COMMERCIAL ITEMS

Dominion, Volume 11, Issue 224, 10 June 1918, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. Saturday's quotations for investment shares were as foiluw — liuyors. Sellers. „ . , , £s. <i i. *. (I. National Bank S 4 0 Bank S.Z. (old) 12 4 0 12 7 6 Equitable Building 9 2 6 — Well. Investment -- 0 11 0 Well.- Trust and Loan ... 5 13 0 — Chch. Gas (£5) -. 5 16 6 Rokitika Gas 4 7 6 Well, (las (prcf.) (I 18 6 National Insurance 2 18 9 — Auckland Trams (ord.) — 1119 9 Auckland Trams (prcf.) .. — 016 9 Kuddart-Parker (ord.) ... — 119 9 Kaiupoi Woollen (ord.) ... — 72 6 Well. Woollen lord.) 7 0 0 Oatnaru Woollen 110 0 Westport Coal — 1 10 0 Waina Colliery — (i 1/ t> Kauri Timber (335.) 18 0 — lieyland-O'Brit'ii -- 18 0 Tiu-ingamnlu Totara. ... -- 110 ColoniaJ Sugar — 21 12 6 (.'olden Bay Cement 0 17 9 — X.Z. Drill 213 0 — X./.. Taper Mills 10 9 — diatoms duties collected at tke port, ot Wellington on Saturday amounted to £1350 3s. 6d BANK OF ENGLAND KETORN. Auelralian-'Ncw Zealand Cable Association. fltce. June 8, 5.5 p.m.) Londoni June 6. Tile Bonk of return issued for the week ended Wednesday, June 5, is as under:— Isscf. Bp.pahijikxt. Note Issue j5ei.659.C00 Gov. debt... i' 11,013.000 Otlier securities 7.1,11,000 Uold liJ.-210.001l JL-81.6J9.tK10 i' 81,659,000 JiAKKIKG DEPARIunNr. - riopi-ie.lors' Gov. securicapitol ...XH,053,000 lies ... £5(5,224.000 i I'nhlicde- Other securlliosits ... 36.661.000 ties 101.555.000 Othenleposits ... 131,005,000 Soles 20.501.000 Itest, 7-day >nd other bills ... 3.920.000 Coin 555.000 i'IBS,3SI.LXXI £16.3,331.000 The leading; Items of the Bank of Ensland return afford the comparison :- This week last week Last vear i! £ il Bullion «3.'2t0.000 f,-:,ft76.000 52.151.000 Hcservo ... 30,389,000 M.5.50.000 31.57i!.00U Note Circulation 51.855.M1) 51,051.000 35.fi96.01i0 Public DeiiOßits afi.66l.oiK) 11.056,000 47.9H8.000 Other Deposits 131.005.000 13i'270.000 l-20.79,5,0C0 Proportion of reserves to liabilities 17.82 17.50 90.00 .. GOYEBNJfEiVT SECURITIES. The. followine are the latest quotations for Consols and Colonial Government Securities in comparison with those rulinc laßt week:— ni„,.i. This Last ° 101 " Week Week 2j?„ imperial Consols f'• *• f/■ «• 5 „ War Loan $ ° ° ** \ * 4 ;.'j|.S.W.U3J.l.in.Julj( " J j "'"ls n 3j„.N,S.W.EarlyCnrr. ™" « ™" » 3 „N.5.W.1925Ap1.-Oct !l ? ft l°°. " 4 ..Yic.1521) J an. Jul j * » ? » 31 „ Vie. 1921-6 Jau.-July ?i ,! ° ™°° 3...Vic. 19211-1949 ? ° g la . 3 „ Vie. 1929-49 Jon.-.Tly j" 5 '! j'l 31 „S.A. 1916Jau.-July ™ou ?' i: 3 „ S.A. 1916 Jan.-July 4 II) () 4 » 4 ..tl'l'd 1915-24 Jau.-Jly qi-,.-. n ™Z ~ '. "^l a i',?; 4 . 7Jtt J' -Jlj M ii « ki o o J, •■ »v!'»! J ! l , ay " lNo ;'- b; »«w« fi o „ .N-/,. 1920 April-Oct. e> u (I 62 5 0 3i„W.A.1515-35.Uy- i \Y- 75 10 0 75 10 0 J „ W.A. 1913-35 My-i\ T ov 72 (I n H t ti 35„Ta5.1920 Jan-July i 71 a c 73-11 0 i ..TaaHEO-'IOJan.-Juljl 65 u o 0512 6

MONEY JfAIiKET. The Hank of lingland discount rate was on Tnuuarv 2, 1914, r«duccd' from 5 lo 4j per cent., on January U it ni reduces to < per cent.., and ou January 2J to 3 per cent. On July 30 the rale wan rained to < per cent., on July Jl it waß raised'to 8 per cent., and rn August 1 it. waß further advanced to 10 per cent. On Aurust 6 the rate was ieduced to 6 per cent., on AuKUst 7 it wan further reduced to 5 per cent., on July 13, 1916, it, was raised to i per cent-, on January 12. 1917. it wsu reduced to 5} per cent., and on April i it was further reduced to 5 per cent. OPEN MARKET KATES. Tho open market- discount rato for thre» months' bills is 3{ per cent-., as compared with 3i pev cent. l«6t week and 4} per jeiit. last year. Short loans arc quoted at 3J per cent., as against 31 per cent, last week and 4{ per dent, last year. COLONIAL AXD OTHER I'ItODUOG. Butter.—Pleutiful; lar£e quantities being stored. OheeHe.--The latest distribution of cheese consists largely of recently arrived Au«tralian. The quality generally is satisfactory. Wheat.-Quict. (There, have been further sales of Australian. On passage, parcels are quoted at 795. fid. There is little offcrins.' on "spot. Flour-Steady. Oats and Peas—Finn. Beans—A shade easier. Sugar.—Unchanged.