LONDON CABLE.

Auckland Star, Volume XXXIV, Issue 171, 20 July 1903, Page 2

LONDON CABLE.

(Received 7.30 a.m.) LONDON, July 19. Copper, on spot, £50 12/6; at three months, £55 17/ C. Lead, £11 11/3. At th« kauri gum sales 1938 cases were offered and 1200 sold at full prices. Threequarter scraped, 150/. Sheep: Canterbury, light, unchanged; medium, -Sid; heavy, 3Sd. Duncdin aud Southland, 3 13-16 d; North Island, 33d. Lamb: Canterbury, light, 51d; heavy, 5 ;;-16d; Dunedin aud Southland, 5Jd; North island unchanged. New Zealand beef, ISO to 2201bs of fair average qualit , - , : Ox hinds, 4i; foros unchanged. River Plate: Sheep, heavy and light, 3 7-16 d; beef fores unchanged; hinds, 4Jd.

Wool Sales. —Merinos and fine cross lireds from par to 5 per cent. Lelow opening rates; greasy, Id above.

(Received 9.30 ajn.)

LONDON, July 19.

The wool was good, and merinos sold well. Competition was eager, and top prices were realised for New Zealand crosshreds. The sales included Woolerina, 20ild; Hill River, lOJd; Talpon Pauikan, 7£d. To date 126.604 bales have been catalogued, an-1 116,128 sold. Silver is at 2/1.

(By Telegraph.—Press Association.)

Received 10.45 p.m.)

LONDON, July 17.

The Bank of England returns show the stock of gold coin to be £34,475,000; reserve, £24,145,000; proportion of reserve to liabilities, 51.86; in circulation, £29,tf24,000; public deposits, £6,915,000; other deposits, £41.450,000; Government securities, £15,----843,000; other securities, £29,989,000. Three mouths' bins are discounted at '-'? per cent.

Consols, 92J. New South Wales 3} per cent,, are at 101; Victorian 1 per cents, at 105}: Pouth Austral hiii 3 per cents, at 92; Queensland 4 per cents, at 100, and 3 per cents, at 92-1; and New Zealand 4 per cents, at 109. Copper ox. spot, £50 10/; at tluee months £55 17/6." Tin, on spot, £123 5/; at throe months, £120 5/. Lead, £11 8/9. Iron, 52/3. Sugar, first marks, 9/7; German, 8/. Bradford wool is dull, with limited demand. Forty-sixes, 14d. At the wool sales Oar clip fetched 7M; Haka, OJd; Caithness, 10* d; Teviotdale, IOJd. Prices are generally firm at lute rates. [The above cable was delayed in transmission.]