COMMERCIAL.

New Zealand Herald, Volume LIII, Issue 16408, 9 December 1916, Page 7

COMMERCIAL.

LONDON MARKETS. money AND produce rates. ) Australian and X.Z. Cable Association. 'Received 10.30 p.m.) LONDON. Dec. 7. bank of England returns. i: >- Bunk of England returns for the ek ended December 7 compare with U!e I ' durllJ of last week- ;ws under:Dec . 7. Not. 30. |(04.- " ■' .-.4.JX!.(H10 01.25t.C00 V.;., . . •• •• -ib.5:11,000 36,857,0(X) '" l " , "7.t>JS,OOO 37 656,000 O'he, " e ' U de P° sl,s •••''.717.000 56,"J37,000 < ' ( - r 'l , osits i 00.945,000 109.'269,0011 Oil securities 4J.15H.000 -tJ. 188.000 lV.|«r.r,V7 ,eS ' 106 '"50.«*> 104.271,000 1 '■ [Hii iion v>! reserve u> liabilities .. 21.79 01 "6 INTEREST AND - DISCOUNT. Mi.'rt h.ans ate quoted at 5 per cent., V.. same late as last week. i nlO rate * ' discount I"'' three mouths' onis '!• 6 i el . (Vllt , a.> against 5 9-16 iier ocnt. l.u-t week. tON SOLS AM) COLONIAL STOCKS. Ihe London Mock Exchange Ills bet-n ropier .mt depressed by tile political OHfis and the Roumanian situation, bill there is no pressure to sell. The follow. nig are the latest .potations for consols up.d colonial inscribed stock, and a comparison with th.i.-o reported a week ugo: _ VariaPrice. tiou. 13 , ■ 4" *> d. a. d. Vol- \"* '' ' ' War l4%an . p . . « 10 0 10 0' -Dy. >- 11 11-1"I 1 - 1 "- 1\ a r loan. r it-o-io .. no ii 0 io 0* ViPS- ■ l ,or • •' 111 (I -jo O* X.VV.. ~ I p.,-.. 1933 ■■ S-J 0 «> '-■> (I* V'J •',% 1,1 " 3918 .. 06 " 0 Same. v D xN" ;,V l, c " 1930-60 . 70 -J 6 30 6* A ; S.V, . 3 p.,-.. 193.7 . . Hi) 17 li - 6* Victorian 4 p.c.. 1920 9"> •> t; l i» \.ictor-.an 3, IM -„ 19-_M-"J6 81 15 o 'i ■ 6" ~icloriau 31 i».c.. 19J.". 10 To 11 6 -• 6* Victorian 3 p.,-.. 1909-49.. 61 17 6 1J (5' Queensland 4 p.c., 10*24 . 86 10 o 30 0* Queensland HI p.c., 1901-30 84 5 0 ::■> 6" Queensland 3 p.c., 1921-30 60 0 O -'0 V" C.-7;- ' r-e-. 19 -° -- -. SI 7 6 .7 111 N.jJ. 3} IM.. 19-10 .. .. 71 1,7 0 25 0* £ .i. » 1-0 --, 1945 ..63 5 0 50* • oil h Alls. 3j p.c.. 1930 .. 71 10 O 40 0> couth Aiis. 3 p.,-.. optional 58 0 O 17 (>• r»9. 31 p.,-., 1900-10 .. 71 0(1 30 6' la? ,v j.,-.. 1900-40 .. p.;, ( > {) 00 0* A- ;ti P.c. 1900-33 .. 75 0 6 Same "A. .• c.. 1915-35 .. 70 0 0 5 0* * Lovrcr. + Higher. BUTTER AND CHEESE. The butter market i? very firm. Rusi-ne.-si is restricted owin; to short suiiplies. < urrent qiuttiiions are :Danish, about -22s : Australian, practically cleared, choicest salted 200? to 208s. unsalted 2125, ver trades 194; to 200s: Argentine. tiiLsalled. 204s to 208s. 1 here, will not he any New Zealand offering until the Rimutaka discharges. The cheese market is firm. Canadian is quoted at 126s to 130s. The retailers are apprehensive about supplies, fearing that, the Government will release very little.

.* "WHEAT AND FLOUR. The wheat market is firm and quiet. The flour market is firm. Australian patents are quoted at 59s to 59s 6d. PEAS AXQ BEANS. Peas are firm. New Zealand maples are quoted at 48s. _ The market for beans is strong. No New Zealand are offering. OATS. The markets is hardening. No La Plata are offering. SUGAR Prices are unchanged. METALS. Copper: Spot. £152 10s; three months, £143 10s. Electrolytic copper, £167 10s. Tin: Spot. £186 12s 6d ; three months, £163 12 fad. Lead: Spot. £30 10s: three months, £29 10s. Spelter : Spot, £581 three months. £55. Silver, 36i.d. TALLOW. At the tallow sales 1817 casks were offered and 1575 sold. Mutton, fine 57s 6d, medium 50s ; beef, fine 56s 3d, i medium 50s. f i i »

FRUIT AND PRODUCE MARKET.

Business in the fruit and produce market during the week has been good, increased quantities of local early summer fruit- having come to hand. Any lines of choice quality are realising high" prices, and supplies are not equal to the demand. The Talune, from Fiji, arrived on Monday with the usual consignments of banana*, and excellent prices were obtained. The Makura, from Vancouver, is due with shipments of Canadian apples and American oranges. Both lines are wanted, ai.d good prices will rule. New potatoes have come forward in increased quantities, and the price is slightly lower than la-t week. Onions: The market is bare. Shipments are expected from Australia shortlv.

Vegetables of nil kinds are selling ex tremely well.

Fresh eggs and farmers' butter sold on a par with last week's quotations. Poultry: Heavy supplies were penned, and prices for best-conditioned birds were satisfactory. "FIELD PRODUCE.

Potatoes: Local, best, l'2s 6d cwt: pood Ss 6d to lis. Onions: Local, Hd lb.

DAIRY PRODUCE. Butter: Farmers', in prints, Is 2d to la 3d lb. Eggs, fresh. 13 4d to Is 5d dozen.

FRUIT. Apples: Local, coloured, extra superior, up to 17;. I'luins: English varieties. 5s to 7s case. Apricots: Best, l?s to 12a 6d case: good. Os to 10s. Tomatoes: Hothouse, best Is to Is 3d good £>d to lOd. Oranges: jfceal, 16 s ? case; Sydney, 10s. Mandarins: Sydney, 10s to 12 case. Lemons: Local, prime, 1-s case: good, 7s to 9s: rough and coarse. Is. Cape gooseberries. 5d lb. Passion fruit, 13s ca3e. Gooseberries, ss, 6«, and 7s box. Walnuts, lOd lb. Fcanut3, 3ci lb. Pines, '20s crate. POULTRY. Hen?' Good. 3s to 4 s Id each: poor. 2s to 2s (id. Table roosters: 3s <kl to 5s 2d each; sum!!. -* fid to -is. Ducks, 2s to us 5d each. Own', 3s ~<l to 6k each. Clucks. 'id to 1? each. Ducklings, 6<l to Is '2d each. Turkey gobblers. r.s to_ 16s each. 'Jurkry hens, 53 to 'Js each. Young pigs. 6s to 25s ac h. PROPERTY SALES. Me.-.-is. Samuel Yaile and Son-, Ltd., held an auction sale at their looms yesterday when a pi operty, with 66ft frontage to New North Road iind an old lottugi-. were sold for £200. Two sections fronting Bollard Avenue. Point Chevalier. each 50ft by 150tt, were sold for £75 each. Messr.-. P.i< hard Arthur and Company offered by auction yesterday a subdivision at Ngaruawahia. The following sales were effected :—55. 56. £27 each; 35. £37 : "59. 40. 41. 42. £38 each : 70. 71. £26 and £30 ; 62. £32: 72. 73. 74, 75, £30 each. \ block of 1200 acres at. the Waitakefe Ranges v. as sold to a syndicate for sub- | division. A section at Castor Oil Bay. Takariuna-. was sold for £325.

AUSTRALIAN PRODUCE. An si- and '.'A- (.'able. SYDNEY. Dec. 8. Mat - . Algerian feed. 2.-, bd to 2s id: milling. 2.- od : I a=manian white, 2s 'Jd 10 2.- 10(1. Lai ley. on to 3s bd. Ma'i/.e, 3s 9d to 3s lOd. Potatoes : 'I asmanianc. old. £7; lie*. £10. Unions. £7 to £9. ADELAIDE. Dec. 8. Oats, Is lid. MELBOURNE HIDK MARKET. A3l. and S.Z. Cubic. MELBOURNE, Dec. 8 Hides are in moderate fupply. with excellent competition, the market being t'uiiv a farthing higher, espeeiallv for heavies.