COMMERCIAL

New Zealand Herald, Volume XLVI, Issue 14221, 18 November 1909, Page 3

COMMERCIAL

The sharemarket was again weak yesterday. In investment stocks business was ; done in New Zealand and River". Plates at 36s 6d, in Tauptri Coals at 19s 3d, and in Milne and Choyce (pref.'B) aVZ2s'6d. In mining lines Waihis eased slightly, selling at £9 18s and £9 17s 6d, and closing with buyers, at £9 16s 6d, sellers at £9 18s. Grand Junctions, after recovering to 40s, again dropped, the transactions recorded being at from 40s to 39s 9d to 40s to 38s 9d. The closing quotations were buyers 38s 6d, sellers 395. Waihi Extendeds realised 4s Id and 4s 2d. Talismans were dealt in at 49.3 6d and 50s, there being further, buyers at 49s 9d,. and sellers at 50a. Several other lines showed . slight improvement.

AUCKLAND STOCK EXCHANGE. k BUSINESS DONE YESTERDAY. , Previous day's closing sales. ] * £ s. (1. New Zealand and River Plate— call, 36s 6d ... .— , Taupiri Coal— call, 19s 3d ... ... ... — .'■'■■ Milne and Cboyoe (pre!., B) — and 3rd calls, 22s 6d ... — May Queen— and 3rd calls, 3s lid ... 0 310 New Sylvia—lst call, 4s lid; 2nd call, 5s 0 411 Occidental Consolidated—lst call, 2d ... — Point Kussell—lst call, 5d — Waltangi Consolidated—lst call, 3s; 3rd call, 3s 3d ... ... • ... ... 0 3 6 [ Crown—2nd call, 5s lid .„ ... .. 0511 ) Dominion (con)— call, 4Jd ... ... 00 44 Golden Belt (paid)—lst call, Is 2d ... 0 11' i Golden Belt (con.)—3rd call,, Bid ... 0 0 8 Tairua Broken Hills— and 3rd calls, Is 4d ... ... ... ... ... 13 Tairua Golden Hills—2nd and 3rd calls, ; 5s 6d ... ... ... 0 5 6 Talisman Consolidated—lst call, 49s 6d; 2nd call, 50s ... ... 2 10 0 ■ Waihi— call, £9 18s; 3rd call, £9 17s 6d . .... ... ;.. " ... 918 0 Waihi Extended—lst call, 4s Id; 2nd and 3rd calls, 4s 2d ... ... 0 4 2 Waihi Grand Junction— call, 40s, 39s 9d; 2nd call, 40s; 3rd call, 39s 3d, 395, 38s 9d ... ' ... 1 19 6 Handsworth— call, 10id ~ ~, — CLOSING QUOTATIONS. Sellers. Buyers. , £ a. d £ ft. d. BANKSNew Zealand — 9 12 0 National ■'— 5 17 6 INSURANCE— New Zealand 3 17 6 3 16 6 South Britisa .., ... 2 15 6 — Standard — 13 3 FINANCIAL— Hew Zealand and River Plate 1 17 6 1 16 0 «SOAl<Hikurangi ... ■ ... ... 110 019 6 Nort. Co., Ltd., 10s paid... 0 11 6 011 3 Taupiri Mines, Ltd. ... 019 3 0 18 ' 9 Westport — 6 4 0CAS— Auckland, new issue ... — 15 Thames ... 1 14 0 — Gisborne ... 2 11 0 — SHIPPING— Northern, paid up ... 0 12 6 0 12 0 Northern, con. ...» 0 6 1 — TIMBERKauri, con ... ... ... 016 0 015 8 Leyland-O'Brien Co., Ltd.,ex div. ... r-. 12 6 WOOLLEN— Wellington ... ~« ..< — 3 0 0 Kaiapol ... — 4 18 0 MISCELLANEOUS— Frank Harris and Co., Ltd. 10 6 — Auckland Tramways, pref. 13 6 12 9 Auckland Tramways, ord. 119 116 D.8.C.. Limited 0 3 4 0 3 1 Hill and Plummer, Ltd... 10 6 — K.M. Arcade Theatre, pref. 10 6 ■ — • Milne and Choyce, Ltd., A - — ' ■12 0 Milne and Choyce, Ltd., B 1 4 6 12 0 New Zealand Drug, £2 ... — 2 6 0 Northern Boot — 0 12 0 New Zealand Paper Mills 12 3 119 Sharland and Co., pref. ... — 110 Tohson Garlick, Ltd. ... 018 6 — Wiseman and Sons, pref... 110 —• Wilsons Portland Cement Co., pref — 2 0 6 Taranaki Petroleum, paid 011 0 ■ — DEBENTURES— Auckland Harbour Board, 4 per cent. ... , ... ft 93 0 0 ■MINING— ■:•-"•' ■•■ . i r '-:■ *;:' i Bonanza , ... ~.rf ... 0 05J 0 0.4 "Dixon's Consolidated, paid 0 11 0 0 104 Dixon's Consolidated, con. 0 010 0 0 9 Halcyon ... 0 0 34 0 0 2 Kuranul ... 0 0 8 0 0 6 Kuranui-Oaledonian ... 0 1 7 0 14 Magnet, con ... ... 0 0 4 0 0 2 May Queen ... ... ... 0 4 0 0 311 May Queen Extended ..,0 0 3 — New Monowai ' ... ... 0 1 9 0 18 New Sylvia 0 5 0 0 4 11 Occidental Consolidated ... 0 0 3 0 0 li Old Alburnia, paid up ... 0 1 10 0 16 Old Alburnia, con. ... 0 18 0 13 [ Point Russell ... ... 0 0 6 0 0 5 Saxon ..016 12 Scandinavian ... ... 0 0 4 0 0 2 Southern Queen ...... 0 0 3 0 0 1 Thames ... ... ... 0 0 6 0 0 2 Victoria ... ... ... 0 14 0 10 ■■: Waiotahl ... ... ..." 0 4 11 0 4 10 Waitangl Consolidated ... 0 3 3 0 3 2 Watchman 0 2 6 ,< 0 110 Consolidated Goldfields ... 0 17 0 015 3 Ross Goldfields ... ...0 11 3 ,0 10 0 Progress Mines : .0 13 0 0 11 6 ;.Four-in-Hand ... ... 3 1 1 — Golden Pah ... ... ... 0 0 4 — Hauraki Freehold ...... 0 0 7 — Kapowai. con. .003 001 Monte Ohristo ... ... 0 0 44 0 0 3 Mount Welcome, con. ... 0 0 4 — Old Hauraki Gold Mines 0 19 0 18 Kapanga ...... ... 00 64 00 6 Pride of Tokatea 0 0 84 0 0 7 Royal Oak, con. ... ... 0 16 013 Tokatea ... .... ... 0 0 3 — Ngatiawa Consolidated ... 0 0 3 — Bendigo ... ...... 0 0 6 — Lanigan's Antimony Mine 0 0 5 0 0 2 Moewal ... ..." ... 0 0 24 — Seddon ... 0 0 24 0 0 14 Imperial , ... ' ...... 0 0 5 — New Success .... ... 0 0 6 0 0 2 Champion ... 0 0 7 — Crown ... 0 5 11 0 5 10 Dominion, con ... ... 0 0. 54 ,004 Glamorgan ... ... ...' 0 0 7 00 54 Golden Belt, paid up ... 0 1 3' 0 12 Golden Belt, con ... ... 0 0 84 0 0 8 Golden Cross ... ... 0 0 4 — Kirikiri ... I) 0 2 — Karangahake 0 0 4 0 0 3 Komata Reefs ...... 0 0 6 0 0 5 Maoriland ... 0 0 9 0 0 7 New Waitekauri ... ... 0 0 34 0 0 2 Phoenix ... ... ... 0 0 44 0 0 3 Pride of Waihi 0 0 10 0 0 6 Rising Sun ... 0 0 9 0 0 6 Shotover, con. ... ... 0 0 4 0 014 Tairua Broken Hills ... 0 1 5 0 14 Tairua Golden Hills ... 0;5 10 0 5 6 Tairua Extended ... ... 0 0 4 — Tairua Gem 0 0 34 — : Tairua Leads 0 0 2 — Tairua Reefs, 6d paid ... 0 0 3 0 0 2 Tairua Reefs, con. ... 0 0. 2 0 0 14 Talisman Consolidated ... 210 0 2 9 9 Waihi ... ... ... ... 9 18 0 9 16 6 Waihi Beach 0 0 7 — Waihi Consolidated ... 0 311 0 3 7 Waihi Extended ... < ... 0 4 2 0 4 1 Waihi Grand Junction ... 119 0 1 18 6 Waihi Grand Junction options ... ... .•• 016 6 013 0 Handsworth ... 0 0 11 0 0 94 Missouri 0 0 3 — Mountain King, Is paid ... 0 1 2 — . Mountain King, con. ... 0 010 0 0 84 Mountain Queen, con. - ... 0 0 7 — New Waitaia, con. ... 0 1 0 0 0 8 Crown Koyal 0 0 5 0 0 2 CALL AND DIVIDEND LIST. Dividends. Talisman Consolidated ... ... 0 16 Nov. 25 Northern Steamship Company... 7 p.c. Nov. 26 Waihi G.M. Co. ... ... ... 04 0 Deo. 1 Mount Lyoll Mining and Railway ' Company 0 19 Deo. 15 Calls. May Queen, October 18 ... 0 0 1 Now Golden Cross, October 29 ... 00 1 Now May Queen Extended. Sept. 17 0 0 04 Nov. 23 Saxon, November 8 ...... 0 0 1 Nov. 29 Tokatea, November 8 0 0 1 Nov. 29 Dixon's Consolidated, Nov. 10... 0 0 1 Nov. 29 Waihi Beach. November 11 ... 0 0 2 Dec. 1 Magnet, November 17 ... ... 0 0 1 Dec. 2 PROPERTY SALES. The land sale rooms of Messrs. Paul Hansen and Co. were packed yesterday, when Mr. Louis.Lewis offered for sale by auction several important properties. The Bed Vale Estate, comprising 495 acres, was sold for £3 10s 6d per acre. The Federal Hall property, situated in Wellesley-Rtreet West, a valuable block of land, with buildings, failed to reach the reserve and was withdrawn from sale. The Greenwood corner property was sold by Messrs. Hansen and Co. early in the week to a local syndicate, whose intention is to subdivide into i 7 allotments, which will be sold by public auction on December 8. Richard Arthur and Co. held a sale of property by auction at their rooms, City Market, yesterday. Two properties were offered, by order of the trustees in the estate of the late Mrs. E. Knox. That in Franklin Road, comprising a superior villa residence of six rooms, 011 a section 46ft frontage by 100 ft, brought £660, while the other, in : Collingwood-street, a nice cottage, on a section 33ft frontage by 100 ft, was sold for £485. A property was offered in the estate of the late Lady Hobeon, a section in Manukau Road, Parnell, but was passed in at £8 12s 6d a foot. A villa residence in Eldon Road, Mount Roskill. was also passed in, the highest bid being £700. DUNEDIN STOOK EXCHANGE. [BY TELEGRAPH.—PRESS ASSOCIATION.] DUK'BDIN', Wednesday. At the Stock Exchange to-day the following «ales resulted :—Rise and Shine, 38s; Waihi Grand Junction, 39s 3d, 39s 6d, 39s 3d. . The following sales were reported:—Waihi Grand Junction, 39a 9d, 40s; Muddy Terrace, 22a 6d; National Bank, £5 18s 6d ; Golden Bed, 15s.

WELLINGTON STOCK EXCHANGE.

[BY TELEGRAPH.—PRESS. ASSOCIATION.] .';,'•, Wellington, Wednesday. Mining quotations were called on the Wellington Stock Exchange this afternoon as follows:— Dominion (Karangahake), sellers sd; Golden Belt (paid), sellers Is 3d; Kuranui, buyers 6d, sales Yd (reported); Euranui-Oaledonian, sellers Is 6d; May Queen, buyers 3s Bd, sellers 3s lid, sales 3s lOd (reported), 3s lid' (on 'Change); Maoriland, buyers Bd, sellers lOd; Mountain King (paid), sellers Is 3d; Mountain King (con.), sellers Is; New- . Ma, buyers 4s 9d, sellers 5«; Reliance, sellers 4d; Saxon, sellers Is 6d; Tairua Broken Hills, buyers Is 3d, sellers Is 4d; Tairua Golden Hills, buyers 5s 6d; Talisman Consolidated, buyers £2 9s, sellers £2 10s; Waihi, sellers £9 17s; Waihl Grand Junction, buVers £1 18s 9d, sellers £1 19s, sales £1 19s (on 'Change), £1 195,. £1 18k 9d (reported), £119s, £119s,'£119s (oh 'Change); Waiting! Consolidated, buyers 3s, sellers 3s 3d; Watchman, buyers Is lOd, sales 2s (reported); West Coast Consolidated Goldflelds, sellers 16a 6d; Progress Mines, buyers 12s, sellers 12s 6d; Boss Goldflelds (paid), buyers "9s 9d, sellers 10s, sales 10s and. 9s 9d (on 'Change).

CHRISTCHURCH GRAIN AND PRODUCE MARKETS. [BY TELEGRAPH.— ASSOCIATION.] CHRISTCHURCH, Wednesday. Conditions existing previous to the holidays still prevail, with restricted business. Demands for wheat for coastwise shipment are hardening prices.' Stock is now admittedly low, and holders are not disposed to sell at current prices. One thousand sacks of Hunters' wheat have been sold at 4s 3d f.o.b. (sacks extra), and another line at 4s Id on truck at country stations. The feeling is strong that stocks will not last till the new crops are available, and a rise is expected at an early date. The coal trouble in Australia is calculated to prevent competition from tho Commonwealth, thus further hardening values slightly. There is a better demand for oats, especially heavy samples for. shipment, but long and discoloured are not competed for. Prices are unchanged. There has been some inquiry from the North Island, but orders have not been supplied owing to the extremely limited quantity on offer. Potatoes are in ■ short supply and • prices have risen. Up-to-Dates command £3 and Derwents £4,, but the latter are difficult to obtain.

ADDINGTON STOCK SALE. [BY TELEGRAPH.—PRESS ASSOCIATION.]

Christchtjrch, Wednesday. ! At the Addington live ' stock market to-day, there was a fair entry of stock The entry of store sheep was somewhat larger than at the previous sale, and consisted largely of shorn wethers, the balance being chiefly woolly hogget* and ewes and lambs. There was a very good demand, and prices showed practically no change. Wethers, in forward condition, made from 10s 3d to Us 6d (extra, to 13s); half-bred wether, hoggets in the wool, . 13s 9d; ewe hoggets in the wool, 13s 9d; extra to 17b) ; good crossbred Jiace, in the wool (mixed ages), lis Id, all counted; shorn ewes, with lambs, 5s 9d to 8s; aged, woolly, merino ewes, with lambs, 5s lid; shorn two-tooth ewes, 12s. lid; shorn four, six, and eight-tooth ewes, with lambs, 9s 9d, all counted. A line of forward wethers, in the wool, was passed in at 16s lid. The entry of fat lambs was the largest this season, and numbered nearly 1000 head. Though there were a few lots of email lambs, the bulk were well grown, though the condition was not so good as a few weeks ago. Competition was almost entirely on the part of butchers, and the prices were on a lower level than at the previous sale. Only one exporter was operating, and he took a few good pens at 13s 3d to 14s; best lambs made from 12s 6d to 15s, and lighter sorts from 9s to 12s. ■■", - There was a large entry of fat sheep, principally shorn, and ewes formed a larger proportion than for some time past. The range of prices was: Woolly wethers, 16a 9d to 22s M; prime shorn wethers, 16s to 19s (extra, to 21s); lighter, 13s 2d to 15s 6d; woolly hoggets, 17s 6d to 27s d; shorn hoggets, 15s to 17s; Woolly ewes, 16s to 235; prime shorn ewes, 14s. to I'm lid; others, 12s to 13s 6d. The yarding of fat cattle totalled . 369 head. fThere was a dull sale, and prices were on an average down about 6d per 1001b. Steers made from £7 5s to £12; heifers, £5 5s to £7 12s 6d; and cows, £4 17s 6d to £7 ss. Two large Shorthorn bullocks from the Waikato were passed at £15 10s and £14. A large yarding of store cattle came forward, including a consignment from Southland, mostly small sorts, in low condition. The sale of cows was not very brisk. Two-year steers made £4; 2-year heifers, £3 7s 6d; 3-year steers, £5 13s 6d; 3 and 4-year steers, £6 13s 6d; 3-year heifers,* £4 ss; and dry cows, 30s to £3 13s. The Southland lines sold as follows:— to 2-yeara, 47s 6d; 15 to 18 months, 41s; 24-year steers, £4 12s 6d. Dairy cows were in good demand at £3 10s to £9 10s. ■ ■ '- ■•'• ; :, There was a large entry of pigs, and the supply being beyond requirements, prices were easier. Choppers realised from 57s 6d to 70s; heavy baconera 50s to 555, and lighter 43s to 47s 6d (equal to 4id to 44d); large porkers, 37« 6d to 40s; lighter, to 35» (equal to 5d per lb); large stores, 32s to 365; medium, 25s to 31s; smaller, 18s to 245; good weaners. 12s 6d to 18s; and small sorts, 10s 6d tolls. BURNSIDE STOCK MARKET. [BY TELEGRAPH.—PRESS ASSOCIATION.] DUNEdin, Wednesday. At the Burnside stock market to-day there were 2046 sheep yarded. There was a fair 'yarding of good quality sheep. Prices were a shade firmer than those ruling last week. Best woolly wethers sold from 18s to 22s (extra 25s to 275); medium, 16s to 17s 6d. Heavy shorn wethers, up to 17s; good, 13s to 15s; medium, lis to 12s 6d. Heavy, ewes, up to 20s; medium, 13s tol6s 6d. ' There were 180 lambs yarded. Following on last week's entry of 400 this yarding resulted in a decided advancement in prices. Best lambs sold' up to 19s 3d; good, 14s to 17s; medium, 12s to; lis.6d. - '..:: ; The cattle yarded numbered 220. and the ruling prices were much the same as last week. The yarding was • composed of some really prime quality cattle. The sale dragged throughout. Best bullocks sold from £9 to £10 12s 6d; medium, £7; 10s to £8 15s; small and inferior sorts, £5 10s to 1 £6 15s; best cows and heifers, to £7 10s. v Average quality cows and heifers sold at prices up to £5 10s. - " , • ' ' There were 145 pigs yarded. Prices for young pigs, which were In large numbers, were about equal to last week. Porkers and baconers were in short supply and prices firmed about -Jd per lb.- Suckers, 12s to lis; slips, 14s to 18s; stores, 19s to 235; porkers, 28s. to 355; light baconers, 43s to 48s; heavy, 50s to 535. DUNEDIN GRAIN MARKET. J [BY TELEGRAPH.—PRESS ASSOCIATION.] ; ! DTTNedin, Wednesday. '.', There is very little doing in wheat at present, as millers are buying only-from hand to mouth. Prime milling sells at from 4s 4d to 4s sd; me-: dium to good, 4s Id to 4s 3d; best whole fowl feed, 3b lOd to 4s; medium to good, 3s 4d to 3s 9d. ■' -V- - \ .; r ,-K ;'■ 'i Supplies of oats in stores are now in small compass, and any business that is . done is usually for small lots on trucks at country stations. Prime milling Gartens are quoted at Is B£d to Is 9id; prime sparrowbills. Is 8d to Is 9d; good to best feed, Is 7d to Is 8d; inferior to medium, Is 4d to Is 6d. ............ ■ ... 1 1 LONDON. ■ By Telegraph.—Press Association.—Copyright. * :'< ■';,. ',«.: London, November 16. •, . .'..SILVER. ' .;; : j : Silver is quoted at Is 11 5-16 d per ounce standard. - .' , BANK SHARES. . Bank of Australasia: Buyers £109 10s, sellers £110 10s. Now South Wales: Buyers £48 ss, sellers £49 55., Union Bank: Buyers £65, sellers £66. The rest are unchanged. ' *'•"