COMMERCE AND FINANCE

Otago Daily Times, Issue 22790, 27 January 1936, Page 14

COMMERCE AND FINANCE

FOREIGN EXCHANGES (British Official Wlrelesa.) (United Press Association.) (By EJectrio Telegraph—Conyrlght.)

ON NEW ZEALAND CURRENCY BASIS The Bach of New South Wales. Dunedin, quoted the following rates for purchases and sales cf foreign exchange on Saturday:— London— Buying. Selling.

DOLLAR RATES The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates on Saturday oh a New Zealand currency_ basis. They are subject to alteration without notice.

NORTHERN EXCHANGES AUCKLAND

CHRISTCHURCH

LOCAL AND OVERSEAS MARKETS

THE SHARE MARKET DUNEDIN STOCK EXCHANGE Bank of New Zealands were disposed of at £2 7a 7d on the Dunedin Stock Exchange on Saturday morning, a final seller at £2 7s 9d failing to attract further buyers. Commercial Banks were inquired for at 18s Bd, but sellers did not come forward. National Insurances were on offer at the slightly easier price of 19s, but buyers were not interested. • Contributing New Zealand Refrigeratings were offered for sale at 10s lOd, but buyers would not give more than 10s Bd. Mortgage Corporations were inquired for at 4s 3d, sellers remaining unchanged a£ ss. Milburn Limes changed hands at £2 4s 9d, the closing buying and selling quotations being £2 4s' 6d and £2 4s 9d respectively. Buyers of Mount Lyells offered the firmer price of £1 2s, but sellers would not do business under £1 3s. SALES REPORTED.

Unlisted Stocks Associated Motorists (pvef.) 15 0 WELLINGTON

LONDON MEAT MARKET

(United Press Association) (By Electric Telegraph—Copyright) LONDON, January 25, (Received Jan. 26, at 8 p.m.)

SYDNEY STOCK EXCHANGE (United Press Association) (By Electric Telegraph—Copyright) SYDNEY, January 25. (Received Jim. 26, nt 5.5 p.m.) The following sales were made this

LONDON MARKETS (United Press Association) (By Electric Telegraph—Copyright) LONDON, January 25. (Received Jan. 26, at 7 p.m.) Friday’s closing prices were as follows: — „ _ , Cotton: Spot, 6.17 d per lb; February, 5.94 d. ; . - , , Rubber: Para, 7d; plantation smoked. Jute: January-February, £l9 15s. Copra: February-March South Sea, £l4 12s 6d; smoked, £l3 12s 0d; plantation Kabaul, £ls 15s. Linseed oil, £29 10s. Turpentine, 44s 3d. MERCHANDISE MARKET The Wingatui is now at the wharf with a cargo- of sugar. The next sugar boat will be the Waimariuo, due on January 29. - A new packing of tobacco, “ Four Star, will make an appearance on the market on February 1. Further supplies of Hawaiian pineapples will come to hand, ex the Niagara, T>y the Waimarino. A shipment of Australian tinned fruit salad will be landed ox the Marama, on her next trip from Melbourne. A shipment of Canadian herrings, in sauce, and sardines, in oil and in sauce, has just reached the market. The canary seed market is very firm. Stocks of Jordan almonds are low_ in the merchandise houses. The indent prices are very high. The cheese market remains very firm. v. Supplies in Australia of Mildura dried fruits are reported to be exhausted, and local stocks are in very short compass. Some local houses are indeed now without stocks. New season’s supplies should be available about the end of April or the beginning of May. The quotations for the new season s New Zealand canned fruits should he on the market in a day or two. It is expected that apricots and peaches wi 1 show an increase in price. DAIRY PRODUCE MARKET The New Zealand Loan and Mercantile Agency Company, Ltd., has received the folloijTpg advice from its London house, dated January 22: — Dairy Produce. —New Zealand choicest salted buttej 1 ,91 s per cwt; cheese, white 52s per cwL coloured 555. The markets are quiet. Jlie South Island Dairy Association, Ltd., has received the following market report from the New Zealand Produce Association, Ltd., London, dated January 25; Butter is firmer, with values at 91s to 92s (Danish I14s). Chees.e is the same,'white being quoted at 52s to 52s 6d. and coloured 55s to 55s 6d.

LONDON METAL MARKET

AMERICAN DOLLAR FALLS ' (United Press Association) < (By Electric Telegraph—Copyright) NEW YORK, January 24. (Received Jan. 20, at 8 p.m.) With tlte Government’s fiscal situation steadily appearing more complicated and rumours persisting that some new monetary move is being considered in Washington the dollar fell heavily in foreign exchange markets to-day. Sterling advanced to 5.02 i, the highest since September, 1934, and the franc was quoted at 0.08. Government bonds were universally lower.

MINING NEWS MOSSY CREEK DREDGE (Peg United Press Association) GREYMOUTH, January 26. The Mossy Creek dredge return was 40oz 12dwt from 12,379 yards in 115 hours. Owing to the continued dry weather work has been considerably hampered by the small amount of water available. ROSS FLAT CLAIMS (Per United Press Association) GREYMOUTH, January 26. It is understood that an Australian mining company has made arrangements with the claim-holders of Ross Elat to undertake boring operations with the object of testing the area both in the intermediate and lower levels, and intends to exercise an option if the prospects arc equal to expectations. GILLESPIE'S BEACH DREDGE The secretary of Gillespie's Gold Dredging Company, Ltd. (Mr F. R. Thompson), reports that the wash-up for the week ended January 24 was 48oz 18dwt for 131 hours’ dredging. ADDISON'S FLAT (Per United Press Association) WESTPORT. January 25. The Addison’s Flat Gold Mining Company has recommenced operations after shifting the plant to the part of the property known as Gallagher’s lead. Shortage of water resulted in a loss of shifts, and the return to date for 21 shifts is 250 z sdwt. Some preliminary development wo'rk was included in the shifts mentioned. DAIRY PRODUCE PRICES (Per United Press Association) WELLINGTON, January 25. The Dairy Board has fixed prices on the basis of butter lid and cheese s’Jd, equivalent to 80s Id and 49g 7d, c.i.f.e. LONDON PRODUCE MARKET The Bank of New Zealand has received the following advice from its London office under date January 24: Frozen Meat.—The market for wethers is rather easier, and for ewes’ is steady. The lamb market is quiet and unchanged. Trade is affected by abnormal conditions. Wethers, light, 4«d to 5Jd per lb; wethers, heavy, 3id to 4£d per Hi; ewes, 2Jd to 3,fd per lb; Lambs, two’s, 7Jd to 8d per lb; lambs, eight’s, 73d to 8d per lb; lambs, four’s, no quote; lambs, seconds, 73d to 71 d per lb. REGISTRATION OF COMPANIES The Mercantile Gazette reports the registration of the following companies:— Criffel Land Co., Ltd.—Registered as a private company December 20, 1935. Office: National Bank Buildings. Hclmorc terrace, Cromwell. Capital: £IOOO into 1000 shares of £1 each. Subscribers: Pembroke—G. L. Morris 999, G. A. Morris 1. Objects: To acquire from G. A. Morris freehold run 512 together with all stock, plant, implements, and chattels; to acquire and deal in property as the company may think fit. Fulton Hogan, Ltd.—Registered as a private company December 30, 1935. Office: Office of R. S. M. Sinclair, public accountant, Princes street, Dunedin. Capital: £IO,OOO into 10,000 shares of £1 each. Subscribers: Dunedin—J. H. Fulton 6715, R. Hogan 4285. Objects; To carrj) on in New Zealand or elsewhere the business of practic.%l and consulting engineers find contractors. LONDON WOOL MARKET Messrs Murray, Roberts, and Co., Ltd., have received the following wool market cablegram from their London agents, dated Janunry'24:—“Sales continue with a good tone, competition keen; greasy merino, market shows a hardening tendency; crossbred greasy best descriptions, advanced a shade.” The Bank of New Zealand has received the following advice from its Loudon office under date January 24:Wool,—Compared with the opening of the series there is no material change. The demand for new clip wool is very good.

FRUIT AND PRODUCE WORLD Reilly’s report selling;— Per Dozen.—Cabbage, 2s; cauliflowers. 4s to 6s; cucumbers, 6s Cd to 9s; carrots, Is; beet, Is 4d; lettuce, choice. Is to Is 6d; eggs, poultry keepers 1b 4d, storekeepers Is 2d; raspberry buckets, 42 s 6d. Each.—Knapsack sprayer, £4 15s, Champion egg crates, 24 dozen. 17s 6d. Californian lemons, 50s; New Zealand lemons, 10s to 18s; bananas, ripes, 245; Californian grapefruit, 355; Californian navels, 425; raspberries, 4s Cd to 7a per bucket; loganberries, 7s; apples, Graven-, stein 7s to 8s 6d. Alfristons /s to 8s; pineapples, 20s. Per Half-case. —Outside cucumbers, 5s 6d: Nelson tomatoes, 7s to 10s Cd: peaches, 3s 6d to 5s Cd; apricots, 4s Od to Os; cherry plums, 2s to 3s; dessert plums, 3s to 4s Cd; cooking plums, Is Cd to 2s 3d; Jargonelle pears. 3s 3d to 4s; nectarines, 4s Cd to Cs. Per Pound.—Local grapes. Is 3d to Is sd; local tomatoes, firsts IOJd to Is, seconds 7id to 9d; Christchurch tomatoes firsts 9M to lOd, seconds, small CM to 8d; apricots, 3Jd to sd; peaches, Jet to 4M; nectarines, 4d to 4Jd; plums. 2Jd to 4d; apples, Beauty of Bath 2Ad to 34d: strawberries, dessert 8d to Is, jam Cd to 7d; raspberries, 7d to 9d per pottle; black currants, 4id to sd; red currants, 4d to 4M; gooseberries, Id; rhubarb. Id; green peas, choice lAd to 2d, old and discoloured unsaleable; butter beans, 5d to 54d; scarlet runners, 4M to 54d: Prench beans. 4M to sd; broad beans, Id; marrows. Id; mushrooms, 9Jd to Is; peanuts, 4d; walnuts, Od to 8d; tea, Orange Pekoe 2s Cd; butter, storekeepers 9d; bacon, prime lid; porker and bacon pigs, Od. overweight 3d. Per cwt, —Canterbury onions, 10s, oyster grit, 6s 6d; woodwool, 265; potatoes, 7d; coconuts. 16s Od per sack. Olive oil, 12s gallon; Girafte lime sulphur 8 gallons 2s, barrels le 9d; Semesan and Granosan, 2oz 2s 3d, lib 8s; Blackleaf “ 40,” British, 101 b 455, lib 8s 6d, 41b 4s Cd; patent codlin moth tree bands, 200 ft lengths, 17s 6d; arsenate of lead paste, 9d to Is 3d; powder. Is to Is Cd; red oil, 5s Cd; French Bordeaux, Is Id. Fowl wheat, 0s; partridge peas. 6s Cd: maize 5; Cd; kibbled maize, 6s Cd; oats, A Gartens 3s 9d, B 3s 3d; crushed oats, 9s Cd; Cross Keys raeatmeal, 15s; buttermilk powder, 3d; bran, £5 ss; chaff, b. 0.5., £5 ss; pollard, £6 ss; tomato stakes, 12s * Per Pair. —Poultry; 548 hens at Is Cd to 4s 2d 40 cockerels at Is 4d to 6 S . 54 ducks at 2s 8d to ss, 12 bantams at Is M, 88 pullets at 4s to 10s per pair. REILLY’S CENTRAL PRODUCE MART, LTD,, Moray place, Dunedin, C.l.

RUGBY, January 24. Paris — Francs to £1 Par. 124.21 Jan. 23. 75 3-64 Jan. 24. 75 3-64 Brussels — Belgas to £1 30 29.29 29.29 Oslo — » Kroner to £1 18.180 19.901 19.901 Stockholm— Kroner to £1 18.130 19.391 19.391 Copenhagen— Kroner to £1 18.150 22 22 Berlin— Marks to £1 20.34 12.31 12.30 Montreal— Dollars to £1 4.80 2-3 4.96| 4.981 New York— Dollars to £1 4.86 2-3 4.96 13-16 4.991 Yokohama — Pence to yen 24.582 14 3-64 14 3-64 Hongkong— Pence to dollar 24.58 14 1-32 14 1-32 Bombay— Pence to rupee 18 19-64 18 19-64 Batavia— Florins to £1 12.10 7.251 7.251 Milan— Lire to £1 82.46 61 15-16 61 15-16 Amsterdam — Guilder to £1 12.107 7.291 7.29 Prague— Kroner to £1 104i 1191 1191 'Geneva — Francs to £1 25.221 15.221 15.22 Tienna— Schillings to £1 84.861 261 261 Helsingfors— « 227 227 Marks to £1 193.23, Madrid — ' Pesetas to £1 25.221 36 7-32 36 7-32 Belgrade— Dinars to £1 25.221 217 217 ' Athens— Drachma to 519 520 £1 .. 375 Lisbon— Escudos to £1 110 110% 1101 Bucharest — 668 668 Lei to £1 931.6 Elo de Janeiro — Pence to 41 41 milreis .. 5.890 Buenos Aires— 36 36 Pence to pesos 47.22 Shanghai— 141 141 Pence to tael —• Montevideo— Pence to pesos 39 7-16 39 7-16 Warsaw— Zlotys to £1 — 26.16 26.16

£1 N.Z. to £100 sts. .... T.T. 124 124/10/O.D. 123/10/124/8/9 Australia— * £ A to £100 N.Z. T.T. O.D. 101 101 100/10/FIJI— £ F to £100 N.Z. T.T. 90/7/8 89 O.D. 90/7/6 89 New York— Collars to £ N.Z. T.T. O.D. 4.03% 4.043 4.00 4.00J Montreal — Dollars to £ N.Z. T.T. 4.021 3.99% O.D. 4.03| 3.99% Prance — Franca to £ N.Z. T.T. 60.84 60.01 O.D. 61.29 60.05 Ncjmea— Francs to £ N.Z. T.T. 62.64 58.64 O.D. 63.09 58.70 Papeete— • Francs to £ N.Z. T.T. 62.64 58.79 O.D. 63.09 68.85 Belgium— 23.397 23.408 - Belgas to £ N.Z. T.T. O.D. Germany— Beichsmarks to £ 9.809 N.Z. .. .. T.T. — O.D. — 9.814 Italy— T.T. Lire to £ N.Z. — — O.D. — Switzerland— 12.134 Francs to £ N.Z. T.T. 12.404 O.D. 12.509 12.139 Holland— 5.805 Florins to £ N.Z. T.T, 5.955 O.D. 6.015 5.809 Java— Florins to £ N.Z. T.T. 5.937 5.777 O.D. 5.997 5.781 Japan— N Z. Pence to 1 Ten .. .. i T.T. — 17| • - O.D. _ 17 39-64 Shanghai— , N.Z Pence to 1 Dollar .. .. T.T. 17 5-16 IS 11-16 O.D. 171 18 43-34 India and Ceylon— N.Z. Pence to 1 Rupee .. .. T.T. 22 5-32 22 29-32 O.D. 22 1-16 22 57-64 Hongkong— N.Z. Pence to 1 Dollar .■■■;, .. T.T. 18 13-16 20 9-16 O.D. 18 23-32 i 20 17-32 Singapore— N.Z. Pence to 1 Dollar .. .. T.T, 34| 35 7-16 O.D. 34 3-16 35 27-64 Sweden— Kroner to £ N.Z. T.T. 15.785 15.400 O.D. 15.845 15.500 Norway— Kroner to £ N.Z. T.T. 16.185 15.895 O.D. 16.245 15.905 Denmark— Kroner to £ N.Z. T.T, 18.203 17.893 Austria— O.D. 18.263 17.903 Schillings to £ N.Z. .. T.T. — 20.77 O.D. .—. 20.79 Czechoslovakia— Crowns to £ N.Z. T.T. 94.90 O.D. — 94.95 All rates subject to alteration without notice.

'Sellinst — U.S.A. Canada, (per £1 (per £1 N.Z.) N.Z.) dole. dols. T.T. ... • • • . , .. 4.00J 3.99J O.D. • • . . , 4.00g 3.99S Buying— O.D.

£ s. d. Bank of N.Z. .. 2 7 7 N.Z. Refrigerating (cont.) .. ffO 10 10 Milburn Lime 2 4 9 4 p.c. Bonds, 1952-55 .. .. 104 15 0 The following are Saturday’ buying and selling quotations, which are subject to the usual brokerage:— BANKING. Buyer. Seller. £ s. d. £ 6. d. N.S.W — 34 10 0 N.Z — 2 7 9 N.Z. (long D) .. — 1 11 6 Commercial 0 18 8 — E.S. and A. 6 0 0 6 1 6 Natl, of N.Z. .. — 3 11 9 INSURANCE. National — 0 19 0 Standard — 3 5 3 SHIPPING. P. and 0. Def. , Stock 1 4 0 — U.S.S. Co. (pref.) — 1 7 0 MEAT PRESERVING. N.Z. Eefrig. (cont.) .. .. 0 10 8 0 10 10 South Froz. Meat (paid) .. .. ~T 3 18 0 South Otago Freezing 7 6 0 — Waitaki Farmers 3 10 0 4 0 0 ' LOAN AND AGENCY. Mortgage Corporation 0 4 3 0 5 0 Perpetual Trustees — 3 5 6 COAL. Kaitangata 1 1 6 — Westport 1 3 0 — Westport-Stockton (pref.) .. .. 0 2 8 WOOLLEN COMPANIES. Bruce (ord.) 0 12 6 — Bruce (pref.) 1 1 0 1 — Kaiapoi (ord.) . 0 15 0 Kaiapoi (pref.) — 0 IS 0 MISCELLANEOUS. Australian Glass 4 3 0 — Broken Hill Propy. (5s paid) • — 1 9 9 D.I.G. (pref.) .. 1 3 0 — Dominion Fertiliser 1 3 6 I 4 0 Dominion Fertiliser (Debs.) .. .. 106 0 0 — Dun.-Kaikorai Trams .. .. 2 0 0 — Stock Exchange Propy. 1 19 0 2 0 0 Milburn Lime 2 4 6 2 4 9 Natnl. Electric — 0 12 9 N.Z. Drug Co. .. — 4 1 6 N.Z. Newspapers 2 0 0 — N.Z. Paper Mills — 1 10 6 G. J. Coles — 3 13 0 BREWERIES. N.Z. Breweries .. 2 12 6 Dunedin .. .. 1 9 0 — Timaru (7s 6d pd.) — 0 8 10 AUSTRALIAN MINING. Broken Hill South 5 5 0 — Electro. Zinc (pref.) .. .. 1 18 9 — Electro, Zinc (ord.) .. .. 1 15 3 1 16 0 Mount Lyell 1 2 0 1 3 0 Mount Morgan — 0 18 6 MINING. Bendigo Goldlight — 0 0 34 Brian Boru .. — 0 0 4 Central Shotover 0 0 1 • Gillespie’s Beach — 0 I 1 Goldfields Dredgmg .... 0 0 3 — King Solomon 0 3 5 0 4 0 Mount David — 0 1 6 Nokomai 0 2 0 0 2 9 Okarito .. .. — 0 5 3 Oxenbridge — 0 0 4 Skippers .. .. 0 0 n 0 0 34 Waipapa Beach 0 1 6 0 1 9 Waitahu — 0 3 0 Worksop .. .. — 0 2 6 UNLISTED STOCKS. Mackintosh Caley Phcenis .. .. 0 11 6 — National Tobacco 3 9 0 Woolworths (Sydney) .. .. 6 0 0 Associated Motoriste Petrol 1 5 0 — Were’s Trust — 0 5 6 Otago Farmers 0 3 0 — GOVERNMENT LOANS. 3J p.c. Stock, Nov., 1938-52 .. .. 102 0 0 — 3J p.c. Stock, Mar u 1939-43 .. .. 102 0 0 — 34 p.c. Stock, Sep., 1939-43 .. .. 102 0 0 — 34 p.c. Stock, May, 1939-52 .. .. 102 0 0 — 4 p.c. Bonds, 193740 .. .. .. 100 7 6 — 4 p.c. Stock, 193740 100 7 6 — 4 p.c. Bonds, 194346 104 5 0 — 4 p.c. Stock, 194346 104 5 0 — , ft Cum dividend.

Sales on ’Change £ S. d. Commercial Bank of Australia 0 18 9 0 19 0 National Bank of N.Z 3 11 0 N.Z. Insurance 3 2 6 Westport-Stockton (pref.) .. 0 2 6 Kauri Timber 1 3 6 Dominion Breweries 0 19 0 Australian Glass 4 6 0 Claude Neon (N.Z.) .. .. .. 2 0 0 Dominion Fertiliser .. .. .. 1 4 0 G. J. Coles 3 12 0 Morris Hedetrom 1 4 6 Waihi Investments .. . . .. 0 14 9

s Sales on ’Change Stock, 4 p.c., 1937-40 .. .. 100 7 6 Stock, 4 p.c., 1952-55 .. .. 105 0 0 Bonds, 4 p.c., 1943-40 . . .. 104 11 3 Bank of New Zealand .... 2 7 6 N.Z. Refrigerating (cent.) .. 0 10 10 Mount Morgan 0 18 1 Unlisted Stocks Woohvorths (N.Z., ord.) . . 5 la 0

Sales on ’Change Commercial Bank of Australia (C.D.) 0 19 0 0 19 1 National Bank of Australasia (£4 paid) 7 4 0 Goldsbrough, Mort 1 13 0 New Zealand Breweries .... 2 13 0 Tooths Breweries (3) ' .. 2 13 3 Anthony Hordern 1 0 11 1 0 10 Consolidated Brick 0 10 5 Hume Pipe (Auet.) 0 16 6 Mount Lyell (3) 1 2 7 Mount Morgan (5) .. .. .V 0 18 1

Sales Reported National Insurance 0 18 4 New Zealand Refrigerating (10e paid) 0 10 10 Electrolytic Zinc (ord.) .. .. 1 15 9 New Zealand Breweries .... 2 13 2 New Zealand Farmers’ Co-op. 41 p.c. Stock, 1945 92 10 0 Unlisted Stocks Woolworths, Sydney (ord., 3) 6 5 0 6 4 6

morning: — Commonwealth BondsSJ per cent., 1942 f 100 S. 15 d. 0 4 per cent., 1938 101 8 9 4 per cent., 1941 102 12 6 4 per cent., 1944 104 0 0 4 per cent., 1950 105 11 3 4 per cent., 1955 104 10 0 Tooths 2 13 3 Anthony Hordern .. Sydney 1 1 3 Commercial Bank of 1 0 0 Associated News 1 3 44 Colonial Sugar 43 5 0 Morris Hedstrom .. 1 4 G Wilcox Mofflin 0 11 8 Dunlop 0 10 3

N.Z. SHEEP— I-H OO LO Canterbury and North pa a s Island selected crossbred wethers and (Per lb.) maiden ewes: d. d. d Under 481b 5f 63 53 48-561b 5i 5| 57-64lb .. .. .. .. 41 4 45 05-721 b - H 4i 43 Ewes: 3i 34 Under 481b 3* 48-641b 3 3 21 3 65-721b 3 25 North Island: 55 48-56lb 6i 61 57-0411) 41 45 45 65-721b ' 41 4g 43 AUSTRALIAN SHEEPFirst qualify crossbred and/or merino wethers: 33 33 48-641b 3 3 Second quality: 33 33 30-551b 33 Ewes: 3i 35 30-551b 35 ARGENTINE SHEEPFirst quality crossbred wethers: 44 44 48-0411) H C5-721b 4 4 4 PATAGONIAN SHEEPWethers and/or maiden ewes: 34 Under 501b — — 50-GOlb .. .. .. .. 4 — — Under 501b sg — — Ewes: 40-50lb — — — ARGENTINE LAMBS— First quality; 65 05 65 36lb and under 37-421b 61 61 64 Second quality; 84 65 Average about 281b 04 PATAGONIAN LAMBSFirst quality: 63 63 361b and under 03 50-601b — — — Second quality: 65 65 Average about 301b 65 N.Z. LAMBSCanterbury; First quality: ♦ 361b and under — — — 37-421b — — 43-501b — — *—• Second quality: Average about 321b — — Other South Island: 361b and under — — — 37-42Ib — — — 42-5011) — — — Second quality: Average about 321b .. — — — Selected North island, including Downs: 301b and under ., 8} — — 37-421!) « — — 43-50lb — — 73 Second quality: 71 73 Average about 301b 78 Other North Island: First quality: 75 75 73 301b and under .. .. 37-421b 75 75 H Second quality: 74 74 74 Average about 311b AUSTRALIAN LAMBSVictorian: First quality: 7 4 75 361b and under 7 37-42Ib eg 04 64 Second quality: 6g 64 36lb and under .. .. 61 Other States: First quality: 05 SClb and under — 03 37-421b — 61 04 Second quality; 64 361b and under. .. 68 6f All States: Third quality: 361b and under 6i 65 65 N.Z. FROZEN BEEFOx fores (145-2101b) .. 2S 28 23 Ox hinds (145-210lb) .. 33 33 35 AUSTRALIAN FROZEN BEEF— Ox crops (1001b and under) — — — Ox crops (145-21011)) .. n 24 23 Ox hinds '(145-2101b) .. 44 44 4 Ox hinds (over 1601b),.- — — — N.Z. CHILLEDHinds .. .. .. 44 44 5 Fores .. ,. .. .. 2jj 2| 25 AUSTRALIAN CHILLEDHinds (145-21011)) .. .. 44 44 5 Crops (145-2101b) .. .. 24 24 3 UNION OF SOUTH AFRICA CHILLEDHinds 54 54 54 Fores 26 2g 28 SOUTHERN RHODESIA CHILLED— Hinds 44 44 43 Fores 2i 2i 23 ARGENTINE CHILLED BEEF— Ox fores (145-2101b) .. 23 3 33 Ox hinds (145-21011)) .. 5g 51 51 URUGUAYAN CHILLEDHinds 5£ 54 Bt Fores 23 si BRAZILIAN CHILLEDHinds — — — N.Z. PIGSFirst quality: 60-8011. 7 7 7 81-1001b 63 03 64 101-12011) 0 6 6 AUSTRALIAN PIGSFirst quality: 00-8011) 7 7 7 81-1001b 6g 61 04 101-1201b 0 0 6

LONDON, January 24. (Received Jan. 20. at 6.5 p.m.) Tbo following are the official Ton meta quotations Copper, spot .. £34 18 9 Fall £0 3 0 Copper, forward .. 35 7 0 Fall 0 0 10^1 Electrolytic, spot .. 30 5 0 No change Electrolytic, forward 30 10 0 Fall 0 6 u Wire bare .. SO 10 0 Fall 0 6 0 Lead, spot .. 15 16 3 Fall 0 5 0 Lead, forward .. 15 17 0 Fall 0 3 0 Speller, spot 14 15 0 Ulso 0 0 3 Spelter, forward .. 16 0 0 Rise 0 8 0 Tin, spot .. .. 203 .0 0 ' Fall 0 2 0 Tin. forward 190 12 0 No change Pig Iron bomo trade 3 10 0 Nx change Pig Iron, export 3 1 0 No change Antimony, British 72 10 0 No change Antimony, foreign 40 15 Unit 0 Rise 5 10 0 Molybdenite .. 1 14 6 No change Wolfram .. 1 15 Oz, 0 Rise 0 0 8 Silver, standard «• 1934d Fall 44 d Sllrcr. fine .. .. 21 5-10cl Fall 4id