COMMERCE AND MINING

New Zealand Times, Volume XLVI, Issue 10632, 3 July 1920, Page 12

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE. YESTERDAY'S QUOTATIONS.

SALES ELSEWHERE. PEE PRESS ASSOCIATION. CHRISTCHURCH, July 2. Stock Exchange sales reported New Zealand Refrigerating (fully paid),Bs Dd; Lank of New South IVales. Do 15sTHE SHAREMARKET. PBE PRESS ASSOCIATION. DUNEDIN, July 2. Sales on 'Chang©New Zealand Paper Mills. 365: P. and 6). (deferred), .£460. £469; Huddart-Parker, S<s, 56s 9d; VVestport Coal. 30s €d; New Zealand K«rigattng, 25s lid; Kajapoi Woollen, £lO 10s. BRADFORD WOOL MARKET. Australian and N.Z. Gable Association. (Received July 2. 9.20 p.m.) LONDON, July 1. Bradford reports that the market remains quiet and that quotations are irregular. Sixty-fours brought lOad, fittyeixes 77d. fiftiee 57d. forty-sixes 36d. ENGLISH APPLE CROP. Australian and N.Z. Cable Association. (Received" Julv 2. 9.30 p.m.) LONDON, July 1. The English, apple crop promises, to bo poor owing to hot weather in sprang Being followed by frosts, and also the reaction from the abnormal crop of 1919. ‘ ENGLISH PRODUCE MARKET. Australian and N.Z. Cable Association. (Received July 2, 9.20 p.m.) , London. July i. The wheat market is quiet and prices are steady and unchanged. Flour. —A quantity of imported has been released, including a small lot of Aiißli.<i.lian. . , y,. i Oats. —Imported are weak. La Flatas, on spot, 58s 6d to 595. «. Peas and beans are slow of sale ana prices are unchanged. Sugar is unchanged. LONDON STOCK EXCHANGE. Australian and N.Z. Cable Association. (Received July 2, 9.20 p.m.) LONDON, July 1. The Stock Exchange has closed. Yestoday's prices were i-Impenai War Loans, £S3 10s and J&i los. Other Government stocks were unchanged. NO TALLOW MARKET. Messrs Murray, Robert’s and Co.. Ltd., faavo received from their London agents, Messrs Sanderson. Murray and Co., cab.e, dated June 30th, quoting tallow as follows:—Market dull- with downward tendency. We quote fine mutton 755, mixed 70s, "inferior 655. hemp and tow. The following return shows the quantities of hemp and tow, graded at the ports of the Dominion during the month of June. 1920, , , Hemp.—The total number of bales graded was 4983 as compared with .4158 for the corresponding month of last year, an increase of 825 bales, For tbe twelve months ended June 30th. 1020, the number -of bales graded was 93.6-18, as compared with 113,643 for the previous twelve months, a decrease of 19.998 bales. Tow.—During lbs month 1051 bales were graded, as compared with 602 bales for the corresponding month last year, an increase of 449 bales. For the twelve months ended June 30th, 1920, the number of bales graded was 20,154, as compared with 17.433 for the previous twelve months, an increase of 8019 bales.

NEW COMPANIES EE GISTE ATI ON NOTIFIED. registration of the , following new companies is reported by the “Mercantile Gazette”_ The Glaxo Manufacturing Company (N Z 1, Ltd. Capital: -£500,000, divided into 300,000 ordinary and 2W.C00 preferential shares, both, of £1 each. Subecibfrs, Wellington—l/. J. Nathan. h. Jacobs, J. M. Muir, J. C, Port, C, J. Nathan. Palmerston North H. 13. Pacey; Christchurch: C. M. lOlliver—all one preferential share each. Objects; Manufacturing dairy products and byproducts. , ~ ~ „ T , , The New Zealand Marble Co., Ltd., private company, 'Wellington. Capital: J220.0C0. in 20.000 shares of -Cl each. Subscribers: Motueka —A. I. Manoy, A. McKee: Wellington—James Fletchereach 4500 fully-paid and 500 centrib.; Auckland —J. B. Parkinson and William Parkinson, each 2250 fullv-paid and 250 contrib. Objects: Quarrying marble. Manawatu Sash and Door Co., Ltd., private company. Palmerston North. Canital: £3OOO. tn 3000 sharps of .01 each. Subscribers; Palmerston North —W. S. Pogors; Shannon —B. J. S. Spencer—looo shares each. Object: To acquire and carry on business of Snencer Brothers, sawmilW'. timber merchants, etc. Tn*enh Pickle- and Son IN.Z.), Ltd.. Wolßncton. Canital: .020 000, in 20 000 share- of £1 each. S”b-cribers : Sydnev —M. M, P«-Vles. F w Dam*. K W Andorson. 11 B Wwn. C. TT. Storkev. A. Tk Siniield—nli one shnr« each. Mt> iects; Stull merchants and warchouseW. TI. Clreon and Co.. Ltd., private comnany, Wellington. Capital: in 5000 £1 shares. Subscribers: O. H. C. O-oen, G. R. Green ICG7 shares each: Jj, W. Green ICG6 shares. Objects; To carry on business of W. H. Green and Co., printers, wholesale and retail stationer*. A. W. Brailsford, Ltd., private eompanv, Wellington. Capital: .£.5000. in I SCO 8 per cent. cum. praf, shatg.3 XA

each. Subscribers : "Wellington—G. P. Brailsford 100 prof., C. B. Youinans 200 jircf., W. I’. Archibald 100 pref., Otto Zorn £OO ord. Objects: To acquire nnd carry on business of “The A 1 Manufacturing Company, ’’ wholesale warehousemen and soft goods 'merchants, FRUIT AND VEGETABLES WELLINGTON MARKETS The usual weekly shipment of citrus fruits came to hand per Moeraki from Sydney on Tuesday last, and a good demand for mandarins) was experienced for all choice lines. Marketings of apples are still in excess ol requirements and values remain low. .Moderate consignments of pears are coming to hand'from Nelson nnd the south, but. unfortunately, a largo proportion of this fruit is not in good keeping condition, and prices obtainable are low in consequence. * . , The market is fairly well supplied with Californian oranges and lemons, both of which lines are meeting with a satisfactory sale. Apples, choice dessert, 7s to 8s 6d case: prime, -Is 6d to 6scookers, 3s 6d to 4s Cd ease; pears, choice dessert. 9s to 11s case; prime, Ts to 8s 6d; stewing, 8s 6d to 6s 6d; quinces, 8s 6d to 10s case; passions, New South Wales, 20s to 245; Auckland, choice, 11s to 12s 6d half case; Capo gooseberries, 7s to Ss 6d half case ; grapes. 2s 6d to 3s 8d lb; lid to Is 3d lb; marmalade oranges, 18s to IDs case; lemons, Californian, 46s to 4bs case; South Australian, 17s to ISs 6d; mandarins. 24s to 2Ss: oranges, Is.sind. 16s to 18s; Now South Wales, 18s to 20s; Californian, -40 s to 455.

POTATOES AND ONIONS. Growers of potatoes are keenly disappointed at the refusal of the Commonwealth Government to lift the embargo regarding export to Australia, and in tho absence of any outlet in this direction, the market Continues weak. Supplies of onions available ate fully sufficient for requirements, and values are without alteration. Potatoes, choice Canterbury, J2B to AS 5s per ton. good. Ml 10s to Ml 15s; onions, choice sound, J 312 to .£l3 10s per ton; prime, All to All 10s. OTHER VEGETABLES. Supplies of carrots and parsnips have lately been coming in more freely, nnd values for these lines are easier. Marketings of other descriptions, however, are only mdorerate, and a satisfactory demand is being experienced for all good lines. , . , Cabbages, choice, 10s to 12s 6d sack; good, 6s to 9s: cauliflowers, choice, 12s to 15s; good, 8s to 11s sack; beet, 5s to 6s 6d; turnips, _2s to 3«; parsnips, 4» to 63 sack; pumpki os, choice, 9s to 10s sack; good. 6s to 83 6d: pie melons, 9s to 11s sack; swedes, 5s to 6s 6d full sack: lettuce. 7s 6d to 10s case; spinach. 6s 6d to 7s 6d case; leeks, 9d bundle; celery, is 9d to 3s 6d bundle; carrots, 3s to 4s 6(1 sack. EGGS. Supplies have again become more plentiful and values have suffered a further sharp decline Best fresh are realising 2s 8d to 2s lOd: preserved, 2s 4i to 2s 6d per dozen. POULTRY. In good demand. All good lines are meeting with keen competition the hands of buyers. Fowls, hens, 7s 6d to 9s; choice roosters, 9s to 10s 6d per pair; ducks. Runners, 9s to 10s; choice white. 10s to 12s 6d; geese. 14s to 16s per pair- turkeys. Is 4d to la 8d per lb. WHOLESALE PRODUCE PRICES. Laery and Co., Ltd.; Allen street, report wholesale prices as follow Feed barley, Chevalier. 10s 3d bushel, sacks in; Cape barley, feed, 9s 3d bushel, sacks in: maize. Us 9d bushel, sacks in: feed peas 10s per bushel, .sacks extra; blue peas, 14s bushel, sacks extra; oats, feed Algerians, 6s bushel, sacks in; oats, feed Cartons, good, 6s 7d bushel, sacks in; oats. A grade Gartons. 6s 9d bushel, sacks in; eats. B grade Gartons, 6s 8d bushel socks in; chaff, oaten sheaf, good bright, Al 3 10s ton sacks in, Al2 10s, sacks returned free on trucks or f.o.b. Wellington; Earro food. All 17s 6d ton; flour, in sacks, Al 9 5s ton; oatmeal, 25’s, A 36 to A 39 ton; hay clover. All ton, lucerne. Alt 10s ton; potatoes, table (Canterbury), white A 7 10s to AB, Red Dakotas A 8 5s ton, jacks included; onions, Canterbury choice 13s 6d cwt; fowls, hens 7s to 9s 6d pair, choice young roosters 8s to 11s pair: ducks. Runners 10s to 19s (id pair; white ducks 10a 6d to 13s 6d pair; geese*, 15s pair; turkeys. Is Cd to Is 7d lb dead'weight- butter. farmers’ separator, milled or dairy, in bulk or lb pats Is sid lb; eggs, fresh crates 3s dozen, preserved 3a 8d to 2s ,Id dozen: dressed pork, choice 70s to 90’s 10d to lid lb, 100’s to 110’s 9Jd tolOd lb, choppers 5d to 7d lb; cheese, factory medium, cose lots Hid lb, loaf cheese ts Id lb; oyster shell grit, A 7 15a ton «eed potatoes. Canterbury grown Up-to-dates A 9 10s ton. Northern Star AS los ton. Gamekeepers A 8 10s ton. Breezes Prolific AS 10s ton, sacks in. CANTERBURY PRODUCE MARKETS. PEE PEESS ASSOCIATION. CHRISTCHURCH, July 2. There has been little doing dn the principal produce lines during the week, though there has been some movement in grass and clover seed. On© or two substantial lines of dressed Perennial ryegrass have been sold for North Island consumption on a basis of 10s, according to quality. One particularly heavy line of dressed seed secured, for a small quantity, 11s. There are few farmers lots offering and business is confined to merchants. . , . , , Deliveries of peas are being made and some nice samples of white ivories have been shown. A big consignment of the latter, and also of Partridge peas, has been shipped to the Old Country in fulfilment of contracts. White avpnes are now worth 9s 6d at country stations, with Partridge sixpence levs. The oat trade is very quiet, but continues to be firm, though with, naturally. a slight easing- There are few weak sellers in spite of the comparative mac--11 Chaff has formed the medium of businpcq during tb& ■week, sales having tak&a pfacoona basis of AlO 10s to All f.o.b sacks in. The purchases were for outside consumption. WELLINGTON CUSTOMS. The Customs revenue received at Wellington yesterday totalled A 13.109 6s lOd.

Buyers. Sellers, £ 6. d. Jc s. il. Mining— Hiring Sun Vv'aihi 0 1 8 0 2 2 1 0 0 War loans— Inscribed Stock Ui> 0 0 — St-uMi 96 (* 0 — \V ar Bonds (WtPi — IH) i> 0 War 1 Join Is (JIXW) VO. Jitt-ribed Stock —• Otf 7 6 (1929) 97 15 0 — P O. inscribed Stock 97 15 0 a 1927) — Investments— Bln of Australasia ... 92 10 0 — Commercial Bank- ... 2 7 0 — N'aUoual Bank 6 15 0 *6 IS 6 Bk. of K.S.W — 35 I t 0 Hk. c<i N.Z. - — 0 20 2 6 Union Bank 13 -t — Ikiuitab'o Building ... 9 10 0 — Wellington Gas 10 8 0 — \Voilaigt.n Gas (pref.) 0 16 6 — 0 Bth. ’ Bnt. Insurance... — 10 3 Standard Insurance ... — 3 2 K.Z. Refrigerating(..£1) — 2 8 6 A.Z. -Refrigerating (10s) r~ 1 6 \vn. Meat Export (AH •t n i2 1 oil) — 3 Kuddart-Varker (ord.) 3 16 9 3 17 0 IS'.Z. . Shipping Kaiapoi Woollen (ord.) — no 5 0 Taupiri Coal — 0 0 1 0 Kauri Timber (15s)... Le vland-0 ’Brien 1 5 1 13 — Gatos. Ltd 1 4 3 — Vareirga Kauri Oils... Wmirarapa Farmers... 0 7 6 0 11 6 11 6 6 Wilson's Cement — 0 16 ■*Cum div. JCum rights. Sales on 'Change. —Huddart-Parkcr, 16s 9d.