COMMERCE AND MINING

New Zealand Times, Volume XXXVI, Issue 8258, 22 October 1912, Page 8

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE. YESTERDAY'S QUOTATIONS, HIKING. Blackwater Hines —11.30 a.m., b £1 2s, s £1 4s; 0.15, b£l 3s 6d, s£l 6b 6d. „ Consolidated Goldfields—ll.3o a.m., b 13s; 3.15. s 14a 9d. Dominion (Karangahake)—ll.3o a.m., b 2d, s 4d; 3.15, b 2d, s 4d. Kuranui Caledonian—ll.3o a.m., b Is 2d, s Is 6d. Houutain King—ll.3o a.m., b 3d; 3.15, b 3d. Hurray Creek—ll,3o a.m., b 9s (prem.); 3.15. b 9s 3d (prem.). ' Kew Big River —3.16, s £5 ss. Now Sylvia—ll.3o a.m., b Is 2d, s la 4d: 3.15. b Is 2d. s Is 4d. Old Hauraki G. Mines— ll.3o a.m., b Is 2d. Progress— ll.3o a.m., b Bs, a 8s 6d; 3.15, b Bs. sales 8s 3d (reported). Rosa Reconstructed —11.30 a.m,, b 5s Id. s 5s sd; 3.15, b 6s 2d, 8 6s 6d. sales 5s 3d (reported). Talisman Consolidated—ll.3o a.m,, b £1 18s. s £1 18s 9d; 3.15, b £1 18b, s £1 18a 9d. Waihi—ll.3o a,m., 8 £1 15s 3d; 3.15, b £1 14s 6d. s £1 15s. Waihi Grand Junction—ll.3o a.m.. b £1 2s 3d. s £1 2a 6d; 3.15, b £1 2s 3d. B £1 2a 9d, sales £1 2s 6df2 reported). Waitangi Consolidated N.L.—11.30 a.m., b 7d. s 9d; 3.15, b 7d. s B*d. Koto.—'The letter "b” signifies buyers and “s” sellers. INVESTMENT STOCKS. Buyers. Sellers. Sales. £ 5 d. £ s. d. £ b. d.

QUOTATIONS ELSEWHERE. •• Press Association. AUCKLAND, October SI. Sales at this morning’s call on the Stock Exchange; Waihi, 355. Boss Goldfields. 5s 3d. Doan and Mercantile, 9s. Northern Boot, 15s 9d. Afternoon call: Kuranui Caledonian, Is 2d. Saxon, 9d. Waihi Grand Junction, 22s 6d. South British Insurance, 75s (reported). DUNEDIN. October El. Stock Exchange sales reported; ' Westport Coal, 28s £d, 28s 3d, Tho Paotolus dredge return • last week was 370 z 13dwt for 130 hours’ work. E. W. B. Hornabrook. 153. Featherlton street, Wellington, member Stock Exchange. Specialising in Mining Scrip. Trustworthy Correspondence from all Mining Centres. Telegraphic address: "Hornabrook, WelCOMMEROIAL CABLES HIGH COMMISSIONER'S REPORT. The Department of Agriculture has received. the following canlegram from the High Commissioner, dated London, October 19lh. (Note.—Quotations, unless otherwise specified, are average market prices on spot): Mutton. —Tho market Is rather quiet, but holders are not anxious to sell in anticipation of moderate supplies coming forward. Canterbury, 4id per lb; North Island, 4}d (?). Lamb.—The market is quiet, with a tendency ■ in favor of buyers. Supplies of Home-grown lambs are heavy, and are lowering prices of New Zealand. Canterbury, 5Jd per lb; other than Canterbury, 6Jd. Beef—The market is very dull. Supplies are increasing. New Zealand hinds, 3Jd per lb: fores. 23d.

Butter.—The market is firm at the advance. and active with a good demand. The Kaikoura’e shipment of nnsalted butter arrived in good condition, and is offering at 13-Is per cwt (in second hand); Danish. 131 s: Siberian, 112 s; Australian, 115 s; Argentine, 1255. Choose.—The market is quiet, with a tendency in favor of buyers. Canadian white, 64s 6d per cwt; colored, 65s 6d. Hemp—The market remains firm. The demand for spot is good, and also to arrive. Spot: New Zeaia nd good fair grade, £3l IDs per ton; New Zealand fair grade, £3O 10s: fair current Manila, £3O 10s. Forward shipment: New Zealand good fair grade. £52; fair. £3O 15s: fair current Man-

ila, £3l. The output from Manila for the week was 35,000 bales. Wool.—The market remains firm. OTHER ADVICES. By Telegraph—Press Association—Copyright LONDON. October 20. BEEADSTUFFS FOE EDEOPE. The 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. T r. a to, Qrs. Qrs. Qn; For D.K. . . 2,465,000 2,490,000 2,585,000 For Europe... 2,135.000 2,145,000 1,200,000 4,600,000 4,635,000 3,785,000 Shipments from American Atlantic ports amount to 479,000 quarters, compared with 501,000 quarters a week ago, and 169,000 quarters a year ago. Pacific Coast wheat put afloat totalled 30,000 quarters, as against 75,000 last week, and 12,000 a year a tTlie total quantity of wheat and flour shipped from all exporting countries during the week ended October 19th was equivalent to 1.400,000 quarters of wheat, compared with 1,690,000 quarters in the previous week and 1,075,000 quarters a year ago. The weekly totals include the following; _ __ Last w’k. Pro. w k. T r. ago. Qrs. Qrs. Qrs. Argentina and Uruguay ..... 88,000 74,000 60,000 Russia ...V.V.V. 320,000 460,000 295,000 Danube districts... 146,000 213,000 275,000 India and Persia 179,000 170,000 55.000 Australasia 54,000 36,000 , 90,000 PRICES STEADY. Wheat cargoes are quiet hut steady. 41s 3d "cr quarter is asked and 40s bid for New South Wales, off coast. 39s is asked at four porta for Jaquary-February, and 38s 9d for February-March.- Liverpool "futures" quotations are: For December delivery. Id higher at 7s 9|d per cental; March delivery. 3d higher at 7« 73d. - NEW ZEALAND HEMP. The market is firm. Jannary-March shipments aro unchanged on the week at £32 per ton. JUTE. For Octohor-November shipment the market' is 12s 6d lower at £25 per ton. COTTON. The Liverpool quotation for American middling Upland cotton, October-Novembcr shipment, is 17 points lower at 5.88 d per lb. RUBBER. Pine hard Para rubber is Jd' lower at 4s 7d per lb. HD)ES. There have been small offerings, and prices have advanced id (per lb, LINSEED OIL. Linseed oil, spot pipes, are quoted at £3O 5s -or ton. COPRA. Moderate business is passing In bagged South Sea copra at £25 12s fid per ton—an advance of 10s. METALS. Antimony.—Good 50 per cent- ore, £8 10s per ton. DEAR POTATOES. (Received October 22. 1.5 a.m.) SYDNEY, October 2). A line of 130 bags of Tasmanian Redskin potatoes to-day fetched £l6 10s per ton—a rise of 30s since Thursday and the record price for the last ten years. FUMIGATING BABBITS In a communication to the Department of Agriculture, which is reproduced in

the “Journal,” Mr Duncan Fraser, of Parowanui, gives his experience of fumigating rabbit burrows with carbon-bisul-phite as follows: —

I proceeded in the following way; Having tied a piece of saturated wool to the end of a small stick or wire, I pushed it about 3ft into the burrow and then ignited it by throwing in a lighted match; immediately afterwards I throw a sack over the mouth of the burrow. About thirty seconds later I pulled the sack a little, so as to leave a small aperture to create a draught. I chose a time when ft slight breeze was blowing on to the burrow. In about ten minutes from time of ignition the fumes had travelled a chain in several directions, and the outlets of the burrow were then easily found by the exit of the fumes. The outlets were then closed by a sod or bag. The fumes remain in the ramifications of the burrow fully twelve hours. I fail to see where you can get a bettor fumigator than nature provide*.

Banks— National of N.Z Ltd - 6 2 5 — FINANCIAL— Equitable Building Co., Ltd.... — 9 17 6 N.Z. and E. Elate Land. Ltd. ... — 2 2 0 — wel'n. Trust .Loan Ltd — 7 10 0 — WeTn Deposit and Mortgage Assn. — 0 7 6 — GAS— Christchurch, £5 8 0 n Foilding ... 1 0 6 — — Gisborne ,. ... — 2 12 0 — Wellington, £10... — IS 0 0 — Wellington, 3rd issue — 14 15 0 — Meat Preserving— Gear Moat Co., Ltd., £1 ... 3 4 0 Wel’n Meat Export, £4 ... — 5 0 0 •— Manufacturing— Wellington Wool'n, ordinary 3 14 0 A COAL— Hikurangi ... 0 17 6 0 18 6 — Westport — i a 6 — TIMBER— Leyland O’Brien 1 6 6 — — , Taringamutu Totara Sawmills, Ltd.... 2 5 9 — MISCELLANEOUS— Banks C, H. Ltd. — 1 0 6 Golden Bay Cement Co. ... — 1 1 3 Gbarland and Co.. Ltd., preference — 3 — W.F.O.A — 7 5 0