COMMERCIAL ITEMS

Dominion, Volume 12, Issue 81, 31 December 1918, Page 8

COMMERCIAL ITEMS

Customs duties collected at tbu port of Wellington yesterday amounts! tu JBMB 14s. lOd. BANK OP ENGLAND RETURN. Auutralian-Ncw Zealand Cabin Association. > London, December 23 The Bank of Eiiitliind return issued for tho week ending Wednesday, December 26, is as under:— Issue DsyjiP.TiiEXT. Notes isßued £70,307,000 Gov. debt... £11,015,000 Other securiNotes in lies ... .... 7,434,0 m reserve 26.6W.000 Gold ... ... 78,6J2,003 t67.001.000 Jb-97.001.0Qa BiKKINO DEPABTMENT. . Pioprietois' Gov.securicapital ...£11,553,000 ties ... £70,106,000 Public do- Other secuiiposits ». 23,013.000 tics 02,140,000 Oilier do'posits ...119,031.000 Notes in Ilrst.T-dny reserve ~. 26,601.0011 anil other Ooin in bills ... 3.567.C00 reserve ... 660.000 £100,£00,(XB £150.800.000 ' The leading ltemo of the Bank of England retarn afford the following corapariion:— Two Tbisweok weeks n;!o Last year Bullion ...' ... 78,552.010 77,152.000 57.131,000 Reserve ... 27,254.000 28,672,000 30,844.000 Koto Circulation 70.307.(10u 67.505.0C0 45,944.000 Public Deposits 23,643,000 27,418.000 42,093.000 Other.Dcposits HO-OaV-000 15i.1K.000 134,161.000 Proportion of reserves to liabilities 16.78 15.83 13-56 GOVERNMENT SECURITIES. Government stocks were not cabled this week. Ths last quotations were:—

Stock 21% Imperial Consols ' LBu "• 5 „ War Loan J? 2 S 35 „ War Lonn 85 7 li '61 „ Aus.-Oommonw'th jjjjj q 0 5j „ Aus.-Oommonw'th nn in n"f Sj,.S.RW.I°JO-50Ja.Jy "SJ'n 0 3 „M.8.W.19»Ap1.-Oet ,3 5 0 4 „ Tic. 1.920 Jan.-July gg 0 0 3J „ Tic. 1921-6 Jan.-July go 0 0 ijtfVfc.l92o-19'19 7 S 3 t 3 ..VIcWM-M Jan.-Jly 07 0 0 3J„6.A.1916Jau.-July 78 2 G 5 „ S.A. 1916 J«iD.-July. pj 10 0 4 „QT<i 1915-24 Jan.-Jiy woo 31„QTd1922-47Jan.-Jly »i 0 0 3 „QTd 1912-47 Jaa.-Jlj 66 0 0 4 „N.Z.t929 Hay-No v. (080 3!„N.Z.1912-«Jan.-Jly 73 50 3 „N-Z.OTApril-Oct. 68 2,6 31 „ W.A. 1515-35 My-Nv 7610 0 3 „ W.A. 1915-35 My-Nov . 73 7 6 H „ Tis. 1920 Jan-July ■!B W 0 3 „ Tas 1920-40 Jan.-Julj 06' 0 0 MONEY JTAEKET. ■;," Tho Bank of England discount rate on January 12, 1917, was 51 per cent. On April 5 it was reduced to 5 per cent., at which figure it has since stood. OPEN MARKET HATES, .The open market rates were not. cabled thie week. The previous reports stated •that the discount rate for threo months' 'bills was 31 per cent., as compared with 3J per cent, the previous week aua 4? per cent. Inst year. Short loans were quoted at 3i per cent., as against 3} per cent, the previous week, and 4J per cent, last year.