COMMERCIAL.

Press, Volume LIV, Issue 16266, 17 July 1918, Page 9

COMMERCIAL.

(By Cable.—Press Association.—Copyright.) (AustraJi&Q and N.Z • Cablo Association.) BRAN AND POLLARD. MELBOURNE, July IG. The prices of bran and pollard have been fixed at £4 ISs and £5 respectively, delivered at tlio mill.

GRAIN AND PRO.DUCE MARKETS. . j (BY OUR COMMERCIAL EDITOR.) / Tuesday Evening. Tlic market generally is very quiet, aud there is no grain offering. The potato market is firm, and sales are being made at £5 to £6 5b at country stations, and up to £6 10a ia being offered for good samples of Dakota Reds. The onion market has further advanced, and 'the quotation is now £13 10s to at stations. The following are -the prices paid to farmers at country stations, free of commission, sacks extra, exce»t where otherwise stated:— Milling wlicat, according to Government price, South Island, Juno 5b 11 Jd, July 6s, August Ga Old, f.o.b, North Island, 4d additional. • . , ■' . , Oats —Seed Algerians 4s 3d to 4s 6d, few 4b to 4s 3d; milling Gartons 4s 4d to 4s 6d, feed 4s Id to 4s 3d; seed Duns 4s 6d to 6s, lighter 4s upwards; good quality Danish 10 4 °Bariey (nominal)— Prime malting 6s 3d to fis 6d, medium 5s Od to Gs. Flour—£l3 10a pir ton; 1001b bags, £16 Ss; 501b bags, £16 10s; 251b bags. £10 15«. Bran—Shipping £5 10a, local ia 15b . pet ton. , Pollard—£7 10s per ton. Oatmeal—2slb bags £26 per ton, 71b bag! £26 per ton. . .... Oatsheaf Chaff—(Nominal), heavy bright £5 5a to £5 10s, medium £4 15s to £5, inferior £4 to £4 10s Cocksfoot—lOJd to Is ,3d. Ryegrass—Heavy Perennial 4a 6d to 4« | 9d, lighter 4s to 4s sd; Italian 8s 9d to 4* I 8d; Westernwolths 4s to 4s 6d. Whito Clover—Clean Is 6d to la 9d. Red Clover—la 6d to Is 7d. Peas—Partridge, Cs to 6s 6d, White Ivory lis 6d to 12s, Blue Prussians 15a to 16a Blue Imperials 16s to 18«. Scotch tares —Its 6d. Beans—6s 6d to fis 9d. Rape Seed—ld to 4 id. Onions—£l3 10b to £14. Linseed—£24. Potatoes—£6 to £6 ss, Dakota Beds £G 10s. Seed-Potatoes £4 I©9 to £9, according to variety.

RAKGIORA MARKET. At the Bangiora market yesterday the entry of live stock was small. Only 47 fat sheep and 607 stores were yarded, and out of the latter 311 were passed in. A pen of fat wethers eold at 40s, and two pene of lambs at 27s and 2Ss Gd respectively. Of the stores eix end eight-tooth ewea in lamb made 27 s, two to eighth tooth ewes 23s 6d, empty ewes 18s 9d, and six and eightAooth merino ire there 15s Id. ; Cattle—Thero was an entry of 36 head. Springers mado £13 to £16, springing heifers £12 to £I<s, and calves £1 15a to £2 ss. Pigs—About 220 were penned. Light baconers made 80s to 100s, heavy 105e »o 1-lSs, 3torea 45s to 63a, and small sorts 19s to 275. In tho poultry department roosters eold at 7s 7d a couple, hens 4s 9d, turkeys 265. In the produce yards chickwheat eold at ss. to Cs 6d per bushel, oats 4a 9d to 5a 6d, gTass seed Se 6d to ss, Cape barley 4s 6d, bran 7a 6d a sack, oateheaf ohaff ia 6d to 5s 6d, potatoes I,os to 13s, swedes 4s, parsnips 6?, carrots 4s Gd, apples 2« 6d„to os 6dac*3e, peara 3s to 4s. ASHBURTON STOCK MARKET. • There was aa unusually small yarding of fat sheep and lambs at the Tinwald yards yesterday. The attendance was good and satisfactory prices were obtained, particularly for sheep of primo quality. The total I sent forward was 612, including 419 ewes. 127 wethers, and 6fl lambs. The highest price paid for ewes was 36s 3d for a line oi 10 sold on behalf of a client, whilo Mr J. Oliver, of Ealing, got 32s 3d for a line of 24 and.29s 3d for another lot _of 23. A single wetter, sold on behalf of Miss Marsh, of Lowcliffe, brought 475, while Mr W. Xish, of Eiflelton. got 45s for a nice evon line of 12. Mr J. R. Scott, of Tinwald, obtained 43s Gd for a line of 16, while 8 sold on behalf of Mr W. T. Lill, Willowby, realised 42s 10d. The highest prices paid for lambs were 36a, 33s 6d, and 325. Following- are tho principal sales effected: — • Ewes—24 at 32s 3d, 23s at 23s 3d, 23 at 28s 9d,' 20 at 28s 9d, 20 at 28s, 33 at 20s, 10 at S6s 3d, 17 at 24« lOd, 08 at 25s Bd, 11 at 25s Id, 1 at 31s, 125 at 24s 2d. Wethers—B at 42s 10s, 7 at 27s 3d, 4 at 38s 9d,. 16 at 43s 6d, 22 at 37s 6d,~3iat 33a, 4 at 32s 6d, 12 at 455, -1 at 47a.

at 365, 2G at 27s 3d, 4 at 355, yarding of store sheep totalled 2083, and consisted of 682 lioggete, 30 wothera, tie balance being ewea empty and in I#m»The balk of the ewes yatded were travelioa sheep, and there was very little demand- j There was r better doxnand for hoggets, ana 1 the only lino passed was 79 eweß at 255. The sales were:—97 three-quarterbrcd wether hoggets 20a 9d, 220 ewe hoggets 26s Bd, 106 mixed poxes 25s 6d, 407_ two and tooth three-quarterbred ewes in lamb 25b od, 35 broken mouth ewes in lamb 18s 9d, 33 13s, 82 four, six, and eight-tooth therequarterbred ewes in lamb 87a '3d, 14 ewe hogpets 235, 52 broken mouth ewes in lamb 16s Id, 66 mixed sex hoggets 23s 4d, 35 empty ewes 14s 9d, 30 four, six, and eight-tooth wethers 265. The passings totalled 908. Cattle—There was a yarding of 46 head of cattle, and the prices obtained wero well up to those which had ruled at several previous sales. The top figuro was £18 10s for a prime bullock sold on behalf of Mr J. 11. Hampton, Hinds. Mr Hampton obtained £16 10s for a couple of other bullocks apd £16 a head for four more. Mr A.' Watson, of Timvald, got £18 for a prime fat cow. Other, prioes obtained wero:—Fat heifers, £15 15s, £12 12ft 6d, £10 15s, £9 15s, £6 12s 6d; fat cows, £11 17s 6d, £13, £12 10a 6d, £10 17$ 6d, £11; steers, SA 17s 6d, £7 10s. A line of 16 calves, mixed sexes, brought £4 13s 6d. A shorthorn bull, sold on account of Mr J. M. Hampton, brought £15 10s. CANTERBURY HALL COMPANY. The report to be presented to th© seventh annual meeting of the Canterbury Hall Company states that the business to be considered is very important. The report further states: — "As you are doubtless aware, in November last a disastrous fire occurred which practically destroyed the building known as His Majesty's Theatre, together with the adjacent halls and offices, the property at the time being in the occupation of Messrs Fuller. The insurance on tne property was sufficient to clear off the Company's indebtedness, but left nothing to provide for th® re-instate-ment of the buildings. Your directors, after conferring with th® lessees, took steps to obtain plans for a new theatre, and were fortunate in securing the services of Mr H. E. White, F.1*.Z.1.A., F.1.A., who has hod large experience in Australasia in this class of work. Mr White has submitted plana for a theatre and conoert hall, vhich, if earned out, will provide the finest and most up-to-dat© buildmgs for amusement purposes in the

Dominion. The wholo property la let on a. twenty years' lease to Messrs Fuller at a rental which should provide a good return on tho cost of tho proposed, buildings and land, besides a einking fund and eventually a good dividond to shareholders. At present there is no incomo as, owing to' the lire,, the payment oj rent is suspended. Tho plans will bo on view at tho meeting, and the architect expccts to be present to givo any information required. The directors, after placing tho position before tho shareholders for their consideration, will ask for ( direct instructions as to what shall be. done." Under the articles of association Mr J. A. Frostick retires from tho directorate and offers himself for re-election. Mr W. H. Cheesman, tho auditor, also retires and offers himself for To-election. EGG MAEKET. At tho auction salo of guaranteed fresh eggs, held yesterday by Messr» Harris Bros., auctioneers, on behalf of the Egg Association, there was a good entry, ana every lot was sold at the following rates: — First grade hen eggs realised 2s per dozen, second gTades Is 10d to Is 10id per dozen, duck eggs la lid per dozen, competition egg* Is lid par doren. *

NATIONAL BANK OF NEW ZEALAND. In a Press Association message, published on Monday with reference to the annual report of the National Bank of New Zealand, Ltd., it was stated that "the sum of £10,000 has been allocated to the reduction of the back premiles acoount, and £15,000 added to tho reserve, which will then stand at £703,000." The £703,000 was a misprint for £730,000. CAPITAL FOR A COAL MINE. (SPECIAL TO "the PR*SB."> WELLINGTON, July 16. A southern investor interested in_ a working coal mine in the Reefton district is feeling tho market here to see whether & certain amount of capital can be found for this venture. EXPORTS TO AMERICA. (PEERS ASSOCIATION TET.KGEAM.) WELLINGTON, July 16. The Government has been informed oy the Secretary of State for the Colonies that •wool, jute, flax, cotton, mica, rubber and rubber substitutes, plumbago, tin, leather, tanning materials, all hides and skins, and lacs of all kinds, should be sent direct to importers in tho United Statce # and not to

any trade association, °r a ' British ConsulGeneral* CHRISTCHURCH STOCK EXCHANGE'. LATEST QUOTATIONS. Buyers. Seller*. £ a. d. £ B. d. BANKS— New Zealand {fully pd.) 17 10 0 — J Now Zealand (£3 Os 8d ~ n paid) .. •• - 32 11 0 ! GAS— Christchurch .. .. 516 0 C 0 9 INSURANCE— ■ „ „ New Zealand .. •• '-T « " Standard •* •• •» 1 0 MEATS- ' Canterbury ... •• •»- US 2 N.Z. Refrigerating- .. — .2.00 SHIPPING—' ■ ; Huddart-Parker 4 - — 119 6 WOOLLENS — Eaiapoi .. .•• 73 0 — MISCELLANEOUS— Kauri Timber.. .. — - 0 H 3 Mason, Struthers (£1 paid) .. .. I' 2 9 1 3 C N.Z. Farmers' Co-op. .. 2 3 6'. — MINING— Waihi Grand Junction 011 6 — YESTERDAY'S BUSINESS ON OTHER EXCHANGES. (press association telegrams.) • AUCKLAND. Sales:—South British Insurance, £6 7s; Wilson Portland Cement, 28a; Auckland Gas, 28a 9d.

THE "WELLINGTON SHARE MABEET. (SPECIAL TO "THE PBESS.") ' WELLINGTON, July 16. The Wellington share market is very dull. There aro plenty of buyers for several claeeea of shares, but holders seem unwilling to sell, even at the present extreme prices.' Many of the shares owe their to tho war, the companies concerned making good profits because ol th* war. These shares will maintain their strength, but <m the first indication that hostilities aro likely to terminate, there will be 9 wild rush <0 get out, The high prices aw regarded as temporary and many people have speculated in anticipation of this improvement. National Bauk snaje3, with "buyers. at £5 12s 6d (cum divideud) have readied their fair lewl. Not so long ago they wero kept eteady at £0 ss, and this was due to heavy selling on the part of certain holders who were realising to find money iof other purposes. Once this lot 'was liquidated the shares quickly advanced. Banking, shipping and insurance shares are all in very good demand. Woollen shares have firmed very considerably and their favourable standing ia due to the-war. Coal shares aro quiet, but steady. Waipa colliery shores *rc ewier and at© now at 16s 9d, with no declared buyers.