COMMERCIAL.

Taranaki Daily News, Volume LVI, Issue 189, 9 February 1914, Page 3

COMMERCIAL.

BANK OF ENGLAND RETURNS. By Ciible—Press Association—Copyright London, February C. The Bank of England returns for the week ending Wednesday last arc as follow: Gold coin, £-12,302,000, Reserve, £33,300,000. Note circulation, ,€28,430,000. Public deposits, £10,722,000. Other deposits, £sl, 704,000. Government securities, £11,205,000. Proportion of reserve to liabilities, 53,30. THE MONEY MARKET. Bank rate, 3 per cent. Short loans, \'/ i per cent. Three months' bills 1 5-1(1 per cent. Paris, 2% per cent. Berlin, 3'/ s per cent. WELLINGTON WOOL SALES. ADVANCE IX PRICES. By Telegraph—Pres? Association. Wellington, Saturday. : At the third wool sale held this season there was an offering of 21,000 bales. Competition was very keen for all lots offered, Continental buyers being especially keen in their demand for the rough and heavy-condition crossbred-., whilst Bradford kept the former, buyers right up to the mark. I'i'ices"* for a'i coarse wools and the rougher lots of medium wool ruled at '/ s d to s /4d per lb advance on last sale's rates, whilst the bright fine wools did not show any material advance. Lambs' wool was in very strong demand, and for lost lots prices ruled up to 11 %d per lb, Pieces and bellies were heavier in condition and therefore did not participate in the appreciation of values. The following is the range of prices compared with tho.e ruling at the sale on .January 21: — Merino super, 12'/id; merino, January it'/vd to 10'/ a d, February fl'/,d to lfl'/ad; Halfbred super, January 11U to U%d, February, none offering; halfked medium O'/jd to 10% d and !>'/ 2 d to lid; crossbred super. 10d to 10% d and 10'/,<l to 11 Vi<l; crossbred medium, 1)d to 10VV1 and o'/ 2 d to crossbred coarse, R'/ S <l to 9%d and B%d to lOd; crossbred inferior, 7%d to S'/ 2 d and Sd lo fl'/id; pieces and bellies, .j'/jd to 7K.d and (i'/vi : to S'/id; halfbred pieces and "bellies, G'/ ; .d to S'/sjd and (i'/od to B%d; locks, 3'/i;d lo .V/Jd and 4d to s'/ 2 d; lambs, good to super, 10% d to ll%d and lid to 12yd; j medium, 9d to lOyid and.fly.jd to lO'/id; inferior, Sd to B%d and 4%d to S'«d.