COMMERCIAL

Taranaki Daily News, 10 July 1929, Page 15

COMMERCIAL

SHAREMARKET TRANSACTIONS. Wellington, July 9.—Reported sales: Commercial Bank of Australia (ordinary), 29s 6d, 29s 63d; National Bank of New Zealand (cum. div.), £7 3s Od; Goldsborough Mort., 48s. Christchurch,. July 9. —Sales on Exchange: New Zealand Breweries. 77s 3d (five parcels); Beat'll and Co. (Is paid), 9s od and 9s 6d (two parcels); Winding Creek (6d paid), 2s. Reported sales: New Zealand Breweries, 77s 3d; Commercial Bank of Australia, 29s 6d (ord.). Dunedin, July 9.—Sales reported: Electrolytic Zinc, pref., 375; New Zealand Breweries, 77s 6d (two parcels), Auckland, July 9.—Sharemarket sales: New Zealand Breweries (debentures), £1 6s 9Jd (two parcels); Commercial Bank of Australia, £1 9s 6d; National Bank of New Zealand, £7 3s 9d (two parcels) ; National Insurance, 16s 4d; Goldsbrough Mort., £2 8s 8d (two parcels); Auckland Gas, £1 4s 6d; New Zealand Breweries, £3 17s, £3 17s 3d (two parcels); Ohinemuri, 8s 9(1; Mount Lyell, 41s 9d; Kuala Lampar Tinfields, 14s. • QUARTERLY BANK RETURNS. By Telegraph.—Press Association. Wellington, July 9. The following are the bank returns for the June quarter: — Government deposits .... £2,794,255 Free deposits £26,810.889 Fixed deposits £30,241,011 Advances £1,040,426 Note circulation £6,547.872 Coin and bullion £7,209,879 NEW ZEALAND INSURANCE CO. DIVIDEND TO BE RECOMMENDED. Auckland, Last Night. The directors of the New Zealand Insurance Company have decided to recommend to shareholders at the annual meeting on August 6 the payment of a dividend of lid a share for the halfyear, making a total disbursement, for the year of Is lOd. The dividend for the year is at the same rate as last year. HIDES AND SHEEPSKINS. SALE AT NEW PLYMOUTH. Messrs L. A. Nolan and Co. report holding a sale of hides, wool and skins yesterday. The usual representation of buyers was present and the catalogue was slightly above the average. Hides were mostly in splendid condition. Last month’s prices were maintained. Bidding was keen, the whole of the catalogue being sold. Ox hides met a sound market and were firm at slightly lower rates. Yearlings were easier by £d per lb. Calfskins, in demand, were sold at up to Ls.fd per lb. In sympathy with overseas sales sheepskins receded about Id per lb for dry skins and 6d to 9d each for salted. A large quantity of tallow was catalogued and last month’s prices maintained. Quotations are:—

Hides.—Ox, extra heavy, I) l-Sd to 9]d; medium,- 8 5-8 d to 9 l-8d; light, 7 3-Sd to 73d; cows, extra heavy, 7 3-8<l; heavy, 6.1 d. 7 l-Bd, 73d; medium, 7 l-Sd, 73d, 7 3-Sd, 73d; light, 6 5-8 d 7id, 7 5-8 d; .extra light, 7 l-8d; cut, 6 l-Sd, 6]d, 61(1; settlers, light, 6 5-Sd; extra light, 7 l-Sd; slippy, 4 7-8 d; horses, lOd to lid; yearlings, light 8 7-Bd, 9(1; medium, 8d; heavy, 9d, 9jd; cut, 73d to 8d; bulls, 33d to 4 l-Bd.

Calfskins.—Extra light, 12d; light, 14d; medium, 14 5-8 d; heavy, 153 d; cut, 12d; slippy, 93d; cut and slippy, 4d. Sheepskins.—Three-quarter wools, 9s 4d to 9s 9d; half wools, Bs, 8s fid, 9s 3d; damaged, 4s 6d to 6s Id; black, 4s 7d; lambs (shorn), 4s 6d; lambs, 5s Gd; hoggets, 7s 6d; longwools, 10s. Dry at per lb: Hoggets, 103 d; half wools, 103 d, 93d; lambs, 83d; dead, 7d to 8d; pelts, 6Jd; goats, Is 6d each. Wool —Only oddments offered. Crutchings, 63d to 7d; fleece crossbred, 93d to 133 d; lambs (seedy), 73d; pieces (seedy), 33d; dead, 83d; locks, 2d. Horsehair. —Tail, mane, 143 d; cowhair, 9d; horse tails, 2s; tallow in tins, 25s to 26s per cwt; pork fat, 10s; cow tails, 18jd per dozen.