COMMERCIAL ITEMS

Dominion, Volume 12, Issue 241, 5 July 1919, Page 10

COMMERCIAL ITEMS

INVESTMENT SHARKS. A sale of South British Insurance shares at £8 Is. was reported yesterday. lhe Quotations- were as follow— u . Buyers. Sellers. £e. d. £s. d. National Bank ill j> „~ Bank N.S.W ••--; f. a . ° ° 915 ° Bank N.Z. (£3 '6s. Bd.) ... 4 0 0 Bank N.Z. (£6 ISs. 4d.)...-18 5 0 - Union Bank (new) - f " « Loan and Mercantile - 116 u Well. Investment 010 \ Well. Deposit 0 8 3 Auckland Gas 1 J lO Well. Gas (£10) - 11 » 0 - National Insurance 4 W 0 S. British Insurance - ■• ?1 " N.Z: Heirigcratinß - •> lu u Meat Export (525. 6d.) ~. 1 Auckland Trams 12 0 Hudda-rt-Parker (ord.) ..j 2i 6 24 » P. and O. Def. Stock ... - 490 0 0 Kaiapoi Woollen 8 5 0 - llosgiel Woollen J lo 0 - Well. Woollen (ord.) 8 2 0 - Well. Woollep (pref.) ... 55 0 510 0 Westport Coal 1.9 9 110 3 Kauri Timber .............:.. 0 15 6 - Leyland-O'Brien Timber .1/6 - Colonial Suear ; 24 0 0 - Colonial Sugar (Fiji) ... 20 5 0 - Golden Bay Cement ......-019 0. - Mainline; and Co .',... 3 5 0 — Consolidated Dental ....... 1 6 0 - N.Z. Drug 2 15 9 - Sharland (ord. and pref.) 111 0 - Ward and Co 5 0 0. - Well. Cordage - ' 13( J Wairarapa farmers - J ll J Inscribed Stock 96 5 0 96 12 6 5 p.c. Bonds 98 0 0 - CUSTOMS REVENUE. Customs revenue collected at the port of Wellington yesterday amounted to £4637 17s. BANK OF ENM/ANJ) RETURN. initr»lian-SBw '/.ealand Calile Association. (Kec. July 4, 11.65 p.m.) London, July 3. / Tho Bank of England return for the 1 week ending July 2 is a-s follows:— 1 IbSOr. DKP*r.TMENT. . Notes isaucd'jE79.94B.ooC Gov. debt... £ 11,015.000 Other socuriNotes in ' ties 7.131.000 reserve 21.053.001 l Gold 86.15'3.000 i'IaQOLOOO Jtloi,ooi,oo3 BAXBIXO Depabtmukt. Pmnr'Alans' G° v - securiP spital ..f 11,553,000 He. .... T'lilil-'e lie- Other secunjSih ...24.559,000 ties 83,491,000 Othw (!e- ' , . nosit,- ... i66.9i5.000 Notes in „.„..„. BoM'.T-iiay reserve ... 24,933,000 ai'l other Goi!i in ' \ii\te - 3.250.000 reserve ... J£l™. fiOWMB £200,266.000 The leao4g Items of .the Bank of England return attord the following comparilou: — . • , T , 9'hisweek Last, week Last year i< £ £ Rnllian . ... S6-45-2.00!! 65.735.000 64732.000 pSlmvo • '-'-010000 27.M.00U 28.531.M0 >'ffiveullit-ion 70.946,005 77,110.000 54.503,000 Pubto Ileio ™ 'i<-555-0(iO Offnaa 38.179.000 OtoDepS 166,925.000 137.740.000 152.068.C00 Pcepenior. ot fiSffi 0 ".". I™ 15,18 GOVERNMENT SECURITIES. The lollomnir are the latest [or Consols and Colonial Government Securities, compared with last weeKs figures. ,

NEW ZEALAND INSURANCE COMPANY. RESOLUTIONS ItEGAKDING CAPITAb, By Teleeranli—l'rrns Association. Auokland, July 4. Two extraordinary general meetings tf shareholders in the New Zealand Insurante Co., Ltd., were held to-day. the first being for the purpose of confirming a special resolution passed on Juno 17, in which the Articles of Association were altered to enable the company to diviue its capital, or any part of it, or on the other hand, to consolidate its capital, or any part of it, .into shares of a larjei amount than its existing shares. The- confirmatory resolution was adopted unanimously. The business of the subsequent meeting was to consider n resolution, of which the principal claups was as follows: "Thai each of the existing £10 shares ho divided into ten shares of £1 each, upon each r>? which the sum of eight shillings shall be credited as paid up." This proposal was also carried unanimously, and will requiro confirmation at a subsequent iDBLONDON METAL JIAEKET. Australian-New Zealand Cable Association.' (Rec. July 4, 11.15 p.m.) ' London, July 3. Copper-On spot. £92 7s. 6d.; forward delivery, £91 7s. 6d. Lead.-On spot. £22 7s. 6d.; forward delivery. £22 12s. ti. Spelter—On spot, £40; forward delivery, £39 ss. Tin.-On spot, £241 55.; forward delivery, £238 <7s. 6d. Bar Silver.—s3gd.-per oz. standard. Tin stocks on spot. 2787 tons; afloat. 2156 tons; total stocks, 6208 tons; deliveries last month. 1427 tous.

& ' , This Last Stock Week Week l i% \^t\T soh faf6 d 6 Bio fl o 6 „ War boau pq is n 04 n n ii „ War Loan . m n n S-o n it „ Aua-Oonimonw'th ,™ 0 0 68 u o . 5* „ Aua.-Commonw'th g° g J *' J g •' moo *« « g g « g g 3j„ Vic. 1921-6 Jan, July S g g $ g g 31., Vic. 1920-1949 % g g ,400 3' yi=.1929-.|9Jan,Jly » g g g g g 3J„S.A.1916;)au,July v6 0 0 76 0 0 3 „ S.A. 1916 Jfl,u.-July m n n 60 0 0 J ..Q'l'd, 1915-24 Jan,,Tly & g g w 0 o x 31„QTdl922-47Jon,Jly <hj 0 0 80 0 0 ■ 3 „ Q'l'd 1922-47 Jan.-Jlj B 5 0 0 65 0 0 * „ N.Z. 1929 May-Nov. J8 0 0 88 0 0 3i„N.Z. 1912-40 Jan, Jly 78 0 0 78 0 0 3 „ N.Z. 1920 Apnl-Oct. % 0 0 6li 0 0 li „ W.A. 1915-35 My-Nv 7!l 0 0 79 0 0 3 „ WJl. 1915-35 Jly-NoT 71 0 0 74 0 0 35 „ Tas. 1920 Jan-July 75 0 0 75 0 0 3 „ Tas 1920-40 Jan.-Julj 70 0 0 70 0 0