COMMERCIAL.

New Zealand Herald, Volume LIV, Issue 16621, 18 August 1917, Page 5

COMMERCIAL.

LONDON MARKETS.

MONEY AND PRODUCE RATES. " Australian and N.Z. Cable Association. (Reed. 11 p.m.). LONDON, August 16. The Bank of England returns for the week ended August 16, compare with the returns of last week as under: August IS. August 9. Coin £31,087.000 £50,809,000 Reserve 32,041.000 31.478.000 Note issue ... .... 40.045.000 40,366,000 Government deposits 45,510,000 47,465,000 Other deposits _ ... 126,945,000 130,424,000 Government securities 56.541,000 56,559,000 Other securities ... 101,975,000 107,948,000 Proportion of reserve to liabilities ... 18.59 17.69 INTEREST AND DISCOUNT. Short loans are quoted at 4i per cent., the same as last week. The rate of discount for three months' bills is 4} per cent., the same as last week. CONSOLS AND COLONIAL STOCKS. The following are the London Stock Exchange latest quotations [or Colonial inscribed -stock, and a comparison with those

! CEREALS. | . The wheat market is lifeless. No Australian is offering. Flour is quiet and nominally unaltered. Mo Australian is offering. Oats, beans, and peas are firm and quiet. Sugar is unchanged. DAIRY PRODUCE. Butter is, very scarce. All sorts are firm at the maximum prices, which will probably not be changed to-morrow. METALS. Tin, £244 17s 6d, three months £241 7s 6d. Copper: £120 ss, three months £119 16s, Oliver, 44d per ounce. FRUIT AND PRODUCE. Business in the fruit and produce marKets has been good during the week, and all sup- ! I plies, which have consisted chiefly of ' ' apples, have met a good sale. Local lemons ! I and Poorman oranges are neglected, the i ; market being over-supplied. Owing to the i j strike in Sydney no shipments were received I i last week. Fiji bananas arrived in excess of ; recuurements, and the demand was poor. I 1 The potato market is well supplied, and I i test samples are in demand at quotation, i There is a better inquiry for seed. Fresh eggs are firm, and farmers' butter was in light supply. FIELD PRODUCE. Potatoes, local, prime, £6 per ton; onions, imported £18 per ton. DAIRY PRODUCE. Butter, farmers', in prints, Is 3d, prime, farmers', bulk, Is Id; eggs, fresh. Is Sd dozen. FRUIT. Apples, local, coloured, extra superior, dessert, up to 13s 6d case, good lis to 12s; best cookers, 10s to lis 6d; pears, 15s case, i others, dessert, 10s to 12s; oranges, local, 10s to 12s case, Poorman'a 4b 6d to 63; lemons, local, prime, 5s to 6s case, local, rough and coarse, 3s: passion fruit, 12b case; walnuts, 10! d per lb; peanuts, 4Jd per lb-, pines, 14s crate. POULTRY. i, Hens, good, 3s lOd to 5s 5d each, small and , ordinary 3s to 3s 6d, special pure-bred stock 63 8d to 8s; table roosters, 3s lOd to 6s 3d t I each; ducks, 3s 4d to 5s 8d each for extra 3 Rood; chicks. 6d to Is each; ducklings, 9d to Is 3d; turkey gobblers, 8s to 14s each; r turkey hens, 4s to 6s each; hens with broods, 1 10s to 148 each. r PROPERTY SALE, The five-roomed residence in Epsom Avenue 1 which was offered for sale by public auction i yesterday by Mr. C. F. Bennett, realised . I £675. Two other houses, one in St. Alban's - j Road and the other in Wellington Street, , j wero passed in-

reported a week ago: — YariaPrice. tion. £ e. d. a. dC0H80I3, 24 per cent. ... 56 0 0 Same. British 34 p.c. war lean 87 7 6 7 6t British 5 p.c. war loan... 94 5 0 Same. N.Z. 4 p.c.. 1929 86 15 0 16 0+ N.Z. 34 p.c.. 1940 73 12 6 12 6t N Z. 3 p.c.. 1945 64 10 0 10 0+ South Aust. 3} p.c., 1930 72 5 0 5 Ot South Aust. 3 p.c.. optional 57 0 0 Same. | Tasmanian 31 p.c., 1920-40 72 10 0 10 Ot Tasmanian 3 p.c., 1950-40 65 0 0 Same, i Queensland 4 p c., 1924 ... 90 17 6 17 6t I Queensland 34 p.c., 1921-30 86 15 0 5 0+ Queensland 3 p.c., 1922-47 62 5 0 5 Ot W.A.. 3* p.c., 1920-35 ... 74 0 0 Same. W.A.. 3 p.c.. 1915-35 ... 69 5 0 5 0+ N.S.W. 4 p.c.. 1933 ... 82 17 6 17 6+ N.S.W. 3* p.c.. 1918 ... 97 12 6 2 6+ N.S.W., 34 p.c . 1930-50 ... 70 7 6 12 6* N.S.W. 3 p.c., 1935 ... 70 10 0 10 0+ Victorian 4 p c.. 1920 ... 95 10 0 10 0+ ! Victorian 34 p.c.. 1929-49 71 10 0 10 0+ Victorian 34 p.c., 1921-26 84 10 0 10 0t Victorian 3 p.c., 1929-49... 62 15 0 5 0" * Lower. t Higher.