COMMERCIAL.

Auckland Star, Volume XXXVII, Issue 285, 6 December 1906, Page 6

COMMERCIAL.

... ~?AwK*«a Star":Ofttee,- --- Thursday, December 3, 190& «not obtainable in bulk. The SfinffMtdemand, and the latter ie hfrf to obtain. Figs hare sold so that stocks are exhausted, and fresh are expected from Sydney. Fungus .tat some difficult is iSdta getting freight room from which is interfering with shipments. The position of the rice market seems «*3sg ««too* jndgins by the foltowiae - Straci from a Sydney paer:—"On the " ' Six firm "position of the world's rice mar- " taS latest information from London was - effect that values showed greater than had been known for « jerj lon- time back, and, what wa* still mere siznlflcant, there were several more months to rnn before new supplies wonld become available. A eeries of disasters in many of the producing countries or the •world had contributed to this end. Owing to floods In Bengal having washed out the crowing crop there, that vast rice-eating district had bought up at nigh prices, and Practically tie balance of the Burmah crop, and Bansoon quotations were much above. European equivalents. The absence of rain in Slam during the months of June, July, and August had augmented prices In that region and this misfortune had been ae- "_ eentuated by.jlacing exchange on a gold ■ baelSi and- dosing the local mints, which fact alone had sufficed for the putting up of current rates for rice by od to 6d p* ewt Production in Japan, which appeared bo promising only a month ago. had suffered from unpropitious weather, and the crop, which looked liie a. bumper, .was sot expected to reach the average yield— a circumstance largely due to the want of ennshnte, followed by heavy rains when the paddy grain should have been maturinglitest cable quotations, as a. natural sequel, - jrat brown rice for cleaning up to 12/6. cost and freight, thns establishing an ad--rsnee of 103 d per cwt within four weeks. To crown all, news had recently been re- ' ceived from the rice growing districts of the United States that further devastations had occurred in that quarter of the globe, ■where storms had badly damaged not only <ne cotton area, but the rice crops. Thns it followed that the United States, instead of having surplus quantities of rice to 3tspose of, would be under the necessity of importing rice to a <*onsiderable extent in the ensuing year. In face of all these nn favourable contingencies, even allowing that lie crop in Barman was a large one next season, the home trade were scarcely jnstified in, expecting a return to low pace?-' . ■>'■ - The epenrns .irool sale in "Auckland was • great success, high prices being realised. In the light «f this fact the following extract from a. London trade circular is ofthe interval between the ; September ami October series of -wool sales, - .the beer campaign which commenced early to June, -was carried on- with great vigour. - Since the : general competition witnessed during the- sales' compared favourably with that ruling at the fourth series, and tain grades -ehowed - a hardening tendency as the sites progressed, it would seem that the jrennine::re<iulrem.ents of trade have proved sufficient- to counteract the efforts ■which have been made. to depress values ibef are the new season in Australia has corawhile tl«e all-round improvement A urine -the "second week, which caused tiie aeries to close at the Highest point, may •he considered to indicate that "the future is regarded, with, confidence." The timber trade is still reported good, as -the export demand-continues Steady. Supplies of logs are expected to be enough. - to carry on for some-tlme_ to come. A : good deal of "building Jβ £oing pa , locally. • The old wooden buildings at the torher of ■KeWton. and Great North roads ttave been arid for removal, and are to be replaced I>y * two-storey bldefc of brick shops. Other -wooden buQdings have tieen pulled - dewn "iearrihe rcorner or;Pi/It-street, to ■ t l, *** room' for another block of brick " leooe<£~ ZnTdneonby-roadr-Wick buildings - ere-about to be erected on 'the city leaseholds, . and .also on .the. .Gtey -Lynn side opposite, the new police barracks. Now " that tie butter'season is in full swing,:the rwhite pine mills are also' very busy. The flax market in iareported by.caDie to be veiy firm, prices ■b'ilng higher than for many years past. In consequence of this the" local market has firmed; prices having - advanced fully -JJEZljfer "ton during the s last Now that the wool season is in'full swjsgv-.eheap freights are" ho longer available; 'and this maj- have -an effect on the rprice "exporters can afford to pay here for Sax. The ' gum -niarket is still steady, ajid sjl tie better grades are in good demand. ....A.;.fair amount of busSness has been, done In Tntnrng shares Jm the Exchange during the last 'week, and-invjastment stocks have -met--with steady demand.. Hlkurangi Coal cold np_- to 17/ at tb'e late call yesterday, and Northern Steam paid-up issue at 17/. Auckland Tramway s.hares. changed hande since last report -at £.I J. 12/6. and more were •wanted at a shilling under that figure. Bank of New Zealand shares were- wanted at. £8 16/, .but no sales resulted. Timber shares have had steady buyers, sales being made of 1>0.3. , ?. at 44/G- Napier Gas .were wanted at £23. but no sellers quoted, and buyers of N-7J- Cement shares advanced their- to 40/, with.-.sales up to 41/. Jα" mining stocis attention was still most directed to a few leading mines. Waihi shares eased ft little, being cold down to £8 16/3. F«ee transactions have taken place in Talisman Consolidated shares at C/e and and a further upward move in this line is not unlikely. The Waiotahi Company paid the customary monthly dividend of 1/3 per share, -which, distributed—another £15,000 -amongst- the forJmate~ shareholders. Another- 2501bs of •picked stone was reported from this mine yesterday, afternoon- Waihi Grand Junction, shares sold and are still tranted at 53/. and Waihi Extendeds were a little firmer .owing to more satisfactory reports from the mine. Waitangi shares have well maintained the recent sharp rise, although a. little easier than they .were a week ago. Quiet buying is going On of Alburnias, iMonowsis, and Auckland, but no attempt is ireing made to rush the market. KuranniCaledonian have improved a little in price Has -week, and Southern Queens firmed «rwing to more picked stone being reported from lie mine. Potatoes.—The market shows' more life ©is -week. Arrivals from Sydney showed considerable decrease upon the late quantities ssnt over. There is also a. marked improvement in the quality of the potatoes from Sydney, the shippers over there hay- • tog realised that nothing but prime quality is wanted on this market. The lines landed tW» week were graded, and -packed In new sacks, consequently they found ready' outlet at £9 10/ per ton. Tie-locally grown iiew potatoes are now coming forward i» large quantities, consequently this market Is now well supplied with first class ■ samples, ana the price has eased to £12 per ton, whereas earlier in "the week quotation .was £13 to £13 10/. With the present outlook of heavy supplies being cent ia, if is. anticipated that prices for potatoes laay shortly show a still further decline. r Maiiej—Siiree last report 266 sacks oi . .maize were, received from_ Sydney, and tht -iWeiotahi also brought .'small shipment! from the coast. The price this week showi a decline of 2d per bushel, prime lots being new quoted at .3/ to 3/1 for wtiolesalf lines , on the wharf. Unfortunately, most oi the eo*stal maize coming forward is of pool quality, • being pinched and showing sign! «f the effects of the-frost. In consequent «f this buyers show disinclination' to buy and some lines hav-e been stored until t barer market creates a keener demand. Oats. —The oat market remains yerj weak, as there is no hope of export from i the colony. Now that the wool season is en, and plenty of cargo is offering, thert .Is no need t-o cut freights to co_mplete load- - tng.' Tie- remaining- oats- in tbie -colony af« " more than sufßcientr-for requirements unti - the_new <rop Is ayillable-from-Canterbnrj in jannary, and from Southland next April - Meanwhile,' buying "is "only--proceeding.' tc Z meet immediate requirements,'.^apd^B-grade eats are now quoted-at .S/6 -on ,'the wharf, Wβ ex store...". "*"-.~{ ■"*',' ."? -' ... -ri Chaff.—A,very, weak mirSet>is arepprtea far chaff, as snppliea'.-cdßtinne to come forward very freely- • Aβ-a result- of this, local chaff >■«« declined- anotber ' 2/e. _pet ton being quoted at "£4-10/ te ii 13/6 at rail, while prime' Soataern-chafl In store commands £8 per ten. - •" Onions are more plentiful, supplies from Sew .South Wales being large. J *how a "further decline to : 7/6 • per cwt. -Whea 20/ per ton duty and ts/ freight has been paid, and allowance is made for com- - missions and .profits, the unfortunate grower to'-Sew, Sontii .Wales will net harre mnch jazTrln left. - - . Fowl wheat is in food' <fe»tn<3, us atocts tk atws ace pglit. &ices tuae t bowrvet^

store. Milling Wneat.— Prices continue steady Sw r d«S 0 V X ? e< 2! d -** , = h » n ee. until ining definite is kno-wt towards next barZVHi. At Preset -.reports are. made that the north-west winds in tie Sooth damage to the growing crops. fe Bran and Sharps are dnll of vi e Bow . and-ae cheap freights ai-e no offer! M «' export of bran to London haa leased? Agricultural Seeds—The rains this week wUI do an.immense amount efgood to the growing oat crop, ac the late sown aiiaw were m many parts showing- signs, of entering from.tte recent spell of dry, hot weather. In tie district enirnnndiag Auckland,, it is estimated that the rains wUj mean a gain of thousands of pomids to the farmers. Steady business is being done in tamip seed, and .a small demand is reported for seed maize, prices being unchanged. Other lines are-tmiet. Seed potatoes still are wanted, and the arrival of the Bucentaur wita' Canadian Bnrbank seS is-awalted, and these are being sold to arrive at £12 10/ per ton. THie fact that seed potatoes are wanted in December shows what a change has taken place in the climate here during the last ferf years Manures.—Good busirfess is reported In all lines of manure. Leading "brands of turnip manures are selling freely at £6 15/ Boncdnst shows a strong market, and the advance reported last week has been fuli-r maintained. Superphosphates axe. la eteafty demand at £4 15/ ex store. AUCKLAND PRODUCE 3IABKE2K. Farm and-Dairy Produce.—Buttett, tacVT* banners , separator or dairy butter, Sd per Ib; fresh eggs, 9d per dozen, wholesale; cheese, farmtsca', 6d to id 1b; factory, 7d. . Plour Market.—Flour, local, wholesale. ! £8 15/ (less discount); wheatm«al, £0 15/----bran, 1601b, £4 5/; sharps. 2001b sacks £4 5/, oatmeal, £14 per ton. 25's. Grain. — Oats. B grade, 2/7, ex store; Southern milling wheat, 3/Q to 3/7, f o.b - sacks extra; fowl wheat, 3/ej. ex store, sacks in; maize, 3/ to S/.1, for wholesale lines on the wharf;, seed maize, 4/ to 4/6. Votatoee T— Australian, new, £0 10/ per ton; local new potatoes, 12/ per cwt. Chaff — Local, JJ.4, la/6 to «Sis, ex store. Onions — 7/6 per cwt, ex store. Coal and Kirewooc ilarketsl -Newcastle coal, at yard, 27/ yer ton, delivered 32/; Westport, SO/; Tawpirl, best household, discount 1/ lor cutsft.; iialf tons, 15/, discount 6d; quarter tons, 7/6. discount, 3d delivered, 12 sacks to the tou tons, 28/, tor cash; picked steam, 12 sacss to tie ton • — tons, 24/. discount 1/ for cash-; half tons, -12/6, discount 6a for cash; quarter ton*, 6/S, aisconnt Sd lor casn; union CoMety, 23/ per t»n delivered, nan ton 12/, quarter ton 6/3 steam coal, 21/ ton, 11/ nail ton m and 5/» quarter ton. irirev.ooii: Uncut, at wnart, 7/ to-»/ per ton: delivered, 12/ uncut, ent 13/ to 1»/. Building Material. -*■ FUtches, all Heart, ie/6; boards and scantling, undressed, 100 ft best, 17/6; medium do. do., 34/; 2nd class do. do., 10/6; tongued and grooved. Ist class, 19/6; medium, 16/; 2nd class 12/6; rusticated weather boards, Ist class, 13/6; medium, 16/; 2ud class, 12/6; undressed boards, thick, best, 14/6; medium, 12/; 2nd class, 8/; rough lining boards, 3-Bin, 2Ed class 7/8; lining boards, planed, tongued and grooved, beat, . 19/«; medium, 16/; 2nd class. 12/6 (specinea lengtns, necriu£, Uulng, and weatnerDoards, l/t> extra); boat boards, speciaiij selected, 19/6 for lie, 18/6 for 3-Sin; kauri paJiugs, rougn Heart, sit, lie/c per luu patlngs; rougn Heart, Bit, 2U/B; ti-tree rail, £3 10/ per 100; purirl" posts. 1/ to 1/6 each; sulngles, 15/ per luuu; Uonait palings, ott, 11/; crt, is/; rails, *su/; dry pressed brlcKs, tEi/e per lUOO; ordinary bricks, 60/ per looo; Hre bricks. 2iln, £8; and 3in. f» P*w , iouo; are clay. 6U/ per ton; nydraullc lime, '£/ per cwt bag; drain pipes, at works, -in am socket pipes. 2lt lengths, 7d eacn; 4in. 10/; Bin 90/; 41n. 130/; 6ln, £15 per loou; Grain tiles, r_"in lengtns, 50/ per 1009; -Jtm., Sd; 6tn, 1/; uin, 2/; I2in, 3/; ISm, 4/6; lain, c/; 3iin, 8/; xw. G. W. BINNBY AJfD SONS' BEPOET. At our weekly sale we submitted and cleared large catalogues of hides, sheep- '■ ekias, tallow, etc. Hides.—Os extra stout 7d to 7Jd, stout 1 3|d. to 7d, medinm 6Jd to 6§d, light 6d to 6£d. wet and scored s§d to si"ii: cow. bast i lines 6id to €Sd, good 6d to.6|d, wet and i scored sid to sfd. stags 3fd to 4d per lb; : calfskins, .6d to 6M per Ib. i Sheepskins.— Firm.- Large 7/6 to 8/D, me- ■ dium 5/6 to 7/, small 4/ to 5/, pelts and s, lambskins 1/9 to 2/3 each. r Tallow. —Te'ry firm. Best mixed In ship- ! ment casks to 20/6, in small -casks and pack- ; ages to 28/,, .good 23/6 to 27/, medium 23/6 s to 24/6/ inferior 19/ to 21/ per cwt. Rough r fat I'd per lb. ! Bones. —£4 15/ per too. Cow tails 1/7 ; per dozen. 1 NEW ZEALAND LOAX AND MBRCANj TILE AGENCY CO.'S, LTD., EEPORT. 1 Horses-—Owing to Friday being a public holiday we held no horse sale at the Duri ham Yards on Friday. • On Atonday, at the special sale of dairy i cows and hells held at Papakura. there was ] a good yarding, and anything close to their --■ profit sold well. Dairr cows sold at from £4 10/ to £8 7/6; backward do.. £3 5/ to » £3 5/; heifers, £4 2/6 to £6 10/; bulls, £2 10/ » to £6. Cattle. —At the Newmarket Yards an 1 Tuesday there was an average number o.f r dairy and store cattle yarded, and an r average supply of beef. ■ Dairy cows- sold at s from £3 10/ to £8 15/; empty cows, £2 5/ to £3 15/; calves, 15/ to £1 12/. Bidding i for beef was scarcely as brisk as on the previous week, although quotations are the t same, oxen selling to 24/ per 1001b, cow i 17/ to 20/. Oxen sold at from £7 5/ to £12 j 7/6"; cows, £4 5/ to £6. In many cases the r fat" cattle were not up to the quality that t we have been yarding for the last few > weeks. First' prize-takers for three-year-l old bullocks at the show realised £12; second-prize bullocks, same age, £12 7/6. Sheep were yarded in usual numbers, and met keen competition. Wethers sold at C from 18/9 to £1 2/6; ewes. 17/9 to £1 2/6. a Lambs, in full supply, sold well at from I 13/6 to 18/6. Thos. Coatee: Five sheep, t first-prire Down sheep, £1 2/9, R. and W. I .HtJiabv, Limited; five sheep, second-prize « Down "sheep, £1 ■!/, W. Kllgour. i During the past week we disposed of \ 110 acres of Alfred KMd's. M.H.R., Arrowville Estate, Waiuku, to Mr. E. T. Bent at " a satisfactory Sgure. • • _We snbmitted a large catalogue of hides, skins, tallow, etc, on Tuesday, all lines " being sold under keen competition. , Hides. —Market firm at last week's prices. J We quotei—Extra stone ox, 7d to 7Jd: stout do., 6Jd to ejd; medinm do., 61d to 6gd; lisrht. do.. 55d to eidi cow. best lines up to 5 6jd, good ogd to s|d, wet s}d to 3|d; stags , . 1 4d to 41d: kips, 5d to.oSd; calfskins, 6d to - 65d. 1 Sheepsfeins.—Market firm. "Best butchers' 3 skins, large up to S/7. medium 5/6 to 6/3, - small 4/6 to 5/; pelte and lambs', 1/8 to r 2/s. ■ i Tallow.—Market firm. Best mixea. up to f 28/6: goods. 26/ to 27/3; inferior, 21/ to 34/6; - rough fat.l}d per lb.- " i Horsehair, 1/ to 1/6. k Cowtails. 1/8 dozen. t Bones, £4 15/. s Maize.—Market is easier, and maize is i quoted at 3/2 ex store for medium quality; - prime is renlisinp a little more. • t Oats are very slow of sale at 2/6. Chaff.—The market Is dull, and very 5 prime is only rcilisins £4 10/ to £4 12/6 at the rail. . Wheat is in good demand at 3/7 to 3/8 ex *: store: , c keen demand which hae s existed for some time for farmers' separator 8 butter has-now-ceased, and the market is " dnll. ' Registered boxes are receiving fall ? attention .from exporters, and prices are ,r ho'ding fairly well. Of the former first r and second, grades -are selling at Sd and • Bid,. and of the latter 9d to 9Jd-; some c choice, lOd. ; '■ Gum. —Market is dnll, excepting for supea rior grades, which are realisinz full prices. S-O. t 106/ to 115/; Bx, So/ to 95/. a SYDNEY WOOL SALES. -.. (By Cable.—Press ABsociation'.—Copyrisnt.' , l jr - - „.....„ . SYI>KIE y' P c 5 el ? be S_. 5 - L - At the wool sales to-day competition was c>; brisfc - and strong, for all the-higher classes g at late rates.