COMMERCIAL.

New Zealand Herald, Volume XLI, Issue 12725, 30 November 1904, Page 3

COMMERCIAL.

Nbw. Zealand Hktrald Office. V. ' " - Tuesday evening. InE rfiwcmarket to quiet to-day. ' In hivestment, recent rates wore quoted, no business being done. In mining lines Waihi' UoasoLjatcds sold at Is 6d, more t>cing want- ;.«» at Is sd, sealers luTd;; Extended® were done at 6s sd, witb late sellers at 6s fid,. buyers 6a,4d. Waihi Grand Junctions were .again firmer, sellers holding for £3 6s, with buyers at £3 ss. For Waihis buyers advanced to * & 2s, without sellers.- Thames lines were weak in demand. In other lin*s late prices ruled. The Stock Exchange will be closed:, to-day for the observance of St.- Andrew'* Day. ' (Jcnorji! busings has Wen vory brisk this wees. Alio Cnmtmasv trade has commenced , uv earnest- ; and heavy orders ihave; been' re-; ceived for it. The-most important event "of, the week is the first wool sale- of the = season. ; As>mentioned last week the, market is in » buoyant state, and very good prices were obtamed% It may safely be .said that although ims 13 not, a record for the colony it is a record for what may be called modem times, lor even sr-he sensational ; boom of the last two ° tliree months of 1699, which collapsed, m disastrously the following year, did not bring ;, within about j2d per c pound of the prices obtained to s-- Full -details of ; the ~!,° will bo found in another column. . I lift maize market continues to "be irregu- 1 larlr supplied,; the arrivals since last i week totalling only 400 sacks, • as against 1100 for the week preceding;-;',' There is a fair amount! or manse held in store; 1 in soma cases on storage »fc reserve prices bv growers. The demand is not keen, and business is only clone V ) immediate requirements. The small arrivals this week," howw^r^J-j^ftfc*»r'Jf« > fc :.of advancing which,. i- -•■'." ""'". i '"!"" otic penny per bus stands at 2s 5d on the wharf *.« j & >w»ttlesald parcels. Seed- maize ..tocks

'I »Ji-;ui, «UU tuo UVTIIIiCIIU 0.111111111 C.M pjou. } The moist weather will continue the demand > J for sowing. - v \, :■ " -■ ; Potatoes: Canterbury old Dewonta.are. , s4ill short of requirements; and merchants are experiencing difficulty in filling* their orders. ■ Shipments are arriving in good order, ■ and not causing any trouble on l that score. The reports .from Canterbury confirm "the opinion that stocks are just about run out. This has teen further confirmed by the very smart advance that has taken place". The improvement in price has induced a few consignments from The Waikatc—Derwents and white ones—and these are realising 10s under < the price ruling for Canterburys,, which can now be quoted at £5 ex store* New potatoes of nriroi* miAlitv or» olini4 nf fwmiiramiivifc '

<ji prime quality are snort 01 requirements, and ; difficulty has !>©en experienced in completing orders for the Islands. The price is linn, and can now be given at from 8s to 9s. A small consignment of new grown Circular Head potatoes were landed from Sydney this vrii«k, and realised £6 10s, duty paid. Many •" grower vho have had their crops devastated by th<j t'us&se are contemplating replanting, but. til?- difficulty in securing seed will, tio g douivtj stater planting to any extent. • However, any Up-to-Dafcea that can bo accured, -e»£ eooci OOSici: r are being used lor - seed •j J-** rf.TJ I,' :t > r>wir»osw T Onions: Australian new season's are now on the market, and are worth XZat ex store. Tte CTflrfiiipn i? wry Oats Business is steady," and no cljang:© can be reported. 1 ,• _ : C -j Swede and turnip seeds are now meeting with inquiry, and along with them spicial turnip manure, superphosphate arid bonedust are also wanted, rand good business is the v result. ■.}'. i Flax: Another shipment of flax went forward by the last 'Frisco mail, and there are , also fresh orders in hand to follow. . Inhere is considerable difficulty in confirming business on account of the very uncertain supply, and everything points to keeping all the mills . busily engaged. Several of the advices received by f the mail confirm the high prices already reported. " Good fair" was quoted at £30, c.i.f., London. : Cornsacks: The reported advened quoted has been sustained. . Kioe shows very'firm market, and Stocks are particularly low everywhere, and an advance can be looked for. - Chaff: The market continues well supplied , from the South, all arrivals going into con- ' munition, and being distributed to all parts Jof the province. it is reported that some early oat crops have been wit, and will be ; chaffed from the stock. It is pleasing to chronicle that all reports from country disj trict-s ecu firm that the rust has 'not made its appearance to any extent, and that the oat crops are looking well, and that we iaay.antiI ; <apate a fairly, good yield {for ,thii3 season—a j striking contrast to our last season's record. ! " ; Wool: The fifth series of colonial wool sales for the current year, which opened on September 20, closed on the 29th idem. ■ The sales throughout were marked by the '( dry keenest competition for all desirable wools, with the ; result that the better descriptions , of Merinos,, be th scoured and greasy, sold at fully' late rates, to five per. cent, advance. On ,that other blind inferior and faulty dots ! wera somewhat u'regular, and occasionally in favour of buyers. £ ;; ; Croiisbreds ags» v , met with the strongest" support, and af' ' craning very firm quickly improved their post. .on, and on average show an advance of five, ' per cent, on fine, aewen and «.hajf per " wtti. on medium, - and unchanged to occasionally five per cent, up on ooarser descriptions. ; -v> * ' ' Whilst we are free to admit that crosscontinue to attract the greatest attention. it would appear in view of the very substantial advance fn prices that has taken plaoj during the\past two seasons < that values &ho:ddii>» ( u&'s about at the top, and we are even diapewfd to think that.had taken plaoj during the .past two seasons thai values should be uo-5 about at the top, and we are even disposed to think that had there been any weight of wool on the market during i the late auctions we should have seen some setback in values? " ; Another feature is that the trade appears to be turning its attention to the finer descriptions, wfcmh, as compared ' with the coarser kinds, have* not appreciated to anything like the extent of the • letter. On the ; other hand as long as the war ;in the East continues'demand for the coarser qur'ities J must ;be stimulated, consequent upon the l&tffo orders : that will bare to -be place< j for : army Uankete and clothing. ; t - ' Stocks in m anufacturers' . hands ' are «*■ tremely ligiiv so that until 'these< are augmented a owe what 'values should remain fair- ! ly tfrm. i • . ~ > | '. AUCKLAND . STOCK EXCHANGE. : j Th« followingr are Ttsesdiv'B elo*lng the < trau'neii* dsn> belnt:WaiJd Consolidated, Is: 6d; ( WailU Exiuiidcd,, <!« sd. ; , 1 n..„

, STOCK .VXD PRODUCE. KEW ZSAL.WfO LOAN ASl>. UEKCAXTILB AOSKCT .; ',V COMPANY. LIMITED, .Horses: Owing to 'the Aucklaud Agricultural H s°s b * ln ß i held on Friday we ; held !no ; horse sale; ;»*!W« I Durham Yards on Friday. • / ; Wo held a special tale of show stock on the show grounds on Saturday. ;', Bidding was dull find diffi. ifiH\t to : effect sales;";,: Wo sold the following: —Three pure-bred heifers, 10 months ofd, from 4 Mr. James ;Close a '&gaheia«- station, Bay of - Islands, CO guineas; ? roan bull,\fcur months old, from, Mr. A. ■a. ! Harding, ;: M.H.R;, 20 guineas; : three .; Shrop- ; *™ 16 rams from Mr. ; Thomas i Coatcs, 4 guinea's; '- three Shropshire rams; from ,' Mr. '■', Thomas ■' Stone, :Woodlands, 3J guineas. •' v >• , ' ..a. Cattle :..-;,, At, the Newmarket :: Yards 'on : Tuesday ■ there {.was a moderate : number sof dairy and store cattle yarded, and an'average; supply of . beef. Dairy; cows sold at from JillOato &1 10s; empty cows, £2 10s to £3 ; 12s 6d; calves, £1 13s to £2 12s. 1 Bidding for beef •> was brisk, and the quality ot the; j: cattle, more especially the -show stock, was exj cellent. ;i; Ox beef sold up to 20« 'per 1001b, with the exception of the show stock; cow, 19s to 238. ' > Steera sold !at from £3 6s :to JENS; cows, - : £4 6s ■to £10 7s 6d. Three first prize-takers; at the show for freezing- purposes made £11 15s; second prize*" takers, 7 £12 7s «d; three -do. highly, commended, £11-■<f»?:6d. 1 "-"' First-prize oxen, £16; ; tMr<J-prl«! i oxen from the North,, £14 ss; ; three ' first prise- | takurs, £13 17s fid . second-prize do., £13 12s fid. [, Sheep 'were ; yarded ; ini full numbers and met a ' keen competition. ; Wethers sold :at from. Us 6d to £1 ,12s; ewes, 13S 3d to s 17s Cd. Lambs, in full ' supply, met a ready , sale at ; from 10s S< ! to £1. Pen ;of sheep, " first prize-takers,, of most money value, brought £1 Gs; = second prize do., £1 5s Gd; ■ first prize-takers for butchers' purposes, £1 3s !)d; first i prize under 16 -, months. old, --19» 9d; '■;; first prize: for- most money; value, £1 3s Cd; : first prize for, under 30 months, £1 6» Sd; first do.-for all-round purposes, £1 12s; second prize do., £1 3s. Lambs,, for, butchers' purposes, : first prize ' lambs, £1-,.■';' second prize, ISs Cd. First prize for freezing purposes, ,18s 3d; ; second do., .17s 9d. , Pigs were yarded in full numbers. Porkers, IBs Cd to £2.lis; weaners, 10s «d to 17s Sd. i Our first wool sale of the season was held on Tuesday, when we : offered a catalogue of 1301 bales out;of a total ot 2-120 bales submitted. There was a ' good attendance of buyer*. ;,;Most of the '• Wool was in very good condition, being very light in grease and almost free ■ from burr, and in consequent realised full market values. The following is the; range of ; prices; as i" compared ,*.. ■•■»■'. v-- : - <4... ' or with 'ttfC- ... > v .u"iiUiig . im«;'« oi last y< am —November, 1903: . i Fine crossbred, ,7d , 1 , 7Jd; medium ■" crossbred, 6Jd to 7d; ; coarse ex OOCi. !-.-..,i F,.',l l,i fi1.,1. tnfcrldi- «n.V ln«.»tjln«.l %r

I bred, ojd to Ctd; Inferior and'log-stained, ■5d :to | 6Jdj. pieces and bellies, 4 up to 3.1 d; locks, up to SJd. : November," 1904 i Fine crossbred, 9d to lOJd; medium crossbred,; Bjd :to ; lod ;< coarse crossbred, 7Jd-to Sja; inferior and log-stained, SJd to 7|d; pieces and bel'ies,,4d to 6Jd; looks, 3d to 5Jd.Oats: Market very firm at.ls lid for B grade," | Maize: Stocks are light. Shipments to hand cleared at .28. 4d on wharf for ; wholesale lines. ' QhiS: In . short supply and firm at £6 10s to! £5 158. ;' ',::,-■;,.■"":;.,;,., V..- ' . -■ , '. Potatoes are very firm at £5 on the wharf; supply short of requirements. t : Butter still ; remains is 'plentiful supply, with prices in favour of the; buyer., ,* •, Cheese: Consignments lof the new season's make are still coming to . hand. Mediums are worth Hi; ; loaf, 43d.. ; -- < LONDON.

" By Telegraph—Preaa Association.— J! '.':-<• ■'-',' " Lonoos, November 98. > ;: Wool: The market ie brisk anrt prices hare . reached the highest mark or ! the series, : - v

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