COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2671, 18 January 1916, Page 8

COMMERCIAL ITEMS

• • INVESTMENT SHAKES. In tho investment - market Vestordttr a i . Bale of " National Bank shares at £5 .was reported. The quotations were'as follow:—

\ Customs duty .collected at the port of Wellington yesterday' amounted to . £1891 i". '6?. Id. . SHEEPSKIN HABKET. The- Bank of Jiew Zealand has Teceived tic following-cable advice from'its London office,' dated ■ Jenuary 14:—"At the 6alcs • merinos, and flno crossbred sorts are 10 to . 15 per'cent., and medium and coarso-cross-bred sorts are 20 per cent, dearer." Messrs. Dalgety • and Company, Ltd., i'■ : have received a cablegram from their !' ; London 'house, under date of January 13, advising-dates of London■ -wool sales .as announced on' Saturday. Sheepskin sales: ' 'At the sheepskin sales just closed, ''650 bales •were offerw, and practically everything eoln. ; Merltio combing is 35 deaTer, and clothing. lid. dearer. Crossbred combing .clothing are lid. to 2d. dearer, whilst New Zealand crossbred combing is ' 2d. to 2J3- : clearer.' ; ■ - ' • 1 BI6H COJIMISSIONBE'S EEPOET. , . ! The. Department of .Agriculture, Iridus■riMes, and Commerce has received the fol- ■ : lowing? cablegram fiom the High Oommls-

sioner tor New Zealand, dated. London, January is, (tfote: Quotations, unless otherwise . specified,' arc average market prices on spot) Heat.—There is a- poorer demand for mutton and lamh on account of large supplies of home-killed coming forward, but the market is steady, and prices are* well maintained. , , atutton.— Canterbury, 7id. fcer lb. for lightweight ; medium, 73-Cd. There are only a few other brands 'than Canterbury at the market, for which there are no official quotations. Only- a email quantity is selling at 7id. to 7£d.; ewes, a brisk demand. Average price, 6?d., and sometiiuee as high TJd- ' . , Lamb.—Canterbury, two's and four s. /Jd. per lb.; secoud grade, other brands than Canterbury, 7sd. for best quality. Beof—New Zealand beef cannot be quoted. Chilled hinds, 9d.; fores, 6*<d. Butter.—The maxket is firm, but quiet. French butter is-expected to arrive again at the beginning of next "week. Dani6h, there is more demand; prices ore firmer, per cwt., 1565. to 160s. New Zealand: Tho bpot market is firm; ISOo. to 1545.; unsalted, 158s. to 16'Zs.; fair to good quality, 1445. to 1485.; Australian, steady, 1445. to i486. Siberian, market Quiet, but steady, 1245. to 1305.: Argentine, quiet, 140s. to 1425. . Cheese.—The market is firm, and prices continue to advance. Market closes strons:. Canadian, market firmer, white and coloured, per cwt., 975. to 995., exceptionally 100s. New Zealand: The spot market is practically eleared; therefore prices aro more or , less nominal. The market is .strong in tone, owing to the business 'which has been done. WTiite and coloured, 975. to 985.; exceptionally, 995.: Cheshire, 110s. to 114s; . Hemp.—The market is firm, and prices continue to advance. New Zealand good fair, per ton, on spot, £41 10s.; fair, £40; Manila, new graded fair, £51. February to April shipment: New Zealand good fair, £41; fair, £39; Manila, uew graded fair, £50. The output from Manila for the week was 20,000 bales. Wheat.—The market 5s firm, and prlce.t continue to: advance. Freight advancing keeps the market steady. Canadian.-. on spot, 646. 6d.; January to March shipment, 635. 6(L; Australian, January to March shipment,, steamer, 655.; sailer, 635. 6d. Oats.—The market is steady, with a moderate inquiry. Argentine, on spot, 335. 6d.j January to March shipment, 335. Hops.—The market is firmer for beet quality, but weaker with less demand foe second-class quality. English, 110s. to 1405.; Callfornian, BCe. to 100s. .. Wool.—The. market is firm at the advance.- Ther© is great demand in th« market.. EXPORT OF WOOL. Telegraph—Press As?o<m at Jon—Copyright London, January Jo. - The Board of Trade has decided only to grant licenses sparingly for the export of crossbred tops, noils, and waste, unless exporters prove they are required for military purposes or for the Dominions or the Allies. - , BREADSTUFFS. London, January la. The wlieat and Hour afloat for the -United Kingdom is 2,055,000 quarters. For the" Continent, 2,495,000 quarters; Atlantic shipments total 801,000 quarters. Paciflo, ZO.OQO quarters. The total for Europe is 1,190,000 quarters, including from India 3000 quarters, and Argentina 5000 quarters. - METAL MARKET. London, January 15. ...Lead.-r-Imports total 20,651 tons; 'exports, 46C9 tons. 1 • • n; • • .

!'■' ,i. ..." Buyers. Sellers. £ s. d. • £s. d. • !Bk. N.Z.' (£3 63. M.V: 10 4 0 . • - •:;. m.' N.Z.' £6 13s, <d.) ......16 2,6 • •f&ruitable Building ...... 9 15 0 — ■ K.Z and; E. Plato 2 0 0 - f. Well. Invest. T. and A. ..... —"• HI 0 Well; Trust, Loan. Ltd. — 1 1 5 0 iNapier' Gas (£5) .... . -r" 9 0 0., I -''.swai.- itas ■ (£tt). IS 0 0 ■jUM. insaranco — ' 6 6 0 !6. British Insurance 4 15 0 — ; ' (Standard Insurance .......115 0 ■ — . .'iGear.Meat (£1).3.18 .0 . — jY/n. Meat Export (52s.'6d.) 2 13 0 — 'N.Z. Shipping (ord.) 1 ■ 18 0 0 .rUnion. Steam (ord.): ......... .1 4 6. — . ; ;Union-Steam-(pref.) .......1 0 3- — Well. Woollen (ord.) 5 10' — ■Well. .Woollen "(pref.) ...... 3 7 6'—' Drag: r - • - 2 5 0 | . Ward.'and Co. -..' 5 7 6 — r • j : : -(Cum. div.