COMMERCIAL.

Taranaki Daily News, Volume L, Issue 313, 11 January 1908, Page 5

COMMERCIAL.

BANK OF ENGLAND RETURNS. Received Jan. 10, 10.24 p.m. London, January 10. Th»- Hank of England returns for the past week arc as follows: Consols, £B3 13s 4d per £IOO. Gold, coin, etc., £33,726,000. Reserve, £24,273,000. The proportion of reserve to liabilities is 48.15. „ Note circulation, £28,048.000. Public deposit*, £5,2R8,000. Other deposits, £15,081,000. (Sovcrnmcnt ftccuritics, £10.332,000. Other securities, £27,704,000. LONDON MARKETS. I

Wheat—Markets firm, on the strength of the unfavorable weather reports from the Argentine. The statistical position is strong. Cargoes are hardening; 11.000 quarters of South Australian January shipment sold for 41s 3d. Flour- Finn and quiet. Australian. :10s, store and shipment; freights quiet. Vew Zealand. 20s 3d. Hut tor -Very linn: Danish 121, to I2(is. roVnial unchanged: strong demand, •■specially for secondaries, which w verv

Cheese Firm, unchanged. RANK RATE. Hank rate, 8 per cent.; three months' hills. 4% per cent. Consols, 8% per cent. I New South Wales 4 per centn., 10(iy 4 ; 3'/ 2 per cents., 9!H/ 2 ; 3 per cents, 87'/ 4 . Victorian 4 per cents., 103; 3'/ 2 per cents., 08%; 3 per cents., 87. South Australian 3</ 2 per cents., 100. Queensland 4 per cents., 103; 3'/, per cents., W/s; 3 per cents., 80. New Zealand 4 per cents., 106; 3'/ 2 per cents., 100; 3 per cents.. 87. Tasmanian 3'/ 2 per cents., 08. West Australian 3'/ 2 per cents., 97. METAL MARKET. Copper—Spot £62, three months £62 12s 6d. Tin—Spot £122 10s, three months £123 10s. Lend, £l4. Spelter, £l9 ss. Iron, 48s 4d.

SI'GAR MARKET. Sugar—Gorman ih lid, first marks Us lid. WOOL MARKET. The Bradford wool market is quieter. All classes are lirmer — - 4U's 13d, 4(i's 14% d, common 00's 25% d, super 2U%d. LONDON MARKETS. London, January 10. Silver, 2s 1 15-ltid. Copper—On the spot £6l 103; three months £O2 ss. Electrolytic copper £O4. Tin—On the spot £l2l ss; three months £122 ss. Lead, £l4 2s Gd. Wheat—The American visible supply of wheat is 08,155,000 bushels.

ME. NEWTON KINU'S WEEKLY AUCTION REPORT. Cattle—Following close on the holidays, and owing to farmers being busy harvesting there have been smaller yardings at all saleti this week. There has, however, been a steady demand lor all classes, and prices ruling prior to the holidays have been well maintained. At Stratford, on Monday, weaners made 19s (id, yearling bteers 43s Ud, 12to la-months heifers 32s tu 33s ud, store cows £2 8s tid to £2 13s, fat and forward do. £3 17s to £4 6s, bulls £2 10s to £4 17s fid. At Rahotu, on Tuesday, 12- to 15months heiiers brought 33s to 3os, springing heiiers £3 to £4, store cows £2 12s Ud, forward do. £3 4s to £3 8s Od, fat do. £4 9s tid, store pigs 13s Ud to 225, balls £2 7s Ud to £4 4s. At Stony River, on Wednesday, weaners made 15s od to £l, 15-nionths heifers 355, store cows 37s lid to £2 10s, forward do. £2 18e to £3- (is, fat do. £3 10s to £5 8s 6d, springing heifers £3 as to £3 10s, dairy cows in milk £2 10s to £3 17s tid, small utore pigs las Ud. At Waiwakaiho, on Thursday, 2- to 2Vi-year steers made £3 ss, store cows 37s 6d to £2 IBs, forward do. £3 to £3 13s tkl, fat do. £4 12s to £5, springing heifers £3 5s to £3 7s 6d, bulls £3.

VICIiERS & STEVENS' REPORT. Vickera & Stevens report that there was a good entry of cattle in their lnglewood yards on Wednesday, and bidding was good, nearly all lines changing hands at the hammer or privately at the following prices:—Mixed yearlings to 15-months £1 10s to £1 15s, 20-months steers £2 lis to £2 14s Od, store cows £2 to £3 6s, 2-year-old steers £3 10s fat cows £3 15s to £4 10s. WEBSTBR BROS.' STOCK REPORT. Our first sale under 1908 date was held yesterday at Omata, when our yards were taxed to the utmost. We tad over 300 head yarded. Bidding was brisk, but settlers in many preferred to hold until prices are more settled. Good 15 months heifers made 34s 6d, empty cows £2 Is 6d to £2 12s, old cows 13b to 265, forward cows £3 10s, stags £2 3s, fat cows £4 69 to £4 10s, Jersey heifers £4 10s. Next sale Friday, 21th January.

SHARE REPORT. R. Woodhouse, sharebroker, reports the following course of sales for the week ending 10th January, 1908: Wafbi, £8 7s; Talisman, 53b 6d, 61s 9d, 52s fid; Champion (paid), 4s 3d, 4s &| 4s 6d, contributing 3s 9'/jd, 3s sy 2 i, 43 Id, 3s lid; Karangahake, Is 7y.,d, 2s, only local agencies of outside firms have Sylvia, la. 4d, Is 3d; Golden Hills Is, Is.