COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 254, 17 March 1913, Page 3

COMMERCIAL.

BANK OF EXGLAXO BETLKXS. Hy Cable- Press Association- Copyright. London, March 14. The Bank of England returns for the week" ending Wednesday last arc as follows: Gold Coin, £30.500,0(10. Reserve. £27,915,000. Xotc circulation, £27,950.000. I'lililie deposits, £20.700.000. Other deposits, £40,531,000. Government securities, £13,034,000. Other securities. £44.043,000. Proportion of reserve to liabilities, 41.47. THE MONEY MARKET. Bank rate. 5 per cent.; short loans, 4% per cent.; three months bills, 4 15-10 per cent.; Paris, 3% per cent.; Berlin, 0 per cent. LOXDOX MARKETS. London, March 14. Copper—Spot £O4 7s 6il, three months £65 ss. Tin.—Spot £2OO, three monthj £2OO. Lead, £ls 13s Od. Spelter. £24 10s. Iron, 00s 3d. Sugar—German 10s Id. first marks 12s 4d. Bradford Wool.—Unchanged. At the London salea the following were the prices realised for the fleece portions of the clips named:—Leslie Hill, top price 14V s d. average 14y 8 d; Avondale, 13M>d and 12% d; Ngatapa, 12d and ll%d; Aklunie. 13'/,d and 12</ s d. Wheat.—Quiet and unchanged; Australian spot is in small supply with a fair enquiry; 41s to 41s 6d is being asked. Xcw Zealand scarce; longberry 39s to 40s. Stocks are small. Australian patents 28s 3d ex store. Oats. —Xeglected. A Cartons 25s to 25s Od: La Plata March-April shipment, 15s 7%d. Beans.—Firm. Old Xew Zealand shipment 3!)s Od to 41s. Peas.—Quiet and firm. Xew Zealand 30s to 41s Od. ' Butter.—Quiet, steady and unchanged. There is a good demand for choicest, but secondaries are difficult to sell. Xew Zealand, firm; sellers are trying to get 2s in advance of the present prices, but it is unobtainable. Cheese.—Firm and unchanged. Wool.—lt was a good sale. Merinos were unchanged. Shabby sorts were irregular, but there was strong competition for crossbreds. Kauri (iinn. —140 packages were offered and 23 sold. Prices unchanged. Silver, 2G 3-10 d per ounce. The Xew Zealand Loan & Mercantile Agency Company have received the following cablegram from their London house under date March 13, li>l3—Sheepskins : Merino and coarse crossbred sheepskins are %d dearer. Fine crossbred sheepskins and medium crossbred ', sheepskins arc slightly lower in price, j The Xew Zealand Loan and Mercantile Agency Co., Ltd., have received the.following cable from their London house under date 12th inst.:— Tallow—We quote present spot values for the following descriptions: Hood mutton 30s 3d per cwt., good beef :1.55. mixed 335. Mutton—The market is easier. Wheat—We have sold at 37s Od, c.i.f., an Australian cargo. The market is quiet but steady, owing to increased supplies. The Argentine outlook is discouraging.