COMMERCIAL

Evening Star, Issue 21819, 7 September 1934, Page 10

COMMERCIAL

LONDON STOCK EXCHANGE. '' Press Association—By Telegraph—Copyright. LONDON, September 6. (Received September 7, at 11 a.m.) The following are the latest quotations ■ of Government securities: —

BANK OF ENGLAND RETURN. . press Association—By Telegraph—Copyright LONDON/ September 6. (Received September 7, at 11 a.m.) The following is the Bank of England Mtum : ISSUE DEPARTMENT. Note isaue circulation ... £381,283,577 Banking department .... 70,478,635 £451,762,212 Government debt £11,015,100 Other Government securities ... 245,447,712 Other securities .. .278,015 Silver coin ... ... 3,259,173 Gold coin and bullion ... 191,762,212 £451,762,212 BANKING DEPARTMENT. Proprietors capital ... £14,553,000 Best I. ... ... 3,702,260 Public deposits 29,635,051 Other deposits (bankers) ... ... 88,946,917 • Other accounts ... ■ ... ... ... 36,930,438 Seven-day and other bills ... 5,070 £173,772,736 Government securities £85,029,164 Discount advances 6,935,180 Securities 10,763,506 Notes in reserve ( 70,478,635 Gold and silver coin ... 566,251 £173,772,736 . The proportion of reserves to liabilities is 45.60 per cent. Short loans are quoted at 7-8 per' cent.; three months’ bills at J per cent. FOREIGN EXCHANGES. (British Official Wireless.) Press Association—By Telegraph—Copyright. ■.{ RUGBY, September 6. (Received September 7, at 1.30 p.m.) Paris, franc to £1 74 13-16 New York, dollar to £1 ... ... 4.99 5-8 Montreal, dollar to £1 ... ... ... 4.87 Brussels, bolgas to £1 21.04 Geneva, franc to £1 ... .15.13 Amsterdam, florin to £1 7.29 Milan, lire to £1 ... ... 57 17-32 Berlin, reichmarken to £1 ... ...12.51 > Stockholm, kroner to £1 ... ... < Copenhagen, kroner to £1 ... ... 22.40 Oslo, kroner to" £1 19.90£ Vienna, schilling to £1 ... 26£ Prague, kroner to £1 118 3-3 Helsingfors, marks to £1 ... /.. 226 J Madrid, peseta to £1 ... ... ... 36 1-8 Lisbon, escudo to £1 110 1-8 Athens, drachmae to £1 ... ... 515 Bucharest, lei to £1 492 Belgrade, dinars to £1 ... ... ... Warsaw, zlotys to £1 26.18 Rio da Janeiro, pence to milreis 44 Buenos Aire*, pence to dollar ... 36$ Montevideo, pence to dollar ... 39 3-8 Bombay, pence to rupee 18 1-16 Shanghai, pence to tael 17 1-8 Hongkong, pence to dollar 18 3-16 Yokohama, pence to yen 14 3-8 Batavia, florin to £1 7.27 SUCCESSFUL TRADING YEAR. [Put United Press Association.] INVERCARGILL, September 7. The annual report of the Southland Farmers’ Co-operative Association shows a successful trading year, the profit amounting' to nearly £6,000, apart from which fairly substantial amounts have been reserved against possible losses on current accounts. A dividend of 7 per cent, was declared. SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, September 7. (Received September 7, at 2 p.m.) Bonds: 4 per cent. 1947, £lO9 12s 6d; 1950, £,IOB 2s 6dj 1958, £IOB 17s 6d. Shares: Commercial Bank of Sydney, £l7 16s; Bank of New South Wales, £32 2s 6d: Toohey’s, 28s 3d; British Tobacco, 37s 9d. . WHEAT, FLOUR, ETC. Press Association—By Telegraph—Copyright. LONDON, September 6. (Received September 7, at 1.30 p.m.) ■ Wheat cargoes are steadier. Parcels are firmer. Futures: London—September 23s Id, December 255, February 25s lOd; Liverpool—October 5s B|d, December 6a osd, March 6s 2Jd, May 6s 3Jd. The spot trade is quiet. Australian, ex ship, 30s to 31s. Flour is firm. Australian, ex store, 31a to 22a. Oats are firmer, A Gartons, 20s to . 21s. Peas are dull. Blue Tasmanian, 245 s to 2505. Maples, Tasmanian, 53s to 545; New Zealand, 50s to 52s 6d. Beans are quiet. New Zealand, 32s to 335. SALES ON ’CHANGE: THIS DAY. Auckland.—Golden Dawn, 2s Id; Mataki, 2s 7d; Westport Stockton, 3s sd; Nokomai, 3s lOd; Commercial Bank, 16s; Kauri Timber, 18s 2d; Mount Lyell, 20s 3d; Gas, 26s sd; Waihi, 335; Burns, Philp, 645; stock (4 per cent.), £IOB 2s 6d. Wellington.—New Zealand Breweries, 47s 4d, 47s 6d; Dominion Fertiliser, 20s 2d. Christchurch.—Commercial Bank of Australia, 16s Id (2); Reserve Bank, £6 9s (4) ; Tooth’s Brewery, 45s 6d; Broken Hill Proprietary, 49s 9d, 49s 8d; Mining House Concessions (9d paid), 4Jd; Nokomai, 3s lOd (2); Waitahu, 4s 4d; Worksop Extended, Is lid. Reported: King Solomon (cum div.), 4s 2J<L

DAIRY PRODUCE. Messrs Dalgety and Company Ltd. have received the following cable from London-dated September 6: The butter market is quiet. The cheese market is slow. Quotations :—Danish butter, lOSs: New Zealand finest butter, 77s to 795; Australian finest unsalted butter, 76s to 795; Australian finest salted butter, 74s to 765; Australian g.a.q., 71s to 725; Australian cheese, white, not quoted; Australian cheese, coloured, not quoted; New Zealand cheese, white, 48s 6d; New Zealand cheese, coloured, 45s 6d; Canadian cheese, white, 48s to 625; Canadian cheese, coloured, 48s to 525; Canadian cheese, c.i.f., not quoted. NEW GUINEA GOLD SHARES. Press Association—By Telegraph—Copyright. LONDON, September 6. (Received September 7, at 11 a.m.) New Guinea Gold shares are quoted at 5s 9Jd. P. AND 0. SHARES. LONDON, September 6. (Received September 7, at 11 a.m.) P. and 0. shares are quoted at 15s 5Jd. MOUNT LYELL. LONDON, September 6. (Received September 7, at 11 a.m.) Mount Lyell shares are quoted at 16s 3d.

* Consols, 2i per cent £80 5 0 Funding Loan, 4, 1969-90 116 0 0 War Loan, 3£ 105 0 0 Conversion Loan, 3£ 104 0 0 Victory Bonds, 4 112 12 6 Commonwealth, 5, 1945-75 108 b 0 Commonwealth, 5, 1935-45 102 8 9 Commonwealth, 4, 1943-48 \ 102 10 0 ♦Commonwealth, 3J, 1948-53 100 13 9 Commonwealth, 31, 1936-37 102 i 3 ♦New South Wales, 3, 1935 ... 100 16 3 New South Wales, 3*. 1930-50 ... 97 12 6 New South Wales, 4|, 1935-45 ... 101 8 9 ♦Now South Wales, 5, 1935-55 101 7 6 Victoria, 3, 1929-49 92 15 0 Victoria, 4j, 1940-60 104 0 0 Victoria, -5, 1945-75 107 12 6 Queensland, 3, 1922-47 93 13 9 ♦Queensland, 5, 1940-60 104 16 3 South Australia, 3, 1916 (opt.) 82 7 6 South Australia, 5, 1945-75 107 15 0 West Australia, 3, 1915-35 101 12 6 West Australia, 4, 1942-62 101 1 3 Tasmania, 3£, 1920-40 101 0 0 Tasmania, 4, 1940-50 100 17 6 New Zealand, 4£, 1948-58 107 13 9 New Zealand, 3j, 1940 102 0 0 ♦New Zealand, 3, 1945 97 17 6 New Zealand, 6, 1936-51 106 2 6 ♦Ex-interest.