LATE COMMERCIAL

Otago Daily Times, Issue 18825, 31 March 1923, Page 10

LATE COMMERCIAL

ENGLISH MARKETS. Picas Association—Bv Telegraph—Conyright LONDON, March 29. (Received March 30, at 11.40 p.m.) Butter is slow of sale owing to heavy supplies, especially of Danish, and to a smaller consumptive demand. New Zealand choicest is quoted at 182 s to 184 s; exceptional quality, ,186 s; unsalted, 190 s to 1945; Australian, 160 s to 182 s; unsalted, 184 s to 186 s; Danish, 196 s "to 198 s, Cheese.—The market ia easier. Now Zealand, 144 s to 148 s; Australian, 132 a to 140 s. ' The Bradford wool market has a holiday tone, but prices are firm.—A. and N.Z. Cable. BANK OF ENGLAND RETURN?-. LONDON, March 23. , (Received Mnr. .'lO, at 11.5 p.m.l . The Bank of England returns for the 'week .ended March 23 afford the following cempnricon With those of the previous week: — *?';■ March 22. March 23. ■ ‘.Coin and bullion £125,532.01)0 £125.642.000 Reserve 21,06.1,1X10 22.813.000 Proportion of reserve to liabilities, p.c 18.38 17.13 Note circulation 1TT,133,004 124.-127,001 Government ilenosits ... 24.121),000 25.67H.000 Other deposits" 102,644,0181 37.020.01 W Government securities -1H.523.(HX 48.351.00 U fltlier securilie- 72,126,001 73.812,000 'Short loons, 2 2-16 per cent.; three months’ f,.,bills, 2 2-16 per cent. , FOBEION EXCHANGE KATES. I/iN'DnN. -M.n.-h 23. f Received 44,ir. 20, at 11.5 pun.) Tho exchange rates are as follows: T/unlon on Bar. Mar. 22. Mar, 23, Paris, fr. to £1 25.255 63. ,5 <0.70 Christiania, kr. to £1 ... 18.153 25.36 25.30 Copenhagen, kr. to £1 ... 18.b>3 24.40 24.40 Stockholm, kr. to £1 ... 18.153 17.62 17.60 Berlin, mark, to £1 ... 20.2 37.500 1(H),000 Home, lire to £1 22.221 3.,; 34', Montreal, dol, to £1 ... 1.86 4.78'( 4.76,\ .New York. -101. to £1 ... 4.8)1 4.63;] 4.681 ■ Hong Kong, do], lo ,£] * 28,b 1 28;Id Yokohama, st. to yen ... 21.50 21:31 24b! . Calcutta, ft. to rpe. 10 to gold £1 16 2-224 16,4(1 •Determined by price of silver. GOVERNMENT BECEKITIES. Picas Association—By Telegraph—Copyright LONDON, March 23. (Received March 20, at 11.5 p.tn.) The following arc tho latest quotations for Government securities, with a comparison with those ruling last week: Last week. This week. £ s. d. £ s. d. Sh per oent. Imp. War Loan. 1925-28 35 10 0 95 1(1 0 5 per cent. Imp. War Loan, 1923-47 101 15 0 102 0 0 21 per cent. Conversion I/ian 77 7 6 78 5 0 . 51 per cent. G'wcalth Loan, 1.322-27, I‘3-’fi.-.\ iigu-t 102 0 0 102 5 0 6 per cent. Cwealth, Isian, . 1921-41, June-Dee 105 0 0 105 0 0 N.B.W. .Vs, 1325, April-Oct. 76 0 0 76 7 G N.S.W .tps. 1330-50. Jan.-.llv 73 10 o 80 0 0 N.S.W. 4’s, 1922. .bm.-bilv 90 10 o 31 n o ' K.S.W. ill's. 1322-22, MavNov 1"1 II 6 102 5 C "N.S.W. 6’?. 1920-40. Mav-N'ov. 105 12 6 105 15 0 N.B.W. fij's, 1320-40. ' l-Vb.-A„g 107 15 0 107 IO 0 Tic. 54's, 1920-10. Apl.-Cct. 102 2 6 102 2 ITic. 31/s, 1321-26, .lan.-Inly 36 15 0 37 0 (I ' Vic. 2J's, 1923-40, Apl.-'ko. 77 15 0 78 12 6 Vic. 3Ve. 1920-19. .lan.-July 71 10 0 71 15 0 Q’litnd "fi’s, 1930-40, Feb.-Ang. 105 2 ti 105 0 0 Q'land 4'f. 1324. Jan.-Inly ... 38 10 0 38 7 C -■'■o’lnnd 3i’s, 1324. Jan.-.lulv 37 15 o 37 10 0 Q’land 34’s, 1930 88 15 0 83 0(; Q’lanfl 3’r, 1922-47, Jan.-July 68 7 6 68 10 0 '-'N.Z. fi's, 1930-51. Feb.-Aug. 103 17 6 109 0 0 N.z'. 4’s, 1929. May-Nov. ... 35 5 0 95 15 (I N.Z. bps, 1940, Jan.-July ... 83 15 0 82 15 0 N.Z. 3's, 1345. Aprl.-Oet. ... 75 •' " 15 0 "S.A. 3’s, 1930. Jan.-Julv ... 61 15 o 61 10 0 !■ (B.A. 44’s, 1945 or after ... 82 0 0 82 15 0 s!a. 64’S. 1920-30 101 15 o 107 10 n Tas." 34’s'. 1920-10. Jan.-.lnly 78 0 0 76 0 0 • • 'Plis. 3’s. 1920-40, Jan.-July ... 93 0 83 10 o Tas. 64’s, 1330-40, Feb.-Inly 108 0 0 107 0 0 W.A. 34’s, 1320215, May-Ang. 75 0 0 76 10 0 W.A.' 3’s, 1315-35, May-Nov. 73 17 6 73 17 6 ■W.A. 6’«, 1330-40, Jan.-.lnly 105 5 0 105 10 0 Cipnsolg ore quoted at £49 sa.