COMMERCIAL.

Taranaki Daily News, 23 June 1925, Page 6

COMMERCIAL.

TARANAKI STOCK MARKET. Newton King, Ltd., report:— At Okato, on the 18th Inst., we conducted a most successful clearing sale on behalf of Mr. E. F. Bates, when his herd of 60 cows, together with young stock and implements, etc., were disposed of. There was a very large attendance of buyers representative of all parts of Taranaki, and the sale went with a brisk swing throughout. The cows were practically all Jersey and Jersey cross, and the 60 averaged £ll 15s. Good Jerseys made from £l2 to £l7, small, fair conditioned and backward Jersey cows £7 to £ll, Jersey crosa cows up to £l5. The in-calf heifers, which were rather small, sold up to £9," ncifers £3 Is, horses up to £23, and al) implements, etc., sold well. DEMAND FOR MONEY. Z By Telegraph.—Press Assn.—Copyright. Received June 22, 8.15 p.m. London, June 22. About £8,000,000 in new issues was raised . this morning, including £3,200,000 prefereMSF^** - capital for the Union Co.'d Storage Company for the purpose of repaying loans and providing further working capital. THE MEAT MARKET. The N.Z. Loan and Mercantile Agency Ltd., have received the following cablegram from their London house under date 19th instant:—New Zealand Frozen Meat: Lamb, ll%d per lb. (average) ; mutton, wether and maiden ewe, light 7%d per lb., heavy 6 3-8 d per lb; ewe, light 5%d per lb., heavy per lb.; fair demand. AUCKLAND SHARE MARKET. by Telegraph —Press Association. Auckland, Last Night. Share Market sales: War Loan, 1938, £97; Inscribed Stock, 1938, £97; New Zealand Breweries debentures, 225; New Zealand Insurance, 34s 3d (two sales) ; Auckland Gas, 23s 7d; Northern Steam, 15s; Milne and Choyce debenture stock, 23s 3d; Taranaki Oil, 22s 6<>; Wilson’s Cement, 32s 9d (three sales) ; Moanataiari, 2s Id; Kawarau, 16s; Waihi, 26b dd. WELLINGTON SHARE MARKET. Wellington, Juno 22. Sales on ’Change: New Zealand Breweries* bonds 225. Reported sales; Union Bank of Australia, £l4 15s.