COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2369, 27 January 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. : i sale of Wcstport Coal shares at 31s. was tho on}y transaction recorded. ill the investment market. The quotations -were as follow: —

Onstome duty collected at the port of Wellington yesterday amounted to-£2867 Ba. sbUTHEEH MARKETS. (By l i'«!<ji.'raj/a.~Pi'<ws ■ AssoctatJon.! Christchurchi January 21. There is nothing fresh to report in regard to wheat, millers being dependent upon grain imported by the Government, a supply of which is now due from Australia. The wheat harvest is now becoming general in North Canterbury. There is a good demand for oats, and several hues of new crop havo been sold at 36. at country stations, and for a small line of Algerians suitable for seed and for immediate shipment to Australia 3s. 3d: is reported to - have been paid. Several sales of new oatsheaf chaff have been, made at £4 at country stations. No transactions are yet reported in barley, growers are asking 63. and malsters are evidently not prepared to operate at this figure. A fewsmall sales of ryegrass aro reported at is. 9d. to fle. at country stations. 1 The fact thaf the crop throughout the Dominion was expected to be a short one has caused an unusually large amount of seed to be imported, both by' North end South Island firms. A few potato-growers have 60id part of their crops for forward delivery at £4 per ton, but North Island buyers have not yet shown any disposition, to operate. Good crops are reported in western porta of the Wellington province, when the season has been favourable, but along the East Ooast of' the North Island right up to Auckland the crop will be a 6hort one on account of the long spell of dry weather, and the main crop in Canterbury has been much benefited- by rain of a fortnight ago. . ' .. " HIGH COMMISSIONER'S GABLED MABKET REPORT. • The Department of Agriculture, Industries, and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, January 23. (Note: Quotations, unless otherwise specified, are average market prices on 6pot). Mutton.—The market is steady, and thero is a fair business doing. Canterbury,. 52-d. per lb.; North Island, 5 7-16 d. Lamb.—The market is teady. Canterbury, 6gd.'per lb. The supply is running short. Other than Canterbury, this season's, 7d.; the very best quality is ae high as 7id.; second grade, 6§d. Beef.—The market is firm. There is an increasing demand for better grades, owing to the short supply of chilled. Hindquarters. 6 5-16 d. per lb.; forequaJters, 53d.; chilled, hinds, 7Jd.; fores, 5Jd. Butter—The market closed rather-,quiet, but a fair demand continues. Danish, quiet, 150s. to 1545.;' New Zealand, 142e.- to 1445.; exceptionally, 1465.; Australian, 140s. to 1445.; Siberian, 1365. to 1385.; Argentine, 140s. to 1445. ..

Choese.—The market remains firm. Kiero is a good demand. Canadian, market quiet, but firm; white and coloured, 84s. to 86s. i New Zealand, a good demand continues, white and coloured, 82a. to 835.; exceptionally, 845.; English Cheddar, firmer,'

90g. , Hemp.—The market is firmer, ojrd there is a better demand. The market is speculative., New Zealand, goq& fair, per ton, £27; /air, £25; fair currint Manila, £29. Tho forward shipment sold at the same price. Wool.—The market is firm and at the advance. All merinos hare gained id. per lb. since the opening of the sales.

Wheat.—The market is firm on account of a report- from the Argentine'that the weather there is too wet. Nominal inflations are:—Canadian, per quarter, 585.; Argentine. January shiflment, 605., excluding war risk. .

LONDON tfoOL BALES. By Telegraph—Press . Association—OopyrJght London, January 25. At the wool sales there was animated and strong competition for all sorts. Prioes realisedTarooola, 12d., 10& d.; Rosebank, 12Jd„ 10sd.; Narran} 12d„ IOJd.; Mibroy, 12d., 10 3-Bd.; Borambil, 11W., 10gd.; Nariah, llid., 9id.; Boorianawa, lid., 9W.; Cuthero, lid., BJd.: Hummocks, 10id., 9Jd.; Hammersley, 9d.. Bd. New Zealand clips: Toroo, 16d., 14ftd. WHEAT. London, January 25. Tho wheat market is auiet.' Prices easier.

Buyers. Sellers. £ 3. d. £ t.d 'Bank N.Z. (old) 10 0 0 - Bank N.Z. (new) - 16 9 0 U n.io ii Ban k 55 10 0 56 5 0 N.Z. and Eivcr Plate ... 1 18 0 — "Ohristch'orch Gas (£5) V 10 0 — Well. Gas (£10 16 5 0 - Well. Gas (pref.) 0 19 9 — • Ohristcburch Meat 1610 0 — Gear Meat'(£4) 1J 1' £ — Gear (£1) J % J Union Steam (ord.) 1 J 0 — j Union Steam (prci.) 10 6 — WoU. Woollen (ordj 4 8 0 - Manning and Oo 4/6 — N.Z. Drag i 0 - .Sharland (ord.) ' * ~~' Sharlaiid (pref.) —; '59 — V/'U-d and, Co. .—.— 5 5 0 — Crown Brewery '06 — Masterton'; Per. Buildmff — n. 10 0 *0um.. div.