COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1552, 23 September 1912, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHAKES. A sale of Christchnrch Gas shares at £7 10s. was the only transaction recorded in investment shares on Saturday. Tho quotations were as under:— ' Buyers. SMlere. £ j. d. £ s d National Hank 6 16 6 3 0 National Xortsace 3 18 6 - Well. Gas (£10) - IB 2 6 Christehiirch Meat 15 7 6 - Meat Export (Ks. 6rt.) ... — , 3 10 Union Steam — 2 7 6 Taupiri Coat ;.:.. 12 0 . _ Westport Coal — 18 3 Le.vland-o'Rricn — 17 0 A.Z. Powell Wood — lio Taringamutu 'Man -. 2 6 3 Donnghy liopo 15 6 - Oolden Bay Cement 10 0 — N.Z. Con. Dentol — 119 N.Z. Portland Cement ....... 17 0 -

LOXDO.N WOOI. SALES. All tho evidence points to an ■ improvement in vnlni's at tin; .'.ales «-'ii;.|i hrdn in London to-morrow evening. The Dradfoi'il top market has advanred Jd. ptr 11). for all eouni.s. and thi.- indicates tli.it Yorkshire buyers are -wanting wool. Al the Antwprp ••all's laH week crosshreds were liipher by 5 to 15 eeivliincs and IhialIv at the opening of the Aii't.rali'ui fellinc .-.c:ison nt A:lel-aide on Tlmr.'day last line wools adv-'inevd Ii per «•«;. to 10 p< r cent.. Contineutul Iniycrs hoins tl'e principal operitors. Tlit? firmnees of tlic market .iu.= t now in view of the fact that the money market i> tending upwards and that tliuvc is nioiu'lary stringeiiry in the Unite:! Stales i* s-Kiiifinnl, and show--ekp.rly that Hi? raw staple i- l,at!lv wanted liv nionillacturers. C.ililp idvices .-l'niik! "be t-limiigli early on Wednpj. ilay morning giving iiaitieulars of the opening. CUSTOMS. Customs revenue rolleettd at Ihc iiort t>! '.Vollburton on Saturday ainimiited to £'545 Is. in., the total lov the wee:-; heinc £21.533. si. sd. Thu returns for caeh of the pa'jt ciskt works, eompave:! with the tiSTMiVi. tor the c;.-""-i-ondiii',' pciioiis of labt year show iu ur.tler: Mm. 1911. i , . ?. August 3 12,3'ia II.oCS A'i»u?L 1U 10.473 £5.136 AiizuEt 17 , 9.114 U.H2 Ausiißt 21 27.;:,; 1j.505 Ar.cuf.t Jl 37.318 IS.JSS September 7 lO.mIG 23/C6 ■-'?pieni)or 14 2i,1.'3 13. in Suiif.niber ''I 215-3 '" s^l 134,557 14J.6C3 The herr duty collected for the ..ye»k (otallstl £225 Zc, a? compared with ££07 Zs for the corroEponilhig week of last year. FEILDTXG .MATiKKT EKPOJVT. ' jfesr.'. A. H. AtkinGon and Co., Ltd., of Feiklins, rennrt on Friday's sale as follows:—We had no entry'of wciners, hut other jjiJH lirought full pricw. There w:n a moderate ent;-y of poultry,: which sold at quotations.. V/e iiuittcd a nuantity of m irr."-? tsr>d. Siins, IC , ?, to "lE?.: stores, 215.. 235., ed.. 255. to 25?.; potkeiv, iJ?., 335. liar-?s: .Spring enrters, £2 1C?.: pony, 305.; mare. £13. Poultry (.at per nairl: Uo3;-I»ts, Zs. £d., 3s. 6(1.; 4?.. -"s. 3:1.. <s. £d., 6a.; liens. 3s. 3d.. 3s. 6d., 3s. 9d., <:«., •'s. M: is. (ii\.. 5-.; turkey liens, at cic'i. os. 9.-1..-63. 9d.. 7.--.; P.li. silver wymdattp ro3?t;r, 10h. Produce: IMg potatoes. 25.; Uilile potatoes. 1-is. lo 155.: carrots, 2s. 6d.; rye t'i-a'.H, 4s. 9d. per biKhd.

CANTEJiBUKY FAEMEIiS" COOP. (By Teleirraph.-Press Association.) Chrlstrllurch, September f7. The annual meeting of the. Kew Zealand Farmers' Co-opov.-'.tive Association of Canterbury. liimilcd. w:'.s held to-day. Thr thirty-firrtt annna! report stated that during the year K6 allotments of ordinary sfcirrn had bcon trade, representing 9555 shares upon a basis of £1 paid up, and at a premiiftn of 10;. cadi share. Qr.n hundred and fifty-four allotments -of .C 5 preference shares, , representing 10.CC0 shares, were also made at a premium of is. per share. The. profit ami • lo?s account nho'VMl that the net profits for 'lie twelve months had amounted to .-Esl ,CC9 Cs. 7d. to which had to he nt'ek-d a sum of £2163 13s Sd.. brought forward froiu lasil year, maltins a total to ha daait with of £53.177 . IC.'. 9d. ,Ti-,c director;! proposed to allo'.caid this amount as follows. :-To p.iy „ (, per cent, dividend on t'ue preference share capital; to pay a dividend and bonus c:iu:il to flj per cent, on the ortliuary paid-, up capital; to pay n bow us of 5 pur eci:t. on shareholders' purchases of niiyph.'imi.vß during the year (sundry net ileum excopled); to refund S3 per cent, on sundry rarncd (not busi.ucre mid wool eicentcrt); to 'carry forward .£S"22 !(!a. to the rcwrvc hind, which will then stand <>.t ,eiCO,COO; to write 10 per cent, offtin., machinery and plant; to m.i!;c a contribution, not exceeding .£750, towards the .fund necessary to heap the employees fully hisurod under the superannuation scheme, and to carry tlio .balance for- ' ward. The report and balance-sheet were adopted. NORTH OTAGO MARKETS. Oamaru, September 22. The Wheat market has shown a little more animation during- the v.w?!i. but tintransactions have h;>en limited to <v few | hundred sack's in each instance. Farmers : i:re, apparently, content to await- developments. Tiie following were the prices , paith-Velvet, 3a. 7cl. nut end 3s. 7.'.d. and i 3s. 8(1., less commission; Tuscan?, 3s. fid.! I and 3;<. C'd. net; red clnff. 3a. 6(1. and 3s. I |7d. less commli'Mon:-Tkrdior, 3s. 7d.. lcfs | commission; nil on trucks a,t, country | stations. There is a gy;d iiuiuirv for I oats, but very few ;i.re offeriii!-. and it, | is believed that tile stocks held in the , country. «.re not large. The Jnrecst re-I ported line during tho week was 500 ,-.ael;s. The prices p-iid hore were 2s. 1;!. net and To. Id., lc-s commission for A srai'c, and for ll.frailc 2f. r.at. nil at country stalioiis. Thare is spinetliins in the nature of a collapse ill tile potato tnnri-.-t. merchants declining to accept the visls of shipping to Australia at this late period of the season. The Auckland market is over siTippJied, and holders there are •reported to be shippinK to Australia. The W-i.itemat.T, which U expected there this week, will take fl.way about 13.000 s.-u-kx. The lowest tales have been made tit £5 10s. net on trucUs, and the opinion is that prices will como lower.

LONDON MARKETS. The Xcw Zealand I/jan and Jlercnnti!-.-Aioncy Company, Limited, r.nd Deduced, h'i.ve received the following rnbicrrtra from their London hoces,'nnilor datc'Ken!cml)or 20:—The market is ear-iev for unitton, s'.iffttly weaker for beef, and the inililiry for lamb is limited. SHEEPSKINS. Hns3rs. James Macintosh and Co. report having received the following cable message from their London agenti, under date of Septomber 51:—"Sheepskina: Crossbred fnll-woalljcl ooarsr, advanced from i to S; crosfljrcil full-vcoollcd fine, unchanged to i iulvance." The Hank Bf Now Zealand has received the following cablegram from its London ofpee, daiad Keptcraber 20:—"Comiiarcd with the average of la*t sales prices for practically ail descriptions of sheepskins show <>■ s-light impi'ovcniciit." FROZEX JIE.\T. By Telegraph—Press Association-Copyright (Bee. September 22, 5.5 p.m.) London, Septemher 21. m' SmUhllc'ld market nnotations for the unilormniiioned clii'tses of frozen meat aro bast'tl on actual pales of not. less than or.e twenty-five quarters uf beef of fair average miality. The tiuotatioiie are not for selected lines, but for parcels fairly renreGentativc of the bulk of tho shipments now on the luEi-lii't. The nricM which follow aro on tli> avi-rage a farthing per ]b. more than the value; cs ship, this difference re.presß'itiiiß an .iveragc cost in ejpense. handling,' conveyance, and seeing the Sept. 14. Sent. 21. Mutton— d. (1. Canterbury, light 411-16 411-16 Canterbury, medium < 11-15 4j Canterbury, heavy 4 9-16 4 9-16 Southland 45 4 9-15 North Island, be?t 43' 4 5-16 North Inland, ordinary ... 4j <J Australian, light — «\ Australian, hen.vv - River Plate, light 13-a 4 o-8 Hiver Plate, heavy t\ 4 3-8 Jiew'Zealand ewes ■ 4J • 41-16 .Australian ewes — «J liiver Plate ewes — — Lam nNew Zealand, light 513-16 53 ' Now Zetland, medium ... 53 53 jNeiv Zealand, heavy 5 3-8 6 3-6 Southland 5J 55 I North Island, ordinory... 5 9-16 5 9-16 North Island, selected ... 5g 5J Australian, best — — Australian, fair — — iij'vcr I'la'tc, first ...'■"■'.'.'. - - River Plate, sccoud — — BeefNew /.oalanil, ox fores ... lh 3& New Zealand, ox hinds... 315-16 33 Australian, ox fores ... 33-16 33-16 Australian, ox hinds 55 35 liiver Plate, frozen fores 31-16 31-16 liiver Plate, frozen hinds 315-16 it Itlvcr Plate, chilled fores 3 3-8 3 3-8 Rivor Plate, elullcd hind* 43 Ji ■Rabbit; are inactive anil firm. Importcm arc highly pleused with the escellent condition. WOOL. (Rec. Pcptcmber 23, 5.5 p.m.l Boston, September 51. The -Commercial l!ul!etiu" that the In'in prices for wool are certain \n rise in tli= near future, ami heavier buying is anticipated. United Stnles iviwl men nwnit the London auction* with great interest.