SHEARERS CONFERENCE

Dominion, Volume 8, Issue 2555, 1 September 1915, Page 8

SHEARERS CONFERENCE

TKe/seventh' annual conference of the New Zealand Shearers' Woolshed Employees' 'Assocation commenced yesterday, the following delegates being present W. Boon ■(Christchurcli), " ; A. Cook (Waimate), W. T. Adair (Dune din), C.'Grayndler (Woodville),-. C. ;R. Johnston. (Ashburton), W. Johnstoue- (Oamara), .J. W. Keogii (Kiircw),and Te.Tuhv Tutapu (Tokomaru)i and the secretary (Mr. M. La-, racy). • Mr. J. Cooper (Christclmrch), the retiring president, opened llie pro-ceedings,'/-after : which. ; tlie newly-elected president,-;. Mr. A. J. Kiiig (Timaru), took the chair. The proceedings were not openijo! the.'.Press, ; 1 Never4has the demand for clear-headed constructive thinking in tusiness been so urgent as it is right now. We are living in a progressive age, and must take advantgae of; all up-to-daite methods. It is, in savings from waste of any description that money is made to-day, and by concentrating" one's efforts on ail details of our business we claim to.be able to produce results for our many cream suppliers.' We want more cream. Can you. sUpply us? Further; particulars, Wanga: nui Fresh Food Co.—Advt.

COMMERCIAL ITEMS INVESTMENT SHAKES. In the investment uiia«rket yesterday A ealo 'of New Zeailaml Portland Cement at 9s. IM. was reported'. Tlio quotations were es follow:— Buyers. Sellers. ' £s. d. £s. d. National Bank — 417 6 Bank N.Z. (£6 13s. 4d.) ... - 16 n e Well. Gas (£10) — 16 5 S Well. Gas (pref.) - 10 8 Well. Moat Export (£5) ... — 6 0.0 "Well. Meat Ex. (£2125.6 d.) - 217 6 Kaiapoi Woollen (ord.) ... 5 2 0 — *\Yell. Woollen (pref.) ... 3 16 0 - Wesfiport-Stocktoii 0 5 0 — Lej'land-O'Brien — 1.2 3 Jtanmnjr. and Co 410 0 — Golden Bay Cement — 118 Shartand (ord.) — I' 3 0 W.F.0..V. (£5) '.... 5 0 8 -- W.F.C.A. (£1) 10 0. - Kauri Timber (155.) — 016 0 D.1.0. (pref.) — 4 .0 0 Auckland Tram (-ord.) ■ — 1 1 fi •Cum dividend. OUTLOOK FOii. WOOL'. Dealing with tile outlook for wool values in their annual review. Messrs. D«.lgety and Company say it is, fortunately, particularly bright. The' war lies led to tho most unprecedented demands on the world's wool supplies, which factor, coupled with .the revived trade, has forced prices for -all but the most inferior wools., to an extremely payable level. The continuance of the war throughout the approaching winter in: the Northern Hemisphere .must lead to further expansion in the demand for army clothing, and an incrcaso of the . prceent high level •of wool values. There arc practically no large stocks of wool in any,country, .willi the exception.of Great Britain, but 'on . the contrary, in most cases, the most sjiarse supplies. Added to this'is the certainty of a very creat falling off in 'the production of wool in the Commonwealth this season, which cannot fail to exercise a considerable effect on, the market..'lt will thus be seen that matters in connection with wool values are favourable to producing . interests, which should experience particularly satisfactory returns for the reduced clip that will be marketed in the forthcoming season. ' CUSTOMS FOB THE MONTH. Customs duty collected at the port of Wellington for tho month of Angust amounted to £89,102 30. 3i,;as compared with .£110,524 4s. for tho corresponding month last. year. Beer dnty amounted to £1257 Bs. td>„ While £1142 9s. sd. was collected for the month of August last year. The duty collected at this port yeeterday amounted to £1246 ISs; Id. SOUTHERN JUREETS, ■By Telegraph.—Press ..WsiKiintion. Christchurch, August 31. The iparkets have opened .t-liis week quieter than, ever, if'that.is possible, mer : chants and brokers reporting that there is really nothing doing. It i§ said that small lots of wheat can be purchased at 6s at country, stations, but millers are indifFerent about buying. ' Largo' holders' of wheat aire still expecting better prices than coil, now be obtained, and are therefore .'not offering their grain. There are no oats available. For oatsheaf oliaff and potatoos there is only moderate inquiry at l&to rates. . ' RABBIT SKINS. Messrs. Mgety and Company, Ltd., have received the following cahlegra.ni from their London house, under date of August %Rabbit Skins.—There is a=a improved demand) for all descriptions. Prices increased 2d. per lb. for everything, except light shimmers, which are lid. per lb. dearer; 1116 bales were offered, and 1015 bales sold. , METAL MARKETS. , By Telegraph—Press Association—Copyright London, August 30. Copper.—On tho spot,. £68 2s. 6<l. to £68 12s. 6d.; three months, £69 12s. 6d. to £69 17s. M. , Tin.-Ou. tho spot. £150 18s. to £151 156.; •tUrecr- months, £152 ss. • Lead, £22 12s. 6d. to £22 17s. 6d, ■Spelter, £72 and £68. WHEAT. '"•■'■'■ ". London, August 50. ■ The wheat market ia inactive; buyers are not interested' in. cargoes. Prices aro tending against sellers.