COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 50, 20 July 1914, Page 5

COMMERCIAL.

BANK OF ENGLAND RETURNS. By Cable—Press Association—Copyright London, July 17. The Bank of England returns for the week ending Wednesday last are as follow: Gold coin, £38.458,000. Reserve, £29,189,000. Note circulation, £29.315.000. Public deposits, £13.319,000. Other deposits, £42,486,000. Government securities, £11,005,000. Other securities, £33,623,000. Proportion of reserve to liabilities, 52.28. ' ■ THE MONEY MARKET. (Bank rate, 3 per cent. Short loans, ]v, per cent. Three months' bills, 2% per cent. Paris, 2'/ 2 per cent. Berlin, 2% per cent. LONDON MARKETS, London, July 17. Copper—Spot £6l Is 3d, three months £6l Jls 3d; % electrolytic, £63 7s (Id. Tin—Spot £l4O 15s, three months £145 ss. I Lead, £l9 2s 6d. Spelter, £2l 6s 3d. Pig iron, 51s 4y 2 d. Sugar—German 9s 4d, first marks lis fid. Bradford wool—Very quiet; prices are unchanged. At the London wool sales the following prices were realised for the fleece portions of the New Zealand clips named:—Okare, top 10y 2 d. average dOy 8 d; G.P.D., 'l3%d and 12% d; Jo, 'lS'/jd and 12'/ g d; St. Albans, lC'/fed and 12% d; Otamata, 'l4d and 13'/ s d; Severne, lod and lS%d. Wheat—The downward tendency continues owing to the excellence of the American winter crop and despite unfavorable Continental reports. The English conditions favor a good early harvest. Australian cargoes are quieter owing to sellers holding. Australian, spot, nominally 37s «d. Flour—Little business is doing; spot B4s 9d to 25s 6d; Bellers are holding firmly. Oats—Quiet; 21s is asked and 20b offered for A Cartons, July shipment. , Beans—Little business doing; a New Zealand July shipment is worth about 33s e.i.f. Peas—Firm; 52s e.i.f. was paid for first New Zealand maples on passage to Avonmouth. ■Butter —Firmer; Danish 128s fid. There is a better enquiry for colonial. Australian, choicest salted, ddOs and Borne at 112s, fine 106s to 108, choicest unsalted ; l'l2s and some at l'l4s, fine 108s to 110s. New Zealand, unsalted, 114s to 118s. Cheese—White 65s to 65s 6d. colored 68s to 645.