FINANCIAL AND COMMERCIAL.

Greymouth Evening Star, Volume XXXI, 14 October 1901, Page 4

FINANCIAL AND COMMERCIAL.

(BY ELECTRIC TELEGRAPH —COPYRIGHT.) London, October 11. Bank of England Reserve .. £25,092,000 Coin and Bullion .. .. 25,240,000 Percentage of Reserve to Liabilities .. .. .. 47.13 In circulation 30,057,000 Public deposits 8,274,000 Other deposits 44,772,000 Government Securities .. 19,577,000 Other Securities .. .. .. 20,312,000 Three Months Bills .. , .. 2 3-10 %

GOVERNMENT SECURITIES.

1 The wheat markets are dull, but fairly firm; American is hardening Cargoes are firm; Victorian and South Australian afloat 28/3 ; loading 29/-. Copper is firm. Spot £O3 17s 6d. Three months £63 12s 6d. Tin is firm. Spot £ll3 IQs. Three months £lO6 15s. , Lead—£ll 15s. Iron—s3s 7|d. Sugar is quiet. German 7/71. First marks 9/41d. Bradford wool market is chiefly specutive. Common sixties IBld to 19d ; superior 181 d to 19Ad. At the wool sales, the prices compared with July for fine merinos were fully 10 per cent higher ; medium is low, 7i per cent. Crossbreds were sold irregularly from 5 to 7h per cent higher ; medium low sorts generally lost the opening improvements ; lamb wool ten per cent higher quality. Catalogued to date 273,631 bales; sold to Home buyers 139,000; Continent 127,000 ; American 3,000; held over 33,500.

Name cf Security Price. i Variation I as compared with | last week. £ 8. d’| 21% Imperial Consols 93 0 0 Unchanged 4 % N. S. Wales 113 0 OiUnchanged 34% N. S. Wales 103 15 0 Unchanged 3 % N. S. Wales 94 0 0,Unchanged 4 % Victorian 111 0 0 10/- higher 3J% Victorian 100 0 0 Unchanged 3 % Victorian 90 5 0 40/- higher 3J% South Australian 100 5 0 t Unchange.i 3 % South Australian 94 0 O'Unchanged 4 % Queensland 103 10 0 Unchanged 34% Queensland 101 0 0 Unchanged 4 % Now Zealand 114 15 O'Unchangod *34% New Zealand 107 10 0 15/- lower 3 % New Zealand 9L 13 0, Unchanged 3Tasmania 103 0 0 Unchanged 34% West Australian 101 0 OiUnchanged 3 % West Australian — 1 —