COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2303, 10 November 1914, Page 8

COMMERCIAL ITEMS

. INVESTMENT SHAKES. There .'were no transactions in> investtnent shares yesterday. The .Quotations >p?ere as follow:— Buyers. Sellers. . £ s. d. £ s. d. Bank N:Z.: (£3 6s. Bd.) ..... 10 0 0 10 4 0 Bank N.Z. (£6 13s. 4d.) 15 5- 0, - N.Z. and, River Plate 1 19 0 . . 2 0 0. GisborneGas 118 0. _ — • Golden Bay Cement — 10 0 N.Z. Drag - 230 - Customs -duty, .collected at ■the'port of Wellington yestefday amounted to £3522 ; .lis. ffllGH' COMMISSIONER'S CABLED MARKET , report. 1 The Department of Agriculture, Industries arid Commerce has received the fol- ■ lowing cablegram from the High Commissioner ■ for. New Zealand, dated London, - November 7. . (Note: Quotations, unless otherwise' specified, are average market •prices on-spot):— ■ Mutton.—The market is quiet, but moderate business doing. Prices are firm owing to short supply. Canterbury, 6d. per lo.; ■North Mend, ojd. per lb. ' lAmb.—The>: market is weaker, though not actually lower. , There Is little demand on .account of high prices. Canter,bury twos, 63d. per lb.; other than. Canterbury, 6 9-16 d. per lb. for light-weight ... Beef.—There is very little doing in the ■ beef trade, with; the exception of Government* contracts. ■ New Zealand hinds, 6}4. per :Ib.; fores, s|d. pcr lb. There Is o . moderate.; supply •of ; chilled beef.- Hinds, 6 l-£d. per. lb.; I'ores, std. per. lb.' •" Butter.. ■ .The market- is firm. Danish, steadier, 1 1325.-to 13E0.; Siberian, slow, l!Ks. -to 1255.'; -Argentine, steady, 12fls. to 1225. ' Cheese.—The market- is steady. Canadian, quiet;'"white' and coloured,-.per cw-t., 755. -to:;76s.'; 'English, steady; 82s. t0"845.; exceptionally, Ssa Stocks of Canadian cheese at London, Liverpool, and Bristol on November 1 were 263,000 boxeß, against 306,0C0 at' the same<time last year. Stooks of New Zealand cheese on November 1 were: nil,against ■ 200 crates' at tie same time . last year. Hemp.—The-market is very depressed and likely to remain so. Some holders are forcing sales, but a poor business- has been done. New Zealand, good-fair, per ton, £22;■fair,: £20 15s.j fair current Manila, £23. • The output from Manila for the week was. 12,000 bales. Wheat.—The market is firmer on account of the declaration of Tjar- with Tux-' . key r: hindering Russian shipments'. Australian, 48a,. c.i.f. ' <-v. . . Oate.—The market is 6trong; all stocks are advancing.. New Zealand Gortons, 31s. ex; store. ' . ■ . ■ < ■ . Beans and Peas.—The. market is firm, Jrith-;: hardening' tendency. ] LONDON WOOL SA'LES. PRICES .HIGHER AT THE CLOSE. • ' ißy Telegraph—Press Association-Copyright •' London, November 6. . Prices for . all 'crossbreds iand sha-fty • oonibings were very. firm. Short, faulty, and carbonising were slow of sale. Prices jrealised:—Mulyie, le. and 10gd.;' Warralong,. Is. and 10 l-Bd;: Sherlock, lid. and ?}d.; Muccan, lid. and lOd. New Zealand: •' Olara, 17id..and 163 d.; Moa Plat, 16d. and '15 3-Bd. v The wool sales have dosed. . There was pood, competition and a full attendance: Prices for shafty merinos were from ,8 to 7J ' per cent.' above the closing prices for October. All crossbreds were from" 10..t0 15 per. cent, higher. Shorter'finelaired combines, suitable for the . Ooiitl. neut, weakenea fully 5 . per cent. Lambs —All fine .scoureds, carbonising sorts, and greasy and crossbreds, declined 15 per cent. „T]i<i Board of Trade has informed the Bradford Cnamber of Commerce that the prohibition on the export of wool will extend at.least till the end of 1914. - The New Zealand Loan and' Mercantile Agency-Company, Ltd., have received the following cablegram from their London house,; under ' date November 7:—Sales clos- ■ ed firm. Mierino steady. Crossbred'greasy, •fine,; 10 ' per cent.'; medium' and coarse 16 . per cent.; scoured and slipe 5 to 74 per cent, higher than. October. ' The Department of Agriculture, Industries and Commerce has received the fol- ' lowing cable message from the High Commissioner . for New Zealand, : dated Londoit, j Norember 7:-The wool - sales have closed. Tho market is firm owing to reduced supplies and in anticipation of irregtuarit.y :of shipments .for .some time. .Manufacturers fear that supplies will be short for future requirements. Prospects ore favourable for a continuance of high pnras. Estimated values :-Kne crossbreds, all grades, Is. -2d. to Is. 4Jd. per lb.; _ooaree crossbreds, all grades, Is. to • is. 3d. per lb.; medium crossbreds, all erodes, is. Id. to Is. 4d. per lb.; superior merinos. Is. Id. to Is. Id. per lb.; medium, m?" J' P F lb ' ; inferior, 7d. to 9d. The wool offered at the present sales did not give a good guide to values of New ■Zealand new olip. -. ... LONDON MARKETS. ' . - .. . ' London, November B.'' American cotton.—Liverpool May-Juno shipment, 4.34 d. por lb. Hemp.—Market tjuiet, and prices unchanged. ■ ■ • Jutc.—November shipment,. £16 .15s. to' £17 per ton. :. ' . «Sl I ' , ot r '"c? aia ' P cr lb.; plantar tion, 2s. 6d.; emoked, 2s. 7id. i£ 2 nf^ 0 e Se " M ootob< ; r - K,!,Tcmh ß^ WHEAT, , , London, November 8. m ' B " firm, and' prices METAL MARKETS..'.. „ , London, November 8. Electrolytic copper, £62 10s. per ton. Tin — Straits, cash, £143 por ton. ' . Aluminium, £81 to £83 uer ton. .. Quicksilver, 2205. to 2245. per bottle. lOs 1 *I'—o°1 '—0° 6pot ' price nominal, £18 Spelter.—Good ordinary brands, to or. live, £24 to £24 10s. • Galvanised iron, first brands, '£17' lCs • second brands, £14 ss. ■ '' Angle steel, 120s. per ton. BOARD OF TBADE RETURNS. London, November 8. Board of Trade returns show that' for the month of Ootober imports .decreased .by £20,170,887, exports by £18,020,884, and reexports by £2,376,287 as compared with October, 1914. •