COMMERCIAL ITEMS

Dominion, Volume 10, Issue 3065, 28 April 1917, Page 12

COMMERCIAL ITEMS

-. INVESTMENT SHARES. Sales were recorded on the Wellington Stock Exchange yesterday of Ward and Co at £5 155., and Wellington Investment at lis. 3d. The Quotations were as follows:-.. . B SeUcrS] • v £a. a. £s. d. ' National Bank 5 3 0 5 5 0 Bank K.Z. (£i 6s. Bd.) ... 1115 0 - Notional Mortgage —, ?}° ° N.Z. and K. Plate ...... - ' 1 Well. Trust, Loan, Ltd. - 7 2* Well. Bep. and Mort, ... 07 0 - - Well. Gas (£10) - ■■ W« 6 N.Z. Shipping (prcf.) - 10 15 0 Union Steam lord.) 2 6 0 — Huddart-Parkcr (ord.) ... 15 0 — Well. Woollen (ord.) 6 3 0 — Well. Wololen (pref.) ... 3 15 0 - Wcstport' Coal - 1 ' b Leylaml-O'briun . 15 3 - N.Z. Paper Mills 019 9 - DALGF/fT AND CO., LTD. The New Zcaand superintendent for Messrs. Dalgety and Company has received cable .advice from the head omce in London that the company has declared an interim dividend of Is., being at the rate of 8 per cent, per annum, payable on May 15 next. Customs duties collected at the Port, of Wellington yesterday amounted t0,£2764 Is. lid. BANK OF ENGLAND RETURN. (lice. April 27, 8.5 p.m.) London, April 20. The Bank of Eneloiid- return issued for the week ending " ctTncsdSy, April 25, is as under:— lssur. PKrAiiTiinxT. Note Issue X71.561i.CC1) Gov. debt... £11,015.000 ties ' 7,434,000 Gold 53,117.000 , £71,666.000 X 71.500.000 Basking Department. Proprietors' Gov.sccuricapital £14,053,000 ties £37,472,000 Public do- Other securiliosits - 03,450,000 ties 114,437.000 Other deposits ...117,249,000 Notes 33,339,000 Best, 7-day uml other bills .- 3,128.000 Coin 2,132X00 £187,350,000 £187,380,000 The leading items of the Bank of England return afford the following compnrieou :— This week Last week Lastyear £ £ £ Bullion 03.117.000 52.979,000 57.853.000 Eesorvo ... 35.471.000 35.403.000 .13.271,000 Note Circulation 38,2-27,0a0 38,118.000 34.103,000 Public Deposits uf1.4i30.0C0 54.7ti8.000 61.722,000 Other Deposits 117.219.U00 121,53'J.0U0 85.472.000 Proportion of reserves to liabilities 20.90 10.7! 29.39 GOVERNMENT SECURITIES. The following are the latest quotations for Consols and Colonial Government Securities in comparison with those ruling last week:—

HONEY. MARKET, Tlio Bank of England discount rate was on January 2. 1914, reduced from 5' to '!} per cent., on January 22 it was reduced to 4 per cent., and on January 23 i ror cent. On July 30 tho rato was raised to 4 ner cent., and on July 31 It was raised to 3 per cent., and on August 1 it was further 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 reduced to 5J per cent., and on April 5 it was further reduced to 5 per cent,

OPEN MARKET KATES. The open market Miscount rate for three months' hill is 45 per cent., as compared with Ai per cent, last week, and 4 9-16 per cent, last year. Short loans are quoted at 4 3-8 per cent., as against 43-8 per cont. last week and 4 per cont. last year—Aus.-N.Z. Cable Assn. OOLONIAIi AND OTHER PRODUCE. Wheat.—Quiet; priocs unchanged. Hour.—Firm. Oats—Quiet. Peas and Beans.—Firm. .Sugar.—Unchanged. . Butter—Quiot; littlo business in colonial, owing to uncertainty whether moro will be commandeered. Quotations are nominally unchanged. Maximum prices have been lowered for Danish and New Zealand, 2185., and Australian 2125. Wool.—The Bradford wool business is suspended.. THE METAL MARKETS. Copper.-Spot, £130 ss. per ton; three months, £129 155.; electrolytic, £140. Tin.-rSpot, £227 17s. 6d. per ton; three months, £228 7s. 6d. Load.—Spot, £30 10s. per ton; three months, £29 10s. Spelter.-Spot. £54 per ton: three months, £50. Bar Eilver, 37 5-16 d. per ounce standard. MINING NEWS WELLINGTON SHARE MARKET. Tho quotations for mining shares yesterday were as under:— Buyers. Sellerß. £ b. d: £ s. d. Blackwatev Mines '.. — 015 0 Grand Junction 0 14 3 — STOCK EXCHANGE. By Telegraph..—Press Association. Dunedin, April 27. Sales—Waihi Grand Junction, 14s. 6d.; Union Steam Ship Co., 465. 6d., 476. (two parcels); Mosgiel Woollen, 85s. 6d. Sale reported :—Huddart-Parkcr Co., 275. 6d. WAIHI EXTRACTION CO. ' . Auckland, April 27. For the four-weekly period ended April 23, the Waihi-Paeroa Extraction Company treated 14,500 tons of tailings for a return of £4850. The company has now treated 727,300 tons of tailings for returns totalling £218,361. The company stopped work last Friday for want of coal, but expects to start again next week.

«4„,.i. Last fat0l:k Week. Week 21% ImperialConsols £■"•*• f s „-% 5 „ War Loan • g5 3 0 to .-6 4» „ War Loan » "? 10 . S 3i„ War Loan «? 2 S R7 S 0 4 „N.S.W.1933Jan-July "J " «T io 0 3i„N.S.W.1930-MMr.-Sp " °* }° „ 3J..N.S.W. Early Curr. « " ° JJ " 3 „ N.S.W. 1925 Apl.-Oct ™ * 6 " 4 . Vie. 1920 J an.-July ™ U 0 69 10 0 31 „ Tic. 1921-6 Jan,July 2 5 , S 2 B 31 „ Vic. 1920-1949 $ ° " g ]J g 3 ,,-Vic. 1929-49 Jan.-Jly $'J S •■ $ " S ' 31..S.A. 1916 Jan.-July 71 n (1 71 0 0 > ■"nMy, 1 2}£; 1 A"-" JU i 1 i y 57IS » 571 ° U 4 „ Cl'l'd 1915-24 Jan.-Jly ni o ,, n n () n 31 „QTdl922-47 Jan.-Jly £ 7 6 86 7 6 . 3 „,QTd 1922-47 Joa.-Jl} K 10 0 uib 0 4 „N.Z.1929May-Xov. 8 1 IT B 84 7 6 31 „N.Z. 1912-40 Jan.-Jly 73 17 6 72 2 6 3 „ N.Z. 1920 April-Oct. 63 0 0 62 10 0 31 „ W.A. 1915-35 M'y-Nv 73 2 6 73 2 6 3 „ W.A. 1915-35 My-Nov 68 0 0 68 0 0' 31 „ Tas. 1920 Jan-July 71 IT 6 7117 6 3 ,.Taa 1920-40 Jgn.-J illy 6110 0 61 0 0