COMMERCIAL ITEMS

Dominion, Volume 10, Issue 3124, 30 June 1917, Page 10

COMMERCIAL ITEMS

INVESTMENT SHARES. Yesterday's quotations for investment shares were as follow:- ' £ 5. d. £ s. d. N.Z. and River Plate .... - J" ° Well. Dei), and iloru ... ~ u_f Well. Gas (£10) 13 1° « National Insurance J" » South British Insurance 6 0 0 - Well. Mc.it Export £5) - *6 0 Huddart-Parker (ord.) ... - 1." v N.Z. Shipping (pref.) ... 10 15 0 - Union Steam (ord. - ? « " Leyland-O'Brion ..J. J • J . Golden Bay Ceniont 110 l i v SOttTHEEN G-HAiX MAEKET. Bv Telegraph-Tress Association. 1 Chrlstchuroh, June 29. The only point of interest in the grain mivUc s the laet that a considerable quantity of Australian oats has armed on the loci mrket, but owing to the shortare it has not affected tolwe. There is Bcarcely any wheat or locolly-erown oats offering- Borne buelness is being done Sd

BANK OP ENGLAND itKTURN. (Rec. June 29, 8.45 p.m.) London, June 28. •nv,. s.«i nF England return issued for the weekended Wedueedfly. June 27, is as under:— ' IS9DE DEPAKTSIKXT. Not* Issue £71,412,000 Gov. debt... £11,015,000 '. Other Rccuritioe 7.i34.000 Gold (.5.893,000 auOJm i.-74.u2,000 -Banking Departm-ixt. Pnhliede- Other secnriporits ... 39.163.000 ties T0.2-26,000 °p h a "t3 e '...145,127,000 KotN 35.012.000 Reet, 7-aay bm 5 otbe " jfiom com. 1.543.0Q0 Jm066,000 i 182,056,000 The leading items of the Bank of England return afford the following comparison : — - This week Last week Lastyeitr £ £ £ Bullion 55,993.000 54.183.C00 60.M3.000 Kemrvo - 30.585,000 86.215.000 43.930.000 Note Circulation 39.J00.000 33.610.000 35.800.000 pSblio Deposits 1)0,163.000 50.113,000 49,270,000 Other Deposits 125.1W.000 119.457,000 106.371.000 Proportion of reeenes to liabilities 23.33 21.40 23/20

GOVERNMENT SECURITIES. Tho following are the latest quotations for Consols and Colonial Government Securities in comparison with Uioeo ruling last week:—

MONET UAHKET. The Bank or England discount rate was on January Z, 1914, reduced from 5 to <j per cent., on January 22 it was reduced to 4 per cent., and on January 28 J per cent. On July 30 i.bo rate wa3 raised to 4 scr cent-., mid on July 31 It was raised to 6 per cent,, and on Aujust 1 it was farther advanced to 10 nor cent. On August 6 the rato was reduced to 6 per cent., on August 7it was further reduced, to 5 per cent., on. July IJ. 1916. it was raised u> 6 per cent., on January 12, 1917, it wae reduced to 51 por cent., and on April i> it was further reduced to 5 per cent. OPEN ILAIttCET KATES. The ocen market diecouut rate for. three months' bill is 4! per cent., as compared with 4g per cent, last week, and. 51-8 per "short S loans are quoted at 4 3-0 per cent., ae against 4 3-8 per cent, last week and 4tf pur ix'iit. last year. COIiONIAIi AND OTHER PKOMJOK. Butter—Firmer; better demand. Supplies a-ro shorter, largely duo to the sinking of considerable cargo. Australian 13 scarce. Choicest, salted, lß4s. to 1889.; ninsall«d, 1925. to 1965. Sugar.-Standard granulated, 465. 9d. Flour.—Good demand. Australian patents. Barley and oats are dull and caaior. Poas< and. beans aro neglected and uuchanged. THE METAL MARKETS. Copper.-«pot, £130 55.: three months. £129 155.; electrolytic, £110. Tin.-Spot, £244 55.; three months, £240 10 iead.-6pot, £50 10=.; three months, £29 Spelt<:r.-Spot,'£s4; three months, £50. Bar silver, o9jd. Customs duties collected at the vori ot Wellington yesterday amounted to 14s. lid. .

This Lust btock Week Week 85% Imperial Consols £ £ d ,j ?i" w ar T^ a „ n 111 10 0 04 v B 31 „ War Loan B7 0 g 66 js o 4 , > M.S.W.1933 Jan-July S X g S3 0 0 iiN.S.W.1930-50 Mv.-Sp S3 in 0 «S 7 li olK.S.W. Early Curr. % 0 $ m 0 3 „ N.S.W. 1925 Apl.-Oet i" g 0 70 10 0 4 „ Vic. 1920 Jau.-July moo 94 S S 3a». Vic. 1921-6 J&n.-July gi o 0 84 0 0 34 „ Yic. 1920-1949 7p 0 0 70 10 0 3 Vic. 1929-49 Jan.-Jly 62 0 0 63 0 0 31 „S.A, 1916 Jan.-July 73 0 6 H 2 s 3 „ S.A. 1916 Jau.-July 57 0 0 67 n O 4 „ Q'l'd 1915-24 Jan.-Jly so 0 0 90 5 0 31 1. QTdl922-47 Jau.-Jly 60 10 0 67 0 0 3 „ Q'l'd 1922-47 Jau.-Jlj 62 0 0 62 15 0 4 „ N.Z.1929 May-Nov. 86 0 0 65 0 0 31 „K.Z. 1912-40 Jan.-Jly 7:1 0 0 73 (I 0 •3 „ N.Z. 1920 April-Oct,. 6U 0 0 63 5 0 31 „ W.A. 1515-35 My-Nv 71 0 6 73 17 li 3 „ W.A. 1915-35 Jly-Nov 60 0 0 69 15 O 31,,'lVs. 1920 Jan-July 72 0 0 72 G 0 3~„Tnsl920-40 J«n.-Julj 65 O 0 G5 0 0