COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 633, 9 October 1909, Page 8

COMMERCIAL ITEMS.

r'v ys INVESTMENT 'SHARES. buwr!. w r fi oi 53 'j,, Sc ? utl1 British Insur " mid' hvlnL £tt 3 - }$■■ Olinatchurch Meat, £2 SnveVs Ir fii ? "'ii .V Nc i V Zealoj "l Shippinß,' £3* i q . v' ! .i 1L on -Woollen.' buyers 6d• Shnr1?„l"""A sellers £1- la. I landß ■ordinary,, sellers 20s. ■ 9d.: nrebnyoi^Te^r 3 . 2113 ' , 6d '\ •PotrileSm.

... . EXPORT FIGURES. . ' ■ land*i2jHh?H»irs ? :< f ewA'frbm'lfew Zea'3o 'are-no*'«^wSte C^ns®«i»? n *i d ' SeDteml)er with thoj'of the year' undeTl" 8 , 1908-9..... 1907-8., OhM« ' '•-•••"••'• 1/87,10? - -UMW ■■ '&' : r] r :::::::::::::: : <S BI :■ 6 l : §f . "; ..ifey'' —. ■ ■' ,TOT blts ■""""" Sl».'. ' GraTn m'm - ' 40M77 Grain and pulse ... .65,327 •29 097 ; '- '345,618 ■ • 398.381 . - -Wool 5,925,268 , 5.889,779 • ; ..•. (iol '}. 1.978.611 /. 2:043.975 : . V ■ £17,544,503 •' .£15,414^833V : „.li? erc , lß '- a ni increase of £2,129,670. which -is i£lBSw B s^ „; sat, ? fao ■ t ? r^, ' Of "X; lucrtose yekr^'?firt •thii? !Cn - rc ? ln 41l e-.s«ond half. of-tho Sstw,S s v 8 oTery..probability- that,-the °^ lln^ce^m n^ ' month. oihihiSS . ? expansion. The exports for: 1908 with'l9o7 tfe™ 'W2WM. as -compared ;twWhird'a- ? Sf ® ibss aT ° rccil ™ ab ? ut ;."•;■■■'■ .. dearer money.: : ; '■'. •' Bank °o?- Ci p'nM!. i^ mum discpunt, rate vol tho ner p«nf •'*? P» was • advanced , from '24 Fowe'r rate eL^n ( ce^'- cn - Thursday - Tho iUHCi idie came into force on Aoril. 1 arid has-been operative for 190 davs ! •T.aS- vAor ? similar rate ■ becamo effective *on lfav '29 arid throughout the veav conseouenUv i h H osltlon .- ??w Is worse -than it was twelve ,3 per cent., and maturing in' FebruarV at >to 52 pcr ? ent - ' Thc reserve the--rtSinnrtfm,' ; ' r abollt /" thr<: and ???Ph« °k: T!SSCT P to liabilities by. two fflne •*' ?Ilfao l , C of :banl?-.,i8 stillj very •''deSdT-fili' .nrosnfctivi ' fl l anco " th «

" f „S? toms roTC " ue collected at Wellington ves■terday amounted to £2559 9s. Cd.' • .• 1 ? • , WELLINGTON. MARKET REPORTS - oats «, j,i f ', 0Bl !s8d.; algernn oats,. 4,5. 2u. to. 25." Cd.; maize, 4h. Id tn 4« • 6H U -' 3 r?nV» Ul S 7a ' : V * oV/1 bar r 2s.' 4d. to 2s' W«,'. ?, p ? barley seed; 2s. 6d. to 2s.- 9d'-' flour bran S £U: , 10 ?-: Australian, £12;' fs-rpSBSsS t-o .to A3 , 55.; pollard,''' £5 '-'to f £sr^m R . ;;; 'ti a^V i£ -^' ;^ -oaton-shoaf, j O3 -. .to. £3 155.; oatmeal: . £10 "los > fn SJi 18 - 0 -!'''- td e '" v:t3 " 7 £4 :i m' 'New' ■ mv^PAi\eso rt lonions, . -£ii,vri tn £t?. W!?? a „es;,; £5;" --bacon',' 1: faHbry built 8d '(O S s '- B i d - i ;. rolIs ' T BW;;' butter; prime Dulk, Bd. to 8»d. Poultry:' Hens. 45...6 d. to 5s 6d-; . ducks, 6s. to 75.; turkeys, gobblers, 18s. to Ss'' f iJ° , - Ms * W fl ' c , sll cg SS, Is. dozen;. cheese, 6d. to 6id. .-per 1b.;..10af, 7d. to 7id. per in.; Akaroa machinc-dresscd cocksfoot, -73d. to, Bd.; farmers : dressed cocksfoot. Si: to 6d. ser Per- bushel;ItahSni ryegrass,. 3s. (Scl. t'4. ,4s: "fid. bushel; l white clover, 70s. to 755. cwt.;'ted clover, -75s.'cwt • W ."*• cwt.i .alsike 82s.' 6d. cwt ;■ S'' £ iu tr - 0 / n oll i J 37! '' '(f 4 - «*»."«• .rape :'sbe'd, 265. cwt.,;: .timothy, 325: 6d. cu'i.; Bwcde and turnip seed,"sos. to 60s, cwt.

-WOOL, HIDJJ, ANH TALLOW,'JSALES, -i*': „ B rs. : ;l)aifeoty.' anil'. .:Coiiipany;-Limited, -report havingJield .'their'fortnightly sale' of wool, skins, -.and hides.-yesterdayiUwhenj.they: offered a-good; catalogue.- of: all.'classes 'to the' usual attendance, of. buyors.-,-, Prices were as follow •- f Wool:; Only a ■ offering,, most • lots being hold- over for -November sale: , Prices .were ona par .with, last, sale;. -. Crossbred,.[inferior,. 53d., 5?- edij rcroaßhrßd. ; dead.- 53d. to. 63tft;'-crutohink'' '43d.;. -black, . scedy, x 4»d.; washed pieces, sd.- to 4d i ;i.washed;l6oks, ,3|dwr rabbitskins.-->i93d;s horsehair,-, ils.'.'' Sheep.' slurfsri-Pripes^cr.e. "'.on : ]a;, JasUsale' for ,be^.tefi c ;£uaiit]oSr; firmer. -and 4 . .sUghtlv feasicr' Best 'hnlfbred, 4 " 9d.: fine' 'cirbssfered; 4d t v 'to fHvV'crossbrcd, 5d.. to, 7id.;-cro3Sbred,-fdead,''sad. : to - 6ia.; croSShred,shorty 5Jd; f - half bfed'; • shorts. •6Jd,: merino, 6d.;to .-7id.{ crossbred, :broken :aHd soedy, '. 3}d.* to - .5Jd: j. / hoggets, ■rMn\ crossbred, damp (best),' 7s. to Bs. 8d.; ( crossbred, inferior 3s. 6d.; now season's • lambs, Is. Id.-to Is. 2d Hides: On. a -par with last sale. No prime heavy hides offering. Ox,'medium,/6d. to-6M"'' light, 55d.v to .5Sd,: .cow,; sd; to-.5Jd.: cut,.-5d., to sfid:;. slippy,, 4d.: to 4Jd. ; pearling,-S2d. to calf-'(best).-Sd.rto- 9Jd.';. medium, 6d. - to- 7?d.-' inferior,-."4d. to."sid.". .Tflllow: Im'.casks,: 235; 6d.'-m.'tins,-235. to:'23s. 3d.,, : . •.

vlteßsrs. I.ovih .and : Company, Limited," report as followsWe held :our fortnightly..sale yesterday,;whenjwe.offered.2soo skins, 1000 hides and. calfskins, and a/quantity of'tallow andihorscwaa a eood attendance of buyers' ■aud. bidding was, animated throughout.'' WoolNo wool was offered,-aU coming to hand being held -for . the opening sale of the new season -o5 November 12..-. Skins: Very, strong -: competition at- last,sale. pricesT-dead and inferior skins adbrcdsjm ,to '9d.; crbssbreds, 7d. ; to' Bd/; hijgget- ! f 'dead-skins; fldi'-'to^id.i-dead hoggets, :|d;-. to'<M«Ljfauarter.fo:'half-wools. <-M: \ to.ifiid.-;-:dry,-: pelts, ,2Jd.- to ,-5d.;-.green ..ekins, - 55.-;-tp.,Bs.';-Bprint.'lambs,-i9d,;-.to.lSi 3d.--Tallow:.Firm. Parcels in. sliippinn-order,. £23 15s.;;tins, £18 to;m,lss.';, rough fat, £10 to £19 10s. v Horsehair , ! Js:-. to. ls.:sd..:per -:lb. '; Horns; ss.' to -165. per hundred." - Cowtails, Is; 3d;-, per-: dozen, ' rHides: Market'firm.; Wo ouote:-Ox hides,- 61d: .to'- 74i o* - hidesj-.. medimn, 6d; to 6Sd.;- ot hides, light, sd. to. 5Sd.; n cow -hides,. sd.' to 53d.; cut and ..slippy,'hides, 2d. to sd.;,stag hides, . 2id. to 4Ad;; bull : hides, Zd. to: 43d.; yearlings, sd.' to 6Jd.;. talf, best, 7d.: to lQd.; calf, medium, sd. to 6Jd.; calf, cut'and slippy,'3d. to sd. •

; Messrs. ' Murray,' : Roberts,, and Company/re-pprt.:-re|tcrday we offered 'a, few odd parcels of .wool (all bale lots being held over for our first wool sale ol: November 12), 200 D sheepskins and. 2603 hides and calfskins.' The market ■ showed .great .firmness, -prices paid last sale for sheepskins being in some cases exceeded. Hides , were,, on tho whole, one-eighth of*'penny per ,Ib.- higher, .but calfskins, except for the"very •,beSt illncs, were, rather easier.. Prices rullne ;were.--.as followj-^Tool;;'Crossbred fleece (odd.monts)",.6U.r to_ : 7id. per lb.-,, crutehings, 4id. to old-.per lb. ~Sheepskins: .Crossbred, fine, 'Bid.' to "id. per_ lb.;'crossbred; coarse to medium, 71d to ; Bd. per. lb.; crossbred,' inferior pelted; l sd.' to' 7d. per lb.J . .crossbred, badly' damaged,'-2d; -to 4W-. ner lb.; -crossbred;'- dead.'3id." to' 6Jd. per .lb.:'lambs,'.Woolly.• 7d. to''BJd.\ per,lb.: lambs: shprt:-.and.^inferior,,4id.'..to 62d. -per Ib.j.daino skins, .lieht, to medium, 55.; to 7s. 6d. eachdamp. Pkins, heavily woolled, none: offering' .Hides: Ox. extra heavy, 6id. to 7Jd.'per lb • ox medium- to :heavy, >5Jd. to. 6!d. ner lh .' ni' lisrht,' SJd. to 5Jd: per lb.;' cow, good,. 53d.. to SW. per. lb.; cow. ordinary to medium, s}d.'to. 5Jd./per lb.; bulls. Id. to IJd. per lb. ; calf, best, $!}•'■ i° P er ,J. b -; calf.' ordinary to medium, 'BJd. to 9d. ner lb.; calf, damaged, s}d. to 6!d per lb. Tallow: In tins, 215.,t0 235. per cwt '

- Tlie Ncw'.Zcaland Loan .'and Mercantile Aeencv Co.;. Ltd., report:—Our 1 sale yesterday was woH attended, and cntaloeues wore clearcd 'at nriceß •lully'Up.to .last-'Sale's rates.'Wool in'bales is ..aowrbdnp. held-lor, tho first -sala of- the-.'season,-.which .takes- place on. -November 12, and -consequently our offerings comprised bag lots only. We,:quote:—Sheepskins: Fine crossbred, 7Sd. to Bid. per lb.:, coarse-crossbred, 61d. to 7td /■nr.r lb.; flqaj skins, 4d.'to;63d. per lb,; short wools, . fld.-to 5d.. per lb.;- green and damp', skins; 2s. 6d. to Bs. 6d, eachi-:lambs. Is. to Is. 2d. each; shorn.' pelts, 10(1. to ,Is. each. Hides:- Ox/ medium, 53d„ to 6d. .per lb.; cow' and licht Z 52d.'to sgd. per lb.; faulty hides, 3Jd. to 4?d' per 'lb.; calf, best, 9d; to 10d,.per lb.- "calf medium, 7d.- to ■ Bid.. per lb.; calf, faulty, 2d. to ,63d.. per lb. Bones,' to «s. ,per ton.' Horns to ,135.. per hundred. Tails, to Is. 3d. per dozen Tallow: In tins, 20s. Bd. to 255.: per cwt.

•"< Messrs. Abraham and Williams/Limited Wol Ilngton, : report on their skin sale, held yesterday.- as follows^—We offered a largo cataioguo of wool, skins, and hides to a renrescntafi™ gathering of buyers, and bidding was keen for 'all-classes of producc. : Wool, of, which our catalogue comprised mostly medium crutehincs -was -eageHy competed for and. ruled in famvir ,of sellers. Skins and-hides were in good do mand, and spill at late rates, although -s6me lines of-the former were wanted at a farthing lower than last-'isale. ■ Damp skins sold at . 61i ?h?Jy I ? w ? r / r f tes -. than tho- - extreme prices .paid at last. sale.. Tallow ruled ffirm We ;Bough crossbred,.7d.; dead 6ld • washed,pieces, 5Jd. ; medium' crntchlngs: sd. to sid..'^inferior,'• 43d.• .Hkihs: Halfbred.Sid, fine crossbred;.'. Bid.; medium 'crossbred,'73d.- coarse .7Jdr: -rough- crossbred, 63d.; dead, ■ 41d. to 5M iambs,,;.s3d. to ~71d.;. halfwools.- ■ 6d. ■ to--61d ■ •merino, short, Jd:-,. .half /dry -'and-;.green cross'--breds . hoayy,-75.,:10d. ;to Bsli ; medlum,- 7s 9 to :7s, 6f r lishtor,; 6s. 3d, ; to 65.: Tonight 6s „6d., lambs/ Is. 3d. - Hides;. Heavy .01, 7d.;,' me»

U J? 01 - . 6 id. 'to 6id.; . light, 53d. to 52d • VCM& S 00 6W EOO IT' 6J^': l lo ™ condition, sldl! yearling, fid.;, ca't, ordinary, 9d. to 9jd.| cut, nnn'lifv M ij 1 " shl l>P m e orfor: Medium quality. 245.; 9d. per cwt. . . BANK OF ENGLAND RETURN. (By Telegraph.—Frcsß Association.-Oopyrlght.) London, October 7. wli? B 9 n Jt of England return' issued for the undcr--? n Wednesday, October : 6,. is' ao .7 . TCSTJE .DEPAHTJEENT. • Koto Issuo ... i51.917.CC0 Gov"; securities *11,015,000 ' Other Becuri* .•'•/ .-' .ties . ... . 7.434.000 . Gold • 33.4b5.000 £51,917,033 ' i's],Pl7,Coo BAXEING DRrAHTStES'T, TroprJetors Govt, sccuri- . '•••■• capital £14,638,C00- ties,- ... i17.707.0M ... Public do-•. Otborsecuri' - ' Other'de " 6t998,0W ' ties . r»» 58.553.00Q 1^ posits ... 45,256.000 Notes . 2!2,189,000 ' •BfiEt, 7-day ' wa other Coin 1.447,003 3,133.000 ; - j£69,C2fi,oCo £50,026,000. Thd.'lea.ding items of the Bank of England ro;turn rafford tho following comparison*.— ThisTreoU. Last week. Las 6 year • • .J,u . £ J - BaUJQErr. M - . ... 33.468,000 S. r .£60,C00 35,3iW,000 "Besorve..." • .... J3.636.UC0 . 25,076.000 - 55.1-59,000 £ote circulation • 28.709.000 £9 <j"0 000 PnbUo Deposits 6.993.C0J 8.835,0,0 ■ 4.336,000 .Other Deposits 45.256.0W 42,721,000 46,699,000 Proportion of ' ' reserve to , • ' •• liabilities..., ' 45.21 .60.30 60.93 : '' GOYEENItENT SEOOEITIES. ■ f™ h ti : following are., the. latest quotations Qoyernment securities, with a comparison of those -ruling last week:—

;' . . THE MONEY MARKET. : Tho Bank, of England discount rate is 3 per .cent., to-.which .i* Was advanced on October 7. Tnc open-market discount rate for .best three months', bills ia J higher at 2 7-i6 . per cent i. he .rate .in .Paris is 2J per cent., and in Berlin 3d x>er ;cent. , ' Short- loans, are Quoted in London at 1 per cent, f.v ■ - .. .. ::. v .:', .-v. V ■/ COLONIAL AND OTHER PRODUCE - ; Wheat.-Th*q . market is . dull. ' : : Buycfß T 'aro apathetic, and unwilling to increase their stocks indifferent iand'.are-plirsuiric a policy, .hopine for 'an improvement latere meanwhile tho world's shipments' are very heavy: the .Russian constituting a.record. There has. been .a rather better inquiry for cargoes during the last few days;'4ls.'to, 41s.' 6d,-is asked for Australian 'afloat, '375.-to 37e. 6d. for new. crop; and '40s. for parcelj afloat. Littlo demand for • Australian on • spot'at 425. 6d. to ■ 435.-fid.: New. Zealand, long berry, 385.,' short berry,/ 375., , •..

, Flour is dull. Australian patents obtaihablo at'3ls. ex'ptore.'. . . • • /•' - . ! Butter.—Danish 1265. to 1283..' Owing to strong German-'.demand, tho'market is'very firm. ; A •few .yof.v'the/.bost colonial . lots arriving are heingrreadily, sold.- - Australian- 114s. to;il6s.. New 4 Zealand. 116s. to 118s. . Secondary 6drts aro quite- ne^lfeijted..- ; , . Cheese'is'dull. , New Zealand" 56s. r to 575. nor cwt, v _ l ßngar- is" quiet, German beetiv 88deg. 10s: lid: first, mark-granulated, f.o.b. Hamburg; 12s. 10d' per .cwt., •• •• .'Tbps^—The . market .is. rather, nuiet 'and ".pricesj are unchanged, :.r v . • •• ' . THE- METAL. MARKETS.! .■r.runaii- .'■ Copper:—Spot. 225. (d. 'lower, at £58; three months. £58 18s. 9d. per ton. ••Tin.-SpoV7s.-6d: highor,. at £139-2s,'6d;Y'three months, 10s. lower, at £140 7s. 6d. per ton. ' ' :.Lead,;-2s. fid. Jiigher, at £13 ss. per ton.. Pig-iron, sd. lower, at ,525. 2d. per ton. Spelter, £23 ss. per ton. . ' ■ ■ * ' LONDON; JtARKETS. '' i Messrs:yDalgety and Company,-Limited,' re-" port having.-received the-following cabW'messages .from, their . London; house,, under . date of Sgft&frTjrSTOMn.'meat: Prices arei'.unehanßsd.' Thiire if a JMr; demand for beCf'.'and lamb. blit only n poor demand for mutton. .Tallow :• Prices jn general are from par to 3d. higher. Advance Jachiejy; on mutton.,-Wool:-The sixth scries .whlfch', niwo :been fiSed to'- open on- -November 23 will:be unlimited, and, all' arrivals up'to'within cicrhft days ;of the opening of .the sales .will be aamittea. ~v- ' ' .. ;

' Variations • Price ' compared . • • ' with •••■- ' •' - lastweek. 2 J J ?N'^ P w ri f^ 0 , ns0! ?'V ' - ■ W'O'.O -iiMVma: -iVv§ , S* I933Jau * _JuI y ••• 108 o 0 Unchanged a .•£jS.W._1035 Apl.-OcG. ..i 86 7 ti' Unchancftf : - 104 0 0 2b: M. lower P''te2»i J ? 1, ' J ? lr ■•■ '2s.IM. lower tii., 1£2 9- 19 Jan.-Jmy ... gg wo - - Ss hlcW 1 ' - «■.•»>• rcfflS1 T y i ' '» «» »■- Unchanged 4 104.2"6' K 83^2?r W,^ lr ••'• OT10 '° ' Unchanged 5 " ;v SV nc'ftf at !r' u ' )r ' •■' 3615 0 I'2s,6d, hieher ■ti 'N7'S y • — 106 0 0 1 80s. lower 3 "&•'/■ ™-i an - •?>«•.•# Unchanged "• 66 10 0 »s.«4.-higher' 1 , 'w'A'i^«« liy 'v 0V - 9713 6 53Ts.6d.lowor 3.. „ w.A.191M5M a y-i<ov ■■■ ... 8711)0 cOs lower fcft""?! - *2° 0 0 . Unchanged 3 , laa.ll/AMOJaa.-July ... 67 0 0 , Upchapged