COMMERCIAL.

Sun (Christchurch), Volume III, Issue 885, 11 December 1916, Page 5

COMMERCIAL.

LONDON MARKETS. By Cable. — Press Association. — Cofiyrighx. A.usiralian and N.Z. Cable Arsoafation LONDON, December 9. Shares.—Rumours of an extension of the Government's control of shipping has caused an all-round decline in shipping shares. Union Steam Ship Company of New Zealand shares are quoted at -18/0. Wheat. —Chicago December options arc quoted at 107 to K'i3* cents; May at 178s to 173 J. Frozen Meat.—Australian mutton BAd, New Zealand B|d, South American BJd, Australian lamb !t|d, New Zealand OJd, South American 9Jd. Rabbits.—The market is very firm, owing to short supplies. There is a brisk demand for New South Wales blurs, ex store, at 30/-. Miscellaneous.—Rubber: Para 3/0; plantation and smoked 3/4s. Copra: October December shipment, £39 5/- (nominal). Hemp: The market is quiet, but at a high point. Pair grade, October-December shipment, £sl. EUROPEAN V.HEAT SUPPLY. Australian and A'.Z. Cable Association. (Received December 11, 9.15 a.m.) LONDON, December II). The wheat and flour afloat for the United Kingdom is 1,865,000 quarters; for the Continent, 290,01)11. Atlantic shipments total 513,00(1; Pacific, nil. The total shipments for Europe arc 888,000; from Argentina. 50.000; from Australasia, 95,000. CHRISTCHURCH STOCK EXCHANGE. TODAY'S QUOTATIONS. Buyers. Sellers. BANKS— £ s. d. £ s. <1 Union 51 0 0 COAL— Stockton 0 0 1 FINANCIAL— Dalgety 6 7 0 GAS— Christchurch .... 0 10 0 INSURANCE— Farmers' Coup. (£5 paidi (rum rights) 7 0 0 810 0 Ditto (£2 10/ paid) (cum rights) .... '.) 10 0 SHIPPING— Huddart Parker .. Union (cum div.) . . WOOLLENS— Kaiapoi 0 10 Kaiapoi (prcf. re div. only) 0 0 0 MISCELLANEOUS— Canterbury Farmers' Co-op., Tiinaru . . 21G 0 MINING— Waihi Grand Junction 0 15 9