COMMERCIAL.

New Zealand Herald, Volume LII, Issue 16050, 16 October 1915, Page 5

COMMERCIAL.

LONDON MARKETS. • money and produce rates. By Telegraph—Press Association—Copyright I'ONUon', October 14. . 7Vv ß p OI ! KNGL AND RETURNS. The Rank of .England returns for the returns'of 6 ? ® Ct °® r 13 com P are with th< returns of last week, as under; — Oct. 18. Oct 6. ' Coin £ Reserve " " ** 61,067,000 Note issue " " 46.823,000 Govt, deposits* " 32,560,0°° 32,877,000 Other deposits "" o?on2'S2° 81,375,000 Govt, securities " S-oSn'SSS 88,802,000 Other securities " 31,286,000 ProportioHf leservW ' 707000 119,266,000 to liabilities 27.16 26 05 MONEY MARKET. Tb« rt^° are looted at 4i per cent. The discount rate for bills iT4| per cent., as against 3J per cent, last week. METALS. £72° P 1£ r : POt j" 1^ 8 £72 10s, sellers Mfa'rii."' buy »* £72 i7a 6d ' 10='f'L r .fj )Ot J b " yers £15 °. sellers £150 £152 5s ' bUyCr9 £151 15s, sellers Pig iron, 65s lid. SUGAR. not n |j£ring. firm Amen Can P Mula W is CHEESE. ' Cheese is firm. New Zealand, 78s. The Canada? 1611 resumed purchasing from TALLOW. offtU" "to r e brought 395, mediom 36, 6d. Beef, fine 33s 6d, medium 25s 6d. VALUES OF WOOL. ADELAIDE MARKET. By Telegraph Press Association— Adelaide, October 15. . Wool is active, all good classes being from a farthing to a halfpenny above last sales. Inferior wool has fallen by about the same extent. BRADFORD INQUIRY. By Telegra-ph—Frees Association Copyright. London, October 14. . Tb® Bradford market shows rather more mquiry. Sixty-fours on spot are quoted at -58d futures 36d, super sixties 37d to 35d ordinary 36d to 34d, others 31 Ad, twentyeights, 24£ d to 22id. J FARMERS' MILK SUPPLY COMPANY The second annual general meeting of the Farmers' 00-operative Milk Supply Company. Ltd., was held in the Newmarket Borough Council Chambers yesterdayJ" Mr. H. R. Mackenzie presided. A dividend of 5 per cent, on all paid-up shares was declared. GOVERNMENT DEBENTURES. ISSUE ANNOUNCED. The New Zealand Government announces an issue of 4£ per cent, bearer debentures, under the authority of the Finance Act, 1915, and pursuant to the New Zealand Loans Act, 1908,' as amended by the New Zealand Loans Amendment Act, 1915, to provide moneys for local expenditure during the war. The price of the issue has been fixed at £100 per cent. AUSTRALIAN PRODUCE. By Telegraph Press Association- —Copyright. Melbourne, October 15. Wheat is nominal. Flour, £17. Oats: Chilian, 3s; Japanese, 2s s£d to 2s 7d Maize. 4s to 4 S lOd. Eran. £4. Pollard. £6. Potatoes, £12 to £12 10s. Onions, £5 to £5 ss. CHRISTCHURCH PRODUCE MARKET. [BT TELEGRAPH. —PRESS ASSOCIATION.] Chbistchubch, Friday. It is reported that there is inquiry for wheat on the part of Southern millers, and offers of 4s 8d have been made. Except in one case, however, this price has been refused. The fact that Southern buyers are in the market has also stimulated some local inquiry. Owing to the rise in potatoes in Melbourne and Sydney, the local market is firmer, and prices now range from £7 5s to £7 10s at country stations. No business of any consequence is passing in other lines of produce. Hams and bacon have advanced Ad per lb. For new season's factory cheese Sid. and for new dairy cheese 7-|d to 8d is being given for local consumption. PROPERTY SALES. A six-roomed dwelling in Roee Road, Grey Lynn, was disposed of at auction yesterday by Messrs. R. Arthur and Company for £490. The same firm al&» sold a cottage in Church Street, Onehunga, having an allotment 37ft by 147 ft, for £370. Messrs. T. Mandeno Jackson report that at the sale of the Pukehuia township yesterday by auction, 57 sections were sold, including the Omana boardinghouse, at £1,600, and, after the sale, 28 more sections were sold. The sale realised £5333-