QUIET BUT SOUND

Sun (Auckland), Volume I, Issue 207, 21 November 1927, Page 12

QUIET BUT SOUND

LONDON STOCK EXCHANGE By Cable. —Press Association. — Copyright. Reed. 8.10 a.m. LONDON, Saturday. The Stock Exchange is passing through a period of quietude, most sections of the industrial markets having resumed normal conditions, and business is running in much narrower channels than of late. The gilt-edged market remains firm, but business has been restricted by newissue competition. , . . The success of the Kenya loan, whicn was rather surprising in view of its high price, had a good effect and coloniais generally have appreciated, the scrip of recent Victorian Loan reaching 5-lotns premium and the Kenva Stock 11-16tns. A. and N.Z. Land Settlement.—An advertisement in this issue draws attention to a Pf°pos" tion to promote land settlement at Kirkiri. Bay of Islands. This object w assure the successful development or land, help and supervise the laying o planting, cultivation and the maintena of the land until it reaches full fuihon on behalf of residential owners and for absentee and overseas owners- 1 new settlement has been organises - the North Auckland Land Developrn Corporation, Ltd., with a strong boara directors which will also direct age the estate. Those interested in __ new settlement may secure further ticulars from the agents, 2dessr*7 * Mandeno Jackson, Commerce the secretary of the corporation. 9 merce Street. .

Butter and Cheese. —Under date - vember 19, Weddel and Co., Ltd., « cabled their New Zealand agents, a- _____ Turnbull and Co.. Ltd., as folio - Butter: Danish, 208 s to 210 s; land unsalted, 188 s to 190 s; New fr salted, 172 sto ISOs: market Cheese: New* Zealand white andjj-n. 97s to 100 s; market steady. Cana white and coloured, 102 s to 106 s. * Zealand,, old tcaaon's, 102 s Ml