COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2313, 21 November 1914, Page 10

COMMERCIAL ITEMS

.'■:DIYESTMBNT:SHASEB. ■'.'.;' . No' business ■was •:'done "in ■,in'Te6tment shores yesterday.'.- The. 'quotatione were as under:r-i ■••■' .-■.-• :" „ „'.' .- ;■;■... .:. ■■■■Bilyets ' Bclleri. " . ■-. ,- - ; v: '.:'•.-' '■■■ -.■■■■ :!£s. d. :£a,;d.' National'.''Bank. .;.'.....«.'....'5 3 0 . — Bank U.Z. (new) 15 6 6 — Union Bank ..; :..v......51 0-.o' • - Well. Trust, Loon, Ltd, 7-5 0 . —■; Christchurch Gae (£5) ... - ; 72 6 Well. .Gas (£10) : «0 0 16 i 6 Gear (£4),.:.. •.■;;.'..•... .14 26. — Meat Esport(£2 t2s. 6d.) -'. BIS 0 ■Union.; Steam (ord.) ~'.;.. 1 1 3. ' — Union; Steam (pref.)....... 1 0 3, — Westport-Stockton 0 3 8 — •Leyland-O'Brien ; ••...I 1:3 •• . —'• Taringamutu ■ ~ ■;».' ' Manning and 00. 317 6 ■ — N.Z. Drag .....■...,.■. -■■ ' !? *Ex dividend. '■,':. Customs, duty collected, at the port of -Wellinston yesterday amounted to £1526 13s. Ud. ' ■ : : "

• ';■■: THAMES . DEAINAGE . BOAED. '/•■' ' (By Telegraph.—Press Association.) Auckland, November 20. At a, meeting of the Thames Drainage Board to-day the engineer etated that in compliance with instructions the pumping machinery was stopped on October 29. It was decided to write to the Government requesting a grant in order that the board might discharge ite liabilities. A call on the companies concerned for more contribntions ; will also be made. ■ •;. _ •'epUTHEEN:MAEKETa. '" [ 'y"'■'. '.'••'' ' , chrlstohuroh, November. 20. It is reported that one or two sales, of; wheat have'been made'during'theweek fpr; 'the- , North-Island andvfor southern, mills, and although, there are-rumours ne to the, prices, -the', terms. are.:not. definitely ..known. In oate:'there as very, Uttle 'doing, ; but in. view-of'the shortness of .supplies and the 'continuance-of .^dryv .weathervthe■_market is firm:::i-Potatoes -have further •advanced,: and are now quoted at 50a.' to 655. _per ton at "country stations. ..It is anticipated that ■■the,- cooksfoot.crop on Bank's Peninsula'will be a very short one this season. Only a limited area will be shut up for -seed, as-tho shortness of feed on account of the prolonged dry eea6bn prevents the •'ouitailing'..'.of; grazing areas. ' .;■;'. ; . '' '■" '■'". TALLOW. . ' ' / ■ The New, Zealand Loan' and Mercantile Agency Company, Limited, have Teceived the following cablegram from-their London houser'under date Novomber 18:—ml.lojv. nte'istdvjanced 9d. SCOTTISH , AUSTRALIAN INVESTMENT "" '•■ ': ■ ".. COMPANY. '.■(•' _By Telegraph—Frees Assocfation—Copyright ■ .; : ■:■■■ .'-''»'■■.'''.'.., ' London, November 19. '• ■The'Bcottieli Anstralian -Investment Company -,lee. a dlvlshle balance ol £141*704. • T VVICTOEiAN' PEODTJOE MAEKET. '.' Melbournei November 20. Buyers are -unable to procure' wheet> flour, bmn. and pollard. ,■„;.■. :• Official-qnotations are:-Barley, English malting 55.-.9d.',t0 fe., Cape te._3d. to 4s. ii.; oats.' 3s: : sdrto 3s. .6Jd.; maize. 4s. ld.to■4s.' 2d.;-' potatoes, £4'to.£s 10s.; new, 6s. to 7s. per case; onions, £12. v:;:.'.: BANK"OP ENGLAND EETUEN.. _ ;'^«(R«c-!November 20, '3 p.m:) ';' -' ''■' •'•'■■ A / '"' ' London,' Ndyember 19. ; ■-. The Bank of England return issued &>r,i"the : .iweek ended .Wednesday, No.fvember,lß, is as under:—. . '"! I«»»e Bctibthesi . . ,; K»t«lll»» ,000 Gev.asbt ... 411,016.000 . Otbarsicwl- .•■■'•..'- ;.. ties ...:;„.. 7,<M.000. .: ; : ;;; '■;■ w e,li •••: •••• 73.0ie.00a ' ' :■' ■'-. ' f9Ww!OM ... «0,167.000 1 '•' BisSMO DEPiBijiSOT. . . PrepKltten , • Qovt. Biouri- . capital £14.663,000 tloa. £18,601,000 rubliodt- Dther Honri- ~ • : ■■ -poEita ... 16.586.G00 tin.. ...IOUIB.aiO •'•ttwat.';'.-'' ' • posits ...H7.335.0W Natil „ 65.1 M.OOO Beit,T^ey.'-r : .- .' . ,', :. .'. \ . and*thor . . bill J.,. ... 3.237.0 M Oein... „. 653,000 '■■■■:■;' ' iISUiUm -..'■■;• :, • ■.fflffl.ai.OOO. The leading items .of ithe ■.Bank of -Enßland return afford tie following oompari6on)— ■ ... • ' ■'•■■■; ■ i'.,--.• ' '-. 3Sil«w«»k li»riwe«klitrtyear "'■. ■•":■'■■■. .'*-.£■ £ BnlHea .„ ..„ 72.018.000 68.678,000 55,M5,000 Reiervt... ... 65.707,000 63.213.000. 26,868.000 ,-Not»leaue ... .35,313.000 86.619.000-a8;<03.000. PublloDapoiilti 16.286,000 10.M9.0C0 10,611.000 Otior Dsposltl 147.336.CC0 137.687.000 38.2-18,000 Proportion o( '.iJabSttM* 34.04 : 33,35 64.91 , HONEY HAEKET. ': v ' The Bank of England discount rate was on January 2, 19W, reduced from 6 to'IJ per cent., on January 22 it was reduced to 1 -per cent., and on January 29 to 3 per ■cent. On July 30 the rato wag raised to (i»r cent.', on July 31' it wne raispd to . per cent., and on Aueust' 1 it was fur.- . tlier advanced to 10 per cent.. On August 6 the rato wae reduced'to- 6 por cent., on Aueust 7 it was further reduced to 5 per cent., at which, rate it now stands. '.. The Bank of France rate is 7 per cent., as a-gainst 7 per cent, last week, and 4 , per cent last year. OPEN HAEKET BATES. The open market discount rate lor three months' bills is il per cent., ae compared with 2.15-16 per cent, last week, and 5 per cent, last yoaj. Short loans are quoted at 11 per cent., • as against lj per cent, last wceK, ana 3J--1 to 43 per cent, last year. ■■: , ■COLONIAL AND OTEEE PEODUOE. Tho wheat market is firm, in. eympftthy with Wednesday's improvement. .For American there is little domand. Au& tralian, landed, brought 50e. , Flour—Market firm. Australian metoro, 365. to 36e. d. ■ ■ ~ _ Barley is firm. Australian Chevalier, ' 335. to 355. The market for beans and peae is nrm, and" pricee aro unchanged. Oats.—Market auiot. Im, Plata, Decem-ber-January, '225. 9d. ■•■■ . ... .'•' The butter : market' w very firm, witn good inquiry for . colonial. Australian choicest, salted, 124e., 1265., and 1285.; un- : Ealt«d, : 1285.'-and 130 a ;, New Zealand, 128s. ■ to-1303.'- •■■,; ■ ■ : '■ .-.: . ' ': Sugar.—Foreign BTanulated rairar. Iβ '. quoted dt 275. 3d. per cwt. . : Bradford Tope.—Th« market is cheerful. . Everything'-' ie ifl sellers' favour, eicept .merinos; for future, delivery. "''.' ' . ...METAL itABKETS. Oooper.-0n spoi £53 12s. 6d. to £53 17s. 6d. per ton; three months, £53 17s. 6d. to £54; electrolytic. £55 15s. to £56 ss. Tin-On epot. £135 to £136 55.; three months, £135 10a. to £136. Pig-iron ie quoted at 50b. per ton. Lead, soft foreign, £18 per ton. Spelter, £25 to £25 se. per ton. Bar silver is quoted at 223 d. per ounce standard. . .- .