COMMERCIAL

Evening Star, Issue 17922, 18 March 1922, Page 1

COMMERCIAL

Pruta Association--By Telegraph—Copyright.

BANK OF ENGLAND RETURNS,

LONDON, March. 16. The Bank of England returns for the week ended March 16 were:— Coin and bullion ... _. ... £126,955,000 Reserve 25,467,000 Proportion of reserve to liabilities, p.c. ... 18,90 Note circulation ... ... ... 121,758,000 Government deposits ._ ... 18,936,000 Other deposits _ 115,613,000 Government securities 47,134,000 Other securities 80,153,000 Short loans, 3 per cent.; three months’ bills, 3j| per cent. THE METAL MARKET. LONDON, March 16. Copper.—Spot, £6O 6s 3d; three months, £6l 3s 9d. Load.—Spot £22; three months, £2l 17s 6d. Spelter.—Spot, £26; three months, £26.

Tin.—(Spot, £143 2s 6d; three months £145. Silver, 33id per ounce.—A. and N.Z. Gable.

MELBOURNE HIDE SALES,

MELBOURNE, March, 17,

At the hide sales the market_ was irregular. Stouts, heavies, and light laps wore unchanged l ; medium and lights id lower. LONDON WOOL SALES. a ictnlTemand. LONDON, March 16. At the wool sales there was again a strong demand for all sorts of merinos and cross-! rods, slipes meeting with brisk homo and Continental competition at full rates. Tiro Bradford market is xory firm, but tho spinmra arc hesitant. There was a better inquiry for lino cross-brerk, 64’s quality, June delivery, being quoted at 50d and sld, 58’s at 36d, 56’s at ZTjd, 60’a at 2f»d, and 46'a fit 14^8, — A. and N.Z. CailoT

GOVERNMENT SECURITIES.

LONDON, March 16. The ’ following are tho latest quotations for Government securities i

THE HOME MARKETS,

LONDON, March 16. Barley ia firmer, on reports of a peas!We reduction in the bee. tax. Wheat: The wheat cargo market is ■weak from the continued pressure to sell from Argentina. Prices have declined from 6(1 to Ib, and trade Je very dull. Spot Australian, ex ship, 63a 6dFlour s Slow and cheaper. Australian, ex store, 47a 6d to 4Sb. Oats j Steady. New Zealand landed, 57s to 38a. . Peas and beans; Steadily held. Unchanged. Suittar:: -Gr-aMlatfecL 47a -6cL «—(Si.-anJ.. Cufcio.

3.J per cent. Imp. War Loan. ... £92 0 0 5 por cent. Imp. War Loan ... 95 15 0 6$ per cent. C'woalijli JiOart ... 100 15 0 JU ner cent. C’woa.Uh Loan 100 0 0 N.S.W. 4’s, 1938, Jan.-July ... 86 12 6 N.S.W. Si’s, 1935-50, Jan.-July 73 7 6 K.S.W. 3*8, 1935, April-Oct. ... 74 0 0 N.S.W. 5|’s 100 12 6 N.S.W. 6i’s 106 0 0 Vic. 4’o, 1921-6, Jait.-July ... 94 0 0 Vic. Si’s, 192940, Jan.-July „. 74 0 0 Vic. S’a, 1929-49, Jan.-July ... 68 15 0 Q’land 4’s, 1924, Jan.-July 94 5 0 QTand Si’s, 1921-24, Jan.-July 93 0 0 Q’laud Si’s, 1921-24, July 63 15 0 N.Z. 4’s, 1929, May-Nov. ... 91 2 6 N.Z. St’B, 1940, Jan .-July ... 78 0 0 N.Z. 5’e, 1945, April-October 71 5 0 Tas. Si’e, 1920-40, Jan.-July ~ 77 5 0 Tas. 3’b, 192040, Jan.-July ... TO 0 0 —A. and N.Z. , CaMe.