COMMERCIAL.

Taranaki Daily News, 9 October 1916, Page 2

COMMERCIAL.

BANK OF ENGLAND RETURNS. Australian-N.Z. Cable Association. London, October (i. TJie following' returns for the week were issued by tiie Bank of England on Wednesday last: — Coin, £52,788,000. Reserve, £38,000,000. Proportion of reserve to liabilities, 21.-23. Circulation, £37,004,000. <!f>vermnent deposits, £52.2.10,000. Other deposits, £117,402,000. Government securities, £42,188,000. . LONDON" MARKETS. Wheat is sparingly offered at full prices; Australian, 70s. Flour.—The market is firm; Australian, 535. Oats,—Nt La (Plata, offering. Poas and beans.—Firm, with a dearer tendency. Copper.—Spot '£l93 ]os, three months £ll'6 10s; electrolytic, £l3O Tin.—Spot £177 12s Gd; three months £l7B 2» Od. Lead.—Spot £3O 10s, three months £29 10s. Spelter.—Spot, £54, three months £49. Silver, 32y s d per oz, ;* Short loans, 5 per cent.; three months bills 5 9-10 per cent. Wheat.—Chicago December options IGO'/o cents, the season's record. AMERICAN WHEAT MARKET. Chicago, Oct. 6. Wheat.—December options 160% to 157% cents; May options 180 to 157 ccntSj WANGANUI. There was a very large yarding of cattle at "Wednesday's sales, and a fair yarding of sheep and figs. Bidding was brisk. iPirices:— Pigs—Porkers 335, baconers £2 18s, weaners 14s, baconers £'2 lSi:, porker 3ns, weaners 15s, porkers £2 1 1 , porkers 31s, small porkers 27, stores 25s 6d to 27s fid. Sheep. Mixed hoggets 31s, ewes (shorn) 21« sd, ewes with lauibs at foot 38s 2s, empty ewes 28s lOd, ew l hoggets 24s sd, fat wethers 35s Id, rams Ss, empty ewes 25s 7d, little hogget Us Od, fat sheep 32s 9d, fat wethers 395. Cattle.—Vealer? 17 to 395, fat cows £l4 2s to £ls, fat -bullocks £l4 3s, store cows to £8 12s, fat steers £9 15s, mixed 18-months cattle £5 18s Gd, forward bullocks £ll 17s, store cows £7 110s, empty heifers £ 7 4s, young bull .£8 10s. AUCKLAND. The New Zealand Loan and Mercantile Agency Co., Ltd., report: At Albert yards on Fri-lay heavy draughts sold from £26 to£3:V medium draughts -*£l7 10s to £26 15s, light harness sorts £9 to £l4, hack £7 10s to £l2 10s, ponies £4 to £3 30s. On Monday, at Papakura, we held a special dairy sale. Best dairy cows,£l2 to £1(1 Wis, others £7 to £il iOs, aged and inferior cows £4 to £0 IPs, best dairy heifers £9 to £l2 15s, others £7 to £8 15s. Bulls were penned 'n average numbers, and sold at late rates. Shorthorn, 7gns to 17gns., according to quality; Holstein, Bgns to i4gns; Jersey bulls, sgns to 12gns. At Papakura on Tuesday, 3 to 4-year steers sold at from £l2 2s Od to £ls 3s, 2 to 3-year steers £9 to £ll 17s 6d, yearling to 18-monthi9 £5 17s Gd to £7 17s Od, ditto heifers '£4 iss to £0 6s, empty cows and heifers £G 7s 8d to £9 12s Gd, aged and inferior cows, £4 10s to £6 2s Gd. Beef: Fat cows £7 10s to £l4. On Wednesday at Westfield best oxen sold to £2 9s per 1001b, others £2 5s to £2 Bs, cow and heifer beef £1 18s Gd to £2 5s Gd; steers sold at from £l3 to £24 ss, cows and heifers £7 10s to £l6 7s Gd. Calves were penned in full numbers and sold at last week's prices. Runners £0 10s to £9 15s, heavy suckers £4 10s to £5 16is, medium £3 12s to £4 7s, light £li 19s to £3 '.os, small and fresh-dropped Gs to £1 !Bs. Sheep were penned in smaller numbers than usual, and consequently improved from 2s to 3s per head. Best woolly wethers £2 Is 9d to £2 8s Gd, others £1 l'lis 9d to £2 0s 9d, best sl-.-;rn wethers £1 lis to £1 13s 9d, otheTs £1 8s to £1 10s Gd, best woolly ewe» £1 17s to £2 4s.~6thers £l' 13s to £1 Ms 94, shorn ewes (best) £1 8s to £1 9s 9d, others £1 Gs to £1 7s 9d. woolly hoggets (best) £1 12s to £1 Ms 9(t, others £1 Ss to £1 lis, shorn hoggets ISs to £1 3s. Spring lambs were also penned in smaller numbers and improved considerably in prices. Best sold to £1 12s 3d, others £1 0s 3d to £1 Vs. Pigs: No choppers or heavy baconers yarded. Medium baconers £3 lis to ~1 Is, light £3 3s to £3 Hte, heavy porla.".-: £2 14s to £3 Is, medium £2 7s to £2 13s, light £1 18s to £2 (is, slip.- £1 4s to £1 13s, weaners l'os to £1 3-.