COMMERCIAL.

Taranaki Daily News, Volume LVI, Issue 213, 9 March 1914, Page 2

COMMERCIAL.

BANK OF ENGLAND KETUIiXS. London, March (1. The Bank of England returns for Iho week ending Wednesday last are as follow: — Gold coin, £40,355,000. Reserve, £31,739,000. Note circulation, £28,498,000. Public deposits, £22,441,000. Other deposits, £40,877,000. Government securities, £11,153,000. Other securities, £38,670,000. Proportion of reserve to liabilities, 50.12. THE MONEY MARKET. Bank rate, 3 per cent. Short loans, 2% per cent. Three months' bills, 2 7-10 per cent. Paris, 2'4 per cent. Berlin, 3% per cent. THE CANADIAN LOAN. London, March 0. The underwriters take 78 per cent, of the Canadian loan. LONDON MARKETS. London, March IS. Copper—Spot £O-1 7s Gil, three months .£64 17s Od, electrolytic £OO 10s. Tin.—Spot £174 12s Od, three months £l7O 7s 6d. Lead, £l9 12s Od. Pig iron, 50s 6d. Spelter, £2l 10s. Sugar—German -9s 2'/od, first marks Jls l»/ 2 d. Bradford wool.—Firm; the prices are checking business; (it's 30d, super Oil's 29i/,d, common 60's 28i/.d, 50's 24'/.il. s()'s 21d, 40's 18d, 40's 16% d. Wool.—At the sales the following prices were obtained for the fleece portion of the clips named:—Gear, top price 18d, average 13% d, Ngatara 13'/ 2 d and 12% d, Tukorongo 12y 2 d, and 12y„d. Wheat,—Dull; Australian cargoes are held for previous rates. Australian and New Zealand spot nominally unchanged. Flour.—Quiet; Australian ex store 2fis Gd. Oats.—Slow and tending to be easier. La Plata March-April 15s. Peas and beans.—Quiet and unchanged. Butter.—Steady and quiet in view of next week's heavy arrivals; Danish 123s to 12fis; colonial unchanged. Cheese.—Quiet; New Zealand white 83s Bd, colored 65s 6d.