COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2679, 27 January 1916, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAKES. Thero was no business done in investment shores yesterday. The quotations were as follow:— Buyers. Boilers. £ s. d. £ s.. d. National Bank 5 0 0 — Bank N.Z. (£j 6s. Bd.) .... 10 10 0 — Bank N.Z. (£6 Us. 4d.) .. 16 5 0 - Equitable Building 9 15 0 — National Mortgage 3 16 — Napier Gas (£5) — 9 0 0 Jf.Z. Insurance — 6 6 6 S. British Insurance 4 15 6 — Standard Insuranco 115 0 — IVn. Meat Export (525. 6(1.) 2 13 o — N.Z. Shipping (ord.) 17 10 0 18 0 0 Union Steam (prcf.) 10 3 — Well. Woollen (ord.) 5 1 6 - . Weil. Woollen (prcf.) 3 7 6 — Wostport Coal 17 3 — N.Z. Drug 2 4 0 2 5 C Golden Bey Cement 0 19 0 — Sharland (ord.) 14 0 — Sli&rland . (prcf.) 14 0 — Ward and Co 510 0 — P.O. SAVINGS BANK. The deposits in. and withdrawals from the Post Office Savings. Hank, -which are given for each Quarter in the "New Zealand Trade Eeview." show in the aggregate the following movements:— Excess of Deposits. Withdrawals, deposits. Year. £ £ £ 1913 11,536,702 11,041,454 245,248 1914 11,904,321' 10,603,017 1,301,304 1915 13,706,057 11,294,974 2,411,083 There was a very substantial increase in tho savings'of the people last year as compared with the two previous years, and the total to credit of depositors with interest added is now over .twenty-two millions' sterling. The deposits and withdrawals for each quarter of last year show as under:— Exces6oi Depots. Withdrawals, deposits. March 3,159,907 2,<05,183 754,724 June 3,475.694', 2,683,259 792,431 Sept 3,511,506 3,C05,492 6C6.014 Dec. '3,458,954 . 3,201,040 257,914 13,706,057 11,294,974 2,411,083 The pronounced shrinkage in tho December quarter ie contrary to the experience of 1914, when the excess of deposits was larger than in any of the other three quarters. The inference appears to he that more was spent on holiday pleasures than was the case in tho closing quarter of 1914. CHEISTCHUKCH GAS COMPANY. The annual report of the Christchurch Gas Company states that the revenue account shows sales and receipts amounting to* £104,242, and expenses amounting to £72,722, leaving a profit Of £31,520 for the year. The paid capital now stands at £235,075. the reserve fund at £75,000, the renewal fund at £33,5C0. Tho assets are valued at £408,043. The directors recommend the payment of a dividendi of 5 per oent. on the capital paid up, in addition to tho interim dividend already paid, and alter providing for reasonable additions to the reserve and renewal funds to carry forward the balance of £4625 lCs. 9d.

Customs duty collected at the port of Wellington yesterday amounted to £3767 19s. 2d. BRISBANE WOOL SALE. By l'Megrapli— X're;:- oyv'-'i Brisbane, January 26. At the wool sales competition was keen at 5 to 15 per cent, advance. LONDON WOOL SALES. (Rec. January 26, 8.35 p.m.) London, January 25. At the wool sales there was a good selection of merinos, which realised full prices. Crossbreds were very firm. There was spirited competition for all Borts. WHEAT. (Rec. January 26, 8.35 p.m.) London, January 25. Wheat is quiet; 725. is asked for steamer shipment in April. METAL MARKETS. (Rcc. January 26. 8.35 p.m.) London, January 25. Copper.—On spot, £91 Es. per ton; thTeo months', £90 2s. 6d. Tin.-On spot, £179 to £179 10s. per ton. Lead.—Soft foreign, £31 17s. 6d. per ton. Spelter.—On spot, £91 per ton; fdrward delivery, £83. Silver.—Bar sjlver is quoted at 27Jd. per ounce standard. STOCK AND ' SHARES. (Rec. January 26, 8.35 p.m.) I London, January 25. The following are the latest quotations for bank shares and debentures:—Bank of Australasia, £109 155.; Bank of New South Wales, £38 10s.; Union Bank, £49 12s. 6d.; National Bank of New Zealand, £4 13s. 9d.; New Zealand Loan and Mercantile debentures, £75 55., ordinary £76 10s.