COMMERCIAL.

Taranaki Herald, Volume LX, Issue 143788, 11 May 1912, Page 7

COMMERCIAL.

BANK OF ENGLAND RETURNS. Electric Telegraph.—Copyright. LONDON, May 10. The Bank of England returns for the week ending Wednesday last are as follow: — Gold coin, £38,238,000. Reserve, £29,212,000. Note circulation, £28,826,000 Public deposits, £17,301,000. Other deposits, £37,755,000. Government securities, £11,155,000. Other securities. £31,495,000. Proportion of reserve to liabilities, 61.20. THE MONEY MARKET. Bank rate, 3 per cent.; short loans, 2i per cent.; three mouths’ bills, 2J per cent.; Paris, 3 per cent.; Berlin, 31 per cent. GOVERNMENT SECURITIES. The following are the latest quotations for Government securities: 21 per cent. Consols, £7B 7s 6d; rise of 2s 6d. 4 per cent. New South Wales, £lO5 10s; unchanged. 31 per cent. New Sputb Wales, £9B 10s; unchanged. 3 per cent. New South Wales, £B6; unchanged. 4 per cent. Victoria, £102; unchanged. 31 per cent. Victoria, £9B 10s; unchanged . 3 per cent. Victoria, £B4 10s; fall of £1 3} per cent. South Australia, £97; unchanged. 3 per cent. South Australia, £81; rise of 10s. 4 per cent. Queensland, £102; unchanged. 31 per cent. Queensland, £96 10s; Unchanged. 8 per cent. Queensland, £B4; unchanged, 4 per cent. New Zealand, £lO2 10s; unchanged. 31 per cent. New Zealand, £97; unchanged. 3 per cent. New Zealand, £BS 10s; Unchanged. 81 per cent. Tasmania, £96; unchanged. 3 per cent. Tasmania, £BS; unchanged.

3} per cent. West Australia, £94 10s; unchanged. 3 per cent. West Australia, £B6; unchanged. LONDON MARKETS. LONDON, May 10. Share quotation: Peninsular and Orient shares, £360. Copper.—Spot £l3 3s 9d; three months £7O 10s; electrolytic £74. Tin. —Spot £2lO les, three months £206 10s. Lead, £l6 10s. Spelter, £25 17s 6d. Iron, 58s Bd. Sugar.—German 13s 3d; first marks 16s 7d. Bradford Wool. Firm and unchanged. Butter.—Steady. All prices firm and unchanged, though European supplies are increasing largely. Wheat.—The markets are inactive end slightly easier, owing to heavy shipments. An Australian cargo sold at 89s 7jd. Holders are asking 440 s 8d for South Australian January shipments; 39s 3d is being offered for April, and 40s for February Victorian and New South Wales shipment; 39s and 39s 6d is being asked lor parcels afloat. There is a retail demand for Australian spot at 42s 6d to 435: New Zealand 41s 4jd. Australian flour is sparingly offered. Siere is little demand for New Zeand. Oats.—Scarce and firm. La Plata May-June 18s. Peas.—Firm and unchanged. Beans.—Neglected ; nominally 37s 6d to 88s 6d. Cheese.—Very firm. New Zealand TOs to 71s. THE PRICE OF WHEAT. SYDNEY, May 10. Wheat is easier, and is now quoted Bt 4s 2d to 4a 4d. AUCKLAND SHARE MARKET. (Special to HoraldA AUCKLAND, May 11. Mr. Hendry (E. P. Webster local agent) reports tho following Stock Exchange quotations and sales:— Quotations. —May Queen sellers Is 4d, buyers Is 2d, Occidental Is od and Is 4d, Waiotahi 2s lOd and 2s Bd, Waitangi Is 3d and Is Id, Talisman 43s 8d and 43s 6d, Waihi, 38s and 37s 9d, Junction .23s 6d and 22s 6d. Sales. —May Queen Is 4d, Occidental Is 4d, Waihi 38s 6d to 37s 9d, Junction 235. LOAN AND MERCANTILE. The New Zealand Loan and Mercantile Agency Coy., Ltd., Stratford branch, report as follows: On Tuesday, 7th inst., we held our usual fortnightly sale in conjunction with Messrs. W. H. H. Young and Co., when we had a small yarding of 650 cattle and 150 lambs. Store cows came forward in a greater number than usual. Prices were as follows: Store cows £32s to £3 17s, forward cows from £4 2s to £4 13s, fat cows £3 to £3 Bs, weaners (small) 23s 6d, weaner steers 30s 6d to 38s 6d, weaner heifers showing colour 35s to 45s 6d, 20-months heifers in calf £3 6s to £3 10s, 20months empty heifers 58s 6d, bulls £3 to £4 15s, lambs ss; a nice line of 16 well grown Shorthorn weaner heifers realised 39s to a local purchaser. During the week we have sold privately several liuesof cattle at the following prices:—Mixed Weaners £2 to £5 os, and £7 4s 6d for a nice line of 50 sold to Waikato buyers, 3-year-old steers £6, A herd of dairy cows £6 17s 6d.