COMMERCIAL.

New Zealand Herald, Volume XLVII, Issue 14359, 2 May 1910, Page 3

COMMERCIAL.

The sharemarkefc was still weaker on Saturday. . In investment stocks a sale was made in New Zealand ; Insurances at 77s 6d, and there were further buyers at 775, with sellers at 78s. A parcel of Auckland Trams'(prof.) sold at 23s 6d. In mining lines Waihis. again fell, selling at from £8 63. to £8 3s to £8 4s 6d to £8 3s to £8 3s 6d; closing quotations were buyers £8 3s, sellers £8 4s 6d. Grand Junctions wore also weaker, changing hands at from 27s to 27s 3d to 27s to 27s 3d. Talismans; were done at 525, and more could have been, bought at the same price, but further buyers would not give more than 51s 6d. Old Haurakis improved,; selling from 4s Id up to 4*Bd. AUCKLAND STOCK EXCHANGE. ' - : BUSR<££f>7>ONE ON SATURDAY. Z~ ' ->'"""**- Previous day'« ; ' '"""""""Sifting sales.

! :■"•:;-:..,- '.f-f:' : ' • ;; ■>'■•:•■.. : . ';:■.-'■:■'■■• ■■;■'■'■■>..:■ ■.i'.v;*;'•::;:, ; "-:-i?::;:WJRW'0.u-;«r{S ! j.j, ; V PROPERTY SALES. Mr. J. Thornes's usual weekly sale of land and houses took place- on . Friday ~ last, i and % bidding was brisk. For the land in Manukau Koad, Par--nelt, having a frontage of 66ft by 99ft, with house of seven rooms, £600 wag offered, but declined. The residence in - Russell-street, ; with a : frontage of , 78ft c : 6in and a < depth ;. of 9Sf t, = with ; house of i eight i rooms ';, and y offices; .produced . good compe- , tition, . and was sold for £850. ,H The, property, in Albert-street, ion leasehold : ground, ■, elicited bids up :to ; £1900, at '.which price it was withdrawn. .; .To-day ; two, building allotments in r ? Wynynrdstreet, near the Choral flail, and 11 lots in Ayrstreet, Parnell, will be i offered for ; lease by \ auction by Messrs." Samuel Vaile, and Sons, on behalf' of the Auckland Grammar School Board. "All the leases re for a term of 21 years, '.rtth the right of renewal. WELLINGTON STOCK EXCHANGE, [BY TELEGRAPH.—PRESS ASSOCIATION] ' -:": ■ - " Wellington,: Sunday. '. The following sales took place -on the :;,Wei'-' lington Stock Exchange yesterday :—May * Queen, 4s 8d; Ross, 8s; Old Hauraki, 4s 6d; Saxon, Is lOd ; Grand Junction, £1 :6s 9d; Blackwater, \ £1 8s 9d. . The following sales were reported:— New Sylvia, 4s 3d; Saxon, Is 10Jd. SHORTAGE IN OATS. By Telegraph.— Association.— • Sydney, April 30. The.Sydney Morning ; Herald predicts a scarcity and high prices for , oats, as forthcoming supplies will :be restricted from every centre. 1 It states that New Zealand has a shortage of six - million bushels, and Victoria of ' three million bushels, while the whole of the Tasmanian stocks are already said to be held by the big grain merchants. ■■ :•: -,; ; ;: :.',,,. LONDON. * r. : By Telegraph.—Press Association.—Copyright. / London, April 29. BANK OF ENGLAND .RETURNS.' •• Following are the Bank of England returns . for the week Gold coin, £1,157,000; reserve, £26,355,000; proportion of reserve to liabilities, 50.70 per cent.; notes in circulation, £28,236,000; public deposits, £84,441,000; other deposits, £43,508,000 Government securities, £13,819,000; other; securities, £29,527,000. ; .: ~ MONEY MARKET. ■' Three months' bills, 3} per- cent. ,; Bank-rate, '4 per., cent.„ ~ - ;,, „ , CONSOLS AND COLONIAL STOCKS. '•' Consols, £81 2s 6d. New Zealand 3i per cents., .£97 10s. ' West Australian 34 per cents., £97 10s; 3 per cents., £87 10s; *■-,•.« - - The rest unchanged.' • ■.-'"■ " ' WHEAT, FLOUR, AND OATS. The wheat markets ■ are flat • and weak, owing to the absence of demand and the improved crop prospects in Europe and America. Buyers are only filling immediate requirements. Holders are asking: 37s 3d for cargoes by sailers, January-February-Ma vch,' also for steamer parcels afloat.- i The flour market is lifeless. Australian patents are vainly offered in Glasgow at 28s 9d and 295, on landed terms. •. .:" Oats are steady. :>. La Plato May-June, 13s lOJjd. BUTTER AND .CHEESE. Butter is steadily declining; Danish, 115s ". to 117s; Australian choicest 106s to 108s, secondaries 102s to 104s; '. New - Zealand choicest 108s to 112s, secondaries 104s to 106s. :■'"• "-;"■: > ■- v •---.-. Cheese is' dull; New Zealand coloured 58s 6d to "595, white 59s 6d 'to'. 60s; Canadian, 62s to 655. ..■•;," , ■-:.■■ ■ • • ■ METALS. • ' Copper: On spot, £55 Is 3d; at three months, :.£s7*2s 6d. < Tin : Qn spot, £150; at three months, £151 2s 6d. :'> - : . ■ ~-,..,.. ■ Lead, £12 12s 6d. , , Iron, 50s 4d. SUGAR. German, 14s 4d; first , marks,: 16s 9d. „ WOOL. ! The Bradford wool market is of cheerful tone, , with « prices unchanged.;*- At'. the .London 7 ; sales the ■; highest price realised for . the Panlkan clip' • was 12d ■-. (average ■ 10Jd),: Marama Hid N (average lOgd), | Ruanui ; 12£ d ' (average llgd), Acland % 14d (average .ll}d)..:.Crossbreds, suitable for America, declined 5 per cent. ~ '. ;' (Received May 1, 5 p.m.) ■-■ ■• > .- London, April 30.". - HEMP. The hemp market is dull and unchanged. ' , "-" i 7',.,: •■ :• RABBITS; .;•:'"■'■'\', l'.V. The rabbit market is very dull. Many recent arrivals ;■ are in ■<> bad (•■ condition, '■ and ; many have ijjgrn, condemned, the' underwriters making -a, heavy*a&w#i£v A ,ew £°° d , Igts are selling at about. 14* Ih«W,' P th « re 13 »- ' ■ FROZEN ■ X MEAT - ' ' , - Sheep Canterbury,v -%h*rS&_ I ? ed1 *■ 3 J d i Southland, unquoted; North laftfoi 5 * d ' b °*' brands, 3i& > - " ! "* N*.,.., JJ -tamos:* Canterbury, light S 3-16 d; : SouWrraliP; sd; North Island, 4|<J; selected, Si, 'b Beef: For**, -SjSd; bind*)', 4Jd. • Australian sheey, heavy 3 7-16 d,, light 3fd; Lamb, unchanged. Beef :• Fores, ,3fd ; hinds, Aid: . ; River Plate sheep, he#vy Jight 3Jd. Beef: Fores, 3Jd; hinds, 4Jd. ■ Lambs, unchanged., • -.! /■■l Messrs.: Dalgety and Co., Limited, ■■<*■ received the following cablegram.? from ; their > s-'-otßve, under 5, date ;April, 29:—Frozen meat:: Quotations j for New •,■'Zetland i( prime ox ;beef-4Fbrequart«ri», < 3|d; ..hindquarters 4J4-. The demand { ° r New Zealand lamb is better. Quotations for New Zealand prime crossbred S Canterbury lamb—Heavy, 6|d; light, 5 8 d; North Island, heavy 4Jd, light' 4ld. ; The.demand for New Zealand mutton is limited.< Quotations for New: Zealand 'prime/crossbred ■■■ Can* terbury <. mutton, ; heavy • 3Jd, ; light: 4|d; North Is- ; land, heavy light 3Jd.iThe demand for New Zealand beef is active and; the market firmer. The market for. New Zealand lamb is : firm,* mutton being weak. The demand for Australian ; lamb jis fair. 1 . Quotations ; for Australian good average quality i crossbred ri lamb, i heavy * 4id, f/ light 4|d; "j; mutton, heavy 3±d, light 34d.',r; A fair business is;. doing. ,: Sales have taken i place for i May shipment of New Zealand prime crossbred Canterbury lamb at r 43d and Southland at 4£d ? and New Zealand i prime crossbred Canterbury mutton fti3ld. Mutton:? Since our last wire prices, for spot parcels, ex warehouse, are unchanged. m •

New Zealand Insurance—77» 6J ... ',...■— ■■»•• Auckland Tramways (pret.)— 6d ... - —; . Dixon's Consolidated (con.)— call, i — ■ May Queen—1st and 2nd calk, 4* lOd... ft 4? Occidental ; Consolidated (con.>»-2nd call, lid ... ... —, ;; Point Russell—1st call, 4d ..... ., — '■,'•■■ Saxon—1st > call, -Is" lid 7-; ." : ' ... *.'. ... ; 0 : 1 11 Waiotahi—2nd call, 4s*4d ...>..; 0 v,4? 4Golden rah—2nd call, 4d . ....... 0 0 3i Mount Welcome (con.) —2nd call, 6d 0.0 64 Old Hauraki ; Gold Mines—1st call, 4s "• V Id; 2nd call, 4s 2d, 4s 6d,4s 8d ... ,0 4 lTalisman Consolidated—1st call, 52s... 2 12 3 Waihi— call, £8 v 6s, £8 5s, £8 "■ 4s \ ...',: ' ! 6d,r£8 4s, £8 3s 6d, £8 3s, £8 3s . 6d, £8 2nd call, £8 4s, £8 - ' >': ! 3s, £8 3s 6d ... ... ... 8 8 6 Waihi Grand Junction—1st ©all, ! 27s, ■ 27» 3d; 2nd call, 27s 3d, 27s, 27s 3d 17 9 Handsworth—2nd call, 9id, lOd ... — Mountain King—1st call, lid. Is ..■;• — Taranaki Petroleum— call, 14s, 13s ■. ■•-• , 9d ; 2nd call, 13s Sd, 13s 6d ... 0 13 4 CLOSING. QUOTATIONS. :• j .> . ■ Sellers ' .'•'•. Buyers. '■.-, ■' '■■ £ s. d. £ 8. d. :, BANKS— :.. • ' - ';;•.. - - New Zealand ....... 10 3 6*! 10 0 0 National ... ... ... 6 2 6. — . INSURANCE— New Zealand ...... 318 0 3 17 1 0 '■•■ National ... — 19 3 ■South British ... ... 3' 2 0 3 13' COAL--Taupiri Mines, ex dfir. ... 1 0 0 ' 0 19 "0 .'; Westport ■'■ ■' ... ■.. ... . ... 6.12' 6 ''.' - '• •'."— ?■ GAS- ;. Auckland ... ... ... — '3 7 0 . Auckland, new issue ... — -.2 5 ; 6 Gisborne ...:.. r ... 2 12 0 "2 11 3 ;SHIPPING— >■ ... ;• - " ■; \ , , Union ... ; ... ... — . 113.0 Northern - ,, paid up 7 ... — 0,14 6 - Northern, , con. : ... ■ ... . '■'—'■ , " 0 - 6 fi 8 | r Devouport Steam Perry... • ,— ' 1 12 ; 0 ' TIMBER— Kauri, paid up ... ... 1 19 0 — Kauri, con. ... ... ... 0 16 9 016 2 • Leyland-O'Brien, Ltd ... — 1-3 6 , Parker-Lamb,/'Ltd. . ... 1"6' 0 14 6 MISCELLANEOUS— .. : Auckland Tramways, pref: — '. 13 6 i.", Auckland Tramways, ord. 13 0 12 91 : •■' D.S.C., ? Limited ... ,... ■:■■ ■. — ; ;■' - 0 16 -Hill and Plummer, Ltd ... T — ' 0 19 OV N.Zi. Portland Cement, Co. 2 '.' 5 0 \ 2 3"67 New Zealand Paper Mills . — '12:0 i Wilsons Portland' Cement V''? ! ''":: v ; Co., ord.' ■ :."....:v:-..:";..;—'. . ?.;■'<; 2 6.6V Taranaki Petroleum, paid 0 14.' 0 , -0 13 6 MINING— Bonanza ... ... ... 0 0 5 :." 0 0 2i Dixon's Consolidated,,paid ; ■'. — '■'-■'■ 0 0 54 ' Dixon's Consolidated, con. 0 ; 0 ,■ 6£ ,;-. 0... 0 ; 54 • ..•'.'. Halcyon ,....:... o;-> ... . 0 0 44 0 0 3 Kuranui ...... ... — .; 0 0 4. Kuranui-Caledonian ... 0 2:0,: 0 1 10:' May Queen ... ... 0 4 10 : ; 0 4 9 ■• May Queen Extended ...' 0 0 2 — .'. Monowai ... o ... ... 0 2 2 0 2 0 '' New. Sylvia :, ; ...... 0 4 . 4 ,7V ,0:4 2 Occidental Consolidated, >; con.- ... ...' ....—;. o.oi Old Alburnia ... ' ... — 0 0 7 Point Russell ...... 0 0 5 ' 0" 0 34 Saxon ......... 0 2 0 0 1 10 Scandinavian '•:.;..' ... 0 0-2,'~, *' —~, Tararu • Mines ' ... - ... 0 0 3 .00 1 .Thames , ... ... ... — „ i 0 0 1 ■'■'■'■• Victoria ... ■ ... ... 0 18 ; 017; Waiotahi ... ... — 0 4. 4 0 42 Waitangi Consolidated ... 0 .2. 6 ' 0 2 5 Watchman. .. ... ••• 0 2 0 . 0 10 ''< Mount Zcehan," paid ,;"../ 0 ." 0 54 , 0' 0*4. Mount Zeehnn, con.- ... — i, 0 0 34 Consolidated Goldflelds ... , 0 19 0 0 18. 6 ; Ross Goldfields 0 8 9 — ' Progress Mines ■-■■..., ... 0 14 c 9 — Four-in-Hand ... ... 0 0 11 . — ■ , •Golden Pali ... ... , ... 0 0 44 0 0 34 Hauraki Freehold ... Y ...r < : — 00 4 * Monte Ohristo. paid up... 0 0 5 0 0 ; ;2 Monte Christo, con. ... . — ' 0 0 14' Mount Welcome, con. ... 0 C 64 ;.: 0 0' 54 Old Hauraki Gold Mines 0 4 9 ;.;0 4 7 Kapanga, con. ...... 0 ft 9 7 •< 0 0 7i Pride of Tokatea ... ... 0 0 2 .; r.i — Royal Oak, paid up ... — • 0 13 Royal Oak, con. :„ ... 0 14. .0. .1 1 Union Hauraki ... ... 0 0 54- 0 0 3; Ngatiawa Consolidated ... 0 0 24 0 0 14 Bendigo ....... ... 0 8 6 - —,"• ! Lanigan's Antimony Mine , 0 0 4 . — Seddon .../;... -'..;• 0 : 0 2' 0 0 14 Comstock, con. ... ... 0 0 44 0 0 34 Champion ... ... ... 0 04. 002 Crown.: y- ... ....... 0 4 9. • 0 4 7 Crown Royal, 6d, paid...,; 0 0 44 ; t — Crown Royal, con. ,'.... 0 0 4 — ; Golden Belt, paid up .... 0 } 0 . 9 • 0 : 0 7 ' Golden Belt, con. ... ... 0 0 24 0 0 14 Golden Cross , ..." ... 0 0 '34 0, 0 2 Komata Beefs ......005 ■ 0 0 3 „Mnoriland ... ........ 0 0,64, Y 0 0. 5 New Waitekauri ... — 0,02 • —' Phornix ......... 0 0 3 0 0 1, ! Pride of Waihi ......0 0 44 — Rising Sun. ... ... — .0 0 6 , , — Scotia... ... ...... .0 0 'i „ — Tairua Broken Hills ... 0 1 4 .,-.•: 0.1 1 .' Tairua Golden Hills ... 0'3:4 0.3 0 ■ Tairua Monarch Con. ... 0 0 V 34 , . 0 0 24 Tairua Reefs. 6d • paid... 0 0 *' " — , Tairua Reefs, cm. ... 0 0. 3 — . Talisman Consolidated ... ■ 2 12 0 2 11 .6 . Waihi • ... 8 4 6 8 3 0 : Waihi Extended ... ... 0 2 4 0 2 0: Waihi Grand Junction ... 1 7 6 17 0 ; Handsworth ......... 0 0 11 0 0 10 .Missouri, 6d paid ... ..." 0 0 34 0 0 24 Missouri, con. . ,... ...0 0 2 . 0 0 14 , Mountain: King - ... \V.. 0.1 1 :•; 0 0 10 : Mountain Queen, con. '.- 0 0 7 : - — Mount ... , .- 1 17 6 —

CALL AND DIVIDEND LIST. Dividends. . \ '-'■. " Northern .. Coal, per annum ... 10 p.c. .< Now • Talisman Consolidated .... * ... = 0 16 May 25 Calls. *. Saxon, April 11 ' — y.-.0.0 1 , Now Luclc-at-Lust, April:; 11 ;, A 0 0 1 Now ; .. ;•/ Dixon's Consolidated, April 14..X 0 0 1 Now : ; Watchman; April M ... ... v0 0 1 May a Monowai,, March 1 ... ... Y) (1 1 May ! 9 Reliance, April 18 v ... V 0. 1 May 9 Moanataiari, April. 18 .... ... <\ 0 2 May .9 Golden Belt, April 25 (c. shares) tf 0 1 ; Mny ■: 12 Monowai, March 1 - Oft 0 1 /June o