COMMERCIAL NEWS
THE RESERVE BAM.
THE WEEKLY STATEMENT. (Per Press Association.! WELLINGTON, January 20 ; A Gazette issued to-night contains the following statement of the assets and liabilities of the Reserve Bank of New Zealand as at the close of business on January 17 :
GRAIN AND PRODUCE.
CHRISTCHURCH MARKETS. (Special to the “ Guardian.”) CHRISTCHURCH, This Day. There is very little activity on the grain and produce market this week, and no alterations in last week’s quotations. The following are quotations to farmers on trucks at country stations, sacks extra unless otherwise stated:— Milling Wheat—F.a.q. Tuscan 5s sd, Hunters 5s 7d, Pearl 5s 9d (less f.o.b. charges and brokerage). Fowl Wheat— G.W.F., 5s lOd. Oats—Gartons, 2s 6d to 3s; Algerians, 2s lOd to 3s; Duns, 2s 6d to 3s 3d (according to quality). Cocksfoot—4d to lOd (according to quality). \ Ryegrass—Perennial, 2s 9d to 3s 3d (according to quality); Italian, 2s 6d to 3s. White Clover—Bd to lOd. Cowgrass—6d to Bd. Partridge Peas —4s 3d to 5s 3d (according to quality); under-grade, 3s to 3s 6d (according to quality). Chaff—£3 10s to £3 15s (according to quality). Flour—£l3 15s 6d, in 2001 b sacks. Bran—£4 15s to £5 5s (local price). Pollard—£6 6s to £6 15s (local price).
THE SHARE MARKET. / The following sales were made on the Christchurch Stock Exchange yesterday : LISTED STOCKS Sales on ’Change.
LIABILITIES— £ s. d. General reserve ... 1,500,000 0 0 Bank notes 14 532,505 10 0 Demand liabilities— State 3,040,116 2 11 Banks 9,626,810 10 2 Other 650,576 17 2 Time deposits — Liabilities in currencies other than New Zealand currency — 10 Other liabilities, .... 191,717 9 Total 29,1541,726 10 1 ASSETS— £ s. d. Reserves: Gold 2,801,791 0 0 Sterling exchange . 16,683,102 6 0 Gold exchange ... — Subsidiary coin .*... 217,882 18 2 Discounts— Commercial and — agricultural bills — Treasury and local body bills — Advances—■ To State or State undertakings: Primary Products Marketing dept. 6,221,143 4 10 For other purposes 900,000 0 0 To other public authorities — Other — Investments 2,658,325 0 0 Bank premises — Other assets 59,482 1 1 Total 29,641,726 10 1 Proportion of reserve to notes and other demand liabilities 69.963 per cent.
£ s d. 25 Comm. Bank of Aust. (pf. cum div.) 9 14 e 100 Westport - Stockt o n Coal (pf.) 0 5 9 100 Broken Hill Pty. (2) 3 3 0 200 Dunlop Rubber 1 3 0 1 3 7 100 Electro. Zinc (ord., cum diV.) 2 8 G 2 8 5 50 Electro. Zinc (pL, cum div.) 2 11 10 400 Wool worths (Sydney, ord.) (4) 1 5 8 200 Broken Hill South (2) ;1 15 7 1 15 6 1 15 5 200 Mount Lyell (3) 1 12 3 250 Mount Morgan (3) 0 10 4 Sales Reported. 200 Comm. Bank of Aust. • (2) 0 17 1 50 National Bank of N.Z. 2 13 0 150 Woohvorths (N.Z.) 1 0 6 200 Woolworths, Ltd. 1 5 8 200 Mount Morgan 0 10 H
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Bibliographic details
Ashburton Guardian, Volume 58, Issue 86, 21 January 1938, Page 7
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487COMMERCIAL NEWS Ashburton Guardian, Volume 58, Issue 86, 21 January 1938, Page 7
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