COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1301, 2 December 1911, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHAKES. A' tale of Union Steam shares at 41s. 9d. was tho only transaction recorded yesterday. The buying and selling quotations were as under:—

BANK OF ENGLAND RETURN. Br Teleeranb—Pros Association—Oopyrlcht (800. Deoember 1, 7.50 p.m.) London,' December 1. The Bank of England return, issued for tho week ended Wednesday, November 29, is as under:-— Issrs DHyABTHEHT Kftoil«si«... £51,758,000 Gov. debt ... «I,H!WJOO Other Etcarl tios ... - T,<34,000 GoW 26.30!,0CM £54,158,000 £54,758,W0 Bimxiko Departjiett. Proprietors* Govt, eecurl- n cipitil f».553,000 ties.., ... |U,«7,00 Tublio do- Other 6«ouriposit3 ... 12.133.000 ties 28.911,009 Otbcrae- „ posits ... 40.619.030 Notes ... 26,026,000 Rest, 7-day ind otbar bills 3,133.000 Coin 1.049,000 £70,*23,000 i70.123.0C0 The leading items of tho Sank of Eneland return afford the foUowinj companion:—

GOVERNMENT SKCUIUTIES. Tho following are the latest qnoUtloni (or Government tecuritics. with a comparison of thoso ruling last week:—

BANK KATES OP DISCOUNT. The Bank of England rate'waa, oG De-. cember 1, 1910,' lowered from 5 to 4J per cent.; on January 2? it waa: lowered to 4 per cent., on February Ifi to 35 per cent., and on March 9 to 3 per cent. On September 21 it was advanced to 4 per cent. Tho Bank of Franco rate iu reduce! from 35 to 3 per cent, on Januar.v la. !90>. and continued --at tho latter figure until September 21; 1911, when It was raised to .31 per cent. , Tho Imperial Bank of Germany redneedits rate from 5 to <1 per ccnt. on ■ February 6, and on February 19-the rate was further reduoed to 4 per. ,oent. On September 19 the rata was raised to 5 per cent. HAEKET EATES OF DISCOUNT. The following axe the marl:ct rates for beat three months' bills.— London . Paris ' Berlin rate. rate. ' rate.

Short loans are quoted at 3 per cent., as compared with 2i.pcr ccnt. last week, aud 4jj per cent, last year. COLONIAL AND OTHER PROPUOE. Wheat—The markets eto stagnant owins to the continuance of favourable reports from Argentine, and buyers arc only filling immediate requirements; 365. 6d. is asked for South Australian August shipment, 365. 6d. for November shipment, 355. 9d. for Australian February shipment, and 355. for parcels November-December shipment. Australian, on spot,'36s. 7d.; best New Zealand, 345. 6d. to 3os. Flour is dull. Australian patents, 24t. 9d. to 255. ex store. Oats arc Arm. La Plata, December shipment, 16s. 3Jd., , ■ Beans are hardening. . New Zoamm, 355. 6d. to 36?. Cd.' 1 Butter is firm" and nnohanged, except Australian unsalted, which is quoted at 130s. to 1325. ■ Tho small arrivals of colonial are readily elearcd. Argentine butter is arriving in excellent condition, and is selling at 1325. Sugar—German boot, 88 per cent, net titre, 2d. lower, at 16s. 3d. per cwt.: first mark granulated, f.o.b. Hamburg, Is. 4d. lower, at 17?. 4d. Bradford Tops—The market is slow. Tho onotations for futures are:—Sixty-fours, 35«.: super sixties, 24Jd.; common sixties, ?4d.; fifty-sixes, 20* d.: fifties, 17id.; fortysixes, 14d.; forties, 13d.

THE METAL MARKETS.' Copper.—On spot, 3?. 9d. lower, at £59 Is. 3d. per ton; three months, £53 I6s. 3d. Tin.- On epot, £6 higher, at £204 10s. per ton; tnree months. £193. Lead.—Soft foreign, £15 15s. per ton. l'ig-iron, 3d. lower, at 475. 9d. per ton. Spelter, 2s. Cd, higher, at £27 par ton. LONDON WOOL SALES. By Telegraph —Prcpti Ar negation—CflDYrhrht London, November 30. At the wool sales, a. good selection wss offered. There, .wan strong competition at opening rates.

SOME PRICES. By Tele&rAph—l'rotiH Association—Copyright (Rec. Deceiubor 1, 7.50 p.m.) Londcn, December I. At tho soles the followiug prices were Tealified:—"Ktashav»a," top price IG<l., average price 92(1.; T'ipjngarn, lop price 10d., average 9Jd» per lb. Customs duty collected at tho port of "Wellington yesterday amounted to £51083e.

Bnyers. Sellers. £ a. d. £ s.d. Equitable Building 9 15 0 — Well. Investment 0 11 6 — Well. Gas (£10) 18 7 6 - Well. Gas (new) .... — 5 0 0 Well. Gas (pref.) 0 210 - National Insurance —. t 18 3 — Christclinrch Moat 14 13 6 . — Weill Woollen (ord.) - ' 3 17 6 Well. Woollen (pref.) — — 3 0 0 Eiktrrangi Coal — 10 0 N.Z. Con. Dental 12 9 Ward and Co. ..._ — 5 0 0

ThlsweeU Lastwcok. Last voir £ £ £ Bnllion 36.3al.f«M C5.Sj-25.000 SJ.3U1.000 Reserve... - ... 27.07o.000 26.618.CM •25,63ti.'.'C!0 Koteoircnlition i!8.73!1.000 J8.501.C00 28.3J7,CfJO Puhlio Deposit! 12.H8.OH lii.818.0ia 11,(15,000 Other DepoaUs «.S19,0W 33.647J*W 33,085,000 ftojwittoJ! »t mm to • ••

I .Variations — ] ; compiled I Prica. with ! I last wcok. 25% Imperial Consols *<! 0 j S3, lower i ,.N.H,\V.3D3.i Jan.-July 100 10 0 , 10h. higher Si „y,S.W.iyi3.ustr.-S«}>. m o 0 Unchanged 3 ..N.S.W.lltfj Api.-Oct.j 5c3 li <1 ( liU'thaN^'ed 4 „ Vic. W2U JarWuJy I 10 5 0 0- "Unchanged Si „ Vic. iy2J-ti Jaa.-July j 18 10 0; Unchanged 3 „ Vic. I &> 1U 0) Unchanged 3i „S.A. 1916 Jan.-July j 9i JU »; 10s. hfchor 3 , S.A. IJlti Jan.-July h'.i O 0 IPs. higher 4 tl Q'l'dl915.2JJftU.nJuly lOJIO'Oj •Wiehantfed „«Tdm-3t>Jan.-,ruly 1-8 .0. 0. . Ida. higher 3 „ QTd Ji>22»47Jan.-,Tuly ao 0 0 10a. higher 4 „N.Z. 192? M ay-No v, .. 105! 0 0 | Unehe.nuod 3a UM0 Jun.-July yil 0 0j Unchanged 3 „N.S5. 1D4.'> April-Oct. tti 10 O '< - Unchanitod 36\V.A.1920-i0May-Nov 0*11) Oi ,Uuchauyod „ V>'.AMay-Novr W 0 0 1 "Unchanged 34 „ Tas. Jt'40Jan.*July . j *»3 U. 0 I ; *Jnuhanued V „T*&VJOJ-4Q Jan.yulyl' fctf 0'Oj'Unchanged

per cent, per cent, per ccnt. This week 3 9-16 3} <3 Last week 31 . .3*. 33 •• Last year 4 . . 2£ 41