COMMERCIAL ITEMS.

Dominion, Volume 4, Issue 1139, 29 May 1911, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHAKES. The 6ales of investment shares on Saturday were National IMortgage at £3 Bs. 6d., and Christchurch Gas at £9 153. Tho

CUSTOMS. Tfoe Customs revenue collected at tho port of Wellington on Saturday totalled £2551, the amount for the week being £15,011 12s. lid. Compared with the corresponding periods of last year, the receipts for the past eight weeks show as under:1911. ■ 1910.

£120,708 JE106.903 The beer duty for the pa6t week amounted to £195 143.. a-s compared with £27035.9d.f0r the corresponding week of last year. NORTH OTAOO GEAIN MARKET. (By Telegraph—Prese Association.) • Oamaru, May 27. No business has been transacted in wheat in this market during the week. Tho mar ; ket has weakened in sympathy with outfide markets, and the present quotation is ■ 3s. 3d. net. at country stations, but growers are asking 2d. and 3d. above that figure, and are prepared to hold. Nothing is doing I in oats, which are scarce, and potatoes, which merchants decline to touch in the 1 absence of inquiries from outside. ! TAEANAKI PETROLEUM CO. I (By Telegraph—Press Association.). j Now Plymouth, May 27. Tho directors of the Taranaki Petroleum Company received a cablegram this morn--1 ing from Mr. J. D. Henry stating that a i deposit of £2000 has been paid to tho I Bank of New Zealand in London. Tho folI lowing are the minimum terms of purchase:—Price, jEICO.CCO—haIf in cash and half in fully paid-up shares in an approved company; a further sum of £10,000 ' to be payable if oil is struck in No. 5 bore , before completion; all oil won and money • due, or to become due. to bo the property i of the present company. The nominal , capital of the new company is not to exceed £4C0,C00, with a. subscribed capital of 1 nnt le?.< than £100,000. i The directors do not intend to allot auy moro nrtfcrpjira shares.

buying and . selling quotations were as under:— Buyers. Sellers. £s.d. £ s. d Dank of Now Zealand ... 11 15 0 11 17 6 National Bank 5 19 0 6 0 0 National Mortgage 3 8 6 — Wellington Deposit ......... 0 8 3 - ChristchuKh Gas 9 15 0 9 17 6 Palmel'StoK Gas 8 1Z 6 8 17 6 Well. Gas (£10) - 19 0 0 Wellington Gas (£7 5s.)... 14 10 0 — Wellington Gas (new) ... - 3 0 0 Christfshurch Meat — 16 2 6 Meat Export (£4) 5 4 0 - Meat Export (52s. 6d.) - 3 6 0 New Zealaud Shipping... — 1117 6 Union Steam — 2 1 li Kaiapoi Woollen 5 10 0 — Well. Woollen Iprcf.) 3 0 0 - Taupir.i Coal 110 — Westport Coal 18 6 19 0 D.I.C. Preference 13 0 ■ — Leyland-O'Brien 17 0 - Miramar. . Ltd - 0 Z 6 N.Z. Drue - 2 9 6 Sharland's Pref 14 0 Taranaki Petroleum — 0 18 0 Taringamutu Totara ... 2 9 0 2 10 0

April 8 23,1« 17,314 April 15 10,890 10.325 . April 22 16,715 15,296 April 29 12,111 10,304 May 6 19,765 19,796 May 13 8,087 6,948 Mai- 20 14.954 15,319 May 27 15,011. 11,601