COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 876, 23 July 1910, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHAKES. Wellington Woollen preference shares changed hands yesterday at £2 11s., and Taupiri Coal at 20s. 9d., and Feilciins Gas at £1 Is 9d. Dank of Now Zealand, buyers £10 10s.; Hn.uitable Building, buyers £9 10s.; Wolliuston Deposit, buyers Bs. 3d.; Rational Morteasc buyers £i 35.; l< ew Zealand and Itiver Plato, buyers £2 Is., sellers £2 2s. 6d.; Fending Gas, sellers £1 25.; Wellington Gas, £10 paid, buyers £18 10s.; £6 15s. paid, buyers £13 12s. 6d.; new issue sellers £2 10s. premium; rational Insurance, buyers £1 10s. Cd.; Standard Insurance, buyers £1 4s. 6d.; dear Meat, £4 paid, buyers £10 55.; £1 paid, buyers £2 145.; Meal Export, £2 12s. paid, buyers £3 55.; New Zealand Shipping, sellers £10"; Union Steam, buyers £1 14s. 9d.; Wellington Woollen, ordinary, buyers £3 55.; Taupiri Coal, buyers £1 os. 6d.; Leyland-O'Urien Timber, buyers .El 6s. 9d.; New Zealand Drup, buyers £2 11s.; Saarland's preference, buyers £1 Is.; Taranaki Petroleum, sellers 11s.; I'aringamutu Totara, buyers £1 Bs.; Wairarapa Farmers, sellers £7.

NORWICH UNION LTFE. This office has been operating in New Zealand for some time past, and the report for the past year shows that tlio proposals received numbered 10.498 for £5.971.967. ot which, 1009 for' £892J83 were declined, or

not completed, while 9409 policies were issued, iosurinß £5,1)76,984, the new premium income being £222,559. Both in the number and amount of new policies, the figures were once more in excess of any previous year. In addition to the above, the society received the sum of £24,884 Is. 3d. as premiums for leasehold and capital redemption insurances completed during the- year. The income for the year was £1,697,114 4s. 3d., and the outgoing (including a. provision for every outstanding claim), £909,199 16s. Id. The difference, £787,914 7s. lid. constitutes the increase in the funds which, at the close , of the year, amounted to £8,913,915 6s. Ud. The interest dividends, etc., received during the year amounted to £342,667 19s. 2d., which shows a net return on the mean funds, including all unproductive assets, of £4 2s. Id. per cent., nfter deduction of income- tax. NOKTHEKS ASSUEANOE. In all departments the Northern AssurCompany has scored a success in 1909. The net premium income of £1,228.C00 yielded a trading surplus of £!50,CC0. Tha employers' liability section showed a profit of £6uCO from premiums of £29,000, the line result being partly due to great economy of management and partly to a moderate claim rate, a considerable portion of the business being, it is understood, of tho "domestic servant' ~1-ss, in which premiums do contain a> margin for the shareholders. Personal accident insurance has also done particularly well, more than 35 'per cent, of the net premiums being available for prolit and loss. CUSTOMS REVENUE. Customs revenue collected at Wellington yesterday amounted to £2002 Is, 2d. FITOIT AND PEODTJCE EEPOHT. The Now Zealand .Fruit and Produce Co. report for the week as follows.—ln consequence- of large shipments of Sydney and liobart fruit has weakened, though the price for vegetables still rules high, and seems likely to continue so. As anticipated, potatoes have again, advanced, and prices for this staple article of consumption seem likely to remain high for some time. Eggs are in keen demand, the prices for other products arc unchanged sinc-3 last report:—Potatoes, 6s. 9d. to 7s. 9d. cwt.; onions, 4s. 6d. to 4s. 9d. cwt.; swedes, 2s. 6d. cwt.; turnips, 4s. 6d. to ss. 6d. cwt.; carrots, 7s. 6d. to 9s. sack; parsnips. Bs. to 11s. 6d. sack; beetroot, 3s. to 4s. 3d. sack; cabbage, 4s. 6d. to 7s. sack; cauliflower, 9s. to 15s. 6d. cwt.; lettuce, 3s. to ss. caso; spinach, 4s. to ss. case; pumpkin, 3s. to 4s. sack; marrows, 2s. to 3s. sack; kumeras, Bs. case; apples (cooking), 3s. 9d. to 65.; apples (dessert), 7s. 9d. to 95.; passion fruit, ss. to' ss. 9d.; oranges (Island), 65.6 d. to 95.; pears (cooking), 9s. to 10s.; pears (dessert), 15s. to 15s. 6d. bananas, 15s. iu 18s.;; pines, ss. 6d. to 7s. 9d.; liobart apples (scarlet perniains), 9s. to 9s. 9d.; French crabs, 6s. 9d. to 7s. 6d.; Hobart apples (stone pippin), 6s. 6d.; lemons (Messina), Us. 6d. (150);- lemons (Sydney), ss. to 65.; -Mandarins, Bs. to 9s. 3d.; Sevilles, 4s. to 55.; eggs (fresh), Is. sd. dozen; eggs (preserved), Is. dozen; chaff, £5 to £5 155.; oats, A grade Gartens, 2s. 6d. bushel; bean, ,Bs. 3d. sack; wheat, 4s. to 4s. 3d. bushel; straw; 2s. to 2s. 3d. bale; rice, 6s. 6d. (561b.) mat: pollard, £6; ducks. 4s. 6d. to 6s. pair; peanuts, 235. sack; hens, 3s. to 3s. -3d', pair. WOOL, HIDE, AND TALLOW SALES. Messrs. Abraham and Williams, Ltd., report:—We held our monthly wool, skin, and hido sale at Palmerstou yesterday, and offered a good catalogue to a fair attendance of buyers. Bidding for wool, skins, and hides was spirited, and the whole of our offerings was sold at full market rates. We uuote:—Wool: Lambs, 7d. to 73d.; crossbred, dead, 6Jd. to 7d.; crossbred, medium, 6Jd. to 7id.; black, 6d. to 62d.; locks and pieces, 33d. to 4Jd. Tho crutchings offered were of medium quality, and realised from 4Jd. to 6jd.; inferior crutchings, 3Jd. to 4;d. . Skins: Crossbred, line, Yd. to Bd.; crossbred, medium, 53d. to 63d.; inferior, 43d. to Sjd.; half-woolled, 4Jd. to' Sid.; black, sd. per lb.; dead and 4d. to 6jd.; hogsots, !)>d.; lambs, 5Sd.; pelts, 3}d. to 4d. Butchers' skins: Crossbred, medium, 4s. Bd.. 4s. 10d., ss. 2d., ss. ,4d., ss. Bd., bs. 9d., ss. lid., 6s. 3d. to 6s. 10d.; inferior ditto., 2s. 6d., 2s. Mid., 3s. lid., 4s. Id., 4s. 5d.; green (heavy), ss. 6d. to 6s. 3d.; green (liu'ht), 3s.'Yd. to 45.; lambs' skins, Is. lid. to 35.; lambs (green), 2s. 7d. to 3s. 3d.; damaged, Is. 6d.; dead, 2s. 3d. Calfskins: Medium, 7Jd. per lb.; small, 6»d.; inferior, 4Jcl.; yearlings, 4Jd. to 6}d. Hides: Ox, medium weignt, siid. to-6Jd.; heavy, sijd. to 6^d.; cows, light, "i.'.d. to s£d.; medium, st'd. to 6d.; heavy, 5Jd. to , 5;; d.,cows, cut, 5Jd.; heifers and steers, <ijd. to 53d. , ; bulls, 41d. to sid.; horso, Bs. 6d. to Bs. 9d.; horse, eut, 4s. 3d. Sundries: Tallow (casks), £26 IDs. per ton;, tinu, £23 ss. to £25 per ton; cows' tails, Is. 3d.. , per dozen; horsehair, Is. 4d. to Is. sd. per MeEsrs. Hitehlngs, Hankins and Co., Ltd., Levin, -report on their monthly sale >u follows:—Wβ submitted a goud catalogue, comprising 12 bales and' 44 fadges cruichings, liiOu sheepskins, 3uo hides, 1 casliß :uui 40 tins tallow. In sympathy. with tno decided decline in Louoou ior wool and siieeuultins at the July series, buyers were very cautious, and crutchings, and sheepskins, declined fully Jd. per lb. The prices realised for salted and green skins was auita 'e-uua-1 to our last quotations. Hides liavo declined at least id. per lb. during tho ,past six weeks. We cuoto as follows:— wool: Crutchiugs, liomney bright aiid long, 6'(d. to 6Sd.; medium, std., 5J.d., to 6d.; logatamed "and. sandy, 4d., lid., $)d. to 5a.; dead wool, 5d., 6Jd. to 6d. ; straggler tleeco, W. Sheepskins: Crossbred, medium to line, 63d.; coarsa crossbred, 6d. to 6Jd.; hoggets, 5d., sid. to sid., half-wools, «a. co bd.; dead ajid broken, 3d., •ijd. to 5d.; inferior pelted and damaged skins, 2Sd. to 3d.; green skins, crossbred,-4s. led., sb. 3d., bs. Gd., ss. Bd. to Bs. for extra heavy; hojrgets, salted, 3s. 5d.;. crossbred, salted, cs. 6d. Hides: Ox. extra stout, 7d.; heavy do., 6d.; medium do., 5Jd. to 5Jd.; coir, extra heavy, bid.; medium-do., 6id. to 51d.; light, do., 4|d., sd. tS 5Jd.; calf, best light, iij,d.;. heavy sound, 7d.;' cut and slippy, 3d. to 4d.i aosse hides, ss. 6d. Tallow: Casks, £27 to £27 ss. (equal to £28 10s. to £28 155.. Wellington); tins and drums, £23 to £2i as. per ton. LONDON WOOL SALES. By Tolcgrapn-i'resi Associaii-jii ... •-vii:;]-,:. London, July 21. At tho wool sales there was good com-, petition. AH the prices realised were slightly above the opening rates. Messrs. Murray, Roberts and Co., Ltd., have received the following cablegram from their London friends. Messrs. Bandereon, Hurray and Co., dated July 21:—"'rue market is firm, and shows v. hardening tendency. Greasy crossbred coaisc to medium has ■ advanced live per cent., and slipe crossored shows a slight advance." WHEAT AND FLOTJE. By Telegraph—Press Association—Copyright. (Hec. July 22, 8.5 p.m.) London, July 22. 1 Wheat.—The markets are lirm, but buyers are inactive. Chicago September wheat is (.noted at IC6 cents, to 10/J cents. Two Australian cargoes were sold at 3/s. and 375. 3d. respectively; 375. 6d. is asked for Australian off the coast; for a West Australian March shipment 365. 9d.'is asked; for New South Wales, March, 365. 6d. hae been paid; for parcels of Victorian JulyAugust; shipment, 38s. 9d. is asked. Flour.—For Australian, ou spot, there is little inquiry, and high prices are checking business. Australian, on spot, £27. Oats are quiet. La Plata, August shipment, is quoted at 13s. 4£d. Messrs. Dalgcty and Company, Ltd., report having received the followiug cabled advices from their London office, .under date July 2'2:—Frozen Meat—Lamb: There is a fair demand, but owing to heavy arrivals, prices are jd. to 3d. lowe:. Mutton: There is a poor demand, prices being weak at last Quotations. Chilled Beef: Owing to light supplies, price') are hlghi:r iu. to id. Beef: Price:; are id. per lb. higher, and there is a fair demand at these prices. OANTEKBURY GEAIN MARKET. (By Telegraph.—Press Association.) Ehrlstchurch, July vi. Cable messages show that Australian wheat cargoes have advanced 2s. 6d. per quarter during tho week, and a sale has been made at IVi. 3d., as against 345. 9d. last week. The best offers for New Zea--1 land wheat is 335., which is equaJ to about 35.. Id. f .o.b. The prices asked by growers, therefore, preclude any purchasing for shipment, as their ideas of values hrve gone up about 3d. per buehel during the last fortnight. Though there

is a good inauiry for wheat, there is consequently uu business dome. There la nothing fresh to report in oats, chair, or potatoes. Onions have advanced another ss. per ton, as supplies are getting short, the season having been ail earlier one than usual.