COMMERCIAL.

Star (Christchurch), Issue 7802, 5 September 1903, Page 5

COMMERCIAL.

. r-* United Freu A*»ooi*tion— By Eleotiio Telegraph— Copyright. % LONDON, September 4. The weekly returns of the Bank of England 1 «how that the stock of gold coin and! bullion amounts to £33,382,000, reserve £24,442,000, proportion of reserve to liabilities 49.49 per cent, notes in circulation £29,509,000, public deposite £7,394,000, other deposits £41,872^.000, Government securities £18^2,000, other securities £24,969,000. Three months' bills'are discounted at J£ per cent. New South Wales three per cent stock 88 ; Victorian four per cent / 104, three and a half per cent 98, three per cent 89 ; Queensland! four per cent 106, three and a half per cent 96 2 three per cent 90 ; New, Zeala.nd four per cent 109£, three and a half per cent lOlj three per cent 90. Consols and other stocks are 'unchanged. Wheat— Maniitobaa- new crap is quoted! at 3s 10d i La. -Plata 30s (freight 14b), San Franoisco barley 120 cents. Copper—On spot £58 5s per ton, three months' £57 10s per ton. Tin— On spot £124 per ton, three months' £123 per ton.. Iron— £2 11s 8d per ton. ' Lead? — Unchanged. ' Spelter— £2o 17s 6d per ton. Silver— 2s 2£d per oz. Svgar — Quiet ; granulated first marks 10a 3d, German 8s sd. The Bradford wool market is quiet ; super sixties are worth 25d', others unchanged. For the coming series of London colonial wool sale® 183,,000 bales have been received! ta date, whereof 40,000 were forwarded direct to manufacturers, leaving 158,000 bales available. At the periodical sales of sheepskins competition, was .moderate, but regular. Short woolled. merinoes declined a farthing, low cross-bred's advanced a farthing and all otiher sorts were unchanged. (Received September 5, 10.15 a.m.) Consols are quoted at 89|. Silver— 2s 2 5-l6d per oz.