COMMERCIAL ITEMS

Dominion, Volume 11, Issue 181, 20 April 1918, Page 10

COMMERCIAL ITEMS

I ■ ' INVESTMENT SHARES, ■ j Yesterday's Quotations for investment shares were as follow:— Buyer'. Sellers. : ' £ b. d £ 8. d. National Bank 5 19 5 7 9 ; 'Bank KZ. Coluj - 12 7 6 I liank N.Z. (new) 17 10 0 Metropolitan Building ... 11 4 0 — Loan and Merc, (ord.) ... 84 0 0 - National Insurance 3 0 0 — : Huddart-PaTkcr (pref.) ... 1 0 3 - K.Z. Shipping (pref) ... 10 10 0 - ! Union Steam (pref.) 114 — : Well. Woollen 61<1 0 79 0 i Oamaru Woollen. 1 10 0 — : - Westport Coal 110 6 - •■ Wertport-Stockton - '077 ! Waipa Colliery — 017 9 ' Uyland-O'Bricn " 17 9 i jraringamutu.'Tota.r.i , — 10 0 Golden Bay Cement 0 17 9 — : N.Z. Portland Cement ... 0 9 9 - N.Z. Paper Mills 0 19 6 10 6 ! Sharland (ord.) 18 6 - Wilson's Cement 18 9 — Custom duties collected at the port of ■ Wellington yesterday amounted to £4068 ; 7e. sd. ; ' BBITISTI IMPORTS AND EXPOHTS. 'Australian-New Zealand Cable Association. ; (Kcc. April 19, 7.45 p.m.) I London, Anril 18. Imiports laet month increased £26.089590, exports decreneed £8,103,816. and re-exporta : £4,377,580.-Aue.-N.Z. Gallic Assn. AMBEICAN WHEAT SUPPLIES. ! Washington, April 17. i Qhicago reporte that the vieihlo wheat supplies east of. the Hocky Mountains ! amount to 7,269,000 bunhok j -ijiVICTORUN IROCUCB MARKET. priTeleßraph—Press Association-Copyright '■■"'J Molbourns, April 19. Barley, Ohevulier, maiting, ss. 9d. to 6e. jiof bushel; Cape 4s. to <s. 2d. Oate, millIng, Algerian, 3s 10a. to 4s. id.; feed, 3s. Bd.- to is. 9d. Potatocß, & to £3 55.. per ton. Onions, £9 ss, to £5 10a, per ton,

[ BANK OF ENGLAND RETUHN. Australian-New Zealand Cable Association. (Reo. April 19 7.45 p.m.) London, April IS. The Bank of England return issued for the week ended Wednesday, April 17. is as under :— I6SDE DEPAniSIKNT. Notelsnuo mnnm Gov. debt... £11,016,000 Other fiocuri- . ties 7,«4,000 Gold C0.313.00U i78.7fr2.000 178,762,000 IiAKKhSG DmnTMENT. Proprietors' Gov. Becuricapital ...£11,553,000 ties ... £53,313.000 Public do- Other securilioeits ... 39,95-2,000 ties 105,951,000 Otherdojioeits ... 135,232,000 Notes 30,877,000 Best. 7-rtny and other bills ... 3.059.000 Coin 685.000 £195,826,000 i103.82f1.C00 The leading items of the Bank of England return afford the following comparison :— l'hisweok Last week Last year £ £ £ Bullion 60.313.000 50.694.000 52,079.000 Hesorvo ... 31.562.0U0 31.U05.000 35,403,000 Note Circulation 47.H8.000 47.851.000 38.118.000 Public Deposits 30 U52-.OUO 40,078,000 51.768.0U0 Other Deposits 138.23-2.000 1J2.19J.000 124,530,000 Proportion of rcßoivefl to liabilities 17.71 18.00 19.74 ft GOVERNMENT SECURITIES. The following are the latest quotations lor Consols and Colonial Government Securitiea in compariaon with those ruling last week:— „, This i last stook . ' Week Week Ji,. War Loan j! n S 4 „ K.5.W.1903 Jan-Juli Sn n i 3i,, iN.5.\V.1930-50 Mr.-$P im o 0 10U 0 0 jj,.2i.S.W. Early Ourr. 1 'S 3 M1 N.5.W.1925Ap1.-Oct SS 0 0 70 u 0 4 ..Vic.l92UJan.-July 72 9 ° $ ° ° ii,. Vic. 1921-6 Jan-July g " „ «" Vic.1929-49 Jan.-Jly 6i 2 B m „ 0 3i,,6.A.ui6Jan.-July 7-2 0 0 7" 0 0 } "v-M, l^o, a T 11 -' Ju , i , y »B b 56 12 6 ■4 „a id 1910-24 Jan.-Jly m n I) 01 7 e 31,,CiTdl9ii2.47J<in,Jly tBl7 fi 80 0 0 3 „ QTd 1922-47 Jan.-Jlj fri 7 6 62 2 6 4 ~i\.2.1929iUy-hov. Wls 0 84 15 0 35 ~N.Z.W12-« Jan.-Jly 12 15 U 72 12 6 . i „ N.Z. 192U Api'il-Oct. 62 0 0 62 6 0 31,, W.A. 1915-35 My-Nf 74 15 U 75 0 0 3 „ IV.A. 1915-35 My-JS T ov 68 3, b 68 - 0 0 31 „ Tas. 1920 Jan-July 7115 0 7115 0 3 ~Xas 1920-40 JttU.-Julj 65 0 0 65 0 0 MOxN'EY MARKET. Tho Bank of Eugland discount rate was on January 2, 1911, reduced from 6 to 4j per cent., on January 22 11 was to 4 per cent., and on January 23 to 3 per cent. On July 30 the rate wae raised to 4 por cent., on July 31 it was raised to 8 per cent., and on August 1 it was further advauced to 10 per cent. On August 6 the rate was reduced to 6 per cent., on Auguet 7 it was further reduced to 5 per cent., on July. 13, 1916, it was raised to 6 per cent., on January 12, 1917, it was reduced to 5i per cent., and on April 5 it was further reduced to 5 per cent. OPEN MARKET HATES. The open market discount rate for threo months' bills is 3j per cent., as compared with 3J per cent Inst week, and 4J per ci'iii. last year.

Short loaiis are quoted at 3j per cent., as against 3J per csrJ/. last week, and 4J per cent, last year.

COLONIAL AND OTHEK PRODUCE. . Butter—Arriving fteely. Cheese.—Scarce, but good arrivals of Now Zealand -will allow ol a further distribution shortly.

Wheat.—(iuiet; a few .parcels are selling at 795. 6d.

Plour -Quiet; a limited quantity of overseas has sold at late rates. Oats.—Unchanged. • Peae and Beans.—Firm; no colonial offer, ing. Sugar.—Unchanged.