COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 821, 19 May 1910, Page 10

COMMERCIAL ITEMS.

INVESTMENT SIIABES. The sales rccordcd yesterday were New Zealand Jjoan and Mercantile at lis. 6d.; and Loylaiul-O'llricn Timber 245. 3d. National Rani;, buyers £5 165., sellers £5 195.; Eouitablc Ru'lding, buyers £9 ss. 6(1.; Metropolitan Permanent, sellers £12; Wellington Investment, buyers Us. 4d.; Wellington Trust and Loan, buyers £7 2s. 9d.; Wellington Deposit, buyers 7s. 9d.; National Mortgage, buyers £3 35.; New Zealand Loan a:id Mercantile, sellers lis. 6d.j Wellington Gas, £10 paid, buyers £17 155.; Gear Meat, £-1 paid, buyers £10 55.; Meat Export, third issue, buyers £2 145.; New Zealand Shipping, buyers £8; Union Steam, buyers £1 135.; Hikurangi Coal, buyers 19s. 9d.; Taupiri Coal, sellers 19s. 9d.; Westport Coal,-sellers £6 Bs.; Westport-Ktoekton, sellers 7s. 3d.; Donaghy Rope and Twine, buyers £1 4s. 9<S.; Lcyland-O'Brien. buyers'

£1 4s. 3d.; Sharland's ordinary, sellers £1 25.; Tnranaki Petroleum, sellers 13r. 9d.; Taringamutu Totart Sawmills, buyers £1 25.; Ward' and' Co., buyers £4 16s. 6d.; Whitcombe and Tombs, buyers £5 6s. WOOL. The following statement of the exports of wool from Australasian ports from July 1 to April 30 has been compiled by Dalgety and Co., Ltd.:— 1909-10. 1908-09. Bales. Bales. Victoria 494,730 443,999 i N.S. Wales 879,227 607,428 ! Queensland 194.550 153.573 •S. Australia 159,846 160,044 W. Australia 62.600 55.985 Tasmania. 17,304 19,283 New Zealand 477,752 452,331 ■ . 286,009 2,152,643 ■ The figures show a net increase of 133,356 bales for the ten months, and it is pretty certain that the excess will advance to 150,000 bales bv tho clpse of the wool year on June 30. Japan, it seeius, is steadily increasing its consumption of wool, and the Commercial Commissioner of New South Wales in. the East in' a;rCceut report states that during 1909 the. total importation of wool and. woollen' gooda into Japan was £1.694,651 in value, an increase of £351,120 upon the previous year, lu wool and wool tops the total importations for 1909 equalled £909,200, as compared with £685,017 for 1908 or an increase of £224,183. Of the. 19C9 importations, £604,469 was for tops, the same as arc now being made in Sydney, and £304.732 was for raw wool.'Seeing that the importations' for the previous year were £434.646 for tops and £250.371 for raw material, it would bo observed' that satisfactory increases had taken place. As regards the tops and wool imported, the following countries participated to the extent indicated;— 1909. 19C8. £ £ . England 510,829 ' . 406,057 Australia 199,648 96,966 France 53,488 52,689 China 46,243 73,444 Germany 45.703 39,091 Belgium 4,142 9,951 Kwautung Province 241 95 i India ' Nil 6,708 . Other countries ... 48,9(32 13 K19.20Q 685.017 From these statistics, it will be noted that the increase in imports from Australia eaualled £102,682. LONDON MEAT MARKET. In a report dated Londou, April 8, Messrs. Gilbert Anderson aud Co. state:— The meat trade during the week has fallen considerably. The weather has not been favourable; a much quieter tone has prevailed ail over the market. Supplies of frozen meat have been more than tho requirements, and prices for the better qualities have weakened. High prices asked tor frozen meat have restricted trade. The slight difference in price between the various qualities is preventing the consumption ol large quantities. Shipments from the liiver Plate have been largely increased. Anticipated heavy shipments which are expected from New Zealand are depressing the market. Canterbury mutton is from 1-16 to £d. lower. North Island 3-16ths lower. Australian remains the Canterbury lambs have fallen 3-16 ths. North Island £d. New Zealand beef, fores have fallen Id. The following are tho Smithfield Market prices for April 8:— Mutton—Canterbury, W. and M.E., 48-56, 4\d.; £6-64, 7 7-16; Southland, \V. and M.E., 48-56, not nuoted; best- North Islands, W. and M.E., 48-56, 43d.; 56-64, 4 5-16 d.; North Island, W. and M;E.; 48-56,' 4Jd.; 56-64, 4 3,l6cl.'Australian, W. and M.E., 40-50, 3dd.; 50-70,-33 d.; lliver Plate, W. and M.E., 40-50, 4 l-16d.; 50-70, 7/d.; Kiver Piate, W. and M.E., 40-50, 4 l-16d.; 50-70, 4di

Lamb—Canterbury, u-36, 5. 7-16 d.; 56-42, 5 7-16 cL; 42-50, 5 7-16 d.; Southland, u-36, not quoted; best North Island, u-36, 53d.; 36-42, s}d.; 42-50, 5 7-16 d.; Southland, u-36, 6^d.; 36-42, s£d.; 42-50, 5&d.; Australian, best, 5d.; P.a.q.. inferior, 43d.; River Plate, 2842, 4^l. Beef—Now Zealand, 'fores, 3§d.; hinds, 4Jd.; Australian, fores, 3&d.; hinds, 4£d.; River Plate,'fores, 3£d.; hinds, 4£d.

March shipments—Mutton, 651,000 carcasses; lamb, 450,5'J0 .carcasses; frozen beef, 124,500 quarters; chilled beef, 116,250 quarters. .

April shipments advised to date are as follow

' New Zealand mutton, 97,000 carcases; iamb, 2QO.CCO carcasses; frozen beef, 16.400 Quarters; Australia, mutton, 48.CC0 carcassis; lamb. 10,5(0 carcasses; frozen beef. 2300 miarters; River Plate, mutton, 14,C10 carcasses; lamb. 1000 carcasses; frozen beef, 5000 ciuartors: chilled beef, 10.000 quarters; total,* mutton, 159,CC0 carcasses; lamb, 291 500 carcassed; frozen bee*, 23,700 quarters; chilled beef, 10.0C0 quarters. WELLINGTON MARKET REPORT; Messrs. Laery and Co., Ltd., Wellington, report wholesale prices ruling on the market:—Wheat, fowl, 3s. 9d. to 4s. Id.; feed oats, 2s. Bil. to 'Zs. 10d.; tlnn oats, 2s. 9d.; seed oats, 2s. 9(1. to 35.; Algerian oat", 2s. 9d. to 35.; maize, 3a. Bd.to3s. 9d.; crushed malt. 75.;. fowl barley, 2s. 9d.; Capo barley seed, 35.; flour. New Zealand £10 15s. to £11 55.; Australian. £11; peas, Prussian blue 6s. 3d., split £10 10s.; bonedust, £5 155.; superphosphates. £5 to ±5 5a.; pollard, £5 ss. to £5105.; bran. £4 £s. to £4 10s.; pearl barley, 155.; basic slag, £4 10s.; chaff (oatensheaf). £4 15s. to £5 55.; oatmeal, £12 10s.; potatoes, table, £5 to £6, ton; onions. 4s. to 4s. 6d. cwt.; molasses fodder £5; bacon (factory), sides 7Jd., hains9d., rolls Bd.; butter, prime bulk, 9d. to9«d. Poultry, hens, 3s. 6d.; ducks, 4s. to ss. per mu'r: turkevs. cobblers 18s. to 205.. hens 10s to 145.; fresn eggs. 2s. to 2s. 3d.; preserved eggs, Is. sd. dozen; cheese, r - :, d per lb.; Akaroa. machine-dressed cocksfoot, 6(1. to 7d. per. lb.; farmers' dressed cocksfoot. 4d. to sd. per lb.; ryegrass, 3s. 6d. to 4s. fid. per bushel; Italian ryegrass, 3s. 6d. to 4s. 6d. per bushel; I wbito clover, 70s. to 755. ner cwt.

CUSTOMS REVENUE. Customs revenue collected at Wellington yesterday amounted to £4138 17s. 9d. N.Z. AND, A. LAND'COMPANY. Hy TeicirrnrM-i't'oss Assoj-'Wition—coovricht • (Rec. May 19, 0.15 a.m.), London, May 18. The New Zealand and Australian • Land Company has declared an interim dividend of 4 per cent, on ordinary capital, and i carries forward £10,000. DUNEJJIN GRAIN MARKET. I (By Tclccraoh—Pvcsk Association.! Dunsdin, May 18. Grain market:—The quantity ci oata on offer 1h small, as most l'armcvs are mt disposed to sell, while buyers arc only filling actual orders. This haml-to-moutn demand pretty well absorbs all available offerings. Prime seed lines are beginning to have attention at 2d. to od. per bushel above thoso offering for other sortu. Prime milling, la; lUd. to 25.; good to beat fesd, Is. l(id. to Is. lid.; inferior to medium, Is. Bd. to is. 9Jd. Wheat: The past week has been one oi the nuieteut oi' the season. Millers are not anxious to increase present stocks, and in most cases eonlinc purchafes to prime velvet, which is offering sparingly. Prime milling (nominally), 35.. 10(1. to 3s. lid.; medium to good, os. 7rt. to 3s. 9d.; best whole fowl wheat, 3s. 3d. to 3s, sd. f