COMMERCIAL ITEMS

Dominion, Volume 11, Issue 236, 24 June 1918, Page 8

COMMERCIAL ITEMS

! ' INVESTMENT SHABEB. ; Saturday's quotations for investment shares were as follow:- ""<.»imeat I ' ' Buyers. Eellora. ; National Bank 5 s°' i A ' ! Bank N.Z. (new) 17 3 6 — ; Equitable Building 9 0 0 _ ■ I . Chch. Gas 5 15 n ;■ Well.' Gas (£10) ..'.. !' 12 7 „ ! Well. flae. (pref.) 018 0 _ " 1 α-i. Refrigerating ;' 19 0 _ :. Union Steam (pref.) ,;. . 1 0 9 _ : Kaianoi Woollen (ord.) ..700 — : Kaiapoi Woollen (prof.) ~ i — 1; in r> ! Well. WooUen (ord.) .... 7 2 6 , Weetport Coal .....:. 193 \1 * : .Waipa Colliery _. . ! 7 ° ? '; ..Kauri Timber (335.) 1,8 0 _ ! Colonial Sugar : •■ _ «, )( . ! (iolden Bay Oemcut .. 017 Q Manning and Co 3 10 _ ; • N.Z. Paper Mills 1 1 « ; ' Ward and Co ;.. 412 \ I 1 ' Customs duties collected at the nort nf : Wellington on-Saturday amounted to £20M I . . LONDON MABKETS. ; ' Australian-New Zealand Cablo Aeeoclatlon ■ - (Kec. June as, 11-p.m.) ] ■. 'a L ° nd ° n ' Juno a ' • . Hemp-Good demand; :Uoe offering. ' '.- REDUCTION-IN BTJTTER. PRICKS. '; Austrolian-New Zealand Cable Association. (Eeo. June 23, 11 p.m.) j The food controller a tt , ■ BANK OF ENGLAND BETUBN. : Anitrallan-N<nr Zealand Cable Association. 1 London, June. 20. . The Bank of return issued for the week ended Wednesday, June 19, i« aB '■ under: — ■ ■ , — I ' IBEOE DEPARTMENT. ; Koto Issue 182,0 M,OOO Gov..debt... £11015 000 f ' ) Other secnrl- ' .' ; , . . ' '. ' ' "ea -.... 7.434.000 1 . G °W 63,615,000 1 '' ' 163,064,000 .. , I \ . Baskiko Depaetmkn't. '. ' . Proprietors' ' Gov.securi- ; capital ...£14,553,000 ties- ... f63.750.000 1 ; Public de- Other aecuri- ■ ! " alt ! - 36.1H,000 • -ties C5.050.C00 i - Other de- ■ ! poeite ...125,187,000 Kotos 29,680000 i . Best, 7-day . . 1 and other ' ■ ; bills ... Coin ; • 592.000 ■; ■ f175.072.00a ' £179,071000 The leading items of the Bank of Ene--1 lend return afford the following compariI son:— I This week Last week Last year *£ 1 £ i .. Bullion 63,616.000 03,255.000 54,183,000 > Eeserve ... 3O.'J72JXX) 30,303.00u 36,'2.10,00a I ' Note Circulation 6-2,384.000 52.035.000 38,640,000 '• Public Deposits 36.1 M,OOO ' <3,090.000 SO H3 000 ' . Other Deposits 123.167,000 120.5115,000 110,457.000 j . Proportion of reserves to . liabilities IB.SO 17.87 21.40 ' GOVERNMENT SECUEITIES. . . ! The following are the latest quotations ' lor Consols and Colonial Government Bceurlties in comparison, with those lullne ! last, week:—

: . MONET MAEKET. ; The Bank of England discount rate was , on January 2, 1914. reduced from 6 la 4J per cost., on January U it was reduces to : 4: per cent., and on Jannary 23 to 3 per ' cent. On July 30 tho rate wan raisod lo ; 1 per cent., on July 31 it wae raised-to ! ■ 8 per cent., and en August 1 it. wae further advanced -to 10 per cent. On Aucunt .6 the rato Tras reducud to 6 per cent., on . Atltfnit-7 It iras further reduced to 5 per I cent., on July 13, 1916, it was raised to S ! per.cent,, on January 12. 1317, il ivai r«- ■ ■ dnc»d to 65 per cent., and on April 5 it '■ was further leduooil to S per cent. ! OPEN MAEKET RATES. j " The open market discount rate for three ; months' bills is 3J per cent., at compare'!

with 3J per cent, last week and 4J per )«nt.. last year. ■ Short loans are quoted at 3J per cent., as against 3J per cent, last week and 4J per cent, last year. COLONIAL AND OTHEK PRODTJOR. Butter.-Stocks arc steadily accumulating. Cheese— Supplies are increasing. . Onehalf of the trade's applications for Juno is being distributed. Wheat and Horn , .—Quiet, with little offerine in any position. Oats.—Nothing doiu?. . Peas and Beans.—Firm and quiet. Suear.—Unchanged.

stock 5; his . .j* 9 ' . Week Week 2J% Imperial Consols £% A i ?T~I. 6 „ War Loan $.? J £ e ° « 3| ( . War Una *>}l J S 15 ° 3i „ S.8.WJS3C-60 Mr.-Bp d}J £ »3 » '' I ,.N.8.AV.E«ily0urr. ] ™ « ° ™ « t ( ,,Vio.l920Jan.-July % " " § " 35,,Tic. 1921-6Jaa.-July « A „ S2 3J..V10.1920-1945 S 2 H ™ * « 1 ..Vlo.1929-49Jan.-Jly $ ,J g '^ J » . 4 „ QTd 191S-24 Jan.-Jly <py, ,; ™ ? 2 3 „ QTd 1922-47 Jftn.-Jlj 62 10 o in: n 4 ,,N.Z.1929May-Nov. £750 w 17 6 3i,,N.Z. 1912-40 Jan.-Jly 73 0 0 ra" S 3 ,,.N.Z.1920April-Oot. f, 2 5 0 „ 31 ,,WX My-Nv 70 2 6 .75 a g 3 ,,W.A.191W5My-NoT 1! 0C1j V t ' i\ „ Tas. 1920 Jan-July !! s 0 12 5 0 1 ,.Taa 1920-40 Jan.-Julj C5 0 0 ES 0 0