COMMERCIAL AND FINANCIAL

Evening Post, Volume LXXXIII, Issue 154, 29 June 1912, Page 3

COMMERCIAL AND FINANCIAL

BANK OF ENGLAND RETURN. ■y Telecrtpb.— Fren Association.— Copyright LONDON, 28th June. The Bank of England roturn issued for the week ended Wednesday, 26th June, is its under: — Issue Dbpabtxest. Nete Issue, £53,100,000 Gov. debt £11,015,000 Other securities ... 7,434.000 - Gold ... 39,651,000 f55.100.000 J255,100,000 BAMXIN9 DbPARTMEMT. Pr'priet'rs' Gov. securicapital £14,553,000 ties ... £13,081,000 Public de- Other secupoaits ... 23,719,000 rities ... 40,576.000 Other de- Notes ... 28,t>tH,000 posits ... 43,018.000 Coin ... J,434,000 Bent, 7-d»y , and other bills ... 3,295,000 i 284,555,000 .184.685,000 The leading itom* of the Bank of Kngl&nd return afford th* following companion: — This week. Last week. Last year £ £' £ Bnlf n... 39,651,000 40.360,000 29,311,000 Ru* *c... 30.325.000 31,884,000 29,456,000 No oir !9.209,W0 28,576,000 29,431,(100 Dm eita ."6.737,000 (53,808,000 63,012,000 II J r< « rt i nsb to liai ti* 45.42 49.09 46.71 l»o v'ERNMENT SECURITIES. The following *r« th* l»t«»t quotations for _ (xorernment Becuritiez. trith a companion of thote ruling last week:—

THE MONEY MARKET. This Last Year week. week. a«o. P.C. P.O. I\C. Bank rate ... " a 8 a Bhorb loans 2J 2J .iif Three ntontfiß billb ... 2 13-16 2 15-10 2 5-16 Paris 2J ,2f -Zl Berlin 4i *1 »4 i GRAIN AND FLOUR. Wheat. — Th© markets arc quiet, but firm. The Continental demand is dull, recont heavy purchases of cargoes—estimated at 60,000 quarters — since the midle of May having- satisfied present requirements. Thirty-nine and ninepenco per quarter is aßlcod for South Australian May shipment, 40s 3d for Victonau and Now South Wales April shipment, und 39s 39s 3d for parcels afloat. For Australian wheat on tho s>pot 42s ban been paid, and for Now Zealand 41s. Flour. — A quiet trade is passing iv Australian patent brands at 2os per sack ex store, and 27s 3d o.i.f. 4 - Tho visible supply of American wheat and flour oast of the Rocky Mountains is estimated by "Bradstroet's" at tho equivalent in wheat of 48,225,000 bushels, compared with 51,912,000 bushels a week ago. Oats.— Market dull. La Plata, MayJuno shipment, 16s 6d per quarter. Peas and Beans.— Quiet, and prices unchanged. Buttor. — Tho market for colonial butters is stagnant, and quotations are only nominal. Choicest Australian, 2s lower at 104s to 106s par owt; New about stationary at llOs to 114s; Danish, unchanged at 118s to 120s. Cheese. — On a dull market Now Zealand white oheooo is 2s 6d to 3s 6d lower at 68s 6d per cwt; oolourod, 2s to 3s lowor at 70s. Sugar. — Tho sugar market is weaker. German beet (88 per cont.) is lOd lower at 10s lid per cwt, and first marks granulated, f.0.b. . Hamburg, 6d lowor at 14s lOd. x BRADFORD WOOL MARKET. Tho Bradford market is firm. In tops, futures arc quoted us under :— 64'b a,t 26d, super 60's at 2Sjd, common i6o's at 24£ d. 56 f s at 21id, sO» at 18d, 46's at lJid, and 40' s at 13id. These prices are the same as last woqk. • THE METAL MARKETS. Silver. — In bars, gd lower at 28gd per ounce standard. Copper. — Forward delivery, ' 17s 6d lower at £79 2s 6d per ton. Tin.— On the spot, 20s higher at £208 per ton; at threo months, 70s higher at £200 10s. Load. — Soft foreign, Is 3d higher at £18 per ton. Pig-iron. — Middlesbro' No. 3, 2s higher at 57s per ton. Spelter.— Half a crown lower at £25 17s 6d por ton. LONDON MARKETS. Dalgety and Company, Ltd., have roceivoa cablo advice from their London office under duto of tho 27th inst. in regard to the following markets : — Frozen Meat.— The market is weak. Smco our last cable prices for lamb are id per lb lower, mutton id per lb lowor, and beef id-jjd per ib lower. It i* expected that any chango in prices that takoß place will be in favour of buyers. Tallow. — Since our last cable prices are 3d cwt higher, but the market remains quier. Wool Sales. — In regard to the series opening on tho 2nd July, everything possible ib being done to carry out tho programme arranged, but it is feaTed that, owing to the continuation of the strike, it may bo impossible to do so. The markot is very firm, especially for merinos.

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Price. Variations compared with last week. Si% Imperial Consols ... 1 % New South Wales „. 34% New South Wales ... i'% New South Wales ... i % Viutoriui $b% Victorian S % Victorian 3J%6?Outh AUbtittliiui 3 Australian ... i ... ... ifl^yueeUHiiuid 8 XtjuoenEland ... ... Di^Mew '$ «Kok 2«ni»udJ iSi%W«KtniUkn j , y^'Xußnuuuiui 8 %'l'aßuiuumn ii b. d. 76 10 0 10a U 0 OS 10 0 86 in 0 100 10 (i 0b JU 0 8:2 10 <l 95 10 V !>9 10 0 10v> 10 0 05 7 6 sa 10 0 102 0 <i 01 10 U M 10 0 91 lv 0 6(5 0 0 .03 10 0 B4 0 I 2/6 higher UnciiaUffed Unchuueed. UucUiiUK«d Uncliaugred 10.'- lover Uuchauxed Uucliaujed Uuchang'cd L'ncbauged Uucliiuiged Uuchanged l/ncuiui(c»d IU/- lower Uucha.uged Uucuauged Uudwuged UiitihunKtid Unchanged * Interest payable in Hay and Noreinbcr. f Interest iwyable in January and July. $ Interest payable in April and October.