COMMERCIAL.

New Zealand Herald, Volume XL, Issue 12301, 19 June 1903, Page 3

COMMERCIAL.

New Zealand Herald Office. ... Thursday evening. About the average amount of business has been transacted on the Stock Exchange during the past week. National Banks are firm with buyers at £4 ills, and no declared sellers. New Zealands are wanted at £3 14s; sellers ask ;63 17» 6d. In insurances New Zealands sold at £4 ,4s and £4 ss. South British are offered at £5 6s, with no declared buyers. Nationals sold at £1 arid £1 0 3d, and more are offered at £1 0s 6d, with buyers at £1. Standards are wanted at 18s 3d, sellers asking 18s. There are buyers of New Zealand Accidents at £2, and sellers at £2 2s. New Zealand and River Plate Land Mortgage, new issue, are wanted at £1 5s 9d. In coals Taupiris are offered at £1, with buyers at 19s 3d. Westports sold at £6 ss, and more are wanted at £6 4s, sellers asking £6 7s 6d. In gas there are sellers of Auckland at £15 6s, and buyers at £15 2s 6d. There are buyers of Thames at £1 10s and sellers at £1 lis. In shipping Northern Steam, paid up, sold at 15s 6d, and there are sellers at 15s 9cl and buyers at 15s 4d. Contributing sold at 7s, and more are offered at 7s 2d, with buyers at 6* lid. There are firm buyers of Devonport Steam Ferrys at £1 «L9s. Tim bo. stock has not been so brisk this week. Kauri Company, paid up, sold at 13s 6d, contributing sold at 3s, and there aro sellers at 3s 3d and buyers at 3s. Leyland-O'Briens are offered at £2, with buyers at £1 19s. D.S.C. sold at 12s 6d, 12s Bd, and 12s 9d, and more are wanted at 12s 6d, sellers asking 12s 9d. Riverhead Paper Mills sold at £1 9s 6:1, and there are sellers at £1 10s and buyers at £1 9s. Tonson Gar lick sold at 19s, mid more aro offered at 19s M. Union Oil sold at £1 3s, and there are buyers at £1 2s 6d. In mining there has been a large business in Mahara Royals, and sales were effected from 4s 4d to 4s 8d to 2s lOd to 3s. Id. Waihis sold at £5 8s 6d. There has also been a large business in Ivomata R«efs from Is to Is 3d. Crowns sold at lis 6d and lis 9d. Talismans sold in good lines at 10s 6d. Tairua Broken Hills sold at 7s 6d, ex dir. Maratotos sold at 7yd, Bd, and Bjd; Waihi Extendeds at 8d and 9d: Waihi Souths at 3d; May Queen Extendods at sd. Bunker's Hills sold freely at 4s lid, ss, 4s lOd, ss, and 4s lid. Huaraki Freeholds sold at lOd ami !Lo£d; and Old Hauraki (lute Tlauraki Special) at Is lid and 2«. The produce trade has been very quiet this week. Maize is weak after rather heavy sales of new grain. Further arrivals aro exacted at lower rates, A few trucks of Waikato chaff have arrived during the week, and all of good quality has been in demand. The price ranges from £4 5s to £4 10s at the station, but the offerings of poorer quality are difficult to place. Southern is selling at £5 upwards. Another shipment has arrived by the Talune. Oats are in heavy. supply, and the market is a little easier, both here and in the South. Grade oats should keep their value, as prime quality are not plentiful in the South:, and, in fact, a large quantity of the crop has not been harvested at all. The poor qualities will be the trouble this season, as large quantities have been damaged, and will be offering at low rates. Oatmeal and rolled oats are in demand. The mills have been unable to execute orders for the latter this week.

Bran is in short supply, but shipments are due next week.

American wax candles have been landed from the Louise Roth, and are being distributed at s|d. The 'local candle company have reduced the orice of mining and Union candles by a farthing pur lb. Cornsacks are again in short supply, the small shipment by the Gracchus having quickly passed into second hands. Van Houten's cocoa has sold freely during the week.

Private advices from Singapore show a hardening market for canned pineapples, l£lb tins being already much higher. This fruit is increasing in local favour. The Essex left Wellington last Sunday for South Africa, a full ship. This trade is assuming larger proportions, and the Cornwall nnd Cooevanna are already announced to follow. The July steamer will probably be the Rippingham Grang?, which is expected to make Auckland the first port of call after leaving Sydney. As this will be the first time that a vessel on this line has called here, the opportunity will no doubt bo seized by shippers who are anxious to try the market in South Africa. Already there aro inquiries for space for timber and produce. Cabled advice from San Francisco shows an advance in canned ' fruits, and the new pack will be higher than last season's rates. Tho quotations for the new season will shortly be available. • Dried fruits have been in good demand, especially currants. Sultanas are rather slow of sale. The shortage of Symington's essence of coffee is causing some inconvenience to the trade, and the arrival of a shipment next month via Wellington: is eagerly awaited. Flax has not been coming in very freely lately 011 account of the wet weather. Demand has been heavy, especially for binder I twine, of which another shipment will' be sent by the mail steamer this week. This is the last shipment for the season, for any more would be too late for the American harvest, and the local price is too hich for forward buying. The London market is weak at present, but shipment may be induced by the reduction of £1 per ton in freight, commencing on July 1. The timber trade continues brisk, with heavy local and export orders.

AUCKLAND STOCK EXCHANGE. The following are Thursday's closing quotation?, the business done being as follows: National Insurance, £1 0s 3d; Kauri Timber, paid up. 13s 6d: Kauri Timber, contributing. 3s; D.5.0., 12s 8d; Kotnata Reefs. Is 3d; Bunker's Hill, Is lid, ss; Ham-alti Freehold, 9td; Old ITauraki, 25 3d.

CALL AND DIVIDEND LIST. Culls £ a. d. Due. Golden Belt, May 26 ... 0 0 1 June 19 Wailii Extended, June 10 ... 0 0 1 July 8 ... 0 0 1 Aug. 8 White Star! June la 0 0 1 July 8 Dividends: Mount Lye 11 Mining and Railway Co T 0 1 0 July 1 JJ.Z. find River Plate Land Mortgage Co.. per annum ... 7 p.c, July 1 LIVE STOCK AND PRODUCE. MESSES. A. BUCKIiANI) AND SONS" WEEKLY HEPOKT. Horses: We had a full yard at the Ilasinarket on Friday.. Draught colts realised from £40 to £49 10s; fillies, £33 10s to £37; aged draughts, £13 5s to £30; spring cart horses to £35; buggy horses and good hacks, £16' 10s to £22; li?ht harness and ordinarj hacks, £5 10s to £11 10s: drays, £12 to £19; gi?s £5 5s and £8 ss; light cart. £8 10s. Hay • 2s 6d cwt, and 20s to 44s load. Straw : 16s to 26s load. Hides Skins. Tallow, etc.: Hides—Ox, 42d to 63d- cow, 3*d to 45d; calf, 3id to 44d; kip, 44d; tails Is 6d; tallow, 22s to 22s Sd; bones, 4s 6d • rough fat, liid. Butchers , best. 2s Bd'to 3s 3d; small and country, Is to 2s 7d; pelts. 4d to Is 7d; lambs, 6d to Is 2d. Grain, etc.. Oats, 2s 2d ex wharf to 2s 5d ex store; Algerian seed, 3a Cd; maize, in full

[ supply, 3s 9d ex wharf t° 4s ex store; fowl wheat, 3s 6(1 to 4s 2d; chaff, £2 10s to.£3 10s for inferior local, £4 10s to £5 for prime: bran. £5; sharps, £6 ss; pressed hay, £2 109 to £4; straw, £3 ss; bonedust, £6 10s; blood and bone manure, £5 ss; superphosphates, &□ 53; guano, £4 per ton. At Pokeno on Monday there was a moderate muster of stock; those sold at late values, cows at profit to £7 10s; fat, to £6 10s; dry, to £3 15s; strong calves, 30s to 40s. The Runciman Yards, on Wednesday, well filled with stock of all classes. Dairy cows, to £10; dry, £2 10s to £4; fat, to SI Us , 3-year-old steers, to £6 10s; 18-months to 2-year-olds, £3 Is to £5 43; yearlings, £2 is 6d; strong calves, 23s to 40s. „ , , . There was an average muster of stock at Remuera on Thursday, which sold freely throughout. Dairy cows were required; p' ices for those at profit were from £7 to £12. Store cattle, at late values. Fat and young calves, in short supply, were better worth; small sold from 5s to 9s; medium, 14s to 20s; heavy, up to 555; 44 sold. The beef pens were well filled with cattle of good quality, but mostly light-weights. Last week's values were fully maintained, but in some cases where extra choice cattle were offered prices were better. Steers ranged in price from £7 12s 6d to £14 7s 6d; cows, £4 109 to £7 15s; 230 sold. Ox beef sold up to 27s the 1001b; cows, to 235. A draft of 20 very choice steers from Mr. Win. Sandy's farm at AVaiuku averaged £12 8s each. Sheep came forward in usual numbers, and met with a ready sale, best wethers selling up to 18s 9d; lighter weights, 12s 6d to 15s; ewes, 13s to 15s 6d for heavy-weights, lighter sorts 8s to lis; lambs, 7s 6d to lis; pigs, scarce, were required. MESSES. G. W. BINNEY AND SONS' REPORT. At our weekly sale hide 3. sheepskins, tallow. sold freely, and we cleared a good catalogue. , Hides: No prime offered ; extra stout ranged from 283 to 30« • stout, 25s to 265: medium, 23s to 23s fid; light, 18s to 20s each; cow, best lines, 4gd; good. 4Jd to 4Jd; seconds. 3£d to 33d; kip. 3d to 3id; calf, 4d to 4Jd; stags, 2d to 3d; damaged, nominal. Sheepskins: Large salted, 3s to 3s 2d: ordinary, 2s 6cl to 2s 9d; small. 2s 2d to 2s 4d; dry skins, 2s to 4s; pelts, 2d to 6d each. Tallow, Bones, Horns: No change. FROZEN MEAT. Napier, Thursday. The Colonial Consignment and Distributing Company cable: There i 3 a rise in value of lamb. Quotations: Canterbury mutton, 33d; Napier, Wellington, and North Island, 3id. Lamb: First quality. 5Jd; second, sd. Beef: Hinds, 4*d; fores, 3d. LONDON. By Telegraph.— Association.—Copyright. LONDON, .Tune 17. Tallow: At the auctions 1173 casks were offered, and 910 sold at 6d advance. Copper: Spot. £58 2s 6d; three months, £56 17s 6d. Tin: Spot, £131; three months, £128 10s.

Sellers. Buyers. BANKS— £ s el £ s d New Zealand 3 17 6 3 11 0 National - 4 11 0 INSURANCE — National 10 6 100 South British ... ... 6 6 1)' - Standard 0 19 0 0 18 3 New Zealand Accident... 2 2 0 2 0 0 FINANCIAL— New Zealand and Eiver Plate, new — 15 9 COALTaupiri Coal mines ... 1 0 0 0 19 6 GAS— Auckland 15 6 0 15 2 6 Thames ... 1 11 6 1 1C 0 SHIPPING— Northern, paid up ... 0 15 9 0 15 4 Northern, contributing.. 0 7 2- 0 6 11 Devomxu't Steam terry — 1 19 0 TIMBER— Kauri, contributing ... 0 3 1 C 3 0 Leyland-O'Brien, Ltd. ... 2 0 0 1 19 0 WOOLLEN— Kaiapoi — 660 MISCELLANEOUS— Avon'-ale Brick and Pottery 1 0 6 0 19 3 D.S.C.,' Limited 0 12 9 0 12 6 Milne and Clioyce, Ltd., preferential 13 0 — Milne and Choyce, Ltd., ordinary 10 6 — New Zealand Drag: (£2) 2 8 0 — Northern Boot — ■ 0 4 6 Riverhead Paper Mills ... 1 10 0 . 19 0 Sharland and Co., Ltd. 13-6 — Ton son Garlick, Ltd. ... 0 19 6 — Union Oil — 12 6 MINING— Kuranui-Caledoniari ... 0 0 11 — May Queen Extended ... 0 0 5 — Victoria 0 0 6 0 0 3 Mahara Royal 0 3 3 0 3 0 Big Beetle, contributing — 0 0 6 Crown 0 12 C 0 11 6 Komata Beefs 3 15 C 1 3 Mara to to ... 0 0 7J — Tairua Broken Hills ... 0 7 6 0 7 3 Talisman Consolidated... 0 11 0 0 10 6 Waihi 5 9 0 — Waihi Beach United ... 0 0 2£ — Waihi Consolidated ... 0 0,8 — Waihi Consols 0 0 3& — Waihi Extended ... 0 0 9<< 0 0 85 Waihi South 0 0 4i CO 3i Bunker's Hill 3 4 11 0 4 10 Hauraki 'Freehold ... C 0 10 — Harbour Yiew 0 0 9 — Old Hauraki ... ... C 2 6 0 2 3 G. A. BOTTLE. Chairman. V/. H. 0. JOHNSTON, Secretary. 3.15 p.m., June 18, 1903.