COMMERCIAL.

Timaru Herald, Volume LXXVI, Issue 11654, 11 January 1902, Page 2

COMMERCIAL.

tinned Press Association—Per Electric Telegraph—Copyright,. Received 10.40 p.m., January 10th. LONDON, January 10. The Bank of England reserve is £21,625,000 ; coin and bullion, £31,654,000 ; proportion of reserve to liabilities, 41.85; in circulation, £29,776,000; public deposits, £10,401,000; other deposits, £41,105.000 ; Government securities, £20,873,000; other securities, £27,188,000. Tin is dull: spot, £103; three months, lOOid. Pig iron, 49s 4£d. Silver, 2s 1 5-16 d. 3 116 66 mon^s ' kills are discounted at Consols, 93g. New South Wales 4- per cents.. 116; 3 per cents, New Zealand 4 per cents., Ills; per cents., 105. The wheat markets are quiet but steady. Cargoes are a. shade easier. A Victorian January-February shipment has been sold at 30s 3d; off coast 31s 3d; a New South Wales December-January shipment, 30s. The wheat cargo by the Triton from Lyttelton has been sold at 29s 9d. A South Australian cargo realised 30s 41d. The American visible supply of wheat is estimated at 94,900,000 bushels. Butter is dull, and colonial is slow of sale at 102s to 104s ; occasional lots, 106s ; Danish, 112s to 114s. The northern markets are flat . Cheese is fjrm but unchanged. Sugar is flat and unchanged. Copper is quiet;spot, 47g ;three months, 37-J. Lead, £lO 9s 4*d. Spelter, 16 7-16. The Bradford wool market is very firm, but prices are unchanged. At the Antwerp sales 2115 bales of La- Plata wool were offered, and 1110 bales were sold. Prices showed' a five centimes advance on the October sales.