COMMERCIAL.

Hawera Star, Volume XLVI, 7 August 1926, Page 8

COMMERCIAL.

LONDON MARKETS. Received 1.10 p.m. to-day. . LONDON, Aug. 5. The price of gold is 84s IOJ-d per ounce. FOREIGN EXCHANGES. Brussels, franc 174.50; Paris, franc 173.50; Stockholm, kroner IS.10; Oslo, kroner 22.20; Copenhagen, kroner 18.34; Berlin, mark 20.42; Rome, lire 140.00; Calcutta, pence 17 31-32; Yokohama, pence 23 7 10; Hong Kong, pence 26'., Montreal, dol. 4.551; New York, dol. 4.50 5-1(5; Amsterdam, fl. 12.111; Batavia, fl. 12.00.—Au5.-N.Z. Cable Assn. BANK OF ENGLAND RETURNS 1 Received 2.15' p.m. to-day. LONDON, Aug. 5. Bank of England returns: — Issue department.—Notes in circulation, £142,503,000; notes in reserve, £28,832,000; total, £171,335,000. Government debt, £11,015,000; other securities, £8,735,000; gold coin and bullion, £151,585,000; total, £171,335,000. Banking department..—Proprietors ’ capital, £14,553,000; the rest, £3,5(30,000; public deposits, £8,367,000; other deposits £1 15,492,000; seven day and other bills, £3,000; total, £134,975,000. Government securities, £36,340,000; other securities, £68,544,000; notes in reserve, £28,832,000; gold in reserve, £1,259,000; total, £134,975,000. Proportion of reserve to liabilities 25.7; short loans, 4 per cent; three month bills, 4 5-1(5 per cent. —Aus.-N.Z. Cable Assn.

DAIRY PRODUCE. The N.X. Loan and Mercantile. Agency Co., Ltd., reports having received the following cablegram, from its London house under date 4th inst. : New Zealand Butter.—Choicest 171 s toT72s. Market is firm. Danish, 180 s. Australian 168 s. Cheese. —White 86s to 87s, coloured 81s to 82s. Very slow. WESTFIELD PRICES. AUCKLAND, Aug.. 4. At the Westfield sale to-day there was a small yarding of ox beef, but the quality and finish was exceptionally good, with a decided improvement in all classes, light cattle being the. best value per 1091 b. Cows and heifers were penned in average numbers, the prices also showing a slight improvement. Extra, choice and prime ox made 36s per 1001 b, choice and prime 33s 6d to 3-js. and just killable 29s to 31s Gd. Prime young cow and heifer beef was worth from 27s to 30s.

There was a large yarding of sheep, there being little or no change in values, but the sale eased slightly toward the 'finish. . Extra heavy prime wethers made 31. s to 365, heavy prime 32s to 33s 9d, medium 29s 6d to 31s 9d. small and unfinished 21s Gd to 245, best heavy prime ewes 245. medium 21s to 22s Gd, light and unfinished 16s to 19s.

Pigs.—An average yarding, which sold readily under keen competition. Choppers made £3 10s to £6 12s, medium and heavy baeoners £4 10s to £6 4s, light baeoners and heavy porkers £3 10s to £4 2s, and medium and light porkers £2 18s to £3 6s.