COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1679, 20 February 1913, Page 8

COMMERCIAL ITEMS.

.''■. INVESTMENT : siIABES... 1 A sale of'Kational'Mortgage at £4 and ;Union Steam at 525. were the only transactions recorded in the investment market y&sturday. The quotations were as under :—. '.' • Buyers. . Sellers. : £s. d. '£ s. u. National Bank Xl~. 6 10, N.Z. Loan and Mercantile . ',' UOs.) .••..:;:.;..:.....;...:.— 'o'9 3 ■ . — N.Z.and Diver Plato " -. .200 Well. Trust and Loan ... 710' " 1: 2 6 Moat. Export (523. 6d.) ...... 2 16 .0 -' .N. 2. fihipping '...:.:......... ~ —•■ J. 1610 0 lUnion Stc-ani : ...—,' 212 3 'Kaiapoi' Woollen (ord.)' ... ■ '•' — "■ 5 5 0 Taupiri Coal - 15 3 •Westport. Coal ..•;- 1 7.9 Wcstpo'rt-Stockton 1 , ;••■',— 0 4 0 toldcir Bay Comeft' " — ; 1 0 3 ;N.Z. Con. ODontal ......... 10 6" - 'N.Z. Drug '. ......-! . 210 0 71.7.. Paper Mills ;.■'■•— 110 Ward and Co ;. 4 15 0 - I I- ■".; OIL ' PROPOSITIONS. Not very much has been'heard, recently of the various oil c.mpanios operating in New Zealand. It is reported, however, that oil has been struck at Kotuku and' at Weber, both propositions being under the Shell Transport and Oil Company, a wealthy British corporation.. At Mangaone strong indications of the nearness of oil arc showing in tho bore, and as soon as the drills get a few hundred feet lower a strong (low of oil is expected; At Taranaki tho New Zealand Oilwells Coiripany|is working away, and there is now a market for the shares, which have recently changed hands at lEs. There are others only just beginning operations',- that should be heard. from later on. . ■ Customs duties collected at the port of Wellington yesterday amounted ■ to £5290 16s. 101 WOOL AND HIDE REPORT. Messrs. Dalgetyand Company, Limited (Darinevirke branch), report:—At our usual six-weekly sale yesterday' we offered a medium cataloguo to a.full.attendance.of buyers. Competition was again keens and ox hides showed an advance of lid. per lb., 'and cow Mdes, Id. per lb. ■ Our price of '9d. per lb. for heavy ox constitutes a record for Dannevirke. Fleece wool, 7Jd. to B'd.; pieces, 6d. to 63d7; lambs, 7Jd. to 93d.; dead, up to 7id.; locks, up to 4}d. Skins: Lambs, 71d. to 7|d.: croesbred, short, 6id.; dried pelts,. 15..t0 25.; dead, 4Jd. to 61; crossbred, 7d. to 7Jd.: salted skins, 3s. 6d.; pelts, 2s. 4d. to 3s. 6d. Hides: Heavy ox, BJd. to 9d.; cow, BJd. to 8 3-Bd.; cow, part dry, Bd.; ox, part dry, B}d. to Bjd.; yearling, Bd.; yearling, slippy, sid.; calf, 11f.d.; tallow, in casks, 25d.; tins, 235. 3d.; tails, Is. Bd. per dozen. FINANCIAL' CABLEGRAMS. By Telegraph—Press Association—Copyright London, February 1! ' Bank of Australasia, .buyers £112, .sellers £115. Bank of New , South Wales, buyers £39, Bank of Victoria, buyers £4 23. 6d„ sellers £4 125.. 6d., ci dividend. • Union Bank of Australia, buyers £57 10s., sellers £58 10s. National Bank of Australasia, buyers £4 155., sellers £5 ss. National Bank of Now Zealand, buyers £5 10s., sellers £6. •Bank of New Zealand, buyers £11 10s.. sellers £12 10s. Dalgoty and Co.'s shares, buyers £5 17s. 6d.. sellers £6 Es. Bank of Now Zealand 4 per cent, guaranteed stock, £99. N.Z. Loan and Mercantile Agency 4 per cent, debentures, £96 10s. Citv of Melbourno 4 per cent., £98. Mclbotirno Ilarbour Trust, 4 per cent., £97. Melbourno Tramway. Trust, 4J per cent: £100. ■-.■•'■■ Melbourne and Metropolitan Board of Works, 4 per cent, debentures, £98. ■ ■ ' . WHEAT. ' (Itco. February 19, 9.45 p.m.) London, February 19. \Wheat Is firm, owing to very cold weather and .the unsettled . condition ~f pollt.los. . Boilers :are asking threeponco advance. The demand in mainly on the Continent. South Australian sailer (January) is offering at. 38s. m.: January steamer, 595. 31: Now South Wales steamers, February, 395.: Victoria snilcr, January, ,38s. 6d. ■ ■ ■■. SILVER. London, February 18. ' Bar silver is quoted at 28Jd. per ounce ' standard. COPPER. (Rcc. February 19, 9.45 p.m.l London, February 19. , Copw, £63 17*. 6d.: electrolytic, £68 10=.; ' tin, £213 10s.; pig-iron, £60 55.; kail, £1610s. I