COMMERCIAL ITEMS

Dominion, Volume 13, Issue 294, 6 September 1920, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. Prices for investment shares on Saturday were as follow.- Fc „ ers _ . £s.'d. *«. d. National Bank - 61^. 6 Bank New ?"utii Wales... 34 2 6, Bank New Zealand - .(. « » 6 Union Bank "« » Abraham and Williams 6 0 0 - National Mortgage •• - ». u u ■Wei. Invest. T. and A.... 0.11 6 - w,>\ ])»« ... 0 8 9 -- South British Insurance )U f 9 15 0 Colonial Sugar (Ana.) ...26 0 0 27 0 0 Col. Sugar (N.Z., Fiji)... 22 0 0 N.Z. Kefrigeratine (10a.) 14 0 - t Woll. Meat Exp. IfM 65 0 —. W"ll. Meat Exp. (£5 12s. Mi ;.. 4 7 6.. ■ — Huddart'-Parker (ord;)'... 216 0 216 9 Howard, Smith - 2 7 0 -n--n iHi«n (pref.) 7 So , Waipa Coal OH 6 016 0 V«tnort. Coal . •■• - Iu \ Woptport-Stockton (ord.) - 0 9 0 fceyland-O'Brieir 1 M 0 - ■m,npln"d ""'1 0 110 0 — Parenga Oils, (7s. , - 0 10 9 ■ > ")■■ \ EXCHANGE RATE 9. •' Außtraliin-XcW Zealand Cable Association. :■' (Bee/ September 4, 5.5 p.m.) ' London, September 2. ' Ewhanee rates on London are vaate&veSS?"S franca to i ! 1; Stookhom,l7.l kroner; Qhri.Manta,.KJ7 tywsg?& i<ft dollars: Now York, J.56J-dollars, yai- . cutta! S to rupee; Yokohama, M to yen.

LONDON PRODUCE- MARKETS. (Rcc. September 4, 5.5 p.m.) ',-.■' London, September 2. Wboat.-Q.uict. Australian jmrcels, on passage, 96b. Floiir.-In good demand Beans—Quiet. Peas.—Steady. Sugar-UnchaiiEcd. New Canadian' Chcese.-1565. to 1625. cwt. (Rcc. September 6, 0.10 a.m.) London, ScptembeE 4. Cotton-September shipment, 18.76 d. per Sultanas-Firm: unchanged. . Jute-Firm; September shipment, £49 per Hemp-Quiet;, August-October shipment, £53 per ton.V. ' , . .. „ Rubber-Para, 21 d. per lb.; plantation, 20 J-Bd.; smoked, 19d. Oopca-Pirm; Sentember-Noveniber shipment, .£sl 103, per ton. Linseed Oil—£Bo per ton. Turpentine, 140s. 6d. per cwt. UNION BANK OF AUSTRALIA. (Rcc, September 4, 5.5 p.m.) London, September j, ■'The Union Bank of Australia has declared an interim dividend of 40s. r.er share, with a bonus of 12s. / BANK. OP ENGLAND RETURN. Australian-New Zoalend Cable Association. (Rec. September 4, 5.5 p.m.) London, September 2. The Bank of England return for the week ended September 1 is as under:— ISSUE rjEPAIITMKNT. Notes issued£l26o33.ooO Gov.debt... jEII.OIS.OCC Other sceui'i- ' Notes in ties 7.W4.00C reserve 13.456.000 Oold 121.552.0CK f140.001.000 i-140.001.00l BiNBIKG DEPABTirr.NT. Pioprietove' Gov. securicapital ...fH.533,000 ' tios ... £57,408.001 Public de- Other Eocuri- ' posits ... 16,433.000 tios 75.tJG7.0CK Other do- . posits ..: 113.340.000 Notes in Rest,7-d«.y ' reserve ... 13,405,00( nniothor Coin in ■• bills ... 3.548.000 reserve ... 1.531,001 jE147.874.000 . ±'147«4.<XX The leading items of the Bank of Eng land return afford the following com parison:— ■■'... '■■ This week Lnstweeli Lastyeai Bullion ... ...121.552,000121533.000 66,215.001 Bcsorve ... 14.099.C00 16.585.000 25.tXX.00i Noto Circulation 126.633.000 124,894.000 K).108,00( Pliblio Deposits 10,433.000 15.364.000 24,51)5.001 Other DopOßits 113.340,000 100,591.000 102.314.00 Proportion of . . reserves to - ' liabilities 11.66 . 14.30 ; 20,37 GOVERNMENT SECURITIES. / ' Following are latest quotations for Im perial and Colonial Government securities

~ - ~ ~ ~~ MONEY- MARKET. The Bank of England discount . rate which had stood at 5 ner cent, aince Apr! 5. 1917, on which daite it was reduced Iron 51 per cent..' was raised to 6 per cent. «i Norember 6. WW. and to, 7 per cent, oi AiJril 15. 1928. , ' ~OPEN MARKET RATES. The open market rate for three monlhi bills is 65 per cent;- as compared with I per cent, last week and 3J per cent, lae year. • Short loans are quoted at 5$ to 5j pe cent, against 5J per cent, last week and i per cent, last scar. ,

' c, i This Last 1 Stock Woek •Week JE V (1. JE 8. (!• !J% Imperial ConEolt 4515 0 46 5 0 6 „ War Loau , 61 15 0 84 17. 6 JJ„ War Loan *■ . 8115 0 81 17 6 " 61;. Aui.-Conimonw'th 95.15 0 0615 0 61 „ AuB.-Commonw'tU 96 10 0 95 12 6 i „ti.8.W.1933 0an-Julj , 75 15 0 75 10 0 Jl ft S.8.W;1930-50Ja-Jj 62 15 0 63 15 0 S „ N.8.W.15S5 Apl.-Oct 60 10 0 60 10 0 4 „ Vio. 1920 Jan-July m ir> 0 100 0 0 31 „Vio. 1929-49 Apl.-Oct ' 83 10 0 83 10 0 31 „ Vic. 1921-6 Jan-.lly 08 5 0 .58 2 6 3 „ Vio. 1929-49 Jon,-Jul 6115 0 62 0 0 l' 3J„8.A.1916Joll.-July 67 0 0 6617 6 ■ 3 „8.A. 1916 J&D .-July 49 15 0 49 2 6 4 „QTdl915-!!4Jai).-Jly 67 0 0 87 7 6 !J,.Q'i r dl922-47Jan.-Jly 64 0 1 81 0 C 34 „QTd 1930-50 Mar-'Au/ 94 0 0 94 0 0 3 „ Q'l'd 1922-47 Jan.-Jl; 54 2 6 6110 0 4 „N.Z.1929May-Nov. 84 15 0 84 10 0 U „N.Z. 1912-40 Jan.-Jly 67 5 0 67 7 6 3 „ N-Z. 1920 April-Oct. 57 6 0 58 C 0 35 „ W.A. 3S16-35 My-Nv 70 15 0 70 15 O 3 „W.A.19i5-3!>My-NoY , 66 ; 0 0 68 5 0 31 „ Ton. 1920 Jan-July 67 5 0 67 0 0 J ..Taa 1920-40 Jan.-Juli -61 5 0 6110 0