COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2362, 19 January 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. There wore no transactlons'ln Investment phareß yesterday. The quotations were aa follow:— „ „ Buyers. Boilers. £ g. d. £ 6. d | National Bank 5 3 6 — Bank N.Z. (old) 10 0 0 - Bank N.Z. (new) .15 12 6 — Equitable Building '59 ~ Ohnstchurch • Gas (£5) ... 7 9 0 — jreat Export (£2 12s. 6d.) 2 14 0 — Union Steam (ord.) 119 — Union Steam (pref.) 10 3 — Well. Woollen (ord.) 4 7 6 — Westport Coal 1 10 6 — WestportrStookton - 0 4 i 0 WaTd end Co 5 5 0 JAPAN REACHING OUT. The Yokohama Chamber of Commerce Journal of November makes referenco to the sending out of trade emissaries, one of which has already armed in Sydney (vide cable), in an articlo headed Trade Expansion." The article reads as follows: "The Department of Agriculture find Commerce is to send abroad some time this month a party of commercial commissioners to study the condition of markets for Japanese products iu the United States, Canada, Huesia, China, British India, an<L •the Dutch Indies. It i-s hoped (pays tho articlo o.uainMy) that merchants am] manufacturers of responsible standing-will accompany the commissioners \\uth sampler so that they may open connections on the spot. This w a good plan. At least there is something practical in the proposal and that is the host feature of it. For we do not see much use in holding meeting alter meeting to discuss the situation as if that, would brighten up the trade proep'ecle and bring customers. Is or is there more wisdom in growing despondent over faiiing prices of exports and being always in search of accommodation funds. It is far better to go forth and try to' wll goods. War is raging m Knropc. it is true, but other parte of the world arc open to trade. They will not buy of .lopfin unices good? arc shown lo them. Wc hope tho invitation, to accompany tho commcrcial commissioners will be taken, axfrantago of by <ts bon^ mea of catcrprifiQaa

thorn go and see lor themselves what is needed abroad." ' . The commissioner now in, Australia is to vieit Now Zealand later on. REAL ESTATE MARKET. Messrs. J. H. Betbune and Co. report having: recently effected the sale of the following city and suburban properties:— City: Waring Taylor Street, City Council leasehold loused at £105 per annum; Cuba Street, corner section having 50ft. frontage, with shops thereon, £9250; Harriett Street, 2 sections with 5-roomed dwelling and 3roomed dwelling thereon, £700; Constable Street, cection 34ft. x 100 ft., with residence containing 4 rooms, £450; Majonbanks Street, section 63ft. x 132ft.,_with residence containing 9 rooms, £1030. Suburban': Wadeetown, section having 91ft. frontage to Pitt Street, £100;. Plimnierton Extension, section corner Airlie and Moana Roads, 50ft. x 120 ft.. £62 10s.; Evelyn Estate. Karori, 4 sections, each containing about 20 perches, £7CO; Macdonald Street, Beautiful Karori, section containing 1 acre 33.4 perches, £750; Kelburn Parade, section 45ft. x 129 ft., with 7-roomed dwelling thereon, £860; Day's Bay; Ferry Road, section containing 24 perches and large 1roomed whave, £220; Khandallah, York Avenue, section containing 2 roods 10 perches, with old 7-roomed dwelling thereon, £325; Day's Bay, Pitoitoi Road, section 56ft. x 132 ft., £240; Island Bay, 2 sections having 132 ft. frontage to Melbourne Road, £120; York Bay, section 73ft. x 163 ft, with 4-roomod cottage thereon, £230; Day's Bay, Kotari Road, section containing 1 rood, £95; Lyoll Bay, Sutherland Road, 2 sections having 93ft. frontage, £160; Plimmerton Extension, Motuhara Road, section containing i acre, £45. i Customs duty collected at tho port of Wellington yesterday amounted to £3196 15s. 4d. HIGH COMMISSIONER'S MARKET REPORT. The Department of Agriculture, Industries, and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, January 16. (Note: Quotations, unless otherwise specified, are . average market prices on spot):— Mutton—The market is steady and prices are well maintained. TKe demand has been stimulated by the high prices for beef and flsh. Canterbury, 5Jd. per lb.; North Island, 5 7-16 d. Lamb—There has been no alteration in the market since last wcck. Canterbury two's, 6gd. per lb.; other than Canterbury, 6 3-Bd. Beef.—The market remains firm. Hindquarters, 6 5-16 d. per lb.; ,forecruarters, 53d.; chilled hinds, 7d.; fores, sgd, Pork.—A small consignment of New Zealand pork has sold at 63d. per lb. Butter.—Tho market is very firm. A good demand continues for colonial butters. Danish, steady, 150s. to 1565. per owt.; New Zealand, firm, a-good demand for all grades, 140s. to 1425.: exceptionally, 1445.; Australian, firmer, 138s. to 1405.; Siberian, firm, a good demand; 1345. to 1385.; Argentine, an active demand, 1365. to 140s. LONDON WOOL MARKET. Messrs. Dalgety and Company, Limited', have received the following cabled information from their London office under date January 16:—"The wool market is firm; quotations for tops being as under: 64's, 25Jd. to 26d.; 56'e, 26d.; 40's (prepared), 19Jd. There is more demand for merinos."