COMMERCIAL.

Taranaki Daily News, Volume LIV, Issue 202, 6 May 1912, Page 3

COMMERCIAL.

BANK OP ENGLAND RETURNS. By Cable—'Press Association—Copyright. . ■ ' London, May 3. The Bank of England returns for the week ending Wednesday last are as follows: Gold coin, £38,268,000. Reserve, £29,061,000. Note circulation, £29,060,000. Publio deposits, £18,048,000. Other deposits, £41,340,000. Government securities, £14,155,000. 1 Other securities, £33,977,000.Proportion of reserve to liabilities, 48.91. THE MONEY MARKET. Bank rate, 3% per cent.; short loans, 2% per cent.; three months' bills, 3 per cent.; Paris, 3 per cent.; Berlin, 3% per cent. .GOVERNMENT SECURITIES. The following are the latest quotations for Government securities:— 2y 3 per cent. Consols, £7B ss; unchanged. 4 per cent. New South Wales, £lO5 10s; unchanged.

3 J / S per cent. New South Wales, £9B 10s; unchanged. 3 per cent. New South Wales, £80;, unchanged. 4 per cent. Victoria, '.£102; unchanged. 3% per cent. Victoria, £9B 10s; unchanged. 3 per cent. Victoria, £B4'los; fall of £l.

3y 2 per cent. South Australia, .£97; unchanged. 3 per cent. South Australia, £BO 10s; unchanged. 4 per cent, Queensland,, £102; unchanged. 3% per cent. Queensland, £9O 10s; unchanged. 3 per cent. Queensland, £B4; unchanged. 4 per cent. New Zealand, £lO2 10s; unchanged-.' 3% per cent. New Zealand, £97; un-' , changed. 3 per cent. New Zealand, £BS 10s; I unchanged. 3% per cent. Tasmania, £96; unchanged. i 3 per cent. Tasmania, £BS; unchanged. 3% per cent. West Australia, £94 10s; unchanged. 3 per cent. West "Australia, £B6; unchanged. LONDON MARKETS. London, May 3. • , Copper.—Spot £69 12s Cvd, three months £7O 7s Od; electrolytic £72 15s. Tin.—Spot £2ll 10s, three months j £207 10s. Lead, £l6 10s. Spelter, £25 15s. Iron. 54s Id. Sugar—German 13s sd, first marks 16s 9d. Bradford Wool.—Very firm; business restricted; all classes have advanced one farthing. Wheat.—There is no inquiry for cargoes, though sellers are mostly willing to accept a reduction. The markets are very dull. For a South Australian February shipment 40s fid is asked; 39s 9d for an April shipment, and 40s 3d for Victorian and New South Wales February shipments are being paid; 39s 9d for March shipments, and for parcels of April-May shipment 39s is being offered. There is a little inquiry for Australian spot at 435. Flour. —Quiet.

Oats—Quiet. For a La Plata AprilMay shipment 17s 6d is being offered. Butter.—Danish, very dull, 113s to 115s. Colonial butter is slightly firmer. Choicest Australian 104s to 108s; unsalted 110s; secondaries, 110s to 102s; New Zealand, 110s to 112s; unsalted, 114s. Wool—Competition is animated, and prices are being, maintained.