COMMERCIAL.

Dominion, Volume 2, Issue 460, 19 March 1909, Page 8

COMMERCIAL.

THE SHAKE MARKET. Yesterday's market was affected by.-the holiday of the previous day. Business was very quiot, and the only sale reported was that of Wellington' Moat Export shares. S!i 12s. 6d. paid, at £3 Is! There were very few quotations. • National Banks, buyers £& 2s. 6d., sellers .£5 45.; New Zealand and River Plate, sellers £1 13s. 6d„ 'Wellington Gas, £10 paid, buyers ,£l7; National Insurance, buyers £1 Bs.'. 3d.; Gear Meat. £1 paid, buyers .62 10s.; Meat Export, .£2 12s. 6d. paid, buyers *C 3, sellers Is. 6d.; Manawatu Rails, buyers .£2 lis., cellers .£3; New Zealand Shipping, sellers £1 Is.; Union Steam, sellers £1 15s. 6d.; WestportStockton, sellers Bs. 9d.; Kauri Timbor, 15s. paid, sellers 155.; Leyland-0 Brien Timber, tellers £1 2s. Gd.; New Zealand Portland Cement, .£1 155.; Ward and Co., brewery shares, sellers £i 12s. 6d..;, ■;... , ;,',| THE MINING MARKET. Sales of Talisman at .£2 ss. IOSd. and £2 6s. were reported. There were a fair number of buying orders, but speculation is inactive. The quotations were as under:— ■ ' • Buyers. Sellers. Sales. £a. d. £e. d. '■£■ s. d. Talisman ....... 2 5 9 2 G : 8 2 GO Waihi ... ... 819 0 9 0 0 Waiotahi ...:; ... ■ - 02 g •TV Tairua Broken Hills 0 10 0 13 Consolidated Goldfields 0 12 G — - — Big River ... ... 116 fi 2 16 - Blackwnter ... M » ,■ - " - The Customs revenue collected at Wellington yesterday amounted to .£3812 ss. lOd. FRUIT AND PRODUCE VREPOBT/..- ->- Messrs. Griffiths. n'nd;;Co;,\it(l., report yesterday's sales'at their fruit and produco market as follow—Potatoes, choice, Cs.; prime, 55., ss. 6d.;'onions, 65., locals; cabbages, 2s. sacks; cauliflowers, 3s. to 3s. 6d. 'sack;' peas; choice, ss. 6d.',)65.; 'inferior, 35., 3s. 6d. part sacks; beans, 6d. tols. 401b. sacks; tomatoes, choice, Is. 6d. to.ls; 9d.; prime, '15...2 d.' to>ls. 4d,; lettuce, choice, 25.'3 a.; inferior;-9d.'tols'. ; ana case'; phi'ms, choice, 35., 3s. Bd.; ordinary, 2s. Bs.; aprico'ts, out of season; peaches, choice : dessert, 55., ss. 6d.';.prime, 3s. 6d., 45.; cooking, Is. 3d., 2s. 6d. j"choice 'dessert,'B3. to 9s.;'choice, green cookers; ss. 3d., ss. 9d.; prime, is. 6d., 55.; nectarines, 2s. 9d. to 3s. Gd.; pears, eating, Bs.; cooking, 55.; eggs, Is. Td.'doz.; fowls, 35.;Bs. 6d. pair; ducks, ss. pair.. The market was ' very weak in ainiost" all' lines, especially peaches. Potatoes, however, have recovered ' 6onlewhat,' arid for real g00d.,-Hnes there is a •better feeling;. Very heavyi;cpnsignments were forward from all quarters yesterday of fruit and vegetables. ~' :■..*. ' '. , LIVE STOCK SALES/ . Messrs. Dalgety and Company,-Limited, report as follows':—At our Palmerstpn sale yesterday a heavy yarding of small entry of cattle'came forward. Wo quote:—Small lambs, 4s. to ss. 6d.; rape lambs, 6s.- 9d. to 75.; small mixed two-tooths, Bs.; s.m.-ewes,- 75.,-7s. 7d., to 9s. lid.; six-tooth and f.f:m." ewes, lis. to 125.; two,and four-tooth,wethers,' 10s;; mixed weaners, Bs.; "forward empty cpws, to £1. Messrs. Abraham and Williams, Ltd., report that at Palmerstoh North yesterday a full yarding of sheep, principally aged breeding ewes, met father a dragging sale. . Several lines V of good f.f.m. ewes met with keen competition, and realised good prices. Tho yarding of cattle'was smaller than usual, and consisted chiefly of female stock, for which the demand was not particularly good. Quotations:— Big.framed, good-conditioned aged ewes, ■• 10s. >7d. : to lis. Id.; f.f.m. ewes, 9s. Id. to 10s. 6d.; f.m. ewes, 6s. Gd. to Bs.; aged ewes, ss. to 75.; cull / ewes, 3s. to 4s.- 6d.rlambs,''ss. : 9d: l to 6s. Gd.; fonr-tooth wethers, 10s. 3d.; two-tooth ewes; 12s. 7d.; Romney rams, 15s. to light, fat cows, .£4 55.; forward cows, £1 Bs. to £3 55.; store cows, 355. to £2 55.; empty two-year heifers, 33s.;bulls, £3 7s. 6d: to £i :125.. 6d.; weaner steers, 15s. WHEAT.' (bt TiLianirH—rnKss association—co?trtcht.) . .London, March .17. ■ Wheat.—Three, cargoes of. Australian ..sold at S9s. 6d. and a fourth.cargo and 15,000 quarters of January-February shipment at 395. 3d. ..Two, other cargoes realised 395. 10Jd. and 40s; re--spectively. »■■'.'•' ,■ The American visible supply .of f wheat east of the Rockies is estpated-'at 64,361,000. b)('sheU>^ TALLOW. ' ':' '■■"'■■" At the tallow sales, 787 casks were offered and 536 sold. : : Mutton, fine, 335. 3d.; medium, 80s. Beef, fine, 325.; medium, 295. 9d.; The New Zealand Loan and . Agency Company, Limited, have, received the following cablegram from their' London house, ■under 'yesterday's date:—Tallow.—We quoto, present spot values for the following descriptions of tallow:—Good mutton, 31s. 3d.; good beef, 30s. 6d.; mixed, 28s. 9d. Market quiet. ■ ; " ■' SILVER.-/, v "'.= - ••',•' Bar silver is quoted at 23Jd. per ounce standard. . London wool-sales;':'' ' hardening tendency of merinos.'' (Br TBLESEAPH—PKESS association—cppnticnT.), •■'■'' London, March ,'i7. The wool sales included portions of the following clips:—Ngatopa, lOid.; Tauroa, 12Jd- ■.' . . . Jjater.';,. There.was an animated sale. Merino's have , a hardening tendency. C.C. AND D; COMPANY. tßt TELEGKAriI—rKESS : ASSOCIATION.) Napier,' March IS. The C.C. and D. Company, London,' cables that there is.no. improvement-in the frozen nieat market, and prices are unchanged. mining 'News.'•;;';■■'•■ V' -•;, WAIHI DEEP LEVELS! ' (BI IKLEQRAPK—ritESS ASSOCIATION.) . Auckland, March 17. Tho water which accumulated in the deeper areas of the stance to the cessation of ipumping -operations' by the big pump in consequence of the shortage of coal, and subsequently to a mishap to the pumping machinery, has now been completely drained off, and development work at the 1000 ft. level will be resumed to-morrow. Three faces will probably be put into operation, and the work to bo undertaken will include the advancement of' the crosscut through the' Empire reef, ~which,-, when operations-were dis--continued owing to the water.(rouble,,had.been, penetrated "for a distance of about' 17ft., with quaTtz still, invthe face .and no'indications-of-the wall at the point of intersection. .;■ Tho whole of the ore'taken from" the Euipirs Reef prior to the stoppage was being sent'to the mill for treatment, and from ■ its appearance should show ari improvement' in value, compared with the point at which the, lode, was . first cut in...the opening up of the. level'immediately overhoad. ,STOCK..EXCHANGE..., L (ill TKLEGEAI'n—r-KESS ASSOCIATION.) /'.!".'.';.'...; P.unedin,; March 18.:'-' Stock Exchange sales took place to-day as follows;— Rise and. Shine,, 335.; Gplden 8ed.,.'65.. Cd.; Notowri Creek, lis.'; Milburri Lime and Cement Co., 285..r. ... ..,',.. . '."'.' .. :