COMMERCIAL ITEMS.

Dominion, Volume 6, Issue 1859, 19 September 1913, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHARES. The upward movement in Bank of New Zealand shares was very pronounced yesterday, for gales .ivorc recorded at £10 16s. 6d. and £10 13s. A parcel of Wellington Woollen ordinary shares also changed hands at £4. Tho quotations were as under:— Buyers. Bellern. £ 3. d. £ s.\d. Bank New Zealand \. — 10 19 0 Union Bank ! — 54 0 0 N.Z. Loan, Merc', (pref.) 97 0 0 — Wellington Investment ... — 0 11 9 Wellington Gas (£10) 15 17 6 - N.Z. Insurance 5 5 0 — . Standard Insurance — 1 12 3 Christchuroh Meat 15 8 0 — Gca.r Meat (£ll 3 4 6 — Meat Export (525. 6d.) 3 16 — Union. Steam '..... 2 4 9 2 5 3 Well. Woollen (pref.) 2 19 0 3 1 6 Taunlri Coal 116 — Taringamutu Totara, ... 2 5 6 2 6,6 Golden Bay Cement — 10 0 W.F.O.A. (£5) - 7 2 6 W.F.O.A. (£1) - 18 3 . UNITED STATES WOOL PURCHASES. The quantities of wool bought for tho United States in tho London and Australasian markets for tho past seven years aro shown in tho table appended:— London. AustralasiaBales. Bales. 1906 40,000 136.613 1907 67,000 56,571 1503 49.000 116.662 1509 69,C00 137,491 1910 22,000 44,630 1911 17, CO!) 65.250 1912 42,000 40,929 306,000 593,146 The London fijuiM are for tho roar enA

mg December 31, and the Australasian (iKures to Juno 30 of the following year. It will be seen from the above that America [ii 3 purchased during the past ecveii years 598,146-bales of wool in Australasin, as against 306,000 bales in London; which, clearly Shows that the American manufacturers make Australasian markets the centre of tlio demand, which, after all, as Daljety and 00. state, ie only natural, considering -that over 80 per cent, of the total production of Australia and New Zealand is submitted to auction locally, and- that it is both quicker and cheaper to ship direct from the port nearest to the seat of production to the port nearest the centre of consumption. The enormous possibilities of the United States demand- under a free wool tariff w ! ll be realised when it is stated that there are over Z.OCO.OCO spindles in tho American worsted mills alone, and with these running full time for a, year, the mills would; require tho cciuiraleut of about'l,soo,ooo bales, or over 60 por cent, of the total Australasian production.

THE MOTOR-CAR INDUSTRY. Few people realise the enormous growth of the motor industry. What it means may be judged by the valuo of exports from eislit different automobile manufacturing countries, which aro appended:— 1912. 1911. £ £ Franco 8,479,352 7,030,800 United States ... 6,157,722 4,217,077 Great- Britain ... 3.681.824 3,185,717 ' Germany 3,638,950 2,327,500 Italy • 1,548,629 1,254,557 Belgium 1,269,900 1,082,531 Switzerland ... 541,884 424,348 . Austria 242,311 . 201,167 25,560,572 19,723,697 While this cnormona trade is in itself startling, we have yet to consider the business done in trades allied to tho automobile industry. Take the oil industry. England oJonc imported during the first half of 1912 200,000,000 gallons of petroleum products. America supplying considerably over, half. Great Britain, imports motor spirit at an average of almost 2,000,000 gallons per week. COMPANIES KEGISTEHED. ' In the list of companies registered, published an this week's "Mercantile Gazette," the following are noted:— Hanson-and Born-, .Ltd., registered na a private company September 11. Office— Itangit-ikci Street, Palmcrston North. Capital— £30,000, into 3000 shares of £10 each. Subscribers—Palmtrston North: T. Hanson, cOO and 600 f.p.u.; J.' A. Manson, 600 f.p.u.; J. M. Barr, 6CO f.p.u.; A. Ilanny, £00; H. Akere, SOO. Objects—To oarry on the biasiiugs of wholesale and retail ironmo-iiEcrs. traders, general merchants, ctc. Potikirua Land 00., Ltd., registered as a private company" September ff., OfnceI—-1 —- Emerson. Street, Napier. Capital—£loXoo, into 10,000 shares of £1 each.' Subscribers —J. I. C&t-o. 2551; T. P. B. Ching, SCO: J. Snodgrass, 334; W. E. E. Chapman. 1CC0; Paul Hunter, 500; E. 11. Williams. 1666; E. Hunter. SCO; V. 0. Sherratt, 167; A. G. Shorratt, 167; C. H. Oato, 167; W. Cato, 167; A. S. Mitchell. 332; F. J. Dickin, 250; H. F. llea-ld, 167; N. Galbraith. ■ 166; \V. .Wall, 167; A. F. M'Nab. 167; C. I. Brewster,'looo; G. M'G-regor, 16; M. E. C'ato, 16. Objects—To - acquire, take over, work, and develop any lands, estate and properties, and 'in particular a leasehold held by John .Dickin, ill lands situate in New Zealand known as the "Whangaparaoa 2 1) Block," and certain leaEcbolds held by George M'Gregor' and Thomaa Porcy Bayntun Ching respectively in lands situate in New Zealand, and known the "Whanscparaoa- 3 B Block," ctc. (same as No. 9 Co.—AVhangaparaoa. Land Co., Ltd.).

Whaucaparaoa, Land Co.. Ltd.. registered as a, private company September 8. Office—Emerson- Street. Napier. C&pitAl— £10,000, into 10,000 shares of ±1 each. Bwificribers —J. I. Cato. 2560; J. P.. B. Chins, 500: J. Snodgrass, 334; T\ r . E. Chapman, JLCOO; Paul Hunt-sr, '600; K. 11. Williams, 1666; E. Hunter.' 500; W. (i. Sherratt, 167; A. G. Sherratt, 167; 0. H. Cato, 166; Vf. Cato. 166; A. S. Mitdiell. 334; E. J. Dickin, 250; 11. F. Heald, 167: N. Oalbraith, 167; W. M'Xa.b. 167; A. F. ilVab. 166; C. I. Brewster, 10C0: G. M'Gresor. 17; H. 33. Ccte. 10. Objccts—To acauiTc. take over, work and dovelop any lands, estates, and properties, and in particular ccrtain leaseholds held by tf*il Galbraith and Charles Murray Turrell respectively, •in lands situated m New inland known as tho whanc&paraoa 3 L. Block," to purchase, lease, or otherwise * acQuirc. hold, ecu, develop, manage, work, exchange, turn to account, dispose of, and deal in- frcshold lands, leasehold concessions, ostites, plantations, forests and trading rights.

Matenprarcka Land Co.. Ltd., registered (15 a private company September B. Oiflco—Emerson Strcst,. Napier. Capital--£10,000, into 10,KO shore sof £1 each, fiiibecTiberc—J. I. Cato, 2549; T. P. 13. Ch'.ns, 500; J. Snodsrrass,,332; W. L. E.. Cllftpmnn, 10C0: P. Hunter; 500: E. 11. V illmras. 1668: E Hunter, 500;'W..G. Sherratt, j165; A. G. Sherratt. 166: C. H. Cato, 167: W. Cato, 167; AS- Mitchell, J34; V. .J. DlcWn. 250: H F. Heald. 166; is. Galbrait.h,. 16c W. Jt'Nab. 167: A. F.' M'Nab, 166; 0. I. BrewFter. lOCO; G. M'Gresov. li; E. Peacock, 18. Objects—To acquire, take over, work mid dovelop any lands,- ef>tfl4es and properties, and in particular certain leasehold estates in lands situate in Now Zealand known ns the "Matenprareka. Block B, etc.. samo as No. 9 Co.—'Wlianccparaoa Land Co. Customs duties collected at the Port of Wellington yesterday amounted to £6441 14s. 3d. . THE' WHEAT MARKET. The Now Zealand Loan and Mercantile Agency Co., Ltd., lia.vo received tho following cablegram Jrom their London house under date September 17 :-Wheo.t: Wehovo sold ft-n- Australian cargo at £1 170. c.iX The market is nnitt, but steady, and tho outlook is uncertain. By Telegraph—Press Association—Copyrieht (Bee. September 18. 10.20 p.m.) London, September 18. The wheat market is dull. An Australian cargo was sold for 365. 6d. TALLOW SALES. London, September' 17. At tho tallowfiata 2601 casks wero offered 1 , and 1370 fold, mostlv at a threepence decline. Mutton, fine 385., raodium 355.; beef, ftne 375„ medium 345. 6d. SILVER. Bar silver.ls auotod at 27 15-16(1.' per ounce standard. -. .

LINSEED OIL AND TURPENTINE. Raw linseed oil, enot pipes, £23 ss. per ton. . 1 -i Turpentino is quoted at 31s. ARGENTINE BEEF. The price of Argentine chilled beef has advanced a liaHjvarcy r.t Yvct' Smithfield, owing to short supplies coneeciuont on the Liverpool strike. AUSTRALIAN PRODUCE MARKETS. By Telegraph—Press Association—Copyright (Rcc. September 18, 9.5 p.m.) Sydney, September 18. Wheat, 3s. 7Sd„ 3s. Bd. Flour, £8 15s. Oats, Algerian feeding, 2s. 6d.; milling, 2=. 10d.; Sparrowbills, 3s. 2d., 3s. 3d.; Giants, 3s. 3d. Maize, 4s. 4d.. 4s. 6d. Harley, Cape malting, 3s. 3d., 3s. Ed. Bran and pollard, £4 10s. Potatoes (Tasmanians), £7 £7 103.; New Zealand, £4 10s. Onions, £8 10s„ £9. Butter, selected, 107s. (a drop of 55.); secondary, 100s., 105s. Cheese, 7d. Bacon, 913. Adelaide, September 18. Wheat. 3s. 8d„ 3s. B>d. Flour, £3, £8 &s. 6d. Bran and pollard, Is. 0-id. HIDES. , (Rcc. September 18. 9.5 p.m.) Holbourne. September 18. flood supplies, and active demand; prices Arm. _)