LONDON MARKETS.

Wanganui Chronicle, Volume XLVIII, Issue 12366, 5 December 1904, Page 2

LONDON MARKETS.

United Press Association —Copyright

Received December 3, 9.46 a.m. LONDON, December 2. Bank of England returns: —Gold coin, £30,774,000.; reserve)." £22,890,000, proportion of re,verve to liabilities, 45".30 ; in circulation, £28,111,000; public deposits, £42,153,000; Government securJUies, £15,610,000; other securities, £29,759,----000. Three months' bills, 2 31-32 per cent.

Consols, 88 5-8; New Zealand fours, 106; rest unchanged. European wheat markets are firmer, and there is good speculative demand. Distant cargoes of 9000 Australian February, and 12,000 December-January sold at 335; Australian spot is stow of sale at 33s 6d to 345. Flour is slow, with an easier tendency; London 25s to 265; Gl.iasgow 26s 6d to 275. New Zealand wheat, eipot, long-ber-ried, 32s 6d; short, 33s 6d. At the sheepskins sales 5800 were offered, and all soM. Bidding was spirited. Merinos id to fd higher, fine crossbreds t«o %&, medium' coarse Id. The advanoa;) are due to Ami€'ricain purchases.

Butter is firm, -with gocd inquiry for all classes of colonial, espociaiHy seoondari'ss. Danish 114s to 116s. Victorian choicest 104s to 106s, few s&ltness 10&«, New South Wales 102s to 104s.

Tallow.—There as a stock of 6069 casks; importe 2916, deliveries 4845. Copper.—Spot, £66 15s; three months' £67 2s. 6d.

T in.—Spot, £136 15s; three months, £134 15s.

Iron.—Spot, £48 ss. Lead, £12 18s 9d. Silver, 2s 3 3 Bd. Sugar is slow. First marks, 15s 4d; Gerim&n, 14s. The Bradford wool market is excited. Common sixties, 245; supers, 24|d; forty-aixes, 16d to 17s.