COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2626, 23 November 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHAKES. There was nothing doing in the investment market yesterday. Tlie quotations were as follow:— Huyers. Sellers. / £ s. <1. £ s. d. National Bank 6 0 0 — Well. Invest. T. and A. ... — 011 0 Well. Truet. Loan, Ltd. — 7 7 6 Christchurch Gas (£5) ... — 710 0 N.Z. Insurance 6 16 — Standard Insurance 113; 0 — Gear Meat (£1) - < 1 0 Woll. Meat Ex. (£2l2s. 6d.) - 214 5 N.Z. Shipping (ord.) — 18 0 0 Union Htea,m (ord.) 14 2 14 6 Well. • Woollen (pref.) ... J 6 6 — Taupiri Coal : — 0 15 6 Golden Bay Cement ...... 019 6 10 6 Ward and Co 5 0 0 — WHOLESALE PRODUCE PRICES.. ' Messrs. Laery and Co., I/td„ Allen Street, report wholesale produce prices as follow ss. fid. to os. Bd.; barley, 65.; Capo barley, Ss. 6d.; feed peas, ss. '6d.; partridge peas, 6s. 3d. to 6s. £d.; mai'zo feed. 55.; seed, 65.; oatensheaf chaff, £8 to £8 10s.hay. £4 fco £7 10s.; flour in sacks, £13; oalineal. £19; bran, £6; pollard, £3 135.; ricb rollard, £7; onions, £8 to £10; potatoes, '£12 to £13; bacon, sides lid., 1 rolis-ls., shoulders'B3d„ haihs Is.; cheese, medium, -.SJd.j loaf, 9(1.; linseed meal, Now Zealand; £9 10s.; linseed nuts, £13 10s.; wliolo linseed, £18. Customs duty collected fit the port of Wellington yesterday amounted to £1166 93. x ■ N.Z. HEMP AND TOW. WASTED FOE MUNITION PURPOSES. (By Telegraph.—Press. Association.) '• Ohristchurch, November 22. With a view to expediting, if possible, hemp shipments, -Messrs. Wm. F. -Malcolm and Co.; London, have cabled Messrs. Wm. Woods and Co., Christchui;ch, as follows:— "New Zealand hemp eagerly required for execution of Army and Navy contracts. Kemp, and tow wanted for munition purposes,'consequences the delay in. shipments is serious:" • ' LONDON WOOL BALES. The Bank of New Zealand has received the following cable advice from its London- office, dated November 19-.—"The wool sales closed firm; 10,C50 bales New Zealand are held over. Greasy crossbreds are ten to' fifteen, and slipes are seven an.d a half to ten per cent, dearer than tho rates current at close of. tho September series. Current prices are as follow Crossbred, coarse, 17id. per lb'.; crossbred, medium, 18Jd. per lb.; crossbred, .fine, 19d. per lb.; merino, inferior, Hid. per lb.; merino, superior, Bid. per lb.;-merino, halfbreds; 19Jd. per lb.

"AH kinda of sheepskins are ten. per cent, dearer."

The N.Z. Farmers' Co-operative Distributing Company, Ltd., • have received the following cable message from their London agents.—"Merinos, iive to ten 1 - per cent.; flnc crossbrcds, ten; others, ten to fifteen por cent, above last series. Market strong, prospect excellent." / SYDNEY., WOOL SALES. By Telegraph—Prfess Association—Oopyrishl (Rec. November 23, 10.50 p.m.) Sydney, November 23. At the wool sales all the superior sorts sold at the best rates of the' season.' HIGH COMMISSIONER'S CABLED MARKET . REPORT. The Department of Agriculture, Industries, and .Commerce has reoeived- the following cablegram from the High .Commissioner for New Zealand,' dated London, November 19. , (Note—Quotations, unless otherwise,- specified, -ore average market •prices on spot);— . Meat—There lias been no material change in the market conditions during this week. Prices are declining, together with a decreasing demand on account of continued large supplies of Horoc-grown. mutton and lamb ,and Irish beef coming forward. Mutton—Canterbury, 7d. per lb. for light-weight;' heavy-weight, 63d.; ether brands than Canterbury not quoted; ewes, s■'5■' 11-16(1. Lamb— Canterbury, two's, 7Sd. per lb.; heavy-weight fours, 7id.; second-class quality, light-weight, 7id.: other braud3 than Canterbury, aa high as 7Jd. for beßt quality lightweight; ordinary quality, 7Jd. Beef.—New Zealand beef, seoond-clasß quality; per lb., hinds, 6}d.; fores, 4 j ]d.; chilled beef, a small supply, hinds, BJd.; fores, 63d. Butter.—The market is firm at. the advance for best quality. Danish, market firm at.the advance, per cwt., 1765. to 180s.; Siberian, 1265. to 1305.; exceptionally, 1325.; 'New Zealand, firm, 160s. to 1625., up to 164?.; Australian, firm, a small supply, 158s. to IBs.; Irish creamery, a fail-, demand for finest, 1525. to 1565.; exceptionally, 158s. "

Cheese.—The market,is firm, with an upward tendency..- panadian, firm, white, per owt., 87s. to 89&J coloured, 88s. to 905.; English Cheddar, firm, 965. to 100s.; Oheshire. 102s. to 106s.;.New Zealand, nothing offering. / Hemp—The' market is quiet, but firm. Demand spot is good. New Zealand good fail', pel' ton, on spot, £36; fair, £34; Manila, new graded, lair, £41 103.; coarse, £33 10s.;/January to March shipment: New Zealand good fair, ; per ton,. £35 10s.; fair, £33 10s.; Manila, ncv; graded, fair, £41; coarse. .£33. The output from Manila for the week was 26,000 bales. Wheat.—Tho market is quieter. Buyers are more reserved. Canadian, November to December shipment, per quarter, 545. Oats.—The market is slightly weaker, with less demand. Argentine, on spot, Sis'. November to December shipment, :30s. ■ /WHEAT AND FLOUR. : By Telegraph—Press Association—Copyright London, November 21. The wheat and flour afloat for the United Kingdom totals 1,800,000 quarters; for tho Continent, 2,690.000 Quarters; Atlantic shipments, 915.0C0; Pacific, 64,000. Tho total shipments to Europe during tho week amounted to 1,260,000 quarters, including 20.GC0 Russian.