COMMERCIAL.

New Zealand Herald, Volume XLIV, Issue 13490, 17 May 1907, Page 3

COMMERCIAL.

NewZbaiand Hebaid Office, ' ■' Thursday evening. .„., on the sbaromarket during the, past " 'S S have been up to the average. In ■! « e t b tK« are buyers of New Zea- *•■". ; . f <in k atilO ss. ■ Nationals sold at I - 0* and more are obtainable at % $, with buyers at £5 Bs. 6d. :>'"'', i 7 insurances New Zealands are a shade V ' oiir with sellers ik £4 10, South : 'Slsh are also easier, with sellers at £5 If and buyers at £5 6s. Nationals are ■ 8S ' L a 27s 6d. Standards arc firmer, with «ati3s 6o; sellers ask 245. No bus, bWy reported in coals. Hikurangis are ' ' fl °«+nH at 16s 3d, and Northerns at 16s. > Til is are offered at 20, There are firm Ss of Wesports at £7 75." In gas stock ' Sir of Auckland ask £14 17s, and there 1 buyers at £14 14s. Thames are offered "• .*, 38s M- Gisbornos are offered at 565. S.ore are buyers of Whangarois at 32s 6d, „i of Pahiatuas at 25s 6d. In shipping ';> Northern (paid up) sold at IBs, and more offered at 18s 3d. Contributing sold ♦ 8s 2d- there are further . buyers at 8s ■■■•"■ 5 There are sellers . ol! Devonport ■ Ferrys at 365, s and buyers at 34s 3d. fa timibei Kauri* (paid up) sold at sfe and more aro wanted at '20s 3d. Contributing sold at 7s 9d, with further buyers 2 7s Bd, sellers ask Bs. .. Leyland- ; - O'Briens aro wanted at £2 4s; there are "iters at £2 ss. Buyers of Mountain Rimu ' offer 20s 6d. New Zealand Drugs sold at 1 6d, and more are wanted at 50s. Elwtno Trims preference shares sold at 23s 6d. In minine there have been free sales of Waihis from £9'&s 6d to £9 6s to £8 7s to • £<J 6s 6d, closing with sellers at £9 7s 6d and buyers at £9 6s. Waihi Grand Junctions '" Ja at 435, and closed with sellers 445, buyers 41s. Waihi Extended** sold from 6, 6d to 5s lid to 6s 6d. Talismans sold from Ms 3d to 32s 6d to 32s to 32s Bd, and closed * W ith sellers at 32s 9d, : buyers 32s 6d. Crowns sold from 7s to 6s lid. Tairua Broken Hills sold freely from 3s 8d to ,4, 4d Champions (paid) sold at 2s 3d. New Waitekauris sold -at 7id. Kirikiri (contributing)- sold from fed to 8d to 6d. , Komata Reefs sold at Is Bd. Waiotahis ■"■.'' wid from 25s ■ 6d to 25,s 9d to 245, . closing' whh .sailers at 245, buyers at 23s gd Kuranui-Caledonians sold at Is 40 to Is' sd. " New Saxons sold freely from Is . tolsldtollidtols, B<l New Moanataiaris sold at B*o. urn Kapangas sold from la 5d to Is 6d to Is 2d. ''" Old Haurakis sold at lOd. . . Inquiries made have elicited the information that business in the general distributing trade is abovo-the average for the time v of year, and a feeling of confidence in, the future is manifest. ,: Country orders_ mamtain their prominence and demand is well spread over the various stock lines. Demand for seasonable articles in Queen-street Hid suburban shopping districts is being : felt, and the recent displays of latest winter goods from the various world's markets hive had tho desired effect. Building operations in different quarters proceed apace, end business in hardware and soft goods is ~ well maintained. ~',. 6 . t -'. e ~.„ The Aparirua has sailed for the South to complete discharge, of Eastern cargo, whilst, arrivals since our last include the Frank-: >• ditle, from New York, with nails, wire, oil, ©to., and the Moura from Southern ports '■ with the usual cargo of miscellaneous char- . • acter. The Talune sailed on Wednesday to make connection with the Vancouver mail boat at Fiji, with a full list of passengers and a good manifest of cargo. ' i, The news relative to the possibility of a neatly ■accelerated mail connection between ■ ' London.'arid New Zealand lias been received! ■;■ in oommeroi&l circles with a feeling of gratification, that the importance of such a. connection seems to have impressed the Itoperial Government, and further details- • of the'scheme' are awaited with interest. - Salmon.: Half-pound flat tins are all that aie now procurable in Vancouver, the . stocks of lib flats and tails being quite ex-! tasted. 'Fri&co again , emphasises the " length of , the market there, and first-hand ■■■• ladings are being rapidly depleted. ■■ . ■' '■■■> Citric Acid: After an absolute dearth of : , tt ■> very; biA price for early shipment. -I Tartaric.Acid: ; Price a little-easier for early shipment. ' '.■'*'' f , ' < Sultanas: ■ .We have been notified of an advance in price. We look for scarcity of • this fruit in the local market before arrival of the new fruity and" buyers will do well to turn their attention to, the Mildura fruit for August-September 'requirements, y \ '..■}.-.' Seeded Raisins: Firm at last quotations, and we. must look for price to move up again .before, very, long.'' .' ■ Prunes: Prospects of the new crop are by no means good; stocks of last season's fruit which are held in .'Frisco therefore will have to command enhanced prices. , ■,_■ Jordan Almonds: Demand little quiet, and local stocks ample for all requirements. Desiccated Cocoanut: Recentquotations bold goodi'with hot much prospect of. decline in the near future. = ■■■■■ '■* • Pearl and flake tapioca are quoted by ■ cable to-day at a substantial rise in price. Black Horse salt has all been placed out '•..; ..-.:■ of last shipment at higher rates. ' Flowers Sulphur: Quotations : for direct; shipment are on a parity with price ruling about the samo timo last year. , I Burma.Candles: Wo have been informed , V that a further advance is likely at an early dtite. • j Cottonseed Oil: Price still seems to be k ,• firming up, and operators are chary about •' joing m:at present level.' Castor Oil - Price has again fallen, and n<* should not be surprised to see it go back * _ a further point or two. Linseed Oil: The Home market has gone, / lip with a bound owing to some manipulation of tho raw material. Local merchants; „ nave advanced prices slightly, and an easier j , tendency is not likely to prevail in tho immediate. future. Ceylon Tea: The estimated quantity available for the United > Kingdom for the present year is 106£ million rounds, and if this forecast proves correct the position seems , of unusual strength, and present prices must rule for tome considerable time. Our cabled advice reports the Colombo sale of Jjth inst: passed off quietly, and prices re--1 main very firm. ''...'.' Jute Goods: Corn sacks for July steamer I i are quoted at much enhanced values. ' - " ." . Kapok: Operators have gone in on very *'£" prices, and we look for opening quo- ;'•'•■: ations to show a considerable advance on : : : jast season's. Curo Arabic: Prices have advanced; supplies very scarce and difficult to get hold of. ' Hog Casings: Latest advices are to the effect that the market,is firm. - , plates: Firming up, and it looks a3 though prices have touched bottom for the ■ wine being. Cement: The shortage still continues, and local holders are reluctant to sell excent in • vwy limited lots. ■ •. * Fencing Wire: Late cables show a further advance of 5s per ton. ( Pig iron after wavering for some time ap- •■.. P«*rs to have settled, and prices have ad- , vanced. Potatoes: Stocks at present are rather : ■ ™ the heavy side owing to tho shipments coming to hand being more than the conwmption warrants. The Australian market I r£7?i. a ?hght weakness, but it is expected ! r-orJ ■ , ls onl y temporary. Prices hero aro j I?; mIT llot £o firm; were only a small •■ r,W, to come from Australia things! would right themselves. . ' ' 1 _ Unions: . Supplies coming forward are arid * ufficicnt to cope with the demand, ai o prices have undergono no change. ~ - T as: Both Partridge and Prussian Blue I. . "in good demand: it is almost impossible j ! ' £ get any under offer, stocks in the South ! F& very light. ■'-.'. ■■■' our rJ Tnor h 33 been no change since ent last report, but another rise is imminCattle: There was rather a good muster ' * P,.,v* ° ck u of , dl kinds at tho salos this we b.rt X ***■ was rather on the small sido, teL P no for this remained about tho "»p as last week. atores were being offer in fair num- |: ■' «l'sJ*' in rather on tho low side. ttX P: i he Quantity yarded was about •.',;- Cre ' and sold at a sli S ht, y bettor *i?£\u 1 t &Uisi advices from Melbourne Can l\ ?, trt riso has tak » n place nKft 2d P« bushel. Buyer! are ' offering.- to T- a a little, tat as tho 'to be Iff 1° ,° nly hghfc P ricC6 ttre not likely -■ vwiiff'u 0 anv cxtont Southern ad- ' '*■ ftuch & ate th T tho markct is very - r S er ' Local stocks are decreasing ■ '■■'- ?«,« £?lu f ° r th * ««t steamer i -f h L^SIS —I -in cargo •nditiJ v iT at: hei '° isaverfirm feeling ' ■' uim" X a,lmo . st impossible to get any offer- " t W,-.th«6-ja a probability of a further

? Milling Wheat: 'Our. latest advices from , Melbourne notify that price?, have firmed considerably, having risen fully a penny, the demand being almost entirely for prime and shipping qualities, medium and off lots being somewhat neglected. '■ Farmers are holding fairly tight and supplies are moderate. It is estimated that it would be very difficult to secure any :i decent size parcels without firming values. Latest reports from | the South are very similar to those of Melbourne. ■ "*- ' Chaff: Deliveries coming forward -are rather small; farmers are having some difficulty in getting what they have cut to the market, owing to the roads being so bad. There is rather a better demand, and prime lots are easily , disposed of at full _ rates. There is no change in the position with regard to Australian fodder. »; Pollard: A better .'feeling exists in the market, and prices have.slightly advanced. Local stocks are on the lig»<- side. Bran,: There is no change to i report; prices are firm and are likely to remain 60. Maize: There have been no fresh arrivals since our last report, and stocks held locally are nearly all in the hands of distributors. The nominal price at present is 3s 4d ex wharf for wholesale parcels, .but it is anticipated that a rise will take place on this price on the first shipment that comes to hand, as there is .ery little likelihood of it being a heavy one. • . - Fungus: There is little on offer,/,the deliveries being very light. Price continues! firm, and is not likely to change this month, i Flax: . About the average quantity is com- j ing forward, but there is no noticeable im- j provement in the quality. The London market has not maintained the slight rise that took place in tho early part of the week, but the alteration is very slight indeed. Buyers are still willing to operate for forward deliveries. ..'..,; ', Tow: There 13 not a great quantity ar- j riving, and orice remains unchanged. KAURI GUM. The supplies for the 16 days of May totalled 325 tons, indicating that there will be a falling off in comparison with the same month of last year. The market remains much about the same as reported in our last. Pale select and rescraped are both in good demand, but there is very little offering. _ Superior three-quarter-scraped ordinary is also arriving here* very slowly,, and prices are - exceedingly firm. There is rather a better inquiry for medium ordinary,, but not much offering. Washed nuts, if sieved, continue in good request. Chalk and swampy sojts sell fairly well. East Coast is not .'arriving hero in any quantity, and the principal buyers are holding off till prices come within their limits. Black, rescraped, and bold lumps are still wanted, but the inquiry for good hard "steel and mixed lots is not at all brisk. Good sugar and hard nuts, well sieved, aro readily sold. Bush:' There is very little alteration in the position Rescraoed is wanted, if pale and free from bled; all other grades aro neglected. There is no inquiry for blecl.--:. Chips * nd dust are filing somewhat better. Ordinary dust, if coarse, is in request; black riddlings, black seeds, and coarse dust all move off as they reach here

AUCKLAND STOCK EXCHANGE. Thursday'" closing prices arc m . follow, the business done being Northern Steam (contributing),; Ss 2d; Auckland Tramways (preference), 23s 6d, 23s 6d ; Waihi, £9 6s 6d, £9'6s 6d ; Talisman Consolidated, 32s 6d, 32s 6d, 32s 8d; Waiotahi, 24a 6d, 24s 3d, 245, 24«, 24s 3d; Waihi Extended, 6s, 63 3d, 6a 2d, 6o 6d; Tairua Broken Hills, 4s 2d, 4s 3d, 4s 3d, 4s 4d; New Saxon, la; Old Kapauga, Is 2d; Kirikiri (contributing), 6d.

MESSRS. ALFRED BUOKLAND AND SONS' REPORT. Horses: At the Haymarkefc on Friday last we again had a full yard and good competition for ail young sound workers. A line of seven heavy draughts from Paeron. were keenly competed for and sold at from £33 108 to £47, on average of £33 5s each; medium draughts, £25 to £38; buggy horses and good hacks, £15 to £24 ss; light harness and ordinary hacks, £6 10* tq £lo; well-bred ponies,'£7 10s to £15 15s ; pair medium unbroken colts, £52; pony, trap, and harness, £25 10?. The hunters Roger and Honey realised £10 10* and £26 respectively. .. . At Manurewa, on Tuesday, in the estate of J. W. Waller, cows sold at from £1 23 6d to £6 2s 6d; calves, 8s to 17s; bull,' £4 17s 6d; horses, £'aj 10.1 and £21 10s *, stacks, £12 10s each; sundries at satisfactory prices. At Clevedon on Saturday ft moderate yarding of both cattle and sheep sold at late value®. ' Springers, £4 to £6; fresh-conditioned empty • cows, £2 103 to £3 ss; yearlings, £1 7s 6d to £1 13s; strong calves, to 19s; forward wethers, 14s 3d , ewes, 9s 6d to- 13s ; fat lambs, 14s 6d; store i lambs, 7s; chestnut mare, £18 10s. * _ ; The rokeno yards were fairly well filled with stock on Monday, and with few exceptions all changed hands. Dairy cows, £6 to £7 7s od for ; beat; others, £3 10s to £5; forward-conditioned j three-year steers, £4 17a 6d; fat cow® and heifers, ] £3 15s to £6 10s; empty cows, £1 15* to £2 15s; ■ yearlings, to £1 lis calves, to £1 6s. | We held a special sale of Mr. J. W. Wallers dairy stock at the Mauku on Tuesday. There was j a large attendance and everything sold at satis--1 factory' figures. Fresh-calVed cows made from i £6 to £8 ss; calves, 16s to £1 2» 6d; bay gelding. ! £16 2s fed; milk cans, 1S« t<? £1 Is; cart, £9; I pigs, £1 lfts each. i At Rimciman on Wednesday dairy cattle met . with a better demand than at recent sales. Other classes were at late rates. First quality dairy : cows, £7 to £9; others, £4 10s to £6 12s 6d; aged and inferior, £1 10s to £2 15s: empty cows, • £1 17s to £3; fat cows, £4 7s 6d Co £5 ss; two to three-rear steers, £3 10s to £4 45.; 18 months to two-year-old, £2 2s to £2 15s; calves to yearlings, 17s h> £1 12s 6d ; small calves, 7s to 12s; small pigs, 7s to 103. ; Both dairy and store , cattle came forward m usual numbers at Remuera on Thursday, cows near their profit selling to £7, backward springers to £4 15s. stores at recent quotations. Fat and voung calves, short of requirements, sold freely from 4s to 38a; 44 sold. There was a full yarding of fat cattle, which sold at an advance on last

,week'a prices, ox beef selling up to 22s the 1001b, f cow to 19a. Steers ranged in price from £& to £10 15s;* cows, £3 10s to £9; 348 sold. Sheep, penned ; in average- numbers, - sold ■* freely, - best wethers selling to 24s 6d, others to 20»; ;; heavy ewes to 19s 9d, others to 17s; 1473 sold. i; Best woolly lambs, ,15s, to ;188; lighter weights, -$3 to 13s; shorn, 9s to 14«; 363 sold. The advertised i ewes in lamb did not arrive in time (or the sale. Pigs,' in moderate numbers, were at' last week's quotations; 64 sold. Poultry,; Is 8d to'2a 7d. , Hides, Skins, Tallow, etc.: Hides—Ox, sid to B|d ; cow, sid to 5Jd; kip, bjd; calf, 6d to 6|d; horse, 7s 3d to 14s; stags', 31d to 3|d; damaged hides, nominal; horsehair, Is Id to la 7Jd; tallow, 24* 6d to 27« 9d; bones, 4s 9d to ss. Skins— pelts and lambskins, ;4s 3d to 4s lid; others, 2s 2d to 4s; damaged, Id to 2s. . ~.* '>•<■"; ' V WAIKATO STOCK SALES. The New Zealand Loan and Mercantile' Agency Company, Limited, Hamilton, report:— . .-■ On Tuesday, May .7, at Ohaupo. we had only a small muster of cattle, but prices were much Improved and everything -sold readily at the hammer. Fifteen to 18-month-old steers realised from £1 19s 6d to £2 Is; mixed yearlings, £1 16s to £1; good calves, 19a to £1 6s; freshconditioned young cows and heifers, £1 17s 6d to £2 16s; springing heifers, £4 5s to £4 15s ■: On Friday; Mav 10, at Ngaruawahia, we held « sale of sheep and cattle. A large attendance of buyers was present from Auckland, Te Kuiti, Morrinsville, and V7aikato districts. VFe report a most successful sale. The 2000 sheep advertised met extra keen competition, and all were sold at the hammer. Fat and forward wethers reaUsei from 188 7d to £1 9d* - - 16s 3d to 17s 9d; woolly,lambs, 12s 3d to 12s 9d . shorn: lambs. 10s 4d; cull lambs 7.s. 9d to to 2d : , I full-mouthed ewes, in lamb, 15s 3d to 16s 6d, small fat steers, £6 12e; fat heifers, £4 15s to £5 10a- yearling to 18-month steers, £2 Is to £212 V;' strong calves, 17s 6d to £1 2s; *P"nging heifers, £4 5s to £5; choice cow, ( near, profit,-£7. LONDON WOOL SALES. By Telegraph.—Press Association—Copyright. ..... Loroojr, May 15. ,: At the London wool sales yesterday there was keen common for crossbreds at March rates and for merinos at par to 5 per cent, .above M The fonowmg are the 1 average prices realised at T the LoiTdo&es' for the fleece portions of the 'L. named:—K korangi. lOJd; Home Huls, ll^d . ml 13W The Wool Importers' Association lias Sea not to limit quantities for the remaining series. ; ■ ' -■ __^ —— i ' ■ ,- ..LONDON. By Telegraph.-Press Association.— : LOKDOK, May 15. Wheat: American visible supply, 78,971,000 bushels. Australian cargoes .have sold at from : Copper ! 3 6 pot, £102 ss; three months, £101 Tin- On snot, £190 10s; three months, £186. x At the tallow -auctions 2175 casks .were offered 7, iw «£ih - Mutton- Fine, 36s 6d; medium, ' 34 nd 6d 3 &&;>%"I 35s 9d; medium, 33s 6d. . ,

Sellers. Buyers. BANKS- ' £ . 8d * r £ 8 " d " New Zealand ... ... _ 10 5-0 National ... 5 10 0 5 8 6 INSURANCE " . New Zealand ... ;.. 4 10 0 National ... . ... ... _ : 1 7 6 South British ". ... ... 5 8 0 5 6 0 Standard ... ... 14 0 13 6 FINANCIAL— N.Z. and River Plate ... 19 9 19 0 COAL- ' Hlkurangi ... ... .... _ 0 16 3 Nort. Coal, IXd., 10s paid — 0 16 0 ; Taupiri Mines, Ltd. ... 10 0 — Westporfc ... . ... ... _ '770 GAS- , : , v ; Auckland • ... 14 17 0 14 14 0 . Thames ■ ■ ... ... • ... 1 18 6 ' — GiBborne ... ,..... ... 2 16 0 — . Whangarei ... ... : ... _ 1 1 12 6 Pahiatna ... _ 15 6 SHIPPING—' ; Northern, paid up ... 0 18 3 _ Northern, con. ... ... — 0:8 1 Devonport Steam Ferry... . 116 0 114 3 TIMBER— | ; Kauri, paid up , ... ■ — . 10.3 Kauri, contributing ... 0 8 0 0 7 : 8 Ley}and-0'Bricn tl Ltd.;„...,„. 3 .,•&-,*()2 ,&i Parker-Lamb, Limited. ... 16 6 — MISCELLANEOUS ' . < Auckland Tramways Co.. pref. ... ... 13 6 ' , 1...3 0 -Auckland Tramways, ord. 14 9 1' 4 0 D.S.C., Limited ... ..'.0 6 6 . . 0 6 '3 Hill and Plammer, Ltd... 12.0 — - Milne and Choyoe, ■ pref... 15 0 - — " Milne and Clioyce, ord. ... 13 .9 ' — New Zealand Drug, £2 ... — 2 10 0 N.Z. Portland Cement Co. 1 17 6 —' New-Zealand Paper Mills 15 6 1' 5 0 Tonson Garlick, Ltd. ... 110 — * Union Oil . ... ... .1 0 6 —- ' Wiseman and Sons, pref... 1 10' • — Wilson and Co., pref. ... • — ' ' 18 0 Wilson .and Co.,' ord. ... — .■ 16 6 Wilson. and Co.. new is- . V sue, preference -080 tflNING— ; . . - . Bonanza, paid . .... . ... ; 0 : 0 .8 - • —- Bonanza, con. ' ... . ... 0 0,5- —\ . 'Kuranui ... 0 0 6 — ... Kuranui-Caledcnlan • ..., 0 1 5 0 14 Stay Queen 'Extended ... 0 0 9 — New Dart ... 0 0 7£ 0 0 5 New May Queen ... ... 0* 2 10 0 2 8 ,New-Moanataiari ... ... 0 0 8 0 0 6 New Monowai ... ... 0 0 84 007 New Saxon ... ... 0 11 0 0114 New Sylvia 0 0 5 0 0 4 Old Alburn ... ...0 2 2. — Southern Queen ... ... 0 0 6 • — Thames ... ... ... 0 0 8 0,0.7 Victoria 0 0 10 ' — Waiotahi ... ... ... 14 0 13.9 •Waitangi ... ' ... ... 0 2 6 0 2' 0 •Watchman ... ... ... — 0 0 2{ Bunker's Hill . ... '... 0 0 9J, 0 0 7 Kapowai,". contributing ... 0 0 10 — Ola Kapanga ... , ... 0 1 3 0 1-1 "South Kapanga 0 0 6 — Champion, paid up ... 0 2 6 — Champion, con. ... ... 0 1 1 0 0 10 Crown " ... ... ... ' 0 7 0 0 6 8 Golden Belt, paid ... 0 0 10 • 0 0 7 Kiriklri, contributing. ... 0 0 74 - 0 0. 5 Komata Reefs ... . ... 0 19 0 1. 8 Maoriland, paid ... ... 0 0 6 - — Maoriland, con. ... -... 0 0 :4 — New Waitekauri ... ... 0 0 91 0 0 7 Pride of Waihi ... ... 0 0 9 - — -! ■- Rising Sun • • ... ... 0 0 < 9 — Tainia Broken Hills ... 0 4 6 0 4 3' Talisman Consolidated ... 1 12 9 1 1 12 6 , Waihi ... ... ... ... 9 7 6 9 6 0 : Waihi Beach: ... ' ..J 0 0 : 8£ — Waihi Consolidated / ... 0 1 7 0 15' Waihi Extended ' ...' ... 0 6 6 0 6 5 Waihi Grand Junction ... 2 3 6 -2 1 0 Maharahara Copper Mines — 0 9 6' H. L. Noakks, Secretary; G. A. Bottle, Chairman. 3.15 p.m.,- May 16, 1907. - : v CALL AND DIVIDEND LIST. Dividends. Waihi. ... ... ... ... 0 3 0' Juno 1 Mount Lyell M. and R. Co. 0 3 6 June 15 Call# ' Waihi Beach April 11 ... .,v 0 0 1 Now New Saxon, April 16 ... ... 0 0 0J Now Knranai; April 20 ... ... 0 0 1 Now Old Kapanga, May 6 ... 0 0 1 Now New, Bunker's Hill, April 23 ... -0 0 1 May 21 Thames, May 13 ... ... 0 0 1 May 22 New Dart. May 13 ... ... 0 0 1 May 22 New Waitekauri, May 14 ... 0 0 1 May 23 Old Alburnia, May 13 ... ... 0 0 1 June 10