FINANCE AND COMMERCE.

Press, Volume LXI, Issue 18506, 7 October 1925, Page 10

FINANCE AND COMMERCE.

PROTECTIVE TARIFF. BRITISH MANUFACTURERS' CAMPAIGN. . NON-POLITICAL MOVEMENT. [•. (ST CiBH—PMSS ASSOCIATION— COPTSIGHT.) : (AfSTBi-UAK AXD K.Z. CABLX ASSOCIATION.) (Received October 6th, 0.0 p.m.; LONDON'. October G. . The National Union of Manufacturers is launching a propaganda, campaign in order to demonstrate that it considers tsriff on imported goods is one of the remedies for the relief of British trade. The Union, proposes to keep clear <>l all political parties. Instead, it will rely on trained lectiners on economics, i statistical bureau, and a publicity department. Sir John Corcoran. Director of Army Contracts, is resigning from the War Office in order to become a director of the Union, which is appealing for £20,000 per annum for the nest three years to earn - on a campaign oil be-1 Jiaif of Protection. EMPIRE GOODS. j ORGANISATION OF MARKETS. I (ATOT&ALIAW AJTD'If.Z. CABLB ASSOCIATION.) (Received October Gth, 7.35 p.m.) LONDON, October 5. | The "Daily Telegraph," in a leader j sntitled "Marketing of Empire C-oods," \ jlcads that the vnlue of Wembley may i lot be lost, because, insufficient energy j tas been shown in following up the Ex- j libition. Many visitors would like to j >uy overseas goods, but thev often are j lot stocked in the shops. These com- | ilaints merit serious consideration in j new of the recommendations of the I mperial Economic Committee thnt I L' 650,000 be spent in stimulating tho I lemand for Empire-grown goods. Aleady Indian tea-growers are spending 290 000 annually in creating markets, t is useless to advertise Empire goods inless regularity of supply and easy larketing is assured. Market organisaion must precede tho publicity tfajniaign and the onus necessarily lies, in large iiieasure, -with the overseas protucers. ( Loan for Belgium. SOUNDING BRITISH MARKET. I tn cabu—raggg AfiociArioa—eorauoHT.i Uvrauiiur ajtd h.z. cabli >uocunov.) (Reoeived October 6th, 7.20 p.m.) LONDON, October o. M. Jangsen, Belgian Finance Minis;r, conferred with the Governor .of the ank of England aad other financiers agarding raising a loan in. Britain to aprove Belgian currency. It is reported that tho reception waa iwurable. -MOUNT MORGAN MINE. _«' FLOODING THE LEVELS. yt eißLß—ram associatiojt—corruftarr.) (AUBTBALIAH AMD H.Z. CABLI AfISOCUTIO»i) BEISBANE, October 6. Good progress is being ma<?e in ghting the fire in the Mount Morgan line. The -water is now above the 750 eet level. Some 6,500,000; gallons of rater are being pumped in daily. HASSEY-HARRIS COMPANY. - / PRESIDENT ENTERS POLITICS. tar ei»u—Ptiia ahooatio*-coptu«r.) UVKBAUUr AX9 V.£. CAIU A&fIOCIATIO*.) OTTAWA, October 5. A Toronto message annonnces that Ir Viticent Maasey, who recently enared the Federal Cabinet, has reigned the presidency of the Masseyrarris Implement .Company and from oar,ds of directors of the Bank of tommeroe and the Mutual life Assurnce\Society. \ In a statement, Mr Massey says he (lieves that, even at personal eacrice, he should resign the directorates ( corporations in order to leave him>lf free to deal with public issues ithout his actions or motives being ibject to question. FOREIGN EXCHANGE RATES. M CABIJS—PBBSS ASSOCIATION—COPTBIGKT.) AtISTaALIAH AND N.Z. CASLI .ASBOCIATIOK.) IVONDON, October 5. Th« exchange ratee »»;- Par. Oct. 1. Oct. 5. »ri«, fr. to ,» 23.22 i 102.25 104.45 nuaels, fr. to'£l ' .." 25.224 107.25 108.05 110, kr. to £1 .. 18.159 23.95 24.53 jpenhagen, ir. to £1 18.159 20.03 20.13 wokholin, kr. to il 18.159 18.03 18.03 »riin,' Rekimacke*" ;to *1 .. ontreal, dol. to £1 4.86J 4.84| 4.84 ew Yc«k, doL to *1 4.86J 4.81 3-16 4.84 1-1« ame. lix» to £ .. 53.22S 11911-16 120J okbhama, &t. to yen 24.58 20i 20i ilcutU, et to rpe 10 to gold £ \ <mv Km*, »t. to doL • 29J 29J ntterdam, , fl. •• 12.107 d 12.05 12.04J »Uvi» • .. •• - ' 11-W 11-9' * Governed'by price of eilver, jJSTJIALIAN STATE LOANS. FLOTATION IN LONDON. (axtma's txlxgbausO LONDON, October 5. We»t Australia intends floating a ;500,000 loan immediately. When the West Australian loan io placed thin a tew days, the South Australian ,500,000 and th« Tasmanian £600,000 loans II jointly follow almost immediateiT, then w South Wales for a minimum' of fIOOfIOO of »» money. . WHEAT. NEW YORK, October 5. Jhicago wheat quotations:— December w), 1301 cents a bnshel; old, 136 cents; y, n*w, 137 5-6 cents; old, 136J oente. METALS. (Eeceiyed October 6th, 9.30 p.m.) LONDON, October 5. topper— Spot £6l 13s 9d. forward £62 3d per ton; lead, spot £39 10s per ton; Iter, spot £39 6s 3d, forward £37 16s 3d ton; tin, spot £268 17s tid, forward 9 6s 3d per Ion; Eilver, standard 15-16 d,

CANTERBURY MARKETS. FURTHER POTATO FIRMING. (BT OUR COMMERCIAL EDITOR.) Tuesday Evening. The upward movement noted in the potato market in the week-ond report has developed in no hali'-heartcd manner. On Friday £li on trucks tva- arai!aUe. on Saturday £« os. ye;.-t-erda\ V'i 10s, and to-day £0 1-js. This is 50s a. ton in advance oi' the rate ten days and indicates that the downward movement on that occasion did not owe its orijrin altogether to genuine influences. The i'.o.b.. s.i.. price to-day is £8 to £8 os, a.s against £7 12s fid on Friday. Auc-kland is'bestirring usell in the matter or supplies, as with the small r-on- ; -ignment sent north by the Katoa last ! week there is :t likelihood of very bar-; | boards when the Wingatui. the next ! vessel to lea.ve Lyttelton, arrives at. the northern city, which will be about Monday. In spite of the ranid advance in values offerings I'imji fannert- are '" snip.ll bulk. There are always a feugrowers who hold stocks until the last gasp of the season, but a few tons cover the holdings of nearly all those who still have potatoes. v There is no word so far ns to how the Karetu's shipment fared in Sydney, but the possibilities are that the good condition of the potatoes on arrival will enable them to be released gradually. The Seed Market. There is no change in the 'seed market since the week-end. "Business i' l eowgrass with the Old Country on the values then quoted lias been continued, there being a sale or two at 127s fid per cwt. Auckland is also showing some interest in cocksfoot. The following are nominal quotations, free of commission on trucks, sacks extra, except where otherwise stated : Wheat—Tuscan Gs Bd. Hunters fis lOd, Pearl 7s i'.o.b., sacks extra; fowl wheat 7s lei. Oats—-Garton A's 3s Od ; B's 3s sd; Algerians 2s 7d to 2s Vd. Chaff—-Good bright, £-1 to £4 os; secondary. £3 10s. White" Clover—To 12d a lb. Cow-grass—9d to lOld. Italian Ryegrass—2s Od. Perennial Ryegrass—is to 4s 3d for Rood. ; Cocksfoot—<xl to fid. Partridge Peas —Gs od for export quality., Linseed—£l7. Potatoes— £6 10s to £6 15s. Flour —£1S a ton f.o.b. nearest port; smaller packing. 1001b £l9; 50's, £l9 12s 6d; 25's. £2O. Pollard—£9 f.o.b. nearest port. 10s extra for smaller packing. Bran—£B per lon f.o.b. nearest port, 10s extra for smaller packing.

RANGIORA MARKET. There was an improved entry in the sheep department at tho Ransriora market yesterday, the yarding, including lambs, totalling 1211. There were 85 sheep in the fat pens, but all but four were passed in. Amongat the sales of stores were:—26 wothero at 35s 3d, 100 at 37s lid, and 72 at S6a 3d, 39 ewes and 40 lambs at 22s 4d (all counted), 51 ewes and 52 lambs.at 16s 3d, 40 ewes and 44 lambs at 20s, 24 owes and 24 lambs at 20s, 23 owes and 23 lambs at 23a' 4d, 74 ewes and 73 lambs at 225, 46 ewes and 47 lambs at 18s, and 54 ewes and 56 lambs at 18s lOd. ' ' ' There were 38 head of cattle yarded, the whole being dairy stock. There was a good sale for the best forward springers at £ll 12s 6d to £l3. Sprin?crs, fourth calvers, made £5 10s to £7 15s, Jersey springing heifers £7 10s to £lO 15s, springing heifers £5 108 to £7, and store cows £2 10s to £4 10s.* Forty pigs were penned, all bnt five being weauers. A porker sold at 43s 6d, four stores at 40s, large weaners at 30s to 345, and othens.at 21s to 29s 6d. , made 13a 6d to 13s 9d a couple, hens to 8s 6d, and ducks 8s Gd. In- the produce yards chickwheat made 20s to 27s a sack, oats 12s 6d to 15s, barley 12s 6d to 15s, peas 18s to 225, beans 18s, oatsheaf chaff 3s 6d to ss, table potatoes 8s 6d to 13s a eack, seed potatoes 6s 6d to 10s parsnips Is ta Is 6d a kit, turnips 4s 6d a bag/ beetroot Is a petrol tin, carrots la to Is 3d a tin, cauliflowers 3s to 6s a dozen, onions 2s 6d a. tin, apples 3s 6d to 6s a case. v Sheepskins— Halfbred to 14« 6d, threecroarterbred to 12s, crossbred 8s to 10s hoggets 10s, calfskins 3a- 6d to 4s 6d, hides 4id lb, fleece wool Is 2d, dead wool, 10d, crutchmgg 5Jd to 6d, fat 2Jd, horsehair Is 3d

ASHBURTON- MARKET. •There was a fairly good attendance at the lmwafd yards yesterday, when there waa a total entry of 932 sheep and 12 head of store cattle. The sheep included 96 fat ewes 211 fat wethers, 10 fat hoggets, 1 lamb, and 614 stores. Tho principal sales were: Ewes—6 at 365, 3 at 30s, 2 at 44e 7d 9 at 35s 9d, 8 at 30s 3d, .10 at 28s 2d 5' at 41s 6d, 6 at 28s, 4 at 38s, 13 at 35s 3d, 6 at 38s 9d, 6 at 31s 6d, 4 at 30s Wethers—33 at 41s Id, sat 48e, sat 10s 3d, 4 at 40s sd, 7 at 53s 3d, 7 at 53s 8 at 47- 6d, 11 at 41s Id, 11 at 38s 9d 11 at 40s, 1 at 56s 3d, 11 at 41a sd, 11 at 40a 7d, 14 at 44s 6d. * ' Stores—Out of the 614 stores offered, 426 were passed in. The sales were 50 failing mouth three-quarterbred ewes and 54 lambs (all counted) nt 22s 4d, 40 failing-mouth halfbred ewes and 39 lambs at 20s 9d, 86 halfbred and three-quarterbred miisd sex hoggets at 18s 9d, : 139 three-quarterbred mixed sex hoggets at 22e 9d. Cattle—The only cattl« sold were three springers at £3, £1 15s, and £3 5s respectively.

BRADFORD TOPS. LONDON, October 5. In the Bradford tops market an improved tone is maintained, though prices are not quotably higher. LONDON WOOL SALES. LONDON, October 5. At the wool sales a miscellaneous selection was submitted. Prices were firm at late rates. New Zealand sales included Oxford 48d. MELBOURNE WOOL SALES. MELBOURNE, October 6. At the wool sales competition was wider i and better sustained than for some time past. Prices in the C3se of merinos were par to 5 per cent, above closing rates at September sales, and rather more so in the case of comebacks and fine crossbreds. SYDNEY WOOL SALES. ■■• | (Received October 6th, 11.55 p.m.) » SYDNEY, October 6. At the wool sales competition .wras active and well sustained, and finer grades were in favour, aud all classes of skirtings were in very strong demand. Values were fully maintained, with a tendency at times in buyers' favour. Greasy merino sold to 28d. EGG MARKET. Messrs Harris Bros., Ltd., report that the usual weekly auction sale of Feather Brand guaranteed fresh eggs, on behalf of the Canterbury Egg Farmers' Co-operative Association, was held in their rooms yesterday afternoon, and the following pricc3 wc-ro realised:—Hen eggs, first grade (2oz or over) Ib 6d» recoud grade (under 2oz) is sd. --T

LONDON MARKET. The Department of Agriculture has received the following i-iblegram. dated October 3rd, from the High Commissioner for New Zealand, London:— BUTTER. t Market firm, owing to small supplies of finest. Official quotations are:— New Zealand—Finest salted: October "rd. ■_2Ss to '-'.•!-Js a ■•»•! (2.< Djd to '-'s OJd a lb), exceptional :'34s a cvt ('2s Id n lb): September 26th. to 'J2is (Is 11 id to lp lljd a !!>;: September 19th. 'JObs to 201s a cwt (Is JO.) to Is 10id a lbl. L'nsaited: October :ir-.1. 224s to 225s a cwt (2s to 2s OJd a li>): September 2G;li, 2 Ids to 220-; a CM (1» I 1 = d to Is a lh i : September ISlh. 202s to iMSs a i-w: (Is 9Jd to Is H>Jd a lb). Other qualities: o»-:oi>er .'!rd, 21Cs to 220s (Is lid to Is Hid a lb). Australian —Salted: Of-tober "rri. 21 Us to 220s a t-u-t (Is 11.1 to Is lli.l a lb i : .September 26th. 20Ss to 2 12s a iw: (1 ■; ;:|t;l to Is IOJd a !b): Sememhor )9-\i. l:i>.. to 202s a c-.vt (is p;,) ~, ], nid a lb.. I'nsalted: October 2rd. 212s to 218s a cut (Is 10'7d to Is UJd a lb); September 2litii. 200s to 212s a c.-.t (Is 10.1 to Is lojd a lb): September 19th. 190s to 200s a <-\v; Us 9d to Is 9id a 11. i. Other qualities: Salted, O.tober :;H. 2"(i< toe 2 1 Is a cv (Is .)0d to Is lid a !b.: ur.salted, O, to!.»»r 3rd. 39-ls to 2os.s a c.m (Is to Is lo\d a lb). Argentine—l'nsalted: O.tober :trd. 190> to 200s up to 20-ts a cwt Ms 9d to Is 9 : ,' d a lb): September 26th. is-is to 190:-, a cwt (Is 73d to Is a lb): September 19th. 184s to ISSs a cwt (Is 73d to Is 8d a lb). Other qualities: October ."rd. 176s to li»4s a cwt (Is (S:M to Is iJJd a lb). Scored: October :trd, 186s to I'Us a cwt (Is to Is Bi'd a lb). Other qualities: October IJrd, 130s to 184s a cwt (Is 7id to Is 7Jd a lb). Canadian—Salted: Octobe- .'!rd. 2 12s to 21fis a <wt (Is ]<;■'; d i,o Is 11:1 » ib): September 26th, 200» to 204s a cwt (Is yid to Is 9jd a lb): September 19th. 192s to 194s a cwt (Is 8»il to Is 83d a ib). Unsalled: October :!rd. 20i; s to 212s a cwt (Is Hid to Is 103 d a lb): September 26th, 200s lo 204s a cwt (Is to Is 93d a lb); September 19th. 104s to 196s a cwt (Is gjd to Is 9d a lb). Irish—Salted: October rtrd. 216s to 218s a cwt (Is lid to Is I I'd a lb); September 26th, 208s to 210s a cut (Is lOjjd to Is 10id a lb); September 19th, 198s to 200s" a cwt (Is 9»d to Is Old a lb). I'nsalted: October ."rd, 2 18s to 220s a cwt. (Is lljd to Is lll.d a lb): September 26th. 210s to 212s a cwt (Is 10id to Is lOild a lb): September 19th. 200s to 202s a cwt (Is 9id a lb). Danish: October Did. 228s to 2:i()s a cwt (2s Oid to 2s (lid a lb): September 26th, 224s a cwt (2s a lb): September I»th. 220s lo 222s a cwt (Is 11-d to Is 11-Jd a lb). CHKKSti. Market firm. Stocks of Xew Zealand are nearly exhausted. Official quotations arc:— English, finest farmers': October Hrd, ll'Os to 140s a cwt (Is 2d to Is yid a lb); September 20, do.: September 19th, do. Canadian —Coloured and white: October Brd, HGs to 118s a cwt (Is Ojd OJd a lb); September 20th. 112s to 114s a cwt (la to Is Old a lb) ; September 19th, 109s to 112b a cwt (lljd to Is a lb). New Zealand—Coloured : October tlrd, 116s to 118s,a cwt (Is 03d to Is Oid a lb); September 2Gth, 112s to 114s a cwt (Is to la Old a lb); September 19tli. 103s to 112s a cwt (Hid to Is a lb). While: October 3rd, 116s to 118s a cwt (Is Oid to Is UJd a lb); September 26th. 114s n cwt (Is UJd a lb): September 19th, 110s to 112s a cwt (lti«j to Is a lb). ' Estimated cost of cheese on hand, October Ist, London, Liverpool, and Bristol, were: Canadian, and American, 221,200 boies; NewZealand and Australian, 6650 crates; against .172,400 and '18,970 same time, last year. Shipments of New Zealand produce arrived this week by the Eemuera, Ruapehu, and Matatua.

CASEIN". Argentine, £44; Italian rennet, £55; French rennet, £65. HEMP. Manila market dull and easier. Buyers quote J grade October-December shipments £4l. New Zealand quiet in sympathy. Nominal value October-December "shipments; Highpoints, £39, fair £35 ss. VfOOh. Sales continue firm. Value generally maintained at about opening prices, with crossbred about Id dearer. TALLOW. Market quiet' but steady. Demand is moderate at auction, and no~-chango in prices. OATS. Common sorts lower. Good supplies heavy English and Scottish'* available at 29s to 355; No. 2 Canadian Western afloat sold at 265; November shipments, 255. Nominal valuo New Zealand A 32s ex store. PEAS. Maple Partridge—Better demand for good quality New Zealand and Tasmanian. New Zealand best quoted at 75s to 78s ex store. Tasmanian September-Oc'.ober shipments sold for 83s. English selling at 55s to 60s. Blues,' demand is limited. Tasmanian and New Zealand neglected on a'ceount of indifferent quality. New Zealand quoted at £l6 to £lB ex store. Dutch hand-picked selling at £lB to £2O, Japanese £23. BEANS. No' enquiry for imported. Chinese Horse offered at £ll 5s 6d Best English winter make' 50s to 52s for seed. COCKSFOOT. Danish Cocksfoot seed value about 83s c.i.f. EGGS. Trade slow for the best. Market steady for secondary. Present quotations are: — English. Danish, Dutch, 21s to 25s a long. 100; Irish, Belgian, 20s to 235; Italian, Argentine, } 6s 9d to 20s; Lithuanian, Polish, Russian, lis to 16s Cd. , ASHBURTON DAIRY CO. ANNUAL MEETING. The fifteenth annual meeting of the Ashburton Co-operative Dairy Co., Ltd., was held yesterday, Mr W.- T. Lill presiding. The annual report was as follows:—The year's operations show a surplus of £5748 7s 9d, which is is proposed to allocate as follows: —To make a final payment to butter factory suppliers of 3d per lb on butter-fat supplied in March, April, May and June, and 2d per lb on butter-fat supplied in Novemt'er, '"December, January and February, £4416 14s lid; to make a final payment to cheese factory suppliers of 2}d per lb on butter-fat supplied in November, January, February, March, April, May, and' ljd per lb in December, £066 12s lOd; to pay a dividend at the rate of 7 per cent, per annum, £415; to write off depreciation on buildings and plant, £250. The state of the market at Home has been a source of continued anxiety throughout the greater part of the season. Your directors adopted the course of selling, which proved the wisest, rather than holding six months for the bigger price,to be lessened by the heavy cost of holding for such a long time. The Control Board is to be congratulated on the £350,000 they have saved New Zealand dairy farmers in insurance rates between f.o.b. and I/ondon. Suppliers will be pleased to learo that a more regular, aud distritnitive shipping service has been provided between New Zealand and London for this season. The new arrangement provides lor more even spreading of the shipments, thus assuring London. o£ a continuity of supply. The Company hopes that this season more herds will be tested, thus eliminating the "duffer" from the herd. It is with regret | that we record the passing away of Mr I). McKanzie shortly after his retirement from the Board, and the directors regret that their old colleague was not spared longer to ' enjoy his retirement. | The chairman said the Company realised that the dairy farmer had a very ' bad autumn altid winter, and a late spring. j This had influenced the directors in making ' final payments. Mr Lill urged farmers to go lin for hcrrd-testing. The,»fsctory was being supplied by 3700 cows, and the average was 1701b of butter-fat per cow, 3 little above the Dominion average. The report and balance-sheet were adopted. The following directors were elected; — Messrs John Grigg, G. Harrison, V. T. Lill, W. H. Price, and J. T._ Nelson. Mr F. A. Hickman reappointed auditor. Mr tT. Grigg was re-elected chairman, and , Mr C. Reid deputy chairman of the Board of Directors.

ARAHURA STOCK SALE. (SPECIAL TO "TSS PRESS.") GREYMOUTH, October 6. At the Arahura yards yesterday there was a fair attendance of buyers. There was a preponderance of cow and heifer beef, which made the demand for ox beef particularly spirited. The latter showed no decline on last sale's prices, prime heavy ox making from 52s 6d to 55s per 1001b. and prime heifer beef at 47s 6d to 555. Seven weaner pigs were sold at 255, thirty-one two and four-tooth wethers at 44s 6d, one bullock at £l7 10s. two heifers at £l6 ss. thirteen cows at £l2 10s to £l7 10s, eighteen bullocks £ls 7s 6d to £"0 17s Gd. one steer at £l4 ss. ten heifers £ll ITs Gd to £l3, two cows at £l3 ss, one steer at £l3 12s 6d, two steers at £ll l" s 6d, five cows at ±8 lis Gd to £l4 7s 6d. seven heifers at £!> 10s to £l2 10s. one bullock at £22 105, and four heifers at £l2 15s to £l3 10e.

CHRISTCHURCH STOCK EXCHANGE. YESTERDAY'S TRANSACTIONS. Sales reported:--National Bank of X.Z , i'C 1:"*: Nit'.iciii! insurance, 7">s: Permanent Investment. i"3; X.Z. Refrig. ipaia •. ISs (two parcel:-.!: X.Z. Brewciics, 49=; Kawarau Gold, Cs Id. .Sa:"S on 'Change : --National Bank of N.Z., LATEST QUOTATIONS.

OTHER EXCHANGES. (press association telbokajcs.) AUCKLAND, October 6. Sales: —National Bank of N.Z. £6 13s; Auckland Gas 22s 2d; Union Steam Ship (pref.) 20s 3d; Wilson's Cement 34s Gd; Kawarau 6s (two sales). DUNEDIN, October 6. Sales —Kawarau 6s (six parcels), 6s Id (three), 6s 3d (fonr). 6s 6d, 6s 7d (two), Gs Bd, 6b 9d; "Otago Daily Times" 80s* Sales reported—Wilson's Cement 34s 6d. MINE RETURNS. (SPECIAL TO "THX PMSB.") .■REEFTON, October 6. The September returns of the Blackwater Mines, Ltd., are: Crushed—3624 tons, yielding 1440 fine ozs gold, valued at £6115. Working expenses, £4499; working profit, £2616; development, £199; cmitaJ, £513; profit over all, £904. The Wealth of Nations, Ltd., during September crushed 562 tons of ore for a return by amalgamation only of £941 3s or 33 5.91 d per ton. Contracts have been in for stoping the blocks on Nos. 11, 13, 6 and the intermediate levels, and a considerable increase is expected in the tonnage mined. -MEAT PRICES. ' The New Zealand Loan and Mercantile Agency Co., Ltd., have received a cablegram from London giving the undermentioned market information, under' date 2nd instant: New Zealand frozen meat—Lamb: Hid per lb (average). Mutton: Wether and maiden ewe, light BJd per lb, heavy 8d per lb; ewe, light 7id per lb, heavy 7d per lb. Market firm. REILLY'S (DUNEDIN) TELEGRAPHED MARKET REPORT. Lettuce 4s, 7s, 8s; asparagus 30s, 365; rhubarb 3s; cucumbers 18s; spring cabbage 8s 6d, 12s; cauliflowers 14s, 16s; violets 2s 6d. —6

, Buye rs. S«U«! ■■• N.Z. CiOVT. DEBENTUR ES- . d. £ •. d. 4j per cent. Inscribed, 10U3 OG 0 0 36 15 0 •ij per cent. Bond*, iy.it* •■ — 96 15 0 o per cent. Inscribed, 1927 07 10 0 9? 10 0 5 npr cent. Inscribed, . 'l'J-2} — 97 15 0 3 per cen;. Bond?, 10-27 . ~i'i ri?'- cent, inscribed. 0 1927-11 — 99 0 0 ]i>-' cent. Inscribed, 19;'.:« 101 0 0 5'. r»r cent. Bend.-, '.333 — 101 10 0 6 "or cent. Inscribed, ' 1031 M2 0 0 — COMPANY DEBENTUKESX.Z. Breweries. Bonds ] o 2 1 2 6 Booth, Macdonala, IP. per cent., 19:;2 70 -0 0 SO 0 0 Glaxo Gi per cent., 1315 87) 0 0 — BANKS— Australasia 14 0 0 Comm. of An?t. 1 12 3 — Coram, of Ausi. prci.i H 11 0 — Comm. oi Sydney 25 0 t) — E.S. and A. 7 10 0 — National of Australasia, <£5 paid) — S 11 0 National of N.Z. 6 13 0 6 13 6 Xc;v South Waies 42 3 0 Neiv Zealand 2 16 0 2 16 11 P. and 0. Bank — 10 5 0 Union of Aust. Hit 0 14 16 0 "Western Australian 2 12 3 2 13 6 INSURANCE— National 3 15 0 • 3 16 0 New Zealand 1 16 3 1 16 8 Queensland — 2 13 0 LOAN AND AGENCY— Dalsefy and Co. — 16 2 6 Goldsbrcugb, Mort 2 5 6 2 6 0 Goldsbrough, Mort (ncw) 2 4 8 — National Mortgage 3 15 0 — N.Z. Loan and Mercantile (oid. Stork! 00 0 0 94 0 0 N.Z. Jx>an and Mercantile (pref. Stock) 78 (3 0 — SHIPPING— Hnddart-Parker — 2 n 0 P. and 0. Deferred .. — 257 10 0 Union (nref.) 1 0 2 ■1 1 0 FROZEN MEAT— Canterbury 12 10 0 13 6 0 N.Z. Jtcfn<r. (paid) ... 0 17 r> 0 IS 2 N.Z Rcfripr. (contr.) .. 0 8 3 0 8 9 woollensKaiapoi (17s paid) 0 8 0 , — COALWestport 1 10 0 1 12 0 GAS— C'hrislchurch 7 11 3 7 12 G Napier (£10 paid) 10 17 6 — Timaru — 7 10 0 BREWERIES— t Crown 1 5 9 1 10 0 Manning. 1 12 6 1 14 9 New Zealand 2 8 3 2 10 0 Timaru .. 0 14 9 0 15. 3 7' 9 Ward 3 3 6 0 TIMBER— Kau ri 1 13 5 1 14 0 MISCELLANEOUS— Bcath and. Co. 1 10 6 1 13 0 Booth, Macdonald (ord.) — 0 100 Booth, Mncdonald (pref.; — 0 9 6 Burns, Philp — . 1 17 0 Electro. Zinc, (pref.) .. 1 12 0'' 1 12 6 Electro. Zinc, (deferred) 1 10 S> 1 11 .9 Mason, Struthera (£1 paid) — 1 3 0 Mason, Stnrthcrs (14s paid) d H 6 0 15 0 Maeon. Strutlifrs (10s paid) 0 10 6 0 11 0 N.Z. Farmers' Co-op. (£o paid) .. - .. — 2 3 0 N.Z. Farmers' Co-op. (First Pref. cum dir.) 3 10 0 3 15 0 "Weeks, Ltd. (£-2 10s pd.) 5 12 6 6 0 0 "Whitcombe and Tombs (ram div.) — 3 14 0 MINING— ICawarau '■—• 0 5 9 0 6 2 Mt. Lvell 1 2 ' 2 1 2 7 Waihi — 1 6 0 Grand Junction 0 2 0