COMMERCIAL.

New Zealand Herald, Volume XLI, Issue 12663, 17 September 1904, Page 3

COMMERCIAL.

; New Zealand Herald Office, t Friday evening. The sliaremarket was active to-day. In mining lines New Moanataiaris attracted "■ chief attention, and there were free sales on ' a rising maifeet owing to encouraging reports from the mine. Business was done in these shares a* from 5s 3d to 5s 2d to 5s 7d J to 5s 6d to 5s lOd, with further sellers at 5s ' lOd, buvers 5s 9d. New Saxons were also firmer, selling at from 8d to lOd, with late sellers at lOd, buyers 9d. Kuranui-Cale- • donians sold at from Is 9d to Is lid to Is j iOd, sellers closing at Is lid, buyers at Is 1 lOd. Mahara Royal (contributing) were done ' at 6id, New Eclipse at 9d and 9,|d, Old Al- , burnia at 2s lOd and 2s 9cl, and Victorias at 7d and Komata Reefs had sale at 2s 7d, at which price more were looked for, sellers 2s 9d. Waihi Exfcendeds changed hands at 8s 6d, sellers olosing at 8s sd, buyers 8s Id. ' Golden Belts (paid up) had buyers at 3s, ' sellers 3s 2d. Talismans cased to 6s lOd, with buyers at 6s 6d. Wailiis had firmer del maud at £5 13s 6d, sellers holding for £5 16s. , For Waihi Grand Junction buyers were of- . fering 48s, sellers firm at 50s. Waitekauris sold at 2s lOd. Bunker's Hills were offered at Is lOd, buyers Is Bd. In investment lines there was sustained inquiry for Bank of New \ Zealands at £5 15s, sellers firm at £6. South British had sellers at £7 33 6d, buyers •£6 19s. Foi New Zealand Accidents buyers offered! £1 ss, sellers asking £4 15s. Thames Gas were looked for at 31s 6d, without sellers. Northern Boots had buyers at 7s 3d, no sellers quoting. For Union Oils buyers ad- , vancod offers to 19s 3d, (sellers firm at 20s. In other lines late prices ruled. Messrs. Samuel Vail© and Sons' auction ■ sale of land, held yesterday, was well at--1 tended. A house in Alfred-street sold for j £955. For other lots there was some bidding, but the reserves were not reached, and the properties were passed in. AUCKLAND STOCK EXCHANGE. The following' ore Friday's closing prices, the ■ business done being :—Kuranui-Caledoniau, Is Od, » Is lOd, Is lid, is IOd; Mahara Royal (contributing), ■ (%!; New Eclipse, 9d, 9sd; New Moanataiari, 5s 3d, 5s 2d, 5s 3d, 5s Gd, 5s 7d, us 6d, 5a 7d, 5a Dd, " oh IOd; Old Alburnia, 2s 10c>, 2s Od; Victoria, 7Ad; New Saxon, Bd, BUI, Oil, Old, IOd;. Komata Reefs, 2s 7d; Waihi Extended, Ss'tid; Waitekauri, ' 2s lOd.

(J. A. Buttlk, Chairman. W. H. O. Johnston, Secretary. 3.15 p.m., September 16, 1901., CALL AND DIVIDEND LIST. . Culls. Due. New Una, September 2 ... ... 0 0 1 Sept. 20 New Nine-mile Creek, Sept. 1 ... 0 0 1" Sept. 26 New Chelmsford, September 13... 0 0 1. Oct. 4 Waihi Extended, September 8.... 0 0 2 Oct. 6 Dividends. - Due. Batik of Australasia * ... ... 2 8 0 Oot. 7 Mountain Eirnu Timber Co. ... .10 p.o. Sept. 19 FRUIT AND PRODUCE MABKETS. ■ About the average amount of business is reported in the local fruit end produoe markets during the past week. In farm produce there has been a marked improvement in the price of potatoes, owing to the higher values being asked by Canterbury farmers, an advance of 6s per ' ton taking, place locally. For early seed varieties the demand is practically nil, and there are but few inquiries for Derwent seed. A fair amount of new potatoes are expected to be on the market within the next three weeks. Owing to the advance of over 100 per cent, taking place in Melbourne, the value of onions locally has advanced equally. In grain, fowl wheat was the only lino which showed an upward movement. Southern chaff is in full supply, and, being heavily stocked, the market is, if Anything, weaker. "Vegetables of most varieties were in full supply. Although there was no great increase in the supply of farmers' butter, the demand waa not so strong as last week, and lower prices were averaged. There was, however, a scarcity of lines suitable for bakers" use. Eggs were in demand equal, if not beyond, supply. The market for cheese was dull, and prices ruled low. Bacon and hams were in heavy supply to only a moderate demand at further reduced values. The fruit market was fully supplied from all quarters, and prices generally averaged much lower than in former seasons at. this time of the year. The Manapouri landed a good cargo of both orangesand bananas from Tonga on Thursday in good order and to a bare market for these particular lines. The whole of the consignment is being firmly held by consignees. The poultry market was left very bare, and the high prices lately ' ruling have not had the effect of bringing forward increased supplies, and prices averaged even higher than last week. Young pigs were penned in moderate quantities, yet the demand was not equal to that of former years, owing to the milk supply being later this season than usual. The following were the ruling prices at the auction sales to-day:— Field Produce Potatoes: Canterbury, £215 a to £3 ton; Timaru, £2 6s to £2 10s"*, seed kinds, 3s to 5s cwt; new kidneys, ljd lb. Ktimara3, 5s cwt. Onions: American, 15s to 16s (nominal); Victorian, 8s 63 to 9s Gd. Chaff: Bright Southern, £5 10s ton; dark, £4 10s. Dairy Produce Dairy and separator butter, special dairies, 'BJd to lOd lb; ordinary, 7d to 8d; pastry, 7d to 8d; fanners' keg, firsts 6Jd to id, seconds 6d; milled, in bulk, for export, 9d. Eggs: Fresh, 9d to 9Jd dozen.. Cheese: Farmers', 3d to 4d lb; factory, 4d to 4Jd; loaf, 5d to s\d. Bacon: Farmers', 5d to 6d; factory, 6d to 6id. Earns: Farmers', 6d to 7d; factory, 73 to 83. Fruit Apples: Hobart, first grade, 9s to 10j 6d case; others, 6s to 8s 9d; Southern, coloured, 10s; others, 7s to Bs. Tomatoes: Hothouse, 8d lb; Sydney, Od. Oranges: Local, dessert, 2s to 3s case; Poor Man's, 3s to 4s; Island, 5s to 7s ed; Sydney, 2s Gd to 3s. Mandarins Sydney, 3s 6d to" 7s. Lemons:• Local, prime, 2s 6d to 8s Gd; rough and coarse, Is to 2s. Passion-fruit: Sydney, inferior, 2s Gd to 4s. Peanuts, 2d to 2|d lb; bananas, 2s 3d to 3s bunch, 2d lb. Pines: Queensland, 6s 6d to 8s case. ; Poultry.— 23 Gd to 2s- 9d each; table roosters, 2s 6d to 3s 3d; ducks, 2s Gd to 2s 9d; geese, 4s; turkeys, gobblers 7s 6d to 10s, bens 2s-, 6d to 5s Ud. ' HORSE FAIR. Messrs. McNicol and Co.'s annum spring horse fair commenced at Cambridge on Wednesday morning in the presence of a large number of buyers from all parts of the colony. The entries numbered about a thousand, and although the prices generally being realised are slightly lower than those of last year they are regarded as satisfactory. During the fair the firm disposed of the following stal-lions-—From Mr. J. Small, of Ashburton: Draught colt 3yrs (imo.), by Davey—Blossom, purchased oy Messrs. Kirov Brothers, Maungatautari; draught colt 3yr« (inip.), bv Davey—Violet, purchased by Mr J Hall, Matatoki; bay stallion Riverford, 4vrs. by Champion— olf Glasgow, purchased bv Mr. K. W. Mackereth. From SwarSeld, Wha- ' nWei: Roadster stallion Cedi'lc, purchased by Mr. James Grant, Galatea. * The draught stallions Statesman and Lord Kinsall, from Mr. Ruddock, of Ashburton, were passed, in. ..,,., LONDON. By Telegraph.— Association—Copyright. LONPQif, September 15. Wool: it the Antwerp sales 2327 bale's, were offered and 1440 sold. The market showed fair animation and prices showed an advance of 5 cents on those of the July sales. Wheat: An Australian cargo sold at 3is 3d; 7000 quarters September and October shipment sold at 3£s. (Received September IS, 10.15 p.m.) LONDON, September I§. BANK OF ENGLAND RETURNS. The weekly returns of tha Bank of England are as follows:— coin, £36,145,000; reserve, £28,488,000; proportion of reserve to liabilities, 58.56; in circulation, £28,118,000; public deposits, 831,000; other deposits, £49,698,000; Government securities, £14,227,009-; other ; securities, £24,160,000.. . ■ i .■'.:. ,

THE MONEY MAMET. ""' Three months Wile are discounted at 2 7-16 per cent. . CONSOLS AND COLONIAL STOCKS. Consols, 881. New South Wales 3 per cents., 85*. Victorian 4 per cents., 103J; 3* per conti., !)B; 3 per cents., SB-}. " * New Zealand 3 pet cents., 87$. Other stocks unchanged. * - . , WHEAT AND FLOOR. Wheat! The European markets did not respond freely to the American rise. Cargoes are very firm. ' A cargo of 16,000 quarters of Australian October shipment sold at 335. 3d net. Another cargo of 25,000 quarters September and October shipment sold at S4s. The American visible supply of wheat is estimated at 21,473,000 bushels. Flour: Minneapolis, 6 dols. 40 cents. BUTTER. The butter market is firm, with trade quiet. Danish is strong at 1225; Victorian, 102s to Wis. New South Wales holders are asking 104s to lOiJs. MINERALS. Copper: Spot, £57 10s; three months, £37 lis 3d. Tin: Spot, £128 10s; three months, £127. Iron, 43s 3d. Lead, £11 17s U. Spelter, £33 lis 3d. Silver, 2s 2Jd per ounca. SUGAE. Sugar is quiet. First marks, i2s 63; German, Ids Sd. WOOL. The Bradford wool, market is doing moderate business at firm rates.

Sellers. Buyers. BANKS— £ g. a. ", £ a. a. New Zealand ... ... 6 0 0 6 15 0 INSURANCE— New Zealand ... ... 0 10, - National ... 13 0 South British 7 3 (i 6 19 0 New Zealand Accident ... 4 15 0 4 5 0 FINANCIAL— N.Z. and River Plate ... 1 5 i 15 0 COAL— ' Hikurangi 0 110 0 13 t Xaupiri Mines, Ltd. ... 0 19 6 0 18 '.) GAS— Auckland 14 7 6 14 0 0 Thames ... — 1 11 6 Gisborne . 1 18 0 — SHIPPING— Northern Steam, paid up 0 17 6 0 17 0 Northern Steam, con. ... 0 8 6 0 8 a TIMBER— Kauri, contributing ... 0 4 7 0 4 3 Leyland-O'Brleu, ltd. .. 2 0 0 1 18 6 Mitcholaon Timber ... ... 0 13 0 — Mountain Eirau, Limited... 13 6 13 1! MISCELLANEOUS— Avondale Brick and Pottery 10 6 — K.S.O., Limited 0 12 6 0 13 3 H.M. Arcade Theatre, pref. 1 0 0' — Milne and Choyce, prefer. 12 6 — Milne and Choyce, ordinary 116 — Northern Boot — 0 7 3 Xonson Garliek, Ltd. ... — 10 0 Union Oil 10 0 0 19 3 DEBENTURES— Auckland Harbour Board, 4 per cent VJ 10 0 — MINING— Kurauui ... 0 1b' 0 13 Kuranui-Caledoniaii ... 0 1 11 0 1 10 Sluhara Royal, paid up ... 0,0 11 — Mahara Royal, contributing 0 0 7, 0 0 61 May Queen Extended ... 0 0 4 — New 'Eclipse ,0031, 00 ■!) New Moanataiari 0 5 10 0 5 ,l Old Albumin 0 2 10 0 2 ii Victoria 0 0 8 0 0 7.'. New Saxon 0 0 10 0 0 !t Coronation — 0 0 4 Crown '.. ... 0 5 0 — Golden Belt, paid up ..,0 3 2 0 3 0 Golden Hill, contributing 0 2 10 0 2 7 Komata Reefs 0 2 0 0 2 7 Pride of Waihi ... .,. 0 14 0 13 Taii.ua Broken Hills ... 0 3 1 — Talisman Consolidated ... 0 6 10 0 6 6 Waihi ... 5 16 0 5 13 , 0 Waihi Beach United ... 0 0 5 0 0 3 Waihi Consolidated ... 0 13 Oil Waihi Consols ... ... 0 0 4i' 0 0 2 Waihi Extended 0 8 5* 0 8 1 Waihi Grand Junction ... 2 10 0 2 8 0 Waihi South ... ... 0 0 7 -• - 0 0 6 Waitokauri ... 0 3 0 0 2 7 Bunker's Hill ... ... 0 1 10 0 1 8 New Faur-iu-Haud, paid up 0 19 . . 0 0 " 9 Hiiurakl Freehold ... ..006 008 Harbour Tiew ..'. ...004' 003 Old Hacraki, contributing, 0 19 .016 Royal Oak, contributing ... 0 3 3 * — Hidden Treasure ~ 0 3 3 . _,