COMMERCIAL.

Poverty Bay Herald, Volume XXXVII, Issue 12410, 21 March 1911, Page 7

COMMERCIAL.

(Pre 33 Apsn.— By Telegrnph.— popyright.) , •-••■■ LONDON. March 17. j Wheat : The lnnrkpts am innctive. and there nve few liuyer's. Indiiin, Argentine, nnil Rn[<sit\u Spiders, are pressing s;Wes. Australian is offering sparingly, holders being firm m their dr>niniids. An ..Anstralinn cargo lias sold at 34s 7^d per quarter; a South Australian sailer cargo, November shipment, was offered at 345. and February-March shipments at 33s B^d; Victorian sailer cargoes, February shipment, offer at 33s 6d, and March shipment ni 33s 9d. Ne>\' X.eiiland steamer lots, March shipment, bring 32s to 32s 3d. Steamer parcels for fllarchApril shipment hnve sold at 32s 9d to 33s There is small inquiiy for Australian on the spot pt 35s 6d to 365. Flour: Market dull, with no forward business. Australian patent brands on the spot art 1 quoted at 24s 6d to 25s per sack of 2801 b. Oats: On ' a quiet market La- Platas, for April-May shipment, make 13s 3d per quarter. New Zealand Gartons 19s to 21s 6d; sparrowbills, 18s 6d to 20s 6d. Beans: Market slow. Fair New Zealands , realise 34su6d')tp 35s 6d per quarter. ■ Batter : Tlhere 'is ' a slightly . improved ' demand for best blitterrt,'" hut. other sorts: are .very dull. Danish makes 119s, to 121s per. cwt (2s higher), choicest -Australian, salted 100s to 102s (2e. higher); unsnlted ilMs (2s up); New Zealand Halted, 106s: to 107s (Is- to 2s higher). Secondary; Australian butters bring 90$. to - Site, - but many are poor tn flavor.- \ ■ ■ ■ ■ Cheese: Market firm. New Zealand white, Is hiijlieiu . at 695 ; per. cwt; colored, 6d higher, flt Wool:' 'Jlie Bradford top market is strong, at full late rates, as follows: 64's, 26d per Hi; super 60's, 25i<l; common 60's, 24Jd; 56's, 21.1 d; 50'k, 18Jd; 46>, 144 d; 40's, 13^(1. (Kec-eived March 21. 8.30 a.m.) • LONDON, March 20. At the -wool sales nil prices were fully maintained. There' is strong competition for good selection of crosshreds. Share quotations: Wnihi. 65s (buyers), and 67s 6d (sellers), Grand Junctions 26s 3d and 28s 9d. , SYDNEY, March 20. Flour has advanced by 5s to, £8 ss; wheat has, advanced from 3s 4£d to 3s sd. , ! (Received March 21. 8.30 a.m.) , I'rofessor Jiiclit estimutes that the production of beet sugar has increased by 790,000 tons during the campaign,' the' surplus being 1,989,000 tons. . .; . ■■ CHRISTCHURCII, this day.. The British New Zealand Meat Company has received the following cable: Mutton — Canterbury 3sd to 4;ld, North Island 3id to 3id; Iniiiti, Canterbury sid to 5Jd, North Island Igd to, 4£d; bee«,. hindquarters. 3^d,'fore(iuarlt;lS id. ' . , !• DIJNEDIN, this day. = The thirty-second ah'nual meeting of Kemptliorne, l'rosser und Co'h -New Zealand Drug Co. was held yesterday. The annual report, stated that the net profit lor the year was £ltt,ZZl Jk lOd, which, with the balance fro|h lust year, made £24,812 12s Bd. 'J'he interiin Uividuiicl paid for the half year ended July ansorbed jC/OuO, lejiving £17,bi2 12.s 8d to be dealt with. The directors, recommended v uividcnd of 7 per cei:t for the half- year (iJ/UOO),' writing 411500 on" various v plants, iui iKiditiou of 'i%iß4 13s 5d to the general rpserve. bringing it up to £33,000, and varryiifg loiwnrd at&i 19s jd. The repirtt wns unuiuDtoiiMiy atlopteil. Messrs llrown (md Bathgate .we're 're-elected directors, and the rei.ring uiulitow tin .the- lour centres were reiip|iiuiited.' [ . i' -■•