COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1642, 8 January 1913, Page 10

COMMERCIAL ITEMS.

'' INVESTMENT SHARKS. ' There were , 110 transactions in investment shares yesterday, but there . wero quite a number of quotations, giving evidtoce that the brokers, aro settling down to ' work. The buying and; selling prices were au under:— r .... . Bayers.. Sellers. , £ s.'d. £ s. d National' Bank .....! ....515 6- 6 17 ' 6 N.Z. Loan and Mercantile , ■■(10s.) 0 B 3 ' - N.Z. 'and: River Plate'... ! .l 0 — FeUding Gas- / — , 10 6 Napier Gas (£10) — 21 0 0 Napier Gas (£5) - : . 10,10 0 National .Insurnnoo B 16 N.Z. • Insurance , 4 14 0 - — 1 •S.H. Insurance . — J 14 0 Standard Insurance • 1 11 6 112 3 Meat Export (525. 6d.) — Z 18 0 N.Z. Shipping 14 0 0 ' — Union Steam — 2 7 0 Kaiapoi Woollen 5 5 0 Well. Woollen (ord.) 3 15 0 — Wostport' Ooal 1 6 10 17 3 Taringamutu Totara 2 4 0 - 2.6 0 Golden Bay Cement — 1 1 0 N.Z. Drug' .' 2 9.6 2 10 3 Kharlanus ordinary...... — ' M l :W.F.C.A. - , 7 5,0 . THE WOOL SALE. Owing to the large quantity of .wool to be offered to-day; tho .opaning hour of the sale has been fixed-for 8 a.m., instead of 9 a.ni. The ordor of rale, tho names of tho' auctioneers, and the probable hours at which each will begin Selling ore append, ed:— .Brokers.' Auctioneer. a.nk Abraham & Williams H. Keeling . . 8 Murray, Boberts & 00. 11. Bannister 9 N.Z. Loan & Mercantile —Johnston 10.3 C, Dalgoty iiuci Co, D, B. Carrick 11.30 1 ' p.m. Jaf-. Macintosh & Oo.' ' A, O. O'Connor 3 Levin and Co. ' A. E. Mabin 3.15 ■ Farmers Co-op. W. T. Brunton 4.45 The sale of the'main lots should be over, by about 5.15 p.m. It must. be understood that the hours given abovo are. purely estimates; if the sale goes with a swing the end may oomo earlier; oh the other hand, if tfcoro are many delays or Intervals tho starting hours of tho respective auctioneers will vairy from those given above. Tho "star", lots will bo taken in tho evening. Between 60 and 70 buyers, representatives of Yorkshire, Germany, France, America, and New Zealand will be in attendance, besides a. few speculators in wool, and bidding is expected' to bo brisk. Values will of course be fcigher than they were aV tho January sale of last year, but they are not likely to be higher than tho prices realised last month, and disappointment may await growers who have become imbued with inflated ideas of tho wool market. A fair quantity of shabby wool will bo marketed- to-day, and also wool heavier in grease than was the case at tho December sales. The reserves fixed by some of the growers are in Bome cases said to be very high and somewhat out of propor-, tion to the true value 'of tho staple. TRADE UJ AIiLEN STREET, Vegetables.—Oabbages arc in rather short supply, and excellent prices are being obtained for all choice samples coming on the market. Carrots and parsnips nro eclling well, and consignments can bo recommended. Lettuces being in-heavy Bupply, values have declined considerably. French beans aro in very good domand. « Fruit,—The Tahiti, which arrive from San Francisco and Rarotonga. last week, brought consignments of Californion oranges ana anplcs, also bananas from tho Islands. Tho bananas met with poor sale owing to so much stone fruit being available. Iloavy supplies of pearlies nro coming forward almost daily from Hawko s ' Bay, and -Motucka districts. , Raspberries in 'buckets arc coming In .more freely from Jtotueka, and increased sunplics of tomatoes aro available. The Jtaunjanui, due from Svdney to-day,.is brining light supplies of New South Wales fruit. Poultry—Good condition ducks are in. rhmaml at ss. to 6r„ per pair; hen..?, 3?. to 4-.. cockerels, <<?. to 5».: turkey gobblers. lOil'. to lid. per lb., live weight; turkey hMM, ed. to 9d. . ' Potatoes.— Owing to ihort luppllcs, the 1 market liaj wimccd taw

current quotation being Us. to 14s. for prime sample. These prices cannot be maintained if supplies show any tendency to iucro&ea. , , Onions— Victorian-grown are in heavy supply; snmll lots of Now Zealondrgrown are. available. '. Flour continues at £B 10s. to £8 Its. per ton, f.o.b. 6outh, lees the usual difcoumt. PolLard.—A fair business is possinj at £6 &i. to £6 10s. per ton. liran is slow of sale at £5 to £5 ss. per Maize ie in modorate demand at 4e. Bd. to ss. per bushel. , Oatmeal is without alteration at £13 to £13 10s. ■ Rolled oats, in 41b. bags, are Eelling at 9a. per doson, and oatina. at. 9s. 6d. OaW.—Heavy supplies of discoloured oats are' available at 2s. to 2s. 3d. per bushel. Good bright short-feed oats are ruling at 2s. 9d. tc 2?. lid., feed Algerian Zs. 10d. to Zs. 11(1., and seed Algerian at 3s. 3d. Hay has very little inquiry; prime quality is quoted at £5 per ton. Chaff, prime, is selling at £5 to £5 ss. per ton, sacks in. . Fowls' Wheat—Prime, whole is ruling at 4s. 2d.'to 4s. 3d. per-, biishcl. Fresh eggs have declined in value and are now selling at la. per dozen. Butter.—Prime milled, in bulk, is quoted at ICd. to 10Jd. per lb., and good quality at 9d. ' Margarine, in 281b. tins, Scottish manufacture, is ruling at Bd. to Bid. per lb. Cheese.—Best factorv, medium eize, 63d. per lb.; loaf,7ld.to 7id. Kice meal is dull of sale at £5 lSelpcr ton. Barley meal is in poor demand at £5 per ton. , Pes. meal ie soiling at £5 15s. per ton. Split Poas— New Zealand, 175.; English, 19s. Partridge peas have fair inquiry at 4s. 9d. to ss. 3d. , Whole liheeod is. quoted'at 17s. to 18s. per cwt. CUSTOMS RETURNS. Customs duty collected at the port of Wellington yesterday amounted to £5389 Bs. 6d. ■ ; ' ' ../ OHRISTOHUROH WOOL SALES. \ - (By Telegraph—Press Association.) : Chrlstchurch, January 7. Monday's wool sale promises to be one / of the largest ever held in Christohurch. Particulars' arc not yet available, but it is understood, the catalogues will'" aggregate more than 25.0C0 bales, of which one firm claims 7000—probably an individual record for the Dominion. , ■..-.. ' . '.THE GRAIN . MARKET. '' . Christchurchy January 7. Since last report tho tone of: tho wheat ' market has 'remained quiet, and, as is usual dnring'the holiday Eeason, very little if .any business is recorded. None of the new season's .wheat or oats is yet on the market, and merchants are occupied principally in oloaring up their stores in preparation for the new season's produce. Till th:it is on the market it fe not expected thft-i much will bo done. It: is expected thftt in about a fortnight new cocksfoot will be on the market. Prices generally are still nominal, and as compared .with thise given on December 21. aro somewhat lower. FROZEN MEAT. "' .;' -.. Messrs. Gilbert Anderson and Co. (Messrs. Meilsop, Eliott and Co., local agents), writing under date London, November 29, s-tate: The' foot and mouth disease restrictions for live stock having reported to be removed, supplies ; of - dead meat -to Smithfiold from'lreland-are expected to be considerably reduced in the near future. This should cause a rise in prico ."of. New. Zealand lambs in store, which had already Ghown a firmer tendency. What few sheep there are should also remain at their high values. , . '. " ' Home grown—Beef: Scotch sides, i\a. to tjd.; English. sd. to 53d.; Irish', 4Jd. to s|d.; Scotch mutton, 7d.,t0;71d.'j English, s(d. to 6}d.; Irish and Dutch, 51d. to 6d.; Scotch tegs, 7Jd. to Bd.; English ewes. 4Jd. to 43d.. Lamb: Scotch, 7}d. to Bd.; English, 6Jd. to 7d.: Irish and. Dutch, 5Jd. to 6Jd.; Rcotch Hill lambs; 6Jd. to 7d. Best pork, 7id. to Bd. ■ Veal, Bd. to Bid.'■ Chilled beofrPrices have been maintained, despite (fragging trade. "Forca, 3id.; hinds, '4 •■3-Bi'4 " '■'■'• Frozen beef—There is an-increase in the prices of J'ew Zealand and Australian, but. Plates remain unaltered. New ■ Zealand fores. 3d.: hinds, 3 7-16 d.; Australian, 2)d. and 3 5-16 d.; Plato. 3d. to 3 3-Bd. ' Frozen mutton—Canterbury, 4Jd. to 4?d.; other Now Zealand, 4»d'.; ewes, 4 MM.; Australian. 4 l-16d.j owes, 4d.;'heavy Platesheep, 4 M6d.-' ■ • ', • . ;. Frozen lambs-Canterbury. 28/42, Sid.; 42/50, 5d.; other .New Zealand,'2B/42, 5Jd. .to Md.; Australions can be quoted for the first time. Best sJd.,' fair. 5Jd., inferior. sd. ' ... ... -.„ / LONDON MARKETS. ,' ..' ';. . " Messrs. Dalgcty and Oomnahy, Ltd:; Wei-', lington, havo just received the -follownrj. cabled information from their' London', office, under date January ..• 4:—"Bradford Tops: Since our. last wire, prices are unchanged.".. ■• . .. -, ~-.- ~■ '■■'.■-■;'-. LONDON WOOL SALES;" Z 1 ;. ';; By Press A ssociation-Copyrlght , .' :■' London, January 6. For the next series of wool fales', which' commences on January 14. the arrivals total 282.5C0' bales, of which 149,500' bales havo been forwarded to manufacturing centres., There' will be avallablo for tlio 6alea 135.0 CX) balos.' . 'i ~ (Rec. January 7, ,8.15 p.m.) /'.-■"■■ London, January 7. The wool sales have roopened.' There is good competition, and prices are on a par with the December rates. The New Zealand Shipping Company has been advised that the Tongarlro arrived in London on January 6, in time for the wool sales. r ./ . , V,,...,' WHEAT;' '',' '' ■ ' Dy Telegraph—Proas Association—OoDrrighV :.-.■■'..','--..(Ecc. January .7, 10.45 p.m.) • '■'.'.■■;. London, January 7. The wheat market, is' firm, and there is fair inquiry for cargoes, which are occa: sionally rather dearer. 'Two Australian cargoes have/been, sold -at;37s. 3d. and 375. 6d., a third cargo,'s7oo quarters, of December shipment, at 38s. 3d., and eight thousand quarters for January-February shipment at 383., ;'■' " ;MEAT.., \ London, January 8. Shipments of meat from, tho Argentina include :243,650 carcasses of mutton and 79,00!) carcasses of lamb, 153,090 quarters of frozen beef, and 191,750 quarters ofichHlcd beef. . ,' ~ BILVER. ; ' London, January 5. , Bar silver is quoted at 29 5-16 d.'per ounce standard, '." ' i■'".':-. MINING news; WELLINGTON SHARE MARKET. There were-no transactions in mining yesterday, • but (there were a. fuH number of quotatione, as under:— . - v . . Buyers. ScUers., £s. d. £«. d. Blackwater — 15 0 Con. Goldfields — 0 16 3 Kuranui. Caledonian 0 1 1 0 13 May . Queen 0 0 6 — Mountain King 0 0 2 0 0 4 Murray Creek (new) ../.. 0 4 6 .066* New Sylvia : 010 012 Progress ..'. 0,1 0 09 0 Ross Reconstructed! 0 5 0 .054 Talisman ......./ 115 6 116 3 Walhl .........: 111 6 112 3 Waihi Reefß — 0 0 11 Waihi Grand Junction ... 12 3, 12 0 Waiotahi .'. 02 2, 0Z 4 Waitangi .0.0 7 00 9 •Premium. J STOCK EXCHANGE. j (By Telegraph.—Press Assooiati m.) j - Auckland, January 7. ' Talisman* £1 16s. i. ' Now Wadtaia, 16s. New Sylvia,,ls., . " ' N.Z. Insurance, £4 14s. 6d. The following business was done ftt the 3.15 p.m. call to-day.— ' : Waiotahi, 2s. 2d. Waihi, £1 12s. Waihi Grand Junction, £1 2s. 6d., £1 Zg. 3d. Waitangi Consolidated, 71d. New Waitaia, Is. sd. .Taupiri Coal, £1 2s. 9d. '> :. Auckland Trams (pref.), £1' 2s. .. Chrlstchurch, January 7.Sales reported on the Canterbury Stock . Exchange" to-day wore:— Manning's-Brewery, £4.. New Zealand Shipping, £14 ss. ' ' Dunodln, January 7. Tho following sales were made on tho Stock Exchange to-day:— Waihi, £1 12s. (two parcels). Waihi Grand Junotion. £1 Is. 7d. New Zoaland Drug Co., £2 9a. 6d. The following ertles were reported:— . Union Steam, £2 ss. 6d. (two parcels). ~ Talisman Consolidated. £1 16s. 9d. Standard ' Inauranco, £1 12s. 4Jd. - THE TALISMAN COMPANY. (By Telegraph— Press.Association.) / • Karangahako, January 7. During tho broken period of December, representing 18 dayß, the Talisman Consolidated crushed and treated 2750 tons of. ore tor a yield of- bullion valued at £18,845 lis. lid. . The costs arc higher on account of smaller tonnage. The .costs totalled 475. 3d., made up as foUow:-Mine development, lZs. 6d.; mining, 165... 7d.; milling, 15s; 3d.; general expenses, 2s, lid. The following cablegroin has been' sent to London:—No. 14 level north, progrefs 57ft., reef 17in, wide, op-ay? low. Sunk Tnli loman shift 7ft, Paid trlhuvon for oro ipruaheO, £2«i