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COMMERCIAL.

United Prtw Anoci»tion-By Electiio ieUgr»ph—Copyright. LONDON, November 28. At tho -wool saleH, a large selection a j w^* >ls of B*** l condition was nS. « Pric * B Bro unchanged. ■Oie fleece portions of the Pareor* dip realised Iβ. LONDON, November 29. BANK OF ENGLAND RETURN. The Bank of England return, issued for the week ending Wednesday, November 27th, affords the following comparison:— This week. Last week. £ £ Bullion ' ... 31,051,000 29,247,000 Kesorvo ... 21,786,000 19,915,000 >oto« in crrculatio* ... 23,909,000 29,020,000 Public deposits 7,784,000 7,700,000 Other deposi-te 43,009,000 43,491,000 Government securities ... 14,332,000 14,332,000 Other securities ... 32,584,000 34,906,000 Proportion reservo to liabilities, per cent. ... 42.83 38.78 GOVERNMENT SECURITIES. The following are the latest quotations for Government securities, with a comparison of those ruling last week:—

THE MONEY MARKET. Three months bills are quoted at 6 per cent., as against 6J per cent. last week. The Bank reto ie unchanged at 7 per cent. COLONIAL AND OTHER PRODUCE. Whoatr—There is littlo change in values, but tiho markets aro nervous. Owing to tho uncertainty of the financial {K»ition, American buyors are not disposed to operate. No business is doing in cargoes. Australian cargoes are firmly held. For now South Australian December —January shipment 42s 6d is asked, awl 43s for Victorian. Flour—The market is quiot. A few lota of Australian axe offering at 30a, ex store. Butter —Thero ia a steady trade, and prices are unchanged. Choicest New Zealand is quoted at 118e to 120s. Sugar—German boot, 9e 3d; first marks granulated, 10s 10d. Bradford Tops^—Little businees is doing. 40's are quoted at 14Jd, 46* 15jld. common 6Q'a 2QJd, supor 6O"s 27Jd. London Wool Sales—The snlee included tho fleece portion of the Gear clip, whioh realised 11 Jd; Shaw, 27Jd; Shaw, eooured, 29Jd. THE METAL MARKETS. Copper, on spot. £63 17s 63; three months, £63 2s 6d. Tin, on spot, £137; three month*, £138 10s. Lead, £1G lOe. Spelter, £21. PtS Iron, 60s.

Messrs Dalgety and Company, Limited, have received the following cable message from their London office, under date 28th j net.:—"Demand for frozen lamb continues, and prices are very firm. Prices for mutton are very firm. Price* for beef are firm. We quote New Zealand prime crossbred lamb, Canterbury heavy 6id, light ojd, crossbred mutton, Canterbury heavy 3id, light 4id, North leland heavy 3id, light 3Jd; ox beef fores 2Jd, hinds 334, Atwtralian mutton heavy-weights ovor 501b crossbred or merino wethers 25d to 2Jd, prime Australian lamb 321b to 401b 4d to sd. River Plate frozen niutton 3d to 3id. The butter market w firm. Copenhagen official quotation ie unchanged. Total batter imports into' United. Kingdom for week ending November 23rd totalled 70,000 cwt, as compared with 68,000 cwt earoo period last year. Wβ quote: Fmeet quality 118s; unsalted, life. There » a poor demand for unsalted. Since our last telegram prices of rabbit-skina m general are lower by |d."

Price. V»riatlon ucouii>are<l wilh last week 2J % Imperial Conooli * %".»* South Wale* 3J % New South Walei 1 % New rtoulh W»l«i * % Victorian 3J % Victorian J % Vlotorku JJ % HouiM Auitralian 3 % South Australian 4 % (jue«j«Iun<i .. 3J % QucrnilftnU .. 3 % Queensland 4 % New Zealand*.. 3J% New2e<laii(ir.. 3 % NewZeaUndt .. 3i% Men Australian 3 % WeitAuttraiian 3i % T«m»i.i«ii 5 % 'Rumanian £ e. o Bi 12 6 106 0 C 96 10 0 84 Q 0 101 10 0 97 10 0 66 10 0 94 0 0 S3 0 0 104 0 0 97 10 0 84 10 0 106 0 6 1C0 0 0 84 0 0 85 0 0 83 0 1/ 87 0 0 88 0 0 I2?6dhl)rl>«r Unchaiigtd lOehijtier 20s higher Uno anged 10» hitfiier Unchanged 20t hiKher UncbanKtd Unchancd Unchanged 10a higher lux higher 2to higher 103 lower Unohangtd Unchanged • Unohaniftd Unchanged * Interest payable ia M*y i Intersil p»yj Wβ In Jam { Iiltertit payable In Apri ind November. iary m> I Ja\f. I and Oot'juer.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19071130.2.76

Bibliographic details

Press, Volume LXIII, Issue 12975, 30 November 1907, Page 11

Word Count
636

COMMERCIAL. Press, Volume LXIII, Issue 12975, 30 November 1907, Page 11

COMMERCIAL. Press, Volume LXIII, Issue 12975, 30 November 1907, Page 11

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