COMMERCIAL.

New Zealand Herald, Volume XL, Issue 12409, 23 October 1903, Page 3

COMMERCIAL.

* New Zealand Heeald Office. i Thursday evening. ) BUSINESS on the Stock Exchange daring «*he past week has been very limited, a dull feeling pervading almost all classes of share investments, excepting insurance stock, which have been in fair • demand. In banks, Now Zealands, ! which have not been quoted for some time, are now slightly firmer, with buyers at 80s 6d, and no quoted sellers. Nationals are offered at £4- 13s. There are buyers of Union ' of Australia at £42 10s. In insurances New Zealands were sold at £4 8s 6d, and closed with buyers at £4 6s, and sellers at £4 9s. South British sold at £5 lis, and there are buyers at £5 9s, and sellers at £5 lisNationals find buyers at £1 Is 3d, with sellers at £1 2s 6d. In coals there are sellers of Hikurangis at lis 6d. Taupins are offered at 13s 9d, with buyers at 18s 6d. Northern Coals (7s 6d paid) are asked for at Ys 6d, ( but no business is reported. In gas, Auck- i land have buyers at £14 9s, with sellers at £14 lis. Thames are asked for at i.l Ids, but no sellers are quoted. For Hamiltons sellers ask £1 13s 6d. Gisborne have sellers at £1 17s. Tor Napier buyers offer £22 lbs; and for Palmerston North £4 18s. No business reported in shipping. Northern Steam, contributing, have buyers at 7s, and sellers at 7s 3d. For Devonport Steam Ferry buyers offer £118s 6:1, sellers asking £2. In timber Kauri Company, contributing, have buyers at. 4s 2d, and sellers at 4s 3d. LeylanclO'Briens arc offered at £2 ss, a«d buyers at £2 3s 6d. Mitchelson Company are asked for at 128 6d. sellers asking 15s. For Avoudale Brick and Pottery, buyers offer 19s 6d, without attracting sellers. D.S.C. find buyers at lis 9d, sellers asking 12s 3d. For New Zealand Drugs £2 8s 6d is offered. The mining market is very dull. Waihi Grand Junction have finned, and sold at £1 9a; Old Haurakis, paid up at 4s, and contributing at 3s lid. Since our report on Wednesday there has : been no further arrival of maize, the bad weather on the coast being against shipment. Potatoes have worked off very rapidly this week, and the shipment by the Te Anau will arrive to a rather bare market. There is no further change in grade oats, but inferior quality are being pushed off at lower rates. There must be a large quantity somewhere which will have to be placed. A return from the Bluff shows that up to the end of August only about half the quantity had been shipped away that had been shipped at the same time last year. Fowl wheat has been offering; a little more freely tho last few days. Bran is quoted at 5s lower in the South. There is no further change in chaff. Demand is rather quiet, and Southern is preferred to local, although a higher price is asked. The Colonial Sugar Refining Company announce a reduction of 10s per ton in No. 1 A, No. 1, and No. 2 sugar and brewers' crystals. Homo advices indicate a higher cost in corrugated iron, and it is probable that the local market will respond. This is always a out line, so that it will have to move a little, if only to cover cost. Local stocks are very light, but a shipment is now at the wharf on the Star of Australia, and a further lot is to arrive by the Maori. Linseed oil is a little firmer. Kerosene continues to sell at the advance advised in our report on Wednesday. Turpentine is very scarce, but is being offered to arrive by the Alice. Very little flax is now coming in, and all that comes to hand finds a ready sale. Fine is particularly scarce, and an improvement in the weather is greatly desired by those engaged in the industry. Timber is in heavy demand for local requirements and for export, and mills are working at high pressure. Cheese is being offered for delivery during the coming season. High prices are being asked, i Old cheese is scarce. Butter is arriving in large quantities, but during the last few days consignments of both butter and eggs have been kept back by the interruption in the running of the steamers owing to bad weather. Mr, R. C. Carr sold by auction at his rooms to-day a property consisting of two houses and an eight acre section on Mil ford Road, Lake Takapuna, being part of tho property known as the Hurstmere Estate, for £1060.

AUCKLAND STOCK EXCHANGE. The following are Thursday's closing prices, the business done being as follows: Kauri Timber Co., contributing. 43 2d; Talisman Consolidated, 6s lOd, 6s 9d

G. A. BCTTI/B, Chairman. W. H 0. JOHNSTON, Secretary. 3.15 p.m., October 22, 1303. CALL AND DIVIDEND LIST. Calls. £ s. d. Due. Manukau Steamship, Sept. 17 0 5 0 Nov. 1 Harbour View, Oct. 20 ... 0 0 1 Nov. 11 Dividends: South British Insurance Co. 0 2 6 Now. Old Hauraki G.M. Co. ... 0 0 3 Oct. 27. Riverhcad Paper Mills Co. ... 10 p.c. Oct. 25 LIVE STOCK AND PRODUCE. VESSES. A. AUCKLAND AND SONS" WEEKLY REPORT. Horses: At the Haymarket on Friday we had above the average entry. Aged draughts, £18 to £27 10s; medium draughts and express horses, £27 las to £34; buggy horses and good hacks, £20 to £25; light harness and ordinary hacks, £6 10s to £14 10s; weeds and ponies, £1 17s 6d to £5 ss. Hides, Skins, Tallow, etc.: Hides, ox 4id to sjid, cow 4d to 4£d, calf 3£d to 4*, d, kip 3Jd to 3Jd. damaged 2d to 2id; tails, is sd; bones, 4s 6d; fat, lid; tallow, 16s to 22s 6d; skins, best butchers' 4s 6d to ss, other lots Is lOd to 3s 9d, small and damaged 10d to Is 7d. Wool: Crossbred, sid; cots, 33d to %1; bellies and pieces, 2Jd. Grain: Oats, weak demand, Is lid to 2s 2d, inferior Is 9d; maize, from 2s 7d ex wharf to 3s ex store; fowl wheat, 3s 10d; bran, £4; sharps, £4 10s; chaff, local £5 to £3 10s ex store, Southern £4 15s; Sydney bonedust, £6 15s; superphosphate, £5; guano, £4. At the Pokeno Yards on .Monday we had a good yarding of stock, and competition was keen for all classes, with the result that nearly everything sold at improved prices. Dairy cows brought from £5 10s to £7 12s> 6d; drv cows, £3 to £5 2s; yearlings. £3 to £4 6s; 2 to 2j-year steers, £5 to £6; strong calves, to £2 15s; beef at Remuera rates. At Remuera on Thursday there was a large muster of dairy cows and store cattle, the latter being mostly young stock, all of which met with a ready sale. Cows at profit ranged in price from £7 10s to £9 10s; dry, £3 10s to £5 ss; strong calves, 38s to £2 10s; yearlings, £3 to £4 ss; 18-months to 2J-.vears, £4 10s to £6- well-bred bulls, £8 to £9 12s 6d. Pat and voung calves, in full supply, sold freely. Small were from 12s to 15s; medium, 18s to 255; heavy up to 565; 71 sold. There was 1 a moderate muster of fat cattle yarded, and all of good quality. In some cases higher values ruled, but on tha whole last week's prices were sustained, steers selling to 25s the 1081b; cows, to 225; steers ranged in price from £7 10s to £13 2s fid; cows, £5 10s to £10; 220 yarded. Sheep oaine forward in smaller numbers than of late, and there was a slight improvement in prices. Wethers sold up to 265; ewes, to 22s 9d; hoggets, to 15s. Fat lambs, penned in average numbers, sold freely, bringing from lis 3d tc 16s; 164 sold. Pigs, vorv scarce and required, brought ex- • J ticme values,

We held our usual monthly sale at Kunci man on Wednesday, and disponed Of « wre number of stock of all classes. Dairy cows and heifers ware well represented, close on 200 being yarded, most of: which diangett hands at satisfactory prices, cows selling iiP to £8 15s; heifers, to £8 ss; dry cots, *o 10s to £5 10s; young cattle were keenly com peted for, strong calves gelling up-to *& *»; yearlings, to £4 ss; 2-year-olds, to £5 va, grown steers, to £8 12s 6d; &&&&£& Eemuera values; young bulls, of, which tflere was a good muster, sold from £3 10s to &i 17s 6d, according to age and Quality. MESSRS. a -W. BINKBY AND SONS' EEFOET. On Tuesday wo cleared a large catalog 01 hides, sheepskins, tallow, etc . Hides: Prices firm throughout. Prime ox 7d to 7id; extra stout, 6d to 6Jd; stout, m to 53d; medium, Sd to 5Jd: light. «d to W. cow, best lines. 44d; good, 4fd to 42d, so conds. 31d to 4d: kip. 4d. to «dj call, M to 41(1; cut. 2d to 2id; stags, 2|d to 3Jd peite"Sheepskins: Market firm; large, from Iwi to 5s 6d; ordinary, 4s 4d to 4s 9d: country, salted, os 6d to 4s sd; dry. 28 6d to 4s; damaged pelts, 2d to 3d; spring lambs, 6d to sd, shearlings. 9d to Is each. Tallow: Good, mixed, 22s to 22s 6(1; seconds, 18s to 20s per cwt; fat, lid to ljd per lb. Bones: Good, dry, £4 10s per ton. Cow-tails, Is 5d per dozen. _, Hair: Horse-tail, Is Id to Is 3d; mane, 8u to lOd per lb. SYDNEY STOCK SALES. . By Telegraph.—Press Association.— Copyright(Received October 22. 1.32 p.m.) SYDNEY, October 22. At the llomebnsh sales the general tone was slightly lower. Best wethers. 225; good, 19s to 20s; beat ewes, shorn, 14s lOd to 15s lOd. Cattle rates were maintained. Best bullocks, £11 10s to £13 2s 6d; good, £10 10s; best cows, £8 10s to £9 16s; good. £7 15s. HIDES AND TALLOW. (Received October 22, 11.32 p.m. MELBOURNE, October 22. Supplies of hides are moderate. In the medium and average sections prices advanced 8d: light unchanged. Tallow: Local manufacturers absorb all now offering publicly, and quotations are unaltered. LONDON. LONDON, October 21. - At the fallow auctions 1354 casks were offered and 508 sold. Mutton, fine. 23s 9tl; 1 medium. 275. Beef, fine, 295; medium, 20s 9o_. The American visible supply of wheat and flour is 38,216,000 bushels. Thirty-one shillings is asked for a Soiitft Australia December-January shipment ol wheat cargo.

Sellers. Buyers. BANKS- £ s. d. £ a. d. New Zealand — 4 0 6 Union of Australia ... — 42 10 0 INSURANCE— New Zealand 4 9 0 4 6 0 National 12 6 113South British 5 11 0 5 9 0 N.Z. Accident 2 15 0 — COALIIOutrangi 0 11 6 — Northern, Ltd., 7s 6cl paid — 0 7 '6 Taupiri, Ltd. . 0 18 9 0 18 6 We3tport ... — 6 18 0 GASAuckland 14 11 0 14 8 6 Thames — 1 12 0 Palmerston North. ... — 4 18 0 SHIPPING— Northern, contributing 0 7 3 0 7 0 Devonport Steam Ferry 2 0 0 — TIMBER— Kauri, contributing ... 0 4 3 0 4 1 Leyland-O'Brien, Ltd ... 2 5 0 — Mitchelson Timber ... 0 15 0 0 12 6 MISCELLANEOUS— Avondale Brick and Pottery — 0 19 6 B.S.C'., Limited 0 12 3 — New Zealand Drug- (£2) — 2 8 6 Kiverhead Paper Mills... — 1 13 0 Salmon, Ltd., pref. ... 1 1 0 — Tonson G-arlick, Ltd. ... 1 0 0 — Union Oil 110 — Wiseman and Sons, Ltd., preferential 10 6 — MINING— Kuranui 0 0 6 — Kuramii-Caiedonian ... 0 0 Hi — Mahara Boyal, con. ... 0 1 7 11 May Queen Extended ... 0 0 5 0 I) ® New Eclipse 0 0 9* — Old Alburnia 0 0 6 — Victoria 0 0 % — Crown 0 11 0 — Golden Belt, con. ... 0 2 10 — Komata Beefs 0 1 0 0 0 10 Pride of Waihi 0 0 2 — Talisman Consolidated... 0 6 10 0 6 9 «Waihi 5 7 0 5 5 0 Waihi Beach United ... 0 0 2 — Waihi Consolidated ... 0 1 0 0 0 10 Wailii Consols 0 0 3 0 0 2 Waihi Extended 0 15 0 1 3 < Waihi Grand Junction... — 18 6' Waihi South 0 0 6 0 0 3J j Bunker's Ilill 0 16 0 14 New Four-in-Hand, paid up 0 0 8 — Hauralti Freehold ... 0 0 6 0 0 4 Harbour View 0 0 7 — Old Hauraki, paid up ... 0 4 3 0 4 0 Old Hauraki, con. ... 0 4 3 0 3 11 Minerals. Ltd., paid up — 0 5 0