COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1653, 21 January 1913, Page 8

COMMERCIAL ITEMS.

, INVESTMENT SHAJRES. ' Thoro wore no transactions in investment Bharos yesterday. 1 The quota,tlona were as under:— Buyers. Sellers. £ a. d. £ s. d N.Z. Loan and Meremntllo 0 8 4 — N.Z. and River Plato ...... — 2 16 Well. Investment ; — . 011 6 .FeUding Goa —. 10 3 Well. Trust and Lon.n, ... — 7 10 0 Well. Gjs- (third issue)... 15 6 0 15 10 0 National'lnsurance <2 2 0' — 8.8. Insurance — 314 0 'Meat Export (£4) — 4 19 0 N.Z. Shipninc '. 14 0 0 — Kaiapoi Woollen — 5 5 0 Well. Woollen (ordinary) 3 15 0 — Weil. Woollen (prei.) — 217 6 Golden Bay Cement — 10 3 N.Z. Drug ' - 2 10 0 Sharland's ordinary — 110 Ward' and Co — 5 1 0 Customs duties-collectod at the port of Wellington yesterday amounted to £6563 17s. 2d. ' HIGH COMMISSIONER'S CABLEGRAM. The Department o£ Agriculture, Industries, and Commerce lias received the following cablegram from the Iligh Commisfor New Zealand, dated. liindon, January 18. (Note—Quotations, iin'ers •otherwifo specified, are average market prices on spot):— Mutton.—The market io vory Arm on ncL oount ol a small supply, A ooatinuajico

of high prices, is anticipated. Canterbury caanot be quoted; North Island, JJd. ner lb. , ...

Lamb.—The market ia firm. There is a. good' demand, especially for beet quality. New Zealand, new season's, 6Jd. -. per lb,; last season's, 5Jd. A large supply of Australian; many caxcassea of inferior quality. Australian, 5Jd. per lb.; Hiver Plate, old. • '/ ' ' ;

Butter.—Tho matket is dull, on account of lieavy arrivals..' The supply of margarine is large, aud is a serious competitor. The average price for the week for choicest New Zealand butter per cwt. is 1163.; Danish, 1275.; Siberian, 1095.: Australian, 110s.; Argentine, 110?.

Cheese.—The market is steady.' Thore is moro demand, which is principally speculative. The average- price for the week for finest New Zealand cheeEe, per cwt is 60s. - - ■

■ Hemp—The market is firm. . There 'is a 'general and .active demand. A good speculative business has been'done. ' Reports from Manila- indicate a strong market Spot: New Zealand good fair' grade, ner ten, £33; New Zealand fair grade, per ten, £30 10s,; fair. current Manila, £33' January-March shipments: New Zealand good fair grade, per ton, £33 1f.;.; fair gra-do, £31 10s.; ■ fair' current Manila,' £&*>. The output from -Manila, for the we»k was 25,000 bales. . Stock,.-New Zealand, 336 tons, - '•./. • ~ Kauri s .Gum:—'The market is firm] with improved demand. Dark brown s»lccted rescraped, 120s. t'o 1605.: dark brown threequarter .soraped, 85s. to 95a.; dark brown chins,, drossy, 355. to 455;; rescraped , pale cimber. £10-to :£l2; throe-quarter pale sora-ped, £8 to £9; diggers' chfr.e, good, 60s. to 705.; 174'.cases were offered. All sold, btook at end of December, 157 tons. ' Wool!.— I The 1 market shows eigras of strength. Americaais axe,ln the market buying freely. ■' . / :. 1 • . ' LONDON WOOL SALEB. . By. Telegraph-Press Assoclatioiii-Oopyrlßht .-London, Januajy 19. At the wool sales there was-a strong market, and' «, large selection. ' Prices were fully:maintained, .The -amount catalogued was 40,345 bales, ajid 38 234 wero 'sold. .. \ .', Tho following are'prices realised for tho fleece portions of : the clips'named:—'"Eunuroa,' highest price, 13Jd., average 121 d.: Dumgree, 14d._-and -'13id.; "LansdoTOo," lsd. and 14Jd.;,"Poukawa, , 15Jd. and 14Jd. /BANK ;OF ENGLAND RETURN... By Telegraph—Press Association—Copyright .y ' (Rec. January. '17, 11,25.p.m.), _ January 17." ■The Bank of England return issued for the week ended M ednesday, January 15, is as under:— , ;- . Issue, Department . Koto I«su» £52,711,000: Gov.dobt -- £11,0X5,000: - : Other securi. ' ' - ' ] " n'i?- >" - 7,434,000 >. Gold. ..... ... sjo^ooo - ■ £5a.7ir,003 !■'.■<■> _ £52,711.000 ... Banking Department 1 • PropriMors'.,- , *.' / Govt, seourl-' -' capital £14.553,000 / .ties.;.: .':.. £131035,000 Public do*,. , - Other securi--1 ...10.663.000 • ties..; 1 ' ... 31.677,005 Otborao-, '.• 1 •. ; posits .« 41.485.000 -.Notaa" • : 24.632.00J Rest,7-day »' , •t- • and other ' . •Y' .JiiU53.530.C03 C01a... . ~ ...'1,013.000 f70.a57.00j', , £70.6i7.000 ,Tho leading itepis •of tW ; Bank' of. Eng. and .return- afford' the following ; compari, ion".— .-. ■ -. . ' . Thisweai laaiweak Lastyoar .' £ . ■£ ■■:■.£ '. Bullion ..." 31,262,003 32.130,000 3C.451.000 Rosorvc ... ..: , ,25,645.000 22.230.000 27.713A10 S'ote circulation 23,079,100 - 28.044,U00 PublicDoposita : 10,669.000 .'9.614.000 16,064.000 Dther Deposits -- ■ 41,485,000 41,788,000 30,6i0.000 Proportion of.: ;■ - j ; reservo "to ,/.- ■' '. ; •, i./.- '/; / ... ' / liabilities ... / 40.10.. . 45.00.' " ; r 45.04 • '. , ',; GOVEHNJIENT SECURITIES. ■ The following are tho latest quotations or Government securities,; with a -comigrison of thoßO ruling -last week' 1

- ' -;, ' FEOZEfT JIFAT. ; ly, Telegraph—Pross. Association-Copyright . London, January'l9.' ' . The Incorporated Society of Meat Imporlirs' 1 Smithneld market, quotations for the indcrmentioned.:clot-,sos.o£ frozen meat'aro lascd on actual sales of not-less than one lundrod carcasses of mutton or lamb: or .iventy-five quarters ,of beef of fair aver-' igo/quality. The quotationa! are not Mr elected lines, bat for parcels fairly, reprc:entative of tho bulk of the shipments now in tho. market,.. The prices ..which follow ire on the average a/fartbjng-per lb. more .ban-.the values, ex- this difference cpresenting the average' cost in expense/ handling, conveyance, - and -..selling-< theneat:—. -./■:/ ./■/''■' ' ;. ■/ i '. ' ; -. Jan.ll. Jah.lß. ■futton— (1. d: Canterbury, l light * , * ; Canterbury, medium * * (.aiitHiroury, heavy . • - • Southland - * North island, best ♦. ' • ' Morth Island, ordinary ... 43 <5 . Australian,' light 315-16 < A ■ Australian, heavy * . 3J Hivor. Piatt-, light.;. • ' ' • • . • , Eivcr Plate, heavy .;.... 3 3-S 31 New. Zealand'ewes ■ ,* Australian ewes 315-16 . 315-16 River Plato ewes • . * amb— Canterbury, light 5J 53. Canterbury,, medium 53 ...53 • Canterbury, heavj ............ * ■*. Southland ' ,* . » . North Island/ordinary ;.. * ■/ • North Island, selected ... . • • Australian, best -5} > 5J Australian, fair ' 51; Auptralian, inferior 5J' : '.-6 ' ' Eivcr. Plate, first :...' .• . ~ •, . River Plate,- second •.. • . • ieef— . Now 'Zealand, ox fores ... 35' . 31: New Zoaland, ox hinds... 311-16 311-16 Australian, oi fores 3-3 Australian, ox hinds 31 1 .'3l Eivcr Plate, frozen fores- 3 , ' ■ J. Eiver Plata, frozen hinds 38 33 - River Plate, - chilled fores 31 3 3-8 - Eiver Plate, chilled hinds 3J 33 / 'None offering. • Rabbits.—Tho market is firm, and priccs re unchanged. . '

HIDES AND LEATHER. London, January 19. At the hides Ealos, Queen6landg brought 9Zd; a.nd 8 lW6d.; Sydneys,- 8 11-16 d., BJd„ ■and 8 fßd. . .. , Leather.—Best hoavy 'Sydneys, 13d.. Hid., and. 131 d. WHEAT MABKET. , , London, January 19. The wheat market is firm for near position?, ajid quieter for distant; 40s, 3d. is being asked for South Australian sailer; off coast; 38s. 6d .for New South Wa'es sailer (January); 38s. 3d. for Wefitralian 6£ulcr, (January). A cargo 6old at 375. 9d. WHEAT AND FLOUE AFLOAT. ■ London, 'January 19. - Shipments of wheat and flour afloat for Eiiroro on Ja.nuary 18, compared with a year ago, were:— I Jan. 18, Jan. 20, ■ 1913. 1912. . . Quarters. .Quarters United Kingdom Z.MO.COO 2,555,0C0 Continent 1.680.C00' . 1,020,C00 \ 3,720,000 3,675,000 ■ The wheat shipped from ttic Atlantic and Pacific Coasts, of North America during the pfl.st weak and for the corresponding week of last year, is estimated by "Bradstreet I 'ft" to be:— " Atlantio Coast 605,0Cfl 219000 . . Pacific -Coast 26,000 25,000 631,000 244,000 The total shipments to EuTope from all exporting countries during the week ?; n J7 un , te ' 1 l .° 1.M5.C00 quarters, including 50, CM for Australasia, as against 775C00 quarters, including 125,CC0 from Australasia for tho corresponding week of last year

7 ;V1 ,• • " YaWa t/pn • V— ; : - . ■ ... compared; \ . , Prlci, ■: i -with. •' • • 1 ■ last. week, ' •" . ' '£> %. d. .'v .. 2j% Imperial Consols.. '74 17 6 7/fi Wer • 4 ti ;N.S.\V,1933Jau.'.July 101 0 0 UnXgefl 3l-„N.S.\V.1030-50Mr.:Sp 08 10-0. uSchSSaod ' 3 „N.S.W.13.l.5Ai)I..Oct. 00 0 0 Unchanged 3 ,»«».«■' 84 U-.o UnScd i Vic. 1020 Jan.July, : JOJ, ,0 0 - liB i. Vic. 1921H!) Jan.-July 04' 0 0 Unchanged 34 '.'!U - 2 6 'uSS78 u 0 UnchaS' M „B,A.10L8Jan. , JuIy 76 0 0 - UnchkS 3 „S.A. lJlb Jan.-July j QJi o 0 UuclmnKcd 1 „QTdl01d-2i,Tan. : 101 0' 0 UnchaMed ai ..Q'l'dlSii-.iOJan.-July 54 0 0 Unchanged 3. > QTdI«2M7Jan.-July 79, -sllSc anged - 1 " 1 °.<° '.- Vnctahgod «. 91 0 0 : Unchan(!od fl ,.N./5. l!:4 1 .April : Oct.. to O n Unchaneod f 91 0 0 Unchandoa 3 .W 0 0 . Unchanged 3i ,,Uas.-16«)Jan.-July 910 0 .Unchaneod 3. „ las. 1923-13 Jan.-July b3 0 0 Uncliangod