COMMERCIAL.

Taranaki Daily News, Volume LIV, Issue 13, 10 July 1911, Page 2

COMMERCIAL.

BANK OF ENGLAND RETURNS. By Cable.—Press Association.—Copyright. Loridon, July 7. The Bank of England returns f<Jr the week ending Wednesday last are as follows: Gold coin, £28,729,000. Reserve, £28,712,000. Note circulation, £29,691,000. Public deposits, £ 10,764,000. OtOier deposits, £51,590,000. Government securities, £14,969,000. Other securities, £37,648,000. Proportion of reserve to liabilities, 45,30.

LONDON MARKETS. London, July 7. Wheat.—The markets are lirni, owing to the continuance of unfavorable crop reports from Russia and America. Cargoes are firmly held. Two Australian cargoes sold at Ms 3d, and Australian March-April shipment,? were offered at 34«. Australian spot is quiet at 3f>s. Hour. —Quiet. Australian nearly due is selling at 23s Od o.i.f. July-August shipments are offering at 22s Od to 235. Oats. —Steady. La Plata July-August shipments. 15s 4%d. Wool.—The Antwerp sales closed with a weak tendency. Merinos were 5 to 10 centimes and crossbred* 13 to 25 centimes below May prices. Four thousand .'even hundred and twenty bales of La Plata ,were offered and 1752 were sold.

Butter.—Steady demand and firm tone, owing to the general hot weather in Europe. Danish, 115s to lifts; choicest Australian, 102s to 104s; unsaltcd. lOlis to lOSs; secondaries. 04s to 98s.

Cheese.—Very firm. Old Canadian, fiOs to (535; New Zealand, (50s to 61s; Queensland, 50s to 58s od.

Copper.—On the spot, ,£SO 12s (id; at three months, £57 3s Od; electrolytic, £SB 12s Od.

Tin—On the spot, £lOl 10s; at three months, £IBB las. Iron, 4fis. Spelter, £24 12s Cd. Sugar—German, lis 8d; first marks, 13s 7d. Bradford Wool.—The market is firm but unchanged. Kauri Gum.—One hundred and ninety eases were offered, and 20 sold, Prices are unchanged. Throe-quarter scraped is nominally lfiOs to 180s. Stock 200 cases. s Silver, 24 5-1f1d,.,_ AMERICAN WHEAT. London. July 7. The American visible supply of wheat is 38,0CG.00 bushels.