TRADE AND FINANCE.

Auckland Star, Volume LIII, Issue 155, 3 July 1922, Page 6

TRADE AND FINANCE.

AUCKLAND SKAREMARKET. BUSINESS DONE. AT THE l<l A.M. TALL TO-DAY Waibi aisii. fIISJ Waihi Grand Junction 9 3 AT THE NOON CALL TO-DAY - National Insurance (£3 7 fil Anr-kland r,n« £1/2 ft Wilsons foment fl" i Waihi £1 11- ::. a 12 0 Waibi Grand Junction '■> 3. »1 BANKS- Sellers. Buyers. Australasia l- ! - '•• ■ • — National 0 1 ,fl .. 517 0 Nevr South Wale? ... — .. 34 0 n New Zr-aland 2 12/3 .. 211 '.1 Union of Australia... 13/0/0 .. 12/18-D insurance— National .. -'I "' ''- Now Zf.iland 1,0 t> ■• ltMli South British 1 'WO .. 1 18/8 Standard — .. 1/U >"'■ FINANCIAL— Dalzety and Co — .. S/M-'I N.Z. and River rintf — .. 18 3 Loan and Mercantile — ■• 73.3<>"> Loan and Merc, (pre.'i — .. 64/0.0: COAL— ! Hikuransi 113 - - &.'<> Tatipiri !«'!> ■• !6'' 2 West port •■ 1/10/6 GAS— Auckland Ip.u.) 130 .. I'2/fli Auckland front.) .... IS 0 .. 18/0 Gisborne •■ '«'8 Thames 11/0 .. — shipping — Dernnport Ferry — •■ V 2/0 Hnddari. Parker lord) 2/7/6 .. 2/7/$ Northern Steam (p.u.i 13/0 .. IS/0. Northern Steam (cont.) 6/0 .. fi/!> i Union Steam (pref.l. 10/0 .. 18/9 | TIMBER— Kauri Timber 1/8/6 .. l/G/9 Parker. Lamb ".'.'.'.'.'.'. 1/3/6 '.. 1/1/6 WOOLLEN— Mosgiel — .. Go'Ol Wellington — .- »'O/0 MISCELLANEOUS— Aucklaufl Trains IS, 0 .. IT S I Auckland Trams (pref.) IS/» .. IS/0 I: ycroft. Ltd 1 '0/0 .. — Colonial Sugar (Aus.) — .. 32/0/0 Dental Supplies 1/4/9 ■• — Karmers - Anc. (A pref) — .. IT/0 Farmers - Auc. IB pref.) 17/0 .. 15/0 Theatre Arcade (pref) — .. IS/0 Merediths. Ltd 10/9 .. 7/0 MUr.c. Choyce lord.* — .- 1/1/3 Milne. Choyce (deb.t — .. 1/1/6 Newton Kins 17/6 .. — N.Z. Taper Mills 1/2/0 .. — N.Z. Refrig. (eont.).. 14/9 .. 14/0 N \ Fanners IB pref) 16/0 .. — Northern Boot 1/1/0 .. 18/0 r-nrenea Oil 8/0 .. — I'arengn Oil (eont. >.. 3/0 .. 1/3 | l'Mllipps and Impey.. — •• Vl/6 Maxwell and Co — .. 17/0 Takapuna Trams 14/0 .. 10/0 Thames Theatre — -■ 14/0 Union Oil 1/11/0 .. 1/8/6 Wiseman and Sons.. 14/0 .. — Wiseman and Sons (pref) 17/6 .. — Wilsons Cement 17/2 .. 17/0 Gear Meat Co 2/0/0 .. 1/16/0 farmers . Union Trad. 12/0 .. 0/0 MIXING STOCKS— Uauraki Reefs 0/3 .. 0/1 Hauraki Mines 5/0 .. — Moanatainrl — -• 1/1 Waibl 1/12/0 .. 1/11/9 Wallii Grand Junction 9/2 .. 9/1 Muir's Gold Reefs 1/15/0 -■ — DEBENTURES AND BONDS— City Auckland, r>J p.c. — .. 90/0/0 I N.Z. War. 1030. « p.c. — .. 93/15/0 N.Z. War, 1038, 4A p.e. 94/0/0 .. 93/17/G N.Z. War, 1930, 4i p.c. 94/0/0 ..93/15/0 N.Z. Wae-. 1927, 5 p.e. — .. 94/5/0 Soldiers' Loan. 1033, 3j 9S/0/0 .. 97/15/0 N.Z. Ins., 1927, 5 p.e. — .. 94/3/0 N.Z. Ins., 1929. 3 p.c. — .. 93/15/0 N.Z. Ins., 1935, 4J p.c. — .. 93/10/0 Soldiers' Ins., 1939, 4} — .. 93/10/0 Soldiers' Loan, Ins., 5$ — .. 97A/0 MARKET CHANGES. Waihi—Sales £1/12/3. £1/12/0, up 3d. Waihi Grand Junction —Sales 9/3, 9/1. up 6d. N.Z. Loan and Mercantile (ord.)— Buyers £73/10/0, np 10/. Auckland Gas—Sales £1/2/9, np 3a. Kauri Timber —Buyers £1/6/9. up 3d. £100 N.2L War Loan, 1938—Buyers £93/17/0, up 2/8. SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) DTjNEDIN, this flay. Sales on "Change: Grand Junction, !)/; Mount Lyell. 16/9. Reported sales: Mosgiel "Woollen. iO/10/0. HAURAKI MIXES, LIMITED. The manaeer reports for the week <vnded June .°.O. 1022:— - 400rt Level. Welcome Find Section.— I! Stuping on the Welcome Find reef above > this level is in progress. The No. 1 stope ' has heeii connected with the main rise. • The ventilation is now all in order. The • rerf continues to he a strong body of ore, I < ami is being saved for a trial crushing, which will lie commenced early next week. ■• Drivins south on the reef has been in prowess during the past week as usual, but no quartz lias been taken down. What appears to be a change of country is showiiiß in the face, and seems to have bent the re«*f towards the west. Duriug next week the reef will he taken down up to the intersection of the chanjre. connection, and directly under the point ■whore the cold was sot in the intermediate down strong colours of gold hr.ye been seen I j in the hangingwall portion, which is making h towards the footwall as the rise proceeds. 1 It appears us though both will come tosether in a few feet. i "At the intermediate drive north where ] a small amount of picked stone was lately a limited amount of driving And rising has been done, from which a few . pieces of picked stone have been selected. ; So far the best prospects are in the floor " of drive, so .instead of sinking and doublehandling the material, we have suspended operations for the time, until the rise from . the 400 ft level reaches this point." ]

WHEAT PRICES IN THE WEST. PERTH, this day. Wheat has been reduced from 5/11 to Viand flour from £13 to £12/3/0; bram and pollard hare been Increased from iS to £0/5/O.—(A. and N.Z. Cable.) LONDON WOOL SALES. (From Onr Own Correspondent.) WELLINGTON, this day. The Department of Agriculture has received the following cablegram, dated :S>th inst.. from the High Commissioner for New Zealand, London:—"Wool: Sales closed with no material alteration in position. Competition generally good throughout. Home. French and Belgian trades being principal supporters, the latter section purchasing merinos , freely. Best greasy merinos met wltli good demand and sold at about previous rate, but medium and Inferior closed 5 per cent lower. Crossbred lines, which formed large proportion of offerings, nave been irregular and all show decline, fine greasy closing 5 per cent to 10 per cent, medium 15 per cent, and coarse 10 per cent lower than Hay rates. Average closing values: 60-Ws, merino, 1/2 to 1/8; 56's, super halfbred, 11 to 1/6; 50"s. halfbred. BJd to lOjd: 4S's, line crossbred, "id to Sid; 4-1-40's medium crossbred, 6Jd to "id: :«S-40 - s' course crossbred, ojd to Sid. Next London series commence 18th July. WORLD'S CEREAL, CROP. According to information reeeivod f>v>ni c"hat under average in France Born -