COMMERCIAL ITEMS

Dominion, Volume 11, Issue 242, 1 July 1918, Page 10

COMMERCIAL ITEMS

INVESTMENT SHAKES. '.' n. sale of Bank of Now Zealand shares (£6 13s. 4d. paid) at £17 10a. was reported ... on Saturday. The quotations! were «x follow:—

Customs duties collectod at tho port of >»«l»nBton ou Saturday amounted to . ';' &ItUU 12S. ':' Ain>ondedWarehouses''in/Wellington will : be-dosed to-day for the annual stocktaking by tho Customs.- [ . LONDON SHARE MARKET. Australian-New Zealand Cable Association. : • . " ' (Rco. June .29, 5.5 p.m.) ~ ... . „ London, Ju ue 28. r ~W a, 1 ,; 1 enares-Bnyers, 365. 3d.; sellers ore. 3d. • • BANK OF ENGLAND KETURN. Australian-How Zealand Cable Association. ' London, Juno 28 : The Bank of England return issued for : the week ended Wednesday, June 26 is ae under:— ; . . lEBOE DkPABTJIKXT. I Vote Issue £83,059,000 Clov. debt... m 015 noo Other securi- ' ' UUOOO . Gold 64.610,000 ; .. .;.. i-83.059.c00 . mmm . .";; BiNKINO DErABTUKXT. i Ptoprietors' Gov. seouri- !' ■■■■ £ "' 553 ' 000 m,"' es ■-f51.653.000 fUDlicae- . Othersecuii- "■■ posits ...35,770,000 ties... 1,. 100,600.000 Otherafli posits ... 128,649,000 Kotes 20,385000 Beet, 7-day ' arid other ■ i WHS - 3.275.000 Coin 610.000 .. . £162,«6,000 -fieMM!oOO The leading items of the Bank of Eng. landjreturn afford tlie following compaxiThis week Last week Laßt year £ £ £ . Bullion Gi.610.000 C 3.615.000 65.993.000 Reserve ... 30.004.00U 30.272.000 36,685 tioii Kote Circulation 53.674X00 52,381,000 30,400000 Public Deposits 35.7711.000 36.122.000 39,163 OuO Other Depoeita 128.849.000125.187.000 125,127 000 Proportion ol ■ ■ rcßorvesto liabilities ' 18.22 . 19.50 ' 23.32 GOVERNMENT SECURITIES. ; Th'o followinif'are the latest quotations , lor Conepls and Colonial Government Se--1 curities in comparison with those ruling ; last week:— I—— , f

I MONEY MARKET. . ' j Tho Bank of England discount rate on 1 January 12, 19J7, wns 5J per cent. On 1 April 5 it was reduced to 5 per cent., at . which figure it has eiiicu stood. 1 • OPEN MARKET KATES. Tho open market discount rato for three •' months' bills ie 35 per cent., as compared I with 3J per cent, last week and 4j per 1 cent, last year. J Short loans are quoted at 31 per. cent.,

as against 3} per cent, last week nml 4J per cent, last year. COLONIAL AND OTHER PEODUCE. Wheal.— ln better demand. Flour.—Little inquiry. Oats.-Quict. , I'oaa.—Firm. Eeßiis.—Easier. Sugar-Unchanged.

10 I ■ NEWS i i : ■. !. •' '■ ■ " ■ ■ I',/'- , AUCTION SALES \\ ' FORTHCOMING FIXTTTBES.. TO-DAT. j Stortford Lodge Yards, 10.30 a.m.-Sale < I Shorthorn oatflo hord (Dalgety an ( - Co., and WiUlama and Kettlo). j. JohiuonviUe Tarda, 1 p.m.—Slock sal ! (Abraham and Williams) I ' TO-MOREOW. ! Levin Yards, 12.15 sale IN.I ' Loan Co., Abraham and WiUiame, Da goty and Co.), ' ■ . I 154 Feathcrston Street, Wellington, 2.J j p.m.—Sale of city and suburban propel ' lies (Bothiino and Co.). 195 Lambton Quay, Wellington, 2.30 p.m.- ' Sale of suburban residence (Harcour .' . ajul Co,). •:. WEDNESDAY. ; Otaki Yards, 1 p.m.—Stock salo (Abrahan i and Williams, Dalgety and Co.). ;- 195 Iiarnbtoa Quay, Wellington, 1.30 p.m.- | . Salo of oTl paintings, water colours . '. etc. (Harcourt and Co.). j Railway Stores, Lower Hv.tt, 2 p.m.—Sail ■ of motor vans, carts, horses, etc. (Laerj j and Co.). ; LIVE STOCK SALES . : ■ . ■ atessrs. Wright, Stephenson and Co., Ltd., ;• report, having ottered a large entry of ; fitwep and a small yarding or cuttle at ' tlieir jlartiuborough sale on Thursday, i There was a largo attendance, and a total : clearance was made at most satisfactory i prices. Quotations: Llffht iai wethors and ewes, 28s. Id. to 30s.; 2-tooth wethers, 30e.; empty forward ewes, 'to 25s. 8d.; empty >■ Store ewes, 20s. to 2is. 6d.; \V>F. lambe, to £2e. 6d.i medium lambs, 17s. 3d to 18s. Id.; ewes iu lamb to Lincoln and Iiomney ,. , rams. 23s. to 26a. 6d; Cattle: iimpty Move i cows, £5 10s. to £6 5s.; springing Ifeifers ' to £9 2s. 6d. , The New Zealand Loan and Mercantile Agenoy Co., Ltd., report:—At our To Horo sale on Wednesday, we submitted a large yarding of both sheep and cattle to a : fair attendance. Bidding was brisk (especi- ■)■■ . ally for spring calviuc cowd and .heifers), ■ and tvo oleared practically everything at satisfactory prices. We quote: Fat and forward lambs, 22s. 10d.; inodium, 14s.; aged ewes, in lamb, :16s.; fat and forward ; wethers, 31s. 3d.; cows, July calvers, £13 i to;JE14 17a. 6d.; August calvers, £12 to £13 • 10?.; September calvers, £10 to £12; others-. £10 to £12; springing heifers, £10 to £10 Jus.; spring calving heifors, £7 15s. to £9 15s.; store cows. £6 9a,, £7 10a. to £8 5s.; aged Btore cows,"" £4 5s. to £4 11s.; cows ■ with calves, £9 17s. ■ Tho New Zealand Loan mid Mercantile Agency Company, Ltd., report:—At our Upper Hutt yards we submitted a small yardlug of sheep and cattle and sold medium ehoro lambs, 14s. 6d.; spring calving heif- • ers, .£8 6s. to £9; springing cows to £15 ' 7s. 6d.; store cowa, £5 10s.; forward cows, to.£9 17s. 6d. The New Zealand Loan and Mercantile j Agency Co. report:—At Palmerston North on Thursday only a small entry came forward. Quotations: Wcaner steers, £2 4s., £2 8a.; 2-year empty heifers. £3 10s.,' £4 : 4s.; store cows, £2 10s., £3 10s., £4 5s., £4 I 12b. 6d., £4 16s.; forward cows, £5 18s., £6 : 16s.; £7; fat cows,' £10.; ■ springing heifers, £10, £10 15s.; guaranteed dairy cows, £10 ' 2e. 6d., £12 15s., £13 10s.; dairy cows (backward), £7, £8 5s., £8 17s., bd. - Messrs. Abraham and Williams, Ltd.', report that at Palmerston North on June 27 there was a small yarding of both sheep and'cattle. The attendance o: buyers was poor and bidding was somewhat elow. How- ' ever, a fair clearance was midc at late prices. Quotations: Pat ewes, to 26s.; ewps, running with Itomnoy rams, 233. 6d., 25s. 7d.,' 27s., to J6s.; store cows. 14s. Id. to 17s ; lambs, medium, to Us. 6d. ,CottIe: Forward cows, £9 18s.; 3-year si sera, £8 17s. ;' fid. to £11 7s. 6d.; cows and calves, to £6 j 2s. 6d.; store cows, £6 3s. to £8; springing cows, £9 10s. to £10; yearlicfrs £3 10s i to £4: hulls, £7, £7 10s. to £8 10s. ; Messrs. Abraham nv.d WiH'ams. Ltd., re- ;' port at Pcildini yards on Jims 28 a small ynrding of. both sheen /mil cattle was offered. There wns a'Rinal! afendance of : • the puhlio and the hiddincr win somewhat "'"w. ?rice» rulinsr wer ni follow :-Sheen. i Fat ewes. 28*.' to 29s. 5d.': "wen 'n lamb ■ 5Js.-to 24s. 9(1.; emptv ewes, !5s. 2d to : ! , Ms.: lambs.. Us. to 1H Id. (Mtle: 18month emptv heifers. £4 7n. 6;1., {■( ja«. 6d £5 6s., to £6 7s.; springers, to lit 5d. : COMMERCIAL ITEMS INVESTMENT SHABES. '' a sale of Bank of Now Zealand shares (£6 13s. 4d. paid) at £17 10s. was reported ... on Saturday. The quotations were « a follow:— Burors. Sellers. : National Bank • 5 7 0 5 7 6 Bank N.Z. (old; 12 0 0 - Bank N.Z. (new) — 17 12 6 Gieborne Gas ■ ; • — 0 18 6 - Kuddart-Pavker (ord.) ... - 119 9 ; Union Steam (pref.) 10 9 110 Kaiapoi Woollen (ord.).... 7 2 0 — Well. Woollen lord.) 72 0 - u 'Taupiri Coal 018 6 — Wcstport Coal 19 3 110 o ' Waipa, Colliery — 017 6 Kauri Timber 18 0 — ! Leyland-O'Brien 1-7 6 17 9 Colonial Sugar — 2115 0 Golden Bay Cement 0 18 0 — i N.Z. Drug 2 13 6 - ; *ft.Z. Paper Mills 12 0 —

10 f ! ' NEWS i : ■. ■ ■ !. •' ■■ ' . ' ■ I',/'- , AUCTION SALES \\ ' FORTHCOMING FIXTTTBES.. ■.-TO-DAY. j Stortford Lodge Yards, 10.30 a.m.-Sale I Shorthorji oatflo hord (Dalgety a ( - Co., and WiUlama and Kettlo). j. JohiuonviUe Tarda, 1 p.m.—Slock s; ! (Abraham and Williams) I ' TO-MORROW. ! Levin Yards, 12.15 sale IN ' Loan Co., Abraham and Willionie, D goty arid Co.), ' ■ . J 154 Feathcrston Street, Wellington, i j p.m.—Sale of city and suburban prop ' lies (Bothiino and Co.). 195 Lambton Quay, Wellington, 2.30 p.m ' Sale of suburban residence (Harcoi .' . and Co,). •:. WEDNESDAY, i Otaki Yards, 1 p.in.-Stock salo (Abraha i and Wilfiams, Dalgety and Co.). ,- 195 Iiarnbtoa Quay, Wellington, 1.30 p.m I . Salo of oTl paintings, water colou . '. etc. (Harcourt and Co.). j Railway Stores, Lower Hv.tt, 2 p.m.—So ■ of motor vane, carts, horses, etc. (Lae j and Co.). ; LIVE STOCK SALES . : ■ . ■ atessrs. Wright, Stephenson and Co., Ltd ;• report, having ottered a large entry > ; fitwep and a small yarding or cuttle ; tlieir jlartiuborough sale on '1'hursda i There was a largo attendance, and a tot; : clearance was made at most a&tlsfaotoi i prices. Quotations: Llffht, iai wethors ai ewes, 28s. Id. to 30a.; 2-tooth wethers, 30s empty forward ewes, 'to 25s. 8d.; empt >■ Store ewes, 20s. to 2is. 6d.; \V>F. lambe, I 22s. 6d.; medium lambs, 17s. 3d to 18 Id.; ewes iu lamb to Lincoln and Romuc ,. , ranis. 23s. to 26a. 6d; Cattle: iimpty jetoi i cows, £5 10s. to £6 5s.; springing Heifei ' to £9 2s. 6d. , The New Zealand Loan and Mercantil Agenoy Co., Ltd., report:—At our To Hor sale on Wednesday, we submitted a lnrg yarding of both sheep and cuttle to : fair attendance. Bidding was brisk (espec ■)■■ . ally for spring calving cows and.heifcre ■ and tvo oleared practically everything a satisfactory prices. We quote: Fat an forward lambs, 22s. 10d.; medium, 14s. aged ewes, in lamb, :16s.; fat and forwup ; wethers, 31s. 3d.; cows, July calvers, £1 i to;JE14 17a. 6d.; August calvers, £12 to £1 • 10?.; September calvers, £10 to £12; other! £10 to £12; springing heifers, £10 to £1 Jus.; spring calving heifors, £7 15s. to £ 15s.; store cows. £6 9a,, £7 10a. to £8 5s. aged Btore cows,"" £4 5s. to £4 11s.; cow ■ with calves, £9 17s. Tho New Zealand Loan mid Jfercantili Agency Company, Ltd., report:—At our Up per Hutt yards we submitted :i small yard lug of sheep and cattle and sold mediun ehoro lambs, 14s. 6d.; spring calving heif • ers, .£8 6s. to £9; springing cows to £11 ' 7s. 6d.; store cowa, £5 10s.; forward cowb to.£9 17s. 6d. The New Zealand Loan and Mercantili j Agency Co. report:—At Palmerston No.rtl on Thursday only a small entry came for ward. Quotations: Wcanor steers, £2 4s. £2 8a.; 2-year empty heifers. £3 10s.,' £< ■ Is.; store cows, £2 10s., £3 10s., £4 5s., £• I 12b. 6d., £4 16s.; forward cows, £5 18s., £1 : 16s.; £7; fat cows,' £10; springing; heifers £10, £10 15s.; guaranteed dairy cows, £1( ' 2e. 6d., £12 15s., £13 10s.; dairy cows (back ward), £7, £8 5s., £8 17s., 6d. . Messrs. Abraham and Williams, Ltd.', re port that at Palmerston North on June 21 there was a small yarding of both sheet and'cattle. The attendance o: buyers was poor and bidding was somewhat elow. How- ' fcver, a fair clearance was mule at late prices. Quotations: Pat ewes, to 26s.: ewes, running with Itomnoy rams, 233. 6d., 25b 7d.,' 27s., to J6s.; store cows. 14s. Id. to 17s ; lambs, medium, to Ifis. 6d. , Cattle: Forward cows, £9 18s.; 3-year sleers, £8 17a ;' fid. to £11 7s. 6d.; cows and calves, to £t j 2s. 6d.; store cows, £6 3s. to £8; springing cows, £9 10s. to £10; yearlimrs £3 10s i to £4: bulls, £7, £7 10s. to £8 10s. ; Messrs. Abraham nv.d WiH'ams. Ltd., re- : port at Foildini yards on Jims 28 a small ynrding of. both sheen nnil cattle was offered. There wns n'miiaU attendance of : • the puhlio and the hiddincr win somewhat "'"w. ?rice» rulinsr wer ni follow :-Sheen. i Fat ewes. to 29s. 5d.': "wen 'n lamb ■ 5Js.-to 24s. 9d.; emptv ewes, !5s. 2d to : ! , Ms.: lambs.. Us. to 1H Id. (Mtle: 18month emptv heifers. £4 7n. 6;1., {■( f>.i. 6d £5 6s., to £6 7s.; springers, io lit 5d. : COMMERCIAL ITEMS INVESTMENT SHARES. ' ' a sale of Bank of Now Zealand shares (£6 13s. 4d. paid) at £17 10a. was reported ... on Saturday. The quotations were « a follow:— Burors. Sellers. ,'„■.,_ ' £s.d. £e.il. : National Bank • 5 7 0 5 7 6 Bank N.Z. (old; 12 0 0 - Bank N.Z. (new) — 17 12 6 Gieborne Gas ■ ; • — 0 18 6 - Kuddart-Pavker (ord.) ... - 119 9 ; Union Steam (pref.) 10 9 110 Kaiapoi Woollen (ord.).... 7 2 0 — Well. Woollen lord.) 72 0 - U 'Taupiri Coal 0 18 6 — Wcstport Coal 19 3 110 o ' Waipa, Colliery — 017 6 Kauri Timber 18 0 — ! Leyland-O'Brien 1-7 6 17 9 Colonial Sugar — 2115 0 Golden Bay Cement 0 18 0 — i N.Z. Drug 2 13 6 - ; *ft.Z. Paper Mills 12 0 — Customs duties collectod at the port of Wellington ou Saturday amounted to . •; £1858 12s. ■■ AllTjonded Wellington will : be closed to-day for the annual stocktaking by tho Customs; : . LONDON SHARE MARKET. Australian-New Zealand Cable Association. (Rcc. June .29, 5.5 p.m.) _..,.. „ London, Ju ue 28. ! w 7 ! 5 l snare3 - B «yfrs. 36s. 3d.j sellers, 0(0. i(i, • BANK OF ENGLAND KETURN. Australian-New Zealand Cable Association. , ' ' , London, June 28. The Bank of England return issued fop : the week ended Wednesday, June 26, is ae under: — ; . . Ieboe Defabtiiekt. I Vote Issue £83,059,000 Clov. debt... fll,oi5,noo : • Other securi- . Gold 64,610,000 ; -. .;. . i-83.059.C00 . i83e00O . .";; BiNKINO DErABTUKXT. i Proprietors' ' Gov.securi'- •■■ capital ....£U,553,000 ties '... £51652 00(1 i Public do- . . Othersccuri- •"" Othe'rdV •". 35, " 0,0 ?° tiee - '■•"0,600.000 i Ees°t 8l 7-day" mmm Kotes 2fl^85.0fJ0 I arid other' ! WHS -JSTom Coin 610.000 .. . £162,«6,000 -fieMMioOO . The leading items of tho Bank of Enskndjeturn afford the following compariTbisweelt Last week Laet year £ £ £ . Bullion Gi.610.000 C3.615.0OO 65.993 000 Reserve ... 3O.004.CXXI 30.272.000 3li,585.Wi Note Circulation 53.67-1X00 52,381,000 3D 400000 Public Deposits 35.7711.000 36.122.000 iftiaouD Other Depoeits 1*819,000 T25.187.000 125,127 000 Proportion ol ■ ■ . rcBorves to liabilities ' 18.22 . 19.S0 ' 23.32 GOVERNMENT SECURITIES. ' Inr^n^ 11 ?™ 1118 ! a^ e , lh .° Iate8t iwtBlioaa , lor Coneols and Colonial Government Sc- • lae" w compari9oa witu those ruling ; ! Stock This Last ■ »eok Week ' 2J% Imperial Consols f B - '1. t s. A, u- 6 War Loan gb 0 o (! 6 : 3J,.WarLoau " [ ' J3 17 6 4 ,,S.8.W.1«3Jan-July f, I " f.™ ° ; 31,,N.S.W.1930-50ilr,Sv » " g " f 3j „ M.S.W. Early Curr. ] fi °° J ° « ™ « » i 3 ,,N.S.W.1925Apl.-Oet H ° n " ■ i 4 , Vic. 1920 Jan-July * 2 ?. ™ » ° ; 31,, Vic. 1921-6 Jan.-July " " ° { " ' « i 34 „ Vio. 1920-1949 2J S " f, » ° 3 „ Vic. 1929-49 Jan.-JIy i\ J ? i , ," ,'' ! 1 3i,,e.A.1916Jan.-July \l S „ IS, I n ; 3 ,S.A.1916J«.u.-July ? 2 S ™/' °, , 4 ,,QTd 1915-24 Jan.-Jly 0 0 vA G : 31,,Q'l'dl922-47JOD.-Jly So 0-0 SOi 0 i ,,QTd 1922-47 Jan.-Jlj J§ o 0 62 10 0 4 „ N.Z. 1929 May-Nov. t7 o g ™ % ° 0 '■ 31',,N.Z. 1912-40 Jau.-Jly 73 0 0 7° 0 0 ; 3 ,,N.Z.1920April-Oct. ia 0 0 (12 5 0 3! „ W.A. 1915-35 My-Nv. 75 0 0 7S '1 6 ! 3 ,,W.A. 1915-35 My-Nov 7-j' 0 0 72 0 0 ; 31 ,,Tas. 1920 Jan-July .7-2 0 0 Ti 5 0 . i ,,'i'as Jun.-Julj W 0 0 65 5 0