COMMERCIAL ITEMS

Dominion, Volume 11, Issue 193, 4 May 1918, Page 10

COMMERCIAL ITEMS

INVESTMENT SHARES, yesterday's quotations for investment shares were as follow:— Buyors. Sellers. £ s. d. £ s. d Bank of N.Z. ,'ncw) - 1710 0 Union Bank — 6510 0 National Mortgage - 3 19 € -r N.Z. Insurance '. 6 13 0 — N.Z. Kcfrigerating — 119 0 Auckland Trams (0rd.)... 10 3 — Huddart-Parker (ord.) ... 118 3 — Iluddart-Parker (pref.) ... 1 0 6 — Union Steam — 1 , S Kaiapoi Woollen iord.) ... — 7 3 0 Taupiri Coal — 0 J-J ° Westport Uual — J JJ *JJ Waipa Colliery — 017 5 Leyland-O'ih'iou 17 0 — Taringamutu Totara 0 19 0 — Golden Bay Cement ..— 017 5 — N.Z. Drug 211 9 212 0 N.Z. Paper Mills 0 19 9 — Sharland and Co. (ord.) .18 6 — ffard and Co — ' " 1 0 Wilßon'B dement 19 0 Customs duties collected at the port of Wellington yesterday amounted to £1606 2s. lOd. , AMERICAN WHEAT SUPPLY. Australian-New Zealand Cable Association. (Eeo. May 3, 5.5 p.m.) Chicago, May 2. The visible wheat Bupply is 6,323,000 busliols. VICTORIAN PRODUCE MARKET. By Tolegraph—Press Association— Oopyright Melbourno, May 3. Produce quotations are as follow:—Barley, "Chevalier, waiting. ss. Bd. to 6s .per bushol; Cape, 4s. to 4s. 2d. Onts, Algerian, milling 3s. lid. to 45.: l'eed, 3s. Bd. to 3s. lOd. Potatoes, £3 to £3 10s. per ton. Onions, £11.--Press Assn. BANK OF ENGLAND RETUBN. Australian-New Zealand Cable Association. (K«c. May 3, 9.40. p.m.) - London, May 2 The Bank of England return issued for the week ended Wednesday, May 1, is as under:— Issue Department. i Nolßlssuo £79,002,000 Gov. debt... i 11,015,000 Other securities 7.434,000 Gold 60,618.0% X 79.092.000 *79,092,000 Bankiko Department. Proprietors' Gov.seouricapital ...jE14.553.000 ties ... £66,459.000 Public do- Other securlposits ... 34,373,000 tics 102,662,000 Other deposits ...137.553,000 Notes 29,653,000 Best, 7-day | and othor I • bill! , - 3.214.000 Coin 719.C00 j £189,693,000 f189.693.18X" j' The leading items of the Bank of Eng-i land return afford the following comparison:— | lsweek as year i Bullion 60.643.000 60.2P4.000 52.696.000 | Beservo ... 30.372.000 31.047.000 34.676.UXi Note Circulation 49.430,000 45.403.000 58.65U.000 Public Deposits 31.373,000 31.831.1HX1 47.226,000 Other Deposits 137.553,000 140,154.000 128.659.0C0 Proportion of reserves to liabilities 17.65 17.74 19.69 GOVERNMENT SECURITIES. The following are the latest quotations for Consols and Colonial Government Securities in comparison with those luling last week:— ' "

•Ex Dividend. MONEJf MAEKET. Tlio Bank of England discount rate was on Tanuary 2, 1914, reduced from 5 to 41 per cent., on January ii was reduceu to 4 per cent., and on lauuary 23 to 3 per cent. On July 30 the rale was raised to 4 per cent., on July 31 it was raised to B per cent., and rn Auuußt 1 it waa further advanced to 10 per ccnt. On August 6 the rate was reduced to 6 per cent., on AuEUBt V 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 r°duced to 55, per cent., and on April 5 it was further roduccd to 5 per cent. OPEN MAEKET HATES. The open market discount rato for three months' billß iB 3J per cent., as compared with 35 per cent, latt week and 43 per cent, last year. Short loans are (juoted at 3 1-16 per cent., as against. 3J per cent, last week ami 43 per cent, last year. COLONIAL AND OTHER PRODUCE. Butter—Supplies are steadily increasing. Present distributions far eiceod the quantity retailers are allowed to Bell on the ration of four ounces lvekly. Large ouantitica are being returned to the Food'Oantroller. There 1b a general impression that tlie distribution system will shortly be revised. Wheat.—Nothing doing. Flour.—Unchanged. THE METAL MARKETS. Bar Silver.—49Jd. per oz. standard. Other metals aro unchanged.

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