COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1666, 5 February 1913, Page 8

COMMERCIAL ITEMS.

''.' ■'•■'•; INVESTMENT. SHAKES. < ' --.t ' Thero wcro no transactions in investment shares yesterday. The Were ,03 iinder:— i ■'. :■';' .■'".■ Buyers. Sellers. .: ■' ■."'". •£ s. (1. £s. d. Bank New Zealand ......:.. ■ — '.'. 11 510 NationaHßank •..... ■ —.-" . 6 2 .6 N.Z.lftan and Mercantile 0 9 0 , — N.Z. and ;Itivor, Plate ... - - 2 0 6 -Well; Trust and Loan ..'. - . 7'3 .0 Teilding Gas.-...'. '— ,"" 10 .3 N.Z.- Insurance"■. ;•. 4 19.0 .•—..■ Standard Irisuranco ; 112 0 s . . — Union SteanT -2 7 0 , — .■•.' Well. Woollen, (0rd.)......... 3 15 3 ■ -~3 16 0 Westport Cool .-• ■■■■■■ 17.6.- .. — ."■: Leyland-O'Brien Timber... 1 66 1 7'6 Golden Bay Cement ....'...,' —' -1:0 6 N.Z.Drug .. : \ - ■ .210 ,0. Ward and Co. ...;....'.' - . -4 17 0 W.P.O.A. ...:... - . ~;7,: 5 0 ; ■■. : ■■• . •. • ■ ■ • :>«".■., (', .' GREATER J. Bv WILLIAMS COMPANY."" The affairs, of" the .Greater, J. D. Williams Amusement Company havo come into prominence, recently owing to the arrest of'.two leading officials of the concern.. According to the Sydney "Daily Telegraph" of January 27, in tho past fortnight the official records of the Sydney Stock Exchange "have marked well over 3CO sales of the shares of. tho Greater 1 J. D. Williima Amusement Company,; and there have been many outside .dealings which havo not been recorded. During that. time the) shares havo been.soul down from 15s. 6d. to 6s. . IOJd.", and,..; though there was .some, revival on Saturday, thero was still a fall,of about Bs., orlo per cent., on the nominal value in'the fortnight. As'thero had.previously been a heavy depreciation, .the ■losses up to. tho.present have been'r great. Tho bulk of .thcee shares wero taken by tho public in tho region of 30s. per share-they, stood at 325. in Juno. 1911—and they: havo since lost three-fourths of that market valuation. 1 - Something connected with the undertaking has always marked it out for gambling. People were always found ready to buy. or sell the shares for delivery a month or two hence, with a view to covering in tho interim upon better terms to themselves: But 1 theiro had previously been nothing like tho outburst 'of the past fort■night, and it fa a-question whether... in tho long run such an unhridJed outburst of ' gambling is to the advantage of tho Stock Exchange, ffkat an effort has been, made to wreck tho' company can hardly bo doubted. All manner of reports have been circulated, and, to somo extent ■ tlwr have bad a basis of fact to go upon, from the disclosures of the past few days. If operators sell/shares which they do not, possess, the aim is to frighten those ,who do hold them into selling, and that such tactics have been indulged in there can be small doubt. such conditions, the onlv wav to right the situation is to make a full disclosure of tho position, and that thp' directors, amongst ivhom there have bocu numerous changes, have promised to do at the earliest opportunity. ' At. the present certain negotiation:! are going forward of material interest to the undertaking, and tho opportunity has been * seized to press claims which have led to ojniborrns3mnnt. The directors say that this is a. time when tho more important shareholders should come forward to assist the undertaking out of ite embarrassments. But do such shareholders know, the position as the directors do? Such shareholders oould hardly bo espectod to movo in t.hi dark, and that is oni reason why a full statement of the position is essential."

tatADE IN .ALLEN STREET. VcErctables.—French be.xns and cabbages are in full sitpply, and values have declined somewhat. Carrot?, parsnips, and cauliflowers are in Rood- demand. Tomatoes—Chvlnir to lip-hter supplies tho market has advanced 'considerably. Onttomatoes from the. Hutt district should bo on the market-in tho course of' a. few days. ) Fruit—The .Warrimoo. due from' Sydney 'to-day, is bnupins. lieht shipments -of Branca and passion fruit. = Peaches have been in short snnnlv. and the market has advanced considerably. Consignments ,are recommended. Plums .and nectarines are polling fairly well. The reason for raspberries is now about nv«r. ' Apples are nomiiwin freely, and bnVlit-calournd desert npnlc? are wanted. William pear? r,.re now offering hi larec quantities. the market, however, continues r.tronir. Messina lemons n.ro in heavy 'supply, rind moderato rr..os are ruling, Potatoes.—Tho markot is bore of supplies i

prices rule from £7 to .£lO per ton, according to camplo, and ,tiio quantity availauio on the day of sale. '<. • ■:, ', ''. ' Onions— Pickling oniona are in,excellent demand nt lid, to-'lid. per lb.; prime sample of tajilc onions are selling at £7 and £8- per ton. ' , . . ..•' ■ " Flour is unchanged at £8 10s. to £8 155., f.0.b., south, less tho usual,discount. .;.,,■ Pollard is in good demand at £6 -ss. to £6 It's, per ton. .;.'• ■ V : "'• •. ■• Bran is rather dull of salo at'£s,to £s'ss. Maize is slow of Sale at 4s. 8(1. to ss.ncr bushel.. ''•'."■ • ' : ■ Oatmeal is dull of sale at £13 t0.£13 10s. per ton. i ' ." , Rolled oats, in 41b. ba'gs, are. selling at 9s. per dozen, and oatiiia. at 9s. 6d. .' Oats.*-Go-jrt bright'. short feed, oats aro selling at Zs. 9d. t'o 3s. per buslielj feed Algerian, 2s. 10(1. to 2s.- lid,,- dun oats, 2s. lOd.to 35.; seed Algerian; 3s.' 3d. Hay. is dull of sale at £4''ios.. to £5 per ton.' ■■■ ' . . ChalT,—Now season's find■' ready: salo at £5 per ton, sacks in.. .„•.'.-' Fowls' wheat—Prime whole fowls' wheat has excellent, inquiry at 4s. 3d., to 4s. 4d. per bushel. - ;'■ • ' Fresh eggs have advanced; and .arc now realising' Is.- 6d. to -Js. Bd. per dozen. 1 Butter.—Prime milled, in'bulk, is selling lCd. per, 1b.,, and good quality at 9d. : ,Margarine in 281b. tins.io dull of salo, at' Bd.' 'pop- lb. , ; '■'■ Cheese.—Best factory, medium size, .is quoted at 63d. per lb., 'ttnd'loaf at 7Jd.''. Risemeal is exceedingly.dull"of Ealo at,£s' '15s.'ptir'ton.-, ■'~.;'. Barley meal has poor inquiry" at £5 per ton.;.-; .' .',.-. ; '■■'• ■.-.. '.•„ ....',"; ■ •'.' "; ■ Pea meal .Is'in. moderato. demand at £5 ,15s. nerton.'v-. '•"'■', - ■•.' : '" l-.Split'^eas;--Now .Zealand's are .quoted at 175." per cwt., and English trt 195..-',,' : :. Partridge peas are. in fair:rc.q'ucstat 3j. °d. to 4s. 3d. peri bushel, according to quaditv;'..' .:; - •'..': .• • ■:'. ■„- ,Wholo linseed is selling at 17s. per cwK - - Poultry—Hens.' 3s. .to- 4s. 6d..'a. pair'; roosters, 3s. to 4s.'; cockerels, 3s. '6d. to;si.y ducVrf. old- Indian"Runners; ss. to 3s;''.6di! 4sJ to 75.; geese, ss. to 65,.; \tnr--ltev gobblers! 10d: to Is. rier'lb. liyo-weight: hens, 9d. to lCd. .;■-.' :-.;■• ;.,'.. ':'•:?>'; {■/ "-■ ~~ "1 ~ -■■'• *.'. a --- ' Customs duties;collected- at the.'port of Wellington yesterday amounted to '£6213 13s. 2d.:, ,' r ..- ■'' ' ;. y,. "-. .',. v:i'\. GRAii?: MARKET.-;;.-:-:■ . (By Telegraph—Press Association.) 1..','! •' .'. Chrlstchurch, February 4. : . The grain market during the pa^t.fewdays hag been, very quiet, there bcihg little offering. Threshing out of stook is/now being proceeded with, and farmers aro too' busy to' come into to\vn. • 'A few sales, of ri-i'w grain.have taken.place.at ! ;quotatisus. but, as stated, the quantity. offering ■is small,- and (in some cases growers aro not content-with the' prices-that merchants and millers aro giving." ■>"■;,. •'. : ~ A. few samples, of -peninsula cocksfoot have boon shown,'but tho, market for'this seed lias not yot fairly 'opened. ■' -v .'. There is a very limited demand for ryegrass, as it is stated' that.the North ".Island ■is wall supplied; for tho present season's sowing. ~ : .."NAPIER A7OOL : .SALE. ".' 'J'}';"- ;■■ , ' Napior, February" l'\ ■ The third and last, wool sale-:of tho.sear son, under the auspicos -of the. Napier >Yoolbfokers' Association, was.held ,to-day'. There ■ was a..representative attendance, of v -buyers, and 7325 bales Were olfercd,'figajnst . ITaS or . the corresponding sale last' year; The: bulk of the. catalogue comprised dingy ■seedy, and lnrabs'jwobl. .•notymauy' bright,, woU-conditiqncd lots being rubmittcd. As compared with- Hie r January- snle'of this'year, to-day's prices showed nn improvement of. a farthing for medium Heeco: wools, and a.fa.rthing'to a' 'halfpennyin coarse, lambs.sold nt par; the highest price.being 125 d- No Ameri,can sorts Were offered in fleece wool. Annendod is.'tho of prices, tho figures for' .thjs' corresponding sale of last ye'.'iT 'hbing':i?ivon in parentheses:—Medium lialf-bred;.-'9d;"to 93(1. (BJdf, tolOid.): fide crosabred, 10»d..t/i lldTfld. t0..95d.) : medium ye.rossbrcd, 95d. to.lid. (Bd.to 9'd.); coarse crossbred, 9d. to IM. (7d."to B}d.): inferior crossbred.,' 8d: to 9d. (6Jd.'.t6 7d.1: pieces. fr'.„to ,9'1.'(54; fo'7?d.j; bellies.-. 6d. t" Ed, fsd.'to f'd.): lo"''s.-4>d..to s*d. (3d. to'4Jd.); lambs, 7d. to 12Jd.. (Bd. to 101 d.).' . .• • '; „ '-~:. -. --WOOL. .MARKET,. : ,'■ :. ",'y By'Tcleernph—Press Association—Copyright , . ' :,''■'' ■ 'Lojitlon,:-;Fob'ruary. 3. , Tho wool market is steady,.with a strong, .cheerful tons'. Prices. are .firm.: . ■-,•;. I.::-.. ■.'. silver; . , . ■.'..:■;.. "•''... London, Febriw.ry..3..''. .Bar silver is quoted at-28 11-16 d.' per ounce standard. , .-. ; . ~, ..,. , , : ■", •■.