TRADE AND FINANCE.

Auckland Star, Volume LIII, Issue 143, 19 June 1922, Page 6

TRADE AND FINANCE.

■ ■ AUCKLAND SHAREMARKET. BU«NESH DONB. AT THE 10 A.M. CALL TO-DAY— Walhi £l/5/T>, £1/6/0 AT THE NOON CALL TO-DAY— Bank of New Zealand £2/11/0 Wilsons Cement 16/0 Waihl £1/6/0 N.Z. War Loan, 5 p.c (£94/12/6) Soldiers' Loan. Inscribed (£B7/10/0)

_______ MARKET CHANGES. Walhi— Sales £ 1/6/0, up 3d. Standard Insurance—Buyers £1/10/6, up 6d. Mosgiel Wool—Buyers £6/7/6, up 5/. Soldiers' Loan, Ins.—Sales £97/10/0, up 5/. SOLTHERN EXCHANGES. ;By Telegraph.—Press Association.) WELLINGTON, this day. Sales reported: Wellington Gas debenture stock, £105. CHRISTCHURCH, this day. Sales on 'Change: Union 'Bank £12 18/6, £12 19/6. DUNEDIN, this day. Sales on 'Change:—Waihl, 26/; Union Bank. £12 18/. LONDON MARKETS. LONDON, June 17. FROZEN MEAT. Sheep.—New Zealand, ewes sld; Australian, firsts, 3gd, seconds 54d, ewes old; South American, ewes, sd; Patagonian, light Ggd. Lamb.—Canterbury, light and medium llfd, seconds IOJd. Southland, Hid, North Island, selected Hid, ordinary lOJd; Australian, best 10jd, fair 9}d; Patagonian, light 9|d, medium BJd. Frozen Beef.—Argentine, binds, 5Jd. Chilled Beef.—Argentine, fores 3|d, hinds 7jd; Uruguay, fores 3d, hinds 6d. Others unchanged. HEMP, COPRA. RUBBER. ETC. (Last week's prices in parentheses.) Cotton.—July delivery; 12.47 d (12.07 d). Jute.— June-July shipments, £34 (£36). Hemp.—June-August shipments, £28 10/ (£3O). Rubber.—Para, 9id (9|d); plantation and smoked, 7Jd (73d). Copra.—June-August shipments, £23 12/6 Linseed OlL—£42 (£43 10/). Turpentine.—£4 2/ (£3 7/). The New Zealand Loan and Mercantile Agency Company. Limited, have received the following cablegram from their London house under date 14th Inst.:— Tallow.—We quote present spot values for the following descriptions: Fine mutton ..!) 6 per cwt., good beef 37/ per cwt., mixed 343 per cwt. Frozen Meat.—Lamb. ll t d per lb, good demand; ewe. light 5Jd per lb, heavy s}d per lb; wether and maiden ewe, llgh't 7Jd per lb. heavy 6ld per lb; market weak Beef (last quotations WZ/Vl).— Ox, hinds 4d per lb, fores 2Jd per lb; cow, hinds 3id per lb. fores 2d per lb. Rather better demand. LONDON MARKETS. Messrs. Dalgety and Company, Limited, have received the following cables from their London office, dated June 15: Butter.—Market firm. We quote: New Zealand butter, salted, at 196/; Queensland. 194/; Danish. 200/: finest Australian, salted 194/. unsalted 194/. Cheese.—Market quiet. New Zealand, coloured 86/. white 88./. Frozen Meat.—Quotation New Zealand prime crossbred lamb, Canterbury, heavy IOJd, light HJd: North Island, heavy 10} d, light 10jd to 103 d. Demand for New Zealanib active and prices firmer. Quotation New Zealand prime crosbred lamb, Canterbury, heavy 6d. light 7£d; North Island, heavy njd to 6d. light 7d. Demand for New Zealand mutton poor and prices weaker. Quotation New Zealand prime ox beef, binds 3Jd. fores 2fd." Demand for New Zealand beef limited, prices nominal. Quotation good average quality crossbred lamb. Australian, heavy 9d. light 9Jd. Demand for Australian lamb fair. Quotation good average quality Australian crossbred mutton, heavy 5Jd. light sjd. Demand for Australian mutton poor. THE MELBOURNE MARKETS. MELBOURNE, Saturday. Hides.—Competition Is fairly general, bnt bidding is ifi-egular. Kips and sloppy parcels show a farthing decline, others unchanged. (A. and N.Z. Cable.) PROPERTY AUCTIONS. Wm. A. Home, Ltd.. report having sold by auction, at their auction hall. High Street, an 8-roomed house on section 117 ft x 210 ft (more or less), sltnsted Ewlngton Avenue, off Dominion Road. The nrii'e realised was £1750. " c pnM! ,

BANKS— Sellers. Buyers. Australasia 13/2/6 .. — National 6/1/0 •• f>/}'/_\ New Zealand 2/11/3 .. 2/10/6 Colon of Australia... 13/0/0 ..12/14/0 1'. and 0 — •• 13/15/0 INSURANCE— National 3/10/0 .. - New Zealand 1/g/B •■ !/§/« South British 1/1V6 .. 1/1T/S Standard — •• l/l"/ b FINANCIAL-- _ N.Z. and River Plate. 19/6 .. 18/9 Loan and Mercantile — .. •J/JM! Loan and Mere, (pref) -- .— 64/0/0, C0AL - 1/0' Hiknrangl — •• j"" Taupiri — „ •• l"' 0 Wfllnn 15/3 ... — Westport" '. 1/W* •• VO' 0 "Auckland (p.u.) — - 1/2/0 Auckland (cont.) .... 18/3 — 1S,U Birkenhead 1'/° — ~~ FHIPPING— ,_ _ _ ,„,_ Devonport Ferry 1/3/9 .. l/->/» lluddart, Parker (ord) 2/8/0 .. — Northern Steam (p.u.) 13/9 .. — Northern Steam (cont) 6/2 .. o/S r. aud O. Deferred... 330/0/0 .. 320/0/0 Union Steam tpref.).. 19/6 ... ISA. TIMBER— Bartholomew 18/0 — — Kauri Timber — •• l/ 8 ' 0 L.O'fl — •• l/H/9 l'urker, Lamb 1/4/0 •• 1/1/° WOOLLENKaiapoi (ord.l — •• 1/4/6 Mosglel .:.. 6/11/0 .. 6/7/6 Wellington — •• »/W0 MISCELLANEOUS— . Abraham, Wll. (pref.) o/0/O .. 4/0/0 Auckland Trams 17/9 .. . ij/a Auckland Trams (pref.) — •• l«/» Byiroft. Ltd 1/0/0 .. — Colonial Sugar (Aus.) — .. 31/10/0 Dental Supplies 1/4/9 •• — Farmers'Auc. (A preO 18/0 •■ 1'/° Farmers' Auc. (B pref.) 17/0 .. 15/0 Theatre Arcade (pref.) — •• "V" Merediths. Ltd 11/6 •• — ■ Milne. Choyce lord.).. — •• J/J/J Milne. Choyce (deb.) -- .- 1/1/0 Newton Kiug (pref.). 17/6 .. — N.Z. Home Builders.. — •• *_ N.Z. Rcfrlg. (cont.).. 14/2 .. 13/6 Northern Boot 1/1/0 .. 18/0 1'arengn Oil 8/0 .. — Philllptis and Impey. — -• 1/1/6 Maxwell and Co 1/5/0 .. 17/0 'j'akapuua Trams 15/0 .. — Thames Theatre — -• 1*70 Touson Garlick 12/6 .. — Union Oil — •• 1/'/° Wiseman and Sons.. 14/0 .. — Wlsem '.n and Sons (pref) 17/6 .. — Wilsons Cement 17/0 .. 16/6 MINING STOCKS— Hauraki Mines -V0 .. — Walhi 1/6/3 .. 1/670 Waihl Grand Junction -7/8 .. 7/6 Muir's Reefs 2/6/0 .. — Mount Lyell ' — •• W« DEBENTURES AND BONDS— N.Z. War, 1930, 4} p.c. — .. 93/12/6 N.Z. War. 1938, 4$ p.c. 94/2/6 .. 93/12/6 N.Z. War, 1939, i. p.c. 94/0/0 .. 93/10/0 N.Z. War, 1927, 5 p.c. 95/0/0 .. 94/10/0 Soldiers' Loan, 1933,5$ 97/15/0 .. 97/10/0 N.Z. Ins., 1«J38, 41 p.c. — .. 93/10/0 N.Z. Ins., 1939. 4$ p.c. 94/0/0 .. 93/10/0 .Soldiers' Loau. Ins.. 54 98/0/0 .. 97/5/0 Glsb. Sheep Farmers — .. H9/0/0 Glsborne Gas — .. 100/0/0 Macky, Logan 101/0/0 .. 99/0/0 Booth, Macdonald .. 102/0/0 .. 98/0/0 Napier Harbour 99/0/0 .. 97/0/0