COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2466, 20 May 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. | In the investment marxet yeeterday 1 sales -ffere reported of Union $team, ordlnaxy, at 245. 3d. and 245. 4d. The Quotations "vvere as follow:— Buyers. Sellers. £ 8. d. £ s. d. National Bank — 510 6 Bank N.Z. (£6 13s. to.) ... 17 3 b N.Z. and B. Plate 2 18 - Well. Trust Loan, Ltd. — 712 6 N.Z. Insurance — 6 2 D South British Insurance ~ Also Canterbury Meat — 812 6 Kaiapoi Woollen (prof.) 3 6 0 — 1 N.Z. Drug .. 2 6 0 — Golden Bay Cement 110 — Tluddart Parker — 110 Auckland Trams — .12 0 Customs duty collected at the port, of Wellington yesterday amounted to £4730 15s. 3d. FKOZEN MEAT. Mean*. Gilbert Anderson and Co.' (MessrF. Mcllsop, Eliott and Co.. loral agents), writing under <Jate London, March 30. report on the frozen meat market qh follows:— The slowness of the discharge of steamers continues, and the demand for lambs ie so good that it is difficult t-o obta-in a. representative lite of New Zealand lambs jx&viliy: in pxi«6 hart rc&chcd

as high as Eld. to the retailer. Mutton has been neglected recently, and tho tendency is eomcivhat weaker; moreover, the stocks of Australian sheep ere considered hoavy. There is practically no Canterbury mutton or lamb available, but very high prlcos are anticipated for tho first lambs on tho market.

Home-grown «nd Continental: Interruption ill the shipments of Dutch meat has made the market deliveries light, and extreme prices have been readied. Reef: Scotch sides, Bid. to 83d.; English, 73d. to fiid.; Irish, 73d. to aid. Mutton: Scotch, 10d.; English, 9£d. to lOd.; ewes, Bd. to BJd. Tegs: Scotch, 10id. to lid. Lambs: English new season's, Is. to Is. Id.; veal, best, B.R to 9id.;. secondary, 6M. to Bid.; porlt, Btd. to 9id. Frozen Mutton: Small sheep aro more saleable tlian mediums and heavies. Best North Island, very scarce. Ordinary, 481b. to 561b., 6J(1.; 561b. to 641b„ Sid.; 641b. to ' Elvcs - 5 9-IM. Australian wethers, 401b. to 601b., 5 7-16 d .; 351b. to 551b., 5 6wes - 5 M- South American wethers, 401b. to 551b.. 53a. ; 5610. u, 721b.. 58d. Lambs: Selected New Zealands Bd., secondary 73d.; Australian. 281b. to 421b., 7Jd.; fair, 60d.; inferior, 63d. South American, 261b. to 361b., 6Jd; 361b._ to 421b., 6|d. The absence of future supplies is creating great uneasinoss.

Beef: Chilled was cheaper early in week, hut finished firm; fores, 6Jd.; hinds, 71d. Frozen slow, while chilled plentiful. New Zealand fores, 6d.; hinds, 6Jd. LONDON WOOL SALES. (By Telegraph—l'ress Assn.—Copyright.) London, May 18. At the wool sales there was a good sale. Prices were unchanged. Trices realised:— lalobia, top 12d., average lid.; Ardbrin, 30* d. And 29id. New Zee-land: Oporal, 18|d. and 18d.; Otaio, 'lßd. and 17d.; Hikorengl, 18d. and 17& d.; Poporangi, 17£(1. and 163 d. Messrs, Dalgety and Company, Limited, have received the following cablegram from their London office, dated ilay 17:— Owing to congestion,'the London brokers have been obliged to cut out. wool from the following ships in tho present series of wool sales, viz.: Anglo-Brazilian, Largo Law, Dalmore. WHEAT. , London, May 18. The wheat market is neglected. I'rlcee are unchanged. METAL MARKETS. London, May 18. Copper-On the 6pot, £77 lOe. to £77 155.-, tnree months, £78 l(is. to £78 155.; electrolytic, £87 lite, to £88 10s. Tin.—On the spot, £162 106. to £163, Spelter.—£6B, £65. Silver.—23 9-16 d. per ounce standard.