COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1735, 28 April 1913, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHAKES.. I There were no tranractions in iuvest- I mcnt shares on Saturday. The quotations | wero as under:—

AUSTRIA'S FINANCES. The credit of Austria at the present tiino is interesting in view of the changed conditions in the Unlknns. Austria w suffering from flnnncinl mainly berauso of her enormous expenditure on military preparations. The Yicnna- correspondent of the "Economist," writing under date March 17, stated that the Hungarian Finance Minister was in urgent need of money, ami a loan of 300 million crowns wan about to bo issued, while Austria was in need of 150 million crowns. The most rema.rkoblo fact about- the Hungarian loon was that interest at 4} per cent, had to bo paid whilst, past loans were contracted at 4 per cent., and the promise to pay in gold was also promised. The floating debt,of the Dual Monarchy is enormous. The amount of Hungarian Treasury Bomb in circulation is 525 million crowns, that of Australian Treasury Bonds 255 millions, t-o which must be added Salt Mine Bonds bringing the joint floating debt to 9CO million crowns. Some of the money borrowed by Hungary will bo spent upon, the establishment of a cannon factory.

PUPOXGA COAT, COMPANY. VOLUNTARY LIQUIDATION DECIDED ON. At an extraordinary general meetine of shareholdors'of the Puponga. Coal Co., Ltd., lield at Chrfctchurch on Friday. It wao unanimously decided tn wind un -fclio company, an<l to go into voluntary liquidation.. Mr. Thomas Noale, of Nelson, was appointed liquidator, and all corrcspondenco with the company should in futuro bo addressed, to him. CUSTOMS. Customs duties collected at tho port o[ Wellington on Saturday totalled £1021 6s. Bd., tho amount- for tho week hoing J516.C50 6s. Id. The returns for each of tho past eight weeks, compared with thb figures for tho corresponding period of tho previous year, show as under:—

The beer duty eolleetod for the past week totalled £25 8 0?. sct., as agairnt £220 17s. for tho corresponding week of last year. FKILDIJTG PRODUCE MARKET. Slossrs. A. If. Atkinson and Co., FeUding, report a brisk demand for a variety of produce linca at- their rales. Tlicy uuote— Tablp potatoes, Bs. to lC'd. 6d.; pip, 3s. 6d.; oliafl, 3s. 3d. to 3a. 9d. per bne: pumpkins, Gd. to Is. coch; marrows, 6(1.; baron, Bldcs Lid., haws Is.: quinces, Es. per eftt.; pcreen tomatoes, le>. to 2s. per ea.se; cauliflowers, Zd. to 3d.; turnips, 4d. per bundle; apples, 2s. Gd, to 3s. 3u. per half-cuse; ryegrass wed, 23. to 3s. per bushel; pollard, 11a. 9d.

SOUTH CANTtfItRURr PKODTJCE ! .. MAHKETS. (By Telegraph.—Pre&a Association.) -Oamaru, April 27. Aot a groat deal of business has been done durms tho week. There is an impression that the greater part : of tho cereal crop lias been handled, and that velvet will lie scarce before the end of tho year. The bulk of tho business' has been done at-4s. net to grower for velvet-. Red chaff has been sold at 2s. Bd. to 3s. net, red Tuscan at- 3s. 7d.. solid straw at- os, 6id., and Marshall's white at 3s. 7d., all net. Oats show an advanco on lust week. For A grade Gorton's 2s. 3d., and B grade'2s„ have been paid, and for Algerians 2s. OJd., all net. / Tho volume of business, however, has not' been large. Oape barley has sold at. 2s. 4d. net, but there is little demand for barley, of any description. There.is little or 110 business in potatoes, the lower prices at Christ* church operating against business being done here. Tho bent, ouotations are 955. in new 'sacks. and from 85s. to 90s. in old. but even at these prices only a moderate business is being done. MEAT MARKET. Messrs. Gilbert Andersou and Co. (Messrs. Mellsop, I'Liott, and Co., agents), in their meat circular, dated London, March 20, writei Hotter weather, light deliveries of Homegrown, and advice of only small shipments of frozen meat from all quarters have helped to check tho fall in prices, 'flier,o p an indication that prices have touched bottom. Now that the'season has started with Easter, good trade may be expected. Home-grown.--,Snpplios continue light, and tho high prices are diverting trade to frozen meat. Heef: Scotch, 61d. to 7d • English. 65d. to 63d.; Irish, 6d..t0 6 3-Sd. Mutton: Scotch, 7id. to Ed.; English, 63d. to 73d.; tegs, Scotch, Bid. to 9d.; English, 7Jd. to Bid. Lamb: English, lid. to Is. Id. Jio others on tho market. Pork, 7jd. to od. Chilled ]!ecf.—A fair demand, and slight Iy smaller supplies. Fores, 3>d.; hinde 6 3-16(1.

Frozen Beef.-Now Zealand fores, 3 3-16 d.: hinds. 33d.; Australia]], 3Jd. and 3Jd.: Plate, 3 1-IC-d. and 3Jd. Frozen Mutton.—Good inquiries and indications of o. rise. Canterbury. 48-56. 43d.' 4id : ; 64-72, 4d. Best Nortli Island', <sd.; ordinary, 4-16 d;; ewes. 3£d. for lights, 3|d. for heavies. Australian sliccp, 30-50, 3i' ; : ewes, 3 5-16 d.; heavy Plate wethers, 3 15-lGd.; ewc.=, 3fid. Frozen liamb.-Quotations are practically unaltered; higher prices are anticipated. Canterbury, u-36, 6 3-Ed. j <2-50.' 62d.; best North Island, 6 l-16d.; ordinary, sjd.; Australian, best. 5 3-16 d .; fair, 5 3-Bd. LONDON WOOL SALES. By Telegraph—Press Association—Copyright Uiec. April 27, 5.20 p.m.) . . , , London, April 26. At the axle;, the following were the prices realised for the ileocc portions of the. clips named:—"lTiku," top prjco 12Jd„ average prico 11p,d.; "Paporangi," top 12Sd average 11 3-Sd.; "Cruseoge," top 12* d„ average 12 3-Sd.; "Westdome." top lod average 12d. Messrs. Murray, Roberts, and Co., Ltd.,' have received a cablegram from their Von don agents, Meesr«. Sanderson, Murray and Co., under date April Ik. as follows--Market for groasy merino shows a lvirdemng tendency, and for all other descriptions of wool the market is firm." FROZEN MEAT. By Telegraph-Press Association-Copyright (liec. April 27, 5.20 p.m.) T , London, April 26. L.he Incorporalod Society of Meat Importer; fimithfield market quotations for tho undermentioned classes of frozen meat are based on actual sales of not le.« than ouo hundred carcaGses of mutton or lamb or twenty-five' nur.riers of beef of fair averago quality.. Tho cuotatiniif, .are not for selected line.,, but for parcels fairly representative or tho bulk of tho shipments now on tho market. The prices which follow arc on tho average a farthing per lb. more than the. values ex ship, this' difference representing the average cost in expense, handling, conveyance, and selling the meat:—

'Nnur niYrrhii;. ]!«Jiliittf.--Tliu mai-ktil has flumped, owitv: lo Mil! arrival »r iravy suppling one! the warm wcathir. Nmv .Soutli Wales Ijluc HIT ((llntl'll al IS,- - ,'fill. I'\ tilul'C. AIIK'I'UAMAN 3I.KAT. MAIiKKT AT KAN PKAKOJSCO. Mrat mXged' 'iVj'li' "the (ie:Ucr,s cxpccl to two aL,ls; monthly.

SILVER. London, April 25. Bar Mlver is quoted at. 27 13-16 d. per ounce standard.

Buyers. Seller?, £ s. (I. X s. (I. Hank Xcw Zealand — 11 8 6 N.Z. Loan and Mercantile 0 10 0 — Fcildnis Has — 10 6 S.U. Insurance 3 116 — Meal Export (520. 6d.) 2 18 0 — Kalnpoi Woollen (ord.) ... — 5 2 0 Coal 17 0 17 6 Tarintrnmutu ToUira — 2 5 0 Manning 1 and Co 4-'2 0 Ward and Co 4 17 6 5 1 0

1913. 1912. Maxell 8 20,516 10,978 ' March 15 12.427 25.253 March 22 18,610 9,283 March 29 ' 19,126 25.256 April 5 16,'102 18,597 April 12 14,421 10,971 April 19 14,297 22,803 April 26 16,050' 12,150 \ 137,849 ' 135,391

April 19. April 25. Mutton- d. <1. Canterbury, liirbt 13-10 413-16 Canterbury, medium 17-16 17-16 Canterbury,' heavy 4J 4j Southland « North Wand, best 4 3-8 4 5-16 Aorth Minul. ordinary... 41 <13.16 All si tn 1 iu ii, liKbt .1 3j heavy * "iver Plate, liuht 4.1 41 Itiver l 1 !:<tp. heavy 4 3( New X.Kilnud ctvcu 33 313-16 Australian owes • 313-16 33 Jtiver I'l.ik- ewes 32 311-16 I*i 111I1--Criulel'biir.v. liclH. 61 fa Cvnt.oi'bui'.v. iiinImiih 67 6! Canterbury, ltesivy 6) 65 Southland • .< Xort.h Wand, ordinary... 6 3-8 6 7-16 North Island. seleeted ... 6."; f,,; Ani'.truliui, best 6 6 Australian, fair 63 !i{ Australian, interior * Itiver Plate, lliet 6 6 Jtiver Plate, i.eooml 5} 55 I>C'0f — Xew Zc.-ilfliiil, ox fnrrs ... 3 7-16 ,33-S Xew Zealand, <11 blurts ... 4i 41.If, Amtmlian, <i\ form 3 7-16 3 3-3 Australian, ox liimlfl 33 33 .liiver Plato, frozen rorns 3,'i 3i Itiver Plale, frtv.'.eii liinrt,-) 4J 3' liiver 1'1'ile,eliilled liires 313-16 3 13-'.' liiver Plan-,.-billed himls 5f, 5