COMMERCIAL.

Press, Volume LV, Issue 16426, 21 January 1919, Page 5

COMMERCIAL.

LONDON" MARKETS. (By Cable.—Press Association.—CopyrigMJ (Australian and N.Z. Cable (Received January 20th, 8.40 p.m.) LONDON, January 18. Rubber—Par* 30id, Plantation. 24Jd, Smoked 23Jd. • , , Hemp—The market is slow and unchanged. Juto—The market is inactive. JanuaryMarch delivery is quoted at £36 10s. AMBERLEY MARKET. The Amberley market was held yesterday l , wlku the yarding comprised some 2883 sheep and 80 head of cattle. In the sheep pens there were 1828 fats and 1054 stores. Prices showed a slight drop. Lambs made 23a 6d to 325, ewes 26a to 32b Bd, and wethers 80s 9dto 32sv The principal sales were Lambs: H. Mayj 66 at 29s lid; J. Russell, 60 at 28a; A. H. Buech, 44 at 256; S. Boon, 18.at 24s 7d; T. Hassail, 131 at 25a to 27« 2d; Wm. MoEfcrlane, 14 at 275; N. McLean, 48 at 21s; H, Weir, 62 at 265; J. Nixon, 847 at 24a 7d . to 28s 3d; H. M. Burgin, 377 at 28s to 82s; W. Edor, 42 at 265; D. D. MoFarlane, 83 at 24s Id; J. Fleming. 38 at 25s lid; Mrs O'Brien, 46 at 27s 2d; W. A. Kelcher, 52 at 26s 3d; H. James, 30 at 28s, 9 at -81a (passed); J. Stackhouee, 180 at 23s 8d (passed). "Wethers• H. V?cir, 10 81a 7d*; vJ. H. Wiataon, 4 at 325; Mra O'Brien, 4 at ' §0s 9d; L. Johns (merino), 18 at 19s. Ewes: IJ. Nixon, IS at 27a sd; J. H. Watson, 9 at 32s 8d; W. A. Kelcher, 12 at 27e 4d; J. Fleming, 5 at 23b 6d; Mrs O'Brien, 6 at 26s Id; J. Russell, 7 at 28s Id; W. Eder, 18 at 275; Hans Busch, 8 at 28s Id. Store Sheep—lls wether lambs at 13s sd, 98 mixed sex lambs at 13s 6d, 18 cull lambs at 7s 7d, 84 rape lambs at 20a 3d, 41 at 20J 6d, 75 six and eight-tooth ewes at 33s Id. 17s 6d, yearlings £4, 16-monti cattle £6, two-year-old £8, forward steers £11 10s, fat. heifeiß £11 10s to £14, dry cows £1C( dairy cows £14, springers £11, OVERSEAS FREIGHTS. NEW YORK TO NEW ZEALAND. The reduction of steamer freights from Now York to Now Zealand ports, which was announced in a telegram from. Wellington last week, marka a definite stage in the lowering of the coat of eoa carriage, as a result of the termination, of war conditions. The freights from New York'to the Dominion have been reduced to £8 63 6d ft ton measurement, and £7 16s 3d a ton by wfcight. The former rate shows a reduction of £* Bft 4d a ton measurement, or one-third the rate charged in Dcoember, 1918. Prior to tlie wm cargo from New Yorfc was classified, ana freight was charged, according to the class 01 cargo. The freights for the different classes ranged from i!2'ss to £3 18s a ton. In April, ■1914, the'rate* ranged from £1 12s 6d -to £8 2s 6d a ton. After the year 1915 the classification of cargo fom. New York was discontinued, and freight was charged by weight or measurement. In Deoember, 1916, bmmuz®« ment cargo from tho .American port was quoted at £7 10a a toil. In July, 1917. U was £10 10s, and in April, 1918, -it was .£& 103. This was the maximum figure cnaxgea bv fihip-owners. Cases hav© which a higher rate has been paid, but that has in instances in which a shipper liu acquired more space in a steamer than hs has needed, and. has disposed of it on aa advance on the rate paid by_ himaelf. A reduction in> steamer freights from «ew Zealand to the United Kingdom took plaos after the announcement of the armistice last , November, arid rates for certain kinds of cargoes dropped 25 per-j cent. .* thistrade since 1914 showed a marked increase as the cases, they reached-over, £20 , and kauri gum;may ; be**^l, of the various took plo«o during the war." Homp ifrefehts tranced from £4 a ton in-1915".t0 ,£»•», ? 1 ? tobe £' * 1910 and £20 in October.l9lß. falling to, £15 'in the following - months Kauri 1 gum flw U£3 10s J ln. WIS to £12 10s in October, 1018, a £9 ulace a month later.: „In October. 1915, the rates quoted were the addition of a 25 ner cent, war surcharge, but since that year the rates quoted, for freight included the war surcharge. In all cases the usual 10 per cent, waa added to the from England to .New Zealand „rior to the war ranged from £2 a ton rough prior v , . J,, 15 a ton fine measure- . 1 1915, it had increased ■» • iqift tfc was £3 76 cd.' to to measurement. MUxAtet. .* /» .j was chirccd. Apw'» - m um of £10 a top £ i t *°W remained ESS?® S all e«b£t-, to of 10 per cont. pnmage.Mind they include the marine and war ti*k« in some cases, amounts to 6J per cent. THE PROPERTY MARKET. TTm-man air.l Stevens, Ltd., acting on inxln w ii "pvMfiioDfi in filnictions from on Saturday *♦ }Ia at' No- 17H5 Haokihom© road, Cbblh h °Tland _11 rAnveTiicnccs. with nearly J-acre of land, to Milw A. L. Hay. for £1200. It advertently stated in yest«rday£ issue that fho was sold on behalf of Mrs A. L. Joseph. CHRISTCHTTRCH STOCK EXCHANGE. YESTERDAY'S TRANSACTIONS. SaITSXd (8 pe* "»'■ ""TaTOST QijOttSbNS. : ■ Buyers. Sellers. £ s. d. £ ». d. t BANKS— 125 ofl -n Australasia •• „ *j . ■■ Xcw Zealand (£3 6s 8,1 . paid) * .. Union of Australia (cum. div.) .. oj. u u INSURANCE- 2 5 9 Standard ••. r 3 J . LOAi- AND AGENCY— Nationel Mortgage .. 410 0 FROZEN MEAT— > \ Refrigerating (cum. • div.) •• .. .-7 0- — — 0 9 0 G ChrUtchurch ... 60 0 — MISCELLANEOUS— jfttrns, Philp •• - 116 8 Cant. Farmers Co-op. (Timaru) •• _ r« ® N.Z. Farmers' Co-op. — * * » MINING o 10 • Talisman .. y — 010 YESTERDAY'S BUSINESS ON OTHEtt EXCHANGES. (press association* telegbaks.) AUCKLAND. ; Sales reported:—Kaiafloi WooUen,, *7 lis;:; Auckland Gas (paid) (/ 27s 3d. ° a Change:— Wilson's Cement, 15s; Waihi, 4js. .