COMMERCIAL CABLEGRAMS.

Otago Daily Times, Issue 11958, 4 February 1901, Page 6

COMMERCIAL CABLEGRAMS.

Press Association—By Telegraph—Copyright LONDON, February 1, (Received Feb. 2, at 1.12 a.m.) ■ The Bank of England returns show thi stock of gold, coin, and bullion in the bank« to be £30,976,000. The bank reserve is £21,666,000, the proportion of reserve to liabilities being 44.55 per cent. The notes in circulation amount to £28,773,000; public deposit-s, £8,224,000; other deposits, £41,096,000; Government securities, £15,432,000; other securities, £29,589,000. Three months' bills are discounted at per cent. Consols are quoted at £96 12s 6d. Quotations for colonial Government stocks are subjoined, compared with those ruling at the close of last week:— Jan. 25. Feb. L New South Wales 4's .. .. 1134 114' New South Wales 3Vs .. 103 103J New South Wales 3's .. .. 93J 100 Victoria 4's .. •• •• IK) Victoria, 3a's .. »*• .. 102$ 102 South Australia 3J's ... .. 106 106, South Australia 3's <• 93 93. Queensland 3J's .. .. •• 102 102 Queensland 4's .. .. » 107 107 New Zealand 4's 113 ■ 113 New Zealand 3J's 1062 M"! New Zealand 3's 98 98Tasmania 3J's «• 102 102 Westralia. 3's .. .» .. .. 100f 100$ The wheat markets are generally steady, but. the French markets are declining and weak. Cargoes and parcels are quiet and unchanged. The American visible supply of wheat ig estimated at 87,408,000 bushels. Copper is nominal. Spot, £71 ss; three months, £72. Iron, 52s 9d. Lead, £15 ss. Sugar is steady. German, 9s 3d; first marks, lis 3d. The Bradford wool market is quiet. Common sixties, 18d; supers, 18Jd. At the sales there was fair competition and a hardening tendency. The sales close' on the 9th. The Longburn clip fetched 6Jd. Butter is firm, and there is a good demand. Colonial and Danish are both unchanged, but the market is recovering. Chee.se is flat. New Zealand, 52s to 535. (Received Feb. 2, at- 8.52 a.m.) Wheat: The cargo ex John o' Gaunt sold at 29s 9d. Silver is quoted at 2s 4d per oz..