FINANCE AND COMMERCE

Taranaki Daily News, 13 January 1932, Page 12

FINANCE AND COMMERCE

TALLOW AND HEMP. LONDON MARKETS QUIET. The Department of Agriculture has received the following cablegram dated January 9, from the High Commissioner for New Zealand, London: — Tallow: Fair demand at auction; 831 casks offered, of which 454 sold. Mutton not wanted. Present spot quotations: —- Mutton —

Hemp: Manila market quiet. After advancing 10s., prices easier owing to the absence of buyers. Closing values for “K” grade, January/March shipment, £lB 155.; February/April shipment, £L9. Sisal: Market easier, and trade demand full. Closing values, December/ February shipment, No. 1 fair average quality, £l's Hte.; No. 2, £l4 10s. New Zealand: Market dull and without interest. Nominal values, January/February shipment on the basis of fair, £l7 15s. No first-hand sales reported. Peas: Maiples, trade very quiet, but little more interest shown at close. Nominal values for new crop; Tasmanian, for February/Marcli shipment, about 575.; New Zealand, for March/ l April shipment, 545. SHAREMARKET TRANSACTIONS. SALES ON STOCK EXCHANGE. Christchurch, January 12: Sales on exchange: New Zealand Government, 5i per cent, inscribed, 1936, £99 10s.; New Zealand Government, 44 per cent., inscribed, 1938, £96 2s. 6d.; 5% per cent, bonds, 1937, £99 12s. 6d. (five parcels); Bank of Australasia, £& os.; Commercial Bank of Australia, 14s. (two parcels) ; Bank Of New Zealand, 445. 9d. (three parcels); Goldsbrough, Mort, 235. Gd. (four parcels); New Zealand Breweries, 28s. 3d.; Golden Point, B|d. (three parcels); King Solomon, 25.; Maliakipawa, 4Jd. Sales reported: New Zealand Government, 5| per cent, bonds, 1937, £99 155.; Bank of New Zealand, 455.; New Zealand Government, 5J per cent inscribed, 1951, £99 155.; 5| per cent., inscribed 1936, £99 15s. (three parcels). Auckland, January 12. —Sharemarket sales: National Bank of New Zealand, £3 15s; Bank of New Zealand (3 parcels), 44s 9d; New Zealand Insurance, 40s 6d; South British, 53s 9d; Auckland Gas, 245; Farmers’ Trading, 5s 6d; Golden Dawn, 7s 8d; King Solomon, 2s; Waihi, 16s 4£d. N.Z. INSURANCE DIVIDEND. SAME AMOUNT AS LAST YEAR. By Telegraph.—Press Association. Auckland, Last Night. The directors of the New Zealand Insurance Company, Ltd., have declared an interim dividend of Is a share for the half-year ended November 30, 1931. The dividend is at the same rate as that paid last year.

Fine Fair to good Dark to dull 23/;W/6 to to 24/20/6 Beef— Swfet, and/or mixed 25/to 26/Fair to good .... 21/0 to 24/6 Dark to dull .... 118/6 to 19/6 Mixed — Fair to good .... 21/6 to 24/6 Dark to dull .... '18/6 to 19/6 G-ut, etc 18/to 20/-