COMMERCIAL.

Taranaki Herald, Volume LIX, Issue 143550, 15 July 1911, Page 7

COMMERCIAL.

BANK OF ENGLAND RETURNS. Bj Electric T .legraph.—Copyright LONDON,/July 14. The Bank of England returns tor the week ending AVednesday last aie as follow; Gold coin, £39,463,000. Reserve, £29.822;0U0. Note circulation, ,tkU,’-so,oou. Public deposits, £9,Vb 8,000. Other deposits, £49,609.030. . Government securities, it-,,.Joi,UVU. Other securities, £30,383,000. Proportion of reserve to liabilities, 52.12. THE MONET MARKET. Bank rate, 3-per cent.; short loans, per cent.; three months’ bills, 1 U>l6 per cent.; Paris, 2( per cent.; Berlin, 2| per. cent. GOVERNMENT SECURITIES. The following are the latest quotations for Government securities : 21 per cent. Consols, £7B Ls 6d. Rise of 2s 6d. 4 per cent. New South AA ales, -MO4. Unchanged. 31 per cent. New South AA'ales, £9910s. Unchanged. ... 3 per cent. New South Avales, £oi. Fall of 10s. . T , 4 per cent. Victoria, £IOO 10s. Unchanged. . 31 per cent, Victoria, £9B. Rise of 10s. '3 per cent, Victoria, £B4 10s. Unchanged. per cent. South Australia, £J7 10s. Unchanged. , 3 per cent. South Australia, £Bl 10s. Unchanged. 4 per cent. Queensland, £lO2. bnchanged. , 3j per cent. Queensland, £97 22s 6d. Unchanged. 3 per cent. Queensland, £B6. Unchanged. ■- 4 per cent. New Zealand, £lO4. Unchanged. 31 per cent. New Zealand, £96 10s. Unchanged. 3 per cent. Now Zealand. £B6 10s. Unchanged. 31 per cent. Tasmania, £97. Rise of 10s. 3 per cent. Tasmania, £B4 10s. Unchanged. 81 per cent. AA’est Australia, £97. Unchanged. 3 per cent. AA’est Australia, £B6 10s. Unchanged. LONDON MARKETS. Copper.—Spot £57 2s 6d, three months £59. Tin.—Spot £196 10s, three months £57 12s 6d, electrolytic £59. Tin.—Spot £196 10s, three months £lB9 10s. Speltbr £25. Iron.—46s lid. Sugar.—German 12s. 6d, first marks 14s 3d. Bradford AVool.—Cheerful and unchanged. , Lead.—lmports for the month 20,440 tons, Australian 3464 tons, exports 5602 tons. \ , , ~ . AVool.—At the sales the following prices were realised for the fleece portion of the clips named: AVaiouri top_ price lod, average 133 d, Gear toil i24d, average 9id, Panikau top lOd, average BJd. , ~ Wheat.—lnactive; unfavourable crop reports from Russia and Germany and droughty weather in Europe have maintained prices though shipments are heavy and English crop prospects good; 84s 3d is asked for South Australian March-April-Jlay shipments, 34s for a steamer shipment early in July, 34s 6d for Victorian steamers in mid-July and mid-August, 33s was paid for South Australian and Victorian parcels to arrive. There is slow demand for Australian snot at 35s 6d to 365; best New Zealand longberry 35s 6dt Flour.—Poor demand, spot 24s to 24s 3d. 'Oats.—Steady, New Zealand scarce, Gartons 21s to 22s 6d, sparrowbills 20s 6d to 21 6s, Laplata July-August shipments/15s 9d. ■ Cheese.—Firm, 1 new Canadian is improving in quality and is selling _ at 68s, New Zealand (j6s 6d, AUctorian Small 55s to 565, large 58s to 595. Sale lather slow owing to plenty of Canadian being on the market. Butter. —Very firm. The continuance of heat is seriously affecting tho output in England, Ireland, and on the Continent, especially in France, where it is reported that foot and mouth disease has broken out. Siberian shipments are greatly reduced. Danish 119 s to 120 s, choicest Australian 104 s to 106 s, unsalted 106 s to 108 s, occasionally 110 s, secondaries 92s to 100 s, stored is selling freely. THE AVOOL SALES. (Received July! 15, 12.45 a.m.) ' LONDON, July 14. At the wool sales all good wools ahow a hardening tendency, and Americans are bidding for good crossbreds. Silver.—243d per oz. AUCKLAND SHARE MARKET. (Special to Herald.l AUCKLAND,' July 15. Mr, Hendry (E. P. AVebster local agent) reports the following Stock Exchange quotations and sales;— Quotations. —Caledonian sellers Is 6d buyers Is 3d, May Queen 2s 6d and 2s 4d, Sylvia 3s lOd and 3s. 9d, Saxon 2s 7d"and 2s 6d, AA T aiotahi 3s Id and 2s lid, Waitangi 3s 3d and 3s Id, "Watchman, Is lid and Is 9d, Ross 2s ond Is 9d, Old Hauraki 2s 3d and 2s Id, Crown 3s 8d and 3s 2d, Tairua Mines 2s 6d and 2s sd, AA’aihi 64s 6d and 64s 3d, Extended Is 9d and Is 6d, Junction 27s 9d and 27s 6d. < Sales.—Sylvia 3s lOd, Saxon 2s 6d, Waiotahi 6s, Tairua Alines 2s od, AVaihi 64s 6d, Junction 27s 9d, 27s 6d. MATTHEWS AND BENNETT. Matthews and Bennett- report that there was a fair entry of cattle in their Inglewood yards on AVednesday last, and most lots changed hands at, the following prices:—Calves 25s to 30s, yearlings £2 Is to £2 3s 6d, steers £2 Bs, dairy cows £5 5s to £7 12s 6d, store cows £2 2s 6d to £3 2s 6d, fat cows £5 Is, empty heifers £3 4s 6d. WOOL, SKINS AND HIDES. Messrs. L. A. Nolan and Co. report: We held our usual sale of hides, otc., on the 4th hist., and submitted better than our usual catalogue to a representative audience of buyers. Skins were inclined to weaken slightly, some lines to extent of id per lb., others, damaged lines particularly, about Jd. Heavy cows ond ox maintained last month’s levels, others in first quality declined about id, while wet and poor conditioned lots dropped id to Id per lb. Tallow receded 10s to 15s per ton. Sundries sold at about last month’s rates. We quote; Hides.—Ox; butchers’, no stout offered; heavy 7id, to 7Jd, medium 63d to 7jd, light 6d to 6jd, extra heavy

7d. no cut ox offered. Cow: Best heavy 64d to 63d, medium stout 6)d, medium ordinary 6;\cl to liedit d\d to 6*cl, ordinary heavy 53d to 61d, medium sjd to 6jd, light 6d to 6id, slippy and wet old to 53d, cut cow 4gd to s|d. Farmers’ cow: Sound heavy s|d to 6Jd, medium sjd to Sjd, light 53d to 6Jd, cut and damaged Id to 2d per lb. lower. Yearlings 53d to 6d, bulla 4d, ex-tra good 4 3d. Calves (small offering) 6)cl to 7d, cut and damaged 3d to 43d. Horses, heavy well flayed 11s 6d to 14s 6d, others 7s 3d to Bs, light 6s 9d to Bs, damaged 4s to 7s 9d. Sheepskins.—Salted extra long wools 12s 6d, three-quarter wools 4s to 4s lOd, special os 3d, half wools 2s 6d to 3s Bd, damaged Is, dry and part dry full wools 7s 6d to 9s 6d, threequarter wools -Is 3d to 5s 7d, half wools 2s 6d to 4s, quarter wools 2s to 2s lid, damaged 6d to 3s 9d, dead 2s" to 3s, settlers’ lambs 7d to Is lid. Wool:—Fleece, matted 5Jd to 6d, lambs 6d to 7d, pieces to 43d, crutchings IJd to 43d., Tallow.—Casks 245, tins 20s 3d..t0 23s 6d. , „ Sundries. —Horsehair Is 4d per lb., cowtails Is 6d per doz.