COMMERCIAL & FINANCIAL

Evening Post, Volume XCI, Issue 78, 1 April 1916, Page 4

COMMERCIAL & FINANCIAL

(By Telegraph.—Press Association.—Copyright.)

BANK OP ENGLAND RETURN.

LONDON, 31st.March. The Bank of England return issued for the week ended Wednesday, 29th March, is as under : —

Coin, £55,718,000 (£55,092,000); reserve, '£41,534,000 (£41,516,000); note circulation, £33,577,000 (£32,904,000); public deposits. £57,064,000 (£56,216,000); other deposits, £87,362,000 (£90,126,000): Government securities, £32,859,000 (£52,839,000); other securities, 88,350,000 (£90,274,000); proportion of reserve to liabilities, 28.75 (28.35). Short loans are quoted at 4-J per cent. Hi per cent.); three months' bills, 4f per cent. (5 1-16 per cent.). Imperial Consols, £57 5s (£57 ss). GOVERNMENT SECURITIES.

The following are the latest quotations for Colonial Government securities in comparison with those ruling last week : — 3£ per cent. War Loan, £87 7s 6d (2s 6d higher); 4£- per cent. War Loan, £96 15a (unchanged). 4 per cent N.S.W. 1933 Jan.-July, £83 15s (2s 6d lower); 3i per cent. N.S.W.. 1930-50 March-September, £95 15s (7s 6d higher; 3£ p.c. N.S.W. Early Current, £70 2s 6d (2s 6d higher) ;■ 3 per cent. N.S.W. 1925 April-October, £70 (sshigher). 4 per cent. Victoria 1920 Janu-ary-July, £94 10s (10s higher); 3£ per cent. Victoria 1921-6 January-July, £84 (2s 6d higher); 3 per cent. Victoria 1929-49 January July, £63 5s (unchanged). 3A por cent. S.A. 1916 January-July, £72 (unchanged); 3 per cent. S.A. 1916 Janu-uary-July £57 15s (5s lower); 4 per cent. Queensland 1915-24 Jauuary-July, £90 10s (17s 6d higher); 3i per cent. Queensland 1922-47 January-July, £86 5s (15s higher); 3 per cent. Queensland 1922-47 JanuaryJuly, £62 15s (2s 6d higher); 3 per cent N.Z. 1929 May-November, £87 (7s 6d higher); 3£ N.Z.. 1912-40 January-July, £72 7s 6d (5s higher); 3 per cent. N.Z. 1920 April-October, £63 ss(7s 6d higher). 3i per cent. W.A. 1915-35 May-Novem-ber, £75 (5s lower); 3 por cent. W.A. 1915-35 May-November, £69 2s 6d (12s 6d higher). 3i per cent. Taemgania 1920 Jan-uary-July, £72 7s 6d (17s 6d higher); 3 per cent. Tasmania 1920-40 January-July, £63 10s (unchanged). LONDON MARKETS. Wheat is dull and nominally unchanged. Flour is firm. Oats aro in better demand. La Plata, on passage, 27s 6d. Peas and beans are inactive and unchanged. \ Butter.—Danish is dull at 170s to 1725; colonial is steady. Australian, none offering; choicest New Zealand, 162s to 1645. Cheese is firm. New Zealand, 103s to 104s. Sugar is unchanged. METAL MARKET. Copper.—On spot, £112 15s per ton; forward delivery, £111. Tin.—Forward delivery, £194 10s per ton. Pigiron, 89s 3d por ton. Load.—Soft foreign, £34 17s 6d to £35 2s 6/1 per ton. Silver. —Bar silver is quoted at 27 3-16 d per ounce standard. , BRADFORD TOPS. Tho Bradford market for top-making wools is quiet. Prices for tops on the spot are as follow: 64's quality 42£ d por Ib, 60's super 41yd, 60's common 40£ d, 56's 37d. 50"s 31id, 46's 28£ d, 40's 26£ d. Bradford buyers will not accept tho importers' concession of free storage for seven days for purchases made at third scries, and ."ourteen days on prompt cash deals. Bradford traders are standing out for twentyeight days. , [A previous message w -in follou-i.:

cided that, owing to the shortage of railway facilities, it will allow buyers an extra seven days' free storage for purchasesrnado at tho third series of sales, and for prompt fourteen da-ys."]