COMMERCIAL ITEMS

Dominion, Volume 7, Issue 2203, 16 July 1914, Page 10

COMMERCIAL ITEMS

CUSTOMS DUTY. Customs duty collected at tho Port of I Wellington for the week ending yesterday amounted to £21,426 12s. 9d., the amount collected for the corresponding period last year being £22,235.183. lOd. • The amount of duty collected yesterday was £4173 9s. sd. Beer, duty collected for the week ending July 15. amounted to £321 7s. Bd. SOUTHED PIiODUCE MAHKETS. . ~' 'Hj T-slcgtaph.—Press- Association.) Christchurch, July 15. There is 110 improvement to note in the local grain market, which is even quieter now than it has been all through a very quiet season.- Little or no grain, is offering, and apparently there is no inquiry. The potato market is still dull, owing to buyers iu the Auckland market still holding off. The tone,of the market is caoicr,. but few sales arc being made, as, the growers prefer to hold rather than accept lower orices than those lately ruling. The' Main Trunk railway is said to have mado o material difference to the business that

was formerly done by the South Island with Auckland. Supplies of potatoes and chaff are now railed through from .the Wellington province, whereas, before the.railway was opened, tho South-Island did business by sea. The Bast Coast of Wellington is now obtaining supplies of early seed potatoes from Auckland. This means that a larcer area of potatoes has been, grown iu the Auckland province this eea'son, and must havo also had an important hearing upon the northern market, and accounted for tho lessened demand from there, RISE.IN BUTTER. By Telegraph—Press Association—Cooyricht (Rec. July 16, 0.30 a.m.). Sydney, July 15. The price of butter will bo advanced 4s. per cwt. from to-morrow. . FINANCIAL CABLEGRAMS. . London, July 14. Yesterday's closing quotations were as follow:— Bank of Australasia, buyers £123, sellers £125. . Bank of Ntw South Wales, buyers £42105„ sellers £43 !os. Bank of Victoria, buyers £4 65., selloi's £4 15s. TJuion Bank of Australia, buyers £59, sellers £61. National Bank of Australasia, buyers £5 iss., sellers £5 ss. National Bank of' New Zealand, buyers £5 7s. 6d„ sellers £5 12s. 6d. Bank of New Zealand, buyers £10 53., 6ellers £10 16s. N.Z. Loan and Mercantile Agency 4 per cent, debentures, £91. City' of Melbourne 4 per cent, debentures, £99 Melliourne Harbour Tru-st, 4 per cent, debentures, £100 ex interest. Melbourne Tramway Trust, 4J per cent debentures, £100 ex interest. Melbourne and Metropolitan Board ol Works, 4 per ceut. debentures, £99. Australian Mercantile debentures, £94 10s, Dalgcty and Co. 4 per cent, debentures, £93 10s. Dalgety. and Co.'e shares, buyers £6 IBs., sellers £7 is. Melbourne Gas Company's debentures. £99. City ol Sydney, £99. Goldsborough, Mort, and Co.'s debentures. £95 10s Bank of New Zealand 4 per cent, guaranteed stock. £99.. New Zealand Loan" and Mercantile stock, -£90. ' • wheat; (Rcc. July 15. 10.35 p.m.) London, July 15. The market i-s slow on very favourable spring wheat crop outlook in tho United States. Beneficial raiDs in Canada and forcing weather for European crops arc causing a weaker feeling. THE METAL MARKETS. (Rcc. July 15, 10.35 p.m.) London, July 15. Copper, on, snot, £61 166. 3d. -per ton; three months, £61 13s. 9d. Tin, on spot. £143 15s.'per ton; three monfkti, £145 15s. . SILVER, . / London, July 14. .Bar silver is quoted at.27 7-16 d. per ounce standard. . • August jute i 6 quoted at £27 15s.