COMMERCIAL.

New Zealand Herald, Volume XLII, Issue 13050, 15 December 1905, Page 3

COMMERCIAL.

m«.'.''" ;^; ■ '.'.--■■.'■..' ■ -;-'':' : :-■!■■■■■■ '■■■■:■'--.■:■'■■. ■'■■ ■;':■:, «■'■■■"■■ -i - v : '■'.-■^"■-■■-■• , .•■■:-:.---■'.■"- ;■'■■' ; " : -": '■ '\^.'','■;;'•■■'-■"•■.:■■■■■'■'■.''■■■-;•,:■.•.•.•■'■.;! New Zealand Hekald Office, • i , • Thursday cvonJ -g. , There has been, mother busy week on the j 1 $ | Stock Exchange. •: For leading investment . * ' stocks there arc a fair,, number of buyers. j In banks New Zealands sold at £7 4s 6d . and £7 6j, closing with buyers at £7 6s, and •■ > * no'declared sellers. Nationals are offered at £6, with buyers, at £5 15s. In insurances New Zealands are offered at- £5 14s. Sellers of South British ask £5 10s. There are buyers of Nationals at £1.38: 9d..;.Standards sold at 18s 6d and 18s 4d, closing with • buyers at 18s and sellers at 18s Bd. :In coals Taiipiris : sold >at 18s 6d. No business reported in gas stock. In shipping Northern Steam, paid : up. sold at. 16s 9d,. and more arc offered at 17s. Contributing' sold .at Ss'?d, and there are sellers at 8s 4d, and ■■ }'.->Tors at Ss 2d. ' Devonport Steam Ferrys sold at £1 16s 9d, and more, are wanted at £1 16s 3d, with sellers at £1 lbs 9d. ; In timber Kauri Company, contributing, sold at 4s Id, 4s, 3s lid cum div. announced, and more are offered at 4s, buyers offering 3s 9d. LevlaiidO'Brien are wanted at £2 3s, with ' I sellers n't £2 4s. There are sellers of Mitchelsons at Bs. and buyers of Parker-Lamb at £1 4s 6d. New Zealand Portland Cement sold at ( £1 10s, and there are sellers at £1 v* 10s 6d and buyers at £1 9s 6d. .A large business has been done in mining . slock. Waiotahis sold freely from £5 15s to £5 8s to £6 to' £5 12s to £5 18s to £5 17s 6d, closing with; "sellers" ■ «it £5,-17s 6d, -- and buyers at £5 14s. Victorias sold at " from 2s 4d to 2s Id to ~ 2s 2d; New Moanatuiaris at Is 6d and Is 7d : 1 - Kurauui-Caledonian from Is lOd to Is 7d to Is M; Saxons, at 10id. lOd, and 10;U1; New May Queens, freely, from . 5s Sd to 6s, to Ss 8d ■to 6s to 5s 6d. ' In Upper Thames stock Waihis sold at £6 19s and £7: Waihi Extended from 5s 6d to 6s 3d to 5s lid; Waihi ■Beach at is 4d, is 2d.- and Is Id; Waihi Consolidated, at 2s; Komata Reefs, at Is lid and '2s; Crowns, from 5s 4d to 6s .'- to 5s Bd. Talismans sold freely from £1 • 10s to £1 5s to £1 7s to £1 4s 6d "to £1 5s 3d to £1 4s 9d, closing with sellers at £15s, and buyers at £1 4s 9d. Aucklaiuls • sold at 2s Id, 2s 2d, and 2s 4d; Golden Belt, paid up,at 3s-3d,«35:4d, and : 3s, contributing at 2s 3d, 2s Sd, and 2s 2d. Tairua Broken Hills ■ sold freely from 3s Id to 3s lOd to 3s ■to 3s 4d. Bunker's Hills sold at sd; Old Hau- ;-'' raki, contributing, at 7d; Sunbeams, at: lOd. ,■_ : ; The fall in maize has come as a surprise : to some :of the shippers in the Bay of ■ Plenty, and as they reckon that with very V -" email stocks remaining at all the producing ; . centres the price must harden :up again, '■■ eorae of the consignments : are hung up on ;'-'reserve. • -'•'■'- >' ■ : ■■-. American potatoes by the mail steamer ; came to, a good market, as new local pota- * toes have : not been in'sufficient supply yet • for the price to fall. Heavy sales were made, and practically, the whole shipment was placet 1 from ship's side. '.-.• Onions are in full supply, and market is I

weak.; ...... ;-.vt ■■'• The- wheat market _is very firm, and an advance- ■is . expected in milling- qualities. '-Stocks of t-ago and tapioca arc very light -.-'■. until arrival of the Aparima, : duo about the middle of January. Imports liavo been on a small scale, on account of the high price. From : pore we are advised that: "Sup- _ plies of all kinds continue on a very limited scale, and although prices - t are a little •easier we consider- the present , a fair ' level in view of the quantity offering. The ■■.■■■■. •.■.. Home trade are only .buying just : sufficient for requirements, but ■ planters and those interested in -keeping up prices should not ■i find the position difficult for soma time; to come. Black pepper*: The large quantity ! taken by America this year has apparently j filled up that market for the present, while from Europe the demand is very slow, and although supplies are small as usual at this Eta-son, the market has '.'gradually given way, and looks like going even loner. ' Any re- • covery in the demand, however, would very quickly be felt here. White.pepper : Under the influence of heavy arrivals from Sarawak, the ; market for this article .is also depressed. If supplies should be kept back : at all, which is not unlikely at present values, it would lead to a quick recovery. There is no Ehio quality offering, and the Penang - kind is hardly'any cheaper than Singapore at the moment." In other spices we.understand from, Singapore that mace is ■■■•;:■■■■' in. rather better demand for India, and prices are likely to be maintained. A fair business has taken place in new cloves. Supplies, from Amboina are expected to exceed last year's quantity, and pries may be lower.. Nutmeg* are neglected, and price is very low. _ i; ; ..* The fruit by the mail steamer and the "Navua all came to a good marker, and .heavy sales were made for immediate de- , nary. American oranges and other fresh ;, fruits,were mostly landed-ill beautiful condhion. In dried fruits heavy; business has iiSSheen done, i; All Californiah varieties - are firm, and wo are informed from San Francisco that whereas for years past the Eastern stocks have been able to supply Europe, : -this year that market has had to draw on California, and it is expected that this will cause a further advance, as stocks are light for this time of the year.'- Canned fruits arc ' also in heavy demand, American fruits and. Singapore, pineapples meeting a brisk sale at this time of the year. Supplies of the latter are rather short ; until arrival of the

'"•■;" Aparima. - *.. ..;." ' •'■ ■■'■■;•. ;!■ A few sales of kerosene have been made ; for delivery from the Star of Ireland at ' lower rates.. -Wool":-A London correspondent states: ': '"Reports from "the. manufacturing districts indicate that machinery is well employed, and the values of both merino* and crossbreeds are well maintained; 4 this is especi- '-." ' ally the case for parcels that are available . for immediate use, but , the more distant •• position of the market is decidedly weaker. y j A distinct effort is being made to bear the . ' ■ market- by-selling 40's tops .for later deliv- ' ery,. at a price much below current values. Whctbci This effort to reduce prices will be ft , successful. or not remains to be seen, but for the tima beinjj it has caused a quietness in the market, and a general desire to confine 'operations strictly to immediate re- ■ quirements. A general; feeling seems to ": prevail that prices are high 'enough, and it • is expected that some setback will, occur when supplies are upon a more liberal scale. p|S>i*;'Tlie total gross arrivals for the forthcoming, auctions now amount to. 51,826 bales, of which about 3400 bales comprise New Zealand descriptions." Since this was written • . -, w& have received cabled intimation that the London %vool spies referred to concluded with a. strong market, and with supplies insufficient to meet requirements. The prospects ; are. favourable.- \ A Londor agent reports as follows:—Butter : Owing to an apparent shortage on the Continent, Danish and French shippers have ','•. , been * unable to fully maintain their sup- '•''* * plies, -and have, beon obliged to revert to i the basis of price which was operating be-' ;■ f*to % the. last '~ reduction took place. ■I; :■■_:;• Colonial ■-■•.■; butter- :■.. is moving rather j| ; inoro ' freely .' at "the lower prices '' which have ' been ■'.', current 'since the Y'' ■ middle of last week. -No new season's but-; i ter is yet to hand from Now Zealand, but s;:.'■.'.'•: a" good trade ' is,"anticipated for the small . " shipments due by the Turakina on the 13th imt. . .Cheese: The market on the spot is V.-/-4 •"=:.■ very' firm, owing to the high prices which are reported to have been realised on Canadian markets during the past week for coloured chceso: but sellers on this side [ ■ find great difficulty in doing business at tin . advanced, prices. •" ■-.. ■ New* cheese is now arriving on the local market, and prices arc easier for the new make. (lid cheese ' still commands full .... ', prices, and small sixes are rather scarce.■;'.•

MESSRS. ALFRED BUCKLAND AND SONS'.. ;,--'> , REPORT. ' Horses': We had an exceptionally large yavding ! ■ • : at.the! Havmarket on Friday last. Aged draughts p reaped from £12 10s to £30: medium do., £21 | C i. £-3: buggv horses ■ and Rood hacks, £15 i '(.:> ■ A &": light harness and ordinary hacks, £6 j ''* '. £1? gig ponies,. from £2 J.?a to £9: sulky, 1 >.''', art, ,&S;'small dray, £5. - - ■ /,.-.•». .".-ivMS, Tallow, etc.. Hides-- Ox. 4Jd to ! ..:■:■ id. T.-r, <3Jd to 5Jd; kips','<*« to 4jd ; calf, ojd j to <>iJ; damaged, 2d 1-3 44d ; tails. Is 6d dozen; .'it* '.iajr, Is lid to Is. 2d; bones, ss; tallow, 20s to i3s 6d. Skins Large, 7s to 9s 3d; medium, : •- 4s 9d to 6s 6d; small, 2s Id to 4-,; r<:lts, 2s 3d ..■:-.' to 2s 4d; lambs", 2s 4d to 2s 9a: damaged, If. to 2s. . Grain, etc.: Maize, in full supply, dropped .to ■.£■•-?.*'■' 3s 6d ex wharf, though a large quantity stored :.'.' for higher price. Oats at late rates. Chaff plentiful, except . very- prime, which is scarce: prices from £5 to £5 10s ex store; inferior, £2 to £4. Bran.- easier, £4 ss. Sharps, £5 10s. On Wednesday we had a full yarding of cattle .; - »t, Helcnsville. , Competition was none too keen, ; consequently prices were a shade lower. Dairy , cows, £3 15a to £5 ss; fat cows and 'ieifers, £4 10s to £6 10s; dr* cows. £2 6s to £3; good strong "calves, £1 4s to £1 10s; others, lis to £1 Is. Small pigs, 9s to lis. A quantity 0f... timber brought satisfactory figures. ' n • At Remaera on Thursday stock of all c!a,sts ■were well represented, and sold at recent vfi.-s. Cows, near their prolil, sold to £7 10s; dry, rj £3 15s. Fat and voting calves, in trial nun~.lvr ; j , : small, to 7s: medium, to ';>; ■ lie'ny,: to 30s; il ' *old. The beef pens-were well i.;:sd with est ; e of, nice.' quality, which met vr-,.M .i steady sa.e •. at recent quotations, e« beef filing to 21s -.tui . 3001b. cow -to 19s. -Steers ranged in price from j £6 to £10; cows.-i.'4 30s .'to £7: 293 yarded, i Sheep and lambs plentiful, -best withers selling , to 20s. lighter weight* if J'.'s, h'tavy ewes to j . ■■■-, 'Ms. atti-.tr- tc Ids. lambs, .iitr.i heavy 16s to 19s . ::-:*&, medium to 14s. small 6l- 6d to 9s; 063 sold, j Wge, penned in usual numbers, small selling to | ,10a 6d, porkers ;o 355, baconers to £2 6«: 111. soldi

r AUCKLAND STOCK EXCHANGE. 2 The following I are ■'.' Thursday's closing i prices, the business done being:_Tttupiri Coal Mines, 18a 6d; Northern Steamship , (contributing), 8s 2d; Devonport Steam' Ferry; "36s 9d; Waihi, £7; Waiotahi, £5 ; 18s,. £5.173 6d, ; £5 17s 6d; Talisman. 25s !Bd,:.:<ss 6d, ! 255, 255,; 24* 6d, 2.55," 3d, ?As 9d; New T»ait, 3d; Hew May Queen, 6«'4d, 's 2d, 4d, SiiSd, 5s 6d; .Victoria',' 2s 24'.Auckland, 2s 3d,. '& 4d, 2s 3d. 2s 4d. 2b 3d, £s : 4d: orown, 53 Bd, us 9d, 5s 8d; Golden Belt id up), 2s lid, 3s; ; Golden Belt (contributing). 2a 3d; Komata Beefs. 2a, 2s; Tairua Broken ,Hills, o* 3d, 3s 4d; Wiiilii Beach, Is 2d, Is Id; Waihi Extended, 6s Id, 6s, 5s lid.: - '■

i ' CALL AND DIVIDEND LIST. " ?-' |r Dividends • Due. I Mount Lyel) Mining and Railway 0 13 Dec. 15 .' Calls. '':■-.--:* - " . ■■>■'■■■■: -Due.-.". Moanataiari Extended, Nov. ?10'0 •0 ; 1 Now . Kuranui G.M. Co., November 14 0 0 1 : Now Vanguard. November 30 •■ ... - 0 0 2 Dee. 25 Waihi Consols, December 14 ... 0 0 0£ Jan. 15 New Four-in-Hatid, December 11 0 0 1- Jan. 4 MESSRS. G. W. EINNEY AND SONS' REPORT. --,' On Tuesday we cleared a large catalogue of hides, sheepskins, tallow, etc., under brisk competition. '.'■ .' ■. -",'-" - : »- ■'•'..' Hides: Market firm for . all good lots: seconds; easier. ''> We quote : No prime ox offered ; extra stout, 7Jd to Bj.d: stout, 6|d to 7d ; medium, 5Jd to 6|d; light, od to cow, picked, dry salted, up to 6jd; befit- lines, wet salted, to 5Jd ; good, sd~ to ( s)d: seconds, "4-id to 4Jd; kips, 4idto sd: calf, well flayed,. 54d to 6d ; cut 2jd to 3id; stags', 3Jd to 3Jd; damaged hides, 2UI to 4d per lb. - " -'..'-•- ' - Sheepskins:' Butchers', large, green and salted, 7s 6d to 9s 6d ; : medium, 6s 6d to 7b ; small, 4e 6d to. 6s 6d; lambs', 2s 3d to 3s 3d; shearlings, 2s 4d :to 2s 6d: country, dry, good, 5s 6d to 7s; medium, 4s to 4s 6d; small, la 6d to 2s. Tallow : Market brisk; best mixed, up to 245; medium, 21s to 22s 6d; seconds, 18s to 19s per cwt.-, 1 , ■:■'. .v,f,-*, •>-.*■■; <;.( >%■'.;:■;■ !-ph£-Pj. Rough fat, lid to lid per lb. Bones: Best dry, £4 15s per ton. v ; ■■•/,.-■■. -. Cowlails, .'ls 6d per dozen. Hair: Horse tail. Is 4d; mane, 9d to lOd per lb.. y-- ■-. i --v-- ;- : ->*".--V '3-' '- '-"^; v; HIDES AND TALLOW. " , By Telegraph—Press Association.— Copyright. (Received December 15, 1.7 a.m.)' . Melbourne, December 14. Hides: The market is very firm. , Good sorts are id dearer.-- - Tallow: Unaltered. '-..- , . t , ..'. \, ', Sydney wool SALES. ; ." By Telegraph Press Association.—Copyright. . (Received December 15, 1.7 a.m.) ' ;■ - Svdxey, December 14. The week's wool sales have closed with prices firm and with air appreciable change. Greasy touched 13Jd and scoured 24d.': • ■\-y '' ■ ; '".'; LONDON. ■ v By Telegraph.—Press Association.—Copyright. ■ ; London, December 14. : Copper: Spot, £73 10s; three months, £79. ~ eluding 6581 tons Australian exports, 5145 tons. eluding 6581 tons Australian; imports, 5145 tons. -.-, At the tallow sales 884 casks were offered and 325 casks sold. Mutton, line 333, medium 27b. Beef, fine 29s 6d, medium 275. : - !

! ' . "■'■.■" Sellers, Buyer*.- ' D1W » £ 8. d. £ 8. d. j BANKS— ■•New Zealand v ... „..-—' ..7 6 0 !> ;National ... ... .,600 0 15 0' INSURANCE— ■ '. -" '.'•New Zealand ... - ... ■ ft 14' C • - - — ■ ' National ...., ... ... _ 13 9 . South British ! ... ... 5 10 0 — Standard ... ... ' ... 0 18 8 0 18.0: FINANCIAL— r „" ." \ " •- - •, " ; > : N.Z. and River Plate ... 1 '9: 3 13 3 COAL- ; ' Hikurangi ...,...' ... — 0 14 3 Nort. Coal, Ltd.. 10* paid 0 12 0 0 11 6 GAS— ■• ; . ; ; . , . Auckland ... 14 10 0 ' ■ — ,' I'alnierston North... ■:'...-■■»«' — 50 0 , , New Plymouth ... '... — 7 15 0 SHIPPING— "J; • - , - i-jj Northern Steam, paid up 0 17 0 .-■ — Northern oleum, : con. ... . 0. !i 4; 0 8 2 ;■;. Devonport Steam Ferry ... 1 16 9 1 16 3 TIMBER— - ' t Kami, contributing ...040; 0 3. 9 Leyland-O'Biien, Ltd. ... 2 4 0 2 3 0 -.-Mitehelson Co ... ...0 8 0 0 7.6 Parker-Lamb, Ltd. : ...17 b : 14 6 j MISCELLANEOUS— . Auckland Tramways Co. 11 5 0" 11 0 0 I D.S.C., Limited ...... 0 8 4 ■ .' 0-3 0 Milne and Clioyce, prcf. 13 0, 116 ; New Zealand Drug, £2 ... 2 6 6 ,'-.■: — ■ N.Z. Portland Cement Co. 1 10 6 19 6 Northern Boot ... ... — 0-7 6 New Zealand Paper Mills 14 0 — : Torison Garlick, Ltd. ... 0 13 0 —' ; Union Oil ,-.. ... ' -;_',," 1 0 6. Wilson and Co., pref. ... 0 19 0 . — MINING- _■ - ':';;'.' . Kurnuui-f'aledoniaii, paid 0 2 1 0 18. . Kuiauui-Calcdonian'rights' 0 0 3. — May Queen Extended ... 0 0 4 0 0 3 New Dart ... ... 0 0 3 0 0 2 New Eclipse .... ... 0 0 6 — New May Queen ... ... 0 5 8 0 5 6 New Moanataiari ... ... 0 17 ;• 0 15 New Monowai - 0 0 9 0 0 6 : New i-Saxon ■ l-;'. ... ..." 0-10-10£ V 0 0 9 New Svlvia -'"--...v: ... 0 0 5 0 0 3 Old , Alburuia ... ... 0 19 _'■ : Victoria . ... .... ... 0 2- 3 0 2 1 Waiotahi ...... ... 5 17 6 5 14 0 Auckland ... ... .024 023 Crown ......... 0.5 11 0 5 6 Golden Belt, paid up ... 0 3 2 0 3 0 Golden Belt, contributing 0 24 0 2-3 Kirikiri ... .. ...■ 0 0 5 — Komata Reefs ,... ... 0 2 0 0 1 11 Pride of Waihi .. ... — 0 0 9 Rising Sun ... ,.... 0 0 9 0 0 5 Tairua Broken Hills ... 0 3 5 > 0 3 3 Talisman Consolidated ... 15 0 14 9 Waihi ... :•■■'■■, ... •'-,... .... 7 0 0 619,0 Waihi Beach ... ... 0 12 0 10 Waihi Consolidated ... 0 2 3 0 1 10 Waihi Extended ... ... 0 6 0 0 5 9 Waihi Grand Junction ... — 3 13 6 .Bunker's Hill ... ... 0 0 7 0 0 44 New Four-in-Hand, con. — .-0 0 6 Hauraki Freehold... ... 0 0 5 — Old Hauraki, paid up ... — ■ ■■--■• 0 0 6 Old Hauraki, con. ... 0 0 9 0 0 6 Sunbeam Gold and Silver, Limited ... ... ... 0 0 11 0 0 10 Mount Lyell Mining and Railway ... ... ... 1 18 0 • 1 14 6 * H. P. Httdleston-, Secretary. . ,;; G. A. Buttlb, Chairman. :,; ' 3.15 p.m., December 14,, 1905. ,