THE LONDON MARKETS.

New Zealand Herald, Volume LXIII, Issue 19418, 28 August 1926, Page 9

THE LONDON MARKETS.

BANK OF ENGLAND RETURNS. COMPARISONS WITH LAST WEEK. t Australian and N.Z. Cable Association. (Reed. 10.35 p.m.) LONDON. Aug. 2G. The Bank of England returns for the week ended August 26, as compared with those for the week ended August 19, are as follow:

SHORT LOANS AND BILLS. | Short loans, per cent., compared with 4 1-8 per cent, last week; three months' hills, 4 19-32 per cent,, compared with per cent, last week. The following table gives quotations for consols and coioni<il inscribed stocks, com- J pared with thosq of August 19: — j

FOREIGN EXCHANGES. * The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on August 23 and

THE METAL MARKET." (Quotations on August 23 in parentheses.) Copper.—Spot, £SB lis 3d (£SB 18s 9d); three months, £59 6s 3d (£59 13s 9d). Lead.—Spot, £32 3s 9d (£32 15s); three months, £3l 16s 3d (£32 15s). Spelter.—Spot, £34 Is 3d (£34 ss); three months. £34 5s (£34 10s). Tin.—Spot, £203 Is 3d (£294 2s 6d.); three months, £2BB lis 3d (£2BB 7s 6d). Silver. —Standard. 28Jd (28 13-16 d) per oz.; fine, 31 3-16 d (31^d). WHEAT, FLOUR AND PULSE. Wheat.—Cargoes are quietly steady though somewhat irregular. Americans are harder and La Platas easier. Parcels are unchanged to occasionally 3d dearer. Liverpool futures:—October, sellers, 10s 9§d per cental; December, 10s 7||d; March, buyers, 10s 6|d. Spot trade slow at lower prices. Australian, ex ship, 58s 9d. Flour.—Dull. Australian, ex store, 43s 9d to 44s 3d. Peas and Beans.—Slow. BRADFORD TOPS. On the Bradford tops market crossbreds are still in strong demand, and there is more business in Merinos. Quotations are: —64's, 49£ d ; 60's, 45d ; 56's, 33d; 50's, 25J,-d; 46's, 22d; 40's. 20|d. NEW ZEALAND POTATOES. BARRED FROM VICTORIA. A. and N.Z. SYDNEY, An S . 27. The fact that no potatoes from New Zealand may now be landed in Victoria, as a result of the rejection of a consignment on the ground that the tubers were alleged to be affected with powdery scab, is viewed with amazement in produce circles in Sydney, says the Daily Telegraph. It is stated officially that New Zealand shipments of potatoes arriving in Sydney are not only of good quality and splendidly graded but free from diseaso except for traces of rhicotonia. The latter is a form of scab common to potatoes the world over. Officers have inspected all the potatoes which have arrived and as a further procaution samples have been sent to the State assistant biologist for microscopic examination. They were pronounced free from disease. A representative of the Victorian Department of Agriculture has been sent to the border to prevent New Zealand potatoes from crossing from New South Wales to Victoria. CALFSKINS MARKET. Cables received in Auckland yesterday from Boston stated the calfskin market was weak with a downward trend. CHICAGO WHEAT MARKET. Australian and N.Z. Cable Association. tßecd. 5.5 p.m.) CHICAGO. Aug. 26. Wheat. —September, 1 dollar 34| cents per bushel; December, 1 dollar 38£ cents; May, 1 dollar 43 cents. MELBOURNE PRODUCE. A. and N.Z. MELBOURNE, Aug. 27. Following are to-day's quotations on the Melbourne produce market Wheat.—Quiet. Nominal, 6a buyers offering 6s lOd. Oats. —Milling, 3s 6d to 3s 8d; feed, 3s 2d to 3s 3d. \ Barley.—English, 4s 6d to 4s 8d; Cape, 4s 3d. Potatoes. —£10 10s to £ll. Onions, £l9 to £2O. SOUTHERN EXCHANGES. [BY TELEGRAPH. —PRESS ASSOCIATION.] WELLINGTON. Friday. The following made on the Stock Exchange to-day:—Kawarau Mines, 6s Id. CHRISTCHUECH, Friday. Salos Reported.—Union Bank of Australia, £lss Is. £ls 0s 6d; Electro. Zinc (pref., euro div.). 36s 9d, (two Sales on 'Change.—New Zealand Refrigerating (10s paid), 6s lid; Kaiapoi Woolens (173 paid), lis; Mount Lyell, 25s lOd (three parcels). DUNEDIN, Friday. Sales.—Kawarau. 6s Id (four), 6s (four); Mount Lyell, 25s lid. Sales Reported.—Wilsons Cement, 33s Gd; Union. Steam, 20s 3d; Natural Bridge, 9d prem. PROPERTY SALES. T. Mandeno Jackson sold at auction yesterday a property of 93 acres, freehold, situated about 4§ miles from Weilsford, for £llOO. A property of acres at Omataroa, in the Rangitaiki s&rvey district, was sold for £750. A farm of 40 acres, situated two miles from Ruawai Wharf, with buildings, offered at auction by Messrs. Rutherford, Robinson and Austin, was bought in by the mortgagee. Five sections suitable for building sites failed to reach the reserve.

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VariaPrice. tion. £ s. d. s. d. Consols, 2$ per cent. 55 ■3 6 22 6* 5 0* British, 3i War Loan . . 97 7 6 British, 5, War Loan . . 101 2 6 Same. Conversion Loan, 3! . . 74 5 0 30 o*; Commonwealth, 5}. 1922-27 101 2 6 Same. Commonwealth, G, 1931-41 102 12 6 2 Gt Victorian, 3, 1929-19 . . 71 12 6 2 6t Victorian, 3i, 19.9-19 78 5 0 7 61 Victorian, 5i, 1930-40 . . 102 12 6 2 6* Victorian, 6, 1932-12 100 12 6 10 0* Victorian, 4f, 1940-60 . . 9G 0 0 10 0* N.S.W.. 4, 1333 91 12 6 2 6* N.S.W., 3, 1985 82 15 0 Same. N.S.W., 3}, 1930-50 74 2 6 5 01 N.S.W., 61 1922-32 101 5 0 Same. N.S.W.. Gi. 1930-40 103 2 6 7 6* N.S.W.. 6, 1930-40 102 17 S Same. Queensland. 3i, 1930 . . 92 12 6 2 6t Queensland, 3, 1922-47 . . 69 0 0 5 Ot Queensland, 6, 1930-40 , . 102 15 0 7 et New Zealand. 4, 1929 . . 97 5 0 Same. New Zealand, 3{, 1940 . 85 12 6 5 Of New Zealand, 3, 1945 . . 76 15 0 Same. New Zealand. 6, 1936-51 . 108 12 6 17 Gt S. Australia, 31, 1939 . . 82 5 0 10 0* S. Aust., 3, 1916 or after 60 10 0 10 m S Australia, 6i, 1930-40 . 103 15 0 10 0+ Same. Tasmania. 3}, 1920-40 , . 83 12 6 Tasmania. S. 1920-40 . . 78 0 0 Same. Tasmania. 6i, 1930-40 101 0 0 2 61 W. Australia. Si, 1929-35 87 12 6 10 01 W, Australia, 3, 1915-35 . . 84 0 0 Same. W. Australia. 6. 1930-40 . . 102 0 0 Same. tHiprber. 'Lower. IEx interest.

par: Aug. 26. Aupc. 23. Par. Brussels, fr. 178.82 178.62 25.225 Paris, fr. . . • 170.12 172.37 25.225 Stockholm, kr. 18.14 18.15 18.159 Oslo, kr. . . 22.16 22.16 18.159 Copenhagen, kr.. 18.29 18,28 . 18.159 Berlin, r.m.. 20.3G 20.40 20.43 Rome, lire 148.00 160.12 25.225 Calcutta, pence . 13.00 18.00 24 Yokohama, pence 23 1.1-16 23 11-16 24} Hongkong pence 26} 26 i _ Montreal, dol. 4.845 4.845 4.866 New York. . dol. 4.85 5-16 4.85 11-16 4.866 Amsterdam, fl. , 12.11} 12.11} 12.10 Batavia, fl. . 12.071 • 12.081 .