COMMERCIAL ITEMS.

Dominion, Volume 4, Issue 1175, 10 July 1911, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHARES. The sales recorded on Saturday were: Cnioii Steam at 41s. 9d., Wellington Woollen, ord'nary, Bis., and N.Z. Drug, at 495. 3d. The buying and Quotations wero as under:— Buyers. Eellcra £ s. d. £ s. d National Bank 6 0 6 - National Mortgage o 8 6 — N.Z. and River Plato ... - 2 2 0 Well. Deposit : - ' ° 8 6 Christchurch Gas .: 9 la 0 — Meat, Export (525. 6d.) - " 6 6 S.B. Insurance 3W ° ~- „ N.Z. Shipping 11 12 6 '? 9 Well. Woollon (ord.) - " ' " Well. Woollen (pref.) 3 10 - Westport Coal 13 3 Leyland-O'Bricn 1 ' 3 . ~Z , Hannint: and Co - \\ \ n! papfr sir:: ji o 115 Sharland's Preference. ... 15 6 i.l , Tarannki Petroleum - i « , T.-iringamutu Totara 2 6 0 I s i Whitconibe and Tombs .:. 67 0 • - LONDON WOOL SALES. The London wool fates besin to-morrow evening at the Wool Exchange, Colemar, Street, when a tetal of 175.5C0 bales will bD available. At the corresponding sales ■last yoar 155,010 bales were available, so that a. great deal morn wool will be offering at the approaching sale tli.m was the case a year aco. The prospects arc far from encouraging: the wool com tiers' strike lias bad .a depressing "Kfand there are other indications that the industry is not as active as it was, especially on the Continent. At the Antwerp wool s-iles both merinos and crop.-bredr, declined, .and.as tbo new..European chpi-s now coming on the market, it conrtitmra another disturbing factor. If the reports on Wednesday announce a decline of 5 per cent, to 7J per cent, in crossbred wool, the trade hero will not bo surprised. According to Windcler and Co.'s wool report, the prices ruling for New Zealand wool at the May sales were as under:— d. d. Scoured, good 21 to 22 Scoured, average- mto 19) Greasy, superior IZJ to 134 ; Greasy, average to g00d... 10 to 11, .Greasy, inferior 85to 9s Greasy crossbred, lino 14 to 111 Greasy crossbred, average 10 to 11 Greas'v cro'-sbred, low Bito 9J Greasy crossbred, lambs ... 10 to lOi : Slipe, halfbrcd 14 to 15 Slip:, Lincohi ■ 105 to 111 TUB CO-OPERATIVE ASSTJPAXCE CO. Tho prospectus of the Co-operative Assurance Company, Limited, will be found in this iMue. The capital of tho company H £250,CC0, divided into 500.C00 shares of 11*. each, of which 300.000 are offered for 'subscription, ICO.OCO each in New South Wales, Tasmania, and New Zealand; 60CO fully-paid shares are to b= allotted to the promoters, and 194,000 shares held in reserve. The company is being formed to transact or procure the business ot improved industrial insurance, ordinary Me assurance, fire insurance, personal accident, and sickness, plate-class, burglary, employers' liability, workers' compensation, fidelity guarantee, and in addition will establish a house-purchase system. which has been very successful all over the United Kingdom. Its objects are the rnisinc of a- fund by the payment of subscriptions or contributions by its members, and the application.of such funds.in ar-fiisting its members to obtain freehold (or leasehold) property, or in the making of loans or advances to its members, and _ others upon approved security, with periodical repayment of principal and interest by instalments, with or without insurance features combined. The promoters of the company are Mrs. James S. Inch, manager in Tasmania, of the National Mutual Life, and Mr. James..Edward, Stokes, who is • also a very successful insurance man. The Wellington brokers are' Messrs. W. 11. Turnbull and Co., and Messrs. Trwin and Georrre, from whom all particulars can bo obtained. NEW ZEALAND EXPORTS. Tho exports of New Zealand products for the month of June, according to tho-leaf-let issued by the Commerce Department, were valued at. .£1,038,173. as compared with £1,i|94,587 for Juno, 1910, and showing a decrease of £456,414. For the twelve months ended June 30 last the exports totalled £18,993,695, as compared with £20.4<0,£37 for the previous year, the dtcToar-e being £1,456,952. The values of the various commo..ditke exported during last month compared with the figures for June, 1910, ehow us under:— June, 1911. June, 1910. £ £ flutter 7,855 9X63 Cheese 39,708 62,525 Eccf • 27,073 126,470 ' Mutton 101,427 154.357 Legs and pieces 4,947 8,834 Lamb 200.964 314,273 Wheat 39,116 14.351 Oats ■ 997 1,532 Potatoes ■ 838 312 N.Z. hemp 9,980 20,238 llabbits 583 6,438 Tow : 1,309 3,855 Kauri gum 48,367 38,845 Grain and pulso 8,650 13,147 Hops 136 1,325 Hides 19,634 29995 Skins 67,567 84,066 Tallow 59,871 100,575 Timber 32,272 38,363 Wool 260,1.36 341,493 . Gold 96,435 105,003 1,038,173 1^194,567 CUSTOMS. Tho Customs revenue collected at the port o>l Wellington o= Saturday totalled £1900 199. 2d.. the. total ft-r tho week being £21,443 18s. 6d. The returns for the past eicht weeks, compared with the. figures for tho corresponding period of last year, show as under:— 1911. 1910. .6 £ May 20' 14.954 15.319 May 27 13,011 11,601 June 3 ' .• 16/60 12,578 • .lunc 10 9,164 8.3C6 , Juno 17 15,570 15/82 Juno 24 9,565 9.578 July 1 9,093 17,4.54 July 8 21,4 m 10,250 109,263 100,543 The beer duty for the week amounted to £205 te.. as against. £214 7s. for the corresnoudiug week of last year. LONDON MARKETS. By Telezrapu—Press Aseociation-Copyriirht (Rcc. July 9, 5.5 p.m.) London! July 8. i Copra is dull. South Sea, in bags, £22 15.5. per ton. Cotton. July-August shipment, is auotcd at 7.61111. Mr lb. . Rubber.—Fine hard Para rubber is quoted at 4s. 3d. per lb. METAL MAEKETS. fiy Teleeraph—Press Associalkm-Cosyrlsh) (Ecc. July 9. 5.5 p.m.) ! London, July 3. Conner, on spot, £56 15s. per ton; three months. £59 6s. 3d. Tin.—Cash, tales, £195 per ton. Lrad. soft foreign, £13 6s. 3d. pct ton. Silver—Bar silver is tjuotcd at 243 d. nor ounce standard. WHEAT. Bj Telesrapb- 'Press Association—Cogvricht London, July 7. The American visible supply of wlfnat cast of the Itockies is estimated at 38,066,000 bushels. DUNLOP EUHBER COMPANY. Melbourne, July 8. Meetings of shareholders of the Duiilop Rubber Company have approved r. reconstruction scheme, with a- viow to iucreasin? tlie company's capital. The chairman ftated that the company had made substantial prosre-s, and the business had increased very largely.

OIt.UX AM) I'KOnUCK. (lij Telcsrapli.-rrebs Association.} Oamarii, July X A little wheat has changed hand!! thi.i week. Imt iHi-.-inoss is .Mill flow. 11:1 fanners arc asking hislici , iiricos thi'i buyers are wepare'l to cive. I-'or parcels :it country r-tatior.:-, $■>. 3d. ret hap b-:nn paid, whil" files, ex -tore, havo been made at 3?. £(!.. lesri commission. Potatoes continue to move ntT s'.owly. anrl values hive inclined. ,C 3 no*, on trucks hwu His best price goins. FEIMUXG JIAKKKT REPORT. Messrs. A. H. Atkinsou and Co.. Ltd.. sold ou Friilr.v some 150 hr.'.il of poultry,at a considerable rise all round on late values". lii pism. of which there was a. bister yardina than usual, ther-.> was also a keen' market, and prices made wore ahead of aiiythinK coins for soma considerable time. A larirc ouar.tity of general produce was marketed, including some tons of carrots, which found ready sale at fc. 6d. to ss. per bar. No change in cruin price;. Potatoes were slow of sale at lsss values tha.i earlier in the year. We quote:~-l'ot:itotf. 7a. da. to lCj. ptr bas; Cr>po barley, 35.-sd. to 3s. 6d. bushel; wheat. <s. 5(1. 30!b.; ryegrass seed, ss. 6d.; carrote. 4s. 6d. to ss. bag: parsnips. 2s. 9d. to 3?. 6(1.; pic potatoes ,3s. to 3s. 6d.; gooseberry and currant trees, 3s. 6d. dozen: pumpkins, ss. to 6d. sack; marrows, 3s. 6d. to 45.; onions, 7s. to 8?. cwt.; Stunner apples, 6s. Cd. to 7s. 3d. half-case; small casss, 4s. 6d. to 55.; orniiECs, 3s. to 3s. 6rt.; bananas, 2s. 3d. to 2s. 6d.; cauliflowers, M. to Is. small bags; chaff. £G per ton Poultry (per pair.i, hens, z<. 3d., os., 3s. 6d.. 4s. to <s. 6d.; pullets, 3s. 6d. to 4s. 9d.; cockerels, 3=., 3~. 3(1., 3s. 6d. to' 4-.; rocsUT3, to is. 9d.; ducks. 4s.ta 4s. 6d.; geese, &.-.; turkeys, Bs., 125., to 135.6 d. Piss: Slips, 5r,., 75., 9s. 6(1. to 11s.; small stores, ?■•. 6d. to 12.; medium 15s. to 16?.; good, to 245.; (no porkers yarded); sows, 30s. to £"*.: harness and ceneral sundries made good values.. ■