FINANCE AND TRADE.

New Zealand Times, Volume XXVII, Issue 5729, 26 October 1905, Page 7

FINANCE AND TRADE.

The Customs revenue received yester day totalled .£1693 19s 2d.

The following is an. extract from a letter received by yesterday’s mad from an apple broker in London: Apples fiom New Zealand towards end of shipments realized top'prices, and from all accounts those sent along early in next year will reach a good market. AVb have had a very bad fruit crop tins season all round for during May we had severe frosts, and .later wo had terribly hot w e “ t s er ’ u' h f C n f dried everything up, we shall bo short of strawberries, raspberries, black currants, plums, pears, apples and cherries. Strawberries this year were two or three weeks late on the market, and poor in flat mu. English, cherries made 8d to Is pmlb, and no sooner on the market than off again. grain and produce report. Dalgety and Co., report, under date Dunedin, October 23rd: — . , Oats—There is a good inquiry, but the business passing is small, owing to the limited quantity offering, and the Brea*** proportion of stocks now m store will be required locally for feed and milling purposes. The market is firm at quotations, and the probability is that unless heavier consignments come forward from tho country an advance on present values may be looked for. Prime nulling, 2s to o s Old: good to best feed. Is lid to 2s; inferior to medium. Is 9d to Is lOjd per bushel, sacks extra. Wheat. During the past week there has been a good demand for prime lines of Velvet and Tuscan. Millers, however, are not disposed to purchase at prices on advance of late rates, while a good many holders ask from Id to 2d per bushel moro. Medium quality is still without attention from millers. Fowl wheat has a fair sale in small lota for local consumption. Shipping orders, however, can still be fulfilled to better advantage at northern ports. Prime milling, 3s 2d to 3s 4d; medium, 3s Id to 3s 2d; whole fowl wheat, 3s lid to 3s: broken and damaged, 2s 8d to 2s lOd per bushel, sacks Potatoes. Consignments during the past week have been small. Prime Derwents are most in demand, and these show an advance in value of from 10s to 15s per ton on prices ruling a week /ago. White sorts are not so much in 'favour, but, in sympathy with Derweuts, have also g>mo up in value. Best Derwents, .£ll to .£ll 10s; choice, ,£ll 15s; medium, .£lO 10s to £llO Ins; white sorts, .£lO to All per ton, bags in. Chaff. Tho market is not by any means well supplied at present. Prime oaten, sheaf is in demand, and readily quitted ex truck at quotations. Medium chaff, in the absence of prime quality, has late. lv had more attention from buyers. Prime oatensheaf, .£3 Ids to .£3 15s; extra choice to .£3 17s 6d : medium, A 3 to .£3 7s 6d per bon, bags extra. Straw. The market is bare of sup-

plies. Best wheaten would readily sell to-day at 335, and best oaten at 40s per ton, pressed. COAIAXERCIAL CABLES. PRESS ASSOCIATION. LONDON, October 2-t. Copper—Spot .£72 12s 6d; three months. X7h 17s Cd. „ ~ T . .. . Wheat ami flour afloat for the United Kim-doin, 1,310,000 quarters; for the Continent, I,SC-LOUD quarters; Atlantic shipments, 153,000 quarters; Pacific shipments. 2.1,000 quarters. Bank of New Zealand shares, £i to 10s. AUSTRALIAN PRODUCE MARKETS. SYDNEY, October 25. Wheat, chick. 3s 2d to 3s sd; mining, 3s 6d, Flour. £8 5s to .£8 10s. Oats. Tasmanian white feeding, 2s 10(1; New Zealand Cartons 3s id to 3s 2d; B grade, 2-s lid to 3s. Barley, English, -s lid to 3s Id; malting. 3s Del to is. Maize, 4s 2d to 4s 3d. Bran, lid. Pollard, Is 2d. lotatoes, Tasmanian, -CO 10a. Onions, ban Francisco, .£22. Butter, lid. Cheese, fad to 7d. Bacon, old to 7d. MELBOURNE. October 20. Wheat. 3s 6d. Flour, XI los. Oats. Algerian feeding. Is lid to 2s Id; milling, ■> s 2d Barley, medium malting, as to as id. Maize. 3s lid. Potatoes, 5s to i 8 10s ' ADELAIDE, October 23. AVheat, 3s 7d; tho market is quiet. Flour, XS to £8 ss. Bran, Is. Pollard. Is 3d. Onions, new, .£lO.

SOUTHERN STOCK SALES. CHRISTCHURCH, October 25. At Addington market to-day there wore small entries of stock in all departments except fat cattle and pigs and a good attendance. There was an improvement in beef. Eat lambs sold well as did the few store sheep that weft ottered. lat sheep were firm, but pigs, except porkers, and store and dairy cattle, were dull ot There were only between 500 and 600 store sheep ottered, mostly owes, and lambs and thoy met with rather better sale. One hundred and twenty-oup aged owes and lambs made 11s; 200 sold at Js ( Jcl (all counted); 61 wethers at -Os 1M; 70 hoggets at 20s. „. , , Put lambs. —There were 100 fat lambs neimcd, o t which tho greater proportion were of prime quality, and they sold readily under keen competition iroiu butchers. best sorts making 19s to 225, and others 14s to 18s. Tho yarding of fat sheep was a moderate one in numbers, and primo sorts sold lirmlv, especially’ show sheep, but the demand was slack. For unfinished lots the range of prices wast-Prnne wool y wethers 21s to 27s 6d others 20s to 23s Gd prime shorn wethers 19s to -Is lid, olheis 15s 7d to IBs; woolly ewes -0s to -3s Cd. shorn owes 15s 7d to 255; merino wethers 17s lOd to 19s sd. . Eat cattle.—There were 223 fat cattle penned including a North Island consignment. Bidding was slack at the opening, but afterwards unproved, and prices closed rather firmer than at tho last sale. Fourteen steers from Mrs b. Lemon (Doyleston) made =£7 los to All -s Gd- 21 steers from the North Island AJ 17s 6d to Aid 10s; 9 from. Mr Edwards (Kaiapoi) A 9 ss. Other steers brought _A6 to All 17s Gd; heifers Aa 10s to A 9 as; cows A 5 5s to A 9 ss, equal to 24s to 26a for prime extra to 27s 6d, and cow and inferior to 20s to 23s per 1001 b. There was a large, yarding of veal calves, a large proportion being poor and. small.’ They sold at 7s Bd to A2 15s. Store and dairy cattle.—there was a large entry of store cattle, mostly in ba cm ward condition, and there was practically no demand, and few changed hands at auction. Yearlings sold at 13s to IBs, 15 to 18-months 30s to 47s 6d, two-year steers 62s 6d to 7m Gd, two-year heifers 55s to 565. two and a half-year steers passed at 77s 6d, forward threeyear steers passed at AG, - three-jear heifers 60s Cd to 71s, backward three and four-year steers passed at Was, dry cows 30s to 40s Gd. . There was a poor entry or dairy cows, ami they met with dull sale* at low prices. , piga.—There was a very large yarding of pigs, especially of bac-oners and stores, and both these classes were easier. Porkers sold very well. _ Large baconers made 45s to 48s, including a lino ot 18 prime Berkshires from Canterbury Agncultural College at 46s Gd to 48s, lighter 35s to 425, equal to 3jd to 31d per lb; porkers 20s to 325, equal to 4d to 4 a d per lb:' largo stores 15s to 20s, medium 10s 6d to 14s Gd, suckers 3s to 9s. DUNEDIN, October 25.

At Burnside market 183 fat cattle were yarded tho greater part prime to good quality bullocks. Prices improved as the sale went on, and were about 10s per head higher than at last week’s sale. Extra heavv bullocks All 17s Gd, prime A 9 15S to AlO 17s 6d, medium A 8 to A 9 ss. best cows and heifers A 7 5s to A 9, medium A 5 10s to A 6 15s, light A 4 10s to A 5 ss. , .... Fat sheep.—ls 27 penned, principally good quality wethers. The sale opened at about last week's rates. Tho market, however, hardened at the close. Prices were about Is in advance of last week. Best wethers 25s 6d to 27s 6d, extra up to 28s 6d, good wethers 23s to 235, others to 225. There were only a few pens of owes, and the top price realised was 21s 3d. Fat lambs—6o head yarded. Best from 16s 6d to 18s, medium 14s 6d to 15s 6d. Pigs—l 36 yarded, mostly 'suckers and slips. The demand was only fair, and prices were a little easier. Porkers and baconers sold at late rates; suckers 6a Gd to 10s, slips Hs to 16s. stores 18s to 225, porkers 23s to 31s, light baconers 36s to 10s, heavy 11s to 465, choppers up to 525. OTAGO GRAIN MARKET. DUNEDIN, October 25. Wheat—Prime milling is the only class in favour with preference for choice lines from Central Otago. Prime milling 3s 3d to 3s 4d, medium to good 3s Id to 3s 2d, whole fowl wheat 2s lid to 3s, broken 2s 8d to 2s 10(1 sacks extra. Oats—Stocks held locally are exceedingly email, and are not■ being maintained by fresh consignments. There is steady local demand, in face of which shippers have difficulty in securing requirements. Prime milling 2s to 2s hid, good to best feed Is lid to 2s. medium and inferior Is 9d to Is 10|d, sacks extra. WELLINGTON STOCK EXCHANGE. yeSTerdat’3 quotations.

Buyers. Sellers. Sales £ s. d. £ s. d. £ 8. a Banks - National of N.Z, Ltd 5 19 6 New Zealand .. 6 15 0 6 15 0 Financial — Equitable Building uo.Ltd.. 9 15 0 Metropolitan Permanent. £10 .. 11 15 0 N.Z-AR.Plate.Ld. 19 0 1 10 0 1 9 0 Wellington Bid., Ltd,, 10s pd. .. 0 11 9 Wellington Trust & Loan, Ltd. .. — 7 9 0 — Gas— Feildiwg .. ». 18 3 — New Plymouth .. 7 7 0 Palmerstori N. .. 6 0 0 Wellington, £10 .. is 7 a £5 9 3 9 Insurance— New Zealand 4 18 5 South British of N.Z. (ex) 5 5 0 _ ' Standardof N.Z. .. 0 17 8 — — Meat Preserving Wellington Meat Export £5 6 15 0 — Railways and shipping - W.&M. Railway ... 1 U 6 1 14 9 Wellington Steam Ferry, £1 pd. .. 0 17 6 0 19 0 — Woollen Manufacturing- • Wellington — a 17 e — Coal— Taupiri .. * .. 0 19 6 — — Miscellaneous — Leylana - O’Brien Timber Co. 2 2 G Mauriceville Lime Co. 16 6 Mitcbelson Timber Co 0 9 0 Mountain Uimu Timber Co. .. 0 19 6 N.Z. Drug Co„LtJ, 9 6 0 N.Z. Paper Mills 14 0 Ward & Co., Ltd. 4 7 6 4 12 6 — L, H, B Wi son. Chairman. C. D. Mokpete, Secretary