TRADE AND FINANCE

Auckland Star, Volume LIII, Issue 87, 12 April 1922, Page 6

TRADE AND FINANCE

AUCKLAND SHAREMARKET. BUSINESS DONE. AT THE 3.15 P.M. CALL YESTERDAT— Standard Insurance £2/12/0 Huddart Parker Steam £2/15/3 Wilsons Cement 16/3 AT THE 10 A.M. CALL tfO-DAY— Bank of New Zealand £2/9/3 Auckland Gas (p.u.) £1/1/6 : South British Insurance £1/13/0 ' Milne and Ghojce (deb.) fl/0/0 Auckland Gas (p.u.) 1~/ AT THE NOON CALL TO-DAY— Auckland Gas (eont.) (IT/) Milne and Choree (deb.) £1/0/0

MARKET CHANGES. Bank of Australasia —Buyers fis 7/0, up l/. Bank of New Zealand—Sales £2 9/3, up 3d. New Zealand Insurance—Sales and buyers £1 8/, up 3d. Sooth British—Sales and Buyers iX 13/, up 3d. Hikurangi Coal—Buyers 10/3, up 3d. Auckland Gas (p.u.)—Sales £1 1/8, up 3d. Buddart Parker Steam—Buyers £2 5/, up 3d. Parenga Oil—Buyers 8/, up 3d. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) DDNEDIN, this day. , Sales on 'Change: New Zealand Refrigerating (cont.), 13/3; Waibi, 19/6 (two); Mt. Lyell, 15/. CHRISTCHURCH. this day. Sales reported: Kaiapoi Woollen (10/ p.uj, 11/. LONDON PRODUCE MARKETS. HIGH COMMISSIONER'S CABLE. The Department of Agriculture has received toe following cablegram,, dated April S, from the Higrh Commissioner for New Zealand, London:— Meat. — Mutton continue? in good demand at unaltered prices. T.ainii market weaker and slower demand. Second-class quality North Island slow sales, owing to competition from Australian best brands •which are selling at IOJd per lb. Chilled oeef In moderate supply. New Zealand beef no demand. Quotations* nominal and unchanged. New Zealand mutton: North Island llghtwelcht 8d to Bid. medium 7}d, heavyweight 53 d to 7d: Canterbnry lightweight Bid to B}d, medium 81d, heavyweight 6d to "Jd. New Zealand lamb: North Island best. Hid; Canterbury Hght\^F h i i U . id -. med,nm 11*1. Argentine chilled beef, hinds Bd, foreg 40. New Zealand frozen beef, hinds 4Jd, fores 2}" d. Cheese.—Market is easier, with only fair demand. Official quotations (April 8) areNew Zealand coloured 94/ to 98/ per cwt OOd to 10* d per lb), white 90/ to 02/ per cwt (9Jd per lb). Later reports show Australian eneese in London, Liverpool and Bristol on April 1 was 74.350 cratesCanadian and U.S.A.. 43.800 bo^es. Hemp.—Manila market quiet but steady G grade April-Tune -shipments sold £35 per l%"< shipments £84 10/ to <34 15/ per ton; H grade quoted £34 10/ Per ton. OntDnt from January ] t« «»„!, « m Wa tl 275 ,-°°P bal€S - apatasi 1S7?000 for Sun? hnT last m £i N ? w Zealand market round .£•.?? Orted lD S P Ot nl ß n Points round about £31 per ton. No interest S«?^ n i n « n jl> m entß. Sellers onote hinht^ftifm^/pe^oT l,l3 10/ P* r market fair- sroori demand continues for fine merino and fine ™ Quotations are:- ---■ Vs ?: JS-| ri °°', * /4: 56 «• super halfbred. —/■o . we, conrse crossbred nrpnirori -i /nx Fruit.-Llttle better dSaKf.pfi lS ?^Per^) ber 75/ tO *<* ™ % Bfrgs —Market fjuiet but eteadv. Present quotations are:-ItaHan and Irish. 15/ ?„ '-ueLUI INTERNATIONAL CHOP REPORT. A report furnished by the International Institute of Agriculture at Rome on January, 13-Z2. retarding the harvest returns for 1921, shows 8 per. cent increase in wheat, 12 per cent decrease in oats. 39 per cent increase i?,. ITe ; ,i D T x per cent toawse in barley. £? Tle i <l ln UTO S OT y showed 48 per cent above the average on a reduced area sown. The European manufacture of beet sugar showed an increase of 3 per cent Regardfnfioif ouo * or 192 "-- tne circular has the following :-"Reporte on the winter sown S^SL!^? ,, *5, barfa tm January injlicate wwS? eaW * liTe"*tT1 iTe "*tT m the prospects. BrlSn. 8 !!., 83^^ in France, Great JanM AtoS* , -J"? 8 * 17 ' BritWi India, Germ?£. 'S'* been detrimental in CsethoelovaUa and lUIy." 4

BANKS— Seller*. Buyers. Australasia 12/10/0 .. 12/7/6 Commercial — .- V7/0 Commercial (pref.) .. 6/10/0 .. — National 5/18'0 .. — Xew South Wales ... — .. 35/10/0 New Zealand 2/9/6 .. 2/9/:f Union of Australia .. — .. 12/5/0 INSURANCE— New Zealand 1/8/2 .. l/S/0 South British 1/3/6 .. 1/3/0 Standard — .. 2/11/6 FINANCIAL— N.Z. and Rlrer Plate 1!>'O .. 18/0 , loan and Mercantile 79/0/0 .. — Loan and Merc, (pref.) — .. 62/0/0 COAL— Hikurangi 11/3 .. 10/3 Taupiri 17/0 .. 16/0 Taupirl (pref.) — .. 1/2/6 GAS— Auckland (p.u.) 1/1/9 .. 1/1/6 Auckland (eont.) 17/0 .. 10/10 Birkenhead 17/6 .. — Napier — .. 8/2/6 Napier l£>) — .. 4/1/0 SHirrixp— Devonport Ferry — .. 1/1/" Huddart Parker" (ord.) 2/6/0 .. 2/5/0 Northern Steam (p.u.) 1.1/9 •- 13/0 Northern Steam (cont.) G/6 .. 6/0 \ P. and O. Deferred .. 318/0/0 .. 305/0/0 Union Steam (pref.).. 13/0 .. 18/6 TIMBER— Bartholomew 10'G .. — Kauri Timber 1/6/6 .. 1/5/6 L.O'B 1/13/0 .. 1/11/6 Parker, Lamb 1/5/0 .. — , WOOLLKN— Kaiapoi (pref.) 1/3/0 .. — Mosgiel — .. 5/17/0 Wellington - .. 7/15/0 MISCELLANEOUS— Auckland Trams 16/6 .. 16/0 Aucklaud Trams (pref) -- .. 17/0 Bycroft. Ltd 19/0 .. — Dental Supplies, Ltd. 1/5/0 .. — '> Farmers' Auc. (A pref) — .. 16/0 rarmera' Au<\ (B pref) 17/fi .. — . Hill and Flummer .. 1/1/0 .. — Theatre Anade (pref.) — .. 16/9 ' Merediths, Ltd. 11/6 .. — Milne, Choyce (ord.).. — .. 1/0/C . Milne. Choyce (deb.) 1/0/3 .. — ■ N.Z. l"aper Mills 1/2/9 .. ' X.Z. Refrlft. (cont).. 13/9 .. — ' Farenga Oil 10/6 .. 8/6 . Fblllipps and Impey.. — .. 1/2/0 Maxwell and Co. 1/5/0 .. — . Thames Theatre — .. 13/0 ' Tonson Garlick 15/0 .. — Union OH' 1/7/0 .. 1/5/0 Wiseman and Sons.V. 15/0 .. — I Wilsons Cement .... 16/3 .. 10/2 ; Wairaltel, Ltd 7/6 .. — WINING STOCKS— ' HauraM Reefs 0/2 .. 0/1 HauraKi Mines 4 0 .. — Hauraki Mines (cont.) 1/6 .. -- Ohinemuri Mines 4/6 .. — Wtibl 19/0 .. 19/0 Waihi Grand Junction 6/6 .. 6/4 luir's Reefs 2/15/0 .. — .BENTURES AND BONDS— • »ty of Anck., 5i p.f, — .. 86/0/0 v.Z. War, 1030, 4 J p.c. ..92/10/0 ? .Z. War, 1938, 4J p.c. — - - 90/15/0 .Z. War, 1939, p.c. — .. 90/12/6 : Z. War. 1927, 5 p.c. 94/10/0 .. 93/15/0 . Mdlers' Loan, 1933, 5J — .. 95/5/0 Z. Ins., 1027, 5 p.c. 94/0/0 . . 93/15/0 ■ Z. Ins., 1920, 5 p.c. 94/0/0 .. — j .- Z. Ins., 1938, 4J p.c. — .. 9G/15/O :..Z. Ins., 1939, 44 p.c. 91/5/0 .. 90/15/0 Soldiers' Loan, Ins., 5J — .. 95/5/0 Maxwell Deb — .. 9S/0/0 Macky, Logan — .. 96/0/0