COMMERCIAL NEWS.

Waikato Times, Volume 105, Issue 17613, 18 January 1929, Page 2

COMMERCIAL NEWS.

AUCKLAND EXCHANGE. YESTERDAY’S QUOTATIONS. The following were the closing quotations on the Auckland stock market yesterday:—

MANAWATU STUD ROMNEY SALE. The first day of this .initial Fair was held at Feilding on Wednesday, 15th instant, and Dalgety and Company, Ltd., report a substantial entry of local breeders’ rams, with a few small pens of ewes. There was naturally a great deal of conjecture as to the fate of the sale hut immediately the first good sheep entered the ring, all doubt was dispelled, and the fixture must rank amongst the most successful of its kind. Striking sheep from leading breeders evoked the keenest of bidding, guineas were shot freely through the air, and applause greeted both buyer and seller of the high figured rams. Buyers .were present from overseas and all parts of the Dominion, hut the majority of the outstanding sheep will find their new homes within easy distance of the ring in which they changed hands.Covering the sale generally, many object lessons were taught, and it was noticeable that sheep below a certain high standard, failed to interest any section of the very large attendance. The following are our principal sales:—Account Blair and Hunter: 1 1-shear Romney ram at lOOgns, to A. 11. Rhodes, Rata; account W. Fer- . guson, Huntcrvillcl 1-shear Romney ram “Whakapuni 17th,” 43gns, to W. H. Galsford, Oringi; account A. Robottom, Hawke’s Bay: I 1-shear Romney ram "Milbourne 103,” 70gns, to A. Brown, Kiwitea; account 11. B. Johnston, Cheltenham: 1 lshear Romney ram 38gns, to C. G. Dermer, Cheltenham; account estate E. Short: 1 1-shear Romney ram “Parorangi 17” 200gns, to N. Short; 1 1-shear Romney ram “Parorangi 20” 120gns, to A. Grant, Waimate; 1 1-shear . Romney ram "Parorangi 14,” 45gns, to A. Robottom, Hawke’s Bay; account A. Robottom, Hawke’s Bay: 1 1-shear Romney ram “Milbourne 105,” 82gn.s. to M. R. Murphy, Patea; account X P. Nielsen, Tiakitahuna; J 1-shear Romney ram “Tiak Record Model” 85 gns. to D. Henderson. St. John’s-liili. Wanganui; account Voss Bros; -3 1shear Romney ewes, 7gns, to W. Atkin- k spit Warm-ale NorLh.

TE AWAMUTU SALE. The New Zealand Loan and Mercantile Agency Company, Limited, Hamilton, report:—We held our usual Tc Awamutu sale on Thursday, when we penned a good yarding of beef, with store cattle in small numbers. Beef sold under keen competition at satisfactory prices. A full entry of sheep met with good demand. We quote: Fat steers, £ii 17s 6d to £l3 ?s 6d; fat cows and heifers, £lO 5s to £ll 12s 6d; lighter do., £8 10s to £9 13s; plain fat cows, £7 to £8 2s 6d; fleshy cows, £6 9s to £6 17s 6d; cow's, in fresh condition, £5 2s to £6 6d; good quality weaner Jersey heifers, £-4; Shorthorn heifers, £3 1; dairy cow r s, £7 to £9 10s; failing mouth ewes, 16s to 19s 6d; fat do., 18s to 19s 6d; small two-tooth wethers, £1 6; fat and forward shorn lambs, £1 5s Sd; store do., 18s 3d to £1 Is Bd. Pigs: Large stores, £1 12s to £1 17s; slips, £1 2s to £1 8s; w'caners, 10s 6d to 15s. LONDON WIARKEiTS. Messrs Daigety and Company, Limited report having received the following cablegram from their London house dated 16th. instant. Tallow. —838 casks of tallow offered and -40 per cent sold. Mutton, •455; mixed good, 41s; inferior, 375. LONDON WOOL SALE. The Department of Agriculture has received the following cablegram, dated 16th. instant, from the High Commissioner for New Zealand, London: — Wool: Sales opened yesterday with large attendance, all centres being represented. Active competition, Continent keenly supporting New Zealand crossbreds. Excellent selection of merino but crossbred in small supply. Compared with closing rates of last crossbred par to 5 per cent, higher, series merino firm but unchanged; 103,200 bales available for series, of which New Zealand 23,750; Australian 73,250; and South American 1,200.

Sellers. Buyers. BANKS £ s. d. £ s. d. Aus. Bank Coin. l 14 3 Bank or Adelaide — 10 0 Bank Australasia —. i 4 16 Com. or Australia 1 u 2 1 10 Ditto (prer.) .. — 7 Eng., Scot. A Aus. — 1 4 National or N.Z. 7 5 0 7 Nat. or Aus, (con) 9 10 0 9 8 {» New South Wales 51 0 D prer., 20s pd — 4 New Zealand . . . 3 6 3 Union or Australia fo 17 0 INSURANCE— Au3t. Provincial — 0 6 6 National 0 16 2 0 1 6 0 New Zealand ... 2 7 6 2 7 Queensland .... — o • South British 3 4 0 LOAN A AGENCYA b rail am-Wi 1 li am s — 3 15 0 Ditto (prer.) .. —* 4 5 Ualg’ety and Co. — 1 5 ° Farm. Co-op. Auc 3 i 0 2 10 Goldsboro’ Mort 2 12 0 2 1 1 Newton King- prer. — 0 8 N.Z. A River Plate 1 14 0 1 12 3 N.Z. Loan A Merc. — 118 0 0 Ditto (pref.) ... — 80 0 0 COAL— Hlkurangl ..... 0 6 0 — Ditto (prer.) .. 0 11 6 Ditto A pref.) . 0 9 6 — Pukemiro 3 io 0 3 5 Renown Col, ord. 0 17 0 0 1 6 Ditto (prer) .. 0 2 9 0 2 Taupirl 1 0 3 1 5 Ditto (prer.) .. — Waipa 0 13 6 Westport 1 10 6 — Westport Stockton 0 3 6 0 3 GAS — Auckland . —.- 1 4 6 i 4 4 Ditto (con.) ... 0 18 0 0 17 9 SHIPPING — Devonport Steam 1 4 6 1 3 10 Iiuddart-Parker . 2 9 0 2 8 0 Ditto (pref.) .. — 1 0 6 Northern Steam . 0 14 3 0 13 11 Ditto (con) . 0 7 0 0 6 G P. A 0. (der. stk.) — 2 19 o Union Steam prer. 1 1 0 1 0 4 TIMBER— Kauri Timber .. 0 19 6 — Ley land- O’Brien . — 1 13 0 National 0 10 6 — WOOLLEN — Kaiapoi „• — 0 13 6 Ditto (con.) .. — 0 4 0 Ditto (prer) .. 0 16 0 0 1 5 0 Mosgiel — 7 0 0 Wellington .... — 7 0 0 Ditto (prer.) .. — 7 2 6 BREWERIES — C. L. Innes A Co. — 0 19 7 Ditto (prer.) . — 0 19 10 N.Z. Brew'., ex .div 2 16 3 1 5 0 MISCELLANEOUS— Auck. Amus. Park 0 4 0 0 o 6 Dit.to (prel) .. 1 0 0 — British Tobacco . 2 5 9 O 5 3 Burns, Philp . . . — 2 6 3 Bycroft Lid — 1 ! 1 0 Check. Taxi 20s pd 0 9 0 — Col. Sugar (Aus) — 60 5 0 Dominion Pictures — i 0 0 Ditto (prer.) .. — 1 0 6 Donaghy’s Rope . — 1 13 0 Elec. Zinc, (prer) 1 i 7 6 1 16 I 0 Farmers’ Trading — 0 8 3 Ditto (A pref.) 0 17 0 — Ditto (B pref.) — 0 10 0 Gear Meat — 2 2 6 Grey A Menzies — 0 10 3 Hayward’s Pictrs. 4 1 0 H.M. Arcade pi;el' — 1 1 0 Holden’s Motors . — 1 10 0 Kempthorne-Pross — 3 13 0 Lewis Eady Ltd. (pref.) 0 19 6 — Milne A Choyce . — 1 5 9 Ditto (prer.) . —— 1 5 9 Ditto (B prer.) — 1 5 9 Dit.to (deb. stk.) —- 1 5 9 East Arrica Coffee Plantation — 1 3 6 National Pictures — 0 12 0 N.Z. Fertiliser . . i 0 9 0 19 9 N.z. Rerrlg (con) 0 8 3 0 7 10 Sanford, Ltd prer. — 0 19 0 Taranaki Oil 0 4 9 0 3 9 Tonson Garllck . 0 8 6 — Union Oil 2 3 0 2 0 0 Whir.tome Stevenson 2 5 0 2 O 6 Wilsons Cement . 2 2 0 o l 6 MINING— Lucky Shot (-is. paid) 0 0 0 0 0 9 Ditto (con.) . . 0 r 0 0 0 4 Maori. Con, (con) 0 0 6 — Ohinemurl .... 0 8 6 0 8 0 Waibl ■ 0 14 7 0 14 5 Waihi Grand Jnct. 0 1 0 0 0 8 Mount Lycll .... o 1 9 2 0 3 Kuala Kam. Tin — 0 13 0 N.Z, GOV. BONDSWar Loan, 1930, 4 i 99 15 0 — Ditto, 1938, 4A 100 0 0 99 10 0 Ditto, 1939, 44 100 0 0 99 10 0 Ditto, 194!, 41 — 99 0 0 Ditto, 1933, 54 — 100 10 0 Ditto, 1930, 5 4 — 101 0 0 N.Z. INSCRIBED STOCK — War Loan, 1938, 44 — 99 10 0 Ditto, 1939, 44 _ 99 10 0 Ditto, 1927-41 54 • 99 0 0 Ditto, 1 933, 5 4 101 10 0 100 15 0 Ditto, 1 930, 5 4 — 101 u 0 DEBENTURES— Auck. Gas, 1932, 5 04 0 0 Ditto, 1935, 61 103 0 0 Auck, liar. Bd„ 6 103 0 0 City or Auck, 1910 5 4 — 07 0 0 Ditto, 1943, 54 yy 1 0 0 Bor. Devonport, 41 94 0 0 Ditto, 0 — 102 0 0 Bor. Mt. Eden, 5-J — 101 10 o Ditto, 0 — 102 10 0 Bor. Hamilton, 6 — 102 0 o N.Z. Breweries .. 1 6 0 1 5 Glaxo 89 0 0