COMMERCIAL ITEMS

Dominion, Volume 11, Issue 70, 15 December 1917, Page 12

COMMERCIAL ITEMS

INVESTMENT SHARES. Prices of investment stocks were as follow:- Ewers / Sollors , *~* • Bank N.Z. (£6 13s. «.)... 17 2 « National Mortgage ......... ■» 1/ o *I/oan and Merc. (0rd.).... 84 0 0 N.Z. and R. Plate. }17 0 - Auckland Gas (paid) l<9 1 ' <> Ohristchurch Gas {£$) ... - » 001. Sugar (N.Z., Fiji) ... - »j ° Gear Meat (£1) ....... Well. Woollen (ord.) « 15 0 Well. Woollen (prel.) 4 2 0 ~ . Waiph, Coal - ° » | Westport-Stockton (ord.) - «. » * Kauri Timber (335.) - * " ° Sharland (ord.) 1 ? » 2 Auckland Trams (ord.) ... 1 0 0 *Cum div. , Customs duty collected at the uort of Wellington yesterday amounted to «mo 7b. 10d. BANK OF ENGLAND EETUBN. Australian-New Zealand" Cnble Association. <Reo. Decemher 14, 9.10 p.m.) Londoni December 13. The Bank of Eiisiand return. issued for the week ended Wednesday. Decembei 12, is as under.— IBBDE DRPAIWMEST. Notelssno ff1.538,000 Gov. (10bt... £11,015,000 Other securities 7.431.000 Gold 56.059.00Q *71.538,000 liiNtti.NO DRFAnTUKN'T. GOV. ECCUri* P c°p a ° .!.f»,553,000 ties ... i57.89G.0M PiVlillG de- Other secunpoelta ... 10,418,000 ties 91,535.000 °POBUB 0 ' - 123.153.000 Kotes 30.6W.000 Best, 7-day and other ~,. n^, bills ... 3.357.C00 Coin 1.<35.000 iIBUSWOO JE181.458.000 The leading items of the Bank of England return afford the following comparison:— This weolt last weoli tuft year ■ ■ ■£■-.£' *' Bullion ... ... ' C 8.069.000 56.01i.000 53.462.000 Bcserve- ••• 32027.000 32.257.000 30,5!O,00O NoteCirculation 43.r-30.000 <:i.715.000 JJJWfIjO Public Dcnosits 4f1,415.1X)0 31i.455.C00 57,5111,000 Other Dei'oeits 123,153,000 135.639.000 1C6.526.000 Proportion of reserves to „, _„ liabilities 19.58 18.71 51-70 GOVERNMENT SECURITIES. The following are the latest quotations for Consols and Colonial Government >eourities, in comparison with tboso ruling last week:— ,■ c . , ■ This Last . Mo* Week. Week 21% Imporiat Console 54 17 ' c 5510 6 5 „ War I<o»n <y iq 0 «3 15 0 3i,. War Loan 85 0 0 cs g 0 4 ~J!.a.W.I93JJan-Julj u a 6 to 15 0 3i,, N.5.W.1930-SUMr.-Sp 99 .<j 6 88 17 6 31 „ N.S.W. Early Curr. ®17 0 69 17 6 3 „ N.S.W. IMSApI.-oct eg 0 0 09 0 0 4 „ Vic. 1523 Jan.-Juty yl 17 0 Ml"; 0 ■3},, Vic. 1921-6 Jan. July nun H\> ii „ Vic. 19211-1949 69 jfl 0 70 0 U 3 „ Vic.lsZ9-<9 Jan.-Jly lit 7 6 Gl 7 6 3i,,a.A.19150an.-July 7110 (I 71 0 0 3 ~S.A. 1916 oa.n .-July 56 l'> b 56 5 0 4 ~o'l'd 1915-24 Jan.-Jly 6!i 0 0 89 5 0 3i,,Q'rd1922-47J0n.-Jly 68 0 0 66 0 0 3 ~QTd 1922-47 Jaii.-Jl} 61 7 6 ens 0 4 N.Z. "»929 May-Sov. 65 0 0 65 U 0 ii ~N.Z. 1912-40 Jaß.-Jly 71 17 6 7115 0 3 i\.Z, 1920 April-Oct. D 3 is 0 63 15 0 34, W.A. 1915-35 Hy-Nv '2 17 r> 73 10 0 3 ~W.A. 1915-35 My-Kov ® 0 0 6!) 0 0 31 , Tas. 1920 Jan-July 71 5 0 71 5 0 3 ~Tael92(MoJon.Jiilj " 0 0 64 0 0

MONEY JIAKKET. The Bank of England diuscount rale was no January 2, 1914, reduced from 5 to 45 per cent., on ifamiaiy 22 it waa reduced to 4 per cent., and on January 26 3 per cent. On July 30 the rate yf ra sod to 8 nor ccut., and on August 1 it was turtuer advanced to 10 per cent. On Ausußt 5 the rate wae reduced to 6 per cent., on AiiKiiat 7 it waa further reduced to 5 per rent on July 13. 1916. it. was raised to 6 "cM. on'*..™.™ 12, »17, it was re. duced to 5i por cut., and on Aptll 5 it was further reduced to 5 per cent. OPEN MAEKET MTF.fi. Tho open market discount rate for three months' bills is « ocr cent., as compared with 43 pur cent, last week, and 5* per "shorUo/' are quoted at 45 per cent.,ae against <> ■■■ cent, last week, and 5 per cent, last .r. COLONIAL AND OTHER PKODOOE. . Wheat—Moderate quantities arc selling at late rales; no cargoes offerrau. Flour.-Soarco; in strong demand, with pirces unchanged. Bnitw-AnoUior sixth of the trade's ap. Tuitions is to be distributed on Monday, Sugar.-anmulatcrt, «s. 9d.

There's far more money m forming when the farmer gets tho very most out if his land. And the only way to get tlo maximum result* from any soil is to »c "Eclinse" Fertilisers, whether for -rain, potatoes, turnip.-;, Ri-nss, rupc, or ° anv other crop. 'Eclipse" fertilisers have special properties that enhance the productiveness of the soil, and nnpr'ovo the quality of the crop.-Advt.