BANK OF ENGLAND RETURN.

Marlborough Express, Volume XLII, Issue 127, 30 May 1908, Page 5

BANK OF ENGLAND RETURN.

WHEAT, WOOL AND BUTTER ...... MARKETS. ■ ' .

[press association.] 'Received May 30, 8,10 a.m.) LONDON, May 29. The Bank of England return for the week ended Wednesday, May 27, is as follows:—Gold coin £36,202,----000; reserve £27,6(52,000; proportion of reserve to liabilities 51.89; notes in circulation £28,463,000: public deposits £10,427,000; other deposits £42,811,000: Government securities £14,575,000'; other securities £28,----826.000, ,

The market* rate of discount for best three months' bills is If ,jer cent: short loans If; Paris 2; Berlin Consols have risen to £87 7s 6d.

New South Wales 4 per cents. £109, 3i per cents. £100^ 3 per cents. £88; Victorian 4 per cents. £105 ,10s, 3 per cents. £100 10s, 3 per cents. £90;, South Australian 3 per cents: £100 I.os, 3 per cents. £87 ;■ Queensland 4 per cents. £106, 3£ per cents. £100, 3 per cents. £87; Nev/ Zealand 4 per cents. £106 10s, 3J per cents. £100 10s, 3 per cents. £88; Tasmanian 3| per cents. £100, 3 per ee»its. £39; West Australian 3| per cents. £93 15s, 3 per cents: £87. Copper, spot £57 2s 6d per ton, tnree months £57 15s; tin, spot £127, three months £126; pig-iron 46s lOd. Sugar is steady. German 11s 3d, first marks i3s.

Bradford tops are quieter; the high prices arc checking business. Forties 10id.

■The American visible supply of wheat is 31,061,000 bushels. Despite the fine hot weather the wheat markets are firm and hardening, as the prospective supplies are too small for requirements. Buyers are rather inactive. Cargoes are firmly held; 38s is asked for South Australian February, and 37s 6d for a steamer parcel Apnl-Mav. Australian on spot 40s to 40s 6d. Flour is quiet and steady. Australian ig offering at Glasgow, landed, at 27s 6d.

' Gutter is steady and unchanged, all Colonial going for consumption as it arrives. Supplies on the Continort are small; English are plentiful.