COMMERCE AND MINING

New Zealand Times, Volume LI, Issue 11739, 29 January 1924, Page 12

COMMERCE AND MINING

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

•Cum div. Sales reported (10 a.m. Cull): —Hud-dcrt-Parker (pref.), J!1 Os 9d. Sales reported (3.15 p.m. Call): —P.O. Bonds (1027), £97 10s; N.Z. Loan and Mercantile (ord.). .£B4; National Insurance Company, ,£3 18s 6d. SALES IN OTHER CENTRES. Per Press Association. AUCKLAND, January 28. Sale on ’Change:—Waitu, 29s 9d. Sales.—Auckland Gas (cent.), 3s sd; Northern Steam, 15s. CHRISTCHCRCH, January 28. Sale reported.—New Zealand Government per cent. Inscribed Stock (1938), .£96 10s; Bank of New Zealand, 50s 3d (four parcels); Crown Brewery (cum div.), 61s 6d ttwo parcels). Sales on ’Change —National Insurance, JS7Bs 6d; Manning’s Brewery, 27s and 27s : Sales.—Huddart-Parker (ord.), 42s 6d. Sales reported.—Bank of New South Wales, All; Waihi, 29b 9d. DUNEDIN, January 28. Sales on Chango:—New Zealand Drugs; 65s 6d; Bawra, 19s.

LONDON PRODUCE

STRIKE AFFECTS MARKETS. The Bank of New Zealand, produco department, has received the following advice from its London office, under date January 25th:— Butter—Slow. 201 s to 206 s per cwt; exceptionally, 208 s per cwt. Cheese.—Slow. White, 102 s per cwt; coloured, 10fe per cwt. Strike accentuates dullness of markets. Frozen meat—The market for wethers has declined, and there is a very poor demand at present. It is thought that prices for ewes have reached the top. The demand for lamb is still poor. Ox beef is in better demand, but there is very little inquiry for cow. Wethers, light, Bd to 84d per lb; heavy, 6d to 7Jd per lb. ewes, sfd to 7d per lb; lambs, under 42’s, 9Jd to lid per lb; over 42’s, 9d to Hd per lb; seconds, 9fd to 10Jd per lb; new season’s, 12d to 12fd per lb; Australian, 9fd to 10Jd per lb; Argentine, Bd to lOd per lb; ox, hinds, 4d to 4Jd per lb; ox, fores, BJd to 3|d per lb; cow. hinds. 3fd to 4d per lb; cow, fores, 3d to 3J<i per lb.

MISCELLANEOUS MARKETS

RULING QUOTATIONS. Australian and N.Z. Cable Association 1 LONDON, January 25. , Cotton—Febraary shipment, 1957 bales. ‘ Jute —January-Fetruary. £26 10s. Hemp—New Zealand, high-point, fair, * January-March, j£3s. Rubber —Para, 12fd; plantation, amok- « •d. 13$d, 14d. Copra—January-Febinary, «£3O 10s Linseed oil—46a. Turpentine—7Bs 9d 1 - i SALE AT MANGAWEKA < Dalgety and Co., Ltd., Palmerston North, j report having a fair yarding of both * tfheep and cattle at their Mangaweka sale on Thursday, the 24th duet. There was 5 a good inquiry for lambs, and a very fair clearance was effected. Quotations:— i Cull lambs, 3s 6d to 5s Id; small lambs. * 8s 3d; good mixed shorn lambs, 14s 7d to 15s 6d; good w.f. ewe lambs, I7s; year- < ling heifers, 28s to 30s: 3-year heifers. £2 ss; empty cows, 22s 6d to 30s; forward l cow’s, <£2; fat cows, £4 to <£4 17s; 15- * monfh steers, £2 4s; 2-year steers, £3 ss; Ckyear steers, £4. l WOOL BALES , Copy of cablegram from British-Aua- ; tralian Wool Realisation Association, Ltd., London, to tro New Zealand wool committee, Wellington, dated January 26th, 1921: "Sales opened Tuesday Prices, compared with closing rates last London serier,:—Merino, 5 per cent, to 71 per cent, dearer; crossbred, 15 per cent dearer.’’

ftocks yesterday were is follow — Buyers. Sellers. £. 9. d. je s. d. Mining— W ailii 1 9 9 1 10 3 War Loans— Inscribed Stock (.1938) — 97 0 0 Inscribed Stock (1933) — 101 15 0 P.O. Bonds (1927) 97 0 0 97 12 a P.O. Inscribed Stock 11927) 97 3 0 — Debentures— N'.Z. Breweries 1 0 6 Br.nk.«— 'National ..... — 6 11 0 New Zealand 2 10 0 2 10 3 Union U 18 0 — financial— N.Z. Loan and Mercantilo torcl.) 82 10 0 81 10 0 Wn. Trust Loan — *5 16 6 tin. Deposit and Mortgage 0 9 6 Gas— Christcburch *8 1 0 — 0 ■Wellington (-210) *— 14 0 InsuranceNational 3 18 0 1 0 0 New Zealand — 1 11 0 South British 1 19 6 — Moat Preserving— J7 i. Eefrig. (10s) *0 11 0 ' Gear 2 1 6 — Wn. Meat Export (.£'3 12s 6d> — 2 2 0 Transport— Huddart-Parker (ord.) 2 2 6 2 3 0 Huddart-Parker (pref.) 1 0 6 — N’.Z. Shipping <pref.) — 9 9 10 0 Union Steam tpref.) ... 0 19 1 0 6 P ant! O. deferred stock 28b 0 0 — Woollen— "Wellington irights) 3 10 0 Westport — 1 19 9 \V est po rt43t ock ton — 0 5 0 Waipa 0 17 0 — Timber — Levlnnd O'Brien 1 18 6 —• Eotoiti 1 2 6 — Taringamutu 1 12 0 — Miscellaneous— Crown Brewery *3 1 0 — Wairaraoa Farmers (pref.) Wilson’s Cement — 0 17 6 '1 10 0 1 10 9