COMMERCIAL.

Dominion, Volume 2, Issue 491, 26 April 1909, Page 8

COMMERCIAL.

[' THE SHARE MAUKET. I" A sale of Bank of New Zealand shares at E...:,: 15s. was reported on- Saturdays National Banks,. ' , buyers X 5 Cs., sailers £o 8s ; Bann of r ' ■ ■ ■'Zealand, buyers :,-JES : . 145,-> . : Equitable Bpilding, sellers £.9 10s ; 'Wellington Investment, buyers t lis. 3d., sellers lis. Bd.; TVellinston Trust and loan, sellers £1 2s. i WoUington .Deposit, solleT3 [ - 9s.i cum dividend; New Zealand and luvcr i Plate, sellers XI Ids. 3d.; Wellington Gas, ilO t . paid, buyers SXI 15s, sellers il3; Gear Meat, ;. :: ' . paid, buyers i£l0; paid, buyers £2 lis- ; [■■.«' Meat Export, J!5 paid,. sellers t 6d.;. i--1 12s 6d. paid, sellers Is. Cd.; New Zea and Shipping, sellers .£6 165.; Wellington Woollen, ordinary, soUers £3 Is , Tanpin Coal, buyer; , 19s, cum dmdondl Westport Coal, buyers .£6 7s„ sellers i! 6 95.; Wcstport-Stockton, sellers I 8s Od ; D I.C. prefexenee. buyers £1 Is. 6d, sellers XI 25.; Kauri Timber, 15s. paid, buyers ' Its. 9d., sellers 155.; Leyland-O'Brien Timber, bujers J6l Is 9d, sellers 2s 3d ; New ZeaL land Portland Cement, eollm'S.X2'ls.j,Now Zeo- :.'. -;]and Paper, Mills, buyers ;i!l Is.- 6d., fellers ,wBl ;/Sharlaid's"ordinary/and:preference,-/buyers : , 18s. 9d., selleis 20s, cum dividend. I" THE MINING MARKET. Sales of Waitangi at -ts. 5d., and Saxon at ; Is. Bd. were reported; .Tlio quotations were, as under.— ' „ . 1 i! s. d. £s d. £s d. Waihi Grand Junc- , tion 110 G 111 3 — 1 Waihi 9 0 0 0 2 fi - 1 Talisman 2 7 0 2 8 0 — i ~ "Waitangi 0 4 4 0 4 6 0 4 5 Wailii Extended „ 0 3 9 — ' ■ Tairua Broken , Hills ... 0 l\ 6 - Taiiua Golden Hi Us „ „ 0 6 0 - - Saxon .. , — — 0 18 Bi ff Biver 211 0 — — Con. Goldfields ._ i — 014 G —, BRITISH INVESTMENTS. Owing to the, attention/given lately in politi- ' cnl 'and bnsmess circles to the national expendi- '/•.. ' ..' turoi the""'Ecorioraist''. endeavours to esHmate ; ;tho i extent and nature .of Great Britain's, mUfy'yj.'i'vistineiits jTEe fdata for? snch • ,•• a -calculation' aro.necessarily / very • incomplete, : and ' only general conclusions can . bo aram: .; -i : thorefrom. ' Tits inland revenue report for , the .•;■ year ended -March ' 31,.1997,; shows ;income of ®'/^79,560,000 , v;?icertain ;/::fprei|jii, : sources, but, what sum should bo added for :•/ ~ /unrevealed incomofrom foroign • investments.cau only be surmised. "In new of tho rapfd increase of recent borromngs in Great Britain, the > -think -that ■ |/:;';>/i&y'j£3,000,000,000 i.-.-British 1 capital -, investe-1 abroad.:' Other esti:/?ta'ates --by independent /students- ; bf snch qnesvWaV,and~all . / Kingdom >with p: 'i-i'iials aro. the ;omof.debtors- of Great Britain. > t-v*!/;iS ; / i ?According/;tp colonies. ; responsible half f the the list / :/./•'.' " with ,£150,000,000;.. and Australasia coming next' . ' -with-i321,000,000 of mdebtedness. In the foris:%Si;iieiEn r section/the V?snited<,States::is a low: way ' 'Argentina being a ; bad second with J8254,000,000. - ■ Thejironortion of total -savings invested -abroad ■' .. by GreaV Britam iSi Set down at 20 :per cent.,Jte'whichfiwonld ; :makei/the ;hati6nal' capital/about ' : -%hiohiJwas:/'the;iailipnht;/esti- : ' mated by Sir E. Giffen in 190 G. STOCK EXCHANGE VALUES.' The -.337> representative securities 'valued & ,^&r-v®oithly^by,\the/.,^.ante!^fMagazinp''.;iliow J an, i (appreciation of ,-£6,179,000,.0r 0;17 per,cent;, .be-. fyi'.V; /-'/■/tweeri' January/20; and February : 20;^the" actual - ! j;..'£gures..'being::-i83,6-14,706,000: in .iJanuary' and- :' hV,\->,::.£3,650,885,000 in February;'. It -is .pointed out e, . : that the-improvement,registered has; not been j to/ improved 'sentiment,'; for -'there. f,-.a has undoubtedly been a fair amount ;ef invest- ; ■ '. merit.business./: -Tho .continued oheapnessi of money .has. had !some' 1 effect. .upon. high-clas3 fik-W-' '■ which hava: repstere'd an : f advance.:---In .the -English .railways.market - the . r.a -ordinary-.stocks'-are a. littlo lowor, bnt> allow-, ■r . anco must ;bo made for the dividends deducted L. . during the month,' and there is a general im- . ; !•-> ■ provement to -note; in tho prior-charge descrip- ■ j. v: ~.;,tions,--while colonial- stocks havo.-nsen. , More- :. ••. over, 1 the improvement which :• has - taken, place p-• '"' . in'foreign Government stocks must be in .tho , Iz/J./f/ jvi/mairi-attributed: to/ investment,.- foreign .honds , S haying been •, in '• strong demand - during' ..the _ / t ", ever, there have been some appreciable declines, fef"sj?i/;lAmericari: irailrriad /shares uespeciallyishowing ;a . (downward tendonoy, whilem- the mining smar- - j- '. ' ' ket thero ha 3 been a,very sharp fall in copper . J shares. , - . ■ ! FEILDING MARKET REPORT. I Messrs A. H. Atkinson and' Co., Ltd., re- • .. . port a* good entry ,of /pigs ,-.0n.--. J?riday,-'and -fy-i values aoout on a par with quota-,. /. tions.-;.Poultryibf/not too good a class sold at K Weanefs::' • '-. / - small 4s. 3d. to 45.-Qd., good .'sorts 65., 6s: 3d., f Cs. 6d.i, slips, 6s. 9d., 7s, 7s. 3d., 7s. 6d., Bs. 3d.„ i'9s.; atores,lss. 3d. to 245.; medium ..porkers, 255. j ; -..- .'to 275. 6d.-vHorses. etc.; Agod ponies, 255.,: 18s. | : ,6d.; four-year-mare, w6B;-agcd g«ldings, i£l 17s. ! ;■ to £4 175.. 6d.>; phaeton,: .£l4; gig iamess, !V ■j: -JSS; donDle-roin'bndles, lis:: 6d. and- 125.; horse- . . .covers, 12s. fld..to! 15s. Potiltrv, at each: Hens, i. ; . . >ls. to Is. 4d;; -roosters, Is.: 6d.; Is.-7d., to -Is. ;9d.; ducks, ls.:9d. to ls. lld. Fruit and pro- ; duce: Apples, 4s. per caso,:plums, Is. 9d.; green gr)ff:.;,/;itbmatoes,. Is;'/: .hops,' * Bd:^/perlb..;' ; . • . shallots, * Id. .per lb.;, onions, |d. to. Id. j. table jotatoes,; per 901b/ibag; : oarrots, Is. Gd. per 30lb. bag; pumpkins, 6s: .<-,v.:r Gd. .per sack; parsnipsj ls., 6d. :per small bag.. ■ Ryegrass. ; :45./,'fid. pSr -bxisliel. -A . largo K■?' f quantity of household furniture removed' to thai ';. - for disposal ,was-sold at fair valrie, t ■- i- . , Tho Customs reyenuo and-beer ? ,duty cols■; . ' /.Jected . at' Wellington last week amounted to - :• .£15,992 Gs.- £d. and .£391 Bs., respectively. - The t;:;/ /?!'; figures ;fpr:>'.tfe :.;corresponding-i period :bf; >last S. ~. . .year--' were.-—Revenue, .deiC,42:l 4s.' 7d.;. be«r i . .. .. dut}yi27B 3s. 9d. On Saturday;iCl963 7s; 3d. p.';/i i'v'.was the/,amount of,'reyeriue.collected,' while, onC /--.-tho corresponding day of -last year .£2367 lis.' j'■ /• wa3 collected... .. vfeV - v;-v -- ' , - PRICE OF BRHiD. 1 j; -.... / (St TEtEGBAPH—P2ESS .- ASSOCIATION—COPYRIGHT.) ( ' , , Sydney, April 21 |i,/. :,V'.-¥-v.:The price ;of ; :bread'^will-b6-raised-on Monday' •-. to 3jd._ tho two-pound loaf; ■; ./ '■ V.:-/^^./;,-' j SALE OF CHEISTCHURCH PROPERTY.' j; - 1 y ' . (BI TELEasArn—I'IIESS ausociatioh.) ; j , Christchurch, April 25. ?-'//:: ■•'nvsal6 : .ot;dfT--propertjf'-yesterday i-jeiß,ooo' !'. -..was paid for premises adjoining thoso of the 'Bank of .New, : Zealand;-with frontages to Here-" {'.v■•/■I'S/iford' Street./and;-,^'Cathedral/'Square./ fc '4 : '/' iinises are at present/occupied by-Messrs. Allan/ i Hopkins (Cathedral Square), ICinsey Barns Co., j/Hendoison and Bums, and W. E. Sime3 (all in i • Horeford Street). The - bidding was fairly • / . } pnsk, starting' at' .£12,000 /and/-rising -:by' ,£SO [?" - - . ~.J)id3 -to the amount above /stated; -at vwluch it was purchased by 3lr. Allan Hopkms. DREDGING. ■ (DT TELIGRAPH—rnES9 ASSOCIATIOH.) Dunedin,' April 24. li>, : AdditionaL;retnrns':—WaikakaiTJnitcd'^o.'Vl;' I 230z. lGdwt.; No. 2, 230z lldwt.; Rising Suni r--: , 41oz.- 3uwt.; Rise and Shine Np l; ; 100oz: lldwi'; 1 t:.';.. .'.;, Alexandraj.Eureka, -21oz. :9dwt:Riley's : ; , ' .vival,.- 19oz. lodwt.; 'I .. 3 ; -iso and; Shino No. 2, 170z.: 3dwt:; Molynenx' i Hydraulic, IGO7. 6dwt.; Golden Bed, 9oz. 12divt.; Waikaka Queen, 7oz.'sdwt. ' AUCKLAND STOCK'EXCHANGE. ' ' . / .' (nr TEi/EGRApii—press. Association.-) :.. Auckland, April 21, l' : -Saturday's rsales—Waihi,-;;i9/is,;■/.Taliban,' :-.v: ißs., 6d.', 4Ss. . Closing: priccs—Waihi, -sellers ; ://';, : 4s-, buyers, J!9\3s. O'd.;.'-Talisman, sellers u:,-'(18s.;, 3d.,; buyers: 48s: ;>/i/ ' LONDON MARKETS- •" ... Messrs.'Dalgety and ..Co., Ltd.', report having f.f: '■ Teceived ' tho following, cable message ' from : % - their London- house, under dato of April 22:—-..' I- . Wheat.—Market . very depressed, and no buyers. ! ; Tallow, m general, .to 6d. 'higher. ■ Frozen Meat—Thero is-a,botter demand for J-. • New Zealand lamb-and poor-demand for mut- ;//;./; ton and beef. ' Fur light /descriptions of mut- ;; - ton, howeverj^.there is .a- better demand owin" : to scarcity.. Stocks aro heavy in other descrii? : . tions of mutton. .The market for lamb is firm j , but woaker for beef. Quotations are-Now » Zealand prime ox beef.tFores. 2fd ; hinds, 3}d t -. New. Zealand prime crossbred lamb: -.Canterl linry, heary, t}d.; Canterbury, light, 5d • ; North Island heanr, Id.; North Island, light! • 4}d. New Zealand pnmo/'orossbred'-:mutton- . .Canterbury, heavy, 2|d.; Canterbury, light" s;d! ; North Island, licaiy, 2]d.; North Island! J light, 3d '