COMMERCE & MINING

New Zealand Times, Volume XXXIII, Issue 7961, 18 November 1911, Page 7

COMMERCE & MINING

THE SHAkBMAEKET WELLINGTON STOCK EXCHANGE YESTERDAY'S QUOTATIONS. MINING. Jlnmuiia—lo am., b 2d; noon, b 2<l; 3.1 a. b 2d. . k „ oa. Dominion fKaransahaker--10 a.m.. b «*. 5.15. I) 111, h 2(1, pales lid (’Change). Knranui Caledonian—lo a.m., b Is ou, s Is 9d; noon, 1> Is aU, s l.s 9c*.. Mav Queen—lo a.m.. b2a 2d; 0.!5. b2s 2d Mouuataiari—lo a.m., b 9d; noon, b 9d, b Is. 1 . , . Mountain King—noon. b la. N.Z. Crown —noon, b 2s 6d, « 2.9 9d. New Sylvia—lo a.m., bla fid, al3 Sd; noon, b 3 s 6d, s is 8tl; 3.15, b Is 6d. Occidental Consolidated—lo a.m.. b f &cl, s 2s; noon, b Is fid; 3.15, b 2s Id, a 2s od. Saxon-noon, b la 6d; 3.15, b la sd. Talisman Consolidated—lo a.m., b£- IC3; noon, b £2 ICs; 3.15, b £2 10a. Victoria N.L. —10 a.m., b 9d, s Is. Waihi--10 a.m., b £3 0s 6d, s £o Is fid; noon, b £3. s £3 Is 3d; 3.15. b £3 0a 6d. s £3 U 3d. „ , VVaihi Grand Junction—lo a.m., b£l l«s 9d, h £1 13s 3d, sales £1 13s (‘Change); noon, b £1 12s fid. s £1 13s. tales £1 12s 9d ('Change); 5.15; b £1 Us Sd, s £1 12s fid. sales £1 12s'fid (reported). £1 12s 3d ('Change). Waiotahi—lo a.m., b4s 4d; noon, b4s bd, 9 ss; 3.13, b 4s fid. Wailangi Consolidated N.L.—lO a.m, b 3s 2d, s 3s fid; noon, s 3s fid. Watchman—to a.m., s 2s. Note.—The letter "b" signifies buyers and “a" sellers. INVESTMENT STOCK. Buyers. Sellers. Sales. £ e. d. £ s. d. £ a. d. BANKSUnion of Australia, Ltd 60 0 0 Financial— Equitable Building Go., Ltd. ... 9 15 0 Wel’u Deposit and .Mortgage Ass’n. 0 8 0 GAS— Feilding Wellington, pref. 0 2 9 0 3 0 MEAT PttXSESTIKO— Christchurch Meat Co 14 7 6 VVelling'n Meat Export, £2 12s fid Shipping— Union Steamship 2 0* 0 MaNKTACTUSINO- - VVelling’n WooTn, ordinary MiscellaneousManning and Co* Ltd Dominion Handmilker •Reported. ON OTHEK EXCHANGES. PRESS ASSOCIATION. AUCKLAND, November 17. Business done at the morning call on the Auckland Stock Exchange included: Kxiranm Caledonian, Is 7d. Is Bd. Moanatalri. 9d. Sylvia, is 8dOocidenlal, la lOd to 2s 2d. Waiotahi, 4s fid to 4s 9d. Old HaurakL Is fid. ...... Talnia Minos. sd. -- • • ■ Grand Junction, 33s to 32s 9d, ' Now Zealand Insurance, 90s. Afternoon call: Occidental Consolidated, Zi 2d, 2s Id, 2s 2d. Waiotahi Hs’lOd), 4s lid, 4s lOd, 4s 9d. Dominion, lid. Waihl, fiOs fid. Wallii Grand Junction, 32s fid. Mountain King, 7d, Tid, 9(1. LONDON SHAKE By Telegraph—Press Association—Copyright LONDON, November 16,’ Stock and sharemarket quotations include :—Waihl Goldmining, 57s fid (buyers), and fios (sellers); Grand Junctions, 33s 9d (buyers), 35s (sellers). FINANCIAL CABLES BANK OF ENGLAND RETURN. By Talegraph—Press Association—Copyright (Received November 17, 9.40 p.m.) LONDON, November 17- . Tho Bank of England return for the , week ended, Wednesday, November 15th, ia as under: latent Dkfaetm«vz.

The leading items of, the Bank of England return afford the following comparisons: —

CONSOLS AND ADSTEALASIAN STOCKS. Current quotations for Consols and Australasian Government stocks, compared with those of lost week, and the corree* pon dins period of last year, are:

•laterott payable ia May and November, flntereat payable ia January and July . llnterest payable in April and October THE MONEY MARKET. i

The Bank of England discount rata, remains at 4 per cent, to which it was raised on September 22nd. A year ago it was 5 per cent. The open market discount rate ior best threo month bill© is unchanged at 33 per cent. At this time last, year it was 4 3-16. Tho quotation for short loans is al<#o unchanged at 21 per cent. At the corresponding time last'year it was 4J. Tho «pen market discount rate in Pans U unchanged at 31 per cent. At this time last ■ year it was 2g Tho Berlin rate i* 2s fid higher on tbo week at 4J per cent. At the corresponding time last year it wav 4J. . GENERAL MARKET CABLES LATEST LONDON ADVICES. By Telegraph—Press Association—Copyright (Received November 17, 9.40 p.m.) LONDON, November 17. WHEAT MARKETS LIFELESS. Wheat markets arc lifeless and tending downward on account of tho optimistic crop reports from Argentine, tho heavy

American visible supply and the poor co:iMiniptivo demand in England. Cargoes arc neglected. Thirty-six shining* and threeiK-m-e par quarter ia asked for South Australian July ©hipmeni, 3fia for Victorian .Sopi-omber shipment, and 55f> 3d for Australian Jannary-Ecl/rnary sUlpinent, Thirtythree shillings and sixpence has been paid for an Australian parcel afloat; 33s 9d and 33* 10jd for Ootobor-Novoinher shipment. There is a. disappointin'? demand for Australian wheat on the spot at 36s Cd to 575. Queensland best 35s fid to 30s; medium 34s fid to 535. Tho market for flour is dull at 24s 9d to 23s 3d per cwt. OATS. The market for oats is flat. Mw Zenlands arc exhausted. La Plata DecemberJanuary shipment 15s 3d per quarter. BEANS AND PEAS. Beans, New Zealand, 35s fid to 35s fid per quarter of 5041 b. Leas. 39s fid to 41s per quarter of 5041 b. BUTTER MARKET FIRM. Tho butter market is firm. Danish is quoted at 12:3s to 127© per cwt (better quality Is lower). There is a good demand lor all classes of colonial. Choicest salted Australian 128 s, occasionally 130 s '2s drop), unsaltcd 130 s to 132 s (4s rise), secondary qualities 12Cs to 123 s (7s to fis rise); New Zealand salted 130 s (unchanged), unsalted 132 s to 1345, secondary qualities 322 s to 1255. CHEESE. The cheese market is Arm. New Zealand 573 fid to 68s fid per cwt, Canadian 69s to 71s. SUGAR. Gorman beetroot sugar, 88 per cent, net ti.trc. is 4d higher at 16s lOd per cwt. first marks 5d higher at 19s Id BRADFORD WOOL MARKET. Tho Bradford wool market is quiet. Quotations: Futures 64’s 24-jd per lb, mipor 60’s 24Jcl, common 60's 233 d (all id lower), other sorts unchanged. PRICES OP METALS.' Copper on tho spot is 12s fid higher at £57 2s Od per ton, at threo months is 12s fid higher at £57 17s fid, electrolytic is 15s higher at £59. Tin on tho spot is £197 15s per ton, at three months £IBB 10s. Pig-iron.—Middlesbro’ No. 5 Is 7Jd higher at 47s fid per ton. Speller is 2s fid lower at £26 12s 64 ton. PRICE OF SILVER. Bar silver is quoted at 25 1&-I6d per ounco. AUSTRALIAN PRODUCE MARKET. (Received November 17, 10 p.m.) SYDNEY, November 17. Tho price of bran and pollard has advanced 5? per ton. FROZEN MEAT. Dalgety and Co., Ltd., advise having received. tho following cabled 'information from their London office, dated November 16th:— Frozen Meat. —Beef: Demand is limited, but prices are firm. Wo quote prime ox fores 21d, hinds 3id. Lamb: Demand is limited, and prices ate weak. Quotations: Canterbury heavy 43d, light s,hd, North Island heavy 4gd, light. 4&d. Mutton: Demand limited, and prices are firm. Quotations: Canterbury heavy 33d, light 4|d, North Island heavy 3£d, light 4d. LIVE STOCK SALES RAUMAI. Abraham and Williams, Ltd., report; At Raumai on Wednesday wo had a good yarding of sheep and cattle and quitted everything under the hammer, vrdGi the exception ,of two small pons. Sheep—Ewe# and lambs’realised 15s to l£s 4d, fat ewes 14* 3d to 16s, fat and forward ewca Us 9A. Cattle—Two-year steers realised £3 t 7s. 3'carling heifers. £2 Us to £3 7s fid, mixed yearlings £2 4s, cows and calves £3 13s fid, heifers in. calf £4 IDs to £4 17s fid. JOHNSONYILLE. Abraham and Williams, Ltd., report: At Johnsonvillo wo offered a good yarding of sheep and cattle to a largo attendance of buyers. Bullocks sold well, but prices arc easier by quite £1 per head upon rates ruling a few. weeks ago. Sheep are also .easing in price. Cattle—-Prime heavy bullocks realised £lO 7s fid to £ll. 2s 6d, prime medium bullocks £9 5s to £9 12s fid, lighter £8 15s to £9, light £8 7s fid. Prime vealcrs 24s to 545, small 16s fid to £l. Sheep— Prime heavy wethers realised 21a 10J, plain wethers 19s, prime shorn wethers 17s Id, medium shorn* wethers 15s lOd, medium owes 18s, plain 17s, prime heavy ewes £1 to 21a Id, prime heavy shorn e™cs 15s Bd, medium shorn owes 12s 9d. to 13a 10d,* prime lambs 13s to 13s 9d. plain 10a 4d to 11a 3d. MASTERTON. Dalgety and Company, Ltd., report:—At the Solway yards (Maatertou) on Wednesday wo offered a very small yarding. The attendance of buyers was very small, and bidding was consequently dull, but most of our entry fold. Sheep—Small woolly hoggets realised 8s to 8s 2d, shorn ewes and lambs (poor condition) 8s 2d, fat shorn owes 11a. Cattle—Springing heifers (backward) realised £4 2a fid, Hereford bull to £9, empty two-year heifers £4 2a, springing cows (late calvcrs) £4 to £5 6s. 9 WANGANUI. Dalgety and Co., Limited, Wanganui, re- 1 port:—On' Wednesday w© had a lair yarding but a poor attendance and a dull &alo. Sheep—Two-tooth ewes realised 12a 4d, small two-tooth wethers 10s 7d, f.m. cwos with iambs 14s 9d. Cattle—Forward cows realised £4 6s. yearling steers £2 17a fid; small do., £1 lie, yearling heifers £3. LEVIN. Abraham and Williams, Ltd., report: At Levin on Friday wo had a very fair yarding of sheep and cattle which, notwithstanding the inclement weather, mot with a brisk sale. Sheep—Ewes and lambs realised 13s 2d to 21s 2d, fat wethers 18s, fat ewes 17s 7d to 18s 9d, fat and forward owes 15s, store wethers 12s lOd to 16s lOd, hoggets 13s fid to l&s. Cattle—Fat bullocks realised £9 10s to £9 12s fid, light fat heifers £5 6s. light fat steora £6 3s fid, two-year forward Hereford heiifors £4 6s, yearlings, choice dair- heifers £4 18s to £6, others £2 13s to £3 18s, yearling steers £2 11s to £3 6s fid, cows and calves £3 2s fid to £4, dairy cows £5 10s to £6 £s, springing hoifers £4 fis, bulls £2 10s to £5 ss. FEILLING. The Now Zealand Loan, and Mercantile Agency Co., Ltd., report: At Feilding on Friday wo had a small entry of sheep and a fair yarding of cattle which sold at late rates. Sheep—Small ©horn hoggets realised 8s Bd, woolly hoggets 14s, owes with lambs at foot 15a, fat sheep to 19s. Cattle— Yearling steers realised. £2 4s, better do. to £2 9s, store oows £4 la, two and a halfyear steora £4 7s, springing heifers (small) £3 8s fid, others to £4, light fat cows £5 13s fid. heifers in milk £5 2s fid to £5 17s fid. cows in milk £6 to £7 2s 6d> springing cows £S 17s fid. . b WOOL, SKINS, AND HIDES. The fortnightly sales of wool, skins, and hides were hold yesterday by the Now Zealand Loan and Mercantile Agency 00., Ltd*., Dalgety and Co., Ltd., United Farmers' Cooperative Association, L:u., with Woirarapa Farmers’ Co-operative Association, Lo yin and Co., Ltd.,,Abraht.m and Williams, Ltd., and Murray, Robests and Co., Ltd. A largo number of buyers attended, and competition was very keen, especially for all good lines of sheepskins, for which an advance of id per lb may bo recorded. Hides sold about on a level with last sale, occasionally being id cheaper for Jots showing want of condition. Wool, excopt oddments, ia being held for next ©ale. Wool (oddments only).—Crossbred and f dead sid to -7id per lb, bellies and pieces I 4jd to sd, locks 3id, crutcbings 4td. Skins. —Halfbrods arid fine crossbreds fiid to 7d per lb, medium and coarso crossbreds sfcd to 61d. dead skins 4L.1 to 4Jd, dead 1 hoggeto 4id to 4£d. green skins 5a fir? to 7a, I spring lamb skina fid to la Bd, green pelta Is lOd. Hides.—Ox hides (heavy) to 83d per lb, ox hides (medium) 6ld to 7*d, ox hades flight) fid to 7d, cow hides fid"to 6|d, out and slippy hides 2,Rl to 6.(d. stag hides 4d to SJ-d, bull hides 4d to 6k i. yearlings fiid to 7id. calf best 9Jd to 103 d, calf medium 7d to 9id. calf (cut and slippy) 4d to fiid, horse hides (hoary) 7a fid to 11s, horse hMos (light.) 5a to 7s fid. Rabbitskins, 8d to 9|d per lb. Tallow.—ln shipping order, good mixed 27s 9d to 25a p*r cwt, discoloured 24s to 24s fid. in tins 25s fid, rough fat 22s 3d, Horsehair, Is to 7d per lb. Horns, 5s to 15s 9d per hundred. Tails, Is fid per dozen. WELLINGTON MARKETS FRUIT AND PRODUCE. With tho approach of tho summer there is noticeable a larger number of different varieties of fruit coming forward, and

strawberries, gooseberries and cherries may now l)c numbered amongst tho line© -or which there is a particularly strong inquiry . .Some excellent quality cherries have arrived tram the South Island, and for these tho demand has been exceptionally keen. Supplies have also arrived Horn Melbourne, a shipment coming to hand yesterday, landing generally in excellent order. Regular supplies of strawberries from the Auckland district arc reaching this market, with a {•anaJl total from Motueka, .The n.mal weekly shipment of citrus fx*uits_ from oyancy arrived on Thursday, and with the exception of for lemons, a good inquiry was noticeable on the part of buyers, oranges selling un to 10s case and mandarins to 13s: lemons were weak owing to ovcr-anpply from local sources as well as Australia. Tho demand for apples is keen; Tasmania, is not, shipping to any extent, and the market is practically bare of Californian, until further supplies come forward in about a fortnight's time. Nelson hothouse tomatoes are making their appearance m email quantities and meeting with a good outlet. Supplies are also arriving from Auckland. Apples, choice dessert 15s fid to 16s on case, prime 15s to 14s, cookers 10s to case; lemons (local), os to 4s; strawberries, choice la 3d to Is fid box, prime lOd to Is ; gooseberries, fis fid to 7s fid half-naso; hothouse tomatoes, choice Is to Is 3cl per ib, primo 8(1 to lOd; cherries, choice locals 21© to 23s half-case. POTATOES AND ONIONS. Old potatoes are still in heavy -supply, and the market is inclined to be very weak. A good demand, however, is etui existing, but tho supply is in excess of the volume merchants are willing to operate in. There has been a ©harp rise in the value of new potatoes during the past few days owing to supplies having fallen off to some extent, and up to 2d per lb for nest samples has been realised, with values down to Id for poorer samples. Tho market is almost bare of Californian onions, and prices have shown a considerable advance, tho present price being 15s to 15s fid per owt; old potatoes, £4 to £4 5s per ton. OTHER VEGETABLES. Snpplios of cauliflowers and cabbage.? have been heavier lately, and tho market is slightly weaker. French beans, carrots, swedes and parsnips are all in strong demand. Cauliflowers, choice 8s to 10s sock, primo fis to 7s fid; cabbages, choice 4s fid to 6s fid sack, prime 3s to 4s; swedes . 40s to 5Cs ton: parsnins, fis to 7<s sack; carrots, 7s to 8s sack; French beans, 5d to fid per lb; green r>ens, choice 10d to la per peck, primo 7d to 9d; pumpkins, 8s to 10s sack; marrowd, 7e to 9s; beetroot, 4s to 5s sack; asparagus, 4s to 8s dozen; rhubarb, 4s to fis dozen bundles; cucumbers, 3s to fis dozen; turnips, 2s fid to 3s fid sack. EGGS. A good demand is existing for -fresh egg's; at tbo same time the market doe© not show any change, values ruling up to lid per dozen. POUX/TRT. Supplies still continue short of the demand, and for primo birds there is an excellent inquiry. Good young roosters 4s fid to 5s pair, fair 3s fid to 4s; lions, good heavy 4s to 4s fid pair, fair 3s to 5s fid; ducks, 4s fid to fis pair; turkeys, gobblers 18s to 21s pair, hens 9a to 11s. Laory and Co., Ltd., Wellington, report wholesale prices ruling on tho market as under:—Wheat, good whole fowls’ 4s fid to 4s fid bushel; oats, good feed 3s 7d to 3s 8d; oats. seed white. 3a 9d; : rye corn, 3a lOd; maize, 3s 9d; ; fowls’ barley, 3s 3d; Cape, 3s fid; crushed malt, 7s fid; partridge peaa, 4a fid to. 4s 9d; pollard, £6 5b to £6 10b per ton; bran, £fi ss; flour. Atlas, £9 5s fid; chaff, oaten sheaf £fi 5s to £6 10s. sacks in; rice flour, £5 15s per ton; potatoes, table, £3 to £3 10s per ton; potatoes, new ‘ lid to 2d per lb; onions. Californian, £ls; baric slag, £4 5a to £4 10s; superphosphates, £4 15a to £5; oatmeal, £l4 10s; rolled oats in 4’s. 9s fid dozen; cheese, medium-sized 6Jd per lb, loaf 7d per ib; butter, prime , bulk. lOd to lid: fresh eggs. lOd . per dozen; honey, 56's bright 4d Ib; llascod nuts. 13s per cwt: linseed cake, crushed 13b fid per cwt: bacon, sides Bid per lb: bacon, rolls 9fd per lb; hams, 9d per lb; fowls, nens 3e to 4s, young roosters 3s 6d to ss; ducks, 4s fid to sa, all at per pair; turkeys, gobblers 8d to 9d per lb live weight, hens fid to 7d. WELLINGTON CUSTOMS. The Customs revenue received at Wel.Ungton yesterday totalled £4074.' WELLINGTON AND OVERSEA MARKETS PRICES AND PROSPECTS. SUGAR. Latest London cables report a lower market for Gorman beetroot sugar, to the extent of 10a per ton, at 16s 6d per cwt, with first marks also weaker by lid cwt, now ruling at 18s Bd. Prices ruling now locally between wholesale and retail are «£2O for No. 1 and la, and ,£l9 10s for No. 2. Under date September 9fch the following report from London ie to hand. A further rise of Is Sd to 2s 3d has taken place. The opening of tho market was characterised by continued activity, with prices showing a further smart advance. Subsomiently, however, .a quieter tone prevailed and muclb irregularity was observable in quotations, as an impression seemed to be about that possibly prices had been driven too high, which led to considerable realise- ' tions, but the market closed stronger I than ever. The long continued drought has boon most disastrous to the beetroots in most districts, stunting tho growth of the roots so materially, as far outweighing the richer contents, of saccharine matter, that tho opinion lias, been expressed that the advent of rains now could not much improve the situation. The weather continues mostly, unfavourable, according to F. O. Licht, and the backwardation is still increasing. Tho reduction in visible supplies, compared with last year, strengthens the cose for dearer sugar, and explains the recent activity on American account, seme considerable transactions having taken place in Java, while there are reports that new crop beet has also been sold. It has yet to bo ; seen whetherpresent rates will chock consumption; if not, a further advance is unavoidable. Some weeks must elapse before tho extent of the beet deficiency can bo arrived at with any accuracy, as it is .upon this the future course of values will be governed. It is on the cards that up to 20e will bo to'uched for beet. During the week several paiccls purchased oni Indian account previously were resold to the United Kingdom, the very attractive level of prices obtainable doubtless proving too much for tho native. A strong run was also made on Russian crystals, and quotations were rapidly advanced. In beet sugar it was specially mentioned that another week of excitement prevailed, prices advancing by leaps and bounds, although there have been several irregular movements. COFFEE. As an indication of tho high state of tho market in regard to this line, the last mail from San Francisco advised that Costa. Rica poaberry coffee was quoted at 31d per lb. c.1.f.e., and fiatbean at 17id to £ld, according to grade. Guatemala was listed at 19fd for peaberry, and flatbean at 17d to 19{d, whereas a normal price is 6d to 8d c.i.f.e., according to standard. Stocks wore advised as practically exhausted, and prices were nominal. In regard to this line, Messrs Brown and Bureau, of ‘Wellington, were notified by their San Francisco principals that “the coffee market continued to advance rapidly during the pa-st month, and it is hard to say whore prices are going to. It is impossible at present to fill orders, as stocks in first hands _ are entirely exhausted, and there is comparatively little left in second hands. In fact there is not enough coffee here at present for consumption for the next 90 days, which is about the time wc shall commence to receive new crop of Central Americans. VTo may be able to offer new crop in season, that is tho higher grades, fand if your buyers want any 'they will havo to act promptly, otherwise the buyers hero nro likely to take everything." TEA. Cables from Ceylon this week advice that all grades of tea are firmer, cspeci- j

ally for commonest descriptions. Owing to a diminution in Russian buying, however, Fannings were advised as easier. Generally, however, the tea market is much above the purity of last season. The auction iu Colombo oi October 10th averaged -13 cents as compared with 41 coats for the corresponding sale last year and 45 cents lor tlie previous auction. The Colombo sale of October 17th was advised,.as active in lono for all grades with the exception of Ousts and Fannings, which neglected by Russian operators. AH broken*, however, were firm to dearer, particularly common leaf grades. Keen competition ruled for orange Lekoes. bo far as the quality was concerned this showed a further decline generally-■ Exports of Ceylon tea to October 19tl>: to the United Kingdom totalled flfl.-00.000.0 as against 91,758,9771 b for tho same period last rear. To Australasia the total export was 18,800,0001 b as against 20,491,63Hb for the same period for 19H and 3010 respectively. DRIED FRUITS.

Transhipracutfi of new Mediterranean dried fruits are expected to arrive here on the 22ml lost, by the boat departing from byduuy on Saturday- Owing to_ several factors, ’the landed cost of those is much higher than in an ordinary season. It iy just probable that new season’s dates may arrive on Friday ex Bielefeld at Melbourne. EASTERN PRODUCE.

The market in the East for tapiocas lias again cased, this time to tho extent of 10s per ton all round. Under date September 9th, London, writes that tapiocas had been quiet, and there has consequently been more disposition to sell. Forward prices, however, remain firm, and there is unfortunately no reason to hope for any material fall. The finer qualities of flake continue to show the best value, but fino seed and 'medium pearl are scarce, and there is a considerable margin between the highest and lowest prices. Poppers have also declined on the week, whites to tho extent of farthing per ib, and black id per lb. London wntos i that black Singapore has sold ah 5 O-t-tkl c.i.f. for January-March shipment, and white Singapore at 8 3-32 d c.i.f. Other descriptions were dearer in proportion, and it is feared that the top has not yet been reached; tho disquieting_point of the position was the poor quality of ifhe shipments now arriving. ‘Australiandressed rice is advised as unchanged, and still quoted subject to confirmation. Rangoon rice has declined to the extent of ,10s per toil. • The outlook, according to mail advice, was not encouraging in regard to now crop, in so far as prices are expected to be above what is generally looked upon as "normal/' There is little doubt that a shortage will have to bo faced, but the extent cannot bo dotei*rained for a week or two, as the result will depend upon the weather iu the rice-producing centres _in the East during that period. Pineapples this week -are cabled with some sizes unchanged, with others reduced by I4d to 3d per dozen. Both gambia and nutmegs are without alteration on the week, and maco is down three farthings per lb. CANNED FISH. , The opening prices for new season’s herrings of all grades aro much higher; one’s to tiro extent of 9d per dozen, and halves by 4-Jd dozen. Shipments for the new season are just about duo in the Dominion. The market continues firm for sardines.. Tho London agents for Trefovennes, under- date October 2nd, state that there will bo practically no : more to be had until next season, owing to the deliveries having been email and a heavy inquiry resulting. The following report is taken from the Liverpool “Journal of Commerce/' of October tHh, from, a Vancouver correspondent, regarding the salmon industry. The salmon, fishing on > the Xrtaser River and adjacent rivers is now practically -over, und : although the Canadian Government gave a month’s extension of the close of the season;- the result has not materially altered tho position of matters. The pack on the Pacific coast generally is very small, and much below even the limited quantity expected and prepared for. Packers find themselves unable to fulfil their contracts, and in some instances can only deliver about 40 per cent, of the quantity sold. The result is that very much higher prices are in vogue than usual, and tho British public will - havo to paY more for their .salmon. •: For* years past -tho relative quantity of has .been getting less and less, and this iu face of the fa’dt that enormous quantities of fisli are being turned out of tho Government hatcheries year by year. It looks as if gradually but surely the, fish -is being exterminated, and that before long Jthe available quantity will only he sufficient to moot the. needs of tho Homo market. Canada is being peopled at an enormous rate, and side by side with this fact the supplies are getting loss, 1 notwithstanding the extraordinary measures that are being talccn• ;to keep . the. industry .alive. It will "be a great misfortune to the working classes of Great Britain to be deprived of this wholesome, cheap and toothsome article of food, but tho end seems within measurable distance, and meanwhile they must expect to pay more than they have been accustomed to. JUTE GOODS.

Calcutta cables denote that the market is firm, and prices are up for all jute, linos* with every .indication H Ahat t tho market' will not decline, owing to the-scarcity of goods. Cable advice also indicates that practically all the freight space has been engaged for the direct steamer for November-Dccember shipment. CASTOR OIL.

The Calcutta market is cabled firm this week, with prices practically unchanged.

Note lam 9 £53,409,000 Got. debt. £11,015,000 Otbtc leouritioi .. 7,434.000 Gold .. 35,020,000 i 53,469,000 , " ,'£53,460,000 *m«» D»PA»XK»KT. proprietors' etpU&l PabUo deposit! .. 0»«r deposits Reet. 7-4*7 *ndoth«r bill* .. £14,553,000 10.^35,000 40.856.000 3.200.000 Got, isoari-. tits .. £14 : 43S,C00 O t h •. r s tcuritles .. 2a781.000 Notts .. 25.202 000 OtU M 833,000 £69,254,000 JE69,231,003

This week. Last week. Last year. £ £ Bullion .... : 35,020,000 34.238,000 33 528.0) Reserve ... .. 26,035.000 24,861,000 24,891.000 Koto c*roT n 23,447,000 28,967,000 28,523,003 ■Deposits . .. 51,501,000 49,644,000 47.509,000 i/r^portiou reserve to liabilities 49.74 .49.74 52.30

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