COMMERCIAL.

Oamaru Mail, Volume XXIII, Issue 7371, 19 November 1898, Page 4

COMMERCIAL.

[Bt Electric Telegraph—Copyright.] (per uktebd pbess association. ) Received November 18, at 8.50 a,m. London, November 18. The Bank of England stock of gold coin and bullion is L 30,108,000 ; reserve L 22,196,000; proportion of reserve to liabilities 53*90; circulation, L 27,043,000; public deposits, L 5,805,000; other deposits, L 35,245,000; Government securities, L 9.905,000; and other securities, L 26.779,300. Three months 1 bills are discounted at 2i per cent. 'Consols, 110 J. New South Wales 4 per cent, inscribed stock, 118J ; 3k do, 105 ; 3 do 100£. Victorian 4 per cent, inscribed stock, 113 ; 3£ do, 106. South Australian 3& per cents, 107; 3 do, 100. Queensland 4 per cents, 110f; 3* do 105. New Zealand 4 per cents, 113£; 3i do, 108; 3 do, 99*. Tasmanian 3£ per cents, 1074. West Australian 3k per cents, 104. English wheat is inclined to weakness, Continental is steady, and American firm. South Australian cargoes, early shipment, 30s 6d; Australian wheat, landed, 32s 3d; New York No. 2 red winter, 76§ cents. Oats are dull. Fine, 295. Victorian dun peas, 27s 6d. Beans, 32s 6d. Copper is very firm. Spot sale 3, 085 ; hree months, 56*. Tin —Spot, 82; three months, 82§. Iron, 49s 6d. Lead—Spot, foreign, 13s 10a. The sugar market is steady. Java, 12s 3d ; German beet, 10s. The Bradford wool market is brisker. Butter is improving. Colonial, 104s to 106s ; Danish, 112s. Babbits are dull, and prices are unchanged.