COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1389, 15 March 1912, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHAKES. A rale of Wellington Ga.9 (£10) shares at £18 ss. was the only transaction recorded yesterday. The buying and selling quotations were as under:— Buyers. Sellers. £ 6. d. £ s. d. Bank ol Now Zealand ... 11 0 0 — National Bonk .5 16 6 — Christcliurch Cas 9 0 0 9 5 0 Gisborne Oas — 218 6 Well. Gas (£10) :B 2 6 - Well. Gas (pref. 7s. 6d.) ... 0 8 0 0 9 0 Standard Insurance — 1 10 6 Christcliurch Heat — ■ 1512 6 Gear Meat (£4) — 15 0 0 Meat Export (525. 6d.) .... — 2 19 '0 Well. Woollen (ord.) — ■ ■ 3 15 0 Well. Woollen (pref.) —' 3 0 0 Hikurangi Coal — 0 19 6 Westport Coal — 17 3 ' Wcstport-Stockton 0 10 — Taringamutu Totara 2 6 6 2 9 0 Crown Brewery — .• 1 15 0 Golden Bay Cement — 15 0 Ward and Co — 5 4 3 COMPANY REGISTERED. In the list of companies registered published in this week's issue of the "Mercantile Gazette," there appears the following:— Taumarunui Press, Ltd., registered March 8. Office: Miriama Street, Taumarunui. Capital, £5000, divided into 5000 shares of £1 each. Subscribers: Hamilton: W. Goodfellow, 25; Taumarunui: N. A. Winter, 330; K. Winter, 25; W. A. Atkinson, 330; 11. W. Atkinson, 25; 11. 0. T. Nimby, 75; 0. L. Kruger, 50; W. Thorp, 25; W. H. Wnckrow, 50: J. ■¥. Strang, 25; S. Bone, 25; C. J. Ryan, 25. Objects: To acquire printing and general newspaper business now carried on by N. A. Winter, at Taumarunui, including bi-wcckly newspaper, "The Taumarunui Press." TRADE STATISTICS FOR 1911. The net exports and imports for last year of the four leading commercial countries are given below, the returns covering merchandise only, and excluding imports afterwards re-exported, and of course all such re-exports from the export trade. The figures are as under:— IMPORTS. 1910. 1912. £ £ United Kingdom 574.496.000 577.788,000 Germany 446.540,000 477,240,000 France 314,960,000 354,440,CC0 United States 318,852,000 312,733,000 Tin United States, Germany, and France show increases, the expansion by France being £39.480.000 and by Germany £30.700.000. The United States registered a ilerausc of £6,119,000. EXPORTS. 1910. 1912. £ £ United Kingdom 430,385,000 454,282,000 United States 389.256,010 426,770,000 Germany 373,730,000 405,090,100 France 249,360,000 246.880,000 Tin first three show enormous increases in expo-ts, especially the United Stales, whose increase amunnts to £37,514.CC0. Great Britain still holds premier position, but Germany is a good second. SUGAR CROP ritosriiCTS. According to tho Australian "Busar Journal," It il 7cry gouorally recognised tkjit

I the yi;ld of simar this year must inevitnlily fall far below that of 1911. The prolonged drought, which hag not even yet heen fully dispelled, coupled with the interruptior. to planting operations caused by last year's strike, must produce a shortage. Good Growth has be-i-ii made by the cane in the northern districts o! Queensland generally, though the rains have not been nearly heavy enough to give that forcing inoisture and heat which constitute the best growing conditions for the sugar-cane plant. Moreover, the rains have been intermittent, so that the growth has been by no means so continuous as it should have been. In the Jluckay district the rain has been patchy; Eome portions, such as Plane Creek, for example, have done exceedingly well, whilst others have suffered from insufficient rainfall. On the Proscrpin; the coming crop will be light; but planting has lately been carried on extensively, and a big crop is already anticipated for 1913, bar accidents. In the Bundaberg district, and in the Isis, very helpful rains have been recorded, n.nd the cane has made good growth, though it is still behind what it ought to be at thji season of the year. Customs duties collected at the port of Wellington yesterday amounted to £2195 14s. sd. DOMINION ETJBBEE COMPACT. flUr Telegraph.—Press Amocla.tlen.l Ounedln, March 14. The annual meeting of the Dominion Rubber Company was held this afternoon. The chairman of directors (Mr. W. L. Simpson) presided. The annual report stated that the ?x----pendituro had been heavier than in previous years owing chic-fly to the increased outlay in connection with drainage works, fungus diseases, and cost of management. Some relief was Eecurcd by services rendered to other companies. Owing to the wet season there had increased appearance of the disease known as fomes, involving the loss of some trees and extra cost in clearing. The source of the disease alioTs ground had been identified, and the management hoped to deal with it before it affected the rubber trees further. The manager expectsd to complete arrangements for tapping the trees before long. During the year about 15 aeres had been added to the planted area. In moving tlw adoption of the report the chairman sta.ted that the manager estimated that the company might lose six or seven acres of rubber as the result of the outbreak of 'Tomes." Probably about 7000 tupes would be ready for tapping. Th 3 report was adopted. Messrs. Anderson and Mitchell wore re-elected directors, and the remuneration of the directors was increased from 10 guineas to 15 guineas per annum. WHEAT. K By Telecraph—Prew Association—CaoyriitM London, March 13. The American visible supply of wheat is 116,037,000 bushels. SILVER. Bar silver is quoted at 26 15-16 d. per ounce standard. TALLOW SALES. By Tflceraph— Vtenti Association—Copyright London, March 13. At the tallow sales 1155 casks wore offered and 201 sold. Owing to the 6trike buyers refrained. Holders want full prices. LONDON MARKETS. Tho New Zealand Loan and Mercantile Agency Company. Limited, have received the following cablegram from their London house, under date March 13-.— Wheat—Wo have sold an Australian cargo at 375. 6d.. c.i.f. There is very little demand, and thj outlook is uncertain. We quote, por ouarter, c.i f.. New Zealand wheat, long-berried, 365. 6d.; short-berried, 355. 6d. Oats—We quote: Oartons, 225. 6d.; Sparrow.bills, 225. The market is firm, and outlook encouraging. AUSTEALIAN PEODUCE MAEKETS. By Telegraph—Press Association—Copyright (Ecc. March W.' 10-35 p.m.) Sydney, March 14. Wheat, 3s. Sid. Flour, city brands, £8 155.; country .brands, £3 12s. 6d. Bri.u, £5 10s. Polln.rd. £5 15s. Barley. Care, Is. lOd. to 55.; English, 4s. 6d. to ss. Maize, 4s. 7d. to 4s. Bd. Oats, Algerian. 3s. 6d.; white. 3s. 3d. to 3s. 4d. Onions, £8 15s. to £9. Potatoes, £5 10s. to £8 ss. Bacon. 73d. to Bd. Butter, selected Irands, 1125.; prime, 100s. to 108s. Cheese, BJd. Adelaide, Morch 14. Whca.t, 3s. 95d. Flour, £8 15s. Bran and pollard, Is. 2s. MELBOURNE HIDES MARKET. By Telegraph—Press Association -Copyright (Hec. March 14, 10.35 p.m.) Melbourne, March 14. Hides were in avorogc supply at the sales to-day. Hoavies were very firm, but the prices of light sorts were in favour of buyers; MINING NEWS. WELLINGTON SHARE MARKET. Dullness is once more the outstanding feature of the miniug market, du; to the break in the prices of Talisman. Adverse rumours were afloat respecting the development in ths Talisman, and the shares dropped to 465. 9d. Th 3 only business transacted yesterday -was in Talismans, two sales being reported at 475., and one at 465. 9d., all at the afternoon call. The buying and selling quotations were as under;— Buyers. Sellers. £ s. d. £ s. d. N.Z. Crown — 0 3 4 New Sylvia. — Oil Old Hauraki 0 1 10 Talisman 2 6 9 2 7 0 Waihi — 2 10 Waihi Grand Junction ... — 18 3 Waiotahi 0 3 6 0 3 9 Waitangi ■. — 0 14 Taranaki Petroleum 0 18 6 0 19 3 STOCK EXCHANGE. (By TeleEraph—Presß Association.', Auckland, March 14. Tho following business was done on the Stock Exchange to-day:— Occidental, lOd. Waiotahi, 3s. 7d. Waitangi, Is. 3d. Crown, 3s. 3d., 3s. 2d. Talisman, £2 Bs. to £2 7i. Waihi, £2 os. 6d. Grand Junction, £1 Bs. 3d. Taupiri Coal, £1 Is. 6d. Gisborne Gas, £2 17s. Union Steam, £2 Is. Bd. The following business was dons at the 3.15 p.m. call:— May Ouecii, Is. 6d. Moanataiari, 2d. Occidental Consolidated, 10! d. Waitangi Consolidated, Is. 4d. Talisman Consolidated, £2 7s. Waihi, £2, £1 19s. 6d., £1 19s. 3d. ■ Waihi Grand Junction, £1 Bs. 3d. N.Z. Insurance, £4 14s. 6d. Kauri Timber (con.), 16s. 10d., 17s. Wilson's Cement, £1 19s. 6d. Christchurch, March 14. Sales reported on the Stock Exchange of Canterbury were:—National Insurance, £1 18s. 4jd.: Westport Coal, £1 7s. 3d. and £1 7s. Duncdin, March 14. A sale of Talisman Consolidated shares was made on the Stock Exchange to-day at £2 7s. MINE MANAGERS* EEPOETS. Thames De2p Levels.—Everything is in readiness for letting the new contract for driving another 500 ft. at the main crosscut at 1800 ft.. Mount Welcome.—The water having driven the men out of the winze, work has been resumed in the dTive north. Colours of gold were seen last breaking down, but no picked stone-'was got. The intermediate drive is along 90ft. t Saxon.—The cap piece of No. 6 chamber has been reached in enlarging the Saxon shaft. The distance between No. 5 and No. 6 proves to be 69 instead of 65ft. Golden Belt.—The No. 2 rise at the lonlevel is up 100 ft., and the country is good. The No. 2 winze is down 16ft.. and ther.3 is a lot of water to contend with. If it gets any worse, the winze will have to be slopped. Old Hauraki-Sloping at 400 ft. level, No. 1 block, is worked out. In No. 2 block a couple of stones arc in progress, the rn?f being 12 wide. Three stopes are being worked in No. 3 block, and a few pieces of picked stone were got. 0112 stops and a rise is in progress in No. 4 block. The country is favourable, carrying mineral indications. At the 30C'ft. level the seaward face is along 601 ft. Picked stone w_is got as wired, and gold has been left showing. Three stopes are being worked in No. 2 block. Waitangi Consolidated.—At the Beach level the crosscut is in 131 ft. from the main drive. The country is still hard and not favourable for reefs. The main drive is along 3239 ft. A rr.2f was cut on Tucsorosscut. H-iuraki Ecefs—The rise on the Hanraki North reef is up 33ft. The reef has varied : somewhat in thickness, but showed strong gold throughout, and a few pieces of picked storo were selected. A decided improvement has liken place in tho face of the drive off the rise in the Hauraki end 400 ft. level. The, reef has shown 2in. wide, and the strongest and coarsest gp.ld y?t seen in this portion of the mine is showing through tho ouartz.

Chick-roaring is not only profitable, bul a pleasure, when you feed "A and V" Chick Kaiser. II is a complete and pro-perly-blended food for Young Chicks. Obtainnblo from all storekeepers.—Advt. Mr. William George, the Chancellor of the Exchequer's brother, is writing a book in Welsh on the Education Act. AVith the exception of one long break, the Charterhouse hns, tolled the Curfow boll {vqrr night for 510 year*,