COMMERCIAL.

New Zealand Herald, Volume XVIII, Issue 6190, 19 September 1881, Page 4

COMMERCIAL.

LONSOJJ. Our latest advices are to the 11th August. From the 2xew Zealand Loan and Mercantile Agency Company's circular of that date we take the following: — Stock Markets.—The fact that many large operators are ont of town has had a material effect in curtailing the amount of business passing. in these markets during the past four weeks. Prices have, however, until recently been fairly well sustained, but the advance in the value of money, which commenced about a week ago, has had a depressing influence upon those stocks * mainly dependent upon London for support. The colonial market has been steady until within the last few days, when prices have appreciably given way. New Zealknd.O per cents are unchanged, and the quotation for the 5 per cents 1914 is the same as on the 14th ultimo, notwithstanding the payment of the half-year's interest on the following day. The 5 per cents 1559 are £ better, but the remaining issues, including the 4 per cent- inscribed stock are about J lower on the month. COLONIAL OOTBRNMBifT SECURITIES. . .

Wool.—Since the closc of the last ssries of sales on the Ist ultimo, very little business has beon transacted. A slight inquiry for particular descriptions has been reported, but no sales of any importance have resulted. The arrivals for the third series of sales equal a total of 363,274 bales. Gorn Market.—Considerable progress has now been made with the English harvest, and the anticipations so long held of a favourable yield are in course of realisation. For good Australian wheats now on show 51s for 49Glbs is paid, but with some reluctanco. Fine long berried New Zealand is taken at 51s to 52a, and other descriptions at from 48s to 50s, according to quality. Flour is in short supply, and may bo quoted at 30s for superfine Australian, and 32s for line New Zealand. Oats of good quality are scarco, and inferior sorts are slightly dearer. Barley of fine malting quality will be abundant, our crops being large and well grown. Prices are expected to rule low when tho trade opens. Current prices, ex granary, are as follow South Australian and Victorian wheat, 50s to 51s per 49Glba; Now Zealand, long berried, 51b to 52s per 4991bs ; New Zealand, other sorts, fine, 49s to 49s Gd per 49Clbs; New Zealand, good ordinary, 43s to 48s Cd per 4901b5; Australian flour, superfine, 34s to 30s per 280lbs; Australian flour, household, 32s to 34s per 2Solbs; New Zealand flour, 303 to 32s per 2801bs; New Zealand oats, fine, 25s to 31s per imperial quarter; New Zealand oats, common feed, 23a Gd to 27s 6d per imperial quarter; New Zealand barley, fine malting, 33s to 393 per 4481b5; New Zealand beans, 44s to 40s per 5041b3; New Zealand oatmeal, 200s to 20s per ton ; Australian peas, 35s to 38s per 5041b5.

Tallow.—We quote: P.Y.C., new, 41a per cwt; Australian mutton, fine, 30s to 3Gs Gd per cwt; Australian mutton, medium, 34s 0d to 35s Cd per cwt; Australian beef, fine, 34s to 34s Cd per cwt; Australian boof, medium, 32s Cd to 33s Cd per cwt. Leather—Current quotations are as follow: Best sides, heavy. ISiJibs to 1711bs each, IOJd to lljtl por lb; best sides, light, lOJlbs to ]2Jlbs each, IOJd to lljd per lb ; extra heavy, 19Jlbs to 20}lbs each, IOJd to lid por lb; seconds, 1331bs to lCJlbs each, ajd to IOJd per lb. Basils.—Wo quoto : Best strained skins, averaging "lbs to 17Jlbs per dozen, 133 d to ICJd porlb.; second, averaging Olbs to lGJlbi por dozen, 9}d to 13d per lb ; unstrained, averaging, lOlbs to OHbs per dozen, 8d to 101 d per lb. Salted Hido3.—We quote : Sydney heavy ox, SJJ<I to s;d per lb; Sydney light ox, 5d to 5Jd por lb; Sydney seconds, 4 Id to 4Jd per lb; Sydney cow, 4§ to s£d per lb. Preserved Meats.—Boiled mutton : 21b tins, s}d to 5Jd per lb ; 41b tins, 6Jd to s}d por lb ; 01b tins, 5Jd toSJdperlb. Boiled beef: 21b tins, 4Jd to 4Jd per lb: 41b tins, 4}d to 4Jd per lb ; 61b tins, 4Jd to IJd per lb. Babbit Skins.—Present quotations aro: Fair to good skins, ljl'is to IJlbi per dozen, 19d to 24d per lb; common and ordinary poor season, ljlbs to ljlbs per dozen ; 13Jd to 18 Ul per lb; medium, lib to ljjlbs por dozen, 12(1 to 183d~per lb; small and suckers, Jib to 31b per dozen, 8d to 14jd per lb. Kauri Gum.—The market has been very flat and sales have been effected with difficulty, ordinary unscraped gum being realised at a conslderabld but irregular reduction on tho prices ruling at the end of June. Of 1.033 cases offered at auction only 550 were sold at the following rates :—Pale selected, Lβ to Lβ 2s Od per cwt; fine bright pale, L 3 19s to L 5 7a 0d per cwt; clean hard scraped, L 3 to L 3 12s 3d per cwt; good serts, L 2 Es to L 2 19s per cwt; pickings, LI 7s 6d to L 2 3s Cd per cwt; chips, 16a to L 3 0s GU per cwt; duet, 12s to 1-2 0s Od. Mother O'Penrl Shells.—The next sales will held on 6th September. The demand continues good, and wo anticipate (all prices for all descriptions. Wo quote: Green car (ifetF Zealand) fair to good, 7Jd to Iβ

2dper dozen; green-Nsar onHnaijy 5d to/Bid per dozen. .".."'. .■■■.■"." Cotton.—The demand for Fiji has been rery slow, - and only trifling sales have been effected at easier rates—viz., lid to led for mixed with stain to fine, Tiiiti is neglected. V ■- Copra.—We quote sun dried Sydney Ll3 10s to LM 5s per tonaccordlngto quality, and Mn-diied Ll2los BY TELEGRAPH. WELLINGTON. : :: September 17. — Messrs. Leary and Campbell report: Fresh butter realised Is per lb, and eggs Drought 9dto 9{d p«r doz; fowls, 3s Sd per pair; cheese, Id to 4id; .nothing-doing in Tiamc and bacon: a cargo of potatoes was sold by auction from the ship's tadJe yesterday, and realised 30s per ton, sacks included. . , . CALL AND DrvTDBHD UDSr..' ; :' :' The following are the current calls and dividends in the companies ;uuned bolow, as certified in our advertising columns: . calls. £ s d Date. New Colonial G.M. Co."! 0 0 2 — Oct. 10 New Whau G.M. Co. .T 0 1 0 — Oct. 12 Waitekauri G-.U. Co. .. .. 0 0 3 — Oct. 12 BIVIDEjns. Bank of Anstralasia. .. .. 12 per cent. Oet. 4

| v Closing BaslIntercst due. *. Name.*" Quotat'ns.lnesa i2 - — done l - ■ ___ Jail 1 & J'aly 1 |6 N. Zealand, 1891110, 11J .. Max 15 & Sept 15 C 1891112, 11-4 1131 Jane 15 4 Deo 15'6 „ 1891111, 113 .. Jan 15 & July 15'5 1914 108, 110 1071 Jan 15 and qrl/ 5 N Zealand, consolidated 1 per cent, per ann sinking-fund 103, 104 104$, Feb 1 & Aug1 4$ N. Zealand, 5-30, ![3|, f 1879 to 1904 100, 101 1031, Jan 15 & July 15 5 N. Zetland, 6-30, . [U, 1 1SS1 tD 1906 102, 103 103}, [*, 2J March 1 & Sept 15 K. Zealand, 10-40 104$, 105$ 105$, Mayi: November 5 N; Zealand, 1889 [2»$ii scrip all piid 105, 100 ll'5$, & November 4 New Zealand, in- [-tj scribed stock 971, 9S$'98J,$, - ; I H. I

COLONIAL BAXKB. o Name. • 'Closing ° § 5 3 Quotat'ns. ars a S ».... 10 B ink of Nev Zealard.. 10 24i,- 25i •24$,f,3,5 10 National Bank of New Zea'and, Limited .. 3J 3$, 4 3§,15*16. • ih # 4U Bank of Aus'ralasia .. 40 73, SO 781, 9,8§ 20 cVan.credBauk.of India, Austra ia, and C:iina 20 24J, 25$ 20 Scottish,. and Aus. Chartered Bank 20 24}, 25V 25, l,§,f 29 L ndon Chartered Bank of Australia .. ..20 20, 21 20, I, 5 National Bk. of Austral- [4, 3 ueia 4 Si, 9 Ui, i 20 3ank o" N. S. Wales .. 20 61, 63 6U, 60J, 25 priental B. Corporation 25 22J, 2lf, 2£ 10 NationalB., j Limit© l .. .. ■.. 5 9. 9J 25 BankofSmth AustralU 25 40J, 4lJ 40V,li,l 25 Union Bank of Au&tral a 25 61,. 62 651,6,l£, 50 iBank of Victoria .. .. 25 34, 36 MISCELLANEOUS. A . } Closing Business 5a Name. 5 Quotat'ns done. 100 Auckland Harbor Board 6 per cent Debentures 100 106, 10S 107 100 City of Auckland 6 per cent Deben , * c k , 1872 100 115, 117 117, 16, 100 City of Auckland 6 per [17 c nt. do., 2-s, Act 76 100 115-117 100 City of Christchurch 6 per cent Drainage 100 115, 117 100 City of Duaedin 0 per cent Debentures, 1925 100 115, 117 116 100 City of Dunedin 6 per centRedc.mable, 1906100 115, 117 100 City of Dunedin 5 per ce it Consolidated Redeemable, 1903 .. ..100 107, 109 107,1, 7 100 City of Wellington 6 per ct Consolidated Loan 100 113, 115 113f, £ 100 City of Wellington Im provement Loan 1920 100 115, 117 100 v ity of Wellington 6 per c. Waterwk. Deb. 1929 100 115, 117 100 Lyttelton Harbor Board 6 per cent. Deb. 1929 100 114, 116 100 Napier Harbor Board 7 per cent Debentures.. 100 102, 104 .. 10 National Mortgage and Agency Co. of Ne* Zealand, Limited ..1 11 lj 10) New Ply. Harbor Board 6 per cent. Deb. 1939 100 106, MS 25 N. Z. Loau & Mercantile (5g, 61, Age cy. Limited .. 2} 5g, 0} -{5 5-10, 25 New Zealand Trust and (6 1-16 Loan Co., Limited .. 5 14£, 15£ 15 5-16, 25 N. Z. Trust and Loan [15, 14j Co, Limited, Pref. .. 25 26>, 27 20$, A, § 100 Oaraacu Waterworks 7 percent. 1907.. ..100 100,102 5 Otago and Southland In- j vestment Co., Limited 1 j 1§, 2| 2, 15-16, 100 Otago Harbor Boa r d 6 [2 per cent. Dob Regis. 100 i 100, 102 106, 8£, 100 Oiago Harbor Board 0 17} perccnt. Debentures 100 | 102, 104 100 Borough of Napie- 6 uer c. Cons. Redeem. 1914 100 1 108, 110