COMMERCIAL.

Auckland Star, Volume XXXVI, Issue 274, 16 November 1905, Page 3

COMMERCIAL.

Aarfc-tawa Star Office, Xorember 18, 1905. Bnsnsess keeps np -well, tiongii it is bow tae- qniet time of tie nwsath. 3few cnxraats and sultanas came to lurnd by ■*■**» Sydney boot and nave arrived this year in good time. Cunaats are being quoted fcran 3Jd to to quaiity. TSre quality of tie sew fnrit is quite np to the -nsnal standard. Seeded raisins have now ad-eauced. to Sja. T&ere 'is no lard of any sort prorareable in Aocklaaid. at present. The Ifctrere, dae with a. shipment of kerossne, -wtich is sold at TA es "W*iaxSprice ex store is 7/3}. The airfral of the Waiwew. dne aboor the 25£ a met, is looked lor, as the market is bare o" several lines. imoEgst the scarce lines this week are lentils, Cobnan's green mnstanl, Hudson's extract. Further shnnnente or fransus went lorwepd. liy tire jiofcota to The kauri gam market ahews Iniprove-m-ent prices beios v*ry firm for all but very poor grades. Tnis is due to tile fact that stocks held locally have been considerably reduced hrtterry. and the bulk oi is now held is swamp jua. Xhe stipplias for October totalled SIS tons, and from mail to mail 4.t6 tons. Dnringr the three "weeks the exports were as follows - .— To America: Sierra, t; tons; Eumttrsi. 78; Raapeirn, IT tons. To Ecrope: Ktmmrj, 109 tons: and Eaapehn. 35 tons. The fln-r market is also Srm, and a little eoatinacTas sunshine woaid b« very wefcoaie to the millers. The timber mariet shows Utzla change. Local JtmQfilng is stai somfrw-aat slack.

Business oq thre Sscsaiige t>q<a skzoven decided im.prove33ieirt tiiis -week. -±n& a. unniber of stocks advrjicea in TOlue. The ni<wt noteworthy rise was In N-Z. insurance, for wiLfch 11"./ is nosr o2ered. anii liS/ asked. The rise is due to the proposed amalgamation with the N-Z. Accideat Insurance Co. Soalh Brtush lasarancti shares eaaeged lianas ie i€S,'s yesterday aftefnoou. and sietres were in request .at 138/ B. bat Uil- lowest seiJer quoted v.-a.- a: 14a.'. Timber aid coal alxares liad si-.e:Kiy inquiry, and National iiongage were occasionally asked, for at SSJ, bar no iiLe 3 rtanlted. In. tiiaber sti-nres. I_OJl.*s h»d steady demand at -43/S, and. K.T.C. p.u. at 14,'& and contributing- at 4/1. Tranrway shares had a steady buyer ac £11, and New Prymouth Gas at 152/8. In sluirea, hewever, most boiaiaeis wi« done. The Waiotahi Campiny paid £.6C*)U m divideeds yesterday. making a tecal of £70,000 on "an aetnal puid-ap capital at £15.000. As the zniae i≤ srii: looking nrst clajas. aM the second befctery vrih soon be a! , work, WaiotaM snares have now rra*eiied the record of 98/, assd iadiearioiti point -to stili tljrfaer ngnre* being- paid, as these shares ari> very firmiy held by many outside the ordinary araing ring, who have bought as an investment, with the ideu ol wartisg- for their return in dividends. As the company has paid v dividend each month of the present year, there h, some warrant for holdfns firmly. ev»a thoash rhe price seems hiffti. Kunscni-Caiedeniaii shaxeo sold freely yesterday afternowi at 2/3, and there appears reason to thinjc th»t tiese shares bitve now torched bottom, yictorms firiaeu ia priw diLrtas the week, aellins up to 2,-9 aad 2/10. This is due to tV feet •-oa-t the drive is now aoproachinsr the Brtnt where tie reef is experts to be met *n£&. SbouW ft be cut and prore to be gold tv?arm-. VlctocUa will gee a sharp rise within the next week or twoMay Qireen shares al=o rose this week ijreqnent: sales made op to 3/9. Tullsniaa Consolidated saj.ro? had a good rise this week. tonckia;r sad seHnsi freeiy at This wns due to a ahffßtv div-idend bring deeiara-;. ajid a larjt reef cut ?«,. is ferei. whicii jsaayed ax the rit? cT £.:>> per coo. S.Z. bavaiso be™ bettnr dßrfag tie 'j rt day or two, and seem now to be ob tie np-srade once more. Wslii stocks wei-» firmer thfe weefc. Bnyers of Grand Joik:tione to 7<VB. and Waihi shares wer?- wanted at 138,'. wbU* Hrtnrfeds «oM at 5,T asmi Sri. Coneolkiateds also cha2~ed hands at 2n. From present appearances tt w<ocH seem as if there is UkeJv to be swag, treatinees frc-in now on to the "entl of the ye»r. as a most ■<ieci«iedly hopefr:! ■ton* pervades the asirtet.

Wool.—Messrs WUhrdse anc rjrerZKjry. hn-vkt'rs. Londoa. repcrt rejriniins the prospects at" idle market as follows:—"With tae opening «f thf bvw season so dose ai head k is satisfactory to be able to report that trade eoD£innes m imnrnve. and that prospects at Tlome and abroad are good. Barely has there bten a time when the interests of trrowers and buyers require that sepp-he" sifouid be brought forward in quantities proportionate to the actual size of thp clip, and that offerings should be so as to prevent any impression of temporary aad fictitioas exeeas of the raw materia.!. At tin.- level of vaines the point of over-buying is soon r»«r-h»u. 3DiJ a crttical situation created toro-uih liaacfial «,-ni-h may >ipprive both prodncec and consumer of the benenxs each siKKiM rm*iv* trnni an industry possessicjr ?.» ta.ra*xrxa o as otrtloofc ais «iivs th? wo<ri tra»i- at Use prewnt time. The sixth and fiix=! -Ties o-C 33-le;: for the current year has been ttsed to eomaieiicp on November 2Sti± wizhunt limit a? to ncantity."

Potaloes- —Th-' market is very bare of American potatoes, and further arrivals by tfr? ineosninjc nxnil steamer are eagerly au-'aited. Meanwhile. !ocally-<rrown ne-rv pota.to«M an? betas sent in, but tie tpnlity has not beec sstislactory. showing evidence of the effects o" the blight, while others have evidently been too soon to try and escape risk of b-etijg trrtackeU b- the disease. A few old Derwents of srotwl qeality have com« to hand latterly, both from thp Sonth and ab?o from Davennort, Tasmania. <:onsideriag tire lateness uf "the season, the Tasmaaian potatoes reached this market in very greod condition, are quoted at £15 per ton. new 18/ to IS/ per cwt, and AmeritJUis to arrive £12 10/ per ton.

Maize.—Arrivals Lais -week totalled 000 The market has scarcely been supplied suiiii-iectiy to meet retjEiremants. conseqnectly last week*3 advance aas been maintained. Seed malae »t decent quality i≤ sail very hard to gst.

Oats. — Prices here have now reached nearly equivalent to rates ruling m the Soetli, B grade being worth Z,~ ex wharf and a# ex store. Stocks are now redneed to sms!i compass, anu. now thai the cheap tines hiTe beea absorbed prices -sriil no (ianbt be inuintaineti here on thf basis o* those rtiJiug in the South. As stocks throughout the eoleny are cow small, it is anticipated that prices will be naaintiiineil until tiie oew oats are on the murfeet. to latest advices from th? South, the harvest down there promises to be later this season, as the crops are backward. What has helped to reduce stocks hure la tht fa.cc that shippers found they cuuid rp-aell at better prices in the Soutn thu.n what wus obtainable in Auckland, and this diverted shipments from this port.

Mil Hug wheat still continues very firm in. price.

Fowl Wheat. —Ooci samples zre hard to obtaic and the price is now 3/7 ex store. The hish ngnre maize has caused increased demand for fowl -wheat.

Bran and Sharps.—Another adirance was madij thus week Lα the price of sharps, £3 5/ beir.;z now the quotation. Sharps are reported in pond demand, but very scarce. Bi-uii is aJso 2rui. bnt the demand is not 30 Strang now that there is plenty of

Onions.—The local market h-iw been pretty ivell cleared of supplies this week to till ortiars fer the Island steamers. Ftstcbc? shipnients are expected by the aex.t mail steamer from San Pranciac-j. At present quotations are nominairy 20/ prr owt.

Chaff.—The local market has been, well anpoiied durins the past week. a. ijral of it coming frosi Blenheim. Prim*.- quaJicy Lj now quoted at £5 10/ ex wbatrf i«oorer iinality £5. in the Auc&ianri uisrrt?v the large area per down in oats tills is shaping very well, and i* the keeps off .», ncHami should not require to is port much chaff next year. A g-ood iJeal ot money has been lost to Auckland tats yes, owing to having to drew nearly all lbs supply o-f chalT from the Sonth, and sscfa '.arse (jaantitie* of potatoes from outside. Added to this local growers lost a prood ie:u ■sr'y in the year by not having the nartal quantity cf new potatoes co send Sontli. Unfortunately, there seems little chance cf much export of potatoes this year, but if the oats do "well, at all events, there will be a great savins tv> the district in not having to pert chaff. Better and Egss. — Butter remains unctemjred in price this week, bat eg£S decKneii a penny per dozen owins co the "WeiUngton marfret being- glutted, which left no α-stlet for Auckland's snrpine.

I I Finn and Dairy Prodnee-—Matter, ffaetory, lid; farmers' separator or [dairy better. 8d Q>; fresh eggs, Sd per cSoatea, -wholesale; cheese, fanners', 3d to ISW lb; factory, medhtm, 6d, loaf 6id. ■ Floor Market.—Floor, local, vrholerale, £9 15/ (Less dleconn±>; wheatmeaL £3 li/; fans, leoib. £4; mlMrpa, 200Ih gacks. £5 5/, wtiMil, £11 per ten. 25*.

AUCKLAND PKODUCE 3£AHXET.

Grain. — Oets, B «r*d*. 2/S, ex sere: -wbe*t. a-T. ex stor«. sacks tacladftd; Beottoetß mfflias -wiieat, sacks extra: maiae. 4/. for wlinicate liae OD the whmrf. Potatoes- — Old Canterbury, £15 per ton, ex stow, new local, IS/ ta 18/ percwt; American, to arrive. £1210/. Chaff—Sontherc, £5 IA/, ex store. Ooioxcs—2o/ cwt.

I TTTTITiS. SKTSS. ETC. """""""■*"

I: I MBS3SS S. W. BEJKET ASI> «C«S J ' EEPOET. ■ On Tnes(iaj- -we cleared a ?ood paratogae raf Indes, taQow, etc. 'Hides advanced, espedaiiy cow. We (jccrce: Prime ox. to Ssd; sto«t. 7d to 7|d; scout. 6a«l to amßmn. 3,J<3 to to 3Sd; co-w. pitted, dry a*lted. Tip to 6*d; best lines, -wet saltecL 3-W to sid: soot **>! to -lid; seconds. 4iC to 4i4; Mps, -Sd to sd; eatf, wefl Sayed. 6d Ito 6Jd; cut. 4d to 4Jd; stags. 3d to SSd; ' dsm&!?ed hides. 3d to 4d. Sbeepeiins: Erjtc!s«?rs* !arar» green aad salted, 7/S to 9/; inedinnu 6/6 to 7/; snsali, 4/S to 5/. Tambs abearOngs, 2/ to 2/4:; country, dry. sood. o/6 to &<6; msdioiii, 4/ to 4/4; snan. to 2/S. Tallow: M«rfeet brisk. Best mixed up ta 24/: meditrm, 21/ to 22/; Bacands. IS/ to 13/ per ewt. Kongh fit, ISd per Ib. Hair: Cry wtails, 1/8 per doaerri iorse taE. 1/S t» 1/4; rnoae, 9d to Md prr Ib.

■ FROZEN MEAT PIUCaS.

(By Telegraph.—Press AaeoeittiaaO 3fAKEB, t3Us day. Tile C.C and D. Company lias receives the toUowins eatrte Irom London:— ~THe frozen meat marfcet is stronger, and these is a rise of one-eighth <vf a penny in mutton .and a faxtlunar per Ib In lamb. Quotations are as ioltow:—Csntertrary nrattoa. 32d; Napier, WeDington, and other Worth Island. 35J. Lmb r first and seeoed 44d. Beef, binds 33d, fores 2gd-

j LCVKDON CABIiR

CKeeeJved 5.55 a.m. LOKDOK, November 13. ea spot, £T5; at three mentfcs, ' At the taiiow ac-ctiens 768 easis wesce j offered, and 3S soid. Frices were =2I changed.