COMMERCIAL

New Zealand Herald, Volume XLII, Issue 13048, 13 December 1905, Page 3

COMMERCIAL

New Zealand Herald Offic*. Tuesday evening. The sharemarket was fairly active to-day. r; In standard stocks Northern Steamships i (contributing) changed hands at 8s 2d, closin with sellers at 8s 3d, buyers offering Bs. & Kauri Timbers (contributing) were done at J 4s Id. late buyers 4s, sellers 4s 2d. In min--1 ing stocks Waiotahis firmed, , the result no 'doubt of the announcement that a further haul of picked stone had been secured, and V the decision of the directors not to water the shares. .Sales were made from £5 18s " to £6 to £5 17s, and late sellers were at £5 17s d<l buyers quoting £5 14s. Talismans were placed from 27s to 26s 6d to 275, and the market closed with demand at 26s 6d, late sellers holding for 26s 9d. KnramiiCaledonians sold from Is lOd to Is 7d; late sellers Is lOd. buyers Is 6d. New May Queens had buyers from 5s lid to 6s to 5s 10d: late, sellers 6~. buyers 5s Bd. New Moauaiaiaris sold at Is 6d: late sellers Is 7d, buyers Is fid. New Saxons sold, at lOd; late sellers 10?, d. buyers 9|d. Victorias were done at 2s 2d; kite sellers 2s 2d. buyers 2s. There were buyers of Aucklands at 2s 2d and 2s Id, and more were wanted at. 2s Id, late sellers 2s 2d. Crowns' were sold at 5s 4d sad 5s 6J. and buyers were prepared to go , on at 5s 6d, late sellers 5s Bd. Golden Belts S\ (contributing) sold at 2s 2d: late sellers 2s 4J. buyers 2s Id. Komata Reefs sold at 2s, mid more could have been had at the price, laic buyers Is lid. Sales were made in : Tairua Broken Hills from 3s 2d to os id to 3s 2d; late sellers 3s 3d, buyers os Id. Old . Haurakis sold at sd; late sellers b'd, buyers "■Aid. ;". General business continues very active in all departments. The mail steamer has arrived with another largo shipment, and heavy sales have been made for delivery . from ship's side. The Whakatane- has arrived with a general cargo from the West of England ports, and the Star of Ireland is just in from New York, so that the wharf is busy with cargo. The Navua is in from Fiji, and tho Hauroto has left for the Islands with the usual -monthly shipment. The maize market has been rather upsetby heavy arrivals. Since this time last week shipments have- arrived by the Aotea, Kaco, Endeavour, Albatross. Mangapapa, and Energy, bringing over 2000 sacks, and the- "Waiotahi is now on the way. This large quantity caused the market, to drop to ' 3s 6d on the wharf, at which wholesale parcels havo been placed, and the lower price has induced a little shipping to the South. .Stocks arc now clearer, and the market may be regarded as firm at the present quotation, but it- must be remembered that the local consumption is considerably reduced. At this time of the year wheat is always preferred if it can bo obtained on favourable terms, and the high price of maize has thrown still more demand on wheat. •The wheat market is very firm at late quotations, and as the fowl wheat- arriving is turning out in good condition there is an eager demand. Present cost is 3s 6d c.i.f., or 5s 9d ex store. Oats show no change. The- market keeps firm, holders having a strong opinion of tho situation. .... ■ _v

Onions are in fall supply from Australia, and the market is easier, good samples being quoted at 9s upwards, while" it is not unlikely that the price will bo a little lower shortly", as heavier- supplies are expected, and buying is only done quietly on the band-to-mouth principle. Locally grown are coming on well, and with hot, weather will soon be ripening off. 'American potatoes are off the market until arrival of tho Sierra, now fully due with a large shipment. A good many of these will go South, and practically all are placed .to arrive. New potatoes are arriving in much better condition now, and good i samples command 2d. The position has decidedly improved as regards the growing "crop,-the weather conditions of the last ; lour weeks having been just as ; favourable /Bathe preceding two months- were unfavourable. Consequently blight is hardly in evidence now, and a good many growers are : expecting a full crop ,in good condition. ■ Guided by the experience of last year quite g» fair quantity of late potatoes have been ■ put in, and unless particularly dry weather : should come these ought to turn out well. .American'' seed has been largely used, and it will be interesting to see to what extent .the change will be for the benefit. Grain generally benefits by the seed being obtained from a different clime, and it is expected that potatoes will show tho same result in resisting blight as the American • seed oats 'have shown in resisting rust. •.'.-; Oats are looking very well, and it is hoped 'that rust 13 now a thing of the past. "With hot weather there will bo harvesting in a few days in some early areas, and a large quantity will be down before the end of the year, so that'chaff will then be more plentiful. Southern is 5s per ton higher this week, and will continue in demand for some time yet, as it will net be safe to use new local chaff at once, except mixed with old. In a short time*, . however, local will supply all the Auckland demand. Farmers • in Auckland have lost thousands of pounds during the last two or three years through rust compelling the importation of Southern chaff. ," '

Turnip seed is in heavy demand, also bonedust, superphosphate, and other manures.

1 Tea.: Calcutta advices to 13th ult. state 1 that quality was very ordinary, with the exception of a few Dooars and Assarns, and although some of the former were ragged -„-.. and stalky tho market remained firm. y: ■ There was .a. larger selection of common sorts than for some time, and may be quoted at id lower. All medium to fine teas showing good cup value 'have advanced ' ;■' somewhat. At tho sale of November 15, at '. . Colombo, 16,939 packages (1,348,6241b) were offered, making the 'aggregate-to date about 5,000,0001b more than for the corresponding • period of 1304. Commonest grades were in full supply, and these with medium brokens were consequently lower, and very irregular in price; 'Orange Pekoes and Pekoes are ' firm at previous rates. Farming's are still being bought by the Russians, who pay ex- - • treme prices fori them, and tin's almost prohibits purchasing for this market. We are also advised from Calcutta that castor oil continues in limited demand, but prices are firm, owing to continued scarcity of castor seed, " . I■ , ~ SEW ZEALAND LOAN- AND MERCANTILE AGENCY COMPANY'S, Ltd., UEPOHT. ~:..." Horses: At the Durham Yards on Friday there ,'.:; was again a large muster of horses, and for any;;:•;.thing of a good stamp there was a readv sale. . \ ~ Heavy draughts sold at from £28 to £39 10s; '■ medium do., £21 to £35; hacks and light harness, £7 5s to £20. On Thursday we held a special sale of thoroughbreds at the Harp of Erin stabies. There was a fair attendance, competition being extra keen for the lota sold. The following gales were effected: —Apologue, 1000 guineas; Sweet Alice, 300 ' t'tiineas. . - Cattle: At the Newmarket Yards on Tuesday stock of all classes were yarded in usual numbers, which gold at late rates. Dairy cows sold .at from £3 15 3 to £7 12s 6d ; empty "do., £1 18s 'to £3 is; calves, £1 Is to £1 18s. Beef was yarded in average quantities, and showed a slight, ■ ■ improvement on last week's rates. Ox beef sold :•;>.; ;up to 22s per lCOlb.' cow 17s to 20s. Steers sold *-v: nt from £6 103 to £9 12s 6d : cows,- £4 5h to £7 \ > r . 15s, no heavy-weight oxen yarded. Sheep were yarded in average quantities and sold at last (week's rates. Wethers sold at from Ids 9d to ' ". £1 6s; ewes, 13s od to £1 3s. Lambs, in full supply, sold at for well-fatted 10s 9d to 10s 6d ; other sorts, 7s to 9s 6d. j " . figs: Yarded in full numbers. Young pigs ~ Wld at from 5s to 10s 6d ; store do-, 12s 9d to . ' £1 Is; porkers, 193 to £1 IBs; baconers, £2 5s to £3 7s bd. On Monday, at. Clevedon, we had a good muster ... .Of stock, and satisfactory prices were realised. ,■- We submitted an "average catalogue of skins, . etc, on Tuesday, alt lines selling under keen competition. ;??, .'''■'.•■■■ Hides: Our usual sale of hides was not held -.' on Tuesday, ul vvill take place on Wednesday. Sheepskins: Market brisk. I'.est butchers' 'kins, large 7s 9d to 10s 6d, medium 6s bd to ) I* 3d, small 4s 6d to 5s 9d ; lambs', 2s 6d to 3s Sd, pelts, 2a 2d to 3s. Tallow- Market firm Best mixed, in ship-a'::V;;-"lent casks, 23s 3d to 245; broken casks and ijr.ji-'Packages,- 21s 6d to 235: seconds,' 18s to 20s 6d; *:;;,!■;/;: rough fat, lid to ltd. llffig Bones, £4 15g. * f'owtails. is fed dozen. Horsehair, Is 2d to.ls 3d per 11). '. .". M "«;- Market glutted and price has fallen to « fed on wharf. . . Oats Firm at 2s GJ c.i.f. Chuff Supplies are greatly in excess of require- • , ments and the market, is weak at £5. I Potatoes: Worth £15. ":'.:',;" T: ■.''---•-" ■ .i'fSa :i: fi,i, Butter: Choicest separator, Sd to 9Jd; good, IsBEB, E^d:; to &ld. ■ - Cheese: Factor?, 40'?, 5Jd; loaf, fjitl •y '

AUCKLAND STOCK EXCHANGE. The following are Tuesday's closing prices, the business clone being :—Northern Steamship (contributing), 8s 2d; Kami Timber (contributing), 4s Id ; Waiotahi, £5 18s, £6, £5 19s 6d, £5 19s, £0 ]7g; Talisman Consolidated, 27«. 26s 9d, 26s ?ni' ,' s, „ , 26 ? 6d> 275; Kuranui-Caledoninn, Is lOd, Is 9(1, Is 7d; New May Queen, 5s lid, 6s, os Hid, 5s lOd; New Monnataiari, Is 6d; New Saxon, lOd; Victoria, 2rf 2d; Auckland, 2s 2d, 2s Id; Crown, 5a 4d, 53 6d ; Golden Belt, (contributing), 2s 2d; Komata Reefs, 2s, 2s; Tairua Broken Hills, 3s 2d, 3s Id, os 2d; Old Hauraki (contributing), oil. -'-.... , Sellers. Buyers. BANKS- £ *• d - £ •' d - BANKS- ; -■;•■:'" New Zealand ... ...7 7 0 — National ... ; ... ... 6 0 0 5 15 0 INSURANCE— • , ' New Zealand 5 la 0 — National 13 9 South British li 10 0 — . Standard 0 18 9 0 18 3 FINANCIAL— N.Z. and River .Plate ... 1 9 3 18 0 COALHikurangi _ 0 14 3 Norl. Coal, Ltd.. 10s paid 0 12 0 0 10 6 Tallinn Mines, Ltd. ... 018 6 018 0 GAS— Auckland 14 10 0,. — Palmorston North — '500 New Plymouth ...... — ' 7 15 0 ■ SHIPPING— Northern Steam, paid up 0 17 0 —- Northern Steam, con. ... 0 8 3 .080 Devonport Steam Ferry ... 1 17 0 1 16 3 TIMBER— Kami, paid up _ 014 6 Kami, contributing ... 0 4 2 0 4 0 LeyliUid-O'Brien. Ltd. ... 2 4 6 2 3 0 Parker-Lamb, Ltd. ... — 14 6 MISCELLANEOUSAuckland Tramwavs Co. 11 50 11 0 0 D.S.C.. Limited .".. ... 0 8 6 0 8 0 : 11. M. Arcade Theatre, pref. 12 6 — .J. Milne and Choyce, pref. 13 0 116 New Zealand Drug, £2 ... 2 7 0 — Northern Boot — 0 7 6 New Zealand Paper Mills 14 0 — Union Oil _ 10 6 Wilson and Co., pre/. ... 0 19 0 — MINING— " ;' Kur.inui 0 0 4 Kuranui-Caledonian, paid 0 1 10 0 16 Kuranui-Caledonian 'rights' 0 0 3 -.— May Queen Extended ... 0 0 4 0 0 5 New Dart ... ... 0 0 4 0 0 2 New Eclipse 0 0 6 .'■' New May Queen 0 6 0 0 5 8 New Monnataiari ... ... 0 17 0 16 New Monowai 0 0 9 0 0 61 New Saxon 0 0 10i . 0 0 94 New Sylvia 0 0 6 _ Old Albumin ... ... 0 19 0 16 Victoria 0 22 0 2 0 Waiotahi 5 17 6 514 0 Auckland 0 22 0 2 1 Crown 0 5 8 0 5 6 Golden Belt, paid up ... 0 3 3 — Golden Belt, contributing 0 2 4 0 2 1 Kirikiri 0 0 5 — Komata Reefs 0 2 0 0 111 Bride, of Waihi 0 10 0 0 9^ Rising Sun 0 0 9 0 0 5" Tairua Broken Hills ... 0 3 3 0 3 1 Talisman Consolidated ... .1- 6 9 16 6 Waihi 7 16 619 0 Waihi Beach 0 13 0 12 Waihi Consolidated ... 0 2 3 0 1 10 Waihi Extended 0 6 5 0 5 9 Bunker's Hill 0 0 6 0 0 4 Hauraki Freehold 0 0 5 — Old Hauraki, eon. ... 0 0 6£ 0 0 4; Sunbeam Gold and Silver, .' . Limited ... 0 10 0 0 10 Mount Lyell Mining and Railway — 1 13 0 H. I*. Hcdlestox, Secretary. G. A. Buttle, Chairman. 12.15 p.m., December 12. 1905. CALL AND DIVIDEND LIST. Dividends. Due. Mount Lvell Mining and Railway 0 13 Dec. 15 Calls. " Due. Moanataiari Extended, Nov. 10 0 0 1 Now Kurauui G.M. Co., November 14 0 0 1 Now Vanguard, November 30 ... 0 0 2 Dec. 23