COMMERCIAL CABLE-GRAMS.

Otago Daily Times, Issue 14156, 7 March 1908, Page 10

COMMERCIAL CABLEGRAMS.

Press Association-By Telegraph-Copyright. LONDON, March 6. (Received March 6, at 9.35 p.m.) The Bank of England returns show the Stock of gold com and bullion to be £31,915,000; reserve, £29,518,000; proportion of reserve to liabilities 49.59. The notes in circulation total £28,212,000 • public deposits, £18,710,000; 'other deposits, £40,761,000; Government securities, £14,319,000; and other securities, *63,918,000.

The bank rate is per cent. Three months\bill6 are discounted at 34 per cent.

Conso] B are quoted at- £88 ss. The following, are the quotations for colonial Government stocks, compared [With those ruling a'week previous: —

Feb. 28 Mar. & Sew South Wales 4's .. .HO HO New South Wales 3i's .... 991 qqi Few South Wales 3'« .... 93 89 Victorian 4's .. .. km m Victorian 3J's 101 m Victorian 3's 891 gg i. South Austr&li&n 3J'a .. ~ loo" jqq' South. Australian 3's ... 83 87 Queensland-. 4's ....,,' 107 im Queensland 3J's .... 100 ' inn Queensland 3's ' 90 Z New Zealand 4'a .... 109 10 n New ZeakiDd 3Vs 100 ion New Zealand 3's 90} Tasmania* 3J's .. .. 99,3 L J, West Australian 3J's . '.. 98 or West Australian 3's 88 88 The wheat market is firm, and a cheerful tor* prevails _ Tk An)orican iw supply 18 57,917,000 bushels. Cargoes are more animated. Australian afloat * offermg at 36s 6d and- 37s for FebruaryMarch shipment and 37s 9d per steamer A parcel afloat sold at 36s 9d. , The flour market is firmer. Australian » offering at from 2fe to 29s landed The butter market is firm. Colonial is clearing satisfactorily. Choicest New ZeaJH lata to 1225; Australian-salted It od* UnSa ' ted 120s; Dan^sh un "

' Tue cheese market is steady New Zealand, 62e to Ms.

Copper: Spot, £59 2s 6d; three months, £56 12s 6d. -

VOt ' £135 10s; thr< * »>«> th., i/loi 10s,

Lead, 13 15s. Spelter, £20 15s.

Pig iron, SOs ICd,

Silver, 25 7-16 d per 03. Sugar: German, 10s 3d; first marks, 12s Id,

There is little doing in the Bradford wool market. Forties, other elates are unchanged. The copra market is flat. Supplies are large. Sellers of South Sea copra in ba»s vant £15 7s 6d. ' ' °