COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2285, 20 October 1914, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. ■ There wero no transactions in investment sho.re3 yesterday. The quotations wcro Oβ follow:— Buyers. Sellers. £ 9. d. £ e.d. Bank N.Z. (£3 6s. Bd.) .... — • 10 1 0 Hank N.Z. (£6 13s. 4d.) ... 15 2 6 - Union Steam (pref.) 0 19 9 — • West/port 1 10 0 — Loyland-O'Brlen 116 ' - — Sharlaml (ord.) 10 0 — Sharlend (prof.) 10 0 — Kauri Timber (155.) — 019 0 , SUDAN EXPOKTS. Tho following copy of a, cablegram oi October 18, received by the Department or Agriculture. Industries, and Commcrcu from tho Governor-General of the Sudan,' is quoted for general information:—"Owing to the outbreak of war Sudan exporters need new markets for ivory, oetricli feathers, rn.o.p shell, cotton and seed, sesame, carthnute, gum arabic. eenna. I venture tho request that publicity may bo given to tho above statement. Will gladly facilitate inquiries from New Zealand merchants." Customs duty collected α-t the port of Wellington yesterday amounted to £2151105. E<l. LONDON WOOL SALES. Messrs. Murray, Jiobcifs ond Co., Ltd., have received the following cablegram from their London friends, Jlea?rs. Sandereon, Murray and Co., dated October 16:— .'.'Horkot strong. Tops all descriptions elwvr

an advance sinco close of sales. Braclfora quotations: Sixties. 2s. Ed.; forties, le. fijd." SYDNEY WOOI; SALES, By Telegraph-Press Associat.ion-CopyriEht (R«c. October 20, 0.30 a.m.) Sydney, October 19. Tho two-days' Sydney wool sales open, tomorrow, when 12,000 bales will bo. ottered. ■ HIGH COinnSSIONER'S CABLEGRAM , . The Department of Agriculture, Industries, end Commerce has received the following cablegram-from the High Commiß(iioner for New Zealand, dated London, October 17, 1914. (Note: Quotations, unless otherwiao specified, are, average maxKct prices on snot):— i Mutton.-Tlia markot remains firm There is little demand as a result of heavy arrivals of llome-erown and Dutch. Canterbury, sid. per lb.; North Island, 53d.; owes, 5Jd. Lamb.—Tho market is dull, very little business doing. Home-grown i 6 plentiful. Canterbury two's, 6 13-16 d. per lb.; heavyweight, 6 3-Bd.; other than Onnlcioury, 6&1. for light-weight. Beef.—The marKct is not quite so firm «s a result of heavy arrivals of .chilled and Irish. New Zcflland hinds, 6 3-Stl. per lb.; fores; s£d. : chilled Muds. 52d.; fores, 5 3-Ea. Butter.—Ths market de quiet, but firm. Danish, slow, per cwt., 141?. to 14f0.; Siberian, a. fair demand, 120s. to 1245.; Australian, fair inquiry, 1245. to 1285.; Irish, creamery, quiet, 1265. to 1345.; Argentine, eteady, 120s. to lZ<e. ■ i Cheese.—The merket io quiet, but Mrm. Canadian, market quiet, but firm, white and coloured, per cwt., 765. to 775.; English, more inquiry, 765. to £<s. Hemp.—The market continues dull. Manila: Prices have declined. Pair current Manila, per toll, £25. The output from Manila for the week ,iras 20,000 bales/> Kew Zealand: There ; is nothing doinir. Prices are nominal at last quotations. The stock of hemp ami tow at September 30 was l<oo tons. Sisal: The market remains very flat. Present quotations'are equal to £19, c.i.f. London, for fair average quality. Oats.—The market is quiet, but steady. Nominal value for New Zealand Gartons, ife 6d. ex 6tore. <

iiMms.—Tho market ie quiet at last quotation. ■ .

Wheat.—The market is , , firmer, -with t better, tone this week. It is reported 'that Australian, crop prospects are tinfavourable.

Wool.—The market has advanced for merino owing to short supply, and is very firm for crowbreds ■at higher prices. The currant Bradford quotations for tope are: 36's low erossbreds, ; 171d. per lb.; 40's low crossbred?, ISJd. per .lb.: 44's medium crossbred. Wid. per Hi.-, 50's halfbrcds, 24d. .per lb.; v s6'i9 quarterbrcdei, 26(1. .per lb.; 60's merinos, 30d. per lb. , FKOZEJ MEAT JUBKET. By Telegraph—Pree3 Association—Oopyriirht . London, October 13. The Incorporated Society of Heat Importers' Smithfield market quotations for the undermentioned classes of frozen meat are based on actual sales of not less than ono hundred, carcasses of mutton or lamb, or twenty-five quarters ofj be«f, of fair average quality. . Tho quotations are not for selected lines, but for fairly representative of the bulk of the shipments now on the market. Hie prices which follow: are on the'average a farthing per lb. more than the values'ex ship, this difference representing the average cost in expense, handling, conveyance, and eellin? o£ the meat:—'- . New Zealand Lambs.—Canterbury, best, 6 -13.16(1.. ■ • / ■ New Zealand Beef—Fores,. sjd.: hinds 6 3-Bd. Australian cives, sid. Aaistra.li.in Best.—Fores, 5 3-Bd.; hinds, 61d. ■ Argentine Frozen Boef.—Fores, 583.; hinds. 63d.; chilled forts. 5 3-Cd.; chilled hinds 52d. Uruffua-y Frozen Beef.—Fores, sgd.; hinds, 6id. . KABBITS. . . . London, October 18. Babbits.—Tho market i 6 firm, owinsr to the dea-rness of meat, the cessation of Ostend Bhiprnents. and the temporary shortaje of. Australian, owinp; to delay of Gte-iracrs. New South Wales bluca are quoted at 18s. Cd. EUBBEE. . : Para, 2s. M.; plantation, 2s. 3d.; smoked 2s:3id. . COPPER. Best selected, £54 55.; electrolytic, £52 .WHEAT AND.PLOUE. London, October 18. . The wheat market is very firm. Sixpence more is generally α-sltcd: The wheat and flour afloat for the Unifci) Kin;dom totals 2.110,CCfl Quarters: for tht .Continent. 1,405.Ci!3: Atlantic shipmente, 535,600; Pacinc, 32.0C0. aiie total shipments to Europe during the week amomitp.-d to £75.000 qnaTtisra-ArK-cntinc and Donubian nil, Euesian- 20.CC0, Indian 125.C00, and Australasian 40CO. ENGLISH, SCOTTISIT. AND AUSTRALIAN BANK. London, October 18. The report of the English, Soottifh. find Asetrelian Bank shows that the profits for the year were £253.251. Interest on 'perpetual stocks absorbed £97.627, and .€15,000 was placed to reserve, leaving £110,623 for division. A further dividend of 4 per centum was declared, £35,000 placed to reserve, £14,385 apportioned for the cancellstftm of deposits. £SKO added to tho offloere' fund, and £43,083 ra.rricd fonvard. The deposit/?' total £2.G16.515, current accounts £3.041,109, cash investments £2,864,840, bills £1,337,131, advances £6,452,764.