LATE COMMERCIAL

Evening Star, Issue 22880, 11 February 1938, Page 12

LATE COMMERCIAL

BRADFORD MARKET.: Press Association—By Telegraph—Copyright LONDON, February 10. (Received February 11, at 1 p.m.) Bradford tops: Merinos, 70’s, 28id; &4’s, 27d: 60’s, 26d. Cross-breds: 58’s, 23d; 56’s, 22d; 50’s, 17Jd; 46’s, 17d (nominal); 44’s, 17s (nominal). The market is quiet but steady, with more inquiry for yarns. METAL MARKET. Press Association—By Telegraph—Copyright LONDON, February 10. (Received February 11, at 1 p.m.) Copper.—Standard, • £3B 10s ; forward, £3B 15s. Electrolytic.—Spot, £42 10s; forward, £43 ss. Wire bars, £43 ss. Tin.—Spot, £IBO 7s 6d; forward, £IBO 7s 6d. Lead.—Forward, £l4 19s 4Jd; spot, £ls 3s lid. Spelter.—Spot, £l3 15s 7id; forward, £l4 Is 10id. Silver. —Spot, 20 5-16 d an ounce; forward, 21 15-16 d. BEET SUGAR. Press' Association—By Telegraph—Copyright LONDON, February 10. (Received February 11, at 2 p.m.) Beet sugar, 4s Hid. LONDON SHARE MARKET.

Press Association—By Telegraph—Copyright

LONDON, February 10. (Received February 11, at 1 p.m.) Share quotations: Clutha River Company, buyers Is 9d, sellers 2s; Molyneux, buyers Is, sellers Is 3d. 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 £l, N.Z.) (Per £1 N.Z.) SELLING— T.T. (dol) ... 4.02 1-8 4.02 O.D. (dol) ... 4.02 1-2 4.02 7-16 BUYING— O.D. (dol) ... 4.06 9-16 4.06 7-16 SYDNEY STOCK EXCHANGE. Press Association —By Telegraph—Copyright SYDNEY, February 11. (Received February 11, at 2 p.m.) Bonds: 3J per cent. 1934, £lO2 7s 6d; 4 per cent. 1938, £lOl 13s 9d; 4 per. cent. 1941, £lO3 18s 9d; 4 per cent. 1947, £lO5 6s; 4 per cent. 1950, £lO5 12s 6d; 4 per cent. 1953, £lO4 lls 3d; 4 per cent. 1955, £lO4 12s 6d. Shares: Colonial Sugar. £46 15s; Electrolytic Zinc, 47s 6d; General Industries, 20s; Coles, 80s; Goldsbrough Mort., 31s 3d; Kandos, 26s 3d; Millaquin Sugar, 38s 6d.

.WHEAT AND FLOUR. Press Association —By Telegraph—Copyright LONDON, February 10. (Received February 11, at 2 p.m.) Wheat cargoes are easier. Parcels are in poor demand. Futures: London — March, 45s 4d; May, 44s 7sd. Liverpool—March, 7s B|d; May, 7s 7Jd; July, 7s 6|d. The spot trade is quiet. Australian, dk ship, 40s 3d. Flour is easier. Australian, ex store, 27s 6d to 295. Chicago futures: May, 95J cents per bushel; July, 91J ; September, 90|d. SALES, ON ’CHANGE.—THIS DAY. Christchurch.—Bank of New Zealand, 43s (2) ; Now Zealand Insurance, 61s Id; Broken Hill Proprietary, 60s lOd and 60s 9d (3); Electrolytic Zinc (cum div.), 475; Woolworths (New Zealand), 19s 5d (5); Broken Hill South (cum div.), 33s 3d. Reported: New Zealand Refrigerating (£1 paid), 18s 9d. Wellington.—Morning call: Electrolytic Zinc (pref.), £2 10s 2d. Unofficial list: New Zealand Perpetual Forests (4s paid), 17s 6d. Reported: New Zealand Guarantee Corporation, 4s 8d; Broken Hill, £3 Is 4Jd; Amalgamated Wireless (contrib.), £2 9s 3d; Felt Textiles (new), £1 15s 9d. Noon call: Dalr gety’s, £8 ss; British Tobacco, 49s 8d; Broken Hill (contrib.), 335; Mount Morgan, 9s 2Jd; Tooth and Company, 54s lid, Auckland.—First call; Commercial Bank (pref., ex div.), £9 10s 6d; Colonial Sugar, £46 7s- 6d; Milne and Choyce (debenture stock), 14s 9d; Martha Mine, 15s 2d; Stock (1953-57), 3i per cent., £97 15s; Auckland City (1944-55), £lO2 15s; same (1944-67), £lO2 15s; Birkenhead Borough Council, 3J per cent. (1966), £94 10s. Noon call: Commercial Bank (ex div.), 16s 7d; New Zealand Insurance, 61e; Guarantee Corporation, 4s 7d; Dominion Breweries, 37s 6d; New Zealand Breweries, 465; Broken Hill Proprietary (cont.), 335; Golden Crown, 4s 3d.

BANK OF ENGLAND RETURN, Press Association —By Telegraph—Copyright LONDON, February 10. (Received February 11, at 1 p.m.) The following is the Bank of England return; — —lssue Department.— Note issue in circulation £746,100,000 Bank department 50,300,000 Government securities 188,300,000 Other securities ... 700,000 Silver coin —Banking Department.— Rest 3,600,000 Public deposits 16,100,000 Bankers’ deposits 102,900,000 Other accounts 35,600,000 Government securities 93,300,000 Discounts and advances ... 9,600,000 Other securities 18,900,000 Notes and coin 50,900,000 Ratio of reserve to liabilities is 32.94 per cent. The Bank of England discount rates remain unchanged at 2 per cent.