COMMERCIAL.

New Zealand Herald, Volume XLIX, Issue 14894, 20 January 1912, Page 5

COMMERCIAL.

CONDON MARKET REPORTS. MONEY AND PRODUCE RATES. 1 ,i'jj, Tdejrr«ph.—rress Association.—Copyright. (Received January 19. 8.20 p.m.) ;•..•_. London, January 19. BANK OP "ENGLAND RETURNS. ■ The Allowing nro the Bank of England returns for the week Coin, £36,451,000; -aaerve, £27,713,000; proportion of re- ' - set ve to liabilities, 48.94 per cent, notes in circulation, £28,044,000; public do\r' posits, £16,984,000; other deposits, ■ Government securities, Ujg'27o,ooo; other securities, £31,655,000. -i^;:''; MONEY MARKET. ' Bank rate, 4 per cent, ■ ! ' ' Bdort loans, 3-£ per cent. ; Three months' bills, 3$ per cent. J ' Jaris rate, 3g per cent. \. ' Berlin rale, 3 per cent, •; " CONSOLS AND COLONIAL STOCKS. ..,' Consols are quoted nt £77 7s 6d, a de- ; ' grease- of 27s 6d on last week's quotation. v'+.'T' New Zealand, 4 per cents., £105; 34 * ? 'cents., £97 10s; 3 per cents., £87 10s. . ¥?U compared with the quotation of January 5, the 4 per cents, are unchanged, and the other stocks are both 20s higher. ■r Other stocks are unchanged. , „/ PRICKS OF METALS. Copper: On spot, £62 16a 3d; at three months, £63 12s 6d. Tin: On spot, £191 10s; at three ■ .i months, £188 ss. • Iron, 498 3d. ,- , WHEAT AND FLOOR. The wheat markets are firm, and there ''J is an active demand for cargoes. Two Australian cargoes sold at 36s 9d, three - Tat 37s one at 37 6 3d; 16,000 quarter* at f Vl 4bte«' ports, ; January shipment, 375; •^■'-■s''.flflM : quarters, South Australian, January t'-•■ sbioment, 37s 3d. For Australian on spot there is a moderate demaffd at 38s, and 'for' New Zealand longberry at 36s 6d, short 365. ■ '' , , __ In tho flour market spot sale* are alow. f Australian, 25s to 25s 3d. | ...... OATS. ,New Zealand oats are held fox high prices. La PlaU January-February shipments, 16a 9d. '; PEAS AND BEANS. .; Few are dull. First New Zealand, March-April shipment, 37s 6d. . s i V ■■'- Beans are firm, and stocks axe small. '< ; • New Zealand, in store, 36s to 36s od. ■r-^t,■:;'"'-■ ' SUGAR, '-'T . ■ German beet, 15s 7d; first marks, 17s 'h. _____ ; ; '■■,' i *;■'.■■ V.\"i ; ' ' ' ; " ' 3 ' LONDON WOOL MARKETS. London, January 19. ' ■*■ At the wool uales Continental buyers m» competing for fine wool*. Prices are unchanged. * . (Beceiwl January 19. 9.15 p.m.) '-, London, January 19. The Bradford wool market is firni; sixtyioure, 25d; eupet sixties, md; common Sixties, 24d; fifty-sixes, 2fjd} fifties, . *BJd; forty-sixes, 14|d; forties, 1348. ■■■~('. '"",' . ' ' ' ', The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London I bouse under date 17th inst:—" Wheat: We have sold an Australian cargo at 56s 9d cif The market is quiet, but steady, and prospects are not likely to improve at present. , . Messrs Dalgefcjr and Company. Limited, -are* in receipt of the following • cable' from their London office under date January 17: L-"Tallow: "Unchanged, but slightly better demand." ' ' ■ I :>;s£■■ • -' AUCKLAND FRUIT AND PRODUCE ' REPORT. ■ ! : ;i "' '*,'■-■ . ■■' t • ' ■ - -) , INCREASED BUSINESS. :.■ ■•**•; "' .'A contidersble increased amount ot buBlUMs >•■'•• bat been done in. the fruit and produce market during th 6 part week, and prices have throughout been well maintained. The weather Eos L?*a extremely favourable to both growers and mailer*, aim buyers hove operated freely. ► : (topes'an temporarily lower in price . NeoU.,'lines are Just coming in; apnects are plentiful. So lira peaches and plums. Good samples of large green cooking: apples are in . demand. '"J'whatoe* bate dropped in value, owing to out- •*;-> crop* coming: along. >'■•< r? i , Fairly large quantities of. water melons and . <Jueon«kndl grapes reached the market from Sydney kit Monday, and met with a good demand, especially grapea, which were in much better 'fflmditiois than the previous week's shipment. . I Potatoai are still dull of sale, supplies being in excess of the demand, and any undue forced atlet depredate the price. A good many lines «a the market are blighted. Prospect* of inv - proved, prices are slightly brighter. ,( There is a good demand for onions, and In- , quiriei from the South are enabling broken to maintain fiim values. The values of Victorians have hardened since the last report. ' Butter and fresh eggs are both in good demand, and selling well. ' Poultry it In usual, supply, and prices are satUtoctory. - . :■;■"•■» Vegetables of all varieties and cucumbers are ,in large supply, and clearances are made at satisfactory prices. , * >,; ;■;.-■ FIELD PRODUCE. "' , ' Potatoes: Local, prime, £3 10s ton; medium, ' £2 IS* to £3 ton. Onions: Local, 9s 6d to 10* ; cwt; imported, 15s to 15s 6d. '""""" DAIRY PRODUCE Butter; Farmer*', in prints, 9d to 9£d lb; '. pflrao farmers', bulk, lOd. Fresh eggs, Is dozen. <'\ FRUIT. i> Apples: Local, coloured, extra superior, 7s to' ■'X-' ;.Bs cms; good, 5s to 6»; cooking, prime, 6s to 7g 1: M; medium, 2s to 2s 3d box. Plums: English ' ' ' varieties, 2s 9d to 4s case; Burbanks, best, 2s: ; togi 9d; others. Is 3d to 1* 6d; Ogon, Is 6d. •,.,Peaches: Coloured, prime, flessert, 7s to 8s case; ; j : good! 3* 6d to 4* 9d ; others, 2a to 3n. Apricots: :' -Best, I "ss to 5s b<l case; good, 4a to ,4a 6d. %■':'-■■■■■ -Nectarines: No. 1, 7e case; good, 5» to 6s 6d box. ■ Grapes: Hothouse, 7d to 9d 1!>. Toniatwe: Hot-'-jiouts, 5d to sjd lb; outdoor, 4d to sd. Oranges: , Frisco, 14a 6d to 16s case. Lemons: Local, prime, 7s to B* case ; good, 5» to 6s ; local, rough »nd coarse, 3s to 4a. Melons; Water, 2s 6d to. a4d each. Walnuts, 7|d lb. Peanuts, 2id lb. ~ , . POULTRY. .Hem, Is 6d to 3s each. Table roosters: ./'.Young, up to 3« each. Ducks, la 3d to Is 5d etch.. Chicks, fid to 6d each. Turkey gobblers, "P to 10» each. Turkey hens, 4* to 5s fid each. ■ . HIDES, SKINS, AND TALLOW. '_»ttssr*. Dalgety and Co., Limited, Auckland, "Port having held their usual weekly stale <>J M*», skins, tallow, etc., on Tuesday, January 16. ! .;;,.* Hides: Market firm, at late rates. We quote:— ; -.. ,«*: Extra stout to 7jd, stout 7d to 7i<J. medium j ■ : 'WU> bid, light 6d to opd. Cow:' Best lines -> 1? "* d > good 6;jd to bid, seconds 5d to 6d. «*«». 4Jd to sd. Kips, Cjd to 6id. Calf: W« lines to 3,jd, good 6Acl to 7i«l, meaty 5d to W. Cut and damaged, 4d to sd. ■I Sheepskins: Market nrni. Best butchers' skins I ' *.«> "s 6<J, good 5* 9il to 6» 9d, medium 4s ' < J° .«• 3d. Dry 'is: r*aige to 6s 9<l, medium .;«to St 6d, small 2* 6d to 5s 6(1. Best botchers' **{w and lambs, 2s 6d to 2« Sri. Damaged j ««iuS at lower rates. ' .Tallow: Market linn. Best mixed in shipment casks to 28a 6d, good 26s 6d, medium 2& 6d, ■ •-interior 17s 6d to 225. ' ' fc • , S? n fat, ljd to ljd per lb. ww tails, Is 8d per dosen. r Horsehair. Is 4d to Is lOd per lb. ', Uood dry bones, JK4 17a 6d per ton.

: '. PROPERTY SAXES. ft / M r °perty sale was held at the auction rooms B»?u ui * Lewis yesterday. Among the pro- ' fit u ere '' wag the nine-roomed residence of Nrt ■ »'i *'* *' avr - in Harbour-street, l'onwml>y. o_ satisfactory offer was received, and the lot ,'**» passed in nt £3450. ■ '■= ■'• M* m \f of w^' 1 ' 011 " will be held at Takapnna ; Jtu.fci. noon - The Property (part of the 4,*»- ■ rook estate) has been opened by the ex- . ' "W"J n of Milford Itoaci - through to the lake, ■■' K*«v e , spot '" a " ideal one for a home, close 'L }* * e and beach. The soil i.« volcanic, Zn.T'iJ: 1 " anrt * M are |:litl on - Th « trams J aS»f the Property. Metros. Moffat and Ballard '! '•■ 'tton«er aSCnt( '' and Mr- Warren Bl >' th th « «"c----"«-/iht,iA'ternoon' at three o'clock, Messt*. Smith " U Ih«V™ ,c ? wiU » ell b P ublic miction, on » - ■ lablv^ n^ fc i otahllhu ' tho Taroaki Canal Estate, . wwivWed into 46 home sites.

f ■ .\T !\ vCHRISTCHURCH GRAIN MARKET. iCHRISTCHURCH GRAIN MARKET. I** JELSOBAPH.—PRBBB ASSOCIATION ] 5 %*« . , OHBisTCHtrncH, Friday. I tW i ° " » Rood inquiry for old wheat, though NS - .-a? ?w not inueh offering, farmers holding firmly ft' ' ■5»!J ber £ is. uncertainty regarding the coming 111- '■, * SJra -°.p • lne " 8 pureba*ed during the '?mLz \s* M** » country station. The weather W , ' -SSS? we week has been more, favourable to the Iff * «terf£>?,! th *"*! and to saving the few lotß a-B ;:.,.'■ -~.** x V-cut out* and barley.

,'■■ ■'■■ "■■ ■i"■ii • :: '"■"- 1 '!. Very few new oats are yet on the market. A few galea of Algerians have taken place during the week at 2s at country stations, "«nd it is also reported that Cartons have changed hands at Is 9£d and Is lOd. . . .- , , No business it yet reported to have taken place, in barley. ... . v ._.,., Grass seed la likely td be *. fairly plentiful ■ crop this season, but, like the grata harvest, « Will be later than usual. •'-■■.'*' WHEAT PRICES ADVANCING. \ By Telegraph.—Press Association.— (Received January 80, 12.45 a.m.) g . Svdnkv, January 1% Wheat has advanced Id per bushel, and bran and 'pollard, have advanced 5s per ton. COMMERCIAL BANKING COMPANY. By Telegraph.-Press Association-Copyright. (Received January 19, 8.30 p.m.) Svft»KT, January 19. J At the half-yearly meeting of the %>™™ l™ 1 rafe of 10 ner cent wa* declared, and H ws*.decjaed *V" C niC fl nd capital from a million and ahali to a million and. three-quarters, '■