FINANCE AND TRADE

New Zealand Times, Volume XXXII, Issue 7110, 23 April 1910, Page 4

FINANCE AND TRADE

Tho Bank of KnslanU return for Du; pa.«t wnok shows a dec id cl improvement. Th-.-rc U;u-j boon a further Mh-cIl on tho I'c/urvu.-i. tail the advance.* and deposit LaJjiliD'.i ;u\. both lower. tlio former by over £*..CGO.OjO and the hitlor by over JD.C with the result that the proportion of retiervo to liubiliti -s Imih jcont* up to -X.63 per cunt., or over (,\ per cent, on the week, tuul is n»'a.rly 1 per a Dove- Die proportion twelve mouth-* ;n:o. 'liie hank rat-j U uuebunh'ed, hut open market cli run unt-5 an» Us Oil dearer at. L 3 17s Cd. •‘Call’ 7 money remain,-; at Diet week’s price—X3 I'A;. «.w is ialon it!.: to oot/.! Dial, a- year ;uto tho quota Doo for three month paper \v:is and for rhorl loaius 17s fid. On tho London Stock Die Con* s:»U have dropped 22s id. lo Lol—possibly a rcdlec.tiou of Dm renewed unsutUim: of piliDcal -iDiuhion l;.v Die raintrodnethm of Dio Budget. J i nia iiyare wa., recorded in the bust week of March and Mm first, few days of the piv.>cal moriDi, and L. as was pointed <nit in this column at the time, within u* of Die lowest recorded for over half a century: that \va,-> Vouched in \%t, and tho pr>sent (inotatioa is more tiian w f.'jT cent. )»e!v.v Di-e lowo.-t point rcaci’ed in 1933. and B per cent, below Dio lowc-L iu 19C9. Tlicrt? has been ftliqhfc upward movement in Dm r-riecs of AuslrtiS a n lioveriun.cnt recuriiies. New Zealand A'a and 3i’a are unchanged at XIC6 I'Js and £9/ 12s 6d; o'/ have advanced 7s Od to X(i7 iO3. The grain markets are dull. New Zealand wheat afloat cannot bo placed at 39s 6d. New Zealand oats are quoted mi the spot at 183 6d to 21s Cd, and l.a Plata future:; at 14s 3d. Tho butter market is skimping badly. Danish declining &.* on Die week, mid New Zealand is quoted at 112 s to U4s» a drop of Its in swuo c:u»cs. LONDON FINANCIAL CABLES. Sy [TelegrapTi—Prcss Association—Copyright. (deceived April 22. 8.10 pan.) LONDON, April 22. BANK OP ENGLAND BKTOUN. The Bank of England return issued for tho week ended Wednesday, April 20th, is as under;

The lcaclir.gr items of the Bank ot Kiu;land return afford tho iolJowing comparisons: This week. Last week. Lasty’r.

CONSOLS AND AUSTRALASIAN STOCKS. Current quotations for the Consols and Australasian Government stocks, compared with those of last \ycek, and tho corresponding period of last year. are*.

a lntere3t payabio in May and November, flntoreac payable in Jammy and July. tlntQrc3s payable hi April and Octobjr. MOW MARKET, The Bank of England rato of discount remains at 4 per cent., to which it waa raised on March 17th. A year ago the rate was 2J per cent. Tho open market rate of discount for best three month bills is H-16 higher at 33 per cent. A year ago it was li per cent. Short loans are unchanged at 3* per cent; a year ago the quotation was I per cent. The open market rate for three month bills in Paris is A lower at 23 per cent di a year ago): in Berlin it is unchanged at , <si pier cent. (13 a year ago). ‘ iNEW; ZEALAND CROWN MINES, LIMITED. RECONSTRUCTION SCHEME. -.By Telegraph—Press Association-Copyright LONDON, April 21. The New Zealand Crown Mines, I.united, has approved the proposal to wind up voluntarily, and to form a new company with a capital of LKD.CCO in 4s shares, giving the Consolidated Goldfields of New Zealand, Limited, an option at par over .150,0d> shares for guaranteeing tho workins capital, RUBBER AND OIL COMPANIES. DECLINE IN DEICE OF SHAKES, LONDON. April 21. The prospectuses of nine rubber and oil companies, with capital aggregating £2.400.000, were issued to-day. Prices for rubber and oil shares, which were inflated recently, aro declining. ENORMOUS CAPITAL. (Received April 22, 10.20 p.m.) LONDON. April 22. • Tho authorised capital of 506 rubber companies totals L59.203.CC0. If tho premiums on many of tho shares bo included, the money involved in the rubber market' is fully JBIGO.COO.OOO. SOUTH AUSTRALIAN LOAN, LONDON, April 21. The "Daily Mail" reports that tho South Australian lottn lists have closed, and that they seem to have met with a very poor ueepanse. Tho underwriters got 66 per ' sent, of tho loan. LONDON MARKET CABLES, LONDON, April 22. GRAIN AND FLOUR Wheat.—Tho markets aro flat, and prices are tending to a lower level. Sellers aro anxious to effect sales owing to beneficial raina in tho United States winter wheat belt and tho exceptionally favourable seeding conditions thero and in Canada. Reports of large world’s shipments during the week are also a factor, and holders of cargoes are reducing tboir prices. For Australian steamer, parcels (February shipment) 38s per quarter is naked; 58s 6d for tailing ships (February-March). and 38s for April-May sailers. There is small inquiry for Australian on tho spot, at about Us, A parcel of 30,000 quarters of Viciorlan steamer (March shipment) has been sold at about 38s. New Zealand longberry afloat is vainly offered at 35s fed c.tf. Flour.—Market dull. Australian patent brands (April-May shipment) aro held in London for 27s 6d per sack, and sold, at 29a 6d. Qate. —Market dull. Now Zealand Gartone, on tho spot. 18a 6d to 21s 6d per quarter: sparrowbills. 18s 9d to 20s 3d; La i Mata (May-Jnne), 14s 3d. BUTTER. Prices are weaker, and declining daily, •tho lino and warm weather causing anti'’GipatiariA that, largo supplies will shortly ibe available. Danish is quoted at 118 s to »120 b per cwfc., a drop of 6s on the week: | Australian choicest 1103 to 112 a, from 6s to*

down - and New Zealand 112 s to 114 s, a decline of 8s to IQs. SUGAR. The marital is easier. German If£’j j> -r cent.; i?; quoted at 14s 3d (2d lower on Dio week), and first marks granulaie'd f.0.1i. Hamburg, on spot, at 16s 7d kincliungod'j. BI!A nrOKD WOOD QUOTATIONS. At Bradford the market for merino ami fine crossbred wool:; for top-making is cheerful, with prices nnrhungeu. Common QUA are quoted at 27d; miper 60s, 28d; 465, i/,d; AY*. ILjd; low crossbred 64’s 29d. amt 60'a 28s. SILVER. Rar silver is quoted at 24 9-16 d per ounce , standard. OTHER- 2.i ETA MS. Vesk-rdav’s cleMnc? quotation*. compared with Diq.-c ruling a week ago. were: Copper. —On the i pot. 10.? lower at X 96 15* per {.mi; three mouths. ICw lower at £97 1-0-;: electrolytic, X 59 15s. Tin.--On the spot. Y.: higher at Xlol 5t p : - ton; three MM.nths, 12s 6d higher at Jhg-iron.--;*liddlor-bro* No. 3,3 d lower at Y.-i 7(1 o/r lonSpelter.—2» cd lower at £22 7s €d per ton. ANTWERP WOOL SALES. LONDON. April 21. 'Dio Arrwerp -:;Uc/ have cdoicd. Pricer; D r nii-riir)., and fine urns :hrcds were mi- < hanged. OnLnary cro-s.sbrcda w?rc negh; f/ .d. Six lliou-.and sjvtui hundred and cir;Jii v-four bales of La Plata ottered and 17-7 sold. LONDON WOOL AND SKIN UAR-KETS. The following cabled advices have been received !"• lo.mil linns from London, under Thur-uav’H date: New Zealand Loan ami Mercantile Agency Company, Ltd.—-“ Combing merino f-heep-sk'n-.;, hurt ami horn descriptions, •fine or.- -breds and lamm-kirm liave advanced » l ’-’ ‘b sh’.cr ’iDl, snlc-, and coarse hrud* have declined id per lb.” Marray. lb*bmt:; and Co., Ltd.—" Merino and line <. ro;o bred full-woollod sheepskins market ha: advanced hi to gd; crotr-brcd cnarro lull-v.oo1!.m1 market unchanged to an occasional slight decline. Ifalf-woolLcd market rhoui uo nnitexial change.” Dalgety and Company, Ltd.—“Wool.—Tho dale.: of our own talcs are April 27th ana Ma;> -Ith ami nth. At next j-rri-j wc exj»crv prims lor Hue crossbreds and merinos to bo firm, and hr coarse cro-sbred wools to to r:vDn>v ea'-Icr. Shccp-ikins.—Since our last advice:, pr’rcs for merino and fine combing skins arc Id higher, for clothing skins are par to Id lower, and h-i* enr - nreh of other descriptions any change in nricn ;s in favour of buyers. Frov.on mvut.--Mutton ami lamb are ' in vary iim'fcjt! demand, with prices lower. is c.vr-vcuat that if any change in prices lakes plane il will be in favour of buyers. P-.-hvrc, Cor beef, which is iu hut limited denial::]. aro weak at last quotations. Tallow.—Since our hist wire low and inferior dcsyrintiom- are from par to 3d higher, but other dc.criptlous are unchanged.'-' WELLINGTON STOCK EXCHANGE. YESTERDAY'S QUOTATIONS. MINING. Auckland.—Kuranui CaLdonian—lo a-.ni., als 6d; noon, sls 6d; 3.15, sls £d. May Queen—lo a.in,, b3s 9d, h3s lid; noon, b 3s 9d, a 3a IU!; 3.15, 1; 3s 6d. a 3s ICd. N.Z. Crown—noon, 1> As. s4h 3d; 3.15, b 4s. New bylvia—lo a.m., b4s 2'.1; noon, b4a 2d; 3.15, ii 4s 2d. Old Ha-nraki G. Mine:—lo am., b Zi\ Ad. 9 3s sd, sd. 3? Cd. Zr. 5d ('Change': noon, b 3a 4d. f 3a 7d; 5.15. b 5s Bd, b 3s KM, ralck 3a od (reported), 3s Bd, 3s Sd. 3? 9d (’Chang?). Saxon—lo a.m., s Is 7d. Tairua Broken HillP— noon, b I.J, s Is Id: 3.15, sales Is {reported). TaMsnmn Consolidated—lo a in., b X2 12s 3d. s £2 12s sd; noon. \i £2 12s. s £2 12s f-d; 3.15. b £1 11s ?d, s£l 6d. ALniM—lo a.m., b .£8 15s sd. s£B Tos fd. rales £8 16s td, £B 153 9cl (reported); £3 15s fd. £8 15s (’Change); noon, h £3 14s. s £8 16s: 3.15, b £3 14s. s £8 13k, sales £8 14: 9d {’Change'. IVETA Grand Junction—lo a.m.. b £1 7& Cd, s £1 7k 9d. rales .£! 7z f-d (roportea); noon, b £1 7-\ r. ale? £1 7a fil (reported); 3.10. b £1 7.' 3d. rales £1 Bs. Waitangi Consolidated N.L—lO a.m.. b2s 4d, s2s 6d. Watchman—uoon, b la Bd. We?t Coast.—B’aclnvntor Mines—3.ls. s £1 11 a. 3d. Con-olidatrd Goldfields—lo a.in., b 19s 9d. s il 1b; noon, h 19a 9d: 3.15, h TTogrcrs—lo a.m., b 13s 9d, s 14a; noon, b 13.) 9d. ra’es 14:, (rvmmtcd); 3.15. 1> 13n fid. Ifors Goldfields, Ltd.—lo a.m., b7s 9cL a 8s fd, rales Ss (reported); noon, b 8s; 3.15, b Bs. Note.—T)\e letter "b” signifies buyers and "a” sellers. INVESTMENT STOCK.

QUOTATIONS ELSEWHERE. PRESS ASSOCIATION*. AUCKLAND, April 22. Business was done on the Stock Exchange to-day as follows:—May Queen, 3s Sd: Waitangi. 2s sd; Hauraki, 3s 6d; Bendigo, 6d; Koiuata- Beets, 3*j* • Talisman, 52s bd; Waihi, £8 15s €d, £3 16s; Waihi Grand Junction, 27s 9d; Handsworth, BJd; Mountr/u King, 9d; New Zealand Insurance, 77s td; South British. 60s. Afternoon call:—Waiotahi, 3s 6d, 3s 7d; Consolidated Goldfield?, 20s 9d: Old Haural-::. 7s £d. 3s 7d. 3s 9d, 3s ICd. 4s. 3s lid, 4s. 3,i lid. 4s; Waihi. 17 75. 178 s; Waihi Grand Ji’iictUm, 20s; Taranaki Oil, 14s; Talisman C;;n:-;ol. : date;l, 523 6cL Northern Steamship (paid. l , 14s 8d; Auckland Tramway (ordinary), 33a. * DUNEDIN. April 22. Stock Exchange sales:—Muddy Terrace, £1 6s 3d; Waihi Grand Junction. 27s 3d: Old Hauraki. 3s 6d (six parcels); New Zealand Drugs. 47s 3d. Sales reportedMilburu Lime, 325; National Insurance, 29s 3d. DREDGING RETURNS. PRESS ASSOCIATIONDUNEDIN, April 22. Dredging returns: Mauuhikoria 320 z 2dwt, Masterton 290 z sdwt, Wadkawa 28oz 4dwt, Electric No. 1. 21 02 18dwt, Koputai 21oz 6dwt, New Roxburgh Jubilee 16oz 9dwt. Mystery Flat 16oz 3dwt, Central Charlton lloz 16dwt, South Waikawa 9oz Idwt. ' • SAMS OF LIVE STOCK. AUCTIONEERS’ REPORTS. Abraham and Williams. At .Tohnsonvillo on AVednesday wo offered a very prime yarding of sheep and cattle, which -sold (readily without any quotable chance. Best bullocks, .£8 17s (id. medium weight -fiS os to .£8 7s 6d, lighter .£7 13» to .£8 2s W. prime veakrs 3Ss to .£2, lighter 31s to 335. prime heavy wethers IGs 10d to 17s, good wethers •15s I'd to IGs, plain 13s, prime ewes 13s 6d to Its Id. good owes 12s lid to 13s 3d. plain .owes 12s 3d. Rood shorn lambs Us ICd to IDs 6(1. plain shorn 8s to 9s, Rood woallv lambs 11s 9d to 13s lOd, plain Us 6d to IPs Cd. slips 8s 3(1. At Palmerston North on Thursday we offered 51)0(1 sheep, consisting chielly of aped ewes. There was a fair demand, and With the exception of two pens all lines changed hands. An average entry

of cattle with good competition, and all lots wera sold. Two and 4-luoth forward wethers 13s 4d. 2-toolh wethers 12s, forward ewes (emptv) 8s 9d. empty store owe? (is Cd to Bs. cull empty ewes 2s Cd Jo 4s 7d. gO'Od 4-tooth to l.m. ewes in lamb 10a Cd to Us sd. s.m. ewes in lamb 8s to os. Lm. low-condition owes m lamb Cs to 7s Od. empty 2-tooth halfbred Sliropshiro ewes 10s, small woollv lambs Is lOd, shorn lambs as Cd to 5s lid, cull lambs 5h 2d to Is Id, 3-year forward bullocks 4'C. emotv forward cows £3 12s, fat cows M Vk to T-l 12s Gd. good weaners 27s Cd to 335, small wcauers 12s, spring calving hoifors jil to Jc3, xmpt.v forward heifers .£3 KK springing heifers £5 4s Gd. cows in milk .X*4 to £5 ss. Dal get y ami Co.

At Palmerston on Friday we had very good yarding;-; of sheep and cattle. Ewes Gs Od to 7s Od, small 2-tooth ewes to 10s Jld. wcollv lamL: to 10s Od. weuners 30s to 31s. calves to 28s. empty heifers £2 to X2 8s Gd. fat heifers M Is to £5 os. 2'; to 3-ycar steers, X 4 Gs to .£•!■ 10s; 18montbs steers to .23, 3i-.v?a-r bullocks wG 3s, forward bullocks to A 7. At Soddon on 'J'imrsday our yarding consisted of about 2GOO mixer! sheep. Wethers 8s l«d to lls, fat wethers 15s, fat owes 7s Gd to 12s, fat lambs 9s 6d to 10s Gd. others 8s 2d to 9s Id. , . At Feilding uu Friday wc -had good entries of stock. All sold readily. Small wethers Us Id to IK Bd, 2 and 4toolli wethers to 13s 3d, mixed lambs to aged empty owes 5s to 5s 9d, cull ewes 2s. 7d lo iOd, sound mouth breeding ewes to I2< Id; special Komncy owes, 2tooths 20s G-.!., 4-tooths 20s Od, G-tooths 21s Gd ; store cows to X 3, dairy cows to £7. At Taibape on Wednesday wc had a very good/ yarding of stock. All lines met with keen competition. Mixed lambs Gs lid to 7s 3-d, ewe lambs 8s 7d. good wether lambs 8s Gd, mixed age ewes Gs Gd to 8:s lOd. At Ekclaluma on Friday we offered good yardings of sheep and cattle to a good attendance. Bidding for sheep was good, ami we sold practically the whole of our yarding at satisfactory prices. Cattle "continue to sell well, and we made a clearance before the day ended. Two-tooth wethers IDs 9d to Ms, lambs (goc-d shorn) 7s to 8s Gd, woolly do. 7s Id to 8s Dd, empty ewes to 8s Gd, f.m. ewes in lamb Gs to 7a 3d, poorer sorts 3s Id to Is od, 3-year steers to £b sb, heifers in calf .£*3 10s to JM Gw, empty rows £3 to £l3 8s 6-d, fat cows AM 5s to XI- 10s, mixed wcauers 30a to IK, 2 to 2]-year steers £3 15s to £4 ss, cows in calf £2 10s to *£2 13s. Loan and Mercantile Company. At Messrs London Bros/ sale on Wed* net-day there was a large attendance. Arrangements for displaying the stock, implements, etc., were of an exceptionally good nature, and admitted of ready handling. A satisfactory sale resulted. Bricco—Mixed aged ewes in lamb 12s 3d to 12s 9d, empty ewes Gs Id, ewe iambs Uo Id, wether lambs Cg Id to 7s 10:1, 2tooth wethers 13s, 2-tocth owes (small) Us 7d, rams 15s, 18-rnontb. steers Is Cd, mixed wcauers 355, small weaners 20s, cow in calf L 5. gig dill 10s, plough c£6, harrows £3 12s. <lrsiv T 9 10s. disc <£“ 15.5. saddle M 10s, wool press X 7. At Kangiwuhia on Tuesday we had a "oed yarding of sheep, and a fair entry Sf cattle. Cull owes Is 3d, aged ewes C-s Id, sound-mouth cuts 9s 3d, cull lambs 3s. otiicis to Gs sd, 2-tooth wethers 12s 3d to 12s Gd, 18-monUi steers £l2 17s 6d to cE>, wcanor heifers 355, mixed wcancirs (small) 235, store cows A‘2 Us, cows and calves AI Is, cows iu calf AM 15s, sprmgUv licifors £5 ss, forward steers E» Gs CcL fat bullocks A‘s lAs, horses to At Feiidlng on Friday a small entry ot sheep and a good yarding of cattle met with fair demand. Cull lambs 2s 3d, store lambs 6s 9d, empty ewes &s , weank,. heifers Jc 2 3s, store cows 33s to «£2 7s Od heifors in calf £3 3s Gd to £3 10s, springing heifers A 5 9s to £6. fat heifers £5. forward heifers AM Is, forward bullocks £6 7s Cd. WOOL, SKINS, AN T D HIDES. YESTERDAY'S SALES IN WELLINGTON. Tho fortnightly saies of 'vcol, skins, hides, and tallow were held in Wellington yesterday. The various .brokers report‘good attendances and animated biddin", values generally showing a slight increase. Prices averaged as follow: Wool.—Crossbred rough seedy, etc., <d to B.UI, croesbred fine fc'd to 9d, pieces, locks", etc., -Id to aid. Skins.—Crossbreds fine 8d to 9d, crossbreds 7d to Sd, lambs woolly 7jd to Sid, lambs shorn s|d to. 7d, half wool led crossbreds 6d to "id. dead and damaged 2d to 53d, green aud salted •3s , fid to -is lOd each. , , , ~ Hides.—Heavy ox 71 d to ijd, medium ox 7d to 7Jd, light ox 6Jd to <id. cows eid to 6Jd, S faulty hides 4Jd to M. call round BUI to 9-id, calf damaged 4Jd to ‘ —Tins, etc.. 20s to 24s 6d per cwt, casks 25s to 28s 3d per cwt. THE DAIRY INDUSTRY. MARKET CONDITIONS. J. B. JfaeEwan and Co., of Wellington, report:— Butter.—The total of shipments from the opening of the dairy season, September Ist. is 13,910 tons, ao compared with 12,912 for the same period last season, an mcrease of 23 per cent. Bcrtest cables Irani tne British markets say that prices arc now gradually declining, although the Arawa. shipment averaged from Iffia to 123 s Clv-ese—The total shipments from tne opening of the dairy peason, Bspteinher Ist, is 20.033 tons, an compared with 10,364 for the same period last season, an increase of 30 per cent. Latest cables advise that b’st New Zealand brands were selling at 6CC to 61s. Prospects for an advance are not so favourable, hut very little change is anticipated. Weather.—Conditions continue seasonable, and the m.Uh supply Is comparatively large. WELLINGTON MARKETS. FRUIT AND PRODUCE. The depression in regard to apples and pear> continues to exist in the local marLets, and it is very dithcult to anticipate when values will recover. Owing to tho low- state of the market there -s absence of supply so far this season U;om the Auckland district, but what fruit is arrivinn- from Canterbury and Nelson provinces is more than sufficient to meet the demand and occasion a gtat- A strong inquiry continues to exist tor passion fruit, and taking this season as a gauge it would appear that there is ample room for a larger quantity to be grown, as this fruit has been in short supply for some time past. The high rates ruling in Australia, have tended_to restrict free supplies arriving from that quarter. New South Wales oranges are now available in that State, and it is probable that shipments will come to hand next week from there; m the meantime the market is practically bare of supplies of Island. Lemons are in fair demand, and tho consumption .is beta" mot out of Messina grown. Shipments of Fijian bananas are duo °h i'hursdav next, and as the market is bare, and owing to the hurricane having done such heavy damage to the crops, what small quantity should arrive will be rapidly sought after. _ Cape gooseberries, together with quinces, are in heavy supply, and the inquiry is only nominal. Apples, choice favourite dessert 7s to 8s case; prime ordinary. 5s fad to 6s Gd; inferior, 2s 6d to 4s 6d; cooking, prime 3s to 3s Gd, fair -s to -s odj pears/ choice, dessert 5s to os 6d ca se. prime 4s to 4s Gd, stowing 2s Gd to 3s Gd case; grapes, choice lid to Is Id lb, pnmo 7d to 9d; quinces, prime 3s to 3s 6d case, good Is Gd to 2s Gd; persimmons, 3s to 4s Cox; tomatoes, choice Is Cd to 5s 6d half case, prime 3s to Is. POTATOES AND ONIONS.

For several weeks past the market for potatoes has continued at a steady level, and this probably may bo taken as an indication that supplies are coming on to the southern markets in regular and steadv quantities. In certain districts the Wight appears to be more in evidence

than in other parts, consequently it is difficult to gauge what percentage there is of disease-free tubers. Onions have kept at the advance figure which ruled towards tho close of last week; there was a slight scarcity a few days ago. but further shipments haying come to band tended to ease tho market. Potatoes, prime selected _ JJS 10s to FG ton. prime ordinary .£5 ss, inferior and blight infected ,2s to 4s sack; onions, prime -E4 to Jcl 10s ton, others »£3 10s to A 3 tos. OTHER VROifrAHLES. Generally a better tone is in evidence tor certain linos of vegetables, notably tor cauliflowers, cabbages, green peas, and pie-melons. . Cauliflowers, choice 7s to 9s sack, prime ts Gd to 6s Cd; cabbages, choice 4s Gd to' os fid sack, primo 2s Cd to 3s Gd; piemelons, 4s Cd to Gs sack; spinach 2s Gd bo 3s case; pumpkins, ,3s to 4s sack; French beans, 3s Gd to 4s Gd half sack; swedes, 20s to 30s ton; green peas, choice 7s to 9s half sack, prime 4s to Gs; carrots, -3s to 4s sack; beetroot, 3s to 4s sack; lettuce, 3s to 4s Gel case; marrows. Is tolls Gd sack; cucumbers, 2s to 5s dozen; turniiis, 3s Gd to 4s Gd sack; artichokes, 2s to 3s Gd half sack. - EGGS. A stringent tone continues to prevail in the local markets, and for fresh there is an absolute dearth. This being the case, preserved have tended to coins more into favour. Best frosh are soiling at Is lid to 2s dozen, and preserved from Is 4d to Is sd. POULTRY. Supplies, with the exception of turkeys, are heavy, and the market Is dull. Good heavy hens 3s to 3s Gd pair, fair 2s Gd to 2s 9d; roosters, good young 3s Gd bo 4s, fair 3s to 3s 3d; ducks, 3s Gd to Ss pair; turkeys, gobblers 18s to 20s pair, hens Ss to 10s. Lacry and Co., Ltd., Wellington, report wholesale prices ruling on tbs market: Wheat, fowl 3s 9d to 4s Id; feed oats, 2s 6d to 2s 7d, Dun oats 2s 6d to 2s Bd, seed oats 2s 7d to 2s 9d; Algerian oats, 2a 7d to 2s 9d; maize, 3s 9d to 4s; crushed malt, 7s; fowU barley, 2s 9d; Capa barley seed. 3s; flour, Now Zealand £lO 15s to £ll ss. Australian. £ll 10s; peas. Prussian blue 5s 6d, split £19103; bonedust, £5 15s; superphosphates, £5 to £5.55: pollard, £5 to £5 IQs; bran, £4 to £4 ss; pearl barley, 15s: basic slag, £4 10s-, chaff (oatensheaf), £4 15» to £5 ss; oatmeal, £l2 10s; potatoes, table £3 to £6 ton; onions, 3a 6d to 4s 6d cwt; molasses fodder £5: bacon (factory'), sides 6Jd, hams 9d, rolls 74d; butter, prime bulk, 9d, Poultry, hens 3s; ducks, 3s 6d to 4s 6d per pair; turkeys, gobblers 18s to 20g, hens 10a to 14a; fresh eggs. Is lid to 2s; preserved eggs, Is 4d to Is 5d dozen: cheese, 53d perlh, loaf Akaroa machine-dressed cocksfoot, 6d to 7d per lb; farmers’ dressed cocksfoot, 4d to 5d ■per lb; ryegrass, 3s 6d to 4s £d per bushel; Italian ryegrass, 3s od to 4s 6d per bushel; white clover. 70s to 75s per cwt

-Votu Issue Issuk Depahtukut. £33.131.000 Cot. debt. Other securities Cold.. £11,010,009 7,!31.099 31,1*5.000 ££3.131,000 £03,131,000 Ua.nking Depaht.mekx Proprietors’ capital Public do* posits .. Other deposits ,. Rost. 7-day undother bills jSU,553,000 o,3];;,003 •U.501,o:o 3,170,000 Gor. securities O t h .i r H ecurities .. Com £11,810,000 27,832,000 lil.OS'l.OOU 1,053,000 £0 , 3 ( ‘133.0iiJ £03 293,000

Bullion £ 34.rdo.0c0 31.714,OCO £ 57,877,003 Note circui’n 25.642.CC0 23.545,00) 00.561X00 23.624.CC0 23.e56.CC0 23,533,1,0) •A9,073.0:0 Deposits ..... 53.71l.CQO 07.C39.1C0 Proport’n of reserve to liabilities 50.63 43.93 49.73

Stock. This w eekiLast weteli Til st Year £ d. ll. £ J. 81 0 0 83 0 0 4 '■'L Wow South Wales 107 0 0 107 0 0 108 0 0 New South Wales 98 10 0 98 I» 0 98 0 S% New South Wales 83 0 0 S3 u 0 0 4 % Victoria .. .. lo:i 10 0 ira 10 ll 0 n K) () so lu 0 S7 10 0 03 10 0 m 10 0 •H 10 0 8 % South Australia St 1U 0 8t 10 0 0 4 % Queensland 10-i 10 0 IU 10 0 101 15 0 3-V& Queensland 99 0 0 fl'J 0 8 °o Queensland 80 0 »i 100 10 100 0 ICO 0 Si% New Zealand! - 97 u fi 97 12 0 99 0 0 3 % New Zealand* .. H7 1(1 0 &7 6 87 u 3h% West Australia .. 0 97 10 0 97 10 0 8 % West Australia h; 15 0 h7 10 0 80 10 0 !>H 10 0 98 .. .. 87 0 0 87 0 0 88 0 0

Buyers. Sellers. Sales. £ 8. cl. X s. d. £ 9. d. , IUNK3— FINANCIAL-N.l-Y {.nun ami Mct* cantile 0 10 0 V.’M'n Trust Loan, “ — Ltd - 7 3 6 — GAS— FeUclincr (cum.'i ... — 12 0 — ■WciUnirton.-XSlSa 13 6 6 13 10 0 — MEAT rr.KSK^VlNQ— Cantcrb’y Frozen M.sat 6 0 0 _ Meat Co 11 10 0 Clear Mont Co, Ltd.. XI 2 13 0 V/VIliiurton Meat, Export, JE212i 6cl 2 12 6 — — Shipping— JT.Z. Shipping: Co. 7 15 0 — — IIANUPACTUSIKC— Wellins'n WooTn, prel’crL'uej ... — par — COAL— Westport 6 6 0 — — \Vo9tnoj l-Slockt'u Ltd - 0 7 3 — Miscellaneous— Rare and Twin.' Co 12 6 _ I.cvland U'ilrleu Timl-ar 1 4 0 1 4 3* NX Urug Co, Ltd, £3 2 6 6 — — N.Z. Port. Cement '2 2 6 — — Shanauu and tu.. Ltd., preference — 1 3 0 — TaranalO Petrol'm, £1 paid 0 12 6 — — ‘Reported.