COMMERCIAL.

Auckland Star, Volume XXXV, Issue 36, 11 February 1904, Page 3

COMMERCIAL.

••Auckland *i.ir" Office, Thu-sdiiy. February 11, 1904. r f<tir v ,lv "•• f'f :>;isiuej!d is report--Vγ le week Tue Sia: ot New Zealand ed for „«.„,■ JiWharsri-.iy ii<-r inward cargo * at P The scu-ouer Med,»ra has | landers to k- P Vt . ; . ,:. 1 ,., S -,„ rfp , irl S *°S2st wVll u.Tli:: ■ have Llif "ffeC of situ.ai..: i< u-a:.-. :u.<i ho>timies Mtes -'.own -■«•■ --"■ •'■ ' t.ias anil «• gSnew. has h«r.l-! S -. :-- --'■- ! 5 K especteU. a> J-■ ■-■-.";■- , , 1 -' :,.; * j Koauired in Corej ..... if uQ mi iTlhe war i, l!!~llZVJ\ "n* '"tV auu'cipati.in of early hostiii •n. b-in- easior. N -. th.ir war has acKngton, it i ■' ra-.-~ <-■■ s i ■■ x K'B^^^-^r^r^d. s^ r., ; . ■.-—, :,i- - :■>" Jrh.d-fra!«. imiulr ■', hovin- --■ I' fro™ -''ver.il parts of the r*■Jμ -5-a-"--- Europe ji-.-. has been buyZ» liberally, espe-iaily prunes, and all ™i t " ,o .1 gooJ steady m.irker London SSres hv tie mall jn- state:— Seam of ramr Is arm. and has advanced $™£ ,wi Cloves luv- advanced lid p^r <.-rr-i.-< T-- ,-..-.;r..]lei , . by speculators. mon'ander il:ii- -t Janua T 14ih that rhf inrVal reUu.-ti-n in for steel and hnn has led some suppli-rs ot manufactured S- ro revise their discount sheets, which lOL mean a reduction -a pru-«. on many w= and will QO doulu uave tue effect of i-T/aer-ring o:he:-s ia rue same direction. A Action "in the price of lowa barbed wire p?r ton has taken Tvr f .< Biows a sharp from 3.-J to -j . mi imp "lluu. t!i- price bPing firm at -kL litter rate, wirti no prospect of any faction until tb- enJ i»I March or April St. Eosin also show< :. c-onsideratde adfor tlie sr.ides and a srarciry of the paler rosins. Broun .om U.is also suviiiced aboar 1--..1.-.1. per ton. and brooms ; about iS ceat> i"-~ JozeQ. Extracts fi"ni Smvrua leuor rer-e-ivefl vsterdav tb" 1 cumiiia i":'u[> >>f suiunas state: "Dealers „■>- .Uw:iy< hyldius «i" for ; fall prices. auJ rely • ■-; j iie<-id«l injprovemeet in the de;;n'., "i ;:-xi it'ai-i month to aitraae* vaiu-- stil: fiirtiiei-. Ii is difficult \ to say liovr tliiii'i- will s". hir it is certain thit the next .-«-.■:■ i- far irom likely to tave a producti'Ui anysb'T' , ;jear a> lars" as tie pKieu: .oe &a-l th.■:->■;'• •r-- it will bf> , diirls? the mout.li . f Nt:i:-:i lhat we must •ook io sharp fluctuation-; in values. Wfa \ taer so far keeps nw<i unfavourable-, uot only for vinfi. l.'at for «'.; ajriculturp. 2iia continues t> fall, aud w- have daring tie past three mouths r*?curded rain up to 16 iscis.- as against an for asttnon of about Iμ int?hes. The absence of ; coid weather i< furoinz u;> all growths, and if snow com-- »v »ail of nt*xt month con- I Ei&iab!e must r--u!r. Preseutly tie reports al"<ut tie vijr-s are not : banners complain iha: the heavy prodac- f -oa last snmmer has exhausted the phints i2i eacsal large percentages of tie Dn-a-jtei to wither." ( Taj qssstioa at present to be considered . S acw far the war in the East : Jin affect th. martptj in XeTr Z~£.j>-i st:pposirigr that no other ■ rations become involved. Thp first ". «ign &sre is the nrrninz of the market for wheat. Russia is a large grain ! «":rting country iv times of pea.-c being i bict sword only ro th<> United ?rate< A-Msy the export ol srain from Ode=sa «33 Ken prohibited which may r-siilt in i Eadraace in thp price of wheat, and oats ' B Undon ana make export from N*w Ze a - prr.grable. a< far buck a=; December 38a. liHsr? Berry. Barclay and Co rePCted: "Ther.- has been decidedly more !n trade during the past < "■•-■?-'■■ war cloud in the East has ! s : "^~ e "Bears. ■■ and trough; m-r.-hants *_-_a —lers. who a short time ago were ---rrrut. ti the- .-inclusion that it is uot «Sj to be without sto.-ki in c-ase of a outbreak ...f hostilities. This has ai:o a good speculative demand at a r ; st Q -iuries of :;d to tkl per quarter, and : A - st -i;-an cargoes, in <_.f their mc qaality and l.»w havo attra<-ted , — cs: attention. Bad weather and v ' efaos dock strike in the Argentine are 2"i :S? a tem P«Ji"ary stoppage of siippli-s ™ thit quart-.-.- Fortunately in the max jpieadiu harvest weather has b.->en so that New Zealand will . taTe esceilent grain this seasoc. but of toarse any large -sport to England liieans »» advance in price here and a con- ] ■qnsnee aa enhanced cu>t of living for • «c workers. _; o dry Las U-<?u the- w-ather • ntttrly in Oiago that ii is stated to t.e Ka Trirs since there ha- beeu such a nnBffinmer oihrr Un*=-s LLkrly to Ijr aff-ot-d p? tlifi trar are tallow, oats, aud butter, as ?■ certain that thrre will L.c no further uf S:'cj-riau butter on Li.i.d'.'U now that ordinary i:-atS' over tae railway ti-ere is stopped. It is also posaie that it- war wil: di<orgar.;<e th«? lS ?{"> of from Ru>»ia, and may nsutt la America getting lhe European "Me. which would i.f course an ad«a« ia price. Naturally such au article 55 tice. must hard-n cousicerably ia price, « wefl as all Japanese goods. jV~-ssoellent demand is reported for tim- «- Wγ eipurt t« London. Si-verai large Kfers were place-i this week, and lv »mc cases others had to be refused be--15= tne miUer= were air-ady fuu. The waacd is s aid to b« due l> the fa.-t that »wrtaia Umber has adrancr-i cousiderabl'y a London. f,. r n- Li ,, b ka ,, n N vow beins las a scjsiituit.. a ■• .u<iderable -hip"ait of Aintrk-uu titul*:- has arrived here }<-- ase in joinery work, whi-.b certainly ™b like bringi-ig t . ua i, to Newcastle. The «nn g um markel ls s;lJ: lv ~ state of aUapse, with .-onsequeutl, litUe business _ JUi =-. A fair ijuantity uf flax is being -«X in. but Ln <ome case< the qualirv is to be poor On the Eschaneo few ij-ar.sac-tions were ported this w... k. At ..he same time. ™5 eT », several standard' lines tiim.-d in Pice, notably I'.aiiU i.f New Zeulaud shares. Pr,\ cil i 4 ;< now offered and South f'i. tls , h l»suran,-... wbioh iun- touched a tain'rf t ' UIV - uther Hues uiaiu-«u-a previous values. Miuing shares were UOost entirely neglected, and iv several in"" prK "-' s decliutU without sales result\Yaeat .-TUo market is mu.-h firmer. owthe war. l'miluc-rs ar, L,.|.ji:ig ba-k on nv,,, pes of bi-ttei prices ruliLy later ""■ whilt millers are relm.-iai.t to advance ■*■ buying rat , at th- presput luu.-iure. J? DPi, '- -■op will Ur largely ia excess tt. „ ™'"'--y» re.iuirt-ui.Mii". "and unless P r »llij; cannot be maintained. SSu. wst wathi-r iv the s..uih is a Pfobabk S( .. arcity ~f fl , w| wh ,. al] Alrt , udy u f,P-i((? hps tirm ,1 ~ |,i consequence. Jμ shows no L-uauge Iv trice at preAir,? » little demand is *«.V ,; sacks came WV,? 1 lU ' W««»tuW is sUll bar tioaaliy h«™ m i" neu, " b - market is Dicer> - maize, all lines having

: been cleared at 2.-.". ex wharf. uar=. — Tlie market in the South is reported steady fur oats. Prime short feed are worth 2/ on the wharf here. New oats are net offering as freely as was expected from Christcaureh, us growers are uot so anxious to sell as they were a fortnight ago. Probably tln-y hope for a demand .similar to that which arose during the ' j South African war. Locally, stocks at pro- i I sent lire about equal to requirements. Chair. — The local market is exceptionally ! t>an> just now. and ris a result the price i has Hiirani-ud "../ per ton. t-x wharf. New 1 chaff will uot l>e on this market from the! South for another fortnight. A good deal of speculation in forward Lmying is going on at present prices. A fair quantity of local chjff is b.-iuj sent In, and good qual- | ity i-i-.ilis-s Jl4 Unfortunately it big pro- ' portion is of pi mi- quality. I'utatoes. — The glut on the market lias! almost worked off the market: not lieiiis i overstocked at present. iSTill prices remain I ai £2 10/ per ton. Some of the growers are pitting their potatoes in. iv hopes of i better prices later on. Ijut there is little hope of an advance, as southern, kidneys wiil be on i he market in six weeks, ami Uobarts a fortnight afterwards. | J Onions are now coming iv freely, and sell I I from i_-j to £5 10/ per tou. Giass Seeds. — Orders now coming I jin freeiy. as considerable areas of felled j j l;u*h have been successfully burned round I Wuiugaro, <Jle:i Murray, and Te Kui.'.i. j Cocksfoot rules very Him at 103 p»r bush-, el. Later reports from Hawke's Bay and Poverty Cay regarding rye grass show that the rrop has turned out lighter than was anticipated, the result being that the seed is selling off the machines as quickly as it is cleaned. Under such circumstances, It is probable present prices will be maintained till the season is over. South Island rye grass, however, shews a droy of 4d per bushel. Clovers, rule about the same as last year. Meadow foxtail is now unprocurable from first hands, and the price is as high as 1/10 per lb. Dogstail is offerins in fair quantities Manures. — Australian bonedust has advanced ajrain. the laid down cost here beon a basis of £7 5/ per tou. The Fczilka is due to-day from Calcutta with shipments of prime bonedust, which is offered at £0 lU./, ci wharf. Butter and eggs are unaltered in price. KAURI GO MARKET. '"'Auckland Star" Office, Wednesday, 10th Feb.. 1904. Business continues dull in kauri gum. the dissatisfactory reports of recent auction sales in London having checked buying. At present, concessions have to be made to effect sales. Quotations at Auckland are:— East Coast £I>s upwards Superior ordinary £100 Fair ordinary £65 to £SQ Poor ordinary £50 to £60 G. \V. P.INNEY AND SUNS' REPORT. On Tuesday hid"s. sheepskins, tallow. t-Lc sold freely, and we cleared a large catalogue. Hides firm, with upward tendency. Fjxrtru stout ox runjjed from 7tl to Tid: stout *nl to U;d: medium. sjd to ssd; light. 4jd to •~>d: dry cow. sd: best lines. 4}d to 4jd; good. 4td: kip. 4d to 4iri: good calf. Cid to sid: stags'. 2jd to aid: damaged hides, 2d to uid per lb. I'elts: Local gwn and salted from 1/9 to -/I: country. 1 % to 2/: lambs', fro-iu 1/6 to - 1: dry pelts. 6d tn l/;i ea<h. Tallow: Oij,->d onliuary. 20/ x<> 20/ C: seoonds. IS/ tv is/6: lnfcrit»r. 10/ tv 14/ per i-Ht: cowtails. 1/3 per dozen. Horsehair: Tail. 1/2 to \r2\ per lb. Bones. ±;r> per ton. Wool sold under brisk bidding: crossbred, t.rt to Ul-d: coarse. sid io Zi<l: cotteU. 4id to >'d: pieces. 3Jd to 4-Jd; locks, to 3d: •laggy, Id to lid per lb. AUCKLAND PRODUCE MAEKHI'S. Farm and Dairy Produce.—Butter: Sew Zealand Dairy Association, lid lb; factory, 10d to lid lb: farmers' separator or dairy butter. 6d; second quality, sd; fresh e?gs, 1/ per dozen, wholesale; cheese, farmers' 3}d to 4id !b; factory, large. 6d - medium Sid; loaf ejd. Flour Market — Flour, local, wholesale, £11 5/; wheatmeal, £11 5/; bran, 160it\ £o . 1001b, £3 10/; sharps. 20001b sacks. £4 15/; oatmeal, £12 5/ per ton, 25's. Grain.—Oats, B grade, 2/1, ex store, 2/ ex wharf; Danish oats. 1/10. c.i.f.; fowl wheat. 3/4. ex store, sacks in eluded: Southern mililns wheat. 8/9, c.i.f., sacks extra; maize, 2/5, wholesale licfs on wharf. Potatoes—New potatoes, £■_ 10 per ton. Chaff—Southern. £4 15/. ex wharf: best local, £4. pi rail. Onions—Local, £6 10/. LONDON QABLE. (By Cable.—Press Association. —Copyright.) (Received 9.32 a.m.) LONDON. February 10. The total wheat and flour afloat for the United Kingdom is 12.£7>0,0<X) quarters, and for the Continent 975.000 quarters: Atlantic shipments. 93,000 quarters: Pacific 15.----ouo quarters. A shipment of 15.000 New South Wales, and 12.">OO South Australian February shipments, sold at 29/9. Consols. Stii. Bank Shares: Australasia. £&5: t-'nion. £44 10/. Tin: Spot, 1245; three months. 125}. Lead. II 9-16. At the tallow auctions 458 casks were offered and 277 soid. Fine. 2S/6; medium. 26/.