TRADE AND FINANCE.

Taranaki Daily News, Volume XLVI, Issue 229, 1 October 1904, Page 2

TRADE AND FINANCE.

LONDON COMMERCIAL CABLE.

(Received Sept. 30, 9.05 p.m.) LONDON, Sept. 80, BANIC OF ENGLAND RETURN.

The Hank „[ England return for tlie week ending Wednesday, September •intn, includes tlie following figures -Go-d coin, otc., £30,889,000 ■ reserve, £28,909,000; proportion of reserve to liabilities 57.5 ; notes in circulation, £28,402,000 ; public lieP° U : other de W» slt «. £itoo," ! ' <! , overw " ont securSiiit* 489,000 ' ° w ' c ' uritit ' s , £ 25 THE MONEY MARKET.

lln mm kit rate 0 I discount (or Best three months bills is 2i ner cent. * 1

GOVERNMENT SECURITIES,

The following nra the latest nUotut'ona for vjirioug CJovermuent socuritios Imperial Consols, £BB 7s s , outll Wales 4 IKT cants., ■ Llu,i «»» ; '4 per cents., £9<S ; a nor cents., £BS 10s. Victorian 4 per cents., £lO3 5s ; 3} per ccntfl., £9o* .1 per cents., £B7. South Australian dj per cents., £9B ; 3 per cents., £BO. Queensland 4 ]kt cents, £104,' !!J per_cents., £9(i 10s; 3 per cents.', £BS, Ids. New Zealand 4 jier cents., £IOO 30s ; 31 per cents., £9B 10s • 3 per cents., £B7 10s, Tasmamian 3i per cents., £99 3 i>er cents.. £B/. West Australian 3J per ix-nts. £97 ; 3 |H>r cents., £BO. COLONIAL AND OTHER PRODUCE

Wheat.—The market is very firm, and cargoes are hardening. Two Australian shiipments sold at 34e 6<J ivnd 33» 3d per quarter respectively, A tihii*d and 8000 quarters of September shipment reulised 355. Flour.—Sydney 27s 9d to 28s per cental ; Melbourne, 27s 6d to

Sugar—First marks, 13s 3d • German beet, lis 3d.

Butter.—Quiet, but firm. Danish is unchanged. Choicest Victorian. 110s to 112s per cwt ; New South Wales, 100s to 112 a (both occasionally 114s) ; for new Queensland, 96s ; and stored New Zealand, 965.

Rabbits. Quotations unchanged. Market quiet owing to increased supplies of English. PRICE OF METALS. Copper—Spot and thneo months. £SB 2s 6d per ton. lin —Spot, £127 10h per ton : three months, £l2B. Pig iron.—Middlesborough No 1 cash, 43s per ton. 178 P® r ton : welter, £22 6s 3d. Silver, 2s 2}d per c*. THE WOOL SALES. LONDON, Sept. SO. Bradford tops.—The market is dull with little business doing. Holders remain firm. (Received Oct. 1, 10.21 p.m.) LONDON, Sept. 30. Wool —Fifty thousand bales haro been Hold for home consumption, 30,000 for the Continent, 4000 for America, and 2500 are held over. Compared with the closing s ß l<>s of the duly series all good and medium combing Morinos advanced 5 per cent., and good greaities slightly more, while faulties and short scoured, in heavy supply, declined about • r > per cent. Ordinary rfiabby crosshreds were unchanged, medium advnjieed 5 per cent., fine ft to 7J per cent., and coarse (suitable for Amorlca) 5 to 10 per cent. Best Merino lamb* mado very full rat«t, faulties and shorts declined 5 per lent., and cro ash rods remained unchanged. Tho «ale» included "Severn" 12} d, "Searle" 16jd, '''Glntquoich" 10|d.

CABLE NEWS. (United Press Association—By Electrio Telegraph - Copyright.).,