MONETARY & COMMERCIAL.

Nelson Evening Mail, Volume XLV, Issue XLV, 21 March 1910, Page 6

MONETARY & COMMERCIAL.

AOKNT-CENLHAL'S KIWI 1

(Press Association.— Copyright.)

(Received Mar. 21. 10.40 a.m.l LONDON, Sunday

■A wheat cargo of Australian s<U at a cargo at 39s lil-d; three cargoes of 14.00 D (juarti'i's South AusrraPian and Victorian. (Vpecled :n March, and 05)0 tons Victorian yo-: steamer. Februarv shipment, sold at 395.

The wool at the sales to date totals 117.1 US bales catalogued, and 110.03J sold. Americans are buying mn.'c crossbreds. Prices wen' in sellers' favour, and yesterday' selection, clrci'|v speculators' second-hand lots, i\\"'isedl'ull late rail's. The sales included clips Kiwi. Okirae, top price, 13d. average .KU-jd; -Kankawa. 14'od, average 13'/sd; Tit i. J 3d, average .llVsd; A when, 13d, average lO'-jd. In hides, thc sales were neglected, and prices are unchanged. The stocks of Autraliau leather in first hands are exhausted.

Rabbits ar e flat. Large Sydney store, 10s Gd, Melbourne. 14s; M.eibourncs, for present shipment, anoffering at 1-s 6d. Hemp is dull, aud consignments afloat are quoted at £-4 10s. ■Copra is strong, with fair business South Sea, in 'bags, £24 12s fid. Cotton is at 27.900. a lb.

Silver is at 23% don ounce. Tin on pot is at £145 2s 6d, and at three mouths £147 6s. Lead, £l3 Is 3d. Shares: Waihi, buyers £9 ss; sellers £9 10s; Junction, buyers 3s 3d; sellers 33s 9d.

The Bank of England weekly returns are: Stock of coin, £23,112,000; reserve, £24.943,000; proportion of reserve to liabilities, 49.32; notes in circulation, £27,903,000; public deposits. £9.644,000; other deposits, £40.89(5,000; Government securities, £13,970,000; other securities, £29,891,000. Discount on three months' .bills, 3 9-16 th pe; cent; short loans, 3% percent. Consols are at SI Vs. New South Wales 4 per cents, 106%; New Zealand 3'/> per cents, 98'4; Westralmn. 3i/' per cents. 98%; Tasmanian, 3 per cents, SG'/j. The rest are unchangel. Sugar.—German, 14s 6d; first matus 16s 6d. Oats are quiet. La Hata Apul Mav. 14s Id to Ms l' . The .butter market is slow, .l.gl prices checking busincs. The wamio weather also is having an offtict though Continental supplies are stiV. insignificant. Danish. 130s to 134sAustralian choicest. 1245; secondares; New Zealand choicest, 1265. Argentina, 1245. Cheese is firm. N'ew Zealand, 60s tr 625.

At the kauri gum sales 570 eases were offered, and 200 sold at full rares

rfIGH COMMISSION IWS REPORT WELLINGTON, Monday.

A cablegram from the High ( ' O, » missioncr, London, dated ]oth March says:— The multon market is strong, am prices arc advancing for all descv.pMons. The demand is principal; speculative on account of the difli cultv of obtaining supplies. Holler: •ire'firm. Average prices: Canterourv 4V»<l: North Island, -J'/id; AvisWilton, 3 5-Sd; River Plate. 3 : ; id. Th, •unifl) market is very firm, with a general active demand. Average pnecs: Canterbury. "> o-Sd; other New Zealand. 5%d; Australian and Rivei t'Male, 4 : ; id. The beef market is firm. The stock is small, and high prices are restricting business in New Zealand beel. Now Zealand hind-quarters average -i"sd; fore-quarters, 3 5-Sd. The butter market is steady, with a moderate demand; but the high !c vol values restrict business. Buyer* arc holding back expecting prices tc ; o lower. The shipment of J<»rinthic arrived in good condition. Average price: Choicest New Zealand Sutter? 124s per cwt; Australian tuif. Argentine, 121s; Danish, 130s; Siberian, 1225. The cheese market is very fir.i 3uver<i are cautious, and business "> •iiill. New Zealand finest white che-"u ii .".veraging G2s; coloured, 60s. The hemp market is, quiet, with small bnusiness doing. Prices o[ spot:—New Zealand good to tair. £2.. per ton; lair, £24. Manila, current £24 10s; April tc June shipments, good to fair, £24 10s; fair, £23 10s;iu Manila, £23. The week's output of hemp from Mani.a was 26,000 bales. Ttie wool market is firmer for merinos; but not quite so firm for medium and coarse crossbreds.

, WELLINGTON STOCKS AND SHARES. (Special to "Mail") WELLINGTON, This Day. Mr A. T. Bate, Welington, reports the Wellington Exchange at noon to-day as follows; ' , e. d. National Bank 124 6 Bank of New Zealand 192 6 Welington Trust and Loan, seller 144 0 Folding Gas 21 6 Gisborne Gas 50 0 A\ ellingtoii Meat (second) 2 0 Gear Meat (second) 53 0 Wellington Meat (third), seller 56 0 New Zealand Shipping 157 6 Wellington Woollen (ordinary) 62 0 Wellington Woolen (pref.), paid 50 0 •., , seller 50. 0 Westport Coal, buyer 122 6 Westport Coal, seller 125 0 Leyland and O'Brien Timber 4 3 New Zealand Drug Co. 47 0 Portland Cement 40 0 Sharland and Co. (pref.) 22 0 Ward and Co., seller 100 0 May Queen, buyer 4 3 May Queen, seller 4 5 Sylvia, seller 4 10 Saxon, buyer , 1 7 Saxon, seller 1 9 Talisman, seller 51 9 Waihi, sales 187s, 188s 6<l, 188 3 Waihi Junction, buyer 32 3 Waihi Junction, seller 33 0 Consolidated Gollfiels. sellers 22 0 Progress, seler 15 0 Ross Golfiels, buver 8 0 Ross Golfields. seller z 8 6,