COMMERCIAL.
By Telegraph—Press Association—Copyrighl London, March 2.
The Bank of England returns show the reserve to be £25,031,000, the stock of gold coin and bullion £34,106,000, the proportion of reserve to liabilities 45.94 per cent, notes in circulation £28,603,000, public deposits £12,924,000, other deposits £41,367,000, Government securities £12,114,000, other securities £35,439,000. Three months’ bills are discounted at 3 11-16 per cent.
Consols are quoted at 97}. New Zealand fours are at 114}, and three and a half at 108 ; Wcstralia 3} percent., 100;}. Other stocks are unchanged in price.
The wheat markets are quiet, but steady. Cargoes of neglected Victorian January and March shipments are at 29s 9d ; sailer parcels at 29s 3d. Butter is flat in price and in poor demand. Colonial is unchanged, with the tendency downwards. Danish is at 110 s. Rabbits : Colonial are dull at about 7}d.
Sugar is dull. German is at 9s 3d ; first-mark, granulated, 11s 4}d. Copper is firm. On spot 70 5-8, three months 71 J. Pig iron is at 53s ltd per ton. Lead, 14 3-8.
Spelter, 17 3-8. Silver, 2s 4 3-16 d. At Bradford, wool is steady. Common sixties are at 17;}, super 18}. For the' Antwerp sales, fixed for the 6th and Bth, there are 7264 bales available, neluding 1414 Australian.
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Bibliographic details
Gisborne Times, Volume V, Issue 53, 4 March 1901, Page 2
Word Count
213COMMERCIAL. Gisborne Times, Volume V, Issue 53, 4 March 1901, Page 2
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