COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2300, 6 November 1914, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. In tho investment market yesterday thero were sales of Bank of New Zealand (£6 13s. 65., and Wellington Gas £10) at £16 26, 6d.' The quotations were as follow:— Buyers. Sellers. £ s. d. £ e. d. National Bank — •. .5 3 0 Bank N.Z. (£5 6s. f1d.)... 10 0 0 — Bank N.Z. (£6 13s. 4d.) ... 15 5 0 ; tf.Z. and River Plate... 119 0 — (Visborne Gas 118 0 *— . Union Steam (pref.) 10 0 - .WestDort- 111 6 — . ARGENTINE SHIPMENTS. The Department of Agriculture, Industries,, a-nd. Commerce lias received tho following cablegram from Buenos Ayres, dated November 4:—Tho following shipments of produce were dispatched from tno Argentine to the United Kingdom durOctober, 1914 (compared with October, ■P 1913. Frozen beef, quarters 269,000 ' 74,000 Chilled beef, quarters 210,000 303,CC0 Frozen mutton, carcasses 195,000 166,000 Frozen lamb, , carcasses... 67,000 ' 33,000' Butter,- owts.' ; . 4,364 * -• 2,355 duty collected at the port of' Wellington yesterday amounted to £1623 13s. 6d. . • HIGH COMMISSIONER'S REPORT. | The' Department of Agriculture, Industries, and Commerce hols received the fol- • lowing cablegram from tho High Comissioner for New Zealand, dated London, November 3, in regard to the bacon market:— . -Bacon.—The. market was greatly affected by tho declaration of war. It advanced suddenly-205., in anticipation of the stopof Banish supplies. ' Quotations : at the. beginning of August:—lrish, Danish, Dutch, and Canadian bacon, 95a. to ICCs. per cwt.r American hams, 80s. to • 905. ? per*, cwt. '• Prices have declined as -a result of heavy arrivals, especially during, last month. Irislt bacon, 68s. to''74s.'per cwt.: Danish bacon, ,645., to--695. per cwt.; Canadian bacon, 625. to 665. per.ov»t.f Swedish, bacon, 635. to C6s. per cwt.; English, hams, 98s. to 112s. per cwt.: Irish hams, 84s. to 100 Si per owfc.;-Canadian hams,'7os. to 745. per .cwt.; American liams, 68s. to 70s. per cwt. - . t ' . . LONDON "WOOL SALES. .HIGH/COMMISSIONER'S GABLED / REPORT. The Department of Agriculture, Indus-tries,-and Commerce has received the following cablegram from the High Commissioner for New- Zealand, dated London Noveber 3, regarding the opening of the colonial wool sales:—The wool 6alee have commenced. There is great competition against some manufacturers for all'classes, except for inferior merinos, which have declined $d. per lb.- Prices for other merinos have advanced id. per lb.. All crossbreds have, on the average, advanced Id. per lb. on closing; rates at last sales.

Messrs. W. and 6. Turnbull, bompany, Ltd., have received the following cabled information from their London agents -under date of November - 3:—"Greasy. crossbreds advanced 10 per cent., slices 5-per cent." . Messrs. Dalgety and Company, Ltd., have received the following cablegram from their London office, linder.date November 3:—"At the wool sales there was a fair selection. The Attendance of buyers was large, and competition animated for good shafty free wools.. Good combing merinos 'were from par to 5 per cent, dearer. • Other descriptions of merinos were unchanged,' except creasy. short faulty, which were 5 , per cent., lower, and .scoured ditto 10 per cent, lower, J these descriptions being neglected; Greasy crossbreds were 10 per cent, higher. Scoured .and slipe 5 per cent, higher than the, closing rates of. last, sales/' . Messrs. Murray, Eoberts and Co., Ltd;, have received a cablegram from their London '■■ friends,' 'Messrs. , Sanderson, ..Murray and. 00., dated' November 4, as follows:—"Merino greasy inferior, par to 5 per cent lower: scoured, inferior and faulty, 10 per. cent., lower." BRISBANE WOOL BALB. By, Telegraph.—Press Association—Copyright ; 1 ! Brisbane, November S. At the wool sales there was strong competition. - OrossbTeds realised extreme -prices. For faulty and. heavy' wools there was limited demand a.t lower rates. ... ATJSTEALIAN PEODTJOE MAEKETB. . (Eec. November: 5,-10.40 p.m.) 1 Sydney, November 5. Oats—Tasmanian, 3s 9d. to 3s. 10d.; Algerian, 3a. Id. to'3s.' 9d. ; barley, Cape feeding, 3s. 6d.;-English, 3s. 9d.; jnaizc, prime, :45.. to- 4s. 3d.;/potatoes,' Tasmaiuan,. £7; New Zealand Up-to-dates, £4 10s. .to .£5; onions, Victorian,'- £9; American, £12; butter, selected,'lol6. j secondary,-. 945. to 965.; cheese, 6d. to. 6Jd.; bacon, 9d.' ' ; ~ Adelaide, November 5. , Wheat,-4s. .114; to'ss.; flour, £10 10s. to' £11; bran and pollard, £8 2s. 6d.

MELBOUENE HIDE SALES. (Reo. November,s,.lo.4o p.m.) , . Melbourne, November 5. \ At tho hides . solo > there were moderate supplies.-iWell-got-up lines were jd. dearer, others were. Arm. V - : METAL PRICES.. '; ". • (Eec. November 5, 8.50 p.m.) ~ ' London, November 4. Tlie.-Metal Exchange has fixed the average prices ; for October as follow:—Lead, £17 9s. lOd. per. ton; spelter, £23 13s. 6d. ' Exports ■ from the several port's -of -New Zealand during.the quarter ended September 30, 1914, wore of a, total value of £2,763,565,.a5:again5t'£3,579,314 for this corresponding quarter ill 1913, The figures for Wellington were £473,241 and £593,979 respectively., TALLOW. .' ; London, November 4. 'At the tallow saJes 602 casks were offered and sold; Prices realised: Mutton, fine, 365.' 6d.; medium'; 315.. 3d. Beef, fine, 355. 3d;; medium,. 295.,'

New Zealand Loan- and Mercantile Agency Company, Ltd.. have received tie following cablegram from their London house,,-under date November 4:—Tallow has advanced Is. per cwt. . MINING NEWS WELLINGTON SHAKE MARKET. . The sales recorded in the mining market yosterday were: Murray Oreelt (new) at lis. premium, and Talisman at 275. : 6d. lie quotations were as follow- - - . Buyers. .Sellers. ■ . . £ s. d. £ s. d. Murray . Greek (old) 110- 0 — . "Murray Greek (new).. 0 10 0 —V Boss 0 0 10 — Talisman •. t ; 17 3 ' Waihi — 114'3 Grand Junction • 14 0 STOCK EXCHANGE. (By Telegraph.—Press Association.) Auckland, November 5. ' Sales i-Talisman, 275. 3d.; -Waihi, 3SS.; Auckland Gas, 27a. 9d. _ „ , 1 Dunedln, November 5. The following 6ile was made on the Stook Eichanee to-day:—TJnion Steam, £1 Is. 6d. ' FOOT AND MOUTH DISEASE CHICAGO YARDS CLOSED.

Br Ttfwrajh—Press Afbocißtion-Coryriel I , : Now York, November 2. V; As-;a 'precaution'' against''' foot-and-mouth disea'«6 ; i.witli which Southern Michigan and ; ■Northern Indiana ■ are affected the':Uiiion Stock Yards: at Chicago, the largest, in the world, liaye been closed. . This means the practical, cessation of the meat-packing business. .