LONDON MARKETS.

Feilding Star, Volume II, Issue 322, 20 July 1907, Page 3

LONDON MARKETS.

IST BUtOISIC TttMRAPH— OOPtfaiUHT.j [Til PBMS ASSOCIATION.] (Received July 20th, 9.45 a.m.) . Lqndon, July 19. Bank of England returns: — Coin, etc., £34,594,000; reserve, £25,118,---000; proportion of reserve to liabilities. 46.00: in circulation, £29,284,---000; public deposits. £8,357,000; other deposits, £46,171,000; Government securities, £16,584,000; other securities, £30,914,000. Three months bills, 3| per cent. Consols, 84*. Queensland 3* per cents, 98} ; New Zealand 4 per cents, 108. Other stocks unchanged. Wheat.— The brilliant summer weather has caused general inactivity in the markets, with a decline of Is from top prices, although the world shipments are small, and the actual situation has not materially changed. Cargoes are neglected. South Australian, April shipments, are offering at 35s 3d; Victorian September shipment, 375. There is a better demand for Australian, spot, 36s 6d to 375; New Zealand, none offering. Flour, quiet. Australian, in London, quoted at 24s 6d to 255. Nothing doing at Glasgow. Butter is very dull; Colonial neglected; nominally unchanged. Copper, spot, £94; three months, £87. Tin, spot, £183 10s; three months, £18 010s. Lead, £20 10s. Spelter, £23 17s 6d; iron, 56s 9d. Sugar, steady. German, 9s 7d; first marks, 11s 2d. Bradford wool, quiet. Everything firmly held. Wheat. — Two Australian cargoes sold at 34s 9d to 35s respectively. The American risible supply is 63,667,---000 bushels.