COMMERCIAL ITEMS.

Dominion, Volume 7, Issue 1988, 19 February 1914, Page 8

COMMERCIAL ITEMS.

INVESTMENT SHAKES'. The sales of investment shares recorded yesterday were Bank of New Zealand, £12 3s.'; South British Insurance, £4 6s. 6d.; Union Steam, ordinary 245. Hid., preference 20s. 3d.; Mosgiel Woollen, £3 IZ.S-; and Leyla.il d-O'Brien, ZU. 9d. ■ Tho quotai* tions wero as follow;—' Buyers Seller®. . £ a. d. £ s. d. Bank of New Zealand .... —. 12 4 0 Itank N.Z. (rights) '.. —5 3;;6 National Bank -* &.8 0 N.Z. and River Plato 4 16' "Well.- Tru£t. and Loan ~,750. 766 Christehurch Gas' '... 6 13 6 Palmerston N. Gas ! # t — ■Wellington Gas (£10) -- 16 0 0 Well. Gas (pref.) 0 19 6 Union Steam (ord.)' 1 4-6 15 0' Union Steam (pref.) ...... 10 3 *— Mosgiel 'Woollen '' — 3 12 6 Well. Woollen (pref.) ..... - 310 Leyland-O'Brien 13 9 — Tarinsamntu Totara 2 5 0 N.Z. Con. Dental ' — 12 3 Ward and Co. 5 0 0 — W.F.C.A.: (£1) - 16 0 , PALMERSTON NOfiTH GAS CO. The twenty-sscond annual. report of the Palmerston North Gas, Company shows i that it is proposed to 1 resojn'mind payment of a further interim dividend amounting to £1500, to credit XSCOO to- the .reserve fund, and carry forward £379, Messrs. J. H. P. Strang and H. F. Gibbon 1 ; otfet thorn; solves for re-election os directors. The company's reserve fund now: stance at. £30.CC0., . Mauufacturo ■of gas distribution and repairs, etc., amounted to £13,747, find sales to £23,088.' .

Customs duty collected at the port ■ of Wellington, yesterday amouniodto£lßs9 Is.

DUNEDIN . WOOL SALES. "'■' V- A -RECORD PRICK. ' , (Br Telezranh.—Press Association.)

Dunodln. Eebrtiar.yv 1-3.. The third wool sale, consisting principally of wools from tho high country, commenced tlin morning. Competition was keener than last sale, Brodlord competing closely for all eorts. ,Tlie local mills wore i eager for super lots of itierino ami■ halfbreda. Tho total number ol bales offered ; was 14,015,' as. against. 7261 at. the corresponding sale last year. In tlid <firs& two sales it wa<? evident that strong wools were about id. better than lpst sale, ana fine wools about, the fame-. The New Holland Loan and, Mercantile Agency told y> bales of super merino, on behalf «f Kaui Bros. (Beaumont) at 1413.. a. Sew Zealand record for .the season. ' Following aro the pncM realised tp'day compared with those ruling at the January Vale (January prices in pareuthejefi) ; !Halfbred. 6uper, 12Jd;' to 13Sd. (I2d. to 14d.); ; halfbred.medium t<j good. 10Jd. to 12d. (lWd. to lljd.); halfbred, inferior, Sd. 'to lOd. (9d. to-lOd.i; crossbred, super, ltd. to 13d.) (lOid. to 113 d.); eroMbfcd, medium to good, 9jd. to 10id. (9d. to tOd.);' ctbss- • bred, inferior, Bd. to 9d. (7Jd. to BJd.i; merino, super, 12d. to 14id. .(!2d. to 13?d.U merino, medium to- good, l&d. to HSd. <lfd. to' Hid;); merino, inferior. Bd. t»i 9d. (Ed. to 9d.) ; • pieces, - super, 10Jd. to 12* d. (lOd. to lljd.); pieces, medium to good, Sd. to lfM. l7jd. to-9d.); pieces, inferior, s}ti. to 7d, (sd. to 6(d.); locks, 4d. to 63d. (3id, to 6d.),. A featuro of today's wool siK as 'of January's, was the almost frenzied competition: of the Continental buyers,, Tltey completely outbid the. British f>?«tisn.. Another If.atnre was that for higher grade halfbred- and merino wool suitable far milling, comnetition war? .quite as animated. Long after the Coirtinentoi men and tho British trade had finished, the representatives of local woollen' mills came to grips, bidding at prices at least one uenhy in advance. of • London valuefi to-day for tho same grades of wbol.'

' FINANCIAL CABLEGRAM, By Telegraph—Press Association— CanjTtehS Lontloii, February 17: , Yesterday's closing, quotations wero-as follow:— — , Bank o£ Australasia, buyers £120, eelleM ■ Bank of Nerr South. Wales, buycri £39, sellers • £41. Bank of Victoria, buyers £4. sellers £4 10s. TTnioii Bank 'of Australia, buyers £55 10s„ sellers £56 10s. National Bank of Australasia. bnyoM £5 65.. sutlers £5 15s. National Bank of New Zealani burcri £4 log., sellers £5 ss. Bank of New Zealand, buyers £li 5 sellers £12,55. N.Z. Loan ana Mercantile Agency < per cent-: debentures, £92. City of Melbourne. 4 nor cent, debentures. £100. . Melbourne Harbour Trust, 4 flee cent, debentures, £97. Melbourne Tramway Trust, 4} per ccSt. debentures, • £101. < ' Melbourne and Metropolitan Beard o! Works. 4 per cent, debentures.. £93. Australian' Mercantile Debentures.' £92. Tmlsuty- and Co.. 4 per tent, debentures, £92. Dalffety and Co.'s shares, buyers £6 2«. Sd.. sellers £6 12s. 6d. Melbourne lias Cn.'s debentures, £53. City of Sydney, £93. ' • Golrisbrouuh. Mort and Co. s defeatures, Bonk of New Zealand,' 4 per cent, ciiaranteed stock, £100. ■ ■ ■ WHEAT. , CRoc. February 18, 11.-50 p.m.) London, February is. 'l'ho wheat market is firm. Seven thousand tons of South Australia, nand Ytetorian December-January 6hi]>ineut-s have been sold at 355. 9d. a quarter. Broad Street estimates the visible supply of wheat Eac>t of the Hockies at about 117,082,000 bushels. METAL JIAMET3. (Hec. February IS, 11.50 p.m.) London, February 18. Conner.—On spot. £65 2-3. 6d. per ton; three months', £65 lo.s. 9d, Electfo-I.vtie, £67 15s. Tiu-On spot, £181 pcf ton; threemsntte, £182 10s. Leod, £19 7s. 6d. per ton. BAR GOLD. London, February 18. Bar cold is' quoted at. 775. 9 3-Bd, per ounce. CThc Bank of England's' price for bet" cold is 775. 9d.. and the Mint price is 775-. 10Jd., but the latter token about 20 days to pay.l JUTE. i Native fnvit marks. February-March ship, nient, £32 10s. per ton. >' JJon'l got lc-ft behind in (tic nice of pin. Kress—instal "Victor" Vats in (he cheese factory and bring it up tw dale; With latest appliances it is certain rsni-. will produce better cheese, heneo bigger profits; I'he "Victor" 19 the last- word iu Vat: ron. struct-ion. .It : s »lidlv : built of the !inc;t materials, and includes- many sejiti.il to .the production of tihsese cct » Bood profit, A, J, Paitsa, I'lumbsr, Carlartoa,—Adrt(