COMMERCIAL.

New Zealand Herald, Volume XXXIV, Issue 10417, 15 April 1897, Page 4

COMMERCIAL.

New Zealand Herald Office, Wednesday evening. These ii do distinguishing feature in trade since our last report, except extreme scarcity of potatoes. It is » short week, acid commercial uewi does not crow like April mushrooms. We therefore comment only on points that itand out prominently, viz., stronger interest shown in the produce market under South Island advices, and to the present position of the mining industry in its effect upon commercial business. The serious nature of the call list is selfevident. No one conversant with the financial strength of scrip holder* M a body can conceive the possibility of any even general response to the calls, and the result can only be waited for with some apprehension of the trade consequences that must follow a large stoppage of mining work almost immediately. The greatest care and discrimination is called for in giving credit; in fact, the financial position is being more regarded than the placement of goods, and trade U governed more largely by risk calculations. The effect of a dry season in Australia is beginning to 'affect New Zealand prices of forage, particularly oats. South Island farmers are slow sellers, and the local market has rapidly advanced to 2s 4d and 2« sd, quotations being nominal, as many Southern holders will not give a quotation in the uncertainty of getting farmers to Bell. Oatmeal was advanced £1 per ton after our last report went to press. The inquiry from Sydney for maize ii also strong. For this cereal we quote, 2s 8d to 2s BJd off wharf, small stocks. Wellington is buying at these figures. Potatoes: In consequence of a large quantity being shut out of the Manapouri, importers could deliver only half their sales, and at the moment there are none In first hands, nor auy expeoted until Monday in the Anglian. These in the existing scarcity will probably be all sold before arrival, as last week's deliveries to north and the goldtield buyers were only enough to tide demand over for a few days. We quote, nominally £5 per ton. Butter: Australia is operating in the local market for this produce. 200 kegs were sold to Sydney, and shipped for Manapouri, Flour: Good nates and deliveries at today's price. _ Bran and sharps; The market is very firm. Wheat: Owing to the downward tendenoy of the English market, the farmers are rushing their wheat into the local mills. Unfortunately, the yield is not up to expectations, owing to the dry season. Fowl wheat is in good demand. In the local produce market the prices are: Best dairy fresh butter sd, second quality 4d, and third quality 3d per pound wholesale. Eggs are Is 3d per dozen wholesale, and Is 6d per dozen retail. KAURI GUM MARKET. The following are the quotations for the kauri ?um market for the week ending April 13, 1897 .— Poor ordinary, which comprises weak and rough-coated pieces, pickings, and washed nuts, £25 to £27. Ordinary, meaning hard, rough-scraped gum, varying in price according to the quantity of washed nuts, £35 to £37. Good ordinary, meaning hard, unpicked range gum, price varying according to size, scraping, and freedom from weak pieces, from £40 and upwards. Bast Coast, £65 to £67. Re-scraped, £88 and upwards. Arrivals for thirteen days in April, 205 tons. lii spite of the small quantity arriving, the market at present remains without iinprovemeut. Orders are on a very small scale, probably being restricted owing to the uncertainty in European affairs. But in spite of all this there is a more hopeful tone among merchants. The production now is less than for many years. The stock in London is gradually lessening, and merchants anticipate that, if peace is maintained, a few months will see an improvement in the gum market, DUNEDIN OATS. Dunkdin, April 14.—The oats market is excited uud since last week has advanced Id per bushel. Quantities could he placed at following quotations:—goo* to pirme feed, 2s to 2s Id; fuir to medium, Is lid to Is ll.Jd; best milling, 2s Id to 2s 3d; seed, long tartariau and duns, Us 2d to 2s 4d (sacks extra net). AUSTRALIAN MARKETS. Sydney, April 14. Wheat; Prime chiok, 3s to 3s 3d; milling, 49 4d to 4s sd. Flour : California!*, £10 15s to £11 • Manitoba, £12 10a to £12 15s; local, £1210s. Oats: Prime New Zealand feeding, 2s 4id to 2s 5d ; medium, 2s 3d to 2i 4>l; seeding, 2s 3d to 2s fid; maize, 2j 5d to 2s 6(1; barley, Cape, 3s; peas, Prussian blue, 4s (id i bran, 9il; pollard, lid; potatoes, local, £2 10s; Circular Heads, £215 ato £217s Od ; onions. Victorian, £4 to £4 5s ; New Zealand, £5. Butter, scarce, brisk demand: market unsettled; factory, BJd tn 94<1; creamery, 9rl to 10d; cheese, prime, .IJd to 4d; bacon, 3Jd to 6d; hams, New Zealand, 9d.

Melbourne, April 13, Wheat, 111 7(1 to S3 9il; oats, Algerian feeding, Is lid to 2s Id; milling, 2a lid to 2a 3Jd: stout white, 2s to 2s 3d; barley, Cape, 2s 10:1 to 2s IO.Jd : milling, 3a 9d to 4s 6(1 ; maize, 4s 5d to 4s 6d; bran, IOJd to lid; pollard, Is; onions, £4; potatoes, £1 129 6d to £1 6d. Adelaide, April 13. Wheat Yery dull, nominally quoted at 5s Id to 5s sd; flour, £13 10a; oats, dun 2s 9d, stout white and Algerian 3s fid; barley, Cape, 33 9d to it 3d; bran, Iβ 3d; pollard, la sd, LONDON. Press Association.—Electric Telegraph.—Copyright London, April 13. Wheat has declined Is during the week. The Bradford wool market is brisker, owing to American enquiry. THE AUCKLAND STOCK AND SHAREBROKERS' ASSOCIATION. Business DONE.-Victoria, 2s Od; Hit-or-Miss, Is 4d, U 5(1; Wathi Extended, (Ijil ; Pro|jreßi-Ca,tle Hock, 7}tl ; Sceptre, |>ilid up, 9il, Buyers. - New Zealand Insurance, 69s 0(1; National lumrance, IS1 ; Auckland Gas, new, £$ Is ; Taupirl Coal, 25s (Id; Union Oil, los Oil; Adelaide, ill; -ilbuniia Kaai, 7tl; May Queen Extended, edj Mclsaacs, 3d ; Moanataiari, Os Oil; New Alburnla, 3- Od; Nonpareil, 8d; Scandinavian, 6Jd: Victoria, 2d 4(11 Kimotiinu, eld | Maoriland, fid ; Crown, 2tis; Hit-or-Miss, U 6d; Imperial, M; Mlsinan Kxtended, 8d; Waihi Intended, M; Waitekauri, 70» ; Hunker's Hill, 2s 8d; Conquering Hero, 8d; Ooromanilel Freehold Proprietary, 4rl ; Four-ln-Hand, Is 3d; Hauraki North, paid up, 3i M ; Hnuraki North, contributing Is8d; PtoirrossCastle Rock, 7,1; Wyiiyardton. M. S|!(,i.Bn.s.-National Bank, 8K {d; National Insurance, 18s 6(1; South British, 51s tkt ; New Zealand Acci'loul, 188 ; Auckland Oat, new £8 10s ; Nnrtlmin Steamship, &« Oil; Nguugum Coat, 22s (id; Hikurangi Coal, 9.i Od;lUiiion Oil, lC.i 3d; Adelaide, 8(1; Alburnla East, iod ; Argosy, 8d ; Bell Ruck, 4d ; Beudigo, «d! Bin Reef, 8d; Broken Hill, Oil; Cardigan, Is; Club, 4.1; City of Auckland, la; Chine*, Oil; Comet, 8d; Conservative, 4d : City of London, (Id; Golden Horn, Od ; Golden Opportunity, Sd; Golden Point, 6d; Kaiser, contributing, (id ; Karaku Queen, 6d ; Kuranui, Is Gil ; KuraniilCaleilmilan, Si; Lone Hand, la; Ma; queen, 89 id ; May Queen Extended, 9d; Mctsaara, fill; Moanai.»liirl lla; Moinatalari Extended, Oil; Moanatairi North, «d; Mnnowai, 31 lOil; Nerr AllraniU, 4s til; New Whau, «d; Nonpareil, 10d • Occidental, 6d; Orlnmlo, 3d ; Purln, 4d; Puru Consolidated, Sa ed ; Boyal, la Od ; Scandinavian, Od ; Sheridan, e> ; Tapu Fluke, Is 3d ; Tararu Creek, 4a ; Temple Bar, 3d; Olyise-, <d; Victoria, 2s 0d; Walpuru, 4d; Dover Castle, sd: Ajax, 4d; Alpine Fluke, 4d; Aorere, Is; Ballour, 4d ; Golden Anchor, 6d ; Golden Link, 4d ; Juno, ; Jupiter, 2s 6d| Kapai-Vermont, da Od ; Kuaotunu, la; Maori Dream, li 2d; Maoriland, 7d; Phoenix, 3d; Premier, Sd; Prospect, 6d; Wai. taia, -la M ; Wheal Baswtt, 4d ; Alpha, 4i 6d ; Byron Biy, 0d; Central, Is ; Grown, 88*; Germanic, Sd; draw Darling, 2s Id ; Hercules, 3d; Hit-or-Mlss, Is 7d; Huanul, Is: Imperial, 9d ; Iv\nhoe, Hi ; Karangahake, 3d; Koraata Triumph, 6d; Mangnksra United, M; Mount Waihi, 3d; New Zealander, 3d ; New Zealand Talisman, 17i; Oceania, 7d; Ohinemuri Syndicate, 8s; PorUea, 9d; Queen of Waihi, 3d; Rainbow, 2a M: Blsicg Sun, 6Jdj Huisell. Oil; Southern Cross, 9d; Sovereign, ed; St. Patrick, In; Stanley, la Id; Sterling, 7d ; Talisman Extended, In ; Teutonic, 6(1; Union Jack, id; .Victor-Wtiliou, Is Id; Waihi Consols, Sd; Walhl Drediting,|<d ; Waihi Eldoiado, 7d; Waihi Intended, Old; Waihi-Silverton, 21s; Waihi South, 9(1: Wnilii Welcome, 3d ; Waitekauri, 82s; Waitekftiui King, 4d; Waitekauri No. 2, 3d; Waitekaiiri United, Bs; Waitekauri Prince, Sd; Waverley, la: Woodstock, 44sJ Young New Zealand, Is Id; Zion, 4d; Bay View, la; Britannia, li 6d; Buffalo, «d; Biinfc-r's Hill 3s; City of Olsborne, is; Conquering Hero, 4jd; Coromandel Freehold Proprietary, 9d; Cuirassier, 0d; Four-In-Hand, la ad ; Golden Lead, 4d ; Great Kapanga, 8d; Haunkl No. 2, la ed ; llaurakl North, paid up, 4s; Hauraki North, contributing, 2a; Hauraki South. ss(ld; Uiwakl Auoclatedßeefs, IOd ; Harbour View, lid; New Goicoud.i, till; Pride of Haunkl, ed; Proifresa-Castle Hock, td; Tandem, sd; -; •lcorae Find, 2s Id; Zealandl*. li; Albert, I■4d ; Boat Harbonr, 8d; Par Dawn, Id; Ooldm Planet, 4d; Harp of Tan, 4d; Atlas, Is; Fi.rj Crots, 6d; Prince of Wales, Cd; Royal Shield, 7ii; York, 3d i Zone, 3d; Sceptre, paid up, 10d. J. M. Lennox, Ohairman. I p.m., Wednesday, April 14, 1897.

CAM. AND l>IVll)KNI> 1,11(1'. CALLS: Mails. £ a. A. Dae. Broken Hill „ April ., 0 0 01,, April 2* Buuker'a Hill ,. Mm. 30 .. 0 0 3.. April 22 Grace Darling .. April 7 ,. 0 0 8.. April 24 Waihi South .. April 11 .. 0 0 1,. April 20 Mount Lytll ,, Mar. .32 .. 0 0 01., May 12 MaidofKrin .. April 7 p., 0 0 of.. Hay 1] Gem of Hauraki .. April if .. 9 0 0j.. May l] Lincoln ' .. .. April 11 ..001 .. May 1] Waihi Pinnacles... April? .. 0 0 1.. M*» lj TapuFlojn ., April 7 „ 0 ,0 1 „ May 11 Puriri .. . .. Aprils ..0 0 01.. May It Conservative '.. April 6 ... 0 0 01.. May 11 Club.. .. <''.r April 8 ' .. 0 0 0}.. May 11 British Empire .'..'April8 0 0 1 ,■< May II New Whiu April It.. 0 0 1.. May 1! queen of Pun n ., April 13 ., 0 ; 0 0)., May II ?mvidexn: . # . . •*,. V f Nniui(um Coal Co, i) ,{< ., ' 8 X ..Now ; •' Union Oil, Soap* Candle Co.. .0 0,1 _ Now f I South British faunae* Co. „ 0 1 I.. Sow ■ liV:—'.'" v -I • . '■ • ■WtfhStA :kv' £ ■ JI i" | •■'J V Si