COMMERCIAL
RESERVE BANK
GAIN IN STERLING EXCHANGE
Details of the Reserve Bank of New Zealand return for the week ended February 1, 1943..compared with those for the week ended January 25, are:—
•Increase. fUecrease. Proportion ol reserve to note* nnd demand liabilities, 48.495 per cent., compared with 47.778 per cent, for the week ended January i* I li>- stHitttnr.v llinti i* 2r. per cent ' Principal returns, February 2, 1942, were:— Bank-notes, £23,603,247; demand liabilities to State, £9,055.578; and to the banks, £15,322,949; gold, £2,801,877; sterling exchange, £14,801,805; advances to Marketing Department, £4,942,752; and to State for other purposes. £22,500,000.
DOW JONES AVERAGES.
(By Telegraph—Press Association—Copyright.) (Bee. noon.) NEW YORK, February 5. Dow Jones averages (1926 equals 100) aiid turnover on the New York Stock Exchange compare as follows :—'■■'.
Wool totalling 28.707 bales, net weight 9,014,4951b5, was offered at the third appraisement of the seasbn in Christchurch. The total value was £556,631, equivalent to an average price of £19 7s 9.626 d a bale, or ls 2.819 d per lb.
LiabilitiM— £NZ £>Z rieriprnl reserve . 1,500.000 0 0 Unchanged Bank-notes ... 29,879,580 0 0 U12.107 liemafii Uabilities State 12,315,978 9 11 . tl28,567 Banks 22,742,120 17 1 »40,487 Other 1,202,781 6 7 *322.640 Other currencies 12,447 12 2 *751 3ther liabilities 1.565,816 11 10 *2,486 £69,218,724 17 7 *125,690 Assets— £.N*5- £NSGold 2,801.877 10 0 Unchanged Ht-serve — Ster. exchange 29,285,358 3 3 *533,687 Subsidiary coin 22,068 0 10 t2,119 Ad\»n<e. -o State— Marketing ... 779,809 13 11. t455,736 Oilier purposes 30,000.000 0 0 Unclmngea investments .... 4,457,881 10 6 Unchanged Other assets .. 1,871,729 19 1 »49,858 £69.218.724 17 7 *125.690
20 30 Shares Rails. Indus. sold. January 20 .. 28.75 120.55 518.000 January 22 .. 27 75 121.99 S83.0U0 January 23 .. 29.08 122.38 3:.2.<*00 January 28 .. .29.04 124.31 1.043.000 January 27 .. 28.87 124.08 1.027.000 January 30 .. 29.21 123.58 < 612.000 February 1 .. 29.55 125.86 1.087.000 February 2 .. 29.51 125.88 1.053.000 February 3 .. 29.24 125.56 835,000 February ,4 ..'29.20 125.07 795,000 LONDON SHARE INDICES. (By Telegraph—Press Assbc.atl"-. —Copyright.) (Rec. noon.) LONDON**, February 5. "Financial Times" stock and share Indices, with previous quotations, are (October 15, 1926, equals 100) :— GoTt. Home Indus- Goldsees. rai.s. trials. m;.3, January 4 .. 113.8 66.5 118.2 152.7 January II .. 114.2 67.8 121.0 148.0 January 12'.. 114.1 67.6 120.7 146.2 January 13 ..'114.2 67.6 121.4 146.3 January 14 .. H4.2 67.3 121.2 146.3 January 18 .. 114.2 67.2 122.7 146.4 January 19 .. 114.2 67.0 122.8 148.1 January 27 .. 114.0 67.2 122.3 148'7 January 28 .. 114.1 67.3 1^2.7 148.4 February 2 .. 114.1 67.2 122.5 148.0 February 3 .. 114.1 66.9 122.3 148.9 February 4 .. 114.1 66.8 122.2 147.9
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