COMMERCIAL.

Dominion, Volume 2, Issue 574, 31 July 1909, Page 8

COMMERCIAL.

' THE SHARE MARKET. 1 • A'fair business wai dona m investment shares : yesterday. .Business was dono m Wellington Investment at 125.,-Mew Zealand Shipping at XG 18s and jCG 18s 6d, Taupiri Coal 204. 6d, Wcstport Coal, £6 Us. 6d.,' Westport-Stookton Coal; Bs-, Bs.,"and New Zealand Drugs .at <£2. 6s 9d and £1 7s The quotations show no ■.■ important- changes. 1 - .Bank of ;Now Zealand,,- ..-. buyers .£9-2s; 6u./ sellers 3s. Cd.; National « '( Bank,sollers ■£5 Bs.";' National Mortgage, seizors -C 3, Wellington sellers 12s • M ; Gas, buyers ill os.. Gd., H ellmg--son Gob, new..issue, .buyers .£2. ss. .premium. National Insurance, buyers .£1 Bs,i Bd., New Zealand Insurance, bujers JC3l7s Cd .Standard In inrance, bujers £1 3s , Christchurch Moat, buyers £0 55.; Afeat Export, third issue, solleis .fi) 1' , Neir Zealand Shipping, bujers £G " ' 17sV : Cd.; ''i4llers rj>7;.-Mbpgiel. Woollen,: buyers £2 lis , Wellington Woollen, sellers JM Is , '■ Wofetpo'rti Goal, buyers - JIG 12s. 9(1. ; Uestport- : Stookton Coal; buyers 7s. 3d.,- sollers. 85.., Loj-,. land-O'Brien Timber, sellers .£1 2= 3d, Slim'JandVordiiiAiV iSt-llors■:JJl Is. 9d., raranalu Petroleum, buyers t 7s. 6d.'' ••'■. v THE MINING MARKET Brokers ■ .experienced-.another, busy .day ■ jqs-.,''VftWarr>"aM;.:'h\',fair;::.\v'filuiiib':-'of:l business was 'handled.' The sales -recorded ..were :as ; un--v -A ■ ...fCurantii ■■ Caledonian, 2s. 4d.. (first .call), 23. 4d. (second call)., ' - ' . ... - , .. / Qiiceni' 6s. .-M. (second call).. Pride of Waihi,'ls. 2id. (first call), ;ls.,Zd.. (second call) , . . ... . : ' :.Ebyal'Oaks(cont.),v;4s.;ilod.,'. 53.,;(arst caliy.to,, ■',6d.,i45.'6d.; (sccond .call).'" •,• .v r, v 1 Saxon,' 2s:.sdv forward-, delivery.. •;t>;-Tairua Broken :Hilla,l 2s.;'Bd.' (first fcall),. 2s.- Bd. • (second call): r- " • Talisman,v 58s.- (58s. 63.. one - month), (second : . , call)/)689."6d. f (595: 6d. : , 58s'./ 6d., forward delivery).;J i:-'■ (third-callK I ■' ■ .Taneiaro,:f3d.'.i3d..v(sccor,d, ca11)... • : ;WaiLl . Consolidated(sb. UiL. -forward), (nrat . call), ss. : 7d. (second .call), ..(tlurd' call);.; Woltangi,. 3s; «d. (first - call). • • . .', Wiitchman, ; :2s. 'fid.'.* -23. •Cd. (first en,.-), 23. 9ft.: '-(secDridvcQli) > <''Zs.''' l 6id.. "25."" Bd,j 2s. 'd-, :25.; 7d._ (third call) ■ with; tlip ■last-recorded -'aaifi's; weu a uuder — vj^ r ;;/;BuyQr8/v ; -SclIcr8v Saieo. iia d JtsU £«d / • BcndigO;;'- 0 i 0 •2'.? ?. V Diibn Consolidated .0 1" - ' V 5 ??a ; :: ; : -:l ~V. 'Eedfs .' 'L....-..:...; O'.O /•' . ,'J ;■#: ■ -Kih'onui;.l) 1.6 0 1 "i ■/:• .■■■: ; Kurahui, : Caledohian^o.' ,2 ,ji i.J f ,0 2. V •■:■■■■ May- Queen '■ft; *'• 0 6 ., 1 >; ;^May,(ftden.;Extcndcd' ; ... ; ;o 0 5.. -• V -Maoriland :' i. 0 -010 :p ; 0 1f.:.:.--'-"— ; -J !.:> Mountain Kir.g (paid) .... ; orl. 11 2. 1 -. Mountain Kins>(cont,|..'. - , 0. : 1 ■11 ' . ' S.Z. ..Crown;' ; o.] 2 ~ - , - iNeWv; Sylvia l -03 '" -?>■ 2 - New.'Alpine- (cpnt.) : ■ New 'Bis .Kiver :211 ;0 , 12 9 ... —. Old Haaiaki 0 1 8 — - Plide of Ynihi D 1 11 - 0 12 '■ Helinncc(?*■■■ /.<•<•«.'•«<•♦•' 0 '0. 7 *t: y;:'KoySpiik:(cbht.);.,^..:o .4.s : -Saxonv v 2 - 4i. : o>2 -5i :' .'Tairua 'Broljen-Hillso ; Z-*6.»• 0. 2. -7® '2 ; 8 r.^TaUßxrian-:.»j,2 18. 9. .. % 18,,6 V .TaMffiafo ' 0 ,0 :2' J o' 0 3 .' 0•0 -3 " • .Waihi.*' l 6 -0 r 7 " '" ' IWaihi .Consolidatod, ,0. ,6:7 'V ; 0-5;;8:V 05 .7 - 1 Waihi" Extended-- o'-711 •. 0 8; 0. • . Waihi ; Grand Jun'otion. : .;;'2 14 . 6 '.2 15 6;•'.*. 0. 3 8 0 3.9 ; ; ■WAtChman,; -.'.....;..' -J.-• 1 0.2 8 0 2.7. Con floldfields 1,3 0 - - Progress- 14 0

- KOIfITV RUErs" GOLb " The, report of the IComata Reefs Gold Mining : Company, Ltd., for: tho year* ended December 2G,- 1808, in Nciv Zealand,, and. January 16, ' ,1909, -'in" London,--'states,-that during', the year : 28,170* 'tons. ;of{' ore tof J. 20001b.; .were treated, produoing'bullion -which realised iiW,sll. Interest and sundry receipts amounted to JCllto, making .tho 'total ;receipts for the year i 45,66&. XJeducting' therefrom- the- total.-txpindi- . vturo;'in' : Netf..'Zealand'and .:L.oiidpn; ,which.-in-' cludos- «£i-171 for mine development; and vCB7J for battery alterations and: buildings, there le':;;miiins i£27lG.^ Adding ' to V this" the- : 'sum: of ; pE8153 '.bropght; forward makes',:i'.tofal;'of.;i£lO,Bßo; froin .this-'a'dividend <. of-2d, 'per ';shnre, : ;.ff?elof-.iii'cpine tax; .was; pAid on - July- 10, 1908;' uniounting .to jCfiSGC; and ;^i2sl;:has ; bMn'.'reßeWe(l for 1 income tax, leaving a'balance to, the.crcdit of revenuo account of -4J3952 to"be-carrigd- forward. The reserve :accoiiiit still remains 'at ilaOJi. Every :item of. ,v expenditure .durinfcithe vear, both m IveW 1 land and-London; imibeen. charged to l'6«hue ;account. -^Thefe2B,l7o. tons^treatedtaif. ; ; Bgainst2B,'43o'toh&for'!.tho. previous ';yearV'''/The : directors regret to' have, to again '.report : 'a decline " in';the grade, of,the ore treated, the 'yield of the . .'ore -per 'ton - for .last year lis.'. 6d., ; - as ;:; l ;.'ftg'a'inst.:Sl : 'i3g;'3d;. 'fof''thp. previous year. . The; ■ ,;ivdrking;cost -for .the. year, .including, development, ' amounted to ..£1 -;Bs.''9d. per ton, as against' : -£1 • 9s, 2d. in tho- previous;.year, 'the"-increase being'due chiefly . to;',the >niihing-. cost; being,, :?o.liig[her;:on*'.*.ac^untl',pf;:nhrrbv^:;Mopirig*..)Tidthfl f .;,.'.iiid: cost'of sorting ore,. In ..new-of the vtry low grade of,;.'.the.;brs .treated:,-;the' last few - iiipnthj, ;'.a.nd.;' that' in,; spmej.months ■ expenses :.-. wel'o .notpnet, ; ':the,direptors,'have'decitle(lto red uce the . output so. that the ore treated in ay ,'M ; 'tJievbetter-graHo. '.-ißy, ' this 'ineans tlio, 'directoi's anticipate that .the' are/.treatediwill yield tp pay. for Iho;development: for- i\' : timei; ''The manager,' in pi®V- recent,.letters, i does not .'speak encourage : ngly of the future,' but iiivhis; last-cable 'lie. - states ;that, payable Ore has. lieen; met with 'in' '-W'iNu: '4/ level,'.oiv:,;Nb;-:2"\reef; tho last-25ft. .;;;driven, showing ,the ;reef to., have "an, average ■i--, a',--" vi<?.pfi 3ft"..'.-:" Tlici directors -bflpeful/. that this and . tho ; ; .'Othe.r,'d.eyelppmehts to be liiidortaken .will open v :up';further ; : ron 9; of?qre.' ; - The "reduction plant :•.: # B^n_i.di.dsgood 'year; .'the 'ex-, traction. of|.the -pold /contenfs' of; tho ore"-was 93,2«per,cent. silver','cont°nt9 per ■,'!cenV; :and;.pf ! ;t.lie :total; yalhe ;pf :92.3, per ceiit" 'The'varue' of, the.-final 'tailings'was 2s. 7d. per' ton _ i • r

A.TJSTRALI IN KODAK, LTD 1 ■;®^-fi^i l : Ltd;,- covers: :■>,ten r " months' ;to irarch ■31'; ; and. Bho.wjia'balance'.'at.ci-edit' o£..profit arid-loss of' •.^i^^:'®ft^i.^roHdli»g;'for''-de»r<^atioi» , ';and' '.all.'-uhft)rliowionV'exptoses/ ; '-''Tbe'Anet''-niann--,faoturing' profit ; :was v ,v£10,965, . income' from in,yestroen returns: from the.datter source'will, not'form so'large a part pf,-Revenue,"-ih-'futiirei',' owingrto realisations.for .'capital expenditure;Tho, Articles of .Association; require • that' fon'r-fifths of 'the profits iof tho- company; .'shall <sach : year be distributed, .without/ delay, -in , the -form: of .dividends,. un-' .le3S,:,the Mders .pf,Uw:orthifds. : of''tho issued shares - agree (Jthat /.hey he :'othorwiso ■ applied. A.nrst'dividend • 01 Is.; per,, share ;was paid * oil , .'Jlirie; 21; ami is proposed to pay another 6dv per. share later. -These..dividends will absorb ,aboiit' jE11,250.' .' As'it-is considered highly de-, : :sirabk:that;.'tho'; coiiipaiiy -shall rotni'i, as far «S;.p()sjible,.it3 holding-of Baatniau Kodak Co.'s ;Bhares,'. ; and : S3- the. outlay upon' the' new factories- and plant,-..tho Svdney premises, the ; opening. ;ofva".branch,; at,* welling ton/--New >Zea;laiid,'anA'>the necessary increaso,of stocks have greatly exceeded, :the L;ampiiht ~anticipalecl, the: directors ji'ill.,in .the'-prcserit ,instance, and not' ns 'a ; :pfecedeht,'"ask the'consent: of. tho'shareholdersi: to .;thp>'appli.eation of., ith'e- remaining balailco., of profit, and; loss.;account to. thq pur-:. .poses.';of'<tKe.vbiisihe«f,-'''instead- of '. realising in-, ' v&tments.',to "provide "the ivh'olc'of the .'fund's nece'ssary! ..The nex.t;'sta.lchieht' of accounts ivill be'i oh 'Sopteihber cld, 'which date in -fut'uro inark 'the termination of the- 'company's . year. Liabilities'consist, of capital i£150,000, 111 shares of.;.il' each; 'hiortgago -; and:. sundry .creditors,';'i£lo,734-v. Assets; comprise .land and buildings- X+4,294, !plant' .£21,884, 'shares -' in other companies -at cost :^S9o,los,'stocks u Biindry debtors > ;£73G5,- ;cash - and sundries '-<£1089. No value has been placed upon goodwill, trade inar.ks, "etc.,,'6r.;:on. 'any , other -'-than actual tangible assets.' . \ , ■ •' "

.:Custonis;rey(huo-collected n't- Wellington yesterday, amounted toi62102;"10j. .lid;., ~ '' ' "' • WELLINGTON- MARKET REPORT. The New Zealand Farmer#' Co-oporativo Distributing 'Company,^Ltd.,-'report, as 'follows:— Maißo. 4s. 9d.; whoat,. whole fowl, 4s. Sd. r bar-ley,.-Cap» seed; 2s. ■ 9d. ;• barley, feed, 2s. 6d. to 2j. »d. per bushel;. barley meal, best quality, £5 15e. to £i per ton; 0nt\.23.,3d. to 2s. .4d.; eats,; seed, Sparrowbills.y Gar tons,. Duns, Algerians, . 2s. Gd. to 2s: M;?" oats, orushed, 2s. 7d. per, busliel;. horso.'beani, 4s.- fld. per bushel; partridgo peas,' 4s. '9d.; Prussian blue peas, Ss. 3d. per bushel; hay, prims, i! 3 10s. to ■£■! ss. por .ton;', straw, wheatan, £2 'Ss., - oaten £2 2sl 6d. por ton; bran, £i 15s. to £5; pollard, £5 155.. to -EG; sucrosins,-200V-.27,-lOO's, £7 ss: per ton; i-linseed oil cake, "geihuins, i! 18 per ton; primo oaten- sh-aaf • chaff, £3 Ss. to 10s.; discoloured, £2 -lOs. to : £1 15s. por ton;' potatoes, £i 10s., to. JES; solected Canterbury TJp : to-Dat'e: seeds,JEG. 'Britisli Queen seeds, £7 - 10s.; ■ oniony, \.£s • to; £5.- 10s.» per . ton; butter, separator 9}d. to; 10.d,,. dairy ?d.. to 9Jd. per lb.'; .'-eggs;-'fresh/-Is./sd, '\tp: Is. fld. per doz., : fair ' demtind; ; honey, CO.'s 4Jd., 14's ,4Jd.; beesIs.' 6d.; fungus,. 45(1.; walnuts, 4Jd. per lb,;.cheese; best factory, mediums, s(tl.;.bacon, factory#" sides-8d.,,r0115,9d„ hams BJd.-.per lb.; porkers,"7o's,.to ;90's, 'jd.' to njd., Pli's to lOO's, fid.; baconers, 4Jd! to 4jd.; heavy pigs, 3d. to 81d. per lb.; " very- good - demand; cabbage, 25.,■ 6(1.; parsnips; 25.;-carrots, table'2s., -horse carrots 30s. - per ton; marrows, ■ Is. .-Gd.; - cauli-flower,-7s; 6(l.'}'pumpkins, 3s. uer sack; swedes, '255.- t0.305. per, ton; -apples, dessert Gs. to 95., Apples, cookers; '(is. Cd. 'to ~7s. 6d.'; pears, des-

sort, 18s.. Gd.; pears, cookers, ■ 15s.- per case. Poultry: Table roosters, 4s.■ 6d.;'cockerels, 4s. 6d. to ss. 6d.; tablo hens, 45.; dnoks, Gs. to 75.; geese, Gs. Gd. to'7s., all at per pair; turkey, gobblers, 10(1.; liens, 9Jd. poi lb. • LONDON MARKETS. l.\ Messrs., Dalgety and Co., Ltd., ...report ; havihg 'received.the lollpwihg'cable messages from their London house, lundor dato .pt. Julj Frozen meat: The outlook is, \ciy, unlMourable.r. Price's -for beet-aro. Jd:-. per -lb. lower. Tlio market. for.' frozen lamb, and .mutton, is v/eak, but - prices aro not quotabb oluinged. Any cha'ngo, in prices : is .in .favour, of. buyers. Sheepskins: 'Since our last' wjre, prices for coarae'-'croiisbl'ed'' corilbing slieepsltius are idlower,' and' • for - ihort-woolled. '.'and'.shorn peits aro at par to sd- : .lower. .. prices lor other descriptions' aro unchanged. 1 allow: Since our last wire, low', and ",i*ferior 'descriptions are unchanged,'' but Mother ,d«ci;ip.tioiis aro at par to'Sd. fowor.' •About half the quantity ottered was Sold. ; bo no public sales .01 tallow next;'week.: ' ■''.'.v. ■ , ■' V Messrs. Murray Roberts and Co. liaio ie ceived. the following market cable from thoir London agents (Messrs. Sanderson, Murray, anil Co.), datlid July 29:-" Shccpskins-Tho market is' dull, and "coarso crossbred skins havo-de-clined three-eighths' of. a- penny per-pound. Short-woolled aud shorn skins have declined ono farthing per pound. Other descriptions show 30 niatcrial. change. .. . ' WOOL, HIDE, AND TALLOW SALES. Messrs.' Dalgoty and Co., Ltd., report having held .their, fortnightly' salo of wool,; hides' yesterday, when they offered a good catalogue of all classes to a large attendance of ■buyers.' The following will, give,an indication of prices realised i-Wool-Prices were on a par with.', last' sale. : Woisbred, mcdiunii- -d. ;.': inferior, m. ;:to-s|d.; ■ lambs, . seedy. 6|d.pieces, ■2Jd. to 4d.;,locks,' L'ld.";,dead, BJd.j crutchings, •3k to 5d.";-Bhe4ißkiJlSTQood.'BoTts. showed an advance' :of id.;, other;;,eorts at par with last sale- 'rat'e'sT.ili'alfbred, ..uiedium, Old. to 6Jd.^ flld.; crossbred,, short,-' 4jd.; crossbred, black, ild.;■ pelts, Sid.; crcssbrcil,hoggets, 7d.; lambs, lid.-to'-Mdi/crossbred,' danip,.'3s. 6d. to 05..8d..j crossbred; -salted, 3s/-% to ss. Hides-Oood 'sorts' showed an advance .other sorts, at par with', last' -sale.-' Ox-No _ prune, ofiering, heavy, GJd. to GJd.; medium,'.sjd; to, bid.;_light, Sid." tb'6d.; cut, sJd. ; ;'cow;, medium, 53d. to sid.;;- slippy,', id,;,, stags,■.■ild;;'_calf; no prime offering;, best, 7d. to ,Bd.; inferior, :3d, ' to o a d,, yearling,' «d. ..to ,51d. Tallow-In barrels, J.%,, in -tins' and .drums, 20s. >!•' • i Messrs. Abraham and Williams, Ltd.,,lepoit oil their, salt held yesterday .as follows:-\\o offered a good catalogue,.to',a,representative attendance .' of.- ; bnyefei•".Bidding • -was.--brisk nor evsrything . offering. .. W.q01.-.olfcrwl .comprised, mostly ';inedium.;,crutchingsi,and rough n«eco wool. " Crutchiug3 easier to the extent, ol per lb.. 1 Skins -were 'ratlier'. better of' sale; and showed" a,>m,air appreciation; on last quo-tation's,-'especially in. : damp skius. ..Aiues also showed' 1 a: liindenin ? \'in:valnes. .We Wool—Super crutchings, sd,v' medium, .did..to 4id.'r "se«iiv, ajd.l to" -id: roi.ijrh: croasbred SJd. to -Bld.'r '<lead, ! : sid.';; looks/ 2{d. ~fid-|'-coarse» GiM.; half-wools,"s»d. to Cd.; sd.;' damaged^"shorts- 4Jd. ;, crossbreds', damp, sj'.-Cd.v!to fis...to'Gs. 3dr;-malted, ss. jd. Hides—No ilicavfos* offering.4.;Mediuin , ox,- Gd. to Gill.; light, ,s'd:*,to 5Jd.; isJdrto SS-d. r pail's,'..light, 51d.-; cut:, cdws, 5d.; dium calf,,7d. ; to 7|d:,; stags a.nd:bulls, -lid. lallow— I Tin tallow,>22s.' : per cwt: 1 ; •; • , •. • Messrs. Murray, Roberta;ai\tl,Qo:'f^ port: We offered a catalbgne;6f-70 bale_s wool, 3000 shcSpskiiis, and- '600 hides. ' ;Thero;,was . the usual atteiidance-of"buyers, who, however, 1 acting; on the :cabled: advice received «s.terday,.morning, bid-somewhat, cautiously and at;rcduced. pri«s. Wool—Prices showed a .decline of,'id. per lb., as compared; ■ with - kst •; sale. , AShcepslvins . :Prices eased round, coarse wools; to til's extent of Jd. to id; per : ,lb.-Hides-Were ,bid '-tor. in a k«en."'. m'tfn»?r,V'#nd,' prices for ordinary conditioned- sorts : Sl\o'>v a -.slight advance' on-last/sales rates. ,:-W«;quote as follows rough,bjish-stamed, old.;to" Bid..per •- lb, crutching?;'g9pd, .'did.; to. did., per 11j. ;. crutchings,' inferior to mediuni, sj(lto did! -''per.' lb'.. ; :; wools, 41d. to Gjd. per lb.; halfbred, short ,to half-wools,. ; 7d.'t'o fid. per lb.; crossbred, niedium to fine. : 7d. to 7Jd.; per lb'.;, crossbred, coarse, Gd: to 7d.' per .'lb.; .crossbred,, inferior pelted, did. to 6d. per lb.' l ; crossbred, dead-and damaged,3d. to sd; per - lb.} crossbred, -badly-- damaged,4d; to 3}d. per lb.; superior, 6 5 d.. to iiliner lb.; lambs/medium to coarse. Gd., to G,d. ,;por;:lb.;' lambs', -sbort^dld.: to 5Jd,: per, lb.; ;'fambs, damag.cd,n3(l. itpaddij'-per „lb.!' butchers green and ;?alted, fe.,od. ;t0.,65.. 4d. : each. iHidesr, Sjd/.to GJd. :pe'r.lb'.';"px, light, s}d. to 4d. per, lb'. ;'cow, medium,' s}d. to, s|d. per lb., cow, light/ sd. to sld: per ; lb.; cow; damaged and slippy, 3id.'«o- sd; per lb.; calf.vgood. gd. to .B|d<-per "lb»i calf,.fair,-7d.,t0 73d..per lb.; calf, damaged;'..'2a. to sd. per lb,'. Tallowr-Casks, 225. to 235. Gd. per cwt.; tins, 205.: to 22s.*yd. New '.Zealand ■ Loan : :aml , "'Mercantile' Agency Col.VLtd., report as follows :-At our sale yeste'rllav there wa's : a good attendance -01, ! bhvers, au'd" a'otivo » competition ••- at prices in accord :withLondonparity.v. Crutchings are "lower "bv,:}d. '■ to Jd. per.- lb. ,"We; havo cable iidvico from. London-reporting #/. .decline at. yesterday's skin auctions there ;of id. to 4U. per lb-, in ; clothing ,and,.,cpai'se; and medium obmbing'skins. <ind have.to report,hn:equal drop here.' : Finc-^ rt skiDfl at' last sale's rates.: ; Fidpfl'' were competed (or. "We.qiiote:— i'^diiirn.^fid. to 6jd.; crossbred, inferior, ddi 'to s}d.; crutcnirigsj superior.Tid. to sld.;,crutchings. good; ,4d. td'djd;; criitchinirs, inferior and'seedy, lid. ; to Std?; 'Inflks and ■ nieces, 2Jd'. t» f did. Sheepskins— iFitie;' fi^l(.lto''7d.; ; 'coai l .> ; e.;'s"di' .'to'VßJd.;. lamljjkirf. '5Sd. to '7d;; d*ad'' and : faulty slcitfs,' 4tt. :fP'dd. : ;'ipM "pelts' dd. to sd»;:daiiiaced relts-,. id. "to 3d.;' salted arid damp : skins,'. 2j.'-6d>to Gs.; and no,to'-7s. for extra'-' h«avy.V ;Hldc.<—Ox, ; mi-diuin. ,5/d. ,to'("d.cow and, lipht mt.;43d:- to' sjd :'yearlings, sd.' .to 5.1 d.- fonlty hides. 3"d.* to d'i'd.'.- ' calfc sound,'. 7d.; to., B}cl,;.' calf, damaged- 33d.Vto .Gd.,. Tallow.-, in' tins, ',!?2s. to 235, per cv;t. ;.to' ls.'-ld.. per. lb. i 'i , BANK OF-TCNGLANT)DETURN. v'(Bt- Telegriin'hi-Press -Associatlon.-CopyriEht.) . ~V (Ee'e. 'July 30; 8.10 p.m.) ■ " , London;- July 29. ',The Bank : of England return issued for the, week ending' Wednesday, July 28, is.' as'under,:— : . .. ','ltexnt ;PnpAiiT}iE>r Kote'lssus i66,MS.'CCO Rot.seei rn,ols.Con .' .' , ■ - Other Eec'uri- ■' ' ■ i. l , ' ties '■ 7.434.000 Gold V ... 37,726.000 : "' ' ' ' ' -'. ' ' ' • '. . i56.1V5,000 : £5G,17J.CC0 ' BAKKKO DET"AETjrF,KT. rronriotors , Gov- Boeurl-, . capital £14,553,000- ties- . ... £15.365,00(1 rnbliodiv' 1 . •' Othorseonxi-.j r posits ... 8,525,000 . ties ... .'29,019,000 ~ V'.°^9ita, 8 '; I:< :: 45.711,000 ;Kotes 26,327,000 ; "■ "Snd offito' ' Coin'-' . ; ..." 1,530,001 ■ , : LUIS ... 3.450.C00 , £73,212,000 '■ £72,2j'2,0C0 '■ The leading items of the. Bank cf Engluni, return afford the folbwing'comparison:—, '..'■.i. V' This week. Last week. Last year 1 , -r' ' £ "' ; | ' . Bullion '. ' .... 37,7i(i.000 - 39.257.C0i'), 35,563.000 'Bewm'v-'''" -. H1.320,c00 -26,037,000 Kcte circulation: 29,815.C0J 2&,53J.00U .'. Publics-Deposits JiMiMO). - 8.333.W0' SMSJKO ,' Other Deposits' 45,711,000 . 47,£52,000 46,074,000 l'rorortioa ot • . v - reserve'-, to ,', . ...» ' i ■ liabilities ... ' .51.30 .'&1.06 50.12 isOVBENMENT SECUELTIES. , The following: are the'latest quotations for Government'.securities, with 'a comparison of those ruling last week , , , ' . ■ Variations , ' ..Price; TlTh° d " " " " '■ " 1 ' last week. ■ ,i . '.... ■■ .. ' • £ s. d„-. 25%Tmperial C0n5015...... 8310v0..', Ss.Os. lower 4, N.5.W.1033Jan.-Jiliy . ... 106fo 0/ v ts.hifiher Si"N.S.W. 1111S Mar-Sept : ... 09 10 0' Unchanged' S "N.SAV. 1936 Apl.-Oct.' ... , eS".O '0 .-. {B.bifc'lior ,4' Vie.M2oJan.July™ - 10-3-15-,0 - Iss.hl6her, 34 /. Vic.'lo2l-6 Jau.-July : ... ,'OT;ip 'O 2s. 6d. lower » Vie. 1629419 Jan.-Juiy ;... .66 10 0 ' Unchanged ti " B.Ail9its Jari.-Jiily , 0810 .0 Uncbanued S ■'"BvA.IOIBJam-July- ■ Bi 10-O Unchanged 4- " QTdl9ls-21Jan.-July ... 10310 0 Uncbannod Sj " Q'l'dl!Bl-30Jan.:July ... .07,0 0 Unohanged 3 "Q'J'dlffi2-47Jan.-July J .... S5 10.0-, Unohanged 4 „'lH.Z..'Hi!'jMayrNoT. ... 105 7..6 Unehansod Si 'N.Z.ltflO Jan.-July. 93 10 0 lOs.hlgbor 3 ■ "n.Z. 1945 Aprll-Oct.. : ... B7 10 0 Unohangod gi "'W.A.1920-40.VIay-Nov ... 93.10 ,o'i Unchanged 3 "W.A.IiJIS-35iIay-Nov ... ,8s OA. ..Unchanged 3i "Tas. lOlOJan-July ... ; OH, 10-.,0. : -; Unchanged 3 . l'as. 19*20^40Jan.-July, ... b7: 0 ;0„ Uuehangod

THE MONEY MARKET, , ; The Bank of England disco"nt:rat» is 24 per cent., to which is was reduced on April 1. ; Short loans',are' quoted .in.Xondon. at 3 'per Vlhree Wohth's' bills, in Londonvlj'per cent.; in Pqris li' Per cent.; in Berlin'2i'por cent.

' COLONIAL AND OTIIBR. 'PRODUCE. . : Wheat—The market is dull and. inactive, and is adversely affected by the cessation of drought in Argentina, ;fine weather for■ harvesting Mn. south-east' Europe, of it good, crbp;-great pressure to sell new- Russian 'Ddnubian, 'and the fluctuations with a' downward'' .tendency , in America. Cargoes are quiet.- . March-April shipment'offering at-435. 6d. new. crop, Decernber/Januaxytlebruary, shipment, lis. 3d.;: Naw

Zealand wheat, per steamer, afloat,'. 435. Gd. i Australian steamer parcels afloat, -i'ls. llicre is a fair demand for Australian on at 465. to dGs. Gd. Now Zealand short berned, 4is. Gd. to 455. Gd.; long berried; 15s. to ICs. per quarter. . Oats.—New Zealand, limited inquiry and prices unchanged; La riata, July shipment, 17s. 3d. ..: . Flour -is meeting with better intjuirr; London, 325; Gd. to rn; GlnsROH-, doinand quiet; 345. 7d. is boing asked for Soptember shipment. Butter.—Tho market is steady and unchanged. • There is no colonial' offering. Cheese.—New Zealand, '60s. to Gls. per «wt. Some of tho,checse per s.s. Tainui is slightly heated. ... • Sugar.—German beet, 88deg„ 10s. Bd.; first mark' granulated, f.o.b. Hamburg, 12s. Bd. per cwt. Bradford Tops.—l'rices are unchanged. Loir crossbreds aro neglected and ivcak. THE METAL MARKETS. Copper.—Spot, 18s. Od. lower, at -CSS Gs. 3d.; threo months, 17s. Cd. lower at *£59 3s. !)d. por ton. ■ ■ Tin.—Spot, 10s. higher at X 132 17s. Gd.; threo months, 2s. Gd. higher at XIS4 ss. por ton. Lead,-Is. 3d. lower at JCI'J Ids. per ton. ■I'lg-iron, -Id. higher, at 495., Id. por ton. Spelter, unchanged nt £22 per ton. , CANTEKBURW GRAIN MARKET. / THE WHEAT EXPORT. , (Dy Tclcffraph.—Prosa Aaaoclatlon.) . 1 Christchurch, July 30. The local wheat mnrkot is still vory firm, ono of- tho. causes of speculation boinp > Knid) tho danger of ovei'sliippinp. the estimated surplus. Tho total shipments, for this month aro not yot'knowii, but tho'amount is not'expectcd to'be much over n ciunrter of ft nuUion bushels,, so that, 1 - if tho. estimated* surplus of 2,000,000 bushels-is approximately correct,-tliero. will still be ono million' tmM three-quarter bushels of it in hand, though, it is stated, there are somo shipments to be-inndc next month. Present local values have,-of course, put an end to further purchases for export, and, while prices have been hardening liei;e, further private information has been received that the London market is wunkci'. For wheat in second hands, 4s. 7d. f.0.1). is now being asked. 'Tlio', only, local sale reported between grower, and merchant is a lino of 11100 bushels bf tuscan and "hunters at 4s. at a 2d. station, Onts arc offering in small_ lots only, and tho market is very firm in view of tho requirements to fill shipping spacc engaged. Potatoes aro dull of sale,, and .buyers are. only oliering ■£2. las., while gron'ers aro asking .£3. l'he fine winter has resulted in a limited trado in' oatsheaf chaff, and at tho present tinio there is a very'poor demand.