COMMERCIAL.

Sun (Christchurch), Volume III, Issue 883, 8 December 1916, Page 10

COMMERCIAL.

LONDON MARKETS. WOOL SALES. By Cable. — Press Association. — Copyright. Australian and K.Z. Cable Association. LONDON, December f>. Nothing has been settled regarding the wool sales, in everybody's opinion it is absolutely imperative that the wool here v.iusl he distributed immediately, otherwise the machinery will come to a standstill. TALLOW. At the sales IXI7 casks were offered and 1575 sold. Mutton, line, made 57/6, medium 50 -; beef, fine 56/3, medium 50/-. WHEAT. The market is firm. AUSTRALIAN MARKETS. B)i Cable.—Press Axsor-iation. — Coryright. SYDNEY, December 7. Oats: Algerian feeding 2/0 to 2/7, milling 2/8; Tasmanian white 2/9 to 2/10. Barley: 3/- to 3/6. Maize: 3/9 to 3/10. Potatoes: rasmanian old 17, new £lO. Onions: £7 to £!). ADELAIDE, December 7. Oats: 1/11. MELBOURNE, December 7. Hall's: There were moderate supplies and excellent competition. Prices were fullv id dearer, especially for heavies. (Received December 8, 11.35 a.m.) MELBOURNE, December 8. Oats: Milling Algerians 2/21 to 2/3, feed 1/11 to •>/-. Potatoes: £5 to £6. Onions: £5 10. - to £6 15/ . SHEEPSKIN SALES. New Zealand Loan and Mercantile Agency Co., Ltd., has received a cablegram from London giving the undernoted market information:—"Sheepskin sales postponed till the 14th." CONSOLIDATED GOLDFIELDS, LTD. The Christchurch Stock Exchange has received the following telegram from the Rcefton attorneys of the Consolidated Group of Mines:— Quarterly report for period ending September 30, Consolidated Group of Mines (Wealth of Nations, Blackwater, and Progress figures given in order):—Development footage driven, 490, 606 i, 22624 (does not include crosscuts); feet risen exclusive of stopes, 168, 165, 136; reef distance exposed (feet), 147, 210J, 106 (does not include reef exposed in rises, width, inches, 34, 12, 48); assay value (dwts), 2, 13, 5; stuping tonnage, including ore from development, 5947, 9812, 6470; ore milled (tons), 6210, 9996, 6520; tons cyanlded, 3660, 5452, 3275; total yield per ton milled (line dwts), 7i, 9, 5; working expenses, £6Oll, £11.273, £7156: cost per ton milled. 19/4, 22/6, 21/11; value of gold produced, including concentrates, £9930, £20,004, £7396; value per ton milled, 31/11, 10/-, 22/8; working profit, £3918, £8731, £240; amount per ton milled, 12/7, 17/6, 9d; capital expenditure, £l6. £IB7B, nil; development expenditure. £IBB2. £2932, £1553; experimental and prospecting, £3O, £ll, £sl; shaft sinking, Blackwater, £202. CHRISTCHURCH STOCK EXCHANGE. TODAY'S QUOTATIONS.

Buyc: rs. Sellers. BANKS- £ :>. .1. £ s. d N.Z. (£3 0/8 paii i) .. — 11 7 <i BREWERIES— Manning — 1 10 0 Ward 5 15 i) — COAL— Stockton .. . 0 G 1 INSURANCE— New Zealand . — fi 17 6 MEATS— Canterbury 8 12 ij N.Z. Refrigeratin S Co. (£10 paid) 19 15 0 SHIPPING— Union - ,"> — MISCELLANEOUS — N.Z. Drug Co. (£• ! pd.) 2 7 ti —