COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 179, 16 December 1912, Page 3

COMMERCIAL.

BASK OF EXGLAXD UKTUUXS. By Cubic —Press Association —Copyright. London, December 10. The Bank of England returns for the week ending Wednesday last are as follow: Cold coin, £33,570,000. Reserve, £24,322,000. Note circulation, £28,374,000. Public deoositfe, £11,208,000. Other deposits, £3!1,225,000. (lovernment securities, £13,035,000. Other swiritioi, £30.985,000. Proportion of reserve to liabilities, 48.08. THE MOXEY MARKET. Bank rate, 5 per tent.; short loans, \y., per cent.; three months' bills. 4% per cent.; Paris, 3% per cent.; Berlin, fi per cent. (IOVJuIXMEA'T SECURITIES. The following are the latest quotations for Government securities: 2% per cent. Consols. £74 12s (id; fall of 12s (id. 4 per cent. Xe-.v South Wales, £102; unchanged. 3'/ 2 per cent, Xew South Wales, £9l; ■ unchanged. 3 per cent. Xew South 'Wales, .£B4; unchanged. 4 per cent. Victoria, £100; unchanged. 3'/ 2 per cent. Victoria, £!I4; unchaiiged. 3 per cent Victoria, £7B; unchanged. 3% P' ei ' cent. South Australia. £93; unchanged. 3 per cent. South Australia, £7O; fall of £2. 4 per cent. Queensland. £100; unchanged. 3% per cent. Queensland, £O4; rise of 10s. 3 per cent. Queer,eland, £79; unchanged. 4 per cent. New Zealand, £102; unchanged. 3 x /> per cent. Xew Zealand, £9l; unchanged. 3 per cent. Xew Zealand, £B4; unchanged. V/., per 'jent. Tasmania, £9l; unchanged. 3 per cent. Tasmania, £B3; unchanged. i 3Va per tent. West Australia, £92; unchanged. 3 per cent. West Australia, £B3 10s; unchanged.

LONDON MARKETS. London, December 13. Wheat.—Cargoes are being steadily hold; 3(is Del is asked for an Australian January-February shipment. Liverpool futures: s[arch 87% cents; May .80 cents. Australian spot dull, .'!!).•*; New Zealand, 30s to 3!ta fid. Flour. —Dull, with an easier tendency; Australian, e\ store 28s 3d. Oats.—Slow; La Plata Janaury-Feb-ruary 15s 3d. Butter. —Brisk; Danish 120s to 130s. There is a good demand for colonial; choicest Australian 11 (is to 118s; a few lots of Victorian 120s. secondaries lOSfi to 114s; New Zealand practically exhausted, 120s to 1245; Siberian, 110s to 112s; Argentine, 114s to llfis. Tim market dosed slightly below the top price, owing to buyers ,having fulfilled requirements. • Cheese. —Firm: New Zealand 00s to 625. Copper. —Spot £74 13s od. three months £75 13s Od; electrolytic, £Bl. ; Tin, £22(5, Lead, £IS. Spelter £2o ss. Iron, 07s ".<l. Sutrar. —German 0s fid; first marks lis 7cl. ' I Bradford. Wool. —Merinos weak; erossbreds very Inn; fi-I's, 20d; super, 2Sd; i common 00's, 27(1. ARGENTINE MEAT EXPORTS, London, December 13. "River Phue shipments were: Mutton 221,000 carcases, lamU 01.500 caresses, frozen beef 154,500 carcases, chilled 180,500 carcases. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their Loudon house, under date lltli instant : Wheat. —We quote: 3fis fid c.i.f. Australian cargo. The market is very dull owing to buyers holding off, and the outlook is discouraging. We quote: Per quarter, c.i.f.. New Zealand wheat longberried, 34s (id, short-berried 345. Tallow. —We quote present spot values for the following descriptions: Good mutton 30s per cwt, good beef 35s fid. mixed 32s Od. The market quiet.