COMMERCIAL.

Press, Volume LIV, Issue 16272, 24 July 1918, Page 9

COMMERCIAL.

METALS. fir, Cable.—Press Association.—Copyright.) . (Australian and N.Z. Cable Association.) , 1 (Received July 23rd, 10.5 p.m.) t LOftDOiV, July 23. • Tin—£373 10s. ' ' Other metals unchanged. , RANGIORA market. 'Owing to the unfavourable weather and tufflcnlty in getting stock to the market, iUttre was very little business dono at Raagi.m yesterday. The attendance of farmers very small. The entry of sheep' was .'Only 858, mostly fat wethers, which made J* ?(| to 435, while fat owes brought 28a 8d wßli 6d. .In tho cattle pons there was ona qtiogv, which sold at £12. YESTERDAY'S BUSINESS ON OTHER ' EXCHANGES. / f, ' (mSS ASSOCIATION TKLEORAUS.) AUCKLAND. »:National Bunk, £6; National In,«*»ncs, 52s 0d; Auckland Gas, 29s i Waihi vGpiod Junotionj 12s lid. UOBAiN AND PRODUOE MARKETS, (Bl OTO COMMERCIAL KDITOR.) Tuesday Evening 1 , 'snowstorm has practically suspended ; BJtainots in the market. There is mors do- ■' SU? 111 retail market feed lines, but *«Mng » offering from the country. Pota}jj» .are inolined to be firmer owing to deuyMMi being restricted by the weather. iSSL delivery £6 5s to £6 10s is PJW' opered for white varieties and £6 15s '. or Reds, at country 'JEha following are the prices paid to far- " « country stations, free of commission, •km extra, except where otherwise stated-.— 'liS » wheat, according to Government PJW. South Island, June 5s 11 Jd, July 6a, 4Sfo«t 6». OJd, f.0.0, North Island, 4d ad- • BWoflal. > Algerians 4s 3d to 4s 6d, feed »Ba . 24» Gartens, ta 6d to 4s Dd; 'lS& 10 4t se ® d nn " 4a6d to ss, W(H upwards; good quality Danish to Jfeky Nominal)— Prime malting 6s 3d to medium 5s 9d to 6s. fc. Kftfrt 13 lo# P° r ton » 1001b bsga, £16 £16 108 5 251b bass. £16 15*. Shipping £j io«, local £5 15a per 5 , io ® P® r ton. ®#per # ton bagS £26 pw ton » 7lb b *E* J (N°niinal), hei>vy bright £A to to^?c* in,a * to £B 10s ' iato is B<J. H«avy Perennial 4a 6d to 4« Welti™ M; Itali,a 81 9d to 4a - t SP wolths 4e to 4s 6d. • BW^IS« VW r C Jl an W to la lOd. ' §!r C S ver —6d t0 la 7d. lulTr^ 68 6s 6d, White Ivory ' Bhie )?'SSue. ue Pru *»M 15s to 16s imperiale 16s to 18a •-gtttcJi tares—los 6d. ' §! M,I T^ 6 • m to «, od. ;B»peSeed-4d to 4JdT . to £15. U,. 0^8^ 3 . 58 *5 10s, Dakota Beds £6 according to |

J. '" VALUE OF' MONEY. . MORTGAGES ON FREEHOLD. to bo a fair and won freihnu interest for first mortA ci > & £r Justice j**Tm Fridav n „ < ? ha s? bora , at AuckW which has ;Ca?s, on •""jcral occasions at tho *ah tT ,™r recently arose in connexion tt nr n l ? n '""f? tho Act for .leave a? BU -' ec ' on overduo 001 "- . Tho Court was tl.r!SL tho ermtmg of leave so iSTfntereat Affii $° r paK * 1,30 cu "«nt rata TntnElL were filed by onoosine fiS'Arj^' l °°r Cn y c^ pp s .wv^l?iAuckland considered 5J per cent • rat « while other institutions had 6 per t for $** a i*L%M° Ur 4 doc "ied tho latter fef •"•eonable rate of interest. STOCK MARKET. jS t° * he bolatercras weather of tho jw/fa ■3tm i ?u k®avy snow which §Ptf Sfifc* the ? I Waa ° nl y » small yardy e ,^ P an 4 tti the Ashburton attendance was also was brisk and good prices gpL 0 ™ §e total was 217? gap?™* 16 1 wethers, and ai Umh. ODij

top price for ewes was 29a 4d for a lino of 30 sold on account of Mr A. Kano. A good even lino of 66 wethers sold on behalf of Mr Colin MoKenzie, of Geraldino, brought 45a 4d, and a line of 25 sold on account of Mr J. B. Scott, Tinwold, realised 435. following are the prices obtained for tho few lines which were sold:—Ewea—3 at 103 6d, 22 at 28a 9d, 30 at 29s 4d. Wethers-' 19 at 21s, 66 at 46s 4d, 25 at 425, 25 at 435, 19 at 32s 3d, 9 at 325. Lambs—3l at 245. Tho storee yarded wen 32 boggets, mixed soxca, and in poor condition, which brought 14s 9d and 100 fou£ and five-year-old ewea in lathi} and which wero passed is at 29a •M. , i Cattlo—The yarding of cattle totalled 15, and those of prime quality wore eagerly bought up by the few purchasers who were .present. The top prices obtained were ,£lB 5s for a couple of bullocks sold on behalf of Messrs Horsey Bros., of Alford House, and £15 5s for two more sold on account of the same owners. A single steer brought £14, and another £11. Fat heifers brought £9 15s, £12, and £10 10s,' and a fat cow realised £12. A heifer in profit was passed in at £7 15s, and a coupfo of small steers were passed at £7 2s 6d. THE WHEAT PURCHASE. | THRESHING RETURNS. The following is the total amount of wheat threshed to July 23rd:— Buahele. Tuscan or Longborry .. 3,809,231 Hunters varieties .. 805,827 Velvet or Pearl .. .. 919,929 Seconds .. .. 274,320 Tdtal .. .. 5,807,357 Contracts to purchase good milling whoat aro as follows:— Bushels. Tuscan or Longberry .. 3,058,791 Hunters varieties .. 832,073 Velvet or Pearl •• 645,684 Total .. .. 4,536,553 Fowl wheat .. .. 604,127 The total amount paid to broken is £1,304,848 12a 7d.

EGG MARKET REPORT. . At the auction Sale of guaranteed fresh eggs held yesterday by Messrs Harris Bros., auctioneers, on account of the Egg Fanners' Association, there was a very small sale owing to the difficulty in getting eggs to market. Every lot was sold as follows:— First grade hen eggs 2s 4d per dozen, second grades 2s 3d . to 2s 4d; competition eggs, 2s 4d per dozen, all round. 1 CHRISTCHURCH "STOCK EXCHANGE. LATEST QUOTATIONS. Buyers. Sellers. £ s. d. £ a. d. BANKS— National of N.Z. .. — 6 10 New Zealand ifully pd.) 17 12 0 — Union of Australia .. 56 10 0 — INSURANCE— Standard .. ... 2 10 — FROZEN MEATS— N.&. Refrigerating .. 206 210 WOOLLENS— Bruoe .. .. 1 11 0 — Kaiapo; .. .. 7 3 0 — GAS^— Christchurch .. .. 517 0 517 6 MISCELLANEOUS— Colonial Sugar (Fiji and N.Z.) .. .. — 20 10 0 D.I.C. .. .. 010 0 — D.LC. (6 per cent, cum pref.) .. ..100 — Henry Jones (Melb.) .. 110 0 — MINING.Mt. Read and Rosebery 10 6 116 Waihi .. .. 117 6 118 0 Waihi Grand Junction 0 11 6 — WELLINGTON STOCK EXCHANGE. (SPECIAL TO "THE PnBSS.") WELi-liSGI'ON, July 23. The Wellington share market is strong; that i 9 to say, there is apparently a roo! demand for certain groups of shares, which indicates that there is money for such investment, bht tho shares are not readily obtainable, consequently the volume of business doing is very small. Share investments as j now desired are of • temporary character, I for thoy are only eoucfat because, as the war continues, further advances in values will bo recorded, and they could bo turned over at a profit. The bulk of this money would probably be available for investment in the next issue of war bonds. Some investors are turning their attention to municipal and Harbour .ooard debentures, which aro in demand at prices that will yield a clcar 5 per cent. _ Such securities. however, aro held principally by insurance companies, who are not likely to tell at present prices, which would mean a loss to them.

The Trust formed in connexion with the P. and O. deferred otock given in connexion with the acquisition of the Union Steam Ship Company's fleet ia getting to work, and brokers anticipate doing a fair business in this stock as soon as the Trust is fully established.