COMMERCIAL.

South Canterbury Times, Issue 2952, 26 November 1900, Page 2

COMMERCIAL.

United Press Association—Per Lkstric Telegraph—Copyright. Received 9.55 a.m., November 24th. LONDON, November 23. The Bank of England returns show the stock of gold,coin and bullion to be £30,027,000; reserve, £20,485,000; proportion of reserve to liabilities, 45.31; m circulation, £29,154,000; public deposits, £8,180,000; other deposits, £36,833,000; Government securities, £17,445,000; other securities, £25,016,000.

Three months’ bills are discounted at 4 per cent. Consols, 98^. New Zealand 3£ per cent, slocks, 106 j. Western Australian 3i per cent, stock, 101. The rest of the stocks are unaltered.

The wheat markets are quiet but steady. > Cargoes are hardening, and Australian

November-December shipments are quoted at 30s. . . , . . Butter is hardening in price, nad choicest is in good demand at 108; a few samples fetching 110 b. Secondary qualities are neglected; Danish is quoted at 1255. Babbits are very dull, at Bd. Consignees complain of the state of the Victorian rabbits which were shipped under Government stamp. Copper is nominal; spot, £74 7s 6d; three months, £73 2s 6d. Tin is very firm; spot, £129 ss; three months, £l2B ss. Iron, 67s 9d. Lead, £l7. Sugar is quiet; German, 9s 7^d; first marks granulated, 11s l^d. The Bradford.wool market is restricted; common sixties, super, 18|d. At the Antwerp sales 776 bales of Australian sold at the rates prevailing at the close of the London auctions.

Silver, 2s s£d. The Now Zealand and Australian Land Company’s balance sheet reveals a fioUt of £86,383. The company has carried forward £18,883. The “ Daily Chronicle ” was mulcted in £I9OO damages and costs for publishing a leaderette libelling a firm of meat preservers.