FINANCE AND TRADE

New Zealand Times, Volume XXXII, Issue 7024, 12 January 1910, Page 4

FINANCE AND TRADE

WELLINGTON STOCK EXCHANGE. YESTERDAY'S QUOTATIONS. MINING. Aucklaud.—Dominion (KaranfrahaUe) Vi a.m., fv 3:1; noon, a 3d; 3.13. a 3d. Kurilnui—noon, a la. ICurunui Caledonian —loam.. b la Id; noon, b la Id, a 1;; 3d. May Queen —10 a.rn., b 3a Cd; noon, b 3a Od, a 3a 10d; 3.13. b 3d 3d, a J» 9il. Mountain Kind fcontrib.) —19 a.in., a Is: noon, r; 1 : 3.13. 3 la. N.Z. Crown —10 a.rn.. b 5» 7:1: noon, b 5a 9d, a 6b; 3.13, b 5a cd. a 5a lid. Now Sylvia,—lo a.m., h 6a Id, nalea 6a id (reported); noon, b 6a 2.1, a 5a Id; 3.15, b 6a 2d. s 6s dil. sales 6a 2d! (reported). Old Itauraki 0. Minos-noon, b da, s -laid; 3.13, I, 4b. 3 4b 2d, sics 4:a Id. 4a id (‘Cbanso). Saxon—lo am., b la 4d; norm, b la 4d, a la 6d; 3.10. b 1)> 4;l. TaJrr.a Broken Hills—lo a.m.. a la 2d; noon. 3 la 2d. Taliaraan Consolidated -M a.m., b ,1,1 l'J« 6d. a X2 0b 3d, Hales £1 lit 9 1. £2 ('Channel); noon, b XI Id : 9d. .a £2, -o'e; X2 (reported); £2, £2. £1 19. a lOd i'Cnanael; 3.15. b £1 1S» 9d, a 12 Oar 3d. sales £2 'reported). Waihi —10 a.m,, b 5.9 12a 6d; noon, b X 9 123 6d; 3.15, b (.9 )20. 6:t, s £9 14a fid. Waihi Haefs-10 a.m.. h Ss; noon, a 9s; 3.15, s 9s. Waihi Untended—lo a.m.. h 3.a sd; mxm, b 3b 6d; 3.15, b 3b 6d. A adil Grand Junction—lo a.m., b XI 15s Sd. 3 XI 16b, sale,? XI 133 9d, £1 16» (reported); noon, b £1 13a, s XI 15s 6d; 3.1 a b .01 15c, B £1 15a 6(1, sales .Cl 15s fid (reported). West Const.—Consolidated Goldfields—lo a.m., b 17n fid. s 18a 3d; noon. I) 17a 9d, s 18a 3d; 3.15, b Ids, « 18a 3d. New Alpine (paid)—noon, a 2s; 5.15, » 2:a. Progress—lo u..ra„ b 123 6d; noon, b 12a 9:1. s 13b 3d: 2.15. b 12a 9d, o 13s oil. Hobs Goldfields, Ltd. (paid)—lo a.ui„ b Sa 9d. s 9s 3d, t-aies 5s 9d (reported): noon, b 8s £d, 3 9s 3d; 5.15. b 83 6d, s 9s 3d. Note.—Tlio letter “b” signifies buyers jtnd "b" sellers. INVESTMENT STOCKS. Bnyera. Sellers. Sales, £ e. d. £ s. d. £ e. il BANKS— 1 National of N.Z. Ltd (cum rights) 6 0 0 FINANCIAL— Euuitablo Building Co., Ltd 9 4 0 National Mortg’o. Ltd - 3 0 0 N.Z, and It. Plato Land, Ltd. (cum) 1 15 0 Wel’n Trust Loan, Ltd 7 3 6 I.NSDIUNCE Bonth British ot N.Z 2 13 5 SHIPfING N.Z. Shipping Co V 10 0 IIANUrACTL'IIINB Wel’n Wool’n, ord CO Air— Weetporfc-Stockt’n, • Ltd 0 6 9 0 7 5 MISCELLANEOUS— Borland O’Brien Timber 13 3 ■“ Manning and Oo„ Ltd 316 0 N.Z. Drug Co., Ltd, £2 3 6 9 2 7 6 BharlandandCo., Ltd., ordinary... Bbarland and Co., Ltd, preference 10 6 Wol’n Opera House . Co., Ltd - 7 17 0 - QUOTATIONS ELSEWHERE. I‘HBS3 ASSOCIATION. AUCKLAND, January 11. The following'sales were reported on the Stock Exchange this afternoon:—Dixon’s Consolidated (contrib.). sd; New Sylvia, 6s 2d; Saxon, le 3d; Waiotahi, 53; Boss GoldBeida, 9s; Old Hanraki, 4a sd, 4s fid; Kapanga, 9d; Pride of Tokatea, sd: Tairua Broken Hills, le 2d; Talisman Consolidated, 40a fid; "Waihi, 1963; Waihi Lx- ' tended, 3a 7d. 3s 6d; Waihi Grand Junction. 35a 9d; Westport Coal, 126 a; Auckland Gaa, 303 a. DUNEDIN, January 11. Stock Exchange aalea;—Muddy Terrace, Ms 6d. 24s 9d, 24a fid. Sales reported;— Now Zealand Drug. 47a; National Insurance, 27a fid; Waihi Grand Junction, 3556 d, Jsa fid; Mosglel Woollen, 665. LONDON COMMERCIAL CABLES. By Telegraph—Press Assooiatlon—Copyright. LONDON, January 10. BEBADBTUPEB POE EUROPE. The quantity of wheat afloat for the ■United Kingdom and Europe amounts to; To-day. Week ago. YT ago. Qre. Qrs, Qrs. ,-Pop UJt ... 2,515,000 2,270,000 1,890,000 rtf or Europe ... 817,000 940.000 730,000 3.332,000 3,210,000 2,620,000 Shipments from American Atlantic porta amount to 255,000 quarters, compared with 3*7.000 quarters last week and 295,000 quarters a year ago. Pacific Coast cargoes put afloat total 40,000 quarters, compared with 30.000 quarters last week and 60,C00 quartern a year ago. The total quantity of wheat and flour shipped to Europe from all exporting countries during the week ended January Bth was equivalent to 1,225,000 quarters ot wheat, compared with 970,000 quarters in the previous week" and 800,000 a year ago. The total included. 3000 quarters from Argentina and Uruguay, which In the previous week seat 10C0 quarters; the amount shipped a year ago was 101,000 quarters. SILVER. Bar silver is quoted at 24 3-16 d per ounce standard, a rise of l-16d since yesterday. SYDNEY WOOL SALES. SYDNEY, January 11. The wool sales have reopened, with, a . good demand at about the closing rates of tho December sales. HUNTERVILLE STOCK SALE. Dalgoty and Co. report that at HunteryUlo yesterday they had a fair entry of stock. Yearling steers made £2 12s fid, 15 to 18-months steers £3 6a, 2i-ycar steers £4, 2i and 3-year steers £3 15s, store cows £3 2s fid. FRUIT AND PRODUCE. Wellington quotations. Fho markets aro now being kept well supplied with all classes of fruit from day to day, with tho result that values ruling arc now much lower than formerly. Tho moat marked increase in tho supply is iu peaches, heavy consignments of which aro arriving from tho Hawke's Bay ns well as tho Nelson districts. Somo of tho favourite varieties of dessert plums, including Burbanks, are now arriving, principally from Auckland, and a heavy, decline took i place in values. Black currants continue i to receive keen attention at tho sales, and \ raspberries are now in better demand. Tho . quality and condition of both cles&ort ami cooking apples is expected to show a mark- ■ cd improvement very shortly. So far no pcara worth speaking about have mado their appearance this season, and a strong market la expected for first supplies. Tho only shipments of fruit now arriving from 1 Now South Wales aro passions, lemons, * and pineapples. Further shipments of

oranges ’-ill rut arrive until the 25th inRant from California. Apples. ]*r u- <1 v-c t in to 8s ca«e, good 4-i 1/j r < 7 , -;0i ,: 4 prune to 5s fid, good 3s u> 3^* G(I - pu-'-ions 4-; bd to 5s 6d case; V; to 1- Cl lb: choice 4a fii' h ul haif-ca-e. prime t'l to 4plan's 2s 6d to 3s 6d ha!f-ca-u inferior and over-ripo l' : to is Cd: nectarines 4s Cd to td lialf-c a>-o; raspberries 5.> Od to 6s 6d lau-kct; Rruwberrico Is to 1* Cd ranal bo:;; black currants 6s to 7s half-case. POTATOES AND ONIONS. A steady demand is being met with for new potatoes, and as supplies are now counncm-ing to offer more freely, am* with Hie likcHhood of Canterbury-grown hui;-" a b«io=t v.-ady Tor marketing, present p, '. rjiaif tb ally ccTain to case with--it, • • , - nr.flue Pusgth of time elapsing. Oi:erally. thu finality U good, and values rv.bng ‘■ho-.v a range according to condition ” Imports from the Auckland distri' i imlp-ate s,ha.t a temporary strengthening tone Ims taken place, but as u very small percentage of tubers is reaching this market from that quarter, this will not uhow anv appreciable effect here. For some few weeks past the Victorian market for onions has been steadily declining, until it is now practically at a nominal level. In the course of tho next week i.r a fortnight New Zealand onions, from 1 .dh tho Auckland and Canterbury districts should lie available. The low prices ruling for imported, however, will prevent the possibility of anything like extreme rates resulting for the first, of the new season’s locally-grown. In addition to this, for the first few weeks New Zealand onions will require to become seasoned before they can bo depended upon to keep any length of time. Doubtless, after tho laps© of another fortnight it will not be necessary to import Victorian onions. The crop in tho Dominion will probably bo suiliciciit to cover requirements for tho next in:: months. Potatoes, priiao £7 10s to X 3 ICs, good £5 to £6 ton; onions, prime £7 10a to £3. 0 THE 11 VEGETABLES. A very healthy demand is being met with in the local vegetable markets, and taking the market all round a better tone ia prevailing. ■ Cauliflower*, choice 6s to 8s sack, prime 4a to 5s 6d; cabbages, choice 5a to 7s, prime 3s 6d to. 4s fccl sack, lettuce Is 6d to 3a case; green peas, choice green lOd 1 to Hid. peck, prime 6d to 8d; pumpkins 6s fid to 103 sack; turnips 5a to 6s sack; beetroot 4s to 5s sack; asparagus 6a to 9s dozen bundles; marrows cs to Bs sack; parsnips 4s 6d to 5a fid sack; celery 3s to 4s dozen bundles; artichokes 4s 6d to 5s 6d part sack. EGGS. Tho market remains unchanged at last rates, viz., Is 2d to Is 3d per dozen. THE DOMINION’S EXPORTS. SOAIE SATISFACTORY FIGURES. Tho monthly statement of the Commerce and Tourists Division of tho Department of Agriculture, giving the exports for December, aa well as those for the nine months ending December, provide a most satisfactory comparison with tho figures for the corresponding periods of tho previous year. Taking the month’s figures, there are increases under practically all headings except grain and timber. Tho figures for the past nine months exhibit a splendid advance. There was a fallingolf in mutton, but this was more than counterbalanced by the increase in lamb. THE DECEMBER FIGURES. 1903, 1905.

Totals ... £8,957,821 £11,589.042 Tins shows tho gratifying increase of £2,631,221 for the past nine months, the great bulk of which was contributed by agricultural products. Tho Customs revenue received at ‘Wellington yesterday totalled’ £4366.

£ £ Butter 210,410 278,180 Cheese »•* 115,478 160,323 Beef 25,930 45,494 Mutton 70,334 48,966 Legs and pieces 766 1,469 Lamb 24,575 31,641 “Wheat 27 16 Oats 8,186 4,597 Potatoes ... 121 108 Hemp ... 23,281 25,608 Rabbits 2,537 10,311 Tow 758 1,137 Kauri gum ... 40,823 42,430 Grain and pulse 4,983 3,031 Hops 325 1,815 Hides ...• ... 13,310 16,523 Skins 51,667 65,259 Tallow 19,217 25,630 Timber 29.830 29,259 “Wool 566,100 887,864 'Gold 155,971 177.064 THE NINE MONTHS’ EETT3EN. Tho following table shows tho export for tho nine-month periods of 1908 and 1909: Nino m'tns Nine m'ths ending ending Dec., 19C6. Dec., 1909. £ £ Butter 673,271 888,581 Cheese , 383,323 627,074 Beef 208.501 419,484 Mutton 771,507 690,157 Legs and pieces 37,726 39,230 Lamb 1,035,630 1,283,616 Wheat #.« 270 305,579 Oats 100.340 433,038 Potatoes 1,163 2,153 Hemp, 238,455 236,125 Babbits 50,963 64,044 Tow 14,215 12,060 Kauri gum ... 307.086 415,475 Grain and pulse 39.418 69,534 Hops 4,440 11,007 • Hides 123,353 174,798 Skins 429.782 636,640 Tallow ... 311,184 469,983 Timber 295,298 266,706 Wool 2,299,941 3.002,636 Gold 1,476,950 1,541,115