COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1298, 29 November 1911, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHARES. There were no transactions in inTOftment shares yesterday. The huying and selling quotations were as under:— Buyer.i. tellers. £ s. d. £ s.d. TTell. Investment ft 11 6 — Feildinsr Gas I' 2 3 Well. Gas ipref.) 0: 2 10 — National Insurance 1 18. 5 Meat, Kxport, (£4) — 500 Meat' Export 1525. 6d.) — J I) 0 X.Z Shipping — 11 11 0 Tiiiion Steam 3 .0 fi — Mannine and Co 3 19 0 — Sharland's ordinary — 110 Sharland's preference .... — I 4-0. Taringsmntu Totara — 1 10 0 Ward and Go 5 0 0 . — TVhitcombc aud Tombs ... — 6 13 6 THE OIL. ISbtiSTRT. .The suggestion that the oil industry of New Zealand should be nationalised hiis' emanated from many of the Parliamentary candidates, who appear to have little or no knowledge of the subject.. Mr. Engel. the London representative of the Shell Transport- and Oil Company, who is now in New XeaJand. Dut.s a- different complexion on this subject. To an interviewer he stated that no monopoly could cyist in thr production of oil. Unlike, r.oal and gold, oil could not hp mined iu sma,ll quantities.. Even' if possible, it would not be profitable. Wi.th coal and .pold they epuld tret' a realised value for their output. but it wa.s not so in tlic. rase of oil won. It would never nay small men to operate on n, small Held, because when the oil was produced there would be 110 market- for it. New Zealand, on account or its small populatiou. only provided a limited market, so that the small producer would need to look beyorid the Dominion for purchasers ,'bf his product. Any attempt to start an .export • trade would mean entering into competition with companies of long standing, .who had socnt millions in perfecting their organisation. Customs duly collected tit the port or Wellington yesterday amounted to JEWS 105.'5 d- . IN ALLEN" ST.I'EKT. I'rnit.—Tho L'limaroa, due Irom Sydney to-day, is bringing only a sm.-ill shipment of mandarines oranges, lemons, and cherrics. Southern-grown clierrie* have appeared on the market during the wecK. Jfcavy shipments of strawberries are reaching the market almost daily from the Molueka. disirii-t. .\urkland-grown strawberries are in light supply. The South Australian orange? which ca.mc to baud 011 Friday were landed in a more or less' damaged condition. Vegetables.—Green peas are coming forward in murih larger quantities, and only moderate prices are obtainable. Cabbages are now bringing 05. to ss. per sack; rots continue in good demand. Tbe markel is heavily supplied wirb n n w potatoes, and prices range from Sr. 10 7s. per cwt., according to tlic locality from which they are received. 1 Onions.-Mo Calilornian ouiow are avail*

able, consequently buyer* are Itirown tnrk oil- Vieiorin.n pieun. Tbe new Australian erop will be mailable ill about a ("rt "Vild 'potatoes are olfering at 10?. tn .'O?., and rae-t villi very lit'le imiuiry. :• iro Hour iii :-u moderate reriuesl at J-> JO?, per , , i 1 n (~1 Krn.ii :mhl pollard have en sod iiboul «p. M. P Klot?r'eonLinue? at. Xt of. 6(1. per ton, ej. Xlip™ B arr in request a. 9s. 6-1. to meal at Xlf> to Xl 5 Ids. per '"o.ils.—"A" L-raile tlarlons are quoleil n.t 3s. Bii. to 3s. 9(1. tier bushel, with "It" [trade a halfpenny less. .... , i„ Fowls' whe.it.- - A good Irale m passim; lit this line al '!s. sil. to 4?. Gd. per luishel lor ■ S'-eri varieliet:, 6?. 3d. ifl 6s. Gd. per bushel,'whilst feed maize is selling at 3s. "rape iiarle'v is dull of fate al 3s. Cd. ro.vis' barley is selling at 3s. 3d. o 3s. <d. Haled straw has good inquiry n.t £j !ts. Clover hav is in light supply, and is gcllilt- at £6 <'S. to £6 1 0». [lain- and bacon ha,ve advanceil. and are now quoted:-Siiles 9d„ hams 9Jd„ win. c-s a-re moving more freely, todaVa'valife being■ IM. pel- dozen. Butter.—Prime milled butter is making '"cheese!—licit factory, medium size, 6.|d., '"'Margarine is dull of sale at 81d. . Voultrv.-Shinncrs are adTised to market their poultry as early us » sible to avoid the congestion and market, =lump which usua'lv takes placo just before Christinas. The current ououtioni. arc:—Hens, 3s. to 45.: cockerels, Js. to *?.; ducks "6s. to 65.; geese, 6s. 6d. lo 7s. 6d. per nai-r. Turkey gobblers. Bd. to 9(1. per lb., live weight; hens, 6d, to 7d. - SILVER. Ry TeleeraDh—Press Association—Copynffht London, November 2'. nax silver is quoted at 25 11-16 d. pcrotuice standard. The lirst truck of new season's wheat was sold in Sydney for 3s. lOd. per bushel. CANTERBURY GRAIN MARKET. • IBs"Telecra ph:--Prcss Association.! Chrlstchurch, November 23. There is no change to report in the stato of the local grain and produce markets. Everything is very quiet, and both demand and offerings are slack, practically nothing in wheat is moving, and the slut" increase of interest in. oats, mentioned last, week has flickered out. Though there is yet a fair quantity ci oatsheaf chaff on offer, buyers' nnd sellers views do not coincide.'and the price has _ if. anything weakened slightly: some, fair-sized loia have changed hands at ,875.. and it is possible that 90s. might be got for spcctally cood samples. Potatoes aro bad property at present, aud only special circumstances would lead a, buver to offer anything ill. the neighbourhood of a sovereign per ton, for a.verage sorts. A few lots of now potatoes are coming in from the. Auckland district. but this business is being exclusively handled by retailers. Butter .(farmers separator) has weakened a halfpenny, hut bacon sidrs and rolls ha-vc a<lvanccd to B,;d. and 9id. respectively.