COMMERCIAL.

New Zealand Herald, Volume XLV, Issue 13869, 1 October 1908, Page 3

COMMERCIAL.

A considerable amount of business was transacted oil the Stock Exchange yesterday, and the market generally showed an improved tone. In standard stocks Bank of New- Zealands sold at £8 133 6d, and they closed with buyers at £8 12s. and sellers at £8 15?. Tatipiri Coals were done at 18s 3d, and more wow available at that figure, buyers offering 18s, A parcel of Kauri Timbers (con.! •was sold at 14s 2d, and D.S.G.'s saw business at 4s lOd. Auckland Tramways ford.) were done at 21s 6d, and closed with buyers at 21s. and sellers at 21s txl. In mining lines sales of AVaihis took place at £9 4s 9d, £9 4s 6d. and £9 4s, closing with buyers at £9 3s 9d, and sellers at £9 4s 3d. Talismans changed hands at 43s 3d and 435, more being obtainable fit the latter figure, buyers offering 42s 9d. VYaihi Grand Junctions were done at 33s 3d, 335, and 33s 3d, and closed with buyers at 339. and sellers at 33s 3d. New Sylvias were freely inquired for. and sold at 2s 6d, 23 7d, 2s 6d, and 2s sd, more being sought after at 2s sd, sellers holding out for 2s 6d. Sales of Black waters took place nt 25s 9d and 265, and closed with buyers at 25s 9d. and sellers at 26s 3d. Consolidated Goldfields wore quitted at 17s, and moro were obtainable at that figure, buyers offering 16s 6d. Champions (eon.) sola at 4s sd; Magnets (con.) at lid; May Oueens at 2s Id Saxons at Is Id; Waiotanis at 2s lQdl Waitangis at 3s 4d; ■ Mount. Zeehans (con.) at 3d; Old Kapangas at Id; Karangahakes at Hid, Is, and Is Id: Ready Bullions (eon.) at 3Jd; Tairua Dawns at bid and 8d : Tairua Extendeds at 6?d and 6d; "Waibi Extendeds at 3s Id ;■ Silver Hills at 4d. AUCKLAND STOCK EXCHANGE. BUSINESS - DONE YESTERDAY. i,

PROPERTY SALES. Messrs. T. Mandeno Jackson held a most successful sale of properties in W'ynyard's estate at their rooms, Custom-street East, yesterday. There w»3 a large attendance nnd bidding was brisk, when tho following properties were disposed of: — First section, 74t"6 '/in to Clarence-street, Devonport, realised '£3 per foot; second section, 66fb by. 227 ft, Clarence-street, realised £3 per foot. A.i old houso and section -with 60ft frontage to Clarence-street, realised £420. Fourth section, 66ft), by 132 ft, Calliope Head, £5 lis per foot; fifth section, also obit by 132 ft, Calliope Iload, £5 12s per foot; house and section-Grafton Road, £745. Mr. 6. B. Osmond, 139, Queen-street (next to the National Bank of New Zealand), will hold an important land auction sale at his. rooms this, day at noon, when he will submit a fine property on Beach Road, Devonport, situated between'the two wharves, with nearly one acre of volcanic soil, and a large residence, well let, several residences and allotments in good position in PoMonby, an allotment next to the new post office site. Mount Eden, and two and ahalf acres on the main road at Howlck. ; WAIKATQ STOCK SALES. The. New Zealand Loan and Mercantile Agency Company, Limited, Hamilton, report:— held our monthly sale in Cambridge yards on Friday and yarded 1200 fat and store cattle and dairy cows and 700 sheep. Buyers were present from all parts of tho Waikato, Te Puke, Paeroa, Uikutaia, Tahuna, Waiugaro, and Putaruru. and wo have to report one of the most successful sales held in this district for some months. The sale, commenced at 12 o'clock and only concluded at 5.30 p.m.- with the sale of dairy stock. Wo were compelled to make a second yarding of store cattle, and out of 170 fat cattle of choice quality penned all were disposed of excepting two pens of steers. The best steers realised from £8 5s to £9 17s 6d; lighter weights, £6 15s to £7 16s ; heavy young cows and heifers, £6 10s to £8. lighter sorts, £4 15s to £5 7s 6d; aged cows, £4 5s to £5 2s 6d; fresh three-year steers, £5 10s to £6; two and a-half vear steers, £4 5s to £5; two-year steers, £3 4s'to E3 16s; 15 to 18month steers, £2 lis to £2 18s; yearling steers, £2 3s to £2 10*: mixed readings, £1 17s to £2 4s; others, £1 10s to £l*l3s 6d; choice yearling heifers, £1 15s to- £2 2s; quiet empty 18-month to two-year-old heifers, £2 4s to £3 2s; fresh cows and heifers, £2 16s to £3 12s 6d; store cows, £1 lis to £2. One • hundred and fifty dairy cows and heifers elicited brisk bidding and all were sold. Good cows brought £7 5s to £8 10* ; choice heifers, £6 to £8 12s 6d; others, £4 173 6d to £5 ss. The sheep were all disposed of, fat shorn sheep (mixed) realising 16b ; shorn wethers, 14s 3d; wethers, in wool, 16s: fat and forward hoggets, 13s to 15s; cull hoggets, Bs. Eighty pigs sold at high prices, weaners realising 15s to 19s; slips, £1 4s to £1 17s ; sows anil young, £6 10s. Wo held our annual hogget fair and cattle sale at Ohaupo on September 22, and although the rain camo down in torrents we report a successful sale. Young cattle were lower in value than previous sales, but a number of pens reserved at the hammer were sold afterwards at satisfactory prices.. Fresh-conditioned three-vear-old steers realised from £6 7s 6d to £7 ss; 18-month to two-year-old steers, £2 16s to £3 12s 6d ; yearling steers. £2 2s to £2 10 a; mixed yearlings, £1 15s to £2 9s; 15 to 18-month cattle, £2 8s to £2 14?; empty 18. month to two-year-old heifers, £2 2s to £3; fresh-conditioned cows and heifers, £2 ]7s 6d to £4; store cows, £1 12s 6d to £2 6s; fat, cows. £5 10s. A largo entry of dairy stock sold remarkably well. Good cows near calving brought £7 10s* to £9 15s; good heifers, up to £7 7s 6d; others, £4 10s to £5 12s 6d. One thousand odd hoggets sold well, either at auction or afterwards, the best sorts making Us to 14s 9d. others 11? to 12s 9cl. The wethers advertised were™"disposed of privately, and the ewes and lambs were not penned od account of rough weather.

Tho Farmers' Co-operative Auctioneering Company report:—Aft Matamata last Wednesday week we yarded 1000 head of cattle imd 100 hoggets. There was a laryo attendance, prices being slightly easier. Three and three and a-half year store steers gold from £4 17s 6d to £5; two and a»nah* year steers, £4 6» to £4 10s; 18-month steers, £2 18 ato £3 12s; yearling steers, £2 to £3 10s; calves and yearlings, mixed sexes, 30s to £2; calves. 19s to" 22*; forward cows, £3 16s to £4 ; fat cows. £6 15s; store cows, 25s to £2 18s; 18-month and two-year empty heifers. 38» to £2 15«; woolly hoggets. lis to 12s 3d. Pigs: Slips, 14? 6d to "15s; weaners, 12s 6d. At Hamilton last Thursday we had tho usual yardinjr of cattle and sheep,' the 78 beef yarded felling readily. Fat steers made £8 5s to £9 10s; lighter torts." £7 to £7 16s; weighty cows, £6 'ss to. £7 5«: others. £4 7» 6d to £5; 18-month •leers. £3 "» 6rt : yearlings, 39s to £2 3s; empty cows. £3 Is 6d to £4; springing cows, best £6 to £8 2s 6d. others £3 to £5; heifers. £3 15» to £5 ICs: fat wethers, 18s 'to 21» 3d: ewes, with lambs. 20*. The one hundred and fitly pips penned sold readily, slips realising 32s 6d to"37a 6d and weaners 10? 6d to 19* 6d.

. ALDINGTON* STOCK MARKET. [BY T»LEGR.»PH.—PIIBSS ASSOCIATIOS.] CHniSTCHXTKCH, Wednesday. At the Addlngton live ' slock market to-day there were fair entries of stock and a good attendance. Fat cattle made, no chango in price, and store sheep were rather bettor. Young lambs showed a considerable improvement in price, and fat sheep opened at about last week's rates. Tigs sold well ; There was a moderate entry of store sheep, a considerable proportion being ewes. For dry sheep there was an improved demand and prices showed some advance. Thero was a good clearance of the whole yarding. -The. few-lots, of withers sold lip to 16a 2d;'ewe". hoggets," to 14(t 9d; wether hoggets, to 12s 6d; mixed sexes, to 33s lOd. Two-tooth crossbred ewes, to 16s 3d; merino ewes',' 1 8s; and ewes and lambs. 30». There were about'6o fat lambs penned and there was a much better demand than last week. Prices were considerably better, ranging from 16s to 20s. ■.-'"..< -.-;„ "'■•-■ Tho yarding 0! fat sheep was much smaller than of late, and butchers, who were the only buyers, competed freely, prices for .prime lots being firmer. There were some good lines of crossbred wethers, but a considerable proportion of the yardinp was not well, finished. .Towards the close of the sale prices were weaker-and a number of lines were paused. The range of prices was: Extra prime wethers, to 275; prime. 20s to 22s 4d; medium, 17s 6d to 19« 6d; lighter, 153 4d to 17s. Prime merino wethers, 14s to ISs 6d; lighter, 10s lOd to'l3s 4d. Prime ewes. 17s 6d to 21s (extra, to 23s 6d) ; medium, 15s to 17«. Hoggets, 14s to 16s 6d. ■ There was a small entry of store cattle, mostly in poor condition, and they met with a dragging gale. Fifteen to 18-month sorts made 295: twoyear steers, £2 9s: three-year steers, £4 3s; and dry cows, 16a to £3 Bs. Dairy cows were dull of sale at £3 10s to £6 178 6d, the entry being email and tho quality poor. The number of fat cattle entered was 185, but in view of supplies obtained at the Culverden sale the previous week the offerings were sufficient for the trade. The general 1 entry was of fair quality and included some good heifers. Bidding wag fairly brisk and almost all lots changed hand* at the previous week's prices. Steers, made £5 12s 6d to £11 10s; heifers, £5 to £9 12s 6d; and cows. £4 17s 6d to £8 15s (equal to 24s to 28s per 1001b for prime, 21s 6d to 23s 6d for medium, and 18s to 21s for cowg and inferior). The bulk of tho vealers were small and prices rantred at -14s 6d to 55s and some yearlings at £3 17* 6d. . ,'..... There, was a small entry of pigs and all classes sold remarkably we.}). . Choppers made up to £5 sa; heavy IwconMs. 70s to 88s; and lighter, 50s to f&e (equal, to 6<l p«r lb"). ;. I*iree porkers realised 42* to *Ss; smaller, ,32s to ' fOr (equal to 6d to 6jd per lb). ■ Large stores'brought 35s to 375; medium, 30s to 345; and weaners, 14s to : 33e 6d, according to sizo' and age.

BURNSIDE STOCK SALE. [BY TELKOIUPH.— ASSOCIATION.} ■;"■: Dtr.HKprjr. Wednesday. At the Burnside stock sale to-day 3349 sheep were yarded, the entry consisting mainly of good wethers and a small number of ewes. Prices for prime wethers were somewhat .in" advance of last week's quotation, but ewes met with' 1 ; very poor demand. Freezing buyers bought freely, bub prices for freezing weights • were a 1 shade easier than last-week. Best wethers realised20* tOj22s 6d (extra to 23s 3d);•medium, 17s 6d to 19s; inferior, up' to 16s. Best ewes, up to 17s 9d; inferior and light, up to lis. Lambs: 14 were yarded and sold up to 27s 'id. Cattle: 198 were yarded, the entry consisting' of some pens of prime quality bullocks, : which brought prices slightly below, those quoted ~ last week." Best • bullocks realised £10 to" £12 -.''Si;■■ medium, £7 to £9; inferior, up to £6 ss. B*;sb heifers, up to £8 15s; medium, £6 10s to £7 10s; inferior, up to £5 5«. Pig* : 115 were yarded. There wa« & brisk demand for young pigs, and porkers and-baconers, of which there was a small yarding, were firm at late rates. Suckers realised 19s to 21s 6d; slips, 23s to 28s; stores, 33s to 335; porkers, 40a to 425; light baconers, 48s to 535; heavy baconers, 58s to 60s; choppers, to £4 Bs. DTJNEDIN STOCK EXCHANGE. [Br TBLBGEAPH PBEB3 ASSOCIATION] DtrwErJis-, "Wednesday. The following Stock Exchange sale has been reported :—illlburn time.and Cement, £1 10s. ma PURCHASE OF BUTTER. JB* TELEGRAPH.—OWN - COKRESPOSDEST.] " FjKKTAmnrA, Wednesday. The New Zealand Farmers' Dairy Union has accepted a London offer for 200 tons of salted butter in bulk at 116s 6d per cwt. AUSTRALIAN PRODUCE MARKETS, By Telegraph.—Press Association.— SYDNEY, September 30. "Wheat. 4s 3d; flour, £9 5a Oats: Taamanian, 3s Id; New Zealand, A grade, gartons. 3s 2d; B grade, 3s Id. Barley, Cape, 48 7d to 4s 8d; maize, 4a 5(1; bran and pollard, £6; potatoes. Tasmanian. £4 15.3 to £5 10s; onions, Victorian £12, Japanese £15; butter, 112s; bacon, Bd. MELBOURNE, September 30. "Wheat, 4s lid to 4b 2d: flour. £3 10s; oats. Algerian, to 2s 3d; barley. Gape, prime, 43 2d; maize. 4s; bran. Is Id: pollard. Is 2d; potatoes, Tasmanians. to £5 ss; onions, £10 , 108 - September 30. ADELAIDE, September 30. •Wheat. 3s lOJd; floor, £3 5a to £3 103 bran ; and pollard. Is Id. - - \ ' , • LONDON. : '' By Telegraph.—Press ;ABsoci4ti6n;—Oopyrij?ht. ■*■ .; BOSDOs, September 29. ' iJ : ;" METALS. Copper: On spot, £59 12s otl; at three months, £60 89 9d. Tin: On spot, £132 10?; -at three months, £133 17s 6tl. Silver, Is llfd per ounce. WOOL. , -.'•-... i -'Tbo wool sales have -opened with brisk com- j petition. Good ctossci ate firm, iaulticß being 5 ,;.per ccut. lower, :•;,..-, ~ „

! - Previous clay's closing sale* Bank of New Zealand—2nd call, £8 13s 6d ... - 8 14 0 I Taupirl Coal— call, IBs 3d ... 0 18 3 Kauri Timber (con.)3rd call, Ms 2d ... 0 14 0 : D.S.C., Limited— call, 4s lOd . ■ ... — Auckland Tramways (ord.>—1st call, 21s 6d — Magnet (coil.)—3rd call, l£d ... ... — May Queen call, 2s Id ... *— New Sylvia—1st call. 2s 6d, 2s 7d; 2nd call, 2* 6d, 2s 7d. 2s 6d; 3rd call, . 2s fid, 2s 7d, 2s 6d, 2s 5d ... ... 0 2 0 Saion— call, Is Id ..«\ — Waiotahi— call, Is 10(1 " ... ... —■ WaitJtujfi— call, 33 4d ... 0 3 4 Mount Zeeh&n (con.) — call, 3d ... — Blackwater —1st cull, 25s 3d, 26s; 3rd -■ call, 26s'•:.■ A* 1 ' Consolidated Goldflelds —2nd call, 178 ... — Old Kapanga3rd call. Id ... ... —• Champion (con.) call, 4s 5d ; ... — Karangahake— call, lid, ll£d; 2nd call, Hid, Is; 3rd call. Is Id ... 0 0 11 Ready Bullion (con.)— call, 3Jd ... — ■ Silver Hill—1st , call, 4d ... ... ... — Tairua Dawn— call, 6jd; 3rd call,. 7£d, 8d ... 0 0 6; Tairua Extended—2nd call, old, 6d; 3rd call, 6d ... ... ... • ... 0 0 8 Talisman1st' call, 43s 3d; 2nd call, -43s; 3rd call, 43s 3d, 43s ... 2 3 3 Waihi—let call, £9 4s 3d, £9 4s 6d; 3rd call,/£9 4s 6d, £9 *s ... ... 9 5 0 Wttibi Extended—3rd call, 3s Id . .... — Waihi Grand Junction—1st call, 338 3d; ' 3rd call, 33s, 33s 3d. . ... ... 112 9 CLOSING QUOTATIONS. • Sonera. Buyers. £ 8. d. £ «. d. BANKS- ; 1 New Zealand.; ... ... 8 15 0 ■ . 8 12 0 INSURANCE— .New Zealand ... ... 3 14 3 3 14 0 National ... — 18 0 FINANCIAL New Zealand and River Plate ... .... ». — 1 11 0 COAL— , ( Hiliiirangl ... ... V' ... 0 14 ,6 0 13 6 Nort. Co., Ltd., 10s paid 0 13 9 0 13 0 Taupiri Mines, Ltd. - ... 0 18 3 0 18 0 Westport ... ... ... 6 5 0 6 ~ 6 Westport • Stockton ... 0 3 3 — GAS- . Auckland 14 18 0 14 14 0 Auckland, new issue ...12 0 1 1 J SHII'l'lNO- . New Zealand • ...' — 6 8 ® Northern, paid up ... 0 36 3 0 5 a Northern, con ... ... ' — . 0-7 6 Devoniwrt : St«am : Ferry — 1 14 9 TIMBER— Kauri, con. ... ••• 0 1* 1 0 14 0 Parker-Lamb. Limited : ... loo ; — MISCELLANEOUS— • Auckland Tramways, ord. 116 II? D.S.C., Limited ". .. ... 0 4 11 0 4 9 Grey and Men-ties, ord. ... 0 9 0 — Hill and Plummer, Ltd. 1 0 0 0 19 0 Milne, and Choycc, pre*. 116 — Milne and Choyce, ord. 1 0 6 — N.Z PoHland Cement Co. 18 0 16 0 N.Z. Portland Cement Co., a new issue , .- ••• 0 16 0 0 15 9 New Zealand Paper Mills — r 1 3 0 Wiseman and Sons, pief. 0 19 0 0 17 6 Wiseman and Sous, ord. 0 13 0 0 12 o Wilson's Portland Ocnient Co., ord. ... ... ... 1 17 0 1 16 0 DEBENTURES— New Zealand Government. ...» 4 per cent. ' ... , ... — 99 0 0 MINING— ■ ' Halcyon ... ••• — 0 0 5 Kuranui ... ... 0 0 9 ■~ — ' Kuranui-Caledoniaa ... 0 0 10 0 0 8 Magnet, con. 0 0 2 Son May Queen ... — •'• ???. 0 5 u t May Queen Extended ... 0 0 « 0 0 2 a New . Monowai ... — 0' 0 8A —> New Occidental ... ... 0 0 ?- . ~ r _ New Sylvia ... ••• ' 0 ? 6 0 ? 5 Saxon ... ...\ - 0 12 0 11 Scandinavian 0 2? „ r„, Southern' Queen ... ... 5 0 4 " 0 ~ . Thames ... - J J.J „ ~' Victor!* . , 0 0 10 0 0 6 wSiouhi 0 an 0 2 10 Waituugi . ... ••• 0 5 5 — Watchman .. 0 2* „ -- Mount. Zoehan, con. —95? X 2 iDixon's Consolidated ... II 0 4 9 9 5 Rla/»k water ... ••• 16 3 X n 9 Consolidated Goldfteldfi ... 0 17 0 0 16 6 Progress Mines ... . « J 12 0 0 11 3 Oolden Pali ... ... 0 0 4 0 0 2 3 Ilanraki Freehold .. ... 0 0 8 f.~„ Old Jhuraki Gold Mined 0 1 A 0 17 Old Kapansra • ... ... 0 J 1- 0 0 1 South Kapanga ... — 0 0 ? — Tokatea, (-on JJ 5 3 0 0 2J Brilliant Block, 3d paid 0 0 3 •— Champion, paid up ... 0 j 6 2^9 Champion, con 0 4 6 0 4 4 Crown • .,0 4 2 0 4 0 Golden Belt, paid up — 0 111 0 1 9 Golden Cross ... —> 0 v> 7 0 0 5 Karaiisfiliakfl ... •• J } J -J 1 1 Horn at* Reefa ... ... 0 12 Oil New Waitekauri ... ... 0 0 3 — Pride ot Waihi ... ... » J 5, „ — _ Ready Bullion, con. ... 0 0 3A 0 0 3 Rising Sun . ... " • ••• J J j 0 2^, Sliotover, con ... ••• ' 2 x if 2 2 S7 silver mil ... 0 0 4J 0 0 3i Tairua Broken Hills ... 0 2 6 | 2 3 Tairua 'Dawn .... —• 0 0 8 0 0 7 'fdirua (Jolden Hills ... 0 7 9 0 /0 Tairua Conqueror, con. ... 0 0 8 0 0 7 Tairna Extended ... ... 0 0 0 0 5. i Tairua Triumph ... ... 0 0 11, — | Talisman Consolidated ... 2 3 0 £ £ 9 Waihi . ... • ••• ■••2n I, 9 5? wlihi Beach ... .... 0 0 3j 0 0 3 Waihi Consolidated ... 0 2 1 0 111 Waihi Extended ... ... 0 3 4 0 3, 0 Waihi Grand Junction ... 1 13 3 - 1 13 0 Mountain Kinsr. con. ... — 0 0 5 Linigan'e Autimony Mine — 0 0 3| CALL AND DIVIDEND LloT. Dividendr/ ";. £ ; Bant,-o! Australasia ... • ... 2 10 0 Oct. 2 Calls. R v New .Sylvia, September 10 ... 0 0 I Now Golden Cross, beptember 11 ... 0 0 1 Oct. I Old Alburuia, September 14 ... 0 0 j Oct. 5 May Queen, September la ... 0 ? J, Oct. 5 Trafalgar, September 23 , ... 0 0 - 0J, Oct. 16 Golden Belt, September 2.1 . 0 0 l.^oy Vi 4