COMMERCE AND MINING

New Zealand Times, Volume LI, Issue 11784, 21 March 1924, Page 10

COMMERCE AND MINING

WELLINGTON EXCHANGE.

YESTHEDAY'S QUOTATIONS. 13.15 p.ra. Call.) Price?* for investment and mining stocks yesterday w’ero as follow: Buyers. Seilers.

The following sales were reported:—4i per cent. Inscribed (1968), .£96 15s; 54 per cent. Inscribed {1933}, <£loo 15s; 4* per cent. Bonds (1930), £96 15s. SALES IN OTHER CENTRES. Par Press Association. DUNEDIN, March 20. Sales reported: —Union Bank, £l4 Js Sd (two parcels); South Otago Freezing, £3 15s: Refrigerating (paid)., 30s 7d (.hree creels); Dalgety and Co., £l3 12s 6d. AUCKLAND, March 20. Sales on 'Change:—Wilson's Cement, 29s 6d; Waihi, 80s 6d; National Timber, 225; Union Bank, 2865. CHRISTCHURCH, March 20. Sales reported:—Union Bank, £l4 Gs and .£l4 7s; Kaiapoi Woollen Company (pref.l. 19s 6d; Wnitcombe and Tombs, 735; Dalgetj and Co., £l3 11s 6d. GASCO PRESSED BRICKS, LTD.

The Provisional Directors have allotted approximately 20,000 shares, and hare 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. AUSTRALIAN MARKETS CURREN’T QUOTATIONS. By Telegraph.—Presa Assn —Copyright. (Received March 20. 10.10 p.ra.) SYDNEY, March 20. Oats Tasmanian and Algerian, 4s; White Giants, 4s 6d. Maize—South African, 5s to 5s 3d, l r »cal ss. Potatoes, £7 to £lO. Onions, £7 10s. ADELAIDE, March 20. Oats, 3s to 3s 2d. CHRISTCHURCH RAM FAIR LIKES AND DISLIKES. Per Frees Association. CHRISTCHURCH, March 20. The annual ram fair commenced today, when flock rams were offered. There was very keen demand for Corriedale, halfbred, and Southdowns, a large entry of the first-named being totally clearoo English and Border Leiceeters weTe in over supply, and met with a dragging sale, but there was a good clearance at moderate prices. There was only a email entry of Romneys, but they were completed- out of favour, only a few selling at low prices. None of the few Lincolns offered elicited a bid. The following is the range of valnes; English Leiceeters, 2\ to lli guineas: Romneys, 2 to 5 guineas; Corriedales, 3 to 18 guineas; Border Leicesters, to 8 guineas; Shropshire*?, 2£ to 10 guineas; Southdowns, 3| to 12J guineas; halfbTeds, sto loi guineas; merinos, 4to 15 guineas; Kyelands, 3£ to 6 guineas. HOME MARKETS LONDON TALLOW MARKET. The Bank of New Zealand, produce department, has received the following advice from its London office, under date March 19th : ‘'Tallow—The demand and prices have weakened. Current quotations: Good mutton, 48s to 48e 6d per cwt; beef, 46s to 465. 6d per cwt; mixed, 46s per cwt; gut, 40s to 42s per cwt." LONDON SALES. . The New Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London house, under date 19th instant: "Tallow.—We quote present spot values /or the following descriptions: Fine mutton, 50s per cwt; good beef, 47s per cwt; piixcd, 42s 9d per cwt. Market inactive." LONDON WOOL SALES. Messrs Dalgety and Co., Ltd., report having received the following cablegram from their London house, under date of the 19th instant:—"One thousand one hundred casks tallow offered; 210 sold. The market for mutton tallow is neglected. Since ou rlast report prices are for mixed tallow, good colour, le per cwt lower (present value 46s 6d per cwt); low and inferior descriptions, 2s per cwt lower." HIDES SALES KEEN COMPETITION. LONDON. March 19. A*. th» hides sales thre was a keen and general competition. The majority of the lot* sold at fully late rates.

PARCELS HOLD STEADY WHEAT CARGOES QUIET. (Received March 20, 7.20 p.m.) LONDON, March 19. Wheat cargoes are quiet and quotations are lower. La Platats .show 3d decline. Parcels are steady, and closed easier. WOOL VALUES LONDON QUOTATIONS. Australian and N./. tanw Association (Received March 20, 8.0 p.m.) LONDON, March 19. Wool sales->-New Zealand, Dumgree, 36d, 35jd. TALLOW SALES DECLINE IN PRICE. Australian and N.Z Gable Association (Received March 20, 7.20 p.m.) LONDON, March 19. At the tallow sales 1110 casks were offered and 308 sold at a decline of Is 6d to 2s; mutton, 51s, 455; beef, 47s 6d, 44s 6d. WAIHI SHARES Australian and N.Z Cable Association (Received March 20, 7.20 p.m.) LONDON, March 19. Waihi Junction, buyers 29s 4d, sellers 30s 3d. CUSTOMS REVENUE. The Customs revenue collected at tho port of Wellington yesterday amounted to .£15,005.

£ 8 d. je b. d. Mining— Waihi 1 10 0 1 10 9 \Y ar .Loans— , 4-1 p.c. Inscribed (1939) 9b Au 0 — A-‘ p.c. Inscribed. (193S) 96 10 0 97 0 51 p.c. Inscribed 1935) [UO 10 0 — 54 p.c. Feby. 1st (1933) — 100 12 6 41 p.c. Bonds (1939) ... 96 10 0 — 41 p.c. Bonds (1933) ... 96 10 0 — 41 p.c. Bond© (1930) ... 96 10 0 -- 5V p.c. Bonds (1933) ... 100 10 0 — 5 p.c. P.O. Inscribed (1929) 97 10 0 5 p.c. P.O. Inscribed (1927) - 97 0 0 97 10 0 Debentures— Wellington Gaa — 105 0 0 N.Z. Breweries 1 1 0 Devonport 102 0 0 103 0 0 Wn. City Council, 5i per cent 100 0 0 Bants— Australasia 13 5 0 — National .. . 6 17 6 New Zealand 2 11 9 a 12 t> Union n 5 0 — Financial— Wellington Investment 0 9 6 — Gas— Wellington — 13 12 6 Insurance— National — 3 18 6 New Zealand 1 9 9 — South British 2 0 0 — Mo*t Preserving— N.Z. Refrigerating 1 0 4 — N.Z. Refrigerating (10s) 0 10 0 — Meat Export — 1 15 0 Transport— Huddart-Barker 2 3 0 2 3 3 Woollen— Wellington (ord.) 7 0 0 — Wellington (pref.) 7 0 0 — \\ ellington (£2 5s pd.) — 3 10 0 ConiWestport — 1 18 6 Waipa — 1 0 6 Timber— Kattri 1 8 10 1 9 3 Leyland O'Briefll 2 0 0 — Eotoiti 1 3 3 — Taringamutu *v.. 1 13 3 — National 1 1 2 0 1 2 6 Miscellaneous— Crown Brewery — 2 0 0 Mental and Medical Supply — 1 0 9 Eclipse Petrol (jBI) .. 0 5 6 — Gates, Ltd — 0 11 6 Howard Smith 2 13 0 Manning and Co — 1 6 6 W F.C.A 0 16 6 •— Ward and Co — 2 4 9 Wellington Cordage ... — 1 0 0 Wilson's Cement — 1 10 1