COMMERCIAL

Evening Star, Issue 21711, 4 May 1934, Page 12

COMMERCIAL

• SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright. SYDNEY May 4. (Received May 4, at 2 p.m.) Bonds: 4 per cent. 1938, £lO5 I7s 6d; 1959. £lO7 2s 6d; Austral Gas (A), £8 3s Cel; Tooth’s. 455; Anthony Hordern. 16s; Associated News 26s 6d, pref. 25s 9d; Burns, Philp, 575; Dunlop Perdriau, 18s 9d ; Fairymead Sugar, 34s 6d; Henry Jones. 31s 6d; Howard Smith, 13s lOd: Millaquin Sugar, 30s 10Jd. LONDON STOCK EXCHANGE. Press Association—By Telegraph—Copyright. LONDON, May 3. (Received May 4, at II a.m.) The following are the latest quotations of Government securities:—

BANK OF ENGLAND RETURN. ‘ - \ Press Association—By Telegraph—Copyright. LONDON; May 3. (Received May 4, at 11.30 a.m.) The following is the Bank of England return:— ISSUE DEPARTMENT.

The proportion of reserves to liabilities is 15.90 per cent. Short loans are quoted at per cent.; three months’ bills at 15-16 per cent. ’ FOREIGN EXCHANGES. (British Official Wireless.) Press Association—By Telqgrapli—Copyright. RUGBY, May 3.: (Received May 4, at noon.) Paris, franc to £1 7713-32 New York, dollar to £1 5.12| Montreal, dollar to, £1 SilOf Brussels, belgas to £1 21.87 Geneva, franc to £1 15.75] Amsterdam, florin to £1 7.54 Milan. lire to £1 60 Berlin, reichmarken to £1 12.97 Stockholm, kroner to £1 19.40 Copenhagen, kroner to £1 ... ... 22.391 Oslo, kroner to £1 19.901 Vienna, schilling to £1 28 Prague, kroner to £1 122| Helsingfors marts to £1 226 J Madrid, peseta to £1 37 5.16 Lisbon, escudo to £1 no Athens drachmae to £1 530 Bucharest, lei to £1 510 Belgrade, dinars to £1 225 Warsaw, zlotys to £1 - 26.93 Rio de Janeiro, pence to milreis 43 Buenos Aires, pence to dollar ... 35] Montevideo, pence to dollar 38] Bombay, pence to rupee 18 3-32 Shanghai, pence to tael 143 Hongkong, pence to dollar 161 Yokohama, pence to yen 143 Batavia, florin to £1 750 RUBBER RESTRICTION. The secretary of the Dominion Rubber Co. Ltd. is in receipt of the following information in regard to rubber restriction: —ln June, no restriction ; in July, 10 per cent, restriction ; in August, 20 per cent, restriction ; in September, 30 per cent, restriction ; afterwards, as deemed necessary. DAIRY PRODUCE. Messrs Dalgety and Co. Ltd. have received the following cable from London dated May 3:— The butter and cheese markets are firm. Quotations: Danish butter, 80s to 82s; New Zealand finest butter, 71s to 735; Australian finest unsalted butter, 70s to 715.; salted, 70s to 71s; G.A.Q., 67s to 68s. Australian cheese —white not quoted, coloured not quoted; New Zealand cheese—white, 435: coloured, 42s to 42s 6d; Canadian —white. 50s to 565; coloured, 50s to 565; C.1.F.. not quoted. The following cable has been received from London by A. S. Paterson and Co.: —Butter : Market steady. New Zealand', 735; Australian, 71s; Danish, 61s. Cheese: Market steady. White, 435, 43s 6d; coloured, 42s 6d, 435. LONDON WOOL SALES. Messrs Murray, Roberts and Co. Ltd. have received the following wool market quotations from their London agents (Messrs Sanderson, Murray, and Elder Ltd.), dated May 3, with quotations at close of previous Series:—6o-645, New Zealand merino, yielding 48 per cent., none offering; 565, yielding 64 per cent., 14-Jd Cent., lOicl (lid) ; 44-46 s preparing, yielding 76 per cent.. 7-Jd (8d) ; 4446s carding, yielding 74 per cent., 7(6 (8d) ; 40-44, yielding 75 per cent., 6|d (7ld) ; 36-40 s, yielding 76 per cent., none offering (6£d): 46-48 s, mixed pre-

paring and carding, yielding 74 per cent., 7Jd (BJd) ; 48-50 s, mixed preparing and carding, yielding 72 per cent., 9d,(9|d). SALES ON ’CHANGE: THIS DAY. 6hristchurch. Guarantee Corporac tion, 4s 3d; New Zealand Breweries, 41s 8d (two) ; Tooth’s Brewery, 44s 9d; Beath and Co. (Is paid), 8s; Dunlop Rubber, 18s 9d (three); Mt. Lyell, 23s 8d; Bendigo Goldlights, 7d; Mahakipawa, 8d (five); Rawang Tin 9s Id, 9s 2d (four). Reported: Gear Meat (late sale yesterday), 27s 6d; Wilson’s Cement, 27s 3d; Central Shotover _(9d paid), 9d; Mining House Concessions (6d paid), s]d (two, late sales yesterday). Auckland.—Mataki, Is 7d ; Guarantee Corporation, 4s 2d ; Pukemiro, 24s ; Woohvorth’s (Sydney). 35s 9d: Bank of Now Zealand (Long D), 34s 4d ; Standard Insurance, 61s; Union Bank, £lO.

Consols, 2j per cent. £79 7 6 Funding Loan, 4, 1969-90 113 10 0 Assented War • .102 17 6 Conversion Loan, 34 103 10 0 Victory Bonds, 4 111 5 0 Commonwealth, 6, 1945-47 102 13 9 Commonwealth, 5, 1945-47 110 15 0 Commonwealth, 31,, 1936-37 101 7 6 Victoria, 3, 132940 95 0 0 Victoria, 3, > 1929-40 99 10 0 Victoria, 5, 1932-42 107 0 0 *Victoria, 4|, 1940-60 . 99 17 6 New South Wale*, 3, 19315 101 8 9 New South Wale*, 34, 19S0-50 99 11 3 Queensland, 5, Stock, redeemable 1940-60 107 10 0 Queensland, 3, 1922-47 96 0 0 New Zealand, 4|, 1945-57 107 5 0 New Zealand, 3j, 1940 101 17 6 New Zealand, 3, 1945 97 8 9 New Zealand, 6, 1936-51 ... .. 107 3 9 S. Australia, 34, 1939 102 0 0 S. Australia, 3, 1916, or after 86 0 0 Tasmania, 34, 1930-40 101 10 0 Tasmania, 3, 1910-40 99 2 6 W. Australia. 3, 1915-35 101 2 6 W. Australia, 6, 1930-40 100 15 3 *Ex Interest.

Note issue in circulation . £378.508,821 Banking department 72,724,369 £451,233,190 Government debt £11,015,100 Other Government Securities 244,371,414 Other securities ... 1,152,671 Silver coin 3,460,815 Gold coin and bullion ... ... 191,233,190 £451,233,190 BANKING DEPARTMENT. Proprietors’ capital ... £14,553,000 Rest 3,179,089 Public deposits ... 7,840,485 Other deposits (bankers) 116,210,757 Other accounts 36,297,482 Seven-day and other bills 6,300 £178,087,113 Government securities £89,329,209 Discount advances 5,345,808 Securities ... 9,778,850 Notes in reserve ... 72,724,369 Gold and silver coin 908,877 £178,087,113