AUCKLAND STOCK EXCHANGE.

New Zealand Herald, Volume XLVII, Issue 14304, 25 February 1910, Page 3

AUCKLAND STOCK EXCHANGE.

BUSINESS DONE YESTERDAY! " ' Previous day's ~',''.- closing sales. :'"'V ' .' ■ ■ - '.' £ s. d. Hikurangi Coal—2nd call, 22a 6d ~..'" — Kauri Timber (con.>—2nd call, 15s 9d 015 10 Auckland Gas (old)— cull, £15 15s 15 10 0 New Zealand Paper Mills—3rd call, '21s 6d ■ : ..:' ... ... -. Kuramii-Calcdonian—lst call. In 6d - ... ■ 0 16 May tjueen—2nd call, 4s 4d, 4s 5d -■•''.....,_' .—" New Sylvia—lst call, 4s; 2nd call, 4s Id ; 3rd cull, 4* Id, 4» 2d.,':'. ....-, ... 0 310 Old -Albumin (paid up)— call, Is 6d — Victoria—3rd cull. Is 7d •/ ....... — Mount Zeehan (paid up)—2nd call,-'s(l, , -'"> 6Jd ... " ... ... ... ~..'... — . Consolidated Goldnelda— call, 22s 3d ; • ,2nd and 3rd culls, 22s • ....... 12 3 Hauraki Freehold—lst and 2nd calls, 7d , — ."'■ Oldllaurakt Gold Mines—lst call, 4« 6d; -'.-.-'• 2nd'call, 4s 6d, 4s sd, 4s 6d ; -3rd call, 4s 6d to 4s 3d, 4s 9d, 4s 3d, 4s Yd 0 4 8 Union Haurakl—lst call, 4d ... — Crown—2nd cull, 4s lid, ss; 3rd call, 5b — Maoriland— call, 6d ... ... ... — ! Tairua Broken Hills—2nd call, Is ... 0 10 Talisman : Consolidated—2nd call, 525, 52s 3d ... ... ... 2 11 6 \Vaihi-2ud call, £10 Is; 3rd call, £10 Is 6d, £10 Is ;; ;".'. ..'... 10 1,0 Waibi Grand Junction—2nd call, 335, 32s 9d; 3rd call, 32s '3d ... • ... 1 12 9 CLOSING QUOTATIONS.

V CALL AND DIVIDEND LIST. ; >"': Dividends. .'"■ "■ V < Talisman Consolidated .... ... 0 16 Now '." Waihi — — — — 0 4 0 Mar. * Milne and Choyce ~. ... 8 p.c. Mar. 20 Calls. ! , ■ *.._" ■;'; .;■■' .; Victoria, February 22 ... 0 0 2' Mar. 2 Golden Belt, February 15 .001 Mar. ,3 Moewai, February 23 ...... 0 0' 1 Mar. 4 New Moncwai, February 22 ... 0 0 1 Mar. 30 ■'..'; '-'■ . - : '' '.■ . . ~ •. . •..■.-■;•:....' ■ \ •;:■. ■-' THE BUTTER MARKET. PRODUCE COMMISSIONER'S REPORT. [BY'."'-. TELEGRAPH. —PRESS ? ASSOCIATION.] ' ' Wellington, Thursday. , Tho following:report, dated December 24, 1909, supplied by the Produce Commissioner, London, has been received from the High Commissioner: —As -indicated in the report which I; made to you arid by cable despatched to Wellington last week, the market for Now Zealand ■ butter has been in an unsatisfactory condition, and although it might ha vo" boon expected, owing to the considershrinkage in the supply of Danish; butter and tho increased demand by retailers for their. requirements for the Christmas trade, that prices for New.; Zealand parcels ex Tainui would have been firmly maintained, this was riot done; Agents handling Danish butter advanced; prices :..to : ; their clients. Prices obtained wore 127s to 128s, and in some instances as high as 130s. On the other hand, unfortunately, several agents handling New Zealand butter, instead of holding firmly, appeared to bo nervous, and offered the parcels they, were handling at reduced,'prices.v. Naturally, buyers seeing this .hung back ; and reduced their offers. Several weak holders sold Now Zealand butter, at 108s; to 109s per cwt. In my opinion the price realised for butter on spot the week previous to the Tainui's arrival (112s) should have been . maintained. There was no valid reason for the low prices mentioned being accepted, but naturally when this' was dono stronger holders had , to follow the ''market''and; reduce their, prices accordingly. In- this manner the average quotation.could not be made higher than 110s for New Zealand butter last week. This week, however, owing to.the bulk of the Tairiui's- shipment having .passed into second hands, the mar; . ket has again been firmed up, and 112.- has been ■■ realised. • Now that . tho Christmas trade has been fully satisfied, with»the expectation of a lull in business next week, and at the same time of largo Australian arrivals,' there is a tendency towards lower prices again. Tho Danish quotation is this week being reduced, so.I do not.anticipate that : the New Zealand : quotation ; can be given higher than Ills. -Now Zealand butter : this season; would appear to bo ' moro widely distributed than usual in the hands of selling agents,. among whom there .is• no concentration, as in the Danish trade, for the maintenance of values. ;'■•■ Everywhere satisfaction is expressed with the quality of the butter arriving from the Dominion this season, and although 1 have made numerous inquiries no complaint of fishiness or other faults has been.reported. .Tho cheese market is' very quiet at present, and the outlook is not promising for any advance in price. It is pleasant to have to record the fact that buyers express satisfaction with tho quality of New Zealand cheese, this season. Trade this week has not been at all brisk, 54s per cwt for coloured and 55s for white being now. tho general quotation. •

v LONDON ;TALLOW MARKET.: ■ By Telegraph. Association.—Copyright. ./' ".- London,' February 23. .; At the tallow sales 650 casks were offered and 483 sold.. Mutton : Fine, , 375; medium, 33s fid. Beef: Fine, 36s 6d; medium, 33s 60. ;

MESSRS. ALFRED BUOKXAND ; AND SONS* REPORT. --. : , At the Haymarket, on Friday, {lie usual number of entries were received, and an average amount of business done ','. aged draughts sold from £20 to £31; spring cart and waggon horses, £22 to £29; medium and'active horses, £14 to £20; tin. broken animals of good quality up to 30cwt, £23 56 to £27 10s; ordinary gig class, £5 to £10 10a; ponies, '£3 to £8; pony, gig, and harness, £24; (lie thoroughbred, First Ciun,. 58gs. Sulkies, £9 103 and £11.

At our.Weetflelri fat stock sale, on Wednesday, a lull yarding of beef met with a firm sale, at improved prices; ox beef, 19a 6d to £1 Is; cow and heifer, 153 to IBs ;. steers ranged in price from £5 12s 6d to £10; cows, £4 to £8 7« 6d (320 penned). Veal/short of requirement*, sold well at from 3s to £2; no heavy offered. The sheep pens were moderately filled with a good class: of mutton, and, competition was steady throughout; best wethers brought from 16s to Ids; others, 12s 9d to 15s 6d ; heavy ewes, to 14s 3d; lighter weights, 8s to 12s (1599 sold). The advertised store, ewes, 8i to 9s 3d. Lambs plentiful. There was little or no change in values; well failed, woolly, 12s to 13s 3d; prime shorn, lis to 12s 3d; others, 9s to lis; forward sorts, 7s 6d to 8s 6d (1138 sold). Pigs, in full supply, were dull of sale ; small Inn-oners, £1 9s 6d.to £1 13s 6d; porkers, 18s to £1 ss; Blips, 10s to 13s; weanera, 33 6d to 8s (104 sold). ; On Thursday, at Westfleld, dairy cows brought from! £4 to £3, according to age and quality; empty cows, £2 5s to £2 17s

Hides, Skins, etc. : Ox hides, 6?d to 8)d : naggy and inferior, 4Jd to 6id ; cows, 6Jd to6Jd; calf, 7Jd to BJd: . horse, 8s to 10s 9d; damaged hides, at usual rates: tallow, 263; bones. £4 15s. Skins: Butchers' pelts, 2s 4d to 3s 2d; full woolled country skins, 4s 8d to 6s 7d ; damaged, to 3s Id; lambs', 2s 9d to 3s.

Wool: Fine crossbred, 82d to 9Jd: coarse and clotted. 7d to 7^d; lambs', 6Jd to 91 d; bellies and pieces, 4Jd to sid,

N.Z. LOAN AND MERCANTILE CO.'S REPORT. .

Horses were yarded in full numbers at the Durham Yards on Friday, and sold at late rates. Heavy draughts sold at from £24 to £33; medium, at £17 to- £25; light harness horses and hacks, £8 to £15; spring cart, £8 10s; gig, £12. At. Waiuku, on Saturday, we had a moderate yarding of slock, which' sold at' late values. Dairy cows and heifers sold at from £4 las to £6 10s; backward ditto, £3 to £4; empty cows and heifers, £2 5s to £3 lis; yearlings, £2 7s; calves, £1 Is to £1 10s. Pigs, weaners, Vs 6d to 10s. •'-•■.-

At Manurewa.on Monday, we held a clearing sale of Mr. J. Berkley's live and dead slock. There was a large attendance, and satisfactory prices were realised. Dairy cows sold at from £3 15s to £7 10s; steers, £4 10s; 18-months to two-year-old heifers, £3 lis to • £4; calves, lis; draught horses £19 to £28; light horses, £5 5s to £13 10s; foals. £3 15<t to £9; fowls, la 4d to 3s; ducks, Is 6d to Ss; ; Cambrfdge "roller, £14 ss; spring cart, £12 10s; gig. £10; drill, £13; disc, £8; mower, £8 10s; furniture brought satisfactory prices. At Tuakau,Yards, ;on Tuesday, we held our monthly sale. ; There was a small yarding of cattle, which sold at late rates/One hundred and forty sheep were yarded, which all changed hands at late values. '. ■;- At Weslfieid Yards, on Wednesday, we had an average yarding, of fat stock. The beef pens were filled with cattle of nice quality, and prices advanced on last'week's quotations, ox beef selling to 21s, cow 17s to 18s per 10011). Steers sold at from £5 to £10; cows, £3 10s to £6 ss; calves were yarded in good numbers, and sold at from 5s to £2 ss. -Sheep were yarded In usual numbers. Wethers sold to 17s 6d ; heavy ewes, 12s to 15s ;■ others, 9s 9d to 12s. Lambs were penned in average numbers, and sold at late rates. Lambs, well fatted, sold at from 12s to 13s others. 7s to 93..

'.■At Went Held on Thursday, there .was a very small yarding,' mid no 'doubt owing to the wet weather a very dull sale.' • ■-.- •::• We submitted large catalogues of hides, skins, mid tallow on Tuesday, all lines selling under, brisk competition at late rates. Hides: Market firm. We quote—Extra stout ox, 3d to BJd; sTbut do., 7£d to 7Jd; medium do., 6|d to 7id; ■ light do., 6gd to 7d; cows', best lines 6j{d to 7d, good 6id to 6Jd, scored 6d to 6id; .stags', 4d to 4Jd ; kips, 6d to 6£d; calfskins, host to BJd, good 7d to 7id, cut and damaged 2id to sid.. • •■' ' . • I Sheepskins : Market brisk. ; Best butchers skins, large to Bs, good lines 6s to 6s 6d, medium 4s to 4s 9d, small 2s to 2s 9d; country dry skins, large to 5s 9d, medium 35,9 d to 4s 3d, small Is 9d to 28 6d; lambs' and pelts, best to 3s 6d, good 25.3d to 2s 9d, small Is 3d to Is Bd. ' : Tallow: Market firm. Best mixed, to 26s 6d ; good, 24s 6d to 25s 3d; inferior, 18s to 225. 6d; rough fat, ljjd to ljd per lb.. \ Bones, £4 17s 6d. - ' , Cowtails,'ls 8d per dozen. Horsehair, Is to Is sd. Wheat: In good demand at 4s 5d ex store. Oats :j Stocks are almost depleted and market firm nt 2s 5d ex store. ■' OliafT: . Southern ■is selling freely .at £4 15s ex -tore.'- • -.•••■.

Maize: In good : demand at-3s 3d ex store. Barlev: Selling freely .rat 2s 8d ex, store. . Bran 'nnd pollard : In good demand at £4 and £5 ex store. -...-' -■ .- '.Potatoes: Slow, of pale at £6 to -£6 10s ex store. :': -■ ' . ■.- -' '•'■■■ - • • 'Butter:. First grade registered, 9Jd: second grade, 9id. First grade milling, Bid ; second grade, 7Jd to Bd. • ■-::■■■ -- Cheese: Factory, 5d lb; farmers', slow of sale at 4d,to sd. , ,-Eggs :, Find ■■ ready sale at Is 3d per: dozen. i: Fungus: . Selling , freely! at 5d .per lb.'.,- - - • v.*

MESSRS. G. W. BINNEY AND SONS' . REPORT.•.",'.-;

We. again submitted ; our usual -extra,' largecatalogue of ..hides, skins, tallow, etc., on. Tuesday. ...,».' •. Hides : Market continues tctv firm. Ox, stout 7gd to Bd, medium 7d to 7Jd,° light 6id to 6Jd;' cows',' best lines to 6Jd, good 6id to [6JIJ, seconds sid to 6d; stags', 3Jd to' 4£d; kips, 5Jd to 6d ; calfskins, best §id to good 6d to 7(1, seconds 5d to '. sid; cut and damaged hides, 3d, to 3id' par.lb. 1 :■■' . ~ ■■ , :',;;■■ ■: ■■ ; .V" Sheepskins-: Butchers', extra large to .9s, largo; 6s to 73 6d, medium 5s to 5s 9d, small 3s to 4s 6d; dry skins, large to ss, medium 3s to 4s 3d,, small 2s to2s 9d, damaged- 6d to Is; lambskins, best to 3s. 6d, good Is 9d to'2s; 9d; ; pelts, best 3s, , good Is to 2s 3d, damaged 6d to Is 3d each.

Tallow: Market firm. .Best. mixed, to 26s 6d; good, 22s'6d to 24s 6d;. medium, 20s to 225; inferior, 15s to 18s per cwt. ; ' "..' ■.■:.:■.. Hough (at, lid to ljjd per lb. - Cowiails. Is 8d per; dozen. , Bones," £4 17k 6d per ton.

WELLINGTON.; STOCK, EXCHANGE. [BY TELEGRAPH.—OWN CORRESPONDENT.]

* ■ Wellington, ' Thursday. Sales on the Stock Exchange to-day were as follow:—At 10 a.m. call: Old Hauraki Gold Mines, 4s 7jd; Waihi. £9 lEs 6d; Ross Goldflelds (paid), 8s fid. At noon call: Talisman': Consolidated, £2 lis; Waihi, £9 '18s 6d. : At 3.15 p.m. oall: New Zealand Crown, ss; Old-Hauraki Gold Mines, 4s'sid, 4s 5d ;,Waihi' Grand Junction, £1 12s 6d.

DUNEDIN STOCK EXCHANGE. [by TELEGRAPH.—PRESS ASSOCIATION.] '

DTJJrBDis; Thursday.

■- Tho following* sales transpired on the Dunedin Stock Exchange to-day :—Mystery Flat. £1; Kura-nui-Caledonian, Is 5d : Old Hauraki Gold Mines, As 6d. Sides reported:-Consolidated- Goldllelds, 21s 3d; Old Gold Mines, 4s 9id.

AUSTRALIAN PRODUCE MARKETS. By Telegraph.—Press Association.—

(Received February 24, 11.30 p.m.)

Sydney. S February 24,

Wheat. 4s Old; flour. £10 10s; oats. Algerian feeding'2s Id to 2s 2d, seeding 2s 3d to 2a 4d, Tartarian 2s lid; barley, \3s to 3s 3d; maize, new 3s to 3s 3d, South African 33 3d to 3s 4d; bran,' £4 ss; pollard. £4 10s; potatoes, Tasmanian, £5 to £6; onions, £3 to £5; butter, £4 16s; cheese, 5d to sid; bacon, 83d.

MEIiBOTJBNE. February 24. Wheat, 4s lid; flour, £10; oats, prime milling 23 Bd, feeding 2s'ld; barley, good English - malting !4s 4d. Cape malting to 2s 1 9d, feeding • 2s; maize,; 3a 2d; bran, £4 15s; pollard. £5; potatoes, £3 10s to £4 ss; onions, £3 to" £3 15s. '■' '■- - - ■■ -; nA ADELAIDE, February 24. , "Wheat, 4s OJd; flour, £9 ss; bran, 12* d; pollard, 15jd. v

• MELBOURNE HIDE SALES. ■.', By Telegraph.— • Association.— (Received February 24. 11.30 p.m.)... .'" MELBOURNE. February 24. At the hide sales to-day, supplies were moderate and competition .active. Prices favoured sellers.

Sellers. Buyers. £ 8. d. £ 8. d. BANKS— : , . . New Zealand ... ... 10 0 0 9 16 0 National, ...;...'... 6 7. 0 ', \ — INSURANCE— . .' ■ ■ ' ■/ New Zealand ... ... 3 18 0 3 16 3 South British ... 2 18 0 2 16 6 COAL—..:.' * .-,'. ■'. Hikurangi .... ..." ... 15 0 116 Nort. Co., Ltd., lCs paid 0 13 6 0 12 9 Taupirl Mines, Ltd. ... 0 19 6 0 19 3 Westport ... .... ...6 3 0. , 6 10 Westport Stockton .... 08 0. .. 0 7 6 GAS— ' • ''■'•• - i- Auckland : , ...... :... — 15 15 0 ! Auckland, new issue ... ; ; — . 2 U 0 SHIPPING— ."'■" ;.%. - Union S.S. -, ........ ... — , "1 12 3-; r Northern, paid ■•■••.-'...' ... — ,013.0. .•'Northern; con.';';-:;. : ... 0 6 8 '06 4 Devonport Steam Ferry... 1 12 6 . 1 11 6 TIMBER— Kauri, paid up • ... ... 2 0 0 1 16 0Kauri, con. ,. ... ' ... 0 15 10 0 15 8 Leylnnd-O'Brien, Ltd. ... ''• — . ;, 13 0 Mountain Kimu ... ... — 13 0 MISCELLANEOUS— . ' Auckland Tramways, pref. ' — 12 9 Auckland Tramways,' ord. 13 0 1 Z 6 1 D.S.C., Limited" ... ... 03 1 0 2 9 Hill and Plummet-, Ltd... 110 — '" 11.M. Arcade Theatre Co., i - -' : — ■■■,-■. pref.-;.: , ... ... : ... 0 19 0 ,0 175 / Milne and Choyce, B ... — , 1 0 9 Milne and Clioyce, ord. —. -, 10-0 N.Z. PortUad Cement Co.- 2 10 2 0 0. Northern Boot, :.....'' ■,:. — 0 13 0 New Zealand Paper Mills 1 2.0 116 Tonson Garlick Co., Ltd. 0 18 0 X - ''•'—•' Wilson; Portland Cement ■ ' • Oil, ord .... ... ... 2 7 0 , • 2 5 0; ..Tarana'xi Petroleum, paid 0.9 0 -0 a.6 MINING— '■' Bonanza."• . ... > ... ... 0 0 6 : ' — Dixon's Consolidated, con. 0 0 5 0 0 3 /Halcyon, .... . : ........0 0 4" '.. — > Imperial ... .1. ... . ... 0 .' 0 * — u- • Kuranui . ,' ... 00;7 0 v 0 5 Kuraiud-Caledonian ... 0 17 0*1 ' Magnet ; ..." ... .... 0 0 3 0 0 2 . May Queen . ... ... 0 4 5 :■■■ 0 4-4 May Queen Extended ... 0 0 3 — New Monowul ... ... 0,2 0 0 1 10 New Sylvia ■ ■-■ ..: '.'/.' 0 4 3*042 Occidental Consolidated ... 0 0-3 0 0 1J Old .-Albumin, paid up ... 0 1 9 " . 0 15 Old Albumin, con. ... 0 1 5 .01 2 . Point. Russell... ... . ... 0 '0'5i 0 0 • 34 Saxon* ' ..... ... \.. 0 19 • <U.1\7.< Scandinavian ;'...■ -; ... 0 0' 2£ •,"'''- — '";' Southern Queen .... ' ... 0 0 3 - — " Tararu Mines ••'< ... ... 0,03. -,--. — :. Thames ; -'v ... ... ;.. 0 0 . 4}. \0'0 3^ Victoria " '...' ... ... 0 18 0 15 Waiotahi .... ... 0-47. 0,4 4" Waitangl Consolidated ... 0 2 1 0 1 11 ?-i Watchman. ... ... ... 0 18 0 1 V6 - ..Mount Zeehan, paid up..'. . — : 0" 0 5 ', Mount Zeehan, con. ... 0 0 5 — Blackwater ... ' ... ... 1 9 9 ' 19 3 Consolidated Coldflelds ... 1 2 3 ■".-■■ 12' 0 : . Boss Goldiields ;..... 0 9 0 0 8 0 ■ Progress Mines 1 .... .".. 0 16 3 — :'. Golden Pah ... .... 0 0. 4 - — " v ;Hauraki Freehold ... '... 0 0 74 • 0 0 6} Kapowai,. eon. ... ■?..'. 0 0 2 .'".•■"■'*-t''>.\ .Monte Christo ...'... 0 05, 002 Welcome, con. ... 0 . 0 ■ 5 •" 0 0 2 Old Hauraki Cold Mines 0 4 8 0 4 7 . Kapanga, con.," ... ... 0 0 11 - 0 0/9 ■; . Pride of Tokatea ... - ... 0 0 5 ' /•:"■-■ — : "' Royal Oak, paid up ... — 11 Royal Oak, con. ...... 0 1,3 '.0 10 ' Tokatea ... ...'... 0 0 2 .—'. '. Ngatiawa Consolidated ... 0 0 2$ 0 0. 1 Bendigo .... .„.'.. .... -0- 0 5 "0-0 '44 Lanigan's'Antimony. Mine'0.0 4 : .'.0 0 ?l-,i f Mocwai w.. ... '-.-' ...... 0 0 2 ■■•-■ •-■• •— '-.'.'. > Seddon » . . '■ ... • ... 0 .0.2. '■' — ' Union Hauraki '........' 0 0 4a ' '—.'■- Comstock, con. :• ...... 0 0 7" 0 0*.4- ; Crown .'•;..; ... ... 050 . 0 4 11 ..v Crown , Royal . '... , ... 0.04 - 0 . 0 . ! 3 ' Dominion, con., ... ... 0 0 2 . — ' Glamorgan,; 6d. paid ... ■ — - - 0 0 4-. •■• Olamorgon, con.... ....'0-0 5' r ■'- - — ■'• '■'• Golden . Belt, paid up ... ,0 0 10 " 0 0 74; ; Golden Belt; con ... ... - 0 - 0 44 ■ 0 : 0 l : 2 ' Karangahake ... ... 0 0 2 0 0"T Komata Beefs ...,' ... 0 07 0 .0 5; Maoriland ... ... ..." 0 0 8 . 0 0; 5 : New Waitekauri ..." ... 0 0 24 — s Phoenix ..;...-.V. 0 0 "4| 0 0 4 ! .; Rising Sun , •'- •»' 0 0 7 0 0-4 Tairua Broken Hills ... 0 1 >l ' 0 10 . Talma Golden Hills. ... 0 4 - 3 .... . 0.3 9 . Tatrua Monarch., Con.H.V 0 0 2 :,-.'■' 0 0 1} Talisman Consolidated ... 2 12 6 .2 12-0;. ; Waihi ... ... ... ...102 0- 10 0 6' Waihi Bench .... ... 0. 0 4 — ' 'Waihi Reefs Consolidated 0 9,0 0 8 3 '' . Waihi Extended ... ... 0.3 6 -. 0 3 5 . Waihi Grand Junction ... 1 13 0 112 9 • , Woihi ,*, Grand Junction . ',. ■ " options .-.,,....... 0.5 0 ..-.,0 4 6. Handsworth ... ... ... 0 0 9 . . 0;0..7>;. : Mountain Kinff ... .... 0 0 9, , 0 0 7 ! : Mountain Queen, con. ... 0 0 7 — . - New Waitaia, con.. ... 0 0- 74 0.0 6} ).'..■■. ■■">.' "■■■'••■'■ ' '-'■ •■■■■■;