COMMERCIAL ITEMS

Dominion, Volume 10, Issue 3142, 21 July 1917, Page 10

COMMERCIAL ITEMS

I TXVKKTMKXT SHAKES. Yesterday's quotations for investment shaves were as undor:— Buyers. Seller. , -. £ = <1. £ s. <l. I National Bank 510 6 - a Bank N.Z. (old) 12 12 0 - 8 Bank N.Z. (new) - IV 15 0 i linipii Hank 56 5 0 - I Xatiomil Mortßiure 317 6 - N.Z. ;mA Hivcr Vlato ... 116 0 117 0 Well. Gas (£10) 13 15 0 14 10 0 Well. (Jus (pivf.> - (i 19 0 National Insnrance. 2 19 0 - S.B. Insurance 6 3 0 6 6 0 Klnmliird Insiirauco 2 10 - Meat Kxport (.«) - 6 6 0 Auckland Trams 119 12 3 HmldarU'arkcr (ard-) .. - 1 13 6 Union Steam (nrcf.) 110 - P. and O. Bights 111 3 112 0 Kfliapni Woollen (ord.) - 7 6 0 Well. Woollen (ord.) 6 6 0 Well. Woollen (prof.) 3 18 0 - Wostpon Coal 1 11 fi — (prof.) 0 1110 ' — Waipa Colliery 0 18 5 0 18 9 T.ovliuKl-O'Brion 16 6 -

Waril and Oo 5 1" 6 515 0 W.F.O.A. (£s} G 5 0 — Colonial Sugar (Aust.) ... 22 2 0 , — BANK OP ENGLAND BETUR.W London, July 19. The Bank of. England return issiiod for the week ended Wednesday, July IS, is ae unuor: — > s . IssiJe Uepabtjiknt. Kolelssuo JGS.Di&OiJO Gov. debt... £11015 000 Other KCvnvitfcs 7,434,000 told 60,546.003 i' 65.005.000 £68,095,000 Basking Hepabuikxt. Proprietors' Oov. secuvicapital £14,553.000' tier, £'45.4,68000 Public do- Olhcrsecuriposits ... 42,085.000 ties 112 W5 000 Other do- ' ' posits ...126,103.000 Notes 29,418 000 Best, 7-diiy and other bills ... 3,260.000 Coin 2.6(6.000 • £190,277,000 £180,27wi00 The leading items of the Bank of England return afford the following comparison :— This week Last week Last year £ £ £ Bullion 00.54G.000 90,761.000 51.890 000 Besorvo ... ■42.124,000 31.951000 33.M1.C00 Note Circulation 311,577.000 3fi.a3li.oCo 36.000.000 Public Deposits 4M53.0U0 , 4S<OI!8.000 DS.OtiS.OOO Other Deposits 124,711,000 126.103,000 86,443,000 Proportion of reserves to liabilities 18.63 .. 18.UD •■a.W * GOVERNMENT SECURITIES. The following are the latest quotations for Consols and Colonial Government Securities in comparison with those ruling last week :—

HONEST HAIiKET.

The Back or Erejlaad discount rate v;ae on Januaiy 2, 1914, reduced from 5 to «J per cent., on 22 it was reduced to 4 per cent., and on Januojry 28 3 per cent. On July oO tho rate was raised to 4 per cent., and on July 31 It was ralscu to 8 per cent., and on August 1 it was further advanced to ao per cent. On Austust 6 the rate was reduced to 6 per cent., on August 7 jjt was further reduced to 6 per cent., on July 13. 1916. it was raised to ti per cent., on Jaqruary 12, 1917. it was reduced to hi per cent., and on April 5 it was further reduced to 5 por cent.

OPEN MARKET KATES, The open :tnarSot discount rate for th'rcn months' biß is 43 per cent., as compared with 4jr per cent- last week and 5| per cent •last year. Short loans are quoted at 4J per cent.. as against 43 per cent, last week and 4J per cent, last year.

THE .3IETAL MARKETS. Copper—Spot J2130 ss. per ron, three months, £129 Ms.-; electrolytic, £140.. , Lead.—Spot. £30 10a. per ton; three mouths. £29 Ms. Spelter—£s4 ner ton; three months, £50. Tin—£239 ss. jwr ton; three lioiiths, £235 17s. 6d. Bar Silver.—'lOgd. per ounce standard.' LONDON' STOCK EXCHANGE. (Rec. truly 20. 11.10 p.m.) London, July 19 Waihi, 355. 6c , !., 365. 6d.; Grand Junction 14s. Id., 15s. VICTORIAN PRODUCE. Melbourne July 20. Barley, Engl/sli, malting. 4s. 2d. to 4s 4d :,V OaDe A ° S -J il t0 3s - M - Oats, Algerian, milling, 2s. 6d. to 2s. 6Jd.; feed. 2s. 2d. to £8 10 llotatl>es ' £i t0 a 153 - Oniona.

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