BANK OF ENGLAND RETURNS.

Press, Volume LI, Issue 15339, 24 July 1915, Page 12

BANK OF ENGLAND RETURNS.

(By Cubic. —Prc-as Association.—Copyright.' LONDON, July 22. j The Bank of England returns issued ; on Wednesday. Jnly 21st, afford tho j following comparison:— | July 14. July 21. £ £ | Coin . •• 5-2,1-ii.O.JO 33.460,000 i Reserve -. • • 37.082,000 44,102,000 . Proportion ol reserve to liabilities . •- H. 37 I*M Circulation .. .. 14.05.000. 33,774,000 Public deposits .- 62,987,000 1C»9,2-:6,000 Other deposits .. 157,931,000 134,620,000 Government securities 51,748,000 53,158,000 Other securities. .. 140,021,000 164,567,000 The largo changes in the deposits and securities are due to subscriptions to the war loan. Short loans \\ per cent., three months' bills 5 per cent. GOVERNMENT SECURITIES. Tlio following aro tho latest quotations for Government securities, with a comparison with those ruling last -.-.reek :r~ . . I/-U Valuation. weak. £ t. d, £ «. d. 2-i per cent. Imp. Cons. £-5 0 0 65-10 0 . N.S.W. 4'b, 1933, J*n.----i Jjv .. 35 0 0 So 1 3 i N.S.W. "si's, ldio-SO .. 95 0 .0 95 8 0 i X.S/VV., 3Vs, 1020-S0 .. ?*a 5 0 83 5 0 ! N.S.W. 3'e, 1325. Apl.- '- __ , ! Oct 73 0 0 ■• 78* 0 0 Vie. 4V, 1920, Ja_.-J"y. 95 0 0 OS 7 6 Vie. 34's, 1921-26, "m.JIV . .. 01 7 G 91 5 0 Vic.'3's '" .. .. 76 0 0 7G 0 0 Ql.«L4>.t P 15. 3S| Ju. 1 -■ ' g5 2 6 o . 0 0 ' Qland 3'«, Jan.Jly .. ... 74 10 0 74 10 0 N.Z. 4'«. 1929, MayKov. -• .. 95 0 0 05 0 0 N.Z. Si's, 1920, Jan.Jly ' •• .. 82 5 0 83 6 3 N_ S'sl 1940, Jan.-Jly. 76 2 C 76 0 0 S.A.. Si's .'■ •• S 5 6 °' S n A S.A. .Ts„ 1933, Jan.-Jly 7» ° 0 70 » * Toa. 35'« -. .. E5 5 0 8o 10 0 Tw. 3*. 1920-40, Jan.- „'„--« j_-_ 76 1 3 76 2 6 W.A. Si's. 1915-35, MayNoV - •■ •• 87 10 0 87 10 0 W*A. 3's, 1915-35, Ma.y- I Nov- •• .. 82 0 0 82 0 0 SHARES. Waihi. 36a 3d to 3Ss H; Grand Junctions, 20s 7d to 21s lOd: METALS. Copnor—Cash, £75 ss.'£7o 10s; three months, £7G 12s Cd, £76 17s Cd. . Tin—Spot, £103, £165 10s-; thrtje months, £161 los, £162 ss. Lead—£24 10b. £24 15s. Silver—22 7-16 d. DAIRY PRODUCE. Butter—Danish'is very firm, owing to tho strong demand from Germany and ■'. Holland. whero foot and mouth disease is prevalent. Colonial supplies are practically exhausted. Australian is nominally 13Ss to 1425. Cheese—-Tho market is very slow. New Zealand, 76s to 78s; Queensland, 745. to. 765. BRADFORD WOOL MARKET. : The Bradford market is steadier, and a more cheerful tone prevails. Quotations:—64V 42d. supei- 60's 41$ d, common 60' s 40d, 56's 35d, 50's 31d, 45's 27d. 40's 2od. CEREALS. ' Wheat—The market is quiet and steady. . — - Flour—The market is firmer: Oats—The market is steady. New Zealand 375, Bahia Blimca July-August 25s 3d. - Peas and Beans—The market is firm at full prices. LONDON WOOL SALES. LONDON, July 22. At the wool sales there'was keener gerioral competition, and prices all roUrtd showed a hardening tendency, except for shabby descriptions. The following pricea w«re realised for th© fleece portions of the New Zea-1 land clips named:—Tokomaru top 17£ d, average 16Jd; Gorald top 14d, average 12d. Tho sale included 1213" hales of English wool, which was mostly withdrawn. Washed Harapshirodown made 23d, and greaay 16id. HIGH PRICED. BEEF. SYDNEY, July 23. A further beef record has been estab- . lished at Homebush, bullocks realising l £46 per head. MELBOURNE MARKETS. July 23. ' Wheat, 8s Id to 8s •3d per bushel; flour £17; oats, Tasmanian and New Zealand 5s 3d to 5s 4Jd; CMlj 4s 9d to 4s lOd; Japan (nominal) 4s; maize, 5s to 5s Id; bran, £10 ss; pollard, £11 ss; potatoes, £8 to £§ 10s; onjons £7 10s to £8. Messrs Dalgety and Co. havo received the following cablegram from their London office,- dated July 21st:—"Tallow —The prico for mutton tallow is unchanged. Other sorts are threepence to sixpence per cwt dearer.'? GRAIN AND PRODUCE MARKETS. (UT OCa COiUSERCIAIi EDITOR.) Friday Evening. The local grain and produce markets arc- still in a very dull stato. Tho fact thai flour has been reduced another 10s pef ton, and is now quoted at £16, has naturally tended to make the tono of tho-wheat market easier. There ig nothing doing in oats, and oatsheaf chaff is in rather less demand, while there is no enquiry for oat-straw cJiaff. Tho potato market is quiet, and buyers aro now offering only £5 10s to *£5 los, but growers are still holding firmly. There 'is little enquiry from th© North Island, and th© Auckland market is said to be still well supplied with potatoes from the Wellington province. There is little demand for shipment to Australia, as there is still a large quantity in store, sufficient it is said to supply shipments at the present rate until the end of August. Onions are firmer, and are now quoted at £4 os at country station*. The following are the prices paid to farmers, at country stations, free of commission, sacks extra, except where othenjise stated*— Wheat (nominal) —6s 6d to 6s 7d. Oats (nominal)—Gartons 4s, Algerians (nominal). Barley (nominal) —Prime malting 5s Id to 59 3d: medium 4s 6d to ss. Flour—£l6 f.0.b.: 1001b bags £16 10s: 501b bags. £16 los; 251b bags £17. Los per ton, local: --*■■ • for shipping. Pollard—£9 10 3 per ton. Oatmeal—£23 per ton. Oatsheaf Chaff—£7 15s per ton.

Oat Straw Chaff (nominal)—£4 per ton. v M Wheat Straw Chaff (nominal)—£3 per ton. Potatoes — to 10s to £5 los per ton. Onions —£4 5s nor ton. Ryegrass—os to os Od. extra to 6s. White Clover—ls to Is 3d. Cowgrass —7d to Sd. Peas—Partridge, os Od to 6s. . Cocksfoot—6d to 7d per lb. DAIRY IPRODUCE. There is no change in dairy produce except that eg_s are easier. Local wholesale prices aro reported as under: — ■ Butter— Factory, Is 6d-tp Is 7d; farmers' separator. Is 3d; dairy. Is 2d. Cheese—Fr.ctorv. 10d ; dairy, M; loaf, *od. _ , Bacon—Sides, o'd; rolls. 10. _ ; ham, J'id. Honey—Extracted. &%d per lb. Eggs—-Is 3d per dozen. FRUIT AND "VEGETABLES. Fair supplies of local fruit and vegetables have come to hand during the week. Shipments of Australian fruit have been light, and the demand keen. Marmalade oranges are- very scarce. Wholesale prices are: —Anples, dessert, 2'd. cooking 2\d : pears Id to I'd per lb, oran.-es !)s to 10s. mandarins 12s to 133. marmalade oraraes 12*. Od to 13s. bananas 13s'to lis Gd, pineapples 13s. lemons 14s to 10s per ease. Potatoes 11« to l-« per sack, cabbages Is to 2s, cauliflowers 3s to 4s 3d, carrots 7t£ tnrnins Bd, parsnips Sd'per dozen : onions 5 S Gd per cwt. COALOATE MARKET. At tiie Coalgate market yesterday, the yarding totalled 2190. only 40 beinj--in the fat pens—all ewes. The stores consisted of 124'i0 lionets, 840 crossbred ewes in lamb, and 50 wethers. The bulk of the entry was of a poor class and low in condition. There was a moderate attendance, hut bidding was lacking of spirit, and the greater portion of the entry was passed at auction. Prices , were:—Fat cw,os 17s to 28s (kl, two-tooth crossbred ewes in lamb 21s 6cl, mixed ages (ditto) los to JS S 3d, failing-mouth (ditto) 14s 6d, cull (ditto! 6s 3d, potters 5s 3d, wether hoggets 8s to 8-*-Bd. ewe hopgets (small) lis 8d to 13s Gd, a lino of 130 from Mr Godfrey Hall 10s Id. RANGIORA HORSE FAIR, Thar© was an entry of 27 horses at ' Tattersall's Horse Bazaar, Rangiora, yesterday. Tlie demand - was poor, and : low prices ruled. A five-year-old'half-draught gelding brought £29, an aged draught gelding £25, and medinin half- ■ draught mares and geldings brought from £8 to £17 10s. TIMARU GRAIN MARKET. (SPKCIAL TO "THE TRESS.") TIMARU, July 23. Business is comparatively qitiet on tho local grain market. A few lines of wheat aro offering, but vory few are soiling. Holders generally are asking 7 a per bushel, but in view of the fact that tho Primo Minister's option over a million bushels of Canadian wheat does not expire until the end of this month, buyers are inclined to hold off, as if this option is ta_en advantage of, it will affect the price of locally-grown wheat. The lowering of th© price ot" bread and flour has also mado the wheat market a little easier. A line of Tuscan was sold in Timaru yesterday nt Cs 6d - on' trucks, but this cannot bo taken as a criterion of values generally. The oafc market is very dull locally, as most of tho business in this cereal is being done from Dunedin. There has come a sudden cessation in tho shipment of chaff to Australia, and values have dropped accordingly. This i-j attributed to two facts: (1) Insufficient care in sending aivay only chaff of good quality, and (2) the fact that Australia has got from America largo quantities of oaten hay. which is very much better than New Zealand wheat and straw chaff. Tho potato market, is not quite-so firm ns it was. To-day's quotation is £G par ton* on trucks country stations. SKIN SALE. (PK-SS ASSOCIATION TELEGRAM.) ■OAMARU, July 23. A very successful salo of sheepskins, . wool, etc., Vivas held to-day, when a large catalogue, comprising six thousand sheepskins and. seventy bales and , 250 bags of wool, was submitted. Best skins brought lid to llfd. Wool sold at advanced prices. Super crutchings made 12Jd to- 13d, halfbred fleece ISJd to 14-Jd,' croesbred fleec© 13d to 13_d, halfbred fleece 13.d to 14$ d. Prices all roiind were considered highly satisfactory. BAKER BROS.. THE HOME__N3>ERS. Baker Bros, report having lot the following properties:—Leicester etreet, dwelling on account of Miss Graham, to Misa Maddren; Colombo street, residence for "Mrs Tempcrley to Mr Parsons; Torron'i- road, dwelling for Mr Knight to Mrs Aitken; Eaton place, cottage for Mrs Heaton to Mrs Norgat©' Carlyle street, dwelling on account of Mr Bullock to Mr Hines; Papanui road, residenco for Mr Wallace to Colonel Cossgrove; Caversham street, on account of Mr Haigh to Mr Crawley: Chester street, dwelling, for Miss Widdowson to Mr Banfield; Cashel street, dwelling for Mr Bilcliffe to Mr Stout; Edmbur_h street, dwelling and laud for Mr Hill to Mi Mortimer.- 6