COMMERCIAL

Evening Star, Issue 22193, 22 November 1935, Page 14

COMMERCIAL

DOLLAR RATES. The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates to-day on a New Zealand . currency basis. They are . subject to alteration without notice; — U.S.A. CANADA. (Per £1 N.Z.) (Per £1 S.Z.) SELLING— T.T. (del) ... ... 3.95 t.. 3.99,1- . O.D. (dol) 3.95| 3.99 J BUYING— O.D. (dol) 4.00 g 4.04 a LONDON STOCK EXCHANGE. Press Association —By Telegraph Copyright LONDON, November 21.

FOREIGN EXCHANGES. ■ (British Official Wireless.) Press Association —By Telegraph—Copyright ! - RUGBY, November 21. (Received November 22, at noon.) The following are the mean closing rates: — Paris, franc to £1 ... 74 59-64 New York, dollar to £1 4.921 Montreal, dollar to £1 4.97 J Brussels,' belgas to. £1 29.16 j Geneva, franc to £1 15,23 Amsterdam, florin to £1 7.31 Berlin, reichmarken to £1 60f , Milan (nominal), lire to £1 ... 12.26 Stockholm, kroner to Copenhagen, kroner to £1 22 Oslo, kroner to £1 49.90 2 Vienna, schilling to £1 - 26* Prague, kroner to £1 Helsingfors, marks to £1 Madrid, peseta to £1 ■. 6 Lisbon, escudo to £1 Ho| * Athens, drachmae to £1 516 ♦Bucharest, lei to £1 627 Belgrade, dinars to £1 216 Warsaw, zlotys to £1 26.18 Rio de Janeiro, pence to millreis 4J Buenos Aires, pence to dollar ... ♦Montevideo, pence to dollar ... 39 11-16 Bombay, pence to rupee 184 Shanghai, pence to dollar 14| Hongkong, to dollar 174 Yokohama, pence to yen 14 Batavia, florin to £1 ... 7.22 j ♦Sellers. PRICE OP GOLD.

Press Association—By Telegraph—Copyright

LONDON, November 21. (Received November 22, at noon.) The price of gold is quoted at £7 Is 5d per oz. DOLLAR AND FRANC. Press Association —By Telegraph—Copyright LONDON, November 21. (Received November 22, at noon.) The dollar is quoted at 4.92 f and the franc at 74J. BANK OF ENGLAND RETURN. Press' Association—By Telegraph—Copyright LONDON, November ,21. (Received November 22, at 1.30 p.m.)

Tho proportion of reserves to liabilities is 39.60 per cent. Short loans are quoted at J per cent.; three months’ bills at 9-16 per cent.

DAIRY PRODUCE. Messrs Dalgety and Co. have received the following cable from London, dated November 21:—-The butter market has rather more enquiry this end of the week. The cheese market is quiet. Quotations: Danish butter, f.0.b., 104 s; New Zealand finest butter, 103 s to 104 s: Australian finest unsalted butter, 104 s to 106 s; Australian finest salted butter, 102 s to 103 s; Australian G.A.Q. butter, 98s to 995; Australian cheese—white 465. coloured 465; New Zealand cheese—white; 52s 6d to 535, coloured 53s 6d to 545; Canadian cheese —white 58s to 625, coloured 58s to 625, c.i.f. not quoted. BUTTER AND CHEESE. Press Association —By. Telegraph—Copyright . LONDON, November 21. (Received November 22, at 1 p.m.) Butter. —Quiet. Danish, 1245; choicest salted New Zealand, 103 s to 104 s; Australian, 102 s to 103 s; unsalted New Zealand, 110 s; Australian, 108 s. Cheese.—Quiet. New Zealand white, 535; coloured, 545; Australian both, 50s to 51s,

(Received November 22, at 1.30 p.m.. Consols, 24 per cent. ... ... . .£85 10 0 Funding Loan, 4, 1969-90 ... . War Loan, 34 .117 0 .105 10 0 0 Conversion Loan, 34 . 1UY b 0 Victory Bonds, 4 ... . 115 5 0 Commonwealth, ,5, 1945-75 ... . .112 12 6 Commonwealth, 3i, 1936-37 . 1U.I . b 0 Commonwealth, 4, 1943-48 .104 7 6 Commonwealth, 34, 1948-53 . 103 0 0 ♦Commonwealth, 3j, 1956-61 . . 98 3 9 New South Wales, 34, 1930-50 . . 101 7 6 New South Wales, 41, 1935-45 . .102 5 0 New South Wales, 5, 1935-55 . .101 7 6 Victoria, 3,. 1929-49 . as 1/ 6 Victoria, 4J, 1940-60 . .106 15 0 Victoria, 5, 1945-75 . ,111 15 0 Queensland, 3, 1922-47 ... . . 98 17 6 Queensland, 5, 1940-60 .iu/ u 0 South Australia. 3. 1916 (opt.). «» 0 0 South Australia, 5, 1945-75 . .112 2 6 West Australia, 4, 1942-62, Tasmania, 3j, 1920-40 , • .103 10 0 .103 5 0 Tasmania* 4, ■ 1940-50 .105 12 6 New'Zealand, 41, 1948-58 ... . .109 10 0 New. Zealand, 3£, 1940 ... . .104 1 3 New Zealand, 6, 1935-51 ... . .102 0 0 New Zealand, 3, 1945 .104 0 0 *Ex Interest.

—Issue Department.Note issue in. circulation Bank department ... £398,900,266 58,288,797 £457,189,063 Government debt Other Government securities ... Other securities Silver coin Gold coin and bullion £11,015,100 246.285,166 1,160,872 1,538,862 197,189,063 £457,189,063 —Banking Department Proprietors’ capital Rest Public deposits Other deposits (bankers) Other accounts ... ... ' £14,553,000 3,237,636 21,629,642 90,940,664 36,500,509 £166,861,451 Government : securities Discount advances Securities' Notes in reserve Gold and silver coin £83,619,999 9,712,648 14,359,780 58,288,797 880,227 £166,861,451