LATE COMMERCIAL

Evening Star, Issue 22595, 12 March 1937, Page 12

LATE COMMERCIAL

BANK OF ENGLAND RETURN. —By Telegraph Copyright LONDON, March 11. ; (Received March 12, at 1 p.m. The following is the Bank of England teturn: — ISSUE DEPARTMENT. Note issue m circulation ... Bank department m’oOOOOO Government securities 187.000.^0 Other securities ... ... ... - 2,000,000 Silver coin ... ■ ... ••• ■ ••• BANKING DEPARTMENT. Public Bankers’ deposits ... 93,800,000 Other amounts ... ... 37,700,000 Government securities ... ... 96.100.0uu Discounts and advances ... ... 4,200,000 Other securities 22,300,000 Notes and coin ... .... ... 50,100,000 Bate of reserves to liabilities is 33.74 per cent!. The Bank of England discount rate remains unchanged at 2 per cent.

BRADFORD MARKET. £ress Association —By Telegraph—Copyright LONDON, March 11. (Received March 12, at 12.40 p.m.) Bradford tops: Merinos—7o’s, 38£d; 64’s. 37d; 60’s, 36d. Cross-breds—sß s, 32d; 66’s, 28id; 50’s, 2od; 46’s, 22|d; 44’s, 22d (last two nominal). ihe market is very firm with little new business, owing to topmakers quoting higher. LONDON WOOL SALES. COMPETITION ACTIVE. Pr*M Asiocdation—By Telegraph—Copyright LONDON, March 11. (Received March 12, at 2 p.m.) 'At the wool sales 8,950 bales were offered, including 4,586 from New Zealand, and 8,362 were sold. There vvas a;moderate selection, which met with active competition at full rates. New Zealand greasy cross-bred, V Katatane,” top, 18id; average, lC|d.

/ BUTTER AND CHEESE. Pres* Association— By Telegraph—Copyright LONDON, March 11. (Received March 12, at 1 p.m.) Butter is firm. Danish, 1255. Choicest salted Australian and New Zealand, 975; unsalted, 98s. Cheese is firm. New Zealand white and coloured, 58s. SALES ON ’CHANGE: THIS DAY. Christchurch. —Bank of New Zealand, 43s 9d, 44s (3); Union Bank of Australia, £ll 2s; New Zealand Breweries, 59s 8d; Tooth’s Brewery, 565; Colonial Sugar, £43; Consolidated Brick, 10s Id (4); Electrolytic Zinc (ord. cum div.), 665, 65s 9d; Electrolytic Zinc (pref. cum div.), 675, 67s 2d, 67s sd, 67s 7d; G. J. Coles (cum div.), £5 5s (2); Hume Pipe (Aust. cum div.), 20s 6d, 20s sd; New Zealand Drug Company (cum div.), 76s 3d;‘ Taranaki' Oil, 4s (2); Worksop Extended (cum 'div.), Is 8d; Mount Lyell, 53s 4d (3) ; Mount Morgan, 18s 6d: Rawang Tin, 13s lOd, 13s 9d. Unlisted: Woolworths (Sydney, ord.), £8 1s 6d. Auckland.—First call: Farmers’ Auctioneering (B pref.), 21s 6d; Colonial Sugar, £43; Milne and Choyce (deb stock), _ 16s lOd; New Zealand Refrigerating (con.), 8s 7d; Roller Mills (pref.), 22s Id; Gillespie’s Beach, Is 6d; Broken Hill South, 59s 6d; Mount Mors ;an, 18s sd; Placer Development, £5 5s 3d; Rawang Tin (2), 14s. Unlisted: Perpetual Forests, 535; Coromandel Gold, Is Bd. Noon call; New Zealand, Insurance. 59s 59s 6d: Loan and Mercantile, £45; Broken Hill Proprietary, £4 10s; Colonial Sugar, £43; Electrolytic Zinc, C6s 9d (2), 665; same (pref.), 675; Farmers’ Trading (B pref.), 22s 6d ; G. .1. Coles, £5 4s 6d ; Peters Ice, 265; Broken Hill South. 59s 6d; Mount Lyell, 54s (6). 53s 3d; King Solomon. 9d; Placer Development, £5 6s; Stock, 3i per cent. (March, 193943). £IQI 12s 6d, £lOl 15s, (1952-55), £lO3,