COMMERCIAL.

Wanganui Herald, Volume XXXXV, Issue 13166, 10 September 1910, Page 8

COMMERCIAL.

BANK OF ENGLAND BETURNS. Press Association.—Telegraph.—Copyright. LONDON, September 9. Bank of England returns Gold coin. £38,141,000; reserve. £29,688,000; proportion of reserve to liabilities, 52.06; in circulation, £28.203,000; public despoist, 16,863.000; other desposits, £40,149,000; Government securities, 15,8/5,000; other securities 29,695,000. MONEY MARKET. Bank rate, 3; short loans, Ig; three months’ bills. 3; Paris, 2J; Berlin. 33. CONSOLS AND COLONIAL STOCKS. Consols. 80J. New South Wales 3’s, 861. Victorian 3J's, 98. Adelaide 3’s, 83;. Queensland 4’s, 102; 3Vs, 98; 3’s. 85. New Zealand 3’s, 86J. Other stocks are unchanged. HOME MARKETS. Butter is firm and quiet. A few lots of stored New Zealand choicest are selling at 112s to 116s: Australian. 108s to 110. Secondary is neglected. South Australian sold at about 106s. Copper—Spot, 553; three months. 561. Tin-Cash. 163 - Lead—l2 7-16. Spelter—223. Iron—49s 6d. Sugar—German, 12s Ud; first marks, 16s id. The Bradford wool market is firm. Forties, 15d; 46's, 17d. Others are unchanged. BANKING. The Bank of Australasia has declared a dividend of 12 per cent, and a bonus of 16s, added £50,000 to the reserve, £IB.OOO to the premises’ account, and carried forward £15,000.

AUCKLAND SHARE MARKET. (Per United Press Association.) AUCKLAND, September 10. The business done at the Exchange this morning included:— Hauraki—4s 4d. Tairua Broken Hills—ls 9d. Talisman Eights—2ss. Waihi—£6 18s 6d. Grand Junction—29s, 38s 9dHandsworth—7d. Crown—4s 3d. Crown Options—2s Id. Ross—4s. 4s Id. New Zealand Insurance—S2s. Milne and Choyce (pref.)—2ss. New Zealand Cement—3Bs 6d.

JACKSON AND CO.’S HORSE FAIR. Freeman H. Jackson and Co. held their horse fair to-day, when there was a good entry in all classes. There was a large attendance, one Melbourne buyer in particular operating very freely. Up to the hour of going to press, hacks (broken) had been selling, according to class, at £4, £6, £9 2s 6d, £l3 ss, up to £lB. A number of unbroken harness horses changed hands before the sale at from £ls to £2O.

DALGETY AND CO.’S WAVEELEY SALE. At Messrs Dalgety and Co.’s Waverley sale held yesterday no shec-n were sold. Cattle were sold as follow:—Weaners, to £3; springing heifers (good), £5, £5 ss. £5 10s, £6, £6 16s, to £7 2s 6d; springing heifers (backward sorts), £4, £4 ss, £4 10s, £4 16s, to £5; dairy cows. £4 10s, £5, £5 ss. £6, £6 10s, to £7 7s. At the firm’s Waverley sale at the corresponding time of last year, springing cows fetched from £4 5s to £4 10s, forward empty cows to £5 2s 6d. and springing heifers £2 14s 6d to £2 19s.

LONDON MARKETS. The N.Z. Loan and Mercantile Agency Company, Ltd., are in receipt of the following cable advice from their London house, under date of the 7th inst. Tallow. —We quote present spot values for the following descriptions-Good mutton, 38s per cwt; good beef, 375; mixed, 35s 9d. Market active. Wheat sold at 35s 9d c.i.f.. New Zealand cargo. Market firm. Good demand. Market prospects for Continent outlook uncertain. Oats—Gartons. 18s 6d; sparrowbills. 17s 6d. Market firm. Fair demand. We quote per quarter, c.i.f. New Zealand wheat, long-berried 32s 3d, short-berried, 31s 9d. STOCK AND SHARE QUOTATIONS. Messrs Fairburn and Silk, sharebrokers, Wanganui, report as follows: INVESTMENT STOCK. BARKS Ee'lers. Buyers. £sd £ s d New Zedatd .. 10 10 0 Natioral INSURANCE New Zealand ..4 2 6 4 1 0 South British .. 3 8 0 National COAL Westport .. 6 H 0 Westport Stockton .. 7 6 7 0 MINING New May Queen New Sylvia New Saxon .. 16 15 Old Hauraki Ross Goldfields .. 4 1 4 0 Tairua Goldea Hills .. Talisman Cocs’d .. 2 13 0 212 9 Waihi .. 6 19 0 6 IS 0 Waihi Cons’d WoihiG’nd J’ct’n .. 119 0 1 18 9 The mining quotations are these ruling in Auckland to-day.