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THE WHEAT MARKET (United Press Association—By Electric Telegraph—Copyright; i: . f : NEW YORK, Bth January. • " Chicago wheat: March 81, May 82$, ".,'. July 66. - - • • - - CALL MONEY NEW YORK, Bth January. The call money rate of renewal was' one and a half all day. BANKING RETURNS (By Telegraph -Press Association) ) . WELLINGTON, This Day. ;;j Salient features of the banking returns for the past quarter are summarised asvunder: Government deposits increased £201,005; free deposits decreased , 1 £4,130,655; fixed . deposits increased £2,147,318; advances increased £602,087; discounts decreased £27,270; cir- !;) dilation decreased £411134; coin and bullion decreased £262,400. The abovq ..! comparison is with the December quar-' •*' ter of 1929. There is a- very substantial shrinkage in the current account bal- '>■ ances, and a fairly heavy, contraction in !i; note circulation, these two items repre- j[' senting the spending power. LONDON DAIRY PRODUCE MARKETS .A- ' Tlie New Zealand Loan and Mercantile Agency Co., Ltd., have received■, the t following advice from their London ;• house dated 7th. inst.:— Produce. (Last week’s figures in parentheses).—Butter. New Zealand choicest salted 117 sto 118 s per cwt (116 s " ; to 118 s). Market quiet. <\ Cheese.—-White 59s per cwt (61s to"* i; 625), coloured 58s (59s to 60s). -Veryy quiet. FROZEN MEAT \,v^ Messrs Dalgety and Company report under date London. Bth inst. Lamb (new season’s). —New Zealand prime North Island lamb, 28/361bs 9d, ~ 36/42 9d. 2nd quality 8/d. Market for New Zealand lamb weaker; demand moderate. Mutton (last season’s). —New Zealand prime North Island mutton, 48/561bs 4|d, 56/64 4/-d, 64/72 4id; ewes 48/64 t 3/d. Market for New Zealand mutton weaker; demand limited. Australian Lamb (new season’s). — G.A.Q. Australian lamb 28/361bs 7fd, 36/42 7gd ;"f.a.q. 28/36 6|d, 3rd 6d. Market for Australian lamb weaker; demand limited. ' ■ k Australian Mutton (last season’s). — G.A.Q. Australian mutton 40/601b5.3/d, f.a.q. 30/55 3/d, Australian ewes i«3/d. Market for Australian mutton weaker; demand poor. Beef.—New Zealand prime ox beef, hinds 5/d, fores 4d; Argentine chilled hinds 6/d, fores 4d. Market for- New Zealand beef unchanged ; demand, fair. Pork.—English porkers 80/1001bs 10c!; New Zealand porkers 80/1001bs 7/d, 100/1201bs 6d. Market for New Zealand pork weak; demand moderate.
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Bibliographic details
Nelson Evening Mail, Volume LXIV, 10 January 1931, Page 7
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350COMMERCIAL Nelson Evening Mail, Volume LXIV, 10 January 1931, Page 7
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