COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2353, 8 January 1915, Page 8

COMMERCIAL ITEMS

. ELTHAM BOX 00. Visiting Wellington at the present tijne Is Mr. J. Marks, managing director of the Kith am Box Company ana the Manfjatoki Butter Factory. Mr. Marks supplied a reporter with particulars of what is probably a unique industry. A few years ago the dairy farmers of Taranaki found that they could never be Quite certain of a steady, even supply of butter doicb and cheese crates from the then suppliers, po tho co-operative dairy factory companies of the district' conferred and decided to establish their own box-making factory, and a company with a nominal capital ox £100,000 (£40,000 of which ifl paid MP) Wft3 formed to initiate the industry. To-day tho company has a large factory fitted with the most up-to-date plant at Onutu, one at. Eltham (where, the office of the company is located), and another at Kakahi, south of Taumarunui,. where at present is being built a, Government standard gauge railway into a 22,000-aore. block of bush, fairly furnished with well-grown white pine. Some idea, can be gained of the magnitude of the factory at _Onutu when it is mentioned that it rovers naif en acre of land. Altogether, about half a million boxe6 and crates are tumccl out enioh year, and the wages bill for the'current year will amount approximately to £25,000. : The share interest in the Box Company of each dairy factory company is adjusted on a pro rata basis, according to Its output or, to put it another way, accrrdng to the demand it makes for the products of the Box Company. , • Customs duty collected at- the port of Wellington yesterday amounted to £3783 18s. lid. NEW PLYMOUTH TRADE. (By Telegraph.—Pfess Association.) New Plymouth, January s?. Imports and exports at the port of New Plymouth last year totalled 108,270 tons, as compared with 92,467 tons in 1913, an increase of about 17 per cent. ,- The Paparoa Goal Mining Company s output of Paparoa coal for twelve months ended December 31, 1914, amounted to 50,341 tons, as compared with 29,284 tons for 1913, an Increase of 20,957 tons. fITOOK EXCHANGE. Dunedin, January 7. The local Stock Exchange reopened quietly to-day, with . most stooks fairly firm. WaJhis were wanted at 375. 6d., but there were no sellers under 395., while inquiry was made for Junctions at 23b. 6d„ sellers declining business under 245, 6d. National Banks were wanted at ICOs., ex div., and National Insurances were in demand at 475., and South British, at 85s. Bank of New Zealand were not quoted. The state of the London market will be observed with keen 'interest. ! The following Bale was made on the Stock Exchange to-day Westport Cool, £1 10a. 6d. LONDON STOCK EXCHANGE. By Telegraph—Press Association—Copyright London, Jarraaxy 6. Stock and share market quotations inoladeßlook, - 225.: 6d. and 255.; Mount Elliott, 675. 6d. and 70s. WHEAT. London, January 6. The .wheat market is quiet, but firm. Sixpence advance is asked, but there are few bids above those of Tuesday. LINSEED' OIL AND TURPS. Linseed oil, £24 5d.. Turpentine, 36e. TALLOW' MARKET. The New Zealand Loan and Mereantils Agenov Company, Limtted, have received the fallowing cablegram from their London house, under date January 6:—Tallow i We quote present spot values for the following descriptions Good mutton, £1 16s. 3d. per cwt.; good beef, £1 13s. 3d. per cwt.) mixed, £1 10s. per' cwt. The market is firm. ■ BALES. London, January 6. At the tallow sales, 1841 casks were offered, and 1700 sold. Prices realised: Mutton, fine, 385.'3d.; medium, 325. fid.: beef, fine, c&.; medium, 31s. New Zealand ' Loan and Mercantile Agency Company, Limited, has received tho following cablegram from its London lioueo, under date January 6:—"Tallow: We quote present spot values for: the following descriptions—Good mutton, £1 - 16s. Jd. per cwt.; good beef, £1 13s. 3d. per owt.; mixed 1 , £1 10s. per cwt. The market is firm." METAi MARKETS. London, January 6. Copper.—On the spot, £59 ss. (o £59 10s.; three months, £59 10s. to £59 15s. Electrolytic, £61 10s. to- £62. Tin-On the spot, £152 to £152 10s.; three months, £145 10b. to £146. Lead, £19. ■ | Spelter,. £28 ss. to £28 10s." • I Bar silver is quoted at 22 1 11-16 d. per ounce standard. MELBOURNE HIDE SALE. . By Telegraph—Press. Association^OoiiyrieM (Kec. January 7, 10.10 p.m.) Melbourne, January 7. , At the sales hides were m bare supply; there was keen competition* and prices were a farthing higher. AUSTRALIAN PRODUCE MARKETS. (Rec. January 7, 10.10 p.m.) Sydney, January 7. Oats, Tasmanian, 4b. 3d. to is: 6d.; Algerian, 4s. 2d.; New Zealand, 4s. 3d. to 4s 4d.; barley, Oape feed, 4s. 6d.; English, 4s. Sd.; maize, 55.; potatoes, £8 10s. lo £9; locals, £3 to £8; onions, Vlotorlon, £13; looals, £11; butter, selected, UZs.; secondary, 104s, to 106; cheese 6d.; bacon, 9d. Adelaide, January 7. i Wheat, 6a. 9d.; flour, £14; bran, £11 55.; polalrd, £11 10s. ■ . •