COMMERCIAL ITEMS

Dominion, Volume 7, Issue 2170, 8 June 1914, Page 8

COMMERCIAL ITEMS

IK VESTMENT BHABKS There were no transactions in investment shares on Saturday. The quotations were as follow :- Buyers, fccllern. National Bonk 515 6 — Union Bank - 62 0 0 Met. Permanent — U 0 0 Well. Trait, and Loan ... 7 8 6 - Well. Deposit 0 6 6 - Click. Gaa 7 6 0 Wellington G.i 6 (£10) 16 7 0 — Wellington Oas (pro.) ... 10 0 - Meat Export (£4) 5 0 0 — N./.. Shipping (ord.l - la 15 » Union Steam (onU 15 0 1 0 5 Wellington Woollen (ord) - 412 0 Well. Woollen (prcf.) ... 3 ?. 6 - Westport Conl 1 10 0 110 6 Tari-njainntu Totara '... 2 6 6 2 7 6 C. M. Banks 12 9 — Manning and Co. - 4 0 0 N.Z. Con. Dental 11 0. 12 0 W.i'.C.i. (£1) - * ' ° THE MONEY JIABKF/T. The London money market is still in a somewhat uncertain condition, althoußh there is no movement of any consequence in the rates. The Bank of England figures arc not as strong as they wero a year ago. as the proportion of reserve to 'liabilities is now 42.4G per cent., as against 52.27 per cent, twelve months «co. Tho bank rate will scarcely bo raised during the next six weeks, but, if there is any sort of pressure in August, higher votes may be anticipated. Consols dropped 20s. on the week, and several Australian denominations (also Xcw Zealand 3i per cent.) arc lower. This fall, however, is more apparent than real, ae tho quotations given are ex-dividend. If allowance is made for this, there is no change of any consequence.

EXPOKTS OF NEW ZEALAND-PRODUCE. The values of the principal products exported from Now Zealand during the first half of April, as compared with the figures for the corresponding period of lust year, 6ho\v as under:— , 1-15 April, , 1-15 April, 1914. 1913. •.£ . S Butter 68|697 77,954' Cheese 34,879 ' 109,552 Reef 28.913 18,454 Mutton carcasses .... 96,314 1C9.459 Mutton legs and piece? 2,839 1,693 Lamb 116,030 2E4.413 Wheat :' 3 32 Oats 545 545 Potatoes 30 589 Hemp : 8,356 28,357 Tow 1.947 7,60) Kauri gum 8.125 26.879. Grain, and pulse 1.C83 5,675 Hops 'v — 305 Hides \ ;. 6,259 . . . 7,020 Skins ! ; ; .T.. n ;-... 31,451-,.,'.-•.-28,545.. Tallow .>:.•.■>.'.;.'.'.'.''• 30,5%' '-'"■" '25,252 • Timber 29,019 12.233 Wool „ 396.470 . .424.114 Gold 17,566 65,915 ' £881,580 £1,235,707 . CUSTOMS DUTY. Customs duty collected at the port of Wellington for the week ending Saturday, June 6, amounted to £17,603 2«. 7d. 'Die Aiini collected for the corresponding week lost year was £14,831 Is. 2d. Boer'duty, collected Inst wee!; totalled £191 18s. The amount on Saturday was ,£U£O 18s. Bd. . COLONIAL AND OTHSB PBODDCE. FROZEN MEAT.' By Telczran'a— Press Aracciatinn—Copyright (Rcc. June 7, 5.5 p.m.) London, June 6 The Incorporated Society of Meat Importers' Smithficld market quotations for the undermentioned classes of frozen meat arc based on actual sales of not leos than one hundred carcasses of mutton or lamb, or twenty-five quarters of beef of fair average quality. Tho quotations are not for selected lines, but for parcels fairly representative of the. bulk of the shipments now on the market. The prices which follow arc on the average a farthing per lb. more than the values el ship, this difference representing the average cost in expense, handling, conveyance, and seilins tho meat:— i May 23. June 6. MuttonCanterbury, light 4fl 4?, Canterbury, medium 43-16 4 3-16 Canterbury, heavy 33 3J Southland • - * North Inland, best ~. 41-16 41-16 North Island, ordinary o? 3 3-16 Australian, light 35 35 Australian, heavy 311-16 33 River Plate, light • * Biver Plate, heavy 33 33

New Zealand ewes 5 7-16 ■•? Z\ . Australian ress 3J -. 55 I Eiver Plate *S.'.'■-'.%. S'i - I Lamb— . - •■'- '■',' .>' i Canterbury, liffltt : 6 5-16 :.' 65 !6 ; Canterbui-y. m-etlium '. 6 3-1$ ' Canterbury, heavy 6; . S 1-1(3 i Southland 61-15 ' 61-15 North,lsland, selected ... 6346 63-16 North Island. o»diiinry... 6 6 Australian, best 511-16 - 511-16 'Australian, fair 511-16 -. SU-16 Australian, inferior 53 Si Itivnr Plate, first. 53 5J lliver Plate, sMend 55 ' ' 5iTJeef— N'ew Zealand, os fore;.. 37-1S -,-3 7-16 New ZMland, ox hinds 4j 4 7-16 Australian, ox-fore? if, l-i Australian ox hinds 415-16 415-16 lliver Plate, ox fsi-es 3j 31-16 Itiver Plat-e, ox hinte ... -43 Ah liivcr Plate, clt'tied fores 3-5 S* lliver Plate. clsiiM.h'mda 5i s'j offerins- • \. BABBITS.' Rabbits nre dull a«d Homisially anchaiiged.. HIDES. The markot is dull with an -easier tendeney all round. Queensland <in& RvcUiey Meatworlis hi-iies, all weights, $l&. to S-jd BASILS. New Zealand basils, 17s. to 21s. ■ CANAWAJv lOXS. By Telecra*rh--Press Aeeocistiou—Coßrfiffht Lonfton, Jtise 6. Canada is underwriting- a four ner e^nt. £5,0CG,K0 loan, the issne pt-icE toeing fixes! at £93. KAURI GTftr. j Londou, Jane 6. At- the kauri guifi Sfl-Kfl 5S «-.K»es wci'-c bought in.-The stock tatals SH coses.