COMMERCIAL ITEMS

Dominion, Volume 10, Issue 2996, 6 February 1917, Page 8

COMMERCIAL ITEMS

INTESTMEfiT SHAKES. A sal 9 of Bank of Xew ■ Zealand new issue shares at £17 ss. was reported oil the Exchange yesterday. The quotations were as under:— Buyers. Sellers. £ s. d. £• B. d. Rank N.Z. (£3 63. Bd.) ... 11 0 0 ' - TT.Z. and River Plate ... — 119 0 Auckland Gas (paid) — ,19 9 Well. Gas (£10) — 15 0 0 Wett. Gas (nref.) 0 18 3 — ' Well. Meat Export (.£5) ... 6 5 0 - Union Steam ford.) ...... ,2 0 0 — Huddart-Parker (ord.) ... 1 4 0 — Waipa Coal 0 18 (1 — Leyland-O'Brien 1 i 3 — HIGH COMinSSTONER'S ItABKET HEP OUT. The Department of Agriculture, Industries, and Commerce has received tlie following cablegram, dated London, February 3, from the High Commissioner for New Zealand. (Note: Quotations, unless otherwise specified, are average market prices on spot):— 1 Meat—All descriptions of frozen meat continue ill good demand. Conditions are

now more satisfactory, ;uid there is att in- ? creasing demand (code -word for this sentence is mutilated). , Prices are higher frozen meat not under Government, control owing to tho expectation of supplies being retarded on account of. submarines. N.Z. mutton, per lb., Sid. There is very little competition (codo word for this sentence ;-s mutilated). Argentine mutton, heavy-weight, lOd.; light-weight, IOJd.; N.Z. lamb, 10d.; Argentine lamb, llid. N.Z. beef, no supplies available; Argentine chilled beef, hinds, 12d.; fores, 10d.; American pork, 10id. Butter.—The market is firmer, with steady rise in prices recorded during tho present week. Danish, 218s. to 2205. per cwt.; If.Z. salted, 1965. to 1985.. occasionally 2005.; unsalted, 198s. to 2005., occasionally 2025.; Australian, salted. 190s. to 1945.; unsalted, 1923. to 1965.; Dutch creamcry, salted, 1965. to 1985.; Argentine, unsalted, 188s. to 1945.; American, salted, 186s. to l!8e. Cheese.—The market continues firm. Canadian, white, 1465. to 1505.; English Cheddar. 1525. to 1565.; States flats, white, 1445. to 1465. Hemp.—The market is firm, and prices continue to advance. Manila market is excited by speculative demand, due to fear that (mutilated word here); N.Z., business dull, little offering, quotations are nominal, January-March shipment, good fair, £62; fair, £60; Government graded fair Manila, £72; coarse, £64 (code word for this price was mutilated). Tho output of hemp at Manila for the week ending last Saturday was 16,000 balca. Wheat—The market remains firm owing to the absence of offerings. Australian, afloat, nominally 83s. ... Oats.—The market is quiet, but steady. J New Zealand, 51s. on spot. 1 Hops.—No business on account of desire to. know the effect of Government restrictions. Linseed.—'The market shows signs of strength on account of higher prices for oil. •' Customs duties collected at the port of Wellington yesterday amounted to £1225 13s. Id. N