TRADE AND FINANCE.

Auckland Star, Volume LIV, Issue 288, 3 December 1923, Page 6

TRADE AND FINANCE.

SOUTHERN EXCHANGES. DCNEDIX, this day. Sales on 'Change: Waihi, 20/6 (two parcels) and 20/4 (two parcels). . THE LONDON MARKETS. LONDON, December 1. FROZEN MEAT. Sheep.—Argentine, light, 7|d; hcary, «i<l ; ewea, 6Jd. Lambs.—Canterbury, light lljd; Argentine, lOJd: heavy, 9d: seconds. 9Jd. Froaen Beef.—New ' Zealand, force. 3Jd : BiDde, 4 i-8d; Australian crops, 33d : hinds 4Jd ; Argentine, fores. 3Jd ; hinds, 4Jd - ttrngpayyn. fores, 3 5-8 d; hind*, 4 l-Bd. Chilled! Bee.—Argentine, fores, 4<l; hinds, o 3-8 d: Uruguayan, fores, 3Jil; hinds. sd; ether, meats .unchanged. COTTON, RUBBER, COPRA, ETC. (Last week's prices In parentheses.) Cotton.—December, 21.67 d (20.25<1) Robber.—Para. 12Jd (12Jd> ; plantation and smoked, 14 l-6d to 14 3-8 d (14 5-Sd to 14Jd). J nte.—November-December, £27 <£ 25 5/). Coprt— December-January. £28 2/6 Linseed Oil.— £43 (£43 5/). Turpentine.—£3 13/3 (£3 12/6). WHEAT. Wheat cargoes are quoted at about Jast reported levels. Parcels are' qniet, but are eccaMonally threepence easier.—(A. and a.Z. Cable.) LONDON MEAT MARKET. PRICES AT SMITHFIELD. WELLINGTON. Saturday. The New Zealand Meat Producers' Board has received a cablegram rom its London efflce,- dated November 3ft, advising that the KmithflVld "delivered" prices *t that date were at follow:— New Zealand wethers and maidens.—Canterbury quality, selected brands, SGIb end nnder, B}d per lb; 57 to 641b, and under, 7|d; 631b to 721b. 73d; other brands. 561b and nnder, 7 5-Sd; 57 to 641b, 7d; 65 to 721b, 7id; New Zealand ewes, 641b and ■Oder. 6 3-Bd. New Zealand lamb.—Canterbury quality, Seib and tinder, 11 Jd; 37 to 421b, 10 3-8 d : 43 to 501b. 9|<l; seconds. 10d; selected brands, 361b and under, lOJd; 87 to 421b, 10 l-8d; other brands, first quality, 421b and nnder. 8 7-8 d; seconds, 9}d. New Zealand beef.—Ox fores. 3 j<l: ox hinde, 4Jd; cow feres, 2 7-Sd; cow binds, SJd. Argentine.—Chilled beef, ox fores. 4d ; ox hinds, 5 5-8 d; Argentine frozen beef, ox fores, Sfd; ox hinds, 4{d. The mutton market is firm, witb a good demand. Owing to deplete dstocks ewes are likely to advance. The lamb market is steady. There Is a slightly better demand for beef owing to the lighter arrivals of Argentine chilled beef. LOHDOIT PRODUCE MARKETS. Messrs. Norden and Co.. or Auckland. report, under date of December 1, 1920:— '"Out principal*, Messrs. Andrew Clement and' Sons, Ltd.. London, cable values as follows: —Hotter.—November :i. 185/ per ewt: November 10. lOC/: November 17. 206/; and November 24. 210/. Imports Into Great Britain to October this year, 17,914 tons, an increase of 5967 tons, upon the similar period in 1922. Cheese.—Quotations for November, 104/ to 108/. Imports Into Britain. October 1928, totalled 11,779 tone, a decrease of 474 tons. . NOVKMBER ARRIVALS. Corlntliic arrived at London on November 1, with 18,070 boxes of butter. Port Curtis arrived at London on November 9. with 27*991 boxes butter. Armagh arrived at London on November 5. with 22,692 boxes butter and 2993 crates cheese. Rotorua arrived at London on November 17. with 32.900 hox K d butter and 1919 crates cheese. EXPECTED DEPARTURES (Auckland Loadings). Arawa loading on December 2, 23,000 boxes butter and 7000 crates cheese, sails finally from Wellington about December 18. Pakeha. loading 15,684 boxes bntter and 6000 crates cheese on December 6, and Killing finally from Nbpler about December 20: also taking 10,000 boxes butter to Dunkirk. Middlesex, loading, about December S. 16,700 boxes butter, and due to sail finally from Tokomaru Bay on January 2. Dorset, sailing finally from Auckland about December 10, for West of England ports,' taking 9000 boxes butter and 5000 urates cheese. She is also taking 20,000 boxes bntter to New York and 500 crates cheese to London. Port • penlson, loading 20.000 boxes bntter about December 10. sailing finally '"J? .Wellington about December 20. M t ahla io ta ?s? from Auckland about December 22. <..,oee boxes butter and 8000 crates cheese, sails for London from Lyttelton about .lannary 5. * Hurnnui. sailing finally from Auckland about December 3], takine butter !nd cheese for West of Englsn* norta sh* wffl probably take a «hlU??. "o? Mff ■■ jcor*.

AUCKLAND SHAREMARKET. \ BUSINESS DOXB. AI THE NOON" CALL TO-DAY— . * National Bant (i"(J/15, 0) .Naf.lonal Insurance (£3,15''6) > Auckla nd Gs s (conU (3/5) 3/5 TValhi £1/9/6 , , Soldiers' Loan, 5} p.f (t"100/10,0) BANKS— . Sellers. Buyers. Australasia 13/2-0 .. — Commercial 1/14/0 .. — National 6/17/v) .. — New Zealand 2/11 /K .. L'/ll/O Union of Australia .. 14/l»/«> .. 14/15/0 INSURANCE— National 3/16/6 .. 3/14/C New Zealand 1/9/0 .. lV8/a South British 1/19/S .. 1/17/6 FINANCE— National Mortgage ■• 4/8,6 .. N.Z. and River Plate l'l/(>- .. 1 0/0 Loan and Mercantile 81'0 0 .. 7*/0/0 COAL— Hitruraugl (ord) 12/1 .. — Hlkurangi (Rights) .. -V0 .. — Taupirt 3 '0/3 .. 1S/0 Tauplri (pref.l -- .. 1/4/0 Walpa 17'9 .. 17/0 GAS— Auckland (old) 1/0/0 .. 1/5/3 Auckland (new) 3 f> .. 5/4 Uisborne .1 — .. 13/6 SHIPPING— Devonport Frrry — .. 1/3/6 IHuddart, Tarfter (ord.) 2/1/* -• - 0/6 Northern Steam (p.n.) 14/e .. Northern Steam (cent.} 7/3 .. — TIMBER— Kauri Timber — .. 1/8/0 . •L.O'B — .. 3/17/6 National , — .. 19/6 Parker, Lamh 1/11/0 .. 1/8/6 STOOLLEN— Kaiapol (ord.) 1,2/0 .. 1/1/0 MISCELLANEOUS— British Tobacco 2,'2 « .. 2/1/0 Bnrne. Philp aud Co. 1/12/6 .. — Bycroft, Ltd — .. 1/2/6 Dental Supplies 1/1'6 .. — Donaghy's Rope — .. 1/13/6 Farmers Anc. A tpref.) l'J/3 .. 1S/0 Farmere' Anc. B (pref.) 17/0 .. — Gear Meat. Ltd — .. 2/1/0 Grey and Mensiee (ard.) — .. 10./O Theatre Arcade (ord.) — .. 2/10/0 Theatre Arcade (pref.) — .. 1/0."0 Meredith'*, Ltd 7/0 .. — Milne, Choree i<Ieb.). J/3/8 .. — N.Z. Breweries 1/4/6 .. — N.Z. Express 17/6 .. — N.Z. Milk Products.. — .. 1/3 fi N.Z. Paper Mills — .. 1/1/0 N.Z. Retrtg. (cont.).. 11/4 .. 10/10 N.A. Farmers (A pref.i — .. 8/8 Northern Boot — .. 1/2,1) PhlllippB and Impe.r. — .. 1/7/6 Sfaarland and Co..... - .. 1/1/3 Takapuna Trams — .. 10/T» Thames Theatre — .. 16/0 Wilsons Cement 1.8,0 .. l/X'O Dominion Pictures .- 13/6 .. — HINING STOCKS— Four-ln-Hand l.S .. 0,'8 Moanatniari a/3 .. 1/6 Waihl Grand Juncttou R/0 .. 4/»! Wnlhl l/B/9 .. 1 /9/6 KEBKNTUHES AND BONDSAuck. Gas, 1932. 5 p.c. 94/0/0 .. — Auck. tias, 192S, 61 104/«/0 .. 100/0/0 City Aacfe., 1943,'5| - .. 89/0/0 DeTwnport I-oan .... 102/15/0 .. — N.Z. War. 1930, 4* p.r. -- .. 96/10/0 X.Z. "War. 1938, 4j p.o. — .. 06/10/0 N.Z. War, 1939, 4J p.c. — .. 96/10A) N.Z. War, 1941, 4* p.c. — .. 96/10/0 Sol. Bonds. 1933, 5* ICO/10/0 .. 100/5/0 JJ.Z. Ins., 1027. 5 p.c. . — .. 97/10 'O N.Z. Ins., 193S. 4J p.c. 97/5/0 .. 06/10/0 N.Z. Ins., 1927-41,5} 99/0/0 .. — Sol. Ins- 1933, 5} p.c. JOl/O/O .. 100/0 0 Booth-MaciTonald 100/0/0 . Bycrofts. Ltd. ICO. 0 0 .. 93'0/0 N.Z. Breweries — ..101/10/0 Milne and Choyce ... ' — .. 98/0/0