COMMERCIAL.

New Zealand Herald, Volume XLIV, Issue 13491, 18 May 1907, Page 3

COMMERCIAL.

; ' New ALAND Hebaid Office, Friday evening-. Thebe was freer inquiry for standard and mining investments on the sharemarket yesterday than has been the- case during the j pa3fc day or two. . In standards Taupiri ! Coals sold at 19s 6d, and there were further j sellers ;at 20s; no declared buyers.■'..' Gis- ] borne Gas changed hands at 55s od and 565, J and more wore wanted at 55s 6d; no declared' sellers. -Kauri .Timbers (paid up), wow bought at 21s, closing with sellers at 21s 3d, buyers at 20s 9d. Auckland Trams J (ordinary) sold at 24s 6d, others ; were avail- < able at '24s ;9d;. no declared buyers. In'■! mining Waihis were dealt in from £9 6s 9d ! to £9 6s; there were further sellers at £9 6s 6d, and buyers at £9 ss' sd. Talismans ! sold at 52s- 9d, and o'osed with seilors at 33a, buyers at 32s 6d. Waiotahis brought 23s 6d to 24? 3d,' there being further sclera at 24a 6d, buyers at 24s 3d.; Crowns made 6s 3d to 6a -10d ; more were inquired for at 6s 3d, sellers asking 63 lOd. Waihi, Extenders were freely invested in , from 6s 9d to 65 7d to 6s 8d to 6s : 6d, closing a shade easier, sellers at 63 3d, buyers at >6s ;sd. Tairua Broken Hills sold from 4s 3d to 4s 4d, with* more sellers at 4s 4d, buyers at '4s 3d. Kuranui-Caledbnians were done at Is 4d, and closed with sellers at la sd. buyers at Is 4d. New May Queens found buyers at 2s lOd, late sellers quoting 2s 9d, buyers 2s 3d. Bunker's Hills -made Bd, late sellers aid, buyers 7d. Watchmano fetched 3d, late sellers at 4d, buyers 2£d.';,, Komata Reefs sold at Is _d; more were wanted at , the same figure, sellers at Is 9d. Waihi Consolidateds brought is 7d, at which price there were .further sellers, buyers offering Is 6d. ■„. Ngafciawas were quoted for the first time, there being sellers at Is Bd, and buyers Is 6d. 'AUCKLAND STOCK EXCHANGE. .The following are Friday's closing prices, the business oone being:—Taupfri Coal, 19s 6d; Gisborne Gas, 55s bd, 565; i Kauri Timber (paid-up). ?, V n 1 c H a ? a Tramways (preference), 24s 6d; 2; s 3 ft ¥- ; -;2_r*_« £& 6s 9d. £9 6s; Talisman Consolidated, 33s 9d, 32s 9tl, 32s 9d; Waiotahi, «v , -. 6 1 d V, 253 , s 9d, 2%i M ; Crown, 6s id; 6s lOd fWaibl Extended, 6s 9d. 6s Bd, 6s 7d, 6s 7d, 6s 8d v <d, 6s 8 5' 6s 6d; ' Kuranni-Oaledomian, •Is4d ; 5, M M, Q» eM . 2s 10d; Watchman, 3d; Bunleer 3 HiH, 8d; Komat* Reefs, Is - Bd, Is 8d; Onirua Broken Hills, 4s 3d, 4s 3d, 4s 4d, 4s 4d; Waihi Consolidated, Is 7d. - "■' • • : , Sellers.- Buyers

- II L. Noakrs. Secretary; ;. . O. A. Buttle. Chairman. 3.15. p.m., May 17, 1907. . ' ; : CALL AND DIVIDEND LIST. Dividends. , Waihi ...•,.. ... : ... 0 3. 0 Juno 1 Mount Lyell M. and R. Co. 0 5 6 June 15 'Calls: .:■ . • ' .... ■' \.- "■...'" Kuronui, April 20. ... ... 0,0 1 Now Old . Kopanga, May 6 ... 0 0 1 Now New Biinkor's Hill. April 23 ... 0 0 •'■• 1 ' Mav 21 Thames, May 13 ... ... 0 0 1. May 23 New Dart. ', : May 13 '';-■ ... - ... 0 0 l'M»y 22 MESSRS. C. B. KING SWELL AND CD'S REPORT^ On Tuesday we cleared a. large catalogue of hides, skins, tallow, etc. .. Hides : : Market firm, 1 with good competition. Wo quoted- B.td to 9|d ; extra stout, 7d to 7id;. stout. -6id to 6Jd ; medium," od to 6Jd : light. s|d to 5Jd ; cow, dry-salted 6d to 6id. wet-salted ' Eidto s|d; kips, aid to s_d; calf, 6d to 6^d ; stags', 4d to 4^d; damaged hides, 2d to 3Jd per lb. ..'.' .... • .■' ■ , . '■'■ .-''' Sheepskins : Local ; butchers', ' large A* Bd to la 9d; good. 4s 5d to 4s 6d; small, 3« 6d to 4s; country lines, 4« 3d to 4» 6d; small, 5a to 3s od ; damaged,;. Is 4d to .2s fid each ;.;.cowtails, Is 8d per dozen. ■ ' . . Tallow, in casks: Good, 25s &d to Z7s; seconds, 23i to 24s 6d pwowt.-,- Bough fat, \s& per lb. ■: Bones: Dry, £4 15s. per ten. , ;..---:,■ ■ ■'. FRUIT AND PRODUCE MARKETS. Business on the local fruit and 'produce markets during the past week is reported as having been fairly brisk and, supplies throughout were fully up to, if not in excess of, immediate requirements. The potato market was considerably •verstockud -by'. enipments■ from . Tasmania and (Sydney, ,the result beins. that locally-grown were almost unsalable, owing' to the difference in quality and the low prices: of the superior Imported article. Owing to the low and reasonable prices ruling for imported as compared at the same date of last season, pumpkins are almost unsalable. The onion market has been. rather bare of ,j;ood samples, . but prices : cJiow no .Improvement. Large quantities of sprouted came to hand, but could not- ..be quitted. Local chaff was offered freely, but the demand was slack. Grain generally was unaltered in value. In dairy produce fehero was a slight increase in the supplies of dairy butter, the majority being from medium to Inferior in quality, offered at auetion, but the demand was dull. Very few fresh eggs were sent forward and sold under, keen competition. There was practically no demand for pickled lot*. A' limited quantity of farmers' cheese of medium quality, was submitted ot suction, but the demand was slack. Factory varieties firmed on lost' week's values. Bacon' and hsra-i were offered fully up .to immediate requirement*, but values were unchanged.. ' Vegetables of all seasonable varieties were in fair:supply at moderate rates. The fruit market was fully.'if not over, supplied, but owing to the sudden severe change. in the weather to extreme cold the demand wan slack, the requirement* of retailers being very limited. Generally prices were easier. Apples of unusually prime quality came to hand in large quantities, but sale* were slow at considerably lower, values than those; ruling:* fortnight ago. Poultry were penned in good numbers and met with a-satis-factory demand. The following were .the ruling prices at • the auction sales to-day: — • Field Prbduce.— Potatoes: Local, no demand; do.. Tnsmaiiion. prinv-, £5 8a to £5 iC* ton : ?*pd varieties, £4 and upwards. Onions: Local, prime. 4>= 6d- to -5* cwt: indifferent, unsalable. Chaff: Local. £4 10* ,to £6 10s ton. •■. ■ Dairr Produce.— Dairv and separator butter. Pd to 91d lb; milled in bulk, for rrporf, f)d: pastry 7d. Eggs: Fresh. Is lOd doirn ; do., pickled? 9tl to lOd. Chores* : Farmers'. 3d to 5Jd lb: do., factory, 61d to 7id : do., loaf. 7Jd. Bacon: Factorv.7jd to, Bd. Rams: Factory, 8d to 8«. Fruit.— Local, dessert extra choice, 83 to '10s. case: -d 0..,, good. 6s to S« : do., medium. 4s to 5«: do., cooking. superior, (m to 7s; do., orrliiiurv, 4s to ss. Grapes : Superior. Is 6d to Is 106 lb: do., nnor. 9d to Is. Tomatoes,. Is 6d to 4« 6d box. Oranges: Island 4s 6d to 6s case. Lemon*: Local, prime, 4s to 6s; do., rough and coarse. 2s 6d to 3s 6d. Cap« gooseberries, 3|d to 4d lb. Passion-fruit:'. Local. 5s . to' 6s 6d box.; do.. Svdnev. 6s to Bs. Walnuts: Local. 4d to fid lb.' Peanuts. ; 3{d. Pines: Queensland, 5s to 8s 6d care. . Cocoanuts, 14s sack. Poultry.—Hen*. la to Is 8d each: table roosters. hewvv. 2s to 3s 6d-: do., medium. Is 6d to Is 9d; ducks, 2s 6d to3s; geese, 3s 6d to 4s; turkeys, ■ gobblers, 4a to 10s; do., hens, 3s to 6ft „.

. LOJfCON WOOL SALES. By Telegraph—rPresa Association Copyright. -'~.- (Received May 17, 10.12 p.m.) , . - Los DOS, May 17. At the wool sales yesterday the following were the average prices realised for the fleece portions of the clips named .-—Richmond, Sfd; Kawarait, 10ad;' Poporangi, 113 d. The quantity sold to - Home buyers is 91,000 bale?, for the Continent 51.C00 bales, for the United States 4000 bales, and held over 15,000 bates. Merinos met. with strong demand throughout; *, All: medium and best sorts sold "• at close . to 5 per cent, above March rates. Short and faulties barely maintained the March rates. Crossbred^: fully (recovered the opening decline and oil classes arc now' at fully etjual to'l. the March rates. Good merino l?mbs advanced I from par to 5 per• cent faulty declined 5 per cent., and crossbreds a halfpenny. The* New Zealand Loan and Mercantile Agency Company, Limited, received the following cablegram from its London house yesterday:—The wool : sales closed at the 'evel of bat sales, except that J prices are about, 5 per cent, lower for crossbred j lambs', scoured merino inferior, .coarse scoured crossbred, coarse crossbred slipe, medium . greasy | crossbred, medium crossbred sl'.po, and medium j scoured crossbred, as compared with ' last sales' i closing rate?. The average current London values i of the under-noted " descriptions of New Zealand greasy wool are as' follows:—Good merino, 14d; medium merino, 12d; inferior merino. l8Jd; fine crossbred, Tsd; medium crossbred, 13d; coaree crossbred. forties, 12d ; coarse cross bred, thirtysixes, llld. :■■-,;•■••■-■ ■-•-. ; -. . ■■■ -;■.' ;• : :._y; ■'.'LONDON.,,.:. ■-: By Telegraph Press Association—Copyright. ' (Received May 17, 10.20 p.m.) '. v .Losdox, May 17. - BANK OF ENGLAND RETURNS." The Bank of England returns for the week are: —Coin. £35,711,000; reserve, £24,590.000; proportion of reserve to liabilities,' 46.97; notes in circulation, £28.809,000; public deposits, £9,514,000; other deposits, £42.761,000; Government securities, £15,322,000; other securities, £30,281,000. MONEY MARKET. Three months" bills are discounted at 31 per cent. ■ ■ CONSOLS AND COLONIAL STOCKS. Consols, 845New South Wales 34 per cents., 93. , Queensland 4 per cents., 105. West Australian 3 per cents., 85i. " The rest arc unchanged. BUTTER AND CHEESE. The butter market is dull and price* unchancred. * * . ; ' Cheese is very firm. Canadian, 67s to 69»; New Zealand, 64s to 60s. . , ', - ■ ; METALS. Copper: On spot, £102 15s; three months, £101 10s. ■ • ' "' < ■ '■' ; ■" Tin: On spot., £190; three months, £185 15s. Lead, £19 10s. _. .' • < , , Iron, 61s 4d. • • SUGAR. German, 10s; first marks, lis 7d. : ■=.'■ : ' WOOL.' ' -'.' •> The Bradford wool market is very firm and business is limited. Common sixties, 26Ad; super, ; 27d - " ____________— '■■.-.

BANKS- ::.';■ £ 8 - *■ : £ 8 - d , Now Zealand -.-;.• . .■„: ■' _.*■'- 10 5 0 National .... „ 4 ... 5 10 0 • 5 *8 6 ' St' BANCS— • ■.-.'■ • . : New Zealand ... ... 4 9 0 ■ 4 7 6 ■' National ■■ .':/...'''.■'... : .'■ ■...-,-' _1 ■"■ 17 6 South British : ';../.' ...5 8 0 '•'■■•,'S 6 0Standard ..... ... ... 13 9 ", 13 6 FINANCIAL— ,';• < ■ N.Z. «nd River Plate ... 1 9 9 l-g 0 COAL— 1 :.' ■' ' ' '. ' : ' : ;'' : ; ■' \ Hikur*ngi ...... __ 0 16 3 . Norfc. Coal, Ltd., 10a paid - _ .0 16 0 Taupiri Mines, Ltd. ... 1 0 0 — West-port ....... • ... * _ 7 8 0 jas-. - .; • " ■ ■ ;■■ * Auckland .-' ... ... 14 17 0 14 14 0 Thames' ... ... ... 1 18 6 •■• — Giaborne ... ,... ...' _ 2 13 6 WiiaDgarei ... ... ... _ 1 12 6 ratuatua ■ ... ... .,._,' 15 ■ 6'- 1 SHIPPING— ' Northern, paid up V ...;". 018 ; 3 - — ;■ 0 Northern, con.. ... ... — > 0 8 1 •Devonport Steam Ferry...; 1 15 0 1 14 3 TIMBER— I ■ ..: , . Kauri, paid up ... : ... 113 10 9 Kauri, contributing ... 0 7 11 0 7 10 Leyland-O'Brieu, Ltd. ... 2 5 0 '2 4 0 ; : Mountain Rimu, Ltd. : ... 10 6 MISCELLANEOUS— -- * ■'•■ '.,/ Auckland Tramways Co.. - '1 > 3>\ pr # ,. „ ..."'... ~ '...' 1 3 6 M; 3 3 Auckland Tramways, ord. 14 9 —• ' r - D.S.C., Limited , ... ' ... 0 6 9 0 6 3 Hill and Flmnmer, Ltd... 12 0' ' _ '■•• '.. Milne and Choyce, prcf... , 15 0 14 0 •Milne and Choyce, ord. ... 13 9 '-.—': , ; New Zealand Drug,' £2 ... — . 2 10'■ 0 ; N.Z. Portland Cement Co. i 18 0" 1 16 0 Tonson Oarlick, Ltd. ...110" — : •• Union. Oil ..... 1 0 6 • — l . Wiseman and Sons, pref... 110 --;_'. 1 Wilson and.' Co., pref. ... - — 1 8 0 Wilson and Co.', ord.' ... — c . 16 6 .' Wilson and Co., new is- ;!\; sue, preference ... — • 0 8 0 liijINfNU— -. ., ..' - . • ','•: Kuranui ... ' ... ... 0 0 6 ' 0 0 3 ;; vKui-anui-Oaledonlan ; ... 0 1 5 .'•'". 0 1 4 ' "May Queen Extended > ... 0 0 9' — I New Dart '.v ....'"■ "..:' ... 0 0 74 0 0 5 '■, New May Queen ... ,... 0 2 9 0 2 8 i New Moanawiari ... --V...' :, 0 0" "; ■•*-' '" ' New Monowai .; ... ... 0 0 8 ' 0 0 ;64 ■ Now."-Una-': ... ....... — 0 0 3 -New Saxon"... . ,'.'.. ...0 10 0 0 114 New-Sylvia. ,..<... 0 0 5 0 0 4 , Old Albumin ........021" — Southern Queen ..► ... 00 6' — ''•"' Thames ... ...X ... 0 0 9 ' 0 0 64 ; Victoria. ... .... V. ... 0 0 10 0 0 6 Waiotahl ... ... ... 14 6 • 14 3 Waitangi ... - ... ... '■' 0 2 6 ••"- • 020 Watchman *..- .>•'... :■■*-. 0 0 4 0 0 2i Bunker's Hill ... ... 0 0'BJ 0 0 7 Hauraki Freehold '... 0 0 5, 0 02 Kspowai. contributing ... : 0 0 10 — - Old Kapanga ,- ... ...0 12 0.1,1 South. Kapnttja "... ../ 0 0 6' - — Champion, paid up ... 0 2 4 0 2 0 ; Champion, con. " ... .;.-0 13 . ••■'•' 0 0 10 Crown ... ... , - ... 0 6 10 >; 0 6 8 Golden j Belt, paid .... 0 . 0 10 . 0 ,0 li Kirikiri; contributing ... .0 0 .7. .: , ; — . Kom?tn. Reefs ... : ... : 0 19 '. 0 1-8 Maorlland, paid ... ;..,;■ 0 0 ': 3J--., —v'■-■ 'Maorilaiid.'con. '...• ... 0 0. 4 —•'.!'■■ -'-' New Waitckauri ... ... 0 0 -8 .. . 0 ' 0' 6£ Pride of Waihi ... :\.. 0 0 10 «- Rising Run ... ... 0 0 9 • — TairuTi Broken ' Hills ?'«.' 0 44 0 .4 3 Talisman Consolidated].... 1 13: 0 1 12 6; 'Waild .:.'■'.,. .....;..; 9 6 .6 .956 ,:Waihi Beach ' ... ... 0. 0 Si . _ 1 Waihi Consolidated ... 0 17 0 16 Waihi Extended ... ... 0 6 8 0 6 5 I Waihi Grand Junction ...; 2 3 6 . 2,10 i ;■.?■■ Ngatiawa .-.'■...■ ... ... 0 IS 0 1/6