COMMERCIAL

North Otago Times, Volume C, Issue 13146, 29 August 1914, Page 6

COMMERCIAL

MONEY AN I) MARKETS.' , (l'or Cublo,—l'ross Associnlion.—Copyright) Bcccivcil August 28, 6.20 p.m. LONDON, August 27. The weekly returns of the Bank of England is as follow!): Gold coin and bullion■ £42,74;i;(J00; reserve, £2(i,i>52,000; proportion to liabilities, 17.Sii; notes in circulation,.£3s,9ll4,•' 000; public deposits, £21),887,000; other ;deposits, ,£12i1,893,'01)0; public securities £21),77!),000; securities,,;oo9,9os,ooo.: ,

Sh,ort loans—;) per cent; three months' bills, o{ per cent. l'ig iron SI/-; foreign granulated su : gar, on, spot, 2D/0, The Bradford wool is stagnant, except for Government requirements.

Butter is quiet. There have been fair arrivals of Dutch, Danish, ami Irish, but few Australian,' The latter,-salted, 110/- to 124/-, unsalted MS/- to 12(i/-; Danish 128/- to .1112/-; Now Zealand, nominal 120/- to 12!)/-, Cheese isquiet, A few New Zealands offered soldiColoured 70/-, whito 72/-; Danish 80/to 84/-; a few Australian Cumberlaiids, 72/- to. 70/-. ' '

.Received August 28, 8 p.m. LONDON, August 28,

Wheat is lirm,on a sharp American, advance. Sellers are asking'more, but the demand is inactive; Australian, landed, 45/-. Flour is linn: Australian iu store 1)4/- and ,')5/-. Oats are slow: , t 'iII r ■ 1 New Zealand (iartons alloat'2!)/-. Peas ami beans are Hat, and upminally iun-. changed.