TRADE AND FINANCE.

Taranaki Daily News, Volume XLVI, Issue 183, 6 August 1904, Page 2

TRADE AND FINANCE.

LONDON COMMERCIAL CABLE. (Received August 5, 9.42 p.m.) LONDON, August 5. BANK OF ENGLAND RETURN. The Bank of England return, issuod for the week ending Wednesday, August 3rd, includes the following liffures :—Bullion, £32,148,000 ; reserve, £23,282,000 ; proportion of reserve to liabilities, 48.6(>; noto circulation, £29,278,000 ; public deposits, £0,027,000 ; othor deposit?, £41,735,000. Government securities, £15,704,000 ; other securities, £20,865,000. GOVERNMENT SECURITIES. Imperial consols are quoted at £B7 15s ; New South Wales 4 per cent, stocks £lO9, 8J per cent. £95, 8 poi cent. £B(S ; Victorian 4 per cent. £lO3 10s ; Queensland 8j per cent. £95 15s ; New Zealand 3 per cent. £BB 10s; Tasmania!) 3J per cent. £99. Other stocks are unchanged. THE MONEY MARKET, The market rate of discount for be«l throe months bills is 3 per cent. BREADSTUFFS. Tho wheat market is very firm. Australian cargoes oiT tho const are held for 3ls 9d per quarter. A Victorian cargo sold at 31s 3d per quarter. San Francisco wheat is quoted at 1 dol. 40 cents i>cr cental. Minneapolis flour, 4dol. 65ccnts. COLONIAL ANI) OTHER PRODUCE liutter.—Tho market is ilrmer. Danish is- quoted at IOGs, New Zealand 94s to 90s, Queenidand 80s to 82s. Sugar.— I Tho i-vrUt In active. German beet, 88di-g., m a ke» 10s Id per cwt; first mark, granulated, f.o.b. Hamburg, 12s Id per cwt. Bradford Tops.—The niarkct is quiet, and prices remain unchanged. Tho demand for rabbits is steady. A shipment of hares from Sydneyrealised 2s. THE PRICE OF METALS. Copper.—On the Spot, £SO 12s Gd por ton ; throe months, £56 15s per ton. Tin.—On the Bpot, £122 12s 6d per ton ; three months, £122 17s Od peaton. Pig Iron.—Mktdlesborough, No. 1, cash, 43s per ton. Load.—£ll 15s per ton ; spoKor, £22 Is Sd per ton. Silver.—2s 216-16 d per oz.

CABLE! NEWS. ?

(United Press Association-By Elee- • trie Telegraph Copyright.)