COMMERCIAL.

Taranaki Daily News, Volume XLVII, Issue 8109, 14 May 1906, Page 3

COMMERCIAL.

FINANCE AND TRADE. London, May 11. Bank of England returns of gold coin £29,913,000, reserve account £20,880,000, proportion of reserve to liabilities 39'35, notes in circulation £28,812,000, public deposits £8,207,000 other deposits £41,780,000, Government securities £15,977,000, other securities £33,977,(100. Three mouths bills are discounted at. 3 il-lii. Consols, 89-J. New South Wales fours Jit I, time-and-a-halfs 99, threes 88}. Victorian fours 101, tlirecand-a-lialfs I00:j, threes 90. Adelaide stocks unchanged. (Queensland fours 107.',, three-and-a halts 1001, threes 88. "New Zealand I fours 107, three-aud-a-halfs 101-1, | threes 891. Tasmania threc-iind-a-' halfs unchanged, threes 881. Perth tliree-and-a-hall's 991, threes 881. The wheat markets are quiet, and with a rather weak attendance, buyers holding oIV in anticipation of large arrivals. Cargoes are dull, 31s 0,1 being asked for South Australian off coast, 31s 3d for New South Wales, and 31s to Ills (id for cargoes alloat. Australian on spot is quiet at 3:ls, New Zealand longberried 31s (id to 325, short 31s to 31s (id.

Flour: Steady. Patent nukes in London are quoted at 23s to 23s lid, in Cllasgow 21s to 21s Od. Tlicrc is notliing doing in freights. | The butter market is steady. Colonial is unchanged. Danish lias kanleued. Cheese : Slow of sale, New Zealand white liOs, colored 02s to 03s. Copper: Spot ,CS3 17s Od, three months £S2 17s (id.

Tin: Spot JEL!)B, three months £l9o' Ms. Iron ; .too Is. Sugar i|uiel. (ierm.iu 8s 2d, lirst marks IDs Id.

Bradford wool: High prices arc checking business. Forti-s ISs 3-kl forty-sixes 2ils, common six!;. < 27s Jd, super 2Ss Jil. At the London sales the tallowing were the average prices for the llccce poriio:>s of the following clips : (>e.:r IBd, Ot.in 13 3-8.1, iCini.M'b.ii'Y IH 3-1,1, Woudbunk UJd. 1 Spring! ale- I IJo.l J o. ! Tii.; Ni.m /( iuiiid Loan and Mer-hi.ilil..-A v n .• •:■■.. Lid., have received I the following cihle from llieir London ' ollke, uuder date the Bth iusl,:— t^j

Wool.—The market opened strong for all sorts, As compare! with last sales' closing rates, prices are about par to 5 per cent, higher for fine crossbred; merino, about 5 to 71 per cent, higher for coarse crossbred and medium j crossbred.