COMMERCIAL ITEMS

Dominion, Volume 7, Issue 2148, 14 May 1914, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. Tlie sales recorded in the investment market yesterday were: Wellington Oae (£10) at £16 7s arid £15 7s. 6(1.; Meat Export (£«) at £5; and Wellington Investment at 11s. ljd. The quotations were as under:— tiuytrtj trcllera £ 6. d. £ e. d. Bank N.Z. (£3 6s. Bd.) . - U 5 0 National Bank 5 12 6 5 14 0 Metropolitan Building .. — 12 0 0 National Mortgage 4 5 0 Oiflborne- Ciaa •- 2 2 6 Ffllmcrston X. Gas — 10 10 0 Wellington' Gas (pref.'l... 0 19 6 - S:D. Insurance 4 7 6 - Moat Export, (£4) - 5 10 Meat Export (525. 6d.! ... - - J 3 6 Union Steam (pref.) 10 9 Kaiapoi Woollen (ord.) ... 5 5 0 — Wcstport Coal 19 6 — Leyland O'Brien — 1 S 3 Ward and Co — 5 0 0 W.F.C.A. (£1) - 16 0 WOOL EXPORTS. .Australasian wool exports from Jnly 1, 1913 to April 30, 1914, as compared with the corresponding period of latt season, compiled by Dalgcty and Co., Ltd., show as under:— . State. Bales. Bales. IW3-14. 1912-13 Victoria 480,054 427,511 N.S. Wales 818,012 745.M1 Queensland 292,525 210,621 S. Australia 150,228 162,298 Vh Australia 65,109 67,233 Tasmania 21,016 21,528 'Commonwealth 1*26,744 1,634,597 New Zealand 500,353 462,253 2,327,097 2,116,650 There is a net increase of 210,247 bales, which is more than was expected. New Zealand cxhibite an increase of 18,100 bales, Victoria- nn increase of 52,543 bales. New South WalEO 72,611 bales, and Queensland 81,704 hales; the other three States exhibited shrinkages. Customs . duty collected at the port of Wellington yesterday amounted to £2493 16s. Id. LONDON* WOOL SALES. By ToleEraph—Press Acsocis.tion— Copyrisl t London. May 12. There was very good business done at tho :Wool sales to-day. ' Prices for crosshreds were firm, cud for merinos unchanged. (Itec. May 13, 10.5 p.m.) London, May 13. At the wool sales, the following prices were realised for fleece portions of New Zealand clips named:—"LAKES," top, lJd.; average lid.: "HALE WHAItANUI" 13Jd.. 11 7-Bd.; "MEHCISTON," 12Jd., 11 l-Bd.; "WAI-n-BRE," lid.. 103-Bd.; "KAU," 12Jd., 11 5-8(1. i At a meeting of the Colonial Wool Merchants' Association it woe decided not to limit the fourth series. The New Zealand Loan and Mercantile Agoncy Company, Ltd., has received tho following cablegram from their London house, under dato May 12, regarding the progress of the- London wool sales:—"The competition continues spirited, and the market is firm." . ' ■■■ FINANCIAL CABLEGRAMS.- - By ToleEraph—Press Aeeociation—Copyright London, May 12. Yesterday's closing quotations were ae follow :— Bank of Aust-.Talaaia, buyers £120, sellers £122. Bank of New South Wales, buyers' £42 10s., sellers £43 ICe. Bank of Victoria, buyers £4 55., sellers £4 15s. Bank of Australasia, buyers, £120, sellers sellers £60. National Bank of Australasia, buyers £5 153., sellers £6 ss. National Bank of New Zealand, buyers £5, sellers £5 10s. Bank of New Zealand, buycrc £10 7s. 6d., sellers £10 173. 6d.' N.Z. Loan ami Mercantile Agency 4 per cent, debentures, £92. City of Melbourne 4 per cenL debentures. £98. fiiiiifi-vi i.. ■: • - -'-. i ■' •'■ Melbourne Harbour Trust, 4 per cent, debentures, £10.1. Melbourne Tramway Trust, 4J per cent, debentures. £102. . Melbourne and Metropolitan Board of Work?. 4 per cent, debentures, £99. Australian Mercantile debentures, £94 10s. Dalgety and Co., 4 per cent, debentures, £9t Dalgety and Co.'s shares, buyers £6 155., oellers £7 ss. Melbourne Gas Co.'s debentures, £99. City of Sydney, £100. Goldsbrough, Mort and Co.'s debentures, £96 10s. Bank of.New Zealand, 4 per cent, guaranteed'stock, £99. New Zealand Loan and Mercantile stock, £90. THE METAL MAEKETS. (R-ec. May 13, 10.5 p.m.) London, May 13. Copper.-On f?pot. £63 55.; 3 months, £63 155.; electrolytic, £65. 10s. Tin—On spot. £153 55.-, 3 months, £155 ss. WHEAT. London, May 12. The wheat market is firm, and a good demand is reported. (Rec. May 13, 10.5 p.m.) London, May 13.. The wheat market is easier. The American visible sup'ply of wheat cast of the Rockies is estimated at 70,543. bushels. SILVER .AND GOLD. London, May 12. Bar silver is quoted at 26 7-Bd. per ounce standard. Bar gold, 775. 9d. per oz. JTJTE. May-June, £33 10s.