COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 125, 14 October 1912, Page 3

COMMERCIAL.

, BANK OP ENGLAND RETURNS. By Cable—Press Association—Copyright. LODON, October 12. The Bank of England 'returns for the week ending Wednesday last are as follow: Gold coin, £36,418,000. Reserve, £27,193,000. Note circulation, £29,171,000. Public deposits, £10,375,000. 'Other deposits, £45,298,000. Government securities, £13,338,000. Other 'securities, £32,856,000. Proportion of reserves to liabilities, 48.84. THE MONEY MARKET. Bank .rate, 4 per cent.; short loans, 2 per cent.; three months' bills, 3 15-16 per cent.; Paris, 3 per cent.; Berlin, 4V a per cent. GOVERNMENT SECURITIES. The following are the latest <\uoI tations for Government securities:— 2per cent. Consols, £74; unchanged. 4 per cent. New South Wales, £10S; uh- ] changed. * 3% per cent. New South Wales, £94 10s; fall of £2 10s. 3 per cent. New South Wales, £B4; fall of 10s. 4 per cent. Victoria, £IOO 10s; unchanged. 3V 2 per cent. Victoria, £95; unchanged. 3 per cent. Victoria, £81; unchanged. 3Ms per cent. South Australia, £94; unchanged. 3 per cent. South Australia, £7B, fall of £l. 4 per cent. Queensland, £101; unchanged. 3% per cent. Queensland, £92; fall of £2 10s. 3 per cent. Queensland, £80; fall of £l. . 4 per cent. New Zealand, £101; unchanged. 3 ] / 2 per cent. New Zealand, £93; unchanged. < 3 per cent. New Zealand, £B2; unchanged. 3 y 3 per cent. Tasmania; £92; fall of 10s.

3 percent. Tasmania; £B4; unchanged 3y> per cent. West Australia, £93; unchanged. 3 per cent. W T est Australia, £SO; unchanged.

LONDON MARKETS. Wool.—Sold for Home use 82,000 bales, for the Continent 84,000, United States 6000, held over 7000. There was the keenest competition for all classes; merinos closed' V/ s per cent, above the July prices. Shafty combings often realised fancy prices. Fine crossbrocte fully maintained the July rates; medium coarse advanced 10 per cent.; medium slipes y>d to Id; coarse Id to iy 2 d; merino lambs 5 per cent.; crossbred 7y 2 to 10 per cent. The following are prices realised for fleece portions'of the clips named:—Rcdcliffe top price, 10y,d', average 10% d; Aotea ]iy>d, 10% d; Dariih and Kuriheka 13y 2 d, 13d. Rabbit skins. Messrs. Annings report that the rabbit skins sales closed firm and full. Butter.—There ihas been rather a better inquiry for stored Colonials, at prices nominally unchanged. Best available 114s to 116&. The Bradford wool market is strong, with a hardening tendency. Wheat.—The market is pausing, awaiting developments. Cargoes are very Arm, 3d to fid dearer. A four ports sailer Jan-uary-February shipment i* offered at 395; an Australian cargo sold at 40s 6d. There is small inquiry for Australian spot at 42s to 465. New Zealand, good long berry 39s to 39s Od; inferior 34s upwards.' Flour.- Slotf"; Australian spot, 27s to 27s 6d. Oats. —Quiet; "A" Cartons spot 275; sparrow-bills 2(is Cd; La Plata JanuaryFebruary 17s iy,d. Beans. Firm; New Zealand spot 38s Od. Peas.—-Quiet and firm; best New Zealand maples, October shipment, 41s c.i.f.; Tasmanian 40s Od. Silver is quoted at 29d per oz. THE GRAIN MARKET. The Xew Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London house under date' October 9: — Wheat —We quote 395, c.i.f., for an Australian parcel. The market is firm, with a fair demand. Owing to the political situation the outlook is uncertain for Continental market prospects. Oats —We quote 25s Cd. The market is firm, with a good demand.