COMMERCIAL.

Dominion, Volume 2, Issue 586, 14 August 1909, Page 8

COMMERCIAL.

. ;. . INVESTMENT BHARE3. -v: A. salo of Taupiri Coal .shares at |20s. -3d. .was I Vail the business recorded yesterday. Bank_of rNew Zealand,"'buyers-£9-.45.,^- sellers £9 os.; Na- ' tional 'Mortgage,' sellers"£3; - Wellington Investment, sellers ..lis, 9d.;,Foilding Gas,' buyers £1- Os. 9d.; Gisborne Gas, sellers -£2 125.; Palmerston North.Oas, sollers £7 153.; Wellington Gas, £10 paid.- sellers £18 : 65.;. South Insurance,'buyers £2 125.; -Meat Export,' third issue,- sollers. 1 £2.195.,' cum dividend; Ohristclmrch Meat.. buy-, ers £10 75.-.6d.j New Zealand Shipping, buyers ■£6'195.; Mo3giel. Woollen, . buyers £2 14s.s Wellington- Woollen, sellers £3; Taupiri Coal.- buyers ; 205., sollers 2Cs. 3d.; Westport Coal, sellers,.£6 - 165.; - -Wostport-Stockton .: Goal,'-; sollers: '7s. 3d.; ' Sharlan'd's, ordinary^'sellers 215.. preference, sol--;lers. 21s. 6Q. : ; Ward and Co., browsry shares, .buyers' £4 jßs;, sellers £4 ■'.AC'S. 6d,; Leylandv O'Brien ..Timber,: sellers £1 25.. ' : , -, THE ; MINING ; JUKKET. '■ . - ; . A moderate business was done yesterday,; and :the'.market .exhibited a;quiet tendency, .Specttlators. Appear; to bo awaiting;, uovelopments,-ana '■ favourable, news from the Grand Junction,_ May '■ Queen',' Wttiotalii, or Waihi Extended would bring about jk fresli' outburst -of .-.active ~specula v ion. : The (sales recorded yesterday were-as. iinuer., -Dixaii Consolidated,"md.,. is.. Is. (first call). . 'Maoriland/-83d; call). '' ' ' ' .. . , -Prida of Wailii, Is. 'Id;, .Is. I:d.,- Is. sd. (lust '^■Saxon,'.2s, 4id..(first call)., , t : ' Tniru'a Broken . Bills; . 3s. 3d., 33. 4d. (first- call). ; •Victoria,-2s.' (thifdicall). , '••'! , ; Waihi..Consolidated, -53.:3 d- (third call). 'VWaihi : :Extendodi,.'Bs...l,d„,Bs. 2d...(first xiall). -Waiotahi; 7s. 4d. (first call)' ...• - • ■; ..; ; . ..":' , 'W'ttitangii''4s. .2d.'' (third c call). ...' -.' (tliirtl - call). .' ■ QLOTATIONS , foiiowing . are . the-latest/quotations,with tho last recorded, sales:— .--'.V. .; .. ' ' ■ -' i'- \ ' -Biivcrs. Sellers.; :-Rale o . ■ JcVa. '£ 5.d... £>d. ■ ; j.' ®." ',ICoinata ;Keefs . . J-.J : Kuranui 5" J ,2 1? ~: ■ -'•Kuranui-Oaledonian.:... .0 zo.■>« ,u J. -~ ;^uiy)n.:r...;,:.:i 6 4. 0 6'5 . , ..Maoriland... ? ? 5». u " • New Sylvia'.o .4 J. 4'2 ■; • Old Alhuroia ...... —•' ■ " !>.. ,0.,1 6 • • -- • < v-. Pride of. Wallil -0 1 3 - 5 0 ' Eeliancp ; 0 J !J --. Koyal Oalc' ......... 0 3 0 , 0 3 ,2. ." ■ - Saxon - i ..........0 '2 - 3 0 2 -.5 :-0 -1 -4i Tairua -Brokon 11i115...- .0 .3. 3 , 0 3 4 . 0 3' 4 Tairua. Golden . Billf3 .. 0 6-9-0 0 - r-' * ■ Talisman> 17 6 2.18 3 .. ' Victoria, .-..-. 0 2 0:. . — 0 2-0 Walhi- . 9-0 6 910 0 v,:WaihirOoMolidate4..;;.v;OiS 2 5 5-« - Waihi' ExtendSd : .0. 8 1. ..— 082 .. . Waihir Grind Junction. 213 ,0. -■■'/ — ,' n ,■ ■ Waiotahi .' 0 7.3 . 0 7 5 0 7 4 r .Waitsngi ; 0-;,4 2'. — 0 4 2 . 0 o' 1.. .0 3 2 0 3 0 / Blackv/atcr - 1. 8-3 ;. -. —-. ... — ■ ' Coai Goldflolds 1.-3 .9.. ! 1 4 0 - - —.; New Hi* iiivcr 2 7. 0 231 9 ; . V 'Ebss.'Cioldflelds ] ~ 016 6 — : '•••: . BAXKEEB' DORMANT BAfiANCES.. y' : y •In V.introducing. a Bill in - -tlie ■ House: of. Com? mons on- Juno 30, "to provitle for ,; ,tho ;disnlos- ■' lire and handing over by bankers to the iDcpart- ■' ment •of (the P,ub!ic ,Trustee 'of: tho. amount *of iy.dp'rmant balßnces.'.ond '.securities, in tholr pos- ■ session 7 and of lunprosonted - old ban It- notes '-is- - ..v'siied; by-theW'-:Mr.Vßottomley • furnished .som'e -j interesting, cises.'i ; Ari v old lady v T?ho had upwards i'bf, :-£2o,CCovin oiio'-bankj - who.:.had \bcon; in.,tnO lv habit,' of.. coining ::p4riodicß.lly.\ to .esamino ;norfor .years.'. Inquiries - made , revealed - tSe y fact tha,t. ,tho .old :la'dy lyas .now iinva; lunatic' asylum; 'and - the, ■'•. bank- still; held - tho money. .lie .said ho had. beon inundated with cases mainly rfrom- French • 'families 'who,-/during.;. : the 1 French. Eovolution. ' ' sent, their i'securitics and valuables, over tb Great Britain,- millions -of - .which :.t,ere still held, In. the ;country."Enormous balances 'of old; Mansion ; 'House ''funds. ! had''nccumulato'd iin privato.' blinks'. ::' whioh: had •; sineb ;beeh -absorhed iby'.;joint-stOck ''-banks, ;»nd .not': afrponsy. ;of . the;., money -;had •'".'ginobvrbeen accounted ■ for.;, A .gentleman.. who ; " said that lie ' was for. soise years the -manager ;; of -a' .iwell-known . private bank wrote statin-i'-that'i't was'discovered-.'one'day ..that-, damp" had penetrated: to tho. Btrons-room. and had, rusted many ftif i the' security::'bo.te:i. to', such, an oxtont that - the lids of some ,of their, had como - off. Ono .box, whidhffoll'to.pieces, on .'being/handled, displayed an' ,enormous .assortment of-IsdianV . jewollery, bangles,', .and many, packets. of J price-.. : less' precious "stones. : ;A list, of these 'was made, ■ ?; 'and.-'they-were-replaced'in U new 'box.*' Shortly. - afterwards ;■ the -.bank'. was • amalgamated, with' ? joint-stock ; bank;, and Nail tho partners?; :re-', . 'tired,-'.hut ,thcy,idid not linnd: over either.- the', /unclaimed balances in their hands,..or.'the...se-; .' ■: cririty '.boxes;.-{ Mr;' Bottomley. .ucnt on to. say. . thdt'he- had particulars'of tho: ottie of a Sept l '. .. "'tish earl,.'who, - two boxes 'of 'securities with,a.well-known pri7a'tc.ibanlr,;.went. ■ ' one day to. chock thorn, ■ and; -'to. his great ajtoriishment,:iwas■ shown three boxeß. It'.turned', .out;;that. 'his vgreat ; Bi - andfat'ner, :. whose . namo V- was ;i .similar,,- liad;, deposited/, a - box : there .150 » yeiirsl'before.' "When; jlossrs.. Coutts. took their present premised .a. short time. ago, -it i'took; -0,. •; whole-' month'titaLFombve; the boxes, of '-.plate' rand' -securities. from-:theirVTjanlt3.' , '\/- i .'''.V,i.' . ' ~-; iSTEENATIONAri -JIEKCAXTIIjS MABIXE. ■. vjU-.W-fienvthis ; -.Great: Morgan-'conibipc' Vas initi-. - r.ted,-.,t1i0; Americans .'made, hugo'-claimsj'to .be-, ! ing i'ablo -:to!'control ■'the,' shipping, 'o'f ,tlie?. world. ; and thero was "tall '.talk'!: on other matters. The /''•' International-. Mercantile./ Marine -has, .since its., inception, proved .too' big - an-undertaking;,for the . Americans, . at. , all . events the , balance*. ; .sheets, have had to he accepted by the .shareholders with chastened,'resignation;'. It was in- ; ; . evitable that: .'the'v big - combine should' feej-lthe ; full' effect, .of ..the' adverse' conditions .prevail- ;,, ing , the Atlantio. shipping' "trade last.. year, stillthe■ figures'; are 'very fdisappointin?.' •.Tho .actual ..voyage -.'earnings : were 1 . £5,996,200. 'as against V,£7,e53,720in'11907,. and; £7,136.230 .in 1906,' and .'.while ..expehsfs/. Yjcri:. some'- £520,000 Mower,' .the; not';earnings'"'show'a. drop of. over £i;2CO,OCO;' amounting . to.';.ohly.r'£100,(!0(l ' as 'compared with: .';£1,416,200.":..;,Charges ."and:' taxes : ;were;. 1 rather. ; higher';'at, ,£739,200, .'leaving -,'a : i deficit 1 of .'£558,600. ; vrhicli ' is, .reduced . J3345,600; by ( 'thc surplus ;.;' ■ from ,the ! insurance account; For tho previous ..year, a- surplus was shown of £806,800, practically ~ tho: whole of: whioh, however,- was-deVPted to de-; preciation of st.eauiers'. '. '•

.-,i %¥' ;='- V;^ v ' A - ! '* EV '' WAX. . ;ly 'A ; .-United -States •:- Consul in;' Mexico . reports - .that - the-i-wax 'obtained; from the ■ .Candelilla ... plant by' a', recontly-invonted .process can- be . -bleached: pure'whito. arid purified, and will', make- the best;quality-' of 'candles, giving a bril- . . liant light,. ~-It'has .the colour of Ibeesnpud' whifch -. : 'makes it doubly preferable for .'use in candles.'Dissolved in turpentine, it makC3 nn excellent varnish, and' is .used in 'the. manufacture .of shoeJ'polishJ Purified and moulded into plioncf I?raph,':rcc9rdsi-;.it will take the sounds :per- " fectly, and,- on account- of its. - it will probably in time take the place of the', wax now ,used for.records.' Tests.made', to; dei termino - its' adaptability- for'singulation 1 of• elec-' ' trie- vires have been' successful;; andit may , .supplant .the . high : priced rubber in this indus-: , try. Another: uso -is .its'-substitution for bees- .... wax, in. pharmaceutical; laboratories. It can .be placed on the.market for,lesn than he ,[j - ( : - r. and a's ! ft is ,of'greater hardness and has, a higher melting point;''will'..answer the purpose, y In the manufafturo of plasters- and ointments. - •'l • BUILDING SOCIETY. 7;/ v" ■ ,- -The-fourteenth' annnal: meeting of the No.' : 2' Co-operative Building Society of Wellington was' called for last. evening ,at tho. office; 33- Willis; Street; bnt' lapsed for. want, of .a. quorum. The ' directors, in. their annual report, stated; that •••; in; thoif.- judgment tho 'society was in - a ; sound ;-condition, and-that tho> securities held wero .suf-. ,; flcient, for the' .purposes' for, which. they ;■• were. received. The subscriptions, received in the year amounted to -J523},, ahd the '.redemption.''moneys'- ■ to--*£564 135.-.Bd.' .In; addition-.to thb credit , bal-' : ance shown on-tho pront- and loss account, some. -• interest had-, accrued in - the ; Post - Office Bank, end there was' a small anionnt of money from ;.shares :forfeited. ;'ln .thie• y6ar,"M:meotings - of, the. hoard, .were held,-12 of them bein? ordinary ; . -monthlymeetings,- and. tvfo :special.. A few; i', months agp:Mr.-T. Byles, : who,had;renderedjftod Ber,vicf). ..to.-the''society for ..several years, paid off 'tboiloan ho had received' from, the society,' . >.nd coased to bo a, member of'tlio board. Messrs.'- ;. E.-'S. Haughton and : F. W. Girdiner were rc- - tiring in ..accordance.; with tho requirements of tho.sooiety's.'rulcs, and'had given notice of their intention-to be .candidates.-for .re-election. ; GOLDEN BAl' .CEMENT WORKS, LIMITED! . ; -At a meeting: of directors of tUo Golden Say .Cement Works, Ltd., held yesterday 'morning, an ; additional; 1330 shares wore allotted. : The .-. company's :';brokors" reported a much-improvcd ;■ : demand - for. shares, it -is' anticipated that ; sufßcient -share capital will be obtained-'iri- a. few weeks'to justify an early-start of operations on tho company's gronnd.iu .Golden .Bay.; : - Customs -revenuo - collected at Wellington yester- • day. amounted to £7MO 155,10 d. -

:y; WELLINGTON 'MAEKET REPORT. , '-Mesas. Laery' and' Company, itd., 'Wellington,, report wholesale'prices ruling on the market:— Wheat, fowl. ,45.. Bd. ■ to.' 4s. 10a., shrivcllcd: wheat 45.; feed oats, 2s. to 25,.-5 d.; I)nn . oats, 2s.'3d .to ,2s. , 4d.; isscd: oatls, Z*. 4d'. to -2<\ 5d.; Algerian feed oats," 23.,2 d. to' 2s.' 5d.; maize,. 45... 4d, to <s..'-."7d:; crushed inolt,; 7s.;'"fowl'barley, 2s. 6d. to ,'2a.. 9d.: .Oapo barley . seed, 3s::: horse beans, 4s. 6d:> (all ,at per bushel); .rioemeal, £4 ~6s; to. •£sr- Hour, -Hew Zealand, £11 10s. to £12; bran, £4.105. to £5; pearl-barley, £16; peas, partridge 45.:9 d., Prussian blue ss. ' 3d., to. ss. 6d., fowl peas 4b., split £17 IDs.; boncdust, £6; superphosphates, £$■ to £5 :ss:; . basic slag, £<! 10a.; pollard, , £6.105. tb •'£6; 155.; guano, £5 to £6 10s.; chaff (oatensheaf),'i£J: ss. to £3 -155.; -oatmeal, £10,155. to £11;. potatoes, £4.t0.£4 105.,. ' Beed' potatoes, £5 to '£6 10s.;' "onions,' £5 to £7; Japanese onions,' £11; molasses fodder, £5; bacon (factory),; sides - 7Jd.. liauis ,Bd., rolls Bid.;' butter, bulk,':Bd. ■ to 9d. Hens 3s; ducks 4s. to 55.;-turkeys, gobblers lis. to 125., .9s. to 10a.; fresh eggs/ls.' to Is."'ld.;-cheese,'6d.' to' fid. per lb.; loaf, 7d. to 7jd. per lb.; -Akaroa machine-dressed • cocksfoot' 73d., ;to Bd., farmers' dressed sd. to 6d. per. lb.; ryegrass, 3s. 3d. "to to 4s.t M.' per bushel; Italian ryegrass, '3s. 6d. to 48. 6d. ;i per. bushel;' wh'ito clover, 70s. to 755. cwt:; red clover, 655. cwt.-, cow grass,; 655. cwt.; alsike, 182s. ,6d. cwt.;, mustard,. 405., cwt.j trefoil, 375-6il. cwK;.rape seed, 265,.cwt.; timothy, 325. 6d," cwt:; swede-and -turnip s6ed, 60s.*.cwt. .- The New -Zealand Farmers* Co-operative Ilia- ■ tributing Company, Ltd., i report, as follows:— . Maize,-. 45. : 6d. to 43. 9d.; wheat, whole fowl. 5a.l

barloy, Capo seed, 2s. 9d.*, barley, feed, 2s. .6d; to 2s. 9d. per bushel; "barley meal, best quality, ;£5 10s. to £6 per ton; oats, -26. 3d; to 2s. 4d.; oats, seed, -Sparrow-bills;. Gartons, Duns, Algeri6d, to 23.._8cL; oats, crushed. 2e. 7d. per bushel; horse beans, 4s. 6d. per; bushel; partridge peas, 43. 9d.; . Prussian Blue peas, ss. 6d. per .bushel; hay, .prime, £3. to .£4 16s. per ton; straw, wheatcii £2 55.; oaten £2 2s. 6d. per ton; bran, £4 15s. to £5; pollard, £5 15s. to £6; sucroBinfe, .200's £7, 100's £7 ss. por '.tori; lmseed oil cake, genuine, £13 per ton; primo oaten sheaf .chaff,, £3 ss. to £3 10s.; discoloured, to £2 155.-per ton; potatoes, £4 10s., to £4 155.; se« Iccted Canterbury T/p-to-Datc seed? £6 55., British Queen seeds £7 10b.,. Dakota Reds £8-10s.; onions, £5 to £5 10s. per .ton butter, separator 9d;, dairy Old to-9d. per lb.; eggs, fresh. Is. 2d. por doz.', fair demaud; honey, 60s 4id., 14s 4j|u; beeswax, Is. 6d.j fungus. 43d.?-. walnuts 4Jd. per lb.; cheese, best factory, mediums* old.; bacon, factory,' sides Bd., rolls 9d., bams Bid. per lb., porliers, 70's to 90'sV sd. to sid., 90 S ( to 100 s sd. ; baconors,' 4Jd. .to-.43d.; heavy- pigS, 3d. to aid; per lb..- 1 vory t good, demand; cabbage, is. 6a. ; to 2s.'; parsnips,, to.'; .carrots, table 25., horso carrots 255. per ton: • marrows, Is.; cauliflower, 45.; piimpklns,'3s.' por sack; swedes,'2os. 1 per ton; apples, dessert, '6s. 6d.'. to 9b.; apples, cookers, .65.; :pears, dessert, 10a.r6d.; pears., cookers, 15s. • per case.' Poultry: Table roosters, 4s. 6d.; cockerels, •5s 6d.; tablo hens,-4s.;,ducks,"6s. to 7b.; geese, 6s.' Cd, to 7.5., all.at per'pair. .Turkey gobblers,' 10d.; hens, per ibi. GRAIN. AND PRODUCE. • (By Teiegrapb.~Prcßs Association.! - Chrlstchurcli, August 13. - There Is'a fair'amount of wheat offering, but as growers'ato.generally asking 4s.' Sd. and 4s. 6d. at country stations'no businoss. is ;rcsulting, •as buyers do, not..see their way. to give these rates; : ' -V; •'y ■ ' •- • Oats are easier.owing to .tho'demand .-for ex-, port having 'fallen off.. Prices, for Cartons are fully Id. bolow late rates. .. ', , ; ' The domand; for potatoes is limited, inquiry for Dcrwents boinp, howovcr, bottertban lor up-to-Dates. '.' Tho high --prices- ruling .in Australia consequent upon the -restrictions., placed ,upon tlio import ; of Tasmanian * potatoes have not aiFpbt'ed tho Sew;'.Zbalaiid. raarliet, as Now Zealand' potatoes--.'aw -still, prohibited ;,from.. being, landed: in, Australia., B'tNK OF ENGLAND KETUBN.'. - (By Telegraph'.—Press -Association.—Copyright.) '■ ■■■ (Ree. August 13, 8 p.m.)/ -'.'O _v. : 4 .- •. • London, 'August 12. for the. August .11,- is as under:— '• *..• . ItSCK .DKr/.BTMEIIT. '' ; Koto Issiii'' £E6,OIO,CCO\ Gov. eocuvitic'fi£ll,ols,Coo 'f ' Other securi-- ■; " . .. ■ ' • tiaa . ... 7.434,000 . i .. Gold -57.581,000 ;• ' "'. >j8,C50,6i) ■ .-sBo.OX.COO -. > Uaseino Dr.PATiiiir.VT. .. - l • rroprieiors ■'•- . ... Govt, sccuri- ' . capital. ■" i1i,553,000"J ties..:. £15,36i,000: TuWiodo- - "'- Ot-hei-secuii-• p05it00,402.000 ! lies' ..'-,'... 23,306,003 Other de- • . .': ' V-v posits. ... ./.IWlH.OpO'Notes . 26,275,000 Eci.t, May ,v -.- . ■ ; j . and otlior •' - Com - 1 1,560,003 vv -biiis; ... s.sso.cco 1 . ". £71,0e7.CC0 ' : •'. . -'. £71,687,000 • The 1 leading items of the Bank cf-Englanfl ; return afford the. foil owing comparison i— : ' . Tbisweek. Last'weolj., Last yea i £ ■ :i! Bullion ... . 37,581,000 .', 37,117,C00."' 3WW.COO : ; Heserre.- ... 27.835.0C0 26,817,000 ,25.475.000 i^otc-circulation 20.75rj.C0J "I'D.O-27.000 !$,520,000 ■ . l'tiblic .Deposits U.40i.C03 I.mM- n.HR.OOO . Other Doposiia. 4i,29'.',tWJ 40,tjji,l)'JU - 4b, 547,000 Viofouiioa ,'o{ • ' • ' . : reterve ~ 'to /:... ■-.. ;;■ .i ■.--' .' liabilities ... .51.91 ."£0.70 50.22 1 • GOVEEN'MENT SECURITIES. ; ■- '' Tho ioilovFing 'are the"; latest, quotations for '.Government /securities,' with • a comparison of.-tliose-i'uling last week : i— , ..' ; . .; .

- -' TKE'.MONEY JSARKET. : The ',BanfcCof.-;Englap<f discount 1 , rate is 2J f per cent., to which; it iwdsieduced on. April. 1. Short loans in London are unahanged at 1 per osjit. " : V ... Tbreo months'-bills ; in London/unchanged at. 1 7-16ths' par cent.; in Paris,' unchanged, at H per , cehtv;' and in r Berlin, 4 : l6th;. :lower;., •at; 2 3-lGths; iier 'ccnt.' . "J-. 1 ;- ' COLONIAL AND OTHER PRODUCE. Wheat.—Brilliant' - weather; lower American' •prices; 'ahcl.'tho' pressure to sell new- Russian and Canadian : are combining*-to depress markets.-' ; ,T here is 'little inquiry.for ; holders'are . asking:.i2s.:.for .wheat , afloat. .There, is a • small' demand for Australian, .oh spot, 'at 455. '3d.; ,New. Zealand,' .long!.berry, J 455.; short : berry, -Ms. fid. .peiv.qiiaTteiy ■ i Hour.—The. market is weak-'and inactive. Australian-patent makes; are quoted-in London,. at-325., and in' Glasgow '!it.'326.- Gd.~. . •flats.—Therfe is 'a fair inquiry.' .• For': New Zealand,-:'2os.' Bd. .fo 215., 3d. has? bean, paid for 'Bartons'- and sparrowbllls.by-nearsteamers; 19s. ,|Sd.';to;:2os/:is:;asked' r ftir. July:Ghipiuonts. Theire is'-s. : -faii''.trad© ; iiv La-Plata oats-.at;.iGs,'.9d.: • Biitter'.^Th'o.'market'is quiet and.unchanged: There is po: demand 'for colonfixj.. The s.s. Pericles shipment has been all stored. ! Sugar.—German.beet,,sd.- higher;at lis. 3d.; first .mark granulated,*-'f.o.b.'-. Hamburg,' -7d. higher at 13s. Gd. per cwt. • • - - : . Bradford- Tops.—A' fair, business is passing. Porties, l2Sd.; forty-sixes, lijd.j. common sixties,' 25Jd.; 'super-, sixties,' 261 d.; 'sixty-fours, 271 d. .per- lb. ... \ • . . . THE 3IETAL MARKETS. .Copper.—Spot, 25s.''.higher, £. /"0 lSs. 3d.; three - months, 25 s. -'higher 'at.' 'Jtiu' 155.; clec"tfolytic," i£Gl per" ton.- . . ' ; •-.- :.'lTinl—Spot, 375,- Gd..',higher at-£l33'-55.; three months,; 425. (id. higher at ill3C 15s. per ton. ■ Lead," unchanged;,-.iit"i£l2 lis.'3d., per ton. \. . LONDON. JIABKBTS'-'. . Messrs. Dalgety and Company, Limited; report having. rcceived"'the following cable messages from thoir London house under date . August 12:—Tallow:'-Bince'our last'wiro prices, in general :aro;,from . 3d.'., to 6d. .lower, . Demand , is • limited. ineatVTbero is less demahu owing -;to . decreased retail; ..business, consequent ..upon'the weather-being very hot. Lamb: since our-last:wire, for Canterbury primo lamb any. change"of 'prices"i&"iff favour or buyers. Other descriptions arc from Jd. to id.-per lb. lower. -The. market for lamb is weak. Mutton: Since our ilast; wire for heavy descriptions any change .in prices-is in favour of ooliors. I'or other ,aescriptidns-: th6;'market;is weak,- but . prices are ■ not quotably*changed. - Beef:; Hinds, unchanged; fores, Jd. higher.

WOOL, HIDE, AND TALLOW SALES

Messrs." ;Dalgety''and' Company, Limited, report having held their, fortnightly, sale of wool, ■skins,- aiid- hides..yesterday, when they 'offered a good : catalogue; .of all classes to "a large attendance of buyers. The following will givo an .indication of prices realised:—Wool: Prices were on a ,par with; last sale, with; the exception of good crutchings, which were ; {d. higher.' Medium , crossbred, 3d: to " 6{d.; crutchings, best, 'ltd.j to' 5Jd. j other sorts, 3.Jd. to 4J(1.; .washed 'pieces, SJd.'-;' locks, ljd: • to. 3d.; dead, 43d.' ■ Sheepskins:- Prices on a par. with 'last sale. Medium lialfbred, 6d:j 'crossbred, ijdi-; 1 'to'7id.; crossbred, dead, 4|d.j crossbred, short, 3Jd. "to 'id.;; shorts,. damaged, '2|d.; pelts, inferior, l'Jd. 5 - to 2!d-; ; crossbrejl," lioggets, 6d. to 6}d,;. merino, Sid.; merino, dead, 3Jd.; crossbred, damp, 3s. id.' to. Gs.' Hides: Prices on a par with last sale.'Light sort's father'firmer. Calfskins ' recovered their drop;, at. last sale. Prices were:—Ox, heavy, GJd. to G|di; medium, sjd. 1 to Gd.; light, ssd. to'sld.; cut, 5d.; stag, out', 4W.; cow medium, --53d.■■to . sid.', light, sjd. to s|d.; cut and slipfiy, ,3id. to lid.; bulls,. 4Jd. ;■ .calf,' best;- 83d.' to; 9gd.; medium, s|d. .to' GJd.;-inferior, 33d. to i|d.; yearlings, 6d.; cut and slippy, id. to sJ.il.' Tallow: In casks, 235: 9d. to .243.; iu. tins-and barrels, 21s. 3d, to 21s. 9(1. ■' . ; ''Messrs. Abraham and . Williams, Limited, report on their sale held yesterday Yas follows:— We offered ,a'good catalogue of all classes of produce : to a , representative. . attendance of buyers. Competition was spirited for all our offering., Wool offered ; comprised mostly a very .medium' -selection of ■: crutohings, for. which prices were on a par; with last sale. Skins 'and • hides were also selling at' about the same level, although the'damp; skins we olfeted sold at'a higher price,''our top price for a good line'being Gs. lid. .We quote:— Wool: Clean medium crutchings, -ljd. to. 5d.; heavy' condition, 4d. to 4id,; inferior, 3Jd. to 3Jd. j rough crossbred, 5d.; pieces, 2Jd. to 3Jd. Skins': Balfbreds, Bd.; crossbred medium, 7d.; coarse, 6ld. to. GJd.; lambs,; 6'd.;, half-wools, SUI. to 6d. i merino shorts, 5Jd.; "dead seconds, 3jH. to 4d.j good dead; old.; crossbreds, short and 'damaged,', lid. to 6id.j .crossbred,- damp and light, 3s. 7d. to ,4a. 10d.,; medium-weights, Ss. 7d, to. ss. Sd,; oiossbreds, koo4, Gs. 2a. to

Gs. 4d., Gs. 7d. to Gs lid. Hides: Heavy ox, medium condition, 63d.; medium ox, Gd.; light, sjd.; medium to heavy cows, '53d.; light, aid.; damaged, 33d.; bulls, 4Jd.; calf, best, 9|jd.; good, S|d.; ordinary, did.; damaged, sd. Tallow; Casks, in shipping., order, good fair quality, 235. 3d. per oivt.; inferior, 215.; in tins, 21s. 9d.; rough fat, 17s.

Messrs. Murray, Koberts, and Co. report as follows:—"We offered yesterday a catalogue of 50 bales wool (crutchiiigs), 2000 sheepskins, aud ■150 hides to a good attendance of buyers. Competition for rill lots showed good spirit, and prices for best parcels of crutcliings ruled at some advance on last sale's rates. .Sheepskins sold at par with last sale, while hides showed a hardening tendency, especially in light--weights and calfskins. Prices realised are as under:—Wool—Crutchiiigs, clean light, sd. to aid. per lb.; cnitohings, medium, 4Jd. to' 43d. por lb.; erutchings, inferior, heavy, and seedy, 3d; to id. per lb. Sheepskins—Fine crossbreds, 7}d. to Bd. per lb.; medium and'coarse crossbreds, G.Jd. to 71d» per lb.;, crossbreds, inferior pelts, 4Jd. to Gd. per lb.; crossbreds, short to quarter-wools, 3d. to Gd. per lb.; crossbreds, dead and damaged, 3Jd. to sd. per lb.; lambs, sound pelts, GJd. to 7ijd.; lambs, inferior pells, sd; to 6(1. per lb.; lambs, dead, 3?jd. to sd. per lb.; damp skins, heavily woolled, none offering, damp skins, medium;. 4s. Gd. to. 55.. lOd. each.' Hides—Ox, Jienvy, GJd. to 7d. per lb. ; ox, niedium, s|d. to GJil. per lb.; ox, light, sjd. to sjd..pcr lb.; cow, medium, s}d. -.to' SJd. per lb.; cow, light, 5Jd. to sid. per lb.; bulls, 4d. to IJil. per'lb.; damaged .hides, 3d. to sd. per lb.; calf, best,,B!d. to 9Jd. per lb.; calf,'iair medium, 7d. to 7Jd. per lb'.; calf, damaged, 2Jd. t0,.5d. per lb. Tallow—Tins, 16s. to 21s. Gd. per cwt. ' • The New Zealand Loan' and, Mercantile Agency, Company, Ltd., report as 'follows:— .Buyers were in full attendance at yesterday's sale, when we submitted a'fair-sized catalogue. There was keen competition for wool, .all sound pel-ted'skins and hides being at prices sightly in advance of last-sale's rates. Faulty skins met with only .poor competition, aud( it is regrettable to note the numbers of rat-eaten,'■ torn, and neglected skins which are sent into the market, resulting in .serious losses to ; the farmers during the coiirso.. of a year. . ,We would urge all owners to take, greater care of their sheepskins. All that is required to 6ave a skin properly is to liang it lengthwise on a, rail under cover, ivith plenty of air,' until it becomes dry, and then pack it away out of reaoh of vermin until\ convenient to send to tho market. We quote:—Wool—Crossbred, medium fleece, Gd.. to! 7d. per. lb. j crossbred,' inferior, 4d. to sjd.; crutcliings, superior, nono offered; -erutchings, good, 4d. to 4jd.; crutchiiigs, inferior and seedy lid. to 3J(1.; locks and pieces, 21d. to ' 4Jd. Cno. to 7d.'; crossbred, coarsc,'. s!d. to G-Jd;; lambskins, SUI. to 7}d.; dead and faulty skins, 4d.-to 5Jd.; good pelts, 3Jd. to 41d.; damaged pelts, Jd. to 3d. Hides—Ox, Imetlium, 5Jd. to GJd.; cow and light ox, 4Jd. to Sjd.'j yearlings,' 5d..-to s}d.; faulty'hides, Id. to 4td. ; cg.lf, sound (medium),-- 7d. to BJd.; calf, damaged, -2jd. to ajd.' Tallow, in tins, 21s. to 225. per cwt. Is.; to Is.' 4d. per lb. ,'Slessrs.'Levin and' Company, .Limited,, reportas'follows regarding yesterday's sale:—We offered 45' bales of .wool, . 2500 skins, 1-160 hides and calfskins, and a quantity of tallow and horsehair.- There was a" good attendance of buyers. Wool: A considerable proportion of tho crutchings coming fofward how are seedy and lfeavy. These mett with poor "Remand, and aro haTd to sell at remunerative rates. For good crutchings, however, there is exoellent demand, arid at yesterday's sile good lines were keenly sought fifter at an advance of a halfpenny to' three-farthings. . We- quote :— Crossbred fleece, sd.' to' Bd.; lambs, Gd. to : 7d.; superior crutchings, sd. to; 55(1.'; medium crutchings, ,4d. to. 4Jd.; ' inferior crutchings, 3d. to 4d.; pieces and bellies, 2d..t0 4d.; locks,lid..to 3d. Skins: Strong at late rates, with advancing , tendency.;. .We quote :—Fine crossbreds, 7(1. to'7Jd.; crossbreds, Bd. to: 7Jd.; 'lambskins, Gd.: to 65d. ; dead skins,-3d.' to 5d.; dead hoggets,. 4d.' to s|d.; short wools, 4d. to 4id.; . dry pelts, 2Jd. to 4Jd.; green skins, ,4s. -to Gs. 4a. ; Tallow Finn. Parcels in' order, ,£23 15s. ; tins, ;'J6IB to Js2o' 6s. Bough fat, '• JEI.O to i£ls. Horsehair, Is. to Is. 2d. p«r lb. > .'Horns, ss.'to iGs.' per hundred. Cowtails, Is. 3d..ito'- is.- 7d. per dozen;', Hides: Strong demand for : mcdium ox and . cows.'; Heavies • were' easier. Calfskins advanced-: again! We quotaiTiQxr'hidesj^/heavy,,.!6d. to 6|d.; ;ox.- hides, medium,-,sid. to 6Jd.; ox hides,, light. ,sd. to ! 53d;; ; coir! hides, sd. • to :.si|d'.; cut and slinpv hides,-2d. ;to'-S'd.'j'stag hides, ; 2Vd. 'to 4!d.; bull hides, 2d. to 4'd.; yearlings. . sd. to ,6Jd„; calf,, best, 7d. to 9Jd.; calf.--medium, sd. to GJd.; calf, cut and slippy, 3d. to sd. .. -

MINING NEWS. y

,j : . ' STOCK EXCHANGE. : ;f i. ■ : (By Telegraph.—Spcclal Correspondent.)/ '/Auckland,: August' 13. ' The following are,yesterday's.mining sales on the Auckland Stock' Exchange ; Dixon, Is. 1d.,/Is., Is. Id..*;.' 3':! .. ,■ ■! Kttranui,';ls;'7d./ . • ' j T-!,'' 'Kurarnu-Oaledoniari, 2s. \ • . . Magnet, 3d. '" > ' Jlay Queen, 6s. ,4d., 6s. 5d.. 6s. 4d. V . New, Sylvia, 4s. Id. " -.Old Alburnia,: 2s. 9d. (paid up), 2s. .4d. :(con.). . Victoria, 2s. Id. to 2si 4d., ;• : Waiotahi, 75.~ 4d., 7s. sd. . . ■ Waitangi,. 4s. 2d: ■Watchman,. 3s. 3d. • .. • , ! , Blackwater. 305., 30s. 6d.' Consolidated'Goldfields, 245. ... Mount Welcome, 2Ad;:' ■' • Old Hau'raki, Is. 7d.' Kaparigai 7Jd- .. .>.. • Pride'of Tokatea, 7d. *' : ; • Eoyal. Oali '(con.), 2s. lid. . "■ 'l'okatea, 4d. ■ Crown,;6s. lid. to 7s. Id. ' ,' v . .. • ; Golden Cross, 2Jd. Kirikiri. lid. ■ ; ~ 1 ; Now Waitckanri, 3d. : , Pride' of Waihi, Is. Sd. Is. 6d., Is. Sd. Rising Sun, Bd. Shotover (con.), 5Jd. Tairua. Broken Dills, 3s. 3d.' to ,3s. Id.. Tairua Dawn, 2jd. -. Tairua Golden Hillj, 6s. 9d., 6s.- Bd.; . Tairua Extended. JJd. • Tairua ! Monarch, 7d. Tairua Beefs, 6Jd. (6d.'paid), 5d., sid., (con.). Talisman, 575. ; Sd.. 585., 575.'9 d. Waihi, £9 10s.. £9 10s. 6d. '.' Waihi Beach, 10d.' ' . Waihi Extended; Bs. to Bs. fid. to Bs. 3d. Grand Junction, 535. 6d., 54a„ 535. ,9d. ~ . ' Handsworth, Is. 2d. , Mountain King (con.), Is. 8d„ Is.. 7d., Is. Bd. New Waitaia, Is. (id., la. 7d., Is; 6d. Missouri, old. \ lliy Teicuraph.—Press Association.! 1 " Dunotlin, August 13. Stock Exchange sales: May Queen (6 weeks forward), 6s. Bd.: Waiotiahi. 7s. 6d„ 7s. 5d., 7s. 4d., 7s. 6d.; Waihi Extended, Bs. 3d., Bs. Id. (two parco!s). Sales reported; May Queen (one month : forward), 6s. 6d.; Waihi Grand Junction, £2 135.; Waihi Extended, ,Bs.; Waiotahi,'7a. 4d.,75. 5U.; Pride of. Waihi, Is. sd. , ' TEE WAIHI FIELD. (By Telegraph.—Sbeclal Correspondent.) Auckland, August 13. There has been increased interest in the Waihi fieid of late, as a result of which several claims have been taken up again. A southern syndi : cato'has the Gladstone and Waihi East claims' to the south-east of the. Waihi. . The Bomelus and adjacent areas on the north of_tkc Consolidated are held under'option of. Mr. G. Arnold,. acting for English investors, ' who are forming. a syndicate at Home to provide the necessary capital for preliminary boring operations. The intention is to fonu a strong company later if results justify such procedure. Several other areas have been repegged and applied for, and are likely to be worked before long. It may be .hoped that this spirit of revival will load to a proper fostering of tho industry. and that in each ease vigorous enterprise in legitimate development work may eventuate. . Tiie day' has gono by when a policy of "pottering about" in shallow level is expedient at Waihi. The whole aim of future mining propositions should .be to "go down." ; DKEDGISG. ' . (By Tulcsraijh.— Press Association.) bunedln,. August 13. ' Dredging returns: Mystery Plat, 51oz. lodwt.-, Good Chance, 370z.: Electric 1., 2803. 13dwt.: Koputai, 260z.; Masterton, r 2loz. 17dwt.; Waikaia, 16oz. Udwt.; South .Wailtaia, 12oz. 7dwt.; Lady Roxburgh, 6oz.' Udwt. ' _ •' Tho usual reports of live stock sales will be found, on pago 7 of this issue. Messrs. Baker Bros, will sell by public auction, at their rooms, Larabton Quay, on September 1, under conduct of the Registrar' of the Supreme Court, a new 8-roomed residence at Kelburue, with a quarter of an acre of land. Messrs.. W". H. Turnbull and Co.' insert in this issue their change list of city and suburban properties, and draw special attention to 'the 5-roomed.house at Kelburne. . Messrs. A. L. Wilson will sell JEIOOO- worth of liigh-class furniture at Harris and Co.'s cabinet, works, Adelaide ltoad, on August 25 and 27. Tho Official Assignee has instructed Messrs. A. L. Wilson and Co. to auction the; whole of the plant in connection with'Ritson's stables on Tuesday. ;

•. • ..Variations .V-..;; • Pr3 c„ v compared ' •, - riC0 ; • ■•'.with .. -• • l&gtweok.'' - • ; • .• -y ' 2?•% Imperial Consols... : 64'3 ().* Unchanged 4 ; f *N.b.'\V;it l 6DJan.-.)uiy1W ;0. 0' ; 10s. higher. ... 98 -2 t>.. 2s. (}d. lowor b ■• I 67 17 ,6- • l6s.highor . 4Vie.lt2Q Jan.-July...lbsiO- 0" Unchanged „ Vifc. Ifcil-fiJan.-July' • ' i»7 17" *0."Unchanged is • Vic. 1HSW0 Jani-Juiy .... u 88'30 0 V : ' . Unchanged, •Si „ S.A. : l916Jan.-July ' ' i„ 9t! 0-0; v Unchanged: '& -: n i».A.'i&liMan.-Jttly . • | : b4 10 s - 0. ■ Unchanged. 4 Q'l'diyiC^Jan;-July •. 10i 0 0 . 6a. higher *i',. Cl'i!dl024-3OJan,'-Juiy „„ .97 ' 6. : Unchanged b . i Ql'ulWi-iTJan.-Juiy ■ ; \,V : SB 10 0 • UnehaDgod; A '■ 2&ifay-Nov. ;r10u: OVO Unchanged b4 „K.Z;,'lWOJftn.-J\ily ..10 0 Unchanged 3 lWi April-Oct. • • ... 87 32 . 6 Unchanged 'i.AV.A'.l&iO-may-Nov . ... 03 1U 0. Ss.lowor 8 ':;,SV.A.litf5-&Atay->idv b8 0 l) Unchanged 'fcj „ T&s. 19i00flm.-JuIy- . ... M .5 0 - 7s6d.hi«h6r l'JiO-dOJaa.-July'. b7 0 0 J : Unchanged