STOCK & SHARE MARKET FORGEIN EXCHANGES GOVERNMENT SECURITIES.

Evening Post, Volume CXIV, Issue 26, 30 July 1932, Page 16

STOCK & SHARE MARKET

FORGEIN EXCHANGES

GOVERNMENT SECURITIES.

POSITION Ol^ STERLING

(British Official VVlrelcss.)

• More; than 133,000' claims, for payment of .the wheat bounty at the rate of 4%d a' bushel on wheat produced-last season had been satisfied by the Commonwealth government to 30th June, the expenditure being £3,300,078, . ' .

SATURDAY,,3Oth JULY, 1932. *

„ , RUGBY, 2Sth July. Foreign rates of exchange on 28th July and 26th July are compared, with par rates as follows:— Tar. 2Gth July. 2Sth July. ParisFrancs to £ 131.41 90 7-16 89 11-10 Sew York— • Dols. to £ ../ 4.86 2-3 3.54% 3.50% Montreal— Dols. to S .. 4.86 2-3 4.07 4.03 Brussels— Bclzas to £ .. 35 " ' 25.33 23.32'A Geneva— francs to £ . 25.22% — .181-32 Amsterdam— Florins to £ . 12.10" ,S.S2 8 72U Milan— , ) ' Lire to £ .. 92.4G 69% 69' .Berlin-Marks-to £ . 20.43 14.95 14.76 Stockholm— " • Knr. to £ .. 18.159 , 10 15-32, — Oslo— Knr. to £ .. 18.159 19.95 - — * Copenhagen— Knr. to £ .. 18.159 18 9-18 18.55 Vienna— 1 SchlU. 1 to £ . 34.38 %" »33 1-3 — -PrpRue— , I Knr. to £ .. 164% 11994 — Hclslngfors— Marks to £ .. 193.23 235^ — MadridPesetas to £ 23.522% 41% 4411-16 Lisbon— Escudos to £ . 110 ....:' 110 110 Athens— .Drach to £ . 375 550 , 550 Bucharest— Lei to £ ... 813.6 ' 595 ' 590 Belgrade— - Dinars to £ . 276.310 222% 222% .11 o— Fence to mil. 5.899 51-32 51-32, Buenos Aires— i Pence to peso 477.65 *G4 »64 - Montevideo-1- • ' , Pence to peso • 51 , *30 *30 BombayPence to rupee 38 181-16 18% , Shanghai— , ' > Pence to tael — 20Vi 20 9-32; Bonn ■ Kong— *'. I Pence to tael — 15% 15% '"pcncTVo yen 24.582 18 11-16 18% Sllver,;.spot IT 1-Sdper ozjrand forward, 17 3-16d per oi. • , •Kominal. BANK OF ENGLAND RETURN. (Received 20th July, 2.30 p.m.) LONDON, 28th'July. The weekly Bank of Erjgland return, is as follows: — Issue Department— ' £ Notes'in circulation 369,285,637 Notes in banking department 43,440,279 Total 412,725,916 Government debt '■■■■:........ .. 11,015,100 Other Government securities 241,378,727 Other securities 18,799,079 Silver coin ....j"......... 3,807,094 Total fiduciary Iasue .... 275,000,000 Gold coin and bullion .. i..; 137i725,916 Grand total 412,725,916 Banking Department—■' Proprietors' Capital 14,553,000 Public deposits 11,242,945 Rest '. 3,563,131 Bankers' deposits ' 88,186,076 Other accounts ..• 34,561,207 Seven-day and other bills .. 2,849 Total ' 154,109,208 Government securities ...... C8,77O,-765 Discounts, advances ...... 15,280,114 Securities ; ........;.. 23,767,508 Notes 43,440,279 Gold andsilyer coin; '. 850,542 'Total v 154;i09|208 Proportion of Reserve to Lia- * bilities 33 p.c. Short loans % p.c. Three-month's' bills s 23.32 p.c.

United Press Association—By Electric Telegraph—Copyright. LONDON, 28th July. 28th 22nd ' July. July. Consols .: 73% 72y t . British Funding Loan, ! 4 p.c 108% 107% British War Loan, 6 p.c. .. 102% 101% Conversion -Loan, 3% p.c. 100% 98 15-16 Victory Bonds, 4 p.c 106% 106% Commonwealth Australia, 5% p.c, 1022-27 100% -100 Commonwealth Australia, 6 p.c., 1931-41 100% 100% Victoria, 3 p.c, 1920-49 ..76 77 Victoria, 3% p.c.,- 1929-49 . 81% 84 Victoria, 5% p.c, 1930-40 / 08% 98% Victoria, 5 p.c, 1932-42... 88% 98% Victoria, 4% p.c, 1940-60 .. 98% 98% N.S.W., 4 p.c, 1933' 07% 97 N.S.W.,-3 p.c, 1935 ' 01% 90% N.S.W., 3% p.c, 1930-50 ■.. 80 • 81% N.S.W., 5% p.c, 1922-32 100 99% N.S.W.,' 6%~: p.c, 1930-40 09'4 99 ' N.S.W., 6 p.c, 1930-40 .... 99 97% i Queensland, 3% p.c, 1930 98 99% Queensland, 3 p.c, 1922-47 . 77 78% Queensland, 6 p.c, 1930-40 99% 98% N.Z., 4% p.c. 1949-58 .... 102 104% N.Z., 3% p.c, 1940 95 94% jST.Z., 3 p.c, 1045 83% 85% N.Z., 0 p.c. 103G-51' 104' 104 S. Aust., 3% p.c, 1939 .. 91 91% S. Aust., 3 p.c, 1916 or after GC% 00% S. Aust., 6% p.c,; 1030-40 09% 99% Tasmania, 3% p.c, 1920-40 89% ■ 89% Tasmania, 3 p.c, 192040 87%' ■. 88% Tasmania, 6% p.c, 1930-40 100 ' 09% W. Aust., 3% p.c, 1020-30 94% 93% W. Aust., 3 p.c, 1915-35 . 92% 92% W. Aust., 6 p.c, 1930-40 ..100 99 Mr; J. O. ■' M. Clarke, the chairman of J. and I 1. Coats, Ltd., sewing cotton manufacturers, referred to the' difficulties that .the company had to contend with, notably exchange restriction, the .*; American i depression, sind-economic nationalism; as' regards the latter,' he said'the recent theoryi that it is "good business to. sell goods' but not to buy" is gradually strangling, international trade, and. is not the least of the causes that have contributed to the present world-wide depression. :

Wellington Stock Exchange— r r (10 a.m.) ; Buyers. Sellers. £ s. d. £ «. d. N.Z. Government Loans— 4%■'.. p.c. Bonds, 1938 05 10 0 — 5'As p.c. Bonds, Feb., 1937 ..:.. 101 00 — 3% p c. Bonds, Sept, 1937"...-............ 101 0 0 101 50 oVi ; p.c Bonds, 1935 97 10 0 99 10 0 4'/2 p.c. Ins. Stk., 1030 05 17! 0 06 1 .6 ■4% p c. Ins Stk , 1938 95 15 0 — 5M p.c: Ins. Stk., 1933 90 5 0 — 5% p.c. Ins. Stk., 1936 — 101 10 0 5% p c Ins Stk , Sopt 1037 — 101 5 0 5% p.c. Ins. Stk., 1033 — 08 15; 0 Rural Advances, 5 p.c, 1947 __. 05 0' 0 Debentures— Wn. .Gas Co .. 99 0 0' — Wn. Racing Club ... — 84 0 0 Wgtn. Har. Board, 5%. p.c, 1910 ■...'.. 99 10 0 — Pa tea Borb., 0 p.c. 1946 .......'...... — 99 if) 0 Waitomo Elec. P.B., 6 p.c, 1945 — 99 0 0' Eastbourne Boro., G% p.c,' 1052 — 97 0 0 HauraKi Plains, 5% P c, 1950 _ 07 0 0 Bank*Comm. of Aust (ord )* 0 13 9 — E S and A 4 10 — National N.Z. ......... — 3 10 0 New South Wales , — 27 0 0 Xow Zealand 2 6 10 2 7 6 New 'Zealand, Long Terni .16 6 — Financial— Goldsbrdiigli Mort :.. 119 12-3 National . — 1 10 0 N Z Guarantee Corp. (oid ) 0 4 8 — Wn In\est Mtg V Deposit 0 7 0 0 7 9 Wn. ■ Invest T. and A. 0 0 9 — Gas— Auckland (contr ) .. * 0 14 9 — Wellington (ord ) .. .* 18 9 InsuranceNew. Zealand ....... 20 0 — Meat Preserving— , G??/ 1 11 0 1 12 3 NZ Refiiff (10s) .044 — Wgtn.-1 Meat Export (prof.) . V. 0 12 6 — i Wgtn. Heat Export (ord.) 0 3 9 ,— Transport— Huddart-Parker (ord) 1 3 0 — Union Steam (pref.) . ,0 19 6 — Woollen— Mosgiel 6 10 0 — Coal— ' Westport — L 0 13 0 Breweries— ' Carlton < 19 0 Xew Zealand 14 4 — Tooth and Co — 16 6 Miscellaneous— , British Tobacco (old ) 1 8 0 — Dental and Medical .,049 — Dunlop Rubbei 0 11 0 — Electio. Zinc (ord) 0 11 3 — Ble.ctro, Zinc (pref.) 10 0 — Howaid Smith (ord,) 0 8 0 — Sharland and Co. (ord ) 0 14 0 — Shailand and Cl ,J? r? £.) „ - ••' 0 15 0 - Wilsons Cement .... > — ■■ 1 10 0 Oil—' iloturoa , 0 2 6 • Mining— ' Art' Lyell 0 17 0 — ' W^ 1" 0 15 6 0 15 10 Mahakipa^a 0 0 2 0 0 6 Golden Daun 0 4 2 ' SK lt0. • --.087 0 810 Blackwater ,' . .,f 0 12 0 — Consol. Goldfields .. f 0 4 6 — *Cum div. +Ex. div.