COMMERCIAL.

Taranaki Daily News, 15 December 1924, Page 12

COMMERCIAL.

FOREIGN EXCHANGES. By Telegraph—Press Assn.—Copyright -London, Dec. 11. The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on December 8 and par :

The Reichmark is quoted from Berlin at 19% to the sterling, the same as on December 8.

P. AND O. SHARES IN LONDON. Received Dec. 14, 5.5 p.in. London, Dec. 12. P. and 0. shares are quoted at £305 to £315. THE PRICE OF GOLD. Received Dec. 14, 5.5 pm. London, Dec. 12. The price of gold is 88s 9d per oz. COTTON, RUBBER, HEMP. ETC. Received Dec. 14, 5 5 p.m. London, Dee. 13. Cotton.—January ( delivery, 12.924. Rubber.— Para, 19%’d; plantation and smoked, 18 5-Sd Jute.—December-January shipments, £3B. Hemp.—November-January shipments, £43. Copra.—J>ecembfcr-January shipments, £29 15s. Linseed oil.— £46 ss. Turpentine.— £2 18s 3d. Antimony.—English, £7O; foreign, £6O to £6l; crude, £3B.

LONDON MEAT MARKET. Received Dec. 14, 5.5 p.m. London, Dec. 13. Lambs.—New Zealand, not offering; Australian, firsts, other States, 12 l-4d; seconds, Victorian, 12%d; others, 12%d; thirds, 12 l-4d; Argentine, seconds, 11 l-4d. Frozen beef.—New Zealand, hinds, 5 l-4d; Australian, crops, 4 l-4d; hinds, 5 l-4d: Argentine, fores, 4j(d; Uruguay, fores, 4 /l-4d. Chitted beef.—Argentine, fores, 4%d; hinds 6 l-4d; Uruguay, fores, 4 1-ld; hinds, s£<L Other meats unchanged. SHEEPHIDE CORPORATION’S YEAR. Received Dec. 14. 5 5 pm. London, Dec. 13. The Sheephide Corporation's nett profit,/excluding the cost cf the fire, is £84,182, to which £lOO,OOO was added from an eariler over-provision of taxation. The capital expenditure for the past year in excess of amortisation was £ 183,942, leaving a credit of £2OO. The coSt to date of the fire in the central mine is £187,123, provided out of reserve for contingencies, which have been reduced to £92,877. AUCKLAND HAREMARKET. By Telegraph--Press Association. Auckland, Last Night. Stock Exchange sales.—Bank of New Zealand, 60s 6d; New Zealand Insurance, 31s 9d; Auckland Gas, 21s 3d; Northern Boot and Shoe, 20s 6d :’■ Sanford, Ltd., 16s 6d; Willison's Cement, 28s 9d.

DAIRY PRODUCE. Messrs Collett and Co. are in receipt of the following cable advice from their British principals Creamery butter, 202 s to 2045; cheese, 92s to 945. TARANAKI STOCK MARKET. The Farmers’ Co-op report :—• At Waver.l ey on Friday, December 12. we had a good yarding./effecting a total clearance to a good attendance of buyers. We quote: Pigs, weaners, 15s; small stores, £ 1 t » £1 14s: P.B. young Berkshire boar, £2 ss. Sheep: 2-tooth wethers, 30s 2d; 4-tooth do., 33s 9d; f.f. ewes, 295; store ewes, 22s lid; Southdown ewes. £3 3s to 3 1-8 guineas. Fat p.a. heifers, £8 15s; fat cons. Hereford Shorthorn, £6 14s to £7 17s; fat cows, £6 5s to £7; forward cows, £4 to £5 ss; works and boner cows at late rates; heavy works bulls. £6 to £6 10s; others, £3 10s to £5 lOr ; stag, £8 ss; 15-mftith Jersey cross heifers, £2 ss, £2 Ids to £3. SALE OF SHARES. A parcel of 50 shares in the New Plymouth Sash and Door Company were submitted for sale by auction by Newton King, Ltd., at New Plymouth on Friday, and realised ”2; j er share. The amount paid up per share was £2 and they carried a further iiabi.-ty per share of £1 15s Under Instructions from the D.O.A (Mr. J. S. S. Medley) a number' of shares in Newton King, Ltd., and the Raimata Dairy Company were also submit: ?d for e.ale. Twenty-five ordinary £1 shares (fully paid) in Newton King, Ltd., sold at 13s per share, and 78 fully paid up shares in the Kaimata Dairy Company realised 5s

De'?. 11 Dec. 8 Par. New York (dol) _ 4.69% 4.70 4.866 Montreal (dol.) .. 4.71% 4 70% 4.866 Paris (franc) .... 88.25 87 22,225 Brussels (franc.) 95.80 95 22.225. Home (lire) .... 109 108% 22.225 Stockholm (kr.) . . 17.42 17.-16 18.159 Christiania (kr.) . . 30.93 31 25 18.159 Copenhagen (kr.) 26.61 26.48 18.159 Calcutta 1/6 i/fi 2/ Honk. Kong 2/4% 2/4% 2/ ■Yokohama 1/7 9-16 ,1/7 9-16 2/0%