COMMERCIAL

Evening Star, Issue 21879, 16 November 1934, Page 14

COMMERCIAL

FOREIGN EXCHANGES. (British Official Wireless.) Press Association—By Telegraph—Copyright RUGBY, November 15. (Received November 16. at noon.) Paris, franc to £1 75i New York, dollar to £1 Montreal, dollar to £1 ... 4.861 Brussels, belgas to £1 21.39$ Geneva, franc to £1 15.37 j Amsterdam, florin to £1 ... ...7.39 Milan, lire to £1 .... ... SBJ Berlin, reichmarken to £1 ... ... 12.42$ Stockholm, kroner to £1 ... ...19.39$ Copenhagen,' kroner to £1 22.40 Oslo, kroner to £1 ... 19.90$ Vienna, schilling to £1 ■■ 27 Prague, kroner to £1 119| Helsingfors, marks to £1 226$ Madrid, peseta to £1 ... 36| Lisbon, escudo to £1 ... 110$ Athens, drachmae to £1 523 Bucharest, lei to £1 497 Belgrade, dinars to £1 220 Warsaw, zlotys to £1 ... .... ... 26.45 Rio da Janeiro, pence to milreis4s Buenos Aires, pence to dollar ...36$ Montevideo, pence to dollar ... 39 1-16 Bombay, pence to rupee 181-16 Shanghai, pence to tael 18$ Hongkong, pence to dollar 20 1-16 Yokohama, pence to yen ... ... 14 1-64 Batavia, florin to £1 7.39 BANK OF ENGLAND RETURN. Press Association—By Telegraph—Copyright. < ' LONDON, November 15. (Received November 16, at 10 a.m.) The following is the Bank of England return:— ; ISSUE DEPARTMENT. Note issue circulation £378,875,640 Banking department ... 73,174,690 £452,050,330 Government debt ... ... ... £11,015,100 •Other Government securities ... 245,890,145 Other securities ... 199,999 Silver coin 2,894,756 Gold coin and bullion 192,050,330 £452,050,330 BANKING DEPARTMENT. Proprietors’ capital ' ... £14,553,000 Rest 3,205,655 Public deposits 20,930,142 Other deposits (bankers) 97,876,448 Other accounts 36,764,713 Seven-day and other bills ... 5,040 £173,334,998 Government securities £79"051,413 Discount advances 9,653,569 Other securities ..; ... 10,887,298 Notes in reserve 73,174,690 Gold and silver coin ... 588,008 £173.334,998 The proportion of reserves to liabilities is 47.40 per cent. Short loans are quoted at j per cent.; three months’ bills at 13-32 per cent. LONDON STOCK EXCHANGE. Association—By Telegraph—Copyright LONDON, November 15. (Received November 16, at 11.30 a.m.) The following are Wednesday’s quotations 'of - Government securities: —

WHEAT, FLOUR, ETO. Press Association —By Telegraph—Copyright LONDON, November 15. (Received November 16, ajfc 1 p.m.) For wheat cargoes the demand is quiet and lower. Parcels are in poor demand, mostly 3d down. Futures London; December, 19s 6d; February, 20s lid; April, 21s sd. Liverpool: December, 4s 9jd; March, 5s 2fd; May. 5s 4Jd. The spot trade is slow. Australian, ex-ship, 265. Flour is quiet. Australian, ex-store, 20s to 20s 3d. Oats are in small demand. A Gartons, 20s to 20s 6d. Peas are dull. Blue Tasmanian, 220 s to 2305. Maples, Tasmanian, 53s to 545; New Zealand, 46s to 525. Beans aro quiet. New Zealand, 32s to 335. LONDON STOCK MARKET. (British Official Wireless.) Press Association —By Telegraph—Copyright. RUGBY, November 15. (Received November 16, at noon.) There were further big movements in the quotations of gilt-edged securities on the stock market to-day. Old consols, 2i per cents, reached £92, the highest for thirty years. War Loan, 3i per cent., touched £lO9 2s 6cl. The markets closed with prices well under the best, with war loan at £IOB 7s 6d and consols at £9l ss. LOAN AND MERCANTILE DIVIDEND. Press Association—By Telegraph—Copyright LONDON, November 15. (Received November 16, at 11.50 a.m.) The New Zealand Loan and Mercantile Company has declared a dividend of 5 per cent, on the cumulative preference shares for the year ending June 30, 1931. NEW GUINEA GOLD SHARES. Press Association—By Telegraph—Copyright LONDON, November 15. (Received November 16, at 11 a.m.) New Guinea Gold shares are quoted at 5s IJd.

P. AND O. SHARES. Press Association—By Telegraph—Copyright. LONDON, November 15. (Received November 16, at 1 p.m.) P. and O. shares are quoted at 17s. MOUNT LYELL. Press Association —By Telegraph—Copyright. LONDON, November 15. (Received November 16, at 1 p.m.) Mount Lyell shares are quoted at 13s 9d. PRICE OF GOLD. Press Association—By Telegraph—Copyright. LONDON, November 15. (Received November 16, a.t 11 a.m.) Fine gold is quoted at £6 19s 4ld per ok. DOLLAR AND FRANC. Press Association—By Telegraph—Copyright LONDON, November 15. November 16, at 11 a.m.) The dollar is quoted at 4.99$ and the franc at 75§. SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright. SYDNEY, November 16. (Received November 16, at 2.5 p.m.) Bonds: 4 per cent., 1938, £lO7 ss. Shares: Commrecial Bank of Sydney, £lB Is; National Bank (£lO paid), £lO 10s; Bank of New South Wales, £32 17s 6d: Associated News, 26s (pref., 25s 4Jd) ; British Tobacco, 41s 9d; Burns, Philp (ex div.), 68s 6d; Colonial Sugar, £75 17s 6d. SALES ON ’CHANGE: THIS DAY. Christchurch. National Bank of Australasia (£5 paid, cum div.), £6 4s 6d; New Zealand Refrigerating (10s paid), 10s Id; Westport Coal (cum div.), 19s 9d (3); Timaru Brewery (7s 6d paid), 7s 9d (5); Australian Glass (cum div.), 58s, 58s 6d; British Tobacco, 41s 3d, 41s ,4d (2); Electrolytic Zinc (pref.), 34s 9d (2) ; New Zealand Farmers’ Co-op. (4$ per cent, stock, 1940), £B7; Woolworth’s (New Zealand, pref.), 40s 6d; Bell-Hooper, 4sd; Brian Boru, 9Jd; Golden Sands, 2s Bsd; Maei-ewhenua, 41d; Nokomai, 3s 4d; Waihi Grand Junction, 4s 7d; Worksop Extended, 3s 3d (3). Reported: British Tobacco, 41s 5d (2), 41s 6d. Auckland.—Kawang, 7s 6d; Gas, 27s lOd; British Tobacco, 41s 6d; Bank of New Zealand, 49s 9d; New Zealand Insurance, 70s; Reserve Bank, £6 12s 6d; Colonial Sugar, £74 7s 6d; Stocks (3s) £IOB, (4’s, 1940) £lO3 15s. Wellington.—Reported: Nevis-Diesel, 4Jd; National Bank of New Zealand. 72s 6d; Reserve Bank, £6 12s 3d. Sales: Kauri Timber (cum div.), 18* 10$d, 19s.

Consols, 24 per cent £92 0 0 Funding Loan, 4, 1969-90 ... ... 121 0 0 War Loan, 34 ... ... 108 5 0 Conversion Loan, 34 ... ... ... 110 10 0 Victory ! Bonds, 4 ... ■ ... ... ... 119 ,15 0 Commonwealth, 5, 1935-45 ... ... 101 15 3 Commonwealth, 5. 1945-75 115 15 0 Commonwealth, 5j, ■ 1936-37 ■ ... 103 12 105 5 106 7 103 5 103 10 103 12 99 15 108 12 115 10 110 2 109 10 6 Commonwealth, 4, 1943-48 Commonwealth, 34, 1948-53 New South Wales, 3, 1935 New South Wales, 34, 1950-50 ... New South Wales, 44, 1935-45 ... New South Wales, 5, 1935-55 ... Victoria, 3, 1929-49 Victoria, 4J, 1940-60-Victoria, 5, 1945-75 0 6 0 0 6 0 6 0 6 0 Queensland, 3, 1922-47 110 2 6 Queensland, 5, 1940-60 109 10 0 South Australia, 3, 1916 (opt.) 91 10 0 South Australia, 5, 1945-75 115 6 3 West Australia, 3, 1915-35 101 2 6 West Australia, 4, 1942-62 104 15 3 Tasmania, 34, 1920-40 103 10 0 Tasmania, 4, 1940-50 104 17 6 New Zealand, 44, 1948-58 111 15 0 New Zealand, 34, 1940 105 2 6 New Zealand, 3, 1945 110 15 0 New Zealand, 6, 1935-51 107 18 9