COMMERCIAL.

New Zealand Herald, Volume XLIV, Issue 13501, 27 July 1907, Page 3

COMMERCIAL.

A fair amount of business was transacted on the sharemarket yesterday at prices which show littlo change on recent quotations. In standards National Banks changed hands at £5 Bs, and closed with sellers at £5 9s; buyers. at £5 7s. New Zealand Insurances sold at 85s, there being further sellers at ; 86s, buyers offering 83s. Taupiri Coals were : bought from 20s 6d to 20s 9d, late sellers ' asking 20s 9d, with buyers at 20s fxl. Kauri Timbers (contributing) made 7s lid, with sellers at 8s Id, buyers at 7s lOd. In miri- ; ing WaihiY sold at £8 14s, at which figure . more were wanted, .sellers holding for £8 14s 6d. Talismans were dealt in from 44s . 3d to 44s 6d, there being more obtainable at 44s 6d, buyers quoting 445. "Waiotahis ; were bought from lis 6d to lis lid to lis 9d ; to 12s, closing with sellers at lis 9d, buyers at lis 7d. Waihi Extended* made 5s Bd, and closed with late sellers at 5s 9d, buyers at 5s 7d. Tairua Broken Hills sold from 5s 6d to 5s 7d, there being further inquiry at ss'7d, and sellers at 5s Bd. Waitangis • brought from 3s lOd to 3s 4d, and closed with sellers at 3s 4d, buyers at 3s 2d. May Queens were had at Is, late sellers wanting Is Id, buyers at lid. Now Darts were done tat 4d, late sellers sd, buyers at 4d. New i Monowais made sd. late sellers 7d, buyers |at 4£d. Golden Belts (paid) sold at Is 9d, and more were wanted at Is 9d, sellers alls lOd. Komata Reefs were bought at Is I 6d, closing with sellers at Is. 7d, buyers at jls sd. Tairua Triumphs sold from 5Jd to 6d, late sellers at 6d, buyers at sd. Nga- ! tiawas made Is Id, and closed with sellers j at Is 2d, buyers at Is. |AUCKLAND STOCK EXCHANGE. BUSINESS DONE YESTERDAY. , ' Previous dav'j • closing sale. National Bank—2nd call, £5 8s; 3rd call, £5 8s — New Zealand Insurance—2nd call, £4 5a — ' Taupiri Coal—2nd call, 20s 6d, 20s 9d — Kauri Timber (con.)— call, 7a lid ... — Waihi—3rd call. £8 14s 3 14 0 Talisman Consolidated—2nd call, 44s 3d, 44s 6d ... ... " '. ... 2 4 3 Waioto;ii_2nd call. lis 6d, lis lOd ; 3rd call, lis 9d, 12s 3 11 6 Tairua Broken Hills— call, 53 6d; 3rd call, 5s 6d, 5s 7d 0 5 7 Waihi Extended—3rd call, 5a 8d ... 0 5 7 Waitangi—2nd call, 3s lOd ; 3rd call, 3s sd, 3s 4d 0 4 0 May Queen— call, 13 — New Dart—2nd call, 4d ... ... 0 0 4 New JTonowai— call, £d — Golden Belt (paid)—2nd call, Is 9d ... 0 1 9 Komata Reefs—2nd call, Is 6d — Tairua Triumph—2nd call, 54d ; 3rd call, %d, 6d ... ... ... — Ngatiawa—2nd call, Is Id 11 CLOSING QUOTATIONS. Sellers. Buyers. £ b. d. £ a. d. BANKSNew Zealand ... ... 10 14 0 10 10 0 National ... 5 9 0 5 7 0 INSURANCE— New Zealand ... ... 4 6 0 4 3 0 National ... — 15 3 South British 5 8 6 — Standard ■ ... 12 9 119 FINANCIAL— ■ N.Z. and River Plate ... 1 8 9 18 3 COAL— " Hikurangi ... — 0 16 3 Nort. Coal. Ltd.. 10s paid 0 15 6 015 2 l Taupiri Mines, Ltd. ... 10 9 10 6 GAS— ' . . " ! 'Auckland ... ... ... 14 17 0 14 14 0 -' Ohinemuri L. and P. '..-. 019 0 ' — SHIPPING— •' ; Northern, paid up ... 0 16 10 — Northern Steam, con. ... 0 7 8 0 7 3 Devonport Steam' Ferry... 1 14 6 1 13 0 TIMBER— Kauri, paid 'up ... ... — 12 6 Kauri, contributing. .... 0 8 1 0 710 Leyland-O'Brien, Ltd.' ... 2 6 0. 246 Mountain Riniu, Ltd. ... — 12 0 MISCELLANEOUS— Auckland TramwaTa Co.. pref. ... ... ..'. 14 3 — Auckland Tramways, ord. 14 9 14 0 D.S.C.. Limited ...... 0 6 4, 061 lI.M. Arcade Theatre Co., ord. .... 0 18 6 018 0 Milne and Choyce, pref... 15 0 ■ — , New Zealand Drug, £2 ... — . 210 , 6 i N.Z. Portland Cement' Co. ,1 15 0 ,1 14 o', ! "iNew Zealand Paper Mills 13 9 --..,•— . 'Tonsrin Garlick. Ltd. ... 1 0 3 — , > ..Wiseman and Sons, pref. 110 — ' , Wilson's Portland Cement Co., pref. ... ... 1 13 6 1 11 6 .Wilson's Portland Cement Co., new issue, pref... 0 13 6 011 6 Wilson's Portland Cement Co., ord. ... ' 1 10 3 19 6 DEBENTURES— :•';.."• New Zealand Government 4 'percent.' ..'. ... S8 0 0 — Auckland Harbour Board, 4|;per cent. ... / ... — . 100 0 0 MINING— ,';.■■'•::.'., Bonanza, paid 0 0 7 — Bonanza, con. ;.. ... 0 0 4' 0 0 2 Kuranui 0 0 7 — Kuranui-Caledoniau ... 0 011 0 0 9 May Queen ... ... v ... 0 1 1 0 011 May Queen Extended ... 0 0 7 — New Dart ... .-..,.• ... 0 0 5 0 0 4 New Moanataiari 0 0 3J 0 0 2i New Monowai 0 0 7 0 0 4i New Saxon ... 0 0 10 0 0 8 New Svlvia ... - v . 0 0 5 0 0 4 • Old Albnniia •• ... ... 0 14 — .Southern Queen 0 0 3-i 0 0 2 Thames 0 0 8 0 0 5 Victoria ... ... 0 0 S — Waiotahi ... 0 11 9 0 11 7Waitangi 0 3 4 0 3 2 Watchman ... ... ... 0 0 5 0 0 2* Mount 'Zeehan, paid ... 0 3 0 Mount Zeehan, con. ... 0 1 1 — Bunker's Hill 0 14 0 12 Haurald; Freehold " ... 0 0 4 0 0 2 Old Hauraki ... ... 0 1 2 0 10 Old Kapnngn 0 0 4 0 0 3 South Kapanga 0 0 3 — Champion, paid up ... 0 2 0 — Champion, con 0 10 — Crown 0 7 3 0 7 1 Golden Belt, paid ... 0 1 10 0 19 Golden Belt, con. ... 0 1 10 0 18 Kirikiri, paid ... ... 0 13 — Kirikiri, contributing ... 0 0 s£' — Komata Reefs ... ... 0 17 ,0 1 5 New Maratolo 0 0 9 0 0 4 New Waitiikiuiri 0 11 0 10 Pride of Waihi 0 0 8 — Rising Sun 0 0 7J 0 0 6£ Tairua Broken Hills ... 0 5 8 0 5 7 Talisman- Consolidated ... 2 4 6 2 $ 0 Waihi 8 14 6 8 14 0 Waihi Beach 0 10 0 0 6 Waihi Consolidated ... 0 1 2 — Waihi Extended 0 5 9 0 5 7 Waihi Grand Junction ... 2 1 0 1 18 6 Durbar 0 16 — Tairua Triumph, 3d paid... 0 0 6 0 0 5 Tairua. Triumph, 6d paid... — 0 0 6 Sunbeam Hold and Silver, Is 6d paid 0 0 8 — Ngatiawa ... 0 12 010 CALL AND DIVIDEND LIST. Dividends. Hikurangi Coal ... 10 p. Now New Zealand Insurance C 2 G Aug. 14 Talisman .. -010 Aug. 1 Calls. Waihi. Gladstone. July 3 ... 0 0 1 Now - • Kapowai, .July 3 0 0 1 Now Sunbeam, July 8 ... 0 0 1 Now New Waitekauri, July 12 ... 0 0 1 Now New Sylvia, July 9 .. ... 0 0 1 Aug. 6 New Moanataiari. July 8 ... 0 0 0i Aug. 10 ' Victoria, July 22 : 0 0 1 Aug. 14 ] May Queen, July 23 ... 0 0 1 Aug. 15 , Ngatiawa, July 16 ... ... 00 1 Aug. 17 > Old Kapanga, July 16 ... ... 0 0 1 Aug. 17 , Sunbeam, July 16 0 0 1 Aug. 24

FRUIT AND PRODUCE MARKETS. Business on the local fruit and produce markets has been rather quiet during the past week, and supplies generally were fully up to present requirements. Heavy, supplies of potatoes still continue to arrive from Tasmania and Sydney, with the result that nc profit has practically been made by importers. As for locally-grown, a small quantity is still in the hands of the growers, but owing to the superior quality of Tasmaniau and the present low rates ruling for the latter they were practically unsalable. Moderate quantities of seed varieties were offered, but. there wero no buyers. Onions were in fairly heavy supply from different local growers," all of which have been held too long, and, requiring immediate and forced sales, bad to be quitted at very low prices to prevent a. total loss. The prices realised were lower than could have been obtained a. month ago. For all inland and shipping orders it has been necessary to import from Victoria owing to their betterkeeping qualities. Green vegetables were in fair supply and realised good prices, whilst pumpkins were hardly salable.- Horse carrots showed a considerable improvement, and were in demand at higher rates, as did also first-class local and imported chaff, whilst there was no change in grain, m dairy produce there was about the ordinary supply of farmers' butter and fresh eggs, both oi which sold under keen competition. The market for butter generally is firm and prices are higher than was expected when the j winterseasbn opened. There was plenty of cheese i offered, but sales were difficult to effect at the very high prices asked. Bacon and hams were dull of sale, and' the quantity offered is beyond immediate requirements. The fruit market was well supplied, including heavy shipments of citrus varieties from Sydney, and prices showed a marked improvement on former values. Although . Island oranges were scarce, their place was taken by the Sydney shipments, all of which were in good order." Mandarins from Sydney came to baud in good condition and sold satisfactorily. The banana market was left rather bare owing to the Manapouri only bringing a small consignment trom Fiji on Monday, and these, being iu very good condition, were immediately quilted at high prices. In apples shipments from Tasmania on Monday were landed in very fine order, but being very, much below

the quantity expected prices firmed considerably. One special shipment sent by one grower direct realised lis per ease, whilst ordinary lots from dealers brought up to Bs. Port Albert apples were sent in in lens quantities than during the past- few weeks, and, prices were higher. Local lemons, Poor Man's orange*, and email and inferior St. Michael's from Whaugarei came to hand. The latter, however, only realised a little over the cost of freight and carriage. Poultry were penned in fair numbers and were generally of good quality, values being nigher. The following were the ruling prices at the auction sales yesterday :—■.■: Field Produce.—Potatoes: Local, fable, unsalable; do., Tasmanian, prime, £5 to £5 5* per ton; do., poor, £4 to £4 Ids; seed varieties, £6 to £7 (nominal). Onions: Local, £3 10s to £5 10s; do., Australian, £7. Chaff: Superior local, up to £5 10s. Dairy Produce.Farmers' and separator butter, Bid to lOd per lb: do., milled, in bulk, for export, 8d; do., pastry, Bd. Eggs: Fresh, Is 2Jd to Is ?d per dozen: do., pickled, Is. Cheese: Farmers', 4d to 5d lb: do., factory, large. 6jd ; do., loaf, 7d to 7£d. Bacon: Factory, 7id. Hams: Factory, 7Jd to 8d; do., clothed, 9d. Fruit.—: Local, dessert, first grade, Ss to 9s per case: do., seconds, 6s to 7s; do., cooking, 8a to 9s; Hobart, choice, lis; do., medium, 8s; do., poor, 7s 6d. Grapes: Indoor,' present season, 3s lb; do., new crop, 2«. Tomatoes: Hothouse, Sid-to lOd lb; do., tree, 4s to 5s box. Oranges: Local, Is 6d to 3s per case; do., Island.. 6s to 10s; do., Sydney, 3s to 3s 6d. .Mandarins : Sydney. 3s to ss. Lemons : Local, prime, 3s 6d. io"ss; do., rough and coarse, 2s to 3s. Passion-fruit: Sydney, 4s to ss. Bananas, 4s to 5s bunch : repacked, ljd to 2d lb. Pines: Queensland, 5s to 6s case. Cocoanuts, 12s sack. Poultry.— Is 8d to 2s 3d each; table roosters. 2s to 4s. according to age and weight ; ducks, Is lOd to 23 9d ; geese, 3s 6d to 4s 6d. MESSRS. C. B.KINGSWELL AND CO.'S REPORT. At'our weekly sale we again ottered an extra large catalogue of hides, ckins. tallow, etc. Hides : Market firm for all well-flayed and conditioned; cut and scored hard to sell. We quote —Extra stout, 7Jd to BJ,d; stout, 6Jd to b}<\; medium, s£d to 5Jd ; light, sijd to 5Jd : cow, 5d to aid; kip, sid to 5J,d ; calf, 6d to 6jd; stag, 3Jd to 4d; damaged hides. 2d to 3id ; cut- and scored, id to Id per lb less. Sheepskins: Butchers', large 5s 6cl to 6s, for good lines 4s lOd to 5s 3d, small 4s to 4a 6d, damaged Is 4d to 2s 6d each. Tail.?, Is 8d per dozen. Horsehair:' Tail, Is 6d to Is Sd; mane, 9d to lOd per lb. Tallow, in casks : Good, 27s to 27s 6d ; seconds, 23s to 24s 6d per owt. Rough fat, ljd per lb. Bones: Dry, £4 15s per ton. CHRISTCHURCH PRODUCE MARKET. [BY TELEGRAPH.—-PRESS ASSOCIATION.] OuniSTCHUncn, Friday. There is a quantity of both wheat and oats offering locally, but the prices disked (4s 6d for wheat; and 3s for oats at country stations) are above' buyers' limits. LONDON. " By Telegraph.—Press Association.Copyright. •' (Received July 26, 10.46 p.m.) Londox, July 26. BANK OF ENGLAND RETURNS. The Bank of England rettfrns for the week are as -follow,:— bullion, etc.,. £35,125,000; reserve, £25,549,000; proportion of reserve to liabilities, 47.16; notes in circulation, £29,351.000; public deposits, £8,103,000: other deposits, £46.007,000; Government securities, £16,584,000; other securities, £30,069.000. . MONEY MARKET. Three months' bills are discounted at 3jj per cent. CONSOLS AND COLONIAL STOCKS. Consols, £83?. New South Wales 3£ per cents., £100 ss. New Zealand 4 per cents., £107 15s; 3£ per cents., £99; 3 per cents., £87 ss. Others unchanged. : WHEAT MARKET. . The Director of Government Farms in Canada estimates the wheat yield of Manitoba and the North-west at from two-thirds to three-fourths of the full crop. The warm weather has quietened the wheat markets and slightly lowered prices, although it is certain the harvest will be late in Britain, France, .and Germany, and the crops of all European countries, except Russia, will be unequal to 1906. Cargoes sold quietly till to-day, when four cargoes were disposed "of at from 34s to 34s 6d. FLOUR. Flour is dull and buyers are inactive, anticipating lower ; prices. Australian June and July shipment is offering in Glasgow at 26s 9d. ■• • ! BUTTER. The butter market is slow. Colonial ia unchanged ; Danish, Ills to 112s. CHEESE. Cheese is firm. New Zealand, 60s to 61»; new Canadian, 56s to 58s. METALS. Copper: On spot, £94 10s; at three months, £87. Tin: On spot, £183 ss; at three months, unchanged. Lead, £21 ss. . ■'"■..■• ' Iron, 58s 6d. SUGAR. . German, 9s 9d; first marks, ll«4d. WOOL. The Bradford wool market is dull. Common sixties, 27d; super, 28d.