FINANCE & COMMERCE

Dominion, Volume 37, Issue 278, 21 August 1944, Page 6

FINANCE & COMMERCE

Bank Of England Return (By Telegraph.—Press Assn.-Copyright.) LONDON, August 17. The Bank of England return for the week ended August IU is as follows:—

circuiauuu . x,x-jv,uuu,vw Government Stock Prices (By Telegraph.—Press Assn.—Copyright.) LONDON, August 17. Government stocks are firm, with British slightly more, active. Prices, compared with those on August 10, are as follows:

Radio (1936) Profit

Dominion Special Service. AUCKLAND, August 19. The Accounts uf Radio (1936) Limited for the year ended Juno 30 show a net profit of £6965 compared with £5861 in the previous year and £5201 in 1942. The directors recommend a dividend of 9d. a share, unchanged, absorbing £3BlO. The usual addition to the building redemption fund of £Ol7 has been provided, leaving £9975 to be carried forward against £74(77 brought in. Gold Mining The Snowy Hirer return last week was 101. ounces for 258 hours from -16.000 yards. Golden Sauds returned 8S ounces for 64 shifts. \ Dow Jones Averages NEW YORK, August 19. Dow Jones averages (1926 equals 100):—

Stock And Shai-e Indices 7-ONDON, August 19. “Financial Times” indices (1926 equals 100)

Note issue: Govt. debt. 11,000,000 Other Govt. In eircu. secs. 1,188,100,000 latiou 1,110,900,000 Other secs. 000,000 In bank- *£1,200,000,000 ing dept. 53,300,000 Gold coin 200,000 £1,200,200,000 £1,200,200,000 ‘Amount of fiduciary issue. £ £ Capital 14,500,000 Govt. sec. 186,400,000 Best 3,100,000 Disets.. adDeposits- vanccs 4,200,000 ‘ Public 12.300,000 Other sees. 14,200,000 Banks 171,900,000 Notesand Other acs. 57,300,000 coin y4,600,000 £259,100,000 £259,100,000 Proportion of reserve to liabilities, 22.59 per cOnt., compared with 20.27 per cent. 1U The'principal items of tbe above return compare as follows with those or last Aug. 9. Aug. 18. D< Pnblk i ~ 9,800,000 12,300,000 {•inkers 1711,100,000 171,900,000 Other accounts . 58,500,000 57,300,000 £214,400,000 £ 241,500,000 Government ... 191,200,000 189,400,000 Disets., advances 0,500,000 4,200,000 Other securities 13,800,000 14,200,000 Reserve 50,800,000 51,000,000

Pric £ 6. e. d. Variation. £ s. d. Consols, p.«J 79 10 0 0 3 9* Fund. Loan, 1940-49 . 113 5 0 same War Loan, 34, 1955 .. 103 15 0 same * Conv. Loan, 3 J, 3961 . 104 18 0 0 13* Victory Bonds, 4 p.c. 111 11 3 same C’wealth, 4, 1945-75 .. 102 7 6 0'5 Of C’wealth, 4, 11443-50 .. 103 10 0 0 2 67 C’wealth, 3, 1948-53 .. 103 11 3 0 5 (It C’wealth, 3, 195G-61 .. 100 10 0 same C’wealth, 3, 1956-59 .. 99 17 6 0 2 6* N.S.W., Si, 1930-50 .. 101 7 G 0 2 67 Victoria, 3, 1929-49 .. 105 15 0 same Victoria, 5", 1945-75 . - .102 7 G 0 3 97 Q’land, 3, 1912-47 ... 100 12 6 0 .1 3* 8. Aust., 3, 1910, opt. 87 15 O 0 15 07 S. Aust., 5, 1945-47 .. 102 7 0 • 0 3 97 W. Aust., 4, 1942-46 .. 102 6 3 0 5 07 Tasm., 4, 1942-16 ..'. 102 10 0 0 5 07 N.Z., 4 4, 1048-55 .... 101 7 G 0 2 6* N.Z.,1 3, 1915 101 5 0 0 2 6? Tlligiicr. •Lower.

20 Rail32 Shares Aug. 0 roads. Industrials, sold. .1 40.92 144.92 963,000 Aug. 30 41.18 145.65 1,016,000 Aug. 11. 41140 .146.27 044,000 Aug. 13 41.48 140.50 374,000 Aug.' 14 41.27 146.77 0SS.000 Aug. 15 41.08 140.45 784,000 Aug. 10 41.45 . 147.30 1,497.000 Aug. IT 41.81 148.40 2,498,000 Aug. IS 41.03 11S.96 2,490,000

Govt. Homo Goldsec’s. rails. trials. mines Ang. S .... 113.2 142.3 1G0.5 Aug. !l .... 113.3 ' tffl 142.0 1G0.3 Aug. 10 .... 113.3 00.0 142.0 160.1 Aug. 11 .... 113.3 Gfi.S 141.7 100.1 Aug. 1+ .... W3.3 fill.fi 141.4 1C0.0 Aug. 15 .... 113.2 fifi.fi 140.7 159.9 Aug. .17 .... 113.3 60.4 139.4 130.0 159.6 Aug. 18 .... 113.4 66.4 159.7