COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1488, 10 July 1912, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHAKES. A sale of Wellington Investment shares at lis. 6di was the only transaction recorded yesterday. The buying and selling quotations were as under:— Buyers. Sellers. £ s. d. £ s. d. X.Z. and River Plate ... 1 19 6 2 0 6 Well. Trust and Loan ... 7" 8 6 — National Insurance — 119 0 Standard .Insurance 1 10 0 — Chrstchuren Meat 15 2 6 — Meat Export (525. 6d.) ... 3 1 0 — Mosgiel Woollen — 3 7 6 Well. Woollen (ord.) 5 8 0 — Hikurangi Coal 0 18 6 — Westport Coal — 1 B 3 Loyland-O'Bricn — 17 6 Taringamutu Totara. ...... 2 7 0 2 8 0 Donaghy Hope and Twine 14 9 — D.I.C. preference — 12 0 jV.Z. Con. Dental 10 6 — N. 55. Paper Mills ' - 12 0 Ward and Co. 5 16 W.F.C.A - 7 6 0 PAPAROA COAT,. . The Papnroa Coal Company is having some difficulty up to the present with respect to the new capital, only £18.300 beim; rnibscribed out of £35,000 wanted, and if the latter sum is not subscribed by July 20. "immediate steps must be taken to wind up the company." The unrest amongst the miners, and the de.'rnefis of money, have probably been the main causes of the disinclination shown by the debenture-bolder? anil (shareholders to subscribe for tihe additional capital, but perhaps now that there is n chaurre in the nolitical situation with evidence of returning confidence, the balance of the monicy required will be forthcoming. It would be a very proat pity to see the Paparoa Company collapse, for there is unquestionably a good future before it.

TRADE IN ALLEN STREET. Vegetables.—Cauliflowers arc in strong demand, and consitrnranits can be recommended; celery is also in excellent verities!. Cabbages continue in excessive nipply, and very low prices have to lie aceentcd to quit. Pumpkins and parsnip* are in fait demand. Fruit.—The Sydney Meamcr, due to-day. is hriiifffrig the usual consignments of mandarines, lemon'*, pa*?ion fruit., and pineapples. Good coloured annles are in demand, and large preen c/(yvkin'7 apple; are also in' atrone demand. Zealand pears are about finished, for ; the seaman, but consignment* .ire from Tasmania. about tfulv R *h*n tUi duty will be reduced' to id. per Ik

Kegs.—Frft'h c.effs are in short supply, and prices ranee from Is. 7d. to Is. 6(i. per dozen; limed C2R.; are selling at. Is. 3d. per dor,en. Willi t,ho . advent of warmer weather, prices for fresh ogss will decline. liutlor.—There is strong inquiry for prime bulk at ltd. to lljd. per lb., witli second grade at 9d. to lOd. Margarine, in 281b. tins, Scottish manufacture, is selling at Bd. to Bid. Laj'd.—Factory-made has good inquiry at 8(1. Oliccee.—Host factory, medium size, 7d. to 7.1 d.: loaf. 73d. to Bd. Ifay is in good demand at £5 to £5 10s. for prime rye and clover. Chaff.—The market continues to be glutted. Prime oaten sheaf chaff, £5 to £5 10s. per ton; medium Quality, £4 to £5, sacks ill. Feed barley is slow of sale at 3s. 6d. per bushel. Cape barley has very little business at 3s. 9d. a bushel. Oats.—Heed Algerian, 3s. 4d. to !<?. 6d. a bushel; short feed. 2s. 9d. to 35.; dun oats, Zs. lCd. to 3s. Oatmeal.—Values have declined, the curlent quotation being £13 10s. to £14 per ton. Boiled oats, in '.lb. bags, are selling at 9s. per dozen, and Oatina at 9s. 6d. Maize has very little inquiry at ss. 6d. per bushel. Onions.—Prime quality is selling at 10s. to 10s. 6cl. per cwt., with inferior at 4s. to 7s. I'ollard.—Supplies are now more plentiful, and prices range from £7 10s. to £7 15s. per ton. Barley meal is in fair demand at £7 ss. per ton. Pen meal meets with moderate inquiry at £7 10s. per ton. Hice meal.—A fair business doing at £6 10.5. per ton, with rice flour at £b ss. Bran.—The de.ma.nd is good, afid the prices are £5 15s. to £6 per ton. Potatoes.—Owing to exports, the markot has advanced 2Ps. nor ton. and the Quotations are now £6 to £6 10s. for prime quality. ... Split peas meet with moderate business at 17s. per cwt. Prussian blue peas are selling at fe. 9d. to 7s. per busliel. Partridge peas are moving more freely at 3s, 9d. to 4s. per bushel. Whole linseed is quoted at 17s. 6d. to IPs. per cwt. I,indeed meal rules at 225. oer cwt. Crushed linneed cake. 14s. per cwt. Linseed nuts, 13s. 6d. per cwt. WOOL, SKIX, AND HIDE SALES. Messrs. Dalgetv and Co. report:—The monthly wool, skin, and hide sale was held to-day. Tliore were fair entries, a good attendance of buyers. and keen competition. There was a vise of id. per lb. on skins. ,Full-wool halfbrods. to 7}d.; tliree-quarter-wools, to 71d.; lialf-wools, to 7d.; crossbred hoggets, to 71(1.; full-wool crossbred lioggcbs, to 7d.; fine crossbrecls, to 7Jd.; full-wool merino, to 63d.; half-wool, 6d.; dead and damaged, to 53d.; first pelts. 3jd.; second pelts, 3d.: fine wool, lambs, 63d.; shorn lambs, sid.; green skins. 4s. to 4s. 4d.; merino, 3s. 2(1. Bale wool sold at improved prices. Crutchings, 6d. to 6Sd.; crossbred fleece. Bd.: half bred fleece. Bid.; bellies and pieces, to 5d.; fleece, 53d. to 73(1.: black, 5«d.; hides, fid. to 63d-: rendered fat, 235. 9d. to Ms. 6d. cwt-.; Tough fat, 20s. 9d. cwt.; rabbitskins, Is. lb. Customs diities collected at tho oort of Wellington yesterday amounted to £1991 Is. , GRAIN AND PRODUCE. IBr Telegraph.—Press Association.! Christchurch, July 9. There is no move fn the wheat market, what little business is passing being between merchants. There is practically nothing offering from growers at present. The oats market, is still very dull, but, a few innuirics are coming to hand from Australia." The prices offered, however, are below those at which previous business lias been done. Potatoes have shown another sharp rise, and £3 10s. to £3 15s. is being paid at country stations. There is an imnrovod demand from the North Island, a>l an increase in the shipments to Australia, as the high prices ruli'ng there arc an inducement to merchants to take the risk of shipping if they can get suitable supplies, Oatsheaf cliaff is very dull of sale, and the price, rather wenkcr, 555. at country stations being difficult to obtain. LONDON WOOL SALES. By Telegraph—Press Association—Copyright London, July 8. At the wool sales there was good competition. Prices were unchanged. American buyers were keen for crossbred. (Rec. July 9, 10.35 p.m.) London, July 9. The following, are the prices realised at tho wool sales for the fleece portions of the clips named:—Msori, top price 9(1., average Sid.: Glondhu. ICid. and IOJd.; Aol'.anga, lid. and llgd. WHEAT AND FLOUR. London, July 8. The wheat' and flour afloat for tho United Kingdom totals 3,315,000 quarters; for the Continent, 2.455.CC0 quarters. There were no Pacific shipments; Atlantic shipments amounted to 277,000 quarters. The shipments to Europe during tho week- totalled 1,550,000 quarters, including from Argentina. 265,000 Russian, 126,000 Danubian, 410.000 from India, and 2CCO from Australasia. WHEAT. London, July 8. Bar silver is quoted at 27 15-16 d. per ounce standard.ARGENTINE MEAT SHIPMENTS. (Rec. July 9, 10.35 p.m.) , London, Jul-- 9. The meat shipments received from the Argentine during Juno were as follow:— Mutton, 197,650 carcasses; lamb, 46,500 carcasses; frozen beef, 188,000 quarters; cliilicd beef, 214,500 quarters.

MINING NEWS, WELLINGTON SHARE MARKET. There were no transactions in mining shares yostorday. The buying and selling quotations were as under• Buyers. Sellers. £ s. d. £ s. d. Ross Reconstructed 0 6 0 0 6 4 Talisman 2 0 6- 2 1 6 Waihi 115 9 116 6 Waihi Reefs 0 0 10 0 12' Waihi Grand Junction ... 1 2 0 12 3 Waitangi 0 0 4 0 0 5.} The Wellington Stock Exchange received the following telegram yosterday from the Talisman Consolidated June return: Crushed 4360 tons, value £21,424 18s. lOd. Costs, 4Gs. lOd.; development, 12s. Sd.; mining. lJs. Bd.; melting, 12s. lid.; general, Is. lOd. Sent London ths following cablegram:—No. 16 winze at 130 ft. below 13 level, commenced driving north, progress 17ft., reef 30in. wide, values low; driving south, progress 20ft., reef 54in. wide, values low; No. 14 level, south drive, from 902 ft. reef, 4Sin. wide, values low; from 914 to 931 ft., reef 54in. wiiY, assay value, £4 Is. 3d.; from 931 to 950 ft.. reef 48in. i wide, values low. Sunk Woodstock shaft 36ft.

STOCK EXCHANGE. (By Telesraph.—Pre3s Association.) • Auckland, July 9. Busine&s at this morning's call:— Bason, ll}d. Roes, 6s. Id. Talisman. £2 Is. Waihi, £1 16s. 3d. Grand Junction, £1 2?. 3d. New Zealand River Plate, £1 19s. 6d. Auckland Gas. £5 9s; Auckland Trams (ord.), £1 os. 6d. Christchurch, July 9. Sales reported :—New Zealand Loan Company, 9s. 9d.; River Plate Land (ex div.j, £1 19s. 3d.; Canterbury Frozen Meat, £6. Dunedin, July 9. The following sales were reported on the Stock Exchange to-day :— N.Z. Drug, £2 lis Waihi Grand Junction, £1 2s. 2d. (two parcels). TALISMAN RETURNS. Auckland, July 9. Talisman returns for the month:—£2l,424, from 3360 tons.