COMMERCE AND MINING

New Zealand Times, Volume XXXVI, Issue 8192, 6 August 1912, Page 8

COMMERCE AND MINING

STOCK EXCHANGE QUOTATIONS. PBEBS ASSOCIATION. AUCKLAND, August 5. Sales at this morning’s call on tho Stock Exchange:— May Queen, Is, Is Id. New Sylvia, Is 7d, Is sd. Waitangi Consolidated. Is Bd. New Zealand Crown, 2s fid. Talisman Consolidated, 425. Afternoon call: New Sylvia, Is sd. Waitangi Consolidated, la Bd, Is 9d. Talisman Consolidated. 41s 9d. Waiotahi, 2a. OHEISTOHUBOH. August 6. Stock Exchange sale reported: Standard Insurance, 3Js fid. DUNEDIN, August 6. Stock Exchange sales: New Sylvia, 2s 7d. Waitangi Consolidated, 2s. Sale reported: Auckland Trains (ord.), 23s fid.

E. W. B. Homabrook, 153, Feathers ton street, Wellington, member Stock Exchange, Specialising In Mining Scrip. Trustworthy Correspondence from all Mining Centres. Telegraphic address; "Horuabrook, WellUngton.'’ COMMERCIAL CABLES HIGH COMMISSIONER'S EEPOET. The Department of Agriculture has received the following cablegram from the High Commissioner, dated tendon, August 3rd. (Note.—Quotations, unless otherwise specified, are average market prices cn spot!: General.—The strike has terminated, and work will be resumed. Mutton.—The market Is quiet, but firm. Canterbury, 3jd to 4gd per lb. according to quality; North Island, 3fcd to 4id. Lamb.—The market is weakening, with signs of a decline. A large supply. Canterbury, sjd to 6d per lb; other than. Canterbury', 5d to Sid. Beef—The market is dull. New Zealand hinds, 3Jd per lb; fores, 3fd. Butter.— I Tbe market is firm. There is a general active demand for best quality. The average price for the week for choicest New Zealand butter . is 116 s per owt, Australian Ills, Danish 128 a, Siberian 108 s. Cheese.—The market is firm, with more inquiry. New Zealand white, 65s 6d per owt, coloured 66s 6d. Hemp.—For Now Zealand the market Is quiet at the advance. Spot: New Zealand good fair grade. £25 10s per ton; fair grade, £23 15s. Forward shipment: About the same price. Manila: Large business doing, and prices arc strong in the market. Fair current Manila, £25 per ton; forward shipment, £26. The output from Manila for the week was 31,000 bales. Linseed.—The market is quiet, prices slightly weaker. New Zealand, nominal value, 655. OTHER ADVICES. By Telegraph—Press Association—Copyright , LONDON, August 4. FROZEN MEAT MARKET. The Incorporated Society of Meat Im< porters' Smuhlicld maraet quotations for the undermentioned classes of frozen meat are based on actual sales of not less -than one hundred carcases of mutton or lamb or twenty-five quarters of beet of fair average quality. The quotations are not for selected lines, but for' parcels fairly representative of the bulk of tbe shipments now on the market. The prices which fbl‘ow are on the average a farthing per lb more than the values ex ship, this difference representing an average cost in expense, handling, conveyance and selling the meat.

’ 'None offering. FROZEN RABBITS. Market very firm. The season opens with the Suevic'a and Whiteblro’s consignment's, whicii are expected to be on the maiket on Tuesday. BREADSTUFFS FOR EUROPE. Tbe quantities of wheat and flour afloat for the United Kingdom and the Continent of Europe on Saturday, a week ago, and at the corresponding time last year compare: , , This week. Last week. 1 r ago. Qrs. Qrs. Qrs. For UK 3 180.000 3,565,000 3,105.030 For Europe"." 1'.M0.000 1.705,000 1,650,000 4,720,000 5,270,003 4,755,030 Shipments from American Atlantic ports

amount to 172,000 Quarters, compared with 168,000 quarters a week ago, and 315,000 quarters a year ago. No Pacific Coast wheat was put afloat. The total quantity of wheat and flour shipped from all exporting countries during the past week ended August 3rd was equivalent to 750,000 quarters of wheat, compared with 1,175 000 quarters in the previous week and 1,300.030 quarters a year ago. The weekly totals include the following;

AUSTRALIAN WHEAT SOLD. Fifteen thousand quarters of Australian wheat, new crop, for January-February shipment, have been sold at 37s 6d per quarter, and two cargoes afloat at 40s and 39s respectively. METAL PRICES. Antimony.—Good 50 per cent, ore, £6 10s per ton. Galvanised Iron.—First brands £l6 ,5f per ton; second brands, £l4 15s. WHEAT FIRMER AT SYDNEY. (Received August 5, 9.15 p.m.) SYDNEY, August 5. Wheat is firmer at 4s lid to 4s 2Jd pel bushel. PROFITS FROM CHEESE MANG ATAINOKA SETTLERS BEA? BENEFIT OF HIGH PKICEb. tSXBS ASSOCIATION. PAHIATUA, August 5. , The exceptionally high prices ruling for checso in the Home markets during the past season have proved very remunerative to co-operative cheese companies in this district. Tile annual report of the Mangaramarama Company shows that tho amount of cheese manufactured curing tnu •1911-12 season was approximately 73 tons, valued at £4157 16s Id. lu the previous season 88 tons were produced, realising £4341 18s 6d. Thus it will be seen that although last season’s output was 15 tons less than tho previous year’s total the cheese re alised only £lB4 2s 5d less. In the case of the Mangatalnoka Company last season's output totalled 207 tons, as oampared with 161 tons for the previous season, an increase of 46 tons. The actual monetary increase, however, has been much greater, the total . for 1911-12 being £11,066 10s as compared with £7857 Is Id for 1910-11 —an increase of £3239 8s 3d. For tho 1910-11 period the price paid for butter-fat was 113 d per lb; last season Is lid per lb was paid. As the Mangatainoka, and Mangaramaraina districts adjoin, tho settlors in this one area therefore have had on extra, £3025 5s 9d distributed amongst them this year. PROPERTY SALES. J. H. Bethune and Co. report having effected the following sales of property: \ Maranui: Toru street, land 80ft x 120 ft. 2 dwellings, £950; Talnui terrace, building site, lr 2.4 p, £200; Queen’s Drive, section 44ft x 270 ft, £220. Karori: Section No. 16, Eve'yn estate, 20.6 perches, £IBO. Highland Park estate, building site lr 14p, £l5O. Vogeltowu: Fortunatus street, comer section, lr JBp, £200; Mills road, land 40ft x 123 ft Sin, 4-roomed dwelling, £350. Island Bay: Clyde and Brighton streets, corner, block 79ft llin x 87ft lOin, £175. Kilbimic: Duncan terrace, section 29ft x 156 ft. 4roomed dwelling, £490. Brooklyn: Jefferson street, section 22ft x 135 ft, 4-roomed dwelling, £350. Lower Hntt: Elmwood estate. section lr 6.94 p, £llO. Kelburne Extension: Knight’s farm, building site 23 perches, £25. City: Hall street, 5 ’easehold sections, cadi 33ft x 145 ft on a 43 years’ lease, at rental of £22 Is per annum, Fiji; 228 acres near Suva. £5 per acre. WELLINGTON CUSTOMS. The Customs revenue received at WelL ington yesterday totalled £1440 18s Ed.

July 27. Aug. S. Mutton— d. d. Canterbury, light ... 4 3-16 4)3-16 Canterbury, medium ... ... 3i 4 Canterbury, heavy 33 Southland 3J North Island, best ... 3* 33 North Island, ordinary ... 311-16 3 11-16 New Zealand, ewes .. 31 33 Australian, light 4 Australian, heavy ... 3d 31 Australian, ewes 313-15 River Plate, lipht River Plate, heavy ... 3J 3} River Plate, ewes ... 36 31 Lamb— Canterbury, light ... 6J 6 Canterbury, medium ... ... 53 5 9-16 Canterbury, heavy' ... 56 53 Southland 53 North Island, best ... 511-16 53 North Island, ordinary .. 5i 5 9-16 Australian, beet S3 Australian, fair 5i Australian, inferior Biver Plate, best 53 River Plate, seconds ... 6 5 Frozen Beef— New Zealand, fores ... 33 33 New Zealand, hinds ... 4 313-16 Australian, fores 31 Australian, hinds ... 31 33 Hirer Plate, fores 3i River Plate, hinds 3J 32 Chilled BeefRiver Plate, fores ... 3g 33 River Plate, hinds ... 46 43

Last week. Pre. vr]z. V'rago, Qrs. Qrs. Qrs. Argentina and Uruguay 110,000 290,000 280.000 Bussia 175,000 225,000 230,000 Danube districts... 30.000 89,000 40,000 India and Persia 131,000 326,000 146.000 Australasia 13,000 30,000 165,000