COMMERCIAL.

Press, Volume LXV, Issue 13600, 8 December 1909, Page 8

COMMERCIAL.

United Press Association—By Electric Telegraph—Copyright. LONDON, December 6. The wheat and flour afloat for the United Kingdom is 2,070,000 quarters; for tbe Continent, 1,505,000 charters; Atlantic shipments, 246,000 quarters; Pacific. 75,000 quarters; total shipments to Europe for the week, 1,250,000 quarters, including 13,00(3 from Argentina. Silver is quoted at Is 11 11-16 d. (Received December 7th, 11.55 p.m.) LONDON, December 7. Copper—On the spot £59 3s 9d, three months £60 6s 3d. Electrolytic £61. Tin —On the spot £144, three months £144 15s. Consols, £83 Is 3d, compared with £82 12s 6d last- week.

KAURI TIMBER COMPANY, LIMITED. MELBOURNE, December 7. The report of the Kauri Timber Company shows that the gross profits were £98,369. After deducting costs of management and other contingencies, the net profits amount to £41,224. )t is proposed to declare a dividend of 8 per cent., and carry forward £23,533. The new mill is working well, and has largely increased producing facilities. Large deliveries of loss are coming forward, and the conditions are more favourable than at this time last year.

Hall, to-morrow, when 20,736 bales will be offered, as against 19.248 bales at the corresponding isale last year. Tbe following is the order of sale, and the quantity catalogued by each broker: —Messrs H. Matson and Co., 3301 bales; Friedlander Bros.. 728; New Zealand Loan and Mercantile Ayer.cy Company, 1372; National Mortgage* and Agency Company, 1550; Messrs Dalgety nnd Co., Pyne aud Co.. 5549; New Zealand Farmers' Ce-op. Association. 41-53; total. 20,736 bales.

GRAIN AND PRODUCE MARKETS. (BT OVR COMMERCIAL EDITOR.) Tuesday evening. There is nothing fresh to report in regard to wheat, any sales taking place being only of small lets. Oats are also changing hands in small quantities. The Buteshire, for West of England ports, is taking a quantity of oats and peas and other produce, peas being in good demand for this shipment. The undermentioned are the prices paid to farmers, at country stations. free of commi'jsion, except where otherwise stated :— Wheat—Milling (nominal). Oats (nominal) —A Cartons Is 6}d to Is 7sd, B Gartons Is 6d to Is 7d. Duns Is 6d to Is 6jd, at country stations. Barley—Malting (nominal) 2s 9d to as 3d. feed Is 9d to 2s Cd, at country stations. Flour—£lo 10s per ton. Bran—£3 os, "local £3 f.0.b., per ton. Pollard—£4 per ton. Oatmeal—£lo IDs per ton. Catsheaf Chaff—Nominal, 303 to £2, at country stations. Peas—Partridge 3s 8d to 3s 9d. Blue Imperials 4s 6d, Blue Prussians 3s 9d to 4s. Dairy Produce—Cheese, factory ojd. dairy 4ijd, loaf cheese 6d; butter, factory 12d, farmers' separator 9d, dairy 8d; bacon, sides 7§d. rolls 8d; hams, Sd ; honey, extracted 4d per lb, wax Is 2d per lb; lard (packet*) 8d; fresh eggs lOd per dozen.

RAXGIORA. There was a good attendance at the sales at Rangiora yesterday. The stock entry was 2500 sheep, 60 catfe, and 100 pigs. Prices were:—Fat lambs, 12s Id to 13s 3d (all fat sheep shorn); fat wethers, 13s to los; fat hoggets, l'2s fid to 12s 8d; fat eyres, lis 6d to 14s 3d; unshorn ewe hoggets, 18s 6d; unshorn wether hoggets, 13s 6d to iss 9d, shorn ewe hoggets, 12s 8d to los od shorn wether hoggets, 10s to 10s 9d . shorn four-tooth wethers, 10s 9d to 13s: shorn four-tooth ewes and lambs, 8s 5d to 9s 8d; old ewes and lambs, 6s to 7s 9d.' Cattle—Fat steers, £6 to £7 12s 6d; fat heifers, £5 10s to £7 2s 6d ; fat cows, £5 to £7 7s 6d; forward cows, £3 10s to £4 10s; two-year steers, £:J 10s; eighteen-months cattle, £2 10s tc £3; yearlings, 30s to 40s; calves, 20s to 30s; springers, £5 10s to £7 12s 6d; cows in profit, £6 to £8. Pigs— Baconers, 40s to 455; porkers, 30s to 355; stores, 20s to 275; small pigs, 9s to 17s 6d. In the produce yards, heavy crossbred sheepskins made to 8s sd; medium, 6s; lighter, 3s 4d; merino skins, 7s Id; lighter, 4s; pelts, Is lOd; lambskins, Is 6d ;• calfskins, 3s; hides, ojd per lb; haifbred wool, lljd; merino, 10* d; good pieces, 7Jd; locks, 4d; fat, Hd. Poultry—Roosters, os 6d per pair; hens, 3slod; ducks, 5s 6d; geese, 6s; chickwheat, 3 6d per bushel; oats, Is i9d; barley, 2s 4d; peas, 4s; beans, 3s 9d; bran, 4s per sack; sharps, Vs; pigmeal, 7s; pea meal, 10s 6d; old potatoes, Is to 2s 6d; table potatoes, 7s 6d; new potatoes, 2d per lb.

SPRINGSTON. At Springston yards yesterday, Messrs Pyne and Co. held their monthly sale, entries comprising 1400 sheep, 40 cattle, and 60 pigs. There was a large attendance of farmers and others, and a fairly good sale. The principal sales were: —190 ewes and lamhs at 7s 9d; 320 at 10s; and other lots ranged from 6s to 9s Bd, according to mouths and condition; fat ewes, from lis to 13s 9d; fat wethers (shorn), from 13s to J3s 9d; 185 four and six-tooth wethers, at 12s 2d; 130 two and four-tooth wethers, at 13s; 20 fat wethers, at 13s lOd; 95 wether hoggets, at 10s Id; fat hoggets (in wool), fTom 20s 6d to 21s. Fat steers sold at from £7 10s to £8 ss; fat cows, £6 to £8 15s; cows in milk, £5 10s to £7 15s; cows close to calving, £5 5s to £8 15s; eighteen-months-old heifers fetched £3 los. The New Zealand Farmers' Co-opera-tive Association's sale yards at Springston were formally opened yesterday morning by Mr Bourn. He stated that tiie yards had been opened at the request of a number of the Association's clients. There were a good number of people present, and a fair amount of business was done.

MINING. THE TALISMAN MINE. (SPECIAL TO "THE PBEBB."} KAKANGAHAKE, December 7. During the month of JNovember, the Talisman Consolidated Mine crushed and treated 3350 tons of ore for a yield of bullion valued at £18,602 3s Id. The total costs for the past month were 33s 4d, made up as follows:—Mine development, 10s lid; mining, 13s 7d: milling, 12s 9d; general expenses, 2s Id. The mine manager has cabled to London as follows:—No. 12 level north, progress 60ft, width of reef 27in, assay value 21s Sd. No. 13 level south, progress 36ft, width of reef 12in, values low. No. 8 winze started 279 ft south, suni* 9ft, reef wider than winze, assay value £3 6s. No. 12 winze started 502 ft south, sunk 10ft, reef wider than winze, assay value £2 15s. No. '3 rise, 146 ft north, risen 25ft, width of reef 24in, assay value 365. No. 13 winze started 146 ft north, sunk 4ft, width of reef -4ft. assay value £3 7s. Shaft is down 471 feet; stopped sinking in consequence of influx of water; water now diminishing.

AUCKLAND STOCK EXCHANGE. (raxss ASSOCIATION TELEGRAM.) AUCKLAND, December 7. Business done this morning:—KuranuiCakdonian, Is 2d, Is 3d; May Queen, 2s lid; Monowai, Is 2d; Alburnia (con,), Is Id- Waiotahi, ss; Hauraki, Is 7d; Golden Belt (con.), 6_d; Talisman. 455; Waihi, £9 19s; Waihi Extended, 3s 73; Grand Junction, 35s 3d, 35s 9d. Business done at the afternoon call: — Kuranui, 6d, 7d; Kuranui-Caledonian, Is 2d; May Queen, 2s 9d, 2s IOd; Waiotahi, ss; Consolidated Goldfields, 18s €d; Dominion, lid Phoenix, 4d; Tairua Golden Hills, 4s 7d, 4s 8d; Talisman Consolidated, 465, 46s 6d; Waihi Extended, 3s 7d; Waihi Grand Junction, 35s 9d.

DUNEDIN STOCK EXCHANGE. (PRESS ASSOCIATION TELEGRAM.) DUNEDIN, December 7. Stock Exchange sales:—Waihi Grand Junction, 355, 34s 9d, 355. Sales reported: —National Insurance, 27s 3d: lalisman Consolidated, 43s 6d; Notown Creek, 10s, 10s.

mail notice. WEDNESDAY, DECEMBER 8. For Dunedin, per Tarawera, at 11.10 am.; late f#e letters, 11.25 a.m.; guard's van, 12.10 prn. train For Northern Ports and Westport, per Victoria and Mararoa, at 4.15 p.m.; late fee letter?, 4.30 p.m.; guard's van, 5.25 p.m. train. For Kaikoura, per Wakatu. at 4.15 p.m.; late fee letters, 4.30 p.m.; guard's v»r., 5.25 p.m. train. THURSDAY, DECEMBER 9. For Australian States, etc. (due Sydney 14th December), India, China, Ceylon, Hong Kong, Straits Settlements, South Africa, etc., also Continent of Europe and United Kingdom, via Naples (due London 16th January), per Maori. U> connect with Manuka, at 6.15 p.m.; late fee ,etter«, 630 p.m.; guard's van, 7.40 p.m train. Money orders, 4 p.m.; registered articles, 5_ p.m.;" book packets and newspapers, 5.45 p.m. For Northern Ports and Westport, per Manuka at 3 p.m.; i ate {«. letters, 3.15 p.m.; guard s van, 4 p.m. train; also, per Maeri, at 6.15 p.m.; late, fee letters, 6.30 p.m.; guard's vtn, 4 p.m. train.