BANK OF ENGLAND RETURN.

Dominion, Volume 5, Issue 1372, 24 February 1912, Page 10

BANK OF ENGLAND RETURN.

Br Teleeraph—Presß Association—Copyrlchl (Rec. February 23, 8.15 p.m.) London, Fob. 23. The Bank of England return issued for the week onded Wednesday, February 21, is as under:— lasoE Department Xote Issue... £57,093,000 Gov. debt ... i 11,015,000 • Other soouri tlos ... „. 7,434,000 GolU ... ■ ... 38.643.000 f57,09J,000 £57.092,000 BANKIXd DEFAnTHEST. rroprletora' Govt, sccuricapital. f14.553.000 ties X 15.151.000 Pnblia do- Other securiposits ... 92.7-27.001 tios 35.344,008 Otlier deposits . ... 40.253.000 Note! ... 29,407,000 Rest, 7-day. and other bills 3,602.000 Coin ... „. 1,263.000 £81,163,000 £81.165,000 The leading items ot the Bank ot England return afford the following comparison:— This week Last weak. Last yew ■£ £ £ Bullion 38.643.000 33.131,000 37.091.001 Itesorvo 30.670.000 50,974.000 29.r,37.U» Koto circulation 27.6&i.«M -27.701J.aXl 27.110.UM Publio Deposits 52.727.0C0 18,787.000 15.675.0(n Other Deposits 40,283.001 30,«30,'K)0 40.050.0U0 Proportion of resorvii to liabilities ... 48.64 61.24 61,86 QOTERNMENT BEOTTKrTIES, The following are the latest quotation) for Government Eecurities. with a com. parison of those ruling last weeksVariations — compaied Price, with lact wook. £ e. d. 2i% Imperial Consols 79 '2 6 6s. higher 4 ~N.S,'W.IO, , i3Jan.-Jiily .105 10 0 Unchanged 3l „N.S.W.I9IBMar.-Sep. 97 0 C 20s. lower 3 , X.5.W.11135 Anl.-Oct. 67 0 0 Unolmngod 4 ~ Vic. 1920 Jau.-July 10110 0 Unchanged 3} „ Vic. 10-JI-O Jan.-July LHi 10 0 Unchanged 3 ... Vic. IIhSMO Jan.-July 84 10 0 Unchanged 31 ~S,A. 1016 Jan.-July 97 0 0 Unchanged 3 ,S.A. IJI6 Jan.-July 85 0 0 Unchanged •1 ~QTdl9lo-24 Jan.-July 10-2 0 0 Un- hanged 34 „ Q , 1'd1921-30Jan.-,lu)y I'lS 10 0 Unchanged 3 ~QTdIM2-47Jan.-July 84 10 0 Unchanged i „N.Z. 1939 Jlay-Xov.' 101 2 6 Unchanged 3i „S.Z.r.HO Jan.-July 97 10 0 Unchanged 3 „N.Z. l'.M5 April-Oct. b7 10 0 Unchanged 34 ~ \V.A.1920-i0 May-Kov "5 10 0 Unchanged 3 „W.A,1015-35May-Xov HOOD changed 33 „Tas. IMOJan.-July 16 0 0 Unch nged 3 ..Tag. litU-M Jan.-July ts 0 0 Unchanged

BANK KATES OP DISCOUNT. The Bank of England rate was, on December 1, 1910, lowered from 5 to 4b per cent.; on January 27 it was lowered to 4 per cent., on February 16 to 3J per cent., and on March 9 to 3 per cent. On September 21 it was advanced to 4 per cent., and on February 8 it was reduced to. 31 p«r cent. The Bank of France rate was reduced from 31 to 3 per -cant, on January 23, 1909, and continued at the latter figure until September 21, 1911, when it was raised to 3J per cent. The Imperial Bank of Germany reduced its rate from 5 to 4J per cent, on February 6, and on February 19 the rate was further reduced to 4 per cent. On September 19, the rate was raised to 5 per cent. MARKET RATES OF DISCOUNT. The following are the market rates for best three months' bills:— . London Paris Berlin , rate. rate. . raie. percent percent, percent. This week 3 7-16 .' 23 33 Last week 35-16 n 3j Last year 3J 2J 3 Short loans are quoted at 31 to 33 per cent., as comparod with 3} per cent, last week, and 3J per cent, last year.

COLONIAL AND OTHER PRODUCE. Wheat.—Tho markets aro inactive, but holders generally aro.urm, 395. 2d. is-asked for Victorian, off coast, 375. 3d. for JanuaryFebruary shipment per sailor, ,375. 9d. for February shipment per steamer, 375. for February-March shipment, 375. 6d. for South Australian, January shipment; 375. 4Jd. haa boen paid for a parcel of Australian afloat, and 37e. 3d. for a parcel January-'Fobmary shipment. There is little inquiry for .'i'.stralfan on spot at 405., and New Zealand at 3B:i. to 3Ss. 6d. Flour is inactive and unchanged. Oats—The market is quiet. La Plata, January-February shipment, 17s. Butter meets with a steady demand. Danish, 1375. to 1385.; choicest Australian, 1265. ■ to 1235.; secondaries, 120s. to 1245.; Now Zealand, 130s. to 132b.; secondaries, 120s. to 128s. Choese is steady and unchanged. Bacon'is firm. Australian, 455. to 475. Sugar.—German beet, 88 per cent, net titre, Id. higher at 16s. per cwt.; first, mark granulated f.o.b. Hamburg. Id. higher at 103. 3d. Bradford Tops.—The market is quiet, and prices are' unchanged. THE METAL MAEKETB. | Copper, on spot, 15s. higher at £63 126. 6d. per ton; three months, 16a. 3d. highor at £64 7s. 6d.; electrolytic, • ss. higher at £66 10s. Tin, on spot, 15s. higher at £196 ss. per ton. Lead, soft foreign, Is. 3d. lower at £15 13s. 9d. per ton. Pig-iron, 3d. higher at 495. 3d. per ton. Wolfram, 3Cs. 6U.