VICTORIA INSURANCE COY.

Sun (Auckland), Volume II, Issue 559, 11 January 1929, Page 12

VICTORIA INSURANCE COY.

HEAD OFFICE FOR AUCKLAND DUNEDIN, Thursday. Acting under instructions from the ■in'v V’ e Y* ct ° ria Insurance Com? " xr b bas its headquarters in Mel-mana-er -NT?" v' f larper - th « general manat,ei m New Zealand, is now making arrangements to change the headquarters to iueMaTd Zealand offlce frora Dunedin The change-over is a more or less formal afrair, and has been decided on by the directors in. order to effect a rearrangement of the internal affairs of the company. It will not affect the business of the various branches in New Zealand in any way whatever, but Mr. Harper will remove from Dunedin to Auckland. The company’s activities in the Dominion were commenced in Dunedin many years ago. BANK OF ENGLAND RETURN (Australian and N.Z. Press Association) (United Service) Rec.d. 9.5 a.m. LONDON, Thursday. The following is the Bank of England return:— ISSUE DEPARTMENT £ Notes issued 419,089,000 Government debt 11,015,000 Other Government securities 233,629,000 Other securities 10,171,000 Silver coin 5,185,000 Gold coin and bullion . . . . 154,284,000 BANKING DEPARTMENT £ Proprietors’ capital 14,553,000 Rest 3,497,000 Public deposits 109,995,000 Other deposits 104,305,000 Seven-day and other bills . . 4,000 Government securities . . . . 57,737,000 Other securities 30,656,000 Notes 44.767,000 Coin 195,000 The proportion of reserves to liabilities is 38.90 per cent. Short loans are quoted at 3 h per cent., and three months’ bills at 4 11-32 per cent.