COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2393, 24 February 1915, Page 8

COMMERCIAL ITEMS

ItETKOPOLITAN BUILDING SOCIETY. The' of ' the' Metropolitan Permanent Building and Inieetment 'Society for the year ended February 15 shows that -the: profits for, the year (including ft balance of. £54 18s.. 4d. brought forward from Iflfit year) amounted to £5431 76. 10d., and the. expeneea totalled £584" 19s. 4d., leavinga profit: of £4846 Bs. 6d. Out of this £750 has been added to the reserve fund, which now stands at £10,750, and the dividends and. amounts credited to A and B ehares abeorb £3964 '4a; 2d., - leaving £132 ■ 4g. 4d, to be carried forward. The loans .on/mortgago total £123.909.

• .. NAPIER WOOL SALE. . (By Piose jVjssooiatJan.)Napler, February 23. The fouTti and last wool sale of tlufl eeason was held' in Napier to-day, there beinc an average attendnnco of tuyere. The biddane was hrisK throughout and prices were slightly advanced on thoso ruli-ni; at last sale.' The followins ie the range of prices as compared with la6t saJe, the figures; for ;tho latter bedng in parentheses:—Beet tailored, none offering (95d. to 13Jd.) ; scoured crossbred, 131 d. to 183 d. (16id, to 20id.); fine '.crossbred, -123 d. to 14Jd. (10id. to 131 d.); medium crossbred, 12d. to 14d. (lOd. to 13d.): , coarse crossbred, lid. to 133 d. (9}d. to 13d.); inferior crossbred, lOd. to Hid. (Bd. to lid.): : Pieces, 73d. to 12Jd.) (6W. to lljd.): bellies, ■ to 83d. (7d. to. 93d.); locks, 6d. to 7}d. (5Jd. to 61d.); lambs, 6Jd. to Mid. (7Jd. to Hid.): dead, to Hid. (BJd. to 103 d.). SOUTHERN MAEKEfTS. , Christchurch, February 23. The wheat market is very firm, and there are reports of slight. advances on last week's rates, but the principal buyers havo not given more money; Hunter's and Tuscan changing hands chiefly at 6s. 7d. to 6e. da., and Pearl at ss. 9d„ at country tiona, the higher figure being in the coco of short.railage. The Hceperoe has arrived at Lyttelton from Canada with 100,000 ,bushels of wheat, but as 'her arrival is later than was expected, and the harvest is at least threo weeks earlier than last year, and wheat is in unusually good millinc condition, the imported wheat is not urgently, required, though no doubt it will bo specially good for mixing purposes. Only part of the Hespcros's wheat is for Ohristchurch, and tho balance for tho eouth. , Flour has adtanced £1 per ton. and is now quoted at £16 10s. per ton f.o.b. The oats market is still advancing, and the reason generally given is that forward sellers are sh<jrt in their requirements, and tho present active demand is therefore not a oonsumptivo one. "A" grade Gortons have been bought.at 3s. 9d. to 3s. 10d.; end "B" grade, 36. 7d. to 3s. Bd.; while for Algerians, 4s. 3d. to 4s. W. is being paid at country stations. The demand far barloy appears to be easier, and ss. 3d. is now the top price epioted for prime malting. There 16 no change in oateheaf chaff or potatoes. There is BOme inqnirv for Partridge peas, 'and it-is stated that 45. 6d. hao beempaid,

THE METAL MARKETS. ByTdegiaph—Press Association—Copyright ; London, February 22. Copper.—Ob the! spot, £64 7s, 6d. to £64 123. 6a.; three inoiltlHi, £64 15s. to £65; electrolytic, £68 15s. to £69 6s. Tin—On the 6pot, £186 to £166 Us.; threo months, £164 to £164 lte. ' Load.—Soft, foreign, £19 17s. 6d. to £20. Spelter.—£4l 12s.- 6d. to £42 lis. 6d. STOOK SALES. Mesars. Dalgety and Co., Ltd.. Maetcrtoa, report having hold, their weekly sale at 'I'arat«.hi on Monday, when there was a large entry of both sheep and cattle, which raet with animated competition. Fat ewea, 16s; 7<1.; fat and forward mixed 2-tooth*, 15s. 3d.; 2-tooth wetliere, 13s. 3d. to 14a.; 2-tooth-ewcs, 13s. Id.; mired aged ewes, 11b. 6d.,.115. 9(L, to'l3e. 2(1.; Rood, nape lambs, lis.; b.f. lambs, 86. 7d. to Bs. 9d.; cull lambs. 4s. Id. to 4s. 3d.; cull ewes, 6s. 9d. to Bs.; Lincoln rams, Jgns.; 'fat oowß, £7; forward cows, £5 to £5 18s.; forward cows, £3 135., £4 65., to £4 10s.; store cows, 30s. to £3 25.; 18-month steers, £2 135.; bulls,'£4 to £6. ■ ,

Oustoms duty collected, at, the port of Wellington yesterday amounted to £3965 12s. W.. ■■■•". WELLINGTON WOOL SALES At the wool sales to be held at 3 p.m. to morrow, a large quantity of back-coun-try, heayy-condition wool will be offered, totalling 6000 bales. The order of sale and the quantity to be offered by the several brokers are as undr:— * Boles. Abraham and Williams 674 Murray, Roberts and 00. , ... 1.406 Dalgety : 2,101 United Formers and Wairarapa Farmers .: 76 W. and G. Turnbull .;... 150 Levin, .. 1,115 Loan, and Mercantile 869 ' 6,391 Messrs., Murray, Roberts and Co., Ltd., have this moraine' received a cable from their London friends, Messrs. Sanderson, Murray, and Co., Tinder dote February 22, as follows:— .. "Fourth series commences on April. 20. List for which closes April 6, subject to a limit of . two hundred thousand new arrivals." ; MINING NEWS WELLINGTON SHARE MABKET. mining market yesterday a sale of Waihi Grand Junction at 245. 6d. was recorded. The Quotations -were as follow:— : Buyem SeUeri. £ si d. £ a. d Boss 0 0 3 0 1 0 Talisman ..: 1,9 0 1 » 6 JuU. -■ 2 1 9j Waitangi 0 10 0 14 ■ TALISMAN CONSOLIDATED. The Superintendent of the Talisman Coneoliaated sent to London the following 1 cable:—No. 6 winze, progress 9 feet, reef 69 inches wide, value £9. No. ;15 level, south drive, progress 31 feet, reef 48 inches wide, value Is. North drive, progress'24ft., reef h inches wide, value nil. Started No. 8 rise 228 feet north of No. 12 winze, proffress 17 feet, Teef. 42 inches wide, value £10 75... ■ Woodstock,. north drive,. started cross-outting west at .750 feet, - progress 48 feet, east 'progress 61 feet. South drive., progress 104 feet. . • • STOCK EXCHANGE. (By Telojraph.—Pres« Association.) _ , • . _ Auckland, February 23. Sale.—Grand Junction, 245. 3d. Chrlstchurch, February 23. Sale, reported:—We6tport Coal, 31s. 9d. m. . ,Dunedin, February 23. e . following sale was reported on the Stock Eichajige to-day.—New Zealand Insurance, ex div., £5 18e. 6d. ' • LONDON MINING QUOTATIONS. By Telegraph—Press Association—Copyright London, February 22. Stock and sheuro market quotations include :—North Broken Hill, 40s. buyers, 425. 1, sellers; Waihi, 38s. Sd.' buyers, 41s. 3d. selJere; Talisman, 295. fid.. buyers.

. INVESTMENT 8HAEES. There wore no transactions recorded ia tho'investment market yesterday. The quotations'wore flfl follow:— Buyers. Sailors. £ s. d. £ M. A. National Bank 5 8. 0 5 9 0 Bank N.Z. (old) . 10 S I 10 10 0 Union Bank .. ■ 5515 9 Wn. Int. T. and A. ...... 8 11 » 1 - Wn. Trust Loan, Ltd. ... 7 5 0 — Ohoh. Gas (£5) 7 7 6 - Palmerston N. Gas 12 :5*0 . , —. Wellington Gas (£10) 16- 0. 0 . — : Wellington Gas (pref.) C19 5 — CItriskliurch Heat- — 1612 6 Gear (£4) 14 5 I - Meat Import (£2 12s. 6d.) — 217 0 N.Z. Shipping (pref.) ... 10 5 0 — Union Steam (oi;d.) i 1 3 9 1 3 11 Union Steam (pref.) — . 1 0 10 Wn. Woollen (pref.) 3 2 8 — Westport — 1 12 3 WestporirStockton (St 053 Tarmgamutu — Z 2 0 Ward <md Oo 5 10 0 — W.F.O.A. (£5) - 6 .50 TaranaH Oil ... — 8 3 3