COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 833, 3 June 1910, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHARES. The sales recorded yesterday were National Bank, new issue, £2 premium; Metropolitan Building, £12; and Wellington Woollen, £3 4s. 9d. National Bank, buyers £5 18s.; Equitable Building, sellers £9.105.; Metropolitan Building, buyers £11 195.; Wellington Trust and Loan, buyers £7 45.; Wellington Deposit, buyers Bs.; Feilding Gas, buyers £1 Is., sellers £1 35.; Gisbornc Gas, buyers £2 lis. 6d.: Wellington Gas, £10 paid, buyers £18, £6 15s. paid, sellers £12 lis. 6d., new issue, sellers £2 10s. premium; Gear Meat. £4 paid, buyers £10 55., £1 paid, buyers £2 145.; Meat Export, third Leslie, buyers £2 155.; New Zealand Shipping, buyers £8 2s. 6d.; "Union Steam, buyers £1 135.; Uikurangi Coal, buyers 19s. 6(1.; Taupiri Coal, buyers 195., sellers 19s. 6d.; Leylanrt-O'Brien Timber, buyers £1 4s. 9d.j Taranaki Petroleum, buyers 10s. 6d. ARGENTINE TRADE. ; The Argentine official trade returns for the year 1909. issued by the Statistical Departinent, gives the total value of that country's imports during the past year as 303>: millions of "pesos" gold (£60,750,000), an:l total value of exports as 397J millions of "pesos" gold (£79,5C0,000), the balance, therefore, in favour of the country being ,£18,750,000. The value of impart? showed an increase front 1908 of nearly U per cent., .£6,000.000, while the increase in value of exports was 8* per cent., or '£6,500,000. Analysing the different head' under which the imports are classi. fled, it appears that the lanrcst increase has taken place under "textiles." imported to the value of nearly .Cl2.Coo.ofio, compared with £10.000,000 in 1903. and this in spite of the heavy duties by which the national industry is protected. Most other imports Increased to a less exam. The classification of exports showed that the largest increase took place in shipments of animal products to the extent of £7,700,OGO in excess of 1908; and forestal products yielded an increase of £500,000; whilst agricultural products decreased in value exported by .£2.200,000, due to the small wheat and linseed crops harvested. The prospects for the current year do not indicate at present that the trade returns will equal those of 1909. The wh-.al, linseed, and oat crops are all much smaller this season, and the higher prices being obtained can hardly compensate to the country for the large shortage. It is not likely even that the larger maize crop will suffice to brim: the total value of agricultural products exported during .1910 up to the 1909 figures. CUSTOMS REVENUE. Customs revenue collected at Wellington yesterday amounted to £2451 le,

FRUIT AND PRODUCE REPORT. The Nov.- Zealand Fruit and Produce Co., Ltd., rep:>r! for the week as followsas we anticipated potatoes have advanced again 20s. per ton. and seem likely to continue at a high price during the winter. Onions have also hardened considerably in price, as the supply from the south has fallen ofi\ Grain and chaff are practically the same. Vegetables are meeting with a good demand, especially lettuce and cauliflower. Best dessert apples and pears arc r.'iuve and well-graded varieties realise excellent prices. Kggs both fresh and preserved are much easier. The following give a fair indication of the state of our market during the week Potatoes, 6s. 6d. n 7s. cut.; onion.", 4s. to 4s. 6d. cwt.; swede?. 2s. cwt.: turnips, 2.?. 9d. to 3s. 6d. rack: carrots, 3s. to ss. sack; parsnips, ss. Gd. to 7*. 9d. pack; beetroot, 3s. to 4.5. 6d. sack: cabbage, 3s. 9d. to 6s. 6d. sack; cauliflower, Bs. "9d. to 13s. 6d. sack; peas, lis. to 13s. sack: marrows. Is. to Is. fid. rack; Cape gooseberries, 3*cl. lb.; French beans. Bs. to lfs. sack; broad brans, 3s. to '?s. 6d. sack: lettuce, 3s. to .15. 6d. case; npinach, 3s. to 3s. 6d. ca.-e; apples, cooking 3?. to 55.,' dessert 65. Gd. to 9s. 6d.; passion fruit, 6s. box: oranges, Island, 7s. 9d. to Ss.; pears, cooking 4s. to ss. 6d., dessert Bs. to lis.; bananas, 15s. to IPs. 6d. case; pines, 6s. Gd. to 8.-.; lemons, Messina, lis. 6d. <150); lemons, Sydney, 6s. .to If.-. eggs,\ fresh Is. lCd. to 25., preserved Is. 3d. to Is. 4d.; chaff, £5 ss. to £5 155.; oats. A ado gartons. 2s. Bd. bushel; bran. 9s. per sack; wheat, 4s. to 4s. 3d. bushel; straw, 2s. to 2s. 3d. bale; rice, 6s. 6d. mat; pollard, £5 155.; ducks, 4s. 6d. to fe. pair; peanuts, 20s. fid. sack; hens, 3s. t-o 3s. 6d. pair. WOOL. HIBK, A?JD TALLOW SALES. Messrs. Dalgety and Co., Ltd., report having held their fortnightly sale of wool, skins, hides, and tallow yes'erday afternoon, when a- good catalogue of all classes was offered to a large attendance of buyers. Wool: There was keen competition for all lots of wool submitted, and crutchings showed an advance of from id. on last sales. Wo Quote: Crossbred, 73d. to Ukl.: time crossbrcds, Bid.: lambs, 5Jd. to 6d.; erutchings, sd, to 7d.; locks and pieces, 5d.; pieces, Sid. Sheepskins: Green skins showed an advance of fully 3d. on late rates. We Quote:—Fine crossbred, 7&d.; crossbred, 64d. to 7Jd.; hoggets, 7*d.; halfwools, 6ld. to 71d.; shorts,' 4Jd. to 6Jd.; broken, sd. to 63d.; iamb, 6Jd. to tfa., damp crossbred, 4s. Id. to ss. 6d. each; damp lambs, 3s. Id. each;-green crossbred, ss. to ss. 4d. each. Hides: These showed a. decline of about Jd- tc id. on last quotations. We quotes—Ox, medium, to 7d.; cows, heavy, 6Jd. to God.; light, to 63d.; call'. 62d. to lOHrt. Tallow, in shinpinp order, €28 10s.; in tins, 223. 6d. to 235. fid. Kahbltskinn, Is. lid. Messrs. Abraham and Williams, Ltd., report on their sale as follows:—We offered a large catalogue to a full attendance of buyers, who competed keenly for all lots offered. Wool of all classes was on a par with last sale's price®. Sheepskins showed a slight advance, while hides were a great deal easier, in most cases Jd. to i!d. decline. We quote:—Wool: Rough crossbred, 7Jd-; dead wool, inferior, fiid.; "crutchings, seedy, 53d. to fid.; medium, 7d.. Skins: Half-wools, 6Jd. to 7d.; quarter-v/ools, fid.; crossbreds, medium, Bd.: lambs, Bd.; dead hoggets, 6Jd.; pelts, 5d.; inferior, 23d. to 43d,; butchers' damp skins, light, 4s. Id. to 4s. lid.; medium, ss. 9d.; heavy,- 6s. 3d. ot 6s. sd. to 6s. Bd. to 7s. to 7s. 4d. Hides: Cows,, light, 6£d.; heavy, 63d.; ox, light, 7d. to 7Jd.; yearlings, 63d.; calfskins, best, lOild.; medium, Gd. to C^d.; cut, 62(1. Horns, from 4a. 9d. to 9e. 6d. to 14s. to .31s. Tallow, casks, in shipping order, 295. 6d. per cwt.; tins, 235. 3d.

Messrs. Levin find Company, Limited, report as follows regarding yesterday's sale:—We! offered 35 bales of wool, 25C0 sheepskins, BGO hides and calfskins, and a duantity of tallow and horsehair. • There wasS a good attendanco of buyers. "Wool: Competition was extremely brisk, any dean orutchings being keenly competed for, and we cleared our catalogue at what must be very' satisfactory .prices to the owners. We emote:—"Fine e'rossbreds, 9d. to 10-id.; coarse crossbred?, 7*d. to IHd.; lambs' wool, 7id. to 9d.;.pieces and bellies, 4*d. to 6d.{ lock", 2*d. to 45(1.: crutehiugs, 4d: to 7Jd. Skins: Very few woolly skins were offering, but we had a fair catalogue of half-wools and short-wools, which sold at full prices. We Quote:—Fine crossbreds, Bd. to S*d.; medium crossbreds, 7(1. to Bd.; coarse crossbreds, 6d. to 7*d.; hogTct skins, 6d. to 6>.d.; dead skins, 4d. to 63d.: dead hoggets,~sd. to 6th; lambskins. 6£d. to Bd.; quarter to half-wools, 4d. to 7d.; dry pelts, 2J(I. to s£d.; green skins, 3s. 6d. to 6s. 10d.; lamb pelts, 2s. 3d. to 3s. 7d. Tallow: Very firm. Parcels, in shipping order, £29 ss. Tins, £20 to £24. Hough fat, £10 to £19. Horsehair, Is. to Is. 4d. per lb. Horns, ss. to 15s. per hundred., Cowt-aile. Is. Bd. per dozen. Hides: This market, has suffered a drop of practically a halfpenny per lb. all round, while cut and slippy hides were difficult of sale; calfskins also easier to the extent of three farthings per lb. We quote:—Ox hides, heavy. 7d. to 72d.: ox hides, medium, 7d. to 7?d.;.0x hides, light. 6M. to 7d.; cow hides. 6Ad. to 6frl.: out, and slippy hides. 3d. to 5d.; stag hides, 4d. to 53d.: bull hides, 4d. to 5Jd.:- yearlines, sd: to 6gd.; calf, best, 9d. to 9gd.; calf, medium. 7&d. to Sid.; calf, cut and slippy, sd. to 53d. Messrs. Murray, Roberts and Co. report:Wo offered a catalogue of 35 bales wool, 2500 sheepskins, and ICO hides. The attendance of buvers was large and competition spirited. Wool and sheepskins maintained prices ruling at last sale, there being a. very strong demand- for crutcliings, prices for which ruled on a high level. Hides, although iu good demand, were somewhat easier in pricc, in sympathy with the fall elsewhere. Prices current:—Wool: Crossbred, rough, 7d. to Bd. per. lb.; crutehings, clean, 63d. to 7Ad.; do., medium, 6d. to 6£d.; do., heavy, seedy, sd. to 53d. Skins: Cross-, bred, medium to fine woolly, BJd. to 9d.; do., h'alfwool, 7d. to 73d.; do- coarse, 7d. to ??(!.:' do., half-wool, -coarse, l 6Jd. to 7£d.; do., short, 5Jd. to 6£d.; do., inferior, damaged. 2Jd. to 5Jd.; do., dead' hoggets, sd. to 6^d.; lambs, woolly, 7&d. to BJd.; do., short half-woolly, s£d. to 7d. 5 crossbreds, green, malted, and damp, heavy, 6s. to 7s. each: do., light, medium. 3s. to ss. Gd. Hides: Ox, heavy. 7d. to 7Jd.: ox, medium, light. Gild, to 63d.; cow. 6Jd. to 6?. d.; damaged hides, sd. to 53d.: calf, prime, 9d. to 10d.; do., medium. Brl. to 9d.: do., damaged, 4d. to 7d. Rabbitskins, medium, good. Is. to Is. l*d. per lb.; summer's noorly furred, 63d. to B*d. Tallow, in casks, 7.85. 6d. to 295. 6d. per cwt.; in tins, 225. to 235. 6d. per cwt. The New Zealand Loan and Mercantile Agency Co., Ltd., report as follows:—We offered a, catalogue of about 80 bales of wool, consisting principally oi cnitchings and a few bales of stragglers, about 25C0 sheepskins. 100 hides, and a quantity of tallow. There was , a keen demand for everything offered, and we can report better prices for wool and skins, but a slightly lower rango of prices for hides than those ruling at last sales. We quote:— Wool: Halfbred, 9id. to 93d. per lb.; crossbred, stragglers, 7(1. to 7£d.; crossbred, medium. 73d, to Bd.; lambs, medium, 73d. to 8(1.; lambs, seedy, 6d. to 6id.; crutchings, good. 6d. to 7d.; crutchings, reedy. 4*d. to pieces and bellies, 4Jd. to 63d.; locks, 33d. to sd. Sheepskins: Full-wooUed coarse .':kins, 7Jd. to Bd. per lb.; halfbred, 73d. to ouarter to half-wools, 55d. to 7id.; damaged pelts, shorn, 2?d: to.4J.d-: dead and broken skins, s*d. to 6?d.; lambskins, woollv. 7id. to Bd.: lambskins, shorn. 4£d. to 6?. d.; green skins. 4.?. Id. to ss. sd. each: salted lambs, 2s. 9d. to 3s. 4d. each. Hides: Ox. heavy, tiono offered: ox. light. 6d. to 63d. oer lb.; cow, 6d. to 63d.; faulty and dr.r hides, 3id, to s^d.; calf, best, to 9d.; calf, damaged, *d. to 63d.; bull, to 5?d.; Tallow, in tins, 225. 6d. to 245. per cwt. 'Sough fat, 20s. per cwt. METAL MARKETS. : .ly Telegraph—Press Association—Copyright ! London, June 1. Copper.—On the spot, £56 17s. 6d.j three mouths, £57 l£s. Tin.'—On the spot, £149 10s.; three months, £150 15s. Lead, £12 10s. (Kec. June 2, 9.30 p.m.) London, June 2. Copper.—On the spot. £56 16s. 3d.; three months, £57 13s. 9d.; electrolytic. £59 12s. 6d. per ton. Supplies. 31,578 tons; deliveries, 34.970 tons; stocks, 106,815; afloat, WOO tons. : Tin—On. T.he spot, £149 6s. Bd.; three j month?, £150 17s. 6d, per too. Stocks, 19,921 tons; on spot, 6835; afloat, 4705 tons; deliveries, 2333 tons. Lead, £12 lis. 3d. per ton. WHEAT. Ivy Telegraph—Preas Association—Ooovritrlit London, June 1. Wheat.—An Australian cargo sold at 30s. 3d. The market is dropping. Other Australian cargoes sold at about. 31s. (tfcc. June 2, 9.30 p.m.) London, June 2. Three Australian cargoes sold at 30s. 6d., 50s. 7>d., and 30s. 3d. respectively. TALLOW. Hy. Telegraph-Press Association-Copyright London, June 1. At the tallow Ructions 1525 casks were offered and 581 sold, at a ninepenee dodins. (llee. June 2, 9.30 p.m.) London, Juno 2. TallowT—Stocks, 3517 tons; imports, 3414 tons; deliveries, 2390 tons. The New Zealand Loan and Mercantile Agi-ncy Company, Limited, have received the following cablegram from their tondon house under date June I:—"Tallow: We Mitole present spot, values for the following descriptions:—Good muttou, 35.«. 9d. per cwt.; good beef, 355. 3d. per cwt.; mixed, 335. 6d. per cwt. Market dull." niDKS MATtKKT. (Bep. June 2, 11.45 p.m.) By Telegvaob -Press Associntiiin-OooyrlKfet Melbourne, Juno 2. The hides market is quieter, and all cla-sees wore id. to Jd* lower.

SHEKPSKIN BALKS. (Kec. Juno 2, 9.30 p.m.) * London, Juno 2. At the sheepskin sales 4300 bales of Aus- [' tralian and 1300 bales of New Zealand were • catalogued. Combings sold a farthing: n higher. Prices of other sorts were uu- * changed. Ii " ;l BANK OF ADELAIDE. R My Talcums:!) - i're.sa AsanctnMon-CoD'rriirlu t c Adelaide, June 2. The Bank of Adelaide has decided to ° increase it-; capital by £100,000 sterling. • making it half a million. New shares will ; be offered at a £2 premium. AUSTRALIAN PRODUCE MARKETS. By Telegraph—Press Association— Copyright. .* (liec. June 2, 11.45 p.m.) L Sydney, June 2. h Wheat-Quotations for wheat are nomio nal, and there is nothing doing; 3s. is ; ottered and 3.5. 2d. is wanted. Flour. .£9; g oats, Algerian feeding 2s. 4d. t-o 25. sd„ n milling 2s. 6d., Tasmanians 2s. 7d. to 2s. o Bd.; barley, Cape, 3s. to 3s. 2d.; maize, t prime, 2s. Bd. to 35.; bran, £4 155.; pollard, ; £4 lCs.; potatoes, Tasmanian. -£5 lCs.; !. onions, £3 15?.; butter, 1145.-, cheese, 7d.; bacon, 6Jd. • 0 Melbourne, June 2. 1 Wheat, 3s. 2d.; flour, £8; oats, Algerian, r 2s. Id. to 2s. 2d.; barley, prime English r, malting 4s. 4d:, Cape 2s. 7d.; maize, 2s. 6rt.; [- bran and pollard, £5; potatoes, to £4 10s.; ■; onions, £2 15s. I. Adelaide, June 2. Wheat, 3s. Id. to 3s. 2d.; flour. £7 10s. to £7 155.; bran and pollard, Is.: oats, Algerian, Is. lid. to 2s.

C.C. AND D. CO. (By Telegraph—Press Association^ Napier, June 2. The C.C. and D Company to-day cabled the following report:—"The Jrozen meat market, continues firm, and there is a further advance in values. To-day's prices:— Mutton: Canterbury, 3gd.; Napier, Wellington, and North Island, 3«d. Lamb: First quality, 5Jd.; second, 5Jd. Beef: Hinds, sgd.: fores, 'lid."