COMMERCIAL.

New Zealand Herald, Volume XLIII, Issue 13146, 7 April 1906, Page 3

COMMERCIAL.

New Zealand Herald Office, Friday evening. A moderate amount of business was trans- . acted tit the Stock Exchange to-day. ; Jti standard stocks Hikurarigi - Coals sold at 14s sd. with further inquiries at 14s 3d, no ■ sellers quoting. Taupiri Coals were disposed of at 20s 3d, with other sellers at 20s, holders demanding :20s 6d. Hamilton Gas shares sold sat 43.v whilst New Plymouths were- in'quired for at £8 2s 6d. Kauri Timbers (contributing were dealt in at lQd and more were available at the same figure, with further buyers at 3s 9d.' Bank of New Zealands were easier, being on offer at £7 16s, with buyers. at £7 13s bd.: In ; raining lines . Waiotahis 1 receded somewhat, sales being ,mado from £6 17s down to £6 15s to £6 15s 6d to £6 15s, more being on late offer at £6 15s. 6d,; with buyers at £6 15s. Talismans were alto slightly easier, business being recorded at 275, 26s' 9d, and 26s 6d, late sellers quoting. Qttiahd buyers 265. Waihis were done- at, £7 6s and £7 6s Cd, with other buyers at £7 6s, late sellers asking £7 6s 6d. Ktiraniti-Caledoniaiis changed hands at 2s 9d, with further inquiries at 2s Bd, late sellers holding for 2s 9d. New 'May Queens were dealt in at 5s and 4s 9d, and closed with sellers at 4s lid and buyers at 4s 7d. New Saxons were in improved demand, sales taking place at from B£d to lOd to 91d, "with late holders quoting lOd and buyers at 9d. New Sylvias sold at lid, late sellers ..Hid,, buyers lOd. Southern Queens changed hands at 3£d and 4d, and (here were further buyers at the first-named price, sellers quoting 4d. Omahu (paid) sold at 3s, and there were further inquiries at that price at the noon call, but neither buyers nor sellers were quoted at the afternoon call. Tairua Broken Hills were bought at 3s, with more on offer at that rate, late buyers offering 2s lOd. Waihi Souths sold at 3J,d, with more on offer at the same price, and further buyers at 3d. AUCKLAND STOCK EXCHANGE. The following are Friday's closing quotations, the. business done being Ilikurangi • Coal, 14s • sd: Taupiri Coal, 20s 3d Hamilton Gas, 43«; Kauri Timber (contributing), 3s lOd; KtiicmuiCaledonian, 2» 9d, 2s 9d; New May Queen, ss, 4s 3d ; New Saxon, Bid. 3d, 9Ail, Tod,' 9d, 9Ad ; New Sylvia, lid; Waiotahi, £6 17s, £6 16s 'od, £6 lbs 6d. £6 15a 6d. £6 15s, £6 15s 6d, £6 15s; Southern Queen, 3'd, 4d ; Omahu (paid), 3s; Tairua Broken Hills, 3s; talisman Consolidated, 27«, 26s 9d, 26s 6d. 26s 6d ; Waihi, £7 6s, £7 6s 6d : Waihi South, 3J.d. Sellers Buyers. £ 8. d. £ s. d. BANKSNew Zealand ... ... 7 16 0 7 13 0 National ... . _ 6 7 0 National " rights'' ... _ 1 JO 6 INSURANCE— New Zealand ... ... 5 18 0 5 16 0 National ... ... ... 16 0 14 9 South British 6 0 0 5 18 0 Standard ... ... ... 0 19 9 0 19 2 FINANCIAL— New Zealand and River Plate ... . 1 10 9 l 10 3 COAL— Hikurangi ... ... ... '_ 0 14 3 Nort. Coal, 10s paid ... 0 11 6 0 110 '.Norfc. Coal, Ltd., 7«bd paid - - 0 11 0 Taupiri Mines, Ltd. ...10 6 10 0 GAS— Auckland ... ... ... 15 0 0 _ Gisborne ... ... ... _ 2 3 0 New Plymouth ... - ... -_ 8 '£ 6 SHnnuNo- . Union; ... ... ... - 16 10 0 northern Steam, paid up 0 17 6 0 17 0 Northern Steam, con. .083 030 , Devonport Steam Fern - .. I 17 0 1 16 3 TIMBER- ■ Kauri, contributing- ... 0 -3 10 0 3 9 1 Mountain Rimu, Ltd. ... — 0 18 6 MISCELLANEOUS— D.S.C., Limited 0 8 1 0 7 11 N.Z. Portland Cement Co. 1 13 6 1 11 6 Northern Hoot ... .. „ 0 8 0 -New Zealand Paper Mills 13 0 12 6 Union Oil , __ 10 6 Wilson and Co,, pref. ... 10 0 — MINING— Kuranui ... ... ... 0 0 9 0 0 6 Kuranui-Caledoniat), paid 0 2 10 0 2 K : May Queen Extended ... 0 0 81 0 0 6} New Dart ... ... ... 0 0 34 0 0 3 New Eclipse ... ... 0 0 3" New May Queen ... ... 0 411 0 4 7 New Moanataiari ... ... 0 2 0 0 18 New Monowai ... ... 0 0 5 0 0 4 New Una ... ... „. 0 0 7 — -New Saxon ... ... 0 0 10 0 0 9 New Sylvia ... „. 0 0 1U 0 0 10. Old Alburnia ... .019* - '■■' 0 18 Thames ... ... ..... 011 . 0 Oil Vanguard ... ... ... 0 0 61 _ Victoria ... ... ... 0 14* 0 11 Waioiahi ... ... ... 615 6 6 15 0 Southern Queen ... 0 0 4 0 0 31 Bunker's Hill ... ... 0 0 10 0 0 7* New Fonr-in-Hand ... 0 1 1 0 0 10 llauraki Freehold ... ... 0 0 5 — : Old, Ilauraki, paid ... 0 10 — Old Hauraki, contributing 0 0 8 0 0 5 Auckland ... ... ... 0 16 0 14 Crown ... ... .... 0 7 0 0 6 6 Golden Belt, paid up ...030.029! Golden Belt, contributing' 0 2 4 0 22 Komata Reefs ~ ... 0 2 6 0 2 3 New Mara to to _ 0 0 4 Omahu, contributing ... 0 1 9 0 17 Pride of Waihi ... ... 0 0 11 0 0 9- ; Rising Sun ... ... 0 0 7 0 0 RJ | Tairua Broken Hills ... 0 3 0 0 2 10 Talisman Consolidated ... 1 6 9 16 0 Waihi ... ... ...... 7 6 0 7 5 6 Waihi Beach ...... 0 10 0 0 11 Waihi Consolidated ... 0 2 4 0 ?. 3 Waihi Extended ... ... 0 5 11 0 5 8 Waihi Grand Junction ... 3 7 6 — Waihi South ... ... 0 0 3' 0 0 3 Waimangu, Is paid ... 0 0 8i 0 0 6i Waimangu, 8d paid ... — * 00 5 AA'aihi Discovery ... 0 0 34 0 0 3 Sunbeam Gold and Silver 0 0 10i — H. P. UUDLISBTOK-, Secretary. G. A. Bottle, Chairman. 3.15 p.m., April 6, 1906. ' CALL AND DIVIDEND LIST. Dividends. £ 8 ..(3. Due. Standard Fire and Marine Insurance Co. Now Mountain llirnu Timber Co. ... 0 1 0 Now Ohineniuri Light and Power Co. 0 1 0 Now Waiotahi ... ... ... ...0 5 0 Now Calls. Due. Vanguard, February 19 ... ... 0 0 2 Now Thames, March 12 0 0 1 Now Waihi Extended. March 14 ... 0 0 2 April 9 Moanataiari Extended, April' 5 ,0 0 1 April 26 FRUIT AND PRODUCE MARKETS. Business in the , local fruit and produce markets during the past week has been again .fairly busy. Supplies of many lines were under requirements, more particularly in potatoes. Fair quantities came to hand from Waikato and other' local districts, which were generally of fair, average quality. Only small quantities were received from the South, and a few from Sydney. In onions, all stocks left over from last' week have been practically cleared, and the market is now bare, with many inquiries, There was no change in vegetables. In dairy produce only very email quantities of farmers' butter were sent in to the auction sales, and generally real. ised factory rates. Fresh eggs were, again 'scarce, but there was an increase in pickled lots, and all met with a brisk demand. Cheese, bacon, and hams were in average supply, without? alteration in values. Poultry was 'in very heavy supply, and prices ruled low. The bulk" of consignments consisted of poor birds. There was practically no demand for young pigs, and prices were extremely low. In fruit there was a marked falling' off in local supplies, and there was a scarcity of anything in the- shape of choice varieties, with the exception of grapes. Late varieties of the. latter have been grown this season in very large quantities, and supplies are greatly in excess of any previous season at (his time, of the year. There was a shorter supply of outdoor varieties, and prices consequently firmed Lemons were difficult to quit, owing to the cold weather prevailing. The majority of the pears sent in.; were only of medium and poor clans'. During the past three weeks small quantities have come, from Melbourne. \ The Navua landed a moderate cargo of bananas from Fiji on Tuesday ! in good condition, and, the market, being bare, high prices were realised. The following were the ruling prices at the auction sales to-day:— ' Field Produce.—: Local, £10 to £10 10s ton; Southern, £10. Kumarus: Local, ljd to 1W lb. Onions: Local, £6 ton. ■ Dairy Produce.— Dairy and separator butter, special", 10-Jd to "Is lb; ordinary, 9d to lOd ; pastry. 9d to lOd; farmers' keg. firs Us 7d, seconds 6d; milled, in bulk for export, lOAd; factory rolls, lid. Eggs: Fresh, Is 6d t0.15.7d dozen; pickled, lid to Is. Cheese: Farmers'. 5d lb: factory. fp.d to 6d: loaf, 6id. Bacon,. 5d to bid. Hams, bd to 7.'d. . ■.-■'. '. . ■ Fruit.—Apples: Local, dessert, superior, f:« to 6s; good, 3s to 4s 6d; medium, 2s to 3s; cooking, selected 3s 6d to 4s 6d. medium 2s to Js (all quotations per full bushel case); prices for boxes of all varieties, Is to 1* 6d. Pears: Special, 8s to 9s case; medium, 5s to 6s; poor, 2s 5d to 3s Oil. Grapes: Indoor, 0d to Is lJ.d lb; outdoor. Id to Gd.. Tomatoes, Is to 2s 6d bo.v. Oranges: Island, 3s to 5s ease. Mandarins: Island. As 'to 6s. Lemons: Local, prime, 4-» to ss; rough and coarse, 2s 6d to 3a. Cape gooseberries, 3'd to 4d lb. Quinces, 2a 6d to 3s ease. ■•', Passion-fruit: Local, 2s-6(1 to 4s box. Walnuts. 4d to Old lb: peanutvs, 2d; bananas, bunch 2s to ss, repacked fed lb. .... . . ..' ..;,. Poultry.— 9d (o Is 6d each; table roosters, heavy 2« 6d to 3s 6d, light 9d lo Is 3d: ducks, Ist to Is 0(1; geese, 2,s to 2s 9d : chicks, 6d to Is; turkeys, gobblers (heavy) 10s to 14s, (light) 4s to 75," hens 2s to 7s. Miscellaneous.—-Young pigs, 2s to 5s each. ; : . TE KUITI STOCK SALE. ' The New Zealand Loan and Mercantile Agency Company, Limited, 'report:—On' Wednesday last at, To Kit ill we. yarded over 900 head of well-bred cattle, a number of them fresh-conditioned three to three and a-half year-old steers. , At the commencement of the sale the bidding was inclined to be languid, but improved as the sale proceeded,: and eventually nearly 600. head were sold at auction or afterwards "nt - prices hardly;- equal to Ohaupo rates. Fresh-conditioned;; three to three and'a-ha'.f• and four-year-old steers realised from £5:2e 6d to £5 10s; well-bred two to two

and ■'■ a-half-vear-old steers, £4 to £4 to; mixed' lines of 18 months ,to. two-year-old steers, £2 10s to £3 78 63 ;;mixed yearlings, £1 7a to £1 18s; yearling to 15 months steers," £1 15a to £2 7s: strong calves, 19-3 to £1 0s : quiet yearling to 18 -months heifers. £1 14s to fi2-.25.6d; freshconditioned cows. £2 10s to ™£3 15s; fat cows, £4 to £4 15s; store cows,-£1 10* to £2 -.bulls. £1 10s to"£2 IBs; quiet, dairy heifers, in calf, £2 12* 6d to £3. * ■ ':.' ' SHEEP SALES. [f'.V TELEGRAPH.—PRESS ASSOCIATION.].. ''■'''• '"' ISTEIICAKGII.iI, Friday, About 700 rams came forward for tin- annual sale to-day. There was a; good demand for wellbred Border Leicester*, and Romneys. Stud Leicester* brought from 20 guineas to 5 guineas; flock Leicester*, 51 guineas to 3£ guineas. Flock Romueys made up to 51 guineas. A number of buyers were unable to lill requirements. '.'• ' ; ; '.' '■'■' ''' LONDON. ' .'. '. -\. :.;: By Telegraph.— Association.—Copy) , ... . LON"oo>:, April 5. The hank rate of discount has been lowered to 3i per cent. ; .Wheat.; The American -.'visible supply is 66,591,000 quarters. (Received April 6, 10.21 p.m.) LONDON, April 6. BANK OF ENGLAND RETURNS. The Bank of England returns for the week are as follows:—Coin, £35,407,000; reserve, £28,447,000; proportion of reserve to liabilities, 45.28; in circulation, £25,179.000; public deposits, £15.586,000; other deposits, £42,750,000: Government securities, £16,113,000; other securities, £33,554,000. ■ MONEY. MARKET. f'"•'.■Three months' hills are discounted at 2| per cent. CONSOLS-AND COLONIAL STOCKS. ' ■ Consols, 90S. •; South Australian 3i per cents., 102. Queensland 3 per cent*.. 88. * New Zealand 4 per cents., 108. .■■:■.'■ ' West Australian 34 per cents.. 99; 3 per cent*; 88 Other stocks unchanged. : .\ WHEAT. The. wheat market is firmer and oaigoes are hardening. South Australian December shipment is offered at, 325; January and February shipments. 31s; Victoria and New South Wales March and April shipments,' 30s 9d. Flour has an upward tendency. * ' FREIGHTS. Nothing is doing in freights. BUTTER. , '•- The butter market is dull. Danish, 109s to Ills colonial, unchanged, except ununited, which, owing to larger supplies, lias declined and is selling at. 102s to 106s. The quality of the bulk of colonial butter is unsatisfactory. CHEESE. Cheese is firm. New Zealand, white, 62s to 635; coloured, 65s to 665. METALS. Tin: Spot, 1731; three months, 168,. Lead. 15'. ■ Silver, 2s .'Sid;.per., ounce. Iron, 43-- 6d. :'-.;•'■;' Spelter, 254. • ; SUGAR, German, 8s 6d; first marks, 10s 6d. WOOL. The Bradford wool market is exceedingly firm, with little business. Forty-sixes, 19^d; others unchanged. :..,..