LATE COMMERCIAL

Evening Star, Issue 21891, 30 November 1934, Page 12

LATE COMMERCIAL

LONDON WOOL SALES RESENT RATES MAINTAINED Vtsm Association—By Telegraph—Copyright. LONDON, November 29. (Received November 30, at 12.5 p.m.) At the wool sales 7,665 bales were offered, including 1,761 from New Zealand. Altogether 6 814 bales of Australian and New Zealand were sold. The offering included a selection of greasy merinos and cross-breds. mere was keen Home and Continental competition, and full recent rates were maintained. New Zealand greasy crossbred, “ Arakihi,” top price 9Jd average 8d: scoured quarter-bred. D/JN, 21d. - • Messrs Dalgety and Co. have received the following cable from London;—The butter market has rather more inquiry this end of week. The cheese market it slow: —Quotations: —Danish butter, 116 s; New Zealand finest butter, 70s to 735: Australian finest unsalted butter, 70s to 735; Australian finest salted butter, 70s to 71s; Australian G.A.Q., 67s to 68s. Australian cheese—white, not quoted; coloured, not quoted; New Zealand' cheese —white, 46s to . 475; coloured, 45s to 465; Canadian —white, 83s to 555; coloured, 52s to 555; c.i.f., not quoted. BRISBANE AUCTIONS BRISBANE, November 30. (Received November 30, at 11 a.m.) The wool sales closed with a very animated market, and compared with earlier sales the market was very firm, any change being in sellers’ favour. Greasy sold to 16Jd and scoured to 25)d. BRADFORD MARKET Press Association —By Telegraph—Copyright LONDON, November 29. (Received November 30, at noon.) At Bradford there is moderate business. Quotations: Seventies. 27)d; sixty-fours, 25d; sixties, 235; fifty-sixes, 18)d; fifties, 14d; forty-sixes, 10|d; forties, 9Jd.

FOREIGN EXCHANGES (British Official Wireless.) Press Association—By Telegraph—Copyright RUGBY, November 29. (Received November 30, at noon.) Paris, franc to £1 75 19-32 New York, dollar to £1 4.98 5-32 Montreal, dollar to £1 4.86 Brussels, beiges to £1 ... 21.36 Geneva, franc to £1 15.36) Amsterdam, florin to £1 7.37 Milan, lire to £1 58| Berlin, reichmarken to £1 12.48 Stockholm, kroner to £1 19.39) Copenhagen, kroner to £1 22.391 Oslo, kroner to £1 19.00) Vienna, schilling to £1 27 Prague, kroner to £1 119 3-16 Helsingfors, marks to £1 226 J Madrid, peseta to £1 36 15-32 Lisbon, escudo to £1 110) Athens, drachmae to £1 ... ... 523 Bucharest, lei to £1 497 Belgrade, dinars to £1 220 Warsaw, zlotys to £1 26.37 Rio de Janeiro, pence to milreis 4J Buenos Aires, pence to dollar ... 361 Montevideo, pence to dollar ... 39) Bombay, pence to rup*; 18 1-16 Shanghai, pence to tael 16) Hongkong, pence to dollar 20) Yokohama, pence to yen ... Batavia, florin to £1 ...- ...■ 7.35) BANK OF ENGLAND RETURN Press Association—By Telegraph—Copyright. LONDON, November 29. (Received November 30, at 10 a.m.) The following is the Bank of England return: — _ ISSUE DEPARTMENT. Note issue circulation— ... £379,686,948 Banking department ... •» 72,426,135 £452,113,083 Government debt £11,015,100 Other Government securities ... 245,557,852 Other securities 630,626 Silver coin 2,796,422 Gold coin and bullion ... £452.113,083 BANKING DEPARTMENT. Proprietors’ capital «. £14,553,000 Rest 3,278,188 Public deposits 27,692,954 Other deposits (bankers) 89,125,852 Other accounts 38,133,767 Seven-day and other bills 40 £172,783,781 Government securities £80,361,413 Discount advances 9,155,732 Other securities 10,272,549 Notes in reserve 72,426,135 Gold and silver coin ... ... «. 567,952 £172,783,781 The proportion of reserves to liabilities is 47.10 per cent. Short loans are quoted at J per cent.; three months’ bills at 15-32 per cent.

BUTTER, CHEESE, AND EGGS Pre*« Association — By Telegraph—Copyright LONDON, November 29. (Received November 30, at 1 p.m.) Butter is steady. Danish, 116 sto 117 s. Choicest salted—New Zealand, 72s to 735; Australian, 70s to 71s. Unsalted are about 2s premium. Cheese is dull. New Zealand coloured, 465; white, 475. Australian, 45s to 465. Eggs are in good demand. Australian and New Zealand, fourteens, 11s 3d to 11s 6d; fifteens, 12s 3d; sixteens, 12s 6d to 12s 9d; seventeens. 13a. MOUNT LYELL Press Association—By Telegraph—Copyright, LONDON, November 29. (Received November 30, at 1 p.m.) Mount Lyell shares are quoted at 13s od. P. AND 0. SHARES Press Association—By Telegraph—Copyright LONDON, November 29. (Received November 29, at 1 p.m.) P. and 0. shares are quoted at 15s 9d. LONDON STOCK EXCHANGE Press Association—By Telegraph—Copyright LONDON, November 29. (Received November 30, at 11.30 a.m.l The following are Wednesday’s quotations of Government securities:—

NEW GUINEA GGLB SHARES Press Association—By Telegraph—Copyright LONDON, November 29. (Received November 30, at 11 a.m.) New Guinea Gold shares are quoted at ss. LOAN AND MERCANTILE Press Association —By Telegraph—Copyright LONDON, November 29. (Received November 30, at 12.5 p.m.) The New Zealand Loan and Mercantile Company’s profit for the year is £157,038 (brought in £27,125). It is proposed to carry forward £77,413. BEET SUGAR Press Association—By Telegraph—Copyright LONDON, November 29. (Received November 30, at 1 p.m.) Beet Sugar.—December, 4g 3d.

Consols, 24 psr cent. ... ... £90 0 0 Funding Loan, 4, 1969-90 ... . . 118 2 6 War Loan, 34 • . 107 7 6 Conversion Loan, 54 ... ... . . 109 10 0 Victory Bonds, 4 . 116 15 0 Commonwealth, 5, 1935-45 ... . . 101 7 6 Commonwealth, 5, 1945-75 ... . , 115 7 6 Commonwealth, 3J, 1936-37 _ 103 5 0 Commonwealth, 4. 1943-48 ... . . 105 7 6 Commonwealth, 34, 1948-53 104 3 9 New South Wales, 3, 1935 ... . . .101 15 0 New South Wales, oi, 1930-50 . . 101 17 6 New South Wales, 4{, 1935-45 . . 103 2 6 New South Wales, 5, 1935-55 . . 103 1 3 Victoria, 3, 192949 — ... . . 100 0 0 Victoria, 4J, 1940-60 ... . . 108 2 6 Victoria, 5, 1945-75 . US 6 3 Queensland, 3, 192247 . 99 7 6 Queensland, 5, 1940-60 . IU8 J7 6 South Australia, 3, 1916 (opt.) 92 0 0 South Australia, 5, 1945-75 . 115 10 0 Weet Australia, 3, 1915-35 . 100 12 6 West Australia, 4, 1948-62 ... . . 104 12 6 Tasmania, 34, 1920-40 . 103 5 0 Tasmania, 4, 1940-50 . 104 5 0 New Zealand, 44, 1948-58 ... . . Ill 7 6 New Zealand, 34, 1940 . 104 12 6 New Zealand, 3, 1945 . 100 10 0 New Zealand, 6, 1935-51 ... . . 108 2 6