COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1663, 1 February 1913, Page 8

COMMERCIAL ITEMS.

INVESTMENT SIIAItES. The transactions in investment shares recorded yostorday were; Bank of Now Zealand, two Ealcs, at £11 ss. Standard Insurance, at 325:; and Union Steam, at £2 la. Tho (juotations were as under:—

The course of sales during the past month was as under:— Bank New Zealand, £11 2e. 6d„ £11 £«.. £11 ss. i National Bank, £5 175., £5 188.. : £6 Is 6d., £6 23. 6d„ £6 2s. 6d., £{ 2s. 6d„ '£6 2e N.Z. and River Plate, 40s. 9d. Christchuirch Gas, £8. Wellington Gas (£9 155.), £15 16s. 6d;. £15 17s. 6d. . . Standard Insurance, 325. Gear Meat (£4), £12 6s. Union Steam, 465. 6d„ 475. Kaiapoi Woollen, preference, £5 4s. Wcl 'ngton Woollen, ordinary, £3 15g, 6d. •Wellington Woollen, preference. £2 17s 3d Westport Coal, 275., 275., 27e. Taringamutu Tolara, 455, Golden Hay Cement, 20s. 3d., 20s. 3d. Sharland's ordinary, 20s. 6d. W.F.0.A., £7 ,ss. NEW HEBRIDES TARIFF. The full details of the. tariff of the New Jlnn n „f CS < if S , Ti mp .'?^ d T ) - 3 \ tllo joiut ' ProclamaK •£. t Eigh Coramiecioner and the French High Commissioner aro • now available. The proclamation, which is dated December-28 last, came into force on January 1. There ia a general provision of an import tax of 5 per cent, on all imports except in the case of, articles enumerated as being liable to a higher rate of duty or as being exempt, Ales, beer.i? <El ln Pays lljd. per dozen, in pints 6d„ and m half-pints 3d. Spirits ' , pcr ?, roof or liQ«id gallop,: and 1 . can olJ ot ascertained'by fejkos s hydrometer 20 per cent, ad valorem. ij or white wine .(ordinaire), per litre, Id.; other. wines in •' bulk; per litre, sd. rn\ n ® 111 9" 0 ? 1 bottles .pays .to, lOd.perdoz. Tobacco is taxed llid. per. kilogram, and cigars and cigarettes Is. 7Jd. On kcroeeno there is a tax of 6d. per case of .36 litres. Dynamite and similn.r explosives pay. 4s. per kilogram. Arms and ammunition, if for the exclusive use of importers only, are taxed 101 per cent. Arras and amniu; S ,{S r otl,cr also detonators, aro I iSS .u "?• cen , t - M tlu ' 3 w3J ' not prevent the native obtaining weapons. Gramo»'.Wd vettmmitr aro-'taxed .10per cent.' Articles exempt include agricultural implements, living animals,' books etc., ships biscuits, boiler plates. 'bricks, cement, flour, irpn, and steel rails, etc machinery,_ etc., manures; seeds, show cards., vaccines, vegetables and fruit, wire fencing, A regulation empowers the Resident Commissioners 1 jointly to impose import or export duty, or prohibit imporiaturn, subject to the approval of the High Commissioners within three months. Another Teen'.ation provides for the forfeiture of every vessel which anchors at any place in the New Hebrides not a port of entry, 6«ive in case of weather, or in ac» cordanco with permission so granted, •

PERMANENT INVFPTMENT OF OANTERBURY.

Tho balance-sheet of "the Permanent Investment and Loan Association of Canterbury for the year ended. December 31; 1912 has been circulated, After paying the usual dividend of £5000 on capital shares, ana adding £500 to the rebervo fund, there remains a.balanco at credit of profit and loss account, of £103 Is,' 3d,:;' The reserve ? t -i the i substantial sum of £10,000,..thp Avhole-,of..,.)vliich)'i9>inVcsted' in tho business. The..amount' invested ,ini mortgage ".now totals £143,654,'- 'and the- inJ iS rca m, 110 , and accrued amount's tk> ; £2408 Bsi ?Li ™& P0S1 & hc,d by ' th ® Association total £73,773. The expenses 'of management £1116 Bs.'3d., and '£70 was paid for a special investigation of the accounts. j ' PROPERTY SALES. hJinTmenu'y vjftt the o^tho on Kelburno Company's Estate, having, an area of 18.1 perches, £225;--Brougham 2 Sf?/" sitcp,,.each, ,42ft. 3in:i LE filo s? : till j 'Pirib'-Streets', corner, section, 48ft. 3in, 4 to Brougham Street by a depth'f>t -94ft.'lOiri;, £700; King Street, <laod. 38ft. „4in.,, by. 87ft. .4in.-, with .two 3-roomed cottages! £406: Bolton Street, large residential block, having an, area' of SS'THs three-quarters of ,-an. .acre, £250Q;» 1 -?, trc s 1 ' level section, 85ft. i .X 2300; .Thorndon l,srJaua<!e. 4, business sites,'' leased.at a rental of. £122 ']»Jrvannum; Myrtle Crescent, scction containing 12.9 'pcxchcs, Wl J\ dwelling and- workshop, £845.'-.;" . .Suburban.—Plimmcrton .. JJxtensioii;'.' Bee-' j£ n i 2 o ar f? 1 ' n ® ro > Pliinmerton Ex-' tension, Section 126, area } acre, £40; Piimmerton Extension; Sections 52 and.-'53. each' .22 perches, £100 tho' two; •Plimmerton Extension, Section 54, area 21.5 porches. £50; Plimmerton Extension, Section 15, Taupo Block, land 77 x 114, to 131 ft., £t& 55,; Plimmorton Extension, Action-9, Taupo Block. 7 if 14 ;' Lower Hutt, 1 Section 30, _Fitzherbert Estate, containing' 20 perches, £100; /Northland, ■' Section'. 145 Orangi Eoad.t area 21 p'erohes, £75;' Island Bay, Clyde..-ißtreot..';largo r building.•.block,containing >1 acre broods -12 pcrchcs; -£1300';. EvcI 5Ti - Estate, fend 1 , 50 x 104 ft. 3in„ with 5-roomed dwelling,- £750';Petone, factory site, having a total area of nearly 23 acres, £1060; Day's ' Bay, building 6ite, £85; Porirua, section having nn area of over one acre, with five-roomed dwelling, £400; Muritai, section .'containing one. acre 36 perches, with Ecasido residence, £845; Epseneath, Grafton, andMaida vale Eoads,' land having an area of. 2 roods 20 perches, with eix dwellings, £2070.

• . Customs duties collected at tho port of Wellington yesterday amounted to £2728 10s. 9d. 1 . •

TARANAKI OILFIELDS. (By Teleerauh.-Press Association.) Hew Plymouth, January 31. The first shipment of machinery for the' Taranaki Oil Lands Company is now being delivered on the site of the bore, about 150. yards from the Taranaki Oil Wells Company's No. 5 well, which is yielding oil. Tho plant is of the best and most modern type. The manager- expects to start drilling early 1n March next. Gas -has.been struck in • the" Itouuiki Oil/Wells Company's bores at Bell Block, indicating that 'the field extends several miles east of New Plymouth. ATJOKLAXD WOOL SALES. Auohland, January 31. At the seoond wool sale of tho seasonheld to-day, prices were, on an average, almost on a level with the high rates ruling_in November. A good clearance was ■ made, and thero was a good demand. Tho wool on the whole was heavier in grease than at tho flret' sale of the season. Low grades were in demand, l though a Eliriit drop was recorded in flno wool. , The'range of priws (the . figures for the November sale being given in parentheses) " was ;-Mcdium half bred. IOJd. to llid. (IOJd. to 113 d.)fino crossbred, IOJd. to Hid. (12d, to 123 d 1 medium crossbred, lOd. to 103 d. (IOJd. to 113 d.); coarse crossbred, Bd. to lOd. (83d. to 10d.); cotted and dinphy, 7}d. to 3d.; first pieces, 7d. to Bd. (7d. to 83d.); medium pieces, ad. to 6d.; locks, 31d. to 4jd.'<H>d. to Sid.). * RAM FAIR. Hastings, January 31, Tho annual ram fair under the auspices of the Ilawlic'H Bay A., and P. Society concluded on tho showgrounds to-day. The attendance of buyers was large, and representative of tho whole North Island, but bidding in most cases was not brisk. Compared with previous years therp was a falllng-off in prices. Tho quality if the sheep both as regards flock and 6tud rams Wfl-S not up to last yoar'B standard, and prices correspondingly. A line of 276 flock Romncys-penned on behalf of Mr. E. Islington, Feathcretpn, realised tho highest price of the day,\ One pen brought ■181 guineas. In studs tholtop price reached was 41 guineas, nt which jlcure a shearling bred by Mr. \V. Perry, off Tcmahanga, was sold. The tame price wfa paid far a two-, shear Romuey lived by rthe lato Mr. E. ,J.' Riddiford, sold on behalf of Mr. W. Pcrrv, of Masterton, tho.bu'yor being Mr. G. P. Donnelly. Bidding on the second day was more spirited in flock rams. A lino of English Leicester, bred by Mr. G. E. Rhodes, of Canterbury, realised from 4gns. to Bgns.; Southdowns, from Lincoln .College, sgn«. to 73gns.; Shropshire Downs,2gns. to 3gns.; Lincolns, from 2Jgn3. up to Bgns. GRAIN MARKET. Chrlstchurch, January "31. Somo new season's wheat is now offering, a number of samples from Culverdcn, Waikari, and Oraihi districts having been shown. Growers are holding out for 3s. 6d. at country stations, and s»vcral offers of 3s. 4d. have been refused. A few sales have, however, been mode at 3s. 3d. to 3s. 41d., according to quality and distance. Tho wheat is somewhat on the thin side, but it is otlipnviso of good quality, being firm and dry. There are riot many oats offering, n6 little threshing has been doiio during tho weehj In consequence of the rains sonic of the samples of Duns offering aro very light, arid do not command more than Is. Bd. to Is. 9d. Cartons are worth up to 2n. for prime samples, and Algerians and good Duns lt3- 9d. to Is. lOd. Thero have been no l)<inl«h offering yot. In other Un« there la reported to b« no business doisct I

i Buyers. Scllorj. £ s. d. . £ s. d Dank Now Zealand U 2 6 11 7 6 National Hank — 6 3 6 N.Z. and lilvcr Plato — ,2 11) i'eildinu (Jas — 1 0 J Napier Gag — , • 20 0 0 Napier Gas (£5) — ' 10 0 0 Well. Gas (pref.) — 10 3 N.Z. Insurance 4 18 3 -5 0 0 S.U. Insurance — 314 0 Christcliurch Meat 1415 0 — Moat Export (52s. 6d.) ,. P —. 2 16 6 N.Z. Shipping 14 10 0 ' — Union Steam 2 6 9 2 7 3 Well. Woollen (ol'd.) 3 15 6 3 16 3 Well. Woollen (praf.) — >2 17 3 Westport Coal '.. 17 3' — Loyland-O'Bricu — i 7 6 Grown Brewery — 1" 14 0 Golden Bay Cement — 10 6 N.Z. Drug — 2 10 0 Sharland's ordinary — 110