FINANCE AND TRADE.

New Zealand Times, Volume LXXV, Issue 5009, 6 July 1903, Page 7

FINANCE AND TRADE.

Tho Customs revenue and boor duty for tho week totalled respectively £8521) 17s Gd and £214 18,-i Gd. Saturday’s Customs return amounted; to £1258 Cs 7d. Messrs Thompson Bros,. Ltd., Harris street, report tho following wholesale prices .ruling on tho Wellington produce market during, tho past week: Wheat, 4s 2d to 4a -Id; cats, 2s 2d to 2a .(id; maize, 4s (id; barley, 3s 8d; horse beans, 4s 2d; partridge pca.s, 4s Del; flour, £lO 15s; oatmeal. £ll ss; bran, £5 10s; pollard, £G 10s; pearl barley, IGs Od; split peas, lbs lid; cheese, (id; butter, Sid to Od ; eggs, Is Kid per dozen; bacon, 83d for-sides, Od for rolls, hams 9.,d; potatoes, 70s to 75s per ton; onions, £4 10s to £0; oatou-sheaf chaff, 95s to 07s (id; straw, GOs; hay, £G; fowls, 3s 3d to 3s Od per pair; ducks 4s (id to ss; cabbages, is Gd to 2s sack; cauliflowers, ,£3s to 8s Od; cooking apples, Gs to (is Od, dessert apples 0s to 8s Od; swedes, 355; carrots, 40s; parsnips, os Od per sack; X>umpkias, 5s Gd. Messrs Halgety and Co., Limited, have received tho following cablegram from their London ollico, dated tho 3rd Inst.: —Owing to the hot and sultry weather prevailing, tho frozen meat market is very dull. New Zealand frozen beef (hindquarters) is quoted 43d and fore quarters 23d. Canterbury frozen mutton is worth 3Jd; North Island, 3td. Canterbury frozen lamb is quoted at od.

Messrs George Thomas and Co., Harris street, report tho following wholesale prices ruling in tho Wellington market; —Wheat (fowls’), 4s 2d to 4s id per bushel; feed oats, Is lid to 2s od; barley, 3s 2d per bushel; maize, 5s per bushel; pollard, £G 10s per ton; bran, £5 per ton; oatmeal, £ll 5s per ton; hay, £4 por ton; onions, New Zealand, £3 to £4 per ton, according to sample; cheese, factory. Od per lb; bacon, best factory BJd, bams 9d, rolls 9Jd; pastry butter, 8d to 9d per lb; fowls 3s per pair, roosters 3s Gd.; ducks, 4s 6d to 5s Od por pair; turkeys, hens 7s per, pair, gobblers 11s to 13s; fresh eggs, 2s per dozen, limed Is Od; cabbages, Is to 2s per sack; cauliflowers, 6s to 9s per sack; potatoes, 65s to 755; early seed potatoes, £-1 10s to £6 10s; partridgo peas, 4s 9d per bushel; oaten-sheaf chaff, 90a to 955, straw chall 60s; Capo barley, 3s 8d; Prussian Blue peas, 7s per bushel; carrots, 40s; parsnips, 3s to 4s; pumpkins, 5s per sack; marrows, 4s to ss; cooking apples, 5s to 5s 6d, dessert apples 5s to 7s; mutton birds, 5Jd; horse beans, 4s 4d per bushel. FRIDAY’S WOOL AND SKIN SALES. The New Zealand Loan and Mercantile Agency Company, Ltd., report as follows:—At our fortnightly sale wo bad a record attendance of buyers, and submitted a catalogue of nearly three thousand skins and thirty-five bales of wool. There was an excellent demand for all,skins and wool. Prices were about id per lb higher than at the previous sale. We quote:—Merino, from 5Jd to. 71d; half-bred, 6d to Old; line crossbred, old to 5Jd; coarse crossbred, 4d to 4}d; lambs, 31 d to 6d per lb; bare pelts, 3d to Is Id each; green' skins, 2s 6d to 3s lid each. Wool —Good crutchings, 3Jd; extra clean, 4d: coarse and dirty, 2Jd to 2Jd; fleece, from 4Jd to sd; pieces, Id to 3d per lb. Murray, Roberta and Co. report:— We offered fifty-five bales wool and 2350 sheepskins. There was a strong muster of buyers, including several representatives of Australian houses. Bidding for all descriptions of wooj and skins was very animated, with an edonal advance in super lots of skins. The wool offering consisted mostly of crutchings and inferior lots of crossbred. Prices were as follows;—Wool Fair to medium crossbred, 41 d to bid per lb; coarse crossbred 4Jd to odi; dingy and inferior crossbred, 4d to Aid; lambs, 5d to 53d; crutchings. 3jd to4d; looks and pieces, 2d to 3id. Skins— Fino to super crossbred’, 5Jd to Old; medium, crossbred, 4fd to 5Jd; coarse crossbred; 4d to sd; hoggets and dead, 8d to 4d, . WELLINGTON STOCK EXCHANGE.

SATURDAY’S QUOTATIONS. . Banks—National of New Zealand', buyers £4 11s, sellers £4 13s, sales £4 11a and £4 11s 6d; New Zealand, buyers £3 18s; Union, of Australia, buyers £3B. Financial—Equitable Building Company,buyers: JE9 ; lss; Metropolitan Permanent Building Society (£10), buyers £l2; National Mortgage, buyers £2 4s; Wellington Building, buyers £9 15s; Wellington Trust Loan, buyers £7 10a, ex diy. Gas—Palmerston North, buyers £4 16s; Port Chalmers, buyers £1 11s; Wellington (£10), buyers £l9, sellers £2O; ditto (£5), buyers £9 10s. Insurance—National of New Zealand, buyers £1; South British of New Zealand, sellers £5 Is. Meat Preserving—Christchurch Heat Company, sales £10; Gear Meat Company (£4), buyers £6 7s 6d: ditto (£1), buyers £1 15s; Wanganui Meat Company, sellers £5 7s 6dl; Wellington Meat Export (£5), buyers £7 8a 6d. Transport—Wellington and Manawatu Bail, buyers £1 7s 9d, sellers £1 8a 3d; New Zealand Shipping Company, buyers £6 15s, sellers £7. Woollen Manufacturing 'Kaiapoi, buyers £6 os; Mosgiel, buyers £4: Wellington (£1), buyers £5 6s 6d, sellers £5 10s, sales £5 7s 6d. Coal—Tan pin, buyers 19s 6d; Westport, buyers £G 17s 6d. Miscellaneous—Manning and Co., sellers £4 15s; Miramar. Limited (10s), sellers 11s 6d; New Zealand Candle Company, sellers £10; Sharland and Co. (ordinary), buyers £1 2s 9d. sellers £1 8a; Wellington Opera House Company, buyers £4 12s.' • S. C. Leary, Chairman. 0. D. Morpeth, Secretary. COMMERCIAL CABLES. PBESS ASSOCIATION. LONDON, July 3. DANK OP ENGLAND RETURN. The Bank of England return issued for the week ending Wednesday, Ist July, is as under:—

Tho loading items of the Bank of England return afford tho following comparison:—

GOVERNMENT SECURITIES. Tho following are the latest quotations for Government securities with a comparison of those ruling last week:—

* Interest payable in May anti November, t Interest pajiiblo In January and July. J Interest payable In April ami October MONEY MARKET. The market rate of discount for best three mouths’ bills is 7-1 G lower, at 2 5-10 per cent. The Bank of England rate is 3 per coat., as against 8i por cent, on Bth June, and 4 por cent, on 21st May. COLONIAL AND OTHER PRODUCE. Grain, etc.—Manitoba wheat, 3s 9d por bushel; La Plata wheat. 29s per (quarter. Minneapolis flour, 3 dollars 75 cents.

The American visible supply of wheat east of tho Rockies is estimated at 25,903;000 bushels. Argentine maize, Juno shipment, 21a 3d; July-Ai’.igust shipment, 20s Gd; freight, 14s Gd. Sugar is steady. German heot. 88 degrees, 2d lower at 7s 8d per ewt; first mark granulated, f.o.h. Hamburg, Id lower, at 9s 2d por cwt. Bradford Tops.—Merinos are dull, and values are barely maiutaiuod. Common 60’s unchanged at 24d; super GO’s, Id lower, at,2sid per lb. Crossbreds aro firm, 40’s, Id higher, at Hid; 46’s, unchanged at 14d per lb. THE METAL MARKETS. Copper—Spot, 5a higher, at £57 7e 6d per ton; throe mouths’, 2s 6d lower at £56 17s 6d per ton. Tin—Spot, IQs lower, at £127 5s per ton; three months’, 33s 6d lower, at £124 7a 6d per ton. Pig iron—'Glasgow warrant. No. 1 cash. Id higher - , at 52s 7d per ton f.o.b. in Clyde, Lead—lsa higher, at £ll 16s 3d per ton. Silver, 2s o|d per ounce. THE COAL TRADE. ■WESTPORT, July 5. The Westport Coal Company’s output last week was 7729 tons. GRBYMOUTH, July 5. Exports for the week:—Blackball Company, 1385 tons; Brunner, 1309 tons.

Issoa Diepartuxht, Note Issue.* £53,330.000 <3or. dob... £11,015,000 Other aooari- , tins .. 7,160,000 Qold.. .. 35,155,000 £53,330,000 £53.330.000 Bikkiko Demrtmest, Proprietor!* Gov. seoari* £14.653,003 ties £15,073,020 Other soposits .. 11.OS9.COO ouritios «. 37.514,000 Notes .. 23,122,000 posits .. 48,884,000 Coin .. 3,156.000 Rest, 7-daj end other bills 3.380.000 £74,626,00 ) £74,526,000

This week. Xi&atweok. Lastyear X £ £ Bullion . 35.140.000 85,471,003 sc.303,003 itveorvo . 21.278.0W) iH> bSa.000 25,047,000 Note ciroulaSlOQ. . 80,2--.s.f.oa 20 033,000 ao.sy^oco UtpoBita .. Prof ortioxi reserv . CO.Oi 3,000 oi.fc6o.ooo 68,177,OOu (O lUUUiiii«B., 42*03 51 02 42-97

Price. Variation. a # d. 2£ Consols 02 10 i % Now South Wales 119 u 8 %Ne?/ Uouth Wales luu 10 0 10/* higher 91 0 * % Victorian ,, IH 5 0 8i % Viotorian 8 % Viotorian .. DU I'U 0 0 Unchanged u J %Hauih Australian 101! 8 % Booth Australian Hi 0 4 % Queensland ., ICO “4 % Queensland .. , 90 10 i % Queensland le 8| % Notv Zealand} . 5i % Now Zealand! 92 U 84 % VYcbb Australian 192 0 a % West Australian Hi % Tasmanian 90 U.i 0 0 0 Unchanged 0 Unchanged