COMMERCIAL.

New Zealand Herald, Volume LI, Issue 15504, 10 January 1914, Page 5

COMMERCIAL.

LONDON MARKET REPORTS. MONEY AND PRODUCE BATES. By Telegraph—Free* Association—Copyright. (Becoived January 9, 0.50 p.m.) London', January 9. BANK OF ENGLAND RETURNS. The following are the Bank of England returns for the week ended January 8: — Coin, £30.019,000, reserve, £26,517,000; proportion of reserve to liabilities, 49.34 percent.; notes in circulation, £29,043,000; public deposits, £7.185,000; other deposits, £46,544,000, Government security, £13,099,000, other securities, £.52,092,000. MONEY MARKET. Bank rate, -lj_ per cent. Short loans. o : p»*r cent. Three mont! hills, 4 116 per cent. him rate, 3j per cent. Berlin rate, Si per cent. CONSOLS AND COLONIAL STOCK. Consols, £"1 15.5. New South Waifs 4 per cents., £98. Victorian i per cents., £77. _ Queensland 0 per cents., £77. Other storks urn hanged. PRICES OF METALS. Electrolytic, £67 10s I'm, £167 t„ £168 15s. Lead, £19. }'ig Iron, 50s to 51s 2d. ]S.ir silver is quoted at 2s 2Jd per Standard ounce. SUGAR German beet. 9s; first marks, lis 3d. WOOL. The Bradford wool market is quiet and unchanged.

APPLES. The prospects of the Australian apple si win have opened well. The Nova Scotmn'-and ("alifurnian stocks will probably bo cleared befoie the first arrival of (lie Australian supplies. WHEAT. Wheat is steady and unchanged, 30s 6d to 30s 10; d being paid for an Australian parrel due to arrive early. Australian spot is, dull and nominally unaltered. FLOUR. Hour is dull and unaltered. OATS. Oats are quiet. La Plata January. February, 1-ls lid BEANS AND PEAB. Bean? and peas are quiet and unchanged. BUTTER. Butter dosed slow after a good trade on Monday, Tuesday, and Wednesday. Danish, 12/s to 129 8 , choicest Australian 112s to 114s, New Zealand 118s to 120s. The colonial arrivals this week exceed 110,000 boxes. CHEESE. Ch««so is firm and unchanged. BACON. Bacon is steady, A few Australian Cumberland* brought in 60s to 625. Mmrs. Dalgety and Company, Limited, report having received the following cablegram from their head office, London, under date.January 5, 1914 :—" Wool: The list of arrival.* is closed. New arrivals, 284,000 bales; duett foiwardings to manufacturers at Home and abroad, 170,000 bales; old sine!:, 16.000 bales; loft available for sale. 129,500 bales."

FRUIT AND PRODUCE MARKET. The. fruit and produce markets have been glutted and prices generally ruled very low. Potatoes were in poor demand and only best sample* were salable. Local onions came to hand in increased quantities, and we!l-dric<i samples sold well. Vegetables sold at low values. Farmers' butter so'.d at reduced prices, while eggs were higher. The poultry market is in full supply. Buyers are all overstocked and very few we operating except at low prices. Growers are strongly ? ed to hold back until the market recovers. FIELD PRODUCE. ~ i"J*?* !: **<■•!• prime, nominal; medium. unsalable Onions: Local, 9s to lis Poorly dried. 2s 6d to ss. DAIRY PRODUCE. Butler: Fa.mcr»'. in prints. 7d to lOd; Cm toTs or 7d to 8d- EBeß> fTMh - FRUIT Apples; Local, coloured, extra superior, case, 4a to sa, medium. 2a to as 6d box ft" to 1, 6d, ca*>. cooking. 6s to I'to I, M P! H M r '? ls 14 Poms. '! M r„,k ? * .English varieties, 2s to i. fi,l P rb ; n)t »-,l» 1° 2» M; Ogon. 1. to is ra tWlioa , Coloured, choice. Is 9d to gi-jfR ■", 5 ft, Tomatoes: Hothouse,}( Per lb, 4d to 8d; outdoor, per fb. POULTRY. ld nS in C 'V?, l 9 ,0d: extr * heavy, to si , Tab l ß '"osiers, each, 2s U id ?% C^ ra I""! 7 ' 3b , e<3 t0 B 8: ■mall 1. to 2« id Ducks, e«,th: Old Is to It 6d* young tshle b.rds. i« fid to V* d GW jaehJ. Cd lo U Chicks, each 8d to Is'

CHRIRTCHrRCH WOOL SALE.

OFFERINGS FOR MONDAY

[by telegraph—press association.]

CnßiSTcwrmcH, Friday. At the second wool sale on Monday U,lX> bales w;ll bo offered, against 27,096 last year.

THE (.RAIN MARKET.

[BT TEl.F.aiu ph.— PRESS ASSOCIATION.]

Chiiistchorch, Friday. Die local gram market is in a waiting condition at pi cent, M nothing of any importance i, expected until new grain begins to r„ mf around. It will be at 'east a fortnight before any grain threshed «« of stook is available. The only •Minis of new cram brought on the market was Home rubber-out Algerian ««. lor which ihe owner w M offered "M. but tins price was declined. Old "neat is salable if it is offered, and odd " nt * of both milling am) fowl wheat combined arc to be picked up at advanced rutV™ '" h "-' II '« reported that can done .vine damage to crops in »"rth Canterbury, but to what extent *™ only be know,, when the harvest bel«m«» more general

VICTORIAN PRODUCE MARKETS.

Melbourne, January 9. fJJi heal ' 3 " sjd F10,,,-, £8 10s. Oats, I, 8$ 7,i '" ls 8 H milling Is 9 d to Fn-l'l; ,Barley, malting, Cape 2s 3d, Bn h r > 3 '' "' '« M. Maui, 3s lOd £3 in 10 "' ''-""•J. "IS* Potatoes, W 10 * to £4 l<k Onions, £6.