COMMERCIAL & FINANCIAL
! BANK OF ENGLAND RETURN. fPBESS ASSOCTATIOJf.7 (Eeceived September 15, 9 am) Thßßa^^ON 14th September. ISSUE DepABTMEKT. Note issue £52,084,000 Got. debt £11,015,000 <"lth«rseeun- _ ti ° 3 ». 7,434,000 GoI <i ... 33,635,000 £53,084.000 £52,081,000 rr pnet rs Q or Mnur , *»£ £U - 553 '*» <&"%«»**» -sf *™° & ••• *» and other bi "s ... 3,729,000 f69.583.000 £69,933,000 Ihe Jeaaing; items of the Bank of England return afford the following oomparisou FTbis week. Last week. Last year hSS^-S'K?' W-MS-000 33.4^,000 K^t •J" 00 ° 27 .367,000 24.506 OUO Note cir'n 28.734.0U0 J9.C94 000 29 201000 Oeponte 51,701,000 M^OOO 53,710,0u0 reserve to UubiUUes 47-85 5010 45 54 GOVERNMENT SBGCTaiTIKS. ; The following aro the latest quotations for Government securities with a comparison of thohe ralii.B last week :—
* interest piij-uWe iv May and £Jov»uiuei. t Interest payable in Jauiuu-y aud J uiy. jiiii.Ki.eaG imyuole in April iv Ociiouac. the Money market. The- market rat© of discount for best three months' bills is 7-16 higher, at 3jj per cent. The Bank of England rate is 4 per cent., as against 3i per cent, on 13th September. n _ COLONIAL AND OTHER PRODUCE. Wheat.— Tho English and French harvests have been completed with splendid yields. Large sales by needy farmers i have depressed the market to the extent of od per quarter. Tho shipping of American wheat is weak. Cargoes are dull. Australian, 29s 4jd; there is no enquiry for on pasaagfe cargoes. A shipment of South Australian June shipment is offering at 30s 6d, August 30s 9d; Australian spot, neglected, nominally 31s to 31s 6d; New Zealand, supplies exhausted. Flour is flat. Australian 22s 6d; holders are pressing sales. Butter is very firm. Danish is unchanged. New season Australian butter is excellent. Choicest unsalted is quoted at 116s to 120s ; salted, 112s to 116s ; old Now Zealand, 114s. Sugar. — Tho market is steady. German beet, 88deg., 4d higher, at 9s lOd; first mark, granulated, f.o.b. Hamburg, 5d higher, at 12s per cwt. Bradford Tops.— Tho market is quiet, but prices are unchanged. THE METAL MARKETS. Copper, 12s 6d higher, at £86 17s 6d per °Tin.— Spot, 20s lower, at £184 7s 6d; threo months', 27s 6d lower, at £183 2s od per ton. Lead, 7s 6d higher, at £18 7s 6d per ton. Pig-iron, 6d higher, at 54s lOd per ton. Silver is quoted at 31 7-16 d. LONDON MARKET ADVICES. Dalgety and Co., Ltd., havo received tho following cablo messages from London, undor data of the 13th instant :— "ButterMarket firm, without change in prices. The total imports of butter into tho United Kingdom for tho week ending- the Bth instant amounted to 87,0000wt., as compared with 76,000cwt. for the corresponding week of 1905. Frozen Meat— Aotivo demand for pork, at s|d. Wo expect the demand will continue at about 6d up to the end of December. There is moro demand for ."rozon meat in general, and tiricoß aro higher by id per lo; for all descriptions. Tallow (in general) higher by 6d to 9d per cwt. The demand is chiefly for good to prime mutton tal!-»w." WOOL AND~"SKIN SALES. Lovin and Co., Ltd., roport as follows rogarding yestorday'u salo:— Wo offered a small cataloguo of wool, 1750 skins, 200 hides, and a quantity of tallow and horsehair. Wool— Thero was a firm tono in the market, and all lots roalisod last salo prices. Wo quote :— Coarao crossbred B£d to 94d, inferior and loggtained, 7d to 7jd, pieces and bolltos 5d to 6d; crutchings, superior 6|d to 74d, good 6d to 64d, seedy an i d ,, ll ° fonor s <* <» 6jd. Skins-P "cos ruled fern at lost rates, with a stronger demand for green skins ana dead skinn. breds Bid to 9W, coarso crossbrods Bid to 9d, dead skins 6Jd to 7W, dead hoggets 7d I°, I** 1 ' » hort w 001 " Mto 73d. lambskins 8d to 9d, woolly greon skins 7s to 8s 6d. *1 allow— Strong competition at advancing & r of e ?X- P£rcolsP £ rcols >£ shipping order sold at. £24 10», tms at £18 to £19, rough fat aft *Jl4. 15». Hoxtpfaair sold at Is 6tf to 1" Bd.
per lb. Horns, 7a to 16s 6d per 100. Hides— There was a largo attendance of buyers, and bidding was very animated, and prices wore realised that havo not been known in this market for years. Best or advanced fd per lb., and cow $d per lb. Inferior hidos also advanced id. Wo quoto:— Ox hides, 701b. and over 6»d to 68d, 601b. to 701b. 6£d to 6id, 501b. to 601b. 6d to 6id; cow hides, 501b. to 601b. 6d to 6id, 401b. to 501b. 6d to 64d; calfskins, best 6£d to 71d, cut 4Jd to 6d, slippy 2Jd to 4£d; cut and slippy hides 4d to s£d, stag hides 3gd to 44d, bull hides 3Ad to 4d. Murray, Roberts and Co. roport:— Wo offered a small cataloguo of wool, 1500 akins, and 450 hides and calfskins. 1 Buyers were present in forco, and the tono of the market! for skins and wool was firmer, though wo quoto no appreciable chango in prices. Hidos and tallow woro in strong request at highor figures, being upwards or a halfpenny per lb. better. -for hides, a penny per lb. for calfskins, and 25s to 30s for tallow. Prices were as follows: — Wool — Crossbred oddments 8d to 9d per lb., orutchings (good) 6£d to_ 7d, crutchings (inferior) 5d to 5Jd. Skins— Halfbred 9d to 9£d per lb., fine orossbreds 9d to 9id, crossbred (coarso) B£cl to 9d, dead and hoggets 7d to Bd, lambs 8d to 9d, inferior pelted 6£d to 7|d. Hides— Ox (medium to good) 5Jd to 6^d per lb., cow (medium to_ good) 5Jd to 6gd, inferior conditioned hidos sid to sid, calf (sound, good) 7d to 7Jd, calf (medium) 6id to 63d, calf (damaged) 4Jd to 5Jd. Tallow— Tins 17s to 19s per owt., casks 23s 6d to 24s 6d. Dalgety and Co., Ltd,, report that tho following were prices realised: — Wool — The market was firm at lato rates. Wo quote: — Crutchings (medium) 6id to 6|d per lb., crutchings (inferior) sj|d to 6d, inferior fleece Sid, dead 6£d to 7£d, good pieces 7d, washed pieces 4£d. Horsehair, Is sd. Skins— The market was very firm at lato rates, and, if anything, 'showed a slight odvanco on last sal? prices. Wo quoto:— Good crossbred 8?d to 8d per lb., inferior crossbred 6£d to Sid, hoggets Bd, dead and brokon 6jd to 7|d, halfbred 8d to 9d, lambs (dead) 71d to 7Jd, crossbred (short) Bd, green (nothing heavy offering), inferior 4s 6d to 6s 2d each, medium 7s to 7s lid. Hides— Tho market showed an advance of Id per lb., and all lots wero keenly competed for. Quotations: — Prime ox 6d to 6jd per lb., inferior ox sijd to sld, ox (out and slippy) 4d to 5Jd, good cows 5Jd to 6fed, inferior cows s§d to 5Jd, cut and slippy 4£d to s|d, bulls 4d to 4£d, calfskins 6d, .cut and slippy 3d to s£d, cowtails Is 6d per dozen, glue pieces 5s 9d per cwt., horns 7s per 100, shank bones 3s 3d por ewt. Tallow — The market advanced Is por cwt. Primo (in casks) 24s 6d, in tins 16s 9d to 18s 3d, rough fat 14s 9d to 18s 9d. Tho New Zealand Loan and Mercantile Agonoy Co., Ltd., report: — Wool — Crutchings, medium from o^d to 7d, inferior 4d to 6d, dead wool from 7Ad to 9d; crossbred, light conditioned Bjd to 91d, coarso Bid to 83d, lambskins 8d to 9id, broken and inferior skins ssd to 6£d, dead hoggets and ewes 6jd to , Bid, green skins from 6s to 8s 7d. Odd skins occasionally reached 9s 3d each. Hides— Sound ox and cow s|d to 6Ad, cut and damaged 4d to sid; calfskins, sound from 6id to 7|d, cut and damaged 3d to sd. Tallow— Good mixed up to 24s 6d per cwt.
Price. Vn.riii.tiou as compared vritU last week. S§% Imperial Consols 4 % Men Booth Wales 3|% Kerr South Wales 8 % Nevf South Wales 4 % Victorian 3\% Victorian 3 % Victorian 3i% South Außtr&lian 5 % South Australian * % Queensland S(% Queensland ... 3 % Queensland ... i % Mew Zealand* ... 3i% Hew Zealandt ... 3 % -New Ze&loudt ... 3i% West Australian 3 % Wedt Australian 3i% Tusniauian 3 % Tusmnniau £ s, d Sti 7 0 108 10 ( , 93 10 0 87 0 V 105 0 0 luO 10 ■ b8 10 0 101 0 U 87 10 0 10U 10 U 10J 0 0 be 10 v lOd 0 0 100 10 v 8» 1U 0 10-J- 10 v 8a io o 100 0 v t)9 0 v 51- lower Uuch.iuged (Jiic banned 10/- lower Uncuauged 10/- lower Una banged Uiicuaugnd JucUaugcd Unchanged Uuonanged MJ- lower Uuckuuged 5/- lower l/uciuuiged (JncuuutfOcl Unchanged LTnuiuiuged
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Bibliographic details
Evening Post, Volume LXXII, Issue 66, 15 September 1906, Page 4
Word Count
1,450COMMERCIAL & FINANCIAL Evening Post, Volume LXXII, Issue 66, 15 September 1906, Page 4
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