FINANCE AND COMMERCE.

Dominion, Volume 1, Issue 223, 13 June 1908, Page 8

FINANCE AND COMMERCE.

WELLINGTON SHARE LIST.

THE SHAEB MAEKET. Quito a number 'of sales were reported on the Stock Exchange yesterday. Wellington De-. . ' posit and Mortgage shares changed hands; at 1 ys.; there'. ivas. another .6ale'of-.Gear .Meats at : ;•. 495. j New Zealand Shipping shares, whioh . have been quiet i for. some time, had quittance . at 18s. ,6d.;and i\ew Zealand Portland Cement shares sold at ,235. Bank shares were again quiet, with sellers of Mew Zealands at •i&9 25., and Nationals ,at ,£5 ss. 3d. Insurance shares were' neglected. South British were on the market at' £2 lfis., and these were the only ■ stocks quoted.' Financial' shares were steady and unchanged:—National - Mortgage, - buyers £2 183., sellers New Zealand Loan ■ • *nd Mercantile, sailers 4s. 6<L; Wellington Deposit, .sellers 9s. Gas shares were unchanged; —I'oilding Gas, buyers 19s. 3d., sellers-205." 3d.; Wellington Gas, £6 paid up, buyers ifilO 10s. ; Otner quotations were:—Christchurch Meat; buyers J3l0 1 2s.'i 6d., 'sellers ><£10 55. : ; Mana'watu ■'"Bails, buyers' 4Ss., sellers .18s. (id;; Union Steam, sellers : 355.; Wellington Steam, 15s. paid'-up, sellers 145.; Wellington Woollen, buyr . erg JU 7s ,' AYestport Coal, ,-.r Donaghy Eop6 : and Twine, i£l; paid, Bellers. . -i i£l 45.; D.1.C.-preierenee, sellers 2U. pLeylauu-' O'Brien Timber, sellers 435. ; :Mountu in Kiuiu , ' , Timber, buyers 225. 6d.; New Zealand I'ortland Cement,'buyers . 22a.- 9d.; Sharland's or-. ■ dinary and preference, sellers 205.;. and Taranaki Petroloum,-sellers 6s. -Gdr ■' ' 1 THE MINING MABKET. ' Yesterday Talisman's exhibited a_ weakening tendency, and this may 'be. due in part to compulsory sales, for it is' not .unlikely that • some speculators are holding more than; tliey can afford. I- Waihis sold at £'9 35., and Tan- . giaroS),..which:.have, commanded- a good deal of attention during the past few days, changed , ; hands at :Is. 9d. The quotations were as " under:— \'V " .*■■' ' 1 Buyers. . Sellers. Sales.

- WORKMEN INSURANCE IN GERMANY. .'•'The insurance, of. workmen in the German Empire against sickness, old age and invalidity : forms the subject of. a return just issued "by , tho Board of Trade as a Parliamentary White . Paper. This subject 'is rendered especially interesting 'at the present time in ' view of tho widely-discussed questions of _ workmen's compensation and insurance in this country. Tho latest available figures,. given in tho return, deal with sickness insurance for' tho year 1905 -and old age and invalidity insur- ■ -aiico' for 1906. . In tlio ca6o of the. former'it .•is shown that tho" number, of persons insured was 11,903,000. Tho receipts' from all sources amounted to ■£16,742,000, to which .employers contributed ' J54.595,000,, Aid -the workpeople 806,000.' The total number of persons com■pensated during tho year .was, 4,818,000,; the uverage compensation per • case' amounting to £1 12a. The amount of expenses incurred was .£14,029,000, while tho accumulated funds • amounted to .£11,117,000. •• ..< . - > in regard to old age and invalidity insur-' .- once,'for which the I'JOG figures are available, tho return shows that 14,0110,000 persons were insured. Receipts in this respect made, a total ■' of .610,550,000 for the year, employers contributing ,£4,182,500 and the workpeople'a like ■ amount, while the State contributed ,£2,397,000. Tho accumulated funds in this class of insurance amounted to . .£65,078,000. A .total ;of '131,000-persons received compensation, or new ■ pensions, during ■ the period, 111,000 of these " being ■ for old age, 12,400 for permanent invalidity, and. 1D,700 for provisional invalidity, tho amounts granted being £! 18s. for old age and i!B.in each class of invalidity. : Expenses l : amounted to fl total of <£6,503,000 for the ■ ■' year. .

venture. On the whole we have a right to believe that His Majesty's visit to Russia hasbeen productive' of extremely good results. ... RUSSIAN FINANCE. ' ■ Russian .financo- is in d cliaotio condition. The vicious system'of presenting simultaneously ordinary and extraordinary budgets, the length of tiino that' elapses beforo the accounts are Sublished in their final shape, and tlio wide' iscrepancios between estimated and actual receipts, all accentuate the difficulty of analysing at: any given moment Russia's financial position. Expenditure connected with the war, which ended in 1905, still appears annually in the extraordinary: budgets, and during the cur-rent-year :iG,600,000 will go to defray part of .tho debts incurred:in the struggle with Japan; so-the country: is .still'using borrowed money to pay for-its old. wars. But it.is also* paying out of loans for current expenditure on tho army ' and navy, on shipbuilding, on famine -relief,' which ' for; some years has ' absorbed annually several millions sterlings, and on other objects that cannot-fairly be considered extraordinary 'or ■ outside tho normal activity of a Russian Government. Tho current yearshows a probable deficit of about twenty mil. lions/sterling but : that.is nothing serious when it is romembered that Germany suffers-from chronic deficits, and is expected to »be forced to borrow .£50,000,000 in the noxt five years. 1 Russia will probably seek to' obtain .twenty millions sterling immediately, and if the terms aTe satisfactory the money will be forthcoming. Germany* and the State of Prussia together borrowed about .£30,000,000 a few weeks ago, and the whole of the money was found by syndicates

' - ' - HIGH-CLASS SECURITIES. 1 ■■ Tho meeting of tho King, and Tsar at Reval ' - and the ■ rapprochement between tho two na- ■ tions appear to have had a bad effect on high- - class securities. Imperial Consols have suffered a decline of 6s. 3d., and aro now quoted at £S7 13s. 9d. The Anglo-Russian entente cor- ■ dial and the isolation of Germany, with whatever adverse effect it may have on German sentiment, have, perhaps, had little or nothing to do with tho downward tendency of giltedged securities.- Those who have closely followed the' Stock Exchanges will recollect that Imperial Consols advanced from V£B6 12s. 6d. - - on May 22 to .£3B on June i, that is an ad- ■' vance of 275. 6d. in the course of a fortnight. it "i¥ a big jnmp oven for such a high-elasa i security, and even allowing for tho fact that t the Bank rate was rednced from 3 to 2J per cent, in tho interval. The decline is moro tho re=uit of a natural reaction after a- sudden ! : and substantial advance, and less tho result of I ' tho friendly relations with Bussia so cleverly I" brought about by King Edward. Investors in I ■ London, as we have already shown, are being r • surfeited with gilt-edged securities and aro ! obtaining excellent roturns. , ■ . ■. j With respect to tho projected Russian loan, ;• and tho shipmont of bar gold from-London ! to St. Petersburg thero does not appear to bo i ■ anything extraordinary in either matter. Loni don can spare tho gold to begin with, becauso [' 'New York is- returning tho metal that was f » obtained so hurriedly from October to_ Decemi bar last. Furthermore, if the gold is being ! shipped then we 'may be 'sure. London is obtainiug .value for the money! There is no senti-niont-in the transaction. As to a Eus- . Bian loan; that 'has been a markot probai biljty-for some time. It was seriously talked r ' •/" ' about ,in April, and it is not unlikely that 1 : tho emission has beon held over pending this : -Royal meeting at Reval, arid, the settlement | 'i'y - 'of outstanding difficulties. In any caso Paris i'.:"'' as usual, will have to find the bulk of the j, money,' and if the terms of the Russian loan ; .are satisfactory London financiers will assist tho

15s. io ■-C 5 55.; chaff (ontenslicnf); £•> 15s. to .EG 55.; oatmeal, i:l3 10s. to Xlf IDs.; potatoes, £5 10s. to .EG; Tnsinanian fined (Up-to-Dates), ,£G 10s.; Beauty of Hebron, ,Cfi 10s.; Flukes, £0 His.; bacon, factory sides BJd., hams 'Jd., rolls Did,; butter, bulk lOd. to 10Jd.; poultry, hens 2s. Gd. to 35.; r ducks ss. Gd.; turkeys, gobblers 15s. to 225., hons Bs. to 95., all at per pair; cauliflowers, Gs. to lis.; cabbages, 2s. Gd. to 7s. Gd., all at per sack; fresh eggs 2s. to 2s. 3d., preserved eggs Is. 4d. to Is. sd. per dozen; cheese, Gu. to per lb.; loaf, 7-id. per lb.; onions, ' £1 10s. to X 9 per ton; Akaroa cocksfoot, lOd. to lid.; ryegrass, 4s. 9d. to ss. 6d. per ] bushel. LIVE STOCK SALES. Messrs. Dalgety and Company, Limited, re- ; port that at their Eeilding sale yesterday a ' good representative yarding of both sheep and cattle oame, forward. Although pries were slightly lower than at last sale, they disposed of the whole yarding of sheep. Tho principal sales were as under: —f.f.m. ewes in. lamb, 7s. 2d.; fat and forward owes, 7b. 2d. to 9s. 9d.; two and four-tooth wethers, 10s. 3d. to 12s. 3d.; four and six-tooth wethers, Gs. Gd. to 12s.- 3d.; mixed lambs, 7s. id. to 7s. 5d.; ewe lambs, 7s. to 10s.; 2-year steers, 43 is. Messrs. Dalgety and Company, Limited, report on their Levin sale, held yesterday, as follows:—A fair yarding of shoop, and a good one of-cattle, wero submitted to a good attendance of buyers. Except for one lino of small two-tooth wethers, all sheep were sold at the following rates:—Fat wethers, to 10s. Bd.; fat ewes, 13s. 9d. to 14s. 3d.; forward wethers, 155.; two-tooth wethers, lis.. lOd. to ISs.; sound-mouthed owes, Bs. 7d.; "others, 7s. 7d.; poor-conditioned 2J-yoar steers, A 2 195.; fat steers, 155.; light, cows, to .£5 2s. Od.; springing cow's, to .£5 55.; store'cows, 375;; 2-year steers, £2 125.; yearling, steers,. 285.; small heifers in calf, 375. 6d.'Messrs. Hudson and Marriott, Levin, report having held their usual forthightly sale of pigs at Levin yesterday. They yarded 143 pigs of all classes, and they were all quitted under the hammer. Porkers and baconers met with a ready sale at good prices, whilst store pigs and weaners were hard to quit. They quote: Heavy, baconers, to 515.; light, 395.; prime porkers, 375.; medium, 345.; light, 295. to 305.; stores, 9s. 3d,, to 145.; weaners, ss. to Bs.; 'sows,' 30sl; olioppers, 50s. One of' tho primest pens of pigs that we have offered this season were sold yesterday on account, of tho Boys' Training Fttra, Woraroa. Mr. Newton King's weekly report is as followsCattle—At Rahotu on Tuesday, weaners made 15s. to 195.; two-year steers, ,£2 155.; 18-montlis heifers in calf, 39c;; springing heifers, '-M 55.; store cows, 375. Gd. to 455.; forward cows, .63 75.; fat cows, XI 7s. '6d.; bulls, 30s. 1 At Waiwakaiho on Thursday there' was a good yarding and good attendance. Bidding j •was brisk for most lines, nearly everything being . sold at the hammer.. , Calves mado ss. Gd. to 165.; 12 to 15-months mixed, .2Ss.; 18months heifers, 2Gs. fid.; 20-months heifers in calf,' 325. Gd.; Jersey heifers, £3; springing heifers, £%' 12s. Gd.' to £3 55.; springing cows, .£4 to ,£5 17s. Gd.;' store cows, 275. Gd. to 425. 6d.; forward cows, .£2 10s. to J£3; 4-year bullocks, £i 135.; bulls, ■ to .£3 18s.; fat sheep, 13s. ■ The New Zealand Loan and Mercantile Agency Company, Limited, Feilding, report:— At Feilding on Friday wo had a good yarding . of both sheep and cattle. Except for good, forward lambs, prices were slightly easier than last week, but business was done, and all lines but two were quitted. Cattle were slow of sale at late rates. Cull lambs made from 2s. 2d. to 35.; medium lambs, 4s. 9d. to Gs. 3d.';- ' forward lambs, 'Bs. Gd.; cull , ewes, 4s! Gd.; two-tooth ewes in lamb, 12s. 9d.'; twotooth Lincoln ewes, in lamb, lGs.; f.m. owes in i -lamb, 10s.; forward ewes, Bs. 7d.; yearling . 'steers,'2os.; store cows,-255. to 335. 6d.; forward cows, £2 2s. 6d.; cows in calf, £Z 12s. GRAIN. .....' IST ISLBCKAM—ritESS association.) '." Christchurch, June 12. The local wheat market is in a very dull state, and eveii if holders, wero willing to sell, buyers are not' inclined to opcrato at the prices now-asked.- With a considerable surplus still available in Australia, and tho new appearance-of the harvest in the Northern Hemisphere, merchants do not anticipate an oxport business from Australia that will be likely to raise prices in tho colonial markets.' - The. recent rains in Australia . havo tended to lower prices tlioro, and in order to obtain-a larger outlet for flour, the price has been reduced to J29 f.o.b. Melbourne. It will probably moan. a reduction in the local price' .of" ttour 'by the! Now Zealand Flourmillers' Association.- • _ Tho oat market is stagnant. The. rainß in ' Australia will no' doubt affect tho 'demand | from there. Local holders of stock, who purchased early in anticipation of a stronger demand, do not see . their way to unload at a loss/ and the;'-bulk of the business is, therefore, still' being done in the South.

■ WELLINGTON' MARKET REPORT. The New Zealand Fanners' Co-operative Distributing Company," Ltd., report as follow;— Maize, os. 9d.; wheat, fowl, 6s; 4d.;, barley,: feed,'-is. to 4s. Gd.barley, cape seed, 4s. 9d.;. maize, crushed, ss. 10d.; oats, 3s. Id. to 3s. 3d.;, oats, discoloured, 2s. 9d.; oats, crushed, 3s. Gd.; oats, seed, duns, sparrowbills, gartons, 3s. 6d.; African Algerians, '4s. 3d. per bushel. - ; Ryegrass, perennial, ss. 6d. per bushel; hay, 10s. to .£6 10s. per ton; straw, X 3 to ,£3 10s.' ■per ; ton; pollard, ■ bran, J27; 10s. per ton, sucrosine,.2oo's 165., 100's Bs. 6d. per bag; prime oaten'sheaf chaff,>£ 6to £6 ss. per ton. Potatoes, table, ,£5 10s. to .£6; seed potatoes, Canterbury "Up-to-dates, i£G 155.; Canterbury derwents, .£6 10s.; onions, <£8 ~loa, to >69. ..Butter, separator. Is., milled lid., dairy pats lid. per lb.; eggs; fresh, 2s. 3d. to 2s. 4d.; proserved, eggs, Is: sd. per dozen; honey, 60's, 4}d.; bacon, sides'B3d., rolls 9Jd., hams, 9}d. per lb.; beeswawx, Is. Gd.; fungus, 4Jd.; walnuts, sd. per lb. ! ' Cabbago, ss. Gd. to 6s. per sack; canliflowor, 10s. per. sack; swedes, 2s. 9d. to 3s. per cwt.; pumpkins, 6s. to 7s. per sack; carrots, table reds, 45.; horso carrots, 3s. per sack. Apples,, dessert', Bs. ~Gd. to 125.;- apples, cookers, ss. Gd. to 75.; pears, dessert, 10s. to 125.; .pears, cookers,' Bs. 6d.Poultry.—Table roosters, 45.; cockerels,' ss. to Gs.; table hens, 3s; 6d.; ducks, 6s. to 75.; geese, 7s. Gd. (all at per pair). Turkey and gobblers,- lOd." to Is. ; hens, 9d. (live weight).

AUSTRALIA AND ARGENTINE COMPARED. ' The Sydney'."Morning Herald" makes the ■following comparison of tho oversea trade of Argentine'and the- Commonwealth. Tho .foreign trado of tho Argentine Republic is put at ,£116,416,000 in 1907, of which' ,£57,176,000 represents imports, and ,£59,240,800 exports. '.Imports,rose by .£3,178,000, and ex- - ports --by, -0n1y.£790,000, but then foreign, ohiefly British, capital was potired into tho republic'.last year at'an almost unprecedented volume.' Compared with Australia, Argentina has a lead as far as imports are concerned, but stands rather badly as regards exports, as the following figures will show:— , " . Australia. Argentina. " Imports ... £651,898,380 ....£57,176,000 , Exports ... 72,913,647 -... 59,240,000 : Total trade ... 124,812,027 ... 116,418,000 The British share in the Argentine import trade. , . was '. ~£19,600,000, and. Germany's .£9,162,200,' but the increase in the value of. British goods sent into the Republic was only i£G2I,OOO, whereas' in the imports from Gerit -wa5.',£1,478,800. Tho United States made mo headway, and France, which sent worth,, suffered a reduction of <8255,200. Of Argentine exports the United Kingdom took .£10,743,200 worth, or <£2,098,400 more than in 1906.. N , The Customs revenue collected at Wellington yesterday amounted to £21<Si 4s. lid. STOCK EXCHANGE SALES. . " (BY - TELEGRAPH—PRESS ASSOCIATION.) Dunedin, Juno 12. The following-Stock Exchange sales are reported Enterprise, 45.; Waiotahis, 45.; New Zealand Portland Cement (2 parcols), 245. DREDGING. (BY TELEGRAPH.—PRESS ASSOCIATION.) Dunedin, Juno 12. Dredging returns: Electric 1, 570z. 9dwt.; Mystery Plat, 50oz. 14dwt.; Masterton, 450z.; Waikaia, 330z. 12dwt.; New Roxburgh Jubilee, ■ 290z. lSdwt.; Manuherikia, 230z.; Hcssoys, 15oz. Odwt. 20gr.; Charlton Creek, 14oz. lidwt.; Central Charlton, 14oz. sdwt.; Kura, lloz. 4dwt.; Koputai, 9oz. 17dwt. wholesale'prices. Laery and Company, Limited, Wellington, report wholesale prices ruling on the market:— Wheat, fowls' ss. 3d. to ss. Gd.; oats, 3s. to 3s. 3d.; seed oats, 3s. 3d. to 3s. 6d.; maize, 55.'6 d.; .crushed malt, Bs. Gd.; Prussian blue peas, 6s. Gd. to 75., fowl peas 4s. Gd. to 4s. yd., all at per bushel; flour,. New Zealand £12 10s., Australian £11 155.; bran, £7 ss. to £1 10s.; pearl barley, .£l9 10s.; split peas, ,£lB 10s.; bonedust, M) superphosphates, £1

NEW ZEALAND PAPER MILLS, : ;• LIMITED. •••■. , (BI TELEGRAPH—PEESS ASSOCIATION.) • Dunedin, Juno 12. , At an extraordinary general meeting of tho New Zealand. Paper Mills,. Limited, to-day, , Mr. W- F. ,Edmond was elected director on the Dunedin Board, and Messrs. T. S. Culling and J. H. Upton were elected to the Auck- . land Board.' , NEW ZEALAND PORTLAND fcEMENT COMPANY. (NT TELEOEAriI—PEESS ASSOCIATION.) Juno 12. An extraordinary general meeting of.tho New Zealand Portland Cement Company was hold to-day to consider a proposal to increase ■the nominal capital of tho company to ,£IOO,OOO by the creation of GO,OOO new shares, reserving 20,000 against unseen but possible future developments, and issuing 40,000 at presont. The object of increasing tho capital is to make additions and alterations to tho plant and machinery, to, increase tho output, and to place tho finances on an easy footing.' It was decided to increase tho capital as recommended. The -shares will carry a dividend according to tho amount paid up.. LONDON MARKETS. 1 BV TELEGRAPH—PRESS ASSOCIATION —COFYIUGHI. London, Juno lli Wheat is dull at Is. to Is. Gd. per ouarter de.cline. An Australian' cargo has been sold at 355. per- quarter. Tho American visible -supply of wheat is 28,993,000 bushels. Silver, 241 d. per ounce. Dalgoty and Company, Limited, Wellington, have received the following cable messages from their London 'house, under date of June lbButter.—The market is firm. The Copenhagen official quotation is 2 kroners (about 2s. 3d.) per cwt. higher. The total imports of butter into tho United Kingdom for week ending June G amounted to 69,000 cwt., as compared with.B4,ooo cwt. for the corresponding week of 1907; showing a decrease of 15,000 cwt. Finest, 104s. per cwt. ■ Frozen meat:—Tho market for frozen lamb ;s firm, without any change in prices. Prices for frozen mutton aro unchanged, but the output is limited. Frozen Beef—Prices are a shade easier.

■ ■ • 1' Bcsene g8 tj.w PBICES. Yield' ' ' OOXBtSY. plw'ffn. w ■« "ty per 32 — : —~ *° ' ' ' Balance ptn > ,, ■ ,. • _ Lank Invonlor. , Forward. p Buyer. Seller. g^j 0i banks. ' ■£ . £ . &■: s. .£$;£' a. e i. a. e «• a. * a. a. New Zoaland ... ,.. ... 2.000,000 61.676 gl' " Si' 10 "819 0 0 3 0 9 0 0 3 14 1 National ... ... ... W 375.000 ■ 835.318. jJ .15 12 S-4 3.563 660 637 . INSURANCE. , ' National ... . ... n w ... 100.000 S49.330 " X nnU3, 15 . ; 1'6 0 1 6 6 . . . ' Now Zealand : ... ; ... 300,000 1196,674 A 8 10 316 0 3 16 6 111 ( 5 I II . Bomb British ... ... ... ... 100,000 174,012" i 1 4» • 10 " ' S16 0 Standard .... '75,000 . 03,366. | : oi: 10. 'l'.'l 8-1*0 FINANCIAL.' Equitable Buflaine ... w 60.000 33,000 5 D 10 .. . . 10 3 0 10 0 0 Metropolitan . Bmlainf ••• . 60,742 : 5,688 in' nil -1 Wellington Invest. _ ... ... £0,000 3.S33 1 4 ■ 6 013 0 Oil 0 6 4 4 Wellington TtubI and Loan ... 101,2a) 44,334 R 5 ■'8 "f l 6 7 11 0 7 0 6 6 7 0 National Mortgaeo ... 200,000 127,740 s . 8 ■ 10 2 18 0 3 0 0 3 0. 0 613 4 N.Z. and Biyer Plate ... ... 800,000 252,000 '1 nil 7 111 6 111 9 111 6 4 811 • Loan and Mercantile ... — 135.223 , 315.133 . J... si - 5 0 4 6 0 4 5 .11 6 8 . ,CAS.-. ,. V'.V::; '.".1 ■' Auckland ... .... W ... ... 1E0.370. ■ 85.463 5 nil' 18 Ohriatohuroh ... ... ... ... 160,000 70,018 5 nil 10 " 10 0.0 10 0 0 5 0 0 "Feildliie - - ••• •- 12,030 108 1 nil ... 019 3 1 0 3 010 6 ! Gisborae ... ... ... 17,800 10,665 1 nil 133 2 9 6 210 0 S10 0 618 0 Hawera ... .... »• 8,250 604 2 i New Plymouth ... ... 18,000 8,169 5 nil 10 ■ - . Napier ; ... ... ... .■ *. . ~ 1 ; 10 nil 15 „ •» - - 40,057 23,184 . 6 5 15 ; V » • - - - I ' , 1 9 15 3 2 6 . Pataerston Hortn ™ ~ 27,000 11,092 a i 10 .VteUingt/in _ ~ ~ 1- 1 1Msra ': "rrrno 10 nil 10 19 7 6 1910 0 19 T 6 5 3 3 ■: ■ r „ ... _ m4 . .../.to J 1 "' 3iU » wu! > 6 .5 . 10 1010 0 - lilEAX, ' ' Canterbury . ■ » KI w- 1S3.77I 82,686 71 Si 8 ' 8 0 0 Clxrigtoliurch ... ... w w 165,920 77,642. 10 nil 8 10' 2 6 10 5,0 10 T 0 T14 I Gfi&r-... ... *... ...» w L onnQQ 26 2S1 1 1 2 9. 0 310 0 290 620 , „ ... ... .... w. • *. f ' - 4 6 ' 12a 015 0 10 0 0 . freffincton Heat Export — — j 6 ' nil 8 . 612 6 . , . „ „ ... „ .. w V 105,766 63,767 4 1 8 620 68066 8 ' „ -ii . .. i.' J £8 53 .'• 8 3 5 0 3 5 0 6 9 3 xtvnexavi „ „ , >.< 45,850 10,315 .5 nil _8 , : .. TRANSPORT. ' W". and M. Eailway ... ... ...' 170,000 121,452 I 4 7 2'8 0 '2 8 6 2 0 0 3 17 *2 h.Z. anippins ... ... ... ... 473,840 110,760 s nil 5 6 18 6 10 3 10 Union bte&m ... ... tfiO.OOO 361,917 1 nil 7i 114 3 115 0 ,Vet». bu-aia Ferry ... — ' 40,250' .65 j nil '6 . - 1 . COAL. ' 'Wenport ... ... ... ... «. ' «M0O U7.215 3} ' li 12i 6 18 0 6 18 6 0 6 4 taupiri.... ,... ... 65.000 .6,339 i- nil 7i 1 0 0 0 19 6 7 14 0. WOOLLEN. ; ' ' ; Kaiapoi .... ... . ... - ... ... lOO.CCO . 32,854 . 5 nil 6i _ . l£oagicl '... ...; ... ... 1 ... :' &3,457 17,212 3| : 13 4 3 1 0 4 12 0 Wellington' ...■ ... . to 82,925 ;SW68" i 1 6 3 7 0 S 9.0 3 7 0 7 3 3 . BISCELLAKEOUS., ... Donashy Bope ..... '23,500 .' 181 6 nil 6 14 0 Leyland and O'Brien ... w S5.DOO 27.761 1 nil 15 - >30. ■' Jlaurieerille Lim© . ... 7,000 205 '.1 nil ' 8 MX Oandla ... ... ... 10,£00 . ; 816 10 - nil 8 • Brass" "... ... .« - 500,000- E6.730 2 nil 7 2 10 0 ill D 2 11 0 6 8 0 K.Z. Paper MiU> ... ... ' ... 91,775. 1,532 1 nil 7 1' 1 9 1 2 3 ' 1 3 0 N.Z. Cement ' ... ... ... ... . 40,COO 2,048 1 ' nil — ■ ' Wanning and Oo. ... ... ... 06,000 37,670 4 1 10 - 3 14 0 Ward and. Co.. ... ... ... ... £0,000 30,655 4 1 10 4 15 . 0 5 0 0 4 15 0 8 '8 t Wgtn. Opora Hou33 ... ... ... 18,630 1,705 6 nH 1^4 Wetn. Fresh i'ood ... 28,261. ... l nil ... - ..Vhitcombs aua Tomb3' ... . ... 46.250 30,156 5 nil 19 '480 giarlttnd. Ltd. „. ... ... ... 4b,616 9,311 . 1 nil 7! 019 0 1 0 0 919 8 ' 714 0

£ s. d. <£ s. d. £ s. d. Waiii ".w'- w9 3 0 9 4 6 9 3 0 Talismans ... 2 6 3 2 7. 0 • N.Z. Crown ... ... 0 6 0 0 0 5 — Komata Reefs'(cum) . •' — 0 1 4 'fairua Broken Hills 0 3 0 . 0 3 2 — Kgatiawa ... — 0 1 0 ' • Big Eiver — 1 4 6 — ■ Tangiaro ,. ••*' ... 0 19 -0 I'll.. 0 19