BANK OF ENGLAND RETURNS
By Cable.—Press Association.—Copyright LONDON, Thursday.
The Bank of England returns for the week ended July 7, as compared with those for the week ended June 30, are as follows:
July 7. June 3d. £ £ Note circulation . . 138,238,000 137,977,000 Coin 151,074.000 151.118,000 Reserve .. . . .. 32,566,000 33,980,000 Govt, deposits .. 19,205,000 17.575.000 Other deposits .. 104,377,000 119,033,000 Govt, securities .. 47,547,000 51,666,000 Other securities .. 61.458.000 59,305,000 Proportion of reserve
to liabilities . . 26.30 26.70 SHORT LOANS AND BILLS
Short loans, 35 per cent., compared with per cent, last week; three months’ bills, 4 3-8 per cent., compared with 4 5-16 last week. THE METAL MARKETS
(Quotations on July 4 in parentheses) Copper.—Spot, £53 15s 7id (£53 10s 71d); three months, £54 5s 7£d (£54 0s 7id). Lead.—Spot, £23 3s 9d (£24 3s 9d); three months, £23 11s 3d (£23 11s 3d). Spelter.—Spot, £2B (£27 16s 3d); three months, £27 16s 3d (£27 13s 9d). Tin.—Spot, £287 os (£295 ss): three months, £2Bl (£282 17s 6d). Silver.—Standard, 25 13-16 d (25 7-Sd) per oz.; fine, 27 7-Sd (27 15-16 d). WHEAT, FLOUR AND PULSE
Wheat.—Cargoes are firm. Reds are quiet and whites are 3d to 6d down. Parcels are irregular between 3d up and 3d down. Liverpool futures: July, 11s 3d per cental; October, 11s lgd; December, 11s 03d; March, 10s ll£d; May, 10s 10£d. Spot trade quiet. Australian, ex store, 58s.
Flour.—Easy. Australian, ex store, 41s 6d.
Oats.—Quiet. Australian Algerians. 28s to 295. A grade Gartons, 29s to 30s.
Peas.—Prussian blues meet with little inquiry. Tasmanian are quoted at 320 s to 360 s and New Zealand at 320 s to 3405.
Maples.—Less actively in request. Tasmanian, 100 s to 102 s 6d; New Zealand, 85s to 87s 6d.
Beans.—New Zealand. 45s to 475. Sugar.—Granulated, 30s lOld. BRADFORD TOPS
On the Bradford tops market Merinos are quiet, but crosbreds are brisker, and quotations are: Sixtyfours, 48ld; sixties, 44£d; fifty-sixes, 34Jd: fifties, 28d; forty-sixes, 22d; forties, 20id.—A. and N.Z.-Sun.
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Bibliographic details
Sun (Auckland), Volume 1, Issue 92, 9 July 1927, Page 4
Word Count
324BANK OF ENGLAND RETURNS Sun (Auckland), Volume 1, Issue 92, 9 July 1927, Page 4
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