TRADE AND FINANCE.

Auckland Star, Volume LIII, Issue 245, 16 October 1922, Page 6

TRADE AND FINANCE.

LONDON MARKETS.

AUCKLAND SHAREMARKET. BUSINESS DONE. AT THE 10 A.M. .CALL TO-DAT— Walhi £1/10/0 AT THE NOON CALL TO-DAT— Bank of New Zealand £2/16 0 Auckland Gas (cont.) IS/U Auckland Trams (oivl.l 1H.6 Walhi (£l/10/3.1, £1/10,0, £1 ,!>. !i Soldiers' Loan t'3o 15, 0

MARKET CHANGES. Waihi—Sales £1 9/9, up 3d. Hud-dart, Parker Steam—Sales £2/12/6 up 1/. National Insurance—Buyers £3/6/6, up 6d. 1.08. Timber—Buyers £1/13/3. up 3d. North Auckland Farmers (B pref)—Buvers 6/6, up 6d. Takapuna Ferry—Buyers 11/6, up 3d. SOUTHERN ■EXCHANGES. (By Telegraph—Press Association.) PL'XEDIN. this day. Sales ou 'Change:—Dominion Rubber, IS/ti; Waibi, 29.0.

LONDON, October 15. FROZEN MEAT. Sheep.—Canterbury. light Sid. me ai um 7SU. heavy 7JU: North Island, 7id and 7gd■Australian, ewes sfd; South American, light Lambs.—Canterbury, medium 12J<1. seconds 12Ja: Southland. 1-id; North Island, selected ll'id, ordinary 12id. Frozen Beet.—Australian, crops 3|d. (hilled Beef. —Argentine, fores 3Jd, hinds HEMP. COPRA, RUBBER, ETC. (Last week's prices in parentheses.) Cotton.—.November delivery. 12.iX J ,il (V2i) liubber.-Para, ll*d (lOJd); plantation and anioked, logd to Hijd (Sid). _Jnte. —Ortnber-December shipments, £31 Hemp.—October-December shipments, £32 XO/ (£3.i 10/ , ). September-November shipments, Linseed Oil."— £39 (£39). Ttirpentinc.-£o 9/6 (to 4/6).—(A. and N.Z. Cubic; LONDON WOOL SALES. The Department nf Agriculture has received the following cablegram, dated ]ltn inst., from the High Commissioner for New Zealand, London:— "The wr-ol sales opened yesterday with i large attendance of Home and Continental ! buyers. Competition brisk and practically I all offering sold. (Jreasy merino poorly represented, hut may be quoted 5 per cent dearer. Fine crossbred and medium cross- I bred greasy 10 per cent, cnnrse crossbred 3 I per cent dearer. Scoured and slli.e un- ! changed." INQUIRY FOR TOR'K. (By Telegrap!:.— Press Association.) ( WELLINGTON, this day. i Tbff Meat P.oard has received a r-nblearam statine that inquiries are made ' in London for carcases of pork at ]2011 ito ' I.lolb. suitable for curing, and un to 80H> ' ■ a« workers. The Board te asked to indicate what New Zealand settlers are prepared to quote c.1.f., and Home buyers' ideas of urit es are stated to be 8d to l>d per lb. LONDON MEAT MAHKET. OVERWEIGHT LAMBS CHEAPER. ' The produce market report of Ifessrs. W ' Weddel Co., Ltd.. London, dated I „ that Is worfh sheepowners noting. It I . states that North Island lanilbs. particu- | , larly the small weishts. sell readily enonzli at lid to Hid per li>, but for carcases I , vrelchinc over -!211i sale was very slow at i »J(i per lb. .Small secondary lambs were reported very short, and anything offerins \ realißp.l ioj,j t o per ib. The report states also that New Zealand mutton generally nipt with decidedly better inquiry. values having improved all round. Trade C in the provinces is reported to have V improved for all descriptions of frozen li meat. - E

BANKS— Sellers. Buyers. Australasia 13/0,0 .. — Commercial — ., 1/12/0 National — .. 8,0/0 New South 'Wales.... 3-V7/G •- 34,12 8 New Zealand 2/16/3 ~ - 15/0 L'uion of Australia... 33,7/0 .. 13/2,0 INSURANCE— National 3'S. 0 ... 3/G/6 New Zealand 1 s i> .. 1/7/0 South British 1 17 6 .. 1,15,0 Standard - .. 1 11/0 FINANCIAL— Goldsbrough Mort ... - 2 G ». - 1/0 N.Z. and Klver Plate — .. 196 Loan and Mercantile — .. 73/0/0 Loan and Mere, (pref.) — .. 69,0/0 COAL— 'Hikurangi (orrl.) ,..». 12.0 „ — Hikurangi (pref.) .... — _. 11/9 Tnuylrl „_ 17,8 „ 1(3,9 Waipa — ., 1(1 3 Westport . ..„. 1/13/0 -» 1/12/0 GAS— Auckland (old) ..«_ 1/4,0 _ 1/3/0 Auckland (new) ... M 1S,'J -. 1S'3 Glsbome — .. 11/6 SHIPPING— Devonport Ferry — .. 1/4/0 Huddart, Parkar (on!) 2/13,6 ... 2/12/6 Northern Steam (p.u.) 13. 6 „ 13/0 Northern Steam (cont.) 6/6 rt 6/0 P. and O. Deferred.. — M 300.'0/0 Union Steam uiref.).. 1/0/0 _ 18/6 TIMBER— Kauri Timber .™~. — ..1 "7/6 UO'B „..., — 1,13/3 Parker, Lamb „.._ 1/4/6 *. 1 VS/6 WOOLLEN— Kalapoi,(10/) ..._^ — — M 10/9 MISCELLANEOUS— Abraham, Williams .. 4/7/6 _ 3/12/0 Auckland Trains 19/G „ 18,6 Auckland Trams (pref.) — ►. 1S/0 Burns, Phllp and Co. 1/13/9 „ 1/12 0 Bycroft, Ltd i, 0,0 _ 18/0 Colonial Sugar (Aus.i. — M 34/15/0 Colonial Sugar (Fiji).. — ~ 10/0/0 Dental Supplies 1./3/0 „ — Farmers" Auctioneering 4/0/0 .« — Farmers' Anc. A (pref.) 19/U M 17/0 Farmers , Aue. B (pref.) 16,0 _ 15/0 Grey and llenzies (ord.) — 7/0 iHill and l'lummer... — „ 1'0/0 Theatre Arcade (pret.) 19/6 — Merediths, Ltd 10/6 »♦ — Milne, Cboyue (ord.) — 1/2/9 -Milne, fhoyce (deb.) l/.!/6 .. 1'2/6 N.Z. Home Builders.. 10,0 „ 8/6 N.Z. Paper Mills — .. l'l/0 N'.Z. Kef rigera ting... 1/5/9 >, 1 '4/O N.Z. Kefrig. (cont.).. 13/6 „ 13/0 N.A. Farmers SI) M — X.A. Farmers (B pref) — .. 6/6 Northern Boot — „. 10 'J I'arensa Oil 9/0 .. 7/0 1'arenga Oil (cont.)... 0,0 .. 2/6 Phillipps and linpey. — .. 1/4/3 Sharlaud and Co — .. 1.0/6 ' Takapuna Trams — 11/6 Thames Tbeacre .... 16/0 .. 14/0 Union OH — .. 1/0/0 Tiseman and Sous.. 14/0 .. — Wilsons Cement 1/0/0 .. 19/10 MINING STOCKS— Moanntniari .Til .. 3/6 . Mulrs Keefs 110/6 .. 1/9/6 Ohinemuri Mines 2/9 .. — Wailii l/l(i,0 .. 1/0/6 Waihi Grand Junction 9,2 .. 9/1 Mount LyeJl — .. 1/1/0 DEBENTURES AND BONT.S— Auek. Gas, 1928, 6i p.c. — ..101/10/0 Ak. Harb. Board, 6 p.c. — .. 101/0/0 l>evonport Borough 100/13'0 .. 100,0/u N.Z. War, 1030, 4J p.c. 99/0,0 .. — N.Z. War, 1938. 44 p.c. 97/15/0 .. 97/10/0 >".Z. War. 1939. 44 p.c. 97/15/0 .. — N.Z. War, 1927, 5 p.c. — .. 96/0/0 Soldieis' Loan, 1933,-51 99/15/0 .. 99/12/ti N.Z. Ins., 1927, 5 p.c. — .. 96/0/0 N.Z. ins., 1929, 5 p.c. — .. 95/17/ti N.Z. Ins.. 1938, 4i p.c. ■ 98, 0/0 .. 97/5/0 Midlers' Loan. 1933. 54 — .. 99/7/6 Gisb. Sheep Farmers 102/O/0 . . . Mackr, Logau lUl/0/0 .. 00/0/0 I'.yerofts, Ltd 100/0/0 .. Milne and Choyce .. 100,0,0 .. 93/O/0 Farmers' Union 100/0/0 .. 90/0/0