COMMERCIAL.

Taranaki Daily News, Volume LII, Issue 98, 22 May 1909, Page 2

COMMERCIAL.

BANK OF ENGLAND RETURNS. Received 21, 7.50 p.m. London, May 21. The Bank of England returns for the past «wk are as follows: Hold coin, £30,895,000; reserve, £27.730,000; proportion of reserve to liabilities. 40.50; circulation, £20,201.000; public deposits, £l-1,954,000; other deposit*. £40,085,000; fJovcrnment securities,£ls.36o.ooo; otlier securities, £30,574,000. TTIE MONEY MARKET.

The Bank rale of discount is 2% per cent, for 6 liort loans. For throe months' bills the rate of discount in London is 1% per cent., and in Berlin 2% per cent. GOYERXMEXT SECURITIES. Consols are unchtr.Hred. X«w South Wales 4 .per cents. £108; 3% per cents, £99%; 3 per cento. £BB%. Victoria 3 per cunts. £BB. . South Australian 3% per cents. £99%; 3 per cents. £S(i. Queensland 4 per cents. "£100; 3% £9B'/!,; 3 per cents. £BB. New Zealand 4 per cents. £100: 3% £99%; 3 per cents'. £87%. Tasmanian 3%, per cents. £99%; 3 per cents. £BB%.

Westralian-3% per cwts.£9S%; 3 ner cents. £87%.

The Westralian new loan is quoted at % per cent, premium. LO.VDOX MARKETS.

Copper-Spot £59 8s 9dj three months £OO 2s Od; electrolytic £OO ss. JCl32"io. POt £l3l " 10S; thrW month 6

Iron, 47s lOd. \ Spelter, £22. .Sugar-German 10s 7d; Bret marks 12s 6d.

, At Bradford the wool market is firmbut quiet. Prices are unchanged kales included the Hinemoa clip, '»>/.,]'■ ancMua Ora 9%d. Wheat—The market is very firm, there being an active demand for ne.ir cargoes for the Continent, especially Germany. Australian cargo sold at im, i • ? / nc " rl y duc P arcel at 44s I«%d. Australian spot is verv scarce and s old at 47s od.

Flour—Tllo market is quiet and unchanged. 1-or spot 'there is nothing doing, n Ruttcr-The butter market is very firm. Supplies are short n«i n „ to the cold and dry weather ,> Engfand and nn the Continent Quotations: Danish Us to U7s; choicest. Australian about 02s, occasconally 104s; Xcw Zealand i"U> there is good demand for secondary Australian at 04s to !)Ss, and Vow /enlnnd Ms to 100s. Rabbitskins-At the sales 107S hun<ll«vwcre oll'ored. There was a A,0,l demand, low being sold, . The "«?e™t advance was about a halfpenny.