COMMERCIAL.

New Zealand Herald, Volume XLVI, Issue 14081, 8 June 1909, Page 3

COMMERCIAL.

A vert good tone prevailed upo» the sharemarket yesterday. In investment lines South British Insurance sold at 48s 9d and 49i?, with late sellers at 50s, and buyers at 48s. Northern Coals were done at 19s 9d; Gisborne Gas at 53s 6d, Devonport Steam Forrys at 29s 6d, and Burfoot Wheels at 38a. In miscellaneous lines D.S.C.'s sold at 3s lid, and New Zealand Paper Mills at 22s 3d. In mining lines Talismans again changed hands at 525, late sellers closing at that price and buyers at 9d less. Waihis were' done at £9 3s, with sellers quoting that price, and buyers £9 2s 6d. Waihi Grand Junctions fell, being disposed of, at from 44s to 43s 6d to 43s 3d to 43s to 42s 9d to 43s to 43s 3d to 43s to 42s 9d to 42s 6d to 42s 3d; late sellers quoted 42s 3d, and buyers 425. Waihi Grand Junction options were don© at 19s. A sharp rise occurred in. May Queens and Waiotahis, owing, it. is thought, to the deep levels scheme developments. On Saturday the closing price of May Queens was 2s Id, and of Waiotahis 2s lOd. Yesterday May Queens were done at from 2s 3d to 2s 4d to 2s 5d to 2s 4d to 2s sd; and Waiotahis at from 3s to 3s Id to 3s to 3s Id to 3s 2d to 3s. Dixon's Consolidatcds sold at 3jd to 4£d, Kuranui-Caledonians at Is 2d, New Sylvias at 2a 7d, Old Albumins (con.) at lid, Saxons at 2s Id and 2s, Thames at sid, Waitangis at 4s 6d, WatoHimans at from Is 8d to Is 9d to Is lOd to Is 9d to Is lOd to Is 9d, Champions (paid up) at 4d, Crowns at from 5s ?d to 5s 6d to 5s 7d to 53 Sd; Karangahakes at Is, Is Id, Is 2d, and Is 3d; Maorilands at from 9d to 9Jd to 9d to lOd to 10id; Tairua Broken Hills at Is lid and 2s; Tairua Monarch Consolidated at 4d; Waihi Consolidated at, 23 9d and 2s 8d; and Waihi Extendods at from 63 6d to 6s 7d to 6s 6d to 6s 7d. * >

AUCKLAND STOCK EXCHANGE.

BUSINESS DONE YESTERDAY. Saturday* cloning Mies. £. a. JSouth British Insurance—2ml call, 48s 3d; 3rd call, 49b — Northern Coal—2nd call, 19* 9J ... — Oisborne Gas—3rd call, 53« 6d ••■ — Davenport Steam Ferry— call. 29s bd — Burfoot Wheel— 2nd call, 38s ... — D.S.C.—2nd call, 3s lid - - — New Zealand Taper Mill?— call, 22s 3d — Dixon's Consolidated—lit call, 34<1, «id; 2nd and 3rd calls, 4*d ° ,* Kuranui-Calcdonian—lst call, Is 2d ... 0 1 2 Slav Queen—lst call, 2s 3d, 2s 4d. 2s sd; 2nd call, 2« sd, 2s 4d; 3rd call, 2s 5d 0 2 1 New Sylvia-2nd call, 2s 7d 0 2 7 Old Alburnia, (con.)-3rd call, Ud ... 0 0 11 Saxon— lst call, 2s Id, 2s; 3rd call, 2s ... — Thames—3rd call. 54d <•■• ~ WaioUhl—lst call, 3s, 3s Id. 3s; 2nd call, 3s Id, 3s 2d, 3s Id; 3rd en?-. 3s Id 0 2 10 Waitangi—lst celt', 4* 6d 04 7 Watchman— call, Is 8d; 2nd 'ill. Is Bd, la 9d. 3rd call, Is lOd, is 9d, Is lOd, Is 9d ... • ... 017 Champion (paid up)—3rd call, 4<t ... — Crown-2nd call,' 5s 7d; 3rd call. 5s 6d, 5s 7d, 5s 8d "■ ... :"' : •• 0 5 5 hake—lst- call, Is; 2nd tall, la Id. is 2d; 3rd call, Is 2d, Is 3d ... 0 10 Maoriland— call, 3d; 3rd call, Did, " 3d, lOd, 104 d ...... ° 0 <i Tairua Broken Hllls—lst call. Is lid, 2s; 3rd call, 2* .... - •« - °l 10 Tairua Monarch 'Consolidated— call. * 4d ... .• , :-. •■ •••' ... ,° ° 3 Talism»n-~2t»d" call,; 52s ... - 212 0 Waihi—ls*. 2nd. and 3rd calls. £9 3s .... — Waihi CoiMiolidaicd— and 2nd calls, - . . 2s 9d; 3rd call. 2a 8d ;. 0 2 8 Waihi Extended—lst call. 6s 6d, 6s 7d; 2nd call, 6s 6d, 6s 7d ... ••'• 06 6 Waihi Grand Junction—lst call, 445, 43s 6d; 2nd call, 43« 3d. 41s, 42s 9d. 435, 43s 3d; 3rd call, 435, 42s 9d, 42s 6d, 42s 31? - - 24 3 Waihi Grand Junction (option*}—3rd . call, 19s ... ... ... ... 10 0

. CALL AND DIVIDEND LIST. Dividend*. Hill and Plummer, Ltd. ... 8 n.c. Now New Zealand Portland Cement,"-:: per half-year ... "... ■■• ■ 6 p.c Now • Mount, Lyell Mining ami Railway 7 r -', Company. .;. .<..;... 019 June 15 - Call* > :; •- :''' ; "';■;■■'- ,'-' ■ -•'. ' ■. Waihi Beach May 6 ...',, ...,, 0;0 1. Now Comstock, Juuel ' — . ~..001 June 23

PROPERTY 'SALES. Yesterday Messrs; * Samuel Cochrane and .Son sold bv auction, by order of the Public Trustee as administrator of'the estate of .Tames Baggott (deceased), a section of land, having Mft frontage t > " Hobwn-stre »t, on which is ,a boardinghotue, for £900, and also' another sectlou in Hobsonstreet, on which are a boardinghouse, bakehouse, and brick stable, for £1680, after some spirited bidding. ,:;■■■■■:■ ■-■>.. "V' ■ .;

' HIGH COMMISSIONER'S MARKET CABLEGRAM. [BY TBLBGBAPH.— ASSOCIATION.] s : ; Wellington-, Monday. The High Commissioner's market cablegram of June 5 is as follows— ' :'■ Mutton The market continues dull. There was a better demand at the close of the market on account of . the J low prices, but the stocks .on hand sire heavy, and good light-weights are getling very scarce, v Canterbury, 21d j N'orfh Island, fljd.;,:. •'■■ ' ."•''.' ■•'■■■ ■■- ■'" ' , ■ . Lamb: Market is weak. The good -demand continue* for Canterbury at 4|d for light-weights and 4d for heavyweights; North Island, lightweights 4j,d, heavy-weights 3Jd. Beef The market is rising and stocks are small. There is a good demand for all descriptions and

prices are nflvanc&ig. New Zealand hindquarters, lid; forequarters, 2}d. ' Butter: The market is dull, , with very little business doing, ouyers holding back expecting prices to go lower. Choicest New Zealand. 103s; Donlsh. 109«; Siberian, 935; Australian, 98s. Cheese: The market is rather quiet and the demand falling off • New Zealand white, 655; co'oured, 665. Hemp: The market continues dull and no transactions of importance arc reported. New Zealand, good fair grade, on spot, per ton, £23; New Zealand, fair grade, on spot, £21 10s; fair current Manila, on spot, £22; June to August shipments. New Zealand, good fair, £22 10s ; New Zealand, fair grade, £21 10s; .Manila, fair current, £21 10s. The Manila output for the week was 19.000 bales. Cocksfoot seed: There is no change to report. Wool: The market is quiet and small business doing. Bradford tops are quoted as follows:-— Thirty-sixes, low crossbreds, Is; forties, do.. Is Id; forty-fours, medium do., Is 2d; fifties, halfbred*, Is 62i; fifty-sixes, juarter-breds, Is lOd; sixties, merinos, 2h 3d. Wheat: The market is quiet, but steady. New Zealand longtime 1 wheat, on spot ex granary, per quarter of 496 , b, 46s 6d ; New Zealand shortberried ditto, 45s 6d. Oats: The market remains firm, with no change in prices, \-lg. : New Zealand, short sparrowbills, ex granary, on spot, per quarter of 3841b, 26a bd; New Zealand oats, Danish, ex granary, per quarter of 3201b, 20s 3d. Beans and peas : The market is firm owing, to reduced supplies. New Zealand beans, f.a.q. (old crop), per 5041b, 36s 6d; New Zealand peas, partridge, per 5041b. 49s 6d. The shipments from River Plate during May were:—London, 91,003 carcases mutton, 35.920 carcases lamb; Liverpool, 164,334 and 13,435; Hull. 14.000 and 500, Newcastle, 9912? and 357; Cardiff, 8500 and nil; Plymouth, 1202 and 907.

WELLINGTON STOCK EXCHANGE. [BY TELEGRAPH— COMtESrONDENT.] Wellington. Monday. At the mid-day meeting of the Stock Exchange the following were tin- sales reported:—Talisman, £2 lis 6d; Hartley and Riley, £1 Is 8d; Saxon, Is Hid. Waihi Grand Junctions eased to £2 2s 6d buyers, with sellers asking 9d more, and for Waihis £9 Is was oileted

WELLINGTON FRUIT AND PRODUCE MARKETS. [BY TELEGRAPH —OWN CORRESPONDENT.] Wellington, Monday. The market for apples continues to be very weak, and Auckland Doughertys and other varietie;? are, suffering in consequence. Instead o! from 9s to 10s per case ruling for the former prices are now 7i 6d to 8s per case and for other varieties 6s to 7s. Cooking: Prime are worth 4s ft 4s 9rt per case. Pears are in strong demand. For choice lis to 12s permease is offered; prime, 7<i 6d to 8s 6d; stewing, 4s 6d to 5s 6d. Lemons are. scarce and worth 6f to 6s 6d per case Passion-fruit is worth 3s to 3s 9d per box and persimmon* 3s to 4s. Grapes: Choice hothouse, lOd to Is per lb; others, 6d to Bd. Tomatoes: Choice 'euionsc, 6d to 8d rer lb. Potatoes : Prime, 9?; to 10s per sack; inferior, bs to 7s per sack. Gcirois arc In heavy supply at 5s to 6s per cwt *n.i nieklcrs are dull of sale at 5s to 5s 6d nit cw*. Cauliflowers: Choice are worth 5s to 7s:.wf sack. Cabbages. Is to Is 6d; lettuce, 3s 1-) "4:. per ease; piemelons, 2s to 3s per sack; pirns, 2s to 3s; marrows, Is to Is 9*!. Fresh e#p,wh»ve declined and the market is very weak at. 'is LOd to 2s per dozen; preserved, Is 4:1 to Is 56", with good supplies available.

fJEAR MEAT COMPANY. [BylyfeCE&a VPH.— puess association.] Wellington, Monday. The oTiirctors of the Gear Meat Company to-dfly declare:! >.rj interim dividend of 5 per cent, for the six 'fii>:'*iis ended May 31.

% ; LONDON. By T'-i?gT:iii:i.--rress Association Copyright. Lovdon, June 6. Nfe* ZEALAND, TRUST AND LOAN. The N**v'Valand Trust and Loan balance-sheet shows *, ptoiii of £22.010. A dividend of 5 per cent, i.' 'fc:ki?d and £20,010 carried forward. i FROZEN MS AT heep : 3?orti Island, 2 3-16 d (best, brands 2Jd). Lambs -. Canterbury, n*avy, 3 11-16 d. Beef: ■jtorcpiarters. 2£d ; hindquarters, 4£d. ■ AiMrsha-v rfenp: Heavv, ljd. light, 2d. Lambs : Uncharge 1. Ceef: Fotequartcrs, 21d; hindnuarteri, - , River flti: sheep : Heavy, 2d; light, 2jd. Beef: Forequaiters," 23d; hindquarters, B d. 1 MISCELLANEOUS Hemp i Quiet and unchanged. Courts ■! 4 good demand exists for South Sea in bags at £18 15s. METALS. Copper: On spot, £61 10s; at three months, £62 6s 3d; electrolytic, £62 15s. Tin: On spot, £133 2s 6d; at three months, £134 17a 6d. Antimony, £8 ss. Sliver, 2s Did per ounce. HIDES. The hide market is neglected and prices are r.cmiiiol. Queensland Heavy <>x, aid: light. 01, 52d; cow, sjd. Nothing is doing in leather and bttUt, •• "■ * SHARER Waihi Grand Junction: Buyers, 4ft?; sellers, 47a 6d. WHEAT AND FLOUI', The »!3«unt afloat tor the United Kingdom is 3.400.000 quarters and for the Continent, 1,680,000 quartern ' Atlantic shipments, 180,000 quarters. Mess-s; fnslgetv and Co. Limited, Auckland, have reei»iwri'ih« following cablegram from their London c-.-ffi-"'- under date the sth in»t Leather: VerV <!«£-- X* Australian offered. Basils :-Dull; hardly *«y. Australian offered. Hides: Strong.

CLOSING QUOTATIONS. Sellers. Buyer*. £ a. d. £ s. d. BANKSNew Zealand ... ... 9 2 6 9 « ° National , ...... .., ?' Vf kJ?..' t!S , 5 , % 3 ;, INSURANCE— " x: .-■■.«■'.-« '■ . > f ... New Zealand ... ... 3 18 6 3 17 0 National .. ..... 19 0 -- South British ... ... 2 10 0 2 8 0 Standard ... ..... — 12 6 iTNANCIAL— New'Zetland and l'.lter Hate r — 1 13 6 COAL- <" Hikurangi ... ...... 110 0 18 6 Taupiri Mine*, Ltd. ... 1 0 0 0 13 9 Drury ... ... .:. 0 3 6 — GAS— » ' ,' - 1 , Auckland .. ... ... - ''.; 14 10 0 Auckland, new issue ... I 0 9 ' 0 19 9 SHJPHNG— ., Northern, paid up .. 0 13 0 0 12 9 • Northern, con 0 6,6 - 0 6 0 Devonport Steam Ferry... 1 10 0 ■ 19 3* TIMBER— . " ,; '■■ .' ' '?' Kauri, con. : ... ... 0 15 0 0 14 9 MISCELLANEOUS— i Burfoot Wheel ... ..200 1 17 6 Auckland Tramways, pref. 13 3 12 9 Auckland Tramway*, ord. ,1:16 110 D.S.C., Limited 0 4 0 0 3 11 Oroy and Menraes, pref.... 0 9 0 — Hill and Plunm.er, Ltd... 10 6 — N.Z. Portland Cement Co. " 2 1 3 2 0 6 N.Z. Portland Ctmcnt Co., new issue ... , ... 1 15 6 — t Northern ' Boot ... ... 0 11 3 0 10 6 DEBENTURES— .■ ., , "' City, of Auckland 4 per "l : cent. ... v . . ... 96 0 0 • — Auckland Harbour Board '-•'.?,- 4 per cent. ...... 96 0 0 * — MINING— '. '; v .- *t Bonanza, con. .'. ... 0 0 3 I * — Dixon's Consolidated ... 0 0 5 0 0 4 Hitcyon ... ... ... 0 0 2i — Kuranui 0 0 9} 0 0 9 Kuranui-Ca'.edonian ... 0 1 3 0 12 Magnet, con. 0 0 3 — May Queen .. 0 2 5 0 2 4 New Mrmowal ... ..; 0 0 8 — Ne.v Sylvia ...... ... 0 2 7 0 2 6 Old Alburnia, paid up ... 0 16 0 15 Old Alburnia, con. ... 0 1 0 0 0 11 Saxon ... .0 2 0 0 1 11 Thames .... ... ... 0 0 6 0 0 "ii Victoria 0 11 0 .0 104 Walotahi ... ... ... 0 3 2 0 3 0 Waltangi Consolidated .'..0 4? 0 4 6 Watchman 0 1 10 0 19 Mount Zeehan, con. ... 0 0 2 0 0 1$ Consolidated Goldfields ... 0 17 9 0 17 6 Golden Pah 0 0 2 0 0 1 Hauraki Freehold 0 0 5 0 0 4 Kapowai, con. ... ... 0 0 6 — Old Hauraki Gold Mine* 0 10 0 0 11 Royal Oak, paid up ... 0 1 10 0 15 Royal Oak.'con. ...... 0 16. 0 1 4 Tangiaro, la paid ... ... 0, 0 7 0 0 1} Lanigan'* Antimony Mine 0 0 10 -— » Comstock, con ...... 0 0 8 0 0*7 Champion, paid up ... 0 0 6 0 02 Crown ... -. ... 0 5 9 0 5 8 Golden Belt, paid up ... 0 0 10 0-0 6 Golden Belt, con 0 0 3* 0 0 2 Golden Cross 0 0 24 0 0 14 Karangahake 0 14 0 12 Komata Reef* ... ...0 0 is 0 0 7 Maoriland ... 0 10 0 0 104 New Waltekauri ... ... 0 0 4 0 0 2 1'hCBnix. con. 0 0 4 0 0 3 Pride of Waihi - 0 0 10 0 0 81 Rising Sun ... ... 0 0 5 0 0 4$ • Tairua Broken Hills ... 0 2 0 0 1 11 Tairua Golden Hills ... 0 7 0 0 6 9 Tairui Extended ... ... 0 0 3 — • Tairua Leads 0 9?. „ - , Tairtta Monarch Con ... 0 0 4i 0 0 3 Tairua Reefs, 6d paid ..008 005 Tairua Reefs, con ... 0 0 5 0 0 4 Talisman Consolidated ... 2 12 0 2 11 3 Wathi ... ... ...... 9 3 0 9 2 6 Waihi Beach * .<.. ... 0 0 84 0 0 74 Wailu Consolidated ... 0 2 9 0 2 8 Waihi Extended • 0 6 7 0 6 5 Walhl Grand Junction ... 2 2 3 2 2 0 Waihi Orand Junction options. ... 0 19 6 0 18 0 1 Mountain King, con. .. 0 0 8.4 0 0 64 I New Waitaia 0 0 9 0 0 7