FINANCE AND COMMERCE.

Dominion, Volume 2, Issue 410, 20 January 1909, Page 10

FINANCE AND COMMERCE.

THE SHARE MABKE,T ' ' ' Sales of National Bank aid Wellington Trust and Loan at £7 7s (cum dividend) were reported jesterday The fmarket exhibited moro strength, and thero were quit? a number of buying orders Bank of New Zealand, buyers 9s , National Banks, buyers wES Is', sollers <£5 % , Wellington Trust and Loan, bujers .£7 6 .-sellers .£7 rs Wellington Investment, buyers 11s , New Zealand and Eivei Plate, buyers £1 11s , Gear Meat, .£4 paid, bujers £9 16s , £1 paid, buyers M 9s 6d , Meat Export, ,£4 paid, sellers £h, £2 12s 6d paid, buyers £3, Manawatu Bails, buyers £2 Us , Umtm Steam, Jjuyers £t 16s „ seHe;s .£ll6s, 6d f Wellington, Woollen, buyers i 3 Is. eeUer? £S f 2s , Wesfport Stockton Coal, sellers 9s 6d •; Leyland O'Brien Timber, seUer.3 ~l 5s , New Zealand Portland Cement, bujers £1 r -8s 6d, sellers .£1 9s , New Zealand Paper Mills, 66llers-.£l 2s 3d , TaranaM Petroleumi buyers ss, sellers 7s M \ Sh&rland's, ordinary and preference, sellers lSs 6d. (

\ THE MINING .MARKET r] K [ u j A 6sle or Talisman/ at ;' lYte Id" wa's T all'i the business recorded yesterday 'Wajbj?- *ere firmer, and. eo also were Grand Xunctjons The quotations ;n<sre as iM n Buyers Sellers Sales Waihi G'd Junction 16 0 16 6 — W<"[" „ L , 818 0 90 0 - Waihi Extended .033 036 — Talisman r,, ? 6,263 EQUITABLE „ ;•' . The balance sheet V> tho Equitable\Buading and Investment Qtorrany'tfor, tha I&f ended , December 31, 1908, J 3illofes^vw4ttTrefaotorr position The and loss account amounts toSSSSTis 6dTof which 13s lid amount brought forward from 1 the "previous ■year "Out of tho amount at credit ißodiy to the xeserve fund, whioamow stands at tho dividend for the'jear af fto "rafe of 10 per cent absorbs JMOO, leaving Ss^Cd'^o 4 be carried forward;-. Ihe. amount advanced on. moitgago with interest i5'.£324958 5s 3d, pro- - perty accounts, for 4s. 3dr, cash resource:,, ; total.'46(Bo 103.f ! .The.deposits-.with > tbe ; companv "■: and-interest ; 438,167/ 16s':'. lOd. -K, K■:. ■;•' :\£ At. the--aiinual; meeting,of .sharehblders-ioiir held on: February 2, ! a' rosblution' to" the follow-' ; ; ing' effect-wiir be>sijHmittea^??riiaKth&rea'piE : : tal; of the-,c6mpany: i '-be;inoreased; tbi.the'amount" of ;^lsWoo, : by.the (rfeatidn«'of , ; ; additionat'caT)i-^ :.\te^,;ofc^pM,^Tide'di.in , to'"'sooq>sßaißs;i':of-''jeio , eaohjeuoJieharelJt.o tfeiMue'd! ns'qrdiriary.sh?jes." ;If,ithisj^solnfaony ; is carried.wit -is : the' inten-. ..; tion. ofi^he;.directors':to -issue22oOO'shares-only called.'.upito;/i6i- at« a : pre'miiuiS>of.^fi^teMier' /;ehare:(f3i^fe^iu'm|.to'^e,addo^tP^fiel^r?|; ■ : f :;o£ .'ssi perj share^peri'me^ljgft-ith'', ; 2s. r 6d. share premium; '^ut, l -sfiarenoldeia ,; pay:fji|-whble7i|;igb'unt, ■;atron&.^d : .;jeceiTa-'-'fiU.l.-aiTide.ii^Vfroßiidiite ; ~ present .tnareholdeTS. oniy m xiis j proportion'.of one:neiYfShare for evdry.five shares now held.: , :. '■ ■'-. :'-;,V •'■' ' ; : .-/ "r. I '':' ■ ■ -■ ' , ; .- : ' '■' '■"- ■ ' '■. .0 ;; ; ; \ r ■■■ V--'. -..-•'-! Spine; time;this. nftornoori news .should be re:;Miv«d;.byicable?bf.fthe"opening i'ofthe/London .wool-sales-i A-firm •imarket,seems i ,assured,v but: ' muoh-wip: deperidVupon:tfte-;«KeeFof'Vthe'recent ; advance'in ; the\Bank:of .Eriglahd.;discOunt. ■of the;w^qLexp(ij'ts:from AustrklaJsii,from July :\V*?.'.%^™'b^r..^.-sfiows.',as'-;imde'i , i: ; r--.-. ; .''v ■ '-' : : ; "' ; > : 'i;v'-;^";-viv^ ;: ; ;:; " •" Bales.^.; Bales., : - .v;f.Victoria;.-;; /Wr. t ....;.289,769;»'■:: 312,628 ■■-:':' > 'New'.S6uth^*ale*3-.«-f^SSG;*3O-''- fc -" ! '*''■ 'j 'Qucenslaiid &..: \ .;...'; U8,068>V.; 100,043 - : - ": '• - SoutteAustrAlia V .:.":' 137,173* 142,915 . ; ;V-y^West'jAustr|aia;p...,y. 41,989.: ',/'■ 41,755',.■•■;- : f'- J '■ - : :'1,123;4 : 29; i 1,083,774'J :, -~ ;■• .New;rZealand :/ y . : v "...I:. ; 142,127.. >.; 125,561k :^ '.': . For> the,: six; inonths there'is : an:- increase" of;M,222.,bal«s,\whicli:inay ehipmente. ; ; total; for the';year aj)ii6d,crate,:expansion over 1907-8.

;:, 0: vv .r|-v some; jNstmANC^s^i^'^'': ;:- Cojisiddfablo:devolppiMnt;'h"al •-.UB.urancs;.in; past hundred years, but in poent::.timc3:■ many«novel features.have- ; been /.lufrpduped... laws and, \, insurance v.praciiccs -Tary-.Tcry '.much indeed,■ and: the fol•lpwing; afford.some objeot.lessbns:^-i;rench"law ■makes insurance; , ;, againstv fire; cijnipnlsory, Pnai. '■' vonty the-owner,- but-/or his neighbours.; ■ .In , ,;Germany;,buildihg- insurance : is; cdmpubory,' and>in\ spine: kingdoms of "that ■:' EI W- r PV,«r.J.s a/'GoTernrae,nt monopoly;'. Bus--eia" has an .■'elaborate' system of control and' ;jodal ■goremnient insurance,',and compels all ■ bmldinE;s:.to :.be;t.insured.'. By a recently en- ;' acted',; IHwV th'e*,Siviss method 'of insuring • against .ithe.lpss> of Jime by .fire has been:renduroil'.alihost.:impossible; In some 'of the (wutpnsjiiaurauie; against'Jpssi.by;;- fireiis com-; pmsary., .niay.-do ;ni!/:s/'..bu'sipusw , in;' the -United Kingdom, or .in 3'.wdva uliij-dp so without legal handicaps; Nor:»ay:.coiiilupta a iGoTernment Mutual ;;Insurleiice Company, vbut. insu'rance'in it As optiSH&lP : .;{ii v ßei'lin;. the .owner of eyery building is «onf-'-pilK'd byi-the law.'(o-insure it from VDf...t[ie oOnstrupfion': of -the.first storyivih ji municipal .organisation ■ known as' the>,City sFire> :".liisiirancf-'Association. .Every, building" within its innnioip.al limits, is required to be-insured. . .for/ its mortgageable:value,' which is carefully / estimated'and fixed; by expert officials of the department. - The .fact. that, .mortgages-.in Ber- •- lin 'are ; limited^:to ;the. jhs'.tfl:e.d>:jaiue?rendei's : ■~ them among the., safest of: all "securities. But : .'this doesnot iriclude.the value of the lighting and- ' heating -apparatus and 6on)e.,pther>accessories;the collective, value of -whioh, added to' that

' • ■ 4—?-T i WELLINGTON fiH k^fg L \ I 6f.

'p^4HB-'bWld&^ ! may;l)6'insured' , in . private iCpuipauies,' but; alway eYwithin' .cairefully prescribed?'limits. ■ No- proprietor'* is. allowed 'ism' its d^strubtibn- r by fire : woiild'become' pro-. te^ls.VHunV;i.;; : :S>... : V',;>■:•';',,;. ;;; ; ■~,';-.; ; ;'; SPhe' gold'output of.'the. 6eyerdl ! itra'lasia;for :the : ' ; pastHhree' .. under t-jv^'--;;':--. 1 "'.:' ><•'''■>'■'"■'!• ■'•'■•'.•■■>.'.••'■ -190?..• ■.:,.:.";i1&Q7. , . f: , : ■ 1908. i_, ■. i : , ; > -. ■■■:'•; .:]?ineoz. o.rine'bi. Firi«bz. : , Tioferia''?:>.:?"-"'.w.'.;781,502;. / - '701,988,: 676J002 .p#?Sontfr'WaU3 , i:2sA9S7"\-247' 1 3e3 : : . 224,792 ■Qu>eßslaridv-^.:; : ' v 461,359 iW^t^Austtalia , .."' , 1,791,542- ■' 1,697,550. 1,648j6b5 South Australia.;. 14,078 ..11,870' r7;600 .Tasmania;,, ry ... 60,023 \ r 6i,W>'- 60,712 i>>7-.ii s -».;.. ■■'■ ■'-■'.-- ■■;' -■ . ■■■■■- iNs»iZealand , T!;'.'.;rS'S32,922 . : :.- 476;987- ■~ 471.790 ■ s 3,973,978 ;.:3M.M- ;'3,550;660 't^iJS7^S;.!/f^2a^&;^eld ; iis" I di^i'ning;'- ; .that' ..oijthßi.Tiansiyaal'/jisk increasing,; ,,arid':it seems attention 'will

;; : V:;-;'iTHE'MELBOUBNE MINT. . ;.; The'.return If or .the;-'past sh'o'ys. total-re-ceipts,. according, the .books',,.to have been TBsß^22^'zr~fii'ej : in- ; 1907; and ■; final; 10 ■4aSsJjQf i 10,, j,days*of ihoftprevious year; ,'amouhtedUto 855,219; ;«z>v£aeivag'ai&iSt?B6sl43oz.:'rej!eivcd , :'durine.'the.' r^p^xaft?/,T.H^ flop as follows:— £;V •:'; 'A:J 'ended' Dec; '31, ; -M9OB.J■: -''■■a ■■■::■..'' ■ , ;-->w«-«- ■—-;'■.; .' Oz. .fine. ". Or.fi'n'e. ''. Victoria ;V; -.;.;;; ... ; .....;. 695,948,53 685,801;44" New,; S6uthvWales v .!i' *>ti '■ . 3,5.3t04 4,006.52New -".•96,349.08'. 83,908.92 QueenskndU;;;jv -{, ,121.01; V- 79.25" South Austriilia'.ftncmding: -. -x - ; . ! %■, ■■ AflNortherniiJerriVory)' -.•■■...' i1',809.06 '•; ' 6,?9i.'97 ; -^... -^... y 26M:^}. 78,628.73: *Westerni,Australiai- ~:-;.;■ v 17,863:24« -.:-17,80i.64 : 'Other" countrie_g^ v *..'^'...-■ '-7liS9"-V '--:. Light;.gold coin" ... '." ... - •.' „ 55.95 ' .Unk'nbwn'';:: - ; ;.;i;". •:... :' ... • 5,627.31. - : : 5,7!J5.58

■?^eß'^'^gbldf. T dui£g&ihe' > --3reax'','ani'oniited i Htb' < ascompared with tTl«r-'details-' I for i '.'thßTpast-'year are ■ as folI6wi — ■'■':■■>.] '.;.'■■ '-'■:■■-■■•--■■■ ■■':■ :.-:;-I-,; v >■■■;,,-,;■•: : ; :. i ' : ";■■',:,; :'';-.-:. :; 'v' : "',/-/ :v.Weight.-.;. Value. 1 . ■■;?':.'- , -f';,v;.- , ,>,i«' .'■' '■{';■ Std.,oz. ": Gpldiboin)issued;.. ■ -....' 843,059:94 : ■ 3,282,665 .93,460.9Q.^..383^13; I .I 93|;5%64 : ■:;3,&16,578 ; qvn- '-iAi^ui: , - , ' *-";•■-v-'. . y .'",-*' ■■'.i. , ■■,■.-■ v * Th'j-'(fust6tos' ttvenue' collected at Wellington' l yesterddy, amounted Bs. : : v , : .. -..':.-';■'■ • ■'■.■:.;.:■'.- ':•■■•■'".:? ::;:>LISMOEE' STOpic'-Sdlbl' ;, ; ■;\ ; : Ljtd.- f 'report ~ as; "foUowb :-t. ' ' We 'held*a .special salecbf -tjullocks; to-day ■•en; behalf of..Mr';.rH."-.y.. ; Hammond, Lismore Station, 68.7- head being yarded"... There Iwas',a'good at-.; . tendance.,o.f buyers frPm patside" .distribts. The'.oattlir*ii ; e ! is&' y'ardedi'ii;'g?pPd r , order, and.-we a«total'cl&r'ancpiet/'gbbd 'market'.rates. , VTha pnieipaUsales wei;ei—JOl 4-a'ii'd',s-yea'r.bullooks',:' ■«6"ss;i:-30 3 and ; *ye'ar: bullPclis, £5 .45.;"66 8 and: 4-year £5; .202,3 ;,t:o 3J-year bul2J. to.3i'-year;Hereford'bul-Jocks,3if4 'l7s;:-'6'd.-; :j 45-3}' tb .'4-y'ear bullocks', 12s. 6d:; 32.2 to : 21-year steers, : jC3 15s.

-~;/ v ; v- -LIVE STOCK-SALES. ': ') V: ■ ;- Regarding', their Johnsbnvilje sale, Messrs. Abraham and Williams,, lid.', report as follows:—A good entry- of prime qualitv bullocks ,an i q i '|heep sold>.readily, -Beef.--made'.'2ss. to .22s.;vper-,i4iundr6dj -best ■ bullocks; '"£%':' 17s. 6d.' .-to;. 12s. -6d.,v lighter. .£7 23. 6d. to £1 155.; extra heavy wetheH 15s. 6d: -t0.165.;}0d.; 13si lOd, to 15s;i ewes, lfe.; -Id-.' \.to. "12J>'9d.';* ; Ught, .lis.' -3d.,• iambs,'' 12s. ■;»»;--.>,'- ■■ - '..>.-•■•; .. . ..-.

•At tljeir.Marton sale held .yesterday, Messrs.' i)algety.':and CdA r-Lid.,. report a ;good yardine' : if-fair"entry of cattle. .All sold readily. Cull, lambs, i5.,,i5.,7d., to-6s.:id.; medium lambs, 7s. 7d. to Bs. 6d.; woolly lambs to;ips/,;ld.;; aged ewes, ; 6s. 3d.; forward owes, Bs. to Bs. Bd.; fat ewes', 10s.r6d: .to IDs/ Bd. six-tooth ; ,and f.f.m. ewes, 12s. Id.; ttwo-tboth ;'iwefterejsmall, 9s. Bd. tolOs.; fair ditto, Us.; miied,.weaners, ,2s. Eighteen-nionth's'. Jersey heifers, .365. j .two-year empty, heifefsif £2 ,Bs. -to-«£ 2445. 6d.; empty forward-cowe','..£2 r l4s. to ■£3? 105.'.;6d.; fat. cows," to M Is.;: cows 'and calves, S& 165.; two-year > eteers, iS3 -lis. to £$ 75.; bulls, J2s.r'store pigsi 20s.' '."'•• . .'Messrs."; Abraham and Williams, Limited, report on their Jlarton sale held yesterday" as follows:—Wβ had a. large .yarding of sheep, ■principally' or. there,was.a very ■keen'-demand, and;a;total,clearance .was made. 'A small -yardine' 'of 'Vcattl* I . 'did.-'•Vio't 1 meet "with' brisk 'sale,' ;, We oiiote:—Sheep': Four-tooth maiden ewes, 13s. 9d.; four-tooth to f.m. ewes, i ;Js. ~;2d.; f.m; _■ e*«Sj. 65.; mixed, two-tooths;' ' ils; ; >1d..( fat and forward eives, :: 9s. 2dr'to* : los.; fat iwss.'dijd.wethers;)Us. 9d.'j'-shorn : rape:lamtsi , 6s>;ld.*to 9s. fcsd. ;•' woolly' rape;lanibsi: 9s. 5d., , 5.85.'1P5», to=;iOs,aoa'.; store lambs, : '6s..'to" 7s. sd.r cullvls. 3d. to : ss. Id.'Cattle: Fat'cows, \£4 , to £i 55.; empty cows,' 35s. 1 ; dairy cows, i! 3 to \£i 12s. 6d. : " : ■"■■ •.-. ' '. . Pabiatua ~sales held yesterday by ; MeSSrs. r Abraham -and . Williams' and . Dalgety ; and' Co., the weather was good, and: there was a;record attendance. A : full yarding of cattle • -brought , full."prlces,:aiid'also about COOQeheep , wero cenuei mostly rose lfmb», ffhloh estib-

lished a record for the season. Quotations :— Sheep: Full-mouthed ewes, 7s. 9d. to 95.; foursix, and fresh full-mouthed owesy /specially good line, 13s. 3d.; two"arid four-tooth; wethers, forward condition, 11s. 9d. to lls. lid.; mixed two-tooth, 10s.- 9d. to lls.; good, woolly lambs. 10s. Id. to 10s. 4d.; good, shorn rape, 9s. 3d. to 10s. 'id.; others, 7s. 9d. to Bs. 6d.; culls, :6s. to 6s. fid.. Cattle: Good, fat, forward four r year bullooks, 1255. 6d.;' others, 105s. to 107s. 6d.; three-year steers, 955. to 100s.; two and a, ihalf-year steers, 70s. to 80s.; eighteen-months, 525. to 5Gs.; mixed yearlings, 355..; speyed; cows, 50s. to 80s.; fat cows, 80s. to 925. 6d.; store,' I 355. to 455.; springing heifers, 585.; fat heifers, 88s. -...■- ■ '" ! - - . . ' j ■ .WOOL SALE. ' ..'. j (D» ' TELEGBAPH—PRESS ASSCCIATIOX.) • Invorcargill, January 19. For the second Invercargill wool Balis tomorrow 10,137.ba1es have been catalogiwd.-The quality and .condition (ire generally better than that offered at the January sale last year, though buyers complain of a , falling-ofr as compared with the wool'of a few years back. WOOL AND HIDE SALES. ' .-.'(M TELEdtIAI-n—PRESS ASSOCIATION.! ■■•'■"' . Stratford, January 19. The, catalogue, for the Stratford wool and hides sales; to-day is larger- than usual,. including 2062 hides, 43 cask's, and 60. tins tallow, 5778 -calfskins, 5832, sheepskins, 202 bales and 362 sacks wool.'.'Hide's are firm; .. .:.■;:, ~;.': ; '..'■ . "WHEAT. : . ■' : ' (BI TKLIaBAIH—PRESS ASSOCIATION—COPYRIGHT.) • ■'*•■■' .. ••:'. :'v; '■"..'.;.London, January 18..« The quantity of wheat and flour afloat for the United Kingdom is 1,935,000 quarters, and for. the Continent 770,000 quarters. , Atlantic shipments,; 218,000 quarters; Pacific, 17,000 quarters.. The total shipments to' Europe for the week amount ,tp 850,000 quarters, including. 143,000 from; the, Argentine and-Uruguay. ,-;■••]! ; ;; ; <V..v. ' ■ ' SILVEB.' ■■'■: ■>••'' ■■;?- v , ;; (BT TELECEAPH—PKESS 'ASSOCIATION—COPYRIOIIT.) .'■■■■■■ . .'-.■■.■ . .. London, January, 18. BarV6ilyer is quoted at 24Jd. per ounce standard.- ■.;■: . .-_. . ; '!.'.-_ ..... ■.' ; uLonbonwoolSAiis; : ; : ■.:••:■ .-..-.: PEICES ■well;mai.ntained. , "' : : . ■

. ... .'. (FBOM OUB SPECIAL CORRESPONDENT.)'\ ■'■. '.-. \ .-.."■■ '■■.■' ■'■.".-■ London, December. 11. y' The-sales are coming ,to: a close, and two more days' sitting's will: see an end bo far .-as, 1908 }s concerned. ■' 'JL'here.'; continues- to be about the s&lerooin.a very creditable display of:lif aotivity, and for.-all good wools the .best prices" of the series, continue .to be:made. All sections continue to operate as freely as'ioVeiYVthbugh , I : liardly. think thlt America has been, as keen this Just few -'nights :as on , -previous 'occasion,.'. Both-;;]?rance,' Germany, .andx Belgium'-'.are ias : active >s ..ever,' and'.there' is 'on all' sides a'' steady clearance of the catalogues,''with-hardly, anything being withdrawn. -.The betle-r sollvij; of: wool has induced many speculative lots to be put up, and some of these failing to realise owners' ideas-have been taken in ...Last Monday and; Tuesday a little was sho.wu in very .wasty,\ seedy : "wools, - a great , many buyerswith the.i'og on Saturday having gone,, home,, and not returning . till; Tuesday night. ...Then i the offerings were hardly n"s ■Bpiey;.the:.big ; quantity of medium and faulty wools , oausine Buyers to. discriminate a little. .between the best" , and next best. Some decent' picking up was done'both, on ; Monday, and Tuesday, but all straight lots of both grease and 6coureds, particularly the. former, still sold at the best prices of the series. During the; last two. nights several, home;. trade. : -.buyers,- who 'have been:waiting:to 'geo' things, ease.ony have' been compelled to junip'j'in, consequently thero is back.tne , same brisk tone and spirit of:previous weeks. : The'.Continent., has: .surprised everybody by its continued activity,' and there seems-to be no end to its ability to purchase wool.' The greatest demand seems : to ,be, as already 'said, for good r ,;greasy descriptions, and; this week I hardly think the scoureds have sold likes they did, at least making the extrem(j!;prices'of last week; The home trade'has taken .freely, all classes, and tkoirrpurohases at the end will have been considerable. breds are selling as'well as ever,, a .large quantity of slip.es having beeir'catalognedHlijs .Week. The Continent, has Doiight more freely'6'f-'ffi'eso' : .jthisio'seriee.;. than for many months back. All Coipe-wools-remaitt-wiohangedvanything-deseent-Iα 1 the-grease.:selling.-.thejbest....;-, 1 .-., : I> -,»- ■A,: v ,^-.-. i GOOD CLIPS : AS^IJ|3A : RjAS a<3o. ' The. range of, prices •itrLondoirfor goTid'nifcnrid; olips/:is by'• no., .means -/low, and' eyeu -.brokers. themselves, never,! 'expected to .'see Realised rthe'j figures.: that have, been''paid'for of'Au's- , tralia's-;best.,gro.wnnclips.,,;;,The: writer has watched, their sale with'ihc;rea4mg J iriWr6sti arid thc.outstanding|eature.of tbe l ,.seEies'-is.tho l gr,eat readiness- which has .been .'dipplayed'.t'o acquire" stock. -To . say v :,the ; least, :.wool:rhas':;soid r -well," everything being., .sensibly'.befter, ,tKJw al.tha last serins., ..Nothing has hung fife, all descfip- : tions. alike being,devoured.with great readiness, and- it. is some 'satisfaction". 'to'Tcn'ow 'thaf' tho : boards have, been swept clean , ;' I "and ; that the' carry, over, i.s.-.reduced \to ;a-, paltry few;thousand bales:. Tha majority, of-people- s»em* to' thiii'c .that there.;has : .been 'a^big'-'-slump.in-wool:.prices are still-cheap, fabric buyers es-" peoially:, entertajning. an; opipipn .that there is nothiug to be alarmed at with'the increase'in rates. -. I call the special attention of loaders to. the very, prpnouncetl facts•'■jthicb.-'-.come out c i nr i y j m "DdermehHoriu'd. clip: I have' selected seycral--Avell-known brands, and- contrasted., thesft with;the-'prices-they realised''at' the corresponding series a year 'ago,'-i when woqiwas. considered dear, but spaco forbids mo giymg,more;,than one,.and the par&inlars given ato worth more than,passing, notice , .'■■■,..■.'■ ' ,". I .'.\;. : ; ; , ;■ ■ vNED^S;,COENEE.";' .v-!;. '-:\': '~"' ■'■/ -v'-'v " 'V ; --:'Sixth>.' .Sixth r • '..-■ :'■' •■■'.-' '.'•'.■ ' : "" .' - ' Beries.. series, '-.;■■...- :'. ; .-'■' ■.;'■■'■■ ".■'•■■ '".'■■.■■. ' ■ 1907. ■:. 1908. ! •_ , V>'.V>'.-y-i^^ l :/,''-i ; -:.^-.d.--,:-'. -d;"-- . -Greasy super combing ewes'... 12 ";'" . 13 ,-' jGreasy;super, combing hoggeta 12 • '■ 12J Greasy:;. first combing owo ' : - . : l_. rhoggets:- J.', .;. ..;,.-...: •/"...'■■"UJ-- " J2| -: Greasy• -first combing , , wether '••■;.' • ' ; '.:: .■Uggtfe ,'■ ;,^;>*:: : ..,; 11J ;;V I2J: . Greaey;;first,.combing ewes ..'.. 11J ';■ 12.'' ; Greasy second, combing hoggets 10 f '-' '■ -. SV '■' . Greasy second combing ewes... W\ -•■ io| , 'Greasy-.clothinV '—'■'-■ ... -.. 9 - -'' 9:' >-Greasy; necks : £E ..;'v ... .-Ml' ioj ; .' ' ; Greasy-fifßt'pieces' , ; ~. ..;■ 10 '-'■•."■ 9-.': : Greasy, bellies ~....'. ..;. . ... 8 '' 71' ...Greasy; first" lambs'■•■::.■:. -'... 10 :.• ;ioj ; ■'-':,;:■.. ■.:.'■;: :STEADT PRICES.. '': S._:} : .-Bradford is M maiii&ining a fairly steady front, but that is all that can be said. A good deal of surprise-is .being, expressed at the continued hrmnesa invLondori, and that is undoubtedly )roving a material factor :in-the situation. }At be same timo'itis only fair to say. that quotations; being maintained at '-'the -highest point, : :and.there is more'.than:a suspicion that weakness on the part of topmakers is showing itselt. After the .'great : .sp'urt during the firsttoe weaks of last month, topmakers-put tip their pnce t to pretty high limits entirely fa sell proteotiou, but it. is questionable/.if they were ever .made; in -fact, plenty freely admit that they liavo never : sold a, pack'at tile high prices they were asking. This week they have seen fit is many caees to lower their quotaions, ana are again down to a market price Last Mommy 64's standard tops from some °I f n r , a ,W° rd , s biggest firms were actually'sold at m> and- Hid, for- Wβ. , This shows'a decided disposition Id do business, and the prices are such, _that even London does not warrant. The opinion is held very strongly that wool is being .bought'cheaper-in:'Australia' than it can be had in Coleman Street, and this ac- °°™ or topmakers again being, willing to sell both for spot and forward delivery at very reasonable rates.- '.. During ..the past fortnight new:. orders haVe; been very scarce, aibsfc top'inakers having sufßcient work in hand and deliveries to; male which will last them for some time to como." ; The concern of the trade seems to-be)to obtain larger supplies of the raw material, and; while some, are yet-hoping for .cheaper .wool, j still there is not much, chance of any-fall at present. Imports are beginning to arrive, and., the wool looks cheap compared with London purchases. Spinners are better off forwork, but all the samethings are far from being healthy, and much ■' greater weights of yarns could be turned out if particulars were .forthcoming.', : : There is much complaining in this-department, and all alike affirm that there has been no corresponding improvement in yarns like there has in wool and tops. It .is this fact which causes.many to express doubt over the permanence" of the. recent rise when the weight of new wool comes to hand. It is certain that stocks will have to be cleared pretty quick in order to satisfy banks,' for they are determined to have 0, different time to what was experienced early.; this year. Mohair :has recently been more: active, especially Cape descriptions. . ,; ■'■■".'■ ,

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