FINANCE AND COMMERCE.

Dominion, Volume 1, Issue 21, 19 October 1907, Page 9

FINANCE AND COMMERCE.

' The dullno63,,'of'.yiei3haro l market: : is.;beins emphasised- each:day; not/,only" is this! manifested in; the. absence,of business,'but'also in - the downward trend ','of' values.' Yesterday on 'Change - brokers "looked I ''glum, buying orders } were lew:'and : far between, 1 and fractional concessions':in' buyers'-'quotations ; failed; to ;bring ••' any response, ;and;!to:cr'own: all,; Waihis, the ■ gilt-edged stockv of! • the •>market,, persisted in drooping'.'' How'over.rone' sale was Equitable ■ -Building, shares ..having .had quittance at £10 2s. 6d., at which price the return to the-investor is X 4 ,18s.-'Jd.! .per cent. ; This is a very small return for'capital, but' it shows: the confidence'.'Of'investors -in this security."-'Such s shares, howevor,! often, attain a fancy- or; isentimental value,,- nevertheless Equitable! Building--must,-be rated first-class stock'., -Of .rthe'. baying felling, quotations nothing ".o?-impoi'tance,;can be; said.' Sellers of "' National,.ißank Shares'.'.have,'reduced' 'their . quotationifro'm-^s'Ss:'to : -iCs;'Bs.'9d.,;Kut' buyers will not g6'beyond r .£s'Bs'. .'"Bank'Of New Zea-' land shares? were' r again'-' offered;.- at '.£lO,. but. with' no' fesjibiise from buyers.i ■■There ■■was 1 practicallv : 'hb business-,offering in,financial shares.a/whilo in".'tho., gas-.: group, .there sellers -of. ; l'eilding-.-.Gas, i at'.lßs., -and, .Welling-, iton Gas, first issue, at .£l9. Insurance and Meat sharesjwere-jpassed-.in.silonce, but,Mana-, tralu Kails, wnre>a»ain"available at'.42s:;' ana Wellington",Stcam;'Ferry;'lss.-paid uprat'.l2s; 6d. 'Tliere- ! was'a ; 'bid , "Woollen,,- and the selling quotation for Wei-, lingtori'Woollens-was reduced ls.:;Gd.-.to'-.£3 Gs; WestportfCbal shares wero'.wanted, at xl-m.\ Kauri Timber, second issue,' at. Bs. 'Id., and £5 10s. for Wellington ,\Qpera- House v ; ~. .',;,, i; ;;, , :-,,,; "/ f^colrE^^^^s!^;:;^' 1 Earlytin-' Ife. ■■ S,prfolypu,..,tb.e Sec- ■ rotary .to',thßfUnited..States.Treasury',,,decided to support tlio,market,,,and. prprnised to, give five million.-, dollars' out, of.'Hie sub-Treasury' each week,,the piaii .including' therputting of . the money.'at ; jpo'iiits", where '.' : the ■ need ? was greatest/ providing,-'- however,' for; the conceal-' meat of the accounts distributed; to;'--tho selected' localities.' I '-English; financial authorities confessed thomselvds.at. a ; loss -to..decide, whether-the-measures; decided- upon .to relieve the: tension .ih-NewiiYorkwero likely to mako the situation-.better .or worse.,. As,.events'have turned •..■out, .'.thcVschemo'iha'si'.npt- had the,:desired effect of improving/the position. Writing of the '-scheme, .one; English plan ; befoi'o' the crop movement has' actually '■'beguri, n but.it'-'resembles previous, nttempts'at'-'fih'ancial'.'rescue in'maintaining;tin . idement'of'secrecy;)-Nobody; is- to know in-ad-vance what' the "amount of eaoh weekly deposit of cash, coffers .of; the'.-National- banks is to b0.).. This appears.;to be the', single safeguard against,.unclue : use ,of Government assistance by speculators.'' In 'each recent year theTreasury,has;had..to facilitate finance in'some ', ' way at';crop time!' Funds' have been deposited *Y with, the '-otlier'securities other' than Government'" bonds'"have' been'accepted' as the basis of an extended note issue; Treasury bonds have been brought in, and-l interest .--has been paid out bf.'its'due time, so, that', money .should bo available foritrado., Mr.; Shaw,,in ; his last; report before; retirement, - nrgued m. favour of 'giving .the/head of; the Treasury power to'"'de'-' posit or withdraw "at'will.'iKO.OOO.OOO 'in "the National;.,banks and "to expand : bi" contract their circulation' 1 at discretion. 'No mail,'-he contended,-'who 'had'-'ever been "the. national treasurer, 'and™ man likely to occupy: that position, would abuso tho ■-,great• trust -reposed m. him. >rhis; however, is no .argument against making, the, adjustment- of ;; supply to demand automatic, ; altliough,jt 'has tho. merit, of fixing a-limit beyond.which'., the' Treasury may not go, and perhaps that'is* wanted. Not'tho least ot.,the. defects, of the present svstem is' tho^ colour -it lends to a mischievous notion that speculators-'niay do :'as-' they please, ■ aid that a bountiful Government will see that they tafce.no-groat harm in .'consequence.''. ■'..,;' ■ ". BANKloj', ENGLAND ; . BI TEy.EOP.AI>H-rnKSS '.ASSOCIATIOS'-COl'YradH'r. (deceived 'October is,' i 1.6 p.in;)' "''■ ■--'■" London, October 17. : The Bank of England return.issued for the week ending Wednesday, : ' October IG, is 'as under:— ' . ■ . ISSOEDEEUmmsT.-". .••:-.•--; Note Issue £51,632,000 Gov. dobt ;£n,015 000 •• .■'■'■'"■ V •'■'"■ ..-Other,Eecuri-> ' ■■'-.■ ; ";'■"■■.■■■' ■■■<■■■ '■■•■ "„'', C 3. ..."'- 7,434,000 .w ; --,:;- -.- ■..,- GpM .. ...... 33.;i83.000 .' :'\ksi;KS,cco ;'.,";.;.'- , >i,832,000 . • ..,. t .A.,t,lsaskd,'g DEPAnramitT. ■'■'■'' Proprietors' ■ ,'. Govt.- securi-' '' capital ' ' ties 'I;:'" 214,836,000 : Public'-flc-'.i; ;■ ■■■■:■'> . Otbor socuri-.. '■-.-. -,:.- posits;.:... :.-6,395,000- .. ilea-,- 07,333,000 - Otbor ■ He-,: ~, ■~ Notes -... .22,512,000posits ... ,42,786,000 Coin... '...' 1,205,000 Best,'-7-day ; " ' ;■ - -.'-■• and'olher ;' ''- ■■■"''■! ;. • i.,, ..■...; , bills'-;... '■ 3,272.000 ■';-: -.-.''' ,-:. . ;: - .. , -.--, y.£63,000,d00 .. '■„ ;M - m.Ox'.OW.. The items of the Bank of England return afford: the following comparison :— ■ - ~.'.; ..Thisweek.Lastwook.liiwts'ear. :.- ; ." ' £ ■ •" £'. .'-,-£ ••: ■' Bulllbri'.:.;'!..' 33,35!,C0().''33,038,000' 27,700.000 ■- Eeßervo-...':;... 23.&37.000 i 24.158.000 19,862,000 Note circulation . 29,290,000 ', 23,763,000. ■ Deposits;.'.--. .... 48,181,000 51,813.000" «,9E0,O0O" Proportion ■-~.. ■-. , . - ',- reserve to' '" ■ ■'''•".'. liabilities ... 49.30' ' 40.51 '. 37.70 ; GOyEBNME'NT SEpUEITIES. \ ,'"■'' The following, are tho .latest quotations for Government securities with/a .comparison of those.ruljng :; last.week:—.; ;. ... ~■, . Variations _ -p r i r „ ' compared .rr--:: \ 1 ..'■■ ■ •- ''With, : - ■ ' . ' last week., ;' ,- ■■■' •-■ '• £ a.-H. .-■• 24% Imperial Consols ... e-2 m. 0 2s.Cd. lower 4 „N.5.W.1003.Tan.-.luly 106 10,0 10s.higher 3j,. N.S.W. 1018 Mar-Sept 07.0 0 JOs. liiKlicr 3 „ -N.S.W. WG Apl.-Oet. 85-00 Unchanged 4, „:Vlc. 1920 Jan. July.;. HH 10 o Unfllianfied ■ • 3-i „ -Vie. 102141 Jan.-.July 98.10 0 Unchanged 3 „ Vic. 1929-JO Jan.-July 87 ,0 0 Unchanged '. 3i„S.A. 1010.1an.-July 98 10 0 Unchanged , 3 „ S.A. lOlßJan.-July 86 0 0 Unchanged 4 „ Q'l'dl92l-30Jan.-Julriot 10- 0' lOs.liighov 3i „ QTdl92l.3oJan.-July 08 0 0 Unchanged : 3 „QT(tI!K-2-KJan.-J\ilS' 85 10 0 10s. higher 4 ■„ X.K. 1020 May-K0v.... 101,10 0 355. lower 35 „ N;Z. 19-10 Jan.-July... 00 10 0 10s. higher S.i,rN.'Z.,]94oJan.-Jtily... 85.5 0 ss.higher 8J„ Tan. 1920-'4O Jan.July 08 0 0 Unchanged 8 „ T&s. 1920-10 Jan.July B3 0-0 Unchanged 5{„,W.A.1920-35.\lay-.\'ov 07 10 0 Unchanged 5 „ Ay.A.IOIS-aiJltti'-.Nov 85 0,,0 Unchanged ; : ':.THE .MONEY 'MARKET. The Bank-rate of discount is .4J per cent., rs against i per ( cent, on August 15. The open market ..discount; rate lor ;best three months'.-b"-'" •■" .':■'• '•■ " A "cr cent., being 5s 1"- .-'"''

; ji. COLONIAL' AND OTHER PRODUCE. ; •'.,. Wheat.—The 'markets are quieter, and prices are unchanged. : Few cargoes are,,offering, and : aro firmly-, held. 1 .,-.-,435. ,9d:"i6 asked for. Wcsl Australian- off- coast, 445.-. for> .Victorian and South' Australian October-November -shipment, '.-■■ Flour is'strong'. : ; Australian, at Glasgow.,if held for' 305.. and. 30s. 6d. , ' . ..." t ~ Sugar.—Goriiian beet,' 88deg./' 95., id. i' firsl mark granulated, f.o.b. Hamburg, lis. 2d. pei .cwt.' ■•.-,,' Butter is.very firm. Danish, 1 123 a. to 1255.; choicest Australian salted, |114s. to. 1165.; un.salted', 116s. to ,118s.;. best stored,'; 104s. to 106s per 'cw,t....,. .'■ ; '', .Bradford Tops.—The market is quiet. Com : rapn. 60'5,'28d.; super 60's, 29dl per lb. "' ■;'';thet.metal;MAßKETS.'' '-V.', •',.. '' Copper.—Spot,; £3-- 15a. lower at ,£SB-'los. three. months, lower at ,£57 per ton.-' -T'in.-rSpot-,£fl ss..lower, at Mil 155.;. three months, ; .£4.<ss. lower at ;,£l4O 10s. per tori'.. - .Lead, ;225..,Cd. lower at '.£l9 per. ton. , ~■ - ~, ~•' Big-iron unchanged at 51s. 6d. ■ • ■ > . . 'Silver,, 28 l-6d. per oz. < . : ' ';!;,"'. LIVE- STOCK- SALES. -'.Messrs. Dalgcty'and Co. report as''follows or, their: Fcilding,: sale .of - yesterday :—A Small entry:, of,.sheep., met, avith; good .competition, Mixed.cull hoggets' made ,11s; 9d.,-: 3-year-old steers', ,£i Ss'.; 3-year : old : springing- hoifers X 2.155." ,■' " ■':.-' ' The New Zealand Loan and Mercantile Agency , Co. report:—At ■ FcHding on- Fridaj we had, aj jnpderfttc .entry !;of isHeep: andl cattle the latter consisting Of prima' fat cows and heifers. Wo quote:— forward, ewes,.' 15s.' 3d.; ewes in lamb, 19s. 3d.; prime fat:-heifers, £7 10s. to £8 Bs.; fat cows, £( iiosi::'to .£7 Is.,store. cows, : 30s. to 31s.;:'.heiforb .in.cnlf, 28a. to 2s. Messrs. Dalgety and Co. report as follows on. their Levin sale, held yesterday :—We ; had a; fair yarding of both' sheep and cattle, which sold .readily. We quote :—Fat bullocks ; iSB -Is.; fat"cows; £h '12s. (light); 20-inoutli ,'steers to 55.; 2J-year steers; ;£3 18s.; yearling' steers,. £2 25.; empty heifers, M Gs. weaner heifersj 17a, : ; fat ewes; 21s. 3d.; small mixed hoggets, i 13s. lid.;. mixed ; hoggetß, 17s ,6d.-,, '.-.,.;. ,/,,. ',;„• ..., ;.. . . .„ L ■; Mr. H.'Ernest : Leightoh reports:—At nvj Silverstream'. stock .sale, held, on .Wednesdaj last, there was a-.;heavy .yarding' of cattle but rio sheep werofoi'wanf. Buyors were ii fairly, good, attendance) and'l disposed of the following:—i-3 ' weaner to yearling hoifers "al 22s;'; dry cows :from JBl< 10s p to ,£2r4s.; cowl -arid calves from £2 14s. to/£3 45.; fat cows ''je4-55.; springers and milkers, fronri£3-2s:!Gd to M 5a... ... , -.'Messfs.'-A.H.'Atkinson and Company reporl tho . following ''quotations at their sale ,'al Feilding,-yesterday:— -. '■ ~ Pigs—Weaiiers,' Bs. to ■ 10s.' Gd.; ) slips, - lis. t( 12s. Gel.; small stores, 13s. to 17s. Gd,; porkers 225.' 9d. to:2Gs..,Gd.;,aiul.:good;i29s. Poultry.Eoosters; ; ,ls. id.-.to ,2s. :'7d.*; liens, Is. 3d. tt 25.;;-sd.j ducks, 2s: -,9d.' • Produce—Potatoes Pig, 35.;. eating, 4s.i to 12s. per bag; rhubarb Gd. per., bundle; cauliflowers, ~ss. per -bag 'Bacon.—Factory, sides,.7jd.; hams, 7jd. '.'. ,' WELLINGTON-. PRODUCE MARKETS. ! ~The New.Zaalanei Farmers' Co-operative Dis tributing Co:, Ltd., report as- follows:—Maize 45."(1 d.; wheat, prime, ss. Gd.; inferior, ss. market-, rising. ; ...:.. ...;.. -~.;' ... • A' grade, 3s.;lid, rising; oats crushed,' 4s.' ! '2el.' per bush. Pollard,. £7. 5s Braii,- M ss. Sucrosine, 200's, M ,10s.; ICO's .£G ,155.-'-lMnie oaten sheaf chaff, ,-EG 55., firm ■Potatoes.—Now Zealand, £<l 155., niarkc firmer;,-potatoes, sped Australian ,Up-to-()ates £0. 10s.; -/'CiVr.'.W'biiry,' U]>to-datcs, ' Lapston ■Kidneys,':;, Kurly-v Rose, ■ Beauty . of Hebron Northern, Star, Whito Star, Circular Hoads from Xi to, & r >, 105..: Onions, >£8 : 10 a.. per lon firmer.' "•"■ '•'■ '.' " ' T " , ' •'Butter.—Separator, 9Jd.; milled,' JBJd".; dair -pats, SJtl. to 9d. per lb. Eggs,' fresh,' Is, id per, doz., scarce .. ■■'•'" ' ■ Bacon.—Sides, 7J.d.; 'rolls',. Bd.; hams, '8!d ,Honcy, GO's, 4jd.-. : ' . ■■ . •;\ .-, Beeswax, ls.-Gd.; fungus, 4Jd.; walnuts, ,'sd to Gd. per. lb. \ . ' :,,. • , ' Porkors, 70's to gO's,.sd.; 90's to 100's, 4Jd;' heavy pigs, 3»d. to 4d. per lb., good demand. Cabbage,, 10s., good demand; cauliflower, 10a to 15s. per sack; green peas; 2s lei. per sack asparagus, 10s.; rhubarb, 4s. Gd. per doz. carrots, tablo, red, Gs. per sack; carrots, horse £2 10s.: swedes,-it 10s., per ton; parsnips, 7b per sack. .. - : - .- ..- .., Apples,—Dessert, 95.; apples, cookers, 9s. ,A mo, iV- 9s - 6i -' ora nßes, Sydney, Gs.; pines 10s;' Gd.; mandarines, 10s.'; passion fruit, 15a All in short supply. . ,' Cocksfoot,,CJd., to 7d. per lb.;, ryegrass,' Gs 'per bushel. ■'iPoultry.-Table roosters, ss.' Gd.; cockerels Gs.; tabic hens, ss. to ss. Gel.; ducks, Gs. Gd. 'te <s:GeI.; gecse,.7s Gd., all at per pair. Turkey gobblers, 9id.; hens, Bid. per lb., live weight Dressed. poultry-Roosters, 71d.;' lions, Gel. tiirkey gobblers, SJd.j turkey hens, BJd. pe "Vegetables' of' all kinds and poultry in ver good demand. ' \ * ■ • Messrs. Laory and Co. Ltd., Wellington, repor the i following wholesale prices ruling on th market:—Wheat, ss. Gd.; oats, 3s. 9d. to 4s barley (fowls), 3s. 9d. ; Cape barley, 3s. Si\. maize, Is. Gel. to (s. fld.j horse beans, is. 1 2d t •Is'. 4(1.; crushed malt, Bs.; partridge poas,'4s 9d.; Prussian blue peas, Gs/; fowls' peas' 4f Gd.; ryecorn, 4s. Gd, (all. at per bushel). ' Flour (New Zealand and Australian) £] 155.; pollard, £7. ss. t0..£7 10s.; bran, jCG pearl barley, ,£ls; split peas, £15 10s.; beai meal, JCG 10s.;' boncdust, '■£&; supurphosphatef SJi. 53.;-chaff (oaten shenf), £6 10s.: : onion* £$ to £& 10s.; oatmeal, i'lG 10s. to .£l7; pota toes (derwents), JES (all at per ton). Bacon.—Factory . sides, 7 J ,d.; . hams,. BJd. rolls, Bd. Butter (bulk, pastry), 81(1.; factor rolls, lid. (all at per lb.). " Poultry.—Hens, 3s. to 45.; ducks, Gs. to 7s. turkeys, gobblers, Its. to 165.; hens, Bs. to 9s (all at per pair). ■ ' ■ ' Cauliflowers, 10s. to 205.; cabbages, 9s. t ISs. (all at per sack). • Fresh eggs, Is. to Is. Id. per dozen. AUCKLAND STOCK EXCHANGE. '■ REPLY TO MR. POLAND. \ [BY TEMQItAriI.—OWN CORItESPONDENT,] ..'.■,.--. Auckland, October 18. The remarks in Parliament by Mr. Polam anent tho Auckland Slock Exchange were re

plied to at the afternoon call on 'Change yesterday, bv the Vice-Chairman (Mr. Anderson). Ho said:" "They all knew how misleading and iuaceurato thoso remarks are,' but, unfortunately, members of Parliament, wore practically under tho''limelight, and their utterances, however wrong.or ill-judged they might be, are telegraphed from- one end of tho Dominion to tho other. Ono of v tho: worst features of Mr. Poland's remarks, according to the telegraphed reports, was Hint ho presumably wishes to convoy that unless a new company is floated through members of the Stock Exchange an attempt is made to refuse to quoto it on our list, whereas, as a mattor of.fact, not one company in ten was floated' by' members of, our. Exchange." "It .is unnecessary for mo to reitcrato,"' Mr. Ander-1 son' went, on to say, "the reasons why the Auckland Stock Exchange will not quoto any | and' every company. Broadly speaking, wo want to seo that tho public have a fair run | for their money, and provided tho promoters ask only a fnir proportion of shares, and the I conditions in the prospectus are fair and reasonable, there is no fear of the company not bei '■.'... quoted on our official list. As a rule, the promoter is quite able to look after his own interests,' and we on our side will ..continue: to use what influence we can to see •that as imich cash as possible goes to develop the property, and is not handed to tho promoters. As long as we continue that policy wo have' nothing to fear from members of Parliament or anyone else." WAIHI GOLD MINING COMPANY. , '-' , .A,' NEW" PLANT. [BT TEMGRArir.—OWN CORRESPONDENT.] '..',' . ; Auckland, October 18. .-In striking contrast to the fall in Waihi Gold Mining Co.'s shares attributed partly to the dumping on the New Zealand market of , sundry parcels of scrip from London, and partly to the recent alleged "creep" in tho mine, are the improving prospects of the fine property itself. .There, appears in tho "Herald" an account, from its ■ Waihi correspondent of a ! new gas producer plant, just installed at tho Waihi Company's battery .at. Waikino, which, when completed, as.it will shortly, will prove a welcome, addition to tho Company's milling caphcity.'and will bring with it a reduction in the cost of ore ' treatment. At present the plant is working four tube mills, and two more mills ■ are to bo started imme-' diatoly, after" which other units of tho plant .will bo- brought into operation as completed. By tho end of the.year the full 1000 horsepower .will be available, and this will mean the handling of. upwards .of 4000 tons of quartz more for each four weekly periods than ;was tho case prior to . tho, installation of the plant. As the contractors guarantee that tho total working cost will not be one pehny per hour for every 10 horse-power produced, and the Company anticipate a higher extraction as a result of the installation, it will he recognised that a substantial-increase'in tho gold output maj- be looked for.•• ■'■ . During a visit paid by mining men.to tho 'new plant, Mr. H.' P. Barry, Superintendent of~the -Waihi;mine, said, that ,tho, policy of the management had 'always been/to keep to the front, and as a bountiful providence had placed at their disposal amplo.raw material the only troublo was as to how it was to bo devoloped. As far as they had gone the mine had responded nobly, and as hugo ore bodies giving very fair ■ values had been carried down to the present lowest workings, ho saw no reason why they should not continue down to further depths.,. No man could Red the end of tho ramifications about the Central; Mine (Waihi). . It was his firm belief that the hugo reef system extended away outwards from mine'to mine, and that the prosperity of • tho Waihi Company and district, would: contimio for.a great many years to come. '~ ' . Mr. G. ■'• Eothwell, Chairman of the Waihi ,Grand Junction 'Gold Mining Company, remarked, that, some of the mines of tho Dominion were now being .worked; at.a much greater depth than when' he last visited the Dominion somo years ago, and tho results being met with, together with the decreased cost of treatment; pointed to a- brilliant futuro for the Now Zealand' goldfields. './'■" ■•''' Mr. II: S. Stansficld, Manager of tho Talisman Mine, said that his Company was watching 'with interest tho improvements being in'troduced by • tho Waihi Company in , the hope of.; taking advantage-of-them. '. ■.- :. Later on Mr. Barry further stated that tho portion,of the plant which had.been in operation during/the past, six weeks had worked smoothly, . and in- overy way , satisfactorily. Everything certainly pointed to 'the producer .plant proving a great success and solving tho problem of cheap power. „ . ■ '; MOUNT LYELL RETURNS. ■ DT TELEGRAPH—PRESS. ASSOCIATION— COrYKIOJIT. ':■:''; Melbourne, October'lß. Tho Mount Lyell returns for the period from September 12 ,to October 9, inclusive',' show that 30,632 tons of bro were treated in addition to 1752 tons of purchased' ore. '"■ This yielded 728 tons of blister copper, containing: Copper, 719 tonsj silvor, 50,835 ounces;- gold, 1G95 dunces.; •■ ■ ' 'v ' ■V :: ; : " CUSTOMS RETURNS: "■'' The. Customs ( .roturns for.. Wollington ' yesIterday amounted to\'£UlS 12s. Id. ...'".'-'..

I '-': /^-.^• : ;.'-V";lr^ ; .A:' :^;.;" i *-!^;"." \'\ Y •^^■■••'.■;.i,rv;. 1 WELLINGTON SHAME LIST. : / •'; !:^> !a - T t ;*gv:. "banks.:".' .••:■•'•,'i.- ; i.» !•■ -a!; < i. '£ ■ i" -s s."a.. £"s. a.: f s; d. : =e e. a. . KewZqaland ,.„,. , . 2,CCO,000 SSl.BVB ,, . 3J -34 ,,10 10 0 0 ■ Rational '.:.-•- '375,000, 335.319 '24 IB.". ,13 - 5"8 0 ' "0 8 9 / insurance.-' ii: ;'/■•'- ■':•".-'. ■■;. ' -..-.,- -,..■:.- ■■-■■■ „ . ■ ■ ■ National'.: -I'vii '•:- ■: lOO.OOO"■:' -238.243': -'••& unltd.- 15 l 6 0,. 17 6 17 0 611 1 NowZoalaiuH -r : - ■ 300,000;-' .336,786 s. ,--8 ■ ■ 10 4 2 0 . " South British'\ -.-.'- .100,000''. ' 513.J8D ;. • i unltd. 30 :• '" Btandaid '•'.-•'-""';'".; 75,000 ' ; 82.163" j unlM. 10 : lvl 0 .13,0 EquitableBuilding C'-\ 150,000 >' "■■' j' . -5 i. 10 10 0 0 '30 5 ,0 .10 8 6 . 418 0 '..' .Metropolitan Building: -21,000, .. 5.22); io nil : J 12 0 0 ■ . " . Wellington Irivost.:-'- 60,000 '1 3,033 /' J 4 .6- 012.3 .j ■_""".'. .. < ■Wol'gtonTruaHfc-L'oan101,450 • '30.620..• 5 "5- 8 7 10 0/7100 568 National-Mortgage-!,- -200,000 r 112,260. ..' 2 ,. 8 ;. 10 3 3 0, . 3 5 0 3 4 0 .6 5 0 K.Z. and Rivet Plato- 300,000,:. 230,303, .,, .ml . ., 1 10 6 110' 0 ■ ; Loan and Mercantile- : 135,222 ' 157,358 . .J 85 ;5 ... ... .- Jl« : " -AucWand! :-..■;.:>.•. ,• 1E0.370 -.'. .60.552 ,,.'.: -,-. ■ nil., 16. 14 0 0' U»0 ■-.'■' I " Ohrlstchurch;;.-.,.- ,.152,000,. -65,087, , :. nil 10 .-,.'-,,-.:.,•: 10, 7 6 .■:., FeUding' --"■:''.•,10,605' .103 .?' nil '.-■, 017 0 0180, .017.0. Gisborno *>.•'■ ■ '■■■ "'- ' 17J0O ; '•-""0,230 ■'. ' i nl 12} 2 13,0 3 13 0' .'. - Hawora-.v,;-- .>: :. ; ■ :\: ■'" i JO; 110 13 0' NowPlymouth ,- ,- - ,18,000,, ... 3453. . „.S -.nil 10. , -715 0 Napier -"':,- :;"..,' .' V ;■ . ,£ n» ' : 15 25 0 0 V?-\'■•■•■■:■■-•".': - 40,057 ''22,517'.' "™ 5 '15 36 0 0 " Palmorston North .- ,27,000... ,li,C02 ..}..., i, 10 ...7-2 C. > ' , 7'2 6 ,664 WeUinetouV .'-;■;- :; 1M , 70 V J, 57.088 , ft ,■ ml. 10 -10-. 0 0 -10 -0. 0i,.! .' -< k ' ' ■ ,'ArEAT r! : "■' -'-"'■'"- •-■-,--,-- , .'■** . Canterbury -r;.-'.,-.• 183,727,'., : 30,074--': ,1-, 2 * ' I '80 0 ■-■' ' ', Christchurch.' - - 165,920 ! 61,337 .«.- ..nil, ' 8. 1010 0 3013 6 1010 0 712 4 '•■'■■£ .■"■■!""■ : ■.:•."■'. .. Wellington Meat Exp. ."Of .-)' '., ■'"-. V -: ; -.- • i • ;' n1 '--,- §. 612, 6, ; .,.-.,\; , . „.-,.,' ■. ;, _ ,.105,766f ,. £3,767,, • .5 .,. 1', .8 6 2 6, " •'„ „ "■•■:-' , "- '• •'-,; ■ ■;■-'■■)-.■ ■•'■■'•• ' -i • 23 ' ■ 8 '3 6. 0 '■■ • 3 7 0 3 6 0 6 7 3. Wanganiii ! '- v .v" -■■■'■ '45,850' .' 11,«W'• :E | ■•■ nil... 8 3 5 0. 5 5 0 ■W.&M..EaUway l „J..T ,.-,170,000 . 121,452. .,-, .A ,7. 220 . ..*•., N.Z. Shipping:.:;-' t. 473,840 . 113,751 ."-J . m. .5. - " '6 0 0 ' __ _■ . ( Union Steam 1 '!-^'- ; - ''E00.CCO " ■«-2,5&2. •8.;n,.,,. 10 i 8 w 0 " . 18 10 0 5 8 1. '.Wstn. Steam Ferryv-- ■ 46.250'r; ■.;.;■■■ 65 .-.•.- 10.; ■ ml. : , ■ 0 ■ ,..,018 0 .... Westport - ■:-,':- 260,000 117,215 ;„, ,' 14 '■ 15 ,715.0 ,, ■Taupiri,. '-. - ■■■■- ,82,500. ,5,330 ' S J :ml. . - 74 , . 010-0 ; ' 1 .1 0 • - ;'- : " ■'SYOOLIiEN.-.-.i,-; ',•:.-,! r ,., ■';■.'• -,- r', .-i 1 . .!■".,-: . ■ . '..-■ ■'' ■• Kaiapoi'.,.-.';,-'..■; 100,C00:; ;, 32,851' -: ' ml. 6 ,6 0 0, , Woagiol : :' - J - ;1 -" r - ■':• 83.457'r •"17,113.-1 ';5 ;l4. ■ 54' 210 0 3.0 0 , „ ,,. „ „ . WeUington"- ,'■-',-.'- ■■ J '.'WjO0O ■■.< '• - 24,363 i? . M'.. ,; 1 :j . 0 ■ 3 6 0 3 7 6 ;S 5'0 T > 8 . MISCICLI/ANBOUS., i, ,.,..-.■-' ,;!;.l;" 4 ..■.,,.';;",■. 1 - ■'■„. ■■ '" • BonaBhyBope.;'r,,.,- ..47,000 . - "., . ,, . ..'.>>» ;; .- .5 7 6 ., Loyland & O'Brien.",!. 35,000' :" 34,085 "10 nil.-.'- 15. 2 6 6 2 6 6 ,', "I Uauricb'ville'Limo , ' s 7,000,.' ."■' '205; •y}~-- nil , 8 " •'■ 1 5 0 ■••' ' ' N.Z.Candlo--,'-,r,.- ',10,000,, ,, - : '. ,,.1- . : .,nij .... —.-.•,- ..-,.. 1000/ , . ■,:-.■ ».Z.Drugs' -,:>, "-. £00,000 , ,-'84,514, ;,10' -" m ." ■•/■ 2 0 0 211.0. . ,. • S.Z Paper Mills:' - '■■ 04765 -' ! ;1,177 ' ■■.f \ m ■- ;7; ,1,-3 6 140 1.3.74 619 0 : N.Z.Cement-"'^'■>: "40,000:. ■ :,;2,048-" i,l. .:-,-ml: i; *■ 110'6 '■■- ■ ' Manning&Co..-:--;:.-,. ,!--06,000., : ,87,li70,i : -,,.l ,',-,1;. . 10), ;.:,.-;::. 4 0 0 .; -. Ward&Co. - .- - 60,000. 20,655 -4 ,. 1,. . 10,,:,,, 6 J.I; i'Wgtu. Opera Houso -.. .18,630 ■. 1.705. -;4 • -- ml'- : 8 610 0/ . Wstn. Fresh Food ... 28,261' - ., 5 ml - 0 2 0- ■ ". ' WUitoombo& Tombs V. 46,250. 80,153';.' . i'- '.'nil- : 10 410 0 fcharlahd, Limited r,,:. ...43,676- ,,-, 9.311,:, .' B.j . nil-,.. .74 .,',-, 018'0 . ; ; ,