COMMERCIAL

Evening Star, Issue 19793, 17 February 1928, Page 7

COMMERCIAL

AUSTRALIAN MARKETS. Tress Association—By Telegraph—Copyright SYDNEY, February 16. Wheat,—At country 7 stations, 4s 5Jd ; ex truck, Sydney, 5s Id, Flour.—’fhe export trade is still lifeless; local, £l2 ss. Bran, £7. Pollard, £B. Oats.—Tasmanian white, ss; Algerian, 4s 6d to 4s lOd. Maize, 3s 6d to 3s 9d. Potatoes, £6 to £7 10s; local, £4 10s. ADELAIDE, February 16. Onions.—Victorian, £l4. Wheat.—Growers’ lots, ssj- parcels, 5s 2sd. Flour, £l2 12s 6d. Bran, £6 16s. . A Pollard, £7 7s 6d. Oats, 3s 2d to 3s 4d. MELBOURNE HIDE SALES. MELBOURNE, February 16. At the hide sales kips and stouts were unchanged, with other classes id to id lower. bank of England” returns. Press Association—By Telegraph—Copyright. LONDON, February 16. (Received February 17, at 11.35 a.m.) The following is the Bank of England return;— ISSUE DEPARTMENT.

The propoi lion ol reserves to liabilities is S 5 0 per cent. Short loans are quoted at per cent., and three-month hills at 4 3-16 per cent.

SYDNEY WOOL SALES,

Press Association—By Telegraph—Copyright.

SYDNEY, February 16. (Received February 16, at 11.58 p.m.) The week’s wool sales closed with a. good demand for all sections at full rates. Comebacks and all grades of cross-breds were in keener request. MELBOURNE MARKETS. MELBOURNE, February 17. (Received February 17, at 11.20 a.m.). Wheat, 5s 21d to 5s 3d. Flour, £l2 12s 6d to £l2 17s 6d, Bran, £6 15s. Pollard, £7 10s. Oats, 4s to 4s 4d. Barley—English, sellers, 5s sd; Cape, 4s Gd. Potatoes, £4 to £5. Onions, £ll. SALES ON ’CHANGE; THIS DAY. Auckland. —Bank of New Zealand, 58s 6d; Taranaki Oil, 10s 6d. Reported; National Mortgage, 745; Soldiers’ Loan, £101; Government 5J per cent (1936), £lOl 2s 6d^ Wellington.—Reported; New Zealand Breweries (bonds), £1 3s; New Zealand Insurance, £2 0s 6d. Wellington.—Reported : 5i per rant, inscribed stock (1033) £lOl 2s 6d, fji per cent, bonds (1933) £lOl 2s 6d; New Zealand Loan and Mercantile Agency (ordinary), £97 10s; Electrolytic Zinc (pref.), 32s 4£d._ Christchurch.—Commercial Bank of Australia, 27s 8d (3 parcels): National Rank of Australasia (£5 paid), £8 19s 6d: Christchurch Gas (7s 6d paid), 8s 8d; New Zealand Breweries, 43s 3d.

Note circulation ... ... ... £134,282,000 Notes in reserve ... 42,656,000 £176,937,000 Government debt.*. ... ... ... ... if. £11,015,000 Other securities •-* ... ... ... 8,735,000 Gold coin and bullion 157,187,00(1 £176,937,000 BANKING DEPARTMENT. Proprietors' capital ... ... ... £14,553,000 Rest 3,605,000 Public deposits ... ... 12.970,000 Other deposits ... ... 101,137.000 Seven-day and other I bills ... 3,000 £132,268,000 Government securities £36,296,000 Other securities ... ... ... ... 52,508,000 Note* in reserve ... ... ... ... ... 42,665,000 Gold and silver coin 809,000 £132,208,000