COMMERCIAL ITEMS

Dominion, Volume 8, Issue 2543, 18 August 1915, Page 8

COMMERCIAL ITEMS

■ INVESTMENT SHARES. In the investment market yesterday •q, ■ .""sale .-'of Golden Bay Dement shares at 21s. was reported. The Quotations ■ were as . follow:— i . Buyers. Bo'Jcrs. £.s. d. £ s. d. Bank N.Z. (£3 6s. 8d.)„. — -10 5 0 Rational Bank — . : 418 o Well; Gas (pref.) ; — 10 o Union Steam- (pref.) ...... . — .10 3 .' Westport'Stockton 0 5,0 — N.Z.' Portland Cement. ... — E 7 0 ' Kfturi Timber (155.) ......... 015 0 — : CHRISTCmiRCE MEAT CO. In connection with. the recent issue by the OlLristcliurch Meat Company, Limited, • of "150,000 mortgage debentures at' 6 per cent.- it is of interest to note that the issue iras applied for by a very large and

representative . section of the investing public.ln the .ten days that the list was open no. fewer than 300 application's were received. from 'investors in all parts ot. the' Dominion, and the total amount applied; for' was' in the neighbourhood of £300,0C0. Wo understand that this amount would have ■ been largely exceeded had the ■ time allowed; been a little-longer. ■ This result,' -whilst extremely gratifying from the point of . view of the; OhrietchnTch' -Meat Company, Limited, is also ■very satisfactory, ovidenee as to the tthiouut of money' which is available in the hands of the ordinary investing public, in spite of the abnormal, times through which- we are passing. ' "'Customs duty collected ■ at the nf Wellington^yesterday,• amounted- to. JE6591 7s. Bd. . • SOUTHERN MARKETS. ' .. By Telesraph.—Press Association. Chrlstchurch, August 17. There is no business doing in wheat, and In view of the drop in prices of Soul* it is difficult to placo a value upon grain. Growers are not offering any wheat, and have not lowered their idea of values which is. considerably higher than millers would .be prepared to agree to. There is no business to record in. oats, but oat-sheaf ohaff is dull of sale, and tlio price has receded to £7 at country stations. Potatoes are firmer, and are now quoted at £5 10s. to £5 lss. METAL MARKET. By Telegraph—Press Association—Copyright . London, August 16. Copper.—On the spot, £67 15s. -to £78; j three months,- £69 to £69 55.; electrolytic, £80 to £81. . ; Tin.—On the spot, £151 to £151 10s.; three | months,. £155 to £153 10s. Lead.—Soft foreign-, £20 15s. to £20175. 6d. Silver, 22.7-Sd'. per ounce stanflard. - j • ,WHEAT. ] London, August 16. The -wheat market- is firm and Inactive. 1 Prices are unchanged.