BUTTER MARKET QUIET

Sun (Auckland), Volume IV, Issue 1021, 11 July 1930, Page 13

BUTTER MARKET QUIET

PRICES REMAIN STEADY Reed. 10.30 a.m. LONDON*, Thursday. The butter market is quiet but steady. Danish, 148 s. Choicest salted New Zealand, 134 s to 1365; Australian, 132 s to* 1345. Unsalted New Zealand, 146 s to 150 s; Australian, 132 s to 1345. Cheese is quiet. New Zealand white, 70s; coloured, 82s. Australian cleared. BANK OF ENGLAND RETURN United P.A.—By Telegraph—Copyright Heed. 9.5 a.m. LONDON, Thursday. The Bank of England return for the week ended on July 10 is as follows: Issue Department Notes in circulation £363,503,626 In banking department .. 51,904,1-14 Total .. .. U 410,707,770 Government debt £11,015.100 Other Government securities 232,891,903 Other securities 11,629,040 Silver coin 4,463,957 Amount of fiduciary issue £260,000,000 Gold coin and bullion . . . . 155,70 7,770 Total £415,707,770 Banking Department Proprietors* capital 14,553,000 Rest 3,494,436 Public deposits 9,264,376 Other deposits, bankers .. 69,532,815 Other accounts 36,237,106 Seven-day and other bills .. 2,081 Total £133,083,814 Government securities .. £54,125,547 Other securities, discounts, advances 6,265,564 Securities 19,910,875 Notes 51,904,144 Gold and silver coin .. 877,684 Total £133,055,814 The Bunk of England discount rate is 3 per ‘•<■111. The proportion of reserves to liabilities is 45.80 per cent. Short b .'"’s ::i <juoted at 2 per cent... same as last week. Three months bills are quotea at 2 3-8 per cent., compared with 2i jjwr cent, last week.