COMMERCE AND MINING

New Zealand Times, Volume XLIV, Issue 10206, 17 February 1919, Page 2

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE,

SATURDAY'S QUOTATIONS.

WAIHI SHARES. Australian and N.Z. Cable Association. (Received February 16, 11 p.m.) LONDON, February 14. On the Stock Exchange yesterday Waihi shares were quoted at buyers 41s -d,, sellers 42s 6d. . : F MOUNT LYELL MINE. Tho Mount Lyell Mining and Eailway Company, Lt<*., report for tho fortnight ended January 29th as under : Mount Lyell Mino.—No. 6 rise completed in pyrites at 52ft, will be used as ore-pas» North Mount Lyell Mine.—926ft Level, No. 2. north drive, to 490 ft through good grado quartzitto ore. ' Reduction Works.—One furnace in blast during fortnight; 1820 tons of blister copper consigned to the refinery for the current year. MOUNT! READ AND BOSEBEBY MINES. Tho Mount Bead and Eosebery Mines, Ltd., report as follow for tho fortnight ended January 29th : Hercules Mine.—No. 5a level, 430 ft, south drive to 114 ft, intersected good grade zinc lead sulphide ore at 106 ft; crosscut from main adit at 509 ft, point extended 2ft in high grade ore. No. 5 level 340 ft, south drive to 24ft, in' quartzitic schist. . .Eosebery Mine.—Main adit level, north drive to 554 ft, full face 10ft wide of fair grade ore. Nti. 5 level drive, north of No. 13 rise, to. 52ft, with ore. of fair grade over fuil width of face. No. 8 level, north drive, to 385 ft, full face of good grade ore showing. . ~ , '' COMMERCIAL OABLEB ■■'. (Received February" 16, 11 p.m.) Australian and N.Z. Cable., Association. LONDON, Febmary 14. The War Office has cancelled the order dated November 3rd, 1917,' restricting the output of merino tops. The wheat market is quiet. An Australian parcel on passage sold at 86s. Flour also is quiet. Australian ii sot offering. Oats, beans, and. peas are quiet and steady. - . Sugar prices are unchanged. Buiter and cheese prices are unchanged. . The committee of the Produce Exchange is urging the Government to remove the control as soon as a sufficient Bupply is assured, HaDE3~AND TAIiLOW. FORTNIGHTLY SALES IN WELLINGTON. The fortnightly salos of hides and tallow were held in Wellington on Friday. The reports to hand ehow that competition from both oxporters . and tanners was extremely keen, and prioes showed an advance of a half-penny per lb for cow hides, and W'to jd per lb for ox hides. Murray, Roberts and Co, secured the extreme price of 14id per lb for two lines of heavy ox in prime condition. Calfskins were in good demand at advanced prions. Tallow was entirely negleotod. The following is the range of prices current at the sale: — d. d. Ox, heavy, 601 b up v 12 to 14J Ox, medium, 80lb to 591 b 12 „ 13 Ox, light, 401 b and under ... 11 „ 11* Cow, heavy, 551 b and over ... Uf Cow, medium, 421 bto 541 b ... 11 „ lift ' Cow, light, under 421 b 10 „ 11J Cut, slippy and inferior 8 „ 101 Bull, stag 7J „ 9i Yearlings, 161 b to 241 b 10J „ 12 Calf, superior, up to 161 b ..,,..19 „ 23 Calf, medium to good. do. ... 17 „ 22 Calf, damaged „.. 8i „ 17 EWE FAIE AT MAETINBOEOUGH. Wright, Stephenson and Co., Ltd., report having held their annual ewo fair in the Martinborough saleyards on Thursday, when they offered a heavy yarding of sheep on account of Messrs John McLeod. M. McLeod, R. MoLeod, John McMaster, Henry McMaster, Stanley McLaren, John Martin, jnnr., E. C Holmes, D. Ross, C. O. Evans, Wall and McLeod, and other clionts, before a large attendance of buyers. There was a keen demand for ewes of good quality, and a decided improvement in the tone of the market was quickly apparent, as shown by tho following pricen •. 4-year ewes 28s to 30s, 2-tooth ewes 30s 4d to 30s 9d, 4-tooth ewes to 32s Gd, «6-tooth ewes 26s 6cl to 28s, s.in. ewes to 24s cull 2-tooth ewes to 235, oull aged ewes to 19s, 4-tooth wethers 27a 6d to 28s, 2-tooth wetherß 24s to 26s 3d. WELLINGTON CUSTOMS. j Customs duty collected at Wellington on Saturday totalled =

3uy ers. Seller »• Mining0 12 6 '' — 0 10 3 — 2 4 3 2 5 0 0 13 0 — Investment— Bk. of Australasia ... 128 0 0 — — 7 5 0 13k. N.Z. (£3 6s Bd)... — 14 0 0 Bk. N.Z..(.£6 13s 44.),.. 18 2 6 — 2 0 0 — Loan, and Mercantile 101 0 0 — Loan and Mercantile 65 0 0 -" Wn. Investment 0 10 ;i Wn. Trust and Loan 5 13 8 — WcIlinKcon Deposit ... — 0 « (J 6 5 0 — National Insurance ... 3 9 0 — 12 0 0 — 3th. Brit. Insurance... I 7 0 — N.Z. Refrigerating ... . — 2 16 9 Wn. Moat Xiixport (^&* 4 0 0 1 — Wn. 'Meat Export (£2 2 11 0 — Auck, Trams' (pref.) ... 0 16 9 — U.S.S, Co. (pref.) 1 1 3 1 1 9 P. and O — 398 0 0 Wn. Wooll. (ord.) ... 7 8 0 — 1 11 6 1 12 0 — 0 18 0 1 7 7 "" Golden Bay Cement... 0 18 9 Sharland (ord. and 1 10 0 — 1 14 0 ■ ""' Wilson'/ (N.Z.) Port0 1* 10 — British Petroleum Development (.£1 pd.)... — 0 6 0 War Bonds (1938) 96 10 0 — 0 88 10 0 98 0