COMMERCIAL ITEMS

Dominion, Volume 10, Issue 3118, 23 June 1917, Page 12

COMMERCIAL ITEMS

Is. to £5; cows in milk, to £9; yearling stcors, £5 55.; iveaner 6teen» £2 166. Gift slock on aocounb ol the Horowhenua, County ft'atnolic ■ Association also sold well.

INVESTMENT SHAKES. Tcsterday's Quotations for investment shares were as follow:— Buyers. Sellers. £ 3. d. £ s. d. National Bank — ill I Bank N.Z. (£6 13s. 4d.) .. - 17 16 0 N.Z. and River Plate 116 9 118 6 Well. Invest. T. and A. -. 0 11 6 0 12 6 Woll. Dep. and ilort. ... — 0 7 6 Christchurcli Gas (£5) ... 6 6 0 —. Well. Gas (£10) 13 10 0 14 2 6 N.Z. Insurance — 8 2 0 South British Insurance 6 0 6 6 3 0 Standard Insurance 119 0 — Well. Meat .Export {£5} — 66 0 Union Steam (prcf.) 10 9 — Jfudda!rt-Parker (ord.) ... 1 12 6 113 0 Waipa Coal 038 Q 0 18 9 Westport Coal 1 10 6 — Westport-Stockton (ord.) 0 8 9 — Westport-Stockton (prcf.) 0 11 6 — Leyland-O'Brien 16 3 — Ward and Co 5 12 6 — Customs duties collected at the port of Wellington yesterday amounted to £3503 2s. lid. AUSTRALIAN PRODUCE ItAHKET. By Telegraph—Press Association—Copyright Melbourne, Juno 22. Barley, Chevalier, 4s. 3d. to 4s. 6d.; Cape, 3s. to 3s. 2d. Oats, milliner* 2s. 41 to 2s. 6d.; feed, 2s. to 2s. 2d. Potatoes, £3 10s. to £4 ss. OnionE, £5 to £5 10s. TALLOW.. Australian-New Zealand Cable Association. (liec. June 22, 7.25 p.m.) London, Juno 21. At the tallow sales 1091 casts wero offered, and 346 were sold. Mutton, fine,. 645.; medium, 565. Beef, line, 635. 6rt'.; medium, 565. BANK OF ENGLAND EETUBN. (Hec. June 22, 7.25 p.m.) London, Juno 21. The Bank of England return issued for the week ended Wednesday, June 20, is as under:— Issue Department. Nolo Issue £73,632,000 Gov. debt... £11,015,000 Otlior securities 7.434,000 Gold ... ... 54,183,000 £72.632.000 £72.633,000 Bankino Department. Proprietors' Gov. scouricapilal £14,553,000 ties £45,230,000 Public do- Other securiposits ... 30,143,000 ties 105,868,000 Othor deposits ... 119,457.000 Notes 33.793,000 Best. 7-day and other bills ... 03,210.000 Coin 2.453.000 £167.363,000 £187,363,000 The leading items of th« Bank of England return afford the following comparison This week Last week Laatyear Bullion 54,183.000 62,9-73,000 59,972,000 Reserve ' ... 36,245.000 35,029,000 44,943,000 Note Circulation 33.840.000 .88,779,000 35,215,000 Public Deposits 30.143,000 49,784,000 51,200.000 Other Deposits 119.457,000 125,855,000 91,549.000 Proportion of reserves to liabilities ■ 21.40 19.94 31.50 GOVERNMENT SECUKITIES. The following are the latest quotations for Consols and Colonial Government Securities in comparison with those ruling last week:— '

itONEr MAHKET. The Bank of England discount rate was on January 2, 1914, reduced Irom 5 to *i per cent., on January 22 it was reduced to 4 per cent,, and on January 23 3 per cent. On July 30 the rate was raised to 4 per cent., and on July 31 It was ratted to 8 per cent., and on August 1 it was further adTanced to 10 per cont. On Aueust 6 tho rate waa reduced to 6 jer cent., on August 7 it was further reduced to 5 per cent., on July 13. 1916. it was raised to o ocr cent., on January 12, 1917, it was reduced to 55 per cent., and on April 5 it was further reduced to 5 per cent,

OPEN 11AKKET KATES. 'The open market discount rate for three mouths' bill is 45 per. cent., as compared with 4j per cent, last week, and 4 9-16 per cent, last year. ■ Short loans are Quoted at 4 3-8 per cent., as against 4 3-8 per cent, last week and 4 per cent, last year. COLONIAL AND OTHER PRODUCE. Butter.—Steady, market quiet. Maximum prices will' probably remain -unaltered. Danish, 1985., Zo2e.; Australian, choicest, salted, 180s., 1845.; unsnlted, 186=1.. 188s.; New Zealand, salted, 1905., 1945.; unsalted, 1965., 198s. It is understood that the Government has TeQuisftioned a. cargo of forty thousand boxes of Australian butter. Cheese.—There ia nothing doing in cheese pending the Government's distribution, which is expecfeft early in July. Wheat.—None offering. Sugar.—Unchanged. Flour.—Quiet. Australian Patents, 795. Oats.-Slow. Tasmanian, 38s. 6d. per 3041b. Beans end Peas—Dull. New Zealand, none offering. THE METAL MARKETS. Copper.—Spot. £130 ss. per ton; three months, £12? 10s.: electrolytic, £149. Load—Spot, £30 10s. per tou; three months, £23 10b. Spelter.—Spot, £54 per tou; three months, £50. Tin.—£24B 17s. 6d. per ton; three months, £246 17s. 6d. Bar Silver.-391d. per ounce standard. MINING NEWS WELLINGTON SHAKE MAKKET. The quotations for mining shares yesterday were as under:— Buyers. Sellers. £ s. d. £ s. d. Hurray Creek — 2 6 0 Waihi 1 14 6 - *Grind Junction 0 15 0 — *Cum div STOCK EXCHANGE. By Telegraph—Press Association. Auckland, June 22. Sales—New Zealand Insurance, £8 Is. Dunedin, Juno 22. Sales—New Zealand Paper Mills, 195.; T).I.C. £1 7s. 6d.; Talisman Consolidated, 9s. 3d. LONDON SHAKE MARKET. Australian-New Zraland (labia AFfooiation. (Rcc. Juno 22, 7.Z5 p.m.) London, Juno 31. Union Slcam Ship Co. ot New Zealand. 60s. Waihi, 335.. 6d.., 345. 6d. WAJIII-PAEROA RETURNS. By Telegraph.—Press Association. Auckland, .Tune 20. For Mie right weeks ended Juno 16 tho Waihi-Paproa Gold Extraction Co. treated 17,400 tons of tailings for a return of £6450. During tho period thrco weeks wcro lost owing to t.ho shortago of coal. Thocomlinny has now treated 744,700 tons for £224,811.

Stock . $™ $& 21% Imperial Console | 4 jj % £. ih „ War Loan rr is n 07 n n 4 ,,N.S.W.1933Jan-Julj 33 % 0 M 0 0 93 7 6 31 ,,N.8.1V. Early Ourr. ffl 3 ,,N.S.WW25Apl.-Oot gjg 0 w 0 0 . 4 „ Tic. 1920 Jan.-July 1; 1 i ai ?, a 35,, Vic. 1921-6 Jan.-July si 0 0 84 0 0 31,,Vio. 1920-1949 • ? 0 10 0 7010 0 3 „ Tic. 1929-49 Jen.-Jly 63 0 0 3i,,S.A.1916Jan,July ya a 6 n 3 " 3 „ S.A. 1916 Je,n.-July 07 0 0 07 O 0 A ,.QTd 1915-24 Jan.-Jly go 6 0 no 2 6 3J,,l}Tdl922-47Jan.-Jly 87 O 0 66 Iβ 0 3 „ QTd 192M7 J«n.-Jlj 62']5 0 r>3 7 6 4 „ iS'.Z. May-Sov. 66 0 0 85 15 0 31,. M. 1912-40 Jan.-Jly 73 0 0 73 0 0 3 ,,N.Z.1920April-Oct. 63 6 0 63 7 G 3J..W.A. 1916-35 My-Nv 73 17 6 U 2 • 0 3 „ W.A. 1915-35 My-Nov 69 15 0 69 10 0 ii „ Tas. 1920 Jan-July 72 5 0 7117 6 3 „ Tas 1520-40 Jan.-Julj 65 0' 0 63 0 0