COMMERCIAL

Greymouth Evening Star, 2 October 1928, Page 2

COMMERCIAL

FROZEN MEAT. Messrs Dalgety and Go. ’s report, dated London, September 27, is as follows : — Lamb. —New Zealand prime Canterbury 28/361bs, 10 3-8 d; North Island 28/361bs, 10<l; Canterbury 36/42, 10 3-8 d; North Island lOd ; Canterbury lamb , second quality, 9 3-^.l; North Island, second quality, 9gd; Cantei - burv 42/501bs. 9 3-4 d; North Island, 9;d? Market weaker demand moderate. - Mutton. —New Zealand Canterbury mutton 48/56, North Island, Canterbury 56/64, 7 3-Bd, North Island 7LI j Canterbury 64/72, 7d; North Island 6 7-8 d; Canerbury ewes 48/64 5 3-4 d; North Island sJ>d. Market weak/demand limited. Beef —New Zealand prime ox-beet lands s£d, fores 3 3-4 d Argentine chilled hinds fores 4 a d. Market weak; demand quiet. ort /, nn p or k —New Zealand porkers 80/100 lbs 7£d, 100/1201bs. 7^l; English porkers 80/1001bs, 9d.

WOOL SALES. London woo] sales continue. Better competition, sellers meeting the market more freely, but withdrawals still heavy. As compared with closing rates of last series : Average merino greasy 10 per cent lower, good merino greasy, 10 per cent lower; merino greasy, inferior and faulty, 10 to 15 per cent lower; scoured merino, 7-J, to 10 per cent lower. Other descriptions as previously quoted. • BUTTER AND CHEESE. The New Zealand Dairy Produce Board has received the following market report from its London office dated September 28: — Butter. —New Zealand salted 180/184 up to 186/ ,unsalted 186/ to 196/, first grade whey 166/, second grade whey 162/. Delievries New Zealand this week 650 tons, in store New Zealand this week 4100 tons. Australian finest salted 168/174/, unsalted 182/188/. Argentine finest unsalted 176/182/. Irish Creamery salted 176/178/, unsalted 184/. Danish 195/196/ spot, 190/ 191 f.o.b. Dutch unsalted 192/194/. Esthonian salted 180/182/, unsalted 184/186/. Latvian 176/180/. Siberian 160.162/. Ukranian 164/168/. Butter market quiet except for unsalted, which is firm owing to short, supplies. Retail prices unchanged. Cheese. —New Zealand white 114/, coloured 111/112/, exceptionally 113/. Deliveries New Zealand this week 5700 crates. In store New Zealand tills week 35,500 crates. Canadian white 112/114/, coloured 111/114/, c.i.f. 112/. Australian white 110/112/, coloured 108/110/. Market quiet, retail prices unchanged. English finest farmers 132/136/; market firm. Mesprs A. H. Turnbull and Co. (Christchurch) are in receipt of a cablegram from Messrs W. Weddel and Co., Ltd., dated London, September 28, reading as follows Danish butter 195/ to 196/, New Zealand unsalted 187/ to 196/, salted 180/ to 184/; unsalted butter nominal price ; market quiet. New Zealand cheese white 114/, coloured 111/ to 112/; market qiuet. Canadian white cheese 112/ to 114/, coloured 111/ to 114/. ALEXANDER MINES LIMITED The gold returns for September are as follow:—Battery, 93 ozs. 17 dwts melted gold from 40 tons. Cyanide, no clean up has been made. Total estimated value, £375. The report for September is as follows: — Bull Crosscut —This crosscut has been driven with two men and is now in 40 feet from surface. The country is solid and underlying very evenly to the eastward. We should be very close to the line of Bull reef at the end of next month.

No. 2 South Drive.—Two men have been employed here for a footage of 41 feet. Several small boulders of stone np to 6 inches in width have been passed through, but have all been embedded in country rock, leaving no track worth following.

No. 4 Level North —Only six feet 'have been driven here for the month, making the total 131 feet from crosscut. The small footage driven is due to the men usually employed here takingextended leave. The face shows no change, the country lying very flat. No. 2 Mullocky Crosscut—Crosscutting has been carried on for an extension of 16 feet, making the total to date 125 feet. The face has been hard and tight making progress slow, but now,..seems to have changed, for the better.

Aerial Line —Seventeen chains of bush have been felled on the route of the new aerial line. The total lengths to be felled being about 62 chains.

New Battery—The work this month was greatly hampered by the bad weather; however the sawmill 'was got in satisfactory going order and the heavy timbers for the ore bins ■were cut and put into position also a good deal of ordinary building timber was cut for the battery house. A hut was also erected on the battery site as there is a shortage of accommodation for the ‘workmen.

STOCKS AND SHARES

AUCKLAND, October 2

Sales: Hikurangi Coal ord. 5/7, Renown Collieries 13/1, Waihi 13/11, National Insurance 16/5.

CHICAGO WHEAT.

NEW YORK, October 1. Chicago wheat: December 116?. cents, March 1201, May 1233.

HOMELAND WHEAT

LONDON, October 1

Wheal: Cargoes, quiet tone owing to American advices and reports of good rains "where most needed in Australia. Parcels declined, mostly threepence. Liverpool futures, October 8/113, December 9/lg, March 9/3g, May 9/4§d.