COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2356, 12 January 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAKES. The Stock Exchange resumed business yesterday after the Christmas holidays There were no transactions recorded, but brokers were able to make a fine showing with their buying orders. The quotations were as under:— Buyers. Sellers. »r i- , -« . s - d. £ 6. d National Bank 5 16 — Bank S.Z. (old) 9 17 6 10 0 0 Union Bank .. 63 10 0 - Equitable Building 9 5 0 — *N.Z. and K. Plate 1 18 0 — Wn. Trust, Loan, Ltd. ...7 7 b - Ohristohu,rch Gas (£5) ... 7 7 0 - Wn. Gas (£10) t( : ( ._ Wn. Gas (pref.) o 19 6 . ~ South British 4 5 0 — Christchurch Meat - 16 10 0 ♦Union Steam (ord.) log- - union Steam (pref.) 0 19 9 — Westport Coal 1 10 3 — Westport-Stockton 0 4 0 — Taringamutu _ 2 3 0 Manning and Co 4 2 0 — N.Z. Drug ..; .'. 2 3 0 — Sharland (ord.) .... . _ 120 Sharland (pref.) .".'.'.'. - 1 2 0 Ward and Co. ..:.......„...... 5 2 0 L •Ex div. . HIGH COMMISSIONER'S MARKET REPORT. The' Department, of Agriculture, Industries, and Commerce has received the following cablegram from tho High Commissioner for New -Zealand, dated London. January 9. unless otherwise specified, are average market prices on spot):— . """ici, Mutton.—A fair demand continues. Tho market is firm, notwithstanding large receipts, on account of the delay in di* charging and on account of the difficulty iE s^ngs'labour.'• Canterbury, s»d. per lb.; North Island; 5.7-l€d.; ewes, 5 3-16 d Lamb.-The market is steady, and a fair ™? n n, ss d ?i DE ' Canterbury, two's, 6»d. per lb.; other than Canterbury, 6 3-Bd. Very few of this season's lambs to hand and are selling slowly at 7d. Bcef.-There is a fair demand for better grades and a limited demand for poorer grades. The market is firmer on account of purohases for the Government. New S a hinds 6 5-16 d. per lb. ; fores. 53d! lb.- fores' 53d SUPPy: ninds ' 7idl Je * ™. u i' f ? r -i Tllc mar I ket is flrm with an upward tendency. A. good demand tor colo2 an , isll ' " uiet . IMS. to 154s per cwt.; New Zealand. 138s. to KOs • Aus tralian. 134s to 1385.: Siberian firm, a* good Cheeee.T-The market is steady, and'prices well maintained. Canadian, white and coloured, firm, quiet. 78s. to 79s per C wt. • «r^ Z 77 Jand T.'^ h{ t?- and coloured, firm. 765. to 77?. Estimated stocks of Canadian &*i? ? a ?^ y *• 1 . 60 ' MO boxes agaiS 223,000 at tho. same time last year. New Zealand cheese stocks, January 1. i« 000 ' orates, against 7000 at the same time lost year. >„,» p - - £ ho , m^ rket '« ra *ner more active' for New Zealand on account of the small supply on hand. Spot, New ZmWI January-March shipment, New Zealand good, fair grade, £25 10s. ; fair grade" £23 10s.; fair current Manila, £28. Quotations are nominal. The output from JS tol tb= week was 29,000 bales. lor Wool.-The market is firmer for croseb mT, S ;«f nd m, I,nchan ,^ d {or merinos. S priv h eft72nd mar ' tCt ,S •«r--*'tt im&m? e i market % « uiet ' bnt •«">>• • and % fJ U T s -A °- BI "<"<™"- Sons, qn ° tetion January CHRISTCHTJROTT WOOL SALES. (By Telegraph.—Press Association.) „. ~. , Chrlstchurch, January 11 The third wool sale of this season's series was held to-day, when 25,101 bales were offered, being the second largest sale held m this centre 27,000 bales bein? sub ™£n ai «S.™ of the , sa,es in the MlWi W»°£- Therc wo f, a lar '& e attendance of &"' rc P res «tatives of Bradford firms being most prominent in bidding, thouzh a fair amount of business was done by local buyers. There was not as good a proportion 0 bright, clean clips l 5 ° the December sale, most of the larger cli D « haying come oil higher. couniryT T& was not the same keen demand for halfbred woo] as at the two previous sales and even allowing something for the con vilZofM 6 wo °U here wa! a dedfno'ta values of id. to 3d. per lb., and during the forenoon no clip reached 14d., the and 13Jd for Comedale. Crossbred wools %rtZlfu£ *"»} wlth E ?° d competition! anH medium wools maintained values wel Though? fift* 1 " 1 ,? 1 S sTe l though the better sorts were at eomcahTv 6r "I' 003 ' # ey al *> «oH «ma?k. ably well. A small quant ty of merino wool again met with a dull sale! There was a. larger proportion of halfbred wool passed than at the previous sale m*ny the Ve r mh D e r r C S,e?- mPar<!tl *<>"« Doc. 12. Jan. 11. temT^nierW-" 10 " 3 ' ' ? « to «» Medium halfbred 11 to 51 0* to 15 Inferior halfbred 8 to 103 M to In Super Corriedale 121 to 14 1? % i Medium and inferior J Sup^hreeVquar'tor:- 10510125 9 to u » Med^thre^uartor 1210145 " t0 l " . bred 10 to 115 93 t„ 103 Inferior three-quarter- ' * ' B bred ' 73 to 93 71 to 0J Riwr crossbred lUtol.V 11 to im Medium crossbred ... 93 to 11 ■ 9} t,n 103 Tafermr crossbred ... 7« to 91 i\ to 91 Loni; wool 73 to 10', 10 to 103 Down wool 9i to wj :_. f„ ,„ Wcrlno nieces 73 to 10 63 to 91 First h-ilfh-nd nicocs 10) to 10J m to 1?3 Second halfbred pieces 7 to 10 - 7* to in OroKsbrcd pieces 53 |o m 6 i to ' R Locks and crntchiiigs 4* to 9» 45 to 73 Halflireds reached tljd.. siipcr "j-hrcd 123 d super crossbred 12d., Down wool Hid to !3!d.: second '.-bred nieces 6d. to lOrt" iugf^tp'^T 5 SJIIO ■''■• lodts &cnit '* : HIDES AND LEATHER. The Incorporated Society of Meat Imm, , London, Jo,nun.Ty 10. The hides sales were firm. H ce t Aii« tralian. heavy. 9 l-16d. to 9 7-16 d 1 iUaiy. First, Australians. i6d. to Hid. 1 New Zealand, M [JO al&i - .. ». ».

FROZEN MEAT. _, , r. „,.„ ~ • l - ana <"ii January 10. porters Smlthfleld market quotations for the undermentioned classes of frozen moat are based on actual Bales of not less than on© hundred carcasses of inntton or lamb, or twenty-five quarters of beef, of fail average quality. The quotations are not for selected lines, but for parcels fairly representative of the bulk of the shipments now on the market. Tho prk-e6 which follow aro on the average a farthing per lb. more than the values 01 6hlp, this- difference representing the average cost in expense, handling, conveyance, and selling of the meat:— New' Zealand Store Shcop.-North leland, 5 3-Bd.; New Zealand ewes. 5 3-16 d. New Zealand Lambs.—Second quality, Canterbury, 6 7-16 d. New' Zealand Beef.—Hinds, 6 5-16 d. South American. Bhcep.—Heavy, 5Jd. South American lambs.—Light, 6M • heavy, 6ld. Argentine Becf.-Ohilled, force, 52d.; hinds. 7Jd. Uruguay Beef.—None offering. Prices for other meats unchanged. • RABBITS. Market firm and prices unchanged. HARES. Market dull at 16s. per crate. WHEAT AND FLOUR. London, January 10. The wheat market in firm, but quiet. The wheat and flour afloat for the United Kingdom totals 2,330,000 quarters; for the Continent, 2,035,000 quarters; Atr lan tic shipments, 1,015,000; Pacific 101,000. Tho shipments to Europe - during' the week amounted to 1,480,000 quarters including «,Oio from Indie, oad 5000 from the Argentine. Customs duty collected at the port, of Wellington yesterday amounted to £1509 ie. 6d. . ..