COMMERCIAL.

Taranaki Daily News, Volume LIV, Issue 307, 24 June 1912, Page 7

COMMERCIAL.

BANK OF ENGLAND RETURNS. By Cable—Preae Association—Copyright. London, June 21. The Bank of England returns for the week ending Wednesday last are as follows: Gold coin, £40,360,000. Reserve, £31,384,000. Note circulation, £28,576,000. Public deposits, £23,381,000. Other deposits, £40,527,000. Government securities, £13,894,000. Other securities, £36,378,000. Proportion of reserve to liabilities, 49.00. THE MONEY MARKET. Bank rate, 3 per cent.; short loans, 2% per cent.; three months' bills, 2 15-16 per cent.; Paris, 2% per cent.; Berlin, 4% per cent. GOVERNMENT SECURITIES. The following are the latest quotations for Government securities:— 2y z per cent. Consols, £7O 7s Od; fall of 15s. 4 per cent. New South Wales, £103; unchanged. 3y» per cent. New South Wales, £9B 10s; unchanged. 3 per cent. New South Wales, £BS 10s; fall of 10,s. 4 per cent. Victoria, £IOO 10s; unchanged. 3'/o per cent. Victoria, £96; unchanged. 3 per cent. Victoria, £B2 10s; fall of 103. 3% per cent. South Australia, £95; fall of £l. 3 per cent. South Australia, £BO 10s; rise of £l. 4 per cent. Queensland, £IOO 10s; unchanged. 3% per cent. Queensland, £95 10s; unchanged. 3 per cent. Queensland, £B4 10s; unchanged. 4 per cent. New Zealand, £102; unchanged. 3% per cent. New Zealand, £97; unchanged. 3 per cent. New Zealand, £BS 10s; unchanged. 3% per cent. Tasmania, £93 10s; unchanged. 3 per cent. Tasmania, £B4; unchanged. „ 3 1 / 3 per cent. West Australia, £94 10s; unchanged. 3 per cent. West Australia, £B6; unchanged.

LONDON MARKETS. London, June 21. Wheat.—The markets are steady and quiet; buyers are pausing owing to the liberal shipments and the arrival of 130 cargoes off the coast. English millers anticipate that they will be able to supply the requirements with White Kurrachee, which is the cheapest in the world, and leave the Australian wheat to the French buyers. Two Australian cargoes sold at 42s 9d and 41s Gd respectively. Holders are asking 40s for a South Australian June shipment. There are good supplies of spot. Owing to the strike quotations are nominal. Australian 41s 6d. Flour.—Quiet; 27s 9d to 28s 3d on spot; 26s 6d is asked for a June shipment. Oats. —Finn; 23s Gd is being asked for "A" Gartons; foT June La Plata and Mar-June shipments 16s fid is being asked. Butter.- Dull and easier; Danish 118s to 120s. There is little demand for colonial; choicest Australian, lOfis to 108s, secondary 102s to 104s; New Zealand, 112s to 114s. Supplies of Home and Siberian are plentiful. Cheese.—Quiet; New Zealand "white 71s to 725. colored 72s to 735. Copper, £79 lo.s to £80; electrolytic £B2. Tin, £207 down to £197. Lead, £l7 18s 9d. Iron, 555. Spelter, £26. Sugar.—German, lis 9d; first marks, 15s 4d. Bradford Wool.—Strong and unchanged. Peninsular shares, £330. AUSTRALIAN MARKETS. Melbourne, June 21. Wheat, 4s 3d. Flour, £9 ss. Pollard, £7. Oats—Algerian, feeding 3s 4d to 3s 6d, seeding 4s; Gartons, 3s 3%d to 3s 4V a d; Sparrowbills, 3s 3%d to 3s 3d: Danish. 3s 3d. Maize, 3s lOd to 4s sd. Chaff, £5 5s to £5 15s. Potatoes, £7 to £8 15s. Onions, £ll 5s to £ll 10s.