COMMERCIAL ITEMS.

Dominion, Volume 5, Issue 1554, 25 September 1912, Page 10

COMMERCIAL ITEMS.

INVESTMENT" .SHARES, A sale of New Zealand Consolidated Dental at 21s. was the only transaction recorded in investment shares yesterday.- The quotations were as under:— Buyers. Sellers £ «. d. £ s. d Bank New Zealand — 11 1 0 National Bank 6 16 — Equitable Buildingj - 10 0 0 National Mortgage 3 18 6 — N.Z. Loan and Mercantile — 0 9 3 Palmerston North Gas ... 9 0 0 - Well. Gas (£10) - 18 2 6 Well. Gas (pref.) - 110 Meat Export (525. 6d.) ... — 3 10 Westport Coal ..' • — 18 3 Wcstport-Stockton - 0 4 0 Taringamutu Totara — 2 6 3 Golden Bay Cement 10 3. — ,N.Z. Portland Cement 1 7, 0 — LONDON WOOL SALES. Cable advices respecting the tone of the market at the opening should be received in Wellington this morning, and the advance in prices which is certain to be recorded will be based on the closing quotations of the previous tale, whith for New Zealand wools were as under:— Scoured Wool—' '■ d. d. Good ' :... :. 21 to 22 "jVvcrage ; 18 to 19 Greasy wool— ' Superior 121 to 13J , Average to good 10 to 11 Inferior 81 to 91 Crossbred, fine 13 to 14 Crossbred, average 101 to 111 Crossbred, low 9 to 91 Crossbred, lambs 85 to 101 Crossbred 13 to 141 Lincoln 10 to 11 .

TRADE IN ALLEN STREET. Vegetables—Rhubarb is in heavy sup-, ply, and is cuniing forward almost daily from the Lower Hutt. Spring cabbages and cauliflowers are bringing extreme rates, and.consignments can be-recommend-ed. Parsnips aro ruling at extremely low rates, whilst good'table carrots are in excellent demand. Good heavy lettuces are in strong demand,, and high prices are obtainable. ' „ , FTuit—The Maunganui, due from Sydney to. day, is bringing the usual weekly ahipiuent of, mandarins,' passion fruit, Seville orangee, pineapples, sweet oranges, and loquats. Apples are in good supply, so also arc hotr house-grown.. tomatoes and cucumbers. Transhipments of Island oranges, ex Hauroto. at-Auckland, are due on Friday. Potatoes—New potatoes are in excellent demand at 4d. to 41(1. per lb. Old toes ore in'.full'supply, hut a large proportion of the-shipments are now arriving in poor condition; the current quotation is £7 10s. to JEB 10s.; seed potatoes, £5 to £10 10s.;: according to variety. Onions.—The market is well supplied with Calif.omiari,'.and.prices range from. 15s. to 163. per cwt. '.'•„.,. . „„ ... flour is ruling at £8 lCs. to £8 155., f.0.-b.-south, according to brand. Pollard lias good inquiry at £6 10s. to £6 15s. per ton: '• Bran is in heavy supply, and dull of sale at. £5 ss. to £5 10s. per ton. , ■ Jlaizc.—A fair inquiry is being ..experienced for tho-.seed variety "Hickory King, whioh is selling at 6s. to 6s. 6d.; feed maize is quoted at ss. 3d. ■ Oatmeal is rather elow of Eale at £13 10s. fo'-fM per ton'. ' Rolled oats in 41b. bags are selling at 9s. per dozen, and oatina at 9s. 6d. I Oats meet with very little inquiry. Short feed - and Dnn oats rule at 2s. ?d. to 3s. per bushel,'seed. Algerian 3s. 3d. to is. to. Hay is dull of eale at £5 to £5 10s. for rye and clover. ' ; Chaff is in ample supply. Prime oaten eheaf.. £.4 10s. .to £5. sacks in; medium quality, £3 10s. to £4. . Fresh eggs, find ready Eale at 101 d. per Butter—Prime milled. In bulk, Ud. to lUd.; good quality. 9d. to lOd. Margarine, in 261b. tins, Scottish manufacture. Bd. to Bid. per lb. . ' . Ohccse.-Bcst factory, medium size, Yd. to 7Jd.; loaf, 73d. '''■(„.,. ■Rice meal is selling a't.£o 15s. per ton, and rice flour at £6. Split peas are quoted at 17s. per cwt. Prussian Blue peas are slow of Eale at 6s. 9d. to 7s. per bushel.; Partridge peas aTe being .fed to poultry owing to the low prices. The current quotation is 3s. 9d. to 4a. 3d., according to sample. .... , .„ ca Whole lin~ced has fair inquiry at 17s. 6d. to 18s. per cwt. ■ ~ Linseed nuts arc selling at 13s. 6d. per cwt. . ' , ~ . Crushed linseed cake, 14s. per cwt..

Customs duties collected at the port, of Wellington yesterday amounted to ±3862 115.'2 d." '

HIGH COMMISSIONER'S CABLE. The Department of "Agriculture and Commerce has received the following cablegram from tho High Commissioner foriNcw Zealand, dated London, September 21. (Quotations, unless otherwise specified, arc average market prices on spot):— • Mutton.—Tho market 13 slightly weaker, with less demand, on account of the high prices, blit etock is'moderate. Holders are firm. No change in- prices-vis., Canterburv, 4Jd. por lb.; North Island, lid. liauib.—Tho market is quiet. The weather lately ha 3 been very unfavourable totho sale, of lamb. Supplies of home-grown lamhs are heavy, and are lowering the prices of New Zealand lamb. Canterbury, 6|d. per lb.; other than Canterbury. 5Jd. Beef.—The market is firm, although large supplies are coming forward.. Plate chilled curtails the retail demand. New Zealand hinds, 33d. per lb.; foros, 3}d. Plate, chilled hinds, Aid. per lb.; fores, 3}d. Buttor—The market in very firm, with a brisk demand for best quality, but for ordinary quality, of which a large quantity is on hand, a poor demand continues. Prospects arc uncertain, and speculative. New Zealand, in second hands, nominal, 1225.' per cwt.;' Australia, - 114 a.; Danish, Uls.: Siberian, life. : Cheese.—The market is nuiet, little doing. A good feeling prevails. Canadian. 655. 6d. por cwt.; English Cheddar, 735.; New Zealand, at second hand, 675. Hemp.—The market is firm. There is a hotter demand. A good business has been done in distant deHveries-October-Decem-bcr, New Zealand, "good fair" grade, JE27 ICe. per ton; "fair," £26; "fair current" Manila, £28; January to March. £28 10s. Tho outout from Manila for tho week was 18.000 bales. Stock New Zealand hemp, 1025 tons. Wool.—Market rcma.in.3 firm, and prices have slightly advanced for all grades of merinos. Cocksfoot Seed.—The market is quiet. Continent, good quality, is selling at low price.' Linseed.—The market is firm, with a hardening tendency. Bombay. 635. 6d.; Calcutta, 623. 9d:; Plate, 66«.; New Zealand (nominal), 665. 6d. Wheat.—The market is nuiet, but steady. Englishes inunsatisfactory condition. New Zealand long-berried, ex granary, per quar-ter-of 4961b., 40?.

i Oats—The market, is firm, with more innuirv. New Zealand short stuiiTowhillp. 265. '6(1,

. Pea;.—The spot market is 3tendjr, but demand is principally »p«ulaUTe. Saw Z&alaad. s«iKttKS».,4toi ttij •

Beans.—The market ie steady, with an improved demand on account of the English crop boir.g in a bad i-nndilion. New Zcalnml beans, f.a.n.. new crop, per 5C41b.. 38?. 6(1.

uiiAiN and produce. tßi Telegraph.—Press Association.) Chrlstchtirch, September 24. There is still a, fair inquiry for oats'per shipment, though only few are coming to hand. The shipping i-paee available is small. Even if n large supply of grain were offering it would be difficult to make arrangements for cxDortins. There is no movement whatever in wheat. Potatoes are ftill dull. There is no demand lor export to Australia, the lateness of the season making it risky to ship i-uch a. distance. Northern markets are apparently well supplied, and arc not prepared to pay the prices lately ruling in view of the fact that competition for the Australian trade has ceased. The price 1* nominally about £6 at country stations.. Brisk retail business is donig in all kinds of agricultural seeds, the long spell of fine weather having enabled the farmers to push on the spring work. BANK-OF ATJSTHALASIA, Br TeleeraDh—Press Association— Copyrlcht (Itec. September 24, 10.30 p.m.) ' London, September 24. Tho Bank of Australasia report states that the deposits total. £18,196 527 • cash' and securities,; £7,682,293; bills, £17,065,355. BEET SUGAB ■PRODUCTION. London, September 23. Herr P. O, Licht, the well-known- sugar expert of jUadgcburp, in the monthly circular, states that the production of beet sugar in Eurouc shows a decrease of 1685,000 tons. He estimates that for the season there will be a total falling-off of 1,759,000 tons.

SILTEIt. London, September 23. Bar silver is quoted at 29 3-Bd. per ounce standard. '