COMMERCIAL.
BANK OF ENGLAND RETURNS.
(Australian Press Assn.—United Service.)
(Received 10 a.m.) LONDON, November 8. The Bank of England returns for the week ended November 8, as compared with those for the week ended November 1, are as follow:— Nov. 8. Nov. l. £ £ Note circulation . 133,935,000 134,502,000 Coin 164,489,000 164,921,000 Notes in reserve .. 49,359,000 48,705,000 Govt, deposits .. 17,739,000 14,133,000 Other deposits .. 99,589,000 103,523,000 Govt, secnrlties .. 44,553,000 42,623,000 Other securities .. 39,690,000 42,562,000 Proportion reserve to liabilities 43.20 42.60 SHORT LOANS AND BILLS. Short loans, 3} per cent, are same as last week, and three months' bills, 4| per cent, compare with 4 7-16 per cent last week. DAIRY PRODUCE. A BETTER DEMAND. (Australian and N.Z. Press Association.) (Received 1 p.m.) LONDON, November 8. Butter is in better demand, and new arrivals are clearing well. Choicest salted New Zealand, 174/ to 176/. Exceptional 178/; Australian, 166/ to 170/; unsalted, New Zealand, 186/ to 190/; Australian, 180/ to 182/; Danish, 196/. Cheese.—Market steady. New Zealand, white, 106/ to 108/; coloured, 105/ to 106/; Australian coloured, 104/. BRADFORD TOPS. (Received 1 p.m.) LONDON, November 8. The Bradford market is dull. Topmakers have slightly advanced quotations, but users are not responding. 64's, 46%il • 60's, 43Vid; 56's, 33d; 50's, 28cl; 46's, 23d: 40's, 22d. WHEAT VALUES. CHICAGO. Nov. 8. ' Wheat for delivery in December is quoted at Chicago at $1.14 per bushel. For March delivery the rate is $1.19%, and for May $1.22. (Received 11 a.m.) LONDON, Nov. 8. Wheat cargoes are dull at mostly threepence to sixpence lower. Unnamed Calcutta wards, 45/3. Parcels receive no attention at similar declines. Liverpool futures: December 9/2% per March 9/2%, May 9/2%. The spot trade is slow and easier. Australian, ex ship, 49/. Flour is quiet. Australian, ex store. 34/.
Oats are slow. Australian, Algerian, 27/ to 28/; A Gartons, 31/ to 33/. Peas dull. ? lu ? *° 3®°/; New ZealajMI ajM 360/. Maples, Tasmanian, 75/ to 80/. New Zealand beans, 48/ to 50/.
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Bibliographic details
Auckland Star, Volume LIX, Issue 266, 9 November 1928, Page 9
Word Count
323COMMERCIAL. Auckland Star, Volume LIX, Issue 266, 9 November 1928, Page 9
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