COMMERCIAL.

Press, Volume XLIX, Issue 14823, 14 November 1913, Page 14

COMMERCIAL.

(By Cable.—Press Asiociation.—Copyright.) LONDON MARKETS. LONDON, November 12. Waibi shares are quoted at 5Sa 9d. Grand Junction 27s (id to 2Ss 6d. The. P. and O. Company .has declared a dividend on del erred shares of GJ per cent., and a bonus of 5 per cent. Silver is quoted at 2s 3jjd Liiioced oil L'Ls 3d, turpentine 32s Ud. At the tallow sales, 562 casks were offered and 422 isokl. Mutton, fine 37s 3d, medium 345, beef fine, 35s Ud, medium 34s The underwriters receive, 7S per cent, of the West Australian four per cent, loan.

(Received November 13th, 9.00 p.m.) LONDON, November 13. Wheat —The American visible supply is 110.599,000 bushels. MOUNT LYELL COMPANY, (llccoived November 13th, 9.50 p.m.) MELBOURNE, November 13. The report presented at the half-yearly meeting of the Mount Lyell Company showed a balance at creuit to profit and loss, after providing lor all charges, of Jt560,094, and liquid assets in excess of liabilities of XMirtij4-30. The ore reserves at the Lyell and North LyoH mines were estimated at 4,155,000 tons. The Lyell-Comrtcck property ivas being tested with a view to tho possible extraction of -a substantial tonnage by means of tin open cut. This was expected to have an important bearing on tho future of the property.

SYDNEY WOOL SALES

(Received November 14th, 12.5 a.m.) SYDNEY, November 13. Tho week's wool saJe closed with spirited competition in good classes. Merino crossbreds held their own. Greasy super combing sold to 15Jd, a record for the season, but wasty, burry sorts were more difficult to sell. Southern markets show an easier tendency, especially for inferior classes.

AUSTRALIAN PRODUCE MARKETS.

(Received November 13th, 9.50 p.m.) SYDNEY", November 13. Wheat—3s 5d to 3s Gd. Flour —£3 10s. Oats —Algerian feeding 2s 4d to 2s 6d, milling 2s Bd, Sparrowbills 3s 2d to 3s 3d, Giante 3s 3d to 3s 4d, New Zealand A Gar+ons 3s 4d. Barley— Cape malting 3s 3d to 3s 6d. Maize— 4s -Id to 4s 6cl. Bran and pollard— £4. Potatoes—Tasmanian £G. Onions —Victorian £7 10s to £8. Butter—Selected 103s, secondary 98s. Cheese—6d. Bacon—9d to 10d.

ADELAIDE, November 13. . "Wheat—3s oid to 3s Gd. Flour—£7 12s 6d to £8. Bran and pollard— lid. MELBOURNE, November 13. Hides—There was a good catalogue. Bidding was quieter, and prices Jd lower.

AUCKLASTD STOCK ESVHAIfOE.

(PBRSS ASSOCIATION TELEGRAM.) AUCKLAND, November 13. Salea on 'Chanjje:—Waihi, Gla (two parcels), Ok Gd; WaJhi Reefs Consolidated, la 10d; Waihi Grand Junction, 27s 6d (two parcel?); JTew Zealand Crown, 9d; Moanatairi, ljd; Itaas Goldficlds, 15>s 2d (two parcc!e), 12s 3d, 12s 4d, 12s sd; Saxon, Iβ: Hau:aki Reefs (paid up), 6d; Auckland Gas (paid up), 27s 9d. Reported sales:—Kuranui, Iβ sd; Waihi, 60s 9d.

WELLINGTON STOCK EXCHANGE.

(press association telegram.) WELLINGTON, November 13. Sales reported:—Hr.uraki Reefs, Gd; Ross Reconstructed, 12s 2d; Waihi, 61a.

DUNEDIN STOCK EXCHANGE.

(PRESS ASSOCIATION- TKI.KCUAM.) DUNEDIN, November 13. Sale on 'Change:—"Wavhi, £3 0s 9d. Sales reported:—Ross Goldfields, 11s 9d: Waihi Grand Junction. £1 7s 6d; National Insurance, £2 103 (two pa: ces); Weatport Coal, £1 12s; Perpetual Trustees, £1 la 9d.

MINING.

GRAND JUNCTION MINE. (PKKBS ASSOCIATION TELEGKAU.) AUCKLAND, November 13. The following cable has been cent to London by the Grand Junction Proprietary:— "Royal lode, No. 6 level, crosscut west, No. 6, -width of reof 34 feet. Final assay averaged 33s 3d."

NEW SYLVIA MI~E.

Tho following , telegram waa received yesterday by the Christchurch Stock Exchange from the secretary of the Kew Sylvia Gold Mining Company:—"9oo tons treated to Bth November; realised bullion, JB840; concentrates. £200; total, £1040. No picked stone included in this amount."