COMMERCIAL ITEMS.

Dominion, Volume 7, Issue 1886, 22 October 1913, Page 10

COMMERCIAL ITEMS.

INVESTMENT SHAKES. A snlo of Leyland-CBricn, shares at 245. was the only. transaction in investment shares recorded yesterday. Tho ouotations were os under:— Buyers. Seller.*. .0 p. d. £ F. d Xatioiiol "Rank 5 7 6 S 8 6 Tin ion Hank 54 10 0 55 10 0 Kqnitablc Building 8 15 0 — Well. Investment — 012 0 Christelmreh O-ri* — 7 0 0 Standard Insurance 1 12 0 1 12 6 TTnion Sfoam (prof.) 0 15 6 10 0 Mosjriel Woollen 312 6 ~ Coal 1;10 6 — Leylatid-O'Brien' — 14 3 Golden Bay Cement -- 0 19 6 N.Z. Con. Dent/il ....i 110 — Sharland's prefercnec ... 1 1 3 — COMMONWEALTH BKBT. Tho following in au official statement made by tho Federal Treasurer as to tho position of the debt of the Commonwealth as on June 30 lasts— Commonwealth Government Inscribed stock purchased by tho Treasurer out of trust funds. Interest at per cent, per aunum. Kedeemablo at par at any timo between April 1. 1912. and April 1, 1972, at option of the Treasurer £2,000,00) In addition, the Commonwealth has assumed the responsibility in respect of Northern Territory Loans as follow:— Balance of Northern Territory loans, taken over from tho State of South Australia under Act No. 20 of 1910 3.359,890 Balance of Port railway loans, taken over from the State of South Australia under Act No. 20 of 1910 2.071,057 Total £7,430,948 Tho above statement does not. however, contain any reference to the debt incurred through the taking over of the transferred properties for which tho Commonwealth Government is indirectly responsible. It has the asset?, and it has contracted to pay the interest charge. TRADE IN ALLEN STJtEET. Potatoes.—Tlie market is well supplied with new potatoes, aud prices fluctuate according to tho (iuantity available- each day. The bulk of the supplier are fryrn tlie Auckland district. Uid potatoes aro in Heavy supply, and the quotations range from 70s. to Bts., •apebrding to duality. Onions.—Fresh supplies of Japanese aro duo in the course of a few days. In the meantime California!! are available, and are selling at £11 to £11 lGis. for sound- ; condition onions. Flour continues at £9 per ton. f.o.b. south 1 less tho usual discount. Fowls' wheat is ill good demand, and is 1 ruling at 4s. to 4s. 6»J. per bushel. Maize is selling at 4s. 3d. to 4s. 6d j Bran.—Heavy stocks are available, and ! the Wellington prices are £4 lCs. to £4 15a I Pollard is in good demand at £6 to £6 i ss. per ton. . Oatmeal is slow of sale at £13 per ton, ox store, Wellington. Boiled Oats.—Thistle brand. 411b. bags, selling at 10s. per dozen, aud "Creamo,ata," at 9s. 6d. 1 Oats.—A fair busino?i3 is parsing. Shortfeed, 2s. 9d. to 35.; feod Algerian, 2s. 7d. to 2s. iCd.; seed Algerian". 3s. to 3s. . 2d.; .heavy Duu oats, 3s. . Chaff.—The market has a tendency to firm, tho present .qhotation being £5 ss. to £5 lCs. per ton, sacks in. Eggs.—Frcoh eggs meet with good demand at Is. Id. per dozen. Butter.—Primo milled, in bulk, is in demand at lid. per lb. Prussian Blue peas aro rather Blow of salo at ss. 3d. to ss. -6d. per bushel. Partridge J'cas.— Very few nre offering; prime yamples are worth 4s. 6d. a bushel; .inferior, 3s, to 3u..6d. Poultry.—lltiu, li. 6d. to 4s. 6d. a pair; heavy table birds, up'to 65.; cockerels, 4s. 6d. to ss. 6d.; Indian Runner ducke. ss. to ss. 6d.; Pekin and Aylesbury, 6s. to Vs.; turkey gobblers, Is. per lb., live weight; lien 3, 9d. to ICd. Vegetables.—Cauliflowers are in strong demand; carrots aro realising extremo rates. • Cabbages are in plentiful supplj- 1 , and low prices rule. Iliitt-grown rhubarb is coming forward in much smaller Quantity, and the Quality is only medium. Some very fine eainples, however, are coming from Canterbury, and realise satisfactory prices. Supplier of lettuce are m excess of requirements; some very line camples of asparagus arc coming on tho morkct, and fair prices are being realised. Fruit—The Wostralia, with transhipments ex Talune, from the Cook Island.?, reached port yesterday. The pineapples wero condemned for fumigation because of being infected with the mealy bug. Tho sound oranges and bananas realised very high rates. The pineapples will be on offer to-day. The Sydney steamer, due today is bringing only a light shipment of pineapples* sweet oranges, passion fruit, Seville oranges, lemons and ioquats. Tho Navua is due from Fiji to-morrow, and is bringing a moderate consignment of bananas in bunches and casca Regular weekly shipments of Tasmanian apples and Milduro, lemons arrive every Friday. WAIIiAIIAPA BRICIv & TILE CO. ' t ANNUAL MEETING. The annual meeting of the Wairarapa Brick, Tile, and Drain ' 3'ipo Company, Ltd., wa-s held yost-erday morning at Carterton. Tho chairman of directors (Mr. J. A. Dudson) presided. The fourteenth annual report and bal-ance-sheet contained the following:—"The year's working shows a. profit of £912 175., and after writing off £108 17s. Id. last years loss, and £198 15s. 6d. for depreciation of plant and buildings, wo recommend paying a dividend of 6 per cent., amounting to £190 <0. on paid-up capital, and to carry the balance, £415 Is. 5d.. to reserve account. Wo propose building a new kiln and drying shed to enable us to keep pace with the increased demand for our goods, ilr. W. Downard, r. director, resigned his position during the year, and Mr. W. Howard Booth has been elected to the vacancy. Two directors, Messrs. A. If. Kraghan.and T. G. Underbill, retiro by rotation, but, being eligible, offer themselves for re-election." In moving its adoption, the chairman congratulated tho shareholders upon the result of tho year's operations, which was largely duo to the increased demand, for the company's goods and tho better prices ruling. An increase in trade was represented by £758, and tho prospects for the coming year were bright. To enable the company to eope with tho increased trade it was proposed to erect a new pipe kiln at a oo*t of £450, using up one of the old brick kilns in-" its construction. It was also proposed to erect a drying shed, and the new additions would give the company power to handle £1000, «*orth more goods. , Additional time-saving machinery li-nd aWo been installed. Mr. F. Feist seconded the motion. Messrs. A. H. Krahagen and T. G. Underbill wero re-elected director.?, and Mr. L. H. Smart, auditor. Totes of thanks were accorded tho.diCANTKIt BUJtY Git AIN MABKKTV (By Telegraph. Association.) Christchurch, October 21. Thb local grain market remains iu a- dull state. Beyond an occasional odd lot-there is 110 wheat, or «.ats offering, and practically no inquiry. With the exception of a largo line of cats {here is no quantity of grain stored in the wool i.'torca. This'in usual at this time of t.ho year, and thero will therefore be no forced xik.s of grain to make room for the coming wool clipThere has been a- demand for chaff in tho ! Ashburton district for railing south, and 1 65<i. has been paid there at country eta- , tions. This price is being asked further north, but is beyond what merchants can give -for shipment, 6Cte. being the limit. The potato market has collapsed again, jNo fresh business is coming from tho North Inland, and the Auckland market having lately been well supplied from tho south. The price is ?iow nominally 255. to 30s. at country stations, but thero are no buyers oxcent those who have actual orders in hand. RTLVEIt. By Telegraph—Press Association-Copyright s London, October 20. Bar silver is Quoted at 28 W6d. perounco standard. . . SUGAIt. London, October 20. ITcrr F. O. Lieh, of Madgeburr. in his monthly circular states that the product tion of beet >ugor in Europe .shows a, decrease of 19.0C0 tons. Mo fM.imatt's that, for the rarpraitfQ there will be a total euf DIUA ■<>£ 95j0001 . . , ,