COMMERCE & MINING

New Zealand Times, Volume XLII, Issue 9690, 19 June 1917, Page 2

COMMERCE & MINING

WELLINGTON STOCK EXCHANGE.

Ward and Co 5 12 6 QUOTATIONS ELSEWHERE. Press Association. AUCKLAND, June 18. Stock Exchange sales New Zealand Insurance, .£8 Is. DUNEDIN. Juno 18Stock Exchange quotations-. Nokomai Hydraulic, b 15s, s 20s, Rising Sun, s AT. Talisman, b 9s 3d, s 10s. Waihi. b 34a 6d. s 33s 3d. Grand Junction, b 14s 9d, e 15s 6d. M’ount Eyell, b 275. s 2is 6d. Bank of New Zealand (old), b Al2 7s 6d. Standard Insurance,, b 29s 3d. Union Steam, b 5Ss 9d, s 60s; preference, b 20s 9d. Huddart-Parker, b 32s 3d, s 32s 6d. Westport Coal, b 24s 7d, s 30s. Westport-Stockton, b 8s lid, s 9s. Daloety, b 137 s Gd. Domioion Rubber, b 41s 9d. Dunedin-Kaikorui Trams, b 21s Cd. Slilburn Lime, b 325, s 335. National Mortgage, b 765. Portland Cement, s 13s. Paper Mills, s 19s 3d. "Dailv Times,” b 545, s 565. Bruce Woollen, b 25s Gd. Perpetual Trustees, b 235. Wright. Stephenson, b 1455; preference, b 95s 3d. Sales: — Huddart. Parker. 32s 6d (three parcels). 32s 9d, 335. Westport-Stockton, 8s Id (four parcels). MOUNT LYELL MINE. The following report in connection with the Mount Lyell Mine has been issued for the fortnight ended June Bth ; Mount Lyell.—No. 9 Level, No. 3 Rise, extended to 57ft through pyrites. North Mount Lyell—Bsoft Level North Drive extended to 817 ft through quartzite. 925 ft Level Oiviwn Drive advanced Enough schisty and quartzite ore to 40 ft. No. 2 North Drive extended through quJirtzitic ore to 2-13 ft, 1000 ft Level, Grown Shaft Flat, completed, opening out Embers placed in position; Crown Shaft Rise started and lifted lit; 1100 ft Level, No. 305. Diamond Drill Bore, has been drilled 138 ft. Reduction works. One furnace was blown in and has continued in blast since 3rd inst. IJuring current halfyear , S9O tons of blister copper, consigned to elpctrolytio works, Port Kemlila tor refining. HIGH COMMISSIONER’S REPORT. The Department of Agriculture, In-dusE-ies and Commerce has received the following cablegram, dated London, June 16th. 1917, from the High Commissioner for New Zealand. (Note: Quotations, unless otherwise specified, are average market prices on spot);— Meat.—All descriptions of frozen meat continue in good demand. Demand has considerably fallen off for Ilome-kiled mutton and English lambs as a result jf the hot weather checking the demand for meat. There is a fair demand for Home-killed beef owing to_ scarcity of Argentine beef. New Zealand mutton, per lb, BJd; ewe mutton. BJd; Argentine mutton, small supplies, Kkl; New Zealand lamb, 10d.; Argentine lamb, lid; Argentine beef, no quotations owing to short supply. Butter.—Market quiet. Danish, salted, 193 sto 2l)0s: Irish creamery, , salted. ISis to 188 s; unsalted, 190 s 6d to 194 s Gel; New Zealand, salted. 109 s to 191 s; uncalled, 190 s to 1945: Australian, salted. ISOs to 184 s: unsalted, 186 s to 18Ss; Argentine, no official quotations, no supplies available. Cheese. —Market is very quiet, buyers waiting unEl cheese under Government control has been released. Heavy supplies of inferior quality Dutch cheese, no official quotations. Hemp.—Manila hemp, market remains as last reported. New Zealand hemp market continues firm, offerings are very small for which extreme prices asked. Nominal quotations. New Zealand highpoint fair, ,£S9 per ton; fair, AB7: common. ,£BS; reasonably early delivery. Stocks on hand on June Ist 495 tons New Zealand hemp. Wheat. —Market quiet but firm. Official quotations. No. 2. Manitoba Northern. 82s 6d: No. 2. hard whiter, 80s; AusEalian, 83s. Oats.—Market is dull with a downward tendency. Canadian, 665; American. 655. WHOLESALE PRODUCE PRICES. Laery and Co., Ltd., Allen street, report wholesale prices as followFowls’ wheat, prime 6s lOd per bushel; fowls’ barley, 4s 3d per biishel; Cape barley. 5s per bushel; blue peas, 17s 6d per bushel; partridge peas, 7s per bushel; maize feed, 5s 9d per bushel; crushed maize 6s 3d per bushel: chaff, oatsheaf, £8 per ton; hay, meadow, A 5 per ton; flour in sacks, Al 6 5s pe>- ton; oatmeal, £23 per ton; pollard, £8 10a per ton; bran, £5 5s to £5 10s per ton; bacon (all best factory), sides Is Id per lb, rolls Is 2d per lb, hams Is 2d per lb, shoulders lid per lb; cheese (factory), medium lOd per lb. loaf lid per lb; linseed meal, 100’s £l2 ss, 50’s £l2 15s. 20’s £l3 ss: linseed nuts, 12s 6d per cwt; linseed ground cake, 12s 6d per cwt; whole linseed, 24s per cwt; onions. £ll 10s per ton; potatoes, white-skinned table, Canterbury, £6 to £6 10s per ton. All poultry in very good demand. Hens, 4s to 6s 6d per pair; cockerels, os to 7s 6d per pair; ducks, Pekin and Aylesbury 8s to 9s per pair, Indian Runners 6s to 7s per pair; turkeys, lid to Is 3d per lb live weight. Butter, prime bulk. Is 4d per lb; eggs, fresh, 2s 4d to 2s Gd per dozen. WELLINGTON CUSTOMS. The Customs revenue received at Wellington yesterday totalled £7756 1 4s.

YBSTEEDAY'S QUOTATIONS. Buyers. Sellers. A s d X 3 Mining— Murray Creek Talisman Consol Wnihi ■ • 1 u 9 2 G 0 9 u 6 Grand Junction 0 14 y ' Investment — National Bank 5 10 G 5 11 Xik. N.Z. (JK6 13s 4d)... 17 14 0 17 10 N.Z and H. Plate • •• v> n. Invest T. and A. 0 11 G 0 vvm. Dop and Mort.... — 0 i Gheli. Ua& 6 6 0 6 10 N.Z. Insurance — 8 3 ,Slh. lint, of N.Z 6 0 0 U d Standard of N.Z 1 19 0 — iiudUart-Parkcr (ord.) 1 12 6 1 13 6 i’nion SC-am (prci.j ... 1 o Kaiapoi Wool. (ord.)... 6 17 6 Wn. Wool, (ord.) — 6 6 Wn. Woui. (pm.) 3 18 0 Westport Coal 1 9 6 — Westport-Stock ton 0 8 0 — Westport-Stuckton (pm.) U 11 3 - Waipa colliery 0 18 0 0 19 0 LfTrand-U’Xirien 1 6 3 — Manning and Co 3 10 0 — 0 Consol. Dental — 1 5