COMMERCIAL.

Taranaki Herald, Volume LXIV, Issue 145085, 9 September 1916, Page 7

COMMERCIAL.

RANK OF ENGLAND RETURNS, By Telegraph—Press Assn.—Copyright, Australian and N.Z. Cable Assn. LONDON, Sept. 7. Following are tho Bank of England returns for tho week ending Wednesday last :—■ Gold coin, £53,525. Note circulation, £36,261,000. Government deposits, £52,219,000, ■ Other deposits, £105,094,000. Government securities. £12,189,000. Other securities, £95,731,000. Short loans, -I. 7 , per cent.; three months’ bills, 51 per cent. Proportion of reserve to liabilities, 23.85. GOVERNMENT SECURITIES. 25 per cent. Consols, £59 15s, cx dividend; rise of os. . ;,3 4 per cent. New South Wales, £86;) ' unchanged. 3) per cent. New South Wales, £9s' ss; unchanged. ... ■ - ' 3 per cent. New South Wales, £7l ss; fall of, £2, 4 per cent. Vlotoria, £94; fall of 2s Cd. - ■ 3’ per, cent. Victoria, £So; unchanged. . 3 per cent. Vicf oria, ,£66 2s 6d; fall of 2s 6d. " ■ 4 per’ cent. JCcw Zealand, £B-j 12s &d; fail of £3 2s 6d. .. 31 per'cent. New. Zealand, £(6 2s 6d; fall of 2s 6d. 3 per cent. New Zealand, £66 2s 6d; fall of £1 17s 6cl. 31 per cent. South Australia, £/4 15s; rise of ss. . > 3 per cent. South Australia,- £6l los; unchanged. 3{ per cent. West Australia, £(7; rise of ss. . 3 per cent. West Australia, £i2; unchanged. ’ 3J per cqnt. War Loan, £B6 10s; unchanged. ' 4-i per cent. War Loan, £O6 10s; unchanged. 4 per cent. Queensland, £9O 2s 6d; , unchanged. 3J per cent. Queensland, £SB ss; unchanged. ' - 3 per cent. Queensland, £67;, unchanged. - ’ . • per cent. Tasmania. los; Tinchanged. 3 per cent. Tasmania, £6c ; unchanged, ! BRITISH TRADE. , ‘ LONDON, Sept. 7. ! British imports for August Increased £6.715,815, exports £15,281,468, and ' ae-ex ports £414,737, as compared with the previous August. BANK OF AUSTRALASIA. ' : LONDON, Sept. 7. The Bank of Australasia has'declared a dividend of 14 per cent. - , a bonus or 12s, has added £30,000* to tho reserve and carried forward. £121,700. ; lqndon'markets. LONDON. Sept. 7. Wheat.—Quiet; buyers are. reserved. Flour. Firm; consumption and de- - maud- are steadily increasing; Australian, 50s to 51s. Oats’.—Firm, tending to- go upwards. ■ Peas and beans.—Firm and unchanged. ■ At the wool sales there was keen bidding and hardening of. price for all crossbreds and merinos. The Bradford market is strong with a hardening tendency; and firm inquiry, but the turnover’is limited ; 40’s, 37d. , At the sheepskin sales 3000 bates were catalogued, of which 113 were New Zealand; all prices were tho same SS Butter .—Dull; Danish. 194 sto 1965; New Zealand, nominally unchanged. Cheese. —Very firm ; New Zealand, 102 s to 104 s: It is reported that the Government has purchased 2.000,0001 h. from Australia at Bcl or Sid f.o.h. Sugar.—Unchanged. Cooper.—Spot £lO9 ’ los, three months £lO6 los; electrolytic, £l3l. Lead. £3O 03 and £29 10s., Spelter. £4B 10s and £4l 10s. Tin. £l7O 15s and £l7l 12s 6d. Silver, 33 5-16 d. AMERICAN CROP PROSPECTS. GREATLY REDUCED ESTIMATES. (Received September 9. 11. 00 a.m.) WASHINGTON,,* Sept. 8. The Bureau Crop Estimate announces fhat nearly all estimates have declined during*tho month, wheat by forty-three, million bushels, oats forty-three millions; barlev eleven millionsMihe spring wheat estimated production ,Js 156 million bushels, compared, with the August forecast of 199 millions, Tho report says there will be enough barley and spring wheat for home consumption.