COMMERCIAL ITEMS

Dominion, Volume 12, Issue 213, 3 June 1919, Page 8

COMMERCIAL ITEMS

j: ■ INVESTMENT SHARES. . }.- The,.qiiotationß yesterday for investment I iharea were aB follow:— i 11 Buyers." Sellers, vi- ,t, , - i! s, d. Jj s. d. national Bank 6V 0 610 o i Bank N.Z 13 is o 14 0 0 .Union Bank (old) '57 5 0 Metropolitan Permanent 11 7 6 — • National Mortgage ' 4 14 0 — I:' Napier Gas-(£10), - ' 9io 0 '. Well. Gas (£11') — 1117 6 : National [Insurance 314 6 — [ South British Insurance 715 U 80 0 t Standard Insurance ...... 213 6 — | -iVSS. Kefrigerating 216 6 217 6 I iJfeat Export ,(£2 12s. 6d.) 213 6 f Auckland Trams (ord.). ion Hudflart-l'arkei- (ord.) ... 213 '• 24 n : lU.S.H. Co. (brer.), ex div. 1 ob.- '_ : ' I'. and 0. Lief. Stock ... 4H) 0 0 - - Well. Woollen (ord.) 713 0 — . Well. Woollen (pref.) 417 0 ; — Westport Coal 7. _ < )n ~ Waipa Collieries — . 015 6 17 6 i g « Manning and Co 3 0 0 — ; Wilson's Cement — 017 l I THE MONEY MARKET. Commenting on the state of tho inonev ! market, the "New Zealand Trade Iteview" says:—' As shown by the latest bank returns in our last issue, there was then a plentiful supply ot funds available, and , little has transpired since then to alter , the position. Our exports for the first ' . .° r the uurrullt year totalled t .. £19,051 544, and our imports £10,545,883, both j, or winch figures constitute, ,\o believe record amounts for the short period of four ■ S°«™«T Us r lea T®?. a splendid surplus ot *8,505,061. In addition to thcße exports •«o have 111 store awaiting shipment some • , a ' hal f million carcasses of meat, ZIO.COO boxes butter, 472,00!) crates chocse, and 400,000 bales of wool, viil ue d roughly at about £22,000,000, all of which has either been paid for or liberally advanced against by tho Imperial Government, and wo may safely put these payments down flt lo or 19 millions, which- shows whouco a very large part of the present plentiful , supply of funds is derived. As long as the Imperial Government continues to take our priucippl products at the liberal . prices they are paying wo need not fear , any shortage of funds in New Zealand out, an increased number of vessels to remove all this produce is urgently needed, mortgage money is freely offerine at . about 6 per cent., and the value of money appears likely to remain fairly steady." . . CUSTOMS REVENUE. I Customs duties collected at' Hie port n S ton y cstcrd ay amounted to £4246 lis. 2a. I'ALLOW. Australian-New Zealand Cable Association. .(Bee. June 2, 10.30 p.m.) ' ' London,. May ',1 (delayed). At the tallow 'sales 489 casks were offered i, and '406 were sold. Pine mutton, 955. 6d.; medium, 905.; fine beef, 955.; medium, 85s. ■ Thero was a good inquiry for a shipment r of good mixed worth 825., c.i.f. .aovfj wr ■ - r ' l '' ■ ,-LONDON WOOL MAItKET. ' ' Uicc, June 2, 10.30 p.m.) / London, May .21 (delayed). I The wool market is firm, with good com- :. petition for super-combings and crossbred?. / Lower grades arc slow of sale,

TBOMAS BROWN AND SONS. . (Kec. Jane '2, 8.10 p.m.) London, May 21 (delayed). •Th« Arm •of Thomas Brown and Sons shows a profit of £19,250. A dividend of 6 per cent, has been declared, and £5075 carried to the reserve fund.