COMMERCIAL.

New Zealand Herald, Volume LII, Issue 16026, 18 September 1915, Page 5

COMMERCIAL.

LONDON MARKETS.

MONEY AND PRODUCE RATES.

By Telegraph Press Association— London, September 16. bank OF England returns. Tot Bank of England returns for the week ended September 15 compare with the returns of last week as under: — Sept. 15. Sept. 8. c" £ £ Reserve 63.300.000 66.749,000 Note :® 50,b72,000 54,188.000 Golf "V — 31.515.000 31.791,000 Othnr — 121,575,000 129.588.000 Pov? deposits ... 90,168.000 85.942,000 l eCUr, -V es — 34.418,000 34.418.000 Pro^rt'on'of^rc'servl 44 - 955 ' 000 to liabilities ... 23.93 25.12 MONEY MARKET. Short loans are quoted at 4g per cent., the same as last week. The discount rate for bills is 4J per cent. METALS. Electrolytic: Buyers £86, sellers £87. Spot ' buyers £153 15s, sellers £154 ss; forward, buyers £154 15s, sellers i»155 ss. Lead: Buyers £22 7s 6d, sellers £22 10s. Silver: 23 l-16d per ounce. SUGAR. 29s UgaJ is quiet. American granulated BUTTER. Butter is very firm. CHEESE. Cheese is firm. New Zealand, 77s to 78s. WHEAT AND FLOUR. Wheat is quiet, and prices are unbuahels visible supply is 17,613,000 Flour is scarce and very firm. BARLEY. Barley is steady and unchanged. OATS. _ are weaker. Bahia Blanca, afloat, 24s ; New Zealand, 36s to 375. PEAS AND BEANS. Peas and beans are quiet and unchanged. VALUE OF WOOL. GOOD SALE IN LONDON. By Telegraph— Association Copyright. London, September 16. There was good competition for all • crossbreds. Prices were slightly in sellers' j favour. Merinos were unchanged. New Zealand quotations: —Barrosa, top price 30Jd, average 27jd ; Wakarua, top price 17£ d, average 15|d; Crosskeys, top price 28id, average 27*1 The Bradford market is quiet. FRUIT AND PRODUCE MARKET. Business in the fruit and produce markets during tie week has been much ' better than last. Although local fruit is j scarce the volume has been made up with shipments from Fiji and Sydney. The demand for choice local apples is good and prime lemons are also selling welL Fiji bananas arrived to a good market, and Sydney mandarins and oranges sold at high prices. The first shipment of Canadian apples is due by the Makura on Monday next, and a good demand is expected. The potato market is much firmer, and stocks are low. 'Frisco onions are moving off slowly. Locals are in bad condition. New potatoes are selling very well, with plenty of inquiries. Farmers' butter and fresh eggs remain the same a3 last week. FIELD PRODUCE. Potatoes: Prime, £8 per ton: medium. 4s per cwt: New potatoes, best. 2Jd; medium, lid to 2d Asparagus. Is per bundle. Onions: 'Friscos, 15s per case: local, best, 14a per cwt FRUIT. Apples: Best dessert, 10» to 10s 6d; good. 7s 6d to 8s: .best cooking, Bs. Pears: Dessert. 15s: cooking, 9s 6d. Tomatoes: Hothouse, per lb. Ba. Oranges: Local, Poorman'*, best, case, 8s 6d: Island, case, 13s 6d; Sydney, case, 13s. Mandarins: Sydney, case. 16s. Lemons: Local, prime, case, 8s to 9s: local, cough " and coarse, esse, 4s. Passion fruit, per case. 12s. Walnuts, per lb, Bd. Peanuts, per lb, 2id. Pines, crate, 12s. POULTRY. Hens: Extra heavy, each. 4s to 5s 3d: good. 3s 6d to 3s lOdothers. 2s lOd to 3s 4d. Table roosters: Extra heavy, each, os 6d to 6s 3d- others, 3s to 4s lOd. Ducks, each. 2s 10a to 3s 4d. Turkey gobblers, each. 8s to 13s. Turkey hens, each, 5s to Bs. Young pigs, each, 12s to 17s. .Demand for table birds in good condition the keenest for many weeks. Prices probably constitute a record for the last 10 years. AUSTRALIAN PRODUCE. By Telegraph Press Association Copyright. Melbourne, September 17. Wheat, 8s Id; flour. £17: oats, Japan 2s 6d, Algerian and Chili 3s 9d to 4s; maize, 4s to 4s 6d; bran. £4 pollard, £6; potatoes, £8 to £8 6s; onions, £6 10s to £7.

PROPERTY SALES. A land sale was held by Messrs. Samuel Vail© and Sons, Ltd., yesterday at their auction rooms, when several properties were disposed of. A large residence fronting Hobson Street with a section 28ft by 75ft -was sold for £1000. A house of six rooms facing Prospect Terrace, Mount Eden, standing on a section, 55ft by 96ft, realised £.600. A section, 60ft 9in by 184 ft, in Victoria Street West, was passed in, the bidding not reaching the reserve.