COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1794, 5 July 1913, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHADES.. The sales of investment shares recorded yesterday wero:—National Bank, £5 35.; New Zealand Insurance, £5 45.; 1 Union Steam, two sales, at 435. 9d. each; and Leyland-O'Brlen, at 255. Tho quotations were as under:— Buyer*, Bellers. £ s. d. £ s. d. National Bank (old)' 5 3 0 5 3 3 Bank New Zealand — 11 0 0 Metropolitan Building ... — 12 7 6 N.Z. Loan, Merc, (pref.) 96 10 0 99 0 0 N.Z. and River Plate ... 2 0 0. — Well. Gas (£10) 16 0 0 - Well. Gas (pref.) — 019 9 N.Z. Insurance 6 4 0 — Christchurch Meat 15 2 6 — Gear Meat (£4) 12 ,6 0 - Meat Export (525. 6d.) ... 3 0 0 — N.Z. Shipping 16 0 0 — Union Steam ...j. *2 3 9 2 4 3 Taupiri Ooal — 1 1' 9 Wostport Coal 17 3 — Wcstport-Stockton 0 3 11 — Taringamutu Totara 2 3 9. — Golden Bay Cement — 10 0 N.Z. Drug — 2 5 9 Sharland's preference ... — 119 Ward and' Co 5 2 0 —' W.F.O.A. (£5) - 7 2 6 W.F.C.A. (£1) - 18 3 Customs duties collected at the port of Wellington yesterday amounted to £1763 3s. ARGENTINE SHIPMENTS. Tho Department of Agriculture, Industries, and Commerce has received tho following ca/blegram from Buenos Ayre6, dated July 3:—Tho following shipments of produco were dispatched from tho Argentine to tho United Kingdom'during June. 1913 (compared with June, 1912):— 1913. 1912! Frozen beef, quarters ... 138.000 184,000 Chilled beef, quarters ... 278,000 204,000 Frozen mutton, carcasses 95,000 258,000 Frozen lamb, carcasses 23,000 ICO.OOO Butter, cwt 40 — CANTERBURY GRAIN MARKET. (By Telegraph—Press Association.) Christchurch, July 4. There is no improvement of note in the local grain market, and business still remains practically at a standstill beyond the usual hand-to-mouth trade. The potato market has cased <=till further, and buyers are now offering only £3 at country stations, though a little more might be paid if supplies are wanted immediately. Several _ sales have been made at the price mentioned, the lots 'being of fair size. Larcer growers are, however, st.ill holding firmly, and are generally nskinir £4, lfor potato«j to pit thoie is very llttlo Uaauta ttoflotthsra. msiate. ami.

merchants are, therefore, not anxious to purchase. There is more demand for seed varieties, and prices vary considerably according to the quality of the potatoes offered. The general range of vahios is £5 60. to £5 10s. for early varieties. £4, for Gamekeepers, and £2 lCs. to £3 for TJp-to-Dates and Northern Stars at country stations. The quantity of cowgrass offering is much larger than was anticipated earlier in the season, and this (coupled with the low quotations received for American-grown eecd) ; hos caused a considerable easing off in prices. Prime samples are now quoted at 7d. and Sd., and inferior at 6d. to 61d. per lb. LONDON WOOL SALES. Br Telesraah—Precs Association—Copyright ■ . London, July 3. Blading at the wool sales was spirited. Good wools were very firm at opening rates. (Roc. July 4, 9.10 p.m.) London, July 4. The Bradford wool market presents a 6lightiy better tone; business la restricted, and pTicos are unchanged. At* the Ixmdon sales, the following prices were realised for the floece portions of the clips named:—Hat Point, top price, 13d.: average, lljd. Gear, 14d. and 12Jd. Messrs. Dalgoty and Company, Limited, ■Wellington, havo been advised by cablegram from their London, office, dated July 3, as follows:—"Wool sales continue firm and active, with bri6k competition. For merino wools of good quality and condition, change, if any, is in sellers' favour. Frozen meat: Market quiet, and prices unchanged, eicept for lamb prices are 3-Bd. lower. The market is tending downwards." BANK OP ENGLAND RETURNS. By Telegraph—Press Association—Copyright (Rfic. July' 4, 7.20 p.m.) London, July 4. The Bant of England return issued for the week ended Wednesday, July 2, is as under Isara Department Note Issue i 63.901.000 Gov.debt ... i 11,015,000 Other s«curi- • ties ... 7,434.000 Gold ... ... 55.452.000 £53,901,000 £63,901,000 BANKING DEPAMMEXT. Proprietors' Govt. Etcnrlcapital £14,653.000 ties £12.758,000 Fublio da- . Othor stcurlposits ... 14,737,000 ties 40.662,001 Otfacr deposits ... 16.644.000 Ketsi ... 24,271,003 Best, 7-day and other biUs... ... 3,343,000 Ctin- 1,597,000 £79,277,000 £79,277,000 The leading Items of the Bank of England return afford the following comparison This weak Last week Last year Bullion 35.452,000 36,771.000 38.924.000 Reserve 25,668.000 28,214.000 28.870,000 Note circulation 29,630.000 28,653.000 20.973.000 Public Deposits 14,737,000 18,032,000 21,376,000 Other Deposits 46,646,000 41,304.000 48.389.000 Proportion of reserve- ta liabilities... 42.14 47.63 ' 41.35 GOVERNMENT SEOTJEITIEB. The following are the latest quotations for Government ,securities, with a comparison of those ruling last week:—

■ BANK BATES OP INTEREST. The Bonk of England rata waa. on February 8, 1912, reduced from 4 to 3i per cent., and on May 9 It was further reduced to 3 cor cent. On August 29 it tow raised to 4 per cent., and on October 17 to 5 per cent. It was reduced to 45 per cent, on , April 17. 1913. The Bank of France rata was reduced i from 3J to 3 per cent, on January 23, 1908, i and , continued at the latter figure until September 12, 1911. when It was raised to !i per cent. On May 17, 1912, It was reduced to 3 per cent., on October 17 It was raised to 3 5 per cent., and on Octoher 30 to 4 per cent. - * MARKET BATES OP DISCOUNT. The following are the market rates for best three months' bills:— London Paris Berlin rato. • rate. rate, per per per cent. cent. cent. This week 4 6-16 33 5 Last woek 4 3-8 33 5} Last yeag 23 3i 3J Short loans are quoted at 3 .to- 3j ■ per cent., as against 3 3-8 per cent, last week, "and 2i per cent, last year. COLONIAL AND OTHER PRODUCE. Sugar.—German beet, 88 per 'cent, net titae, unchanged at 9s. 3d. per cwt.; first mark, granulated, f.o.b. Hamburg, unchanged at 12s. Id. Wheat.—Cargoes are steadier, in soneequenco of bettor advices from America and disquieting Balkan news, but theTe is little bidding. British wheat in the car Is looking well, though farmers are anxious for Tain. An Australian cargo, per sailer, is offering at 375. 6d per quarter for 6000 quartans, delivery in. July. An August shipment was sold at 36e. 3d. An Australian oargo landed sold at 395. 6d. Flour la alow. Australian afloat, 275. 6d. June shipment, 265. 6d. ' Oats.—La Plata, landed, 163. 3d. New Zealand oats are neglected. Finest A. Oartons, '253. and 25s 6d. Beans and peas are in. poor demand. Butter is steadier. Danish, 120s. and 1225. Large arrivals of- Siberian butter are selling at 965., 985.. and occasionally 1003. Australian choicest is in fair demand at 1045.: .secondaries, dragging sole, at. 98s. and 102s. Cheeseis firmer. New Zealand coloured, S4s.; white, 655. Owing to Canadian lots being oversold shorts are still squeezed. METAL MARKETS. Copper.—On spot, 2s. 6d. lower at £63 7s. 6d. per ton; three months. 10a. lower at £63' 10s.: electrolytic, unchanged at £68 5« Tin—On spot. £5 15s. lower at £184 10s. per ton; three months, £6 53. lower at £184 15s. The decline is due to free Eastern selling. Lead, soft foreign, 2s. 6d. higher at £19 15s. per ton. Pig-iron, Middlesboro' No. 3, 6d. higher at 555. 9d. per ton. Spelter, £20 10s. per torn RHEUMO WILL CURE YOUR RHEU- • MATISM A KEEP YOU CUBED. There are plenty of remedies that will relievo Rheumatism or Gout for the time being;. But there 19 but one remedy that cures permanently—and that Temedy is RHEUMO. R'henmo is compounded for the express and specific purpose of curing Uric Acid troubles.- It' does not claim to cure other troubles, but it cures and cures positively the Uric Acid diseasesRheumatism, Gout, Sciatioa, Lumbago, and the like. Sufferers who have been racked by the pains of Rheumatism for years, have been cured completely after a short course of RHEUMO, and many have written grateful letters to this effect. Hero is t'je story of an aged miner who suffered for 7 months with Rheumatism, and was cured by RHEUMO. Mr. W. Wearing is his name and he resides at Mntnura. "I am 79 years old," lie writes, "and have lived in Mata.ura 40 years. For 7 months I was a groat sufferer from Rheumatism, so bad that at times I could not leave my bed. I took four bottles of RHEUMO with the result that I was completely cured." Try RHEUMO—it has cured thousands. It cured Mr. Wearing and it will euro YOU. Of nil (ihoimsts and stores, 2s. Gd. and 4s. Gd.—Advt.

Mother alivavs keeps it handy. "\.\- ZOL" is a splendid remedy for Sore Throats, Coughs, and Colds. Put a fendrops on baby's nightdress. It. has a wondertul soothing effect.—Advt. Messrs. H:\reourt and Co. advertise in this issue that they have for sale four forms, one of 130 awes, one of lfiO acres, another <?!' AGO auras, >wl a fourth of S6O ssm & I

Variation — compared ' x Frlca; with . laeb week, £ «. d. •2J% Imperial Censola 72 10 0 7/6 lower I 4 „N.S.W. 1033Jan.-July 101 0 0 Unchauficd I 8i „N.S. W.1930-50Mr.-Sp 97 0 0 Unchanged 3i ,,N.S»\V.-1030-60 89 0 0 Unchanged 3 „N.S.W.1925 Apl.-Ocfc 82 0 0 Unchanged i „Vic. 1920 Jan.-July 09 0 0 Unchanged 81 „ Vic. 1021-6 Jan.-July 02 0 0 20s lower 3i „ Vic,-1920-49 01 0 0 Unchanged 3 „ Vic. 1920-49 J an.-July 76 T5 0 5g lower 8i „S,A. 1916 Jan.-July 89 0 0 -Unchanged 3 „8.A* 1916Jan.-July < 73 0 0 Unchanged 4, „QTdl915-24 Jan.-July 09 5 0 5g higher 88 „ QTdl922-47Jan.-July 02 15 0 5g lowGl' 3 ..Q'l'd 102'2-47Jan.-July 76 0 0 Unchanged 4 „N.Z. 1020 May»N«y. 100 0 0 Unchanged 3s „N.Z, 11)12-40Jan.-July 89 5 0 25s higher 3. „N.Z. li>20 April-Oct. 77 0 0 Unchanged 3i „W.A.1915-35May-NoY 83 0 0 Unchanged 3 „W.A,1915-35May-NoT 80 0 0 20s lower 3j „Tfts. 3020Jan.-July 88 0 0 Unchanged 3 ..Tftfl, 1920-40 Jan.-July 81 0 0 Unchanged