BADE AND FINANCE.

Auckland Star, Volume LIV, Issue 270, 12 November 1923, Page 6

BADE AND FINANCE.

AUCKLAND SHAREMARKET. BUSINESS DONE. AIJTHB 10 A.M. CALL TO-DAY— WelM Grand Junction 46 WUsone Cemeiit fi/fl/0 Tenplri Coal ."...'.'.. .(il) NOON CALL TO-DAX— > g*™ 2,l "* ll * l Bank <I> r e') (»/IT/6) National Insurance 4US/17/OI ; X»apl.; Coal . 19/Tft ! Aaeklana Oa. < Ancklaud G«a (S/ peifl) %A South British In»nr»nce il/is/e Walhl fl/(V3

MARKET CHANGES. WneoDs Cement—Seles £1/9/0. up e<l Wellington Woollen—Buyers £9/5/0. up 2/ Bear Meat—Buyer* £2/1/3, up 3d. SOUTHERN EXCHANGES. (By Telegraph.—Frees Association.) WELLINGTON, this day. Reported gales: Crown Brewery, £2'l6'U J" r , c , ent Inecrlbed Stock, 1038, ±97; National Inmiraucr, £3,17/6 (cum dlv.j. DDNEDIN. thin day. , ** l *" ,1 * (cont ->- W; Paper Mile, fl : /3/0. Reported: 1938 Inscribed, THE LONDON MARKETS. LONDON. November 10. FROZEN" MEAT. Sheep.—New Zealand, ewee, ejd: Argen--5"; "*?.* J d '» heavy 6id - ewee 5 3 d : Pa*alenlan light 6Jd, heary G|d; ewes 5Jd. Ijambe.—Argentine, light 10d, heavy BJd. Beef.—An«trallan, cropa sja. ChUled Beef.—Argentine, hlnd» s»d ; Frufuay, hinds 4id; others, imchanged COTTON, RUBBER, COPRA, ETC. (Last.week's prices in parentheses.) Cotton.—December, 18.87 d (17.594) Rubber.—Para, 12»d (121 d) ; plantation and smoked, 14 t d to 14*3 (13Jd to 14d) J«* e —November-December, £22 17/6 Copra.—Norember- Dwcmlior *on it,

l*_6_b/). wemDer ' *- 6 15/ Linseed Oil.— £41 10/ (£4l 10/). Turpentine.—£3 12/ (£3 13/). PRICES OF METALS. -2 P __/_-' on spot, £61 18/9; forward, Lead.— £30 and £27 10/. Spelter.— £32 11/3 and £33. Tin.—£2l4 7/6, both positions. CONSOLS AND NEW ZEALAND STOCKS The following table gives quotations for consols and New Zealand Inscribed stocks, compared with those of November 1 : . Price. Variation. £ £ Consols, 2i per cent 56J 2» British 3J p.c. war loan 90 Same British 5 p.c. war loan 100§ 1* British Conversion 31 p.c. . . 771 ll* New Zealand 4 p.c., 1929 95f |f New Zealand 3 p.c, 1945 75 it New Zealand 6 p.c, 1930-51. . 109J Same 1 t Higher. • Lower. —(A. and N.Z. Cable.) Messrs. Dalgety aud Company, Limited, are In receipt of the following cable from their London office, under date of the Bth inst.: — Frozen Meat. —N.Z. prime crossbred Lamb : Canterbury, heavy 9Jd, light IOJd ; North Island, heavy "SJd. light 10il. Demand for N.Z. lamb runs principally ou light weights, and market (inn. N.Z. prime crossbred mutton : Canterbury, not quoted : North Island, heavy 7d, light 7Jd. Demand for N__. mutton better owing to cold weather, and market steady. Quotation for N.Z. prime ox beef: hinds 4|d, fores 3d. Demand for N.Z. beef limited. Any change in prices in favour of buyers. Lamb.—General opinion is that prices have touched bottom. Improved tone shown for light lamb, hut heavy mutton rlUHcult to sell. Market clear of Canterbun - mutton. Nominal quotation Australian : Light lamb 9_d. light mutton 5Jd. New season Australian lamb should oppn approximately lOd. No forward sales reported. . Butter.—Rather more inquiry. We quote: New Zealand, salted 190/. exceptional brands 192/: Danish, 294/; Finest Australian, salted. 19G/. Cheese.—Market very slow. New Zealand, coloured 10C/. white 104/; Canadian, ci.f. quotation. 98/. Season is nearly over. New Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London house under date 7th Inst.:— Tallow.—Prices unchanged. Good demand. Latest quotations, October 31 __? _7T tae , m - _!.• 43/ Per .cwt; good beef, 41/ ; mixed, 36/.

■ANKS— Sellers. Bnjer*. Anstntaala ... 13/«/I> , u Jl7'* XaUoMl --.-;-. e/ie/O .. e/13/o New South Wales... 41/0/0 .. _ New Eaaland 2/11/9 .. 2/11 A) Union of Australia... 15/0/0 .. 14/16/6 INSURANCE— National , 3 /17/e .. .V16/0 New Zealncd. l/10/o „ i/8/e Standard _ a 17 g JINANCE— National Mcrtfinj.--.. 4 '4/0 N.Z. and R1t€t Plate 1/1/e . — Loan and Mere, (pref.) — .. 77/O/O COAL— Hlkurangl (orfl.) J5,.tt _ T«up|rt 3/0/0 ., ift/10 1U8Aockland (old) 1/VB .. 1/5/0 Auckland (new) n .. «/•> BHIPPING— BeTcnport Ferry — .. j/s/g Hnddart. Parker (oriJ.) 2/2/0 .. — Bnddart, Parker fpref.) 1/1/0 .. — 1 Northern Steam (p.n.) #> 35/O Northern Steam famt) — 7/0 P. and O. Deferred... 315/0/-O ." 2WV0/U Union bteam (pref.).. 1/1/o 1/0'0 TIMBER— Bartholomew . . e 17/0 Kauri Timber " 1/7/K Parker, ....... 1/12 e "* - ' WOOLLEN— KaUpol (ord.) _ 3/l^j KalapoJ (10A — 10/0 Wellington p/S/o ,. p/5/0 WelUngton (pret).... L 1. eiSCELIANKOITS

Abraham, Williams.. — .. Sifi'O Bj-croft. Ltd _ .. i. /2 >j Colonial Sugar <Aua.) 80/0/0 .. — ». Donaghyle Bop*.... — ,. 1/13/0 Farmers' Ant A (pref.) 19/0 .. — Carmen* Auc. B (pref.) 1T/0 ,. ■ Gear Meat, Ltd 2/3/0 .. • 2/1/3 • £!"* ,nd Me«'ee (ori.) — .. 10/0 Theatre Arcade (ord.) — .. 2/10/0 . Merediths, Ltd. ..... 7/0 :_ ' . Milne, Choyce (ord.) — .. 1/3/6 : Millie, Caojee (deb.i 1/3/9 .. _ • Newton King- (pref.) 18/6 .. — rv». Breweries X/6/6 ,, N.Z. Express 17/8 .. — >.Z. Milk Product*.. — .. 1/5/0 N.Z. Paper Mllle 1/4/0 .. ~ N.Z. Refrls.. (eont).. 12/0 ,. — Kortbern Boot .. — ., 1/2/0 PhllllppB and Impey. — .. in/9 Sharland and Co — .. Wβ ' Takapnna Trams .... •— ., 10/0 Thames Theatre — .. ie/0 Wllfions Cement .... 1/8/6 .. l*/» MIXING STOCKS— Four-ln-Hand 1/3 .. o/o Moanataiarl 2/e .. 3/e New Wulotahl O.'S .. o/5 Walhl l/C/3 .. 1/e/O Walhl Grand Janctton 4/10 4/t; DKBSNTCRKS AXD BONDS— Auct. Gnu, 1FS3, 5 p.c. M/0/0 .. _ Anck. Qae, 1»»8, GJ 105/0/0 .. 101/0/0 Anck. H.B.. 4 p.p.... R8/e> 0 .. — Anck. H.B., Cp.c 99/0'0 — Deronport Loan 103/0/0 — £'£ S" , 1830 ' ** p- c - — - • oe/io n Wmr, 1»38, 4* p.c. 97/S/O . . _ ' - >.Z.Wtr, 1941, 4Jp.e. »7/n'O — N.Z. War. 1027. 5 p.c. _ ' &r/ia/n soi. Bonde, 1B33, oj ioiAo/0 :; — >'.Z. Ins., 1838, <j p.c. 97/5/0 .. — Booth-Macdonald 1OO/O/O Bycrofta, Ltd. 100/0/0 .. — VZ. Breweries 103/0/n ..101/10/0 Milne and Cooyce .. 101/0/0 '■