COMMERCIAL AND FINANCIAL BANK OF ENGLAND RETURNS.

Evening Post, Issue 51, 29 February 1908, Page 4

COMMERCIAL AND FINANCIAL BANK OF ENGLAND RETURNS.

By Telegraph.— Press Association.— Copyright. (Received February 21, 7.22 a.m.) LONDON, 28th February. The Bank of England return issued for the week ending Wednesday, 26th inst., is as under: — Issue Dbpaetmbst. Note issue! £56,405,000 Got. debt £11,015,000 Other sccuri- ' tiea ... 7.454.0C0 Gold ... 57,956,000 f5C.i05.000 £56,405,000 Banking Department. Pr'priefc'rs" Gov. seearicnpital £14,553,000 lies ... £14327,000 Public de- Other 68posits .. 17,716,000 ourities... 34.940,000 Other de- Notes ... 25.594.000 posits... 43,7i9,000 Coin ... 1,336,000 Eest, 7-day and other Dills ... 8,220,000 £79,227,000 £78,27,000 The leading items of the Bank of England return afford tho following compariEon: — This week. Last week. Last year. ■£ £ £ Bullion... 37,956,000 37.408,000 35,323 000 Reserve... 29,i'60.000 29,011,000 27 274 000 Note oir'n 27,811,000 27.580,000 27 885 000 Deposits 61,445,000 55,326,000 57,721,000 I'rbportion reserve to liabilities 49.13 52.45 47.2 a GOVERNMENT SECURITIES. The following are the latest quotations for_ Government securities, with a comparison of those ruling last week: — Variations Price. e^X 8 * last week. £ b. d. "" 2\% Imperial Consols ... 87 7 C Unchanged 4 % New South Wales ...110 0 0 Uuohanged Sk% New South Wales ... 09 10 0 Unchanged 3 % Now South Wales ... 93 0 0 Uucbaugeil i % Victorian 101 0 0 Unchanged 3£<§ Victorian 101 o 0 Unchanged 3 % Victorian 89 10 0 Unchnnirod 3J% South Australian .. 100 0 0 Unchanged 3 % South Australian ... fiS 0 0 Unchanged 4 % Queensland 107 0 0 Unchanged 3J% Queensland I(X> 0 0 Unchuoged 3 % Queensland 00 0 0 Unchanged i % New Zealand* ... 109 0 0 Unchanged 3J% New Zealand! „ 100 0 0 Undhttuged 3 % New Zenliindj ... 90 0 0 Unchanged S£% Westralian 88 10 0 UnchauK'd 3 % Wostruliau 88 0 0 Unchanged 6J% Tasmaclan 99 15 0 Unchautfed 3 % Tasmanian 89 0 0 Unchanged * laterett payable in May and November, t Interest payable in January and July. } tot^est jp^hie u\ agd. Qctofcsi!

THE MONEY MARKET. The Bank rato of discount for best thrco months' 'bills is unchanged at A pec cent. Tho open market rato ia 1-3 lower nt 3i per cent. COLONIAL AND OTHER PRODUCE. I Wheat. — Tho markets aro firm owing to activity in America, whero supplies aro fulling off, and speculators trying to cover short accounts, but legitimate business is I samall in face of tho enormous quantity available. Cargoes are firm with a littlo onquiry — 35s 6d was paid for a steamer parcol of Australian afloat. Males of Australian, spot, have beon mado at 37s to 37a 6d. Flour. — There is a fair business, March-April shipment sold at C7s 6d landed. Butter. — Tho market has collapsed. Tho Copenhagen committeo lowered quotation for Danish 18 kroner, making London prico about 120s. Thoro ia no business doing in colonial, which is nominally worth about 120s. Retailers aro still forcing margarine butter. It is expected that lower pricps will revive the demand. Woof. — Tho Bradford tops market is slow of sales. Quotations are — forties, Hid; forty-sixes, 13d; common sixties, 24^d; super, 26d. Sugar.— Tho market is steady, German beet, f.0.b., Hamburg, 10s ncr owt, an increase of 6d ; first marks, 11s lOd. THE METAL MARKETS. Copper.— Spot, 5s higher at £58 per ton ; three months, 10s higher at £58 10s per ton. Tin.— Spot, 32s 6d higher at £128 7s 6d ; three months, 45s higher at £128 per ton. Lead.— 7s 6d lower ac £13 12s 6d per ton. Spelter.— 2s 6d lower at £21 2s 6d per ton. THE WELLINGTON HIDE AND SKIN SALES. Tho telling brokers, Messrs. Dalgety and Co., Levin and Co., Murray Roberts and Co., Abraham and Williams, and tho Loan and Mercantile held their usual fortnightly sale yesterday. Catalogues woro fairly representative, and competition was up to the average. Hides were again in good demand, and prices for heavy sorts hardened, rates showing an increase of from gd to id per lb on last salos. Sheepskins on the other hand reflected the easier condition of tho Homo market, and tho dullness of the American demand, and tho local quotations for pelts declined from id to Id per lb. Quotations wero as follows: — . Hides.— Ox superior, 6Xd to 7d por lb; medium, s^d to 6£d ; light, 4^d to sd ; cow, superior, 5d to SAcI; light, 3^d to 4Sd; calf skins, 3Ad to 42d; calf cut, 3d to 31d; bull hides 3ld to Ss. Sheepskins. — Fine crossbred, and halfbred, sjd to 6Ad lb ; coarso and medium crossbred, 32<J to 53d; dead and damaged, 2d to 4d; broken and inferior, Id to 2d; lambs, 3ijd to 5Jd; dry pelts, lid to 3£d ; grcon skins, 9cl to 2s Yd. Tallow.— ln shipping order, 21s 6d to 25s 6d por cwt ; inferior, 18s to 19.5 ; rough fat, 14s to 16s; in tins, 16s to 20a 3d. Wool.— Piecos and locks, Id to 22d; dead, 4fd; rough crossbred, 4£d. WELLINGTON PRODUCE MARKET. Laery and Co., Ltd., Wellington, report wholesalo prices ruling on tho market:—Wheat, fowls 5s 2d to 5s 4d; oats 2s lOd to 3s ; seed oats, 3s 2d to 3s 4d ; maizo, 4s lOd to ss ; crushod malt, S.s ; Prussian blue peas 6s to 6s 6d, foul peas 4s 6d to 4s 9d, all at per bushel ; flour, Now Zealand £12, Australian £12 10s -, bran, •£6 to £6 ss ; pearl barlov, £18; split peas, £18; boncdu«t, £6; superphosphates, £4 15s to £5 ss; chalf (oatenshcaf), £5 to £5 103; oatmeal, £13 10s; now potatoes, whites 8s to 9s 6d, rods 63 to '7s cwt; bacon, factory sides 83d; hams 9il, rolls 9£d ; buttor, bulk lid to Is Id; poultry, hens 2s 6d to 3^5 ; t'ueks, 53 6 J ; turkeys, gobblers 153 to 2?s, hens 8s to Vs, all at per pair; cauliflowers, 4s to 3s 6d; cabbages, 4s to Bs, all nt por sack; peas (groon), Or] ro I*j pc peck; fresh o^trn, Is 3d to 1-, 5d por dozen : cheese. 6d ' to 6£d por lb ; onions, £8 10s to £9 per ton; Akaroi cocksfoot. 7d to 7?d ; ryegrass, 4s to 5s per bushel. Tho Now Zealand Loan and Morcatitilo Agency Company. Limited, hns received tho fciliowi'ncr cablegram from London dated 57th F^brna^v: — "Wo qunto jn-escnt spot value for thn follo" - ing description's nf i-\ll<Tw — Fine mutton. ."1" w cwt ; good beef. 29s 7d nor cwt; mixed, 23s por cwt. Market dull."