COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2625, 22 November 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. No business was done in tho investment on Saturday. The quotations wero as follow:— Buyers. Sellers. £ s. d. £ s. d. National Bank 6 0 0 — Well. Invest. T. and A.... — 0 11 0 Well. Trust. Loan. Ltd. — 7 7 6 Well. Dep. and Mort - 0 8 0 Napier Gas (£5) — 9 0 0 Well. Gas (pref.) - 019 0 N.Z. Insurance 6 2 0 — Standard . Insurance 113 0 — • Ohxistcliurch Mea,t 16 0 0 — Gear Meat (£1) — 18 0 N.Z. Shipping (ord.) . — 18 0 0 Union Steam (ord.) 14 2 14 6 Weil. Woollen (ord.) 419 6 5 1 0 Well. Woollen (pref.) ... 3 6 6.* — , Saupiri Coal — 015 : 6 Golden Bay Cement — 10 6 Ward and Co 5 0 0 —. Customs duty collected at the port of Wellington on Saturday amounted to £974 Bs. sa. LONDON WOOL SALES. Messrs. Dalgety and Company, Limited, beg to advise liaviug received the following cablegram from their London office, under data November 19:—"Wool sales closed very firm. As compared with September closing.rates merino scoured super, par; good, 5 to 10; short faulty, par, to' 5; greasy, good shafty, 7; average, 5 to 10; wasty, 5; orossbred, greasy, fine, 10 to 15; medium .and coarse, 10; scoured, fine, 15; coarse, 10; slipe, 10 to 15 per cent, higher. Lambs: /Merino, par; crossbred, 5 per cent, ■dearer. . For the .Home trade 90.C00 bales were taken, for the Continent 13,000, and for America 12,000, whilst 23,000 bales are being carried forward for the next sales. . 'Sheepskins.—Merino and orossbred combings are Id. dearer, whilst clothing is Id. dearer; 4500 bales were offered, and practically all were sold." 1 'Messrs. Levin and Co., Limited, have received cable advice •from their London agonts, dated November 18, as follows:— "Wool sales have closed. Prices for merinos aro generally 10 per cent., fine crossbred ,12J per cent., medium coarse 10 per cent., and slipe 5 per oent. above opening rates." HIGH COMMISSIONER'S MABKET , REPORT. : The Department' of Agriculture, Industries, and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated London, November 18, 1915, in regard to tho closing of the colonial wool soles:—

The . wool sales closed with strong market.. and the demand greater than tho supply. America and Continent are buying freely. Bussian orders for anny clothing helped the market. Best wools lin small supply. " Prospects are favourable; bales slipe wools held over. Esl-'mated values-.—Superior merinos, Is. sd. to Is. Sd.; medium merinos, is. Id. ta Is. 4d. t inferior merinos, lOd. to Is.; fine crosshreds, all grades, Is. 6d. to Is. 6d.; medium crosshreds, all grades, Is. 4d. to Is. 7d.; coarse crossbrsds, all grades, Is. 2d. to Is. sd. • " : LONDON. MARKETS. By Telegraph—Press Association—Copyright (Rcc. November 21, 5.5 p.m.) London, November 20. . Rubber, hard fine Para, 3s. per lb.; plantation, 3s. 2d.; smoked sheets, 3s..lsd. Jute, native first marks, Novembcr-Do-comber shipment, £25. Hemp—January-March shipment, £35 10s. iper ton. Copra, November-December shipment, £28 17s. 6d. per ton. • Cotton, November-December shipment, 6.85jd. per, lb. Butter.—D.mish is quoted at 1745. to 1785.; Australian-, unsalted,, 160s. to 161s. ' ■' WHEAT. ' (Rec. November 21, 5.5. p.m.) London, November 20. Wheat is quiet, but rather firmer. Chicago December options. IC6o. to 104io. May . options, 107|c. to 106} c. The Indian Government has extended tlio prohibition against tho export 'of wheat till furthor orders. FROZEN MEAT. (Kec. .November 21, 5. 1 ; p.m.) London, November 20. : The Incorporated Society ol Meat Importers' SmithfleJd. market quotations for frozen, meat aTe based on actual 6alcß of not less than one hundred carcasses of or lamb, or twenty-five quarters of beef, of fair average quality The quotations are not for selected lines, but for parcels fairly representative of the bulk of tho shipments now on the market. The prices which follow arc on the average a farthing por lb. more than the values ex ship, this difference representing the average cost in expense, handling, conveyance, ,and selling of the. meat,:— Mutton— ' d.. Canterbury, light 7 Canterbury, light (seconds) 7 Canterbury, medium 6J . . Canterbury,. heavy 71 Southland f .. 73-8 /New Zealand, best- none offering New Zealand, ordinary ... none offering North Island, ewes 7 3-8 New-Zealand, ewes 511-16 Australian, heavy none offering Australian, light none offering Australian, ewes ...........'. none offering River l'late. Might ; (J . River Plate, heavy 6 River Plate, • eweß •• 5J Lamb— , Canterbury, light 78 Canterbury, Ucconds 73 Canterbury, medium 7J '. Canterbury, heavy 7j

Southland! > 7j North Island, ordinary 75 North Island, selected ... none afTm'ing' Australian, best none offering Australian, fair none offering Australian, inferior none offering River Plate, first quality 6j River Plate, seconds 6} Beef— Argentine, chilled fores 68 Argentine, chilled hinds 8J RABBITS. Rabbits are dull. New South Wales blues. 225. 6d„ ex store. MINING. -? -? -? s?lb.Y9ui-.i &TJJ MINING NEWS WELLINGTON SHARE MARKET. There was nothing doing in the mining market on Saturday, and tho quotations of buyers and sellers were as under:— Buyers. Sellers. ~ £ s. d. £ s. d. Murray Creek (old) — 1 16 6 "feny Creek (new) — 0 16 6 Murray's Freehold — 1 4 6 Talisman 016 9 017 6 Grand Junction ; . — 110 Premium. DREDGING RETURNS. ' (By Telegraph.—Press Association.) Dunedln, November 20. Dredging returnsOlrig, £50 lis.; Rise and Shine 11, £36 10s.: Rising Sun, £32 Is.: Rise and Shine I, £28 3a ROSS GOLDFIELDS RECONSTRUCTED, LIMITED. The secretary, Ross Goldflelds Reconstructed, Ltd., re,ports as follows on the work at the mine for tho week endine November 11:—"No. 2 east drive has been continued on for 38 feet iu wash just pay- j able for a depth of 2 fert. No. 14 south drive has advanced 18 feet, the pay values in the wash being confined to 2 feet 6 inches. The cast drive off No. 12 south has been extended 21 feet, the wash being payable for a depth of 4 feet. Blocking is proceeding off No. 7, 9, s.nd 11 north drives, and tho north-east drive off No. 3 shoot."