COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 266, 20 April 1915, Page 7

COMMERCIAL.

BANK OP ENGLAND RETURNS. London, April 10. The Bank of England returns for the week ending Wednesday last are as follow: Gold coin, £53,019,000. Beserve, £39,176,000. Note circulation, £34,588,000. Public deposits, £104,157,000. Other deposits, £102,909,000. Government securities, £47,800,000. Other securities, £137,813,000. Proportion of reserve to liabilities, IS.OI.

Short loans, 1% per cent.; three months' bills, 3% per cent. GOVERNMENT SECURITIES. The following are the latest quotations for Government securities:— 2Va' per. cent. Consols, £66 8s 9d; unchanged. 4 per cent. New South Wales, £95 12s 6d; rise of 7s 6d. 3 1 /, per cent. New South Wales, £97 10s; unchanged. 3 per cent. New South Wales, £81; rise of ss. 4 per cent. Victoria, £9B 15s; rise of 2s Od. 3 1 /, per cent. Victoria, £9l ss; fall of os. 3 per cent. Victoria, £76 ss; rise of os. 3 1 /;, per cent. South Australia, £BS 10s; rise of ss. 3 per cent. South Australia, £7O; fall of ss. 4 per cent. Queensland, £97 ss; rise of 7s Od. 3% per cent. Queensland, £9l 17s 6d; rise of ss. 3 per cent. Queensland, £74 10s; fall of ss. 4 per cent. New Zealand, £96 10s; rise of £l. 3% per cent. New Zealand, £B3 15s; rise of 2s 6d. 3 per cent. New Zealand, £7O 2s Od; fall of 2s Od. % x k per cent. Tasmania, £BS os; fall of 7s Od. 3 per cent. Tasmania, £7O 10s; fall ss. 3'/ 2 per cent. Tasmania, £76 10s; fall of ss.

3'/> per cent. West 'Australia, £B7 15s; rise of 2s Gd. IS per cent. West Australia, £B2; unchanged. LONDON MARKETS. London, April 18. "Wheat—Firm and quiet. The wheat and flour afloat for the United Kingdom is 2,710,000 quarters, for the Continent 4,340,000 quarters: Atlantic shipments 01)8,000 quarters, Pacific, 10,000 quarters. The total to Europe is 1,485,000 quarters: Tndia fIOOO quarters, Argentine 021,000 quarters.

HIGH COMMISSIONER'S REPORT. Wellington, April 19. Following is the High Commissioner's market report, under date London, ' April 17. (Note. —Quotations, unless otherwise specified, are average market prices on spot.):— Mutton.—Tljc market is steady and fair business is doing. North Island Od per lb, ordinary quality 5%d. Lamb. —The market is quiet, and moderate business doing. The chief feature in the market js the demand for heavy-weight. Canterbury 8d per lb medium weights B'/.d, heavy-weights Sy 4 d; other than Canterbury Bd, second, grade 7%d. Beef.—The market is very firm. There is better demand owing to the small supplies of American chilled. New Zealand hinds OVad, fores «y B d'; chilled hinds 7%d. fores «%d. Butter. —The market is quiet and prices have been irregular during the week. Danish, per cwt, 142s to 1435; New Zealand, 132s and 134s up to 1355, unsalted 138s to 140s; Australian, 128 a to 130s; Siberian, 128s to 130s; Argenwhitc 96s to 98b, colored 94s to 903 1 New Zealand white and colored t)3s, tine, 128s to 130s. Cheese.—There has been no alteration in the market since last week. English Cheddar, 104s to 106s; Canadian occasionally 945; (Australian, 88s to 90s; United States flats and doubles, colored 80s to 88s. white 88s to 90s; Cheddar shapes, white 00s to 02s. Hemp.—The market is quiet, with a tendency in favor of buyers. New' Zealand good fair grade per ton £33 Ms. fair £3l 10s; fair current Manila £39; forward shipment good fair £32 15s, fair £3O; fair current Manila £3B 10s. The output from Manila for. the week was 25,000 bales. Hops.—The market is weak and inactive in anticipation of the Government liquor legislation, and buyers arc scarce. English, per cwt, 80s; Californian, 70s. Wheat. —The market is firmer, and there is more demand, owing to th» Government not buying at present. Canadian and American, on passage 64s per quarter, April or May 04s; Argentine, on passage 62s 2d. Oats.—The market is quiet and rather steadier. Argentine, on passage 20s per quarter.