COMMERCIAL.

Press, Volume LV, Issue 16704, 12 December 1919, Page 12

COMMERCIAL.

LONDON WOOL SALE P. CaMe— Prenj Copvrirht.l iAiutirxa»n ar.4 N.A. Cai.V ißw:r«l Di-rerr. -r 11th. P ■"■•> L'iNPON, Dccern Swr - At ir«s wool w' l '.o-.i-r- 1 f. rwrir.'" ivnrc i:r."'K..r. f' ylifrbtiy harder 5' r ic<> Tr.ero wa» v - : " or ; ' - 1 * iwcfr li'iainp ?■ r vi'i' 1 .-- ,-••?•* a* •<« J«T" r .*l rvlvanec it. BPJTAI :;•••. MEAT SUPPLY. htk co.vn ry.-r.r.r.Kjr, !'<:«. T.!>»r i\*» iv NV»," >t- T-. t Mr >> I'm* i MirM*'. •""* Sir Auc>.in<i <w~!do«, Prc'.'ii•: : v.hr, js piirrhn* - jn,for;«-ri at. r '"' (jargon "f KT.ov.nr m< .>t fr'-.:; <"•.> !. S.r Au.-klawi «;!:• 'V i ... "h'j <ie«iro *.:;<■ rrrr.'j.ml fro:.*: control. M.- eifi'V v..th ',. n —* a: I** rir.U tT.:: p'.! -ie .•?.*. ?*wir»r.c re'e-r.-i?w ' U,u? Si-v-" >* th* prffl*.r;, I•*•■■.l-i *!..■* ,n 'in- i.r.ncH ••! •}-•> Ar::'-ncan M»i'. Tntft. LONDON. PrTorr.her 0. Mr <• A. ifoT»;Hr. Miaiatry. "''a* '•'♦• Tor "■' *t ro rr.'-r' nio no.v ■ i»illnt- ; . durh-.r-.v- t'KT '■ ir-'v*. 1 >~. :crs fr-'Zer. rr.«J.l i r:mr in ."'jir'-. "I'/i - arrival to th. 'r i of .f.vrjary ar-« litf f] Ifi proT;ti<- !';7 " *"l tor* nt frwi Tb*< mn»T:n'.ptlon "f :n:■-, ( :***.! is t!l» rr."-.nthJv. Tiif Ministry of Food insrorVr Arstraliar. arf] N>w Zriltnd at 10vJ jyr p-o-ir<l • j n Kr.iflarrf. It := ftold tlic p.irae ; ri.-j. ar.'l a'. *i! avcraco nric> r.f JM :t SHAKKt. 'luteivcd 11th. .'i.j p. 3.' LONDON 1 , l/ocombpi 3. D..ir;p;v »nfl Co.. Ltd.. £H l&n (ci dividond 1 . 171K STEP.LINO KXCIIANOfJ. WA^.iINfJTON. Df--f.ml.fr I'. Tho "'-ernDsj rato rcarhtd 3 *7J dollarn. 'Flpo-inwl Dwvmlwr !Tlh, 1 ~.'f> ;t.rii ' NEW YORK, Doa<inb<?r 10. Tim storlinp oir.hinpc 3. a .0J jolUr*. BRinsn FOREnr.N trade. r,ONTX)N, I)<y«inr>cT f>. Th«> Pritinh for N(T7onibcr incr«wed v.- £3«.7'J4..W. rxportn by £43,891,10f». and ro- • xport* liv X1T.3P.25.1, corr.porcd with the •i-rviotw November. METALS. PcwnnhxT Utb. 11.in p.m.) LONDON, December 10. Copper—Spot £101 2s Od, forward £102 llr. iH. clectrolyiir i'UO. wire bars £112. I^!»d—Spot jMO 7s fid, forward £10 Ifti. Spoiler—Spot ££}. forward £30 100. Tin—Spot, £306 }2« Cd. forward £»e Cd. Silver—7i»}d per otitic©. AUSTRALIAN MARKF.TS, K'wiywl Ueoembpr llili, 11.U» p.m.) SYDNEY, Dctfraber 11. '•""Aiperian Gri fo (Vi 6u, Tivsmaniati (Vi -'J to f* Cd. Bsrloy—f upo G« Cd. |'5 to Us 3d. Potatoes—Taftinonian £"J6. "nions—£s to £12 10«. A DLL AIDE, 11. ')»(*—yj ( n Jj, TEMUKA STOCK SALE. TWe vas a (rood attendance of farn-.c-'s »i!'l oihern iiitorestwl at thin week's stock »rile. About 1500 «hcep were yarded, including <00 fats, which sold well. Stores were bivirl to quit, otvrx-rs" reserve* tejr.f rather hiffb. Th<> ranp« of value a was ru fol4 low*:- - Put ewes 24b to 17s. fat wcthora «<1 to, -10s, fat lambn 23» and 28s, «tort» ewes wetbers 25« 6d to .th Gd, lambs 7s Bd <■*(; hoKffel* a?.v fat cattle J.lO 15* to X'ls' etoro cow« X 7 l.>, to £8 lfta. he if ore £t : ) to £10 15*. yearlings £1 Us lo £5 r.s ? «;ilvc.4 in Cd to 2Ds, bulb £5 5k 1o £10, dairy I atlle £8 to £11 15a, wcancr and storo iiifrs I JU to 41s, porkers -Ms. JAM PROM THE DOMINIONS.

Oar London correspondent writos that ir. n '<k»' *o prorido for certain clunees of jam! imported from the * llritisli iJominiors mad* from fmiU of varieties r.ot khjvvh jn, Mio United Kingdom, tho Fooj Controller: hail approved a npocial nrhnhilp of pritn-s. Tb« hijfhwt price allowed for anv of tho ; aboro dot* not exceed tho liiehwt nrico in The tinder the Jam (Prices) Order, 1919. No wpecial price is provided for I)o. minion jam* correspond in? to similar nmnufiotutes product*! in tho ignited Kinpdom.

THA.DE in casein. The opinion in expressed bv tho "Rmpir* wntrt) our London correspondent, that there » emery pronpect of an errtrade being done between Britain and New Zesland in casein. It is mentioned that Birmingham has worked up an extensive ovrmem in articles mn&> from riwein, which ■i chemically treated «nd solidified, and issues from the factory in sheets and rods of varying thickness. The developtncnt of I the British dye industry has made it possible to impart a rich diversity of colours to the material, and u the marrofacturers have "mssternd the secret of polishing it to a fine e learning anrfaoe, its adapability for conversion into nicknacks is unlimited. The Tnanufactarora hrro overwnio aQ tho technical difficulties and are now sending out in large quantities a ffcat variety of articles mode from coMin. ft is also being used ! for carriage and motor-car fittings, and ii said to be proving very useful ss an insnlator in aeroplane' construction. The good* Birmingham is making' aro claimed to be superior to anything Gormany ever produced, and it took the manufacturers onlv two years to make casein a business proposition, j FRUIT EXPORT. (press association telegram.) WELLINGTON*. December 11. The Director of Horticulture states that the Government hits approved a recommendation to pay Id per 11> net on all fruit exported duriic 1920, on tho understanding that similar conditions to those formerty imposed are observed. THE RICE'MARKET. The local demand for rice is estimated by wholesale merchants to havo fallen by about half since the price increased from 2Jd to B<J per lb (says Tuesday's Auckland "Herald"). II is considered that vcrmicilli and tapioca an being used instead of ric<-, thus the market, although very low, is not absolutely bare. The Maheno brought 1700 bags of rico this week, and this will considerably roliero the position. Tho wholesale T>ru.o has increased by £5 a ton during iho last fow weeks, but this increase has not been passed on to tho public. An interesting point in connexion with the rice famine, mentioned by an Auckland merchant, is that it is increasing the demand for peanuts, which aro being used for food by natives of Java and Batavia. instead of rice; as a result tho price of this small and ponular nut has lately increased by about 30 per cent. SUPPLY OP TIMBER. It is reported on reliablo authority tb.it tho Tongariro Sawmill Company is at last (■boat to commenoo operations, and intends lo baild mills capable of cutting 40,000,000 lest of timber a year. Tho block in which the timber is situated is between Kakahi and Tokaanu. It comprises 63,C00 acres of bush with approximately 30.000 ft of timber per acre, and 30,000 acres of bush with 25,000 ft per acre. This timber will he brought to Kakahi for shipment on a railway which the company anticipates building, and will mako a start early iiejt year. I Within a few years the Hne will hare | ■■ocn extended 16 miles into tho block, whero ! s centre will be establwhed. and tho remain- j in« portions of tho bush will be milled. Heekta* this enormous quantity of timber | to be milled, the railway would mean access i in future to some 25<>.006 arms of really good j tarming land, which i» now partly cleared i :ir.d ready for settlement. j CHRISTCHURCH STOCK EXCHANGE. j YESTERDAY'S TRANSACTIONS. } Sales reported: I r.ion Bank <>f Australia, i iin Cs 6tl; Eclipse IVtrol ptiid), £S Is; i S.Z. Farmers' Co-op., £2 Is ."VI ; ;.*.Z. Reirigorating (10s paid}. £1 4s il. LATEST QUOTATION'S. j Buyers. Sellers, j £ s. d. £ ». d. BANKSCommercial of Australia I (4 p.c. cum pref.l 61? o — I New Zealand (£3 €a 8d I paid) — It 17 6 j Union of Australia .. — 13 2 6 ; LOAN AND AGENCY— ! Goldebrough Mort (Mel.) -CO — | SHIPPING- ! Huddart-Parker 0 7 D i $ 9 , P. O. Dei. Stock 6CQ 0 i> — | FROZEN MEAT — 1 Canterbury (cum dtv.l 15 ur, ... j N.£. Refrigerating (Xs paid) -- 2 4 0 North Caotby. freezing 3IS o _ COAL— Taupiri •• — . nl7 ts Westport -- 1 11 '> Westport-Stockton S px. non eum pref.) "10 B Ht. Torlesse Colliery .. 0 12 6 WOOLLENS— JCaispo ••

GASChristchurch .. — G "a 0 Eh-. •• r.KIES— Crovr, .. .. — I IS 0 Mi.--:, n- .. — i 3 G CKMHN!S— (. ,:,ku IV-iv .. 019 C — hi c:-:Lr..\NFous— «e.i!.:i ,-r.i Co. ( P r#f„ — 1 I « (->:i;-'C pit*"! |>d.' — '-10 M:u- S'.rv.thcr? .11* p.ti l) .0 IS 0 — N.Z. I'll,- Co. ] 51 — N.Z. r! Mr.k .. •:> ! c - Pan:: .r. I'rcri-.ic-" .. — 0 2 7 mim.v;T:*. r. .. — 0 10 il Waihj Orar.'i — OHO YESTERDAY - .- f- ON CrTHER exchange:-. f TRF.-S A s >O 1• 1 "ON Tur.sxr. Aits.l IM'NEDIN. or. 'C'hiin -" .— Rubber, tie. .Saio roportcd: — Natiora: £3 15*. WELIjINOTON. Si\i rcr.ortcu.- New Zc.i'.ir.-i nt:r;7era:ir.?. £: ii.