COMMERCIAL.

New Zealand Herald, Volume XLIX, Issue 15140, 2 November 1912, Page 5

COMMERCIAL.

'I; LONDON MARKET REPORT.

I; , jone and PRODUCE RATES. By X # lr*ph.-Prciß AmeUtjon.— (R«oeived November 1, 9-'K p.m.) London, November 1. BANK Or ENGLAND BOTTOMS. Tar- following aro the Bank of Englan ' - iZm* for tho week :-Cosn, £35,902,000 ■ reserve, £27,198.000; proportion of fesery V t liabilities, 47.70 per cent, ; notes ii ■ circulation. £28,589,010 ; public deposits . ' £11,75:1,000; otter deposits. £45,245,000 Government securities, £13,038,000 : 'othe securities, £34,'333,000. MONEY MARKET. ,; J Hunk rate, 5 nor cent. ;• • Short lwvns, 41» per cent. Three months' Ir'J*. 6 per cent. Paris rate, 3i per cent. Berlin rate, 4* per cent. CONSOLS AND COLONIAL STOCKS. Consols (last quotation, October 26. £73) £73 15s. „ t Victorian 3 jj" cents., £79. West Australian 3 per cents., £84. Other stocks are unchanged. PRICES OF METALS. Copper: On spot- £75 2s 6d. three ! months £75 15s. Iron, 675. Lead, £19. Tin, £229 s*. Wolfram, 31s 6J. BUTTER. Butter is dull and there is a downward tendency. Tlio favourable weather is pro ' during plentiful supplies in England and on the Continent, especially in Franco. A few choicest new Australians are selling ■ at 118s to 112s. There is no inquiry for store. WHEAT AND FLOUTWheat is quiet and buyers aro reserved. Sellers are asking 38s 9d for an Australian January-February shipment, and . 38.< 6d for a 'February-March shipment. '' Liverpool futures :' December, 92|d ; March, ' 9l?d. '' , Flour is dull, and unchanged, but is tending to beccmo easier. OATS A'.VD BARLEY. - Oats are dull. La Plata, new crop. DeJanuary shipment, 17s 3d. Barley is quiet, and firm. SHEEPSKINS. At the sheepskins sales yesterday 5044 bundles of Australian and 1157 bundles of New Zealand were' offered. There was a large attendance, and spirited competition. Nearly everything was sold. Merino combings and fine crossbreds advanced from ■id to Jd. Others aro practically unchanged. BRADFORD WOOL MARKET. The Bradford wool market, is stagnant and unchanged. SUGAR. Sugar : German beet. 9s 4d ; first marks, lis 6d.

The New Zealand Loan and , Mereantil Agency Company, Limited (arid reduced has reived the following cablegram fron its London, house under yesterday' date : —Sheepskins : Merino and crossbret fine are slightly dearer. Market linn fo '• others. Messrs. Dalgetv and C ompanv, Limited have received the" foil"-ring cablegram fron their London office, under dat 3 October 30 ( 1912 —Tallow : Medium and inferior de ' ecriptiona, unchanged; mixed, good t< prime, 3d lower. Best quality buyers art waiting' for lower prices. Under date October 31, 1912 :Frazcr meat market, very quiet: mutton un changed; lamb unchanged; beef, par tc per lb lower. Sheepskins : Merino full-woolled, id higher ; ' crossbred full•woolled, -id higher; crossbred co»ise and ... . medium, prices unchanged ; crossbred halfwoolled, par to -jd higher : short wool and s shorn pelts, par to -Jd higher crossbred . pelts, prices unchanged. The butter market is dull and lower. We export rather lower prices. Tho total imports of .butter into the United Kingdom for the week ending last Saturday amount to 65,<J0f)cwt, as against 56,000":wt for the corresponding period last year. We quote : Danish, 130s; finest Australian salted, 1225; un ted, 12<ts. Tho cheese market is very dull, tending downwards at 655. FRUIT AND PRODUCE MARKETS. Business in the fruit and produce market during the week, considering the time of year, has been again fairly good. Very little imported fruit has come tc hand, and a good demand met the Email shipments ex tho Victoria last Monday. Sydney mandarins are getting dry, and the competition in consequence is "going off, while oranges are celling well. Canadian apples are short in supply, and a better and increased demand lian set in. Fresh arrivals are due about the 12th i inst. The Atua, from Tonga, arrived yesterday jvith only a few bananas, which will meet I g'od dpw_r:i. I ihe Nam, from Fiji, is due on Mon(IV night, anc! exceptionally high prices • till rule for cjusc and bunch "bananas. i Local lemons are selling well, especially ' %t samples. New potatoes are increasing in quantity Ml selling under good competition at Nsfactory prices to grower:). Strict attrition to grading is especially urged. ♦iP 10 sa,.o for old potatoes ii; limited, and market is only poorly supplied. Frisco onions meet onlv a moderate sale a '|niiorm rates. fresh eggs: and butter met a better de- • *i«d. i Poultry still continues to sell at high bfrdT specially for good-conditioned \ FIELD PRODUCE. 1 Loco , new 2J(I ]h; good, 2d to ;SL«3S l «wr' »> "" " « , , dairy phoducr Butter; Farmers'. in , print*, 101 '« 10M lbllid ' bulk ' :w ' Fr " J,h C ?S*> Hd to FRUIT. ca^ Pl>l n(L,' Fris ™'\. Jonathans, 6 ' l to 15, M 'Fri'co 13s t l ar «i ica ' 144 J? M P«"7 Js 2r> to i« mU? 'rw! Toi "?We-»: Hothouse, '•ase : Iflmri i/i V Oranges: Local, lo s to lis ill ' M L •• Ja &'l ' Sydney, 12» to l 7* * M^'v 168 '14« (xi to 15b fc i* 91 M packer*. IfflMi: Local, Mrso 4s m f 00 "- 1 88 to % rW,lrh an 'a, f or choirm '• ydnP - v VOKIOTI fruit. r, " e '' " «<• <* POULTRY 29 Wt ° 51 3,1 Mc h ; t.i* t. ui }° 2s birdH, & 6<l S each ■ cood B P c " ial . 1» 10fl to if; to , 49 M '■ 'fx'kereU, 2n £ v to 3., 4d oa< h. i *2, i, t3hi~kM, 4'J to 1* 3d eaoli. « %- v^4 , 6<l M "'"' Turkcr PY>hKl*vr«i n' 1 10 cao ' l ' Turk(> y hens, 5s to fcs ' 4<i P : .?s, 15s to 39s each. ROYAL OAK ESTATE. <soni e in f ?!' iOr V! sol<l I,V Mesem. Samuel Vaile an.l ' «n all, Iloval Oak Estate ycaterdav rr.difiM 'T.oiß of *3 129 per foot fronta^... Albert tv "J 3 r, rer » MU " n , 8 ' fronting MoiSt £4 9, ro Z'.£ r .°y l 7 i \-? et hrou^ 2s and noiHoi %• ,I°' If'"? Mount Albert C fovn •» i * " od, lot-s 13 and 19 in E3 lj- 1 '"'lining' lota lb and 17, went" for ■t««7wtw .ad 28.'in Sro.Z wwftv'nrf • for , h siDar 8 ' 6 " £3. wfctio'nj wMa t nVfr r :-;!h ,n? ( £2 Ws M Tll,> ' losft, with a favourable Mtuation. ,IRaix AND POTATO MARKET. [Br r|, ' , !:r "HAI , PRESS ASSOCIATION' ] •' f . Ciir.iSTCucnca, FrWay. ' ""' lt °° n ! inue t0 f ' e Purarc friirrr. ' dv c " , !" tr ? fttatioon but . Th " '» a " rnthrr better to Auftr»lia a ff *w es lla,in « lately Ix'-n ?»rip,, otilv aii , ,c '" t! ? !U market. However, rfoin3 U11 i There 13 TerT littl« ' Sl ai V»! in offf 0 S ' antl 'OD a ccount of llic ®»?i, v<»™ Jim P™** "re rather firmer. PH ar» Xnii • demand tor chaff, ami §*•" t.,, it!? i,lln fe' Ml at under 50» on ' ,Utiw ai d Zl"' Sollinp " £8 at Cuun ' r and stock* »ro now very short. ' * Hamilton horse fair. d o?ir I? hi y a " d - Uo > J-imHcd, report:— B, »a«Jon \\ iu tho Hamilton Horn* : nil?,, <>toboJf 30., "he,, thr - »<!• L, T ? amR f <«wajd There *•" bp Vfor 'n * of buyers, » tMI bidding ]l-r '{ A TO'in? and nound aorta. Three

nice three-year-old draughts, from 11r. .7. H. MtMMrton, of Cambridge, realised £50; £43 10s, ftf'.d ±,25 respectively. We quote: Three to four-year-old heavy draught.*. £25 to £30; fix to oifr'nt-voar-old heavy draughts, £22 to £35: aff.-.l ,'heavy draughts, £10 to £18; medium draughts, ; £18 1& to £25 ss; milk carl, horses, £14 Si to £121; young harness horsM, £8 10b to £14 10«; good hacks, £6 103 to £16; squib* and age] li/rht horie*. £10 to £45; unbroken medium dniufthta, £16 to C 22; unbroken hacks, £3 to £12 lO; foals, £2 10« to £11 ss. AUSTRALIAN PRODUCE MARKET. By TV? 1 egTaph. —Press Association.—Copyright.. XlELßOXJitira, November 1. Wheat. 4s &id to 4a 7d. Flour, £9 to £10. Bran, £6 s*.* Pollard, £7. Oats are firmer, New Zealand, 3* 34' i to 3s 4d; Algerian, feed 3s 2d to 3s 2ld. Malse, 3s 10Jd. Pea*, 4s to 4a 2d. Potatoes: Net* Zealand, £13 to £14; others, £15 10s to £16. Onion*: Spanish, £13 10s to £14; eilvisrskins. £8 to £9.