COMMERCIAL ITEMS

Dominion, Volume 7, Issue 2209, 23 July 1914, Page 10

COMMERCIAL ITEMS

. INVESTMENT SHARES. A sale of TJnion Steam preference at 20s, Bd. was the only transaction in investment shares recorded yesterday. The Quotations were as follow;:— Buycre. Sellers. £ e. d. £ s. d National Bank — 517 6 National Mortgage 4" 5 0 . — N.Z. Loan and Sler. (ord.) 91 0.0 . , — N.Z. Loan and Mer. (pief.) 94 0 0 — Christchnrch Gns (£5) ... — 7 7 0 Wellington Gas (£10) 16 10 0 - N.Z. Insurance 6.8 0 610 0 Standard Insurance — 1 17- 6 Gear Meat. (£1) ■.- .3 18 0 TJnion Steam (pref.) 10 8 — Well. Woolion (ord.) - 4 8 0 Well. Woollen (pref.)- 3 2 6 - Tanpiri Ccal 1 1 6 - 12 0 Westport Coal 1 10 3 — Wcstport-Stocktoß 0 2 9 ' — Leyland-O'Brien ■ :........ — 13 0 D.I.C. preference ...:...:....' 1 2 3 ■ — Golden Bay Cement' ;... 10 6 12 0 Manning and Co — 3 19 0 W.F.C.A. (205.) .' - 16 9 Customs duty collected at the port of Wellington yesterday amounted to £2105 6s. 2d. . FROZEN; ME AT MARKET. * Messrs. Gilbert Anderson and Co. (Messrs. Mellsop, Eliott and' Co., local agents), writing on the frozen meat market, under date London, June 12, report as follows:— Home-grown: Supplies have again beca on the heavy 'side, but at the lower values the demand has been fair. Beef: Scotch sides, 6Jd. to 7d.; English, 6id. to 6Jd. Mutton-: Scotch, Bd. to B|d. (small, BJd. to 9d.); English, 7d. to Bd.; vei'y few tegs, 9d. to 10d.; English lamb plentiful and cheap, 9d. to 9Jd. Veal, Bd. to 9d. Pork, 6d. to 6Jd. Frozen. Mntton: In view of the moderate arrivals in the near future, there is a good inquiry at increased prices for goods close at' hand. On the spot, however,' values are only slightly improved. Canterbury sheep, 48-56, 4gd.; 56-64. 4 3-16 d.; 64-72, 32d. Best North Island, 56-64, .4id.; ordinary, 56-64, 33d.; ewes, 48-64, 3|d.; Australian wethers, 48-60, 3Jd.; second quality, 35-55, 33d.; ewes, 38-50, 3 11-16 d.; South American wethers; 56-72, 3Jd.; ewes, 48-64, 3gd. Frozen Lamb: Light weights continue to hold' their own, and in.- some instances are firmer,' but mediums and heavies l-16th loner, and the tendency is slightly weaker. Canterbury lambs, under 36, 6 5-16 d:; 35-42, 6d.; 42-50, 6d.; small-second, quality Canterbury, 61d.; selected North Islands, 28-42, 6 3-16 d.; Southlands and ordinary NorthIslands. 28-42. 6 l-16d.; Australian, best; '.8-42, 53d.; fair, u-36, 53d.: inferior (light), s£d.; South American, u-36, sgd.; 36-42, 5Jd. Beef: f ■ Fore-quarters, • a very :. bad sale. Prices unchanged. Chilled fores, 3Jd.; hinds. 5 3-Bd.; frozen New Zealand fores, 5 7-16 d.'; hinds, 4 7-16 d.; Australian crops, 3 3-Bd.-, hinds, 4 5-16 d.: South American, fores.-3 7 : 16 d.; liindS/,-4 3-Bd. '•;■ LONDON WOOL SALES.GOOD COMPETITION. » B/T e l e g Ta n n— Press Association—Coprrieht ' London, July 21. . At the wool sales there was good competition, and prices were fully firm. . PRICES REALISED." \ | (Rcc. July 22,. ,9.40 . p:m.) London, July 22. The following were the prices realis2d for the fleece portion of the- New Zealand clips named:—Maewa, top price 12Jd., avcr--0,20 pried V))|d.; Knltuku, toplZd., average 10Sd.; Lisman, top ' 12}d.,.'average Hid.; Opuru. top 13d., average 113 d.; Kaputono, top 22\d„ average 201 d.; Stromans, top 16a.,. average. 12Jd. < . . FIRM SALES AT BRISBANE. ' Brisbane, July 22.The new season's wool sales havo opened. The competition is general- and keen. Prices for all good sorts ore firm at Juno rates; prices for other sorts are irregular, in. buyers', favour. FINANCIAL CABLEGRAMS. London, July 21. Yesterday's closing quotations were as follow:— . \ Bank of Australasia, buyers £124, tellers £12«. ■ Bank of, New-South'Wales, buyers £43, sellers £44. : Bank of Victoria, buyers £4 10s., sellers £5. Union Bank of Australia, buyers £59, sellers £61. National Bank of Australasia, buyers £6, sellers £6 10s. National Bank of New Zealand, buyers £5 55.. sellers £5 10s. Bank' of New Zealand, buyers £10 35., eellers £10 15s. N.Z. Loan and Mercantile Agency 4 per cent debentures £94.': . City of Melbourne' 4 per cent, debentures, £99 ~■-' Melbourne Harbour Trust, 4 per cent, debentures; £100 ex interest. Melbourne Tramway Trust, 4J per. cent, debentures. £100 ei interest. Melbourne and Metropolitan. Board ot Works. 4 per cent, debentures. £99. . Australian Mercantile debentures, £94 10s. Dalgety and ; Co. 4 per cent.: debentures, £93 10s. Dalgety and Co.'s shares, buyers £6 ISs., sellers £7 ss. . , Melbourne Gas Company's debentures. £99. City at Sydney, £99. . Goldsborough, Mort, and Co.'s debentures. £95 10s. I •■ Bank of New ZealandM per cent, guaranteed stock. £99: . New Zealand Loan and Mercantile stock. £90. ;..:LONDON MARKETS. (Bee. July 22, 9.40 p.m.) ,' i • London, July 22. Wheati—Tito market is firm, with more Inauiry. ■■. ' Tin on. snot, £142 15s. per ton; three months,-£144 ss. \ Lead, soft foreign, £19 ss. per ton. , WHEAT STATISTICS. . (Bee. July 23, J. 20 a.m.). London, July 22. The American, visible supply of wheat East of .. the Rockies is estimated by "Brailstreet's" o,f 37,058,000. , SILVER. , London, July 21. ■ Bar silver is quoted at 24 9-16 d. per ounce standard. . ' ~ JUTE. August shipments of jute are quoted %i £28 ss.