COMMERCIAL CABLEGRAMS.

Otago Daily Times, Issue 13997, 2 September 1907, Page 5

COMMERCIAL CABLEGRAMS.

Press Aisjorixtion—By Telegraph—Copyright.

, LONDON, August 30. The Bank of England returns show the stock of gold coin and uulLion to be £36,026,000; reserve, £26,944,000; proportion of reserve' to liabilities, 49.40. The notes in circulation total £29,175,000; public deposits, £7,618,000; other deposits, £46,865,000; Government securities, £14,574,000; and other securities, £31,079,000. ' Three months' bills are discounted at 4J per cent.

Consols arc quoted at £82 12s 6d. Ilie following are the quotations for colonial Government stocks, compared with theso ruling a week previous: —

Aug. 23. Aug. 30. New South Wales 4's .. 10G 10G New South Wales SJ's .. 07 97 New South Wales 3's .. .. 87 87 Victorian -I'a lot* IOiJ Victorian SVs ggt 98J Victoria 3's S7" S7 South Australian 3.V5.. .. 9SJ- ■ OSJ South Australian 3's .. .. 86* 85* Queensland -t's 1031 lot Queensland 3s's 08* gs Queensland 3's 551 551 New Zealand -i'a 10g" iog" 1 Now Zoalaud 3i's ...... 30 gg Now Zealand 3's 87 gj Tasmania!! >3J's 93 gg Tasinanian 3's ss 33 West Australian 3J's . .08 98 West Australian 3's 85 85

Tho wheat markets are firm, but less active owing to buyers' unwillingness to follow tho enhanced values. Tho fort--ljight-s rains ill England and Germany have seriously interfered with harvesting, and the decreased estimate regarding the Russian crop and predictions of frost in North-west Canada have strengthened t-lie American markets. Unfavourable accounts are published of the Manitoba crop, which is the latest known for 25 years. South Australian April shipment is quoted at <s6s 9d to 375; May shipment, 375; July aiitl August shipment, 37s 6d; West Austinlliin May shipment, 36s 9<l j Victorian September and October shipment, 37s 6d. Hour: Firm, but inactive. Australian patent makes, 25s 6d to 265, ex store; fair trade. Glasgow quotations for July and August shipments, 27s to 27s 6d.

Butter: Steady and unchanged. Danish, 109s to 110s,

Copper: Spot, £78 12s 6d; three months, £77 2s 6d.

Tin: Spot and three months. £167 15s. Load, £19 7s 6d. Pig iron, 56r> 9d. Spelter, £21 ss. ■Siij}!ir: German, 9s lid; first marks, lis 9d.

Tho Brad fowl wool market 33 a' little quieter, everything being fully maintained.