COMMERCIAL.

Otago Daily Times, Issue 19904, 25 September 1926, Page 12

COMMERCIAL.

THE "WOOL MARKET. (Prena Association— By Telegraph—Copyright.) LONDON, September 23. (Received September 24, at 10.30 p.m.) The Bradford tope market ia quieter. Business is limited and ia only possible if there is a concession in the quotations, which are ne follows:—49d, 46id, 83d, 26Jd, 224 d, and ' At the wool sales there was ft good selection of all descriptions and competition was general, Contincr.tal buyers taking the larger share of greasy crossbreds and merinos. There were large withdrawals owing to the high level.—A. and N.Z. Cable. LONDON MARKETS. (Press Association—By Telegraph—Copyright.) LONDON, September 23. (Received September 24, at 11 pjn.) Wheat parcels are in fair inquiry at steady rates. Liverpool futures; October He IJd, December 10s 10Jd, March (buyers) 10a 84d, May (buyers) 10s 7d. The epot trade is quiet and prices are maintained. Flour is alow. Australian (ex store), 43s 3d. Oats are firmer. ■ . Peag arc steady and beans are inactive,—~A. and N.Z. Cable. LONDON METAL MARKET. (Press Association—By Telegraph—Copyright.) LONDON, September 23, (Received September 24, at 9.50 p.m.) Copper: Spot, £SB 6s 8d; forward, £59 3s 3d. Load; Spot, £3l 17s 6d; forward, £3l ISe. Spelter; Spot, £34 7e 6d; forward, £34 6s. Tin: Spot: £307 12a 6d; forward, £299 7a Gd. Silver: Standard, 27 11-16 d; fine, 29Jjl per os —A. and N.Z. Cable. CHICAGO WHEAT MARKET. (Press Association—By Telegraph—Copyright.) NEW YORK, September 23 Chicago wheat; September 136| cents per bushel, December 1393, May 114 J.—A. and N.Z. Cable. MELBOURNE MARKETS. (Press Association—By Telegraph—Copyright.) MELBOURNE, September 21. Wheat is quiet and nominal at 6s Bd. Flour, £ls 10s to £ls 15a. Oats: Milling, 8s 4d; feed, 3s to 3s Id. Barley; English, 4s 6d to 4« 9d; Cape, 4s 3d. Potatoes, £9 10s to £lO 10s. Oniona, £2O, BANK OF ENGLAND RETURN. (Press Association—By Telegraph—Copyright.) LONDON, September 21. The following is the Bank of England return for Wednesday: ISSUE DEPARTMENT. Note circulation £138,975,000 Notes in reserve 33,140,090 £174,115,000 Government debt .. .. .. .. £11,015.000 Other securities .. 8,735,000 L'oid coin bullion 154,365,000 £174,115,000 BANKING DEPARTMENT. Proprietors’ capital £14,553,000 Public deposits .. 18,348,000 Other deposits 102,888,000 Rost, seven-day and other bills .. 8,734,000 £139,523,000 Government securities £34,290,000 Other securities 68,528,000 Notes in reserve 35,140,000 Gold in reserve 1,665,000 £139,523,000 The note circulation is £138,975,000, com-’ pared with £139,454,000 a week ago. The proportion of reasrve to liabilities is 30.20 per cent., being unchanged from last week. Short loans are quoted at 4J per cent., and three-month bills at 4 9-16 per cent.—A. and N.Z, Cable