COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2642, 13 December 1915, Page 8

COMMERCIAL ITEMS

INVESTMENT SHABE.S. • No business was done in investment shares ,011 Saturday. The quotations were as under:— Buyers. ' Sellers. *r ,• , „ , £t. d. £3 d. National Bank 5 2 6 — •Bank N.Z. (£3 63. Bd.) ... - 10 3' 6 *Bank N.Z. (£6 13s. 4d.) ... — 16 5 0 Union Bank — 51 5 0 Well. Trust, Loan — 7 5 0 National Insurance — 2 6 3 N.Z. Insurance 6 4 6 — 6. British Insurance 415 0 — tGcar Heat (£1) 4 0 0 — ■ Well Meat Ex. (£2l2s. 6d.) 213 0 — N.Z. Shipping (ord.) — 18 0 0 N.Z. Shipping (pref.) 10 10 0 — (Union Steam (ord.) 14 9 — fUnion Steam (pref.) — 1 1' 3 Well. Woollen ford.) 419 6 — Well. Woollen (pref.) 3 6 6 — Westport Coal — 18 6 N.Z Drug 2 4 0 2 5 0 Golden Bay Cement — 10 0 Ward and Co 5 0 0 — • W.F.O.A. (£5) 613 ,6 6 10 *Ex div. . fCum dir. THE EGG MARKET.. The New Zealand Poultry Industries, I/td., reports full supplies of eggs reaching the market, but the demand is so keen that the eggs are oleared immediately they arrive. The wholesale price a-s from to« day will be advanced by Id. per dozen t» Is. sd. Poultrymen complain that the action of the Government in lifting the embargo on wheat export, together with reported shortage (which official figures do no bear out) has induced holders to advance the price of wheat fully 9d. per bushel. Fowl wheat users are compelled, they allege, to pay for wha-t is pure nrani-. pulation of the 'market. The increased price is, of course, passed on to the consumer in dearer eggs. Pollard has been raised in sympathy, and poultrymen have to pass that on also. Customs duty collected at the port of Wellington on S&turddff amounted to £5452 13s. lOd. WOOL SALES. By Telegraph—Press Association—Copyright (Eec. .December 12, 5.5 p.m.) London f December 11. . At the wool sales choice 'wools were scarce, and for theso there was an extremely excited market, fancy prices being paid for the best lots, especially scoured merinos and New Zealand halfbreds. The following were the, prices realised for the fleece portions of the clips named:—"Gear," top price 23d„ average price 13ad.; "Onewha,". top 16d., average 16d. To date 33,378 bales have been catalogued and 31,197 sold. There was a spirited sale, and • all qualities fully maintained the recent advance. Messrs. Murray, Roberts and. Co., Ltd., have received the following ca-blegram from London, dated 10th instant: "Market very l<een with hardening tendency;'ell descriptions of wool 15 per cent, above closing rates of lastealeß; faulty wools fully participating." • NORTH BRITISH AUSTRALASIAN. (Rec. December 12, 5.5 p.m.) London, December 11. The North British and Australasian Company made a loss for the past year of £2972, making the total debit balance £9011. WHEAT AND FLOUR. (Ree. December 12, 5.5 p.m.) London, December 11. • Wheat.—The market is quiet, and occasionally easier. The pri'co asked is 635. 9d. per quarter. Chicago December options, 1153 c. to 112 c.; May options, 117 c. to 1132 c. I The wheat and flour afloat for the United j Kingdom was 2,020,000 quarters, for the Con--1 tinent 2,455,000 quarters. Atlantic shipments, 911,000 quarters; Pacific, 13,000; total for Europe, 1.240.CC0 quarters.

FROZEN-MEAT. (Rec. December 12, 5.5 p.m.) London, December 31. Tho Incorporated Society of Meat Im. porters' Smithfleld market quotations for frozen meat are based on actual ealee of not lese than one hundred carcasses of mutton or lamb, or twenty-five Quarters of b«ef. of fair average quality The quotas tiono aro not for selected lines, but for parcels fairly representative of tho bulk of tho shipments now on the market. The priceo which follow are on the averajje q farthing per lb. more than tho valuei ex ship, this difference representing the aver age.cost- .in expense,- handling, conveyancc, and selling of./the meat:— Ituttoni— a. Canterbury, light 7 Canterbury, light (seconds) 7 Canterbury, medium Canterbury, heavy 68 Southland 73-8

New Zealand, best none offering New Zealand, ordinary ... none offering North Island, owes 73-8 New Zealand, ewes 6 Australian, heavy none offering Australian, light none offering Australian, ewes none offering River Plate, light 6g River Plate, heavy 6 3-8 River Plate, ewes none offering LambCanterbury, light 7i Canterbury, seconds 7 Canterbury, medium 7$ Canterbury, heavy 7 Southland 7 North Island, ordinary 65 North Island, selected. 74 Australian, best none offering Australian, fair none offering Australian, inferior nono offering River Plate,'first quality Q River Plate, seconds 61 Beef— Argentine, chilled fores 5§ Argentine, chilled hinds 74 RABBITS. Rabbits are dull of sale, and prices aro unchanged. LONDON MARKETS. (Rec. December 12, 5.5 p.m.) London, December li. Jute.—Native first marks, December-Janu* ary shipments, £27 ,per ton. N.Z. Hemp.—January-March shipments, £36 15s. per ton: Rubber.—Hard fine Para, 2s. Ujfd. per lb.; plantation, 3s. 63d.; smoked sheets, 3s. 5Jd. Copra.—November-December shipment, £27 15s. per ton. Cotton.—December-January shipment, 7.43 id. per lb. Silver.—Bar silver is quoted at 262 d. per ounce standard.