FINANCE AND TRADE

New Zealand Times, Volume XXXII, Issue 7077, 15 March 1910, Page 6

FINANCE AND TRADE

.WELLINGTON STOCK EXCHANGE. YESTERDAY'S QUOTATIONS. MINING. Auckland—Kuranui Caledonian—noon, 8 la Id; 3.15. ala 7d. H,ay Queon— noon, b4s Id, B 4s 4d: 3.15, s 4a 3d. N.Z. Crown —noon, b sh. -Now Sylvia—lo a.m., b4a 6d: noon, b 4s 7d, 3 4s 9d; 3.15, b 4s 6d, s 4a 9d. Old Hauraki G. Minos—noon, h 3a lOd, s 4a. sales Za 9d. 3s 9Jd (reported); 3.15, b 3a 6d. s3a lOd, sales 3a lid (reported). Saxon—lo a.m., b la 6d; noon, b la 7d, B Is 9d; 3.15, b la 6d. Talisman Consolidated—lo a-m., b £2 lis, a £2 13a 9d, sales £2 13a (reported), .£2 13» ('Change); noon, b £2 12s Od. a£2 13a 3d. sales £2 12a 9d (reported): 3.15. b £2 12s 9il. a £2 13a 3d. sales £2 12.1 9d (reported). Wain i—lf) a.m.. s £9 17a; noon, s£9 17s; 3.15. a £0 16a 6d. , Waihi Grand Junction—noon, b £1 14s, s £1 14a 6d; 3.15, b £1 14a, a £1 143 6d. Waitangi Consolidated N.L. — 10 a.m., a 23. 3d; noon, a 28 2d. v/oat Coat*.—Black-water Miracs—noon, b £1 8a Od; 3.15. b£l 8a 6d. Consolidated GoJdnelcU—lo a.m., b£l 2s; noon, b£l 2s, 0 .£1 3a; 3.15. b £1 2a 6d, a £1 2a 9d, sales £1 2s Ml I'Chango). New Bis R,:ver—lo a-m., f> .62 si; noon, a£2 3a: 3.15, g£2 3s. Prc-gr:-.=H— noon, b 153, s 16s; 3.15, b 15a. Bobs Goldfiolda. Ltd. (paid)—lo ajn.. bßa 3d, sßb 9d; noon, b 8a 3d, a 9a 3d; 3.15, b Bs, a 8s 6d. Note—Tho lotter "b" signifies buyers and "a" sellers. INVESTMENT STOCK.

QUOTATIONS ELSEWHEEE. FKISS ASSOCIATION. \ AUCKLAND. March 14. Business was done in tho eharemarket today as follows:—Waitangi Consolidated, 2s, 2s Id; Monnt Welcome. 6£d; Old Hauraki, 3s ICU. 49, 3s lid; Kapanga, 3s lid; Waihi, 1975; Grand Junction, 355, 34s 6d; Crown, 5s 4d, 5s 2d, 5b Id; Occidental (contrib.), 4d; Talisman, 533 3d; New Zealand Insurance, 77a 6d. , Afternoon call:—New Sylvia, 4s 3d, 4s 7d; Occidental (contrib.). 4d ; Waiotahi, 4s 4dConsolidate Goldflelds. 22a 9d. 235; Mount Welcome. 6d; Old Hauralri. 3s lid, 4s, 3s Hd, 3a IDd; Koyal Oak (contrib.). Is 2d: Tairoa Monarch. 3Jd; Talisman Consolidated, 535; Waihl Grand Junction, 34s 3d, 345; Taxanaid Oil, 8s 6d; Blaclrwater Mines, 29a; Scandinavian, 2d; Tauplrl Coal, 19s 6d; Northern Steamship (paid), 14s. DXTNEDnSr, March 14. Stock. Exchange sale3: —New Zealand j Orown, 5a sd; Old Hanralri, 3a 9d. ] LONDON STOCK: EXCHANGE. By Telegraph—Erees Association—Copyright. LONDON. March 13. Share quotations;—Waihl Gold: Buyers, £9 15sj sellers, £9 17b ml. Junctions: buyers, 33a 9d; sellers, 35b. The "Economist" states that the midMarch settlement on the Stock Exchange was the largest on record. One firm in fihodesians made 1600 transactions In one day. THE WOOL SAXES. By Telegraph—Press Association—Copyright. LONDON, March 13, At the wool auctions yesterday there was a good Bale. There was a better selection of arossbreds suitable for America, which realised high prices. Merinos were very tt-rm The antouDt catalogued to date is 49.987' bales; the amount sold was -46,387 bales. SOKE PRICKS OBTAINED. rw connection with the present series of sales being held in London, Dalgety and Company, Limited, report the following sales:— 13 bales "PatagTove" own- GS, on account of G. Searte. Ashhnrst, Hid. 8 bales 111 over B and 0. on account of 3Da±Ue and Orook, Masterton, lid. 10 bates PM over To Whiti, on account of ■ Pii» and MoKensie, Kasiertan. lid. 22 bales M I, on account of L. B. Woodruffe. Wanganui. 103 d. 12 bales U, on account of I*. G. Bfcslcejey, Wangauni, IOJd. ' 7 bales AA over E, on account of A. Anderson, Masterton, IOJd. 26 bales LX over Shannon, cox account of "BE. H. Brightwell, Shannon, lOd. 6 bales W. O, on account of H.W. GUiTer, Palmerston North, lOd. 43 bales JJB over P, on account of J. J. ■ Bryoe, Palmerston North, lOd. 21 bales KJD over Kopjes, on account of K. J. Bidsbury, Palmerston North, lOd. 10 bales "Lethamj" on account of A.-Alli-son. Wanganui. 95<L 5 bales WE over P, on account of W. Boach, Pahnergton North, 9Jd. 7 bales J 7, on account of Parr Bros, and McDonald. Waneauui, 9jd- ? bales E.B 0, on account of B. B—Ooffey, TSaoaeanui. 9JdID bales TO arar MS, on account of Boaoh, and MoNle, Balmerstotn North, 9d. The New Zealand Loan and Mercantile Agency Ox, Ltd., was Advised from London on Saturday as follows:—"Wool sales are proceeding. As compared with last salon* dosing rates prices are lower about .5 per cent, for medium and coarse greasy . arossbreds. The demand on American ac- , orrairt is MHtefcsted/" -IXMDOX COMMTSKnTAT; CABLES. ! PBOZEN Yl W.K HP ■ST Telegraph—Press Assoolatkm—Copyright., LONDON, March 13. TheProieiiMeafr'Srade Association's Snrithfteld Market erootatioua for the undermentioned classes of frozen meat are based on actual sales of not less than one hundred carcases of mutton or lamb ox twenty-five gpjartors of boesfl fair average duality. The Quotations are not for selected lines, Vat tor parcels fairly representative of the bulk of the shipments now on too market. The prices which follow are cm an average a farthing per lb more than the values ex ship, this difference representing an average cost in expenses, handling, conveyance, and selling, tite meat:— Mar. s..Jlar. 12. j

BABBITS. The market i» vary flat, large Sydneys, 1 ax store, axe qnotcd at 15a to 153 6d per [

crato. There arc plenty offering at 128 6d to 13a for delivery early in April. SLUMP IN COPPEE PEMC9S. Tbo immense production of copper in America, is alfecting pricca, though the consumption ia excellent. Tlio Tendon office of tbo New Zealand Loan and Mercantile Agency Co., Ltd., advice on Friday: "Frozen meat.—The market for mutton ia generally octter; lamb onchanged. Tlie market snowa increased InuiHS for beef." j LONDON MARKET REPORTS. HIGH COMJUSSIONEB'S CABLE MESSAGE. Tho Commerce Division of the Department of Agriculture baa received the following cablegram from the High Commissioner, London, dated March 12th: The mutton market ia firm. Thsro is a good demand for prime Quality, but holdera are not anxious to sell. The average price of Canterbury mutton ia 4Jd per lb, North Island 4d. The lamb market is very firm. There ia a good demand for all lamb for Eaater, and Buppliea will be moderate. Canterbury lamb ia averaging bjd per lb, and other Now Zealand si<L The beef market ia quiet, but holders are firm, and demand ia fair. New Zealand hindquarters 3Jd per lb, forequarters 3id. The butter market ia very arm The demand has been exceptional, and exceeds tbo aupply. Tho stock of New Zealand butter on hand ia almost exhausted, and is firmly held in second hands. Tho average price of choicest New Zealand butter is 130 s per cwt, Australian and Argentine 1265, Danish 1355, Siberian 1255. The cheese market ia firm, and prices have advanced, but buyers are cautions. Finest New Zealand white cheese is averaging 61s, coloured 59s 6d. The hemp market is lifeles3, with no change in prices. Tho stock of New Zealand hemp on hand is 198 tons. Tho week s output of hemp at Manila was 19.000 bales. (Last week's quotations , were; Spotr-New Zealand good fair £25, fair £24, Manila fair current £25. Forward—Good fair £24 15s. fair £23 15a, Manila £24). . The cockafoot seed market ia quiet, but firm. Stocks on hand are moderate. New Zealand bright clean 171 b seed 72s per cwt. , ..., , The kauri gum market is firm, with improved demand. Ordinary to fair threequarter scraped £8 10s per cwt, fair halfecraped £5 ss. bush fair to good pale and amber scraped £8 10s, brown half to. threequarter scraped 92a 6d, brown pickings (common to good) 455. The wheat market is quiet, ana prices are slightly weaker. . The oata market is quiet. A small Business ia doing, and the tendency is in favour of buyers. New Zealand sparrowbiUs ex granary 19s per quarter of 3841 b, N.Z. Danish 17s 3d per quarter of 3201 b. The pea market is steady, without* animation. New Zealand partridge sos per 5041 b. The bean market is firm, owing to reduced supplies. (New Zealand beans, old crop. 40a 6d per 5041 b. The hop market remains firm. There is a general and active demand, and prospecte are favourable. Arrivals of Biver Plate mutton and lamb at United Kingdom porta during February were laa folloWß :

(Arrivals during Fefcrnary, 19TO. were: Mutton 311,561 .carcases, lamb 90,233 carcases). WELLINGTON MATIKETS. Laery and Co., Ltd-, Wellington, report wholesale prices ruling on the market: Wheat, fowl 4s Id to 4s 3d; feed oats', 2s Id to 2s 7d. Iran oats 2s 5d to 2s 7d. seed oats & 6d to 2s 3d; Algerian oats, 2a 4d to 2» 6d; maize, 3s lOd to 4s; crushed malt, 7a; fowl barley, 2s 9d; Capo barley seed. 3s: flour, New Zealand £lO 15s to Sri ss, Australian, £ll 10s. to £l2; peas Prussian blue 5s 6d. split £l7 10s; bonedust. £5 15s; superphosphates, £5 to £5 ss; pollard. £5 5s to £5 15s; bran, £4 to £4 10s: pearl barley. 15s : basic slag, £4 10s; chaff (oatensheaf), £4 to £4 10s; oatmeal, £ll to £ll ffia; potatoes, table £3 to £6 ton; onions, 3a to 4s 6d cwt; molasses fodder, £5; bacon (factory), sides 63d, hamßßd. rolls 71d: butter, prime bulk, 9d. Poultry, hens &; ducks. 3s 6d to 4a 6d per parr; turkeys, gobblers 18s to 20s, bens Ids to 14s: fresh eggs. Is 3d to Is 4d; preserved eggs, la 2d dozen: cheese, 5Jd per lb, loaf 6Jd; Akaroa machine-dressed cocksfoot, 6d to /a per lb ■ farmers' dressed cocksfoot, 4dto 5d pot lb; ryegrass, 3s 6d. to 4a 6d per bushel; Italian ryegrass, 3b 6d to 4s 6d per bushel; white clover, 70s to 75s per cwt. "WELLINGTON CUSTOMS. The Customs revenue recetred at ■Wellington yesterday totalled £5156.

Buyers, Sellers. Salea. £ a. d. £ e. d. £ a. d. BAJTKS— National of M'.Z.. Ltd... — 6 5 0 — FllfAirciAIi-. National Hbrt'gc, Ltd.... _. ... 3 0 0 — Wel'n Trast Loan, Ltd... ._ ... — — 3 0 9* 7 3 0* CIAS— Poilding — — 12 0* MJUT PSEMBVING— Gear Meat Oo, Ltd. £1 ... _. ... 2 13 0 — Wellington Meat Export, £212s 5d — 2 16 0 ; CO AirTaopiri — 0 19 3 Westport 6 13 — 6 2~0* MlSCHIiIiAJTEOt/S— LoyLand O'Brion Timber — — Sharland and Co., Ltd. preference 12 0 — Ward and Co, Ltd. — 5 0 0 •Beported. 14 6*

d. d. ilntotn— Canterbury, light ______ Canterbury, medium — .— Canterbury, heavy , Southland • North Is, best North Is., ordinary .- 313-16 3i Australian, light ..._. . 31 3i Australian, heavy ..__„. 3 5-16 37-16 Eiver Plate, light ___. 3 9-16 311-16 Btver Plate, heavy, ___.. Lamb— Canterbury, medium . ,,,' ,. &4 64 Canterbury, heavy . 51 5i North Island 41 45 Do. beat . Australian, best ..—_-.-_. ATTat.ralin.ri. fair ■ 43 41 4* Eiver Plato :_. H BeefNew Zealand fores . 38 3 3-16 45 3 1-16 3J 3 1-16 35 34 3J 3i Eiver Plate hinds ._ 3} 3 9-16

3,482 175.C93 1,043 8,871 1.152 8,438 987 Southampton _ S.M3 3,686 44 3,437 Total ....... 239,931 ■ CJfaMj