COMMERCIAL.

Taranaki Daily News, Volume LIV, Issue 210, 11 March 1912, Page 2

COMMERCIAL.

BANK OF ENGLAND RETURNS. By Oftble—Prees A/wociation—-Copyright. London, March 8. The Bank of England returns for the week ending Wednesday last are as follow: Gold, coin, £37,642,000. Reserve, £29,275,000.' Note circulation, £28,253,000. Public deposits, £23,668,000. Other deposits, £42,455,000. Government securities, £15,116,000. Other securities, £39,078,000. Proportion of reserve to liabilities, 44.26. THE MONEY MARKET. Bank rate, 3y 2 per cent.; short loans, 3% per cent.; three months' billß, 3 7-16 per cent.; Paris, 3 per cent.; Berlin, 4% per cent. GOVERNMENT SECURITIES. The following are the latest quotations for Government securities:— 2% per cent. Consols, £77 15s; fall 'of 12s 6d. 4 per cent. New South Wales, £lO5 10s; unchanged. 3y a per cent. New South Wales, £97; unchanged. 3 per cent. New South Wales, £B7; unchanged. 4 per cent. Victoria, £lOl 10s; omchanged. 3% per cent. Victoria, £9B 10s; rise of £2. 3 per cent. Victoria, £BS 10s; rise of £l. 3y 2 per cent. South Australia, £97; unchanged. 3 per cent. South Australia, £BS; unchanged. 4 per cent. Queensland, £102; unchanged. • 3% per cent. Queensland, £9O 10s; unchanged. 3> per cent. Queensland, £B4 10s; unchanged. 4 per cent. New Zealand, £104; fall of 2» 6d. t , 3% per cent. New Zealand, £97; fall of 10s. 3 per cent. New Zealand, £B6; fall Of £1 10s. 3y 2 per cent. Tasmania, £96; unchanged. 3 per cent. Tasmania, £BS; unchanged. 3% per cent. West Australia, £95 10s; unchanged. 3 per cent. West Australia, £B7; unchanged. LONDON MARKETS. London, Mareh 8. Copper—Spot, £64 16s 9d; three months, £65 lis 3d; electrolytic, £67 10s. Tin. —Spot, £192 ss; three months, £IBB 10s. Lead, £ls 15s. Spelter, £26 10s. Iron, 503 3d. Sugar.—German 15s 4d, first marks 17s lid. Bradford wool. —Firm, business limited. Cheese.—Very firm; strong consumptive demand owing to its cheapness as compared with meat. New Zealand, 73s to 745. Wheat.—Dull. Buyers are awaiting developments and cargoes are being firmly 39s 3d is asked for South Australian 'off coast, 37s fid is offered for February shipment, and 37s 3d for New South Wales loading: 37s is being offered for Australian FebruaryMarch, and 3fis 3d for parcels nf Australian May-April shipment. Australian spot 40s. New Zealand 38s fid. Flour.—There is a quiet demand. Australian 26s 6d ex store, New Zealand 25s fid. Oats.—Firm. For La Plata MarchApril shipment 17s 3d is offered. Beans., and. peas are quiet and unchanged. Butter—Depressed owing to the strike. Retailers are nervous and keep-

ing their stocks to the lowest level. Banish 135s to 138s, choicest Australian 122s to 1245, New Zealand 125s to 1275. The quality of many Australian lots is •unsatisfactory.