COMMERCIAL.

New Zealand Herald, Volume XL, Issue 12241, 9 April 1903, Page 3

COMMERCIAL.

New Zealand Herald Office. Wednesday evening. DUBIXG the past week business on the Stock Exchange has not exhibited anything out of the ordinary. The usual amount of business in investment stock has been passing, but the mining market still continues very dull. In spite of good returns from some of the mines business in the shares of those companies has bean very limited. In banks New Zealands have been quiet, with sellers at £3 17 6d. Nationals are offered at £4 10s, buyers offering £3 18s. All insurance stock have been in good demand. New Zealands sold at £+ 10s, and there are still sellers at that price, with buyers at £4- 8s 6d. For South British there are buyers at £5 8s 6d, ex div., no sellers quoted. Nationals sold at £1 2s 6d, cum. div., and sellers ask £1 2s 9d, with buyers at £1 2s Id. There are sellers of Standards at 19s 6d. New Zealand Accidents have buyers at £2, and sellers at £2 3s. New Zealand and River Plate Land Mortgage, old issue, are offered at £1 7s, and new issue at £1 7s 6d. Buyers of the latter . offer £1 6s. In coals Westports sold from I£6 2s to £6 6s. Hikurangis are in demand at lis fxl, sellers asking 12s. Taupiri Mines sola at £1, and there are buyers at ISs 6d, and sellers at £1. Auckland Gas sold at £14 10s, and there are buyers at £14 B=. Thames Gas are offered at .til lis, and ttisborne Gas at £1 17s. In shipping there are buyers of Union Steam at £12 Bs, and of New Zealand Shipping at £6 17s 6d, no sellers offering. Northern Steam, paid up, are offered at 15s Sd, with buyers at 15s. Contributing sold freely at 7s, and there are still buyers at that price, with sellers at 7s 3d. In timber Kauri Company, paid up, are wanted at 10s, sellers asking lis. Contributing sold at 2s, and there are buyers at Is lid and sellers at 2s. Leyland-O'Brisu are asked for at £2. Mitchelsons find buyers at 16s 9d, sellers asking 17s 3d. Mountain Rimu sold at £1 Is. Avondale Brick and Pottery are offered at £1 0s 6d, with buyers at ISs. D.S.C. have buyers at lis Bd, and sellers at 12s, cum. div. Milno and Choree, preference and ordinary, are offered at." £1 Is 6:1 and £1 0s 6d respectively. In mining May Queen Extended sold at 3J,d; Crowns at lis; Marototos, from Bid to 9£ti; Waihi Extended, from Is to Is 4d ; Waihi Grand Junction, at£l 4s; Bunker's Hill, from 3s lOd to 4s 2d; Ilauraki Freeholds, at lid and lOAd; White Star, at 3£d; Waihi South, at 62-d.-AUCKLAND STOCK EXCHANGE. Tile following are Wednesday's closing prices, the business done being as follows- — Now Zealand Insurance, £4 Ss 6:1; Waihi Extended, Is 3d, Is 4d; Bunker's Hill, 4s 2d, 4s 3d. „. „-, Sellers. Buyers. PANICS— £ s a £ s d iNow Zealand 3 16 0 — National ... _ 4 8 0 IN Sul! A NC3New Zealand 4 10 0 4 8 6 National 12 9 12 3 .South British, ex div. ... — 5 8 6 .Standard 0 19 3 — FINANCIAL— New Zealand, and Biver Plate, old 17 0 _ New Zealand and River Plate, new 17 6 16 0 COALilikurangi 0 12 0 0 11 6 Taupiri Mines, Ltd. ... 1 0 0 0 19 6 GAS— Auckland ... ■ — 14 8 0 Thames 1 11 0 — liisborne 1 17 o --• SHIPPING— Union Steamship — 12 8 0 New Zealand — 7 0 0 Northern, paid up ... 015 9 015 0 Northern, contributing 0 7 3 0 7 0 riMßElt— Kauri, paid up 0 11 0 0 10 0 Kauri, contributing ... 0 22 0 1 11 Leyland-O'Bricn 2 16 2 0 6 Mitchalson 0 17 3 0 16 9 ; ;r.LA.NBOUS— Avondale Brick and Pottery 10 6 0 19 0 Milne and Choyce, Ltd., pref 116 — Milno and Choyce, Ltd., ovd 10 6 — Northern Boot — 0 6 0 Biverhead Paper Mills 19 — MINING— Kuranu.i 0 0 5 0 0 3£ Kuranui-Calcdonian ... 0 1 1 — May Queen Extended ... 0 0 4 0 0 3 Monowai Oil — Victoria 0 0 5 — Crown 0 11 9 — Komata Eeefs 0 10 0 0 9 Maratoto 0 0 9 0 0 7 Tairua Broken Hills ... 0 7 0 0 6 6 Talisman Consolidated... 0 14 6 0 13 6 "Waihi 5 8 0 — Waihi Beach United ... 0 0 3 • — ■ Waihi Consolidated ... 0 0 8 0 0 6?. Waihi Extended 0 16 0 14" Waihi Grand Junction... — 14 0 Waitekauri 0 2 6 — Waihui 0 0 9.'. 0 0 71 Bunker's Kill 0 4 4 04 3 New Pour-in-lland ... 0 0 3 — Ilauraki Freehold ... 0 0 11 0 0 91 White Star 0 0 6 0 0 3 G. A. BUTTLF,. Chairman. W. 11. O. JOHNSTON, Secretary. 3.15 p.m., April 8, 1903. CALL AND. DIVIDEND LIST. Calls made: £ s. d. Date. Waihui G.M. Co., March 24 0 0 1 April 8 Kuranui. March 30 0 0 1 April 28 Waihi Beach, April 2 ... 0 0 1 May 13 Dividends: South British Insurance, ... 0 2 6 Now. Direct Supply Co., bonus of 5 per cent, on shareholders' payments, and 10 p.c. April 9 Leyland-O'Bricn Timber Co. 10 p.c. April 13 LIVE STOCK AND PRODUCE. NEW' ZKAJjANU LOAN AND MERCANTILE AGENCY COMPANY (LIMITED). Horses: On Friday at the Durham Yards horses were brought forward in very large numbers, draughts being' especially well represented. Bid fling was brisk throughout, and nearly everything was sold under the hammer. Draught horses sold from £28 to £40; medium do.. £20 10s to £51 10s; light harness do., £8 15s to £20 10s; hacks, £5 10s to £18. A buggy realised £12; spring cart, £10 10s. Cattle: At the Newmarket Yards on Tuesday dairy and store cattle were penned in larger numbers than for, many months, and met a ready sale. There was an average yarding of fat cattlo. Ox beef made from 22s to 265; and cow 20s to' 24s per 1001b. Fat steers realised from £6 17s 6d to £11 10s; i'a.t cows. £4 10s to £7 15s; dairy cows, £4 10s to' £8 ss: empty do., £2 10g to £4 2s; heifers, £2 5s to £3;' calves, £1 Is to £2 ss. Sheep: Wore penned in average numbers at the Newmarket Yards on Tuesday: Fat wethers sold from 8s 6d to 15s; fat ewes. 7s Cd to 13s 9d. The 400 advertised • ewes sold from 9s 3d to 9s 9d; lambs, well fattened, 8s 6d to 14s; other sorts, 4s to 7s 6d. Pigs: Were yarded in. average numbers, and sold at extreme prices, porkers bringing £1 17s to £3 2s; vreansrs. 12s 6d to 31s. At Pukekohe on Wednesday the yards were well filled. Dairy cows sold from £4 15s to £8; heifers. £4 to £6 its 6d; calves, £1 93 to £2 8s: empty cows. £2 9s to £4; grown steers,' £5 15s to £6 18s; fat cattle at Newmarket rates. On Saturday we held a clearing sale of live and dead Steele on Mr. Thos. Wordon's property at Eamarama. The attendance was socd, and satisfactory prices were realised. Farm horses sold from £24 to £31 10a; cows, £6 10s to £10. Hides: The market is vcrv, strong, and we have to report a further advance. We have sold a full supply at the following prices, viz. : — Prime ox. 7M to 83d: stout do., 6|d to 7Jd; medium do., 53d to 6hl; -lisrht do., 5d to 5-d; stags', to 3?d: cow. best lines, 4id to sd; kin. to ajd: calf, to 4>,d. Sheepskins: Sold at late rates. Large salted. Is lOd to 2" 4d: full-wool led. to ,6d; lambs', salted, Is 3d to Is lCd. Dry, unless well saved, are neglected. Tallow: Best. 24s 9d to 25s 9d; mutton, to 27s 9d. ■ ,„ Wool: Selling freelv at lite rates. Halfbred, to 6d: fine crossbred. 43d to sd; coarse d".. 4d t.o 4Jtl: nieces, etc.. 2d to 3£d. Hair, Horns, Bones, etc.-. No change to report. Tails. Is 6d to Is 9d per dozen. ''In : e: None in the market at present. Hats: Are easier. "B" grade being worth 2s 2d r i.f. Chuff: Steady at 72s 6d to'7ss ex,rail, sacks extra. ; "Potatoes: Market weak at 60s to 655. Doirv Produce: Butter in plentiful supply. nud quality improving as season advances. Prices! ranee from 8d to 91d for separator and creamery, accordimr to finality. Cheese': Firm, with a good inquiry. MESSES, 'c. W. EINNEY AND SONS' EI3PORT. On Tuesday we cleared a large catalogue of hides, sheep skins, tallow, etc. Hides: Prices firm for all well-con-ditioned lines. Ox, few picked, 3Jd to 8W; prime stout. 7d to 7J.d: stout, 6d to 6Jd; medium, 5Jd to s|d; light. 45d to sd: cow, picked, 5Jd to sid; best dry-salted, 43d to 4r.d; wet. 4>.d to 4-id; seconds, 4Jd to 4Jd; scored. 3d to Sid; Kip. 33d to 4d; calf, 4d to 4 1 , d; stars', 2?d to 3d per lb. Sheepskins: Local green and salted, from 2s 3d to 2s 6d: country. 2s to 2s 6d; well-wool-led. 23 to 3s 2d each. Tallow: Good mixed. 25s 6d to 265; picked for tanners' use, 27s to 27s 6d per cwt. Hair: Horse tail, Is Id to Is 2W: mane, Bd. to lOd per lb: cow tails. Is 6d per dozen. Bones, £4 10s per ton. . GRAIN MARKET. DUNHDIN, Wednesday. Oats: Comparatively little is doing locally. the unfavourable weather having restricted arrivals. Northern ports continue to get the best of the trade. Prime milling. Is 9d to Is lOd; good to best feed. Is 7d to Is B£d; inferior to good. Is 5d to Is 6&d; sacks extra. Wheat: Very few samples of new crop have arrived. A little business has been done by country millers 7>rivateljr. but town trade is nnly bavins to 111 immediate • requirements. Prime milling;, 4» 2d to 4s <d: good, 4s to 48 Id: whole fowl feed. 4s to 4s Id; broken and damaged, os 6d to 3s 10d; sacks extra.

ADDINGTON STOCK MARKET. CH2iSTCHiriicn, Wednesday. There was a full yarding at Addington market to-day, 20,000 sheep, 550 cattle, and 400 pigs being penned. There was a good attendance of buyers, but the sale not finishing til] after dark the last pens of sheep suffered in competition. Fat cattle (194 head yarded) were principalis light heifers and cows. There was good demand at late rates; steers, £6 17s 6:1 to £9 10s; heifers, £5 15s to £3 15s; cows, £5 5s to £9 7s 6d; befit", 24s to 27s per 1001b. The f.at sheep yarded included a good proportion of first-quality wethers and ewes. Prune wethers were keenly competed for and sold readily at recent rates, but export buyers neglected ewes, and values eased in consequence. Towards the close of the sale the attendance of buyers was small, and as a result a number of good lines were passed unsold. The range of prices was: Best freezing wethers, 17s to 18s 6d; heavy wethers, to 19s lid; lighter wethers, 14s to 15s 6d; maiden ewes, 14s 5d to 16s lOd; freezing ewes, lis to 14s 6d; butchers' ewes. 9s 6d to 16s 7d; extra heavy, to 19s 6d. Fat lambs (2839 entered* included a large proportion of hardly prime, and for these sale was drarging. For all lit for freezing there was good competition, though prices were a shade easier than last week's. Freezers, 12* 6d to 14s lCd; tegs, to 15s 7d; butchers', lis to 13s 6d. Pigs were a good entry, and included a number of first-class qualify baconei's and porkers. Competition was not particularly keen, and prices all round were inclined to be irregular. Choppers brought up to £4 7s 6d; baconers, from 4Ss to 63s (equal to from 5d to skl per lb); porkers, from 28s to 45s (equal to skl to 6cl per lb). Stores were hard to sell, prices ranging from 18s to 30s, and for weaners from 6s to 10s. AUSTRALIAN PRODUCE MARKETS. By Telegraph.— Association.—Copyright. Sydney, April 8. Wheat: South Australian. milling, nominally. 5s lid ; Californian, 5s 3d to 5s 4dj Argentine, c.i.f., 4s; chick, prime, 5s 3d to 5s sd. Flour. £12 10s; Manitoban, £12 15s to £13; Washington. £11 to £11 10s; Californian, £11 15s to £12. Oats, Now Zealand and Tasmania!) milling, 3s; prime feeding, 2s lOd : good. 2s 8d to 2s 9d ; seed Tartarian, prime, 3s 7d to 3s 8d; Algerian, Js 6d to 3a Bd. Barley, Cape, feeding, 4s 3d to-Is 4d; seed, 4s 5d to 4s 7.d; malting, 4s 9d to ss. Maize, prime, 4s lid to ss; white, 4s 9d. Bran, Is lid. Pollard, Is 4d. Potatoes, Circular Heads, £3 ss. Onions, Victorian, £2 15s to £3. Butter, Is. Cheese, b' 2 d to Bd. Bacon, 9J.d to Is. Melbourne, April 8. Wheat, quiet: South Australian, 5s 10.M ; Victorian, 5s 6d to 5s Pd. Flour, dull, £12: Manitoban, £13 10s. Oats, quiet; seed, 3s to 3s 6d ; New Zealand, white, 2s 9£d to 2s lOd; local Algerian, feeding, 2s 7d to 2s IOd; Tartarian, 3s to 3s 3d. Barley, 3s 7d to 3s 9d; malting, 4s 3d to 4s sd: Cape. 3s 6d to 4s. Maize, 5s 3d. Bran, Is 3d. Pollard, Is 6d. Potatoes, £2 15s to £3 6s. Onions, 2s 5d to 2s lOd. Adelaide, April 8. Wheat, dull, 5s Bd. Flour, steady, £12 6s. Bran, Is 3d. Pollard, Is 7d. WHAN GAP EI SALES. [JIY TELEGRAPH. —OWN CORRESPONDENT.] Whangarei, Wednesday. Messrs. Keyte and Co. report that at. today's auction goods offered sold freely. Guns fetched very high, prices. The furniture offered fetched a high figure, and fruit was in demand. Hunter and Wilson report the sale by auction of acre section, in. Third Avenue, with two small buildings, the property of theStubbs estate, to Mr. M. Watson Armstrong, J.P., after keen competition, for £145. LONDON. By Telegraph.—Press Association.—Copyright. London, April 7. Consols, 91£. Copper : .Spot, 622 ; three months, 62 15-16. Tin: Spot, 155-J,; three months, 1352. Lead, 12|. The total wheat and hour afloat for the United Kingdom is 2,380. n OO quarters, and for tho Continent 1,695,000; Shipments for the week from American Atlantic norts total 174,000 quarters. * ■ Shares: Bank of Australasia. £78; National Bank of Now Zealand, £4 ss; New Zealand Loan and Mercantile, guaranteed debentures. £79.