COMMERCIAL & FINANCIAL

Evening Post, Volume LXXI, Issue 148, 23 June 1906, Page 4

COMMERCIAL & FINANCIAL

BANK OP ENGLAND RETURN. [FBzas; association,! (Received June 23, 9 a.m.) _ LONDON, 22nd June. The Bank of England return issued for the week ending Wednesday, 20th June, is as under: — Isaua Dspabtucvt. Note issue £54,165,000 Got. debt £11,015,000 Other securities ... 7,434,000 Gold ... 35,716,000 £54,165,000 £54,165,000 Uaxxivs Dkeaatkibt. Pr'pnet'rs' Got. sacoricapitcjl... £14,553,000 ties ... £15,977,000 Pubßc de- Other seposits ... 11,526,000 curities... 29,543,000 Other de- Notes ... 25,210,000 posits ... 43,733,000 Com ... 1,458,000 Best, 7-day and other bOls ... 3,376,000 £73,188,000 £72,188,000 The leading items of the Bank of England return afford the following comparison : — This week. Last week. Last year* £ £ £ Bullion ... 85,716,000 33,353,000 36,963,000 Reservo... 36.(568,000 24,554,000 28,389,000 Note eir'n 28,955,000 28,031,000 28,922,000 Deposits 54,259,000 51,791,000 55,504,000 Proportion reserre to liabilities 4904 47*38 5106 GOVERNMENT SECUEITIES. The following are tho latest quotations for Gorernment securities with ft comparison of those ruling last week : —

Vanatiou as Price. c °3f e * lost week.

• Inlerebt y«j»U<) in H»j uud aoraiuoei.. t Interest jNj'itbie iv Juuiwrjr ami J uly. ilateresb pu.ju.lile iv April uud OcCu««r. MONEY MAKKiST. The Market rate oi discount for best three montns' bills is 5-lbths lower at 34 per cent. The Bank of Kngl&nd rate is 3± per cent., as against 4 per cent, on tho 21st June. COLONIAL AND OTHER PRODUCE. Wheat.— The English and American markets are quiet, and buyers are holding off. The Continental market is firm. An Australian shipment sold at 31s, South Australian, afloat, 31s to 31s 9d, prompt delivery 32s 3d; Victorian, FebruaryMarch shipment, 31s to 31s 3d; New South Wales, afloat, 303 9d to 3is 6d . Virtorian parcels, June shipment, 30s 9dper Quarter. Flour is dull. Australian is quoted in London at 23s 3d, and at Glasgow at 24s to 24s 3d. Butter is very firm. Stocks are exhausted. Danish, 112s to 114s ; choicest Australian, 98s to 100s; unsalted, 102s to 104s; New Zealand, 104s per owt. Chee39 is in good demand. Coloured New Zealand, 62s to 635; white, 66s per cwt. Sugar is quiet. German beet, 88deg., Id higher at 8s 3d; fir3t mark, granulated, f.o.b. Hamburg, unchanged at 10b 5d per cwt. Sheepskins.— At the sales 3300 were offered and sold. There was a good attendance with fair competition. Prices declined a farthing, compared with the May talcs. Pelts— Short-woolled sorts most irregular, long-woolled crossbreds only slightly in buyers' favour. Bradford Tope.— The market is fairly active; 40's are quoted at 19d; 46's at 204 d: common 60s at 27£ d, and super 60's at 28d per lb. THE METAL MARKETS. Copper— Spot, 20s higher, at £84 10s; three months', Ss lower, at £82 5s per ton. Tin— Spot, 60s higher, at £177 15s ; three months' £2 15s higher, at £177 per ton. Pig-iron, Id higher, at 50s 3d per ton. Lead, 2s 6d higher, at £16 15s per ton. Spelter, £27 7s 6d per ton. WOOL AND SKIN SALES. The New Zealand Loan and Mercantile Agency Company, Ltd., report: — We submitted a. catalogue of about 1300 skins, 55 bales wool, 100 hides, and a quantity of tallow. Buyers were well represented, and prioes obtained were well up to last tales rates. We quote:— Wool— Stragglers, coarse crossbred 9jd to lOJd, good clean clutching* Bid to 9d, «eedy 6id to Bd, locks and pieces 5d to 7id. Sheepskins — Merino 9id to lOd, fine crossbred 9£d to 10id, coarse crossbred 9id to lOd, ghortwoolled crosibreds Sid to Sd, broken and dead 6d to 83d, lambskins from B£d to 10id per lb, green skins from 6s 6d to 9s 2d, green lambi' 5a 6d to 6s 6d each. Hides in good demand at— Sound ox and cow sid to sld, cut and dippy 4d to sd. calf, sound from s|d to 6jd, cut and damaged 3d to 5d per lb Tallow, in tins from 17t to 18b 6d, in casks to 22s 3d por cwt , Levin and Co., Ltd., report:— We offered 60 bales wool, 2500 skins, 300 hides, and a quantity of tallow and horsehair. Prices ofr wool remained steady, and there is no change to record We , quote— Coarse crossbred 9id to lOJd, in tenor and logstained 84d to 9d, pieces and bellies 7d to 7Jd, orutchings, superior B*d to Wd, good 7d to Bid, seedy and inferior aid to 63d. Skins sold at recent rates— Merinos 9d to 9Jd, fine crossbred* 9d to lOJd, coarse 9d to lOJd, dead skins 8d to BJd, short wools Bid to 9Jd. woolly skins, green 7» to 8» 9d, woolly lambs' skins, green 5s 6d to 6s, lambs' pelts 3s to 4s 2d. Tallow— Casks 225, tins 175 3d, saoks 13s 9d. Horsehair, Is 6d to 2b per lb; horns, 78 to 19s 3d per 1001b. HidesGood demand at steady price? Ox hides, 5Jd to 5Jd per lb, cow | hides 5d to ssd, cut and slippy bides 4d to sd, calfskins 5d to 6|d. ' Murray Robert! and Co. report:— We catalogued 70 bale* wool, 3000 sheepskins, 75 hide*, and a few caikg of tallow Prices remained firm, with an upward tendency for extra-coodJtioncd lines of crossbred nkin». Hide* were on a par with lato rate*. Tallow firm at a slight odvanoo. Prices curront were aa under: — Wool— OroMbred, rough fleece, 9Jd to lOJd; exutchingj. good, BJd to 9d ; crutohingg. medium, 8d to BAd ; crutahings, seedy ana dirty, 7d to 7Jd. SkW— Morino*. 9d to 93d ; crowbred, fine to superfine, 10 Id to lid; crossbred, medium to coatzo, lOd to lOia; crowbrod, inferior pelted, 83d to o£d; lambs, superfine lOJd to lid; lamb*, medium, 10£ d to 103 d: short wools, 84(1 to 9id ; green iking, light, 5s 6d to 6* 8d ; gr*en skim, woolly, 7s od to 8* 9d ;- lambs', green, 5s 9d to o* 4d. Hides — Good a\ and cow, s id to 5Jd ; medium ox and cow, 51d to SW; damaged and inferior. 4Jd to sjd: calf, sound, 6d to 6£d; calf, dunaged, 4Jd to 51d. Tallow— Casks, inferior. IBs 6d to 20s per cwt; casks, good -medium.. ,21* to 25t.

Dalgety and Company, Ltd., hold their j usual fortnightly sale of wool, skins, and hides, and tallow yesterday afternoon. They report:— Wool— Crutchings were the principal entries under this head Prices for all classes wore on a par with last, pale mtP6. Wo quote as follcwa: — Jtfedium crossbred- fleece, 9d to. lOd; orutchings. medium quality, 8d to B|d; inferior, 640 to 7id; pieces, 4£d to 6|d; dead, 3id; ■ lamb", 8d to 9Jd. Sheensjcins— Prices were also on a par with last sale. Medium i crossbred, 9Jd to 10|d; inferior crossbred, ] B|d to 9d ; hoggets, B|d ; merino, 9£d : dead and broken, 7|d to Bid; shorts, 9a to 9Jd ; medium green skins, 7s 2d to 8s Id. Hides— >Thti market showed » slight advance. Medium ox, s|d to 5Jd ; cow, 5Jd to 6Ad; inferior cow, sgd to S JU ; bull, 6id to 43d"; slippy cow, 4Xd; yearling, 4id to Sjdi dry hides, 6jd. Calfskins, Bgd to 6jd ; out and slippy, Sd. Tallow— lßs 9d to 22s 6d; rough fa^ 14s 9d. Messrs. Dalgety and Co. (Ltd.), Wellington, have received the follpwing cable message from London, under date 21sfc inst. : — "Butter. — Market firm. The Copenhagen official quotation is higher by one kroner (about Is l^d) per cwt since our cable of tho 14 th init. The total imports of butter into the United Kingdom for the week ending the 16th inst. amounted to 104,000 owfc, as compared with 72,000cwt for tho corresponding' weak of 1905." Messrs. Murray. Roberts and Co. have received the following cablegram, from London, 21st June:— "The market for full-woolle'd merino sheepskins ha« declined id to id per lb, and half-woolled and Khorter^fl&eriuo sheepskins have declined id to gd per lb. Tho nwket for oross&ed skins shows no material change."

■\% Imperial CodsoU I % New Soatii Wales l\% Hew Soutl Wales > % New South W«4ea I % Victorian ... l\% Victoriiui ! % Viclorbm !j% Soutli Außtrmliaji i % South Austmlian I % yueeuahuidj ... >J% Queeiwhuid ... > % yueeualaud .„ I % New Zealand* ... !}% We\T ZenhUMlf ... ) % Hew 'Maiaaii ... ii% West Australian J % WestAn«uubau i % Titsm;uuaa £ R. d. '88 IS (I 103 0 0 100 0 0 8S U 0 102 5 v » 0 (J 87 10 0 101 0 0 & 10 U 10<i 0 0 9d 0 t) 87 0 v 106 10 0 100 10 0 89 0 0 99 0 0 &> 0 0 99 0 v ha o v Unchanged ITuclmnjfed Unchanged Uucluiujjed 5/- higher tfnoUungtxl Unchanged Uuc bunged Unchanged Uuch.tugud LTuclmuyed Uuubatigeii Uuchan^eu 5/ higher (Juoli.ingod IJucliaiio-ed iv/- kiguer Umlmu^ed