COMMERCIAL.

Auckland Star, Volume XLI, Issue 171, 21 July 1910, Page 7

COMMERCIAL.

Auckland Star Office, Thursday July 21_t, 1910. Trade generally continues steady. An increase, however, is* expected in the volume of orders, which are held pending the usual 25th. of the month booking. Quotations for new season's pack of salmon have come to hand, showing a substantial advance on the opening figures of last season, due to the pack being a veryshort one. Apples, Evaporated.—Demand continues to Improve; quotations rem—in steady. Apricots, Evaporated.—Quotations for spot stocks are very firm, whilst for new season's a further very considerable advance is a_yisecl. Currants.--Prices continue to harden. Canned Fruits.—Quotations are now ruling higher. Cream of Tartar. —Market remains steady at last rates. Clothes Pegs.—Quotations have 'hardened since our last report. Cloves are firmer. Cornsacks.—Market remains unchanged. Castor Oil.—No change since last report. Cod. Liver Oil. —The market continues to rule firm. Dates.—Bulk and Cartons are meeting with a good demand. Forward market uneh—nged. Desiccated Cocoanut.—No alteration to report. Ginger.—A further advance in price is reported. Haricot Beans. —Market continues unchanged. Satisfactory business is reported at last rates. Linseed Oil.—High rates still ruling. ~ Prunes.—The forward market shows a considerable firmness. Raisins, Seeded.—The market shows no change since last report. Uiec.—Quotations remain steady at last rates. Sulphur.—Latest advices report a firmer market, with tendency upwards. Tapiocas.—Heavy booking has taken place at last rates; higher "figures are e-pected. rurpentine.—The local market is firmer. . lingua —Very small lots are now com,J?. rwarii ' W the price offered for dry parcels. I Business has been brisk on the Stock during the past week. Harbour -oai-tl 44 per cents were wanted at 100/, but no sales resulted. Union Oil shares sold, J??- - r< H. s , tUl ln r e<l«est at 26/. Cement shares had steady buyers, Wilson's ordinary selling up to 41 while New Zealands sold from 3S/C to 40/, there being still buyers at the late call yesterday. Wiseman, _<ta., shares have also been wanted, and ordinary issue sold up to 15/. Buyers of Hank of New Zealand shares offered up to £10 13/0, hut no Sales resulted. National Banks weTe also wanted at £6 1/6. Insurance stocks all finned in price. New Zealands. after selling at SO/, were wanted yesterday afternoon at an advance'of 1/ South British changed hands at 05/6, and •Standards are wanted' at 24/6. New Zealand and River Plate shares sold at 42/6 and are still In request at 41/. Coal sirares had good demand all round. Several lines ■of Taupiris changed hands at 20/9; while 20/G was offered for Hikurnngis. 11/3 for ?>ortherns, and 133/G for Westports. There was also a strong demanu for gas shares. Auckand. £1 issne. sold at 69/6, while s°/ was offered for the new issue. Gisborne Was are in demand at 57/. Inquiry was also made for Wellington Gas at £19 aud Napier. £\o pa ld up, at £24 10/. New Zeal SS ■ _* ni PP in S shares had regular buyers at £.t It /6.

I' ree transactions took place in Wafht (-rand Junction shares during the week, at prices which reached 44/. Then a record return of £11,121 was announced yesterday, after which the price was promptly knocked back to 42/. The fact that 60ft -width of ore is exposed in the Royal lode should augur weil for the future ore reserves of this company. Tlie Komata Reefs mine bad a better return this month, SOO tons yielding £IGIO. but this only left a profit of £S;>, after expenses on development, treatment, and capital account were deducted. Wafht shares sold up to 165/, after which the price dropped to 162/6, with later sales at 163/- Waihi Reefs Consolidated shares sold at 6/3 to 6/: and New Sylvias, after reaching 4/8, dropped back to 4/3. Old Hauraki shares steadily advanced until •>/3 was reached, after which they declined to 4/10. Talisman Consolidated shares remain steady, with sales from 53/6 to 54/3; •while New Zealand Crowns advanced to 4/6. Mountain King shares still are offered at Hid, in spite of a return of £653 from 128 tons of ore. Southern raining shares also had considerable attention this week, Blackwaters selling at 35/6, Consolidateds at 22/6 to 23/. while Ross GoldfiedS. after running up to 1-1/3. dropped back to 10/ S. and then changed hands up to 11/. Thames lines are still neglected, but as soon as a contract is let for the thousand-foot tunnel, no doubt these stocks will receive more attention.

Potatoes.—The Navua brought 1000 sacks of potatoes from the South on Monday, which, following the arrivals by the Wanaka kept this market fully supplied. Values are still maintained, the market being firm at £7 10/. The Southern markets are reportedfirm, but the restriction of business, owing •lo the heavy supplies held in the North, Is having a weakening tendency, as there is no demand from outside for potatoes at present. As a matter of fact, there has been no demand for N.Z. potatoes for export for five or six years, owing to the outbreak of the blight. At present prices for potatoes in Australia arc too high to permit of export from this Dominion.

Seed Potatoes.—A good demand exists for seed potatoes, although the wet weather retarded farmers' operations somewhat. Up-to-Date seed are worth £8 per ton, Northern Stars are scarce at £10 per ton, and Early Rase and White Hebron are meeting with slight inquiry at £9 per ton. Seed Oats.—The wet weather is, no doubt, responsible for a falling away in the demand for Algerian seed oats, but in August It is understood that a considerable area will be sown in the Auckland district.

Seed Wheat. —White straw Tuscan is meeting with a little inquiry just now, but comparatively little land is pnt under wheat in the Auckland district.

Milling wheat ,is much firmer, in sympathy with the London market. The future of this market depends upon the crop prospects In Canada and Europe. Fowl wheat Is meeting with good demand and the price has Armed a penny since last report.

Bran and sharps are both meeting with steady sale at late rates.

Mangolds and Carrots.—A fair inquiry has set In for both these seeds, as farmers are ■trying the latter with turnips as a stand-by. Maize.—Tho market for maize declined twopence per bushel last week, and has since remiU_ ed without change. Arrivals have fallen off since the drop in price; therefore, the market will probably remain quiet but steady at the reduced figure. Oats.—Business in feed oats is very qdiet, and prices show no change this week. Stocks are heavy locally, and the business doing at present is of a hand-to-month character. There is little or no disposition manifested to do forward business in this grain. It is considered probable that low freights will be offering for oats shortly to Europe, and if that eventuates, the market here should strengthen. At present the stock of oats in the Dominion is more than can wpll be consumed in New Zealand The quotation this week Is 2/5 ex wharf and 2/6 ex store.

Chaff.—Stocks of chaff have now worked down considerably. Very little Southern is now coming forward, although store shocks during the past month were somewheat heavy. Supplies of local are notf dropping off, and, no doubt, a good deal of the local chaff will be cousumed on the farms now it is so late in the winter The , Se i >h CraJs brou Sht 800 tons of compressed chaff from Melbourne since last report. This came forward in good condition, and proved of excellent quality, as, having been cut on the green side, it is highly nutritious. The quotation for this compressed chaff was £3 7/fi ex wharf and £5 10/ ex store. Most °f l* 1 * 3 cimtt vras coyere< l with Hessian elovh, which prevents loss of weight Onions.—A few locally-grown onions are still being offered, and meet with ready sale at 5/ to 6/, according to quality. Further shipments of Victorian onions arrived on Momlay, and as the position in Australia is not strong, prices will probably remain steady for onions for the next tew weeks. By that time, however, stocks will be getting into small compass.

Manures.—Steady inquiry continues for all lines of fertilisers. Basic slag and kainit are wanted for top-dressing pastures, while superphosphates and bonedust are in good demand for planting purposes. Prices tor all lines remain unaltered. WEBKL- MARKETS. Farni and Dairy Produce.— Butter, factory, l/oj per lb; fresh eggs 1/ per dozen o,< rf ale i farmers', from 3d to Sid" Itl l b i, f ?. < ;t. o^^ • 6id to 7d : haeon, sides, 85d, rolls Oia; hams, 9jd. Flour.—£ll per ton (less discounts); wheatmeal, £11 pe rt on (less discounts); sharps, £5 15/ per .ton; bran, £4 10/; oatmeal, £13 per ton for 25's, wholesale. Gialn.—uats, 2/6, ex store; Algerian seeoats, 3/3; southern milling wheat, 4/1, f.0.b., sacks extra; fowl wheat, 3/8, ex store, sacks In; maize, 2/6. for wholesale lines on tha wharf.

Chaff. — £5.15/ to £6, ex rail; compressed chaff, £5 10/. Potatoes. — Southern table, £7 10/ per ton; Up-to-date seed, to £8; Northern Star seed, £10 per ton.

Onions. — Local. £6 per ton. Timber.—Ordinary building timber, undressed, up to 24ft long, gin to lin or more ! in thickness, and from 3iu to l_in wide, first-class 22/, medium 17/6, second-class 12/ per 100 ft; undressed boards, up to 24ft long, not exceeding 12in wide and .iv tblek, IS/, 15/, 0/; rough heart palings, sft x 6in x jin, 2S/ per 100 palings; rough heart palings, 6ft x 6iu x Jin, 31/ per 100 palings; rough lining boards, 9in x gin, S/6; wide boards,. Od per 100 ft superficial, extra for every inch in width over 121n and ud to 18in; over lSln up to 24in; 9d; over 24iii to dOin, 1/; 30iu to 42in, 1/6: over 42in, by arrangement; rough heart. 17/6 per 100 ft superficial; super, planing, 1/ per 100 ft extra; planed both sides, 1/6 per 100 ft extra; three and four sides, 2/ ditto. Flooring boards: Planed, tongued and grooved, 2*/6, 20/, 14/6. Lining boards: Planed, r^i? ued ' grooved, beaded or V-jolnted, 24/, 14/0. Feather-edge weatherboards, planed and shot: Out of liln materia!, face measurement, 22/, 17/G 12/; out of Uln material, face measurement, 23/, 18/G, 13/. ltustlcated and special weatherboarding, 24/6, 20/, 14/6. Ordinary building totara, scantling, 17/; boards, 4iin to l_lu. 10/; Second-class totara, scantling, 13/6, boards 12/; clean heart of totara for joinery, seautling 22/; rough heart of totara, scantling, 18/; rough heart of totara scantling, 6 _ 2 and under, 16/; heart matai scantling, 20/G; rough heart matai, scantJug, 13/; ordinary building rimu, boards, heart rimu, scantling, 13/; heart rimn (framing and bridge quality), scantling, 17/; clean, 15/6; second-class rimu, boards, 12/; rough heart rimu (dressing quality), scantling, 20/.

G. W. BINNEY AND SONS' REPORT.

We again submitted and cleared extra large catalogues of hides, skius, tallow, etc., under good competition.

Hides.—Market remains the same with better inquiry. Ox, extra stout to 7Jd stout 6j_ to 6|d, medium Gqd to SJd, light' Gd to 6id; cow, best lines 6d to GJd, good Sid to s}d, seconds 5d to 5Jd; stags, 4Jd to odfkips Old to 6d; yearlings, s*d to Gd; calfskins, best 7-d to Sid, good Gd to 7d, seconds 3d to s*d; cut and damaged hides, 3<!d to 41 d per lb. Sheepskins.—Last week's advance fully maintained. Butchers', best to 6/6, good 5/ to 5/5), medium 4/3 to 4/0, small 3/ to 4/; country dry skins, extra large to 5/6, large 3/9 to 4/6, good 2/S to 3/8, small 1/6 to 2/6, damaged 6d to 1/ each. Tallow.—Best mixed to 26/6, good 24/ to 25/6, medium 20/6 to 23/, inferior 15/ to IS/6 per cwt Rough fat, lid to I%A per lb. Cowtails, 1/8 per dozen. Bones.—Good dry, £4 17/6 per ton. JOHNSONVILLE STOCK SALES. JOHSfSONVILLE, this day. Messrs Abraham and Williams, Ltd., report on their Jolinsonville sale as follows:— "A hesvy yarding of bullocks and sheep came forward. Beef was easier, whilst sheep sold at late rates. Best bullocks, £9 7/6 to ,£9 12/6; lighter, £8 10/ to £8 15/; light, £S 2/6 to £S r>/; prime wethers. 10/ C to £1 0/0; good wethers. IS/8 to 10/: plain, IT/6: prime ewes, 18/ to 10/6; good ewes, 16/7; plain, 14/2; prime lambs, 12/3 to 14/7.