LATE COMMERCIAL

Hawke's Bay Tribune, Volume XIX, Issue 210, 23 August 1929, Page 5

LATE COMMERCIAL

BANK OF ENGLAND RETURN. [United Press Association—By Cable— Copyright.] [Australian Pre is Assn.—United Service.) (Received 23, 10.15 a.m.) London, Aug. 22. The Bank of England return is as follows;— Issue Department. £ Notes in circulation .... 365,443,495 In banking depannent .. 31,516,477 Total 396,959,972 Government debt 11,015,100 Other Govt, securities .. 235,429,936 Other securities 8,712,172 Silver coin 4,842,792 These four items, constituting the fiduciary issue, total 260,000,000 Gold coin and bullion ... 136,959,972 Grand total 396,959,972 Banking Department. £ Proprietors’ capital .... 14,553,000 The Rest 3,645,965 Public deposits 26,286,065 Other deposits, banks’ .. 55,850,949 Other accounts 36,037,051 Seven-day and other bills 2,536 Total 136,375,566 Government securities .. 71,046,855 Other securities, discounts and advances 3,832,387 Securities 28,737,815 Notes 31,516,477 Gold and silver coin .... 1,242,032 Total 136.375,566 Proportion of reserve to liabilities, 27.7 per cent. Short loans, 4} per cent. Three-month bills, 5J per cent. BUTTER, CHEESE AND WOOL. lAußtrallan Press Assn —United Service.] (Received 23, 9.45 a.m.) London, Aug. 22. Butter is in good demand. Danish 179/-; choicest salted New Zealand 174/- to 176/-; Australian 170/- to 172/-. unsalted 2/- less. Cheese is firm. New Zealand white 89/-. coloured 91/-; I Australian 85/to 89/-. The Bradford wool market is quiet with a weaker tendency. Quotations; 6t’s 37d, 60’s 34|d 56’s 28Jd, 50’s 25d, 46’s 21.jd. 40’s 21d