COMMERCE AND MINING

New Zealand Times, Volume LII, Issue 12076, 2 March 1925, Page 12

COMMERCE AND MINING

WELLINGTON STOCK EX’ CHANCE

SATURDAY'S QUOTATIONS. (10.15 a.m. Call.)

' The following were the dosing quota, tiona on Saturday:—

fUr rights. *Cum div. Sales reported.—New Zealand: Inscribed stuck (1933), £101; Westport Coal, £1 12s. SALES IN OTHER, CENTRES. r Per Press Association. AUCKLAND, March 1. Sales.—Bank .of. •'New Zealand ((rights), 31s 4d; Taranaki' Oils, 30s; Waihi, 25s 6d. CHRISTCHURCH, March 1. Sale reported.—New Zealand Farmers. Co-op. (£2 5s paid), 6'9s. . DUNEDIN, Maroh 1. Sales.—Kawarau Gold Mining, 24s (two parcels). * ... LONDON MARKETB

DAIRY PRODUCE. A. H. Tujrnbull and CoS, report rr-We are in: receipt of a cable from' our principals,' Yessrs W. Weddel and Co., Ltd., dated London, \27th instant, reading:— "Danish butter, 226 s t0‘23113 Oast week 224 e to '2265); New Zealand, unsalted 1886 to 190 s (188 s to 190 s), salted 174 s to 178 a (174 s :to 1765). Market firm. Cheese, whits and coloured, 97s to 98s (94s to 965). Market firm.” ’ : "WAIHIS I& LONDON. « Australian and N.Z. Cable Aantittifl). (Received March !, 11.5 p.m;) LONDON, February 2?. Waihi shares, buyers, 26s 3d, sellers 27s Id. - ?■ PRICE OF GOLD. , Australian and N.Z. Cable Association. ... (Received March'l,-11.5 p.uu) LONDON, February 28. The price of gold is 87s 3d an ounce. FROZEN MEAT NEW ZEALAND LAMB LEADS. By /Telegraph.—Press Assn.—Copyright • (Received March 1, 11.5 p.m.) LONDON. February 28; Sheep.—Canterbury, medium Bid, heavy .7Jd : North Island, light 9d, medium Btd, heavy 74d j New Zealand e-res, 7d; Argentine, medium 7Jd, heavy 6id. ~ Lambs.—Canterbury, light 121 d, medium 12}d, heavy llld*; other, selecteds; light 12jd, medium 121 d: North Island, firsts Md, seconds Hid; Australian firsts,: Victorian ll|d. others Hid; seconds, Victorian lid, others 103 d, thirds lOJd; Argentine firsts, light lid, medium IOJd. Chilled beef.—Fores, Argentine sd, Uruguayan 4}d; other meats unchanged. COTTON, RUBBER, COPRA, ETC. Cotton.—Liverpool quotation: American- , middling upland, March delivery, 13.64dpetlb. Rubber.—Tine bard Para, 17d per lb; plantation first latex crepe, lftid; smoked fibbed sheet, 181 d. Jute. —Indian native first . marks, March-April shipment, J 542 15s per ton. Zealand hemp.—March-May shipment, je4o l<|s per ton. ' . • Copra.—Bagged South Sea, FebruaryMa'tch shipment, je2B 10s per ton. Linseed oil, JBSI 5s per ton, equal to 4s lid per gallon; turpentine, 64s 6d per cwt, equal to 4s 10id per gallon. _ Antimony.—English, £69 15s to £7O per ton; foreign, .£65. WHEAT. NEW YORK, February 28. Chicago-wheat. May 1993 cents, July 1721 xents, September 154 cents per bushel Messrs Levin andi Co., Ltd., have received the following Cable from .their. London agents, dated February 27th, 1925:—"Frozen meat quotations (prices on a delivered basis, i.'e., including Btor- ' ago charges, cartage, tolls, etc.): Down lambs, 28/42*8, 12Jd per lb; best North Island, -28/42*8, 12id; ordinary North Island, 28/42*3, 121<1; second quality lambs, llld; best. North Island wother sheep) 48/64's, Bfd; best North Island wether sheep; 84/72's, -71 d; ordinary North Island wether sheep, 48/64'e, BJd; North Island ewes, 48/64’s, 7d; North Island ewes, 64/72's, CJu; New Zealand prime ox beef, 160/220’s, 51d. A* compared wiin last week’s quotations lambs, wethers, and ewes'are Id per lb cheaper, with thS exception of second quality lamb, which is Id per lb cheaper,: whilst beef is unchanged." / , FROZEN MEAT. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London house under date 27th instant:— . New Zealand frozen meat, lamb, 12)d per lb (average); mutton, wether and maiden ewe, light Old per lb, heavy 7}d ■per lb; ewe, light 7ld per lb, heavy 6jd per lb. Market quiet. RE-DISCOUNT RATE INCREASE IN AMERICA. Australian and N.Z. Cable Association. (Received March 1, 5.5 p.m.) / NEW YORK, February 28. Th 6 Federal Reserve Bank has increased the re-discount rate from 3 per cent, to 8J per cent. CUSTOMS REVENUE. The Customs revenue received at the port of Wellington on Saturday aggregated, £2772. 1

Buyers. Sellers. Minina— Jt a. d. Jt a, d. Mount Lyell Wairarapa Gold Claims * 1 2 0 5, 9 3 6 Vogel’s Vision 0 6 0 0 8 Lotna" Inscribed Stock (1S39> — 96 12 6 Inscribed Stock (1938) 96 5 0 96 10 0 Inscribed Stock (1833) — 101 0 0 War Bonds (1938) — 96 12 6 Debentures— 6 0 N.Z. Breweries Banker* i i 1 2 New'Zealand 2 12 9 f2 18 0 New Zealand (rights)..i Financial— — 1 11 6 Equitable Building ... 9 0 0 — National Mortgage ... — 4 3 0, IVn. Trust I.oan 5 U 0 , .***-. GasM-. Auckland 1 4 6 1 5 0 Christchurch —• 7 15 0 Wellington. (pref.) —* 0 16 9 Insurance— National Meat Preserving— 3 12 6 6 N.Z. Refrigerating (10s) 0 10 0 0 10 Transport— Huddart-Parker (ord.) •2 5 9 Huddart-Parker (pref.) *1 0 6 ' Coal— Westport 1 11 9 1 12 3 IVjfsipa i Timber-... 1 1 0 f .. ~ Kauti -Leyland O’Brien • 1 13 0 2 12, 0 6 National 1 4 0 1 4 Breweries— Wardand Co. Miscellaneous— 3 0 0 Burns Philp and Co.... Electrolytic Zinc 1 15 9 1 16 9 (pref.) — mo 3 Farmers Co-op. Anct. (ord.) s a 0 ' - r —— Howard Smith — 1 16 6 N.Z. Drug 3 4 0 • N.Z, Paper Mills 1 1 0 11 6 Taranaki Oil Fields ... — 1 10 6