COMMERCIAL.
United Press Association—Pc: Electric Telegraph—Copyright. Received 10.12 p.m.. March 7th. _ LON.LSOX. M.rch r. The Bank of England it.-erve is £26.296.000 ; coin and bullion. £35.075. 000 : proportion of reserve to "liabilities. 45.48 : in ,-irculaticn. £28.841.000: public deposit*. £13.492.000: other de;v..-=:-.-. £39.126.000: Government i/the"- securities. 203.556.0C0. New South Wales 4 per rent, s'ock. 116 : .3 per cent. do.. 95i." New Zealand 5 per cent, stock. 94. Other .--loci-::.- -re uii.haYiged. , Thr- English whe;;t :'.re .',e.p>s • tiir- Continental marker :- Snn. but t-;::* American market is we::k owir.g to Lrne -tock- in the United Sr.-t'.i and Canada. liiiKinexs in cargoes is .'"I!, and prices ikh niinallr unchanged. The American visible { supply of wheat is estimated at 84,515,000
unchanged. Australian shipments are practically finished. .Prices for New Zealand are firm. The sugar market is quiet; German, 6s 6d; first marks, 8s l^d. Prices of copper are tending downward; spot and three months, both 54. Lead, ll^d. Pig Iron, 53s 6d. Spelter, 17 15-16ths. Silver, 2s 13-16 d. , , , At Bradford wool is firm and unchanged. Three months' bills are discounted at 23 The Bank of Australasia has declared a dividend of 10 per cent.; added £40,000 to the reserve; £20,000 to the premises account: «nd carried forward £l4,&>t.
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Bibliographic details
Timaru Herald, Volume LXXVI, Issue 11700, 8 March 1902, Page 3
Word Count
203COMMERCIAL. Timaru Herald, Volume LXXVI, Issue 11700, 8 March 1902, Page 3
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