COMMERCIAL.

Hawke's Bay Tribune, Volume VI, Issue 274, 4 November 1916, Page 7

COMMERCIAL.

BANK OF ENGLAND RETURNS London, Nov. 3. The Bank of England returns afford the fo.lowing comparison : — Last week. This week. £ £ Coin 54.178,000 54,426,000 Reserve 37,827,000 37,827,000 Proportion reserve to liabilities 22.96 22.11 Notes in Circu- . lation 36,686,000 37,224,00*1 Public deposits 52,543,000 51,107,000 Other deposits 112,172,000 116,622,000 Govt, securities 42.188,000 42,188,000 Other securities 102,443,000 105,714,000 Short loans—s per cent. Three months’ bills—s 9-16 per cent GOVERNMENT SECURITIES. Last This ■> Week. Week.

ENGLISH MARKETS. WOOL. London. Nov. 3. All classes of crossbred greasies were in sellers’ favour. SHpes continue to harden. Merinos are selling at extravagant prices. The Severn clip fetched top 281 d, average 21d, Christchurch 25d and 22|d. The Bradford market shows plenty of inquiry, but business is limited owing to topmakers asking prohibitive prices ; 64’s 57d, super. 60’s 56d. common 60’s 55d, 56’s 42d, 50's 34d, 46’s 29’d, 40’s 28d. PRODUCE. Wheat.—Nominal. supply, advancing continuously. Peas and Beaus. —Strong, advancing. New Zealand not offering. Oats.—Very firm. Old La Plata ex quay 38/6. Butter.—Very firm, supplies small. Danish about ' 216/-, New Zealand nominal at 200/-, Canadian 196, - to 198 It is expected that the first arrivals of new Australian will make 200/-. Cheese. —Strong, Canadian 114/- to 116/-, New Zealand 112/- to 114/-. Sugar. —Unchanged. METALS. Copper.—£l24 5/- to £ll9 10/-, electrolytic £143. Lead.—£3o 10/- to £29 10/-. Spelter—£s2 10/- to £5O 10/-. Tin.—£lBo 12/6 to £lBl 12/6. Silver.—32 7-16 d.

£ s. d. £ s. d. 2£% Imp. Consols 56 7 6 56 0 0 War Loan 3J’s .. 81. 10 0 84 0 0 War Loan 4J’s • ■ 95 10 0 94 0 0 N.S.W. J’s. 1933 83 12 6 83 5 0 N.S.W. 3J’s, 1918 95 0 0 95 0 0 N.S.W. 3J. ’30-50 79 2 6 7 2 0 0 N.S.W. 3’s, 1935 69 15 0 69 15 0 Viet. 4's, 1920 . . 93 17 6 93 17 b Viet. 34’s 1921-6 84 0 0 84 0 0 Viet. 34’s, 1929-49 70 15 0 70 15 0 Viet. 3’s, 1928-49 62 12 6 62 12 6 S.A. 3fs. 1939 . . 73 0 0 73 0 0 S.A. 3’s,' 1916 .. 59 0 0 59 0 0 Qland 4’s, 1915-24 88 0 0 88 2 6 Qland 31, 1921-30 85 15 0 85 17 6 Qland 3’s. 1922-47 62. 15 0 63 15 0 N.Z. 4’s, 1929 ... 85 0 So 0 0 X.Z. 34's. 1920-40 72' 15 0 72 15 0 N.Z. 3’s, 1940 .. 62 10 0 62 10 0 Tas. 3fs, 1910 . . 72 15 0 72 15 0 Tas. 3’s, 1920-40. 66 0 0 66 0 0 W.A. 3 J's, 1915-35 74 17 6 4 O 0 0 W.A. 3’s, 1915-35 70 5 0 70 5 0