COMMERCIAL.

Taranaki Daily News, Volume LIII, Issue 294, 6 May 1911, Page 5

COMMERCIAL.

LONDON MARKETS. By cable.—Press Association.—Copyright Received 6, 8.30 p.m. London, May 5. Rabbit skins.—Sales have closed, with fair to good quality at par to a hafcpenny decline, and summers a penny ta three half-pence lover. DAIRY PRODUCE. Received 6, 8.30 p.m. London, May 6. Butter—Dull, with a downward ten* dency. Ninety-three thousand boxes of colonial arrived in the week. Home and Continental supplies are steadily growing. Danish, Ills to 113s; choicest Australian, Baited, 88s to 100s; New Zea< land, 108s; unsalted, 110s; lower qualities, neglected, 84s to 94a. Cheese.—Quiet. New Zealand, 61s to 02s. The Trust Agency of Australasia announces a profit of £57,825, and will carry forward £2512. THE WOOL MARKET. Received 5, 8.30 p.m. London, May 5. The Bradford wool market is firm and unchanged. The Antwerp sales closed slightly weaker, 4150 bales being sold out of 6682 bales offered. CEREALS. Received 5, 8.30 p.m. London, April 5. Wheat—Markets are firm. An Australian cargo sold at 355, and 14,000 quarters of New South Wales wheat, by sailer, March shipment, at 34s 9d. Parcels of South Australian and Victorian April, May and June sold at 34s to 34s 0(1; March, 355. Holders are asking 35s 3d for Fehrunry-March-April cargoes; 37s was paid for Australian on the spot. Oats—Firm. La Plata May and June shipments, 1-Is Crt to 14s 9d. THE (METAL MARKETS. Received 5, 8.30 p.m. London, May 5. Copper—On the spot, £53 18s Od; at three months, £54 lis 3d. Tin—On the spot, £192; at three months, £lB9. Lead, £l2 7s Od; spelter, £24 ss. Iron, 465. BANK OP ENGLAND RETURNS. Received 5, 8.30 p.m. London, May 5. The Bank of England returns for the week ending Wednesday last are as follow: Cold coin, £36,757.000. Reserve, £20,914,000. Note circulation, £28.341,000. Public deposits, £14.147.000. Other deposits, £42,070,000. Government securities. £14,901,---. Other securities, £32,008,000. Proportion of reserve to liabilities, 47.86. THE MONEY MARKET. Bank rate, 3 per cent.; short loans, 2 per cent; three months' bills, 2% per cent.; Paris, 2% per cent. Berlin, 2% per cent. GOVERNMENT SECURITIES. The following are the latest quotations for Government securities:— 2V 3 per cent. Consols, £Bl ss. Rise of ss. 4 per cent. New South Wales, £lO6. Unchanged. 314 per cent. New South Wales, £B7 10s. Unchanged. 3 per cent. New South Wales, £B7 10s. Unchanged. 4 per cent. Victoria, £lO3 15s. Rise of ss. 3% per cent. Victoria, £9B 10s. Unchanged. 3 per cent. Victoria, £B6. Unchanged. 3y 2 per cent. South Australia, £8 10s. Unchanged. 3 per cent. South Australia, £8 10s. Unchanged. 3 per cent. South Australia, £B2 10s. Unchanged. 4 per cent. Queensland, £lO3 15s. Unchanged. 3 1 /, per cent. Queensland, £97 12s 6d. Unchanged. 3 per cent. Queensland, £B6. Unchanged. 4 per cent. New Zealand, £lO4. Unchanged. ' 3i/, per cent. New Zealand, £9B. Unchanged. 3 per cent. New Zealand, £B6 10s. Unchanged. 3% per cent. Tasmania, £97 10s. Unchanged. 3 per cent. Tasmania, £B6. Rise of 10s. 3y. per cent. West Australia, £96 12s fid. Rise of 2s 6d. 3 per cent. West Australia, £B6 7s fld. Fall of 2s fid.