COMMERCIAL.

Sun (Christchurch), Volume I, Issue 61, 18 April 1914, Page 14

COMMERCIAL .

TO-DAY'S POULTRY MARKET. There was a large entry in the poultry market to-day, and prices had a firm tendency for first-class quality. Table chickens'realised 4/6 to 8/10; unfinished and light chickens, 1/3 to 4/-; ducks, 4/- to 6/6; hens, 2/- to 4/9; turkeys, 9/- to 32/-; 'geese, 5/- to 7/per pair. THE EGG MARKET. The egg market is somewhat easier, the keen demand for Easter having eased off. Supplies are not plentiful, and prices will rise again towards the end of the month. Canterbury first grade realised 2/-, second grade 1/8 to 1/10, stores 1/7 to 1/9 per dozen. Messrs Kaye and Carter, Ltd., are in receipt of" cable advice from their London agents, Messrs Gilbert, Anderson and Co., quoting Smithfield market prices as under: —Prime Canterbury lamb, under 36, GJd; do, 36-42, s|d; do, 42-50, s§d; Southland or North Island, selected 2S-42, s£d; North Island lamb, 2S-42, sjd; prime Canterbury mutton, 48-56, 4 11-16 d; do, 56r64, 4 5-16 d; do, 64-72, 4d; Southland or North Island, selected 56-64, 4*d; North Island, 56-64, 4d. Messrs Dalgety and Co., Ltd., have received the following cable dated London, April 16, 1914: —Since our last wire any change in prices' of frozen lamb is in favour of buyers, and prices of frozen mutton are Id to {d lower. There is a declining tendency in the frozen mutton market. Frozen Beef —Prices are nominally id lower. The market is very quiet owing to cheap supplies of chilled beef. LAND SALE. Yesterday Messrs 11. Matson and Co. sold by auction 67 acres of land at Southbridge, on account of the trustees of the late Moses Cryer, at £25 per acre, Mr F. W. Scott being the purchaser. THE SHARE MARKET. As the various stock exchanges only resumed business on Thursday, the markets have been devoid of special interest in any' particular stock, and prices showed . little variation from those ruling when the exchanges closed for the Easter vacation. Business on Ihe local exchange has been practically at a standstill, only three sales having been reported in three days. In all centres reports to hand show that stocks are firm but idle, and business generally shows irregularity and indecision. No doubt now the holiday period is over the market will show a more cheerful tendency. Banks.—Bank of New Zealand shares: The fully-paid issue (£l6 13/4) are still wanted at £l6 5/-, but sellers are asking £l6 7/0. For the second issue (£3 6/8 paid) uyers are offering £9 I";/-, but sellers are holding off for higher figures. There is still a demand for National. Banks at £5 6/-, without sellers. Union Bank: Buyers are now offering £SB 10/-. Financial.—No business has been reported, although buyers are offering £4 2/6 for National Mortgage, and 42/6 for New Zealand and River Plate. Gas.—The demand for Wellington Gas shares continues, and prices have advanced, a sale being reported from Wellington at £l6 7/6. <'hristcluirch Gas: Buyers are offering £7, while sellers are asking £7 1/-.

Insurance. —These stocks still continue in firm demand, the only business reported being' a sale in Auckland of Xew Zealand insurance at £o IS/6. All lines of insurance stocks would at the present time find buyers at prices in excess of the present quotations.

M ; e;'i.ts.—Xo business has been reported, although buyers are steadily quoted for all issues of Christelrarcn and Canterbury Frozen Meat Company's shares. Shipping.—As v 's anticipated, the Union Steam Ship ompanv's ordinary shares have advanced to their former figure of £1 ■)/-, and this week sales have'-' been reported at '24/9 and L'o/-. The preference issue are regularly enquired for by practically all the exchanges at i! 0/:!. Coal. —Taupiris are enquired for at 22/ Ci, and Westport Coal at 27/0. Sales in the latter issue have been reported at £1 7/9. Miscellaneous. —There are sellers of Manning's ami Ward shares at S'2/d and £5 1/- respectively, but no business has resulted. Sellers of Bovvrons 'are quoting (i/-. N.Z. Farmers, ordinary shares, are regularly enquired' for at 4-V-. ami the preference issue at £."5 2/G. Buyers are offering £•"> 1-V- for Whitcombe and Tombs, but no selling quotation has been recorded, holders evi-

dently being quite satisfied with their investment.

Mining.—Waihi: Last week ended i with'sales at 44/-, and sales have been reported this week at the same figure, I and yesterday 'a sale reports from 'Auckland show that they have declined to 43/3. Waihi Grand Junction: The prices of these shares have firmed, sales of last week being reported at 26/6, while this week's sales have been 27/and 27/1. CHRISTCHURCH STOCK EXCHANGE. APRIL' 18, 1914. SALES REPORTED. N.Z. Tanners Co-op (pref.) .. 192/6 Watchman 3/ TO-DAY'S QUOTATIONS. Buyers. Sellers. BANKS— National of N.Z. . . 100/- . ' New Zealand (fully paid) 320/- 325/- • Union of Australia ~ . 1170/ BREWERIES— Manning Ward /L — National Mortgage .. 82/6 N.Z. and River Plate Land Mortgage ... GAS — Christchuroh . . . . 140/Wellington INSURANCE — National of N.Z. . . . . 52/- . New Zealand .. .. 118/Standard of N.Z. .. ~.. 32/9 MEATS— Canterbury Frozen Meat 178/- 180/Christchurch Meat Co. 320/SHIPPING— Union Steam Ship . . 24/9 Union Steam Ship (pref) 20/3 WOOLLENS— Kaiapoi (pref.) . . . . Wellington ""■..' .. .. ' 82/MISCELLANEOUS— N.Z. Farmers' Co-op. . . 45/Ditto (pref.) . . . . 102/6 Taranaki (N.Z.) Oil Wells 3/6 - . Whitcombe and Tombs 115/MINING— Progress 11/9 Waihi Grand Junction. Watchman 2/10 3/2 AUCKLAND STOCK EXCHANGE. Press Association. AUCKLAND, April 18: Sales—Talisman "38/6, Waihi 43/3, Watchman 2/11.