TRADE AND FINANCE.

Auckland Star, Volume LIII, Issue 129, 2 June 1922, Page 6

TRADE AND FINANCE.

AUCKLAND SHAREMARKET. BUSINESS DOVK. AT THE 3.15 r.M. CALL YESTERDAY— Auckland Trnms (nref.> (IS "i Iluddart, Park.-r Steam £2 S,O N /.. War Loan, HBS. In.<- i!M AT THE NOON CALL TO-DAY— S./.. Insurance £1,8/8 BANKS— Sellers. Buyers Australasia 13/8/6 .. National — .. 5/18/0 National 1/013 .. in 0 >ew Zealand 2 12(1 .. 2/11 ti Tninn ..f Australia... 12.14,0 .. 12 110 p. and v — .. 13/10/0 INSURANCE - National — .. 8,-/0 Now Zealand 1 'S/9 .. 1 S/8 South British 1/18/0 .. 1/16/3 S-iaiiflanJ -- .. 1,11/0 Financial— N.Z. and Hirer Plate — .. 18/6 iin.l Mercantile. 71 0 o .. R7/0/0 Loan aud Merc, iprefi — .. G2/D/0 COAL— Ilikurnncl -- — 9/9 Tanptrl lti'O .. IS,U Waipa IH,<> .. 14,!) Westport 1 it ■;{ .. — GiSAuckland ip.n.i KM) .. 1,1/10 Auckland (cont.i — .. 17,8 Birkenhead 17 0 .. — BHIPPINCIluddurt Parker lord.) 2/8.-3 .. 2,7/9 Northern Steam n>.u.) — .. 13/0 i Northern Steam icont.) (>,4 . . — P. aud 0. Deferred .. 3200/0 .. 305/0/0 I'nion Steam (pref.).. 1/0/0 .. IS/9 TIMBERKarthulomew IS/0 .. — Kauri Timber ] 7,6 .. 1 .'6/0 I-.O'B — .. 1,11 6 Parker. Lamb 1/4/0 .. 1/1/0 WOOLLEN— Kaiapoi u'ief.l — .. 1/2/0 Most'iel — .. 6/O/0 Wellington — .. 8/7/6 UISCLLLANEOirS— Auckland Trams IS/0 .. 17/6 Auckland Trams (pref) — .. 17/9 Bycroft, Ltd 1/0/0 .. — Colonial Supar (Aus.) — .. 32/0/0 Deutal Supplies 1 '5/0 . . — Farmers - Auc. (A pref) 18/0 .. 16/3 Farmers' Auc. (13 pref) 17/6 .. 15/0 • ire.v. Meiizles lord.). 10/0 .. — Theatre Arcade (pref.) — .. 18/0 Merediths, Ltd 12/0 .. — Milne. Choyce 10rd.).. — .. 1/0/0 Milne, Chuyee ideb.) — . . 1/0/6 Kempthorne. Prosser — .. 2/11/U Newton King, Ltd. .. 17/6 .. — N.Z. Howe Builders.. — .. 5/6 N.Z. Paper Miils .... 1/1/3 .. 1/0/6 N.Z. Refrtg. liont.).. 14/6 .. 13/10 Parcngn Oil 8/6 .. — Parengn oil (cont.).. 4/0 .. —• PhUUppa and Impey.. — .. 1/1/6 Maxwell nnd Co 1/5/0 .. 12/B Takapuna Trams 15/0 .. — Thames Theatre — .. 14/0 . Tonson Garllck 12/6 .. — I Union Oil — .. 1/s'o ' Wiseman and Sons.. 140 .. Wilsons Cement 17/8 .. 17/3 MINING STOCKS— Hauraki Reefs 0/2 .. 0/1 Hauraki Mines 4/U .. — Hauraki Mines teont.) 1/9 .. — Oblneruuri Mines 3/0 .. — Waihl 1/1/0 .. 1/1/3 ■\Vaihi Grand Junction 6/10 .. 6/5 Muir's Reefs 2/10/0 .. — DEBENTURES AND BONDS— N.Z. War, ISI3O, 4i p.c\ — .. 94/0/0 N.Z. War, 1935, 4j p.c. 94/0/0 . . 93/12/0 N.Z. War, 193U, 41 p.c. 94/U/0 ..93/10/0 N.Z. War, 1941, 4J p.c. 94/0/0 . . — N.Z. War, 1927, 5 p.c - .. 94/0/0 ■Soldiers' Loan, 1933,5$ 97/17/6 .. 97/12/6 N.Z. Ins.. 1927. 5 p.c. — .. 94/0/0 N.Z. Ins., 1029, 5 p.u. — .. <M/ 150* N.Z. Ins., 1938, 4J p.c 94/5/0 . . 93/15/0 N.Z. Ins., 1939, 4J p.c. 94/5/0 ..93/12/6 Soldiers' Loan, Ins., 5J 97/17/6 .. — Macky, Logan — ..98/10/0 Booth, McDonald 102/0/0 .. — Gisti. Sheep Farmers — .. 99/0/0 Gisborne Gas — .. 100/0/0 MARKET CHANGES. Hnddart, Parker Steam —Sales £2/8/0, up 6d. Auckland Trams (pref. J — Sales 18/, up 6d. £100 N.Z. War Loan, 1935, Inscribed—Sale £94. up 2/6. National Insurance —Buyers £3/2/0, up 1/. 6tandard Insurance—Buyers £1/9/0, up 6d. SOUTHERN EXCHANGES. (By Telegraph.—Press Aseocaition.) DUNEDIN, this day. Sales on "Change: Bank of New Zealand, £2/11/9, £2/12/0. AUSTRALIAN PRODUCE. SYDNEY, June 1. Oats.—Tasmanian, Algerian, 4/1; white. 4/3. Maize.—Yellow, 5/3. Potatoes.—Tasmanian, £7. Onions.—Victorian, £8. ADELAIDE. June 1. Oats.—3/ to 3/I.—(A. and N.Z. Cable.) LONDON TALLOW SALES. LONDON, May 31. At the tallow sales 2092 casks were offered ■Ed 786 sold at sixpence to a shilling decline. The following prices were realised: Mutton, line 40/, medium 35/: beef, flne 40/, medium 34/9.—(A. and N.Z. Cable.) FERTILISERS MARKET. AUCKLAND. Following are the retail prices for fertilisers at Auckland:— Guaranteed Analysis. Price Description. Per Cent. Per Ton. Nitrate soda N 15* £22 Sulph. ammonia... N 20" £20 Superphosphates .. SI" 3S £6 12/6 Rone meal (Calcutta) TP 4D £13 10/ none flour (Sydney) TP 4S £12 10/ Basic slai; 17.20 £7 5/ J'ntash sulphate.. 93.96 £21 Kainit £5 10/ Abbrevations:—N, nitrogen; SP, soluble phosphate; TP, tricalic phosphate. BUTTER, E&G-S. AND MEAT. The price of meat was reduced this I week, l>l3l rate-s for butter and epgs remain unvnanged. Consequent upon the reduction of the bonus, the Master Butchers' Association decided to reduce the retail price of beef in Auckland one halfpenny per lh ott most cuts, and one penny on ramp steak. T*rtees for mutton flre unchanged. Hen eggs are 3/ per dozen retail to-day, duck esge 2/10. ami pickled r-CBS from 24 to 2/fi per dozen. Best dairy butter is 1/8 per lh retail for cash, nnd 1/0 when booked. Other grades are one penny per pound lower. THE CHEESE TRADE. (From Our Own Correspondent.) LONDON. March 24. The cheese trade is at present in a strange condition. For some weeks the markpt has hcen falling for no apparent reason. Distributors have bought little, and Importers bnve done little to press them to buy. But a change is Imminent. It is oipected that the imports this month w i!l amount to 9,.j00 tons, of which one-half has already been landed. As. moreover, It is expected that the Import in April will only amount to something under 4.000 tons, there Is likely to lie a shortage, In view of the fort that the average monthly Imports has fnr a number of years been 11.000 tons. This peculiar position In the trade Is atttlbuted here to a temporary deficiency of shipping from New Zealand, and if this is the case there will be a surplus later when the Dominion stocks are forward. For tbe moment the shortage Is expected to extend over some months.