COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 893, 12 August 1910, Page 8

COMMERCIAL ITEMS.

. INVESTMENT SHAKES. ' Leyland-O'Brien .shares-"! changed hands yesterday at £1 75./' an d' Manning and Co., brewery shares, at £4. These were the only transactions recorded, and the market continued firm. The Quotations vero as .under;— ;,;. ' Buyers. Sellers. Sales. £s. d. £s. d. £s. d, Hank N.Z - ' 11 0 0 - National Bank — 6 19'0 — Equitable Building 910 0 - - Metropolitan 12 0 0 — — Ntulmial, Mortgage 55 6 — — Jr.oari and llcri::m(in - 012 6 , — T\!/), Mill Jilvor Plato 2 0 6 2 1 6 — WellingtonliepoKit o a 3 .0 3 0 — (ibnmhureh dm - 9.15 0 , - mlnuM — 12 0 — t>si («!») 1800 - ' —.: ■ : mo,mut>iiimtm 1.11 « — , - ! wmam <10.0 - • — I ■>£($«, Ufy ~, 111 r< n - — fef ,fe .'Ji) , P .v 'i u 0 «-5 5 0 - .U5 0 _ I k'ftij $'/010 - 6 - VH'iWl fijiift .•.•.'••■■■•■•■•.' It' - Mffifo-AU '•'' Hi I& / 6 'li U> ,0 ■ ' tints Vwm »!.■<, 1 0 0

A CORKER IN SILVER. . ■ i The report of an Asiatic effort to corner I tlio whit© metal: According to tho "Ens- j lishraan," an Indian journal, native bank- | eTS in Bombay and Calcutta are making i tho effort, and arc believed to be holding | half the world's supply of silver. But a ; "corner" in silver cannot be' engineered i very easily, becanso tho sources of supply 1 or© extensive, and tho output can be read- , ily increased. Owing to tho fall in prices ; many silver mines are not operated, but the white metal is obtained as a by-pro-duct of some gold and lead mines. Tho object of tho corner is obviously to ad- j vanco tho quotation for tho metal, and it must bo admitted that the present price, 24 7-X6d." per ounce standard, is very low. The following table shows the trend, of. prices for a series of years, and-is brought right up to latest cablo. date:—. • , . ■ '"Price'per oz. Average, 1888-1897 37 Average, 1898-1907 ;.... 27g Average, 1893 ~ 35§ Average, 1902 241-16 Lowest, November, 1902 - 212 End llarch, 1905 253 January 1, 1907 ..! 32J January 1, 1908 32*. January 1, 1909 23J January 1, 1910 „•.*«; - 243-16 Present pneo - - 248 The fluctuations in the quotations have, been verjr wide, and any * strong demand with a ripe in values would lead to. in-.; creased production. . • CUSTOMS-REVENUE. •Customs revenno collected at Wellington 1 yesterday amounted to £6237 17e. 9d. . TALLOW SALES. By Telegraph—Press Association—Copyright. London, August 10. i At the tallow pales 2280 casks were offer- , ed and-996 sold. Mutton—Fine, 375.. 9d.; medium, 355. Beef—Pine,. 365, 9d.;: medium, 348. • - • ,' • THE MEAT MARKET. . (By Telegraph.—Press Association.). Napier, August 11. The C.C. and D. Co. to-day cabled the following report on the London frozen meat market :-Mutton-£anterbury,. 3id.; Napier, Wellington and North. Island, 3fld.\ Lamb—First quality, 5Jd.; second, 4£d. Beef—Hinds, 3|d.; fores, 3d; ' AUSTRALIAN PRODUCE MARKETS; By Telegraph—Press Association—Copyright. (Bee. August 11, 11 p.m.) Sydney, August 11. -Wheat; 3s.' lljd. to 4s. Flour, £9 103. Oats, Tasmaiiian, 2s. 6d. to 2s. 7d.; Algerian, feeding,•;<2s., 2d. to 2s. 4d.; milling, 2s. 6d. Barley, Cape feeding, 35.; seeding, 3s. 2d. Maize, 2s.' Bd. Bran and Pollard, £4. Potatoes, Circulars,. £8; others, £6 to £7 10s,. Onions,.£4 to £4 10s. Butter, 112s. Cheese, 6d.- Bacon, 63d. ••• • Melbourne! August. 11. Wheatj '4s. 4id. Flour, £9 10s. Oats, feeding, ls.';9d. • Barley, prime, English malting, 45.«3d;; Cape, 2s. 6d. Maize, 2s. sd. Bran and pollard, £4 10s. Potatoes, to £6 'ss. Onions, £3 10s. to £4. * Adelaide, August 11. Wheat, 3s. • lUd. Flour, £8 15s. Bran, £11 55.. Ppllard, ; £11. . "MELBOURNE 1 HIDES. MARKET. . By Telegraph—Press Association—Copyright. . ' • ' Melbourne, August' ll. s- . Hides.—Competition .was. dull, and - all classes were from one-eighth of a' penny to ia farthing.lower. ' "' ' ' LONDON MARKETS., The New Zealand Loan and ■■ Mercantile Agency Company, Limited, have, received the following cablegram from their • London house, .under date August 10:—"Tallow ; —V>re;, quote present spot values for tho following descriptions;— Good mutton; 365. •fid. per. cwt.; good beef, 355. 3d. per cwt.; mixed, 335. per cwt.; market quiet. Wh'oat —A handy Australian oargo has. been dis- ' posed of at 385., jc.i.f. The market is quiet, 'but steady, owing to bad weather. Market ; prospects .on .vthe Continent fluctuating. Oats—Gartone, 18s.; Sparrowbills, 175.; market quiet, but steady.". , iWININQ NEWS. • : ' WELLINGTON SHAREMARKET., Dullness has' seized the market, and tho decline of Ross Goldficlds shares has dieconcerted speculators. At the morning call the shares changed hands at Bs. 3d., an 9 in the afternoon business was not possible a,t 76. 6d. The shares have fallen somewhat suddenly, and-for that reason'there may.be a recovery, but with the demoralisation that now prevails it <is not &afo'td prophccy anything. The transactions recorded yesterday, were as under:— . •Hauraki Reefs, ?£d. (second call). ' May Queen,' 4s. 2d.,* 4s. 2d. (third call). • Old Hauraki, 4s. lid.' (first call). Talisman, 565; (first call); 565., 3d., 555., 555. fid. (third call). • *' 'Waihi; £8 4s» 9d. (second oall). : Waihi Grand Junction, < 39a. 9d.' (third call).; v •• Ross' Goldflelds, Bs. 3d., Bs., 7s. Bd. (first .'call); 7s. 9d„' 7s. lid.,-7s. lid. (second call). 1 QUOTATIONS. ' ' ' Bayers. Seller& Sales. .£s. d. • £.s. d. £a. d. Dominion. ............. 0 0 IJ.O 0 3 —' Hauraki Reefs —. , — '— "• ' 0 0 7J ICuronui ..; — 0 0 8 — Kuranui Caledon'n . 0' 1 .7 i 0.1-9- - — May Quefen j :'.i.Ci.V : ..O '4:2•• 0■ 4 3 0* 4 '2; Mountain King .... — . 0.0 11 — . New Sylvia 0 311 0"4*1 — Old Hauraki - 0 410 0 5 0 0.4 11 Saxon — 0 18 — Tairua Broken Hills 0 1 9 0 110 — Talisman ; 2-15 3 2 15,' 6 215 6 Y/aibi 8 3 0. 8 5 0 8 4 9 Waihi G'd Junct'n. 119 -9 .: 2 :.0. '6- 1-19' 9 Waitangi — .024 , ' —», Watchman" — 0 2 5 — Black-water: - — 114 6 . Con. Goldflelds — 1.2 0 — Progress;" — -i* 013 3 — Ross. Goldflelds v.... 0 7 0 0 7 6 0 711 . STOCK. EXCHANGE. (By Telegraph.—Press Association.) ,: j:i Auckland, August 11. Business done on 'Change this morning; May .Queen, 4s. 4d. ; Sylvia, 4s. . • ' ' .Watchman,-25.-,4d.,: 2s. sd. Itoss, Bs';'Bd., Bs.'-7di /' Four'in'Hand, lld. . ; '• Hauvaki'Reefs (coil), Bd.; ditto (paid),' Is. :4d. . Old Hauraki, 55., 4s. lid. * . . Crown, 4s. Bd. Tairua Broken Hills, Is. 9d. ' Waihi, £8 ss. ' . Grand Junction, 395., 40s. 3d. Handsworth, 6Jd., •. r The following was the business done at the 3.15:-p.m.! call " to-day■ May' : Queeri,-4s. ; 3d., 4s.'2d. | "Saxon, Is. 6d.: ' - I Watchman,-2s. ,sd. • ,■'< I RossGoldflelds,\7s. 6i; 7a. 3d.,.75., 7s. Id.1 New' Zealand Crown,'4s. 9d;. ' .Tairua-Broken Hills, Is. 9cL Talisman! Consolidated, • 565. ' 6d. ■ Waihi/ 1643.'.6 d. . . , Reefs Consolidated, sa. 7d. Waihi Grand Junction, 40s. 3d. , 40s. 6d., 40s. 3d., 395.'9 d. ! ' \ National Bank, 113s. . South British Insurance, 6fe. Northern Coal, Us. ; New. Zealand. Cement, 38s. 6d. ' - Dunedin, August 11.. " Stock Exchange sales:— . Golden Bed, £1. Ross Goldflelds, Bs. 7d., Bs. 6d., Bs. WaihL Extended, 2s. lid. ; Waihi Grand Junction, £1 195., £1 19s.i £2' os. 3d., and for forward delivery, £2 la. 3d. (three parcels). , ! Sales reported:—Waihi Grand Junction, £1 18s. 4Jd., £1 18s. 9d., £1 18s. 9d.: £1 19s; 6d.,. £1' 195., £2; Otago, 12a. 6d.; Talisman 1 Consolidated, £2- 16s. 3d.; New Zealand Paper Mills, £1 2s. 9d.; New Zealand Portland Cement, £1 17s.'9d. Christchurch, August U. Sales reported on tho Canterbury Stock Exchange:— \ Canterbury Frozen Meat," £7 14s. 6d. Booth Mac Donalds, £1. Talismans, 565., 565. 3d., 565; Grand Junctions, 38s. 6d. Ross Goldflelds, 9s. to'Bs. 9d. The only sale on 'Change was Ross Gold- 1 fields at Bs. 3d.