COMMERCIAL & FINANCIAL.

Evening Post, Volume LXX, Issue 61, 9 September 1905, Page 4

COMMERCIAL & FINANCIAL.

/FBiaS ASSOOIATIOK.I LONDON, Bth September. BANK OF ENGLAND RETURN. The Bank of England return issued for the woek endinp Wednesday, 6th September, is as under:— Issue Depaktmekt. Not* issue £ 53,373,000 Got. debt £11,015 000 Othei'secun- ' _ t'M ... 7,434,000 Gold ... 33,924,000 £53,373.000 £52,373,000 BIKKINS DFPABTMENT. Pr'pnet'rs' Got. secuncapital,.. £14,553,000 ties ... £18.660000 Public de- Other seposits ... 11,272,000 curities... 29,802,000 Otter da- Notes ... 22 931000 posits ... 43,571,000 Com .., IfaOOO Rest, 7-day aud other bills ... 3,761,000 X 73.157.000 £73,157,000 The leading items of the Bank pf England return afford, tbe following comparison : This week. Last week. Last year £ ■& £ Bullion ... 33,924,000 34,870,000 35,598 000 Reserve... 24,695,000 25,438,000 27,508 000 Note cir'n 29,449,000 29,663,000 28 534*000 Deposits 51,813,000 . 5J,964,000 47.933|000 Proportion reserve to liabilities 4495 4622 5715 GOVERNMENT SECURITIES. The following are the latest quotations for Government securities with a oompacison of those rnlmjr lust week : —

* luleicat payable in May and '.NovuiiiDtji. t lnterest iiu.yu.blti m Juuiuu-y autl July_. jinteieat payable m April tuul Oowuer. THE MONEY MARKET. Th© market rate of discount for best three months' bills is 13>16ths higher, at 2i per cent. The Bank of England rate is 3 per cent., as against 2£ per cent, on 7th September. COLONIAL AND OTHER PRODUCE. Wheat. — The English market is quiot. It has recovered Is por quarter, owing to less pressure to sell home-grown. The Continental markets are dull; the French is dearer owing to rain retarding the harvest; the American is firm. Cargoes are noglected; 32s 9d to 33s is asked for shipments afloat; no demand for spot. Australian, nominal, 32s 9d; New Zealand, long berry 29s to 30s, short berry 28s. Flour is dull, owing to tho_ competition of home-giown. Australian is quoted in London at 22s 9d to 235, Glasgow 24s to 24s 3d, Parcels on passage are offered at 225. Butter.— SloSf trade at late rates. If sales of colonial are pressed it causes a decline, New South Wales shippers are offering pork, October shipment, at 47s Bd, c.i.f. Smithßeld firms decline, considering the trade too risky for c.i.f. business. Sugar.— Dull. First mark granulated, f.O.b. Hamburg, unchanged, at 11s 3d per cwt; German beet, 88deg., Id lower, at 8s Bd. Bradford Tops. Market very firm; 40's are quoted at 16Jd, an advance of 46's, at 183 d; common 60*8, 26id; super 60's, 264 d. THE METAL MARKETS. Copper.— Spot, 32s 6d lower, 'at £68 7s 6d to £68 12s 6d per ton; throe months', 35s lower, at £68 5s to £68 10s. Tin.— Spot, 30s lower, at £147 15s to £148 5s per ton ; three months', 30s lowor, at £147 to £147 10b. Pig-iron, unchanged, at 48s 4d per ton. Load, £13 15s to £13 17s per ton. Spelter, £26 5s to £26 10s per ton. Silver, 2s 43d per oz. «■ Messrs. Dalgoty and Co., Wellington, have received the following cablegrams from their London office, dated 7th inst. : "Frozen meat in general, prices are unchanged. Market dull." "Since date of our last telegram, tallow in general is unchanged." "Butter. — Market unsettled. Buyers are operating less freely. The Copenhagen official quotation is unchanged. Total imports of butter into the United Kingdom for the week ending 2nd September, 99,000 cwt., as oomparod with 73,000cwt. same period last year, showing an increase of 26,000cwt. More demand (or uns&lted than salted. Secondary and stale difficult of salo. Do rtbt oxpect any important change in prices for tno present." MAIL NOTICES. Subleol Co necessary alteration! malls will olose at the Chief Post OlTlce as uno>r:~ SATURDAY, 9th SEPTEMBER. For Blenheim, per Ngnngurii, 5 p.m. For' Kaikoura ana Cheviot, per Wakatu, 'For PBouthernP 8outhern Office* of New Zealand, per Fateena, 7.45 p.m. „ For Nelson and French Pasi, per Rotoltl, 7.45 n.m. ' MONDAY, Uth SEPTEMBER. For New Plymouth and Auckland, per Man* ! watu train, 6.30 a.m. For Motueka, per Slanaroa. 11.20 a.m. For Westport, OrcymoutU, and .Hokitika, per Poherua, 2.20 p.m. , For Napier, Uisborne, and Auckland, per Talune, 3,20 p.m. , For Southern Offlcei of New Zealand, per Rotomahana, 6 p.m. WEDNESDAY, 13th SEPTEMBER. Money Orders for United Statei, Canada, United Kingdom, and Continent of Europe via San Francisco, 4 p.m Parcel Mail for United Statei, 5 p.m. Registered correspondence for despatch by San Francisco mail, 6 p.m. Parcel mail lor United Kingdom, per Athcnlc, S p.m. For Southern Office) ol New Zealand, per Rotomahnna, 6 p.m. THURSDAY, 14th SEPTEMBER. For Samoa, Sandwich lilanda, Japan, America, West Indies, United Kingdom, and Continent of Europe, via San Franotneo (duo London 14th October), per Mannwatu train, 6.30 a.m. For New Plymouth and Auckland, per Slanawatu train, 6.30 a.m. The next belt despatch for Continent of Kuropit and United Kingdom will be via S.-in Fruncnco, closing at Chief Post Ofllce, Wellington, on Thursday, 14th September, at 6.30 a.m. (due London 14th October). Money ordcra for despatch by tlila mail mint be Srocured before 4 p.m. on Wcdneiday, 13th eptember. All registered correspondence and parcel! for United Statei mutt bo presented before 5 p.m. on Wcdnosdoy, 13th September, Unleti othcrwiie specified, registered letters must be handed in and money orders obtained one hour before, and parcels-post mails thirty minuttl before, the ordinary mail closes. I * J. A. HUTTON, Chief Postmaster. '

TELEGRAPH MAIL NOTICES. Mails (or Australia, Tasmania, Ceylon, India, China, Japan, un<J Straitß Settlement*, alio South Afrioa, Continent of Europe and United Kingdom, close at Bluff, via Hobart, per Wimmern, on Monday, Jlth inst,, at 3 p.m. Mail* for Australia, Tasmania, Ceylon, India, China, Japan, and Straits Settlements, also South Africa, Continent of Europe and United fUngdom, close- at Auckland, per {Sealandia, on Monday, 11th inst., at 4.15' p.m. Hails for Fiji, via Sydney, close at Auckland, per Zealandia, on Monday, 11th inst., at 4.15 p.m.

Price. Variation as compared witU last we&k. '.\% Imperial Oonaols I % New Soutli Wales \\% New South Wales I % New South Wales I % Victoiiuu', \\% Victorian) t % Victoiiau IJ% South Australian t % South Australian I % (Jueeusliuid, ... tj% Queeu«,l>.nd ... I % l^ueeunluufl t£flewZeaUud # ... \±% iHew Zealiuidj- ... I % JS'ew ZealuoiJ; ... 'i/& West Austniliau t % West Aubtntliuu IJib 'X'asuitiuian ! % 'luaiuauiau £ 8. (I 90 1 3 109 0 0 100 0 0 87 0 v 105 10 0 91) 0 0 W 10 0 99 10 l> 88 10 {j ICW O#> 9U 0 0 87 10 0 110 0 0 >J'J 0 0 87 0 » U7 0 0 69 0 0 99 0 0 9J 0 U (W/- lower o/- lower Uucuunt;ed *)/• lower LTncbaujfed Unchanged Uuchuu^ed LJnu Lunged 10/- higLier Uuubuuged UucliaugiiJ UncliaujTL'd 5/- higher Qncimuged &v/- lower 10/. bn;iier oiicliuu^ed 10/- luglier Uncbauged