COMMERCIAL.

Dominion, Volume 2, Issue 589, 18 August 1909, Page 8

COMMERCIAL.

.:/';.:••_ •■,■:.' ;■ INVESTMENT SHAKES. .- ; .". - ' -V. '.Tho \transactiohs recorded yesterday: wore:. National 'Bank,-at £5 Bs.; Gear Heat,:£l;paid,'; at £2 125., and New Zealand Drugs at £2 75.: Dank of New Zealand shares were in'domand at £9 -Is.; National Hank, sellers £5 Bs. 6d.j Wellington ..Investment, sellerß. 11s. 9d.; National Mortgage, sellers £3; Auckland Gas, buyers! £14 155.;: Ohristchurcli Gas, buyers £9 55.; Feilding Gas, buyers-£1 Os. 9d/; Gisborne Gas, sellers £2 125.; Palnierston North- Gas, sellers £7" 155.; HoMtika Gas, sellers JES 155.; National Insurance, buyers £1 Bs. 9d.; South British Insurance, buyers £2- 12s.;.sellers £2 14s.;:'Standard Insurance, sellers £1 3s. 3d.;: Christchurch Meat, buyers. £10 10s.; , Meat;, Export, third issue, sellers: £2'.185.;' New Zealand Shipping,':buyers £6 195.;. Wellington Woollen,'buyers £2 195., sellers, £3; Taupiri Coal, •sellersi-.£l ; 'oe.. 3d.; Westpbrt .Coal, sellers £6 ■ Ks. 6d.; .-Westpprt-Stockton, sellers 7s. .3d.; Leyland-O'Brien Timber, sellers 2Zs. .3d.;.. New; Zealand < Drugs, • sellers £2 7s. 3d;; Ward and Co.;, brewery; shares, buyers £4 7s: 6d., sollers;£4.lla.;'. Bharland's; ordinary,' sellers, £1 Oa. 6d.;. preferonce, sellers: £1 Is. 6d. •:■' ■': : , . ';;.-■ '..'.: :y. •;; ' .'• I ••...••; ;.:.;;___ ':. ■•.■..'.■ " ■-•'■.■ ,' 1 v>. 'THE FEQZEN'. MEAT MARKET. . !'"'■'■'-' The 'slump inv frozen- meat during, the past two months has caused .considerable concern,' but' when .carefully * examined, 1 ; it -is only lamib that' has suffered seriously,, while some grades of •mutton ..have •' advanced, ..: Comparing .the. prices of mutton on June 13, and at latest date, wo, obtain the following:—..■■'. !■•... •■/■■■■■'■■'■ , V'...'... '■'. ■.■..■■.■'-';' ) : '■ :'• JunC.l3. Aug. 15. ; -.Canterbury,. light ....1........;...... •38 •, -,' ~ 211-16 ■• .Canterbury,-' medium ;.........,.... j> : ■■ ■ ; v,23 ;. ■Canterburj-i.'heavy .•......;...;..,...". 25-16 . \2g■ .;■ ; ;^North "lsland, best ■■.••.■.•.....i. 1 ..;....'.-21' - :.■ 29-16 - i,.' North Island,'.ordinary';..:........ 21.. -,:', 2 5-16 . • Australian,; light. .1....,......;;.;....; 21: ■~'-i , . ;2Wf., ; heavy ....1:...;........ 25,,::'..- 2W6 ■-i'jEiver , Plato,/1ight. i.^.: y ,::....i... U>'EiyeW Plate,';heavy'.::d::. ; ;.:V:.^;.24^v ; -32J;;:;; Heco'it ; wiir be-seen that Canterbury, .light,:'is U-16d. lower, and :medium Id.: lower, while' both classes of 'Australian are-lower-by one-sixteenth of aponny.-.VKivor. Plato.mutton is unchanged, while Canterbury; heavy,- and both' grades'of.; North- Island j mutton are higher.; by , one-six?', toenth of ; a: penny. .Trom-this .'it .would: appear that '■ the: downward , trend of. values.' :hag been arrested for the time being.--;.. ,■' -' '.-r. -, ; ,;.'.',.-/. The depreciation in the value of lambs. Iβ muon irioro 'marked,: and, all vclaoses- have; suffered, Canterbury sorts' ;registering 'the heaviest' deolirie.,.,■ Tho ; ;.comparison 'is■ ■ as';■.under:— :•.■■;.;.■,';- ■:■ . 'Avp' , -;.' ■;\t:"- : ; ;"'.. 1 '; ; : .:,". June,i3;.Aug:Jis.; ta'mb4-- i -:^; l ' l .v , ..;0ant0rbary,..1ight;.:.'.'..1..i'.:.,;;...j....;-43 ..;\ .31;', ~ .:'•:'Canterbury; --medium ~!..:..;.."...,.. .43-16 ;.;;3. .';.■■ :'-, Oanterbury, .heavy :;..:.;.;... V V...;. : . 3 11-16 .:,...23 ■:.■ V.',.'.S6i»tliland.-.-:.;::.i..'.:.'..-..:-~...~:™.~y....:.4 -;A A-ji \ ■ "'■/■North Island, 4-.',; •_; 3W6;; '■ i-North Islands ordinary ■:;.:.;.......: 31,.<.:j.;:3 ',: ;■ ■; .Australian, r best\ ■./...U..:m.;.;...;.. ::;3| ;;•:; 4 23-.:, v Australian,:. fate-:.:..;:..!;.:;..;....::..^ 31.-;:;:^2i-- ; «;'• Australian, inferior- ■..;.............;.>3J ■;:,<;. 'J : '.'.'■.■. . ; Plato : ■'!.- A;■;v!^ , ;'• ' Witli'respect, to,beef,"if..is. only.hindijuarteri , that have; fallen.f.in<,lvalue,•'. as.ritho' following;; Will,; Beef— i : .--:'"-'•■■•':■'■>••■■■.'"' ■■•' : '■•■',' "■'■'■ ' '■'■ •: ■ -' : ] i-- : "'' '■■■ d. •" : : ;1^N.Z.Vi0x.'f0re5r : :r.;....^.1;.^...;;:v.,,:.':235'>;;:. 1 : 2g--_-V:-"i (■?■''-N;Z;;•'ox/Wnds.".;:. , .;..'.;.-...'..'..'..'. , .-..... : -, § \:\ . '■:•' ■■.AuetraHanitfqres.'i^.'-..'..;-..™..'.'- M\;-'■■ Y : M •■'■;'; ■•;■.!Australian,: hinde • ..;.;..v.'.™;;.;;». v ;j1.■,•.■.: ■•':',»».■ ; , .i'iEiver::3'late, ; ifores:.;.....u.;...U.:....2! :v 2 3-16-f3;.. : ■[■,■:■ 3.1 >:■ ..;. It" ;, i3isomewhat^^singular':that',the'.'better of 'mutton/ all classes: lamb:' : and. hindquarters df-bedf ehou'ld- show such marked, depreciation, while thp:.l6wor:erades ; .hayo>cither:.moved';upi wards : or'at imost exhibit a;small ■ehrinhage.' ,• it; would" appear.:- from" this is'the.;'middle classes ■ and.not ! ;tho.:-;wdrking:;Olas3eß.'wno are feeling the4depreEsion most/ It is' the consumera, of;lamb'anil nrst,. duality mutton nndjbeof jvho are unable: to-'"maintainvtheir- consumption ; do; TOanda. 'Af;tho: market, prices; tlicir ruling Noirth; Island-mutton :was.lO6t'year:,worth; IBs,. -Id: .por ; c'arcass-ofvs6lb;.;,that was:,tho.whelesale ,pnco at SmlthflDld, : to-day ' the .same" : finality ' .mutton. is-making■lls.llJidii ia.-fali: of ;6s. l ; lidj;;per;carcass; -': : - It; is: no;. ! wonder.. Blicop-farmcrs ; ■ ,aro; ( ■alarmed. : A-year^'ago'a.North Island^,36lb;Jamb;; realised 15s! 9d.*'iu : Smithflld, tho..saino: gra'do; h ; now worth about 95.'i2id.,.-a,difference. , o,f;6s,., eja;;. rv,-; , ■.:■"■ i;y\', -:;■'.';" : ':!->i.K*yp'~K^^ '!'diistoms' revenue , , collected/at .WelliriEtoh!'y,es-J tov'£lß2o ;95.-'7d. l/ ';;.J|^! :^'-;y' ■^:J^v^ v f;?:i-;'frixyir-STop^\SA±jES --'Messrs: Daigety-and.' Co.ViLtd.,' report.las'.follows :-At ■'■ our Martbn" sale yesterday; there, wa.3.' a'fair entry of:sheep':and.;battle. (£2; : .21-year.rsteers,'. .'£4 S 25.; 6d.; cull. hoggets,. 7a, 6d.r:ompty :; ettca,.lob;;" aged owes.- in-.lamb, -9s: ■2d.;'mixed hoggets.;los. ; -6d., 10s, :5d.:.t0;.105.9d.; !fat.>ewesi: light; i2s. i jldr;jewo,hoggets;' 135; ! '4d..;; ; ' iMossrai Abraham and '.William's: report-'on- their > ■ Johnsonville:sale,' hold ...yesterday, 'as follows igood-, entry of 'prime 'sheep: and-, •forward;' and 'sold at late .rates. , -~ Best-..bullocks, :, £8-10s.t6£8 12s. 6d.;ilighter, £8:55., equal t0,;215., por - 10.01b.; eztra prime wethers, 18s.r 6d.;:|pnmo [wethers. , l7s.to 17s. 6d.; 'plain wethers;:l4s.; prime. [ptfesi;'lss., Bd.; good owea;; 14s. 4d.v.'\ ( ; ; V ■,;' p.t[ ; ■ ,•■ fc&r, ■';' .^o'.^p^^^■■^v■ :^;i ;■; 'M^' , -V^;.-'"•V^ , ;'";''' ; ';': ''' llontion, ':Angußt^l6i :: ; 'The total quantity■ of wheat 'and' flour, afloat, i'for- tho United- Kingdom'is'2,24o,CoO quarters, 'and-for'.the Continent 1 .1,389,000, 'Atlantic shipments' 129,000 quartre. '' 'Tho , '- tetalVship'mentsVtd' Europe during,, the weelcwere 92.5,00Pq'uar , eluding-50,000 irom:the; Argentine and-.Uruguay.;