COMMERCE AND MINING

New Zealand Times, Volume XLVII, Issue 10966, 30 July 1921, Page 11

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE. YESTERDAYS QUOTATIONS. Prices of investment and mining stocks yesterday were as follow: — Buyers. Seller?. X a. d. X s. tl.

Newton King (pref.) ... 0 17 0 fFx.div. *Cum div. Sale on ’Change:—Unfon Bank, XVZ 7 S 6d. SALES IN OTHER CENTRES. AUCKLAND, July 29. Sales on * Change: —New Zealand Insurance. 28s 9d; Talisman’, 6s Id. 6s 2d; Soldiers' Loan, £92 Is, *892 2* 6d. AUSTRALIAN PRODUCE. tfv Telegraph—P'rei* A —Gonyrifrht. MELBOURNE, July 29. Barley, English, 4s 7d to 4s 8d per bushel ;* Cape, 8s 8d to 3s 9d. .. Oats, 2a 81 to 2s 84d per bushel. Potatoes, X 3 10a to <£s per ton. Onions', JB3 to X3ss - per ton. THE HIDES MARKET. !By Telegraph—\ —Or-vrieht. MELBOURNE, July 29. The hides market is very firm, showing an advance of a halfpenny all round, except for kips. AUCKLAND, July 29. Sales. —Bank of New Zealand, 495; New Zealand Insurance. 28s 9d, 28s 6d; South British, 355; Auckland Gas (paid). 2ls 3d, (coart.) 17® fid; Talisman, fis Id, €s 2d. ' FOREIGN EXCHANGE RATES.

Australian and N.Z. Cable Association. (Received Julv 29, 5.5 p.m.) LONDON, July 28. Foreign exchange rate® on London are quoted:— Pari®. 46.44 francs to XI. Stockholm, 17.50 kroner. Christiania, 27.91 kroner. Copenhagen. 23.59 kroner. Berlin, 289 marks. Calcutta, 15fd to the rupee. Hongkong, 33£d to the dollar. Yokohama, 32$d to the dollar. Montreal, 4.02 dollars. New* York, 3.57 f dollars. METAL MARKETS. Australian and N.Z. Cable Association. (Received July 29, 10.20 p.m.) LONDON, July 28. Copper, on spot, £7O Ts 3d; forward delivery <£7o 8s 9d. ' Lead, £2& 12® 6d and £23.2s 6d. Spelter, J? 25 12s fid and J 826 7s fid. ’Tin. £159 7® 6d and £l6l 7s 6d. Silver*. 39£d per ounce standard. THE PRODUCE MARKET. LATEST HOME QUOTATIONS. Australian and N.Z. Cable Association. (Received Julv 29, 5.5 p f m.) LONDON, July 28. - With regard to butter holiday market prices are steady. Cheere is quiet. New Zealand, colour-! ed. 128 s to 130 s, white 132 s to 134® Australian, white 124 s to 1265, coloured 120 s to 1245/" The tendency is upwards as 'Canadsam is quoted at 136 sto 14Cte c.i.f. (equal to about 150 b here). t Wheat and flour are quiet and price® are unchanged. Oats, peas and beans are quiet and prices are firm. * Wheat freights are -hardening, owners, asking 70s. Sugar, granulated 59s 6d. For rabbit skins there is a better demand by furriers, especially for New Zealand skins. Prices are unchanged. Inferior' grades are dull at about 15 per cent, decline. New Zealand prime winter does ,95d to 105 d, and firsts. 70d to 75d. . BANK OF ENGLAND. LEADING ITEMS OF RETURN. (Received July 29, 5.5 p.m.) LONDON, July 28. The leading item® of the Bank of -ErigTnnd returns for the week ending July 27th afford following' corivgarisons ; This week Last

froporuon >t rfc*-.-.- ' - sat vc u* liabilL ties 15.22 p.c. 11*43 p.c. imperial govern MENT SECURI Following art latest quotation* for Imperial and Colonial Qorarnment aeourt ties 2-* - - This wk. .Last wk.

MONEY MARKET. Short loan® are quoted at 31 per cent., compared with 4 per cent, last week, and thrte months’ bills are at per cent., compared with 4$ per cent. CANTERBURY PRODUCE. LATEST QUOTATIONS. Per Press Association. > v CHRISTCHURCH, July 29. Business in the bulk of gram and produce lines has been ritnusually dull. This is more applicable to oats, but nevertheless there is a fairly confident feeling and prices show no retrogression. A grade Gartoii6 are quoted at 2s 9 1 and B grade at 2s Bd. There is very little offering, but there is a general opinion that the maintenance of the best values is entirely dependent on the export trade. The chaff market i> lifeless with nominal quotations about .£3 per ton. Potatoes have readied a stage when growers who have not yet dug are ennsidcriug whether/ it is* worth while.

Sale- La'o ;tr!'Mi';; J■?■ .1 at 3 hnl ifi,,'. 1 /',!<• ‘ V i: i' Klij i.jM-.i ’.m hi tin- « - • ... ’ ;-iL.eas for •‘xp.at h:-> ouivlom-.!. A few lin-.ccd have -orved to bump the market. h*.: wi.en 1 hese art* met there i- a. ;>*-!• .«n.i the market ha> fl a -t-ta: cu r*-ia..; - K.*b:y during the past two mouth;?. THE PRODUCE MARKETS LAERY AND CO/S REPORT. Messrs Laory and Co.. Ltd.. Willing* ton. report wholesale price? as follow Crushed barley. 5s fia per hu-hei. «saelc» , in; Chevalier, 5s 6d per bushel, Mcks ;n Partridge peas. 7< tkl per bushel, -r>i: — . ill: j.oas. Prus-j.tn blue. 7s fid r>«r bushel, sacks in; peas, feed, 6s busliel, sacks in; crushed peas 7s 6d per bushel, slicks in; oats. Algerian seed. Is 4d per bushel. sacks m; cau.. Duns choice. 4s 7d pet bushel. s«eks in; oats. Weeioats. for poultry feed. 5s bushel, sack» in: ghelled oat-, for chickens. 6s per bush©!, in feed Gartons, 4s 4d bushei. sack* i: .

Gartons A grade 4s 6d per buehei. Racks in; crushed oats, 4s Sd per bushel ; Farro food, ton lots. 5s per ton ricemeal, 5s p6r ton; chaff, oaten sheaf. Blenheim juimo. ton lots, AT 15s Tier ton, sacks in free on trucks Wellington; liuv. <! rye. :> c ton. fowls, hens 7s fid to 20s per pair; heavy roosters, to 10s pair; duck.». 11s to 14s pair; geese, 13s to 15s pair; turkeys. Is 4d •to Is 7d per lb; egg-. tVesh, 2s Id to 2s 2d per dozen; shell grit, choice quality, 1001 b bags. 6s fid per bag; onions, Victorian Brown choice HlO ton; fowl wheat, ten sack lot*, whole 9s Id per bushel, lesser quantities 9} 3d per bushel. sack* Is bd; meat meal. for poultry feed, 29s per 1001 b bag; call; meal, -£l* per ton; peamoal. ton lots. -k!2 19a per. ton, sacks in; mutton birds. Tasmanian, in casks sfl each; .\p\v Zealand, in kits cooked Is, salted Hid; barley nieal, ion lot-. All per ton, sacks in; mangolds, quotations upon ap» plication; mixed fowl feed. 7s per bushel. vacks in; poultry mash, 5s ]K>r toi.; linseed oil nieal. ton lots J£l4 per ton. loser quantities. Its fid per KWUh bags. potatoes, Ganterbury-grown. table ton lots. Whites Red Dakota - Xo 15s V|jer ton, sacks in; seed potatoes. Gamekeepers X 6 We. ArTan Chief X~ ss, Early Puritans i-S K»s. Dakotas Maori Chief £7, Sctdias X7 m WELLIN GTON CUSTOMS. The Customs revenue received at Wel* liugton yesterday totalled J£2740 ISs 4d.

Minin*?— YVaihi Grand Junction 0 9 3 0 10 0 War Loans — Inscribed Stock \1939) S3 0 0 S3 10 <• inscribed Stock (1938) S3 0 i) S3 10 «> Inscribed Stock (1933) — 92 0 0 War Bonds (1939) 83 0 0 — War Bonds (1938) S3 0 0 — War Bonds (1930) 8'/ 10 0 '89 10 0 Investments — *■ - ' National Bank — to 16 0 Bank of New Zealand 2 8 3 2 8 9 Union Bank +12 ° 0 — Uoldsborough Mort ... 1 9 9 — fcjqui table 6 15 0 — Wellington Gas (ord.) — 9 7 G National Insurance ... 2 18 0 — N'.Z. Insurance 1 -8 0 — N.Z. Itefrig. (10s pd) . **0 17 3 Huddart Parker (ord.) . 2 6 0 2 7 •o Westport Coal 1 6 6 1 7 0 Miscellaneous—

£ i* 136,558.000 126,557,000 18,537,000 19,100,000 Note circulation.. 128,383,000 127,718,000 Govt, deposits 15,374,000 16,336,000 Other deposits .. 106,486,000 149,286,000 Govt, securities .. 43,188,000 82.718,000 Other securities •. 78,001^)00 ” 82,275,000

<1 d 21 p.c. Imp. ' Console 48 12 6 48 5 0 5 P.c. War Loan 88 2 6 88 5 0 3-1 p.c. War Loan 87.17 6 87 17 6 54 id.c. A us. Comm. ... 95 10 0 95 O 0 5i p.c. Ana. Comm. ... 98 10 0 98 5 0 3 ,p.cl X.S.W. (1930-50) 63 12 6 63 10 0 4, p.c. N.S.W. (1935) ... 76 12 6 76 10 0 34 p.c. N.S.W. (1930-501 .67 15 0 6^ 10 0 54 p.c. N.S.W. (1920-32) 96 0 0 96 10 0 61 p.c. N.S.W. (1930-40) 101 15 0 100 4 6 34 p.c. Vic. (1921-6) ... 87 10 0 86 15 0 34 p.c. Vic. (1924-49) ... 64, 0 if 63 7 6 3 p.c. Vic. (1920-49) ... 56 15 o ob 2 6 34 p.c. S. Aus. (1939) ... 68 0 0 68 0 0 3 p.c. Aus. (op.) 52 2 6 52 0 0 4 p.c. Q’nl’md (1922-47) 90 5 0 89 15 0 34 P-C. Q’nl’nd (1922-47) 89 0 0 88 5 0 3 p.c. Q'nl’nd (1922-47) 56 5 0 56 O 0 4 ip.c. N.Z. (1920) 85 10 0 85 w 0 34 p.c. N.Z. (1920-40) ... 69 12 6 69 5 0 3 p.c. N.Z. (1920) 60 5 0 60 0 0 34i>.c. W. Aus. (1915-35) 72 O 0 72 0 0 3 p.c. W. Aus. (1915-35) 68 5 0 68 0 0 3 p-c. Tas. (1920-40) ... 63 0 0 63 n 0 34 p.c. Tas. (1920-40) ... 69 0 0 68 10 0