COMMERCIAL & FINANCIAL.

Evening Post, Volume LXX, Issue 37, 12 August 1905, Page 4

COMMERCIAL & FINANCIAL.

fFBISS AaBOOIATIOK.I LONDON, 11th August. BANK OF ENGLAND RETURN. The Bank of England return issned for the week ending Wednesday, 9th August, is as nndor :—

The leading 1 items of the Bank of England return afford the following comparison :—: — This week. Last week. Last year. O Q O Bullion ... 34,593,000 35,159,000 32,942,000 Reserve... 24,808,000 25,261,000 2i.40b\000 Note oir'n 29.939,000 30,073.000 29.000,000 Deposits 53,002,000 51,148,000 47,476,000 Proportion , reserve to liabilities 46 72 47"45 51-29 GOVKUNMI3NT SECURITIES. The following are the latest quotations for Government securities with a comparison of those ruling last week : —

* interest payublu iv ALuy tuul iNuvuuiuu... t lnterest payable mJumuiry and July. J Interest payable in April aud Uotouer. THE MONEY MARKET. The market rate of discount for best three mouths' bills is i higher, at 1 15-16 per cent. The Bank of England rato is 24 per cent., as against 3 per cent, on 9th March. COLONIAL AND OTHER PRODUCE. Wheat.— -Despite sensational reports of damage to crops in Russia and America, the European markets are quiet, with a rather easier tendency. French harvesting prospects aro favourable. Cargoes are dull, but off coast is a shade firmer. Two cargoes have sold at 325, and buyers are now offering 32s 3d for August-September shipment ; Australian, spot, small supp?y, 33s 6d to 345. The American visible supply east of the Rockies, according to "Bradstreet's" estimate, is 22,312,0~00 bushels. Flour. — The market is dull. "Patents" are quoted in London at 23s 6d, and in Glasgow at 24s 6d to 255. The butter market iB firm, but prices are unchanged. Saltless Canadian is at 109 ato 110s. Sugar.— German beet, 88deg., Id higher, at IDs Id ; first mark granulated, f.o.b. Hamburg, 3d higher, at 12s 6d per cwt. Bradford Tops. — Business is improving ; 40'b are quoted at 16d, 46's 18d, common 60's 25d, and super 60's 26d (unchanged). THE METAL MARKETS. Copper — Spot, £69 to £69 5s (compared with £68 Us 3d last week). Tin— Spot, £149 15s to £149 17s 6d (£l5O 153 last week) ; three months, £148 to £148 10s (£149. last week). Pig iron— Bd higher, at 46s lid per ton. Spelter— £24 7s 6d to £24 10s per ton. Lead 2s 6d lower at £13 17s 6d per ton. Imports 19,057 tons (including 4657 tons Australian) exports 4144- tons. Silver, 2s 3 5-16 d per oz. Messrs. Abraham and Williams report that at their eale of wool, skins, hides, and tallow at Palmerstoh yesterday they offered • 1500 skins, 20 bales and 40 bag lots of wool, 420 hides, and a few casks and odd lots of tallow. Buyers were present in good numbers, and competition was keen for all sorts. Wool— Xß fleece 7id to Bid, crutchin R 8 5Jd to 6Jd, dead 7id to Bd, locks 4id to 4id. Skins— Xß, medium and coarso 8d to Bid, fine KB Bid, short KB 7id, fine KB short 71d, inferior crossbred polts 6|d, lambs 7Jd to Bd, KB dead 6Jd, {relts Is Id to Is lOd, butchers' green 5s 6d to 7s, butchers halfbred 5s 3d to 6s sd, butohers' damaged 5s to 5s 7d. Hides— No extra heavy hides offering. Heavy ox 26s 6d to 28s, medium ox 22s to 24b, light 16? to 21s; cow, heavy 18s, medium 17s to 17s 6d, light 13b to 15s 6d, damaged 10s to 14s, yearling 5s 3d to 6s 3d, calves 3s to 3s 9d, dry calves Is to Is Bd, horse hides 8s to 10s. Tallow, 17s 9d to 18s per cwtj tails, Is per dozen.

Prico. Vauutiouas compared with last week. 21% Imperial Consols i % Mew South Wales 3\% New South Wales 3 % iiowSouth Wales 4 §, Vietorjau Jj? Victorian 3 % Victonau S\% Soutli Australian '6 % South Australian i % yueoualandi ... a}% yueeubland ,„ d % i^ueeutduud ... i % AgiT Zeiiluud* ... 3i% ixew Zealuudf .« 4 % i^titv ... 6i% West AiibtnUian % West Austiuhau Ji^, Thsuiouiiui i lanui.ituuu^ ... £ s. <l 90 2 6 10S 0 i 93 10 0 87 10 i' 105 10 0 9s 0 0 S7 0 0 i) 9 0 t SS 0 0 105 10 0 tiS 0 0 87 10 0 103 10 0 93 15 o SS 0 v 96 0 0 89 0 0 93 10 0 as io o 2 6 lower Unuhuuged 5/- higher (Xnehnuged (Tnclmugcd Uach.iuged (Juolmugcd Unchanged CTncliougi'd GTach^iiged Unchanged Uuoliuuged IU/- higher CJucliaii{fed CTucUiuiged (Tncljuuged Uuchuuged Uuchuuged

Issue Dipaiitmekt. Note Issue £53,042,000 Gov. tlebb £11.015,001 Other secunHe 3 ... 7,434,001 Gold ... 31,593,00( £53,042,000 ' £53,012,001 Banking Dfpaiitmekt. Pr'pnet'rs' Got. seoiincnpitnl... £14,553,000 ties •„. £I7,O7O,O0( FnWic do- Other soposits ... 9,906,000 curities... 29,195,00( Other do- Notes ,„ 23,103,00( posits ... 43,096,000 Com ,„ l.TOo.OO) Host, 7-day oiid other bills ... 3,518,000 £71,073,000 £71,073.000 r1,073.000