COMMERCIAL ITEMS

Dominion, Volume 11, Issue 164, 1 April 1918, Page 8

COMMERCIAL ITEMS

CuFtoms duties collected at the port of Weliington on Saturday amounted to £171 fes. Id. . VICTORIAN \PKODUCE MARKETS. By Telegraph—Proas Association— Copyright Melbourne March 30. ' Barley, Cape, 3s. Bd. to ss. 91<3. per bushel. Outs, milliner, 3s. 10d. to 3s. Hα. per bushel; fceding, 3s. Bd. to 3s. 9d. Maize, 6s. Id. per bushel. Potatoes, £3 to £3 10s. per ton. Onions, £7 to £7 10s. per. ton. : LONDON SHAKE QUOTATIONS.-Auatralian-Kew Zealand Cable Association. London, March 29. Tnlisman, 13s. U'. buyers, 16s. 3d. sellers; Waihi, 365. 3d. buyers, , 375.' 3d. sellers. BANK OP ENqLAND RETURN. ' London, March 29. The Bank of England return iasned for the week ended Wednesday, March 27, ie aa under:ISBDE DEPAETMENT. Kote Issue' £78,146,000 Qov. debt... £11,015,000 Other securities 7,434,000 Gold ... ... 59,607.000 i78.U6.000 ' £78,146,000 Banbkq Department. Proprietors' Gov.securicapital '...£11,653.000 ties ... £55,951.000 Public de- \ Other seciiriposits ...43,843.000 ties .112.356,000 Other deposits ...137.540,000 Notes 30,329.000 Rest. 7-day '' nnfl other . '.-bills ... 3.606.000 Coin ...x ... 915.000 ■ £199,051,000 £198,551.000 | The leading items of the Bank of England return afford tho following comparison:—' This week East week Last year- '"■.■■ £ S £ Bullion ... ... 66,697.000 59.716.000 52,032,000 Eeserve' ' .:. 31,244.000 31.696.000 34,170,000 Note Circulation 47,817.000 47.369.000 38.289.000 Publie Deposits 43.843,000 35,373,000 49,045.000 Otlw'Deposits 137.540,000 131.380,000 129,647.000 Proportion of reserves to liabilities 17.22 18.67 19.02 '. GPYEENMENT /SECURITIES. The following are tho latest quotations !or Console and Colonial Government Securities .in comparison with thoso ruling last week:— ■

MONEV MARKET.. The Bank of England discount rale wu3 on January 2, 1914, reduced from 5 to 4J per cent., on January 22 it was reduces to 4 per cent., and on January 23 to o per cent. Oα July 30 the rate was raised to 4 per cent., on July 31 it ivas raised to 8 per cent., and on Augu6t 1 it wae further advanced to 10 per cent. On August i the rate was Teduced to 6 per cent., on August 7 it was further reduced to 5 per cont., 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 .6 per cent. OPEN MAEKET RATES. The open market discount rato for llii'co months' bills is 3" 9-16 per cent., us compared with 3 9-16 per cent, last week, and 4 9-16 per cent, last year. Short loann aro quoted at 3% tier cent., as against 3J per cent, last week, and <tj per cent, last year. COiiONIAIi AND OTHER J'RODUCE. Butter.—There are Rood arrivals, and stocks are steadily accumulating. The Controller will distribute next week onequarter oF the quantities applied for by the trade for the month of April. Cheese.—The above remark? with respect to butter'apply also to cheese. Wheat and Flour—The wheat market has practically nothing to offer, on account of the holidays. Home-milled flour is in plentiful supply, but business is very flow. Some sniall trade is doing in colonial flour at late rates. Oats.-The market is quiet. , Beans and Peas.—There is a strong demand owing to limited supplies of both. Thero are no Vasmanian or New Zealand peas offering. Sugar.—The position is unchanged. Before 'flio "annual cold" grips .you get NAZOL. Take it on sugar, or by inhalation—either way it's a eplendid safeguard, Is. 6d.' buys 60 doses.—Advt.

„■. „. This Last ■Stock Week Week 21% Imperial Consols § ( \% £ M \% _ 6 , » War Loan & , 17 „ S5 ]3 (i 31,. War Loan Eli q K Kfi r> o 4 ,N.S.W.1933Jan-July §§ 2 S $ n o 31 „ U.S.WJ9JO-5O Mr.-Sp qg jj S L 3i „ N.S.W. Early Curr. $ jj § 6 J 4 „ Tc. 1920 Jan.-July g6 K 0 n B ]7 & .3i. Tic. 1921-6Jan.July §\ I Sβ a 6 31,, Vic. 1920.1949 69 10 6 69 2 B 3 „ Vic. 1929-49 Jan.-Jly 62 3 6 62 5 0 31,,S.A.1916Jan.-July 7210 0 72 10 0 3 „ S.A. 1916 Jau.-July 57 0 0 57 0 0 4 ,,QTd 1915-24 Jan.-Jly 91 2 6 01 0 0 3J „' QT41922-47 Jan.-Jly 89 2 6 EH 0 0 i „ (JTd 1922-47 Jan.-Jlj 63 7 h 62 2 l> 4 „ N.Z. 1929 llay-Nov. 66 12 6 86 17 6 3J,,N.Z. 1912-40 Jan.-Jly 72 15 0 73 0 0 3 „ N.Z. 1920 April-Oct. 6-2 0 0 62 5 0 3J,. WX1515-35 My-Nv 76 10 0 76 0 0 3 „ W.A. 1915-35 My-NoT 69 7 6 60 0 0 31 „ Tas. 1920 Jan-July 72 0 0 71 0 0 J ..Tae 1920-40 Jan.-Julj 65 0 0 65 0 0