COMMERCE AND MINING

New Zealand Times, Volume XLIV, Issue 10291, 28 May 1919, Page 10

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE,

YESTERDAY'S QUOTATIONS

TRANSACTIONS ELSEWHERE.

Press Association. AUCKLAND, May 27,

Sales— Colonial’Sugar (Fiji), -620 3s. Sales i reported: Bank of New Zealand (paid), AIS IW. : Auckland Gas (paid), 275. - V. . ’ .C-HBISTCHUECH, May. 27. .Sales reported ;. , ,■ . - .v ” ■: Government Ji per cent. Bonds (1338), £96 10s. ; ■ . ■ . , ■ -- - Government Inscribed Bonds, £9o los. • Union Bank, £57 ss. - Goldsbrough-Mort. Melbourne, £2 Ss. Kaiapoi AVoollen, A 3.

FINANCIAL CABLES

k BANK-AND STOCK EXCHANGE’ , REPORTS.

Australian and N.Z. Cable Association. LONDON, ilay 15 (delayed). The leading items of the Bank of England return which was issued tor ill© week ended Wednesday, May Mth, comoaro as 1 under with those for the Previous week: — This week. Last woes.

20.50 p.o. 13.30 p.e HOXEY MAEKET.

The Bank of England discount tats .is 6 per-cent., at which it has. stood since April. 6th.w, i Short loans are 1 per cent. }ow|r ft o£“per cent. Three months’ bills are nnchanged at 3J per cent, discount. CONSOLS AND AUSTRALASIAN STOCKS. Current quotations for Consols ana Australasian Government stocks, compared with those last week, are

This week.

Last week.

COMMERCIAL CABLES

Australian and N.Z. Cable Association. LONDON, May 15 (delayed). Cheese. —The Ministry of Food does’ not intend to purchase the surplus of Canadian cheese this season, but. will earo the matter in the hands of private mporters to deal with. The retail price if all"imported’ cheese stands at Is 6d per '°Wheat apd Fleur—The.market is dull, "‘here is. very little offering. ...... ;Oats, —(Juiet, but steady business. Beans.—Prices are firm. Peas.—There is a good demand for -New ealahd/arid‘for Tasmanian white. The itter arc held for from 120 s to 130 s. ■ Butter.—No change. - Sugar;—No change

BALE OF AUCKLAND TRAMWAYS,

- . LONDON, Mar 15 (delayed). The debenture-holders of the Auckland Xectric, Tramways have passed a resolupn .Assenting to the sale of the underikiiig to the Auckland Corporation.

- - LONDON WOOL SALES,

Australian and K.Z. Cable Association. • LONDON, May 15 (delayed*.

At the wool sales there was a smaller attendance'-than usual. Carbonising wools were'dj-regular j n Price. Combings sold at recent rates". "Minnie Downs," 12d (?); - ‘Brindley Park,” 27d to 253 d. . New Zealand: "Gore,’’ 61d to 511. Wba .Bradford market is firm, and there 5s a moderate inquiry. Prices are strong, substantial-advances being asked for early deliveries ■ CANTERBURY GRAIN. MARKET. • Press Association. . CHRISTCHURCH. May 27. The long dry spell has been broken bycold sou’-west rain with snow on the ranges and on Banks Peninsula. Hip principal effect it is likely to- have on the market will be the hardening of the prices of oats nn*l ofitftlic&f chair, Zhprc are practically no oats offering by growers, although Algerians and good Duns nre in demand for seed, but are d.lficult to produce. Growers do not like !o part with their oats in case they wav want them for their own use, and now that the weather has broken they will no doubt. bo - still more reluctant to sell. The same remarks apply to oatsheaf chaff and '.though the nominal price ;s .>5-1,3s to JX at country stations there ere very few sellers. The partial removal of the embargo on the shipment of potatoes to Australia has not affected the ailcet to

Buyers. Sellers. £ S' d. £ -s. d. Minins— Consolidated , Goldfields 0 7 G Talisman 0 7 11 Waihi '. — 2 4 9 Waihi Junction — 0 13 3 Waihi-Paeroa — 0 3 9 ,' J Ilrvpstraent— Kafional Bank 6 6 0 " ■_ Bb; of -X.S.W — 38 i7 0 Bk. N.Z,k(«E3 Cs 8d) — 14 0 0 Bk. JS.Z. (.£6 13s 4d) ... — IS 11 0 Equitable Building ... 9 2 0 ■ MetfopoUtan Perm. .. 11 7 6 — Trust and Loan 4 o 15 0 , — "Wellington Deposit ... — 0 10 0 Chfistchurch- Gas 6 11 0 ’ •"* Napier Gas (.£10 pd.).. — 9 10 0 ..Wp. Gas — 11 17 6 Sth. British Insurance 7 14 0 — Katiohai Insurance ... — 3 !6 6 iVn; Meat Export (J!2'12s 6d) 6 — H u d d a r t - P a r k e r 12 0 0 2 -1 0 D.S.S. Co. (pref.) ..... i i 3 — P. and. 0. 103 0 ,0 .— Wh. Woollen (ord.) ... — 8 0 0 Wn. Woollen (pref.) ... 4 17 0 — 0 "Westport Coal — 1 <2 Waipa Coal — 0 ’5 Golden. Bay Cement — 0 19 .Consolidated Dental .... 1 6 0 „ Jf.Z. Paper Mills 1 7 0 — Scbullar and Co. ... 1 2 6 — Ward and Co 4 17 6 Wilson’s Cement 0 15 4 0 15 0 inscribed Stock 93 7 6 90 17 War Bonds (1930) ...... 86 10 0 5 p.c. P.O. Bonds ““ 98 5 0

io COMMERCE AND MINING , WELLINGTON STOCK EXCHANGE. } f YESTERDAY'S QUOTATIONS. 1 . ' Buyers. Sellers. \ J JJ s.d. £ -s. d. *' Minins— 1 Consolidated , Goldfields — 0 7 6 Talisman 0 7 11 — Waihi ■. — Waihi Junction — 2 4 9 0 13 3 0 3 9 i .' J TlrveStinent— : National Bank 6 6 0 — ! Bb: of N.S.W - 38 i7 0 ! Bk. N.Z,.;(.E3 Cs 8d) — 14 0 0 : Bk. N.Z. (.£6 13s 4d) ... — IS 11 - 0 , Equitable Building ... 9 2 0 ■ i . Metropolitan Perm. ... ll * 6 — * Trust and Loan 4 5 15 0 , — 1 Wellington Deposit ... — 0 10 0 i Chfistchurch- Gas 6 11 0 ’ •"* JSapior Gas (.£10 pd.)... — 9 10 0 •Wp. Gas — 11 17 b * Sth. British Insurance . 14 0 — f National Insurance ... — 3 !6 6 f Wn; Meat Export 1 (£2 ‘ 12s 6d) 2 12 6 | HuddarLPnrker 2 0 0 2 T 0 ? D.S.S. Co. (pref.) ...... 1 1 3 — , P. and. O.. 403 0,0 •• i Wn. Woollen (orcl.) ... — Wn. Woollen (pref.) ... 4 IT 0 8 0 0 — 'Westport Coal — 1 *2 0 i Waipa Coal — 0 *5 6 5 Golden,Bay Cement — 0 19 3 i .Consolidated Dental .... ,1 .6 0 . N.Z. Paper Mills 1 7 0 — i Scdullar and Co. ... 1 2 6 — Ward and Co 4 17 6 Wilson’s Cement 0 15 4 0 15 7 inscribed Stock .93 7 6 90 17 6 ; War Bonds (1930) ...... S6 10 0 , 5 p.c. PlO. Bonds — 98 5 0 . TRANSACTIONS ELSE WHEBE. . Press Association. , AUCKLAND, May 27. Sales— Colonial Sugar (Fiji), ,£20 3s. 1 Sales i reported : — Bank of 7s T ew Zealand (paid), £18 lire. i Auckland Gas (paid), 2*s. ’ , ‘i .CHRISTCHURCH, May. 27. .Sales reported :— • . ■ ; . Government .ii per cent. Bonds £96 10s. £96 15s. Government Inscribed Bonds, i - Union Bank, £57 5s. £2' 8s. ; - Goldsbrough-Mort. Melbourne, Kaiapoi AVoollen, £3. j FINANCIAL CABLES HANK -AND STOCK EXCHANGE : ’ , REPORTS. I Australian and N.Z. Cable Association. , LONDON, May 15 (delayed). * The leadine items of the Bank England return which was is sued lor ; die week ended Wednesday, May Hth, compare as 1 under with those for the previous week This week. Last wee*. £ £ * Gold and silver coin 84.013,000 Keservo • « 26,337,000 fii.-kjS.oix/ 26,130,000 Note circulation ... - Vo,48'/,000 76.782,000 Govt, deposits . 22,807,000 23,692,0*10 Other deposits ...... XH,4*9,uuO Xlo.lbl.OOO Govt, securities 46,434,00o 49,453,000 Other securities ... Vi,ss4,000 79,477,000 Proportion reserve to 19.30 p.e. liabilities 20.50 p.o.

£ r. d £ s. . 64 p.c. I. Consols 10 0 55 0 0 War loan 94 2 6 93,.;i7., 6 3Jr -War Loan..... 89 5 0 89;, 0 0; j p.c. New Zealand* .. 88 15 0 83 13 6 BV pjc. New Zealandf .. 78 0 0 78' 0 0 8 p.c. New Zealand! .. 68 0 0 68 5 0 64 p.c. A.C'th. 1920-22 100 0 0 100 o 0 64 p.c. A. C’th, 1922-27 101 0 0 100 12 c 4* p.c. N.S. IVales H8 0 0 86 10 0 84 p.c. N.S.W. 1930-50.. . 40 0 0 75 0 0 8 p.c. N.S. Wales 74 10 0 74 10 0 4 15. c. Victoria . 98 2 6 98 15 0 84 p.c. Victoria, 1921-26 90 o 0 90 0 0 84 p.c. Victoria, 1929-49 74 1 6 .4 5 0 8. p'.c4:;.Victojria . . 68 10 0 66 f 10 0 84 p.c. Sth. Australia. . 78 0 0 77 12 6 &'p.c. Sth. Australia . . 60 17 6 60 0 4 p.c. Queensland ....... . 94. * 2 6 91 2 6 84 p.o. Queensland .... . 90 0 0 90 0 8 p.c. Queensland .... 7 6 84 7 84 n.e. W. Australia . . 80 3 0 79 12 p.t. AY...Australia.... . 74 0 0 f-i 4 6 84 p.c. Tasmania . V8 15 0 /y 5 6" p.c.' Tasmania . VI 0 0 : . narable in May and November. tlntereat payable In January and July. • ilptereet payable in April and October.