COMMERCIAL

Evening Post, Volume CXL, Issue 85, 8 October 1945, Page 7

COMMERCIAL

SHARE MARKET

WELLINGTON STOCK EXCHANGE,

Sales made after going to press on Friday: — £60., National Savings Bonds, 4/10/49, £98 10s lOd; 50 Bank of New Zealand, £2 9s 4V 2 d; 100 Commercial Bank of Australia, 17s lld; 2Y3 N.Z. Refrigerating (10s), 14b 10d; £1000 4 per cent. Stock, 31/5/54-58, £107 7s 6d; 150 Taupo Totara Timber (pref.), 10s 3d; 200 (two sales) McKenzies, £3 (is; 100 WoolXvorths, Limited (ex div.), £1 4s 6d. Unofficial list: Wellington Mortgages (20s), 9s 3d. Sales made today:—loo Taupiri Coal, £1 lis. P.A. AUCKLAND, .This Day. Morning sales on 'Change: Union Bank of Australia, £8 5s Gd; Taupo Totara (pref.), 10s 3d. . Noon sales: Bank of New Zealand, ,49s 2d; New Zealand Insurance, 94s 9d; Colonial Sugar. £59; G. J. Coles, 70s 6d; W. It Carpenter (ex div.), 445; N.Z. Government Stock, 3 per cent., 1956-59, £100 ss. CHRISTCHURCH, This Day. Sales on 'Change: N.Z. Government 3 per cent. Stock, December, 1953-SG. £100 ss; ditto, 19«0-fi3, £99 17s Gd (2). Sales reported: John Bulleid, 14s Od; Mount Morgan (late Friday), 9s 4d. DUNEDIN, This Day. Sales on 'Change: N6w Zealand Government Stock, 3 per cent., 1950-59, £100 10s; 3 per cent, 1955-58, £100; 4 per cent., 1054-58, £107 5s (all late sales) ; McKenzies Dept. Stores, 00s; N.Z. Drug, £5 ss. RATES OF EXCHANGE. Telegraphic rates of exchange on overseas centres on October 6, as supplied by the Bank of New South Wales, Wellington, were:— On. Buying. Selling. New York, dols. lo £NZ 3.2542 3.2050 Montreal, dols to £NZ 3.6039 „3,-»'^ 9V„ In., C'n., N.Z. d. to nip. 22 3-16 22 11-lb London, £stg. 100 to N.Z. 124% 12a Aust., £XZIOO lo £A .. 100& 100 Fiji, £NZIOO to £F ... 90 ,» S.A.F., £SA 100 to £NZ 123% 120 3-16 Chungking, N.Z. pence to Chinese nat. dol — 4d Switzerland, francs to £XZ _.- 14.04 13.(1 Sweden, kr."to £NZ ... 13.78 13.34 BANK OF ENGLAND RETURN. (By Telegraph—Press Association— CopyriflhL) J LONDON, October a. The Bank of England return for the week ended October 5, compared with that for the week ended September 27, is given in millions of pounds, as follows:- £ £ (millions) (millions) Issue Department— „„, Notes in circulation .... 1329.9 1303.3 Notes in Banking Dept. .. 20.3 _>*■■> Govt, debt *• I°-° ,}°- 0 Govt, securities 1338' n 4 c 133 n-7 Other securities „_„„ ~««•« Fiduciary issue .... 1300.0 ltJ5"" Gold coin and bullion .. 0.2 v.* Banking Department— ■ Capital 14.5 14.5 Rest , 3.a 0.0 Public deposits 3.5 9.6 Bankers' deposits 2(9.2 -«•» Other accounts i... »3.1 jh-1 Govt, securities 322.2 '-*>'-•'-' Advances and discounts .. 3.6 0.7 Other securities 9.5 11.3 Notes and coin 20.5 li_.l Proportion, p.c 6M .-».«u Bank-rate, 2 per cent, since October 20, 1939. Bank-note circulation on September 20 was £1,329.000,000, and for' October 4, 1944, was £1,158,700,000, with a fiduciary issue of £1,200,000,000.