COMMERCIAL.

New Zealand Herald, Volume XXVI, Issue 9264, 18 January 1889, Page 4

COMMERCIAL.

. ■» — New Zealand Herald Office, Thursday evening. Trade keeps good. The demand is not confined to any ono or two classes of merchandise, but there is an all-round steady enquiry. Since the new year there has been something in the nature of a revival of business activity, which is particularly cheering. The discharge of two English ships, and the arrival of the Tainui has mado the week a lively one. . , It is pleasing to note the largely-increased farmers' demand for machinery. _ Nothing evidences better the new heart put into farming than the ready outlay for labour-saving implements, such us reapers and binders, &c, the sale of which of late has been remarkable. , ;. ~ The auction sale of teas was only partially successful. A few lines of the better class Ceylons sold at satisfactory figures, bnt offerings of Indian and China teas are in excess of buyers' needs, and outside of the steady distributing trade little or nothing is doing. „ _, , We hear of a sale of 400 boxes of Globe ; wax candles at current rates for a full line. I ■Fruits continue rather dull. It is every year becoming more evident that in large varieties the Californian product will displace the Mediterranean in this market. A little lot of choice prunes, ex last steamer, is selling quickly. For tine quality and nice net up. the Golden State fruit-paekcrs give New Zealanders a lesson that may be learned with advantage. A sale, in one line, of 200 boxes Brown s cornflour is reported. The largely increasing demand for hightest oil is rapidly depleting stocks, but there is no market alteration. Rice is having some attention. Fair size lots are being shipped to the Islands, and the local demand is better. , Large sales of Nestle's milk have been made. Liquids, particularly beer and spirits, have been ordered freely since the holidays, Usher's and Walker's whisky being in great call. We note that the Hobart jam-makers have advanced their limits to Australian agents. Building materials continue very dull. Maize: Dull of sale, and prices easier—3s to 3s '2d for parcels, ex wharf, being the current price. There is still a large quantity available along the coast, and, unless an outside demand springs up, do not anticipate any advance. Wheat: Southern, 4s 9d to fis, no sales; local, 4s 6d ; fowl wheat, very scarce, 4s 3d. Potatoes : i'S has been paid, but lower rates will rule during the coming week. Oats are lower in price. Long Tartars, 3s 2d to 3s 3d ; bright short, 3s 10d.

Very little business is doing in produce generally : people making strenuous efforts to do with limited quantities, in expectation of lower prices when the new crop is ready. The following wheat roport from the San Francisco Trade Review oi 6th December, will doubtless be read with interest as a market forecast from a great wheat - producing nuarter :—Wheat : Seldom has it fallen to the lot of wheat-holders to pass through a more discouraging set of influences than have for several days fastened themselves upon the situation ; and if after a careful analysis there appears any prospect for an _ improvement in the course of a short time, it must in great measure be assigned to the sort ot courage and confidence that does not understand when defeat is at hand. There are still many who hold that matters must take a favourable turn early in the new year, the basis of such reasoning being the cutting off of supplies from Russia, and meagre consignments from India, along with the impression that this country will hereafter furnish less than its usual quota. This may be so, and in that event the foreign market may be benefited late in the season, but with the present liberal stock in England and the surfeit on the continent, it does not seem possible that prices call rally, unless_ some national disturbance intervenes, which in view of the marvellous advance in diplomacy seems quite remote. In addition to this the stock of wheat and flour in this State, December Ist was 555,337 tons, or iS9,BSS more than on January Ist, nearly 500,000 tons of which will be available for export, ordinary receipts from Oregon added to the difference being probably quite enough for home consumption. If therefore the various other estimates of the world's crop were as much out of the way as in the case of this State, there seems little occassion for any anxiety on the score of total dciiciences. Prices have lacked support throughout the week, reports of dullness abroad with indiri'erenee on the part of buyers here, causing a steady contraction. At the close it would have been difficult to realise 40s for prompt shipment abroad, while locally choice shipping alongside was placed at 81,50 per cental. In the local produce market prices are as follow : Best dairy butter, 7d per lb wholesale, and ( Jd per lb retail; eggs, Sd per dozen wholesale, and 10d per dozen retail.

KAURI GUM .MARKETS.

This market is firm for good ordinary, but East Coast is in less demand. Supplies for l(j days of January arc about 293 tons. We quote :—Poor ordinary, 30s ; fair ordinary, His to .'£3; best ordinary (free from swamp), 33s to 34s ; and East Coast (unsettled), 42s to 435.

LIVE STOCK & PRODUCE MARKETS. AUCKLAND.

Messrs. Hunter and Nolan's Weekly Report. —Grain, horse feed, seeds: The supply has been ample and demand steady. We quote .short feed oats, 4s to 4s 3ri per bushel; Tartarian, 2s Gd to 3s 0d ; maize, 3s 6d ; brnn, .£5 per ton ; chaff, 30s to £2 10s per ton. Horse* : A good many have been brought forward and changed hands without alteration in values. A largo number wero entored for disposal by auction at the Durham Yards on Friday. Competition was steady throughout for those of a good stamp, but spiritless for weeds. Wo rjuote hacks, from £. r > 10s to £11 Ins ; light harness and medium draught, from £tf 10s to £12. Wool, hides, and skins : A large number of hides, skins, and tallow wore pitched at the Durham Yardu on Tuesday. There was a brisk demand, particularly for ox hides. We nuote ox hides, from 3d to 4jd per lb ; cow, id to 2Jd; calfskins, 8d to 4jd per lb; sheepskins, 2s 4d to 4h Cd each ; lambskins, Is Id to Is Gα ; pelts, 5d to 10d ; tallow, IBs to ISs per cwt; rough fat, l?d per lb. (JatMe of all descriptions have been brought forward in rather large numbers, and receded a little in value. The Newmarket Yards on Tuesday wero fairly we-11 fillod. Bidding was spirited throughout, but there was a decline of fully 5s per head on dairy and fat stock. Stores were without alteration. Some averages of fat beasts were—steers, £4 ss, £A Ts, £4 Ts 6d, £6 3s 9d, £b 10s, £6 12s, £.'<, £5 10s Gd, £0 2s 6d ; cows, £2 12s Cd, £3 2s Cd, £3 os, £4 2s od. Sheep : Thero was a good muster at Newmarket on Tuesday, and steady demand, but the previous week's values were barely maintained. Wethers sold at from 9s to 12s; ewes, 7s to 10s 9d ; Jambs, plentiful, sold at from 6s to 9s Gil. Pigs : Few yarded. Sold at from 2i(d to 3d per llj.'live weight. MBSSIIB. A. BUCKLAND AND SONS' WEEKLY REPOUT. —At the Haymarket during the past week meadow hay has kept late values, but oaten hay is in bettor inquiry, and advanced about Gd the cwt; oats brought 3s 6d to 3s Id ; maize, 5s Od and 3s Dd the buflliol. At the horse sale on Friday good working animals were better worth, and brought from £0 to £20, but inferior stock were almost unsaleable. At the usual sale on Tuesday hides, in limited supply, scarcely kept their late values. Ox hideß, 3d to 33d ; cows, 2Jd to 2Jd were the ruling prices. Fat and tallow brought from 16s 0d to 21s 0d ; nones, 4s the cwt. Sheepskins kept late values. Wooled skins brought from 2s 4d to 4s 10d ; lamb skins up to Is 10d each. A number of bags of wool wore also sold, and the prices obtained fully equal to the larger parcels. On Wednesday the fourth wool sale of the season was held. Bidding was more free than at the last wool sale, and prices about a farthing alb better. Good clips of crossbred wool ranged up to 7jd the lb, and the only parcels remaining unsold were exceptionally heavy. At the country cattle sales hold at Pokeno and Drury a smaller number of cattle than for some months has been yarded. Prices for dairy cows close to calving have improved, and yearling steers have advanced from 2s Gd to 5s each ; other descriptions of store cattle have not maintained previous values. At Kemuera on Thursday, dairy cows that promised to be good milkers were in demand at an advanced Erice, varying from 10s to 20s each over late markets, ut medium .and inferior cattle were no better worth. Yearlings wero in good enquiry at full values ; 'grown cattle at lower prices. Fat cattle were abundant, and above 100 good bullocks were withdrawn. Prices for those sold were from Is Od to 2s 6d the 1001b lower than last week, and for steers wero from 12s Gd to 14s ; cowb, 9s to 11s the lOOlbs. Fat sheep in average number were lower, about Is each, but lambs, in excessive supply, were lower, fully 2s, and a large number of the lambs forwarded were bought by the graziers. Prices obtained were ; Wethers, from 8s Od to lls ; ewes, 6s Od to 9s each ; lambs, 7s Od to 10s. Calves, in moderate number, shared in the general depression porkers alone kept late values. Messks. O. w. Binnk.y and Sons report:— Hides selling freely at the reduced .values ruling. Sold a large number. No prime ox offered; medium ox, 3d to 3Jd; light, 2jd; cow, heavy, 2}d; medium, 2Jd; wet and sloppy, 2d to 2Jd; damaged, Jd to Id per lb; calf, 3d to 4}d per lb. Sheepskins : Cleared a large catalogue, including several lines of butchers. Market .showed slight improvement on last week's quotations, with the exception of pelts, which are easier. Tallow: In good demand ; country lots up to las 6d ; rough fat, ljd per lb. Uoues, 4s 0d per cwt. Wool: During the week we have sold 200 bales, also 150 fadges and bags at very satisfactory prices. Merino sold freely at 8d ; halfbred, 8d ; crossbred, 7d to 7Jd; longwool, CJd to CJd; inferior, 6d to Oid.

JOHNSONVILLE CATTLE MARKET. Messrs. Freeman K. Jackson & Co. roport (by tolesrraph) :—On Wednesday stock all round was entered in shore supply. O£ pitfs and lambs thero wore virtually none. The attendance was small. Bullocks were light weight and medium quality, and mado a slifiht advance upon late rates. Beef marto 13s to Kte (id til" lOOlbs, and mutton from ljd to 2d perlb Cattle: Best bullocks, £5 7s 6d to £5 10s, averaaini; .-£6 Ss 0d; tho remaining ontry making £5 6s Sheep : Bost wethers, ils ; others, 10s; bust ewes. Os 3d to 9a 10d ; other owes, 9s. A few lambs brought 0s 9d to Ts.

THE AUCKLAND MARKETS.

y B . Auckland, January 10, 1889. *Kx div. fl h : CALL AND DIVIDEND LIST. 50 CALLS. £. s. d. no Paul's Creek <;.:M.Co.. ..001 — Feb. 13 to dividends. New Zealand Insurance Co.. 0 3 0 — Now,

STOCK AND MINING ASSOCIATION. [ AUCKLAND, JANPARY 17, ISB9. I

A. Saunders, C. Alerandor, S. Vickors, J. F. Clarke, It Frator, .T. M. Lennox, D. B. McDonald, D. G. MacDonnoll, Aitkon Carrick, It. Spratt, F-uncis Hull, Jamo3 Eoid, K. G. Maeky, bamuel Turtle Joseph Newman, Chairman.

[Corrected to noon of Thursday.] '. FARM AND DAIRY PRODUCE. M WHOLESALE. RKTAIL. [ a. d. s. d. a. d. s. d. Butter, fresh, dairy, lb 0 7 — 0 0 00—09 Do., Waikato "Anchor" brand .. ..10-00 0 0-13 Do., inferior salt .. .- 0 3 — ° « Milk, quart n .. 0 3J- 0 4 Cheese, local, lb ..04 — 0 4J 06 — 0/ _ Do., best factory .. 0 4$—0 5 ,„•■„„ A. Eggs, dozen .. ..0 8 — 0 0 0 10 — 0 0 Lard, bladder, lb .. 0 5*— 0 6* 00-09 Hams and Bacon, Pro. 0 6 — 08 -. Do., bare .. -. 0 7*— 0 0 - Cant. Bacon, new ..07-00 0 7J- 0 S Hams .. .. .. 0 7J-0 SI 0 8-10 .lams, case 5doz .. 25 0—27 6 .. Fowls, each .. ..06 — 10 10 — 20 Ducks, do. - «. ... 2 0 - 3 0 Geese, do. - _ - 6 0 — 70 Turkeys, do. _ .- .. 0 0 — i o w , Feathers, lb -. ..16 — 19 — la FLOUR. w £ 3. £ s m Flour, Auck. roller, ton 12 10 —12 15 - 'a Do., household ..12 0—12 5 - cc Do., Southern, roller 12 0 —13 0 » «" Do., Southern, stone 11 10 — 0 0 -. >v Bran, scarce .. „ 5 10 — 0 0 «. to Sharps .. ... ..40 — 00 ... to Cabin Bread .. .. 16 0 — 0 0 ~ IS Oatmeal 25s .. ..IS 0 — 0 0 .. pi Oatmeal 7s .. .. '20 0 — 0 0 .. = Pearl Barley . . .. 20 0 —22 0 Pa*ent Porridge Meal, 71b baps .. 0 0—15 0 - IIAY AND CORN. Por cwt. Hay, ton .. ... 30 — 40 50 — 60 Lucerne, do. .. « 6 0-010 7 0-80 Oaten, do. .. .20-30 4 0-5 ( F Chaff, threshed _ l 10 — 0 0 — 00 Oaten Chaff .. ..20 — 215 .. F Straw, load .. „ 0 IS — 110 40 — 60 Clover, ion .. „ ft 0 — 0 0 ... p Potatoes, local - 8 0 - 0 0 ~ Maize, bushel.. „ s" 3- 0 0 0 0 — 00 J. Barley, feed .. ..30 — 33 3 8 — 4 0 F Do., malting .. .. 3 9 — 3 10 A Oats, feed .. ..30-40 4 2-4 F Oats, nulling .. ..40 — 0 0 00 — 00 v Oats, seed, Tartarian 3 3 — 00 2 9 — 30 Do. dun. Southern .. 39 — 00 00-0 0 Do., black .. ..38-00 0 0-00 F Wheat, local milling 4 6 — 00 00 — 00 Wheat, Southern „ 6 6-00 0 0-0 0 y Do., fowl .. ..40-43 40-00 GARDEN AND ORCnARD PRODUCE. F Apples, ease, imported 0 0 — 80 Do., 1b, local .. .. 0 24—0 4 0 8-0 0 F Lemons, doz .. ..10-13 18-19 Oraives .. ..08 — 07 10 — 13 F Do east 6 0 — 70 Bananas, lb .. .. 0 1 - 0 2* 0 4-00 F Cocoanuts, each .. . ■ 0 2 — 0 j Do., sack .. .. 10 0 — 0 0 „ F Onions, cwt .. 14 0 — 0 0 00 — 00 Garlic .. ... .,04 — 00 00-00 Celery, bundle .. .. 0 3 — 00 PRESERVED AND DRIED FRUITS. ! Dried 'runes, lb .. 0 Cj— 0 7 0 8 — 0 10 Preserved Ginger ..07—00 shelled Nuts .. „ 09 —0 10 10 — 1 Barcelona do 0 0 — 00 Brazil do. .. _ 0 0 — 0 0 00 — 10 Peannts .. .. 0 3 — 0 24 0 0 — 0 u KAURI GUM AND FLAX. Supplies for sixteen days of January, 'J05 tons. £ s. d. £ s. d. Poor Ordinary, ton „ „ 0 0 0 —30 0 0 Kast Coast „ _ - 42 0 0 —is 0 0 Fair Ordinary .. ~ .. 31 0 0-32 0 0 Best Ordinary _ - w 33 0 0 — 84 0 0 Flax .. .. .. 15 0 0 —10 0 0 Tow ' _ .. .. 5 0 0-000 Fungus, lb 0 0 3J— 0 0 0 Cocoanut Fibre, cut, cwt.. .. 0 15 0 — 0 17 0 Beeswax, lb 010 — N.Z. FLAX ROPE. Prices subject to trade terms. 1 Ropo in all sizes, ton .. .. 36 0 0 —40 0 0 Tarred Yarn, do 30 0 0 —40 0 0 Wool Tailings, do 35 0 0 — US 0 0 COAL AND FIREWOOD. Coal. Newcastle, ship's side, cargo ton 110 0-000 ! Do., delivered « .. .. 1 15 0 — 0 0 0 Do., yard 1 12 0 - 0 0 0 Do., Bay of Islands, yard _ 170 — 110 (3 i Do., delivered .. .. - 1 10 0 — 0 0 0 Do., mine .. ., „ - 0 IS 0 — 0 0 0 Do., ship's side .. „ ..150 — 000 Waikato, mine .. .» ..OSO-000 Do., household .. _ - 0 12 0-000 Do., in Auckland.. .. _ O IS 0 — 1 '2 0 Kaiuo, loading ground, ton „ 0 12 0 • 0 0 0 Taupiri, mine, swam .. — 0 8 0 — 0 12 0 Do., yard, steam 0 17 0 — 0 0 0 Do., "household 14 0 — 160 Whangarei, mine .. ». 090-000 Do , vard, steam .. .. «- 0 17 0 — 0 0 Do., household 120 — 130 Firewood, uncut, wharf, cargo, ton . .. .. 070 — 070 Do., delivered 0 10 0 - 0 12 0 Do., cut .. ~ .. .. 0 13 0 — 0 15 0 MANURES. Bonedust, Svdnoy, ton.. .. 7 10 0 . S 0 0 Do., inferior' 6 10 0 - 7 0 0 . lionotlour .. S 0 0 — S 10 0 Do., Auckland S 0 0 — 0 0 0 Peruvian Guano 14 0 0—17 0 0 Coral Queen do 500 — 0 00 Long Island do., bags included 4 10 0 — 0 0 0 Superphosphate of Lime, 2ti to 28 per cent 000 — 6 10 0 Do., 30 to as per cent 3 0 0 — S 10 0 Ammonia Phosphate, Fison's 10 10 0 — 0 0 0 Special Potato Fertiliser „ 11 0 0 — 0 0 0 Superphosphate.. .. ,, 700-000 Freezing Company'sSupcrphosphate, 32 cent 8 0 0 — 0 0 0 Do., 25 per cent 000 — 000 Com Manure „ .. ... S 0 0 — 0 0 0 Root Manure S 10 0 — 0 0 0 Potato Manure- .. - .. S 10 — 000 Bone Manure 8 0 0 — 000 Grass Manure 7 10 0 — 0 0 o N.Z.F. Co.'s quotations are aubjoct to liberal discount. BUILDING MATERIALS. Boards and Scantling, 100ft .. 0 13 0 — 0 0 0 Do., best dressed 0 14 0 — 0 15 0 Do., second 0 7 0 — 0 10 o Rustic weatherboards .. .. 0 10 0 — 0 14 0 Mills, cargo, best, .. .. 0110 — 0 10 0 Flitches - 0 11 C — 0 0 o Balk .. .. ~ -. 060 — 080 Bricks, Whau 110 0-2 0 (i Do., town yards, 1000 .. .. 1 15 0 — 2 0 0 Do., delivered 200 — 260 Lime bushel 010 — 010 Drain IMpos, 6in bores, 1000 .. 15 0 0 — 0 0 0 Do.,4in 6 10 0 - 0 0 0 Do., 3in .. .. „ . 4 10 0 — 0 0 0 Do., 24n _500 — 0 O Do., 2111 .. .. • .. - 2 10 0 — 0 0 0 English Slates, 1000 .. _ 10 10 — 0 0 0 Socket Glazed Pipes, foot; 24 inches .. .. _ 060-000 21 inches .. „ .. — 000 IS inches „ ... ... — 000 15 inches „ _ ». 0 1 11 — 0 0 0 12 inches . .. ..0 1 1J— 0 0 0 9 inches „ „ ,. 0 0 10 — 0 0 0 6 inches „ „ 004 J— 000 4 inches _ .. _ 0 0 3J— 0 0 0 3 inches 0 0 8-000

BBD!i " BUTCHERS' MEAT. Per pound. Roasting Beef, lb „ _ 02 — 04 Boiling do «. 0 1J— 0 3 Mutton, hindquartor „ 0 2* — 0 0 i Do., foroquartor .. .. 0 1J— 2 I Pork .. .. „ » 04 — 05 Veal .. .. „ .. oh — 04 Steaks „ 0 3 — 00 Mutton Chops.. _ „ 0 3 — 04 Sausages .. .. .. 0 0 — 03 Mutton Tallow, cwt... 20 0—24 0 — Beef and Mixed do. 18 0 —'21 0 MISCELLANEOUS. Kerosene, 130- test, duty paid 0 18-000 iX>., 160- tost 0 0 — 000 Fencing wire, No. 6, ton .. "\ No. 7 .. .. HI 10 0—12 0 0 " ' No. 8 .. ..J Barb Fencing Wire .. .. 24 0 0—25 0 0 Lime, slacked, bushel .. .. 0 10 — 000 Quick lime, in stone .. .. 016-000 New Zealand Failings, 9ft .. 0 7 6 — 0 10 0 ])()., eft 0 14 0 — 000 Teatreo Rails, 100 „ .. 2 10 0 — 310 0 Puriri Posts 6 0 0 — 700 Shinglos, 1000 .. „ .. 0 12 0 — 0 13 0 Hobart Failings, oft „ .. 0 17 0 — 100 Do., Oft .. .. _ -. 0 18 0 — 1 1 (1 Hobart Rails 4 0 0 — 4 10 0 MESSRS. VICKEBS AND HULL S WEEKLY STOCK AND SHAKE LIST AND INVESTOR'S GUIDE.

_ n -i , Reserve Amount Amount j Cunent Last It'trn , Company. Capital. . Fuml of sllare . paiti up .| Div. iuv'st • £ £ £ s. (1. £ s. d. i £ s. d. % % Bank of New Zealand 2,000,000 33,9<3S 700 700 8 10 0 7 5| National Bank of New Zealand .. 1,000,000 4.2S7 9 0 0 2 10 0 1 Hi 0 5 i Colonial Bank of New Zealand .. 2,000,000 51,d62 500 2 0 0i 2 4 0 7 0J N.Z. Loan and Mercantile Agency .. 4,S00,tXW 273,025 -25 0 0 2 10 0 j 3 13 6 15 10 New Zealand Insurance 1,000,000 266,110 10 0 0 2 0 0 j 3 15 0 15 7fc South British Insurance .. .. 1,000,000 85,673 20 00 200:210 S 8 National Insurance „ „ .. 1,000 000 1S9.C9S 10 0 0 0 10 0 j 1 0 3 10 5 Standard Insurance «. » .. 1,000,000 2O.S55 10 0 0 0 15 0 ] 0 U 0 7 .J Colonial Insurance - .. .. 1,000,000 — 10 00 0 10 O ; 0 U — — Union Insurance .. „ ... .. 2,000,000 56,695 2000 100,15 0* 10 8 N.Z. Accident Insurance .. .. 100,000 10,8:10 100 0 2 007C 25 7 Auckland Gas .. „ .. .. 250,000 15,000 2 10 0 100/ & 50/ 215/112/ 17 ij Thames Gas .. ~ .. .. 25,000 1,514 500 118 0 ■ 1 15 0 8 9 Taupiri Coal .. „ a .. 120,000 14,000 10 0 0 13 0 ; 1 19 0 So 11 New Zealand Shipping „ ., .. 1,000,000 — 10 00 SOOillOO - — Northern S.S .. .. 100,000 — 100 0 12 6] — — — New Zealand I-and Mortpago .. .. 200,000 15,874 10 0 0 1 0 0 i 0 18 0 8 SJ New Zealand Drug .". . .. 200,000 10,079 2 0 0 40/& 20/ 1 0 C 7 i

Company. Business. Closing Prices. " ' ' "~~~~ Buyers. , Sellers. Banks- & « d £ s d. New Zealand '— — 8 5 0 — Insurance : New Zealand „ 3/17/0 — — South British .. - 200220 Colonial " .. .. — —04.3 Accident Insurance 8/ — — Miscellaneous: N.Z.L.& Mercantile 3/14/0 — F — National Mortgage — 0 11 3 — Auckland Gas (new) — — 5 12 6 N.Z. hand Mortgage — — 0 IS 0 Mining : Cambria „ „ 2'1, 1/11 0 10 0 2 0 Saxon .. .- V/9, 8/ . - 0 8 0 Trenton .. - 3/1, 3/3 .0 210 0 8 0 Union, Waihi „ — — 0 0 0 Alburnia .. .. — „ - . ° 2 0 Woodstock.! .. - ° 2 Q 0 2 C Kenihvorth - — 02 0] 030