COMMERCE AND MINING

New Zealand Times, Volume XLIV, Issue 10295, 2 June 1919, Page 10

COMMERCE AND MINING

WELLINGTON STOCK -..v ; - SATCKDAV’S QUOTATIONS.

•" ' QUOTATIONS ELSEWHERE. - Press “ ■■ •■'"'n. DUNEDIN, May 31. Sales on ’Change:— . , Rise, and Slime, Ha. . ® .'Dominion Rubber, 325. ' COMPA-nY dividends. Australian and N.2. Cable Association. LONDON, May 13. Tno Caledonian Australian Mortgage Company lias declared an interim dividend of '6d per .share, less income tax. , The Brisbane Electric Tram Company's year's dividend is declared at 8 per cent, free of income tax. To reserve there is carried 4120,000, and there is carried forward 2£28i202. THE WOOL MARKETS ESTIMATES OF AUSTRALASIAN PRODUCE. Australian and N.Z. Cable Association. CReceived May 31, 5.5 p.m.) • . , LONDON,- May 19. ' At the wool sales super merinos and fine crossbreds were excedingly firm. Carbonising wools were irregular. The following, clips.-were sold;— ‘Coolhi” top price 24d, average- 20Jd; “Kulnine,” top price 5-ld, average 52Jd; Munduncy, 18id: Moorava, 50d. , At Bradford there has been .a strong Inquiry for merinos, finer crossbredsihaye «old -at the fullest rates, and others-ai.e unchanged. - A revised estimate of Australian and New Zealand wool available for shipment at the end of March shows.: —Australian, 1,365,3-16 bales; New Zealand, 673,590 bales; unappraiaed, 375,000 bales. It is estimated there will be shipments of 225,000 bales monthly from April to September, leaving 927,813 bales of Australasian.; wool; available for shipment on September 30th. -

COMPANY TO EXPLOIT NEW

ENGINE,

(Received May 31, 5.5 p.m.) LONDON, May 19,

A companv is being formed with a capital of .£300,000 to purchase the Werry engine." Mr Werry,- the inventor, who is a Victorian, has resrved the Australian Yights'for a local company. • •

FRUIT AND PRODUCE

WELLINGTON MARKETS

Tlie few varieties of New' Zealand fruits which are now in evidence have been added to lately by the arrival of a. small ..shipment of Mow South Wales citrous fruits, and towards the close of last week by, a fairly large quantity of Co6k Island oranges and bananas.' A good inquiry is existing all round, but so far all the Island fruits have not been placed under the hammer, a good proportion of the shipment going - into store to-day. Dessert pears of' favourite varieties have ■ been ‘keenly eought after and prices have advanced to a considerable extent. Dessert apples, are maintaining a good outlet. ; Tomatoes "have shown a further slight increase in price, and rates should, if anything, further advance. Apples, choice dessert 10s to 11s case, prime 8s fid to 9s, small 7s to 8s; cookers, choice largo 7s to 7s fid case, prime ■ 5s- to 6s; unpopular varieties 4s to 4s Cd; -.pears,, choice favourite dessert 14s to 15s case, .choice ordinary 11s to 12s, prime Bs to 9s; stewing, choice 6s 6d to 7s, prime -os to 5s €d; quinces, choice 7s to 7s ed case, prime 5s fid to fis fid; passions,' choice 8s to 9s half-caso, prime (la fid to 7s; • tomatoes, choice 8s to 9s, prime Gs to 7s, inferior 2s fid to 3s fid naif-case. POTATOES AND ONIONS. Values ror potatoes fn the South Island have been fairly steady just recently. Owing, however, to a big quantity having to be shipped straight away, supplies offering have been somewhat heavy. Some advices from Australia point to the fact that shipments in that direction, can only be made at values much lower than was anticipated bj' 'merchants some time ago. Consequently, now that the embargo has been "tentatively lifted, the position is tather an anomalous one. as to bring about export much lower values will fl have to rule to induce merchants in Australia to operate. Last week an advance in values was reported from the south; consequent on the exportation restriction being lifted. A good demand is resulting for onions, supplies of which are not offering freely, and the market is firm. Pickling onions are in good demand. Potatoes, prime, A!9 to XO lOs per ton: onions, £ll to Jill 10s per ton; picklers, lid to 2d per lb. OTHER VEGETABLES. Supplies of vegetables are coming to hand quite insufficient for the requirements of the market, and as a result excellent values are ruling af the local auctions. Cauliflowers; choice 15s to 17s sack, prime 11s to 13s, good 8s to 10s; cabbages, choice 10s fid to 12s fid sack, prime 7s to 9s; turnips, 2s Cd to 3s sack; parsnips, choice 10s to 11s sack, prime as to 7s; carrots, choice 5s .fid'.to ,£s fid sack, prime 3s to 4s; beetroot, choice red 7s fid to 8s Cd sack, prime fis fid to 6s; swedes, 5a to 7s sa?k; marrows, choiee 8s to 9s sack, prime Cs“ to 7s; celery. 8s to 9s case: french beaus, nrime TOs to 11s half-sack, others fis to Bs. T.C,( IS. Insufficient quantities are coming to hand for local consumption and extreme

Buyers. . SHe 4: d. d. X Q. il. Minin?-— Talisman 0 7 11 0 8 i VViii hi 2 4 6 2 «0 U Junction 0 13 0 - Waihi-Paeroa — 0 3, ft Investment— National Jik ft 6 0 Hk. N.Z. Cs SJ) ... 13 18 0 n 0 0 Bk. N.Z. (T:i 13s 4di ... — 18 17 c Muion J3I». (ukl; 57 o 0 oi> 1) 0 fSciuitublo .. ft ft b — • lUetropolitati Perm. ... 11 i <; — Wgtn. Invest. 0 10 6 — I'riisvt nml l.rmii o i; l> — W?tn. Deposit 0 8 n — Click Gas G 12 0 — Luis (vt*ID> 9 1ft ft W;rtn G.G — ii !7 ft Wglfa'.' Gas (pref.) ...... 0 17 3 0 18 8 National Insiir 2 It ft —r 8th. British insnr. ... 7 la 0 8 D 0 fcftnndrml Insurance ... 2 13 ft — N.Z. Ir.L-frivcrKtiii!; .... 2 16 6 17 G Wjln. Aleut Pxport CS2 13s Cd) 2 14 0 — Auckland Trams (ord.) — 1 2 0 Htuldart Parker 2 1 9 2 3 0 Northern Steam 0 15 0 — UJS.B. Co ’i 1 4 — Wgti/..* Woollen 7 13 ft — Kainpoi AVooilen 7 13 0 Wgtn. AA oollen (pref.) ■t 17 0 ‘ Westport Coal — fl 10 9 Waipa <'oal — 0 15 6 Levland-O’Brien i 7 3 1 ■ 8 0 Golden Bay Cement ... — 0 19 .3 ilanninjt and Co 3 0 0 — Hl.Z. Drug 2 13 6 — N.Z. Paper — 1 4 Bharland and Co. (ord.) i 10 6 1 11 6 n 10 9 Sharlnnd and Co. (pref) i 10 6 — Ward and Co 4 17 6 — Wilson's Cement 0 16 6 — War Bonds (1920) 96 10 0 97 0♦£x diy.. fCum. div. ISale on 'Change.