COMMERCIAL.

Press, Volume LI, Issue 15452, 3 December 1915, Page 8

COMMERCIAL.

(By Cable.—Preee Association.—Copyright.) WHEAT. (Received December I'iid, 7.-10 p.m.) LONDON, Decomber 1. Tho market is rather nervous, owing to uncertainty regarding stocks from North America. 11l Chicago there is a "bear" movement owing to favourable weather, and the influence of the Canadian situation. December options are quoted at 106$ to 104J cents, and May at loSjs to 107;} cents. METALS. Copper—Supplies. 32,499 tons ; dcliveries, 36,439; stocks, 15.01-j; all oat, 3500; visible, 20.068. Spelter—£l)B to LBS. TALLOW. Afc tho sales 880 casks were offered and 841 sold. Quotations: Mutton, fino 52s 9d, medium 50s; beef, line 52 s 3d, medium 50s. Stocks, 75-58 casks; imports, 1764; deliveries, 5309. v ■ '.RABI.HT SKIN'S. At the sales, 2000 bundles were offered ;ind met a good demand. Nearly all wen; sold. Australian showed an ndvancu of Id. furriers' sorts I'd, Now Zealand Id to 2d, and furriers' 4d..„

AUSTRALIAN l'ltOUirCE MARKETS. (Received December 2nd, 8.5 p.m.) SYDNEY. December 2. Oats—American, 3s to .'is Gil; Tasmanian whifu, 3s Gil. Maize—South African, 5s 10d u> (is. Barley—Malting, 4s. Potatoes—Tasmanian. old, £14; new. £20; American, £14 to £15. Onions—Victorian, old, £4 to £5 10s; new, £0 to £G. ADELAIDE, December 2. Flour—£l2 to £12 10s. Bran—lljd to Is Id. Pollard—ls sd. Oats—2s 3d. HAAVARDEN SALE. There was a yarding of only 200 sheep a.nd a few head of cattle ac tho Hawardon Rale yesterday. • Shorn fat ewes made 16s lid to 17s; wethers, to 19s; and store {.wo-tootli ewes and wethers. 14.5. Dairy cows sold up to £8 Us. lOd. CANTERBURY FROZEN" MEAT CO.

Tlio report of .tho. directors of this company for the year ended November 30th shows that the net profit for tho year i 5,£53,044 7s 2d, which, with the amount brought forward from last year, makes the amouut at credit of profit and loss account £55,134 9s od. Out of this, substantial additions have been made to tho various rescrvo funds, and after such apportionments, and deducting tho divklend paid at tho halfyear, there remains a sum of £13,529 13s sd, which the directors propose should bo dealt with as follows:—To payment of a further dividend of 3 per cent, on the prefercnco, and 4 per cent, on the ordinary shares, making a. total dividend for tho year of 6 per cent, and 8 per cent, respectively, £7314 4s lid; to carry forward, £0215 8s 6d; total, £13.529 13s sd. The quantity of stock dealt with at tho company's works amounted to 1.125,971, being an increase of 53,042 head. Tho profit and less statement shows tho following additions to reserve:—Renewals and replacements reserve account, £10,000; general reserve, £15,000; insurance reserve, £10,000.

JOHN SON VILLE STOCK SALE. (i'RESS ASSOCIATION TELEGRAM.) WELLINGTON, December 2. At .tho' Johnsonvillo fat stock sale, good entries of sheep and cattle sold at lato rates. Prime bullocks made £15 7s 6d to £15 10s, lighter £14 15s to £14 17s <3d, vealers 29s to 255, heavy vealers £2 14s to £3, prime heavy wetbers 25s 6d to 2'6s Id, primo ewes 22s 6d, fight ewes 20s lid to 21s 6d, .extra prime ]nmt>K 17a lOd to 17s 9d, lignier 15s to 15s Gd.

CHBISTCHURCH STOCK EXCHANGE. YESTERDAY'S QUOTATIONS. . Buyers. Sell-ere. £•. d. £ 8. d. INSURANCE— New Zealand G 5 0 — Standard .. i >al 1 14 3 — MISCELLANEOUS— Canterbury Farmers' Co-op (Timuru .. 2 16 0 — N.Z. Consolidated Dental — 110 N.Z. Pru£ Co. (£2 pd.) — 2 5 0 N.Z. Farmers'' Co-op. .. 2 5 6 — N.Z. Portland Cement O 10 0 — Wliiloombo and Toinba 51G 0 — MTNIXG— Talisman .. 017 0 — YESTERDAY'S BUSINESS ON OTHER EXCHAXGES. (PRESS ASSOCIATION TELEGRAMS.) AUCKLAND. Saio:—'Wailii, SGs 3d. "WELLINGTON. Sales reported:—Bank of New Zealand (new). £16 ioa; Union Steam Ship (ordinary), 2ps 3d. Closing mining quotations:—Murray Creek (old), buyers 3-is: Murray Creek (new), buyers iss premium: Murray's Freehold, sellers 255; Now Sylvia, buyer# sd; Rosa, buyers s*d ; Ta'isrnan, "sellers 17s 3d; Waihi, buyers, 363 (ox).

DUNEDIN. Sales Teportcd :—-Dominion Rubbers, 22$ 3d. .MINING. HURRAY 01 IKK Kg COMPANY. (PRESS ASSOCIATION TEfiECIIAM.) WEL LI NG TON. December 2. Tho return of the Murray Cxeek Gold Mining Company for t!v> month of November is us fo'lown:—Crushed 547 tons, yielding 55-loz me-it-ed gold ; 300 tnns cvanided produced 48;>z bullion, the upproximate value being £2360; 'distar.ee driven un rt-ef No. 3 level, 174 feet, width oJ roof in fivee, j lYc-t. ROSS GOLDKIELDS. (press association telegram.) WELLINGTON, December 5. The R063 mine reports for tho wesk ended Xovcmlxr '25th as follows: — "No. 0 east diivo-n 20 feet in three feet pay ivaab: No. 16 nouth driven 9 feet, encountered clay bar, waah low grade: east drive off No. 12 south advanced 17 feet. This week's return, 50oz 9dwi of gold from 708 traAe."