COMMERCE & MINING

New Zealand Times, Volume XLII, Issue 9820, 17 November 1917, Page 2

COMMERCE & MINING

WELLINGTON STOCK EXCHANGE. YESTERDAY'S QUOTATIONS. Bayers. Sellers. 4ed X B d Mining—

QUOTATIONS ELSEWHERE. Press Association. AUCKLAND. November 16. Stock Exchange sales : Auckland Gas, 27s 9d. Tanpiri Cdtu, 235. COMMERCIAL CABLES, By Toleeraph—Press Association—Copyright Australian and b Z. Cable, Association. (Received November 16, 9.30 p.m.) LONDON, November 15. The wheat market is lifeless,. No cargoes are offering. FLOUR. Flour is in strong demand and there is litflo ' available. Australian flour is not being offered. OATS. PEAS AND BEANS. Oats are steady and quiet. Peas are firm. New Zealand and Tasmanian maples from 130 s to 14Qs. Beans are firm and unchanged. SUGAR. . Sugar-granulated, 46s 9d. THE METAL MARKETS. Tin —Straits, for cash, 4276 17s 6d per ton: forward delivery, 43275 17s 6d. Silver.-—ln bars. 43(d .per oz standard. Other .metals.—Prices unchanged. FROZEN BABBITS FOB ENGLAND. By Telegraph—Press Association—Copyright (Received November 16. 10.10 p.m.) MELBOURNE. November 16. It is understood that-the British Government will next season-■ take 20,000 tong of rabbits „.t the same Prfcos ami on, the same conditions as last season. WESTPORT COAL COMPANY. Press Association. AUCKLAND. November 16. The annual report of the" Westport Coal Company states that, the profit for the year was 4344,676. which with' the, balance from last year makes X 50.964. An interim dividend of 9d per share was declared, for the half-year ended March 31st. ( The directors propose a dividend of Is for the half-year' ended September 30th. also to" Appropriate 431000 for employees’provident fund and carry 4310,589 forward. The directors also propose a bonus of 3d per share from the insurance fund.

LIVE STOCK SALES AUCTIONEERS’ reports. Loan and Mercantile Agency. At Westfield. Auckland, fat stock market on Wednesday beef was penned in full numbers. Competition and prices were on a par with last week’s report. Best oxen sold to 432 16s per luOlb; others, 432 9s to X 3 15s per 1001 b; cow aud heifer beef sold at from 432 7s to 453 12s Per 1001 b: steers sold at from Xl4 to 4323 7s 6d: cows and heifers, X 9 to Xl6 17a 6d. Some of the average# w’ere: 35 steers from Messrs Friedj.ander Bros., Surrey farm. 4320 9s 3d; 17 steers from Mr W. Henry, Taupiri, 4317 7s; eight steers from Mr B. Allen. Cambridge. 4318 18s lOd: eight steers from Mr W. Harding, .Wellington Park, 4318 ss; seven heifers from Mr Robert Willis, Papakura. Xl3 19s 6d: three cows and heifers from Mr Harrv Brown, Panmure, Xls 10s lOd. Calves were yarded in large numbers, and prices were slightly easier. Runners mode from 437 to 48 7s 6i; heavy vealers, X 5 12a 6<l to 436 15s; medium, 433 17s 6d to 45 10s; light, 4)2 ltt» to 43 14s; fresh-drop-ped, . 18s to 43 2s 6d; weak and poorconditioned, 7s 6d to 13s. Sheep were penned in large numbers, and. although competition was not so keen, last, week’s prices were fullv maintained. .Heavy, w’oollv wethers. 42 7s to 43 ils fid; others, 43 Is to 432 6s 6d: heavy shorn wethers. 36s to 38# *kl, ether#, to 355; heavy woolly ewes, 432 to 42 Ss 6d; others 41 16s 6d to 41 19s 9d; extra heavv shorn ewes to 431 11s 6d; heavy shorn ewes. 41 13s to 41 15s 6d; others, 41 9s to 41 12s 6d; aged and inferior. 22s upwards; woolly hoggets. 41 Ms to 4t 19s 6d; shorn hoggets, 26s to 325: inferior, 19s to 245. Lambs in largo numbers sold. Beet, 41 4s 0d to 431 Ss: others, IBs to 431 4s 6d: in, ferior, 13s to 17s 9d. Pigs yarded in average numbers, prices being scarcely up to last week’s quotations. Choppers sold from 435 2s fid to 46 4s; - heavy baconers, 44 12s fid to 45; others. 41 12s 6d to 44 8s fid; largo porkers, 43 to 43 10s: medium. 42 10s to 42 18s; small, 38s to 42 9s; slips, selling well, 28s to 375; weaners. T2s fid to 27s 6d. ■ Dalgety and Co.' We hold the weekly fat' stock sale at Westfield on Wednesday, as under:— Beef: A moderate yarding, and prices wers slightly lower than late rates. Choice pens of extra prime ox made up to 42 15s per ,1001 b. Ordinary quality," 50s to 525; cow and heifer beef made equal to 48s to 51s per 1001 b. Veal: Average yarding, which sold at late rales. Heavy runners made up " to 49 17s 6d; heavy suckers, 43 10s to 44 11s; small suckers, 50s to 645; others, os to 28s. ■Mutton; Average yarding. Prime extra heavy wethers made up to 38s 6d; medium wethers, 83s 6d to Sss 9d; heavy shorn ewes up to 345, light ditto 28s to 325; fat hoggets, 26s to 28s. Lamb: Moderate yarding, which sold at last week’s rates. Prime heavy made up to 30s; medium weight, 23s to 245; light, 18s 6d. Pork: Medium yarding, which sold at late rates. Bacon pigs sold at equal to per lb; porkers, 8d to BJd per lb. Weaners sold from 10s to 18s. Loan and Mercantile. At our weekly stock sale held at the Millar’s road saleyarda, Dannevirke. on Friday, we had a fair yarding of both sheep and cattle. Prices were a little easier. We ouote as follows :—Sheep; Ewe hoggets 34s m.s. hoggets 29s 6d. bff. hoggets 23s Sd, prime fat hoggets 42 ss. wether 7d. Cattle: Empty cows from 4 1 15s, yearling steers from 40 10s. AUSTRALIAN PRODUCE MARKETS. Gy Telegraph—Prw Association—.Copvrly’it SYDNEY, November 16. Oats. Algerian feeding 3s 3d per bushel, milling Ss 6d to 3s Bd, Tasmanian 3s lOd to 4s; maize, 4s 5d to '4s 6d; potatoes, Tasmanians, 49 10s per "ton; onions, 416 to 420. ADELAIDE. November 16. Oats, 2s 6(<i to 2s 7td. MELBOURNE, November 16. Barley, Chevalier malting 4s 6d to ■ 4s ; 7|d per bushel. Cape 3s 3d to Ss.4d; oats, Algerian milling, 2s 9d to 2s 10Jd; potatoes, 44 10s to 45 15s per ton; onions, 415. WELLINGTON CUSTOMS. The Customs revenue received at Wellington yesterday totalled 42463 7s • lOd.

FINANCIAL CABLES BANK AND STOCK EXCHANGE REPORTS By Telegraph —Pres* Association—Copyright (Received November 16, 9.30 p.m.) LONDON, November 13. The Bank of England return issued lor the week ending Wednesday, November 14th, la as follows: issue Department. £ £ Notes issued 42,359,000 Govt, debts 11,015,000 Nooes in res. 29,908.0j 0 Other sccuri- ' ties 7,434.000 Gold 63,818,000 £72,267,000 £72,267,000 BANKING DEPAETMENT. Proprietors’ Govt, seouricapital 14,553,000 ties 58,721,000 Public de- Other securiposits 41,225,000 ties 90,103.000 Other de- Notes in res. 29,906,000 posits 120,511,000 Coin in res. 1,789,000 Rest. 7-day, & other bills 4,232.000 £180,521,000 £180,521.000 The leading items of the Bank of England return afford the following comparisons:— This Last Last week. week. year. £ £ £ Bullion 63,818,000 54,279,000 54,529.000 Reserve ......... 31,697,000 32.251,000 38.031,000 Note oiroTtiori 42,359 000 42,390.000 56,894,000 Deposits 151,736,000 164,556.000 168,663.000 Proportion oi reserve to 11a- ' bilities 19-48 19.60 22.55 THE MONEY MARKET. This Last Last week. week. year, per cent, per cent, per cent Bank rate 5 5 6 Short loans .., 41 41 6 Three months’ bills 43 43 ■ CONSOLS AND AUSTRALASIAN STOCKS. Current quotations for Consols and Australasian Government stocks. compared with those of last week and of November 16th, 1916, are:—

•Interest payable in May and November, •(■lnterest payable In January and July. payable in April and October.

Murray Creek — 3 0 0 Investment — National Bank — 5 8 6 Bk. N.Z. W3 6s 8d)... — . 12 .7 t> Bk. N.Z. (£6 13s — 17 12 0 N.Z. mid It. Plato 116 3 — Wn. Trust I/oan 0 6 S 17 6 Wn. Dep. and Mort. 3 — St. Brit. Insurance... * ' 5 17 0 N.Z. Eefriseratintr (£10) — 19 10 0 Tauniri 7 15 9 — Waipa Colliery — 0 18 3 Ward and 'Co.. L-td ... — 5 10 0

3too'.£. iThu weoit Waek as?. loar Xio (1. 1 c <) i. d 2i% Imperial O’ la ’ s 65 L2 : 6 5b lb (: 53 0 0 :d 84 34% I. War Loan •: 85 u 0 85 2 6 10 n 6 84 15 34 0 3i% New ZeaUmdH 83 3% New Zealan 1+ j 63 5 0 /6 2 C 0 62 5 15 34%NewS.'VVale3 ! 08 12 6 68 10 0 V5 10 3A% 1030-6a:.7U t‘ 5 12 6 68 b V 60 7 6 b 0 05 10 0 04 0 Si% Victoria. ..i.M V 6 85 7 6 83 15 0 34% „ 1939-»i 70 0 0 15 0 I 10 0 62 12 34% 3th. Australia ; 72 6 6 73 5 3% sth. Australia i 57 10 0 50 4% Queensland i 00 XU 0 10 0 88 6 3 h'/n Uuaen-d;ind ' I 67 lo 0 15 0 3% Queensland - .■ 62 1, 6 62 5 63 0 34% W, Australia i 5 .0 i 0 6 b c 68 6 0 3i% Tasmania 1 72 2 o 72 2 6 72 15 U 3% Tasmania i 65 / 6 P5 0 0 66 2 6