COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2395, 26 February 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES.,' In the investment market a sale of Bank of New Zealand old issue at £10 10s. was reported. The quotations were as under:— •> '. Buyers. Sellers. £ b. d. £ s d.

[ \ JfONB? MARKET. The "New Zealand Trade Review" published yesterday says :V'The tendency of the looal money market continues in, the direction of rather, easier conditions, ..and there is'apparently a fairly plentiful supply of money available. Funds are coming ; in from the realisation of • our produce, and the season 1 promises to eclipse all previous records. For the four- months October to January the value of our principal lines of exports compare as follows with last season:— : . . . 1914-15. 1913-14. • Wool 3,292,107 1,802,911 i 'Frozen meat - 1,663,922 598,341 • Butter ■ 1,314,640 1,175,440 ' " Cheese . .979,040 943,116 , Total ...; 7,249,709 4,519,808 . The Increase shown by these figures is ■phenomenal, amounting to 60 - per cent., out. it must be remembered that last seasou was. seriously affected by the strike, therefore the returns for the full season cannot he expected to maintain, nearly such a high rate of progress. Against, this .there is evidence that our imports will not, maintain the high level recently established, and a very satisfactory margin of. exports is bound to be shown when the figures are. available." AUSTRALIAN PRODUCE MARKETS. By Teleeraph—Presß Association—Copyright ,(Rec.-February 25, 10.30 p.m.) Sydney, February 25, Oats, Tasmanian ss. Id., Algerian feeding ss. 6d„ seeding ss. 3d., New Zealand "A" .grade Gartons, ss. Id., "B" grade 55.; barley, Cape ss. 6d., .English 6s:raame. 4s. 6d. to 43. 10d.; potatoes, Tasmanian, £5 to £6; onions, £8; butter, • selected, 120 a., secondary, 112s. to 1165.; cheesc, 6d. to 7id.; bacon, 9d. to lOd. ' . . Adelaide, February .25, Wheat, Bs. to Bs. 3d.; flour,.£l7'lDs.; bran, 2s. to 2s. Id.; polard, 2s. 4d. to 2s. 6d. MELBOURNE HIDE' SALE. (Rec. February 25, 10JO p.m.) Melbourne, Fehrusry 25. At the" hides sale average supplies were available. Stout and heavy were firm; light and medium were favoured. by buyers ' WHEAT. By Telegraph—Frees Association—Oopyrizht London, February 24. -Wheat is steady; tho market is inactive. LINSEED OIL. London, February 24. Linseed oil is quoted at £30 per ton. TURPENTINE. ■ • London, February 24, Turpentine, 425. - . ' LONDON WOOL SALES. . By Telegraph—Press Associatlon-Copyrieht London, February. M. ■ ki thr opening of the wool sales prices , U fuUv ma.intained. Rood a hlrdUig tendency. Prices m . "wonmboin, l»d„ 11 5-Bd.; Belalie, Sb?idie. M»d., 23Jd.; Abun-

WoJiriKoaK. 11W.. 9 7-M.i, MortJorU, Ujjd., 9 5-Bd. New ftealflitd dipt): Mako, loia., 16d,; Motore, 16d., .15 7-Bd. Dalgoty and Company. Limited. havo received the following cahlcgrnm from tnctP London office, under Hutu February <?<> ■ * "Wool sales opened with 11. good selection, and a largo attcndom:c of buyers. U)nipetition was animated. Good grcflfiy merinos showed a rise of Irom 5 to Ti per cent., and other sorts 5 per cent. heolir i ;d merinos wero from par .to 5 per cent, higher. Orwity fine crossbreds were 5 per cent, higher; medium and conrso * 7Sd Slijxss and scoured crossbreds noro unchanged. For the third scries tho gross arrivals amounted to 223,-00 bales. A total of 93,000 bales have been carried forward, leaving a net Quantity of 130,000 available for salo." SiDNEY WOOL SALES. (Reo. February 25, 10.10 p.m.) Sydnoy, February 25. ' The week's wool sales olosed at the highest late rates.. There was jinabated competition, prices diowins a rising tendency. TALLOW SALES. London, February 24. At the tallow sales 575 casks were offerod and sold. Prices realised:, .Mutton, fine, 445. 6d.; medium, 4te. Beef: Fine, 4-ls., medium, 338. • - METAL MARKETS. London, February 24. Copper—On the spot;. £64 7s. M. to £64 12s. 6a/; three months, £65 to £65 ss. Tin.—On the spot, £177 to £177 10s., three months, £157 to £157 10s. : Lead, £19 12s. 6d. to £20 2s. «• : Spelter, £41 15s. to £42 10a. Silver.—Bar silver is quoted at CI 'on, per ounce standard. Onstoms duty collected at the port. of Wellington yesterday amounted, to t-ivsi Bs, 7d. . _____

National Bank , „ - ■ 5 0 Bank-NlZ. (new) •• lj lg •• ~ N.Z/ and E. Plate 2 -0 Gliristchurcli Gas (£5) ... 7 8 0 — ■ Wellington Gaa (£10) 16 0 0 — 'Gear (£4) 14 5 0 — Meat Export (£2 12b. 6d.) — 217 0 N.Z., Shipping (pref.) ... 10 5 6 - Union Stoam (ord.) 1 J 6 -1 3 M Union Steam (pref.) , —. . I 0 w Moegiel Woollen' 3 15-0 Well. Woollen (pref.) 3 2 6 . r . Woetport-Sloekton .0 5 1 0 5 3 Manning:' and Co. 5 0 0 N.Z.Portland Cement ... 0 6 0 — Sharland. 'ord.) I 3;6 . — Sharland (pref.) 13 6' -r ; Ward' and Co. 5 10 0. —