COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2426, 3 April 1915, Page 10

COMMERCIAL ITEMS

INVESTMENT SHARES. One sale wa6 reported on. the Wellington Stock Exchange on. Thursday, when National Bank stock changed hands at £3 10s. The Quotations were as under:— Buyers. Sellers. £ 8. d. £ B. d. Bank N.Z. (old) ...: 11 0 0 11 2 6 Bank N.Z. (now) 17 0 0 17 4 0 Equitable Building 9 7 6 — Well. lut. T. and A Ml 3 - Well. Trust, Loan, Ltd. 7 8 6 — Napier Gas (£10) 16 0 0 — N.Z. Insurance 6 10 — Gear (£4) 14 7 6 - Meat Export (£2 12s. 6d.) — 216 0 Mosgiel Woollen 315 0 . — Well. Woollen (ord.) 4 10 0 4 12 6 Well. Woollcu (pref.) 3 6 0 - Westport : 113 0 — Wcstport-Stockton 0 4 11 0 5 0 Golden ■ Bay Cement 0 19 9 10 3 1 Sharland (ord.) 13 6 14 0 Sharland (pref.) 13 6 14 0 Ward and Co — 6 0 0 W.P.C.A. (£5) - '650 Customs duty collected at the port of Wellington oil Thursday amounted to £4827 - sb. 7d. LOUDON WOOL SALES. (By Telegraph—Press Assn.—Copyright.) London, March 31. During the wool sales there was sold for Home consumption 109,000 bales, for the Continent 12,000, for the United States 5000, while 18,000 were held over. Compared with last sales' closing Tates prices for best greasy merinos were unchanged, but for average and faulty they declined by 7j per cent., and for sconreds from id. to Id. All crossbreds met with increasingly keen demand. Pine advanced by 5 per cent., medium and coarse by 10 per cent., and scoured elipes by 5 per cent. Prices for lambs' merino were unchanged. Crossbreds advanced by 10 ner cent. The following prices were realised for the fleece portions of the clips named:— "Euglo," top- price 12d„ average 103 d.; "Billabong," 15d. and 123 d.; "Murawombie," 12id. and llgd.: "Morenbah." 15d. and 13 3-Bd.; "Alice Downs," 15d. and 125 d.; "Westlflnd," 14d. and 113 d.: "Dalgi," 13»rt. and 125 d.; "Mondooroo," 23d. and 26\d. New Zealand: "K.R.A.." 18d. and 17id.; "Te Kapu," 18d. and 17Jd. Messrs. Murray. Roherta. and C 0.., Ltd., have received the . following cablegram from their London friends. Messrs. Sanderson, Murray, and Co., under date of March 31:—London, wool Files: "Sales closed firm; prices unchanged. Held over 18.000 bales, including wool unobtainable." The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London house, nnder date March 31:—The market Is flrra. As compared with Inst sales' closing rates, merino scoured is 5 per cent, to 71 ■ per cent, lower; crossbred scoured and sllpe are par to 5 per cent, higher.The Department of Agriculture, Industries, and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, Maich 31, in regard to the closing of the colonial wool sales:—The wool sales have closed. : Prospects are favourable owing to Americans holding off. Continent buying continues. Estimated values:—Pino crossbreds, all grades, 17d. to ISsd, per lb.; medium crossbred, all grades, 16d. to 18Jd.; coarse crossbreds, ail grades, 15d. to 18d.; superior merino, 145 ii. to 16d.; medium, lid. to 14d,; inferior, Bd. to lljd, TALLOW. London, March 31. At* the tallow 6ales, 1264 casks were offered and 948 sold. Prices realised:— Mutton, fine 425. 6d„ medium 38a.; beef, fine 435„ medium 375. 6d. (Eec. April 2, 5.5 p.m.) London, April 1. Tallow stocks, 6267 casks; imports, 5334 casks; deliveries, 3280 cask 6. COLONIAL AND OTfIEB PRODUCE. (Kec. April 2, 4.45 p.m.) London, April 1. Butter.—The market has a holiday tone; prices are easier, owing to the large quantity of colonial available. Danish. 1365. to 140«. Choicest Australian, salted 130s. to 1325., un6alted 1325. to life.; secondary, 1246. to 1285.; New Zealand, choicest, 1345. to 1365. A few unsalted lots were sold at Dfe. Cheese.—Steady. New Zealand. 935. to 945.: Australian, BBb. to 925. Wheat—The market is quieter, and prices are unchanged. Flour—Steady and unchanged. Barley.—Dull; the tendency is easier. Oats—Quiet. Bahia Blanca, April-May shipments, 295. Peas and Beans.—Dull; prices are in buyers' favour. Wool.—Bradford wool, business limited; prices fairly maintained. June, March, and April shipments, 22KT. Hemp.—Slow of sale. March-May shipments. £34 Ids. Rubber—Hard fine Para, 2s. 51d. ner lb.; plantation. 2s. 4d.; 6moked, 2s. 43d. Copra—March-April shipments. £25 10s. Cotton'.—May-June shipments, 5.54 d. THE METAL MARKETS. (Hec. April 2, 4.45 p.m.) London, April 1. Copper .-On spot, £69 10s.; three months, £70 2s. fid. Supplies, 43,272 tons: deliveries, 48.551 tons; stocks. 17.858 tons; arrivals, 4500 tons; visible supplies, 29.056 tons. Tin, £168, £166. Stock". 18,073.t0n5; spot, 3317 tons; afloat, 3363 tone; deliveries, 2904 tons. Pig-iron, 675. 7d. per ton. Lead.—Soft foreign, £23, £21 15b, 1 Spelter. £42 10s. to £43 10s. Quicksilver., 2455. MELBOURNE HIDES MARKET. (Rec. April 1, 9.10 n.m.) Melbourne April 1. Hides are jn moderate supply; there is good competition, and prices are steady. PRODUCE MARKETS. Melbourne, April 1. Wheat, 7s. lOd. to 7s. 10Jd. Flour, £17 10s. Bran. £9 10s. Pollard. £11 ss. Barley, English. 6s. to 6s. 2d.; Cape. ss. 4d. to ss. 6d. Oats, se. sd. to ss. 7d. Maize 6s. 6d. to 6s. 7d. , Potatoes, £5 to £5 ss. Onions, £4 15s. to £5.