COMMERCIAL & FINANCIAL.

Evening Post, Volume LX, Issue 18, 21 July 1900, Page 4

COMMERCIAL & FINANCIAL.

[press association.] (Eeceived July 21, 8 a.m.) LONDON, 20th July. BANK OP ENGLAND RKTUIiNS. The Bank of Enffland return issued for fcho week ending Wednesday, 18th July, is a3 under : — Issub Department. Note issue JE47,590,000 Gov. debt £11,015,000 Other securities ... 6,760,000 Gold ... 29,615,000 £47,590,000 £47,590,000 Banking Dkpabtment. Pr'pnct'rs' Gov. secuneapital .. £14,553,000 ties ... £20,377,000 Public de- Other sel>osil,a ... 10,514,000 curities... 28,402,000 Other do- Notes ... 17,'-Mb,ooo posits ... 38,933,000 Coin ... 1,078,000 Res>t, 7-day and other bills ... 3,685,000 . £67,690,000 £67.690,000 The leadinsr items of the Bank of PJngland return afford the following comparison :—: — Thi* week. Last week. Last year. £ £ A Bullion .. .29,815.000 20.933.000 30,032.000 Reserve... 18,911.000 18,8:50.000 20.947,000 Note cir'n 30,352,000 30,610,000 28.(572,000 Deposits 49,452,000 58,878,000 48,722,000 Proportion reserve to liabilities 3811 36-87 42-80 GOVERNMENT SECURITIES. The following are the latest quotations for Government securities : —

♦Interest pa3\able in May and November, tlnterest payable in January and July. {Interest payable in April and October. THE MONEY MARKET. The market rate of discount for best three months' bills is 9-16 higher at 3$ per cent. The Bank of England rate is 4 per cent., as against 3 per cent, on the 18th July, 3i per cent, on the 14th June, and 4 per cent, on the U3rd May. COLONIAL AND OTHER PRODUOE. Wheat — Tho markets are quiet, but steadier. Victo/ian, July shipment, cargoes 31a, parcels 80u per quarter, c.i.f . Svgar — German beet, SSdegr, 4£d higher, at lls 10£ d per cwt; Java cane, not quoted. Bradford Tops — The market is brisker, but prices are unchanged. Common sixties, 20 id per lb ; super sixties, 2l£d per lb. Wool — At the sales the " Omarama" olip realised B|d, and the " Ellerslie " ll£d. THU PJRICES OF MWTALS. Copper — Spot, 20s higher, at JJ73 15s per ton ; three months', 20s higher at .£73 17s 6d per ton. Tin — Tho market is quiet. Spot, £11 lower, at Jsl2Gperton; three months', 40a lower, at iU27 per ton. Pig iron — Glasgow warrants, No. 1, cash, 2s 3d higher, at 72a per ton f.o.b. in Clyde. Lead, 30s lower, at .£l7 10s per ton. Silver— Bar silver is quoted at 2s 4 3-16 d per oz. LONDON WOOL SALES. (Received July 21, 10 a.m.) LONDON, 20th July. At the wool sales, there is good competition, and prices have improved.

Price. compared with last week. l\% Imperial Consols t % New South Wales IJ% New South Wales t % New South Wales t % Victorian \h% Victorian > % Victorian >\% Sontli Australian ! % South Australian : % Queensland \l% Queensland i % New Zealand 9 ... Ik% New Zealandf ... I % New Zealand^ ... >\% West Australian i j% Tasni.auiaa £ s. d. 98 0 0 116 0 0 101 0 0 |100 0 0 im 15 o 103 0 0 30/- loxver Unchanged Uuuhanged Unchanged Unchanged Unchanged 106 0 0 93 0 0 109 0 0 104 0 U 110 10 0 104 15 0 97 0 0 103 0 0 103 0 0 Unchanged Unchanged Unchanged &/- higher 10/- lower Unchanged 15/- luwei; Unchanged 5/- higher