COMMERCIAL NEWS.

Dominion, Volume 5, Issue 1391, 18 March 1912, Page 8

COMMERCIAL NEWS.

INVESTMENT SHAKES. There were no transactions in investraont shares on Saturday. The buying and selling quotations were as under:— l'uyers. Sellers. .£ ?. (1. £ s. d. Bank of New Zealand ... 11 0 0 — National Bank 5 16 6 5 17 G Well, (ias (£10) — 18 10 0 Well. Gas (pref. 10s.) 0 10 S National Insurance — 118 6 Standard Insurance — 110 6 Clirisfchiirch Msat - 15 12 0 Gear Meat (£■!) — 1.5 U 0 Meat Export (525. 6d.) ... - 219 0 >:.Z: Shipping 13 10 0 - Well. Woollen (pref.) - 3 0 0 lliluivangi Coal 0 13 6 U H 6 West port-Stockton 0 10 Leyland-O'Bricn - 19 6 Tiiringamutu Totara ... 2 6 6 2 9 0 Golden Bay Cement 14 6 15 0 Sharland's ordinary — 14 6 Ward aud Co — 6 4 3 W.F.C.A. (£5) - ... V 5 0 WOOL EXPORTS. According to the figures compiled by Messrs. Dslgety and Co., Ltd., the exports of wool from Australasia for tho period July 1, 1911, to February 29, 1912, totalled 2,069.668 boles, showing an .increase o£ 64,187 bales. The Commonwealth* exports exhibit expansion, but from New Zealand there has been a falling off. The table of exports is as follows:— 1911-12. 1910-11. Bales. Kales. New South Walc3 768,217 751,785 Victoria 527,253 470.279 South Australia 167,770 165,815 Queensland 2G3.434 183,152 Western Australia 66,160 68,111 Tasmania 17,370 18,730 Commonwealth 1,750.212 1,657,873 Now Zealand 239,456 367,607 Australasia, 2,089,668 2,025,481 The offerings and sales of wool from July 1, 1911. to February 29, 1912, os compiled by Messrs. Daleety and Co., Ltd., are as follow: Offerings. Sales. Hales. 8.-.!eS\ Sydney 730,047 700.934 Melbourne 403,795 374,710 GcelonK 133.3<!6 129.000 Adelaide 153,752 145,923 Brisbane 163,770 151,284 Tasmania, 12,627 12,273 Commonwealth 1,537,333 1,514,129 New Zealand 339,456 367,603 Australasia 1,820,7(7 1,719,698 Corresponding figures for the same period in previous ecasou 1,781,823 1,677,173 Increase 38,884 42,525 CUSTOMS. Customs revenue collected at ths port of Wellington on Saturday amounted to £1588 la. 7d., the total for the week being £26,253 9s. 2d. Tho returns for each, of the past oight weeks, compared with the figures for tho corresponding periods of last year show as under:— ' 1912. 1911. £ £ January 27 23,468 25,245 February 3 12,125 18.958 February 10 24,751 7,372 February 17 11,834 21,007 February 24 :.... 11,255 27.C01 March 2 13.340 12,614 March, 9 10,973 13,225 March 16 26,253 18,890 134.004 138,312 The beer duty collected (iuvinjr tho past week totalled £218 10?., as against £246 15<. 2d. in the week of last year. LONDON MARKETS. Tho New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London house, under date March 15:—Mutton: Market slightly bettor. Lamb: Demand improving. Beef: Market steady. FEILDINQ MARKET REPORT. Messrs. A. H. AtkinEon and Co.. Ltd., report a small entry of pigs on Friday,

owiiit: to wpathjr conditions. The poultry w:is :no.°!ly of indifferent duality. Wn iiuolo:— Wilis, 1(K fill.. 12'.. 13*. 6i1.. 155.; stores, 13>. Cil.; liplit porkers, 255., 355. 6(1. Poultry: Jllmis ?.-.. C-. 3d.. 2s. 6d.. 35.; cockerels Is. 6d., 2*. 9(1., 3.H.; dunks, 3s. 3d., 3s. 6d.. 3s. 9i1., 45.: i/00-c. 4?. 6(1. (all ot, per pair). Kiioen pups, 2s. Cd., 55., 12s. 6d. Pojcitcs, Ccl. to *!.-. 6d. case: tomatoes, 3.;. to U. Cd.: upnles. 2s. 6d.; pol-ato;s, ss. to S-. cwt.: oiiioTi-. Id. Hi.: rook and water melon?, 2d. to oil. per II).; cabbiiees, 2s.

CHAIN A XT) PRODUCE. [j (Bj Telceraoh.—l'rnsa Association.! fj Oamani, March 17. h As tlic harvest progresses, ths demand jj for grain increases, and shipping lias been Old wheat has become depleted, and I there is a considerable demand for new, h but. tlvjre i< a wide range owing to the g difference in condition. For really well- h conditioned velvet, as high as S.--. ss. net R at country Nation* has been given for I] line? ranging from 600 sack? downwards, i y. while os. s;d. wa< given for a liiw of 1500 j p sacks at a distant station commit P r-io?)K The biggest line wni bought at G 3s. 4£d. net at a country station. Velvet tj not in such pood condition has been £ bought at 3?. 4ri. net at a country sta- 5 lion, and the same rates have ruled for I] red wiien-t. \> Bed clmff has sold at 3s. sd. for a good p sample, while tuscan fetched 03 high as f 3s. 4 s l d. Mixed lines have sold at 3s. 4*d., r 3s. 4d., and 3s. 3d., the latter pries being I pnid for a sample not in such good con- j: clit ion. I Oats have been offering fairly freely, P but not beyond the demand. For Gortons, | a small line commanded U. lHd. net at a [ country station, while in another instance i Is. ICd. v.*as accepted, but the heaviest busi- ( uess was done at Is. lid. net at country { rtaMons. At these figures a good many [ sales have been made. [ Oat-sheaf chaff has sold at £2 net on trucks. There was soino sacculation in potatoes fc at th.? beginning of the week at £3 2s. [ 6d., ii.Tid to £3 ss. net on trucks, but values f again declined to £3, and one lot 'was I bought at £2 15s. J STOCK EXCHANGE. (By Telegraph.—Pre?3 Association.) Auckland, March 16. j Business doner— Talisman, £2 75.. £2 7s. od. t | Waihi-Paeroa, £2 5-. South* British Insurance, £3 14s. Dunedin, March 16. } The following sale? were reported on the 1 Stock Exchange to-dav:-Waihi Grand Junction, £1 Bs. Waihi, £2, £1 19s. 9d. FROZEN NEAT QUOTATIONS. By Telegraph—Press Association—Copyright (llec. March 17, 5.5 p.m.) e London, Miireh 16. The Frozen Meat Trade Association's fimithfhld market quotations for tho undermentioned classes c\ frozen meat arc based on actual sales of not less than one hundred carcasses of muttou or lamb, or twenty-live quarters of beef of fair average quality. The quotations are not selectod lines, but for parcels fairly representative of the bulk of the shipments now on the market. The prices which follow are on an average a farthing per lb. more ! than the value ex ship, this difference representing an averages cost in expenses, handling, and selling the meat:— Mar. 9 Mar. 16. Mutton— d. d. Canterbury, fight — — Canterbury, medium — — Canterbury, heavy — — Southland — — North Island, best- 3 15-16 315-16 North Island, ordinary 3 5-16 3 5-15 Australian, light 3 3-16 3 3-16 Australian, heavy 31-16 31-16 Kiver Plate, light 3J. 3J Kiver Plate, heavy 3J 3 5-10 Nov.- Zealand ewes 3 1-16 3 Australian e\v?s 9-u 21 Kiver Plate awes 3 3 LambCanterbury, light 5 9-16 — Canterbury, medium 5 9-16 — Canterbury, heavy — — Southland — — North Island,-selected ... 5$ 51 North Island, ordinary 51-16 51-15 Australian, be>t 4it Australian lair 4 3-8 4 3-8 Australian, inferior 4J 4$ Kiver Plate, first 4\ 4a Kiver Plate, sceond 4 3-8 4 3-0 BeefNew Zealand, ox fores .... — — New Zealand, ox hinds — — Australian, ox fores 215-16 215-16 Australian, ox hinds 3$ 3$ Kiver Plat?, ox fore.'* 2l 3 Kiver Plate, ox hinds ... 3 il-16 3 11-16 Paver Plate, chilled forc3 3*j 3 3-3 Kiver Plate, chilled hinds 4i Babbits are quiet and unchanged.