COMMERCIAL ITEMS

Dominion, Volume 9, Issue 2765, 8 May 1916, Page 8

COMMERCIAL ITEMS

vV:. INVESTMENT, SHAEES. The following were' Saturday's quota-, tious for investment shares:— Buyers. Sellers. ■■',■■ £ s. d. £ s. d.. Eanki ............... 5 4 0 —'. Bank N.Z. (£3 6s. !d.)..'.... 10 18 0 - ■•• Bank N.Z. (£6 13s. 4d.) -... 17 0 0* '- - Union Bank ;.... 53 10 0 — Loan and Mercantile (ord.) 80 0 0 — Well. Invest T. and Ai .. 010 6 - .Well. Trust, Loan,-: Ltd. . — 7 1-0 Christ-church Gas (£5) ... 7 6 6 —, N.Z. Insurance 6 5 0 6 7 6 Huddart-Parker (ord.) ... 1 1 3 12 3 'N.Z. Shipping (ord.) 20 0 0 . — Union' Steam (ord.) ..1113 0 — ■ Waipa, Coal 018 3 019 0 .Westport Coal 19, 6 110 0 ;n.Z. Drug .'. '.. 2.'4 6 ', — . W.F.C.A. (£5) '..;; 517 6 - ' Customs duty collected at the port of Wellington on Saturday amounted to £1655; 85..1 d.. LONDON "WOOL SALES. By Telegranh—Press Association—Copyright (Eec. May 6, 7~.30 p.m.) London, May 5. The wool -sales have closed. There was sold for Home consumption E6.0C0 bales, for the Continent 60CO bales, and 7CCQ bales were held over. The market closed very strong. Compared with March closing rates, choicest merinos advanced 5 per cent., medium 10 per cent., and faulty 10 to 15 per cent. The Russians are still taking good scoured, otherwise all merinos are taken for the Home trade.. Fine cross- : bred advanced a, halfpenny,. coarse a penny, medium a penny, scoureds folly 5 per cent., and slipes a penny. All classes of lambs' wool were 7i per cent, dearer. It was a confident market, with the widest Home competition throughout.

The following were the prices realised for the fleece portion of the clips.named :— Blackwood, top prico 27£ d., average price 25Jd.-;- Narracoortc, top 22Jd.; average 22 3-Bd.; Craigmore, top 19d„ average 17Jd.; Burling, top 19d., average 18 3-Bd.; Paparatu, top 175 d., .average 17id. WHEAT AND FLOUR. (Eec. May 6, 11.50 p.m.) ; London, May 6.. Wheat.—Tho market is quiet, but steady, with little demand for cargoes.'Chicago' May options, 1113 cents to 113J cents; July options, U2J cents to' 114| cents. The wheat and flour afloat for the Unit,'ed, .Kingdom totals, 3,475,000 quarters, for ; •the Continent 4,185,000 quarters. Atlantic shipments,.£67,ooo quarters;. Pacific, nil. Total for Europe; 1.615.C00 quarters; Argeu-'. tine, 277.C00; Australasia, 189,«0.

FEOZEN MEAT. The frozen meat market is nominally unchanged. Supplies aro scanty, liabbits are quiet aud unchanged. LONDON JIAli-KETS. Ootton.-May-June smipment, 7.81Jd. per New Zealand Hcnip.-Tho market is quiet. Jligli-point, fair, llay-July shipment, £47 10s. per ton. Jute \s a . t J V 0 flrßt narks, April-May shipment, £32 15s. per ton. - Itubber.pHard fine Para, 2s. lCd. per lb.; smoked sheets, 2s. 9Jd.; plantation, 2s. OJd.