COMMERCIAL.

New Zealand Herald, Volume LII, Issue 16020, 11 September 1915, Page 5

COMMERCIAL.

LONDON MARKETS. MONEY AND PRODUCE RATES. By Telegraph—Press Association—CopyrightLondon, September 9. BANK OF ENGLAND RETURNS. - The Bank of England returns for the wees ended September 8 compare with the returns of last week as under: Sept. 8. Sept. 1. Reier™ *" ~ ~ 66 . 7 <9000 67.466.000 NotTuMi. •" - S 4 - 138 54,553,000 Gnvt SSJS..J* 31.791.000 32.325.000 OtW *5? M £ " 129.555.000 137.935.000 <££? , de P°?. l t - 85.942.000 87.922.000 n?W Un : les - 34.418,000 44.418,000 145 - 23,00 ° 145 »° to liabilities ... 25.12 24.15 MONET MARKET. Short loans are quoted at 42 per cent., the same as last week. METALS. I Copper : Spot, buyers £67, sellers £67 I os; forward, buyers £68, sellers £68 ss. Silver 23 11-16 d per oz. . SUGAR Sugar is firm and unchanged. BUTTER. Butter is very firm. CHEESE. Cheese is steady and unchanged. WHEAT. Wheat is . quiet. The American visible supply is 14,072,000 bushels. FLOUR. stead" fa fa Bh ° rt SUpply - Pri « B are OATS. BUM .*"£ i™?*™- Bahia Blanca afloat, 24s 9d; New Zealand, 36s to 375. I PEAS. ,? to B 65™ qTli6t ' NeW ZeaJand Maples, BEANS. Beans are steady and unchanged. VALUES OF WOOL. GOOD SALE IN LONDON. By Telegraph—Press Association— London, September 9. There was a good sale for all qualities at the wool sales. Prices were firm Among the New Zealand clips sold were--Waihopai, top price 2 6* d, average 22* d; Weka, 17* d and 16*1; Maewa, 17±d and 15|d. Th.B Bradford tops market is cheerful in tone, with more inquiry for crossbreds.

LOCAL ADVICES. Messrs. Dalgety and Company, Limited, have received the following cable from w2?*9 «w? office ' under date Septem- £•* "*—' Wool: Sales opened, fair selection. Good attendance buyers. Competition animated for all desirable lots. Good Merino very firm. Faulty irregular, generally 5 peir cent, lower. Good bright" crossbredß 5 per cent, dearer, presumably for America. Other sorts unchanged. Slipes, 5 per cent, to 7£ per cent lower." BRISBANE SALE. By Telegraph—Press Association—Copyright. Brisbane, September 10, At the last of the September series of wool sales 15,091 bales were offered. Euvers from Italy and Japan were operating heavily. Prices were: Greasy, 16$ d; scoured, ; 27id. As compared with July prices, good shafty greasy wool was at par, medium and short greasy 7£, and good scoured 10 per cent, lower. BANK OF AUSTRALASIA. "' DIVIDEND DECLARED. By Telegraph— Association— London, September 9. The . Bank of Australasia has declared a dividend of 14s, and a bonus of 12s. The sum of £40,000 is placed to reserve, and £113,353 carried forward.

FRUIT AND PRODUCE MARKET. Business in the fruit and produce market has again been dull during the week, and sales in fruit are still confined to local apples, with lemons and Poorman oranges. Any choice samples of the foregoing sell well. The first shipment of Canadian apples is due on September' 20. adney fruit, ex Niagara, sold ( fairly fruit reaching the market in' much better condition. Fiji bananas are due by the Navua on Monday, and a good demand is looked for. Potatoes are in full supply at slightly lower rates. New potatoes are selling i exceptionally well. Onions from San Francisco are now established on the market, and the condition is good. Local Brown Spanish samples are mostly growing, and require rebagging. Fresh vegetables are selling welL Pumpkins and kumeras are scarce.

Fresh egra and farmers' butter remain at last week's rates.

Poultry is m excellent demand, and best-conditioned birds ore selling at high value. Young pigs are -wanted, and are selling well. POULTRY. Hens. each. 3a to 4s 6d: special breeds. 6b 2d to 7s Bd. Table roosters, each. 4s to 5s 8d: small, 3s to 3s lOd. Due Vs. each, 2s to 3s lOd Geese, each, fe 66 to 5s Gd. Chicks, each, 6d to Bd. Ducklings, each. 9d to Is pid. Turkey gobblers, each, 8s to 138. Turkey hens, each, 4s to 6s. Young pigs, each, 12s to 14s. FIELD PRODUCE. Potatoes: Prime Southern, £7 10s: medium. 4s per sack. Onions: Local, best, 13s: imported. 15s per crate. DAIRY PRODUCE. Butter: Farmers', in prints. Is 2d; prime farmers', bulk, Is. Eggs: Fresh, Is 21d to Is 3d per dozen. FRUIT. Apples: Loral, coloured, extra superior, dessert, case, 10s to lis: good. 8s 6d to 9s; best cooking. 7s 6d to 8s 6d. Pears: Dessert. 13s; cooking, Bs. Tomatoes: Hothouse, per lb. Bd. Oranges: Local, best. Poorman. case, 88 to 8s 6d; good, 6s 6d .to 7s; Island, case. 13s: Sydney, case. 6s to 7s. Mandarins: Sydney, best, case. 13s; good, 9s 6d to 10s. Lemons: Local, prime, case, 8s 6d to 9s: good, 7s to 8s; local, rough and coarse case. 4s to 6s. Passion fruit, per case, 10s. Walnuts, per lb, 8d Pines, crate, 12s-

CANTERBURY PRODUCE MARKET. [BT TELEGRAPH. —PRESS ASSOCIATION.] Christchurch, Friday. Some small lots of wheat are offering, which had been retained by farmers for seed, but are not required. There are, however, no buyers, even at the low prices that would be accepted. There are no large lots of wheat offering. The oat market is also dull and there is little demand for oatsheaf chaff. The potato market is easier, several lines having been purchased at £4 10s, and others at £4 15s and £5 during the last few days, bat lower figures are now only obtainable. SALE OF LEASES. CHURCH OF ENGLAND PROPERTIES. A sale of leases on various properties at Parnell and Remuera was held by Messrs. R. C. Can and Son yesterday afternoon on behalf of the Church of England Diocesan trustees. There was a large attendance, and bidding was good, in some cases Competition being very spirited. The leases of the following properties were sold for a period of 21 years, with right of renewal every 21 years thereafter. Eighteen allotments fronting Mountain Road and Russell Road, Remuera: Lots 1 'and 2, £16 10s each; lot 3, £11 10s;

lota 10 to 13, £7 10s each; lota 16 and 17, £6 each. A level allotment at the corner of Ayr Street and Laurie Avenue, having a frontage of 55ft and depth of 150 ft, realised £26 10s. Allotment in Brighton Road, with 50ft frontage and depth 106 ft, brought £12. A corner section on Hobson Bay Road and Glanville Terrace, Parnell, with frontages of 90ft and 202 ft respectively, reached jßFhe lease on about 2a 2r of the St J""'! College Estate was sold for £10. TLots 2, 3, 4, 5, and 6 of the same estate •were disposed of for £3 10s each. AUSTRALIAN PRODUCE. By Telegraph—Press Association—Copyright. _ Melbourne, September 10. Wheat, 8s l£d. Flour, £17. Oats: Algerian and Chili, 3s 9d to 4s; Japan, 2s 3d to 3s. Maize, 4s 6d. Bran, £5. Pollard, £6. Potatoes, £7 15s to £8 ss. Onions, £6 15s to £7.