COMMERCE AND MINING

New Zealand Times, Volume XLIV, Issue 10292, 29 May 1919, Page 10

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE

YESTHEDArs QUOTATIONS.

' QUOTATIONS ELSEWHERE. Press Association. CHRISTCHURCH, May 28c .Sales reported:— . ' v ‘ Commercial Bank of Australasia, Tl 4s

New Zealand Drug Company, £2 14s. DUNE’DIN, -Viav ;8.

•Sales da 'Change : bHuddarb.Paru.er tordd. Ms 6d. 11s ■‘baies .reported:-!-. . New Zeaiaua Kcfrigerating Company. Sis 3d. . . . . . . ,V , LONDON gti CITATIONS. By Telegraph— Press Association— Copyrign I .Australian" and N.Z. "Cable Association. ' " LO-N DOo,, May 16 tue.uyeuj.-;. Among tne" incest quotations on the StocK xAcnunge are uio following;— Broaun Bail, nuyers Ms, sellers Ms; North Broaen Hu,, buyers lbs 9d. sellers 61s 3d: South .Broken Hill, buyers 17s 6d, sellers bus: Hampden, buyers IDs; sellers. 20s - : -Mount JsUiott. buyers . 60a, sellers 70s; Mount Dye 11. buyers 335. sellers ,335; Boulder, buyers Hs, sellers Us 6cl; Ivanhoet buyers 33s 6d. sellers 35s (ex dividend!; Waini Grand junction, buyers 13s Od, sellers 15s; Peninsular.and uribntal; Hdelerred)7 7£l3S. ■ ' ■ LONDON WOOL SALES. Australian and N.Z. Cable Association. LONDON, May 16 (delayed}-. At the wool sales to-day competition was keen for super combing wools, and tot) prices ‘.wero'realised. i’or carbonising sorts the bidding was slow. . "Cce runna” realised 47|d to 44id; “Beeltana," AUd to 41d; .''Oakden Hill." 47d to 41d. •The . New Zealand _ “OUtua’’ brand fought 70d to 67d. , MOUNT E'EAD AND EOSEBEEY MINES. ' The following progress report was Issued for the fortnight ended Alay Vth Hercules Mine. —No. 5a level 430 ft south drive to 3ooft, face being in zinclead sulphide ora of average grade. Construction of “lay-by" is sat)ft north drive in progress. , Eosebery Mine.—Main adit level north drive to 635 H, shows 6ft width of zinclead- snip hide ore. No. 6 level north: "drive to ’ bfilft. has full face of low-grade zinc-lead sulphide ore. neither wall visible.- No 5 level drive north of No. 13 rise to 172 ft, face now in schist. MOUNT LYELL MINE. A progress report as under was issued for tne fortnight ended May 7th;— Mount Lyell Mine.—No. 9 level, south Lyell drive to 388tt in schist; completed. "North Mount Lyell Mine.—€ooft level N0.'13 crosscut to 14tt in schist.. : -7Coft level No. 351 dial drill bore inclined, completed at 53ft, penetrated ore of fair grade for first 20ft. No. 333 dia. drill bore, inclined, completed at 52ft; passed through low-grade ore for first' 10ft. 925 ft level. No. 333, dia. drill bore, drilled . Reduction'"WbrksT'--- One furnace'm blast during fortnight. 3365 tons blister copper consigned to refinery for the current' year. ..

LIVE STOCK SALES ADDINGTON MARKET. Dress Association. • CURXSTOiiUItOri, May 28. At Addington market tnere were mo- . derate yardings of fat cattle and fat lambs, small yarding of sheet, and.fair entries in other oepartments except -in store cattle and pigs, in which very few were ohered. . Ji'at lambs and fat sheep advanced a further Is and. Is 6d per head ond. prune fat cattle were also firmer, but’mdch of the yarding was unfinished.: Thgra was little or no change in other •classes of stock except vealers. which were dearer. Store sheep. —Two-tooth ewes to'22s 2d, four, six and eight-tooth ewes 21s XOd to ,25s lOd, sound mouth ewes 17s -Id to 17b ’lid., two and four-tooth wethers 2ls,four and six-tooth wethers 25s Id; sound mouth wethers 21s. ewe lambs 17s fid, mixed sex lambs 15s Td, wether lambs Us Id to 15s 2d.

Fat. lambs. —Extra prime to 545, prime 29s to 32a fid. medium lambs 23s to 28s fid, lighter lambs 17s 3d to 22» ita. Fat sheep.—Extra prime wethers 445, prime wethers 34s 6d to 4J.s. medium wethers 30s to 34s 6d, lighter wethers 24s ■fid to 29s fid. extra prime ewes 395, prime ewes 319 to 34s 6d. medium ewes 23». Od to 30s fid. lighter ewes 15s to 235. ■ Fat cattle.—Extra prime stores to X 25 .79 fid, prime stores .014 15a to -£lO Ss, ordinary X 9 17s fid to .£l4, extra prime heifers toXIS 7s fid, prime ‘heifers £3 15s to Xl4. ordinary heifers X 5 10s to, .369., 13s, prime cows XlO 5s to Xl3 I2« fid, ordinary cows X 5 10s to -£lO.

Veaiers;—Runners X 5 9s to X 7 7s, good vealere :X3 Ba’ to X 5, fair veaiers X2 to ,X2 19s, small and inferior sorts 3s to XI ,16s, dairy cows £7 to _£ 17 Ss. ...Pigs.—Choppers £6 to £S 2s, baconers ‘~£i 5s to X 6 15s (equal to Bid per lb), porkers £2 7s to X 3 10s (equal to XOJd per lb). , BURNSIDE MARKET. Press Association. DUNEDIN, May 28. At Burnside 230 fat cattle wore yarded. Including several pens of prime show bullocks, which realised X 26 to .£3l ss. Prime medium sorts w-ere firm at Lie rates. Prime Xl9 to .£23, medium to good Xls to Xl7 10s, lighter £l3 to £l4 10». -■

.Best Cows—Heifera XI3 10s to .£l3, medium to good XU 10s to Xl2 10s, others JE9 10s upwards. ' Fat Sheep—3s69 penned, chiefly medium

of quality. A number of pens of ; eitra y prime show sheep met with keen competition. Prime quality were firmer to the extent of Is fid to 2s fid, while medium and inferior realised late rate-,. Prime

wethers 42s to 495, extra 55s to 67s fid, mediumto goocl .SOs. to .355, best ewes 34s to 395, extra, prime 50a, 3d to 595, medium to good 34s to 275, others 20s upwards. Lambs—l47l penned. Competition was keen, prices showing an increase on late values. Extra prime heavy suitable for show purposes sold to 535. Pigs—Medium yarding of fats, and a small entry of stores cleared at lete rates. „ ' AUCTIONEERS’ REPORTS. Dalgety and Company. Dalgety and Co., Ltd., report having held their fortnightly sale at Levin, when they offered a small yarding of sheep and cattle. . Principal, quotations are ns follow; SI'S. E Hoggefs' 9s •‘tipto 10s 3d, dairy cows to .£l2 10s, fat heifers to -10 2s fid. empty cows .£4 17s to X 555, 2-year steers X 3 15s to X 4. IS-month steers £3 to X 3 15s; veaiers X 3 5s (;o X2 9s, store pigs 35s to 41s fid. - ■ i ■WELLINGTON CUSTOMS. The Customs revenue received at Wellington yesterday totalled X 2614 5s 4d.

Buyers. Sellers. Minins— ■41 S. d. £ s. d. Palisman 0 7 Id — 0 Wailii 2 4 0 2 5 Waihi Junction — 0 13 3 IVaiHi-Paeroa Investment— 1 0 3 » National Bank - Co 0 — 0 Bk. N.Z. (£3 6s 8d) ... 13 19 Bk.‘ N.Z. {£& 13s id) ... — 18 n 0 Union -Bank 53 17 6 — Metropolitan Perm. .. 11 7 6 ' National Mortgage ... 4 13 6 0 Wellington Deposit ... . 0 10 Napier. Gas (w£10 pd.)... — 9 10 0 Wn. Gas (pref.) 0 17 3 0 13 3 Sth." Insurance 7 15 0 8 0 C Standard . Insurance ... 2 13 6 . N.Z. IC-frigerating 2 16 6 2 17 3 Wn. Meat Export (.24) . — 4 5 0 Wn. ..Meat Export {£2 ; l£s Kd) 0 — Auckland Tram . 1 2 3 ifuddart-Parker 2 0 n 2 1 3 U.S.S. Co. (pref.i 1 1 3 — P. and 0 408 0 0 • 0 Westport Coal 1 11 6 1 12 Crown .Brewery — 1,13 0 Golden Bay Cement ... — 0 19 3 Consolidated Dental ... 1 6 0 . .- — I N.Z. Paper Mills — 1 8 0 Seoul lar and Co 1 2 9 . . Ward and Co. .....’ 5 0 0 — Wn. Cordage 1 2 6 — Wilson’s Cement 0 15 6 Wairarapa Farmers’ ... • 6 11 0 Inscribed Stock (1938)... — 97 0 0 U'nr, Bonds (1930; 96 10 0 — « 5-pic~-P.O. Bonds — 93 a