COMMERCE & MINING

New Zealand Times, Volume XLII, Issue 9790, 13 October 1917, Page 2

COMMERCE & MINING

WELLINGTON STOCK EXCHANGE. YESTERDAY’S QUOTATIONS.

WAIHI SHARES. By Telegraph—Press Association —Copyrlghi Australian and N.Z Cable Association. (Received October 12, 8.15 p.m.) LONDON. October-11. Among tbe quotations on the Stock Exchange yesterday were the following Waihi, buyers 37s 6d, sellers 38s 9d. FINANCIAL CABLES BANK AND STOCK EXCHANGE REPORTS By Telegraph—Press Association— -Copyright (Received October 12, 8.15 p.m.) LONDON, October 11. The Bank of England return issued for th© week ending Wednesday, October 10th, is as follows: — j ISSUE DEPAETMBNT. I. £ £

CONSOLS AND AUSTRALASIAN STOCKS. Current quotations for Consols and Australasian Government stocks, compared with those of last weeh and. of October 12th,- 1916, are:—

•Interest payable in May and November, flnterest payable in January and July, jlmerest payable in April and October. COMMERCIAL CABLES

By Telegraph—Pres* Association—Copyright Australian and N.Z. Cable Association., (Received October 13, 8.15 p.m.) LONDON. October 11. Butter is in very short supply. Small arrivals of Danish are selling at 41Gs per cwt. No official announcement has been made regarding the purchase of the Australian surplus, and there ia some uncertainty as to whether it has been qom■pleted. , Wheat—No cargoes are offering. Small sales have been made of Australian, ex quay, at 71s 6d. Flour —The market is very firm, - the demand greatly exceeding the offerings. Oats, peas, and beans —The markets are quiet, but steady. Sugar—Prices are unchanged. PRICES OF METALS. Copper—Standard, for cash, .£llO 5s per ton. Tin—Straits, for cash, .£245 17s Gd * por ton; forward delivery, .£243 2s 6d., Lead —Soft foreign, for cash, 2930 10s per ton; forward delivery, £29 10s. Spelter Ordinary brands, for cash/ £54 per ton; forward delivery; l £so.’ ..... Silver—ln bars, 45jd per oz ■ standard. AUSTRALIAN PRODUCE MARKETS. By Telegraph—Picas Asaociation-rCopyrieh* , XEILBOURtNE, October ia. Barley, Chevalier 4s 6d to 4s 7M per bushel Cape 3s 3d to 3s 4d; oats, Algerian milling 2s 8d to 2s 9d per feed 2s 5d to 2s 6d; potatoes, £3 15s to £4 15s per ton; onions, £3l to £23 por ton-, LIVE STOCK SALES AUCTIONEERS’ REPORTS. Dalgety and Co., Ltd. ■At Levin on Tuesday we offered a largo yarding of sheep and a fair one of cattle. Buyers were present in force from outside districts and competition was animated, good prices being obtained for- all stock offering and a total clearance being made under the hammer The bulk of the sheep entry consisted of 1800 hoggets offered on account of the McDonald Estate, These fetched 33s for a line of 950; 400 at 31s Id; 350 at 30s 7d. Other priees_ were:—Fat wethers 425, m.s. hoggets 27s 4d to 27s 9d, cull hoggets 18s to 22s 6d, 3-year Steers £l3 15s, store cows to £7 4s, yearling heifers to £4 ss, springing heifers to £9 7s 6d. \ At Waikanae on Thursday a small entry of sheep and cattle were offered. Quotations:— Light fat ewes and wethers 35s lid, cull hoggets to 235, 2-year Shorthorn bull £2O 10s. WELLINGTON CUSTOMS. The Customs revenue received at Wellington yesterday totalled £923 16s sd.

Buyers. Sellers S d £ a a Mining— Blackwater Mines — 0 12 6 Consol. Goldfields — 0 5 0 Talisman Consol 0 11 0 — Wad hi 1 16 3 1 17 3 Grand Junction 0 17 0 — Investments— National Bank 5 4 0 — Bk. N.Z. IJS6 13s id)... — 17 12 6 N.Z. and E. Plato ... 1 16 0 — Auckland Gas (contb.) 1 0 0 1 0 t> Wn. Gas (j£10) 12 5 0 — National Insurance ... — 2 19 0 Huddart-Parker ford.) — 1 13 0 Union Steam (prei.) ... 1 i 3 — Taupiri Coal 0 15 3 — Westport Coal 1 8 9 — Woatport-Stockton — 0 8 6 Wmpa Colliery 0 18 0 —' Colonial Sugar (Aust.) 22 17 6 — Golden Bay Cement ... — 1 0 0

Notes issued 41,678,000 Govt, debts 11,015,000 Notes in res. 29.998.0u0 Other aeourl- • ties 7,434,OCX) Gold 63,227.000 £71,676,000 £71,676,COu BANKING DEPARTMENT. Proprietors' Govt, sccuri58,272,000 capital 14,653,000 ties Public de- Other eocuri posits 42,186,000 ties 88,943,000 Other de- Notes in res. 29,998,000 posits 119,625,000 Coin in res. 2,262,600 Rest, 7*day, & other bills 3,111,000 ■ £179.475,000 £179,475,000 Th© leading ituxna of the Bank of Eng* land return afford the following comparisons:— This Last Last week. week. year. £ £ £ Bullion 63,227,000 63,398.000 53.814.COO Reserve 32,260,000 32,348,000 37,292,000 Note circTtlon 41,678,000 41,829.000 36.854.00t, Deposits ....... 160.,811,000 171,257,000 164,496.000 proportion o4 reserve to lia* billties 19.93 18.88 22.70 THE MONEY MARKET. This Last Last week. week. year. per cent, per cent. per cent Bank rate 6 5 6 Short loans 4J • 4i 6 Three months’ bills 4J 43 5 9-16

Voar Sfiotfc. ja ween Weelc ago. A«o ‘ d. 2 t . (1. £ *. d 24% Imperial C?U 68 0 0 5j 0 0 M 10 0 5% I. Vi ar i-oan 2 0 10 0 IM 10 (i on 0 u it 0 «6 0 0 80 0 0 c5 0 0 81 15 ll «5 m u x> New Zealand! 73 0 78 2 0 7a Jh 0 3 New Zealand 03 0 0 63 0 0 01 10 u 4% Now 8. Wales 2t b u 02 5 L 63 10 0 34%New S. Wales 00 5 I OH 9 0 05 a 0 34% h 1930-50 7U 5 u 7u 5 0 70 10 0 3% NewS. Wales M 15 0 70 0 0 70 2 6 4% Victoria 12 0 05 u 03 17 8 34% Victoria 85 0 c 83 17 6 •ii% „ 1030-49 17 6 00 lu 0 V0 15 0 3% Victoria IW i; 0 10 0 63 10 0 36% StU. Australia u 0 7t b 0 7 a 0 0 3% rith. Australia 07 0 0 57 10 0 59 0 0 4% Queensland yj In 0 ‘JO IV 6 8U 0 u 36% Queensland 87 lb (J »7 lb t M 10 0 3% Queensland C2 6 IQ 10 I5H J7 6 34% W. Australia 73 b I # a u 0 ;& 0 0 3% W. Australia 03 W t G8 0 0 70 0 0 34% Tasmania 72 ft i t'i b v» (1 0 3% Tasmania 05 V o 62 0 0 66 0 0