COMMERCIAL ITEMS

Dominion, Volume 7, Issue 2249, 8 September 1914, Page 8

COMMERCIAL ITEMS

. - .'.. INVESTMENT SHAKES. Tlioro were no i transactions in investment shares yesterday.. The Quotations wore as under:—. . " . . Buyers. Sellers. '. . ■.. •'.;■ ■'■' •■-"■ £s. d. .. £s. d. Equitable Building 8 10 0 - •K.Z.-and E.Plate '. 115 0 - lAuck. Gas (paid) 15 0 - Wn. Gas (£10) 1» « »■ ~ Wn. Gas (pref.) :. 19| N.Z.. Insurance 5 0.0 — South-British '.. .'........ 317 3 40 0 Oliristchurch Meat ......... - 15 Q 0 Union Steam (pref.) 1-0 3 — Hikurangi Coal 0 9 0 - Leyldnd-O'Brien — 110 Sharfand (pref.) 0 18 0 - Word, and Co. ■ . — , 6 10 WELLINGTON WOOLLEN CO. Tho annual meeting of the Wellington Manufacturing Company, Ltd., was held ycoterda-y afternoon. Mr. W. H. P. Barber (chairman of directors) presided. .The annual report (previously published) was read and adopted. Tho" chairman (Mr. Barber), addressing the meeting, eaid that tho sales for ttie year ■:and l the gross profit were once again . a. record' for .the company. The affairs of tho company were in good shape, and ' eo far as it was possible to prophesy, tile snsulng year. should bo financially satisfactory.' It was with, :this:,belief that < tho directors, in allocating ;thc year's pro-' . fits, decided to adhere;.to the'- same distri : ' bution as in the previous-year,;,, rather in the profit and-loss ac- > count. ; •' ~.:?";'-.-.'.V.'£.:."'■'•' • Tho*retiring directors,--Mr. A. E. Edey sind ;Dr. 0. Prenaorgast.lKnight, LL.D., .- were re-elected.' Messrs.-Henry Kember "end Son, P.P.A. WZ;),and ■• Ernest. W. : I Hunt,vl\'F.A. (N.Z.J, were .re-elected;

Cns'toms duty collected,,at tho port of Wellington yesterday'"'amounted to £2107 is. Bd. . . ■ ' -;vv ■'•' : :.':.' HlSffi COMMISSIONER'S .CABLEGBAM.'. The,'- Department of. Agriculture, Industriesr*'and Commerce .has received the following cablegram from.tho High'CommiaBioner,. for Sew Zealand,".'.'dated.' London, - September 5, 1914. (Note—Quotations, un-" less 'otherwise specified;: are averagermar-; tet iprices ,on spot.l.vv ..'-'' :.':! ;■ ,'.'.v".'-.' Meat" Generally—There- is a I'poorer. demand for all grades of meat "on account of high prices. The market is aifected by shortage of money on the port of the general public. . ';' •.- ■•'- : .->.■' -■'--. Mutton.—Tho price of * mutton, 'lias '-"-aovaue'ed on account'of,the demand for meat, ■no cheap as yossible. Canterbury mutton, '55-Sd.,per lb. for light weight; .North Is- • land,-;5Jd.; ewes, 51-16 d- .-■"■- -■■ •' Lamb;.—High prices are restricting busi-jiess-in the market. -.Canterbury twos,. 6Jd. per lb.; heavy-weight.'fours, 63-Sd.:-other than' Canterbury,; teßa'.".;'-' .'.'"."'. Besf.*-Tho market remains Arm partly , . owing: to purchases for'tlie''Government. New j:Zealand hinds, 7d., per lb.; . fores, 5 hinds, 65d.;-fores, 14,«C0 quarters were shipped last ..week from tho Argentine. ■; ' ." Butter.—The market is quiet. Danisn, d f a 'r per cwt.," 124ar"ti>' '130s'.'; (Siberian,, slow, life, to 120b.; Australian, pneesrare nominal, 118s. to 1225.; Irish creamery, slow, 114s. to 1225.; Now Zealand,.a small supply, 1245. to 15Cs, Cheese.—The market is-very firm. Cauadi.in.l.firm, white and coloured, per cwt. 745. i0,J165.; New Zealand.offerings aro very smaltf'whito and coloured, 7Cs.' to 745.; Canadian chcose stocks on September 1 at Lon-don-Liverpool, and Bristol were 192,050 boseg.against 275.CC0 at the:same time last yeaiv.'ijXcw Zealand cheese, stocks on Sep-tember-1 at London and Bristol were 3600 crates,' against 2800 at tho same time la6t' year. Grain.—Tho wheat market is •firm, with ■ • an-lrpurard tendency. Australian, <j6s., c.i.f. inflow. 355„ ex store; Government ia baying- oats, for which market is quiet, , but no reduction in. prices.. Gartens, 32s■.' e " w°l e - . 1116 market for' peas'is quiet; emaltbusmess doing. Kew Zealand peas (Partridge per 5041b./ -525. ;* New -Zealand pras'(blue) per 5C41b., 625. The market for boans'is weak and inactive. Now Zealand beans f.r.q. taew ctod) per £041b., 375. Hcmp.-Tho market is unsottled. Quotations, arc nominally unchanged. Inquiries- are now being made for two oi second, grade quality at £14 per ton for spot;- July to September, £13 10=. Vvool.-Tho market remains firm for all pades. of medium .and-coarse crossbreds but shows signs of weakness for, merinos •and all grades ot fine crossbrods. The currau. -Bradford quotations for Topi? are — 36s low crossbreds, IEJd. per lb.; -iO's low crossbreds, 153 d. per lb.; 44's medium crossbreds 46d, per lb.j'HTg hflllbreds, 19S<!. per 6s JMi'terbrrff), "23»d. per.lb.; ffl's mer:r.:6, Z9Jd. per lb.

WHEAT AND FLOUR.'- - By Telcgraph-Prees Association-Copyright : • ; (Ecc. September 7, 9.15 p.m.) '■ w " ~ . „ Sydney, September 7. ■ Wheat is very firm and ss. to ss. 3d. per bushel is freely offered, but there are no sellers.. Flour ha? advanced 205.. and is now Quoted at £11 10s.. per ton. . HIDES, LEATHER AND TALLOW. ■ „./-- „„-, , London, September 5. , Hides.-1 ho sales are neglected. Quecnslanils are eclliiiK at 73d. to Bid..per pound; Nov South Wales, ?Vd. to Bd. ■ - Leather.-There is a good demand for all i 1 m-£' v l M er 'x- H ? av y, Australian realises l--.il. .to lojd. For basils there is but little Inri-vn-y. First quality Sydney, lines' are ' 55 i?J , % to 17d " and Scv Zealn-nds, at ad. to ild. - m^!i°?- _1 I !l ?, re is SS ly moderate de-piand-for tallowa. Fins'mutton, is bringing »ss. *i per cwt.. and medium SSe.; fine oeets 325. 9d., and medium 31s. • CHAIN AND FLOUR. Wheat.—There has boon, a further shart, advance jn the price of wheat -in the Mates,-loading English sollor« to increase their.-demands by Is. to Is. 6d. per-quar-ter. Western- Australian cargoes now nearly due, ore held for ttc. 6d.; anil other Australian cargoes afloat are ciuoted at <!Ss Cargoes afloat.—Wheat and flour cargoes afloav total 2.390.CC0 quarters for theTjnit£d Kingdom. For the Continent-, 1,530,000. united States and Canadian shipment* tn. tal 1.088,000. and Indian 32.0C0. - Wheat yield for current season.—"Bradstreets Circular" cstimateo tho world's wheatyyicld for 1914-15 season, including tho Indian harvest 0f...-.last Mav -a? 435.0C0.000. quarters. "■-- - ,■-..' Tho' visible' supply of 'American wheat and flour east of tho Kooky Mountains j e estimated at the equivalent of 46,561.000 bushels. .... '-Tool—lt in reported that eome 7000 to 80CO bales of slipe, medium to coarse.crossbred, :have changed hands privately at id per lb. above the. July rates.. The' July London rates for.stiped Aus-tralasian-wool ranged from 9Jd. to IOJd for inferior, IOJd. to Is. Id. far, coarse, is. Hi. to Is.. 3d. for good medium, and Is. 3}d. to le>. 6Jd:-for best parcels of liner sorts. " .-•■-■ /■FJIOZE.N.MEAT... ....... ...... ...London, September 5. Tlio lnoorpftrated-Roeiety of Meat Importers' Smithfield. market quotations for the midcrmentie-wyl- classes of. frozen- meat are based- on actual sales of not less than one h'HTidrcd odrta'ssc's! '.of mutton or lamb, or twenty-five quarters of- beef of fair average quality.' - The'-quotations are not for

selected lines, but- for- parcels fairly representative of the bulk of the shipments now on tho market. The prices which follow ate ,on-.-the.3.verago a farthing per lb. more than tho values ex ship, this differonce representing the avraag cost »in expense, handling, conveyance, and selling tho moat:— .

;_Mutton.-Oantorbury, light, 5Jd: per lb.; Oantorbury, medium to heavy, 5 3-Sd.: Southland, 53-Sd.; North Island, Sid. and ;best brands 53-Bd.; ewes, 51-16 d.; Austrac?h -withers, SW-: Kivcr Plato, light, 53-Bd. : heavy, 51-Bd. ■_ Beef —Australasian, forcqua-TtcTS, sJ<l,; hinds, 67-Bd.; Uruguay, frozen lorea, 5Jd.; .hinds, 63-8(1. . Rabbits.—The market is easier, owing to heavy, arrivals.