COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1845, 3 September 1913, Page 10

COMMERCIAL ITEMS.

• INVESTMENT SHARES. 1 Sales of investment shares recorded yesterday were: Bank of New Zealand at £10 10s.; Wellington Woollen, ordinary, £4 35.; and Ward and Co., £5. The quotations were as under:— t Buyers. Sellers. £ s. d. £ s. d. Bank Now Zealand — 10 12 6 Equitable Building •- 9 5 0 " National Mortgage 3 19 6 — t N.Z. Loan and Mercantile u 11) 4 — j Well.-Trust and Loan ... — 7 2 6 Wellington Gad (£10) 15 16 6 — N.Z. Insurance 5 5 0 5 7 0, - N.Z. Shipping 15 10 0 16 0 0 Union Steam — 2 4 6 . Well. Woollen (ordinary) 4 2 6 4 4 0 i Well. Woollen (prof.) - 3 2 6 " Leyland-O'Brien — 14 6 i- Taringamutu Totara 2 4 6 - — •- Golden Bay Cement — 1 J 0 r i Manning and Co — . , 5 Shaxlnnd's preference ... — 1 1 9 Ward anil Co 4 19 6 5 0 6 O W.F.C.A. (£5) - 7 2 6 W.F.O.A. (£1) ■ - 18 3 !. DAIRY PRODUCE TI'ADE. „ The annual roview of tiho dairy produco trade, published by Messrs. \V. Weddel and Co., London, is' to lianil by the mail, fc With regard to the quality of the butter, if the review says:—"Whatever may bo the . cause, thero ia no denying the fact that the quality of Australasian butter this year was not so good as in the previous o season. A distinct improvement in New Zealand was then recorded, though there was at the came time a falling-oil' in quality of AuSralian, attributable to the 1911'1 1912 drought in Nct; South Wales and )f Queensland. Last year the drought passed away from Queensland, but. unfortunately. ' appeared in Victoria, tile premier Slnto 1_ in Australia for quantity and quality. K Consequently, the proportionate shortage of ic 'ehoiccst' butter on Uritisli markets has been accentuated, and this had had the effect of lowering the avcrago of Australian quality. After allowing full consideration for the iseriou; difficulty which [ • there is ill producing 'choicest' butter under droughty conditions, there teems to liavo 1 een a steady decline in the quality of tho •° bulk of Australian butter. Some factories ;il keep up their high reputations, but all well-wishers of Australia regret the noL sencc of tho genera! high standard ot quality and file bright promise of increasing excellence that characterised Imlt porta a few years ago. New Zealand, butrp tcr during the past season, while etill maintaining its superiority over Australio,u, has shown in a few cases a falling av.ay from the standard of previous years, t- nnd has not fully maintained the progress „ rcoorded a year ago. The increasing u*o Z of private separators and of imlkiug mncli't j nr , 9 suspected as a probablo cause of tl- this decline. It may bo that climatic conditions during the past season were „f not so favourable for hut.ter-inak.iii..' a.s forv, merlv, or it may be that some of the fac- '« torios which were specially recognised for la the BUnerior ouol-ity of their output have f_ been converted into choose factories, but, in any ca.'-'-e. there was not the same pro- ' 'portion of choiost huttcr exported to tho United Kingdom as in tho procodmg year. TRADE IN ALLT3H STREET, ll- Fruit.—Thi Tahiti, from San Francisco, T vfitfhe Cool? Wands, due oil Thursday of next week, is bringing coneigainients of Californisn apples and nears, and Island st orangey, bananas, and kumeras. By the ill Melbourne boat last Friday 300 boxes Australian poars wero received, also o. small I lino of apples. The Sydney steamer, due to-day, brings the usual weekly shipment U- of oranges, lemons, mandarines, passion fruit, pineapples, and Seville oranges. Very few cnples have been received from tho llotucka district this week, nnd consignments are recommended. "U Vegetables.-The first of the peason s p'r asie"ir:n;ns was marketed this week, nnd J satisfactory priccs were obtained. Much "" heavier supplies of rhubarb arc coming lie to hirnd, and pricc3 have declined some-

what. Cauliflowers, cabbages, pumpkins, and marrow,-, have good inquiry, nnd parsnips, ca.n-ots, and celery are meeting with good competition. Potatoes arc in heavy supply, and good sound table potatoes arc quoted at, £3 ss. to £3 10s. per ton. Seed potatoes ore also in heavy 'Kiipply, and sire now- quoted at £4 per ton for Up-to-date, end Northern Star £4 10s. I'or Gamekeeper, and 16 10s. fur 'Reauty of Hebron and Early Rose. Onions.—Tho bulk of the supplies on tho market is from Japan, and the quality is satisfactory.' Canterbury-grown onions are still coming forward, onii selling at £8 to 5.9 per ton. Flour.—Wceklv shipments continue to come from Australia. New Zealand Hour io without change at £9 per ton f.o.b. south, less tho u,-niai discount. Bran.—.l fair business i, doing on tho basiri of £4 15s. per ton. Pollard is soiling at £6 10s. per ton. Mair.o is in very poor demand at is. llii. to sr;. per bushel. . Rolled oats. Thistle brand, in 4Mb. bags, sell at Mi. per dozen. Oatmeal—Leading brands arc quoted at £14 to £14 iOs, per ton, ex storo Wcllington. , , . ' . Oat'*—Thoro is very little Imsiiw&s doiug. Short feed. 2c. Bd. to 2s. lid. ti biiehol: feed Algerian, 2*. 7d. to li. lCd.; ecod Aljceiftii. lid. to 3?. 2d.; deary dun oat?, 35.; discoloured nnd soft, 2*. sd. to 2a. fid. Oliaff ha? fair inquiry, arm the violation for primu oaten nhcuf chaff w £5 to £5 £c. per ton. sacke in. 1-Vfrg are in pood demand <it Is. p&r dozen. Butter—Prime milled, in bulk, has good inquiry at Is. per lb. good quality, lid. Partridge poas are dull of sale at 4s. 3d. to 4s. fd. a bushel. . Prussian blue pcas.-Vory little business doing at &. to ss. 6d. a- bustled. Feed bar.Y>y is nominally 03. to 3s. Id. a k'oape' barley is slow of eale si 3«. 3d. a b Poultrv.-Hena, 3a. 6d. to 63. per pair for good table birds; cockerels, 4s. 6d. to 65.: l'ekin duekf, 7s. to Bs.; Indian Ri'Jluers, ss. 6d. to 65. 6d.: turkey gobblers. Is. per lb. live weight; liens, lOd. per lb. Cuftoms duties collected at the port of Wellington yesterday amounted to £ZOoS IGs. 2d. GRAIN AND POTATO 3IARKET. (By TelcgrapQ.—Preca Association.) Cliristchurch, September 2. There to no change to report in the_ local I crain * and produco workct, businc\-», exccpt ill seed lines for the current season s sowing, being practically at a standstill. Potatoes arc dull of sale, and prices -remain about the same, the market, if an; - thing being easier. ■ SYDNEY WOOL SALES. By Telegraph—Press Association—Copyright (Rcc. September 3, 0.35 a.m.) Sydney, September 2. At tho opening of the wool sales Eeason, competition was keen, the demand, being especially strong for better-grown wools. Compared with tlio previous ealc, prices ranged from par to 24 per centlower. The top price for greasy was 113 d. LONDON MARKETS. (Rcc. September 2, 11.50 p.m.) l.ondon, September 2. Copper.—Supplies for August total 9.302 tons deliveries, 50,684 tons; stocks, tons; afloat, 42C0 tons; European visible suoply, 34,945 tons. Tin.—Stocks, 12,841 toils; spot, 1470 tous, afloat, <694 -tons; deliveries, 337-1 tons. - ■ Tallow.—Stock', 7209 casks; 1 imports, 4845 ca.sks; deliveries, 3953 caSiis. Wheat-Dull market; decline of 3d., owing to continued liheral offers of Ru:isiau wheat, and the pressure ot Amcncan winter wheat. Australian April sailers are offering at 365. 3d. MINING NEWS. WELLINGTON SHAKE MAR.KET. R-oss Rcconstructeds wero apparently neglected yesterday, and tho shares dropped to sellers 13-s. 6d. Waihts were also weaker. Tho Ealcs recorded at tho morning call w'cre! Walhl, 455. id.; Waihi Grand Junction, 21b. 3d.; Waitftngi, Bd.: Taranaki Oil, 12s. 6d. There wero no transaction at tho afternoon call. The quotations were a> under;- 1 Buyers. Seller?. £ s. d. £ s. d ; Con. Goldficlda - jj 14 j Now Sylvia 0 0 11 0 1 1 I'roPT'v-M —• 0 0 0 lloss Reconstructed" 0 12 6 0 13 0 Talisman '. 1 W \ Waihi ?5 5 tn 2 Waihi Grand Junction ... 1 0 0 10 9 Waihi-raeroa — J J Waitangi 0 0 8 0 0 10 . STOCK EXCHANGE. ■ (By Tolcgrapli.—Press Association.) Auckland, Scptembei 2. The following piles were made on tho Stock Exchailgo to-day 1— South Britislu. Insurance, £3 18s. 6d., £3 18s. Waihi, £3 4a. 9d. Talisman Consolidated, £2 Is. 6d. Waihi Grand Junction, £1 os. 6d., £1 C "itoss Goldfields, 13s. 3d., lis. Id.. 13s. 2d. (two parcels). 135.. <d., 13s. 3d. Kurunul Caledonian. 4a. Rising Sun, 2d. Auckland Gas, £1 Bs. 9d. N.Z. Insurance, £5 6s. Tlio following sales were reported :—N.Z. Insurance, £5 6*.; Auckland Gas, £1 Ba. >1.; Takapuna Tram and Ferry Co., Vs. 3d.; Ross Goldfiolds, 15s. 61'. Ohristctiurch, September 2. ' 6ales reported:—Nov.- Zealand National Bank, £5 75.; National Mortgago, £4; Christeluirch Gas, £7; Taranaki Oil Wells, 12s. 6d. , , tlunedln, September 2. Sales reported :—Waihi, £2 ss. 3d., £2 ss. Union Steam. £2 4s. 3d. Junctions, £1 Is 3d., £1 Is. GOLD & SILVER. RETURNS FOK THE SIONTH. Tho following shows tile quantity of gold and silver exported from New Zealand during the mouths of August. 1912 and 1913, and for lli& lirsl eight months of those yCarS: - ' Gold, August. 1913. Oz. £ Auckland 18.170 68.476 Greymouth 1£,542 50,204 West.port 2,305 8,706 Jlokitika 2,199 8.795 Dunediu 5.M! 20,167 40,364 156,348 \ugust, 191S-14,0190r. valued at £54.589. Increase for August., 1913, 26,3450z„ valued • Si £101,759. Silrer. August, 1913-68,1350z., £7446; August, 1912— 75410z., £811. Increase for August, 1913, 60.5940Z.. £6605. For the oight months ending August 31, 1913 -and 1912:- ■ 1913—Gold, 250,7490z„ £982,962; silver, 674,0740z., £71,234. 1912—Gold, 251,8670z., £988,757; silver, 605.841 07... £62,682. . Decrease in sold lor eight mouths, 1913, 1118oz., £5513: increase in silver for same period, 1913 , 68,2330z., £8552.