COMMERCIAL ITEMS

Dominion, Volume 14, Issue 25, 25 October 1920, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. Tho quotations on Saturday for invest-' ment snares were as follow:— Buyers.- Sellers. £ s. d. £ s. d.Inac. Stock (1939 and 1938) 92 10 0 - War Bojids (1939 and 1938) 9210 0- - . National Bank — 6 9 6 Bank New Zealand - 25 10 0 Union Bank ~..13 0 0 13 2 6 Ooldsbrough Jlort 1 18 6 — Well, 'frust and Lean — 6 6 6 Wellington Deposit 0 6 J — Auckland Gas (paid/ ... 1 4 9 — National Insurance — 311 0 N.Z. Insurance — 18 3 South British Insurance — 912 6 N.Z. Refrigerating (£1)... - 2 5 9 N.Z. Befrigerating (10s.) - 13 0 Well. Meat Export (£3l2s. 6d.) - • 49 0

Huddart-Parker (ord.) ... 2 9 3 2 10 0 Huddart-Parker (pref.) - 019 6 Union Steam (pref.) ... 019 10 — P. and 0. Def. Stock ... - 405 0 0 Auckland Trams (pref.)... 015 6 — Hikurangi Coal ..\..- —. I 016 6 Taupiri Coal (ord.) 0 17 6 -

j Westport Coal • 19.9 111 0 i Waipa Colliery • — 115 6 t Howard Smith - 2 2'6 i- N.Z. Paper Mills .• • - 114 6 f Parenga Kai'ri Oils — 16 9 i Ward and Co - 13 9 :• Wilson'B, Cement -- 016 6 '. CUSTOMS REVENUE. ,' Customß revenue collected at the port of ; Wellington on • Saturday totalled £4187 • Us. sd. I LONDON MARKETS. , ; Australian-New Zealand Cable Association, t (Bee. October 24, 5.5 p.m.) s London, October 23. Cotton—Liverpool Quotation for Ameri--1 can middling iipland cotton, November 9 delivery, 15.32 d. per lb. Barley—Australian Chevalier barley, Dc- ' cember-February parcels sold at 92:. to 935. > 6d. per quarter. 5 Jute.—October-November shipment, £50 : per ton. ■ Hemp—New Zealand hemp. October-Da-j cembcr shipment, £35 10s. per ton. } RuV'bor.—Fine hard Para, Is. 6d. per lb.; J plantation, first latex >i'cpc, Is. 6id-.j 2 smoked ribbed sheet, ■ Is. 3Jd. • Copra—November-January shipment, £54 ' 10s. per ton. ; Linseed 0i1.—£72 per ton, equal to sb; j 9!d. per gallon. Turpentine—l2ls. per civt., equal to 9s. 13d. per gallon.- [ .BANK OP ENGLAND RETURN. Australian-New Zealand Cable Asßociatinn. ', London, October 21. ;' The Bank of England return for the ' week ended October 20 iB as uuder:—' t Isruk Depabtmkkt. . Notes issued £127.054,000 Gov.-dcbt... £11,015,W0 • Other secui'i- ! Notes in tics ■■■■ <).: 7.454.0Q0 ' reserve 13.073-000 Gold 121.678.000 L fu0.i27.000 £140.127.000 Kankiko Department. . Proprietors' Gov. sccuri- , capital ...£W.DS3,OOO ties ... XSI.6-20.000 Pabliodo- Other securi- , positß ... 16,039,000 lies ...• ... 83,679.000 Other deliosita ... 125,846,000 Notes in 1 Eeßt,7-<lay roserro - 13.073,000 and other Coin in I bills ... 3.127.000 reservo ... 1.172,000 £160,044,000 £160-044.00 Thu leading items of the Bank of England' return afford the following comparison:— ■ This week Last week Last year Bullion ; 121 678.000 121.671,000 86,247,000 t Reserve ... 14,545.000 14.461.000 23-078,000 Note Circulation 127.054,000 127.123.000 83,413.001 Public Deposits 16,539,000 18,201.00.1 22.410.000 Other Deposits 125.815.000 123.971.000 114,707-000 Proportion of loscrvos to liabilities 10.21 10.18 13.75 GOVERNMENT SECURITIES. Following are latost quotations for Imperial and Colonial Government securities: sto k This Last sIOCK Wcok Week .-., . , ,r, . £ B. d- £ s, d, i\% Imperial Consols i 5 6 0 93310 0 n " War I*an 84 17 6 81 15 0 Jl,. War Loan 81 5 0 81 5 0 61 „ Auß.-Conimonw'th 05 10 0 96 15 0 6J „ AU6.-Commonw'th 06 15' 0 9S 0 0 i „N.8.W.1933Jan-Julj 73 17 6 74 0 0 i „ N.S.W. 1525 Apl.-Oet 6 <j 7 6 62 12 '6 5J 8 X.RW.1930-50Ja-Jy m n 0 60 0 0 H.. N.S.W. 91 15 0 95 0 0 6i..N.5.W. 10112 6 104 15 0 3j „ Vio. 1921-6 Jan-Jly S3 0 0 £2 0 0 3J „ Vio. 1929-49 Apl.-Oct 55 0 0 58 0 0 3 „ Vic. 1929-49 Jan.-Jul ui 10 0 61 15 0 J! „ S\A. 1939 Jan.-Jly 66 15 0 67 0 0 3*„5.A.19i6 Jan.-Jly 49 D 0 40 5 9 4"„QTd1915-24Jan.-Jly 84 5 0 66 0 0 {j„QVdI922-47Jan.-Jly 60 0 0 62 0 0 3J„QTd 1930-50 Mar-Au 05 0 CD 5 0 0 3 „ O.'l'd 1922-47 Jan.-Jl; 40 2 6 51 0 0 4 „ N.Z. t929 May-Nov. 81 15 0 62 2 6 31 „ N.Z. 1912-40 Jan.-Jly 66 10.0 66 17 6 3 „ N.Z. 1920 April-Oct. 67 2 6 57 7 6 3J „ W.A. 1516-35 My-Nv 68 12 6 68 12 6 3 „ W.A. 1915-35 My-Nov 66 2 6 66 0 0 3{„Tas. 1920-40 Jan-Jly 67 0 0 67 0 0 J „ Tas 1920-40 Jnn.-Juij 61 0 0 61 0 0 MONEY MARKET. The Bank of England discount rate, which had Btnod at 5 per cent, since April 6. 1917, on which date It was reduced from 6} per cent., was raised to 6 per cent, on November 6. 1919. and to 7 per cent, on April 15. 1920. . OPEN MARKET RATES. ■The open market rate for three months' bills is 6| per cent., as compared with 63 per cent, last week, and 4J Inst year. Short loans am quoted at 55 per ceut. as against 5J per cent, last week, and 33 per cent, last year.