FINANCIAL MARKET
BANK OF ENGLAND RETURN FOR THE WEEK FOREIGN EXCHANGE RATES United P.A. — By Telegraph — Copyright Reed. 9.5 a.m. LONDON, Thursday. The Bank of England return for the week ended today is as follows: — Issue Department Notes issued: — In circulation £361,055,959 In banking department . . 32,639,616 Total £393,725,605 Government debt 11,015,100 Other Government securities 233,729,335 Other securities 10,431,977 Silver coin 4,823,588 Amount of fiduciary issus 260,000,000 Gold, coin and bullion .. 133,725,605 Total £393,725,605 Banking Department Proprietors’ capital .. .. 14,553,000 Rest 3,288,286 Public deposits 8,002,907 Other deposits, bankers . . 55,620,463 Other accounts 37,497,753 Seven-day and other bills 2,770 Total £121,965,179 Government securities .. .. 60,428,618 Other securities, discounts advances 9,622,606 Securities •• 18,730,735 Notes 32,639,616 Gold and silver coin .. .. 543,604 Total £121,965,179 The Bank of England rate of discount is 5& per cent., to which it was reduced from 6 per cent, on November 20. Short loans are quoted at 42$ per cent., same as last week, and three months’ bills are quoted at 4 23-32 per cent., compared with 4 13-16 per cent, last week. The proportion of reserves to liabilities is 31.80 per cent., compared with 35.80 last week. FOREIGN EXCHANGE RATES The following rates on foreign exchanges are current today, compared with the cabled quotations on December 3 and par:—
Dec. 5 Dec. 3 Par. Montreal, dol. .. 4.91 7-8 4.93 1-8 4.866 Psew York, dol. . 4.8S 7-32 4.88 1-16 4.866 Paris, fr 123.945 123.895 124.21 Brussels, belga . 34.86 34.87 35.00 Geneva, fr 25.11 25.12 25.22 Amsterdam, ft. 12.092 12.082 12.10 Rome, lire .. .. 93.225 93.195 92.46 Berlin, r.m 20.38 20.38 20.43 Stockholm, kr. . 18.10 7-8 18.125 18.159 Oslo, kr 18.192 18.205 18.159 Copenhagen, kr. 18.205 18.195 18.159 Vienna, sell. 34.665 34.67 34.582 Prague, kr 1642 165 J 24.02 Helsingfors, mk. 194 194 1-S 192.23. Madrid, pes. 34.525 35.195 25.222 Lisbon, escu 108.25 108.25 Athens, dr. 375 375 375.00 Bukarest, lei. . . 818 817 25.222 5 13-16 5 13-16 B. Ayres, dol. .. 46 5-16 46 5-16 47.57d Calcutta, rupee 17 7-8 17 7-8 18d Shanghai, tael . . 262 26i Hong Kong, dol. 20 1-8 30i Yokohama, yen. 24 1-16 24 3-32 Batavia, fl 12.13 . — 12.10
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19291207.2.131.7
Bibliographic details
Sun (Auckland), Volume III, Issue 840, 7 December 1929, Page 14
Word Count
348FINANCIAL MARKET Sun (Auckland), Volume III, Issue 840, 7 December 1929, Page 14
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