COMMERCIAL ITEMS

Dominion, Volume 7, Issue 2213, 28 July 1914, Page 8

COMMERCIAL ITEMS

■ V : . INVESTMENT SHARES: .(There were no transactions in investment shares yesterday... The quotations were.as' under:— ./.' . ;l ■'. ' . : . Buyers. Sellers. V , . £ s. a, ' £ s. d Bank N.Z. (£3 6s. Bd.) —' 10 18 0 National Bank-..; ;; —. '5 15 0 Well Investment .. ..'..; 0 11 3 — Wn.'Trust 'Loan,- Ltd.....:. 7 6 0 - Wellington Gas, (£10) ....';. 16 12 6 — . • Well.'Gas (preference)'..; 1 0-0 .•■,'' • —~'. National Insurance >...'.:... .—',■■' ?. 14 0 N.Z. .-Insurance' .....""...:.'...'6 16' — . Gear Meat (£1) '...:.'.....'..... ,—' -, 317 6 Meat Export (£5) ;....'..:....:, — .' .' 6 3 6 Meat Export (£4) .:'x.:.:.i:;-" — '5-2 0 ■ Union.Steam (ord.) ■ r,'.;.-.-..: 1 V 4 -3 — L*nionSteam>(pref.)'....... 1 0 9 ' .'—■-. Hikuraugi Coal., ,0 9 0,. — Taupiri Oodi ....'. .'...!... 116 — Wectport Coal .-.....■ 1 10. 6" — Westport Stockton 0 2 10 '~ — Ward'and. Co. —'■}■'■■'■ 5 2 0 Customs ' duty' collected at' the port of Wellington yesterday ■ amounted to ' £2141 2s,' sd. "' ' ' ■'. ... . HIGH COMMIS'SIONEITS CABLEGRAM. , ' The. Department of Agriculture, Indus- ' tries, arid .Ojmmerco • hao received the following cablegram from the High Commissioner for New Zealand, dated London, July 28.' (Quotations, unloss otherwise specified,' aru average market prices on spot) :— , Mutton.—The market is quiet, but there ie no reduction in prices. Canterbury, 4Sd.per lb.-for light weight: heavy weight, 3,15-16 d. North Island, 4 3-Bd. for light weight. .••"•. i ' , ' Lamb—Trade' is fair but',holders are accepting la sfaall reduction in prices. The demand - is-chiefly for very lifllrt weight.Oanterbury. two's,' 6Jd. per m: heavy weights,' four's, ; 5 7-16 d. Other than Canterbury, ' 6d. | Higher prices have been obtained in each case for very light weight; ,•' Beef.—The.market is steady,.with an im-' proved ■■ demand, especially for hinds at 4Jd. per lb., fores 3 3-Bd.; chilled ,hinda 6d., fores 3Jd. Butter.—The market is steady at the advance. . Danish, slow, per cwt., 130s. to 1325.: Now, Zealand, quiet, 1189. to 1225.', nominal, Australian, in fair demand, 108s. to 1125.; exceptionally l choice, 1145.; Siberian, in good demand, 106s. to 108s.; Irish creamery, market' quiet, but firm, 116s. to 12Cs. .Oheesc.—The market is steady, and prices ttro well maintained. Canadian, an increasing demand, white and colonred, per cw't.. 635. to 649.; New Zealand, white, in good demand, supply email; 655. 6d. to 665.: coloured, 635. to 655. ' '■■•' > Hemp.—The market is,, quiet hut steady. New Zealand,'good fair, per..ten, £25 10s.; fair, £23 10s.; Manila, fair, current, £26: forward shipment at same prices. ■■ The outwit from Manila for the week was-21,000 bales. ' . Linseed.'—Market nniet but firm. Price, ox store, 445. per 4161b.N ■. ~ . Wheat.—The market is firmer on account, of unfavourable reports from America and Canada. New Zealand'long-berried wheat, ox granary, on spot, per quarter of 4961b., 35a. , Oats.—There is morn demand. New Zenland oats (Sparrowbills), (>\- granary,. on spot, per quarter of 3841b., 21s. 3d. 1 Peas—The market is firm with a. hardening tendency. New Zealand peas (PartV ridge), per 5041b., 51a 6d. Beans.—The market iB quiet bnt firm. N"w Zwlfti"! beans, f.a.q., new crop, per' £04Ib„ 345. 6d. market is dull. Averago price .briirht clean New Zealand sec<l, "•"ighing 171b, per bushel, on spot, per cwt., 58s. ■' FROZEN MEAT MARKET. , Messrs. Gilbert Anderson and Co. (Messrs. Mellsop, Eliott and Co., local agents), writing under dato London, June 19. report on the frozen meat market as follows :— Homo Grown.—High prices have been obtained for beef. Scotch sides fetching 6Jd. to 7d., short.sides,-7d. to 73d.; English, 6d. to 7d. Mutton: Trade very weak and <lc-. mand not equal tofthe supply. Scotch sheep, Bd. to 9d.; English, 63d. to Id,; Dutch, 6,', d. to 73d. Lambs: English, 75d. to 9}d.; Dutch, 7d..*to 9d. Pork, sd. to 6d. Veal, Bd. to Bid. ■ Frozen—During the past fivo days five steamers from New Zealand alone have arrived, bringing '226.000 sheep and 327,000 lambs. Coming at a time when the trade in all centres 'is very depressed, the effect lies been to lower prices. Frozen Mutton.—The dearer tendency has been somewhat checked by plentiful offerings on the snot. Canterbury sheep, 481b. to 561b., 48.: 561b. to 641b., 3Sd. Australian wethers, 421b. to 601b.. 33d.; second quality. 3511). to 551b., 3Jd.; ewes, 301b. to 601b„ 3 11-16 d. South American \ wethers. 561b. to 721b.. 33d.; ewes. 481b..t0 641b., HA. Frozen Lamb.—Mediums and hoavv weights have declined fully Id., and smill lambs arc «• fraction lower, although tho good demand for these continues. Carcmcm weighing about 261b. aro at «, pre-' i wiiun, OaJtUrbury, J*mbj, unto; Mil),, fifd.j *

JCU). to 421b., 6d.; «lb. to 501b., 5M.: OTConil Canterbury, small, 6f,d. Eost North leilnnd, 281b. to 121b., 6Jd; Southland, 28lb. to 421b.. 6 l-16d.; ordinary North Island, 281b. to 421b., 6d. Australian etocka , are light,, but can still be obtained <it-Bc6t, 281b. to 421b,, 6 11-16 d.: fair, un to 361b., 53d.: Infci--ior, 53d. South American, 321b. tod 561b., 5Jd.; 361b. to «lb., 5Jd. " Beet.—Large supplies chilled, and a bad trade. Chilled fores, 3 3-Bd.; hinds, 4 7-16 d. Australian crops, 3 5-16 d.; hinds, 4 5.16(1. South American, fores 3 3-8(1.; hinds, 4 5-16(1.