IN THE EAST.

Taranaki Daily News, 4 November 1916, Page 5

IN THE EAST.

TURKS EJECTED. PROGRESS IN JIUL VAI.LEY, »—• BB Received N.B, A ©5? Petrograd, Nor. 2. A communique states: —The enemy' ' carried a salient on the west bank ot the Stokiiod, in the .region of Vitobege. Further southward we drove ths Turks from an organised position on Stha ; heights in the region o£ Sakki, >' , " ; We still pursue the enemy In i%ej Jiul Valley. There isnotliing important to report; i from the Dobrudja. i COMMERCIAL. THE METAL MARKETS. •• Australian-N.Z. Cable I Received Nov. 5, 10.50 p.m. ' > London, Nov. 3V Copper.—£l24 5a and £ll9 10s.' " Electrolytic.— £143. Lead £3O 10s and '£29 10s. Spelter.— £52 10s and £SO 10s. Tin.—£lßo 12s 6d and £lßll2s US. Silver.—32 M6d. BAMK OF ENGLAND RETURNS, Received Nov. 3, 5,5 p.m London, Nov. 3. The following are the returns irtued by tlio Bank of England for the yrptU • ended Wednesday last:— Coin, £51,426,000. Proportion of reserve to liabilities., 22.41. . Circulation, '£37,224,000. <!overnment deposits, £51,107,000, . Other deposits, £116,622 000. fioremment securities, £42,138,000. Other securities, £103,714,000; Short loans, o per cent.; three months bills, 5 fl-10 per cent. Consols, £.')f> ; war loans, "£B4 'io», eas.. dividend £94 l'tli. . New Zealand 4 per cents., : £BS. ; LONDON MARKETS. Wheat.—Nominal. Flour: Short mp ply, and' price advancing continuously. ' . Pens and Beans—Strong, with tA* vwicing tendency. New pot offering. Outs.—Very firm; old La Plat*, Ml quay, 38» fld. , j Butter.—'Very firm, supplies being small. Danish, about 2)Cs- New Zealand (nominal), 200s; Canadian, 100s taj lflSs. It is expected that the first arrl>' vals of new Australian will mali" 200s. Cheese. —Market strong; Canadian, 114s to 110;; New Zealand, 1123 to 114 a. Sugar—'Unchanged. j Wool.—At the wool sales there was a good selection of all classes, and greasier being in sellers' favor. Slipes continue to harden. Merinos i*a Belling at extravagant prices. Severn top realked 2-GVbd, average Slid; Christchurch, 25d and 22Vid. On the Bradford market there is plenty of inquiry, 'but business is limited, owing to top-mikera asking prohibitive prices; O-ls, 57d; super 00's, s<Sd; common (Ws, 55dj" 56's, 42dj| 50's, 3id; 4<3's, 29 l / 2 d; 40V, 28d; LONDON WOOL SALES The New Zealand Loan and MercSntTW Agency Co. Ltd,, Stratford, have received the following cable from their London office: Wool dales active as compared with September 22, crossbred greasy medium coarse 74 per cent.; scoured Mdt fine slips 5 per cent.; medium coarse,.par, 5 per cent.; greasy merino and medium inferior scoured, 5 per cent.: superior #udt lambs, par, 5 per cert higher,.