COMMERCIAL.

Dominion, Volume 2, Issue 492, 27 April 1909, Page 10

COMMERCIAL.

', THE SHADE MARKET. .■:, v.: ;A; sale- of Loyland-O'Bricn Timber shares 'a •W.^^|2s;r.|yrKS;reported;iii\the*forenoPn,':and th: ; ,;all ; business in i investment: shares ii v:,':ooi(lcd-dunns th#'d«j. :;B*nk of New Zeftlant . buyers ,£3 lia.Gd.; -Nati'on*l Banks, buyers i , i 6s. Gd.i sellers- i£s Bs.; '.Equitable Building, se v.. lers 1 49; 18s/; Welluzton Investment, • buyci ' lis. 3d.; Wellington Trust and Loan, . seller ..•■■r.i£7,2s.-; Wellinrton Deposit, sellers 9s. cum dir: .. dond;National Mortise®, sellers 175.; Noi Zealand and. Rivor. Plate, seller! ,£1 lis.; Ne' Loan and. Mercantile, sellers 35.; We; luigton Gas (JCIO paid), sellers .£18; Nations .v assurance/ ■< sellers J!1 9s.' 3d.; - - Chnstchurc : <weat, -sellers .£lO 55.; Gear Meat- (£i paid Buyers- £W, (£1 paid), buyers £2 lis.; Men Export (X 5 paid), sollsrs vCJ 7s Gd , (£2 12 :v Gd.: paid), sellers £3 Is, Gd; ;;■ Wellwjton l AVooi len; : sellers-/ES Is/;- Taupiri Coal,- buyers .19; • .cum,dividend; '!W!estport-Stoekton/,Coal,' sailer ■:■: Bs. r ,9d.; Donaghy Ropo and Twine, buyers .£1 -■/ Kauri Timber (155.-.paid), buyers 14s. fd., -sel u'. lers:lss.. 3d.; Leyland-O'Bnen Timber,- seller ■.■f ;v'ifili2s;r3d;; New/Zealand Drugs, seller's. £2 7s. Nek Zealand ' Portland' Cement, buyers .£1 19; 'j:f.6d;? sellers r i£2 Qs; .6d,;'Sharlahd's (ordinary .am preference), buyers;.lßs. 9d., sellers 20s. oun .-■,/;. aiv,;v.\Vard nnd Co. ' (browery shares),, seller; £i lis. THE MINING MARKET Vsale,-bf= Talismans 'at ,S2 ; 7s.;i6d; -was' uiad( on' Change at-' the • first call and Waitangii '..sold at 4s. .Gd. .at the afternoon call. Sale: . reported of Waihi 25., Silvia at Is at^ls.\2Jd. ; ; The quota ■<: v tioris Were as. under■■■: - 1 '. !•' ' Buyers. , Sellers. • Sales. Xs d. its d. £s d. 'Waihi Grand i Junction ~ 110 3 110 9 — Wmhi 9 1 0 9 2 6 9 2 0 ..- -Talisman ... 2 -7 .-.! l . 2, 7 , 9.2 .7.6Waitangi . . 0 4 6 0 4 7 0 4 6 Tairua Broken Hills 0 17 0 19 - Karangahak® .... 0. 1 2 — 0 1 21 Silvia ... 1 - - 0.1 7 NZ Crown .. — 0 4 3 — /:■ Con. Goldiields ....-0 ID -9 014 6 .. — Big En er 2 14 0 — — Blacknater ... 1 3 6 — — -'fe S'?.'"?'i-' A 'H'.':The;Customs rovenue collected at Wellington .. festorday,amounted, to ~£l7BO lSs. Sd... ' "WELLINGTON MARKET REPORT ; /aiid .•!Cb.^'!:l4d./^;'^lli^ wholesale. /. 'prices; ruling Xon: •< s^Wheat^ifowl^s.-iiSd^tB 1 5s.;;!vf«wd;6ats/.25,:;/2d. W' : oats 2s.> 2d.; to • 25.'; : 4d.-'to. 2s.'.'Bd.j Algerian seed 'cats 2s! 6d.'; /^maize.^sXlOd/^ : .to ;-ss.- ;3d.; Jcfushed malt,,- Bs. , Dd ; fowl bailsy, 2s' 3d to 3s , hor«« beans, ; :45.: Gd. :(all,:at >per;bnshel);'.ric<nieal, £o to. .£5. ■> .£l3, bran, JJS to £!> ss; pearl barley, .£ls, . . peas; partridge 9d;,'• Prussian blue -'ss.'- to pesui ?4sl'-;3d..- split/ JSI7 - 1?s.;;; lione/:!v!;dust:s6;"rsnperphbs^^^^ 'lard, '£8 :10s.- to vEGi 15s. ; i£-t;.los.;'chaff ". ' (oatensheaf), i£3 to X3 : 'lss.;. oatmeal,' iS' las. ;. to d£10; potatoi>s,;;i£2 10s. to X 4;. onions, to i.^J.^^7f'^piotle^:s^. , citt.raolasses' fodder, Bd., rolls ■ .8id.:;:-.bntter, bulk,;; :Bd. . Poultry : . Hens,- 35.; Mrketysi'vgol'Mers'lis. ;.t0;,125.v : hcns. 9s. 'to. 10v=.'; fresh..esps- ; 2?I-'3d. 'to 2«. *d., ?s;?pre^iy^dVeggs v lslfißd.|pei'::d6iien;fcheese^,6d. ; 'tp Kid' per lb., loaf 7d. to 7}d per lb , Akaroa ' cocksfoot TJd.' to M.i farmers' i.v. dressed • sd. to. (Id. ■ per = lb.; -ryejrass, .35.. 3d. to ;,;b.4s.i6d:ipsr :bushel';; ; -it«li»n..rTerra3s.- 35./.Gd.. to Gd.;; : clover■70s. v{o ..ocwtc; ;redclorer, -. 85s. -c-»t.; cowsrass, 65s'i;: ewt^;-^lsike^B2s,i6d.';ow.fc^; : ,innstai:d,v' 40sV;;cwt.; ." trefoil; vS7s... Cd.y Qirt.;, rap* seed, 28s. civt.; Timothy,/ 325/j6d. : 'sv&i'^s^**Md:. ; sitraip, seed;' U 'a-J' ' „ LIVE STOCK SALES ' ialget'y.'vhnd ; Company,- Ltd. .report;—At ;^we-'yarded.- 2500 sheep, ;; f;andjrlso'''joatfcle* /The'. : sh'eop 'consisted jmostly;: of riiled; at- late:-rates. .The 1 de-; inand.'for;cattle was better, .and the bulk of , : t,;th'e^ehtry/soldV.under : ;tho; ; ;- ! At'Wayer-rough'-iveather>interfered ; -lots{'being -iin-'; v 390 -'.cattle. : and two pens of sheep.' A nico line of forward S; wethers';mado cattle nvere;; in :iv , d6iii'Md l ; : .'Wl-'b'£/thisV t blasrf"^llii>^J.tLnider-'tlie : ham-; 'demandfor. ffi'groViivcattlS ..as^killquiet.. ..'- iQuotations:-^ ior.ivard Is. Id.; old h\vc*i'3r>. Bd.; /■-?' rstee^s; 1 , Bs. • Gd. to : i£2,'.l4si'--6di; 3-yea* m steers :■ (bad - colour)/;: .£2-- lis. ;td., yearlin? \;; 33sy6dJyearling heifers, 2Ss.;', cows Br^and,/.calves,;-^37s.t,Gd;',-'/store,i cdws,;-325.' v 6d; -to f :i "i iOs.'V'-'bulls, i'.4os;o. : Waverley:; Fat and-;for'ward ;^or)rard4nii»d;: ; 2r fj,'.tooths, •• 8s; ;4d;;lightr/fat cows,[ : 75.; forward: ; ;good t '' : yearling;'.to rl6 i month j'steers, 65.';.v18-morith ■i 'steers,' £2 -lOs;;,ditto'.(bad ■ colour), .£2 Is.-.;/2|; to '2i-ieai', .. steers (passed), X 3 Is.; 3 ',to : bullocks (passed), £i llr LONDON MARKETS S.4ng"ieceived J :the ; fbllqwing oable message/ffom! :tlieir':-London ::house//;«nuer ; , datev-A-pril '.'M'.Tr . . "The .market for basiis is /weak, the. hide jjiarket ifirihj; and j ;leath«r market;. dull.. v-.The .wheat, market is. very., weak owing to. heavy ' liquidations,"- pricc's/sho\ring ,a" marked- dccline. Oats are steady" HIGH COMMISSIONER'S CABLE of. Industries 'and■: Commerce. ://Ms^rfeceived; : v Commission^,"--'dated ibtlddnj;: April 24 ''/.rTKe'muttbh'-marketvis depressed. Tho;supply: . exceeds tho demand,/eiccpt.light:weight,/which'.' /is: extremely/scarce; ■ !.The stock is aeeuintilat-: !-v 'andMt;^is /reported'.that v there: is no /room T-.to store .more';'- Prospects are.-unfavourable, and; 5 : trade, in¥muttotf. ; 'isy,yery' .'disappointing, J. there ; ..beingtonly:'a;.very'r'haiid-t6-mout)i'''demand.' Can?'■..Vterburr;pSa^i ! VNortlf-> ! lsland/. -23d.''"p.er:.'lb.. : z-, 1 ; ?•'''■ /.-Thella't^bimarket.islweak'^'^ hand^are;;ficafy;-;Sfld;;S^/;:widel^/distributed' A'amongst;agent^'<wh6SaTO:ypnshingCsaleS. ; .'/Can- f tcrbury,-;/4jd.':'pernb. : ;;;'No'rth'/Island; /:The;-beef/..marko't : aiid there : 'is no,, (prices, fores, ? 2Jd per lb r - ( .'•.■J^''-Th'6VV:Biitw^;;;m(irket>-iii-\qniflV^ : bnt\ , .'/.There/iis -jay/better '.demand'. for . best'; quality,: ;/ and'/:'a".'po'o'rer/'demand sforJ;, inferior.-; quality.' I 'Chq'icest-. ; New 'Zealand, g00»'/per } cwt. ;/fianish, ■/ : .108!!.";'', Siberiaii;;;9Bs;>i-Australiah,^;"'97s. ;'';'Argentme, 98s » - * ( The' is 635.';- ! white; ;6ls.'fpirvCwt. 1 -;:,Thp - Papanui:'ship;/meiit::bficheese'fabived in daaSg?d :: condition. ■ :;'. The/ihem'p market but; holdei's : are . firm-'for-New- Zealand, ;on account/of a small •.supply. Good ifair,'on/spoit; 10s. per ton; New Zealand : fair /grade,- on spot, .£22 per. ton ; •/fair'/current /Manila, I p£22 per ton'., April-June I ' iehipments-rGpod/'fair,-grade,. fair 'grade,' ; ;i£2l.los.';'jfair;curren)::Manila, i£2l;los, per ton. v Mahilav,:butput,i:/18,0P0;balcsv; ' ; / ''" /■/;; .■« ,/: ••:, The-wheat market-remains firm,-but advance •.•••.is^olie(Ke& , ;wPricttVMv«/vd^iii^ : ':'3d;-'i-per': bnshel; •' -, 1 -;;/ / There is.a' brisk demand for oats. , /- • .Beans"are,scarce;ftThe-.market-is firm (last .week s quotation; '/-old!,/.c'rop f.a.q. per 5041b • •svas 31s) ' Peas—The market is firm,'' and. price? cor./yl'J 6 ' fldvoncfe. (last/-week's quotation; New V:'Zealand/'partridgo,/ppas;./]i!ir :5041b., was-4Gs.).': ; • : .T, ho pocksfdot ,S6ed / niarket, is steady. ,at ■ 80s., .;y,with a- firm -market-, for-, all /grades'. ..■.'/' ' i THE FROZEN ME IT MARKET Jnr TEi,Eoiurii-i;i!Ms I London, April ''Tl l6 y roze[ f.Meat,' Smith- : , field Market /quota! the; 'undermen.y.tioned classes: of; frozen; !ni(!at" aro /'based on actual/'sales of not /less'/than 100 'carcasses of ; mutton; or - lamb,; dr. /twenty-five : carcasses/.'of /beef : : o£ fair average ; .qu'ality.; l ; f These quotations :: are not for selected line's.: but for parcels fairly -■^representative'of the bulk of-thtf shipments now on the markot;— ■ ; • . ;' ! :"- i April 18, April 25 d d. Mutton— Canterbury, light 3 11-1G 3 11-1G Canterbury, -medium . ...y-2} ' ./.: 3 5-16 Canterbury,. heavy ... ... 2J • • 2J- : / Southland /■ ... .■ ..,/■ — — :. North'lsland, best brands.;. - 3 ■ :2f ' ,North -Island, ordinary ... '2f 2i :,'/ .; Australian,-/ light ... 2} ■!';"■ ;:'. 2J / / . / i/Australian.-hbavy/,''..; '/^\''.;.-!--2}.".;-''V-'- '2J River Plate, light: ... ... 2J. 2 9-16 - River Plato, heavy ... , ... 2i 2} ■/ILainb—;,i/; i : !v/:/-;'///'// : ' :/. Canterbury, light : ;... .4J'- / i 13-1G " • Canterbury,' medium:' - / ... 4J 4 11-16 /Canterbury, heavy ... ... 4i 4 3-16 -Southland :. . ... — ;. -—: North Island, selected. ! ... 4| . 42. ' ' North/Island, 0 //iiv '' Australian, best-' ... ;'... ; 3J'. ' 3J. ; ./. ■'^:'-Au^feali»n l vfnliv/''iy-','i.''- ...'. 3.j '•!;-.-■ '3} . - . Australian; inforrjr,3j ' 3j • -River/.Plate ..... " ' ... ;3J- . 3J ■ '■■-.-Bcef-r!!-/ : --; v. • ;/' ;-!/ •'/■- . New Zealand fores ,• ... 2 5-16 , . 2-sflG New.' Kealaml li\n Is 3 3-lfi 1 3 3-16 '• Australian fores,-. ... ... 2J 1:' 2} :. ..Australian'hinds.- ;.. ... 3i ,31 !/, , ..^Biye'r-;I > lat6.'fores-~- : .'-'... : --.:- ... 2] 2j} ■■/River Plato hinds ... ... 3 1-18 3 1-I.G.

. COLONIiL AND OTHER PRODUCE. •: (BY TELEUKAPII—I'EESS - 'ASSOCIATION —COPYKIOIIT-) London, April 25. . Rabbits.—Tilers is a slump in the demand • for rabbits. Largo Victorians, ox Runic, wero 1 i. vainly, offered at;9s.,6d. Thero is small de- £ '.mand'.'for:Sydneys:at-lis'.', ex'.store. It is estimated .that at least 60,000 crates '. will bo stored j" till tho now sfason. '> , Hides aro . negleoted. . Tho- offerings'at tho , • sales were withdrawn. Basils are steady. First Wellingtons, 15Jd. to lfi-Jd. s Hemp—Quiet." ApriWuno shipment,',£23 ss. , s - ' Copra—ln fair demand. South Sea, in bags, l " XlB. r " _____ £ • TEE METAL' MARKETS. I [DI TKLIOIIAPH—I'ItESS association—corvmoniM li v:. ■'...' London, April 25. i; - Copper4Qri the spot, ,£57 6s; 3d. per ton ; t throe months, -EoB Is. 3d.; electrolytic, .£SB I 17s 6d I. Tin-On tho spot, o£l3J 155.; tlirco months, i,' .mt 15s: " '■■■..■' "' ■■ ; ■ s Silver, 2-ld. per ounco standard. ■■'■./•,'•' -. / • ' MINING SHARES. 9; (BT TELEOIIAPH—PRESS 1 ASSOCIATION—COPTRIOHT.) • London, April 25. ' j Waihi, buyers XB, lßs. 9d.', 'sellers .£9; Waihi J Grand Junction,' buyers 295. dd., sellers 30s. 7d. > STOCK EXCHANGE. (BI TELEaitArn—PRESS ASSOCIATION) •' Dunedin, April 28. v Stock Exchange sale:"Wailii Grand Junction, .£1 lis. ,; Stuck., Exchange. . quotations:—Dredging stocks: Alexandra Eureka; buyers Is. Gd., sellers 35.; Alexandra Lead, sellers 2s 9d. ; Electric, buyers. 35., sellers- 4s/ Gd.; Enterprise, sellers ;35.; Hartley .arid Riley, buyers 175., sellors £1 Is.; Kopntai (cum div.), sellers £2 7s. , Od.;: Mastortonj buyers .£2,. sellers .£2 7s. 6d:'j : Maiiuherikia, buyers 10s„ sellers/ 13s. : Mystery, v Flat, sellers,i£l ,125.; ■Rise 'and Shine,. buyers .£1 125./.Rising, Sun. buyers £\ 125.; Sailors ■ Bond,- sellers 12s. ;6d; : Mining stocks: Big River,; .buynr4:, d£2 - 12s; Cd;; Talisman Consolidated, buyers -Ja.ls.i- sellers ,£2' Bs. Gd.; Waihi Grand Junction, buyers i£l 10s. 9d., sellers' .El ' llSi stocks:,.' National. Bank, ; buyers \£s;-Gs,\.Gd., sellers ,£5 10s.; National; Mortgage-: Cp.v-.buyers ;16s.',' sellers- dC3;-New Zealand Portland Cement, buyers £1 19s. 9d„ seners :^82.-05.;3d.; /'Otago Daily Times," buyers ■ .£2l 55;,, sellers £22.' , - /'..„•; . •■" ; :'. ••' ■ " : a new enterprise/ - . (BT TELEGRAPH—PBESS ASSOCIATION.) - - Auckland, April 28 i .I'iji'files to hand, to-day.state.that: Mr., Geo. : . .Bellingham,/ M.E.; rrepresentihg-. tho : Goldflelds fin/the Upper House of""Wostern ;A-nstralia, and ■ 'Mr.V'J. .;W; Archibald, 7M.E,, have, arrived .in .Sriva.in' connection with gold.mining operations. ' These.'.-gentlemen .are .-managers - for tho. Fiji ■ PrpspDcting'- Md' Option Syndicate,N.L.,, and . . have with' them, the :most modern and complete . assaying•! macliinery.Specimens : '..of bro found .in'sthe".colony-are .reported ;40 per ','oent'.';copper, 20 per cent, silver, and;3Joz. -per: ; ton of, gold. . ' ' . -.- '■'•■ Vj,' v. "It.needs no .specially, brilliant prophet," says i 1 the,. "Fiji* Times" ,".tb, foretell - that • if ,similnr ;ore's.'.aro. jfound to: exist, in quantity such a .discovery'-..wi1l /.'mean la.. commercial revolution in the otherwise, prosaic, futuro.of this colony."