THE WORLD OF COMMERCE

New Zealand Times, Volume LIV, Issue 12660, 21 January 1927, 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 the Wellington Stock Exchange, are as under;—

Sales reported.—National Bank of New Zealand, £7 2s 6d; Wilson's Cement, ,£1 15s 3d. SALES CENTRES Per Press Association. DUNEDIN, January 20. Sales on 'Change.—Milburn Lime and Cement (rights), 3s lOd, 3s lid (two). Reported sales. —National Insurance, 745; Bank of New Zealand, 595. AUCKLAND, January 20* Sales. Bank of New Zealand, 595; t Northern Steam, 13s; Kawarau, 3s 9d; 1 New Zealand Breweries* Debentures, 24s ! 6d. j Sale reported.—Bank of New Zealand, 46s 9d. Sales: War Bonds (1930), 4$ per cent., i £O7 10s; New Zealand Breweries (deb.), 24s 6d ; Bank of New Zealand, 595; National Insurance,' 745; South British Insurance, 56s 9d; Northern Steamship, I3s; Wilson’s Cement, 355; Moanataiari (contrib.), 4s 4d; Kawarau, 8s 9d; New Waiotahi (contrib.), Is 4d. CHICAGO WHEAT FUTURE Australian and N.Z. Cable Association. CHICAGO, January la. Wheat: May, 1 dollar 39J cents; July, 1 dollar 30j cents; September, 1 dollar 27i cents. CALCUTTA TEA SALES COMPETITION SLACK. * x Australian and N.Z. Cable Association. CALCUTTA, January 19. At the tea sales a large proportion of the offerings were of poor, stalky des- , cription. Excepting for the better classes, which were in good demand at late rates, competition was slack, prices declining j to 2 annas. Average prices were Commonest leaf, 7 annas 6 pies to 8 annas 6 pies; commonest broken leaf, 7 to 8 annas; ordin-. ary common Pekoe Souchong, 8 to 9 annas; lowest even leaf. Pekoe, 8 annas 6 pies to 9 annas 6 pies. londoFwool sales The Department of Agriculture lia6 received the following cablegram, dated 19th instant, from the High Commissioner for New Zealand, London :—"Wool sales opened yesterday (Tuesday), with large attendance. Continental section well represented, and excellent competition. Compared with closing rates for last series, finest merino 5 per cent, dearer; others, merino fine crossbred par to 5 per cent, higher, coarse crossbred and medium crossbred firm and unchanged. Total available for series 131,000 bales, of which 42,000 New Zealand, 81,000 Australian, and 4000 South American.” LONDON TALLOW SALES Messrs Dalgety and Company, Limited, report having received the following cablegram from their London house under date of the 19th instant:—"Tnlloiv: 1165 casks offered. 361 casks sold. Prices 110010086(1." The Bans of New Zealand, produce department, has" received the following advice from its London office under dote 19th instant:—"Tallow: In fair demand ; at current prices. Quotations: Good 1 mutton, 38s per cwt; good beef, 36s Cd to 37s per cwt; good mixed, 36s per cwt; gut, 32s to 31s per cwt.” CUSTOMS REVENUE The Customs revenue received at the port 3 „f Wellington yesterday aggregated

Government Loans--Inscribed Stock (1939) Inscribed Stock (f?S3) War Bonds (1930) P.O. Inscribed Stock (1929) Buyers. £ s. d. Sellers. £ a. d. 96 15 0 101 5 0 SS 0 0 99 0 0 Debentures— Petone-Lower Hutt 51 p.c. (1927-1952) , Napier Harbour Board, b} p,c. (1943) 00 10 97 10 0 0 Inglewood Borough, 6 98 10 o Makerua Drainage.,.. Pahiatua Borough 5 p.c. (1935) Banks— Comm, of Aust. (ord.) National of N.Z 1 13 7 1 0 0 101 0 95 10 7 ~3 0 0 0 3 Union of Australia... Financial— Wn. Dep. and Mort.... Gas— Christchurch Wellington (ord.) Wellington (pref.) ... Insurance — National New Zealand South British Meat PreservingGear Transport— Huddart-Parker (ord.) Huddart-Parker (prof.) Union Steam (pref.) ... "Woollen— 15 8 1 5 1 6 0 16 S 13 *1 17 2 16 1 0 1 0 6 3 3 0 6 3 0 9 0 9 *15 11 0 10 3 15 2 17 1 16 2 8 0 3 0 0 0 0 Timber— 1 8 2 2 0 15 1 0 2 0 0 0 Leyland O'Brien Breweries— Manning and Co Mew Zealand "aples and Co 2 12 1 15 2 11 55 10 1 16 1 17 0 3 . 0 Miscellaneous— British Tobacco (Aust.) (ord.) "urns, Philp and Co. 'Colonial Sugar Electrolytic Zinc (ord.) Electrolytic ' Zinc (pref.) 6 0 6 2 13 2 0 *1 17 *1 18 0 9 6 6 4 0 National Electric N.Z. Drug N.Z. Milk Products (bonds) Dominion Investments Scoullar and Co Sharland and Co. (ord.) Smith and Smith 1 1 1 1 0 17 3 11 1 2 1 2 1 2 0 19 9 6 6 8 6 Wairarapa Par mers' Wilson's Cement Mining—* "Waihi 1 14 0 17 n a 7 0 6 *Cum. div.