COMMERCIAL.
[Per Press Association.] LONDON, Dec. 31. The Bank of England weekly returns published to-day show the reserve of notes and coin to be .£32,136,000. The proportion of reserve to liabilities is 4426 por cent. Three months' bills are discounted at 3rV per cent. Consols 111.-. New South Wales 4 per cent inscribed stock 117-4-, 3-J- per cent 1071, 3 per cent 101^; Victorian 4 per cent 111^-, 3s per ..cent 104J ; South Australian ,4 per cent 112-.-, 3£ per cent 110; Queensland 4 per cent 111$ ; 3-_- per cent 105 ; Tasmanian 3j- per cent I05f; West Australian 3iper cent 111 ; New Zealand 4 per cent 112, 3-J per cent 105J-, 3 per cent 100 J. | Mutton, first cpiality 3 _d ; second 2sd ; lamb, 3-J-d. The English wheat market is firm with an xipward tendency. The Continental is firm, and the American is showing a general advance. . Californian No. 1 milling 35s 6d; Russian cargoes 32s 3d. No. 1 hard Duluth 35s 9d. Svgar — German, steady, 9s l.d. Java, lis 7-id. The Bradford wool market is quiet. The butter market is firm with fair business and unchanged prices. The shipment ex Maori King is in good condition, but some of this week's shipments are of a slightly fishy flavour.
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Bibliographic details
Star (Christchurch), Issue 5760, 2 January 1897, Page 6
Word Count
209COMMERCIAL. Star (Christchurch), Issue 5760, 2 January 1897, Page 6
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