COMMERCIAL ITEMS

Dominion, Volume 11, Issue 276, 10 August 1918, Page 10

COMMERCIAL ITEMS

INVESTMENT' SHARES. A sale of New Zealand Paper Mills shaves at 225. Bd. was mode on 'Change yesterday. The quotations -were as follow:— Buyers. Sellers. £ s. d. £ a. d. National Bank 516 0 '600 Bank N.Z. (old) : 1214 0 12 16 6 Bank N.Z. (now) 17 16 6 18 0 0 National Jfortjago 4 2 0 4 5 0 Well." Gas (£10) - 12 0 0 Well. Gas (pref.) - 018 6 National Insurance 3 0 0 — Standard Insurance 2 3 0 — Gear Meat (£4) 20 0 0 - Gear Meai\(£l)- 5 0 0 - Huddart-Parkcr (ord.) ... — ■ 118 9 N.Z. Shipping 10 10 0 - Union Steam (pref.) 1 0 10 — P. and 0. Def. Stock ... 335 0 0 - Kaianoi Woollen (ord.) ... 7 7 0 — Tarinsnmutu Totara ...... , — 10 0 Colonial Sugar 2110 0 — Golden Bay Cement 10 0 N.Z. Paper Mills 12 6 12 9 Wilson's Cement — 19 6 Oiißtoms duties collected at the port of Wellington yesterday Amounted to £2304. BANK OF ENGLAND KETURN. Australian-Now Zealand Cable Association. (Bee. August 9, 10.30 p.m.) | London, August 8. The' Bank of England return issued for the week ended Wednesday, AugUßt 7, is as under:— . , Issde Depabtjient. ■ i Notes issued £56,278,000 Gov. debt... £11,015,000 • Othor securiNotes in tics 7,434,000 reserve 23.010-000 Gold 67,369,000 i' 85.818.000 £85,818,000 • , Kan'kino Department. [Owing to the fact that the under the headings of Government securities and other securities were not cabled last evening, it is not possible to givo that usual statement under this heading."] , The leading Items of tho Bank of Eng- ] land return afford the following comparison:- ■ This week Last week IJast year £ ■• £ £ Bullion 67,360.000 06.663.000 50.809.000 Keservo ... 20.664,000 28.530.000 31,478.(» i Koto Circulation 5C.778.000 ' 56,870,000 40,366.000 Public Deposits 30.878.0C0 37,798.000 47,465.01)0 Other Deposits 103-101090 138.441.000 130,121.000 Proportion o( reserves to liabilities 17.16 16,40 17.69 GOVERNMENT SECURITIES. The following are the latest quotations lor Consols and Colonial Government So-, curities in comparison with those ruling last week:— ■

MONEY MARKET The Banlt of England discount rato on January 12, 1917, was 51 per cent. On April 5 it was reduced to 5 per cent., at which figure It has ainca stood.

OPEN MABKET KATES. Tho open market discount: rato for three months' bills is 3J per cent., as compared with 3i per cent, last week and 4| per cent, last year. Short loans arc quoted at 3S per cont., as against 3J per cent, last week and 4i per uent. last year. OOLONIAI/ AND OTHER PRODUCE. .. Butter.—Supplies are still plentiful, and the distributions fill all requirements, with tho roßult that retailers .who a few months ago gladly accepted whatever quality ivn| sent them arc now complalnine nccUuso they havo been allotted old Rtored third grade or pastry butter, while others are receiving splendid New Zealand supplies. Wheat and Flour.-Nothing doing. In tho absence of offering all quotations are nominally unchanged. Sugar.—Unchanged. • TIN STATISTICS SUSPENDED. The publication of tin statistics has been suspended. ,

u . „,, . This IJast ' fat0 ™ Week Week . .. , - ■ ,1 * I X B. d, £ 3, (1, 2j;i Imperial Consols ml5 0 6615 0 5 „ War Loan 9410 0 Dt 2 6 r t , '88 2 6 89 0 0 4 „ N.S.W.1933 Jan-July 85 6 0 So 0 0 3i„N.S.W.1930-S0Mr.-Sp > mK o 101 0 0 ii „ N.S.W. tarly Ourr. 70 12 6 70 0 0 3 „ K.S.W. 1925 Apl.-Oct 73 15 0 73 7 li 4 „ Vie. 1920 Jan.-J uly fi8 0 0 D8 0 0 31 „ Vic. 1921-6 Jau.-July 88 0 0 88 7 G 3J „ Vic. 1920-1949 72 0 0 72 10 0 3 „ Vic. 1929-49 Jan.-Jiy 63 17 C 05 12 G 3j„K.A. 1916Jan.-July 7112 f, 74 7 fi 3 „B.A. 1916 Jftn.-July ,',7 0 0 57 12 G 4 „QTd 1915-24Jan.-Jly 0:1 0 (I \n 17 6 34.. Q'l'dl922-« Jaii.-Jly MOO m 0 0 3 „ QTcU92Z-47Jou.-JIj 1)1 7 6 64 0 O 4 „ N.Z. 1929 May-Now' - HI) 5 0 6!) '• 6 3j„ N.Z. 1912-40 0 au.-Jly 7115 0 71 5 0 3 „ N.'/,. 1920 April-Ost. 05 ]0 0 05 17 G 3i„\V.A. 1515-35 My-Nv 77 [) 0 78 0 0 3 „ W.A. 1915-35 My-Kor 73 5 0 73 5 O 3* „ Tag. 1920 Jan-July 74 5 0 74 0 0 3 „ Tas 1920-40 Jan.-Julj 00 0 u 00 0 0 •Ex dividend.