COMMERCE AND MINING

New Zealand Times, Volume L, Issue 11522, 18 May 1923, Page 12

COMMERCE AND MINING

WELLINGTON EXCHANGE THURSDAY’S QUOTATIONS. 13.13 p.m. Call.)

SALES IN OTJLER CENTRES. Per Press Association CHRISTCHURCH. May 17. Sales reported :—Union Bank, £l4 14s 6d (two parcels); New Zealand Insurance, 29s 9d; New Zealand Refrigerating, 255; Christchurch Gas, £8 12s 6d: Kauri Timber, 28s 6d. Sales reported.—Bank of New South Wales, .£4O; Ward’s Brewery, £2 Is 6d; Waihi, £1 4s 6d. Sales on 'Change.—New Zealand Refrigerating (10s paid), 13s 7d (two parcels); Beath and Co., £1 12s 6d. AUCKLAND, May 17. Sales :—Bank of New Zealand, 61s; New Zealand Refrigerating (cont.), 13s 3d. Reported sales:—Kauri Timber, 28s4jd; Waihi, 24s 3d. , Sales.—Union Bank, .£l4 14s 6d; Homo Builders, 13s 6d; Milk Producers, 255; New Zealand Refrigerating (cont.), 13s 3d; Moanataiari, 3s 2d; Waihi, Sis 3d, 245, 23s lOd, 23s 9d. DUNEDIN, May 17. Sales on 'Change.—Union Bank, £l4 14s 6d; South Otago Freezing, 90s; Paper Mills, 265; Huddart-Parkor (ord.), 43s (three); New Ztaland Refrigerating (paid), 2os. Sales reported.—Bank of New Zealand, 60s 9d; Bank of New South Wales. £4O; South British Insurance, 38s 6d; Waihi, 24s 6d. AUSTRALIAN PRODUCE By Telegraph.—Press Assn.—Copyright. (Received May 17, 9.50 p.m.) SYDNEY, May 17, Oats, Algerian feed 4s 7d to 4s Bd, white As 8d to 4s 9d; maize, 6s 6d; potaotees, Tasmanian .£l2 to £l4, Victorian £l2; onions, Victorian £5 15s to £6. ADELAIDE, May 17. Oats, Algerian feed 3s 6d to 3s Bd. TALLOW SALES Australian and N.Z. Cablp Association. (Received May 17, 9.50 p.m. ) LONDON, May IC. At the tallow sales 1331 casks were offered and 714 sold. Prices for low sorts declined 6d, others were not changed. WAIHI SHARER. Waihi shares, buyers 21s lOd, seller* 23e. HARBOUR DUES Australian and N.Z. Cable Association LONDON, May 16. Tlie Belfast authorities' have reduced harbour dues by a further 71 per cent. HOME MARKETS TALLOW. The New Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London bou.se, under date 16th instant:— Tallow.—We quote present spot values for the following descriptions : Fine mutton 42s 9d per cwt, good beef 41s 3d, mixed 36s 6d; market quiet. Lalgety and Company, Limited, report having received the following cablegram from their London house under date of the 16th instant:— "Tallow.—l33o casks tallow offered, 640 casks sold. Since our last week's report prices unchanged except for low descriptions, which are 6d per cwt lower." FROZEN* MEAT MARKET. Messrs Levin and Co., Ltd., have received the following cable from their London agents, dated May 16th, 1923: As compared with last week's advices the market has a better tendency, although prices are unchanged. There is an all-round better demand.

Prices of investment and mining stocks yesterday were a» follow*.— Buyers. Seller* J6 a. d. J£ ». 4 Mining— WaiUi .. 1 4 3 t 5 \V.. i loansInscribed Stock (1938) — 98 5 0 Inscribed Stock (1933) — 102 0 0 War Bonds (1939) .... — 98 0 War Bonds (1938) 97 15 0 — War Bonds (1939) — 98 0 P.O. Bonds (1927) 98 5 0 — P.O. Inscribed Stock (1927) 98 5 0 Banks— Australasia — 14 15 0 National — 6 14 6 New South Wales 40 3 0 New Zealand 3 0 6 3 1 0 Goldsbrougli Morfc 2 8 0 — National Mortgage 4 0 0 — ft.Z. Kiver Plate 1 1 9 — Wn. invest. T. and A. 0 9 4 0 9 10 Wn. Trust Loan 5 15 0 — Aucjdand (paid) 1 5 3 — Christchurch 8 17 6 Wellington (.£10) 11 17 6 Wellington Debenture Stock — 106 0 0 I nsu ranefl— National +3 ID 0 — New Zealand — 1 10 3 South British 1 18 3 — Standard 1 10 9 1 18 6 Freezing— -VZ. Eefrig (.£1) — 1 5 3 Is.Z. Eefrig. (10s) 0 13 4 — Gear — 2 5 0 Wn. Meat Export (JE3 12s 6d) 2 10 0 2 12 0 transport— Ruddart-Parker (ord.) 2 2 6 2 3 0 Huddart-Parker (pref ) 1 0 0 — Union Steam (pref.)... *1 0 6 — Woollen— Kaiapci (ord.) 1 3 3 Kaiapoi (cont.) 0 11 3 — Wellington (ord.) 9 2 6 — Taupiri (ord.) *1 1 6 \\ estport 1 18 0 -r Westport - Stockton ipref.) 0 7 9 0 8 3 Waipa — 0 17 3 Timber— Lcvland O'Brien 1 16 6 — • .-(.v laneous*— C M. Banks (ord.) ... 1 2 6 — Burns Philp — fl 13 3 D.J.C. (pret.; 1 0 3 — Howard Smith 2 12 9 — Manning and Co — 5 10 0 Wairarapa Farmers (pref.) 0 16 9 0 17 9 Ward and Co 2 1 9 — Wih-on’s Cement — 1 6 5 *Cum div. Dx div. Sales reported.—Morning: N ew Zealand Insurance Co.. «£1 9s 9d: Ward and Co , £2 2s; Afternoon: Bank of New South Wales, •£40; Bank of New Zealand, £3 Os 6d; New Zealand Refrigerating C o. (£1), £1 5s; Gear Meat Co. } JS2 5s.