COMMERCIAL.

Dominion, Volume 1, Issue 265, 1 August 1908, Page 8

COMMERCIAL.

THE SHARE MAEKET. ; Thero was.no break in the dullness ininvestmcnt shares, for thero was nonbusiness done jostorday. The quotations also were comparatively few. National Bank shares, buyers Xo Is., sellers £5 2s. j Bank'/of New South Wales, buyers '-J645 ;ss.j. Wellington Trust and Loan, buyers JB7. 75.';:,-National Mortgage, buyers, "£2 19s. 6d.;-New Zealand Loan; and Mercantile, sellers 4s. 3d.Christchurch Gas, buyers £t 17s. Cd.; Eeilding Gas, sellers 19s. 9d.;-National Insurance, buyers 275. 6d.; Standard Insurance, buyers _225., sellers 235. 9d.; Gear Meat, £4 .paid, sellers £10 ; Wellington Meat Export, third issue,' sellers J!3 55., cum. dir.; New Zealand . Shipping, buyers >C 6 35.. Sd.j; Union lers £G 12s.' 6d.; /Wcstport-Stockton Coal, sellers,' 10s.; Leyland-O'Brien Timber, sellers £2 3s: Cd.'; New_Zealand Paper Mills, buyers 225. 9d.; Tarnnaki Petroleum; sellers ss;; Ward'and Co., brewery shares, buyers £4 17s. Cd.. Reviewing the market for investment share's during; the past month it must bo admitted that business was extremely dull. Thero were days'and days when no sales were made, and the sales reported only , amounted to fifteen' Beparate 1 transactions. Tho course of sales was as under:—' ■ ' National-'Bank,-~£s 55., cum dir.. - ■ ' : Wellington : Investment, lis. 101 d., lis.. 9d., lis 9d. Wellington Trust and Loan, «£7.7 a. Cd., £78s. New Zealand Loan and Mercantile, 45., 45., &•' : l'almerston North Gas, £.7 Gs. Timaru Gas, £3 14s. Now Zealand- Insurance, £3 15s. .. / Paparoa Coal, 20s. > '.Wellington Woollen,' ordinary, £3 Bb. - • ' ;D-I.C.', preference,. £l 2s. Sd. , THE MINING MAKEET. V."' f Yosterday business was done in Talismans at £2.Gs. 9d., Waihi at £9 3s;, l'angiaro at Is. | ■ Bdi, Tairua Conqueror, 3d. paid, 10-id;;; Gd. paid, lid. Tho market was moro active than on tho previous day. Tho quotations were as ' under:—; ;•; ■ • ~ . • Buyers. - Sellers. Sales. \£s. d. £ sfd..- £s. d. Talisman 2. G G 2 7 0 2 G 9 Waihi ... ... 9 2 G 9 356 9 3 0 Tairua Broken Hills 0 2 9 0 3 0 r-r Tangiaro .... .„ 0 1 7 0 1 9 0 1 8' Tairua Conqueror, . 3d. paid ... ... 0 0 9 0 011 0 0 10J Tairua Conqueror, . Gd. paid ... ... 00 10 01 0 00 11 . Big Eiver ..; ... 1 10, 3 — ' ;— ■ During tha past month Talismans witnessed tho most activity, no less ,than forty-three transactions being reported; Tangiaros came next with seventeen sales, then Waihis with eleven, • 6ale. The business in other shares wes trifling. The course of sales was as under:— - Talisman, 4-ls.' 9d.i 455., 465., 465. 3d., 4Gs., 465., 4Gs.Y 465.,'465. 9d„ 40s. 6d., 4Ga. 3d., 4Gs. 3d., 455. 9d., '455., 4js., :445. Gd., 445. od., 455., 455., 1455., 455., 455„ 4-5s.V 3d., 455., 455., 455., 455. 3d., ,475. 6d., 475. 9d., 475. 6d., 4Gs. '6d., - 47.,'465. Gd., 465., Gd., 465. 9d., 475„ 476. Sd., 47s' 3d., 475. 3d., 475. 6d., 475. 3d., 475. 3d., 401. i 9d., 16s. 9d„ 463. 9d. , " V: Tangiaro,: Is. 6d., Is. Gd., Is.'4d., Is. 4d;, Is. 6d., ls. Gd., Is. Ujd., Is. 7d.,15. Gd., Is.-7d., Is. 7d., Is. 7d., Is. 7d'., Is. 7d., Is. 7d„ 15."7 d., Is. Sd. j Waihi, £9 25., £9 25., £0 2s. Gd., £9 ls„ £9 • Ss;.9d;, £9 25., 25., £9 ls;,: 'iE9 -4s. Gd., £9 3s. - , - / ., : -- r -- - , - Now'- Zealand 'Crown, Gs. 2d., 6s. 2d., Gs. May Queen,' 2s.«•'\: ', L ' Kuranui Caledonian; 91d. ; • > Waiotahi, 3s. - Ngatiawa, 10d., lid., 10d.' : Karangahake, Sd. Tairua Conqueror, 3d. paid, lOld.. Tairua Conqueror, 6d. paid, ifil. Mt. Lyell„3os. ' ' Blackwater, 20a., 215..3d., 21s. Gd. Big. Eiver, 255. - ' Consolidated Gold, Fields, 15s. 9d. CUSTOMS EETUKNS FOK JULY. Tho'Customs-'revenne and beer duty collected at Wellington 1 last month'amounted to J!81,988 55.-7 d. and 15s. lid. respectively. Tho \ corresponding-figures for 1907 wert:—Eerenne,: .£75,668 ss. 2d.i and beer duty, >61174 ss. Yesterday the-daily total for revenue collected : was .£8905 os. 7d. -, : ; DEEDGING. (BY TELEGBirn—ri-FSS ASSOCIATION.} Duncdin, July 31. .Dredging returns:—Koputai, 7Goz. -'17dwt.; Masterton, 530z. Bdwt.'; Mystery Plat, 50oz. 4dwt.'; Lady. Eosbnrgh, 470z. lOdwt.; Waikaia, 230z. ldwt.;. Central Charlton, 22oz.■'lldwt.; Chicago, 19oz. lsdwt.; Hartley and Eiley, 19oz. 9dwt.; . Muddy Creok, 14oz. Gdwt.; Kura, 12oz. 15dwE.; Clutha' River, lOoz. 9dwt. '.

GOLD RETURNS. CBT TELEGRAM—PEESS ASSOCIATION.) ' Auckland, July 31. During the past month the gold returns from tho Auckland district • mines riached a total, o'f . ,£105,281 15s. 3d. ; This .'shows a. slight decrease compared -with the output for June '(<£107,869 - 63.'' 3d.), and was exceeded in the corresponding month of last-year, when the total returns amounted to £114,2-13. On ; tho present occasion-the Waiotahi return has riot ' come to. hand, which would account for most of the difference , between the Juno and July totals.. The. past month's 'returns'are-.made up "as. follow:—Ohinemuri, J5102.537; Thames, <£1951 3s. 6d.; Coromandel, ,£493-lls. 9d.; total, 2105,281 15s. 3d. .. ..; : TAIISMAN CONSOLIDATED. The Talisman Consolidated, Ltd., report as follows- for fortnight ending Juno 13, 1808:— No. : 10 Level.—Stopiug: The values from tho No .1 Bonanza Block stopes average 13s. 3d. The: payable ore in this jjlocb is nearly exhausted. No. 11 Level.—South Drive: Advanced, 30ft.; total, 13Si£t. . Width of reef formation, 18 inches. Average of. assay, Is. ' No. .8 Crosscut- Advanced, 35 feot; total, 114 feet. Ground shows no change. Stoping: The values from stopes off No. 5; rise average. £1 4s. Sd.; the values from stop'ea off No.. 10 rise average J9j. . M. ; ■' ■ ° No. 12 LeveL—South Drive:. Advanced, 1G /' feet ; total, 729 feet., Owing to tho ground being soft and broken it requires dose, timbering. No. G Cross-cut: Advanced Co feet; total, -236' feet. Ground-somewhat harder and showing small stringers of quartz. - Stoping: Tho assays from No. 1 North block stopes averago £2 25.,8 d.; the assays from No. 2 North block stopos'; average J1 Is. Bd.; tho assays from East Vein stopes-off No. 7 and 13 rises ,avorago .£1 lis. 2d.; tho 'assays from stopes' off No. 5 rise averago <CIG 10s. Gd.; tho assays from atopes off No. 12 rise average <£14 os. 2d.. •No. 13 Level.—No. 12 Rise: ' Advanced 25 feet'; total, 91 feet; width of reef,'4s inches; /, averago of assays, 19s. Id. Stoping:' Tho average of assays from stopes off No. 1 North rise is £1. 17s. 3d.; The. following cablo has been forwarded to London by the Company, dated July 31:—No 11 lovel south, 7 foet. No. 12 level south, 27 feet; No. 12 winze, at 414 feet south, progress 14 feet, reef wider than ridge; assay valuo fl°- 13 level: No. 12 rise, 12 fe«t, roof 2 feet; assay value,-..£3 Is. Cross-cut west, 466 feet south, commenced drive ■ north, - progress O feet; reef,-,42 inches; assay valuo, ,£22.bouth drive, progress 5 feot; reef, 57 inches; assay value, £15 7s. Cd. '.WELLINGTON MARKET REPORTS "" " The Now - Zealand Farmers' Co-Onerativo Distributing Co., Ltd., report as follows — Maize, 55.; wheat, fowl, 4s. 9d. to 55.; barley feed, 4s. 3d; barley, Capo seed, 4s. Gd.,- maize' orushed, ss. 6d.; oats, 3s. Id. to 3s. 3d.; oats' discoloured, 2s. 9d.; oats, crushed, 3s. 6d • oats, seed, duns, sparrowbills, gartons, 3s. Gd' Africail Algerians, scrconed, -Is. 4d. per bushel.: ' < '■ '

Ryegrass perennial, ss. Gd. per bushel; hay, £i 10s. to iCG 10s. per toil,• straw, £3 to £3 ss. per ton; bran, £7 per ton; sucrosino, £7 10s. per toil; prime oaten sheaf chaff, £6 per ton. .. Potatoes, table, ,£G to £6 ss. per ton'; seed potatoes, Canterbury Up-to-Dates, ,£G 10s.; Canterbury Derwents, £S 55.; Red Beauty of Hebron and Early Rose, JIG 10s. per ton; Victory,' £5 10s.; British Queen, £7 10s. per ton; onions, .£ll. ' Butter, separator Is. 2d., milled Ib. 2d., dairy pats. Is. 2d. per . lb.; eggs, fresh Is.-Bd. to Is. 9d., preserved, Is. 4d. per dozon; honey, 60's, 4Jd; bacon, sides 83d., rolls OJ(L, hams CJd. per lb.; beeswax, Is. Gd.; fungus, 4£d.; walnuts, 41d. per lb. • ' ' ' , Cabbage, 7s. Gd.'; cauliflower, lis. to ( 17s. per Back; Swedes, 2s. to 2s."Gd. per cwt.; pumpkins, 7s. Gd. per sack; carrots, ta.bla reds, 4s. Gd. to ss.'; horso carrots, 3s. per sack, r Apples, dessert' 10s. Gd.; apples, cookers, Gs.; pears, dessert, 14s. to 165.; pears, cookers, 10s. Poultry—Tablo roosters, is. Gd. to 55.; cockerels, ss. to Gs.; table hon3, 4s. to ss. Gd.; ducks, 7s. 6d. to Bs.; geese, 7s. Gd., all at per pair; turkey gobblers lid. to Is.; hens, 10d., live weight. LIVE STOCK SALES. .'Messrs. Dalgety and Co., Ltd., report having held their Ekotahnna sale yesterday. Entries came forward np to advertised numbers, and all sheop sold well under, tho hammer, but cattle were dull of sale. They quote:—2 to 5-year-old ewes in lamb, to 225. Gd.; cull ewes in Urnb, to 7s. Gd.; enipty ewes, to 6s. Id.;

good forward - wethers', 145.; poorer sorts, Us. 4d.; lambs, 7s. to Bs. Gd.; cattle, fat cows, £4 10s.; light fat bullocks, £4 10s.; dairy cows, to £5. ~, .<

Messrs.- Dalgety. and Co., Ltd., report that at thoir Feildin*-sale yesterduy they had a fair. yardirig ;of - both sheep and cattle, practically all .of;; which were disposed of. Xwo and four-tooth wethers mado Us., 10d.'; 5-year-old, owes jn. lamb, 10s. lid.; mixed hoggets, 9s. Gd.; springius cows, ~B; springing heifers, small, .£2 18s. r flJ. - A special lino of dairy cows" on. account,"of, Mr. T. Heayns, Cheltenham,'. met -with ■ spirited competition, and sold aVfrom "£G 10s. to .£3 17s. fid. A lino of 21 dairy cows averaged "£7 ,'ls. Cd.

. Mr. Newton ; King supplies tho 'following :woekiv-auction report dated July 29:— „ At Kaponga".oh Friday, July. 24, thoro was a good yardinff, principally t atore con's and springing heifers. Steer oiilvos mado 18s. Gd.; yearling,: do, 80s, 6d. ;~ heifer do, 16s. 6d. to 21s; store cows,"J!2"to. '£2 '3s.'; forward do, £2 15s. to X 3 Bs.; 2-year heifers iii calf, £2 15s. to Z3 35.; . springing-!'db? -£3 10s.' to ss. The same.day.at, Upper Hastings Eoad I held a clearing sale on account of Mr. A. J. Herbert.-' Early calvers-made to i! 9 155.; late do, £3 10s. to i! 5; .afed do, £2 lfl«. to £2 155.; yearhnr;" 175.; trap .horse, £2!). , ■ On- Monday at Tariki I hold a clearing sale :of. W. V.' Harkness's grado Jersey, and other, cows. . Grade- Jerseys, 18-montlis heifers, £i 15s. to £8 10s.; grade cows, August and September calves, .£'3 ss. to o£ll 10s.; later dates, M 10s.' to £7 10s.; . pedigree Jersey heifers in calf,-' £24 10s. to £35; pedigrco Jersey 2-year bulls,' 24 to 36 guineas; yearling do, 15guineas. Tho 'samo day at'Oakura, Messrs. Sovton Bros/, cloaring'sale was well attended, and good prices woro roalised . throughout. Dairy cows niadoV£4:'to '£7;18 'to 12 months heifers, M2s.; mixed- calves, [~18s; Gd.; 18 months Shorthorn bull,, £Bj l f. m. ewes, 6s. 9d.; trap mare, £2\ 10s.> ui'ibrokon draught colt,- Jl9; filly, £12 10s. ;/At. Stratford-on Tuesday, my fortnightly 6ale was Tvoll"attended. All young cattle andstoro cows-were in good'demand, and sold at full ruling fates.-. '.'Calves made, 18s. to 245.; mixed yearlings; 315,; steer do, 355., 18 months heifers, 30s.* 6d;; ■ store-'cows, 295. Gd. to 475. Gd.; forward do, 555. to £3 195.; dairy cows, £3 to /18; Bpringing heifers, .€3 Os. 6d. to £4.155. ■ The'same day-at-Gordon Eoad I hold a clearing sale on .ace'onnt. 'of Mr. W. Harris. Early calTeri 'made £5 ss. to £9 3s.j backward and unotrtain-dates, jS3- to £4 ,10s.;■ at»res, £2 to £i Ids.; breedinj cows, £i ss. to £3

15 On Wednesday at Okato I hold a clearing salo on ; account of Mossrs. Gill Bros. Tho cows wore mostly-.young, but unfortunately tha majority, iwera...backward in anpearance, and these--consequently, sold at -rather lew rates. •Early' calrers sold well, tho top price, .tl4 10s.; being for a good-looking grade Jorsoy; August calvers-mado i7.-.to, £14 10s.; September and later £' to 10s.; storo cows, 375. Cd. to 503.; IS to 20 months ompty heifers, 325.; grade Jersey do, '505.; 3 to 31 year bullocks, £4, 55.; 3 year steers, -i 2 to .€2 165.; draught horso £25. On account of other vendors, springing hoifers made £4 155.; breeding cows, £3 10s.; .unbroken draught celt, £13,155.; 2 year filly, il2 Wi.; yearling colt, £7 10s. Tha same day 1 held a clearing sale at Stratford :on 'account of Mrs. E. Sharrock. ■ • Early calvers made -£7 to £9 55.; backward, and late do, £3'ss. to £G 10s. ;12to 18 months heifers, empty, 295; to 385.; weaners, 10s. 6d.; sow, £3 155.; • sundries sold at low rates.

, The - New ; Zealand. Loan and Mercantile Company,"Feildingr report:—At Mr. A. Tapp's clearing* sale,.there ; was a fair-attendance of buyers, and a .successful sale-resulted. Early calvers matlo up 10s., the line averaging ,G5 ls. : at Kimbolton. on Tuesday. Thcro was a fair yarding of a small one of cattle. Competition wasrrfairly brisk, and a good number of the lines 'which came forward wero sold. Six-tooth ewes'in lamb, 145.; fnll-mouth ewes in lamb, 12s. Gd.; 2-tooth wethers, small, 10s. Gd.; wether' lauilis, Bs. Gd.; mixed lambs, 7s. 6d. to Bs. . At Feilding on Friday wo had a. good entry of sheep and . a small: yarding of cattle. _ Com•petition for sheep was not quite so brisk as last week,', but'-we', succeeded in clearing th» ..wholo of onr; entry.;., Cull, lambs mads is. Sd. to is.; mixed lainbsi Gs. Id. to 9s. Sd.; empty ewes, 7s. 3d.;' forward ewes, 11«. 2d.; wethers, 10s. Gd.i lis. Id.; wether lambs, Bs. Id. to. 9s. 2d.; ewe lambs, ■ 9s. 9d.; store cows, 28s. 6d. and £.% lis. . r V HIDES, -SKINS, ETC. ' Mossrs. Dalgoty and Company, Limited, held tlicir fortnightly eala of wool, ekins, hides, and tallow yesterday, a lengthy catalogue of all classes being submitted to a good altendanco of buyers. Tho domand-for all classes was about on a par with last sales, excepting for salted skins, for. which an easier tone prevailed. They quote as follow:— Wool—Crossbred,'" 4id. to' 5Jd. per lb.; crutchings, 3d. to 3'Jd.; inferior, l}d. to 2Jd. ' Sheopskins —Full-woolled crossbred, did. to 5d.; inferior, 3{d. to 3;d.; crossbred dead ami broken, 2kl. to 4d.;! crosSbrcd short, 2Jd. to 3Jd.; crossbred, seedy 3d.; crossbred halfwools, 4d.; crossbred hoggets, 4-Jd.; crossbred lambs, 5Jd.; crossbred lambs,- shorn, 3Jd.;. halfbred, sd. to s*id.; halfbrcd short, 3d. to 4Jd.; crossbred polts, 25d.; crossbred, ds.mp, 2s. Id. to; Bs. 9d.; cressbred, damp broken, Is. Td.j crossbred salted,■ ts. 10d..t0 9s. id.; inferior' aid broken, Is; !d. to In. Sd.; wilted lambs, 2s. '3d. to 2s. <kl.; inferior, 1». Sd. Hides. —Ox, 71 to 821b., 5Jd. to Bid. per lb.; 54 to 611b., sd. to 5-jd.; 53 to 531b., tW.; cows, 60 to 651b., 4d. to 4fd. per lb.; 48 to 521b., 3jd. to 4jd.;; 36 to ,441b.,. 3Sd.-to 4}d.; slippy, 3d.; steers,'3llb., SJd;; calf, 5 to 71b., s>d. to 5!d.; liib., 3 j jd. per lb. " Tallow.—ru' : 'c'asks,"',£23-to '£33 10s. per ton; kegs arid tins, 21s. 3d. to 21s. 9d. per cwt.; rough fat, Ss. to'-ISs!' per cwt. .

Messrs. Levin /and Co., Jjtd., report as fol. lows-regarding yesterday's sale:—We.hold our fortnjphtly : sal«" to-day, offering 35 bales •woo],-'2OOO skins,' 850-hides, and a quantity of .tallew and 'horsehair. Wool.—Thero was good competition and buyers operated with more confidence at advanced prices in accordance with better tone in London. We quote:—Medium.crossbred, 4d. to. 53d.-;-.inferior, 2d: to id.; lambs' wool, 4d. to'sd. ; pieces and "locks, ■ Id. te 2d.; pood crutchings,: -4d. to 4Jd.; medinni crutchings, 3d. to 4d.; seedy and inferior, lid. to 2Jd. . Skins.—Market showed an advance of one halfpenny 'for. all ' classes. Wo quote:—Pine crossbrods, 4d. to s|d.; crossbrcd, id. to 4Jd.; dead skins, 2d. to'3Jd. > dead hoggets, 2d. to SJd.; dry pelts, Id. to 3d.; lambskins, 3d. to Sd.;. green pelts, 2s. to 3s, Sd.; green lambs' woolly, 2s. to 3s. 4d.; green lamb pelts. Is. to 2s. : _ , ' Tallow.—Firm. Parcels in shipping ordor, .£23; tins, <ElB to ,£2l 10s.; rough fat, .£lO to £13, Horsehair.—ls. to Is. 3d. per lb. Horns, ss. to 17s: Gd. per hundred. • Cowtails, Is. 4d. to Is. Bd. per dozen. Hides.—Easier in sympathy with oversea markets. Ox hides—Prices for heavies fell {d.; medium, {(1. Cow hides steady. Wo quote:—Ox hides (heavy), s}d; to s|d.; ox hides (medium),'sd. to 5Jd.; ox hides (light), 4d. to. 4fd.;. cow hides, 3Ad. to 4d.; ciit and slippy hides, 2d. to 3Jd.; stag hides, 2Sd. to 3d.; bull hides, 2d. to 3d.; calf, best, 4d. to> 6|d;; calf, cut and elippy, 2d.'to 3d. Messrs. Murray, Roberts and Co. report as follows;—Wo"p.ffered. 110 bales wool, 2-100 skins, and 300 hides. There was a large attendance of buyers,. and bidding was most animated. Prioes all \round' .'ruled -firm at lust aalo's quotations, light- hides being slightly in sellers' favour. There wore several nice parcels of crutchings in light condition offered, which elicited stray competition. . Wool.—Crossbred, fine and halfbred, SJd. to rijii. per lb.; crossbred, medium, 4jd. to S|d. per lb.; crossbred," coarse, 4}d. to s}d. por lb.; iambs, light, clean,:sJd. to sjd..[ior lb.; lambs, medium, 4Jd, to 5d.-per lb.; bellies and pieces, 2Jd. to 3Jd. per lb; crutchings, superior, 4Jd. to 4UI. per lb.; crutchings, medium, 3}d. to 4d. por lb.; crutchings, 6eedy and dirty, 2Jd. to 3d. per lb. • Sheepskins.—Crossbrcd, medium to fine, Sd. to skl. por'lb. ; crossbred, coarso, 41d. to Sd. per lb.; crossbred,- 1 short, 3Jd. to 3Jd. per lb.; iambs, superior, sd. to Ski. per lb.; lambs, medium to: coarso, 4Jd., to 43d. por lb. j damaged pelts and skins, 3d. to 4d. per lb.; crossbrod, green and salted, 3s. 3d. to 4s. Id. each; lambs, green and salted, 2s. to 2s. 9d. each. . Hides.—Ox, heavy, GJd. to SJd. per lb.; ox, medium, 4jd. to 5Jd. per lb.; ox, light, 4d. to 4-1(1. per lb.; cow, medium, 4d. to 4Jd. per lb.; cow, light,- B}d. to 4d. per lb.; calf, sound, 45i1. to 5Sd. p'er lb.; calf, damaged, 2d. to 3id. per lb. . . Tallow.—Tallow in casks, 21s, Gd. to 235. Gd, por cwt. ...

Mossrs. Abraham nnd Williams, Ltd., report on their sale held yesterday as follows:—Wo offered a good catalogue to a largo attendance of buyers. Competition was keen throughout, and wool and skins sold at an advance on last salos priccs. Hides remainod on a level with last-quotations..,. Wa quote:— Skins.—ls. 4(1.; wool, crossbred, 3!d. to 3Jd.; crossbred, wools, 4Ju. to Sd.; fino crossbred, fijd.; shorn lambs, 3.? d. to 4Jd.; dead, 3!d. to 82d.; short inferior crossbred, 2}d. to 3d.;" butchers' half-dry, 2s. Gd. to .Is. Gd. to 3s. 9d. to 4s. Id. to 4s. Bd.; seedy lambs, Is. Bd. Hides.—Ox; heavy,'sJd. to Gd.; medium ox, sd. to 5Jd.; light, 4Jd. to 4Jd.; cows, heavy. 4UI. to 4'd.; medium and light, 4d. to 4}d.; bulls, 2Jd. to 23d.i yearlings, 3jd. to 43d.; calves, sjjd. to sjd.; damaged, 3d. to 3jd. Horns.—7s., to Us. per 100. Tallow.—ln shipping order, 235. Sd. per cwt.

Tho Now Zealand -Loan and Mercantile Agoncy Co., Ltd., report as follows on their salo yesterday:—There was a food attendanco at our sale to-day, when wo offered a large catalogue of skins and hides and a small lot of wool aud tallow. Prices were about a farthins higher for wool and skina, and a good demand was experienced for hides and tallow at late rates. We quote:— Wool.—Good bright crutcliings, 3Jd. to 4Jd. per lb.; medium crutchings, 2jd. to 3d.; seedy and inferior crutcliings, 2Jd. to 2Jd.; crossbred fleece in bags, 3Jd. to 5d.; dead, 4d. to 4Jd.; lambs, inforior, id. to 4}d. Sheepskins.—Crossbred, 3J-d.' to 4Jd.lambs, medium, 3}d. to i{d.; pelts, sound, 2id._ to 3Jd.; damaged skins, Id. to 3Jd.; green skins, to 3s. 9d. each; salted pelts, bare, to Is. sd. oach. Hides.—Ox, heavy, sd. to s|d.: ox, light, 33d. to i 1 d.; cow, heavy, 4}d. to 4Jd.; cow, liglit, 3}d. to 3d.; calf, sound, 4Jd. to s|d.; calf, damaged, Id. to 31d. Tallow.—ln • casks, butchers' mixed, to 233. 9d. per cwt.; in tins, to 20s. 3d. per cwt. LONDON MAEKETS., Messrs. Dalgety and Company, Limited, Wellington, roport having received the following cable messages from thoir London House undor date of July !0:— ... Butter.—Tho Copenhagen official quotation is unchanged. The total imports of butter into the United Kingdom for week ending July 25 amounted to 100,000cwt., as compared with 99.000 for the corresponding week of 1907, showing an incnt-aso of lOOOcwt. The market for Danish, butter is weak, and the utmost value is 120s. per cwt. Prices for New Zealand butter are -unchanged, and we quote from 114s. to HGs. There is no Australian butter on the market. Owing to heavy arrivals from the Continent and Siberia the market, is lower by 2s. to 4s. per cwt. Wo oxpect a further decline in prices, believe that tho present state of things will not last, and that recovory is probable in a few weeks. Frozen Meat.— I Thero is a fair demand for lamb. Demand for mutton runs principally on finest qualities. The market for beef is firm, but there is not much demand. Our quotations for New Zealand descriptions are:— Prime crossbred mutton, Canterbury heavy, SJd.; licht, 4£d. Prime crossbred mutton, North Island, heavy, 3d.; light, 3jd. Prime crossbred lamb, Canterbury, heavy, ofd.; light, 55d. Prime crossbred lamb, North Island, heavy, sjd-i lieht, Sid. Prime os beof, fores, Sid.; hinds, 35d. The hot woithor prevailing is limiting business. Sheop Skins—Combing merino: Since our Inst advices prices aro higher by Jd. per lb. Other descriptions aro unchanged. ■ Tallow.—Poor demand for tallow at unchanged prices. Thero will bo no publio sales of tallow next week. LONDON WOOL SALES. (BT TELEfIBAPII —PRESS ASSOCIATION— COVTRIOnT.) London, July. SO.'The wool market is animated. Prices for all sorts aro unchanged. SHEEPSKINS. Messrs. Murray, Eoberts and Co. liavo received tho following wool market cablegram from thdir London house, Messrs. Sanderson, Murray and . Co., dated July 30:—"Merino sheepskins: Market advanced }d. lb. Other descriptions of sheepskins show no material •change." , The Now Zealand Loan and Mercantile Agoncy, Company, Ltd., this morning rocoived tho following cablegram from its London house, uuder yesterday's date:—"Sheepskins—Merino combing have advanced id., market active," • .

BANK OF ENGLAND RETURN. OT TELEGRAM—PRESS ASSOCIATION —COPTEIGHT (Rec. July 31, 8.45 p.m.) London, July 31. The Bank of England return issued for tbo week ending Wednesday, July 20, is as under; Issue -Depabtmeht ■ Soto Is3na ... f5i.012.CC0 Got. debt £11,015,000 Other securities ... 7.454,000 Gold 35,693,030 £54,042,000 ' £54.012,000 ' Basking Department. rropriotorc" Govt, socurlcapital £14,553,000 ties ... £15,047,000 Tnblic Other Eecuriposits .„ 5,845.000 tics ... 28,644.000 Other deposits ... 45,074.000 Notos ... 21,5:3,000 Best, 7-day ... . ' andotllor Coin ■' .'•»• 1,523,C0D bills ... 3,453,000 £09,028.000 £29,028,000 Tho.leading items of the Bank of England return afford the. following comparison :-^-- This week', last weok. Bast yoar. £ 71 £ £ Bullion 35,593,000 30,128,000 34.510,000 Reserve 26,017,000 at>,753,0C0 24,867.0^0 Kote circulation 29.533.C03 29.4G9.000 29,0*20,000 I'nblic Deposits 5,815,000 6,497.000 8,005,000 . Other Deposits 46,074,000 4C.791.0C0 43.4C7.000 Proportion of ' . rofcrvo lo , liabilities... 50.12 ; .BfcSs ' 46.74 ■ : GOVERNMENT SECURITIES. The following are the latest quotations for Government Securities, with.a comparison of those ruling last week:— Variations . - Frico compared > . lnc ° with ; last week. " ' £ 6. d. 2& % Imperial Consols 8? 17 6 Unchanged 4 ~ N.S/W.1933Jan.-July ... 10/ 0 0 63. lower Si „ N.5.NV.1918 Mar-Sept ... 100 10 0 Unchanged 3 „ N.S.V. 1935 Apl.-Oct. ... 83 10 0 Unchanged 4 „ Vic. 1920 Jan.-July 101 0 0 Unchanged 3i „ Vic. 1921-6 Jan.-July ... 100 10 0 Unchanged 3 „ Vic. IM9-19 Jan.-July ... S9 10 .0 Unchanged 3i „ S.A. 1916 J&n.-July ... 95 0 0 40s. lower 3 „ S.A.HI 6 Jan.-July ... 80 0 0 10s, lower 4 „ QTil9ls-21 Jan.-July ... 105 0 0 Unchanged Si „ QTdl994-30Jan.-July ... ft) 10 0 ■ Unchanged 3 „ QTdl922-47Jan.-July ... 8S 0 0' Unchanged 4 „ N.Z. lG3;May-Nov. ... lOr 0 0 Unchanged 3} „ N.Z. 1940 Jan.-July ... 93 10 0 Uncbauged 3 „ N.Z. 1045 April-Oot. ... 89 0 0 Unchanged Si.. Vf.A.lOilO-IOAIay-Nov ... 9J 0 0 Unchanged 8 „W. A. 1915-35 Alay-Xov ... 85 0 U Unchanged fcj,. Tan. lDtOJau.-July ... v CD 13 0 15s. higher 3 n l'as.l!>2Q-40 Jan.-July ... £3 0 0 Unchanged THE MONEY MARKETS. The Bank of England discount rate is 2$ per cent., to which it was reduced on May 2!l. Short loans are quoted in London at 1 per cent. Three months bills are quotedln London and Paris at If per cent.; in Berlin at 2£ per cent. COLONIAL AND OTHER PRODUCE. Wheat.—The markets are dull owing to continued fine weather and the anticipation of Amcricau shipping new wheat heavily. Cargoes are quiet. Australian August shipment per steamer offoring at 38s. 3d.; per sailer, March shipment, 375." 3d.; August, 38s, Australian on spot is meeting with fair inquiry at 3Ss. to 3'Js. per quarter of 8 bushels.

Flour is firmly held. Patent brands, London, 275. 6d.; Glasgow, not quoted. Buttor.—Tho market is rather easier owing to largo Siberian arrivals. There is no Australian butter offering. New Zealand is quoted at litis; Cheese is firm. White, G2s. to G3s.; coloured, GOs. Sugar.—German beet', SBdeg., 3d; lower at 10s. Sd.; first mark granulated, f.o.b. Hamburg, 2d. lower at 12s. sd. per cwt. Bradford Tojis.—Business is at a standstill. Forties, 10.M.; iorty-sixes, 12d.; common sixties, lsd. lower at 22d.; super sixties, IJd. lower at 23d.; sixty-fours, 24d. per lb. Wool sales—At tho sales the following were tlio average prices realised for the fleece portions of tho clips named:. "Tiraumea," SJd.: "Orui," Bj>d. THE METAL MARKETS. Copper—Spot, 225. Gd. higher at .£SO 155.; three 225. Gd. higher at ,£6O 10s. per ton. Tin—Spot, 10s. higher at .£137 155.; three months, 10s. higher at .£139 por ton. Lead.—7s. Gd. nighor at .£l3 ss. per ton. Pig-iron—ld. higlier at 50s. 2d. per ton. Spelter—Unchanged at £19 por ton. Silver.'—Bar silver is quoted at 24 5-lGd. per ounce' standard.. . GRAIN AND PRODUCE. Christctiurch, July 31. Tho amount of flour coming in from Australia does not show any diminishing quantity. Advice from Auckland i is to the offect that two Craig boats are bringing over for that port 3300 tons, of which 2600 tons aro from Melbourne, and 700 tons from Adelaido, whilo the Maheno, on her last trip from Melbourne, carried 117 tons. Tho Auckland cargoes may bo in fulfilment of contracts. No business is reported in wheat, and at present priccs the South can do all the outsido business in oats, and it is reported that a Duncdin miller has had ft parcel of a grade landed from Bluff at 2s. 2Jd. s&oks extra. Chaff keens steady in pi'ico, but with only a moderate demand. The potato market has declined again on account of 9000 sacks having been landed at Auckland this week from tho Bluff, Oamaru, and Timaru, and 1000 sacks are going forward from Lyttolton. Buyers aro now offering only £3 10s. to £3 15s. The siring demand for. seed is setting in, and tho fine weather of the past , .week has improved the inquiry,