COMMERCIAL.

New Zealand Herald, Volume XLVII, Issue 14491, 4 October 1910, Page 3

COMMERCIAL.

A still more healthy tone prevailed, on the Auckland Stock Exchange yesterday. Tho improvement which set in in Waihi shares 011 Saturday became even more pronounced, sales being made at. from £6 12s to £6 17s, as compared with £6 lis, tho last, sale made on Saturday. Tho closing quotations were buyers £6 16s 6d, sellers £6 17s. Grand Junctions, which closed with a sale at 37s on Saturday, were also better, l>eing sold at from 37s 9d to 38s to 57s 3d. Further buyers wore loft at, 37s 3d, sellers at 37s 6d. Talismans wero dealt in at 535, and more wero wanted at 52s 9d, with sellers at, 53s 3d. In investment stocks a sale was mado in Auckland Gas (old) at b6s, leaving further buyers at 655, sellers at 675. Taupiri Coals wero done at. 20s 3d.

AUCKLAND STOCK EXCHANGE

BUSINESS DONE YESTERDAY. Saturday'* closing sales. £ s. d. Taupiri Cotil Minos— cull. 20s 3d ... —• Auckland (Jas (old)—3rd call, 66s ... — May Queen Extended—2nd call, 4J.il ... — New Sylvia— call, 3s 8d — Point Russell—2nd and 3rd calls, lid ... — Saxon—3rd call, Is 6d — Waiotahi— call, 3a 9d — Watchman —2nd call. 2s lid 0 2 11 Old Hauraki Gold Mines lnt and 2nd calls, 4* 0 4 0 Union Hauraki—2nd call, 5d — Seddon—3rd call, lid — Pride of Waihi — call, 3d — Tnirua Monarch—3rd call, 2Ad ... • — Talisman Consolidated—2nd and 3rd calls, 53.f —■ Waihi— call, £6 12?, £6 12s 6d, £6 13s; 2nd call. £6 14s 6d, £6 15s; 3rd call, £6 15s 6d, £6 16s, £6 17s ... 6 11 0 lVaihi Grand Junction—lst call, 37a 9d, 38s; 3rd call, 37s 3d 1 17 0 Ilandsiworth—lst call, 7d —

WELLINGTON FRUIT AND PRODUCE MARKETS. [IJY TEI.EGRAPH.—OWN" COKUKSPOXDENT.] Wkt.i.ington", Monday. The demand for, all lines of fruit remains strong. The weekly arrival of apples from Tasmania has opened up in generally lair order only. Choice, dessert. 10s to 12s per case; prime, 7s 6(1 to 8s 6d; cookers, choice 8a to 3s, good 6s to 7s. Lemons, 4s 6d to 5s &d per case; jam oranges, 4s to 5s per case. Hothouse tomatoes: Choice, 1» to Is 3d per lb; prime, 7d to lOd. Practically 110 local old potatoes are available, and what few there. are about are selling here at 9s per cwl. Imported are showing Rood quality and are worth from &•; 6d to fis 9d per cwt. Onions are in good supply at from 8s to 8s 6rl per cwt. French beans, cauliflowers, parsnips, green peas, and asparagus are in strong demand, the supplies being scarce. Cauliflowers are worth fVom 6s to 8s per sack; cabbages, 4s to 6s per sack; French beans, 4>l to 5d per lb; asparagus, large bundles Is to Is 3d each, small 6d to 10d; parnnips, 6s 6d to 8s per sack; green peas, 2h 3d to 2s 9d per peek; pumpkins, 3s to 4>< per sack; marrows, 2s to 2s 6d per sack; cucumbers, 4s to 8s per dozen. Fresh eggs ure slightly firmer, and are selling at lid to Is per dozen.

WELLINGTON STOCK EXCHANGE. [BY TELEGRAPH. —HISSB ASSOCIATION'.] Wellington, Monday. The following business was transacted, on the Wellington Stock Exchange to-day:—At 10 a.m. call: Wailii. £6 10s 6(1 (reported); Wailii Grand .1 unction, £1 17s 3d (reported). At noon call: Old Hauraki Gold Mines, 3* lid (reported); Watchman. 2s lOd (on 'Change); Hoss Goldtields, 2s lid (on 'Change). At 3.15 p.m. call: Talisman Consolidated. £2 12s 6d (reported); Waihi, £6 13s (reported), £6 15* (two parcels, on 'Change); Waihi Grand Junction, £1 17s 6d (reported). DUNEDIN STOCK EXCHANGE. [BY TELEGRAPH. —PRESS ASSOCIATION.] Duxedik, Monday. The following sales took place on the Dunedin Stock Exchange to-day:—Wailii, £6 14s; Waihi Heefs, Is 3d; Wailii Grand Junction, £1 17s. Hales reported: Waihi. £6 10s, £6 13s: Wailii Grand, .Junction, £1 1"-; May Queen, 3s lid; liising Sun, £?. 2s. LEVER BROTHERS. By Telegraph.— Association.—Copyright. London, October 2. Lever Brothers' additional capital is intended to make the company independent of the ordinary market in raw material for soap-making. T. E. SHIEL AND CO.'S REPORT. T. K. Shiel and Co., Dunedin, report under date October 3: — We have to report that prices for all citrus fruits have been exceptionally good this last week. Apples have not been so high on account of large quantities coming from llohart, but supplies are easing .somewhat, and we are expecting belter values to rule from this out. Cucumbers: The first of the season arrived and sold at from 10s to 12s 6d per dozen. The quality was good, but slightly on the small side. Tomatoes: We are in receipt of advice of the first of these, which should realise from Is 6d to Is 8d per lb. * Auckland lemons are in poor demand, being worth 4s per case. Oranges: Dump cases, Sydney, 7s. Auckland sweet oranges, from 6s 6d to 7s 6d per case.

WAIKATO SALES. Messrs. Dalgety audi Co., Limited, Hamilton, report as under :— On Thursday, September 29, wo held a most successful sale in the local yards, when a very good yarding of both sheep and cattle came forward, most of which sold readily under tho hummer. Competition all through was good, with the exception of fat wethers, which did not meet with the demand we anticipated. The sheep were a very good quality, well woolled, with plenty of sides, hut 110 doubt owing to the dry ewes being picked out of breeding flocks the market will bo somewhat duller for a month or so. There was a good demand for all young cattle, which fold at satisfactory prises, especially empty dairy heifers. We quote as follows: —Fat wethers, £1 4s 6d to £1 7s 6d; fat ewes, £1 6s Id; wether hoggets, 13s 9d to Its: aged ewes and lambs, 18s 7d; fat bullocks, £8 to £9 2s 6d ; fat heifers, £5 6s to £5 lis; store bullocks, £6 7s 6d; empty heifers and cows, £3 lO.s to £3 15s; empty dairy heifers, £3 12s 6*l to £4; yearling steers, £2 13s 6d to £3; yearling heifers, £2; spring heifers, choice lots, £7 to £7 17s 61I; ordinary, £6 10s to £6 15s; weaner pigs, 10s 6il to 14s. On Saturday, October 1, we held our usual stock sale in the Tc Awamutu Yards, when a full yarding of sheep ami rattle came forward, most of which sold readily under the hammer with the exception of hoggets and ewes and lambs, for which apparently there was no demand. We quote as follows —Store wethers, 16s 6d to 18s sd; fat wethers, £1; fat ewes, 14< 6(1; weaner pigs, 8s to 10s 7d; store* bullocks, £5 16s to £6 19s; two-year-old steers, £3 14s to £4; yearling steers, £2 10s to £2 15s; fat cows, 5 guineas, to £5 17s; empty heifers, £3 17s; springing heifers, £2 10s to £2 19s; empty cows, £2 3s to £3 16s; springers, £6 to £6 7s 6d. NEW ZEALAND SHIPPING COMPANY. [BY TEI.EGRAPH.—PRESS ASSOCIATION'.] Whaling-ton, Monday. In regard to the cablegram from London yesterday regarding the profit- made by the New Zealand Shipping Company last year, the general manager states that tlie amount of £69,600 included a balance from the preceding year of £13,000.. The sum of £30,000 has been transferred to tho insurance fund and a further dividend declared of 5s per share for six months, making 10s per share for 12 months, and a bonus of 2s s<i per share. The sum of £15,548 lias been carried forward. HIGH COMMISSIONER'S MARKET CABLEGRAM. [BY TKLEGRArU. —riIESS ASSOCIATION'.] Wellington, Monday. , The High Commissioner's cabled market report, dated London, October 1, is as follows (quotations, unless otherwise specified, being average market prices 011 spot):— Mutton ; The market remains firm, and stocks are firmly held, in few hands. There is less demand and high prices are restricting business. The average price to-day for Canterbury mutton, is 4,1(1; North Island, 4(1. . Lamb: The market is firm, with small supply, but the demand is falling off, as the season is ending. The average price to-day for New Zealand lamb, Canterbury, is 53d; other than Canterbury, si<l. lleef: The market is quiet, but rather steadier, stocks being heavy. The average price to-day for New Zealand beef' is; Hindquarters, 3id; forequarters, 2Jd. Butter: The market is quiet, hut firm, for best quality. Buyers are cautious. New Zealand, 115s (nominal); Victorian, 115s; Danish, 116s; Siberian, 105s. Cheese: The market is firmer, but there is no demand. Canadian, 555. Ilemp: The market is quieter and business is dull, with no change in prices. New Zealand: (iood to fair, on spot, per ton, £24 10s; fair grade, £21 10s. Fair current Manila, on spot, per ton, £21. The .Manila output lust week was 34,000 ha'as. Kauri gum : The market is slightly weaker, with less demand. Ordinary to fair threequartersr raped, £8 10s; fair to half-scraped, £5 ss; brown, fair half to threequarter-scraped, 90s; brown, pickings, common to good. 455; bush, fair to good pale amber scraped. £3 13s. Wool : The market is firm at the advance. LONDON. By Telegraph.— Association.—Copyright. London, October 2. FItOZKN MEAT. S'lieep: Canterbury, light 4jjil, medium 4]d, heavy 4d. Beef: Many New Zealand hindquarters are bonetainted. Australian beef: Hindquarters, 3ld. Babbits: The trade is slightly easier owing to English being plentiful. WOOL. At the sales good wools were exceedingly firm, but shabb'- faultier, especially scoureds, were, irregular. with considerable withdrawals. .The total catalogued was 43,890 bales. (Received October 3, 10.25 p.m.) London, October 3. WOOL SALES. The wool sales included: l'ura, top price lid, average 10id; Otaio, top 12id, average lid; Tecuina, top lid, average 10|d; Opoki, top 12d, average 19jJ<l ; Kaputone, top 23Jd, average 22^d. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London house under date September 28: —Wheat: No .sales reported. The market is weak, with lower tendency, owing to favourable crop reports from Argentina. The market is not likely to improve at present. Messrs. Dalgety and Co., Limited, have received the following cablegram from their London oltice under date the Ist inst. :— Wool : In reply to a cablegram asking for the present values of the following Bradford tops our London ollice cables as : —Thirty-sixes, Is 2d; forties. Is 3Jd ; lorty-fours. Is 4d: forty-sixes, Is sid; fifties Is B£d; fifty-eights, 2s; common sixties, 2s ljd (likely to rise id more); super sixties, 2s 2d; sixty-fours, 2.s 3d; seventies, 2s 4d. Eabbitskins: Wo expect very little demand for furriers'. Other descriptions': Expect, if any change takes place, it will ho in favour of buyers'. The probable quantity to be offered at the "next sale will lie about 3000 hales. One thousand to 2000 hales will not be offered.

CLOSING QUOTATIONS. Sellers. Buyers. £ 8. (1. £ 8. (1. BANKS— New Zealand 10 8 0 10 5 6 INSURANCE— Now Zealand 4 3 0 4 2 0 National — 1 11 3 South British 3 10 0 3 7 6 Standard 15 6 15 0 COALIlikurangi 0 19 6 0 17 0 Nort. Co.. Lid., 10s paid 0 10 3 0 10 0 Taupiri Mini's, Ltd. ... 1 0 3 10 0 West port 6 10 0 — West port. Stockton '...OHO 075 Unify, paid up 0 9 6 — Drury, con. ...• ... — 0 4 0 GAS—' Auckland 70 350 Auckland, new isMte ... 2 15 0 2 13 0 SHIPPING— Northern, paid up ... 0 15 9 0 15 6 Northern, con — 0 7 3 Devunport Steam Ferrv... 1 17 6 1 16 6 TIMBER Kauri, eon. 0 17 9 0 17 0 Mountain liimu, Ltd. ... — 16 0 Parker-Lamb, Ltd. ... 1 7 0 — Premier Joinery Co. ... — 14 0 Tariiijjamutu " ... ... — 1 lb 0 MISCELLANEOUS— Mark.s's Turbine, paid up 0 17 0 —- Auckland Tramway.-, pref. 153 143 Auckland Tramways, ord. 14 3 13 9 Avondale Brick and Pottery 0 6 0 —- D S C.. Limited — 0 0 5 Grey and Menzios, prof. — 0 9 0 II.M. Arcade Theatre Co.. prof 110 — Milno and Choyce, pref .. 15 0 13 9 Milne and Clioyce, B ... 1 5 0 13 9 .Milne and Choree, ord... — 12 9 New Zealand Drug, £2 ... 2 12 0 — Tonson Garliek Co., Ltd. 0 18 0 — Union Oil 17 0 15 0 Wilsons Portland Cement Co., ord 2 2 0 2 1 6 Tnranaki Petroleum, paid — 0 8 6 MINING— Alhurnia 0 0 8} 0 0 7 Bonanza 0 0 5 0 0 2 Dixon's Consolidated, paid 0 0 5 Dixon'? Consolidated, con. 0 0 2 — Halcyon 0 0 2 — Kuranui 0 0 7 0 0 5 Kuranui Caledonian ... 0 1 6 0 15 May Queen 0 4 2 0 4 0 May Queen Extended ... 0 C 51 0 0 5 Monowai 029 025 New Sylvia 0 3 10 0 3 9 Point Russell 0 0 1A 0 0 1 Saxon 0 17 0 15 Thames 0 0 3 — Victoria 0 1 3 0 0 11 Waiotahi 0 3 10 0 3 9 Wnitangi Consolidated ... 0 2 3 0 1 10 Watchman 0 2 11 0 2 9 Zc-ehan, con. 009 008 Consolidated Gold field a ...1 2 6 116 Ross Goldfields ... ... 0 3 1 0 2 9 Progress Mines 0 14 9 . — Four-in-Hand 0 10 — Hauraki Beefs, paid up... 0 14 — Hauraki Reefs, '.on. ... 0 0 6 0 0 4 Mount, Welcome, con. ... 0 0 3} 0 0 3 Old Hauraki Gold Mines 0 4 1 0 3 11 Kapangn. con. ... ... 0 0 6 0 0 4 Union Hauraki .0 0 5? 0 0 4J Seddon ... ' 0 0 2 0 0 1 liremner's Freehold ... 0 1 10 0 15 Omisioek, con. ... ... 0 0 5 0 0 3 Champion 0 0 5 0 0 3 Crown 0 4 7 0 4 6 Crown (options) ... ,... 0 2 3 0 2 0 Crown Royal, 6d paid ... 0 0 4 — Golden Belt, paid up ... 0 0 8 0 0 5] Golden Belt, con 0 0 6 0 0 4 Golden Cross 0 0 7 — Komata Beefs 0 0 ' 5,J 0 0 5 Maoriland 0 0 7! 0 0 6 Pride of Wailii ... ... 0 0 5 0 0 3 Rising Sun 0 0 5 0 0 4 Tainia Broken Mills ... 0 1 5 0 14 Tairua Golden Hills ... 0 2 3 — Tairua Monarch Con. ... 0 0 3 0 0 2J Talisman Consolidated ... 2 13 3 2 12 9 Talisman Consolidated, new - issue 1 15 0 1 14 9 Wailii 6 17 0 6 16 6 Waihi Beefs Consolidated 0 4 7 0 4 5 Wailii Kxtended ... ... 0 2 8 0 2 2 Waihi Grand Junction ... 1 17 6 1 17 3 To Puke Beefs — 0 0 5 JIandswortli 008 0 0 7A Mountain King: .... ... 0 0 10 0 0 8j New Wnitaia, con. ... 0 0 8 0 0 6" CALL AND DIVIDEND LIST. Dividends. Bank of Australasia 16 p.c. Oct. 7 Calls. Bonanza, September 14 ... 0 0 1 Oct. 5 Hauraki Reefs. September 14.. 0 0 1 Oct. 5 Waihi Extended, September 15 0 0 3 Oct. 6 Kuranui, September 26 ... 0 0 1 Oct. 19 UnioD Hauraki, September 16 ... 0 0 1 Oct. 20