COMMERCIAL & FINANCIAL.

Evening Post, Volume LXVIII, Issue 134, 3 December 1904, Page 4

COMMERCIAL & FINANCIAL.

iTStSB ASSOCIATION. 1 (Received December 3, 9 a.m.) LONDON, 2nd December. BANK OP ENGLAND RETURN. The Bank of England return iasuod for tbe week ending Wednesday, 30thrNovember, is as under :— ISSBE DepARTJIEST. Note issne £49,223,000 Got. dekfc £11,015,000 Other securities ... 7,+WiOao Gold ... 30,774,000 *»9,223,000 «49,233,000 Banking Deplhtmbnt. Pr'pnet'rs* Gov. secuncapital... £14,553,000 tie 3 ... £15,610,000 Public de- Other seposits ... 8,274,000 onritles... 29,759.000 Other de- Notes ... 21,112,000 pftsits ... 43,153,000 Com ... 1,778,000 Best,' 7-day and other ' bills ... 3,279,000 £68,259,000 £68,259,000 The leading items of the Bank of England return afford the following comparison : — This week. Last week. Lastysar. £ £ ■£ Bullion ... 30,774,,000 31,023,000 29,281,000 Reserve... 22,890,600 23,5 M,OOO 2t,<>97,000 Note cir'n 28,111,000 27,490,000 28,635,000 Deposits 50,427,000 47,036,000 48,055,000 Proportion reserve to liabilities 4530 50 4 51 4378 GOVERNMENT SECURITIES. The following are the latest quotations for Government securities with a comparison of those ruling last week : —

* Interest payable in May aad November, t Interest payable iv Jantmry and July, j Interest payable m Aprii tuul October. THE MONEY MARKET. The market rato of discount for best three months' bills^is 7^d lewer at 2 51-32 nd per cent. The Bank of England rato is 3 per cent, as against Si per cent, on 21st April, and 4- per oent. on tho 14-th April. COLONIAL AND OTHER PRODTJOE. Wheat. — The market is firmer, with a good speculative demand for distant cargoes; 8000 quarters Australian, February ahipnibnt, and 12,000 quarters DeoemberJanuary shipmefat sold at 33a. Austra.ian wheat, on spot, is slow of sale, at 33s 6d to 345. New Zealand wheat, spot, long-ber-ried, 32s 6d ; short, 33s 6d. Flour is slow, with an easier tendency. London quotation, 25s 6d to 265 ; Glasgow, 26s 6d to_27s. Butter is firm with good enquiry for all classes of colonial, especially secondaries. Danish, 114s to 116s; Victorian ohoicest, 104s to 106s ; few saltless lots at 108s ; New South Wales, 102s to 104s. Sugar is slow of sale. German beet, 88 deg., 4d lower at 14s 5 first mark granulated, 2d ltiwer, at 15s 4cl per cwt. Sheepskins. — At the sales §500 balos were offered, an 4 all sold, the bidding being spirited. Mwino, id to id higher; fine, crossbreds, £d to Id; and medium and coarse orossbreds, Id higher, the advances .being due to American purchases. Bradford Tops.— Tho market is excited. Common sixties, unchanged at 24-d, and super sixties unohadged at 243 d -per lb; 46's, at 16d to 17d per lb. THE METAL MARKETS. Copper— Spot, 2s 6d higher, at £66 15s ; three months', 2s 6d higher, at £67 2s od per ton. Tin.— Spot, 42s 6d higher, .at £135 15s; three months', 20s higher, at £134 10s per ton. Pig-iron. — Middlesborough, No. 1 cash, 8d higher, at 4Ss 5d per ton. Lead, unchanged, at £12 18s 9d per ton. Silver, 2s 3|d per oz. KAURI GUM SALES. (Received December 3, 9.50 a.mi) LONDON, 2nd December. At the kauri auction sales 1414 cases were offered and 250 sold. Prices are unchanged. There are 1008 cases in stock.

Price. compared with last week. ;l% Imperial Co nso]s *$ S eW o OU « UwiJ 08 ! % New South \y a i es I % Victorian !J* Vickoriuu i % Victorian '*$ South Australian * boiitU Australian % QueeusaaiKl \\% Queeusiand % Queensland ."" \% «ew Zealand* ... 1 % Mew SSetHaudt . S# West Anstniliau g> (Vest; Austiuliau »aif> Tasinauian I % 'J-'oßißivniau ..,' & s. d. 6S U 6 108 10 0 or 10 t 85 0 J 105 0 I 9/ 0 86 15 y 98 0 J 1 85 10 ° 105 10 0 97 0 0 85 10 0 108 0. 0 100 J 0 0 88 0 0 95 0 0 84 0 0 99 0 0 87 0 0 10/. higher CTuthunged Unchauged Unuhauged Uachanged Unekan^ed Unchuuged Unchanged Unchanged Unchanged Unchanged . Unchanged 10/- higher Uuclwnged (Tnchanged Unchanged Unchanged Unch an gg e d Uncb an g e^