LONDON COMMERCIAL.

New Zealand Herald, Volume XLVI, Issue 13948, 2 January 1909, Page 5

LONDON COMMERCIAL.

... ■■.■■—r-r, —, ♦.. , ::. ) By Telegraph,—Press Association.— :! i (Received January 1, 11.W p.m.) t (•-•■■ ■; ■<■■ : London, January 1. .■ ■ • ..BANK OF ENGLAND RETURNS. ', •■ : - Following are the Bank of England returns fo* the ■;■ week Gold coin, £29,411,000; reserve, £18,451,000; •-■proportion • of ; reserve -to "liarjititiss, 31-60 per cent.;'notes in circulation, £29,751,000; ■ ■ public deposits, £7,324,000; other 'deposits, * £53,603,000; "Government securities, £14,731,000;> other securities, £45,086,000. -.:.,•• • ' MONEY MARKET. .- Bank rate, 2£ per cent. ; , ' Three'months'- bills are; discounted in London at 2i per cent'., hi Paris at. 2| per cent., and in Berlin at 2J per cent. \'•'..'■" ,' Short loans, , 23, per cent. :;.;':. :...;.:' CONSOLS AND COLONIAL STOCKS. ' Consols, £84...: "J./ New South Wales 4, per cents., £107; Z' per cents., £99 10s; ; 3 per cents., £88 ss. ■ Victorian 4- per cents.,■; £103; 31 per cents., • £91); 3 per cents., £87 10s. ■;:, , .','■ South Australian 3i per cents., £99; 3- per cer.te., £84 ss. .. ,/ Queensland 4 ' per ' cents., £104 15s; 34 per cents., £99; 3 per cents., £85 10s. New Zealand 4 per cents.. £107; 3j per cents., £98 15s; 3 per cents., £88 15s. xaaiiiaiiian 3j per cents., £97 10s; 3 per cents., ■ £S6-,105.;.. :.;•'•■ ■'. ■• ," - " West Australian 3£ per cents., £97 10s; 3 per cents., £87 10s. WHEAT AND FLOUR. ~,... The wheat markets are dull, a holiday tone ruling. "Cargoes" are (irmly held at 39s ask?vf ttejr , October naile'i.-. The' Hinemoa's ■ cargo sold at- , 35r 3d. There is slow trade in Australian; spot, 40s to 41«.' ■ • '£ „, Flour is quoted in London at 26s t(vZ7s. Glasgow quotations are unchanged. /* ; ; : ~ BUTTER AND CHEESE*. ■ Butte in firmer, with an improved demand all round owing to the cold weAther. Australian. selU it 106s to 108?. The/Athene's shipment, cleared at 109s to 110s. The market for New- \. Zealand, is very strong o*'ins to reports that the whole, of the Paparafx cargo of butter has been oestroyed. Danish,** quoted at 110s to Ills. Cheese is dull and jlnohanged. '■£ jffeTALS. • - x Copper: On spolf £63 15s; at three months, "'' > £64 10s. . :■- >•#""■' :' ' ■ ' ■ Tin: On spot,p£l32 ss; .at three months, £133 , • ios. ■'' ■iSm:" , . .-■'.■,'-'." : ; ,;■■.', ■'.< .'■ i '^g; Lead, £13. ,K • • ' Spelter, £21.- ".. Iron, 49#2d. , . . ';. , '■■ i*W' ' R'GAR. »f-. - ,-•■ • .. ■■- -;-■ • '•- ■■■ ••» • ■ ■■:■--'", -i-; : ,-..< Germifl, 10s 2d first-, marks. 12* 2d. ■ ■ M" . .WOOL. .- .-..m ■ ..-. '-' - .Xfi* Bradford wool ; market is firm, with/more ' inquiry." Forties',''ls; iorty-fiixes, 13Jd; others 1 imchnr.ged. < -■• ■. ■ ; -.-■«.■■ • ■•■«•«■ ,;%;--.-■.-•■ ■> •'■/'!■ i-i ■' -i 'in ' inn --•'•■-".- '•; • '.- V. »'■ . -f .'.'. .-.■■■'':'•