COMMERCIAL.

New Zealand Herald, Volume XLIV, Issue 13523, 22 August 1907, Page 3

COMMERCIAL.

The shareniarkefc was fairly busy yesterday. In standards Now Zealand Insurances sold at 345, late sellers asking 84s 6d, with buyers at 83s 6tl. Taupiri Coals were done at 20s 6d, more being wanted at same price; sellers 20s 9d. Northern Steams. (cont.) sold at 7s 9d, with late buyers at 7s Bd, and no declared sellers. Auckland Tramways (ord.) were done at 24s 4d, with further demand at 245; sellers 24s 69. Wilson's Portland Cements (pref.) had sale at 30s M, at which price more could have been placed, sellers asking 31s 3d. In mining* lines May Queens changed hands at Is. New Darts sold at from 6d to 6j,d to 6d to 6|d, sellers closing at 7d, buyers at 6*d. New Sylvias had sale at 6d; Old Kapangas at lid; South Kapangas at lid ; Crowns at 7s 3d; Pride of Waihis at 6d ; Rising Suns at lOd; Tairua Triumphs (cont.) at sd; and Ngatiawas at Is 3d. Talismans changed bands from 47s 9d to 47s 6d to 48s, closing firmer with sellers at 48s 6d, and buyers at 48s. Waihi Extendcds sold at 5s lid and 6s, with late sellers at 6s Id, and buyers at 5s lOd.

AUCKLAND STOCK EXCHANGE

' BUSINESS DONE YESTERDAY. Previous' days' closing sales. New Zealand 11*11 ranee— 2nd and 3rd =*»s, 84s 4 10 Taupiri foal Mine*—2nd and 3rd calls, 20s 6d ... _ Northern Steamship (con.)— 2nd call •7s 9d 0 7 9 Auckland Tramways (ord.)—3rd call, 2<s M ... " 14 6 Wilson's Portland Cement '(prtf.)— 3rd call, 10* 9d -_ May Queen— and 3rd call*. Is ..00 11', New Dart-- call, bd, 6Jd ; 3rd call, M. 6id ' 0 0 7 New Sylvia— and 3rd rails, bd ... 0 0 6 Old Kapanjra— call, ljd ... — South Kapuiifta—3rd call, lAd _ Crown— call, 7a 3d ... __ Pride of Waihi— 3rd call, 6d [ _ Rising Sun—2nd call, lOd ... ... 0 0 9), Tairua Triumph (con.)—3rd call, ad — Talism-in—3rd rail, - 47s 9d, 47s 6d 4Ss .2 7 9 Waihi Extended— 3rd call, 5s lid. 6* ... — Ngatiawa— 3rd call, Is 3d ... _ CLOSING QUOTATIONS. Sellers Buvsrs. BANKS- £sd £ '" d - New Zealand 10 10 0 — National 080 5 6 6INSURANCE— New Zealand 4 4 6 4 3 6 South British 5 9 0 5 8 0 Standard 12 9 12 0 FINANCIAL— N.Z. and River Plate ... ,1 9 3 19 0 COALHikurangi ... _. olb 0 Nort. Coal, Ltd., 10? paid 0 15 6 0 lb 0 Taupiri Mince, Ltd. ..109 10 6 GAS— Auckland 14 7 0 14 5 0 SHIPPiNGNorthern, paid 111. .. 016 9 016 0 Northern, con. ... ... 0 7a Devonpoit Steam Ferry... 1 14 0 — TIMBER— Kauri, paid up ...... — 12 9 Kauri, contributing ... 0 7 10 0 7 8 MISCELLANEOUS— Auckland Tramways Co., » pi ',f" ,m "- ••"•••• 14 3 13 9 Auckland Tramways, ord. 14 6 14 0 D.S.C., Limited ". 0 6 2 0 6 0 Hill and I'lmnmer. Ltd.... 110 — -Milne and Choyce, pref... 14 6 — Milne and Choyce, ord. 12.6 110 N.Z. Poitland Cement Co. 1 18 6 1 17 9 Northern Boot 0 li 0 0 10 0 New Zealand Paper Mills 14 0 13 9 Sharland and Co.. Ltd. ... 1 2 6 Union Oil ... ... 10 0' Wiseman and Sons. pret... 0 IS 0 017 0 ' Wiseman and .-ions, old. 0 12 6 0 11 0 Wilson's Portland Cement Co.. pref. ... 1 11 3 1 10 9 ' Wilson's Portland Cement > Co., ord 19 0 — MINING— Bonanza, paid 0 0 7 0 0 3 Bonanza, con 0 0 '/.i. 0 0 2 Kuranui 0 0 9 0 0 8 Kuranui-Caledonian ... 0 1 0 0 0 9 May Queen ..: ... 0 1 1 010 New Dart ... • 0 0 7 0 0 6A New Moanataiari ... * ... 0 0 6 0 0 3" .. New Monowai ... '... 0 0 ':h 005 New Saxon ;.. 0 0 IDA 0 0 10' New Sylvia ... 0 0 6.', 0 0 5-!, Old Alburnia. Oil 009* Thames 0 10 0 0 9JI Victoria 0 0 tii ■ 0 0 3 Waiotahi 119 0 0 9 10 Wait-ar.gi 0 3 0 0 3 2 Watchman ... 0 0 3', Mount Zcehan, eon. ... 0 010 0 0 8 Hauraki Freehold ..004 003 Kapowai, con ■- 0 0 4 Old Haurnki Gold Mines 0 13 0 11 Old Kajjanga .'.. ... 0 0 2 0 0 1; South kanting-a 0 0.: 0 0 1 : Champion, paid up ... 0 2 0 — . ! Champion, eon. ... ... 0 1 0 — j Crown 0 7 6 0 7 2' Durbar 0 li 6.; 0 ft j^ I Golden Belt, paid ... 0 2 0" 0 1 11 j Golden Belt, eon. . ... - - 0 1 10 j Kirikiri, contributing ..". 0 0 4J. 005 Komata lUli.s 0 1 s""_ 0 14 New Waiti'kauri 0 12 0 11 Pride 0: Waihi 0 0 V 0 0 ft Rising Sun : 0 • 0 10.', 0 0 9.'. ' Tairua Broken Hills ... "0 0 4" 0 6 2" j Tairua Triumph, con. ... 0 0 5 0 0 4,' j Talisman Consolidated ... 2 8 6 2 8 if Waihi 9 0 0 a 19 0 ; Waihi Beach, 0 0 9 0 0 6 Waihi Consolidated ... — 0 0 10j Waihi Extended 0 0 1 I) 5 Jo" Waihi Grand Junction ... 2 2 0 2 0 0 Ngatiawa 0 14 0 12 CALL AND DIVIDEND LIST. Dividends. Waihi 0 3 6 Sept, ?. Calls. *. ■ ■ Sunbeam. July 16 0 0 1 Aujr. 24 New Saxon, August 8 0 0 Oj .\u-'. 26 New Waitekauii, August 15 ... 0 0 1 Aug. 20 Thames, August 19 -...001 Aug. <.i Whanguroa Amalgamated Cop- . < per Co., August 13 0 0 6 Aug. 30 Waihi Beach, August lb ... 0 0 1 Aug. 31 New Saxon, August 16 0 0 bi, Sept. 2 Golden Cro»-, August 16 ... 0 0 1* Sept. 9 Kapowai, Aligns; I 0 0 1 Sept. 10 tt'aibi Consolidated, August 19 0 0 1 Sept. 6 Taihoa, August 19 0 0 01 Sept. 5 Old Albumin. August 19 ... 0 0 l" Sept. b Reliance, August 20 0 0 1 Sept. » SALE OF JERSEY CATTLE. [DV TELEGRAPH.—I'IIESS ASSOCIATION.] New Plymouth, Wednesday. Events would seem to show that in Tarnntiki at least there is no disposition to rely on the statement oft repeated lately, that the demand tor the Jersey breed of cattle is a passing craze likely to go out of fashion. At an unreserved sale of Mr. Watkins' Jersey strain here to-day, prices were realised which it is believed establish a record for the colony. Pedigree cows in milk sold one.at £30 and two at .£4O each; pedigree springing cows sold at, respectively, £25, £43, .£24. £36, £31, £29. £14, £44, £35, £55, £45, £22, and a four-year-old cow by Goldfinch realised £104. Sprinsrins heifers made £22, £24. £27. £39, £46; yearling heifers, £19, £21, £22. £24, £27, £28, and calves £6, £16, £15, £18, £20. £23. £21. £19, £17, and £40. The imported pedigree bull Yankee Sweet fetched £125. and other bulls from seven months to two years sold at £12, £15, £17, £21, £23. £26, £31, £38, £46. A large number of yearling heifers brought from £4 os to £10. Buyers bulled from all over the West Coast, and the purebred Jersey herd is being sold to-morrow.

ADDINOTON STOCK MARKET. [BY TELL-OltAl'H.—rilES3 ASSOCIATION".] CHEISTCHCTRCn, Wednesday. At the Adding'ton live atock market to-day, there was a moderate entry of stock and a good attendance. All classes of sheep, except unfinished fats, fat cattle, anil pigs, sold well. Store Sheep: The entry of store sheep was made up principally of hoggets and aged and inferior ewes, There was a good demand for all son.-, and prices were firm. Among the sales were:—Ewes, 70 lull-mouth at 18s Id. 80 six and eight tooth at 14a 9d, 181 twotooths at 14s cd, 327 at 13s, '12 at 12s 3d, 67 aged at. 10s 3d. other lots, 9s to 13» 6d; Hogget.-;, 31 at lbs 2d, 01 at 14s 2d, 108 at 14s sd, 30 at 13s 9d. 64 at 13s Cd, 177 at 13s 3d. m at, lis 2d. 71 at lis 2d; ■ wethers. 33 at 19s. 49 at 13s lOd, and 85 at 15s Bd. Fat Lambs: There was a small entry of fat lambs, and they were in good demand, prices for the best sorts ranging from 14s to 21s 6d. Fat Sheep: There was a moderate yarding of fat sheep the hulk of which consisted of wether:-:, and of these a considerable proportion was unfinished. The export buyers were not operating, but there was a fair demand for prime sheep. The unfinished sheep were neglected by the butchers, and had it not been for the operations of graziers, there would probably have been a serious decline in price*. As it was. they were not so firm as last week for anything but really prime iheep. 'I iu range of prices was: Prime wethers, 25s to 30s; medium, 20s Cd to 22s 6d ; unfinished, 18s to 20s; prime ewes, 21s to 265: medium, 17s to 20s; aged. 12s 6d to 16s 6<l: extra prime merino wethers, to 275: prime. 17s 6(1 to 21s lOd; others. 13s to 17s. Fat Cattle: There was a moderate yarding fit' fat sheep, and the market opened well, the yarding of fat cattle totalled 212 head. and a huge proportion were very prime sorts. 1 'licit- was a good sale at improved prices. Steers brought .£6 17s 6d to £12 7s 6d: heifers, £b 7* 6d to £10 ss; and cows. £4 lCs to it! 5s (equal to 23s to 26s for prime. 27s 6d for extra, and 21s to 22s Gd for medium per 1031.. i.

A good yarding of veal calves sold well. Store and Dairy Cattle: .\ small mixed entry of store cattle met with a poor demand at the following rates—-Yearlings, Us to 15s: 15 to 18-month cattle, 31k to 40s; 2-year steers. £2 18s; 24-year steers. £3 10s,

3-vear heifers. .£2 10s to £3; dry COWS, 24b to 403. The dairy cows offered were ™ o * ll /,'" ferior sorts, and were dull of sal* at io»# rates, the top price being £7. . -. - Pigs: There was a medium yarding pigs. and a keen demand for all classes. Tfcere was a large entry of hoopers, and t-aey sold well, ranging from £6 15s to i.l. _* prime line of 16 Berkshire baconers from Mrs. Whit* (Ohoka) averaged £3 ss, and 18 from Chatham Islands. 41? to 60s. . mere were no other heavy-weight baconers in, ana lighter sorts made 45s to 553 (equal ww to sju per ib). Porkers made JO3 to «*. and lighter weights 28s to 353 (equal to 60 to 6Jd per lb). The Chatham Island steers sold at 25s to 355; medium stores. 20s to its. light, 15s to 133; and weanera. 12s to 143 6u.

UNION BANK OF AUSTRALIA.

Our Loudon correspondent writes under date July 12:— In their report of the Union Bank ot Australia the directors state that the balancesheet of the bank to February 23, after tailing credit, as on the last occasion, for very considerable recoveries on iccount of debts previously provided (or, and after provision lor doubtful debts, exhibits a net" amount of profits ot £269.310, inclusive of £31,406. balance brought forward from the previous half-year. From tin* the director* have made the following appropriations :—£lo,ooo. as a contribution in aid of the bank's guarantee and provident funds, £10,0 CO in reduction- of the. bank premises account in the colonies, £60,000 as provision for depreciation ill the bank's investment?, and £50,000 as on addition to the banks reserve fund, which is thereby increased from £1,120,000 to £1,170,000. From the balance remaining (£139,310) the directors I-have resolved upon the declaration of a dividend at the rate of 10 per cent. p:r annum, equal to 25s per share, and of a bonus of 2 per cent., equal to IDs per share, the dividend and bonus together amounting to 35s per share, absorbing £105,000. and leaving £34,310 to be carried forward. The directors report that, although in some districts a deficiency in rainfall lias been ■reported, yet. generally speaking., weather conditions in Australasia are satisfactory, while prices for produce continue excellent. Since the last meeting branches of the bonk have been opened at (Jumiedali, Kilcoy, Helensville (New Zealand), and Sandstone, while the branch at Black Range has been closed.

WELLINGTON STOCK EXCHANGE. : [BY TELKC-HAPH.—SPECIAL COKRESPOXDKKT.] WKLLtN'uTOS, Wednesday. On (lie Stock Exchange to-day there were buyers of Waihia at £3 IKs and of Talismans at 475. but no business resulted. A seller of Union Steams at £18 10a was in evidence, but there .were no buyers at that figure. Wellington Woollens gained fractionally, buyers increasing their offer to £2 195, without attracting holders. Na-' pier (las, both varieties, ' are in the market at £25 and £16 respectively. Christchureh Meat were in demand at £10 55." but sellers' ideas were 5s higher. Holders of .Mauawalu Kails ofteied t'i do" business at 433, but there was no response. The Post, in its weekly review, says:— During the week the Exchange has witnessed a fairly animated market, with Waihi and Talisman the chief centres of dealing. Considering the large number of share? that have changed hands and the amount of profit-taking, Values, have held their (round wonderfully well. In comparing our quotations with Auckland it must be borne in mind (hat the usage in the northern city is to charge the vendor tlie full 2 ! per cent., whereas, here both buyer and seller are mulct in 1| per cent. This tact brings the respective quotations for Tali;-man and Waihi on a parity in both cities. Transactions were recorded as high at 47s 6d in. Talisman and £8 17s-tor- the Waihi. ' DUNKDIN GRAIN MARKET. [BY TELEGRAPH.—PIIE3S ASSOCIATION.] '" DCSEDIS, Wednesday. The wheat sales are slow, as millers will not buy at holders' reserves. Fair business is passing in seed lots and fowl wheat is in good demand. Quotations: Seed lots, 4s 3d to ss; prime milling, 4s 7d to 4s Ed; fowl feed, 4s 5d to 4a od (sacks extra). OaU : There is little outside inquiry, and what business is passing is in seed lots and lor local demands. Quotations: Seed lines, 3s 3d to 3* cd , prime milling and shipping lots, 3s to 3s Id: best feed, 3.-;: medium and inferior, 2* 8d to 2s lid (sacks extra) BURNSIDE STOCK MARKET. [BY TELEGRAPH.— ASSOCIATION.] Duxedix. Wednesday. At the Bumside stock sales to-day 2407 sheep were panned. The entry was a good one, principally made up of medium quality sheep, with a number pi pens of prime ewes and wethers. Prices showed a decline of Is to Is 6d on' last week's rates. Quotations: licet, wethers, 24s t» 2> (extra to 28s); medium to good, 20s to 225; extin good ewes, to 24s 2d ; medium, 16s to 20s. Cattle:'2o9 were yarded. uThcre was a medium yarding of good quality rattle and prices were tint: a; last week's rates. Quotations: Best but; locks £10 to £11 10s; •medium to gootr, £8 10s to £9 is; unfinished, £7 t>s to £7 Ift). Pigs: 100' yarded. There- was a small yarding and prices, if anything, were easier. Quotations: Suckers. 12s to 15s; slips, 17» 6a to 24s 6d ; stores, 25s to 30s; , porkers, 30s to 42«; light baconers," 45s ■to 50s; heavy, 50s to 655. AUSTRALIAN PRODUCE MARKETS. . By T.elegraph.-r-rrcss —Copyright. ' -■- Sydney, August 21. Wheat: Milling, buyers ' 3.1 9jd, sellers ask 3s lOd; chick, 3s 6d to 3s 9d. iiour, £9 10s. Uals: Algerian milling, "s Bd.to 2s 9d; feeding. 2s 7d to" 2s 8d; Tfl*msniari7 B \vhltc, 2s 9d. < Barley : Cape, 2s 8d to 2s Dd ; English feeding. 2s 9d. Maize, prime. 2s 9d. Bran, : lOd. Pollard. lOJri. Potatoes: Tasmaninn, £2 £o to £3. Onions: Victorian. £4. Butter, 103s to 106s. Cheese, 7d to Sd. Bacon, PJd to 3UI.' SIKLBOCnSE, August 21. . Flour, £9 sj. Oats: Algerian feeding, 2s 4d ; mining, 2s tkl. Barley: Prime Knglish, 3s lOd; Cape, prime, 2s 7.-d. Maize, 2s Bd. Bran, 10(i. Pdii.iro, lid. Potatoes, £2 to £2 10s. Onions, £2 10s to £3. ADELAIDE, August 21. • Wheat:' Shipping parcels, 2s 3d. l-'lour, £8 7s bd. Bran and pollard lid. : LONDON. By Telegraph.— Association.— LoxDO.v, August 21. METALS. ..:'"•'' Copper: At. three months. £74 10s. , Tin : On spot, £163 10s; at three months, £168. Lead. £19 7s 6d. WHEAT. '■■>'>' An Australian cargo &old at 3'«. The, wheat and dour afloat lor the United Kingdom J.', estimated -at 2,115,000 quarters; for the Cniiiiiient, 1,190,000 quarters; Atlantic shipments, 270,000 quarters. . ,