COMMERCIAL

Taranaki Daily News, Volume LI, Issue 324, 16 January 1909, Page 2

COMMERCIAL

BANKING RETURN*. deceived 13, 7.40 p.m. London, dmiuury 13. The llatik of England returns lor the . past week are as lolioiv: Uold coin, £30,234,000; reserve, £22,013,000; proportion of reserve to liabilities, 43.20; note circulation, £20,003,000; public' deposits, £30,(110,000; other deposits, £42,880,000; (joverniuent securities,£ls,3ol,OUU; other securities, £30,180,000. THE MONEY MAttKET. The market rate of discount for best three months hills is 2 7-1U per cent i The Paris rate is 2ft per cent, and Berlin 2'/„ per cent. Si.urt leans 1% per , ceat. j GOVERNMENT SECURITIES - * Consols £B3 10s, Victorian three and a-lmlf per cents £01) 10s, South Australian three per cents £B4. New Zealand four per cents £IOB. Tasinanian three per cents. £B7. Other stocks are unchanged. LONDON MARKETS. ■Wheat—The markets are dull and show a decline of about sixpence. Buy. ci-s are inactive in.view of the easy American markets and the favorable news from Argentina. Willi the prospect of a considerable increase in the weekly shipments, there is little demand for cargoes. Thirty-seven shillings to 37a Od is asked for new crop afloat; nnd 36s Od for January-February shipments. Flour-The market is dull. Australian is quoted in London at 20s to 27a nnd in Glasgow at 27s for January February and March shipments. Butter and cheese—The market is firm for all sorts and unchanged. Some of the Victorian butters were slightly heated at the time of manufacture. Topper-Spot. £Ol Ills 3d; three months £ll2 13s. .C?2o~f , fl!l l CI2? 178 M ' ""*" m ° ntl,S Lend. £l3 2s Od. Speller, £2l 7s Od. 4 Tron, 48s 7d. 12^iT~~ f!,, "" nn ,0s " <l ' first n,arks Wool-Tlic Bradford market is quiet. Quotations: Forties Uftd, fortv-sixes l.l'/sd'. common sixties 22%N, surW 23% d, sixty-fours 24% d.