COMMERCIAL.

Taranaki Daily News, Volume LVI, Issue 284, 4 May 1914, Page 7

COMMERCIAL.

BANK OV ENGLAND RETURNS. By Cable—Press Association—Copyright London, May 1. The Bank of England returns for the week ending Wednesday last are as follow: — Gold coin, £35,1'51,000. Reserve, £26,388,000. Note circulation, £26,577,000. Public deposits, £19,020,000. Other deposits, £43,172,000. Government securities, £11,047,000. Otflier securities, £42,463,000. Pro]iortion of reserve to liabilities, 42.37. THE MONEY MARKET. Bank rate, 3 per cent. Short loans, 2 l / 4 per cent. Three months' bills., 2 1-10 per cent. Paris, 2% per cent. Berlin, 2% per cent. GOVERNMENT SECURITIES. The following are the latest quotations for Government securities: — 2'/ 2 per cent. Consols, £75 10s; rise of 10s. 4 per cent. New South Wales, £103; unchanged. 3% per cent. Now South Wales, £100; unchanged. 3 per cent, New South Wales, £B6; untilianged. 4 per cent. Victoria, £102; unchanged. 3'/ 3 per cent.jVictoria, £96; unchanged. 3 per cent. Victoria, £81; unchanged. 3>/ 2 per cent. South Australia, £93; unchanged. 3 per cent. South Australia, £74; unclianged. 4 per cent. Queensland, £101; unchanged. 3'/ 2 per cent. Queensland, £97; unchanged. 3 per cent. Queensland, £81; unchanged. 4 per cent. New Zealand, £100; michanged. V/ s per cent. New Zealand, £92; unchanged. J 3 per cent. New Zealand, £B2; unchanged. 3'/ 2 per cent. Tasmania, £92; unchanged. 3 per cent. Tasmania, £S2; unchanged. 3</ 2 per cent. West Australia, £92; unchanged. 3 per cent. West Australia, £80; unchanged. LONDON MARKETS.

London, May 1. Copper—Spot £64 10s. Tin—Spot £156 15s, three months £l5B 15s. Pig-iron, 51s M. Load, £lB 10s. Spelter, £2l 10s. Sugar—German 9s 4d, first marks lis 4d.

Bradford Wool. —Unchanged; merinos hardening. The tone is confident, but business is limited. The following prices were realised for the fleece portions <>f tlie clips named:—JC, top price' lad, average ll%d; Stonyhurst, Is'/ 2 d and M'/jd; Ruanmi, 13d and ll%d; To Kengi, U>/-A and 10% d; Panikau, ll</.d and lid.

Wheat—Steady; Australian spot, 3Ss Gd. v Flour—Quiet and steady; Australian patents, ex store. 265.. Oats—Firm and quiet; La Plata, April-May, 14s M. Peas and , beans —Firm and unchanged.

Butter—Dull, with poor demand. Colonial unchanged, but tending to be easier as European supplies increase. Danish, weak at Ills to 1133. Cheese —Quiet: Xew Zealand white 01s to 655,' colored 63a to 64s 6d. Bacon —Quiet; Australian Cumberland's 60s to 61s. XEWTON KING'S WEEKLY REPORT.

At Waiwakiiilio Yards on Friday, 24th ult. T had a full yarding of cattle with sevor,al pens of sheep. Competition throughout was good, especially for the .sheep, all of these being sold at the ■hammer. Most of the cattle were cleared during the day at the following pi-ices:—Weaner.Jersey heifers (exceptionally nice lines), £1 15s to £2 5s fid; grade weaner heifers, £1 Os Od to £1 ss; weaner steers, ,-£1 lis to £2 2s (id for good stuff; weedy sorts, 18s to £1; mixed weaners, £l*49 fid to £1 lfis; in calf 20-month heifers, £3 12s to £4 10s for a quality line of Jersey.-* on small side: empty 20-month heifers, £2 10s fid to £3 6s fid; 2%-year 'steers, £5 8s; springing heifers, £5 17s 6d; dairy eows. £0 15s to £8; 18 to 20-month steers, £3 5s (to £3 !)s for fair lines, and £1 IDs (id and £2 for Jerseys; fat eows, £7 14s for one line of heavy cows; and from £5 15s to £6 12s for others; good conditioned cows with some frame at from £4 4s fid to £5 4.5; other good forward cows showing calf at from £3 Is to £3 IDs; light empty eows, £2 17s to £3 (is: aged cows, £1 12s to £2 8s (id; heavy-weight (mils, £0 15s to £S 17s (id; small do. £3 Is to £4; aged ewes, 6s 9d; f.m. ewes, 10s 4d; good lambs, lis and Us 2d; nice pen of forward 2-tootli wethers, 17s. At Douglas on Monday, 27th ult., T had a good yarding, practically everything being cleared at the hammer as follows: Weaner heifers, £1 4s to £1 9s: weaner steers. £1 14s; mixed weaners, £1 to £1 10s; in calf heifers. £3 15s: empty heifers, £2 12s to £2 14s: IS-month steers, £3 13s; 2'/ 2 -year steers. £5 Is to £5 ss; bulls, £2 10s to £5 2s (id; small store eows or aged, £2 2s (id te £3 i)s; cows with condition, £4 to £5; small fat cows £5 8s; heavy fat cows, £(i lis; lambs, 10s to lis: small do. 7s lid 'to 8s 3d; f.m. ewes in lamb, 12s Id; f.m. rams, 5s id. ■On Tuesday, 28th ult. at the. Stratford Yards, for my fortnightly sale, 1 had a verv ihcavv entry, fully 2000 head of cattle'and about 1800 sheep being penned. There was a very representative attendance of buyers from all parts of the district, making good competition for most lines. All the sheep oil'ered were cleared either at tilt; hammer .or privately. T had a good enquiry for young cows for the back country. There appears to be quite an improved tone on the weaner heifer market, as F was able to sell several hundred head of llie.se. Weaner -steers, were net. yarded in big numbers, and the majority were only fair sorts, but notwithstanding, sold very readily, flood condition)-* cows cased a little, and vendors must remember now that feed is shortening. I supply prices; Coloured wearier heifers. £1 Kis (id to £2 0s fid; good grade heifers, £1 5s to £b 10s: smaller! £1: weaner steers (quality not too good), £1 7s to £1 12s; weedy, 17s to CI 2s; - mixed weaners, 17s to £1 7s (id: in calf IK-iuonth to 2-year heifers, nice lines, C 3 Ills to £4; empty lSsmouth heifers. £2 12s to £2 Kis; good coloured line of <(; well grown 20-month steers. £4 4s; small steers, £2 18s to £3 7>: cows and calves, £4 12s to £5 ss; 2 l / r ,yea,r steers £5 to £'s 10s; heavy bulls, £« i(!s tc £7 10s; smaller bulls, £2 lis (id to £•) 1 lis:-fat eows. £6 3s to C 7 os; small

fat cows, ,£."> 8s to £.i 13s; forward cows, £4 7s (id to £5 Is; good store cows, £3 12s to £4 2s (id; light framed empty cows, £2 13s Gd to £3 9s; aged cows* £1 lis to £2 7s; very choice Jersey springing heifers, £11; 4-tooth ewes in Jamb, lfls; fat ewes, 10s; mixed age ewes in lamb, 14s M to 15s; forward ewes, 14s 9(1; small 2-tooth ewes, lis lid; cull ewes, 9s id. On Wednesday, 29th ult, in my Stony River Yards, I had just a fair entry, of which I was able to clear the whole yiiTding with the exception of one pen, iib follows:—Weaner steers (fair), £1 6s to £1 15s fid; weaner heifers, £1 0s fid to £1 fl» fid; mixed weaners, 19s to £1 15s 6d; in calf heifers, £2 18s to £3 15s; cows and calves, £5 ISs; springing cows, £5 5s to £7 ss; rough 15-month steers, £2 10s 1 and £2 15s; bulls, £4 10s; heavy fat cows, £7 3s; small fat cows, £5 10s to £5 17s; good conditioned cows, £3 15s to £4 Ms; store cows, £2 lfis to £3 7s; aged' cows, £1 16s to £2 9s; f.m. ewes, 10s,; fat and forward 2-to'oth wethers, 17s lid.

On Thursday, ait Ornata for Mr A. Matthews' clearing sale, there was_ a large attendance and keen competition throughout. The best daily cows sold at from £6 to £B, other, £4 15s to £5 10s; empty cow, £3 4s fid; bull, £3 15s; springing heifers, £6 10s to £6 17s 6d; breeding sows, £2 2s fid to £3 2s fid; goats, 14s; fat lambs-, lfis Od; slip pigs, 10s to lis. Private sales for the week are ns follows:—Weaner steers, £1 10s to £1 15s fid; 18-month steers, £3 15s 6d to £3 17s fid; 2V 2 -yea.r steers, £5 7s 6d; 3Mi-year bullocks, £7; store cows, £3 14s;'forward cows £5 to £10; fat cows, £6 5s to £7 2s 6d>; fat ,bullocks, £ll 10s; fat 2>/o-yeai' bullocks, £8 10s>; fat lambs, 13s; fat and forward ewes, 15s to lfis 3d; ewes in lamb, 13s fid to 16s; lambs, 12s 9d for a line of tops, lis l and lis Gd for good, and from 7s to 9s fid for fair stuff; field of turnips at £3 10s per acre.