COMMERCIAL ITEMS.

Dominion, Volume 7, Issue 2000, 6 March 1914, Page 10

COMMERCIAL ITEMS.

. ' INraSTJIBXT SHAJUSS, . Tiiere wore nb' trariija.cUoiis in ihvii.iin.cnt shams yasWrday. M'ne. uuototibbs were ds follow:— "•-..■■ - .. . . . Bityore. Sellers. ■ -. £ e. d, £s! A Bonk Xew Zealand (rights) — . 5 0 d iNationnl ■ lianlv .• — .. •b.B 0 Wellington luvcstment ... — 0 11 3 Well, Trust and.Loan.'. 7. 5 6 ... Christchurch Gaa .; i6.JJ(i ' ■ — ' Unlbu Steam (pref.i .'. I'B D — .. Kaiapoii Woollen Cord.) ~.5 3 6 '' — Ward.-.and f'o.. Ltd 5 0 0 /Si ( W.F.C.A. . (.C5) ,". - (If!) W.r'.U.A.'.• iJtlj .;.:... .' — ■'■'.. l t>o TWISE. .About four.yea-fa ,ai*o successful results wcrb reported .to hivs.-'Atunitea cfrorts which) lia'd been iftadc ts. YiMiiace a, new kind of binder twine from etallts of "'Canadian .flsii plants, I'ritfr totn&t time ntonv tuousands'of tons t>l these slaitis—tlte flsi being','grown toicly. for tho '-■ eoea-'weic burnt; or otherwise converted into manure, and-rath the idea; of orevcntinjr IhiStt'sst* age, Jlh G. Pearson, a nttfjncr in: a Nottingham' bleachiiiß'-firm, .-coMlroted in England experiments/ -as ■ an- outcome. pf which ho succeeded' in' fir-iMhictag a. TGujrfr yarn; capable of: ftsi, ol bsi'iits made into binder . trcine» , and fb.r -tha* purpose two mills were erected in Canada. Since then Mr. PeaTeoji hftd roedo further tests, and has lately. obi-aiiied a fine saw, which, it jg amnnted'. is cnvi-neatly suitaMe for many textile industries. The flax grown in "United States soil was foand to give tho beat rcsijlts; and it was decided to erect a plant for the treatiiiCT'tt of the stalks in Montana:. -8. largfl flas-srosvins? district. The .ouSjmt .«■{ thb establishment was highly approved., tho fibre- being? readily spun, into yarns of various grades: Other mills were giibscfluently set °-in< and one is now working, at Great I'slla. ■ _A company has been formed' to ttbrk fhiv invention, and'it ia etpectefl that .ten .wills will be in operation shortly, -each capable of dealing with the. product of "MG .acf.es of flax rctalks, whilst it 'is confidents stated that'there is. a market' in Great Britain alone for th.e combined ' output of all the milM. Mr. PeaJfsbii has expressed the conviction' that there- <me in Canada.' the United States. Argentina. Australia, and other" countries, many thou* sands of acres of land, -now unproductive, which'could be njatfe to "Yield heavy crops of thifl flax. Farmers, i» the States who formerly grew flax solely- for feed -are said to have more than trebled their returns in cash per aero.

SHEET JEM TftAD|.".. 'Speaking at a tfetent meoiing '• to tho men employed by-his iufni, in the sheet iron trade, Mr.. V. B. JJ?, 2ttid they had a good deal ei' competition from America' and .Germany,"-and" ii»»v (.hey had Japan making her owh :>gjilvanjsed: iron and Jaying down Jicr «vs*a mills fur tho manufacture of sheet iron, America had been- supplying. Japan with , A good qca,l of sheet iron- during the past tvft» Canada had prootfeaUy eitt pni tho (shew of tho ti'nplafeiitTflUliß" of. SouUi Welt*' English makers, had to. sell at an- ■ es' treinely low, ptieo in Caoadtt. in order to hold her own. A good mti.ny firaa in the sheet trado had cone und'sT : mow " from bad management and; Dad. w«rS then ■ afiythin'e ■ else. ■ The raeniV secretary af tho Midland We.gc's B*.fA. Sr, Jiinics Cox, said, they vicro tdftijiii: put "a miQjbn sheets per week at.Ly.sa.sWs.works, eqiid! te over IC.KO tons weekly. ' TCagte). 'in the. ttoitiron 'trade-were 40 pSf eent. higher Miflii. in 1887. That: Was equal tp" te. in tto pound. That "had beSft/ascpiaplislied , with ; out strife; , .and the'lncrease ih'waßM lia'd boon lirdught about without 4 siibglft ■ toy 3 stoppage.. , . ' . ' .."' . - STiEL. ■, It is satisfactory tb-keur-n that. has lost nouo or its ei.&' i-epulatioli f&r those .high-grade tool .end .o.titer speciai stcsl6 fd'r.wnich It ifl fameus throuchoilii the world. 'Tljc "Srii'Ma •Ti-adb: Hcview' , states 'that the bao : m iu.certiiih lUdsiiM tools, 6U(ih as sp.a.'te* and i-'lidvels,. tnpa< vitt'\ hammer 3, .mSnlni; toiAz. Srijls t.- , files, haa riot yet-ooiise .\d ah' end, ao.d theprpspoott) lor thqj'o' Mancilbs d<is"- e;xee;llent'. Tho reqnirements o(- isjifivAys iu- Wl.JMts of the world arc ceirstttiiHy.. '"4?' regards storcsVof nil kin&i. 'l'hc .cutlery. trfl.do.. !)«p sbiijertha.Ji stagnant.. vftst populations which. <iii:e growinK up in the floiytii ■ciun'tj'fcs. cn.nnot au'ord' to' buy the' tlies-t c-utlery'.'s l uc,)i. as Haeteld' , #ojfe"'. Ccrtnqnr. alrp steadily',co,pturing tijiie fjft/Je with' 'ctaaij razors. popltct-knivcSi and icisMirs. j?roducinE in great balk., at'S ft'tti the assist- ! ance'of clcv'sr orEanifatiOn qn& in'gcniaus i machinery,, the Sefwaas ett'n bsiit" Sbef- j field casiiy in prices.'

In tlio list of cp.miaij.jcs regiasEetf ptib-j lishcd'in ■'•JteftiiJitile eajctte," ■' the' following .appear:— Tongan. Plantaiioji fliid Co., Ltd. (The),, regislcrcd As a private Comp4ny, February 27.. fttuw: lieod's tlttajr. Gl3dornc. - Capjtal.: £21fliS,■ into %Do.Eba.rcai of £1 each. O.' Mahansy, WOa : .E. Q. Matthews. UM. .Objects: *o <w. quire lease of islsini .of loto Tongan group and other pi'c-periijia ntid to plau : <, coconut trees, cotton'enS other p!an,is and' carry on business ae s'eneral trodcrs.

Duncan and Davits, hti,, registered: as <i private company, Jaiiaary Sff. Oißees Wallatli Bead, W*stown, New Plyntoutn. Capital: £2000, into Sfcfl shares of £i eivk. SubMrilrors: James Etiber'tspa. Dußfan-, 1000; Victor Caddy Dftyfes, iCfiO. OMcctS: To carry on bueinees of. jtttHeryincTi, etc." Tβ Ku'ru. Oil .Laads, ht£,, regfetertid a.s a private company Janiiary' Sβ.' Ofliiie: Gaf- , leo Palaco Buildings', New Plyntbuth- Capi* tal: £100, into ICO shtee of £l e«<ii. §ufc Ecribers: Wilham" reh-ivieii' SlvVUnin, ' 60; Duncan M'Allum, SO. ' Obieets-.'Td sc-auire oil rights, etc.' . ' ' ' '

Jlartinborouih East Ooaji'Telepiioflc Co., Ltd. (The), registered Februajy 26. Office: Martinborough. Ifdlimujfl iiaiotiait of"liability not to exceed £& edcK ' SnbiciibITV1 T V iSatton. s. Camp, bell, F. M-Jbeod, J. lt'L«od, T. O. HftyCoci' D. Bom J. S. Berry, t. il'-M'faeufoi Objeets: The maintainin.f and ejiJcjidin* of a private telephone iiso between. tb,e town of Martinborough and the properties of tho membcif in the IVoirj.jrapd ttisti'ict. Jyiiie to tho Ea.st and South Com of MarEinborpugh. ' ' ' 1 ! I 'l jb S ot ! ists ' .G«-flpefativ.e Association. Ltd (The), registered Jlarch ■3. Cflicei Wellington. CapiEaj: ftfi.tCO", ijito lO.ttO' Eliarcs.of £1 each, of .which. 2C£O-j to ZOOO A shares, 2MO-20G1 to" 40CO "fi" share and to 10.0 CO "C" slid-Ms. ''A , ' , ' and '0 eliares coiifof «n holders' ii e bt to α-rppaymcnt, of capital on- a dtefJiWidn of asisots.ou windirte; Tip 'iu priohiu''.to holders of "B" sh:aMe. .flnd'for 'such pirvpuses ' A'.nnd "0"- *hatt bo triaiti by the liquidator as one cites <rtnj' tht thereof shall , bo. ontitlSd to rc.fcftym'e.'hf\ij capital pan Dii3Ju', efCi . itobsciihirt: Ohnatehurch-J. H. E<jll. Dunnett, A. S, Trevlthjck, 5. 0. BoDerteon, all ono share caeh. Objesta- IV e<3quLre as a. going cijnoeMi the tobacio, cigar, and cigarette business h'sretofbro ojtrned on in New Zealand by E. J. Syams,

,'■ KOS'ES, ' iron.'aail eteel merchants declare . that 'never.-in the jristory of the meiiufacturea trad© were' orders' aa seeite ai at - present. Germans and Belgians :it [? Stated, quotine. 15». Ber tdn unte'tlw Scottish, offloiar prices; *r> 'carrraiis-' 6tt ; two-third?, of the' jjrij&rs «onihig?©n'-.t.he market. ■ Clyde -sliijfplljtap fti:6' <.o.(ripiite«j to'have half a' nfilLjgii te'ns': to pfae'e, aiid Scotch steelmakers 'are to eecn're as'big a' ityaß of ifeo teateirs. mente aj the. foieigii<si-' will permit.' ' "

Tho quantity of.'irtfrt ore njined inthfl United States in 1913 Ss estimated- by ihi Uriited State? Geological KTirv'tiir to-liave ueeri; betweeu 68,0CC,«fl and' Joiiß tons. '. ' •' ...'...'.

In statistics of GoveTn-ftsnt ejlattflies 'of Great Britain end the cqft&igieDt, Mf (3 Eozearaad' chows tjwt BriUslt 21 ner cejlt. consols dropped 'oj Jn' t^ , tg 72, wliilo German thriSte-fq!l i,Bd t<> 76'onil Frcuch.' threes ■ 3.95 to 55.J7; Ihjich nnd Bfleian. threes beft. dpclin'fei o,u iha ycar-afi, indeed, did all i-nl.ei:iiaUaijel6— both stood e.l higiief prices ii tJj'A -cod tif Deiomb'er thai) those of Hi* Em* pij-c. Dutoh faoind' r?7i and' BrfgUitt ?150 Tho smallest dcfliijto o.f- the year w«re thpso of Italian."- three "anii • »' Tuttif pp. ceiits. and Spanish , ' ferttsr. "tive doilipo is each c«.£o beipg 6n;ly \. Tiwi hoivicst .decline jn the' list was -5 Iwiftta in , Buniftfi'iuj fours to ICOJ,- and' Aiistrian' louis' cttnie nds.t, witha.'decUti.c of-'CSS,- ..> • : ■'

Siberian hutter. ijSßprlri a.tiifluateil (luring 1913 t<l 65,228 tone, <* 6339 fofle, Hjnusj to 10.9 pet. cent.,' more tiuin " 1912, an ; d" 11.722 tons, or 21.9 per' oen'«," moTQ i?i*, Of this total. tts6J v .tfl»s' ftSre 'cxpol'tsd bj* Rutisia's European pijtta, fflaiDly, by tii6 Bultic,' England ortd β-crnjftiiybcini* tlio chief customere. Oply 665- teffta', "or abna't 1 per cent;, was'esiio.rted to the-East- via. Vladivostock and flarbin. . ; .' Am American Consular repoff e-alls attention to the ; . risim: t-?Dift;ncy"pf fra-f-esin Japan, which has'fwsne ahead of tho rise in the prices of commodities. 'JCltat : 'tendency, if persistent. wil& mitiiiatc th:o Et-'ri-ousnn?3 of' Japan's compctm'oa" «.(l.ij tjie Occident as «. raanufaeturs?, tog hw effective competition with EiiJope end' ; hae been duo to ltet" plentiful sftpply of cheap , labour. WitH rising vtaeca, dcilr capital, and a,la<;fv af dasiftstia mtitcrials, Japan : may. not' he quite e& lormkkiblc in-, tlio. -industrial Efpjicro us • she threatened to be. ; . The Queensland National Hank h*3 notified the Treasury of its intention to- vay another Instalment of £KiCCfl towdr?J(i the. liquidation of. its tfidebtedne,*. • lo th« Quooiislnnd State GoVerntaefit, The aniount is not due till Julie S), 1920. Tliie telU leave only another instalment owing to tie Government under the tanks* scheine flf reconstruction of 19i4, She total indebtedness of' tho bei'.!; to' ths CEovcrnment was orißinaAly £l-,«5.6«. Private cohimunlcalian wli.ich iuts hoem received from Va.ncoiivtsr, t!.C.< By "a 3le!boiirno firm cites mint sl4tistici velatiuß to (Bo tiuneci try. Dui'inr the uait.BJasofl, it'is sta.tod.

o-sr 2 s OeO,CK- mote'eases of timed .solijion were turned out Its , the.Paeife tMesi i?ti.ofeepe f-ftflii in 551,2, tin;.- fleiii'M lie Jus S.Sffl.fSS castis for 1912 and 8,353,981 'casa in ityS.. Kot*ittotandlns tlli3 enetffliju-j itlcKSi'S'S the (fcmaJid Wβ always greater tSen tfcc supply. ' "The tlcfh<*fld Jμ «.very miwlset- in the world has h<x ; n ejtraorfiM* airy," tho letter states, "with tlie TCSiilt that , : iO'day tinned -S'ateon has all, .with a few minor cttipttons, passed oiit <ti llrst hands. TUttsitiaatioft..is-ijni.io unique, find has been a complete.- 'Surprise"to wcr.roEe is the trade'. vTUo" markets are'.in-■ very gopsi shape aceoFdiflE ,1b reports we hear fd'Bf . cvfsfy finttrtc-: , . end practically- everyone' is Jdgisilte fbrwatd ; i6 Wo' mel'irt.s'thcy \rtll ,Kfet froiii th'e 1914 Hack." Tljis licraßj stato of aCfaije is said to be due to the ..x&SßonaWo ■ iirieeis a't.- which the 1913 paek* was ''so!(i. eoupMd -with the very hifrh price .and scarcity of .«dniwd and fresh intais. . '

.';; • ■ cosipMs. Bevksub. CusVoias' duties' collected at the port <si Wc'iiniiton .yestCTday timountoft. Vα £2327 Us. 7d, : ■ '; . : . . SDPPLESIESTARY ITOQI SALE. •\iit' 'Piiixiaih— VlfSfi AstoolaHoft.) •-. ■■; :' Napier,: Jtarfh- S, it tlic supplemefttary wool' sale to»ctajr there ivae a. feood of buyers V£-ji-reseniiig JJ*o Coriiinenl;,.' Grc-4t Britain, AmeSica, Am I&c &o.ipiti'ion, The PMatoguo coiif'i'stea - mciirily f oi ■ lots, mpfe or'l<ys 'shabby and teatliM witij s.e.sd. .Bidding was idceidcdly keen, and prices, iii sohjc iiista'nccs, showed, ail cdvenee of ten to *flftee,n; 'per cent. ■ LQJ?PON : WOOIi SALES. !By Teletrijtb—Press AMoxsiattoiV—Oq.pyrSßSf •, i ■ :Ls,n.db'n, • 3f<jTeh 4 The Tvool.saJeE'wpre fchiSqateS.'yeriisTiiro and'"American, buyers oseratijig tseeily. All clossWeils wens- i<) • per vttiii..' alj.Svo last isaies? . v. ' " . (Bee. March/ 6, d,lo;.*an.) - . ■ (.p|{don, ■ Motcli 5, ' Prices:—"TVek*," .'Jw. lSd.; averafte.; ll?_d. "Seattehor." liid. and t2jd. fcisshy-HUl;" iad and njd. '"Seven." 12Jd. ■• «ftd ■ ilia.. "Whafeaki," 12d, and Hid, Jfessi'S. Ijcvin nnil Co., Ltd.. have reccitfcd a, oabJeBEBBi from their, ton don ■<igints sUitine' that, the feßoisih'g- clips, iia-ve Beenao)d <jn Mieit" ecoounf at .the ifliei novr cuttvnt.' natnea ird the av«'r»^e'price reAMsc'l for the fleece wool ia each ittstftnee:—S.Brpg./Tabe, ~Pa. Watus, Feildipg, 11 15-16 d.; Hdmswood; - siast«.rt<J»,' 12id.; liiv-eWide, Jtortittb<ir<iUgli.; 11 -*M.: -HWa Bills. MasteKon, 12d.; ItC/Opftit. -Matera. .11' IS-lSd,: Gross Keys, Jtast<>Hon,' IM.; Cl'oss Keys/ EX., 'iEo»«rten,' lUid. 1 •

'..,-.'"a'»GESTIKB ffIIPM>*STS.'-' The■ Department of. Agr.icfflt!jrci ;Industrici?, And. Gommerce has I Tte*ived' tine fo-1-lowing taWegram-fSroal Buenos Ayree, .dated 'March 4:—' .... The following, ft-roilace wag sVipp?d from tie Mire'titine to' th's United Kinjfdota flu> ing FcbTirary, 1514 (coSipa.ied with Feb«*r--" 1 * 3j '- :•; :■;■&£ - :«,;:. Frn7<en bebf, ouarters ... )J9,fCS 25?.;0n8 ■Dh-i-lktJ'bejf.-.ijufeHCra-... 355.(?: P a?.fK)O mutton, carcasses ■ UTtfp ZBS.jKO . ■ .lambi-coiwassea' swm. . '.Mmo ■ Butter,'cwt,. ...,...\.....,...'.'10.J70.: 13,-314 • ~■■ vAiitiw. sal|s.. : / . - ■ ' ByTdetfrapii-PMSS ABBBci-ntion-Oopytifrht ■;:'"••■ tatiilrtii. sfereh' *).' .'Attiß''tftltew' files. .loS9'ca(ikß wetO'-et , ferefl atid SM.spM; , Prwes rcaUscd s-j-IInt; ton, tee .%.,. medium Jia.;' beef, fine .35a., ffi'efliuni SJs. .... . " . ' •••'■'■: TVBEAT. ■ " ' ' ' (Sec.' M&p&'t- OJO a,m.) : .- . L'oijaprt, March 5. ■ The market -.is 81)11,. and prices eisier; Iks. H. is ; as asked fof utt- Austin Jian" cargo '■ . ' ■_. ; LTfISEED plli AJSB , TtJBPENT;iSE. '." ■'"'.'■ .Lpntieni Jiwcii 1 I4fli36ed Ofl.m m M.' K ! Tufpentfuci 3M'..'tW..,. ; v'• ■ '■•'.'•' - . fitt-TBIt. -.'Sar sit.vei'-i3 tpieted'at 26,3 d. per sijaii'dard. -' : :. * '». '' v.v"' ■-.-'•• '■•V,' ■ ■', BA^BJf ■'.:"' "':': ■•' '■■■ ■'■••■ ' ' .■''". ' .'; fc.<Morv Warcli ;4, '■":-At 'the'«4l»'''eftjabblt, "skin? 25.00- were cs'tiilog'ued. Thsre was <i strong malfet,. and prices avfe-Agsa fully Wflipejidb. ad: vapcpi: . . '.'■..'.

ATJ.STB.AWAN PRO&PCE MARKETS, ' ' (Kcc-J&jrfrh 5...W.5 ivm.l . ■ Sydney.,, March 5,' WheM. Is. 91(1., Si; 9*d. '■ Elm*. JEB !-«■ Oats. AteefKin f4ef1tn8,,&... 2a M,s millta. S«; >:$., 2s. sd, Hftrwy, Cfti>e wqltjflS,-. "»■» id.. 2s. 7fl. Mates, <«. 3d. Btan and wfl!ard. #5. ' Potatoes, Tft-Sfflamftas, £6;. «n----ibns, £6. 'Butter, saflectol, -lift).; '■ secondary, ICB3. i Qb6ase,'..S:d. B&ej»,. la. . . u : ' Adolaldci, Harf* 5.' 1 Wheat, 3s. SJd., 3-3. M. Roar, £8 5;., £8 fo. 6d. Bm* and jjollurd, Is, EI6IS. Melbourne, 'M-crtl) 5. CJ-aed.Gimditwnos! U>ts £w the hides sales aft> id. higher; others mo tiaehfl.ng.eil.