COMMERCIAL.

New Zealand Herald, Volume XLVII, Issue 14302, 23 February 1910, Page 5

COMMERCIAL.

_ -» '- fopp prevailed upon tho Stock ExA W\ '°" rc L. 1" investment lines Now were done at 75s bd; P Zea CoaU i" 19s 3d; Auckland Gas at ■( T»uP 1 " U Kauri Timbers (contributing) at '•';; *« and Auckland Trams (ordinary) at "' ls in mining lines Talismans changed 23(1 , ? from 52s to 50s 3d to 51s 6d, with ; h,ndS » 51s 6d and buyers at 51s 3d. ,'* "%i ,re firm at. £10 0s 6d. sellers closW£ Tls M and buyers at £10. Wa.h, ; : * in *j Junctions changed hands at from 33s Gr? 1 0335; sellers closed at 33s 3d ! t0 urlrs at 335. 'Old Hauraki* sold at 81,(1 K4s lid to 5s 5d to 5s 4d. There '^.^■ : So sales other stocks. iLiness transacted during the past few ■■r45& well -up to tho average. Merchants '--' ' ?? T' that a' good inquiry exists for. most N 'ir- Forward buying is patchy, but a res'is .anticipated, early next month - ! Slhna9 have further advanced, and mil-. ?'" are for still higher prices. :;t "S Almonds: Market keeps firm with K'l.drruiK-. Stocks in first hands are -: Sir exhausted, and higher prices arc fiSffid for local stocks. ■ . miml Raisins: Market » decidedly iSSindhiiJter prices will rule in the j'-'.»« future. -■-..' Cream' of tartar.is firm at last rates A ■pid local inquiry " exists for higher >' SfflW Seed': The forward market has •priced fractionally.. To-day price is still ; Jlhin reasonable limits. ? = * Castor oil is selling freely at, ruling rates. The Calcutta market is firm. K ': Tinplates: Prices ; are .as last. Market . .'iceos firm;. '■■" ;■"■... c • '-'"'Hides- The market continues very firm, :W change taking place being in favour of tell" 9 - >■;''■'.:■•■■" . .... . • f ': :sheep'kins: Owing to competition from •5 : -'-; Southern J fellmongers. a sharp rise took '■■'- place for lambs and pelts. ..:'.?; Tallow: Market continues very firm. H : Potatoes: The Wimmera brought a ship- - ment of 673 : sacks from the South.' There ' u-notr'a» great, deal .of business doing, as < 'merchants are taking particular.care not to overload themselves. ; Local potatoes aro si ' still arriving very freely, and some of tho ?'■ narcels -show" signs of blight, Canterbury j ootatoes are also slightly touched with the M ■ Sims disease, but those from Oamaru so far ;,■: "appear ito bo' of very good quality.- 'lhe f present price is £7.' '■- ".'._ Onions: Local onions are still in plenti•:Jful supply- ; A "small demand for export has r ; set ' in, and this will help to keep the £ market fairly steady. The present price is £5 10s. : '••,,-'■ ' Oats: This -market is still lightly stocked 'and the'' demand is very good. A little r business has been done in the South for f'March, April, and May delivery, but mer-I-chants in Invcrcargill are not at all keen to make offers. Price .'locally is 2s sd. < > ChaffC There ;is very little alteration. The demand' continues good, but the supply ',":is ■ quito equal to requirements. Price .of prime local is £4. Southern cannot be sold under £5. ' \ •■-.-.-

'".'Fowl Wheat: As offerings are,coming in more freely, and : the Southern market is easier, "the price .has" declined, but it will i!|befa: ! 'week;or two ; before tho low., price fe wheat will :' be on the market. Present quotatkm ; is4s 6d. . .

-i' >,Maize: The ■ arrivals from the Coast oontf'wst of 406 sacks ex Paeroa, 21- sacks by the -;' Ngatiawa, and 416 sacks 'by the Tasrnan. ;. This i heavy, supply \, is altogether too much ii■ for the present . demand/; and • the \ rise anticipated last week; has : not: eventuated. .<.■ The r 'quotation ; remains ;at; 3s 3d . ex store , for ';■• good sample. ' ■' \ .■■• ■ ■/ Bran is .worth £4 10s, with , a good de'/.'■:mand. Stocks are; ample.

|/ -UPollard: ',There is sufficient supply to i» meet all. requirements. / Steady - business is .;.'•■ being done at : £5 55. . _. Flour: •; Quotations .remain at • £12 ' 10s -per; 1 ton • for '•■ Auckland roller flour in '. sacks, less. discount, • and £10 15s f.0.b., less 2£ per cent, for Southern! flour in sacks. / Fungus: All arrivals are meeting-with '' -ready despatch at 5d if in dry condition. ' Flax: The deliveries for 21 days of, I'eb'.".ruary were ] 2567;"ba1e5,,. which c is { about. : 500 - tons. The London' market still continues very f dull, and merchants are again ex- • periencing difficulty in getting'' replies to ■£''£their offerings. The nominal quotations re- ; main at £28 /or fine, if procurable,' £22 153 ;,; for {(.f.a-q., £21 15s for f.a.q. and £19 15s for common.'v-. ;• -h >. Tow:' ! The f deliveries for; 21 days are 1003 : :bales, equal :to about 100 tons. The average price fof ? this remains at £4- 10s " to £5 for I*", export ipurposes. ,•

■i 'k Indian "\ Tea: At the . Calcutta . tea:.sales --No. 30, the market was dearer for all classes of tea, a • strong general inquiry prevailing throughout the auctions. The total quantity listed amounting to some 18,000 chests, % ■ of which nearly ;' 4000 packages ; comprised :a dusts and second-hand teas. Bombay. buyers }ii are very busy, » and Pekoes . suitable for : this tj:demand advanced ;in > valuo la-quarter anna; v* common Pekoe Souchong moved up a : pie or, :',-;), two on last prices,. arid 'all other descriptions ,v* were more difficult to buy. All outside markets were good 'Operators. -There is an intVj crease of '20001 packages in the .quanitity ,of Indian tea listed for: tho next sales, totalling ; 4500 packages. The statistical ,:■ posi';;'tion continues , healthy, deliveries ,and ex!,ports both: being slightly ahead of last year.

'• y KAURI GUM. ; ;. •._.' W The arrivals' for 21 : days, of February are :. 540 'tons.' This shows an increaso 01 I** t tons over the supplies that came forward for j* the : same J time *in January, when ..' 398 • tons reached here. The market still continues in rather, a quiet state. There are a few. orders iH ; about, and '■ buyers . are restricting their purj chases to absolute requirements. S; Select: Very little 'offering. Demand alack. . . > :

-' '*Ordinary: Th'ore are buyers of well got .EjUp lines :of; rescraped, without any. material alteration in value. Inferior parcels 'of re-' :; i; shaped , are /.passed over. ;■ Sorted '. superior ~ : \'". '""Quarter-scraped?/ ordinary ;, is selling Hi? reductions have been made, although "J - My , lines ! that are reserved at old, rates cannot be placed. Unsorted superior ordinary V'.;^ meeting with a slight demand, but coni'idons in '■ price ' have :to be made to effect m . Jledillm ordinary is soiling, .. but de™tod is J not quite so brisk. / Good washed m ™si.are", also .■* hanging fire slightly. There ' ; „'«? r y,»?'o : inquiry for • coated nuts not •-^"f "ted.i,Chalk with heart in it is. still '•'•^S 8 ; ..d.'. there is a slightly better , de-;-:mand for poor white swamp. :^V^*J Coast':' A little business has been ':;^„V h ' 3 ;Wf ek iii this class, and stocks are K * not quite so.heavy. . »■ .. .;*•, lack: The demand is not quite so good 'V" cra Pfd. but bold lumps, sound and «C ?anct move off on arrival without any :; ,'^ration, in; price. Sorted threc-quarter-;^raped:steel i 8 -salable, but any advance W )le i?"m i :' demanded militates against busifc_ f. ere . : is not quite the same inquiry "",»«?:: black, but hard black nuts well •&S"?' i" good ' request. Poor black nuts :?Sk with swampy nuts are selling in small

.Bush: %«aped bush, if nalo, is salable, if 1 JT ,res to be free from- bled. There mftm^ uyers * clo,in bush > if bold "d of S3laMn^?, dark, sorts and pickings are llfeE'-p* l9!»iC'P r ?«>i There is still no • :; "Jew doing in bled bush. "'Sn'! n( ! Dust: Thc inquiry for bright •fa n-" St a , nd ood ordinary chips is <*r '.. BR *!f? binary chips, if of good ''Wi "e soiling at a moderate price, mMtfUK i yers of ordinary dust, if coarse matter B°.^.. colour "If free from earthy Wo,'. a - 'air. price « obtainable. Steady • «*d. 1..Y ° ing ,'i 1 black "Sellings, black :. 3 and COarse black dust, if if- dry con-

-•' PAPAROA SHEEP FAIR. . ™ MLWHAPH.-OWS COnnKSI-OSDKKT.] '"''Tbftf ■'•'' Papaboa, Tuesday. S"«n h ! T of t,,e Auckland Fanners' J"""*- A numl J 7- »hen "6CO sheep were r n '- There"""? 1 '" of 01 " s ide buyers were pre-:-;NoothsVolrt .♦• fr r en W'mpetltion for aethers. IW&, 5 « t0 13 M"»1 four-tooths at .mm ii ". J 'T ,fr ' ewes L C V°l2s; w *,T'', lls , '« 1! ": fresh tull-mouths, Hi to 8 800 l J '""'Hi-, 6- to 3s; shorn ditto

' STOCK EXCHANGE. '■• 'l»« mEt "tAPn._r nK 83 AS80) lATIOS>] - : Th? . ■ ■ UUNKDiy, Tuesday. a n?et.wi«v a transac 3 on the Stock ExKwJmi' Talisman Consolidated ttij. M, £2 lis. £2 0-. £2 8.- 3d, and £2

; : ;;SLLixCITON STOCK EXCHANGE. ■-;„.. TEu-onAra.-ow.; coiuiespondknt.] • T|, 0 (on , Wellington, Tuesday. S?P<W StMkK tr '"" a resulted on the WeilffipWSM*»Jf' *«■«>«>*:—At 10 a.m. rail: : 5 * ld - ss, 4s lid (re,l' .»««i « "■ '••V" ,' l " , "' ,i ' 1 "- £1 1J (reported): ¥r^/ Cl "»iiM ''T» ' rtuura,!i Hold.-. Mines. 4s .lid & t(f tt. £2 in i, ) an Consolidated. £2 lis (re- ' «»M»liportcdr '" a,lge,i - Waihi, £3 17s