COMMERCIAL.

Hawke's Bay Tribune, Volume VI, Issue 268, 28 October 1916, Page 7

COMMERCIAL.

BANK OF ENGLAND RETURNS London, Oct. 27. The Bank of England returns afford the fo.towing compaHson: — Last week. This week.

ENGLISH MARKETS. I WOOL AND SHEEPSKINS. London, Oct-. 27. A miscellaneous selection. Merino prices fully maintained. A large offering of crossbreds, mostly slipes. Prices were slightly harder, greasy crossbred making extreme rates. The Bradford market is strong with a hardening tendency: 64’s 55Vd, super 60’s 54}<1, common 60 s 53Jd, 56’s 40d, 50’s 33d, 46’s 28Jd, 40’s 27£d. At the sheepskin sales 2800 bundles were offered and practically all sold. The competition was somewhat irregular. Compared with September combing merinos advanced }d, clothing Jd. combing crossbreds unchanged, clothing Id dearer. A few short clothing ad- ; vanced lid. Lambs were unchehged. | PRODUCE. London, Oct. 27. Wheat.—Parcels firm. Cargoes not offering. Flour.—Strong demand, _ offerings small. Australian patents 55/6. Oats. —Strong. La Plata ex quay 36/6. Peas and Beans. —I ery firm. New

Zealand not offering. Butter. —Very firm, supplies of all sorts short. Danish about 210/-, _ New Zealand practically cleared, nominally 200/-, Canadian 191/- to 197/-, Argentine 191/- to 198/-. Cheese. —Firm, tending __ to higher Canadian 112/- to 115/-, New Zealand 112/-. Sugar.—Unchanged. ‘ METALS. Copper.—£l24 5/- to £119; electrolytic £144. Lead.—£3o 10/- to £29 10/-. Spelter.—£s4 to £5l. Tin.—£lB2 2/6 to £lB3 12/6. Silver.—32 Jd.

£ Coin 55.436.000 £ 51,178,000 37.827,000 Reserve .... 38,23 7:000 Proportion reserve to liabilities 23.30 22.96 Notes in Circulation 36,668,000 36,686,000 Public deposits 55,589,000 52,543,000 Other deposits 108,496.000 112.172,000 Govt, securities 42,188,000 42,188,000 Other securities 101.390,000 102,443,000 Short loans—5 per cent. Three months’ bills— -5 9-16 per cent “government securities. London, Oct. 27. Last This Week. Week. £ s. d. & s. d. 2'.' v hup. Consols 57 0 0 57 7 6 War Loan 3J’s .. 85 0 0 84 10 0 10 0 95 10 0 N.S.W. 4’s, 1933 83 15 0 83 12 6 N.S.W. 3.1’s, 1918 95 5 U 95 5 0 N.S.W. 3’., ’30-50 71 lo 0 9. 6 N.S.W. 3's, 1935 70 2 6 69 15 0 , Viet. 4’s, 1920 .. 93 15 0 93 17 6 Viet. 3‘.'s. 1921-6 S3 17 6 81 0 0 Viet. 3',’s. 1929-19 70 15 0 70 15 0 Viet. 3’s. 1928-49 62 15 0 62 12 6 S.A. 3'.’s, 1939 . . 73 0 0 73 0 0 S.A. 3’s. 1916 .. 59 0 0 59 0 0 (.Hand 4’s, 1915-24 *8 0 0 88 0 0 Qland 3', 1921-30 86 2 6 85 .10 0 i (Land 3’s. 1922-17 62 15 0 62 15 0 ! N.Z. 4’s, 1929 .. 85 17 6 85 5 N.Z. 3’’s, 1920-40 73 0 0 72 15 0 N.Z. 3 s, 1940 .. 63 10 0 62 10 0 1 Tas. 3'.’s. 1940 . . 72 15 0 72 15 0 1 Tas. 3’s. 1920-40 . 66 0 0 66 0 0 W.A. 3 Vs, 1915-35 75 0 0 74 17 6 W.A. 3’s. 1915-35 70 5 0 70 5 °