COMMERCE AND MINING

New Zealand Times, Volume XLIX, Issue 11247, 27 June 1922, Page 12

COMMERCE AND MINING

THE STOCK EXCHANGE MARKET EXTREMELY OUIET. NO SALES REPORTED. Yesterday's call on ’Change showed no ; improvement in the market. Inscribed' Stock maturing in 1933 was in demand at je97 13s and War Honda (1933) were at the same figure. Seilers were perparetl | to take for Inscribed Stock (1938), j and for War Bonds (1938). _ Inscribed J Stock maturing in 1933 remained at -998. Sellers were willing to take .913 for Unions. No sales were reported. WELLINGTON EXCHANGE. MONDAY'S QUOTATIONS. (3.15 p.m. Call.) Buyers Sellers. X s. d. £ s. d.

LONDON PRODUCE MARKETS BUTTER. CHEESE, AND MEAT. The Biank of New Zealand, produce department, has received the following advice from its London office, under date 23rd in-st.:— Butter —Market exceptionally bare of stocks; 230 s per cwt. Cheese—Firm. Coloured, 98s to 102 s per cwt; white, 100 sto 102 s per cwt. Frozen meat —Mutton market dull, with ' downward tendency. Lamb market firm; moderate business bas been done. There is a little better demand for beef:— Wethers, light 6id to 7sd per lb, heavy " bid to Old Der lb; ewes, 5d to 6d per ab; lambs, 10|d to Hid per lb, seconds lOid to lo§d per lb; ox, hinds 3id to 4sd per lb, fores 3fd to 3d per lb; cow, hinds 3d to 3|d per lb, fores 2id to 2sd per lb. WHOLESALE PRODUCE PRICES. i ________ Laery and Co- Ltd., Wellington, report wholesale prices as follow : —Onions, Victorian Brown Spanish 14s per cwt; potatoes, Canterbury table, ton lots, Red Dakotas, 10s per ton, sacks in; barley meal -89 15s per ton; peameal .810 5s oer ton; Farro food, A 3 ton: wheat meal, for stock feed, JBIO 10* per ton; pig meal, w£B ton; maize meal, 6s 10d per bushel; linseed meal (Moose brand), for calves, winter milk dairy cows, and pigs, 14, per 1001 b; linseed nuts (Moose brand), 13s 6d por 1001 b; meat meal, for Twni'ry. 19s 6d per 1001 b; shell grit, m 1001 b bags, 6s 6d per bag; fowl wheat, choice whole five-sack lots or over, 5s 9d, lesser quantities 6s per bushel, sacks Is 2d; barley. Cape, 3s 7d bushel, sacks in; oats, machine-dressed, seed Algerians 4s lOd, crushed oats 4s, choice Duns 4s 4d, feed Duns 3s 4d to 3s sd, B Gartona 4s, feed Gartons 3s 5d to 3s Bd, sparrowbills, 3s 9d per bushel, sacks in; mixed fowl feed, 5 sack lots or over, 4s 10d per bushel, lesser quantities 5s per bushel, sacks in; peas, feed 6s, partridge peas, 9s 9d, bine peas 8s 9d per bushel, sacks in; maize, whole 6s 2d, crushed fis 7d pot bushel, sacks in; mutton birds, Tas. manian, in casks, 6d eacb. New Zealand, in kits, salted, 9d each; butter, farmers’ separator and dairy. Is 4d per lb; eggs, fresh 2s 5d to 2s 6d per dozen, oreserved 1? 8d to Is 9d per dozen; fowls, hen's 5s to 6s 6d per pair; heavy roosters 5s 6d to 7s 6d pair; ducks, runners 12s to 14s per pair, white varieties 13s to 15s; geese, 12s pair; turkeys, lOd to lid per lb; hay, lucerne £l, meadow .£4 10s per ton, ex store; baled straw, A 3 las per ton; rock salt), 7s per cwt; molassee, in 5 cwt casks, 42s 6d per cask; chaff, good bright, ton lots, .86 17s 6d ton, sacks in; mangolds, for stock feed, quotations upon application; dressed pork. 60’s to 90’s. 6M to 7d per lb, suckers 7d per lb; fungus. Is 2di to Is 3d per lb; basic slag. JB7 5s ton; seed potatoes, Canterbury, Sutton’s Supreme JBIO 10s, Early Rose 389 10s, Arran Chief, Gamekeepers .87 10s, Red Russets A 6 ICS; Up-to-dates TSS 10s per ton, sacks in. SALE AT RAETIHI. Abraham and Williams, Ltd- report at the Raetihi sale on the 23rd inst. a yarding of 1100 mixed sheep and 20 head of mixed cattle. There were a few outside buyers, and we sold the whole of our yarding at the following prices:— Two-tooth wethers to 235, mixed age owes in lamb 18s, 18s 6d, 19s 2d to 19s 7d; mixed sex lambs, 12s, 12s 6d, 15s 7d to 16s 6d; cnll do., 5s to 9s 6d; cull ewes, to 10s 10d; springing heifers, .£3 10s, £i to J!5 2s 6d; weaners, 20s to 31s. WELLINGTON CUSTOMS. The Customs revenue received at Wellington yesterday totalled .£2719 3s 4d. The New Zealand Farmers’ Dairy Union has advanced Is 5d for the May supply of butter-fat, while up to the end of May over 600 tons of butter have been manufactured.

MiningBlackwater Minos ...... 0 4 2 __ Waihi 1 6 0 — Inscribed Stock (193Si — 94 0 0 Inscribed Stock 119-33) 9i lo 0 98 0 0 War Bonds tl93S) — 94 0 0 War Bond. (1933) 97 15 0 *■“ 13 0 0 financial — Equitable Building Co. N.Z. Loan and Merean7 0 0 “ tile (ord.) N.Z. Loan and Merean 73 0 0 79 0 70 0 tile vpvef.) — 0 N.Z. arid B. Plate 0 18 6 — Wn. Invest. T. and A. 0 9 0 —■* Gas— Auckland (paid) 1 2 0 _ Christchurch 6 12 6 6 15 0 Wellington (ord.) Wellington Debenture 8 16 0 Stock 104 0 0 Meat Freezing— N.Z. Refrigerating (.£1) 1 6 3 — Transport— Huddart-Parker (pref.) 0 IS 9 — Union Steam (pref.) ... 0 18 9 — Coal— Westport 1 9 9 — Waipa 0 lo 3 Timber— Leylaud-O'Brien Miscellaneous— 1 13 0 Manning and Co 3 2 6 — Wairarapa Farmers* 0 16 6 Ward and Co 1 3 0 — Wilson's Cement 0 16 9 SALES IN OTHER CENTRES TEB PRESS ASSOCIATION. AUCKLAND June 26: Sales on 'Change: —Waihi, i 76 3d; Wt Loan (1938), £93 15s. Reported sale: —Soldiers Loan, *97 Taupiri Coal, 16a 3 i ; Waihi 27s 3d (three parcels). CHRISTCHURCH, June 26. Sales reported:—National Bank (new iaane). 14s; Royal Bank of Australia, ,£1 (£1 10s 6d paid K DUNEDIN Juno 26. Sale on 'Change.—Waihi, 2 7s. Sale reported.—National 3ank (new Issue), £5 156. AUCKLAND QUOTATIONS PER PRESS ASSOCIATION. AUCKLAND June 26. Buyers. Seliere. A 6 d. A 8. d Banks— Australasia 12 15 0 5 16 0 6 1 0 National (new issue)... 5 12 0 5 19 0 34 0 0 — New Zealand 2 11 3 2 12 u U nion ~ 12 16 6 13 0 u Insurance— 3 7 0 New Zealand 1 8 9 South British 1 19 6 1 17 9 Standard 1 11 0 — M isoel laneoua— River Plate 0 19 0 1 0 0 Commercial — Loan and Mercantile... Loan and Mercantile 73 0 0 - 62 0 0 — Taupiri Coal 0 16 0 6 Taupiri Coal (pref.) ... — 1 4 0 Waipa Coal 0 15 0 — 1 9 9 1 2 3 Auckland Gas (cont.) 0 18 0 0 19 0 Gisborne Gas 0 10 0 — 0 11 0 Huddart-Parker 2 6 0 2 8 0 Union Steam (pref.) ... 0 Id 7 0 19 6 Kauri Timber 1 6 3 — Leyland-G’Brien 1 11 9 — Parker and Lamb — 1 3 6 Parker and Lamb 1 1 6 1 3 6 Wellington Woollen ... Wellington Woollen 9 0 0 9 10 0 (pref.) 9 0 0 — Auckland Trams Auckland Trams 0 17 6 — (pref.) 0 18 0 0 18 9 Sugar (Australia) 32 0 0 — Newton King (pref.) ... — 0 17 6 .Paper Mills 1 1 3 — N.Z. Refrigerating ... N.Z. Refrigerating 1 6 0 (cent.) 0 13 10 0 14 6 Parenga Oils — 0 8 0 Parenga Kauri Oil (cont.) Wilson's Camient 0 1 0 0 3 0 0 16 10 0 16 11 Mining— Hauraki Mines 0 5 0 Muir’s Gold Reefs ... 1 10 0 1 19 0 1 7 o Grand Junction 0 7 9 0 7 11 War leans— 1938 93 12 6 91 0 0 1339 93 12 6 94 0 0 8oIdiers’ Bonds 97 10 0 — N.Z. Inscribed Stock1927 94 10 0 1938 93 10 0 1939 93 10 0 — Soldier's Inso. Stock... 97 10 0 98 0 0 DUNEDIN SHARE MARKET PEB PRESS ASSOCIATION. DUNEDIN , June 26. Dunedin Stock Exchange quotations are Buyers. Sellers. A a. d. £ 9. d. Mining— i r. 1 7 9 Grand Junction 0 7 10 Mount Lyell 0 17 0 0 17 6 Banks— Australasia 12 16 0 _ National 5 15 0 — National (new issue) ... 5 14 0 — New Zealand 2 10 9 — Union 12 12 6 13 0 0 Insurancen— 3 1 9 9 South British 1 17 3 Standard 1 10 6 — Miscellaneous— P. and O. (def.) 327 0 0 Union Steam (pref.) ... 0 10 0 — Huddart-Parker (ord.) 2 6 6 2 8 0 Huddart-Parker (pref.) 0 19 0 ■Westport Coal Westport - Stockton 1 10 0 i u 0 (ord.) Wefttport - Stockton 0 4 9 0 5 3 0 9 Taupiri CoaL (ord.) 0 15 6 Brown Rwing (ord.) ... 1 4 6 — Brown Ewing (pref.) ... 0 18 6 — I) l.C (ord.) 0 1 6 D.I.O. (pref ) 0 18 0 — Ooldsborough Mort. ... — 2 0 0 National Mortgage 3 5 0 — Ts>an and Mercantile... 3 15 a 4 0 0 River Plate Wright, Stephenson 0 18 9 — (ord.) — 1 7 0 Dominion Rubber Donaghy's Rope and 0 9 0 0 10 6 1 12 0 Ibinedin Stock Hichange Propy N'.Z. Refrigerating <2C® 1 18 C ~ pakli 1 6 0 1 7 3

N.Z. Refrigerating (10s paid) 0 13 10 0 11 6 South Otago Freezing 4 o 0 — Kaiapoi Woollen (pel.) 1 5 3 — Kaianoi "Woollen (eon.) — 0 12 6 Mosgiel Woollen — 6 10 0 N.Z. Paper Mills — 1 1 8 N.Z. Paper Mills (new issue! 0 0 6 N.Z. Drug <«£2 paid)... 2 12 0 — N.Z. Uxpress Co (nref.) 0 15 0 — N.Z. Hardware (urd.)... — 0 10 6 N.Z. Hardware (pref.) 0 15 0 — Smith 4 Smith (pref.) 0 17 0 — Milburn Lime and Cement 1 10 6 _ “Otago Dailv Times”... 2 r. 6 Perpetual Trustees 1 15 0 — 9 National Electric 1 2 0 ' 1 3 ! War Loans— ' War Bonds (1930) 93 17 6 91 10 0 War Ponds (1938) 93 17 6 — ; War Bonds (1939) 93 17 6 — } Inscribed Stock (192<)... 94 5 0 — i Inscribed Stock (1929)... 91 5 0 — i Postal Bonds (1937) ... 91 10 0 — Postal Bonds (1929) ... 91 10 0 — Soldiers’ Inscribed ! Stock (1933) 9S 2 6 _ Soldiers' Inscribed | Stock (1933) 97 17 6 98 2 6