COMMERCIAL CABLEGRAMS.

Otago Daily Times, Issue 11797, 28 July 1900, Page 7

COMMERCIAL CABLEGRAMS.

Press Association—By Telegraph—Copyright. ' LONDON, July 27. :■. (Received-July 27, at 10.55 p.m.)

The Bank of England returns show the reserve to be £19,296,000, and the stock of coin and bullion £29,889,000. The proportion of reserve to liabilities is 38.76. The notes in circulation total £30,118,000; public deposits, £9,767,000; other deposits, £39,862,000; Government • securities, £20,419,090; other securities, £28,155,000.

The three months' bills are discounted at 4£ per cent.

Consols are quoted at £97 15s,

Quotations for colonial Government stocks are subjoined, compared with those ruling at the close of last week :—•

' ■ July 19. July2G. New South Wales 4's .. 116 1154 New South Wales 3J's .... 104 ' 1032 New South Wales 3's .. .. 100 100 Victoria 4's 109' 109 Victoria Si's 103 102J | South Australia SJ's .. ..106 106 South Australia 3's .. .. 93 93 Queensland '4's' 109 109 Queensland 31's 103 102 New Zealand 4's 110J 110J New Zealand- 3J's 104J 10-ij New Zealand 3's 97 97 Westralia Si's 103 103 Tasmania 3A's 103 102 (Received July 28, at 1.12 a.m.) The wheat market is slow, tending downawards. The excessive heat in Europe is improving the crop reports. Australian cargoes afloat are quoted at 30s; parcels, 29s 6d. Sugar is firmer. German, 12s 6d. Copper is declining. Spot, £72 15s; three months, £73. Tin is firmer. Spot, £144; three months, £129. Lead, £17 17s 6d. Pig iron, 70s 9d. ' Spelter, £19 12s 6d. The Bradford wool market is steady. Common, sixties, 20-^d; super, 21^d.