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FINANCIAL CABLES

By Telegraph—Press Association—Copyright. LONDON, February 3, BANK OF ENGLAND RETURN. The Bank of England return issued for tho week ended Wednesday, February Ist is as under; Ibotb DxrA&runnra. Note Issue £53,902,000 Gov. deSt. £11,015.000 Otb*r teeuzitias ~ 7,434,000 Gold.. 35,453,000 £53£02,C00 £53,902,00 Q Baihoxg Dxpaktstrst. Proprietors’ Got. sesuri* capital £14,559,000 tics .. £14,900,000 Public da- Othe r s eposita .. 10.953,000 eurities 28,808,000 Other de- Notes 26,101.000 poeita 41807,000 CaU - LOH.OCO Rest 7-day and other bills .. 3,556,000 £70,929.000 - £70,929,000 Tho leading items of the Bank of England return afford tho following comparisons ; This week. Last week. Last year £ £ £ Bullion 55.400.000 35.025.000 35,676.00) Reserve 27.216.000 - 27,177.000 26,956,000 Note circuTn 27.701,000 27.251,000 28,154,0(0 Deposits 62,820.000 52,342.000 53,405£C0 Proportion of reserve to liabilitie? ___ 51.49 51,89 50.40 CONSOLS AND AUSTRALASIAN STOCKS, Current quotations for ■ the Consols u.nd Australasian Government stocks, compared with those of last week, and the corresponding period of last year, are:

•Interest payable in May and November, fjntereat payable in January and July. {lnterest payable in \prii and October' THE MONEY MARKET. The Bank of England discount rate/remains at 4 per cent., to which rate it was reduced on January 26th. A year ago it was 3J. The open market rate for best three month bills in London ifi 26a 5d lower on the week at 2 7-16 per cent.; a year ago it was 2 9-16. Short loans are IDs lower at 31 per cent.; a year ago the quotation was 2J. In Paris the open market discount rate is unchanged at 23 per cent. l (23 a year ago); 'and in Berlin it is 2s 6d lower at 3| per cent. (3 a yeftur ago).

Stock. This week Last week Last Vear. £ cL £ d. £ 17 d. 23% Imperial Consols 70 15 0 V8 12 6 81 6 4 % New Zealand* .. 104 17 0 104 10 (I 105 0 90 0 » yo 0 0 98 10 0 8 % New Zealand}: .. 85 10 0 83 10 0 87 0 106 0 0 103 0 0 107 3 m ft 0 yo 0 0 ,98 0 0 87 10 0 87 10 u 89 3 0 103 0 0 102 12 0 07 10 II W 0 0 98 0 0 8 % Victoria .. .. 84 10 u 84 10 0 85 10 0 08 10 0 90 in 0 97 10 0 81 10 0 81 10 0 4 % Queensland 103 0 0 103 0 0 103 10 0 83% Queensland 06 10 0 96 10 0 H3 IU 0 83 -10 0 85 33% West Australia .. i rj 0 0 97 0 0 8 % West Australia Hrt III 0 80 11) 0 88 10 0 9)% Tasmania .. .. S% Tasmania .. .. 87 10 0 9V 10 0 97 5 85 10 0 Bb 10 0 80 0 0

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM19110206.2.83

Bibliographic details

New Zealand Times, Volume XXXIII, Issue 7355, 6 February 1911, Page 7

Word Count
463

FINANCIAL CABLES New Zealand Times, Volume XXXIII, Issue 7355, 6 February 1911, Page 7

FINANCIAL CABLES New Zealand Times, Volume XXXIII, Issue 7355, 6 February 1911, Page 7

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