COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2415, 22 March 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. ■ In .tho investment . share market on Saturday a sale of Union Steam (ordinary) at 245. wag reported. . The quotations were as follow:— Buyers. Sellers, £ ». d. £ e. d. Bk. N;Z (£3 65.-Bd.rd.up) 11 0 0 - N.Z. and River Plate 2 0 0 — Well. Trust Loan, Ltd. ... 7 8 0 — ' Napier Gas (£lO paid up) 15 12 6 *- Well. Gas (£10) 16 '2 '6 - ' N.Z. Shipping (pref.l 10 10 0 — Union Steam (ord.) — >40 Mosgiel Woollen 3 15 0 — Well,.Wool!gn;'(ord.) 4 9 0 — Well. Woollen (pref.) 3 4 0 — Westport .113 0 — Golden Bay Cement 0 19 6 10 6 Manning and Oo 4 18. 6 — D.l.C:** (pref.) 10 3 • ~'- W.F.OpL (£5) - 6 5 0 Customs duty collected at the port of Wellngton on Saturday amounted to £2795 Os. lid. ; ' WOOL .AND SHEEPSKINS. Messrs. Dalgety and Company, have rsccivcd the following cablegram from their London office, under date March 18:—Wool sales:" Market remains very firm. Sheepskins: 'l'he total offering comprised .9810' bales, ajid . was mostly sold. Merinos and Australian crossbred combing were id. to Sd„ and clothing id. per lb. higher: merino iielts.r.wore unchanged, but crossbred pelts were neglected, and for these prices wero _ id. lower. New Zealand crossbred combing was fully -Id; per lb."higher." London Tallow Sales—"Little business is doing, only a small quantity being sold at this week's auction at- a decline of about 9d. per cwt." The Bank of New eZaland has received the following cable advice from its London office, dated March 19"Full-woolled sheepskins are 7i per cent, dearer, halfwoolled sheepskins unchanged, and pelts or j about 5 iper cent, cheaper." ' LONDON WOOL. SALES. ' (By Telegraph.—Press Assn.—Copyright.) London, March. 19. At the wool,sales good merinos .and all. crossbreds were firm. Faulty merinos irregular and in . buyers'. favour. Prices realised: Daandirie, top 12jd., average 10id.; Namoi, 13d. and lljd.; Bldcrslic,-14id. and 13J.d.; New Zealand: Avondale,, 18d and l£a<l.: Gear, 25Jd.. and- 243 d. (Rec. March 21, 5 p.m.) v London, March. 20. There was a good sale for '.he better classes of wool, but faultie* were still irregular: crossbreds were unchanged. ■ To date 39,155 bales have been catalogued and 38.122 sold. Tho following prices were realised for the fleece portions of the clips named:—Epac, top price '8d , average' price 182 d.; Puatao, top 18d„ average 173 d. . FROZEN MEAT. (Reo. March 21". 5 p.m.) ; ■ London, March 20. The Incorporated Socioty of Meat Importers' Smithficld market. Quotations for the undermentioned classes of frozen meat ore based on actual sales of not less than one hundred carcasses of mutton or lamb, or twenty-five quarters of beef, of fair average quality. The quotations are not Tor selected lines, but for parcels fairly representative of the bulk of the shipments ' now on the market. The prices which follow are on the average a farth- . ing per lb. more than the values ex ship, this difference representing the averago cost in expense, handling, convcyanco. and Belling of the meat:-: Mutton— ■ d. North Island, best 6 North Island, ordinary 5J New Zealand, ewea 5 9-16 , Australian ewes' ;.... 5J LambNorth Island, selected 73 , North Island, ordinary 7j Australian, best 73-16 Beef— x New Zealand, ox force ..: ;. 8 New Zealand, ox hinds 61 Australian, ox fores 61 Australian, ox hinds 63-8 . Argentine, chilled fores 65 Argentine, chilled hinds oi Other meats are unchanged. RABBITS. The market is steady and unchanged. The arrivals arc large,' but discharge is slow. WHEAT. (Roc. March 21, 5 p.m.) London, March 20. Ohirago, May options, 155Jc to 158 c.: July options, 123Jc: to 1251 c. . The London wheat market is quiet but steady. The whea.t and flour afloat for the United Kingdom total? 2,755,0C0 quarters; ' for the Oontincnt 3,735,000 quarters. Atlan- ■ tic shipments, 422,000 quarters: . Pacific, ! 48,000 quarters Total Europe, 1,293,000 : quarters; India, 11,000 fluartere; Aisentuw,

LONDON MARKETS. (Rec. Majxh 21. 5 p.m.) London, March 20. Cotton.—May-June shipments of American middling cotton axe Bellingr at 5.18 d. per lb. N.Z. Hemp.—March-May shipments aio quoted at £34 per ton. Jute.—Native first mlarks, March-April shipment. £21 IDs. per ton Copra— March-April shipment, £26 7b. 6d. per ton. • Rubber.—Hard-fine Para, 2s. SJd. per lb.; plnntation, 2s. 33d.; smoked ehects, Zs. 4Jd SILVER London, March 19. Bar silTer is quoted at 23 !3-16d. per ounce standard.