COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2504, 3 July 1915, Page 8

COMMERCIAL ITEMS

. INVESTMENT SHARES. i .Inf,'the .investment' market yesterday a sale of -D.I.G. prcferenco shares at 20s. 6d. ;was.recorded. .The Quotations lyero ab under:—" ■■ Buyers. Sellers. . r . .. . £ a. d, £ s. d. Rational Bank ....■, -j. ' 5 10 0 Bi-nlc N.Z.,.(£3 6s. 8dJ,... . 11 4 0 Banlc.N.Z. (£& ,135.. 4d.) ... ; 16,17 6 •Equitable Building' -9' 7 "6 1' — iOTcll. 'i'rust, Loan, Ltd..,,; 7 7 .0 ' — Chrstchurch Gas (£5) :.. .8 ,1 6 — Chrislclinrcli/Meat.......... , — 1510.0 Gear Meat (£1) 4 0 0- " — N.Z.' Shipping ipref.)''l-1... 1 1015 o" • • • UijioDv Steam (ord.). 13 6 .1 4 0 Well.. Woollen (ord.) '415 o : — 'Westport-Stbckton" 0 410 .' ; — Leyland-O'Brieii. 1 1 9' —. Maiming" and Co. : ' 415 0 ■ N.Z. Drue'. ' ; ~ — .-276 Golden' Bay Cement 1. l. S : — IFard and "Oo."; . — 6 15 0 ~.,*|x.-div......... _Gustoms duty collectcd at the port of .Wellington. yesterday amounted .to £1577 IBs., 5d.-\- : :• . • » SOUTHERN MARKETS. . . By Telogra-phPPrcss. Association. , " : Christcliurch, ,luly £ A..census, now being'.taken to.show the quantity of wheat, Hour, and oats ■'n the Dominion, and' at. the same time a com.pansoii,,i3 to be ; made, between- : 'farmera' returns and threshing .returns with the ..yew of checking the' area sown in. grain last .year.)' This-i's evidently for the pur'pose' - of'■ obtaining a more ■ complete return .of*, grain-growers.' .• -■ • Apparently there is.no<demand for wheat at, the time, .and growers are,, not making offers, a« they are apparently not \willing to sell <it less than 7s. at country stations:. •• • Oatensheaf chaff/has Armed, , as large orders -have been filled for the Government, and £7 10s. to £7' 15s. has been paid at country stations. Straw chaff for export to Australia., is also, firmer, oat straw being worth' £3 10s„ and wheat straw £3,- at country stations. ~ 1 The: potato market is dull for the time being,. and sellers ' are asking £5 10s. at country stations, with buyers not yet inclined to operate. . . LONDON WOOL SALES.' . .ByTelegraph—Press Copyright -ili. London, July 1. . At. the ■ wool -Bales there : was animated competition for all-classes, and prices were in 'sellers' favour, especially merinos, both greasy and scoured. :The following were the . prices realised, for the ■ fleece portions of tho'clips named:—Yamburgan, toio price 15} d;, averago price 133 d.; Cordillo 30d. Criesoge, top 194., average 18 3-Bd.; Wharanui. top 19id„ averago 17id.; Oete, top 181 d., average 18d. : ' V ; ■ WHEAT, i - ■; .' London, July 1. Tho wheat market,is flnner and dearer. Indiain wheat is mostly 3d. higher; Walla afloat; 545..6 d. per Quarter. -. ' tallow. • ~. . . - London, July 1. ' : Tallows-fln stock; i 10,049 casks;, '6397;. deliveries, 4723; ■ AUSTHALIAN .PRODUCE. < - • Sydney, July .l. '.Oat?,. Tasmajiian and New . Zealand, ss. fid.,.' American ss. 3d. . to ss. 6d.; barley, nominal; maize, £5 10s.„to £6;, Java, £5 45.; : potatoes; r Tasmanian - and New Zealand £10 tor£ir,-Victorian £10;. onions,. Victorian £9. 'iOs'.-.to ;£lO. New Zealand £8,-pickles £5 166.; cheese,". lOd.; bacon,'. lOd. . / ' Adelaide, July 1. Wheat;' 9s. 3d.;: floiir, £18 55.; bran, £10 lte.; pollard, £12 10s. Melbourne, July 2. Wheat;' nominal, 7s. lid.;. Hour. £17; oat?,' Cartons ss. 6d. to ss. 7d;, Japaneso 4s. 3d. to 4s. 6d., Chilian ss. to ss. Id.; maize,. 55.: id. to ss. 3d;; bran, £10 55.; ral- - lard.' £11.55.; potatoes, £9 10s., to £10 10s.;. .onions,..£9. .-i.BAftK OF ENGLAND RETURN, (By ..telegraph j Aesn.-Copyiight.) s, London, July 1; The Bank of England, returp issued for the' 'Vfeelc' ended - Wednesday,: June 30, is. as under:— ' ' ' ' . V.- f Issue,-Pep/übiiient. _ s .- ; Nolo ISEUO;- J69i5i9,000 .Gov. 1 debt ... £11,015,000 '■■■ other securi- ' tics 7,434,000 ' <■■■■• Gold .... ... 81.050.000 .£69,629,000 ■ • "£69,520,000 ' 1 Bankiko Department. ! Proprietors' ' Gov.securi- .' capital;. £U;553,0C0 ties... ... £51,013,000 Public de- Other securi- . •posits 81,611,000 ties... ... 152,915,000 Othercle* • • . .jposits ... 140.654,000 - Notes- ,» 84,693.000 : Best, 7-day. • • ' : , \ ■ , ' andotheri . • 'bills' ...', 3,142,000 > Coin ... ... 1,012X00 :• \. • : £239,863,000 *' , £239,863,000 •'Th®'leading items-.of/the Bank of England return afford tie following comparison:— .. " {rhis'weck Last wee]; Last year Bullion.w 81.050.000 53,019.000 38.476,C00 : ■ Eescrvo , ... ' 35.905,000 39,478.000 28.749.000 ■ Note Girculationi - 34,636.000 33.130.000 29,784,000 ■Public Deposits 81.654,000 99,578,000 17,072.000 •Other-Deposits 140,654.000 109.563,000 54,551,000 Proporticn of-i-eservoto r ': ' '■ ; liabilities; ; ,i 26.16 18.87 10.13 - ' : ■-GOVERNMENT SECURITIES. " The following are tho latest quotations

for Colonial Government securities in comparison with those ruling-last week:— Variation c .. compared / 6took Trice, with last week. £ s. d. Imperial Consols 65 1 3 ?!d higher 4 ~N.S.\V.lB33Jaii.-July 95 0 0 . 17/6 lower. 31 .>'.5.W.1930-50Mr.-Sp 05.10 0 15s lower 35 hN-S-W- ISarly Ourr 83 5 0 5s lower 3 „N.S.W. 1925 Apl.-Oct 78 0 0 Unchanesd 4 „ Vic. 1920 Jan.-July 05 7 6 7/0 lower Sj „Vic. 1021-6 Jan.-July 91 7 6 Unahaneocl 3 „Vio. 1929-49Jan.-Ju)y 76 0 0 Unchanged 3i „S,A. 1916 Jan.-July 85 5 0 Unohanced 3 „S.A. 1916 Jan.-July 70 0 0 Unchanged 4 ,',Q'l'dl9ls-2'4 Jan,-July Dj 10 0 5s higher 3J „Q'l'dl9'22-47Jan,-Jul)- 0110 0 Unchangod 3 ,;QTd3923.47Jan.-July 74 10 0 Unchauued 4 „N.Z.l929May-Nov. 85 0 0 2/6 lower 3i ..N.Z. 1012-40Jan.-Jiily 83 5 0 ICOa lower 3 „N.Z. 1920 April-Out, 76 0 0 5s lower 35 „W.A.1915-35 May-Nov 67 10 0 Dnchauged B „W.A, 1915-35May-Nov 62 0 0 Unchanged 3i ~l'as. IS2OJan.-July 85 10 0 5s higbor „ r J?as. 1920-40 Jan.-July 76. 2 6 Vnchtingod HONEY IIAEKET. , ■The Bank of. England..aiscount rate was on January. 2. 1914, reduced from 5, to 41 per cent., on January:22 it was reduced to' 4 per cent., and; oil January 28 3 per -cent. On Jialy 30 the rate was raised to 4 per cent', and.on January.23 3. per cent., -and on August 1 it was further advanced to 10 per cent. On August 6 tho rate was reduced to 6 per cent., on August 7 it was furtier reduced to .5 per cent., at which rate it now stands. Tho Bank of Franpe rate is; 5 per, cent., as against 4 per cent, last year. OPEN MARKET BATES The open market discount rate for three months' bills'is 4i- -per cent., !as compared with 4J per ccnt. last week, and 2 per cent, last year; Short loans are quoted at. 1! per cent, aa against 13 pel- ccnti last week—and li per cent, last year., COLONIAL AND OTHER' PRODUCE. Flour is steady '.with .better .business doins. Oats are dull. New Zealand; 375.; BaMii .Blanc-a, 255. 3d.. Peas and beans are firm, and unchanged. There are few sellers. 'Butter.—The market is steady and quiet. Prices for Australian unchanged. Some New Zealand was sold—Salted, 1465.; unsalted, 148s. ■ Cheese—Market easier.. New Zealand realised 925. and 945. Bradford Tops.—The market is exceedingly firm and tendency to harden. Business in futures is slightly quieter, but thero is a keen demand for the few lots available for immediate delivery. The quotations arc:—Sixty-fours, 45d.; super sixties, 44} d.; common sixties. 43d.; fifty-sixes, 36rid.; fitUes, 33Jd.; forty-sixes, 28d.; forties, 26d. THE METAL . MARKETS. . ' Copper.—On the spot, £80 ss. to £80 10a.: three months, £81 10s. to £81 15s. / Supplies, 32,135 tons; deliveries, 28,185 tone; m .took, 27,293 tons;'afloat, 4300 tons;; visible, 38,041 tons. Electrolytic, £94, £95. Tin.—On the. spot, £170 10s. to £171; three months,. £167 10s. to : £168. Lead.—Soft foreign, £25 10s., £26.' \ . . Silver —Bar silver'is . quoted at 22 15>16a. per ounce standard.