COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1489, 11 July 1912, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHAPES. Sales of investment shaves rcoorded yesterday were: National Bank at £6 2s. tel., and National Mortpajjc at £4 Is. Tho buyinff and selling quotations wero ns undor Buyers. Sellers. £ s. d. £ a. d. Bank of New Zealand... — 11 8 0 National Bank — 6 3 0 N.Z. and River Plato 119 6 - . Well. Investment 011 6 — Well. Trust- and Loan ... 7 8 6 — ITokitika Gosh — 5 15 0 Well. Gas (profJ — I I 0 National Insurance — 119 3 i ChrsU'hurch Meat- 15 2 6 — Mat Export. (525. 6d.) ... 3 1 6 Kaiapoi Woollen 5 5 0 — Mosgiol Woollen — 3 7 6 Well. WoolUu 3 8 0 Taupiri Coal 119 — We.'tport Coal 17 6 18 3 Leyland-O'Brien — 176 Tarinpramutu Totara 2 7 0 2 8 0 Ponnjjhy Rope and Twine 14 9 — Golden Bay Cement — 12 0 Mauriceville Lime — 0 15 0 N.Z. Paper Mills — 12 0 Sharland's ordinary — 13 3 Customs duties collected at.the port nf Wellington yesterday amounted t:> £1994 18s. fid. SHARES AND DEBENTURES. By Telcßraph-l'rces Association—Copyright London, July 9. The latest Quotations are:~Bank of Australasia.. £119 (buyers) and £121 (teller*)} Ba.uk ex New South Wales. £44 and £4gj Jaioß Bank,' £69 10s, an 4 10s,i

tional Bank of Xew Zealand, £5 15s. and £6 fs.; of Nc.v Zealand, £10 5«. ami £11 5f.; .Mnlljnurue 11-übour, £99; lid", bourne Trams, £ICO. UNION HANK OF AUSTRALIA. (ltcc. July 10, 10 D,m.) London, Julv 10. The Union liitnk of Australia, J,td„ has declared n dividend at the rate ot 10 per cent., a,lid it boiius of 2 per cent. A Iwniw of 10 per cent., absorbing £2J.CCO, will be paid to the A sum of .£IO,CCO is allocated to the premises account; iffl.Cfi) added ta the reserve, and £42,786 carried forward. LON'DOX WOOI, SALES. London, July 9. At the wool sale?, a ulioico selection was offered. It consisted chiefly cf New Zealand wools. American bnvers npc-i----aled [ro'jly. and prices were firm at openliif? rate?. The New Zealand lioau and Mercantile Agency Company, Limited, have received the following cablegram from their London under date July 9Arncrica is operating freely, and the <ales gain firmness as- they prngres. As compared with last sales' closing rates prices are higher by about par to 5 per cent, for crossbred lambs scoured merino; higher hy about 5 per cent, for cro.-s.brcd scoured; coarse greasy crossbred, _ crossbrcd slipe, and greasy merino; higher hy about 7f ner cent, to 10 per cent, for medium and fine greasy crossbreds." Messrs. Levin and Co.. Ltd.. have received the following averages for fleece wool at the sales now c.urroivt:—"Matahiwi," Mastorton, 10d.: 'BA over M," Wanganui. HM.; *'EK over Ohau." Ohau, Eld.-: "J—A." Nelson, 9 11-16(1.: "FTC over K." Nelson. 9 7-16 d.; "T.J.J.8.." Nekr-n. 9!d.; "B over Fernglcn," Masterton, 103 d.; "11. and C.M.," Grey-town, 10? d.: "Pram." Paranaraimm. B}d.; "Ruatca," Alfre'Uon, 9d. The firm's cable advice states:—The market is strong" or, with active American competition. (Itec. July 10, 10 p.m.) London, July 10. The following are the prices realised at the wool sales for the fleece portions of the clips named:—Bnahnna. top price l(Ud. t average 9*d.; Opoiti, t?4. and lid.; Titi, 12d. and 113(1.: Cairn, 15d. and 131 d. AJIEHICAN WHEAT CHOP. ' (Itec. July 10, 10.25 p.m.) New York, July 10. According to the crop conditions on July 1, it is estimated that the American winter wheat yield will total J52.C00.CC0 bushels, and the spring yield 271,000,000 bushels. (Itec. July 11, 0.55 a.m.) Sydney, July 10. Wheat, is still easing in price. Parcels are Quoted at about a half-penny cheaper in all markets. 1 THE METAL MARKETS. (Itec. July 10, 10 p.m.) London, July 10. Coppor—There has boon a slump in the market owing to bear raids on rumours of cutting in America, but prices have recovered two points to £73 10s. for spot, and £74 7s. 6a. for three months' deliveries, and £79 for electrolytic. The American stocks of copper total 44,335,GC01b. Tin.—For forward delivery, £196 lfo.. Lead, £18 7s. 6d. SILVER. Ear silver is quoted at 28d, per ounce standard. MINING NEWS. WELLINGTON SHAKE MARKET.. . There were no transactions at the morning call yesterday, but. in the afternoon, sales were reported of Itos Reconstructed at 6s. Id., and Talisman at 41s. The buying and selling auotations were as under:— ' ~

Buyers. Sellers. £ s. d. £ s. d. Con. Goldfinlds A"" _ 5 9 ICuranui Caledonian 0 1 2 0 1 4 ltoss Reconstructed 0 510 0 6 z Talisman ~~ . .1 i Waihi - } « J Waihi Grand Junction ... , l * Waitangi i 00 41 00 5i The Wellington Stock Exchange received the following tcle&ram yesterday from the Consolidated Goldflelds:— Black-water Mines.—Mill ran three days, crushed 590 tons for £1692; cvamr>d 2M tons for £261. Estimated value of eul« phuretles produced £84. STOCK EXCHANGE. (By Teleeraph.—Press Association.* Auckland, July 10. Business done at this morning-s call:— New Sylvia, 4d., 3|d. Victoria,- u Waiotahi, 2s. 6d. Itoss, 6s. 2d., 5-s. lid. Jfnuraki, Is. 9d. . Talisman. £2 Is., £2 Cs. sd. Drury Coal, 6d. Northern Steam (paid), IC*. 2d., 15s. 3d. Northern Steam (con.), 7s. ..a. WilGon's Cement, £1 16s. bd. The following business was done at the 3115 p.m. eoll:— New Sylvia,. 4d. Waiotahi, 2s. 6d. Waitangi Consolidated, 6u„ r.j., Ross Goldfiolds, lid. Hauralii, ■ lieets (con.). 4M. Duncdin, July 10. ■ The folowing sales were reported on the Stock Exchange to-day Waihi. £1 16s. 3d. Standard Insurance, £1 lis. M.