COMMERCIAL ITEMS
INVESTMENT BHAEES. Yesterday'B quotations for Investment shares were as follow:— Buyers. Sellers. £ s. d. £ s. d. National Bank 5 0 0 — Bank N.Z. (£6 13s. Ad.) ... 17 0 0 ' — Union Bank — 54 0 0 Equitable Building 9 12 6 — N.Z. and Iliver Plate .... — 210 Well. Invest., T. and A. — 010 9 Well. Trust, Loan. Ltd. 612 6 617 6 Anck. Gas (paid) 18 6 — Christelmrcli Gas (£5) ... 612 0 — Well. Gas (£10) — 15 0 0 Well. Gas (pref.) 0 18 J — ■■Gear Meat (£4) 18 0 0 — Gear Meat (£1) 410 0 — Well. Meat Export (£5)... 6 5 0 — Union Steam (ord.) 2 16 — Union Steam (pref.) 10 9 — Kaiapoi Woollen (0rd.)... 6 4 0 — Kaiapoi Woollen (nrtf.)... 6 0 0 — Well. Woollen (ord.) 6 0 0 — Well. Woollen (pref.) ... 3 16 0 — Waipa Coal — 0 18 9 Hikurangi Coal — 010 0 Taupiri Coal — 012 0 Leyland-O'Brien 12 6 — Ward and Co 5 16 0 — N.Z. Draff 2 7 6 — Sharland (ord.) 17 6 — filiarland (pref.) 17 6 — Taranaki Oil Wells 0 16 — *Oum div. Customs duties collected at tlie port of Wellington yesterday amounted to £2038 14s. 9d. LONDON WOOL SALES. The New Zealand Loan end Mercantile Agency Company, Limited, have received the following cablegram from tfceir London house under date December 20:— "Wool sales adjourned; cxnect to be resumed on January 4.- Market strong." UNION STEAM SHABEi CRec. December 22, 9 p.m.) London, December 21. Union Steam shares are quoted»-Buyers 435., sellers 48s.—Aus.-N.Z. Oablp Assn. BANK OF ENGLAND RETURN.' Australian-New Zealand Cablo Association. (Rfic. December 22, 9 p.m.) London, December 21. The Bank of England return issued for the week ended Wednesday, December 20, is as under: — Issue Depahtment. Note Issue £71,302,000 Gov. dobt ... £11,015,000 Other securities 7,434,000 Gold 62,853,000 ' £71,30-2,000 £71.300,000 . Banking Depajitment. Proprietors' Gov.securicapital £14,553.000 ties £12,153,000 Public do- Other securiposits .... 53.561,000 ties 104.681,000 Other deposits ... 109,007.000 Notes 32,078,000 Keßt, 7-day and other bills ... 3,302,000 Coin 1.406.000 £160,413,000 £180,443,000 The leading items of the Bank of England return afford the following comparison:— This week Last week Lastyear Bullion 53,853,000 63,463,000 50,014,000 Deserve ... 33,574.000 36.509.000 34.444.000 Note Circulation 39,224,000 37,507,000 35,090,000 Public Deposits 63.581,000 57.6H.000 63,136.000 Other Deposits 109,007,000 106.526,000 08,734,000 Proportion of resorvesto liabilities 20.65 21.70 22.70 GOVERNMENT SECURITIES. The following are the latest quotations for Consols and Colonial Government Securities in comparison with those ruling last week:— Variation Stook Price. with . last week. 2i% Imperial Consols j? r s ; „Wai Loan S „ 15s higher 3J„ War Loan ES ,5 S 25s higher 4 „ N.5.W.1933 Jan-July SS S 80s higher 35„N.5.W.1930-50 Mr.-Sp S.l „ n J'bh'ghor 3j „ N.S.W. Early Curr. J, Vmhmgei 3 „ N.S.W. 1925 Apl.-Oct %*2 £ W a \ u^ or 4 „ Tic. 1920 Jan.-July IS „ Mbiehor 3i„ Vie. 1921-6 Jan.-July „ i se J?'? her 34 „ Vic. 1920-1949 Sqis d gkW o * 3 „ Vic. 1929-49 Jan.-Jly ™q £ otlwS** 3J..5.A. 1916 Jan .-July ,T £ 6 ?i' i 8 3 „ S.A. 1916 Jan.-July 67 17 B S?^ hanßea t . Q'l'd 1915-24 Jan.-Jly H%S = 6 55„«Td1922-47Jan.-Jly « 6 0 fahlcW 5 „(}Td 192247 Jan.-Jlj B2 13 g ™/6bjcw 4,. N.Z, 1929 May-Nov. 84 12 6 fishkw 51 „ N.Z. 1912-40 Jan.-Jly 72 0 0 til h ehe£ S 3 « 0 UnSged >$ „ SV.A, 1515-35 My-Nv 75 0 0 UnchftniUl I" M f? 0T 70 0 0 i „5; Jan-July 70 12 6 2/6 lower i las 1920-40 Jen.-Jul; 65 10 0 10s higher MONEY MARKET. The Bank of England discount rate was Dn January 2, 1914, reduced from 5 to 41 per cent., on January 22 it was reduced to 4 per cent., and on January 23 3 per cent. On July 30 the rate was raised to 4 per cent., and on Jiuly 31 it was raised to B per cent., and on August 1 it was further advanced to 10 per cent: On August 5 the rate was reduced to 6 per cent., on August 7 it was further reduced to 5 per :ent., on July 13, 1916, it was raised to 6 per cent. OPEN MARKET ItATES. The open market discount rate for three months' bills is 69-16 per cent., as compared with 51 per cent, last week and s'. per cent, last year. * Short loans are quoted at 5 per cent as against 6 per cent, last iveck and 43 per cent, last year. COLONIAL AND OTHER PBODUCE. Wheat.—'Hhe market is firm and unihanged. Flour is steady. Australian. 595. to >9s. 7d. Oats are firm. La Plata, none offering. Peas are very strong, and supplies are short. New Zealand Maples and partridge, nominally 955. to 100s. Beans are firm. Thero are no New Sealand offering. Butter—Tho market is strong, little jeinff available. Danish is unchanged Yustraliau, salted, 2065. to 2085.; unsalted' !10s. to 2125.; secondary, 200s. to 2045.; New Zealand, 210s. to 2145.; unsalted, 214s to !165.; secondary. 2065. to 2085.; Argentine !06s. to 2125. ' Olicese is very firm. Canadian, 130s. to 134b. The Government's prico for Australian and New Zealand is still unsettled. Sugar is unchanged. Bradford Tops—The market is quiet and inchanged. THE METAL MAKKEI'S. Copper.—On spot, £142 15s. per ton; three months, £136 15s. j electrolytic, £158 10s Tin.-On spot, £179 12s. 6d. per tonthree months, £181 12s. 6d. Lead.—On spot. £30 10s. per ton; forward delivery, £29 10s. Spelter.—On spot, £5? ss. per ton; forward delivery. £51 6s. Silver.—Bar silver is quoted at 36 13-153 per ounce standard.—Aus.-N.Z,Cablo Assu'
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Dominion, Volume 10, Issue 2959, 23 December 1916, Page 12
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896COMMERCIAL ITEMS Dominion, Volume 10, Issue 2959, 23 December 1916, Page 12
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