COMMERCIAL CABLEGRAMS.

Otago Daily Times, Issue 11934, 7 January 1901, Page 5

COMMERCIAL CABLEGRAMS.

Press Association —By Telegraph—Copyright. LONDON, January 4. (Received Jan. 5, at 0.24 a.m.) TliA Bank of England returns show the reserve' to be £16,212,000, ans this stock of coin and bullion £27,079,000. The proportion of reserve to liabilities is 29.56., The total notes in circulation amount to £60,231,000; public deposits, £8,785,000; other deposits, £45,948,000; Government securities, £20,682,000; other securities, £35,779,000. < . Three months' bills are dfscounted at 4g per cent. » Consols are quoted at £97. Quotations for colonial Government stocks' are subjoined, compared with those ruling at the close of last week:— , Dec. 28. Jan. 4. New South Wales 4's .. 112J 113 Now South. Wales, SVs .. 103 103J New South Wales S's .. 100 100 Victqrin 4'g - .. 108J 108J Victoria 3Vs .. .. .. 102 1025 South Australia 3J's .. 106 10&1 South Australia 3's ~.. 93 93} Queensland 3i'a .. i. 102' 102 Queensland 4's 11l 107 Now Zeatend's-4's .. .. .. 111J 113 New Zealand 3&'s 105 105J Nov.- Zealand S's .. ~ .. 98 93 Tasmania 3i's .. .. .. 102 , 1021 Westralia 3s's .. .. .. .. 101. I 101* Wheat: There is a. sharp < rise in the market, and American is hardening. American red ■ winter is quoted at 83|c; cargoes are fLw, but quiet. Victorian and New South Wales January and February shipments are quoted at 30s 6d;, parcels, 29s to 29s 3d. Sugar: The market is dull. German, 9s; first marks (granulated), 10s 10£ d. Copper: Nominal. Spot, £72 15s; three months, £73 10s. Pig iron, 58s. Lead, £16 ss. . Spelter, £18 15s. Butter: Firm. Good business in colonial at 108s to liOs; a few boxes sold at 112s. Danish, 128s, with strong demand, but short supply. Bradford wool is very firm, Coflimon sixties, 183 d; super, 19jd. (Received Jan. 5, at 9.50 a.m.) Tin: Spot, £120 ss; three months, £120. The Antwerp wool sales . will be held from the 7th to tlio-9th;' 7010 bales will be offered, but no Australian.