COMMERCIAL.

New Zealand Herald, Volume XLVI, Issue 14233, 2 December 1909, Page 3

COMMERCIAL.

The Stock Exchange, which was closed on Tuesday (St. Andrew's Day), reopened yo'sterdaj, when business was quiet. In investment lines Northern Steams (con.) sold at 5s 4d and Wilsons Portland Cements (pref.) at 425. In mining lines Talismans cased a little, sale* being recorded at 46s 6d to 45s 6d, with further sellers asking 45s 9d and buyers at 45s 3d. Waihi Grand Junctions were done at 395, with more on offer at that price, and buyers at 38s 9tl. Waihis were quoted at £9 16s 6d (ex div.), with buyers at £9 15s. The following sales were reported:— Queens at 2» lid and 2s lOd (ex rights) ; Now Sylvias at 5s 2d to 5s 6d; Saxons at Is Id; Waiotahis at 5s to 5s 2d to ss; Watchman at Is 9d; Kapowais' at lid; Crowns at 5s 5d to 5s 6<l to 5s 2d ; Tairua Broken Hills at Is 2d; and Tairua Golden Hills at 4s lid and 4s 9d.

AUCKLAND STOCK EXCHANGE;. BUSINESS DONE YESTERDAY. Monday's closing sale*. £ 8. <t Northern Steamship (con.)—3rd call, 5s 4d 0 5 3 Wilsons Portland Cement (pref.)—2nd call, 42s ... ... —• May Queen (ex rights)—3rd call, 2s lid, 2s lOd 0 3 3 New Sylvia—2nd call, 5s 2d to 5s 6d ... — Saxon—lst, 2nd, and 3rd calls, Is Id ... 0 1 1 Waiotahi—lit call, 5s to 5s 2d; 2nd call, 5s 2d 0 4 11 Watchman— call, Is 9d 0 19 Kapowai (con.)—lst call, lid ... — Crown-2nd call. 5s sd, 5a 6d; 3rd call, 5s 5d to 5s 2d — Tairua Broken Hills—3rd call, Is 2d ... 0 12 Tairua Golden Hills— call, 4s lid, 4s 9d 0 4 9 Talisman Consolidated— call, 46s 6d; 2nd call, 46s 3d, 46»; 3rd call, 45s 6d 2 7 0 Waihi Grand Junction— call, 39s ... 1 13 9 CLOSING QUOTATIONS. Sellers, Buyers. £ a. d £ a. d. BANKSNew Zealand 9 17 6 9 13 6 National ... 6 10 6 0 0 INSURANCE— New Zealand 3 18 0 3 16 6 COAL— Hikurangi 110 0 19 6 Nort. Co., Ltd.. 10s paid — 0 12 0 Taupiri Mines, Ltd. ... 0 19 0 0 18 9 GAS— Auckland, new issue ... — 15 6 SHU'PINQ— * Northern, con. . 0 5 6 0 5 3 TIMBER— Kauri, paid up — 1 13 0 Kauri, con 0 15 11 —■ Leyland-O'Brien Co., Ltd. — 12 3 WOOLLEN— Wellington — 3 0 0 MISCELLANEOUS— Frank Harris and Co., Ltd. 10 0 — Auckland Tramways, pref. — 12 0 Auckland Tramways, ord. 116 110 D.S.C., Limited 0 3 5 — Hill and Hummer, Ltd.... 10 6 — H.M. Arcade Theat, pref. 10 6 — N.Z. Portland Cement Co. 1 19 0 1 17 3 Northern Boot — 0 12 0 New Zealand Paper Mills 12 0 116 Sharland and Co., pref. — 110 Tonson Garlick, Ltd. ... 0 18 6 — Wiseman and Sons, ord. 0 13 0 — Wilsons Portland Cement Co., pref. ...... 22 6 2 2 0 Wilsons Portland Cement Co., ord ... — 2 19 Taranaki Petroleum, paid 0 11 0 — MINING— Bonanza 0 0 5 0 0 3 Dixon's Consolidated, paid 0 0 10 0 0 8J Dixon's Consolidated, con. 0 0 71 0 0 5i Halcyon 0 0 3 0 0 1 Imperial 0 0 5 — Kuranui 0 0 7 0 0 3 Kuranul-Caledonian ... 0 1 3 0 11 May Queen, ex rights ... 0 3 0 0 2 10 May Queen Extended ... 0 0 3 — New Monowai 0 16 0 12 New Svlvia 0 5 6 0 5 4 Occidental Consolidated ... 0 0 2i — Old Alburnla, paid up ...01-8 011 Point Russell ■ 0 0 4 0 0 31 Saxon ... 0 1 2 0 11 Scandinavian 0 0 3 0 0 li Southern Queen 0 0 3 — Thames 0 0 5 — Victoria 0 10 0 0 8| Waiotahi 0 5 1 0 5 0 Waitangi Consolidated ..032 0 2 10 Watchman 0 1 10 0 19 Blackwater 18 6 — Consolidated Goldflelds ... 0 18 3 0 17 0 New Alpine, paid up ... 0 2 9 — New Alpine, con. ... 0 2 0 — Ross Goldflelds 0 11 0 0 9 0 Progress Mines ... ... 0 13 6 0 12 9 Four-in-Hand 0 10 — Golden Pah 0 0 2] — Hauraki Freehold ... ... 0 0 5 — Monte Christo 0 0 4 0 0 2 Mount Welcome con ... 0 0 4 — Old Hauraki Gold Mines 0 13 0 12 Kapangn 0 0 7 0 0 5 Tride of Tokatea 0 0 7 0 0 3 Royal Oak, paid up ... 0 1 8 0 15 Ro'val Oak, con 0 15 11 Tokatea 0 0 2 — Bendigo 0 0 6 0 0 3 Lanlgan's Antimony Mine 0 0 5 0 0 21 Mocwai 0 0 21 — Seddon 0 0 3 — Crown 0 5 3 0 5 1 Crown Royal 0 0 3 — Dominion, con 0 0 3 0 0 2J Glamorgan 0 0 6 0 0 3 Golden Belt, paid up ... 0 0 Hi 0 0 101 Golden Belt, ron 0 0 71 0 0 61 Golden Cross ... ... 0 0 2 — Karangahake 0 0 3 0 0 11 Komata Reefs 0 0 51 0 0 4 Maoriland ... 0 0 8 — New Waitekauri 0 0 3 0 0 li Phoenix ... 0 0 4 — Pride of Waihi ... ... 0 0 8 0 0 3 Rising Sun 0 0 7 — Tairua Broken Hills ... 0 1 2 0 11 Tairua Golden Hills ... 0 5 1 0 4 9 Tairua Extended 0 0 3 — Tairua Gem 0 0 31 — Tairua Monarch Con. ... 0 0 2 0 0 1 Tairua Reefs, 6d paid ... 0 0 3 0 0 11 Tairua Reefs, con. ... 0 0 2 — Talisman Consolidated ... 2 5 .9 2 5 3 Waihi, ex div 9 16 6 9 15 0 ' Waihi Beach 0 0 41 0 0 31 Waihi Reefs Consolidated 0 12 0 0 9 6 Waihi Extended 0 3 9' 037 Waihi Grand Junction ... 1 19 0. 1.18 9 Waihi Grand Junction options 0 13 0 0 10 0 Handsworth 0 0 10 0 0 6 Missouri 0 0 2 0 0 1 Mountain King, Is paid ... 0 1 1 — Mountain Queen, con. ... 0 0 7 — New Waitaia, con. ... 0 0 71 0 0 61 CALL AND DIVIDEND LIST. Dividend's. Waihi G.M. Co 0 4 0 Now Kapanga, November 29 ... 0 0 2 Dec. 14 Mount Lvell Mining and Railway Company 0 19 Deo. 15 Calls. Takapuna Tramway* and Ferry Company, October 4 0 2 6 Now Saxon, November 8 0 0 1 Now Tokatea, November 8 0 0 1 Now Dixon's Consolidated, Nov. 10... 0 0 1 Now Waihi Beach, November 11 ... 0 0 2 Now .Magnet, November d 7 0 0 1 Now Moewai Consolidated, Nov. 18... 0 0 1 Now Royal 0»k (con.), November 2? .. 0 0 I Dec 7 New Waitaia, December I ... 0 0 1 Dec. 20 DUNEDIN STOCK EXCHANGE. [BT TELEGRAPH.— PHBSS ASSOCIATION.] DCXEDIK, Wednesday. The Stock Exchange sales reported to-day were : —Union Steam, 33s 6d ; National Insurance, 28s; Talisman Consolidated, 465; Notown Creek, 10«.

PROPERTY SALES. Messrs. T. Mandeno Jackson offered for sale by public auction at their rooms. Custom-street hast, yesterday a number of desirable properties. »»**" teen building sites in the locality of Grcenlands township, which is situated at the car terminus, Remuertf, and handy to the Green Lane station, were brought under the hammer. Only two were sold, each having a frontage of 66ft to Royal Terrace by a depth of 165 ft. Each section realised £2 "15s per foot, The other sections and properties failed to reach the reserves. There was a good attendance and bidding; was spirited at Mr. 0. B. Osmond's sale of property at the Chamber of Commerce yesterday. A property in Newton Road, consisting of a house of seven rooms on a section 40ft by 100 ft. was sold for £474. The farm property at Mauku failed to reach the reserve.

WELLINGTON STOCK EXCHANGE. TBr THLEQRAFH.—PRESS ASSOCIATION.] Wellington, Wednesday.

The Wellington Stock Exchange mining quotations to-day were:—Auckland: Dominion (Karangahake), "sellers 3d; Koranui, buyers 4d; Kura-nui-Caledordan, buyers Is; May Queen, buyers 3s, sellers 3s 3d, sales 3s Id (on 'Change); Maoriland, buyers 7d. sellers 9d; Mountain King (con.), sellers Is; New Zealand Crown, buyers 5» 3d; New Sylvia, buyers 5s 2d, sellers 5s sd, sales 5s 2d (reported): Saxon, buyers Is 2d,; Tairua Broken Hills, sellers Is 2d; Talisman Consolidated, buyers £2 ss, sellers £2 5s 9d, sales £2 6s, £2 5s 6<l (reported); Tangiaro, buyers id; Waihl, buyers £9 12s, sellers £9 13s 6d, sales £9 lis 6d (reported), £9 12s 6d (on 'Change); Waihi Consolidated, buyers 9s 6d; Waihi Extended, buyers 3s 9d ; Waihi Grand Junction, buyers £1 18* 3d, sellers £1 19s, .sales £1 IBs 9d (repotted); W'aiotahi, sellers 4s 9d ; Waitangi Consolidated, sellers 3s id, sales 3s (on 'Change). West Coast: Blackwater Mines, buyers £1 6s 6d, sellers £1 6s 9d; Consolidated Goldfleldx, buyers 16s 9d, sellers 17s 9d; Progress Mines, buyers 12s, sellers 12s 6d, sales 12s 6d '(reported); Boss Qoldflelds (paid), buyers 9s 6d, sellers 9s 9d, sales 9s 9d (on 'Change). Otago: Muddy Terrace, buyers £1 6s, sales £1 6s (reported).

ADDINGTON STOCK SALES. [BY TELEGItArr..—rRESS ASSOCIATION.] Christ-church. Wednesday. The ordinary entries of all classes of stock were penned at Addington Yards to-day, although those of fat lambs and store sheep showed an advance on the previous week, with the exception of some lines of ewes. Practically all the sheep yarded were out of wool.

The attendance was rather above the average of, recent markets, and all classes interested in stock were well represented. Farmers present at the sale reported that the outlook from the agricultural standpoint had never appeared brighter than at present. Everywhere there was an abundance of grass, and crops were looking wonderfully promising, but there was a general consensus' of opinion that a few weeks of warm sunshine and absence of rain would have a beneficial effect not only on the crops, but also on the pastures. as, on account of the moist season, grass in many localities is becoming rank, and thus lacks the nutritive qualifies resulting from sunshiny weather. It was reported too. that the recent muggy weather was mainly responsible for the. appearance of rust in the crops in many districts. The yarding of fat cattle, numbering 1230, was below the average of recent markets, but the quality was about equal to the usual standard. From the outset the sale was very irregular, values differing considerably at various periods, and the market was a shade weaker than the previous week's, although not quota lower. Steers realised from £7 to £10; heifers. £5 15s to £8; and cows, £5 to £8 7s 6d. Best steer beef realised 21s to 235; medium. 18a to 20« 6d. and cow beef, 17s 6d per 1001b. In veal calves there was a fair entry, principally of puny animals, and average demand, prices ranging from 4s 6d to £2, according to age, quality, and condition. The yarding of fat lambs totalled 1320, compared with 560 last week. The entries were mostly of good quality, but as the result of the large supply and competition being confined to butchers, prices were easier, and the decline equal to Is 6d per head on the prices ruling the previous week. It has to be recorded, despite the large yarding, that nearly all the lots changed hands, the number passed being ouly 135. The best class realised 12s to 14s 6d, and lighter Ps 6d to lis 6d.

The yarding of store"-sheep was larger than at previous sales, and included some lines of very nice quality. All classes of sheep were represented, and the percentage of wethers was larger than for some weeks past. There was a very good attendance of buyers, all of whom appeared keen to do business, with the result that the sale was a spirited one, and all lots were cleared under the hammer, at prices equal to, and in some instance* above, the previous week's level. Ewes, woolly, mostly aped, with lambs, made from 7s lOd to 9s 6d ; shorn ewes with lambs, 19s 2d, all counted; four and six-tooth ewes, shorn. 9s 3d to 9s 4d; ewes in wool, with lambs, 10s 6d to 15* Id ; shorn crossbred ewes, 8a; shorn halfbred ewes, 13s 9d: owe hoggets, in wool, with lambs, 10s 6d: two-tooth wethers, shorn, 9s 7d to 10s lOd; four and six-tooth wethers, lis 8d to 14s 2d; four-tooth wethers, very forward, 13s 3d to 14? 2d : cull shorn wethers, 8« 4d; wether hogget*. 10s 6d. Fat pigs were in smaller supply than for some weeks past, and prices were on a par with those ruling for some weeks.

Choppers made to £3 10s; heavy baconers, 46s to 50s, and lighter, 38s to 45s (equal to 4d to 4{d per lb); heavy porkers made 34s to 375, and lighter 30s to 33s (equal 4Jd to 4Jd per lb). The demand for stores, of which there was a medium entry, showed an improvement, especially for the smaller sorts. Medium stores made. 22a to 30s, and smaller 18s to 20s: small weanera made 10s 6d. and good sorts to 16* 6d. There was a rather larger yarding of fat sheep than last week, the bulk being good.

In prime wethers and ewe* the Bale opened very well, and priced then ease*?, but recovered again, though on the whole they were below last week's level, in some cases us much as Is pet head. A West Coast buyer assisted the market by his operations, and several lota of backward young sheep were, bought by graziers. The range of prices was :—Woolly wethers, 19» 9d ; woolly hoggets, 17s 10* ; woolly ewes, 15s to 18s 3d; prime shorn wethers, 15s to 16* 6d; lighter Hi to 14s bd ; prime shorn ewes, 13s 6d to 14a 7d ; others, 8s to 12s ; shorn hoggets, 12s 6d.

A small yarding of More cattle was made up principally of 15 to 18-month* sorts, and there was a good demand for yearlings, which made 36s ; 15-month* to 18-months, 42s to 52s 6d ; twoyears steers. £4 Is to £4 13s: three-years steers, £5 15a: 21-year-old steer*, £4 17s 6d ; and drycows. 20s to £4 9s. Dry cows made £3 to £9 15s.

BURNSIDE STOCK MARKET. [BY TELEGRAPH.— PRESS ASSOCIATION.] DUNEniy, Wednesday.

At the Burnside stock market to-day 140 head of fat cattle were yarded. The quality only medium, with odd "pens of prime bullocks. Owing t.) the small entry prices showed an advance of from 5s to 10s per head, best bullocks fetching from £9 10s to £10 10s (extra heavy £11 7b 6d to £12). goo 1 £8 to £9, and light £6 10s to £7 10s Best rows and heifers sold at from £7 to £8, medium to good £5 10s to £6 10s, and light and inferior £3 15s to £4 15s.

There were 2438 sheep yarded. The medium yarding was of fair quality, the greater proportion being shorn. Prices were much the same as those ruling last week. Best woolly wethers brought from 21s to 22s 6d (extra to 25s 6d), medium 18r 6d to 20s, inferior 16s to 17s; best shorn wethers 15s to 16s (extra to 17s 3d), medium 13s to 14s, inferior 12s to 12s 6d; best woolly ewes to 225, medium 17s to 18s; shorn ewes 12s to 13s, medium to 9s 6d.

The number of lambs yarded was 448. Prices showed a slight advance as compared with last week. A slight easing off was noticeable towards the end of the sole. Best fetched up to 16s 6d, medium to 13s, inferior to 10s. A few of extra quality sold up to 17s 6d. " There was a large yarding of pigs, 180 being forward. The, quality, especially of porkers and baconers. was extra good, but owing to the large number coming forward, and the weather being too warm for curing, heavy pigs showed a drop of from 10s to 15s on late rates. Suckers sold at from 16s to 19s, stores 23s to 30s, porkers 33s to 38s; light, baconers 43s to 465, heavy 48s to 53s>. ORIENT SHIPPING COMPANY. By Telegraph. —l'ress Association.—Copyright. London, November 30. The Orient Shipping Company's report shows a profit for the year of £15,269. A dividend on the (Inferred capital at the rate of 5 per cent, for the half-year ended June 13. which will henceforth be the end of the financial year, has been declared. LONDON WOOL SALES. By Telegraph.—Press Association.—Copyright. LiOirDOlT, November 30. At. to-day's wool sales good crnssbreds and merinos were keenly competed for, but common sorts were irregular.