COMMERCIAL.

Taranaki Daily News, Volume LVI, Issue 219, 16 March 1914, Page 3

COMMERCIAL.

BANK OF ENGLAND RETURNS. • ' By Cable—Press Association—Copyright J London, March 13. I The Bank of England returns for the I week ending Wednesday last are as follow: I Gold coin, £40,171,000. Reserve, £31,855,000. • Note circulation, £28,238,05(1 Public deposits, £24,943,000. Other deposits, £39,922,000. Government securities, £11,153,000. Other securities, £40,116,000. Proportion of reserve to liabilities, 49.09. THE MONEY MARKET. Bank rate, 3 per cent. Short loans, 2</ 2 per cent. Three months' bills, 2 5-16 per cent. Paris, 2'/j per cent. Berlin, 3'/ 2 per cent. GOVERNMENT SECURITIES. The following are the latest quotations for Government securities:—. V/ z per cent Consols, £75; unchanged. 4 per cent New South Wales, £103; unchanged. 3'/ 2 per cent. New South Wales, £99 10s, unchanged. 3 per cent. New South Wales £3O; unchanged. 4 per cent. Victoria £102; unchanged. 3% per cent. Victoria, £96; unchanged. " 3 per cent. Victoria, £81; unchanged. 3'/ a per cent. South Australia, £93; unchanged. 3 per cent. South Australia, £75; unchanged. 4 per cent. Queensland, £101; unchanged. 3'/ 2 per cent. Queensland, £96; unchanged. 3 per cent. Queensland, £81; unchanged. 3'/ 2 per cent. New Zealand, £92; unchanged. 3 per cent. New Zealand. £B2; unchanged.

3'/ 2 per cent Tasmania, £92; unchanged. 3 per cent. Tasmania, £B2; unchanged. 3'/ 2 per cent. West Australia, £93; unchanged. 3 per cent. West Australia, £80; unchanged. LONDON MARKETS. CEREALS AND PRODUCE. London, March 13. Wheat. —Dull, and tending in buyers' favor. There is no bidding. The United States winter crop promises to be large. Australian spot is aornmally 3!)s; New Zealand is not offering. Flour. —Steady; good business in (Australian patents on shipment till April 25s Bd, spot quiet at 28s 6d. Oats.—Dull; New Zealand spot practically exhausted.

Beans.—Neglected; good New Zealand 33s 6d ex, store.

Peas.—Quiet; new crop maples, March-April shipment, 45s c.i.f. Butter. —Lifeless and buyers apathetic. Danish. 122s to 1245; Australian choicest salted 110s to 112s, unsalteft 112s to 116s, secondaries neglected owing to Siberian competition. 104s to 108s; New Zealand salted Ills to ll:ls. unsalted 114s to 116.1. Cheese.—Flat; while 62s to 635; colored, 64s to 655. UWDON WOOL SALES. At the sales the following prices were realised for the fleece portions of the clips named:-—Te Apiti, top price 13>/ 2 d, average l2'/,d; Mako, 12'/,d, and ll%d; Tokomaru 13'/ 3 d and 12J/;d. A good selection was offered and there was an animated demand for all sorts at recentrates. Bradford wool.—Business is slow; merinos linn, medium crossbreds slightly easier; 4C's 17'/><l, 40's W/ t i, others unchanged. CEREALS. The Xew Zealand Loan and Mercan tile Company. Ltd., Wellington, have received the following cablegram from their London house, under date March 11. 1!)I4: Wheat.—We have sold an Australian parcel at 30s 3d, c.i.f. The market is firm hut inactive, and the outlook is uncertain. Oats-There is a restricted demand. Gartona 21s, Sparrowhills 20s (Id: we quote per quarter e.i.f. New Newland wheat: Longberried 34s 6d, shortberrjed ;345.