COMMERCIAL.

New Zealand Herald, Volume XLIV, Issue 13454, 3 June 1907, Page 3

COMMERCIAL.

New Zealand Heeaid Office, , Saturday evening. Business was quiet on the sharemarket to- , day, standard stocks being entirely neglected, and only a few transactions in mining aro recorded. Waihis (ex div.) sold at £9, and closed with sellers at £9 Is 6d, buyers at'£B. 19s. Talismans (ex div.) were bought at 335, more, being obtainable at the same figure, with buyers at 32s 9d. Tairua Broken Hills changed hands at 4s, closing with sellers at 4s Id, and buyers 3s lid. BUTTER AND EGGS. The following arc the quotations for butter 'and; eggs for the week ending June 3, as fixed by the Dairy Produce Committee: — Factory butter, lid per lb; separator and i farmers' butter (best), first grade, 6d per lb. Eggs, is 6d per dozen. . j WALL-STREET AND PRESIDENT ' ; .-. ROOSEVELT. . I Although the great commercial interests of the United States are mostly Republican, 'and are therefore more or lcs3 bound to support President Roosevelt, a stro..g disj like has been aroused against him amongst the great financiers of that country. They dislike President Roosevelt because they fear him. They regard him as an incorruptible, public-spirited man, who would like, if he could, by strong administration, to rescue tho United States from the tyrrany of the financial trusts and monopolies, and they therefore accuse him of creating class distinction and of fomenting an intense un-American class hatred. They accuse him of causing discontent with existing conditions, a discontent which will only disappear '• when the soup kitchens bring tho proletariat to its senses." They accuse him of shaking confidence in tne stability _ of American institutions by hasty and illadvised attacks upon corporations and their methods. They say that his speeches about corporate dishonesty aro unfair, that he uses the "big stick" without discrimination against business interests, that ho supports

labour against capital, and that the labour classes of the United States, owing to his dangerous meddling, aro clamouring for all sorts of concessions, to tho detriment of; business and of the shareholders. Owing to him, they say, the spirit of socialism is rampant, business is unsettled, and " the old American spirit of fairness and commonsense" has gone.; Millions of people in the . States now think that the corporations are guilty, and that all rich men are unconvicted ciiminals." ; He is said to be too impulsive, reckless, ill-balanced, too ignorant of business, tod profoundly conceited, too much a believer in brute force, and violence. They say that he is a socialist of the kind that means well, but who "smokes a cigarette in a powder magazine." Finally, - he is stubborn, self-opinionated, careless of law, and fond of theatrical effects. He leaps before- ho looks, and his ideas of centralisation threaten the autonomy of the States. AUCKLAND STOCK EXCHANGE. Saturday's closing prices, are appended, the business done being:—Waihi (ex div.), £9 Talisman Consolidated (ex div.), 335; Tairua Broken Hills, 4?. ' Sellers. Buyers. banks- --.;; £&U - £ ' Sd - New Zealand . ~ 10 5 0 - National ... .•'._■ '59 6 — ; INSURANCE—V " New Zealand '... -490 486 National, •:..;... .;„. 1 .7 6-,»;"■■■ 16 9 South British ... — 5" 5 0 FINANCIAL- '' ■ - : " N.Z. and River Plate ..196 190 COAL— -■-.-'. :• Hikurangi:. ... ...... 017 0 016 3 ' . Note. Coal, Ltd., 10s paid 016 6 ' — ] Taupiri Mines, Ltd. v ... 0 19 6 — --< -j :West.port ......... •-.. 73 0 OAS— * Auckland '... ■■.;•--..'■■ 14 17 0 • 14 14 0' 1 .-- C-isbot-ne 1 ...... .• _ 216 0 ] SHIPPING—* ''•'!,'■/*'.;<;-' " < Northern, paid up ... 017 9 017 0 ' Devon port Steam Ferry... 116 0 114 0 1

TIMBER— ■•' -.*-• ■'-..' .."• ■;:>.;■:-■■:■■: ..-:..';---■; , Kauri, contributing ~ ~",0 8 1 0 7 9 Leyland-O'Brien, Ltd. ... 2 5 0. — Parker-Lamb, Limited ... 1 6 0 — MISCELLANEOUS— Auckland Tramways Co.. ; -. pr , e , f - ,m -- ..I 13 3 129 Auckland Tramways, ord. 14 3 14 0 D.S.C., Limited. ...... 0 6 0 Hill and Mummer, Ltd... 12 0 — : Milne and. Choyce, pref.., 15 0 — Milne and Choyce, ord... 13 6 ■"'■_'-'« :. N.Z. Portland. Cement Co.;'- 1 15 6', v ; ' ; 1 14 0 „ ''*: New Zealand Paper Mills.. >15 0 ■•• '?*■' .' — ' " , ,'Xorson .iCprJick, Ltd. p „-1.0. 6, -."■ _ C Union Oil ... ... 10 6 — g ~ Wiseman and Sons, pref... 110 .'., "_ -. Wilson and Co., pref.;...;',?■'— : 1 7 0 Wilson and-Co., new is- ■ v .'sue, preference, 6s paid.. _ 0 13 0 ii Wilson and Co., 0rd.,'...-— : 16 0 MINING—... .-.'■. •:'. • ... . :■., " -.. ■/.Bonanza, con.- ..,'.1.'..i"---V •.;."' 0' 0 34 V •— '' Halcydn, con. >r ...... .'• 0-2 •';. — ~ '. . Kuranui : ',;.. -.....:' 0 0 7 004 ; Kuranui-Caledonian ■■ '■'-:;'.. 0 1 -"-i>' '■"'•■• 0 10 Magnet, contributing ... 0. 0.- 3 • — .; May .Queen Extended .;. ; 0 0; 9 ■' ■ — . .New Dart ,•■....■'■ ...... 0 0.7 : ' 0 0 4| May Queen, new shares ... . 0 l;,"5 "V 0 13 , , i New -Monowai ... • ... ..O-'O' 9 "i;. 0 0 6 f New.Saxon."... :, ... ', ..." 0- 0, 8£ ■ 0 0 "Ik NeW Sylvia ■-' ...... 0 0.6 . — Old Alburnia • ... : ... 0 1 7 ■■■■' '•, 0 13 Southern ;Queen ... - ... ,0 "0 6. .'"; — ! Thames V . ..*..„'.•"''.;...:' o<: o'' : 9' r " . i Victoria ... ..." ... *0' 09 "Waiotahi . ... ......... -l:- 2 9 12 6 ■> Waitangi •."'.... 0 22 0 16 \ ;;: Watchman ... ... ■ ... ;0 ; 0 3 — ; Bunker's Hill . ...... 0 010 0 0 7 , Hauraki ' Freehold . * Z ... 0 0 4 • ... — ii ; Kapowai,; eon. ...... 0 : 0 8" • — Old'Hauraki- ~'....... 0 0 10' . 0" 0 6 ' Old Kapanga .'•;...-'... 0. 0 8|- ' 0 0 7A I South Kspanga "... .... 0 0 3J — ' Champion, con. '«:" ... ■ '~—-'*, < i'-.'O'O 11 ( Crown '-••-..;.' .., ... 069 0 6 6c Golden Belt, paid '; ... o.l'o. ■''-. 00 84 Kirikiri, contributing ~..'0 0 9 — * Komata Reefs ... ...0 17 0. 16 i New Waitckauvi ... '"' ... 0 0 7 ' 0 0 5 T Pride of Waihi V ... 0 0 9 — Rising Sun ... ...... 00 7J 0 0 7 * Tairua Broken Hills ... 0 4 1 0 311 c ' Talisman Consolidated, ex div. '..: ... ..: 113 0 112 9 c Waihi, ex div 9 16 8 19 0 ? Waihi Beach ... ... 0 0 9 — '■••."• l Waihi Consolidated ... 0 1 7 0 I*4 t Waihi Extended ;.. ... 05 8- 0S 5 }(■ Waihi Grand Junction ... 2 3 0 — * Sunbeam Gold and Silver, '~''' Is 6d paid .... ... 0 1< 0":".' ■ — v Ngatiawa- ....:.. ... 0 13 '0 10 n Malmrahara Copper Mine* 0 13 6 0 10 0 J .H. L. Noakes.v Secretary;.' 1 3 U. A. Buttle, Chairman, g 12.15 p.m., June 1, 1987. . t ■ ■'-.- : .: . c CALL AND DIVIDEND LIST. l< Dividend;. ■ . * ' fi Talisman Consolidated ■...'... 0 10 Now b Waihi ... .. "...;' ... ... 010 Now £ Tonson Gariick, 8 per cent." and 5 per • cent, on shareholders' purchases ... June 4 § Waiotahi ... ... ... ... _ June s'; Hill and Plummer, Ltd. ... 9 p.c. June s*• Mount Lyell M. and U. Co. 0 3 6 June 15 e -" Calls. . " - p Southern Queen, May 29 ... 0 0 1 June 10 iNew Occidental, May 29 ... 0 O'OJJunelOS Trafalgar; ■ May 29 ... ... 0 U 0j 'June 20 "

LOAN AND MERCANTILE AGENCY CO.'S ; REPORTS. The * New Zealand Loan and Mercantile Agency Co., Limited, report:— - On Wednesday, May 29, we held a clearing sale of live and dead stock near I'ironßia, on eccount of Mr. L. Macky ana Mr. J. Hodgaon. A large attendance of . buyers came from all parts of Wstikato and the back country, and wo report one of the best sales held in the district for some time. Choice .dairy- cows, either in milk or near calving, realised irom. £6 15s to £9; two-year-old heifers, in calf, £4 10s to £5 ss; yearling heifers, £2; 2&-year-old fresh steers, £4 12s od. The horses were an extra choice lot, and elicited brisk competition. A medium draught seven-year-old mare, in foal, realised £40 10s; aged active draught mares, £21 to £36 ss; two-year-oid medium draught colts, £19 to £32 10s; medium draught foals, £11 18s to £15; ' two-year-old filly, by Musketry, £18 10s; two-year-old hacks, £10 10s to £14. A reaper and binder realised. £13 10s; double-furrow plough, £9; mower, £12 15s. The furniture, being all in good order, sold at high prices. On Thursday, May 30, at Hamilton- Yards, we had a good yarding of cattle, and better competition than at recent . sales, consei quently everything was sold at the hammer or before leaving the yards, at satisfactory prices, excepting two pens of empty heifers. The beef pens contained 90 odd fat steers and cows, all selling easily at an advance slightly in values. Well-fatted steers realised from £8 8s to £8 15>; lighter weights. £7 Is to £7 2s 6d • good heifers and young cows. £4 10s to £5 12s 6d; aged dairy cows, £3 10s to £4 ss: 24-year-old fresh steers, £4 10s; 15 and 18-months steers. £2 4s to £2 10s; strong good calves, 19s to £1 6s; others, 148 to 165.;, fresh cows and heifers, £2 10s to £3 ss; store cows, £1 12s 6d to £2: dairy cows and heifers, near calving, £4 10s to £6; 240 sheep and lambs penned, and all sold at auction; heavy fat ewes, 19s 3d lo £1 Is; two-tooth wethers. 17s; ewes in lamb. 14s sd: fat and. forward lambs, 12s 9d to 14s; wearier pigs, 7s to 103. On account of Mr. Blackmore we sold : a strong harness horse at £20 ss: aged active mare, £12 10s; and several useful hacks and farmers' horses at from £4 5b to £9 10»; spring rlrav. £8 10s: harness. £2 10s; double bupsrr harness,- £5; D.F. plough, £6 10s; tine'harrow, £2 ss; light waggon, £8 12s 6d.