COMMERCIAL.

Evening Star, Issue 16263, 4 November 1916, Page 1

COMMERCIAL.

Applications for loans to tlio amount of £2,255 and for 27 shares were received by tho trustees at this week's meeting of the Money Club. MONEY AND MARKETS. Press Association—By Telegraph—Copyright. Australian and N.Z. Cable. Association. LONDON, November 2. —Bank Returns and Discounts.— Bank of Emdnnd returns—Gold coin, £54.426,030: proportion of reserve to liabilities. 22.41; notes in civvlation, £5?,22'i 000;;' Govemfoent £51.107.000; other denosifs. i5116.622.C00; Government securities'. £42,188,000 ; other securities, £105,714,000. Discount on short loans, 5 per cent.; three months' bills. 5 9-16 nor cent. Consols, £56. War loans," £B4 10s and £94 10s (ex dividend). —Dominion Stocks.— The following are the quotations, as compared with those lor the previous week : Oct. 26. Nov. 2. Victorian 4's 93| 93*Vietorian. 3.'.'s 84 84 Victorian 3 ir V 70J 70f Victorian o's 62?j 62j;-New-South Wales 4's ... 83* 83=(?) New South Wales 3i's ... 95>- 83-J,( ?) Now South Wales 3's ... 69? 69$ New South Wales 3-A's-h 72JJ 72 Queensland 4's ... ..". ... 88 GBjj Queensland 3i's 85§ 85-J Queensland 3"'s 62J G3| Sout.ii Australian 3A's ... 73 73 South Australian 3 : s ... 59 59 New Zealand 4's 851- 85 New Zealand 3Vs 72* 72-J New Zealand 3's 624 624 Tasmania.n 3Vs 75 72J Tasmanian 3's 66 66 West Australian 3.'.'s ... West Australian 3's ... *1920-4O currency. + 1920-39 currency. -Cereals.Wheat.—Normal. Flour.—Short .supply; advancing continuously. Peas and Bonus. Str'me; and advancing. New Zealand )>■.'!. nfii-rimr. Oats.—Very firm. Old La Plata, ex quay, 33s 6d. —Metals.— Copper.—Spot. £124 5": 1 hree months, £ll9 10s; cleclrolvlic, £143. Lead.—Spit, £SO 10.-.: three months, £29 10s. Spelter.—Spot, £52 10s; three mouths, £SO 10.=. ■Tin.—Spot. £IBO 12s 6d : three mouths, £lßl 12s 6d. Th- stock amounts to 13,821 toiif.. spot 2.358 lons, afloat 3,630 tons, deliveries 1.317 tons. Silver, 32 7-16 d per oz. --Wool.— At tho Bradford wool market, there was plenty of inquiry, but business was limited owing to the topmakcrs asking prohibitive prices: 64's, 57d; super 60's, 56d ; common 60's. 55d : 56's, 42d; 50's, 34d; 46's, 29 i '.<l; 40's, 28d. • —Sugar.— Unchanged. —Butter and Cheese.— Butter.—Very firm. The supplies arc small. Danish, about 2165; New Zealand, nominal. 200s; Canadian, 196s to 198s. It is expected that the first arrivals of new Australian will make 200s. Cheese.—Strong demand. Canadian, 114s to 116s; New Zealand, 112s to 114s. THE WOOL SALES. Prpss Association—By Telegraph—Copyright. Australian and N.Z. Cable Association. LONDON, November 2. At _ tho wool sales there was a good selection of all classes. Cross-breds and greasies were in sellers' favor. Slipea continue to harden, and merinos are selling at extravagant prices. The following prices were obtained for the clips named:—Severn, top 26£ d, averago 21d; Chch, top 25, average 22id. AUSTRALIAN WHEAT PRICES. Press Association—% Telegraph—Copyright Australian ♦ SYDNEY, November 3. The export pmcos of wheat have been fixed as follow- :—As for flour for tho United Kingdom and the East, 5s 6d per bushel; for Nov: Zealand as for drain. 5a 3d per bushel. CHRISTCHURCH WOOL SALES. The first wool sale of tho season in Chnstchurch will be held' on Thursday next. At tho corresponding sale' last year a catalogue of 7,000 bales was offered, and there is every L'kelihood that this quantity, will be equalled,, if not but-, passed. .-■'■-•"