COMMERCIAL NEWS
THE RESERVE BANK. THE WEEKLY STATEMENT. (Per Press Association.) WELLINGTON, July 25. ' The “Gazette” issued to-night contains a statement of assets and liabilities of the Reserve Bank of New Zealand as at the close of business on July 22: LIABILITIES—- £ s. d. Paid-up capital ... 500,000 0 0 General reserve ... 1,000,000 0 . 0 Bank notes 8,929,495 0 0 Demand liabilities—(a) State *. 11,712,513 13 3 (b) Banks 4,246,349 611 (c) Other 147,429 7 8 Time deposits Liabilities in cur- ; reneies other than New Zealand! currency Other liabilities 71,197 0 1 Total £26,606,984 7 11 ASSETS—- £ s. d. .Reserves: (a) Gold 2,801,732 10 0 (b) Sterling exge 21,547,523 3 8 (c) Gold exchange Subsidiary coin 136,381 6 11 Discounts—fa) Commercial & agricultural bills (b) Treasury and local body bills Advances — (a) To State or State undertakings (b) To other public authorities . (c) Other Investments 2,094,075 0 0 Bank buildings .... Other assets 27,272 7 4 Total £26,606,984 7 11 Proportion of reserve to notes and other liabilities 97.25 per cent.
CLYDESDALES IN MELBOURNE.
NEW ZEALAND HORSES SOLD. MELBOURNE, July 25. At the annual sale of Clydesdale horses at the Melbourne Show Ground, ' the following were sold on behalf of Mr J. M. Smith, of Kakanui, New Zealand:—Willow,bank Duke, 132£gns; Springfield Recompense, 170gns; Thornlie Majestic, 285gns; Archaic’s Heir, 142gns; Sahdyhurst, 120gns. On behalf of Messrs Mitchell and O’Brien, of • Studholme Junction, New Zealand, Downs Realty was sold for 210gns. PRODUCE IN AUSTRALIA. SYDNEY, July 25. Wheat—Country sidings, is ((noted at 2s s£d for bagged, 2s 43d for bulk, equal to about 3s OJd, 3s o:]d, respectively, ex trucks, Sydney. Flour—£lo 7s «d. Bran and Pollard—£s. Potatoes —Tasmanian to £l7 ; Vic-
torian, Queensland and West Australia to £l4. ' / Onions—Victorian, Brown, £ll. Maize—Yellow and white, 4s. ADELAIDE, July 25. Wheat —Growers’ lots, 2s lid. Elour —Bakers’ lots, £ll ss. Bran—£s. Pollard—£s 2s 6d. Oats—ls 9d. Barley—2s 6d.
1 SHEEPSKIN SALES, CHRISTCHURCH PRICES EASIER. (Special to the “Guardian.”) CHRISTCHURCH, This Day. The Christchurch Wool broker s’ Association reports having held its weekly skin sale yesterday, when full catalogues were offered of both green and dry skins. Buyers were not so keen, and prices for green skins were Is to Is 6d lower, and dry skins from *d to Id easier. The following was the range of
Three-quarterbred— Three-quarter to full w'ool ... 7 6 Half wool ... 7 43Short to quarter wool ... 5 3 Crossbred— Three-quarter to full wool ... 6-j 5 Half wool ... 53 4.1 Short to quarter wool ... 4 3 Merino— Three-quarter to full wool ... 81 71 Half w'ool ... 5| 5 Hoggets— Half bred ... 81 71 Tliree-quarterb’d 71 01 Crossbred ... 61 53 Pelts 3 2 Green Skins.
THE SHARE MARKET.
The following sales were made on the - Christchurch Stock Exchange yesterday : LISTED STOCKS. Sales on ’Change,,
prices:— Sound. Faulty. s. d. s. d. Halfbred— Three-quarter to full wool 8 to 9\ 7-i- to 8} Half wool 7 to. 8 Short to quarter wool 4 to 4
s. d. s. d. Half bred ... 3 6 to 9 0 Three-quarterbred ... 3 0 to 7 0 Crossbred ... 2 6 to 6 0 Hoggets ... 2 C to 5 6
£ s. d. 200 Com. Bank of Aust. (cum div.) 0 16 11 0 17 0 50 E., S'., and A. Bank... 5 5 6 12 Bank oJWN.S.W. 10 Reserve" Bank 32 15 0 6 9 6 15 Dalgety and! Co. 8 3 0 100 Goldsbrough, Mort ... 1 11 1 71 N.Z. Shipping (pf.)... 11 0 0 200 Kaiapoi Woollens (17s paid) ... (2) 0 1G 3 500 Timaru Brewery (7s Gd paid 1 ) ... (4) 0 9 9 3 250 Anthony Hordern (2) 1 0 1 100 Aust. Iron and Steel (prof.) 1 4 4 100 British Tobacco 2 0 6 200 Big River 0 1 HI
200 Maori Gully 0 1 5^ 300 Mount Lye'll 1 O 1 (2) 1 0 3 Sales Reported. £ 8. d. 100 Goldsbrough, Morfc ... 1 11 4 100 N.Z. Rfefrig. (10s pel.) 0 9 11 200 Heath and Co. ... 1 11 O 100 Dominion Fertiliser 1 3 5 100 British Tobacco 2 0 6 100 Dunlop Perdriau llubber O 1(> 0 30 Union Banks (2) 9 2 0 31 Nat. Bank of A/asia (£'5 paid) 6 10 0 UNLISTED STOCKS. Sales on ’Change. £ s. d. 100 Upper Watut (3s pel.) 0 5 0 150 Woohvorths (Sydney), oid. 5 0 6 5 0 0 (2) 4 19 9 40 Woohvorths (West Australia) (2) 7 12 6 Sales Reported* i£ d. 240 Argo Gold 0 1 o
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Bibliographic details
Ashburton Guardian, Volume 55, Issue 242, 26 July 1935, Page 7
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746COMMERCIAL NEWS Ashburton Guardian, Volume 55, Issue 242, 26 July 1935, Page 7
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