COMMERCIAL.
BANK OF ENGLAND RETURNS. By Cable—Press Association —Copyright, London, December 20. The Bank of England returns for the week ending December 25 are as follow: Gold coin, £20,294,000. Reserve, £19,500,000. Note circulation, £29,273,000. Public Other deposits, £39,059,000. Government securities, £13,025,000. Other securities, £36,782,000. Proportion, of reserve to liabilities 37.55. THE MONEY MARKET.
Bank rate, 5 per cent.; short loans, 4 per cent.; three months' bills, 4 13-10 per cent.; Paris, 3% per cent.; Berlin. 6 per cent. Government stocks unchanged.
LONDON MARKETS. London, December 29. Copper.—Spot £76 6s 3d, three months £77 6s 3d. Tin.—Spot £228, three months £228 ss. Iron, 08s. Lead, £l6 2s fid. 'Spelter, £26 10s. Hemp. The market is quiet and steady.
Jute. December-January shipment £26.
Rubber, 4s 7%d. Copra.—Firm;" South Sea DccejnberJanuary shipment £2O 12s fid. ' Linseed oil, £25 ss. ('otton.—December-Januarv fi.9l d. Wheat.—Quiet; •Tanuarv-Februarv 37s 3d, March-April 80s lO'/od. The wheal afloat for the United Kingdom is I.S.'H).000 quarters, for the Continent 1.450.000 quarters; Atlantic shipments total 340,000 quarters, and Pacific 75.000 quarters. The total for Europe is 000.000 quarters, including Australasia 10,000 quarters.
11 roil COMMr.?STONRR'B DKPOTvT. By Telegraph—Press Association. Wellington. Monday. . following is the High Commissioner's cable under date London. December 28. fNpte: Quotations, unless otherwise specified, are average market prices on spot). General. The markets r.re quiet, and veiy little business has been done. 011 account of the holidays. 'Meat.—;Tlie prices are nominally 1111ehanged for New Zealand and Australian. nutter.--The market is about 2a lower but it is expected that a better trade will result during the next week; Danish, Siberian and Argentine are unchanged.
Cheese.—The average price for the week foi finest New Zealand cheese, white was Ms Gd. for coloured <s2s. Hemp. Jainiai-y.jjaj.eh shipment Xew Zealand good fair (nominally) £33 10s fair grade £32. The Manila market is firmer: fair current Manila on spot £33. distant £|s; the output from Manila for the weekjj amounted to 28,000
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Taranaki Daily News, Volume LV, Issue 190, 31 December 1912, Page 2
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319COMMERCIAL. Taranaki Daily News, Volume LV, Issue 190, 31 December 1912, Page 2
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