COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1857, 17 September 1913, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHARES. Little bu&mesa was done in investment share© yesterday, o> sale of Christchurch Meat at £15 10s. being the only transaction recorded!. Bank of Jfow Zealand sftajea appear to be in> good demand, ana a sale M £10 15s. is sa.id to have been, made in a southern ,©ity. The quotations weire a 9 under;— / Uiitam Rpller*.

' WAIBAEAPA FARMERS' CO-OP. The balance-sheet of tlie i WairaTiMJa Farmers' Cooperative Association-, Ltd., i for tho ywr ended My 31 is now available. 11l their report tho directors eay "Taking into consideration the stringency of the money market during the wholo of our financial year, which had the effect of restricting trade and commerce, lessening* the spending power of tho people all over the Dominion', we consider the result satisfactory. After having made amplo provision for bad and doubtful debts,- depreciation 'of stock and plant, and payment of auditors' f«3, the net profit for tno year is £10,747. To this haa to be added £7199, carried forward from last year s l profit and lose account, making the total available for division £17,346." The i directors recommend the following distribution:— Dividends on paid-up capital, 0 per cent., -And 1 bonus of 5 per cent.; bonne to Fihareliolders on, their purchases, 3 per cettt., and a bon<us to the heads of such ♦departments oe have contributed! a proportionate share of profits. After paying the Govemrment income tax *.nd the hrnoramm to directors there wll remain the 1 sum of £6600 to be carried forward OJe gross profit for the year was £23,29814®. 2d.

TRADE IN AI-LEif STREET. Fruit.—The whole of tho pears ex Tahiti from Soil Erancisoo wero condemned, on account of being affected with codlin moth, and t/hfi whole shipment was carried away from the Dominion. Moderate supplies of apples are being received from the Motuelia district, and realiee satisfactory prices!. The bananas cot Tahiti were cleared at oicellent rates. The Sydney steamer due to-itoy as bringing only a light shipment of mandarines, passion fruit, Seville omngce, lemons, sweet ecrganos, and pine"^Tegeta.bles.—Consignments of caoilifloWers, pumpkins, and marrows can bo recommended, as prices are just now ruling high. Rhubarb is in fair supply, the market being fed from the Hutt district almost daily. Potatoes.—Tho ' market has improved plk'hUy, and sound table potatoes are selling at £3 sk. to £3 10s. per ton. Seed . potatoes, TTp-to-Dnte, £3 lCs. to £4: Northern. Star and Gamekeeper, £4.. Onions—Heavy shipments of Califorman onions wero received ex Tahiti, and opened up in excellent condition., reoJisias £11 to £11 10s. per ton. Flour—New Zealand continues to ecu at £9 per ton f.o.b. south, less the customary discount-. ... Bran,—There is a fair business doinsr at £4 12s. 6d. to £4 15s. per ton>. P0113.nl lias good inquiry at £6 2e. 6a. to £« 10s. per ton. Jfaizo is slow of sa-lo a,t 4s. led. to se. per bushel. . Rolled Oats.—Thistle brand, in 4jib. basrs, 10s. per dozen-. Oatmeal— Leading brands, £14 per ton, ex store Wellington. Oats—The market is unsteady. Short feed, 2s. Bdi to 35.; feed Algeriam, 2s; 7d. to 2a iOd.; seed Algerian', 3s. to 3s. Id.; heavy Dim oats, 3s. to 3e, Id-.; discoloured oats, 23. 6d. to 2a. 6d. Chaff.—Stocks have been reduced considerably; prime oaten sheaf chaff ib quoted at £5 to £5 6s. per ton, sack's in. Fresh egge «re ill ffood demand, at Is. Id. per dozen. • Butter.—Prime milled, in bulk, meets with ready s>alc, at Is. per lb.; good quality, lid. Partridge peas, good quality, fc 3d. to 43. 6d. per bushel, but tnjich lower prices havo to be accepted, for ■ discoloured camples. Prussian, blue peas are dull, at ss. to ss. 6d. Feed barley is ouiet, o.t 3s. to 3e. Id'. ■ Cape Barley—Yery little -business is doing- tlhe quotation (nominal) is 3s. 3d. Poultry. —Hens, 3?. 6d. to ss. a pair: cockerels,. 4s. fid. to 75.,- dircks, Indian Runners. ss. fid. to 6s. 6d.; Peliin, Aylesbury. and Rouen. 7.?.. to Bs. Turkoy uoliblers.' Is. per lb. live''weight; hens. Od. to lOd.

Customs duty collected at tlio port of Wellington yesterday amounted to £2301 16s 1 . 2d.

SOUTHERN GRAIN MARKET. (B.v Telegraph.—Press Association.) Chrlstchurch, September 16. ■ There is no change to note. in. tho dull sales on tlio iocol grain market. There Is somo grain. offering by growers, but buyors seem indifferent about ma.K.1112 purchases unless when spooiaily required for coastal shipment-. Taken, altogether, the present season is tho \vonsk the fjrsirt trade .has experienced for a gTeat'mony vea.rs. Potatoes are dull of sale, and the tone of the market is, if anything, weaker, £1 15s. betas the outside ruling, price.

FROZEN MEAT. Ucfsm Gilbort Anderson out! Co. (Mesne. MelUop, Bliott, and Co., local agents) report under date London, Ausust B, as fol10Trado has boon brisker, but values arc inuoh about the same, with perhaps a steady feeling;. Honie-grown-Ileef; bcoteh. 65(1. to 63d.; Enalish, 6d. to 63d.; Ii fli, 5Jd, to 6£d.; Canadian, 6><l. to 6J(I. Slutton:'Scotch, 7id. to Bd.; toelieh. 6!. d. to 7W.i Dutch. 53d. to 7d. English ewes. 5(1. to SJd. Lamb: Scotch. 7jd. to 90.: English, 7id. to BHI-; Dutch, 6id. to Bd. Veal. 6,(1. to Bd. l'ork, 7d. to 7Jd. Chilled beef: Pricce finished up firmer. Fotck. 3d.; hfaidi. sd. Frozen, beef; Fores have declined, tlio'demand at this time of the year boin o " very poor. New Zcolflnu fores. 3d<; hinds, Id. Australian crops, 3d.; hands, 3Sd. South American fores, 2 15-16 d.; hinds, 4(1. Frozou mutton: The heavier weights iro in good demand, and are firmer. Canterbury. 45-56 end 66-64. 4)d.; 64-73. 4 l-16d.; best North Island, 56-64, 4>.d.; ordinnrv, 4|d.; ewes, 3 11-16 d.; Australian 30-50. m.-. ewes. 33d.-. South American. 55-72, 3 15-lf-d.; 40-64 , 3jiil. Frozen lamb; The market finished up with a, firmer tome. Given good twle tion wper jufaaj alioujit riso-. OustcarinuTi .28-34, »

M6d • 3M2, 5d.; 42-50, 4Jd.; best Now Zealond,' 28-42, 5 3-16 d.; others, 5Jd. SHEEPSKIN MARKET. Tho Hank of New Zealand lina received tho following cablegram from its London office, datod Scptembor 15:-"Tho market, is strong for all kinds of sheepskins, and prices a-re 5 per cent, to 7J per coat, hi'lier. The market is also strong for short ami shorn sheepskins, for which prices are higher by .7* per cent, to 10 per cent." NEW ZEALAND OILFIELDS, LTD. London, September 15. The "Daily Express" states that certain shareholders of the New Zealand Oilfiolds, Ltd.,' which, was recently ordorod anto liquidation, arc promoting an action against the directors, promoters, and tho vendoTe, with a view to recovering subscriptions. Thoy allege tihat the was «old at an inflated, price; also rant the directors had loaned money. to their Irienda, who lic,d failed to repay it.

/ Buyers. hellers. £ s, d. £ s. d Union Bank — jjj 15 0 N.Z. Lorn and Mercantile 97 0 0 ICO 0 0 Wellington Investment ... — 0 11 9 Polmerston North Goa .... 5 0 0 — Wellington Gas (£10) _ 15 17 6 ( , Standard Insurance / ~ 1 M o Ohfristchurch Meo't' 1§ | 6 Gear Moat (»1) 0 a « \ Wellington Woollen (ord.) - 4 10 Wellicgl-onj "Woofllen (pref.) 219 0. — lYestiport Ooal - J.' J Wostpdrt-Stockton. ■— 0 4 z Taxinsomutu Totlara. ... 2 5 6 — Golden Ba-y 'Cement - 1 0 9 W.F.O.'A. (£5) - 7 2J W.F.O.A. (£1) . - , 1 8 3