COMMERCIAL.
By Telegraph—Press Association—Copyright London, Jan. 17.
The Bank of England returns show tho reserve to bo £23,460-000 ; hr coin and bullion, .£32,902,000 ; proportions of reserve to liabilities, 44'61 ; in circulation, £29 292,000 ; public deposits, £10,328,000; other deposits, £42,047,000 ; Government securities, £20,373,000 ; other securities, £26,797,000. t , , Three months bills aro discounted at 3 per cent. „ ~ , Consols aro at 93J. New South Wales fours, 116fi ; Victorian three-halfs, 104 J ; other stocks, unchanged. The wheat markets are quiet. American ’ is weak and irregular owing to tho failure of a large operator at Chicago. Cargoes are dull. South Australian November shipments sold at 30s 3d. There is fair trade in butter ; Colonial is at 104 sto 106 s. The Kumara’s cargo was landed in excellent condition. Danish is flat at 103 s to 109 s. Cheese is firm, but unchanged in price. Babbits are firm at 8-Jd to 9d, owing to the light shipment. Hares are noglected. Sugar is firm. German is at 6s 6d ; first marks, 8s 3d. Copper is firmer ;on spot, 46 1 ; three months, 47J. Tin is steady ; on spot, 1043 d ; threemonths, 1014. Pig iron is at lead at 10 7-lOj and spelter 16 1-16. Silver is at 2s 1 l-16d. Tho Bradford wool market is steady, prices being unchanged.
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Bibliographic details
Gisborne Times, Volume VII, Issue 318, 20 January 1902, Page 3
Word Count
212COMMERCIAL. Gisborne Times, Volume VII, Issue 318, 20 January 1902, Page 3
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