COMMERCE & MINING

New Zealand Times, Volume XXXIII, Issue 7448, 24 May 1911, Page 8

COMMERCE & MINING

THE SHAKEHARKET WELLINGTON STOCK EXCHANGE. YESTERDAY’S QUOTATIONS. MINING. Consolidated Goldfields—lo a.m., b 15s. s 16a 9d; noon, b 15s, s 16s 9d; 3.15, b 15s» s 16a 9d. • Dominion (Karangahake)—lo a.m.. s 2d; noon,- a 2d; 3.15, fl 2d. Kapaoga—lo a.m., b 7d, s lOd; noon, e lOd; 3.15. b 7d, s 9d. Kuranui Caledonian —10 a.m., b Is, 8 13 3d; 3.15, b Is, a Is 3d. Mty Queon —10 a.m., b la 6d, s Is 8d;, noon, b Is 6d, s Is 9d; 3.15, b Is 6d, © Is Bd, la 6d (reported). , Now Sylvia—lo a.m.* b2s 10d, s2s l)d. sales 2s lOd (reported); noon, b 2s lOd, s 2s lid; 3.35, b 2s 9d. s 2s lid. Occidental Consolidated—lo a.m., b sd; noon, <a 5dOld Hauraki G. Minos —10 a.m., b 2s 3d, e 2s sd; noon, b 2s 3d, s ,2s sd, sales 2s A\d (reported); 3.15, b 2s 2d, s 2s 5dSason—lo a.m.. o 2s Id. s2s 3d; noon, b 2s Id, s 2s 3d. sales 2s 2d (reported); 315, b 2s ,2d, s 2s 3d. Tairua Broken Hills—lo a.m., b Is sd. p Is 6d; noon, b Is sd, s Is 6d; 3.15, b Is 6d. 6 Is 7d. Talisman Consolidated—lo a.m., b £2 12s, s £2 12s 3d. sales £2 12s (reported),, £2 12s £2 12s 3d (’Change); noon, b £2 12s, s £2 12s fid, sales £2 12s ('Change); 3.15, b £3 12s, s £3 12s fid. Waihi—lo a.m., b£3 5s 9d, e £3 6s, sales £3 fis fid (reported), £3 6s (’Change); noon, b £3 4s 9d. s £3 ss. sales £3 5s 9d, £3 5s 5d (reported); 3.15, b £3 4s 9d, s £3 ss, sales £3 5s (’Change). Waihi Extended—noon, s Is Bd. Waihi Grand Junction —10 a.m., b £1 7a fid, sales £1 7s 9d (’Change); noon, b £1 7s 6d, s £1 8s: 3.15. b £1 7a, s £1 7s fid, sales £1 7s 3d (’Change). Waitangl Consolidated N.L.—lO a.m, b 2s, s 2s 3d; noon, b 2s'ld, s 2s 3d; 3.15, b 23Ross —10 a.m., s 2s. Note.—Tho letter "b" signifies buyers and V’ sellers.

♦Beported. ON OTHER EXCHANGES. PHEB3 ASSOCIATION. AUCKLAND, May 23. Business at this morning’s call of the Stock Exchange included: May Queen, Is 7d. Monowai, Is 7d. Sylvia, 2s lid. Saxon. 2s 2d. Hauraki, 2s 5d to 2s 3d. Crown. 3s 7d. Golden Cross, lod. TaLrua Golden Hills, lid. Talisman. 325. Wrfihi, 66s 3d to 655. Waihi Grand Junction. 27s fid, 27s 3d. Northern Coal, ICs 6(1. Kauri Timber (cont.), 17a. Afternoon call: - Taranaki Petroleum, IS: 3d. Occidental Consolidated. 4d. Saxon, 2s 2d. Old Hauraki, 2s 4d. Talisman, 525. Waihi, 655. Waihi Grand Junction, 27s Jd. DUNEDIN, May 23. Stock Exchange sales:, Waihi, fifis fid. ■ Waihi Grand Junction, 27s 9d (eight weeks’ delivery). Old Hauraki,- 2s 3d. ■ Westport Coal, 28s 9d (two' parcels). Sales reported: Talisman Consolidated. 625. Waihi, 65s 9d, 65s fid. New Sylvia. 2s lid. . Union Steam, 41s. , . LONDON, May 22. ■ Waihi shares are quoted at; Buyers. 62s fid; sellers, 655. The following telegram was received yes-, terday by the Wellington Stock Exchange from the Tairua Golden Hills mine; "Cut western reef 42 inches. No hanging wall, fair 'dish prospects." THE WOOL SALES. By Telagraph—Press Association—Copyright LONDON. May 22. Tho wool market is animated, lato rates being maintained. United States operators are buying some of 'the best medium crossbred*.' 1 FROZEN MEAT PRICES. ’ PEES 3 ASSOCIATION. , OHBISTOHUBOH, May. 25. Tim British-New Zealand Meat Company has received the following cablo from London: Mutton—Prime Canterbury, 33d to 33d; North Island, 2gd to 3d. Lamb— Brimo Canterbury, 4Jd to 43d; North Island, 4d to 4|d. Beef-Hinds, 33d, fores, 2Sd. __ BEET SUGAR. EUROPEAN PRODUCTION DURING CURRENT TEAR. By Telagr-ph—Press Association—Copyright LONDON. May 22 Herr P. O. Licht, of Magdeburg, in his monthly circular,, states that the production of beet sugar in Europe during the first seven months of the 1910-11 campaign, which began on September Ist, shows an increase of 796,000 tons as compared with the corresponding period of tho previous campaign. Ho adheres to his last month's estimate that the total amount produced during the current campaign. will bo about 8,127,000 tons, or an increase of 1.939,000 tons over that of 1909-10. EVESLEIGH ESTATE SOLE. PBEBS ASSOCIATION. NAPIER, May 23. Messrs G. A. Proec© and Co,, of Palmerston North, report having this day sold Mr Thomas Tanner's well-known Evcsleigh estate. containing 2670 acres, situated . at Havelock North, and close to Hastings, to, a southern client - at the vendor's price. This property is one of the best stud farms in the Dominion, and contains some of the richest land in New Zealand. NEW ZEALAND EXPORTS. According to the fortnightly "Leaflet” issued by the Department of Agriculture,' the total value of exports from New Zealand from May Irt to 15th was £1.034,257, compared with £799,533 in the correspond-

ins period of last year. Tho principal items were: 1910. 1911.

FRUIT AND PRODUCE ■fI'ELMNGTON MAEKETB. The strong inquiry which sot in last wwu for apples, also pears, has continued, particularly lor the lormer frait; as a matter of fact values have advanced, and at tlio sales yesterday choice Doughertys realised as high as 14s a case. quantities have come forward, but despite Uus the inquiry continues strong, and very satisfactory, prices are ruling and growers must find at the present time that the local market is one of the most profitable in the Dominion. Many varieties have come into favour, more so this sea/son than in the past, notably Borne "® a ?" ties, Kyruera and Jonathans. The fairly large shipment of pears which arrived from Victoria and Tasmania at the dose of last week lias brought with it a slightly weaker tendency locally, at the same time the prices now ruling cannot bo considered but in every way satisfactory. Two shipmem/ of Island fruits are due this week; the first lot is expected to arrive here on ■Thursday from the Cook Islands, per s.s. Manuka. ‘As the season for oranges in. the Islands should now bo well advanced some prime duality oranges, also bananas, should come to hand; the market being bare of these fruits, and the general supply of all lines of fruits being far short of requirements, a strong inquiry should repilv Fijian bananas are du<* hi-*** on Friday or Saturday. The steamer from tlie Fijian group was two days late in departing from Suva, and in consequence will not reach port until as just stated. In lieu of Thursday. It waa noticed that the lunches of bananas from Suva on the occasion of the last shipment showed jxcoilent quality, ,an indication that the hurricane which did such devastating damage some eight months back is no-v entirely a matter of the past. The demand for local lemons and passions is strong, as the supply arriving from Australia is meagre. The usual shipment of Now South Woles fruits is cue xo-Uay from Sydney and citrus lines are looked Jorword to, to arrive. Apples, choice favourite dessert, 11a sd, to 13d case, prime 9s 6d' to 11s, other varieties ,; e to 8s; cookers, prime 6s to 7s case, good 4s to ss; pears, choice dessert 10s 6d to 12s case, prime 8s to 9s, stewing choice 7s to Bs, inferior 5s to 6s; tomatoes, 4s xo 5s half case; lemons (local), 6s to 7s case; passions, 4s to. 5e box; Cape gooseberries, 3d to 3£d lb POTATOES AND ONIONS. Heavy supplies of potatoes are , still available in the local market, and operations therefore with the south have been restricted to some extent. In consequence of this potatoes are now being pitted to a very large degree. The Mokola, from the Bluff, aid not have a single bag of tubers on Friday. Advices from South land are to the effect that values in that quarter have now been reduced, as it has been found that business was being entirely confined to Canterbury, and Otago. In these districts crops are reported to be very large, this together with' good Southland yields would lead one to the opinion that prices will rule low for some time. A slight inquiry-is being met with for seed potatoes, more particularly tor early varieties, such as Early Bose, Beauty of Hebrons, etc. As yet there are very few offering from the south, but as l the season progresses increased business will shortly result. Table potatoes ’ •tre ruling at from £5 to £5 lus per ton, according to condition. The market for onions is practically unchanged. Values arc still ruling at 72s 6d f.0.b., south. The Mokoia landed last week a shipment of onions, which opened up in excellent condition. OTHER VEGETABLES. The demand generally for all lines of vegetable© is particularly good. French beans, cauliflowers, and cabbages are meeting with a special demand, whilst for mushrooms there is a largo outlet. Cauliflowers, choice 8s to 10s sack, prime 6s to 7s; cabbages, choice heavy 4s to 6s sack, prime 2s to 3a; turnips, 2s 6d iO 2s 6d sack; swedes, 2s to Za fid sack; pumpkins, 3s fid to 4s 6d sack; beetroot, 3s fid to 4s 6d sack; carrots, 5s to Aa sack; spinach, 2s to 3s case; marrows, 2a to 3s sqck; French .beans 7e to 9s naif sack; broad beans, 4s to 6a sack; celery, 2s to 3s sack; mushrooms, 3d to 4d lb. EGGS. Values for fresh are ruling at la 9d to te lOd per dozen, and preserved at Is 2d The demand remains fair, with a large quantity offering. , SOUTHERN GRAIN AND PRODUCE PRESS ASSOCIATION. ' OHRISTCHDEOH. May 23. The weaker tone in the London and Australian wheat markets has been reflected locally, and buyers are n6t very keen to do business except at reduced rates. There is less business passing between merchants than last week, and few farmers are disposed to sell at 3s 3d, which is now the best offer on trucks. The only line of consequence changing hands during the last day -or two was 1000 bushels of Bordier at 3s 2id. at a country station, the quantity being barely prime. There is no change to note in oats, and chaff keeps firm at 85s on trucks. The potato market is still quiet, but there are a few buyers at 655, Offerings are, however, not very free, aa pitting of the cron is new well forward. LIVE STOCK SALES MABTON. Dalgety and Co., Ltd., report: Yesterday we had a very fair entry of eheep. The demand was not keen. Cuir ewes made 3e 2d to 4s, cull lambs 3s 7d to 5s 9d, email lambs to 5s Bd, medium lambs to 6s 6d, empty ewes 6s 9d to 7s, forward to 10s small dairy heifers to £4 12s fid, weaner steers to 245. Laery and Co., Ltd., ‘Wellington, report wholesale orices ruling on the market aa under:—-Wheat, good whole fowl’s, 4s to 4a Id bushel;. oats, good feed 2s lid to 3s Id; oats, duns, 3s 2d to 3s 4d; oats, seed white, 3s 3d; oats, seed Algerian Victorian, 3s fid; rye corn, 3s lOd; maize, 3s 2d to 3s 4d; fowls’ barley, 3s 3d; Capo, 3s fid; crushed malt, 7s fid; partridge peas, 4s fid to 4s 9d; pollard, £7 5s to £7 IDs per ton; bran, £5 15s to £6; flour. Atlas, £9 53 fid; chaff, oaten sheaf, £5 15a to £6: rice flour, £6 per ton; potatoes, tabic, £5 6s to £5 15s; onions, £4 10s to £5; molasses fodder. £5 5a to basic slag, £4 5s to £4 10s; superphosphates, £4 15s to £5; oatmeal. £l4 10s; rolled oats, in 4's, 8s fid dozen; cheese, medium sized! >;d to 6|d per lb; cheese, loaf, 6£d to 7d per lb: butter, prime bulk, lOd to lid; fresh eggs, Is ICd per doz; preserved eggs, Is 2d per doz; ' honey, sfi's, bright. 4d lb; linseed nuts, 13a per cwt; linseed cake, crushed. 13s fid per cwt; bacon, sides 73d per lb; bacon, rolls B*d per lb; hams' Sid per lb; fowls, hens 3s to 3s fid, voung roosters 2s to 4s; ducks, 4s 6d to 5s all at per pair; turkeys, srobblers 8d to 9dner lb live weight, hens fid to 7dL WELLINGTON CUSTOMS. The Customs revenue received at Wellington yesterday totalled £3367 7s 9d.

INVESTMENT STOCK. Boyers Sellers. Sales. £ s. d £ sd. £ s. d. P*TNAWCTAL— National Mortg'e, Ltd 3 8 6 3 8 6* Wel'n Trust- Loan, Ltd — 7 16 6 Wel’n Deposit and Mortgage Aes’n. 0 8 3 0 8 9 - CAS— Napier ... — . — 25 0 0 — MEAT PRESEB.VING-« Welling’n Meat Export. £5 6 5 0 WelUng’n Meat Export. £4 ... — 5 7 0 WeII:ng'n Meat Export, £212a 6d ... — 3 6 — SHIPPING— Wel’n Steam Ferry 18s paid 0 12 0 MANUFACTURING— Welling’n Wool’n* ordinary ... ... — 4 2 0 _ ' (JOAXr— Westport-Stock'n, Ltd — 0 4 0 MISCELLANEOUS— Leyland O'Brien Timber 17 0 Manning and Go.* Ltd — 4 8 0 Miramar, Ltd. ... — 0 2 6 — N.Z. Drug Co. Ltd, £2 2 9 0 N.Z. Paper Mills (cum) — 1. 3 0 — Taranaki Petroleum, £1 pd. ... 0 13 3 0 .19 6 LWard and Co, Ltd 5 0 0 —

May 1*15. May 1-15 £ £ Butter . 23,577 3,349 Chocs© 64,984 40,727 Frozen, beef 31,114 13,574 Frozen mutton, carcases... 62.611 83,071 Frozen mutton, legs and pieces Frozen Jamb - 3.084 122,544 3,513 166,169 Wheat 22,763 30,110 Oats 867 507Grain and pulse other 3,861 9,022 than wheat or oats ... Hemp 22,018 1,091 8,857 1,580 Kauri gnm - 13,156 35,011 Hides and skins 83.341 59,343 Tallow 43,109 42,893 Timber 8.394 29,076 Wool , 184.290 359.734 Gold 108,186 142,054