COMMERCIAL.

Taranaki Daily News, 11 September 1916, Page 2

COMMERCIAL.

BANK OF ENGLAND RETURNS.. • Australian-N.Z. Cable Association. London, September 7. The following are tile weekly returns of the Bank of England as issued On Wednesday last:— Coin and bullion, £53,528,000. •Proportion of reserve to liabilities, 23.83. Circulation, £30,204,000. , Government deposits, £52,219,000, Other deposits, £103,094,000. Government securities, £42,159,000. Other securities, £95,739,000. Short loans, 4% i three months' bills 5%. Consols, £59 ,13s. New Zealand four per cents., £B3 12s 0d: 3'/a per cent., £7O 2s 6d; 3 per cents., £P "" •" LONDON MARKETS, Wool.—The wool sales secured keen bidding, with hardening prices for all crossbred* and merinos. The Bradford market showed n strong hardening tendency. There was firm enquiry, with the turnover limited. Forties brought 27d. Sheepskins.—At the sheepskins' sales 3000 bales were catalogued, of which 112 'Were New Zealand. All prices were the same as on July 20. Wheat.—Quiet; buyers are (reserved. Flour.—Firm; the consumptive demand is steadily increasing. Australian, 50s to 51s. Oats.—Film, with a tendency upwards. Peas and beans.—Firm and unchanged. Sugar.—Unchanged. The British imports for August increased by £G,715,515, exports £15,231,4fiS, and re-exports £414,737, as compared with August, 1915. The Bank of Australasia has declared a dividend of 14 per cent., a bonus of 12s, added £30,000 to the reserve fund and carried forward £121.700. Copper. £lo9s 15s; three months, £IOO 15s; electrolytic, £l3l. Lead.—Spot, £3O 3s; three months, £29 10s. Spelter.—Spot, £4B 10s; three months, £4l 10s. Tin.—Spot, £l7O 15s ) three months £l7l 12s Gd. Silver, 32 5-10 d per oz. -DAIRY PRODUCE MARKET?, CHEESE PURCHASED FROM AUSTRALIA. London, September .7. Butter.—Dull; Danish 194>s and 19Gs; New Zealand, nominally unchanged. Cheese—Very firm; New Zealand, 102s and 104s. It is reported 'that the British Government has purchased from Australia 2.U«0,0001bs at Sd or S'/,d f.o.b. FARMERS' CO-O?. ORGANISATION S SOCIETY'S REPORT. Opurake.—Fat cows sold at £ll 17s; fresh conditioned cows £S 18s to £!• 15s, forward eows £7 15s to £8 10s. store cows £7 to £7 12s Od, small store cows and empty heifers £4 15s to £0 15s, bulls £5 "2s fid to £B, yearling heifers £2 5s to £4 2s, best springing heifers £S to £lO ss, others £5 10s to £7 15s, weaner pigs 15s, store pigs 23* Od to 2Ss Od. Jinnahi.—Fat cows sold at from £lO 10s to £ll 17s, fresh conditioned cows £8 10s to £0 17s, forward cows £7 5s to £8 Bs, store eows £0 10s to £7, hest springing heifers £ll to £l7, others £7 to £lO 10s, weaner pigs 7s to 15s Gd, store pigs £1 to, £1 10s. Sundries sold at ruling rates. < Inslewood—Fat hoggets made 25s 3d to 27s 4d, store wethers 295, fat cows £l.O ss, fresh conditioned cows £S 5s to £9 15s, forward cows £7 10s to £8 ss, store cows £7 to £7 17s fid, store cows (small) £3 5s to £0 15s, empty heifers £4 5s to £3, yearling steers £3 15s to £5 ss, yearling heifers £2 14s to £4, hest springing heifers £9 to £ll, others £5 5s to £8 10s. cows clo3e to profit £0 to £lO ss, others £7 to £8 10s, weaner pigs 15s to 18s, store pigs £1 to £1 Ss. Auroa.—Best springing heifers made from £lO 10s to £l3 10s, others £7 to £lO, dairy cows to £l3, fat cows £l2 ss, fresh conditioned cows £8 15s to £9 15s, forward cows £7 7s fid to £8 10s, store eow £0 to £7 ss, good yearimu he'fers £4 10s to £5.