COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1573, 17 October 1912, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHARES. N-> business was done in investment. Flnrcs yesterday. 'Die quotaliouß were ns under:— Buyers. Sellers. £ (1. £s. rt. Bank New Zealand U 0 0 11 3 6 National Bank — 6 2 6 Equitable Building —. 917 6 N.Z. and River Plato — 2 2 0 Well..Trust, and Loan — 7 1(1 0 Fcilding Gas 10 6 — Pulmorstou North Gas ... 9 2 6 ~ Well. Gftfi (£10) — . IB 0 0 Well. Gas {third issue) ... — 14 12 6 Well. Gas (pref.) — 10 9 National Insurance ....... 2 0 0 Standard Insurance 112 0 — Gear Meat (£1) 3 4 0 — Meat. Export (£4) — 5 0 0 N.Z. Shipping 14 0 0 — Union Steam — . 2 6 6 Hikurangi Ooal 017 6 — West.port Coal — 18 6 Leyland-O'Brien 16 6 17 0 Taringamutu Totara 2 .6 9 — C. M. Banks, Ltd — 110 N.Z. Drug — 211 0 Sharl&nd's. ordinary .... — 12 9 W.F.C.A. (£5) 615 0 - WF.C.A. (£1) — 18 0 'frozen meat. In writing on frozen meat, under date London, September 6, W. Weddel and Co. state that, although the general demand ' for lambs' at Smithfield and in the provinces} is still quiet, values ehow a Blight improvement. This has been brought about by the speculative buying which has recently taken place in view of the light stocks that are now afloat. Buyers are also anxious to cover their requirements for the'next eix weeks. The improvement is more to be noticed with regard to heavy lambs, values for 'which have advanced quite id. per lb. The rapid advance in values for mutton, however, is mainly responsible for this improvement. Prime Canterbury lambs, n.-361b., are quoted at 5Jd.; 36-421b., 58<1.; and 42-£6lb., 51d. per lb. Southland and North Island lambs are selling at id. to Jd. under these I quotations. Light-weight lambs arc a 1 st?ady gale at s&d. per lb., and the few 1 Australian . and River Plate lambs avail- 1 able realise from 4Jd. to sd. per lb., ac-1 cording to weight. There has been a very I good demand for mutton, and, with stocks so very short, prices show a "further ad- 1 vance. With regard to Australian sheen., the few available realise from <&d. to'43d. 1 per lb. Small Australian ewes fgIJ at about , 4Jd. per lb. River Plate mutton is also very.. scarce, and realised from 4Jd. to ; 4gd. per lb. Iu beef, nlt-hough chilled 1 prices- have improved, they , are still lew, 1 and until a considerable advance take* ! place for this class of meat frozen beef will 1 meet with a low sale. The limited quantities available arc rosponsibb for the ! steadiness of price.") ruling. Australian , crops are quoted at 3d., hinds 3!d. to 35d.; New Zealand fores 3&d., hinds 3?d. ts 3?d.; River Plate fores 3d., hinds, 33-d. to 3£d. per lb. Chilled beef closes at 3d. for fores and 4£d. for hinds. HIDE AND SKIN "SALE. Messrs. Williams and Kettle, Ltd.. Dannevirke, report on their wool, skin, and hide sale, held on October 15:—Our catalogue comprised 30CO sheepskins, also 60 odd bales and bags of wool, 160 hides. 350 cn-lfckins, and ICO packages tallow. For one line of fine crossbred skins we topped the local market by Jd., receiving the excellent value of lb. In coarse to medium crossbrcds we offered the record number of.over. ICCO sheepskins in one lot, whioh we believe to be a record for the North Island this year, and which realised the splendid figure to our vendors of Bid. per lb. In calfskins our top pricc was Is. per lb. for a line of superior calf. Included iu our catalogue for bag dead wool, on behalf, of Messrs. L. C. Rathbone and T. N. A'Benr, we realised the satisfactory price 1 of 82d. per lb. Wool: Crossbred stragglers, to 72(1. (rough); crossbred dead, Bid. to &2d.; crossbred black, 6id.; bellies, 6d.; crutchingiS, inferior, 3d. to 6Jd. Shespe.kins: Fine crossbred, 83d.; coarse to medium, BJd.: inferior pelted, sd. to 7jd.; orossbrcd, dead, 63d.; inferior, 6d.; dead hoggets, <3id.; ssd.; Crossbred, salted (light), 7s. 7d. to 63. 6d.; dead, 2s. 6d. to 3s. 7d. Hides: Ox, 7fid.: row (gocd), 63d.; medium, 6}d. to 6£d.; cut, 5J?d.; slippy (inferior), 3d.: dry, 4d. to sid. Calfskins: BeM, Is.; medium, lld.j meaty, iOd.: cut. 6.\d.; slinpy, 5Ad.; dry. le. 4d. each. Tallow: Tin*, rendered, 2<». 3d., rough fat.. 12s. 6d.; horsehair, is. 4d. per lb.; cowtaile, Is. 3d. per dozen. Customs duties collectcd at the .port "'of' Wellington yesterday amounted to ' £1897 fis. 9d. BANK SHARE QUOTATIONS. By Telegraph—Press A6sociation—Copyright London, October 16. Yesterday's closing quotations wore:— Bank of Australasia, £116 (buyers), £118 (••ellers): Now South Wale*. £45 and £46; Union Bank, £53 and £55. WHEAT. (Rec. October 16, 10.20 p.m.) London, October 16. Tho wheat market is quiet, and there is an easier tendency. ( Pi«t, October 16, 11.35 p,mJ. London, October 16. The American visible wheat supply totals £1,853,C0D bushels. THE METAL MARKETS. (Rec. October 16, 10.29 p.m.) London, October 16, Copper.—On spot, £75 is. 6d.; three months,' £76 2s. 6d. per ton. Tin.—On spot, £224 55.; three months, £223 5?. per ton. Lead, £21 ss. per ton. • SILVER. ■ ■ London, October 16. Bar silver is quoted at 29 5-16 d. per ounce standard.