COMMERCIAL.

Lyttelton Times, Volume C, Issue 11724, 31 October 1898, Page 5

COMMERCIAL.

United Press Association—By Electric Telegraph—Copyright. LONDON, Oct. 28. The Bank of England returns of gold coin and bullion total £29,356,000. The reserve is £21,237,000. The proportion of reserve to liabilities is 48.65 per cent. Notes in circulation £27,070,000, public deposits £6,696,000, other deposits £36,848,000, Government securities £10,502,000, other securities £29,608,000. Three months’ bills are discounted at ,3| per cent. Consols 108|. New South Wales 4 per cent 118, 3£ per cent 1051, 3 per ce'nt 99. Victorian 4 per cent' 111, 3A per cent 105. South Australian per cent, 107, 3 per cent 100. Queensland 4 per cent 111, 3j per cent 104. New Zealand 4 per cent 112, 3j per cent 1071, 3 per cent 98. Tasmanian 3J, per cent 107. West Australian 31 per cent 104. The English wheat market is quiet, but steady, the Continental is relapsing, and the American is weaker. Californian No. 1 milling 355. Russian cargoes 32s 3d. London quotation for hard Duluth 355. Australian wheat, landed, 345. Sugar firm. Java 12s, German 9s 7£d. Iron 49s 9cl. The Bradford wool market is dull. The butter market is dull, and prices are lower all round. Australian 106 sto 108 s, a few choice samples 110 s. Danish is nominally unchanged, but prices are very irregular. Silver 2s 4d. Rabbits are dull of sale. Victorian bring B|d, and New Zealand B;jd. Hares Is 9d. LONDON, Oct. 29. The balance-sheet of Messrs Dalgety and Co. shows a profit of £100,438. A dividend of 8 per cent has been declared, and the sura of £20,438 carried forward. SHIPPING. LONDON, Oct. 28. Sailed—lonic, for Lyttelton.