COMMERCE AND MINING

New Zealand Times, Volume XLVI, Issue 10544, 22 March 1920, Page 10

COMMERCE AND MINING

■WELLINGTON STOCK EXCHANGE. SATURDAY'S QUOTATIONS.

LONDON STOCK EXCHANGE. Australian and N.Z. Cable Association. LONDON. March. IT. The Stock Exchange is weak, owing to fears of an advance in the Bank rate. Consols, £43; Broken Hill, buyers 58s '■ 9d, sellers tbs; Broken Hill North, 57s 9d; Hampden, 17s 6d and 17s 9d; VVaihi, 41s 3d and -13 s 9d; Waihi Grand Junction, 11s; Hampton, 37s 9d and 3Ss 6d; P. and O. Company, £550 and -£570. DECLINE IN TIN. (Received March 21. 5.5 p.m.) LONDON. March 16. The decline in tin is due to speculators selling on lower Eastern prices.. nationaI”MORTGAGE CO. (Received March 21, 5.5 p.m.) LONDON, March 16. The National Mortgage Company of r New Zealand shows a profit of £65,752. ; A final dividend of eighteen ponce and q bonus of 3s have been declared. Placed to the reserve fund, £SOOO. Carried for- • ward, £00,752. GOLD AND SILVER. LONDON, March 17. Gold is £5 10s per ounce, and silver The fall is dud to improved American exchange. The decline in tin and copper is due to ■ heavy realisations. i . LONDON TALLOW SALES. LONDON, March 17. i In the absence of demand, the tallow sales wore not held. LONDON PRODUCE MARKETS. LONDON. March IS. Wheat is quiet. Australian, on spot, nominal, at the revised price of 100 s. Elour—There is a strong demand for RtTinll puantitles released at the new -. price of £63 6s. Ou,ta—Finn but qtMfc. Dec*—DoU. • New Zealand beans, 120 s to 125 s a ton. ■ Maples, lids to 1455. Beans—Slow and unchanged. Sugar—White Mauritius on spot, 117 s. LONDON WOOL SALES. Messrs Levin and Co., Ltd., have received the following cable from London, . dated March 16th, 1920:—"As compared with February closing sales the present opening sales show merinos and fine crossbreds five per cent, dearer, medium ■ crossbreds and coarse crossbreds unchanged." The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegrom from their London house under date March 16th, 1920: As compared with last sales closing rates prices are lower by about 5 per cent to <i per cent, for fine crossbred and menono. No change in other sorts. FRUIT AND YEGETABLES WELLINGTON MARKETS. Tho season for stone fruits is now rapidly drawing to a close, and in this class only small consignments of peaches and plums are now reaching tho market. Apples continue in heavy supply, and prices remain at a low level. Consignments of pears have not been coming forward quite to freely during the past few days, and values for choice dessert varieties have I undergone a slight advance. Large quantities of tomatoes are now coming in from tho Hutt district, and low prices ere ruling. Passions, grapes and quinces ore in good demand with only small supplies offering. Apples, choice coloured dessert Cs to 7s, prime 4s 6d to 5s 6d case, cookers, 4s to 4s 6d; pears-, choice dessert, 8s to 10.-, prime, Gs to 7s Od; stewing, 4s to Eg Cd case: peaches, choice dessert. 5s 6d to Cs 6 1 half-ease, prime, 4s 6d to [is, stewing, 4s to 4s Cd; plums, choice dessert. 7s to Ss 6d half-case, prime. Cs to 6s 9d, stewing, 4s Cd to 5s 6d: pasnion.s, choice, 7s to 7s 6d box. prime, -"s 6d to Gs Cd; Capo gooseberries, 6s to 7» box: quinces, Cs to 7s 6d bushel case; tomatoes, choice, round, os to Cs half-case, prime, 3s to 4s, medium. 2s to 2s 6d; grapes, choice, largo. 1« 4d to Is 7d Ih, prime Is to Is 3d; blackberries, 3d to 3Jd lb; Californian oranges, 3Ss to 40s case; Californian lemons, Gfis to 40s: pines, 18s case; walnuts. Is 3d to Is 6d lb. POTATOES AND ONIONS. In view of the fact that supplies of southern potatoes will shortly bo available, the local market is showing signs of weakening- In the meantime, however, there is little change in values. Onions continue in moderate supply, with good demand for prime quality. Potatoes, prime, .£9 to £9 10s, good, £8 to £8 15s for ton; onions, £l3 10s to £l3 10s per ton. OTHER VEGETABLES. . Moderate supplies of most varieties of Vegetables are now offering. in the local auctions, and prices generally are ruling at a reasonable level. Choice cauliflowers, pumpkins, and green peas, however, are scarce, and are meeting with ready sale. Cucumbers and cabbages continue In heavy supply with very small demand. Cauliflowers, choice, 12s Cd to 15s sack, good, 9s to 12s: lettuce, choice, 7s Cd to Os, good, 5s Cd to 7s case; marrows, 5s to 6s sack; pumpkins, 12s to 15s sack; pickling onions, 21d to 2Jd lb; French beans, 3s to 4s 6d bag: green peas, choice, 15s to 17s 6d, good, 10si to 12s Cd; cucumbers, 2s to 3s case; carrots, 3s Cd to 5s Kick; parsnips, 6s to 7s Cd sack; turnips, 3s to 4s sack; beet, 3s to 4s 6(1 sack; rhubarb. <5» to 10» dozen', bundles; celery. Is Cd to 2s 3d bundle. EGGS. . In good demand at 2s Td to 2s 8(1 ' per dozen | • POULTRY. : Moderate supplies are at tho moment .offering, and all choice lines are meeting 1 with ready sale. Fowls, choice roosters, ,8s to 11s per pair; hens. 5s 6d to 6s Cd- , ducks, prime white, 9s to 10s 6d per pair; runner ducks. 7s to 83; turkeys, Is 2d to Is 5d per lb.

Mining— Buyers. Seller*. £ s. d. £ s. I. Waihi 2 -i G — Grand Junction 0 11 6 Investment — Inscribed Stock (1038) 93 0 0 — Inscribed Stock (1939; 95 0 0 — War .Loan (1938) — 95 7 6 Bunk Australasia 139 0 0 — * National Hank G 13 6 — Hank of Now South — 36 7 6 Ek. N.Z. {JS3 «5» rid)... 17 12 6 18 0 0 Bk. N.Z. {XU 13s -kl)... 21 o 0 ■— Union Bank 13 3 6 — Metropolitan Perm. ... — 14 10 0 Abraham. & Williams 0 0 6 — Wn. Trust Eoan 0 2 6 — ffn. Eep. and Mort.... 0 8 3 — Wellington Gas (pref.) — 0 17 6 National Insurance ... 4 N.Z. Insurance .... — i 13 6 Queensland Insurance 3 6 6 — Is.Z. Eetrigerating Co. 1 0 6 — Union Steam (px-ef.) ... — 1 1 3 Huddart-Parker (ord.) — *2 14, 3 Hmidart-Parker (pref.) n 0 D — Waina Coal — *0 17 0 \V e^tport-Stockto-n. (ord.) — 0 8 8 Lcyland-O’Brien Timber i 9 6 — Crown Brewery 1 16 0 N.Z. Drug 3 6 0 — Golden Bay Cement... . 1 6 0 Wilson’s Cement — 0 16 0 N.Z. Paper Mills 1 16 0 — Eclipse Petrol (-L'l) ... — 1 IS 0 Eclipse Petrol (10s) ... — 1 s 0 •Cum duv.