COMMERCE AND MINING

New Zealand Times, Volume XLIX, Issue 11225, 2 June 1922, Page 10

COMMERCE AND MINING

THE STOCK EXGHANCE MARKET MODERATELY BRISK. Ooiulitions on the Wellington Stock Exohaugo at yesterday’s call levelled a moderately brisk market with a rising tendency generally. For Inscribed Stock (1939} >tdlers have reduced their demands to £94, or a reduction of 6s on previous day's tall. *3Bs have made a similar drop, whilst '33*s remain unchanged. In tlio bunk transactions Nationals coutinue to rise, buyers being quoted at the afternoon call at D 5 ISs 6a and rights at 19s 6d. Of thfe latter, sellers were IL-tevl at Jll and drew a sale on 'Change at .£*l, and a sale reported at the same figure. New Zealands show an increase for buyers and a slight reduction for sellers. Unions also display an upward tendency. Under the insurance section the National Mortgage (local) show a 3s increase on the buyers* side. No other changes were recorded. WELLINGTON EXCHANGE. THURSDAY'S QUOTATIONS. (3.15 p.m. Call.)

(rights), £i. Sale reported.—Notional Bank (rights), £l. SALES IN OTHER CENTRES. FES PRESS ASSOCIATION. AUCKLAND, June 1. Sales: —War Loan (1938), £94; New Zealand Inscribed Stock (1938), .£94; Union Bank, .£l2 12s; Huddart-Parker, ' 48s; Auckland Trams, 18s. CHRISTCHURCH, Jane 1. Sales reported.—Huddart-Parker, £2 8s 3d; New Zealand Sugar of Milk, £1 7s 6d Sales reported : —Canterbury Fro sen Meat, £l3 IPs; National Bank (rights), £1 (two parcels). DECLINE IN TALLOW. Australian and N.Z. Cable Association (Received June 1, B.IS p.m.) LONDON, May 31. At the tallow sales 2092 casks were offered and 783 sold at sixpence to one .htllfng decline. Mutton, fine, 40s; medium, 355; Beef, fine, 40e; medium, 34s 9d. WHEAT MARKET DULL. Australian and N.Z. Cabla .Association. (Received Jane 1, 9-5 p.m.) LONDON. May 31. Wheat is dull, with a further decline of sixpence. AUSTRALIAN PRODUCE. By Telegraph.—Press As®).—Copyright. (Received June 1. 10.30 p.m.) SYDNEY, June 1. Oats, Tasmanian Algerian 4s Id. white 4s 3d Maize, yellow 5s 3d, white ss. Potatoes, Tasmanian £7. Onions, Victorian. £B. ADELAIDE, June 1. Oats, 3s to 3s Id. CUSTOMS REVENUE. The Customs revenue collected at Wellington yesterday totalled £6405 3s 3d. ,

Buyers. Sellers X s. d. J£ B. <1. Mining— Blackwater 0 3 6 ■*— Inscribed Stock (19391 — 94 0 0 inscribed 5?tock (11/38) — 94 0 0 luocribtHl Stock U933) ■—* 98 0 0 F.O. Bonds (1927) M 5 0 — Bonks— National 5 18 6 ' National to 18 6 — . National (rights) 0 19 6 1 0 0 New Zealand 2 11 3 2 12 0 Union 12 11 0 12 12 6 Financial— Goldsbrough Mort ... 1 17 6 1 19 0 National Mortgage (local) t3 6 0 — National Mortgage (London) — 3 12 e N.Z. Loan and Mercantile (ord.) — 73 0 0 Wn. Trust Loan 5 5 0 — Gas — Wellington (ord.) 8 10 0 — Insurance— National 3 2 6 — Meat Freezing— N.Z. Refrigerating (10s) 0 M 0 0 14 « Transport— Huddart-Parkor (ord.) 2 7 6 — Coal — iVaipa 0 14 » — Miscellaneous—Dental and Medical Supply — 1 S 0 Wairarapa Farmers' (Jib) 4 15 0 — Wairarapa Farmers* ipref.) 0 16 0 — Tt ilson’s Cement to 17 6 — tCnm dir. Sale on 'Change.—National Bank