COMMERCE & MINING

New Zealand Times, Volume XXXVIII, Issue 8652, 10 February 1914, Page 2

COMMERCE & MINING

WELLINGTON STOCK EXCHANGE (YESTERDAY'S QUOTATIONS'. MINING. Dlackwater Mines—ll.3o a.m., t 11 k; 3.1 D p.m., a £ I la. ooiisujuiatou Ug-Iclfields—ll.3o am., a 19s; 3,15 u.m., b 19s 6d. Dominion Developing Co. —11.30 a.iu*> s Jci 2s Gd. Komata. Reefs—ll.3o a.m., b 3d. -.uuimy Lreelc, oitl, xnl —11.30 a.m., s 10s nrem. Murray Creek, new, pd—ll.3o a.m., r 10s prem. Progress—ll.3o a.m., s 12s. Roso Reconstructed —11.30 5 6s 7d; 3.15 p.m., a Gs 6d. Talisman Consolidated —11.30 a.m., b £2 31 3d, s £2 4s; 3.15 p.m., b £2 3s, s £1 3s 9<L r Waihi—ll.3o a.m. b 963 IF. s £2 12s; 3.15 p.m., b £2 19s, s .£3 126 Cd. u'aihi Grand Junction —11.30 a.m., h £1 6s 3d, s Ml 6s 9d; 3.15 p.m., b Ml 6s 3d. sale Ml Gs Gd (reported). Waihi-Pacroa—ll.3o a.m., Ml 3s. YVaiotahi —11.30 a.m.. s Is Id. Wauangi Consolidated. N.L. a.m, b 9d; 3.15 p.m., b 9d. Note.—The letter “h” signifies buyer*. »nd sellers. INVESTMENT STOCKS. Buyers. Sellers. Sales. JC s. d. X a. d. X s. d. Banks—

QUOTATIONS ELSEWHERE. Press Association. / AUCKLAND. February 9. Sales afc this morning's call on tho Stock Exchange;— Ross Reconstructed, Gs 6d, 6s 4d. Waihi.' £2 11s 9d. £2 12s. Talisman Consolidated, £2 3s 3d. Auckland Gas (cent.). 11s 9d. Afternoon, call: — Waihi, £2 12s. . _ AVaihi Grand Junction, J!1 6s 6d. Saxon, 6d. Bank of New Zealand, .£ll 3s. Now Zealand Insurance, £5 17s Gd. CARTHAGE RETURN, A telegram to the Stock Exchange yesterday from the manager of the Carthago min© stated that last week sGoz of amalgam wore obtained during eleven shifts. East month’s gold return was 620 z. giving a profit of .£l5O. COMMERCIAL CABLES By Telegraph—Press Association— Copj righl LONDON. February 8. FROZEN MEAT MARKET. Tho Incorporated Society ot Meat Importers' Smitbfield market quotations for til© undermentioned classes of frozen meat aro based on actual sales of not less- than on© hundred carcases of mutton or lamb or twenty-five quarters of beef of fair average quality. Tho 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 the average a farthing per lb more than tho values ex ship, this difference represent, .tig an average cost in expense, handling, conveyance and selling tho meat. New Zealand Sheep.

Canterbury crossbred wetbers # and/or maiden ewes, 4S-501b, none offering. Ditto, 01-7211). none offering. Southland, 56-6-llb, sd. North" Island 1 crossbred wethers and maiden ewes, 56-6ilb, i 9-XGd. Ditto ditto, best brand. .jC-Gilb, 4J4. New Zealand ewes, 46-6-11 b, 4Jd, Australian Sheep,'

Light crossbred and/or merino wether*, 35-551 b. 4d. Heavy ditto, 40-GOlb, 4-d-Ewes. 30-501 b, 3|d. South American Sheeji. Light crossbred and/or merino wethers, 10-551 b- 4id. Heavy ditto, 56-7211), 4|d. Ewes, 48-641 b. none offering. Now Zealand Lambs.

Canterbury lambs, 28-361 b, 6Jd. Ditto, 36-421 b, 6|d. Ditto 42-301 b, 51d. .Southland, 28-42f1), none offering. North Island selected brands, 28-431 b, tiid. North Island. 38-4211), Cid, Australian Lambs. Best brands, 28-421 b, 5 9-16 d. Pair quality, under 361 b, 5 9-16 d. Inferior quality (lightweights), 6|d. South American Lambs, first quality, bid. Second quality, 5 5-16 d. Beef. Australian ox, crops, 160-2601 b, 4 l-16d. Australian ox. hinds, 160-200 lb, 4 5-16 d. Now Zealand, ox, fores, IGO-2201 b, 4 5-l Gd. . , New Zealand os, hinds, 160-2201 b, 4H. .-south American ox, tores, 160-2001 b. 41d. South American or, hinds, 160.2201 b, 4id. South American chiliad (or, fores, 169-2201 b, 4fdDitto chilled ox. hinds, X6O-200lb. s|d. BABBITS. The market is easier, owing to the warm weather. New South Wales blues, 16s to 16s 6d per crate. HIDES AND LEATHER. At the hides sales prices were firm. Supplies were small. Queensland, 9Jd to 9 7-16 d: New South Wales. 9 3-16 d to 9id. Leather —Good demand. Australian heavy, ltd to IGjd. Basils—Market steady. First Sydneys, Mid to 15? d; New Zealand, 16id if) Slid. WHEAT.

Market firm and prices steady. Several Australian cargoes sold at 3.« -Ud to 35s "Id; also 6606

13,000 tons at 35s 6d-both FcbnVary 6 ’‘ihS e wheat and flour .o{Xl° r qua^--eluding 926,000 Australasian.

HIGH COMMISSIONER'S GABLED 1! EPORT.

Tlic Department of Agriculture, Industries, and Commerce has received the followimr cjiblecraui from flie in'-m tommissioner for New Zealand dated London, February 7th. (Quotations, un tsa otherwise specified, are average maikt, l 'Meat°Geu”raliy.— The prices for and lamb have declined on account ot the dull trade and owing to large millmerits of Australian and New Zealand. These shipments last mouth were .0 pei cent, above those of January last year. Mutton—North island, 4:M per lb; ewes 41d. Lamb-Other than Canterbury. 6*d iier lb. Beef— Stocks of New Zealand beef on haml are Hght, with a very moderate demand. hind , lid per lb; fores, Id. ChiJledJnmls 4*d per lb; fores, IJd. . River Plate shipnientci received during the monlli ot Januaij, 1914. Mutton. Lamb. London 63J*- 5 n6 ’ 113 Liverpool 73.914 32,094 Hull r, > n ° 3 J> ila Southampton. 14,203 »>492 Plymouth I- 3 - 0 J2l Totals, January, 1914 158,923 76,335 Totals, January. 1913 272,839 . 5,,66 Butter.—The market is unchanged. The demand is improving;, but prices are unchanged for New Zealand. Danish, market quiet but steady, per cwt 123 s to 1265; New Zealand, market quiet but steady, 113 s to 116 s, unsalted 118 s to 12Us; Australian, in fair demand, 109 s to 112 s; Argentine, market steady, 110 s to 112 a; Siberian in good demand, 110 s to 112 s. Cheese. —The market is weaker and prices slightiy lower. Complaint is made by the trade' that New Zealand factories do not act in accordance with instructions of merchants in making the proportion of white aufl (coloured. Canadian, fifty white, per cwt, 68s to 695; coloured, its to 72is. Now 'Zealand, market slow, while 63s •to 61s; coloured 65s to 665; deep red, 68s. to 70s, Estimated stocks of Canadian cheese at London. Liverpool, and Bristol, on February 2nd, were 123,000 boxes, against 210,000 at the same time last year. New Zealand and Australian stocks at London and Bristol, 12,700 crates, against 14,000 at the same time last year.

Hemp.—New Zealand—The market is dull on account of heavy arrivals. Sales this week include good fair in dock at X 25 10s per ton; fair, A 23; January to March, good fair, X2G; fair. X 23 15s. Manila— The market is quiet, and prices are slightly weaker. Consumers are holding off. Fair current, on spot, per ton, .£9B ss; January to March shipments, X2B 10s. The output from Manila for the week was 23.000 bales.

Tow. —Tow in near positions has sold at Xl2 5s per ton, first grade; second grade, .£ll ss; third grade, XlO 10s to XlO 15s. Forward shipment, sellers are bolding off.Cocksfoot.—The market is quiet, but steady, and there is a better demand for New Zealand, owing to the absence of Danish offers.

Hops.—The market is dull, and there is very little business. 1913 crops—English, per cwt. 140 h to 180 s; Continent, 120 s to 2205; American, 05s to 1265.

AV ool.—Business in tops is apparently improving, and the market is steadier. The current Bradford quotations are ; 36’s. low crossbreds, 15Jd; 40’s. low crossbreds. I'ild; -It’s medium crossbreds. 161(1; 30's, halfbrcds. 191 d: 50’s, quarterbreds, 213-d; 60s, merinos, 273 d. . SYDNEY WOOL SALES. (Received February 10. 0.10 a.m.) SYDNEY, February 9. At the wool sales to-dav the market was strong, prices being fully equal to the best point of the season for good sorts, though there was some irregularity iu faulties. Greasy made up to lid per lb and scoured to 233 d. BRAN AND BOLLARD CHEAPER. (Received February 9. 9.10 p.m.) SYDNEY. February 3. The price of bran and pollard was reduced 5s per ton to-day, to £1 ss. WELLINGTON CUSTOMS. The Customs revenue received at Wellington yesterday totalled £3121 12s 9d.

Nation?.! of New Zealand 5 New Zealand la 7 0 5 8 0 ;> 6 — —• New Zealand (rights) _ 5 3 G , — Financial— Equitable Building (ex) 8 13 0 ■Wellington Truiit Loan (ex) ... 7 5 0 - — Gafi — Christchurch, £5 G 13 6 Wellington. dilO _ 16 15 0 Wellington, pref. ... 0 19 9 - - Insurance — South British of New Zealand 4 2 6 __ v , Meat PreservingGear Meat Co., £i 13 12 6 Gear Meat Co., M 3 10 0 _ Wellington Meat Bx.. 6d 3 2 G — — Shipping— Union Steam, ord. ... ...'-I 4 6 1 5 0 Union Steam, pref. ... 1 0 0 1 0 4 — Manufacturing— MosgicI Woollen 3 11 6 _ Coal — WeetportStoclcton 0 4 0 MiscellaneousGolden Bay Cement 0 17 0 0 IS 0 N.Z.’ Consolidated Dental Co. 1 1 6 I 2 0 —. Ward and Co. 5 0 0 —> 0 — W.F.C.A., ,£lpd. — 1 6 —