COMMERCE AND MINING

New Zealand Times, Volume LI, Issue 11783, 20 March 1924, Page 12

COMMERCE AND MINING

WELLINGTON EXCHANGE. YESTERDAY'S QUOTATIONS. (3.15 p.m. CaU.j Prices for investment and mining stocks yesterday were as follow: \ Buyers. Sellers

Sale reported: —Union Bank, £l4 6s. SALES IN OTHER CENTREB. Per Press Association. AUCKLAND, March 19. Sales on ’Change:—National Timber, S2s 3d; Bank of New Zealand, 525; Waihi 3Cs 6d; New Zealand Insurance, 30s Id; Auckland Ga 6 (coot.), 4s. Sales reported :—Bank of New Zealand, 52s 3d; War Loan, 41 per cent. (19381 Inscribed, £95 15s ; Soldiers’ Loan Inscribed, •£IOO 15s; Huddart-Parker, 435. CHRISTCHURCH. March 19. Sales reported :—New Zealand Government 5J per cent. Inscribed (1933), .£IOO 15s; Bank of Australasia (cum div), 3213 ss; Huddart-Parker (cum div), 435; New Zealand Refrigerating (paidl, 20s 7d (three, parcels); Kaiapoi Woollen (cont.), 8s lOd. DUNEDIN, March 19. Sale:—Dominion Rubber, 14s. Sales reported-.—Westport Coal, 38s 3d; A!iiburn Lime and Cement, 36s 6d. GASCO PRESSED BRICKS, LTD. The Provisional Directors have allotted ejiuroximately 20,000 shares, and have decided to order the plant. Prompt application for the small quantity of shares now remaining should be made to any member of the Stock Exchange, or to A. M. Adams, 157, Featherston street. Organising Broker.—Advt. BANK OF AUSTRALASIA * . a; I N 7. Cable Association (Received March 19, 9.5 p.m.) LONDON, March 18. The Bank of Australasia's divisible balance, is 32740,427.

ADDINGTON MARKET STRONG TONE THROUGHOUT. Per "Press Association CHRISTCHURCH, March 19. At Addington yards a keener sale was the' rule to-day for practically all important cl asses of stock, store sheep notably. Ewes firmed np strongly during the sale, whilst good beef brought enhanced prices, rat lambs and sheen were also firmer. There were large yardings of store sheep, including over 5000 from North Island, .and also Marlborough consignments. Competition at the start, when inferior 6heep were offered, was dull, but there was a remarkable firming np as the sale proceeded, averaging from 2s to 3s per head on last week for ewes, and 2s on lambs. Prices were—Good 2-tooth halfbred ewes 4:s 3d, _ordmary halfbred 2-tooth ewes 83s to 375, good 2-tooth three-quarterbred ewes 36s lOd, North Island 2-tooth threequarterbred ewes 30s 6d to 355, good 4, 6 and 8-tooth halfbred ewes 37s 6d. ordinary 32s to 34s 6d, coarse crossbred North Island 2-tooth ewes 29s 6d to 31s 6d, good 4, 6 and 8-tooth Romney crqss ewes 29s to 335, lower conditioned 235; good forward lambs 21s 6d to 24s 3d, ordinary 17s 6d to 20s 6d, medium 15s to 16s 6d, small inferior lambs 10s to 10s 6d, inferior halfbred ewe lambs 18s 6d to 22s 6d, fairly good three-quarterbred ewe lambs 235, good 4 and 6-tooth 23s 6d to 28s, inferior 20s to 22s 9d.

Fat Lambs. —A very small yarding of 1920 head. Competition was keener, and the primest sorts made np to IOJd per lb, overweihts 9Jd, lightweights 9jd. Prime lamhs 30s 6d to 33s lOd, medium 27s to 30s, light 23s to 2Gs 6d. Fat Sheep.—Average sized yarding and improved sale by Is 6d to 2s per head for good wethers and ewes. Wether mutton made from 6|d to 7d per lb, ewes from 4Jd to 5Jd. Extra prime wethers 40s, a few special 455, prime wethers 33s 6d to 38s, medium 29s 6d to 335, inferior 25s to 28s fid; extra prime ewes 345, a few special 35s 10d, prime 26s 6d to 30g 6d, medium 23s 6d to 265, light 20s to 235, old 16s 6d to 19s 6d. .rat Cattle—A yarding of 390, the qual!r? being better than for some time. I here was a decided improvement in demand for good steers, which made £2 a head more than last week. A few special sorts made up to 37s 6d per 1001 b, pnme beef 32s 6d to 35s Id. medium 28s 6d to 325, light 22s 6d to 27s 6d, rough down to 15s. Extra prime steers .£lB to £2O. prime £l3 to £ls 15s, medium .£lO to £l2 15s, light £6 10s to £9 10s, extra prime cows £ll 12s 6d, prime £6 10s to £9, ordinary 4 to £6 ss, aged £2 12s 6d to £3 10s, prime heifers £7 to £9 ss, ordinary heifers £3 10s to £6 10s. Vealers.—lmproved sale. Runners to £5 ss, vealers £3 to £3 10s, good calves Bok to £2 15s, small 10s to 20s. Store Cattle.—Large entry, mostly cows, with a few decent lines. Two and threeyear steers to £3 Bs. two-year steers to £2 ss, yearling steers to 255, yearling heifers los to 255. fresh cows £2 to £2 10s, old cows 10s to 30s, bulls 30s to £4 ss. Dairy Cattle.—Large entry, and a good Rale for all good cows. Second and thirdenlvers np to MO, extra good to M2 1 0s, good springing heifers £6 to £9 10s, extra MX. backward X'4 to X 5 10s. Flit Pigs.—A keen sale for baconers. Choppers X 2 10s to X 5 Us. light baconers X'3 15s to X 4 ss, heavy JUi. extra heavy X 5 ss; average price per lb 6;}d to 7|cf. Light porkers X2 3s to X2 10«, heavy X2 b/s to J,3 4s; average price per lb 7d to Store Pigs.—A slack sale. Weaners 12s to 15s, good weaners. 18s, small stores 19s to 2is, medium 25s to 325, large 48s; bows in pig £3 to X*4.

£ B ;. d. «£ B. d. Mining— Waihi 1 9 9 1 10 3 \\ ar .Loans— 51 p.c. Inscribed (1933) 100 10 0 101 0 0 54 p.c. Feby. 1st (1933) — 100 12 6 5i p.c. Inscribed (1927) 97 17 6 — 51 p.c. Inscribed (1941) 97 17 6 — 44 p.c. Bonds (1930) ... 96 12 6 — 5i p.c. Bonds (1933) ... . 100 10 0 — 5 p.c. Bonds (1927) 97 0 0 — 5 p.c. P.O. Inscribed (1927) 97 0 0 97 10 0 Debentures— Pacing Club — 109 0 0 N.Z. Breweries — 1 1 0 Devonport 102 0 0 1C3 0 0 Hanks — National — 6 17 fi New Zealand 2 11 6 2 12 3 1 nion U 4 0 Dalgety and Co — 13 13 6 Hirer Plate 1 0 0 — Gas— Wellington (pref.) — 0 17 9 Insurance^ National — 3 18 6 South British 2 0 0 Preferring— N.Z. Refrigerating 1 0 4 — N.Z. Refrigerating (10s) 0 10 0 — Gear 2 4 0 Meat Export — 1 15 0 Tnnsonrt— Huddart-Parker *2 2 6 - 3 3 Wellington (ord.) ...... 7 0 0 w Wellington (pref.) 7 0 0 — ”\V ellington (JB2 5s pd.) — 3 10 0Corti — .Westport 1 18 0 1 18 6 Waipa — 1 0 6 Timber— Kauri 1 8 10 1 9 0 .Levland O'Brien 2 0 0 — Rotoiti 1 3 5 — Taringamufu 1 13 3 — National 1 2 3 1 2 6 \1 i seel 1 a neous— Crown Brewery • 2 0 0 Dental an i Medical Supplv — 1 0 9 Howard Smith 2 12 6 2 13 6 Manning and Co — 1 8 9 VV.F.C.A 0 16 6 — Vard and Co , 2 4 9 Wellington Cordage ... — 1 0 0 llson s Cement — 1 10 3 •Cum di>.