COMMERCIAL, ITEMS.

Dominion, Volume 6, Issue 1844, 2 September 1913, Page 10

COMMERCIAL, ITEMS.

INVESTMENT SHARES. A solo of Wellington Gas (preference) at 193. 9d. was tho only transaction recorded in investment shares yesterday. . The quotations were as under:— \ ' Buyers. .Sellers. £ b. d. £ s. d. National Bank 5 7 0 — . N.Z. Loan and Mercantile UlO 4 — WclL Trust and Loan ... 7 1 6 7 2 6 Feiilding Gas — 015 0 Palmerston North Gas ... 9 0 0 . — Wellington Oa« (£10) 15 16 6 * — Wellington Gas (pref.) ... 0 19 6 10 0 N.Z. Insurance 5 5 0 5 6 6 S.B. Insurance 3 17 0 — Standard Insurance — 1 12 3 Christchurcli Meat —. 15 7 6 .Meat Export (525. 6d.) ... 3 1 0 . . — ' Union Strain '2 3 9. - 2 4 6 Itaiapoi Woollen (ord.) ... — 5 4. 0 .Well. Woollen-(ordu) ...... 4 0 0' — Well. Woollen (pref.) 3 0 0 - Westport Coal 18 6 — WostportfStoototoai 0 3 10 t — • Taringamutu Totar-a • 2 4 6' — 6old«n Bay Cement ...... — 10 0 Sharland's preference ... — 119 Ward and Co 419 6 5 0 6 W.F.C.A. (£5) - - 7 ,2 6 W.F.C.A. (£1) . ~ • 18 3 ■ " ;"'THE MONETARY POSITION. - Presiding at the half-yearly meeting of tho..shareholders" of the Union of London and' Smith's Bank on-July 23, Sir Felix Schuster had tho following: to .say • path, respect-to the monetary ouitfook"lt ww a cause for considerable satisfaction that credit had beon eo little distributed by the events of the last few months. It seemed that in consequenco of the war and tho' preparations for war on the Continent concudea-able hoarding hod taken piece in various countries, and-when peace was restored these hoards, tho amounts of which .it was difficult to estimate 1 , would gradually return to the .monetary centres and bring considerable Telief. ' On- the Ibarreste a great deal 'would depend, and th.o?e in the Unitod States a.wd Canada np •peared to i>e promising. In the United States trade seemed active, but. on the other hand, there were adverse factors in the war on the Continent. the condition of Mexico,- where much British canital was iwve?ted, the diequietmp reports Cham, amd also tho serious labour trouble in tho Transvaal. There seemed to be no reason far taking am -view of the monKarv eitu-i ttfm 7! only w« held our hands for a little while, and did not lend too freelv to foreign nations, the economic -position of the country w.i 9 no ptr'nng thipt would flow in natnrally, and we should be able to d*al with, the usual autumnal demands ae they arose.' CUSTOMS. ■ , Customs druties oolleeted at' tho*. port of Wellington on Saturday totalled; £929 6?. 2d.,' tho amount for the' week .being £15,876 le. 2d. The returns for each of the past eight weeks, compared with the figures for the corresponding period of the previous year, show as under:— 1913., . X 912. ' • July 32 i 22.236 22.931 • - July .19 '. .13,709 . 9.067 / July 26 21,928 11.292 . .•.August 2 12,540 12,348 v-, August 9 •'..... 24,194 •' 10.479 August 16, 10,344 9,114 August *23 £ f 27,014 27,261 August 30 15,876 17.218

£1'47,841 £119,710 The beer duty collected for the rast week waa £2C9, as against £291 7a. Id* for tho corresponding week of lnefc year. Tho Customs duties collected at TVelliu,!?. ton yesterday totalled £1604 .13. Id. ' The collections for the month of August amounted to £60,726 ICa. lOd. Tho returns for of the past eight, months, compared with tho figures for tho correKucndiiiij periods of last year show as under;— 1913. 1912. £ a. d. £• fl.. d. January 96,827 2 4 . E4.856 14 6 February 8 1 .918 16 5 72,741 10 5 : March ■ 77,483 3 4 74,484 3 6 April 61444 17 9 67,986 6 3 . May 67.998 5 2 61,666 15 8 .Timo '68.565 3 - 7 63.980 16 3 July 75.657 13 5 60,602 5 0 August 80,726 10 10 69,492 8 8 £617,62112 10 £555,811 0 3 Tho beer duty for tlhe past month amounted to £926 13s. 3d., as lag-ainst £1072 12s. 9d. for Auzust of last year. FROZEN MEAT. Messrs. Gilbert Amlcraou and Co. (Messrs. Molkop, Ellott, and Co., local occnts), writing under date London, July -24, report 00 followss- . Tlio market still contmuos quiet, with' little or no alteration in values. Trade is not good, but we are hopeful ox being dblo to Toport a better feeling by tho next opportunity. . ' Home-grown.—Beef: Scotch, ud, to juu.; Engliph, 6Sd. to 63d.; Irish. 6d. to 64d.; Canadian, 65d. to 6fid. Jfuitton: Scotch, Bd. to 9d.; English, 6Jd. to 71d.;. Dutch, 63d. to 7id.; English ewes, sid. to 5Jd. ■ Lambs: Scotch, Bid. to 9id.; Fdigfeh, 7id. to 9d.;. Dntoh. 7d. to Bid. Yeal, 7Jd. to Bd. Chilled Beef—Remains fajrly eteady. Fores, 3id.; Mnda, sd. Frozen Pecf.—New. Zealand fores, 3sa.; hinds,- 4id.; Australian force. 3Jd.: hinds, 3Jd.- South American fores, 3d.; hinds. 4Jd. Frozen Mutton.—With poor demand prices hfl.ro gone back. Canterbury, 48-56, 4 5-16 d.; 56-64, 4 5-16(1.; 64-72, 4 l-16d.; best North Island, 56-64 , 4Jd-; ordinary, 56-64 . 4 3-163.; ewes. 33d.; Australian, 30-50, 3Jd.; ewes, ■ South American, 56-72, 4 l-16d.; ewes, 3 !W 6d - . . , J , (M Frozen 1/a.mbs.—Are qimtod at 1-16(1. dearer than lost week. Onffutcrbury, u-36, 53d.; 36-42. .5 3-16(1.; 42-ffl, 4 13-16 d.; beet Koirlh Islandi, 28-42, 5 3-Bd.; ordinary. 28-42, 5 5-16 d. . Australian and Plaito lambs not quoted. HIGH COMMISSIONER'S CABLEGRAM. Tho Department of Agriculture. Industrice. and Commerce has received the following cablegram from tho Ilif?h Commissioner for Now Zealand, dated London, August 30. (Quotations, unless otherwiso specified, tvro avcrace mairket prices on button.—Tlieire hn« been a better tone in the mairket this wools. Canterbury, 4 3-16 d. por lb.; North' Island, HE for beet auality, Mght-weight 4 3-163. River Plate niiittOTi is in- small supply. Lamb.—Tbcre hoa been a bettor ions in the market this week. Priccs htxve slierht- : ly. advanced for all srado*. There is a bettor demand for medium crnd lieayywetehfc. Canterbury twos, 5 9-16(1. per lb.: heavy- weight four's. 4Jd.; other than Canterbury, 5Jd. . _ • . • .Bocf-The market i* st ea-dy. There-; 1* a, hotter for hind*, Zcallml bands, 4jd. m>r lb.; fores, 3d.* Supplies of /in-onivj)' chiilled ore large. Jimcit?, 4-Jd. per lb.; fores.. 2Jd. ' Buttoi - .—Tiicre Ira? berai' no aJteraUon ir> the market finee lost, week. Thore is HO chc.mre in Price of Frcn-ch lios (uH-nnced to 4s. per cwt. Oheeso.-Tiio market t? firm. ■ Tliero » v,o chuwe iro pricea for Ce.na.diam but. Xow Zealand ha:? ndvnnced la. per omt. Tbero ore Fome ofTera for finest clieefie for delivery in, canal oiwroMt4« from Dcvmner. 1913. to .Tone. .1914, imolueive. at 665. per cwt!, lamdcd tfirms. .... ' , llenvp.— I Phfl 'Mnnnla -m.n/rket .In impressed. on secrmd-hia'nid oncciilatmrn are eellins. At the elono of the market,' was eomewbe.t etcadier. Snot honp has be-n fairly Ptoadv p-t fSI to £32 per ton; October to Jlo'ceniber. £30: Joimiary t/< Hnreh. £30 10<T The fc jS T e*v Zen.tn.nrl jq oisiet.; prices ore iilfeHly weaker. ' frabM Rood t&ir "-ade. -per • ton. £30 (non'iinal); f»ir. . jjm tc?' rvo.tober;—(loo<l fa"r, m M.! to. f ; 6 "»• The oi'.tmit from Jlanila. for the week was 23 M(l lial'". . ' „ „ _ Woml.—'l'lio mnrknt. js oiwet. Co«ive rrfwebreds. all Kirades, a."; very firm. VArino pr'Tes »>re rawer. Puty s 4?d. per lb. Itle renortsd ')wt nlw.inw rif f rce wpnl i" tlie Ti ni. «d new tariff Is A\ith the Balkon. flfTnitP cls-wi"?. are f"r nx' mon''h s . Cw-Woot Se.'d. T''o r-nrkpt i» o»ief„ New pce.'l otforcil o.t '"K. but hnvpre ore lmlrtin* back. Domsh «r>ns (lire +o be a.nd the peed is considered cheaipcr at