COMMERCE & MINING

New Zealand Times, Volume XL, Issue 9076, 22 June 1915, Page 2

COMMERCE & MINING

WELLINGTON STOCK EXCHANGE.

YESTERDAY'S QUOTATIONS.

MINING.

Rose Reconstructed —11.30 a.m., b lOd. | Talisman Consolidated —11.30 a.m., b jEI Is 3d; 3.15 p.m., b £1 Is 3d. _ Wuihi—ll.3o a.m.. b JBI 18s 6d; 3.15 p.m., b ,£1 19s Waihi Grand Junction—3.ls p.m., b £1 3s 6d, , P 1 - Mount Lyell —ll.3o a.m., b £1 6s. Note— The letter **b" t’jrnifica buyer* 4mt '’b'* Mllfri.

QUOTATIONS ELSEWHERE. Press Association; AUCKLAND. June 211 ' Stock Exchange sales this morning:— Waihi, 41 ids 9d. Oil 19s. Nortnern Steam, X4e 4d. ■ . ' ' DUNEDIN. June 21. Stock Exchange sale:— Mount Lyeli, 41 6s J)d. • Stock Exonauge quotations : ‘Dredging Stocks—Eleotno, buyers 5s 6d, sellers 3s 9d; Rise and Shine, buyers Stocks—Talisman Consolidated, buyers 41 Is, sellers 41.-2 s; Waihi, buyers 41 13s 6d-i Waihi (Hand ..Junction, buyers 41 3s Gd. sellers 41 Is 3d; MountLyeli buyers 41 6s Bd, sellers 41 7s. Investment Stocks—N ational Bank, buyers 45 IDs, .sellers 45 11s 3d; Bank of New Zealand (old, ex div.), ’ buyers 411 4s; National Insurance, buyers 42 a. 9d sellers 42'9s 6d; N ; Z. Insurance, buyer’s 46 -Is; South British Insurance, buyers, .44 15s :6d;. -V -S-S Co. (ordj. buyers 41 3s 10d, feellsrs 41 4s; U.S.D. Co; (pref), buyers 41 0s 3d; Weetport Coal Co., sellers 41 lto-6d; D.I.C. (pieL). buyers 41; N.Z- Paper Mills, sellers Ls 4d; N.Z. Portland Cement; buyers os 6d; . Dominion Rubber; buyers ,18s; Motor Patent Tyre Cm, .buyers .41- -fa; Whitcombe and Tombs.-buyers 46 3s 6d., Wright. Stephenson, buyers 46_ XOs; Christchurch Meat. ,Ruyere ‘416 is- ,

Tie Department of Agriculture, Indue tries and Commerce has received the lollowing cablegram from .the High Commissioner for -New Zealand, dated Loudon. Juno 19 th, 1915. (Note.—Quota ; tiohs unless otherwise specified, are average' market prices on spot): Mutton.—The market is firm and prices continue to advance. 1 There is a fail demand despite higher priceei- Canterbury. 7id per' Ibf for best quality light weight; heavy weights, 7d; North Island, 7Jd for light 'weight; ordinary ' quality, 7d; ewes, '6|d.' Lamb.—The market is quiet with nd alteration in prices for light weight! Second grade, 8 5-16 d. ’ • Beef. —There is a very limited; supply of New Zealand beef- available. Nominal quotations :r-Hihds, 8d per lb; fores, 7d; chilled hinds, Bid; v fores, 7|d. J Butter.—The market is firm, Danish, per cwt, 146 s to 1495; New Zealand, 140 s to 1425, and up to 1445; Australian, 13Bs to 140 s; .Siberian, 130 s to 132 e; Irish orean-cry, 136 s to 138 s; Argentine, 136 s to 138 s.

Cheese.—The market ie quiet, and prices have declined further for colonial and United States cheese. About, the beginning of this week prices declined sharply, but the market closed firmer, and the price of New Zealand has advanced Is to 2s since the day before yesterday. Canadian, quiet; ’white, per cwt, 92s to 945. coloured 90s. to 925; New Zealand, improved demand, whit© 82s to 945, coloured 80s to 935; United States, a fair demand, white 90s to 925, coloured 88s to 90s according to quality and size.-; Hemp.—The market is steady, but the demand is only moderate. ; New Zealand good fair grade, per ton, .£32 10s, fair

.£3O 10s; fair current Manila, A'3B 10s. Forward shipment i New Zealand good fair X3l 15s, fair £29 10s; Manila, Jl3B. The output from Manila for the week was 24,000 bales. It is impossible to forecast - the prospects for hemp, , but anticipate little change in values' for some time. -

Wheat.—During last week the market has been inactive, but is now somewhat steadier. Canadian, April to June shipment, 51s per quarter; American, July to August, 445; Argentina, not quoted. Oats.—The market is quiet, and there is small business doing. Argentina, June to July shipment, 2G» per quarter. Hops.—The market is firmer, and there is an increasing demand for better grade. English, per cwt, 90s to 115 s; Californian. 75s to 105 s.

Wool.—The spot market is strong, and prices for fine wools have advanced sharply.

COMMERCIAL CABLES

HIGH COMMISSIONER’S REPORT.

i Tclrsraph—Pro Association—Oobyrlel't (Received June 20, 1 p.m.) LONDON, June 19. The XncorooraLed Society of Meat'; Importers' Smith fie Id market quotations for the under-mentioned 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 beef of fair average quality.. The quotations are not for selected lines, but for parcels fairly representative of the bulk of the shipments now on the market- The prices which fellow are on the average a farthing per lb more than the values ex ship, this, difference representing the average cost in expense, handling, conveyance, and selling of the meat: — New Zealand Sheep (crossbred wethers and maiden owes). Canterbury, 48-561 b 7Jd. Ditto, 56-641 b, 7Jd. Ditto, 64-721 b. 7d. Southland. hti-Galh. none offering. North Island, 56-651 b, 7d. Ditto best brands, 56-641 b, 7Jd. Ewes, 48-641 b,. 6fd. , Australian Sheep . (crossbred or merino wethem,. First quality, 40-601 b, 6 7-16 d. Second quality, 36-561 b, 6|d. Ewes. 3U-301b, 6Jd. : South' American or a«rln» wethers). L Lijfht. 40-561 b, 7d. Heavy, 56-721 b, 6Jd. ■ Ewes, 48-641 b. none offering.' 1 New Zealand Lambs.' Canterburv. 28-361 b. 81d. Ditto, 36-421 b. Bd. ■ Ditto, 42-501 b, none offering. Southland, 28-121 b, none ottering: North Island, select 28-421 b, BJd. • . Ditto, ordinary. 23421 b; 8 5-16 d- .- Australian Lambs. 1 Best brands, 28 421 b, Bsd. -; Fair quality, under 361 b, Bd. Inferior quality, light weight, 7Jcl.'. ' ' ?, South American Lambo. Light, 28-361 b, 7*d. Heavy, 36-121 b, 7id. Now Zealand frozen Beet, ; Ox fores. 160-2201 b, 6id; Ox hinds. 160-2201 b, 6|d. , Australian’ frozen Beef. Ox fores, 160-2201 b, 6id. ' Ox hinds. 160-2201 b, B(d. Argentine Frozen Beet. ; Ox fores, 160-2201 b, none offering, Ox hinds. 160-2301 b, none offering. ' Uruguay- Frozen -Beef, Ox fores. 140-2001 h. none offering. Ox hinds, 160-2201 b, none offering. Argentine Chilled Beet. ■ Ox fpres, 160-2201 b, 7Jd, Ox ’hinds, 160-2201 b, Bjd. Uruguay Chilled Beef. ' Ox fores. 140-2001 b. none offering. Ox hinds, 140-iOOlb. none offering. FROZEN RABBITS.’ V The , market for-frozen rabbits .ia quiet, and holders are firm. : ■ ■ BUTTER. , - . Danish butter is quoted at 149 s to 152 s f>Cr o "’ t ‘ : WHEAT. „ ■ Wheat is dull on lower official Indian ((notations and good weather reports from America, and Canada. ... ti At Chicago yesterday' wheat "futures were quoted, at. 104 J tolOGf per bushel for July options, , and ,102 i to 105 for September options. . • HEMP AND JUTE. New Zealand hemp, June-Angust shipment is quoted at .I>)2 per ton, , Jute.' native first marks, new crop, August shipment, .£24 5s per ton-. . COPRA. Bagged South Sea copra, June-July shipment, makes £2l per ton. COTTON. ... The Liverpool quotation for American middling‘Upland cotton, June-July shipment. is 5.21(1 per lb. RUBBER. Pine hard Para rubber is quoted at 2s 6|d ■ per lb;, plantation first latex crepe, 2s 5Jd; smoked ribbed sheetr 2s sid. ■. . ■ PRICES OP METALS. ■ Quicksilver—First hands, JU6 3s to £l6 5s per bottle of 751 b. By Telegraph—Press Association— Copyright LONDON, Juno 20. BEEADSTUFFS FOR EUROPE. The quantities of wheat and flour alloai for the United Kingdom and the Continent of Europe on. Saturday and at the corresponding time last year, Compare This week. Year ago. Qrs. , Qrs. For UE. - 3.080,000 3,035,000 For Europe '..:.. 2,740,000' - 2,290,000 , Totals 5,830,000 ■ 5,325,000 ■ Shipments from American . Atlantic ports amount to 522,000 quarters; compand with 469,000 quarters a year ago. No Pacific Coast wheat was put afloat, and there was none a year ago.' 1 , The total quantity of wheat and flour shipped from all exporting countries during the week -ended Juno ,19th was equivalent to 1,930,000 quarters of wheat, compared with" 1,270 000 quarters a year ago. .’Last week’s total included 159,000 quarters from India and 262,000 from Argentina. The market is steady,'and prices unchanged. WELLINGTON CUSTOMS.- . - g- - The Customs revenue received at Wel - lington yesterday totalled .05640 6s Bd.

INVESTMENT STOCKS. Buyers. Sellers. Sale.'. 4 a d A • d ■ -& E Banks— National of N.Z 5 10 6 — -r* Financial— Equitable Building 9 10 0 - ■ Gas— r Wellington, 0.19 6 pref. T-. Insurance— New Zealand 6 3 6 — — South British of N.Z i 15 0 Meat Preserving— Gear Co?» .£1 i 0 0 Shipping— Union Steam, pref 1 0 i — —, Manufacturing— Wgton. Wooli u len, ord. ... 0 — • — Wgtu. Wool3 10 0 — len, pref. ... 3 7 6 Coal— Taupiri 0 17 0 ~ -7“ •• Timber— Lcyland9 U'Brien, 1 1 **— * Miscellaneous— N.Z. Portland, Cement ...... 0 8 9 — — Golden Bay Cement 1 1 6 12 0 — Wilson’s Portland k . Cement (ord) 1 2 0