COMMERCIAL.

Dominion, Volume 2, Issue 581, 9 August 1909, Page 8

COMMERCIAL.

. -■.i.-.:';,'..THE-SHAEEMAEKET.-, ; ; ' A".saie-,of;'Chnßtchurch' Gas,':at- <£$' ss. was rdported on Saturday.;. National Bank, sellers £h ;8s! ; ; Wellington Invcetnieut, fellers ,-lls.; 3d.; Christchui'ch Gas, buyers X 9 :55.; JFoildirig Gas, buyers :£1 ■■■ os.' 9d.; Gisbornd Gas, 'sellers £'i 125.; Napifer Gas,,'wfilO'paid, sellers £2i; Hokitika Gas, sellers .'£5 .155."; \New.'Zealaud, Insurr once;.! buyers '£3 ;;'!&.; Standard Insurance, ■ buyers;- <£p : - 35.; Christchurch Meat, , buyers .£10.75..6 d.; Gear Meat, £1 paid, sellers \£2 135.; New Zealand Shipping,.buyers £S ; sellers .£6}:lSs<; ■ Wellington Woollen, ■ sellers Tau'piri Coal, .bnyers. 203,, sellers: 20s.' 6d.; AVestport .Cdal.'-.sellers i£6 155.".; , WestpOrt-St9ckton Coal;' sellers 7s. ;od.; Le.vland-O'Brien Timber, ; eellera.iei. 2s. 3dl;. New.', Zealan- Drugs, sellere '£& 7s'.-3d.;;SharlaidV-.drdiiiafy,-Eellers. Is. ,6d.;',Taranaki,Petroleum,.'buyers 75. : Gd.; Ward and; Co., breweryshares;. sellers £i, 15s. 6d. .Hi-vi-'-;the -mining ,maeke£ ; ;■;- ■.'■'■'.'.".! '.Business was."rather quiet on Satnrday, and very-few sales.woto made.-At;the first call the spot sales;v:ere:—New U;,.. 2d.; -.Saion, 2s.:.id.'; : and Waih;i,'i£9:los.,;. wKile.-May Queen \vcre sold .at. ,6s. id. (six, weeks'.- delivery). and 65;.".'5 d.; f two'imonths' delivery);. .At the : midday call a: sale, of'.Mountain- King; at Is. .lOd.'was reported. -The-'quotations with 'thp , last l re-' "corded. sales: : were as under,;— , ■;• -~.,■;' t ,- '., -; .'. .-: ■:':' ; "•'.-'' v ■.;■■;':■-.'-Buyers. CSeliora;' -Balee. '::;•::::■ :■;<■..■ ■•-.•;•.■■'• ::*:■■£ a. a.'-: £ b. i. . £ s. d. . Diion-Consolidated>...... 0 o: 7- -0 "0 9 ■' — Dominion ;.'......:..........;..;. : ■ —-- : : 0-010 '■, — '■ Kur'anul *:,;..;;...;...'.....;....;; 0 :i' 9:■ 1 0 2'o . — Kuranui Caledonian ... .:■—'..■' |0 Z 2•■ — May Queen■.■...■:...._........... 0. 6:1 „ 0- 6 -Jr , — ■ Maoriland :...:...„......'.;......: 0 07J ■ 0 -;0 -9 v ■'- ■ Mouhtain-'King...;;'.- ■0 • 110. '. 0' 2.0 '-:. 0A 10 New .Sylvia 0 "4 2J :. 0 4 3J 0' 4- 2 "Koliance :..;..;.^.;......i....: — ; .0 0 : 74"■; • ■■—.'■ Eoyal ■pak.-':.'.A-.;. : . 1 .;A-:.:;..."'0::'2".9 " 0;3 l> ' ',-■ ■■• Saxon::, ; .-...'.......'.. ; ..;...;.;...!..;-.,:0, ; 2 4: oi2i6 o''2 4 Tairua-Broken-Hills':;.; .0:.2-9V..0'2'10.'. —- ■Ta1i5man■:„■.;....'.....;.:......'..: 218 0 ■■- 218 9 : ■■' — ;Waihi^.;..;.;:...:.;.:..;::..;..;. 9 "9. 0 ' 9 11- , 0": 10 0 Wnihi",-';Cpns6lidated..i;.:-V-;T-—I.-' , '. , 0 5 7 • • — ' Waihi Gra'rid Junction .—' ;. 2'l3;6 '■■■'■. — '■ : 0-4 0 ? 0/4. 3 ./•."--: Watchman :-....: .■;..::..:..> 0' 2 10. :o'2 11 ■ . —, Oon.'.Goldfields' ;i.;...;.. ■ 1 5:0 .— . 1 .j./j Now -Alpine• (cont.) :....;..' ■ —..;. 2 0-7- '1 1 :■'■-> \.,r-.w. '■'■ ' 017 i' 9-.::,.•'; -r•'.", !. •The cburie of .sales, during the .past week is shown' , below •—V ,;: ':-■■■:■■■:. v k |■'. ■■ ~ v;--■■■■ ■■ '.'-pixon Consolidated, Is; ljd., 12Jd. ... ■■ ■' ! '■;. .rHauraJtijPreohiiavM..:.'. '-.•.'.'•■ ' ■•'•.■ 1:. , / ...■ V- ' : ; 'Kur.inui Caledonian; 23. '4d.; 2s. :2Jd. . ■'■■■'■' I' :;Maoriland, 10id.:;- '...;.■,':,, :■>■ ■-..■'■ . ;, ■■ : :■ Mountain Kine, Is. 103 d.'; Is. lid., Is,.- lOJd..* Is. lOJti., Is. 10d.' ■..;.. ■ ■■•-..: J. 'i 1 ::.■. ;...:;.; ■-. ■ : , :; New: Sylvia,-4a:, 4sJ id., 2i, : 4s. -2d.; 4s. -Zd.V----45.?d.; 45.,-45.;. 45.. lid., 4a. 2d. ■-,-•■>: ■~ i -' - 'Pride, of iWaihi, fs. -2id., lg.' 3d.:,.-,\- '.\ • ', ■■ ■'Reliance.'7id.t - 7d::: •■'. ■■ ■-. ■■• ■'■ :•'.' ■''' ' '-:■' '■■■ ■'. ■'■ ' .' ; -Eoyal :Oak,:;3s. lid., '3s. lld.i- 45.," :45.; '35. ;, 71d;, i; 4,5.;:35;'7d., 35;,6d.; .3a. lid., ,3s. J lld:>.- 3a. :'iod., 3s. lod;,r 35.'9d.,v: '>;-:■ ■■:;::,:•■■■;:->;■■:::':- ■■.i.Saxpn!.2s;s}d., 2a.:5id.,;'25.'- : 5i5d.,:2e. ; .5d;;'23. '4d.. ' "jfO'airuavßr.oken-Hilla;,2s. 3d;, 25.:9 d.' ~--' -•,■ ••■ ■ :i Talisman,. £2 105:,'3d., :f2;J83., 6a.,'£2 18s; 6d;i £2.185.;'3d., £2;18s. 3d.;.£2 18s. 6d/ ■:■..■-:■ ' ; : .Tingiaro;: 3d;,- Jsd.,'-^d.-'i'-v ■';-"''. .' '■■■'■■■ 7 : / :'' ■'.Waitangi; 4a. 2d. v ':',■. ' '. ; : .-vWaiotahi;- 75.-Hd.; 7s. sd. ■"!• :' ' ■: : ;-■:.'; '•:■;" ..• . -Waihi,..£9 100,-.-.-•-'- .' - : ■ : • -, ■' - - ■'■''.■ , 2s. 7d.',.25:-10d, 2s. 8c1..-- 2s. 9d., 39..'.'' VWaibi.Grand-Junction, .-E2 130;'3d., £2 13s. tiji -.Waihi.Consolidated, 53' 7d.,'55". 6d;.'■ ■;■''■ ■:■''. !- Waihi:Eitended;.73'. 6d.;75;71d;,'-7s; lOd. 7s. 7i:'.'loid:..-'. , -.V ; -. , -':'. ■.'■■•-•.■.■..■''.'.'•-"■■'.■".'.•.•.■ .:.■.:-.-■ ■ ; i! vEpss.-Q.bldlields, 17s., 1 .,175.,.175;-3d. z^.. 1 : ■'.

( : :};'• vj , ; fiSPUTH "AFRICAN: iWOOL.«- /;.■ ; '/., Many jif ill; lie surprised to-hear ■'■that/ at: the; present ".moment, nearly, "a quarter, of tho wool produotibnvof, South 'Africa is,finally sold 'at Antwerp. .'-Out :of ;287,000 bales; exported from '.the /sub-Contineht i itr 1907,'<.aboiit ; t 67,000 wore ' .-imported' intb.'Belgium: ,, Thbifoilowinff , ' table, 3 .teken'-.from": a'■.NateL.'-.'Qoyernmeht'' shows ■;' the. annual ! r increasa',. of i\ this'• commerce / in' Cap6;wool. c (this..is. the ''naineigiven; on' thb) Continent .to ; ; wo6l,'of South, Africa ji 'origin):— 4 ■ ■■- into Belgium. ; .p£, : Cape;. Wool.J/ ' :/' ■:,■-.'159.6'.: : 10,000 bales ; 1902 .16,000 bales ■.'■■ 'jt:; ']S)iP : :-?---,9,000'-r;i-,. ; '■ ': 1903; "-iBjOOO;--',; ■'■'.■• :•.;; ■■■•'./"•:>;i904-".;-:28,000 ■■;; - ,-,Vi ! ■'■■■!• IS99: ■■■ 324,000 ,; J ■ ;1SO5 : -i 3,000 j, ;. ;r e 1800 ■', '-16,000'-,;;; : ,'-• 1306 ■:. '51,000:,,' ' H; j :(i , : r a9oi;;.:viG,opp f ;,,^:V;:-1907;: ,c7,ppo, : >; /•■ /.r! v' : -,Th'us r .since/.;i902, : ; : i.e.; .since the "definite Was- [ .'tablishment■ of,peace .in South. Africa,' progtussj has..bccn.,rapid;arid 'contimious. ";■',:.. v.The'Eepgraphical,situationcof.'.An'twerp lenlie '\ .ltmlf.aamirablyto a great development of. tfio commerce .ofGapo.wool. ■TWs.pbrb: : l»as,' l m : -- : tbiit'; respect,, alinost'Unique advantnges,'being r (,ifca--; atod at the;, door-.of ,tlio;. greatest wool cersijt'ea of.; Continental i,Europo; ~. In-.. the;:-first 'pi ace,, .ycrviers, /.at ' one 0f,.;-th* ■tiiionf;.' rbqoiving-, : via : :':iit'weri) :; : krtfe 1 ':. cpj'an-' ; tities ;cvjsry. year;.; Thsn.-iherc- is';TburcjQi.ng, tho I. important .uianufacturing; centre ''bf.' tho | 1 'North of Trance.;. ..(Hero-.'Cape-.-ifbol : csh 'enter' 'frep.-pf .;duty,;'without,.'paymont ;.o{: i war«Jl)pus3 snTohargoO'i..Thero . : are also- tho ; wool-'ecu.tres of Southernj.Qer'Djany,;ancl.".jofv'SwitMTland.",..;^,,;, i ; l ; : i- !•:.;■ i--;''^Several';Antwerp'._Jipusci3 .repreMntiug,'wob} .firm!j;-in';Cape'Town^yPort'-iiaiM- , ' ■beth.v'E(\st'.i.LbEdqn.vKingwillianistOMrrift.v' andDurban, fand..'-'a ''liurge. and important .<Tnisaiesß : 'is->carried.; on betfreeri- v theuj:-: iTh'e.'Brfgian , . Consulate ; .in;f'Johanuesburg • has,'-at ,'cKo ;-dis-; posal ; ;pf. ,: thosb'interested,;.aJ,list;of fiist-class' .■Antwerp. 1 firms',; who^''have..stated.'-thaV-.'-.tMej;-ire 'willing, to r'repeiy.e.-ccnsignuients oi. "wool, /making .tho' usnal. advances 'and r-vipply-ing ■';-.tho' i-bosjtj ■•;guarantees..:..'■ The'.:. wrel coin--mumty of .'Antwerp,! Tcry, powerful da jacco nut .and ekterisivo: relations ;in the J principal :'.cpiisumiug.:centres, ;pf * Europe; .'yieivj jwifch' : great : favbur ; tho •''iinport/ition .of Cape..w'opl; hc»cr<ling : ,to the; ( N.£utal|.',.Govern-' ',ment'.:jpurual''olieady'anentioii^d^'the' 1 sale ■ of. 'which .they.' .r.r'e i ahxioiis to- prprQPjte-ias much ■is'-pbssible.^iW.i ■■■■'; ''■?-r. :J:r.^>fi;''~<i ! \\'.' : ::-':y- ■ ■',■ ■■r ! -'s< '■}?-' 7 - , -'i'■':■-',' ■ J.'' ;l -; :■•.-..: ; '■■■:■! '•'■■>('• ,; ■ ''"•■,• -■ o*r PiioitrcEt?;'V- >;.,:/ : ; )tc'afle't;,;ljo.;:7o issued'. by tho,:l)ep-irtmeht-of .Industries and.'.Commaroe,.showing..'tlie quan.tity.- and -value .'of the principal- products ■ ci- , ported.'in-July, , ~is,: to'.hand;-. .The , ,^.btal : value of .the.-ifcems.enumerated, isV i £l,274 ) Gfi2,' 'cpmpared''with ,for; July, ;;190ii; there is, thns-an ■ increase j of: ,£372,8G7, -.'.br;'. c>vor ■ 40; per -wnt; , - '■ jfor ■ the four-■*. mpnths; entkid /July 31;. the expbrl's-were-'., valued •at. £6;21] j 287 ) ■ as. ; period Of ; last.yenr.'^aii , - .'pf >81,8!!3,599,'. which is: :,very (satisfactory. : Thb., values ."of the i principal items,compare'as under:—.v'. ; -X/."' • ■'■;■ .

July, 1909. Jaly, 1908. Buttor 15,063 .' 39,319 Cheese : 13, CM ■ ■ 3,577 Frozon beef 62.555 42,951 » 'Frozen mutton .. 73,501 92,139 ' Frozen lamb 131,915 154,810 Whoat : 140,920 30 Oats ....: 121,9*2 . 13,013 Eemp '. •'.. 18,407 , 21,616 Kauri gttm 59,977*. 16,928 ■ Hides .■...:.,.'... 24,414' 11,364 -> Skins 67.019; 39,312 Tallow .'.. 56,41f/ 31,383 ' Timber 28.15J ?,1,915 'Wool '. 227.55 C 228,285 ' Gold 215,7i5 167,353

-Customs revenue' Collected 'at Wellington on Saturday amonnted to 13s, 9d. The:total for:.the week:-was" £W,3SiH)s. .:6d.v .beer duty ttniqnnting. to 12s. Kjjures. for the cor-responding-period last yea.r .weTe:—For the day, -.£1382 Os. 7d., for th&' week '.£13,756 16s. 9d.; beer -duty, .£451 ;15s.'.'6d.:v:;;',vv.v : ,.:. v./ .':.:'. •-

LONDON MARKETS

-..--'-The .'New Zealand! Loan /■. and '• Mercantile Agency Company, Ltd., have received the' following cablegram from their London house under, date August:,6:—"Frozen-.. Meat.—The market for; mutton .is steadier, very weak for. lanib,',and slightly, bettor for-.beef (sides).".;: JI":;^BANK:pFEN(n^D ; EETUEN. ; ; ; ; ; V ■ (By; ,Teleßraiiii;--Pros3 'Associatlon.-Copyrißht.) '•','.'■ (.'■'.. ; \ : - ■■'"' 'London, August 5. , The' Bank of.-- England I. return issued' for the week ending Wednesday, Aujksc i,, is as' under:— ,'•":;•.: V/ ; . ■;-' V'^v,."--'-'-^'- , . 1 !;;'--;', : / : ..■ / ■Note Issue.... -JE65.566.0C0 Coy. secuidtienfll.Oie.CCO . ■■ L .:. ■ '■•■■' ... ' ■ 'Other secari- ■ .-• . ,■;..::■,:•.■..- : " :■■ ■ ■■'' i■' i' ! ' ties .-..,. 7,434,00) ; ■ (■■;■'. ■".•• ;-,■■•':•■'■>•;-.-■ :■.- ■; . eon- .. .....57.117.000.- : '-- '■' .y}-'.' ■ ■■' .'::£!SJM/m '1 , ," i ■;■; f05,566,C00', ; ~'... v ..;. Bjmiohg tDEPAnTsmwr.' ' . . V proprietor's • '■"■'■'■• ' "l -. Goyt. Beouri-. ■ '. . \ capital - ' £M.553,00T• ties. ■■ ...;..£15,366.000 ' • Publicde- . --■.'•' '"'.Othcrsecuri-.'.. '..■, ■■.■'••■."■ posits'.... '■ 7,210,000 ■ tics, : ... 28,685,000 Other fie- ■'■'" ■'..' ■ ' : '■' '• ■ -. ■■■.. ■.. .' . ■ ' /.posits- ..I:, .45.632,000. Notes;.'.-. ■ •-.... 26,039.000. V '■ "■ Ecst,, May - : .'■.-". •■:' " ,: ".- ' ; - '.■' '■ : •'■■■■ andbther , --". ■.-''"/■•■■ Coin. ;....■. ..'1,278.000, . bUls. ... '3,«5V)00 .v. ''-',;; ; v ; " ■.':." \: ''■' ■':■ £70,868,000 .' '' Z;., v' £70,368,000 ■ V The ■ leading/ items 'of the Bank : cf England roturn afford the. followiuff comparison:— .'.'■■■ -." ' .•■"'.•■■■ lulls week. Last week/ Imstyear :.-:' : ;" •■.■:•' ■..•■'. ■''■- £ '■■■'. £ ■ ■.'"'. :-■■£ .■■■'. BnllioD...' • .... 37,117.000, 37,726,000 .'.24,484,000 ' Kesorvo... < ■ : ' ... ■K.017.0C0 27.a57,tt» 24,608,000 NotociicuktloD !30,027,00J 2M16.000. 2!>,Bffi>,ooo Public Doposits . 7.210.003 ;8.525,(XX), ' 6.M4.0X : Other Deposits. «,632,0M 45,7«,0M, ■ 4e,3£0,000 '- Proportion of ■:•;■. ..■■■•■'■.■■ ■ ; ■ .•"■- ■■ .• ■■; ■ ■.. ■ rosorro ■. to ; .:''-■. : . UabiUUes... 60,70 •.': : EISO . 18J0 ,

: GOVEKHi IENT SECURITIES. ■ Tho followiuß.t .re tlio latest quotations for Governmout 6coui ities, with a comparison' those ruling last ;i reelt:—

' . y . A - Variations • _ ; ' pw™ comimrod ; , Prico with ' • • • • , ' )ns6y.'B0fr. t • • £ s. d.' 2£% Imperial Con&f rts... ... 84 0 1) 8s. fls. higher ; 4 ,• N.S.W.lS33Jiu' .-.Tuly • ... 20« JO 0 • fcUiitfher 'il ..N.S/W.IOISM.* r-Sopk ... W 5 0- »5n.lowor .3 „N>S.W. 3035/s| i.'Oofc. K7 il 6 J7a. Gd. lovvor 4 „ Vic. 1S20 Jau.i July... ... 10'J 10 0 . iGa. higher 34 „ Vic. IWl-GJax .-July ... i>7 i7 li 7Ht>d.hir,hov 3 „ Vic. 1C29-49.)« x-July ... BGJO 0 Uncbuntfcd 3J.;,B.A. 19JbJau> July . ... 08 0 0 lOfl. lower 3 ,.B.A.I'JKiJaa.i July ... W JO 0 Uiiohuutfod 4 n.-0uly ... 103 15 0 6fl.lii«l>or 3* „ a.-Joly ... 07. 4. G, 2fl.lId.))l«lior 3 UTdlftB-JTJu.n.-.Tuly ... .80 10 0 5(j.s.bi/'.hor i ; JN.Z. ICSOMo y-Nov. ... 10u 0 0 • l2oGd.hit!hor 3$ ,.N.Z. HMO Jar..-July • ... 08 10 0 - Unchawjod. 3. N.Z.1W5 Ajt dl-Oct. •" ... 67 33' 6 2«, fd.hlghor 33 w W.A.llh!0-4W (lay-Ndv ... .0310 0 fis. hitfhor 3 ilay-Nov . ... HQ 0 0 UnchaiiKod aj Tos. a. July ... Gnu G 7a.6d. liitfljor '3 w l'as.lQ2(M»Van.-July, ... .37 0 0 Unchanfiod