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COMMERCIAL.

♦ n United Press Association— By Electric ,' Telegraph— Copyright. LONDON, May 30: The Bank of England returns shw the reserve to be £24,561,000, the amount of gold coin, and bullion £33,543,000, tlheffroportion of reserve to liabilities 46.69 per cent, notes in circulation £29,158,000, public deposits £9,855,000, other deposits £42,619,000, Government securities £14,822,000, other securities £30,981,000. Consols 96§Three months' bills are discounted at 2$ 1 per cent. New South Wales 4 per cent inscribed stock is quoted at 116, 3 per oent 95±. South Australian 3£ per cent 105. New! Zealand 3£ per cent 109. "" Wheat— The European markets are firm and quiet, and the American, axe weak. Cargoes are steady. A Victorian January shipment and a New South Wales February shipment easily sold at 50s 6d; -~ Copper £54 per ton. ! Tin— On spot £137 per ton, three months' £133 5s per ton. Pig iron 54s 3d per ton. ! Lead £11 7s 6d per ton. Spelter £18 8s 9d per ton. Wool at Bradford has slow sales and prices are unchanged. The London sales were brisk amd prices were fully maintained. (Received May 31, 11.5 a.m.) LOMMJN, May 30. Sugar is fiat. German 6s 2d per cwt, First Marks granulated 7s 8d per cwt. . Wheat — An Australiai* cargo was ire-sold at 30s 3d {per quarter.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19020531.2.69

Bibliographic details

Star (Christchurch), Issue 7417, 31 May 1902, Page 5

Word Count
214

COMMERCIAL. Star (Christchurch), Issue 7417, 31 May 1902, Page 5

COMMERCIAL. Star (Christchurch), Issue 7417, 31 May 1902, Page 5