LATE COMMERCIAL

Evening Star, Issue 19893, 15 June 1928, Page 6

LATE COMMERCIAL

SALES ON ’CHANGE: THIS DAY. Wellington.—Reported sale: Bank of New South Wales, £4B 17s 6d. Christchurch. —National Bank of Australasia (£5 paid), £9 Is; Union Bank of Australia, £l4 18s 6d (two parcels); New Zealand Insurance, 425; Dalgety and Go., £l4 IDs (four parcels) ; New Zealand Refrigerating (10s paid), 8s 6d; New Zealand Breweries, 41s 3d; British Tobacco, 42s 6d. Reported: Bank of New South Wales (Melbourne register), £49 12s 6d, CHICAGO WHEAT QUOTATIONS. Press Association—By Telegraph—Copyright. NEyTyORK, June 14. (Received June 15, at 9.15 a.m.) Chicago wheat: September, 140 J cents per bushel; December, 143|. — Australian Press Association. BUTTER AND CHEESE. The National Mortgage and Agencv Company, Ltd., has received the following cable from London:—“Butter: Market firm. Finest New Zealand, 172 s to 1745; Danish (market steady), 170 s to 1725. Cheese: Firm. Finest New Zealand, 102 s; first grade, 101 s; Canadian cheese, 100 s, c.i.f.; buyers arc holding off.’’ BANK OF ENGLAND RETURN. Press Association—By Telegraph—Copyright. LONDON. June 14. The following is the Bank of England return:— ISSUE DEPARTMENT.

The proportion of reserves to liabilities is 43.50 per cent. Short loans are quoted at 34 per cent., and three-month bills at 3J per cent. —Australian Press Association-United Service. '

Note circulation ti' ... ... ... £135, ora, ooo Notes in reserve ... 50,389,000 £185,102,000 Government debt ... ... £11,015,000 Other securities ... ... ... ... 8,735,000 Gold coin and bullion 105,712,000 £185,402,000 BANKING DEPARTMENT. Proprietors’ capital ... ... ... ... ... £11,553,000 Rest 3,285,000 Public deposits ... ... ... ... 18,250,000 Other deposits ... ... ... ... 102,703,000 Seven-day and other bills ... 3,000 £138,881,000 Government securities ... ... ... £31,110,000 Other securities ... ... ... ... 51,668,000 Notes in reserve ... ... ... ... 50,380,000 Gold and silver coin ... ... ... • «> 2,387,002 £138,884,000