COMMERCIAL ITEMS

Dominion, Volume 11, Issue 295, 2 September 1918, Page 8

COMMERCIAL ITEMS

INYESTMENT SHAKES. The <iuotaticnjß'<m.-SBtnrdar'for investment saaresi were/as iollow:— , i . i '..'.'" Buyers. Sellers. '■■'■" £ s.d. £ b. a.. NationaljEank i. ... 6 2 0 — • Bank SZ. (new) - 18 0 0 - ' Equitable JBaildine ....:.... 8 15 0 - Metropolitan Building ... 11 0 0 ■■■ — . National Hortsage ... 4 4 0, — Loan and Mercantile ...... 67 0 0 — N.Z. and Elver Elate ...... 118 0. - .Well. Gas (£10) ......... - 1117 0 s National'lnsurance,. S0 9 — • ' S.B. Insurance- - 6 6 0' — Standard"lnsurance 2 5 0 : • — N.Z. Refrigerating ......... 2 3 9 2 4 6 Gear Meat (£4) .....20 0 0 - , Gear Meat (£1) .-..._.... 6 0 0 - Meat Export .(£5) ............ 415 0 .- Meat Export (£4) •...._ 3 15 0 - Meat Export-(525. 6a\) ... - 210 0 AuoKhmoVTrarnis (ord.) ... 019 6 - Hnddort-Parker (ord.) ... 2 1 0 2 19 i N.Z. Shipjdns - • 1010 0 — •- f. and CM. Stock..-. 369 0 0 372 0 0 Well. Woollen (ord.) - 714 0 Well. Woollen (pre!.) 4 10 0 Weßtport-Ooal ;:.«,;• 110 0 • — Westi>ortrßtookton 0 8 4 — : Waipa Colliery .':.._ - 0 16 6 KaurMimber (335.) ...... 19 0 111 0 Leyland-tfßrien .-. 17 3 17 9 Taringamutu Totara — " '■■ 10 6 0. M. Banks, Ltd.": - 14 0 Golden Bay Cement Dl 9 0 10 6 N.Z Paper Mills ..-. - 12 8 , Bharland (ord.) 18 0 — Sharlandi-forefJ • 1 8 3' — Ward and 1 Co. .. 4 6 0 - Well. Cordage -_ — 1 2 0 Wilson's .Cement ........ Ql4 0 *016 0 Customs duties eollectod at the port or Wellington on Saturday amonntcd •to £6667 Is. .70.

HIDES. OAIiPSKDfS, AND TALLOW". The New Zealand Farmers' Co-operative Distributing Co., Ltd., reports that although the attendanccnf buyers at.their sale of hides. calfskinß, and tallow was not largo, competition waa brisk. Ox and cow hides show little change. from: last 6ftle. Calfskins were in particularly good demand,- the super lines selling at }d. to Jd. adranoe, our top price being 173 d. per lb. Talow was somewhat irregular, especially the better class; .inferior grades eold at fully Ma rates. BANE OF ENGLAND RETURN. Australian-New Zealand Cable Association. ';, , London, August JO. The Bank of England retnrn issued for the week ended "Wednosdaiy. August 28, is as under:— 'Issue Df.pahtment. Notes iflsued £67,613,000 Gov. debt... 1 11,015,000 Other securiKotes'in ties 7,434,000 reserve 39.722000 Gold ... ... 68,886,000 i' 87.335.000 "• ±-87.335,000 BANirna DkfaBTMENT. proprietors' Gov. securiospital ...£14,553,000 ties . ... £59,484 000 Public de- . Other seouri- ' 'posits ...34,918,000 ties 99,253,000 Other de- __„ poßits ...135,110,000 Notes m Rest, 7-day reserve ... 29,722,000 and other Coin iu bills ..3.508,000 reserve ... CGO.OOO £189,039,000 £189,089.000 The leading items of the Bank of England return afford the following comparison:— - Thisweok Last week Laßt year Bullion 68,886*000 68/113.000 51.824.000 Reserve ••• 30,383,000. 50.8 M.OOO 32,247.0011 NoteGroulation 66,749.(100 40.107.0(10 Pnblio Deposits ,34.918-000 83,608,000 46,626.000 Other Doposiis 136.110-000 135.996.000 131091,000 Proportion of reEerveß to • liabilities 17.76 17,45 1821 '.GOVERNMENT SECURITIES. The following are the latest quotations tor; Consols and Colonial Government Se-

enrities in comparison with those ruling last week:—

■ • .. . MONEY MAEKET. The Bnnl; of England discount rate on January . 12,. 1917, was 51 per cent. On April 5 it was reduced to 5 per, cent., at. which figure it has .since stood. OPEN MAEKET ' KATES. The open market, discount rate for threa months' bills is 31 per cent., as compared with 31 per-cent, lastrweek and 4§ per cent, last year. Short loans are quoted at 35' per cent., as against 3J per cent, last wick, and 4J per cent, last year. . . . COLONIAL AND OTHER PRODUCE. Butter- and : Cheese.—Unchanged. Wheat-Quiet, A few Bales of parcels of Australian on -passage have been made at 795. 6d. Nothing is doinc in spot lots. Flour.—Quiet; small allocations of oversea lots at rato Tft-tefl. Oats—lmported are unchanged. Peas and Beans—Steadier. New Zealand and Tasmanian whito peas, 665. to 60s. Sugar—Unchanged.

Stock ,™s East nook Wook 2J%Imp 0 rialOon*)lB 57 Vo ?*%% 5 ,, War Iioau 95 0 0 9l 15 0 31,. War Loan 8315 0 8810 o 51 „ Aus.-Oemmonw til 99 iq o 00 10 0 61 „ Aus.-Commonw'th 101 io o 10110 0 4 „N.8.W.I'M Jan-July sii 5 (I 8IS 2 6 Jl„N.S.W.1930-E(IMr.-ap 99 10 0 90 10 0 3i „ N.S.W. iarly Curr. 83 17 6 63 17 li 3 „ N.S.W. 1925 Apl.-Oct 7017 6 70 17 li 4 „Vio.l920Jau.-Ju!y 98 0 0 98-0 0 31 „ Yic. 1921-6 Jau.-JuJy 80 0 0 B8 15 0 31 „ Vic. 1920-1949 nm 0 1iW 0 3 „ Vic. 1929-49 Jan.-Jly G410 0 01 7 (i 31„S.A. 1916 Jan.-July 74 15 0 74 IB 0 3 „ B.A. 1916 Jau.-July 59 5 0 69 0 0 4 „QTd 1915-24 Jan.-Jly 93 5 0 91! 0 0 31 „ QTdl922-47 Jan.-Jly 9410 0 91 7 0 3 „QTd 1922-47Jan.-Jlj 64 10 0 M 7.1! 4 „lV.Z.1929May-Nov. SO 2 6 W 0 0 31 „N.Z. 1912-40 Jan.-Jly ' 75 12 6 76 7 0 3 „N-Z.1920ApTil-Oct 67 76 67 0 0 31 „W.A. 1915-35 My-tfv 78 0 0 77 30 0 3 „W.A. 1915-35 My-Nor 73 10 0 73 6 0 '31 „Tas. 1920 Jan-July "10 0 li 10 0 • 3 „Tas 1520-40 Jan.-Juto 66 0.0 66 0 0