COMMERCIAL.

New Zealand Herald, Volume XLVI, Issue 14237, 7 December 1909, Page 3

COMMERCIAL.

AUCKLAND STOCK EXCHANGE.

Tire sharomarket was again quiet yesterday. In investment stocks only two sales wore recorded, viz., in Auckland Trams (ordinary) at 21s 3d, and Now Zealand Portland Cements at 38s. In mining lines Waihis sold at £9 19s, the market closing with buyers at £9 18s, sellers at £10. Waihi Extendeds realised 3s Bd. Grand Junctions were dealt in at from 36s 3d to 35s 6d, and moro were inquired for at tho latter figure, with sellers at 35s 9d. Talismans improved, selling at from 43s 6d to 44s 3d, as against 43s 3d, the last salo recorded on Saturday. Closing quotations were buyers 44s 3d, sellers 44s 6d. Other stocks commanded tho usual prices.

BUSINESS DONE YESTERDAY. Saturday's closing nates. £ 8. d. Auckland Tramways (ord.y—3rd call, 21s 3d ... — New Zealand Portland Cements-3rd call, 38k — Bonanza— cull, 4d • — May Queen (ex rights)— call, 3s ... 0 3 1 New- Jlonowai— call, Is 2d Oil Saxon— call, Is Id Oil Waiot-abi and 2nd calls, "4s lid; 3rd call, 5s 0 4 11 Consolidated Goldflclds—2nd call, 18s 4d — Old Hauraki Gold Mines—lst call, Is 6d } 2nd call, Is 9d, Is 8d ; 3rd call, Is 8d 0 1 6 Talisman Consolidated—3rd call, 43e 6d, 445, 44s 3d 2 3 3 Waihi— call, £3 19s — Waihl Extended—3rd call, 3a 8d ... 0 3 7 Waihi Grand Junction—2nd call, 36s 3d; 3rd call, 36s 3d, 365, 35s 3d, 35a 6d 1 15 6

CALL AND DIVIDEND LIST. Dividends. Bank of New Zealand ... — Now Mount Lvell Mining and Hallway Company 0 19 Deo. 15 Calls. Royal Oak (con.l, November 2?... 0 0 1 Deo. 7 Kapanga, November 29 ... 0 0 2 Dec. 14 Golden Pah, December 2 ... 0 0 1 Dec. 21 Old Hauraki, December 3 ... 0 0 1 Dec. 22

PROPERTY SALES. The Benfield Kstate, Mount Albert, comprising 16 sections and homestead, was offered for sale by auction by Messrs. Smith and Xlalcombe on the ground oil Saturday. There whs a good attendance and five sections found purchasers at prices ranging from 45k to 60s per foot. The remaining sections were passed in, the prices offered failing to reach the reserves. The homestead, comprising a residence of 12 rooms and 14 sections of land, was sold for £2150.

WELLINGTON STOCK EXCHANGE. [BY TELEGRAPH.— ASSOCIATION". ] Wellington, Monday. To-day's 'Wellington Stock Exchange mining transactions were—Auckland: Dominion (Karangnhake), sellers 2^(l ; Kuranui, sellers 7d; Kuranui-Caledonian, buyers Is, sellers Is 2d; May Queen, sellers 3s; Mountain King (paid), buyers Is, sellers Is 2d; Mountain King (con.), sellers Is; New Sylvia, buyers 4a 9d; Saxon, buyers Is, sellers Is 2d; Tainia Broken Hills, buyers Is Id, sellers Is 2d; Talisman Consolidated, buyers £2 3s 3d, sales £2 3s 3d (reported), £2 3s 6d (on 'Change); Tangiaro v buyers Id; Waihi, buyers £9 14s, sales £9 14s 6d (reported); Waihi Hcefs, sellers lis; Waihi Grand Junction, buyers £1 15s 6d, sellers £1 16s, sales £1 16s (reported), £1 15s 9d (on 'Change); Waiotahi, buyers 4s 9d, sellers ss; Waitangi Consolidated, buyers 2s sd, sellers 2s 6d, sales 2s 6d (on Change). West Coast: Consolidated (foldfields, vers IBs, sellers 18s 6d, sales 18s 3d (reported); Keep-it-Dark, buyers 17s 3d, sellers 18s; Progress Mines, buyers 12s, sellers 13s; Hosts Goldllelds (paid), buyers 8s 9d, sellers 9s 6d.

WELLINGTON FRUIT AND PRODUCE MARKET. [BY TELEGRAPH.OWN CORRESPONDENT.] Wellington, Monday, The continued hot weather is creating a heavy demand for all lines of fruit, which generally are in short supply. Strawberries have been arriving only moderately of late. The demand is strong for sound berries at from Is 3d to Is 6d per box and for prime at from Is to Is 2d. Cherries: Choice black dessert, 10s to 12s per half-ease; prime, 7s to 9s. Lemons arc scarce and are selling at from 6s to 8s per case, lied currants, Is. to 5s per half-case. Gooseberries, 2d per lb. Grapes, 2s to 2s 6d per lb. Arrivals of bananas are awaited, as the market is bare, and high rates are anticipated. Potatoes; Old are getting very scarce, but new have come forward in much heavier quantities. The market is consequently weaker at from 6s to 7s 6d per cwt. Onions are in short supply, selling at from 9s to 10s per cwt. Cauliflowers, 6s to 8s per sack; cabbages, 6s to 8s per sack. Tomatoes: Choice, 6d to 8d per lb. Cucumbers, 3s to 9s per dozen, according to size. French beans, 6d per lb. Asparagus, 6s to 9s per dozen bundles. Fresh eggs have hardened, being now done at from Is to Is Id per dozen.

DUNEDIN STOCK EXCHANGE. [BY TELEGRAPH.— ASSOCIATION.] f Dunhdin, Monday. The Dunedin Stock Exchange sales to-day wore : Muddy Terrace, 29s 6d, 29s 9d, and 30s; Rational Insurance, 27s 3d. The sales reported were :— Waihi Grand Junction, 365, 365, 36s 3d, and 35s 9d; Golden Bed, 16s; Waihi, £9 16s; Muddy Terrace, 29s 6d.

HIGH COMMISSIONER'S MARKET CABLEGRAM. [BY TELEGRAPH. ASSOCIATION. Wellington, Monday. The following is the High Commissioner's market cablegram, dated December 4: — Mutton: The market is very 1 dull. Average price: Canterbury, 3£d; North Island, 3jjd. Largo supplies of Dutch mutton arc coming forward, selling at, 4d to 44d. English ewes are being marketed. Lamb The market is weak. Canterbury averages 3i|d; other New Zealand brands, 3Jd. Reef: The market is weak, with no change in prices. New Zealand hindquarters, 3|d; forequarters, 3d. Butter: A good demand exists for butter at reduced prices, and buyers are holding back, expecting prices to go lower. Supplies are, increasing. The average price of choicest New Zealand is 115s; Australian, 112s; Danish, 124 a; and Siberian, 109s. Cheese: The market Is quiet and prices are slightly weaker. The average prica of finest New Zealand is 565. Hemp: The market is quiet, but firm. Good business has been done in New Zealand hemp. Last quotations: Good fair, on spot, £28 10s; fair, £27 10s; January-March shipments, £28 and £27. Manila hemp is weaker as the result of heavy arrivals. The week's .output from Manila was 28,000 bales. Wheat: A firm market exists, and supplies of New Zealand wheat are practically exhausted. New Zealand longberrled, on spot, ex granary, per 4961b, 39s 6d; shortberried, 395. Oats : The. market is slightly weaker, with less demand. New Zealand short oats, sparrowbills, 19s 9d ; Danish, 17s. Beans: The market remains firm. New Zealand, f.a.q., new crop, 40s per 5041b. Peas : The market is firm owing to reduced supplies. Spot demand is good and also to arrive. New Zealand partridge peas, 54s per 5041b. Arrivals of River Plate mutton and lamb carcases at, British ports during November were as follow: London : Mutton 45,563 carcases, lamb 6846 carcases; Liverpool, 85,801 and 11,990 Hull, 9268 and 2532; Southampton, 1128 and 50; Cardiff, 4739 and 87.

LONDON. By Telegraph.—rress Association. —Copyright. LONDON', December 5. FROZEN MEAT. Sheep: Canterbury, light 4d, medium 4d, heavy 3^rl; Southland, 3 13-16 d; North Island, 3Jd (best brands 3 13-16 d). Lambs: Canterbury, light 4d, medium 3gd: Southland, 3 11-16 d ; North Island, 3|d (selected 3 11-16 d). Reef: .Forequarters, 213-16 d; hindquarters, 3^(l. Australian: Sheep— 2|<l; light, 3d. Lambsßest brands, 3 15-16 d ; fair quality, 3Jd ; inferior quality, 2id. Forequarters, 2|d ; hindquarters. 3d. River l'late: Sheep— 3id. Beef—Forequarters, 2Jd ; hindquarters, 3Ad. Lambs, 3 15-16 d. Rabbits: Quiet. Large Sydneys, ex store, 16s", English, cheap, plentiful; little doing. Hares : Sydney, nominally 2s lOd to 3s. Holders are firm in view of a probable shortage of English at Christmas. HIDES. Hides arc neglected at nominal prices. Queensland : Heavy ox, 7Jd; light ox, 7£d; " cow, 6Jd. Little business. Leither: First Wellington, 17s. Basils have deolined a halfpenny. COPPER. The fluctuations in the prices of copper are due to varying reports respecting amalgamation before now stated. The promoters have approached the Washington authorities with a view to getting the highest sanction for the scheme. SHARES. Waihi Grand Junction : Buyers, 33s 9d; sellers, 3fis 3d. Messrs. D&lgety and Co., Limited, Auckland, have received the following cablegram from their London otllcc under date the 3rd inst.: —Basils : Since our hist wire prices are par to' id lower. Hides are one-eighth of a penny per 11) lower. leather is unchanged.

CLOSING QUOTATIONS. Sellers. Buyers. _ £■.(]£ s. d. BANKSNew Zealand, ex div. ... 9 13 0 — National ... 6 16 — CHANCE— New Zealand . 3 18 0 3 17 0 National 18 6 17 6 South British 2 14 6 — Standard ... — 13 0 FINANCIAL— New Zealand end River "ate 1 16 6 1 15 0 COAL— Iiikurangi 110 0 19 6 Nort. Co.. Ltd., 10s paid 0 12 0 0 11 9 faupiri Mines, Ltd. ... 0 19 0 0 18 9 Westport — 6 5 0 GAS— Auckland ... — 15 5 0 Auckland, new issue .... — 16 0 Gisbonie 2 11 0 — SMITING— Northern, paid up ... — 011 6 Devonport Steam Ferry... 1 12 6 1 11 6 TIMBER— Kauri, eon 0 16 0 —■ Mountain Riinu, Ltd. ... 1 3 0 — WOOLLEN— Wellington — 3 0 0 MISCELLANEOUS— Auckland Tramways, pref. — 12 0 Auckland Tramways, ord. 116 113 D.S.C., Limited 0 3 3 0 3 1 Hill and I'luinnier, Ltd. ... 1 0 6 — II. M. Arcade Theat, pret. 10 6 — Milne and C'hojTe, pref., B 1 1 0 — N.Z. Portland Cement Co. 1 19 0 1 17 6 Northern Boot 0 13 6 0 12 0 New Zealand Taper Mills — 119 Sharland and Co., pref. — 110 Ton son Garlick, Ltd. ... 0 18 6 — Wiseman and Sons, pref. 1 0 0 0 18 0 Wilsons Portland Cement Co,, pref. 2.2 6 2 1 6 Wilsons Portland Cement Co., ord — 2 16 Taranaki Petroleum, paid 0 11 0 — MINING— Bonanza 0 0 5, 0 0 4 Dixon's Consolidated, paid 0 0 10 4 0 0 74 Dixon's Consolidated, con. 0 0 6 0 0 44 Halcyon 0 0 3 0 0 l" Imperial '...0 0 5 — Kuranui 0 0 8 0 0 4 Kuranui-Caledonlan ... 0 1 2 0 11 Magnet 0 0 3 — May Queen, ex rights ... 0 3 0 0 2 11 May Queen right* ... 0 0 3 0 0 1£ New Monowai 0 13 0 12 New Sylvia"... 052 050 Occidental Consolidated ... 0 (I 1} 0 0 1 Old Alburnia. paid up ... 0 16 0 10 Saxon .'*..0 12 0 11 Scandinavian 0 0 3 0 0 14 Southern Queen 0 0 3 — Thames' ... ' .0 0 5 — Victoria ... 0 1 0 0 0. -9 Wftlotalii 6 5 0 0 4 11 Waitangi Consolidated ..0 2 9 0 2 3 Watchman 0 i 10 0 15 Blackwatcr 19 0 16 6 Consolidated Goldflelds ... " 0 18 6 0 18 4 Ross Goldflelds 0 10 0 — Progress Mines 0 13 0 0 12 6 Golden Pah 0 0 3 — Hauraki Freehold ... ... 0 0 5 '0 0 34 Kapowai, con 0 0 .5 — Monte Christo 0 0" 4 •— Mount. Welcome con. ... 0 0 4 — Old Hauraki Gold Mines 0 18 0 17 Kapanga 0 0 7 0 0 5 Pride of Tokatea 0 0 6 0 0 24 Royal Oak, paid up ... — 0 14 Royal Oak, con 0 1 0 0 0 11 Tokatea 0 0 2 — Ngatiawa Consolidated ... 0 0 3 — Bendigo 0 0 6 0 0 3 Lanigan's Antimony Mine 0 0 5 0 0 2 Seddon 0 0 3 — Champion 0 0 7 — Crown ... 0 4 11 0 4 3 Crown Royal 0 0 3 — Dominion, con . 0 0 4 0 0 2 Glamorgan 0 0 5 0 0 3 Golden Belt, paid up ... 0 0 114 0 0 10 Golden Belt, con 0 0 7 0 0 64 Golden Cross 0 0 2 — Karangahake ... ... 0 0 3 0 0 2 Komata Reefs ... ... 0 0 6 0 0 4£ Maori land 0 0 7 — New Waitekauri 00 34 0 0 1£ Phoenix 0 0 5 — Pride of Waihi ... ... 0 0 8 — Rising Sun 0 0 6 — Shotover. con 0 0 14 ooi Tairua Broken Hills ... 0 1 3 0 12 Tairua Golden Hills ... 0 5 0 0 4 7 Tairua Monarch Con. ... 0 0 2 — Tairua Reefs, 6d paid ... 0 0 3 0 0 1{ Talisman Consolidated ... 2 4 6 2 4 3 Waihi 10 0 0 9 18 6 Waihi Beach 0 0 6 0 0 3 Waihi Reefs Consolidated 0 10. 0 — Waihi Extended ... ... 0 3 8 0 3 6 Waihi Grand Junction ... 1 15 9 1 15 6 Waihi Grand Junction options ... — 0 8*6 Handsworth 0 0 10 0 0 74 Mountain King, Is paid ... 0 1 0 — Mountain Kin?, con. ... 0 0 11 — Mountain Queen, con. ... 0 0 6 — New Waitaia, Is paid .... — 0 0 84 New Waitaia, con. ... — 0 0 7