COMMERCIAL ITEMS

Dominion, Volume 11, Issue 282, 17 August 1918, Page 10

COMMERCIAL ITEMS

INVESTMENT SHAKES. Sales of Auokland Gas shares at 275. 6d. Jind N.Z. Kefrigorating at, 425. were reported yesterday. Tho quotations were as follow:— Buyers. Sellers £ a. d. £ s. d. National Bank 6 0 0 — Bank N.Z. (old) 12 16 0 12 16 6 Bank N.Z. (new) - 18 2 6 National Mortgage 4 3 0 — Well. Investment 0 10 7 0 11 0 Well. Trust and Loan ... 5 12 6 5 16. 0 Well. Gas (£10) - 1117 6 Well. Gaa (pref.) — 0 IB 6 National Inßuranco — 3 19 N.Z. Insurance 9 17 0 10 0 0 S.B. Insurance 6 6 0 6 6 6 Standard Insurance 2 3 0 — N.Z. Refrigerating 2 16 2 2 6 Gear Meat (£4) 20 0 0 I - Gear Meat (£1) 5 0 0 - Kauri Timber i 335.) 1 B 0 — Lcyland-O'Brien — 17 9 Taringamutu Totava .... — 10 0 Grown — 110 3 D.1.0.' preference — 10 0 Golden Bay Cement 10 0 116 N.Z. Paper Mills - 12 9 Well. Cordage 110 - Wilson's Cement — 111 0 Customs duties collected at the port of Wellington yesterday amounted to £1853 18s. Id. BANK OF ENGLAND RETURN. Australian-New Zealand Cable Association. (gee. August 16, 9.25 p.m.) London, August 15. The Bank of England return issued for the week ended Wednesday, August 14, is as under:— Issue Depabtjient. Notes issued JE56.691.0M Gov. debt... £ 11,015,000 Other securiNotcs in ties, 7.434,000 reserve 23.312.000 Gold 67,551,000 ±'86.003.000 ' ±'86,003,000 • Banking Depatiimf.kt. Proprietors' Gov.securi- '. capital . ...£14.553,000 ties ..! £59,702.000 Public de- Other scenriposits - 34,096,000 tics 100,188,000 Other deposits ... 137,726,000 Notes in - Rest, 7-day reserve ... 29,315,000 ami other • Coin in bills ... 13.G05.000 reserve ... 681.000 £180.883,000 £160,883.000 The leading items of the Bank of England return afford the following comparison :- i This week Inst week Last year Bullion 67.554.000 67.369.000 51.057.000 ItcEOl've ... 29.993.001 '29.664,000 32.0J1.000 Note Circulation 66.691.000 66.775.000 40,045.000 Public Deposits 34,076.000 39,878.000 45.510.000 .Other Deposits 137,726,000 103-191.090 126.049.000 Proportion o( ' liabilities . 17.45 17.16 18.69 GOVERNMENT SECURITIES. The following are the latest quotations /or Consols and Colonial Government Securities in comparison with those ruling last, week:—

MONEY MARKET The Bank of England discount rate on January 12, 1917, was 5J per cent. On April 5 it was reduced to 5 por cent., at which iiguro it has eiuco stood. OFEX MAHKET RATES. The open market discount rate for three months' billa in 3J per cent., as compared with JJ per cent, last week and 4} per cent, last year. Short loans aro quoted at 3> per cent., as against 35 per cent, last week" and 4i por cent, last year. COLONIAL AND OTHER PRODUCE. Butter.—Supplies aro diminishing somewhat, but are ample for the new scale of rations—two ounces of butter and Tour ounces of margarine weekly—commencing on August 29. Wheat.-Quiet. Flour.—Quiet; unchanged. THE METAL MARKETS. Tin—£3Ss 10s. per ton. Other metals are unchanged. VICTORIAN PRODUCE MARKET., By Telegraph-Press Aosociation-Oopyrieht. 1 Melbourne, August 16. Barley, Chevalier,' maltinc ss. sd. to 6s. 3d. per bushel; Cape, 4s. 2d. to 4e. 4d. Oats, Algerian, millin;;, 4s. Id. to 4s. 2d.; feed, 3s. 9d. to 3s. lid. Potatoes, £3 10s to £4 15s. per ton. Onions, £21. MINING NEWS WELLINGTON SHARE MARKET. The quotations yesterday for mining shares were as under;— Buyers. Sellers. £ b. d. £ s. d. Mount Lyell 19 6 110 6 Talisman — 0 9 0 TValht 2 0 9 2 10 Westland Gold 17 0 —

STOCK EXCHANGE. By Telegraph—Press Association Duncd'i, August 16. Stock Exchange sales i-iluddart-Parter, 415., 415.; Westport-Stockton, Sβ. 6d., 8s 6d Sales reported: Rise and Shine, 135,; Hud. dart-Parker, <Os. 6i. Auckland, August 16. Sales: Huddart-Parker, 405., 40s. 9d. LONDON SHARE MARKET. Australian-New Zealand Cable Association. (Rec. August 16. 9.25 p.m.) London, August 15. Waihi, buyers 38s. 9d., sellers 40b. •

Stock Thls rjast v bt0CK : Week Week SMi% Imperial Consols t%'\ t% 6 n »5 „ VtoLoan gf S 0 9 0 0 31,. War Loan 88 7 6 '88 3 6 5J „ AuS.-Oommonw'th 09 5 o & „ Aus.-Commonw'th jqi 3 5 4 ,,N.S.W.1933.lau-Julj «6 '2 6 Pfi 6 0 ■3J,,N.S.W.19SO-501Ir.-Sp 99 15 0 «w 10 0 3j,,N.S.W. Early Curr. 7012 6 70 18 6 i „ Yic. 19Z0 Jan.-July 97 17 6 PS 0 0 •3J,, Vic. 1921-6 Jan.-Julr 88 15 0 88 6 0 3i,. Vic. 192(1-1949 72 0 0 72 0 0 3 „ Vic. 1929-49 Jan.-Jly 64 5 0 63 17 6 3i,,fl.A. 1916Jan.-July. 75 0 0 7< 13 6 3 „ S.A. 1916 •Ja.u.-July 58 10 0 57 0 0 4 „ Q'l'd 1916-24 Jan.-Jly (I! 17 6 93 ' 0 0 31,,Q'rdl922-47'Jan.-Jly 01 s 0 (11 O 0 • 3 „ Q'l'd 1922-47 Jan.-Jlj 64 15 0 6J 1 6 4 ,,N.Z.1929May-Nov. 89 17 6 89 5 0 3i ,,N.Z. 1912-40 Jan.-Jly 75 0 0 74 15 0 3 „ N.Z. 1920 April-Oct. 6510 0 6.5 10 0 31 „ W.A. 1515-35 lly-Nr 78 0 0 77 0 0 3 „ W.A. 1915-35 My-Nov 73 5 0 73 5 0 l\ „ Tas. 1920 Jan- July 74 7 6 74 5 0 3 ,,Ta31920-40 J*n.-Julj 66 0 C 66 0 0 •Ex dividend.