COMMERCIAL.

Dominion, Volume 4, Issue 963, 2 November 1910, Page 5

COMMERCIAL.

INVESTMENT SHARES. Sales of New Zealand Shipping at £10 35., and Now Zealand Paper Mills at 235. 9d., were the only transactions in investment shares recorded yesterday. The Quotations were-as under:— Bayers. Sellers. Sales £ e.d. £ "g.tL £ i.d. National Bank 5 13 0 * 5.16 0 — N.Z. Loan and • Mercantile 010 0 — — N.Z. and. River Plate - — 2 i 0 - — Well. Trust & Loan 710 0 — — Well. Deposit — 0 8 6 — Ohristchurch Gas... 912 6 — — ! Feilding: Gas —'1 2 3 — • Well. Gas (new) .... — 210 0 . — Standard-Insurance — -1 — Ohristchurch Meat 14 7 6 — .— Gear Meat (£1) ... 3 2:6 ... — Meat Export (525. 6d.) .340 N.Z. Shipping — — 10 3 0 Well. Woollen (ord.) 314 0 316 0 — Wen. Woollen (pref.) 216 0 — —. • Taupiri Coal 019 3 — — Wcstport Ooai 6 7 6 — — Manning and C 0.... 4 2 0 — — N.Z. Con. Dental ... 1 1 6 12 3 — N.Z. Drug - 211 0 — N.Z. Paper Mills .13 6 . - 13 9 Tarana.ki Petroleum — .010 0 — Taringamutu Totara 2 3. 0' 2 4 0 — Ward, and Co. ...... 50 0 5 4 6 . —

PRODUCE PRICES. A comparison of the price quotations for periods twelve' months apart reveal some striking changes. Practically every com* modity is lower in price, the only exception being Bradford Tops and frozen lamb. The following taWe will-be found interesting:— Oct 1910. Oct. 1909. . . £ a., d. .£,B. d. Wheat, on spot 118 0 2 3 0 Flour, on spot 17 0- I'9'o Oats, La Plata ; 13 0■: 14 4J Butter, New Zealand 512 0 517 0 Butter, Australian s'B 0. 514 0 Butter, Danish 516 0 >6 8 0 Sugar. German 8 10 11. 8 Hemp, on spot 24 10 0 27 10 0 Kauri gum 8 5 0 810 0 . Mutton— d. d. Canterbury 41 43 • North Island 4 • 41 LambCanterbury '• 53 4J North Island .. •5$ 4* Beef— • - Hinds 31 3|' Fores • 2J -3 Forties, Tops 14 12J . Forty-sixes 153. 15 . Sixties, common ; 27 25J Sixties, super 28 26i - Sixty-four's 28$. 27i The figures are well worth close study, for_ they reveal the new trend of economic conditions.

Customs revenue collected at the port of "Wellington yesterday amounted -to • £5675 14s. 6d. TRADE IN ALLEN STBEET. Bran.—Owing to several mills having closed down for overhaul, supplies' are somewhat scarce, and the price has advanced to £4 per ton, f.o.b. south.Pollard is offered at £5 per ton,' f.o.b. smth. • .•lour is without any change; the quotation current locally for sacks is £9 ss. 6d. per ton. Fowls' Wheat.—A fair business is being done, but there is no change ;in values. Oats.—'Tho market continues strong; locally. the quotation is 2s. 6d. ,to 2s. fld. per bushel. , . Butter.—Supplies are now more plentiful ; prime milled in . bulk is in fair demand at 9Jd. to lOd. per lb. • Cheese.—New season's cheese is Belling freely ,at about fid. ger. lb. Eggs.—The market is well supplied with fresh eggs, the prices current being IOJd. to lid. per dozen.

Fungus is in strong demand at ssd. for prime dry. The current quotations are: Hens, 3s. 6d. to 4s. 6d. a pair; young roosters,- 4s. to 6e.; ducks, ss. to 65.; turkey gobblers, lGd. per lb. live weight; turkey hens,- Bd.

Vegetables.—Owing .to heavy supplies of cabbages values- have eased, the. current quotation being Is; to 3s. per sack; prime quality cauliflowers make from fls. to. 9s. per sack; .choice-grade .green. peas , range from 9d. to Is. a. peck; new potatoes are in good demand at sd. .to 4d. for choice quality; rhubarb is in exceptionally heavy supply, and prices now range from 2s, to 4s. per dozer. Tomatoes, from Nelson, Auckland, and Hutt districts, are coming forward more' freely, and prices range from\lod. to Is. 2d.' per "lb. ' Fruit.—Only, a very small shipment is expectedifrom';Sydney -to-day;.this iB due to growers''being 'unable'" to .obtain the necessary certificates owing to the ravages of the fly. The TJlimaroa, from Hobart, landed about 2000 cases of apples on Friday last, arid very low prices were realised.

WHEAT AND' FLOUB. * By Telegraph—Press Association—Copyright. London, October 31. • Th©_ wheat and flour afloat for the United Kingdom totals 2,660,CC0 quarters; for the Continent, 2tf7s' J ooo quarters; Atlantic shipments, 254,000; Pacific' shipments, 45,000.- Th© total shipments -to Europe during the week amounted to 1,775,000 quarters, including, 60,000 from Argentina, 870,000 from Eussia, 255,000 from Danubian districts, 62,000 from India, and 95,000 from Australasia. ' . SILVEE. By Telegraph—Press Association-Copyright London,- October'3l. Silver is quoted at 25 13-16 d. per ounce. THE METAL ' MARKETS. By Telegraph—Press Association—Copyright. . (Eec. November 1, 9JSO p.m.) London, November 1. Copper.—On spot, £57 per ton; three months', £58 Is. 3d. Tin.—On ■ spot, £167 •. per. ton; three months', £167 ss. per toe. Lead, £13 ss. per ton. ;

GBAIN AND PEODUOE. • IBy Telegraph.-Press Association'.! Chrlstchurch, November 1, There is 6till only a small- amount of business passing in wheat. Host of the stores in town are now. cleared of. stocks of grain, and farmers who are holding wheat are less anxious than before to sell in view of the extremely dry season that is being experienced. The only buyers are shippers who have space' to fill in the last two steamers that have been arranged for to take wheat at a low freight. No sales of any consequence are reported, and 3s. to 3s. Id. are the best prices offered for good to prime - wheat. Oats are still very; firm, but tiic recent advance in prices has reduced the demand from the North. Island. A line of ICOO bushels of B grade Oartons has -been purchased at Is. lid. at a 2d. station. For local consumption there are very few oats' offering, and in view of the scarcity of feed in some-of the . country districts the supplies for outside orders is limited.

Potatoes are still dearer, and some mer-. chants have.had .to give up to £10 per ton for Derwente at country stations. They-are mostly odd lots of a few bags that are now being offered, and the market is almost over for the season.