COMMERCIAL.

New Zealand Herald, Volume XLV, Issue 13845, 3 September 1908, Page 3

COMMERCIAL.

A fair amount of transactions took place on the sharemarket yesterday, chiefly in mining stock. In . investment lines Auckland Gas (new issue) sold at 20s and 20s 6d, sellers closing at 21s 6d, with further buyers at 20s 6d. Wiseman's (ord.) were done at 13s. In mining Hues Talismans sold s at 39s 3d, with sellers at last call offering lines at 38s od,. and buyers \at . 38s. Waihis were a trifle easier, business being done. at £9 Is, with, late sellers at £9 Is 6d and buyers at £9 Os 6d. : Grand Junctions wero firm, selling at 33s 3d, with further inquiry at 335, and sellers asking, 33s ~ 6d. May Queens sold at 2s Id; Saxons at Is; Southern Queens at 3d ; Waiotahis at 3s .Id ; ;; Waitangis at 3s 4d; Golden Pahs at oid; Old Haurakis at Is lOd; Tangiaros (con.) afc Is id;. Komata Reefs at Is Id; Phoenix (6d paid) at. 10id; Tairua Broken Hills at 2s lOd; Tairua Dawns at 7d: Tairua Conquerors (con.) at llid'to 10id; Tairua Extendeds at 9^l; and Waihi Beach at 2id. AUCKLAND STOCK EXCHANGE BUSINESS DONE YESTERDAY..

PROPERTY SALES. There was a large attendance at Mr. W. Word Baker's auction rooms yesterday afternoon, when several freehold properties were submitted for sale. A 32ft by 57ft 31n section in Hobsonstreet, with a six-roomed house thereon, was, after some * spirited competition, sold foi £8/5. An allotment 33ft by 99ft, in Albert-street, reached £43 per foot, at which price it was passed in. ■ At their auction-rooms, Oustom-atreet, the firm of Messrs. ' T. Mandeno • Jackson sold an urnmproved farm, consisting of 921 acres, for xl an acre. STOCK SALES. The New Zealand Loan and Mercantile Agency Company, Limited, Hamilton, report :-At Ohaupo on the 25th ult. we yarded over 1000 head of well-bred cattle , and 1500 sheep. Young cattle were inclined to be dull of sale, but other classes sold well throughout, and most of the voting cattle reserved at the hammer were Quitted" afterwards. Fresh-conditioned three-year-old steers realised from £5 18s to £7 two to two and a-half year steers, £3 5s to £4; 10s; strong: good yearlings, mixec!. sexes, £1 lbs to £2 4s* yearling steers, £2 6s to £2 10s; strong calves' mixed sexes, £1 7s 6d to £11 Is; freshconditioned cows and heifers, £3 5S to £'», store cows, £2 5s to £3; quiet empty two-year heifers, £1 17s 6d to £2 10s; poor-conditioned 18-month to two-year-old steers, £4 13b to i,i 17s 6d; fat cows, £5 10s; 400 woolly hoggets, lis 4d; 150 shorn hoggets, 10s; sinai hoggets, 8s 6d to 9s 3d. „ At Matamattt on the 26th ult. we yarded £60 •tore a»ttle and 250 dairy cow* and heifers. A. 'a

large attendance of buyers came from Waitoa, Miranda,;"-.Te Puke, Tauranga, ■ Eotorua, arid neighbourhood,%nd; we report a successful Bale, only one 'pen of three-year steers remaining unsold. Forward-conditioned ■ three and a-half to four-year-old steers realise*, from £6 5a to £7 10s; three-year-old steers, £5, Is to I£s 15s; 18month to two-year-old 3teers, £2 17s. 6d to £3 lis; strong good yearlings, mixed sexes, £2 2s -to. £2 9s; others, £1 15s to £1 19s; smaller sorts, £1 5s to £1 8s; quiet empty 18-month, to two-year, heifers, •£2 Is to £2 18s; fresh-con-ditioned cows and heifers, £2 16s to £3 12s 6d; fat cows and heifers, £5 5s to £6 10s; three-year-old bulls,. £3 10s to £4 ss. Dairy stock sold exceptionally well, especially cows and. heifers at profit. Good cows realised from £6 10s to £8; choice heifers, £6 to £7'ss; back-' ward cows and heifers, £3 15s to £5 10s; culled hoggets. 6s. Eighty pigs elicited brisk competition, wcaners realising 12s 6d to 16s, slips 19s to £1 4s, store pigs £1 10s; seven bows, in pig, £3 to £5 XOi,; boar, £3 3s. - 'i . % ■'■-' NORTHERN SALES. . Messrs. Hunter and Wilson report:—At 'the first spring horse sale on .August 25 and 26, held: in the Whangarei yards, in conjunction with the, Auckland Farmers' Union, about the advertised number of horses. came forward. There was a good demand for sound young horses of all classes, in particular - for harness sorts. Unbroken medium draughts sold from £15 to. £34; do. "backs and light harness sorts, £7 5s to £18 10s; broken .medium draughts, £16 to £26; light harness horses, £11 10a to £18; hacks. £10 to £22; ponies and cobs, £3 7s 6d to £8; weeds, 10s to 30s each. . NEW ZEALAND AND RIVER PLATE . .-' COMPANY. ; The local office of the New Zealand and River Plate Land Mortgage Company, Limited, has re- . ceived cable advices that the resolution providing for increased borrowing powers has been car- ; «cd. ''."-.■'■-'/'-.■ ' ' -■: ,'■' " .:'■'./-& ADDINGTON STOCK MARKET. --.».-:■ [ay TBLEGIU.PJII—PIIESs association.]. . ,; ' ■' L-'i'CHßlSTCHttncn, Wednesday. At, the, Addington iivc stock market to-day there were fair entries of stock and a.* good at-s tendance,;■ There "was ■an improved demand for store hoggets and wetheis. Fat lambs .gold, late rates oud the tat sheep wero 'easieJr Fit cattle 1 were without change , and ' pigs, except •baconers,.. which were rather easier, sold at the previous week's.' prices. ■ Store and dairy cattle were dull; of sale. . .V smaller yarding of. store sheep than last week was entered, the bulk being hoggets. There was a better entry of wethers, but. the ewes were, mostly medium sorts, The demand j for hoggets was better, espelally for- ewes. Hog- , gets and forward wethers were -wanted for the-1 balance of the turnip crop. Forward -wethers j made las to 16s 2d; others, to 14s 3d.' «Ewe hoggets, 14s to lbs; mixed sexes, good, 12s to 12s 9d; ; backward sorts, lis to lis 6d. • j There was a small entry of fat hoggets and lambs, and sales were made at the previous j week's rates. Hoggets , sold at 12s 6d to 17s and young lambs up to 20s V7d. i Fat sheep: The yarding of fat sheep was about equal in numbers to that of last week, the bulk being wethers, of which a. considerable proportion were, not well finished.. There were a number of lines of merinos. Less competition was evinced from export buyers and prices all round showed a reduction on last week's range.'. Prime I 'wethers made 19s 6d to, 23s 9d (extra to 25s J Id); medium, 17s to 19s; and lighter, 14s Id to j 16s, bci. Prime ewes, 17s to 18s 6d; medium, 14s dd to 16s 6d; aged and light. 10b 6d to 14s. Prims merino wethers, 14s to 16a 9d; lighter, lis to 13s lid. ' ■<'■>-, ■ :,-:; -' v. '-.■».-'■•

• The supply of beef totalled 276 head arid the quality was mixed, many of the lots not being well finished The demand was rather slack and th? sale somewhat dragging.- The range of prices was: Steers, £5 17s 6d to £11 12s 6d (one passed at, £14 ss); heifers, £5 to £9 17s 6d ; and cows. £5 to £9 ss, extra to £11 10s (equal to 24s to 28s for prime per 10011), 21s 6d to 23s 6d for medium, and 18s to 21s for cow and inferior). - ' There was a medium yarding of veal calves, which made 4s. 6d to bQs, according to size and quality. A small mixed yarding of store cattle was dull of sale, two-year steers making £3 19s 6d, twoyear heifers £2 5s to £3 3s, and dry cows 15s to £3 ss. ■• - - "

The diilry cows were mostly inferior, sorts and sold at £2 10s to £7. There was an average yarding of pigs, choppers and baconers being-rather easier, and porkers and stores selling at last week's rates. Stores were in demand, especially weaners, on account of the opening of the dairy season. Choppers sold up to £4 17s 6d; baconers, 51s 6d .to. 71s (equal to &4d to 6d per lb); porkers. 235. to 48s (equal to 5d per lb); large stores, 32s to 365; medium. 22s to 28s; and vveaners, 16s to 21s. ••' ..';"' BURNSIDE STOCK SALE. [BY TELEGRAPH PRESS ASSOCIATION".] ,*'•;•;•.-' ■ Dcksdin, Wednesday. At the Burnsdde stock market to-day 3874 sheep were penned, including 132 hoggets. The large yarding consisted principally of mediumweight wethers, with 'a: good number of the best ewes. Prices were little altered from those ruling last week. Best wethers made 20s* 6d to 22s 3d (extra to 24s 6d);, medium 'to good, 17s 6d to 19s; ; light, 14s to 16» 6d. . Best ewes, 17s to 18s 6d, (extra to 21*); , medium' to good, 13s 6.1 ,U> ; 15s; light, 8s 6d to IC< Beat hoggets, to ' Vagi, 'Otters, -.13» 6d-to"-15s. ~v '< v" .*. ■■■ .. "Fat "cuttle i 272' were yarded, composed chiefly ! of/, unfinished steerß and hellers. Good "prime cattle realised prices fairly up to late rates, but unfinished "were easier, and towards the close were hard of sale. Best bullocks realised £10 10s to £11 10a (extra to £13); good, £8 to £9 10s; li#ht, £7 to £8. Best cows and heifers,' £8 to £9; good,. £6 10s to £7 ■ Mb? light, £4 to £6. Pigs: 130 were yarded. There was very good demand for j all small sorts, but owing to the large ■ number of porkers and baconers coining forward the competition was not so keen and prices showed a decline. Stiokeiis brought 14s to-lfe; slips, TSs to 245; stores, 27s to/ 3ls 6d; porkers, 38s to 445; light baconers, ,46s to 50s; heavy baconers, 52s 6d:to 60s; choppers, up' to aos. :.' ■«■',, ;.•■.. -■■: ...... . •'. ,- DUNEDIN GRAIN MARKET. [BY TELEGRAPH.— ASSOCIATION.] Dunedis', Wednesday. There is no change to report in the grain market and little business is passing. There has [ been a better demand for seed lines during the j week, but absolutely no inquiry for export.. Prime milling is worth 2s Id; good to best feed,'Is lid to 2s; inferior to medium, Is 9d. to Is. 104 d. .. ; There has been very little wheat offering during the week and millers are not buyers, except f in very few instances, and then they will take ! only prime samples, all second grade being of--1 fered as fowl wheat,, for which there is fair inI quiry. Prime milling realises 4s 2d to 4s 3£d; i medium,. 4g Id to 4s lid; fowl wheat, 4s to 4b ! Id; broken and damaged, 3s 3d to 3s lOd. WELLINGTON STOCK EXCHANGE. £BY TELEGRAPH.—SPECIAL CORRESPONDENT.] Wellington, Wednesday. There were sales only in two lines on 'Change to-day. ' Talismans were quitted at £1 19b 3d and £1 19s. Buyers reduced their bids to £1 18s. New Zealand and River Plato Land shares sold at £1 10s 3d. . . DUNEDIN STOCK EXCHANGE. ■■/[BY TELEGRAPH PRB33 ASSOCIATION.] • : DUSBDIS, Wednesday. ' On the Stock Exchange to-day the') following sales were recorded:— Electric, 4s; Mystery Flat, £1 19s. . .' /. .. , ... MANAWATU RAILWAY COMPANY. , [BY* TELEGRAPH.—PRESS ASSOCIATION.] 'i . , ..'„. Wellington, .Wednesday..: ._ "/At'* meeting of directors :of the Wellington and Monawatu Railway Company to-day it was decided to declare an interim dividend of.. 5 per cent, for the half-year ended August 31. AUSTRALIAN MARKETS. By Telegraph.— Association.—Copyright. > " SYDNEY, September 2. 4s 2d' to 4s 2Jd. Flour, £9 ss. Oats 1j Taamanian white, 3s; New Zealand grade,AGartons, -3s 2d. ■ Barley: Cape. 4s_;"Bd. Maize, 4s 2d. Bran and pollard,, £6. Potatoes: Tasmanian, £5.10 a. Onions: Victoria, ' £10; Japanese. £10 10s. Butter, 106s to 112s. Cheese, BJd. Bacon, Bd. MELBOBRNE, September 2. Wheat, 4s lid. Flour, £8 15s. 'Oats: Algerian; 3b to 38 2d. Maize, 4s. Bran and pollard, Is 4d. Potatoes: Tasmanian, £5 to £5 10s. Onions, £8 10s. LONDON. By Telegraph.—Press' Association.—Copyright. . -.'-'.. ',','.- London, September L , METALS. ' I Copper: On spot, £61 os; at. three months,; £62. r :;■;•' ■'-: I' Tin:On spot,-£132 7s 6tl; at three months, ! £133 2s 6d.-■;'■■■-- -:»'■'--

Previous day's closing tales. Auckland Gas (new issue)2nd call, 20s, 20s 6<1; 3rd call, 20s 6d ... 1 0 6 Wiseman and Sons (ord.)—3rd call, 13b 3 13 0 May Queen— and 3rd calls, 2a Id . . 0 2 2 Saxon— and 2nd calls, Is ... 0 10 Southern Queen —3rd call, 3d .. ... 0 0 3£ Waiotairi— call, 3s Id ... ... 0 3 2 Waitangi—2nd call, 3s 4d ... ... 0 3 2 Golden Pah—2nd call, 3id ... — ■ Old Hauraki— call, la lOd ... V- ... C 1 10 Tangiaro (con.) call, Is 4d ... — Komata Reefs— call, 1* Id ... 0 1 2 Phoenix (6d paid)— call, i0£d ... — f Talrua Broken Hills—2nd call, 2s l0d 0 2 10 Tairua l)a\vn—3rd call, 7d .. ... — Tairua Conqueror (con.)— call, Hid, lid; 3rd call, 10id . . 0 10 Tairua Extended—1st and 2nd calls, 9id 0 0 10 Talisman—2nd call, Ms 3d . . ... 1 19 0 Waihi—2nd call, £9 Is . ... '• ... 9 16 Waihi Boach—3rd call, '2£d ... ... — Waihi Grand* Junction—3rd call, 33s 3d 1 13 3

CLOSING QUOTATIONS. ' Kellers. Buyers. A , & s. d. £ a. d. BANKS- v . New Zealand ... ... 8 18 0 8 15 0 National ... 5 16 4 19 0 INsCKANCE— New Zealand 15 0 3 14 0 National ... — 17 6 South British 2 lb 3 -r- ■ FINANCIAL— New • Zckirjjd and River Plate lil 0 110 6 CO A I/— Hikurangi ... ... 0 15 0 , 0 14 0 Taupiri Mines, Ltd. ... 0 18 6, — Westport ... 6 2 6 — GAS— < Auckland., ex right? ... 15 0 0 14 16 0 ' Auckland, new issue ... . 1 1 6 10 6 SHIPPINGNortheru, paid up ... 0 16 9 — Northern, woo. 0 7 K — Devon port Steam Ferry 1 14 0 1 13 0 TIMBER— Kauri, paid up ... , . 1 12 6 . .. .1 11 6 . Kauri, con." '' ... ... 014 "10 " ' 0 14" 7 UlSCEI.I.-iNMOUS— Hibberd's Syndicate, con. — ' 0 10 0 Auckland Tramways, pref. 13 6 — Auckland Tramways, ord. 12 6 12 0 D.S.C., Limited 0 4 9 0 4 6 N.Z. Portland Cement Co. 17 6 16 9 , N.Z. Portlar.u Cement Co., • _ ' new issue , ... ... 0 13 6 . 0 12 10 Touson Garlick, Ltd. ... 0 IS 0 0 18 0 Union Oi» ... ... ... 1 0 0 — Wiseman and Sous, ord. 0 13 . 0 0 12 9 Wilson s Portland Cement Co., pref. ... ... 1 19 6 — Wilson's Portland Cement Co., ord ' ... ... 1 18 0 — DEBENTURES— 1 City o£ Auckland 4 per. cent. 97 0 0 — MINING— Bonanza, con. ... ... 0 0 4- — Halcyon 0 0 L> — Kuranui ... ... 0 0- 9 0 0 6 Kuranui-Caledoulan ... 0 0 10 0 0 "i Magnet, con. ... 0 0 2 — May •Queen 023 02 1 May Queen Extended .... 0 0 o — New Monowji ... ... 0 0 9 0 0 71 New Occidental ' .... ... 0 0 3 0 0 14 : New Sylvia .. ... 0 15 0 12' Old Alburiiia, paid up ... 0 1 1 0 0 9 Saxon i 0 11 0 1.0 . Scandinavian ... ... 0 0 5 0 0 4 Southern Queen 0 0 31 0 0 3 Thames —.00? — Victoria ... ... ... 0 0 10 0 0 64 Walotahi ... 0 3 1 0 3 0 Waitangi -• . 0 3 6 0 3 4 Blackwater . ... 13 3 13 0 Consolidated • Goldfields... 0 14 3 0 13 6 Progress Mines ... .... Oil 3 0 10 0 Golden Pah ... ... 0 0 4 0 0 3i llauraki Freehold ... *..0 0 9 .0 0 44 Old . Hauralii Gold Mines 0 1 11 0 .19 Old Kapanga 0 0 2j 0 0 1 £ South Kapanga, 0 0 2 — Tangiaio, con. ... ... 0 16 0 14 , Tokatea, con. 0 0 .3 • — ' Brilliant Block,. 3d paid 0 0 4 0 0 3 Comstock. con. ... ... 0 0 5 ' — Champion, paid up ... 0 5 9 0 5 0 Champion, con. ... ... 0 4 8 0 4 4 Crown ... ...... 0 3 6' 034 "Dominion, 4d paid ... 0 0 3 — Golden Belt, paid up ... 0 1 11 0 19 Golden Belt, con. ... 0 0 8 0 0b Golden Cross ... — 0 0 6- — Ktriklri, paid up ... ... 0 0 S . . — . Kirfkirl, con. '......0 0 0 — Karanyahake ...! ... 0 0 11 0 0 9 Koinata Reefs 0 12 Oil New Waitekauri ... . ... 0 0 41 0 0 3£ Phoenix, 6d. paid 0 0 101 0 0 9 Pride of Waihi ... ... 1) 0 6 — r Rising Sun '. ... ... 0 0 6 , 0 0 24 Shotovef, con. .... ... 0 0 -44 0 0 3 Silver Hill ... 0 0 4 . 0 0, 3 Tairua Broken Hill* ... 0 2 10 0 2 9 , Tairua Consols ... ... 0 0 2 — ' Tairua Pawn ..• ... 0 .0 W 0. 0 6£ ' Tairua Golden Hills ... 0 7 9 0 7 8 ; Tairua Conqueror, 6d paid 0 11 0 0 llj • Tairua Conqueror, con.... 0 0 101 0 0 10 Tairua Extended.... ... 0 0 10 0 0 9 • Tairua Triumph ... ... 0 0 104 0 0 9 Talisman Consolidated ... 1 19 6 1 18 0 " Waihl ... ... ... ... 9 1 6 9 0 6 Waihi ■: Beach ....... 0 0 3 0. 0 24 Waihi - Consolidated ... 0 2 4 0 . 1 10 Waihi Extended ...'...0 3 7 1 • 3 4 Waihi Grand Junction '... 1 13 6 13 0 Mountain King, con. " ... 0 0 74 .00 6. CALL AND DIVIDEND LIST. Dividends „ . £ b. A., Standard Fire and Marine ' insurance Company ... — Now Waihi — ... 0 4 0 Now May" Queen, August 7 0 0 1 Now Bonanza, August 1? ... ... 0 U 1 NOW South Kapanga August 17 ... 0 0 1 Now Old Alburnia/ August 17 ... 0 0 2 Sept. ,7. Waihi Extended, August 7 ... 0 0 2, Sept. 4 Watchman, August « ... ... » 01 a 10 Trafalgar 1 August -17 •, ••• ••• O u Uj oept. a New Occidental. August 27 . ... 0 0 04 Sept. 10 Coronation, August 28 .... 0 0 1 Sept." Kuranui. August 24 _ ... . ...• 0 0 1 faept. -1J Tangiaro, August 27 ... ... 0 P - Sept. 16'