COMMERCIAL

Evening Star, Issue 21623, 19 January 1934, Page 12

COMMERCIAL

GOVERNMENT SECURITIES, : Press Association—By Telegraph—Copyright, , LONDON, January 18. (Received January 19, at noon.) The following table gives quotations' forj '

FOREIGN EXCHANGES. (British Official Wireless.)' Press Association—By Telegraph—Copyright, RUGBY, January 18. . (Received January 19, at noon.). Paris, franc to £1 ... ... ... ... 79|• New York, dollar to £1 ... ... 4.95 Montreal, dollar to £1 ... : J. .../ S.'OOf Brussels, helgas to £1 ... ... 22.42 Geneva, franc to £1 ... ... \ 16.15 Amsterdam, florin to £1 ... ... 7.77 Milan, lire to £1 ... ... ... ... 599-16 Berlin, reichinarken to £1 ... ... 13.15 Stockholm, kroner to £1 ... ... 19.39 J Copenhagen, t kroner to £1 , 22.40 Oslo, kroner to £1... : ... 19.90. •Vienna, schilling to-£1 - 295-'.* Prague, kroner to £1 ... 105 i Helsingfors, ; marks to £1 1 >,,* -... 226£ Madrid, peseta to £1 37J Lisbon, escudo to £1 ... ... ... 110 Athens, drachmae to £1 552£ Bucharest, lei to £1 ... ... 530 • Belgrade, dinars to £1 ... ... ... 232 Warsaw, zlotys to £1 27.93 Rio de Janeiro, pence to milreis 41 BuenoS Aires, pence to dollar ... 37J "•Montevideo, pence to dollar ... 37 • Bombay, pence to rupee ... • 18 1-16 Shanghai, pence to tael \.. ■ ... 16 5-16 Hongkong, pence to dollar ... ... . .18 Yokohama, pence to yen .... ... 1411-32 Batavia, florin to’ £1 ... ... ... , 772 •Official. BANK OF ENGLAND RETURN. Press Association—By Telegraph—Copyright* LONDON, January 18. . (Received January 19, at noon.) - The following is . the Bank of England return:— . ; ; ISSUE DEPARTMENT, v :

The proportion of reserves, to , liabilities is 50.00 per cent. Short loans hre quoted ’ at i per cent.; three-months’ bills'at.l per. cent. ’ ' SYDNEY WOOL PRICES. Press t Association-r-By Telegraph—Copyright* •, SYDNEY, January. 19. (Received January 19, at 1 p.m.)' Prices current are:—Greasy extra!super, merino, 39id.i Greasy merino: Best, 27 Jd to 28Jd; good, 25Jd to.. 26Jd; average, 23Jd. to 24Jd. Ditto slight seed: Best, 24Jd to 25id; good,. 22Jd to 23}d; average, 20d to 21d.r Ditto Burry: Best, 21d to 22d; average, 19d to 20d; inferior, 17d-to 18d.Lambs: Best, to 24Jd. Comebacks, to 27jd. , _____ - NEW YORK MARKETS. Press Association—By Telegraph—Copyright^ NEW YORK, January 18..: r (Received January 19, at 1 p.m.)\ . A sharp drop in sterling was the feature of the market news to-dayj Sterling was quoted at 4.95 .at midday. . Trading was off , 8 cents. The franc was also stronger in renewed faith in the dollar. Commodities and Stock Exchange prices for Government bonds all turned weak on a reduced volume of trading. WHEAT, FLOUR, ETC. Press Association—By Telegraph—Copyright* LONDON, January 18. (Received January 19, at 12.55 p.m.)] Wheat cargoes opened steady, and closed quieter. Parcels'are steady and slightly dearer. Futures: London— February and April,; 19s Id; June, 19s 4d. Liverpool—March, 4s 6d; May, 4s 7d; July, 4s Bd. The spot trade is quietly firm. Australian, ex ship, 23s 9d to 245, _ Flour ds, firmly held. Australian, ex; store, 17s to 18s. . Oats are occasionally 6d dearer.- Pea*., and beans are steady. SALES ON ’CHANGE.—THIS DAY. Auckland.—Gear Meat, 245; .Mdunii Lyell, 24s 6d; Electrolytic' Zinc (ord.), 275; Wilson’s Cement, : 27s 8d; Standard Insurance, 61s: Dalgety’s, £lO 11s; Bonds, 4 per cent., £lO2 15s (1946); Stock (1955), £lOl 2s 6d. - ' Christchurch; —Commercial Bank of Australia ( cum div.), 18s 6d; New. Zealand Refrigerating (10s paid, cum,' div,), 9s 2d (2); Timaru Brewery (7i, 6d paid), 6s (6), 6s Id (2): King Solomon, 3s 7Jd, 3s 8d (2); Waitahu, 6s 6d,i 6s 7d, 6s 6d. Reported: Commercial' Bank of Sydney, £lB 12s, £lB 11s (2); * Bank of. New South Wales, £35 2s 6d; Westport Coal, 14s 9d. Wellington.—E. S. : and A, Bank, £5 15s. £5 15s 6d; 3J per cent., Stock (1939-43), £lOl 15s;- Grand Junction, 4s 9d ;< Bulolo, £7, £7 2s 6d; Staples’* Brewery,'29s; Waihi, 30s. ,

Consols and colonial inscribed stock:— Consols, per cent. ... £75 10 0 Funding Loan, 4, 1960-90 112 0 0 War' Loan, 3i, 1929-47 101 5 0 Conversion Loan, 3£ ... ... ... 102 2 6 Victory Bonds, 4 ... ... ... 110 18 9 Commonwealth, 6, 1945-75 ... ... 108 12 6 Commonwealth, 3i, 1936-37 100 2 6 Victoria, 3, 192949 ... 91 5 0 Victoria, 3k 1929-49' 97 10. 0 Victoria, Si, 1930-40.,, ... ... ... 102 0 0 Victoria, 5, 193242 ... 101 16 3 New South Wales, 3, 1935 ... 101 1 3 New South Wales, 3i, 1930-50 96 5 0 Queensland, 5, 1940-60 ... ;.. ... 107 10 0 Queensland,- 3, 192247 . ... 91 8 9 New Zealand, 4i,' 1948-58 105 12 6 New Zealand, 3i, 1940 ... ... 101 3 3 New Zealand, 3,. 1945 ... 96 0 0; New Zealand, 6, 1936-51 ... ... 105 10 5! S. Australia, 3i, 1939 ; . ... 101 2 S. Australia, 3, 1916, or after 79 15 0* Tasmania, 3i, 192040 ... ....... 101 1. 3 Tasmania, 3, 1920-40 ... ... ...' ' 98 0 oi W. Australia, 3i, 1920-35 ... ... 101 2 6 W. Australia, 3, 1915-35 ... 100 12 6

Note issue circulation ... £365,837,944 Banking department ... '... ... . 84,979,715 £450,817,659 Government debt ... ... ... £11,015,100 Other Government Securities ... 245,318,896' Other securities ... ... ... ... 123,368 Silver coin ...‘ ... ... ... 3,542,636 Gold coin and bullion ... 190,817.659 £450,817,659 BANKING DEPARTMENT. Proprietors’ capital ,... ... ... £14,553,000 Rest ... ... ...3,534,202 Public deposits ... ... 19,366,162 Other deposits'(bankers) ... ... 114,981,103 Other* accounts ■.; ... 37,107;724 Seven-day and other bills ... 1.390 £189,543,586 Government 'securities ... £81,770,807 Discounts and advances ... ... 8,268.075 Other securities ... .... ... ... 13,656,495 Notes and reserves ... ... ... 84,979,715 Gold and silver coin ... ... ... 868,494 , £189,543,586-