FINANCE AND COMMERCE.

Press, Volume LXI, Issue 18546, 23 November 1925, Page 10

FINANCE AND COMMERCE.

A NEW FORD. Motorists will be interested, in a notification displayed elsewhere in this issue regarding the arrival in the Dominion of the latest type of Ford five-seater. The body or" this model is of all steel construction, and is designed much lower and longer than previous models. Other noteworthy improvements include Nickelled Radiator, longer, more attractive fenders, and larger steering wheel, while the petrol tank is conveniently placed under the cowl and may be filled from the outside. The seats of the new Ford five-seater are set further back and lowered to permit of easy relaxation—a welcome comfort feature. Thare is no intention of raising the current price for the new model. As indicative of the remarkable demand for this latest Ford model, an overseas message states that 100,000 orders for these vehicles were taken in the 24 hours following the initial advertisement concerning them. FROZEN MEAT. Tho New Wand Meat Producers' Board has been advised by its London manager that the supply of meat and like produce to the London Central Markets during the nine months ended September aggregated • 340,308 tons, aa against 357,116 tons same period last year—a decrease of 16,608 tons or .4.7 per cent. Imported supplies, apart from prcduce originating in Ireland, formed 81.8 per cent, of the total quantity of produce marketed. British and Irish supplies aggregated 61,866 tons, or 18.2 per cent, of the total supply—New Zealand and Austraba 68.M8 tons or 20.0 per cent.—Netherlands and other foreign countries 49,661 tons or .14.6 por cent.—Argentina (including Uruguay) 160,683 tons or 47.2 per cent. The Board has received the following cable from London, dated November 20th, ' advising Smithfield delivered prices at that date as follows:—New Zealand wethers and maidens: Cariterbury quality, selected brands. 56-urider 7sd per lb, 57-64 7Jd, F5-72 7Jd: ether brands. 56-under 7Jd, 57-64 7Jd, 65-72 7Jd. ... New Zealand ewes: 64-under 5Jd. New Zealand lamb— Canterbury quality: 36-nnder lljd, 87-42 9|d, 43-50 9d; second* ■lOid. Selected brands, 36-under 11 Jd, 37-42 9id. Other brands, Ist quality, 42-under 9Jd: second lOd. ,N«w Zealand beef:, Ox fores 4jd, ox hinds sd. Argentine' chilled beef: Ox fores sjd ox hinds 7id. POULTRY AND EGGS. The Canterbury Co-op. Poultry, Producers, Ltd ,th'at; fairly large entries''of poultry:; came"-forward for the market this -week, but'its' the supply was not equal to the demand, prices ajemained firm at late rates. Following ere prices per pair:—Table chickens 9sf to 15s 6d, hens 6s to lis, ducklings 9s to ■ 16s 6d, ducks 8s 6d to' lis, gee?e 8s to 9a, and turkeys 180 to 455. The market was well supplied with eggs throughout the week, but the demand was frnod und there was no alteration in prices Th<) Canterbury Co-op. Poultry Producers, Ltd... cuote the following prices per dozen: — Fiist grade hen eggs 1b 7d, second grade hen eggs Is 6d, and duck eggs Is 6d. NEWFOUNDLAND LOAN. s (Received November 22nd, 5.5 p.m.) LONDON, November 20. The Newfoundland loan has been underwritten- for- £631,000. at 5 per cent., the bonds' maturing in 1949. the issue price is £\OQ 6s. ' ' PROPERTY SALES. Mtssrs Jones, McCrostie Co., Ltd., sold hv putibo auction, on ''Saturday, on account of Mr Miller, the property situate No stieet, Sydenham, just ovei Carajja* etiew compne.rag residence of 5 1 rooms, together with about an eighth-acre of ■ client, for £4OO. RABBIT SKIN SALES. (Received November 22nd, 5.5 p.m.)' LONDON; November 21. At the rabbit skin sales, 3472 "bales were offered and 2660 sold: There was a good .market, with an improving tendency. Furriers' sorts, b*st, were 5 per cent, above "September rates and medium 5 per cent, cheaper; batters were 10-to 15 per cent, cheeper. . . . WHEAT. " , (Received Ndvember 22nd, 11.5 p.m.) .> • NEW YORK, November 21. ■' Chicago wheat quotations are:—Deeember, new 160* cents per buahel, old 159?,; May, new 158 i, old 156 J.

CHRISTCHURCH STOCK EXCHANGE. SATURDAY'S TRANSACTIONS. Sales on. 'Change—N.Z. B-rewericß, 58s 2d; Staples Brewery, 44s Id (2 parcels), 44s (2 parcels). LATEST QUOTATIONS.

Buyers. Sellers. £ s. d. £ s. d. N.Z. GOVT. DEBENTURES- ' H per cent. Bonds, 1930 — 96 10 0 i> 3 per cent. Bonds, 1938 and 1939 — 96 10 COMPANY. DEBENTURES— N.Z. Breweries, Inscr. 1 4 0 15 0 N.Z. Breweries. Bonds — 1 5 BANKS— Australasia 13 19 0 — E.S. and A. (cum div.) 7 12 6 7 15 0 .National of N.Z. 6 14 0 — New Zealand 2 17 0 2 17 P. and 0. Bank — 9 12 6 Royal (£1 paid) —. 1 16 Union of Aust. — 15 0 0 INSURANCE— New Zealand ■• 1 16 6 — LOAN AND AGENCY— Goldsb'rough, Mort 2 6 9 — Goldsbrough, Mort <new) ... 2 5 6 2 6 National Mortgage 3 16 0 — National Mortg&go, London Register and Delivery - • — 3 17 N.Z. and River Plate — 12 3 SHIPPING-Huddart-Panker 2 3 6 2 4 6 Union (:>ref.) — 110 FROZEN MEAT— Canterbury 11 2 6 — Gear — 1 19 ,N.Z. Refri?. (10s pd.) 0 8 0 0 8 North Canterburv — 2 0 WOOLLENS— Kaiapoi (ITs rid.) .. C i 8 4 — ,, COAL— Westport (ex div.) — 1 13 Stockton (ord.) 0 18 0 2 6 Stockton (pref.) 0 3 0 0 4 GASChrisichurch — 7 11 . Timaru .. •• — 7 10 BREWERIES— Manning' — 3 19 New Zealand ».. 2 18 1 2 18 StapUs 2 3 9. 2 4 Timaru 0 16 3 — Ward — '- 3 19 CEMENTS— Wilson's (cum div.) 1 14' 6 1 14 • MISCELLANEOUS— Beath'and Co. 1 13 0 1 12 9 Be&th, Schiess 0 10. 6 : — . British Tobacco 2 3 0 — Electro. Zinc (pref.) .. 113 3 1 13 E>ctro. Zinc (def.) .. 1 11 6 — Merc. linance Corpn. (£1 r-aid) .. 0 17 0 — Merc. Finance Corpn. (5b paid) .. — 0 4 6 N.Z. Farmers' Co-op. (£3 ; ptid) — • , 2 ,2 N.Z. Fanners' ■ Co-op. . £' (1st pref. com div.) — 3 15 0 N.Z. Farmers' Co-op. (6i per cent. Stock, 1930) 85 0 0 — N.Z. Guarantee Corpn. 0 9 10 — N.Z. Milk Products 1 11 3 — N.Z. StHrar of Milk .. 1 3 0- . 1 7 T*ranaki Oil (cum rights) 12 0 14 0 Whiteombe and Tombs 3 8 9 3 9 6 MINING— Blacks Gold ~ 0 5 prem. Kawarau 0 7 0 0 9 Mt. T.v,U ( C um div.) 14 9 15 3 St. Bathaas 0 10 0 prem. Grand Junction 0 0 9 FRENCH EXCHANGE. (»T CAMJS—PBJSS8 ASSOCIATION—COPTMGBT.) (AUSTRALIAN AMD N.Z. CABLB ASSOCIATION.) (Received November 22nd, 5.5 p.m.). LONDON , November 21. French exchange is quoted at. 124J francs to £1. LONDON MARKEm /Bwieived November 22nd, 8.5 p.m.) '■ /LONDON, ■"-•- - November . 21. Cotton—December. shipment, 10.26d per lb. Rubber—Para 48d, plantation smoked 54 Jd per lb. Jute—November-December shipment, £61 per ton. Hemp— November-January shipment, £39 10s per ton.' Copra— Octohfcr-November shipment, £29 2d 6d. Linseed Oil—£37 10s per ton. " Turpentine—75b '6d per c wt. * Frozen Meat—Canterbury mutton, all 7$; North Islands, ! 7id; New r Zealand ewes, old; Australian, firsts 6id, aecon< is Sid; Argentine, light-Bid; medium 5Jd, heavy 5Jd; lambs, Canterbury, light llgd, medium 9$d, heaw 9d, seconds lOJd; other selecteds, light Hid, medium 9id; North Island, firsts 9|d, seconds lOd; Australian, firsts, Victorian, lOd, others 8jd, seconds, Victorian, 9|d, others 9Jd, thirds 9id; Ai rgentine, first*, light lOJd, medium 9d, seconds 9Jd. Frozen Beef—New Zealand fores 4Jd per lb, Australian, crops 4fd, hindiMJd, , chilled Argentine, fores Sfd, hinds 7Jd; others unchanged. .