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ENGLISH COMMERCIAL.

LONDON, May 9.

Bank of England Returns.—Coin, £23,300,000; bank reserve, £23,957,000; proportion of reserve to liabilities, 48.61; public deposits, £7,965,000; other deposits, £41,0S1,000; Government securities, £14,---524.000; other securities, £28,232,000. Money Market.—The market discount rate for three months' bills is 22. Imperial Consols, £95. New South Wales four per cents.,£lls. Victorian four per cents., £112. South Australian three per cents., £95 10/. New Zealand four per cents., £112; 31 per cents., £108; three per cents., £96. Tasmanian 3. per cents., £104 10/. Other stocks are unaltered. WHEAT. The wheat market is firm. The English market is advancing owing to unfavourable crop reports. American cargoes meet with strong demand. A Victorian January shipment sold at 30/; a South Australian March shipment at 30/. METALS. Copper and lead are unchanged. Tin.—Spot, £133; three months, £129 15/. Irort; £53. WOOL. The Whama (?) clip, sgd; Omarama, S_d. The Bradford market is quick, prices being unchanged. The top-makers are advancing the quotation.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19020510.2.68.3

Bibliographic details

Auckland Star, Volume XXXIII, Issue 110, 10 May 1902, Page 6

Word Count
158

ENGLISH COMMERCIAL. Auckland Star, Volume XXXIII, Issue 110, 10 May 1902, Page 6

ENGLISH COMMERCIAL. Auckland Star, Volume XXXIII, Issue 110, 10 May 1902, Page 6

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