COMMERCIAL ITEMS

Dominion, Volume 13, Issue 69, 15 December 1919, Page 14

COMMERCIAL ITEMS

INVESTMENT SHAKES. Ou Saturday sales of New Zealand Refrigerating shares, 10s. paid, at 245.' and 245. Id., wcro reported. The quotations were as follow:— 1 ' Buyers. Sellers £ 8. d. £ s. d. Inscribed Stock, 1938 95 0 0 — War lionds, 1938 95 0 0 War Bonds, 1930 ..., 95 15 0 — National Bank — 613 6 Bank N.S.W — . 3412 6 Bank N.S.W. (rights) ... 13 7 6 — Bank N.Z. (£6 13s. 4d.) ,1412 6 1415 0 Abraham and Williams 55 0 >590 Goidsbrough Mort 2 6 3 2 7 6 Equitable Building 1 9 2 6 — Metropolitan Building ..1113 6 — Well. Investment' 0 )0 7 — Trust and Loan 6 2 0 — Well. Gas (£10) 10 15 0 — National Inßuranco Jls 9 — N.Z. Insurance 111 6 — N.Z. Refrigerating (10s.) 14 1 14 6 Meat Export (525, 6d.) ... 3 12 6 3 19 6 Gear Meat (£1) 8 10 0 Adelaide Steam — 212 6 11,I 1 , and O. i)ef 610 0 0 Mosgiel Woollen 6 3 6 — Westport Coal — 1 11 3 Kauri Timber (155.) — 0 17 6 Colonial Sugar 'Fiji) ... 20 10 0 — D.I.C. (prof.) 110 Golden liny Cement 110 — N.Z. Paper Mills 110 3 — Shiirlaii'.l and 00. 1 15 0 — Ward and Co 5 10 0 — Wei! Cordage 110 — Vhitcombe and Tombs ... 7 2 6 — Wilson Content — 015 4 CUSTOMS REVENUE. Customs rcvenuo collected at the ,port of Wellington on Saturday amounted tfl £4212 sa. BANK OP-ENGLAND RETURN. Australian-Now Zealand OabH Association, (Ece. Decombo ,14, 5.5 p.m.) London, December 12. The Bank of England return for tlio week endod December II is ns follo.vs:- ' Isrce Department. Notes issued £88.584,000 Gov. debt— £11,015,000 Other socurlNotes in ties 7,434,000 reaervo 20.164.00n Gold 90.290,000 i 108.718.003 *108:748,000 Department. Proprietors' Gov. seouricapital ...£14.653,000 ties ... £77,305.000 Public do- Olhcrsecuriposits ... 20.174,000 ties 77,074,000 Other do- • poßits ...137,654,000 Kotos in Rest, 7-day reserve ... 20,164,000 and other Coin in bills ... 3.494.000 reserve ... 1,372,000 . £175,015,090 £175,915.000 The leading items of tho Bank of England return afford tho following comparison :— This week Last week Last year £ £ £ Bullion ' SO-299.000 00.303.000 77,132.000 Reserve ... 21,530,000 22.108.000 28.672.0iXt Note circulation 83.681.000 68.134,00:1 67,608.000 Public Deposits 20,174.000 -20.1514.000 27,418.000 Other Deposits 137,604.000 146.633.000 152,190.000 Proportion ot resolves to liabilities 13.73 . 13.21 15.69 GOVERNMENT SECURITIES. Following are latest quotations for ImI perial and Colonial Government securities:

The .Queensland loan in rrpnynblc within 1930-50, 011 c instalment of 3(i per cent, paynble nl llii! beginning of February, and the final of 50 per cent, at the beginning of March. A half-year's interest ia puyablo on August I.—Aus.-N.Z. Cable Assn. MONEY MAHK3T. The Bunk of England discount rate, which had stood at 5 per cent, since April 5, 1917, on which date it wan reduced from 5* per cent., was raised lo 6 per cent, on .November 6. OPEN 3lA.it If KT JtATIiS The open inurliet rate 'or three Ji-onl)ih' bills is 5 9-16 per cent., as compnrcd with 53 per cent. last year, nnd SJ per cent, last year. Short loans are '.juoted at per nut., as against 13 per cent, last week, nnd 3J per cent, last year. TOII BIOS EXCHANGES. E.\changcs.--Oii I'aris, francs, J2.95 140.15); ■Stockholm, lirener, 18.05 :17.85); ('hrintiuiia, kroner,»l9 (18.6' l); Calcutta, rupees, 275 (26 l.i-161; .Montreal, dollars, 4.01 (4.09); A'cw York, doilaru, 3.71 (3.10).

COLONIAL AND OTHER PRODUCE. Australian-New Zealand Cablo Association. (Rcc. December 14, 5.5 p.m.) London, December 13. Wheat-Steady; there arc fair sales in Australian or on passage cargoes nr.d steamer parcels, including the Erfurts ten thousand tons, at fils. per quarter. Flour.—ln good demand; fair allocations of Australian were made, selling at 465. 3d. Oats-Quiet arid etoady. Peas.—Firm; hew Zealand maples, K„b. to 150s. Beaiiß.— Steady. Sugar.-Unchanged. LONDON WOOL SALES. (ltcc. December UL 5.5 p.m.) London, December 15. At* tho wool sales competition was well Maintained. Continental buyers being more active owing to the improved rates of exchange. Alt sorts wore firm except for some irregularity in short faulty lots. In Bradford tops tho market for merinos and lino crossbreds is Arm; medium and low qualities .are rather lrregular.-Aus.-N.Z. Cable Assn.

qiock Tl "' 3 hlocli Wcolt Wook ti% Imperial Consols £ »• f s. d. 5 War Loan S IS' 2 B 3J„WnrLioau 2 S 22 5 0 61 Aua.-Coiumouw'th ® 5 0 5} „ Aus.-C'ommonw'lh ;S ,9 j> 10 0 i „K.a.W.1933 Jan.Julj §'}? ® " 3j r , $.8. W.1930-50 Ja-Jy ™ » ° ° ° J „ N.H.W. 1925 A pl.-Out '&.® ° '8 10 0 4 „ Vic. 1920 Jim-July $ » ° ■ * « ;3J„Vic;i9MA|>1..0ct ° »J ° ° 3i „ Vic. 1921-6 Jau-.Tly K ° ° ° n ® ° 5 „ 1929-49 Jan.July ° 0 « ° ® 35 „>S.A. 1916 Jau.-July 69 0 0 69 0 0 .■ 1 „S.A.1916 0a».-July S S ! , 4 „C).Td 1915-24 Jan.-Jlj S is n m lO n Jj„QTdl922-47.T«,,...TI.; $ ' 0 J J 1 35 „QT(11930-50 Mar-Au, jj J n ® ,° 0 ° '3 .. Q't'c! YJ2/A) Jan.-Ji) f/j ]-, q v) ]7 k |...NfW 51ay.N°v e$ li » 6 35 ii N./J. 1912-tO uan.-Jly 08 17 li M 7 6 . 3 „N.Z.1920A],nl-Oct. moo 6 00 35 „W.A. 1915-35 My-Ny 74 15 0 71 15 0 3 ,, W.A. 1915-35 My-Nor 70 12 li 70 15 0 35 „ 'J'as. 1920 Jan-July 68 10 0 69 !i 6 J .. Tasl923-<IO.T«n.-Julj CS 10 0 68 0 0