COMMERCE AND MINING

New Zealand Times, Volume XLIV, Issue 10211, 22 February 1919, Page 2

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE

YESTERDAY'S QUOTATIONS.

•Sale on 'Change. QUOTATIONS ELSEWHERE. Preaa Association. DUNEDIN, February 21. Stock Exchange sales.— Huddart-Parker, 38s 9d (five parcels), 38s lOd. Westport Coal, 31s 6d, 31s 6d. Mount Lyell, 24s 3d. 24s 3d. Union Bank (fractional rights). 43s 6d, 455. CHRISTCHURCH, February 21. Stock Exchange sales—Standard Insurance, 475; Taupiri Coal, 19s 6d. The Department of Agriculture, Indusand Commerce has received the following cablegram dated February 15th. from the High Commissioner for New Zealand, London :—"Hemp market quiet and small business doing. Manila selling slowXy Government price. Refer to my telegram of January 10th (published January 18th). Government have decided to allow revised price, apply to allotment made on or after November Ist. New Zealand, small business has been done, fair high points <£ss, .£6O, but demand is limited. Sisal stocks in Mexico 380,000; East Africa, stocks large." This cancels the department's advice which was published yesterday. CHRISTCHURCH MARKETS. Tress Association. CHRISTCHURCH, February 21. A fair trade is being done in new season's wheat at the new Government price, 6s 6d a bushel. Much of the wheat offering, however, is of poor condition, and reports are to hand that fair quantities are being rejected by the millers as being too soft. The cause of this is ; the threshing from the stock during the moist weather, and the grain has no opportunity to mature to a hard condition. Oats are offering much more freely and a small drop in prices occurred. Good feed Algerians can now be bought at 4s to 4s 6d and seed at 2d more. Other varieties of oats are now coming on tae market. There are no change in seeds, potato and onion markets. FRUIT AND PRODUCE

WELLINGTON MARKETS.

An excellent 1 range of values is TUling in the local fruit markets for practically every description of fruit, and this despite the fact that heavy consignments are reaching the markets- several times weekly. No doubt the hot weather 1b responsible to a great degree, but against this is the absence of the larger demand which was created by the soldiers in 'camp. Tomatoes are about the only line which is without much life, due to the fact that supllies have been arriviog from several quarters in extremely large quantities, with the result that there '-.as no other course open, but that values shauld fall to a considerable extent. Higher rates are not likely to rule for some little time yet. Owing to tho raspberry season being later than usual, consignments of this, fruit are still on the market.

Apples, choice dessert favourite varieties !>s ,6d to 10s 6d case, prime 8s to Bs, unpopular lines 6s to 7s, cookers (choice) 5s to 5s 9d case, prime 4s 6d to 4s 9d; pears, choice dessert 8s to its case, prime 6s to 7s, stewing 5s to 5s 6d ca6e, prime 4s to 4s 6d; tomatoes, -choice 6s to Os 9d half-case, prime 4s 6d to 5s 6d, green 4s 6d to 6s according to quality; nectarines, ohoice 6s to 6s 6d half-case, prime 5s to 5s 6d; apricots, choice 8s to 9s half-case, prime 6s to 7s; plums, choice 6s to 7s half-case, prime 4s 6d to 5s Gd, unpopular varieties 8s 6d to 4s, 'stewing 2s 6d to"3s 6d half-case; greengages, choice 8s to 9s half-case, prime 6s to 7s; peaches, choice dessert 6s to 7s half-case, prime 4s to ss; raspberries, 7s to 9s buoket; passions, choice 6s to 6s 6d | half-case,, prime 4s to ss. POTATOES AND ONIONS..

Supplies coming to hand from local sources are ample for requirements, old the market is distinctly quiet at tho present time. Ho far as forward business is concerned, there haa been, a fair amount of 'business, but this ias slackened off since tho embargo was put on the exportation of potatoes to tho Commonwealth, and which has had tho effect of weakening values, but not to such an extent as would lead local merchants to operate at more than a normal volume of business. Tho future of the potato market is ono of decided uncertainty, as no doubt if potatoes go to a very low level and supplies are badly needed in Australia tho embargo may be lifted to somo little extent. Onions are in fair-, ly large supply with a Rood demand for Newl Zoalland grow£. Sou,th Island onions for forward shipment are much lower than tho rates ruling at tho present timo for immediate supply. Pptatoes, prime, £8 to MS 10s per ton; good. £7 to £7 10s; onions, .£ll to .£l2 per ton. OTHER VEGETABLES: Cauliflowers and cabbages are in fairly large; supply and aro ruling at reasonable rates; parsnips and carrots are in good demand, whilst French • beans and lettuce are commanding low rates. Cauliflowers, choico. 7a to 8a sack; prime, 5s 6d to 0s Gd: cabbages, choico, 68 to 7s sack; prime, 4s Gd to 5s Oil; cuoumbers, 3s to <>s dozen, according to size; French beano, choico, 4s to 4s Cd half saok; prime, 3s to 3s 6d; parsnips, choico. 9s to 10a sack; prime, 6s to 7s; carrots, choice. 7s 6d to 8s 6d sack; prime, 6« to 7»; lottuco, choice, 8s to 4s sack; prlmo. li Gd to 2s Od; bootroot, 3s to 4s sack; green peas, 12s 6d to 13s 6d„ past sack: prime, 9s to Us, according to condition. BOOS. The market is ruling much stronger at up to 2a 3d for fresh in crates and in cases from 2s to 2s 2d per dozen. TOTJLTRY. All descriptions command 6trona at-

tontion. selling at 5s to ss. Gd for prime hens; good, 3s Gd to 4s; Toonters, prime young, 6s to 6s 6d; good, 4s to 4s 6d; ducks, 7s to 9s pair; turkeys, gobblers, 18s to 22s paiir;«thens. 9s to lis.

3ur< jrs. Seller -fi s. d. M 6. < .«. Mining0 10 0 *0 10 6 2 4 3 2 4 9 0 13 0 0 13 9 Investment — Bk. of Australasia ... 128 0 0 — —' 6 9 0 Bk. N.Z. (JJ3 6s 8d pd.) 13 17 •o U 0 0 Bk. N.Z. (M 13s 4d)... 18 0 0 18 10 0 Union Bk. (cum rights) — 62 0 0 2 0 0 — Metropolitan Perm. ... 11 6 0 — National Mortgage ... 4, 10 0 — Loan and Mercantile 65 0 0 ~ 2 0 3 — 0 10 0 — — 0 8 6 Wn. Gas (pref.) 0 17 6 — National Insurance ... 3 10 0 — 12 , 7 0 — South Brit. Insurance 7 7 6 — Wn. Meat 2 11 0 — Auck. Trams (pref.) ... 0 16 9 — — *1 19 0 "Union Steain (pref.) ... 1 1 0 — 392 0 0 398 0 0 7 10 0 7 11 0 1 11 6 — — 0 18 0 Kauri Timber (15s pd.) 0 15 6 0 16 0 D.I.C. (pref.) 1 0 6 — Golden Bay Cement ..; 0 18 9 — 1 2 3 1 2 9 Sharlaiul (ord. and 1 10 0 — i 2 9 — Wilson's N.Z. Portland 0 15 0 — — 97 0 0 96 15 0 97 5 0