COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 735, 7 February 1910, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHARES.',.; ; : " No transactions in investment shares were: recorded.on Saturday. National Bank, buyers' £6,35.; sellers £6 '45.: Bank, of Now Zealand, buyers £9 Us.'; "Wellington' Investment, sellers lis. 6d.; Wollington'-Trust and Loan, buyers .£7 2s.;' National Mortgage, buyers £3;' Now I 'Zealand and River Plato, buyers /£1 15s. '6d.; "Wellington ■ Gas, : £10 paid, sellers £17 155.; new.isßUjv sellers £3 premium;' Wellington ' Woollen, buyers £3 25.: 3d;, sellers £3 3s. 1 64.;; Hikurangi Coal, buyers £l ls. 6d.j Taupiri Coal', sellers 19s. fid.; Westport Coal,' sellers £6 6a.; West-port-Stockton ; Coal, buyers 75., Rollers 7s. 3d.; D.1.C., preference, buyers £1 25.: Kauri '.Timber,'. ,buyers.v'lss.,-sellers-''Us. 6d:; ; Ley-' land-O'Brien Timber, buyers £1 35.; New Zealand Drug, . buyers £2 : 75.; Sharland's, preference; buyers £1 Is. 6d. v ; 'BUTTER IMPORTS., . • • The butter imports into I the United Kingdom from 'Australia,; New. Zealand, add --Canada'from-July..l to tDecombcr 31,'. 1909,

compared - with the corresponding periods of the two previous years show, as undor:— ; - ' 1909. - 1908. 1907. Cwt. Cwt. ■ C\Tt. Victoria 85,368 35,100 65,698 N.S. Wales ...., 29,390 , 22,913 , 24,859 S. Australia-'.... 8,749 - 5,642 <, 6,775 Queensland:' ■ .17,897 , 7,344 16,656 New Zealand ; 56,669 -52,447 , 60,654 Canada. .■ 19,800 45,249 : 34,119 .'' ,218,093 160,595 . 210,751 The -Australian figures show.a substantial increase over 1908, but Canadian supplies have shrunk very considerably. - Customs revenue collected at. Wellington on Saturday, amounted to £655 7s. 7d. The total for the week was £11,598 ss. 3d.,beer duty. amounting to. £284 4a. 9d.-' BANK OF.'ENGLAND RETURN. -. By.Telegraph—Press Association—Copyright. London, February 4. ■The -Bank of England, return issued for the week ended '.Wednesday,' February 2, is as under:— ' >. . Issue Dkfabthext. - , Note Issuo... £51,126,000 : Gov. debt ... i11,015,C00 - • Other securi- : tics 7.434.000 Gold , 35,676,000

. £54,1J3,0M . X 51.126.000 Banking Depasistesi. Proprietors'■ . Govt.'se'curi-■ -> capital -. . . £14,553,000: ties.... ... £14,011,000' Public do- ■ '. Other Becuri- , Posits 10,211,'000 : V-ties..;., . ... 80,459,000 Otherdc- . . • ' - . . . posits... 13,11)4,000 Notes — ,25,974,000 Best, 7-day .. . • . - and other'. Coin ... M • 084,000 bills ... ';' I..'' 3,463,000 ; £71,426,000 f71.426.000 The pleading Items of the Bank of England return offord the- following comparison:—; '' ■ -• '■ . 1 ' :i , This week . Last weok.'Last year' Bnliion' ]~'' ' ... ,35.676,000 : 34,926,000 33,141,000 •Beservo„.. : . ..V ,26,956,000,', 27,641,000 - 24,011,000 Note circulation 28,151,000 27,715,000 ..' 29,134,000 iPublic Deposits 10,211,000' 12,271.000;>:■-'7,399,000. Other Deposits;' 43,184,000 '..41,003,000 .43,278,000 Proportion ot ' - - - - Preserve-'..to : liabilities ; : . 50.46 •, - - 51.65 47.36 ! . '' GOVERNMENT . SEOTOITIEB. " : The!.following are i the latest .quotations for .Government' -'securities: .with ..a,-com* parison of those ruling last week:—

.THE MONEY MARKET. The Bank " : of England 'discount rate is 31 per cent., to which it was reduced from A per cent, on January 20. ..v :, ■ . Short-loans are Jlowerat 2} per cent. ; . The open 1 market discount rata for host' Hhree .months': bills' is; 3-16ths lower at. 2 9-lfit.h.B per cent. .." ; The . Paris rate -is unchanged .at 25 per cent., and the: Berlin.rate is unchansed at. 3$ per cent. ' , -■ : ' . v-.

COLONIAI/ AND OTHER PRODUCE. Wheat—The wheat, marketi.is;dull,;with •an-'easier tendency.' Resellers of; Australian, oargoes . are willing to accept, a reduction, Bnt.c there, :is. little inquiry,..)':-Fpr; ;,Houtli, -Australian and: Victorian' 405.'9 d.; per;quar,'teriis asked,' and -40b. 3d.; for February Bhipments "■Flour . is. i Hat. {Australian , patents,, nominally 31s. to 31si 6d. 'i, v :r :: H'Oats,'-- steady..' - La Plata, ; January-Februi aryahipmeut, :155..1id, ; ■ y- V J :, ? :Butter.—Market: very firm, with a Rood demand; ;• Choicest-. Australian,';ilßs..; to, 1205.; 'per-'ort., occasionally, 1245.; secondary, Aus-.' tralian, IKs. to :1165.; Danish, ; . 1253. to 1275. ; Oheesoj'-firm.- Now Zealand,.- sßs.- to 59a. Canadian,'6os. to 625. : . Lambs.—A direct- shipment of' South 'Australian lambs .to Avonmoutn found a good: marlcet"at 3id..'tq 35d.-per.,lb. - German' beet - sugar, 88 - per cent.,' 12s. Id. (? 13s.- Id.) per cwt.'; first. 'granulated, , 3d. -higher,- atilss. ; 2d.-:, - (Bradford -Tops.—The tone of the Bradford wool 'marKetMs',-cheerful;;;;Prlces sorts are "fully -maintained, ! and'there is aslight hardening'tendency l in crossbredß.;.

» • : - - THE'METAL 'MARKETS. : ; Copper, on the spot, £59 lis." 3d. per tori;, three ; months, - £60 Bs.'-9d.;, electrolytic,- ■ .•Tin -Spot, \£l47 :!' 2s. '• ,6d. ; pcr:.ton; vthrec. 1 months,' £148 .15s. /•Lead,' £13-'7s.. 6d. per, ton.., , • Glasgow pig-iron, 515.. sd. pcr. ton. • Silver.—Bar silver is, Quoted at 23& d. .per ounce./; V ; v.- •; V;" LONDON- COMItEHOE. ; ?■ By Telegraph—Press Association—Copyrteht. '"-. •' •' /(E^i'^Pebruary^ 6,'5 /p.iri;)'> London, February 5. . Babbits are firm, and in strong demand j • young, Sydneys, 14a.- 6d.: ex store; large Melbourne,'lss. . Hides . are neglected, with ; little doing.-' "• leather.—First Wellington, ,163 d. to/; 193 d.; basils .are id. ; dearer.'- ' .Jtemp - is' dull. January-March; shipment, '£26 155.V., : Kauri; Gum.—The stock, amounts to 355 cases. , v '.-. / Coprais quiet. There is.'a moderate' demand; for South in bags, at £24- per •ton.''' . ■ Cotton.—The Liverpool quotation, for ' Fobruary-March shipment,-is 7.74 d. per' lb. ' • / THE METAL MARKETS." • Copper, : on' spot, '£59' 6s. '3d. per< ton; three months,;£6o - 29.-6d.-per,.ton. 'i • -.V' . -Tin, ; on'-" spot,. £146 15s. per ,ton; : ; three montiis, £148',5a. • • :,-Lead, £13 Bs.'9d.; per ton. v.. - . ; :Silver.—Bar - silver , is Quoted - at, &33d. per; ounce . standard.. v ,>.>• V;V ; ' LONDON MABKETS. 1 r .Messrs. Dalgety aiid Co.»Ltd., report having received tno-following, cable messages from their! London houfie, under' date of February 3':—Frozen Meat—Thero'is a 'very good demand for ail descriptions of . lamb. .The market for same is' llrmer and seoms •likely '.to-improve until, increased arrivals, come- to haud... Mutton;and .beef-.aro ; in better demand,'with-a Ann market. UuotationsV areJNew : Zealand, primo .'ox • beef,' lores,.V'- s . hinds,';. 3Jd.; \ New'- 'Zealand prime crossbred lamb, North 1 Island,-, heavy, 43d.; do., light, S&d.; New Zealand prime crossbred • mutton, North : Island, heavy,- 3fd.; do,, light, 3gd. Canterbury lamb and mution'are not ■ quoted. . In tho future, 1 quotations will be tor tho-now . season's meat/ Tallow—Low and inferior), descriptions are v: 3d. lower.v Mutton: is, in, poor demand, and other descriptions • are; un- . changed; ' There is.less, demand .for future prices for : .which. aro 3d.{lower.

. BUTXJiR EXPORTS. : ' ' (By ' Telegraph.—Special''Correspondent.) Auckland, February 6. The hotter shipped for" the fortnight ended yesterday totals 14,856 -boxes, or 571 tons;, as' compared ;with" 3Z5 tons for the corresponding fortnight of last, season.. For tho Beason to date Auckland has exported over 4000 tons of buttor. TakinK tho cor- ' responding period' of --last- season, tho; present season shows-on-increase of over 1000 tons. It .was feared thedry - poriod : experienced' in December last would ' bring the returns • down ■ with a run, ' hut ■ the forige held. remarkably woll,. and tho' rains of 'January, saved the', situation, - the ',de*. dine in tho' outputs being no more, thaD normal for. tho period of the year. At the present'time the factories are. all busy and feed is plentiful, so that under normal climatio conditions, the remainder of tho season should still seo tho exports above those of last season. ■ Quite, a numbor of factories intend to continuo .operations throughout'.-.tho'. coming, .winter,. so that there should bo 110 shortage of butter on the local market. . .. ..

WOOL, HIDE, AND SKIN SALE. Messrs, Dalgety and Co., Ltd., report on their ' Palmerston North wool, skin,; and hide sale as follows:-We offered an exceptionally heavy catalogue to a good attendance of buyers. V All :lots,.met' with keen competition. The following -is a. list of prices 'roaliscd:—Wool: Crossbred, fine, lOd. to IOJd.; medium, 9d. to 9;d.; coarse, BJd. to 83d.: logstaiiied and inferior, 71d. to BJd.; lambs, good,-10d.. to IOJd.; medium, 9d. to 9id.i- inferior, 7idl: to 81d.; dead wool, 7d, to 7id.i pieces, Sid. to. 63d.; .crntchiugs, to std.; locks and pieces, 4d. to 4Jd.; inferior locks, from Ud. to 3d.; black wool, 6Jd. Sheepskins: -Pull wool crossbred, coarse, "63d. to JJd.; medium, Bd.; fine, 83d.; lambs, 74d.; crossbrod, daniaged, sid. to 53d.; dead skins, s}d. to 6id.; hoggets, 61d.-to 6Jd.; dead hoggets,;6id.; pelts, sd. to 63d.; inferior ana- damaged, 3Jd. to 4d,; butchers' nelts, at each, 2s. to 2s. 6d.; do., salted, at eich. Is. 9d.,',25., 2s. 3d. to 2s. 6d.; lamb pelts, Is. to Is. 3d.: woolly lambs, 2s. 6d. to 3s. Hides: Ox mecflam. to 78d.; do., light, 7d.i steers, 6d.; cows, best lines, 6Jd. to 63d.; good; 6Jd; to 6Jd.; bulls, Sid.; yearlings, 6d. to 63d.; cut hides, 4Jd. to 6d.; slippy,' 3d. to 4Jd.; dry hides, to 6d.; horse hides. Os, 6d. each. Calfskins: Best llnes.

93d.; good, 83d.; meaty, 71d.; cut, 51d.; slippy, 4Jd.; dry, Is. Zd. each. Sundries; Tallow, in tins,-21s. 6d.;, casks, 235.; roueh fat/16s. 3d.; horsehair, ls.,2*d. to Is. 4Jd. per lb.; rabhitsltins; 10jd.; tails, la. 4d. per dozen. , > ' : .FEILDING MARKET. EEPOET. . ' Messrs; A'. H. Atkinson' and Co:; Ltd., of Feilding, report a short ontry of pigs and no alteration in values at their sale last week. Poultry was in fair supply, no good birds.. offering.' They . sold several good licrses at quotations. Fruit and produce were marketed in large; quantities, plums especially, of which there has been a glut Potatoes have eased in values.'Quotations— Horses; . Four-year ■ filly, £9. ss.;' harness ■marc, £8. sa.'; ■ pony, £4; milk carter, • £18. Pigs: Slips, Us. to 12s. 6d.; stores, 12s. id. to 16s. 6d.; porkers, 19s. 6d. Poultry : Hens, Is., Is. Id., Is. 2d., to Is. 4d.;'cockerels, Is. 3d.,'ls. 4d, to Is. 5d.; half-grown, Bd. to 9d.; ducks, Is. 3d., Is. 4d„ to Is. Bd. Produce: Pig-meal, 55.: 6d.; bran,-4s. v 3d. r pollard, Bs. 9d. toi9s. 6d.;.'whcat,..ss.;'plums, Is. to Ib. 9d.. case; gages, 25.. to. 2s.' 3d.; peaches, 2s. 6d. to 3s. 9d.; pears. Is. 9d.' to ; 3s.' 6d.; apples, 3s. 6d.; cucumbers, Ib. 3d.;.potatoes, 6s. to. 95.; onions, Id. per lb.; pumpkins 'and marrows, Id. per lb. . • '

-Variations complied • ■ : ~ r■ - \ ■ Prico • with . , - ' ■ L ' . - last week; - ' V-.- 4 s. d. ■; 2}% Imperial Consols;, 8117.; 6 ,7a.. 6d. lower. 107 « 0 - . 5«,.higher 34 ;,N.S.W.lS>16ilar.-Scp. .98. 0.0 ... SOsilower. 3 „M&W.lMSApl.-Oe». ."M-.S '0 . 15s. higher :4 V ;, Vic. 1920 Jan.-July '. 103 0 0 -Unchanged 3i „ Vic, 1921-6 Jan.-July , U8 0 0 ..Unchanged '3 Vic. 1929-49Jan.-July ; 8510' 0 Unchanged 34 „S,A; 1916 Jan.-July. 9710 0 Unohanged 3 ,'„3.A.ldl6 Jan.-July '. ■ H4 0,;0 Unchanged .4 " ,;Q'l'dlfll5-91Jan.-July 103.10 .0 .Unchanged 3} „ -;98; 0 0 . Unchanged S „ QTdlOiijlJan.-July . 85 0. ". Unchanged ;4 N.Z. 1929 May-Nov. ; ,10510. : 0. ..Unchanged 34 19J0 Jdn.-Jnli'' . U6'10. 0' ' Unchanged 3: „U.Z.lW5April-0ct. , M'.O O . Unchanged 34 „ W.A.1M0-J0 May-Nov 9815 .0 Unchanged, 3 W. A,191d-i5 May-Nov' 8810 ' ; 0; 1 Unchanged 347,Tas.'1940 Jan.-July,.' 97 5', 0 3 .Ta8.li>20-10 Jani-July 86 .0 ■■ 8 ■ Unchanged