FINANCE AND TRADE

New Zealand Times, Volume XXXII, Issue 7025, 13 January 1910, Page 4

FINANCE AND TRADE

WELLINGTON STOCK EXCHANGE. YESTERDAY'S QUOTATIONS. MINING. Auckland.—Dominion — V.< a.ia.. a 3(1; noon, a 3d: 3.15, s 3d. Kurani'; —lO a.m., n Is; noon, sU. Kurumii Caledonian —noon, b la Id; 3.15. b 1? Id, ;■» N 3'!Mav Queca—lo a mi., h3s 7d. h 3.; 9;l; noon. b 3s Bd, a 3s 9(1, N.Z. Crown-10 a.m., » 5a Bd, bsa lid; noon, bGs Cel. New Sylvia —lO a.in., b 6s 2d; noon, b 4s, h 4a 3d (ex rights’; 3.15, b os 9(1. » 3s lid rights). Mountain Kins (contrib.vnoon, s Is: 3.15, a I-. , Old Havraki C*. M/ncs—l9 a .in., b 4s 7d. s 4a 9d. sales 4s sd. b 6(1 (reported), 4* £d. 4s 6d ('Chan't. 1 ): noon,b4«7d. a 4a BcJ, sales 4a 7d (reported-, 5.15, a 43 Bd. sales 4s 8d (reported). Saxon--10 a.'11., b Is 4d; noon. Ii la 4d. h Is od. aulos U 4*<i (’Channel; 3.15. b Is 4J, s U scl. Xairun, Broken Hill?—noon, b l.> 2d, s Is 3d. Talisman Consolidated—l. 3 a..ui., b J fV; Cd. 9 £2 Ca 9d. calc:* £2. X2 Cd 3*l (reported), X2 0 ; > 6d. X?. Ob 6tl Cl'iuuii,''.'; noon, b X2 09 Oi. a X2 as 9d; 3.15. b X2 Is, » X 3 6d. AVaihi—noon, h ,L 9 13a; 3.15, bX 0 1 6d, bX9 15s 6<(. AVailii Reel’s—lo a.m., a 9;. Waihi Extended—lo a.m., b3h 6d; noun, b 3a 6ti. Waihi Grand Junction—lo a.m.. 1) £1 15s. n£l J&s 6(1; noon, bXI 15s, 9XI 15s 6d, Bale* XI 15h 3d CGhantre); 3.15, s XI 15s 3d, sales £1 15s 3d (reported;, Otaffo.—Golden Bed (£1 paid).—lo a.m., b 17s 6d ; noon, b £1; 3.15, b XI. 5 West Coast.—Consolidated Goldfi?ld.y—lo a.m., b 17a 9d. s 18? 3d. sales ICs (reported); aoon, b 18s, b 18s 3d; 3.15. b ISr, a 18s Cd. New Alpine (paid)—lo a.m., s 2s; noon, s Is; 3.15. s 2s. New £2 7s 6d (ex). Proeross—noon, b 12s 6d, s 13s 6d; 3.15, s 13s 3d. Itossg OUlfi'jltK Ltd. (paid)—lo a.m.. b 8s fid. s 9s; noon, b 8s 3d. s 83 6d; 3.15, b By, a 8s 6d, sales 8s (’Change). Nate.—The letter "b” signifies buyers and “s" sellers. INVESTMENT STOCKS. Buyers. Sellers. Sales. £ a. d. X s. d. £ b. (I BXKXfI National of N.Z. Ltd {ex dir.) ... —* 5 13 6* Financial— National Mortg'o, Ltd - 3 0 0 - N.Z. Loan and Mercantile ... 0 3 0 0 4 0 N.Z. and R. Plate Land, Ltd. ... 1 15 3 WeKn Invest T.A. Co., Ltd. (ex) ... 011 0 011 6 IVel'n Trust Loan, Ltd 7 3 6 - - OAS— Wellington, £10... - Wollingt-’n, £6lsa INSURANCE— Iouth British of N.Z 213 6 * SHIPPING— \ \Z. Shipping Co 7 10 0 Manttpactcteing— Wol'n Wool*n, ord -* CO Air- ■ Westport 6 3 6 Miscellaneous— Lay land O'Brien, Timber 13 3 -* Hanning and Co., Ltd 3 16 0 t *- Bharland and Co., Ltd., ordinary... Wcl'n Opera House <30.. Ltd - 717 8 - Gleported. QUOTATIONS ELSEWHERE. PRESS ASSOCIATION. AUCKLAND. January 12. This morning's sharomarket sales included:—Now Sylvia (ex rights), 4s 6d, 4s 3d, 4a; Waiotahi. sa; Old Hauraki, 4s 9d. 4s Bd, 4s 9rt; Komata Reefs, 6d; Taurua Broken Hilla. Is 3d; Talisman, 40s 9d, 41s; Old Albumin (paid), 2s; Reefs Consolidated, Ba; Auckland Gas, 302 a 6d; D.S.C., 3a; Milno and Choyco, 20a 9d. Afternoon call:—Old Albumia (paid), Is, Is Id; Saocon, Is 4d; Waiotahi, ss; Golden Pah, 4d; Old Hauraki, 4s Bd, 4s 7d; Now Waitekauri, lid; Talma. Broken Hills, Is 4d; Now Sylvia (ox righta), 4s; Waihi Grand Junction, 35s 6d; Talisman Consolidatod. 41s 9d; Now Zealand Insurance, 77a; Auckland Gas, 302 s 5iU Northern Steam (paid), 12s 3d; Milne and Choycc (pref.), 20a 7d. DUNEDIN, January 12. Stock Exchange sales:—Old Hauraki, 4s 6d, 4s 9d, 4s 9d, 4a Bd, 4s 7d; Talisman CpnBolidatod, 40s 6d; Waihi Grand Junction, 34a 9d; Talisman Consolidated (forward delivery), 425. Sales reported Tasmanian Copper, 6s; Wellington Gas (£6 15s paid), tf-J/lj National Insurance, 27s 6d; Trustees JQrccators, £2; Koputai, 265; Old! Hauraki, la 9d; Talisman. Consolidated, 40s 6tl. liOKIDON: FIKAKCLAL GABLES. ByTfebegxoph—Press Association—Copyright. LONDON, January 11. BANK SHARES, BaUk of Australasia shares are quoted at £109; National of New Zealand, £6 2s 6d. Other-aharea unchanged. UNION BANE OF AUSTRALIA. PXVXDEND AND "BONUS AMOUNT TO TEN PER CENT. CRflcedved January 12, 10 p.m.) LONDON, January 12. "■'The Union Bank of Australia has doglared a dividend of 10 per cent, and a ffcomia of 2 per cent.; £IO,OOO is added to 'tho colonial premises account, £20,000 to reserve* and £38.879 ia carried forward. ANTWERP WOOL SALES. PRICES SHOW STRONG ADVANCE. LONDON, January 12. > The Antwerp wool sales have opened, with an animated demand. There is a largo attendance of English buyers. Prices for merinos have advanced 5 centimes per lb. Crossbreds are meeting with a lively demand, at fully 15 centimes above November rates. There were 2648 bales’ offered, and 1564 sold. THE LONDON CATALOGUE. LONDON. January 11. In connection with tho forthcoming wool solos. 405,500 bales have arrived, of which 225,000 have been forwarded direct to tho manufacturers, leaving 180,000 available for auction. Dalgoty and Co„ Ltd., have received tho following cable message from their London house, under Monday's date: “Wool.—Tho list of arrivals is closed, and all your wools have arrived in time. Tho now arrivals amounted to 406.000 bales, of* which quantity 229,C00 bales were forwarded direct to manufacturers. at Home and abroad, leaving, with 3CCO bales old stocks, 130,000 bales available for tho January sales.” Tho Customs revenue received at Wellington yesterday totalled £2351.

AUCKLAND WOOL SALES. COMPETITION KEEN AND PRICES STRONG. AUCKLAND, January 12 The second of the Auckland .'•cries o! wool >:a!c;s was held to-day, when there was a Btrong hcn:)i of buyers present. i ho niarkci opened well, the tone being Urn), and m agreement with London ratao. ihrid!rv 0 ' v.’rr; brisk all through, and canpef.tio/i was J;co:i for choice parcebj. I m: ca.tacornpri.-a d 6578 bale.-:, theoutT’inwi 'u the various brokers and the order of ;;aio being as follow:Bales Hnckiaml and Sony ... 1283 Auekbuid Kannors’ Union 425 Dah-reiy a.isd Co 1160 G. U*. Eiijuey and Sons 5C3 N.Z.J/. ard M. Agency Co 2347 Most of the wool was well grown, and a very marked improvement in packing was noticeable, and was reflected in the more confident buying. The warm weather had brought the “yolk" well up. and consequently the woo) wa; heavier in greare than .at the November sale, so that prices I '‘G. on ();_• surface might eecm on a par • oh '.Vnvmber ra-*cs were really higher. "i cr:;,-; ' j-ru:C’3 v.'ere as follow: Filie Inilf-bredu 53d to 133 d Soper fine crossbreds 113 d to 12id Medio; i crossbred and Romney ICd to Hid Up'ive crossbred and Lincoln 3.1 d to IGd 1 nami log-stained ... 7>.d to 93d ii.an.ba, first 93d to 103 d ; second 6;Jd to sid Locke and pieces ... 5d to 73d NEW COAL COMPANY. V.'AIPA RAILWAY AND COLLIERIES, LIMITED. The Waipa Railway and Collieries, Limited, with a capital of £BO,OOO, was registered in Wellington yesterday and shares allotted. The company, abridged prospectus of which lately appeared in tliis paper, has been formed to work coal deposits at Te Akatea, in the Waikato district, Tho company promises in every way to have a successful future. Tho managing director is Mr W, M. Haunay, and the directors are Messrs T. S. Weston, C. .Stewart, 11. G. Williams, George Mclfuttie, and Dr. Prcndergast Knight. Thu secretary is Mr 11. D Vickery, of 41. Dallance street, YESTERDAY’S STOCK SALES. JOHNSONYILLE. .Abraham and Williams report;—Wo offered a good yarding of sheep and cattle, which sold at late rates. Best bullocks £3 5s to £0 7s 6d, lighter £B. good wethers 123 6d, ewes 10a 6d. plain ewes 9s to 9s 6(1, prime lambs 10s 3d to lIJ3 6d, medium 9s Cd. plain 9s, porkers 21s to 275. WAIKANAE. Dalgoty and Co. report:—A full entry of sheep sold readily at auction. There was a good yarding. A number of outside buyers were in attendance, with tho result that everything was sold. Fat wethers 12s 4d, breeding ewes (aged) to 5a 3d, forward and fat ewes 9s Id, cull 2-tooth ss, small store lambs 3s 9d to 4s 6d, cull cwcb 3s. fat cows £4 10s, bulls £3, forward beifers £2 18s, fat heifers £4 16s, forward cows £5 11s 6d. The New Zealand Loan and Mercantile Company report*.—At our first monthly sale at Waikanae wo had a good yarding of stock. There wag a large attendance of buyers, and prices showed an improvement on lato rates. Wo cleared everything. Shorn wother lambs 5s 6d to 69 9d, woolly wether lambs 7s 6d, shorn lambs (mixed sexes) 5a Id, forward eweg Bs, 2tooth wethers 9s 2d, light fat cows £3 17s 6d, cows and calvea up to 30s, 2-year-old steers £2 15s 6d. WANGANUI. Dalgoty and Co. report:—lßoo sheep and 100 cattle were yarded. We made a good clearance at full market ratea. Medium woolly lambs 7s, culls ditto 3s 4d to 4s lid, aged owes 8s 6d, cull ditto 2s 3d to 5s 3d, 2-year steers £3 13a 6d, fat and forward cows £3 3s to £3 16s, store cows £2l7s, cows and calvea £3 10s, springers £4. ADDINGTON. PRESS ASSOCIATION. CHRISTCHURCH. January 12. There was a small entry of store sheep at Addington to-day, made up of wothercs and lambs. There was fair demand, especially for wethers in good condition and rape lambs. • Four and 6-tooth wethers made 11s Id to 12s 6d, best rape lambs 9s 3d, lighter 6s 7d to 7s 3d. There was au entry of 5750 fat lambs, of which a. good proportion were not well finished. There was good competition for export, and a clearance was effected at prices about 6d per head in advance of last week. Heavy weights and tegs made 12s 9d to 14a, average freezers 10s 6d to 12s 6d, a few lighter lambs 9s 2d to 10s (tho latter priced lot being taken by a grazier). There was a fairly largo yarding of fat sheep, of which the bulk was wethers. Several export buyers were operating, and took a large number of medium weight wethers, prices ranging from 14s to' 14s 6d. All through the sale wethers were firm; for owes there was a good demand at last week’s prices, until butchers had filled their requirements, and then they became dull of sale. Prime wethers 14s 6d to 17s, lighter 13a 2d to 14s, prime ewes 11s 6d to 13s 6d, extra 15s 3d. others 8s 6d to 11s, merino wethers 9s 2d. Tho yarding of fat cattle totalled 296, including some very prime quality steers and heiferg. There was fair demand, but prices were a shade easier in consequence of tho largo yarding. Steers mad© £6 Us to £ll, heifers £5 12s 6d to £8 10s, cows £5 to £6 10s—equal to 20s to 21s 6d for prime, 18s 6d to 19s 6d for medium, and 17« to 18s for cow and inferior per 1001 b. There was a small yarding, of store cattle. For well-conditioned lots there was a good demand. Yearlings made 20s, 15 to 18-months 28s to 355, 2-year steers £3 2s 6d, 2-3 r car heifers £3 sa. 2J-year steers £4 17s 6d, 3-year heifers £3 180 to £4 ss, dry cows 30s to £3 12s 6d, dairy cows £3 to £S ICs. Tho yarding of pigs was a largo on©. Tho demand was not very keen. Choppers sold up to 48s, heavy baconers 45s to 465, lighter 34s to 42s (equal to 33d per lb), largo porkers 32s to 38s, lighter 25s to 30s (equal to 4id per lb), medium stores 16s to 225, weaners 6a to 10s 6d. TOP AND RECORD PRICES AT WOOL SALES. At tho Dunedin wool sale on December 16th, tho top price, 143 d. was realised by Mr T. L. Johnston, of IVaipaht. and Mr J. A. Pannctt, of Roxburgh, sold his wool at prices tip to 14£d, which constituted a record for tho Dominion for the whole clip. In both cases tho sheep had been dipped in Little’s Powder Dip. Mr J. E. Sirapkinaon. who also used Little's Powder Dip, obtained top price, 151(1. at Christchurch, on November 18th, and this is the present record for New Zealand. tho previous record having been held by Mr M. Bothell, who, using Little's Fluid and Powder Dips combined, has taken top price at ono of tho season's sales in Christchurch for five years in succession, including the sale of December 9th last, when bo got 143d.—APTT. WELLINGTON MARKETS PRODUCE. AND POULTRY. I,aery and Co., Ltd., Wellington, report wholesale* prices ruling on the market: Wheat, fowl 4=5 Cd to 4s ICd; feed oats, 2s 2d to 2s 6d, Dun oats 2s 4d to 2s 6d. seed outs 2s4d to Z< 8d; maize, 4s to 4s3d; crushed malt, 7s; fowl barley 2s 4d to 2s 6d, Capa

barley seed 2s 6d to 2s 9d; Hour, New Zealand JSII ss, Australian £l2; bran, £3 15s to £4; pearl barley 15s; peas, Prussian blub 5s 3d to 5s fid, split £l7 10s: bonedust, £5 15s: superphosphates, £5 to £5 ss; pollard, £4 15s to £5 10s; basic slas. £4 10s; chaff (oatensheaf). £3 6s to £3 15s; oatmeal. £ll to £ll 10s; potatoes, old tahlo £2 to £3; potatoes, new £5 to £7 ton; Vic tori an onions, 8s cwt; molasses fodder, £5; bacon (factory), sides 73d, hams Sid, rolls butter, prime bulk, Bd. Poultry—Hens, 3s to 3s fid; ducks, 5s to 5s fid; geese £s to 8s per pair: turkeys, gobblers 18s to 20a, hens 10. to 14s; fresh eggs. Is Id to la 2d dozen; cheese, 53d to fid lb, loaf 7d to7Jd; Akaroa machine-dressed cocksfoot, 73d to 8d per lb; farmers' dressed cocksfoot, 5d to fid per lb; ryegrass, 3s 9d to 4s fid per bushel; Italian ryegrass, 3s fid to •4s fid Bushel; white cloycr, 70s to 75s per cwt, red clover 75s per cwt; cow grass 75s per cwt; alsike, 82s fid cwt; mustard, 40s owt; rape seed. 26s owt; timothy. 325. fid owt; Swede and turnip seed. 50s to 60s cwt.