COMMERCIAL & FINANCIAL. [PRESS ASSOCIATION.]

Evening Post, Volume LX, Issue 72, 22 September 1900, Page 4

COMMERCIAL & FINANCIAL. [PRESS ASSOCIATION.]

LONDON, 21st September. BANK OF ENGLAND RETURNS. The Bank of England return issued for the week ending Wednesday, 19tli September, is as under :—: —

•GOVERNMENT SECURITIES. The following are the latest quotations for Government securities: —

•Interest payable in May and November, tlntevest payable in January and July. {Interest payable in April and October. THE MONE7 MARKET. The market rate of discount for best three months' bills is \ higher, at 3J per cent. The Bank of England rate is 4 per cent., as against 3 per cent, on tho 18th July, 3£ per cent, on the 14th June, and 4 per cent, on the iJ3rd May. COLONIAL AND OTHER PRODUOE. Wheat. — Tho markets aro quiet, but show an upward tendency. Australian, June shipments, 32s 3d: September-October, 32s Gd per quarter. Victorian parcels by sailer 32s per quarter. 'Sugar is firmer — German beet, 88deg, 4£d higher, at lla 9d per cwt ; first mark, granulated, f .o.b. Hamburg, 3d higher, at 13a 9d per cwt. Butter — Tho market is depressed, and holders are weak. Danish, 110s to 112s, against. 120s a fortnight ago and 126s to 130s a year ago. Tho bulk of Australian arrivals have been stored. There have been a few sales of choicest Colonial at 102s 6d, as compaied with 104 a laat week and 106s to 114s a year ago. Probably there will be a little demand beforo mid-October. Bradford Tops— The market is weak. Common sixties, *d lower, at IB£d per lb; super sixties, £d lower, at 19£ d per lb. THIS PRICES OF MNTALS. Copper — Spot, 5s lower, at .£73 5s per ton ; three months', 2a 6d lower, at 17s 6d per ton. • \ Pig iron — Glasgow warrants, No. 1, cash, 8s lower, at b'Ss Gil per ton f.o.b. in Clyde. Lead, 2s Gd lower, at .£l7 12s 6d per ton. • Spelter, 5s higher, at .£l9 '2a Gel per ton. Tin— Spot, 3 ls Gd lower, at .£129 16a per ton; three months', £7 17s Gd lower, at i>l26 15s per ton. Silver — Bar silver is quoted at 2s 4 13-16 d per oz.

The Customs duties collected at the Port of Wellington for the week ending to-day amounted to .£13,41 i 10s. "8eer, .£231 7s 6d. Messrs. Abraham and Williams report as follows! — At Palmerston on Thursday we had a full yarding of cattle and about a dozen pens of sheep. The attendance was good and competition koen, recent prices beins; fully maintained. Quotations : — Cattle— Light fat bullocks, £7; forward •bullocks, £6 6s ; 3-year steers, £5 5s to £5 7s ; 2-year steers, £4- ; 18-months and 2year steers, £3 11s to £3 12s 6d ; 18-month steers, £3 3s : yearling steers, £2 10s ; weaners and yearlings, £2 2s 6d; Fmall weaners, 27s to 32s 6d ; fat cows, &X 19s to £5 7s; forward cows, £3 15s to £4 ss; cows in calf ? £4 ; » store cows, £2 10s to £3 15s ; springing heifers, £4 6s to £5. Sheep— Fat wethefs, 15b lOd to 18s; fat ewes, 149 3d to 15s 6d; ewes and lambs, 15s ; forward ewes, 12s 3d. Pigs — Sows in pig, 17s to 21s; store pigs, 8s 6d; empty sows, 12s.

Note issue £52,914,000 Got. debt £11,015,000 Other securities .., 6,760,000 Gold ... 35,1.09,000 £52,911,000 £52,941,000 Banking Department. Pii'pnet'vs* Gov. securicapital. .. £14,558,000 ties ... £12,401,000 Public de- OfcUev sepoaits ... 6,707,000 etirities... 27,288,000 Other do- Notes ... 23,501,000 posits ... 39,574,000 Coiu > ... 1,492,000 Host, 7-day and other bills ... 3,906,000 £61,745,000 £64,745,000 . The leading items of tho Bank of England return afford the following comparison :— This week. Last week. Last year. £ £ £ Bullion ... 35,169,000 34,922.000 33,935,000 lieservo... 25,053,000 24,629,01)0 24,8U6,000 Note oiv'n'29,3B:J,ooo 29,503,000 27,048,000 Deposits • ] 452&1, m 45,605,000 47,945,000 Proportion reservo to liabilities 5096 53-83 51 69

Price. Variation as compared with last week. 2}% Impend! Consols 4 % New South Wale 3 3J% New South Wales 3 % New South Wales 4 % Victorian ... S\% Victorian 3 % Victorian 3\% South Australian 3 % South Australian 4 % Queenslnud <H% Queensland ... 4, % New Zealand* ... Z\% New Zealandf ... 3 % NewZealandj... 31% West Australian 3|% Tastnanian £ s. d. 98 10 0 115 10 0 103 0 0 99 5 0 108 0 0 103 0 0 Unchanged 5/- higher Unchanged 5/- higher Unchanged Unchanged - Unchanged 20/- higher 10/- higher 5/- higher < 5/- lower 5/- lower Unchanged Unchanged Unchanged 106 0 0 Oi 10 0 100 10 0 103 0 0 111 15 0 104 15 0 96 10 0 103 0 0 103 0 0