COMMERCE AND MINING

New Zealand Times, Volume XLVII, Issue 10985, 22 August 1921, Page 10

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE. SATURDAY'S QUOTATIONS*. Friee* of investment and mining stock* on Saturday won* a> follow: —

SALES IN OTHER CENTRES. Per Press Association. DUNEDIN, August 20. Sales reported : —New Zealand Insurance, 29s 3d; Bank of New South Wales, £3B 18s. FROZEN MEAT. LATEST LONDON” QUOTATIONS. Australian and N.Z. Cable Association. (Received August 21. 5.5 p.m.' * LONDON, August 19. Frozen meat prices are quoted ; New Zealand ewe?. s^d; lambs, Canterbury light 13|d, medium 13id. second qualitv 13-d. Southland 13.1 c!, North Island 13ld. South American light Is, heavy luld. Beef —New season’s New Zealand fores 4d, Australian croi*- 3*d, luuds 6d. frozen Argentine fores 4id, Uruguay fores 3Jd, hinds 6sd. chilled Argentine fores 6(1, hinds L. MISCELLANEOUS MARKETS. Australian and N.Z. Cable Association. (Received August 21, 5.5 p.m.) » LONDON, August 19. Cotton, September delivery 8.65 d per lb. Copra—The market has relapsed owing to further speculative realisations and the absence of a demand from crushers in the South Sea. The August-October delivery fell to £3l but hardened again Hemp, dull. August-Octpber delivery £3B. Jute, firm; old crop, Auguet-September delivery 27 |d. -*• Rubber, Para 12$d» plantation S4d, smoked B±d. Linseed oil, £37 per ton. Turpentine, 64a per cwt. SOUTH AFRICAN WOOLS. THE GOVERNMENT ADVANCES. Particulars of the advances made by the Union Government of South Africa are given in the “Wool Record/' Advances are made on wool shorn subsequent to August Ist, 1920, as wool shorn prior to that date. falls under the Imperial Government purchase scheme. The advances to be granted against wool will be 50 per cent, of the average clean scoured price* paid ffor the different ypes of wool in 1913-14, when the average grease pride of the whole of the Union clip was just uruler 8d per pound The owner will be able on presentation of warrant from Government agent to obtain an advance from the 1 bank paying interest at the rate of-6j per cent, per annum. The Government guarantees the bank against any loss of fcrirv cipal, but not of interest. Interest will be recoverable by the bank* deducting from the proceeds of the advance a sum equivalent to 12 months' interest at 6* per cent. Should the advance be repaid before the* expiration of 12 months, the owners will be refunded interest on the unexpired period. The scheme is purely a temporary measure designed to vmeet the situation caused by the present dislocation of European markets, and it is not proposed to continue it beyond a period of 12 months from the date on which it came into operation. SALE AT FEILbING. . “DECIDED DROP~IN VALUES.” Lhilgety and Co., Ltd.. Palmerston "North, report having a moderate yarding of both sheep and cattle at their Feilding sale on Friday* 19th instant. There was a decided drop in values both for fat And store eheep. Store cattle were dull of ►ale, dairy stock selling at late rates, with a keen demand tor any animals close to profit. Quotations :— Sheep: 2-tooth wethers Us 4d, mixed age ewes ?n lamb 10s 4d, fat ewes 14s 9d, fat maiden ewe* and wethers 16s sd, fat wethers 16s 3d. Cattle: Store oows 35s to £2 2s, backward dairy cows £7 10s to £l2, P.A. bullocks £5. FRUIT AND VEGETABLES. * LATEST PRICES RULING. Moa»rs Townsend and Paul, Ltd., report a* .follows :—'The market is firm for all choice L’.nea of fruit and vegetables. "We recommend prompt consignments: Apples, Washington llta 6d to Us, Sturiners (fancy) 13s, Jonathans 12s, Lord Woiseleys 1 Is, Delicious 16s to 17s, Musroes Us, Crowns Bs, small apples at relative rates; walnuts. Is per lb; pears, "Winter Ocrte Us to 14a, Winter Nehs Us to 14s. Vicars 10s, Marie Louise 10s, small i>ea.ra at relative rates; Poorman orange*, 10s per ea*e; celery, 4s to 7s per dozen; leeks, 7<l bunch; ‘ lettuce, choice 10s per case; onions, local £7; potatoe*. /southern £5; cabbages, 15s; cauliflowers, 14e; spring onions. Is bunch; parsnip*, 15*; carrots, good 8s per *ack; pumpkins, marrows, 15s; epinach, 6s to 8* case; eggs, fresh ls'Od; fungus. wanted. lOd per lb; butter, separator Is 9d to Is lid lb; poultry, hen- 7s to 83. cockerel* (heavy) 9s to 12s, light 7* to Bs, ducks 12« to 14s, geese 12s, turkeys 1* 6d lb; skins, hides, fat ami tallow at market rates; dressed pork. 70’* to lOO’s 8d to 9d per lb; prime 9LI; choppers 5d per lb. WELLINGTON CUSTOMS. 'The Customs revenue received at "Wellington on Saturday totalled £4305 2s 2d.

Buyers. Seller*. ft. d. je a. Minin"— Waihi ... 1 0 6 - - WmHi Cisatul .lunctiun -- 0 9 0 W it V Ia »il Mo Ir.s.-r:li.' ( | Sl.K-k (|:.3!>P S3 10 0 S3 17 6 liHTpiwi htivk U‘.';!3i 83 12 c 83 17 0 Ihsci iIhm} Sunk .UiH.li -- 02 0 0 \\..r II-imU ( lU.-.’O' F3 10 0 — Wat* Bonds iU>3S» 83 10 0 S3 17 6 W.ir Hor.ds OOCOi 87 o 0 80 0 0 S n \ fM mento Bank <>f A u>trala&.ia ... AS 10 0 — National E.lank o y 6 — Bank of New Zealand 2 9 0 2 D 9 \’n am Bank 12 8 0 12 1C 0 Wn. Invest. I’, and A. — 0 10 0 Nat.onal Insurance ... 3 2 6 -- N.Z. Insurance 1 !> 0 1 9 G South Brit. Insurance 1 15 0 — X.Z. R o f r i c e r atin;r Moat (10s 1 0 16 3 0 16 6 1 11 0 1 12 '6 Wellington Meat Export (.83 1-', 6.1) +3 3 0 — HucUlart-Parker (ord.) — 2 5 3 Union Steam (prof.)... 0 IS 0 0 19 0 Westport Coal 1 7 0 — Wuipa <‘onl — 0 16 6 Lcvland O’Brieti 1 10 6 • — Miscellaneous— Kirkoaldie and Stains ipref.) 0 17 0 — X.Z. Paper Mills •— i 2 6 W a i rara pa Farmers* — 0 17 0 tCum div.