COMMERCIAL.

Timaru Herald, Volume LXII, Issue 3131, 11 December 1899, Page 2

COMMERCIAL.

■ ♦ ■■ United Press Association— By Electric Telegraph- Copyright. Received December 9th, 10.45 p m. London, December 8. The Bank of England retains show the stock of gold coin and bullion to be £29,066 000; reaerve, £18,952,000; proportion of reserve to liabilities, 4431; m circulation, £28,546,000 ; public depoßitß, £8,362.000 ; other deposits, £36,218,000 ; Government securities. £12,061,000; other securities, £29,486,000: Three monthe' bills are discounted at 5& per cent. Consols, lG2i. New South Walts 4 per cents., 114* ; 34 per cents., 101 ; 3 per cents., 100. Victorian 4 per cents., 108 J ; 3£ per cents., 102f ; 3 per cents., 94. South Australian 34 per cents., 108 ; 3 per cents., 96. Queensland 4 per cents., 1084 ; 3* per cents., 1034. New Zealand 4 per cents., Ill ; 34 per cents., 103 ; 3 per cents., 96*. Tnsmanian 34 per cents., 1034. Western Australian 34 per cents., 105. The wheat market is slightly firmer but inactive. Copper is quiet ; on spot, £73 17s 6d ; three months, £73 15s. Pig iron, 68s 6d. Lead, £17 7s 6d. Sugar Is quiet ; German, 93 lid ; Java, 11s 9d. The Bradford wool market is very firm ; common sixties, 31d ; supers, 32£ d. Antwerp tope, December, are quoted at 6*324 francs; May, 6 40. Prices at Roubaix are unchanged. Butter is slow of sale owing to damp weather and heavy supplies checking sales. Choicest is quoted at 100s to 104s; Danish is m strong request at 1225. The tin market is weak ; both on spot and at three months the quotation 1b £123168. Received December 10th, 4.50 p.m. 1 he Argentine wool clip 1b estimated at 225,000 tons, and the Argentine exportable wheat surplus at 2,000,000 tons. At the wool saleß yesterday the bidding was lesß spirited, but prices are unchanged.