COMMERCIAL.

Dominion, Volume 2, Issue 540, 22 June 1909, Page 8

COMMERCIAL.

r, THE SHAKE MARKET.' The.usual Monday dullness was' noticeabld yesterday. No business was recorded in investment shares, and values .were pradtically without: ohange. Bank of New Zealand, buyers S 9 ex,dividend; National Banks, buyors £i (is., sellers JES Bs.; Equitable Building, buyers 4s<6d.; Wellington Investment, buyers lis. Gd.; Wellington IPrust and loan, buyers £7 19., 6ollers £7 3s. 6d.; New Zealand and River Plato, buyers £1 15s. cum dividend; Feilding Gas, bnyers £1 Os. Gd., Is.;-South British Insurance, buyers. £2 9s.;' Standard Insurance, buyers £1 2s. 3d.; Gear Meat, £i paid, buyers JEIO 4s. 3d.,' £1 paid, buyers £2 125.; Meat, Expert, M paid, sellers £i 195,, .£2 12&' Gd. paid, sellers X 3 Is.; Taupiri Coal, buyers. £1; Westport Coal,- sellers. Bs.; Westport-Stooktou Coal, sellers 7s. fid.; Wellington Woollen, : sellers £3 Is.; Leylnnd--o"BrieH: Timber, sellers £1 2s. 3d.; Taranaki Petroleum, bnyers 55., sellers ss. Gd.; Wellington Opera House, bnyers £1: 15s„. sellers .£1 18s.; Saarland's ordinary and preference, buyers >19s. 3d.; .■■'.'; : ; '■■ ■ . .'■ / TBSMNING MARKET. '."■ & sale of Waihi Consolidated at 4s.- 9d- was ,'made on , Chango afternoon. '' The sales reported were Tairua Broken Hills 2s. 4d., May Queen 35., Saxon 2s. 3d;, Waihi Consolidated 'ss. 5d., ss. 4d., ss. 3d., Watohman 2a- ,4a., v and ; Maoriland ■ 93d.: ■■ Tho ..quotations, with the. last-recorded sales,Vwere as under'f— ••'•,'■ ■ ■:'•: '■'; '■■■■'■ .'•''■Bnyers.". Sellers. Sales. ~; 5 ..--V': .:.■£*.&.'•£s.&: £s.i. •Wbiju'. Grand Juno- .'■.•!

.;•:.;■. -AMERICAN iPEPEOVEMENT. ~\~: , - :.Wl. his' speech; at, the^Bank' of'. New ;Zealand shareholders, on Friday.- last; Mr.- Beauchamp 'S •F^; 0 ;* ,18 ' i"nprpvement rioticeable ; in the United States, and: quoted tho returns from the clearing; houses 'for"the March quarter to illustrate, his.-point. v-Later figures show'.that,-in Ap^il,-;there-.was ia-sfurtheif improvement -in .Uus;iespDot. ....The. returns rof. clearing for the whole of thp: country',! the iotal- for 'April -1909 I waa.m. excess of the.oorresponding; month of a • year aprby.3?.B>percent., and,/compared with tlK| similar -period-.two years ago, -ttere is a gain of. 8.1; -per cent. . For .the four months, ,thisyear;s».aggregate exceeds, that of .last year by-29.9 per.;ceniV and falls behind that 'of-1907 •. t ? I I.L*-7 SCT-.eent-.vStock and bond transactions at.'.iJVw.vTork and other .speculative '• centres ■.were- ; very. much'larger,--. than/. .:in . April last year, ; or.two-yearsj eweu tne , ..volume of , -.clearings,-.but, it -is claimed: that.vafter/makiag due, allowance for * at influence, the.'total , , at : New York: in partiquJar/shows a- good margin -of increase.due: to:ordiiiary .mercantile' affairs.; f on' the New York Stock iixqhaiige,- . the r dealings.'wero not only of greater aggregates than'! in any. preceding month of the yoar,. but; advancing rvalues were tho rule :in most leading stocks, aidd with'no important re.oessions, 'from';.the high values' reached.-. -The ' total number, of shares -dealt in'was 19,055,618 for r .the.!month,.'.,and'; ; <i2,3lß,9l2-for. the, four 'f} l Sfe ?omp^in - e: '> ri^h; H. 648.123 'shares and shares..m^; the ,respective; periods of .ISUB..!,.Bond.ttansactipns.were noticeably heavy ■fe^« n &5?' egatln ! ;: •" a <'Par■''valw.■'•'of nearly Ja7,Boo,ooo,,asiagainst,--;^16,000,000. ; in April a 01 ' four woro this year,;;against -£58,200,000. in 1908.' • ili.Cpstoms.revenue collected at-Wellinffton ves.terday,.amounted to; : ,£l(Jl6vl2s. 10d.'.'i . .-:• .-,' ;'.

:^e^-;^ry;'ad v '(ivia i :iweilinriori:- : 'w .port/wholesale, prices ruling;on the 1 market:4vlod.;,'.feed..oats ) - ~ 23r--2d;ito. J 2s.-.-4d.'; dun oats, 25...2 d. to2s.'4d.: seed'oats, ;25.'4d. ; .t0 25.: 8d: ; Algerian seed oats 2s/, 6d: tp ;&. 9d,-; maize/:4s.,'Bd. to 4s. • 10d. ; orushed. malt, :7s.'; fowl ;-barle'y, js.', jd.-.to' 35. ; CapeVliarlrar,^si-^.Jo'rse l beans,/45.;6d. (aU'at ; pervbushel); ; rioemcal,':iE4.:.-15s.- to £i; : flonr, : Mj, Zealand .Ail; 10a. .to; : £12; bran, V£s to £5 ;6?,*-peadiiarley;-aiff-;":peas,-nattridge'.4s;-'9d.; ; Prussian .bhess. .3d.' to ...ss. A, : fowl peas is., JEs,;to .pollard,'.-J!6', lOsf ti ,155.; guano, :10s,,'?hafF;(oateDsheaf),'.-{3'ss..iow£3 155.; oatmeal, : -iEIO se.i to 10s.; potatoes £i :to seed: potatoes. ■ >£5 ■to vE7,. imported seed;up-to4ates 7.105.; onioiiß, ,£s.to £1; molasses bacon (factory),6ides.73d;,. hams.ed.yirolls BJd.; butter,;bnft, .91di to'lOd. ; 35.; dncts,-4s:/to' .fe. ; :turkeys, •g9 i bble.re.;nS)\te<;l2s.' ! -hens.:,9s. , : : :tl)' , lo3.;,:fresh 4ef: Is;j:M./! fheese, ed,:to:6ld. per lb.,'.loa£'?d; to 7Jd. per :lb.; Akarpacmachine-dressed.'cocksfoof^Jd. , to Bd.j'farmerr .dressed ( 5d.. to 6d;.per lb.'j : rre- : .grass,;-35.-:3d.■ ...to -M -s6d. :p«r' bushel'; Italian ryegrasses. Gd.to/4s. 6d. bushel;, white clover,. ;705.',t0;:755. cvrt.; ired, doTOr, -655: cwt.;"cow grass,-,655:; cwt. •, alsike) ; 82s; Gd. -owt.; ■ mustard' 40s. cwt.';"trefoil,.37s.>6d., 265; owt.i timothy, 325. 6d.i.cwt; sw«de iand' tnr-iniprseed,vJOs;icwt.<.;,:.:,!;.'■,',;•.■.:i,,',;.'^.:...-':.~:->,\i^.. '-' ~!•; S;;.v! ; TOT?]JBOZEN;MBAr4IAEKET.;>v ■: '■ ■, :'XBy:. . ''m,'' il"'--•■■■-"'V• "■'-"'-''--,- : -*-- ■■"' ,\ . j-ondon; June 20. ■ ;Ero4en.Meat Trade Asspciatidn'a Smith-1 neld market quotations foT'the undermentioned classes .of,; frozen: meat are based on '.actualsales of not less than one hundred earcasses ofmtit-.ton;or.:lamb-Or,twenty-nTe.carcasees of beef of fair.ayerage, quality. . These qootaHons are not for'selected ; luies, but, for. parcels/fairly, representative of;, the bulk: of the shipments now on i.the>;maxket?rf'.„:.;-,;,!.;'/t.X;:.iV-^V ; :-' ■■'■-■ r ■:.>'■;. 'C;^^ ; :%^^-io^'^■'■'^ : -^ :^tl "βi3i:■June2b.■ Mntton^v'^i-. , ';•,:■■■'-.•■■;..-:_.;•.,,■:■•:.;v>-,:-'d. : "-vV-i- d. : : '; : . ■-:?, Canterbury^light : __._^i i ''sj -,, >v. sj:. ' "medium-.^ij;'..3 ;-:.■: •': .• gl : ; heayyyU._.' ; 2'5-l6 '- 28; : ./ '/Southland •..'.«.«.;'«~i^™;."■—'.. ■■:,':. ■ ■' -i ..."■' i ; ; ; ,North.lsland,-,best ' ' ■..: 'Vj--'}'- ii '•'■' ■■• ,/ • North,-Island;;:ibrdinary : ..-.' 2\ ■■'■' : . 21 '■'■' ' 1;', , /Australian^y*light l* , 2\.-. ' : 2 7-16 : '■:"■• Australian, .'-.heavy,' ■ '-.2i- ,■' '' 2 : S-1R ,/'.;Eiver.Plate.'Ught .2} '■' ''.". ii Jγ ,'Biver.;Plate,:heavy v,.'....::,.;. 2J ; : '"■'' ~'2% -. Larab-r ''■;. .'." ■'/ ; .. ~ :' .-■■■■■.:/ .\ ■ .'-:.- -.',v f :■, ; V '■■ : }\- Canterbury^Jigbt 4J V: J ■■■ ■'■; -n ; .- : = • ..^Canterbury, 1 , 'jnedium '._-..' i 3-16' 4I ■ '■'H 'Canterbury,'; heavfl ._..™;V3 U -16 -V 311-16 ::.,-Southland . t.....-....'.. , ™..™;:' i , ..... (4,... ■ '.•V'WiNbrtlljJelan'd, .selected ._... : '4> '-, -4!. ! , '.'■■, ..'.North .island, " ordinary ...' 3J '■ . ' ; 3}- '■:'' ■fr 3j ■ v;:' 3*5-16 ■ !■...-Australian, fair. 3£..-. ; >: :.\:si .•>: ;!;:: Austftiliaii.iiihferioE' -—;.;.' 131 31 ; j-:viMyir;vvTlate ,'...V.'..;i^».ii:.''';^J-- : .:■'■., '||~ ■^^#4v'^^'-'^ i , ,:: 'v''.^V'^\\^''t. : -: ; /:,New: Zealand, fona .;j_L; : li "■'" '■ '2' , ;,', '/i\ .' ■-" -■; A ■■' .V.-'.. Australiarii fores* ™.._^_. m ■ 2},-' 'V 2} '-.'.'Australian,':\hinda ...__;.. 4J , - ' ,'-4j ,'• j>'Eiver 2} ; '- 'pi. ■"■' ;';'••.■ .RiJSr^Hate/ihinas.;.~_^.: i\ ■• :\v' '4 ,\ , n '^'v't: : .ii:*Q?™p/SHAEEis.' ; v.:' /.;■{. '" .■(By.:TeUKapli.^Presi^,.:AssociaUon ; .-Ooi7rtßht.) •i'i■''■■.'«''■'■■•;"■■■ ■ :;^; v' ; v London, June 20. ;' Theifpllowiag are' the.;latest .quotations^.; :• : '/ f '-'v:v-:'-'v■i':. i V ; '>'/~':;'.'' ?:, '■•''Buyers.- .Sellers. Waihi •......■..;..:..^.i; i 1. u i.,,._; 8 17.. 8-90 0 \7aihi .'Grand - Jnnotion ~...■./2 -.5 .0 : 2 6 3 V^^>^fffß3^^Am ; ; ixppE..■.; : ■;4" ; ■/■ ,(By ABso^ationi-^Oopyright.)' s t*ii^^S^*"^i/i & ''■;'"■ ; ;L »ndohj. June 20. ; ~;The:total;quantity;of;wheat and-flour afloat! fo? 'fe United, Kingdom is 3,125,000 quarters: for, the Continent, '1,815,000 quartets; Atlantic shipments,',73,OoQ;qnarters.'i .; •:■■' .: ■ ~.„ ~:. : i (;^A^L^ED;^OTOF.frqOL;SAI I ES? ' .••[v^Kr-i<^ B ywl^Bapfeß«se.ATObi^oi;)!'' , o....'' ;, 'j : \ ■'■;'V;-' "' ■'■. ■ : '.Christbhurch, June 21. -'~ A reporter called on a prominent woolbroker' this morning.with-reference.to the report:from 'Auckland'.'that', wool "was badly Vpacked, and that sales in tbat.oity and Christchurch olashed..rhe.broker said that'-bad. packing :bf.wool did not apply to Canterburyi/where. wool was a Ws, ; ,well, ,got..;Mip,s;:bnrers:. being. 'Satisfied with. tho. packings ..It)might,have ibeen-:bad twenty,:years■• agO;'butJgrower,s were educated■ .nowadays! . eiashing^qf» 6a l6s' could .hardly -be avoided. JlnrNewjiZealand sthere. 'were many small sales,- and!!:pflym,llad: : to.arrango sales so that they wouldVnt-in wif , -"each-other, -in the best manner None'-of- the salos in the: North -Island'clashed, 'neither did'ithoso in the South "Island; tho< clashing "was only betiveen'.theV.far 'north :and the'/south... , ; The buyers: were busy men, and,wore, rushing at : top speed all,' the time. They arranged: the eales and informed the brokers/'who" approved .of ;,the:: dates./ If •there", was any .olishi it', was almost oerUinly ■ unayoMablo. v . . ■: \ ■''' /",:-■■. ■>':''■■ '- : ' ■:".'■'- '■ -' ''■ '■'.''