THE WORLD OF COMMERCE

New Zealand Times, Volume LII, Issue 12195, 21 July 1925, Page 6

THE WORLD OF COMMERCE

WELLINGTON STOCK EXCHANGE YESTERDAY'S QUOTATIONS (2.15 p.m, Cain. Yesterday's closing quotations for premiums of investment, as advised by the Wellington Stock Exchange, are as follow

W ilson's Cement 1 18 0 1 13 6 fCum rights. *Ex prem. Sales reported.—Bank of N.S.W., ,£4l 10s; Union Bank of Australasia, J?l4 17s 6d; Gear Meat Preserving Co., £2 2s Cd. SALES IN OTHER CENTRES. Per Press Association. AUCKLAND. July 20. Sales on 'Change.—N.Z. Breweries, debentures, 225; Northern Boot, 20s 6d; Soldiers' Loam Inscribed, .£lOl 15s. Sales: Inscribed Stock (1838), 3597 ; Union Bank, «014 16s 6d; South British Insurance, 50s; Auckland Gas, 23s sd, 23s 6dj Dominion Rubber, 56s 3d. CHRISTCHURCH. July 20. Reported sales. —Goldsborough Mort. (cum rights'). 47s Id. Sale on 'Change.—Bank of New South Wales, £4l 2s 6d. Sales reported.—Commercial Bank of Australia (pref.), £6 17* 6d; National Insurance, 77s 3d; Goldsbrough Mort. (cum rights), 47s (two parcels); ditto (rights), 9s 6d (two parcels). Sales on 'Change.—National Bank of Australasia (<£s paid), £8 ss. ’ DUNEDIN, July .20. Sales.—Dominion Rubbers, 56s 6d, 575, 56s 6d: N.Z. Dyugs (cont.), 8s 6d prem.; St. Bhthane, 8s prem. Sales : Dominion Rubber, 555, 545, wool sAuTiiTSydney MERINOS ADVANCE IN PRICE NO CHANGE IN CROSSBREDS. By Telegraph.—Press Assn.—Copyright. (Received July 20, 11.5 p.m.) SYDNEY, July 10. The wool sales were resumed to-day, after suspension for nearly three months. There was a full attendance of buyers, and a strong market ruled for all best merino descriptions, at prices showing an advance of 5 to 7$ per cent, on pievlous sales. All other merino descriptions, as well ns comebacks and crossbreds, showed r.o change. Greasy merino sold at 323 d, comeback to 213 d, and crossbreds to 19jd. WAR OFFICE CONTRACTS AND EMPIRE PREFERENCE. In the matter of War Office contracts and all public meat contracts, the London manager of the New Zealand Meat Producers' Board is continually pressing on the authorities the importance of preference to overseas parts of the Empire. N Some months ago the War Office, in calling for tenders for a supply of beef for Army purposes, amended tne conditions of their contract form by asking for quotations for “British Dominions and/or South American at the contractor's option." The effect of this alteration was to absolutely cancel any preference to the British Dominions, and the Meat Board's London manager made a strong protest against the change. It is now pleasing to note from conditions of contracts received by the lasi mail from London that the War Office, has reverted to the previous custom of asking for quotations only for British Dominions* meat and South American. Evidently the protest made by the board's London manager lias had some effect. PRODUCE MARKETS I.aery and Co., Ltd., report wholesale prices ns follow:—Mixed fowl feed, 7s 6d Per bushel, sacks in; linseed meal (Moose brand), 16s; linseed nuts (Moose brand), 14s; meatmen], for poultry. 13s per cv.*t; oyster shell orit or pipi shell grit. f>s 6d per 1061 b; maize, 7s, crushed 7s 6d per bushel; oats, machine dressed seed Algerians, 5s 4d. crushed 5* 6d. Dunns 5s 3d to 5s lid. Gartons is 6d to 3s Id, blucK oats 4s lOd per bushel, sacks in; short outs, for poultry, 5s 3d per bushel, 6'icks In; shelled oats, for chickens. fls to 6s 4d uer bushel: barley, feed, 5s 9d per bushel, sacks in: eggs, first grade new .laid 2s Bd. storekeepers' lines 2s 6d to 2s 7d; butter, farmers' seperntor and (tniry Is 4d per lb: fowls. White Leghorns 4s 6d to 5* 6d, Black Orpingtons and isimilar .varifV’es 7s to 9s per pair; turkeys. Is to Is 3d per lb: duck**. Runners 8s to 9s 6d, large whites 10s to 13s per pair: fungns, 7d to 9d per lb: dressed pork. 60's to 90’s. 7d to 7ld per lb, sucking pigs 7d to 8d per lb; Sucrotdne, 3512 per ton; Blenheim chaff. £8 5s per ton, sneks in; wheat, 8s 2d to Bs' 4d jx>r bushel, sacks in; feed pens, 6s 10d ppr bushel, sacks in: rock «nlt. 5s 9d to Ce per bag: Canterbury table potatoes, ton lots, ,£8 5s ner ton, sacks in: seed potatoes, Canterbury grown, ton lots. Sutton SunTeme ,£l3 10s. Early Begents JB9. Red Dakotas £7 10s. New Era £3, Arran Chief <£7. Gamekeeper* .£7 per ton. jacks in, small lots TOs per ton extra: moln-sc*. in casks 42> 6d per cask, in cwt case® 8* 6rl r*er ense: mutton birds. New Zealand, in kits, salted 104 d, cooked each. CUSTOMS REVENUE. The Customs revenue received at the port of Wellington yesterday aggregated ,£13,578.

Buyer*. Sellers. £ 8. d. £ 8. d. N.Z. Govt. I/oans— Inscribed Stock (1939) 97 0 0 — Inscribed Stock (1938) 97 0 « 97 5 0 Inscribed Stock (1933) — 101 10 0 War Bonds (19881 97 0 0 — AVar Bonds (19301 97 0 0 97 10 0 P.O. Bonds (1927) — 98 5 0 Debenture*— Wn. Racine Club — 108 0 0 N.Z. Breweries (bonds) 1 2 0 1 2 2 Banka— Commercial of Austrnlia (ord.) 1 10 National of N.Z *6 10 0 1 10 6 0 — New South Wales ...... — 41 10 0 New Zealand — 2 16 3 Union of Australia ... 14 16 0 f!4 19 0 Victoria 7 10 0 +7 13 6 Financial— Abraham & Williams (ord.l — % 6 0 Wn. Invest. T. and A. 0 JO 3 to 10 b Gas— Christchurch — 7 18 0 Wellington (oref.) 0 16 6 — Insurance— National — 3 17 9 New Zealand' — tl 15 2 10 0 South British — 0 Standard 2 4 6 — Meat Preserving— N.Z. Refrigerating (JE1) — t0 19 3 N.Z. Refrigerating (10s) 0 9 1 tO 9 3 Gear — 2 2 6 Wn. Meat Export («£3 12s 6d) — ' Transport— 1 9 6 Huddart-Parker (ord.) 2 4 6 2 1 9 Union Steam (pref.) ... 1 0 0 — Woollen — Kaiapoi (ord.) — 0 14 9 Kaiapoi (contrib.) — 0 6 0 Wellington (ord.) 6 4 0 — Wellington (pref.) 6 5 Timber— 0 ' ~ Kauri 1 12 3 — l.eyland O'Brien 2 16 0 _ Rotoiti — 1 2 3 National 1 2 0 1 2 3 Breweries— Crown 1 17 0 — Manning and Co 1 17 0 — Miscellaneous— Burns. Philo and Co. 1 15 6 — P.I.C. (ord.) «0 5 0 — D.I.C. (pref.) 1 0 Electrolytic Z i n o 6 (pref.) — tl 11 0