COMMERCIAL ITEMS

Dominion, Volume 11, Issue 169, 6 April 1918, Page 12

COMMERCIAL ITEMS

INVESTMENT SHAREB. Tcsterday'e quotations for investment shares were as follow:— Buyerß, boilers. £ s. d. £ 6. d. National Bank 5 7 6 — Bank tf.Z. (old) - .« ' ® Bank N.Z (new) 17 9 6 17 13 0 Metropolitan Buildinff... 11 3 0 Well. Trust and Loan ... 5 1?. 6 Well. Gas (£10) 11 10 0 - National insurance o l) o N.Z. Insurance 8 8 0 8.8. Insuraucs 6 16 6 L o Gear Meat (£1) "■ Huddart-Parker ;oid.) ... 117 9 Huddart-Parker (pref.) ..103 — Union Steam (prcf.) 1 1 » Oamaru Woollen 110 0 Westport Goal 1 JJ ® Wnipa Colliery 0)7 0 017 9 Westport-Stookton (pref.) -- <> 'J ° Leyland-O'Brien 17 9 1J 6 Manning and Co 3 1 6 N.Z. Paper Mills 0 19 ' Sharland and 00. (ord.) 18 3 — Customs duties collected at the port, of Wellington yesterday amounted to £2671 Is. ML VICTORIAN' PEODUOE MARKETS. By Telegraph—Press Association—Copyright Melbourne, April 5. The produco markets'are dull after the holidays at about last .week's rates. OVERSEAS PRODUCE. FOR BRITAIN. ! Australian-New fcealaud Cable Association. . London, April 4. j Considerable supplies of American bacon i have arrived,' and also large quantities jof Australian and New Zealand butter, i cheesc, meat, and wool. i The total imports of wool this year ! amount to nearly half a million bales. The tallow in stock amounts to 714 •tons, imports 516 tons, and deliveries 436 | tons • BANK OP ENGLAND RETURN. Australian-New Zealand Cable Association. IRec. April 5, 7.30 p.m.) London, April 4. The Bank of England return issued for the -week ended Wednesday, April 3, is as under:— Issue DipAKTment. Notelssne £79,006,000 Gov. debt... <£11.015,000 Other securities 7.434.000 Gold 60,557,000 i 79.006.000 £79,006,000 . Banking Department. p, rii'tietors' Gov. 6ecuricapital ...£14,553,000 ties ... £50.308.000 Pnhlir lie- OthersecunSosHs ... 36.265.000 ties 113.457.000 °posits 6 ...150,273.000 Notes 31.C05.000 Rest, 7-day and other Ilw , bills - 2.690.000 Coin 1.000 £•203,804,000 £203,804.000 The leading items of the Bank of England return afford the following comparijjjjg week Last week Last year ££ . £ Rullion ... tOJOT.OOO 56.697.000 62.640.000 " ... 31,009,0(X) 31,244.000 34.240.000 Note Circulation IK'OOO Other o Deposits' 1 .S SK Proportion of reserves to ' liabilities 17.09 GOVERNMENT SECUEITIES. The following are the latest quotations for Consols and Colonial Government becurities in comparison with those luling last weetf:—. _ , This Last Stock "Week Week 25% Imperial Consols; .* **«} * 8 ;, d ' !, "w ar > n 8410 0 9317 fi 3i ..Waruoan rk ■? f? rk q « 4 M J1.5.W.1333 Jaii-Juljr U 0 S3 1 fi 3i „ N.5.W.193C-50 Mr.-Sp go 17 b 99 12 b 2 ~ N.S.W. 19ii> Ap .-Oct 0 0 70 0 0 4 t'?- S>7 0 0 86 15 0 3J „ Vic. IMI-6 Jan.-Julj gj g g 86 a 6 31.. Vic. WM-15t9 65 10 .0 60 10 0 3 „ Vic. 1929-49 Jan.-Jly 62 0 t! 62 2 6 3iS.A. WIS Jan.-July Bj ( 72 10 0 3 „ b.A. 1916 J<ui.-July 55 17 6 67 0 0 4 „ Q'l'd 1915-24 Jan.-Jly 91 2 6 91 2 6 3J „ QTdl922-47 Jau.-Jly 59 0 0 89 1 B 3 Q'l'd 1924-47 Jan.-Jlj 63 2 6 62 7 6 4 „ N.Z. 1929 Uaj'-Nov. 65 0 0 66 12 6 3i „ N.Z. 1912-40 Jan.-Jly 7212 6 72 15 0 3 „ N.Z. 1920 April-Oct. 62 10 0 62 0 0 3i,. W.A. 151S-35 lly-Nv 75 0 (r. 76 10 0 3 „ W.A. 1915-35 Jly-Ho* 68 0 0 66 7 6 31 „ Tas. 1920 Jan-July 1117 61 72 0 0 3 „ Tas 1920-40 Jan.-Julj 65 0 Oj 65 0 € MONET MARKET. The Bank of Engiand discount rate was on January 2, 1914, reduced front 5 to 4J per ccnt., on January 22 ii was reduceu to 4 per cent., and on January 23 to 3 per cent. On July 30 the rate rras raised to 4 per cent., on July ,31 it was raised to 8 per cent., and on August 1 it was further advanced to 10 per cent. On August £ tho rate was reduced to 6 per cent., on Auuust 7 it was further 'reduccd to 5 per cent., on July 13, 1916, It was raised to 6 • per cent., on January .12, 1917, It. was reduced to 51 per cent., and on April 5 It was further reduced to 5 per cent. OPEN MARKET BATES. I The open market discount rate for three months' bills is 3J per cent., as I with 3 9-16 per cent, last week, and % per I cent, last year. Short loans are quoted at 3k per cent. I aB against 3H per cent last week, and 48 per cent, last year. COLONIAL AND OTHER PRODUCE. Butter.—Plentiful, forno retailers receiving more than is necessary to supply their customers with the rationed allowance. Wheat—Wheat from the millerß is quickly absorbed. Flour—Steady; stood demand. Few lots from overseas are offering. Beanß, Peas, and Oats-Firm at all full rates. Sugar.—'Unchanged. | THE METAL MARKET. Tin.—The price has been fixed at £316' ' per ton. ' Copper— £110 ss. .per ton; electrolytic, • £125 per ton. •Lead.—On spot A'2o 10s per ton; three months, £28 10s. Spelter, £54 per ton. Bar Silver. —45; d. pe.' 1 01. standard. AUSTRALIAN PRODUCE MARKET. (Rec. April 4, 11.5 p.m.i By Telegraph—Press Association-Copyright SYDNEY, April 5. Oats, Algerian feeding, 3s. 9d. per bushel; milling, 45.; Tasmaninn, 4s. 7d. . to 4s. 9d. Maize, 4s. lOd. Potatoes, Tas--1 nanian, £5 to £6 10s. per ton. Onions. 1 £9 10s. per too. ADELAIDE. April 5. ' Oats. 3s. sd. per bushel.