COMMERCIAL.

Timaru Herald, Volume LXXXI, Issue 12480, 17 September 1904, Page 3

COMMERCIAL.

- United Press Association —Per Electric Telegraph—Copyright. . _ \ LONDON, September 15. At the Antwerp wool sales, 2827 bales •were offered ; and '1446 sold. There was fair animation, prices showing an advance of five centimes on July sales. An Australian cargo of wheat, has been sold at 32s 3d and 700 quarters of Septem-ber-October shipment at" 345. Received 9.46 p.m., September 16th. LONDON, September 16. New Zealand has placed £320,000 4 per cents with a currency of five years, and J899,000 and" £85,000 at par. Received 10.15 p.m., September 16th. ■ The Bank of England returns show the stock of gold and coin to be £36,145,000; reserve,. £28,486,000;. proportion of reserve to liabilities, 58.56 ; 1 in- Ciiculatidn,--'•£28jll8,0d0 ; public deposits.£7,B3l,ooo; other deposits, *2649,698, Government ■securities, £1'4y227,000' other Securities, £24,160.000. i' * 'Three . months • bills' are discounted at: 2- 7.-16 pet cent." ; bonsols, 88|. New .South Wales; 3 per cents., 85£. Victorian 4 per,cents., 103$; 3£ per cents., 96; 3 per cents., 86-4-. New Zealand 3 per cents,' 'B7s.. Other, stocks are unchanged. The European wheat did not respond freely to the American rise. Cargoes are very firm. A cargo and_ 16,000 quarter of Australian, October shipment, have been sold at 33s 9d net, and another cargo and 25,000 quarters, -September'October shipment, at 345. _ The American visible, supply of wheat is 21,473,000 bushels.'. , , . . v "-Flour, Minneapolis, 540 cents. \. The butter'market ib firm; trade is quiet. Danish is in strong demand at 1225; Victorian, 102s to 104s. For New South Wales' holders are asking 104s'to 106s. Cqpper. on spot, £57 10s; three months, £57 lis 3d. ' , Tin, on spot, £126 10s; three months, £127. . . " Iron, 43s 3d. Lead,. £ll 17s 6d. Spelter, £22 lis 3d. Silv.ei', 2s 2|d. , Sugar is quiet; first marks, 12s 6d; German, 10s Bd. ■ At the Bradford wool market a moderate? business is passing at firm rates.

Per Press Association. WELLINGTON, September 16. During August the quantities and values of the Teading" lines of produce exported from ihe colony were—Butter, 2859 cwt, va"ue £13,297;- cheese, 899 cwt, £1882; beef,' 39,961' cwt, £51,405 ; mutton, 95,419 cwt, £136,101: lamb,'3o,lßo cwt, £53,505; wheat, 30.735 bushels, £4948; oats, 297,, 060 bushels, £25,158.