COMMERCIAL.

New Zealand Herald, Volume XL, Issue 12211, 5 March 1903, Page 4

COMMERCIAL.

KAURI GUM MARKET.

The following are our quotations of kauri gum for the week ending March 2, 1903: —White gum: Poor ordinary, £42 and upwards fair ordinary, £62 and upwards; bold, three-quarter scraped (free from nuts), £85 • , and : upwards; East Coast (wood quality), £90 and upwards; rescraped. £130 and upwards. Black gum. Nuts, c ; £20 and upwards; medium (free from sugar), £26 and upwards; good, £60 and upwards. Remarks on market: Arrivals for the month of February, 855 tons. Much of the gum now arriving is of very poor quality, and does not yield satisfactory results, either to buyer or seller,'but good lots sell .well.

AUSTRALIAN MARKETS. By Telegraph.-JTess Association.—Copyright.; • ':''"- ■'& ::.'.; Stdnet, March 4:--. u Wheat, chick, prime, 10£ d; milling, nominally, 6s Id; ; Oalifornian, 5s 7d. Flour, , £12 10s; Manitoban, £13 10s.;" Oats, New Zealand and Tasmanian, milling, 3d to 3s s*d i feeding, prime, 3s to 3s 2d; Tartarian seeding, 3s 6d to 3s Bd. Barley, New Zealand, prime feeding,-'4s 6d; malting, 4s. 9d to ss. , Maize, 5s to 6d; Argentine, lid. Peas, blue, 6s 3d to 6s 6d. Bran, Is 3d. Pollard, Is 6d to Is 7d. v Potatoes, £310s to £4- 15s. Onions, £4 to £4- 55.: Butter, best, Is Id to Is ; lid. Bacon, 9Ad to Is Id. . [The above quotations are those, ruling be.tween : S merchant ,;■' and retailer, ; and ;r do : not represent; slightly lower values; obtained by recognised broker.] ,--, ",■-,■■ ?•>■;" . - '■■**" • ■ Melbourne, March A. "Wheat, 5s lid to 6s Id; Californian isi offering iat: 5s lid. 'Flour, £12 : 10s. Oats, Algerian feeding, 2s 9d to 3s. Barley, Cape, 3s 9d »to,4s 2d,, Bran, Is 4£d. Pollard, Is Bd. Potatoes, £2 10s. Onions, to £3. " Adelaide, March 4. -< Wheat* dull, ;5s 9d to 5s lOd. Flour, £11 17s 6d. Bran, Is sd. Pollard, Is 9d,

LONDON. By Telegraph.—Press Association.— - - -.:'-> . / . . ; London, March 3. '■ To date, 278,466 bales wool have arrived for the next series of London, and colonial wool sales, whereof 126,500 bales' have -been forwarded ; direct. -.'. to ■ manufacturers, leaving 166,000 aviilabl© for the sales. - ■•- - Copper: Spot, 592; '■' three months, 60^; ] supplies, 20,672 tons; deliveries, 22,331 tons; stocks, 13,472 tons; advised from Australia, 2425 tons. -'" " ' . { Tin: Spot, 136J:, three months, 137^. Tallow: Stock, 15,309 casks'; imports, 3256 casks; deliveries, 3889, casks. The total /wheat and .flour afloat for the United Kingdom is 2,700,000 quarters, ah'd for the Continent 950,000. : ; :t - Shares: Australian and New Zealand Mortgage, 87£; others unchanged. Silver, Is 10$., .'.,.;. y : ;• ■ _.-, ■ .'. '- ; ; THE LONDON MONEY MARKET. ■ , V ■ By Press A?Sociation.-4;cpj-right.' (Received March 4, 11.10 p.m.) BRISBANE/ March 4. The Premier to-day received London cable advices that Australian three per cents, were 90. This is probably the .lowest figure that. will be reached. It is further intimated that rumours concerning the depressed State of the London market are caused ,by the failure of the New Zealand notation. .The cable con-1 eludes:—"Resources engaged in other direc- ! tions." This is taken to mean that humer- ; ous loans are projected from other countries i on the London market, and will absorb all present resources available fbi money. The words " crusade ended" < are taken to iirdi- ■ cate that the attack : against colonial secu-' rities has, ceased. . These advices will pro-, bably induce the Queensland Government to withhold its loan, for the present. ADDINGTON STOCK SALE. , . CffiaisTCHUBCH, Wednesday. There was a smaller yarding 'than, Usual at Addington yesterday, but an average attendance of buyers. ; ...:.,■.; .' Fat Cattle: 122 head yarded, but prime quality was (scarce. Prices were firm, -showing a slight advance on last week's quotations Steers brought from £6 i2s 6dto £10; heifers, £5 15s; two extra quality, £10 ,10s and £10 12s 6d; cows, £5 10s to £8; beef, 27s to 30s per 1001b. • ' • Calves: The 25 calves yarded brought 16s to £3 2s, according to size and quality. . Store Cattle: only.-a few odd lots were offered, and the demand was poor. Yearlings made 355; 15. to 18 months steers, £3 ss; 15 to 18 months heifers, £4 10s.'. .'.-;': «.-" . Dairy Cattle: Very limited supply. Pr>..-es ranged from £4 10s to £9 ss. Fat Sheep: The yarding of very fat sh°ep was smaller than usual, consisting mainly of ewes of fair quality. Freezing wethers and ewes were not plentiful, and there was not the usual quanity of poOr-conclitioned ewes. Though freezing buyers did hot. operate to any large extent, the bidding was fairly brisk. All classes of wethers sold at last week's rates, best ewes being a trifle firmer. . The range of prices was: Wethers, 15s 3d to IBS 6d; freezing ewes, lis t6d ..to ; 14s 6d; best butchers' ewes, 13s to 16s 7d; others, 9s to 12s 6d; merino wethers, 103 6d. ...... ~_. „ Fat Lambs: The yarding: comprised 1656, the quality being good. Butchers competed keenly for all but the heaviest sorts. Prices were firm at last week's , rates. Freezers realised 13s to 15s; special lots. 15s 8d lO 16s 3d; butchers' sorts, 10s 9dto 15s. . ,; ■ Store Sheep: 6880 yarded. They met rather a better demand than the previous week, all sorts selling well. The range of prices was: Wethers, 12s 5d to 14s; ewes. 10s 6d to 13s 2d: inferior sorts, 4s 9d to 7s Id: . lambs, 83 lOd to lis 8d: wethers and ewes, 13s 9d. . - Pigs: There was again only a small adding, and the consequent keen competition for fat stock resulted in an advance even on the high prices previously .ruling. The demand for stores was much less animated, prices being a trifle easier. Baconers brought 45s to 65s (equal to from 5d . to' s*d net lb ; porkers. 32s to 44s (equal to s&d to 6d per lb); stores, 22s to 50s; weaners. 8s to 15s. GRAIN MARKET. „ DtTNEDIN, Wednesday. _ Wheat: There is good inquiry, for fowl wheat, but nothing doing as. regards prime milling velvet, which is nominally 4s 9d to 5s 3d; medium and other sorts 4ai3 to 4s 9d: host whole fowl wheat; „ to. to 4s 3 d : inferior to 3s 9d (sacks extra), with very little doinar here, as shippers are still operatiMo^"MSWJßSfa** for long oats foV 9 filing? but thf market for the new p crop cannot be said to have opened yet ™| Sd U « I^o^ : a/d n °4ed]uht, Sfc J eP 7 d d fi "fife? any offering. Quotations nominal. - . - .

AUCKLAND EXCHANGE. BUSINESS DONB.-Tauniri Coalmines, il ; Northern Steamship, paid Jfto^JfL" %££. port Steam Ferry, 388 3d; D.S.C., lis m. Hau raki Freehold, 10id. bitters —Batik of New South Wales, £39 10s; Insurance.. 80s: National Insurance, 21s 6d; South British Insurance, £5 78, New' Zealand Accident Insurance, 37s , New Zealand and. River Kate, old, a* yi , New Zealand and River Plate, new, 26s 6d; ffikuraiv-i Coal, lis: Northern Steamship, confributfng, 9d; Kauri Timber, contributing, Sgd; Levland-O'Brien Timber Co . Limited, 40s- Avondale Brick and .Pottery, 193, New Zealand Drug (£2). ,49s 6d; Eiverhea 1 Paner Mills. 29s ;■ J. D. Roberts and Co., Limited 2357 Union Oil, 2ls; Wiseman and Sons, limited preferential. 21s; Kurauw, M; Chelmsford, lid; Maratoto, 6d: . Waihi Extendi*] la 2d- Waihi Grand Junction, flat Waihi 'South? 6*d; Bunker's Hill. 4s 6d; Hanraki Freehold,' lOd. ... , , ■ SEWiEES.— Zealand Insurance, B.s, South British Insurance, £5 10s ; Standard insurance, 20s 6d: New Zealand Accident Insurance, 40s; New Zealand and Elver Plate, 01d,'275; New Zealand and Eiver 'Plate, new, 27s 9dj TaUpiri Coal Mires, Limited, 20s Gd ; Auckland Gas, £14 12s 6d;\ Thames Gas, 34s ; Gisborne Gas, 37s 6d; Northern Steamship, paid up, 16s; Northern. Steamship, contributing 7s: Devonport Steam Ferry, 38s 6d; Kauri timber, paid up,. lis; Kauri Timber, contributing, 281 Leylahd-O'Brien- Timber Co., 41s • Mitchelsoh Timber Co., 17a 9d ; Milne and Choyce, Limited, pre* fereistial, 218 6d;' M ! lne and, Ohoyce. Limited, ordinary, 20s 6dj Riverhead Pa-per Mills, 30s 6d; Wiseman alia Sous, Limited, preferential. 21s 9<l; Kuranui. 4d ; Knranni-Caledo-nian. Is 4d; May Queen Extended, 4d; Monowai. Is Id; Victoria. sd: Welcome .Taok, contributing. 3d : Big Beetle,. contributing, 4M; Crown, 12s; Komata Reefs, Is; Maratoto, Bds Tairua Broken Hills. 7s lOd i. Talisman Consolidated. 15s; Waihi, £5 l0s; Waihi Consolidated, 8d; Waihi Extended, Is 4d; Waihi Grand Junction. 22s 3d: Waihi South, Brt : Wftitekauri, aft; Bunker's Hill. 4s " 7d; New Four-in-Hand, 4d; Hauraki Freehold, Is; Chelmsford, 3d. G. A. BUTTTjB. Chairman. . W. H. O. .TormstON, Secretary • 3.15 p.m., March 4, 1903. CALL AND DIVIDEND LIST. Calls made: £ s. d. Date. Taniwha, Feb. 16. ..,..' ... 0 0 1 Mar. 4 Golden Bell, Feb. 8 ... ... 0 0 1 Mar. 9 Maratoto, Feb. 23 .:. ... 00 1 Mar. 9 Kapowai, Feb. 17 ... ... 00 1 Mar. 11 Dividends: -.. - ' ' Standard Fire and Marine ... — Now. New Zealand and River . Plate ... ... - ... ' 3ip.c. Now. Mount Lyell Mining and .... Railway Co. ... .... ... .0 1 0 April 1