COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 698, 24 December 1909, Page 10

COMMERCIAL ITEMS.

; J.-V:■. ; : : : V INTESTJIENT' SHAIIES. - , ; . in investment sliares were re* ; cotded • yesterday. Tho markut closed with' finn. National' Bank, buyers £5 '19s.' ; Building, buyers £9 2s. 6d.i--Wei-'iSSSP I L' InT ?P 8 - rfl S llt »''j ,u T y® r ß" Us., sellers lis. 6d.; Trust and Loan, buyers £7- 45.; V/ollinyton Deposit, sellers National Mort-:' gage, buyers-£2 18s. 6d«, celler3 £3j Christchurch • Gas, buyers .49 55., eftllora £10;: Feildine Gas. ' sc S orß 21s. 9d. : Napier Gas, buyers £12 25.. 6d., sellers £12 75,.;6d.; Wellincton Gas. ■5?- s :&6 15s.,Paid, sellers fi 14 ' w J t» ou s h B , r ri tiß S insurance, sellora £2 13s.* 6d.; -WollingtonrWoollon, .sellers £3 4s. 6d.: Hi--1 Cbuyers 20s;, sellers 215.; Xcyland- . .0 Brien : .Timber, buyew £1 3s.} Manning and Po° 4 ' 'buye r s^£3,l7s.; Miraniar preference, sellers 193. r-N.Z.-Consolidated Dental,-. sellers : £1.45. j ••N.Z Paper M/l3r buycr< '£l- te W - - ngton Opera House,' £7 17b. 6d. - - v f y. Comparatively, little business was done in in» voßtment-shares 'during tho month, oven' if wo a ii o^',?o , r thO'lioliday3. Tho course of feales'was ] as", followv..- ' r Bank of 'New 'Zealand, £9 lis.' 6di: " ■' V'National Bank; £5 195.-6 d. ' : • . , „ v; : Napier-.Gas v(£s paid), £12" 15s. s •;; Wei inKton.:Gas. (£lO paid), £18/ XlB. £18. ' .. W6llincton;'Gas (£6 15s. . paid), .• £14.- : , . : New-.Zealand' Insurance, £3 lfis. South British Insurance, £2 13s. 6d. , : 1 y.-ChHstchiirch Meat (£lo:paid);- £11 Zs.' 6d,: • •n' Christchurch Meat (£3 paid), £3 2s, 6d. : ;

' Gear Meat (£1 paid),' £2 .148., £2 14s. Wellington Meat Export (third issue), £2 16s. 6a,. £2 16s. 6d. . . - Wellington Woollen, £3 45.; £3 45.. Taupin Coal, 18s.. Westport Coal, £6'4s. ; Westport-Stockton, 6s. 10d., 7s. 3d. ; , ' Leyland-O'Brien, 235. 3d. ■ Sharland's preference, 20s. 6d„ 20s. 6d. ' . Ward and Co., £4 15sDRAFT ALLOWANCE ON WOOL. Herald", states that the Sydney Wool-Selling Brokers' Association hold a conference on December 17, with representatlves of.the Melbourne, Geelonß, and lirishar; .WooloroKors Associations, for the purpose of considering tho - question of tho abolition of ti 0 • cwt - draft - allowance on wool. IJuring the conference a telegram wa3 received Irom the Now Zealand Woolbrokers' Association as loilows:—"Wish bucccss conference. New Zealand -approves abolition draft." Aftc- a prolonged discussion it was decided that the various associations in Australia'and. New Zealand.; should be recommended to communicate, by circular, with the wool-growers in the various. States,-to ascertain their views as to tho desirability of abolishing the present draft allowance.' At the close' of the, conference the bydncy wool-selling brokers held a meeting.' and it was resolved that a committee should draft a circular,, to,,be ; sent to ol! New South Wales wool-growers, with the object of. putting tho matter clearly before them, and asking their views. ,A3 ,to the desirability of abolishing the draft. .. / v ;. >. BUTTER IN GREAT BRITAIN. , : '' 1 1mports of butter . into the . United Kingdom auring i October amounted to 273,6315wt., or a as-compared with October, • j - imported from Australia and New Zealand wa3 20,121cwt.,. against 5053 owt.,. or, an increase of-15,083ew.t. .France nnrt o l s lw' B , vel ' increases, but ..Denmark and tho Netherlands showed ' Tnf-> iim Ports ' of butter into tho-United KiiedSm fol°l6w tm mpntllß - o£ ' the compare Z . . . .' m islk ?$: - Victoria • 222 781 • •• New:' South. Wales : 177,496 - 115,590 ."106'145 Queensland 91,402 61 662 60119 : Ne\v. Zealand '.. 276,414: 182,047 - 2^740 , •' 768,093 - 506,437 477 698 Denmark, 1.521,089 1,510,455 1,497 404 . 615.901 593,573 572 503 : Sweden, 215,337;, 234,319 263,792 : Germany- ■. 6,394 . ■ 1727' .?«# Netherlands 147,435 209.C66 131 *888 Franco...- a.,;.....;..;.. 241.530 322,849 ' 354,202 I . United States. ...: .-... 103 44,353 693 Canada 34,565 ~; 40,734 21,569 Other .countries . 88,191 .87,888. 104.614 ~ Total '............. 3,638,638 ; 3,551,401 3,432,313. QUEENSLAND SAVINGS.'BANK. : 'libS D ( l uecns l? n Savings Bank report for 1900-9- shows -that additions ; have been mado to .deposits_on.-a : fair scale, • with the■ result that, for the'first time,-a.total of over £5,000,000 under ;Uiat heading is shown. .- The number Of deposi_oQ Juno 30 "last w<t9 106,627, an incroa6o of 6303 for the. year, the total amount of deposits -being; £5,158,219,' or £236,338 moro'than'in. 1907-8. The interest added to accounts for the year was £136,659. :~A's tho estimated population of the State .on Juno 30, last was 573,430, it appears :>that one "persoh in every 5.37- had an account with the bank. The total amount at the eredit -of depositors : represents almost £9 per head of-the population. Taking tho profit and loss account, receipts for the year were £158,029, and itho expenses £155,263, leaving a surplus of £2766. , This: was after the addition of interest to deposits. .The amount at credit of profit and loss at the end of the year was ■ £90,075. t Customs fevenne collected :at Wellington yes;tcjday' amounted; to.-£2507-173.; 7d. ; "PRICES OF METALS. ' London, .December. 22.- . spot, £60 .is.- 4d. per. ton. Tin.—On spot, £154 55.; three months, £155 10s. per ton. -- ■.■ ■ ■ . .: ■- • Lead, £13 Is. 4d. per ton. >' - Pig-iron, 51s. 4di'per'ton.' . -.. ■ - '■ - ,: Silver is quoted at 24 IJ-16d.'-per o!;. standard. V (Rec. f December 23, 11,30 : p'iv;) • ■ Copper.—On spot, £60 55.; three months. £61 18s. 9d. per ton. _ Tin-On. spot, £153 12s. 6d.j three months, £154 15s. per ton. , : - .. Lead, £13 Is. 3d, -por ton. ' - ' • LONDON MARKETS. "■v. '■ wue.«\ . : (3y Telegraph—Press Assoclation-^CopyriEhU. - : ' ; London, December .22. Tho wheat'.market-is-quieter." There is less demand for cargoes. Sellers of Australian new crop -by December-January- steamers--ask 405., and by sailers 395. 6d. ' Barley.—Best ohevalier, '345.; good malting' 3is. to'32s. .. - -.. . i'; ' , . (Ilec.. December 23, 11.30 p.m.) ' It^?.°n^ er^ a ! l ;' :vi?ibl0 supply-.;! of - Wheat is.' 63,731,000 bushels.; . .. r-;' " TALLOW. ,tho tallow- sales 672 : casks ' Offered .'and ' 3CB sold. ■■ ■. - ' .-' " ■ r. -~> - yyf- ■ s y- : .shakes.; ■

;:Shares aro-unchanged, • The New .Zealand .Loan and Mercantile Agency Company. Limited, have rccoived tho following cablegram -from' their ■ London house, under date. December 22:—"Wool: As .compared with last , sales' closing , rates, prices are 'about 6 per cent. to. 7J per cent, higher for medium and. coaTse greasy cro3sbreds.", j MELBOURNE . HIDE . SAI,ES. '!, "" , (By Telegraph—l'resß Association-Copyright) V J.,., Melbourne, December 23. At the hide sales the supply, was moderate. Medium .weights were : unsteady;, others, firm. There will -be no sales next week.. ' . AUSTRALIAN PRODUCE MARKETS (By lolegraph.—Press Association.-OoDyrlsht) (Hee. December 23, : 11.JO 'p.m.) . ' Sydney, December 2*. . .•.TTheat,--45." 14.- Flour, £11. -Oats, Algerian feeding. 2s.i white, 2s. sd. 'to. 2s. ,6d. - Barley Cape, 25.,10d.,,t0 3s. Maize.-4s. Id. to 4s ' 2d' ;Bran, _£4,105.. Pollard; £5. Potatoes,' £4 10s. to £6.. Onions, ,Victorian, £5. 165..t0: £6. - Butter 95s:;' seconds,' 85s. to 91s. , Cheese,' fid. Bacon! . ~ Melbourne, Decomber 23. Wheat,- 4s. 2d. ; Flour. £10 16s. Oats, feediae' ,Is. 7d. to Is. 10d.; priino milling, 1 Is. lid. .Barley, 'Im™* 8 '- 'B-llW','? 1 $*"*' 3s " sd; ' Bran:-. £4-.10 a;, <-Pollard, £5 155., Potatoes,: new. '£4 5s Flour, £10. . " Adelaide, December 23. ■ Wheat. 4s. lid.; . Flour, £10. Bran; Is. Id ' Pal. lard Is. 2d. ■ • . . PAEAPABA IRON ORE COMPANY. • Illy Iclecranh-Prcsa Aasuclatloni , : ■ Chrlstchurch,' December 23. At a", recently-held meeting of the shareholders 01. the ,'Parapara; : Iron Ore Company, Ltd it was decided that Mr. It. Chase-Morris Wellington,'and Professor James Park, \Dunedin bo empowered to float tho company in England and elsewhere. ■ It was intended to mako tho capital of the company large'enough to put tho industry' on a thoroughly commercial- basis.