COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1596, 13 November 1912, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHAKES A sale of National Bank shares at £6 'was the only transaction recorded yesterday. The Quotations were a 9 under:— . Buyers. Boilers £b. d. ■ £s. d. Equitable Building - 9 16 0 Metropolitan — 12 10 0 Loan and, Mercantile — ,09.3 Well. Trust and Loan ... -t 7 10,0 Ohristchurch Gas '— 8 6 0 Feildiug Gas — 110 .Palmerston N. Gas -.- — '926 Well. Gas (£10) - 17 17-6 Well. Gas (second issue)... — .17 00 Well. Gas (third issue)... - 14 2 6 S.B. Insurance — 315 0 Meat Export-(£4) - 6 0 0 Meat Export (625. 6d.) — ! 0 0 N.Z. Shipping 14 0 0 — Union .Steam' 2 6 6 — Well. Woollen (ord.) 3 14 0 - Taupiri Coal : 119 12 3 Leyland-O'Brien — 18 3 'Taringamujtu Totara 2 5 9 — Golden Bay Cement 10 6 110 N.Z. Drue •. - 2 10 3 Ward and Co SI 0 — W.F.O.A - t 5 0 BHITIBH SHIPPING. According to the annual statement of the.navigation and shipping of the United Kingdom for 1911. the total number and net tonnago of British vos6els with cargoes and in ballast that ontered porta in tho United' Kingdom during that yoai was '37,527, with a.tonna-go of 40,777,500 tons, as compared with 37.961 vessels, with tonnage of 39,641.600 tons In 1910. and 38,121 vessels, with a" tonnage of 39,661,700 tons in 1909. Of the total for 1911. 35,746, with a tonnage of 40,352.500 tons, were steam, as compared with 35,983, with a tonnafio of 39,178,400 tons, in- 1910. and 35,808 with a l-ton-nngo of 39,166,100 tone, In 1909, whilst I Balling vessels numbered 1781. with a tonnage of 425,000 tons, in 191!; 1978, with a tonnage of 463,300 tons, in 1910; and 2313 with a tonnage of 495,500 tone, In ,1909._ Foreign ships entered, with ca/rgoee and in h&llast. totalled 33,198, with a tonnage of 28.387,000 tons, in 1911, as compared with 32,636, with a tonnase of 27,018,800 tons, in 1910 and 33,169, with a tonnage of 26,647,900 tons, in 1909. Of last year's total. 28.591 woro cteam vessels, against 27,907 In 1910 and 28,182 In 1909. with respective tonnages of 26,901,500, 25,530,800, and 25,161,400 tons, whilst 4607 woro sailing vessels, with a tonnage of 1,485,500 tons, as against 4729, with a toiinaeo of 1,488,000 tons, in 1910 and 4987, of 1,486.500 tons, in 1909. The total number of British and- foreign vessels entered, with oargoes and in ballast, thus amounted to 70,725, with a tonnago of 69.164,500 tons, compared with 70,597, with a tonnago of 66,660,400 tons, in 1910 and 71,290, with a tonmage of 66,309,600 tans, in 1909. Figures relating to vessels cleared show that in 1911 British ships, with cargoes and in' ballast, to the number, of 36,947, with a tonnage of 41*108,000 tone, woro cleared at ports in the United Kingdom, in comparison with 36,870, with a tonnaqo of 40,173,500 tons in 1910 and 37,071. with a tonnage of 40,102,300 tons, in 1909. The respective numbers of steam vessels cleared during '.tho three years undor comparison were 34.457, 35,192 and 35,168. with tonnages of :40,748,600, 39,747,600 . and 39,635.800 ton 3, Sallini; vessels totalled-1480 in: 1911, with a tonnage of 359,400 tons, as against 1678, irfith a tonitaee of 488,800, in 1910 and 1903, with a tonwaso of 466,600, In 1909.

In ballast, numbered 33,257 during 1911, n« aifainat 32,697 In 1910 and 3j,3Z4 In 15<W, wiith respective tonnages of 28,636,800, 27,196.400 nnd 26,855,900 tons. The total of vessels oloared, therefore, amotlnlod tti C9,2(f4, with a tonnage of 69,744,800 torus, in eoiliparieoij with 69,567, with a tonnage of 67,369,9W tons, in 1910 and 70,355, with n tonnage of 66,958,200 tons, in 19C9. GEUMAJf INDUSTItt,. A roview of German, iiidtiistry by a Frenchman is not likely to err on the side of optimism, so that when eloquent testimony to ilis. prosperity is given from such a source the silateinents should be accepted without reserve. According to an article published in a Paris journal, the factories and foundries in Germany, with few exceptions, are working at high prosmii'o, and have orders which will keep them occupied until well into 1513. Diviriipnds diutributod last yftir were very high, and those for tho current, twelve months may ho still better. Germany possesses really great, industrials, who know not only how to produce, but what to produce, to suit tho tasto of various markoto. While full justice' is dono to the Btrong points of; Gerfiion .industry, attention ia also called to tho weak spots, oiio of which is that manufacturers havo nn exaggerated contldence in tho help which banks may gdvo them. They are perpetually demanding mioto maney, nr* if the ] banks' rosoiircce were limitiois, and as If there wore no Birch thing as over-produc-tion. A year ago tho "Berlin Tageblatt' remarked that oil will go Well frith Gorman industrials if too many factories and foundries are not built, and the building lias been, bomliiniioua since that date. As long as the banira giro-nt important cfed- j its, and 'by means of issuing eccurittes pass on part of their risks to co-pitalißtß and spoculatoro, all wilt go well, 'I'hls Is no guarantee for the futu.ro, however, and the French critic cousidcrs that tlw tide must turn with tho advent of dearer money. ' HEMP AND TOW GRADED. The Dopartmefit of Agriculture furnish returns showing tho quantities of hemp and tow graded at the ports of the Dominion during tho month of October. Hemp: The total.number of bales graded was 8871, as compared, with ,7349 for the correspondine; month of last year, an .increase of 1522 bales. For tho twelve months ending October 31, tho numbor of bales graded wa-s 93,041, as compared with 95 906 for tho preliioue twelve mouths,. the decrease being 2865 bales. Tow: During tho month 3083 bal<M were dealt with, as compared with 1985 for tho eorrespond<ng month of last year, &tt. increase of 1098 bales. For the twelve months ending October 31, tho number of bales graded was 26,848, ns->against 28,655 for tho previous twelve months, the decrease bciug 1807 bales. Hemp Returns, $ ' i i 1..'! J f I 111 Auckland ... 48 ' 326 826 176 39 12 1,427 Napier — '— . — — — — — Foxton 9 670 2,782 .-60 9 — 3.530 Wellington 65. 1,803 1,207 170 . B - 3,253 Blenheim 35 88 ■ - . 123 Pielon 25 -35 73 21 154 Lyttelton ..' - 12 - 12 DiNicdin ...29 25 19 - J '73 Bluff ■■ - 133 149 17 -.- 299 Totals ... 211 3,052 5,056 444 66 12 8,071 Percentages „ , ... of totals 2.38 34.85 57.80 6.00 .63 .14 100 Taw Returns, ' ■■ list 2nd 3rd grade grade grade Coifid. T'l. AuoMand .......... - 237 281 116 634 Napier -r ' — — — — Foxton ............ 86 664 16 - ,766. Wellington ~. 278 833 119 10 1,248 Blenheim 9 22 - - 31 Picton 76 .'65 68 - 209 Lyttelton ~ - .18 , - - 18 Duncdin - U —. _ , ,1? Bluff ~ 77 98 . 4 lfl . Totals ..» VS 1.930 674 130 3,083 Stripper SUpb. Passed for OonEjport. demned. Total. Auckland 5 — ; 5. Foxton 155 ' 16 171 Wellington ■ 166: 8 , ,174 .-, Lyttelton 24 - r5 . Bluff ...:... 16 - .16 Totals 366 24 390 TRADE IN. ALLEN STREET... Vegetables,-r-Hea\'y supfilies of cabbages aro coming forward-, aid the market has declined considerably. Cauliflowers are in strong demand, and Consignments arc i recommended, i, Much larger supplies of green ipcas'-caiine, forward from. Nelson yesterday, aiid'supplies were also to hand from up the lino; they-■ opened well,, but prices '< docliftctl9sas the sales progressed. Supplies' of rhubarb from the Hutt dis--trict are getting lighter, and the. quality is not quite.'so good as- carlior in the season, due. Up "doubt, to tho heavy winds experienced lately: Parsnips and carrots havo good inquiry, and _ excellent prices ore ruling. Much, heavier, consignments of new potatoes are coming in from the Auckland district, and the market n easier. ■.'',■'••• J. .' ' ■ Fruit—The due from Sydney to-day, is. bringing si. light shipment of oranges, lemons,.ftiid passion fruit. Strawberries aro ebming' . forward, ■ aiid _ prices are much lower than at the opening of the season. Gooseberries are coming, in from the Nelson and Hutt districts, and the Hutt supplies are of excellent quality. Onions—Californian are offering at 16s. to 17s. per case' of about 1001b. Old Potatoes.—Good table sorts are selling at £11 10s. per ton. Flour is ouoted at £8 10s. to £8 15s. per ton, f.o.b. south, according to brand, and less the usual trade discounts.' Pollard is. quoted at £6 16s. to £6 155.. per ton. ' ' Bran—Moderate sales are being., made at £5 ss. to £5 IDs. per top.-Maize-South African, is .ruling"at 4s. 10s. to ss. per bushel; INew Zealand. ss. to 6s. 3d.; imported 6eed maize, "Hickory King," 6s. 6(1. ' '" Oatmeal.—The market ia slow at £13 fo £13' 10s. per ton. - Oats have fait inquiry. Short feed and dun oats, 2s. 9<i to 3s, pj)r. bushel; seed. Algerian, 3s. 3d. to 3s. 6d. Heavy supplies of discolourod oats are available at lower figures. ■' i Hay—A good demand is being experienced for prime rye and -clover hay, for feeding racehorses, and -the nuotati'on stands at £5 10s. per ton: medium quality is difficult to quit at, £3 10s. to £4, Chaff.—Tho market is bare of prime oaten sheaf chaff,' which is quoted at £5 per ton, sacks In; medium quality, £4 to £4 ss. Fresh eggs afo in short supply, and are quoted at .la. per dozen. Butter—Heavier consignments are coming forward; prime mfiled ia bulk, is selling at Ud. to llld.i good quality, lOd. per I lb. Margarine, In 281b. tins. Scottish manufacture, Bd. to BJd, per lb.; Dutch manufacture, in 661b. tins, 73d. Cheese—.New season's "factory made, medium size, 7d, per lb.; loaf. 75d. to 73d. 'Ricemeol is elow of sale at £5 15s. per ton. Split peas, New Zealand, 17s. per ewt. Partridge- peas have fair inquiry at 3s. 9d. to 4s. 3d. per bushel. Whole linseed is in fair demand at 17s. to 18s. per ewt. Linseed nuts and. crushed linseed cake aro selling at 13s. 64.. and 14a. 6d. per ewt, respectively. Customs' duties collected at the port of Wellington yesterday amounted to £4197 14s.' . GKAIN.AND PRODUCE. (By Telegraph.—Press Association.; . ; Chrlstp.hurdh November 12, - ; The local grain and produce market has scarcely settled .down since tho holiday,' and it is' Teuorted that thero Is very ■ little business doing. Tho wheat market keeps steady at about 3s. sd. at country stations, with very little offering, and no particular Inquiry. Thero has been some demand for oats for filling Bpoeo engaged in the Surrey, now loading on tho eooat for West of England ports-, but most of the grain will go out of store, and it was stated that this shipment will pretty well clear up stocks on hand. Tho potato market ia now almost Ovof for the season. Few orders are now coming to' hand, as tho new season's early crop is now on tho market. Sales havo boon mads during the week at £8 10s. and £8 12s. 6d., and it Is stated that up. to £9 has bden paid. NEW ZEALAND AND AUSTRALIAN LAND COMPANY, By Telegraph—Press Association—Copyright (Rec. November 13, 0.35 a.m.) tondon, November 12. Tho report of tho New Zealand and Australian Laud Company shows a profit of £261,412. Tho sum of £59,CC0 is added to the contingency fund, and £11,412 carried forward. ARGENTINE MEAT SHIPMENTS. (Reo, November 13, 0.35 a.m.) L'ondon, November 12. The Argentine meat sMr-fenti 'liirini October were:—Mutton, 255,00S oaroaSses; lamb, 45,000 carcasses: froien bcei, i6o,i»u quarters; chilled beef, 175,000 quarters. ; SILVER. I-bndon, November 11, Bar silver is quoted-at 28 13-l6d. per ounce standard,