COMMERCE & MINING

New Zealand Times, Volume XL, Issue 9002, 26 March 1915, Page 2

COMMERCE & MINING

WELLINGTON STOCK EXCHANGE. WAIHI SHARES FIRMER. YESTERDAY'S QUOTATIONS. MINING. Murray Creek, 01d—3.15 p.m., b £1 11s 6d. Murray Creek, new—3-15 p.m., b lie fid prem. New Big River —11.30 a-m-, s £i 11s, 3-15 p-m., s JE4 lie. Now Sylvia—3.ls p.m., b 71d. Talisman Consolidated —11-30 a.m., b J3l ss. s 291 5s 6d; 3-15 p.m.. s -SI 5s 3d, sale j;l 5s 3d (reported). Waihi—ll.9o a<m., b £2 4s fid, sale £2 'Se (reported); 3-15 p-m., b 12 is fid, s JB2 4s 9d. Waihi Grand Junction—ll.3o a.m., b £1 4s fid; 3.15 p.m., b £X 4s fid. Waitangi Consolidated N-L—11.30 a-m.. b Is, a Is 4d. Note—The letter "b” signifies buyer*. And "•*’ tollers. * INVESTMENT STOCKS. Bayers. Seller*. Salei. vßeAAt* £ m A flanks— National of NZ Vow Zealand, X 3 6s 8d pd. 11 0 0 FinancialMetropolitan Permt., -CIO 'll 15 0 N.Z. and R. Plate Land 2 0 0 Wgtn. Trust Loan ......... 7 8 6 Qaa— Wellington, .£lO 16 5 0 Meat Preserving— Gear Co., £4 14 7 6 - Wgtn. Meat Export, £2 l2s fid —2 16 6 Shipping— N.Z. Shipping, 00. ord ... 15 5 0 N-Z- Shipping Co., prof. ... 10 10 0 Manufacturing— Wgtn Woollen, ord ... 4 9 0 Wgtn. Woolpref, ... 3 5 0 Timber— LeylandO’Brien 12 0 *l3 0 MieceilaneOM— Golden Bay Cement 10 0 Sharland and Co., ord ...- Sharland and Co., pref. ... W.F.JhA., £5 pd •Reported. SAXES ELSEWHERE. Fret* Association. AUCKLAND, March 25. Stock Exchange sales:— Talisman Consolidated, JBI 38. Waihi. .£2 4b fid. Auckland Gas, £1 10s. CHRISTCHURCH, March 25Stock Exchange sales:— Christchurch Gae, £7 13g fid. Christchurch Meat, .£l6 12a fid (two parcels). DUNEDIN., March 25Stock Exchange sales reported:— Waihi Grand Junction, £1 4s 9d. Christchurch Meat, £l6 13s. Westport Coal, £1 13s 3d, £1 13s. LONDON STOCK EXCHANGE, By Telegraph—Free* Association—Copyright LONDON. March 24. On the Stock Exchange to-day the following were the quotations for Australasian bank and other stocks, compared with the last previous quotation:— To-day. Lost quote.d. s.d. s.d. t.d. Mining— b. s, h. e. Brit Bro. Hill 27 6 28 6 27 9 28 9 Hampden-don. ... 24 6 256 23 9 25 0 COMMERCIAL CABLES ■ij Telegraph—Free* Association—Oopyrlxhi LONDON. March 24. WHEAT FIRMER. The wheat market is very quiet, but prices are firmer, APPLES, PEARS AND GRAPES. In .the Moldavia’s shipment of West Australian apples there were many spotty, soft and bruised. Some thousands of cases were sold subject to acceptance. Prices: Cleopatraa, 12s 6d, 14s 6d; Jonathans, 20s 6d, 14s; Cox’s Orange,, very ripe, 27s 6d, 20s; others, 10s, 12s fid. The pears were .very wasty, and brought 2s 3d and 8s per bundle and 12s and 14s per case. Grapes: Black Malaga, 235; others, wasty, 3s to 13»TALLOW. At the tallow sales 1534 casks were offered and 901 sold. Prices realised;— Mutton, fine 42s 9d. medium 38s; beef, line 435, medium 37e fid per cwt. Copper—On the spot, £6B 10s to £6B 15s per ton; at three months, £69 2s 6d to £69 7s 6d; electrolytic, £75 10s to Tin —On the spot, £l6B to £l6B 10a per ton; at .three months, £165 to £165 10s. Spelter—Ordinary brands, £43 10s to £44 10s per ton. LINSEED OIL AND TURPENTINELinseed oil, spot pipes, are 20s higher on the week, at £35 per ton, or 3s 9-75 d per gallon. . , Turpentine is 3s 3d easier at 37s 6d par owt, or 3s per gallon. The New Zealand Loan and Mercantile Agency Oompnny, Ltd.* has received the following cablegram from London, dated 24th test.‘Tallow —We quote present spot values for the following descriptions: Fine mutton, 40s 3d per owt; good beef, 38s fid per cwt; mixed, 36s 3d per cwt. There is a little more demand. ’ AUSTRALIAN PRODUCE MARKETS. By Telegraph—Press Association--Copyright (Received March 25, 9.25 p.m.) SYDNEY. March 25. Oats. Tasmanian 5s 3d to 5s sd. New Zealand A grade Gartons 5s 4d. B grade 5s 3d; barley, Cape feed 5s 6d. English malting 6s; maize, 5s 3d; Tasmanian £6 to £7, Victorian £5 15s to £6; onions, Victorian £6 IQs; butter, selected 120 s, second brands 110 s; cheese, 7Jd to 8d; bacon, 8d to 9d. ADELAIDE, March 25Wheat, 8s IJd; flour. £lB to £lB ss; bran, £lO 7s 6d; pollard, £l3 7s 6d. MELBOURNE HIDE SALES. By Telegraph-Press Association —Copyright MELBOURNE. March 25. At the hide sales to-day heavier sorts were unchanged in price and lighter hides were slightly irregular. LONDON WOOL SALES Bv Telegraph—Press Association —Copyright GOOD DEMAND AND PRICES FIRM. LONDON, March 24 At the wool sales there was good demand for all sorts. Prices were unchanged. For the fleece portions of the following clips the pnoea realised were:— “Boomanulla,” top price Hid, average 10ld: “Athole.” l4d and 13|u; "Eddington," 29Jd and 29d; "Manfred,” 29d and 26}d: "Fairhill," 13d and 12Jd; “Balmoral," lOd and 9id. New Zealand: "Oteiri." 18d and 17|d; "Drysdale," 18id and 18d. Murray Roberts and C-, Ltd., yesterday received the following cablegram from

London:—"Merino market weaker, especially for faulty wools; crossbred greasy, market very firm- Prices have advanced slightly." , . •, Dalgety and Co., Ltd., have received the following cablegram from London: "Market for merinos is easier, especially for faulty- Fine crossbreds are now 5 per cent, higher, and medium and coarse to 10 per cent, than the closing rates of last series-'' ■WEDNESDAY’S LOCAL SALE. Levin and Co-’s Report. At the supplementary sale, to clear off late season arrivals of wool, there was an offering of 2050 bales, our catalogue representing 200 bales. There was eager competition for everything offered at lid to 2d per lb all round better than February rates. The bulk of the wool was rough and seedy, but it sold at better prices than good crossbred realised at the opening sales of the period. Crutohings demand. special rote, as the season is just opening for this description of wool, and it is evident high prices are going to rule- Good lambs crutchings from Kahummgi, Masterton, realised Hid. and Hid was obtained for some marked “WSD," also from Masterton. The range of pnees was as under:- d d Crossbred super J? Crossbred medium " 1° fS, Crossbred coarse ", iJ Crossbred iufenor and s«edy Hi to 13| Bellies and pieces (crossbred) 8i to 10i Lambs, best. - S w Lambs, medium Lambs, inferior and seedy ... 4to Crutchings, good ii t 10 f Crutchings, medinm ™ 1° iX 4 Crutchings, inferior 8 WOOL, SKIN AND HIDE SALE BROKERS’ REPORTS. Murray, Roberts and Co., Ltd. We held our fortnightly sale of sheepskins and hides on Wednesday, the date being altered to fit in with the last wool sale of the season. Wo submitted a catalogue of 3000 skins, 900 hides and calfskins, and some lots of tallow and sundries. The attendance of buyers was augmented by several of the regular season's wool operators from other centres, and we experienced very keen competition for sheepskins. Amongst our oiferings of hides were some superior freezing works lots, in excellent condition, and for these we h&d very good competition. Ordinary butchers lots to fair condition were, however, to some extent neglected, and prices for these 6uifered a decline of fully id, to Id. Tallow was in demand at late rates. Prices ’current at the sale were an below Sheepskins—Halfbred and fine, crossbred, Hd to Hid per Ih:™^ l ?™, coarse crossbred. 10id to Hid; short half-wools, 8d to 9id; dead and damagsd aid to 9id; inferior and badly damaaed, 4d to 7id; lambs, 9id toHid;damp salted and green. 5s to 7s 9d each; pelts a Hid£ - Ox^hea^ 6 Wto JOJd inferior. sid to 7pl; bulls. 5d to 5*4. yearlings, 6id to ®d:, 10id; calf medium Sjd to 10dj calf damaSTallow—ln casks, 25e fid to 27a 6d per owt»; iu tins, etc., 20a te 23s 6d, Levin and Co., LtdWe have to report as follows on Wednesday’s sales: — , Sheepskins—There was a very strong demand and prices for halfbred, medium, coarse and fine crossbred advanced a halfpenny. Lambs were up, a haltpenny. We sold a lot of fine crossbred at Hid—a record price for Wellington. Fine crossbred, Hid per lb; medium to coarse crossbred, to , half-wools. Bid to 9id: dead and damaged crossbred, B*d to 9id; inferior and badly damaged, 4id to 7|d; lambs, 9Jd to Hid; damp, salted and green. 5s to 7s 9d each; pelts, Se 6d to Ss 3d. Hides—Prices for all classes of hides were considerably easier owing, to the lower tone of the Australian market and difficulty regarding . shipments to America. Ox, heavy, 601 b up, »id to 10|d per lb; ox, medinm, 50-59. lo|d; ox. light, 49 and under. 9d to XOid; cow* beavy, 551 b and over* 8d to 10d; cow. medium. 42 to 54, Bid to lOd; cow. light, under 42, 8d to 9(d; cut, slippy and inferior, 6d to 7id; bull, stag. 5d to 5Jd; yearlings (161 b to■ 241 b), Tid; calf. superior (up to 161 b), 9id s*^’ medium to good (up to 161 b) Bid to lOd; calf, damaged (up to 161 b), 6id to Firm. In casks, 27s to 27s 6d per cwt: in tins, etc., 20s 6d to 23s Bd. Cow tails, la 7d per doz. Abraham and 'Williams. Ltd. We offered a good catalogue of all classes of produce to a large attendance of buyers. Competition was very keen, and prices fo- skins showed an advance of a halfpenny to three-farthings per lb. Hides were very much easier, especially cows, which showed a decline of a penny per lb. Heavy os were about one farthing lower, light ox a halfpenny- Tallow was a little easier. Skins—Fine crossbred, HJd per lb; medium to coarse crossbred, IOJd to Hid; short to half-wools, Bid to Sid; dead and damaged, BJd to 9id,; inferior. 44d to 7|d; lambs. 9ld to Hid; damp and salted, 5 S to 7s 9d each; pelts. 3s 6d to 5s 3d. Hides—Heavy ox, 9|d to lOfd par lb; medium ox. B|d to 10id; light ox, 9d to 10id; beavy oows» 8d to 10a: medium COW, Bid to 10d; light cow, 8d to 9id: damaged, 6d to 7id; bulls and stags, Sd to s|d; yearlings, 7id: best calf, 9id to lOid; medium calf, B*d to lOd; damaged, 6id to Bid. Tallow—ln casks. £27 to £2) 10s per ton; in tins, 20s 6d to 23s 6d per cwt. LIVE STOCK SALES BIG PRICES FOR SHEEP. Press Association. PAHXATUA, March 25, A record dispersal sale was held here to-day. Sheep fetched big prices, and cattle also sold extremely well* Quotations:—■ On account of D. W. Allen—Boo 4 and 6-tooth ewes 335, 320 2-tooth ewes 255, 280 2-tooth wethers 20s Bd. 600 ewe lambs 14s 10d- „ On account N. L. Avery—23o 4-tooth ewes 21s 7d, 250 4 and 5-year ewes 21s. RAM FAIR. Press Association. CHRISTCHURCH, March 25. The annual ram fair under the auspices of the Canterbury A- and P. Association commenced to-day at the show ground, when there was a good attendance, Flock rams were offered, and there was a dull sale for all breeds at lower averages than last year, many lots being passed- Border Leicesters sold rather better than other breeds. English Leicesters being te over-supply. Ther range of prices was: —Lincolns, 3gns to 4igns; Romneys ligns to 4gns : Border. Leicesters, ligns to 7fgna; English Leicesters, ligns to lOgns; South Downs, ligns to 6gns; Shropshires, IJgns to Signs; Ryelands 4igns; Corriedalee, 2gns to 6jgns; halfbreds. 3gns to sgns. WELLINGTON CUSTOMS. The Customs revenue received at Wellington yesterday totalled .£5549 12s 2d.