FINANCE AND COMMERCE.

Dominion, Volume 1, Issue 26, 25 October 1907, Page 7

FINANCE AND COMMERCE.

' ; ,' r -.THE'SIIARE MARKET,.v.-. j tI Thor.o Vero three ..sales,reported',on' the, Stock Exchange yesterday,"but apart from' that-the tone ; was:quiet.'Wellington Meat Exports .Third issue hadi quittance at..iCJ.te., thesamo.prico at: which; tliojvwere' previously sold; and'yiclrtr ing'•& i£6;ffs. '3d. per cent. »*elingtonl Woollens, .were, transferred at ,£3 Gs., and. this yields £7 ss. .Gd. per cent. The previous at tlio' Game'price.' V. estport Stoclctoii : Coiil''shares'wero 'the third lot: to be V triitlsferred,' ' the; price -registered.. being Ss.; ' buyers f.\vero still .aviiilablor.with offers of, 7s. , '9di'.' Westport Cqal. shares wore.in.strong de-, mand at j£7 IGs. Gd. < ■ Banking shares exhibited no change as com- ■ . pare'd!;wiM.;tho ; : previous>day./ ; 'Nationals,'.were wante.d at, i£a,Bs.,; \yith sellers at',£s 9s.;'and ? Zealands J at' iStf.'lOs., sellers .£9 17s. 6d. Insurance; shares.! were. not. .quoted.,,. Financial . shares-were.'neglected;,thi/re,..were ,'no. declared, '.'.buyers, while sellers.'. were' goffering' I Wellington . Inyestmont'shares'at 12s. 3d. I ,'aid' Loan jfer-' ' i cantileyiat 1 7s."''jGas : shares 'aro : ,without inquiry,' ii except''Sbkitika Gas',' which 1 were wanted 'at *.£4 / 15a:-'' i 'I 1 were offered -at 18s., ' , affd Wellington- Gas'first issuo r There ; was nothing .doing in meat shares;, except-, for , tho sale ot Wellington- Meat Export shares referred Wellington ancl-Manawatu Rsiliifwdrb "again lon offer. r at ,-iUs.i MosgielYWoolr ,lens at and Wellington Woollens at .S3 Gs. D.1.C." PrefSrencfa' 'shirra*' were submitted at 23s,.'.while-Wellington Opera ''House: shares were ' in yfirin ;de,mand-at £5 flos.-.,;The, miscellaneous. ; jneslopteilt j:,-..•' r , , THE MINING MARKET ' /'T.here;was , rcomparatiTO 32ietness r i'n the niih- i tng ; seitiorii *Siiles' , we'rb. made-of' Talismans'at . £'4.''7s.' Gd.vior'iGd. moro than on tho • previoiiß show, a;, strong upward .'trend, 1 , which : isiin. stnkingtcontrastito.the tendency . displayed,;by , Waihis; : .which are again weakening, and sellers were willing to accept .£8 Gs. i y??tc rt !ay,,.whilg,.on the-previous day sales were mad9,at.«£B'7s. Gd..:to;jßg.:9s.v; New..Una shares a gaiit",changed .hands!at Gl'd.,.The state of the tab! market 18 shown 'iir the'; following'

m ■ Buyers. - Sellers. . Sales. ...-.,,42 ,V ,3., .£2, 8 0.-. „£2 ,7 ,fi5 3lhl T r — -o'-^'—^ 0 GJ ■ '' THE ' NEW YORK 'PANIC. ' ' , oif jNew-iTork appears to the., Knickerbocker Trust /Comrav]}?r'WSply,., Knickerbocker.", is,,a ' affected ,"by the exclusive set in ii 6 !i''s& rk, '^ d ' :naturall y'''enough 'the'elients °f. tne Company of that name were he elite ,of .thß; city.; Xlic Stock Exchange depression has been /called;a/richi'ima'n's,crisis, • and Jt.is not improbable that-some of the clients 0 .Trust, are .heavily, ;n----jolyecy owing to- tho' shrinkage in" Values'of jne and ..other, securities. . Possibly the. run _ on the institution started through in unprecedented:! number', calling'k simultaneously for-recovery;of not because they. of;-.tho. ; institution's - safety, but lO legitimate. .private, demands." The Knickerbocker,;• Trust,...must have' suffered i^"fc^;^''S u eh;;ca«Be<;«ina,the knowcustomers. 1 of .the trust were calling- their; deposits would' easily ' cauta a;,scare -at-, a 'time'-when'panicky conditions' 5. ro •™9?t':pronounce'd : .-i'v,The'v".Knickerbocker /Snnm : ' a '-Pj^P-'capital of., 1,200,000 dollars u 4W>>:»ndj-the, deposits, according toi.the HS s - sa ? e '' .- t( ?, talI ?« ■' <814,009.000,; or,, nearlv, •£•>,000,000. .more 'than, the.'fixed • deposits•:hclß by. the/bankSvin. New Zealand, .. .The stock, of tliiß ;.col)cer,n -.is in 100. 'dollar' shares, and' -ri°ePAember. tho.'shares'.wero; quoted at 1175 dolla'rs.jjlt, l ,is;.hai , d to-distinguish between'banks and - trnsti 'companies of - America,' ; - for'-'their business.;isi very Isimilar.;'According to figures were- in New-York - > lJrooKlyn 153 banks and trust companies, the Knickerbocker Trust, being one of the largest.;; The suspension is said to be temporary ,'; but ''that;. call''' be. .'taken' /for', " what at worth, ahe company; may have plentv )f assets, but it is a question whether they were or .a-quality.to be,of .use-on an occasion such as the .present. If they were, then it is lingular /.ther-iOther < banks did: not , como to the assistance .-.of; .the: Knickerbocker Trust.. • . Mr; the Secretary to . the: Treasury, -xjjre.ssod, his , wil]inghoss.,'a few--days ago oo aeppsit.^fifteeri--*million; the. Now York banks, arid some of this money ought to ha,ve';be6n available to a' 1 borrower with 'good securities; to pledge. 1 ' Fresh developments will be ,jawaited with '(interest: .In • the meanwhile * ltvWilli.bo noted',that'-tho -wheat! imarkets-"f .New York, and; Chicago are depressed: 'There will, bei forced sales, or ; ;whent, and :prices will go down; .

TIIE BREADSTUFFS MARKET. ! : Tlio ■" projected ' temporary' abolition' of the. duties on wheat and flour is causing consider- 1 ablo agitation amongst those, directly interested, but particularly ■ thc-floiirmillers, who SfS P C }V!.^ many claims for consideration. H.ii.put, flour,'oatmeal, an<T potatoes are at high Pi'iws.^/high. enough,-to cause the 'consumer s?ff9>- < J9 l W rn , : . ?<j4 the matter must lie .viewed ••colour. .'ls i now., at h">■■' VB^orn,'Ports; and it,is worth While seeing what margin remains, taknig the cost;of ! wheatrand the market values of flour, br,an, and pollard. The best LthnriK™ agree, that 'it takes;» bushels of Now ZeSand wheat- to grind a ton of flour; that is 2-SSOlb of, grain produces :- .-fr - " 1 - D * 20001b!. flour at' ! R ; d'sjJolb. f br.in at "£6 per . ton " i in 1 n -3rtOJK--poll«ra.at.£s;pfer. ton.Z "Vis' 2 • ■ 801b. Waste',.;. ... V.. ' 1 _ ■ (8 btishcls of wheat at ss. Gil. per : 'bushel 13' I o Balance ... "1 11 0 .The ibaiancoiof Sis. is, not tho 'profit for the working-/ Posts, and horse; feed < in • particular amounts to wo \canni)t'.: say; ; ' mucli would, depend upon tho capacity, ; mill -and the economy, and eihcioncy of the management. But it mus* be . remembered that a . further advance was contemplated,' and'that it was not put into effect■/.was, bccauso probably .of the projected legislation,, Xlour is;higher in New Zealand relatively to the price of wheat, than it is in Victoria or South. Australia, the only States of ;.the'Commonwealth, that can bo placed in cojri'piirison' with .'Now "Zealand.' ' For 'twenty-eight years the w;heat growers of NoW'.-Zcaland have'had itlie benefit of a protective' larilf, rind tho Tiisults'liavo boon far froin satisfactory. : The; area-(lovoted to wheat has varied,r-ind,- generally speaking, the area ha# boon extended >• wied of high priccs,

and 'curtailed, after, a period of low prices.. The 1 ' official : figures.! for the past ten seasons are as uiider:— ■ •;.' Yield per acre. Season'. ' ',i Acres. ' ; Bushels. ' 1897-98.'....'f. 315,8 dl ... , /17.95 . .1838-99 .399,031 .32,76 ~ 1899-00.. .... ... ... 209,7-19 31.81 , 1909-01 ... '206,465 "... . 31.61 1901-02 .'163,462 ... 24.70 .1902-03' 194,355 ' 88.37 ' 1903-04 • 34.26'" : 190-1-05 - ...' 258,015- 35.36 ' •-■1905-06 '222.183 ... 30.60 . 1906-07; . ... .206,135 .>•. ■ - 27.18 '. The;duty has piayM no part-in encouraging production;' thatMiiis been influenced wholly by.. the:;priccs' ; realised.' The - abolition l of> lie duty should therefore not check production; if the weather .conditions were favourable n larger area would bo dovoted to -the cereal than. was :.the case :in; the . past season:, Apart from / this, ' the question arises whether the industry , requires 'any protection whatever. The duty operates ; against ■;imports mainly; from. . Australia, .-whence . supplies .can b'p' easily .drawn,, and;' possibly, .from the Argentine ;and India'.-. .....

New.. Zealand's average production over .eh year's is : 30.4G bushels , per aero, which.' inay be taken' .as', fair;'. the Australian, prbductioh does nbt'excefd 10 to 12 bushels, tho Indian, average is.lo to ll bush.olsi'with a tendency to dccline, and ' the" Argentine ' average, "we"-'think;' is equally . as-small; .'a?,though wo have . not: any statistica iavailable, at tho niomont to furnish a guide. It-is; against: such countries that; our, wheat producers./desire ..protection. It must' not be overlooked that there is always, the natural. protection of; tho; shipping reharges in importing wheat- and flour. These /products cannot, be brought'to.New Zealand except at somoj...cost, ..and that..'is.:;always a measure ; f p)otec.ti6n.'"'lf'our' agriculturists cannot compete i against-.. Australia, -.Argontincr 'and' Indih, with their poor yields, and the handicap .f the.'shipping charges, then it 6oems that the business is, not. .worth , consideration.- .■ •

It is ho arKumont.;to .say that the Commonwealth's 'duties;.,"are' 505.,: against. N.ow'i Zealand's 20s.' 1 There can bo much justification urged on behalf of the Commonwealth. The markets there • are menaced by New 'Zealand, which jiroduces, on- tho .average,. three times as''mu'cli :per acre; as the'wheat'lands of. Australia; and' the climate is more equable. Australian conditions are not to be compared to ours. •:The removal of thn duty .will not kill wheat-growing 1 in, 'New Zealand, for it will always pay growers , to l produce sufficient, at least, for domestic requirements, for to that extent they have the protection of the import charges. The millers" arid" the ' wheat-growers are not the only ones interested in this matter; the consumers must' not (be overlooked,' and.the consumers are'o'rnctically the whole' of the people of . New Zoala.nd. , . : UNITED;, STATES .BANKS. .:. According ..to the ''Sydney Daily Telegraph," on August; 3i there were , 6582 national/banks in the United ..States, with a combined capital of .£184,516,934, or, an average of .£24,'474 per. bank Their;;, note ■ circulation was '~<£.123,227,489, of. which' <£114,101,221 ii-as secured by the deposit of' Government' bonds in,.,tho.Treasury, and the balance; by deposit of, money.. As compared with March. 14, 1900, [when - the laiv ivas passed' authorising the/organisation' of national banks with only, miO capital,: 2965 additional banks have been established, a large number-of them with only the .minimum legal capital. But tlio necessity of placing so much money in Govornment. bonds ]tends to compol tliem to exercise care, m-their business operations, and there are other provisions in .tho law which, restrict tho'gambling, element. : , These innumerable small financial institutions aro a drawback but such as they'are. they- appear to be run on rainy _ s«*ife lines. :

DRIED FRUITS. Tho German Australasian' [Steamship Company advise that the s.s. Goslar is due at Sydney about November G, and, provided sho keeps tilfn iff"! 0 ' i e s' )e . c l' : '° Set tho greater portion of her, dried, fruits aiVay by the Warrimoo •leaving there on .November; 9 for 'New ZeaTHE METAL MARKETS. " BT TTOEOBiPH— PRESS ASSOCIATION— COPTBIGHT. , ' - : ' ■;London, October' 23. !' Silver is now quotrd at 2s. 4Jdl per ounce.' 'frbm IS thn P f' r nHf 1?t tllß . out P ut of quicksilver r?m„ Califonuan.imincs.- is decreasing. ■ on tlie spot, .jao 15s. par, ton; three rn' ? JS,; electrolytic, .£55 105... : 5S ' pcr !ton; 'three'" months,

'TALLOW. amnn-q 0 1 nl!l 0, V aleG ' oasks IToro offered, and 10(9 sold. Pine 'mutton, SGs.'3d. per:cwt medium, Od.; fine beef, :355., medfum, 335! DEBENTURES. stR 0 5& Z aue d ' 4 ? ~!r cent * Bnarantiod

(Rec. Oct. 24, .9.27 p.m.). Tfj mi , MjßiiotniKß, '.October '24. ; Hides.—The supply jg moderate, and there is good - competition. Inccs.'aro unchanged. THE i WHEAT .'MARKETS. BX Tr.'.j'GI;APTI rII ESS 'ASSOCIATION —CCH'YP.IGHT. New .York', October , 23. The. wheat markots of New York and Chicago; are depressed, reflecting tho demoralisation on the stock, market. ~

1 London, October 23.- . Tho American visible . supply of wheat is 61,271,000 bushels. .; Sydney, October 23. .Wheat is now quoted at ss. fld., and pollard and bran la. lOd.

(fbom our own corheskindent.) . Dunemn, October 24. . A lino of wheat wan sold to-day at tho record price of ss. 9d. on trucks (sacks extra), and it is said that tho merchants expect a still higher figure to bo roached oro the week is out.

FROZEN/HEAT MARKET. [bt TELEniunr.—press association.]

Nai'jer, October 24. The C.C. and D. Company cabled tho following report regarding tho,frozen meat market to-day:—Quotations for best Canterbury mutton, .'IJd.; Napier, Wellington, and North Island, Ssd. Lamb—First quality, sid.second, s}d. Beef—Hinds, 3Jd.; fores, 2Jd.

LIVE STOCK MARKETS. Christchorch, October 23. At Addington live stock salo market thero was a moderate ontry of stock, and a 'a'ir attendance. Beef was somewhat easior. Fat lambs sold at about tho previous week's rates. Store sheep sold well, and pigs of all classes wero very firm'. There was a limited demand for store cattle. Dairy cows met a dull sale. Thore was a small entry of store sheep, mostly hoggets and ewes niul lambs, and tuey met with a very good demand. There were 120 fat lambs penned, of very good quality,' and they sold to tho local trade at 17s. (id. to 21s. 6d. for best, and 14s. 3d. to 17s. for lighter. There was a small .yarding of fat sheep, including sovqral lines from the south, and thero wore a fow pons of shorn sheep. Thero was a good demand for primo sheep, and unfinished lots' were competed for by graziors. The range of prices was—Extra primo wethers 355:, prime 255. to 30s 9d., others 21s. to '>45., shorn wethers 21s. 3d. to 225. Gd., prime ewes 235. to 275. 9d., others 20s. to 225. Gd., shorn owes lGs. 9d. to 20s. Gd., prime merino wethers 18s. Gd. to 21s. Gd.

The ontry of fnt cattle totalled 271, all being local entries, with the exception of one small lot /of North Islanders held over from tho orevious week. Heavy cattle were easier, but handy: weights sold up to last week's rates. Steers brought M 10s. to ,£lO, extra to , £13, heifers ,£G 10s. to =ClO, cows £5 10s. to £10 2s. Gd,—equal Us 325. for extra prime, 275. id. to 80s. for prime, and 225. to 275. for medium per lODlb.' A fair yarding of veal calves sold at 21s. £d. to 605.,. according to sizeand quality. • There was a fairly largei yarding of store cattle, mostly young stock, generally in ow condition, and old cows. The demand l was limited, and prices, except in a few cases, were on a.par with the previous week, Yearlings' made 18s., 15 to 17-months 225. to 355., 2-year steers 455.' to 505., heifers 425., 3-year' steers ■•'&& 45., 3-year heifers £3. 35., dry cows"'2os.'tp:sss. ; Thorc was a' moderate lot of' dairy' cows, in low condtiion., Sales were made at JM ss. to £7 ss. • '

There was an average yarding: of pigs, and all classeswero again in keen demand at high rates! Choppers sold up to j£G 7s. 'id., heavy baconers £3 to £i 10s., lighter 48s. o 555. (equal to 6d. per lb.), heavy porkers JOs. to 445.,' lighter' 355. to 38s. (equal' to' GJd. oer lb.). . . ■.: '■

The New Zealand Loan and Mercantile Agency Co.. report:—At Palmerston North on Thursday a heavy yarding of,,cattle came forward,*'and there was n good entry -of sheep. Beof was ill good demand, and sold well; and there was also;:a good enquiry for fat sheep. Young cattle sold well, and; although wo passed .sevoral lines at auction, owing to vendors'- reserves.being on tho high side; we were successful in quitting practically the whole yarding. Y/e quote:',Sheep—Forward ewes and wcthors, 18s.; . fat .ewes, 21s. to 21s. 9d.;cull ewes and lambs, 16s. '6d.;'hoggets, 15s. 3d. Cattlo—Yearlings, 18s. to 225. Gd.; storo cows, 2Gs. to .'.£2 55.; springing; heifers,, „£3 to ,£3 17s. Gd.; Heifers;in calf, £2'7s. Gd.; yearling steers, £2 10s.; forward cows, <£3 10s.; thrco-year steers, .£5 55.; fat bullocks, ,£9 15s. to «£lO 10s. -■Messrs. Dalgety and Co. report as follofr on their Palraerstou sale: —We had a good yarding 9f catpo, but bidding was dull, and the majority of pens werei passed at auction. A lino of extra prime fat ewes realised 255. Gd. ■' ' PRODUCE REPORTS. • Laery and i'Co./itd., Wellington, .e----port the following wholesale prices n the , market :-Wlu>at, 55... Gd. ; oats, 4s. to Is. 3d.; barley (fowls), 3s. ad.; Cape barley, s.; maize, Is. Gd. to 4s. 9d.; horse beads, -Is. 2d. io •Is. 4d. ; crushed malt/ Ss.'; partridge peas, 4s. 9(1.; Prussian blue peas, Gs.; fowl peas, Is Gd-; .ry.econi,.4s. Gd.' (all at-per bushel). Flour (New, Zealand and l 'Australian), CIS 155.; pollard, ,£7 55.. to JC7 10s.; bran, .£5 15s. to vSG; pearl .barley, ,i£ls; split peas, .£ls 10s.; 1 bean meal, £S 155.; bonedust, ,£G; superphosphates, £p 55.; chaff (oaten sheaf), M 15s. >o .£7; onions, J29; 'oatmeal, eGI7 to dClBj potatoes (derwents), <£G to £7 (all 'at per ton). Bacon.—Factory sides, 8d.; ; hams, B{d.; rolls, Bd. Butter, (bulk, pastry), Bd. to BJd. (all t per ,1b.)., ' ■. ~ ,

.. Poultry 3s. to, ducks, Gs. to 75.; turkeys, gobblers, 15s. to 225.; liens, Bs. to 9s. (all'at. per pair). . ; Cauliflowers, 10s. to 205.; cabbagcs, 9s. o 18s. (all -at per sack). Fresh eggs, Is. to Is. -Id. per dozen. AUCKLAND MINING. '. . [ii TELEGRAPH. —OWN CORRESPONDENT.] ; . . Auckland, ' October 24.- • Waihi Grand Junction.'—ln 'a cross-cut south, about 20ft. .from the. shaft, a 'newreef las boon;,cut in.the Waihi Grand Junction Mine. It, has been driven upon 3ft.; and further development , will be necessary to -enable its valuo and , identityto bo ascertained.-, .Preparation's are' well in ' hand : for' .'the sinking of -the shaft to 1000 ft. Alterations to. the battery, plant will shortly increase-tho company's output; . - I'v Koinata .:Reefs— Encouraging devblopments have taken ,place, in the .Komata Eeefs Mine. At No. 5 levol the drive, has run :into re of good width and value. Very good ore has also 'been'found at No. 3 level in No. X reef, giving very high values occasionally. On the Stock Exchange to-day tho' chief sales were:—Waihi, .£8 Gs. to ,£B'ss. 9dl to 65.;;,. Talisman, ,48s. 3d.' to 4Ss. to 4Ss." 3d. ; Crowns, Gs. lOd. 1 : ' CUSTOMS: DUTY. , The Customs duty collected at Wellington yesterday amounted to ,£G6G2 19s. 7d. ' ' ' !

WELLINGTON SHAME LIST. ' coapure 'V 33 FEI0ES ' "" • ™ d f£*EI. S™ aaro ' .*3 '.J®™**/ Soller - • mvostor. -'■'v-thvJijANKa',•-■'*, ■'.• '■•' -.'.'.'iv'. • ■ "'i'.' ; ,'j.' ; £ sn.a. : .£ 8, a. . £ s. d. f s. d. - 2,CCO.OOO . ; 281,676 . $ 3i ■ JO n in 0 017 6 'KatjteaP ' 376,OCO"- 335,313' -'A '16 12 6 8 0 6 0 0 • ' ' ■ • . : „ - • National', - - • 300.000. . E38.243 . i unltd. 16 ,,1 6 0 1 7 6. 1. 7 0 , 6 11 1 "New Zealand ECO.OOO..'. 836,785 . .8. 10 120 ; 1 3 0 ' Bouth liritiiJi "- L ' 100,000 ' 512,409 1 unltd. 90 6 15,.0 ; Btondard: - 75,000 > ; -;,83,16S: ' S -' unltd, ,10 l l 0 1 2 0 'jV.FINANCIAIj, ■ ■ • : 1 ' ■ EquitabloBuilding. - £0,000 : . 44600' 5 5 10 10 0 0 10 6 0 10 2 6 4 18 0, MotrotiolltanBnilding 2i;000 \ ,5,229 ,30 nil 7 12 0 0, : • ■Willhiyton'InTeat.' ;' 1 50,000 ' '3,933 ■ ' 4: 1. 6 0 3 3 • ."Wel'gtori Trust A Loan - 10i,'l r & -, '£0.620 , ,- 6 ,,5 8 ■. 7 10 0 7 10 0 5 6 8 National Mortgage.. .,r .,200,000,. 112,250 2 ,8 10 3 3 6 3 6 0 3.1 0 .6 6 0 N;Z.'and Giver Hatd--, 300,000 230,303 ' 1 nil 7 -1.0 6; 110 0 Iioan andMorcaiitilii - .-157,353 i : '85 5 , j-; 0 7 0' AucMand 5^ '-iV,:-- . lisb,370.- . 80.552 , ..B . . nil 16 u 0 0 ' 21 5 0 Chrifllchurcli ' - 152,000 ' , 65,087 6 nil 10 - , , , 10 7 6 Feiiding' . 30,805 " ■ . 103'" >1: ml - , . .018 .0 018 0 Gisborno':"'17,100:'. , .0,230. '1. nil, 12} • 2 13 0 '213 0. -■ • • • ■ ■ . Hawora .-r' - , 8,250: COi | i 10 110 . -13 0: . NewPlymouth - « 38,000 . 3,159 5 nil 10 . . , _715 0 Kapler . : 9 Bil 15 ' 25 0 0,: r»$.. 49.0S7 • 22,517 .6' 5 . 15 : ,16 0 0 ;J.y .i'-'S 1 15 3,7 0. Falmersi'or./ North I - - 27,000 ■ JWg, . fj> I' JO' q- 2 6 ' 7 2 6 6 6 4 Wellington'- - 124576, 67988 10 nil 10 10 0 0 -19 0.0 Canterbury:,?-- •483,727 . MM. JjJ Sit 8 8 0 0. Cbristchurch /- ' - 165,920 .'64,337 ' 10 nib ,8 1010 0 1012 6 10 10 0 712 4 Gcat- > - ' • ffi ,ooo}', - W9J _ \ ', ni 6 l - Jo 2 ' 7 '0 - 5170 Wellington Meat iiip. : ' ' : ' -)' - - ni '- g 613 6 105.766f - • 63,767 ' '<Lg ' 1 8,526 ■ Vi-ii '■ '.ir. i,'. ! | • 23 8' 35 0 '3 6 0 3 6 0 6 7 3 Vfanganul -r./I . .15,850 r. ., 11,-iOl. : - 5.. nil. 8 3 5 6 5 5 0 TRANSPORT. . . \ '■ W. & M; E'ailway.. : 7- 170,000' ; 1 .121;463 • • '1 i 7 12 2 0 2 2 0 3 6 8 KX Shipping .sraj,,.-. 473,810 ' 113,751: -.-8 -n . 5 ,6 0 0 Union Stoamr.f.- y,- '.C00.C00, . s,472^fta. -.10;: ; ,iiil. ,10 ,18 10.0 . 1810 0 5 8 1 , F.orry,-,.v- -HiiSoO/- 65. f 1 nil. < 6 .'-0180 : ' Wcatport - • 5£0,COO '' .117,915- ■ 35! :lji ' 15 : •' 71G 6 '- 718 6 '717 0 "6130 Taupiri - <j- • 12,£<0 : .-,'- 6,330 ; 1 . nil. 7J ',.019 0 1 1. 0 AVOOI/BES. > ■ .... Kaiapoi-, : - .IICO.OOO. 6 nil. , ,6 : 5 0 0 ' Mosaicl -' - M.467 -17,163 -' '•3i'; ,. !lf ft 2 19 0 3 0 0 Wellington to,000- :;24,368i ' ,4. ' - 6 3 6 0 6 0 .3 6 0, 1-,-S I :11ISCISXiIiANE6ds, . -;V-„ Ponaghy.Bopo,. v';- 47,000;; ■ ',10' .,.n[ .6 7 6 . Leyland'i'O'Briaii- £5,000 34,065- - :, 1. ' nil , IS' 2 6 6 2 6 6 : UaaricevilleLimo".-7,000,.-! . •' -J nil 8 150 ■' K.'/iCandlo'--. : 10,000.. -.10 • nil - 20 0 0 H.S5.;Drugs. ...tCO.CflO . , £4,514,. -.a.' n 7 210 6 211 0 U:z.'Pipor'MillB" ■ '.'91,755 V '1,177" "-'l- 1 ;' nil 7; 1 8 6 1 1 0 1 3 7l 619 0 K. ! ii;Combnt- : 40,COO : ' 2,043. • 1 ' nil 8. 110 a Jdannlng & Co/. r -• -"i- • / 37,670 *. ., r .10 ;-'4 i0 0 • ' • 1 Ward.ffi Co,",.-.; , - ,, 60.U00 . .20,655....: - 4; .i: 10 C H 6 Wgth. Opera Houso- 28,630! '1,705 .'6/ nil ; 8 r -'-C 10 0. ■WgtbiTicsh' Food ■ ,;28,s01 r .. -v-f.l ni 0 a 0 , - "\Viiitcombb'(k Tombs £0,153 f •= 5- ,j ; ail •• io 11 ' 410 0 • fijiarland, Limitoii;;!-;- 1 r ; , 0.3U -Vi'018 0 '"-ry.il-) i-;Cr'l' ; V- r-r-T' : ' '•