COMMERCIAL

North Otago Times, Volume CII, Issue 13461, 4 January 1916, Page 8

COMMERCIAL

HOME MARKETS. ,(Fer o»b]».—Fran Aaaociatlon. —Copyright) LONDON, December 31. Tho Bank of England returns show Mat the stock of gold torn and bullion is £51,335,000; reserve, £M,617,000; proportion of reserves to liabilities, 21.41; notes in circulation, £25,309,000; Government deposits, £10,077,000; other deposits, £111,9711,000; Government securities, £112,072,000. • The discount on short loans is 4J<per cent.; three months' bills 5} per cent. , Consols, £f>S 7s lid. War, loans: IU per cent,, £B9 12s Gel; -1 percent., £97 ss. Copper—Spot,, £BO 10s; three months, £BO 15s. Tin—Spot, £108; three months, £179. t Pig Iron—77s 9d. Lead—Spot, £3O; three, months, £29 15s. Spelter—Spot, £9O; three monllis, £79. Silver—23 il-lGd per oz, Tho -wheat. market opened quiet, but closed firm on better American reports. . ' Flour—Steady. ■:Oats—Firm. La Plata afloat, 111,000 quarters. 'Peas and Beans—Firm and unchanged.,' ". ■ Butter—Dull. Prices dropped'on the Arrival of OS,OOO boxes of colonial liefore last week's stocks had been cleared, ami also 'because of fhe largo sup- . plies of Danish. Quotations are irregular. Danish, about 150s; (Australian—choicest salted KISs to 140s, uiisalted. (scarce) 14Ss to 150s; Now Zealand—salted 142s to 1445, misalled 150s to 1525; buying strong. I Cheese—fhe market for New Zealand is,92s to 03s. ■ Sugar—^Unchanged. • Bradford wool—The market is quiet, hut very firm, i • Received January 2, at 5,5 p.m. ■ LONDON, .lamiary 1. ■ Rubber—Para, lis Old; plantation, 4s; smoked, 3s lUd. Copra—January- -February delivery, £32 ss. \ , Cotton—January - February delivery, 7.73 J. • Jute—December - January shipment, £27 ss. Hemp—March-May shipment, £3S 10s. Received January 2, at 11 p.m. 1 LONDON, January 2. - .Wheat anil flour afloat: United Kingdom, 1,735,000 quarters: Continent, 2,575,000 quarters; Atlantic shipments, 087,000 quarters; Pacific, 32,000 quar- , tors. Total for Europe, 1,245,000 quarters, *