COMMERCIAL AND FINANCIAL.

Evening Post, Volume LXXIX, Issue 71, 26 March 1910, Page 4

COMMERCIAL AND FINANCIAL.

BANK OF ENGLAND RETURN. By Telegraph.— Freas AmocAUion.— Copyright LONDON, 25th March. The Bank of England return issued for the week ended Wednesday, 23rd March, is as under: — Issue DarAaTMENT.I Vote Issue, £50,966,000 Gor. debt £11,015,000 Otb«r securities ... 7,484,800 Gold ... 32,517,000 £50.906,001 £5».06«,000 BjUfXixa DzrxßTxzirr. Pr'priet'rs* Got. stcurl. capital £14,553/(00 ties ...£13,976.000 Public de- Other secuposits ... 7,258,000 rities ... 30,428,000 Other de- Nous ... 28,189,000 posits ... 42,42.7,000 Coin ... 402,000 Best, 7-day and other bills ... 2,762,000 £66,196,000 » £66,996,000 The leading items of the Bank of England return afford the following companion: — Thißw«ek. Last week. Last year. £ £ Bnllion... 32^)7,000 33,112,000 .39.347,000 Reserve... 22^591.000 24,943,000 30.712,000 Note cir'u 28,777,000 27.903,000 1i8.650,000 Deposits 49.jti81.000 50,5-10,000 62,572,000 Proportion reserye to liabilities 47.45 49.32 49.05 GOVERNMENT SECURITIES. The following are the latest quotations for Government securities, with a comparison of those ruling last week: —

* Intecait payable in May aad Noremher. t Interest jmyabla in January and J uly. j Interest payabl* in April anil October. MONEY MARKET. The Bank of England rate of discount remains at 4^- per cent., to which it was raised an 17th March. The opou market rate of discount for best three month* bills is 1 higher at 3 11-16 per cent., and short loans are | lower at 31 per cent. The open market rate for three months bills in Park is 1 higher, at 2j per cent., while in Berlin it ia unchanged st 3| per cent. BUTTER AND CHEESE. Butter. — The market is easier, the holidays checking- business. Danish is weak at 123s to 129s per out, secondary 116 ato 116s. The quality of many brands is somewhat unsatisfactory. New Zealand choicest, 122s to 1245; secondary, 116s to 120s; Argentine, 122»; Siberian, 120s to 1225. Cheese. — Market firm. New Zealand coloured, 60s to 61s per «wt; white, 62s to 635. METAL MARKETS. Copper.— On the spot, £58 16s 3d; tbreo months, £59 17s 6d; electrolytic, £62. Tin.— On the spot, £148 7i 6d; threemonths, £150 7s 6d. Lead.— £l3. Spelter.— £23. Iron.— sls lOd. Sugar. — German beet, 14* 8d; first marks granulated, 16s 7d. WOOL. The Bradford wool market shows a cheerful tone. Prices for merinos are hardening. Forties, 16d; forty-sixes, 17Ad ; common sixties, 262 d." super, 27 jd ; sixty-fours, 28£ d. LONDON . MARKETS. (Received March 26, 8.55 a.m.) LONDON, 25th March. Copra. — MarKet firm. South Sea, iv bags, £25 ss. Business is limited, owing to small offerings. Rabbit Market. — Flat, and prices unchanged. Cotton, 7.86 id.

Price. oomparad with lsst week. !J% Impeii»l Coniol* ... I % New tionth Wales ... l\% New fcocth Wales ... I % Hew bouth Wales ... L % Vjctonoa l|% Victorian t % Victocun \\% South Australian ... t % South Australian ... L % Queeailand 'i§> Wueensland I % (joscniland \ % bewZealaad* i|% NeirZealaodf I % New Ze«Un4J 11% Westrmiian I % WestrsJian \\% Tasmunian I % TaiMiaoian £ 8. d. 8J o 0 1(17 S (l 98 7 6 87 10 0 103 Vi 6 M 10 0 M 15 0 88 0 0 84 10 0 104 0 0 98 10 0 MOO I*6 10 0 97 13 b 87 0 0 09 0 0 89 0 0 97 10 0 86 10 0 17,6 hirhtr 10. hig-lier 5!,6 lower Unchanged i/ti higher Unchanged 15/- higuer Unchanged Unchanged Uuchau«ed Unchanged Unchanged Unchanged 12, d lower Unchanged %6 higher Uuouanged Unchanged Unchanged