COMMERCIAL.

Evening Star, Issue 15174, 3 May 1913, Page 5

COMMERCIAL.

Messrs Dalgety and Co. have declared an interim dividend at the rate of 8 per cent, per annum. The secretary for the Money Club (Mr Hugh Mitchell) reports that applications for loans to the amount of £230 and for five shares were received at this week’s meeting of trustees. MONEY; AND -MARKETS. Press Association—By Telegraph—Copyright LONDON, May 2. —Bank Returns and Discounts. The Bank of England returns show the s i^ k , g° ld com and bullion to be £36,302,000; reserve, £27,231,000; proportion of reserve to liabilities, 49.22 per cent- The notes in circulation total £29,987,000; public deposits, £15,730,000; other deposits, £39,574,000; Government securities, £12,880,(300; other securities, £32,985,000. The Bank rate of discount is 44- per cent. Short loans are discounted at 34 per cent., and three months’ bills as follow :—London, 3 15-16 per cent.; Paris, 4 per cent:; Berlin, 4J per cent. Consols are quoted at £74 12s 6d. —Colonial Stocks.— Tho following are the quotations for colonial Government stocks, compared with those ruling a week previously :

t Repayable 1929-1949. ' —Wheat and Flour.— W heat: The market is inactive. Australian spot, 40s 6d to 41s 6d. Official quotations : Prompt, 38s to 38s 4id; on passage, 395. Flour : The market is firm, and prices are unchanged. —Oate and Beans.— Oats : The market is firm. La Plata, April-May shipment, 16s 9d. Beans and peas are firm. —Butter and Cheese.— Butter : The market is dull. Danish, 115s to 117s; choicest Australian, salted 106s to 108s, unsalted 110s to 112s; New Zealand is exhausted, and is quoted nominally at 112s to 114s. Large supplies of new Siberian are selling freely at 100s to 102s. Cheese: The market is steady. New Zealand, colered 57s to 58s, white 595. —Metals.— Copper : Spot, £67 ss; three months, £67 ss. Tin : Spot, £231; three months, £220 10s. Pig iron. 675. Lead, £l7 15s. Spelter, £25. —Sugar.— German, 9s 9d; first marks, 12s 4d. —Wool.— The Bradford wool market is very firm and more business being done. • (Received May 3, at 10.50 a.m.) Tallow ; Stock, 4,482 casks; imports, 2,863 casks; deliveries, 2,696 casks.. Copper ; Supplies, 44.686 . tons; deliveries, 45,932 tons; stocks, 30,437 tons; afloat, 3,400 tons. Wheat The European visible supply is 43.828,000 bushels. Tin: Stocks, 10.814 tons; spot, 1,159 tons; afloat, 3,493 tons; deliveries, 2,406 tons. THE WOOL SALES. LONDON, May 2. The. following prices were realised for the fleece portions of the clips named ; Ibitu, top price 10jd, average lOfd; Ruapopa, top lid, average B|d; Okare, top 10jd, average 10ld; . Homewood, top Is, average 11M; Kumnkumu, top Is Old, average lljd; Makatarama, top Is 2d, average Is lad; Mendip Hills, top Is 2?d, average Is Brookdale, top Is 3d, average Is Ifd. (Received May 3, at 11.55 a.m.) There was ’ a good sale, - with prices firm ■hirt ttochangod.

New South Wales 4’s April 25. May 2. ... 101 mi New South Wales 3i’s ... 97 97 New South Wales 3|-’s ... *90 *90 New South Wales 3’s Victorian 4’s ... ... Victorian 3i’s . ... ... ... 82 82 ... 101 ... 94 loot 94 Victorian 3£’s ... +91 +91 Victorian . 3’s ... ... ... 78 78 Queensland 4’s ... 100 101 Queensland 3£’s Queensland 3’s ... 94 94 ... 77 77 South Australian 3|’s ... 91 91 South Australian 3’s ... 76 76 New Zealand 4’s ... ... 100 101 New Zealand 3i’s ... ... 89 89 New Zealand 3’s ... ... 78 78 Tasmanian 5!/s ... 89 89 Tasmanian 3’s ... ... ... 83 83 West Australian 3+’s ... 88 88 West Australian 3’s ... 82 82