OTHER EXCHANGES.

Press, Volume LXIII, Issue 19171, 30 November 1927, Page 10

OTHER EXCHANGES.

(PEM3 AS3OCUTIOX TBLMBAHS.) ' AUCKLAND, November 29. S&les—War Loan, 193G, 5J per cent., £lOl r.- National Bank of Australasia (con.), £S iai- Bank of New Zealand, 60s 3d; New Zealand Insurance, 40s 3d; South British Insurance, 675; New Zealand Breweries, Ltd., 41s Gd 42s- Hamilton Theatres, 16s; Milne and Choyce debenture stock, 23s 4d; Taranaki Oilfields, lis; Moanataiari (con.), Is 2d; Occidental Una United (con.), Is Bd. UCCIQ TVEI/I/INGTON. November 29. Sales reported—Bank of New Zealand, GCs; Union Bank, £ll Us. union x>ai , DUNEDINi November 29. cels), 21s 7d; Upper Nevis, 27s (two Reported—Union Bank (old), £l4 10s- Union Bank (new), 60s prcra.; New Zealand Breweries, 425; Dominion Kubber, 46s 6d. HIGH COMMISSIONER'S REPORT. The Department of Agriculture has received the following cablegram dated 26th instant from the High Commissioner for New Zealand, London: — TALLOW*. Market quiet and prices same as last quot3tion - EGGS. Supplies are moderate and demand steady. Present quotations are:— English (nominal) —25s to 30s per long 100. Dutch, Trench, and Danish —17s to 2Ss 6d per long 100. Belgian—lßs 6d to 24s 6d per long 100. Australian —20s to 22s 6d per long 100. South African—l4s to 20s per long 100. Argentine, Russian, and Polish —10s 6d to 16s 6d per long 100. WOOL. Sales continue well attended with competition brisk, and opening rates fully maintained. HEMP. Manila declined early this week, and "J" grade November-December shipments sold at £4O ss. Market firmer at close, and January-March shipments sold at £4l. Sisal: Market dull with small sales at reduced rates. Closing values No. 1 NovemberJanuary shimpents £35 10s to £36, and No. 2 20s less. New Zealand —Small enquiry for fair and common afloat. Closing values November-Janu-ary shipments, Highpoints £34, fair £32, and common £3l. DAIRY PRODUCE. The Kew Zealand Dairy Produce Board has received tho following market report from its London Agency, dated Novembor 25th, 1927: BUTTER. New Zealand salted, 172s to 1765, according to grading date, up to 178s to 180s 25/11/27, 172s to 180s 18/11/27; unsalted, 188s to 1925, 188s to 190s. Market quieter. Australian finest salted, 172s to 1765, 172s to 178s; unsalted, 184s to 188s, 184s to 186s. Argentine finest unsalted, 170s to 1765, 167s to 1745. Irish creamery, salted, 172s to 174s (not quoted); unsalted, 178s to 180s (not quoted). Dutch creamery unsalted, 202s to 2065, 202s to 2045. Siberian salted, 158s to 100s, 1625, 156s to 1625. Danish, 204s up to 20Gs, 208s to 210s. Ketail prices unchanged. CHEESE. New Zealand now season white,' 100s to 102s, coloured 99s to 101s, 97s to 100s; old season's .matured white and coloured, 104s, 103s to 104s. Market firm. Better demand. Canadian finest white and coloured, October make 102s to 104s, 102s to 104s; September, 104s to. 106s, 106s. Practicaly no c.i.f. business passing. English finest farmers, 126s to 130s, 126s to 130s. Retail priceß unchanged . The Board has also received the following advice from its' agent in Montreal: — Butter—Montreal 373 cents (Is Aid), New York 51J cents (2s lid). Cheese: Montreal 191 cents (9|d). Total Canadian exports of butter and May Ist to October Bth, 1927 —Butter, boxes, 5101; cheese, boxes, 706,733. May Ist to October Bth, 1926 —Butter, boxes, 112,796; cheese, boxes, 916,773. Decrease —Butter, boxes, 107,695, 95 per oent.; cheese, boxes, 210,000, 22 per cent. LONDON MARKETS. Tho Bank of Now Zealand has received the following cabled advice from ita London office, under dato Novomber 25th:— Tallow—There is a poor demand. Current quotations: • Good mutton, 38s Gd to 39s per cwt; good beef, 39a to 89s 6d; good mixed, 39s to 39a 3d; gut, 33s to £3s 6d. Butter—Slow; 172s to 176s per cwt. Cheese—Firm; white 99s to 102s, coloured 98a to 100 a. Drozen Meat—The market for wether mutton is quiet and unchanged. Ewes are expected to remain steady. The market foi; lamb is depressed, owing to heavy stocks of Argentine, which is quoted at 6Jd to 8d Tier lb. The immediate future prospects for beef are better. Wethers, light 6*d to 6|d per lb, heavy sd, to 6Jd; ewes, 4d.to 4|d; lambs, fl'a 9id to 9}d, ffa W to. 9tf, *'■ BJd to 9d, seconds 8d to B*d; ox hind* Md to 4Jd, ox fores SJd to 3*d; cow binds 4d to 4J, cow fores 3 to 3Jd.

FOREIGN EXCHANGE BATES. (BT CABLE—PBISS ABSOCUTIOH— COPYRIGHT.) (AT/STBALIAH AND ».Z- CABLI ASSOCUMOK.) LONDON, November 28. The exchango rates on London are M follows: — Par. Nov. 24. Nov. 28. Paris, fc. to £1 .. 12.224 134.03 124.02 Brussels, belgaßto£l 5 34.94 54.91 Oslo, kr. to XI .. 18.159 18.35 18.33 Copenhagen, kr. to £1 18.169 18.19 18.20 Stockholm, kr. to £1 18.169 18.10 18.10 Amsterdam, fl. ... 12.107 12.071 12.07 i Berlin, Eeiohmorken to £1 •• "~ 20,i2 20-43 Montreal, dol. to £1 4.86J 4.8616-16 4JBI' 5-16 New York, dol. to £1 4.861 4.8611-16 4.87 13-16 Yokohama, et.toyen 24.5 22 9-16 22| Borne, lire' to SI .. 25.22J 89.55 89.67 Calcutta, «t.torpelstogold£ 18 18 Hong-Kong, st.todol. *_ J* 9*«J Prague, kroner to fl r IMS IG4J * Governed by price of silver. METALS. (Received November 29th. 9.15 p.m.) LONDON, November 28. Copper-Spot, £59 6s lOJd; forward, £59 10s 7Jd per ton. Wire—£6s per ton. Lead—Spot, £2l 12s 6d; forward, £2l 18s 9d per ton. Spelter—Spot, £26 15s; forward, £26 6s 3d P< Tin—Spot, £267 1« 8d; forward, £265 lis 3d per ton. „ . .., Silver-Standard, 26Jd; fine, 37 M6d Pel oz. SHARES. (Received November 29th, 6.5 p.m.) LONDON, November 28. P. and 0. shares are quoted at £267. TARANAKI OILFIELDS. (press association tbusgram.) GISBORNE, November 29. Taranaki Oilfields report :—Waiapu No. 2 well, depth 2650 ft in grey shale; BJin casing down to 2619 ft. _, . . , Gisborne No. 1 well—Testing; water shui No. 2 well—Road constructs and preparation of Bite in hand. COMPANY REPORT. [THE PRESS Special Service.] AUCKLAND, November 29. The annual report of Tattersfield, limv ited, for the year ended September 19th, states that notwithstanding the general de; pression, sales have been maintained, ant all departments have shown profits. Aftei provision for depreciation and book debts the profit available for appropriation is £718( 14s 7d. The directors propose the pay ment of a dividend of 8 per cent., absorb ing £4399 18s Bd, of which 4 per cent, ha! been paid as an interim dividend, the re serving of £I7BO 15b lid for income-tax the distribution of £BSO to the staff by waj of profit-sharing bonus, and the payment o £l5O os directors' remuneration.