COMMERCIAL ITEMS

Dominion, Volume 13, Issue 46, 18 November 1919, Page 10

COMMERCIAL ITEMS

INVESTMENT SHAKES. Yesterday's quotations for investment, shares wero :is follow:— 1 Buyers. Sellera. £ n. d. £ n. d. National Bank 6 9 0 6 10 0 Hank N.S.W - 41 0 0 Bank N.Z. (£3 6s. fid.) ... - 15 0 0 Bank N.Z. (£6 13s. 4d.) ... - 19 2 6 Union Bank 13 0 0' 13 5.0 Equitable. Building 9 5 0 — Loan and Mercamilo ...... — . 121 0 0 Well. Investment ■: 0 10 7 — . Chrislchurch Gas 6 9 0 — Napier Gas (prel.; — 10 0 0 Well; Gas (£10) 10 15 .0 - ' Well.' Gas !pref.) 0 17 0 . N.Z. Insurance. 112 6 . • — N.Z.-Refrigerating 14 0 1. 4 6 Huddart-Parker Cord.) ...■ 2 6 0 2 6 6 Huidart-Parker (prof.) ... 10 6 110 XI.S.S. Co 113 ICainpoi Woollen 9 '8 0 9 11 0 Hik lira ugi Coal 013 0 —" T.iupiri Coal — 0 18 0 Westport Coal (cum div.) 1 12 6 — ' Kauri Timber 0 16 0 — Leyland-O'llrien Timber (cum div.) 18 4 — Tanngamutu-Totara 1 0 0 — O.M. Bunks (cum div.) ... 1 5 0 — Ward and Co 5 10 0 — Wilson's Cement, — 016 0 Inscribed Stock, 1938-39 .. 94 17 6 93 5 0 War Bonds, 1938 — 95 5 0 5 p.c, I'.O. Bonds 97 10 0 — OCSTOJIS KEVENOE. Ountoms revenue collected at tile port of Wellington yesterday amounted to £2940 14s. M. ' BANK OF ENGLAND RETURN. Australian-N2vr Zealand Cable Association. (Rec. November 16, 11.5 p.m.) London, November 13. The Bank of Entilnnd return l'or the week ended November'l2 is as follows:— IfiSPB DKFAnntEST. Notes Issued £85.903,000 Gov. debt... £11,015,000 Other securiNotes in ties 7,434.030 reserve I8,8l9.00:i Gold EG.moao. • • ±'10021.003 ±101,721,003 Banejno Department. Fioprictors' Gov. securimpital ...JEU.553.000 tios ... f4SiSb.CCO. Public do- Otlicr sccuri- . posits - 22,161,000 tics 73,617,000 Other deposits ... 103,760.000 Notes in Best, 7-day resorvo - 18,818,000 and other Coin in bills ... 3.102.000 reserve ... 1,716,000 £142.666.000 £112,666.000 The leading items of t':c Bank of England return ullord tho following comparison This wool: Lost week Last year £ £ £ Hnllion 86.272.000 86.203.000 73.678.000 Bese-V0 - 20.53i.000 SO.MO.OOu 08.003.000 Note Circulation 85.903,000 86,030.000 64.037.000 Public Deposits -22.lRl.00l) lO.tKU-GIH) 30,009,000 Other Deposits 102.760.000 100,663.000 138,704-000 Proportion ot reservosto 1 • • liabilities 16.43 la.SO 16.60 government securities. Following are lotos; quotations for Imperial and Colonial Government securities: .. This Last Stock Week Week Imperial Consols *** h % Si"w ar T^» U 01 D 0 62 U 0 3J >• Wfii Loan ... in '« 87 o 0 5J ii Aua.-Commonw th $)9 o u W U 0 64»^" s i, c f. , . n ,T nw ,' u , 1 an if 0 *su o o 4 „ K.S.W.IwJ JttU-Jlllj n n s ,| !U 0 «5 S 0 6017 6 5 " Ap |-'? l;t 60 0 6 6U 7 6 4 „ Vic. 1920 Jan.-July , J8 u(; no o 6 liVic. 1921-6 Jan.-July $ J S 6 is" o T, »S.O #110 0 3 „ Vic. 1929-49 Jan.-Jly - eB 15 u ti7 15 U „b.a. lsioJan.-July 71 u 0 7-2 0 0 3 „ S.A. 1916 Jmi.-July tiin n 6H 1(1 U 4 „CJ'l'd 1915-24 Jan.-Jly 111 J( ) q <u 12 ti JJ „ Q'l'dl922-47 Jan.-Jly t'f; 0 0 63 0 0 3 „ Q'l'd 1922-47 Jan.-Jlj 00 10 0 60 17 6 ' 4 „ N.Z. 1929 llay-Nov. 84 5 0 76 -J 0 3J „ N.Z. 1912-40 Jan.-Jlj '/l ]U (1 7115 u 3 „ N.Z. 1920 April-Oct. (il lu 0 61 12 6 3iW.A. 1515-35 Jly-N 1 75 u U 75 u U 3 /, W.A. 1915-35 My-Nor 71 5 u "TO iu u .3J „ Tas. 1920 Jan-July 7112 ii "iu u 3 „'las 1920-40 .lan.-Julj to lu 0 ft 0 0 ( Ex dividend. MONEY MARKET. Tho Bank of England disoouut rate, which had stood at 6 per cent, since April 6, 1917, 011 which date it was reduced from 51 per cent., was raised to 6 per cent, on November 6. ■ OPEN MARKET BATES. The open market discount rate for three months bills is 4ij per cent., ns compared with 4J per cent, last wok. mm 3J per cent, last year. Short loans arc quoted at 3J per cent., as against 3) per cent, last ween, ana ot Der cent, last year. COLONIAL AND OTHER PRODUCE. Wheat, and Flour.—Quiet; no Australian offering. OalK.—Firmly held. Peas and Ik-lns.-Stcody: uneuanged. Sugar.-Granuiuted, 665. Thcro is a strong demand for free susar. White Mauritius, on spot, 107s. THE ItUTAL MARKETS. Copper.—Spot. £100 17s. 6d. per 1,011; three months, £102 2s. 6d, Lead—Spot, £33 7s. 6d.; three months, £44 17s. 6(1. Tin.—£279 2b. 6(i. Silver—663 iper oz. standard. ABRAIIAH AND WILLIAMS, LTD. 'i'i>letrr:iph—l']-!Mfi. Automation. Palmorston North, November 17. At tho annual meeting of Messrs. Abraham And WillinmF. Ltd.. dividend of 8 per cent, for the year was declared. At nn extraordinary general meeting tollo\v« in*?, tho capital of the company v/as in,crcAsert to £3)3.0.)!) by tho creation of 50.0C0 shares of ilo cacb, 10,00(J of such shares being preference ahnreg, carrying Hie right to a fixed cuimilutivo preferential dividend at the rate of 6 per cent, per annum, and 40.000 ordinary shares of 1 £5 each, payable by 10a. on application,

10b. on allotment, and the balanco by calls of not loss than .£l. LONDON WOOL SALES. Messrs. Dalgcty ami Co., Ltd., arc in receipt of u cablegram from their Loudon ollicc, under date November 14, reading as follows:—"Wool sales opened very firm. As compared with last sale'H closing rates, prices for merino wools arc 10 per cent, to 15 per cent, higher, crossbred wools, lino quality, 10 per cent, higher, crossbred •wools, medium quality, 15 per cent, higher, and crossbred. coarse. 10 per cent, higher. English and French buyers are the principal operators, whilst American buyers are buying moderately, .Highest price is 110(1. for merino w.ools, scoured, and 83Jd. merino wools, grqasy." LONDON METAL MARKETS. Australian-New Zealand Cable Association, lltec, November 18, 0.15 a.m.) London, November 14/ Copner.—On spot, £1M 10s. per ton; forward delivery, £101 17s. 6(1.; electrolytic ingots, £112; wire and barß, £117; best selected copper, £112 10a. Lead—On spot, £34 7s. 6d. per ton; forward delivery, £34 12s, 6d. Spelter.-On spot, £47 lis. per ton; forward delivery, £48, Tin—On spot, £283 12s. fid. per ton; forward delivery, £284 15s. Bar silver—6W. per oz. standard. RECORD PRICE FOR MAIZE. (lice. November 17. 10.45 p.m.) Sydnoy, November 17. A record prico is being paid for maize, namely, 9s. per bushel—Press Assn.