COMMERCIAL.

Sun (Christchurch), Volume 1, Issue 8, 14 February 1914, Page 8

COMMERCIAL.

THE MONET MAEKET. BANK OF ENGLAND RETURN. ; By Cable. — Press Association. — Copyright. LONDON, February 12. The Bank of England return issued for the week ended Wednesday, February 11, is as - under: — ISSUE DEPARTMENT. Notes issued £28,110.000 Notes in reserve . . .. 32,416,000 " £60,526,000 ' '»- ' —' Government debt .. .. £11,015,000 Other securities .. . . 74,340,009 •'. Gold . . .. .... . . 42,077,000 £60,526,000 BANKING DEPARTMENT. Proprietors' capital .. .. £14,553,000 Public deposits .. v -. - 12,446,000"^ Other deposits . . . . . . 50,196,000 Rest, seven-day and other bills.. 3,552,000 £80,747,000 Government securities ... .. £11,256,000 Other securities ■'.„.-■ .. 35,996,000 Notes .. .. .. ..32,416,000 Coin .. .. . . .. 1,079,000 £80,747,000 The leading items of the Bank of England return afford the following comparisons:— Increase or Increase or Amount, /decrease on ..decrease on last week. , last year. Bullion " 42,077,000,,*285,000t6,812,000 Note circulation 28,110,000 *329,000 *57,000 Reserve, 33,495,000 t129,000 . t6,922,000 Proportion of reserve to liabilities, 53.46. * Increase. t Decrease. QUOTATIONS OF COLONIAL STOCKS. By Cable. — Pre/is Association. — Copyright. LONDON, February 13. Shares.—Waihi, 51/3 to 53/9; Talisman, 41/3 to 43/9. Consols, £76 10/-. Colonial securities are quoted as under:— Feb. 6. Feb.l3. New South Wales 4 per cent. 103 103 New South Wales 3J per cent. 99 99i New South Wales 3 per cent 88* 88 Victoria 4 per cent . . .. 102 102 Victoria 31 j>er cent . . . . 96 • 96 Victoria 3 per cent. . . . . 81 81 Queensland 4 per 'cent .;. 101 101 Queensland 3J per cent. .. 96 96 Queensland 3 J per cent 81 81 South Australia 3J per cent. . 93 93 South Australia 3 per cent 75 75 New Zealand 4 per cent. . . 102 102 New Zealand 3 h per cent. ..92 92 New Zealand 3 per cent. >. . 83 ,83 West Australia 3 \ per cent. 91 / 91 West. Australia 3 per cent . . 85 85 Tasmania 3£ per cent. . v 92 92 Tasmania 3 per cent. .. . 87 87 BANK RATE. The bank rate is 3 per cent.; short loalfe I£, three months' bills li, Paris 21, Berlin 21. SILVER. Silver is quoted at 26§d per ounce standard. GRAIN AND FLOUR. ' ' .J "Wheat.—The market is active ; and ', firm. Owing to the reduction of the Argentine exportable surplus there is -, an increased speculative enquiry. Cargoes are unchanged and buyers are reserved. Australian -spot is scarce, nominally 38/6 to 39/-. New Zealand j_ is' exhausted. '" Flour.—The market* v is dull, shippers' prices being too high. 25/3 c.i.f. is $ obtainable for February shipment. ' , f: $&&M?l March-April shipments 14/7£. Beans. —There is no demand for New Zealand as English are bettetJralue. Peas. —The market is firmer. 44/6 is obtainable for, March-April shipment. METALS. Copper.—Spot £65 7/6, three months £64 17/6. I Tin.—Spot £lB3 5/-, three months £lB4 10/-. ■ Lead.—£l9 10/-. Spelter.—£2l 7/6. Pig Iron.—sl/44. WOOL. The Bradford wool market is buoyant with a brisk enquiry. Sixty-fours 28M, super 28d, common - sixties 27d, fifty- • , sixes 22j| d, fifties 20d, forty-sixes 16 id, forties 15^-d. DAIRY TRODTJCE. Butte*. —The ■ market is a shade easier. Danish 122/- to 124/-, Austra-, Han choicest'salted 110/- to 112/-, uri- ' salted 114/- to 116/-, 'New Zealand salted 114/- to 115/-, exceptionally--. 116/-, unsalted ll£/-i exceptionally. 120/-. Cheese.—The market is firm. New Zealand white 64/-, coloured 6G/-.

CHRISTCHURCH STOCK EXCHANGE. FEBRUARY 14, 1914. .-;.,; SALES REPORTED. ■■. Ohristchurch Gas .. • .. .-.- . . IS3/6, Kaiapoi Wollens .. ...'...> .. 105/ Waihi ... . . .." ;'.,". ;;' 51/3 LATEST* QUOTATIONS. Buyers. : Sellers. BANKS— National of N.Z. .. 107/3 108/BREWERIES— Manning . . . . COAL — Westport-Stockton .. 4/ GAS— '■"". Christohurch ... ■ .. 132/6 135/INSURANCE— New Zealand .. . 116/ MEATS— . I ' Christchurch Meat Co. "315/ —' SHIPPING— New Zealand (pref.) . . 207/6 Union Steam Ship ... Union ©team Ship (pref) . . . . 20/WOOLLENS. Kaiapoi .. . . 105/- 107/6 Mosgiel . . . . 72/ MISCELLANEOUS— Bowron Bros. (E. & T.) Co 4/9 5/6 N.Z. Farmers' Co-op. 44/6 45/6 Taranaki (N.Z. Oil ->- Wells .... 3/Whitcombe and Tombs Rights . . . . 30/MINING — Progress . . . . Waihi . . . . 51/-