COMMERCIAL.

Dominion, Volume 2, Issue 395, 2 January 1909, Page 8

COMMERCIAL.

LONDON MARKETS. '■ - (si TELEGRAPH—PItESS ASSOCIATION —COPTEIQET.) (R«o. January 1, 9.50 a.m.) London, December 31. Copper, ;£63 17s. 6d. per ton. Lead,-Xl3 Is. 3d.'per ton. .- Silver, 23 3-lGd. . Wheat.—An Australian cargo sold at-375. The . American , visible .supply of wheat is .84,713,000 bushels. | ' BANK OF ENGLAND RETURN. . : - (BT ASSOCIATION—-COPYRIGHT.) .; London, December 81. Tho Bank of England return, issued lor Ino • reek , ending Wednesday, December SO, ia as knderi-rr.-'-'T . ' ' .' . IESUB. DEPABTMESI. • • '■' •' Bote IMM ...: Gov;securitieafll,aiS,ooo ' -i- - votber.seonii-. - .. . — ties ... 7.434.000 Gold _ 20.411.000 i X 17.550.000 -.-.i17.8c0.000-. BiKraa Department. n v ' 'V - - Proprietors' - ' ■■ ■; Govt, securi- •. capital . £14,553,000 . tiesr": £1i.731,000 ; f , ••; Pnblio do- • . Otbor securi-, . '• ' ' ' . posits. ... . ties , ... 45.056.000 : -. Other da- t' . " posits 63.603.000 Notes : : «. 18,109.000 .Rest, 7-day . .••.■ and other ;■ . Cola ; - -— . .1,322,000 . n r;.' btlii ... 3,148,000 ' . . £"0,248,000 ' '■ £70,!48,000 .. ;'>te leadmg items of the Baiik.of England f ; - .' .return afford the following comparison:—' ; . lhisweek.l/astweek.'Lastyear fj " V:V. Bn'liioD « ' '20,411,000 £1,1.03.080 Reserve 19,431,0C0 19,E58,000 , . 21,47J,000 {] - Kotecircalalion £9,751,000 £0,035.003 .. 29,620.000 ■ '.'C '• Public Deposits'' V 7,924,100 ,■ ; 7,69-i.UUI - 7,659,000. " . Other Deposits 53,603,000: 12^61',000:. E3.EI/.000 . ' Proportion ol - i. leservo. to lubibUes..' SICO SB3O 35.63 V V-^ r or!£-,:" . 'si GOVERNMENT SECURITIES. f( ' Tho following aro the latest quotation! for V.V. : Government securities,' with:-a comparison:, .ol ifi • - those ruling last week:— . . •' . ' • . . . • ./Variations - V-. • .- - " last yeok.----V.-i,. £ b. a. .■.> 'p . % Imperial Conr-oJs... 81 •0 * 0 2a. 6d. higher • N.8.'W.1933Jan.-Joly - 107, 0 0 , Onohanged - , -'Vi4-,,N.5.W.1918Mar-fept; ~ 09 10 0 - 10s. higher "' i> ; . ; ,, ..: -83. 50. 255. higher- ■■■ .4 ' Vic. 1620 •• ... 103 0 0 . : l6 B .'liiehcr -: ■li „"Vic'. 19-21^Jan.-Juiy. 90- 0 0' ..-".JOs.higher. -' - 8 : l, .Vic, IS2W9 Jaa.-July- . ... .87 10 0 . UnchanSed . : " -,£5,, SXl9l6Jaii.-July" • I G9 -0 .0 ' UnchthS'e'd, • * i „S.A. 1916 Jan.-July 84 5 0 .. ss. higher :: 4 , ; QTdl9ls-24Jan.-Juiy ... 104 15 0 :' ss. lower - Si „ Q'l'diMl-30Jan.-July ... £9 -0 0 TJichanSed .' " a „(J'rdl922-47Jan.-July. ... ,85.10 .0 Unchanged ~ 4 : ... 107 0 0 Unchanged •.: :sj',VN.Z. 1940Jan:'-Juiy , " . 9815" 0-, -. S'- .N.Z.l94sApril-Oct. : Hii... 8815"0;, 15s.higher' . ai' „ W.A.l9ifl-40May-Nov • ... .97 10 -0 Unchanged: 3 ~W.A.1915-35May-Nov:>'"... "8710;0' : Unchahged: a 3i'; Tas. 1940 Jan.July 9110 0 ■ Unchanged : .S> » I»s.im4oJ»nWiUy \.SS IO '-O - - Unchanged - THE MONEY MARKET. The Bank of England 'discouiit rate is tin-■■••.-;'changed-, at 2J per cent... . ■- : ;v■ a ,:' i : i The' market I discount; rate for ~uie best three months'.bills'is unchanged at."2l percent. v the Pans rate is 2j per cc-nt., tho Berlin rate 2J per cent. ■ -Snort loaiiE .are j higher at-2i : per cent.':- , 1 : . "Wheat.—The.Markets ar'eVdull, a, holiday, tone - ruling. Cargoes are; firmly -held,- -and 395.: is • asked for October sailers.- , . The. .Hinemoa's 'cargo sold'at 365.;3d. ; There-is a'slpw-tode in ~ ::-. . Australian, ;.oh-'spot,; at 403.^';to'41s.'-'. ■■: Y v i '■ • Flour. —London prices are 265. to 275. Glas- ;■ ■' go-yv'quotations'are unchanged-(Australian 28 s, td. for spot)." .'- : q;;. .: Butter.—The: market- is -firmer, and there: is ■ . ■ an improved, demand -all," round owing .to;:the N'' cold .weather.'; -Australiaii, 106s. to- ,103s. - -'-THe . Athenic's sliipment 'cleared at 1095. 'to llos. ' The' ' i -c hiarket''for is* very-strong,..owing j; to that" tho"whole" of: the "Paparoi s " butter-is destroyed;. Danish, 110s. to -Uls. ; '. Cheese.—The market is dull, and J prices are • urichimged:' : * - Sugar.—German, 10s. 2d; first marks,. 125.-2 d. ,- ; Bradford market is. firm. 1 here . .* ' is -lnbre enquiry for - 40's at Is., and -"G'b at ... ; o ;i :l3ld.\',::Prices::q^;'#ers?are;^hanged.>^ - - THE 'METAL MARKETS ' Copper.—On spot,. 7s. Cd. higher: at .£63 15s. i, . per ton; three months, :ss.' higher at : «C&i -103. , . per ton. V ."v' :"'..:.':i - Tin-—On spot, 7s. 6d; lower, at «£132 os. per j ton; three months, ■ .E133 10s. pel- ton.,. - . ' Lead.—Unchanged, at-il3-per ton. ■ ... - • . ' . Spelter.—.ti'l per' ton. • . . • - --' -' i - Iron.—ld. dearer, at 495. 2d. > per tott j