COMMERCIAL.

Auckland Star, Volume XXII, Issue 309, 31 December 1891, Page 4

COMMERCIAL.

Evening Stab Office, Auckland, Thursday.

TftKttE is very little to report this week, and the markets are of a holiday nature. There is practically nothing doing, except in the retail trade, and wholesale business is entirely devoted to small sorting up lines. The Exchange has been closed up during the week, and work at the .mines is suspended until after the holidays. Bank Rates. —Exchange on London. Buying: Demand, -J p er cenfc - discount _: 30 days, § per cenr. discount; 60 days, g per coot, discount, ; 90 days, li per cant, discount. Selling : Demand, lg per cent, premium ; 30 days, 1J per cent, premium ; 60 days, g pel' cent, premium ; !)0 days, 3 percent, premium. Fixed deposits : Throe months, 3 per cent.; six mouths,4 percent. ; twelve months, 5 per cent, me Associated Banks, Melbourne, hnve adopted the following exchange rates on London for bills ut pixty.days' sight, on and from 4th December:—To buy, 12a.6d discount ;to sell, 7.- 6d premium. The buying rate was previously 10s per cent, discount The Belling rate is unal'ered. Eocs.—'lhe supply is very plentiful, and a fall in price ha? taken place. Eggs (wholesale) are quoted uc 10d por dozen, and retail 13. Butter. — Prices have also dropped. First quality (wholesale) is now quoted at 6d par lb, and second quality, 4d ; retail, first quality, 8d ; second qualicy, 6d. and Sharps.—Both continue to be Bcarce. Rick.—-T/10 upward movement ii: ' the market continue?. Tobacco.—The ' Derby brand is very Bcarce and unprocurable. . "Wheat.—Fowl wheat io scarce.