COMMERCIAL ITEMS

Dominion, Volume 10, Issue 3073, 8 May 1917, Page 8

COMMERCIAL ITEMS

INVESTMENT SHARES. Prices of investment stocks yesterday •were as follow :— Buyers. Sellers. \ £ £. A. £ s. d. Bank N.S.W ..37 0 0 - Bank N.Z. (£3 6s. Bd.) .. - 12 4 0 Bank N.Z. (£6 13s. 4d.) ... 17 1 6 ~ TJnion Bank 54 0 0 — National Mortgage — 3 16 6 N.Z. and K. Plat© - 1.18 6 Well. Trust, Loan, Ltd. 6 19 0 7 2 6 Well. Dep. and Mort. ..066 0 8 0 Well. Gas (£10) - 14 2 6 N.Z. Shinping (nref.) - 10 15 0 Union Steam (ord.) 2 6 0 2 7 0 TJnion Steam (prcf.) .... — 114 Huddart-Parker (ord.) .18 8 19 3 Woll. Woollen (pref.) 3 15 0 - Westport Coal 18 0 19 0 Westport-Stockton (pref.) 0 11 2 — Lcyrand-O'Bricn 15 3 — N.Z. Drug 2 9 0 - Customs duties collected at tho port of Wellington yesterday amounted to £3345 12s. 6d. HIGH COMMISSIONER'S MARKET BEPOET. The Department of Agriculture, Industries, and Commerce has received the following cablegram, dated 'London, May 5, from the High Commissioner for New Zoealand. (Note: Quotations,' unless otherwise specified, arc average market prices on spot):— . ■ ■ . Meat—Prices are now higher for homekilled mutton and English lambs, owing to small supply of all descriptions of frozen meat. Home-killed beef in fair supply. New Zealand mutton, per lb., 83d.; ewe mutton, Sid.; Argentine mut.ton, small sunplies, 10d.; New lamb, 10d.; Argcntino lamb, lid.; Patagouian, 13|d.; North American lamb, 14Jd. Argentine chilled beef, hinds, U£d.; fores, lOd. Butter.—The market has a firmer tone since last report. Danish butter, 2045. to 2085.; New Zealand butter, salted,.2o4s. to 2065.; unsaltcd, 2C4s. to 2085,.: Australian, salted, • 190s. to 1945.; unsalted, 1925. to 1965.; Irish creamery, 190s. to 1945.; Argentine salted, 186s. to 188s.; un6altcd, 188s. to 1925. Cheese.—Market continues firm. Canadian, white and coloured. 1625.; States Flats, 160s. Estimated Canadian and States cheese stocks, London, Liverpool, and Bristol, 23,000 boxes, against 74,000 at same time lost year. New Zealand cheese, Port, of Liverpool official figures give stock as 6700 crates. Hemp—Market nuict. but firm. Government are now considering Manila freight charges. Ho Mantle, offering. New Zealand, nuotflliqns are nominal. Sellers ask for fair, on spot, £80. Wheat—Market.firm, with more inquiry. • Oats.—Market remains firm. FROZEN MEAT MAEKET. Messrs. Gilbert Anderson and 00. (Messrs. Mellsop. Eliott and Co.. Palmorston North, local agents) Teport on tho frozen meat market, under date London, February 23, as follows:— There wasagaiu a heavy pitching of

Home-grown meat, and, with a slightly improved, demand, prices roso to tho extent of Jd. per ib. Qovernment-controllod meat, wns released in a very smiiU nuanlity—loss than half tho usual—but, it -was not Rrcfttty missed. Uncontrolled is meeting with a fair demand, araa.ll cajxiases hoills in chief request. Shipments Burin j January, 1917 (as far as advised!. Frozen loosen Frozen Chilled mutton, lamb. beof. beef. Australia — — — ■' — New Zo.la.nd 250,100 128,400 19,600 — S. America ... 7Z.MO 15,000 M 2.000 21,C00 325U00 143.400 251,600 21,000 January. 1916 257,243 326,901 296,024 103,000 Market Prices for Weeks Ending: Feb. 23 Feb. 25 fob. 16 Home-Browu- 1917. 1916. 1917. (1. d. d. d. d. d. Beef, sides 115-13 81- 81 116-123 Mutton, wethers .... IU-13 10 -10J 11 -121 Mutton, ewes 10J-1H 8-83 10-U Mutton, Dutch — — — Tegs 11J-13J 94-12 Ui-tf! Lambs 14-15 101-13 13 -14j Pork IU-13J 104 115-135 Veal, best 12 -134 Ml 12-14 FrozenMutton : N.Z. and Australian wethers 83 73 8a N.Z. and Australian ewes 8* 7- 74 8i S. Anier. -wethers 103-lOi 72-8 ICJ-lOi Lamb: N.Z. and Ans 10 9- 8J 10 S. American 12 - 12 -Hi Pork 108 8 11 Chilled: Argentine oi, fores and hiuds 10 -Hi 7- 83 101-111 MINING NEWS STOCK EXCHANGE. By Telegraph.—Press Association. Auckland,, May 7. Sales-Auckland Gas Co., 235. 9d.; Contributing, 21s. Dunodln, May 7. Sales.—Union Steam Ship Co., 455. 3d., 455. 3d.; Westport-Stockton, 7s. 2d.; N.Z. Dairy Co., 51s. Tho Murray Creek Gold Mining Co., Ltd., adviso that a satisfactory trial run of tho. new battery was made on Thursday last, and crushing operations are now iu full swing. ADDISON'S GOLD MINING CO., LTD. Sluicing has commenced with one shift. It will toko a- week or two to open out the face, and it is then tho intention of the management to run three shifts if the necessary labour is available.