COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 161, 14 December 1914, Page 2

COMMERCIAL.

BANK OF ENGLAND RETURNS. By Cable—Press Association—Copyright. London, December 10. The Bank of England returns for the < week ending Wednesday last are as . follow: —■ Gold coin, £70,934,000. Reserve, 354,151,000. Note circulation, £35,751,000. Public deposits, £45,002,000. Other deposits, £120,904,000. ; Government securities, £11,059,000. i Other securities, £117,000,000. _ '• Proportion of reserve to liabilities, 1 32.04. Short loans, 1% per cent., three months' bills, 2 13-1G per cent. LONDON MARKETS. London, December 11. Copper.—Spot, £57 5s to £57 10s; three months, £57 10s to £57 15s; electrolytic, £OO to £6O 10s. Tin.—Spot, £147 to £147 10s; three months, £145 to £l4O ss. Spelter, £2B to £2B ss. LONDON WOOL SALES. London, December 11. Best wools are well maintained at re.cent rates. There have been heavy withdrawals of faulty sorts. Prices: Con, top 13'/.d, average 12y 4 d; Yanko; 13y 2 d and ll%d; Avoca, W/ S i and 8 7 / 8 d; Evesham, 2*y 2 d and 22y 2 d; Mutooroo, lOd and 9%d; Beltana, 9%d and B%d; New Zealand Gear, 23»/ s d and 18% d. AUCKLAND. The New Zealand Loan and Mercantile Agency Company, Ltd., reports:— At Westfield yards on Thursday last dairy and store cattle came forward in good numbers, and sold at late rates. Best dairy oows and heifers sold at from £7 to £9 ss; others, £3 10s to £6; calves, 30s to £2 2s; empty cows, £3 to £3 2s Od; bulls, £3 to £O. At Albert yards on Friday horses came forward in full numbers, and sold at late rates. Heavy draught horses sold at from £24 to £2B; medium ditto, £ls to £23 10s; light horses suitable for harness, £8 to £l4; hacks, £3 to £l2 10s; weeds, 10s to 30s. At Westfield yards on Wednesday fat cattle came forward in large numbers, and declined in price on last week's quotations, best oxen selling to 37s fld; others, 34s to 36s per 1001b; cows and > heifers, 30s to 35s per 1001b; steers, £9 : to £lO 12s (id; cows and heifers, £5 to £ll. Two trucks of steers from Mr H. E. Reed, Wairanga, averaged £l4 19s 2d, and two trucks from Mr B. Riid averaged £l4 15s, and 24 steers from Mr Alf Main, Tamahere, averaged £l3 • by the freezing buyers being unable to ■ J operate. Veal calves came forward in very large numbers, and sold at lower rales. Heavy veale'-a, £4 to £5 10a; ; medium weights, £2 10s to £3 18s; : smaller, 25s to £2 ss; others, 10s to 20s; small and fresh dropped, 2s to Bs. Slier p were yarded in record numbers, and receded in values owing to the freezing buyers being out of the market. Pivies were lower from 2s to 3s p.-r l.e.id. Best wethers sold at from 20* I- 23s Od; others, llis to 19a 9d; cw-, 10s to 30a; inferior fatted ewes, 13s 6d to his; hoggets, 13s 3d to 17s «d Lambs yarded in full numbers; Extra well fatted sold at from 15s Od to 17s 0<1; oJurs, 10s (id to 15s. Pigs ca:iui forin average numbers, and sold at l.;';e rates. Baeoners, £3 5s to £i lisliir,?(r porkers, £2 2s to £3; porkm', 3:.s to £2; slips, 15g to 28s; wwm-rs, S» to 12s 6d. The New Zealand Loan arid Mercantile Agency Co., Ltd., -Stratford branch, reports as follows:—On Wednesday, the 9th inst., we held our usual monthly sale in our Kohuratahi yards, when we had a yarding of 255 cattle and 80 sheep, and, with the exception of two lots, we were able to find purchasers for all the stock yarded. The following prices were realised:—2y.-ycar steers, good sorts £o 14s, £5 17a to £(i Gs, poorer kinds £4 10s, £5 to £5 ss; store cows, £5 Is; yearling heifers, 50s to 54s 6d; yearling steers, ' £3; yearling bulls, £3, £4 9a to £4) 10s; wether hoggets, 10s 3d; full-mouth rams, 13s; gelding, unbroken, £4. Since we last reported we have disposed of a good deal of stock privately, the following prices being realised:—Lines of store cows, £4 2sod, £5, £5 ss, £0 Gs, £7; 2-year steers, £5 5s Od; yearling steers,' £3; dairy bulls, £5 10s to £S; dairy cows, £0 to £8; 2-year empty heifers, £3 7s fld, £3 12s to £3 15s; hoggets, 18s to 19s.