COMMERCIAL AND FINANCIAL.

Evening Post, Volume LXXXI, Issue 41, 18 February 1911, Page 4

COMMERCIAL AND FINANCIAL.

BANK OF ENGLAND RETURN. By Telegraph.— Frets Association.— Copyright. (Received February 18, 8.5 a.m.) LONDON, 17th February. The Bank of England return issued for week ended Wednesday, 15th February, is as under: — . Issue Depabtmekt. Note Issue, £51,954,000 Gov. debt £11,015,000 Other seculities ... 7,434,000 Gold ... 36,505,000 £54,954,000 £54,954,000 Basking Department. Pr'priet'rs' Gov. securi- > capital £14,553,00? ties ... £14,830,000 Public de- Other seeuposits ... 13,J01,000 rities ... 29,306,000 Other de- Notes ... 28,028,000 posits ... 41,263,000 Coin ... 993,000 Eest. 7-day and other bills ... 3,590,000' £73,157,000 . £73,157,000 The leading items of the Bank of England return afford tha following comparison: — This week. Last week. Last year, £ £ £ Bullion ... 36,505,000 36,395,000 36,204,000 Eeserve... 29,021,000 28,491,000 28,243 000 Note ciru'26,926,000 27,1197,000 27,528,000 Deposits 55,014,000 53,197,000 53,217,000 I'rouortion ' j reserve to liabilities 52.72 53.22 53.04 ! GOVERNMENT SECURITIES. •The following are ths latest Quotations for Government securities, with, a comparison of those ruling laßt'week: —

* Interest payable in May aud November, t lnterest x>ayable in January aad July. % Interest payable in April and October. THE MONEY MARKET. The Bank of England discount rafe is 3g per cent., to which rato it was reduced on the 16th inst. The open market rate for best three months billa in London ia Is 3d lower at 2 15-16 por cent. Short loans are 5s lower at 2£ por cent. In Paris tho open market discount rate is 2s 6d lower at 2^ per cent., while in Berlin it is 5s lower at 2JJ por cent. (2| a year ago). GRAIN AND FLOUR. The wheat marlcctß havo been inactive. Cavgoos aro vreakor, owing to pressure to sell — River Plates and Indiana npccially. Australians in more- distant positions aro neglected, the sales that, have boon effected being generally for covering purposes. There was considerable activity yesterday, two Australian cargoes being sold for 34s 3d per quartm-. Victorian, I'ebruary shipment, 343 lid. Thero te a small retail tiude in Australians on the spot at 36s 9d to 37s 3d. Best New Zealand, 323 6d to 335; inferior, _ 51s 6d to 325. Flour. — Quiet. Australian patents, on tho spot, 255; Fcbruary-iVlurch shipments, 23s 6d. Oats.— Quiet. Gartons, 18s to 2is, sparrowbills.los to 20s 6d. La Plata, MarchApril shipment, 13s COLONIAL AND OTHER PRODUCE. Danish butter is linn, owing to bettor Continental demands. Quotation? ruie 121s to 123s per cwt. Colonial 6ort» 4 quiet and .jjnohangQd*

Cheese.— Dull. New Zealand coloured, 59s to 60s per cwt. German best sugar, f.o.b. Hamburg, 9s 5d per cwt; first marks, 11s 6d. PRICES OF METALS. Copper, on tho spot, £54 16s 3d per ton; three months, £55 10s; electrolytic, £57' ss. Tin, on the snot, £190 per ton; three months, £188. Lead, £12 183 9d per ton. Glasgow pig iron, 48s Md per ton. BRADFORD W00"l. The Bradford wool market is firm. Forties, 13ad; other descriptions, unchanged. (Received February 18, 8.5 a.m.) LONDON, 17th February. Wheat.— An Australian cargo and eighteen thousand quarters of February shipment sold at 34s lAd, two cargoes at 265, and a thousand quarters of JanuaryFebruary at 345. (Received February 18, 9 a.m.) LONDON, 17th February. At the kauri sales 419 cases were oifered and 131 sold. Good three-quarter scraped realised 150s. Silver is quoted at* 24 l-16d.

Price. Vanattong computed TOth last week. 21% Imperial Consols ... 4 % Mew South Wales ... 3J% New South Wales ... i % New South Wales ... 4 % Victorian 3ix> Victorian 3 % Victorian 34% youth. Australian 5 %South Australian i %Queeusiand ajVo Queensland 3 %Qu<-'e^slind 4i Zealand* S^Neiv Zealandt 3 rt,3Sew Zealandj o|% Wefatralian ! 3 % Westrahan ui%Tasmuiiian 3 %'i'asuiauiau £ s. d. 80 2 6 105 10 0 98 0 0 88 10 0 XOi 0 0 97 15 0 S& U 0 97 0 0 SI 0 0 103 10 0 97 0 0 85 10 0 105 10 0 90 10 0 87 0 0 97 0 0 8J 10 0 97 10 0 8t) 0 0 2/5 higher 10/- higher Unchanged Mf- higher Unchanged '■&/- higher Unchanged 10/- higher Unchanged 10/- higher 10/- higher 30/- higher 10/- higher 10,'- higher iO/- higher (Juchuuged Unchnuged Lfnchansed Unchauged