COMMERCIAL

Evening Star, Issue 23863, 18 April 1941, Page 3

COMMERCIAL

RESERVE BANK THE WEEKLY STATEMENT (Peb United Press Association.) WELLINGTON, April 18. The following is a statement of the assets and liabilities of the Reserve Bank as at the close of business on April 14; — —Liabilities.—

AUSTRALIAN MARKETS Press Association—By Telegraph—Copyrigli! SYDNEY, April 17. The wheat market is brisker, although' prices are unchanged. Silo grain is quoted at 3s llid, bagged at 4s Flour, £l2 13s. Bran and pollard, £6. Potatoes: Tasmanian, £7 10s; others, £6 10s. Onions: Whites, £l7. Maize, 4s 6d. AUSTRALIAN STOCK EXCHANGES Press Association—By Telegraph—Copyright SYDNEY, April 17. On the Stock Exchange a large proportion of to-day’s business was done at steady rates, although an atmosphere of caution was noticeable. . Commercial Banking of Sydney, £lB 9s; •Australian Gas (A), £5 ss; Huddart, Parker, £2 6s 6d; British Tobacco, £2 7s 6d; Sargents, £1 2s 6d; Winchcorabe, Carson, £1 4s 3d; Milliquin Sugar, £2; Broken Hill Proprietary (cont.), £1 2s 7d; Arahura, £1 2s 6d. MELBOURNE, April 17. National Bank (£5 paid), £5 17s; Dunlop Pedriau, £1 Os 3d; Hume Pipe, £1 2s 6d; Loloma, £1 Is 3d. MINING NEWS NGAHEHE RETURN. ’ The Ngahere return for the period April 4 to April 15 was 1670 z from 66,521yds worked in 139 hours.

Apl. 7. £ 1. General Reserve Fund 1,500,000 2. Bank notes ... 21,721,119 3. Demand liabilities— (a) State ... 8,498,323 (b) Banks ... 12,690,193 (c) Other ... 600,477 4. Time deposits — 5. Liabilities in cur-. rencies other than' New Zealand currencies ... ... 7,577 6. Other liabilities 1,182.372 Apl. 14. £ 1,500,000 21,901,755 8,206.835 12,252,387 863,059 20,076 1,467,527 Total ... £46,200,063 —Assets.— 7. Reserve— £46,211,641 (a) Gold (b) Sterling ex2,801,873 2,801,873 changes (c) Gold ex19,550,718 >9,535,794 change — — 8. Subsidiary coin 9. Discount — (a) Commercial and agricul88,118 85,693 tural bills ... (b) Treasury ant local body 1 bills 10. Advances — (a) To State or State undertakings— (1) Primary Produce Marketing De3,019,894 partment (2) For other 2,979,434 purposes (b) To other public authori15,500,000 15,500,000 ties ..: ... — — (c) Other — 3,772,569 11. Investments ... 3,772,569 12. Bank buildings — — 13. Other assets ... 1,507,347 1,495,815 Total ...£46.200,063 Proportion of reserve (No. 7 less No. 5) to notes and other £46,211,641 demand liabilities 51.356 p.c. , 51.632 p.c. Sterling exchange Zealand currency. is expressed iu New