COMMERCIAL & FINANCIAL.

Evening Post, Volume LXVIII, Issue 62, 10 September 1904, Page 4

COMMERCIAL & FINANCIAL.

♦ Innna ahroqiatioiO (Rocoived Soplombor 10, 9 a.m.) • LONDON, 9th Soptembor. BANK OF ENGLAND RETURN. Tho Bank of England rotnrn issuon" for the week ending "Wodnosday, 7th Soptombor, is as under : — ISSUK DXPABTUBNT. Noto ttatie £5i,0t7,000 Got. dobt £11,015,000 / Otberaoountiea ... 7.4JH.000 Gold ... 35,698,000 £5*,017,000 £M,0»7,000 ItANKINQ DItfAUTUItNT. Pr'pnet'ra" Gov. soourtcapital... 4JU.553.000 ties ... £W,237,000 Pttbllo do- Othor soposits ... 5,383,000 ouritios... 21,024,000 Othor do- , Notes ... 25,513,000 posits ... 42,575,000 Com ... 1,095,000 Host, 7-day and other bills ... 3,803,000 £06,350,000 £06,350,000 The loading itouis of the Bank of England return afford the following comparison :—: — Tina week. Lastweok. Last yoar. £ £ i Bullion ... 35,598,000 34,809,000 32,219,000 Kosorvo... 27,508,000 26..'i0L,000 23,541,000 Noto oir'n 28,534,000 28,703,000 29,0!>5,000" Deposits 47,908,000 49,699,000 46,004,01)0 Proportion reserve to liabilities 5715 5818 Sl'26 GOVERNMENT SbJCUBITIKS. Tlie following iwo tho latoat quotations for Government scuuriUos with a comparison of thoso ruling last week : —

* Inleroat jniyaUlo In Maj and Novamooi. f Xutoruat puyuhlo m Januiuy mid July, j lutorost lmyublo in April and Outoboi-. MONEY MARKET. Tho markot rato of discount for best threo mouths' bills is A lower, at 2 9-16ths par cent. Tho Bank of England ralo is 3 por oont., as against 3£ per cont. on 21st April, and { por cent, on tho 14th April. COLONIAL AND OTHER PRODUCE. Wheat. — All tho wheat markots havo quietened,, and pricos hayo declined in sympathy with American, which is " bearish," owing to tho belief .that tho roports of damaged j crops are exaggerated. Tho quality of tho English wheat is very good, but tho yiold is disappointing. There aro few dealings in off-count cari goes, the numerous arrivals rendering buyers cautious. 7000 quarlors Australasian \vlksi4, Soptember-Ootobor shipment, sold at 3oa 3d por quarter. Australian flour, 25s 6d. Oats, August-Soptomber shipinont, 14s 9d. Now Zoaland boans, 29r 6d. Cocksfoot, 171b, 53« to 555. Tho American visible supply of wheat »east of tho Rookies is estimated at 50,905,000 bushols. Sugar. — Gorman boot, 88dcg., unchanged at 10s 9d por owt ; first mark granulated, f.o.b. Hamburg, Id lower at 12s 6d per owt. . Buttor it quiot. Choicest Now South Wales and Now Zoaland, nominally 94s to 100s, Danish 117s. Some now soaßon's contraots for Now Zoaland buttor aro roportod to havo been made at 9id por lb f.o.b. Rabbits and Hares; — Thero is a good demand for Australian rabbits at b{d. Haros are dull. Bedford Tops.— Tho markot is ohoorful, and thoro is more enquiry. Common 60' s, 23Jd, supor 60's 24 Jd, 40's 14Jd, 46'e I4jd per 11). THE METAL MARKETS. Copper, spot, 3s 9d highor at £57 7s 6d; throo months, 5s highor at £57 10s por ton. , Tin.— Spot, 32s 6d higher at £126 2« 6d : throo months, 37s 6d highor at £126 7s 6d per lon. Pig-iron, Middlosborough, No. 1, cash, -6d higher at 43s 5d por ton. Messrs. Dalaotv and 00. (Limitod) bavo reooivod tho following cablegram from London, dated. Bth, instant: — "Frozen moat — For frozon mutton and lamb price* ore unchanged. Sinoo tho dato of our laat tologram priooa of froeon boof are lower by |d to id per lb. We quoto New Zoal»nd boof— Ox hindi. 180-220Lb, fair avorago qwi-lity, 3Jd to 3Jd por lb ; ox fore*, 2Jd per lb/' Messrs. Abraham and WiUiams, Ltd., report : — At Palmerston on Thursday wo again had a largo yarding of oattVo, and most lots met with a roady oalo. A few pens of dairy hoifors had to bo turned out uusbld, tho prloe ofForod not roaching Uio owners' reserve. Tho lino of 100 builooks had alio to bo turned out, £6 2s 6d being tho bost offor, which did not agroo with tho owner's idoa of thoir vnUio. AH linos of young oatbio sold \uidt>r tho hunmer. Sheop woro in short supply, ivml ovory lot sold readily. Wo quoto : Fat wothors 21s, hoggoU 14s 2d to 14s 4d, store ewes 14s 2d; forward btiHooks £6 12» 6d, throo-' year steer* £5 6r, two to two and a halfyear steers £4 17s, springing hoifors £5 15b, hoifoni in calf £4 to £4 Ks, store oow* £2 10s to £3 6s, yearling boiler* £2 13b 6d to £2 16s, yearling Btoors £1 19s 6d to £2 9s, mixed vonrllngs £1 16s 6d to £2 4a 6d, wottnors £1 to £1 2s 6<l, fat cows £5 S* to £6 6s, forward oow« £3 15e td £4 ss. • .

Price. comnarovl' wfUi lust week. \\% Imperial CouHola \ % Now South Wales >i% Now South Wuioa I % flow South Walon i % Viotorfcui l i% Vmturiuu ... I % YxcWiau ... \\% South Auuhiutitut I % youth Atiblralfaii ■ % C^uooiibluuU, ... '1/b yiifonsland ... I % UuoonaUinrt ... \ % m\i ZciUnui* ... 14% ... >|% Mow Zeahuidj ... >t>b West Austrnliou I % West Aiutraliau IJit 'if Munauiuil I TniuuunlAu ... £ «. (I. 88 10 U 106 10 0 hi 0 0 85 S 0 103 0 0 SKi 0 0 67 0 (I 9S 0 0 be o a lot, 0 o IMS 0 0 8G 0 0 106 10 0 08 10 0 87 0 0 07 0 6 85 0 o 1)9 0 0 87 0 0 5/- lowor U)/. lowor (Jucluuigud iOI. lowor CTiichmig'ud Uucliaujjoil Unchanged LTuohangod (JuOtliUlK«<l Uiiohun^ed UiiohaiiKOd LTuohaDgod Uuohuiitfod tt>/- lower 16/. higher Unoliiißgod iO/> ini,'lior Uu«hanguil