COMMERCIAL ITEMS.

Dominion, Volume 4, Issue 940, 6 October 1910, Page 8

COMMERCIAL ITEMS.

' INVESTMENT,. SHAEES. .Sales;of .investment shares recorded yesterday ; were Wellington Gas (£10) at £19; Now Zealand Shipping, £10 cum dividend; and Taringamutu .Tot-ara, at £2 3s. 6d. The. market was firm for practically- all shares. - Tiie Quotations v/ero as under:— ' v ~ ' . Buyers.' Sellers. . Sales' i £s. d. £s. d. £s. d, National Bank ...V.. '5 15 0 516 6 — Bank N.Z. .10 •5 - 0 10 7 6 — ' VTell. Gas (£10) ... - .— i Ijg ■ g g N;Z. Insurance 4, 0 6 — ■' — Standard Insurance 1 5 0 —' — Ohristchurch : Meat 14 0 0 34 2 6 — .Meat Export (525. 6d.) — 3 4 0 ■ — NIZ. -Shipping - -. 10 0 0 Well. Woollen (pref.) — . - 216 0 — Taupiri Coal — .10 6 — Westport • Coal. ...... —-. :6'B ■6 • — Westport-Stookton-- 0-7 0 " ——- Leyland-O'Brien , 1? 6' — . Manning and C 0.... 4 1 6 . — / N.Z. Con. Dental ... — 1' 2-0 ' Sharland's ord.' 1- 2 3 — 1 Taringa'mutu Totara 23 0 • —' 23 6 Ward and Co. ...... 5 2'6 5 5 0 - MONEY MARKET.-, ' ''V ' , The banking . rotiirnsi for'-the Septemberquarter will .be making -their 'appearance m a few days,, and .'(says-the "Trade Be. .-view ) ■ are looked for. with- interest. They may be expected to give'evidence-of a wellsupplied .market.,. On .the -other, hand, it ds ,n . .'his _quarter',''that;.advances ,:begin' to go-forth..to the .settlers for. the expenses of handling and moving the seasons' products. .It is .evident. also that importations have, during the September quarter . been on' an increased. scale.- - The' Customs . revenuo returns fir that .period have not yet' been , published,: but -the Minister for Finance informs- us that the' receipts fortho six: months ending -on September 30 show art increase over-those for the cor,responding period of 1909 equal to moro .than ll'per Cent.. We may, therefore, look for. some increase in a'dva;nces. Monev is, .however, in ample supply and the excellent prospects., of . the opening: season with ,t,he satisfactory tone of. the current London wool sales should give.' some needed impetuß to enterprise and. expansion.

: .! HJIUTEE'S' TEJjEGIiAM COMPANY.. The directors of Router's Telegram Company,.. Limited, have declared tho usual interim dividend for the half-year ended Juno 30,4910,;at.th0 rate of 5-per cent, per annum. Customs revenue collected, at the port of Wellington yesterday amounted, to £4965 ss. Bd. .t.' ■

LONDON WOOL SALES. OEOSSBItEDS IRREGULAR. By Telegraph—Press Association—Copyright. London, October 4.' At the wool salep the market was fljt, excopt for best merino combings, prices favouring buyers. . Crossbreds were irregular, and often" a halfpenny cheaper. Messrs. Dalgety and Company, Limited, roport having received advice from their London house under data October 4:—Wool: Merinos continue firm;, crossbred wools, par to 5. per cent, lower. Messrs.' Abraham and Williams, Ltd., have received the following .cable from London, under date October 4As the sales progress the market ns ' weaker, and prices slightly easier for all wools except merinos, which remain steady. SHAKES. AND DEBENTURES... By Telegraph—Press Association—Copyright. London, October.'4. '.- ' :Natlonal Bank of Australasia shares a.'ro quoted at 5} to 53; New Zealand Loan and Mercantile, 96, ox div.; City of Melbourne, 102;' Board' bf Works, 100, ex div.,- - ' V VC.. AND S. BUILDING SOOIETl". A . meeting of shareholders of' the first issue of i.he City and Suburban, Co-opera-tive Building < Society was held in.-.the offices of the secretary, Messrs. Gualter, Dykes, : and Co., last evening, when an appropriation was held by ballot. Mrs. Emily Preston drew the winning number, entitling her to a'loan-of £300, free of Interest.- V? ' .

DUNEDIN GRAIN MARKET. /' (By-Telegraph—Press Association.) ' Dunedln, Ootober 5. , The oats market is still in a subdued state, as far- as the export: trade is conr. corned.'Seldom has there . been ; such a term of inaction, but notwithstanding this stocks are steadily diminishing, owing to seed;orders and local. feed, demand.. 'A little more inquiry was evident during the .week, but in most cases buyers filled requirements from other port 6 at cheaper rates.' Seed lines, 2s. to .2s. . 4d.; prime' milling, Is. UJd. to 25.; good to best-feed. Is.lod;'.<to Is. lid.; inferior to medium, Is. Bd. .to," Is. 9d. There is fair inouiry .for velvet'and: velvet r earwheat, -but" the de.mand for other; sorts is quiet:- -Any-sales-:passing;- are: on the basis of lato quotations. .--Srime milling velvet,- 35.: lOd." to' 35..1 id.; tuscan- velvet 1 ear.- etc., .3s.'. 7d, to 3s. Bd.;' medium, 3s. sd. to:3s;~6d'.; best 'whole fowl -wheat, 3s. 2d."to 3s;: 4d. . .. ..i

V WOOL, SKIN, AND HIDE HEPOKT.' Messrs. Da'gety. and . Company, .Limited (Danneyirke branch), report having held "their second sale of wool, skins, hides,-arid tallow at Dannevirke on Tuesday, October 4: They report a much larger entry of all classes than at last .sale, and consider ■the lengthy catalogue augurß • well 'for Napier,: Wanganui, Palmerston', and elsewhere, and, competition .throughout wasanimated, all lots being sold.' Priceß for all lots; particularly wool and skins, showed: an . appreciable advance on last sale ',??>«' 'were- 'fully up; to: those' • ruling in Wellington and Napier. The quote-— Wool: •Crossbred.:from;7Jd..to 73d.; dead, ■«? m ■'I?''-' 0 83<1.; crutchings. from 'sd. to ji' Pskina: -.Crossbred, fine, / 81d.';' medium, from 7jd. to 73d.; inferior , and damaged, sd. to 63d,; dead • hoggets, 65d. ;to 63d.; coarse, from 7Jd. to 75d.rdamaged and inferior, 6}d: to 6Jd. ; half-wools, 6d. to 63d,; inferior and damaged, 43d.. to 53d.light butchers' green crossbred, from 4s. 6d. to ss. lid.; dead, from 2s. 6d.'to 4s. 6d. Hides: ISO prime lots were offered! / i-Me. ( dium ox, from 6Jd. .to 6Jd.; medium cow, from 53d. to's3d.; cut, from. 41d„ to '43d.• .yearlings, . from . SM. to 7}d. : : good calf • ; -H'"' ,® U PP*.' w.'; steers, from 5Jd. \to 53d.; inferior and rough, from «d. )to 5d.: slippy, from 4Sd.; horse,; from 9s. to ! }; s " r-L- cnt ", from 63d. .: Tallow, ,in tins. :19s. to 225. 6d. per ewt. • . v -