FINANCE AND TRADE.

New Zealand Times, Volume XXXI, Issue 6995, 8 December 1909, Page 6

FINANCE AND TRADE.

WELLINGTON STOCK EXCHANGE. YESTEEDAY'S QUOTATIONS. MINING. Auckland.—Dixon Consolidated (contrib.)5.15. 3 6(1. Dominion (Kanuigahake)—noon, B 2Jd; 3.15, s 2i<l. Kuranui—noon, b Bd, s Is- 3.15. b 7d. Kuranui .Caledonian—lo 0,m., b Is, s la 2d,; 3.15, b Is, b Is 2d. Jlay Quoon--10 a.m., s 3s; noon, s 3a: 3.15. b2s 9d. a 3s. ilaoriland—lo a.m.. a 7d; noon, » 7d- 3.15. s 7d. Mountain King (pd.>— noon! b IW. a Is; 3.15. b lOd, a Is Id. Mountain King (contrib.)—lo a.m.. b lid, a Is. New Sylvia—lo aou., b 4» 10(1, ssa 2d; 3.15, b4s lOd, ass Id. N.Z. Crown—--3.15, bls sd. Kclianco—noon, s 4<T; 3.15, u 3d. Saxon—lo aan., s 1» 2d; noon, b Is, hla Id; 3.15, b la, s 1« 2d. Tairuaßroken Hills—lo a-m., sls 2d; noon, bls Id, sls 3d; 3.15. b la Id. sla 3d. Talisman Consolidated—lo a_m.. b£2 3« 6d; noon, b£2 4.i fid. n £2 6s; 3.15. b £2 53 fid, s £2 6s 6d. Tarigia.ro—lo 0.m., b Id; noon, b Id; 3.15, b Id. Waihi—lo a.m., b£9 14s 6d; noon, b £1) Jss; 3.15, b £9 16b. Waihi Beefs—noon, s lis. Waihi Extended—lo a.m., s 3a 90. Waihi Grand Junction—3.ls, b £1 15s 3d, s£l 15s 6d. Waitangi Consolidated N.L.—noon, b 2s 6d, 8 2s 9d; 3.15, b 2s 6d, a 2a 3d. West Coast—Consolidated Goldflclds—lo a.m., h 18s 3d; noon, b 13s, s 18s 9d; 3.15, b 18s, s 18s 9d. Progress—lo a.m., b 12a 6d; 3.15, b 12s 3d, s 12a 9d, sales 12s 6d (reported). Boss aoldiiolda, IMI (pd.)—lo a.m., b 8s 9d, Ft 9a 6d; noon, b 3s 9d; 3.15, b 8a 9d. s 9s 3d. Note—Tho letter "b" signifies buyers >nd "a " sellers. INVESTMENT STOCKS.

QUOTATIONS ELSEWHKRE. PBESS ABSOCIiTION. AUCKLAND, December 7. On 'Change this morning tho following business was done.—Kuranni Caledonian, la •2d. to 3d; May Queen, 2s lid; Monowai, 1b fid- Alburnla (contrib.), Is Id; Waiotahi,ss; Hourakl, 13 7d; Golden Belt (contrib.), 6Jd; Talisman, 455; Waihi, £9 19s; Waihi Extended. 3s 7d; Grand Junction, 35a 3d, 35s 9d. Afternoon calL>—Kuranui, 6d, 7d; Kuranui Caledonian, Is 2d; May Queen, 2s 9d, 2a lOd; Waiotahi, ss; Consolidated Goldrflclds, 18a 6d; Dominion, lid; Phoenix, 4d; ! Tairu» Golden Hills, 4a 7d, 4s 8d; Talisman Consolidated, 46a,'46a 6d; Waihi Extended, 3a 7d; Waihi Grand Junction, 35a 9d. DUNEDIN, December 7. ; --Stock Exchange sales:—Waihi Grand •Junction, 355, 34a 9d, 355. Sales reported:— national Insurance, 27s 3d; Talisman Conaolidated, 43b- 6d; -No Town Creek, 10b, 10s. GOLD RETURNS. AUCKLAND, December 7. During Novcmbei- Talisman. Consolidated crashed and treated 3950 tons of ore for a yield of bullion valued at £18,602. This shows a decrease of about £3 compared ■with the rettrrn for the previous month, ■when a larger tonnage (4040 tons) yielded .£18,605, bo that tho average on the present occasion ia higher. Tho output for No--oembex, 1908, was £23,173 Us from 3604 tons. Thro total costs for the past month wero XI 19s 4d per ton (as against £1 19s 8d per ton for October), and wero made up as follows-:—Mine development 103 lid, mining 13s 7d, milling 12a 9d, general expenses 2a Id. The total amount won from the Brine- to date ia £1,196,787. WOOL SALES. BESOMED AT SYDNEY UNDER. BJESTEICTIONS.ByTelegraph—Press Association—Copyright. SYDNEY, December 7. The wool sales were resumed under strike conditions. There ia strong competition, and prices are being well maintained. Private advices received in Wellington' from Messrs Winchcombe, Carson and Co.. Sydney, state that yesterday they sold 7300 bales of wool at auction and" privately. Greasy, fleece made up to 15d per lb. LONDON COMMERCIAL CABLES. 3y Telegrapn—Press Association—Conyright LONDON, December 6. BKEADSTTTFFS FOE EUBOPE. Tho quantity of wheat afloat for the United Kingdom and Europe amounts to: To-day. Week ago. Year ago. Qrs. Qrs. Qrs. For U.K. ... 2.070,000 2.120,000 2,404,000 For Europe 1.505,000 1,800,000 1,170,000 3.575,000 3,920,000 3,574,000 Shipments from American Atlantic porta amount to 246.0C0 quarters, compared with 353,000 quarters a week ago and 308,000 quartern a year ago. Paciflo Coast cargoes put afloat totalled 75,000 quarters, compared with 40,000 quarters last week and 40,000 quarters a year ago. The total quantity of wheat and 'flour shipped to Europo from all exporting countries during tlco week onded December 4th was equivalent to 1,250,000 quarters, compared with 1,485,000 quarters in tho preceding week and 835.000 quarters for tho •week ended December sth last year. Shipments from Argentina and Uruguay (inclusive an tho foregoing amounts) wero as follows for the respective periods in tho

order named—l3.CCo, 10.0 CO, and 23.0C0 qtiar- j ters. SI TATE. Bar silver is quoted at 2211-16 d jlundard. OTHER METALS. {[Received December 7, 11.55 p.m.) LONDON, LVcember 7. Copper.—On the spot, £59 3s 9d pot ton; three months, £6O 6s 3d; electrolytic, £6l. Tin.—On tho spot, £144 per ton; three months, £144 15s. CONSOLS STRONGER. (Received December 7. 11.55 p.m.) LONDON, December 7. Imperial Consols are quoted at £B3 la 3d, a rise of 83 9rt sinco Friday. CHBISTCIIITRCH CATALOGUE. I'ISKSS ASSOCIATION. CHRISTCIIDROH, December 7. Th" second or tlio current season's series of wool sales will b? held on Thursday, when 20,747 hales will bo submitted, compared with 19,213 hales at the corresponding sale laat year. FRUIT AND PRODUCE. WELLINGTON QUOTATIONS. During the past few days new season's local ly-srrowu apricote and peaches have made their appearance in tho local markets, and in spite of the carliness of their advent excellent prices were realised. Some vary nice samples of cherries are- coming to hand from the Nelson province and realising high rates. As a. matter of fact, the fruit markets are in a very healthy condition; supplies are not yet sufficiently excessive to allow of anything like unsatisfactory values prevailing. Gooseberries havo now boon available for some time, and these aro the only exception to scarcity of supply. A small shipment of Tongan bananas arrived yesterday, and will bo disposed of at the auctions to-day. Supplies or New South Wales citrous and summer fruits aro duo this morning from Sydney. Tho demand for oranges is bound to bo Btronß, as very fow are arriving from Australia owing to it now being the close or tho season. Shipments of Californian are duo hero on tho 18th instant, and those will tend to relieve tho tension, and also bo in ample time for the holiday trade. A furthor shipment of bananas will bo here cm Thursday from Suva, and as the total is only moderate, strong competition will doubtless result.

Apples, choice imported dtossort 143 to 15s case; lemons (local) 6a to 8s case; gooseberries 4s to 4s 9d half-caso; Ted currants 4s to 5a half-case; cherries, ohoice local dessert 14s 6d to 15s 6d, prime lis to 12s 6d; peaches, crates 12s 6d to 14s, halrcasos 7s to 9s; strawberries, choice Is 6d to 2s, good Is 3d -to Is sd, inferior 6d to 9d; apricots 3s to 10s half-caso. POTATOES AND ONIONS. Now that the season is so well advanced for old potatoes, and now have come on in much larger quantities lately, the demand, has slackened for the former, and they aro inclined To bo neglected. Now potatoes continue to fluctuate in price daily, dependent upon the quantity offering from time to time. Values are, however, now more on a level, which allows of the general consumption of the new potato, and with Southern supplies shortly available, a further decline should result. For some days past the market has been bare of onions, owing to no Melbourne steamer having arrived last Friday. With further shipments due to-day from Melbourne and Sydney, and also frpm Melbourne on/Friday, stocks will be well replenished. The Melbourne market continues to exfiib.it a strong tendency, and values on previous quotations are slightly higher. Old potatoes £6 10s to £7 103, inferior £4 10s to £5; new potatoes 8s to 9s cwt, inferior 56 6d to 7s; onions £8 to £9 ton. OTHER VEGETABLES. Supplies of vegetables have again continued scarce during the past week, and high prices have ruled as a consequence. Green peas have not so far dropped to a low level; in fact, it is almost unprecedented the length of time over which values hare kept up. Tomatoes were inclined towards the end of last week to arrive in much heavier quantities, and the market fell immediately. Cauliflowers, ohoice 8s to 10s sack, prime 6s 6d to 7s 6d; cabbages, choice 6s 6d to 8s sack, prime 5s 6d to 6s; asparagus, large bundles' 7s to 9s dozen, small 3s to ss; artichokes 4s to 5s half-sack; tomatoes, choice 6d to 7d lb, prims 4d to sd; parsnips 5s to 5s 6d sack, beetroot 3s to 5s sack; green peas, choice Is to Is 3d peck, prime 8d to lOd; rhubarb 3s to 5s dozen bundles;. lettuce 4s to 5s 6d case; pumpkins 10s to 12s sack; marrows 7s to 9s sack; carroto, choice 6s to 7s 6d sack, prime 4s 6d to 5s 6d. EGGS. A particularly good demand for eggs has been in evidence lately, and with a fallingoff in the supply, values have advanced to Is Id and Is 2d dozen.

The Customs revenue received at Wellington yesterday totalled £2287.

Bayers. Sellers. Sales £ s. d. £ a. d. £ a. eakks— National of N.Z. Ltd._ _ _. 5 19-0 6 0-0 — FtKANCIATrNational Mortg'e, Ltd. 218 = 6 3 0 0 •— N.Z. Loan and Mercantile (cum) — 0 4 0 — Wol'n Invest T..A. Co., Ltd. ... -. Oil: 0 Oil 6 — Wol'n Trust Loan, Ltd. ... 7 10 7 4 6 — Wel'n Deposit and Mortgage Ass'n, — 0 8 6 — GAS— Feilding ,.. 113 — — Napier,JS5 paid _. 12 0 0 12 7 6 — Wellington, £10 —. 13 5 0 — Wellington, £6 15a — 14 5 0 — INSTTBAUCB— National of N-Z. — 18 0 — South British of N.Z 2 12 6 2 15 0 — Standard of KZ. 13 0 — — MEAT PBESEEVING— Christehnrch Meat Co. _ ,.. -. 10 16 0 — — Gear Meat Co., Ltd. £1 2 13 6 — — Wellington Meat Export, £212s 6d 2 15 0 2 17 6 — RHiirpmG— Union Steamship — 113 6 — HANrrrACTtraiNG-* Wel'n Wool'n, ord. 3 3 0 3 4 9 — CO Air— Westport — 6 4 0 — Westport-fltooifn, Ltd. 0 6 6 0 7 0' — ' MISCELIiANEOTJSKanri Timber, 15a paid r 0 16 0 —■ Manning and Co., Ltd 3'15 0 — "" N.Z. Consolidated Dental Co. — 14 6 — 35T.Z. Drue Co. Ltd. £2 2 6 0 2 7 6 — Saarland and Co., Ltd, ordinary ... — 10 6 -J Sharland and Co., Ltd., preference 10 6 — ~~ Taranaki Petrol'm, £1 paid — 0 7 0 — Ward and Co. Ltd. — 4 15 0 — Wel'n Opera House Co., Ltd.™ — — 7 17 6 —