COMMERCIAL ITEMS.

Dominion, Volume 4, Issue 1141, 31 May 1911, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHAKES. No transactions in investment shares were recorded yesterday, and values were unchanged, except for Taranuki Petroleum shares, which wore slightly weaker. The buying and selling quotations were as under:— Buyers. Sellers £ 5 d. £ s d Bank New Zealand 11 15 0 1117 6 National Hank 5 19 0 - Wellington Investment .... 0 11 3 — Gisborno Gan 3 16 — Palmerston North Gas .... 815 0 9 0 0 Gear Meat (£4) - 14 0 0 Gear Meat (£1) - 3 10 0 Meat Export (525. 6d.) - 3 6 0 Union Hteam - 2 1 U Well. Woollen (ord.) - 4 2 0 Tnupiri Coal 110 - Wcstport Coal 18 6 19 3 Leyland-O'Urien 17 0 Miramar. Ltd - 0 2 6 15.7.. Dm? - 2 9 6 Kharland's Pref 14 0 Taranaki Petroleum 0 16 0 0 18 0 Taringauiutu Totara ... 2 9 0 210 0 Customs duty collected at the port, of Wellington yesterday amounted to £1831 Ms. 9d. TRADE IN ALLEN STBEET. Oats.—The market continues firm. A grade Gartons are now quoted at 2s. 6Jd., and A grade Sparrowbills 2s. 6d. per bushel, f.o.b. south; prime samples Dun oats have advanced to 3s. per bushel. Fowls' wheat—The market remains lira, the bulk now being sold being secondgrade milling wheat. The current quotation is 3s. 6d. to 3s. -7d., f.o.b. south. Fowls' barley.-There ics very little business doing in this, the demand being mostly for wheat and maize. ■ Maize.—A very good demand has set in. and fairly heavy sales are being made at 3s. 2d. to 3s. 3d., ex store, Wellington. Chaff.—Some really fine samples are coming in from the Wairarapa, and »re selling at £6 Es. per ton, sackr, in, whilst fair quality Marlborough chaff is making £6 per ton. ' Partridge peas-Only a. hand-to-mouth business is doing, current values being 46. 6d. to 4s. 9d. Prussian blue peas are in exceedingly short supply. Flour continues at £8 10.=. per ton, f.o.b. south, less the usual discounts. Rice Fldur.-Fair sales are being made at £6 per ton. Bice meal is ruling at £5 per ton. Bran is now quoted at £4 lCs. and pollard at £6, f.o.b. south. Potatoes.—Southland growers are holding for much higher'rates than are offered f.o.b. Lyttelton, - consequently ■ the bulk of the trade is focused in the Canterbury district. *■ Onions.—The market is well supplied with Victorian and New Zealand-grown, and prices are without alteration. Eolled Oats.—The Crown Milling Company, still maintains the price at Bs. 6d. per dozen 41b. bags, less the usual discount. Butter.—The market is strong; prime milled in bulk is selling at ICJd. to lid. per lb. Cheese—Only moderate : stocks are held by the various merchants. Host factory cheese, medium size, is quoted at 6d. to 61d., with loaf ruling at 63d. Eggs.—Frcth eggs are in .'excellent demand at. Is. LCd: to 2s. per doicn for willknown brands, whilst preserved are dull of sale at Is. 2d. per doz. Bacon and Hams.—The demand continues good. Sides 73d., rolls and hams B>d. Poultry.—Hens, 3s. to 3s. 6d.; cockerels, 2s. 6d. to 45.; ducks. ss. to 65.; turkey gobblers, Bd. to 9n\ nor lb. live weight; hens, 6d. to 7d. All classes of poultry are in good demand. Vegetables.—Clbbagcs are ruling at 4s. to fa. 6d. per ?ack; cauliflowers of choice quality range from Bs. to 9s. 6d.; carrots and parsnina are easier, and are now quoted at 2s. Gd. to 3s. 6d. per sack; swedes arc bringing 2.'. to 2s. 6d. per cwt.; pumpkins, 3s. 6d. to 4s. 6d., and marrows 2s. 6d. to 3s. Fruit.—The bulk of the bunches of bananas per s.s. Navua arrived in an overripe condition, ar.d a larco number consisted merely of stocks. Choice case bananas realised 7e. to 95.. and for sound bunches 3s. to 4s. was obtained. The Aoraugi J3 due from Sydney with about 500 packages for this market. Fairly heavy shipments of Port Albert apples, mostly Doughertys, have been marketed during the week, choice nnality ranging from ?s. to 10s. per case. Cookine anDles have declined in value: Erps's Scedlinee arc now realising 45.-to 4s. 6d.. other varieties range from ss. to 6s. Hobart pears in half ca6es realise 4s. 9d. to ss. 6d. for prime nuality. Regular weekly shipments of lemons are now coming from Adelaide, and the quality leaves nothing to be desired ; the prices range from 10s. to. 11s. per case. ' ■ - ■' •■'■' '' WHEAT AND FLOUR. By Telegraph-Press Association-Copyrlelit London, May 29. The wheat and flour afloat for the United Kingdom totals 3,485,000 quarters; for the Continent. 3.715,0r0 quarters; Atlantic shipments, 240,ffi0. The total shipments to Eiirono during the week amounted to 1.465.C00 quarters, includine 180,000 from Argentina, 66S.CP0 Russian. 110,000 Danubian, 120.0C0 from India, and 80,000 from Australasia. (Rcc. May 30, 10.40 p.m.) London, May 30. Wheat—An Australian cargo has been Gold at 355. SILVER. 3y Telegraph—Pcess Association-CopyrieV. London, May 29. Bar silver is quoted at 24Jd. per ounce. LONDON MEAT MARKET. (By Telesrapji.—Pres3 Association.! Cliristchurch, May 30. Tho British and New Zealand Meat Company have received the • following cable message from London:—Mutton, prime Canterbury, 3|d.; North Island, 3Jd. to 33d. Lamb, prime Canterbury, <id. to 4Jd.; North Island, 'id. to 4Jd. Beef, hinds, 33d.; fores, 28d., THE METAL MARKETS. By Telcgrj.nh—l'ress Association—Copyright (Rec. May 30, 9.20 p.m.) London, May 30. Copper.-On spot, £55; three months, £55 12s. 6d. Tin.-On spot, £202; three months, £188. Lead.—£l3 le. 3d. TARANAKI. PETROLEUM. In answer to a question as to whether the £2000 lodged with the Hank of New Zealand at London (as reported by cable) was a deposit ou account of a straight-out sale, or for an option, the Wellington Stock Exchange has received in reply the following message from the Taranaki Petroleum Company:—"Deposit paid for option six months." GRAIN AND PEODCCE. (By TelerrapU.-Press Association.! Chrlstchurch, May 30. The local wheat market in very quiet, there being but little offering by growers and only a few sales have lately been made at. 3s. 3d. and os. Id. at country stations. The dull state of the home market prevents any active inquiry being made for wheat at present. It is reported that a vessel is loading flour at Adelaide for Auckland. There is nothing doing in oats, but a larger turnover in chaff ia taking place, the price ftill being 85s. on trucks. The northern markets now being more clear of potatoes, there is a, better demand for shipment and the price is a shade firmer, 655. to 675. 6d. at country stations being offered. As tho main crop ie now in the pit, growers are not offering very