COMMERCIAL ITEMS.

Dominion, Volume 4, Issue 942, 8 October 1910, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHAEEB ': No-'sales of investment sharce were recorded yesterday, and tho market was quiet. Tho Quotations were as under:—- . , Buyers. Sellers. „ '. r. £ b d. £ a. d. National Bank :....-...; 5 15 6 5 16 0 N.Z. Loan-and Mercantile 0 10 0 — Well. Doposit. — . v 0 8 !T Well. Gas (£10) -' 19' 5 0 Well.-Gas (£6.'lSs.V ....„...' '— 14 0 0 Well. Gas (new isane) — .2 12 6 N.Z.. Insurance ; -. .4 0 6 • '—•• South .British ,- — . - - -J 9 0 Standard, 1 5 5 I'6o Christchurch Meat! i'......;.-. 14 1 0 . — . Gear: Meat (£4) ..'....v..;..;.. 12" 5 0 ; ' - —"" I Gear. Meat (£1) ...:..........; 3 0 0 — ■ Meat-.Esport,(s2s. 6d.)'...... '-',- 3'4 0 Well; Woollen' (prcj.) ...... 2 15 0 "' 2 15 9 Tanpiri.Coal ...'. .....\;.;.. , — . 10 6 Westport Coal 1.. ; —. . 6 8 0 WcstportStockton .-. 0 7 0 — licyland ■ O'Brien : .; ...,.' —. :■ . 17 6 N.Z. Con. Dental ............ 1 0 9 .' 12 0 N.Z. Drug, ...-,... v ................ - 2 116 Sharland's (ord.) ' —■ ; . 1 2 3 Ta'rinsamutu Totara ....: —~.-' -2 3 6 ' PEODXrOEEXPOKTS. ;...;. ~.lieaflet;: i f'o. 97' issued by the."Department of Ooniraerco. gives' details-.of ,-the values and .-quantities of certain ."New- Zealand products..exported.' The figures for-the past month, values.ohlyi':totalled £665,055, as coinp'arcd with ; £697,294: for the - corresponding! last' year..Dealing! with tho ilgur.esi.for.the:^year^ended September 30; the values .of the -several .products com-' pare as under:— .•.-,'. '-.-.-:. -■. ...- ~- .-,.- '--; ■.:■■-•:'..■■ ■ ■'■■ '-.:; 1910. ■' ;-. ' 1909. ; /:,■ /.-.;'■■'- i,.;■'•';:'' '■•:.:■■:■■■!■:■£■ ', :; 'v ;: £"' : ' ■- . BntterV. .._......._.. 1,725,551 ■' 1,485,928 ■ Cheese; ; . ..:........J..:.. 1,263.298 - 993,698 ■■'' "•" ?f\ l ' -'~--- - -—"-- -—-«------ '■-•' 635,057 .. 523.163 Mutton- 1,255,7C9 1,122,468 ' , -, I/egsandpieces-...; 66,290 i-: 60,324 .. v-.-Lamb- ,-...........-....:.. 1,885,889 - 1,784,022 •! Wheat.(t;c..„;., 1 ..;..:;;: > 118.955.,-; 305,906 , !-, ~-,' Oats .;../„...,......;,.. ~67,045 . 465,012 .-.- -P0tat0e5,:,;....-;.;:.:.;.:' - 3,562 , : 2,691; "-.'' gemp. .453,714. ■ :297,592 ■"■' ... Eabbit5iii,;.,...;;...._..,. ; ; 73,397-,'. 47,145 : ;;-Tov,- : _ -:....;..-,.. :...:.,29,576..', .17,712 • Kauri-gum;. .;..'..;.....: 523,912 '.-'•:-517,636 '• •■-;;Grain ; and. pulse 1 ..-.'•;.;:69.297: .'58,667 •■■'■■ 5?? s : ! "■-"V"-"--' -.19,762 : ; ; 9,061 .;;:;.Bjdes:;; „..:.-...;...;..:- 235,023 ;■':•'. 216,003 ' - " ■S t 880,7«;- .-737.467. ' ..TaJ1qw,..,■....:;;.....:...:..: 776.887. ■ "647,715. !:■' Smber..-..™..'..-...'.'..'..'..:• • 369.220 1 .,, i 050,745 ! ' :,:; Wool ..•.'..'..._...;....;.. 7,953.092 '5.914,695" >..'....;...,;....,;..'1,965,371; 1,942,089!, -!, : ; : '/!,;;i: ;■'[■: ■-••20,375,366-; ,17 A99.W :':■'. ..There is an inoroase -of £2,875;727,- wiich ; is j extreniely.t ■satisfactory;', •.: Wool■-. exhibits' I °" Baiiij.'of over two millions 'sterling, and substantial increases are; shown -by butter and -cheese and; frozen -meat:-'). Wheat and oats:, have^declin.ed, -. • very".- ■;' considerably, especially, i.pats...,-The .expansion:, in -hemp is\very-cheering;, and;would 'seem-to iu.dicatethsl'jnillors -have', solved-the' problem of .profitable';production at'current prices. Inoroase ;arc-shown; -undo, i.l ne'ads- except ..,wheat'.and-;bats.\ . ,;':: ,:.,-,' - -i- ■' ; .;Meeßrsi' Lacry-.-and -Co.; Ltd., Wailington, .report-wholesale,pricos'rulins-on the• mar-: kets:-Wheat,f,fowl,-,-3s:- Bdi to' 3s 9d.;' feed ;onti..'-2(,.:5d;.t0.?5.,7d.;- dan oata.', 2s. ;.7d:.'. to is.;. sa._j..seed-oats, 2s. 103. to ;55.-, Algerian oatsi is.;;;to' 3sl',-'2d:;'-maizo',' ; : 3si'' 3d. to ■ •■" - t i- ; ! icrushed ■ malt;. 7b.;-' fowl- barley, -;2s....9d.;,:Oape.';barloy iseed, 1 '3s.'; .flour,'New, Zealand,;£ peas,' Prussian blue, 65.-3d:; ; split,: £17; partridge peas,.4s. 6d.to ss. 3d; per bushel; honodusf, £5-15s; siip'erPhpephates;:£s.to £5 55.; basic slag '£4' ■10,1.-;-■iipollara,-'-- '£6;...'-bran. .-'£4 '56.;' p'igimeal.;-. .£s;,tan;,- pearl :-barley, ; « 15 5 .. chafMoatcnsheaf), £4,155.: to £5 110s.;. potatoes, teblc-£B.'lss.',to £9 55.-, seed, TJp-to-dates, £8; onions, -Victorian",- £7 'to £710 si ton •'

molasses fodder, £5 10s.; bacon (factory), bides. 71(1. i hams, 9d.; rolls. Bid.; butter! prime bulk,, lOd. 'to lid. Poultry,-hens, "3s. M;l du ,o • 4 6s, «J° 6s - I,or » air; turkeys gobblers, 18s. to-205,; lions, 10s. to 14a.; fresh eggs, Is. per doz.; cheese, 5Jd. per lb.; Akaroa machine-dressed'cocksfoot, .'7Jd. nor lb.; farmers' dressed cocksfoot, 6d. per lbryegrass, 4s. 6d. per. bushel; Italian ryegrass, 4s 3d. to 4s. 6d. per, bushel; white clover,-105s. per cwt.; alsike,. 80s. per cwt,flew Zealand cowgrass, 90s. cwt.; pas'palum, od. per-lb. - . , ,

Tho New Zealand Fruit and Produce Co. report a. ..very good, demand still existing for all kinds' of vegetables. Cauliflowers sold on Thursday realised up to 17s. 6d,' per sack. Carrots, pumpkins, cabbage, parsnips,' and .turnips are being eagerly competed for. The shipment of fruit from Sydney did not arrive in very good'condition; fruit in good ordor brought good prices.. Apples meet with a fairly good demand. Peas are in good domaud, and new potatoes are eagerly sought for. The ' following are tho prices ruling during tho week:—Potatoes,'Now. Zoaland 9s. 6d. to lOs.'.cwt., now New Zealand lid. or £70 tota, Australian' Bs.' to Ss. 6d. cwt.; : green peas, sd. :to 6d. lb.; carrots, 9s. to 10s. sack; parsnips, 10s. to 10s. 9d. sack; onions, to 7s. 6d. cwt.;' marrows, ss.'. sack;, cauliflower, .10s. to 17s. 6d.- sack; cabbage,' 6s. to;9s. 6d.,sack; turnips; 4s. to ss. 6d. sack; spinach. 2s. ,6d. to. 3s. case; pumpkin, 7s. to Bs.'9d. sack; cucumbers, lis. to 13a. case; rhubarb, 6s. doz.; lettuce, 2s. to ss. case; celery,.2s. to 4s. doz:; asparagus, Is: to Is. 3d. bunch; apples, Washington 7s. 9d. to 85...6 di,'. stone pippin ,7s. to Bs.,- Eoke«*sud 7s. to 85..,6 d., Stunners '6s.to 75.; Hobart apples, scarlet permains 125.-6 d. to 13s. 3d., stone pippin 7s. to, Bs., French crabs ,7s. to 75.,6 d.-, stunners 9s;; lemons, 7s. to 7s. 6d.; pines, 10s. to 12s.;■■' bananas, 15s. ,to 18s.; •passion fruit, 10s. 3d: to 10s. 6d. box; mandarins, (bushels), 13s. to 155.'6 d.; mandarins (gins), ,13s. 3d.;' mandarins (packers), 9s. to ,105.;9d.; eggs, 15.,d0z.; chaff,.£s to,£s 15f3.;.roats, A grade gartons, 2s. 6d.. to 2s. 7d.'j:rice, 6s. 6d. (56!b.), mat; brari, 7s. 9d. sack; wheat, 3s; 9d. to, 4s. 3d. bushel; 'straw, 2s. to 2s. 3d. bale;, pollard, „6 ton; ducks, 4s. 6d. to 6s. pair; peanuts, 235. sack;..hens, '3s. to 3s. 6d; pair. . .. :■;* siNs' p OF ENGUND 'KETraN..".', By Teleerann-|-Press Association—Oopyriga> <.' ~';. '.(Eeo. October:7,'s,p.m.) ';..'" ■''"','. ■"' London, October 6.!/ ': The' Bant: of .England return issued for. the week' 1 ' ended: Wednesday, October 5, -is.--as iinder:— '." '.-''■'";■-.■'-".■■ ,-'l',-'■'.'• '.:.',■■ IBSUE DEPARTMENT.•'."'•.."■ - -•'•■' .Notelssue. v U'6i.3S9.opo. : Goy.debt'... £n,OIS,OOJ •"!•.'.;'■':-,'•■ ■!-'.'' Othe'r.securi-'. ; : . '.''.;■;, .""ties 1 ' ..„.■.. 7,431,000 .'■'. ■■■■:..:■■ ■'•'■■' \-\ k ,'■ Gold ".'''_• 32,910,000 •'„.'.,■. .;;■.'f51.369.000 [■..;. I ;,;■■ -'J51,369.L00 . BiHKINQ DEPiIiTITEHT.': Propriotorß' .'■■■ '. ' Govt.'secnrl. .;.':. ' capital, '.■■". £11,653,000' ties... ... £14,081,000 Public do-. - , - l- Otbor seouripositsi- -... 7,619,000 lies...' ... 29,792,000 OtherdO;." ,'■ ■'.'■','■■'•■■••■.''"■'■•''.,'•. •'.•' .' posits •• ... 44,14-2,000 Notes :■■> „. 33,213,000 '-Itest, 7-ur-; ;■;',':■-,■'■'i i ■■•'.'. ■■ anaothor.■ '"■• ~ Coin „. • ■ _ - 1,474,000 •.bi1i8...' : :■'....'.:,' 3,146,00p;'V';', ■;■:/.', a ; .'-.'£69.460,000 i ' : .'Vv. , -'':.£69,4eO^CoO .',The leading- ite_s\of. tho'Bank of England return afford the following com-' parison:—,,■■'■ ,', ■■-■■■' ■.--.-' ' ;':-.;; >■'•' ',;•...'. ..Thisw'ook. .-astweok,' Lasiyear ■.:.:.".' ::-;..:' ; .; < ,':> ■£";;> ■-.._.. < ,■£ \ Bullion... ' .;.: 3-2,9«0;O00 • 35.8_,000 33.4(8,000 Reserve A.. '•!.■ -...', 21:687,000.-. 27,839,000'i23,636;i;00 Noto circulation 2i,176,0C0 -87.35n.003 SD.Tfie-.COO Public Deposits. -'7,019.0W-' l-2,78-2,t00 . ,6,C98,C0J Oihor Deposits' 44,142,000, 42.439,000: 45,256.000 Proportion* of, . - ": : - - --o :.'.-'.'.'.. .reservO' to -..; •'. ■■.'.■:;- '■ ' ■-..'.''.,':'...' ..•liabilities •.';•.' . ;;47.67 \ ,''60.39 ■'.''.':' : 45.21- :

GOVERNMENT' SECURITIES. The, tollo.wing. aro the latest quotations for Government securities, with a com.. parison of those ruling last week:— Variations coinimied Prica. with ' last week. £ 0. d. 2 i% Imperial Consols 60 2 6 Unchanged 4 „N.5.W.1933Jan.-July 105 0 0 Unohanijed 84 „N.S.W.l9lß.>iar.-Sop. 9S 0 0 Unchanged 3 „N.5.W.1935Ap1.:0ct. 86 7 6 25.6 d. lower 1 „ Vic. 1020 Jin.-July . aO-3 0 0 Unchangoa 3J „ Vic. lftirt Jau.-July ,63 00 . Unchanged. H„Vio. 19-29-49 Jan.-July 85 10 0 Unchanged 3J „ S.A: 1916 Oan.-July ■. 95150 30s.highor 3 „S.A. UlOJan.-July 8:110-0 TjDchaiieed ,4. „QTdl9ls-2JJan.-July 10210 0' .Unehansod 3i „ QTdWiWOJan.-July -97 17,6 2s.od.lower 3 „QTdl92-i<7Jau.-July SilO.'O Unchaneod i -„N.Z.-lft_jlay-Nov.-- 103 10 0 325.6 d. lowor 3J ;,N.Z. 1940 Jan.July' -95-0 0 -Unchanßed 3 „H.Z.lMr.April-Oct.- B6 7 6 2s.6d.hi her 3j„ W.A.1920-10May-Nov 96.00 ■ SOs. lower 3 ,-, W.A,1916-io_ay-Nov 83 10 0 .30s. lower 34 „ Tats. 3WO Jan. July 99 0 0 ■ Unchansed 3■.■;,-'JaB. 1920-40 Jan.-July 86.0 0,l Unehanged BANK RATES OF INTEEEST.. The Bank of England discount- rato' was reduced: on January 20, last from 4J per cent, to 3J per cent., and on February 10 to 3 per cent.' On March 17 it was raised to 4. por cent, on Juno 2 it u aa' rcduqed to 31 percent., and on" June 9 to 3 percent. On' September 29 it • was ' raised to- 4 per cent. Tho Bank .of. France rate was. reduced from 31 t0.3. per.cent, oh January 23. 1908, and-remains at the latter' figure.: The Imperial Bank of Germany on Janu; ary. 21 last lowered .its. rate from .5. per cent., and on, February 10 to 4, per cent. On September 26; the, rate was raised to' 5 per. cent.- ; , , .... '...■ , '. MARKET EATES .'.OF.' BISCOTJNI. . :. .--.The following, are: the market rates for best three-months'-bills:— ,' • . London .'■' Paris ' Berlin '.'■;, '■••■'■.- rate. ■■■"':■ rate; ".rate. . per cent.per cent, per cent.:. ■'■•' This-woek" .._..:..';31-16.: -2j •'•-.'.-33' '.-' Last,,,week-....;.,..:.39-16 '.- 23 -.-,.-. ■■• 4J-- ": ,■ Last year. ......,.:. 27-16 ' : 21, ..',-,; :3| -.. ;' ' COLONIAL; AND. OTHEE .PRODTJOE; •'' ] ...Wheat.—The markets arorfirm,.but inactive j, buyers are waiting,, and' holders aro hot pressing sales. The crop; news is uniformly Vgood;- in the Argentine, inferior wheat, is likety.-to bo -abundant/and isupe-! nor. and. sixpence per quarter.'- asked'for Australian,January-' . i'obruary. shipment; 38s'. 3d; for ; South' Aus•tralia- 365. New South Wales: September-October ship-/ mont, and '363. for South, Australian;parcels afloat."-' There "is little.- inquiry; for Australian:on. spot. - -There _ a good-de-mand' for New, Zealand tuscan'.wheat: for shipment.at~32s. .:.;...; ~•:;■•'.■,.:-.■;..:! •.',. . | Flour is flat and, unchanged. ; " '• .Oats.—New Zealand is ' in . small supply and unchanged.' La Plata, October-Novem-ber shipment,'l3s; 6d..: ■■'■ ■<■•' '.-.'■'. •' ■' :V • Butter-There.,, is. .'a steady ; ' demand. Danish, 117s. - to 119 a.;, choicest' Australian,. 112s. to 114s. and, occasionally H6s. r;-second-aries 'are' neglected. at.„6s.;to UOs;; unsalted, 1145.', and 1165., in exceptional .cases 118 a; ;,The quality of , tho hew. niako'ia generally, satisfactory.'.' - " :, Bradford Tops.-Tho market'is Quiet; 64'5, ; Id., 'lower,,.'at' 29d. por lb.;' super 60's,ii jd.' lower,-at-28d.; common ,60'5;:27d.; 66's,;'unchanged;:'at"24.d.;"60'B,- id.'lower; at-203d.;' •WV,ld; .lower at'l63d.; 40's, unchanged, at ,15d.:.;-,-Topmakors': are i offoring forward at lower figures ; :. ■'.H. l ,;' • ■-■■ -;-.- .•-,.,.. -.. ■..;;';-. .•.••.'.'■■ : '; '-'•' 'C-" : THE 1 METAIi;\MAUKETS. : :'C- -'::■] ,i Coppcr.i-On, spo't, : 205., at £55 'l7s! 6d. por ton; three, months. 22aV3d. higher, at £56 l 15s;-;-:-olectr61y.tic,-.'£58..10s.-: v .'..-.-'- ■'"■.-■ ■','.'■' '-'Tin,'forward delivery, ICs.; higher, at=_lsß 10s;; per tbn.;\..-'-. -, :"'.:, ..- - .' . •■'■-../■ .Pig-iron,' <d. highe'rrat' 49s'.' 2d. per ton:.' • Spelter,. ss.higher, atr£23; l*s. per' ton..

' LONDON WOOL'' SALES. ', : By Telograph-PrcßsAssociation-CopyrighC. - ' ■ London,' October -6. ; At the wool -sales- a good selection was offered, and ■ there- waß better competition. Prices generally'' wore on a par with those of the July series. The "Gear" clip made, up to 121 d, per lb., and averaged lljd.; "Maxwelton,"l3ld. ■and 12d. ■ - - ~ . 'SHAW, SAVILL, AND ALBION CO., LTD; , By Telegraph—Press Association—Copyright. (Eeo. October .7, 9.30 p.m.): , London, October ,7.. . The Shaw,, Savill, and Albion Company, Ltd., has declared, an. interim dividend of ss. on its',"_'.' Bhares. '■" CANTERBURY GRAIN MAEEET. : ""■ (By Telegraph.—Press Association.) Chrlstohuroh, October 7. The wheat market is still in a very quiet state, and .only a few lots aro chang--ing hands for shipping purposes, cither between: grower, and merchant, or between merchants. The demand is limited to those who have, not yet Ailed- .their requirements, ■ and beyond this no' business appears .to have been done. Sales ; have' been made of shipping parcels at, 3s. for Hunters and tuscan, and 25.:11d..f0r Hunters. Powl wheat has also been pur-' chased at-2s. 6d. at country: stations. . Oats are firmer, but very .few are/'offering, and. chaff has advanced ss. per ton; The continued, dry .weather is affecting the mand far both oats and ohaff. .Potntoeß' are firm at £7 10s., and supplies are scarce. l'ondon :. ; •; W'; ■ ifessre: Dalgety. and Company, report having received ,the following cabled advices from their. London, house ' under date October. 6:—Lamb:' Limited demand, market S.nh.: We quote;— New Zealand prime crossbred Canterbury, 5d.-per lb:; OanterbuTy, light,, ftd. per lb.; North Island heauy, 43d. per lb.; North .Island light, ■ 51d. per lb. Mutton: ■■ Limited dor mahd, .market firm. We ."quote:—New-Zea-land . prime. crossbred mutton, Canterbury heavy, 33d. per .'lb.; Canterbury light, 4Jd. per lb/ -North Island heavy, 33d. per lb.; North -Island light, 4d.-per : lb. -'Beef:Limited, market firm. We,quote:—; New-,.Zealand, prime ox- beef fores, 23d.'. per lb.j New Zealand .prime ox; beef-Mndß, 3id. per-lb.-" Frozen meat: Owing to;,con6umptire demand, .poor prices may. not.be. for .beef. -. Wool sales:' Third series, May 9, limit, if.any, to : be'-fixed later on. , "This "cancels the advices contained in.'our wire, of -yester- , day to the effect.that the numberj of,bales to :bo offered'Vas; unlimited, all arrivals up to iwithin eight days of sale,'being in-, eluded." ..Wool:. Sales continue with : Increasing, spirit, particularly so in, goodmerino' combing. '..:;'■.■.•'.:.■•.-,-" ■;•->;.--..,. '■'.; AEGENTiNBMEAT.' ('.";f(:..':/ . The Commerce '■ and'; Tourists 'Division of the Department.'of Agriculture, Commerce: and. .Tourists, .has- the ; following cablegram from. Buenos Ayres,' 1 dated Ootober 6,- 1910:—"The .following, shipments, of produce were.dispatched from. the j Argentine to: tho United" Kingdom, ports' during Boptembor, 1910:—127,566 ,. quarters;:-.frozen: beef, 147,153..-.■ Quarters , chilled-.'beef;. 211,889 .carcasses mutton;.'nil cwt. butter." ... ~;;:, .•.■;'-.f. : -''---/ ; ;, Wool,.skin, and hides sales',..'live stock sales,,.and mining .news;.will be found on. •page'l4. of-.this issue.': ', .-:'.' .'',,:;'.;