COMMERCIAL

Star (Christchurch), Issue 17220, 11 December 1923, Page 8

COMMERCIAL

STOCK EXCHANGES. CHRISTCHURCH. Following are the latest quotations:—

OTHER EXCHANGES. Pra Press Association. DUNEDIN. December 11. Sales on , Ghange : —Waihi 28s 8d and 28s 7d. Sales Reported l —Westport Coal 37s 6d; Mason Struthers. 14s lO^d. WELLINGTON, December 11. Sale Reported—Huddart Parker (ord.), £2 Is Gd. AUCKLAND. December 11. Sales on 'Change—South British, 38s 3d; War Loan, o per cent, 1927. .£9B. Sale Reported—War Loan 4i per cent, 1938,. £96 15s. HIGH COMMISSIONER’S REPOET. The Department, of Agriculture has received the following cablegram. Bated Bth instant, from the High Commiwioner in London:— BUTTER. Spot supplies of New Zealand and Australian are short and America is buying Danish. The market is very firm. Official quotations, are: — New Zealand, salted, finest—22os. ‘2225, up to 224 s per cwt (Is Hid. Is lljd, to 2s per lb).

Australian, salted—2l4s to 218 s per cwt (Is lid to Is Hid per lb). Unsalted—2l6s to 220 s per cwt (Is lid to Is per lb); exceptional 222 s per cwt (Is ll|d per lb). Other qualities (salted)—2oßs to 212 s per per cwt (Is 10id to Is lOJri per lb); unsalted —2o4s to 210 s per cwt (la 9Jd to Is lOld per lb). Argentine (steady demand)—l94s. 200 e, up to 204 s per cwt (Is SJd, Is 9Jtd, to la 9Jd per lb). Other qualities—ls6s to 190 a per cwt (Is 4Jd to Is Bid per lb). Danish—232s per cwt (2s Id per lb). CHEESE. The market is quiet and easier for colonial. English is firm. Official quotations are English, finest farmers—l3ss to 145 s per cwt. Canadian, coloured—loßs to 110 s per cwt (Hid to ll|d per lb); white—do., do. New Zealand, coloured—loßs to 110 s per cwt (Hid to lljd per lb); white—do., do. Estimated cheese stocks at December 3, London. Liverpool, Bristol—Canadian and American 132,700 boxes. against 84.600 for same period last year. New Zealand and Australian 13.100 crates against 2140 last year. HEMP. The Manila market opened firm but weakened towards the week-end, closing dull. -" .T ” grade sold at £33 15s per ton. “G’’ grade quoted at buyers £3B per ton. New Zealand market unchanged and no business reported. WOOL. The sales were suspended on account of the election until Monday. FRUIT. The apple market is firmer and shipments are not as large as was anticipated. Oregon Newton apples lls to 13s 6d: Oregon Jonathans 8s to 10s 6d; British Columbian Cox’s Orange 20s to 24s British Columbian Delicious 9s 6d to 10s. VERY SATISFACTORY YEAR. AUCKLAND. December 11. At the annual meeting of the Stock Exchange, Mr G. C. Creagh. the chairman, said that the year had been very satisfactory, both to brokers and to the public. There was evidence that there was ample money in the Dominion and issues of shares had been taken up freely, justifying their looking forward with hopefulness and confidence. Mr Creagh was re-elected chairman.

N.Z. GOVT. STOCK— s d. £ d. 4i p.c. Bonds. 1939 97 0 5 p.c. Inscribed, 19*27 97 13 0 98 6 5 p.c. Inscribed, 1929 98 7 6 5 p.c. Bonds, 1927 9S 0 6J p.c. Inscribed. 1933 100 17 6 201 10 0 5J p.c. Bonds, 1933 101 102 0 BANKS— Cqmm of Australia (cum rights! 1 11 6 13 6 National of N.Z. 6 New South, Wales 40 10 0 Royal (£1 paid) 16 Union of Australia 14 17 0 14 18 6 INSURANCE— New Zealand 1 8 6 9 0 SoiTth British 1 18 0 1 18 6 LOAN AND AGENCY— Goldsbrough Mort 2 5 6 6 6 N.Z. Loan and Merc (ord. stk. cum dir 81 o 0 Per. -Investment 10 SHIPPING— Howard Smith 2 11 0 Huddart Parker 2 0 Union (pro. cum div.) 1 0 3 1 0 9 FROZEN MEAT— Canterbury (pref cum div.) 5 6 N.Z. Refrigeratin (paid) 1 3 0 N.Z. Refrigerating (contr.) 0 10 8 0 30 11 North Canterbury 0 16 0 WOOLLENS— Kaiapoi (ord.) 1 1 6 Kaiapoi (pref.) '1 3 BREWERIES— Oown - . 17 17 Manning .1 1 1 5 2 9 2 9 TIMBER— Kauri (ex . div.) • fl 0 1 9 9 MISCELLANEOUS— Heath and Co, 1 12 0 Burhs, Philo 1 13 0 Mason, Struther (£1 paid) 1 4 6 Mason, Struther (14s paid) 0 15 0 Mason, Struther (6s paid) 0 6 6 -7 0 Mason. StrutheF (4s paid) 0 3 N.Z. Paper Milla ,1 <1 9 N.Z. Milk Products 4 6 Electro Zino (rights) 0 8 MINING— Waihi 1 8 3 Waihi Grand Junction ... 0 4 9