COMMERCE AND MINING

New Zealand Times, Volume XXXVII, Issue 8357, 18 February 1913, Page 4

COMMERCE AND MINING

WELLINGTON BTOOK EXCHANGE. YESTERDAY'S QUOTATIONS. MINING. Murray Creek (old issue)—ll.3o a.m., b As 9d. a 6s (prem); 3.D. s 7s. sales 6a iprem.). Murray Creek (now issue)—ll.3o a.m„ b fs 9d (iirem)j 3.15, b 6s 3d (prem). New Bijj Kiver —3.15, s £5 53. Ross Reconstructed—ll.3o a.m., e 6a; 3.15. s 6s. Saxon—ll.3o a.m., b sd; 5.15, b 6d, Talisman Consolidated—ll.3o a.m., b £1 19s 6d, s £2; 3.15, u £1 19s 6d. e £2. Waihi —11.30 a.m., b £1 13s 3d. 8 £1 14s; 3,15. b £1 13s 3d. AVaihi Grand Junction—ll.3o a.m.. b £1 Is 6d. » £1 2s; 3.15, b £1 Is 6d. b £1 2s. AVaiotahi—3.is, s 2s Id. AVaitangi Consolidated N.L. —11.30 a.m., e 7d. Montezuma—ll.3o a.m.. b par. Note.—The letter “b” signifies bnyers and “s” sellers. INVESTMENT STOCKS.

AV.P.C.A., £1 ... 1 9 0 1 8 6* ♦Reported, QUOTATIONS ELSEWHERE. Press Association. AUCKLAND, February 17, Balee at this morning's call on the Stock Exchange: Occidental, 9d. Boss,_ 6s. Talisman, 403. Grand, Junction, 225. New Waitaia, Is sd. Afternoon call: May Queen, 4d. Rosa Goldfields, -3s lOd, . AVaihi Paeroa, 30s. DUNEDIN, February 17. Stock Exchange sales: Union Steam, 48s 6d (two. parcels). "Otago Daily Times’’ (ex div.), 53a (reported). Stock Exchange quotation* i Dredging stocks—Blackwater, buyers 3s 3d; Electric, buyers 4s 6d; Golden Bed, sellers 8s 6d; Poctolus, buyers 3s; Rise and Shine, buyers 20s 6d; Rising Sun, buyers 3os; Sailor's Bond, sellers 6s. Mining Stocks —Ross Goldfields, sellers 6s 6d; Kuraunui Caledonian, sellers Is; May Queen, sellers 8d; Now Sylvia, buyers lOd, sellers Is Id; New Zealand Crown, sellers 9d; Occidental, sellers Is; Talisman Consolidated, buyers 39s 3d, sellers 40s 6d: AVaihi, buyers 335, .sellers 33s 6d; Waihi Extended, buyers 4d; AVaihi Grand Junction, buyers 21s 9d, sellers 22s Id; AVaiotahi, sellers fe Id. Investment Stocks National Bank, buyers JJS 18s, sellers <£6 Is 6d; Bank of New Zealand, buyers Jill 3s; New Zealand Insurance, buyers .£5 2s 6d; Standard Insurance, buyers ill 12s Gd; Union Steam Ship Company, buyers £2 8s 3d; AVestport Coal Company, sellers Jil 8s; New Zealand Coal and Oil. buyers 3s 6d, sellers 5s Id; Empire Building, sellers Jil 2s; D.LC. (pref.j, sellers £1 38; Kaiapoi AVoollen Company, sellers Jis ss; Milburn Lime and Cement (Jil), buyers Jil 16s, sellers J!1 17s 6d; Mosgiel AVoollen Factory; buyers <£3 10s, sellers Ji3 13s; New Zealand Drug-Company (JE2), buyers *B2 9s 6d, sellers JJ2 10s; New Zealand Paper Mills, sellers *Bl 0s 6d; New Zealand Portland Cement, sellers *810s8d; "Otago Daily ’limes," buyers *B3 12s; AVrivht, Stephenson and Co., buyers *BS 12s 6d, do (pref.) sellers *BS. 1 DREDGING RETURNS. 1 Press Association. REEFTON, February 17. Reefton dredging returns are: Pactolus, for Xl9 bouts, 220 z; AVorksop, 670 z 32dwt for 119 hours. E. W. B, Hornahrook, 163, Feather Mon street, Wellington, member Block Exchange Specialising in Mining Scrip. Trustwottaf Correspondence irora all Minin* Centre*. Telegraphic address: ''Romabrook, W«4 ling ton. COMMERCIAL CABLES HIGH COMMISSIONER'S REPORT. The Department of Agriculture has received the following cablegram from the High Commissioner, dated London, F’eß ruary 16th. (Note.—Quotations, unless otherwise specified, are average market prices on spot): - , Mutton.—The market is a shade weaker. Supplies are Increasing, but Canterbury are gettng very scarce, Canterliury 4id per lb nominal; North Island, 4Jd. ‘ Lamb.—The market Is firm. There is a good demand for all lamb. Plate lamb this season shows great improvement in quality. Canterbury, 7d per lb; other than Canterbury, 6id; Plato 5Jd. Beef.—The market is dull. A large oupply. New Zealand hinds, 3|d per lb; fores, Sjd. Butter.—The market i* very unsettled. There is a good local demand for choicest, but there is a limited demand for poorer grades; unsalted, being scarce and wanted for Continent, commands 29 premium. New Zealand, 114 s to 126 b per cwt (for *best quality); Australian, Siberian, Argentine, 110 s; Danish, 1295. Cheese.—Tho market is quiet but steady. The average price for the week for finest New Zealand' cheese, per cwt, is 60s 6d. Hemp—The market is very quiet. Manufacturers are holding off the market. No change in prices. Spot: New Zealand good fair, per ton, *834; fair, *B3l 10s; fair current Manila, *833 10s. Forward shipment: New Zealand good fair, *834 ids; fair, *832; fair current Manila, *834 10a. The output from Manila for tho week was 22,000 bales Wool.—The market is strong. All stocks are advancing. Daigety and Company, Ltd., have received the following cablegram from London, dated February 13th: Frozen Meat.—Beef—The market for New Zealand is weak. AVe qaote—New Zealand prime ox fores 3|d, hinds, B|d. Lamb.—Demand for New Zealand lamb is limited, and Wo expect a gradual decline in prices as arrivals come forward more freely. Quotations—Now Zealand prme crossbred lamb. North Island heavy and light, 6fd, Australian good average quality crossbred iamL heavy and light Mutton. —Demand for New Zealand mutton is limited, and we expect a gradual decline In prices as arrivals coma

forward more freely. Quotations New Zealand prime crossbred mutton. North Island heavy and light 4fd, Australian prime crossbred mutton heavy and light ■id. LONDON, February 16. BITEADSTUFFS FOE EUROPE. Tlie quantities of wheat and flour afloat for the- United Kingdom and the Continent of'Europe on Saturday, a week ago. and at the corresponding time last year, compare; ' This week. Last week. YT ago Qrs. Qrs. Qrs. For U.K. ... 3,105.000 2,900,000 3. 150. ft 10 For Europe 2,560,000 2.400,000 1,145,000 Shipments from American Atlantic ports amount to 252,000 quarters, compared with 431.000 quartern a week ago, and 183,000 quarters a year ago. Pacific Coast wheat put afloat totalled 35.000 quarters, as against 30,000 last week and ■15,000 a year ago. 'me total quantity of wheat and flour shipped from all exporting countries during the week ended Febrnary 15th was equivalent to 1,400.000 quarters of wheat, compared with 1,650,000 quarters in the previous week aud 1,050,000 quarters a year ago. The weekly total includes 209,000 quarters of Australasian wheat. LEAD. Lead.—lmports, 21,159 tons, including 8711 Australian. Exports, 5554. LONDON, February 16. , FROZEN MEAT MARKET. The Incorporated Society of Meat Importers' Smithfield market quotations for the undermentioned classes of frozen meat are bused on actual salea Of not less than one hundred carcases of mutton or lamb or twenty-live quarters of beef of fair average quality. The quotations are not for selected lines, but for parcels fairly representative of the bulk of the shipment® now on the market. The prices which follow are on the average a farthing per lb more than the values ex ship, this difference representing an average cost in expense, handling, conveyance aud selling the meat.

•None offering. RABBITS. ! The market is easier. Young small Australians declined about Bd. LIVE STOCK SALES AUCTIONEERS' REPORTS, Dalgety and Co., Ltd. Wo held a clearing sale of dairy stock at Wallaceville yesterday on behalf of Mrs Wilkins. , The herd came forward in good condition, and were well sought after by a fairly large attendance of buyers, and we were successful in disposing of every beast under the hammer. vVe quote the following prices: Cows at drop J 69, AD ss, All sa, to All 10e; cows in milk, HI, .£5 ss, AS 15s, to All 16s; bulls,,to ,£3 3s; mare, A2O. WELLINGTON CUSTOMS The Customs revenue received at Wellington yesterday totalled A 2753.

Buyers, Sellers. Sales. £ 8. d. £ 8. d. £ a. d. BANKS— National of N.Z., Ltd — 6 1 0 Financial— N.Z. Loan and Mercantile, 10a ... 0 9 3 N.Z. and B. Flute Land, Ltd. . ... — 2 0 0 Wel'n. Invent T.A. Co., Ltd. ... — 0 11 0 _ Wellington Trust Loan, Ltd, ex... 7 0 0 1 5 0 _ GAS— Feilding ... • — Wellington, pref. 0 19 1 0 3 9 — — insurance— Now Zealand ... 5 1 6 5 2 0 — Meat preserving— Wel’n Meat Expoert, £2 12s 6d 2 16 0 SHIPPING— Union Steamship 2 7 6 Man dpactubing— Wellington Wool'p, ordinary, ex ... 3 10 0 3 13 0 Coal— Hikurangi 0 15 Taupiri — 6 017 6 1 5 3 — miscellaneous— Golden Bay Cement Co, ... — 1 0 3 N.Z. Drug Oo., Ltd., £2 2 9 6 2 10 0 _

Feb. 8. Feb. 15. d d. ifution— Canterbury, light • * Canterbury, medium. .... * * Canterbury, heavy * • Southland * • North Island, best • 'North Island, ordinary 4 7-16 Now Zealand, ewes • Australian, light • 4 Australian, heavy * * 3} Australian, ev/cs st River Plato, heavy ... 41 43-16 River Plate, owes • Lamb— Canterbury, light 5J • Canterbury, medium ... * * Canterbury, heavy * Southland ..... * North Island, best * 0* North Island, ordinary * 64 Australian, best st Australian, fair • Australian, interior 4i 4i River Plate, best River Plate, seconds ... . * Frozen Beef — New Zealand, fores • • New Zealand, hinds 3* * Australian, owes * Australian, fores 81-16 * Australian, hinds • • Kiver Plate, tores * • River Plate, hinds m V Chilled BeefRiver Plate, fores River Plate, Hind* ...... 1 35-16 a