COMMERCIAL.

Taranaki Daily News, 29 July 1916, Page 5

COMMERCIAL.

. i» BANK OF ENGLAND RETURNS. By Cable.—Press Association.—Copyright Received July 2S, 5.35 p.m. London, July 27. ' Tlie following are the Bank of England returns for the week ended on Wednesday last:— Coin and bullion £54,353,000. Eosr-vc. .€38,781,000, .Circulation £30,045,000. Government deposits t52.M0.000. Other deposits, £85,241,000. Government securities £42,188,000. Other securities £75,210,000. Proportion of reserve to liabilities, 28.05. Short loans, 5 per cent.; three months bills, ">% per cent. Consols, £59 lOsj War loans, £BB to £OO. THE WOOL MARKET. deceived July 28, 5.50 p.m. London, July 27. Wool is stronger, and competition all round is very Ann. The following prices were realised for fleece portions of Now Zealand clips named: Totangi, top, 17Jd, average lG%d; Patoka, l'GJd, average 15% d; Mt. Linton, li)id, average 18% d. The Bradford market is stagnant. Merinos and fine erossbreds generally are firm, but low and medium crossbreds are' in buyers' favor. 40's, 2CJd; other Classes are unchanged. Tlie Board of Trade announSe that they are prepared to consider applications for export, in limited quantities, of all classes of wool, hair, and yarns, and it is believed they will permit small quantities of crossbreds to be exported to safe destinations and possibly some I yarns and crossbred tops.

IOXDaX MARKETS. Received Ju{j? -28, 8.30 p.m. London, July 28, Wheat is firm on unfavorable reports as to the North American spring crops. Flour is in good demand and firm. Oats.—The market is firm, but quiet; beans and barley are steady and unchanged. Peas are firm, New Zealand Maples GOs to 70s. Butter.—This market is very firm, supplies being small. Danish 176 a Australian (nominal) choicest 158s to lfiOs, ■seconds '152; to 1545; New Zealand, ■choicest 168s to 170s. Cheese.—The market is steady. New Zealand 80s, Canadian BSs to 90s. ■Sugar.—Steady and unchanged. Copper.— £ 105 5s (id and £99 10s, electrolytic £l-23. Tin, £IGS 17s M to £IGG 12a fid. Lead, £2B to £'2o 15s. Spelter, £S!X to £53. Silver, 30% d.