COMMERCIAL.

Taranaki Daily News, Volume LIV, Issue 289, 3 June 1912, Page 5

COMMERCIAL.

LONDON MARKETS. By Cable—Press Association—Copyright, Received 2, 5.5 p.m. London, June 1. Owing to the strike it is impossible to give reliable meat quotations. Only a small business is being done. > Copra.—South Sea bags, £25. Hemp.—May-July shipments, £22 ss. Jute.—August shipments, £2O 15s. Cotton.—June-July shipments, 0.15 d. ; Rubber, 4s 7%d. / Cheese—A few lots of the Turakina'a" New Zealand shipment were marketed. There was a keen demand at 75s and 76>. Received 3, 12.30 aan. London, June 2. Wheat.—Two caTgoea of Australian cold at 395, and a third at 39s iy g d. Tallow—The stock is 4973 bales, the imports 2011 .bales, and deliveries 3050 bales. Tin.—Stocks 15.184 tons, spot 2817 tons, afloat 5514 tons, deliveries 2353 tons. BANK OP ENGLAND RETURNS. *W r ** London, May 31. The Bank of England returns for it]io week ending Wednesday last are a* follow: Gold coin. £37,880,000. Reserve, £28,858,000. 1 ' Note circulation, £28,955,000. Public deposits, £20,846,000. Other deposits, £41,209,000. Government securities, £14,155,000. Other securities, £36,485,000. Proportion of reserve to liabilities. 46.76. Bank rate, 3 per cent.; abort louM; 2% per cent.; three months' bills, 3 per cent.; Paris, 2% per cent.; Berlin, 4 per cent. Consols, 77%. Government securities—Victorian B%' per cent, stock is quoted at £97 10s, ft fall of £l. Other stocks are unchanged* LONDON MARKETS. Tin—Spot £204; three months, £I9T 10s. Tron, 54/-. Sugar—German, £l2 58 first marks. £l6 6s. The Bradford wool market is quiw and prices are unchanged. ; The New Zealand Loan and Mercant tile Agency Co., Ltd., have received tM following cablegram from their London house under day May 29: Whenjt—We have sold an Australian cargo at 39s 3d, e.i.f. There is verj little demand owing to increased Bftßi plies, and the market is not likely tot improve at present, * J