COMMERCIAL ITEMS

Dominion, Volume 14, Issue 48, 20 November 1920, Page 12

COMMERCIAL ITEMS

INVESTMENT SHARES. Tcß'crdnv'B quotations fnr investment shares wore as follow:— [hirers. Hellers. £ s. d. .£ s. n. Inscribed Stoclt, 1939 ana 1038 — 91 5 0 P.O. Inscribed ■ Stock, 1929 — 94 0 0 Bank Australasia — « » " National Bank — ; g J Bonk New Zealand 24 5 0 -24 15 0 Union Bank 12 11 0 Q 12 A (l Abraham and Williams . ( on i) 510 0 — Equitable Buildinn ...... - 10 0 0 Wellington Investment... 0 11 6 0 12 G New Zealand Insurance - 1 8 li South British Insurance - 8 15 0 N.Z. IlefrieeratinjT (10s.) 1 1 J 1 2 0 Huddart-l'arUcr lord.) ... I 6 0 2 8 0 Union .Steam (nref.) — 1 0 9 Well. Woollen (ord.l — 10 10 0 Well. Woollen (pn-f.l ... V 10 0 - Westport Goal (ex-dlv.) - 1 10 0 Waipiv Coal - 015 0 Tarincramutu Totara ... 1 3 0 — Eclipso Petrol (£1) - 017 0 fllaso Debentures ■- 1M 0 0 N.Z. Drug ~ J » Wilrarana Farmers (£5) — V X Well. Opera. llouso lord.) - 4 0 li Wilson's Cemep.t 0 '6 1 1 CUSTOMS REVENUE. Customs revenus collected at the port or Wellington ycßterday totalled £13,626 Is.

IIEtiBOUHNE HIDE SALES. Rr Telegraph-Press As»oolatlnn--Copxrlfflit Melbourne, November 19. Fair supplies of hides were offered today, and there wa:> a good attendance of bu'yera. Ton Grades were sliEhtly easier; other aorta unchanged. AUSTIIACTA"N PKODTJCE. Melbourne, November 19. Barley, English. 7s. per bushel; Ciipe, 6a Oats. 3s. per buihcl. Potatoes. £9 to £11 per ton. Onions, £12 per ton. THE PRICE OF GOLD, Australian-New Zenland Cable Association. (Rec. November 19, 9.30 p.m.l London,' November 18. Tho price of gold is £5 17a. ?d. tier ounce. The United Slates is taking tho moderate amount available. EXCHANGE KATES. (Bee. November 19, 9.30 p.m.) ■ London, November 18. Foreicn exchange rates on London wo ouoted as follow—Paris, 56.80 francß to *1- Stockholm. 18.15 kroner; Christianity 1tf.87 kroner: Calcutta,' 19}(1. to rupeti; Yokohama, J5Jd. to yen; Montreal. J.H dollara to £1; New York. 3.50 dollars to £1. LONDON MARKET REPORTS. (Kec. November 19. 8.30 p.m.) London, November 18. Wheat—The market is oiiiet. Flour.—The. demand is slightly better. Oat,).—A weak demand. New Zealand A grade Gortons are quoted at 535...ex Btore. and B erade at 51b. Peae.—Prices are tending downward. Tasmanian blucß, £24 to £25 per ton; New Zealand, £23 to £24: Tasmanma and New Zealand maples, 150 a. to 'ICOa. ner 5041b., all ex store. Beans.—The market '.b dull. New Zealand, 85s. to 90d. Sagar.—Prices aj» unchanged. BANK OF ENGLAND RETURN. Australian-New Zealand Cable Association. (Rec. Wovember 19. 9.40 p.m.) London, November 18. The Bank -of England return for the week ended November 17. ia aa under;— • Issue Dr.rjiimiKNT. Notes issued JE127.EG9.000 Gov. debt... £11.015,000 Other aecuri- • Notes in ties 7,434.000 reserve ■■ 12.852.000 Gold 121,972,000 £110.421.000 v ±'140,421,000 IiAKJIKO DEMMMENT. Proprietors' Gov, securicapitai ...£14.653,000 ties .... £63,786.000 Pi 1111 i c tie- Other securi* posits ... 19.603,000 ties ....•... 76.166,000 °posHs 0 '... 116,279.000 Notes in Rest, 7-day reserve ... 12,852,000 and other Coin in bills ... 4.311.000 reserve ... 1-748,000 £154,552.000 £154-552.000 Ihe leading items of the Bank of England return afford the following com-

parison-.— This week Laatwoek La6tyear £ £ £ million 121-97-2.000 122.740,000 66,307.000 Reserve - 14.600.000 14.079.000 20.783,000 Note Circulation 127.569.000 128.818.000 .><5,676.000 Publio Doposits 19.600.000 19,816.000 23.258.001 Othor Doposits 116,279.000 112.470.000 95,324.000 Proportion of reserves to 4 liabilities 10.75 10.64 17.^0 GOVERNMENT SECURITIES. Following are latest quotations for Imperial and Colonial Government securities;

- MONEY MARKET. The Bank of. England discount rate, which bad stood at 5 per cent, sioce Aprn fi 1917 on which doite it was reduced from 61 per cent., was raised to 6 per cent, on November 6. 1919, and to 7 per cent, on April 15. 1920. OPEN MARKET RATEB. The open market vate for three months' bills 1b 6? tier ccnt.. as compared mth o3 per cent, last week., and 51 last year. Short' loans are quoted at 4J .percent,. as against 54 per ccnt. last week, and 4? per cent last year. PRICES OF METALS. (Rec. November 19. 11.20, P.m.) London, November 18. Ponoer —On snot. £83 ss. ner ton; fit three months. £83 55.; electrolytic ingots, £9 £ad a -On £ »ot, £32 15s. ner ton; at Ijl ftL.ner ton! at Tir§n ton; at th sfl?-erTln' B ba^ 0, 503 d. ner ounce standard.

, Tills Inst Stock Y.'eek Week £ a. A, £ 8. d' S'i% Imperial Consols 4115 0 45 Q 6 6 „ War Loan 83 7 6 83 5 0 ' 31 „ War Loan' 83 6 0 83 2 6 6i „ Aua.-Commonw'th gt 12 ti 9) 10 0 61 „ Aua.-Commonw'th 96 10 0 9ti 0 0 4 „ K.8.W.1933 J in-Jul} 73 0 0 74 1 6 i „ N.S.W. l5i5 Apl.-Oct 63 0 0 C'J 0 0 II, N.8.W. 1930-50 Ja-Jy 60 5 0 60 0 0 53 .'.N.S.W. 0U0 0 05 0 0 6}.. N.S.W. 101 12 6 104 5 0 3i „ Vic. 1921-6 Jan-Jly e3 0 0 83 a 6 ai „ Vic. 1929-49 Apl.-Oot 56 5 0 55 15 0 3 „ Tie. 1929-49 Jon.-Jul 61 17 6 81 12 o 3! „ S.A. 1939 Jan.-Jly 10 0 66 17. 6 3i „ S.A.1916 Jan.-Jly, M 7 £ 40 5 0 4 „ Q'l'd 1915-24 Jan.-Jly 81 fi 0 83 15 0 54 „ U'i'dl9J2-.47 Jan.-Jly 62 0 0 62 0 0 31 „ QTd 1930-50 Mar-Aw 08 0 0 08 0 0 3 „ QTd 1922-47 Jan.- Jfc 48 16 0 4 'N.55. 1929 ilay-Nof. 81 0 0 81 0 0 31 „ N.Z. 1912-40 Jan.-Jly BS 17 6 f 3 „ N.Z. 1920 April-Oct. 67 15 0 57 5 0 31,. W.A. 1516-35 My-Nv 68 12 6 68 17 6 3 W.A. 1915-35 Sly-NoT 67 5 0 67 10 0 31 „ Tan. 1920-40 Jan-Jly 66 15 0 66 6 0 i „ Taa 1920-40 Jan.-Julj 61 0 0 61 0 o