THE LONDON MARKETS.

New Zealand Herald, Volume LXVI, Issue 20229, 13 April 1929, Page 9

THE LONDON MARKETS.

BANK OF ENGLAND RETURNS. COMPARISON WITH LAST WEEK. Australian Press Association—United Service (Received April 12, 5.5 p.m.) LONDON. April 12. The Bank of England returns for the week ended April 11, as compared with those for the week ended April 4, arc as follows: — April 11. April i. X X Note circulation . 115.01-T.OOO 111.045.000 Coin .. 1(10,.'5I1,000 15!).291,000 Reserve .. .. 53,1(52,000 51,117,000 Govt, deposits . 17.20i;,000 17,705,000 Other deposits .. 100,518.000 104,57(1.000 Govt, securities .. 5:1,277,000 50,5)57,000 Other securities 28,7(11,000 20,590,000 Proportion of reservo to liabilities .. . 45.30 41.70 SHORT LOANS AND BILLS. f?hort loans, per cent., same as last week; three months' bills, 5 5-16 per cent, compared with 5 23-64 per cent, last week. CONSOLS AND COLONIAL STOCKS. The following table gives quotations for consols and colonial inscribed stocks, compared with those of April 4:—

BRADFORD TOPS. On tho Bradford tops market Merinos are stagnant. Crossbreds are firmly held. Quotations are:—Sixty-fours, 43d; sixties, 41d; fifty-sixes, 32d; fifties, 28ci; forty-sixes. 23d; forties, 22J,d. WHEAT, FLOUR AND PULSE. Wheat.—Cargoes, in sympathy with higher closing American quotations, are fully steady, excepting La Platas. Part of I lie cargo by the East Wales, 45s 6d; part of the King Howell's, 455, bulk. Both' sold yesterday. A cargo of 7246 tons by the Innesmoor, 45s 3d, bags; 44s 9d. bulk; a cargo of 8300 tons by tho Nerbudda for Bombay, 43s ljd, equalling 45s 10J,d in tho United Kingdom. Parcels are rather harder to buy. A South Australian parcel by the Port Adelaide at 45s 6d was sold at Hull, and a West Australian parcel by the Moreton Bay realised 45i, 6d. Liverpool futures—May, 8s lid pei cental; July, 9s 2;Jd ; October, 9s 5 7-Bd. Spot trade fully steady; prices mostly dearer. Australian, ex ship. 47s 6d. Flour.—Quietly steady. Australian, ex store, 34s 9d.

Oats.—Slow. Australian Algerian, 27s 6d to 295; A Cartons, 31s to 325. Peas.-—Blue are in better demand. Tasmania!!, 380s to 400s; New Zealand. 360s to 380s. Maples.—Slow. Tasmania!!, 65s to 70s; New Zealand, 50s to 60s. Beans. —New Zealand, 49s to 50s. Beet Sugar.—May, 8s 6d. THE-METAL MARKETS. (Quotations on April 8 in parentheses.) Copper.—'-'pot, £72 7s 6d (£BB 2s 6d) ; three months, £69 6s 3d (£B7 8s 9d). Electrolytic Copper.—Spot. £BS (£104): three months, £95 (£lO7 10s). Wire Bars.—£9s (£107). Lead.—Spot, £24 :0s (£24 18s 9-1) ; three months, £23 16s 3d (£24 16s 3d). Spelter.—Spot. £26 13s 9d (£26 17s 6d) ; three months. £26 8s 9d (£26 15s). Tin.—Spot. £2lO 12s 6d (£216 3s 9d); three months, £2ll 7s 6d (£216 12s 6d). Silver.—Standard. 25 5-16(1 (25 13-16 d) per oz.; fine, 28d (27 7-8(1). THE PRICE OF GOLD. Gold is quoted to-day at 84s 11 jd per oz. FOREIGN EXCHANGES. (Received April 12. 6.54 p.m.) British Wireless, RUGBY, April 11. The following rates on foreign exchanges are current to-day, compared with the cabled quotations on April 9 and par:

NEW YORK CALL MONEY. Auslralian and X./-. Press Association. NEW YORK. April 11. Call money is quoted at 9 per cent. MELBOURNE PRODUCE MARKET. Australian and N.7<. I'icsr Association. MELBOURNE. April 12. The following arc to-day's quotations on the .Melbourne produce market-: Wheat : 4s 9d. Flour: £ll to £ll ss. Bran : £b 10s. Pollard : £7. (tats: 3s Id lo 3s 2d. Barley: English, 'ls 3d Mni/.o: ss. STOCK SALES. VALUES AT IE AWW Ml" IT.'. [ISY TELEGKAI'H. —OWN COKRESPONDEN I. J HAMILTON. Friday. The New Zealand Loan and Mercantile V-ency Company. Limited. Hamilton, repoit. —At tho To Awamutu sale .yesterday a goocl yarding of all classes o£ stock came forward. Beef Bold under keen competition ut prices quite on a par with those ruling at other centres. Store cattle met with only a. modoral e demand, with the exception of hiehgrade weaner Jersey heifers, foi winch tneic was considerable inquiry. We quote: Bat steers. £ll 15s to £l3 15s: henvy fat cows. i 8 15s to £9 10s: medium weights £/ bs to £8 7s f>d: liclit fat cows imd heifers, £<_> to £7 2s 6cl: plain killnble cows. £o to £■> 17s Od: boner cows. ,f2 17s to £'4: two-year Jersey-cross heifers, in calf. £8 to £S_los: high-grade weaner Jersey heifers. £5 5s to (5 iSs; small Friesinn weaner heifers I'l lfls to £2 7s; springing heifers. £1 10s to €9 10s; dairy cows, .€5 15s to 10s: bulls. <"'< 15s lo i'i>: shorn lti.s. lambs. £1 in Pigs: Light bnconers, £2 15s to A'a f.s: M porkers, t'2 7s to C2 12s: light porkers. £1 t:is to £' I 17s: weaners. 5s to 10s OFFERING AT HAMILTON EAST[IIV TELEtiR.U'II. —OWN COKItESI'ON DENT HAMILTON. Friday. The Farmers' Co-operative Auctioneering Company, Limited, reports having hold its Hamilton Fast Block sale yesterday, when nnly a small yarding came forward. Quotations are: Light fat cows, to £7: forward cows. £'s to £5 56: store cows and lieifers, C 1 ."a to Ct 10s: Jersey ami Jersey-cross heifer calves, £3 fis to £3 7s.

Price. Variation. £ 8. d. 8. d. Consols, i.J per ceul. .. 55 5 0 10 0* Funding Loan, 4, 1960-90 88 0 0 15 Ot War Loan, 5. 1929-47 .. 102 12 6 5 ot Conversion Loan, 3! 77 10 0 10 ot Com'wealth, 51, 1022-27 93 17 6 2 (it Com'weultli, 6, 1931-11 .. 101 10 0 10 Ot Victorian, 3, 1029-19 .. 70 17 6 o ()• Victorian, 31, 1029 40 .. 75 15 0 5 0" Victorian, 5j, 1030-40 00 7 6 7 fit Victorian, 5, 1932-12 06 0 0 15 0* Victorian, 11. 1910 GO .. 93 0 0 10 Ot N.S.W.. 1. 1033 .. 93 17 ('. 3 9t N.S.W., 3, 1935 .. 75 in 0 2 0* N.S.W., 3'., 1930-50 84 15 0 5 Ot N.S.W., 5", 1922-32 09 10 0 o fit fit N.S.W., <ii, 1030 10 101 12 r, 2 N.S.W.. G. 1030-10 100 0 0 2 li* Queensland, 3!, 1030 97 10 3 5 nt Queensland, 3, 1022-47 71 10 0 1 31 Queensland, li, 1030 411 .. 101 0 0 Same. New Zealand, 1. 1020 .. 99 0 n 5 nt New Zealand, 35, 1010 .. 8fi 15 0 5 ot New Zealand. 3, 101") 77 12 0 o fit New Zealand, 0, 193(V5t 105 5 0 2 (it S. Australia. 3'.. 19 !3 .. 83 12 fi 7 fit S. Australia,3, 1010 or after 58 15 0 5 0* Auhtralia. <j}. 1030-10 101 12 f) r, 3t Tasmania, 3', "1920-40 .. 84 10 n 15 Ot Tasmania, 3, 1920-10 .. 80 0 0 . 10 n* Tasmania, (i!, 1030-40 101 7 fi 2 fit W. Australia, 3!. 1929-35 88 10 0 8 ot W. Australia, 3. 1915-35 . 8f) 15 n 32 fit TV Australia, fi. ;030-40 101 0 0 10 0* tHifiher 'Lower.

A pi. 11 Aj-1. 9 Par. Montreal, do!. . 4.S91 4.85 4.set; J\e\v York, dol. 4.85 13-32 4.85! 4 .Sfifi .Paris, fr. . 124.25 124.25 121.21 Brussels, bclga . 34.05 34.95 35.00 Geneva, fr. . . . 25 22 25.215 25 22 Amsterdam, fl. . 12.09} 12.09; 12.10 Rome, lire . 92.75 92.805 92.4C. Berlin, r.m. . . . 20.17 20.475 2(1.43 Stockholm, kr. . IS. 19 18.1,S IS. 159 Oslo, kr. . . . 18.20 18.20 IS.159 Copenhagen, kr . 18.21 18.21 IS.139 Vienna, ach. . . . 34.50 34.555 34.58J Plague, kr. . . . 1 (')■« 1(4 ;>t.02 Hclsingfors. mark . . 193 193 192.23 Madrid, pes. . . . 32.1145 32.575 25.225 Lisbon, escii. . io?: 10SS — Athens, dr. . 37 5 37,"> 375.00 Bucharest, lei. . 817! 81"i 25.22I\'io tie Janeira, mil 5 27-32 5 27-32 — Buenos Aires, dnl. 47 fl-32" 47 11-32 17.57 cl Calcutta, rupeo 17 15-1 fi 17 1-1(1 18d Shanghai, tael Hongkong, dollar . . 3ft 3(1 — 23". — 24.5Sd Yokohama, yen 22 1 32 22 3-32 Batavin, fl. . . 12.11 12.14 12.10