COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 130, 26 October 1914, Page 2

COMMERCIAL.

BANK OF ENGLAND RETURNS. L.j cable.—rre** Abaucunoii.—<Jopyrigkt London, October 23. The Bank of England returns for the week ending Wednesday la-.t are as follow: Gold coin, £50,l!)8,O00. Reserve, £43,714,000. Note circulation, £31,790,000. Public deposits, £ I.y'IM,UOO. Other deposits, £143,0dti.000. Government securities, ij 2 1,07-1,000. Other securities, £IIM,iSS,iKH). Proportion of reserve to liabilities 27.52. Short loans, 1 1 /, per cent.; throe mouths' bills, 3 3-ib per cent. London, October 23. Pig iron, 49s 4d. Tin. —Strong; Straits for cash, is quoted a l £134 10s. American spelter. —To arrive, is quoted at £24 to £25. Granulated Sugar, 30s. Butter.—The market is quiet, and has ii slight downward ten.ii -;u-\ ; choicest new Australian is quote,l at 120s to 12Ss, and exceptionally at 130s. Cheese. —Quiet and linn; Canadian, 7Gs to 775.

Wheat. —The market is firmer, owing to the American recovery; most descriptions are 3d dearer; Australian, landed, is quoted at 47s Gd to -13s Flour. —Firm; Australian, ex store, 35s to 30s.

Barley.—Steady and unchanged. Oats. —Finn; New Zeaiaud, ex store, 2!Js to 325.

Peas.—Firm,j New Zealand maples 55s to C2».

Beans. —Steady; New Zealand 40a to 42u. Bradford Wool.—Tho market is exceedingly strong, and prices are very stiff owing to the scarcity of raw material. Prices: 64's 30'/.<l, super iiO's 20y a d, common GO's 28d, 50's 27d, 50's 24*/.d, 40's 21d, 40's lDd. SKIN AND HIDE SALE. NEWTON KING'S REPORT. On Tuesday, October 20th, at my monthly sale of the above produco I oiro.rcd to a large attendance ol buyers, the following catalogue: ~ 15 bags and 28 sacks wool, 802 hides, 5348 cai, 1720 sheepskins, 10 casks, 3 kegs, and 32 tins of tallow and the usual sundries. Competition was particularly animated, and 1 cleared practically llio whole catalogue at prices that must appeal to vendors. The outlook for tho coming season's wool clip seems very bright, as the few bags of fleece wool offered realised 8y 2 d per lb. 1 would strongly urge vendors to market their consignments early, as prices for everything is on a very high level. ' Wool— Crutchings advanced 2>/.d per lb.

Sheepskins.—Keenly competed for at l'/z'l to 2d per lb. higher. Hides.—Advanced another ] /id and in several cases Id per lb. Calfskins.—Very excited market. A further rise of y 4 d to Id per lb. Tallow.—Advanced £2 10s to £3 10s per ton. I quote:— Fleece, in dumps, S'/id, in bags to S'/sdj %-wool, Sd to S'/<d; dead, to 7'/id per lb.

Sheepskins.—Medium crossbreds to 8y 3 d; %-wool Sd tto B',4d; dead, Oy 2 d to 7(1; dead and damaged, 5%d to O'/sd; pelts, inferior, 2%d to 3%d; damp lines, best lines, 7s 4d to 8s Od and 9s Gd; others, 3s 9d to Os Gd; salted heavy, Cs Id to 6s 7d; light, 5s Id to 5s 7d; inferior, 2s up.

Hides.—Ox. No stout offering, heavy, B%d to 9d; medium, S%d; light, S'/ 2 d to »d; cow, heavy, B'/, to B%d; medium, S&d toS%<l; light, 814 d to yd; farmers, best light weights S'/sd to B%d; others 8d to Sy 4 d; heavy, 6%i to Sd; stags, 4%d to «H,d; horse, us 3d to 10a (id; cow, cut and slippy 4>/,d to 7 d; yearlings, 7%d to B>/,d; cut, li/ 3 d to 7'/ B d. Calf.—Specials 13d, to lid per lb.; firsts, lid to 13d; seconds lOd to Is; lles'hy, 914 d to g%d; very small, !)%d to 10(1; cut, 7 to 9%d; slippy s'/,d; dry Is Id to Is Bd, slinks, OJ. Tallow.—ln casks: best mixed '2ls 3d to 21s fld; medium, 19s !)d to 21s; kc»s 18s S)d; in tins, 18s Oil to IDs 3d. ° Sundries.—Bones, £5 per ton; horsehair, 6d to Is y 2 d per lb.; ihovse tails, Is Id each; cowtails, Is 4il'/. per doz.; cowhair, per lb.; pigskins, (id to Is etch.

As the date booked lor my next sale falls at the same time, as the. Wd'in"ton wool sales, I have decided to ho?,I Jt a week later (November 2-1). This will be my first wool sa'e of the season.

STOCK MARKETS. XEW ZIvALAND LOAN AND MEECANTll.l. AGENCY CO., LTD. The Xew Zca'and Loan and Mercantile Agency Co., Ltd., reports as follows: At Wcotfielil yards on Thursday, best dairy cows, close to profit, sold at from £8 10s to £!1 15s; others, £5 to £8 ss; heifers, £5 to £8 12s 0:1; empty cows, £4 to £5 10s; bulls, £4 to £7 10s; calve* lids to £2 15s.

At Coromandel sale on Thursday, beef sold to 40s per luoib; small'steers making £l2 7s Oil; heifers, to £lO 7s (id; grown steers sold from £ls 5s to £8 17s (Id; bulls, £4 10s to £7 ss; dairy cows,' £5 to £8 12s (id; sheep, wethers, 17s (id to 18s 9d. On Friday at the Albert yards, hcavv draught horses sold-at from'from £3O to £3B; medium ditto, £lB to £2S 10s; light harness horses, £5 to .CIS; luicks £5 to £l2 10s; gig, pony and harness, realised £2B 10s,

-.» ..T.'.V.ku jsirda on Saturday, best dairy cows and heifers sold at from £8 to £ll, others, £4 to £7 10s; heifers, £1 to £!); empty cows, £3 10s to £3; .heifers, £3 (o £4 12s fid; good steer calves-, £2 10s to £3 Is; others, £2' to £2 0s; heifer calves 30s to £2 10s; bulls, £,j to £S; pigs, 12s Od to 255. At Henderson, on Monday, fat heifers made from £5 10s to £S las; grown sl-ocra, £G 15s to £ll 17s Gd; bulls, £1 to £0 15s; heifers, £3 to £3 15s; emptv cows, £3 15s to £5; calves, 20s to 43s'. At 'Piikekohe yards on Monday and Tuesday, unbroken heavy draught horses sold at from £2B to £3S; medium ditto, £lB to £27; lighter sorts, £l2 to £l7; light harness sorts and.hacks, £5 to £ls; Shetland ponies, £S to £lO 10s; young heavy draught horses sold at from £3O to £4l; aged draught, £ls to £2B; medium draught, £ls to £3O; light harness horses, £l2 to £25; hacks, £lO to £22 10s; cobs, £8 to ■. £l7; ponies, £3 to £lO.