COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 213, 29 August 1908, Page 5

COMMERCIAL.

•BANK'OF ENGLAND. (By Cable.—Press Association.—Copyright.) Received 28, 8.32 p.m. _,, _ London, August 28. Ine Bank of England returns for the week are as follow; Gold coin, £37,- j 08o,000; reserve, £27,029,000; proportion of reserve to liabilities, 03.00; notes in circulation, £20,253,000; pub'ic deposits, £7,877,000; other deposits,! £44,233,000; Government securities, £15,532,000; other securities, £20,j 709,000. I THE MONEY MARKET.

The Bank rate of discount is 2'/ s per cent. Tliree months' bills in Guidon, 1 h per cent., Pavis 1% per cent., Berlin Per cent. For short loan bills the London rate is I per cent. government securities. I w 2 >M ? b ' M V» per eent. South Wales 4 per cents, 107'/,; 3% per cents, !99 3 per cents, 89>/ a . Victorian 4 per cents, 104; 3Va per cents, lUU I /.; 3 ikt cents, 8!) 14. .South Australian *3'/ s par

cents., 99; 3 per cents., 87. Queensland 4 per cents., 10j'/ 2; 31/, p ev cents 99 ,/ . 3 per cents., 88. New Zealand i w.r cents., 107'/.; 3% per cents., 99%; 3 nor cents., 89>/ 2 . Tasmania 3'/, per cems., 99; 3 per cents., 88. I'erth 3% x>r cents., s>D; 3 per cents., BS'/ a .

j I .OX DON MARKETS. Ileceived 28, 8.32 p.m. m , , London, August 28. Tha wheat market is dull. Despite the firmness, American buyers ale quite demoralised by the early abundance of the harvest of Canada, and in anticipation of free shipments thence sellers a firm. In view of the statistical position. I prices are nominally unchanged; 38s l>.l is asked for Australian August and September shipments, and 38s (id and 39s (id for spot. Flour is dull of trade; 25s to 25s (id is the ruling London price, and 27s in Glasgow. Butter.—The market is quiet and unchanged. Copper—Spot, £6O los; three month £Ol 10s. Tin Spot, £133 Ts 8d; three months, £134 2s 6d. Lead, £l3 7s 6d. Spelter, £l9 2s 6d. Iron is unchanged. Silver, 23 13-I6d.

Sugar Flat; German Os sd, first marks lis 7d. Wool—The Bradford wool market is quiet. Prices are unchanged. The undertone of the market is firm. Rabbit-skins—At the rabbit-skin sales ,1990 bundles were offered. The bu'.k was sold, the skins meeting with good competition at the best prices of last sales. Poorly-furred and runners were unchanged.