COMMERCE AND MINING

New Zealand Times, Volume L, Issue 11650, 15 October 1923, Page 12

COMMERCE AND MINING

WELLINGTON EXCHANGE. GATUIIDAY'S QUOTATIONS. (10 a.m. Call.) Prices of investment and mining stocks on Saturday wore as follow: Buyers. Sellers. £ s. <l. £s. d.

tEx div. No sales were reported at the Saturday morning call. SALES IN OTHER CENTRES. Per }*ress Association. CHRISTCHURCH, October 14. Sales reported:—New Zealand Government 54 per cent. Inscribed Stockql933), £102; Bank of New Zealand (old issue), 62s Sales on 'Change:—Crown Brewery, 54s 6*l (two parcels). WAIHI SHARES Australian, and N.Z Cable Association. (Received October 14th, 5.5 p.m.) LONDON, October 12. Waihi shares, 26s 10d. ENGLISH WOOL SALES Aofitr&Han and N.Z. Cable Association (Received October 14, 5.5 p.m.) LONDON, October 12. The Hull wool sales closed very firm. There was strong competition throughout, Yorkshire buyers being the chief operators. The Liverpool rates were fully maintained. The offerings consisted of 33,500 bales of Bawra crossbreds. Practically all was sold. HOME JWARKETS FROZEN MEAT. Australian and N.Z. Uahle Association (Received October 14., 5.5 p.ta.) LONDON, October 13. Sheep—New Zealand ewes. 6Jd a pouad. Australian firsts, 6jd; seconds, ,s|d; ewes, 6Jd. Argentine seconds, 6d. Patagonian ewes, s£d. Lambs Canterbury, light 10Jd, medium, 103 d. Selected sorts, light l(>jd, medium Australian, firsts, none offering. Patagonian seconds, yd. Frozen beef—New Zealand hinds, 44d; Australian, 3sd; Argentine, fores 3sd, hinds 54d; Uruguayan, fores 3d. Chilled beef—Argentine, fores 4d, hinds 7d; Uruguayan, fores 34d, hinds <Hd. Other meats unchanged. MISCELLANEOUS. Cotton—Liverpool quotation for American middling upland. 15.78 d a pound. Rubber—Fine hard Para, 13$d a pound; piartation, first latex crepe, 14$d; smoKed. ribbed, sheet 14|d. Jute—Native first marks, October-No-vember shipment, <£22 a ton. Copra—South Sea bagged, October-De-eember shipment, £26 5s a ton. Linseed oil, £42 15s a ton (equal to 3g 3d a gallon). Turpentine, 75s per cwt (equal to 5s £d a gallon). MEAT AND DAIRY PRODUCE. New Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London house, under date 12th instant New Zealand frozen meat—Lamb, lo#d p*-r lo (average); mutton, wether and ntaide i ewes, right sj<! per ib, heavy ‘3d per lb; ewe, light Gid per lb. heavy Jijd per lb; beef, ox hinds, 44d per lb, fores 2hi per lb; cow, hinds 3ld per"lb, fores per lb. Market very deoressed. New Zealand dairy produce—Butter, 190 s to 136 s y**r cwt; cheese, 104 s to llOds per cwt. Market slow. PRICES AT SMITHFIELD. The New Zealand Meat Producers' Board has received the following cablo from its London office, dated October 32th, 1923, advising ‘ Smithfield delivered prices at that date as follows: “Prime Canterbury lamb.—29/3611), 10Jd per lb; 37/421 b, I0|d; 43/561b, 93d; seeond quality Jambs, lOd per lb; other selected brands of lambs, 29/361b KHd, 37,421 b ?oid. Although difficult to forecast market, it is considered that it will remain steady at these prices. “Mutton.—Lightweight wethers, Bsd Per Ib; medium weight wethers, 8d per lb; heavyweight wethers, 7Jd per lb; ewes, 6pl per lb “Ox beef.—Forer,, 25<li jer lb. hinds 42d per 3b/ DAIRY PRODUCE. Messrs A. 11. Turnbull and Co. report:—We are in receipt of a cablegram from Messrs W. Weddel and Co., Ltd., dated London, 11th instant, with regard to the dairy produce market, as follows: “Danish butter, 262 s to 20Cs; New Zealand, unsalted butter, 20ls to 2065; Now Zealand, salted butter, 190 s to 194*>. Market low. “New Zealand white choose, 164« to 110 s; New Zealand coloured choose, 108 s to JlOs. Market slow." Messrs Levin and Co., Ltd., have received the following cablo from their London agents, dated October 12tli, 1923:—'Quotations, New Zealand prime Canterbury lamb, 28/421b, 10M; North Island lamb, 28/421 b, JOjJd; prime Canterbury mutton, 56/641 b, 8d; North Island mutton, 56/641b, ewes, 48/64)b, GJd; New Zealand prime ox beef, 366/220) hinds fores 23d." The.se prices are < ex store. As compared with la*t week'n luinb is -4d cheaper, mutton i lnrhanged. ewes and beef hinds id cheap- « er, beef tores unchanged. I]

PRODUCE MARKET Laery and Co., Ltd., Wellington, report wholesale prices as follow Pcatnoal, J 29 10s; barley meal, 269 6s; pigmaal, £7 .’Os; wheatmeal, 2611; farro food, £8 10s per ton; linseed meal (Moose brand),, 18s 6d; linseed nuts (Moose brand), Iss 6d; meat meal, fof poultry, 15s 6d; chicken raieer, 15s 6d; 6hell grit, 6s per 1001 b; fowl wheat, choice whole 5-sack lots or over 6s 3d, lesser quantities 6s Id per bushel, sacks Is Id; oats, machine-dressed seed Algerians 5s 6d, farmers dressed seed Algerians 5s 3d, feed Gartons 4s, crushed oats 4s 4d, Sparrowbills 4s, seed GartoDs 4s 2d, Duns 4s Id per bushel, ‘ sacks in; shelled oats, for chickens. 5s 9d bushel; mixed fowl feed, 5-sack' lots or over 5s 4d. lesser quantities 5s 6d per bushel, sacks in; peas, feed 5s 6d, Prussian Blue 8s; Partridge peas, 7s 6d per bushel, sacks in; barley, Chevalier 5s 2d. Cape 5s bushel; maize, whole 5s 9d, crushed 6s 3d; butter, farmers' separator and dairy. Is 4d to Is sd; eggs, new laid Is 4d per dozen, storekeepers’lines Is 2d to Js3d; fowls, White Leghorns 6s to 7s 6d, Black Orpingtons and similar heavy varieties 8s to 9s pair; ducks, runners 10s to 13s per pair; turkeys. Is Id to Is 4d per pound; geese, 8s 6d to 9s pair; fungus, 5d per lb; rock salt, 6s 6d ::cr cwd; dressed pork, 60’s to 90’s, 8d per lb; rye end clover hay, Blenheim, £6 per ton; chaff, oaten sheaf, Blenheim prime ,£9 10s, Blenheim medium quality A’B 10s per ton, sacks in, f.o.b. Wellington; straw chaff, for chickens or cow feed, 266 15s per ton, sucks in; seed potatoes, Arran Chief £9, Sutton’s Supreme .£ll. Gamekeepers £9, Northern Stars .£9, Red Dakotas J 59, Commonwealth -£B, New Era £7 10s. FEILDING SALE Messrs Dalgety and Co., Ltd., Palmerston North, report having a moderate yarding of sheep, and a very good entry of cattle at their Feilding sale on Friday, I2th instant. All sheep sold readil}', and a very fair percentage of the yarding changed hands. Quotations: —Aged ewes with inferior lambs 30s to 30s 4d, light f. and f. woolly ewes 27s Bd, owe hoggets 31s sd, light fat shorn wethers 35s 7d, shorn fat ewes 30s 9<l to 33s Id, fatwoolly owes 35s 2d to 375, yearling Jersey cross heifers £3 18s 6d, springing Jersey cross meifers i.'t 2s 6d, store cows .£2 )2s, two-year Hereford steers .£1 15s, threeyear P.A. steers (good) .£6 14s, four-year bulrocks (rough! £5 7s to £6 6s, four-year P.A. bullocks .£7 7s Gd, light fat cows d£s to 265 12s Cxi, fat cows 268 7s to 2611 4s, fat bullocks 269 18s to 2611 16s.

MiningWaihi —■ 1 6 6 Wailii Crand Junction — 0 6 3 War Loans— Inscribed Stock (1939) 97 9 0 Inscribed Stock (1338) 9? 6 0 — Inscribed Stock (1933) — 102 S 0 War Bonds (1941) 97 0 0 — War Bonds (193 d 97 •» 0 — War Bonds (1938) 97 0 0 — War Bonds (1930) 97 2 6 — Debentures— Wellington Gas 106 5 9 N.Z. Breweries 00 IS 0 101 10 0 Banks— Australasia — tl3 7 6 National — 6 18 0 New South Wales 40 10 0 — New Zealand 2 12 3 2 13 0 New Zealand (new ; ssue) — 2 11 6 t'nion 11 18 e 15 0 0 Financial — Goldsbrough Mort. 2 6 A — Equitable Building ... 8 H 0 — Wn. Trust Loan 5 16 6 — Gas— Gisborne 0 14 « — Wellington (£10) 18 17 6 14 5 0 \Wlbngton (pref.) — 0 17 3 Meat PreservingCanterbury Frozen (ord.) 14 17 e — N.Z. Refrigerating (.£!) 1 3 0 N.Z. Refrigerating (10s) - 0 12 2 Gear 2 0 3 2 1 0 Transport— Huddart-parker (ord.) 2 2 0 Vnion Steam (pref.) ... 1 0 6 ~ Coal— Vaipa 0 16 9 0 17 G Timber— Leyland O’Brien 1 18 0 — Rotoiti 1 1 0 — Tarmgaiuutu 1 12 6 — Miscellaneous— Australian Glass (ord.) 1 u 6 — Burns Pbilp 1 12 9 1 14 0 Crown Brewery 2 14 6 — Gate3. Ltd — 1 0 9 Howard Smith 2 12 0 2 13 •6 N.Z. Drug 3 5 0 — W airarapa Farm ers (pref.) 0 17 3 Ward and Co • — 2 3 0 "Wellington Cordage ... — tl 1 0 Whitcombe and Tombs — tS 15 0 Wilson’s Ceiu.?nt 1 8 6 1 9 i>