COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2838, 1 August 1916, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. . ■ Prices of investment stocks yesterday were as follow:— Buyers. Sellers. £ s.d. • ■ £ s.d. National Bank ...: 5 5 6 — Bank N.Z. (£6135.4 d.) ... 1615 0 - ■ Well. Trust, Loan, Ltd — • 7 0 0 Napier Gas (£10) 15 10 0 — Well. Meat Ex. (£2l2s. 6d.) - 3-2 6 HuddartrParker (ord.) ... 1 5 0 16 3 Union Stcain. (pref.) 1 0 10 — Well. Woollen (ord.) 6 0 0 - Well. Woollen (pref.) 3 15 6 — Waipa Coal • :. 0 18 4 - Westport Coal 19 0 — Leyland-O'Brien 12 0 — ?J.Z. Consol. Dental 1 1 6 -— WHOLESALE PRODUCE PRICES. Messrs. Laery and Co., Ltd., Allen Street, report wholesale prices as follow:—Fowls' wheal,' prime, ss. 3d.- per bushel; fowls' ■wheat, medium, ss. 2d. per bushel; fowls'

barley, 4s. 3d. per bushel; Cape barley, 4s. 9d. per bushel; partridge peas, 6s. 6d. per bushel; maize fceu, ss. per bushel; chaff, oat-sheaf, £6 ss. per ton, sacks in; oat-straw, £4 ss. per ton, sacks, in; hay, clover, £6 ss. per ton; flour, in sacks, £13 ss. per ton; oatmeal, £18 10s.. 25's, pel - ton; bran, £6 perton; ipollard, £9 per ton; potato seed, Early Rose, £10 10s. per ton; Northern Star, £6 15s. per ton; TJp-to-Date, £7 ss. per ton; Gamekeepers, £6 15s. per ton; bacon (all best factory), sides, is. par lb.; rolls, Is. Id.-per lb.; hams, Is. per lb.; shoulders, lOd. per lb.; cheese (factory), medium, lOd. ner lb.; linseed nuts, 13s. per cwt.; -linseed ground cake, 13s. per cwt.; rice pollard, £7 15j. per ton; rice Hour, £14 10b: pci' ton; onions, £7 ss. per ton: Victorian, brown Spanish; potatoes, white-skinned table, £8 ss. to £8 15s. per lb., southern grown. Customs duty collected at the port ot Wellington yesterday amounted to £2737 Us. 9d. LOXDOJf WOOL SALES. The New Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London house, under date July 28: "Wool sales closed firmly. As compared with June 8, merino, superior. 5 per cent.; medium, inferior, 7j ipcr cent, higher; crossbred, flue, greasy scoured, and coarso slipe, 5 per cent, lower." Messrs. Levin and Co., Ltd., have received the following cablegram from their London agents:—"The wool sales have closed very firm compared with opening rates, with the exception of fine crossbrods, which arc 10 per, cent, cheaper. following are the average of the pncea of the tleece portions of some of the clip 6 sold on your account:—Ruatca. Alfredton, Is. 4 o-Bd.; Valdor, Mastcrton, Is. 2Sd.; Glendhu, Martinborough, ls. v sd.; W.H.D., Masterton, Is. 5Jd.; Huia, Bulls, Is. 5d.; Moutere, Bulls, Is. 41d." Messrs. Dalgety and Company, Limited, received the following cablegram from their London office, under date of July 23:—"The fifth series of wool sales closed firm. As compared with the closing rates of last sale super and good scoured merinos were 5 per cent, dearer, whilst short and faulty were on a par. Super greasy merinos advanced 5 per cent., and good from ipar to 5 per cent., end faulty were at a par. Lambs were from par to 5 per cent, lower, and coarse and also crossbred lambs were 5 per cent, lower. Fine scoured crossbreds showed a declino of 5 per cent, and medium and coarse 7 per cent, to- 10 ,per cent. Stipes, were from par to 5 per cent, lower; 12,500 bales .were carried'forward, of which 8000 were, not offered." The Bank of New Zealand has received the following cablegram from its London office, under date July 29:—"The wool sales have closed with a firm market, at the decline recorded at tho opening of the series. Current prices]are :—Fine crossbreds, 19Jd. to 20d. per to.; medium crossbreds, 17} d. to 18d. per lb.; coarse crossbreds, 16d. to 16Jd. per lb.; super merino,. 23d. per lb.; inferior merino; 16d. to 17d, per lb.; halfbred-, 20Jd. to 21d. per Jb. HIGH COMMISSIONER'S CABLED. EEPOET. The Department of Agriculture/ Indus- , tries, and Conunerce has received the following cablegram from the High Commissioner, dated London, July 28, in regard to the London wool sales:—"The wool sales have closed with a firm market for superior wools, but irregular "for other oualities. Home' buyers are. cautious on' account of Government purchases of Home clip, and owing to the great uncertainty regarding future action. Estimatedvalues:—Fine crossbreds, all grades, Is. Bd. to Is. 10Jd.; medium crossbreds, all grades, Is. 4d. to Is. 7d.; coarse crossbreds, all grades, Is. 2d. to Is. 5d.; superior merino, Is. Sd. to 25.; medium merino, ,le. stl. to Is. B£d. ; inferior, Is. 2d. to Is. 4Sd.; 94,000 bales were held ov.er. HIGH. COMMISSIONER'S MABKET KEPOitT. The Department of Agriculture, Industries, and Commerce has- received tho following cablegram, dated London, July 29, 1916, from the High Commissioner for New Zealand. (Note—Quotations, unless otherwise specified, are average mar-KBt prices on spot:— -. Meat.—N.Z. mutton and lamb are in active demand owing, to short supply, and prices are unchanged. Owing to continued small euppjies of N.Z. mutton and lamb, Argentine mutton and lamb prices are higher. American ' chilled beef, ex ship, is turning out in bad coAdition, with the result that I. believe the market has settled'down again. N.Z. mutton, Bgd. per lb.; ewe mutton, BJd.; Argentine mutton, 9 3-Bd.; N.Z. lamb, 9Jd.; Argentine lamb, lid.;. N.Z. bull beef, hinds, 5Jd.; fores, s{d.; Argentine chilled beef, hinds, 9jd.; fores, 7d. . , . Butter.—The market has a firmer tone since last report. Danish, sahed, per cwt., 1745. to 1785.; Irish creamery, salted, 160s. to 1625.; unsalted, 1625. Io 1645.; Canadian,'salted, 1645. to 1665.; unsalted, 1665. to 1685.i. N.Z., salted, 168s, to 170s„ and up to. 1725.; unsalted, 168s. to 1705.; good to fine quality salted. 1645. to 1665.; Argon-, tine, salted,'ls6s. to 1585.; unsalted, 158s. to 160s. ' - - ' Cheese—The market is auict but steady. Canadian white, 88s. to !)2s. per cwt.; coloured, 88s. to 925.; English Cheddar, 102s. to 1065.; N.Z. white, 90s. to 925.; colouifl*, 88s., according to condition. * — shipment or cheese has been healed. ♦Mutilated- word here. . Hemp— The market is vory quiet, especially for distant deliveries, but there is more demand for immediate delivery. Good fair, N;Z. hemp, per ton. £4S 10s.; fair, £47; Governmentrgraded fair Manila,. £51 10s.; coarse, £47; forward shipment' good fair N.Z., £47 10s.; fair, £45 lOf.; Government-graded fair Manila. £49; coarse, £46. The output of hemp at Manila for the week ending last Saturday was 19,000-bales. -Wheat.—The. market.is firmer, but offerings arc very small. Argentine, afloat, 695.; Canadian, landed, 565.; afloat, 555. Oats—The market is quiet but firm for Argentine aiVived. Linseed.-Tho market is firm,'with har dening tendency. Calcutta, 725. Hops.—Tho market, is quiet, but rather steadier. English, 120s. to 1545.; -Califoruian, UOs. to 130s. ' -