COMMERCIAL.

New Zealand Herald, Volume XL, Issue 12343, 7 August 1903, Page 3

COMMERCIAL.

New Zealand Eebaid Office. Thursday evening. \&?M : Business on the Stock Exchange has not . been quite so brisk during the past week. Banks have been practically .neglected, and no sales are reported. New Zealand's are offered at £4 6s, and Nationals at £4 12s. Insurances have been in better request. New Zealands sold at £4- ss, £4 ' bi, and £4- 5s 6d, and closed with sellers at £4'6s 6d, and buyers at £4- ss. Nationals are wanted at £1 Os 9d, with sellers at £1 Is 6d. South British are firm, with buyers at £5 ss, sellers asking £5 10s. Standards find steady buyers at 18s, with sellers at 18s 9d. New Zealand Accidents arc wanted at £2 2s. New Zealand and River Plato Land Mortgage, old issue, sold at £1 6s 3d, and there are sellers at £1 ,63 l&d. There are sollers of now issue at £1 6s 6d, and buyers at £1 6s. ' In coals Hikurangis aro offered at 12s 3d, without attracting buyers. Taupiris are offered '■'..:■■■■' at 19s 3d, with buyers at 18s 6d! In gas Aucklands sold at £14 ss, and closed with buyers at £14. Thames are offered at £1 lis 6d. Gisbornes are wanted at £1 16s , 6d, sellers ask £1 17s 6d. In shipping Northern Steam, paid up, sold at 15s 4d, and there are sollers at 15s 6d and buyers at 15s 3d. Contributing are wanted at 7s, sellers asking 7s 2d. There are buyers of Devonport Steam Ferry at £1 18s 6d. In timber, Kauri Company, contributing, ' sold at 4s 6d, and there aro sellers ; at 4s Bd, and buyers at 4s §l3d. Ley-land-O'Briens are wanted at £2 Is, and , there are sellers at £2 Is 6d. Mountain '-'■ Rimu sold at £1 Is 6d, and more are wanted * ; at £1 Is, sellers asking £1 r ; 2s. Kaiapoi ■s*;;' Woollens are wanted at £6 12s. Mosgiels sold at'£4-5s od, and more are wanted.at £4 3s 6d. sellers asking £4 6s. D.S.C. sold at 12s Bc) A and Tonson-Gnrlick3 at 19s 6d. i; His Majesty's Arcade and Theatre, preference, sold at £1 Is 6d. and Cousins and Atkin, Limited, at £1. The market for mining stock has been dull. Waihi Grand Junctions sold at £1 4s 6d; Waihi Extended at Is sd, Is 6d, Is Bd, and Is 9d; Waihi Con- - ; solidated at ll£d and Is; Komata Reefs at Is 4d, Is sd, and Is 4d; Crowns at-lis 9d; Talismans at 12s; Kuranui-Caledonians at Is 'Id and Is 2d; Mahara Royals at 3s 2d, 3s 3d, 3s 2d, 3s Id, and 3s 2d; Bunker's Hill at 4s, 4s Id, 4s 2d, 4s 4d; 4a, 4s id, and 4s; ! Harbour View at 5J«d; and Old Hauraki, ' (contributing), at 3s 2d and 3s 3d. Big Beetles Bold at ?id. Since our report on Wednesday business ...-. ias been a little quieter. :."''.'■ . ■ ; ' An instance of very rapid execution of orders from Home has been seen this week. By the 'Frisco mail which arrived last Monday invoices have come to hand for goods on the Paparoa,; due next Monday. As some of these goods were only ordered by the 'Frisco mail which' left Auckland on May 8, it will bo seen that these goods will arrive in three months from the time the ; f order was despatched. In the particular . case which came before our notice there were no instructions for special hurry, so that this ;', V may be taken as a striking instance of tho advantage of a regular service by such a ;' quick route as tho 'Frisco mail. It also shows the change that has come over the . system of shipping goods since tho old days of sailing vessels, taking from three to five months foi the journey from Home. A small quantity of cornflour has. arrived . ria_ the South .by the Kildalson, a vessel which, as we have previously noticed, occu- ] pied the old-fashioned time of-five months on the voyage. Wholesale stocks are still very low in cheap brands of cornflour, Clem- ' ent's being at present unprocurable. - ; Gaelic whisky is in short supply -until ar- : rival of the I Colbert, a : vessel which is also awaited for further supplies of Symington's essence of coffee. : The short stock of goods arriving by r sailer only emphasises the de- ; pendence that merchants have gradually become accustomed to place in the speedy arrival by steamers. Gilbey's Stratnmill whisky iis unprocurable until arrival of the ','•• Paparoa..'■'•.■:■■■; ■ ,->. .■■-.';■■' The Windsor has arrived in Sydney, and will soon be here with the first shipment of • . Sumatra kerosene oil. Wholesale stocks of Derby tobacco are rather low. The Wellington factory has. ■:•--■■/f;-. : been delaying execution of orders for plaid ; , vestas, arid stocks are practically out. It is ! expected that a small shipment will arrive on Monday. A;. ■■¥-' :: ii' :?,.' r :'v.;..v *'§;'■■■''? .'i 'i The local Candle Company have advanced ' the prices of all their . wax candles by a farth-. 'ing per pound. Indian candles are now out of the market, but" American. are offering freely. : Further, details - of the Indian tea market ik&ve come to hand* under date Calcutta, ; July-6. It is reported that the _ market is j jjstrong for all sorts, and is advancing. Aver- • -'age list sale of July (fifth of the season) I (shawed a rise of lid to per pound all I round -over corresponding sale last< season; fine Darjeeling P.S. .being from 2d to-2idi ovet the corresponding sale of last season, while Fahhihgs were l£d to 2d higher. Gardens having, however, in most cases, fully made up their earlier shortage, exports may now be expected to go ahead of last season, and an easier tone may result. The Ceylon tea market is reported on July 11 as very .-strong for all sorts, with ! brisk demand. Prices have advanced all round. "Common to medium Broken Pekoe are £d. and tippy B.P. and fine liquoring kinds are 3d dearer : than last week's sales. Fannings and Dust 3 are ; quotably dearer, 37 cents, equal to 7£d •c.i-i .*, Auckland, being paid by Russian buyers for ordinary. Dust at last .Same ■■■- teas realised at corresponding sales last year about 28 cents, equivalent to sj|d c.i.f. Pros- ■ ' pects smaller supplies for August, and prices expected to still further advance." ■■■■■■■ " Rice is very, firm. '-y, r '-^. :-'.,. t: ' ''■'..'■ By the "Frisco mail quotations for new season s American canned fruits arrived; and show a higher price than last year.'.-.'■■.-Sales', are rather quiet here at present, as the fresh .fruit has lasted longer than usual. Locally- , ■: canned is freely .offering in more attractive form than was generally sgen last season. .-.":'- Fowl wheat is firmer, and it is explained that the market has been hardened by an • Australian demand. Stocks of oats: are working down to smaller compass. Southern" market continues firm for grade oats. . Onions are .of rather poor quality. Potatoes >.■-:■''-.' are firm. >' ; ' • ~-.-■ .-•' "*-iy :>'■'■•/■ .'■'■ -'. : ' A little grass seed is now. selling for spring ,'■-', sowing. Cocksfoot is offering at Is under the prices of the autumn. -The:price list in :' another column shows the general range of : ; values for other. seeds. The price list for timber published this week shows the general advance- that ha* been established.' Business continues brisk.

:£ . , LIVE STOCK AND PRODUCE MARKET!?. U..■■ ■ ALFRED BT~TU.4ND AND SONS' REPORT. Horses: We had an average entry at the 'Sayinarket on- Friday. There is an unsatis- ; fied demand for good young heavy draughts and waggon horses. We quote: Draughts, colt*, £42 to £50 103; four colts from, the 'coast averaged £46 10s each; medium draughts and waggon horses. £18 to £32; buggy horses .and good hacks, £17 5s to £25; light harness . and ordinary hacks, £7 2s 6d to £17 53; weeds and old horses at late quotations. "We placed the 4-year-old stallion Salisbury's Hope privately at £159. .-. ,' , Hay: 2s 3d to 2s 6d cwt, and 15s to 20s small load: straw, 34s load. '. • Hides, Skins. Tallow, etc,: Hides: ox, 4j}d to 6d; cow, 3*d to 4gd; calf, 4d; kip, 3|d; tails. Is sd; tallow, 223 9d to 23s 6d; rough fat, ajd; bones, 4s 6d. Skins: Best butchers', to 4s; smaller and .country. Is 3d to 3s sd; pelts, 6d to lid; lambs', lid to Is 4d Wool: Pieces. 24 to 3d. On Saturday, at Mr. G. Jones' place at East Tumaki, wc ■■ sold furniture and live stock. ' Cows ranged from £4 5s to £7 17s fid; mare, £7 179 6d; sow, £4; trap, £15 10s; and fowls, from 29 9d to 3s 24. On Wednesday we held a clearance sale at Mr. W. Howe's, Paturaahoe. There was a largo attendance of buyers, and prices were .satisfactory. ' A gig brought £1? 108; cart, £7 ss; cows, £6 10s to £8; calves, £1 ss; pigs, £1; and medium draught mare, £25 10s. Grain, etc.: No change to report in oats. Maize: Supply still net equal -o demand, advanced to 3s, ex wharf. Advertised grass seeds ; Bold as follows: Rye-grass. 3s to 3s 6d: cocksi foot, 5s to 6s 3d; red clover, 53; aisyke, 8s;. Timothv, 4s; rape, 2s; damaged and inferio; chaff, 378 6d to 655; potatoes, 36.3 to 60s; carrots, 25s and 30s; pressed hay, for packing, ' £2 5s ex truck; ex store, meadow hay, £2 10s to £3 10s; clover, £3 to £5; straw, £3 ss. The Remnera Yards were well filled with stock of all classes on Thursday, which met with a ready sale. Dairy cows brought from • £<S 10s to £9 10s; dry, £4 to £5 15s. No grown ' store steers yarded. Strong caive.B, 30s to 40s each- fat young calves penned in average ' numbers. 3old'ut extreme values; small were " from 6s to 325; medium, 14s to 20a; heavy, tin ito 66s (60 sold 1. The beef pena were well. :■ filled with cattle of good quality: prices were slightly easier than last week, hut competition was steady throughout. Ox beef sold up to 273 the 1001b; cow to 255; steers ranged in price from £7 158 t'o £13 12s 6d; cows, £5 -to £8 17s (245 sold). A draft of 31 steers from Mr. Edson's farm at Tokatoka Northern ' Wairoa. averaged £11 59 lOd each. There was a better yarding of sheep than of late. • and all of very choice quality. Bidding was brisk all through. Best wethers sold up to ' 25s 9d; others. 17s to 19*; ewes, 17s 6d to 21s ' 6d: hoggets, 8s to 13s srl; two trucks of choice ' wether?, from Mr. A. Aitk«n, Kereone Estate. averaged 2«s 7d each. Pigs of all classes were well represented/and sold freely throughi out at higher values. Porkers sold up to 4 & s: ':;: small, rough. 5s 6d to 103; well-bred, 12s to ' lSv (80 - sold). No heavy weights penned, •f Pius of all classes are required. ...

:■; FROZEN MEAT. [BY TKMGRAPH. —PRESS ASSOCIATION.] ; Napiee. Thursday. Tho Colonial Consignment and Distributing Company cable:—There is a rise of Jd in the value of mutton. :: Quotations: Canterbury mutton, 4id; Napier. Wellington, and North Island, Ad. Lambs: First quality, sid; second. sd. Beef: Hinds, 4Jd; fores, 23d. "^■■'■■' : ':' '.LONDON. ': ; v • By Telegraph.— Association.— ~-■ '• f LONDON, August 5. ■ Copper: Spot, £58 2s 6d; three mouths, £55 15s. Supplies, 19,155 tons; deliveries, 19,499 tons; stock, including 2950 advices from.Chili and Australia, is 14,949 tons. 1 J Lean, £11. : - ; ;; '

4Jd; light, •'• 4id to',-, 41d; .cow, best lines, 4gd to 4Jd; good. 4d to 4id; calf and lap, 3Jd to 4Jd per lb. ■ .. -'.-■■ Sheepskins: Large salted and green, 3a 3d to 3s 7d; ordinary; 2a 9d to 3s; small, 2s Id to 2a 6d; country. Is 4d to 2s 9d each. ->-: Tallow: Good, 22s 6d to 23s c'd; seconds, 20s 6d per cwt. Bones: Good dry. £4 10s iper ton. Cow tails, Is 6d dozen. Hair: Horse tail. la to Is 2d; mane, 8Jd to:9d per lb. - - , ' AUCKLAND STOCK EXCHANGE. The following are- Thursday's closing prices, the business clone being as follows:—Kuranui, 3£d; Komata Reefs, Is 3d, Is 4d,: . Sellers. - Bayers. BANKS— £ s d £ s d New Zealand ' ...... 4 6 0. •_:•.■; National v. ..... 4 12 0 •'.'•-' — Union of Australia ... . — - 39 10 0 INSURANCE— ' ' , New Zealand ... ... 4 6 6 4 5 0 National ... ... ... 11 6- f . 10 6 South British ... .. 5 10 0 v 5 5 0 Standard ... ... ... 0 19 0 ' 0 18 0 New Zealand Accident — 2 2*0 FINANCIALN.Z. and River Plate, , : old ... ... ... 16 6*1 6:1 N.Z. and River Plate. -sow ' ... ...... — ; 16 0 COAL—, "::'. Taupiri. Limited ... 0 19 3 ' 0 18 6 Westport ... ...... 7 5 0 7 0 0 GAS- ■■ Auckland ... ... ... — 14 0 0 Thames ... ...... 1 11 6 — - Gisbome ;.. ... ... 1 17 6 1 16 6 SHIPPING— \ .; Northern, paid up ... 0 15 6 0 15 3 Northern, contributing 0 7 2. 0 7 0 Deronport Steam Ferry — 1 18 6 TIMBERKauri, contributing ... 0 4 8' 0 4 3 Ley land-O'Brien, Ltd ... — ■■ 2. 10 Mountain Bimu, Ltd. ... 1 2 0. 110 WOOLLEN- V ' • Mosgiel ■':..'.' .......460/—. MISCELLANEOUSAvondalo Brick and v Pottery ... ... 1 0 0 0 19 0 B.S.C. Ltd.; ; ...... 0 12 8 0 12 5 Milne and Choyce, Ltd., preferential ... ... 13 6 116 Milne and Choyce. Ltd., '■''■■. ordinary ....... 10 6 —■ New Zealand Drug (£2)... 2 8 0 2 7 0 Riverhead Paper Mills — • 1 10 6 Saarland and Co., Ltd. — 1 3 0 Tonaon Garlick Co., Ltd. 10 0 0 19 0 Union Oil ... ... ... 12 6 110 Wiseman and Sons, Ltd,, preferential ... ..J 12 6 119 Cousins and Atkin ... 1 10: — MINING-':''''-' - " ''- : :"■'-" Kuranui ... ... ... 0 0 45 0 0 3J 1 Kuranui-Caledonlan ... 0 14 010 May Queen Extended ... 0 0 5 : '.— ">-? Monowai ... ... ... 0 0 9 '■?''■. —- - Victoria ... ... .;. 0 0 6 ' 0 0 4 Mahara Royal ... ... 0 3 3 0 3 0 Big Beetle, contributing 0 0 8 : 0 0 7 Crown ... "... ... 0 12 .0 0 11 7 Komata Reefs ... -"...' 0 14 0 13 Maratoto ... ...... 0 0 3 — Tairna Broken Hills ... 0 7 2 0 6 8 Talisman Conselidated... 0 13 0 0 11 9 Waihi :■■', ... ...... 5 13 0 • 5 10 6 Waihi Consolidated ... 0 13. 0 Oil Waihl Consols ...... 0 0 3 0 0 2 Waihi Extended ... .. 0 19 0 16 .Waihi Grand Junction 15 6 13 6 Blinker's Hill ... ... 0 4 2 0 3 9 New. Four-in-Hand ... 0 0 7 0 0 6 Hauraki Freehold ... 0 0 7£ — Harbour View ... . ... 0 0 5i — Old Hauraki, con. ... 0 3 6 — Old Hauraki, paid up... 0 4 3' • , _. S. A. BOTTLE. Chairman." W. H. 0. JOHNSTON, Secretary, 3.15 p.m., August 6, 1903. CALL AND DIVIDEND LIST. Calls. , £ s. d. Due. Waihi Extended, June 10 ... 00 1 Aug. 8 May Queen Extended, July 24 0 0 1 Aug. 12 Hauraki. No. 2, August _ 3 ... 0,01 Aug. 12 Dividends: ' '" : •' •' Union Bank of Australia —10 0 Now. N.Z. Accident Insurance ... 0 0 6 Now. „ Bunker's Hill ... .;.... 0 0 4 Now.