BANK OF ENGLAND RETURN.

Marlborough Express, Volume XLIII, Issue 268, 13 November 1909, Page 3

BANK OF ENGLAND RETURN.

W THEAT STRONGER

BUTTER IN GOOD DEMAND

[press association.] (Received Nov. 12, 8.30 p.m.)

LONDON, Nov. 12

The Bank of England return for the week ended Wednesday, Nov. 10, is as follows:—Gold coin £31,940,000; reserve £22,844,000; proportion of reserve to liabilities 50.71; notes in circulation £28,809,000 j, public deposits £5,854,000; other; deposits £39,175,----000; Government securities £16,158;----0 other- securities £23,730,000. The market rate of discount for best three months' bills is 4£ per cent.; short loans 4g ; bank rate 5.

Consols £82 12s 6d. New South Wales 4 per cents £107

15s, 3i per cents. £98 10s, 3 per cents: £85 10s; Victorian 4 per cents. £103 10s, 3£ per cents. £97 15s; 3 per cents £86; Queensland 3 per cents. £86 ss; New Zealand 4 per cents. £105, 3$ per cents £98 15s, 3 per cents £86; Tasmanian 3i per cents. £97 10s; West Australian ,3i , per cents. £97 10s. The new South Australian half-mil-lion loan is still uncleared* though ofEered as low as 99i, and buyers are asked to bid.

The wheat markets are firm upon stronger American advices and rumors of frost in the Argentine; but are inactive. Australian* (landed) 42s 6d to 43s 6d; sailers, October 41s; new crop, December-Jan nary, 38s, Jan-nary-Febrnary 37s 9d. FebruaryMarch 37s 2-id. Parcels of DecemberJanuary 38s. Flour is steady but quiet. Australian in London 31s, ex store; Glasgow, no sales of new crop, old 335. Oats are slow. La Plata JanuaryFebruary 14s l^d. There is a strong demand for best" butters. Salted 112s to 114s, occasionally 116s; unsalted 116s to 118s; secondaries 106s to 110s-; Paparoa's landing 118s; Danishl3os to 1325. Copper, spot £58 3s 9d per ton, three months £59 18s M; lead, imports 15,750 tons (Australian 2857), exports 3377. ' Pig-iron 60s Hid. Sugar is firm, with a speculative market on account of less favourable crop reports in France. German 12s, first marks 13s 9d. Bradford tops are dull. Top-ma,kers are advancing present atiu future quotations by id, but business is limited.