TRADE AND FINANCE.

Auckland Star, Volume LIV, Issue 50, 28 February 1923, Page 6

TRADE AND FINANCE.

N.Z. Loan and Mercantile—Buyers £84, up Waihi—Sales £1/9/3, down 6d. Commercial Bank, pref.-rßuyers £1/13/6, up 3d. M _iSf>>io/-. t £f a _o/. Debentnre » - B^»

WAIHI SHARES. (Received 9.30 a.m.) LONDON, February 27. Waihi shares, 28/6; Grand Junction, 0/.—' (A. and N.Z. Cable.) FOREIGN EXCHANGES. LONDON, February 2C. The folio—lng rates on foreign e_c_a_ges ' _ c _ arrent to " da y. as compared with the cabled Quotations on February 22 and par: Feb. 27. Feb! 22. Par. - ~e w Tort •••• 4doi69|c 4.71* 4 866 Montreal 4dol 78Jc 4.78* _:_66 i an s 7.7fr.20c 77.45 23.225 i_ on ?f 97gllre 97» 25.225 Berlin 100,000 m 108,000 20.43 (Stockholm .... 17kr67ore 17.66 18.159 ' Christiania ... 25kr 60ore 25.31 18.159 Copenhagen .. _4kr lfiore 24.27 18.159 Calcutta 1/4 3-16 1/4 3-16 2/ Hongkong ..... 2/3 2/3 — . -Tokohaiua ... 2/2 J " 2/0. 2/0J —(A. and N.Z. Cable.)

- BUTTER AND. CHEESE. , LONDON PRICES REMAIN HIGH. ' (By Telegraph.—Press Association.) WELLINGTON, this day. •The National" Dairy Association of New J Zealand Has received the following cable from their London office:— 1 . "Active demand for butter. Prices-wlll remain high for some time. New Zealand, aalted 212/ to 214/, unsalted 212/ to 216/; Australian, salted 204/ to 206/; Argentine, salted 184/ to 196/; Danish, salted,- 218/ to -20/. Cheese in good demand; small •tocks. White, 132/ to 134/: coloured, ~ 134/ to 136/." . J ' HIGH COMMISSIONER'S CABLE. (By Telegraph.—Special to "Star.") ' ' WELLINGTON, this day. The Department of Agriculture has received the following cablegram, dated 24th Inst, from the High Commissioner for New -Zealand, London:— Meat—(Poor trade' generally owing to forced selling of Australian brands. Steady request for New Zealand mutton and lamb t ■ test brands, owing to high prices of (Home killed. Heavy. .New Zealand mutton and second class lamb not quoted on account of 1 "J?,? 11 - 6^ 0 * demand. Plentiful supplies of chilled fceef. New Zealand frozen beef nominal. ) _~: _ e w, Zeal -nd Mutton.—Wethers, under ' Wlb 9d to o_d, over 641b not quoted. . •w3^'wßr B " t QUaUty ' U6ht " Butter.—Market firm and advancing. • ew Zealand: Salted, finest, 210/ to 214/ -f-M/ S£ 0W to ™°W "5; -waited, __/ to l/loHer^b) t0 208/ per cwt <V»i ' J.fti__f Zea.m S L & as s <_£*_& ti£ W^S t .*s* hl] ! O J* 'Victor are dock^.^Au S tr_U__ e ;M^ tg tt « lonic has sa _£ i.swapa-jft ss& oi N.w- s ____df i^ to 45/; Haitian, SO/ to 45/ '* JamacJ 4n. 40/ nel np.-9__lla market Arm <j__ _,_.. ne_ has been done. °6" ™i„IT l bwl - February-April shipments ST_*fe"!* per ton; "J" grade, afloat £35 _s/ VJcS 10 / April shipments £36. Xw idtiT!' grade met demand _ *- I ™*& n < i *-** Slanila. Small busies, reported^:,?' l - 11 m 10/ per ton. according to nosltkm t 2 ftfcSf 8 * at **• «5-E_t_f_SK°feg^* Wool. — Good attendance at o-n IBatrra sales this week£tt_ active H £ _s_d from Home and Continental sections and all offerings were cleared. Gride. ?£ g<X„ condition brought prlce_lq M l to _bo_r fitst London rates Wa_ty aitdlnfirtor _SS ivere somewhat Irregular and about 5 nor cent easier. . l "- r Eggs—-Market weaker, prices i ow< >r Italian, Irish, English, French, Dutch' Dani_h, 14/ to 08/; Egyptlia, Moroccan; Chinese. 6t/rU_« 0„ to li_ . *

AUCKLAND SHAREMA.P.KET. BUSINESS DONE. AT THE in A.M. CAM, TO-DAY— Auckland C,as icon.) a „°_ New- Waiotahi 'V-i AT THE NOUN CALL TO-DA1— Merediths ,7,,,,™ Waibl _...(-!/»/-> BASKS— Sellers. Buyer* Commercial — •• a r>/ p,Vn' National - 6 < s /° - .,-', '„ New South Wales ... — •• ;_'''•; New Zealand 2/1./6 --/''/" Union of Austraba ... 14/0/0 .. 13/16/0 INSURANCE— »/13/fi National ,<-/_ "" "i/V/'i New Zealand — I/7/n ~ !/</- South British . — 1/17/8 .. — FINANCIAL— ,., „.„ Dnlgety — •• 1 --„-; n lioldsbrough Mort. .. — •• -';''„, N.Z. _nd River Plate. 1/1/9 - V'/'t Loan and Mercantile. — .. «/«/« Loan and Merc, tprcf.) — •• '»,u/ u CO_>LIlikurangi ford.) .... T>/6 -. — Taupirl . 1/1" •- l'Q' r \ Wcstport L16/0 - l/l>>/0 GAS— _ ._ ._. Auckland (old) .: — •• J/°/J? Auckland (new) l/b/0 ., 1/O/u Birkenhead l»/0 .- —_.,,_. (itsborne — •• - 1 -' 0 SHIPPING— ,,_,n Devonport Ferry .... 3/3/6 — J (%'.\ lluddart Parker (ord.) 2/16/3 .. 2/l;>/(> Northern Steam tp.u.i 14/0 .. 13/4 N<irtherD Steam icont.) — .. •»<■» Union Steam (pref.). 3/0/3 >_ 19/0 TIMBER— Bartholomew 1/0/6 _. -- L.O'B — - L'l»/6 1'arker, Lamb 1/3.0 — 1/3/0 WOOLLEN— Kaiapol (ord.) l/<>, O .. — Kaiapol (10, ) 1-, 0 .- 11. 0 Wellington — •• 8/1-/0 Wellington (pref.j ... — .. S/12,'0 '. MISCELLANEOUS— Abraham, Williams.. 4 '10/0 -. — Auckland Trams .... — .• I'-'O Auckland Trani_ (pref.) — .. 1"/B.vcroft. Ltd - .. 1/0/B Farmers' Auc 4/0/0 ..-. > — _ Fanners' Auc. A ipref.) — .. 17/0 Farmera' Auc. B (pref.) — .. 10/0 Gear Meat, Ltd — ~ 1/1S/0 Hill and Pluinmer:... — .. 1. U/li Theatre Arcade ipref.) 1 n/0 .. __ —_ Kcmpthorne, ProBser. — .. 2/17/0 Merediths, Ltd 12/0 -. 1O/0 MHue, Choyce (B pref) H,3 .- 1'3/3 Milne, Choyce (ord.> 1 4/3 .. 1/3,3 Milne, Choyce (new). 1,3-0 .. — Newton King (pref.). — .. 17/0 Newton King (ord.) . 13/0 .. 11 /n N.Z. Express — .. J3/» N.Z. Home Builders 14/0 .. 3-/6 N.Z. Kefrig. (con.)... 14/7 _ 14/8 , N.A. Farmers 8/0 .. — N.A. Farmers tB pref) — .- 6/0 Northern Boot — .- 1 '1/6 Phillipps and Impey. — .. l/r>/6 Sharland and Cn — -. 1/1/3 Max well and Co 1/5,0 _. — Takapuna Trams 1S/0 .. 10/9 Thames Theatre .... — .. 1KH Tonson Garllck — _. 12/3 Union Oil 1/10/6 _ 1/0/0 WUsons Cement .... 1/3/6 .. 1/2/8 WINING STOCKS— Moanataiari _. 4/1 _ 3/10 Waihi 1/0/9 _. l/S/9 W"aihi Grand Junction 0/0 _ 8/7 New Wniotahl 0/9 ~. 0/7. Mount Lyell ; 1/6/3 _. 1/5/0 DEBENTURES AND BONDS— Auak. Gas, 1928, 6} p.c. — ... 103/0/0 ' Auck. Harb. Bd., 5J p.c. — .. ' 98/0/0 Auck. Harb. Bd., 6 p.c. — .. 104/0/0 Auck. Harb. Bel., 5J p.c. — .. 97/0/0 City Auck.. 1040. 5} p.c — .. 97/0/0 N.Z. War, 1030, 4. p.c. — .. 97/0/0 N.Z. Wai, 1038, 41 p.c. 97/10/0 .. 97/0/0 N.Z. War, 1939, 4J p.c — .. 97/0/0 N.Z. War, 1941, 4_ p.c. — _. 96/10/0 ■ N.Z. War, 1927, 5 p.c. — .. 97/7/6 Pol. Loan, 1933, 5* p.c — . .101/0/0 N.Z. Ins., 1.029, 5 p.c. — .. 97/0/0 ! N.Z. Ins., 192T, 5 p.c. 98/0/0 .. 97/10/0 N.Z. Ins., 1938, 4. p.c. 97/2/8 .. 97/0/0 N.Z. Ins. 1939, 4_-p.e. 100/15/0 ..100/10/0 Gisborne Sheep — .. 100/0/fc Maeky, Locan — .. ioi/0/O Milne and Choyce .... 100/0/ — — Farmers' Union Trading — .„ 93/0/0 MARKET