COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1299, 30 November 1911, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHARES. A sale of Upion Steim shares at 41s. 9d. was' the only tra;isACtion recorded yesterday. The buj-iuß and selling quotations were as under:— Buyers. Sellers. £ s. d. £ f .d. rank Xew Zealand 11 7 6 - .Well. Investment Olio ' — Wei 1 . Trust and Loan i 10 o — We'.l. Deposit - 0 8■ 0 ChriEV-hurch Gas (£5) ... - 513 .0 GisboriiE ■ Gas — ■} 0 6 ■Well. Gas (new) - 3 0 0 •Well. Gas (pref.'i 0 2 11 — National iEsiir.iuce 1 18 o 119 0 Christchurch Meat 14.12 6 - Union Steam <, I 6 — ■X.Z. Con. DenW - 12' Taringamutu ... - 2 9 9 and i> 5 0 0 - ' LONDOX WOOL SALES. It is dit3cu!t to decide irhetber there has been an advance in values at the London wool sales, which opened on Tuesday, or whether prices were unchanged. The private cable messages received by the Dank of New Zealand and Jle=srs. Ulurray, Roberts, and Co., indicate on advance of "i per cent, while the messages of the Prei-s Association and of most of the broktrs are to the effect ;"uat there was practically no change. This difference of opinion is really of minor consequence for no doubt each broker is .-judging his own' particular lot. The, main and most interesting feature is that th* marlset is firm and that values show a tendency to advance. There has been nothing, to indicate that the markat would Srra en the contrary, all the. evidene-: pointed to the probability of values remaining stationary. If ths firmness is due to the prospects o[ .expanding trade, then its continuity may 'be relied ! on, but If, on. th* othed hand, the rise is dim to speculation, there may be a relapse before the salesi eloEe. Wool is cheap, and when that is the f.as<; I here is aJwa.ys a. temptation for cpecnlitors to come jn. This kind of. speculation io rather a, help to growere for. in addition lo giving a firm tone to the market,'there is the advantage in the fact that the speculators arc '"bull" operators, and it is to their interest to help in engineering -i. rise. Vnjues must ndTancs if they arc to make a. profit. PATRONISE LOCAL'INDUSTRIES.- '• The AJolajde Chamber of Manufactures reccntlv offered three prizes for sets of six patriotic cawh phrases, applicable to Australian manufactures. Here are tho best 25 by the committee:— 1. Australia's prosperity depends on th« profitable employment of tbr. people. 2. A country thrives best on its own industry. 3. The patriot's shilling achieves inoro. than the foreign trader's pound. 4. Ho builds his own defence who buys hip country's goods. 5. Local reciprocity the best guarantee of continued prosperity. (j. Sentiment means much in the C";ation of a nation. 7. Every shilling spent on. local goods is in part returned. 8. Both buyer and feller benefit by local trade. 9. I'raclii-.il support is the best evidence of sincerlly. IC. Advance Australia by advancing her iiidustriil arts. 11. Practical preference is worth n lon of sentiment. 1?.. Make faith in the local article au ar-tii-le of your ftvlth. 13. The best goods are our own good". 14. Australia'.- toast—"To our own iinfce." Let us nil respond. 15. Industrial etheiency !.- a. nation's fir;,! I requirement.." .' I 16 I'fß/i-liisil appreciation s)-*' s ce?-." !?. If you neglect your .•ounSry'* prndu(".r-: you retard her prurneri.Uv. '.8. Vour country ilalirs your helpful inturost ::) her handicraft?. 19. Prnstlcal patriotUni i« the partner of prosrc««

£1. Pilf-ri'liiincp. tlio b.r-1 »??<!'. to mail am! untion. 21. Do .Venn- jn:roliar-c- heni'lit Auflraliuii litmus: That i- the point. 2?. CupiiiiJ -tar- our industtips, your p.-itrnn-igi! I;<vp.s tlioni i/oliic. C 5. Tin- projrrp-* of t itc. industries tpc.ls the propre:'- "f tin pillion. M. Our licit deionce-lhe nation eelf- =•,< ppD rt intr. 15. Ti-n mlt.-1 furl »• in national prosrr> a it the people'? -upport. Ciwioms duty iTo'lcetwl at the port of Wcllinu'tun yesterday amounted to ,*'sol TIIK METAL M.UIKETP. E.v Tcleirapb—l'ress rhJ Londsn, November 18. Cupr.-r. -On the t-pot, £59 5r.; three month?, if/0. Tiu.—On the foot. .£202; three months, XI?!. U-ad. .C.i lfe. 3d. P'.r ton.