COMMERCE AND MINING

New Zealand Times, Volume L, Issue 11436, 5 February 1923, Page 10

COMMERCE AND MINING

THE STOCK EXCHANCE SATURDAY'S QUOTATIONS SEVERAL SALES REPORTED. Prices of investment ami mining Btocks on Saturday were as follow : (10 a.in. Call.) Buvers. Sellers £ s. d £ s. d.

• .... *Cum die. tEbr div. Sale*, 3.15 p.m. Fridaylnscribed Btock (1938). £97 5s (reported); Bank of New Zealand. £2 17s 6d; Auckland Gas (paid). £1 5s 3d (reported); New Zealand Insurance, £1 8s fid (reported). SALES IN OTHER CENTRES. Per Press Association. ATTCKLAND, February 3. Sale on ’Change:—New Zealand Express Company, £l4. WAIHI SHARES Australian ' and N.Z. Cable Association. (Received February 4. 5.5 p.m.) LONDON. February 3. Naihi —Buyer*. 30s 3d; sellers, 31s 4d. 3rand Junction, 8e 9d. Hampton—Buyers, 8e 6d; sellers, 9e 4d. TIN STOCKS Australian and N.Z Cable Association. (Received February 4, 5.5 p>m.) LONDON, February 8. Tin stocks afloat total 22,588 tons; on spot, 2013 tons; 'afloat, 630 tons; deliveries during January, 2242 tons. FOREIGN EXCHANGES Australian and N.Z. Cable AvocUtioa. (Received February 4,- 5.5 p.m.) LONDON, February 3. Paris, 72.80 franos to the £l. Berlin, 165,000 marks to the £l. STERLING EXCHANGE Australian end N.Z. Cable ilTirlntli-iii (Received February 4, 5.5 P.m.) -NEW YORK. February 1. Sterling exchange closed strong at the week-ena. , LONDON WOOL SALES Australian and N.Z. Cable Aesociation. (Received February 4, 5.5 p.m.) LONDON, February 3. At the wool sales there was a good selection of merinos, and a fair selection of crossbreds. Prices generally were firm, with no quotable change. New Zealand lambs. “Pareora," 28}d. FROZEN MEAT ( (Received February 4, 5. i p.m.) LONDON, February 3. Sheep.—New Zealand, none offering; Australian, first quality 7jd, second "Jd; ewes, 7d; Argentine, first quality, light 9td, heavy "id, ewes 7d; Patagonian, none offering. Lambs.—New Zealand; none offering; Australian, first quality tld, second 9id, third Bid; Argentine, firsts, light 104 d, heavy 10a, seconds BJd; Patagonian, none offering. Frozen beef —New Zealand, fores 4id, hinds 4jd; Australian, crops 4id, hihds 4}d; Argentine, fores 4)d, hinds s|d; Uruguayan, none offering. Ohilled beef—Argentine, fores 4}d, hinds s|d; Uruguayan, fores 41d, hinds 6id.

MISCELLANEOUS MARKETS (Received February 4, 5.5 p.m.) . LONDON, February 8. ' Cotton—Liverpool quotations for American middling upland (March delivery), 15.03 d a pound. Rubber—Fine hard Para, 17d a pound; plantation, first latex crepe, 17id; smoked ribbed sheet, 171 d. Jute—Native first marks (January-Feb-ruary shipment). £3l 10e a ton. Hemp—New Zealand (Jsnuary-March shipment) 33d. Sea, bagged (FebruaryMarch shipment). £24 5s a ton. Unseed oil, £39 15s a ton, equal to 3a 2fcd a gallon. Turpentine, 104 s a cwt, equal to 7s IOJd a gallon.* ■OFFERED AT AUCTION NO BIDB FOR STATE BAKERY. Bv Telegraph.—Press Assn.—Copyright. SYDNEY, February 3. The State Bakery was offered at auction yesterday. No bids were received. The bakery was established by the previous (Labour) Government. The Nationalist Government decided to sell itu

Minings \\ aihi . 1 11 9 — Waihi Grand Junction i 0 9 0 — War Loans-— Inscribed Stock (1939) 97 0 0 — Inscribe*! Stock U938) 97 2 6 — Inscribed Stock (1933) — 100 15 0 War Bonds (1939* 97 0 0 — War Bonds (1938) 97 2 6 — War Bonds (1933) 100 7 6 — P.O. Bonds (1927) 97 0 0 — P.O. Ins. Stock (1927) 97 0 0 — Banks— Commercial Cord.' 1 13 0 — Commercial (pref.) ... 6 10 0 — National — 6 8 6 •New South Wales ... 37 0 0 — New Zealand — 2 17 9 tUnion 13 11 0 13 17 6 Financial— Abraham & Williams (ord.) . 4 0 0 — Goldsbrough Mort 2 5 6 2 6 6 Wn. Invest. T. and A. 0 9 3 ■ +Wn Trust and Loan 5 10 0 — Gas— •Christchurch — 8 10 0 Gisborne 0 12 3 — •Napier (£10> 10 10 0 — •Napier <A*5) 5 7 6 — •Wellington (,£10) 11 6 0 — Wellington (pref.) 0 16 0 — Wn. Debentures 103 0 0 106 0 0 Wellington (fractions) 0 5 S — Jnsnran'*e--•New Zealand 1 8 4 1 8 9 South British _ 1 18 6 Meat Preserving— N.Z. Ref rig. (10s) ... 0 13 9 0 15 0 Gear 1 18 6 — Transport — Hnddart-Parker (ord.) 2 11 6 — Huddart-Parker (pref.) 1 0 0 Union' Steam (pref.) 0 19 6 1 0 0 Woollen — Kaiapoi (cont.) 0 12 Wellington (pref.) 8 12 6 foal — +Hikurangi (pref.) ... 0 12 6 . Taupiri (ord.) 0 19 6 Westport — 1 16 0 Timber— I-eyland O’Brien 1 15 0 Taringamutn 1 10 6 — Miscellaneous— C. M. Banks (ord.) ... 1 2 6 tCrown Brewery 1 IS 0 _ • Dental and Medical Supplies _ 1 3 0 Glaxo Debentures — 97 0 0 Howard Smith 2 10 3 2 12 6 Scoullar and Co — 1 3 6 Bharland & Co. (ord.) — 1 2 3 Sharland & Co. (pref.) 1 2 3 W.F.C.A. (pref.) . 0 17 3 Ward and Co 1 6 3 Whitcombs A Tombs 3 9 0 —i. Wilson's Cement 1 2 9 1 3 3