COMMERCIAL

Evening Star, Issue 20995, 8 January 1932, Page 12

COMMERCIAL

♦- LONDON STOCK EXCHANGE. (British Official Wireless.) RUGBY, January 7. (Received January 8, at 1 p.m.) A more hopeful view of the European situation and the chances of useful international co-operation at the forthcoming conferences were shown on the Stock Exchange to-day. Most departments were busy. Gilt-edged securities continued very firm. German bonds were again strong, and several other foreign Government issues were marked up. Home industrials and banks were notably firm. DAIRY PRODUCE. Messrs Dalgety and Company Limited advise having received the following cablegram from their head office, London, dated 7th inst:—Messrs Samuel Page and Son report as follows: The butter and cheese markets are firm owing to light supplies. Quotations — Danish butter, 130 sto 1345; New Zealand finest butter, 100 s to 102 s; Australian finest unsalted butter, 110 s to 112 s; Australian finest 'salted butter, 101 s to 102 s; Australian cheese, white, 55s to 675; Australian cheese, coloured, not quoted; New Zealand cheese, white, 56s to 68s; New Zealand cheese, coloured, 55s to 675; Canadian cheese, white, 64s to 725; Canadian cheese, coloured, 64s to 695; Canadian cheese, c.i.f., not quoted. Light supplies were caused by the strike of the lightermen labourers. The strike is expected to end shortly. BANK OF ENGLAND RETURNS. Press Association—By Telegraph—Copyright. LONDON, January 7.

The proportion of reserves to liabilities is 24.60 per cent. Short loans are quoted at 4J per cent., three-month bills at 5 13-16 per cent. LONDON STOCK EXCHANGE. Press Association—-By Telegraph—Copyright.

FOREIGN EXCHANGES. (British Official Wireless.) Press Association—By Telegraph—Copyright

ISSUE DEPARTMENT. Note issue in circulation Banking department ... ,. £362,859,003 ... 32,890,683 £393,749,775 Government debt ... Other Government securities ... Other securities Silver coin Gold and silver bullion ... £11 015 100 ... 243,966,595 17,166,860 3,851,445 ... 120,749,775 £395,749,775 BANKING DEPARTMENT. Proprietors’ capital Rest Public deposits Other deposits (bankers) Other accounts Seven-day and other bills ... £14 553 000 3,481,814 ... 15,680,723 ... 81,823,788 ... 38,503,282 2,068 £154,044,675 Government securities Discounts and advances Other securities Notes in reserve Gold and silver coin ... £64,890,906 19,898,980 ... 35,789,497 ... 32,890,683 ... 574,630 £154,044,675

LONDON, January 7. The following are the latest quotations for Government securities Imperial Consols, p.c ... ;£55 5 0 War Joan, 5 p.c., 1929-47 96 15 0 Funding loan ... 85 10 0 Conversion loan, 3J p.c 75 0 0 Victory bonds, 4 p.c ... 90 15 0 Commonwealth 6 p.c., 1931-41 90 0 0 Commonwealth 5$ p.c., 1923-27 78 7 6 New Zealand 6 p.c., 3936-51 94 0 0 New Zealand 4 p.c. 1920 ...‘ ... 75 7 6 New Zealand 3£ p.c., 3940 74 5 0 New Zealand 3 pc.., 1945 64 0 0 New South Wales 6J p.c., 1930-40 88 0 0 New South Wales 6 p.c., 1930-40 84 0 0 New South Wales 5| p.c., 1923-32 81 0 0 New South Wales 4 p.c. 1933 81 0 0 New South Wales 3£ p.c., 1930-50 69 10 0 New South Wales 3 p.c., 1935 ... 56 0 0 Victoria p.c., 1931)40 79 10 0 Victoria 6 p.c., 1932-42 74 10 0 Victoria 4 p.c. 1940-60 68 0 fl Victoria 3£ p.c. 1929-49 ... ... ... 62 0 0 Victoria 3 p.c., 1929-40 ... ... ... 56 0 0 Queensland 6 p.c.. 1930-40 ... 84 0 0 Queensland 5 p,c.» 1940-60 73 0 0 Queensland 3 p.c., 1922-47 ... ... 50 0 0 South Australia 64 p.c., 1930-40 ... 86 10 0 South Australia 3$ p.c., 1939 65 0 0 South Australia 3 p.c., 1918 or after 44 10 0 West Australia 6 p.c., 1930-40 86 0 0 West Australia 3j p.c., 3920-35 ... 72 10 0 West Australia 3$ p c., 1915-35 ... 71 0 0 Tasmania 6$ p.c., 1930-40 ... ... 88 0 0 Tasmania 34 p.c.. 1920-40 63 0 0 Tasmania 3 p.c., 1920-40 ... 62 17 6

RUGBY, January 7. Jan. G. Jan. 7. Paris, franc to £\ 85 7-16 851 ,, Brussels, bclgas to £\ 24J 24 7-16 Oslo, kroner to £1 18J 18J Stockholm, kroner to ;£1 17 13-16 Copenhagen, kroner to £i 18* 581 Geneva, franc to £1 .. 17 3-16 17 7-16 Berlin, reichmarken to £1 141 14 5-16 Montreal, dollar to j£l 3.96 4,00 New York, dollar to ;£! 3.35J 3.39 Amsterdam, florin to £l 8.36 8-451 Milan, lire to £1 66 1-16 66| Prague, kroner to £1 1131 113 Vienna, schilling to £1 30 30 Helsingfors, marks to ;£1 230J 235 Madrid, peseta to £1 391 2621 40 3-16 Athens, drachmae to ;£1 260 Lisbon, escudo to £1 1091 109 J Bucharest, lei to ;£! • • 5t)3 565 Rio de Janeiro, pence to milreis 41 Buenos Aires, pence to pesos 401 40 9-16 Montevideo, pence to dollar 311 81} . Shanghai, pence to tael 23 11-lU b-lb Yokohama, pence to yen Hongkong, pence to dollar Bombay, pence to rupee m 181 17 7-16 18 7-64