MONETARY & COMMERCIAL

Nelson Evening Mail, Volume XLII, Issue XLII, 28 September 1908, Page 1

MONETARY & COMMERCIAL

[Press Association. — Copyright] THE LONDON MARKETS. LONDON. Friday. The Bank of England weekly rot-.r'ls are:— Stork of gold coin £26,917,000; reserve £28,218,000; proportion of re sirve to liabilities, 54.28; notes in civt ulation, £23,803,000; puLik: depicts. £7,640.000; other ili'i><. s it.-. £44,293,000. C-ivernmeiit £?etuiti. s, £15,532.1)00: nther stvuntii>s. £26, £00.000 : lianl; r.it. of discount, 2£ p'-r mil. ; i:iu- <vi threi months bills, 1 7-16 per mil : Paris rate. ?'„ p^r c.i'iit. ; Berlin r.it -. ?:j, p> ■;■ cvnt: short loans, J per cent. Consols are at 85i New South Wale.--4 per cent, stack. 103: Queensland 4>. ]0d: do 3i"s. 100; do 3'-\ C 3; N.-v: Zi a land 4's, 108: T:i-ui i 'iii 3"s, b'i Westralian 3's, BSA : <>lh ■:• .■■• iks .-,!■,• in: ih:i:i,"d. In wheat higher Am vi-an (Hintaln.ni md the i holer'astarc wlii-.-h lid to llu.' sian shipments beini; ([.lavantm-d at most European ports. ha\e causixl :< general hardening of tho markets, with i;ood demand' for prompt delivery and new m-.p shipment?; 60C0 tons ut -New South Wales Dooombsr-JatiUKtfy.. shipment per steamer, sold at 36s 6<l. Then is quiet trade on Australian spot IoU it 40s 6d to 41s. Flour is rather firmer, but inactive. Australian patent <orts in London 25s to 25s 6d. Butter is dull and unchanged, with no colonial offering. Copper on spot is at £59 15s, and at three months £60 12s 6d. Tin , on spot £132, and at three months £13. 103. Lead £13. Spelter £19 10a. Iron 51 Sugar, Geitnan 10s; first marks 12i OA The Bradford wool market is quiet, and prices are barely maintained.