FINANCE AND TRADE

New Zealand Times, Volume XXXII, Issue 7023, 11 January 1910, Page 4

FINANCE AND TRADE

WKIJJNCITON .STOCK EXCHANGE. YESTERDAY'S QUOTATIONS. MINING. Auckland.— Dixon Consolidated fcr.ntrib.) —l3 a.m.. s 7(1. Dominion iK:inin;::ilii'.:: .•: •- 11) a.m.. .; 3d; noon, s 3 d; 3.13. s :',d. Kr.rumii Caledonian—lo a.m.. li Is Id: noon. b Is id. h Is 3d; 3.13. I> 1; 111. M:iy Q-.n-l'li—--3.!;,.. I.) 3a 3d, h 3s 'Jil. .Mountain Kin:; 'contrili.)—lo a.m.. s Is;, noon, s 1.-.: 3.13. v. Is. N.Z. Crown-3.13. b Cs 6.1. New Svlvin—--10 a.m., I> :3s Hil; noon, b 5.-' lid. a 6-j 3d; 3.15. li 6» hi. i. 6a 2d. sales 6s (reported*. Old Uiuiruki (i. Mines-10 a.m., li 3. 7d noun, li 3s ICii. s 3k lid; 3.15, li 3s 11:1. s l:i. sales 3,, UM (rriiortfdi. Sa:.ou -nw:, ti 1.-i 4d; 3.13, 1) Is 4d. Tairua lirol-.cn lliMs--iioon. 1) Is Id. a Is 2d. Talisman ('.,n----iM>lid.vtcd-10 ,'i.in.. b .13 Us ti. 1. s .£3 J.i Cd; Tioon. b £2 (.'s 6d, s £2 Cs 9d. sale* .11! Is (renortod): 3.13, l> 1.2. » '-3 Os M. nil s C2 Is 3d (reported). Vaihi-noon, li £9 12.'6d. U'aihi Reefs-lO a.m., B 0=: noon, » ')■<; 3.13. j 93. Wa.il:i Extended- no.,;i, I, -s',, 1, h 3s 7d. Waihi lira ml Junction—lo a.m., b £1 l-'s od. s il 16s 6(1; no.ni. b il h..'Jd. a il 16s 3d; 3.15, b .£1 15-; 6d, s XI 16s, Kll>-j il 13s Oil' (reported i, £1 Ijs Oil l'Cham:e). AViiitanjrl Coutulidatcd N.L.uojti, b 2b 6d. Wwt Coast.—Consolidated GoldKelds-10 tin., b 16s Mj noon, h 17b 3d, s 17s 9d; 3.15, I) 17 od, i 185. New Alpine <pakt>~ i.oon, s) ■:... J\ ogress—own, h 13s, s 13a 3d; 3.15. = 13a d. Eoss (loldfields, l.nl. (paidl-10 P.m. V Ba. a 10s; noon, b Ss, r, 9s; 3.15, b Os lid. s 9s, sates 8b 9d ('Change). Note.—Tho letter "b" signifies buyers ind "s" tollers. INVESTMENT STOCKS. Buyers. Sellers. Sales. £ a. d, £ 9. d. £ s. il BAtfKO— National of N.Z. Ltd (cm/- rights) 6 0 0 FINANCIAL— Equitable Building Co, Ltd 9 3 0 Wcl'n Trust Loan, Ltd 7 3 6 - - Wol'n Deposit and Mortgage. Ass'n. 0 8 6 GAB— Foilding Wolling-'n, £6 15s 14 0 0 INBUBANOTIBouth Br;:;?!i of N.Z 2 13 6 —2 14 0* SHIPPIKC— N.Z. Sliipi.iii'.-: Co 7 10 0 - MAHBld'Trr.lNi'r-WnHV-rcuru COAL— Westport - 6 5 D - ■VVentporl-Sickru, Ltd 0 6 9 0 7 6 - Mi3('!i.!:.'.:;::jasI*ylit!!'l '/i.iien Timber 13 3 llannirr; and Co.. Ltd 3 16 0 N.Z. Drug C..., Ltd, » £2 2 6 0 Sharl.ini! a l .!-: Co., Lld...vrdi.:a.rv... - 110 - HhlU-UlUlla.-s-l'-'o., Ltd, pi u-ruuee 10 6 Wel'nouc:ii'-C!'.:-9 <Jo„ Ltd - 7 17 6 - "Reported. QUOTATIONS ELSEWHERE. PEESB ASSOCIATION. AUCKLAND, January 10. The following business was dono at the afternoon call to-day:—May Quesn, 3s 8d; Old Alburnia, leontrlb.), Is 7d, Is 6d; Old Uauroki, 4s, 4s Id; Now Zealand Orown, fe) 9d, 5s 10d; Waihi Grand Junction, 36s 6d"> Golden Belt (contrlb.). sid, sd; Tairua Broken Hills, la 3d: Talisman Consolidated, 40s, 40s 3d; Waihi, 195 s 6d; Consolidated Goldflclds, 183; Kuramii Caledonian, la 3d; Phoenix, 4d DTJNEDIN, January 10. Stock Exchange Bale:—Kiao and Shine. 40a. Sales reported.—Napier Gas, £12153; National Insurance, 27a 6d; New Zealand Drug, £2 7a. By Telegraph—Presa Association—Copyright. LONDON, January 9. Walhl shares are n_uoted—Buyers £9 Us !d, sollers £9 13a 9d; Waihi Grand Junction, buyers 34s 4d, sellers 35s 7d. LONDON MAEKET REPORTS. HIGH COITMISSIONEE'S "CABLE IIESSAGB. The Commorco and Tourists Division 'has rocoived tbo following cablegram from the High Commissioner, dated London, January Bth: There has been a better tono in the mutton market thi9 week. The Btock on hand la being reduced. The average price of Canterbury mutton is 4}d per lb (supply practically exhausted), North. Island 3Jd. ' Tho lamb market ia qniet. The stock of Now Zealand lamb is small; many stale carcases are being placed on the market. Prices range from 4}d to 3jd per lb. The beet market is weak, with littlo demand. New Zealand hind-quarters average 3Jd per lb, fore-quarters 23d. Thero is a better demand for butter. The market is firm, with a hardening tendency. Holders are loss anxious to sell. The shipment of butter and cheese per e.s. Bimutaka arrived in good condition. New Zealand butter is giving satisfaction to buyers. Tho averago price of choicest New Zealand is 112 s per cwt, Australian, Argentine, and Siberian 108 s, Danish 1225. Thero ia a better demand for cheese, and tho market is firmer. Now Zealand ohecao ia living satisfaction to buyers. Tho average- price of finest white is 56s per cwt, coloured 55a. The hoiup mtvrkot is very quiet. Nothing ia doing, anrt quotations are nominal. .New Zealand good fair grade on spot £2B per ton, fair £27, Manila fair current £26 10b. January-March shipments good fair £27. fair £26, Manila £25105. The stock of New Zealand heiap on hand is 157 tons. The Manila output during tho last two weeks ■was 33,000 bales. The wool market is firm, and prices continue to advance. Prospects are favourable. Current Bradford quotations for tops are: Per lb. 36's low cros3breds 133 d 40's low crossbroda 15d 44's medium cro3Sbrcda 16}d GO's half-breds , 20Jd 66's quartor-breda 23d 60's merlno3 ,_ 27d DALGETT AND COMPANY'S EEPOKT. Dalgoty and Company, Ltd., report having receive;! tlm following cablo messages from their London house: Wool.—M:. "utt vtt-y firm. Expect present prices f. r u.urinos and fine crossbreda to be r .'jiuV-mcd at next sales, and expect cio ,'ir-t v_ols of medium and ooareo qui.lit> t i rule 5 per cent, to 7J per con' ' * li r oa compared with last Bales' ola "i" iiiti's. Tallow I'c.i'i j lor mutton are unchanged, other ~ric-.pUons 3d to 6d higher. Demand i'-i ''•' for low and inferior doBoription". Frozen n\c it —The market for beet Is weak. S!(* i.s ol Jfew Zealand mutton ore n«'av'v o'-.naustcd, and there ia a fair demand tor Australian. Stocks of New Zealand lamb aro very, small, but Aus-

tralian lamb is in better demand. Quotations aro as follow: N.Z. prime ok beef, fores 23d N.Z. prime ox beef, hinds 3id N.Z. prime crossbred lamb, Canterbury, heavy 3Jd N. '/.. prime crossbred lamb, Canterbury, ' light 4Jd N.Z. prime crossbred lamb, North Island, heavy 3Jd N.Z. prime crossbred lamb. North Island, light 33d N.Z. primo crossbred mutton. North Island, light 33d Other descriptions New Zealand mutton, not quoted. Australian £ood average quality crossbred lamb, heavy ... 33d Australian good averago quality crossbred lamb, light 'ld Australian prime crossbred mutton, heavy 31(1 Australian prima crossbred mutton, light 33d PRESS ASSOCIATION ADVICES. By Telegraph—Pres3 Association—Copyright. LOXDON, January 9. WHEAT. Fivo cargoes of Australian havo been sold at 40s 9d per quarter; a cargo and &JOO tons, January shipment, at 41s; two cargoes at 41s 3d; a, cargo at 41s l£d; and 14,000 quarters, January-February shipment, at 40s 7*d. COTTON. American middling cotton in Liverpool. January-February shipment, is quoted at 8.06 per lb (0.23 d lower on tho week). SILVEE. Bar silver was quoted yesterday at 24Jd per ounce standard, a rise of l-16d on Friday's price. OTHEE MITALS. Yesterday's closing prices were: Copper.—On the spot, 2a 6d iowor at £6l 1b 3d per ton; three months. 2s 6d lower at £62. Tin.—On tho spot, 3Ca lower at £149 7: 6d per ton; threo months, 32s 6d lower at £l5O 12s 6d. Lead.—Soft foreign, Is 3d higher at £l3 15s per ton. MANUFACTUEED METALS, ETC. Tinplates.—l.o. cokes, 13s lOSd; charcoals, 14s 10>d. Fencing wire—So. 8 black, £7 73 6d. Cement.—ss and 4s 9d, according to brand. AUCKLAND WOOL SALES. PKES3 AS3OCIA.TION. ■ AUCKLAND, January 10. 'i* n >econd v,ool 3aie of tho season takes pi ( i Wednesday, when 6378 bales will be .■iiilted at auction. Most of the lots cou ii forward are back country consi nrt nt , and the quality is not so good ai iii ,i.>ieial average of offerings. The jatjoutj of tue farmers in and around tbj 11 paki Gulf disposed of their clips at tho first sale of the season. Tory little, if any, was passed in. The January sale is usually tho occasion for a big offering of baok country wool, and this year is no exception to tho rule. GOLD RETURNS. TALISMAN' CONSOLIDATED. Tho Wellington Stock Exchange has roceived the following telegram from Talisman Consolidated: period of December crushed 3240 tons for a. return of £14,424 8s Id (smaller tonnage and return owing to Christmas holidays). Total cost 373 Id —developments 9s, raining 12s 6d, milling 133 Id, geueral 2s 6d. Tho following cablogram hag been forwarded to London—'No. 12 level north, progress 44 feet, reef 42 Inches wide, values low; No. 13 level south, progress 34 feet, reef 27 inches wide, values low. Commenced sinking No. 5 winze, sunk 11 feet, reef 24 inches wide, assa,y value £2 4s sd; No 3 winze, sunk 14 feet, reef 24 inches wide, assay value £3 13s; No. 12 winze, sunk' 16 feet, reef wider than winze, assay value £1 4s sd; No. 13 winze, sunk 12 feet, rest 54 inches wide, assay value £4 10s.'" Laory and Co., Ltd., Wellington, report wholesale )>riccs ruling on the market: Wheat, r-.wl 4a 8d to 4s lOd; feed oats, 2s 2d to 2r, M. Dun oats 2a 4d to 2s 6d, seed oats 2<- 4;I to 23 8d; maize, 4s; crushed malt. 7b; fowl barley 2a 4d to 2s 6d, Cape barley seed 2s 6d to 2s 9d; flour, New Zealand £ll 53 to £ll 10s, Australian £l2 to £l2 10s; bran, £4 to £4 ss; pearl barley, i 15s; peas, Prussian bluo Sa 3d £o 5s 6d, I split £l7 10s; bonedust. £5 15s; superphosphates, £5 to £5 ss; pollard, £4 15s to £5 10s; basio slag. £4 10s; chaff (oatensheaf), £3 5s to £3 15s; oatmeal, £ll to £ll 103; potatoes, old tabic £2 to £3; potatoes, new £3 to £8 10s ton; Victorian onions, 8s owt; molasses fodder, £5; bacon (factory), sides 63d, hams 7id, rolls 7£d; butter, prime bulk Bd. Poultry—Hens, is to 3a 6(1; ducks, 5s to 5s 6d; geese, 5s to 6s per pair; turkeys, gobblers 18s to 20s. hens 10s to 14s,■ fresh eggs, is Id to Is 2d dozen; cheese. 5Jd to 6(1 lb, loaf 7d to7Jd; Akaroa machine-dressed cocksfoot, 73d to 8d per lb; farmers' dressed cocksfoot, 5d to 6d per lb; ryegrass, 3s 9d to 4s 6d per bushel; Italian ryegrass, 3s 6d to 4s 6d bushel; white, clover, 70s to 75s per cwt, red clover 75s per cwt; cow grass 75s per cwt: alsike, 82s 6d cwt; mustard, 40scwt; rape seed, 26s cwt; timothy, 32s 6d cwt; Swodo and turnip seed, 50s to 60s cwt. Tho Customs revonuo received at Wellington yesterday totalled £3320.