COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1786, 26 June 1913, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHARES. Tho sales recorded yesterday were:— Napier Gas, £9 paid, at £14 12s. 6d., and Gear Meat, £4 paid, two sales at £12 6s. each. The quotations were as under;—

LONDON WOOL SALES. Tho quantity of .wool to tie offered at the next of the series of London sales 011 Tuesday' next is 171,000 bales, as agaimst 267,000 bales for the corresponding sales of last year. However, it must be remembered that the courso of the sales last year was interfered with by labour troubles, and .one of the scries hail to lie abandoned. The quantity to be offered on Tuesday is not very large, and judging by the tone of the Bradford top market values should- be well maintained. There is, of course, the situation in the Ralkans to tie token into account, for if war is declared between Servia and Hulgaria. as seems not unlikc-ly. Rusisia, anil Austria may be drawn into the trouble, and that would be very serious. In any case the money market is likely to be stringent, and that must be an influential factor in the situation. HIDE AND SKIN SALES. Messrs. Williams o.nd Nettle, Ltd.. Danuevirke, report balding their special i'-:lle of crntchings, skills, ar.d hide; 011 Tuesday. The total oll'eriugr" were 351 ljale-s, 317 hags wool. 6671 skin-s, 415 hides, 124 calfskins, and 373 packages fat. f!uyers were welt represented from all parts of the Dominion, and there was aii-o a. fair number of farmer.-' presenf. The firm offered 218 bales wool, 151 bags wool. 3783 ] skins. 277 hides, 47 calfskins, and 205 pack- : ages tallow. Competition was very keen

throusliout, there lieitiß an (ulvanee of l'jd. to 2id. on last year'., value- for onitcliiiigs. K>r R.O. first crutcliiiip.-.i. the top-price realised in Dannevirke was obtained, namely, 9d. per Hi.; second (-rntchimrs, 73d.; third «nitohinss, 7d.; fourth erutcliinss, 65(1.; PUKEATUA, 81(1.; TTB'over 3t, Bad.; E.IU., 81(1.; IVJIW, B>d.; fin. 81:1.; II over JtOBN, 8;d.; Orinpi, B',d.; •IT.MAI over Ml, Bid.; CXIt, BJd.: PI PI. B'd.; fiS. 81(1.; 1!AM T I, B>d.: TF, 81(1.; TJI over R. Slid.; .TJI over 11. 8). d.; JIF, Sid.; KI.V ORA. 81(1.; AtAXfiATORO. 81(1.; TIRATt", Bid.; DtlC. 85(1.; MXSIHE. 8?d.; I,K over D. lirst BJd.. seconds, 72(1.; TIMI over OTOPK. Bid.:- I'Olj. 8!d. The -firm ntiote a- follow.-:-Cru|.'liinpf. .good to superior. Bd. to 9(1.; medium. 7;1. to Ed.; 'Tccly (icd inferior, 5,1(1. <-> 7d.: <■ i - —^ji-[-i ilcece. Sid. to 9>(!.; rriyshred (lend, 7.1(1. to 8.-.d.: crci-:lired Illicit. 7!. d.; .-nuic'd pirn'.-, I'd.; !o-l;=, Sid.; horsehair. Is. Ed. per Hi. SpcepsliiKK, half to ouartcr-wool.-', G:l. l-> Bid.; inferior. Sad. to 7!d.: tiuoi-ter to lialfwooi, 7J(1.; crossbred lambs, ?_■(!.; -!ptml medium. dead. 7(1.; dead. inferior, 6:i.; seedy half-wool. 7d.; pelt=. '-oniiil. 2s. 2d.: broken, 3s. Salted sheepskin-'; Prime, C-. 1(1. to 6(1. 5(1.; medium. "Is. 9d.: liprht inferior. to 2s. Gd. Tli(l('<-: Ox. 7'd. t:j 7. 7 (1. nor 11).; oov;?, 6?. d. to 7Jil.: yearling, 7/<l.; cut yearling-. Zit. to C; 1.: row, c;:t.. 6!d.: horse. 7s. fd.; ralfsliinis, naimd. fid. to 9Jd.: cut. 7(1.: nut. ami dry. Id. to fid. Tallow: Tin*, rendered, 235.; rough. 11-:. Cowtni!:.', Is. 7(1. Customs' duties oollcctert at Ibe port. n r Wellington yesterday omoinited to £JC97 Is. Id.

PORTLAND CEMEXT CO. KEMOVIXO Tire HEAD OFFICE. (I!y Telegraph— Press Association.) □ uncdin, .lnno 25. An extraordinary i;e;itr;!l ineriine of lbs. Xc-.v '/.f-.iond Portland Ceincat Ccmpauy wo.-, held to-day for the purpose if nui -idcrinp a proposal for tbe removal of 1 1 -" linad olllco from Duncdln to Auckl&iuL.

Mr. J l . H:irr /ohairmnn of directors) prosified. The circular calling the meeting included ■a- statement that it had been pointed out that the prevent arrangement of having tlio head oftiee to great, a disi-awo aw/iy from the works \v:is very disadvantageous, necessitating another office in Auckland and practically two boards of directors, thus creating additional expense and oc-cai-ionat delay in deciding matters of importance. Seventy-live per cent, of the shares of the company were lie Id in the XorMi Island, and Auckland wis the most profitable market lor the company's output. The chairman foid that it was proposed to havo nil the directors in Auckland, leaving the head oflice in Dunediii in > accordance with the articles of association. Tile result of the company's operations diu'intr the kwt f-.ix months had been coni?ider,ibly better than the result, for the corresponding six months last year. The motion \v«s carried unanimously. lIIUSHAXE WOOL SAL ICS. By Telegraph—Presi* Assocmtk-n—Copyright Brisbane, June 25. The wool Gttlcs lwi.ve opened. Competition ii keen. General prices are on a par with those of May, excepting for top lots. Orcrusy lots are a trillo easier.

FINANCIAL CABLEGRAMS. London, June 24. I'cst-erday's closlue quotations were aa follow Kank of Australasia, buyers £113, ecllere £115. Bank of New South Wales, buyers £38, sollerg £40. Hank of Victoria, buyers £4, sellers £4 lte. Union frank of Australia, buyers £56 10s.. sellers £57 10>j National Hank of Australasia, buyers £5, seller; £5 1%. National Hank of Now Zealand, buyers £4 15*., ofillers £5 ICV\ IK'ink of New Zealand, sellers £11 12s. N.Z. Loan and Mt-reantilo Agcacy 4 ccr cent, debentures. £94 IP« 7 City of Melbourne, 4 per cent, debentures. £93. Melbourne Harbour Trust, 4 per cent. de» bentures, £96. Melbourne Tramway Trust, 4J per cent debentures. £100. Melbourne and Metropolitan Hoard ot Works, 4 per cent, debonturcs, £95. Australian Morcantile debentures, £90. Dalgoty and Co., 4 per cent, debentures. £91. Daljretv and Co.'s shares, buyers £6, sellers £6 10s. Melbourne Gn,? Co's debentures, £99. City of Sydney, £99. Goldsbroucli, Mort and Co.'s debentures, £96 IC*. WJIKAT. London, June 24. Official Quotations:—South Australian, New South Wales, and Victorian, for prompt delivery, 375. 6d.; on passage, 375. 3d. Liverpool futures, 90* cento; July, 893.

SILTEI!. London, June M. Bar silver is quoted at 26Jd. rcr ounce standard. METAL MAHKETS. (Eee. June 25, 10.55 p.m.) London, June 25. Copper— On .spot, £63 12s. 6d.: three months. .£63 17b. Ed.: electrolyte, £68. Tin.—On spot, £197 Ite.; three mont-hE, £198. Lead.—£2o 12=. 6(1.

Buyers Sellers. £ s. d. £ s. d. National Bank 5 2 6 5 3 6 Building ... — 12 8 9 N.Z. Loan, Merc. (10s.) 0 10 3 0 11 0 XZ. Loan, Merc. (prof.) — 93 0 0 K.Z. and River Plate ... 119 9 — Well. Trust and Loan 7 N 4 0 ~ Christehureh Gas 7 10 0 — Kapier Gas (£10) 16 5 0 — Xapier Gas (£5) 8 2 6 — Wellington Gas (£10) ... 16 0 0 — Wellington Gas (pref.) ... 0 19 6 10 0 Ciiristchurcli Meat 15 2 6 — Union Steam 2 3 0 2 3 6 Mosgiel Woollen — 312 0 Taupiri Coal — 1-2 0 Westport Coal ' 17 0 — Westport-Stocktou 0 3 6 0 4 3 Shartaiui't" preference .... — 12 6 Ward and Co 5 2 0 5 5 0 i W.F.C.A. (£5) - 7 5 0 i W.F.O.A. (£1) - 18 3