COMMERCE MINING

New Zealand Times, Volume XLII, Issue 9625, 3 April 1917, Page 2

COMMERCE MINING

WELLINGTON STOCK EXCHANGE. YESTERDAY'S QUOTATIONS.

QUOTATIONS ELSEWHERE. Press Association. AUCKLAND, April 2. Stock KxchaiiKO sales Union Steamship, -los Oil. Waihi. 31a. DUNEDIN, April 2. Stock Exchange quotations Electric, sellers 4»; Talisman, sellers 8s Dei; Waihi, buyers 33s 6d. sellers 35s:_ Grand junction, buyers 13 s Gd. sellers 13s; National Bank, buyers .63 2e, sellers £o « 6d: Bank of New Zealand (new), buyers .£l7 Cs; New Zealand Insurance, buyers 52s «d( Union Steam, buyers 45s 9d, sellers 465; Union Steam (pref.). 20s lid, sellers 21 s 3d: Huddart-Parker. buyers 24s 3d, sellers 25s 3d; Wcstport-Stock-ton Coal, buyers 7s, sellers 7s Gd; McLeod’s Soap, buyers .£l4 10s; New Zealand Portland Cement, buyers 12s; New ■ (Zealand Paper Mills, sellers 19s. 3d; Onmaru Woollen, buyers 28s 6d; Wright, Stephenson, buyers £7 Is; _ Wright, Stephenson (pref.), buyers 9as ; New Zealand Express, sellers 19a 6d; Bruce Woollen, buyers 23s 6d. LONDON STOCK EXCHANGE. 6y Telegraph— Preee Association —CopyrIr ll 1 Australian and N.Z- Cable Aosociation London, April i. Union Steamship (N.Z.), 45a. COMMERCIAL CABLES By Telegraph — Prose Association— I Copyright Australian and N.Z. Cable Association. WHEAT. LONDON. April 1. The wheat market is firm. Tho Commission has raised prices Is at London and Is and la 6d at Liverpool. At Chicago to-day wheat / futures were quoted as follow, — , / Market Marapt opened, closed. Per bushel. Bd s d May options S 8 1JJujy options 6 IPi 6 91 FROZEN .MEAT. Mutton.—South. American, HJd per lb. Lamb.—South American, 13RI per lb. Other meats are unchanged. Rabbits.—The market is quiet, and prices show no change. COPRA. The market is inactive. Bagged .South Sea copra, February-April shipment, is quoted nominally at <£4l per ton.

LONDON, April 1. The wool catalogued totalled 59,8X8 bales; withdrawn by the Government, 16,580; sold, 38,676. There was a good selection of merinos and keen competition by the Home. American, and Continental trade at yesterday's sale. This was the first sale at which purchasers far export were allowed to. operate. The War Office allows the United States to take 10,000 bales out of tho catalogues, but buyers only bought about 1500. Prices are firm. Better classes are dearer. Tho Bradford market is strong and tending higher. Business is small, HIGH COMMISSIONER’S REPORT. The Department of Agriculture, Industries and Commerce has received tho following cablegram, dated London, March 31st, from the High Commissioner for New Zealand. Note—Quotations, unless otherwise specified, are average market prices on spot:— Meat —The demand is in excess of supply for all descriptions of frozen meat. Government has released only a small quantity. New Zealand mutton, per lb, BJd; ewe mutton, SJd. Argentine mutton, heavyweight, 12d.; lightweight, 12-ld. New Zealand lamb. 10d. Argentine lamb, 13-id. New Zealand beef, no supplies available. Argentine beef in good supply. Argentine chilled beef, -hinds. Hid; fores, XOid. New Zealand boneless beef. Hid. Butter—The market is firmer partly owing to New Zealand butter being in

small supply. Danish butter- in fair supply 2los to dr-;-. Dutch creamer), iois to 2U»s. New Zealand Putter, 210* to 2205; unsaltod., 208 sto 2125. Argentine, 103 sto 2025. Australian sailed, ///is to 206 b; unsalted, 200 s to 2045. Cheese—No quotations owing to short .supply, With the exception or States flats, in keen demand. IWL. Hemp—Spot market is strong. Good demand, lor all descriptions. Market active owing to small arrivals. Good fair New Zealand hemp, .£73 lbs; fair, .£72. Government graded fair Manila, £9C; coarse. .£79. April to. June shipment good fair New Zealand, .£73; fair, £7l.' Government graded fair Manila, .£93; coarse, .£7B. Output of hemp from Manila for fortnight ending March 17th was 37,000 bales. Wheat—Market firm, with hardening tendency There is a general', and active demand, but very littie is offered. Australian. 85s; Canadian, 83s; Argentine, 82s. Oats—Market looks very strong. Thera' are a number of buyers at present price of New Zealand. 545, but almost nothing olfered for sale. BRITISH TRADERS' INSURANCE CO. With reference to the paragraph that appeared in our issue of Saturday relative to the establishment, in Wellington, of a branch office of the British Traders’ Insurance Company, Ltd., we have been requested to state that Messrs VV. M. Bannatyno and Company, Ltd., are still chief agents for the marine department of that company’s business. WHOLESALE PRODUCE PRICES. Laery and Co., Ltd., Alien street, report • wholesale prices as follow Fowls’ wheat, prime, Cs 4d per bushel; fowls barley, 4s 8d per busael; Wpe barley, 4s 9d per bushel; Prussian blue peas. La 6d per bushel; partridge peas, 8s Cd per bushel: maize feed, 5s 3d. to 5s 6d per bushel; crushed maize. Cs per bushel; chaff, oatsheaf, .£6 10s per ton; hay, clover. £5 5s per ton, meadow £5 per ton; flour in sacks, <£lC 3s per tor; oatmeal .£22 per ton; pollard, £7 15s ton; man, .£5 IDs per ton; bacon (all best factory), sides Is OJd per lb, rolls. Is lid per lb, hams Is lid per lb. shoulders KHd per lb, cheese (factory) medium lOd per lb, loat lid per lb: linseed meal. lOC’s ,£ll IDs, SO’s £l2. 20’a £l2 10s; linseed nuts. 12s 6d pen cwt; linseed ground cake, 12s 6(1 per cwt; whole linseed. 26s per cwt; barley pollard, £7 per t° n * onions, £8 10s per .on; potatoes, whiteskinned table £6 10s to £7 10s per ton. All poultry in very good demand. Hons, 3s to 4s 6d per pair; cockerels, 4s to 7s per pair; ducks,. Pekin and Aylesbury 7s per pair, Indian Runners, 5s per pair; turkeys, gobblers. Is 2d per lb, hens. Is* Per lb live weight; eggs, fresh, 2s per dozeneggs, preserved. Is 8d; butter, prime bulk Is ltd per lb. LIVE STOCK SALES AUCTIONEERS’ REPORTS. Abraham and Williams, Ltd. ’At Shannon on Friday we had good yardings of both sheep and cattle and quote:—Woolly lambs 19s, fat lambs 22a to 22s Gd, light- fat sheep 30s. shorn lambs Hs 7d to 16s, cull ewes 6s 9d. fat cows _£9 14s to £ll 2s, light fat hollers £8 17s 6d, forward cows £6 19s to £9 6s, store cows £-1 7s to £G Is, empty heifers £6,- yearling steers £6 IDs to £6 15s, bulls £6 10s £8 10s to £lO- ' Horses and implements on account of Mr J. Bresnehan realised good prices.

WELLINGTON CUSTOMS. The Customs revenue received at Wellington yesterday totalled- £2007 19s sd.

Buyers. Holler X a d X s d Alining— Talisman — 0 & G Grand Junction — 0 li iluuniki Keels (cont.) — Investment — National Bank 5 % 0 — ilk. N.Z. (.£3 (is 8d) ... a 8 0 a VI . lik. iM./j. (£8 13s 4d)... 17 3 6 — Union Bank 5li 12 G Oii. National Mortgage ... — 6 1( Loan and June, lord.) 82 0 0 — N.Z. and K. l > lotc . ffn. Invest. T. and A. 0 11 0 — Wn. Trust Loan 6 IS G __ Christchurch Gas (,Xo) 6 0 0 — National Insurance ... *— 2 10 X.Z. insurance — Wn. Meat Export (X5) 6 0 0 — Union Strain (ord.j ... 2 o Union Steam (pref.) ... 1 0 11 — Westport Coal — 1 (ord.) — 0 7 Loyland-O’Brien 1 o —- Sluirlajid & Co. (ord.) 1 7 0 — 1 i 0 —. Sale reported: Kaiapoi Woollen, Jm a 3.