COMMERCIAL CABLEGRAMS.

Otago Daily Times, Issue 17158, 10 November 1917, Page 7

COMMERCIAL CABLEGRAMS.

Press Association—By Telegraph—Copyright Australian and N.Z. Cable Association. LONDON, November 9. (Received Nov! 9, at 11.20 p.m.) Bank of England returns: Gold coin and bullion in hand, £54,279,000; reserve, £32,251,000; proportion of reserve to liabilities, 19.60 per cent. ; notes in circulation, £42,390,000; Government deposits, £43,499,000; other deposits, £121,037,000; Government securities, £58,883,000; other securities, £91,155,000. Discount on short loans, per cent.; tnree months' bills, 4| per cent. Consols, £55 15s. War loans: 3£ per cent., £85 2s 6d; 4 per cent., £93 16s Bd. . Following are the quotations for colonial stocks, as comparod with those for tho previous week: — Nov. 1. Nov. 8. Victorian 4's _____ 05J 05j Victorian 3i's ______ > 85jf Victorian 3j's * „ ... COJ 60J Victorian 3's 62* G2} New South Wales 4's ._ „ „. 82J 82J New South Wales 3J's _ ._ 98jj 98£ New South Wales 3J'e t ._ ... 7lj 70J New South Wales 3'e _ ... _ 69| 68J Qnesnsland 4's _ _ ._ _ 90J Boi Queensland 3i'e ___._. 873 87$ Queensland 3's ... „ _ _ 62J G2J South Australian 3i's ._ „ _ 72 72| South Australian 3'3 _ _ _ S7A 57i New Zealand 4's ... .- _ .- Sis 84J New Zealand 3|'s ._ _ ... ._ 73J 7»i New Zealand 3'e _ _ _ _ 63J 62 J Tasmanian 3i's _. - - 72i 72J Tasmanian 3's .- _. _ — 05 0a West Austrian 3-I's ... _ ... 73.1 73} West Australian 3's .._ _ ... 68J 68J • 1923-40 cnrTpncv. 11920-30 enrrencjr. Tin: £265 12s 6d: tHree months, £264 2s *6d. Stocks, 18,402 tons; spot, 4900 tons; afloat (estimated), 3825 tons; deliveries, 1613 tons. Silver, 43|d per oz. / Other metals -unchanged. • Tallow: Very scarce; sales are improbable for a long time. Butter: Market at a standstill in the absence of supplies,, till a cargo of NewZealand arrives, which is expected, next ■week. It is believed that the Government ■will pay the difference between the maximum and the. shippers' price for Danish in order to secure Danish supplies. These lately do not exceed 250 tons weefely. Sugar: Unchanged. Wheat: Business is restricted, but little offering in any position. Flour:■ In good demand; no Australian offering. . Beans and peas: Firm and uncnaaJged. Less imjairy for oats.