COMMERCIAL.

Sun (Christchurch), Volume III, Issue 881, 6 December 1916, Page 5

COMMERCIAL.

LONDON MARKETS. By Cable. — Press Association. — Copyright. Australian and N.Z. Cable Association. LONDON, December 4. Shares.—Union Steam Ship Co., 50/-. Metals.—Copper: Spot, £lsl 10/-; three months, £143; electrolytic, £1(58 10/-. Tin: Spot, £lB9 7/G; three, months £l9O 17/0. Lead: Spot, £:10 10/-; three months, £29 10/-. Spelter: Spot, £00; three months, £53 10/-. Silver: 85 13-lGd per oz. Wool and Skins.—At the Government's request,, the sheepskin sales have been postponed lor a week. Bradford quotations are impossible. There is great excitement, as the market is awaiting the announcement of the Government's policy.

CHEESE NEGOTIATIONS. PRICE NOT YET FIXED. Australian and N.Z. Cable, Association (Received December 6, 11.30 a.m.) LONDON, December 5. The cheese negotiations are proceeding. The price has not yet been lixed. HIGH COMMISSIONER'S REPORT. The High Commissioner reported as follows on December 2. (Note: The quotations, unless otherwise specified, are the average market prices on spotj : Meat.- There is a better demand for prime lamb, owing to decreasing supplies of Home-killed mutton and Scotch lambs. New Zealand mutton (very searcei Bgd per lb, ewe mutton 8d; Argentine mutton, heavy-weight 83d, light-weight B|jd. There are small supplies of Dutch mutton, which is quoted at Bid to 10(1. New Zealand lamb Old. Argentine" lamb 8?d. New Zealand bull beef, binds 7Jd. feres 01; Argentine chilled beef, hinds Oil, lores 6d. Butter.—The market continues firm. Danish (little business doingi 218.'- to 220,'-, exceptionally good 222/-, Irish creamery • continues good demand) 200,'- to 210'-, unsaltcd 208/- to 212/-; Australian salted 201/-, unsalted 208 - to 212 -; New Zealand, ex Arawa, is not vet available; Dutch, 200/to 208/-; Argentine, unsalted 200/- to 208/-; American salted 19(1 -. Cheese.—The market is rather unsettled on account of the action of the Government. Canadian white 12fi/- to 128/-, coloured 128 - to 130/-; English Cheddars (in fair demand), 136/- to Hi) -; United States Hats, white, 122 - to 120 -. Importers have been notified that the Government lias commandeered all New Zealand cheese on the Arawa, and it is anticipated that similar action will be taken with regard to shipments to arrive shortly. Hemp. The market is firm, IA\X unsettled, pending next arrivals from Manila. Prices continue to advance. Gowl fair New Zealand hemp £sl per ton, fair £52; Govern-ment-graded fair Manila £SB, course £55 10 -; i January-March shipment good fair NewZealand £53, fair £sl; Government-graded fair Manila £57, coarse £55. The output of hemp from Manila for the week ended hist Saturday was 18,000 bales. Wheat. —The market is firm, but unsettled, and quotations are nominal. Canadian arrived, 82 0, afloat 82,'-; Australian uiluut 80/-.

Oats.—The market is firm, and prices continue to advance. Argentine 15'-, New Zealand 46/-.

CHRISTCHURCH STOCK EXCHANGE. TODAY'S QUOTATIONS.

CONSOLIDATED GOLDFIELDS. LTD. Tin' Chiistchurch Stuck Kxchange lias re eeived the following telegram from the ;i! torncys of the Consolidated Group of Minis at Kecfton:— ('.rushing Returns for Month of November. —Progress: Crusheil 2500 tons, value £2813, working expenses £2353, capital £ls, development 1029. lllackwatcr: Crushed :i0::i tons, value-TU>o:>9, working expenses £;;:;ii(i, capital £1855, development £7211. Wealth of Nations: Crushed 174 ii tons, value £2828, working expenses £IS;;U, capital El, development £520.

DEBENTURES— £ s. d. £ S. d. N.Z. Rofrigcrati ng C'.L 10D 10 0 101 10 ii BANKS— Union —■ :i 5 0 BREWERIES— Manning —• i 10 0 CEMENTS— Ciolilon Bay .. .. . ■ (i 11) 0 — COAL— Tnupirl 10 G 0 — Stockton 0 6 1 — GAS— Christclitirch 0 10 0 INSURANCE— Standanl .. J IS u — SHIPPING— Huddart-Parkoi 1 -1 0 — Iluddnrt-Parki-i f n'r'< 1 prcf.) WOOLLENS— i (J MISCELLANEOU S— Canterbury l"a Coop., Timai liners' •u ■ 2 16 0 Mason, Struthc rs u'l paid) 1 2 II — N.Z. Drug Co. ( eii'pd'..i 2 7 6 — N.Z. Farmers' c:o-»i). 2 s 0 N.Z. Paper Mil Is 0 IS !l — MIXING— Wailil .. 1 i:. l) — Waiiii Grand Ju notion 0 i". li ■: It) ■1