COMMERCE & MINING

New Zealand Times, Volume XLI, Issue 9256, 25 January 1916, Page 2

COMMERCE & MINING

WELLINGTON STOCK EXCHANGE,

YESTERDAY'S QUOTATIONS,

MINING STOCKS.

Dominion Developing Co. 11.30 a.m., b hi 13s. ... Murray Creek, old. —11.30 a.m., b Tl. Occidental Consol. —11.30 a.m., b 4d, s 9d. Waihi—ll.3o a.m.. s hi 17s.

Note.—The letter •*b” signifies buyers and “s” sellers.

INVESTMENT STOCKS. Buyers. Sellers. Sales. - jßsdJßs'. dJS.sd

DUNEDIN QUOTATIONS

Trass Association.

DUNEDIN

January 24,

Stock Exchange quotations :

Dredging Stocks.—Electric, buyers, 3s ‘3d; ’New Golden Run, sellers, ; hi- ss; Rise and Shire, - sellers, hi 10s. Mining stocks.—Talisman Consolidated, buyers 15s 3d, sellers 16s 3d; Waihi, buyers hi 15s, seljprs. hi 16s 3d; Waihi Grand Junction, .buyers 19s, sellers hi. Investment Stocks. —National Bank, buyers h 5 10s; Bank, of New Zealand (old), buyers hlO ss, sellers hlO 10s; Union Bank, .buyers h? 0 10s; Bank of Australasia, buyers hill 10s; National Insurant®, . , buyers J?2 '6s Gd; Union Steam (ord.), buyers hi 5s 9d; WestportStockton Goal, • sellers 5s 9d;. Dominion Rubber, buyers hi Bs, seller* hi 10s: Dohaghy’s Rope and Twine, buyers hi is 3d; Mosgiel AYoollen Co., buyers h 3 15s; New . Zealand Drug Co. (h2 pd*)> buyers. h2 4s : New, Zealand Paper Mills, buyers 15s 3d; Wright, Stephenson and Co. (ord.), buyers h 7 55.. WOOL SALES ' LONDON PRICES FIRM, By Telegraph—Press Association—Copy rich 1 •LONDON. January 23. The wool catalogued to date is 33,365 Kales; sold 32,385. Thero was a, strong sale 'arid - keen ‘ competition, .all classes hardening daily, _ ,', , ,

Tho following-prices were realised for the fleece portions of New Zealand clips named;—"Maraetaka/ 5 top price ' 19d, average ISjd ; “Christchurch,-” 21id and 19jd; "Piako” 21d and 21 id; ‘ Akatio 22d and 20Jd. The Baht of Now Zealand has received. the following cable advice from London, dated 22nd inst. Prices ,for (jrijagy crossbreds, . compared .with the close of last series, are 7J per cent, dearer, i ...... ■ , , Murray, Roberts and Co., Ltd., received a cablegram from their London friends, Messrs Sanderson, Murray and Co., under date 21st inst., as * follows London -wool market very strong.- Compared with close of last sales merino has advanced from 5 per cent, to 10 per cent. Best combing is in strong demand. All crossbreds advanced 10 per cent. COMMERCIAL CABLES By Telegraph—Proas As«qci j aUon--Oopyrlehl LONDON. January 23. BREADSTUFFS FOB EUROPE. The quantities ’ of wheat and flour afloat for the United Kingdom and the Continent of Europe on Saturday and at the corresponding time last year compare:— - ' ■ • This week. Tear ago; -■ Qrs. Qrs. For U.K .... 2,120,000 1,955,000 For Europe 2,550j000 2,165.000 4,700,000 4,120,000 Shipments from American Atlantic ports amount to 889,000 quarters,* compared, with) 511,000 a year ago. Pacific Coast wheat put afloat this week totalled 22,000 quarters, compared with 114,000 quartets a year ago. ! Tho total quantity-of wheat and floor shipped ; from all exporting countries (furing the week, ended January, 22nd was. , equivalent to 1,340,000 q uarters of wheat, compared with, 1,030,000 quarters a year ago. This week's total included 24000 quarters from Argentina.

HIGH. COMMISSIONER’S REPORT.

The Department ,ox .Agriculture, Industries, and Commerce has received the following cablegram from the High Commissioner for . New Zealand, dated London January 22nd. (Note: Quotations, unless otherwise specified, are average market prices .on spot). ‘ - Meat.—Tho market is -quiet; small business is 'doing owing- to-.a continued large supply of-all descriptions of homekilled selling' at poor* prices -at present; Prices for- frozen meat are firmer owing to a short supply. . , Mutton.—Canterbury 7j‘d per 1b,., for light weight; medium, Tid; other brands than Canterbury are .not, quoted. Ewes, average price, 7U.

Y Lamb.—Canterbury,' 7jd per. lb. for all weights; second grade, -7jd; other brands than/’Can terbury, 7j(i’for best quality; ordinary, quality, 7fd. -. ■ Bfeef.—There is no New Zealand beef of any desocipildu, at ’fhal marketl..!,C.hiH ed hinds, 7Jd; fores, 5Jd.

JJutter.—The market i»-.-qniet -at the decline. Danish, per cwt, 156 s to 160 s; New'Zealand: The spot market is bare owing to slow delivery from the docks. There is ’ a good demand ’for .any butter .available at 144 s to 146 s up to 148 s; hnsalted, 156 s to, 160 s; fine,, 140 s to 1425; Australian, 140 p up to 146 a; Siberian, 124 s to 130 s; Argentine, 138» to 1425. Cheese.—The market rifirm_and prices continue to”advance. Canadian,'white and coloured,-99s to 100 s; New Zealand, white and coloured, 98s; United States, Cheddar shapes. 96s to 98s : English Cheddar. 104 s to I06s; Cheshire, 114 s to 118 s. ’’ ' Hemp.—The market is very firm and ia greatly affected by reports of freight shortage. The market is excited and accurate quotations -cannot bo given. Quotations are nominal.' New Zealand good-fair, per ton on spot, -t-ri, fair.

£43; Manila, -how graded fanv*"i!ssi coarse, J 549; January -to March shipment, good-fair, £U; fair, .£42. Tow. Second grade, £25. The output from Manila for the week was 16,000 bales. Wheat.—The market is steady, and pricts • are well maintained. •• - There is a good demand for forward delivery. Canadian,- oh dpot, per quarter, 635; January to' March' shipment, 675; A.uetralian, January to March shipment, steamer, Css 6d; . sailer, 615., ' Oats. —The market is quiet, small business is doing. Argentine, an;spot, 31s. 6d; January to March shipment. 34s on account of freight scapcity, , ' Hops.—The market is steady with an improved demand. , , , i Wool. —Strong market. ■

LIVE STOCK SALES

AUCTIONEERS’ REPORTS.

N Z. Loan and Mercantile Agency Co., ' Ltd. ' ; "

At Palmerston on Thursday we held a good entry of both sheep and cattle and sold tho bulk of our- entry at late rates Aged store ewes 13s 3d, fat lambs 16s 6d t0...185. fat ewes 20s, 21s 6d, mixed weaners 31s 6d, good wCaner heifers 32s (si to A2 ss.- weaner steers jjdodj 39sj 18-mdnth bulls A 3 5s id A 3 13s, 3-year empty heifers A 4 17s to AG 17s 6d, empty cows AG to X 7 2a 6d, fat cows XT 15s, A 3 12s 6d, A 9, A 9 15s, low-conditioned cows with calves Ap 14a to -M, goqd; J»lvea AG 15s, A7j dairy cows and calves A 6 15s, A 7- dairy cows in milk XI Iss, 2-year bulls Xi 7s 6d, heavy bulls A 6 15s, X 7 13s 6d, AB. AT-.-Eeilding, on Friday,; wo.. had , a good yarding of both sheep'and- -cattle and have to report a very satisfactory sale for all classes- of stock Medium lambs 12s Id, rape lambs 13s lid, cull 2-tooth wethers'. 16s '3d, 2-tooth ewes 22s‘Id to 26s 6d, 2-tooth wethers 21s, 10d; f.»,. owes (low condition) IGs 9d; 18month heifers A 3 hsf 2-year heifers' fin good condition) A 5 19s, heifers in calf X 5, 18-month steers A 5 12s 6d, 2-ye\r steers (rough) A 5 7s 6d, forward cows Xe 17s Gd, cows and calves (extra, good) AlO Is, fat heifers A 8 17s 6d to All 10s, fat cows to A 9 18s, bulls. A 6 10s to A 7. FEILDING MARKET REPORT. A, H. Atkinson and Co., Ltd., quote Eeilding market prices .as follows Poultry (at per pair)—Hens 3s, 3s 3<l, 8s Cd. cockerels Is 9d. 2s, chicks ed.dugks 4s Sd. Pigs—Weaners 10s to 15s, slips to 21a, stores IGs to 255, porkers 275, 34s to lla; potatoes AC to A 7 per ton. WELLINGTON CUSTOMS. The Customs revenue received at Wei-, lington yesterday totalled A23T7 15s ad.

Banks--Now South Waits ...... 30 5 0 — — New Zealand, «£3 6s -8d pd 10 7 0 _ — New Zealand, 13a £d pd 16 2 6 , — — FinancialEquitable Building Co f9 15 0 N.Z. and. E. Plato Land. Ltd. 2 0 0 — —1 Wet Invest. T.A., Ltd. — 0 11 0 — Gas— Napier, jfi5 ... — 9 0 0 Insurance— Now Zealand... _ 0 6 6 Meat Preserving Gear Co., .£1... £ 1 « 4 5 0 Shipping— Union Steam, ord. 1 5 9 — — llanufactoHiig— vVgtn Woollen, ord 5 1 0 _ Wgton Woollen, prof. ......... 3 7; 6 — — Coal— Westport ;. 1 73 1 s 0 Miscellaneous— N.Z. Drug, Ltd., £% ...... -2 1 0 3 r 0 W.i’.C.A., £5 — ■ 6 i 0 ■ —' _ fOum div. -