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Poverty Bay Herald, Volume LV, Issue 17238, 19 April 1930, Page 14

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BANK OF ENGLAND RETURNS (Klec. Tel. Copyright—United Press Assn.) (Received April 19, 10 a.m.) LONDON, April 17. Hank of England returns are : ■ £ Notes in circulation 361,321,558 In banking department ... 58,501,216 I Total 419,822,774 Government debt 11,015,100 Other Govt, securities ... 232,897,889 Other securities 11,628,838 Isilver coin 4,458,173 i Total fiduciary issue ... 260,0C0,C00 (Sold coin and bullion ... 159,822,774 Grand total 419,822,774 Ranking Department—• Proprietors" capital ... ... 14,553,000 Rest .: 3,105,964 Public deposits ... .... ;.. 14,798,522 Other deposits, bankers' ... 65,815,639 Other accounts ... 36,303,070 Seven day and other bills... 2,021 Total 134,578,216 Government securities ... 58,282,629 Discount advanced 6,386,083 Other securities '.. 104,427,365 Notes 58,501,216 Gold and silver' coin. 965,552 Total 134,578,216 Proportion of reserve 4*) liabilities 50.80 per cent. Short loans, 2A per cent. Three month bills, 2J per cent. CHICAGO WHEAT PRICES (Received April 19, 10 a.m.] CHICAGO, April 17. Wheat: May, 1074 ( '<-' nts ; Jul .V, 103 i cents; September, 11 lg cents; December, 115| cents. ENGLISH WHEAT MARKET (Received April 19, 10 a.m.) LONDON, April 17. Wheat cargoes are steadier, and in sympathy with American and Argentina j advices advanced 6d to 9d. Apart from a small Italian demand, the market for Australians is inactive. Parcels firmed by 3d to 9d, but closed quieter owing to heavy realisations of Liverpool options. Futures: London, May, 36s 3d; July, 36s 7d. Liverpool, May, 6s 9^d; July, 7s 10Jd net; October, 8s Id net. ENGLISH METALS MARKET LONDON, April 17. Copper, standard £SB 17s 6d, £SB (is 3d; Electrolytic £6:l, £436; wire bars £6O; lead £l-8 lis 3d, £lB 12s Cd; spelter £l7 18s 9d, £lB 17s (id; tin £164 8s !)d, £166 lis 3d; silver/ standard 19|d, 21 l-16d. The heavy i fall iu copper is clue to the reduction' in the price of American electrolytic j to fourteen cents per pound. AMERICAN WHEAT CROP NEW YORK, April 17. A Kansas City message states good rains have greatly revived the wheat crops throughout this area, where, for several weeks, drought has discouraged farmers. The danger is apparently is passed to-day, with clear weather and normal spring -temperatures over the entire area. i BRADFORD TOPS MARKET \ LONDON, April 17. The Bradford market is quiet and prices are maintained. Sixty-fours are quoted at 28d. 00 's 26d, 56's 20kl, 50's 17Jd, 46's lo+d, 40's IM. ■ DAIRY PRODUCE PRICES LONDON, April 17, The butter market is steadier. Danish ■is quoted at 1395; choicest salted New Zealand, 12<>s do 128 s; Australian, 122 sto 1245; unsalted, Now Zealand, 130 s to 140 s; Australian, 122 s to 1245. The choose market is firm. Now Zealand white is quoted at 70s, colored 78s to 80s.