COMMERCIAL.

New Zealand Herald, Volume LII, Issue 16008, 28 August 1915, Page 5

COMMERCIAL.

LONDON MARKETS. MONEY AND PRODUCE RATES. by Telegraph—Press Association—Copyright London, August 26. BANK OF ENGLAND RETURNS The Bank of England returns for the week ended August 25 compare with the returns of last weeK as under :— Aug. 25. Aug. 18. r- £ £ r! 1 ® „ - 66.392,000 66.177.000 Koserre ... ... 53.9+8,000 53.618.00-) fWf l V — 81.803.000 31.958.000 oflTir j leDos . l . ta - 134.054.000 102,661.000 Govt f?? 08 . 1 . 1 . - 89.465.000 124,636.000 OtW ® ecur \ t . !es - 45.655.000 45,615,000 ProDortfon of 'reserve 14 -' 137 - 000 W6.1M.000 to liabilities ... 24.13 23.59 MONET MARKET. Short loans are quoted at 4= per cent., as against 4i per cent, last week. The discount rate for bills is 4£ per cent., the same as last week. DAIRY PRODUCE. Butter is firm. Supplies of the most choice are short. Cheese is dull. New Zealand, 70s to 735; Australian, 68s to 70s. Bacon: There is a strong demand. Danish, 100s to 105s.

METALS. Copper: Spot, buyers £70 17s 6d, sellers £71 2s 6d ; forward, £72 and £72 ss. I Electrolytic, £82 and £83. j Tin: Spot, buyers £155, sellers £155 10s ; forward, £156 5s and £156 15s. Pig Iron : £65 ss. Lead : Buyers £22 ss, sellers £22 10s. SUGAR. ! oon'°' ir ' s firm. American garmlated, i iv «-<y. • AUSTRALIAN PRICES. (Received August 27, 7.10 p.m.) By Telegraph— Press Association—Copyright Melbourne, August 27. I \\ heat is dull and flour is dull and unjchanged. j Oats: The market is quiet. New Zeaj land, 55s to 365. I Peas and Beans: The market is firm. I j FRUIT AND PRODUCE MARKET. i Busin-ess in ths fruit and produce ; markets during the week has not been • particularly brisk. j There is a great scarcity of any variety ■of local fruit. litis consists of dessert ! apples, including Southern Stunners. i Cooking apples are in light supply. Local j lemons are in good demand for prime i fruit, and large samples of Poorman | oranges are also selling well. Hothouse | grapes are almost- finished. No Sydney fruit reached the market lon Monday. The Talune, with fairly large shipments of Island oranges and i bananas, arrived on Thursday, and owing | to the lateness of the season a good many 1 oranges were bad, which enhanced the j price of good fruit considerably in com- | parison with last month. The demand | for bananas was very dull. j The potato market is well supplied with j Southern shipments, and fairly large lines which have been held are being sold ex ! 1 store. They require rebagging. Fresh I : arrivals are not excessive. ; { Onions : Southern shipments are soft ' I and unsatisfactory. Local Brown Spanish j ' are sellins well. : Farmers' butter remains at last week's I : rates. j Fresh eggs are still increasing in sup- ! i plies. 1 Poultry is short, and good prices are obtained _ for anything in food condition. Young pigs are selling well, and are verv scarce. FIF.LD PRODUCE. TV a toe»: Prime, medium. £6. • On-on»• hrown Spanish. h»=t. 74«: | imported southern. 6s per cwt. Kttmaras, 2d per lb. Pie P'elons. fis per cwt. DAIRY PRODUCE Butter: F-rme-rs", in orin'» 1= 2d: nrime farmers', bulk. Is E?es: Fresh. Is 2d. rfife. FRUIT. j|P>®£fi§BS' Local, coloured, extra superior, pW"§«i§Caco. 'in to 10« ; good. 7s to 8= : Tns'-»,'-tr!s®|s: hec{ cookers. 7s to 7s 6d. -«*TS Bfejo 13s -. cooking, 7s 6d. Tom a-Hojhoti'-e. per lb. 6?d Oran?e«: Loral, riocrßUT! s. best. ca-ie, Ss: medium, 6s: JMat>d. case. 10s (kl : Sydney, case. 7s. i 'TauiaTiK.s: case. ICia. Lemons: | 'ase. 10s to lis 6d: Rood. 7s +o j is fin : Is. at. rou<rh and coarse, case. 4s Gd to 1 pass.ou fmit. per ,' e - Us. Walnuts, i.-or Hi. S(i Peanuts, per lb. 2;d. POULTRY. i % n ? : G °o°, d tV' 6d , to ;!s 4d: poor. I: °, r1 to , 2« -Id Koo-ters. !ar-je. 3s 6.-1 to os Cockerels 3s to 4s Gd. Ducks. 2s 2d to 3s 8d Turkey snbb'er.--. best 10s to 12s. Turkey hens, -ts to 6s. DuckiinKs. 2s each louns pit:?. 15s to 22s 6d- * I