COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2523, 31 July 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. ' There irero no transactions, in' invest-' ment shares yesterday. Tho- quotations were as under:— •.

Customs duty collected in the - port of Wellington yesterday amounted, to £2269 83. 5tL § SOUTHERN GRAIN 'MARKET. • fßy Telegrupr ' /Christchurchi July 30. The Government Statistician reports in July the number of "abstract of statistics" that according to thresihinK returns ■were .received, up to July 20. The actual quantity of wheat threshed was ■ 6,581,629 bushels. It has been found thait no returns of areas were furnished in a number of cases by farmers on- whose behalf grain has been threshed. This indicates that threshing returns ere correct, and. that the, total area returned was considerably below the actual area which, was under wheat. The census of stocks of wheat, oaits, and flour in the Dominion' was taken on Juno 30, but the final results are not yet available. .

Both, the wheat and oats market are very dull, there appearing to bo no buyers for -either eoreals <ut present. Oatsheaf chaff keeps firm, but with, lessened demand.- 'Ilhere is no sale for straw chaff, end a large quantity is still in ■ store awaiting shipment. Potatoes are easier— £5 10s. is now the best price offered. YICTOBIAN HiODTJOE MARKETS'. Br Telegraph—Press Association—Copyright - Melbourne, July 30. TVhe-at, te. Id. to Bs. 2d.- Hour, £17. Oats. Es. 2d.; Chilian. 4s. 9d.Japanese, 3s. 9d. to te. Maize, 45..8 d. Bran, £10 ss. Pollard, £11 55.. Potatoes, £9 to £9 10s. Onions, £7 10s. to £8 10s. BANK OF ENGLAND RETURN. (By Telegraph.—Press Assn.—Copyright.) London, July 21). The Bank' n>f England return .issued for the week ended Wednesday, -July 28, is as under:— Issue Department. Noto Issuo £78.390,C00 Gov. flobt ... £11,015,000 Other scouri-' tics 7,43-1,000 Gold 09,0-11.000 £78,390,000 ■ £78,390,000 Banking Department. Proprietors' Qov.'securicapital ' £14.653,000 ties £53,153,000 Public de- ' ■ Other sccuri- • posits ... 177,636,000 ties 102,105,000 Other de- . posits ... 95,510,000 Notes 11,859,000 Best, 7-day and other • . bills ... 3,419,(XX) Coin ... ... Q6S.COO £291.178,000 £291,173,000 The leading items of the Bank of England return afford tie following comparison:— - _

, . GOVERNMENT SECURITIES. The following are the latest quotations for Colonial Government securities in comparison with those ruling last week:—

HOJfEY MARKET. The Bank of England discount rat« vras en January 2, 1914, reduced from 5 to 45 per cent., on January 22 it was reduced to 4 per cent., and on January 28 3 per cent. Ou July 30 the rate was raised to 4 per cent, and on January 28 3 per cent., and en August 1 it waa further advanced to 10 yer cont. On August 6 the rate was reduced to 6 per cent., on August ? it was furtker reduced to 5 per cent., at which rate it now stands. Tho Bank of Franco rate Is S per cent., as against 4 per cent, last year. OPEN MARKET BATES The open market discount rate for throe months' bills is 5J per cent., as compared with. 5 per cent, last vieek and —- per cent, last year. Short loans are quoted at 45 per cent., as against 4J per cent, last week, and per cent, last year.

COLONIAL' AND • OTHER PRODUCE. Wheat.—Market dull; prices lower to sell. Floor.—Market firm.. Tho demand lias improved, , Oats.—Market quiet. Baliia Blanca, JuneJuly shipments, 265. Peas.—The market is very firm. There is little offering. Butter.—The market is firm. Danish hardening on increasing German demand. There is a geueral shortage in fine butter. Ifew choicest Australian available 13 about 1425. Cheese.—Market dull. ■ New Zealand, 755. to 7fe. The Government lias overbought, and is reselling a considerable quantity at about 665. Sugar.—The market is firm. American granulated, spot cash, 295. per cwt. Bradford Tops.—The market is quiet, with' a good tone. Spot quotations ere as follow:—sixty-fours, 43d. pel- lb.; t-upcr sixties, 42Jd.; common sixties, 4k1.; fifty-sixes, 35(1.; fifties, 31d.; forty-sixes, 27d.; forties, 25d.

METAL MARKETS. Ooppor.-On tho spot, £71 ss. to £71 10s.; three months, £72 lfts. to £72 15s. Tin—On the spot, £158 15s. to £159 55.; three months, £159 lo £159 IDs. foreign, £23 15s. to £24 per ton. Silver.—22 5-IM. per ounoc standard. PiE-iron.-Hlddl«borou2ii Ko, 3, S6s, M, pej; ws» -

Buyers. 'Sellers. £ a. d. £ s. d National Bank — . 5 ■ 5 0 •Well. -Gas (£1Q) - 1? 0 0 Well. Gas (pTef.) - 10 2 Gear Meat. (£4) .............. ■— 17 0 0 Gear Meat (£1) ' — . 4 10 0 )Yn. Mt. Expt, (£2 lto. W.) - 3 .0 0 Union Steam ford.) — 13 8 Union Steam (pref.) — 10 7 Westport Coal — 111. £ WeetportrStockton 0 5 0 — N.Z. Drug — • 2 7 6 Golden Bay Cement — 119 Sharland ford..) — 13 0 *Cura div..

This week Last, week Lastycar £ £ £ Bullion ... ... , 59.941,000 68,460.000 36.671,000 Eoservo ' ... 45.825,000 44.102,000 26.275.000 Note Circulation. 33,531,000 33.774,000 . -29,705,000 Public Deposits 177.G36.0C0 109,226,00a 12,713,000 Other Deposits 85,540,0(10 134,620.000 51,419,000 Proportion ri£ reserve to liabilities 18.80 ' ' 18.09 40.03

Variation' Stock' ' compared Price. mtli _____ , __ last week. ' • £ 5. d. 21% Imperial Consols 65 0 0 Unchangui i „N.S.W.1933Jan.-July 95 2 6 o/n higher ii ■•S-l-S- 1 F; 50^ r - Sp 85 12 e 12/0 higher 3i „N.S-W. Early Curr S3 5 0 Unchanged 3 1I N.H.'W.lS25Api;.Ocl 78 5 0 5s highor - i „Vic. 1920 Jan.-July n 3 3 6 .2/6 hicher Si „Vio. 1021-6 Jan.-Juiy 01 7 6 Unchanged3 „Vic,1029-lDJan.-July 76 0 0 Unchanged „S,A.1916 Jan.-July 85 5 0 Unchauged 3 „S. A. 3916 Jan.-July 70 0 0 Unchanged 1 „QTdl915-24 Jan.-July 95 0 0 2/61ower 35 „QTdl922-47Jan.-July 91 7 G Unchanged ? "8 JSJ M' JnIy 7410 0 Unchanged < „N.Z.1929May-Nov. 05 0 0 Unchanged 2 •"»■>/'iran"! 63 5 0 Unchanged i'KSift 76 2 6 Unchanged 3J „\\.Aa915-35May-Noy 67 10 0 Unchanged B „W.A,191ij-35May-Noy 63 a 6 2/6 higher Bi ,.Tas. 3020Jan.-JuIy • 85 15 0 10u higher 3 „TaB.1920-d0 Jan.-July 76 1.3 Unchanged