COMMERCIAL.

Star (Christchurch), Issue 9919, 6 August 1910, Page 5

COMMERCIAL.

United. Press Association—By Electric Telegraph—Copyright. LONDON, August 5

MONEY AND STOCKS. Bjoik .Return.—The weekly return of the Bank of England is as follows:

&oltl coin and bullion in hand . £37,856,000 Reserve . . . . . . £28,408,030 Proportion reserve to liabilities . 49.98 «ote3 in circulation . . . £29,058,000 Public deposits . . . • . £15,206,000 Other deposits . . £41,606,000 G-overninent securities . . £17,3752,000 Other securities . . £29,080,000

Bank Rate..—The bank rate is 3 per cent; short loans, 1| per cent; three months' bills, 2 3-16 per. cent; Berlin, /~P er cen^ > Ps-ris per cent. Consols.—Consols are quoted at £Bl IDs.

. Colonial Securities.— Colonial securities are quoted as under, last week's quotations being also given:—

we ; j. , July 25. Aug. 5. New South Wales 4 per cent . 10SJ 1051 New South Wales 3J per cent . 99? 98 New South "Wales 3 per cent . 85J 85£ \lctoiia 4 per cent . . .102 103| Victoria 3§ per cent . . 98 98 Victoria 3 per cent . 65J 85J bouth Australian 8J per cent .98 98 ocfuth' Australian 3 per cent .84 84 Queensland 4 per cent . . 102 102 Queensland 3J per cent 98 98 Queensland 3 per cent . . 87| . 87J New Zealand 4 per cent . . 1064 106J> New Zealand 3J per cent . . 961 99 New Zealand 3 per cent . . BTJ 87j West, Australia 3J per cent . . 97* 97^ West Australia 3 per cent 83£ SS Tasmania S$ per cent . . &8£ Tasmania 3 per cent . . . 86 86 GRAIN AND FLOUR.

Wheat.—The markets are very quiet, and buyers are reserved despite holders concessions. Two Australian cargoes hare been sold at 37s per quarter. Chicago September wheat is quoted at 101 to 102| cents. Unfavourable crop reports have been received from Russia, where-the harvest is expected to yield 25 per centum less than last-year. There is a moderate inquiry for Australian on spot at 365. Flour.—Hull and Australian patents, London, 27s 6d; Glasgow, 28s. Oats.-—The market is .dull. La Plata September-October shipment is quoted at 13s. BUTTER. Butter.—The market is quiet. Danish Ills to 113s. * METALS.

Copper.—On spot, £55 per ton; three months', £55 Is 3d per ton.

Tin.—On spot, £lsl 10s per ton ; three months , £lsl os per ton. Spelter.—£22 12s 6d per ton. Iron.—£2 9s 2d per ton. ' / SUGAR.

Sugar. : —German, 14s lid: first marks, 16s lid.

WOOL. Wool.—The Bradford wool market is firm, and prices are unchanged.

THE SHARE MARKET. [Pep. Pbess Association.] AUCKLAND, August 6. To-day's gales—Watchman 2s 3d, Consolidated Goldfields 2s 6d, Ross 9s 6d to 9s Id, Waihi £8 6s 6d, Waihi Reefs (contributed) 5s 6>d, Grand Junction 39s 9d to 40s 9d, Old Hauraki 4s lOd, Saxon Is 9d, Marks' Turbine (paid) 49s to 50s 3d.