COMMERCIAL.

Press, Volume LVII, Issue 17072, 17 February 1921, Page 9

COMMERCIAL.

WOOL realisation. (B- Cable—Press Association—Copyright.) (Australian and N.Z. Cable Association.) LONDON, February IS. The Wool Realisation Association is now generally called "Bavrra. A lull meeting of the Colonial Wool Merchants' Association unanimously adopted, the sub-committee's proposals as to offerings and valuations, excopt that late arrivals, tv tho Avrshire, Surcey, and City of kdm-burph-an aggregation of 7085 bales-will not be A ir ftroug feeling eiiatcd that it would be unfair to sell "Bawra," wool in England oillv and confine Australian sales to free wool It va3 also contended that, in any echeruo to regulate the proportion of offerings of "Bavru," and iree wools at future London sales, account must be taken of sales o{ "Bavrra" wool at Liverpool Hull, Antwerp, and elsewhere. TA London mcssge, received on February 11th, stated that at tho woo! Bales, commencing on February 22nd, bales of Government and free wool would be-offered. k sub-comiuittee of tho Wool Merchants # A 9* social ion had arranged that all free arrivals till February 11th would be availab.». It recommended adherence to the valuations based on tho closing prices m January.]

„ SHARES. (Received February 36th. 5.5 p.m.) LONDON, Febnmrr 15. nnd. 0. share* —Buyers £315, sellers £335. Dulgetv's, £J> 35?. COCKSFOOT CHOP. lie Blight drizzling rain that set in I«sterday morning put another effectual stop on harveTing operations in the cocksfoot paddocks. It had been preceded by four day? of bright, suuny weather, during M^ threshing had made such rapid progress that in several cases the «e*i is «'U safely l«g e Tlie use of tho small threshing machine is now becoming fairly general and a few days of seasonable weather is sufficient, as a rule, to see a fairly large crop "cleaned out. ihe time-honoured old flail is being relegated such paddocks as itro too rough or too hilly to allow of tho macliino being moved about with comparative case and safety. Reports of yields show that they aro from 10 per cent to 30 per cent, in excess of last year s, with no deterioration in the quality of the seed Tho rather doleful predictions of the pe«eimists in the early, summer huvo not been fulfilled. Last week it was reported that a giilo had been effected at SJd per lb. This Is the highest prico ono has heard of so far. SALE OF MOTOR-CARS. Jones McCrostio Company, Ltd., sold by public unction yesterday the following motorcars:—On account of the estalo of the Jsiw Mr H. J. Shaw, two-seater Hupmobilo to Mr 'Griffiths for £105; ou account of Mr H. T. Bates. Flanders car to Mr Archibald for £4O: on account of Mr Crawford, five-seater Ford to Mr Lake for £l3O.

PRODUCTION OF QUICKSILVER. (SPECIAL TO "TUB PRESS.") DUNEDIN, February 10. Jt is not often that one hears quicksilver mentioned as one of the products of New Zealand. The first export of quicksilver from the Dominion in 1918 was of four and a half tone, valued at £21.22. Professor D. B. Waters, of the Otago University, paid a, visit durincr th© vacation to tho mine at Pulii* pfuKi, in tho "NVhangarei district, and lie that the Auckland company which is operating there, having a dozen or more mew ftt work, knows how to treat tho quicksilver, and is now and then sending away a few ton*. Tho -professor seems to be impressed ■with tho value if the doposit and its possibilities commercially.

burnside market. (PRESS ASSOCIATION TEM3GKAM.) DUNEDIN, February 16. Largo yai'dings wcro the order in. all departments of fat stock at Burnside to-day. Owing to labour troubles et tho local frc«zing works, freezing "buyere wcro somewhat aloof in tho bidding, as difficulty was anticiI pated in getting' stock elaughtored. Pigs | wcro in largo supply, and «old at reduced rates. It was noticed that tho representative of a firm new to Burnside wua operating for sheep and lambs, chiefly tho latter. Sheep—There y/as a full yarding, numbering 8315 head of fair quality. Competition ives siack in consequence of tho labour trouble at the local freezing works. Export buyers' operations were of a very restricted: character, resulting in lower prices having to be accepted. Priuio wethers made 32s to 385,. medium 20s 6d to Sis, light and. .unfinished sorts 22a (kl and upwards, prime ewes 28s to 325. medium 2ts to 275, light and aged 17a 6d and upwards. Lambs —There was <v-yarding of 1721 head of fair quality. Competition was good, and freezing buyers were operating. Prices were about on a. par with last week's rates, ranging from 21s Gd to 35s per heed. .Fat. Cattle —There wa& a largo yarding of mixed quality, tho total number penned being 185 head. There was a'good demand at the commencement of tho talc, and prices wero somowliat firmer than last- week's rates. Prime bullocks made £l9 10s to £22 10a, medium £l6 to £lB, light and unfinished eorts £l3 10s and upwards, prime hcifeM £ls 15s to £l7 17s 6(1, medium £l3 to £l4 355, light, and aged £8 10a and upwards. Store Cattle—A. largo yarding wan offered of varied quality.' Owing to the continued dryness of the season, would-bo purchasors were somewhat afraid to operate, and in consequence, J ate values were not maintained. The sale was of a very dragging nature. Piitß—A full yarding of mixed eorts waa offered. Competition was very slack, and lato values wcro not maintained, a reduction of fully 15s pfr head having to be accoptcd in order to effect sales.

COMMERCIAL REPORT. Report of weekly shlc:.—Account Mr -T. Gill, carrier, van, liorso,and harness, £125; account Mr Marriotts 'Jt spring drays £35 and £43, cow i'lOj account Air Priestley, bay mare JLI-2, 2 dogs 33s and '27s (xl, pair traces £2 sa, rug 255, hicerno cutler 255, collars 20s to 30s, spray pump 25a, barrow '27s Gd, wheat 19s to 235, meal 13s, Garton oats I.Bs, chaff }3 to 4b Od (slightly damaged), dnchesse £2 3s, do. £lO, bud £l, linoleum £2 12a Od, hens Gs to 7s 9d, .ducks Gs Pd to 0s 3d, cockerels 7s 9d. Haviug sold: Section, situated corner Bletso<j avenue and Selwyn street, account Mr W. H. MarlSiall, to Mr 11. Roberts, at satisfactory price. 899G H. C. SMITH, Auctioneer. CHRISTCHURCH STOCK EXCHANGE. LITEST QUOTATIONS. Buyers. Seller*, £ s. d. £ «. 4. DEBENTURES— N.Z. Govt, 44 per cent. Bonds, 1939 .. N.Z. Govt. 5 per cent. Inscribed, 1927 .. 89 10 0 N.Z. Govt. 5b per cent. Bonds, *-1933 BANKS— Australasia .. S3 10 0 National of New Zealand 512 G / New South "\Vn.les (cum div.) .. .. Union of Australia INSURANCE— New Zealand .. 16 0 South British .. 1 131 3 Standard .. .. 2 a 0 LOAN AND AGENCY— Dalgetv and Co. .. SHIPPING— Adelaide Steamship .. FROZEN MEAT— N.Z. Refrigerating (10« , paid),, cum div. MISCELLANEOUS— Bunlop Rubber .. 116 N.Z. Farmers' Co-op. paidl .. .. 2 0 0 2 3 6 Papuan Products .. 0 1 10 Weeks (£5 paid) ) .. 7 0 0 Weeks (£2 10s paid) .. 310 0 - Whit combo and Tombs 2 19 0 WELLINGTON, February 16. Sales on 'Change—Bank of New Zealand, £2 7s 2d; (War Stock (1936), £S7.