COMMERCIAL.

Dominion, Volume 2, Issue 561, 16 July 1909, Page 8

COMMERCIAL.

THE SHAKE MARKET.

The only transaction recorded ycstciday was a salo of Westport-Stockton Coal shares at 5s 9d The buying and soiling quotations exhibit no changes. National Bank, sellers £5 9s ex dividend, National Insurance, bujors XI " 8s 3d, sellers -El 9* ; New Zealand Insurance, b bny«rs £3 17s. Gd , Standard Insuiancc, bujers a £1 35,; Wellington Investment buyers lis Gd , fl Wellington Trust and Loan, sellers £G 18s j . National Mortgage, buyers £2 17s, sellers .£3, Feilding Gas, bnycrs £1 0s 6d , Meat Export, * third issue, sellers .£3 Is , Wcstport Coal, s buyers .£6 7s Cd , Westport-Stockton, sellers r Gs ; Taranaki Petroleum, bujers Gs Gd ; Ley- „ land O'Brien Timber, sellers £1 2s 3d , Now t Zealand Cement, buyers £2 Is , Wellington c Opera House, buyers .£7 Us- Gd , sellers £7 17s Gu.; 'Whitcombo and Tombs, buyers .£1 6s , Sharland's ordinary, sellers £1 2s , preference, sollors £1 2s. Gd.. f i v TEE MINING MARKET. s Activity was again a characteristic of this market yesterday. At tho morning call tho sales on Change wero —Waihi Grand Junction, £2 7s. (two sales), and Waihi Consolidated, da | Bd. The reported sales were.—Consolidated Goldfields, 19s , May Queen, 4s 9d , 4s lOd , " Talisman Consolidated, £2 15b , Watchman, *: 25., Mountain King, Is. Hid., Dominion, Is, j; Is Id, Is lid At the afternoon sitting the j transactions on 'Change were —Talisman, £2 , 15s (two 6alcs), Dominion, Is 2d , and Maori- j land, 8d 'Tho reported sales were —Waihi Grand Junction, <£2 7s Gd, and Mountain c King, Is Hid. The quotations, with tho last ( recorded sales, were as under — 3 Buyers. Sellers. Sales. < 1 £b A J)s d. £ s d. i Con. Goldfields .... 018 9 019 6 019 0 i Dixon's Consohd'd 0 12 0 13* — < Dominion . 0 11 0 1 1J 0 1 2 1 KarangahAko — 0 l'2J — 1 Kuranm Caledonian 0 2 3 0 2 5 — ' May Queen _L 048 s O4 10 04 10 1 N.Z. Crovvn 0 G 2 0 G 5 - ' i New Big River ... — 2U 0 — ' New Sylvia ~..034035 - New Alpine (9s. 3d. \ paid) . - . 07 0 - - ] Mountain King-. ..'0 1101 0 2 0 0 IHi ! Maonland 008 00 BJOOB Saxon . . 0 3 3 ,0 3 5 — Tairua Broken Hills 0 2 0 — — ' Talisman 211 9 215 3 215 0 ' Waihi Extended .064068 — ' Waihi G'd Junction 273 276 276 ' Waihi 9 2 0 9 3 6 — Waiotahi 0 7 0 0 7 3 — ' Waihi Consolidated 148 049 048 Waitangi 0 i 1 0 i i — I Watchman „. 01 10 020 020 I THE PAST WOOL TEAR. % Tho ■statistical information in Dalgoty'B "Eonew" of the past wool year is as usual very full and very interesting. The figures Bhow that the total exportable production of Australasia amounted to 2,288,104 bales, which if taken at the average of £11 6s lOd. .per bale shows the value to bo [£25,950,912; but to tho above must be added 40,273 bales, which have been manufactured into cloth, etc, in the Commonwealth and Dominion, worth £456,763 Thus tho total wealth obtained from wool during tho year has been £26,407,675 Tho previous year's exportable surplus of 2-,067,831 bales was valued at £26,768,952, adding wool used by manufacturers,, tho value of tho total clip was £27,811,687. The average valuo per bale of all-the wool sold in Australasia during the past twelve months was £11 6s 10d, as compared with £13 0s 2d. for the previous season, a decrease of £1 13s 4d, or 12 8 per cent Of the last clip 76 per cent was of mcrmj growth, and 24 per cent, crossbred, as compared with 78 per cent, and 22 per cent respectively for the previons season The average weight of wool produced per head works out at 61b 1407, which compared, with 61b 9oz in 1907 8 Tho averago monetary return has been 4s. 9d. per head of sheep and lambs, as against 5a Id for the previous season, the lesser monetary return being attributable to Jower values J ruhng for w 00l The tendency on tho part of owners to still further reduce the weight of their wool bales has continued, with tho 'result that tha average weight per bale of the past elip, as dealt with in Australasian markets, amounted to 330 61b , as against 333 71b during tho previous season, and 339 71b in 1906-7. The number of sheep in Australasia at latest available dates totalled 109,345,967, an increase of 872,345 head, as compared with the revised numbers of the previous year The verj small net increase in the flocks is due to the heavy mortality m Victoria and Riverina, poor lambing percentages Und heavy slaughterings for local consumption and export estimated at 18,000,000 , Customs'" revenue collected at "Wfellington yesterday amounted to £5088 14s. 4d. TALLOW SALES. ' (By Telegraph —Press Association -GoDyrlebt) London, July 14, At the tallow sales 2164 casks wero offered and 1475 sold. Fine mutton, 33s Gd per cwt, medium 31s ; fine beef, 325. 6d , medium 30s. Gd i ' SILVER. i (By Telegraph —Presß Association.—Copyright) London, July 14 , Bar silver is quoted at 23 7-lGd. per ounce standard. / \ WOOL SALES, BUSINESS MORE ANIMATED. (By Telegraph.—Press' Associatldn;---Oopyrlßht.) London, July 14 At the wool sales a good selection was of. feTed, and business was moro animated, The Americans are operating freely. Prices of good merinos and crossbreds, as well as of other sorts, wero firmly maintained. Gear ohp sold at B]d., Warepa Hid, Waiotu 12fd. _ AUSTRALIAN PRODUCE MARKETS. (By Telegraph.—Press 'Association.—Copyright.) (Rec. July 15, 1155 pm ) Sydnoy, July 15 Wheat, ss. 4jd. Flour, £12 10s Oats, New Zealand white, 2s; Bd. to 2s. 9d./ Algerian feeding 2s 3d to 2s sd, seeding 2s 6d to 2s 7d. Barley, Cape, 33 3d. Maize, 4s, to 4s. Id. Bran, £4 5s Pollard, £4 15s • Potatoes, Tas maman redskins £6 10s., darkskins £3. Onions, Victorian £7 10s, New Zealand £G 15s. Butter, 128s. Cheese, 6d. to Bd. Bacon, 7£d. to Bd. , Melbourne, July 15 Wheat, 4s. lljd. to ss. Flour, £11 10s Oats, Algerian Is. 9d. to 2s Barley, prime English malting 4s/, Cape 2s 9d Maize, 4s Id. Bran, lid. Pollard, 13Jd- Potatoes, £4 to £4 15s Onions, £5 10s to £6. Adelaide, July 15 Wheat, ss. Flout, £12. Bran, Mil. Pollard, > 13d. \ LONDON MARKETS Tho New Zealand Loan and Mercantile ' Agency Company, Limited, have received tho i following cablegram from their London house, - under dato July 14 —Tallow Wo quote pre--3 sent spot values for tho following descriptions ! of tallow Good mutton, 32s , good beet, 31s , 6d ; mixed, 30s Market firm. 3' f STOCK EXCHANGE (By Tolegraph.-7-Press Association.) Dunedin, July 15. Stock Exchange sales: Waihi Grand Junction, £2 7s , (three parcels), £2 7s. lid , Hart--1 ley and RUey, £1 6s 3d., £1 6s. 6d , Waio- " tahi, 7s 3d (three parcels). Sales reported , Waihi Grand Junction, £2 Gs. 4Jd, £2 Gs 6d (two parcels), £2 7s ; WaikS Extended, Gs 5d ; Waihi, £9 Is , Manuhenkia, Is 6d.;Waihi } Grand Junction (6 weeks forward), £2 Bs., £i , Bs. 3d ' , MINING NEWS. (By. Tolegraph.—Prcsa Association.) , Hokitika, July 15 ' t The large pumps for tho Ross goldfields have i been swung into position for lowering into i tho pump shaft, which is in good working order. The compahy's electric plant continues to run smoothly.