COMMERCE AND MINING

New Zealand Times, Volume LI, Issue 11736, 25 January 1924, Page 12

COMMERCE AND MINING

WELLINGTON EXCHANGE. YESTERDAY'S QUOTATIONS. (3.15 p.m. Call.) Prices of investment and mining

•Cum div. Sale reported—Waihi Mining, £1 10s. Sale on 'Change (10 a.m. Call): —Hud-dart-Parker (pref.), ,£1 Os 9d. SALES IN OTHFIR CENTRES. Per Press Association. CHRISTCHURCH, January 24. Sales reported. Commercial Hank (rights), Sa 4d; Ward's Brewery, 44s 6d; Manning and Co., 20s 9dj 54 per cent. Bonds (1933), .£lOl 10s. Sales on 'Change.—Bank pf Australasia, •£l3; Commercial Bank, 9b 4d (two parcels); Bank of New South Wales, £4l (two parcels); Ward’s Brewery, 44s 6d; Mason-Struthers, 6s; New Zealand Paper Mills, 24s 3d (two parcels). Sales reported : —Government 5$ per cent. Inscribed Stock, £lOl 12s 6d (two parcels); Government 5$ per cent. Bonds, .£lOl 12s 6d (two parcels); Bank of Australasia, £l2 (four parcels); Bank of New South Wales, £4l; Union Bank of Australia. £l4 18s (four parcels); New Zealand Farmers* Co-op. (64 per cent bonds, 1930), £67 10s (two parcels). Sales on 'Change :—Commercial Bank rights, 9s 4d (two parcels); "Ward's Brewery, 44s 6d; Maston Struthers (6s paid), , DUNEDIN, January 24. bales on ‘Change.—Goldsbrough Mort, 46s 6d; Wilson's Cement, 3Cte 3d (two parcels); Waihi, 29s 9d (two parcels). Sale reported.—New Zealand Insurance, 30s 6d Sales on 'Change.'—Paper Mills, 255; Government 44 per cent. Bonds, 1938, £96 17a 6d. Reported:—Bank of New Zealand, 50s (two sales); National Electric, 19s 6d. AUCKLAND, January 24. -jo -Change.—Waihi, 29s Bd, 80s w; bouth British Insurance, 40s; War Loan, Inscribed, 5 per cent., £97 10s; V\ llson s Cement, 30s, 30s 3d. WAIHI SHARES A.a£traUan and N.Z. Cable Assoc iat ion. (Re reived January 25, 12.50 a.m.) . . LONDON, January 23. Waini shares.—Buyers,29s 9d; sellers, 82s lOd. TALLOW PRICES MEAT QUOTATIONS. By Telegraph.—Press Assn.—Copyright. (Received January 25, 12.50 a.m.) LONDON, January 23. . At the tallow sales 878 casks were ofxered and 772 sold at late rates, and on cighteenpencj advance. Mutton, 51s, 465; beef, »7s 6d, 45s Sd. TALLOW SALES. New Zealand Ix>an and Mercantile Agency Co.. Ltd., have received the following cablegram from their London house, under date 23rd instant:— Tallow—We qnote present spot values for the following descriptions: Fine mutton, 51s per cwt; good beef, 46s 6d per cwt; mixed, 43 s 6d per cwt. Market active. The Bank of New Zealand, produce department, has received the following advice from its London Office, under date January 23rd, 1924: Tallow—There is a good demand, and the market has advanced 6d per cwt. TALLOW AND WOOL. Messrs Dalgety and Co., Ltd., report ha\mg received the following c&blegiAm * ron LJ t^r I*> n don house, under date of the 23rd instant:— London tallow sales—Bßo casks of tallow offered, 7io eold. Since our last wire puces are unchanged to 6d higher, excePt for prime mutton, which are Is per cwt higher. London wool eales-Owing to a thick fo * "o ,?.° o 1 salee have been held to-day. The Wairarapa Farmers' Co-op. Association, Ltd., are in roceipt of the following cablegram from their London agents, under date January 23rd:— ° Wool sales opened to-day. There was a large attendance of buyers, Home -n.l Continental buyers being the chief operators. Compared with closing rates of previous sales fine, medium, and coarse crowbred advanced 10 per cent, to 15 per NATIONAL DAIRY ASSOCIATION CABLE. The National Dairy Association of New Zealand, Ltd., have the following cable from their London office, doted January 21st, 1924: Butter—Steady. New Zealand, 208 s to 210 s, salted 212 s to 2145; Australian, 202 s to 2045; Argentine, 184 s; Danish, 220 s to 222 b. Cheese—Steady. New Zealand, while 102 s to 104 s, coloured 10os; Canadian, v/hite and coloured, 104 s to 110 s. A GOOD REPORT PERTH WOOL SALES. By Telegraph.—Press Assn.—Copyright. (Received January 24, 5.5 p.m.) PERTH, January 24. The fourth wool sales made fresh records. West Australian merinos increased by 10 per cent., lambs wool and crossbreds increased from 15 to 20 per cent. Merino reached 40 pence, and iambs 33 pence. SYDNEY SALES. Per Press Asw.-iation. (Received January 25, 12.50 a.m.) SYDNEY, January 24. At the wool sales competition was keen end the market very firm at late rates. Greasy merino sold to 4D4d.

stocks yesterday were as follow : — Buyers. Sellers. £. 8. d. £ 8. d. Mining— Waihi 1 9 9 1 10 9 War Loans— Inscribed Stock (1933) 101 10 0 War Bonds (1933) 101 10 0 — Banks— Australasia 12 19 0 13 2 6 .National — 6 14 0 New Zealand — 2 10 6 Union — 14 19 6 Financial— N-Z. Loan and Mercantilo (ord.) — 84 0 0 Wellington Trust Loan 5 14 0 *5 16 6 GasAuckland 1 5 6 — Christchurch 7 19 0 — Napier (-610; 10 l 7 6 — Insurance— National 3 18 6 4 1 0 Meat Preserving— N.Z. Refrigerating (10s) — *0 12 0 Gear 2 1 6 — Wn. Meat Export (JG3 12s 6d) 7 — 2 2 0 Transport— Huddart-Parker (ord.) 2 2 6 2 S 9 Huddart-Parker (prcf.) 1 0 6 • - Woollen— Wellington (rights) .... 2 15 0 Hikurangi (pref.) 0 10 0 — — 0 5 3 T\ aipa 0 17 0 — Timber— Kauri 1 8 3 — Levland O'Brien 1 18 6 — Rotoiti 1 2 6 National Timber 0 19 9 1 0 6 Miscellaneous— Burns Philp 1 12 6 1 13 0 Gates, Ltd — 0 12 6 Howard Smith . 2 13 0 National Electric 0 19 0 0 19 9 Wairarapa Farmers tpref) — 0 17 6