COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2405, 10 March 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAKEB. There were no transactions' in the investment yshare market yesterday. The quotations wore ae follow:— ■•• • Borers. Sellers. £ a. d. £ 6, d. National Bank 5 8 6 — Bk. JS.Z. (£S ,6a: Bd. pd up) 10 U 0 - Loan i Merctle lord.) 87 0 0 — Napier Gas' (£lO paid) .. 16 12 6 — Well. Gfls (£10) 16 0 0 - Meat Export (£2 12e. 6d.) 215 0 — N.Z. Bliippmg (pref.) 10 7 6 — Union Steam \ lord.) 13 9 Union Steam (pref.) 10 8 1 0 10 Mosgiol Woollen 316 0 — Westport ...: 11l ) — Westport-Stockton — 0 5 2 Golden Bay Cement 0 19 3 I ,0 6 Sharland (ord.) — , 14 6 Sharland (pref.) 1 ! — W.F.C.A. (£5/ — \ 6 5 0 Taianaki .Oil — : 0 3 3 FROZEN-.MEAT MAEKET. Messrs. Gilbert,'Anderson and Co. (MeE6«. MellsOp, Eliott and Co., local agents), writing under date London, January 19. report as follows on the frozen meat market:—

■ A steady tone prevails in the market. Mutton and lamb are firm, the demand having been influenced by the extreme scarcity • of, fish, and the high prices ruling for, beef. Continental and Home-grown supplies, now in Teduced 'quantities, sell at good prices., s Home-grown and Continental: . Beef— Scotch,, 73d. to Bd.; English, 7Jd. to 7id.; Irish, 71d. to 73d. Mutton—Scotch, 7{d. to Bd.; English, 7d. to 7Jd.; Dutch, 6Sd. to 7d.; ewes, S|d. to 6d, Tegs—Scotch, fid. to Rid.; English, 7Jd. to Bd.; Dutch, 63d. to 7Jd.; English new- season's lambe, lOd. to llid.; pork. 63d. to 7Jd-; veal, 6d. to 9id. ■ Frozen Mutton—Canterbury, 4811). to 561b., and 561b. to 641b., bid.; 641b. to 721b.,'5 J-Bd.; selected North Island, 561b.- to 641b., 5 7-16 d.; ordinary, 6 3-Bd.; ewes, 521b., 5 3-16 d.; AustraMan wethers, 401b. to 601b.. s£d.; 351b. to 551b., 5 1-164.; ewes, 5d.; Eouth American wethers, 561b. to 721b., 5Jd.

Frozen Lambs—The very few New Zealand new. season's lambs realise -7Sd. for primes, but second,duality are much lower ard como into 'competition with Australians. Old e&Kon's' Canterbury, under-261b., and.36lb. to 421b., 61d.'; seconds, 6 7-16 d.; Australian . best, -61d.; fair. 6Jd.; inferior, Sid.; South American, 231b. to 361b., 61 d.; 561b. : lo- 421b., 1 6|d. • '.v. ' Beef.—New'Zealand fores, 1601b. to 2201b.. hinds, 6 5-16 d.; Australian crops, 63d.; hinds, 61d,; ohilled Argentine fore's, 5Jd.; hinds, 7a. . •" ' ■ SOTTTHEKN MAKKET. (By. Telegraph.—Press 'Association.) ■ Christchuroh, March 9. It is now.admitted by.the Minister of Agriculture that, the yield of wheat will be considerably higher than- the estimate made'a-month ob .61*. .-weeks ago, threshing -results having'shown how well the wheat is turning out in Canterbury. The market .appears to" be a little Eteadier, thejo is lees offering, and buyers are either holding off the market,.'6r .have reduced their limits. ;' It is now'generally thought that the'bulk of the wheat grown north df Kakaia,. has : changed- hands. Bales have been made during, the last day or'two at 6s.' lOd, at : country stations, and. holders for 7s. now find it is the outside price for pearl only. Oate. are very firm, and "A" grade Gaitons'are now worth up to 4s. at country stations. Oatshcaf chaff i 6 not offering vory freely, and- the market is very firm, '£5 10s. being-the price generally offered. There is little business doing in potor. toes, £4 still being offered-for March-April delivery. Onion* are easier, as the main crop is now on the market, and £3 is offered for March-April delivery.' NATIONAL' MORTGAGE'' COMPANI OP -N.Z. .. By Teleiraph—Preos ■ Association—Copyright . London, March I. The National Mortgage Company of New Zealand- is not 'making a new issue, but merely-renewing terminable debentures, in which it has Treasury approval for its d&lings. , , LONDON WOOL SALES. London, March i. The wool available for the third 6erics of sales is 130,000 bales. v SALES IN AUSTRALIA. Melbourne, March 9. At the wool sales American competition for best merinos was keen. Extreme rates were realised.' Adelaide, March 9. ' At the wool sales bidding was excitingly animated. Merinos advanced by 15 to Its per cent. The top price was lsjd. ' .' . ' WHEAT. .. '1 London, March 8. Wheat.—The wheat market is steady and quiet. • METAL MARKETS. London, March S. Bar silver is. Quoted at 23£ d. per ounce standard Copper.—On the spot, £63 15s. to £44; three months, - £64 ss. to £64 10s.; electrolytic, £69. ss. to £69 15s. Tin.—On the spot, £189 108. to £190; three months'; -£166 to £166 10s. Lead, £20 13s. 6d. to £20 153. ... SUCCESSFUL LAND SALE. .' '. Blenheim, March 9. The most successful auction salo of property ever held in Blenheim was conauoted last-night. -The property offered was owned by P.'D. Monro, and is known as "lelverton." The estate' comprised 64 sections, varying in area from 40 down to blocks. Every section was disposed of under, the hammer at an average of £99 per acre, the whole estate realising £15,305.