LATE COMMERCIAL

Evening Post, Volume CVIII, Issue 83, 4 October 1929, Page 11

LATE COMMERCIAL

BANK OF ENGLAND RETURN,

Australian Press Association—United Serrlce. (Received 4th October, 1 p.m.) LONDON, 3rd October. Following is the Bank of England return for the week ended 3rd October:— Issue Department— £ Notes in circulation 303,347.695 .- In banking department '25,7755843 Total £359,ri0,543 Government debt 11,015,100 Other Government securities- . 235,735,469 Other securities 8,406,803 Silver com 4.542.628 Gold coin and bullion 129,120i543 Total £389,120,543 Banking Department— - ■■ Proprietors' capital .14,553,000 Rest 3,745,072 Public deposits 8.992,562 Other deposits (bankers') .... 64,909.909 Other account -.. ' 38,041|651 Seven-day and other bills ... 2,509 " Total £130,244,703 Government securities 73,766,855 Discounts, advances 8,508 649 Securities 20,974,300 ■%°f! S ■•••.,•••••■>■•:•■••••——• 25.772,84S Gold and silver com 1,223,045 £130,244,703 Proportion of reserve to liabilities, 24.10 p.c. Short loans, 5% p.c, three monthsbills 6 3-10 p.c. . .••;;:

SLUMP IN NEW YORK,

Australian Press Association—United Serrici.

(Received 4th October, 1 p.m.)

NEW YORK, 3rd October. The stock market collapsed late on Thursday under tremendous- selling pressure, scores of high-priced issues, particularly public utilities, declining five to seventy dollars a share, wiping out more than a billion and a half "values."

N.Z. NEWSPAPERS, LTD.

(By Telegraph.—Press Association.)

AUCKLAND, This Day! The directors of New Zealand Newspapers, Ltd., declare an interim, divideffd for the half-year ending 30th September of 3% per cent.

LONDON WOOL SALES.

Australian Pres3 Association. - (Received 4th October, noon:)

LONDON, 3rd October. " At the wool sales 10,542 bales' wera offered, of which 4031 were New Zealand, a moderate representative offering of greasy merinos and a good catalogue of New Zealand greasy crossbreds,: slipes, and scoureds. There was general competition with a steady market, prices unchanged. New Zealand greasies, crossbred, Mangapai 14d to'l3d; super comebacks, Mount Winworth 12d to 1134 d.

BUTTER AND CHEESE.

Australian Press Association. . (Received 4th October, 11 a.m.)

LONDON, 3rd October. Buttef.—Firm. Danish, 2045; choicest salted New Zealand, 182s to 184s; Australian, 176s to 178s; unsalted, New Zealand, 178s to lS2s; Australian practically cleared, 182s_ to 184s. Cheese: Steady. New Zealand, coloured 945, white 955.

CALL MONEY IN NEW YORK.

Australian Press Association. t . (Received 4th October, 2 p.m.) 1 NEW YORK, 3rd-October. ' Call money renewal high 7% low' and close 6 per cent. ■"■"." .' • ■

CHICAGO WHEAT FUTURES.

Australian Press Association. (Received 4th October, 2 p.m.)

CHICAGO, 3rd October. V\ neat futures—December, 1 dol. 33 1-3 cents; March, 1 dol. 40 cents; May,- 1 do'L