COMMERCIAL
United Press Association-By Electric TelegraphCopyright. Received March 5, 12.50 a.m. LONDON, Mabch 3. The Bank of England reserve is i>23,606,000, and the proportion of reserve to liabilities 43*02 per cent. Three months bills 2£ per cent. Consols, 112. New South Wales 4 per cent si!ock 120, Si per cent 106, 3 per cent 99; Victorian 4 per cent, 111, 3£ per cent, 105; South Australian 8£ per cent 109|, 3 per cent 100 j Queensland 4 per cent 112, 31 per cent 105£; New Zealand 4 per cent 116, 3£ per cent 108, 3 per cent 99.J- ex interest ; Tasmanian 3£ per cent 107? ; West Australian 31 per cent 107. The English wheat market is firm with an upward tendency. The Continental is dull and the American steady. Calif ornian No. 1 milling 365. Russian cargoes 37s 9d. London quotation for hard Duluth 425. Sugar— Steady. Java 10s 9d; German 9s 3d. Iron, 46s 6d. The Bradford wool market is slack. The butter market is quiet, and prices are unchanged. The last shipment of Australian was hardly equal to the season's standard. This is attributed to the weather. Danish is a shade weaker.
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Bibliographic details
Star (Christchurch), Issue 6120, 5 March 1898, Page 5
Word Count
194COMMERCIAL Star (Christchurch), Issue 6120, 5 March 1898, Page 5
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