COMMERCIAL CABLEGRAMS

Otago Daily Times, Issue 11399, 17 April 1899, Page 5

COMMERCIAL CABLEGRAMS

Press Association—By Telegraph—Copyright.

LONDON, April 14.

The Bank of England returns show the stock of gold, coin, and bullion at £28,244,000; reserve, £19,491,000; proportion of reserve to. liabilities, 38.90. Tho notes, in circulation total £27,659,000 ; public deposits, £11,860,000; other deposits, £38,042,000; Government securities, £14,393,000; other securities, £34,873,000. Three months' bills are discounted at 2 7-16 per cent. Consols, 110.5. Quotations for colonial Government stocks aro subjoined, compared with those ruling at tho close of last week :—- April 7. April 14. Nov,- South Wales 4's .. ..119 120 Now South Wales 3J's., .. 106 IOGJ New South Wales 3's .. .. 99J 100 Victoria 4's 113j 113J Victoria 3_'s 107 107 South Australia 3J's .. ~108 108 South Australia 3's ... .. 95J 951 Queensland,4's 112J 112J Queensland 3J's 107J 107J New Zealand 4's .. .. ~ 114 114j New Zealand 3.is .. .. 108J 10!) New Zealand 3's .. .. ' .. 100J 363 Tasmania 3S's 107J Unq'td Westralia 3_'s 101 104 Wheat Market.—The English and Continental are steady, while the American is hardening. Twelve thousand quarters of Australian (March shipment) have been sold at 27s 3d ; April shipment is offering at 275.

Sugar is hardening. Java, 12s 6d; German, 10s 7£d.

Bradford AVool Market.—Prices are very firm. Tops, common sixties, 21£ d; ditto, super, 23|d.

Rabbits are scarce and quoted at 11_A. 'The butter market is quiet. Colonial realises 98s to 100s.

Metals.—Copper is firm; spot, £73. Tin, flat; spot, £112 10s; three months. £111. Pig iron, 545. The imports of lead during the month totalled 22,648 tons, including 6413 tons of Australian, while the exports amounted to 3867 tons. Soft foreign is Quoted at £14 10s; spelter at £27 17s 6d.

— The new Swiss aluminium- steamer for Lake A7ictoria Nyanza is 13ft long, carries 50 persons, and separates into nine sections, no part weighing over 3501b.