COMMERCIAL

Evening Star, Issue 21717, 11 May 1934, Page 12

COMMERCIAL

BANK OF ENGLAND RETURN. Press Association—By Telegraph—Copyright LONDON, May 10. (Received May 11, at 11.30 a.m.) The following is Uio Bank of England return:—

WHEAT, FLOUR, ETC. Press Association—By Telegraph—Copyright LONDON, May 10. (Received May 11, at 12.5 p.m.) Wheat; Cargoes are steady, sellers of Australians demanding an advance of 3d. Plates were a turn dearer. Canadians were unchanged. Parcels were fully steady. Futures—London: June, 17s lid; September, 18s 6d; December, 18s lid. Liverpool: May, 4s 4Jd; July, 4s fid; October, 4s Sd ; December. 4s 9d. The spot trade is slow'. Australian (ex ship), 23s and 23s 3d. Flour is quiet. Australian (ex store), 16s 3d to 17s Oats. Poor demand. Australian Algerian, 15s Gd to 16s; A Cartons, 18s fid to 19s fid. Peas: Slow. Blue Tasmanian, 2505; Maples, Tasmanian, 46s to 475; New Zealand. 43s to 455. New Zealand peas, 29s* to 30s. BULOLO SHAPES. Press Association—By Telegraph—Copyright. LONDON, May 10. (Received May 11, at 11 a.m.! Bulolo shares arc quoted at £6 7s fid. MOUNT LYELL. Press Association—By Telegraph—Copyright LONDON. May 10. (Received May 11, at 11.30 a.m.) Mount Lyell shares are quoted at 19s 3d.’ P. AND 0. SHARES. Press Association—By Telegraph—Copyright LONDON, May 10. (Received May 11, at 11 a.m.) P. and O. shares are quoted at 16s Hid. NEW GUINEA SHARES. Press Association—By Telegraph—Copyright LONDON, May 10. (Received May 11, at 11 a.m.) New Guinea shares are quoted at 6s Id.

AUSTRALIAN MARKETS. Press Association—By Telegraph—Copyright SYDNEY, May 10. Wheat has a firmer tone, clue to the improvement of overseas markets. Quotations at country sidings were 2s a bushel for both bagged and bulk, which is equal to about 2s 7d and 2s 8d respectively, ex trucks, Sydney. Flour, £ll 10s. Bran, £4 ss. Pollard, £5. Potatoes: Tasmanian, £7 10s; Victorian, £6. Onions: Brown Spanish, £6 to £6 10s. • .Maize, 3s. ADELAIDE, May 10. Wheat; Growers’ Jots, 2s 4d. Flour: Bakers’ lots, £ll 10s. Bran, £5. Pollard, £4 15s. Oats: Algerian, 2s, Barley, 2s. MELBOURNE, May 11. (Received May 11, at 1 p.m.) ! Wheat: Firmer; 2s 6sd to 3s 6Jd. | Flour: Quiet; £7. Bran, £4 ss. Pollard, £4 15s. Oats: Milling, 2s 3d to 2s 4d. Barley: English malting, 2s 6d to 2s 9d. Maize: Poor demand; 3s 5d to 3s 6d. Onions: Quiet, steady; Brown Spanish, £3 10s to £3 15s. SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, May 11. (Received May 11, at 1.20 p.m.) Sales on ’Change: Bonds, 4 per cent., 1938, £lO6 15s; 1944, £IOB ss; 1959, £IOB 15s 3d ; -1961, £lO9 2s 6d; Anthony Hordern, 16s 7ld; Associated News, 24s 6d; British Tobacco, 37s Burns, Philp So> f ith Sea, 25s 3d; Goldsbrougb, Mort, 345; Howard Smith, 14s 3d. SALES ON ’CHANGE; THIS DAY. Auckland.—Mahakipawa, Is; Gillespie’s Beach, 2s; Commercial Bank, 16s lid; Dunlop, 18s lOd; Devonport Ferry, 225; Electrolytic Zinc, 26s 6d; Auckland Gas, 25s 8d; Bycroft’s, 47s 6d;’ South British Insurance, 79s 6d; 1 City ; 5J per cent. Loan (1957), £107; New Zealand Stock (1940), £lO5 2s 6d. Wellington.—4 per cent. Stock (1940), £lO5 2s 6d; Union Bank, £10; South British Insurance, 79s 6d; Colonial Sugar, £64 ss; Mahikipawa, Is, Is OJd; Nokomai, 3s Ojd, 3s 1-Jd.' Christchurch.—Commercial Bank of Australia, 16s 9d (3); Dominion Fertiliser, 17s lOd, 18s (2) ; Henry Jones Cooperative (cum div.), 325; New Zealand Farmers’ Co-operative (4i per cent, stock, 1940), £7B 10s; Mahakipawa, Is, Is Old; Mahakipawa (pref.), Is 7d, Is 8d (2); Mount Lyell, 23s 3d; Rawang Tin, 9s; Skippers Ltd. (Is paid), lOjd. Reported: Nokomai (late sale on the 10th), 2s lid; Nokomai, 2s lid; Skippers Ltd. (Is paid), lid (late sale on the 10th).

ISSUE DEPARTMENT. Note issue in circulation ... . . £378,789,448 Banking department . 72,443,742 £151,233,190 Government debt ... ... £11,015,100 Other Government securities ... 244,517,542 Other securities ... 1,002,489 Silver coin ••• ... 3,464,869 Gold coin and bullion ... 191,233,190 £451,233,190 i BANKING DEPARTMENT. Proprietors’ capital ... £14,553.000 Rost ... 3,195,658 Public deposits ... ... 7,480,210 Other deposits (bankers) ... ... 109,057,567\ Other accounts ... 35,931,777 v Seven-day and other bills ... : 6,532 £170,224,744 Government securities ... £81,457,635 ... 5,329,699 Discount advances Securities ... ... 10,141,596 Notes'in -reserve ... 72,443,742 Gold and silver coin 852,072 £170,224,744 The proportion of reserves to liabilities is 48.00 per cent. Short loan are quoted at J per cent.; three months’ bills at 29-32 percent. FOREIGN EXCHANGES. (British Official Wireless.) Press Association—By Telegraph—Copyright. ■ RUGBY, May 10. (Received May 11, at noon.) Paris, franc to £1 ... 77 9-32 New York, .dollar to SI ... S.lli Montreal, dollar to £X ... S.lOiBruusls, belgas to £1 ... 21.84i Geneva, franc to £1 ... 15.73; Amsterdam, florin to £1 ... 7.53 Milan, lire to £1 ... 59 31-32 Berlin, reichmarken to SI ... ... 12.901 Stockholm, kroner to £1 ... 19.40 Copenhagen, kroner to £1 ... ... 22.39; Oslo, kroner to £1 ... ... ... ... 19.19; . Vienna, schilling to £1 ••• 28 Prague, kroner to £1 ... 122; Helsingfors, marks to £1 ... ... 226} Madrid, peseta to £1 ... ... .. 37 5-16 Lisbon, escudo to £1 , ... 110 Athens, drachmae to £1 ... 530 Bucharest, lei to £1 ... 510 Belgrade, dinars to £1 ... 225 Warsaw, zlotve to £1 ... -... ... 27 Rio de Janeiro, pence to miireis 4} Buenos Airee, pence to dollar ... obj Montevideo, pence to dollar Bombay, pence to rupee ! 38* ... 18 3-32 : Shanghai, fienco to tael ... 15£ Hongkong, pence to dollar ... ... 17 5-16 Yokohama, pence to yen ... ... 14} Batavia, florin to £1 ... 7.50 LONDON STOCK EXCHANGE. LONDON, May 10. (Keceived May 11, at 11 a.m.) The following are the latest quotations oi Government securities:— Consols 2; per cent. £79 0 0 Funding lioan, 4, 1969-90 ... ,,, Xl3 lU U Assented War Loan ...■102 16 U Conversion Loan, 3£ ... 103 5 U Victory Bonds, 4 .. Ill 10 0 Commonwealth, 6, 194-6*47 ... ... 102 12 6 Commonwealth, 5, 1945*47 ... ... 110 15 U Commonwealth, 3J,, 1936-37 ... 101 12 6 Victoria, 3, 1929-40 ... 95 5 0 Victoria, 3, 1929-40 ... 99 8 9 Victoria, 5, 1952-4-2 ... ...’ ... .. 106 17 6 Victoria, 4}, 1940-60 ... ... ... New South Wales, 5, 1935 101 10 0 New South • Wales, 3i, 1950-50 99 12 6 Queensland, 5, Stock, redeemable 1940-60 .. 107 8 9 Queensland, 3, 1922-47 ... 98 1 3 New Zealand, 4J,, 1945-57 ... ....107 1 3 New Zealand, 3£, 194u ... 102 0 0 New Zealand, 3, 1946 ... ... 97 15 9 - New Zealand, 6, 1936-51 ... ... 107 2 6 S, Australia, 34, 1939 ... 102 0 0 S. Australia, 3. L916, or after 86 0 0 Tasmania, 3j, 193U-4U . 101 13 9 Tasmania, 3, 1910-40 99 0 0 W. Australia,, 3,1915-35 W. Australia, 6, 1930-40 ... ... 101 1 3 ... 100 17 6