COMMERCIAL.
By Telegraph—Press Association —Copyright
London, Aug. 16. The Bank of England returns show the stock of gold coin and bullion to be £35,644,000; reserve, £25,360,000 ; proportion of reserve to liabilities, 50 - 93; in circulation, £3,013,600; public deposits, £10,433,000; other deposits, £39,187,000; Government securities, £16,500,000; other securities. £26,012,000.
Three months’ bills are at 2g per cent. Consols are at 94 J. Queensland Fours are at 1074. The rest are unchanged. Wheat —The market is firm and price steady. American is hardening, owing to decreased official estimates for spring crops. Cargoes of strong Victorian and New South Wales August - September ■shipments are at 29s 9d. The Inverczode’s New Zealand cargo sold at 26s 3d. Copper is improving in price ; on spot, £65 10s ; three months, £66 10s. Tin is quiet at Oils 1 Old.
Sugar, German, 8s 7!d; first marks, 10s 9d ; market weaker.
Bradford wool is very firm, but prices are unchanged.
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Bibliographic details
Gisborne Times, Volume VI, Issue 190, 19 August 1901, Page 3
Word Count
152COMMERCIAL. Gisborne Times, Volume VI, Issue 190, 19 August 1901, Page 3
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