FINANCE AND TRADE.

New Zealand Times, Volume LXXIV, Issue 4881, 5 February 1903, Page 6

FINANCE AND TRADE.

The Customs revenue received yesterday totalled £ll3B 5s sd. Dalgety and Co., Ltd., Christchurch, have received the following advice from London, dated 3rd inst.: —Tho utmost value of latest steamer arrivals of best brands of Victorian butter is 100 s to 102 s per cwt. We see no prospect of any improvement in tho near future. Laery and Co., Ltd., Jervois quay, report the following prices ruling on tho Wellington produce market:— Wheat, 4s 9d to 5s per bushel; horse beans, 4s 3d; oats, 2s, 9d to 3s; duns, 2s 9d; barley, 3s lOd; maize, 4s lOd; flour, £l3 per ton; Adelaide, £l3; Manitoban, £l2 los ; oatmeal, £ls; bran, £7 ss; pollard, £7 15s; onions, prime, £8 lOs; cheese, 6d per lb; bacon, 9d for sides, 9;d for rolls; bams, lOd; butter, 7d to 8d; fowls, 3s to 3s 6d per pair; ducks, 4s 6d per pair; turkeys, hens Bs. to 9s, gobblers, 13s to 15s; eggs, Is 4d to Is 5d per dozen; cabbages,,ls 6d to 2s per sack; cauliflowers, 2s 6d to 3s 6d; rhubarb, 2s to 2s 6d per dozen; new potatoes, £4 to £5: linseed cake, £9 10s; Stewart Island oysters, 17s per sack. The following cablegram was received yesterday by the Department of Industries and Commerce direct from the Agent-General, London: —“ Wool sales closed. During the last few days crossbred market has declined. Fine crossbreds, all grades, now at about par. Medium crossbreds, all grades, coarse crossbreds, all grades, Jcl dearer. Market closed strong. .Prices sustained at close. AH lambs, id advance.” WELLINGTON STOCK EXCHANGE. WEDNESDAY’S QUOTATIONS. Banks—National of Now Zealand, buyers £4 4s; New Zealand, buyers £3 10s. Financial—Equitable Building Company, ex., buyers £9 12s Gd; National Mortgage, buyers £2 4s, sales £2 4s; New Zealand and Iliver Plato Land (old issue), ex., buyers £1 4s 6d, sellers £1 ss; Wellington Trust Loan, ex., buyers £7 6s. Gas—Port Chalmers, buyers £1 8s; Wellington (£10), buyers £l7 15s; ditto (£5), buyers £8 17s 6d; Thames, buyers £1 10s 6d.

Insurance —National of New Zealand, buyers £1 Is, sellers £1 2s; New Zealand, buyers £4 Is Cd; Standard of New Zealand, sellers 19s 6d, sales 19s. Meat Preserving Ohristchurcch Meat Company, buyers £9 15s; Gear Meat Company (£4), buyers £6, sellers £6 3s; ditto (£1), buyers £1 10s; Wellington Meat Export (£5), sales £7 10s; ditto (£2 12s 6d), sales £3 12s 6d; New Zealand Refrigerating Company, sales £1 10s. Railways and Shipping—Wellington and Manawatu Rail, sellers £1 11s; New Zealand Shipping buyers £6 14s; Union Steam Ship, buyers £l2. Woollen Manufacturing—Kaiapoi, sellers £6 Ss; Mosgiel, sellers £4 Is 3d; Wellington (£4), buyers £5 3s 6d. Coal—Westport, buyers £6 12s 6d. Miscellaneous—Donaghy Rope and Twine Company, buyers £ll 15s; Leyland and O’Brien Timber, sellers £2; New Zealand Candle Company, sellers £10: New Zealand Drug Company (£2), sellers £2 10s 6d; Sharland and Co. (ordinary). buyers £1 3s; Wellington Fresh Food and Ice Company, buyers 9s 9d; Wellington Opera House Company, buyers £4. S. C. Leary, Chairman. C. D. Morpeth, Secretary. COMMERCIAL CABLES. PBF-SS ASSOCIATION'. LONDON. February 3. During the wpol sales 65,000 bales were sold 'for ", home consumution, 88.000 for the Continent and 4000 for America, while 14,000 were bold over. Compared with the closing rates of the December series, merinos and low cross-

breds were at par; lino crossbreds showed an advance of 5 per cent. —iu some instances higher. The Waihora clip sold at G?d per lb, and tbo Gear clip at 73d. The total quantity’ of wheat and flour afloat for the United Kingdom is 2,0DD,000 quarters, and for tbo Continent 090,000 quarters. Shares are unchanged. Tallow—Stock, 15,192 casks; imports, 2731; deliveries, 31! vi. Copper, on the spot, £55 Is 3d per ton; throe months, £55 7s Gd. Supplies, 18,919 tons; deliveries. 20,128; stocks, 15,131; advised afloat. 2500. Lead, £TI Gs 3d per ton. Silver, Is 10 1-IGU per ounce. AUSTRALIAN PRODUCE MARKETS. SYDNEY, February 4. Wheat, milling, Gs to 6s Id; Californian, us Sd; chick, South Australian, 5s lOd to 5s lid; New Zealand, os Gd to os 9d; local, os Cd. Flour, £l2 to £l2 os. Oats, feeding, New Zealand and Tasmanian, 3s 9d to 3s lOd; local, to 3s Cd. Barley, prime feeding, New Zealand, 4s Cd; malting, ,4a 9d to ss. Maize, os to 5s Gd; Argentine, to 4s 7d to 4s Od. Peas, bine, Ss to Ss Gd. Bran, Is 41d. Pollard, Is lOd. Potatoes, £5 to" £6 10s. Onions, £5 5s to £6. Butter, best, 10Jd to Hid. Bacon, lid to Is Id. [The above quotations are those ruling between merchant and retailer, and do not represent the slightly lower values obtained by recognised brokers.] MELBOURNE. February 4. Wheat, 6s 3d. Flour, £l2 10s. Oats, Algerian feeding, to 3s 3d ; milling, 3s sd; seeding, to 3s lOd. Maize, 4s lOd. Bran, Is Gd. Pollard, Is lOd to Is lid. Potatoes, £3 to £4 ss. Onions, £3 to £4. ADELAIDE. February 4. Wheat, sales, 5s Itid. Bran, Is Gd. Pollard, Is 9d. SOUTHERN STOCK SALES. CHRISTCHURCH, February 4. There was a fair attendance at Addington market to-day. Fat cattle —175 bead of the average range of quality, were yarded. The demand was irregular, but prices on me average were unchanged, except for cow beef, which was slightly easier. Steers, £G 17s Cd to £ll 12s Gd; heifers, £5 17s Gd to £8 ss: cows, £5 10s to £9 2s Gd; good hoof, 24s to 26s per 1001 b; cow beef. 225. Fat sheep.—The entry was good in. number and quality, but there was a very slow sale, several exporters being merely onlookers. All the sheep of good quality, however, brought previous week’s values, but old ewes were decidedly lower. Freezing wethers, 16s to 19s 7d; maiden ewes 15s to 17s 9u; prime heavy owes, ICs to 19s; ordinary to good, 12s Gd to 15s; aged, from 10s 3d. Fat lambs. —An entry of 2450 mot a very sluggish demand, but prices wore not quotably lower except for secondary and graziers’ lots. Freezers, 12s Gd to 14s 8d ; butchers’ and graziers’ descriptions, 10s to 12s. Pigs.—There was a small entry and a good demand, prices advancing on previous week’s rates. Baconers, 45s to 555; porkers, 30s to 42s Od :storos. 22s Gd to 355; small, stores, 17s to 2Xs: suckers and weaners, 14s to 16s. Per lb. porkers realised 5d to Cd. and good baconovs averaged sd. DUNEDIN, February 4. At Burnside to-day 216 fat cattle were yarded, including some very prime bullocks. ‘ All sold , at about last week’s rates. Best bullocks, £9 10s to £ll ss; medium, £8 6s to £9 7s Gu.; others, £6 15s to £8 2s Gd; best cows, £7 5s to £9 7s Gd; medium, £5 5s to £7 2s Gd; others, £4 10s to £5 2s Gd. Fat sheep.—Only 1339 were penned. Competition was good throughout, prices ruling Is to Is Gd better than last week. Best wethers. 17s Gd to 19s; a few.extra heavy np to 21s 3d; medium, 15s to 17a 3d; others. 14s to 14s 9d: best ewes, 14s Gd to 17s; medium. 12s Od to 14s 3d; others, 10s 3d to 12s Gd. Lambs.—997 wer*o penned, and met with a good sale, exporters operating freely. Best lambs. 11s 3d to 13s Gd, a few extra heavy realising 15s; medium, 9s 9d to 10s 9d: others. 8s 3d to 9s Cd. Pigs.—Only 115 were yarded, and the late good prices wore fully maintained. Suckers. 15s to 20s; slips, 22s to 245; stores, 28s to 345; porkers. 36s to 425; baconers, 64s to 70s; a few very heavy pigs brought np to 7ns. DUNEDIN PRODUCE MARKET. DUNEDIN, February 4. Oats. —The export demand for all classes has slackened considerably. Prime milling, 2s Old to 2s 7d; good to best feed, 2s 5d to 2s Cd; medium, 2s to 2s 3d; inferior, Is Gd to 2s. Wheat.—Prime railing, 5s to 5s Gd; good, 4s Gd to 4s lOd; medium, 4s 2d to 4s Gd; best whole fowl feed, 4s; medium, 3s Gd to 3s lOd. Potatoes, £2 to £3 5s per ton.

Chaff—Prime oaten sheaf. £4 5s to £4 15s; extra heavy, £4 17s Cd; good, £4 to £4 ss; medium, £3 10s to £4; straw chaff and inferior oaten sheaf, £3 5s to £3 6s.