COMMERCIAL.

Oamaru Mail, Volume XXXVIII, Issue 10604, 5 November 1910, Page 6

COMMERCIAL.

[Bt Electric Telegraph—Copyright.] "(Per Press Association.) Received November 4, at 8 p.m. London, November 4. Bank of England returns: Gold coin £30,925.000, reserve £22,098,000, proportion of reserve to liabilities 49.17, in circulation £28.007.000, public deposits £6.570,000, other deposits £118,412,000, Government seumties £l4 331,000. other securities £26,272,000. The bank rate is 5 per cent. Shoit loans are discounted at 4j per cent. Three months' bills are quoted as.follows: London, 4£ xier cent.;, Pans, 2~„ , Berlin, 4J. Consols, £79 10s. , Colonial Government stocks: New South Wafes- 4's £lO5 ss, 3Jj's -£9B, 3's '£Bs 17££6d> New Zealand! 'other stocks unchanged. ■ , ! The - butter i market is" demoralised through .heavy supplies and muggy w ca'ther. Danish, 112s "id 114s. The demand ishcopfmed to choicest. Australian, (salted} 104s to 1065,j (unsalted) ,106s to 110s. "Lower grades are negleet'ed and are practically, unsaleable. Secondaries are nominally 96s to 100s. ■ Copper—On spot, £s7'los; r three months, £sß'los. > j' r . Tin—Cash and Iron, 49s Spelter, £24. ' - Sugar—German, 8s lid; First marks, 10s lid. - ' The Bradford wool market; is hesitant, consumers waiting for lower prices. Spot prices are unclianged. ! Future delivery pnqes aje: 56's 27d, super 26 Jd, common 60's 251 d," 46's 22$ d, 50's 19} d, 46's 15id, 40's 14d. Tlie wheat markets are / dull and drooping owing to the. decline in America and the continuance of good rains m Argentina and the poor demand on the English markets and qn the Con- - tinent. 37s is asked for a'South Australian October-November shipment, 35? 3d for December-Januaiy, 35s for Janu-ary-Februaiy, and 36s 3d for,.. New South Wales afloat per steamer. Twelve .to fifteen thousand quartcrs'ol Australian January-February shipment were sold at, 35s 3-Jd, and a similar 'demand for . Australian on spot at about 36s 6d to 375. Now Zealand is quoted at 32s 6d to 345.* * ' , Flour is weak. Good patents on passage are .quoted at 25s to 25s 6d c.i.f.j : and spot at. 26s to 26s 6d v i •Oats are dull. New Zealand are unchanged. 'La Plata, November-Decem- • ber shipment, 12s 6d.