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COMMERCIAL.

Groymouth reports state that last week’s coal exnort was :—Paparoa mine, 729 tons 14cwt; Blackball. 4,619 tons Scwt; Point Elizabeth, 1,034 tons 12cwt; Liverpool, 1,275 tons 16cwt; North Brunner, o6Btons 13cwt; Brunner, 669 tons 18cwt. Total, 8.697 tons 18cwt.

Tim Now Zealand Loan and Mercantile Agency Company, Ltd., have received the following cablegram from their London office Seventh series dosed firm. Merino steady. Cross-bred, greasy fine. 10 per cent.: medium, coarse, 15 per cent. : scoured and slipe. 5 per cent, to 7A jh. 1 !' cent, higher than October.” MO.SCILL WOOLLEN FACTORY'. The annual report of the Mosgiel Woollen Factory Company states that the operations of the past year, while yielding profits slightly less than those of the previous year, show results which the directors think .should prove satisfactory tii shareholders. Considerable additions have been made to machinery during the pa.:-', year, while only £l7O has been added to the plant account. The board n:u< hj regret the death of the Hon. T. Fergus, w!u>. for 13 years, rendered most Maned service to trie company as a director. Mr I*. 0. I’ryde was called by the hoard to fill the vacancy. The profit and loss account, after the writing off of £5.000 as depreciation, and making spot ia.l provision of £I.OOO for boilers now on order, shows an available balance of £7.824 12s lid. The directors recommend that a dividend of 7 per cent. jut annum he paid, amounting to £5.842 0s 6d. leaving £1,982 12s Sd to be carried forward to the new profit and loss account. MONEY ANH .MARKETS. The returns from the Bank of England show that the iniu and bullion in hand is £(£,9.11.000. the reserve £52.394.000, the proportion of reserve, to liabilities 33.42 per cent. The notes in circulation total £35.530,000, public deposits .fill), 451.000 : other deposits, £140.295.000; Government securities, £17.204.000; other securities. £104.905.000. >hort- loans are discounted at 1.2 per rent., ami three months’ bills at 3 per Rutter.—The market is recovering after sill)', 'veaft ness, ;ie,l Anst ration is selling ret.v’l'y. Choicest salted at 1265; unsaltcd at I IS* to 128s; secondaries. 118« to 1225: Danish, ahmit 1.34s to 1365. ■Cheese is unfit. Canadian. 755. I’ig iron; 495. d nte.— November. £l7.

Sugar.— (! rami kited, spot, 27:- 6d. Une.lford Wooi.—The market is rather quo t, but prices arc firm and unchanged. Rabbits arc firm and unchanged. Hares are practicably unsaleable owing to 11 1 e closing of the Continental markets.

THE MARKETS,

Press Association—By Telegraph—Copyright.

LONDON. November 7.

Frozen 3feat.—The following are the latest quotations for all classes of meat, including ex-store sheen. In the case of those not quoted the price is unchanged : Mutton—Southland. sl’d : North Island, best brands (56-641W, 5Jd; Australian lamb, best brands 6 9-l6d, fair quality 6 7-15 d. Beef—Now Zealand, fores hinds 6 3-16 d; Australian, hinds 6)d; River Plate, chilled fores s|d, hinds guay, frozen hinds 6d, chilled fores sid, hinds sid.

THE WOOL SALES.

Press Association—By Telegraph—Copyright,

LONDON. November 8. (Received November 9. at 8.35 a.m.) The wool sales have closed. There was good competition, and a full attendance. Shafty merinos were 5 to per cent, above October prices, and all crossbreds were 10 to 15 per cent, higher. Shorter, fine-haired combings, suitable for the Continent weakened fully 5 per cent. Lambs, all fine scoureds. carbonising sorts, greasy, and eross-breds dc-clinc-<l 15 per cent. Tho (Board of Trade have informed the Bradford Chamber of Commerce that the prohibition of the export of wool will extern! at least till tho end of 1914. LONDON, November 8. (Received November 9, at 8.35 a.m.) Wheat.—Firm, with prices unchanged. Electrolytic.—Copper. £62 10s. Tin.—Straits, cash, £143. Aluminium, £Bl to £B3.

Quicksilver. £220 to £224. Lead.—Spot, nominal, £lB 10s. Spelter.—Good ordinary brands to ar rive, £24 to £24 10s. ‘

Galvanise.! Iron. —Best. £l7 10s; see ends, £l4 ss. Anglo steel, £l2O.

American Cotton.—Liveropol, Mav and June, 4.34 L

Hemp, quiet and unchanged. .I„te.—November. £l6 15s to £l7. Rubber.—Para, 2s T.UI : plantation 1 (id : smoked 2s 7Jd. '

Copra.—South Seas. October and November, £2l ss.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19141109.2.49

Bibliographic details

COMMERCIAL., Issue 15645, 9 November 1914

Word Count
671

COMMERCIAL. Issue 15645, 9 November 1914

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