COMMERCE AND MINING

New Zealand Times, Volume L, Issue 11418, 15 January 1923, Page 10

COMMERCE AND MINING

THE STOCK EXCHANGE

WELLINGTON EXCHANGE SATURDAY’S QUOTATIONS. (10 a.m. CallQ

•Cum div. SALES IN OTHER CENTRES. Pe~ Press Association. DUNEDIN. January 13. Sale on ’Change.—P. and 0.. J 3325. Sale reported —D.I.C. (pref.), 20s 4d. AUCKLAND, January 14. Sale.—Wilson’s Cement. 235. FROZEN MEATS Australian and N.Z. Cable Association (Received January 14, 5.5 p.m.) LONDON. January 13. Sheep.—New Zealand ewes, none ottering ; Australian, firsts, "id, seconds 7|d, ewes "id; South American, light 9d, heavy. Bd, ewes 7Jd. Lambs.—Australian, thirds &id. Frosen > beef.—New Zealand, tores 4Jd. ’ / hinds 4jd; Australian, croiw 4Jd, binds . 4Jd; Argentine, fores ltd. Chilled beef.—Argentine, fores sid, hinds 6id; Uruguay, hinds 6id; others, unchanged. MISCELLANEOUS MARKETS Australian and N.Z. Cable Association. (Received January 14, 5.5 p.m.) LONDON, January 13. Rubber.—Para, lid; plantation smoked- 16d. Hemp.—Jancary-Maroh, a ton. Copra.—January-Febrnaiy, J 624 15s a ton. Linseed oil, £3B 10s a ton. Turpentine, 108 s fid a owt. TALLOW' MARKET Messrs A H. Turnbull report:—We are to-day in receipt of a cable from our ■ principals, Messrs W. Weddel and Co., Ltd., dated London, 10th, advising as follows: "At tallow auctions to-day 1310 casks were offered, of which 600 were sold. Prices unchanged.” THE HOME MARKETS LAMB AND MUTTON. Dalgety and Company, Limited, report having received the following cablegram their London house under date of Uth instant:— "New Zealand crossbred mutton. North Island, heavy 9d, light 9|d. Demand continues, market firmer

"Now Zealand prime ox beef, hinds 4}d, fores 4d. Demand better owing to "cold weather, market firmer. "G.A.Q. crossbred lamb, Australian, tight lid; mutton, heavy 7d, light 74d. Demand runs principally on finest Qualities. Mutton is steady. , “New Zealand lamb.—All available stocks cleared No sales reported this week for forwrrd shipment from New Zealand or Australia." BUTTER AND CHEESE.

The New 7ealand Lean and Mercantile Agency Company, Limited,'have received the following cablegram from their Loudon house under date 12th instant "New Zealand butter.—Salted, 192 s to W4s per cwt; unsalted, 194 s to 198 s per cwt

"Cheese.—l3os to 131 a per cwt. Markets firm."

Messrs A. H. Turnbull report: We are in receipt of a cable from Messrs W. Weddel and Co., Ltd., London, reporting on the dairy produce market as follows: — , "Danish butter, 212 s to 214 e; Now Zealand salted butter 194 s to 198 s, New Zealand unsalted butter, ‘-190b to i{Ms. Fair inquiry. "New Zealand white cheese, 130 sto 1345; New Zealand coloured cheese, 130 a to 134 a. Market steady." London Frozen meat market. Messrs Lena and Co., Ltd., have received the following cable from their London agents, 'dated January 12th, 1929: "Quotations :New Zealand ewes, 481 b to 841 b, 7Jd; New Zealand prime ox beef, 1801 b to 2201 b, hinds 4Jd, forsee 4£d. Market firm. Nothing offering in lamb and mutton. As compared with last week’s quotations beef is id per lb dearer."

i Bujers. Seller* J* ». <L m .. 4. Mining— No quotations. War Loans— 4$ p.c. Ins. Stock (1939 96 15 0 — ii p.c. Ins. Stock 11938) 96 15 0 — 54 p.c. Ins. Stock (1933) — 100 0 0 p.c. W a r Bonds (1938) 96 15 0 — 5 p.c. P.O. Bonds (1927) 96 10 0 — 5 p.o. Ins. Stock (1929) — 96 10 0 5 p.c. Ins. Stock (1927) 96 10 0 — Banks— } Union Bank *13 17 6 14 2 0 Financial— National Mortgage 3 10 6 Wn. Invest T. and A. 0 9 3 — Wn. Trust Loan 5 12 6 — Wellington (ord.) ......'10 10 0 Wellington (pref.) 0 16 0 — 1\ ellington Debentures 105 0 0 — Wellington Fractions... 0 5 3 — Insurance— New Zealand — 1 9 9 South British 1 17 3 — Bleat Preserving— N.Z Heir igerating (10B) - 0 15 6 Gear 1 18 0 —- Wellington Meat Export (£3 12a 6d) — 3 5 0 Trn nsport — Huddart-Parker (ord.) 2 14 6 2 15 2 Coal— Hikurangi (pref.) 0 13 3 Westport 1 14 6 *— Timber— Tanngamutu 1 10 0 —a Miscellaneous— C. M. Banks (ord.) 1 1 6 —w Crown Brewery 1 16 0 Cates, Ltd — . 1 6 8 Howard Smith — 2 10 0 National Electric 0 19 9 — N.Z. Drug 2 14 9 — N.Z. Paper Mills 1 2 6 — Wellington Cordage ... 1 0 6 — Whitcoinbe and Tombs 3 6 6 •— Wilson's Cement 1 2 6 1 3 0 Eastbourne Borough Debentures .-. — 105 10 0