COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1511, 6 August 1912, Page 8

COMMERCIAL ITEMS.

INVESTMENT SIIAKKS. A sale of W.F.C.A. sharps ..'it .£7 5;. war, the oiilv traduction recorded ycsterdaw The buying and selling quotations

MEAT EXPORT COMPANY. The Wellington Meat Export Company has mil a very satisfactory experience during lie year ended June 3(J last. The freezing ales, manufacture:?, etc., brought in a ;rass profit of £37,039 15s. Id., ae compared vitli £33,680 15s. 6d. in tile previous year, md transfer fees yielded £2 12s. 6d., against Z1 ss. The expenditure totalled £13,391 19s. d., ia.s compared with £11,9*18 os. 3d., and he amount written off for depreciation vas £9144 3s. lid., against £9193 19s. 3d., saving the net profit at £14,5C6 ft. 7d. I'here was brought forward from the previous year £2618 10s. 10d., making available E17.124 15=. 5(1. The dividend for the year it the rate of 8 per cent, (absorbs £8451 is., and the additions to the reserve fund 51500, insurance reserve £2300, equalisation >f dividends reserve absorb a further C6BOO, leaving £1863 9s. sd. to be carricd 'onvard. Customs duties collected a-t the port of Wellington yesterday amounted to £1440 ,Bs. Bd. HIGH COMMISSIONER'S CABLEGRAM. The Department has received the followng cablegram from the ifigii Commissioner or New Zealand, dated London, August 3, 912. (Note.—Quotations, unless otherwise specified, are average market prices on spot):— General.—The strike has terminated, and >vork will be resumed. Mutton.—The market is quiet, but firm. Canterbury, 33d. to 4 3-Bd. per lb., aborting to quality: North Island, 3Sd. to 4{d. Lamb.—The market is weakening, with ogns of a decline. A large supply. Canterbury, 5Jd. to 6d. per lb.; other than Canterbury, sd. to 5Jd. Beef—The market is dull. New Zealand hinds, 3£d. per lb.; forcc, 3? ; d. Butter—The market is firm. There is 3 general active demand for best quality. The average price for the week for choicest New Zealand butter, per cwt.. is Uss.; Australian, lis.: Danish, 12Cs.: Siberian, ICBs. Cheese.—The market is firm, with more inquiry. New Zealand white, 655. 6d. per :wt.: coloured, 665. 6d. Hemp.—For .New Zealand, the market is iiuiet at the advance. Spot: New Zealand good fair grade, £25 10s. per toiu fair grade, £23 Its. Forward shipment: About the same price. Manila.—Large business doing, and priccs arc strong in the market. Fair current Manila,, £25 per ton; forward shipment, £26. The output from Manila for the week was 31.CC0 hales. Linseed.—The market is, quiet, priccs slightly weaker' New Zealand, nominal value, 655. ' 1 . FKOZEX MEAT. By Telegraph—Press Association—Copyright London, August 4. The Incorjioratcd Society of Meat Importers' Smithlicld market quotations for the undermentioned elates of frozen meat are based on actual .sales of not less than one hundred carcasses of mutton or lamb, or twenty-live ouarters of beef of fair average quality. The quotations are not for selected lines, but fur parcels fairly representative of the bulk of the shipments now on the market. The prices which follow are on the average a farthing per lb. more than the values cx ship, this difference representing an average cost in expenses, handling, conveyance, and selling the meat:— , July 27. Aug. 3. Mutton— d. d. Canterbury, light 43-16 4 3-16 Canterbury, medium oj 4 Canterbury, heavy 3 13-16 s 3 3-8 Southland 33 35 North hiland, best 33 3J North Island, ordinary... 311-16 311-16 Australian, light 3« 4 Australian, heavy 3 3-8 35 lliver Plate, light — — River Plate, heavy 3? 3? New Zealand ewes 35 35 Australian cwe3 313-16 /13-16 Ilivcr Plato ewes - 3 3-8 3 3-8 Lamb— Canterbury, light 65 6 Canterbury, medium 5,'; 5 9-16 Canterbury, liea,vy 53-8 51 Southland 511-16 5(1 North' Inland, ordinary ... 55 5 9-16 North Island, selected ... 511-16 sfl Australian, best 5J 5 3-8 Australian, fair 5 3-8 55 Australian, inferior — — .River Plate, first — — itiver Plate, second — — BeefNew Zealand, ox forc3 ... 33-3 3! New Zealand, ox hinds ... '4 3 13-16 Au(?'rili.tn, ox fores 33-8 35 Australian, ox hinds 33 3S Diver Plate, ox fores 31 River r'.ate, ox hinds ... 33 33 River Plate, chilled fores 3 3-8 3i Hiver Plate, chilled hindo 4 3-8 43 LONDON COMMERCIAL CABLES. London, August 4. Wheat-.—15,CC0 quarters of Australian January-February shipment sold at. 375. 6d. Two cargoes sold at <Cs. and 395. respectively. The wheat and flour afloat for the United Kingdom totals 3.1H1,C00 quarters: for the Continent. 1.5<0,000 quarters; Atlantic shipments. 172,010 ouarters. The total shipment's to Europe during the week amounted to 750.000 quarters, including 110, COO from the Argentine. 175,000 from Itu r sin, 30,0*0 Danubian. 131,000 from India, and 13,0C0- from Australasia. Antimony, £6 10s. Pjalvanised iron, £16 15s. to £14 15i?. Rabbits.—Market very firm.- The season opens with the Suevic's and Wiltshire's consignments, which are expected to be on the market on Tuesday. WHEAT. (Rec. August 5, 9.15 p.m.) Sydney, August 5. Wheat is firmer, at 4s. lid. to 2Jd. SYDNEY HORSE SALES. (Rec. August 5, 9.15 p.m.) Sydney, August 5. : At the horse sales, in connection with the show, the Bidding was slack, and prices woTe low. many being passed. Tile Clydesdales included lots ranging from 35 to 100 guineas, on behalf of Messrs. Boag, Haetie, Christie, Blair, and Ward, of New Zealand. MINING NEWS. WELLINGTON .SHARE MARKET. ' There wore no transactions in mining shares yesterday. The buying and selling quotations were as under:— ' Buyers. Sellers. £ s: d. £ g. d. Con. Goldfields 0 13 0 — New Sylvia - 0 15 iioss Reconstructed 0 5 7 0 5 8 Talisman 2 19 Waihi Grand Junction,... '113 119 Waiotalu 0 18 _ Waitangi 0 17 0 1 10 STOCK, EXCHANGE, (by Telegraph—Press Association.) Auckland, August 5. Business done at first call:— May Queen, Is., Is. Id. New Sylvia, Is. 7d. to Is. sd. Waitangi, Is. Bd. . Crown, 2rs. 6d. Talisman, £2 2s. Business done at the 3.15 p.m. call:— New Sylvia, Is. sd. Waitangi, Is. Bd. and Is. 9d. Talisman, £2 Is. 9d. Waiotalii, 2s. Cliristchurch, August 5. Sale reported:—Standard Insurance, £1 'Us. 6d. Dunedln, August 5. The following salcG were made on the Stock Exchange today. New Sylvia. 2s. 7d.; Waitangi, 2s. The sale was reported of Auckland Trams (ordinary) at £1 3s. 6d. The following are the Stock Exchange quotations:— Dredging stocks: Electric, buyers 3s. 3d., sellers Si. 3d.; Hartley and ltiley, sellers 10*. ■ Milling stocks: Consolidated Goldlields, [ BCllers 14s. £d.; Kuranui Caledonian, buyers 35.; New Sylvia, buyers Is. 4d.; Waitangi, sellers Is. lOd.; Talisman- Consoli- ] dated, buyers £2 Is., sellers £2 2<<.: Waihi, I buyers £1 12s. 6:1., sellers £1 13s. 6d.; Waihi Grand Junction, buyers £1 Is. Investment stocks: National Bank, buyers £5 lto.; Bank of N.Z., sellers £10 lCt=. 6d.; Union Bank, sellers £63 10s.; National Insurance, buyers £1 195., sellers £1 19=, 9d.: Union Steam Ship Co.. sellers £2 6=.: Westport Coal Co., sellers £1 8.-. 6<1.; D.I C. ipref.), buyers £1 6d.. sellers £1 3s. 3d.; Dominion Rubber, buyers £1 4s. 6d.; Ka'a poi Woollen Co.. sellers £5 7s. 6d.; X.Z Paper Mills, sellers £1 Wright. Stephen son, buyers £5 lfts.i "OUgn Daiiv Times,' buj;erj £3 IS», M.i Auckland Elsjtric Trom; lord.], tellais £!&,

, • . ' f . *■■■■.. THE DOMINION, TtTESI : FARMING AND COMMERCIAL t 'fhb"rfhf\ \ •'• ' ■ ♦ the only transaction recorded" .vcstcri.'&'tiji! \ .. day. The buying and selling quotations ' . NEWS AND NOTES. WCU! a " " ,1<lel ' Bnycrs. Sellers. i"| ————> — Equitable lluilding — 10 2 6 I' I A/1 N.Z. DAIRY -ASSOCIATION. THE CHEESE INDUSTRY. *£ ■? i? 9 21 J >3 H ——— > — We!!. Invest infill (! It 9 0 12 6 '1 V ''••W\ •••'-! -•' FACTORY OUTPUTS POR 191M9J2. CJiristeliurch Gn.s 8 5 0 -j ;Look for— ' • ■ J ft -.-- ANNUAL REPORT. _ ieuuiiig 1 i> » :: -3 -The>Name ■ '• ■ J ' | rr>'MT>.\'RT i <o\ von two teaks (SHbornc d 'I im ' »' 1 I Tlio'annual report of the New Zealand ' ' ' " * . ' . " i'n.mrr#toji N. (.as 8 lo 9 ia 0 0 e I De»y Association states that during the The outputs ot the various resisterert « e . f.as W) " i< * "00 iWllSlBSwl § K — year just .closed the association made chewe factories in ?<««• Zealand are given 5 ; i 19 0 if- 9,220,0791b. of butter,. being an increase m (he annual li?t »l creameries. factories,. ", x ! p „rMoSi. Cd.) """ 35c •i 'I'" °*' 1»509,0091b. on tlio previous year's make, etc., published l>\ IJh? iJepaitment ot froU. Woollen (ord.j 3 10 0 S] ■*» success or rionnington s fc comploto payments for the nasi Agriculture. .In the total list,,18 factories Wcii. Woollen (pref.l -• 2 18 3 3 Irish Moss lias been so great, t; season were higher "than ever before. are given as new, and tlio total figures Taupivi Coal 1 2 6 1^51 • a 1- •, . I • - i ,i . P 'l'h„ 4«t n i n f nil nivments on a butter- are as complete as the Department could Tyrmgaiinitu lotara 2 6 0 l i b ■ I and, ; its, sale .SO -large, that | Jho W.»} oU,l$Xriol>Wincll make them 1 up to .March 31 last. For 1 -- ° rl 0 | unscrupulous persons have | give, to shareholders at tlie largest cream- purposes oi comparison, the figures .pub- a 4 t « i tried to imitate it., ; In If erics will bo one shilling awl three farlii- J'shed in the list lasl tear are al.-.o gucii. \y. lr(1 . ul( | Cu 5 2 0 5 5 0