COMMERCIAL.
(By Elbotrio Telegraph—Oopibiche.) (per united press association. ) Received September 23, at 9.40 p.m. London, September 23. The Bank of England stock of gold, coin and bullion is L 31,615,000 ; reserve L 23,495,000; proportion of reserve to liabilities 50'92; circulation, L 27,210,000 ; public deposits, L 9,321,000; other deposits, L 36.702.000; Government securities, Ll2 989,000; and other securities, L 27.974,000. Three months' bills are discounted at If percent. Consols, 109f. New South Wales 4 per cent, inscribed stock, 117f ; do, 106£ ;3 do IOOi. Victorian 4 "per cent, inscribed stock, 112£ ; 3£ do, 106. South Australian 3i per cents, 108; do, 100. Queensland 4 per cents, 111; 3J do 106|. New Zealand 4 per cents, 116 ; 3$ do, 107 ; 3 do, 98f. Tasmanian 3£ per cents, 107|. West Australian 3k per cents, 105. The English, Continental, and American wheat markets are recovering. The improvement is checking business. Californian No. 1 milling 28s 9d, Russian cargoes 318, Australian wheat, landed, S2a 6d is asked. The sugar market Is hardening. Java, lis IOJd ; German beet, 9a 6d. No. 1 best Scotoh pig iron, f.o.b. in Clyde, 48a 7*d. The Bradford wool market is quiet. „At the wool sales the Oreti dip brought B£d, and the Otekaike 7fd.
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Bibliographic details
Oamaru Mail, Volume XXIII, Issue 7322, 24 September 1898, Page 1
Word Count
204COMMERCIAL. Oamaru Mail, Volume XXIII, Issue 7322, 24 September 1898, Page 1
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