COMMERCIAL

Taranaki Daily News, Volume LIII, Issue 254, 6 March 1911, Page 2

COMMERCIAL

,BAXIC OK ENGLAND RETURNS. By Cable—Press Association—Copyright. London, March 3. Tile Bank <>r England returns for the week ending Wednesday last are as follows: Reserve, £29,081,000. Gold coin, £37,003,000. Note circulation, £27,520,000. Public deposits, £19,022,000. Other deposits, £30,241,000. Government securities, £14,038,000. Other securities, £32,795,000. Proportion of reserve to liabilities 49.89.

THE MONEY MARKET. Three months bills, 2 9-10 per cent.; Paris, 2>/g per cent.; Berlin, 3 per cent. Short loans, 3% per ceiit. GOVERNMENT SECURITIES. The following are the latest quotations for Government securities:— 2% per cent, Consols, £BO 17s 6d. Rise of 10s.

4 per cent. New South Wales, £lO5 10s. Unchanged. 3 1 /, per cent. New South Wales, £9B. Unchanged. 3 per cent. New South Wales, £B7. Fall of 30s.

4 per cent. Victoria, £lO3 10s. Unchanged. 3y, per cent. Victoria, £97 10s. Unchanged. 3 per cent. Victoria, £BS. Unchanged. 3'/ a per cent. South Australia, £97 10s. Rise of 10s.

.. 3 per cent. South Australia, £B2. Unchanged. 4 per cent. Queensland, £lO3 10s. Unchanged. 3% per cent. Queensland, £97. Unchanged. 3 per cent. Queensland, £BS 10s. Unchanged. 4 per cent New Zealand, £IOO. Rise of 10s.

3Vi> per cent. New Zealand, £97 10s, Rise of 10s.

3 per cent. New Zealand, £BO. Fall of £l.

3Va per cent. Tasmania, £97 10s. Unchanged. 3 per cent. Tasmania, £BS. Unchanged. 3y„ per cent. West Australia, £97 10b. Unchanged. 3 per cent. West Australia, £B7. Unchanged.

'LONDON MARKETS.

London, March 3. Copper.—Spot, £54 12s Gd; three months, £55 lis 3d; electrolytic £57 ss. Tin.—Spot, £lB9 ss; three months, £lB4 ss. Lead, £l3 6s 3d. Spelter, £23. Iron, 48s 6d. Sugar.—German, 9s lid; first marks, Ms lOd. Bradford Wool.—Unchanged, business limited. Butter.—Danish 119s to 121s. Choicest salted and unsalted colonial is selling rapidly at late rates. Secondaries are plentiful and neglected, with a downward tendency.' Many Australian brands are showing signs of heat when made. Cheese.—Firmer. New Zealand white, 575; colored 595. The wheat markets are depressed, especially for distant cargoes, owing to continued pressure to sell Indian and River Plate cargoes owing to weakness in America, and heavy world's shipments, though, decreasing stocks in the United Kingdom caused a demand for near wheats; 33s 9d was asked for Australian .Tamiary : Febriiary-March shipment; 33s fid for parcels in MarchApril; 31s 9d to 32s for cargoes of New Zealand new crop, March shipment/ There is small inquiry for Australian! spot at 36s 6d and 375. j

Flour.—Slow; Australian patents, 255; ex store, 23s 3d February-March shipment.

Oats.—Slow. Gartons, 19s to 21a Gd; sparrowbills, 18s Od to 20s Gd; La Plata, March-April 13s. Beans.—New Zealand, slow, 35s to 365.