COMMERCIAL ITEMS.

Dominion, Volume 4, Issue 1183, 19 July 1911, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHARES. Sales of investment shaves recorded yesterday were:—Wellington Trust and Loan at £7 lis., Wellington Wooilon ordinary at £4, and Leyland O'Brien Timber at 28s. 6d. The buying and sollincr quotations vrcro as under:—

ae uuuei ; — Buyers. Sellers £ 3. d. £ s. d Union Bank 67 0 0 - Equitable Building — 916 0 National Mortgage 3 8 6 — N.Z. Loan and Jlcr - 0 18 0 Well. Investment 0 11 9 - ChristchurcU Gas 9 15 6 — Well. Gas (new,issue) ... — 3 5 0 Standard Insurance- 110 0 — Meat Export (£5) 6 5 0 - Meat Kxport (hie. 6d.) - 3 5 6 N.Z. Shipping , - 1113 0 Well. Woollen (pref.) — 3 3 0 Taupiri Goal — 12 0 Kauri Timber — 0 16 9 Loyland-O'Brien 18 3 — New Zealand Drug 2 9 3 — N.Z. Paper.Mills - 119 Taranaki Petroleum ;.... 0 16 6 0 17 0 Tariugnmutu Tniara 2 6 0 2 8 0 Well. Opera, Houso — 7 5 0

AUSTRALIAN CONDITIONS. According to Australian files the past half-year has been ono of tho most active in tho history of business in Australia for many yoars past, both importers and manufacturers having experienced an exceptionally active demand for practically all classes of commodities. This prosperous state of affairs has been duo entirely to tho good season 1 following upon previous good seasons. Australia had a fine wool clip, ar.d, although the.increase was not up to expectations, tho proceeds from tho sale of wool were again very largo. Thoro was also a good wheat crop, and wheatgrowers havo done very well, notwithstanding a lower rango of values. Ono of t-lio most striking developments has been the increase in tho butter export trad-?. I.ho shipments from the Commonwealth to the United Kingdom alono for the past twelve months amounting to 45,716 tons, as against 29,767 tons in tho previous season. All classes of primary producers havo thus received ample fund.?, tho outlay of which in fresh expenditure has been cncouraeed by the autumn rainfall, 'which has given an excellent opening for the 1911-12 season.

Customs duty collected at the port of Wellington yesterday amounted to £2433 17s. ■ TIiADE IN ALLEN STREET. Flour continues at £8 10s. per f.o.b.'south, less the usual discounts. Bran is steady, at £5 10s, per ton ex store. Itice-mcal is selling at £5 per ton, and rice-flour at £6. Oats are without quotable change. "A" grade Gartons, 2s. 7Jd., and "A" grade sparrowbills, at 2s. 7d. per bushel, f.o.b. south. Fowls' wheat is in steady demand, at 4s. to "Is. Id. per bushel ex store. Maize is without change, at 3s. 3d. to 3s. 4d. per bushel ex store. Onions.—Victorian grown, £5 to £5 10s. per ton; New Zealand grown, £4 to £4 10s. Potatoes, seed, £6 to £7 per ton; prime table potatoes are slightly easier, at £4 ss. to £4 17s. 6d. Billed Straw.—Primo wheaten, £2 15s. to £3 per ton. Baled Hay.—Primo ' nuality, £4 10s. per ton; choice. £5 to £5 Ills. Poultry.—Hensi 3s. to 4s. a. pair: cockerels, 3j. to 55.; ducks, 4s. 6d. to 65.; turkey gobblers, 7d. to Bd. per lb. live-weitfht; hcn3, 6d. to 7d. Tlacon and hams are without change. Sides, fid. per lb.: rolls. 83d.; hams, 9d. Lard in bulk, Bd. per lb.; in one pound pats, Bid. Margarine continues In steady demand, nt 85d. to 9d, per lb. for Australian made, in bulk. Eggs have again declined, and fresh eggs are now quoted at Is. 2d. to Is. 3d. per dozen, with preserved at 12»d. Cheese meets with a steady demand, and prices aro unchanged. Butter continues in short supply, and prime bulk is worth Is. 2d. to Is. 3d. per lb. Fruit—The Moeraki is duo from Sydney to-day with tho regular weekly consignment of oranges, pince.onles, passion friiit, etc. The Navua from Fiji is expected to reach port on Friday, and her consignment consists almost entirely of bunches and cases of bananas. Dosscrt apples, choice coloured, 9s. to 10s. 6d.: Stunners, primo quality, Bs. to 95.; good, 6?. to 7s. 6d.; cooking apples, prime green, ss. to 6s.

Vegetables.—Caulillowcrs arc slightly easier. add arc quoted at lis. to 17s. according to quality; cabbages make from 6s. to 10s. for prime quality; carrots, 4s. to 52,;

parsnips, 3s. 6(1. to 55.; swedes. Is. Gil. per cwt.; pumpkins, ss. to 65.; marrows, 6s. to 64 .6d. LONDON WOOL SALES. Gr TolccraDli—Press Association—Copyricht London, July 17. At tho wool sales good merinos sold exceedingly well. Crossbrcds were unchanged. lICSSTS. Abraham and Williams, Ltd., have received the following advice under dato July 17:—Tho market for all greasy wools is firm, and the decline recorded at the opening of tho sales has been recovered. FROZEN MEAT. (By Telegraph.—Press Association.! CHristchurch, July 18. The British-New Zealand Meat Company has received the following London cablegram Mutton.—Canterbury, 3>d. to 4d.; North Island, 3Jd. to 33d. Lamb.—Canterbury, 41d. to 5 I-1E0.: North Island, 4*d. to sd. Beef.—Hinds, 33d; fores "id. OtTB IMPORTS FROM KO3TK. Tho following is a return ot tho principal lines ot goods of British manufacture exported to Ncv; Zealand during tho month of May. 1911; also for tho fivo months ending May 31, with figures for 1910 sliown for purposes of comparison. Compiled from, the Board of Trade returns:—

GRAIN AND PRODUCE. (By Telegrapli—Press Association.) Chrlstchurch, July 13. The exports of wlioat for this season mado up to date give a total of 924,C'-0 bushels, and if, as some consider, the Government s estimate of the averago yield is at least two bushels too high, the exportable surplus of this season's crop must bo nearly exhausted. The shipments, however, include some of last year's grain, of which there must havo been a" considerable carry over. Thoro is very little business doing in wheat, tho inquiry that was manifest last week having eased off. Oats are without change. Except for local consumption, there is no movement'in chaff.

The potato markot is dull in consequence of the heavy supplies having gone forward to the northern markets. The best price is now 5Cs. at country stations, at which figure there arc some sellers. PROPERTY SALE.' Messrs. Dalgety and Co., Ltd., Wollinston, report having sold the following Otaki properties during the past few days to Messrs. Monckton and Addington, of Otaki, at satisfactory pricea, viz.:—4oo acres on account of Mr. 11. C. Watson; 267 acres on account of Mr. H. D. Bayliss; and 100 acres on account of Mrs. Small. MINING NEWS. WELLINGTON SHARE MARKET. Tho sharp fall in New Sylvia is partly accounted for by the fact that tho statement that tho battery had started operations on "Monday was only a rumour. It is now reported that work will bo started this week. The market was exceedingly dull yesterday, tho sales recorded being as under :— New Bte River, . 7Cs. (first call). Now Sylvia, 3s. Bd., 3s. Bd., ss. Bd. (second call); 3s. Sd. (third call). Tairua Mines, 2s. 5d., 2s. sd. (first call). Waihi Grand Junction, 275. 9d. (third call). Tho buying and selling quotations were as under:—

I STOCK EXCHANGE. • ißr TcieErapn—Press Association.! Auckland, July 18. Business done on 'Change:— May Queen, 2s. 4d. Juajnot, 3id. New Sylvia. 3s. Bd., 3s. 7d. Saxon. 2.i. sd. Yfaitansi. 3s. 4d. Tairua .'lines, 2s. <d., 2s. sd. Zeehan Con., lid. JTanralu Con., 7il. Crown, 2s. "id., 2s. sd. Waihi, £3 4s. Grand Junction, £1 7s. 6d. Wilson's Cement, ord., £1 19s. The following business was done at the 3.15 p.m. call:— Moanataari. 6d. Occidental Consolidated, Id. Zeohan Consolidated, Id. Nov.- Zealand Crown, 3s. Id., 3s. Now Magnet, 4rt„ 4ld. New Sylvia, 3s. 7d. Saxon, 2s. sd. Duncdin, July 18. Stock Exchange sales:— • New Sylvia, 3s. Bd. Sales reported:— National Bank, £6 Is. 9d„ £6 Is. Gd.

MINING IN FIJI. (By Telegraph—Press Association.) Auckland, July 18. 3lr. X. D. Cochrane, mining adviser to tho Fiji Government, returned to Australia last night, liavizg completed liis work, 110 states that prospecting has almost ccasad, but lie ,is hopeful of better results when the lodea have been tested in depth. 3lr. Cochrane proceeds to Wellington by to-nis;lit'a express. TALISMAN SHAKES. By Telesrapb—J.'ress Association—Copyrizht London, July 17. Talisman shares are o.uotcd at 475. 6d. to 525. 6d. ___________

Month ending Five months iMay 31 ending May 31. j 1910. 1911. 1910. 1911. Beer and ale 816 3,082 12,844 17,296 Spirits 21,846 13,013 94,266 92,303 Iron and steel and manufactures thereof 64,818 90,674 384,641 504,163 Copper, wrought or manufactured 2,348 4,690 11,146 21,411 Cutlery ■ 2,351 2.5E0 12,250 14,547 Hardware 7,079 10,470 42,397 60.782 Cotton, piece coods of all kinds 48,800 44.3S1 245,617 273,042 Woollen and woritcd manufactures 23,044 34,645 136,779 199,319 naberdashory and millinery 3,101 2,717 22,087 22,777 Jute manufactures 1,819 .5,075 12,316 18,957 Linen, piece goods of all kinds 6,020 8,138 38,417 43,479 Apparel 17,369 20,310 187,159 234,548 Uoots end shoes 4,859 6,202 64,426 83,947 Saddlery and harness 1,742 1,657 12,338 16,129 Eanlicnwaro and glass ... 4,24+ 8,345 32,608. 48,07? Writing and printing paper ... 6,530 12,959 46,969 65.6*2 Cement 1,556 2,082 . 8,381 11,531 stationery,other than paper... 2,975 4,343 15,210 18.538

as uuuci.— Buyers. Sellera £ 9 d. . £ .«. d Blnclcirater — 18 9 Bonanza 0 0 2 — Cod. Goltlflelds - 10 6 Kuranui Caledonian — 0 15 May Oncen 0 2 4 0 2 5 Now Bis River 3 17 6 10 0 Now Sylvia. 0 3 6 0 3 8 Saxon 0 2 4 0 2 5 Tairurv Mines 0 2 4 0 2 5 Talisman 2 10 9 2 11 3 Waihi 3 3 6 3 4 3 Vv'aihi Grand Junction ... 1 7 6 18 0 Vv'aitangi 0 3 3 0 3 5 Watchman - 0 2 0 Wafhi-Paeroa 0 12 3 - I Hogs - »!» Mystery Flat - 0 7 6