COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1796, 8 July 1913, Page 8

COMMERCIAL ITEMS.

INVESTMENT BHARES. Thero were no transactions in investment shaTco yesterday. The quotations were as under:— Buyers. Sellers. £ >. d. £ a. d. Bank New Zealand — 11 0 0' National Bank 5 2 9 5 3 6 Metropolitan Building ... — 12 7, 6 N.Z. Loan and Merc.(ord.) 0 10 6 —'' N.Z. and K'vcr Plate ... 2 0 6 — Christchurch Gas — 712 6 Napier Gas (£5) 8 0 0 — Well. Gas (£10) 16 3 6 - Christchurch Meat 15 2 6 • — Gear Meat.(£4) 12 7 6 — Gear Meat (£ll ....: 3 4 0 ' — TJnion Steam — 2 4 3 WJell. Woollen (ord.) 3 10 0 3 13 0 Taupiri Coal — 116 Westport Coal 17 6 — Westport-Stockton 0 310 — Tarinsamutu Totara 2 3 9 ' — Sharland's preference .... — 119 Ward and Co. 5 2 0 — W.F.C.A. (£5) - . 7 3 6 W.F.C.A. (£1) - 18 3 . CUSTOMS REVENUE. Customs duties collected at tho port of Wellington yesterday amounted to £3043 fc. Id. HIGH COMMISSIONER'S CABLEGRAM. The Department of Agriculture, Industries, and Commerce lias received the fol-low-in? cablegram from the High Commissioner for New Zealand, dated- London. July 5. (Note-Quotationa. unless otherwise speclilcd, are averace market prices on spot)

• Mutton.—Tho market is Arm. Thero Is no change in prices, except for hca.vyweight, which may bo auoU-d l-16d. per lb. higher. Canterbury, 4id. per lb. lightweight, as high as 43d.; heaVy-weight. 4Jd.-. North Island, 41d.

Lamb.—Tho market is weak, with downward tendency. Prices have declined id. per lb. for best quality. There is a dull 6ale for heavy carcasses of lamb. Canterbury twos, 6d. per lb.: heeavy-weleht fours. 5d.; other • than Canterbury, 5Jd. Beef.—The market is firm. Thero is a poorer demand for fores. N.Z. hinds. :4}d. per lb.; fores, 3Jd.: chilled hinds, 6 6-16 d. per lb.; fores, 3d. Butter.—Tho market is auiet. There Is no change in prices. Cheese.— I Tho market is firm, and prices continue to advance. There ia a good do mand for New Zealand cheese, first hand stocks of which are practically cleared. N.Z. white, per cwt., 655. 6d.; coloured. 653. 6d.; Canadian, new make, finest white and coloured, 635. to 655. Hemp—The marKot is rather unsettled and speculative. Prices are irregular. N.Z. good fair grade, per _ton, £29 10s.: fair, £26; fair current Manila, £29. Forward shipment, about tho same. Tho output from Manila, for the week was 16,000 balea. Kauri Gum.—Tho market is quiet, but firm, with a fair demand. Dark brown selected Tescraped, per cwt.. 140s. to 1605.: dark' brown three-quarter scraped, 955. to 1055.; dark brown chips, drossy, 40s. to 503.; rescrapod palo amber. 2405. to 280 a. : three-quarter pale scraped, 180s. to 2005.: diffgors' nhips, sood, 70s. to 80s. Wool.—There is a strone market for all Krndo3 of coarse crossbred*, a Hrm market for merinos, but prices are irregular for all grades of fine and medium <rosshreds. Wheat.—Tho market is dull, with n. downward tendency. N.Z. lone-herried. ex granary. per quarter of 4961b.. 395.; N.Z. shortberried, 376. . Oat«.—The market is dull and decllninir. X Z oats, short (Sparrowbills). ej eranary. per quarter of 3841b.. 225. 6d.: N.Z. (Danish), per quarter of 3201b., 20s. Beans.—The market i" very quiet; nothing doing. N.Z. bcan3, f.a.q. (new crop), per 5041b., 375. Peas.—The market is steady, with a moderate inquiry. N.Z. (partridge), ncr 5041b., 40s. LONDON WOOL SALES. By Telegraph—Press Association—Copyright London, Jul.v 6. There wcro small selections of merinos at. the wool sales, and Eood competition. The following prices were realised for the llccci) portions of the clips named:— "Monte," top price 10d., average 9id.: "Arawa," Hid; and 104 d.; "ltiolimond, llid, and lid.; "Run." 12(1. and lUd.; "Ox Creek," 12Jd. and lUd.; "Waimai. 13d. and 113 d- "Argylc," 13d. and 12 3-Bd. There has been catalogued 50,177 bales, ami sold 42,692. Messrs. Murray, Eoberts and Co., Ltd.. havo received the following wool markot cablegram from their London representatives, Messrs. Sanderson, Murray and Cot. dated July s:—"The market is very irregular. and is weaker, excepting for Uio best descriptions." LONDON MARKETS. <, London, July 6. Copra.—There are smaller shipments, and business is inactive at an advance of 7s. 6d. <i ton. South 6ea. in bags, £29 ss. down to £29 2s. 6d. per ton. Cotton—July shipments of American middling cotton are clearing at 6.43 id. per Rubber.—"Fine, hard Para Tubbcr is quoted at 3a. 9Jd. por ib. N.'/i. Ileiup.—Tho markot ic? flat. New Zcnlnnd fair grade, July-Scpteuiber shipment, £29 10s. per ton.

.Into.—The market is weak. Old crop. Xntive first, marks. on fiuot. £29 per ton: Aupiist fsjiipment n-t £?.7Antimony, £8 per U>u (or 50 uer cciit. aia>

WHEAT AND FLOUH. 13y Telegraph—Prefa Association—Copyright London. July 6. Wlioat.—Market steadier, and fair inquiry, with moro biddine for near cargoes, for which 375. 3d. is asked; 365. 9d. is being bid for New South Wales iTflivuary sailer, and 375. 6d. ia asked for July. The wheat and flour afloat for tho United Kingdom totalß 3,305,000_ Quarters; for tho Continent, Atiantic ehipmontd. 277,K9; Pacific, 36,000. The total shipments to Europe during tho week amounted to 1,01 S ,OCO quarters, including 65,000 Australasian. MANUFACTURING METALS. London, July 6. Galvanised l iron, first brands, £15 15s. Dcr ton; second, £14 15e. Tin platos. 1.0. coke. 14s. per cwt.: 1.0. charcoal, 15s. Fencing wire is auoted at £7 12s. 6d. Dcr ton. \ Angle steel, £6 7s. 6d. ner ton. ■ IKON AND BTEEL MARKET. (Rec. July 7. 11.30 p.m.) London, July 7. Tram rails axo auoted at £5 14s. 6d. per ton.