COMMERCIAL ITEMS.

Dominion, Volume 3, Issue 923, 16 September 1910, Page 8

COMMERCIAL ITEMS.

...r.INVESTMENT SHAKES. ' : Sales/were/ made,, yesterday" of Bank, of New. Zealand shares at £10 ,65., and Wellington'Meat.s Export, .third issue, at £3 ,4s. 3d. There' were : rid'rchanges: : in"the'/auotac tions. /:- ..' ■ ,/■ ' Buvcra Sellers / Sales. -. - - ■£B. d --£.9. d. • £ 3-d National . Bank ...... '5 14 3 516 0-. —. Bank of N.Z. ;. / — .' —•■lO 60' Metropolitan 12 0. 0: — Deposit z -.... —: ■■ 08 9 " —, Napier. Gas (£10) ... 24 0 0 — — : Well., Gas (£10)-...;;,-18 15 :0 ,' — , - Well.. Gas- (new ■ issue) .; 2 7.6 — — .'Meat i Export ' (£4),' —' . 6 5 0 — Meat iixnort (£2l2s. '' , , : ~ • ' ' 6d.) i : 3-4 3 34 3 Well. Woollen (ord.). — 313 ; 6 —; ~ ATell. Woollen (p'ref) 2-14 0 • ' West-port Coal" — 6 9 0 — ■ .ucslport-Stockton 0 7 0 - — — Donaghy T Eopo. ..: 14 3 -— ■/ Leyland-O'Brien . i:,7 3 18 0 — Oon. Dental- . 1 2. 6.;.. — .-. Sharland's (ord.) ;.:. • .— .' 1 '.2 .'6 'i'aringamutu Totara 115' Ward and Co. 5 2'o — '" / —. ;i. : -:.: . GEORGE FOWIiDS, LTD. .• W/- ? ; George/'Fowlds,,. Ltd., was - registered on'. September 8, with a/capital of £7300 in 73C0 i shares of.-. £1 ■: each., Subscribers';— George: ,Powlds, 6950 shares; G./M. Fowlds,/50;:U. A. Fowlds, 50; A. A. Fowids,-50; ; J. E. Eoivlds,50; 51. C. Fowlds, 50; W. F. Fowlds, £0;, iD. J. /Fowlds, 50. - Objects :—To acquire and carry /on ..the' business ofi/draper, hatter, tailor,'.and -mercer, now carried ; on/by Geo. Fowlds. ' -J '. /: '; , AUSTRALASIAN GOLD YIELD; ./■'■; : - :!' The gold /yield of tho Commonwealth for the,:first,eight| months of the current year'. ; was. approximately/, i; 788,570 fine ; ounces,; or; a/decrease of -137,173 fine ;ounces, when .compared .'with the -total for/.the corresponding. 'period r of-; : the previous .year. The New Zealand !oiitput,for ;the,'first' eight'/mbnths; w'as : 322,557' ounces valued-at '£1,275,225; as compared -'with;-331,596; bvmccs; valued/at,,£11318-, 115 -in - tho.;.oiglit[,inbriths of:-la'styear.: Tliefe ! has/thus; been a "decrease /0f.','9039./ounces valued at,i-.£42,851). ;. Tlni, figures. ; for eachState are-uiven hercunder in comparative form:r- '//i' : .'"v'.i-,.-'- :. / " ■ ■ /:.v : ; i /-;;;,/ : '9^ f - ,-/::/. r^'-':/1909./^ 1910.. 02 OZ Victoria'' ......, ..', 418,503•" 381,798 ,'N.S."Wales 127,499 '' 127,191'/-: W. Australia 1,051,806 . '/. 965,619: Queensland " 288,435 ■' . 283.462 ■ ; s.' 'Avstnilia's;,s,ooo/: ':-5,0C0 \ ': Tasmania ; 34,500 25,500 -7 v ./'./ ' :^;; /Y' : V-',;ii:/:.V- -W25,743'h- 1,788,570 k ::New; Zealand .331,596'. 322,557,/, ;■ '(: : X 2,257,339. ;i: 2,111:127 '

... AMEEICAJf: LOSSES ON WOOIi. : The!;"W6ol Eecord'''of Bradford; of. July 1 21, -1 in '.referring -to ; thc; losses' made, by Americati^bnyeni';ot':Außtralliiii : :ii ; ool,'{Bays:; : - "It- .lbok's" almost . : to,'Newcastle,'or::fig'sj.to. Sy;inrna when'.'colbhiaP bought ■. V'bol t is ' shipped Vbaclt. .from- -th'b. United States ta.be sold in Coleman-Street, and:.'one leading feature--of :■ the .-currcnt serics;of!,'salcs;.is;the 'offering of pome:fair .weights ofi very .superior, lines from across the;'herring'-'pond.y.We;take no pleasure in chronicling this fact, and: would much 'have preferred American- manufacturers'' being; ln:^a, -position ;'to'::successfully I ";handli,vt)it> 5000 Ibalei .'whicli. have ibeen- returned. It oertainly .is.a credit ,to any ..industry, to ,be\ /in,-a position to ■ consume/.the very .pick'of •thei:Australian clip;.and l : seldom : has there' been such- a show,.in. the l warehouses ■ as; 'there: was:-yesterday, in • fiondon: docks; VWc are; sorry.,that those: who'-,have .seen, fit to re-offer: the . wools .. .will ybe ' called ; upon .to face, such-heavy; losses,, but,-European- buy--i ers. can never afford to pay '.'the,,:'' '-'sky prices" which were given, in Melbourne'and Geelong-.-i last, \.Decemb'er. No'-, .doubt, vthe. fiscal arrangements - of: the United. States Compel;- American ibuyers Vto purchase . the very.'lightest-conditioned' grown,- and the wools offeped:were: certainly magnificent.' : It" 'will -be , seen"- from; the' : pirtibulars. we give' below: that .: the - losses are uhdoubtcdly.-.tho: heaviest on the very best wools,-, and," although- there. was plenty of .competition l -for :,them,-yet nobody, couid: afford yto.Way,'.anything .near... what, they cost/ for neither home,nor-Continental buyers were able:ito give;.',more ;tlian "a,-good, commercial'; market- price.'-It : perhaps is: the best for the'owners to face tho loss at once and.' khow'where. they-stand, but at' the'.best. the experience 'is. very .unpalatable.' Wo, pass ho-comment upon the reshipments, but it would have been better, if tho Amcri.can, textileitrade had' been, in'a position to absorb'.; them. Wo hear to-day-.; from Boston;' that ' things . are' -.gtiU ; .-"in'.' a, . very: ,bad. way; a;nd. that there are still no : tangible' signs ,of - any solid improvement. Below we' give'-.a:.:list , i of; some: of the returned, wools,,' what :tliey -.cost in AUstralia,' .and - tho prices .realised,in-London; :■ We purrwsely suppress the marlts. as, we -think it best.in the. in'te'rosts of botlt buyer; %nd seller.": Of course, freight;.,-.jsv-ants I ad;ding. s from .Australia to the United States port,,including,.exchantcc, lin'snrance, .- and', bond I ;charge's," and" also freight,' etc.,; to 'London, arid: sale.- expenses, which., will, come to about,-'2d. per. lb. :on' first : : V

BOUGHT IN MELBOURNE OR 6EELONS. V .i' .: '' Cost'iri' 'Pricciri. v;y:'V: -Australia. London. Description. Bales. G. d. s. d.' , Greasy , 'super''bombing: .. :r ;6 ■ 'l - -' S."- : .i' r 4i bid Greasy,' Ist- combinß a.....;.' 50' 1; .7;: ■ 1 :35 bid Greasy Ist combing/ -lists.' 13'. 1 6 13 Greasy, 2nd,combinK ....... 34 lis ':1, 3 Greasy.'S combing • 5 1 4J 1. 3J . ■'■ ■" By Teletrrapli—Press A--:n^intion—ConTTintl' London, Soptember 14. : . The American visible ' supply - of wheat is 43,95!,0C3 bushels. An Australian, wlieat cargo liaa been sold at 1%. per quarter;'... ■. TALLOW. By Telegrapli—Press Assooiation—Copyright.' London, September .14. 1 At tho tallow sales,', 1514 casks were offcr'ed, and 1274 sold. Prices realised—Mutton, fine ■•:43s.,''' medium37a.':■ Beef, fine 38s. . 3d:, medium. 365. 6d. • .. . . , '. . •' . silver. ' By Telegraph—Press.Association—Copyright.. London, September 14. Barsilver is" auoted • at; 24id.■ :per .ounce standard. . '. • ''s,AUSTRALIAN PRODUCE. • By Association—Copyright. (Eec. Soptember . 15,. 11.20 p.m.) .:: ' v i . : Sydney, September 15. i . The ' .wheat .mo:rket iB exceedingly, dull owing to no business being done with London. Shippers offer;3s. lOid. to 3S. 114.,' and sellers ,ask 3s. llld. a bushel.' . Flour is dull of . sale, at£lo. ' Oats.—Tasmania, 25.. 6d.; Algerian, feeding, 25. ; 3d. 2s. sd. ', ' Barley—Cape,"feed,'3s.'; seed, ,3s. 2d. . ■■ Maize, 2s. Ed. .; , " . i . Bran, £4 ss. \ ' • • .'. . Pollard, £4. .-', ..v ,-' ' Potatoes.—Tasmanian, £8 10s. .'. Onions, £5 10s. ' . : ~ . . : Butter, £5 95.; cheese, 6d..t0 61d. Bacon, fid. to :6id. .; . : , ' /:.:•, ■ Melbourne, September 15: 1 . Hides.—Excellent ! competition. ;■ Medium and and heavies .are Id.: dearer. -Others unchanged.: .' . . ;,,• Wheat, 3s. lid. , Hour, £9 105.... ■ • > ' Oats.—Algerian, milling,' 2s. -2d.;', feeding, Is.' lid. -b-v.. '. Barley—English malting, 4s.:fid; " . Maizo, 2s; : id.- . Bran' and-pollard, £4 55., . - . Onions,:ss 6s. •1 ■ , 1 .; ;.. , Potatoes, £5 155...

fldclaldo, September 15. Wheat 3?. 9)1. ■ ■* ■! , Flour,. £B 15s. ", ' .." ' 1 ' ' liran, llid. ■ : *' - ; Pollard, U3d. '• Oats—Algerian, 2s. Id. .. 0.0. AND 1). CO. . (By Telegraph—Press Association.).. . .■l. Naplor, September 15. The ■ 0.0. and p.- Ob.' to-day 1 cabled the following repirt '.on tho frozen meat market—Mutton and lamb slightly firinor. Today's prices: — Canterbury mutton, 33d.; Napier, Wellington, and North Island, 3t|d. Lamb,' first quality s}d., second quality 4jd. Beef, hindquarters • 3jd.,- forequarters, 21d. j

LEVIN WOOL. SKIN AND HIDE -SALE, ■ Messrs. Hitchings, HanUins, and Co., Ltd., report, as follows:—At our monthly sale, hold at Levin this week, wo submitted 20 bales and fadges wool, 1000 sheepskins, 500 hides, 10 casks of tallow, and oddments. There was , a much larger attendance of buyers than usual, and competition was very keen right through Ithe sale. ' Skins snowed ran advance of per lb., and hides advanced from 3d. to Jd. on last quotations. Prices realised wero as follow: Wool—Dead, 63d. 7d.' to 71d.; crutcliings, JJd., ,4»d., 5Jd. to 53d..: Sheepskins.—Crossbred, fine, Bd. to 83d.; medium do., 7Jd. to 73d.: hoggets, 73d. to Bd.; dead skins, 61d. to 63d.; • broken and inferior skins, 4d., Sid. t0 ! .53d.; damp and, green skins, 55., ss. 6d., 65.,-6s. 9d. 7s. to 7s. 4d. -to Bs." 6d.; salted crossbred, 6s. 6d. to 6s. 7d., Hides.—Ox, heavy, 63d;; medium do., 6Jd. to 6Jd.; cow, 5Jd., 5Jd„ ,53d. to sgd.; yearlings, 6Jd.; horoe hides, 1 lis. 6d.; calf, prime,'9Jd. to 91d:: cut, 6}d. l'allow.—Casks, £27 : 10s.; Itegs, £23 to £23 10s. per ton;.horns, 6s. to 9s. per 100; bones, £3 per ton.' • -i-