COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 206, 20 January 1913, Page 3

COMMERCIAL.

BANK OF EX;;i,.\xn RETI'HXS. By Cable—Press .'., .;,•!;■ ii,.M Copyright. London, January 17. The Bank of England returns for the week ending Wednesday last are as follow: Gold coin, £34,262,000. Reserve, £25,045,000. Note circulation, £28,079,000. Public deposits, £10,089,000. Other deposits, £41,485,000. Government securities. £13.03,1000. Other securities. £31.577,000. Proportion of reserve to liabilities, 40.10. ■ ■ ' ' THE MONEY MARKET. Bank rate, 5 per tent.; short loans, 3% per cent.; three months' bills, 4% per cent.; Paris,- 3% per cent.; Berlin, 4% per cent. 1 GOVERNMENT SECURITIES. The following are the - latest quotations for Government securities:— 2% per cent. Consols. £74 17s Gd; rise of 7s Od. 4 per cent. New South Wales, £101; unchanged. V/., per cent. New South Wales, £B4; unchanged. 4 per cent. Victoria. £103; unchanged. 3% per cent. Vctoria, £93 2s Od; unchanged. 3 per cent. New South Wales, £B4, unI changed. I 3 per cent, Victoria. £7B; unchanged. I 3% per cent. South Australia, £93; j unchanged. j 3 per cent. South Australia, £7O; un--1 changed. ', 4 per cent. Queensland. £101; unehang- | ed. ! 3% per cent. Queensland, £94; unchanged. 3 per cent. Queensland. £79; unchanged. 4 per cent. New Zealand. £101; unchanged. 3% per cent. New Zealand, £9l; unchanged. 3 per cent. New Zealand, £SO; unchanged. 3 1 /, per cent. Tasmania, £9l; unchanged. 3 per cent. Tasmania. £B3; unchanged--3% per cent. West Australia. £9l; unchanged. 3 per cent. West Australia, £B4; unchanged, LONDON MARKETS. London. January 17. Cheese is steady. New Zealand is quoted at 00s. Holders are firm. Copper, £7O 5s to £7O 17s fld; electrolytic £77. Tin.—Spot £227 .10*. three months £226. Lead, £lO 18s 3d; imports 1.1322 tons, exports 4047 tons. Spelter, £26 ss. Iron, 65s Bd. •Sugar.—German 9s 2d, first marks lis Od. Bradford Wool.—Business is limited;.' 64's 29d, super 28%(1. common fiO's 27y 2 d, I 50's 23d, 50's 2iy 2 d, 40's 10% d, 40's \~i\'.A. At the London wool sales the Gear clip brought top' price 13d. average 12'/ s d. Wheat.—Firm, with a hardening tendency, and a fair demand for cargoes. One sold at 38s 3d. Victorian JanuaryFebruary is quoted at 3Ss. Liverpool futures: March 98% cents. May 88 cents, July 87% cents. There is good inquiry for Australian spot, and.there have-been considerable sales at 39s to 39s 3d. New Zealand sold freely at 30s to 375. Flour. —Quiet; spot ,27s Oil; new patents January-February were offered at 275, c.i.f. Oats.—Quiet; A garton? 25s to 26s 3d; sparrow-bills 22s 3d to 24s 9d; La Plata January-February Lis Od. Beans.—Active: New Zealand 39s Od to 405. Peas.—Dull; spot uncha'nged. On passage a parcel f.a.ci. sold, at 37s 6d. Butter.—Very dull, and unchanged. DUNEDIN WOOL SALES. By Telegraph—Press Association. Dnnediii, Saturday. For the second wool sale of tlie season,, to be held on Tuesday, 2C.550 bales have been catalogued, a record entry. The number of bales forward for the second sale last vear was 21.225. in 1911 22,139 and in 1910 24.176.

LOAN & MERCANTILE CO.'S REPORT. The New Zealand Loon and Mercantile S Agency Co., Ltd. and Reduced (Stratford blanch), report as follows: On Tuesday, 14th inst, we held our usual fortnightly sale in our Stratford yards, when there was a full yarding and a large attendance of buyers, bidding on all cattle yarded' being exceptionally - keen. We quote prices as follows: Mixed weaners 25s to 31s Gd, Shorthorn weaner heifers 30s to 325, Jersey and Holstoin heifers up to 37s .fid, 15 to 18months steers s!)s to 84s. for well-grown cattle; yearlings to Ifi-months empty heifers 55s to 72s fid. for Shorthorn sorts; colored heifers, up to 87s fid; 2-ycar heifers, showing .Tersey-Holstcin strains, up to 110s; 2 to 2'/ r year steers, 85s to 05s; springing heifers, 105s; store cows, young and in good store condition, realised from 60s to 85s; cows, in forward and fat condition, from 100s to 1255; bulls, small. 72s'.fid to 177s Gd, fol large good-conditioned bulls. During the .week we have sold privately a large amount of stock at satisfactory prices, from which we quote as follows:—Lambs (shorn) 9s to 10s, in } wool up to lis fid. hoggets (shorn) 13s tc Ms fid. 2-tooth wethers 13s to 14s, j 4-tooth wethers 15s up to 17s Gd (for I fats), 2, 4 and 0-tooth ewes (mixed) 14s Gd, 2-tooth ewes 15s, fat ewes 14s fid, ewes and lambs 10s to 21s, weaners (mixed) 30s. 15 to 18-months steers up to 72s fid, 15 to 18-months empty heifers G7s 6d, 2 to 2 1 / ;r year steers 78s to 112s ((for good well-grown cattle). 2-year empty heifers showing .lorsey-llolstein cross are selling up to 107s Gil. 3 to V/»year bullocks 105s to 120s. Messrs. Dalgety and Company. Limited, Wellington, have been advised by cable from their London Oll'iec, under date of loth instant, as follows:—"Wool sales continue very firm. Merino wools good quality and condition and crossbred wools fine quality prices are from par to 5 per cent higher as compared with the closing rates of last series. Follower quality merino and crossbred wools prices are rather lower." Messrs. Dalgety and Company. Limited. Wellington, have been advised by cable from their London Office, under date of Kith instant, as follows:—Frozen Meat: Mutton, firm at last quotations, j New Zealand lambs ' unchanged. Beef, market steady, prices unchanged. Rabbitskins: Rabbit-kins, at the sales 2800 bales were offered. 1004 sold. For cutters, mixed winter skins and outgoing winter's, prices are lower by y,d to 1 /!.. d. For incoming winter's prices are from i/.d to Id lower. For Autumns prices are from y,d to Id lower. Light racks and kittens' unchanged. Tallow: Prices are unchanged.