COMMERCE AND MINING

New Zealand Times, Volume XXXVII, Issue 8365, 27 February 1913, Page 4

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE. YESTERDAY'S QUOTATIONS. HIKING. Murray Creek (new issue)—UAo ann., b 6a 6d (prem); 3.15, b 5a W (WemJ. Murray Greek (old issue)—ll.3o a.m., b 5s 6d (prom); 3.15, h 5s 6d (prem.). New Sylvia—3.ls, a Is. Bos® Reconstructed—lL3o a.m.. b 5a 6d. s 5® 10d; 3.15. b 5s 5(1, s 5s 10a. Swastika—llJo ajn.. b 5s (prem.); 3A5, b 10a, sales 7e 5d (prem., reported). Talisman Consolidated—ll.3o a.m., b £1 19s 6d, s £2 0s 3d; 3.15; b £1 19s 6d, s £2. Waihi—llso a.m.. b £1 13a 3d, s £1 Us; 3.15, 8 £1 13s 9d. Waihi Grand Junction—ll.3o a.m.. a £1 Is 9d: 3A5, s £1 la 94. WaiotaM—ll.3o a.m.. s 2g; 3.15 a 2s. Waitangi Consolidated N.L.—UJO a.m., s 6d. Note—The letter "b” sisnifies buyers and "a” sellers. INVESTMENT STOCKS.

E. W. B. Hornabrook. 153, Featharatoa (tract, Wellington, member Stock Exchange Specialising la Minin* St rip. Trastworfay Oorreapondenoa from all Minin* Centres. Tale*raphie address: "liomabioek* W«4 Unctou. QUOTATIONS ELSEWHERE. Frees Association. AUCKLAND, February 26. Sales at this afternoon s call on the Stock Exchange; ed). Roes GoldflCldet 5s 6d. New; Zealand Crown, lid, Waihi Paeroa, 3fts (reported). Union Steam, 47s 6d. CHRISTCHURCH, February 26. Stock Exchange sales reported: New Zealand Insurance, £5 4s 6d. Waihi Grand Junctions, 21s 6d. The latest quotations are: Ward and Co., sellers 100 s, National Mortgage, sellers 80s. New Zealand. Insurance, buyers 104 s, sellers 105. Union Steamship, tollers 495. Kaiapoi Woollen (preference), sellers 105 s. Booth, Macdonald and, Co., (ex div), sellers 21s. Golden Bay Cement, sellers 20s. Mason, Strothers and Co., sellers 23s Sd* ■■■■■,. Milbnm Lime and Cement Co., sellers 39s 6d. Taranaki (New Zealand) Oil Wells, eel--1&T8 17s* Whitcomb© and Tombs, sellers 128 s fid* COMMERCIAL CABLES By Telegraph—Press Association—Copyright LONDON, February 25. SILVER, Bar silver is quoted at 27 1546 d per ounce standard. Wool sales. Dalgety and Co- Ltd.," have received the following cablegram from their London office under date of 24th inst.: The list of arrivals is closed. New arrivals total amount to. 420,909 bales. There has been forwarded" direct to manufacturers at Home and abroad 270,900 bales, old stocks total 5009 boles, leaving available for sale 155,000 bales. LONDON FINANCIAL CABLES By Telegraph— Prsas Asßocaatioa—Oofiyrt«h» LONDON, February 21 AUOTRAIiASIAN SHARES. Quotations (middle prices) compare with (hose for a fortnight ago as follow: Feb.lLtVb.2s. M X Australasian Mercantile Land and Finance Co. 1 per bent debenture stock .—*.*.*—. . 94) 95) (Sty of Sydney 4 per cent. debentures (1912-1913)...**.... 89 98 Dalgety and Co., Ltd., 4 per cent, debentures ..**—-***•* 96 96 Metropolitan Gas. Co., Melbourne, 4) per cent, de- ’ bentures Goldsbrougb, Mort find Co., Ltd., 4 per cent. “B” debentures ' Dalgety, and Co. ordinnry shares .are unchanged at buyers 365 17s 6d> Sellers J 36 SS. ‘ BEET StTGAB EUROPEAN PRODUCTION DURING CURRENT TEAR. By Telegraph—l»ro«» AiSoclalibn—Copyright / LONDON, February 24. Herr P. O. Licbt, Magdeburg, in: Ilia monthly circular; states that the production of beet sugar in Germany, Austria* Hungary, France, Belgium, and Holland* for the first five months of the 1912-13 campaign, which opened on September Ist, BlioWs an increase of 2,433,<W0 tons, compared with the eame period last year. He estimates the total Eureueaa production for 1912*13 at 8,093,000 tons, an iliciease of 2;1*6,U9t) over that bl 1911-12. SALE OF STUD ROMNEY SHEEP The New EealanJ Leah and Mercantile Agency Co*, Ltd., report holding, a successful clearing sale of atud Romney sheep at their Waikana© yards on Monday on behalf of Mr® F. R, Hadfield, Lilldale estate, Paraparauimi. Breeders attd buyers were present from Waikato, Taihape, mllding. Palmerston North, Hawke’s Bay attd the Wairarapa districts. The local breeders were well represented, and the sale waa a Very successful ohe in, every way. The flock was fCiinded'in 1894 by-the late H. B. Haulfield from ewes purchased from J. W., Marshall, Esq., attd from purchases made In England and the Dominion, the former: inctnding rams bred J* B. Haim-

er, Esq., and G, Pilei Esq., Kent, England. Tlie flock had secured numerous honours at the agricultural and pastoral shows, had been reared under natural conditions on healthy hilly country, ana noted for their massive bone, strong con* stitution, and class of wool. Buy era consequently were not slow to operate, ana under keen competition every lot changed hands at highly satisfactory pnccs. Quotations: , , Earn El ham. No. 81. ’OO imported 3001, bred by C. Pile, Esq., Kent, was purchased by B. H, Slack, Esq.. Taihorea, for 22gns. . , Ram Young Elham Ist (1911), sire Elham. bred by Mrs E. R. Hadneld, sold to John Williams. Esq.. Paraparaumu, at lOgns. Other rams sold at lajgns, llgns, lOgns Signs, Bsns. and 7fgns. Two-year-old ewes, sire Raymond, and bred by A. Matthews, Esq., made 4gns; 3-year-old eweis by the same eire made up to Signs; 4-year-old ewes, sires Leopio and Raymond, made from 3 to 2Jgns; 1-year-old ewes, by the imported rams Elham No--81, and Palmer's No. 46, made Signs; the aged ewes made from Ign to ligns. Ewe lambs, sires Elham No. 81 and Palmer’s No. 1, made 2gns; ewe lambs by Mentor and No. 138 made ligns. Ram lambs by Elham No. 81, imported, and No. 101, TO, made 2gns; ram lambs, by Mentor and No. 138, ’O9, made ligns, ram lambs, by the Imported sires Palmer’s No. 1 and Palmer’s No. 46, made IJgns. LIVE STOCK SALES AUCTIONEERS’ REPORTS. Dalgety and Co., Ltd. At Otaki on Tuesday there was a very, large entry of sheep, and most of to o ! lines offered were sold. Cattle were not in great demand- Prices: F.M. ewes 4fi to Bs, fat ewes 10s 6d, 2-tooth owes Us, 4-tooth ewes 14s 2d,’3-tooth wethers IXs to 15s 9d, lambs 5s lid to 10s 2d, Romney rams 2gns to 2Jgna, Shropshire rams Signs to sgne, springing cows £6 10s to £7, springing heifers £5 to £6, empty oows £2 12s, boll* £2 10s to M ss, weaner pigs ,7s, store pigs lie 6d. Abraham and Williams, Ltd. .' At Himatangi on Monday a good yarding of sheep and cattle sold readily at Tate rates. Prices: Two-tooth ewes (small) 12a, woolly 2-tooth owee 12s 9d to 18t 9d. fat ewes 18a 2d, lambs 8s id to 8s 7d» weanor pigs 7e, 18-montha steore 6s. springing heifers -65 12s 6tL _ At Johnsonville yesterday a fair yarding of sheep and- cattle were penned ana sold at late rates. Prim6 bat looks £lO to £lO 7s 6d, lighter £9 7s fid to £9 156. light £8 7s fid to £8 15*. prune, wethers I7e 6d to 18s, good ewes 16s to 16s id, medium owes lie 9d, prinm lainbs 14s 8d to 15s Sd, medium lambs 12s 6d, plain lie pd. - ADDINGTON. Press Association. . CHRISTCHURCH. February 26. There was a large entry of store sheep ami increased entries of fat eheep and lambs. There was an improvement m young ewea and rap© lamb©. JTat lambs sold, at slightly, improved rates, in «mseQUeiICQ of a dcnitiJid 6d .tho part oi graziers who took the bulk of tne offerings. Fat 1 sheep were easier, and fat pigs gold at last week’s totee. Store cattle were dull of sale. QuotataoMt Sheep.—Ewes. 2-tooth (small) ISe Od to 16s fid. 2-toeth (medium) 18s, fi-tooth 17s to 18s fid. 6 and 8-tooth 16si to 17s, 2,4, 6 and 8-tooth. 13* Ud to»lto Id, sound mouth (good clßasllie.to_ IS# fid, extra to X7s, fair sound month J2s to 13s, full and Hailing mouth 7s, for Worior 12s. formedimo. merimoe, 2e IQd; lamoe (good tap© sort©) IBts id Ills 6d, ©xtT& to ,15a 8d» fair sorts 12a to 12s fid. average stores 10b fid 'to" 11s fid. medium sorts 9s fid to 10s Sd, small 8s to 9s. culls 6s to 5s 9d, ewes to 14s,' half bred wethers Ds 3d to 15s for average sorts, and to 12s for very forward wethers, 2 'and 4-toOth 14s to IGe, small, 2-toothe to 12s lOd, a better class of the same age 13s Bd to 14s 3d. Fat Lambs. —Beet lambs 16s to 17s 9d, a few extra 18s 4d, and lighter 12s Id to 15s fid, the major portion of the yarding selling at 16s to 17s. . v . Fat Sheep.—-Prime wethers 18s to 21s 6d, lighter 16s to 17s'6d, merino wothers 16s, prime .ewes 16s to 20a 3d, medium 18s fid to Ise fid, aged and light Ids 6d to 18s. Fat Cattle. —Steers XT X7s fid to £l2 10s. heifers £6 5s to 1 £lO 7s 9d, cows £5 17s fid to £B. extra £l2 2s fid; Store Cattle. —Yearlings £1 Bs to .€; 15q, fifteen to eighteen-month sorts £3 Ss to £3 16s, two-year steers £5 Bs, two-year heifers £4 IDs. three-year steem £6 Ss to £6 12s fid, three-year heifers £5 15s, cows £2 10s to £1 10s; dairy cows, prices ranged from £4 10s to £l2 2s fid. Fat Pigs-—-Choppers 70s to 120 s, heavy baconers 60s to 70s, extra to 745, lighter sorts 80s to 57s fid (equivalent to Sd to 5Jd per Tb), heavy-porkers 42s to 465, lighter sorts Bss to 40s (equal to sjd per A large number of store pigs came forward, and an a . result. of over-supply prices all round were .easier, althougn large sorts sold well. Large stores realised 40s to 50s, fid, medium sorts 32s to 80s, small pigs 23s <to 28s, small weanere 13s, large kdrts up to 20s.,*' BURNSibB. ; DUNEDIN, February 2fl. There, was a full yarding of fat cattle nt Burnside to-day, IBS being penned. The entry consisted chiefly of cows and heifers with on odd pen of good quality bullocks. At the commencement prices were much the Seme as last week, bot es the sale progressed they receded by 16s to 20s per head for bullocks and TOs to 16s ftif heifers and cows. Best bullocks £lO 15s to £l2, extra <*l3 7s fid, medium £9 10b to £lO 56i inferior £7 IDs to £B, best cows hnd Hfeifers £8 10s to £9 Ss. extra £ll 17s Sd, medium £7 to £7 ios, inferior £5 to £5 Iss.■ ■■ Pat Sheep.—2osl -penned. This number proved to be too much for butchers’ requirements. Freezing buyers were unable to operate owing lb the works being blocked, any available space being reserved for lambs. As the sale progressed price receded, aM at the end all classes Were almost unsaleable. Prime wethers 28s fid, extra. 295, medium 21s od, light 18s to 00s, prime ewes. Elfe, extra 22a fid,-medium I7e fid. Inferior 13s 6d to 15s. • , Fat penned; ' This was a small yarding. Freceing buyers were operating tatiijbusly. The quality was only fate, and prices were much on a par with last week * rates. Best ’ 16s fid to He fid, extra to IPs* medium 14s Bd to 15s fid. interior 13s to 14b. Pigs,—B6 fat pittS aud 63 stores were yarded. Competition for stores was very keen, and fats sold at late rates. Suckers St)*,' slips Bis, Stores 80s, porkers 46e. baconers 70s, WELLINGTON CUSTOMS , The -Customs revenue received at Wellingtoh yesterday totalled £2531 18a 2d.

Boyers. Sellers. Sales. £ a d. £ a. d. £ e, d. Sahib— National of N.2L, Ltd. ... -r< 5 IS « — PlNANCIAXrEciaitablo Building Oo., Ltd. ... 9 12 i N.Z. and R. Plato land. Ltd. ... Wel’n. Inrest T.A. 11? 0 — Co., Ltd. 0 11 0 Wellington Trust Loan, Ltd. ... 7 OAi1 0 7 3 0 Christchurch, £5 — 7 12 6 — Keilding — 1 0 3 — Napier, £5 ... — 10 0 0 Napier, £10 INSDBANOB— 80 0 0 New Zealand ... 6 3 MBA*' PaESEBVINO0 5 5 6 — Christchurch Moat Co. ... — 15 10 0 — SHIPPING— N.Z. Shipping Oo. — 17 0 0 Union Steamship — a a 9 — OOAIr— Taupiri ... — 1 3 0 — Timber— Leyland Cr’Bxion i 6 0 — — MISCELLANEOUS— Golden Bay Cement Co. ... Manning and Co, 3 18 0 1 0 3 xN.Z. Port land Oo* mont ... ... 0 19 6 Hharland and Co.. Ltd., ordinary — 1 1 0 Ward and Oo, Ltd. — 5 0 0 W.P.O.A., £1 .„ — 1 9 0 —