COMMERCE AND MINING

New Zealand Times, Volume XLVI, Issue 10522, 25 February 1920, Page 12

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE. YESTERDAY'S QUOTATION is. Buyers. Sellers, r i. il. A e. d. Mining— Hlackwaior Mines ... 010 0 Talisman • 0 9 9 Grand Junction —• O 12 0 Progress ~ 0 3 U imiteimou:— Inscribed Stock (1938; 95 0 0 Inscribed Stock (1939) 90 t> 0 War Bonds (1938; War Bonds (1930; Commercial Bk —2 15 0 Bank. N.Z. (A 3 lis 8d; ... 16 0 0 Goldsbrough .Hon. ... Equitable Building ... 8 15 0 National Mort. G 0 U Loan and Mercantile 66 0 0 AVn. Trust Boan 6 0 0 N.Z. Insurance 1 13 6 South Brit, insurance National Insurance ... Col. Sugar (Ans.; Wn. 31 eat (rj) iWTi, Moat (£3 - 17b 6d> 3Vn. Meat (A 3 12s 6d; ItuddaiUPa rker (ord.; 212 9 213 9 Howard Smith 2 3 6 Burns, Philp 2 0 0 —■ Waipa Coal 0 15 9 Westport Coal 1 11 G N.Z. Drug 2 19 0 • Oolden Bay Cement... 1 5 0 1 6 G "Wilson's Cement 0 16 2 N.Z. Paper Mills 1 13 G "W.E.C.A. (Al; 019 "9 Eclipse Petrol (All ... —2 0 0 Eclipse Petrol. (10s) ... 1 8 G QUOTATIONS ELSEWHERE. UElt rKF.SS ASSOCIATION. CHRISTCHURCH, February 31. Sales reported Huddort-Parker, £2 12s 6d. National Bank of New Zealand, £6 Us. DUNEDIN, February 33. Sales on 'Change:— Huddart-Parkcr, 53s 3d, 535. Westport Coal, 31s. New Zealand Refrigerating, 25s 3d, 26s oil. METAL MARKET. WORLD'S RECORD PRICE FOR TIN. Australian and N.Z* Cable Association. - (Received February 24, 10 p.m.) LONsDON, February 23. Copper. —On spot, £ 120 12s 6d : forward delivery, £123 2s 6delectrolytic ingots, .£123; wire bars, £l3l. Lead.—On spot, £52 ss; forward delivery, £53 2s 6d. Spelter—On spot, £6l 10s; forward delivery. £63 10s. Tin.—On spot. £3lO ss; forward delivery. £312 15s—a world’s record. Silver.—S2d per ounce standard. CANTERBURY MARKETS. TEE PEES 3 ASSOCIATION. CHRISTCHURCH. February 33. The recent rain has slightly interrupted supplies of oats and wheat coming in. For Algerians, good bright sorts, suitajle for seed, there is a firm demand still, but inferior is neglected. A cry little ot the former is offering, the balance of the crop presumably having gone into stack. Cartons are offering only in sm aß amounts, and the market is dull. Deliveries of new season’s wheat have come to hand, the quality been exceptionally good, the standard being equal to the best ot recent years. Cocksfoot las firmed still further. A number of Hnmeula lines have changed hands during the week up to Is 3d (country station) tor good heavy seed. STOCK SALES.

New Zealand Loan and Mercantil* Agency Company, Ltd., report: At Himatangi on Monday we had a fair entir of sheep and small entry of cattle. Competition in sheep was keen and we cleared the yard at following P rice f = g-tooths mixed, 27s 3d to 2cs 6d, ■ lambs, 15s 3d; cull lambs, is 10d to g 3 6d; Romney rams, 2to 3 guineas , heifers in calf, ill 12|6d; forward COW'S, £S 15s; yearlings, S 3 ss. butter, hemp, and wool. The Department of Agriculture has received the following cablegram, .dated J>lst instant, from the High Commissioner for New Zealand London : Butter: Government controlled prices have been increased. wholesale £lo Smmlies belo vr average, but Damsn pro duotion is increasing steadily, and Ur^er a nan titles expected from there shortly. Mutilated word butter selling slowly on account of high prices. . , , _ ■ Hemp.—Manila market quiet and unchanged. "J" grade. October-December shipments, sold X 80; January-Mareh and February-April shipments quoted at •£*», Rflllers. K©w Zealand market quiet but firm. Business is dull owing to absence of offers. Spotted high-pomts sold XGo. Present quotations for January-Afarch shipments are: High-points, .£62; fair, *859. sellers. , , . Wool market firm and active for finer grades. Medium and inferior qualities irregular. WELLINGTON CUSTOMS. - The Customs revenue received at Mollington yesterday totalled IBs -d. A fine sens© of family honour was evidenced in a ens© ■which came under tho jurisdiction of the Chris tchurch Official Assignee. A man who was adjudged bankrupt in 2906 died, having paid no dividend to his 'tors, to whom he owed some £2OO. This unpaid liability was a burden upon his son’s mind, and before going to the war in the Main Body ho insured his life for £2OOO, and made provision in his will that the £2OO odd owing to hia father’s creditors should bo deducted from tho amount due under tho policy should he lose his life, and that the debt should he wiped out therewith. The lad was killed in action at Gallipoli. On May 2nd, 1916, the creditors received 20s in tho pound. Anti-aircraft gun defences in Great Britain employed 717- officers and 11,948 men at tho signing of the armistice. Tho world's record egg return from one hen is 335 in 365 days. The hen wag a black Orpington, and tho record was mado at the Government competition, Burnley, Victoria. The British Expeditionary Force canteens showed up to the end of 1917, a profit of 2i million pounds, or ten per cent. This p-ill bo used for the benefit of service and cx-scrvico men and Women. Tbo Japanese are now using starfish ns a manure, and it is said to giro excellent results on rice. For several successive Sundays pig- ’ eons have entered Harlcsdon Parish Chur«Ti ok soon as the windows have ■Been, opened, remaining all day ami leaving after evening service. Year after year brings Increasin'; proof of the superiority of STIAIJLAND'S Baking Powder. Costs loss than others—worth more t