COMMERCIAL.

Timaru Herald, Volume LXXXIII, Issue 12906, 19 February 1906, Page 5

COMMERCIAL.

FINANCE AXD TRADE

"United Press Association—Per Electric Telegraph—Copyright. LONDON, February 16Bank of England returns—Coin £32,449,000; reserve £24,492,000; proportion of reserve to liabilities 45.92 per cent.; notes in circulation £28,064,000; public deposits £15,662,000; other deposits £39,554.000; Government securities £12,699,000; other securities £34,326,000. Consols, 90|.

New- Zealand 4 per cents., 109£, 3£ per cents., 100, per cents., 90. Queensland per cents., 100j. West Australian per cents., 99.

markets are dull, and droopiag« £ Owing to.heavier shipments are flat,! tending In-buyers*, favour.. Victorian ifebruary-March shipments," Sis 3d; New Swath Wales loading, ola 6Jd; Australian on spot,s4» 6d. New Zealand v/heat is exhausted, Flour.is dull and neglected. . London and Glasgow parcels (March arrival), are offered at 235: 3d. to 23s 6d. ■ The American visible supply of wheat and flour ~S 71 ( 542,0QG bushel?. Copper, ,sp6t; £77 10s per ton-; three months, ,£74 Ss.

Tin, spot, £166-10s per ton; three months, £165.

Lead, ;£ls 15s per ton. Pig irpn, 49s 8d per ton. Sugar—German. 8s; first marks,, 10s Id. The Bradford wool market is active. AU tops are firm, and unchanged. Butter is steady and unchanged in price. Danish is hardening. Choicesi colonial has all been cleared. There is a slow trade in secondaries owing to .the competition of American. The condition of some of: the Australian brands is unsatisfactory, and is attributed to. the heat at the time. of manufacture. A BUTTER CASE. Received 12.28 p.m., February 18th LONDON, February 17.

'J ne Agents-General arc prosecuting Coopman and Young respecting a Queensland box ©£ butter at Clerkenwell Court.

WELLINGTON WOOL SALES.

Per Press Association

WELLINGTON. Februarv 17.

Between 5000 and 6000 hales were submitted at yesterday's wool sales. Competition was keen, especially for clean, bright lambs 1 wool, and good bulky bellies and pieces. Compared with the .'funnary .vtles, und taking iar»*con«.ideration the condition of t.'ie wool o.iiali to-day. prices were l»lly id. and in soiu<* ca>eK Jd higher. The following the range of prices: Crossbred, medium, bright condition, lOd to 10? d : ditto. cn,ii>e. 9jd to lOd; ditto, inferior and dingy. Sid to 9d; lambs, medium to fine r lOd to lid; ditto, coarse, 9jd_ to 10d; ditto, inferior. 7d to Bid; bellies and pieces. 52d to 81d; locks, 4d to 5Jd.

The New Zealand Flour Millers' Co-op-erative Association, Limited, report the following prices Flour, per ton £8 10s, sacks; £9, 1001b bags; £9 ss. 501b bags; £9 10s 251b bags; bran, £3 ss; pollard, £5.