THE MONEY MARKET.

Evening Post, Volume LXXXVII, Issue 151, 27 June 1914, Page 6

THE MONEY MARKET.

GRAIN AND FLOCK. Wheat. — The market is lees depressed, but, tlio demand lias not improvi'd. Australian, on llio spot. 38s 3d. Flour.— Tho inurkct in dull with an eusior tendency, Australian, ex store, ,26s 6d Oats.— The mufket a stcatiy. Lv, I'laU,

Juno-July shipment, 15s 10id; Gartoiv*, Junc-Juta shipment, 21s 3d. Boan« end Pea".— Quivt, and prices unchanged. DAIRY PRODUCE. Butter.— The market is very slow. Colonial arrival" are small. Australian 1 ; aro nominally unchanged. New Zea lands aro very scarce. Choicest salted is nominally 110s to 112s; Denish, H6s to 117 p. Cheese. I—-Privies1 — -Privies are lower owing_ to inferior auality. Now Zealand, white 63«. coloured 64s BRADFORD TOPS. There is little bu&iiU's:* doing. For merinos there is fair enquiry; crossbrod-* are slow. SUGAR. Ceririan Tmjcl sugar, 98 per cent, n * titre, is 9s 2^d per cut; first, mail, t granulated, lls 3|d per cut, f.o.b. IlamUlff " THE METAL MARKET. Silver.— Bar silver i« quoted at 25 15-16(1 per ounce standard Copper.— On the spot, £60 2s 6d per ton ; at three month*. £60 15s ; clcclroJ3 tie, £63 ss. Tin.-— On tho spot. £135 10s per ton; at three months, £137 ss. Pig-iron. — Middlesbro' No. 3 51s 2d per ton. x , LONDON MARKET. Messrs. Dalgoty and Company, Ltd . Wellington, have received cable adviiv from their London office, under dale 25' li instant, as follows :— "Frozen Meat. — 'Market dull at last quotations. Sheepskins. — Merino (Australian), combing sheepskins, id per lb higher ; merino clothing, prices unchanged ; crossbred combing, id higher ; ■ crossbred clothing, id to £d higher ; inferior crossbred combing, id higher; 5700 bales were offered, and practically all I wore sold. Tallow. — All descriptions par to 3d per cwt lower." The Bank of New Zealand has received tho following cable advic.o from, its London offide, dated tho 26th inst. : — "Compared with tho average of lank sales prices for practically all kinds of woollcd sheepskihs are 5 per cent, higher, ami for short and shorn crossbred skeopskins prices aro 5 per cent, lower." Messrs. Dalgety and Company, Limited, Welling! 911, report: — At thciv Upper Hutt sale held on Thursday, they offered a good ontrv of both sheep and cattle to a large attendance of the public. All classes of sheep met with keen competition) and there was a good demand for storo cattle, the demand for dairy cows having slackened off since last sales. Quotations as under: — Fat wethers 22s Id to 23s Id, and 2 and 4-tooth mothers, to £1. Fat ewes to 20s Bd. Ewes in lamb, to 17h. Forward lambs, to 14s 6d. Woolly lambs, to 12a lOd. Cows at drop, £7 15f, £9, £11, to £12. Springing heifers. £3 Is, £3 7s, £4 12s, £5 10s, "to £7 ss. Fat cows, £3 18s. £5, £5 10s, £5 lls. to £7. Two and n-hsilf year steers. £5 12* 6d. Yoarlings, £2 5s 6d. £2 16s, £2 7is 6d. Eighteen months' heifers. £3. £3 Is. £3 7s. Store cows, £2 10s to £4 Bs. Bulls, £4 2s, £5 14s.

ThiH Lust, Lait • week, wpck. yenr. percpnt, percent, percent Bnnli rate , .. 3 3 4£ Bank (if l<Vnnt'« 3J 3^ 'I Imperial Hank Germany ... 4 4 5 Short lonni . . Z<l 12 32 Thrco mouths' bills — Loiiflou ... 2 7-16- 2i 4g J'nrls , ... 2^ 2!, 3^ ' Berlin ... ,3 3^54