COMMERCIAL.

Timaru Herald, Volume LXIV, Issue 3237, 16 April 1900, Page 2

COMMERCIAL.

Unitei Press Association— By Electric Telegraph— Copyright, Received April 14th, 8.55 a.m. London, Aprill3. The Bank of England returns show the stock of gold, coin and bullion to be £30,497,000 ; reserve, £19,968,000; proportion of reserve to liabilities, 40-14 ; m circulation, £29,991,000 ; public deposits, £6,504,000 ; other deposits, £43,065,000 ; Government securities, £15,646,000 ; other securities, £31,927,000. Three months' bills are discounted at 4 346 per cent. . Consols, 101. * New South Wales 4 per cents,, 116&; 3£ per cents., 104 ; 3 per cents., 99£; Victorian 4 per cents., 111£; 3i per cents., 104 J. South Australian 3i per cents., 107; 3 per cents., 944. Queensland 4 per cent., Ill ; 3£ per cents., 105. New Zedland 4 per cents., 110, 3* per cents., 106 ; 3 per cents., 96£. Tasmanian3i per cents., 105. Western Australian 3% per cents., 102±. Wheat markets are tending upwards. Victorian March-April shipments, 29s 6d ; parcels of February-March, 28s 9i. Copper Is firm ; spot, 78| ; three months 77f . Tin is firmer ; spot, 140£; three months 139. Iron, 768 Bd. Lead, 16*. Imports, 17,186 tons (Australian, 4372 tons) ; exports, 5252 tons. Silver, 2s 3 7-16 d. Sugar is firm; Java, 12s 61 ; German, 10s 3d. The Bradford wool market is lifeless. Common sixties, 24i ; supers, 25£. Butter is dull m a holiday market. Prices are nominally unchanged. Cheese Is firm and unchanged. Exporters of American food stuffs are complaining that shipments received m South Africa have reduced the size of their orders, Great Britain being quick to discover that Australian corned meats are cheaper and obtained much more expeditiously than the American article.