COMMERCIAL.

Taranaki Herald, Volume LX, Issue 143852, 27 July 1912, Page 7

COMMERCIAL.

BANK OF ENGLAND RETURNS. Per Press Association. LONDON, July 26. The Bank of England returns for the week ending "Wednesday last are as follow: Gold coin, £39,756,000. Reserve, £30,282,000. Note circulation, £29,332,000. Public deposits, £18,372,000. Other deposits, £41,719,000. Government securities, £13,984,000. Other securities, £33,875,0--. Proportion of reserve to liabilities, 50.40. THE MONEY MARKET. Bank rate, 3 per cent.; short loans, 3J per cent.; three moi. s’ bills, 3 1-16 U> 3J per cent.; Paris, 2 J per cent.; Berlin, 3J per cent. GOVERNMENT SECURITIES. The following are the latest quotations for Government securities: 2J per cent. Consols, £74; fall of 15s. 4 per cent. New South Wales, £102; unchanged. 3j per cent. New South Wales, £9B 10s; unchanged. ‘ 3 per cent. New South Wales, £B4 16s; fall of os. 4 per cent. Victoria, £IOO 10s; unchanged. 3i per cent. Victoria, £94 15s; unchanged. , , 3 per cent. Victoria, £1 10s; fall of 10s. 3j per cent. South Australia, £94; fall of £l. ... 3 per cent. South Australia, £t9; unchanged. 4 per cent. Queensland, £IOO ss; fall of Ss. Hi per cent. Queensland, £94 10s; unchanged. 3 per cent. Queensland, £B2; rise of 10s. 4 per cent. New Zealand, £lOl 10s; unchanged. 3i per cent. New Zealand, £94; fail of 10s. 3 par cent. New Zealand, £B4; unchanged. 3i per cent. Tasmania, £92 15s; fall of ss. 8 per cent. Tasmania; £B4; unchanged. 3i per cent. West Australia, £94 os; fall of ss, 3 per cent. West Australia, £BS los; fall of £s. Scrip of' the new Queensland loan is quoted at H per cent, discount. LONDON MARKETS. LONDON, July 26. Copper, £7B 12s 6d to £7B 17s 6d; electrolytic £Bl 10s. Tin, £2OO 10s down to £197. Lead, £lB 12s 6d. Spelter, £25 los. Iron, 58s. Sugar.—Steady and quiet; German 13s Id, first marks los 7d. Wool.—At Bradford wool is quieter, owing to the irregularity of the London market. Holders are firm; prices are unchanged and there is practically no business. At tho London sales the following are prices realised for fleece portions of the clips named 1 ; Mount Palm, top price 13s, average 12|d; Mimfenden 13d and 12fd.

Wheat. Markets are temporarily firmer owing to strong American markets, due to reports of heavy rains in Canada and North-west America, and quieter owing to the continued fine weather in Russia. An Australian cargo sold at 39s 4jd; a South Australian sailer June shipment was offered at 40s, and a steamer AugustSeptember shipment at 39s 3d. A New South Wales April shipment sold, at 39s 6d and an Australian sailer new ■crop January-Fobruary shipment at 37s 3d. A steamer December-January shipment sold at 38s. For Australian parcels afloat 38s to 38s 6d is being paid; Australian spot 42s to 435. Flour.—Steady and unchanged. Oats.—Firm and quiet. For La Plata July shipment 16s 6d Svas paid, and for an. August shipment 16s lid. Barley, ifirm.

Butter.—Firm and quiet; Danish has risen throe kroner; Australian and New Zealand are very firm and unchanged, and arrivals are clearing steadily. Cheese.—Dull; New Zealand 65s to 665, Canadian 64s to 655. Rabbit-skins.—At the sales 2196 bundles were offered and 1990 sold. There is a fair attendance and a penny advance on all sorts except furriers’, which are slightly easier and are mostly bought in. THE WOOL SALES. (Received July 27, 11.20 a.ra.) LONDON, July 26. At the wool sales there is, a good selection of greasy merinos and competition is very keen; crossbreds are firm. AUCKLAND SHARE MARKET. (Special to Herald.) , AUCKLAND, July 27. Mr. Hendry (E. P. Webster local agent) reports the following Stock Exchange quotations and sales:— Quotations. —May Queen sellers Is Id, buyers IOJd, Occidental Is Id and Is, Waiotahi 2s and Is lOd, Crown 2s 7d and 2s 6d, Talisman 40s and 39s 3d, Junction 22s anti 21s 9d. Sales.—Waitangi 6Jd and 7d, Talisman 39s 6d.