COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 792, 15 April 1910, Page 8

COMMERCIAL ITEMS.

;''" ' INVESTMENT SHAKES. A sale of New Zealand Loan and Hercantile .■■ sharo's at: 6s. 9d. wf.s the only transition , recorded yesterday. ' Bank of ■New • Zealand, buyers : f,9 155.: New , Zealand Loan and Mercantile, buyers 6s. Bd.: Napier-Gas. £10 paid, sellers £24; Wellinet;on Gas, £6;lss..paid..buyorsj£l3 55.:• sellers £13 10s.; National' Insurance, buyers £1 Bs. 6d.; Gear Meat, £1 paid, buyers .£2 135.; Meat Export, '£2 12s. 6d. paid, sellers £2 15s; 64. j New Zealand Shipping,' buyers £7 155.;. Wellington Woollen, ordinary, buyers £5 25.; preference, sellers £2 10s.: Westport;' Coal, buyers £6 -45..'- sellers £6 65.; Leyland-O'Brien Timber, sellers £1 4s. 6d.; Sharland's ordinary and preference, buyers £1 2s;-; Tafanaki Petroleum, buy.ers Bs. .:. ■ ■ . /

; : CHILLEI> BEEF. : The High' Commissioner, in his last cable message, states that the chilled forequarters. of. Australian beef by the s.s. Marathon sold at 3Jd.. and hind-quarters at-about 3§d. This is evidently the second shipment of chilled beof by the Linley process, and ; it is obvious that the consienmeut has not-, proved . profitable Frozen beef from Australia, realised 33d. for forequarters, and'. 4Jd. for hind-quarters, or considerably more than was obtained for the chilled beef, which costs .about a penny per lb. more for handling, chillinc. and. transport than does. the. frozen beef. The first shipment by the same steamer reached London durincr the first week in November of last year, and Messrs. W. Weddel and Co.. in their, circular dated November 5, made the following reference to the subject :-"No little excitement was caused at Smithfleld this week by. the 'arrival of the first consignment of chilled beef from Australia. The shipnient consisted of 1131 Uinds and 200 fores., all of which were shipped from-the KedIjanlt Works, Brisbane, ner the Marathon., The vbyane lasted 62 days,' and when the hatches were opened the beef/ was found to bo in excellent chilled condition. It had been carried at a temnerature of 30Jde. .Fahr. throuehout. in air sterilised and purified by the Linley nrocess. In appearance and intrinsic duality much of it was in advance of many Plate shipments. Its safe arrival gives promise of creating a valuable market for Australian; and also for New Zealand beef of prime quality. The shipment met a fairly firm market, and sold promptly at from 4d: to Sd.. per lb. tor best binds, and 3d.1 to 35d. for foies—prices which compared favourably with those current for Argentine of established brands. , ' . It will lie interesting to. know why the second shipment has not turned out as well as the first. ; ,The amount of Custome revenue, collected yesterday was £1991 Is. 9d. . PKIOES OF METAL. Bj Tclecravih—Press Association—Copyright. !Hec. April 14, 10.45 p.m.) '. ! ' ■ • London, April 14,' Copper.—On the snot, £56 15s. 3d.; three months, £57 17s. 6d. per ton. Tin-On the spot. £147 17s. 6d.; three months. £149 17s. 6d. per ton. Lead.—lmports 17.969 tons, Australian 3227 ton 3, exports 4796 tons. SILT.EE. London, April 13. Silver is quoted at 24 9-16 d. per ounce. : i'• ' WHEAT. Fourteen thousand quarters of Australian wheat, January-February shipment, has been sold at 395. 6d. por quarter. The -American visible supply of wheat is 55,195,000 bushels. TALLOW. London, April 13. At the tallow sales. 1299 casks were offered and 1197 sold. Mutton, lino 395. 6d., medium 365. 6d. Beef, fine 38s. 3d., medium JCs. ■ ' The New Zealand Loan and Mercantile Aftency Company, Ltd.. have received the following cablegram from their London house, under date April 13:—"Tallow: Wo onoto present spot values for the followiiiit doscriptioug:—Good mutton, 375. 9d. per cwt. , ; good beef, 365. 9d. per cwt.: mixed, 355. 6d. per cwt. Market firm." .

AUSTRALIAN PRODUCE MARKETS. l!y TolcErnoli— l'rese Associatian-(!"D?rlB«u (Eec. April 15, 0.45 a.m.) Sydney, April 14. '■••■Wheat, 4s. Id. Hour. .£lO sb. Oate. Alperian feeding,'2b. Id. to 2s. 2d.; white'2a, 6d, 3arlT,' '?,cdlnE. 35.. Ualia' li.

Bran, £4 15s. Pollard; £4 10s. Potatoes. Tasmania!), £6 10s. Onions. Victorian. £4. Butter, 98s. Cheese, sid. Bacon, 7Jd..toßd. Melbourne, April 14. Wheat. 4s. Id. Hour. £10. Oats, millimr Algerian, 2s. 2jd. Barley, feeding, 2s. 5d.: malting English, 45.; Cane. 2s. Bd. Mnize. 2s. Bd. Bran and DOllard, £5. Potatoes. £3 10s. to £3 15s. Onions. £2 15s. to £3. Adelaide, April 14. Wheat, .£4 Flour, £8 17s. 6d. Oats. Algerian feeding, 2s. Barley. 3s. Bd. Bran and pollard, 135 d., HIDES MARKET. By Telegraph-Press Assodation-Cop'nlilit. (Rec. April 15, 0.45 a.m.) Melbourne, April 14. In tho hides market prices were senerally {d. lower. 0. 0. AND D. CO. (By Telegraph-Press Association.) ' ■'■ Naplor, April 14. The fi.C. and J). Convcanv to-day cabled the following report on tho frozen meat market:—"Market still shows a downward tendency 1 . To-day's quotations: Mutton. Canterbury.' 4Jd.; Nanier. Wellington., and North Island, 4d.; lamb, first quality. 5Jd.: second, 5Jd.; beef, hinds. 4d.: fores. 3Sd." '