FARM & COMMERCIAL

Dominion, Volume 8, Issue 2470, 25 May 1915, Page 8

FARM & COMMERCIAL

COMMERCIAL ITEMS INVESTMENT SHARES. llhore were no traneactiojis in investTiienl shares yestcixiay. The quotatioilß were as follow:— Buyers. Sellers. £ 8. d. £ s. (1. National Rank "7 5 11 0 Equitable Building 9 10 0 Well. Trust, Loan, LUI. .. 7 9 0 7 11 6 Well. Lep. and Mori - 5 ? ? N.Z. Insurance 6 ® ® 6 16 Gear Meat (£1) 3 19 0 - Union Strain (ord.) — 14 6 Well. Woollen ipref.) 3 6 0 •- °Westport Coal — 1 12 6 Leyland-O'Krien "" J 2 0 planning and Co — 4 14 6 N.Z. Drug « o 0 — Goldeu Hay Cement 110 — *Ex div. Customs duty collected in the- port o! Wellington yesterdav amoiinted to £2999 iSis- Bd, IMPORTS INTO NEW ZEALAND. Return of the principal lines of goods of British manufacture exported to Zealand during the quarter euded March t ol, 1915, -with figures for the oorrcsijonditig cjuarior shown for purposes of comparison. Compiled from the Board of Trade rctu.rns bv 11..Af. Trade Comr«it<sioner, WeJiingion:— 1914. 1915. £ £ Beer and ole 8,573 6,525 Salt fcxcejit table salt) .... 4.735 3.029 Spirits (Hritioh and Irish) 66,441 36,779 Iron and and manufactures thereof 254,094 133,000 Copper, wrought or manufactured 12.251 9,606 Cutlerv 6,437 6,112 Hardware 27,336 19,299 Agricultural machinery of » all kinds 4,490 1,036 Jliniug do 4,437 1,776 Cotton piece goods of nil kinds 158,963 180,154 Woollen and worsted manufacture 105,246 88,910 | Haberdashery 15,617 16,652 I Jute manufactures 12,121 3,635 : Lineu picce goods of all ; kinds 20.276 27,335 'Apparel 238,177 198,507 1 Boots and allocs 38.184 76,441 ■ Saddlery and harness 4,042 4,319 Earthenware and glass ... 26.316 15.347 Paper of all kinds 34,648 20.395 Cement 2,924 1,889 Stationery other than paper 8,715 8,179 LONDON WOOL MABKET. The Hank of New Zealand lias rcccived the following advice by cable from its London office, dated May 21.—W00l gales Hosed very firm. Prices now fully equal to those at close of March, series. Owing to congestion 17,000 bales Now Zealand -wool not offered. Current prices: Crossbreds, coarse. 16|d. to 17d. per lb.; medium, 17d. to 17£ d.; One, 17id. to 18d.; helfbreds, 17rfd.; merinos, common, ICJd.; superior, 15£ d. FROZEN- MEAT. Messrs. Gilbert Anderson and Co (Messrs. Mellsop, Eiiott and Co., local agents) report as follows on the frozen meat market under dxite London, April 13: — The East-or demand was good, and prices reached extreme limits. Home-grown lambs of beat quality were sold at le. 2d. f and Scotch 6ncep lOd. per lb. These prices, however, were not maintained, and there is now a, weaker tone prevailing. Home-grown and Continental: BeefScotch sides, 72d. to Bd.; English, 7 3-Bd. to Bd.; Irish, 7 3-Bd. to 73d. Mutton—Scotch, 93d. to 92d.; English, 9d. to 9£d.; ewes, 7£d. to Bd. Tegs—Scotch, 9£d. to 10d.; English, 9id. to 9s. Lamb—English new seasone, MMd. to Is. Veal, best, 73d. to B£d.; Dutch, secondary, 6Jd. to Bd. Pork, best, 9d. to 9Jd.: secondary, 7Jd. to Bijd.

Frozen mutton: Wet-hcrs remain firm,and light grades are extremely short. Ewes are neglected, however, ond could ho bought at 3-6 d. below prices ruling a few weeks past. Canterbury sheep have changed hands at 6d. all round, "o.x fillip," but none are available for use yet. Selected North Islands, 181b. to 661b., 6Jd.; 561b. to 641b., 6d.; 641b. to 721b., 53d.; ordinary, Jd. less; New Zealand ewes, 5 3-Bd. to s}d.; Australian wethers, 5Jd.; secondary, 5 3-Bd.; ewes, 5Jd.; South. American wethers, 401b. to 551b.. 53d.: 561b. to 721b„ 5Jd. Lambs: Only 300 were available for Easter, ojid fetched Old. Tho first representative quantities will be on tho market next weak, ex liojnuora, and tlicso can be boueht considerably lower. Best North Islamic, Bd.; secondary, 73d.; Australians, best-, 7 3-Bd.; fair, 71d.; South American, light, 7Jd. Heef: Ohilled beef hag been so comparatively plentiful that, frozen has been greatly ncglected, and current quotations are more or less nominal, lower prices being accepted to effect sale of lines. Chilled Argentine fores, fid.; hinds, 63d.; frozen New Zealand fore*. 6d.; hinds, 6 3-Bd.; Australian crops, 6j!d.; hinds. 6 5-16tl. HIGH COMMISSIONER'S GABLED MAEKET ItEPOIIT. The Department of Agriculture, Industrios, and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, Hay 22. (Note: Quotations, nnles6 otherwise specified, are average nmrltet prices on spot) Meat.—The market is firm owing to reduced supplies, together with a- very largo demand for .tho Government. During this week .higher prices have been agreed to after a consultation between the Board of Trade and Meat Traders; especially in the aiec of home-grown aDd chilled beef. Mutton: Canterbury, 63d. per lb. for best quality light-weight; medium-weights, 6Jd.; North Island, 6 3-Bd. per lb. for best quality; ordinary quality, 6Jd.; ewes, 5 13-16(1. Lamb: Canterbury, M. per lb. for ail weights; other than Canterbury, 7Jd.; second grade, 7id. Beef.—New Zealand beef is not quoted officially for reasons already given (May 15). There is only a small quantity selling at hinds 7id. per lb., fores 6id.; chilled hinds, 9id. per ib.; fores, 7Sd. Butter.—The market is firm owing to reduced supplies. Danish, quiet, 1545. to 1565. per cwt.; New Zealand, demand for spot is good-at higher prices, 1445, to 1465.; Australian, 138s. to 1405.; Irish creamery, supplies are increasing, -in fair demand, 140s. to 1445.; Siberian, none olTerinc:; Argentine, in good demand, 138s. to 140s. Cheeee.—The market is very firm, and tho supply falls short of tho demand. Canadian supplies are nearly exhausted, and prices arc nominal. Last season's make, white, 98s. per cwt.; coloured, 965. New Zealand: The market has advanced during this week, and closes firm at higher prices with a brisk demand. White and coloured, 88s. to 945., according: to quality and size. Hemp: The market is steadier and prices are firmer. New Zealand, good fail'grade, per ton, £33; fair. £31; fair current Manila, £39 10s.; May to July shipment, New Zealand, good fair, £32 10s.; fair, £30 10s.; Manila, £39. The output from Manila, for the week was 18,000 bales. Hops.—There has been no material change in the market. English, HCs. to 755.; Callfornian, 955. to 655. I Wheat.—The market, is quiet, with a tendency in favour of buyers. Canadian, on passage, 675. per quarter; May to July shipment, 645. 3d.; American, July to August shipment, 545.; Argentine, ori passage, 635. Oats.—Tho market- is very dull. Argentine, od spot-, 28s. 6d. per quarter: May to June shipment, 295. WHEAT. (By Telegraph—Press Assn.—Copyright.) London, May 22. Wiheat—The market is quiet. The quantity nlloat for the United Kingdom is 2,770,000 quarters. Atlantic shipments, 733,000 quarters; Pacifis, 20,000. Total for Europe, 1.665,000; India, 167,000; and Arsentiine, 533,000.