COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2485, 11 June 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAKES. In tho investment market a sale of Ohristchurch Gas shares at £8 was reported. The quotations were as under:— Buyers. Sellers. £ s. d. £ s. d. National Bank — 5 10 6 Wei. Trust, Loan, Ltd. ... 11l 1 — Christohnrci Gas (£5) 8 0 0 8 2 0 Well. Gas (pref.) 10 3 110 N.Z. Insurance 6 3 0 — South British Insurance 4 14 0 Rear Meat (£1) 4 11 — Well. Meat Export (£5) ... 5 0 8 5 5 0 Well. Meat Export (£4) ... 4 6 0 4 4 0 Well. Meat Export (£2 12s. 6d.) 2 12 6 - Union Steam (pref.) 10 3 — Well. Woollen (ord.) 412 6 — Taupiri Coal 0 15 9 0 17 6 Westport-Stockton — 0 411 N.Z. Portland Cement ... 0 7 0 — Golden Bay Cement 116 — Aucli. Tramway (ord.) — 12 0 N.Z. MONEY MAEKET. "Money (says the "New Zealand Trade Keview," issued yesterday) continues in plentiful supply in the Dominion, and there is every appearance of the supply being well maintained for some time to come. How long this state of affairs will

" cc t d lDf?ly difficult to for ~ ,ine ' a wonderful sense lin- a,s rc B ai "ds value, and tli ■IfJ, ,if Eif V el '.v large flow of fuiic » Dominion. Wit.h only scvt . , ec l sou ; Bone ' thc fl E ur o s A 1 about up to tlio level of a. norm?/ twelr havo shown u, « r or tl s o sllol ' la Ke of shippii /.lci.itiob. Everywhere there it? a crv ft n't, f UI f ™ m "porters and li „ ? .° frcezln ,S .works arc full ai trying out to get their meat away, ar thoro are la,rg;o quantities of cheese it*al lng shipment. Importers arc setting sho ?u ;« » ln , Vl nny *<ud wamt-ir IG^. r . .^ oc^3 badly. WJion Llicsc ehippu facilities flj-e available there will l.e levelling up, and. wo sha.ll se-3 bettor ho H lOl ' 0 is no ri(/ü bt that, 01 export will be far ahead of our import leuYiuj* u I,'U'gc credit balance, which meai « L'ood supply of money. What the staof affairs wilt he after the wa/r is ov< b"t wc believe that bol iii institutions aud priva-to p°un 6 J°. U i ♦ cxercisc , caution w as to be pipared to meet whatever circumstances rns exist then." EXCESS INSURANCE COMPANY. At the annual meeting of the Eice \r„ Sur h n ?? Co ?P?F lleld "i London c March 12. a dividend at the rate of per cent- for the year ending Dccembi 31 last was declared, and a bonus of per cent, m addition. Thc net premiun for the year 1914 amounted to £573,247 14 ' , 0 ' s'liich £453,314 14s. 7d. has bee earned forward to the year 1915, add 'Ifi'iSi 011 . tor depreciation of inves meuts £13,000 has been made, and tl amount added to reserve fund £33,0C0. TARANAKI MEAT COMPANY. The Mercantile Gazette" announces tl registration of the Taranalti Farmers' Mci wPrmP"V* Ud 'V W^' h a ca Di<al of £100,000 : 83.C00 shares of £5 each. The subscribe; are:—John T. Quinu. Eltha.ni, 25: Mlcha Fleming, Pungarehu, 30; Arthur Mortoi Egmont Village, 20; William R. Wrigh Jtuhotu, 30; IScwton King, New Plvmouf I'i"}"' ) v - Budge. Stratford, 50; Jam< h ' ( H 'n s l t ? rtra 'J uk ?,^ e ' Z °i William ] Best. Kltham. 20; William A. M'Cutctwu n bangamomona, 100; Edward Marfell, Tok 60: Abel B. Gamliu. Incrlewood, 25; Gharl< F. Young Tftriki. 50. Object*: To est* usii the business of refriueraUDg or pr Ecryine by cooling or any other procee cattle, sheep, and other animals. WHOLESALE PRODUCE PRICES. Messrs. Laery and Co., Ltd., Allen Stree report wholesale prices as follow :-Fowl wheat, prune, 7s. 7d. per bushel; fowl, barley, 6s. 3d.; Cape barley, seed, 6s. 6d feed peas, prime, 6s. to 6s. Gd.; partridg peas, 7s. 6d bushel; Prussian blue pea Rs.; maize, 6s. 9d.; oats, 4s. lid. to ss. Pc mishci; chaff, oalensheaf, per ton, £9 10s t £ ; hay, £7 lis to £8 loj. flou° k. S £18; oatmeal, £23; bran, £9 55.; pollard, £ 55.; onions, New Zealand, £5 ss. to £5 10 per ton; potatoes, white-skinned table, i ■j t? D; bacon ' «■!! best fat.tm sides, 9*d. per lb.; hams, 91d.; rolls, IOJd shoulders, bacon, 73d.; chcese, factory, m< clium. B}d. to 9d. per Ib.s linseed meal, .£] 10s.; linseed nuts, 14a. cwt.; crushed liusee oake. 1%. cwt.; rice pollard, £8 10s. Customs duly collected at port of We hngton yesterday amounted to £2'( 13s. 9d. SYDNEY WOOL SALES. (By Telegraph—Press Assn.—Copyright. (licc. Juno 10, 11.40 p.m.) m, ~ , , Sydney, June 10. The week s wool sales closed firm. Ther was x strong demand for all good qualitie at late full rates. Frenoh buyers weromor activo than for a considerable time pasi faulties were largely passed. * MELBOtnRNE HIDE SAI.B. (Rcc. Juno 10, 11.40 p.m.) i w , Melbourne, June 10. At tie hides ealo there were fair supplici and All good-conditioned lots were a fartl ; iug dearer, other unchanged. AUSTRALIAN PRODUCE MARKETS. (Rcc. June 10, 11.40 p.m.) _ , „ Sydney, June 10. Oats.—Taamanian. ss. 4d. to ss. 6d.; Nei Zealand A grade Cartons, ss. 3d. to ss. 6d. American Algerians, ss. 6d. Barley: Cap feeding, ss. 9d.; English, 6fi. Maize, s'. 6<i Potatoes: Tasraaniau, £7 10s. to £8 10; Onions, £7 155.; New Zealand Globes (noni 'inal), £7. Clieeee, 10s., Bacon, 9id. to 10?. Adelaide, Juno 10. Wheat. Ss. 4»d.; flour £17 15s.s bran, 2; lid.; pollard, 2e. sd.j oats, feeding 55.. seed ing sa. 6d. I LONDON MARKETS. London, June 9. The wheat market is less depressed Prices are unchanged. Linseed oil, £24 ss. Turpentine, 34e. WHEAT. _ T , m , London, June 9. Wheat—The market is acutely depressed owing to a sharp decline in Argentine am Canadian options. Australian afloat. 625. Thc American visible supply is 31,916,00* bushels; Chicago July options, 110 cents tx 113}; September, 106} to 110. METAL MARKETS. r London, June 9. Copper.—Oil the spot, £83 to £83 55.; threi montli6. £84 to £84 ss. Tin.—On the spot, £166 10s. to £167; thrc< ; months. £165 to £165 10s. ' Lead—£26 ss. to £27. , Bar silver is Quoted at 23} d. per ounc< I standard. I TALLOW. London, June 9. At the tallow sales, 2143 cask® were offered and 706 sold. Prices realised;—Mut ton. fine, 365. 6d.; .medium, 31s. Beef, fine 365.; medium, 31s. The New Zealand Loan and Mercantile Agency Company. Limited, has received th< following cablegram from its London house under dale June 9 :-"Tallow: We uuot< present spot values for the following descriptions:—Fine mutton. 345. per cwt.; good beef, 325. 3d. per cwt.; mixed, 265. 6d. pel cwt. The market is dull."