COMMERCIAL ITEMS.

Dominion, Volume 7, Issue 1983, 13 February 1914, Page 10

COMMERCIAL ITEMS.

■ INVESTMENT SHARES. ■ ' Business done in investment sliare-s yes ; terday consisted , of sales of Keiapoi Woollen (ordinary) £5 55.. and New Zealand Paper Mills at. 17s. 6d. The quotations were as under:— . . - : Buyers Sailers. £ e. d. £ s. d. Bank-Ncw Zealand ■ — . 12 5 0 Bank N.Z. (rightsj — • 5 3 6 National Bank .'. — 5 8 0 Equitable Building 815 0 — Metropolitan Buildin» — 12-7 0 N.Z. and River Plato ... .2 1 0 — , Well. Trust, and Loan ... -7 5 0 7 6 6 Gas 612 6... " — Palmcrston N. (ias 9 5 ,0 — Wellington Gas. (£10) - "' 1615 0 Well. Gas (preference) ... 019 9 — ■ S.B. Insurance ;. 4 2 6 — Meat Export (525. 6d.)' :3' 2 6 - — N.Z. Shipping'(pref.)' 10 7 6 -" Union Steam (ord.) 14 6' 1 5.0 Union Steam (pref.) 10 2 1.0 4 Huddart, Parker (pref.) ... — 119 Kaiapoi Woollen (ord.) ... 5 5 0 .-.--. Mosgiol Woollen. 311 6 ' .3 13 0 Well. Woollen (pref.) 3 0 0 3 2 6 Westport-Btockton " — ,04 0 Leyland-O'Brien 13 9 — Crown- Brewery 114 9 . • — Doriaghy- Rope 15 0. — Manning . and Co 4 16 — ■ N.Z. Con. Dental : - 12 0 Ward and Co 5 0 0 — WJ\O.A. "(£1) ■ - I '(I ■ : . CLYDE SHIPBUILDING. •- Shipbuilding may be said to be-the main, industry, of- Great Britain, and when the shipyards are busy a great number, of subsidiary industries' are maintained in activity. ■ The Clyde-is the centre of shipbuilding, and the returns' from "the Clyde for 1913 show that all previous records were broken. The output spread over 377 vesscla, reached - the enormous total of 767,000 tous, which is 117,000 tons' above tho total of 1912, and nearly double that recorded just three years ago. The feature of the year -has -been the. large output of warships-, and big'liners,'and" this has, kepi the. engine ehops very biiey. ' In the caeo of. ordinary single-screw' steamers, ■ the figures for horse-power and tonnage show no great difference, but with warships especially the horsepower mounts up, and in the race to reach the million level the. engineers have easily beaten the shipbuilders.' The total output' , last year amounted to 1.118.C00 horse-power, exceeding the output of. 1912 by 240.CC0 i.h.p. The new year was begun with a, volume of work considerably below that of-1913 and although the yards will be kept busy for several months to come, it is doubtful if the present' conditions -will extend' beyond the.first half of the year. .' ■ ■ ' AUSTRALIAN MEAT TRADE. . According to a statement of the meat exports for 1913 compiled by Messrs. John Cooke and Co., the Australian frozen meat' trade made considerable nrosrei'e,' and a's compared with the previous year, incre:i«ps of about 70 per cent, in mutte*, nearly 3£ per cent, in lamb, and nearly 48 wr-cent. in beef are shown. The following is ' a,' comparison of tho totals for tho past 'two years:— ■ ■ • . . 1912. 1913. ' Mutton, carcasses 1,3M.9i?. 3,1fi6.01i!>, Do., pieces ....I : ' 38,253 ■ 28.080 Lamb, carcasses .' 1.193.772 1.572 950 Bpof, quarters 1,019:675 1",5M,J8l Do., pieces .' 32.882 41 .CM Veal, carcasses 21.115 23.555 Pork, carcasses. 9,168 2,934 Tho Victorian figures ehow an iucrcaeo of 393,493 carcasses mutton ' and' 209,119' carcasses' lamb.. A comparison of'thy Vipr. torian figures for the 'nasi two years is as' follows:- . ' ' ' 1912. 1913. Mutton, carcasses 572,375 955.868 Do., -pieces ..: 1,368 1,922 Lamb, carcasses ■; 789,696-- 998,815 Beef, quarters 24,143 45,423 Do., pieces 3.510 11.115 Veal, carcasses •.. 3,512. 5,420 Pork, careie'Ecs 2,235 — The New South Walca' figures ehow heavy exports of mutton,, ;aud a considerable increase in lambs, Ul6l shiprne'nfs,"6E mutton as-ainst 1.468.452 carcsases and 36,701 'pieces against 776,438 carcasses and 36,701 carcasses •in 1912, and 1amb5'495.209. against' 238,753; Queensland mutton exports amounted to 673.306 carcases, airainst 439.Cfil carcasse.* for. 1912; and beef,. 1.355,736 quarters and 16.853 pieces, againnt 955,251 quarters a,nd . 21.828 pioces for 1912. . South Australian , exports of lamb have declined from 108,878 in-1912 t0.33,326 in 1913. • The following: is a. summary of the shipments from New South Walas, Queensland, and South Australia during 1913:— N.S.W. Q'ln.id. tralin,. Mutt-in. carcasses... 1,463.452 67-UM 58.455 Do pieces 23.550 2.603, — Lamb, carcasses ... 495,209, mm' ,38.326 Eeof. quarters ..'. 97.016 .1,355.736 10,006 Do. pieces l-W l< s^3 " 13 Veol, carcasses 13 MS, 'S — Pork, carcassca 1.550 ■ !,3c4 -■ Customs duty collected at the port'of Wellington yesterday amounted to £4531 12e. CHEISTCHUROH WOOL SALE 3. (By TelegroTili.-'Prew Associai-pn.) Chrl'stchurch, February 12. The third wool sale Qf this season's scries was held to-day, when there were 16.142 bale;, including a large number from North Canterbury, Bank's Peninsula, and the Chatham Islands. The wool was m remarkably good condition for this late period of-the season,' though some of the. late shorn clips were naturally burry. There was a large attendance of buyers, mid, in view of the rise in prices at the laet Wellington sale, it was expected -that competition would be very keen. This expectation was fully realised, the sale,not only being the briskest of the season, but, the prices being on the highest level. The Bradford buyers had evidently increased their limits, but they were followed up very closely by the Continental buyers, who bidded freely for the stronger wools, such as Bradford buyers were after. Eomo business^was also done on American account. Not only were crossbred woole much firmer, but fine woola also showed a slight advance. " Some of the reserves on the best clips were, however, beyond buyers' limits, and there was more passing of super halfbred wools in somo of the larger clips than in any . other descriptions. The -passings, however, were nnt very large in proportion to the size of the catalogues. Merino wool, of which there was a fairly large quantity, sold well, :»nd was most.lv taken by the Dunedin <pi& Wellington mills. Scouring lots came in for good competition,' and local fclllninOT'o secured a fn.ir share. The follnwins is tho range; of prices. thoFe for the .Tsnuary pale b'einfe given in parentheses:—Super merino. 12d. to 13d. (12d.-tn l?d\); medium and inferior. 8?d. to 1o 11? d. W. to Hid.):'euner halfbred. 17.0\ to 1?H. (IM.'t, Ud.l: medium Imlfhrerl. art. to Hid. riojd. to lißh inferior hnlfbred. ■fl'd. to IOW. (3><i. to lOct-1: iiiper Corriedal". IM. to l??d. H2d. to IM'I.): medium «nd inferior do., 9Sd. to'DJd. (9Jd. to 11M.1: snpf threo-ni'irter-brpd. lid. 1o lUd. (IH. to iy.l: medium threp-nuarter-bred. 9td. to lOJtl: (9d. tn 10;,; l.i: infprio' t-hrec-ouarter-lire,,, V'\. to 9jii. (ffii. to 8-Jd.l: iiipcr cossbri"l. lC"i." to lid. 'lCfl. to lUfl.l: mprii.mi crofebred, 9d. to I'M. ((A. to 9?d.)- inferior cro=sb">d. 7d. to «M. (7Jd. to 7?d.) ; lon?'vool. 9d. to I"H., (f.d. to Ifd.l: Down wool. 9i. to HJd. <e«; to njd.l: lamb' , - wool, mr-fno <ii'-es. 9d. *o lfd. '«'d. to led.); first halfhred rtw. 9d. t.o_H'd. W. to ".d.); •SB-ond halfbred nieces, 6<l. tx) 9irf. (6d. to R'd.V oro-otirfd D'ec<«. Md. to "id. ("ii. W.); '"»'ts and crutchings, <d. to Bid. (4.', d. to 7Jd.). POTATO MARKET. A' ca.blecrnni ffcoived by the Department of Agriculture. Indu?*r'es. nnd Comraerce, toted Bumos Ayres, Fobruary It. 1914, contain" the information t>-at tliere is no mnrket for potatoes from Now Zealand, in tho Argentine. . • ■ LINSEED OIL' AND TURPENTINE.' •.. By Telegraph—Press \ssor.iatidn—CoDyriffht ■/ London, February 11. Linseed oil, £23 17s. Cd'.'per ton, for spot pines. Turpentine, 31s. IOJd. TALLOW SALES., . London, February 1.1. At the t.illow pales 825. casks were pffcrcd and 605 sold. Prices were unchanged. AUSTRALIAN PBODUCE MARKETS (Rec. February 12, 8.55 p.m.) Sydney, February 12. Wheat, 3s. 7d. to 3s. 7i<l. Flour, £8 • 10s. Oats, Algerian feeding, 2s. 2d. to ii. 3d.; milling, 2e. 4d. to 2s. 5(1.; New Zealand 'A Gartons. 3s. 2d. Barley, Cape malting, 2s. 7d. to 2s. - 9d, Maize, 4s. 6d.' to 4s. 7d. Bran. £4 15s. Pollard, £4 15s. Potatoes, Ta«manians, £6 10s. Onions, Victorian, £10. .Butter, selected brands, 1075.; secondary, 104s. Cheese, 6Jd. Bacon, 10d. to IOJd. Adelaide, February 12. Wheat, 3s. 6d. to 3s. 7d. Flour, £7 15s. to £8. Bran and pollard. Hid. MI'LBOURNK niDKS .MARKET. - - (Re-v. Fcbriinfy 12. 8.55 p.m.) Melbourne, February 12. "™k W3,. an average catalogue of hidos, and biddiOß was vorr briik, Pric«« ara firm, ....