COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2275, 8 October 1914, Page 8

COMMERCIAL ITEMS

INVESTMENT ■ SHARES. There were no transactions in investment stages yesterday. The auotations were as follow:—. Buyers. Sellers.' £s. d. £ e.-i: National Bank - 5 4 0 Union Bank : 51 0 0 53 0 0 flhristclmrch Meat 15 0 0 — Gear (£4) .....' - . 14 7 6 Bear (£1) - 312 6 Mi»i-t-Esi>nrt (.£2 IBs 6d.) - 216 0 Union Steam (ord.) 12 0 1 2 6 Uyland-O'Brien 1.1,'0 — . Ward and Go - 5 10 BATES OP EXCHANGE. . The banks trading in New Zealand have, fixed the following rates of exchange as on and from October 7:— ■ Buying Bate. . Demand, 15s. diecount. • ' 30 days, 225. 6d.. discount. 60 days, 3C6. discount. 90 days, 405., discount. 120 days, 50s. discount. i SottinE l!at«3. Bemoiid, 20s. premium. 30 days, 12s. od. premium. 60 days. ss. premium. ■ ' FROZEN MEAT. Messrs .Gilbert Anderson and 00. (Mess To. Mollsop, Eliott, and Co., local agents), writing on the frozen meat, market under date London, August 14, report ae follows:— Following the declaration, of war by Great Britain, <in immediate rise took place in all claeses of meat. A strong denmnd eet ii for frozen beef for Army and Navy, . provisioning, and for mutton on a smaller scale. In the course of a few days, howetver, a reaction ect in, and there ia now. o, decided weakness in lambs, while- mutton and beef are also lower. Some Grown.—Considerable quantities reach us from Ireland, but interruption in , the railway service and delays cause the meat to arrive in poor condition. Beef: Scotch sides, 6id.-7d.; English, 6Jd.-7d. Mutton: Scotch, Bd.-9d.; English, 73d.-8»d.; Irish, Bd.-BJd.; Dutch, 61d.-Bd.; ewes, 6Jd.-7d. Tegs': Scotch and English, BJd.-9}d. Lambe: Scotch and English, Bd.-9d.; Irish, 6d.-8{4.; Scotch HiU lambs, 7Jd.-Bid. Pork, 6}d.-BJd.; voal, 7Jd--9d. ■ . • • Frozen Lamb. Canterbury, under 56, 63d.; 56 to 42, 6id.; 42 to 60, 6Jd.; eelccted New Zealand, 28 to VI, 6Jd,; ordinary, 6. J-Bd.; Southland, 6}d.; South American, 28 to 36, 61d.4 36 to '42, 63d.

Frozen Mutton: Canterbury, 48 to 56, 56 to '64, 64 to "n, 5d.; Southland, and North Island, 56 to 64, sd.j ewes, 4Jd.; Australian wethers, 40 -to 60, 4 5-Bd.; second quality, 55 to 55, 4 5-8tI.; ewes, 4Jd.; South American) wethers. 40 to 55, sd/; 56 to 72, 43d. ■ Beef: Now Zealand, Australian, and Attccntine.' fores, 5Jd. • hinds, 63d.; Uruguay foros, 5d.; hinds, 6Jd.; Argentine chilled fores, 4 S-Bd.; hinds, 53d.