COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 760, 8 March 1910, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHARES. No transactions were recorded in investment shares yesterday, and there were comparatively few quotations. National Bank, buyers £6 45., sellers £6 6s. 6d.; Wellington Investment, buyers lis., sellers lis. 6d.; Wellington Meat Export, £2 12s. fid. paid, sellers £2 16s. 6d.; New land Shipping, buyers £7 135.; Wellington Woollen, ordinary, buyers £3 25.; Taupiri Coal, sellers 19a. 3d.; Wcstport Coal, sellers £6 2s. 6d.; Westport-Stockton Coal, buyers 7s. 3d., sellers 7s. 9d.; LeylandO'Brien. Timber, buyers £1 3s. 6d;, sellers £1 45.; Sharland's preference, buyers £1 25.; Taranaki Petroleum, seller Bs. 6c1.; Ward and Co., brewery shares, buyers £4 155.; Whitcombe and Tombs, buyers £4195. ; ■ WOOL SALES. The London wool sales begin this evening, and the general opinion appears to be that values will, be maintained, if there is not an actual advance. The latest report from Bradford is that the market is quiet with prices firm. ' Merino tops show a hardening tendency. At the Antwerp sales last week very little business was . done, for out of 6475 bales offered, only 2036 were sold. Merino wool 'sold up to January prices, while crossbred was slightly easier. Apart from this there is nothing to warrant any fear of a setback; it is very likely that merinos will ■be firm, while crossbreds should advance slightly, say 5 per cent, for the most wanted grades. The clean-up wool sale at Wellington will be held on Friday, when the quantity to be offered will be about 2075 bales, made up as follows:— Bales. Dalgety and Co, ............ 700 N.Z. Loan . and Mercantile 500 Murray, Roberts and Co —.. 375 Levin and Co. 250 'Abraham, and Williams 250 Total , ; 2075 The wool to be offered is not of the best quality, although some. fine parcels are to be seen. - Customs revenue collected at Wellington yesterday amounted to £1349 17s. 6d. PALMERSTON MARKET REPORT, Mr.. Harry Palmer reports a fair : entry of pigs of . all classes at his Palmerston sale last-week. There was a firm demand, and-every line was sold' at improved prices! Porkers showed an* increase on last week's quotations. There was a very, heavy entry of poultry, and prices showed a decided increase, also a keen - demand for pullets, .which sold remarkably well considering quality and size. Over . .600 cases of .fruit were. marketed, and the whole disposed of at good average prices. The market for potatoes is firming—that is, for sound, prime samples free of blight. Onions are coming forward more plentifully, but arc-.'still:..holding at one penny per lb. Tomatoes have hardened in price; Quotations:—Pigs: Weaners, 3s. 9d., 45.. 55., ss. 6d. 65.; slips, 6s. 6s. 6d;, 7s. 6d., Bs.; stores,. 10s., 125.; porkers, 15s. 6d., £I', : .£1 3s. 6d. .Poultry: Hens, 25., 2b. 6d., 35.,-3s. 6d., average 3s;; pullets, 4s. to ss. 6d.; cocks,, half-grown, to prime. 2s. to ss. 6d.; chicks, 9d. to '25.; ducks., 35., 3b. 6d., 45.; geese, 2s. to 3si; hen and chicks. 35.; potatoes, 10s. to lis.' per sack; cabbage, 25.;-pumpkins, 3s. to 45.; marrows, 2s. to 35.; ..barley, 10s., lis.; wheat, 165., 18s.; oats, 10s. 6d.; pollaTd, 93. 6d.; pig potatoes, 2s.' 6d.; peaches, 2s. 6d. to 4s. 6d.; pears, 2s.- 6d.' to' i 4s. 6d.;' tomatoes, Is. 3d. to.2s;> 6d.; ; apples,. 2s. to. 55.. 6d., Id. to 2d. per lb.; cucumbers, Is. 6d.;,.plums, 2s. to 4s. \Sd. (last of season); quinces, id. to Id. per lb.jibacon, rolls, ; 6d. per lb. Clearing sales of sundries, Occidental Hotel, and on account* of Mrs. Highton Lombard, were well ■ attended, -and in 'enr.h case a total clearance. was effected .at prices satisfactory to vendors. .1 . . ANTWERP WOOL SALES. By Telegraph—Press Association—Copyright \ London, March 5. The Antwerp wool sales have closed. 6475 bales'.of La Plata were offered, and 2036 sold.;; COLONIAL AND OTHER PRODUCE. • ' . London,.' March 6. Wheat.—l4,ooo- quarters of Australian wheat sold at 395.,-. ■'.<• •' Rabbits.—Market firm. Large Sydney arc .• retailing at 17s. to 18s.; Melbourne? at 16s.' There-were large sales of Sydney February-March shipment, at. 135., c.i,f. ' ■Hemp.—Market dull. <" March-May shipment,: £24 15s. . . v -.:' : Kauri. Gum.—Jn stock,- 335 : cases. • Oopra.-rMarket' firm.-. - Large/ busiaws - has been done- in: South,JSea-in-ibags; >'at -£24., . (k>tton.-March-Ai>nl.vlshipment',. '7.79Jd; . ' METAL MARKETS.: ' ' ■ ' ■ • v London, March 6. Antimony,—£B ss. ' Copper.—On spot, £60 6s. 3d.; three months', £61 3s. 9d. > : - Tin.—On ;spot,. £149..' 10s. j three. months', £151 2s. 6d. ;: * •; ---!* ■ , -Lead.—£l3 ss.' .;. Galvanised Iron.—£l4 10s. and £14 se. : • , • MINING SHARES. London, March 6 Waihi Goldmining, buyers £9 13s. 9d., sellers £9 :16s. 3d.; Waihi Grand -Junction,, buyers 345. 4d., sellers ; 355. 7d. - • HIGH COMMISSIONER'S ( CABLE. , The Commerce and Tourists Division of the Department of Agriculture'<has received .thc'v.follqwing cablegram from theHifeli Commissioner,' London; ; There is' a better demand for mutton. Stocks on hand are light, and firmly ..held in few hands. The average price of Canterbury '.mutton .is\ 41 ; . per lb.;.North Island, ,3gd.';'. v , Tho'lamb market.is yery flrm.' and there is great competition' to' secure the moderate ! supplies : going . - Prospeots are rather more encouraging.- > Canterbury" is averaging sid.: per. lb;; ' and. other New Zealand lamb sdi':: ; v The beef market-is r quiet but-firm. Buyers are making forward purchases" at" present [prices. .The supply is email, ,bnt constant. - New Zealand beef ' hindquarters; 3Jd; .per lb.;'forequarters-35d. The butter.Vmarket is-ivery, firm. -There is a, brisk'demand,and buyers are. waiting. -for supplies. vThe. average price; of choicest New Zealahd ; butter is. 1235.-per 'cwt,.; VAustralian: 'and Argentine' 121 a.- Siberian" 118s>, and. Danish,. 113s. s 1 ' i •! The -cheese market is quiet, with • a tendency in«favour • of, buyers'.'New' Zealand finest white cheese -is averaging 595. 6d. per- cwt., and - coloured 585., 6d. The hemp market remains very depressed. Prices on spot:' New Zealand good fair £25 per ton," fair. £24; aianua, tair current, £25. ■ Forward shipments: . Good fair £24* 155.) -fair'£23 155., Manila- £24. The Manila output for the week was 19,000 balos. ■ . '•

, BTANDARD INSURANOE COMPANY. 4 * {By ,Telegraph.—Press' .'Assdciationj" bunedlh, March 7. The annual meeting-of the Standard In» surance Company was held to-day. The chairman of directors (£he Hon. T, Fergus), who presided,. referred to the bal-ance-shcet as one, extremely favourable to the shareholders, ;the grcsa income having overtopped- that of any'other year by ' more than £10,000, and the net., premium income showing'.an increase - of '£6571. The report rand baiancc-sheet were adopted without dissent. Messrs.. W. P. Edmond and John ; Mill were're-electcd directors, and Mr. J. G. Patterson was reappointed auditor. On the motion of the chairman, seconded bj; Mr. 6. Joachim, the share* holders unanimously decided to raise'the directors' fees' to a total, of 500 guineas per annum. , ' MINING NEWS.; ' , . WELLINGTON . SHARE MARKET. . A. moderate number of transactions in mining shares were made yesterday. Taima Monarch shares received x attention, and were quitted at 4Jd. The sales recorded were'-as under:-— • Old HauVaki, 35.; lld. (first.call). • Tairua Monarch, 4Jd. (second call). • .Talisman, £2-95.6 d. (third call). Waihii £9 15s. 6d., £9 15s. 6d. (third call). '■Consolidated Goldfields, 20s. (third call). QUOTATIONS. ; Buyers. Sellers. Sales. £ s.d. £B. d. £s. d. Kuranui Caledon'n — 0 1? — N.Z. Crown — 0 5 6. New Bylvia 0 4 6 :,0 4 8. . Old HauraUi — • 0. 311 03 11 Saxon .o,l' 6 0 1 8 '—" .. Tairua B'keri Hills —. 0 l 5 — Tairua Monarch '00 3J — 0 0 4$ Talisman ............ 2 9- 6 2.9.9 . 2 9 6 Waihi 915 0 915 6 915 6 Waihi Reefs 0 8 6 0 9 0 — Waihi.G'd Junct'n — 114 9 — Blackwatcr ........ — 19 0. Con. Goldfields 0,19. 9 103.n ,0 Progress f — ' 015 6 Ross Goldfields . 0 8 9 —

STOCK EXCHANGE ! (By Telecraph.—Press Association.! Auckland, March 7. Business at this morning's call of the Stock Exchnnge included:— May Queen, ,4s. 2d. . Sylvia, 4s. Bd. Point Russell; 4d. Waitangi, 2s. . - - • llauraki, 4s. Id. to 4s. 3d. Crown, ss. Pride of Waihi, 3Jd. Tairua Monarch, 4d. Talisman, 50s. Grg.nd Junction, 345. 6d. Handsworth, ■ 9d. ' ' New Zealand Insurance, 7s. 6d. Auckland Gas, £16 10s. Devonport Steam, 31s. 6d. Wilson's Cement (ord.), 465. 3d. The following business was done at the afternoon's call:— New Sylvia, 4s. Bd., 4s. 9d., 4s. 10d., 4s. lid. . Victoria, is. 6d. Waiotahi. 4s. 3d., 4s. 4d. , Old Huuraki, 4s. Id., 4s. 2d., 4s. la., 45., 38. lid., 45.. Tairua Monarch, 4£d. Waihi, 1975. Waihi Grand Junction, 35b. Mountain King (con.), 9d. Consolidated Goldfields, 20s. 6d. Wilson's Cement (ord.), 465. 3d. Dunodin, March 7. Stock Exchange sale: Waihi Grand Junction, 355. Reported Sales: N.Z. Drugs, £2 75.; New Sylvia, 4s. 6d. . The following are the latest Stock Exchange quotations, subject to the usual brokerage:— Dredging stocks: Alexandra Eureka, sellers 25.. 9d.; Blackwater, Sellers. 55.; Electric, sellers 45.; Golden Bed, sellers £1 35.; Nelson Creek, sellers 16s. 6d.; No Town Creek, sellers 10s.; .Rising Sun, buyers £117s. 6d. Mining stocks: Muddy . Terrace, buyers £1 3s. 6d.j Consolidated Goldfields, sellers £1 Is. 3d.; New Zealand Crown, buyers :55., sellers ss. 4d.; Kuraaiui Caledonian, sellers Is. Bd.; May Queen, buyers 45., sellers 4s. 6d.; Now Sylvia, buyers 45.-3d., sellers 4s. Bd.; Tas'manian Copper, sellers 6s. Id.; Talisman Colsolidated, buyers £2 9sl, sellers £2 9s.' 6d.; Waihi, buyers £9 17s. 6d.; Waihi Extended, buyers 35.; Waihi Grand Junction, buyers 4 £1 14s 9d.;'sellers £1 15s. ROSS GOLDFIELDS, LTD. The following wire has been received by the Wellington Stock Exchange from the Ross Goldfields, Ltd.:—'"Twenty, feet below 6ixtli level; within fityeen.. feet seventh level; the old workings' pumps working well." . ' • ' ■