COMMERCIAL

Taranaki Daily News, 13 November 1929, Page 11

COMMERCIAL

SHAREMARKET TRANSACTIONS. Christchurch, November 12.—Sales on exchange: Bank of New Zealand, 61s. Reported sales: Bank of New Zealand, 615.; Goldsbfough Mort, 435. Bd. Wellington, November 12. —Sale on exchange: National Insurance, 16s. 4d. Sales on exchange. —Kildare, 35., 2s. 9d. Auckland, November 12. —Sharemarket sales: War Bonds, 1930, 4|, £99 155.; War Bonds, 1932, . £100; N,Z. Breweries, debs., 28s/3d.; Farmers’ Co-op. Auctioneering, 705.; Auckland Gas, 255.; Electrolytic Zinc, ord., 34 s. 6d.; Farmers’ Trading, 9s. 2d.; . N.Z. Refrigerating, cont., ss. JOd.

AMUSEMENT PARK LOSSES. TRANSFER TO AUSTRALIA MOOTED. Auckland, November 12. At the annual meeting of shareholders of the Luna Park Amusement Company, the chairman, Mr. Henry Haywood, said that the past year’s accounts showed a loss of £3577. He favoured an endeavour to transfer the company and its property to Australia, but negotiations were not yet definite. It was resolved that the sum for- disbursement among the directors be reduced to £l5O, and that the Harbour Board be asked to reduce the ground rent from £2OOO to £lOOO.

HIGH COMMISSIONER’S REPORT. The Department of Agriculture has received the following cablegram from the High Commissioner for New Zealand, London, dated the 9th instant: — Tallow—No auction this week. Market quiet but steady, without material change in value. - ' Mutton.—Fine, 40s per cwt; fair to good, 39s per cwt. Hemp.—Manila, easier, dosing about steady. "J” grade Dec.-Feb. shipments £34 10s. Sisal easier and ir.cgular. Closing values for Dec.-Feb. shipments good marks No. 1, £3B 10s; No. 2, £37 10s; afloat, 10s less. New Zealand market quiet, tone easier in sympathy with others. Nominal comparative closing values for Nov.-Jan. shipments, highpoints £33 to £33 10s, fair. £3O, com-, mon £2B. Tow, 2nd grade £2l 10s, 3rd grade £lB. . Eggs.’—Market tendency downward this week. Continent neglected in favour of Colonial of which arrivals are fairly plentiful. Closing values are:— English, 24s to 32s per long 100; Dutch

and Danish, 19s to 245; Belgian,' 16s 9d' to 19s; New Zealand, 15s 6d to 18s; Australian, 16s to 17s; South African, 14s 9d to 17s 3d;'Polish, 13s to 13s 6d. . Wool.—Bradford business more brisk in tops and yarns. Merino and fine crossbred dearer,, medium and --arse crossbred hardening. Present (.quotgUoßS for tops are:—64s warp, 3ssdLpqr ; Jbl JtV.eVK age, 2s' lid;-565, 2s.‘2djtqr£s-21d;; 50’s’ prepared, Is lid: 40'5,..1«<8dL.~ 1