COMMERCIAL AND FINANCIAL

Evening Post, Volume LXXVI, Issue 106, 31 October 1908, Page 4

COMMERCIAL AND FINANCIAL

BAJSTK OF ENGLAND RETUKN. By TelejrMph.—Preas AKioolation.—Copyright. LONDON, 30th October. l The Bank of England return issued for the week ending Wednesday, 28th OotOber, is as under: — Issue Bepj\stment. Note issue £53,201,000 <Joy. debt £11,015,000 i Other secuvi- ; « ties .., 7.434.000 •Gold ... 34,752,000 dE58.201.000 £53,201,000 Banking Di paktment. Pr'pi-iet'rs* Gov. securionpital £14,553,000 ties ... £14,751,000 Public de- Other eepoaits ... • 7.150,000 enrities... 25.655.003 Other <io- Notes ... 2i,Ct2.000 posits... 41,290,000 Coin ... 1,025,000 Best, 7-day aud other bills ... 3,G5i,000 £6G.655,000 f66.653.000 The leading items of the Batik of England return afford the following comparison; — This MTGek. Last week. Last year. £ It £, Bullion... 34,752,000 34,993,000 28,871000 Eesefve... 20,267.000 26,I r J5,000 20,834,000 Note cir'u 28,559,000 28,fj9-t,OOO 29,346 000 Deposits 48,446,000 50,.616,000 53,138,000 Proportion, reserve to liabilities 53.62 51.70 39.91 GOVERNMENT SECURITIES. The following are the Jatest quotations for Government securities, with a comparison of those rjling last week: — i

THE MONEY MARKET. Tho Bank of England discount rate is 2i per cent., to which it was reduced on May 29. Three months' bills in London are i higher at 2 per cent. Siiort loans aro 4 higher at 1 per cent. COLONIAL AND OTHER PRODUCE. Wheat.—The markets are firm and confident, reflecting the feeling in America. Some damage by frost is reported from Argentine. Cargoes are firmly held. 10,000 quarters Adelaide or Victorian, December-January, 363 6d. Spot parcels aro quiet at 4Cs 6d to 41s. Flour.—The market is steady; London, 263 to 27s ex store. In Glasgow sellers are asking 26s 9d to 27s c.i.f. Buttor.—The market is firm; Danish, 130s to 131s. There ia a good demand for choicest colonial at 118s-to 1225, especially unsaltec!, which rules at about 2s above salted. SiJgar. —German beet, 10s per ,cwt; first marks, lls 9d f.o.b. Hamburg. Wool.—The Bradford market is unchanged, with a better tone. THE METAL MARKETS. Copper—Spot 12s 6d higher at £6112s 6d per ton; three months, 13s 9d higher at £62 10s per ton; electrolytic, £63 15s per ton. Tin—Spot 2s 6d higher at £134 per ton; three months, 2s 6d higher at £135 12a 6d. per ton. Lead—3s 9d lower at £13 2s 6d per ton. (Received October 31, 0.50 a.m.) LONDON, 30th October. Silver is quoted at 23 l-16d. At the kauri sales 251 , cases were offered and 75 sold. Prices wero unchanged.

Price. Variations compared with last week. 2}%. Imperial Consols i % New South Wales ... 3V*j New South Wales ... 3 % Kew South Wales ... ■4 % Victorian '■*h% Victorian 3~% Victoriau 3i% South Australian !i~% South Australian •1 % Queensland UJ% Queensland 'J~% Queeuslaud 4 % Ivew Zealaoid* .3i% New Zealaudt 3 % JNew Zealaudj 3J% WebtiiUinn 3 % AVesiraliau „ Hk% Tosniauiuji |3~/b 'i'uainanian £ 8. d. 81 15 0 10b 0 0 90 0 0 87 C 0 104 0 0 IUJ 0 0 89 0 0 99 0 0 «5 15 1) IQG 10 0 100 0 0 37 10 U ICG 10 0 10u 0 0 87 10 0 97 10 0 bG 12 t 99 0 0 b3 0(1 XJncUanecd Unchanged Uuchangtid Uuchmgcd Uuclianijred Unchuuged 5/- his bet b ncuauged Unchauged Uuchauged Uncliuliged 5/- higher XTncbauKed Unchaujred Unchanged UuuUan^ed Unchimged Uuchauged Uuchauifed * luterest payuble in M f Interest payable iv Ja J. luterest payubie vi Aj 'ay uud No muary and nril aiid Oi ,-omDer. JiUy. itxjber.