COMMERCIAL.

Star (Christchurch), Issue 17038, 11 May 1923, Page 7

COMMERCIAL.

BUTTF.E FAT ADVANCE PAYMENTS. A REDUCTION ANNOUNCED. (Pkr Press Association.) DUNEDIN, May 11. i Dairy companies have reduced the ad- | vane© payments for butter fat to Is Sd a- lb. This represents a- reduction of j -id a lb from the pric-j ruling in April. | There ie no likelihood of a reditotiov in the retail price. OTHER EXCHANGES. (Pep. Press Association.) DUNEDIN, May 11. Sale on ’Change—Loan and Mercantile, 1 £Bl. Re-ported sale—Goldsbroug-h Moxt., £2 10s 3d. AUCKLAND, May li. Sales on 'Change—Wa-ilii, '2B b; Wileon’s Cement, 26s 3d.

STOCK EXCHANGES

Sales Reported—N.Z. Government 5J p.c. inscribed, 39.33, £lO3 1-Ss; Kauri Timber. £1 8<; Union Bank of Australia. £l-5 14s 6d: Waihi Grand Junction. 7s .id (2 parcels.- Crown Brewery. £2 ss. Sales On <’hange -National Bank of N.Z., £fi 146 3d: Bank oi N.Z., £3; Union

Bank of Australasia, £l-1 14.-:; N.Z. Refrigerating <£l paid), £1 .Is: N.Z. Refrigerating (10s paid). 13s ad; Burns Philp icura. div. >, £1 3 : :s i-2 parcolsi.

CHRISTCHURCH. Following are closing quotations;— Buyers. Sellers | DEBENTURES— { Booth MacDonald, p.c., xy»i . lui o 0 | N.Z. tiOVT. STOCK— o p.c. Bonds, 1927 . 97 10 0 3i p.c. Bonus, lul 10 0 I Gisborne Sheep, 7i P.c., 1931 . . 10‘2 0 0 ! EANivs— | Australasia . 13 15 0 j Comm, of Aust. (4 | p.c. cum. prei.3 . 6 19 0 I National of N.Z. . 6 13 (j 6 14 3 Comm, of Sydney . 0 o New Soutn ales (cum. div.) . 40 0 0 40 15 0 uoyal vZ4 paid) . * 6 15 0 1 Union of Australia . 14 it 0 14 14 6 iIN%wKAnCE— j National . 4 0 0 4 2 0 South British . 1 17 2 1 18 2 LOAN ANl> noENCY— Dalgety and Co. (cum div.) . 12 17 G Dalgety and Co.. London iteg. and » Del. (cum. div.) . ‘ 3 12 7 6 Goldsbrough Mort. . 2 S 6 2 9 0 SHIPPING— Howard Smith . » 2 12 B 2 14 C Huddart Parker . 2 2 6 2 3 3 New Zealand (.6 p.c. Gum. X-’ref.) . . 9 12 6 j Union (5£ p.c. cilm. ! pref.) . .10 4 FROZEN MEAT— i Canterbury . . 15 17 o 16 0 o ! N.Z. Refrigerating i k£1 piad) . .15 0 15 0 j N.Z. Refrigerating (10s paid) . . 0 13 3 0 13 5

OOAIL— Westport „ j 19 0 WOOiiCENS— Kaiapoi (£l paid) . 1 3 4 13 6 Kaiapoi (10s paid) • 0 110 gas— Christchurch . . 8 10 0 BRE WBK1J&SS— Crown . . 2 6 0 2 6 0 Manning . . 4 IS 0 S o 0 W and . . .210 220 CEMENT'S— Wilson’s N.Z. Portland . . .13 8 16 3 TIMBER— Kauri . . .ISO ill -SCEIiLA X EOTTS— Beath and Co. . 1 11 0 1 12 6 Burns Philp (ourn. dir.) . . 1 14 3 1 15 6 Colonial Sugar (ex. div. and cum. Dental and Medical Supply Co. . 13 0 D.l.O. '.vs t) f { paid) 9 6 Mason. Struthers (£1 Mason Struthers (11s paid) 0 16 o Mason Struthers (6e paid) .066 Mason Struthers (4s X.Z. Drug Co. . .326 I\ T .Z. Farmers' Co-op. (£2 paid) . . 0 18 0 110 N.Z. Farmers - Co-op. 1931 (7i p.c. bonds; 97 10 0 N.Z. of Mill; . 1 14 0 Whitcomb© and Tombs . 3 16 6 B.A.1Y.R.A. . . 0 16 0 National Electric . 116 Electrolytic Zinc (rights) ... 0 13 ‘2 MININ'.; Waihi Grand Junction 0 7 3