COMMERCIAL.

New Zealand Herald, Volume XL, Issue 12271, 15 May 1903, Page 3

COMMERCIAL.

New Zealand Herald Office. Thursday evening. Business on the Stock Exchange during the past week has not been marked by any special event. For good investment stock buyers are numerous and prices firm. In banks New Zealands are wanted at £3 12s 6d, and Nationals at £4 9s. In insurances New Zealands are a trifle weaker, with sellers at £4- 7s 6d and buyers at £1 6s. South British are also weaker, with sellers at £5 9s, and no declared buyers. Nationals again sold at £1 2s 6d, and more are wanted at £1 2s 6d. There are buyers of Standards at 19s. New Zealand Accidents are a shade weaker, with sellers at £2 2s. New Zealand and River Plate Land Mortgage, old issue, are wanted at ;81 ss, and new issue at £1 5s 6d. There are sellers of the latter at £1 6s 6d. Coals are a shade firmer. Buyers of ilikurangis offer 12s, and for Taupiri Mines 19,3. Sellers of the latter ask 20s. Auckland Gas are wanted at £14 Bs. Thames Gas are offered at £1 10s 6d, and there are buyers at £1 9s. In shipping there are buyers of Northern Steam, paid up, at 15s 6d, and sellers at 16s, cum div. Contributing are wanted at 7s, and there are sellers at 7s 6d. No alteration in the quotations for timber stock. D.S.C have been in demand, and sold at 12s:, 12s 3d, and 12s 4d, closing with buyers at 12s and sellers at 12s 6d. There are buyers' of Milne and Choyce, preference, at £1 Is 6d, and Wiseman and Sons' preference are wanted at £1 Is. Sellers of the latter ask £1 2s. Wiseman's ordinary are wanted at £1, with sellers; at £1 Is. There are buyers of Itiverhead Paper Mills at £1 9s, and sellers at £1 10s. The market for mining stock is very quiet. There have been sales of Waihis at £5 9;; Waihi Extended at Is Id; Waihi Souths at 7id; Komata Reefs at lOd and lOjd; Crowns at lis; Tairua Broken Hills at 6s 6d and 6s 7d, cum div.; and 6s 3d, ex div. May Queen Extended sold at 4d; Hauraki Freeholds at lid, 10id, lid, and ; Four-in-Hands at 4d. Just prior to the close of the market favourable telegrams from the Bunker's Hill came to hand, causing a demand for the stock, and sales were made up to 5s 7d. Oats remain firm, the lateness of the harvest keeping the markets rather understocked for this time of the year. It will probably be well into the spring before the full stocks are offering which were expected. The price is now firm in the South at Is lOjd f.o.b. for B grade. Potatoes are just a shade easier in the South, but the demand keeps good. Wo understand that the earlier samples of maize expected next month will not be of any extent, as the bulk of the crop will not be ready till two months later.

Chaff is likely to be very scarce in a short time. A good many of the samples coming to hand are of rather indifferent quality, and' we have heard that some of the heaviest suppliers are now cleared right out. Cornsaeks are in very short supply, but ample stocks are arriving by the- Gracchus and the Fazilka, and sales have already been made to arrive. Milling wheat is firm in the South. The manufacturers have advanced the price of boiled lollies and pan goods. Severe cutting has for a lons time kept the quotations below paying prices. AUCKLAND STOCK EXCHANGE. The following are Thursday's closing price* the business done being as follows:— Hill, 4s lid.

G. A. BOTTI/E. Chairman. W. H. O. JOHNSTON, Secretary. 3.15 p.m., May 14, 1903. CALL AND DIVIDEND LIST. Dividends: Tairua Broken Hills ... 0 0 3 Now. Waihi 0 2 6 June 2 'Avondale Brick and Pottery Co. 8 p.c. May 14 LIVE STOCK AND PRODUCE MARKETS. MESSES. A. BUCKLAND AND SONS' WEEKLY REPORT. Horses-: At the Haymarket, on Friday, the usual number were brought forward. We quote: Young heavy draughts, up to £40; medium draughts, £17 10s to £25;' buggyhorses and good hacks, £14 10s to £16 10s; light harness and ordinary hacks, £5 to £13; weeds and ponies at late quotations; bay fill v. by Soul t—Jennie, 104 guineas; spring cart, £6 15s; gig, £14. Hay, 5s cwt; straw, 23s to 29s load. Hides, Skins, Tallow, etc.: Hides—Ox, 4Jd to 6*d; cow, 4£d to s&d; calf, 4d to 4id; horse, 2s 3d to 6s. Tallow, 18s to 24s 3d; rough fat, ljd; bones, 4g 6d; mohair, 6d to Bd. SkinsBest butchers', 2s 6d to 3s sd; dry and country. Is 6d to 2s Id; pelts. Is 4d to Is 9d; dry. from 4d; lamb, Is 7d to 2s 2d; 'dry and country, 5d to Is 3d. Wool: Crossbred, 4id; long, 3Jd to ojd; pieces, lid. On Saturday the clearance sale at Mr. Gregory's, Puni, was largely attended, and competition keen. Dairy coy.'s, £4 17s 6d to £9 ss; heifers, £4 5s 6d to £5 15s; springers, £7 10s to £7 15s; calves, £1 10s; fowls. Is Id. Pig«: Breeding sows, £3 12s 6d to £4 ss; weaners. 18s; spring cart, £15; dray, £7 ss. The furniture, farm implements, etc., realised satisfactory prices. Grain: Oats firmer, especially Danish, which are now quoted same as feed duns. Southern feed, 2s 4d to 2s 6d; duns and Danish, 2s 3d to 2s sd; maize, unprocurable; wheat, 3s 9d to 4s 6d; barlev. 3s 8d; bran, £5; sharps, £7; chaff firmer. £4 ex rail to £4 10s ex store for good quality; inferior and damaged, £2 to £3 1%; carrots, £1 7s 6d to £1- 10s. . . , ■ There was an average muster of stock at Helensvillo on Wednesday, and late values ruled. „ , , Cattle of all classes were well represented at Kemuera on Thursday, and met witu a ready sale. Cows at profit sold up to £9 17s 6d; dry, to £4 ss. Fat and young calves, in full supply: small, weedy, Is to 4s; medium, 8? to 15e; heavy, up to 555: 7o sold. There was a larger number of fat cattle penned than usual. Prices were a shade easier than last week, but competition was steady throughout. Best beef sold up to 265; aged cows, to 22s 1001b. Steers ranged in price from £7 15s to £12 17s 6d; cows, £4 10s to £8 10s: 301 sold. Shce-p came forward in full numbers. Prices were easier, although our quotations are higher. Heavy wethers sold up to 21s; ewes, to 15s; medium sorts, wethers, lis to 14s; ewes. 8s to 10s: 1750 sold. Lambs were scarce. Best sold to 14s; ethers, 8s to 10s; store, 4s to 6s; 150 sold. There was a small yarding of pigs, and there was no improvement in values.

MESSRfI. G VT. BINNEY AND SONS' REFOItT. At our weekly sale a large catalogue of hides, sheepskins, tallow, etc., sold freely at late quotations. _~ Hides: Prime ox, Bid; extra stout. 7Jd to 73d; stout. 6Jd to 62d; medium 53d to 6d; light %l to sid: cow. picked, bid to 54a; h&t lines sd; good, 4M; scored, Id to 4Jd: calf, 4d to Id; flag. 3d to 3id; damaged. 3d' Sheepskins advanced: Green and salted, good lines,' 3s to 3s 2d; medium 2s d to 2s 8d- small. Js 6d to 2s; dry, Is 6d to 4s each fallow: Good mixed, 25s to 265; seconds. 22s to 235; inferior, 17b to 18s cwt; fat. lad to 2d 11). ~ , Tails. Is 6d dozen. Bones, £4 10s ton. • BALE OP TURNIP CATTLE. The New Zealand Loan and Mercantili Agency Co.. Limited, report :-On Tuesday «. h..i7i our annual sale of turnip cattle a 01 anno, and yarded 1450 odd head of real!: flntXn stock. The ram came down incus vinilv all day. which did not improve the ap w rince of the cattle, but for, all that crm etition was keen throughout the sale for al rea forward bollocks: 2* and 3-year-oK 'leers were lower in price and several pen "m reserved at auction, but most oi then were Quitted before leaving the yards The,; waii a large attendance of buyers from T I'nkft Tauranca. Paeroa. Raglan, and n" Wai i 1 "to district Well-bred 31 and 4-year-old bul looks in very forward condition, made froii £7 16s to £8 109 • 3 and 3J-.Vear-old steers. £ ifi« to £6 1487 3-year-old- steers, £5 .6, .„« is- 2i-voar-old steers. £5 2s to £5 lis 2?vearoid S £< 7e to £4 18s; yearlin I sta££ £2 l&SVfc; «r*ariinsa. mucd sex®

£2 8s to £2 17s; strong calves, mixed sexes, £1 14a to £& 2s; smaller sorts, £l 6s to £1 lis; quiet heifers, forward in calf, £3 19a to £5; fresh-conditioned cows, £3 12s 6d to £4 153; store cows, £2 15s to £3 10s; fat cows, £6 1-s 6d. to £8 2s; fat steers, £8 10s to £9 3s; dairy cows and heifers at calving, £5 to £7.

SHEEP FAIE. The New Zealand Loan and Mercantile Agency Co., Limited, held their annual turnip sheep fair at Ohaupo, when, despite the fact that the weather continued bad and rain poured ail day, the lots offered met with brisk competition. Several lines, however did not turn up owing to the state of tl:e weather. There was a good attendance of buyers from outside parts as well as Waikato. Some 4000 sheep were yarded, and the following prices' were obtained : "Wethers, good, lis 8d to 12a lid; smaller sorts. 7s 6d r to 10s 9d; empty, fresh ewes, 7s 3d to 8s 6d; fat ewe 3, 9s. lambs, best sorts 6s to 7s 6d; smaller, 4s 9d to 5s 6d; ewes in lamb, 7s 6d to 9s 6d. BUTTER AND CHEESE. [BY TELEGRAPH. —PRESS ASSOCIATION".] ' Wellington, Thursday. The Agricultural Department has received a report from the acting inspector of New Zealand dairy produce in London, stating that Tooley-street firms complain that the New Zealand cheese they handle is not always; marked with any indication of colour on the crates, this making it necessary to cut the cheese about and delaying sale. The drop of 6s per owt. op New Zealand butter on April 9 was mainly in sympathy with the Danish market, which, after being driven up to an unduly high level, collapsed about a fortnight before that date. FEOZTEN MEAT. [BT TELEGRAPH.—PRESS ASSOCIATION.] Napier, Thursday. The CO. and D. Company cable a decline in values of Jd in mutton and second duality lambs. Quotations: Canterbury mutton, 4Jd; Napier, Wellington, and North Islanid, 3gd. Lamb, first quality, 4|d; second, 4Jd. LONDON. By Telegraph.— Association.—Copyright. r- LONDON, May 13. Tin: Spot. 134'; three months. 134. Lead: Imports, 19,912 tons, including 5314 Australian; exports. 2629. Canary seed, 68s 6d. Linseed, 53?. Rape seed, 635. The total quantity of wheat and flour afloat for the United Kingdom is 2.090,000 quarters, and for the Continent, 2,200,000. The shipments for the week from America foi Atlantic ports, were 226.000 quarters. At the tallow sales. 1535 casks were offeree* and 559 sold. Mutton, fine, 30s 6d; medium, 29a. Beef, fine, 335; medium, 295. lho American visible wheat supply is estimated at 49.858,000 bushels. LONDON WOOI SALES. By Telegraph.— Association.—Copyright. LONDON, May 13. The wool sales are extremely brisk, with a slight hardening tendency. The sales yesterday included rTonga (scoured), 22£ d; Masia, 6Jd. Later. Wool is firm, and competition is well maintained. Prices unchanged. Acland clip brought 10_d.

,a Sellers. Buyers. BANKS- '-' £ s cl & s d New Zealand , — 3 12 0 INSURANCE— New Zealand ...... 4 7 6 4 6 0 National — 12 6 South British 5 9 0 — New Zealand Accident... 2 2 0 — COALHiknrangi — 012 0 Taupiri 10 0 0 19 0 GASThaniea 1 10 6 19 0 SHIPPING— Northern, contributing... 0 7 6 — TIMBER— Mountain Eimu 110 — MISCELLANEOUS— D.S.O., Limits 0 12 6 0 12 0 Milne and Choyeo, Ltd., ordinary 10 6 — Northern Boot 0 6 9 — Biverhead Pajier Mills ... 110 0 19 0 MININGKuranni 0 0 41 — Kuranui-Caledlonian ... 0 1 0 — May Queen Extended ... 0 0 5 — Monowai 0 1 C — Victoria 0 0 5 — Te Puke Gold Reefa ... 0 1 6 — Crown 0 12 6 0 11 3 Komata Beefs 0 0 111 0 0 10 Maratoto 0 0 7J — Tairua Broken Hills ... 0 6 6 — Talisman Consolidated 0 12 0 0 11 0 Waihi 5 1C 0 5 8 6 Waihi Beach United ... 0 0 2£ — Waihi Consolidated ... 0 0 8 0 0 7 Waihi Consols 0 0 4 — Wafhi Extended 0 13 — Waihi Grand Junction — 10 0 Waihi South 0 0 8 0 0 61 Bunker's Hill 0 5 0 0 4 10 New Four-in-Hand ... 0 0 C 0 0 31 Hauraki Freehold ... 0 1 0 0 0 101 Harbour View 0 0 9 —