COMMERCIAL ITEMS.

Dominion, Volume 7, Issue 2008, 16 March 1914, Page 8

COMMERCIAL ITEMS.

.INVESTMENT BSARES. ! ' The sales of investment stares-on Katarday wcro:--Bank of Now Zealand-(rights) at £1 18s., and TTnion Steam (preference) at 2Cb. 3d. • The (juotations wire as follow:— Buyetv. ScUct-s. £ o. rf". £ b. d

SALE OF FOOD AKD PP.UGK. The Act regulating tlvo salo gf food, ami drugs, which was passed iii 19i2-, will come into operation oil April 1. By t,fy> regulations every package costaitliag fffoiieitiil's

for human consumption tniKfc bear c ; true «ui<l accurate description of Hβ contents. For iiislance, miik. cream, batter, iuid cheese uro rt-rkfly gimrtlud agniusl. artultgration, and marga-vii-te- roust tjc labelled iu letters ofia-itrnirfiir of an inch square. Jji the case of jams not mo-re t,li;i.n a.i per cent, of aiJplu pulii is permitted., andtthe iursel must ritscioi-o tile isvcl wiien t-aus α-a-I diti6!i is Willie. JtuspbcTry syrup ami viiie- ! gar ini.iss. ton-tain not ices i.hini ai per cent. ©f raspberry .niira, <md not le.(e than 35 per tout. o£ snji-ar, and tnoy contain 10 per cent, of glycerine. X'o foreign colouring matter nor artificial flavouring may be employed to enhance the appearance <ir tnsto of t-hi? product. Any -cordial-.? or syrups which (k> not comply wjih "titese provisions »iust Iμ. labeUe-d "artificial," and they must not bew an illustration. o£ the fruit, or iu any o(h«T way seci-: to give swell <m imprcsstim. MistuV-es of' coffee ami chicory, both ijry and fluid, aaust contain not lett 3 than M per cent, of coffee aiul whenever chicory Is used, it mvet bo stated in Jetters of equal shti to those of the word coffee. Another important nfi> ■vision relates to those- patent medicines ef which alcohol is an ingredient. It reoutes a plain atatemant, iii cases where d certain proportion. <sf alcohol is contained, (if Use number of parts per cent.' of proof spirit. STRIKE ESPEXSES CLAUSE, The "strifce exp.efle-3-3 clauses," which the International Shipping Federation Moposes to JBtrcd.uoe in- all Mils of l-iding and freight contracts, have evoked vigorous protests from traders. The innovation authorises shipowners in the event- of a- -striliß or labour troubles to take such measures as they may d£em expedient to haftifle cargo, aiifl to recover tenia the ehiinier 50 per eeiit. of any addjtiofial expense thereby incurred. The ma-jtimiiin Jiaoility of the owner of. tte cargo, towerer, As to be limit* eft te 29 pe-r ceiit. of the actual net value of the goods. A further serious asf\!?™t of these eio-iisK is that power is granted to the lihipoiyiier to diseha-yg-B thfe ca-rco at QB.y port- he may deem fit other than the destination nemed J« the bill -of lading. sSiould such power bo exercised, he is not to de held Jia..l}le tor any lus-3 or datna-g-c to the cargo, even. tJrogh the sgjne ie caused by the negligence e< his employes. Bitter hostility has, says an English »per, been aroused by these proposals, and one Jj-iverpeol association has ur.gEct- its members to .instruct their lumbers not to "accept, draft,? to. which a, bill of lading costainioc ths objectionable clause is attach- ; «iJ, It remains to bo seen the malcontents-ere strong enough to defeat' the scheme, but to t-he Msiory of affruiehtBKjnt no new f iiriu of contract has aroused i su-ch.Strong Sealing a<s this innovation has created. If the whipping IMewnioA ear. Ties the flay, no doubt same soptoate form of insurance policy will, be eveivert to inttenrnay the cargo -owner against strike fixpijnsre, MABKET. REPORT. Jtessrs. A. 11. AtUiiistin and Go., Lta report at their weeJUy sale on Fridav -asmall entry of poultry and a moderate jardOT* of pigs. Quotations: poultry, .itper pal}-: Cockerels, sfflall. Is. 6d,, 2«., 3s. 6d., a.r,d 3s. Si.; cliiclte, is. td.; pimjoil* Is.; dfate, 45.; geess, <ls. 9d., fe. ties-. Wettnere, p-sor, 45., is,, 73. 6d,, 65.: better sorts, 95., 9s. Jd., lCs.;-slips, M?., Us., jk £d., Us. id.; stores, 16s.- 3d., £1; peters, £1 Ts. 6(1.; goes!, £l Ife." 6d, We ftlso sold a> euatttty of fruit and potatoes at tlio foilow-ing- ftrjees: Tomatoes. Zs. 3d.., 2ii. 6[}.; S=-. 6d r , 2-s,' Sd.: apples. Is. to 4s. i)d.> all at per case; potatoes,' ss. per cvrt.; ontens, ljd. jer , th. in bag lots. ensto-Ms. Customs dutios collected at t-lie port of WcUinstoti on Saturday Urtalled £li-55 14a. 5d., thfi atttoUnt for t-l-i-e iveels betog £jt)l24 lfls. Id. The returns for each of the past eight weeks, compared with thfl figures for the epTTcs-pon-din?- pwkiii ol the preTioui year, show a-s uftScrs— 1913.-1-4, ISI-M1 £ . £

fti.e, Seer duty collected lost week amounted to £&». us against £209 for the corrteponding week ci£ last year. SQtJTfiEIIJf MARKETS. (By T*l<!er*piii—Pres-3 Association,} Oamarii-, Ifaieh. IS, Thefe isfWdeclly m'orq DrlskWsg Iα the whejtt market, and. a e,o.«d many sales have been made. jat.'Btießs'trom-14- , .ta ijoV above tho.=e ruUnp: JtfSt - Week. .--Yclrct is ..Dlie wheat mflstly is demand. ' The fbllawingr aft* the pri«s paid:—Velvet, 3e, ?d, tti Jsi SM. .s&efc; redchalf, &.. 8d,.; Marshall's .white. sf>, Td,, t<y 35.. Sf\.i ..a'psewfii ?.d. to ,ss. tisL, 1 all act -at tjounftry 'stations. Qatg, . <vre etill dealt in on a limited scale, though a few geod-sizeij lines have changed lureds at the following oricils;—"A" griaije , . So*tons. is. 7Jfl. to Is. SW.-: , '!)" ETafe ■Iβ. 74., all tfot. Cocksfoot sptfrt lias heeij felt in at 4d. pot Jb. lu.tinirics have been, maile for po.tatp.os far shipment at £3 tiet per toil on 'tracks, but fio business ins yet. been done. It if) espected., heftevef. tlmt the insemiflg wefrti will seo the market opened. . ' ." EOXpMf JiiJIKSTS. Mflssrs. Dalgety and Cottipany, Limited, Report 'lin-vtaß received cnMo a.dvkjo ffoni Htcir London dike, ante , rfatft ■lld'rcil 1.2, ds fofle*si—Proved meiit: Jj'ee.f—Pcmaitft is paw, and Atrirals otter iiittn AiMtrai-iatt tire JieaVj-V OuotattOM:—fores, ftj-.j-ftlnfle, f Aid, .. ran» iirincipqlly" on-ireavy-TCights. Aitj." etopuc in pftarc is iii. bave.rs'.'.favour ftgoiatKHK? :—ftkntfti , - buvy, heavy 6}d., Mgiit 6}-> l .; K*Tt,h Island, heavy 63. Ie 6id., light 6M, ie 6 prices arfl irm far heAvy. Jlutton Demanij. i» wincinally on liGUt-weittiit-s, majtef, is (iiilt ftnotfftlotts—Caetetbttry' not guoted: Sf6ri.li Isla.iitl. htavy 4jrt.. ligJii <jd, Prttfes aro fifni f!«• J-iffii*. Tallow:~Jlafket, in Ee.nsral is unchanged.. . LOSDOS TTOOL SALES. Bγ felegrSph—Prtns A.«poflatv«i -Coprri?%| •' - . Londdti, Jfarcli IS. . At the wool Mies there u-as a good Etkc- i tion n-fl<i ait njijinated demand for all KW'ts I it recent TOtiSje. (Bee. Mnircli 15, 5.5 p.m.) I . tomJgn, jrw«Vi j4, ! At the xfoo] : isilES f.Jie follewiiig pr.it'es ivore realised for Hie fleece portions of ilid clips Hanjetfi—Ttiha." top price }3d;, average jiric& lljd.i "Tetoe, , . , top 13d.. ovcrag* ■! II 3*l.;."P ; iiTOpiiro OiiiAfe." top &)■s., aver' i age Ui'tf.; "Otaifi," top I4id., average UJd. Moasre. Levin find Co.. Ltd.. liave. ifleeived I' ; ruble fldviee from tiieir agents in London ' ■} that the fallowing clips hare be.en sold o'fl ! ■ rteir .i.«[ftmt at- tho sales now cufMnt- | The pPiceß n,T,tned ■ boiftft tlie average prico fOT-liSed Pit this fteoan wool i.n ca«h in- ■ «.tnn,« : -]a,DEESUB. Oatafl.ru, M*:"- Atf- ■ CffOlt, Snjstsrton. lled-i ftPN/MV, Teimi. iFROZES ItEA*. Br TelcSr.-vßh-Pre?s Aesodatiou— Coftyricht ■ !Bec. March 15, 5.5 p.m.) „„ , . londoti, March U. . ers' Sittithjtel-d ssarbet o.iiot4t\ans f:o.t tIW iindcfihoiitioned i&issss <ft ffozen incdt aie ■ based sn ftctual sftlcit of not less thai] ohe HtmdrEd earftussss <jf mutlon or Jttmb* or iiraiuy"ilve aunrWrs of iiccf of £air aver- r ' acre QH-alilx. The qijnlattons arc not for 1 Eclcctud lines, bi.it for Darcoia M,ri.V re- i: pjrescfltaUve of the bulk of the ehipmeinis shot on th? market. The srlctrs " which follow Wq on tlio averece a. farlbiiis nef Ib.. nyaTo than live values ex eliin,' this dilterenea reproieaiinir th« avcraEe uost ii expentfß; hunißiiiit. corivevauce. and sclijuc ■ the incotc-i Mar. 1 ila.r. u. Mutton- . <i. d.

. *Noiic ultcritiK. BatrbiU-X'lie market Iβ quiet, and prices ; are upcuaneed. JUtfE. . London, March 15. Jtitc—Native first nuirfis, .£3l IS*. 6d. per ton. ' . MEXICO DEFAULTS. "Times" end Sydßoy "Sun" Senlew. Uindan, March 14 Mcsxtea lifts defaulted •" connection wjifc the City of Mexico loan <jf jaflOjOW.

Hank N.Z. (rights) 4 17 6 4 JS 0 National Hank - 5 7 0 Wellington Investment ... — P II i Palmorston N. Gas..'. 19 0 0' — ■ Well. Gas (£1(1) ..'. .'. 55 2 6 - R.B. Insurance — 4 7 J Union Steam (pi'cf.) 10 3; 10 6 Kalanoi Woollen lord.) ... h 3 0 Muriel Woollen - 3 J2 6 Woji. Woollen (ord.) 4 0ft 426 Well. Woollen (pref.) 3 0 0 - Wustport-Stookton - 0 4 0 Lcyland-0'Hricn ! i J - Tarlngamutu Totara 2 5 3 — Golden Bay Cement 01? 6 — W.l'.C.A. (£1) - 16 0

iTaouary 24 23.M4 2J.15J . Jafiiiai'S' 31 IS.B92 1J,?J3 Febfuary 7 15.124 26,262 February 14 „.. 27,526 1.4,418 Febi-uery a yi,ni ■ i^.6S? JTebruow 2? 19,fo2 13,880 liUi-cli ? ; J6-.6H6 25,51-6. Akireh 14 • 23,124 l^437 157^95

Canterbury, lislit * * ■Oapterbiify. niediam * • F.rtiH«rbu*y. heavy * * f-'otltlllSHlA * • North Islnn-d, ■ best 4) ■ 4J North I.slaad. ordinary... 4 3-8 . A'iS Australian, light .... 3 5-lfi 3S.J4 Australrau, h«lvy $1 jig River Plate, light • • Jiivcr I'lafe, lii'ftvy « 4J Novp Kwilaiirl ewes 1 < Australian ewes 3J 3J Eivcf PlSie ettca * 3J CantcT'teu-y, light ,. * . {} ; C'fln!.or*'nn.-. i-ifi'icm l Canterbury, lieavy • $k ■Mjltllll*'!') - XorOv Island, eelCctcrt .... 65-16 6} JfoHli Isliiiml. urdiltQry ... b a ' Anstr.-iViai), l;wt .' 5i; 5-J' Austfaliiisi, fair „. S* rv Australian, inr«riai' 59-16 55 Kivor Pfetc. first hM 5fi Elver PJa(«, second ...... 5! 51 Xew Zealand, ox fores ... 4 315-16 IWv Kmlanti. ex "hinds... *1 i<1 Anstralina. ox forea 4 1.16 41,16 ' AustraJ.Hn. ox himk ... 4 /•'," River Plate, ox fores ... * 315-16 , River X»tot*,' iihflkd fares 3f sj ! ; Itivev Plate, chilled htnde 4j 5