COMMERCE AND MINING

New Zealand Times, Volume XLVI, Issue 10609, 7 June 1920, Page 10

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE.

STOCK EXCHANGE QUOTATIONS. PES PRESS ASSOCIATION. DUNEDIN, Juno 5. Sales on 'Change;—Huddart- Parker, ids (id and 52s 3d; Westport Ooal. 31s 9d. WAIHI JUNCTION SHAKES. Australian and N.Z. Cable Association. (Deceived June 6, 5.5 p.m.) LONDON, June 4. Quotations:—Waihi Junction, buyers IPs Sd. sellers 11s. LONDON-PRODUCE MARKET. LONDON, June 3. Tbe wheat market is quiet, with small allocations of wheat on passage and on is in good demand, but .ittls has been allocated. Sugar is unchanged. Oats are dull. La Platan, on spot, 59a. Beaus are quiet, but steady; and peas ere tending to be easier. • OTHER COMMODITIES.

Australian and N.Z. Cable_ Association. (Received June 6, 11.5 p.xu.) V LONDOhJ, June 5. Cotton.— Liverpool quotations: American middling upland, July delivery* 25.44 d, , . l. Rubber.—Fine hard para, 3oid; Plantation. first latex crepe, ‘-Mid; smoked libbed sheet, 2ii<J . , . Hemp.— Neglected: prices unehangeo. Jute.—June-July shipment, A 57. . Copra.—Market weak; prices nominally unchanged. Linseed oil.—API. Turpentine.—l7os per hundredweight. LONDON WOOL SALES. Australian and N.Z. Association. (Received June G, 5.5 P*m-) LONDON. June o. At the wool sales there was a good ■election of greasy and scored merinos. Prices fairly firm and the crossbreds were unchanged. The cheerful tone was maintained. Messrs Murray. Roberts and Co., Ltd., have received the following cablegram from their London agents, Messrs Sanderson, Murray and Co., under .“ate May 31st: —“Crossbred fine decline 10 to 15 ner cent; crossbred medium, decline Ti per cent.; crossbred coarse, PPor selection offered; not sufficient to test the market." . TALL DUB TO FINANCE. The Farmers’ Co-operative Wholesale Federation {Now Zealand), Ltd., advise; “London office cable, dated J une 4th, states wool decline chiefly doe to finance. Oats, Gartons, in the absence of offers cannot quote; with firm offer of .parcels think we could sell well. Maple peas, with firm offer, could probably sell AG 12a 6d c.i.f." ZINC CORPORATIONS PROFITS. Australian anl N.Z. Cable Association. (Received June 6, 5.5 p.m.) LONDON, Juno 5. The Zinc Corporation does not pay a participating dividend on the profit of A 77,377, owing to the suspension of operations. Of the sum A3L545 has been appropriated for development and AIO,OOO appropriated for new plant, out of the 1913 accounts, which remained unexpended. 'These make the total available ■£119,950. The directors appropriated A 28.000 for development and new plant during 1920. Preferential dividends absorbed A 49.138, and the balance, A 42.811, has been carried forward. STOCK SALES. N.Z. Loan and Mercantile Agency, Co., Ltd.. Dannevirke. report the following sales for the past week: At Woodville, on Monday, May 31st, we had a moderate entry "of both sheep and cattle. Cattle were very hard to quit, but wc cleared our yarding of sheep. At Dannevirke, on Friday, June 4th, the attendance of the public was smaller than usual, and prices all-round, especially for cattle, showed a decline. Wo quote:—Lam.bs (good) 20s. smaller sorts 13a lid to 12s sd. store cows A 3 10s to A 3 12s, weaners 2Cs. - At Whenuahou, or. Wednesday, Juno 2nd, we held a successful clearing sale on account of Mr L- Senior. Owing no doubt to the shortage of feed in the neighbourhood no local farmers attended. Despite the small attendance a satisfactory clearance was effected, the- herd of Si cows averaging All 6s Cd, individual prices being as under:—A34 7s fid. A 23 2s Cd, A2I 10s. A2O ss. Alb, ATC 10s, Al 5 15s, Al 5 2s Gel, Al 5 2s Cd, Al 5, All 15s, All 10, (2), AM ss, AM (3), Al 3 15a, AI3 10s, Al 3 os. AX3 (3), Al2 10, Al2 (3), All 15s (2., All 10s, All 2s Gd. All, AlO, ff) 12s Gd. WHOLESALE PKODUCE PRICES. Laerv and Co., Ltd.. Allen street, report wholesale prices as follow:—Oats, seed Algerians. Gs 8d per bushel; oats, A grade Gartons. Cs 9d per bushel, B grade Gartons Gs 8d per bushel; chaff, oaten sheaf, good bright, AI3 12s Gd ton, sacks in, Al2 12s Gd sacks returned free on trucks or f.o.b. Wellington; farro food. All 15s per ton; flour, in sacks, Al 95 s per ton; oatmeal, 25’s, A3G to A 39 per ton; hay clover, AlO 10s per ton; lucerne. All 10s per ton; potatoes, table (Canterbury), A 8 15s per ion. Backs included; onions, Canterbury, choice 13s per cwt; fowls, hens Gs to 7s pait. choice young roosters 7s to lls pair; ducks. Runners, 9s to 0s Cd pair, white ducks 10s Gd to 13s pair: geese, 13“ pair; turkeys. Is Gd to Is 7d per lb, dead weight; butter, farmer*' separator, milled or doiry, in bulk Is 5d to Is 5Jd per lb; eggs, fresh crates 3h Cd to 3s art d«z.. preserved 2s 8d per dozen: dressed rmrk. choice 70'« to 90’s per lb; oyster shell grit, A 7 15s; mangolds, 42s Cd per ton.

Buyers. SellersX a. d. £ d. -iiiiinnsr— 0 7 0 — 0 d 0 13 0 War Loans— Inscribed Stock (i93S) 9t> 1 6 — inscribe*! Stock. U939) 96 i 0 5 p.c. P.O. Bond* and OS 0 0 National Bank — 6 io 9 Bk. X.Z. rold issue.) ... 23 11) 0 24 — BK. inew issue; .. .2d IS 0 6 Abraham and \V iLIiams o 11 0 — 0 Loldsbiough Alort — ■ 2 11 .ueliopoi-uau Beliu. ... — 0 X.Z. iiiver Plate — ti 1 3 Wn Trust and Loan c < — Wgtn. Deposit 0 5) a — Wellington Gas 10 Wellington. Gas (pref.) 16 —- Sth. Brit. Insurance 8 13 0 V 15 0 standard Insurance ... — 6 a 5 X.Z. Hefngerating ... 1 5 1 6 Vvn- Ineat Bxport (-£o) — t> 1U Wn. Pleat Bxpt. l-t3 12s ed) — ■i if Uuddart-Parker U.ti.S. Co. (pref.) 2 13 6 —' ,..i 0 d 500 — 1 0 — liikuraagi Goal — 1 Westport Coal ' — 1 Waipa Coal* — 0 u Levluud O'Jrfrion - w 1 12 C. PI. Banks (pref.) ... — 0 N.Z. Paper PUlls i M 1 15 d Varenga Oils — 12 Barcuga. Oils {os) — 6 9 SJutrland and Go 1 9 — W.P.C.A (> 5 — Ward and Oo .<&. — 1 4 Wellington Cordage ... i i 6 — 0 16