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LATE COMMERCIAL

FOREIGN EXCHANGES. (British Official Wireless.! Press Association—By Telegraph—Copyright RUGBY, June 24. (Received June' 25, at IX a.m.) The following are the mean closing rates;— Paris, franc to £1 New York, dollar to £1 4.944 Montreal, dollar to £1 4.84 J Brussels, belgas to £1 29.26 Geneva, francs to £1 21.56 Amsterdam, florin to £1 ... ... 93 22-3.. Milan, lire to £1 ... 8.985 Berlin, reichmarken to £1 ... 12.32 s Stockholm, kroner to £1 ... ... 19-394 Copenhagen, kroner to £1 ... 22.40 Oslo, kroner to £1 19.90 Vienna, schillings to £1 264 Prague, crownsHo £1 1413-16 Helsingfors, marks to £1 ... ... 2264 Madrid, pesetas to £1 92 11"32 Lisbon, escudo to £1 HO 13-16 Athens, drachmae to £1 547); Bucharest, lei to £1 670 Belgrade, dinars to £1 216 Warsaw, roubles to £1 ... ... 26.06 Rio de Janeiro, pence to milreis 44 Buenos Aires, pence to dollar ... Montevideo, pence to dollar ... 394 Bombay, pence to rupee 184 Shanghai, pence to dollar 14 13-32 Hongkong, pence to dollar ... 1413-16 Yokohama, pence to yen 13 31-32 Batavia, florin to. £1 8.974 LONDON STOCK EXCHANGE. Press Association—By Telegraph—Copyright LONDON, June 24. (Received June 25, at 1.15 p.m.) The following are the latest quotations of Government securities: —

BANK OF ENGLAND RETURN. Press Association—By Telegraph—Copyright LONDON, June 24. (Received June 25, at 1 p.m.) The following is the Bank of England return:— —lssue Department.— Note issue in circulation £483,700,000 Bank department _ 42.700,000 Government securities 184,100,000 Other securities ... 4,900,000 Silver coin —Banking Department.— Rest ... ... 3,400,000 Public deposits Bankers’ deposits 95,000,000 Other amounts 37,200,000 Government securities 98,000,000 Discounts and advances 3,800,000 Other securities 20,200,000 Notes and coin ... 43,600,000 ! Ratio of Preserves to liabilities is 29.52 per cent The Bank of England discount rate remains unchanged at 2 per cent. WHEAT AND FLOUR, Press Association—By Telegraph—Copyright LONDON, June 24. (Received June 25, at 1.30 p.m A Wheat cr. ; :es are steadier. Parcels are firr. . Futures: London—July, 435; Never 42s 4d. Liverpool— July, 8s 8?d; October, 8s BJd; December, 8s BJd. The spot trade is quiet. Australian, ex-ship, 45s 9d. Flour is firm. Australian, ex-store, 32s 6d to 33s (3d. Chicago Futures.—July, 113 J cents per bushel; September, 114; December, 115 J. METAL MARKET. Press Association—By Telegraph—Copyright LONDON, Juno 24. (Received June 25, at 1 p.m.) . Copper: Standard: £55 13s 9d per ton; forward, £54 19s 4*d. Electrolytic: Snot, £62; forward, £64. Wire bars, £64. Lead: Forward, £23 Is 3d; spot, £22 15s. Spelter: Spot, £2l 2s 6d; forward, £2l ss. Till: Spot, £249 17s 6d; forward, £249 10s. Silver: Fine, 19Jd per ounce; standard, 21 7-16 d. BUTTER AND CHEESE. Press Association—By Telegraph—Copyright LONDON, June 24. (Received June 25, at 1 p.m.) Butter is quiet. Danish, 114 s. Choicest salted New Zealand, 109 s to 110 s; Australian, 108 s. Unsailted New Zealand, Ills to 112 s; Australian, 110 s. / Cheese is slow. New Zealand white, 745; coloured, 735. No. Australian is offering. BEET StIGAR. Press Association—By Telegraph—Copyright' LONDON, June 24. (Received June 26, at 1 p.m.) Beet sugar, 6s 9Jd. BRADFORD MARKET. Pres* Association—By Telegraph—Copyright LONDON, June 24. (Received June 25, at 12.40 p.m.) The Bradford tops market is firm. Yarns are a shade easier. Business is limited. Merinos: 70’s, 39d; 64‘s, 37id; 60’s, 365. Cross-breds: 58s, 32Jd; 56’s, 29*d; 50’s, 26d; 46’s, 25d; 44’s, 25d. MOUNT LYELL SHARES. Press Association—By Telegraph—Copyright LONDON, June 24. (Received June 25, at 1 p.m.) Mount Lyell shares are quoted at 31s 3d.

SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, June 25, (Received June 25, at 2 p.m.) Bonds: 4 per cent., 1938, £lOl 8s 9d; 1961, £lO3 16s 3d. Shares; National Bank (£lO paid), £l4 10s; Tooheys, 33s 7id; Coles, £5 4s; Australian Iron and Steel (pref.), 275; Broken Hill Proprietary, 80s 9d, new 75s 6d; Electrolytic Zinc, 575, pref. 58s 9d; Mort’s Dock, 14s 3d; Morris Hedstrom, 30s 3d. SALES ON ’CHANGE; THIS DAY. Christchurch.—Commercial Bank of Australia, 18s 3d (5); National Insurance, 17s 3d (2); New Zealand Breweries (rights), 21s 6d (5), 21s 9d; Broken Hill Proprietary, 78s Id (2); Broken Hill Proprietary (cont.), 72s 9d'; Dunlop Rubber, 22s 3d; Electrolytic Zinc (ord.), 54s Bd, 555; Electrolytic Zinc (pref.), 56s 9d (4); G. J. Coles, £5 2s 3d (2); Hume Pipe, 19s (5); Broken Hill South, 47s 9d (4) ; Mount Lyell, 41s 2d (4) ; Mount Morgan (cum div.), 12s 4d (4). Reported: Macduffs, pref. (late sale yesterday), 25s 6d; Waimunm Sluicing, 7d (2); Broken Hill South (late sale yesterday), 47s 6d. Unlisted: Grey River (5s paid), 5s Id; M'Kenzie’s Department Stores, 79s 3d (2), 79s (2). Auckland.—First call; Bank of New Zealand, 445; South British Insurance 95s 6d; Dominion Breweries, 43s 3:1; New Zealand Breweries (rights), 21s 3d; Farmers’ Trading, 21s (B pref.), 22s 3d. Noon call: National Bank of Australasia, £7 3s; Bank of New Zealand, 445; Milne and Choyce (B pref.), 245. Wellington.—Huddart, Parker, 38s 7d; Broken Hill South, 48s; Kelburn Tram (pref.), 225; Mount Lyell, 41s sd, 41s Id; New ■ Zealand Brewery (rights), 22s Id; Electrolytic Zinc (ord.), 55s 6dj MTvenzies, £4, £3 19s 9d.

Consols, ,2i per cent ... £74 10 0 Funding Loan, 4 p.c., 19B8-90 ... 109 10 0 Assented War Loan 100 7 6 Conversion Loan, 3 i 100 10, 0 Victory Bonds. 4 (ex div.) ... 103 10 0 Commonwealth, 5, 1945-75 105 7 6 Commonwealth, 3i. 1936-37 100 18 9 Commonwealth, 4, 194348 100 13 9 Commonwealth, 3J, 1948-53 ... 99 10 0 Commonwealth, 31, 1956-61 ... • 90 7 6 Commonwealth, 3, 1955-58 88 7 6 New South Wales, 4*,' 1935-45 ... 95 15 0 Victoria, 3, 1929-40 94 2 6 Victoria, 4J, 1940-60 102 0 0 Victoria,, 5, 1945-75 105 7 6 Queensland, 3, 1922-47 94 5 0 Queensland, 5. 1940-60 104 0 0 South , Australia, 3, 1916 (opt.) 78 10 0 South Australia, 5, 1945-75 105 15 0 West Australia, 4, 1942-62 ... 99 15 0 Tasmania, 51, 192040 100 12 6 Tasmania, 4, 1940-50 100 0 0 New Zealand. 4i. 1948-55 102 10 0 New Zealand, 31, 1940 .100 5 0 New Zealand, 3, 1945 ... ... 94 10 0

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Permanent link to this item

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Bibliographic details

Evening Star, Issue 22684, 25 June 1937, Page 12

Word Count
1,000

LATE COMMERCIAL Evening Star, Issue 22684, 25 June 1937, Page 12

LATE COMMERCIAL Evening Star, Issue 22684, 25 June 1937, Page 12