COMMERCIAL

Nelson Evening Mail, Volume XLV, Issue XLVIII, 18 December 1914, Page 5

COMMERCIAL

. {PuiKsa AasociArioN. *~ Cs,i>Tßi<3iii:j' . (Received' Dec. 18, 12,55 v.m.) • ■— ■ LONDON, 'Dec; 17. ■.; At the sheep skins sale 3000-bales, wei-e offered. A considerable quantity was not landed in time, for auction. ..'Competition was somewhat irregular /for Merinos, but crossbreds were in good- <iemand, and practically all sold. . 'Compared with October rates, Australian Merino combings averaged a' penny lower; clothings and crossbred combings half-penny lower; New Zealand fine ana medium combings, clothing, a farthirig lower; coarse unchanged. Tho next sale will be held on Janbarj; 28th. ;:;.'• (Received Dec. IS, 1 p.m.) LONDON,, Dec. 17. . Bank of England returns:—Coin, £71,984,000; regeuye; £55,272,000.; proportion of reserve, to liabilities ■=33.31; notes in circulation. £35,592,000; public' deposits •643,168,000; , other deposits, £122,735,000; Government' securities! £11,969,000; other securities £.116,.482,000. ; ;,-.: .'.'; ' ".:'■. : Short loans li per cent; bills 2J per cent.

Sugar is unchanged. Butter is very firm; cwt.. of. New. Zealandi and 15;000 cwt. of Australian arrived this week; and. is clear trig well. 011.01068* Australian. 134s 136sj unsalted occasionally 138s, secondaries 128s to 1325; New Zealand 138s, unsalted occasionally 140s. ....... \" Cheese is firm: New Zealand 76s to. 775. ■ '

Wool sold for Home amounts,•> .to 154,000 bales, for the Continent 1000 bales: held over 103,000 bales.' Bradford market is-very quiet; 64-'s 26d;arid24£d ;' super 60's 25£ d and 24d ; ordinary 27d and 26d; 50*8 24d and 23£ d.,; 46's 216! 'arid 20£ d : 40's 18£ d. and 18d. ' Wheat is quieter, and. prices are uhclvariged: No. -1 .Northern; Manitoba, loading 48s 9d, January 495. Flour is firm; Australian shore.36s to.. 36s 6cL-; \ ■■.■■'.'•.■ Barley, beans,-and. peas aye firing.'and prices, unchanged; oats are hardening.