COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2417, 24 March 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAKES. In ' the investment market yesterday there were sales of Wellington Trust and loan shares at £7 Bs. M.; and Stiarland's ordinary at 235. 9d. The quotations were ■as under:— Buyers. Sellers. £ s. d. £ s. d. ' National Bank 5 9 0 5 10 0 Bank New Zealand (£3 "6s. Bd. paid up) 11 0 0 — Equitable Building 9 6 0 — Chrietchurch Gas (£5) ... 7 10 0 — Well, Gas (£10) 16 2 6 Chrletohurch Meat — 1612 0 Gear (£4) 14 7 6 Meat Export (£2 12s. 6(L) — 2 16 6 'Mosgiel Woollen 3 15 0 — Well. Woollen (ord.) 4 9 0' — Well: Woollen (prcf.) 3 4 0 — Westport 113 0 — Tatlngamutu — 2 2 0 Golden Bay Cement 10 0. — W;F.C.A. (£5) - 6 6 0 Customs duty collected at the port of Wellington yesterday amounted, to £3696 Is. lid. SOUTHBRN MARKETS. '(By Telegraph. —Fress Association.) Chrlstchurch, March 25. Offerings of wh«i.t_ have fallen off very considerably, and it ifi apparent that motit of the stook-t.hresh'ivd corn has changed hands. PriceE remain about the same as at the end of last week, the nominal figures being 6s. Bd. for Hunters and Tuscan. and 6s. 9d. for pearl, the la,tter now being scarce. ... , ..„ . .Qalß.-Tho gw/rket X & et^mSLjA

consequence of export heinp prohibited. Merchants do not carc to make purchases with, no outlet in view, beyond the dominion'r requirements, and the available supplies' depend to such a. large extent upon the Southland crop, which is now being harvested. If that crop turns out well, the estimated yield for the Dominion ol 10,194,037 bushels may he exceeded. There is some doubt as to the Dominion's annual requirements of oats,' but tho following figures show that there is little exporting to be dono out of a crop of less than 14,000,000 bushels, export figures being Eiven for twelve months ended February 28 of tho year following the harvest:— ' ' Total yield. Exports. Tear. Bushels. Bushels. 1909-10 13,604,000 357,772 1910-11 10,118,917 131,936 • 1911-12 1,966,268 475.642 1912-13 13,583,924 154,960 Oateheaf chaff is firm and scarce, and prices aro unchanged. Potatoes are still selling at £4 at country stations, LONDON FUR SALES. Messrs. Dalgety and Company, Limited, have received the following cablegram from their London office, dated March 20:— "At the fur sales held this week there was no demand, and practically everything was withdrawn. For opossum skins prices showed a decline of 65 per cent., as compared with last March. No wallaby skins were sold. Fox skins were 10 to 30 per cent, lower." LONDON WOOL SALES. (By Telegraph.—Press Assn.—Copyright.) Londoni March 22. At the wool sale 3 there was • good competition for crossßreds and good merinos, and a slightly better demand for faulty merinos. For the fleece portions of the clips named tho following prices were realised:—'"Ellengerah," top price 131 d., average price 12Jd.: "Dent," 13Jd. and 33Jd.; "GiUendoon," 13d. and lid.; "Homebueh," 16d. and 14d.; "Corona." ISJd. and 138 d.: "Saltern," 14id. and 12|d. METAL MARKETS. London, March 22. CoppcT.—On the spot, £68 ss. to £68 10s.; three months, £68 15s. to £69; electrolytic, £74 to £74 106. Tin.—On the 6pot, £171 10s. to £172; three months. £166 ISa. to £167 ss. Lead—On the spot, £23 56.; for forward delivery, £22 10s. Spelter. £43 10s. to £44 10s. Silver.—Bar silver is quoted at 23 13-16 d. per ounce standard; WHEAT. -- London, March 22.. The wheat market Is Quiet, with an easier tendency. MINERAL" OUTPUT IN NEW SOUTH WALES. _ • - Sydney, March 23. The New South Wales mineral production for 1914 is valued at £10,499,720, e decreese of £1,595,364 compared with 1913. The chief decreases are:-Gold, £106,830; silver and lead ores, £1.089,744; copper, £300,000; tin, £150,000.