COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1647, 14 January 1913, Page 10

COMMERCIAL ITEMS.

INVESTMENT. SHAKES. •'-. '.' Gear Meat' Sh'areß (£4' paid) changed hands yesterday' at £12 65., and Wellington Woollen ordinary at £3 15s. 6d. The quotations were as under:— ■■■■': Buyers. Sellers. ■" ■''";■:' £s. d. £a. d Bank Now Zealand ...;..... 10 19 0 ■■—■•- National.Bank ........:...;...; 517 0 5 19 0 N.Z. Loan and Mercantile'!) 8 4 . — N.Z. and River Plate ...... 2 1 6 : - Well. Investment '—.'/'■ , 011 6 Well. Trust and Loan ... - 710 0 ....: — 10 3 Well. Has (third issue) ... .. —i ■' 14 15 0 S.B. Insurance ..».'. .*... v.—'•.■.■■ 314 0 Standard Insurance '-.......! .—,'- 112 3 Gear. Meat (£4) ' ; 13 :0 0 Fi.Z; Shipping 14 0 0 ' —• '. Union • Steam — ,27.0 Kaiapoi Woollen ............ — ' 55 0 Well. Woollen (ordinary) 3 15 0 — 'Golden, Bay Cement — 110 N.Z. Diug . . , - - ' 210 3 Sharland's ord. ■" — 110 W.F.&A. ■■.- ,; 7 5 0 .'.',' LONDON WOOL SAI/ESr~ : Tie 1 first of the series of London wool sales for the current year begins .this even-' . ing in Coleman Street, and the brokers should: have their private cablegrams early/to-morrow reporting on the tono of the sale... The market ought to bo very Arm, even if there is-no advance in values. The Quotations for Bradford Tope just prior to the opening of the November sales and the Quotations-last week give an indication of what, might be expected. The figures are as'under;—. ■■•'•'■ N0v.1912. Jun.1913. ■■■•'■ '.',,- ' . r. d. . , .d. Sixty-fours ..'.... 29 . 29 '■ Super sixtteß 281 28 . 'Common sixties'.....;. 27- ■•■:'. 27 . - .. .' Fifty-sixes - 221 223 ' ■ •.■'.■ Fifties ■■ 21-v 21} : Forty-slxe's '......'.'. 163 *• W' • . ...Forties ;.■..;. 151. ( ; 16,'.. ■'The lower counts have advanced a ' farthing per lb., so that it is just pos- '.' 'sible there may be a slight riee in coarse ;' wools. ',; WEST COAiiT GOLD. '■.':.. 1 \" The quantity end value of gold exported ! from 'Greymouth during each of the past > three years were as-under:— , .:■'-'•' ■':■'• Yalue. Year.' ':"•:'■'■ Oz. £ ", . , 1912 ..';..; ...,69,357 235,214 ' 1 .-,- 1911-, ;.............. 83,609 . 333,492 >, "v .. 1910 ;....,.;.. 81,235 . ; 315.21Q ' '. There was a decrease last ycar'of £98,278. 1 Oommenting.on this, the Greymouth "Even- ' ing Star" points out that this does not J alone' represent tho cost of the, Iteefton i dispute to the community. . "Not only have s the loss of employment, dislocation of the r' industry', and diminished property values ; to be taken into conflideration, but a more serious fact forces, itself to the forefront > at this juncture. Confldonco has been rudely shaken in tho industry, not on account of any misgivings as to it. affording a lucrative held for the investment of capital but through tho fear, ever piesent, ol labour troubles. During the coming months It will be tho duty of thosocon. cernod in this important industry to dc 3 their utmost to rostorc that stability e which was so conspicuous by its absence t last year and thus pave the way for the i- coming period, which scema destined w

bring with it the systematic and rapid development of our goldfields." PROPERTY SALE. Messrs. H&rcourl and 00. advise that there was a. fair attendance at their rooms yesterday, when a seaside property at Jluritai was offered for sale by auction under instruction's from Mrs. Nodine. The • bidding was good, and tho property was 1 eventually knocked down to Mr. J. Smith for tho sum oi £235. ' Customs duties collected at the port of 1 Wellington yesterday amounted to £3864 ■ 15s. Ltd. ■'■•■■.• HIGH COMMISSIONER'S CABLEGRAM; Tho Deportment o! Agriculture, Iniloo- • tries, and Commerce has received tho fol- ' lowing cablegram from tho High Commfs--3 sioncr for New Zealand, dated London, Jan- < uary 11, 1913. (Note: Quotations, unless ', otherwise specified, are average market ; prices on Bpot):— ' Mutton.—There has been no alteration la i the market since last week. North Island, 1 IJd. per. lb. ■ • I Lamb.—The market is firm; a few of this season's North Island arrived, realising 63d. per lb.; last season's Canterbury, •53d. ■ ' . ■■ Beef.—Tho market is quiet.. New Zealand hinds, 33d. per lb.; fores. 3£d. Butter.—The market is quiet. Prices hro slightly weaker. December imports were 26,923cwt. more than the same month last II year. Tho season continues unfavourable e for sales on account of tho fine weather. • Irish, English, and Continent production

is rtill considerable. The average price for tho week for choicest New Zealand butter, per owt„ is 1175.; Australian, Ills.; Argentine, 110s.; Danish, 128 a.: .Siberian, tlCs. Cheese.—The market is-dull. There is less demand. Somo holders aro forcing sales. English ohcese is plentiful. New Zealand, 60s. 6d. por owt.; Canadian, 62a.; English Cheddar, 70s. Hemp.—The market Is quiet, but. firm. Spot: Now Zealand, good fair grade, per ton,'£33; fair grade, £31 10s. Forward ehipment, about the same prico; fair current Manila, £34; forward shipment, £35. Tho output from Manila for the week was 22,000 bales. ■J , . •River Plato shipments received during the month of December, 1912:— ': Mutton, Lamb. London ' 64,310 50,560 k Liverpool 113.688 ■ 37,633 Cardiff '■ 6 345 a Hull 7,339 -Nil i, Southampton ■.; 45,602 9,728 T Plymouth 702 150 . Nowcastle ■■....... 8,384 .Ml J 240.031 98,416 ■ December, 1911 284,681 '128,465 . ■ PATEIWN, LAINQ AND BRTJOE. LTD. By Teleeraph—Press Association— Copyright . . . London, January 12. Messrs. Paterson, Laing and Bruce, Ltd., the Australian 6oft-goods warehoueemen, are issuing £100,000 in 43 debentures at par. Half of the. issue has been, underwritten. ■';'■••' . LONDON MARKETS: London, January. 12.' , Jute—Native first marks, January-Fcbru-aiy shipment, £26 ss. por ton. ' New Zealand Hemp—The market is steady and prices are unchanged. January-March shipments, £33 15s. per ton. .Rubber,—Fine hard Para rubber is quoted' at 4e. 65d. per lb. ' ' Cotton—January-February, 'Shipments of American middling cotton are selling at 6.73 id. per lb. . ' ; Copra.—There is a fair demand, South . Sea. in bags,,£26 10s. to £26 15s. per ton. . Wheat,—Market quiet and prices unchang- . cd. An Australian cargo sold at 375. 9d.; 17,000 charters South .Australian-Victorian, December-January, at 375. 6d.; and 12,000 to 16,000 Quarters of February-March at 375. 3d. WHEAT AFLOAT. ~v -■ London,' January 12. Shipments of wheat and flour afloat on January 11, compared -with a year ago, were:— Jan. 11, Jan. 13, . 1913. 1912. Quarters. Quarters. United Kingdom 1,710,000 -2,425,000 Continent : ....'1,590,000. 1,115,0C0 . '3,300,000 3,540,000. Tho wheat shipped from the Atlantic and -. Pacific: Coasts of 'North America daring the past week and for the corresponding week of last year, is estimated by "Bradstreet's" to be:— Atlantic Coa6t ...488,000 187,000, ■Pacific Coast .....:.. 14,000. 23,000 ■'■•'. 602,000 210,000 ,The total shipments to Europe from all . exporting countries during the week amounted to 1,090,000 Quarters, including 50,000 from Australasia, as against;9oo,ooo quarters, including 182,000 from Australasia .for the corresponding week of.last year. ;. ' , SYDNEY FLOUR MARKET." ' (EecV January 13,'11.25 p*m.l . 'Sydney, January 13. Flour has been reduced by ss. a ton.