COMMERCIAL.

New Zealand Herald, Volume XLIII, Issue 13306, 12 October 1906, Page 3

COMMERCIAL.

.• / New Zealand Herald Office, \l ■ Thursday evening. O.Hff a moderate amount of business lias beta transacted on tho Auckland Stock Ex- '■■■ . ohfige. during . the past week. In banks sclera of New Zealands quoto £8 15s, with hirers at ... £8 13s. Nationals sold atfc£s 8s and £5 8s fxl, and more are wanted atj£s Bs, no declared sellers; New issue Mtionals changed hands at £5' 7s 6d, ana npre could bo placed at £5 Bs, sellers holdiib for £5 9s. In insurances New Zcaluds have been dealt in at £3 19s, and more ate asked for at £3 19s, sellers £4. New iiuo shares sold at- £3 16s, and more could to disposed of at the Same figure, sellers iking £3 16s 6d. Nationals had sales at Iking £3 and 24s 3d, and there is further s 3d. 245. and 24s 3d, and there is further tomancl at 245, sellers quoting 24s 6d. Jollcrs of South British ask £5 16s (cum div.). Standards sold- at 20s 3d, and more are on Lifer at 20s 6d, with buyers at 20s. New Zealand and River Plates have been dealt in at 30s, and there are sellers at 30s 6d, buyers I offering 29s 6d. In coals Northerns (10s paid) are offered at 15s 6d, with buyers at 14s 9d. ; Taupiris have sold at 21s, and J more can be obtained at 21s, buyers I quoting 20s 3d. Wcstports have firm buyers j at £7 2s 6d, with no declared sellers. In ! gas no transactions have been reported. ! Sellers of Auckland ask £15, and buyers aio '< at £14 13s. There are buyers of Thames at I 38s. In shipping there has .been j no material change in quotations. Sellers of Northerns (paid up) quote 17s 6d, and buyers offer lbs lOd, while, for contributing shares there is demand at Bs, with sellers asking 8s 2d. In timbers Kauri (contributing) haw sold at 4s lOd and 4s lid; late sellers ss, buyers 4s lOd. Ditto, paid up, sold at. 17s, with further sellers at 17s 3d, and buyers at 16s 6d. Mountain Rimus are inquired for at 19s 6d. Auckland Electric Tramways are available at £11 12.f 6(1. D.S.C.'s have been placed at 7s Bd, and more can bo had at Bs, buyers 7s lOd. Wellington Woollens are offered at £3 15s. There are buyers of Milne and Choyce (preference) at 21s" 6d, and sellers at 22s 6cl, while for ordinary sellers ask 21s, no declared buyers. N.Z. Portland Cements have inquiry at 35s 9d, sellers holding for 36s 6d. Northern Boots are wanted at 10s. In mining Waiotahis sold at 32s 9d and 32s (cum div.), and 31s 3d and 31s 6d (ex div.), and there are further sellers at the latter price, with buyers at 31s 3d. Kuranui-Caledonians sold at 2s, 2s Id, and 2s; New May Queens from 3s 3d to 3s 4d to 3s 3d to 3s. 5d to 3s 4d; New Moanataiaris at Is 4d ; New Saxons at lOd and 9^d; Waitangis (contributing) at Is Id; and Thames at Is. In Upper Thames Waihi* changed hands from £9 2s 6d to £8 17s 6d to £9 3s to £9 Is 6d. closing with sellers at. £9 3s 6d and buyers at £9 Is. Talismans have been dealt in from 31s 3d to 31s to 32s to "31s 6d to 31s 6d, and more are wanted at 31s 3d. sellers demanding 31s • 6d. Waihi Grand Junctions are offered .'at £3, no declared buyers. Champions (paid up) sold from 2s 4d to 2s 3d to 2s 4d to 2s;2d, and contributing .from Is 5d to Is 7d to Is 2d. Crowns sold at ss, Komata Reefs at 2s 5d and 2s 4d. Omalni at 2d, Waihi Beach from Is 2d to 9id. Waihi .Extended at' 4s Bd. Local distributing trade still keeps good, both for town and country. The arrival of the Suffolk and Star of New Zealand from Liverpool, the JPakeha from London, the Breiz Izel from West Australia, the Atua from Sydney, Fiji, Samoa, and Tonga makes plenty of work on the wharves. . The latter had on board 2000 cases of oranges and 2000 cases of bananas, both arriving to a good market. The bananas are in excellent condition, but unfortunately the same cannot be said of the oranges, many of which are over-ripe and not marketable. The Pakeha brings the first of the new season's catch of fresh herrings, herrings in tomato sauce, and kippered herrings. :.-.-■ v Seeded raisins have considerably advanced in price since our last.' - American canned fruits and salmon remain steady, but an upward move in both these might, be experienced at any moment. Metals : Prices remain firm for most lines at last advances; there is no immediate prosi pect of any drop. Importers are experiencing great •. difficulty in getting their orders executed, on account of the enormous demand in Great Britain for shipbuilding pur- . poses. W[ : \ ' ; •." ■ _t »ifc- : ?"-' ;■*.--'vi._- :jf -j ;,^-^' Fencing Wire: English wire has again ad- ' vanced in price; a further rise of 5s per ton has been advised,, ; Tin: Advices to hand show a further rise on ingot tin. ' •-/.,'- Linseed Oil: A rise of Id per gallon has been notified. White Lead: In sympathy with the improvement in the price of pig-lead, white lead has advanced another 20s per ton. Timber: There is no change to report in kauri timber. All the "mills are kept busy, working full time, there being sufficient orders on hand to use up all the available logs, but no further movement in prices. The demand from Australia continue"!. White pine is also in good demand, all the mills lx>ing kept going ," at full time. Totara: There is a plentiful supply, the demand being quite equal to it. . Potatoes: The arrivals ex Wanaka total 586 sacks; as most./Of these are seed, they •'..■; will be disposed of readily, as the demand is good. There is also a strong inquiry for Up-to-Date seed, and American Burbanks are still selling freely. Most of the farmers are planting late this year, in the hope of escaping the blight. Onions: There is no change in price. A fair demand has set in from the South for Californian, which are not keeping too well. Maize: No fresh supplies to hand since our last report. The market is not overstocked, and has now recovered from the slight, fall early in the week. All the soft and indifferent quality parcels have been disposed of. There is a good inquiry for Horsetooth seed maize, of which there is very little offering. . Fowl wheat is slightly firmer, and a fairly good demand exists, with stocks on the light side. Oats: The local market is unchanged. The Wanaka has arrived from the South with 4962 sacks, which came to a rather bare market. Oamaru Gartons are very good, and a strong demand exists for this special grade. Our latest advices from South notify that there has been a very good inquiry, and a fair amount of business has been done. In « addition to the 10,000 sacks shipped from the Bluff to London, there has been another inquiry for a considerable quantity for the same market, but so far nothing definite has been fixed. Milling Wheat: The same advices report that the rejection of the reciprocal tariff with Australia may tend to bring business about, as millers will soon require to replenish their stocks, which have been allowed to run down. Fungus: There is not much coming forward, the demand being quite equal to the supply, with no change in price. Flax: There is no further move on the market. All arrivals are sold as they come to hand, at last rates. Tow is slightly easier, but there is no difficulty in disposing of any lines that, reach this market. . Kauri Gum: The arrivals for 11 days of October total 230 tons. The market continues steady for most classes. There is a scarcity of good rescraped ordinary, for which "there is a continued demand. East Coast is in slightly better request, but the high prices demanded tend to cramp business. Block gum is moving off well, without any appreciable alteration in values. Bush gam is not wanted. Black chips and dust. sell freely, but at a slightly reduced price. Ordinary chips and dust are not salable. Indian Tea : Our reports from Calcutta inform us that a better selection from tne Dooars will he offered at the next sale, and it is expected that the quality will show some improvement. At last sale demand was keen for all descriptions, buyers being forced to pay a considerable advance on last quotations, and teas from all districts with any pretence to quality were eagerly competed for. The Persian buyers are in the market for green tea, which, however, must be of high quality in the cup to suit them. They have recently bought up such teas at prices rather Mow last year's for same ;iuality, as the Russian"buyers, who formerly competed, have imposed a new requirement in point of colour of the leaf, which thev now want of a dull sage green, corresponding to the hue of China Moyures. Tim is a verv difficult thing to secure in steammade teas of the Japan type, which, for economy's sake, is the only variety which Indian producers can at present produce. , Ceylon Tea: At last sale demand was jood" for all kinds, and price* were steady. The quality of finest high-growns has been very indifferent for some time past, but from now on the quality should improve, and we expect to see some fine flavoury upcountry teas offered at. the next and future sales. FROZEN. MEAT. ( . if ' ' [BY TEI,KGBAI*H.~ITIKSB 'ASSOCIATION.] ' ~" ■ ; Kapikb, Thursday. P ■•_' The Colonial Consignment; and Distributing Com- . Piny, London, to-day cabled the following report. "Frozen meat: Canterbury mutton, 3jd; papier , ~ ind Wellington, 3M. Lamb: First quality, W. second quality, 4£d. Beef: Hindquarters, 3#a. iom, 2Jd. ■:■■,.- *

AUCKLAND STOCK EXCHANGE. The following are Thursday's doting prices, the business done being New Zealand Insurance, £3 19s; National Insurance, 245, 24s 3d; Standard Insurance, 20s 3d; Kauri Timber (paid up), < 17a; Waihi,' £9 2a 6d, £9 3s, £9 Is 6d; Talisman Consolidated, 31s 3d, 31s 6d; Waiotahi (ex div. of Is 3d). 31s 3d, 31s 6d; May Queen Extended, Is: New Dart, bid; New May Queen, 3a sd, 3s 4d ; Thames, Is; Waihi Beach, 9Jd.

CALL AND DIVIDEND LIST. Dividend* South British Insurance Co. ... 0 3 0 Now Waiotahi ... 0 13 Now Talisman Consolidated ... ..010 Oct. 15 Direct Supply Co. 8 p.c Oct. 15 Call*. Golden Belt. September 17 ... 0 0 1 Oct. 17 Waitangi, October 9 0 0 1J Oct, 22 Waihi Beach, September 27 0 0 1 Oct. 26 MESSRS. ALFRED BUCKLAND AND SONS' REPORT. Horses: At the Haymarkot on Friday last wo again had a full entry in all classes. A large attendance of buyers and prices similar to last week. Medium draughts or heavy express horses, £25 to £38: lighter and aged, £14 to £22; buggy and good trap horses, £13 to £20: a verv nice four-year-old black carriage gelding. £38; "ordinary riding and gig sorts. £5 to £10 10s; weeds and crocks; any price; waggon, £30; spring-cart, £13 10s; sulkies, £7 10s to £12 10s. We held our monthly sale at Waiuku on Saturday and yarded a larger muster than for some time past. With few exceptions, everything changed - hands at satisfactory prices. ; At Helensville on Wednesday the yards were well filled with stock, which sold at late rates. There was a, full yarding of store and dairy cattle at Remuera on Thursday. Cows - ■<■ their profit sold up to £8 15s: dry, "£2 to .<:. J.-. The advertised shorthorn bulls were passu) in, not reaching the reserve. The Jerseys sold from £4 ! 4s to £9 9s; three to four-year steers, £4 to £5 ss; two to three years, £2 15s to £3 15s; yearlings, 25s to 455. Fat. nnd young calves, short of requirements, were better worth, small selling to 10s, medium to 18s, others to £2 10s; 52 sold. The beef pens were well filled with cattle of choice quality. There was no improvement in the price. Ox beet sold from £5 10s to £11 2s 6d ; cows, £3 10s to £7 17s 6d; 315 sold. Mutton, plentiful, was fully 2a par head easier, best wethers in their wool selling to 275, others to 225, shorn to 19s 3d, woolly ewes to 23* M, shorn to 17s; fat lambs, best 14s' to 183 9d. small & to 12s 6d; 133 sold.- The advertised store wethers brought from 13* to 16s. Pigs, penned in average numbers, kept last week'* advanced values. Poultry, 2s to 3s 3d. Hides, etc.: Ox, 6d to 7d: cow, 6d to 7gd.; stags, 4Jd to sd; kips, 4.} dto 5Jd ; calf, 6UI to 7d; tails, Is 7d dozen: rough fat. lgd; horsehair, Is 6d lb; tallow, 22s to 25s 6d. Skins—Butchers', green, 5s 7d to lis; dry and country. 2s 3d to 6s 8d: extra large, 8s lOd to 12s; lambs', Is 8d to 2k lid. crossbred wool. 9Jd; pieces, 6Jd. Grain, etc. : Maize, easier. 3s 2d ex wharf to 3s Yd ex store. Oats, no change. Fowl wheat. 3s 9(1. Chaff. £5 to £5 10s; inferior, £2 15s to £4. Bran, £4. Sharps. £5. Pressed hay, £3 to £4. Straw, £3. MESSRS. G. W. BINNEY AND SONS' REPORT. At Tuesday's sale we. submitted and cleared average catalogues of bides, sheepskins, tallow, etc. Hides: Price* firm, with strong demand. OxExtra stout, 8d to Bid ; stout. 7|cl to 7Jd : medium. 6!|d to 7d: light, fad to 6<d; wet. 5Jd to 5Jd: cow, lxst. lines to 7d. good 6d to 6Ad. wet, SJUI to 52d; kip, fjjd to 6d; calf. well-flared 6-d t'i 7d, cut 4i<l to sd; stags', 4d to 4.U1 per lb. Sheepskins: Large, 10s to lis 6d: med'um, 8s 6d to 9s fed ; small, 6s to 7s each. Tallow: Verv firm. Rest, mixed, in shipment casks, up to 25s 6d ; in small casks and packages. 255; good. 22s fxi to 245; seconds, 19s to 21s per cwt; rough fat, ljd per lb. Rones: Good, dry, £4 15s per ton. Cow tails, Is 8d per dozen. NORTHERN CATTLE SALES. Messrs Hunter and Wilson report:—At the cattle sales held at Tangiteroria, Ruarangi, Ruatnngata, and Hiknrangi about the advertised numbers of cattle, were yarded, ami with few exceptions changed hands at about, ruling values. At. the Whangarei monthly sale about 900 store and fat cattle came forward. There was a good attendance or buyers, and few lots failed to sell. A line of 132 young steers sold immediately before the sole, also 50 forward-conditioned' bullocks. We quote: Fat cattle, a good entry, steers, £6 to £8 15s; cows and heifers, £4 10s to £6; 4-year-old steers, in brisk demand, £5 5* to £6 17* • 3-year do.. £3 15s to £5 ss; 1* to 2-year do., £2 5s to £3 ss; store cows, dull of sale, £1 15s to £3 15s; calves and yearlings, 16s to £1 18s each. At the dairy cow and bull sale on the following day there was a large entry, and although values .were lower than the previous monthly sale vendors accepted the offers, and only 'some aged and backward springers were not sold. Cows and heifers ranged from £3 5s to £8 ss ; bulls. £2 7b 6d to £7 7s each. Privately we sold 93 store cattle and 71 fat, steers nt about ruling values. Double-seated buggy, £34 10? draught gelding, £35 10s; 2 hacks, £29 nnd £25 LONDON'. By Telegraph.— Association.—Copyright. LOKDOJf, October 10. The wheat afloat for the Continent amounts to 2,000,000 bushels. At the tallow sales 695 casks were offered and 556 sold; prices unchanged.

.' ' Sellers. Buyers. £ ». d. £ 8. d. BANKS— New Zealand .815.0 8 13 0 National ... ' — ■' ft 8 0 National, new issue ..590 580 INSURANCE--New Zealand 4 0 0 3 19 0 New Zealand, new >mu«... 3 16 6 3 16 0 National ...... r- 1 '.-4 ; 6 14 0 South British ■.%'. J lb 0 _ Standard ... « ... 1 0 6 1 0 0 FINANCIAL— N.Z. and River Plate ... 1 10 6 19 6 COAL— tort. Coal, 10a paid .. 0 15 6 0 14 9 Taupiri Mines, Ltd. ... 1 1 0 10 3 Westport ... — •*'„—, 7 2 6 Drury Coal ... r. 0 8 6 _ GASAuckland ; ' »« 15 0 0 14 13 0 Thames ... .- *■■ — 1 18 0 SHIPPING— Northern Steam, paid up., 0 17 6 0 16 10 Northern Steam, con. ... 0 8 2 0 8 0 Devonport Steam Kerry- . . 1 17 6 — TIMBERKauri Timber, paid up... 0 17 3 0 16 6 Kauri, contributing ... 0 5 0 0 4 10 Mountain Kimu, Ltd. ... — 0 19 6 WOOLLEN— Wellington ... 3 15 0 — MISCELLANEOUS— Auckland Tramways Co. 11 12 6 _ D.S.C., Limited 0 8 0 0 7 10 Orey and Menaiee. Ltd ... 0 8 0 — Hill and I'lumnier, Ltd. . 12 0 — Milne and Choyce, pref. 12 6 11-6 Milne and Choyce, ord... 110 — N.Z. Portland Cement Co. 1 16 6 1 15 9 Northern Boot — 0 10 0 New Zealand Paper Mill* 13 9 13 3 Tonson (Jarlick Co., Ltd... 0 18 6 0 17 6 Union Oil ... i 0 6 — Wiseman and Sons, pref... 0 18 0 0 17 6 MINING— Kuranui-Caledonian ... 0 2 3 0 2 1 Slav Queen Extended ...All 0 10 New Dart ... *. 0 0 7 0 0 5£ New May Queen 0 3 4 0 3 3 New Moanataiari 0 16 — New Monowui .008 - New Saxon .... ... 0 0 9J 0 0 8i Old Albnrnia ... 0 2 3 — Southern Queen, 6d paid 0 0 8 — Southern Queen, con. •... I) 0 7£ — Thames m 0 1 1 0 10 Vanguard - .., >. 0 0 3! 0 0 2 Victoria ... -v ( , 0 0 ij 0 0 8 Waiotahi, ex div. ,* 1 11 6 1 11 3 Wnitangi, 6d paid .,. — 0 12 Waitangi, contributing ... 0 1 4 11 Halcyon , te 0 0 6 — Bunker's Hill , 0 0 10 0 0 6 New Four-in-Hand , f , 0 10 — Old Hauraki ... ..-, 0 0 10 ■ — . Champion, paid up .,,0 2 4 0 2 0 Champion, contributing C r 0 1 5 — Crown .051 0 4 10 Golden Belt, paid 0 2 5 — Golden Belt, contributing 0 2 0 0 16 Kirikiri, contributing ... 0 0 6 0 0 2-i Komata Reefs 0 2 5 ~0 2 4 Maoriland, contributing... 0 0 11 0 0 6 Omahu Mines 0 0 3J — • Pride of Waihi 0 0 10 — Rising Sun ... <„ 0 0 6 — Talma Broken Hills .... 0 2 1 0 18 Talisman Consolidated .• 1 11 6 1 11 3 Waihi ... ,.936 9 10 Waihi Beach . 0 0 10; 0 0 91 Waihi Consolidated ... 0 2 1 — Waihi Discovery, 6d paid 0 0 3 — Waihi Extended ...... 0 4 9 0 4 5 Waihi Grand Junction' ... 3 0 0 — Waimangu, Is paid .006 — H. P. Hcdlestox, Secretary; G. A. Buttle, Chairman. 3.15 p.m., October 11, 1906.