COMMERCIAL.

Star (Christchurch), Issue 16986, 9 March 1923, Page 8

COMMERCIAL.

LONDON WOOL SALES. The Department, ot' Agriculture has receive.! the following ca.l«legrain. dated March 7. from the High Commissioner:— Wool—Sales opened in London on March 6 with large attendance. Competition was keen from Continental buyers, but. the Home trade was reserved. Compared with last London closing rates. merino and fine cross-bred ruled from par to 5 per cent cheaper and medium and coarse cross-bred from 5 per cent to 7% per cent FRUIT AND VEGETABLES. LOCAL MARKET CONDITIONS. The Director of the Horticulture Division has received the following reports from the F.ruit Inspector on the condition of locally grown fruit and vegetables in shops, ajicf auction rooms, and the market 192» :- Stone fruits have been coming forward in smaller Muontities. prices having been very fair. The. fruit has been arriving in very good condition with an absence ol brown rot. Apples are coming forward in larger quantities, particularly from the Nejsou district. Prices have been lower than previously. Pears have been coming forward in small quantities and prices have been low. large quantities and prices have been on the low side. Vegetables.—These have been coming forward freely with only fair demand and prices rather poor. Tlie following may he taken as a fair average for the prices for the month: - Apples. 3d a lb. cooking 6s a ca.se; apriertts -is to (5s a case: grapes, from Is 3d 3s to 6s a three-quarter case: peaches. 4 t a to l 7S Ca / e f : [J ,UTIIS - to 3d a lb: to 4d a lb. seconds id to *2d a'lbFrench beans id a lb-. cabbages. 2s to 3s a rows, l.s 6d to 3s ~a dozen:' green’ pea?. 2? a peck: potatoes. ts to 6s a cwt: onions, id to Id a lb. STOCK EXCHANGES. CHRISTCHURCH. Closing quotations are:—

Sales reported—National Bank of New Zealand. £6 8« 6d; Adelaide Steamship, £1 3s : Dunlop Rubber (cum div.), £\ 3s 9d; Waihi Mining. £1 8s 3d. Sales on Change—National Bank of New Zealand £6 3? 3d: Bank of New South WaW. £37 175 fid (two parcels), and £3B. DTJNEDTN. DUNEDIN. March 0. Sales on ’Change—N.Z. Insurance : Westport-Stockton 8s 9d; N.Z. Refrigerating (cent.). 14? Id. Sales reported-P. and O. deferred. £3l». AUCKLAND. AUCKLAND. March 8. Sales on 'Change—Bank of N.Z.. 575; Tiiver Platp. 21» 6d; Milne and Choyce debentures, 23s 9d. HIDES SALES. By Telegraph—Press Association—Copyright Australian and W.Z. Cable Association. (Received ° 11 io u-mJ MELBOURNE. March 9. At the hides sales, the demand was ani mated for all except kips, and values ad vanned fcd to Jd all round. Kips declined Id A DDTN < »TON MA RK FT. "Die yarding of stock at Addington on Wednesday last were as follow (the figures for the previous week being given in parenthesis:- Sheep 33.753 (41.895); cattle 939 (1-036): pigs 1003 <794). DRAIN AND PRODUCE. THE MET/BOURNE MARKET. (Received March 9. 11.40 a.m.) MELBOURNE. March 9. Barley.—English malting 3s Od to 4? a Oats.—3s Sd to 3s 9d a bushel. Potatoes.- £4 me to £.> a ton. Onions.—£3 10s a ton. BljA f'K WATER MTNFS. received the following information of tbs crushing return" of Plackwat-er Mines Ltd. for February 1923 Crushed 2786 tons o< ore. yielding 1235 fine ozs of gold, veined at £4 7s fid nor fine oz. at- £5402; working expenses £4773. working profit £*27: development £755. new water race £527.”

Buyers. £ s. d. Sellers. £ s. d. N.Z. GOVT. STOCK— 4s p.c. Inscribed, 1936 97 0 n 4£ p.c. Bonds. T>3S . 97 0 0 97 5 0 o p.c. Inscribed, 1927 97 5 0 97 15 0 o p.c. Bonds. 19-29 . 97 5 0 97 12 6 H. P-c. Inscribed, 1933 100 15 0 BANKS— ** 0n^S ' 1933 ' ,0 ‘ ° ° 101 0 0 National of N.Z. . fi 8 o 6 10 0 New Zealand . . 2 16 9 Koyal (£1 paid) . 1 13 3 Royal (£1 paid) 6 11 o Union of Australia , 13 19 () 2 17 3 INSURANCE— National ... 3 14 3 3 14 9 South British . . 1 17 9 Standard . . . 1 13 3 LO \ N .1 N D A <; ENCY— 1 18 G Dalgety and Co. Golds brough, Mort . 2 4 3 N.Z. Loan and Merc. 12 12 G 2 4 9 (ord. stock) . SHIPPING— 90 0 0 Howard Smoth . . 2 12 6 2 14 6 Adelaide Steamship 12 9 Huddart Parker 13 9 (cum div.) . 2 18 6 New Zealand (6 per 3 10 cent t um pref.) 9 7 6 FROZEN MEAT— Canterbury . 14 19 0 N.Z. Refrigerating 15 5 0 (£1 paid) . N.Z. Refrigerating oil l (10s paid) . . 0 14 1 COAL — Weatport-Stockton . 0 4 9 WOOLLENS— Kaiapoi (£1 paid) . 13 0 14 0 Kaiapoi (pref. re div. only) 116 GAS— Christchurch 8 0 0 BREWERIES— Manning . . .4 12 n 4 15 0 Ward . . 1 14 0 1 17 6 CEMENTS— Wilsons X.Z.. Portland 15 0 MISCELL A N ECUS— Burns. Philp . - 1 13 0 Dental and Medical Supply Co. . .13 0 Glen more Brick and Mason, Stvuthers (£1 15 0 paid) N.Z. Drug Co. (cum div.) . . . . 2 19 0 N.Z. Farmers’ Co-op 15 0 (£2 paid) . - .10 0 N.Z. Paper Mills . 15 3 N.Z. Milk Products 17 0 1 10 0 Whitcombe and Tombs 3 11 0 Electrolytic Zinc. (rights) Electrolytic Zinc 0 11 0 (pref.. ptc div.) • 1 9 3 United Pictures 1 10 0 MINING— Mount Lyell - • i » J* Wailii • • . 1 S 3