COMMERCIAL.

New Zealand Herald, Volume XLII, Issue 12856, 3 May 1905, Page 3

COMMERCIAL.

New . Zealand Herald Office,

Tuesday evening. The sharemarkct was fairly active to-day. .In mining lines Talismans were (firmer, there being- rumours of a likely dividend. galea were reported at lis 6d, with late tellers at. 12s 6d, buyers lis. Golden Belts bad strong inquiry on a rising market, the rrmourcd striking of the reef in the low level causing the advance. Business was done in paid-up issue at 3s to 3s sd. more being wanted at 3s 3d, sellers 3' sd, whilst contributing issue were looked for at 3s, without sellers. Waiotahis were firm, selling at. 19s nil. with late seller- at 19s 9,1, buyers still offering 19- 6d. Kuranui-Cale-donians eased a shade, with sales at '-> 2d and 'i<. sellers closing at 2s Id. New Moanataiaris were done at 2s 6d. late sellers 2s 7d, buyers 2s 4d. Koniata Beefs had inquiry at Is 8,1, sellers 2s. Waihi Extended-* sold at 8s 3d. and Waihi Beach a' Sd. Waihis at £6 18s 6d had buyers at £6 16s 6d. In investment line.-; Tuupin Coals hail sale at 19s 6d, more being offered at 20s. buyers 19- 3d. In other lines lute prices ruled. General business is rather good this week with a large number of sorting-up orders. The Navua to-day lias also taken a good shipment of stores to the Islands. The maize market is steady, the only arrivals being the Endeavour, with 300 sacks, and the Wellington, with 60 sacks, and'the price is firm at 2s lid on the wharf in wholesale lines, all the available supplies being taken tip. The growing crop is looking well, and some of the earlier lots arc ripening off sufficiently for shelling- at an early date.

■ Potatoes are very scarce, as only a small quantity came to hand at the end of last week, "and the arrivals on Monday were also on a small scale. The price has advanced to £7 10s. and is now firm at that figure. A fairly heavy shipment is expected on Thursday, and slightly lower prices are being: quoted to arrive. At the present moment stock? are practically sold, as there lias been a fair Island demand in addition to the local trade. It is agreed in the South that the blight lias been very serious, and loss has been so heavy that growers are firm in their quotations for good quality. Oats are steady at 2s 2d ex' wharf and 2s 3d ex store for R grade. The first shipment of new Bluff oats has arrived, anil have turned out of good quality, the ..made being higher than last year. Algerian seed are in fairly good demand at cs 3d ex Store for re-cleaned samples. Fowl wheat is plentiful, and is in good demand at 3s jd ex store. Milling wheat is easy, ami the lower state of the market has brought down flour. The local mills have this week reduced their quotations to £9 7s 6d for flour in sacks,the usual extras for smaller bags. Onions are at present very scarce ami are quoted at Ss 6cl. A fair quantity has been sent to the Islands to-day. and there are already orders in hand for the mail steamer next week. Supplies of chaff are very small. Only & little local is coming in. and supplies for the Sooth are coining in so slowly that the price ha- hardened to £5 on the wharf and £5 5s ex -tore. The season for grass seed is practically over, but a few strangling orders are still coming in. Bonedust anil manures are rather quiet. a 'order- for oats representing lii" pre sent inquiry. AUCKLAND STOCK EXCHANGE. Tlie folleVins ar? TiiMibv-- ctosiee' puces. 'the business .tone Unite :—Taupiii Coal, I'.'s Gil; Kurn-liiu-Calfi! lm.in. i!- M. IV. N>w Moanataiari, is Gi; Waiotaht. l'« Bd;. Golden Belt (raid up), '■■*. ::-- lii. "is 4.1. "> •">'': T.ilisman OmsotiiUteil, lis til; ■Waihi Beit'U. si; Wadii Kx'.etutol, 8, .V. seller*. Buyers.

N.Z. LOAN AND MERCANTILE AGENCY CO.'s KEPOKT. Horses: At the Durham Yards, on Friday, cwins no doubt to there being no noise »aie un the previous week, horses were yarded in larger numbers tliun ritual. The demand lor Heavy draughts remains good. Heavy draughts are selling at from £z9 to £41 10s; medium draughts, £24 5s to £33: light.harness horses, £10 15a to £27 10s; hack*. £6 15s to £20 ss. A sulky realised £13; spring cart, Cattle: At, the Newmarket Yards, oil Tuesday, there was an average muster ol ttairj anil store stock, and a lull muster beei. Dairy cows sold at from £5 5s to £10 lis 6< ; inpty cows. £1 15s to £3 88: calves, .to £1 14s. Fat steers sold up to 23s per 1001 U. cows, 17s to £1. Steers sold at from £6 &s to £10 17s 6*l: cows, £3 10s to £8. Bidding lor fat stock was freer than lor gome weeks and advanced prices ruled. ~ Sheep: The Newmarket Yards were well filled 'on Tuesday, and for those of.first, quality prices improved. We quote: Wetneiß at from 15s 9d to 255; ewe?. 10s 9d to 245, lambs, first quality! ids 6<l to 17s 9d; other sorts, 6s id to 8s 6d. Wednesday, there was a At Warkworth, on Wednesday, there was a good muster of stock for the season-of "A year. Prices showed a slight Grown steer.. £5 2s 6d to.£6 ss; two.to Xhrfig year-old steers. £2 15s to £4 2s Mr empty cows. £1 12s 6d to £2 Us: calves, 16s. to ii 12s. .Beef, at Newmarket rates, _ . At Tnakau. on Wednesday, there .was,.a small muster of stock, winch sold- at late " We'submitted an extra large catalogue of hides, skins, etc.. on. Tuesday, all *»*&£* •tout hides meeting with strong -"Petition. £& advanced id to,4d ; per We L'*™:™ 068 and cow sold at late rates. We quote. HideS: Prime ox, 7Jd £. B^ fiS xtr raeainm «x.7d to 7id; stout ox. 6id to 6,, d, meet um ox. sgd to Cad; light ox. 43d to sidl cow. dcsi lines 4?d. good fcd to l• t skins hides..:23d to 4|d. ' B t butchersSheepskins: Market turn. *>> « pelts. 2s lOd to 3b 6d: do nbs 3s to M B ed . good lines average 3s; sinan »« Is 6d to 28 9d. 7 , d cow tails, Is Horse hair. Is 5d to Is 7id. cow mi , 6d dozen. Bones. £5. M - ', medium. 5s to Horns: Large. 10s to us. medium, 7s 6(1; small. 2s to 3s. .- ■ •„- fid . goo | Tallow: Best mixed 1*; to 208 eu, s u 17s 6rt to IBs 6d: seconds, 15$ to mi q«. /at, lid to lid.

WAIHOU SALE. • . Messrs. McXicol and Co. report:— At Wailion, on the 28th nit., we held -.ur usual monthly sale. There was a yarding of 710 head of cattle j" competition was Ann, prices low, and a large number of stock passed in. Ciood calves. $8 to XI ss; small sorts unsalable; 15 to 18 months steers. £2 to £2 15s; heifers ot same ace, £2 to £2 10s: two-year steers. £3 10s to £4; tat cows, £4 10? to £5 ss; small fat steers, £5 10s; fresh-conditioned cows. £3 5s to £3 10s; store cows, £1 15s to £2 ss; dairy cows at profit, up to Xti ss; heifers, forward in calf. £4 to £4 10s; store ewes. 8s 2d to lis 3d; fat and forward lambs, 9s 9d to lis: aged ewes, %. A few horses' sold at £6 5s to £20. CLEARING SALK. Messrs. McNicol and Co. report:—At Morrinsville, on the 29th nit., we held a clearing sale on behalf of the Motumaoho Estate. Prices for cattle were lower than we have seen them for the last 15 or 16 years. 'Pie cattle were for absolute sale, and well-bred, but owing to the scarcity of feed, which seems general throughout the district, buyers were scarce. Forward-conditioned 3} to four-year steers. £4 10s to £5 9s; three-year steers, £3 19s „o £4 6s; 18 months heifers, ,11 11*: calves. £1 os; store cows, £2 Is; choice two-year heifers (in call'). £3 4s to £4 2s: fat and forward cows. £4 5s to £4 15s; ewes in iamb. 17s: fat wethers. 19s; cull lambs. Ss Gd. Implements, horses, and sundries made Usual prices. A large yarding of cattle from neighbouring settlers were in most cases passed in. the otter being much below cost price six months ago. SHARLAND AM) CO., LIMITED. [IIY il I.!t:it U'H.— PRESS ASSOCIATION".] WELLINGTON, .Tuesday. At the annual meet of Sharland and Co. the report and balance-sheet, which provided for a dividend of 7J tier cent, for the vein*, were adopted. the chairman, in moving the adoption of the report, said: "The itinerant indent traveller seriously menaces legitimate wholesale trade, and we trust the time is not far distau when he Government will sec its way to enac* some provisions compelling that class of trader to contribute to the revenue of tils- coiony. somewhat in proportion to the contribution payable by residential traders. Ac you wUI see from the balance-sheet, we have no less than £16.418 invested in necessary properties and plant, and beside that we pay a considerable sum in rent and employ SS persons. Our competitors from other countries are mostly large capitalists, and our only safeguards against their inexpensively-conducted trade here is in the excellence of our manufactures and importations, and by building up a strong financial position; hence, a reason were there no other, for additions to the reserve fund which the directors make from time to time." NATIONAL INSURANCE COMPANY. [BV TEI.EGB.vr». — PUESS ASSOCIATION.] DUNEDIN. Tuesday. The directors of the National Insurance Company have declared an interim dividend of 9d per share lor the hall-year.

BAXK3— -*- *• '' - *■ d - Xew Zealand •> If. •> - National ... •:> J- * & 'J .0 IXStT.ANCE— Sew Zealand ... . 1 I"' 0 1 12 0, South British ... — ' 7 '•' Standard — l! i; ° • FINANCIAL— X.Z. add Hirer Plat* .. — 17 0 COAL— Sort. Co.. Ltd., "3 CI paid — 0 " 0 lauj.iri Mine*. Limited ... 1 0 0 0 lit 3 .-Yfestport . . ..... . ... .6 17 « ,6 12 0 GAS— - '* " -'- ..•■•' • Auckland ... — '- 13 0 Thames 1 H " — New liymoutb — 74 0 SHIPPING— New Zealand 0 0 0 5 H 0 Northern Steam, pan! up... 0 17 .1 — Noithern Steam, eon,. ... '.' S3 '» 7 fl Devonpjri Steam Ferry ... 1 II V i 1- " TIMBERSinri, paid tip ... ... P 14 3 — _ ' Kauri, contributing . ... " 3 '. 0 3 5 "Mitolielson Co. "... ••• '0 12 t! — MISCELLANEOUS— D.S.C.. Limited. '» -S '' 0 9 -. 0 • Milne and Cbovee, pref. ... i -' i! — , N.Z. Dr..'. a'i .-., ... - - ' 0 X.Z. Portland Cement ... 1 -' >'• —' • V.. A. Evan and Co., Ltd. <> l:i » — Tonson Oarticfc Co., Ltd.. 1 0 li (I lit G Union Oil .... •■■ " '■* « '-' !:< li Wilson and Co.. pre?: ... 1 " " DEBENTURES— X»w Zealand Government 4 per cent." - ft.-., 0 MIXING - Xuranui " •> I" '> " " Kuranui-Cnledooian ... " -' I - <> '■■ ' Mahara Royal, paid up ..')'"< — Ma? Queen Extended. ... " 1 " — Sew Eclipse 11 1 " <» '• l'> \»-.v May Queen n 1 « " 1 I, Xew Moanataiari " - 7 " - '• New Uonowai " '• « — Xew Una " " ' ° " c Nmv Saton ■ • " " ■' Old Alhnrnia " ' '• " ' '•'■ Victoria " ' ■' - Waiotalii ... " El ; ' u 1!! ,; M tanataiari Extended, eon. " M •»': — Coronation, .contributine ... " "I — (■„„„ . ... ii •' - n :; 10 Golden Belt, paid up ... " 3 ■'■ " •'; •' Golden Belt, contributing .— " ■• " Komata Beefs .. ... '■ - " "18 Bride of Waihi »> I '• - ■i. ma Broken Hill* ... » - ' " .] C Tallyman Consolidated . . " 1- '' " '' " Waihi « 1- '■ '' »' '.', Waihi Beach " " '' ". " '' Wail.i Con«olidated ... " - - " - " Waihi KitM.dert 0. X (1 <• » 1 Waihi Grand .Tttnctinn ... 3, « '' ■• - !; Waihi Sooth 'i " '■ ° " -j Waihi St;.ndr«rd .. . . '> " . ; ' " " ' Bnnker'< Hit' " " lu " ° {> Xew Foov-in-Hand, paid up d 1 " — Hiuraki Freehold " I " " ° '" Id Hanr.-ilci, contributing U .1 I" - Knyal Oak, ronlrlbntil.g - 0 " ■'■ O. A. P.tlTTt.K Chairman }?. 1". HfDt-K3TO.s', .Secretary. 1.15 p.m., May 2, 1TO5. .ALL AND I.HVTDEXD LIST. Call.. Due - Victoria, April 13 9 0 1 May 17 video.'. .I"-"-Northern Coat 3 p.o. No*. iifroulea 0 10 May 13