COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 185, 23 December 1912, Page 7

COMMERCIAL.

THE LONDON MARKETS.

|By Cable—Press Association—Copyright. London, December 20. Wheat.—Quieter; Australian new crip is being freely offered. An Australian cargo sold at 38s; 14,000 quarters of Now South Wales December-January shipment sold at 37s 4 ] / 2 d. For JanuaryFebruary shipment 37s 3d is being asked; for February-March 375, and for March-April 30s 10y 2 d. Liverpool fu tures: Deceniber 88% cents, March 88% cents. There is small retail trade. Australian spot 38s to 40s, New Zealand 38s to 30s. Flour.—Dull; Australian spot 28s. Oats.—Fiat, owing to the large arrivals. There is a fair inquiry for finest "A" gartons at 20s 6d, but other lines are neglected. Beahs.—Firm; New Zealand 39s Od to 40s ex-store. Peas.—Neglected; there is no sale: Butter.—Quiet; Danish is unaltered. Choicest Australian 114s to 116s, secondaries 108s to 112s; New Zealand 120s to 1225, a few sales at 1235. Cheese.—Firm; New Zealand white 01s to 02s, coloured 02s to 03s. Copper.—Spot £74 Ss 9d, three months £75 lis 3d; electrolytic, £Bl ss. Tin—Spot £220 10s, three months £227. \ Spelter, £26 7s Od. Sugar.—German 9s Od, first marks lis 7d. Bradford wool.—The market is quiet and unchanged.

London, December 21. Copra is firm. South Sea bags, £2O. Cotton.—December-January, 6.86 d. Hemp is slow of sale, but steady. Jan-uary-March shipments £33 15s. Rubber, 4s fid. Wheat is quiet. There is a holiday tone, and it is quoted at 37s 4 1 / 2 d for an Australian December shipment. 30s is asked for six parcels afloat. Tin Plates.—£ls 3s to £1 ! 0 3s. • Iron Bars—£lßo; angle steel, £140; tram rails, £116; wire netting, £55. BANK OF ENGLAND RETURNS. London, December 20. • The Bank'of England returns for the week ending Wednesday last are afi follow: • ~ Gold coin, £31,400,000.. Reserve, £22,170,000. ■■ Note circulation, £28,754,000. . Public deposits, £11.301,000. Other deposits; £40,241.000. Government securities, £13,025,000. Other securities, .£34,157,000. , Proportion of reserve to liabilities, i' 49.98. I . THE MONEY MARKET. Batik rate"; 5 per cent.; short loans, 414 per Cent.; three months' bills, 5 per cent.; Paris, 3% per cent.; Berlin, 6 per cent. ■■-■'■■ •'■' GOVERNMENT SECURITIES. The following are the latest quotations for' Government securities:— 2% per cent. Consols, £74 7e 6d; fall of ss. " ' '■ 4 per cent. New South Wales, £101; fajl. of,£l. .--.-.,- .... ... .. ~ ■■3% per cent; New South 'Wales, £9O; fall of £l. ■ 3 per.cent.. New. South Wales, £B4; unchanged. 4 per cent, Victoria, £100; unchanged. 3y 3 per cent. Victoria, £94; unchanged. '

S per cent, Victoria, £7B; unchanged. 3'y 2 per cent. South Australia, £93; xmchanged. ...... ! "3 per cent. South Australia, £76 j unchanged. ' ' • 4 per cent/Queensland, £100; unchanged. ' ' ' •' : " : '" ' _

3y 2 per . «pnt. Queensland;' M: ' \m'changed. ' ,

3 per cent. Queensland, £7O; unchanged. •■■ ■ ■;•■' ,'" r . : ■'"• ' :;: '"4-' per cent New Zealand. £101; fall of £l. •' ■ '' -':'&& pel-cent. New; Zealand, £9l; unchanged. : '' '•'.3 per cent. New Zealand, £B4; unchanged. ', ' ■"'

V/ z per cent.'Tasmania, £9l; unchanged. ''"' . 3 per cent. ;T)t,ynahia, £83.; unchanged. V/o -per cent.'West' Australia, £92; unchanged. 3 per cent. West Australia, £B3 10s; unchanged. , N.Z. LOAN & MERCANTILE CO.'S RETORT. / The New Zealand Loan and Mercantile Agency Co., Ltd. and Reduced (Stratford branch) report as follows: On Tuesday, 17th inst., we held our usual fortnightly sale in our Stratford yards, when there was, a fair yarding, the whole being sold either at the hanil mer or afforwards. We quote prices as follows:—Store cows, old and low in condition, 37s 6d to 57s 6d; good store cows!' 62s to ! 82s; forward to fat cows, ! 90s to 128s 6d; hulls, 38s to 1.355;. 2 to 2%-year stcers.Bls.6d,to 100s; 15 to 18months steers, from. 47s,for small cattle, to 67s Cd for, gp.od .strong cattle; 15monlhs; Shorthorn heifers, 57s 6d to 75s 6d; Je'rscy-Holstein heifers, 81s to 95s 6d; springing heifers, 110s to 130s; dairy c0w5,..1405. . , During the .week we have disposed of a fair, number of cattle and sheep at full 1 market values, prices being as follows: ITwo'tp steers, 95s to ; 102s 6'd; 2-year, cijipty .heifers, 85s to 9.7s 6d; 15 to 18-mohths empty heifers, s?* 6d for poor Shorthorn sorts, t0.67s 6di for good

strong cattle; 18-months steers, 50s for poor-conditioned cattle to 78s for really good well-grown stuff; Jersey bulls, 120s to 140s; hoggets (shorn) 10s to 14s; hoggets in wool, lGs; 2-tooth wethers, 13s to 14s 6d; 4 and 5-year ewes, ex shears, forward delivery, lis 3d; ewes and lambs, 20s 9d to 235; fat ewes, 15s 6d; lambs for forward delivery] 10s to Hk«d.