COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2438, 17 April 1915, Page 10

COMMERCIAL ITEMS

INVESTMENT SHARES. Golden Bay Cement shares were reported to have changed hands at the Wellington Stock Exchange yesterday at £1 Os. 3d. Quotations were as under:— Buyers. Hellers. £ s. d. £ e. d.

Customs duty collected at the port of Wellington yesterday amounted to £2046 lis. SOUTHERN MARKETS. '(By Telegraph.—Press Association.) Chrlstchurch, April 16. Tho grain markets show practically no change. Offerings of wheat remain small, and there is little inquiry for it from merchants. vho seem 'to have filled their requirements. Oate have a better tone, and are firm at late rates. There is good inquiry for oataheaf chaff, and some business with Australia has been done in oatstraw chafen, which commands 455. per ton; very readily. Peas have weakened a little, best sorts being lower'by 3d. A general rise has taken place in butter, cheese, and eggs. Butter now 6tonds at Is. 4d. for factory, separator at Is. Id., and dairy at Is., while eheeise of all kinds has advanced id. to 3d. per lb. Eggs are also worth a penny . more per dozen. ADELAIDE WOOL SALES. (By Telegraph.—Press Assn.—Copyright.) Adelaide, April 16. At the wool sales twelve thousand boles were catalogued. Prices for good super wools were firm; those for inferior classes declining. The best prices were Md. for merino and 13d. for crossbred. SYDNEY WOOL SALES. Sydney. April 16. Owing to the dearth of freight the; forthcoming Sydney wool sales are being restricted to twenty, thousand bales weekly. AUSTRALIAN PRODTJOE MARKETS. Melbourne, April 16. Wheat, 7iS. lid.; flour. £17 106.; oats, ss. sd. to ss. 6d.; barley, English, ss. 6d. to 65.; maize, Victorian 6s. to 6s. M„ Pava ss. lid. to 65.; bran, £10'55.; p'ollaTd, £11 55.; potatoes, £5; onions, £5 15s. to £6. BANK OF ENGLAND BETURN. By Telegraph—Press Association—Copyright London, April 15. The Bank of England return for the week ended Wednesday, April 14, is as under:— ' . ' ' IBSOE DEPAETMENT. Note Issue £72,368,000 Gov. debt ... £11,015,000 Other securities 7,434,000 Gold ... ... 63,919,000 £72,868,000 £72,368,000 ' Banking Department. Proprietors' Gov. securicapital £14,553,000 tics £47,860,000 Public de- Other securi- ' posits ... 104,157,000 , ties 137,813,000 Other deposits ... 103,969,000 Notes 37,800,000 Rest, 7-day and other bills ... 3.170.000 Coin 1,376.000 .£•224,849,000 , £224,849,000 GOVERNMENT SECURITIES.- . London, April 15. Current quotations for Consolidated Australasian Government stocks, compared with those of .last week are:—

MONEY MARKET. The Bank .of England discount rate, was on January 2, 1914, reduced from 5 to 45 per cent.,, on January 22, It was Teduced to 4 per cent., and on January 28 and 3 per nent. On July 30 tho rate was rai6ed to 4 per cent., on July 31 it was raised to 8 per cent., and on August 1 it was further advanced to 10 per cent. On August 6 the rate was reduced to 6 per cent., on August 7 it was further reduced to 5 per cent., at which rate it now stands. The Bank of Prance rate is 7 per cent., as against 4 per cent. la6t year. OPEN MARKET BATES. Tho open, market discount rate for three ironths' bills is 3J per cent., as compared with 3J per cent, last week. Short loans are quoted at 12 per cent., as against 13 per cent, last week. COLONIAL AND OTHER PEODUOE. Wheat.—The market Is nrmer. The flour market is firm. Barley—Market steady. Chits—Market Arm. New Zealand, 355. to 375.; Bahia Blanca, April-May, 295. 3d. Beans and Peas.—Market quiet and prices unchanged. Sugar.—Market quiet, prices unchanged. The Bradford wool market is auiet Forty-sixes, 26id.; 40's, 25id. Tho butter market is quiet and slightly easier. Australian choicest salted, 128s. to 1305., and exceptonally good, 1325.; secondary, 1225. to 1245.; unsalted, 1325. to 134 a. New Zealand choicest, 1325. to 1345.; ua salted, 138s. The cheese market is firm. New Zealand 935.; Australian. 89s. to 9Zs. THE METAL MARKETS. Copper—On the spot, £73 ss. to £73 10s.; three months, £74 to £74 55.; electrolytic, £79 to £80. Tin.—On, the spot, £167 10s. to £168; three months, £167 to £167 10s. Pig Iron.—67s. Lead.—£2o 17s. 6d. and £20 12s. 6d. Spelter—£4s 10s. and £46 10s. Bar silver is quoted at 23 9-16 d. per ounce standard. Messrs. DalgCty end Company, Limited, report;—At our weekly Paimcrston North stock, sale on Thursday we offered a largo yarding of sheep and cattle. Quotations:— Empty ewes, lis. Bd.; shorn forward lambs, 13s. Bd.; fat and forward early shorn lambs, 15s. 8(1.; 3-year bullocks u.p to £9 13s. 6d.; fat bullocks, £15 45,; store cows, £4 45.; springinß heifers, cloeo to salvias, £4 18s, j

Bank ff.Z. (£3 6s. fed.) ... - 11 2 6 Bank N.. (£6 13s. 4d.) ...... 17 2 0 Eauiteble Building 9 8 0 — N.Z. and.Biver Plate 2 6 0 — Wn. Invest. T. and A. ... 0 11 3 — Wellington Gas (£10) ...... 16 7 6 « — N.Z. Insurance ; 6 2 0 — N.Z. Shipping (pref.) 10 10 0 — Kaiapoi Woollen (pref.) 5 0 0 — Mosgiel Woollen. 3 16 0 — Wn. Woollen, (ord.) .'. 4 10 0 — Wrtn. Woolten (pref.) ... 3 6 0 — Westport Coal '. 112 9 113 3 Leyland-O'Brien 12 3 — Manning and Co — 4 17 6 Sharland (ord.) 13 6 — Sharland (pref.) 13 6 — Ward and,Co — 5 16 0

Variation Stock „ . compared . Price. with , last week.' £ s. d. Imperial Consols 66 8 B Unchanged 1 ,.N.8.W.lD33Jan.-July 95 12 6 7/6 higher 01 "S'5* -SOMr.-Sp 07 10 0 Unchanged 3J „N.S-W-Early Curr 83 7 6 2/6 .lower 5 • v ! S^n^T 25A ? 1 V 0ot 81 0 0 5s higher 4 Vie. 1020Jan.-J«ly- G8 15 0 : 2/6 higher 8j „Vic. 1921-6 Jan.-Jnly B1 5- 0 6s lower „Vic.l929-49Jan.-J«ly 76 5 0 5b higher 34 „S.A. 1916Jan.-J*ly 85 10 0 6s higher 8 „S.A. 1M6 Jan.-July 70 0 0 Unchanged 4 ,,Q l'dl915-24 Jan.-July 97 5 0 7/6 higher 35 ..Q'l'dio-jj-fijan.-july 91 17 6 6s higher 3 ,.QTil922.47Jan.-J«ly 74 10 0 6s lowor S, "S-2- PS May-Nov. 96 10 0 20s higher 3J ,.N.Z. ll)12-40Jan.-JuIy S3 15 0 2/6 higher . 3 „N.Z. 1920 April-Oct. 76 2 6 2/6 lowor 3§ „W.A.1915-35 May-Nor 87 15 0 2/6 higher B „W.A,1015-35May-No? 82 0 0 Unchanged 3i ..Tag. 3920Jan.-July 85 5 0 7/6 lowor 3 „Tai, 102Q-4Q Jan.-Juiy 76 10 0 2/6 higher