COMMERCIAL

Evening Star, Issue 22067, 28 June 1935, Page 12

COMMERCIAL

LONDON STOCK EXCHANGE.

Press Association—By Telegraph—Copyright

' FOREIGN EXCHANGES- '

(British Official Wireless.) Press Association—By Telegraph—Copyright

BANK OF ENGLAND RETURN. Press Association—By, Telegraph—Copyright LONDON, June 27. (Received June 28, at 1.30 p.rn.) The following is the Bank of England return:—

BERLEI LTD (N.Z.). FIRST LISTING AT AUCKLAND. fSPICIAL TO THB ‘ STAE.'I AUCKLAND, June 28. Berlei (N.Z.) Ltd., which was listed on the Auckland Stock Exchange, for th® first time to-day, has authorised capital of, £50,000, of which £35,000 has been issued, and paid up. The last accounts issued .were for the year, •nded December 19,. and showed =. a profit, after providing for all expenses and charges,-. directors’.fees (£500), and depreciation, of £5,935.” This was added to the balance brought forward of £1,660. After deducting the interim' dividend due of Is per share, paid in July (£1,750), there remained a credit of £5,844. From this a final dividend due of Is was' paid, , and £3,500 was transferred to reserve, leaving a balance of £594 to bo carried forward. - ; ‘ . The :balance-sheet showed the reserve *ccou'nv at £4OO, and sundry creditors, including provision for income tax, £7,284. The : chief assets were property, plant, and machinery £17,170, stocks £10,366, sundry debtors , £19,865, Government -stock and shares £1,658, cash £3,069. The £1 shares were quoted this, morning with buyers at £2 6s 3d and sellers £2 11s. They sold last week when still unlisted at 45s 6d. NEW GUINEA GOLD SHARES. Press Association—By Telegraph—Copyright LONDON, June 27. (Received June 28, at 11 a.m.) New Guinea Gold shares ate quoted »t 4s lid. ' MOUNT LYELL. ‘ Press Association—By Telegraph—Copyright LONDON, June 27. (Received June 28, at 11 a.m.) Mount Lyell shares are quoted' at 14s 9d. BEET SUGAR. Press Association—By Telegraph—Copyright LONDON, June 27. (Received June 28, at 1 p.m.) ‘ ‘ B*9fe! fete* i* I*d-

BRADFORD, MARKET. Press Association—By Telegraph—Copyright LONDON, June 27. (Received Juno 28, at 11 a.m.) 'At Bradford 'there is considerable new business; Merino and fine cross-bred seventies, *3od; sixty-fours, 29d; sixties, 27id; fifty-sixes, 19d; fifties, 14Jd; forty-sixes, ll$d; forties, 10id.. BUTTER AND CHEESE. Press Association —By Telegraph—Copyright LONDON, June 27. (Received June 28, at 11 a.m.) • Butter; Steady. Danish, 102 s; Choicest salted New Zealand, 905.; Australian, 87s to 88s; unsalted, the same. Cheese: Firmer. New Zealand white, 45s to 45s 6d; coloured, 455; Australian temporarily cleared. AUSTRALIAN MARKETS. Press Association —By Telegraph—Copyright SYDNEY, June 27. "Wheat.—Country sidings, 2s 6Jd for bagged ahd 2s 4)d for bulk, equal to 3s Old, ex truck, Sydney. Flour, £ll ss. ■' Bran and pollard, £5. Potatoes. —Tasmanian, £ll to £l4; Victorian, £ll. Onions.—Victorian brown, £lO 10s. Maize Yellow, 4s 4d; white, 4s 3d. ADELAIDE, June 27. Wheat. —Growers’ lots, 2s lid. Flour.—Bakers’ lots, £ll 7s 6d. Bran, £5. Pollard, £5 2s 6d. Oats, Is 9d and Is lOd. . Barley, 2s 6d. MELBOURNE, June 28. (Received June 28, at 1.30 p.m.) Wheat, 3s lid to 3s l|d. Flour, £lO 17s 6d. Bran, £4 15s. Pollard, £5. * . Oats, 2s 4d to 2s 4Jd. Barley.—English, 2s 7d to 3s. Maize, 4s 8d to 4s lid. ; Potatoes,'£lo Ss to £lO 10s. Onions, £8 10s to £8 15s. SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, June 28. (Received June 28, at 2.30 p.m.) Shares: Commercial Bank of Sydney , £l7 19s; Tooths, 54s 9d; Anthony Hordern, 18s 10id; Broken Hill Proprietary, 595"; British Tobacco, 39s 3d; Colonial Sugar, £44 ss. WHEAT, FLOUR, ETC. Press Association—By Telegraph—Copyright LONDON, June 27. (Received June 28, at 2-p.m.) Wheat: Cargoes , steadier/ Parcels firm. Futures —London: June, 23s 3d; September, 22s sd. Liverpool: July, 5s 2|d; October-December, 5s 3|d; March, os 3 id. The spot trade is quiet, with an easier tendency. Australian (ex ship), 27s 9d. Flour: Slow. Australian (ex store), 20s 9d to 21s Id. Oats: Slow, tending in buyers’ favour.. . Peas and beans are quiet. SALES ON ’CHANGE: THIS DAY. Christchurch.-T-Comraercial Bank of Australia, 15s 7d; National Bank of New Zealand (cum div.), 70s; Bank of New Zealand, 50s 6d; Dalgety and Co., £8 2s 6d; Christchurch Gas (odd lot), 36s 6d; New Zealand Farmers’ Cooperative 4i per cent. Stock (1940), £B3; ‘ Sun ‘ Newspapers, 8s 3d; Bendigo Goldlights, 10|d; Big River, 2s 3Jd; King Solomon, 3s lOdp Mount Morgan (cum div.), 36s 9d; Skippers, 21<3. Reported: New Zealand Farmers’ Co-operative, 4J per cent. Stock, 1940, £B3, £B3 5s (late sales on 27th); Bank New Zealand (late sale on the 27th), 50s 6d; National Bank of New Zealand (cum div.), 70s. Auckland.—Sanford, 2s 3d; Komata Reefs, 5s 3d; Commercial Bank, 15s 8d; Mount Lyell, 18s lOd; Henry Jones„37s 3d; New Zealand Newspapers, 38s 9d; Claude Neon (Sydney), 495; - Bank of New Zealand, 50s 4d; Coles, 68s; South British Insurance, 995; New Zealand Stock, 1939-43, £lO5 10s; .Gisborne 'Sheep Farmers, £lO2 ss; Auckland Harbour, 1949, £lO7. Wellington.—3J per cent. . Stock (1938-52), £lO7 17s 6d; 4 per cent.' Stock (1940), £lO4 10s; Broken Hill, ;£2 18s’ 6d; Skippers, 2Jd.

LONDON, June 27. (Received June 28, at 1.30 p.ih. Consols, 2i per cent. £85 0 0 Funding Loan, 4, 1969-90 118 0 0 War Loan, 3J 106 5 0 Conversion Loan, 3£ 107 17; 6 Victory Bonds, .4 ... ... ..v ... 116 5 0 Commonwealth, 5, 1945-75 109 10 0 Commonwealth, 3£, 1936-37 Commonwealth, 4, 194348 102 3 9 104 3 9 Commonwealth,’ 5£, 1948-53 ... 102 18 9 Commonwealth,-3J-, 1956-61 97 17 6 New South' Wales; 3, 1935 101 2 6 New South Wales, 3j, 1930-50 ... 100 1 3 New South Wales,' 4|, 1935-45 ... 100 10 0 New South Wales, 5, 1935-55 ... 101 12 6 Victoria, 3, : 192949 98 10 0 Victoria,. 4j, 1940-60 104 10 0 Victoria, 5, 1945-75 ■ 109 0 0 Queensland, 3, 1922-47 98 7 6 Queensland, 5, 1940-60 ■107 1 3 9 South Australia, 3, 1916 (opt.) .88 150 South Australia, 5, 1945-75 ■109 , : 00 West, Australia, ,..4, 1942-62 101 17 6 Tasmania, 3i, > 192040 ■, 101 18 9 Tasmania, 4,- 1940-50 .... ••• ••• New Zealand,.- 4j, ,1948r58 ... .102 -:o 0 .109 16 9 New Zealand, 1940 . ... .... 103 12 '6 New Zealand, 3, 1945,..,’' 100 11 3 New Zealand, ,6,- 1935-51 ..V- ... 106 : 5' 0

RUGBY, June 27. ,,(Received June, 28, at 12.30 P-ni.) The following ar3 the mean closing rate*;—' Paris, franc to £1 74-35-61 Naw York, dollar to £1 4.94 5-16 Montreal, dollar to £1 ... 4.944 Brussels, belgas to £1 ... 29.21 Genera, franc to £i- ... 15.07 Amsterdam, florin to £1 7.241 Milan, lire to £1 ... .. 59§ . Berlin, reicbmarken to £1 12.224 Stockholm, kroner to £1 19.39* Copenhagen, kroner to- £1 22 Olio, kroner to £1 ... ... 19.90* Vienna, schilling to £1 .... 26 Prague, kroner to £1 ... 117 J Helsingfors, marks to £1 2261 Madrid, peseta to £1 ... 35 31-32 Lisbon, .escudo, to £J ... .. ■m .... •Athens, drachmae to £1 514 ; Bucharest; lei, to .£1) .;. ■■■Wk • ' Belgrade, dinars to £1 ... 215 : Warsaw,' alotjs to £1 ... 26.06 Rio d» Janeiro, pence to milrcis 4i ' : Buenos' Aires, pence to dollar .. 36* Montevideo, pence to dollar ... 39i Bombay, pence to rupee 18* ; Shanghai, pence to tael 19| Hongkong, pence to dollar 264 Yokohama, pence to yen 14* Batavia, florin to £1 ... 7.214 , ' 'Sellers.

’ ISSUE DEPARTMENT. < Note issue in circulation ... Bank department ... ... ... £396,859,702 55,856,639 £452,716,341 Government debt- ... ... ... £11,015,100 Other Government securities 246,930,151 ■ Other securities 260,666 Silver coin ... ... ... 1,794,083 Gold coin and bullion ... ... 192,716,341 £452,716,341 BANKING DEPARTMENT. Proprietors’ capital •... .... Rest ... Public deposits Other deposits (bankers) Other accounts ,. ... Seven-day and other bills ... £14,553,000 .., 3,407,355 ... 16,163,416 ... 102,360,761 ... 38,755,148 £175,239,680 Government securities ■... Discount advances ... ... Securities ... Notes in reserve ... .... ... Gold and silver coin ... £96,186,044 ... 10,165,226 ... 12,425,655 ... 55,856,639 ..; 606,116 . £175,239,680 The proportion of reserves to liabilities is 35.90 per cent. Short loans are quoted at J per cent.; three months’ bills at 3-16 per cent.