COMMERCIAL.

Dominion, Volume 2, Issue 610, 13 September 1909, Page 10

COMMERCIAL.

INVESTMENT SHARES. ;bußlrießa>was ; done: oir Saturday, and tho • quotations ,woro restricted. Bank of Now Zca> - X land,: sellers £9 :6g.; ,6d.r.jWellingtbn- s . Investment','.'., buyera lis.; 1 >'• y.\ i'.sellora 149. N 9d.;\WellingtonvTrust-and ; Loan»-buy--.-<;-T-v.ers;l£6 Ms-, ; sellers ~£T -25.: 6d.; - FeUding Gas, •v' V buyers -•:?*. £1 • ls.j .• Palmerston . North Gas, sellers '45s.ji' Ohristchnroh. Meat, L buy-. .;-v-:v ors .: .£lO 103.: v New . Zealand Shipping, •:v-: , .r:;V i bnydrß';-^7s : 'WlingtonyWdblleii;\vbuyflrß-''£2 17s.' - . 6d.; Taapiri- Goal. 20s. ;v. •-3d.; ! Sharland's, pre* fellers / WOOL betiew.%:,' J kThe'i-Wool : .IfS^^t^!Eevife^,^-issue3«'iby : .!VthVV'N6w •■•'■; Zealand ' l Loan^and v; Mercaimlc/ Xtd.t'Vprovideaiiinrer . for^fall'.olsso' ciated; withvXthe^wobl\. , indtistry, :'••• covers. the jjeriodrfrom*- Julyliv ;19Q8,; (;o .tTupe/30, /;,>* 1909, and. it^.iS;-;stated-'.'that'• the steadicr .Vde.vmand. for' croasbred-'wo'ols, which we noticcd'. as .characterißiri^tnQf;l9oß'July series. ot' London -a; ; ' i. : ;salea;'vwas feature September

-i series ofiithat was no - quotable adfvance: tiutrlhe tone 'of the.;.market was better,c, while• old<Va't^cka'-Tand. frCShsupplies /•••'•' •;wero '.being . >Home'i'and •v u '.Continental trades .w^fe : >niot buoyant, but the'-;wortt of 'th 6; Ameri'crtni: financial panio was passing raway, l - and lrad6/iiri';the ': States • was recovering... At tho London - sales of De- ' cember, ';1908, prices'-made • on: -advanbe 1 on the .May to October-tatc's of about one :penny per pound ;all round;v ; i:,rvy, - - . VThis.'advance'-was'Anticipated ..! r ;,<'Novembor- and Decembbr sa4e6,<j,morel especially: -i: r for, any.-'clips atall- tlio 'American • buyers. v<During: tho 1 - present.-,yeiir the .-upward :• f-trend vof :;priocs continued, with {.the. May 'London., - ./. . sales,wlien 'top - rates wrtf l i:eached, represent- • ing on. the average rise of about 2d.' lb. . all-.round; from- the lowest- point of. the May V;- ' Balcß of tiho previous year. The . .wonderful feature, of ? tho market 'during the. past»,year. ; haß: - r.: . been- prices .paid' by..'American buyers V('lor -wools'suitable forthcir wants, and.it seems ..to -us. that, .while, stilldemanding:- well-skirted aijd . evenly-sorted - wools," thoy. .have not been, - as-in ; forpicr years, so exacting-as ..to condition and^flnefrquality^T'i-^ 7 ' l^^ '• ; -'The high rangeof obtaining at the • v/' London >May v sales Avas- not .' maintained ,at the; • July soiies of sales: good average -cr'ossbreds •dcclined'i.-abont. id., per 'lb.,': whllp the- coarse: ; inferior ' faulty, crossbreds,' which had ..'v.''fetched.from -7}d.vto 73d.; in May, suffered more ; any-; other sorts; .and .showed a drop of "about; lld.ipeF-lb^Visiblp^tocks,.a l t;Home ; iire; : is; not ihoavy,' and tho r . 'carryovcr'v from the 'July •s !'Bales:--is,,not:large,-r.solthat the position of the :M : marketvfor -' receiving the new-clip-is /airly ,/healthy. -Vindications : would cseem ,to point to a /;v' ; :sbund,?Btetfdy;;d6ni'ahd:;fbrybur i -forthcdininig'-<flip, - and "wo^rfoVnOt: sebv'any'fre'asonifor.<anticipatihg-.: : . • either \*'6lump % V'V6r -bo6ni -.pricqs 'during • the. ap- ..- seasoh^<'.->: : ::; : 'A B ' tho growing . popularity, of the! h local, sales ..for. quick, and advantageous realisa- ;_ tion• in',the Dominion,' we ..may - state that dur\v\- ing.* 19QS-9 5Qa50n,:228,356.ba105; were offered, and. ■ the'- bulkwas sold.• ■ This ■ shows an . inorease'' of!. r;43,026'■ on : the; 1907-8 season// Tho . offerings •;; : : ;in;>7eHington -.bales -in '.1907-8, ~40,413, .- bales m',1908-9, of.-which"4l",9s2 'bales 'were j-sold,"

«OaatoinS '' revenue .collected at Wellington on ■;r. ■ to': £1599 -165. lOd. ; .. /j ; \ (By Telegrapb.-Proaa Asfloclatlon.-ConjricbU "V"/ • '•V : :'''"V'-' I '-!'"'.-. ''-'v London, -Soptomber: 10.' .The Bank of -Australasia . lias declared - a-, diri•ydend cent.; and a bonus df'eight shiK -.lings 'perfshare-tqgether .'equal to -14' per cent.-or-'£2 16s.?jpor,. share. !;v-';. v r . / v , : sum'ir df '£50,000 is v added' -'to .' reserve, ■£12,000 off', the premises account and' £16,900 ) orw.id. . 1 , .' . vV .> i4 < COLONIAL/AND OTHER PRODUCE. ( : (Bj ;• .Telegraph.-Prest . AMoeratloa.^OooyrlffliMV. ; - Iv" v .\v* j; September .12/' 5.5."p.m.) : - - Londin, September 11.. •;.':Wheat.r-The..-inarket-;i3.flrinor;.;4lß.- to ,415. : 2d. ..'isbeing/*a&ked:.-for . Australian, off "coaßt, and 375. : 6d.v-.to3Bs* •' for' .new} crop; • .•'••••" \ ; Butter.rfßest. qualities 'are '.very, Ai.iew. New -.South -Wales .unsalted' sold at' 1143. _/;>•' V.; .•/,; :: .yHemp^ig^flrm'.-' - ' October-December shipments' > are •quoted 'at £25 165.~ per. > ton J c.i.f. ' . •' i ■ -•/Linseed;oil,"£26 15s. , v.v . -•• • ; • : Oopra'CisVnulat.' South Sea' is quoted: at-. £20.': / Rabbits.—There 'is an improving, trade, but : prices . •