COMMERCE & MINING

New Zealand Times, Volume XXXIII, Issue 7915, 26 September 1911, Page 6

COMMERCE & MINING

GOLDMINING MOUNT LYELL SHARES. By Telegraph—Press Association—-Copyright. LONDON, September 24. Mount Lyell shares are at £29 and £2l ss. Tho weakness is owing to the labour troubles. ADDITIONAL DREDGING RETURNS. PRESS ASSOCIATION. DUNEDIN. September 25. Tho following aro additional dredging returns for the week: —Worksop, 113 oz 4d\vt; New Trafalgar, 14oz 4dwt; Waikaka United No. 1, 1707,; No. 2, 14 oz sdwt; Hartley and Riley. 19oz lOdwfc. GENERAL MARKET CABLES FROZEN MEAT MARKET. Dy Telegraph—Prose Association—Copyright. LONDON, September 24The Frozen Meat Trade Awjooiation’fl amithfiold market quotations lor the undermentioned classes of frozen meat cure based on actual sales of not ices than one tiundred carcases of mutton or lamb or twenty-five quarters of beef of fair average quality. The quotations are not for selected lines, but for parcels fairly representative of the bulk of the shipments now on the market. The prices which follow are on an average a farthing per lb more than the values ex ship, this difference representing an average cost in expenses, handling, conveyance, and selling

A PALL IN TEN. LONDON, September 24. Tin, on the ‘spot, as quoted at £172 per ton, and at three months £159 10s, a drop of £1 15s since Friday last. The decline is attributable to large holders selling, HIGH COMMISSIONER’S REPORT. The Commerce Division of the Department of Agriculture and Commerce has received the loilowing cablegram from the High. Commissioner for New Zealand, dated London, September 23rd. (Note. —Quota.loas. unless otherwise specified, are average market prices on spot); — MUTTON. The market is quiet, but firm; stock is moderate, Canterbury is scarce. Canterbury 4|d (id rise), Canterbury light wedghfc ogd (£a rise), North Island heavy weight 3*d per lb. LAMB. The market is firm; a large supply of Scotch and Dutch this week affects the market. The demand is falling off, bub output is satisfactory. Moderate supplies coming forward, and prices are well maintained. Canterbury bid, other than Can terbury s&d per lb (prices unchanged). BEEF. The market is quiet, but holders arc firm. Market ha® been favourably affected by chilled beef. Offerings are very small Now Zealand hinds Z'i<i (unchanged), force 2id pec* lb Ud rise). PORK. New Zealand pork 5d per lb. BUTTER. The market is firm, with an upward tendency, on account of a moderate 'supply; the Irish strike also affects the market. Danish 155 s (3s rise), Australian 125 s (3a ri c -e.‘, Siberian 12is per cwt (2s rise). CHEESE. The market is active, with a good demand, and holders are firm. Canadian 72s per cwt (3s rise). New Zealand cleared. HEMP The market is quiet, but moderate business doing:. New Zealand good fair spot per ton £l9 15s, fair grade £lB 15s; fair current Manila £2O; forward shipment Now Zealand good fair £2O, fair grade xi 9; fair current Manila £2O 15s, The output from Manila for the week was 25,000 bales. WOOL. The market is quiet and small bttsineea doing. WHEAT. There is a poor demand; buyers are holding back on account of high prices. New Zealand longbexried wheat spot ©x granary per quarter of 4961 b 34© 6d, shortberrled 33s 6d. OATS. Market firm owing to reduced supplies. New Zealand oats short (sparrowbiiis) ex granary spot per quarter of 3841 b 21s 9d, Danish per quarter of 3201 b 18s 3d. BEANS. There is a firm market; supply is running short. Home crop is small and of average quality. New Zealand beans f.a.q. (old crop) per 5041b‘ 34s 6d. PEAS. Market very quiet; nothing doing New Zealand peas (partridge) per 6041 b 395. COCKSFOOT SEED. , No change to report. (Note.—The previous report ou cocksfoot -seed wae that dated August 26th, and read as follows: The market is quiet. It is' reported that the Continental crop is medium in quantity and of good quality, and selling at 05s per cwt,;

ilie moat: Sept. 16. Sept. 23. Alutton— d. d. Canterbury, light 41 4i Canterbury, medium .... 44 41 Canterbury, heavy A Southland 35 35 North Island, best 315-16 515-16 North Island, ordinary ... 33 , 33 North Island, ewes 3 5-16 53 Australian, light 3i 34 Australian, heavy 33 3 3*16 Australian, ewes 315*16 315-16 River Plate, light 33 33 River Plate, heavy 5 7-16 3 7-16 River Plate, ewes 31 38 oaznb — j Canterbury, light 5 5-16 5 5-16 Canterbury, medium .... 5 5-16 5 5-16 Cuntcirbury, heavy 5 6 Southland 65 64 North Island, best 54 64 North Island, ordinary ... 51*16 61-16 Australian, best • Australian, fair Australian, inferior .... River Piato, best 43 43 River Plate, seconds .... 44 44 frozen Beef— New Zealand fores .... 23 23 New Zealand hinds .... H 34 Australian, fores 21 28 Australian, hinds 33 3 9*16 River Plate, fores 24 21 Kivor Plate, hinds 33 44 ■Jhilldd Beet— River Plate, fores ..— 2| 3 River Plate, hinds 4* 4« •None offering.