MONEY AND MARKETS

Evening Star, Issue 19924, 21 July 1928, Page 4

MONEY AND MARKETS

-—+ LONDON STOCK EXCHANGE. Press Association—By Telegraph— Copyright, LONDON, July 19. Tho following are the latest quotations for Government securities:—

—Australian Press Association-United Service. FOREIGN EXCHANGES. Press Association—By Telegraph—Copyright.

—Australian Press Association. HANK OF ENGLAND RETURN. press Association—By Telegraph—Copyright. LONDON, July 19. The following is the Hank of England return;— ISSUE DEPARTMENT. Note circulation ... ... ... ... * £135,891,000 Notes in reserve ... ... ... ... ... 57,013,000 £192,904,000 Government debt ... ... ... £11,015,000 Other securities 8,735,000 Gold coin and bullion 173,154,000 £192,904,000 BANKING DEPARTMENT. Proprietors’ capital £14,553,000 Public deposits 10.388,000 Other deposits , Seven-day and other bills 4,000 f£141,432,000 Government securities Other securities w’oia'oOO Notes in reserve _ 57,013.000 Gold and silver coin -,790,000 £141,432,000 The proportion of reserves to liabilities is 48.40 per cent. Short loans are quoted at 3$ per cent,, and three-month oills at 4 3-32 per cent. —Australian Press Association-United Service. , METALS. Press Association— By Telegraph-Copyright. LONDON, July 20. Copper; Spot, £63 Os 7*d; forward, £63 6s lo|d. „ r Electrolytic: Spot, £6B 15s; forward, £69. Wire bars, £69 ss. _ Head: Spot, £2O 13s 9d; forward, £2l 3s 6d* Spelter: Spot, £24 7s 6d; forward, £24 7s 6d. Tin: Spot, £2lB 2s 6d; forward, £213 12s 6d. ' Silver: 27Jd; fine, 29 J ,d per ounce. —Australian Press Association. WHEAT, FLOUR, ETC. LONDON, July 19. Wheat: Cargoes are dull and have eased 6d to 9d in sympathy with American reports. Parcels declined similarly; ex the Jervis Bay, 48s 9d to 495. Liverpool futures: July, 9s 7Jd; October, 9s llfd; December, 10s Ofd. Spot trade is weak;. Australian, ex ship, 525.

Flour is easier; Australian, ex store, 36s fid to 375. Oats are quiet and easier. Beans are steady. Peas are slow; New Zealand Partridge, 70s to 80s.—Australian Press As-sociation-United Service. NEW YORK, July 19. Chicago wheat quotations: July, 125 cents per bushel; September, 1273; December, 131|. —Australian Press Association. BUTTER AND CHEESE. LONDON July 19. Butter is steady. New Zealand, 181 s to 186 s; Australian, 174 s to 1765; Danish, 184 s. Cheese; New Zealand, 11s to 1125. A. and N.Z. Cable. AUSTRALIAN MARKETS. Press Association—By Telegraph—Copyright, SYDNEY, July 19. Wheat is dull owing to a lifeless overseas market. Growers’ lots: At country stations, 4s Sjd; ex trucks at Sydney, 5s 4d. Flour: The export trade is stagnant; local, £l3 10s. Bran, £6 10s. Pollard, £7 10s. Oats- Tasmanian, white, 4s 8d to 4s lOd; Algerian, 4s 6d to 4s 9d. Potatoes: Tasmanian, £7 to £7 10s. Onions: Victorian, £l4. MELBOURNE, July 19. 1 The hides market is very active, with heavies and stouts id higher and others firm at late rates. July 20. Wheat, 5s 2d to 5s 2|d. Flour, £l2 17s 6d to £l3 2s 6d. Bran, £6 10s. Pollard, £7 10s. Oats are easier. Milling, 3s 7d to 3s lid Barley : English 5s 4Jd; Cape, 4s. Onions, £lO to £lO 10s. Butter is steady, and cheese is unchanged.

Imperial Consols, 2$ p.c /T55 lo 0 War loan, 6 p.c., 1922-47 - (ex Interest) 101 15 0 Conversion loan, 3J p.c 78 0 0 Commonwealth 6 p.c., 1931-11 ... 103 6 0 Gummcnwcalth 5 p.c., 1915-75 98 0 0 New Zealand 6 p.c., 1930-51 10G 13 9 New Zealand 4 p.c., 1921) ... ... ... ... 99 13 9 New Zealand 3J p.c., 1910 87 5 0 New Zealand 3 p.c., 1915 ... 79 10 0 New .South Wales GJ p.c., 1930-10 ... ... 101 10 0 New South Wales ti p.c., ... 1922-32... 101 7 6 New South Wales 6} p.c., 1930-10 Ml 2 6 New South Wales 1 p.c., 1933 ... ... 93 I 3 New South Wales 3J p.c., 1930-50 86 0 0 New South Wales 3 p c., 1955 75 15 0 Victoria 5J p.c., 1930-40 101 5 0 Victoria 5 p.c., 1932-12 ... ,.. 99 0 0 Victoria 4J p.c., 1910-00 91 10 0 Victoria 3} p.c., 1929-49 ... ... ... 78 0 0 Victoria 3 p.c., 1939-10 ... 71 12 8 Queensland 6 p.c., 1930-40 ... ... 100 15 0 Queensland 3J p.c., 1930 06 7 f. Queensland 3 p.c,, 1932-17 ... 80 17 6 South Australia 6J p.c., 1930-40 101 8 9 South Australia 3J p.c., 1933 84 13 3 South Australia 3 p.c, 19)6 or after ... GO 15 0 West Australia 6 p.c., 1930-40 ... 100 15 0 West Australia 3J p.c., 1920-35 ... ... 88 17 6 West Australia 3 p.c., 1915-35 ... 80 10 0 Tasmania Oj p.c., 1930-40 ... ... 101 2 6 Tasmania 3J p.c., 1920-40 ... 84 17 6 Tasmania 3 p.c. 1920-40 ... 81 5 0

LONDON, July 19. July 16, July 19. Pails, franc to £1 .. ,124.25 124.23 Brussels, belgas to . 34.90 34.92J Oslo, kroner to £1 , ,.. 18.20 18.20 Stockholm, kroner to £1 ... , 18.10 18.16 Copenhagen, kroner to £1 Berlin, reichmarlten to £1 ... 18.20 18.19 ... 20.41 20.37J Rome, lire to £1 ... 92,82 93 13-16 Amsterdam, kroner to £1 , ... 13.08J 13.085 Prague, kroner to ... , 164.00 m Montreal, dollar to £1 ... . ... 4.87| 4.84} New York, dollar to £1 ... , ,.. 4.805 4.86 9-16 Yokohama, pence to yen ... . Hongkong, pence to dollar ,.. 2211-16 23 17-82 ... 24J Calcutta, pence to rupee ... . ... 17 15-16 17} Batavia, guilder to £i ... ... 12.09) 12.10}