COMMERCIAL ITEMS

Dominion, Volume 11, Issue 10, 6 October 1917, Page 10

COMMERCIAL ITEMS

INVESTMENT SHAKES. • Yesterday's quotations for investment shares were as follow:— Bayers. Sellers. £ s. d. £ s. d, National Bank 5 4 0 — N.Z. and Kiyer Plate ... 116 0 . — Well. Trust and Loan... 5 10 0 — Well. Deposit 0 6 3 ' — Auckland Gas (paid) ... — 17 9 Auckland Gas (cont.) ... 1 0 0 110 Well. Gas (£10) 11 15 0 13 0 0 National Insurance 3 10 — Union Steam 'pref.) ... 1 1 3 - Kaiapoi Woollen ......... 612 0 615 0 Well. Woollen (ord.) 6,12 6 6 15 0 ■Well. Woollen (pref.) ... 4 0 0 4 2 6 Westport Coal — 19 3 Westport-Stockton — 0 8 6 Colonial Sugar (Aust.) ... 22 17 6 — Customs duty collected at the port of Wellington yesterday amounted to £1719 23. Bd.

■BANK OF ENGLAND RETURN. Br Telegraph—Press Associorton— Copyright (Eeo. October 6, 0.30 a.m.) . London, October 4. The Bank of England return issued for the week ended Wednesday, t October 3, is as under:— Issue Department. Note Issue £71,817,000 Gov. debt... f 11,015.000 Other necurities 7,434,000 Gold 53,593,000 471.847.000 £71,847,000 Banking Depabtsiext. Proprietors' ' ' Gov. securicapital i 14.553.000 ties £58,735,000 Public de- Other securlposits ... 42.512,000 tiee 68,572,000 Other de- ! posits ... 128'.745,000 Notes 30,026,000 Beat, 7-aay and other ' bills i ... 3.845.000 Coin J2.322.000. £169,655,000 £160,655.000 The leading items of tho Bank of England return afford the following comparison:— I This week Last week Last year ' ' ■£ £ ■ . .£ Bullion 63.398.000 52.723.000 52,768.000 Reserve' ... 32.318.000 32.365.000 86.006.000 Note Circulation 41.621.000 41,53-2.000 37,00.4.000 Public-Deposits' 42.512.000 44.M5.C00 6-2,!i%,000 Other Deposits' 128,745,000 121,703,000 117,402,000 . Proportion of resorveß to liabilities 18.88 10.50 21.33 GOVERNMENT SECURITIES. The following arc the latest quotations for Consols and Colonml Government""Securities in comparison with those ruling last week:—

;monet market: The Bank ot.Endand discount rate was on January 2. 1914. reduced from 5. to ty per cent., on January 22 it was reduced to 1 oer cent., and on January 28 3 tier cent. On July 30 the rate was raised to 4 per cent., and on July 31 it was raised tc 6 per cent., and on August 1 it was fur\lhcr advanced to 10 per cent. On . August, 6 the rate was reduced to 6 per cent., on August 7 it was further reduced to' 5 per cent., on July 13, 1916. it was raised to 6 per cent., on January 12, 1917, it was redilceH to 5J per cent., and on April 5 it was further reduced to 5 per cent. OPEN MAEKET BATES. The open market discount rate for.three months' bills at 43 \ per cent, as compared with 4 13-16 per cent, last week, and 5 9-16 per cent, last year. Short loans are quoted at 4i per cent., aa against 4J per cent, last week and 5 per cent, last year. '• COLONIAL AND OTHER PRODUCE. Butter.—Nominally unchanged. In the absence of supplies thoracis the keenest demand. ' Two New Zealand cargoee are expected next -week. ,• Wheat—Qnict. ' Very few cargoes. Parcels offering on commission aro realising fair prices for quantities ex ekire. Flour.—lnactive, owing to short supply. . Oata, Peae.anfißcana.—Firm, unchanged. Sugar.—Unchanged. . THE METAL .MABKBTS. Tin.-Spot, £245 12s. 6d.; three months, £242 17s. 6d. Bar silver, 46? d. Other metals are unchanged.. : Tin.—Stocks, 19,575 tons; spot, 2294 tone; afloat, 6410 tons; deliveries, 1663 tons. LONDON TALLOW SALES. Au«tralian-New Zealand Cable Association. London, October 5. .At th'e tallow soles 500 casks were offered and sold. Prices were unchanged. AUSTRALIAN PRODUCE MAEKET. By-Telegraph—Press Association—Copyright Melbourne, October 5. Barley.-Ohcvalier malting, 4e. 6d. to 4a. 7id. per bushel; Oape. 3s. 2d. to 3s. 3}d. Oats.—Algerian milling, 2s. 6d.'10 2s. Bd.; feed, 2s. 4d. to 2s. sd. Potatoes, £3 to £4 10s. per ton. Onions, £17 per ton.

ci.-v This Last Stock Week Week 21% Imperial Consols * s 0 ' a 6 * ft d j ?i" ,\j ar T " 9) 10 0 04 6 0 31,. War Loan q= n n or ii n 4 ..U.S.W.1933 Jan-July §22 1° a 2 2 3i,,iN.S.W.19iO-501Ir.-Sp m o 0 88 2 6 3J..N.S.W. Early Curr. ,q ? n 70 7 6 3 „ N.S.W>1925Apl.-Oct gg 6917 6 4 „ Vic. 1920 Jan.-July H ? o See 31., Vic. 1921-6 Jan.-July g5 0 0 69 13 6 3J „ Vic. 1520-1949 6g i s n 70 10 0 3 ,Vlc.l929.«J«. n ..Jly S 10 0 6° U 0 31 ;,S.A.1916Jan.-July 78 5 0 72 5 0 3 ,,S.A. 191C'JaM.-July '5710 0 57 10 (1 4 ,,QTd 1915-14 Jan.-Jly go 17 6 DO 15 0 31 „ Q'rdl922-47 Jan.-Jly 67 15 0 87 10 0 3 „ Q'l'd 192W7 Jan.-Jlj 63 0 0 ' 62 0 0 4 „ N.Z. 1929 May-Nov. 8415 0 E6 2 6 31 ,,N.Z. 1912-40 Jan.-Jly 73 2 6 73 2 6 3 „ N.Z. 19Z0 April-Oct. 63 0 0 63 17 6 31 „ W.A. 1915-35 Jly-Nv 73 0 0 . 74 7 6 3 „ W.A. 1915-35 lly-Nov 63 5 0-69 C 0 31 „ Tas. 1920 Jan-July 74 6 0 72 2 6 3 \,Ta51920-40 Jan.-Julj 65 0 0 65 0 0