COMMERCIAL ITEMS.

Dominion, Volume 7, Issue 1961, 19 January 1914, Page 8

COMMERCIAL ITEMS.

IXVESTJIEXT SHARES."-.

The business done in investment shares on Saturday comprised sales oj Bank.of Acvr <s<xiland rijhts at .-55 2s. fd.' and union Steam preference nt 19s. lod. The Quotations were as under:— '■":'■ ■■■■'' Buyers £ s. d. . v •■' £ s. (1 Dank of New Zealand ...', 11 10 o-"' : -'.rHank N.Z. (rights) -■. '■ ■.:■ 5" svo5 v 0 National Bonk —■• ::,; :- : 5-7'6 K.Z. and River Plats 2 0 o" ■«'■ 2 cU Glmstchuroh G?.s 6 18 3 ■T."619'0 Palmcreton North Oa3 ... 9 0 0' 'v;./ '„;.!.■ Christehurcli Moat 15 16 6 ,' : —''■■* Union Stcem (prel.) 0 19 9'.'■'ft'l' O'-'o 0. At. Banks. Ltd 11 3". :'< >-,:>> fIT.F.C.A..(£I) - ,;?■.; l ; 6;0 LONDON MONEY MARKETS. i" : X Jo'lKins by the Bank of England fi-zu'res' published on Saturday, the London money market is tending towards fa.sin<ws The metal reserve hoc increased during' t&e week by £2,830, CM, nnd the total of £38 849,CCO is £4,587,000 more than tiro total of last year. The "other .deposits" era £4.£80.C00 inoro than a year aco. The reserve of notes and roin stands at £28,<i70S'fl ae coinpa-red with £25.645,CC9 twelve months osco. while the proportion of roervo is 55.58 per cent., against 49.10 per cent. These ftauree indicate, thot tho foreign exchanges arc operating in favour of London, and credit ic accumulatimr. Tho rotes for short loans and three months' bills are lower than they have been. If these conditions continue, we may look for an cfiriy reduction of tho • bank rate, which now stands at 4J per cent. '~,... .: CUSTOMS. "- Customs duties collected at Too port ■>! Wellinston. on Saturday totalled £1297 2s 6d., the-amount for tho week beinE £18 427 Is. 9d. The returns for each of lh« jjoeV oixht weeks, compared with the figures for the corresponding period of tho previous year, show as under:— 1913-14. 1912-n. Ji ■ *■* November 29 16,315 . .. December 6 IGC3O 2J217 December 13 21,669 12,821 ■ ,:.-..-Docomben.2o ....-;. 15,516 26.501 December-27- ~.. 12,006 ' 5969 ,; January 3 12,649 IS.CSI ■- ■ - January 10 sr 31.388 ' 20.Q5T ■' January 1? 18,427- 21,491 '"■' „. , , £144,M6 £136,115 i' ■ Tho beer duty collected lain week amounted to £218 10;., as against £265 10s. 6:1 for the corresponding week of last year.' ■■■■{>. HIDE AXp SKIN REPORT. ■' : ' : Jtessrs. Di'.gety and Gompany. Lid. - e ; nort:—At our monthly sa!o r.t Vajmorston last week wo offered a cood catalogue of nil classes. Competition, was keen, end pricca realised wore on a par with last fale rates. Wool: Crossbred, medium to coarse. Bid. to 83d.: fine crossbred and Kouthdown, 9Jd. to IOd.: inferior and 10-eed Gtamocl. 7Jd. to 73d.; lambs, beat, briuiit. 'clean lines, 95d. and led.; modium to inferior, 7{d. to Bid.; dead woo!. i\i. to B}d.crutchinss, sd. to 6d.: pieces and bcllieei. 6d..t0 61d.; locks and pieces, 4Jd. to AU-; locks, 4d.; black wool, 6id. to 6Jd,S3iceDskius: Crojabred. fine. Bd.; medivim to coarse. 7id. to 73d.; coarse and roush, (,W. to 7d.: damaged and inferior, 4«d. to 6(1.: half-wool, 7d.; quarter-wool, sd". to Sji.; pelts, 6d. to 6id.; dead. 6d.; inferior and damaged dead, M. to Sid. Batchers' eaited pelts and lamb skins, at each: Pelts 2~ 2s. 4d., 2s. 6d.. 2s. Bd.. 2s. lCd., to 35.; inferior and damaged, fd. to Is. 3d,; lambs Iβ. 7d. to 2s. 5d.;. woolly crossbred, 6s. to Bs. 2d. Hides: Or, medium and heavy, BJd. to BJd.; liuht. Bid.: cow hides, best lines, 85d.; medium to inferior, 7d. to 116 ■ cut. and slippy. 63d. to 7rt.; yearlinss, 7k!., 7Jd., to 9Sd.; cut and slippy, sid. to 63d.: horse, hides, cut and danuigtd, 4s 9d,sound, 5.;. to 7s. 6d. Calfskins:' Sound lin*s, from lUd. to 12Sd.; inferior. 9d. to 9k!.; cut and slippy, 4Jd to 7id. Sundries: Tel low, in tins, 23a. 6d.; rouch fat, lfe.; tallow, in caske, 255. to 265. 6d. IMPEKIAIi ■ CONSOLS. By Telegraph—Press Association-Copyright (Itec. January 18, 5.5 p.m.) London, January , 17. Imperial Console arc Quoted at £72 7s. 5iS. VICTORIAN. LOAN! . (Kec. January 18. 5.5 p.m.).' . ■ London, January 17. Underwriting arrangements-are now ih Droeress in connection with the Victorian 4 per cent, million loan. 1940-1960, at £97, The ouartcTly interest, is 10-yablo on th« first, day o£ April, June, January, and February. BIG PRUSSIAN LOAX. ■ .'.." (Kec. January 18, 5.5 p.m.) Berlin. January 17. Tho PruMinn Treasury has issued c twenty million. stcrlinK four per cent, loan of which seventeen millions and n. hall will be offered to the public nest ■ March at £97. FROZEN MEAT. .. ■ . '\ (Dec. January 18, 5.5 p.m.! - ,; '' London, January )?. The Incorporated Society of Heat Importers' Smithlield market ouototions for the undermentioned classes of frozen me&t axk based on actual saira of not less ttan one liundrcd cojcaescs of mutton or lamb, ot twenty-fivo auartere of beef of fair averoeo. Quality. The auotaiions. are not £01 selected lilies, but for parcels fairly representative of,the bulk of the skiDmcntE now on the market. The prices whicil follow aro on tho averace a forthins oet lb. more than the values ei siiip, this difference representing tho everage coat in expense, handling, conveyance, and selling the mcat:Jan. IQ. Jan. 1' Hutton- d. ■ d.' Canterbury, lisht * ,* ~ Oanterbury. medium " , ■■" . Canterbury, heavy • '.■'*'■.■ Southland 5 * .■ North I6lan,d. best 5 ■■ * .;.. North Island, ordinary 45 "' 4j ■:'■ Australian, light..' 45-16 '45-16 Australian, heavy 4 5-16 4 5-15 It.ivcr Plftte. light 41 44 . River Plate, heavy 43 -43..: New Zealand ewes 4} .*. ..'■ Australian owes 4 ■■, "4-"V; River Plato ewes • •.■«-■•■, Lamb-- ■■...-....? Canterbury, lisht ♦ ■• * . ',., . Canterbury, medium * .... . *V';".; Canterbury, heavy • ■ • ;.■■;; Southland- « '■:'.*.■ ;: ': North I6l«nd, best • ' " '* North Island, ordinary .. * '■'•;■ * ■ Australian, best 55 ■■ SIMi Australian, fair 53 ' 511-11 Australian, interior 53 ■•■ ;.U-li Kivcr I'lale. llrst SJ ■ hi River Plate, second 51 'si ;, Beet- ■"■■■..■'.■■;;'■ : New Zealand, ox fares ... 37, ■ ''-:<■• Nciv Zealand, 05 hinds .. 4 3-8 ■■ ?fri : i Australian, ox fores 3ii ''-''K&■: Australiaii. ox 53-16 ■. .4 s':'!6 Itivcr Plate, 01 foi'o3 53 ?'■; 4'"<s Hivcr l'latc, ox hinds .... 4 1 , i\4J ■.:■" TiiviT V\a<«, chilled tores <l ■•'-' 41-16 . Rircr Plate. cliiUcd hiitde "US-l *Xone offerinc. ',>, ' ■-• RARniTfi. ; '$% 'Die market 15 steady, aii-d price; are up 1 chonsed. ■ ■■" , '.. : % i . ■ EABBIT SKINS . 1 London, Jn.n'ia.iT n , ! At the Kiiks, MS} wete offorert kii ztt , Tvaio told 3X on ivaroie decline ci iii

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