COMMERCIAL AND FINANCIAL.

Evening Post, Volume LXXXI, Issue 23, 28 January 1911, Page 6

COMMERCIAL AND FINANCIAL.

BANK OF ENGLAND RETURN. By Telegrapli.— Press Association. — Copyright. LONDON, 27th January. The Bank of England return issued for week ending Wednesday, 25th January, is as under,: — Issue Dbtahtment. Note Issue, £53,474,000 Got. debt £11,015,000 Other securities ... 7,434,000 Gold ... 5a,025,000 £53,474000 £53,474;M0 BiNKIUfi EtEPABTjreKT. Pr'priet'rs' Gov.«ecnricspital £14,553,000 ties ... £14,953,000 Public da- Other ifiecuDoadts ... 11,248,000 rities ... 28,298,000 Other ac- Notes ... 26,223,000 posits ... 41,094,000 Coin ... 954,000 Best, 7-day and other bills ... 3,535,000 £70,-1?0,000 £70,130,000 The leading items of the Bank of England return afford the following comparison: —

GOVERNMENT SECUKTTIEB. The following are the latest Quotations for Government securiuss. with a comparison of those ruling last week:

THE MONEY MARKET. The Bank of England discount i-ate, which has stood at 4£ per cent, sinca Ist December, has been reduced to 4 por oenl. A year ago it was 3^. Tho open market rate for best three months bMls in London is 2s 6d higher on the week at 3f per cent.; a year ago it was 2j*d. Short loans, are 5s higher at 3| per ceat.; a ycax ago the quotation was 2£. In Paris the open market discount rate is 2s 6d lower at 2| per cent. (2| a year ago); and in Berlin it is unchanged at 3i per cent. (2i a year ago}. GRAIN AND FLOOR. Wheat. —The markets are quiet, with a restricted demand for cargoes. Holders are steady, and 37e per quarter is asked, and 36s 6d obtainable for South Australian^ off the coast; 36s is asked for Australian January-February steamer shipment, and 36b 3d for Victorian October sailer shipments, whilst 35s lgd has been paid for Australian January-February parcels. There 1c small demknd for Australian on the spot at 37s 3d, but a cargo has been sold at 36s 7^d. Mour.—The market is inactive, but prices are steady. Oats.—Market quiet. La Platas, MarchApril shipment, 13s 3d per quarter, COLONIAL AND OTHER PRODUCE. Butter. —Danish is unchanged at aibout 115s to 116b per owt. Choicest Australian, salted, ia 2s lower at 104s per cwt, and uusalted about tiie sauna ai 106s, with secondaries afc 96s to 98s. Choicest New Zealand makes 104s to 106s, and seeondarios 98s to 100s. Trade has been dull all, the week, but the market closed stea,dy at the decline. Cheese. —The market for cheese is very firm. New Zealand white aold at 58s, and coloured afc 59s to 60s. An Australian consignment has arrived in good oondition, and the consignees oonsider it worth about 2s bolow New Zealand Sugar.—German beet sugar, 88 per cent, net titre, is quoted at 9s, and first marks granulated at 11s (both unchanged on the week). BRADFORD WOOL MARKET. At Bradford tbe tops market is cheerful, and prices hardening. Quotations: 64's, 25j}d per lb; super 60's, 251 d; common 60's, 241 d; 66'b, 21d; 50's, lUd; 46's, 14id; 40's, 13|d. The only change is in 40's, which are id dearer. THE METAL MARKETS. Yesterday's quotations, compared with those ruling a week ago: — Silver.—ln bars, unchanged at 24£ d per ounce standard. Copper. —On the spot, 7s 6d lower at £55 5s per ton; at three months, 13a 9d lower at £55 16s 3d; electrolytic, 30slower at £56 12s 6d. Tin.—On the spot, HOs higher at £195 per ton; at three months, 110s higher at £195. Lead.—Soft toreign, Is 3d lower at £12 18s 9d per ton. Pig-iron.—Middlesbro' No. 3, 4d lower at 49s 4d per ton. (Received January 28, 10.30 a.m.) LONDON, 27th January. Bar silver is quoted at 24 7.16 d per ounce.

line week. Last week. £ £ Bullion ... 33,025,000 33,802,000 Reserve... 27.177,000 25,695,000 Sote cirn'^7,2sl,ooo 27,416,000 Deposits 52,342,000 50,090,000 t*raportion reserve to liabilities 51.89 51.23 Last year, £ 34,926,000 27,641,000 27,715,000 53,279,000 5L.85

Price. "Variations compared with list week. 2s3> Imperial Consols ... 4 % New South Wales ... 3^% New South Wales . 3 % New South Wales ... 4 % Victorian 3£% Victorian 3 % Victorian 31% South Australian ... 3 % South Australian 4 SQtieensUuid 35% Queensland 3 %QuBensland 4 i&Hew Zealand* 3i&Mew Zealandt 3 Zealandj Si'&Westralian 3 % WestnuEan 3iyoTasnianian ... 3 so'r&siniiniaii jb s. a. 79. 12 b 105 0 0 99 0 0 87 10 0 10^ U 6 97 0 0 Si 10 0 96 10 0 81 10 0 Mw o o 96 10 0 83 10 0 104 10 0 96 0 0 85 10 0 97 0 0 SJ 10 0 97 10 0 80* 0 0 5/- lower THncbanged ■Ernehaii^ed lU/- higher Unchauged Unchanged Chehttuged. IJuchanged •5/- lower ID'ncbang-ed lO'nchuuged i^nchAug-ed liTnebmiged 7/6 higher Unchanged Unchanged Unchanged Vnchunged Unchanged * Interest payable in 351 t Interest payable in Ja $ Interest payable in A] iy and November, iiuary and J aiy. >rQ and October.