COMMERCIAL

Evening Star, Issue 21723, 18 May 1934, Page 10

COMMERCIAL

LONDON STOCK EXCHANGE,

FOREIGN EXCHANGES. (British Official Wireless.) Press Association—-By Telegraph—Copyright. RUGBY, May 17. (Received May 18, at noon.) Paris, franc to £1 77 7-32 New York, dollar to £1 ■... ... 5.114 Moiitreal, dollar to £1 ... ... ... 5.101 Brussels, belgas to £1 21.82 Geneva, franc to £1 15.68 Amsterdam, florin to £1 7.52 Milan, lire to £1 60 Berlin, reichmarken to £1 12.90 Stockholm, kroner to £1 19.40 Copenhagen,' kroner to £1 22.39 j Oslo, kroner to £1 19.90 s Vienna, schilling to £1 28 Prague, kroner to £1 122 J Helsingfors, marks to £1 226 J 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, zlotys to £1 27 Rio de Janeiro, pence to milreis 4f Buenos Aires, pence to dollar ... 364 Montevideo, pence to dollars ... 38f .Bombay, pence to rupee 181-32 Shanghai, pence to tael 15j) Hongkong, pence to dollar 17), Yokohama, pence to yon 14f Batavia, florin to £1 7.49

BANK OF ENGLAND RETURN. Preig Association—By Telegraph—Copyright LONDON, May 17. (Received May 18, at 11.30 a.m.) The following is the Bank of England return:— ISSUE DEPARTMENT.

The proportion of reserves to liabilities is 50.10 per cent. Short loans are quoted at | per cent.; three months’ bills at 9-32 per cent. BUTTER PRICES. Messrs A. 8. Paterson and Co. Ltd. are in receipt of the following cable advice from their principals, Messrs J. and J. Lonsdale and Co. (London) Ltd.:—Butter: Market firm. New Zealand, 775, ,78s; Australian, 745, 755; Danish, 68s, f.0.b., landed cost 89s; Irish, 765, 775. WHEAT, FLOUR, ETC. Press Association—By Telegraph—Copyright LONDON, May 17. (Received May 18, at 12.5 p.m.) Wheat cargoes are slow and steadier. Parcels are steady. Manitobas are 3(1 to 6d dearer. Australians are tending lower. Futures;—London: June 18s Ofd, September 18s Bd, December 19s 2d. Liverpool: May 4s 4d, July 4s 5Jd, October 4s BJd, December 4s 9|d. The spot trade is quiet. Australian, ex ship, 23s 9d to 255. Flour is steady. Australian, ex store, 16s 6cl to 17s. Oats are slightly easier. Peas and beans are unchanged. r • AUSTRALIAN MARKETS. Press Association—By Telegraph—Copyright SYDNEY, May 17. Wheat: At country sidings—bulk, Is ll}d; bagged, 2s, which is equal to about 2s 7fd and 2s 7d, ex trucks, Sydney. Flour, £ll 10s. Bran, £4 ss. Pollard, £5. Potatoes: Tasmanian, £7 10s; Victorian, £6. Maize: Yellow, 3s; white, 3s 4d. Onions: Victorian Brown Spanish, £5 10s to £6. ADELAIDE, May 17. Wheat: Growers’ lots, 2s 4d. Flour: Bakers’ lots, £ll 10s. Bran, £5 ss. Pollard, £4 15s. Oats, 2s. Barley, 2s. MELBOURNE, May IS. (Received May 18, at 11.20 a.m.) Wheat, 2s 6Jd to 2s 6Jd. Flour, £7. Bran, £4 os. Pollard, £4 15s. Oats; Milling, 2s Id. Barley: English, 2s to 2s 9d. Maize, 3s 2d to 3s 3(1; sellers, to 3s 6d. Onions; Finn; £3 15s to £4,

SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, May 18. (Received May 18, at 1.55 p.m.) Sales. Bonds: 4 per cent., 1938, £lO7 -3s 9d; 1944, £lO7 10s; 1947, £109; 1955, £IOB 17s 6d; 1957, £lO7 ss. Commercial Bank of Sydney, £l7; National Bank (£5 paid), £6 10s; Bank of New South Wales, £32; Toohey’s, 28s 9d; Tooth’s, 45s 6d; Anthony Hordern, 16s; Associated News, 24s 3d (preference, 24s 7Jd); Broken Hill Proprietary, 46s 9d; Burns, Phil]), 555; Goldsbrough, Mort, 32s 6d; Meggitt’s, 22s 3d. SALES ON ’CHANGE: THIS DAY. Wellington.—King Solomon, 4s 4d; New Zealand 4 per cent. Stock (1940), £106; Bank of Australasia, £l2 2s 6d. Christchurch. —N.Z. Government 4 per cent. Inscribed Stock, 1946, £lO6 (3); N.Z. Government 4 per cent. Inscribed Stock, 1949, £106; Booth, Macdonald 6£ per cent., 1937, £66 ss, £66 10s; Australasian Paper and Pulp, 35s 3d; Golden Point. 4d (2); Nokomai, 3s (5). Auckland.—Mahakipawa, Is Mataki, 2s 2d, 2s Id; Kaiapoi Woollen (con.), 2s lOd; Grand Junction, 4s lOd; llawang, 9s Id; Dominion Fertiliser, 18s; Wilson’s Cement, 28s 3d; Bycrofts, 475; South British Insurance, 80s; E.S. and A. Bank, £5 8s; Auckland Harbour, 51- per cent. (1961), £IOB 10s.

LONDON, May 17. (Received May 18, at 11 a.m.j The following are the latest of Government securities:— quotations Consols per cent. £75 7 6 Funding Loan, 4, 1969-90 113 10 0 Assented 'War Loan .102 12 6 Loan, 5J ... 103 5 0 Victory Bonds, 4 ,. .111 10 0 Commonwealth, 6, 1945-47 101 12 6 Commonwealth, 5, 1945-47 ... ... 110 13 9 *Commonwealth, 1936-37 .101 0 0 Victoria, 3, , 1929-40 ... , 95 13 9 Victoria, 3, , 1929-40 ... 99 13 9 Victoria, 5, 1932-42 .106 17 6 Victoria, 4J,. 1940-60 New South .Wales, 5, 1935 ... 101 8 9 New South Wales, 1930-50 99 12 6 Queensland, 5, Stock, redeemable 1940-60 107 8 9 Queensland, 3, 1922-47 96 7 6 New Zealand,; 4|, 1945-57 107 12 6 New Zealand, 3|, 1940 New: Zealand, 3, 1945 101 17 0 97 17 6 New Zealand, 6, 1936-51 107 17 fi S. Australia, 3£, 1939 102 0 n 6. Australia,’ 3, 1916, or after ' 86 0 0 Tasmania, 3j,' 1930-40 101 12 6 Tasmania, 3, 1910-40 99 8 9 W. Australia, 3, 1915-35 101 5 0 W. Australia,. 6, 1930-40 *~Ex interest. 100 150

Note issue in circulation ... ... £378.442,751 Banking department ;.. 72,790,439 £451,233,190 Government debt ... £11,015,100 Other Government securities ... 244,294,863 Other securities 1,226,599 Silver coin 3,463,438 Gold coin and bullion ... 191,233,190 £451,233,190 BANKING DEPARTMENT. Proprietors’ capital ... £14,553,000 Rest ... 3,198,904 Public deposits ... 11,215,132 Other deposits (bankers) ... ... 99,928,490 Other accounts- • '... 35,482,364 Seven-day'and other bills ... 6,532 ■ ' £164,384,’422 Government securities ... £75,412,635 Discount . advances ... 5,320,588 Securities ... 10,047,780 Notes in reserve, ... 72,794,439 Gold and silver coin ... ... 812,980 £164,384,422