THURSDAY, 27th APRIL.

Evening Post, Volume LXXXIII, Issue 94, 22 April 1911, Page 4

THURSDAY, 27th APRIL.

For United Kingdom and Continent of Europe, via Monte Video, Rio de Janeiro, and Tenerifie (due London Bth June, for specially addressed correspondence only), per Ruapehu, 10 a.m. FRIDAY, 27th APRIL. For Ceylon, India, China, Straits Settlements, South Africa, also Continent of Europe and United Kingdom, via Naples (due London sth June), per Moeraki, S p.m. For Australian States (due Sydney 2nd May), per Moeraki, 3.30 p.m. For Niue Island, to connect with "John Williams," at Sydney, per Moeraki, 3.30 p.m. The nesfc best despatch for United Kingdom and Continent of Europe will be via Naples, closing at Wellington, per Aloeraki, Friday, 28th inst., at 8 p.m. Mails for Niue Island close at Wellington, per Moeraki. Friday, 2Rth inst , at 3.00 p.m D. MILLER. Chief Postmaster. COMMERCIAL AND FINANCIAL. ♦ BANK OF ENGLAND RETURN. By Telegraph.— Press Association.— Copyricht. LONDON, 21st April. The Bank of England return issued for week ending Wednesday, 19th April, ia as under: — Issue Depabtment. Note Issue, £53,866,000 Gov. debt £11,015,000 Other Beculities ... 7,434,000 Gold ... 35,417,000 £53,866,000 £53,866,000 Banking Dei'aetmest. Pr'priet'rs' Gov. securicapital £14,553,000 ties ... £14,971,000 Public de- Otliei- &ecuposits ... 17,642,000 rities ... 32,171,000 Other de- Notea ... 25.783,000 posits ... 38,561,000 Coin ... 1,056,000 Best. 7-day and other bills ... 3,222,000 £73,981.000 £73,981,000 The leading items of the Bank of England return afford the* following oompariaon: — This week. Last week. Last year, &A - £ Bullion ... 35,417,000 35,015,000 34,685 000 Eeserve... 26,839,000 25,873,000 25.642,000 Note cirn'2B,oß3,ooo 28,652,000 28,545 000 Deposits 56,206,000 59,374,000 50,564,000 Proportion reserve to liabilities 47.72 43.55 50.68 GOVERNMENT SECURITIES. The following are the latest quotation* for Government securities, with a comparison of those ruling Jast week-: "Variations Price. compared Tutb. last -rreek. £~ s. d. 2i% Imperial Consols ... 81 15 0 2/6 lower 4 % Hew South Wales ... 108 0 0 Unchanged 3J3> New South Wales ... 99 0 0 Unchanged 3 % New South Wales ... 87 10 0 Unehauged 4 % Victorian 103 10 0 Unchanged 3b% Victorian 9S 10 0 Unchanged 3 % Victorian 86 0 I) Unchanged 3i% South Australian ... 98 10 0 Unchanged 5 % South. Australian ... 82 10 0 Uuci>anged 4 104 0 0 Unchanged 3*% Queensland 98 10 0 Unchanged 3 fc6 0 0 2/6 lower 4 ifcNcn- Zealand* ... 104 10 0 Unchanged 3i£New Zealandt ... 98 0 0 Unchanged 3 £New Zeulandj ... S6 10 0 Unchanged 31%Westraliau ... ... 96 10 0 5/- lower 3 £Westralian Sti 10 0 Unchanged 3i%Tasmanian 97 10 0 Unchanged 3 %Tasmanian 85 10 0 Unchanged • Interest payable in May and November, t Interest payable in January md July, j- Interest payable in April and October. THE MONEY MARKET. Tho Bank of England rate of discount remains at 3 per cent., to which it was reduced from 3i on 9th Maroh. A year ago the rate was 4 per cent. The open market rate for best three months bills is 2s 6d lower at 2£ per cent. ; a year ago it was 3|. Short loans are 15s lower at 2i per cent.,; a year ago the quotation was 3J. In Paris the open market discount rate is unchanged on the week at 2i per cent. (2| a year ago); while in Berlin it is 2s od lower at 2|d per cent. (3£ a year ago). COLONIAL AND OTHER PRODUCE. Wheat. — The market is firm, and the demand improving, especially for the Continent, owing to unfavourable, crop reports in Russia. Three Australian cargoes have sold at 33s 9d, 33s 10£ d, and 34s per quarter respectively, and one at 33s 7£d. Holders are asking 33s 9d for New South Wales steamer March shipment and South Australian sailer shipment, and 33s 6d has been paid for Viqtorian parcels afloat. There is small business in Australian wheat on the Epot, at 36s 3d. Flour. — Market quiet; Australian patents are selling at 24s 6d per sack of 2801b on spot, and 23s c.i.f. Oats. — La Plata, May-June shipment, 14s per quarter. Butter. — Market quiet. Secondaries are slow of sale at unchanged prices. There, is good enquiry for choicest sorts. Victorian salted is 2s lower at 100s to 102s per cwt, and occasionally 104s, unsalted 106s to 108s; New South Wales about 2s less; New Zealand salted, 106s to 110s (2s up for best), and unsalted 2s higher at , 112s, a few choice lots making up to 114s. Cheese. — The market for cheese is firm. New Zealand is selling at from 62s to 63s per cwt, the same as last week. Sugar. — German beet sugar, 88 per cent, net titre is 2d higher at 10s lOd per cwt; first marks granulated, 3d higher at 12s lid. BRADFORD TOPS. The Bradford top market is firm, and prices are unchanged at— 64' s, 27£ d per lb; super 60's, 27d; common 60*s, 26d; 56's, 22fd; 50's, 19£ d; 46's, 15i"d; 40's, 14id. METAL MARKET. Yesterday's closing prices, compared with those ruling a week ago: — Silver.— ln bars, id higher at 24|d per ounce standard. * Copper.— On the spot, 18s 9d higher at £54 13s 9d per ton; at three months, unchanged at £54 6s 3d. Tin. — On the spot, 5s higher at £194 per ton; at three months, 10s higher at £189 15s. Lead. — Soft foreign, unchanged at £12 18s 9d per ton. Pig-iron.— Middlesbro' No. 3, 8d lower at 46s per ton.