COMMERCIAL ITEMS

Dominion, Volume 7, Issue 2265, 26 September 1914, Page 10

COMMERCIAL ITEMS

INVESTMENT SHAKES. There were no transactions in. investment, shares yesterday. The Quotations were as under:- • ;-.■-'. . £s. d. £s. d. Bank N.Z. (£3 6s. Bd.) ..'. 9 15 0 . BanlcN.Z..(£6 13s. 4d.)... 15 0 0 - Union Bonk - 55 0 0 N.Z. and Kiver Plato ... IIS 0 - Ohristohuroh Gas (£5) - 6 W ° —■ Well. Gas (£10) 15 15 0 - - Well. Gas (pref.) 0 19 6 - National Insurance — 210 " H-.Z. Insulrance 510 0 — South British- J2 0 . - Christchiirch Meat ......... 15 0 0 - Gear: (£1) .-■ \^'\ Meat' Export (£2 129. 6d.) - 216 0 Union Steam (ord.) — . 12 9 Union Steam (pref.) 0-9 6 — Well. Woollen (0rd.)...... 4 0 0 4 8 0 Westport-Stockton 0 2 0 — Leyland-O'Brien 10 6 — Manning and Co. 3-8 6 —■ Ward' and C 0.';... 4-8 6 . — . SOUTHERN MARKETS. Chrlstchurch, September, 25. Owing to the price of wheat not yet having been fixed by the Government Kiere is a good deal of uncertainty in the market. . A few sales of wheat have ; been made at se: at country stations, hut merchante are finding it difficult to effect re.-sales. There is not a large quantity offering, end holders do not appecjr anxious 'to sell. . The oats market is qliiet owing to the difficulty of getting shipping apace to England, and there is no change in the prices. ■ Oatsheaf chaff is dull of eale, buyers offering 555., but igi'owers are generally asking 60s. at country stations, The potato, market has weakened further, 30s. .being all that is offered. There is little inquiry. Stocks in store are reported to bo still large.. , , TAfeANAKI OIL WELLS, LTD. .. / (By 'i«lfgraph.—Press Association.) •:. : i New Plymouth, September 25. The T&ranaki Oil Wells report encouragingly of operations at. No. 2 well, which, has. been deepened and recased. A very ftcfcive new' ga.s vein was stirack this morning at 2750 feet, and after, two hours began to force oil to the surface. It is-still violent, and the oil is improving. The Rotary bore and No. 3 also continue to yield well. , '•.-.' ".'VICTORIAS' PBODTjCE JUKKET. .; By 'Teleera-ph—Pre" A«-ioiaf ion—rnpyrigli I ,■'-..•■■•' Melbourne, September 25. Wheat, 4s. 9d.; flour, £10 lCs.; breauV 7d. per 41b. loaf (all fixed by the Commission). Bran, £6 155.; pollard, £7; barley, English, 3s. 6d. to 45.; Oape. 2s. 10d. to 35.: oats, 2s. lid. to 3s. ljd.;-maize. 3s. IOJd.; potatoes, £3 to £5; onions, £10. . ' BANK OF ENGLAND EETUEN. By Telegraph—Press- Association—Cjpyright V (Eec. September 26,'0.15 a.m.) .■■■'-■'" ■:■:■■'■ ,:' London,; September 25. :'■', Tie Bank of England return-issued for the'; week' ended (.Wednesday/. September 23, is as under:—' : '■ : ■•■./'• Issue Defabtment Hctelisnc £60.477.000 Gcv.dobb ... £11,015,000 ■ ', ■':.-"• ' Other ttcuri- , '• ■ • ties i.iM.WO •'■ . ; •" Gold ... ... 61,023.080 '; f89.477.C00 • ■ ;•■/...' £69,477.000 ■,; .. Biwaua Depahtiiest. Fr»pri»tore'' •.'• . ■ Qovt. eecuri- ' capital iM.KS.COO ties £25,682,000 Publio do- . • ■"- ■ Other sec.uri- . ■ .posits ...28,623,000. ties.,. -/ ...125,267,000 OUircde-' : . ' ■ , ■ posits W0.267.C00 Netsa , „. 85,274,000 Best, 7-day ,/. ■ ■ '. . . uidtt'nei- -.-••. ■ ■ : bills;...;_ ... 3.426,009. Coin... , _ 64G.000 [. ". ': i 166,869,000 ■ £186,869,000 { The leading items, of the Bank of England return ■;afford the following comparieon:— ■ ■ ..'■'. -." : . ■. -■■.■■■"'. . This week Last week IJasl ytar ;. . ..■■" .'-.■ , £: :£ ■ £ Bnilion .„ ...' 51,(B8.000 48.034.0C0 30.107,000 KiEorve"..; '' ... 55.320.C00 82,5<8.000' 30.473.C00 Note Issue ... 34,203,000 34.623.000 28.659.000 Publio Deposits. 28.623.000 15.643.CC0 10.2a9.0G0 Other Deposits : 110,267.000 135,012,000. 41,968,000 Proportion of . : . ...... ■, . . reserve to . . '■ ' ' -liabilities.. 23.33 .' 21.18 ,58.34 .'■ '■.- . .MONET MABKET BATES. . : The Bank of England discount rate for three . months' bills is 3 1-8 per cent., against 3.3-16 per cent, last week, and 4J per-cent, last year. ' Short loans are quoted at 2 per cent., a? against 2i- per cent, last week, and 3 3-8 per' cent, last year. COLONIAL AND OTHEE PBODUOE. Butter is firm. Danish has advanced 45., colonial is nominally unchanged, in the -absence of- supplies. ■ • ;Oheesb is dull. Canadian, 745.; New Zealand supplies are exhaueted. Bacon is dull. Fair quantities of Danish are arriving, and selling at 80s. Sugar—Granulated 325. 6d. per owt. -- ; Bradford Tope.—Merinos are quiet. There ie better inquiry for all classes of orossbreds.: Sixty four's, ■ 28d.; super 6uti.es, ..27d.; common sixties, 26d. ''■■■'■■■ METAL MAEKETS. ■ Oopper.—The unofficial quotation for electrolytic copper is £55 per ton. Tin.—Straits tin, for caeh, : £136 10s. per ton.. . Spelter—American spelter, £25 to £25 IDs. per ton. ■ . ' : Pig-iron, 51e. per ton. . ■