COMMERCIAL.

New Zealand Herald, Volume XLI, Issue 12609, 25 June 1904, Page 3

COMMERCIAL.

New Zealand Herald Office, Friday evening. The sharemarket was quiet to-day. In investment lines National Banks had inquiry at 91s 6d, no sellers quoting. Kauri Timbers (contributing) sold at 3s lOd and 3s lid, with further buyers at 3s 9d, sellers 4s. In mining lines Waihi Extenders were easier, Bales being reported at 43, at which price sellers were still quoting at closing time, with buyers at 3s lOd. Pride of Waihis were done at 4|d. Talismans were a little weaker, sellers closing at 4s 4d, buyers 4s. In other lines late prices ruled. Messrs. S. Vaile and Sons offered by auction to-day a property in Ewington Avenue, Mount Roskill, consisting of a seven-roomed house and an allotment, 117 ft by 210 f t; the property was passed in at £700. An allotment, 46ft lOin by 36ft, and house of six rooms, corner of Ryle and George Streets, Ponsonby, was passed in at £280. There was a good attendance at Mr. J. Thomes' land salerooms to-day, when a block of land at Avondale, containing 70 acres, was sold, after brisk competition, at £10 per acre. ••' The three-storey warehouse of Messrs. Hadley and Co., at the corner of Albert and! Swanson Streets, was to-day offered for sale by auction, at the order of the official assignee, by Mr. Samuel Vaile, at his firm's mart, Queen-street. The property was put up subject to a mortgage of £3000 and a ground rental of £90 per annum. There were no offers, and the property was therefore passed in. It will now be offered for private sale. • Mr. Mandeno Jackson to-day offered for sale by auction at his mart, Exchange Lane, seven allotments and new dwellings thereon, at the corner of Murdoch Road and Richmond Avenue. The highest bid was £750, at which the properties were passed in. The reserve price was £900.

fruit AND Produce markets. In the local produce markets a fair business has been transacted during the past week. The supply of table potatoes has not been in excess of the demand, and so far as Canterbury sorts were concerned, better values ruled. Many consignments of rough Waikatos were worked off for cattle and pig feed at an" average of £2 per ton. There has been practically no business done in seed varieties, although the market la not overstocked. The only supplies of onions which came to haffcl were Victorians, for which t.he market was firmer. Grain generally was unchanged, whilst the supplies of chaff were almost entirely from the South, and j prices showed an advance of 10b per ton, with I a further expected rise at an early date. Poultry of all kinds was in very limited supply, and prices throughout ruled much higher than last week. The demand for young pigs was small. In dairy produce there was a marked falling off in the supplies. of dairy butter, and prices for auction lots were equal to and over factory quotations. There was a noticeable increase in the demand for fresh factory rolls, which are now becoming limited in supply, and are receiving preference to frozen made up. Fresh eggs did not show any great increase j in supply, and were well competed for. Cheese, | bacon, and hams were unchanged in value. The j fruit market collapsed so far as apples were concerned, the steady and continued shipments from Nelson, Wellington, and Christchurch having the effect of overstocking the market, and for many lines at auction to-day the prices ruling were from Is to 3s per case lower than last week, the result being that many lines were withdrawn. Lemons were j almost unsalable, despite the fact that the majority j sent in were of good quality. The Hnuroto arrived from Tonga on Thursday, her late arrival greatly interfering with the auction markets. The steamer brought an unusually large cargo to an overstocked and bad market, and as a further unfortunate circumstance a large percentage of the oranges were condemned. The steamer's cargo had not been realised to-day. The following were the ruling prices at the auction sales to-day: — Field Produce.—Potatoes: Prime Southern table, £3 ton; Walkato, prime, £2 10s; rough, £3; seed varieties, £3 to £5 (nominal). Kumaras, (is to 7s cwt; onions, 6s to 7s. Vegetables.— of all kinds were more plentiful at lower prices, with the exception of cauliflowers. Dairy Produce.—Butter: Dairy, special, 9d to 10Jd lb; others, 8d to 9d; pastry, 6d to 7d; farmers', keg, firsts 7d, seconds 6d; milled, in bulk, for export, 8d; factory, rolls, lOd to 10$ d. Fresh eggs, Is 4d to Is 6d dozen; pickled ditto, Is to Is Id. Cheese, 3d to 4M; factory ditto, 6d to BJd; loaf ditto, Oid to 6d; bacon, 6{d to 7d; hams, 7Jd to Brt. Fruit.—Apples: Local, coloured, 8s Gd to 10s case; Canterbury, green varieties, 6* to 8s 6d; Nelson, ditto, 4s «d to 58 6d. Pears: Canterbury, choice, 10s to lis; seconds, 4s to Gs. Oranges: Poor Man's, 6s to 6s; Island, 5s to 7s; Sydney, 2s 6d to 2s 3d. Mandarins, 4s 6d to 5s 6d. Lemons: Local, -prime, 2s 6d to 3s (nominal); rough and coarse, unsalable. Cape gooseberries, 2Jd lb. Passion fruit: Local, 13s to 15s case, 6s to 8s box; Sydney, 12* to 14s case, 6s to 6s 6d box. Peanuts, 2d to 3Jd lb; bananas, 3s to 3s 6d bunch, lid to 2d lb; pines, Queensland, 8s case. Poultry.—Hens, Is 4d to 3s each; table roosters, heavy, 3s to 2s 9d; medium ditto, Is 9d to 2a; ■ ducks, special, 43 to ss; table ditto, 3s to 3s 6d. Turkeys: Gobblers, heavy, 9s to lis; light, 3s to 4s; hells, 2s to 5s 9d.

LONDON. By Telegraph.—Press Association.—Copyright. LONDON, June 23. Copper: Spot, £56 10*; three months, £56 7a 6d. Wool: The Antwerp sales are to be held on July 39 and 30, mid August 1; 8515 bales La Plata, and 340 of Punt* Arenas are to be offered. Wheat: American visible supply, 24,071,900 bushels. Sales: Australian, 11,000., quarters shipped at the end of May, 295; 7000 of "July shipment, 29s 3d; a cargo of March, 28s 6d. BANK OP ENGLAND RETURNS. (Received June 21, 10.10 p.m.) LONDON, June 24. The weekly returns of the Bank of England are as follows:—Gold, coin, etc., £34,091,008; reserve, £25,527,000; proportion of reserve to liabilities, 51.82; notes in circulation, £28,090,000; public deposits, £9,108,000; other deposits, £40,008,000; Government securities, £16,688,000; other securities, £24,750,000. THE MONET MARKET. Three months' bills are discounted at 2 3-16 per cent. CONSOLS AND COLONIAL STOCKS. " Consols, 90J. New South Waleis 3$ per cents., 9GJ. Victorian 34 per cents., I'lJiSouth Australian 3} per cents., »9. New Zealand 4 per cents., IUOJ. Other stocks unchanged. WHEAT. The wheat markets of England and America are steadier, but quiet; Continental markets are weak. Australian cargoes, afloat, are quoted at 28s 9d to 395; June, July, and August shipments, at 29s to 29s 3d; parcels afloat, 28s 3d; a cargo sold at 295. San Francisco wheat, Idol. 2C£ cents. Minneapolis flour, 4dol. 10 cents. BUTTER. Butter is firmer, but prices are unchanged. CHEESE. Cheese is depressed at 40s to 4!s. RABBITS. Rabbits are unchanged. MINERALS. Copper: Spot and three months, £56 3s 9d. Tin: Spot, £119; three months, £118 12s Cd. Iron, 43b MM. Lead, £11 10s. Spelter, £21 «* 3d. SUGAR. Sugar is steady; first marks, lis 2d; German, 9s 2d. WOOL. The Bradford wool market has had a smalt turnover. The market is very firm, with prices unchanged.

AUCKLAND STOCK EXCHANGE. The following are Friday's clotting prices, the business done being:—Kauri Timber, contributing, 3k lOd, 3» lid; Pride of Waihi, 4Jd; Waihi Exti»urlfld» 4*. Seller*. Buyers. BANKS— £«•<!• £ e. d. New Zealand ... .. 4 16 0 4 12 6 National ... ... ' ... — 4 11. 6 INSURANCE— New Zealand ... ... 4 12 0 4 10 0 National 120 — South British C 17 6 6 15 G FINANCIAL— N.Z. and River Plate, old... 1 5 G — N.Z. and River Plate, new 15 6 14 6 COAL— Taupiri Mines, Limited ... 0 19 6 0 19 0 Westport # ... ... ... — 7 2 0 GAS— Auckland 14 5 0 14 0 0 Gisborne ... ... ... 1 19 0 1 18 0 Hamilton 3 10 — SHIPPING— Northern Steam, paid up...O 17 3 0 18 9 Northern Steam, con. ... — 0 7 10 Devonport Steam Ferry ... — 1 15 C TIMBER— Kauri, con ... 0 4 0 0 3 9 Leyland-O'Brien Co., Ltd.... 1 1!) 0 1 17 6 MISCELLANEOUS— Avondale Brick and Pottery 110 10 0 D.S.C., Limited 0 12 l) — Union Oil 0 19 0 0 lb 0 Wiseman and Sons, pref. ... 1 1 0 DEBENTURES— Auckland Harbour Board, 4 per cent 99 10 0 — MINING— Kuramii ... 0 0 4 — Kuranui-Caledonian 0 D 5J 0 0 2} New Eclipse 0 0 6 — Old Alburnia ... 0 0 7 — Victoria .. 0 0 3 — Crown ... 0 G 0 0 5 0 Golden Belt, con. ... ... 0 2 9 — Komata Reels 0 17 0 15 Pride of Wailii ... ... 0 0 4* — Talisman Consolidated ... 0 4 4. 0 4 0 Waihi ... GOO 5 17 6 Waihi Consolidated 0 13 Oil ' Wuihi Consols ... ... 0 0 3£ • — Walhi Extended 0 4 0 0 3 10 Waihi Grand Junction ... — 2 14 o Waitekauri 0 2 3 0 1 9 Bunker's Hill Oil — Hauraki Freehold 0 0 3A 0 0 3 Harbour View 0 0 3 — Old Hauraki, con « 0 ij — U. A. BUTTLB, Chairman W. H. 0. Johnston, Secrstiry. 3.15 p.m., June 24, 1904. CALL AND DIVIDEND LIST. Calls. Due. New Nine-mile Creek, June 2 ... (J 1 0 June 35 Waihi Alma, June 22 0 0 0 July 13 New Eclipse, June 22 ... ... 0 0 0£ July 8