THE WORLD OF COMMERCE

New Zealand Times, Volume LII, Issue 12323, 18 December 1925, Page 8

THE WORLD OF COMMERCE

WELLINGTON STOCK EXCHANGE YESTERDAY'S QUOTATIONS (3.»%m. Call.)

Yesterday's fcleidng quotations for promiums of-investment and mining stocks, as advised byvthe Wellington Stock Exchange, are as follow:

S. George Nathan and Co., Stock anil Sharebrokers, members Wellington Stock Exchange. Tol. address: ‘'Beta/' Wellington.*

SALES IN OTHER CENTRES. Per Press Association. AUCKLAND, December 17. Sale on 'Change.—Wilson’s Cement. 31s Gd Sales reported.—Bonk of New South Wales. £53; Taranaki Oil, 15* 2d. Sales: Now Zealand Inscribed Stock

.£96 ss; Commercial Bank of Australia, *3s; Bank of New South Wales, £43; New Zealand Insurance, 375; Auckland Gas, 23s 3d; Parker and Lamb Timber, 295; Taranaki Oil, 15s 3d. CHRISTCHURCH, December 17.

Sales on 'Change.—North Canterbury Hospital Debentures, 5£ per cent. (1932;. £93; Huddnrt-Parker, 445; New Zealand Refrigerating (con.), 7s 3d, 7s Id, 7s; Manning's Brewery, 41s 9d; Staples' Brewery, 41s. Sales reported: Staples's Brewery, 41c 3d (seven parcels); Electrolytic Zino (pref.), 33s (two parcels). Sales on 'Change: Mercantile Finance Corporation (5s paid), 4s 6d. DUNEDIN. December 17. . Sales.-—Huddart-PaAer, 445. LONDON WOOL SALES < MURRAY. ROBERTS AND CO. Messrs Murray, Roberts and Co., Ltd* are in receipt of the following wool mar* ket cablegram from their‘London agents, dated. 10th instant: Sales closed with better tone. Improved competition good wool; faulty wool generally neglected. Principal buyers Bradford, Compared with present London sales opening rates —Merino, best descriptions, declined par to 5 per cent ; good declined 5 per cent; inferior declined 10 per cent; crossbred, greasy, fine, market shows no change; medium to fine, market shows no material change; medium, par to 5 per cent, decline; coarse, 5 to 10 per cent.; crossbred scoured and crossbred slip© declined 10 per cent. Quotation, showing prices at close t f present series and opening of series ■>< parentheses6o to 64's, New Zeala .

merino, yielding 48 per cent.. 21id (22dj; 56'e, yielding 60 per cent.. 21a (21d); 50*6, yielding 65 per cent., 17|d (18£d); 44 to 46's, preparing, yielding 74 per cent., 15d (16!d); 44 to 46's, carding, yielding 72 per cent., 14$d (16d); 40 to 44*6, yielding 73 per cent., l4£d (16d); 36 to 40's, yeiluing fo per cent., I3*d (15d). BANK OP NEW ZEALAND. The Bank of New Zealand, produce do* partment, >hae received the following advice from its London office, under date 16tli inst:— The sales have closed firm for all kinds of wool. Compared with the opening r.t this series prices for all crossbreds are Id to 14d per lb lower. Current quotations—Crossbreds, fine 16d to 17d per lb, medium 14d to 15d, coarse 13d to 14d; halbreds, 17d to 20d; merinos, super 25d t> 27d, ordinary 22d to 23d. inferior 13d to 20d. . Messrs Dalgety and Company, Limited, report having received the following cablegram from their London house:— “Wool sales closed with good competition at recent decline. As compared with last sale's closing rates greasy merino wools, ljd to 2d lower; scoured merinos, 3d to 4d lower; greasy halfbred, £d to Id lower; greasy fine crossbreds,: Id to lid lower; greasy medium crossbreds, id to Id lower; greasy coarse crossbreds, par to Jd; scoured crossbreds, Id to lid lower; slip© wools, par to Id lower; lambs’ wool, Id to Id lower. 164,000 bales of wool offered, including 62,000 New Zealand and 24,000 South. American. Of this 112,500 bales colonial, 25,500 South American and sundry were sold. The Continent took 73.500, Home trade 59,500, America 5000 ; 35/KM) bales were carried forward, of which IS,500 were not offered. AUSTRALIAN MARKETS GENERAL PRODUCE PRICES. By Telegraph —Press Assn.—Copyright. (Received December 17, 9.5 p.mA SYDNEY. December 17. Wheat, 6s Id, ex trucks. Oats, Tasmanian white giants, 5s 9d t 5s lOd; Algerian, 4s 7d. - Maize, 5s 9d. Potatoes, old £2O, new £l9 to £25. Onions, £l3 to £l4. ADELAIDE, December 17. IVheat.—Growers* Jots, 5s 10ld, 6s. Oats, 2s 9d. CUSTOMS REVENUE. The Customs revenue received at the port of 'Wellington yesterday aggregated £16,566.

Buyers. Sellers. £ 8. d. £ 6. d. N.Z. Qovt. Loans— Inscribed Stock (1939) _ 96 10 0 Inscribed Stock (1938) 96 0 0 — Inscribed Stock (1933) 99 0 0 — War Binds (1939) 96 0 0 96 10 0 War B6nds (1933) L\t). Inscribed Stock 99 0 0 — <1929)7. P.O. Inscribed Stock 97 0 0 (1927) •... 97 10 0 — P.O. War Bonds (1927) 97 10 0 — Debentures — Wellington Racing Club * ...... —- 107 10 0 N.Z. Breweries (bonds) 1 4 10 — Christchurch Drain* age, »} p.c: (1938)... 100 0 0 Commercial of Austrolia (ot-d.) 1 13 0 1 13 6 National of N.Z — •6 18 6 Union *pf Australia... 14 18 0 15 0 0 New* South Wales ... 42 5 0 _ New Zealand ............ — 2 16 9 Financial— N.Z. Guaranttee Corp. 0 10 N.Z. Guaranttee Corp. (ord., 6s) ' — 0 7 10 N.Z. Guarantee Corp. (pref.) ?. 1 1 3 __ Wn. Trust Loan W right,. Stephenson (pref.J 6 8 6 — 0 17 0 — Gas— 13 2 Insurance— National 3 19 0 South British 2 14 6 Meat Preserving— N-Z. Refrigerating (10s) 0 7 9 Transport— Huddart-Parker (ord.) 2 4 2 4 9 Union Steam (pref.)... tO 19 6 — Woollen— ) Wellington (ord.) — 6 1 0 Coal-* Westport _ 1 12 0 0 17 Timber— 1 11 Ceyland . O'Brien 1 19 0 12 1 0 1 3 Breweries— Manning and Co 2 1 6 2 2 2 Staples .and Co 2 1 0 2 2 « N.Z. Breweries 2 19 6 3 0 6 M iscelln neous — Burns, Philp and Co 1 17 0 1 18 0 Colonel Sugar Electrolytic Zinc 53 9 0 — (defd., ord.) Electroyltic Z r*n c i ii 6 “ 1 12 9 Howard, Smith 1 15 9 1 16 9 Hume Pipe (Aust.) ... Kirkcaldie and Stains 0 14 3 0 Newton King (ord.)... 0 10 0 Newton King (pref.) ... — 10 17 0 N.Z. Drug — 3 8 0 N.Z. Milk Products.... Wairarapa Far mers* — 1 13 0 9 (£V 0 18 W nirarapa Farm era* 0 (uref.) 0 17 Wilson's Cement 1 14 6 — Mining— Mt. Lyclt *1 6 9 Waihi 1 4 0 0 5 10 •Cum dir. tF.x div. lEx distributing. Sales reported: Commercial Bank of Australia (ord.), .£1 13s 3d* Hume Pipe (Aust.)» 14s Cd.