MONEY AND MARKETS

Evening Star, Issue 19942, 11 August 1928, Page 5

MONEY AND MARKETS

FOREIGN EXCHANGES. Press Association—By Telegraph-Copyright.,

—Australian Press Association. BANK OF ENGLAND”RETURN. Press Association—By Telegraph—Copyright. LONDON, August 9. Tho following is the Bank of England return:— ISSUE DEPARTMENT. Note circulation .. ... ... £136,778,000 Notes in reserve ... ... ... 54,649,000 . £191.437,000 Government debt £11,0J5,000 Other securities ... ... 8,735,000 Gold, coin, and bullion ... 171,677,000 £191,427,000 HANKING DEPARTMENT. Proprietors* capital ... ... ... ... £14,553,000 Rest ... 3,563.000 Public deposits ... *«# •»» 12,914,000 Other deposits . 104,531,000 Seven-clay and other bills ... .... ... 3,000 £135,504,000 Government securities ... ... ~.. £20,051,000 Other securities ... ... 49,099,000 Notes in reserve 6',649,000 Gold and silver coin ... ... ... ... 2,755,000 £135,564,000 The proportion of reserves to liabilities Is 48.80 per cent. Short loans aie quoted at per cent., and three-month bills at per cent. —Australian Press Association, LONDON STOCK EXCHANGE. Press Association—By Telegraph—Copyright. LONDON, August 9. Tho following are tho latest quotations for Government securities:—

METAL MARKET. LONDON, August 10. Copper: Spot, £62 0a id] forward. £62 18s 1-fd. Electrolytic: Spot, £6B 15s; forward. . £69 ss. Wire bars, £69 ss. Lead: Spot, £2l 2s 6d; forward, £2l ss. Spelter: Spot,, £2l 8s 9d; forward, £24 13s 9d. / Tin: Spot, £215 7e 6d; forward, £212 12s 6d. Silver: Standard, 27 S-16d; like, 29|d per ounce.—-Australian Press Association. LONDON MARKETS. Tho Otago Farmers’ Co-operative Association'oi New Zealand, Ltd., has received the following came from London:—“Butter is firm, but the market is quiet; New Zealand, 181 s to 184 s. Cheese, steady; Ills to 112 s. Meat is unchanged.” BUTTER AND CHEESE. Tho National Mortgage and Agency Company, Ltd., have received the following cable advice from London:— Butter: Market steady. New Zealand —Finest 184 s, first grade 182 s; Danish, 182 s; Irish, 1765. Cheese: Market quiet, but steady. New Zealand, 112 s; Canadian, 110 s.

LONDON, August 9. Paris, franc to £1 Aug. 7. m.20 Aug 9. 124.23 Brussels, belgas to £1 ... ... 84.SO 34.91 Oslo, kroner to £1 ... ... ... 16.10 18.19 Stockholm, kroner to £1 ... ... I8.U 18.14 Copenhagen, kroner to £1 Berlin, reichmarkon to -£1 ... 18.10 18.19 ... 20.36 20.36 Rome, lire to £1 ... ... ... 02.60 92.81 Amsterdam, guilder to ... 13.09 1-7 1210} Prague, kroner to £1 ... Montreal, dollar to ... ... 4.86| 4.A-.3 New York dollar to £1 ... ... 4.aii 4.854 22 7-16 Yokohama, pence to yen , r Hongkong, pence to dollar ... 24} Calcutta, pence to rupee ... 17 1.5-16 17 15-10 Batavia, guilder to ... ... 13.10} _ 12.10}

Imperial Consols, 21 r.c ... 10 0 War loan. 6 p.c., 1029-47 (ex interest) 102 5 0 Conversion loan, 3J p.c 77 15 0 Commonwealth 6 p.c., ... 101 5 0 Commonwealth 5 p.c. t 3945-75 «.• 08 13 0 New Zealand 0 p.c., 1036-51 ... 100 17 c New Zealand 4 p.c., 1020 ... 00 17 G New Zealand p.c., 1010 87 15 0 New Zealand 3 p.c, 1945 80 0 0 New South Wales p.c., 1030-40 101 13 9 New South Wales G p.c., 1022-32 101 11 3 New South Woks 5J p.c., 1930-40 101 8 0 New South Wales 4 p.c, 1033 ... 03 10 0 New South Wales 3$ p.c., 1930-50 86 S 0 New South Wales 3 p.c., 1055 ... 76 2 6 Victoria 5J p.c., 1030-40 ... ... 101 0 0 Victoria 5 p.c., 1032-42 00 6 3 0 Victoria 4| p.c., 1940-60 ... ... ... 01 5 Victoria 3fc p.c., 1920-49 ... *.« ... 78 7 6 Victoria 3 p.c., 1020-40 ... 71 16 3 Queensland G p.c. 103040 ... ... 100 17 6 Queensland 3$ p.c., 1030 ... ... 06 16 3 Queensland 3 p.c., 1032-47 ... 71 10 0 South Australia GJ p.c. 1930-40 ... 101 15 ft :'outh Australia 3j p.c., 1930 ... ... 84 10 0 South Australia 3 p.c., 1.010 or alter* 60 15 0 West Australia 6 p.c., 1930-40 ... 10,1 10 3 West Australia 3$ p.c., 1020-35 ... 80 10 0 West Australia 3 p.c., 1015-35 ... ... 86 15 0 Tasmania GJ p.c., 103040 101 7 6 Tasmania 3J p.c. 192040 ... 85 15 81 12 ft Tasmania 3 p.c., 192040 ... ••• 6 —Australian Kress Association-United Service.