COMERCIAL

New Zealand Herald, Volume LV, Issue 16896, 8 July 1918, Page 3

COMERCIAL

•—; — ' -i^| LONDON MARKETS. '|j MONEY AND PRODUCE RATES. 1 ■ Australian and N.Z. Cable Association. K (Reed. 5.5 p.m.) LONDON, July 6. | Tnß Bank of England returns for the week | ended July 4, compared with the returns I of last week, &ro as follows!— | July 4. June 27. 1 Cora £64,732,000 £6M310,000 & Rflßorvo - ... 28,881.000 80.001.000 R Not* Issue 64,803.000 63.674.0iJ0 " Govt. Deposits ... 88,179,000 85,779,000 B Other Deposits ... 153.068,000 128,849,000 Q Go»l. Securities ... e6.235,000 61,652.000 fj Other Securities ... 113.937,000 100,800,000 I Proportion of Reserve < to Liabilities ... 15.18 18.83 i INTEREST AND DISCOUNT. .' Short loans are quoted at 21 per cent., as 1 against 31 last week. ■' The rivte of discount for three ironies' I bull is iii per cent., the tune as last w<v!t. jj

CONSOLS AND COLONIAL STOCKS. $J The following are tho latest quotations for '-• colonial inscribed stook, and a comparison fj 8 with thoso reported a week ajo;— ?J Varia- pj Prico. tiun. ' ( „ , „, £ 6. d. Is, Consols, 2} per cent. ... f.O 0 0 Siuno 11 British 3i p.o. War Loin fS 5 0 6 Ot • *=-• British 5 p.o. War Loan 91 15 0 9, 6* .jl New Zealand 4 p.o. 1929 87 0 0 Same m Now Zealand 81 p.c. 19(0 73 0 0 Samo ,;'' New Zealand 3 p.c, 1945 63 0 0 20 Ot tin West Aust. 8} p. 0., 1920-35 75 0 0 Same fc. West Aust, 8 p.c, 1915-35 72 d 0 Samo <„ N.S.W. 4 p.c. 193" ... Ot 0 0 game L a N.B.W. 3} p. 0., 1918 ... 100 10 0 Fame ft N.S.W, 8} p.c, 1930-50 ... 69 0 0 game '■] N.S.W. 3 p.c 19;-5 ... 72 0 4 Sara* 31 South Am. 31 p.;.. 1930 72 0 0 Samo lb South Aust. 8 p.c, optional 55 0 0 Sams ffl Tawnanian 81 p.c, 1920-50 73 0 0 Sml« §< Tasmanian 8 p.c, 1920-40 66 0 0 Same & Queensland 4 p.c, 1921 ... 92 0 0 Sara* • r Queensland 8t p.c, 1921-30 90 0 0 Same - l Queensland Bp. 0., 1922-47 G2 0 0 Same Si Victorian 4p. 0., 1920 ... 97 10 0 Sarao ':" Victorian 8} p. 0., 1929-47 71 0 0 Baraa !' Victorian 31 p.c. 1921-26 83 0 0 Same 3 Victorian 3 p.c. 1927-49 C2 0 0 Same E 'Lower. Higher. fc a PRICES OP METALS. - Coppnr, £110 58; best selected, £121. ft Electrolytic, £123. t Lead: On spot, £29 10s; three months, * £28 10s. , H

Spelter: On spot, £54; thTeo months, £50. Tin, £336 10a, Silver, 48 13-16 d per ounce FRUIT AND PRODUCE. Business in the fruit and produce market was much better during last week but smaller shipments of -outside applet) and pews have cpmo to hand, the bulk 6F storks held now being iu cool Btore. The market is much better, and tho tendency is 'or an upward advanceThere is a good demand for choice sound green cooking applou, and a much better 'demand for highly-coloured dessert fruit. Small local fruit is scarce Only very small Sydney shipments have been received vis Wellington. Stock" of Island oranges are light;. Tho next sll.3r.lont is duo about Friday. The potato market is much hotter, supplies hardly meeting th» demand. , Better prices are also offering now for Victorian Brown. Seed potatoes are slow of sale; The onion market is almost bare of local grown, which, of course, at this time of 1 the season will not keep well. Prices consequently, haTo advanced to high values. There was a good demand for both farmers' butter and fresh eggs, although the latter are declining in value. >. Poultry is in (food 'demand, particularly • well-conditioned birds. FIELD PRODUCE. Potatoes: Southern, £9; Victorian, £10 10s. Onions, local, £10. Pumpkins, 53 owt; , kumaraa, 9a. Gd; swedes, os. DAIRY PRODUCE.' Butter: Farmers, in prints. Is Ed to Is 6dj prime milled, in bulk for export, 2s 3d. FRUIT. Apples: Dessert, up'to lis per case, good* 0s to 0s Gd, medium 6s to 7s j best cookers. l 7s to 8s 6d. Pears, dessert, 12s to 13s, others 8s to 9a. Tomatoes, hothouse 9d to lOd per lb. Oranges, local, sweet Gs to 8s a case; Poorman, 6a 6d to 7s; Island, 14s; Sydney, mandarines > 14s case. ''Lemons, local, prime lbs to 12s case: rough and coarse, 3s Bd. Passion fruit, 14s per case. Walnuts, Is 3d per lb. Peanuts, Gd per lb. ; POULTRY. ' s : Hens, best heavy up to 6s each, medium 3b to 3s 6d, light 2s 6d. Table roosters, best ' heavy up to 6s, medium 3s 6d to 4s . 6<L light 2n 6d tto '3s, Ducks, Is 6d to 6s each. Geese, Bs each. 1 !. Turkey gobblers. 123 to 13a each; turkey hens, sa. >• '