COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2338, 21 December 1914, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAHEC. ' In the investment market on Saturday there were, sales of Bank of New Zealand , (old) at £9 18s. 6d.;Union Bank at £53, anil Westport' Coal at 30s. The quotations wero as. follow:—

Customs duty collected at the port of Wellington yesterday amounted to £1202 6s. lid. WOOL ■ AND HIDES SALE. * The New Zealand' Loan and Mercantile Agency Company, Limited, Wellington, reports as folows on their wool, 6heepskin, hide, and tallow sale, held on Friday:— A large catalogue of bag wool, sheepskins, etc., was to-day to an average attendance of buyers. There was excellent competition for all good lots of skins and hides at an advance of from id. to $d. per lb. Short-woolled skins and damaged hides and calfskins were well, sold at about last sale's rates. The following range of priccs was Sheepskins—Half-bred, 9sd. to 93d.; fine crossbred, ,82d. to 92d.; medium' coarse crossbred, Bid, to 9l<3.short to half wools, sd. to 7d.; dead and damaged crossbred, sd. to 73d.; inferior.and badly damaged, ?4d. to 6id.; lambs, 6d. to Bid.; damp, salted, and green, ss. to 6s. 6d.; peltG, 16. lOd. to 2s. 4d.; lambs salted, 2s. 7d. to 3s. 4d. IJides—Ox, heavy, 601b. up; 92d. to 9Jd-; ox, medium, 50-53 , 9Jd. to 9 3-Bd.; ox, light, 49 and under, 9A<l. to 9Jd.; cow, heavy, 55lb\ and over,i9:2-8d;; cow, medium, 42 to 54.1b, 9 9 3-Bd.; cow, light, under . 421b., 9d. to 9id.; cut, slippy and inferior, 4d. to BJd.; bull stag, 4d. to 7d.; yearlings, 9d. to 10 3-Bd.; calf, superior, 12d. to 13fid.; 1 calf, medium good, lOd. to llid.; calf, damaged, sd. to lid. Tallow—ln casks, 17s. 6d.' to 19s. 6d.; in tins, 10s. to 19s. 6d. Sundries—Horsehair, Is. lOd. to 16. 10$ d.; cow tails, Is. Bd.

Messrs. W. and G. Turnbull and Co., Ltd., report on their fortnightly eale of eheepokins, hides, etc.,' yesterday, as follows:— ■There was a good attendance of buyers, and competition was exceedingly keen throughout the sale. Prices for good .combing skins showed an advance of id. per lb.', and hides ail advance of 3d. to 3-Bd. per lb. SHEEPSKINS. The Bank of New Zealand has received the foUowing cable advice from its London office, date December 18:—"Prices for fine and medium crossbred sheepskins are 5 per cent, cheaper, while coaree crossbred skins aro 5 per cent, dearer." LONDON WOOL SALES. Messrs. Dalgety and Company, Ltd., have received the following information from their London office, under, date of December 16:—"Tho wool eales have closed with merinos weak and crossbretfs firm, but it seems tjiat top prices have been reached. Prices were lower for good greasy merinos by, 10 per cent., and for scourcd and greasy medium quality. 15 per cent, to 20 per cent., and inferior and faulty 20 per cent, to 25 per cent. Goo'd quality scoured shows a decline of 15 per cent., short faulty'merinos were not wanted. For greasy crossbreds any change was in favour of buyers, and for scoured and slipes in favour of sellers." . FROZEN MEAT MARKET. By Teleeraoh—Press Association—Copyright ■ (Rec. December 20, 5.5 p.m.) i London, December 19. The '.Incorporated Society of Heat Importers' Smithfleld . mfliket quotations for the undermentioned classes of frozen meat are based on actual sales of not lees than on.o Inirdrod carcasses of mutton or lamb, or twenty-fivo quarters of. beef, of fair ayerago quality. The quotations are not for. selected lines, but for parcels fairly representative of the bulk of the shipments now on the market. .The prices which follow aro on the average a farthing per lb. more .than tho. values ex ship, this difference representing the avcrago cost in - expense, handling, conveyance, and selling of the meat:— Mutton— d. Canterbury, light 55 ' Canterbury, medium ' 51 Canterbury, heavy 5J Southland ..-."none offering North ■ Island- 5J JT.Z. ewes none offering Australian., light 5J . Australian, heavy 51-16 Australian ewes 4 5-16 P.iver Plate, light : 53-8 River Plate, heavy 5 3-16 Beef— ■

New Zealand fores ; 53 New. Zealand hinds 63-8 Argentine chilled hinds 7 3-8 Uruguay chilled hinds 7J Other- meats are unchanged. There aTe no lambs offering.

: RABBITS AND HAKES. Babbits are selling well. New South. Wales blues, ex-store, about 19s. 9d. Steamera are now discharging 26, CM crates, but delivery is very slow. Australian and New Zealand hares are flat. , METAL MARKETS. London, December 18. Lead—lmports, 20.485 tons; Australian, 1698 tons; exports, 2810 tons. Tin—On the spot, £147 to 147 10s.: three months, £145 15s. to' £146 sb. Silver.—Bar silver is quoted a) 22gd. per ounce standard. BUTTER. (Rce. December 20, 5.5 p.m.) Sydney, December 20. Butter will be advanced 4s. per cwt. to-morrow, and the prices will be selected' brands 1125., secondary 102s. to 104s.

Buyers. - Sellers. £ s.d. £ fi.d National Bank 5 5 0 — Hank N.S.W - 42 0 0 Bank N.Z. (new) 15 5 0 . — N.Z. and It, Plate 1 19 0 2 0 0 Wn. Trust, Loan, Ltd. ... 7 7 6 — Auckland Gas 18 0 — Ohcli. Gae (£5) 7 6.0 Na.pier Gas (£5) 8 2 6 — Wn. Gas (£10) 16 2 6 *Wn. Gas (pref.) 0 19 6 — Went T'xnori (£2 12fl. 6d.) 2 14 0 — TTnion Stoam (pref.) 0 19 9 • — Mosgi-el Woollen 3 16 6 — Westport-Stockton — 0 4 9 Leyland O'Brien 110 — Tarineamutu — 2 3-0 N.Z. Drug 2 2 fi Sharland (ord.) 10 6 — Sharland :(pref.) .1 0 6 — WaTd and Co 5 2 0 — • 'Ex di-y. .