COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 143, 4 November 1912, Page 3

COMMERCIAL.

BANK OP EX( : ; LAND RETURNS.

By Cable—Press Association—Copyright,,

Lonoon, November 1

The Bank of England returns for the week ending Wednesday last are as follow:—■ Gold coin, £35,902,000. Reserve, £27,198,000. Note, circulation, £28,599,000. Public deposits, £11,751,000. Other deposits, £45,245,000. Government securities, £13,038,000. Oilier securities, £34,533,000. Proportion of reserve to liabilities, 47.70..

THE MuNEY .MARKET.

Bank rate, 5 per cent.; short loans, 4% P«' cent.; three months' bills, 5 per cent.; Paris, 3% per cent.; Berlin, 4% per cent.. GOVERNMENT SECURITIES.

2% per cent. Consols, £73 15s; rise of 15s.

4 pe,r cent. New South Wales, £103; unchanged. 3y 2 per cent. New South Wales, £9l; unchanged. • 3 per cent, New South Wales, £B4; unchanged. 4 per cent. Victoria, £IOO 10s;.unchanged. 3 1 /, per cent. Victoria, £9O; unchanged. j 3 per'cent. Victoria, £79; fall of £l. 3y 2 per cent. South Australia, £93; j unchanged. 3 per, cent. South Australia, £7B; unchanged. 4 per cent. Queensland, £101; unckanged. 3 ] /o per cent. Queensland, £92; unchanged. 3 per cent. Queensland, £80; unchanged. 4 per cent. New Zealand, £101; unchanged. 3y 2 per cent. New Zealand, £93; unchanged. 3 per cent. New Zealand, £B2; unchanged. 3 1 /, per cent. Tasmania, £92; unchanged. 3 per cent. Tasmania, £B4; unchanged. 3'/s per cent. West Australia, £93; unchanged. 3y» per cent. West Australia, £93; unchanged. 3 per cent. West Australia, £B4; rise of £4. LONDON MARKETS. London, November 1. Copfter, £75 2s fid to £75 15s. Iron, 675. Lead, £ ID. Wolfram, £3l os. Sugar—German 9s 4d, first marks lis «d. The Bradford wool market is stagnant and unchanged. Sheepskins—At the sales, 5044 bundles Australia and 1157 New Zealand, were offered. There was a large attendance, and spirited competition. Nearly everything was sold. Merino combings and fine crossbreds have advanced one-eighth to one farthing; others are practically unchanged. Butter—The market is dull, with a downward tendency. The open weather is causing plentiful, supplies in England ind the Continent, especially France. A few choicest new Australian are selling at 108s to 112s. There is no enquiry for stored.

Wheat—Quiet; buyers are reserved; 38s 9d is asked for Australian JanuaryFebruary shipment, and 38s 6d for Feb-ruary-March. Liverpool futures: December 92% cents, March 91% cents. Flour—Dull and unchanged, with an easier tendency.

Oats —Dull; La Plata new crop Decem-ber-January, 17s 3d. Barley —Quiet and firm, ■

LONDON MARKETS,

Messrs Dalgety and Co., Ltd., Wellington, hav.e received the following cable from their London house, dated October 30:—Prices at the sheepskin sales are firm at the parity of closing rates of last London sales.

The Xew Zealand Loan and Mercantile Agency Co., Ltd. and Reduced, have received the following cablegram from their London house under date October 30:—

Wheat—There is very little demand. Buyers are holding off, and the outlook is discouraging. We quote per quarter c.i.f, New Zealand wheat, long-berried, 37s 3d; short-berried, 36s 9d. Oats —We quote: Gartons 24s Od, Sparrowbills '23s 9d. The market is quiet bub steady. Wool —Wool is very firm and quotations are unchanged srnce our last advices.