COMMERCIAL AMD FINANCIAL.

Evening Post, Volume LXXIX, Issue 83, 9 April 1910, Page 4

COMMERCIAL AMD FINANCIAL.

BANK OF ENGLAHTD RETURN. By Ttleffrtpb.— Turn AMooltlloii.— Copyright LONDON. Bth April. The Bank of England return lvued U the week ending Wednesday, 6tli Apri is ai under : — ISSIC D3PA»TiIE*r. Note Issue, £40,477.000 Got. d«ht £11,015,0 Other wrnMile* ... 7.4*4,0 Oold ... 32,02*,0 £30,477,000 £50,477,0 11*911X0 DEPAITVEXT. Pi 'pri«t'ra' Uov. Mcuric»MUl £14,553,00? ties ... £18,475.0 Public de- Othtr aecuposiU . 10,67"J,000 ririe* ... 33,933,0 Other da- Note* ... 81.545.0 pouta .. 4a.86*,000 Coin ... 1,i».0 Bert, 7-d>y and other bills . . 3,133,000 t75.t2J.000 i.75.223,0 The leading item* of th» Bank of En; land return afford th* folloving compai ■on: — / This week. La»t ireelc. Last jea £ £ A Bullion ... 32.028.000 32,286,000 37,91 1, (X Beserre... 22.765.000 23,299,000 27.915,04 Note cir'n - ) 8,93i,000 28.740.000 30,008,01 Deposit* 37,537,000 51,990,000 59,057,01 Proportion reserve to liabilities 39.55 44.81 47.23 GOVERNMENT SECURITIES. Tho following are the latcit quotatioi for Government lecuruiet, with a cor pariion of tboto ruling last week: —

MONEY MARKET. The Bank of England rate of discount remains at 4 per cent., to which it was raised on 17th March. A year ago the rutc was 2} per cent. Tho open market rate of discount for best throe months bills is 1-16 lower, at 3 13-16 per cont. A year ago it was 1J per cont. Short loaiis are i lower, at 5% per cent. A year ago tho price was 1 per cent The. open market rate for threo months bills in Paris is unchanged, nt 2i per cunt., whilo in Berlin it is | lowor, at 3 per cent. COLONIAL AND OTHER PRODUCE. Wheat.— Tho markets are stoady, with a fair business, and some Continental enquiry. A cargo of Australian and 12,000 quarters (96,000 bushels) sold at 39s 6d per quarter. Holder-, aro asking 39s^ 6d per sailor, April shipment, 39s 3d rebruary shipment, parcels afloat. Thero is a small rotail demand for Australian on spot. Thero is nothing doing in New Zealand wheat, which is quoted at 35s to 36s 6d c.i.f, April-May stoamei. Floui.— There is nothing doing. Snot supplies aro exhausted. Sales at Glasgow, Slav shipmont, at 29s 9d landed. Oats. — There is a poor demand, and prices aro about unchanged. A quulity, Cartons, at 18s 3d to 18a 9d 0.i.f., April shipment; La Plata, April-May ohipnieiit, 14s 3d. Butter is very nrn<, nnd there is excellent demand. The Ostorloy's cons-ign-meiit ha 3 been all cleared at lato rates for choicest New Zealand, duo SaturSugar.— Gorman beet, 88deg., Is higher, at 14s 8d per owt. ; first mark granulated, f.o.b. Hamburg, Id higher, at 16s Bradford Toils.— The. market Is very firm. Sixty-fours 283 d, other counts unchanged. THE METAL MARKETS. Copper.— On spot, 7s 6d lower, at £67 18s 9u per ton; three months, 6s 3d lowor, at £59. Tin.— On spot, 32s 6d lowtr. at £150 7s 6d per ton; three months, 30s lower, .at £152 10s. Load, £12 16s per ton. Pig-iron 51« 6a per ton, Spcltei, £23 per ton. (Received April 9, 10 a.m.) LONDON, Bth April. Silver is quoted at 24 l-16d per ounce. the London' markets. Messrs. Dalgety and Co., Ltd., report having received the following cablo messages from their London houso under dato of tho 7th instant :— Frozen Meat : Tho demand for all descriptions of frozen meat is less, having bcon affected by unfavourable weather. Prices for frozen muttou, of which stocks are small, aro from id to id lower, but recovery is possible. Prices for lamb, which looks as if it has touched top, are this week 4il lower. For beef, any chango in C rices is in favour of buyers. There aro cavier supplies of chilled coming for* ward. Buyers generally aro holding back, expecting to do better later on. Tallow : Sinco our last wire Drcscnt prices, which aro about nt the parity of recent c.i.f. sales, are Is 6d higher.

Fric*. Variations! couiitated with last week. ',\% Imperial Couoli ...I k % Neir South W*lci ..., [;% N«.t South W«lm ... I J Mew South Wales ... I % Victorian IJ* Victorian I % Victorian l{% ttoath Auatnliaa ... I % Soutb Anatndian ... k % QueemUnd H% Uueenalaild I % Queensland \ %. hew Zealand* tyi, NewZeaUndt I % New Zealand) \\% Weatraliau t % Wevtralian \\% Taamanian I % Taamanian £ ■. <J. 181 5 0 107 0 0 9s W 0 87 10 0 103 10 0 98 » li 86 10 0 03 7 t> 84 10 • 104 10 0 87 0 0 67 0 I IUJ 10 0 07 18 fa B7 0 0 07 10 0 87 10 0 98 0 0 86 10 0 &'■ hlchef Uncha»fed Unchaofed Uucuauiisd ift hiKU?r Unchaufpul 7 0 higher Uuchunped 10/- liixnor &)<■ lower 30- higher UucbauKed Unchanged Uucbanjfed •l)j- loner 30/- lower IC/- higher Unchanged • Intercut payable in M f Interest payable in Ji * Interett payable in A] 1 and Noteinker. luaryand Jnly. ril and October.