COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1856, 16 September 1913, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHARES. A sale of Westport-Stoc-kton Coal nharcs at 4s. 2<l. woe the only transaction in investment shares yesterday. Tlie quotat.ion.3 ware as under:—

LOXDOX STOCK EXGHAXGE JJEPIUSSSIOff The en tho London Stock Exchange appears to. have bceu pronounced in tlio Jum-July month-. The "Rankers' Macrazme" (London) prepares o. tabic on t.lic twentieth, or uc>arcr*t- date thereto, and don.l.s with 387 representative securities, covoriwr n-U the' classes c»£ securities dealt in on the London Stock Exchange. The par or face vn'.ne of these fceenritiec total £3,424,586,000. in July there was a. fall of £11.203,000. but thk floes not jrive any idea of the monthly movement*, which arc in- i terestin*. The- figures (MO'a omitted] for I 1912 and for the seven months of the cur- | rent y«or <irc as under:—_ }

It will bo noted, that up to May the aggregate values wore above the par value of ■the securities, but, in. l .lime, they dropped below that lsvel. and in July went still lower. Since the middle of January to tin l middle of .Inly the vol no of tho securities decrease! by £155,429,000. Customs duties collectcd at the port of Wellington yesterday amounted to £2472 63. 7d. TVESTPOHT-STOCKTOX COAIi. (By Telegraph—l'ress Association.! Westport, September 15. The Westport-Ftockton Coal Company have just completed one and a half miles of electric railway to connect with their new cool Held;, and their consulting engineer, Mr. Ashley Hunter, M.1.C.E.. who has been down inspeotin E the work, expressed himself as confident as to tlio prospects of the company. Tho quality of .the coal in this new field is said to be in every way most promising. HIGH COMMISSIONER'S CABLEGRAM. The Department of Agriculture, Industries, and Commerce, has received tho following cablegram from the High Commissioner for New Zoaland, dated London, September 13. (Note: Quotations, unless otherwise -specified, are average market prices on spot) Mutton.—Tho market is firm, nnd prices continue to adyance owing to River Plate and Australia,™ mutton being.in small supply. Canterbury, 4*d. per lb.; heavyweight, 4^d.; North Island, 4 3-Bd.; cwea, 4d. Lamb.—The market is di:>!t. but' prices are firm on account of holders not being anxious to selL Canterbury two's, 5 11-16 d. per lb.; heavy-weight foul's, Sid.; other than Canterbury, 5 3-Bd. Beef.—The market is firm. There is a. good demand for hinds. Now Zealand ;hinds, 4 J-16d.'par lb.; fores, 3d.; chilled : hinds 4 3-Bd.; fores, 3d. Butter.—The market is firm, with a good demand for choicest., but a poor demand for low grade?. The market jtati boon unfavourably afTccted by largo quantities at present iu store. For -some time past choicest Danish has been quoted, per cwt., 130s. to 1315.; French. 110s. to 1163.; Dutch. 110s. to 1145.; Australian, 104s. to 110s.; Siberian, 100 a. to 104s. Cheese.—Tho market its firm, and prices are rising for CamacLian and Englieh. Expest prices will advance for English. New Zealand stocks arc almost exhausted. Canadian, prr cwt., 665. to 675.; New Zealand, 68s. (nominal); English cheddar, 70s. to 80s. jlomp—The market is depressed. Reports from Manila indicate that dealers aTO holding for better • prices than' obtainable here. Demand, spot ig pood. Fair current Manila, per ton, £31. October to December, £30 ss. The. output from. Manila, for the week was 15,000 bales. Now Zealand; The market continues dull iu sympathy with Manila. New Zealand, good fair grade, per ton. £30; fair, £25 10s.; October to December: Good fair, £30. Business has been done in fair grade this weak at £25; psllors die asking £25 10s. Sisal; The disturbed political situation in Mexico has dopressed tho market. At present tho tendency in downward. The price in New York i? 53 cents, equal to £29 per ton* c.i.f. Europe. , . . , Wool.—The market is imiet but firm, though new business is not very large. Hops—lt is anticipated English new crop will be of excellent quality, but 50,C00 to eO.OMkiwt., Abort of Inst yoair; American crop i 6 expected to be. good; Continent export wi'il be small, owing to German ■and Austrian crops .being below average, and showing combined shortage of 3CO.CCO cwt. Future prospects aro good, and the market shows signs of strength. ■LONDON MARKETS. By Telegraph—Press Association—Copyright London, September 14. Copra.—The market is irregular. South Ski-, in bags, August-September shipment, £31 ss. per ton. Juto—Native firat-marks, September shipment, £33 15s. per torn . ._ Nov.- Zealand llemp—The market 16 dull; good fair grade, October-December shipment, £30 per ton. Rubber— Fine hard Para rubber is quotod at Ss. Bd. per lb. • Cotton —Septembef-Octobcr , shipments of middling American cotton are clearing at 0.86 id. per lb. WHEAT AND FLOUR. London, September 14. Tho wheal and flour ailoat for the United Kingdom Ibtals 1,725,000 quartern; lor tho Continent'. 2,305.000; Atlantic .shipments, 335,MO; Pacific, 15,C00. The total shipments t< Europe during tho week amounted tc 1,290,C00 quarters, including 11,000 IromAus tralaeia. '

Buyers. Rollers. £ 3. (1. X s. d Wellington Investment ... — 011 9 Well. Trust ami Loan 7 16 7 2 6 Cliristelniroli Gas — 7 10 Palmert'ton North Gas .... 9 0 0 — Wellington Gas '£10) 15 18 6 — S-'tandard Iniiimncc — 1 12 3 Mwi't 15 7 6 — s Gear Moat (£11 i 4 6 - "Meat. Kxiiort (52s. 6(1.) ... — 3 2 6 N.5i. FShippinpr 15 15 0 — Union Steam — 2 6 0 Wellington-Woollen (onl.) — 4 10 Wellington-Woollen (prcf.) 2 19 0 — Lcyliiivd-O'Bricn — 14 6 Tarinsamut.il Totnnt .... 2 5 0 — Golden Pay Cement — 10 0 wefereuce ... 1 1 0 W.F.O.A. (£3) - '726 W.F.C.A. t£l) - 18 3

1912. 1913. <£ £ ■ Januarv j,603,3GB 3,539,166 February 3,603,860 3,491,232 JUrrh 3,600,038 3/63,139 . April 5,619,769 3,496,540 Mfcy 5,613.769 3,485,174 June 3,588,531 3,397,000 .Inly 5.554,666 3,385,737 August 3,597,330 — September 3,600,177 — . October 3,535,007 — November 3,556,698 ~ December 3,525,850 —