COMMERCIAL.

New Zealand Herald, Volume XXIV, Issue 7836, 4 January 1887, Page 4

COMMERCIAL.

New Zealand Hjekald Office, Monday evening. KAURI GUM REPORT. Mr. H. P. Barber publishes a most valuable circular respecting the kauri gam market of this port, in which are given statistics of the exports for the past 16 years. For the year 1886 we learn that 4880 tons were exported. Of that quantity 1333 tens were sent to London, 3535 tons to New York, and 12 tons to San Francisco. The following is & comparison of the past 16 years : — Year. Tons. Year. Tons. Year, Tons. 1871 5206 1876 2871 1881 5486 1872 4684 1877 3<48 1882 6230 1873 2619 J 878 8410 18S3 63r.6 1874 2193 1879 8247 1884 65fa7 1875 3127 1880 4698 1885 6836 188S 4880 The following were the supplies of East Coast gum for the past six years : — Jan. Feb. Mar. April May June Tons Tons Tons Tons Tons Tons 1881 .. 39 75 95 76 61 75 1882 .. 75 60 65 41 10 36 18S3 .. 55 68 HO SO 64 70 1884 .. 63 77 80 63 65 42 1885 .. 45 90 105 65 60 60 liß6 .. 50 54 78 53 66 49 July Aug. Sept. Oct. Nor. Dec. Tl. 1831 .. 80 78 90 110 40 58 873 1882 .. 48 54 63 78 68 100 756 1883 .. 45 94 83 70 40 87 826 1884 .. 45 90 81 84 55 66 791 1835 .. 102 90 84 72 60 60 883 1856 .. 110 93 60 61 70 62 777 4906 RECAPITULATION OF THE EXPORTS. Jan. Feb. March April May June Year Tons Tons Tons Tons Tons XToss 1871 710 .. 454 612 424 426 1872 323 282 340 288 858 1873 152 29 J 145 .. 238 3X74 170 235 .. 39 .. 675 1875 24 683 117 13 374 39» 1873 183 648 2 .. 227 1877 394 .. •• 1014 ■■ ... 1878 .. 489 265 .. 804 888 1879 226 .. 375 .. . .. 463 1880 428 156 227 1241 65 620 1881 557 608 448 45 . 753 629 1882 309 305 629 655 331 216 1883 442 677 383 672 419 585 1884 632 332 966 .. 1045 65 1885 418 210 768 620 12 643 ' 1836 46 106 622 609 67 750 July Aug. Sept. Oct. Nor. Dec. Year Tons T«ns Tons Tons Tons Tons Tl 1871 455 270 716 486 480 173 5206 1874 502 499 .. 741 186 675 4634 IS7B 211 «53 .. -. 135 775 2619 1874 .. 181 .. 411 53 432 2190 1-75 .. 262 200 .. 284 705 8127 1,70 l 453 256 135 190 796 2871 1877 4« 330 457 .. 290 467 3448 1878 .. 358 888 337 3 383 3410 1879 8510 211 6 .. 851 226 3!47 legO 287 292 4 676 718 206 4698 1841 3 60S 689 250 409 400 6486 1582 292' 184 720 215 240 912 4963 1833 683 702 484 33 668 . 703 «350 1884 643 736 401 879 .. 858 6557 1885 868 108 622 413 .. 1138 5833 1880 319 320 620 248 497 818 . 4880 recapitulation of SUPPLIES. (Including East Coast as above). 1879 1880 1881 1882 1833 1884 1885 1886 Tons Tom. Tons. Tons. Tons. Tons. Tous.Tons Jan... 220 460 840 370 490 680 472 309 Feb. .. 215 347 450 410 545 626 418 328 .M arch 350 620 470 340 590 693 540 897 April 220 539 410 370 645 632 448 308 Mav * . 225 300 . 390 385 465 483 486 394 June'.. 280 376 385 350 670 411 820 245 July .. 226 336 430 328 485 459 470 514 August 350' 400 435 450 540 579 476 . 404 Sept. .. 273 390 416 345 640 535 372 386 0»t . '.'6O 430 530 485 445 365 898 440 Nov.". 220 60d 345 480 430 425 312 373 Dec... 620 688 600 720 030 450 408 475 Tons 3339 6278 5100 6333 6305 6930 611? 4578

LONDON.

Our dates are to the 19th November. Prom the N.Z. L. and M. A. Co.'s circular of that date we take the following : —' Wool.—A rather better tone has prevailed in this market during the last week. This is attributable to the maintenance of consumption on a large scale, and consequent diminution in existing stocks owing to the postponement of the fifth series to 30th instant, and to the support given to values at the Antwerp sales lately terminated. These auctions commenced on 9tb instant, and closed on 12th idem, the o&talogueo embracing 561 bales Australian, of which 503

bales were disposed of, at rices on a pat with oloiing rate* of fourth series. Advices from the River, Plate continue to report: a probable decrease in thirf season's production, but it is diffi - cult to obtain reliable data with regard to this question. The following are the fresh arrivals for the fifth series : —New South Wales, 17,344 , bales Queensland, 5.983; • Victoria, 21,816 ; South Australia, 13,084 ; Weston Australia, 47; Tasmania, 751; New Zealand; '8,028; Cape of flood Hope, 21,263: total, 88,421 bale** t "" Tallow.—For tbe two public auctions held since tbe date of our last circular 1590 casks Australian and" New Zealand were catalogued, 1099 of these being disposed of under the hummer. The market throughout has been firmer, and all descriptions have advanced in value during ' the fortnight to the l extent of about 2« per cwt. Perhaps the most important factor in bringing about this improvement was the receipt of telegraphic advices from Australia to the effect that shipments thenco for October had . aggregated only 500 casks, ns compared with 5400 shipped in the corresponding period of 1885. This information, following upon the advice of limited shipments (300 casks) made during September, naturally imparted ' additional strength .to tho market. Stocks in London have been steadily decreasing of late; more favourable trade reports have latter]: been received from both France and Amprja ; and as home and export buyers ooij|j>tje to purohaae freely, the market oloses sjfj'dy with a further upward tendenoy. tTe quote:— P.Y.C., new, 31s 9J per owt.; mutton, fine. 29* 6d to 80s 3d t,ao", do. medium, 28s to 29»; do. do. hWjjno, nom., 26s to 275; do. do;-, medium, 24a to 25s 9J. Importations into London tbe fortnight ended 13th instant amounteii to 2257 casks. The estimated m warehouse is 10,890 oaßks, of whigf-gijo are Russian. Ileather, Hides, &o.—Leather : At the public 'Bales which were held on the 12th instant, out of an offering of 3146 sides, 1069 were disposed of. There wm a marked falling off in the demand, and for the portion sold recent rates ware with difficulty obtained; whilst for the bought in lots the biddings marked a decline qf fully J>l per lb. Wo quote Fair to good sides, heavy, 18$ to 17|lb average", 9.1 to 10|il per lb ; do., light, 9J ttf-IOJ, 9rt to IOJd ; do., extra heavy. 18$ to 22, BJd to IOJd ; do., seconds, 132 to 16J. B|d to 9(3. Bulls; At the public amotions which took plnoe on 12fh instant, 46,348 skins were catalogued, and 30,222 we|e sold. A fair .general demaad prevailed, and lor the portion disposed of, quality considered, full values were obtained. Inferior and previously offered parcels were more inquired for, and realised prices in advance of those obtainable for some time past. We quote Bast strained skins averaging 7£ to 27i'bs par doa, to 13d per lb; seoonds, 7f to 2% 4J4 to Sj.l; un« strained. Si to 26J, 4d to 6Jd. Preserved Meats. -The general improvement in tone reported in our last isauehas barely been maintained, except in the oase of 6lb tins, whioh are dearer, and only, limited sales have* bsen practicable at recent quotations.' Compressed corn beaf oontinues to reoede in value. The ordinary trade demand has already become muoh diminished in view of the near approach of Christmas. We quote Boiled mutton : 21b tins, 4Jd to SJJ per lb; 41b tins, 4J4 to 4sd; 61b tins. 'l£d to 4|d. Boiled beef : 21b tins, 4id to 4|d per lb; 4ib tins, 4JJ to 4JI ; 61b tine, 4jd to 4jd. Importations from Loudon during the fortnight ended 13th instant amounted to 752 cues frsm Australia, 785 from New Zealand, and 2430 from America. Copra.—The mirket • has continued steady daring the past {fortnight,, and values remain about a* last quoted. Wo quote : Sydney sundried, £14 15» to £15 per ton; do. kiln-dried, £13 5s to £13 10s; Singapore kiln-dried, £14 10s te £157* 6d,

Cocoanui Oil.—The market oontinues firm, and Cochin, being in short supply, has further advanced to £37 10s per ton on the spot, but for arrival, some months hence, £33 10s per ton has been accepted. Ceylon rules at £26 10s pet ton. »>

New Zealand Hemp.—Tbe market for Manila baa continued steady throughout the fortnight, whilst Sisal has further advanced, and sales have been effected at an advance of 10s per ton on our last quotations. There is little change to report in New Zealand descriptions, the stock of whloh»is at present small, and chiefly in the hands of dealers. Some 150 bales of good clean Auokland are offering at £24 10s per ton, £24 having been refused. We repeat our last quotations Superior soft, bright hemp, £24 to £25 per ton ; good quality and well cleaned, £23 to £23 10s ; medium, fair to good, £22 to £22 10s; common, coarse and strawy, £19 to £20.

Kauri Gam.— the public auctions which took place on 4th instant, 1216 oases were brought forward, and 723 oases were sold. A fair demand prevailed, and prices ruled fiirly steady,. Gums between 55s to 60* and below 50i per cwt were in good demand, whilit those between 80s to 90* per owfc were more inquired for. At yesterday's sale* 960 eases were catalogued, and 424 oases were disposed of. Gums below 40s per owt sold at an advance of fully 5* per cwt, while desoriptlooi from 45n to 55s per cwt met a good demand at steady rates. Other descriptions were without material change. We quote:—Fine pale, selected, £6 to £12 per cwt; clean, hard, good to fine, chiefly amber, 85s to 100j ; good to fine, clean, hard, scraped, 72s 6d to 82» 6d ; hard, three parti scraped, fair to fine, 56s to 67« 6d; hard, half aoraped, fair to fine. 49s to 575; rough sorts, ordinary to good, 40s to 46i; black and brown hard, scraped, No. 1, fine to superior, 55» to 62* 6d; do. do,, chiefly scraped, No. 1, 42s to 52s ; pickings, ordinary to fine, 30i to 40s; chips, low and ordinary to fine and superior, 15s to 60s; dust, low to fine, pale, chippy, 7s to 255.

Hops.— fair business has been passing daring the past fortnight, bat values are without material alteration. Some " long growths" have at length been placed, bat very low qualities continue neglected. The arrivals of foreign bops this season have been of small extent, the greater part being shipped to America, where, owing to the failure of the crop in the Eastern States, they meet a hotter market than here. We quote : East and Mid' Kent finest goldingi, 1886, £4 to £6 6* per cwt; do. ordinary, £2 10s to £3 15* ; Weald of Kent, £2 5s to £3 15s; Sussex, £2 2s to £3 3s ; Amecan (States), none ; Californian, none ; Bavarian, £3 to £5 10a; New Zealand, cono; Tanmanian, none ; Victorian, nona.

CALL AND DIVIDEND LIST.

CALL*. *> s. d. Data. N.Z. Smelting <" 0 1 6 — Jan. 15 Auckland Agricultural and Mercantile Co. ... ..0 6 — Feb. Taupirl Reserve Colliery C 0... 0 1 0 — Jan. 11 DIVIDENDS. Adeline G.M. Co! ', ~ ..010 — Dec. 30