COMMERCIAL

Evening Star, Issue 23496, 9 February 1940, Page 8

COMMERCIAL

CONSOLS AND STOCKS. Press Association —By Telegraph—Copyright

Highest in 1939: Railroads, 35.90 (September 27): industrials. 151.92 (September 12). Lowest in 1939: Railroads, 24.14 (April 8); industrials, 121.4 (April 8), PRICE OF SILVER. Press, Association—By Telegraph—Copyright LONDON, February 8. (Received February 9, at 1.35 p.m.) Silver is quoted: Standard, 21Jd; fine, 23 3-16 d. NEW GUINEA GOLD SHARES. Press Association—By Telegraph—Copyright LONDON, February 8. (Received February 9. at 1 p.m.) New Guinea Gold.shares are quoted at Is 6£d. RUBBER QUOTATION. Press Association —By Telegraph—Copyright LONDON, February 8. (Received February 9, at 1 p.m.) Rubber, 12]d. TIN QUOTATIONS. Press Association—By Telegraph—Coypright LONDON; February 8. (Received February 9, at 1.35 p.m.) Tin is quoted; Spot, £238 5s to £238 10s; forward, £238 to £238 ss. SALES ON ’CHANGE: THIS DAY. Auckland.—Morning call; Farmers’ Co-op. (£2 paid), 245; Auckland Gas (odd lot), 16s 6d; Broken Hill Proprietary, 53s 9d (2), 63s lOd (bonus shares), 645; Macduffs, 4s 6d; New Zealand Stock, 1952-55, £lOl ss. Noon call; Gear Meat, 14s; Woolworths (Sydney), 25s Id; Inscribed Stock, 1946-49, £lOl 10s; Inscribed Stock, 1952-55, £lOl ss. Christchurch. Westport Stockton Coal, 3s 9d; New Zealand Breweries, 37s (2). Reported: New Zealand Loan and Mercantile’(ord.) Stock (late yesterday), £3l; Goldsbrough, Mort, 30s 6d (2); Ballin’s Breweries, 13s Id: Dominion Fertilisers, 27s 3d; Milburn Lime (late yesterday), 40s 3d; Tara-

nnlci Oilfields, 5s sd: Grey River, IBs Wellington.—New Zealand _ Breweries, 375. Reported : Commercial Bank (nref.), £4 15s; Auckland Gas Cord.), 16s 6d; Kaiapoi Woollen, 13s sd; Northern Roller Mills, 19s. BRADFORD MARKET. Press Association —By Telegraph—Copyright LONDON. February 8. (Received February 9, at 1 p.m.) The Bradford consumption of wool and tops is well_ maintained. The Wool Control Board is showing a preference for export trade tops in issuing permits for new deliveries. There is a good demand for yarns at higher prices.

LONDON, February 8. (Received February 9, at 1 p.m.) Consols, 2J) £72 10 0 Funding Loan, 4, 1960-90 111 0 0 War Loan, 3£, 1952 99 10 0 Conversion Loan, 6i, 1961' 99 10 0 Victory Bonds, 4 110 0 0 Commonwealth, 5, 1945-48 106 7 6 Commonwealth, 4, 1943-48 102 5 0 Commonwealth, 3j, 1948-53 101 5 0 Commonwealth, .3i, 1956-61 93 12 6 Commonwealth, 3, 1955-58 90 12 6 New South Wales, 3i, 1935-50 ... 99 0 0 Victoria, 3, 1929-49 95 12 6 Victoria, 4j, 1940-60 101 2 6 Victoria, 5, 1945-75 106 0 0 Queensland, 3, 1942-47 96 10 0 Queensland, 5, 1940-60 102 0 0 South Australia, 3, 1916 (opt.) 75 7 6 South Australia, 5,‘ 1945-75 105 17 6 West Australia, 4, 1942-62 100 15 0 Tasmania, 4, 1940-50 New Zealand, 4*, 1948-58 101 5 0 102 5 0 New Zealand, 3, 1948 97 0 0 BANK OF ENGLAND RETURN. Press Association—By Telegraph— Copyright LONDON, February 8. (Received February 9, at 1 p.m.) The following is the Bank of England return —Issue Department.— Note issue in circulation £531,100,000 Bank departments 49,100,000 564,000,000 Government securities , Other securities 4,500,000 Silver coin 500,000 —Banking Department.Rest 3,500,000 28,600,000 Public deposits Bankers’ deposits 108,700,000 Other amounts 43,800,000 Government securities 121,800,000 Discounts and advances 2,500,000 Other securities i... ... 24,900,000 Notes and coin ... 49,900,000 Ratio of reserves to liabilities is 27.55 per cent. The Bank of England discount rate is 2 per cent. FOREIGN EXCHANGES. Press Association —By Telegraph— -Copyright LONDON, February 8. (Received February 9, at 1 p.m.) New York, dollar to £1 ... ... 4.03 Paris, franc to £1 ... 176J Montreal, dollar to £1 4.45 Amsterdam, florins to £1 " 75.45 Switzerland, franc to £1 ... ... 17.90 Stockholm, kroner to £1 16.90 Athens, drachmae to £1 540 ! Lisbon, escudo to £1 16.80 Kobe, pence to yen ... 14 14-64 Hongkong, pence to dollar 14 29-32 Shanghai, pence to dollar Brussels, b’elgas to £1 23.875, Rome, lire to £1 24.175 Tokio, pence to yen 20.37 Copenhagen, kroner to £1 ... Milan, lire to £1 20.56 78.50 Oslo, kroner to £1 17.70 STOCK INDICES. LONDON, February 8. (Received February 9, at 1 p.m.) Stock Indices Compiled by the Financial ■ ‘Times.’ October 15. 1926 = 100. Govt. Securi- Home Indus* Gold ties. Rails. trials mines. Jan. 4 ... 105.9 46.9 96.9 192.0 Jan. 5 ... 106.8 46.9 96.9 193.8 Jan. 8 ... 107.6 46.9 96.9 193.5Jan. 9 ... 107.5 46.8 96.7 193.9 Jan. 10 ... 107.1 46.9 96.5 194.5 Feb. 5 ... 109.2 52.0 95.8 190.4 Feb. 6 ... 109.0 51.7 , 96.3 190.8 Feb. 7 ... 108.8 52.9 96.5 190.9 Feb. 8 ... 108.1 54.1 96.3 190.7 1 NEW YORK, February 8. (Received February 9, at 1 p.m.) DOW JONES’S AVERAGES. 1926 = 100. Sales, 20 Rail- Indus- . 1,000 roads. trials. shares. Jan. 6 ... 32.25 151.19 340 Jan. 8 ... 32.18 151.34 630 Jan. 9 ... 31.81 149.84 670 Jan. 10' ... 31.85 150.15 600 Feb. 5 ... 30.50 145.00 410 Feb. 6 ... 30.73 145.93 540 Feb. 7 ... 30.83 146.63 490 Feb. 8 ... 31.46 148.40 870