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COMMERCIAL

CHICAGO WHEAT. (Australian and N.Z. Cable NEW YORK, January 13. Chicago wheat: March 129 g, May 1301, July 1263 cents per bushel. BUTTER AND CHEESE Copy of cablegram received by Dalgety and Company Limited, from their London Office, dated January 13: Butter—Market steady at present prices. Danish 172/- to 174/ (182/- to 184/-); N. Z. Finest Salted 154/- to 158/- (160/- to 164/-); Australian Finest Salted 150/- to 154/-, (156/- to 160/-); unsalted 156/- to 158/- (164/to 166/-); G. A. Q. 144/- to 148/- (150/to 154/-). Cheese —Market quiet. N.Z. White 89/- to 91/- (92/- to 94/-) N.Z. coloured 89/- to 90/- (92/- to 94/-); Canadian spot white and coloured 96/to 102/- (100/- to 102/-). Butter imports into the United Kingdom last month totalled 445,000 cwts., as compared with 450,000 cwts. for the corresponding period last year. LONDON, January 13. Cheese: Quiet, New Zealand 90/- to 91/-. Australian 88/-. LONDON WOOL SALES. Messrs Dalgety and Company, Limited, report having received the following cablegram from their London House, under date of January 9. —List of arrivals for the next wool sales opening on January 17, will be closed 4 p.m. Thursday, January 12. Closing date has been postponed owing to small arrivals. Quantities available will be cabled later. MOLLOY’S CREEK SAWMILL

At a special meeting of the Molloy’s Creek Sawmill Company Ltd. held on December 20, 1927, the following resolution was passed:—That the Company be wound up voluntarily, and that James R. Leitch of Greymouth, accountant, be, and he is hereby appointed liquidator for the purpose of such winding up. STOCKS AND SHARES. AUCKLAND, January 14. Sales, on ’Change, Commercial Bank 29/3. Reported: Auckland Gas 23/5, Loan and Mercantile £92/10/-, pref. £B2/10/-. (Notes by “Insider.”) Since the Exchanges opened for the New Year, prices have hardened in a few instances, generally the market is firm,' sellers are not disposed to reduce prices. In the stocks and bonds section, prices are on a par with those ruling before the holidays. Bank of New Zealands are firm with sales at 59/3, 59/4, Union Banks have risen from buyers at £l4/7/6 to £l4/12/6 with sellers asking £l4/14/-. A dividend of 7/6 per share is payable next month. Bank of New South Wales have had sales locally at £46/2/6, and more could be placed at the same money. Commercial of Australia were sold at 29/5 (cum. rights). New Zealand Insurance have advanced to buyers 40/9, sellers asking 42/-. The balance sheet of the New Zealand Refrigerating Company will be issued to shareholders next week. It shows a profit to shareholders of £60,545.

CHCH, STOCK EXCHANGE QUOTATIONS.

Buyers. Sellers. DEBENTURES- £ s. d. £ 8. d. 4J p.c. Inscr., 1938 . ... 97 0 0 97 0 6 41 p.c. Inscr., 1939 97 0 0 97 o G 41 p.c. Bonds 97 0 0 97 0 6 5 p.c., 1927 99 10 0 100 0 0 5J p.c. Inscr., 1927-41 98 10 0 54 p.c. Inscr., 1928 101 0 0 101 5 0 Hi p.c. Bonds, 1933 ... 101 5 0 101 10 0 5J p.c. Inscr., 1936 101 5 0 101 10 0 5J p.c. Bonds, 1933 101 5 0 101 10 0 5? p.c. Ohch. Gas. 1934 100 10 0 63 p.c. Chch. Hospital 99 0 0 99 10 7i p.c. Gisborne Sheepfnrmers 1931 85 0 0 89 0 (I N.Z. Breweries 1 3 0 1 J 6 BANKSAdelaide 8 13 0 8 16 0 Ans. Bank of Commerce 1 12 11 1 13 6 Australasia 14 15 0 14 17 6 Comm, of Australia 1 9 4 1 9 6 do. (pref.) () 19 0 7 1 0 Comm, of Sydney 26 15 0 27 >. 0 E.S. and A 7 11 0 y 12 6 National of Australasia 8 9 6 8 12 G New South Wales 46 0 6 46 0 New Zealand 19 4 0 19 6 Union of Australia 14 12 0 14 14 0 Western Australia 2 19 3 3 0 0 Bank N.Z. Mortgage ... 16 9 do. (fully paid) ... 1 6 0 1 6 National of N.Z. 6 15 6 6 18 0 INSURANCE— National of N.Z 15 5 ' 15 6 New Zealand 2 0 9 0 0 0 South British 16 9 18 0 Standard 3 1 6 3 fed 9 Queensland 2 15 3 2 16 6 LOAN AND AGENCY— Dalgety and Co 13 3 G 13 1; 0 National Mortgage 3 10 6 3 13 0 Goldsborough Morts ... 0 6 9 u 7 ( N.Z. Loan and M. Co. .. 94 0 9J 0 0 SHIPPING— Howard Smith 1 8 3 1 8 9 Huddart Parker J 9 3 *4 10 0 Union (54 p.c. Cum Pref.) 1 0 0 1 0 6 P. and 0. Stock 263 0 0 273 0 0 FROZEN MEAT— Canterbury 8 5 0 8 10 0 N.Z. Refrigerating 8 6 8 I do. 20s paid 16 6 17 WOOLLENSKaiapoi (pref.) 8 3 8 11 COAL— Westport 1 11 3 1 12 Westport-Stockton 6 3 GAS— Christchurch 1 4 6 1 4 8 Timaru 1 6 1 3 Ashburton 0 10 0 5 17 G Wellington 1 1 7 G Auckland 1 •J 7 1 BREWERIES— Crown 13 0 13 11 Manning 19 9 1 0 0 New Zealand *4 0 -j 4 Ward — 1 1G Staples 1 19 3 1 19 Monteith 19 9 1 I Tooths - G 0 - 3 CEMENTS— Wilson’s 1 17 6 1 18 0 TIMBER— Kauri 1 J 6 1 4 0 MISCELLANEOUSBeath and Co. ... 1 12 4 1 12 9 British Tobacco ... 1 19 4 1 19 Burns, Philp 1 18 0 18 0 Colonial Sugar ... 54 12 G ,j4 1» Dunlop Rubber 1 5 8 1 G Elect. Zinc Pref. 1 11 8 12 6 Holdens 1 11 13 N.Z. Drug Co. 9 3 10 0 N.Z. Harmers’ Co-op. < y 10 0 79 0 0 N.Z. Sugar of Milk 1 G 1 10 0 Whiteombe and Tomb 3 6 10 Dom. Home Bldgs. 1 G G D.I.C. (pref.) 1 3 0 1 3 D.l.C. (ord.) 19 1 0 I) N.Z. Guarantee Corp. 10 9 4 Quill Morris 1 1 0 1 ** G Crystal Palace ... 17 0 Auckland Amusement 1G 0 17 0 MINING— Mt. Lyell 1 8 G 1 9 (> Waihi 11 3 11 Blackwater ... . •• Alexanders (fully paid) 15 0

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GEST19280114.2.52

Bibliographic details

Greymouth Evening Star, 14 January 1928, Page 8

Word Count
1,050

COMMERCIAL Greymouth Evening Star, 14 January 1928, Page 8

COMMERCIAL Greymouth Evening Star, 14 January 1928, Page 8