COMMERCIAL.

New Zealand Herald, Volume XLIV, Issue 13499, 28 May 1907, Page 3

COMMERCIAL.

New Zealand Herald Office, "Monday evening, jBtfSINESS was somewhat slack on the Stock Exchange to-day, especially in the afternoon, ■when only four ? sales wore" effected. In >'■ -'standard stocks a parcel of Taupiri Coal 1 Mines changed hands at 19s, with further t- sellers at 19s 9d, but there were no further t. ■buyers. D.S.O.'s wore Sold at 6s 4d, and moro could have been obtained at the same figure; thero were, however, no buyers. •In mining lines business was done in ,\Vaihis at £9 5s 6d and £9 6s, the market f closing with buyers at £9 ss, and sellers at £9 6s. In Talisman Consolidatcds buyers and sellers came to terms at 33a 3d and 333 6d; more were offered at the latter figure, hut failed to find buyers,, who offered 33s 3d. Waihi Extcndods were dealt in at 6s, further buyers quoting 5s lOd, and further -, sellers 6s Id. Tairua Broken Hills sold at ; 4s, id and 4s; Komata Reefs at Is 8d; New . Sylvias at 4d, and Magnets (cont.) at 2£d. ■i A parcel of New May Queens also changed hands at 2s 9d; more wore- inquired for at 2s Bd, but further sellers demanded 2s lOd. A sale also took place in Waihi Grand Junctions at 42s 6d, with more on. offer at ■■*- the same price, buyers holding out at 41s 6d. ■ ' ■ ' '. . ■ '.;' COTTON TRADE PROFITS.

The first three months of j this year has > been one of the most prosperous periods for ; cotton-spinning . companies in Lancashire ever experienced, Tho results of the stocktakings of various companies "show that large gains have been made. A number of concerns do not issue balance-sheets, but whore figures are available tho profit works out at. about 35 per cent, per annum on tho share -capital. In most oases the dividend paid is at tho rate of 10 per cent, per ; annum. Largo sums, however, havo been written off for depreciation, and the reserve funds of practically all tho companies are steadily increasing. ' On tho wholo, the position of spinners is well maintained, and the margin of profit between the raw cotton and the finished yarn is wide and remunclative. ~ ■,■"■,■...,•■..-. ■-..-•> *'...' ;,'>'•'*:

AUCKLAND STOCK EXCHANGE.- ;; > The following are Monday's closing price*, the sales effected being :—-Taupiri Coal Mines, Limited, ' 19s; D.S.C., Limited, 6s 4d; Waihi, £9 5s 6d, £9 • ~ 5s 6d, £9 6s; Talisman Consolidated, 33s 3d, 33s 3d, 33s 6d,5 Waihi Extended, 6s: Waihi Grand! Junction, 42s 6d ; Tnirua Broken Hills, 4a Id, 4s; Komata Reefs, Is 8d ; "Magnet (contributing),^^, 2sd; New May Queen, 2s 9d; New Sylvia, 4d. . ■•' .-. V tellers. -Buyers. .".•"..•.":■■'■'" ..■•.-.■r.fi-.8. d. .":- £ ». d. : BANKS-' ,'""•:"•'• r " ■'■ New Zealand . ...... 10 10 0 10 5 0 : , .National , ... • ... " ... 510 0 ."' — -'.-■!. INSURANCE— New Zealand '■ ... ... 410 0 4 8 6 ' South British 5 8 0 — . Standard 14 3 — :-0 FINANCIAL— ■. . N.Z. and River Tlate ... 1 9 9 19 0 COAL- ■ Hikurangi ... ... ... — 016 0 Nort. Coal. Ltd., 103 paid. 0 16 6 016 0 Taupiri Mines, , Ltd. ... 0 19 9 _ :■-*•;. Westport ... ... ... — 7 8 0 GAS— Auckland : ... ... ... 14 17 0 14 14 0 Paliiatua ... ...... — 16 0 SHIPPING— Northern, paid up, ex div. 017 9 — ... : Devonport Steam Ferry... 1 16 0 1 14 3 TIMBER— ' ■•'■'..•- . . '■"•■-'.■ .■■ ■; .. .Kauri, paid up ... ... 1 2 0 Kauri, contributing' ... 0 8 1 — > Leyland-O'Brien, Ltd. : : .':.1:,.2 "5 0 ; '" 2 4 0 Mountain Rimu, Ltd. ... — 110 .'■■ Parker-Lamb, Ltd., ex div. 16 0 i — MISCELLANEOUS— | • Auckland Tramways Co..' pref. ... ... ..: 13 6 13 0 ", Auckland Tramways, ord. I'4'9 " 14 0 D.S.C., Limited ... • ... 0 6 4 — Hill and I'lummer, Ltd,.. 12 0 —; , Milne and Choyce, pref... 15 0 '• '-— ■ New Zealand Paper Mills 15 0 ■■_<■: •.• Tonsoh Garlick, Ltd. ..,110 — Union Oil ... ... 10 6 —: Wiseman and Sons, pref... 11 .0, _ ■ Wilson and Co., pref. ... '~— ■' 18 0 Wilson and Co., ord. .... —~'■■.." '1 66 Wilson «nd , Co.; new. la- < .... ■■■■,'■'■■" • .- "-.sue, preference;.... ■"■„., .„ .<. — ~ ©80 . ' MTCING— ' . ■ •/"-. , ... . /■■ . 'BoiiinWi contributing ... 0 0 -a — ' BSJeyou, con. ... '•■■■ 0F?. .. uj. fforami ... :..■'• ... 0 0 7 " .- '—' ...';■ ;Kunthui-Caledonian ... 0 14 012, \ -Magnet, contributing ... o*o •2£ --, — ■ May Queen Extended ... 0 0; 9 1',.-.•• ■— ; . New Dart ...v ... .... 0: 0 7£ — , New May Queen ...... 0 2,10 . "0 2 8 ' . New : Moanatoiari ... ... 0 0 8- . 0 0 5 New Monowal ... : ; .... 0 0 9 ' " 0 0 6 • New Saxon ... ;.. .... 0 010 0 0 8. New Svlvia v : ...'.;... ! 0 0.-5 00 31; Old Albnrnia ... ... 0. 16 0 13 .. Soutliera Queen ... '-■:,'i.. 0-0 5 - *. — .'., Thames ... ,iV. . ... 0 0 9? 0 0 7 . Victoria' ... ..... 0 010 0 0 7 Waiotahi r ... ...... 1 4 0 ' 13 .:■ Waitangi '... ;"■'...,■'... 0 2 6 — Bunker's Hill -'.'■ ...,:. 0 010 0 0 8' -, • Hanraku Freehold t - -■ ... -0. 0 5 "0 0 2 .' ', - Kapdwai, - contributing ... 'o■olo ■' " — ■ Old Hauraki ... ... ..,-'-—.« '00 5'J Old Kapanga . .'..... 0 011 0 OR. South Kapanga ' ...... 0,0.6 ,0 0 2 ; Champion, paid up ... 0 2 6 ' —' Champion, con. ... ... . — 0 011 Crown ... :.. ... 0 7 0. 069 Golden Belt, paid ... _ 0 0 7£ Kirikiri, contributing ... 0 0 8 — •■"..,".Kwna'ta Reefs'. ... .... 0.1 0 17 Maoriland, con. ... ....0 0 4 __ New Waitekauri ....... 0 0 84 — Pride of Waihi ...0.0 9. — ; ■ ■■■■■■■■■ Rising Sun V .... :.• .... ... .'•■■—■ 0 0 7 -Tairua Broken Mills. ... 0 4 0. 0 310 Talisman Consolidated ... 1 13 6 1 13 0 Waihi ...... 9 6 0 9 5 0 .Waihi Beach ... ...009. — ' Waihi Consolidated ... 0 16 0 15 .; Waihi Extended ... ... 0 6 1 0 510 , ..Waihi Grand Junction ... 22 6 2 16 'v.;-.;■'■ Ngatiawa .... 0 13 0 0 9 Mabarahara Copper Mines 014 0 011 0 ~':■'.; 11. L. Noakes, Secretary; G. A. BCTTiiE, Chairman. 3.15 .p.m., May 27, 1907. .-, , • '■",....:' ' CALL AND DIVIDEND LIST. '• .. Dividends.'. ': : , , Parker- Lamb Timber Co., . per annum ... ... ... lOp.c. Now Talisman Consolidated ... 0 1 0 June 1 : Waihi . ... ~. ... ... 0 3 0 June 1 Waiotaoi,. ..... ~-. ... ... — June 5 Mount Lyeß M.-and R. Co. 0 3 6 June 15 Calls. , ; ~ < ~ - ' New Bunker's Hill, April 23 ... 0 0 1 Now, Thames, May 15 ... 0 0 1 " Now *>eiv Dart, Slav 13 ... ... 0 0 1 Now Old Kapanga, May 6, ... 0 0 1 Now

1 HIGH COMMISSIONER'S MARKET REPORT. [ire telegraph.—press • ASSOCIATION.] Wellington, Monday. The "Department of Industries and 'Commerce has -received the following; cablegram from the nigh Commissioner, dated London, May 25:— ftp mutton market is steady, with better demand. Canterbury is quoted at M; North Is- ; land, 35d. • 'The iamb market is firm arid there lias been no ;.'". ': i'-. clang" in rric«3. . ■■, ' Tlie beef market is firm owing to reduced supi plies. Hindquarters oris quoted at 3Jd; fore- * . ■,;>, quarters, 3JO". . I- . 'Jho butter market is dull, only fine quality being in demand. Choicest New Zealand, 99s to ■ 105s; Siberian, 90s. ■' ' . : : ■;;.-■'. - The (.iieeßo market is steady, with no obivngc ...■;"}: price. ;;.. ■,-.-; .', . . ■'_"' •:,. s , The liPtnp market- is quiet, with small business **>!?. Reports from Manila indicate .that there » * disposition to sell for distant delivery. Some Miners of hemp ore forcing sales. Good fair grade, on spot, is in small supply and is emoted .-.* .at £34 ; fair erode, on spot, £29 10s; fair grade, • May to July shipments, £29 fair current Manila, on spot, £36 10s. . . .There has been no alteration in the cocksfoot : «cd market. .

■ WELLINGTON PRODUCE MARKETS. ' tßt TEIifeGRAPIL—OWN' CORRESPONDENT.] • Wellington, "Wednesday. There has been 'a ■particularly good, demand ■■■■::■;■ ° u "Dg.the, week for Auckland apples,, the beat • varieties realising up to 10s 9d per case; others, • mto Be. -Cooking apples brought 4s to 6s per ~«■*>.; The prospects are very good. Dessert pears .- •or m keen demand at 9? to 10s per case for best ■■•',■.'•. *J0 .or ; stewing 5s to 6s is obtained.. Passions, .. ; .™ ">.-3» 6d per box; lemons, 4s to ss'per case; ,: -grape*, Is per lb; 'persimmons, 4s to 5s 'per case; ■■•;■;.- .V.vjWaragua, 9d to Is per bundle; tomatoes,-4s to >.«« Per box. Cauliflowers are in strong demand, X; "» vln K realised recently up to 19s per sack. Sup- •; ~; Pile* are wanted, with excellent prospects: Cab- • ..,-,S ; les are worth 5s to 6s per sack; French ' mm, 6s to 7a 6d per half-sack ; lettuce, 3s 6d ■''''. Mod per 9in case; Brussels sprout, 8s to 9s ' '■;■ ™»-Mck. ; Onions are in heavy supply at 5s Iv '-' v ' t; picklers, '6s 6d to 7s 6d per cwt. 'uraiaras arc worth 6s to 6b 6d per cwt-. Totfr- <**: Local whites. 8s per cwt; reds, 4s to 4s 6d. jap: Fresh, 2s 2d per dozen ;'■ preserved, Is 3d, wren « good demand. i ■ LONDON. . _.. ■• . ,: By Telegraph.— Press Association.—Copyright. • London, May 26. " j . raa " n meat: Sheep—Canterbury, light 4id. me- ■,, ■■~«(«'» 4 l-i6d, heavy 3|d; Southland, 3|d ; North ■ ; i- : ;;. ; ;»««M, Si-d-, beat brands, 3 '13-l6d, Lamb— ' it', °Y\y." light bkd. medium 53d, heavy sgd; , southland, s|d ; North island, sld. New Zealand , , I,*} """fair.average quality, 1801b to 2201b—Ox <- ; . -l. Us, ,i d; ox hinds, ted. River Plate sheen, .:,;i • ; 3id >' 3 -id, light ? 'i d , bee *> fores 3 3-16 d, hinds I ?ft H< ' m l'' Market flat and prices show from 15« to '"* decline. > 34*31?* : Australian : cargoes have bee 1 'sold at i ' menti ? 35 * 9d ' Australian June and July ship-|'|.":.;-/;V; ■ • p UB » OuS.': • '■■-- '• SeaT'* Market firm and £24 is asked for .South V&-V or > > s l"'*. £102; three months, £99 10s. [V , *«• On spot, £192; three months, £187. ■ : V, SlP''' : r M^:- : ■ '.'.■ : '. ' ' : ;""";.'■ ,