FINANCE AND COMMERCE.

Dominion, Volume 2, Issue 320, 6 October 1908, Page 10

FINANCE AND COMMERCE.

THE SHARE MAEKET. , At. .the!- meeting of the/. Exchange yesterday sales were reported: of- Bank, of Now ■ Zealand: shares-; at--,£B' 10s., and Standard' In'-, surance at £1' 2s. 6d. Bank of New Zealand shares .were at one time selling fit • • about . eigKt'-weeks a sale was made at .£9, and of last week a sale :.at .£B' : . 13s.' 6d ; ;'.was made in Auckland. At ,£8 10s.; v.' the'.sjwres-.-yield just- abbut'4 -pfer ,cent;, T while' on. first' : cTass; ibortgage securities; it is, to obtain *a oloa£;<j( .ger-'stnfc£{ai£dj s&ittetirii&f, more.. With money "at" the high' rat 6s r 'rjiling' Bank of New -Zealand:seem to be,over valued :' at' .£B,' : ,los. There, . werff 1 silUfs'-'Sf ■. Equitable, , Building shares at 25.-- : Bd.; :r Welliiigt6n : .ln-; • vestment at lis.' 6d.', : Welliigtori:.Trust and ; Loan ' at £7 Is., arid Wellington Deposit. and Mortgage, at 95.. 2d..; New Zealand and Bftnir Plate,. £V : 10s'. 9d.; "Christohnrch J Gas,- ', sellers. £9.'165/; Port Chalmers' Gas, seller's : £i 2s'.; cum dividend; National ' Insurance!, buyers i1'75..9d.;-Wellington Meat Export, sellers >£6 lis., /EV and M Is. for the respective issues; Manawatu "Hails,' seller's £Z "i2s. .Gd. r-Wellins;- ■ ■ ton Woollen, ordinary, sellers ss; ; - West-'-port Coal, buyers £6.45. 6d.; D.1.C., preference, sellers, ,£1 2s. 6d.; New.Zealand Drugs,, sellers .<£2 lis.; New Zealand Paper. Mill?,' buy its £1 2s. 10d., sellers .£1 3s. 3d.; Taranaki Petr.o-' ■ leum, buyers 3s. 6d., sellers 55.; Sharlarid's ordinary "and preference,- sellers JBI: THE MINING MAEKET. Sales .were 'reported of Talismans'-at £1 Is.' ■ 6d., and Waihis at .£9 >ls." : The market is slightly, weaker, with a tendency to quietness. ■ " Yesterday's .quotation Si.were.as under:— Buyers. Sellers.'- Sales: ■ ■■-£ s.d.£ sid.' oEs.d. i r Talisman ... .„.-2 13 2 19 2 1 61 Waihi ... ... — ' 9 3 0 0 1 .0 Waihi Grand J'n't'n 113: 9 ■ — 1 > ■•-r t ' N.Z. Crowi ... ... • — 4 .1 .... tt... ■" Tangiaro ■< 0 1 0 — . Big Eiver ... ... 1 12 v 9 .1-14, 0 , : ,1 LiND TEANSiCTIONS. :, . . ■/.' Thff reportof the Lands. Transfers'arid Deeds • . Bcgistration Department' for the, past, financial year, when analysed and compared; affords con-.; ■ siderable interest. The transfers •'during:: the> ' past year werViii, excess of : previous l year V arid the area involved was substantially greater.. , A cornparison -with, previous . years : gives the. i follovriug:— v Town and Year ended suburban. country. March 31. Acres.-;- . Acres. 1905 .'//'.' 5587 1,449,543 1906 . ... 6340 ' 2,056,485 1907- .6683 -' ..2;709,539 -V • 1908 -' ... ' 6678 " 2,939,491 Of the town and suburban property' transferred , last year Wellington district, with 23083 ! acres,', accounts for uiore than a third. - Taknig the,, country. lands:-alone , the . areas transferred inCeacli' district for the 'past' two. yearsvcompare'.as. under.:— ;v, : 1907. " U9OB. District,' . Acres. ! Acres. Auckland- ,443,211.. . 869(465 Taranaki; ... 83,641 129,527 .. Wellington-- ... 418,95') >534.383 • . Hawke's Bay . ... 190,934 '214,128 ■ ■ ■- Poverty Bay - .)/ '210,240 :' '"103,-380' " ~,.'.' r 'Npls6n .. ... 120,915 -,48,608 .Marlborough ... 173,699 ' 91,516 Canterbury :/..: 765,182 . . . . 320,481 ; " Otago ... 152,015 205,077 Southland ... 110,039 • -280,162 ; Westland.. ... 10,707 27,401 AV-V-7" 2,709,539 • 2^924,163 ' The increase, is, thus 214,624 acres,--and-the- ' gam has been wliblly in the. North Island, the South Island having experienced - a- set-back, Canterbury showing the greatest decrease. The 'figures for the two islands.compare as .under - • " : ' 1907/ ; . .1903. Acres. Acres. . North Island ... 1,316,982 1,950,888 • South Island ... 1,362,557 973,275. 2,709,539 2,924,163 In arriving at value,-the report makes-no' i, distinction between- town end country lands, and taking , the fig ifes as they stand, the total values, 'and the average per acre are. shown below:— 1 ' ■'' ■" • Average '•'District., Value, pdracre. . • : £ , ,6 s.. d.. t Auckland ... ... 2,282,592 2 12 6 . Taranaki ... ... 1,068,677 8 5 0 , - Wellington , ... .4,811,848 '.; 7 11 9 Hawke s Bay ... 1,856,100 8 13 4 1 Poverty Bay... .:. 580,348 .5 8 1 Nelson '~'. ..." ... • 202,922 4 3 -G ' • - Marlborough ... ... 200,844 2 3 10 ' Canterbury- ... ' :.. 3,787,148 11 16 0 ' . ' Otago- 1,248,384 6 19 - Southland - ... ... 1,102,008. . 3 18, 8. > ; Wistlarid .... ... 85,270 , 3 . 2 3 9he Canterbury district shows a very high average, nearly doiible what .it ,was" in; the. previous' .year, .ana' it is'. not surprising: therfe fore' that ; the area transferred, has dMlined by_ more-than half.: The Wellington average, is" less by nearly but Taranaki shows an increase of about .10s. The averages for the, past two years compare as.under:— - 4 " • • Average/• Average-':' District. -per'acie." per. acre. r ■ - ' -.1907. ;• 1908. ; .£ s. d. £ s. d/ Auckland 3 0 0 2 12 6 Taranaki . ... ... 7 15 0 8",5 ' 0 Wellington -. 8 10 07.11.-9' Hawkc s Bay,s 11,,0;: ,;."8 13 . i Poyer'ty Bay ..... ...' 2 11 6. -5.8 1 ■ Nelson ... ... ... :i. 7. 9 4 3 6 Marlborough ... 1 .4 ,3 2 .3 10 Canterbury ... ../; 6 0 0 11 16 0Otago ,r.i ....... .5 , 4 '6 6 1 9 ' Southland"' ... ... i 11 0 . 3 18 ' 8 Westland ../ ... 4 8 0 ' 3 2 3 ' • '•at to Miiflbotough, Aopkland offers the

cheapest-lftndr;arid-'6ettlerS'.ar6',b^irig i a'ttraoj:e : d' that; way. lho area transferred in Auckland; last year was, nearly double that. dfjthe-'previ-'; oils"'year." : ..'l*V"_:.i Is.'' ■~' . , ;' ■' .ThS. l 4Verage3''for''the!'wKole : ;bf. New,, Zealand, •and" for each • q£'the* two Islands*, compare as under:— '. ■ . ■ - \>*;..*''• V, i ? V ..**, "19,07. ...: )908.- ... '. per'acre; v ti'er acre! '' "0" ij- ,*.. ; .'" i s.;''d.;'. s.d. / North. tlsland„.-.t ■< ... 9 6 " 6 10 1 '; Soutli'-'lsland'".'..'' ..." '3 12 ; t ''-.S ~V I/" . New Zealand 4 9 4 516 1 Tneitotat amount ,ot mortgage, on. rem estate at ,the':!;end., of -Maroh last,. according to the retiirii, was . the VPellingtoii district accounting for i' 19,970,038, and Canterbury fo"r .£14,307,471. . : :.. GOAL CO., LTD. An .important privafei. 'enterprise connected' with-tlio West Coast will be carried to a successful. isstto" b'j" the!*official, opening -to-day .of the Coal Con'ipaiiy's injnd ftnd NvOrks At' Ngaka'wau, some eighteen miles nofth-east_of Westjort,, on'the Seddonv'ille line of in .1905, this' compa'liy'Stafte'd operations iii 190G, and lias in £ho short. space.' of -'two year's' time completed a large' anioimt of tunnelling, cutting, embankments,.. inclines, rail-laying, find nidchineryerecting, to say nothing of the numerous buildings connected' with the various works; and' great praise is due to Mr. G. H. Broome, managing engineer, and his. still of assistants for; their efforts in the ardous tasks' encdiiri"terediJiih "carrying".-- out th'e : eii-trusted-.ito.'thein.-c,-. - , . ' .

A leading\feature:'in.the. deveiopmont of the mine is-acomplete.-dlectrical installation for r.ll power, pur and it is claimed •that 'tKi's. will- ; be'yie .most up-to-date and bestequipped' riiine in the Southern Hemisphere. In order to.be. in,a. position to cope with heavy ■.Sinofgcfiojf.jordors,,.and.also to_ render tho com--pan} - .t6 ; a extent independent of rough weather,.",conditions .on' tho -Coast,., huge bins , hiv'ev been constructed at the rail-head cap-. able of storing 5000 tons of, coal, and it is .Co'pjeuded that this provision will greatly, ehwhich the • company's .ooal- can be. ; 'placed' upon the market. 1 a view to. the rapid ih'cre'as'e in the. "populatioii of' the Dominion, and' a cor'r'es;Pon'dingly''larger"demand for coal for steam, i.gas; and'-'housohojd purpose's, the company's buildings,- permanent ways, etc., have been cqhs'trhcte'd' :'6h ! ''S(ich a scale as to ' allow of doubling, the "present machinery , plant and rolling stock, -already capable of dealing with a vftry'large output; "at such time,in the future as the expanaon of trade riecessiiates'that step. Thd company tested their property' by driving'; their'- main haulage road of double tracks right-through the property?, three and a half miles: to' the■ outer end of the lease, and have first-class'vcGal I ' right through .of both stean) and .household.' -The company's coal is expected! to "be on : 'the marltet. during .October (the official l opening being to-day), and Messrs. Samuel Brown,' Limited, have been appointed distributing agents for the city and province -of- Wellington;-'.-- 1 :. ALEXANDRA ANTIMONY GO. Private advice from Alexandra' states that thefts, Kas been struck in. thi above mine at , the: low'levels a' heavy lode of antimony, running frotfl 60 to 70 per cent, of the pure metal.In the drive running east and west there is reported to be about 125 tons of metal in sight going one ton to the foot. Everything goes to provo that the antimony is living down, tho metal now showing is, it is stated; superior to this side of the Liiie. 'customs returns. The Cus'tom's "revenue collected at. Welling.ton, yesterday, amounted' to .£1554 Os: 7d.' The, Customs duty collected at Wellington ! for the September quarter . totalled .£232,416 ,17s.- ,3d;, and other receipts, ,£15,320 . 7s. 34, brought the total, receipts up to .6247,737 '4s. tfci. The totals for the corresponding quarter last yeai' £245,445 14s. id.; other .receipts, 65.,9 d.; total receipts, £256,526 Is. ;ld. ' ' .. Auckland, October 5. ' The Customs returns for the September quar. ter show that the. revenue totalled ,£220,648, .being ,£13,335- loss than for thd same quarter of 1907. ~„r. ;■ w,-. ( I,'.MINING NEWS. - -The'- following, -items are taken from our Northern 'exchanged ' manager of the Magnet mine reports that tho north drive on the main reef is passing through favourable sandstone country; but the reef formatioriMs now divided into two branches, which appear to be going away from, qne another..,;. The footwall branch will average 12in.''in thickness of quarts of a kindly .character.' 'During' the week- a tfoiv colours of •gpld were se'en in tho stone., The'liatigingwall portion is of. a. jjjibbly description,'mid by dish 'td'st 'a M fair; prospect-of loose gold may bo ob- : taincd.' /This . part - of the reef will average about, Bin. in' width, and tho manager intends to continiio driving upon it for, some time, as 'by :tlxe„present'itfend of the .footwall branch :it, wyf .be impossible to carry'the two branches ;in the one.drive. Tairiia '"Dawn.'.4-The drive in tlie Tairiia Dawn mine-is now.in a ; distance of 36ft,, and a reef -is' showing in the face, which. give's .a- little .gold ..by spanning with tho dish.., Its size in stringers and all combined is fully 4ft.., 2ft. .of which. is fairly, solid. ... . , Brilliant Block,—Jn the Brilliant Block mine tho-drive to intersect the Brilliant lode has been extended' 25ft'. : ,' making a total distanco of 82ft. driven to date. The country being penetrated is all that can be desired., A small leader cut during the week gave an assay value of 235. per ton. There is still about-30ft. of drive before getting under the outcioo. The

nien- prospecting.on the surface have not, as yet, discovered anything of any special valuo, but dish prospects, are still encouraging. Kuranui-Caledonian.—No. 1 level crosscut in the. Kuranui-Caledonian mine ia still penetrating. country of unfavourable description for gold. The rise on Duko's reef is passing through a. firmer class of country, but thero is little improvement in.tho roof. At No. -4 level a start ,has been made to. drive on a leader which was cut when driving the crosscut for the Cambria reef at about 10ft. in from the Waiotahi crosscut. The leader is Biri. ; wide, and as'' it' appears. to' bo running parallel, with the "Waiotahi crosscut tho manager considers that it will probably prove to' bo v branch of. the Cure, reef that was sunk on near ' the Waiotahi .boundary and produced some'very rich stone when , worked below No. I level. In order . to ascertain whether tlioro are any more leaders comitig into, it at the intermediate- level, • a drive south' along tho hangingwall.of the Cambria reef has been commenced. Fair progress is being made with Nos. ! and 4 stopes,. and li little picked stono comes to'hand, occasionally. • Champion.—There is no change to report regarding the -battery i levol in the Champion mine: ; 'I'lie country remains very, hard; and the contractors' have driven -Bft. -during the past we'efc.',The' winze from -the surface, at tho smithy- level is now connected with the battery level, and there is,now direct connection from the. surface* workings-to the battery. The last 12ft. sunk has consisted' of boulders and clay.. 111 the first intermediate abovo the smithy level 15ft. have been- driven - .on' an. easterly course. There are indications here of picking up an extension of the Champion lode, the water-race. should be completed within 10 days. The suction gas nlant will by then be in'readiness'to give the stampers a trial. Ml the material'required to carry this out is now to-hand. Tho drive on the Champiotv North ■ property'is in a distance-of 118 ft., and values are'contained in quartz stringers intermixed .with'tho country. The general average of the.:whole.is lis. per ton. Tho reef being driven for; is approximately; GOft. ahead.. Kapowai.—The stopes on. If'lsaac's leader in tho Kapowai ,'mino showing no improvement, the mauager .has. removed the men to No. 1 level, where a large block of ground has been stoped out,-and'a little prospecting will be done .underfoot., .-At the intermediate level the drive going east has been extended 12ft., and. it' carries a little ore, which is not payable. The.crosscut in the footwall of. M'lsaac's leader ,ia' in 15ft., and a change has' come in, the prospects now being encouraging. Scandinavian.—The leading slope north of the rise in the Scandinavian mine has been carried forward.lßft., and- the drive timbered up for that distance. The footwall portion of the reef being broken out carries'ore of a liighlyniinerdlised. character, intermixed with* veins of quartz and silica; and " generally looks very promising. . - In the north drive the reef formation is still about Bft. wide, the centre; portion- 'consisting of stringers of. quartz, interlaced with bands and bunches of mineral. The footwall portion of the reef, which is about 3ft. wide, is. carrying ore of a, kindly nature.. manager of the Taihoa mine reports'that very fair progress continues to bo. made'with the advancement of the main crosscut,'which is now in a total -distance of -362 ft. A. splendid class of :country continues to be met . with as the drive is ; pushed,, ahead,' arid, during, tho past week, a nice-looking reef 12in. wide' W£i3-'but;.,bu't',.no.gold was. obtainable by dish ■ test... . No. 1, or, main' reef,; should; be intersected , within tlie. next ;50ft. of driving, provided it.keeps.the same underlie as in the surface . workings'. ; Kirikiri.r—The. low level in the Kirikiri mine, is being continued,'and the reef has improved during the week. Tho lode is now about 2ft. in thickness, is of a more solid character,, and- is showing some nico mineral. There is still a, lot of water- coming from the. face. There, is- also; an improvement in the country, it having beconie much firmer, and is. showing. ; nice,.- mineral .seams. ' "I expect to .meet, with -a further improvement, seeing that ..we have a good stretch of :grou"nd • to drive before w'e-.reach., the; winze . on this reef," says tlio manager. Heavy timber is being placed in as. tlie-level advances, and a further. distance of 10fK : has. been driven.-Over 200 ft. have now been .driven on the line of reef at this levol, and all closely timbered.' Tairiia Conqueror.—ln the Tairua Conqueror niirie the prospecting level has been extended a further distance- of 10ft. during tho week. No. 1 reef has been intersected on tho footwall, and passed through a distance of Gft.,.with no signs of tlie hnrigingwall. A small prospect is obtainable from the borings of the reef, which is composed of a very kindly class of quartz. There is a material.difforenco 'in both underlie and strike of the'i'cef,'- its underlie being 4 in 6, and strike more ivest of north than at first expected. In consequence of this a considerable distance has yet to be driven in the main' crosscut before the intersection of" reef is expected—approximately a further 50ft. from measurements to date, Now that' sufficient data 'are to hand, work has been. suspended in this levol, and the main crosscut will be pushed ahead with three shifts. The main crosscut has been extended 9ft., making-the . distance now driven 145 ft. Some bars Of very mild sandstone have been met with in penetrating the last few feet, and the country generally is of. a good quality. For the purpose of facilitating, the - intersec-•tion;of-NOi-.-l reef a-slight -turn to the "southwest has been, taken in this level,- and under favourable circumstances the' manager expects to intersect tho reof in about throe weeks. Waihi. Extended.—Development work in. the deeper areas of the Waihi Extended Gold Mining Company's property' is being steadily pushed forward, and before long the exploita'tion of a new lovel (No. 5) at a depth of about 560 ft. from tho surfneo will bo undertaken. The shaft for:this level is now down to within about 20ft." of 'tho required distance, and has lately been going through a .good class of. country for the existence of a reef, a stringer having been met with in the. floor of the shaft a day or'two'ago. Everything should be in readiness to commence driving before the.close of tlio present year," and to facilitate the work of opening up an air-compressor plant is to be installed, and two rock drills em] Joyed. The No. 2 reef should be in' hand soon after driving operations are commenced, but, according to the manager, some hundreds of feet will have to be driven in an easterly direction from the shaft before the No. 1 lode is picked up. As advanced upon' going east in the Junction Company's ground at No. 4 level'their lode is disclosing-one of. tho best blocks of pay ore in the mine. At No. 4 level in the Extended the principal work in progress is the putting up a rise on the No. 2 lode, and between the No. 4 and 3 levels a fair.-sized block of milling dirt has been opened up. " STOCK EXCHANGE, (BT IELEGUAI'iI—rItESS ASSOCIATION.) '* . i. • Dunedin, October 5. : Stock Exchange sales: Talisman Consolidated. -.£2 Is. 3d., £2 2s. (two parcels); Waihi Grand Junction, .61 14s. sd. Dunedin, October 5. . Stock Exchange quotations :—Dredging stocks: Alexandra . Eureka, buyers Is. 6d., sellers, 35.; Blackwater (contributing), sellers, 2s. Gd.; Central Charlton, sellers, 7s. ;• Chicago, buyers, Bs. Gd.-; Electric,'buyers 4s. Gd., sellers 55.; Golden Bed, buyers 85..3d., sellers, 9s. 9d.; Hartley and Eiley, sellers, 175.; Koputai, buyers, £1 10s.'; Lady Roxburgh (contributing), sellers, 75.; Masterton, sellers, .£3 Is.; Jlanunerikia, sellers, 155.; New Fourteen Mile Beach, sellers, 55.; Notown Creek, buyers 95., sellers 10s.; Eise and Shine, sellers, £1 lis; 9d.; Waik'aka Queen, sellers, 4s.Worksop, sellers, £2 15s. Mining Stocks; May Queen, buyers, 3s. 3d., sellers, 2s. 9d.; Welcome Quartz, buyers, 25.; Talisman Consolidated, .buyers £2 95., sellers, £2 2s. ■ 3d.; - Waihi, buyers ..£9, sellers £3 35.; Waihi Grand Junction;- buyers £1 13s. 7Jd., sellers,- ,£1 155.;. New Sylvia, buyers, 2s. Bd.' Investment stocks: National Insurance, buyers £1 Bs. 2d., sellers. «£1 95.; New Zealand Portland Cement, sellers, ill 7s. Gd. , NEW BIG EIVEE, . The: Wellington Stock Exchange has received tho ■ following telegram from the secretary of tlie New Big River Gold Mining Company:— "Return for September—From. battery,-100-ioz. -ldwt.- melted gold from GlO tons. Cyanide: '91oz. bullion from 300 tons tailings. Total value: .£4250." ' ' HIGH COMMISSIONER'S CABLE. . The. Department of Industries and Commerce has received tho following cablo from, the High Commissioner; dated London, October 3: — . The mutton market is dull. Trade for all classes lias been very slow, and prices are barely maintained. Tho following are the current, quotations: Light, weiglils,. Canterbury 4£d., North Island 3|d. per lb; heavy weights, Canterbury 3}d., Norlli Island 3Jd. per lb. Thero lms boon a better tone in 1 lie lamb market this week. Stocks on hand are light, aiid the market may advance further if demand does not, abate. Canterbury lamb is quoted at. s|d., and other' than Canterbury at sjd. per lb. The beef'market is quiet, and is likely to go loiver. Supplies of American chilled beef are large. New Zealand hindquarters aro quoted at"3sd., aiid foroquartors at 3Jd. per lb. The butter market is lirm, but. demand is only moderate. Second grade is plentiful, but the demand is chiefly for best quality. Danish butter is quoted at 1215.; Siberian, 1095.'; and Argentine,' 116s. • per cwt. The cheese market is dull, but prices are firm, and tlioro is no change to report. The homp market closeß weak, with lower tendency in prices. Tho following orb tlio our-

rent quotations: Good fair grade, on spot, ,£27; fair grade, on spot, .£23; fair current Manila, on spot, .£23 10s.; October-December shipments, good fair grade, .£25 155.; fair grade, £23; fair current Manila, .£23 10s. Last week's output from Manila amounted lo 12,000 bales. Tho cocksfoot, seed market is dull, and a poor business has been done. Bright, clean, 171b. seed is quoted at 85s. per cwt., nominal. The wool market is quiet, with a tondcncy in favour of buyers. The, kauri gum market ,is steady, with a very good demand. Current quotations are as follow:—Ordinary to fair three-quarter scraped, 1655.; fair half scraped, 100s.; brown, fair half to throe-quarter scraped, 905.; brown pickings, common to good, 455.; bush, fair to good pale and amber, scraped, 120s. LONDON WOOL SALES. (BT TEI.EGItAriI—I'IiESS ASSOCIATION —COFTRIGHT.) London, October 4. At tho .wool sales there was spirited bidding, arid prices ivero firm and unchanged. , ~ To date 56,010 bales havo been catalogued, and 50,743 sold, including Arakikia,', s|d.; Tuiirua, Gd.; Horaebush, GJa. THE FROZEN MEAT MARKET. (BT TELEGIti.ru—ntESS ASSOCIATION—COI'VHIGnT.) London, October 4. The Frozen MeatiTrade Association's Smith', field Market quotations for the undermentioned classes of frozen meat are based on' actual sales of not less tlian one hundred carcasses • of mutton or lamb, or twenty-five carcasses of beef of fair average quality. These'quotations are not for selected lines, but for parcels fairly representative of tlie bulk of tho shipment's now on the 1 market:—~ Oct. 4. Sept. 27. Mutton — d. d. Canterbury, light ... ... not quoted. Canterbury,, medium" •'... not quoted. Canterbury, heavy .... ... not quoted. , North- Island, best brands ... 3J 3J Lamb— Canterbury, light .... ... 5} 5 7-10 Canterbury, medium ... ... 5 5-16 51'. .Canterbury, heavy ... 4f 4f Dunedin and Southland ... 51 51 North Island not quoted. Beef— • 1 \ New Zealand fores 35 .3| . New Zealand hinds ... ... 4£ 4-J RIVER. PLA'IE , Mutton, light .8J 33. Mutton, heavy ... ... 33-16 33-16 " Lamb ... ... ■ 4} 45 Beef, fores ... ... ... 3J 3j Beef, hinds ... ... ... 4 4i . THE METAL MARKETS. ' London, October 4. Copper—On spot, .£59 12s. fid.; tluee months, ,£6O 10s.; Tin—On spot, .£134 55.; three months, JSI3S 15 S . • ' Lead, .£l3 Bs. 9d. Fencing wire, JS6' Bs. 9d. COLONIAL AND OTHER PRODUCE. London, October 4. ■ Copra—Largo business. South Sea, in bags. JCI7 to .£l7 Vs. Cd. Linseed:oil,'.£23 ss. . .. . HemjH-Market irregular Sep'tember-Novem. ber shipment, £&', 15s. Rabbit^—Market very firm. Large Mel ■: bournes are retailing at Us. Gd. to 15s. Gd.; Sydney, lGs. to 16s. 6d.; young, 14s. Od. to 15s. Hares—Market firm at 305., per dozon, ox store. , MINING SHARES. 1 London, October 4. . Buyers.'..... Sellers. £ s. d. .S s. d. Wailii •... ...' 9: 0 0. ,9 2..G ' Waihi Grand Junct. '1 12 0 115 0

,Sv '.. ' " BeEorvo -2' f i.ur ' ' rMCKS. ■'Yield"' . ' ' COMPANY ■ Capital Wind-anJ £•< •« • - L-; t 0 . • \. ■' . ' -. ; J faldUp- -S^' an 'A share-' : ' c'h"' last ' Investor ' Forward. ".F.nycr. Spllcr. ■ ; tialo; < '• • •v.;^0ANKS."'. -g:; _• l~/ yg .4 'i't.-fl: '£. New Zealand ... „ • v. •-.•'• 5060000 £04,097- if,,, ' 8-14 6 8.10 0 1 0.:0 V katlonw... ... .5 2.0, 5 1.0 ,518. 0insurance.. • National-... ... ... ; w'- ... 100.000''' :'.'5^339 j. 4 j\ 1'7 9 1 8'6/ 1 .7 • 6>:! 5 9:1. &SW Zealand ... - ..UU000'.. VtSWffl- .'••» "g • ,£ 3 13 0 -:3 14 Ct. -.3-14-0 . B 8 1V bouth .British ... .;. »•' T'JUJJWJO''' " MUM - •• *&' -8'13'nf 2.15 0 -.2 14 .0; : 5 11 ;1 ; biauuard. ... .... ; ....... »•. :-::V6,U0O<. -.Wow -j -; Bl : .jjj -l. ; 2 0! ;.l ,3 '6 ,1,2. 66 IS,4; C j/,4'j j" ; '' .-tqnitkblo Building;... . .-:?/•*. ,. £0,000 . 48,242; ■' r. in ' - V,' 10*2 6. KoiroDolltan Builaing : ,...v- .... . -tj.ao : . - b.wd • .'5 -. J 2- r::', • • VVemiigton.inveaU' " to,<00 ■ 5,t60 «. Vi-»* 0 »'»' Oil G ; fl-,4.1. Wellington Trust- and Loan. 101,250- : 44,&34 . '<■' 5 S ■ 7V 0 7 7 0 5 8. 6 ' "KaiiOijal.-.Mortgage'...: tOO,UOO " . JW.'ilij , J . ? kA. and-iiiverimto .amaoo'- ? ' nri- -o •: HO , . . 110 « -'5-5 0 -. .xouii. aua'iitrc.aumu ... ioi,22j :; www- j ti ■ 5 0 i' V- ' /■'; 0 13 i 1>i5 4 : : ' .. Auckland-..'.., J „ V .V"; ! .• . 15 10 -6' 15''9 0 5 10 0 ',-.VrLUfiiitchuroll ; i„'. 100,000 ■' to.w7- 2 . .'nil', in ,8 16'.0 ..9.15 .0: . 5' 2".7j . lending .„ ... I'aOdO:. «M' nil '■ ' „ r019' 6. '. ■■ 0il9:--6 •' hiBbdruB,. .../ w. ..... "•« .MJjOO; J; r nilf-JSj «- 212 C 2" 10' C .510 0 Wcra ,. • ...:. -u«. » If,*- »' » • .• ... : ... ..v.' :-:-lcjtOO i- MU - " ' nil . {.apier ... ... ..." .. ; , ;V ■ » .• > ni i' -g 15 0 0 ■, ' ... » ; •••., ••"• J- -49,957 ■ ; £3,184 5 {5 ■ . . ■ : 3' 7.- 6, 113 .4 . talmerston Hortli SMOO *' r "ffioH"SS ~' i r: " : "fH~l " ' '' '7;' 6 0 . 6 3'3 ■ VireuuiKion ... „ • J...u.viw,i5* i mW 10 18 ' 7 '® W," ' n • » ... ... .... "• ) : - j jo :10 10 0 11 0 0 11- 1; 3 110 5 . MEAT.;. '• V - , . U . - ;;; ■;;; -• ;;;■ t hm ■ .;.i6au. 1, -mi ,125 200 210. o- 2 0 .0 5 2 0 ;■.vTellington Meat Export. *.*•'.»- '• ■ 1 i 0 16-.0 -. ,. "• ' " ; "• 105.763 - «;950 .1 - V. .w'inga'nui " : ™ j ;s,646: .. a U , 0 0 . 3: : 0 0 , 7 '. 0 ° '.'■ TRANSPOHT. - - i-' ; ; 'v\.'' ' , W ':, Railway ... ... ... 170,000 . 121.452 ; j • , 2 iV 6 „ 13 fl \ ■■■'.■ '• V ™'V.-'r-~; -:'«?.*«-•• -JWf- >b ""n"' -5- -6'9-0 6 10 0 6 10 0 6- 3 1 1' 'f 1H 8 I .\ 15 0 . 5 8 0 .' ■' COAL.' :::::: _ ■* < -. i : ' festport ... .. ,.,5£0.000- ■ 6 4'* 6 6 " < . ° f? . iauyii ... ... - lbMl. • l '-'nil -74 039 6 0 18 S 8 .1 5 . ,. • WOOLLEN. "~p ■' ' v;.^JCaiajpo 1 ;'; i 32.S51., .6 L nil.;- . « „ - koigiei • -. ■: fc3,457'S ■ 17,112- » -'t ''' .'••• " keuington , . u,oii i.ouui) : y , -i' - \ • 350 . ! ; /MI'SCELLANEOUS. \ •' V-'.' V '' "■■' ; f onaghj-Bope. Vyisioi). '. 'isi' " : 'i' 5 V,. i'.'J . : , . Lcylina'ana OBrien i5,UC0 -oT/iui' ,':i . nil',15 076 '--i : iiauricefillo Lime' .... •• . 7.0U) .W5. j ;' nil ; : ,-. r ; . ,-J 0 ,, , . :hX rCandiei ... ... .„• 10,000 ; 176„ 10'; nil; '.8 ' . ■ . v 'r, UruiJa ... ... ... ..... - s 10,COO Sf, r 'Ul .,-i' ;.., n ii *'7 o n c 5 n ; : o i, ■ r* fi n 0 rapef; Mllij, ; . , 94/(75:. '4- ■ ' •'». I'lo ' 1'8''#• ■ ■- .MX- CenlSnt . :.. ;... '. ... £C,C0U V ._'.c l:. . :......li-- . f -s-n -. , 0- fi. - ' ! » 1'h'iiii ' ' 'iill ~''l ' 1 " : "•> 3 JT.• 6 ;3-i6 -6 i0 : 9-;2'. Wgtn, Frean Food. ..: i. itMUv ,....- i.-U,;., ? .■ ; '■! -'-■ "( c-fe,78).•- .2i.4E2 -'2*.' -i'j 1:86 410 o''?'■■■ V f • »'" : i : ia -'a : o''-p. " The 'abo'ye qiio'tatioris .froto-.the daily official.-lists■flt'.tbe- Wellington StoeL ■* ! "\i \ Eichango. • . \ !;■ , ' ■ ' ' ''' " ;