LATE COMMERCIAL

Evening Star, Issue 22465, 9 October 1936, Page 12

LATE COMMERCIAL

LONDON STOCK EXCHANGE. Press Association —By Telegraph—Copyright LONDON, October 8. (Received October 9, at 1 p.m.) The following are the latest quotations of Government securities:—

FOREIGN EXCHANGES. (British Official Wireless.) Press Association—By Telegraph—Copyright RUGBY, October 8. , (Received October 9, at 1.30 p.m.) The following are the mean dosing

PRICE OF GOLD. Press Association—By Telegraph—Copyright LONDON, October 8. (Received October 9, at noon.) Fine gold is quoted at £7 2s 3d an ounce. BUTTER AND CHEESE. Press Association —By Telegraph—Copyright LONDON, October 8. (Received October 9, at 1.30 p.m.) Butter: Irregular. Kangaroo, choicest New Zealand, 101 s to 102 s: unsalted Australian, 102 s; New Zealand, 102 s to 103 s; Danish. 125 s to 126 s. _ Cheese: New Zealand white, 69s 6d to 70s; coloured, 665. No Australian offering. NEW, GUINEA GOLD SHARES. Press Association—By Telegraph—Copyright LONDON, October 8. (Received 1 October 9, at 1 p.m.) New Guinea Gold shares are quoted at 3s 10id. BRADFORD MARKET. Press Association—By Telegraph—Copyright LONDON, October 8. (Received October 9, at 11.30 a.m.) Bradford tops: Merinos—Seventies, 33d; sixty-fours, 32d; /sixties, 31d. Cross-breds—Fifty-eights, 26d ; fiftysixes, 21 Jd; fifties, 16d; forty-sixes, 14Jd; forty-tours, 133 d. Merino fine cross-bred tops are very firm, with a hardening tendency,. • DOLLAR AND FRANC. Press Association—By Telegraph—Copyright LONDON. October 8. (Received October 9, at noon.) The dollar is quoted at 4.89 J. The franc is quoted at 104 13-16. BEET SUGAR. Press Association—By Telegraph—Copyright LONDON, October 8. (Received October 9, at 1 p.m.) Beet sugar, 4s 3Jd. BANK OF ADELAIDE DIVIDEND. The directors of the Bank of Adelaide have declared an interim dividend of 4 per cent, per annum. SEARCH FOR GOLD. BLACKWATER MINES. Blacikwater Mines Ltd. report that the return for the month of September was as follows: Crushed 3,664 tons yielding 1,308 fine ounces of gold from all sources the value of which, taking gold at 137 s per fine ounce, was £8,962. Working expenses were £6,453, leaving a working profit of £2,509. Development expenditure was £992 and capital expenditure was £252. Development work carried out during the month: — No. 13 level, north drive, was advanced 71ft on reef averaging 22in in width and 21dwt in value. No. 13 level, south drive, was advanced 75ft in blaqk. Since the end of the month the reef has again been disclosed in the level. GOLDEN DAWN RETURN. The Golden Dawn Company reports that for 12 working days ended October 3, 716 tons of ore were treated for £1,807 at £7 2s per gold ounce.

AUSTRALIAN MARKETS, Press Association—By Telegraph—Copyright SYDNEY, October 8. The wheat market was less active owing to reports of rain in the Argentine, which caused prices to react locally. Grain at country sidings was quoted at 4s 3id, equal to about 4s 9Jd. ex trucks, Sydney. Flour, £l2 6s. Bran and pollard, £6 15s. Potatoes: Tasmanian, £ll . 10s ; others, £8 10s. Onions: Victorian brown, £lB. Maize: Yellow, 4s 6d. WHEAT, FLOUR, ETC. Press Association—By Telegraph—Copyright LONDON, October 8. (Received October 9, at 1.30 p.m.) Wheat: Cargoes quiet. Parcels are quiet. Futures quotations—London: October, 38s 2d; January, 39s OJd. Liverpool: October, 8s 3d; December, 8s IJd; March 7s 7d and 7s Bd. The spo' trade is quiet. Flour: Australian (ex ship), 42s 3d; ex store, ?9s 6d to 30s. Chicago futures—December, 1141 cents per bushel; May 112 J; July 97J. BANK OF ENGLAND RETURNS. Press Association—By Telegraph—Copyright LONDON, October 8. (Received October- 9, at 11.30 a.m.) The following is the Bank of England return : ISSUE DEPARTMENT. Note issue in circulation ... ... £450,800,000 Bank department 57,800,000 Government securities 248,400,000 Other securities 300,000 Silver coin 300,000 BANKING DEPARTMENT. Rest ... ... 3,100,000 Public deposits 24,800,000 Bankers’ deposits ... ... ... 84,200,000 Other accounts 40,900,000 Government securities 79,800,000 Discounts and advances 9,300,000 Other securities 19,600,000 Note* in reserve .' ... ... 58,800,000 Rate of reserve to liabilities is 39.30 per cent. Bank of England discount rate remains unchanged at 2 per cent. SALES ON ’CHANGE: THIS DAY. Wellington.—Taranaki Oil, Is 6d; 4 per cent. Stock, 1955, £lO5 15s; Bank of New Zealand, 39s 2d; Auckland Gas, 235; Mount Morgan, 14s lOd; Selfridge’s (new), 29s 6d; Shillings Ltd, 18s 4d. Auckland (Morning Call). —Taranaki Oil, Is 7d; Northern Steam, ss; Mount Morgan, 14s 8d; National Insurance, 18s lid; British Tobacco, 43s 9d; Drug, 75s 6d; Woolworths (Sydney), £5 12s; Bank of Australasia, £ll 17s 6d; Stock (1940), £lOl 12s 6d. Noon call; Mount Morgan, 15s; Auckland Gas, 235; Goldsbrough, 33s 9d; Coles (rights), 35s 6d; Bank of New Zealand, 39s 3d; New Zealand Breweries. 51s; Broken Hill (con.), 57s 6d; New Zealand Stock (1943-46), £lO3 17s 6d; 1952-55, £106; Amalgamated Brick, £99 15s.

Christchurch.—Commercial Bank of Australia,, 18s 4d; New Zealand Refrigerating (£1 paid), 19s (2) ; New Zealand Breweries, 51s 6d (2) ;* Electrolytic Zinc (pref,), 46s 9d (3); Q. J. Coles (cum div. and ex rights), 76s lid, 76s 10d' (2); Mount Lyell, 29s lOd (2): Mount Morgan, 14s 9jd (2). Reported: Mount Lyell, 29s 9d; Bank of Australasia (late sale on the Bth), £ll 17s. Unlisted: Woolworths (Sydney, ord.), £5 11s 6di (7).

Consols, 2j per cent ... £87 8 9 Funding Loan, 4 p.c., 1968-9( 117 10 0 Assented War Loan ... 107 16 3 Conversion Loan, 3i ... 107 18 9 Victory Bonds, 4 ... 115 10 0 Commonwealth, '5, 1945-75 ... ... 112 3 9 Commonwealth, 3£, 1936-37 ... 100 15 0 Commonwealth, 4, 1943-48 ... 105 0 0 Commonwealth, 3i, 1948-53 ... 104 12 6 Commonwealth, 31, 1956-61 100 6 3 Commonwealth, 3, 1955-58 ... 94 17 6 New South Wales, 41, 1935-45 ... 101 17 6 Victoria, 3, 1929-49 ... 99 12 6 Victoria, 4J, 1940-60 ... 107 5 0 Victoria, 5, 1945-75 ... 112 8 9 Queensland, 3, 1922-47 ... 99 15 0 Queensland, 5, 1940-60 ... 107 8 9 South Australia, 3, 1916 (opt.) 89 17 6 South Australia, 5, 1945-75 ... 112 15 0 West Australia. 4, 1942-62 ... ... 103 18 9 Tasmania, 31, 1920-40 ... 102 IS 0 Tasmania, 4, 1940-50 ... 103 7 6 New Zealand, 41, 1948-55 ... ... 108 0 0 New Zealand, 31, 1940 ... 103 0 0 New Zealand, 3, 1945 ... 100 5 0

rates:— Paris, franc to £1 ... 104 53-64 New York, dollar to £1 ... ... 4.89 9-16 Montreal, dollar to £1 ... 8.99i Brussels, belgas to £1 ... 29.08 Geneva, francs to £1 ... 21.264 Amsterdam, florin to £1 ... ... 9.19* Milan (nominal), lire to £1 • ... 93 Berlin, reichsraarken to £1 ... 12.17* Stockholm, kroner to £1 ... ... 19.394 Copenhagen, kroner to £1 ... Oslo, kroner to £1 ... 22.40 ... 19.90 Vienna, schillings to £1 ... ... 264 Prague, kroner to £1 ... 1294 Helsingfors, marks to £1 ... ... 227 Madrid, pesetas to £1 ... 55 Lisbon, escudo to £1 ... 110 3-16. •Athens, drachmae to £1 ... ... 550 •Bucharest, lei to £1 ... 670 Belgrade, dinars to £1 ... 214 •Warsaw, zlotys to £1 ... 26 *Rio de Janeiro, pence to milrei* 4i Buenos Aires, pence to dollar ... 36 •Montevideo, pence to dollar ... 28* Bombay, pence to rupee ... ... 18* Shanghai, pence to dollar .... ... 14* Hongkong, pence to dollar. ... 14 29-32' Yokohama, pence to yen ..., ... 14 1-32 Batavia, florin to £1 ... 9.14* •Sellers.