COMMERCIAL.

Sun (Christchurch), Volume III, Issue 828, 5 October 1916, Page 10

COMMERCIAL.

GOVERNMENT SECURITIES. By Cab!*.- -Press Association. — Copyright. Australian and N.Z. Cable Association. LONDON, October X Depression rules in gilt-edged stocks, owing to the issue of 0 per cent. Exchequer bonds and the news that part of the French war loan is to be offered in London. There is no great pressure to sell, but all are being marked down. The following are the latest quotations for Government securities, with a comparison with those ruling on September 21:—

The quotations for New Zealand l's and West Australian 34's are ex dividend. SHARKS. LONDON, October 3. Bank of Australasia £lls 10/, Bank of New South Wales £3O 5/-, Union Bank of Australia £55, National Bank of New Zealand £4 19/fi, Bank of New Zealand £B:* 10/- (guaranteed- stock) and £lO 12/0, New Zealand Loan and Mercantile Agency Company's ordinary debentures £BB. METALS. Tin.—Stocks 17,933 tons, spot 3012, afloat 32'.10, deliveries 1521. WHEAT. NEW YORK, October 3. Chicago December are quoted at 15SIJ cents per bushel, as compared with 157* last week. For May deliveries quotations are 15;!jj cents, as compared with 156). The visible supply is 08,430,000 bushels. LONDON, October 3. The market is firm, and cargoes are held for (id to 1/- advance. The latest reports indicate a probability of the exports from the Argentine and the United States being considerably below expectations, causing a shortage of supplies in the new year.

Price 1 Tic e I s. (1. d s. d. 2V','„ Imperial Com sols.. 00 0 0 50 0 0 34% War Loan 80 0 0 85 0 0 44% War Loan or. 0 0 93 5 0 N.S.W. 4's, 1933, Jan.July 85 15 0 83 15 0 N.S.W. 3J*s, 1930-50, March-Sept. 73 r. 0 71 10 0 N.S.W. :U's, 1020 :to .'.' :>:, 2 0 05 2 (i n.s.w. .Vs. ior», . Vpril October 71 0 0 70 5 0 Vic. 1's, 1020, Jan .-July 94 0 0 93 15 0 Vic. IH'.s, 1921-20, Jan.July 85 2 0 SI 5 0 Vic. :»'s, 1020 10 . 71 0 0 72 0 0 Vic. 3's, 1920 25, Ja li.-jiy 05 0 0 i'i.', i) 0 Q'land -4's, 1915-25, Jan. July 90 2 0 89 0 0 Q'land 3}'s, 1922 17 ,'jan.'November 88 2 0 80 10 0 Q'land 3's, 102217. JanVJuly .. . . 00 10 0 00 10 0 N.Z. 4's, 1020, Mai / Nov. ,-w 15 0 88 10 0 N.Z. 3J's. 1010, Jai i.July 75 15 0 7:; 15 0 N.z. ::r. s , l»20, Api •.Oct. or, 15 0 oi 10 0 S.A. :U's, 1010, Jan .-July 71 15 0 73 0 0 S.A. 3's, 1010, Jan Tas. 3i's, 1920-40, .July 01 15 0 58 0 0 Jan. July .. 71 0 0 7!! 0 0 Tas. 3's, 1920 10, ' Jan." Julv .. . . 00 0 0 GG 0 0 W.A. 31's, 1915-35, MayNovember .. 77 0 0 75 0 0 W.A. 3's, 1915-35, ' MayNovember .. 72 0 0 70 0 0