COMMERCIAL ITEMS.

Dominion, Volume 4, Issue 935, 30 September 1910, Page 8

COMMERCIAL ITEMS.

"■H;: INVESTMENT. SHAKES. .: ,Sales' of Bank .of, New Zealand at £10 5a.,. anU\\V'cUiiiet6il ; . Qa3-(£lo , 'paid) at £19 were recorded .yesu'rday. ,ffho market was iiuiet, and . there we're comparatively, few Quotations. ; Ther<j arc/suinerous buyirs for tho various"- sMr®lat : .'ifulL'Jnfairl!et .prices, but ■ holders.-showno anxiety to cuit even at thf> present' tempting : values, bccause of the. difficulty of finding other, investments equally good." Company' flotation is altogether neglected, for it is: recognised that to.secure the. •capital;: foi'isay,". ? an' industrial enterprise, requ: ring to; employ . much labour. . lirNe'w South W ales' there appears to be Quite a' booiit 'ill-" cbinfcanyr'tfotation..The, quotations ; yesterday, .were as '"under y /. ''-'ft Buyers.' Sellers... Sales, yv... -, r £, s. d. . £s.d. .£ s. d. National Bank-.i;...-.---— --1-5 17 0 . — ■ ■ Banlt-'NiZI,IO,S 0 Jletropolitin 12. 0. 0 • - — — , .Well.' Gas (£10) .......18 17 '6- 19. 5 0 -19 . 0 0 Well.; Gas (£6 155.) 13 17-'6 - '. ' - Well. Gas(new,issue);2io.;o" 2 15 0 ' — 'N.Z. Insurance-.......- 4 0- 6 — — Heat Kxport,,(s2s. 6d.); —..3. 4 0 .— Taup'iri .Goal, ■ .'/ l'O 6 WestportStbcliion':o. 7 ■',0 — — lioyland-O'Brien ....J 1 ' 1 7 6 — Ix.'A. Con.-/DentilV" 6 1-1,3 . ,—' ." Sharland's Moi;d.)„. ; l : „ 4-, 12; 3. ' — Taranaki,Petroleum ? —' ' 0 9 0 ~..

.' r, ; v. ;■ LONDON MARKETS, , "', The -.wool market' continues strong, and the latest messages indicate a general advance.', -'.There. w-as a fairly large opening catalogue, and the bulk of the ottering consisted of: New .Zealand/wool.' Coarse crotebreds show tlie greatest advance, and us most of' the New Zealand wool would be of this class, the, advance is all the more satisfactory. .; . Tfie';.tallow market is. extremely .firm, .and..prices appear to-be at -iheii? highest level.. ...,'Fino' muttoir .follow is Up "to; JMl'pcr.'ton, .'and; fine. beef -tallow £38 30s. -The strong.,demand for tallow, is caused - probably by; the . expansion in the trade of margarine,: for there is ■ unquestionably.. a good, demand for edible .fats. There'are, of course," other causes for, the firmness of tho .markets.' The metal markets' have exhibited.'.'a degree of firmness recently. Tin . has not receded much from' the. high .prices ruling, a'few weeks "ago, r a3 the , result of manipulation. Tlio demand for,: the metal is -strong, and the Welsh tin plate trade, .which is very active, must be: taking,', a good deal of'the ■metal;' ' Copper .keeps, firm at about £55 per tonifor. spot lots. Silver has fluctuated .between- 24d;.and.;f!5d.'for some time.' There imay be changes as. soon, as the 'money market hardens.

. The Customs revenue .collected at the ■port' of, Wellington yesterday.Amounted :£1?12':55.. 4d.,::, f - Tho. uro'duction of lead,.,in tho .United' 'States Inst year* was 11c ■'less 'than--232,974 tons; as'cbmparttt'_with'_2B9;4l7 "tons in the ■previous"year',' nr.' increase""of as ranch as 43,557. tons. . The State of Missouri is the '(greatest lead-producer, ~-\vith Idaho and ,TJtali next,' and. the three, contribute ■ up;wards: of-'80: per 'ceht. of tho total . Approximately. 1 the United States contributes about 30 per. cent.:of the. wprid's lead, and the next most important producers are Spain and , Germany, Australia coming fourth. It "inayibo, that another'yoar or '•.two will find, Mexico; ahead' of Australia in ithe output iof. this metal.