SOUTHERN EXCHANGES

Sun (Auckland), Volume II, Issue 598, 26 February 1929, Page 12

SOUTHERN EXCHANGES

YESTERDAY’S SALES Press Association Wellington. —New Zealand Breweries bonds., 2SN Sd; New Zealand Sr ewe? el . w » e . n "Pon -Meat Export »? i? d V &» nk N< ?.v Zealand. 63s SdZealand (D shares), "Ss 9d; Bank of Australasia, ill.'* is t>d CdfbTssi’T^ eW Zealand Breweries LONDON MARKETS (From Our Own Correspondent) 5\ KLLINGTOX, Monday.

The Department of Agriculture has reT?Ji’ ed fp llo wing cablegram dated High Commissioner loi New Zealand in London: Tallow—No auction this week on acsupplies. Spot market, frteadv at last rates quoted. Honey.—Market Quiet. Current prices are. New Zealand, o.s to 84s a cwt: Jamaican 42s Sd to 555: Canadian, 50s to *os; Lnhforman, 47s Sd to 545: Haitian < medium) 4*>s: Argentine (medium Avhite), 4os.

Hemp.—With the continued heavy receipts Manila prices dropped again but the market improved later. The closing value of ~J” grade for March-May shipment Is £36. Sisal: The market is quiet and business is curtailed owing to the absence of sellers, as buyers’ ideas are low. Buyers quote good marks Xo. 1 grade at £4O to £4O ss: Xo. 2 grade at £3B 10s; fair average quality. 10s less. Xew Zealand: The uncertainty of the NTanila position is causing buyers to hold off and. with more offering from Xew Zealand, the market has declined. Some business is reported at the following limits: High points, £34; fair, £32; common. £29 15s: rejected, £2B 15s. Tow.—Second grade. £2l 10s. and third grade £lB, February-Aj»ril and MarchMay shipments. Stocks in Great Britain on January 31 were 52 tons, against 51 tons at the same tin e last year.