TRADE AND FINANCE.

Auckland Star, Volume LIII, Issue 82, 6 April 1922, Page 6

TRADE AND FINANCE.

AUCKLAND SHAREMARKET. BUSINESS DONE. AT THE 3.15 P.M. CALL YESTERDAY— BaDk of N.S. Wales..(f3s/7/6, £35/8/!)) Auckland Gas (p.u.) (£l/1/0) Waihi (19/9) AT THE NOON CALL TO-DAY— Auckland fiae (cont.) i'l6/n) Aockland Trams (pref.) (16/) Union Oil (£l/0/01 Waihi Grand Junction (6/3) N.Z. War Loan. 1930 (£33) BANKS— Sellers. Buyers. National 5/18/0 .. — New Zealand 2/O/G .. 2/9/0 Union of Australia .. 12/10/0 .. 12/5/0 INSURANCE— National 3/1/0 .. - New Zealand 1/8/0 .. 1/7/6 South British 1/13/0 .. 1/12/6 FINANCIAL— N.Z. and River Plate 19/0 .. 18/0 Loan and Mercantile. 790/0 .. — Loan end Merc, (pref.) — .. 62/0/0 COAL— Hikurangi — .. 10/0 Tauplri 16/9 .. — Westport — -. 1/7/9 GAS— Auckland (p.u.l — -- 1/0/9 Auckland icont.) 17/0 .. 16.9 Birkenhead 17/6 .. — Napier — .. S/0/0 SHIPPING— Devonport Ferry 1/2/0 .. 1/1/6 Huddart, Parker (ord.) — .. 2/5 0 Northern Steam (p.u.) 14/2 .. Wβ Northern Steam (cont.) — .. 6/0 P. and O. Deferred... 310/0/0 .. 290/1),l> Union Steam (pref.).. 19/0 .. IS/0 TIMBER— Bartholomew 1/0/0 ■- — Kuuri Timber — •• V 6/0 L.O - B 1/13/0 .. — WOOLLEN— Kalapoi (pref.) 1/3/0 .. - Mosgiel — ■• 5/IT/0 Wellington — •• </10/0 MISCELLANEOUS— ._„. Auckland Trams 16/3 .. W«> Au.kjand Trams (pref.) — ■• *«/* Kycroft. Ltd 1/0/0 .. — Dental Supplies. Ltd. 1/7/0 .. — Farmers' Auc. (A pref) — .. 16/0 Farmers" Auc. (B pref) 17/6 .. — Hill and Plummer ... 1/0/6 .. — Theatre Arcade (pref.) — .. 16/9 Merediths, Ltd 11/6 -. — Milne, Choyce (ord.).. — .- 1/1/0 Milne. Choyce (deb.). 1/1/0 .. 1/0/b N.Z. Home Builders.. — .. <>/" N./. l'aper Mills 1/2/9 .. — N.Z. Refrig. (cont.).. — .. 13/6 Purenga Oil 3,0 .. 6/0 Parenga Oil (cont.)... 5/0 .. — Pbillipps and linpey - ... 1/2/0 Thames Theatre — -. 13/O Tonson Garlick 15/0 .. — Union Oil 1/7/0 .. 1/5/0 Wilsons Cement 15/9 • • 13/6 Walrakei. Ltd 7/6 .. — Gear Meat Co 1/13/6 .. l/ 13/ 0; MINING STOCKS— ~ Hauraki Reefs 0/2* .. • 0/1} Haurakl Mines */*) ■■ — Ohinemuri Mines 4/6 .. — Walhi 1/0/0 .. 19/9 Waihi Grand Junction. 6/4 .. b/1 Muir's Reefs 2/17/6 .. — DEBENTURES AND BONDS— N.Z. War, 1930, 4} p.e. 93/10/0 .. 92/15/0 N.Z. War, 183S, 4J p.c. 91/7/0 .. 90/12/6 N.Z. War, 1939, 4i p.c. 91/0/0 .. 90/10,0 N.Z. War, 1927, 5 p.c. 94/10/0 .. 93/10/0 Soldiers , Loan, 1933, 5 J — •• 94/1./0 N.Z. Ins., 1927, 5 p.c. 94/10/0 .. — .N.Z,. Ins., IU-J9, 5 p.c. — •• 92,0,0 * N.Z. Ins., 1935. 4} p.e. 91/0/0 .. 90/12/6 N.Z. Ins., 1939, H p.c. — .. 90/10/0 Soldiers' Loan. 5i p.c. 95/5/0 .. 94/17/6 Glsb. Sheep Farmers — .. £7/0/0 Macky, Logan - •• 95/0/0 MARKET CHANGES. Bank of New South Wales —Sales £35/7/6. £35/8/9. down 2/6. Auckland Gas (cont.) —Sales 16/9, up 3d. Huddart, Parker Steam —Buyers £2/5/0, up 1/3. Parenga, Ltd.—Buyers 6/, up 6d. Union Oil—Sales £1/6/0, up 3d. Walrakei, Ltd.—Sellers 7/6, down 2/6. £100 N.Z. War Loan, 1930—Sales £93, up 5/. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) DCNEDIN, this day. Sale on 'Change: Huddart, Parker 45/. Sales reported: N.Z. Refrigerating (paid), 25/9; Whiteombe and Tombs, 58/3. BUTTER AND CHEESE. INCREASED QUANTITIES GRADED. CBv Telegraph.—Press Association.) WELLINGTON, this day. The Quantity of butter graded for export in the Dominion during March was 100,429 • cwt an increase of SJ per cent on March, 1921 Cheese graded totalled 181,505 cwt, an increase of 65 per cent. Total for eight months, 838,228 cwt butter; 1.074,421 cwt cheese; Increases, thirty and nine per cent respectively. PROPERTY SALES. Messrs. T. Mandeno Jackson will sell by public auction at their rooms, Customs Street East, at 11 o'clock to-morrow (Friday) morning, residence of eight rooms and outbuildings, on Bection SOft, Allendale Road, Mount Albert, next to bowling green, and near station and trams; also by order of the mortgagee, under conduct of the Supreme Court, 12631 acres, Kawau Island, and quarter-acre section, being allotment Ab, section 1, town of Opotiki. HAMILTON STOCK SALE. The New Zealand Loan and Mercantile Agency Co., Ltd., Hamilton, report:— Hamilton Sale. —At Frankton Yards yesterday we had a good entry of all classes of stock. Competition for sheep was keen, and prices again advanced. Beef showed a lower tendency, lat steers being in plentiful su-pply. 'Some very nice quality 18-monthe - steers and weaner steers and heifers were penned, and these met with a ready sale. "We quote:—Fat eteers £7 5/. light steers £4. light fat cows £2 7/6 to £3. fresh cows £1 12/ to £2, store cows 17/ to £1 1/. IS-months' steers *"• 12/ to £2 16/. weaner hetfers £1 9/ to £1 12/, steers £1 3/ to £1 5/. yearling Jersey cross heifers £3; fat ewes 13/2, fat lambs 15' to 19/10 2-tooth wethers 15/6, store lambs 9/3. 10/11. 11/. 11 A. 13/9. f.m. ewes 15/1. Dairy cows sold up to £12 We had another large yarding of pigs, and prices opened quite equal to a fortnight ago. tout slackened towards the end of tie sale. Sto_res and weaners improved considerably. Best bacon pigs sold from £3 16/ -to £4. good bationers £3 T/6 to £3 10/. light baconers and heavy porkers £2 10/ to £3; porkers 40/ to 48/, llirtit porkers 30/ to 35/, store pfes 35/ to 42/. good sllpe 18/ to 23/, smaller slips 12/ to 16/. cood weaners 9/ to 11/. others 2/6 to 7/. THE PRICE OP WHEAT. P — TIMAKU, this day. At a meeting of the Sonth Canterbury executive of the Farmers' Union Mr. J. Bltchener, M.P.. presiding, it was decided to ask the Government to guarantee a minimum price for wheat next season, the price to be not less than that for this year. It was also decided that the Government be heartily thanked for making a genuine able share of profits arising from the meat Industry by the formation of the Meat Control Board. AUSTRALASIAN BANKS. LOXEKJN, April 4. New Zealand and Australian "banks end flnan-ce shares "were quoted to-day on the Stock Exchange as follows:—'National Bank of New Zealand. £6 1/3: Bank of * NewZealand. £86 and £2 7/6; Bank of Australasia, £12 10/: Bank of New South Wales, £3.1: Union Bank of Australia, £12 15/: New Zealand Loan and Mercantile d'eben- * tures, ex dividend. £70.—(A. and X.Z.) NEWSPRINT PRODUCTION OUTPUT. Production for Canadian newsprint mills for 1921 was 90 per cent of that of 1920. The United States mills did not do so well, turning ont only 76 per cent of the 1920 record. The secretary of the Pulp and ■Paper Association Is reported to have Btated that the paper mills of Canada will produce a million tons of newsprint during 1922. Canada could also produce 138.678 tons of board, 60,000 tons of wrapping paper, 55.C00 tons of fine papers, and 1,042,796 toni of pulp of various grades, a total annual tonnage of 2,300,000 tons. f