COMMERCIAL.

Press, Volume LXI, Issue 11876, 25 April 1904, Page 9

COMMERCIAL.

* United Prets Association— By Electric Telegraph—Copyright. LONDON, April 22. The Bank of England returns show that the stock of gold coin and bullion » £32,494,000, the reserve £24,861,000, percentage of reserve to liabilities 46.63, notes in circulation £28,129,000. Public deposits £8,374,000, other deposits £44,741,000. Government securities £17,234,000, other securities £28,824,000. Three months' bills are discounted at £2 5* Consols, 88j. New South Wales 4 per cents. 106±, oj per eenta. 96J. 3 per cents. 86; Queensland 3£ per cents. 96; Tasmanian o| per .cent;*. 99, 3 per cents. 88; the rest are unchanged. Wheat —Cargoes are quiet. Two sold at 30s 9d md 30s. Tlie heavy shipments are depressing values. San Francisco wheat £132 10s. Tin—On spot, £127 12s 6d; three months, £127. Iron—44s 4d. Lead— £12 ss. Sugar is </teady; first marks 10« 6d, German 3i 6d. At Bradford wool is steady; forties 13d. Cheese ia weak; New Zealand 46s to 475. There is a slow trade. Butter— .Danish is unchanged; New Zealand 86s to 89a for the Gothic's shipment; good Australian 84s to 88s. Sheepskins—3o7o were offered, and ail were sold. There is good home and Continental competition. Merinos aud fine crossbred*, are id, and medium and low crossbreds to |d dearer. Silver, 2s lid. At the kauTi auctions 1943 cases were offered, and 600 cases sold. Prices are unchanged, but tending in buyers' favour.