TRADE AND FINANCE.

Taranaki Herald, Volume LIII, Issue 12910, 15 July 1905, Page 5

TRADE AND FINANCE.

United Press Association.— By Electric Telegraphs-Copyright. London, July 14. Bank of England returns : — Gold coin, etc., £36,358,000 ; reserve, £26,384,000 ; proportion of reserve to liabilities, 48.66"per cent. ; notes in circulation, £30,270,000 ; public deposits, £9,671;000; oiher deposits, £44,449,000 -. Government securities, £16,752,000 ; other i securities, £-28,092,000. Tluee months bills are discounted at 1 13-16' d per cent. Consols 90 5-16 d. New. Zealand fours 107. Other stocks unchanged. Wheat. — The market is quiet, with an easy tendency^ owing to large ship.menls and excellent crop prospects iii| Europe, but the unscitkd stale otj Russia and less favourable reports from American crops has checked a downward movement. There is little demand for cargoes ; *32s is- asked for South Australian off coast, 33 s 6d for Victorian, 32s 6d for South Australian. July-August shipment of Australian, is quoted at 33s 3d to 33s 6d. . Flour. — Quiet for patent roller. London quotation 235, Glasgow 24s to! 24s 6d. -/- ' Butter.— Firm. Only Australian is offering. . Choicest to 1025.*; Danish unchanged. • Copper.—Spot £66 3s 9d to £66 8s 9d, three months £66 6s 3d to £66 11s 3d. Tin.— Spot £143 10s to £144, three monihs £142 10s to £143. Iron, 45s sd. Lead, £13 f2s 6d to £13 15s. * . Spelter £24 5s to £24 7s Gd. , J Svgar I.—Quiet.1 .— Quiet. First marks 9s lid, German 12s Id. Bradford wqol quiet. Thirties ,16|d; Merinos hardening. - London, July 14. At the kauri sales 2508 cases were offered and 900 sold, mostly, at full prices ; good threequarter scrapod 130s. ~ " , '