COMMERCIAL ITEMS

Dominion, Volume 10, Issue 2953, 16 December 1916, Page 12

COMMERCIAL ITEMS

, ■■ INVESTMENT SHARES. Price 3of investment stocks yesterday were;—

Customs duties collected at the port of Wellington yesterday amounted to £2509 Is. 3d.

. • WEOLE&ALE 3PEODTJOE EB.IOES. • Messrs. Laery'and Co., I/td., Allen Street, • report wholesale prices as follow:—Fowls' ■wheat, prime, 6s. lOd: per bushel; fowls' barley, 4s. per-'bushel; Australian Cap© barley, 4s. 6d. per bushel; New Zealand Gap©'barley, 4s. per bushel: maize feed,'sb. 6d. per bushel; chaff, oatsheaf, £6 ss. per •. .ton; hay, clover, £4 10b. per ton; flour, .. in; sacks, £16 10s. per ton; oatmeal, 7's £21, 25's £19; bran, £4 10s. to £4 15s. per ton; pollard, £7 ss. per ton; bacon (all "best factory), sides Is. per lb., rolls Is. per lb., hams Is. per lb., shoulders 9sd. per lb.; cheese (factory), medium, lOd. per lb.; linseed meal, 100's £11 10s., 50's £12, 20'b £12 -10s.; linseed nuts, 12s. fid. per owt.; lin- • eeed ground cake, 12s. 6d* per owt.; "whole linseed, 275. 6d. per cwt.; oat pollard, £6 10s.,per ton; onions, new, 16s. per cwt.; potatoes* white skinned, table, £9 10s, to £13 per ton; pig-meoJ, £6 ; per ton. All poultry in Tery good demand. Hens, 6s. . ; 6d. to 10s. per pair; cockerels, 6s. 6d. to 10s. per pair; ducke, Pekin and Aylesbury , 10s. to lis. per pair, Indian Eunners 6s. to ' 7s. per pair; turkeys, gobblers Is. 2d. per lb., xiena Is. per lb. j butter (prime bulk), Is. 2d. per lb.; eggs. Is. bd. to Is. 6d. per , dozen. SOUTHERN MAUKEra. BY Telegraph.—Press Association. Ciirlstchurch, December 15. The recommendation of the conference of wheat-growers that tho Government should purchase the wheat crop at 6b. 3d. lor prime milling has caused a cessation of business in the market, aa if thlß price is agreed upon growerß axe not likely to ask less for their lost sea-son's wheat. The fact that Australian flour can be landed at about £1 per ton Icsb than that now asked for the local production prevents millers from givign moro for wheat than would, enable them to

D NOTES.

compete with imported flour. Although a number of oat crops arc now in stoolc there have been no offers of new grain. The early-cut crops are, however, on the light side.. Thcro has been some inquiry lor old oats. The continued dry weather and nor'-west winds is having a serious effect upon the grain crops, ana rain is badly wanted to save many from failure, and to secure a fair yield from the better crops. LONDON WOOL SALES. . Messrs.". Hurray, Roberts and Co., Ltd., have reoelved a, cablegram from their London friends, Messrs. Sanderson, Murray,and Co., under date December 14, aB follows:—''Sales-have opened with a large attendance of buyers. The market has advanced 5 per cent, to 10 per oent., except for greasy crossbred, which has advanced fully 10 per cent." LONDON SHEEPSKINS SALE POST- . PONED. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London house, under date December 13:— "Sheepskins sales postponed sine die." ORIENT S.S. CO. ■ Australian-New Zealand Gable Association. (Rec. December 15, 8.55 p.m.) London, December 14. The annual report of the Orient SjS. Company shows a profit balance of £238,215.- Tho dividend is 5 per cent. The repair and renewal account is credited with £25,000, the general reserve £98,614. £96,996 is carried forward. BANK OP ENGLAND RETURN. Australian-New Zealand Cable Association. (Bee. December 15, 8.55 p.m.) London, December 14. The Bank of England return issued for tlie week ended Wednesday, Decembr 13, is as under :— ISSUE DEPARTMENT. ' Note Issue £71,911,000. Gov. debt ... £11,015,000 Other securities 7,434,000 Gold 63,462,000 £71,911,000 ' £71,911,000 BANKING DEPAHTHENT. Proprietors' Gov.spcuricnpltal £14,553,000 ties... ... £42,188,000 Publiode- Other securiposlts ... 57,512,000 ties 104,060,000 Other doposits ...106,526,000 Notes 34,314,000 Root. 7-day and other bills ... 3,156,000 : Coin ■ 1.285.C00 £181,747,000 £181,747,000 - The leading items of the Bank of England return afford the following comparison :— This week Last week Lastyear Bullion ... ... 63.462,000 54,233.000 60,147.000 Deserve ... 35.699.000 86.634.000 84,461,000 Note Circulation 87,507.000 87.858,000 ' 84,567,010 Public Deposits 67,618,000 68.717.000 62,136.003 Other Deposits 106,526,000 108,946,000 94,181.000 Proportion of reserves to liabilities 21.70 31.70 23.55 GOVEKNMENT SECURITIES. "The following are the latest quotations for Consolß and Colonial Government Securities in comparison with those ruling laßt week: —

MONET MLARKET. The Bank of England discount rate was on January 2, 1914, reduced, from 5 to <5j per cent., on January 22 it was reduced, to 4 per; cent., .and on January 23 3 per cent. On Jjly 30 the rate wan'-raised to 4 per cent., and on Jiuly. 31 it was raised to 8 per cont., and on August 1 it was further advanced to 10 per cent. - On Aug-ust

6 tlio rato was rcduced to 6 per cent, on August V it was further reduced to 5 per cent., on July. 13, 1916, it was raised to 6 per cent. OPEN MAEKET KATES. Tlie opon maxkot discount rate for three months' bills is 6j per cent., as compared with 51 per cent, last week and 6 1-6 per cent, last your. Short loanß are quoted' at 5 per cent., as against 5 per cent, last week and 4 5-8 per cent, last year. COLONIAL AND OTHER PRODUCE. ' Butter—Firm. Supplies of all sorts scarce. Australian cleared: Ohoicest, salted, 2065., 2085.i uinsalted, 2105., 2125. New Zealand, 2105., 212s»j unsalted, 2145. Cheese—Very strong. Canadian white, 1285., 1305.! coloured, 1305., 1325. Wheat.—Business restrioted. Flour.—Firm, and active. Australian, 595.. 595. 6d. Peas and Beans—Firm. 3\ T ew Zealand, none offerinir. Oats.—Firm. La Plata, none offering. Bugar.—Unchanged. THE METAfc MARKETS. Copper.—Spot, • £142 16s. per ton; three months, £136 155.; electrolytic, £166. Tin.—Spot, £184.65. 3d. per ton; three months, £186 2s. 6d. Lead.—£3o 10s. per ton; three months, £29 10s. Spelter.—£s6 10s. per ton; three months, £52. Bar Silver.—36Sd. per ounce standard.

Buyers. Sellers. £ s. d. £ s. d. •National Bank 4 19 6 — TJnion Bank / — 64 0 0 •N.Z. and Biver Plato ....; — .2 10 Well. Trust. Loan, Ltd. . 6 12 6 • — tWell. Gas (prcf.) 0 18 3 — N.Z. Insurance — 6 14 9 — . N.Z, Eafrigeratdng Co. .. — 20 10 0 ■•Gear Moat (£4) 18 0 0 - •Qeax Moat (£1). 410 0 — ' Well. Meat Export (£5) , 4 5 0 — Union 8team (ord.) 2 2 0 — Well. 'Woollen (ord.) 6 0 0 — Well. Woollen (prcf.) .... 3 16 0 — Waipa Cbol — 0 IB 9 ' Leyland-O'Brien 12 6 — Waid and Co 6 16 0 — ! N.Z. Drug 2 7 6 - ' Taranaki Oil Wells ..... 0 0 8 - *Oum diy. fBi dlT,

Variation e . . compared stock Trice. Tvitb last week. §* WarZ'an 00115013 I 1 k Unchanged . 84 0 0 lOs higher 4 !! N.S.W.1933 Jan-Jul J jJ y, ° jkWS." 31 „ N.S.W,1930-60 Mr.-Sp q 0 3j„N.8.W.Early Ouir. £ 2 2 3 „ N.S.W. 1925 ApL-Oot In ,, g rSShSrt 4 „ Vio. 1920 Jan.-July SI 6 6 ESS ? 4 "?i c c-si 9 J r" July ii\i s 5 : S15« 1 31 „S.A. 1916 Jan.-July 71112 6 2/s hiaher 3 „ S.A. 1916 J(Ml.-July 58 0 0 Unchanged 4 ..Q'l'd 1915-24 Jan.-Jly 86 10 0 Unchanged 31QTdl922-47 Jan.-Jly 81 0 0 Ss tower 3 „ Q'l'd 192M7 Jan.-Jlj 62 0 0 Unchanged 4 „ N.Z. 1929 May-Nov. ei 7 6 uSchanied 31 „ N.Z. 1912-40 Jan.-Jly 71 IS 0 Unchanged 3 „ N.Z. 1920'A-pril-Oot. 63 '5 0 Unchanged 31 „ 1U. 191545 My-Nv 76 0 0 2/0 lower 3 „ "W.A. 1915-35 My-Nov 70 0 0 Unohanged 31 „ Tas. 1920 Jan-July 70 15 0 15a lower 3 „ Tas 1920-40 Jan.-Julj 65 0 0 Unchanged