THE WORLD OF COMMERCE

New Zealand Times, Volume LII, Issue 12249, 22 September 1925, Page 8

THE WORLD OF COMMERCE

WELLINGTON STOCK EXCHANGE YESTERDAY’S QUOTATIONS (3.15 p.m. Call.) Yesterday’s closing quotations for •premiums of investment and mining stocks, as advised by tlie Wellington Stock Exchange, are as follow : Buyers. Sellers. £ s. d. £ s. d.

SALES IN OTHER) CENTRES. Per Press Association. CHRISTCHURCH, September 21. Sales reported : National Insurance, 75s fid; Mount Lyell Mining, 22s sd. Sales reported.—New Zealand Refrigerating (paid), 18s 3d; ditto (cont.), 9s 2d; New Zealand Malay Rubber (ord.), 30s; Mt. Lyell Mining, 22s fid (two parcels). Sales on 'Change—National Insurance, 75s 6d; New Zealand Breweries, 42s 6d; Mt. Lyell Mining, 22s sd. DUNEDIN, September 21. Sales on 'Change: Dominion Rubber, 48s; Kawarau, 10s 9d. AUCKLAND, September 21. Sale on 'Change: New Zealand Insurance, 3fis. Sales reported: Milne and Choyce, 24s 6d; New Zealand Breweries, 42s 4d; Wilson's Cement, Ms 3d. Sales.—War Loan (1938), £97; City of Auckland Debentures (1940), £95 10s; Milne and Choyce? Debentures, . 24s 6d; New Zealand Breweries, 42s 4d and 42s Bdi; Taranaki Oil, 21s; Wilson's Cement, 84s 3d; Nonpariel, Bd. LONDON PRODUCE MARKETS HIGH PRICES RULING. The Bank of New Zealand (produce department) has .received the following advice from its London office under date 18th instant: "Butter firm and advancing; 206 s to 208 s per cwt. "Cheese firm on short supplies; white, 110 s to 112 s per cwt; coloured, 108 s to 110 s per cwt. "Frozen meat: The advance in wether mutton is likely to be maintained. The market for ewes is improving. Lamb is expected to go higher owing to short supplies. Beef is firm, and moderate business has been done. Wethers, light 7sd to BJd per lb, heavy 7d fo 7sd; ewes, s|d to 61d; lambs, under 421 b, 10|d to 12d; over 421 b, 9jd to 10id; seconds, lid to ox hinds, s|d to s|d; ox fores, 4d to 4id; cow hinds, 5d to sid; cow fores, 3id to 3id." DAIRYPRODUCE BUTTER AND ’CHEESE FIRM. Messrs Joseph Nathan and Co., Ltd., have received the following cable from their London house, dated September 18th:—"New Zealand butter, 210 s to 2125; market firm." The New Zealand Producers' Co-opera-tive Marketing Association, Ltd., forward copy of the weekly cabled market report, dated London, September 18th: "Butter—Market firm. New Zealand, 206 sto *2oßs, unsalted same price. Australian, 198 sto 200 s. Canadian, 192 s to 1955. Argentine, 184 sto 188 s. Irish, 198 s to 200 s. Danish, 2205. Latvian, 182 sto 188 s. Sibeftan, 174 sto 178 s. "Cheese—Market firm. New Zealand, 108 sto 110 s. Canadian, 109 sto 1125." DAIRY PRODUCE EXPORTS AUSTRALIA AND~ ARGENTINE. Advice has been received by the Dairy Division that in Australia there was graded during August 35,429 boxes butter, 2587 crates cheese, and that the shipments from Australia to the United Kingdom during August were 17.866 boxes butter. The division is also in receipt of advice which arrived by cable from the Argentine Dairy Association, reading as follows "The shipments for August were 911 tons butter, four tons cheese, 998 tons casein. Owing to more favourable weather, the output is being increased." STOCK SALE FEILDING PRICES. Dalgety and Co., Ltd., Palmerston North, report having a fair yarding of both sheen and cattle at their Feiiding sale on Friday, the 18th instant, which met with a fairly keen demand. Quotations:—Fat wethers, 395, .£2 Is lOd, to £2 3s fid; fat ewes. 39s to ,82 1s; 4-year f. and f. owes. 25s 7d to 27s 8d: cnmty ewes, 13s to 15s fid; small hoggets, 20s; mixed hoggets, 29s ‘Jd; 4-tooth wethers, 37s 6d; fat cows, £5 7s. £6 2s 6d, £7 5s to £9 7s: bullocks, £lO 2s fid; Jerseys and yearling heifers, £2 15s; spring heifers, £9 12« fid. £% 2s fid to £3 10s; storo cows, £2 £2 12s fid. CUSTOMS REVENUE. The Customs revenue received at the port of Wellington yesterday aggregated £ll.OOl. S. George Nathan and Co.. Custom* house Quay. Wellington, Chief City Aeents for Phoenix Assurance Co., Ltd., 03s t mhfrm Guar.— Advt. !

N.Z. Govt. Loans— Inscribed Stock (1930) . 97 0 0 Inscribed Stock (1938) — 97 0 0 War Bonds (1941) — 97 0 0 P.O. Inscribed Stock (1927) — 93 15 0 Debentures— Wellington Facing Club 107 15 0 N.Z. Breweries (bonds) 2 4 1 2 7 Banks— Commercial of Aust. (ord.) 1 11 9 1 12 3 Commercial of Aust, (pref.) 6 15 0 — National of N.Z — 6 13 6 New South Woles +1 5 0 — New Zea’and a 16 9 — Financial— Abraham & Williams (ord.) i 0 0 N.Z. Guarantee Corp. (pref.) l l n — Wn. Invest. T. and A. 0 10 0 — N.Z. and River Plate... 1 1 3 — Wn. Trust Loan 4 0 — W. Deposit and Mortgage — 0 9 9 Gas— Gisborne * — 0 13 3 Napier (pref.) :.... — 9 15 0 Insurance— National 3 15 6 — South British — 2 11 9 Meat Preserving— Gear — 2 1 9 Transport— Union Steam (pref.) ... 1 0 2 P.O. Deferred Stock... — 280 0 0 Woollen— Wellington (ord.) — 6 6 0 Wesifcort 1 10 0 —. Waipa — 1 2 6 Timber— Leyland O'Brien — 3 0 0 Potoiti — 1 2 3 National — 1 2 3 Breweries— Crown 1 4 0 — N.Z. Breweries 2 2 0 — Ward and Co 3 4 0 3 7 0 Miscellaneous— Burns, Pliilp and Co..., 1 17 6 Dental and Medical Supply — 0 17 6 Electrolytic Z i n o Def'd. (ord.) 1 9 0 Electrolytic Zinc (pref.) — 1 10 0 Howard Smith — *1 14 6 Wellington Cordage ... — Tl 1 O Cement 1 14 0 1 15 0 MiningMount Lvell ....l 1 2 6 1 3 0 Vogel's Vision (5s pd.) *Ex div. fCum div. 0 10 0