COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2709, 2 March 1916, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. I There were no transactions in investment shares yesterday. The quotations were as follow:

Customs duty collected at the port of Wollrnrrton yesterday amounted to £3280 17s. lod. LONDON WOOL SALES. By Telegraph—Press Association—Copyright London, February 23. Ihe wool sales oipened with a hesitant tone, competition biu'ne confined to Yorkshire buyers.- American orders were plentifuJ. but there were no purchases owiue to the. Government's refusal to errant ex. port licenses. Wool caitaiogued: ilucluded 4833 bales Aust-reJian, 2560 bales New Zealand o,nd 407 Cape Colony. A good average 'selection of all sorts. There was a large attendance, and prices rcoedod fittra last sales' Inflated level Crossbred* all ronnd wore 5 to 7J per cent lower, good merinos par to 5 per oeni ' and shabbier 5 to 7i per ccnt. BROKERS' PRIVATE HEPOBTS. Messrs. Dalgety and Company have rr. ceived the following cablegram from their London office, under date February 29:-- 'The second series of wool sales have opened. There was an average "elee'lon and a good attendance of buyers. Comm.--tition was fair. As compared with flm closing rates of last sale, greasy merinos were 5 to 7» per cent, lower, amd scourwl were at par to 5 per cent., lower. Grcisv crossbrcds were from par to 5 per ccnt lower, slipes were unchanged." Messrs Levin and Co.. Ltd. liave re ceived the following cablegram 'from their agents in London, dated February 29--"Wool sales have opened. Merinos 'ire pai- to 5 per ccnt. lower thaa closing rates of last scries; cvossbreds, 5 ner rout cheaper." Messrs. Murray, Bobei'ts and Co., Ltd have received the following wool cablc' gram from their London friends Mew: Sanderson, Murray and Co., London, <kVd Fcbruaa-y 2S:--£t',les huve opened with good attendance of buyers amd fair competition. Combing merino, good par to 5 per ccnt. decline; inferior merino 5 ,ncr decline" crossl)rc<l ' par to 5 PCI* cent, Messrs. Abraham and Williams, Ltd have received the following cable message from London-, da,ted February 29The sales ha,ve opened with good-competition. Prices have gone down for all sorts from nar to 5 per ccnt. SYDNEY WOOL SALES. By Telegraph-Press Association-Copyright (Bee. March 1, 11.20 ,p, m .) Sydney, March 1. At the wool sales the embargo placed on the export of crossbred wool, excepting to the United Kingdom, has somei-hat restricted competition, but prices arc being maintained. WHEAT. London, February zi Thi> wheat market is dull consequent on weakness in America and Canada; 68s. 9d Is asked* for Australian per sailor from three ports in February, METALS. Copper-On the spot, £105 10s. to £105 15s • three months. £103 ss. to £103 10s, Tin—On the spot. £188 10s. to £188 5s • three months, £188 IDs. to £188 15s. Pig-iron, 83s. Lead. £53 2s. 6d. and £33 7s, 64. Spelter, £110 and £95.

Huyera. Sellers. Bank X.Z. (£3 6s. 8d.) ... 10 U 0 Union Ban! 5012 6 — ■ Gisborno Gas ... 1 11 6 . Napier Gas (£5) — a in n ®\Vcll. Oils (£10) - 16 0 tt r ell. Mrxit Ex. (£212s. 61) 2 16 6 " - " ' N.Z. Shipping (ord.) 19 10 0 — Union Steam (ord.) ......... — 18 0 Union Steam (pref.) ...: — 110 Waipa Ooal 0 18 0 — N\Z. Drug 2 5 0 — Sliarliind (ord.) 14 6 — Sharland (pref.) 14 6 — IV.F.CU. ■ (£5) - £ l o 'Ex dividend.