COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1541, 10 September 1912, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHARES. No business was done in investment shares yesterday. The buying and celling quotations wore as under :— Bavori. Selleri. £'e. d. £ e. d. National Bank 6 0 6 6 2 0 Equitable Building - 1» J » National Mortgage - ' » ." N.Z. orid'Hiver Plate ...\ - «' Well. Trust and Loan (new) — 1 Z 6 Christchurch ,6as - . '" " FeildinK Gas :/. 1 » * ■ Ohristchurcli Meat 15 5 0 - Meat Export (525. 6d.) - | 1 o Well. Woollen (ord.) ....... 3 12 6 3 16 6 Well. Woollen (prof.) 2 16 0 - Westport Coal ISO }J » Leyland-O'Brien — i J J Taringarautu Totara ... — -J » Golden Bay C«mcnt 10 6 110 N.Z. Portland Cement .... 16 3 - Sharland's ordinary 1 Z o } » " Sharland's prci'crcneo 12 9 16 5 HEMP AND TOW. Tho Government Director of Fields and Experiment Work (Mr. E. Clifton) reports :- I forward herewith a return showuiß tli-e quantities of hemp and tow graded at the ports of the Dominion during the.month of August, 1912. Hemp: The total number of bales graded was 4431, as compared with. 5237 for the corresponding month of lost year, a decrease of 8M bales. For tlio twelve months ended August 31, 1912, the number of bales graded was 91,166. as compared with 97.091 for the previous twelve months,- the decrease being 5925 bales. Tow: During the month, 1139 bales were dealt with, as compared with 1128 for the corresponding month of last year, an increase of 11 bate. For the twelve months ended August 31, 1912, the number of bales graded was 25,388, as against 29.520 for the previous twelve months, the decrease being 4132 boles. Ketu.rn of Hemp and Tow Graded Throughout the Dominion during the Month ' of August, 1912. Hemp. fiood- Com- EeFine. fair. Fair. m'on. jerted. T I. Auckland - 155 364 131 22 642 Foxton - 469 W 20 - 1895 WelUngton 26 1420 244 46 7 1743 Blenheim — — — — Picton — — — — — — Lyttelton — — — — — ~ Dimcdin »• 11 - - - 2} Bluff - 49 70 12 - .131 Totals 35 2074 2084 209 , 29 4431 . P «sfj9 <6.81 47.03 4.72 .65- - -. ■...- Tow. First' Second Third Con-AuckUnd^-^^f-'T 11, ? S = 293 25 - 318 Wellington. 281 233 25 15 554 Blenheim — — — — Picton — — — — - Lyttelton _ _ — — Dunedin — — — — ~ Bluff - 45 25 'i 73 Totals 281 704 113 ' 41 1139 Stripper Slips. Passed for export. Condemned. Total. Foxton 32 — 32 Wellington 141 _26 »7 Totals Hi 26 199

COPPER, TIN, AND'SPELTER IN 1911. The world's total production of copper in 1911 showed only a small increase, viz., 898 400 metric tons, as against 686,900 metric tons in 1910. Larger outputs were reported from Germany, Servia, Russia, Japan, Africa, and Australia, while the United. States and Canada did not reach their usual average. It is expected that, during the current year, the States and the new Catanga mines in Africa will supply much larger quantities. With regard to tin, the total production amounted to 118,200 metric tone, or 25C0 more than in 1910. The Straits Settlement produced nearly onehalf of the whole. Of the remaining quantity, one-half was supplied by Bolivia, and one-fourth by Africa. The tin mines of Cornwall contributed only 45C0 tons, equal to about 4 per cent, of the whole production. In spelter Europe takes the lead with nearly 70 per cent, of the whole output. Of thisv four-lenitliß were of German origin, while Great Britain and France contributed each one-ten Hi. Tho total output Increased from 816,000 in 1910 to 895,400 tons in 1911. /Turning to the consumption, there were larpi increases in copper, and spelter, while tin experienced a slight reduction. The consumption of copper- increased from 904,700 tons in 1910 to 959,400 toTia in 1911; that is to sa.y, it exceeded last year's production by 61,000 tons-. Of this quantity, the United States consumed 35.8 per cent., Germany 25.1 per cent., Britain 17.7 per cent., and Franco 10.6 per cent. All other countries taken together consumed only 10.8 per cent., or only a fraction more than was consumed by Franco alone. With regard to the consumption of spelter the United States consumed 28.3 per ceut., German 24.5 per cent., and Great Britain 19.6 per cent., while 27.6 per cent, represented the proportion consumed by all other remaining countries. Tin exnerieuceil «, reduction in consumption from 121.3C0 tons in 1910, to 117,400 tons in 1911. In commenting upon this, the return says that it would seem a3 if the United States, having now sufficient tinplate works of their own to supply the demands of the canning industry, had ceased to bo good customers of* the tin-plate industry in Wales. At the same time, the cheapening of the manufacture of class bottles and jars by means of tho Owen process is gradually replacing jam tins, etc., by glass vessels.

311011 COMMISSIONERS CABLE. The Department of Agriculture, Industries, and Commerce has received tlio folioiviug cablegram from the ]li E h Commissioner for New Zealand, dated London, September 7, 1912. (Noto.-Qiiotntions, unless otherwise specified, are average market prices on spot):— Mutton.—.Market remains firm, although hiirh prices are restriction business. Supnil™ will be moderate, however; there is no nrosix'cl of a. decline. Canterbury, 4gd. licr Hi. light weight. 4 3-Bd. heavy weight; XorUi Island, 4Jd. light Weight, 4id. heavy weight; ewes. 4;, d. liiimlj.—The market is somewhat-steadier. There in a better demand for .heavy weights. Canterbury, 5Jd. per lb. light weight,, 5Jd. heavy weight; other than Cantorlwy, 5Jd. per lb. llwif.—The market is nuict; small business doing in frozen. Quotation!! are nomi^'fe'tr*,'' viz - NZ - liiuds - m - » cr ■ llutlvr.—Tho market is ciiriet, but steady. Danish. 12Bs. per uwU; Australian, Ills.; Siberian. IUBs. Ohocsc— The market is firm, with an up•■wnnl iiMidency. Canadian, 675. per cwt., While, (i7rf. 6d. coloured. llpinp.—Tim market is not ciuitc bo firm, lluyers ii.ro holding hack on account of the high Drirv.i. Spot—New Zetland, good fair grade, per ton, £27 55.; fn.ir grade, £25 153.; fair eiineiil. Manila, £26 15e. Octobcr-Dc-roiiil)i«i- N Hlil]iiiiTOts-New Zealand good fair, lx'r lon, £27 55.; fair grade, £25 10s.; fair niiiTi'iit. Manila, £27 to £27 ss. The output from Mnnilii for the week was 26,000 bales. Wool.— 'l'lui market, is firm, with a hardening tenili'iicy for croashrcde. Current quotiilioua for tlradford tops:—36's. low crossliredK. Is. IJd. |ier lb.; 40's, low crofisbreds. t*. 21d.; 44's. mt'dium crosslircde, Is. 3d.; 50's, Iwilfbrcdn, Iμ. 6Jd.; Si's, ouartcrbreds, Is. 9(1.: 60 - k. mennoii. 2«. 2d. ' Cocksfoot Heed.—There has been no alteration in tlio market since last week. CfliiMnentnl offered at 4fe. 6il. There are no buyers. River Plato shipments received during tho month of August. 1912:— Mutton. Lamb. Ca.rcasscs Corcnssca Tinmlon 75,447 27,738 lilvorpool 111,071 30,219 Hull , 9,114 ■ 291 Newcastle 7,089 — Southampton 19,928 9,762 Cimllli 300 - 222.949 68,010 August, 1911 257,717 128,666 LONDON- WOOL MAEKET. Messrs. Dalgcty mid Company, Limited, Wellington, liavo received the following cablegram from their London office:— Wool: Market is very firm. It it? expected that merino wools will bo from par to 5 per cent, higher at next series, and crossbreds 5 per cent, higher. LONDON' MARKETS. By Telegraph—Press Association—Copyright London, September 8. Wheat 33 slow of sale; 40s. is asltcd for Australian, off coast, 40s. 6d. for April, and 40s. for May shipments. Liverpool "futures": October, 903 cents; December, 88 cents. Chicago—September, 901 cents; and December, 90 3-8 cents. Kauri gum stocks total 375 cases. Cotton.-Septembcr-October, 6.261 d. per lb. Jute.—September, £23 10s. Hemp.—October-December, £27 ss. Copra,.—Market active. South Sea, In bags. £25 10s. Rubber, 4s. lid. per lb. Antimony, £.7. HIDES AND LEATHER. London, September 8. At the hides sales there was a small supply. Leather was firm. Best heavy Sydneys, 121 d. to WJd.; Melhourncs, 12Sd. 'to 141 d. Basils, first Wellingtons, 163 d"