COMMERCIAL

North Otago Times, 2 December 1911, Page 4

COMMERCIAL

— ■*— HOME MARKETS.

(By Electric Telegraph,-Copyright.)

Per Press Association.

London, November 30, At the wool sales there wav i good selection with strong rajel)tlon at opening rates. Silver, 29 M«tbs.

Shares: Waihl, 53s 9d to-BUS 3d; Grand Junction, 30s to .lis art; Tnl istnan, 46s M to 48s 9d. Received December 1,'at'7.50 p.m.

London, December 1. Bank of 'England returns: £ss,309,000, reserve £27,0i5,00ft, proportion of rcpervo to' liabilities 51.32, in circulation £28,732,000, public deposits #12,108,000, Mother deposits £40,'619,C00, Government securities '£14,437,009, : other securities £28,-9H-.000. ■■, . Bank rate, A \ short loans, 3; three-

months' jfcllls, 3 9-1 C; Fails, 3} ; Uoillu, 4}. Consols, 781. inu» buiith \li\ki 4's ICG}; South Auatiallun 3|'b 'JkJ, in W; yuixmlaud 4's 10* i, JJ's ÜB, 3'» SO; oih.'i siocis unchangc-u. U6pPcr-On spot, £59 Is 3d ;' iliret monilie, £&9 lla 9d. Tln.-On spot, £204 10s; ' three moV.hs, £193. Lead, £16155. Iron, 47a 9d. Spotter, £»/. , Sugar-German, Its 3d; first marks 17t 4d. ' At Bradford wool is. slow, Futures: Sixty-fours, JSd; 'common tixwes, 24d; fifties,. 17Jd; forte, 13d; super, 21-d; • Hty-Liiffl,. 2frjd, lortyslxcs, lid. The whi.nl markets aro stagnant owing to the continuance ot favorable reports from Argentina. Buyers are only filling immediate rquianients. 3Gs 3d Is asked (or a South Australian August shipment, its Gd for November, 35s 9d for Australian February, 35s for parcels; NovompcrDecembcr. There is a poor .demand for Australian spot at 303 Gd to 3!7a.- Best Now Zealand 3<s U to 365, medium 315,6 d to 355. Flour la, dull. Australian, patents. 24s 9d to Ms 3d cX store. Oats are firm, La Plata December shipment 16s lid, Beans aro hardening. New Zealand 35s Gd to 36s Cd. Butter is firm, but unchanged, except for Australian unsalted, which is 130s to 1325. Small arrivals of colonial are readily cleared, Argentine is arriving In excellent hoikHtion, and sells at 130s to 1325, Wool Sales—Aahaura, top price 3M, average 9J4; Piplngnta lOd and 9}d,