COMMERCIAL.

Taranaki Daily News, Volume LI, Issue 222, 12 September 1908, Page 5

COMMERCIAL.

. BANK OP ENGLAND RETURNS. i Received 11, 8.20 .pan. I London, September 11. The Bank of England returns are as follows:—Gold coin in circulation, £30,reserve, £27,508,000; proportion of reserve to liabilities, 53.08$ note circulation, £29,096,000; public deposits, '£5,700,000; other deposits, £45,504,000; Government - securities, £05,532,000; Other securities, £26,432,000. THE MONEY MARKET. • The Bank rate of discount is 2'/i per cent.; three months' bills, 1 9-16 per cent. The Paris rate is 1% per cent, to 2y a per cent.; Berlin rate, 3 per cent. GOVERNMENT SECURITIES. Gonsols, 80. New South Wales 4 per cents., 108: Queensland 4 per cents., 106; 3>/ 2 per cents., 'JG'/od; 3 per cents., 87%. South Australian 3V4 per cents., 99 3 per cents., 87Ms- Tasmanian 3'/ 2 per cents., 99; 3's, 88. Other stocks are unchanged. LONDON MARKETS. The damp weather has hardened the markets, especially for new English and readily available foreign parcels. There is little inquiry for cargoes, which are firmly held. Australian afloat is quoted at 38s 3d; prompt delivery 38s 9d; new crop, January and February shipment, 375. There 'is more inquiry for spot at 40s and 41s. / • Flour.—The market is quiet. Australian in London is fetching 24s 9d to (25s 3d, in G.asgow 26s 9d. Tbe American visible supply of wheat is 29,211,000 bushels. Butter.—The market is steady. Quotations: Danish 118s to 120s; Australian, none offering; New Zealand, 110s to 118s. Copper. Spot, £OO 18s 9d; three months, £6l 13s 9d. . Tin.—Spot, £l3O ss; three months, £l3l 7s 6d. • Lead, £l3 se. ■ Spelter, £l9 ss. . Iron, 52s 6d. Sugar—German 9s 6d, first marks lis lid. ' , t . •Wool—The Bradford wool market is firm. Prices are unchanged. Skins.—At the sheepskin sales /800 bundles were offered. The bulk was gold. There was an average attendance' of buyers, including some American. There wa 3 good competition for everything, which brought to %d above the July rates.

THE BUTTER MARKET. yF.IH mam By Telegrapb.—Press Association. Dunedin, last Night. , • The Taieri and Peninsular Milk &ip•ply Company has decided to reduce the price of butter by 2d per lib from MonBay next. : BIG PRICE FOR CHEESE. Gore, Xjast Night. The Mataura Dairy Company have Bold their season's cheese outputto A. 6. Paterson and Co., Dunedin, at fa Mou •—a record for this district. r IjOCAL MARKETS.

f ' — Each. 8. D. 8. P. Boosters 2 0 to 4 0 Hens 1 8 to 2 6 Cockerels 2 0 to 3 2 Backs 2 3 to 3 4 Turkeys, gob., 5 0 to 6 9 0 to 5 0 hens 3