COMMERCIAL CABLEGRAMS.
LONDON METAL MARKET. LONDON, February 28. March Copper: Spot, £56 18s 9d; forward, £57 8s 9d. Lead: Spot, £2B 12s 6d; forward, £29 Is 3d. Spelter: Spot, £3 2s 6d; forward, £3l 6s 3d. Silver: Standard, 25 11-16 d; fine, 27 Jd per ounce. BANK OF ENGLAND RETURN LONDON, March o. The following is the Bank of England returns for Wednesday:— ISSUE DEPARTMENT. Note circulation £137,589,(XX) Notes in reserve 30,933,000 £163,522,000 Government debt £11,015,000 Other securities 8,735,000 Gold coin and bullion 148,772,000 £163,522,000 BANKING DEPARTMENT. Proprietors’ capital £14,553,000 Rest - 3,735,000 Public deposits 9,643,000 Other deposits 1C9,503.0'J0 Seven-day and other bills ... 5,000 £137,456,000 Government securities £32,268,000 Other securities 72,912,000 Notes in reserve 30.933,000 Gold and silver coin 1,343,000 £137,456,000
The proportion of reserves to liabilities is 27.00 per cent. Short loans are auoted at 4 per cent., and three-month bills at 4§ per cent.
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Otago Witness, Issue 3808, 8 March 1927, Page 26
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145COMMERCIAL CABLEGRAMS. Otago Witness, Issue 3808, 8 March 1927, Page 26
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