COMMERCIAL.

New Zealand Herald, Volume XL, Issue 12281, 27 May 1903, Page 3

COMMERCIAL.

<■ f' ' New Zeal.nd Herald Office. P ' Tuesday evening. I B . 'J. iawmarket v* quiet to-day. In inI g- ; iU ° t lines iaast business was dono. 1 !■' Srn Steamships (paid up) sold at 15s 6d, I ' ' h contributing shires changed hands at 7s. 1 b V Timbers (contributing) were done at |: nf i Trf,ylan!l-o'Briens at- 40s. Bank M 1 & It ' a nhnils yere looked for at 7os 6a 'i - of J vltional Banks at 90s. For New ZeaI and ranees 85> was ottered, sellers askI' !#nd 0 K Auclland Gas, at £1* l?s 6d, i iD? , at £11 12s 6d. D.S.C.'s wcro I ha JS «f 12s Bd, hirers 12s Id. There wore A ; Q" 0 ' . f/,r Union m at 225, sellers asking I buy cr i.' m :„; n) lines Komata Beefs sold at 23% »n d Haul toeholds at 7*d and Bd. I i. Hills wort offered at 4s 2d, buyers at 4?. I a other linos late prices I & "General business continues very brisk, the i ■ Miration of Empire Day making little 111irruption. The usual heavier orders for the 25th of the month have now been exeeutCd inproduco the general feature is the fun--1 of the market in the South, whereas 1 Sly there have been such heavy arrivals I ||I that, many lines havo been offered I Sr tho parity of present prices in the 1 ■ In oats tliere is httio change since I 1.-1 week, but stocks are full, and tho market I fiot as strong as is indicated by Southern 1 i/ivices Duns are firmer. 1 Milling wheat is firm at late prices, but 1 ed i produce a littb weaker, and the market of the market m the South, whereas Sly there have been such heavy arrivals S; that many lines havo been offered nA»r the parity of present prices in the . T n oats there is little change since , ,J , v p e k but stocks are full, and the market Kdroßg as is indicated by Southern riviccs Duns are firmer. Milling wheat is firm at late prices, but wlwlieat is a little weaker and the market I C not been strengthened by the rejection 1 of a substantial line imported for milling. 1 ' This has been placed for fowl feed, and is § rather a largo quantity to place on a weak I ""old maize is now a thing of the past, the 1 few odd sacks arming being picked up bell fore they are offered. We understand that 1 odviees have been jeceived of the shipment •I of the first lot of new maize by the Ngu- { iieuru. This will arrive to a bare market, a and the sample will be inspected with much I interest, as it will give an indication of what II may lie expected in the way of quality this S £t 'whiie maize is so high there has been a i little more inquiry for barley, a good sample I 0 f eec l being worth 3e 3d ex store. fj Potatoes arc firm at £4 5s to £4 10s, the II market being at. present well supplied from || Canterbury. Local are worth £3 upwards, according to descriplitn and .quality. Onions are plentiful and are worth about 4 s fid. Most of the samples arriving are still all this better for repacking, as the quality all this season has been anything but reliable. Southern chaff continues to arrive to a firm market, shipments to hand lately being purchases and not consignments:' Price remains at £5 5s ex store, while local is worth £4 at the station. Benzine is in short supply until the arrival of the King George. Kerosene is again offering to arrive by the Louise Roth, and a further shipment of this oil and also of turpentine is expected by the Star of the East, which has just left New York. Castor oil and linseed continue weak. Tin and copper remain firm, but lead has gone back a little. Oornsacks have now been landed -ex Fazilka to a bare market. A Calcutta report has tho followingßusiness has been done on a very limited scale in heavy goods for near delivery, but mills will not make 1 any concessions in price; this is due princi- | pally to the fact that they are experiencing i difficulty in keeping their labour together, !*nd, although same is a regular occurrence :| at this season of the year, it is somewhat I more accentuated at present- than usual. 1 Another factor which is keeping mills from 1 operating freely is that rain is much needed 1 in the jute districts to help the young plants, which are likely to be withered up by the excessive heat we are experiencing. A few good showers during the next fortnight would entirely alter tho outlook and would in all probability cause a weakness in rates tc set in. Meanwhile business is more or less at a standstill for forward, while for near delivery odd lots are being taken by exporters to fill orders." There are no changes to report in the local dairy produce market. The scarcity of cheese is beginning to be felt more, the reduced production this season being the inevitable result of so many factories going into butter for preference. KAURI GtLu MARKET. The following are our quotations of kauri gum for the week ending May 25, 1905: — White gum: Poor ordinary, £42 and upwards ; fair ordinary, £62 and upwards; ■ bold, three-quarter scraped (free from nuts), \ £25 and upwards; East Coast (good quality}, £9(3 and upwards; re-scraped, £130 and upwards. Black gum: Nuts, £20 and upwards ; medium (free from sugar), £30 and upwards; good, £62 and upwards. Remarks on market: Arrivals for 25 days of May, 670 tons. There is no spccial change in the market calling for record. " , AUCKLAND FRUIT MARKET. " The fruit market has been dead again owing v to the bad weather, and generally prices at the auction sales yesterday declined 20 per f cent, on last Friday's values. Only a moderate quantity of local apples were sent in. but prices were low. Extra choice dessert and cooking varieties realised from 3s 6d to 4s; pood, irom 23 6d to 3s; and inferior, from Is to Is 6d per case; boxes brought from Is to Is 6d. Only a few cooking varieties of : pears were sent in, and realised from 3s 6d to ■is per case. Lemons of first quality brought lrom 5s to 6s, and coarse from 3s fid to 4s per case. Only inferior sorts of grapes were 'sent in, and realised from 7d to 9d per lb. Passion fruit brought from 7s to 8s 6d per case; Cape gooseberries, from 3.id to 4d per lb; tomatoc?, from 4s to 5s per box; tree to- }■/■■' matoes, 3s to 4s per box. A superior shipi ment of oranges from Sydney only realised 2s 6d per bushel oase. Island oranges were hard to quit at 3s 6d per large case. AUCKLAND STOCK EXCHANGE. The following are Tuesday's closing prices, the business done being as follows:— Northern Steamship, paid Hp 15s 6d, contributing 7a; Kauri Timber Co., contributing, 2s 7d; Ley land-O'Brien Timber Co., £2; Komata Beefs, 10Jd; Hauraki Freehold, 7Jd and 3d. Sellers. Buyers. BANKS- £ s d £ 8 d New Zealand — 3 13 6 ■i : National — 4 10 0 | INSURANCE New Zealand 4 6 6 4 5 0 National — 116 New Zealand Accident — 2 0 0 vOAL— Taapiri Coal Mines ... 0 19 6 — Wostport — 6 2 6 3AS—• Auckland 14 17 6 14 12 6 SHIPPING— Northern, paid up ... 0 16 0 — 1 Northern, contributing 0 7 0 — LUBKR - . Kauri, paid up — 0 12 0 j. • Kauri, contributing ... 0 2 8 0 2 6 Leylaud-O'Brien ...200 — I MISCELLANEOUS— Avonda'.e Brick and Pottery 10 6 D.9.C.. Limited 0 12 8 0 12 4 Main© and Choyce, Ltd., r . Breferenlkl — 116 Milne and Choyce, Ijtd.. ordinary 10 6 — Northern Boot 0 6 0 — Riverheud Paper Mills 1 10 0 19 0 Tonson Gariick. Ltd. ... - 0 13 6 Union Oil 13 0 12 0 Vlseman and Sons, Ltd., preferential ... ... 12 0 110 MININGKuranui 0 0 41 — Kuranui-Caledonlan ... 0 1 . C — May Queen Extended ... 0 0 4J 0 0 31 iionowai 0 10 — victoria 0 0 2j — Big Beetle, contributing 0 0 41." — ■ Te Puke Gold Reefs ... 0 1 2 — ; "/own 0 12 0 0 11 6 • Komata Beefs ..." ... 0 0 101 0 0 91 ? ■ Haratoto ... — 0 0 71 f ' Tairua Broken Hills ... 0 6 0 0 5 6 <■' Wailii 5 11 6 5 8 6 . >»aihi Beach United ... 0 0 21 - Waihi Consolidated ... 0 0 3 — : Waihi Consols 0 0 31 — . «aihi Extended 0 12" 0 10 Waihi South 0 0 7 0 0 6 Bunker's, Hill 0 4 2 0 4 0 New Four-in-Hand ... 0 0 4 — Hauraki Freehold ... 0 0 8 0 0 7i - Harbour View 00 9 005 i" . OJd Hanraki 0 17 0 14 White Star 0 0 4 - G. A. Bt'TTTjfi. Chairman. W. H. O. JOHNSTON. Secretary. 5 . 3.15 p.m.. May 20, 1903. V . , CALL AND DIVIDEND LIST. • .. '-''Is. Made. £ s. d. Due. Maratoto C.M. Co., May 20 ... 0 0 1 June 3 : • uoltlen Belt, May 26 ... 0 0 1 June V) ,' Lividend-.: i ; Wail ... 0 2 6 June 2 pi' 1 f. , STOCK AND PRODUCT MARKET.' f '■ z - LOAN AND .MERCANTILE AGENCY CO. - ' . W ai >rs l 3: At the Durham Yards on Friday 1 ' *•6 uad I 1 large muster, and the demand was - ' . .5??/ tll!U1 or many weeks. Heavy draughts i iS » lr °ni £24 to £38; medium «• rights, £17 • £29: light hacks and harness l.crses, "ff lis to £1.8 12s 6d; a sulky realised £i 0 10s; tv.'...; ni'n,? t::lrt - £12; The Scout realised 20 guineas. ' Tt r> i"f S(,a - vr we held a special said of horses .i • ! , , S™' There was a large alu-udance, eiH :' t, V o'oding for good young use' il horses was : S" ra koen - One hundred and nini tj-seveu ••5Rf Bes "ere yarded. Medium draughts sold . . . irom £16 to £38; no extra heavy yarded;

light harness horses, £8 to £21 15s; hacks ' £10 10s to £22 10s; weeds, £110s to £6 10s- 'bus ! and tram horses, £2 15s to £12 10s. j Cattle: At the Newmarket Yards on Tuesday I dairy and store stock were penned in usual numbers. Beef in average supply. Oxen sold to 255; cows, 22s to 245; fat steers mad© from £7 53 to £11 17s 6d; cows, £4 10s to £9 17s 6d; dairy cows sold from £4 10s to j £10 2s 6d; empty cows, £2 10s to £4 3s; I calves, £1 8s to £2 9s. ' | Sheep: The Newmarket Yards were well j filled on Tuesday, and met a good competition. I Wethers sold from 10s to £.1 0s 9d; ewes, 8s i 9d to 15s 3d hoggets, 5s 6d to 13s 6d. I Pigs: Short of requirements; porkers, £1 | 4s to £2 1' -; weancrs, 10s 6d to £1 Is. I We held a clearance sale of live and dead i stock at Mrs. J. Stevenson's farm, Papakura, i on Saturday. 23rd inst., when everything rea- ! lised fair prices. ! Hides: Market easier for all stout and extra ; stout. We sold: Prime ox, 7id to 7Jd; stout, ' 6,1 dto 7d; medium, 5Jd to 6d; light, 5Jd to 5Jd; cow, 4Jd to 4gd; stags, to 3d; calf, 4cl to 4Jd; kip, 3Jd to £d. Sheepskins slightly advanced: large salted, 2s 9d to 3s 4d; small and medium, la 6d to 2s 6d. Tallow: Lower; best rendered, to 25s 3d; seconds, 22s to 245. Horns: Wanted at full rates. Tails: Is 6d per dozen. Wool: Crossbred, 4i<'t to sd; fine, to 6d. Oats: The market is very firm for all sorts. Latest quotation from the South is equal to 2s 2d, c.i.f., for " B" grade, wholesale lines. Wheat: Good samples are in demand at 4s Id. c.i.f. Maize: Small quantity of new came to hand this week, which sold at 4s 2d on the wharf. Chaff: Prime samples are selling freely for £4 5s per ton at the rail by the truck load. Potatoes: There is not much life in the i market. Prime samples of local Derwents i (well tagged! are worth £3 5s to £3 7s 6d; j Southern, £4 ss, ex store. j Butter: Supplies beginning to show a falling i off in quantity, good farmers' separator sell- i ing readily at 9cl lb; poorer qualities, at 8d { and BJd. Cheese: No change to report; prices remain for prime factory—large, 53d; medium, 6d; loaf, 6.\d to 6}d. ! We have to-day received the following cable- I gram from our London house:—" Wool: Since i close of last sales prices are lid per lb higher ! for scoured merino, superior and medium j greasy crossbred; Id per lb higher for greasy j merino, medium, coarse greasy crossbred, and scoured merino medium: id to Id per lb higher for scoured merino inferior, greasy merino ! superior, scoured crossbred, and lambs; and id per lb higher for greasy merino inferior, and fine greasy crossbred. The sales closed firmly."