FINANCE AND TRADE.

New Zealand Times, Volume XXIX, Issue 6384, 5 December 1907, Page 4

FINANCE AND TRADE.

LONDON COMMERCIAL CAULKS. I'KKSS ASBOOMTIO”. LONDON. Dr-combo)- 2. C‘oi;»o1h oro <\ no* o-l at. JlH'.i 'i*-j an ;niKlMCff of 12a M. ~ , Sl.aiw—Dunk of N»w SouUi V. aM. £-Wi uUk-i-h. txmimr --On siKfl, -Of*) !2> Oil o ■nolitlw, .mi I supplies, 1:1,22-; loir.J; -lc'.ivories. (O.KIV loan, O.ookn, Hi,, 4!) (onr; -yoKt, Wl tons, rill--Ur. M"'- &») tbm> ir.ontle., i»|s3- 12.«: i loirs: deliveries.. 2M o-q.oi. « Ions: ali-wt. 3TSH tone. I Km. Ills :M. Load, .>.; I•’> 12s Cd-SimlK-r, .£2l. Tull-jiv -Slm-Us. lI.IKS rusks: iniporl-., ensli.s; «i.-liveries, 1)111 enuks. At. I !;e wool Soli s jiriees v.oi'o nnelion-r-----I, Phoy ore si ill very i neyuinr. All 1. I'.-ire-ora clip f.olJ at IiNI. AUSTRALIAN I’IIODKCK. SYDNKY, J)ece;,il)er 1. V/)n at-Clriek. priiim. -l.s CM; milling. .’I i„ SI. non- l-i -I.’. 7<l. rionr, ,211 lo II ms. Oats—A l;;eriiiti, 2s I’d io I!-. 2.1. it '.’7,r*, 4s 10-1. I in. II a nil l-r.llnnl. Is 2-1. I'.Poloes--Tarniainan, ,fi!i I.ls. Onion,,--i’ic.toria.n, .fit Ills to ,fi.l. Iliilfr-r. 11l is In lOC. Cheese, 7<l. Uacon, «,’<! to '(.’he uljove <| not al ions ni- I ho-<■ riiUn-,' Letv/een. merchant ami retailer, ami -lo 1 fit K-prv.-uint sliitlifly lows-r values ohiainetl by the rreoi'nieed broker. M KI.IIOI- 1; SI-;. Deesnilier ■(. Wheat. 4s 4/d. J-’loui-, .CIO Ills. Onto— Al:p.-rian leeiitn::, 2s h'd to 2s Phi; liillin:r. Its. Lark-y—Chevalier, 1.-s (si: Cape, tsi Maize, -is lid. Ulan and pollard. Is. Cof-aloes, to .fit. 12- Cl. Oniono— Old .23 1(18 to .fit, Me.-.-,- to .LM Ids. A DI-ILAJ DM. Deeemher 4. Wheat pareels are nomin.-illv at 4s -Md, Vtour, .CIO IPs, llran and pollard. Is. DUNEDIN GRAIN MARKET,

7>UNKT)TM. December 1. Who,'ll - .—There* is littif* or no anima* Hon in the markfl. find business is very

small. Quotations {'or milling an- merely rominnl. Prime velvet, ami Tu.'C.m , Hs 10d to f>s IUI, {{(.od to best; a-, tM to f><; ?0(i, medium as su, whole fowl wliea.. fis <ld to as Hd, damaged and broken as lo as Od, sacks exfrn.

Oats.-—ln Urn absence of any demand from tho North Island, sales cannot be ufiVedod at Into rates. Stocks are limited, and with the- slightest improvcim nt in demand Into rates would, no doubt, be secured. Best feed and milling Nl to ,{{s Gd, good to best Us Aid to 11s od, in* forior to iikmUuhi 3s to 3s 3d, ex store, Backs extra

the position ot beet sugar, tho London ‘‘Grocer' on October jgth wrote that no new feature could bo recorded in regard to tho beet market. (Steady progress had been made by the crops, but there Jmtl been no disposition to prwg sales, which would seem to indicate that prices were not likely to differ much from their present range. It was estimated that stocks in dealers' hands wore very mucJi reduced, but flicro was no dcf.slro to enter into fresh amrchasc-ff, especially with • tho outlook involved in, so much uncertainty as at present. A few more weeks would definitely settle this question. America was not likely to have recourse; to Europe for beet this season, ami appeared to have sufficient supplies with a very large* crop of sugar in Louisiana, also pargoes of .lava alloat. Sellers wore not much in evidence, and speculators seemed indisposed to move. Homo consumpi r.Vfi, during September was 9700 tons than in 190 C, and for tho first

n.,. months of the current year tho inamounted to 38.000 tons above A- of last: year. At tho close tho tone t llv, on lino weather on the Continent, and favourable crop reports.

Tlasly renders of nowspupors might nsMim'*. on reading of the suspension of a “Trusl; Company” that Nemesis was at last tlircatnnintf '‘trust magnates.” It may, therefore, ho well to explain that the "Knickerbocker Trust,” mouiioued recently us having gone under in the New York financial panic, is not, as might ho supposed, a capitalist combination for tho supply of nether garments, hut a trustee, executor, and, to a limited extent, a banking business. Tho '‘l'’inancial News” quotes a definition of its duties, which appears in tho advertisement of tho oldest and strongest of these institutions, and which may roughly bo applied’ to the’ '‘Knickerbocker Trust: "The company* ie a legal depositary for moneys paid' into Court, lad is authorised to act as executor, administrator, trustee, guardian, receiver, *nd iu all other fiduciary capacity. Acts is trustee under mortgages made by railroad and other corporations, and as transfer agent add registrar of stocks suid bonds. Receives deposits upon certificate of deposit, err subject to cheque, said allows interest on daily balances. Acta as agent for tho transaction of any approved financial business.” Tho Knickerbocker Trust hold deposits of sixty-two million dollars and

I Tho Customs revenue * received at Wei■lington yesterday totalled *£3741,

J WELLINGTON STOCK EXCHANGE. YESTERDAY'S QUOTATIONS Be VUES. Selleuh. Sales.

It has been declared by a well-known statistician that in Yorkshire and i-an-mshiro alono no less than three millions sterling is every year saved up by working people in connection with clothing m.d other clubs, all this money going jn complete now outfits for husband, wife, boys,, and girls. The paying-out begins previous to Easter, and it generally roaches its height just before Whitsuntide. BEAD THIS It's the quality that tolls. That accounts ifor tho groat success of "Amber Tips" Tea In Wellington and suburbs. Prices, li lOd and 2s a lb. * For Bronchial Coughs take Woods’ Croat 'Peppermint. Curt. Is.

£ ». a. A £ i. d. £ 8. d. Bauuo— National ot N.Z,, bid 5 8 6 Now Zealand 0 16 0 10 0 0 — yiHAUCJbkX.— National Mortgage 3 6 0 — N.Z. and II. Piste .. 1 9 9 'Wellington Deposit . aiul Mortgage ., — 0 10 9 — OA8— (Cbrlotcburob, *25 *. — 10 5 0 —* ToUdinn .. ,, 0 16 9 0 18 9 ilokltika 4 16 0 •Palmerston Worth .. 7 3 6 Wellington, X10 18 IS 0 — VoUioglon, X5 .. 9 7 6 — 9 7 6 IMIURAKOK— National oi N.Z* *. 1 0 9 — Now Zealand 4 I 0 — Standard of N.Z. .. 1 2 0 — — if«AT PSBtBATlHO'Ch’ikohuroh . Meat Company, X10 pa IQ 10 0 10 IQ 6 — n X0 pd 5 6 0 ..iffloarMeat, XI a 9 0 2 IS 0 — 'Wellington Moat, £5 — G 15 0 — ILunwAt 8 ahjo Hmwrio— W’titn-Manavfntu .. 2 a 0 — 'Onloa Steam Ship 20 2 0 —- — W’frt'n i'errjvXl pd 0 18 0 — — CoAt.— Taupiri 0 19 0 — — IVoatport .. .. 7 17 0 7 1G 0 Iffeatporfc - Stockton Ltd.. 7a 04 pd .. 0 9 0 0 10 0 MlFSCKI.t.AHlSOUS — St.LO, prolorenoo ., 1 2 9 leyland * O'Brien Timber .. 9 5 9 If.Z. Paper Mills .. 1 3 0 Ward and Co, Ltd*.. — 6 1 0 — 3IIN1KO— B'.oinala Hccfs, Ltd 0 1 8 9 1 9 H.’A. Crown .. 0 8 0 iVfav tyueeii, Ltd .. 0 I s 0. 1 Q'alismau Consolidated a is 0 2J4 0 3 18 G ■iVaihi Q.M. Co. .* B 4 0 8 5 0 B 4 0 L'glUvor .. a H 0 0 15 0 Wgatlawa .* .. — 0 1 10 0 1 10