COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 752, 26 February 1910, Page 8

COMMERCIAL ITEMS.

'.:..;;' INTB&TMBNT.SHAKES. : ' .;. : : ■ Oonsiderine : that the Bichanee was closed in , .the: afternoon a fair, amount-of business was,: done yesterday... l 'Tbe:sales > recorded ; were, Wcatport '-Coal, £6 ' 25.; New. .Zealand Drue,'£2 7s. 3d. and £2 7s. 6d.; ; TaranaUi Petrolonm, Sa. .6d.; . National Bank, buyers' £6 4a., sellers £6 55.: New Zealand, and Eivor Plate, .buyers- £1 16s.'; Wellington Investment, buyers , lls., sellers 115.'3d.; Wellington Trust and Loan.buyerß £■/,'sellers £7 ..4e.; Ohristchurch, Gas,, eelIbrs £10; lFellinfjton'Gas, £10, said, buyers £17155.,, £6 15a.-'paid, sellers £13 18s. '6d.; National Insurance, buyers £1:8s. 6d., sellers £1 95.. 6d.; "New .-Zealand ilnsurance, buyers £3' 16a; 6d.-; Standard': Insurance,' buyers £l"3s.'3d.;'Gear Meat. -£1 paid,, buyers £2- 13s.;''Wellington Heat Exnort,, £5 paid.buyers £6; New Zealand Shioping, buyers £7 12s. 6d.; Wellington ■-WooUen, buyere'£3 ls.;"Wcatport Coal,' buyers £6 : la.,' sellers; r £6 3b.; r buyere-,7i- 3d.', Boilers 7s. 9d.; .LcylandO'Brien Timbor, buyors £I:3s.> 3d., sellers £1 3s. 9d.;'New Zealand Ooneolidated. Dental, sellers 23e..:6d.; Now.Zealand Portland Oomont, buyers' £t 19a. '6d.,.sdler3 £2 ■Oβ. 3d.';,.Ncw Zealand Papor Mills, scllore:£l 25.; Taranakl Petroloum, ecllera Bs. 3d. , •

-.'.'. : :~- AUSTRALIAN:-TTO6Ii TOPS. '. ;;■' ; . About : eisiitccn : months, ago -T. ;-\V. Hußhcs: and , Co.: oatablished.a ■ now industry, near \ Sydney! a ■.woolcombinK and top-makins plant beingijlaid, ;down. ; :Laicr on' tho ■ .Venture ' wa3 converted lnto-.a limited liability concern, and/the -first ordinary general meeting of T. W. ..Husthes, Limited, the Botany- .WoolcombinE Hills, was held, recently.. The report. presented by the directors stated,that, although the, business was purchased on Hay 28, tho transactions of tho,'vendor company, as ■•.•ovidod -■ in'-..-.tho.;wtreemeDt"i'jnade, were taken over as from January 1, 1909, and; the trading account presented,cover the 12 ;months:, ended December" 31 last . Tho profit''and "loss, account (after makinK provision for depreciation) showed a surplus of £13,036.- A dividend'.at the'-rato; of _7 per cent, per annum was ■ declared, absorbing £4940, and it was decided ■to write off goodwill £1000 (reducing it from- £11.566 to £10,566), '.to place £5000 to a reserve fujid,and to carry forward a balanco of £2096. At ahareholdcrs' meetings held in January' the directors,. wore , given '-SDOcial powers to:iESuedoberitures up to tho sum of £35,000 to provido ample funds for wool purchases to feed the. increased: woolcombing plant. beinit installed. By December next the directors hope to have orected the whole of ;the; woolcombinpr machinery arran"ed for, , comprising 105 macnincß in. all. Although operations had been hampered' by the coal strike, itUe buildmee. it was , - stated, were practically, completed. /

-' . CHIEF WOOL ffiPOETERS. ■;.": The'following is : a-.list of those wool .firms which imported over. 20,000 bales of Australasian* or Oape wools into, tho United Kingdom-last year:—'. . ' ,-; :. ■' ■-.. • . . •■, ■-. ' ■■,•.. Bales. Dalgetyand C 0.,. Ltd. 77,993 Union Bank.- of.. Australia, Ltd. 52,478 New . Zealand Loan . and Mercantile ■• Ltd. V;;'........;;.....;........:.. ....'. 47.544 Bank of JN'ow Zealand. 44,59,4 Sanderson, Hurray, and Co. .....;.... 34,677 Australian, Mortgage, Land, andMnanco Co., Ltd. ...: 33,914 Bank of' Australasia ' , 32.639 Bank of New South Wales ...............' .28.706 New Zealand and Australian Land . ■Co., Ltd.' .........................:....... 28,372 James Morrison and Co., Ltd.:.. .-.26,871 Elder, Smith,, and.Co.,-Lta. ........■...:...■ 26.379 'A. L. Elder and Co., Ltd. .................. 21,947 National Mortgage and- Agency-Co., .of New Zealand,' Ltd... 21.052 Tho principal importers, of New Zealand wool for. the London'.market last year were:— ' ' "'■'"':'. ■ , : : ■■':"' ■ -•-■ .-:< ;.■:•■■-.: •. Bales. Bank of Now Zealand 14,594 N.Z, Loan and Mercantile ......_ 38,683 Dalgety and Co. •, .27,850. Union Bank.. .:...;.;;..,...:.... .--.; :.. 24.424. James Morrison: and Co., Ltd .24,265 National MortKaEe and ■ Agency, Co., •'. ' of Now Zealand, Ltd. .::......".. 21.052 A. L. Elder and C 0.,, Ltd. ......:........ a), 718: Bank of Australasia .;.';; '.. 20,157 Bank of New South Wales ...,19,101 Sanderson, Murray,, and Co. ............. 17.490,

■ Customs roveriuo collected ,a't Wellington yesterday, amounted to £1717 Os. 9d. , ..-

ttellinqton; maeeet eepoets., : Messrs. Laery and Ltd., Wellington, report wholesalo pricEß rulinK on - the market:—Wheat, fowlMe. 3d.' to As. 6d.i feed-oats, 25.. 2d., to 2s. 6d.;:dun oate, 2s.' V4d. to 2s. 6(1,i seed oats, 2s. 6d. to 2s. Bd.; lilgerian oats, 2b. to 2s. 6d.; maizo, 3s. lid. to 4s: Id.; crushed malt, 75.; fowl barley, 2s. <d. to 2s. 6d.;.Oapc barley seed, 2s. 6d.'to 2s. Sd.; Dour, Now Zealand £11 ss. to £11" 10s., Australian: £11'16s. to £12; bran, £4 to :£4 . 10s.; . pearl , barley, 155.; peas, Prussian blue, ss. 3d. to '5s 6d.; split, £17 10a:; • boneduet, .. £5 155.; superphosphates, .. £5-... to .. £5 55.: pollard, £s.is. to £5 10s.; basic slag, £4 10s.,- chaff (oatenshoaf), £4 to £4 103.: £11 .to £11 10s.; potatoes, table, £3 to- £6 ton;-,, onions, ss. cwt • molasses fodder, £5; bacon (factory) eidea-63d.',: hams Jd., rolls - 7Jd.; butter,\ prime bulk, 9d. Poultry; Hens, 35.; ducks,'3s. 6d. to 4s. 6d. per pair;. turkeys, qobblers, 18s.' to 205., hens 10a. to 145.; .fresh cgss, Is. : 6d.■• to ■ Is.. Bd. dozon; ■ preserved eggs, Is. ; , sd. ■ dozon; cheese, sd. to 5Jd. per. lb., - loaf 6Jd.; Akaroa machine-dressed cocksfoot, 6d. to 7d. per lb.; farmers' dressed cocksfoot. 4d. to sd. per , lb.; ryegrass, 3s. 6d. to 4s. 6d; per hushel; Italian ryegrass; 3s. 6d. to 4s. 6d. per bushel; white clover;. 70s. to 755. per,cwt. ' ■ : .■ ■: . ... f ,

■ The New Zealand Farmers' Co-operative Distributing Company, Ltd., report as follows:—Fruit of air kinds,- except tomatoes, has been in uobd demand during the past week. Poaches have firmed in price, and aro in Ehort supply. . Tomatoes still'continue to 6cll ivt, glut prices; an early fall off in supply may, however, bo looked for, with coresponding increase in values. The market is very evenly supplied with vegetables, and fair, values obtain., We have inquiries for half ton of good garlic for immediate' delivery. Potatoes from the Manawatu district still continue to coma to hand badly bliihtod, and reallso nominal rotes. Efcare ko indicatlflM ot: a

flrmine tendency in the prices obtained for prime' porkers. Butchers are now freezing supplies for. winter use. ■■ Ifees aroa shade easier, but still in good .demand.' Walniitavaie inquired for at-.about old.. Onions-are weakening, and . Canterbury grown are now' quoting, freely at., low rates. . There are indications that poultry-: keopers may.look fpr cheaper wheat this season, on account of ■ largo sunDhea of discoloured; grain now', harvested. ■; Cocksfoot ia offering , in.. large quantities, and sellers are. anxious to guit ■' at...present much"reduced rates. Chair.is easier, and is now oJferinE at- £3 (country stations). Potatoes,' best Kutt, £8; medium; £4 lUs.' to £5; others £3. per ton; .cabbage,- choice 3a. 6d.'.to' 45., ordinary■.■Zβ: 6d. per sack;green peas,' 10d. per peck; carrots, Hutt, : lUd. doz.;! turnips, white, Id. doz.; , ' swedes,' 2a. to 2s; ; 6d. per Back; ycgetablo :marrows, 'ls.V.to Iβ. 3d. per 'sack;';; lettuce, choice' . ; .25.,'- : '"falr"--6d."-to Is. per., case; spinach, bsst, 2s; per case;. French beans, onoico Kutt ld.j other lots Jd.. -to.'i 3d., per. lb.; cucumbore, hothouse.l's. to. 2s. dozen, outside, grown 2s; 6d. per banana. , case; broad beans, Id. .per lb.; '>sprine onions," 'Bd.'.to 9d;"doz. bundles; tomatoes,lHutt Is. to Is., 6dl; Nelson 9d. per half-case, markot glutted; rhubarb, 9d. doz. : bundles; apples, cookers,. largo 45.,.' small' 3s.- case,Cox's Orange 65.-6 d., dessert, i well coloured 6s.,':others 4s. per case;''pears, dessert (d., .cookers, large ,45., smail 3s. per.-case; peajjnes,: choice dessert 4s. 6d., medium 3s. 6d.', others 2s. to':3s. half-case; plums, Bluo Diamonds •' As., '.'46.,. Victoria 2s. 6d., .Wixen 35.'6 d., I'ond3 Scedlinjrii 4b. per. haif-case; grapes, best'.Hutt Is., Nelson Bd. per lb.; nectarines, 'clidico 6s. 6d.;:'mcdium 4s. 6d., small 3b.- per.half-case;,radish, 6d. ; doz; /.bundles;. ' butter, , • best' soDarator, printed wrappers, 9d-.; separator, bulk BJd., dairy pats 8d.,t0 BJd.;.'cheese,- best.factory mediums, 01d:6d., now 6id. to 51d.iner lb.;/ loif,'.-6Jd;; ; per-lb.;;dressed pork, 70's to'9o's 5«d:,-',9o's.to , ICO's 3d.,■ baconors 3d.,:"chop-, pors,', heavy. 2d. (our weekly pork sales held each .'FHHay durinj;, .summer); cceb.■■lβ; 6d. to Is. 7d.: per doz., good' demand; bacon,, factory sides 6Jd., rolls 7id., hams 7d."pbr lb.; honey, demand;.ia ,-weak noiv; .iam fruits available, 60's, 4d. per lb.; beeswax, strong' inquiry, cohsignmonte, would . realise, high values; fungus;. keen'', demand at 6id. peri'.'lb.;'-' walnuts, , scarce .early lots would: realise hieh values; tallow, fins, 223. cwt. : ; onion,' Globes, £5 IDs. -per ton; poultry,?cockerels ss. 6d. for Eood birds, Email 33.: 6(1., table roosters 45., table hens 3s. 6d. to 45., .small .2s. 6d. to 35., -ducks, large 6b.-< small 3a. 6d. to 4s. per pair; turkey gobblers 9d: per lb., hens Bd. per lb. livo .weight;. maize, ■ 45.; per. ■. bushel:' wheat, 4s;|od. to'4s. 104;';per;bushel; barley (feed), 3s. per .bushol; barley, Cape 3s. per bushel; ,horae beans,-4s.'per bU6hcl; partridgo.peas,, ;4s. 6d. ' tp. 55.. per bushel; ;prussian'> blue ■ peas, 'ss.\6d.'per. bushel;- barley ' mcal; ;1 special -.quality;-:.£5 .15s. por ton: sharps.' £6 pur ton; bran, £4 10s. per: ton; chaff, prime . daten sheaf;, £A ■ por ton; hay, prime,. £3: 15b. to £4 per ton; straw, .wheatcn£2 ss.' per ton,',oaten-S2 2s. 6d.. per ton;: linseed- oilcake, nenuinel £13 per ton; oats, feed 2s. 3d. to 2s. 6d.,por buehel,' seed, gartons, duns 2s. M.' per bushel, crushed; 2s, 7d.: pot -bushel; machine-, dressed cocksfoot 6Jd. .to 7d;■•■.uerl'-.1b.,'- far-| imers'-. dressed..6d. -per ,'lb.;' per., .ryeerass, !43.' 6a,:- to :ss.;per, bushel; Italian' ryegrass, 4s. 3d.t0,45. .9d.'Ber;bUßhel. ; .;■ :'.'.

; : BANK .OF. ENGLAND; EETI7Eir. : :. ! , By TeleiTaph— Press Association—Oopyrieht. ; ; ■ (Eeo. February 25, 8.30. p.ra.). ~ •• • V- '';■■:.'' ... :■ London, February ,24..'' ■ The Bank of England return issued for the week ended Wednesday, Teb'ruajy 23, is":as-under:— ."" ••.: ■ .. ..: . ;. ■ ■ .

, • ". ■.:.'.. ISSDB DBPAnTMENT. ■ !-■ •: : Note ISBtie... v652,913.W0 . Gov. dobfc ..;■ Sn,ms,m ■ '■ , '■'■■,: •/.'.•■:.•.'•■.•'. OthorECCnri-. :. -.'• , ' . ■■•:-■- ■■-~. ".-; :Ues .... , M31.C00. ~;; .-.•■■ ':. '■' Gold .;«. 34,4(1.000 ': : ;■.. ; : ..'-. 1 £52,913,003-' ";.; ]■£ 52,913,000 .-.: ) 'BAMXDiaDEPAIITIIENT. [•'..'.■■■■-■'. Proprietors' '...■-■ Qovt. Becnri- , -capital: j5H,553,000. -ties...- . ...'£14,013.000. Publicdo- Otborsecuri- ■■ • . posits:! ..'. 8.251,000 ties... ... 29.405.030 :O(berde-. '■■ - •.-.- ■■■:■■" ■ . : .■■■>■■■) ■-■■■■ . ■.-■ '■ ■ posits : ;... «,W9,000 Notes, _'. Ss.ies.COO 805t,744y . . . ; . audotlier -.. ■.-■'. Coin .;. >: -J," 8,163,000 bills..:: .;. .3,541,000 ; . • \: "■'Vγ:",; , .-..;••; - : f: ; \ £70,T5J,000 r • ' jCi0.754.000 The lending items of tho Bank of England return afford tho : following comparison 1 :— ;■ ■■ '■■"■..■ ■ } t . ■" :'-, ■■■•■ v ;".-- ~', ':,.. -i ■' • IbisweekiXastweek. Last'year '■■■ ■•■• '••:■• - ' : £ -.--■ £: r £ :'' " Bnllion -... '' -... ■ M.tfi.ooo 36,204,000 . -36.249,000 KesoiTo... ...■117,333,000.23,2-18,000 147,678,000 ,Noto circulation 27,7ia,WW'.■ a7,5«,U00 •Sis.Bi'J.OOO Publio Deposits -: 8,:!ol,0OJ 8,978.1)00 Other Deposits. . 14,409,000 44AOUJ 43,243,000 Proportion oi . ■ ■'■ ■ : : / .'■■■■'■ liabilities ..... : 61.87.. :B3.0J::. 48.05 ■ ■ GOYEKNMENT SEOTJEITIEB. ... ' Tho following aro the latest quotations for Government securities. 1 with, a com-' p'arispn,of those ruling last week:— i"'-

• . BANK BATES OF DISCOTJNT. .: /: The Bank. of. England' discount -rate, which'.was raised:'on October 7 from 21 to 3 per cent., on October 14 to 4 per cent., and on October. 21 to 5 per cent., was on December 9.reduced to 41 pericent, on January 6to 4 per cent.,.on January 20 to 31 tier cent., and. on February 10. to 3 per cent:'., •■■'■■■' / .:'■ ' ' The Bank o£ Franco rate was , " reduced from'3!i to 5 per cent, on January 23, 1903, and, remains. at the latter figure. - ■■.-.' The Imperial Bank. of Germany, on September'2o, advanced its rate of discount

•'. ■■ :•' ■'■■■■ ■ " : " Variations '.' ■ 'r:: %':.'■-'I), : ?jki : :- !^f-. ■ .' '"■ ' ■■ ■■'■ .- •■■ -■'■ ■:- ■ last-geek.; ' , .;.;■•.■: .:■:.■■•■ £E. A. .■ :\: ■ ■■■■ ■' 2j%Im!ierial Consols-.' . 81 Jo 0 .'..■ 6s.l0wor 1 , N.S.W.1933Jan;-July 10T - 0 . 0 i Cs.lowor' 3j,,N.S.W.1918jlnr.-So». S315 0 'UEclianfied 3 ,,N.S.W.1935Apl.-Oot. ■ 89 0 0 Uncljinged 4. ,,Vic.l92UJan.-July\ 103/6 8 ; Unchanged 3j „ Vic. lBil-ti Jan.,-July S3 10 0 : Unchanged , :,! , Vic. 19-23-W Jan. July . 65 10 0 .Unchanged 3i-,,S,A. 1816 Jan.July 08 0 0 Unchanged 3 ,,S.A:Ulli Jan.July U 0 0 Unchanged 4 ,,Q'raiO15-S)Jan.Jnly 10310 0 Unchanged 35 ,,Q'l'dlftil-.iJ0Jan.July 8S 0 .0 . Unchanged 3 Q'l'd l&H-iWan.July : S5 10 ; 0 Unchanged 4 n N.Z;iaBMay-NoT. 106 0 0 nnchanfod 8j „ N.Z. 1SJI) Jac. July: OS 10 0 . Unchanjred 3 ,,N.Z.194!.April-Oct.. U 0 0 Unchanced 3i „ W.A.10i0-iUMay-Kov . 9a W ■ C -2s. 6d. higher 3 ,,W.ii,1015-35May-Kov 8810.(1 Unchanged, 3j,.Tas;3940Jan.July 97 10 ; 0 : Unchansod 3 ,,TaB.loaO-<0 Jan.July ' 86 10 .0 'Unchanged