Trade and Finance.

Taranaki Daily News, Volume XLVII, Issue 7713, 16 January 1905, Page 3

Trade and Finance.

LONDON COMMERCIAL CARLE, j LONDON. Jan. 13. BANK OF ENGLAND RETURNS. The Bank of England return for .4. tho week ended Wednesday, January tilth, included the following figures—r (Sold coin, £30,380.000 ; reserve, £22,419,000 ; percentage of reserve to liabilities, 44.52notest etc., in circulation, £27,945,000 ; public deposits, £414755,000 : Government ■ securities', £19,000,000 ; other securities, £26,511,000. GOVERNMENT SECURITIES. Coifcols, 88} ; New South Wafles 3J per cents, 98; Victorian 3J per -Cents, 96J- ; Queensland 4 per cents, 105; rest unchanged. THE MONEY MARKET. The market rate of discount for Besl three months bills is 2} per cent. THE PRICE OF METALS. Copper.—Spot £6B 12s 6d, three months £69,: Tin.—Spot and three mouthy £l3l •k 15s. Iron, £l9 7». Lead, £l2 18s 9d. COLONIAL AND OTHER PRODUCE Butter.—Steady trade ; Australian | and New Zealand practically cleared. Prices are unchanged exdept for a lew fancy brands. Australian, 100s, New Zealand 102s, Danish (weak) 108s. Cheese.—Very firm ; New Zealland 52s to 539. Sugar—Strong. First rnaiKs 17s fid. German 16s, Bradford wool market is quiet and unchanged pending the opening of the London wool gales. ■ The wheat markets are recovering ' from the holiday inactivity, with a tone steady. Owing to smalller shipments the prices hava improved about 3d. Cargoes are quiet and holders firm, asking 33s for passage shipments. Flourt—Quiet, but Steady ; at Lon3d to 2os 9d ; (Masprow, 26s 3d to 26s 9d. Sheepskin ®bJos.—<3soo offered, and >' iitu Aiislralasian compare;! ' " DeC f^ ber ' Sa,cs show meriny Ls' ~' W dearer ; fine crosscoarse, -ja. Americans the crossbreris.