FINANCE AND TRADE

New Zealand Times, Volume XXXII, Issue 7029, 18 January 1910, Page 4

FINANCE AND TRADE

'WT3LLINOTOX STOCK EXCHANGE. YESTBKDAVK QUOTATIONS, MINING. Auckland. 'Dominion (Karangahakc)— noon, h 3d:' 3-15. * 3d. Kuranui—■noon, S lid- 316, 3 IUI. Kuranui Caledonian—--10 a.m., b la Id: 3.15. b la. N.Z, Crownnoon, 6a Id. New Sylvia—lo a.m.. g 3s 1M: Old Hanraki (1. Mines—lo a.m„ 1) Aa «, 8 4s 5:1; noon, a 4s 2d; 3.13. b 3a 9d. 6 3a lid Knyal Ook (contrib.)—3.ls. sales la Id <rcliortodj. Saxon —noon, b la 3d, a la od. Tairua Broken Hills—lo a.m.. b Is 3d; nr,in h 3d. Talisman Consolidated—--10 -"in, b £2 ss; noon, h £2 6s 6d. 8 £2 7* fd- 3.15. b y.l 5s 3d, » £2 5h 9U. ‘Waihi 10 :i m b £9 15a 6d; 3.15. b X 9 1m 6d. wad.; Kxiemlctl—lo a.m., a 3s Ms noon. 8 3s 6d. Waihi Grand Junction—lo a.m., h XI 15s, F, £1 13* 3d: noon, b £1 15a. a £1 15s 6(1; 3.15, b £1 15s, s £1 15s 6d. Waitansi .ConwlUtatcid N.L.— noon, b 2a. sd, » 2a 7rl; 3.15. b 2s sd, s 2s 7:1. ATesb Coast. Consolidated Goldfields 10 a.m., b 19a, 9 19s 6d; noon, b 19s 6d. s 19s 9d - 3,15, b 19s 4d. 3 19s Cd. NewAlinuo (paid)—noon, a 2s: 5.15, s 2s. noon, b 15s. lloas Goldfields, l.td. L-- . 10 a.m.. b 9s, a 9a 6d. gales 9s 3d (reported): noon, s 9.9 6d; 3.15, s 9s, Xote —The totter "b" signifies buyers \nd "a” sollora. INVESTMENT STOCK. Buyer#. Sellers. Bale#. £ s. d, £ ■> d. £ a. dBANKS— Nat'nlof N.Z., Ltd, cum ri'ts, ex div 5 18 0 FINANCIAL— EnuitablG Building Oo„ Ltd. (cum) National Mortg'e, , „ „ Ltd - 3 0 0 N.Z. Loan and Mercantile ... 0 3 0 N.Z. and B. Plate 9 ic n. Land, Ltd- (ex) —' WelTi Trust Loan. , „ Ltd 7 4 0 7 5 0 - Oi.3— _ _ ■Wellington. £ll 9 Wollingt’n, £6lsa Wellington, new , issue (prem) ... 2 7 6 INSCEANOE— _ Rational of N.Z 17 6 donth British of N.Z 2 M 0 - ~ Standard of N.Z. 1 a a SHIPPING— N.Z. Shipping Co 7 10 0 HANDFACTDEINtt Wel’n Wool’n, ord CO Air— : llikurangi ... ... 1 0 0 WeßtportrStockt'n, , ' ■ : Ltd. -073 MISCELLANEOUS—fjeyIand O'Bneu ' _ . Timber 13 0 ■ Manning and Co.. Ltd 3 19 6 BharlandnndCo.. ' . n _ Ltd., ordinary... 1 x u Bharland and Co.. . Ltd, preference 10 6 * Wcl'n Opera Houae ' . _ Co.. Ltd. - 7 17 b •Reported. QUOTATIONS ELSEWHERE. PBK3B ASSOCIATION. AUCKLAND, January 17. Businees at this alLernoon's call of the Stock Exchange melodcd 4 . 4] come, 6d; Old Hauraki, 4s 6d. 4s sd. 43 40. 4h 3d, 4b 2d; Crown, 6s Id; Tidisman, 46b fid 47s* Consolidated Goldfields, 17 s 6d; old Alburnia (paid). 1b 10d; Golden Pah. 'S%d* Waihi Extended, ' 3s 4d; May Queen, 4a; New Sylvia, 3s 10d; Bank of New Zealand, 190 a. Afternoon call:—Old Alharnia (paid), la lOd; Point Bussell, 7d; Saxon, la 4d, le sd: Walotahi. 4s IQd; Bosa Goldfields, 9e; Mount Welcome. 6d: Old'Hanraki, 4s Id, "4a 2d, 4a Id, 4s, 49 Id; Now Zealand Crown, 6e Zd; Talisman Consolidated, 46a 3d. 46a, 459 9d, 465: Waihi Grand Junction, 35s 9d. 35a 6d; Victoria,. Is 2d; New Sylvia,-3s lOd; South British Insurance. 559; May Queen, 4a Id. DUNEDIN, January 17. . Stock Exchange sales:—Muddy Terrace, 259; Golden Bed. 213; Consolidated Goldfields. 19s 6d; Old Hanraki. 4s Id, 4a Id, 4a Id; Waihi Grand Junction. 355. Sales, reported; —Trustees' Executors, 60s; National Insurance, 27a 6d; Old Hanraki, 4a id, 4a sd; Waihi Extended. 3a 6d. LONDON MARKET REPORTS. HIGH COMMISSIONER'S CABLE MESSAGE. Tho Commerce and Tourists Division ia In receipt of the following cablegram from tho High Commissioner, dated London. January 15th. 1910: Tho "mutton market is quiet, hnt steady. There ia a fair local demand, and holders aro firm. Tho stock of New Zealand mutton on band ia moderate. Canterbury mutton averages 4Jd per ih, North Island 3Jd, Australian (in large supply) 3;d, Haver Plato 3id. , Tho lamb market 13 quiet. Australian lamb is in large supply. Tho average price of old season's New Zealand lamb : lot her thou Canterbury) is 33d per lb. Canterbury new season's averages 4d per lb. There is a better demand for beef, hut no change in prices (last quotations—New Zealand: hinds 3Jd per lb. fores 23d). Tho butter market ia firm, with a good demand. Tho average prioo of choicest New Zealand butter ia 112 a per cwt. Tho checeae market is firm. There Is a general and active demand. Finest New Zealand white cheese averages 57s per cwt.. ■ and coloured 565. The hemp market ia dull. Buyers are cautious. Prices aro as follow: Now Zealand good fair on spot £27 103 per ton, lair £26 15a, Manila fair current £26 10s. Jannary-March shipment—Good fair ; £27, fair £26. Manila £25 10s. The output of Manila for tho week was 22.000 bales. Tile cocksfoot seed market ia quiet, but holders aro firm at last quotations (New ; : Zealand 171 b seed 755). ; The wheat market is firm (last quotations —Now Zealand shortberry; 395. longberry S9s 6d). , The oat market is 'firm, but tho supply meets the demand. Tho price of Now Zea- : land short oata (sparrowbills) on spot ex granary is 19s 3d per 3341 b, New Zealand Danish oata IBs per 3201 h. The bean market remains firm at 40s 6d tor Now Zealand f.a.q. old crop. The pea market is firm, but business is dull on account of high prices. New Zealand Partridge peas are quoted at 66s per 6011 b. ' i : .Thei wool market is firm, with more Inquiry. The market is affected by geni oral improvement in trade, and is advancing owing to tho strong demand. Hops remain firm. There is a general and active demand. LONDON COMMERCIAL CABLES. By Telegraph—Press Association—Copyright., LONDON, January 16. , BEEADSTHFFS POE EUROPE. |; The quantity of wheat afloat forthe’ r United Kingdom and Europe amounted to: To-day. Week ago. Y’r ago. Qra. Qrs. Qrs. For U.K. ... 2,675,000 2,515.000 1,935,000 For Ehropo ... 775,000 870,0C0 770.000 . •, 3.450.C00 . 3,385,000 2,705,000' 1 Shipments from American Atlantic ports ‘amount to £183,000 quarters, compared with i 135,000 quarters last week and 295,000 quar-

tors a year ago. There were no Pacific Coast cargoes put afloat, compared with 43.000 quarters last week and 17,030 quarters a year ago.

Tho total quantity of wheat and flour whipped to Europe from all exporting countries during the week ended January 15th was equivalent to 1.010.CC0 quarters of wheat, compared with 1.225.CC0 quarter* in th.j previous week and &53.CC0 a year ago. Tho total included 10.000 quarters from Argcnt'rii* ami Uruguay, wliich in the previous week Heat 3CC3 quarters; the amount shipped a year ago was 143.000 quarters. MANUFACTURED IRON. Galvanised iron, best, £l3* 15s per ton; second brand, £l3a 10h; tram rails, £slos. RABBITS. Frozen rabbits are quiet, and prices remain unchanged. Largo Sydney are quoted at 16s per crate ex store, and ‘Victorian 15s. HIDES. Hides are neglected, with nominal prices. Quotations —Queensland heavy ox. 71d per II); light, 7rjd; Sydney heavy ox, 7 l-16d; light, 6£d; cow, 6£d. No business in leather and basils. FROZEN MEAT PRICES. At tho Smithfield market the following were* yesterday’s quotations of tho Frozen Meat Vnode Association, and were repreHCMitativo of the bulk shipment on the market. The variations of the week are also given; New Zealand Shscp (crossbred wethers and maiden ewes). Canterbury light <4B-56ib), 4sd per lb (unchanged!. Do. medium (56-641 b), 4ijd per lb (unchanged). Do. heavy (64-721 b). 32d per lb (unchanged). Southland 54-£4lb), 4d per lb (unchanged). North Island (55*651b), 3|d per lb (unchanged). Do., best brands, 3gd per lb (unchanged). Australian Sheep or merino wethers). Heavy (50-701 b). 3Jd per lb (unchanged). Light (40-50 lb), 3 5-16 d per lb (unchanged). Rivor Plato Sheep '(crossbred or merino wethers). Heavy (50-701 b). 3id per lb (Jd higher). Light (40-501 b), 3id per lb (unchanged). New Zealand Lamb. Canterbury light (28-361 b), 4|d per lb (unchanged). Do. medium (36-421 b), 4Jd per lb (Jd higher). Do. heavy (42-501 b), 33d per lb (unchanged). Southland (2S-421b), 4d per lb (unchanged). North Island (23-421 U), 3£d pcr lb (unchanged). Do., selcctcTl, ,33« l lb (unchanged). Australian Lamb. Best brands (28-421 b), per lb (unchanged). Fair quality (28-421 b), 3gd per lb (unchanged). Inferior quality, 3id per lb (unchanged). River Plate lambs (2S-421b), 33d per lb (unchanged). New Zealand Frozen Beef. Ox fores (160-2COlb). 2£d per lb (none olfering last week). Ox hinds (160-2201 b), 3d per lb (none offering last week). Australian Frozen Beef. Ox fores (160-2X)Ib), 2J per lb (unchanged). Ox hinds (160-2001 b), 2idporlb (unchanged). River Plate Frozen Beef. Ox fores (160-2201 b). 2Sd per lb (M6d lower). Ox hinds (160-2201 b), 3d per lb (l-16d lower). ‘: DECLINE IN COTTON. ' NEW YORK, January 16. Cotton has slumped six dollars (255) a bale since Friday, making a fall of fourteen dollars (58s 4d) from the season’s highest price. UNION BANK OF AUSTRALIA. LONDON, January 16. The report of tho Union Bank of Australia shows deposits amounting to £19,879,000, cash investments and balance of remittance £10,230,C0C\ bills and other securities £13,872,000. ROBERT CAMPBELL AND SONS. LONDON, January- 16. Robert Campbell and Sons, Australian merchants, made a profit during the year of £65,900. A bonus of 5s per share is declared, and tho sum of £43,911 is carried forward. [lt was reported last week that the company was paying a dividend of 10 per cent.] ' SALES OF LIVE STOCK. Dalgety and Co. report:—We held our first sale for tho New Year at Wanganui on the 12th instant, when 1800 sheep and 100 cattle came forward. The sheep consisted mostly of lambs. We mad© a good clearance at full rates. At Waverloy on tno 14th instant wo had a small yarding, and sold tho bulk .of the entry. Quotations:—Wanganui—Medium woolly lambs 7s, cull lambs 3s 4U to 4s lid, aged ewes 8s 6d, cull • ewes 2s 3d to 5s 3d, 2-year steers £3 13s 6d, fat and forward cows £5, £3 2s 6d, £3 7s 6d to £3 16s, store cows £2 17s, cows and calves £3 10s, springers £4. Waverley—Good woolly Lincoln lambs 8s lOd, small woolly lambs 5s 7d, cull lambs 3s Id, 2-tooth wethers 9s 9d, small 2-tooth Lincoln rams 10s Id, fat and forward cows £3 3s to £4 3s. store cows £1 12s. 2-year bulla £2 2s to £2 10s, weaner pigs 7s.

Dalgety and Co., Limited, report:— At our Fellding sale on Friday a small yarding of sheep and a good entry of cattle came forward. Sheep were in rather better demand than at tho previous week’s sale, and cattle again met with good competition. Wo made a total clearance. Small 2-tooths 10s 6d, mixed 2-tooUi* ewes 10s 6d, mixed shorn lambs ss, 15 months heifers £2 12s. heifers in calf £4, empty heifers £2 4s, forward cows £3 2s 6d, dairy cow's £4, £4 15s, £5 7s 6d, store cows £2los, 2i-year steers £4 5». bulls £2 10s, £3 17s to £5 Is, fat bullocks £7 Bs. The Customs revenue received at Wellington yesterday totalled £ll9B.