COMMERCIAL.

New Zealand Herald, Volume XLI, Issue 12608, 24 June 1904, Page 3

COMMERCIAL.

New Zealand Herald Office, Thursday evening. . & faib all-round business is reported on the • '.. Stock Exchange' during the past week. There £hJP#i» numerous buyers of good investment ifltslflck, and prices*have's^tendency to improve. In banks New Zealands are wanted : ;',t £♦ 1 23 6tJ » sellers asking £4- 15s. In insurances New Zealands sold at £4 lis, and there are sellers at £4 12s. South British sold at £6 14s oil, 'but closed firmer, v.ith buyers "at' £6 : 15s, and sellers .-it £6 18s 6th Nationals are offered at £1 ' 2s. There are sellers of New Zealand and River Plates at £1 5s , 6d, and buyers a £1 " 4s 6d; . In coals Taupiris flold at 19s 6d, and more are offered at the '■„ sam price. In gas Auckland Gas, sold at " £14 2s M, and more are wanted at the'same -''figure, sellers asking £14 ss. • Gisfjornes are offered at £1 19s, with buyers wait £1 15s. There are sellers of Hamilton's ■ at £2 Is. In shipping there are sellers of ' Northern Steams, paid up, at 17s 3d, and , buyers at 16s 9d. Contributing sold at Bs, ; '7s 10d, and 7s lid, closing with sellers at Bs, ->'- and buyers at 7a lOd. Devonport Steam ' Ferrys are wanted at £1 15s 6d ex div., and , ; sellers ask £116s. In timber there are buyers of Kauri Company, paid up, at lis, and filers at 14s. Buyers, of contributing offer , Is 10d, sellers asking 4s. Mountain Rimu ' - i sold at £1 3s 3d. and more are offered at £1 .' %s, with buyers at £1 23 6d. There are buyers of Avondale Brick arid Pottery at £1. Buyers of D.S.C. offer lis ud, sellers asking '.-- lls*9d. There are buyers of Union Oil at y JBs. In mining. there has again been considerable business in Waihi Extended., Waibis w at £5 19s, and more are offered at £5 19s, 7»* with buyers at £5 17s. ' Waihi Extendeds sold , -from 4s 8d to *s 3d to 4s 6d to 4 s Id. Waihi «§Consolidated sold r at Is 3d. Komata Reefs " told at Is 6d. New Unas sold at sd. Sine* our .report, on Wednesday there are fino further change* in the grain market. Oats ■;; lire firm in the South' for B grade and all fjiicrior. quality; but lower grades offering in large quantities, and keeping the market down somewhat. Now that ■-pitting - is i Iftor© general, potatoes are firmer in the | SlSjoth- Local stocks are working off well j iince the arrivals have been on , a smaller i"t '«eale.. Bran is costing more now, and as m local stocks are rather low some holders are 1 asking a higher price. Others are still quoting on the old basis, but have only a small' '' ' quantity to offer at that figure. Pollard fi is rather scarce. •.' Chaff is very firm. v f ;, The mineral resources of the United States A ©f America would really seem to be almost ''. «shaustleS&. The Geological Survey is preparing its report on the mineral output of M the country for 1902, which will show that, in '■■' that year for the third tfiSftfe the great Republic brought to the surface for the use of -'. mankind-commercial: mineral products exM ceeding 1,000,000,000 dollars in value. The exact figures for 1902 were 1,260.639,415 dolors, which, as compared with 1,086,584,851 M dollars produced in 1901, shows a gain of ' - 16.02 n>er pent. >--7. "\\- : {■■'- 7... - <£ ■- A correspondent in Calcutta advises that the general opinion hiijd there is that cornaseks arc, going to be gcfrnanently on a , '.higher scale of prices. There may be frev quent 'fluctuations; .but as s .the extension of -jute mills has not kept pace with the world's ■ consumption, there is likely to be a general tendency to higher values, and the days of I,' old prices are over.: This does not apply , 'I to hessians, as these mills have been extended ' aufneiently to meet a growing demand. Local holders are asking full prices for the com- •'..' paratively small stocks that are now left "■ over from the shipment by the Aparima.■;'■:. The Kaikoura. arrived this morning with a general cargo from London. The Tomoana ' is now discharging a shipment from New . ■ York. - The tobacco by this vessel is badly, ■ ' wanted, buVis not yet "cleared. Heavy de- ' liveries of kerosene from ship's side are be- ' ing ; made this week from the Fratelli Bevef. rino at the reduced price of 9id. Turpentine js a little firmer.- \. ....■■ The timber mills are busy with export demand. : Fungus is in fair demand, 'Only small quantities of flax are now coming in, and the market has therefore not felt so,. . keenly the fall in values in London and New Y<t»k. Buyers are very reluctant to make ix»iahi contracts, as it does not pay to export 7 at current rates. ~ ? '•'' ;~7.: v >'. )'■: Butter.is in good ; demand at the higher prices for farmers' and separator as 4 reported V earlier, in'.' the week. ": Factory is unchanged. /■■ Eggs show no change. - AUCKLAND. STOCK EXCHANGE. "* " The following are Tharadty'* dosing: price*, the business don« : -Mitchelson Timber Co., _12» ; : ' fd; Waihi Extended, 4s 3d, 4s Id. i Sellers. Bnyers. . BANKS— - ... 4 *a. d. ill d. New Zealand «. ... 4 15 0 4 12 6 i , IXBTJRAXCE— Kew Zealand ... ••• * 13 ° ■», ij" lOHftl ■ ..'■"■ ... ': ■■■'■'■ — v ■ .*••■.*■:■' « ■' ■•'■-: —- I 10' lBi ? * British . -. ... « 18 6 6 15 0 yiVANCIAL— . N.Z. and River Plate, 01d... 18 6 1 . 4 6 K.Z. ami River Plate, new lie 1,-46 COALT*npiri Stinei', Limited ... 0 19 C " - ®B&aa4 ... HSC »»« Auckland A - ~ " * ° \* ,? I O'tl re » » 0 l 18 ° Hamilton ... ._ -210 - - >. SHIPPING—. Nfflrthern Steam, paid up...» ** » « ™ " Northern Steam, con. ... 0 8 9 - o * 10 - J Ptvonport Ferry, ex div. ... -1 16 0 1 la « r -siMBB&-. :> ,i i'r-s"- ''■■ '.'■'■.'. ; -..'-'■.;'•■■■'. Eaari, contribute ... 0 *€R " 9 10 Mitcaolsoti Company ... 0 13 ■» ** m:.-05li.axeotjs- . i Aroodttle Brick jod Pottery , — ~:\« » ■■ D.8.C.. Limited .....; 0 12 .0 ;.■,-..- 0 11_ « ; New Zealand Drug. « —'3 « »» r.iverhe«l.'Paper Mills ... 1 12 « W. A. Byaa and Co., Ltd .■.,- 0190 <;-"„, . Wiseman and Bon%jjrel. ...11" — XININO— *. i Koranui • 9 » '* . — Koranoi-Caledonlaß... .... ■« : 0 a 6 -; V.'.* — New Eclipse :::- ::: <> 9 « . 0 t . New Una t'f'i _ Victoria - « " » Crown - - ° £ * Golden Belt, con.-. ... ° 2 « , : KomaU Beri« —- - " ' ' " _ Pride of WalW • -v. •"""*_ Tairna Broken Hills —"•',. „ . „ , Talisman Consolidated ... 0 * « Oil j. Waihi Consolidated •.;... » * > 'J 17 0 Waihi " ** £ Waihi Consols ... ••• » l *4 ' - 3 10 -:»il,l Extended 0 * 2 0 * x 0 Walhl Grand Junction ... „ — „ 0 1 10 Waitekanri ... ■«• - » * * ° _ Bwiker-s Hill ... • • » l *» New Pour-in-Hand, paid up * ' 0, -1 JUnraU Freehold ... - » >* ° °_ J Harbour View » '> * _ Boyal Oak, con ... - oat. - r G- A. BPTTi-X, Chairman W. H. 0. JOHSSTOS, Seerstsry. lAj^.p-m-, 1 Jane 23, 1904. ; '. | CALL AND DIVIDEND LIST. * _ ~ ■ v ' '^ ,; .: ; 'Dae« ■■■■■■ ,K^ieCree. Tans 3 ... 0 J .JjjHj ■■'■ r. 0 .?..^, 8 ■ STOCK AND PRODUCE MARKET. ?•■'■ A*«M. AWD BtTCKLASD ASD BOKS' REPORT. ' SfcJiJL *£M ttf *»; mediom ditto, £31 to ae.s and ordinary hacks, g 2s 6d t« *- 14 ' K and ponies, 10. to #5 2s 63; spring, cart, All, tax p^tay*i 8 5s to £2 15. ton, 21» to 22s load; straw. S3» to 2S» loart. * ... . I- Hides, Skins. Tallow,- etc.: Hide* 01, i\ d. to few- row, 4d to 4gd; kip, 4d; calf, 4jd.to 6Jd, I damaged, at relative rate,; cow tall". ll■ «« dosen; * ! ;;S>r»o hair, Is Old; bones, d»; tallow, 17» 6d. SWb.: Best bnteners' 3s 9d to 3s IW; country > ditto 3* to 3s 4d; small, Is 2d to 2s 9d; damaged. ;> "wool, In bags: Crossbred, 3Jjd to Gd; cotted, 6Jd. : Gran, etc.: Maize and oats at late rates; oats, 1 Is 93 to 2. Id; mates, 3. 2d to 2s M; wheat, S. Id; chaff local. £3 to £4 10s; best Southern ditto, £« Is- bran £3 <•; sharps, £5 ss; preyed straw, ■•■'"a 15. to £3; hay, supply more than equal to demand, a to Si io«. . , '••*'; . wa „, , n At Hemnera, on Thursday dairy « to °£ *« e J* . demand, those n.»r their profit filing from ««j to 410 Ids; dry, £3 10. to M 10s; lew .tor . yarded, those sold at late, value■ jW*« _ lull supply, sold freely, well-fatted, short of requirements, improved in price (68 sold). Fat cattle came forward in average numbers; in • the early part of the sale, late values ruled but improved "as the sale proceeded. Steers sold up to 1 S3» the 1001b; cows to 203 (258 sold). There was a torn) "srding of sheep, and all of good qua my, which met with a readf sale throughout; , best wetter* sold to 24s 6.1; lighter weights, 15s to IBs, heavy ewes, to 19s M; others, 14s to 17.i. Lambs, in average supply, wen; at lower values, selling from 10s to 13s 3d; small, 7s Cd to 8s 6d. Pips, penned in moderate numbers; porkers were at reCtnt quotations, but small almost unsalable. MKSSR.S. G. W. BINARY AND SON'S REPORT. 1 ' On Tuesday we cleared a large catalogue of :, aides, sheepskins, etc.M Hides: All well flayed and conditioned lines of Stout 01 and cow, firm; eitra stout, Ojd to 7Jd; '■'Stout, Cd to 610; medium, ftd to sjd; steers, -lid : r to 4jd; cow, best lines, 4Jd; good, 4Jd to 4Jd; • Stags', 3d to 3fcd; kip, 4d to 4Jd; calf, «id to fijd; /damaged of all classes sell from 2d to 3d per lb. ;. . Sheepsfcins: Pirn.. Local green and large H country salted, 3s 8d to 4s; medium, 3s 3d to 3s Cd; small, 2, gd to 3s 2d. r,". ■■''Tallow: Dull of sale. Price* ranging from 12s ; : „iii for seconds to 18s for good mixed per cwt. IK Bough fat, ljd per lb. m 1 Bones: Good, dry, £5 per ton. , Cow tails, Is 6d; horsehair, tail, Is 3d;, ditto, /.mine, 3d to 104 per lb, . " 1

LONDON. ' ' /By Telegraph..-Press Association—Copyright ;; 12 Cop,: Spot, £ 56 ,„ M J*g?>^% •Lead:, £11 $ g 45a. » " S?W : (A* Au 'Jf»an V carKo sold' at 2g, G d.V i t ivn, nne, Jt>s; nvudium, 245. Beef fine ?s« u medium, £2g,od. ' otu,.nne, *M > t ■ . ', ■■ '•»' n., »Br WOOL SALES. - -''^ 1 .By lete(rraph.-.Ptas« AsaooiaUon.-Copyrlght. ' ,; .. (Kecelv.id June 23, 10.27 p.m.) - * T i,. «„„, . .■ STDJfBY, June 23. ' » firm Th\ r"? 0t WOOI saleß Rt W»r closed mm. ; The opening prices were fully maintained. [ H1D153 AND FALLOW. By Telegraph. -Press Association.—Copyright. 1 "" } ; (Reeelvijd June 23, 10.27 p.m.) 5 T ... ... "' ,:: ' : MKLBotTRsa, 'June: 33. ; :: 5 „„i l l- '' ***** was firm for light, dial » ™* ■•»'>»»«•?«*' heavy and mediums. Tallow > was steady, with. » finning tendency. ». BVDNBT CATTLE MABKET. ' . .By Telegraph.—Press Association.-Copyright. , ■ (Rcceivnd June 23, 10.27 p.m.) , i ' • - Sydney, June 23. f At Homebnslv oattlemarket, to-day, values were : easier, v Bast wthm , mtom Jf good, w '*J o 1 If'' « S, /r, 9 ; V 6d to 208: *»*. lGs 6d to 17. fid. Best, bullocks, £10 10s to £11 ss; good, £9 1 , DONEDIST 'STOCK EXCHANGE, i . [BV TKLBGIIAPH.—PRKS9 ASBOCUTIOX.] < "' • IltrsHDijr, Thursday. ' Beach ,k l£ X 3d* nBO Bai ** : Electric ' 37 » M 5 K «Vs