COMMERCE AND MINING

New Zealand Times, Volume XLIV, Issue 10273, 7 May 1919, Page 2

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE.

YESTERDAY'S QUOTATIONS.

■DON STOCK ESOILANGB. Australian and N.Z. Cablo Association. LONDON, May 1. There is expectation of a great boom in the Stock Exchange after the May Day holiday, owing to tho reduction of the i4xct».- Profit Tax. FINANCIAL GABLES BANK AND STOCK EXCHANGE REPORTS. Australian and N.Z. Cable Assooiatloh. (Received May 6, 5.5 p.m.) LONDON. May 1. The leading items oi tne Bank o. England return which was issued foi the week ended Wednesday, April 30th. compare as under with those for the previous week: — This week. Last week it. £ Gold and silver coin 84,204,000 83,6d9,0Gt Reserve —• i*,961,000 27.404.0 W. Note circulation ... 77,1<52,000 76.163.00 - Govt. deposits 21,930,000 24,5!U.<Wii Other deposits 124,7i52,00D 117,208,0,, Govt, securities 555068,000 50,225,00 u Other securities 82,227,000 81.753,00 i; Proportion reserve to liabilities -... 15.39p.c. 19.32p.c. COMMERCIAL CABLES. Australian and N.Z. Cable Association. (Received May 6, 5.5 p.m.) LONDON, May 1. Wheat and Flour.—The' market is quiet; very little offering. Oats. —Prices are firm. * Peas and Beans.—There is a good inquiry for all- lines, but no change in prices. Sugar. There is no change in price. SOUTHERN GRAIN AND PRODUCE. Pre«B Association. CHRISTCEURCH. May 6. The principal feature of the grain market for some days past has been the rush on the port of some forward selleiior oats to oover their sales. The demand was keen for a few days, but the position is nmv easier. The nominal price of oats at country stations has advanced, but-apparently is not yet sufficient to induce farmers to sell any more freely than they have done hitherto. A gradi' Gartens are now quoted at 3s 9d to 3s KM at country stations, and B grade at 3s Od to 3s Sd. Good Algerians are also in keen demand at up to 3s Cd, and Danish are worth 3s 3d to 3s 6d. Oatsheaf chaff has also advauced in sympathy .with oats, and Is now worth £5 to .£5 5s per ton at country stations. Linseed is firmer, and the quotation is .£ls 7s fid to .£ls 10s at country stations. • .White clover *aiid cocksfoot ire 'Still slow of sale. Cqwcrass is worth lid and Is Id. Potatoes show further firmness. And JJS lis, is now about the average price at country stations. HIDES AND POTATOES. POSITION AS TO EMBARGO ON EXPORT. Press Association. PALMHRSTON N., May 6. A lotter has been received by the Farmers' Union from tho Minister for Agrioulure stating that the embargo on the export of hides had been partially released. Regarding potatoes, a census taken

throughout .tho Dominion showed there did not appear to be a likelihood of there being sufficient potatoes this year to allow of any export from New Zealand. Last year, although- a considerable quantity was imported from Australia the shortage towards tho end of the season became acute, and until digging for (this tioason ia completed, he was unable lf> recommend Gabinot to allow the export of potatoes, but -the mater would be reconsidered at a later date. FRUIT AND PRODUCE WELLINGTON MAKKETS. Regular consignments of both apples and pears are reaching the local markets, and for specially favoured varieties there is a good demnd, which is likely to be maintained. Tn the pear category Winter Coles are commanding most attention. Quinces are in palrticullarlr keen demand and commanding high rates, as this fruit is usually dull of sale. Tomatoes are in full supply from all quarters, and only selling at low rates Passions and Cape gooseberries are -meeting with a ready sale, nrir) hothouse graves are selling at a high rang* of prices. Persimmons are in small supply and well sought after. Apples, choice dessert favourites lis to 12s oase, prime 9s to 10s, ordinary varieties 7s 6d :to 8s; cookers, choice. large 6s Cd to 7s case, prime 53 to 6s. small 4s to 4s 6d; pears, choice dessert favourites ISs to 14s case, choice ordinary 10s to lis, prime 7s 6d to 8s 6d; stewing, choice 6s to 7s case, prime 5s to 5s 6d; tomatoes. prime 4s <sd to 5s half-case, good 2s (Jd to 3s 6d; quinces, choico 7s 6d to 8s case, prime 6s 6d to. '.'-•■•; ■• '=ions, 5s to 6s half-case; Cape gooseberries, 7s to 7s Gd box; Persim raons, 6s 6d to 7s half-case; grapes, choice hothouse 2s 4d to 2s 6d lb, prime Is 9d to 2s. POTATOES AND ONIONS. The potato markets in the South Island have been showing some weakness, but values have strengthened slightly, and a good demand is resulting. Holders are not inolined to quote for very far ahead, as in some quarters very high values are looked for, and farmers consider that before long extreme rates .will result. Unions are firmer, and meet with a good demand. Potatoes, prime £8 10s to x 9 per 'ton, inferior JSt 10s to £8: onions, choice £9 10s to JBIO per ton. OTHER VEGETABLES. Lettuce is about the only line of vegetable not realising high rates, all other descriptions being in heavy demand. Cauliflowers, choice 12s to lis sack, orime 9s to Us, small 6s to 8b; cabbages, choice 8s to 9s sack, prime 6s to 7s; l/umpkins, 7s to 8s sack; turnips, 3s to ■ls sack; paTSnips, choice Ds to 10s sack, prime 7b to 8s; carrots, choice 7s to 8s -.aok, prime 5s to 6s; lettuce Is 6d to 2s vid <lase; rooTs melons, 7s to 8s case; marrows, 4s to 5a sack; 6wedes, 8s to 9s sack; pie melons, 7s to 9s sack; Frenoh beans, 10s to lis half-saok. IGQS. Both fresh and preserved eggs are in strong demand, but only moderate quantities are available. Fresh, 3s Id to 3s 3d per dozen, preserved 2s to 2s Id, uocording to how packed. WHOLESALE PRODUCE PRICES. taery, and Co.> Ltd., Alien street, report wholesale prices as folio w t —i\>wl wheat, choice, 7s 4,d per bushel, sacki extra; feed barley,. sft 8d per bushel, sack» in; maize, 8s 3d per bushel, sacKt in; oats, feed Algerians 5s por bushel, sacks in; oats, feed Gartons 5s 4d, sacks in; oats. Dun 6s bushel, sacks in; chaff, oaten cheaf, prime bright sweet J&A 15s ton, sacks in, on trucks or f .o.b, Wellington ; flour, .in sacks, .£l6 5s .per . ton, bran, ton lots, .£7 2s 6d per ton. sacks in; rice ppllard, ton lots or. over, £8 15s per ton, small lots 14s per sack; potatoes, JZ9 to .£9 5s per ton, sacks included; Farro food (better than pollard), ton lots, £9 10s per ton; linseed oilmeal (Meggits,), ton lota, JEI2 12s 6d per ton, smaller quantities 13s-per 100; walnuts (N.Z.), Is per lb; onions, 10s cwt; fowls, 4a 6d to 5s 6d per pair, extra choice roosters 5s to 6s per-'pair; ducks, 8s to 10s per pair; geose, 12s to 13s per pair; turkeys, Is 3d to Is 4d per lb, dead weight; butter, farmers' separator and dairy, in bulk and in lib pats, ls ; 4ld per lb: eggs, fresh, crater 3s 3d per doz, cases 3s to 3s Id per doz, preserved 28 Id per doz; dressed pork, choice 70'e to 90*8, 9d per lb; choppers, 4d 'to 5d par lb; suckers, 9d to lOd per lb; beeswax, 2s per lb; cheese, factory medium, case lots lid per lb; carbide, splendid quality, in 1001 b drums, 60s each; bluestone, 75s per cwt; shell grit, £6 per ton, small lots 6s Od por owt; salt, coarse, 12 sacks to ton, £1 lfi ->er ton: salt, fine, owts, £8 15s por ton; molassea, per cask, 42s each, casks included. WELLINGTON CUSTOMS. The Customs revenue received at Wellington yesterday totalled .£6171 7s Bd.

Buyers. Selle. r». ■a ». d. S, B. <J. aiimnjj— 0 8 2 0 3 5 2 3 3 0 13 0 investment—. 6 3 6 —■ 39 10 0 Bk. N.Z. 6» 8d) - 13 17 6 Metropolitan Per 11 7 6 5 16 0 — Wapier Gas Co. (.£10) — 10 0 0 isapier Gas Co. (pief.) — 10 0 0 — 12 2 6 South iirit. Iusuranoo ■ — 7 14 6 N.Z. Kefrigerating ... — 2 18 0 Wn. Meat iJjcport (£i) — i 1 0 Wn. Moat Export (£3 2 11 0 1 19 0 1 19 b — T 1 1 4 399 0 0 7 10 0 7 12 6 Wn. Woollen (pref.) ... — 4 15 6 1 11 8 — Westport Stockton ... 0 7 3 0 7 9 Golden Bay Cement ... — 0 19 U 14 0 1 S 0 4 17 6 — 0 14 11 0 15 3