TRADE AND FINANCE.

Auckland Star, Volume LIII, Issue 97, 26 April 1922, Page 6

TRADE AND FINANCE.

AUCKLAND SHAKEMARKET. 1 BUSINESS DONE.

MARKET CHANGES. Bank of lAustralasia—Sales £12/12 0; buyers £12/12/6, up 66. Commercial Bank—Buyers fl/11-', up 4. Bank of New South. Wales—Buyers £35126, up 2;'6. Bank of New Zealand—Buye»s £2/10/0, up V 3. itlnlon Bank—Jßuyers £12 S-β, up 2/6. Auckland Gas—gales £l/li'6, up 3d! Muddart Parker S^am—'Buyers £2/3/0, up 6d. P. and O. Deferred Stock—Buyers £335 0 0. up £30. Parenga S/3. up I/O. £1/1/0. up 1/ ' ■Walhl Grand Junction—Sales 7/6, up %/. *■%<£■%, 1838 aUd «.Z. .War Loan, 5 p.c—Buyers £3915/0, up &/. Soldiers' Loan—Buyers £95/19/0, up sy. fl SOUTHERN EXCHANGES. CHRISTCHURCH, this day. * Sales reported: Commercial Bank of Australia £1 8/6; Bank of New Zealand £2 y^a DUNEDIN, this day. ,4? les S n , 'Change: <P. and O. Shares £333, *530. Sales reported: P. ana o. snares THE LONDON MARKETS. HIGH COMMISSIONER'S ADVICE. (By Telegraph.—Press Association.) •WELLINGTON, Monday. The High Commissioner cables from Loneon under date April 22, as follows:— Lamb.-In moderate demand. Best qualRLt I *™/^ llß^ ~1111 seconC -elass is weaker. heaTy 10 * d' Ordinary North IsJand lid, second-class 10d. Mutton.— The dcnWnd remains good irices are tne same ac last quotations, i , e C'-~? he , market is weaker. New Zealand hinds, 4A, fores 2jd. Hemp.—Manila is steadier. Buyers, *■** 5j Per ton. N ew Zealand remains s,'t quotations, spot and, pe P STair Jm entS " c: H ' gh P ° ,ntS £32 'Wool.—Bradford remains firm- 4U's (merino). 4/6: 56'e (super on»A™ai. 40 s (coarse crossbred), prepared, I,o}. ... WHEAT MARKET FIRM. _ LONDON. April 24. wleat cargoes are firm but buyers «n. I?* , f °? oWin 8 tlle prices Thl P/ices are quoted :-Helversum as follows:-Clty of Norwich Hα"" O An NZ "abler* 061 ° n paSSage, S6 '' 6 '~ (A ' an <* BRADFORD WOOL MARKET. LONDON, April 24. The Bradford wool market Is firm with an upward tencency.-fA. and N Z CaWe.) LONDON STOCK EXCHANGE. Waihi Grand Junction shares were s«ld SLJ«f t' 0 "; 1 , 011 S;ock E^'hah ;fe for r.'lo deferred stock, £33 ° . FOREIGN EXCHANGES. LONDON, April '4 The following rates on c-roh^n-es Tori, « S ■Montreal— 4flol nOs 453 imo Paris 47ft SOc 47?r 4"5?5 rhristianla 23Itr SSore 23.10 isijl) Conenhagen 20kr 75ore is i-,n Calcutta... 13J Tsi i/ Honckons . 2/fi 2 c?" — , Yokohama. 2/1} ' o.ij ■^μ (A. and N.Z. Cable). MINE MANAGERS' REPORTS. TTfl'iraki Mines. Ltd.—At the 400 ft. level the *3Hve ptea ,^**'l ! from fip of Xo. 1 vlnr.e Is In a distance of 00ft. aud though no irpld has yet been seen all the indications are favo'"-abl»: the flow of water i« incrpn<!ine as the dri-e advances. At the 300 ft lerel. to locate the northern continuation of Jjtsre's. reef in the We'romp Find section. a rtrlve has'been started anrt a distance of 30ft driven: the country rock Is interlaced with strong mineral seams. PROPERTT AUCTIONS. W. H. Madlll. under conduct of the Registrar of the Snnrome Court, will sell hr public section on Friday, at 2 p.m.. at his rooms. SO2. N.Z. Insnrancp .RniMtnc= f>>«epment). 300 ocres with five-roome* dwelling and outhnlldinzs, sit'iatM nt TapnM. Hnke-enni North Arcklind: Lot 23?. ■Tslanrt of Kawau. compriiMnr I.IS acres, also Lots 270 to 2SI. Island of K.iwau. consisting of 17 acres 0 roods 7 percnes. Vote Friday next Crookes andT-awry. ;CAd.).

AT THE 10 A.M. CALL TO-DAT— TYaibi £1 1 <A Waihi Grand Junction T.'O Bank of Australasia £12 -'12 '< Auckland Uas £VV C BANKS— Sellf-rs. Buvers. Australasia 12 13 0 .. 12/W« Commercial — .. 1110 >ew South Wales - .. 30 1-0 New Zealand — .. 2/10 0 Union of Australia... — .. 12.S/6 INSURANCE— New Zealand 1 S6 .. — South British — .. 1/13,0 Standard — .. 2/12/0 FINANCIAL— .N.Z. and Tlivcr Tlate - .. ISO Loan and Mercantile SO 00 •■ — Loan aud Merc, ipref.) — .. C2/0/0 COAL— Taupiri 1" 6 .. 10 « Taupiri ipref.i — .. l.'-S GAS— Auckland in.u.) V 2 0 .. 1 1 ti Auckland .Vont.i - .. l>11 Birkenhead IT 6 .. — SHIPPING— IipTonport Ferry .... — .. 1 1 " Huddnrt Parker ;nrd.i — .. 2 o,'" Northern Steam ip.u.i 13 it .. 13. o Northern Steam icont.) e t! .. G/0 P. and O. Deferred.. 340 0 o .. 835/0 U P. and O. Bank — .. 12'IS'U Union Steam ipref.).. — .. IS/3 TIMBER— ■Bartholo-nen- 11" .. — Kauri Timber 1/6/6 .. 1/5/6 L.O'B — .. 3,11/6 Parker. Liimb 150 .. — WOOLLEN— Kalapol (pref.l 1 :'• 0 .. — Mosgiel — .. 5/17/0 Wellington — .. 7/lo/U MISCELLANEOUSAuckland Trams 1« :i .. 16,« Auckland Trains iprefj .. 17/0 'Bycroft. Ltd 110 .. — Colonial Sug-ur iAus.i — .. 2»/H>/() Farmers' Aue. (A pref) — .. 10/0 Farmers' Aui\ (B pref) 17/6 .. — HU1 and Plummer... Ill) .. — Theatre Arcade (pref.) — .. 17 6 -Merediths, Ltd 11 o .. 8« Milne, Choyee cord.).. In:! .'. 10/0 Kewton King. Ltd. .. 17 ri .. — N.Z. Paper Mills 1/J,9 .. — 'Northern Boot 1/1/6 .. — Parenga Oil U« .. 5 S Parenga Oil ic«nt.).. 3 0 .. V/a S. R. .Maxwell and Co. 1 '5/0 .. — Takapuna Trains — .. 10/B Thames Theatre — .. 13/0 Tonson Garlick 13 0 .. — Union Oil 1 8/1> .. l<^3 Wilsons Cement lt>/« .. 16'<i Howard Smith, lord.) — .. 2/0/0 HIKING STOCKS— Haurakl Mines 4 0 .. — H»uraki Mines (cont.) 1/6 .. -- Onlnemurl Mines 4 6 .. — TValhl 110 .. 1/01 TValhl Grand Junction 7/7 .. 7/(5 DEBENTURES AND BONDS— City of Auck., 31 p.c. — .. S6/00 N.Z. War, 1930, 4J p.c. — .. 92/15/0 N.Z. War, 1938, 4i p.c. — .. BO/17 '6 OS'.Z. War, 1M39. 4J p.c. — .. IW/17'« X.Z. "War, 1927, 5 p.c. 94 10/0 ..93'15/0 Soldiers' Loan, 1933,5$ 95/15/0 .. 95/10 (J IN.Z. Ins., 1927, 5 p.c. — .. 83/15/0 'N.Z. Ing., 1938, 4} p.c. — .. UO/15/O X.Z. Ins., 1939, 4J p.c. — .. 9015/0 Soldiers' Loan, Ins., 51 — .. 95 'lo o Gisborne Sleep Farmers — .. 9S/0/0