COMMERCIAL.

Dominion, Volume 2, Issue 515, 24 May 1909, Page 8

COMMERCIAL.

• THE SHAKE MARKET. Sales of National Banks at £5 7s. 3d., New Zealand Insurance at £3 Us. 9d., and Wost- , port Coal at £6 8s 6d. were reported, and , odd parcels of Meat Exports, £2 Via. 6d. paid, I Eold on 'Change at -S3' Is. National Bank share? wero on sale at '.£5 7s. 9d.; Equitable , Building, sellers .£9 7s. 6d.; Wellington Investment, bnvors lls. 3d.; Wellington Trust and Loan, sellers XI Is.; Foildmg Gjfis, bnycis £1; Napier Gns, .£lO paid, sellers £25 10s.; Wellington Gas, .£lO paid, buyers .£l7 175.; South British Insurance, biyvors £2 Bs. 3d., eollcrs £2 9s. Ctl.; Standard Insurance, bnyers .£1 Is. R; (fear Meat, .£lO paid, buyers .£lO 2s. Gd.; ' £1 paid, buyers £Z 125.; Meat Export, £i 125.( Gd. paid, sellers £3 Is.; Kaiapoi Woollen, preference, sellers £i ;' Wellington' Woollen, ordinary, sollors £Z\ Westport Coal, sollors £6 Bs. 6d.; Wcstport-Stockton Coal, 6ellers Bs. 3d.; , Kauri Timber, buyers 14s. Bd., sellers 155.; New Zealand Portland Cement; 6ollers £2 Is.; I'aranaki Potroleum, eeller3 7s.' 6d. THE MINING MARKET. Sales of Saion at 2s. OJd., Waihi Extended St 6s. Id., 65., and ss. Hid., Waihi Grand Junc,tion at £2 2s. 3d. and .£2 3s. 6d., and Wnitangi at 4e. 4Jd. were reported, and sales of , Talisman at ,£2 11s, 6d., Waihi Extended at ■55., and Now Alpine, 10s. paid, at 7s. 3d. wore made on 'Change. Tho quotations with the last recorded sales wero as under: — Buyors. Sellers. Sales. , .Es.d. .£s.d. £e.d. iWaihi Grand Junction '. 2 2 9 2 3 6 2.3 6 Waihi Extended ... 060 061 060 Waihi — 9 5 0 — iWaihi Consolidated — 0 2 5 — Talisman 211 3 ,2 11 6 211 G Kuranui Caledonian 0 11 0 13' — N.Z. Crown — 0 5 2 - May Queen — 0 2 3 — Tairua Brofene Hills 0 2 0 0 2 2 — Saxon ...' — — 0 20} Waitangi '013 045 044? New Sylvia 0 2 5 0 2 6 — New Alpine, 10s. pd. 070'073 073 Con. Goldfields ... - ' 018 0 — Now Big Eivcr ... 21C 0 3 0 0 — f' " CUSTOMS REVENUE. Last Customs returns show a con'riderablo falling off ■ fronv thoio of last rear. For tho week ending May 22 tho Customs jeronoo and beer duty collected amounted Ho £15,078 12s. and .£195 lfe. respectively, as ( against 19s. 7d. and £W 18s. collected for the corrosponding r period,of last year. On Saturday the revenue collected amounted to ■£SOO 2s. lid., while for the corresponding day of lost-year .£1923 Bs.'lid.'was tho letnrn. STOCK SALES. At tho Feilding sala on Saturday thero was * good eatry of sheep, and the demand was good. There was ft- email entry <ofi cattle, Bulls, £i 10s.; 2-year I heifers, £2.1β. 0d.;',15 to 18-months steers, £2 55.; and ewes in lamb, 7s. Gd.'; sound-month ev.-ei, in lamb, ss.' to 10s.; good mixed lambs, Bs. 6d., Bs. 7d.; ewo lambs,, 9s. v Messrs. Dalgety and Co., Ltd., report having hold their fortnightly 6ale at Upper Hutt tin Thursday, when a fair yarding came foriward. StofK, especially/springing heifers close ' to the drop, wore in good demand, although «toro cattlo wore somowhat neglected.. The following were prices realised:—Aged ewes, in lamb (poor lot), 35.; store wethers, 10s. 6d. ; fat and forward lambs, J9s.; light porkers, £1 25.; springing >heifers. £5 2s. 6d. to .£7 12s. 6d.; cows m calf (backward), £3; empty etoro cbws.'iSl 195.; fat heifers, ,£*; 35-year steers, £i. X. ~ JFEILDING.MAEKET, EEPOET. . Messrs. A. H. Atkinson and Co., Ltd.f report a large entry of pigs, every pen being filled. 120 Voresold under tho hammer at prices fully on a par with late rates. Poultry of fair Ansa came forward in quantity, and made good values. i Pigs.—Woanors, small, 3s. to is.; good sorts, 1 55., ss. 3d.,'65., to Bs.; ehps, 10s. 3d., 11s., Us. 9d., to 135.; stores, 155., 165.,A1i. M., 19s. 6d., ' to 215.; porkers; 295., 293. 6d., to 335. Horses.—Pony, £3; harness gelding, £5; aged tnare, £1 155.; scrubs, £1 to £1 15s. Poultry.—Hens, Is., Is. 3d., to Is. 5d.; joosters, Is. 5d., Is. 7d., Is. 9d., to Is. 10d.; Cbrcd Wyandottes, Is. lid. to 35.; Golden burgs, 2s. 6d.j White leghorns, - 3s. 3d.. Ss, 6<1., to 3s. 9d,; ducks, Is. 7d,, Is. od., to Is. lid., all at~each. Produce.—Potatoes, Bs. to 9s. per bog; pumpkins, 2s. 6d., 35., to 3s. 9d. por bag; picmelons, 45.; onions. Id. per lb; chaff, 2s. ,to 3s. per bag; feed oats, 2s. 3d. por bushel; carrots,ils. H. per half-sack. ,' , , ' '

, NEW AUSTRAL-ASIAN LOANS. . ' NEW SOUTH WALES,' .£3,000,000. ,' AUCKLAND CITY, £100,000. tar TitEoeiPß— rsßso association—copieiobt.l „ > London, May 21. The West Australian 3£ 'per cent, loan (.£1,415,000, minimum 96) was covered threefold. A New South Wales loan of threo millions, bearing interest at 3J per cent, will bo issued to-morrow. The minimum price of issue is 08}, ~ . .•/An : .;Auetland^drainage-loan:of ; "at i :;:Vp.er ■ oent.yis; being; issued , at - par;;•■■■■.- '■■■■ v?v;.The WestSlistra'iiailoan-for ; at- Si tb:the;.'publio-atig6 percent.: i;Vvi*KuL > ;:''i> 'subceßa.'-'' , .The issue ■ "price i; :is. : 'much-lower' the■'.•■prerioM■.■'Australian .State" f;::jssae v^v;in ; i-last western, > ''per:ice'nt' : ::i;.:priM : oL.KSue/.biing-Iff,';but i.the; loan; was:noi. v,v'taieniup;to-';any::eitent, by \ the public.- -The .'v-'feMissidns.'-in -Xondph'this' year to :date have uKbeen;as ~y -y,\\:>■■':■ -yi-.kv.v- ' •■..-.-' ■'■^i-vV.^/p':; ,, '-^/?):-.;;'!^.*^ 10011 .Issue.terest' s;"^;,v.^v';;;:;.i'V-':':;' : -- : '■"-. '■'-•■• '■'■'■'''■:i : : price.■ per j ;? ■ ;,!April-N.S.. Wales;' r ■'.;;';' 1,580,000 V • 07f. ' 31: ■ !"r..j; 2,000,000 ! 07 ■ zi;-.;,-May-VictoTia'sv..;U ~; 1,500,000 1 3J-*;)May-flv;:Australia;;' .p.U;«5,000/>-96 ; ■:■'■ <3^ ■J^'The''pnbiip>ubsoribed , 'iby.yiry'vsmaU'aino'iinb Si of -the . New; South ;Wales;and ..Queensland loans;' •.../lorvthejVictoria r ,l6an;the snbscriptidris were , i> -;twice the amountyrequired, and West Austra;A/Vl>e:'Bhoald' > ~ g et-'allT.the}iii6ney./wanted.'' J ** .■'.; ': ;Wool'sai/bs.'v ':■-'::■;: j '•': : ■'ijj'o:- HEM.^ : >;<- :'■:'■' .y'tßT'TKLErtßirn—PnMS.iSSqeiATipii.f ;COPtttlOßtJ' v;'y : -of|;f : ;;r:-A': 21. >: :■ J/..;.. 'The wool.'sales:haTe:closed.'firm;'-at: top prices : ; .fv;el''the' series.'-;"';;/;.;:"-..' " / ? : j;x ; ;, ; >.r">; j z^.; 1 ; 3^;;y'n;-:BEPORrOJ , •THE-SElilES.ff - ; ,. tfy '■ :■;, v:^;^eo.;;'May^2i^ : .l.^;a.mj:;'>;■*•.£ ';v' i^i-^'W-^S:^ 1 '^, ; :{;;> :; ;';VK V'oUondonr : 'May'22,"'V.; ,:v : :,': Of -the ,:wopl ■' catalogued;; 179,500 • bales,; there' ',-, ■ ',' wereVsold Ho Home buyers. 88,000 j to the Con-'i-:::tiieht,: 61,000; r to AmericaV 5 23,000;' held •over,. ■ jT;IOjOOO.. "Compared closing, .best. ;' greasy Merinos .suitable: to America'advanced -■.?.'IO to 15 : ,per;-cent;;'average sorts folly 7*: per,: .to ; 10. per ..cent., :■;' £ perfcent.; fine orossbreds snitableto America, ';. i: 10:per.:cent;; medium, lower, fine medium tpp- ,:■). .makinglsorts.lO'per.cent., 7}' to 10-per.'centil v": : Merinos 6nd lambs,':'fully- 5. per' , cent.;. oross;:';;:breds,;lo:per- cent. ; . ; : '?."■'-''V;'■:•' ■-;- •■ V;:: "■■'■'.': P"■;' y;r.pGear,ibrpught:9ld.;':; :: .. Ji;'i'l '■"'■',&■::-■ •'■v : : '''The Department of Indnstriea'.and'Cdmmeree "i■-■■, has received the'following'cable from the High ,:L;yC6mmissi6Mr,. : dated'.-London,-May: '22:—The '::/'woolj6ales closed-'.witha keen competition. The >';.- etrdng ■ American 'buying, helped ■ the Home 'and '.;. "European:markets.''The woollen trade is good; .--'.'.no-: stock':' , is " accumulating."':. Pfosptete; aro ;.- ; i;favpurable;:vEstimated value, according to coni'',: merino, ■■'■'is:-: Id.- to is. .3Jd.; " :■;'medium: ■. merino, Hid,'■•■.to , -'. ls. Q\£. ; ■ inferior ■■',■..': merino,' 9d.' to, : Hd.; fine .orossbr^d,' all grades , , , .to ■ ls.'';4Jd.;. medium.'crossßreds,', all IOJd. to Is. ,2d. : ;\coarse 'cro'ssbredaVall r :;Vgrades,:7}d. -to.ls...•:'■•'■'. ■'.-,;■..■"/■'. -^'-x r -.-.:%■■-.' ':;'■]:'■ '■'■■': ■;yA \ : The New Zealand : Xoan' and: Mercantile have; >.:■ l,ieceived; the' foUowing.cablegram • from.". their' I• Londonyhpuse, under Saturday/a -date:—Wool ■-■;■■ .ealee—The -.sales ;closed strong; 168,000: bales .'"ihave .been , :sold,: and 10,e00 .bales held over j ~;.6l,ooo;were:taken.for.'the Continent,,and 23,000 •V'-for America. , ..As compared.with ; last sales'-clos-'£■■;ing rates/.prices are:;higher:ilbouf7!t"to 10 pet " . r'cent. : for coarso greasy, crossbred.' For the July ;,yV.;series: the'.limit has ,beeii.;fixed at l«,000;bales.- ' ;i-^AMessrs.}Levin andy Co.,' Ltd., have 'received :■'■■■'*:■•■s«« •following ■■ from .their -London :'agents,\be- •. :>:ing the average-price of:fleece weol;at the Balcs .'..:.now;current:—Marea, Wangahui, Did.; Cross;Masterton,:is. (JJd.;:Eocky ,Hill, Glad- ;'•',:/ stone,; BJd.;'W.C.H., Jeilding, B: MGd.'j -Melton,: Xv-r'Pongaroa,' 7}d.; Pirinoa; Martiriberough/ IOJd.; :;', ::W:L, :Efcetahnna,- 11 9-ied,;::D.K., Mataroa ■ .;-BJd.'; T.P...(conjoined), ManriceviUe; .Bd.j H. .'Viand .CM., Greytown, 9 13-16 d.; X.A.L.', Master- .'; t0n,;9.-11-16d.: ; Sevenpaks, Masterton, 9Jd.; B. :;.;;-and E. in ■square,. Wellington, , Is. Id.: and 10d.; '•'■Bashgrove,-Mastorton, 9 7-16 d.; Bewa Hcwa, ;:.r:;TenuVv.B/.15-16d., i '- ; ';.Waihora";-- 1 -.Martinboroiighv: , "r. IOJd.; I N over Belmont, ..Wanganui, 8«I.; '■Montere, 'Bulls,. 9d.; Pino HiU/Wanganui, ; : ::8 13J6d.;;W.W.D., Tenui,'Bid.;N.H.G., Blen- ■ .:.' heim,:9Jd.-; Lakes; Wanganui, Bd.;.N.V. over. ;'•'■', Avondalc,'.: Kopuaranga; : ' 9Sd.; '■:■. Rawhitiroai r Balls;iipO-lGd/jFernlands,Masterton, B.ls-16d.j ;:':■.-PiC.';o7er TJtikii, Iftiku, 7.15-16 d, .'•.■. ...■■ i'V.vvMaMys. Murras,'Roberts and Co. hate, re-

oeived; the ' following wool market' cablegram from- their/London house; Messrs'.-: Sanderson, Murray and CoJ. dated 21st May,, 1909:—"The sales have closed'firm, 10,000, bales being, held over. :Tho market shows no material change sincoour last advice." . •■. ■'.■'" ..;.>;' '■':••' .