COMMERCIAL.

Timaru Herald, Volume LXXXI, Issue 12583, 21 January 1905, Page 3

COMMERCIAL.

United Press Association—Per Electric Telegraph—Copyright.

LONDON, January 19. At the wool sales the clips sold included the Tekamaru-at Is Oid and the Moorara at B|d. The sales have been postponed owing to fog. Copper, spot, v £69 per ton; three months, £69 ss. Tin, spot, £l3l. pe;: ton,; three months, £l3O 17s 6d. Received 11.35 p.m., January 20th. L.ONDON, January 20.

The Bank of . England returns show the stock of gold-and coin to be £31,625,000;; reserve, £23,995,000; percentage of - reserve. to liabilities 46.79; in circulation, £27,649,000; public deposits, £8,789,000; other deposits," £42,351,000; Government securities, £19,408,000; other securities, £25.873,000. Three months bills • are discounted at 2 9-16. :

Consols, 88f.'New South Wales-4 per cents. 106 (dealings in the New South Wales loan _ have taken place at J premium). Victorian 4 per cents'. 104.- South Australian per cents. 98. Queensland 4 per cents. 1054New Zealand 3i per cents. 98*. Tasmanian 3£ per cents. West Australian 3£ per cents. 97. Other stocks are unchanged. The wheat market is quiet but steady. There is little inquiry.. Cargoes are quoted at 32s 6d for off coast and 32s 9d was asked afloat and for February-March shipment. Flour is unchanged. The butter market is firm and unchanged.. Colonial has been practically cleared. : There is excellent demand owing to the shortage of continental supplies. The cheese market is firm. • The sugar market is firm; first marks, £l7 10s; German, £l6 4s.

The Bradford wool market is limited but firm with a hardening tendency; forties, 16id; forty-sixes, 17^d; common sixties, 24d; super, 25d. ,