FINANCE AND TRADE

New Zealand Mail, Issue 1509, 31 January 1901, Page 37

FINANCE AND TRADE

Laevy and Co., Ltd.., report the following wholesale selling prices on the Wellington produce market: —Wheat, 2s 8d per bushel; cats, 2s, 2s 2ci per bushel; barley, feed, Is lOd per bushel : maize, 3s per bushel; flour £7 per ton ; pollard, <£4 os per ton; bran, z. 3 10s per ten; oatmeal, £lO per ton; chaff, £3 os per ton; field beaus, Ss Id per bushel; potatoes, £6 per ton; onions, £8 per ton; ryegrass seed, 2s 9d to 4s per bushel; cocksfoot seed, 21 d to 4d per lb; butter, dairy 7d, separator Sd per lb; cheese, sld "per lb; bacon, 6d per lb ; fowls, 9d per pair; roosters, 3s per pair ; ducks, Ss 6d per pair; turkeys, 6s to 9s per pair; geese, 5s per pair; fresh eggs, 9d to lOd per dozen.

Messrs Freeman R. Jackson and Co., in conjunction with Messrs Abraham and Williams, report as to their Johnsonville sale:—Fat cattle in moderate numbers sold briskly 7 at rather better rates,, prime quality handy weights oxen making 225, coarser sorts 21s the 1001 b respectively. Prices ranged from £8 12s Gd to £9 7s 6d; cows and heifers, £5 15s to £7 ss, equal to 19s the lOCib. Fat sheep in limited supply were etjual to requirements, and sold on a par with last week’s rates, the demand, however, being only moderate. Prime ewes, 14s; medium, 12s 8d to 13s ; good wethers, los 6d; lighter sorts, 14s. The lambs, of medium quality, only made 8s lOd to 9s lOd.

The Department of Agriculture has received the following message from the Agent-General, dated London, 26th January 7 : —“Average price choicest butter, 110 s. New Zealand butter is giving satisfaction to buyers. There is a good demand for butter. Cbeese, 535. market dull. There are a. few complaints of ’off’ flavour in New Zealand choose. The hemp market is very firm ; good fair Wellington, £2l 10s; fair current Manila, £27. There are signs of improvement in the hemp market for distant deliveries. Cocksfoot unchanged.” COMMERCIAL CABLES. LONDON, January 25. GOVERNMENT SECURITIES. _ The following are the latest quotations for Government securities, "and a comparison with those ruling last week :

♦lnterest payable in May and November, t Interest .payable in January aarx July I Interest payable in April and October. THE MONEY MARKET. The market rate of discount for three months’ bills is 1-16 lower, at 4-J. per cent. The Bank of England rate remains unchanged at 5 per cent. COLONIAL AND OTHER PRODUCE.

Sugar is firm—German beet, 88deg., 1-p-l lower, at 9s l|d per-cwt; .first mark, granulated, f.0.b.. Hamburg, is l|d lower; at 11s 1 hel per cwt. Wheat—The markets are dull. Cargoes are neglected. Victorian JanuaryFebruary shipments, 30s per quarter; sailer parcels, 29s per quarter. Butter—The market is quiet. Colonial is slightly easier at 108 s to 110 s. Danish has slumped from 12os to 117 s. Cheese is dull—New Zealand, 53s to 54s per cwt. Kauri gum is dull; 4679 cases have been offered and 1000 sold. Threc-quarter-scraped 1255. Bradford Tops—The market is restricted. Common sixties, id lower, at per lb; super sixties, unchanged, at 19ld per lb. Wool—At the iroel awiee prices axo firm. Faulfcjes have a weaker tendency. The “ Highfield” clip brought 6-id. At the tallow sales 2175 casks were •offered, and 425 sold'. Prices are unchanged. THE PRICES oF METALS. Copper is quiet—Spot, 2s 6d higher, •at £7l 10s per ton; three months’, 2s 6d lower, at £72 per ton. Tin is firmer—Spot,- 82s 6d higher, at £124 12s 6d per ten; three months’, 40s higher, at £l2l 10s per ton. Pig iron—Glasgow warrants, 6d higher, at 53s 3d per to ll , f.o.b. in Clyde.: Lead, 2s 6cl lower, at £l6 per ton. Silver—Bar silver is quoted at 2s 4id per oz.

— Price Variation. 2| % Imperial Consols £ s. 95 n a <■ 10/- lower 4 O , New South Wales 113 0 0 Unch rged o New South Wales U'3 n 0 Unchanged 3 '/ o New South Wales 99 15 0 5/- lower 4 °/i Victorian .. 109 0 G Unchanged oh <;•. , Victorian 102 10 0 Uncha, ged 9 % 3* % Viet ori an South Australian (05 0 (i Unchanged 3 South Australian 93 0 ft Unchanged 4 U A Queensland 107 0 0 Unchanged s*% Queensland 102 (! C 5/- low- r 4 Vc New Zealand* .. !'3 0 0 Unchanged 3a % N ew Zealand t 16 15 0 Unchanged 3 New Zealandt 9t 0 0; 0 Unchanged «*% West Australian K0 15 Unchanged 3A <% T ;is»r» rtri an 102 0 O' Unchanged