COMMERCIAL.

Waikato Times, Volume XXIII, Issue 1889, 14 August 1884, Page 2

COMMERCIAL.

Waikato Times Office, Wednesday. AUCKLAND STOCK AND 3HAKEMARKKT. Mb J. R. Uanderson nionfclily report : - There has been a decided improvement during the month in the mining market, owing to a rich find of specimen stone m; the^lbw; level (No. 6) of the New Prince Imperial Mine at the Thames, which promises well for the field. The same improvement is noticeable in the market for local stocks, owing to the indicated easing off intbß money market. Bank of New Zealand have advanced from £21 10s to, £22, with few Fellers at £22 ss. Colonial ,B*nks have firmed fiom 40* Gd to 435, with strong buyers and no declared sellers. New Zealand and South British Insurance are bettor by 2a to 3a per share, and other .shares of the same sort in proportion. Auckland Gas shares have also participated in the improvement, and are now nearly up to the highest quotations, having advanced from £10 2s Gd to £10 10s. There has also $fern advance in Taupiri Coal shares owing to continued success. The most iWe change in quotations has been in the Bhares of the New Prince Impeual Company, which advanced from 15s to 61*. The cause of this considerable advance is worthy of more than a passing notice. The low level, before mentioned, has been driven some distance on the lode, and so far has exceeded in results not only those of the previous level up to the same point, but also the most sanguine expectations. There is therefore a large block of valuable ground already opened up, and there can be no doubt but that many large returns will come from them. The directors have also, like wise men, decided at once to continue deepening the the main shaft to get ready for another level, as strong gold was left on the floor of the present drive. 1 hey have also been successful in securing a fine battery at the low figure of £1000.

LABOUR BKPOHT. , _ , , R. M. Heighton and Co., iNew Zealand Labour Exchange, 177, Queen-street, Auckland -—The labour market has been bribk during the last week and many engagements have been made. Ploughmen, 20» to 25s and found ; milkers, 12s to 15s ; general farm hands, 15s to 20s ; labourers, 6s to 8s per day ; grooms and gardeners, 203 to 30a per week ; storeinen, 40a to 4.is ; shop hands, 25s to 50s ; youths, as useful for town and country, 10i to los and others. There has been a fair supply of women servants and many have found good situations by applying to our office. Housekeepers, 12s to 20s , lady helps, 10s to 19s ; cooks, 14s to 255 ; general servants, 8-, to 14s ; housemaids, 8s to 10s ; parlourmaids, 10s to 12s ; uvusegirls, 4s to Bs. We have a good supply of men servants registeied on our books suitable for all occupations, and wo would again remind employers when directiug their letters at a distance to write the address in full and state full paiticalars as to duties required, arrangement of pas&age expenses, if any, with correct route.

[beuteh's eelegbams ] IReceived August 12. 10 p.m.] LONDON MAIIKErS. LONDON, August 11.- -Consols remain at 100 i, and New Zealand securities are as follow :-The 5 per cent. 10-40 loan is 104\ ; the 5 per cent. 1889 loan is 1044 ; the 4.V per cent. 1879-1904 loan is 99?, and the 4 per cent inscribed stock m 101. Afuither decline has occurred in the msuket fur colonial breadstuffs, and to-day's quotations are as follow :— Adelaide wheat, ex store, 39s ; off the coast cargoes, 36s ; New Zealand wheat, ex store is 34s to 4u's: Adelaide flour, e\ warehouse, is 275. Australian tallow is unchanged. Aveiage quality in beef, 34s od ; ditto mutton, 34s Gd. The market rate of discount has advanced to If per cent, lne bank rate is 2 per cunt.

[reuter'.s telegrams.] [Received August 13, 1.10 a.m.] MELBObHXJ: 51 VHKErS. MELBOURNE, August 13.— The Melbourne manager of the National Moi tgage Agency Company of New Zealand (Limited), repoits of the local produce maxkets as follows :— Wheat, 3& lOd to 3s lid, and the market is dull and dropping. Malting bailey, 3s 9d to 4b 4d, and pi ices show a slightly improved tendency. New Zealand oats (feeding sorts), 2s lid to 35,, with a tendency to harden. An active demand for milling borte, and prices firm at % 2d to 3s 3d. New Zealand oats, under bond, 2s 3d to 2s sd. There is no change to repoit in the market for kauii timber.

ÜBLBOVRSE WOOL ANJ> PRODVCK M VKETS. Mkssss GoinsiißOUGH ASi) Co. report under date, Melbourne, Viotoiia, July 28 : — Wool.— Although the amount of business done in this waiket since the i&Mie of our last summary has been very limited, tlieie has been an active demand, and the puce-, rralised at the public l " lles liave been ni £ nlv satisfactory. The lots offeied have been chiefly consignments from the Darling, which &old at fiom 7d to (i\d for gieasy and from 15 £d tol7', for scorned, according to condition. FelmonßCis' Scoured skin wool sold up to 18d for merino and 14 \d for fine crossbred, while the coaisei kinds jantyed from i)d to 11 V per lb. No superior lots weie offered." In all 12J3 bales have changed hands duung the month. The season continues favourable for pastoral persuits throughout the greater portion of this colony and New South Wales, and the effects of the late drought on the northern pastures are rapidly passing away. The lambing is now nearly o\er, and the percentages m many distiicts are much greater than was anticipated ; still there is no reason to donbt but that the general inciease will be much below the average. Monthly Grvin Report.— Om stocks of grain having been so heavily drawn on for export dvi ing the first si\ months of the ■ season, shipments since our last lepoit have been onagieatly i educed scale, ana as the quantity still available .for shipment is now inconsiderable, puces aie likely to rule firm until nevthaivest. Within the last few days, owing to moie favourable news from the United Kingdom, there has been a better shipping demand, with improved values. Rome fresh charters have been negotiated at fiom 27s Od to 30i pei ton, and the next P. O. steamer will take about GOO tons of wheat and flour at these rates. The intercolonial markets are all dull ; still we continue to expoit large paicels of flour weekly to the adjoining colonies, which help-> to relieve us of our acculumatiug stock. Our piospects for the ensuing season aie thus far veiy favourable, fine rains having fallen throughout the colony.— Wheat is now m demand at 4s ex store up to 4s Id, f. o. b., but is difficult to secure large parcels at these quotations. — Flour, owing to the large stocks on hand, is dull at sale at from £S to £8 ss, according to brand : but beyond ordinary tiade enquiry, there is not much business doing. —Oats have further leceded in value during the month, owing to large supplies coming to hand fLom New Zealand, and prices vile fiom 2^ 8d to 3s Id, according to quality and condition.— Barley has also declined, with very little enquiry. Feed parcels rule from 2s 9d to 3s : malting sampies up to 4s Gd.— Maise is worth 4s Gd ; Peas, 3s Gd ; beans, 4s Gd ; and bran, Is per bushel. ___________^_