LATE COMMERCIAL

Hawke's Bay Tribune, Volume XXII, Issue 269, 28 October 1932, Page 8

LATE COMMERCIAL

BANK OF ENGLAND RETURN. (United Press Association—By CableCopyright.) (Received 28, 11.30 a.m.) London, Oct. 27. The Bank of England return is as follows:— Issue Department. £ Notes in circulation .... 358,430,512 In Banking Dept. 55,991,582 Total 414,422,094 Government d,ebt 11,015,100 Other Govt, securities .. 248,069,604 Other securities 12,096,049 Silver coin 3,819,247 Total fiduciary issue 275,000,000 Gold coin and bullion ... 139,422,094 Total 414,422,094 Banking Department. £ Proprietors ’ capital .... 14,553,000 The rest 3,133,472 Public deposits 25,426,187 Bankers’ deposits 77,335,612 Other accounts 33,588,205 Seven day and other bills 2,825 Total 154,039,301 Government securities ... 66,998,094 Discount advances 11,596,729 Securities 18,434,037 Notes 55,991,582 Gold and silver coin .... 1,018,859 Total 154,039,301 Proportion of reserve to liabilities, 41.8 per cent. Short loans, t per cent. Three month bills, 13-16 per cent. BUTTE® AND CHEESE. (Received 28, 11.10 a.m.) London, Oct. 27. Butter is slow. Danish 116/- to 118/-. New Zealand choicest salted is very scare at 106/-, first grade 97/-; Australian choicest 96/- to 97/-. Unsalted New Zealand 106/- to .110/-, Australian 97/- to 100/-. Cheese is firm. New Zealand white 66/-, coloured 60/-. BRADFORD TOPS MARKET. (Received 28, 10.30 a.m.) London, Oct. 27. At Bradford there is a fair amount of business, and topmakers are adopting a firmer attitude. The latest quotations compare with those previously cabled as follow :— Sep 29 Oct 6 Oct 13 Oct 20 Oct 27 Per lb Per lb Per lb Per lb Per lb

SHEEPSKINS SALES. , (Received 28, 10.30 a.m.) London, Oct. 27. At the sheepskins sales 7,013 were offered, including 1,109 New Zealand. About 90 per cent, were sold. There was a large attendance with good Home and Continental competition. Compared with September 8 Australian Merinos are unchanged, crossbreds, fine, five per cent, dearer, medium and low unchanged. New Zealand halfbreds are par to five per cent, cheaper and crossbreds generally unchanged. Hoggets are slightly dearer. PRICE OF GOLD. (Received 28. 10.30 a.m.) London, Oct. 27. Gold is quoted at £0 5/8 an ounce.

d d d d d 7O’s ... 26 25 25 244 24 64’s ... 26 24 23 224-23 224 60’s ... 23 224 22 22 214 56’s ... 181 18 18 18 18 50’s ... 13 13 13 13 * 46’s ... 101 104 104 101 10 40’s ... 9j 91 94 missing. 94 9