COMMERCIAL.

Gisborne Times, Volume V, Issue 64, 18 March 1901, Page 1

COMMERCIAL.

THE LONDON MARKETS.

BUTTER VERY DULL—NEW ZEALAND STOCKS RISING. By Telegraph—Press Association—Copyright London, March 16. The Bank of England returns show the reserve to be £25,730,000, the amount of gold coin and bullion £34,586,000, proportion of reserve to liabilities 50-88 per cent, notes in circulation £28,465,000, public deposits £12,275,000, other deposits 38,092,000, Government securities £12,305,000, other securities £30,851,000. Three months’ bills are discounted at 71 per cent. Consols are quoted at 961. New South Wales 31 per cent, stock is quoted at 102$; South Australian, 31, 106.}-; New Zealand, 31, 108;}-; Queensland, 31, 103 ; Tasmanian, 31, 103,}. The wheat markets arc quiet generally, but steady. French Oak cargoes are firm. Victorian Febraary-Marck shipments are at 29s 9d; sailer parcels are at 28s 6d. Butter is very dull of sale. Choicest Colonial is at 103; Danish, which is recovering in price, is at 112. The cheese market is flat. New Zealand is at 49s to 50s. Sugar is steady. German, 9s ; first marks, granulated, 10s lOld. Copper is quiet; on spot, 69 a-8s per ton; at three months, 70 i-Bs. Tin is dull of sale; on spot, 1181 > at three months, 1141. Lead is at 131 P er ton. Steel is at 161 per ton. The Bradford wool market is quiet. Common sixties are at 18s; super at 18;} s. At the London sales there is good competition, but prices are unchanged.