FINANCE AND TRADE

New Zealand Times, Volume XXXII, Issue 7076, 14 March 1910, Page 6

FINANCE AND TRADE

WELLINGTON STOCK EXCHANGE. SATURDAY'S QUOTATIONS. imrrNo. - Auckland- —Kuranui Caledonian—lo a.in., » noon, slh fcd. May Qaocn—lo a.tru, saJet* /tail (reported)', noon, h 4i4d. N.Z. Crown—aO -a.rn.. h 5s 6ci. New Sylvia—noon, b 4» 6(L Old HauraJd U. Mines—lo a.iu., .b 4s, h 4a 6d, sales 4a lid. 4a lOd, % 8d reported); noon, b 3a Kd, a 4a. saJet* 4a («*eported). Talisman Consolidated—lo a.m., b £2 12*. a £2 13a. sales £2 13a (reported); noon, h £2 12a 9d. a £2 13b 3d. sak*H £2l3s (5, ’UhangoJ. Waihi—lo. a.ju., b£9 15a 6d : noon, h £9 10-H 3d. Waih.i Grand .1 unction 10 aan., sales £i Ms 6d (reported): noon h £1 14i. s XI 14a 9tJ. WaJtanKi Consolidated N.f,.—10 n.m.. »2h Id. Wait Coast.—Bla.ckwa.t-cr Mines—noon, b .Cl F’b. Consolidated. Goldfields —10 a.iu., u XI -- J . h XL 3a, f:iak-,s. £1 2s Id, XI 2n 3d (reported, eiun.): noon, b XI Bb, a XI 3a. Now Alpine (paid.)—noon, s 2s. New liu; "River—lo a.in., sX2 se?. Boss Goldfields, i,t.d (para —lf) a.m., b 8s 3d, 3 9s, sales 8a hi, (rnrrortecL; noon, b 8s 6d, a 8s 9d, sales gs hi to 8a 9d (reported). Noto.—The letter "b" signifies buyers and "n" sellers. INVESTMENT STOCK. Buyers. Sollora. Bales. £ 8. d. £ 8. d. £ 8. d.

QUOTATIONS ELSEWHERE. PESS3 ASSOCIATION. AUfTKT.ANT). March 12. ■ Business at this morning's call included: —Sylria. 4a 8d to 4s 9d; Mount Welcome, ad; Hauraki, 4b 3d to 3a 10d; Komata Reefs, 6id: Talisman, 535: Waihi, 197 s 6d; Grand •T auction, 355, Haudsworth, 7d; Crown, 5s 7d to 5a 4d;. Old Albumin, Is sd; Consolidated Goldfields, 22a 9d; Taupiri Coal, 19e 6d; New Zealand Insurance, 77a 6d; Wilson's Cement (ordinary), 46a sd. GOLD DREDGING RETURNS. muss ASSOCIATION. EEETTON, March 12. Dredging returns: —Pactdua, 3307. 16dwt for 216 hams: Worksop, 250* 9dwt for 118 hours. DUNEDIN, March 12. Muddy Creek. 21oz 6dwt; Waikaka United No. 1. 2207 14dwt for 127 hours: Waikaka United No. 2.16 oz ISdwt for 132 hours; Rising Sun, 660 g 4dwt for 130 hours; Worksop, 250 z 9dwt for H 8 hours: Sandy Point, 31oz I7dwt tor 140 hours; Olrig, 13oz lOdwt for nine hours. FINANCIAL CABLEGRAMS. By Telegraph—Press Association—Copyright. CBeoedred March 13, 5 pan.) LONDON. March 12. BERLIN DISCOUNT RATE. The epen market rate of discount for three months’ bills In Berlin is 39-16 per cent., or 1-16 higher on the week. COMMERCIAL CABLEGRAMS. By Telegraph—Press Association—Copyright LONDON. March .12. WHEAT. A line of 13J500 quarters of Australian whetat, March shipment, haa been sold at 38a 7Jd per quarter, and throe cargoes-at 38s, 38s 3d, and 33s 9d respectively. HEMP QUmE. The hemp market is inaotiwv. and prices arc unchanged. New Zealand. March-May Shipment, £24 ISs per ton. (XXFEA. There is st aedare demand, mtd Booth Q2V.iu. bag2. is quoted at £24 5e pes ton. COOTON. Jet HbpecsotA, American mjadßog, 'Upland cotton ia quoted at 7.80tL SILVER Sac sHver is quoted at 25ti-16d per canoe standard, on advance of 5-16 d einoe Werfnreday. OTHER MET ATP. Yesterday's quotations, oampaml with Sboee of the previous day, wore: Copper,—On the spot, 20s lower at £6B 12s 6d per too ; three months. ISs 9d lower at £S9 16s 3d; electrolytic, 16s lower at £62 ss. American stocks of copper total 107,188,0 DD pounds. Tin.—On the spot. 22a 6:1 lower at £146 IQs per too.; three months, 12s 6d. lower at £343 ISs. Lead*—During the week imports totalled tons, including 3183 of Australian. Exports totalled 4934 tons. BABBTTSKINH. At tbs rabbftekin sales, ft is reported, d%UU bundles pure offered. There was xtcaog demtand for New Zealand best at vox advance of from 2d to 4d. Outgoing host racks were at a penny to twopence, And light rocks and kittens a halfpenny So a penny advance. Australian fair to. -rood showed « penny to twopence, and Imht ranks a halfpenny to a penny ad— THE WOOL SALES. By Telegiaplt-A«re®i Association—OopTrlgltt. IXJNDON, March 12. At the wool Bate yesterday merinos were firm, vrtth prices generally unchanged, though opoeßbreds showed a stronger tendency. American buyers were operating more freely. Now Zealand lots sold inoladed “Pukotoi." highest price 13d per lb, average 123 d; “Havelock,” 12d and 10Sd; ■XEmnloo.-" ISd-and Hid. am- CSV LEVS STOCK. ACCrrONEEES'- EEPOCEEB, Balgety and Q>. At the Upper Hiatt on Thursday we submitted a good yarding of both sheep and cattle. Prices wore on a par with late sales and young sheep were in good demand. Forward lambs. 7s sd; email lambs, 2S 3d; 3-tooth wethers 11s; mixed owes, 6s 2d to 9s; 1 and 6-tooth ewes, Us Gd; cull ewes, 2s Bd, Romney rams, 10s 6d to JH Is; springing heifers, £5 Iter; store -heifers. £2 to £2 12s; store cows, £2 12s Cd to £2 14s, forward cows, £3 7s 6d to £3 13s; weanors, £1 2s to £1 Ssg good dairy cows, £6 10b to £8 2s 6d; 18mouth to 2-year steers, £2 16s; bulls, £1 17s. At Taihapo on Wednesday, a very good yarding of sheep and cattle came to hand. A good demand existed throughout tho sale, and practically the whole yarding was quitted at prices satisfactory to vendors. Cull lambs 3s Id to 4s; small lambs, 4s 5d to sa; lambs, 6s, 6s 4d, 6s 9d; aged ewes, 3s 3d, ss, to 5s 6d; mixed . ago ewes, 6s, 6s 9d, 7s; sound mouth ewes, Ss, Ss sd, to 8s 6d; 1 and 5 year ewes 10s, 10s Id; 2-tooth ewes, small, to Us Od; 2-tooth wethers, 10s, 10s 9d; 2 and 4-tooth wethers. Us 6d, Us Bd, Us Ud; Romney rams aged, 1 to li guineas; 4 and 6-tooth Romney rams, 2, 2J, to 3i guineas; mixed weaners good, 355; mixed 15 month cattle £2 2s 6d; 15 month steers £2 18s; 18 month steers. £3 3s 6d; 2i year old steers £4 ss: 21 and

3 year steers, £i 16a; bulla, £2 10a; light fat heifers, £2 15a; 3i year steers, £a 7s tkl, £j 10s, X 3 15s.

At Palmerston North on Thursday, we offered a medium entry of stock. o<K.<l sorts of young ewes and also laznlje were in good demand. S-tooth ewers, 12s id to 13s -id; mixed ago owes to lOs 6d; Soutadowu rams 2 to 3 guineas; weaners (small), IBe to 21«; weaner steers to 2is; empty conv.s, £2 7s Cd, £2 ILLS, .£2 15s, to J 22 lbs 6d; forward cows. £■> to £d lbs; fat heifers -to S-> to .to He. Abraham atul Williams.

IVo had a very lic-avy yarding of sheep and cattle at Tailiape on Wednesday. There was a large attendance of buyers and orioc.s were quite equal to those ruling elsewhere. As at other centres poor awes wore hard to quit, while anything’ good met with ready sale. The entry of cattle included a number of good coloured cattle, for which there was a fair demand. A lino of Romney ewes on account of Air Tannin, realised 12b 6d, f.m. ewes 7s to Bs, cull ewes 3s to ss, 2 and 4-tooth wethers 12s, to l£s 3d, good mi red lambs Ts Gd, medium owe lambs 7s, 3-ycar steers £i 18s, fat cows £2 lus. Loan and MercanliJo Co. At Kimbolton on Tuesday we had a good yarding of sheep and a medium entry of cattle. A large number of buyers were present and a good safe resulted. Wether iambs 7a, cull lambs is sd, owe lambs 8s Gd, oull 3s Bd, aged ewes 7s 7d, 2-tooth owes Us 3d, 2-tooth wethers 10 lid, cows and calves M, 18 month heifers in calf £3 os, weaner shorthorn steers (good) £2, bulls 30s, dairy cows *OS 109 to X'6. At Bangikahia sale on Wednesday we had a fair varding of sheep and a small entry of cattle. We were successful in placing the balk of our entry- Mixed aged 6wes Ss to 8s lOd, mixed lambs ■ (small) ss, 2-tooth owes 11s Gd. A number of rams were sold at prices up to 2 guineas. Bullocks made £6 ss, cows and calves .£3 10s. At Feikling on Friday wo had a heavy yarding of sheep, which met .with a good sale, practically ail entries being sold under the hammer. Cull ewes 2s Id, cult Jambs 3s 3d, rape lambs 7s 9d, f.m. ewes 6s Gd to Bs Bd, fat ewes 9s Gd to 10s, 3 and 4-year ewes 12s 6d, wethers 10a lOd to 12s 3d. SHANNON STOCK SABS. Abraham and WHliainfl. Ltd., report as follows;—At Shannon on Friday wo had a medium yarding of sheep, cattle and pigs. The bulk of stock yarded waa Bold, at prices on. a par with recent quotations. Wo quote—Two-tooth wethers 12s Id, f.m. ewes 5a 4d, rape lambs 7s Id to 8a 3d, store lambs 59 Id, Southdown nuns 1 to ligns, Romney rams £l, springing cows £3 2s 6d, £4 2s 6d, £4 10s, wcancra 9a, 19s, 25s 6d, 25s 6d, to 29s 6d, empty cows £2 IDs, 33-mouths steers £2 18s, heifers in calf £2 17a 6d. FRUIT AND PRODUCE. During the past week the supplies of stone fruits showed a decided decrease in quantities* though, not a relative uurrea-so in prices. Apples (dessert and cooking), and also peaxa are coming forward more freely. A good demand exists for prune coloured desert apples, also for prime dessert pears. Grapes from Australia met with a poor demand. Potatoes free from disease and good sample are in urgent request. Onions rule very cheapo also ail vegetables, ■with the exception of green peas. due following prices will indicate the state of our market:—Potatoes : 5s to 6s 3d owt, onions 4s to 4a 6d owt, swedes 2s 6d cm, turnips 3a sack, . carrots 3s to 6a sack, parsnips 4s 6d to 6s sack, beetroot 4s 6d sack, cabbage Is 6d to 6s sock, cauliflower 6s to 9s sack, peas 7a to 13a sack, marrows Is 6d.to 29 6d sack, tomatoes Is 3d to Zs case, French beans Is to 2a 6d sack, broad beans 2s to 3s 6d sack, lettuce Is to 39 cafio, cucumbers 3a to 5a 6d case, apples (cooking) 3e 6d to 4s 9d, apples (dessert) 5a to, Bs, plums (cooking) 2a 6d to 3s, pears (cooking) 4g to ss, pears (dessert) 8a to Ite, grapes 7d to 8d i>er lb, blackberries 13d to* 2d per lb, poaches (cooking) 2s to 3s, poaches (dessert) 3e to 3s 9d. oranges (Californian) 7s to IDs. oranges (Island) 6s to 7s 6d, bananas 7s 3d to 9a fid par caeo, bananas 3s 6d to 5s bunch, lemons (Messina) 11s 6d (150), pince 7s 9d to lCe eggs Is 6d to Is 8d (good demand), chaff £3 15s to £4 15a. bran 9» per sack, wheat 4s 8d per bushel, ducks Ss to 6s per pair, hens 4s per pair, peanuts (Japanese) 20s 6d per sackPAIAD2ESTON MARKETS. *■' ry Palmer reports a moderate ■ en- *. of pigs, confined principally to ’ -.-. ors, BUps and stores. Very few porkers offering. He had a yery big entry of poultry, of splendid all-round quality, and prices showed a distinct improvement. There is a scarcity of vegetables, such as cabbage, carrots and. parsnips. Potatoes are firm in price, and there is a good demand fox sound samples. Onions are now more plentiful, and prices are easier. There was an exceptionally heavy week with fruit, over 2000 cases -of Hawke's Bay and coiomal fruit being handled. Prices lar© on a pax with previous quotations. Pears and peaches are slightly easier. Tomatoes show a slight improvement. Quotations: Weaners, 3s Gd, 4s Gd, ss, 5s Gd, Gs; slips, 6s 6d, 7s, 7s Gd; stores, Bs, 9s, . 10s; porkers, 17e, 18s, ISs Gd. Poultry—Turkey gobblers, 9s Gd to 10s 8d; ducks, 3s to 5s 6d, averaging 4s 6d; cockerels, prime, 4s to 5s 6d, average 4s Gd; halfgrown and chicks. Is to 4s; pair pullets, Ss 9d to ss; hens, 2s 3d to 4s, average Sa 6d. Fruit—Pears, 2s 6d, 3e 6d, 4s 6d, 6q Gd; peaches, 2s. 2s Gd, 3s, 4s; plums, 3a to Ss Gd; tomatoes, Is, Is Gd, 2s, 2s Gd; cucumbers, Is; apples, Ife, 2s 6d, 3s, Sb Gd, 4a 6d; cooking and dessert quinees, id to Id per lb; onions, 7s to 8s per owt; pumpkins, Is to Is 6d each; per sack, 4s; marrows, 2e 6d; pig potatoes, 2a Gd; prime table potatoes, 10b to 11s' per sack; inferior, touched with blight, 4s to 7s; wheat, ISe; pollard, 9s Gd; barley, 9g, 10e; chaff, 2s Gd. to 3s Gd. Bacon, rolled and sides, Gd. Clearing sales were well attended, and prices were good.

Financial-. WeJ'n TraetLoan, 7 5 0* Ltd _ ... — — GAS— Feiiding* ... — 1 2 3 — Napier, £5 ... ... 12 2 6 >Velltn(rt‘n.iilO ...17 15 ■WoUinfft’n ... ... 13 10 0 0 — — 1HAT PKESBETTSO— Goar Moat Co, Ltd. £1 ... ... 2 13 0 — Wellington Meat Export, £2 12s 6d — 2 15 6 — Shipping— N.Z. Shipping Co. 7 15 0 — — Coal— Tanpiri — 0 19 3 — 1 Westport — 6 2 6 — MISCELLANEOUS— Leyland O'Brien Timber X 4 0 1 5 0 — N.Z. Drug Co„ Ltd, £2 2 7 6 N.Z. Paper Mills 1 2 6 Sharland and Oo., Ltd, preference 1 2 0 — Taranaki Petroleum, £1 paid ... 0 8 0 0 9 0 — •Beportcd.