COMMERCIAL.

New Zealand Herald, Volume XLVI, Issue 14075, 1 June 1909, Page 3

COMMERCIAL.

Owixo principally Ito tlio fact that another very satisfactory telegram had been sent by, the manager of tho Wailii Grand Junction to London, something like a recurrence of tho mining boom that lnfd existed 011 the sharemarket a little while hack took plaeo yesterday, thousands of shares being disposed of at greatly enhanced prices. In standard lines the only stock sold was South British, which were don© at- 48s 9d, with late sellers at 495, and buyers at 3d less. ' In mining Talismans advanced 6d on Saturday's sales, being sold at. 51s, late sellers closing at that price, and buyers at 6d less. niliis changed hands at. £9 8s and £9 8s 6d. , Late sellers. quoted £9 9s, and buyers £9 Bs.' As already mentioned, considerable business was' done in Waihi Grand Junctions," which, right from tho. 10 o'clock call, became very active, and advanced.' considerably i m price oil Saturday's quotations. - Soles were made st, from 44s to 45s to 45s 6d'to 46a to 45s 9d to 45s 6d "lb 46s 6:1 to 45s 6d to 45s 9d to 45s 6d to ; 45s 9d- to 46s to 45s 9d. with, late sellers -at 45si9d,*i and buyers; at 4js 6d. Waihi Grand Junction options rose in sympathy, and were clone at from 20s to 19s 6d to IDs 3d, late sellers closing at 19s 6d, and buyers at 195./- New Sylvias changed bands at. 2.s sd;. Old Alburnias (paid up) at Is 4d.; Saxons at. Is lid; Thames at 6d and sd; Waitaiigis at, 4s 6d, 4s 7d, and 4s 8d ; ..Watchmans at llid and Is; Golden Crosses at 2jkl; Karangahakes at Is ,°d; Koniata Reefs at " 8d; Maorilands at »5dU I rido_. of ' Waihis at 9|d; Rising Suns at 3d; - Tairua Broken Hills at Is 8d: Tairua Golden Hills at 6s lid Tairua Leads at 2ad; , Waihi Reachs at 7i.d; Wailii Consolidateds -at 2s 4d; Waihi Extendeds at from 6s 8d to 6s 7d to 6s 6d to 6s 7d; and Mountain Kings (con.) at 6d. ■ , 'a

AUCKLAND STOCK CHANGE

; BUSINESS DONE YESTERDAY.x Saturday's j- .... ■■' doting cue*.' . ' ' i ' .: ' '■ £. *. .d ■ South British Insurance—lst call, 48s 9d — r New, Sylvia—2nd cull,v2s • s<l ... .... 0,2 5 Old Alburriia (paid up)—3r>J call, Is 4d — Saxon—lst. and 2nd calls, In.lid .«;. ... — Thames—lst call, 6d; 2nd and 3rd calls, . fid ... , ... ... ... ... ... 0 0 6i Tl'aitanjji—lst. call, 4s 6d. 4$ 7d; 2nd call,. Is 7d; 3rd call. 4s 8d , . ... .... 0 4 6 .Watchman;lst call, lUd, is;'2nd and - 3rd calls, Is . ... ... ... ... — Golden Cross—2nd call, 2Jd . ... , Karanßahake—lst call, Is 8d ... 0 1 8 Koniattt Rrefs—lst. call, 3d _ Maoriland—2nd call, Sd ' 0 0 4 Pride of Waihi —2nd and 3rd calls, 0 0 9 Rising Sun— call, 3(J ... ... — Tairua Broken Hills—3rd call, Is 8d ... — Tairua Gu'.Jkn- Hills—3rd call, 6» lid ... — " Tairua Lends— call, 2id ... ... —■ . Talisman— call, 51s ... 2 10 6 Waihi— call, £9 8s; 3rd call, £9 8s 6iT 98 0 Waihi Beach—2nd call, 7£d — Waihi Consolidated—2nd call, 2s 4d ... — Waihi Extended—lst call, 6s 8d; 2nd call. 6s 7d, 6s 6d; 3rd call, 6s 6d, 6s» 7d. . ... . ... ... .. ... ... 0 6 7 Waihi Grand Junction—lst call, 44?, 455, , 45s 611, 465. 45s 9d, 45s 6d; 2nd call, 45s fid to 46s 6d, 45s 6d-,--45s 9d, 45s 6d; 3rd call, 45s 6d, 45s 9d, 465, 4 C » 9d ; ... .... , ... ■ ... 2 2.6 Waihi Grand Junction (options)—lst coll, 20s; 2nd call, 20 s, 19s 6d; 3rd call, 19s 3d , ... ' ... / ... .... 017 3 .Mountain King (con.)—3rd call, 6d ... —

' CLOSING QUOTATIONS. Sellers. Buyer*. . £ *. d. £ s. d. BANKS— New Zealand ... ... 9 5 0 9 0 0 National 5 8 6 5 7 0 INSURANCE— * ' , National, ex div. ; 19 0 . • — South British- ... •"... 2 9 0 2 8 9 Standard ... ... ... — 12 6 FINANCIAL— New Zealand and River ■Plate ... .. ... 1 15 0 1 13 0 COAL— ; . Illfcurangi, ... ... 1.0 6 . 018 6 Taupiri Mines, Ltd. ... 1 0 0 019 3 Drury ... ■ ... 0 3 6 —, GAS- ' -Auckland, — 14 0 0 > Auckland, new issue ... 1 0 6 — Gisborne ... ...... 2 14 0 '. — SHIPPING— ; ■ rNorthern, 'paid up '" ... "0 13 0 - 012 3 Northern, eon . . ..0 6 4 0 5 11 i -D?VQoport Steam Ferry... 1 .10 0 -1 8 9 MISCELt.ANEOOS— Burfoot Wheel ... ... 210 119 6 Auckland Tramways, pref. 13 3-;" 12 6 Auckland Tramways, ord. 116 110 D.S.C., Limited ... ..0 4 0 0 310 Grey and M'n/.les, pret... 0 9 0 — Hill and Plumnie.-, Ltd. .110 — N.Z. Portland Cement Co. 22 0 2 1 0 N.Z Portland (-tment.Co., ': new issue ■■■ 1 16 0 1 15 0 Northern Boot Oil 6 010 9 New Zealand Taper Mills 4 — 12 3 Tonson Garlic];, Ltd. ... 019 0 018 6 Union Oil ' — 0 19 3 MINING , . Bonanza, con. ... ... 0 0 3 —- Dixon's Consolidated ... 0 0 3 0 0 1 II i ley on ... ~.. 0 0 2i' . — Kutamii i 0. 0 10 0 0 8 Kurainil-Caledonian ¥ ... 0 13 0 11 May Que»n ~' ... 0 2 1- 0 111 "■lay Queen Extended ... 0 0 3 ■ — . New Monowai: ... ... 0 0.8 , — New Sylvia ... 0 2 6' 0 2 5 Old AHmrnin, paid up ... 0 16 0 14 Old Albuniia, eon. ■ ... 0 010 0 0 9 Saxon ... ... ': .... .... 02 0 01 10 Thames '; ... ... ,0 -0 5i r 0 0 41 Victoria ' ..; Oil* 0 0 10 Waiotahi ... ... ... 0 2 9 0 2 8 Waitanjfi Consolidate! ... 0 4 9 0 4 7 ~-Watchman .... 0 1 10 1 0 Mount Zeehan, eon.' - . . 0 0 -.3 " — Consolidated Goldtlelds ... 0 17, 9 ; 0 17 0 Progress Mines .. ..0110 — Haiiraki Freehold ... 0 0 ,5 ; ' 0 0 3J Kapowni, con. . ... 0 0 6 , — Old lfauraki Gold Mines 0 10 0 0 il Royal Oak, paid up ... 0 1.10 0 15 Royal Oak. con. 0 15 0 14 Tangiar.'v Is paid ... 0 0 7 0 0 2J Taritriaro, con — 0 0 li 1/3 mean's Antimony Mine 0 0 10 — Conistock, con. ... • ... — -006 Crown ... 0 5 4 0 5 0 Golden Belt, paid up ... 0 010 0 0 .6, Golden Belt, con. ... ... 0 0 3 0 0 2 Golden Cross , ... ... 00 3 0 0 ,2.} Karangahake . ... ' ... 0 18 0 17" Komata Reef:< , .0 o'B ' 0 0 7 Maorlland ... ... 0 0 6 0 0 4i New Waitekauri ... ... 0 0 24 ;. 0 0 li Phtenix, con 0 0 4 — Pride of , Waihi 0 0 9,( 0 0 8} Rising Sun .. —. ... 0 0 .3" 0 0 21 Tairua Broken Hills . ...018 016 T:drua Golden Hills ... 0 7 0 0 6 9 Tairua . Extended ... ... 0 02i 0 0-1 Tairua Leads 0 0 JJ 0 0 3 Tairua Monarch Con. ... 0 0 5 0 0 4.J Tairua Reefs, 6d paid ... 0 0 8 0 0 5 Tairua Reefs, con. "... 0 0 6 0 0 4 Talisman Consolidated ... 2 11 0 2 10 6 Waihi ... 9 9 0 9 8 0 Waihi Beach f ... ... ■ 0 0 8 0-0-64 I Waihi Consolidated ... 0 2 5 0 -2 3. Waihi Extended ... ... 0 6 7 0 6 6 Waihi Grand Junction ... 2 5 9 2 5 6 Wailii . Grand , Junction . ( pilous ... ..! ... 019 6 019 0 Mountain King, con. ... 0 0 6 0. 0 54 New Waitaia ... ... 009 0081

CALL AND DIVIDEND LIST. Dividends / . , , National Insurances • ... ... . * — Now Waihi ... 0 6 0 Now Mount I.yell Mining- and Kailwaj'• Parker Lamb Timber, per annum 10 p.c. ■ June 4 Company .. ... .., 0 1. j ,'une 15 Calls. Southern Queen, May 26 ... 0 0 1 Now Old Hauraki, May 19 ... ... 0 0 1 Now Waihi Beach, May 6 ; ... • ...iiO 0 1 June 8 PROPERTY SALE. : ••'Messrs. Daljtety and Co., Limited, in conjunction with Messrs" l/origan and Co.", Te Kuiti, . will, sell on account of Mr. A. Harnett 20 freehold sections in the town of To Kuiti; also, on account of .Mr. Ed. Moore, live freehold sections in the same town, on Friday, June 11, at the Town llall, Te Kuiti. - -. > ". Messrs. T. Mandeno Jackson report the - sale of the Victoria Estate, better known as Busby's, op- : posite Russell, Bay of Islands, for Mr. Hewin, to a New Plymouth gentleman. The area is 91C0 'acres. . • ,/. ■... A property, consisting'of two four-roomed cot- ; tages on a section in Franklin Road, was submitted for sale by auction at the rooms of Messrs. Stimuel Cochrane and Son,/ Limited, j ester,lay. The highest/bid was £670, but- that being less than the : reserve ::<i sale was effected.

AVAIKATO STOCK SALES. Tlio Farmers' Co-operative Auctioneering Company, ' Limited. 1 report as follows /At. Ohaupo on Tuesday we had only a small yarding /of ,stock—2oo head of all, classes. . Two and two and a-half year steers sold - from £3 6s -to £3 16s; -18-monlll steers,, '£2- 7s to: £2 fls; calves, 265; fat heifers and cows, '£4 10? to £4 16s; frjsh-c.onditioned cows. £3 3s to .£3 ss; store cows /37s 6t« to 38s; mixed »iore.-'.cwwi and wethers, 10s; lambs, 6s Bd. J AI Matamata : on the following day we had a smaller entry of stock than usual— cattle. 214:, sheep, and 25 pigs. What was yarded met with a ready : sale and prices showed ,n - decided improvement on■ previon > sale. • Fat and forward -1 cows made £3 to £4 10s; 18-month steers, £2 las to £2 18s; : 18-month, steers, store,; £3 .lis- to - £4 4s; choice heifers in calf, £4 to - £4 ,10s;: more backward and younger sorts, £3 ss; good calves, | 25s,\to: 30s; smaller -; sorts, ; 19s . to 225; fat and; forward wether*, 1 12s 9d to 14s; cull lambs, ;5.t lid; porkeis, £2 to £2 10s; slips, £1 ss; weatier pigs, 10s. - - - .••At'- Cambridge on "Friday wo hall a, yarding of 1 610 cattle, 160 sheep, and '33-, horses- Eighty forward bullocks were required, artd made from £'} 5s to £6 10s; more backward sorts,;:£ - 19s to. £5 2s 6d; two-year-old steers, £3 12s -6d to £3

Los; 18-month steers, £2 lis io £?. 15s; aged fnt cfuvs. £3 5s to £3 15s;'' "empty store cows, £2.5*. «to' £2 15s; very ■: choice heifers, in calf, £41103 -to £5 ss; more "backward sorts, ; £3 10s ;to £4 ; 'dairy cows, to calve tin spring. £4 to £5 lf>s; Rood : : steer; calves, up .to 35* j mixed ? sexes, <25# to 30s; lor good ports, 15s to 20s; draught stallion Labour?i". £14 14s; medium draught mart's, £11 10s to £19; 'unbroken light, horses. £4 to £8 10s; ponies and scrubbers, : 20« V; to 40?; useful cobs, £3 5s to £8 10«, V.™: —__—, ;' —— „. ■ WELLINGTON STOCK EXCHANGE. . [by' TELEGRAPH.— corresposdext.] Wellington, Monday. The notable :feature/,, in 'the mining section, o) 'Change to-day•; was the. smart recovery in ■ Waihi Grand -.'Junctions,"' which were dealt in at £2 ss, as were; Talismans at, £2 10s. Waihi Extenders sold, at 6s» BJ. Waflii ,Grand Junctions closed with . sellers at £2 5s and buyers at £2 4s 9d; i Talisman*, £2-9s fed and £2 10s. DUNEDIN STOCK EXCHANGE. [Br TELEGRAPH.— ASSOCIATION.] DtJXEnisr, Monday. The following Stock> Exchange sales are.' reported — Waihi Extended, 6s 8d and fas 7d; Wailii Grand Junction, £2 5s 6d, £2 5s 3d, and £2 ss; Waihi, £9 ss, WELLINGTON FRUIT'AND PRODUCE : MARKETS. [BY TELEGRAPH,—OW-T CORRESPONDENT.] . Wellington, Monday. , With heavier: supplies ;■ of apples, available the 'local market , lias been very 'weak lately. Beet Dougherty are now worth only Is 6d to 8s per .case; other' varieties, 6s 'to 7s: cooking apples, '4s to ss. Choice dessert pears are in strong demand at 9s 6d to 10s 6:1 ,per case; prime are worth 6s to 7s 6d and stewjfag 4s to ss. Choice grapes are worth from lOd to Is per lb. a better demand now existing,' as Australian are finished for the season. Persimmons are worth from 3s 6d to 4s bd' per box and passion-fruit from 4s to 5s per case. The Fijian bananas arrived in good condition and sold well— to 8s and bunches to 4». Potatoes are in heavy supply at 4s 9(1 to 5s 3d per cwt. . Onions are weaker, with good quantities offering. The local wholesale value is 5s to 6s per cwt. Cauliflowers are worth 4? to 7s per sack: cabbages, Is to 2s; lettuce, 3s to 45 per case. ;Fresn eggs are weak at 2s Id and 2s 2d per dozen; preserved, Is 4d to Is sd. ■ '....i... —— ——. '•' HIGH COMMISSIONER'S MARKET CABLEGRAM. ." [BY TELEGRAPH.—PRESS ASSOCIATION.] ( : • Wellington, Monday. The -High Commissioner's market cablegram, dated London May 29, is as follows:— Mutton; The market is very dull and there has not been the slightest improvement in trade, which is very disappointing, there being, only a very hand-to-mouth demand. Stocks on hand are heavy and widely distributed amongst agents, who are pushing sales. Canterbury brands range according to quality from 3jd to id; North Island, from 2Jd to l*|d. Lamb : A good demand exists for prime quality lamb, but at a slight fall in prices ell round. Canterbury brands range, according to quality, from 4}d to 4d; other than Canterbury, 4Jd to 32:1. r.erf: The market is steady and a good demand exists for all descriptions. New-Zealand hindquarters are' quoted at. 31 d and foiequarters at ?.id. " Butter: The market is dull. and. though the weather is more favourable, there is less demand. • Choicest New Zealand is quoted at 104s, Danish at 112s, and Siberian at 100s. 1 ' Cheese: The market is quiet, but firm. Canadian supplies are increasing. New Zealand white is quoted at 65s and coloured at 675. Kemp,; The market is quiet, and small business is (loins;. Holders are firm. New Zealand, good to fair, on spot. £23; fair grade, on spot, £21 10s. Fair current. Manila, on spot, £23. May-July shipments; New Zealand!, good fair grade, per ton, £22 15s; New Zealand, fair grade, per ton, £21 10s; fair current Manila, £22 10s. The Manila output for the week was 25.000 bales. Cocksfoot seed: The market is dull and buyers are not keen to do business. Quotations are nominal. The average price for bright, clean New Zealand seid, 171b per bushel, oil spot, per cwt, is about £6?. • Wheat: The market is slightly weaker, with less demand, but no change in prices. , NewZealand longberried wheat, on spot, ex granary, per quarter of 4961b, 46s 6d; ehortberried ditto, 45s fid. ' Oats: The market is steady, with a very good demand. '' 1 . Beans and peas : The market is firm. Wool.. The .market remains firm.

Hop!*: The market is quiet, but firm, and the demand is chiefly for medium quality, from 403 to 50s. .

, LONDON. By Telegraph.—i Press Association.—Copyright. - London, May 30. WHEAT. vAn Australian cargo told at 43s lC£d. . FROZEN MEAT. ; . Sheep: Canterbury. light., 3Jd North Island, 2i'l (best brands 2" *); others, unchanged. Lambs: Canterbury, light 4jd, medium 4id, heavy, 3jjd; Southland, 4Jd; North Island, 3 13-16il (selected brands 4 l-16d).. ' , Beef: Forequarterf, 2id; hindquarters. 3Jd. f .Australian sheep: Unchanged. Lambs—Best brands, 3 l-12d; fair quality, 3|«l ; * inferior quality, 31(1; Beef—Forequarters, 2i<l: hindquarters. 3 jd. ' River Plate sheep and lambs are unchanged. • Beef: Forequarters, 2id; hindquarters, 3Jd. - . HEMP. ■;■ . The hemp "ma -kefc is'quiet. May-July shipment, £23. ' ( ' COPRA. - 1 The coma market, ib active. South Sea, in bags, £18 7« fed. v • • '• ' " • ' , . Copper: On spot, £60 17s 6d; at three months, ■ £61 12s 6d. ' ' ' METALS. Tin : On spot, £131 15s; at three months, £133. Lead,- £13. 2s 6d. .< Silver, 2s O.'.d per ounce. ' Antimony, £0. : MISCELLANEOUS. : ; • Tinplates, - 12s 3d and > 13s 3d. ' Angle steel, £5. V. Tram rails, £5. , Linseed oil, £26. ' . , <