COMMERCIAL ITEMS.

Dominion, Volume 7, Issue 1993, 26 February 1914, Page 8

COMMERCIAL ITEMS.

', IN VESTMENT SHAKES. There were no transactions in investment snai'M yesterday. The Quotations wero as follow :— Buyers. Sellers. Jt o. d. £ s d Bank of New Zealand ..: —' 12 3 0 Bank N.Z. (rights)- •— 5 3 0 National Bank .: — 5 8 0 Union.'Bank 56 0 0 57 15 0 Equitable Building 815 0 — ■ Metropolitan Building ... — 12 6 0 N.'/.. und Uiver Plate ... 2 2 0 — •Well. Trust and Loan ... 7 5 0 — Well. Gas (preference) ... 0 19 9 iUnion Steam, (pref.) 10 2 uMosgiel Woollen — 3 12 6 Well. Woollen (ord.) 4 0 0 - Wtistport-Stockton — > o 4 0 Manning and Co 4 0 0 — N.Z. Con. Dental _ i 2 3 ' Ward and Co. .! 5 0 0 5 2 6 W.F.C.A. (£1) ;. - 100, LONDON WOOL SALES.' ; The second; or-March'series of London T 1 h l e \ <V n » b fs ln "u Tuesday next, when about,l4l,ooo bales will-be catalogued. The statistical position compared with the corresponding sale ot last year ehow as unacr:— . - Mar., 1913. 31ar.,19R ~ . ' Bales. Bala-. Ivew arrivals 420.CC0 3SO,CCO Forwarded direct... 270,GC0 216.M0 „ ■-. 150,000- 134.CC0 Brought forward 5,000 7,000 Total catalogued 155.CC0 141.0C0 A very large prop.ottion of the wool to be catalogued at thie sale should be of New Zealand origin, because owing to the strike of waterside workers and the disorganisation of shipping, very little wool from tho Dominion figured in 'the January sales. Tho actual Quantity' submitted at tho flret sa.lo of the year was 11.800 bales, while for the January enle of 1913 New Zealand had 36,591 bales. We may cxnect to sec fully W,OM bales catalogued next week, consequently the market will bo tested as to its capacity for absorbing .crossbred' wool. According to the circular of Messrs. Jacomb; Son 1 and Co., woolbrokers, Lon-don.-the imports of colonial wool into the United Kingdom during the past three years were as under:— 1913. 1912. ■ 1911. Bates. Bales. Bales. Xcw. South Walco 224.018 221,285 . 276,691 QucDUshind 139,938 11M03 156,070 Victorian ~. 31C',332 307,508 Tasmania!) 20,414 20.950 20,557 S. Australian ' 65,799 97.226 113,399 W. Australian ...... 71.404 77,831 77,686 New 514,674 527,771 501,159 Cape and Nalal... 394,015 349,110 .297,873 1,679,728 1,724,454 1,750,943 The Xctc Zealand Loan <ind Mercantile Agency Company, Ltd., have received the following cablegram irom their London house, under dato February 24:-For the third series of wool sales fixed for March 3, the limit will be 175.CC0 balco, and ■ tho list will bo closed eight clear days prior to that date.". .Messrs'. Murray, Itoberts and Co., Ltd., have received the following cablegram, dated February 24, from their London frionds, Messrs. Sanderson, Murray . and Co., with reference to the third serieu of wilos:—"The third series of sales will bo limited to 175.CQ bales of now arrivals." ; ROBERT CAMPBELL AND SONS. Tho report of Robert Campbell, and Sons, Ltd., showing the working of the business in Now Zealand for tho year ended June 30, 19131 and the position of the company in Loudou on December 31 last, states that owing to the inclement weathe rwhicli prevailed in New Zealand.during the winter and spring, .tho lambing and tho clip of wool at both stations wero less than in. the previous year. Against Lhie. however, higher prices were obtained for tho woolsola in London, and the total 'amount realised was about the same as in 1912. The amount of ■ £60,00.0 which stood at the. credit of reserve' oocouiit ha,i been written off by itfl distribution, to tho shareholderson April 6 last, at tho rate of £1 oer shiLi-e. in accordance with a resolution passed at. the last, general meeting. The balance of the proflt and law account brought forward from last ycir amounted to £31,757. to which is', added thn profit fur "":.vr.T,r, £13.855, makinsr a total credit ot £45,592. An interim dividend of 5 per rent.., amotiiiling to £3000, wae paid in July last, leaving a balance of £42,592, out (if which the directors recommend tbnt a final dividend of 5 per ceutl (mnklng 10 per cent, for the year) and o. bonus of "s. per share 1)0 iiow nuid,'free of la,x, and the balance of £33,592 be carried forward. The manager reports that the winter hart been sood nt. Bcnraorc, followed by a. fine spring. The number of lambs, at both slationr. has increased. and a Jargcr clip of wool is .expected , this Ecason. CuHoms duty collected ,i! the port of VToUinslon ycjtcrday amounted to 6?.-9d. ... .' - - ;

SOCTBEUX WOOL RAM'S. ' . ":.■■ (Ry Tclcsraph.—l'roiß Association.) Tlmaru, February 25. At Mie third wool sale 10-ilay 3586 Unlcs were offerer!, owl 2735 wore sold. The olTcriiißs were chiollr buck cotinliy mnrinn and li.-iUbrcdn. The wool wuf rather heavier, ami .">• tcoorl 'lea! of It n ; shabby. Bradford buyers bid keenly for ci'oj'b.

brerte. also for dinft.v thrcvMjnar'cr s . n! j hnltbrcds. Cnmnarcd sLiV the January soles, -. Rood-caiiditioitcll ef.trtp Mel Uifccrinartcrhretl showed na advance iii pri,«halfUrods.■medium quality, at about Jauu. ary rates. . . FIXAJVCIAL OABLEGKAHB. By Telegraph—Prcs3 Ass.oc.ifl.tion—CoDyr.isnf Ldndxin, 2s. Ycslorda-y's closioi; ijiiucaUEfE-3 were as Bank of Australasia, buyers £120, fccHer-3 £122. Bank of Kevr South Wales, hu'-ers £39, Bcllrrs £41. ■ . -.. Bank of Victoria.' buyers £A, sellers £< IC«. Union Bank of Australia*, buvcre £'55 10s., sellers £56 lOiNational Bank of Au-strllasia, buyer* £5 65.. sullpr3 -£5 15s. - . ... National Baiik oli. New Zcnlani brjv'cra £4 155., sellers- £5 ; ss. ■ • • ■ Dank, of New Zoaloßd, btiycre £11 55., sellers £12 ss.- .- J\\Z. Loan and Mercrant.iife. A;scacy 4 tier cent, debenture!?, £92. Uity of Melbourne, 4 Ecr cent, debentures, £100. ■••■■• Melbourne Harbouir'Tt'ust. 4 per sent, debentures. £97.' ■ ■ ■■.'■■ Melbourne Tramrray Trust, 4-5 per Cefit. debentures, £101. ■ ; Melbourne and He-lrojMlitatt Board, of Works. 4 per cent, debentures, £95, Australian iforcantQe Debenture?, £?5 10s. DalEcty and Co., 4 tier ccet debentures, £92. ' ■ Dalcety and Co.'s shwroj, buyers M 2s. Jd., oellcrs £6 12s. 6d. Melbourne Gas Co.'s debenture;, £9?. City of Sydney, £98. Goldsbroush, Mort and Co.'s dtcientutfi £95 106. Bank of New Zealand. ( per cent, guaranteed stock, £100. COLONIAL STOCKS. Londsn-, Fsbruiiry U. The. "Baily Mail" isaya that tlio-ngh tlleso has -been a substaniiat EethMk in resard to Eomc Government jccuriltes, the fclapse in colonial slocks lia.s beeß comparatively small, and some remain in t.lss top places. This ir, net ssnly ft trlbut* to tho steadines of the colonial market, but an indication thdsl however tfnich Bpeculelioft ngured in tho cheap inpn«y boom, there was a. Bood deal of solid-in* vestment. NEW ZEALAND SBIPWKC. COMFAKV. Lenil.on, Febrijair 24. The Britfeh Empire Swam 3fa.ri'gatSon Company, an offshoot of the Empire- Transport Company, lias bseji fefmvd. It has acnuircd ten-steamers, which are Heine huilt at Irvine's yards, Saftle.pool. I'he share capital ia £25(UHitt (SJihScnb«4). The company is offering 250,000 5j per mart, debenturss at 97. ■ ; WHEAT. (Eoc. Fobrnary 85, 10.20 p.m) . ■ Londijn, February 25. Wheat is firm, with fair ijiciuity, and full'pricos. rive Austrailan cargoes sola at sfe. 3d. and 365. 64. - SltiVliK. London, February 24, Bar eilver is quoted at S6eU. )jer cimw Gtaiidard, . . GOLD..: Bar sold ie at 775; JjtL nor suncs-- ' . - JTJTB. : ■ Native first marlra, IV.bnrary-JlftrcJi thijv ment, aro quoted at £J5 per ten.