COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2431, 9 April 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. After having been closed for the Easter holidays, the Wellington Stock Exchange' reopened yesterday morning. Two sales were reported. National Bank changed hands at £5 10s. and "New .Zealand. Insurance at £6 2s. The Quotations were n a under:-. Buyers. Sellers. £ s. d. £s. d. Bank N.Z. (old) 11 0 0 — Bank N.Z. (new) 17 0 0 . — Equitable Building 9 7 6 • — Wgt-n. Int. T. and A 0 11 J — Wgtn. Trust, Loan, Ltd. 7 8 6 — • Wgtn. Gas (£10) 16 6 0 - Wgtn. Gas (pref.) 0 19 9 10 6 Gear (£4) 14 7 6 - Meat Export (£2 12e. 6d.) — 216 0 N.Z. Shipping (pref.) 10 10 0 — Union Stsam\(ord.) — 14 3 Union Steam (pref.) ...... 10 6 — Mosgiel Woollen 315 0 — Wgtn Woollen (ord.) 4 10 0 4' 12 6 Wgtn. Woollen (pref.) ... 3 5 0 — Weetport>Stockton — 0 5 0 Leyland-O'Bricn 12 0 — Taringamutu — 2 2 0 Sharland (ord.) — 14 0 Sharland (pref.) — 14 0 TRADE OP NEW ZEALAND. Money continues to flow into the country from the realisation, of our season's produce to a. very considerable amount, while our imports are on a lighter scale thau for somo time past (states the "New Zealand Trade Review"), consequently the banks coifers are well replenished and tnere is an ample supply of funds available for all- ordinary trading purposes. Many farmers and others have big credits now, for which they seek investment; as a liquid form of security ie desired in many cases, good sound chares are in demand and values of all good investment stocks are firming. With the end of February we completed five months of the current export season and the value" of our exports for this period reached • £12,750,154, ae compared with £9,458,158 for the corresponding period of la6t season, - which is an increase of £3,291,996. It must be remembered that we are enjoying a very early season, and the returns from now on may not maintain last year's level;' still, a record' total for the season i 6 confidently anticipated. The outlook, therefore, Is decidedly satisfactory, and the ™PPjy of funds for all general purposes should be ample for. some time.' Customs duty collected at the port or Wellington yesterday amounted to £4208 9s. lid. LONDON WOOL SALES. Messrs. Dalgety and Company hare received the following cablegram from their London office, under date March 31;— The wool sales closed firm. Compared with last sales closing rates, good shafty greasy merinos were from par to 5 per cent, lower, medium 5 per cent, and Bhort burry and wasty 7j per cent, lower. Bulky 'scoured mermos declined 5 per cent., medium 5 to 7J per cent., short and faulty 7J to 10 per cent. Greasy fine crosßbreds were dearer by 5 per cent., medium 7J per cent., and coarse 7J to 10 per cent. Scoured crossbreds slipes were higher by 5 per cent-., except coarse qualities, which- showed a rise of 7J per cent. Lambs were from par to 5 per cent. lower.; 109.0C0 bales were sold for tho Home trade. 5000 to America, 12,000 to the Continent, 18,000 carried forward, and of this quantity 17,000 were not offered. LONDON TALLOW SALES. The following cablegram, 'dated March 31 ,has been received by Messrs. Dalgety and Co.;—At the tallow sales the bulk of the offerings were sold. The market, was firm for inferior, but other descriptions were slightly easier. LONDON QUOTATIONS, (By Telegraph.—Press Assn.—Copyright.) London, April 7. Share market quotations include; Broken Hills, 425. and 435. LONDON MARKETS. . London,' April t. The wheat mnrket Is steady and quieter. Linseed oil, £35. Turpentine, 37«. 6d. Copper.—On the spot, £70 2s. 6d. to" £70 7s. 6d.; three months, £70 15s. to £71. Tin.—On the spot, £168 to £168 10s.; three months, £166 ss. to £166 15s. Spelter.—£42 10s. to £43. Bar silver is quoted at" 233 d. per ounce standard. AUSTRALIAN PRODUCE MARKETS. (Rec. April 8, 10 p.m.) Sydney, April 8. Oats, Tasmanian, ss. 4d„ sa. 6d.; New Zealand A Gartons- ss. 6d., B Gartons ss. 4d. Barley, Cape feeding ss. 6d„ English 6s. 'Maize, yellow 55.-6 d white ss. 3d. Potatoes, Tasmanians £6, £7 Its. Onions £7. Butter, os fixed. Cheese, prime Bd. Bacon Bd., BJd. Adelaide, April 8. Wheat Bs. 1-Jd. Flour • £18 ss. Bran 2s. 2Jd. Pollard 2s. 6id. Oats ss. 6d, and 6s.

An Army order, which has been issued, states that the outfit allowance of £30 granted to men appointed to temporary combatant positions ,in the regular 'army, the special reserve of officers, ■ and the territorial force, for the period of the present war, has been [increased to £50. to melius cagn kit..