FINANCE AND TRADE.

New Zealand Times, Volume XXX, Issue 6660, 6 November 1908, Page 4

FINANCE AND TRADE.

LONDON COMMERCIAL CABLES. LONDON. November 4. Bank Shares.—New South Wales: Buy,l'.!. £44; seller?, £45. National of Nw Kcalaml: Buyers, M las; ml lore. .£5 to. Bank of New Zealand 4 per ceut. stock, .£IOO. Silver, 22 15-10(1 per oz. Tiu.—On spot, J:[o7 ss; three mott.he, JBI3H 10s per ton. Load, .£lO 12 s Gd per lon. Wheat.—Fifteen thousand quarters o; South Anstraliun or Victorian JanuaryFebriiarv sold at lies 4Jd. At the tallow nuoliotis 820 casks offered mud lIS sold. Fine mutton, 35?: medium •51s. Pino beef, 33s .'ld; medium. » Cd. FROZEN MEAT MARKET. NAPIER, November 5. Tho Colonial Consignment and Dis(lributing Company, London, cables the following report on the irozen meat market Value of lamb and liindquarters o), beef declined an eighth of a penny. Touiay's q notations —Mutton: Canterbury, 4d . Napier, 'Wellington and North I - land, 3{d. Lamb; First finality, s?d; second, Sid. Beef: Hinds, 35d; tores, did. Tho Now Zealand Loan and Mcreaniilo, Agency Company has received the following cablegram from its Loudon house, under Wednesday« date; \.u .quote present spot values for the following descriptions’ of tallow—Hood mutton, , St's Cd cwt; good beef. Ills 3d cwt; mixed, -2Ss owl. Market inactive. DDM.AND FOR OATS SLACK. (Special to tho "N.Z. Times.'') INVERCARGILL, November 5. Tho New Zealand Loan and Mercantile Agency Co. report that during tho week tho oat market has been very slack. A tew sales have been made at la lOd to. 1» lllld, £.o.b„ a.i„ bat there is very little inquiry for oats. Xho slackness in tho demand is to some extent To bo accounted for to the tact that Australia ecoms to bo enjoying a very good season, with good mins aiul plenty of feed in consequence, and it is not anticipated that they will require to draw any more supplies from New Zenhlnnd. There is an inquiry for space to •the United Kingdom. as tho market there seems to bo the best cutlet now ■ opou for our surplus. Owing, however, to the fact that more payable cargo is offering in tho North, it is doubtful whether tho shipping companies will tala' l any moro oats ut the present low ■freights. MELBOURNE HIDE SALES. By Telegraph—Press Association—Copyright. (Received November 5, 10.30 p.m.) MELBOURNE, November 5. At tho hide sales to-day there wns keen competition, and prices were very im all round, supplies being small. Tho Customs revenue received at Wellington yesterday totalled 313920. WELLINGTON* STOCK EXCHANGE. YESTERDAY'S TRANSACTIONS. Business on tho wholo was fairly animated on the Exchange yesterday. In the mining section, there were sales of Talismans at £2 Os (id, Big Rivers at £1 I£b. ami Grand Junctions at £1 14a 3d. There wore offers of X 8 18a for Waihis, but holders asked for sixpence advance on that figure. Wellington Gas (second isauo) 'sold at £ll 53, Kauri Timber at 13s 9d, and National Mortgage at £3. QUOTATIONS. BOYERS. SELLERS. SALES. £ a. (1. £ a. d. £ a. d. Ii.IMUS National of N.Z., Ltd. ... ... Now Zealand ... 82 0 3 5 0 FINANCIAL— Equitable ■ Building Co., Ltd. ... - 10 0 0 National Mort'ge, Ltd 219 6 3 0 5 3 0 0* N.Z. Loan and Mercantile ... 0 4 3 N.Z, and R. Plato Land, Ltd. ... - 1 11 9 .■Wellington Truss Loan, Ltd. ... OAS—[Port Ohalmora ... 'Wellington, £10... 16 0 0 Wellington. £5 5a INSURANCE— New Zealand ... 310 0 312 6 . Meat peeservingOantorbury Frozen Moat 8 0 0 Christchurch Meat Co. 9 17 6 Hear Meat Co., Ltd., £4 - 915 0 - .■Wellington Moat Export. £4 ... . Wellington Meat - . Export, £2l2a 5d RAILWAYS AND SHIPPING—-iWoI’n-Manawatu Ball 212 6 - woollen Manufacturing—/Wellington Wooli lon, ordinary ... 3 1 0 3 3 6 COALrWoatport 512 0 fWeatport-Stoekt’n. Ltd., 10s pd ... 010 0 010 4 - Miscellaneous— ID-1.C., prof,, cum. 110 (Kauri Timber, 15a , paid ’ 013 6 014 0 0 13. 9* ■ Loyland O’Brien i Timber 1 0 9 1 2 0 (N.Z. Drug Co., Ltd., ■ £2 —2 9 0 (N.Z. Portland Cement 1 8 6 1 9 3 [N.Z. Paper Mills ,'Taranakl Petro- _ , ( loum. £1 pd. ... 0 6 0 0 7 6 Mining—(Big Elver ... ... 115 0 118 0 116 0* (May Queen, Ltd- 0 2 5 0 2 7 Talma Broken Bills 0 2 0 Talisman Conaoli- „ „ „ „ „ dated ... ... 20 6 20 9 20 6* Waihl Cl. M. 00. 818 0 818 6 , Walhi Gr'nd Junction, Ltd. ... 1 14 3 Wniotahi O. M. Company ... 0 2 3 Uangiaro 0 0 8 0 1 0 •Reported on 'Change. PRESS association. DUNEDIN, November 5. Stock Exchange Sales.—Talisman Consolidated £2 18; Wnihi Grand Junction, £1 13s fid, and £1 13a 3d.