COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1798, 10 July 1913, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHARES. The sales of investment shares recorded yesterday wore National Bank at £5 3s. 6d., Wellington, Trust , arid Loan at £7 Is., and New' Zealand Insurance at £5 53. 6d. The quotations were as under:— liu.ror3, Sellers £ s. d. £ s. d. National Bonk 5 3 0 — Metropolitan Building ... — 12 7 6 N.Z. Loan and Mercantile 0 10 4 — Wellington Investment ... — 0 12 0 Well. Trust and Loan .... 7 0 0, 7 2 0 Wellington Gas (£10) 16 2 6 — Wellington Gas (pref.) ... 0 19 3 — N.Z. Insurance 5 6 0 — Ohrisfchurch Meat 15 2 6 — Gear Meat (£4) 12 7 6 — Gpar Meat (£1) 3 3 6 —. Union Steam — 2 4 6 Tarinjamutu Totara 2. 3 9 Golden Bay Cement — 10 0 Sharland's preference .... — 116 Ward and Co : 5 2 0 — W.F.O.A. (£5) — 7 2 6 W.F.O.A. (£1) - 18 3 NINE MONTHS' EXPORTS. The values of the principal products exported from New Zealand during each of the nine months.ended June JO last, compared with, thp flciu'e.s for the correspondin:: periods of last year, show as under:— 1912-13. 1911-12. £ £ October 953,202 614,C07 November 1.148,094 1,146,503 . December 1.7C4.810 1,285,122 . January 2,826,257 2,490,165 February 3,629,785 2,904,753 March 2.527.987 2/65,077 April 2,362,445 1,999,808 Mny 2,050,220 2,373,802 June 1,835,971 1,303,237 19,038,771 16,662,474 • These figures 6liow an increase of £2,376,297, which is extremely satisfactory, and if the present, ratio of increase is continued tho produco year should show an export of over twenty millions sterling. BRITISH THADE. Tho volume of British trade during tho first six months of the current year 6hows an. euormoue expansion. Tho Imports are greater by £29,691,283, the exports of British merchandise were larger by £29,790,821, and the re-exports were greater by £1,223,866. Tho figures for each month compare as under :— IMPORTS. 1912. 1913. January 60,092,582 71,371,123 February 59,719,722 61,796.373 March 61,192,589 61,112,058 April 60,415,114 62,966,313 May 55,130,632 61,341,920 June- 50,663,965 58,318,100 347,214,604 376,905,887 ' EXPORTS OF U.K. MERCHANDISE. January 40,416,812 45,445,699 February 37,490,329 40,172,753 March 40,713,971 39,737,995 April ; 32,887,127 43,052,589 May 38,832,475 43,858,262 Juno 34,972,331 42,836,568 225,313,045 255,103,866 RE-EXPORTS. January 9,594,626 10,705,961 February 10,724,619 10,746,251 March 10.866,706 9,633,223 April 10,084,058 10,060,720 May 10,825,163 9,370,315 Juno 5,738,549 8,541,117 57,833,721 59,057,587 PERMANENT INVESTMENT OF WAIRARAPA. The fortieth nnuuni report of l.iio Permanent Investment nnd Loon Association of Walrarapa for the yoox ended JU? U, 1913, shore tluai, »h.era ar« 1534 invest nent

shoves now current. 185 phare-s having been paid ofT, ond 147 new onci? if-suml. Tho | oraount of mortKajjcs is now £50,790 Vs. lid. Tho net profit for the year was £2*12 18s. i Id. The association has apparently had a very prosperous year. At the annual meeting held in (ireytowii on Monday. Merer*. | Caselborc: and Bidwill were rc-oloeted dircc- j tors, ond Jfcsers. Pudding au*d Webster | were reappointed auditors. • j DOMINION CEMENT CO. ! Tho directors of the Portland Cement Company. Ltd., have authorised the manager (Mr. W. J. Wilson), and a director (Mr. Oeorcjc* Vliwtone, of Auckland) to proceed to** America and Kuropc to arrannc for til© puroha.se of certain- parts «f machinery to brine the company s plant rleht up to date. Tho directors further authorised Mcs'sr?. .'Robert M'Xab ond C. Slook. directors, to affix the company's seal to the licem?o authorisinc: the company to procure hydro-electric power from tho Wairua Falls. Customs duties colleclcd at the port of Wellington yesterday amounted to ££004 10s. 3d. FINANCIAL CABLEGRAMS. By Telegraph—Press Association—Copyright London, July 8. fcetorday's closing quotations were ad follow:— Bn.uk of Australasia, buyers £115, ecllcrs £117. Bunk of New South TValw, buyors £37, sellers £40. Bank of Victoria, buyers £4, sellers £4 10e. 1 Union' Bank of Australia, buyers £52, cellars £54. National Bank of Auitralasia. buyers £5, sellers £5 10e. National Bank of New Zealand, buyers £4 colors £5 l(fe. Bank of New Zealand, buyers £10 10a., sellers £11 10s. K.Z. Loan and Mercantile Agency 4 per cent., debentures, £94 lO City of Melbourne, 4 por cent, deben{.urea. £98. Melbourne Harbour Trust. 4 per cent. debentures, £96. Helbourno Tramway Trust. 4J per cent debentures, £100. Melbourne and Metropolitan BoaTd of Works, 4 per cont. debantures, £95. Australian Mercantile debentures, £90. flalgety and Co., 4 per cent, debentures. £91. ' Dalgety and Co.'s shares, buyers £6, sellers £6 10s. - Melbourne Ga.s Co's debentures, £99. City of Sydney. £99. Gotdsbrough, Mort and Co.'s debentmres, £96 ICtf. LONDON WOOL SALES.' •London, ..July 8. At the wool sales there was a. better selection, and good competition l by Conti* nental buyers. Merinos were very firm; prices for others unchanged.' Messrs. Dalgcty and Company, Ltd., Wellington. have received cabled ' advice from their London office, under date July 8, as follows:—"The programme of the wool sales will bo shortened by three days, and it is probable that 4C.CCO to 50,000 hales will not he offered. The sales coutinue without further change and merino wools, inferior and faulty, arc .slightly easier." Messrs. AbraV-im and Williams, Lbd.\. have received' the following cablegram from their London' agents, dated July 8:— "The wool sales continue to a good attendance of buyers, and there is a, slight decline in the prices as compared with tho closing rates of last ponies. Fine and medium crossbred ajid merino prices are down 5 per cent., with the market very steady. Coarse crossbred prices show a decline of Z\ per ccnt., with the market steady." SILVER. London, July 8. Bar silver is quoted at 26 13-16 d. per ounce standard. QUEENSLAND POTATO CROP. (Rcc. July 9," 8.30 p.m.) Brisbane, July 9. Many of the potato crops have suffered from Irish blight. Experta fear that most of tho winter crop will be destroyed.