TO-DAY’S QUOTATIONS

Sun (Auckland), Volume III, Issue 709, 8 July 1929, Page 10

TO-DAY’S QUOTATIONS

CANADA'S TRADE FIGURES ADVERSE BALANCE WITH U.S. (Australian and 27. Z. Press Association) ( United ServiceJ OTTAWA, Saturday. The trade of Canada increased by £61,561,000 in the 12 months ended May 31. The value of the imports was £259,347,500, an increase of £32,884,000, * and o/ exports £276,951,000, an increase of £28,678,000. Experts regard the revised trade figures for May as alarming, as they show a large adverse balance with the I’nited States. Canada imported American goods valued at £17,900,000, and sold to the United States goods worth .£9,400.000 in the 12 months ended May :• i The licrures were equally alarming in 1925. The exports were valued at £96. .‘OO,OOO, and the imports at nearly £147,800,000. an adverse balance for the year of £51,500,000. In 1920 the exports were valued at £101.650,000, and the imports at *179.000.000, an adverse balance of » nearl’v £79,000.000, an increase in one i year of over £27,000,000. LONDON MARKET REPORTS (Australian and X.Z. Press Association) LONDON. Saturday. 4 Sheep.—Canterbury, medium, 6*d; * North Island, heavy, sfd; New Zealand, ewes. sd. * Lambs.—Canterbury, light. 9 3-Sd; medium, Sjfd; other selccteds, medium, s 5-Sd; North Island, firsts, light. 9 l-8d; medium, Sid: Australian, none offering. Frozen Beef.—Australian crops, 4 7-17 d; others, unchanged. COTTON, RUBBER, HEMP, ETC. < Last week’s prices in parentheses.) Got ton.—August delivery, 9.79 d (9.01 d) a lb. Rubber.—Para, Hid (lid) a lb: plan- - lation and smoked, 10 15-16 d (10j|d> a lb. .rute.—New crop. Aupust-September shipments, £3l 3s 9d (£3l) a ton. Hemp.—Good to fair. June-.Tuly shipments, £34 I*>S (£34 10s) a ton. Copra.—July-August shipments, £2l 1 J (£2O) a ton. k Linseed Oil.— £32 5s (nominal. £3O), ; Turpentine.—l4s 3d (,41s 9d) a cwt.

Closing Quotatolns at to-day's mid-day call were:-

LONDON MEAT MARKETS

SMITHFIELD PRICES The New Zealand Meat Producers’ Board has received the following cablegram from its London office, dated July 5, advising Smithfleld delivered prices averaged for the week ended that date, as follow: New Zealand Wethers and Maidens. —Canterbury quality: Selected brands, 561 b and under. 7d a lb; 571 b to 641 b, 61d; 651 b to 721 b, 5Jd. Other brands: 561 b and under, 62d; 571 bto 641 b, 5 7-Sd; 651 b to 721 b, s£d. New Zealand Ewes. —641 b and tinder, sd. New Zealand Lambs. —Canterbury quality: 361 b and under, 9 3-8 d; 371 b to 421 b, S?d; 431 b to 501 b, 8 1-Sd; seconds, 8 7-Bd. Selected brands: 361 b and under, 9£d; 371 b to 421 b, 8 5-Sd. Other brands: First quality, 361 b and under, 9 1-Sd: 371 b to 421 b, B£d. Second quality, 301 b to 321 b average, 9 l-Bd. Argentine Lambs. —First quality: 361 b and under. Sid: 371 b to 421 b, 7&d. Argentine Chilled Beef. —Ox fores, 44d; hinds, 73d. Australian Frozen Beef.—Ox crops, over 1001 b, 4 id; hinds, over 1601 b, 5 5-Sd. New Zealand Frozen Pork.—Porkers, 601 b to 801 b. B}d: 811 b to 991 b. Sid: 1001 b to 1201 b, Sid; baconers, 1211 b to 1801 b, Sid. Lambs. —The market is easier. Mutton Market. Heavy-weight wethers are firm. The demand is better for ewes. New Zealand Porker Pigs.—Nominal prices. New Zealand Baconer Pigs.—Better inquiry owing to improved bacon market.

MINING NEWS

LUCKY SHOT. —The manager reports: “The low level crosscut has been extended 15ft for the week, and several sets of timber had to be put in on account of the ground becoming very hea'Ofc bark from the face. A change took place today and the face Is now in a splendid class of andesite, being interlaced with small quartz veins. The first branch of the Reuben Parr reef should be met with at any moment now. To speed u 7 the progress the rock drill will be started this week.”

Buyers. Sellers. BANKS— Aust. of Commerce 1 16 0 1 16 9 Australasia 14 16 6 Com. of Australia . 1 9 1 9 6 Bit to (con.) .. .. 0 19 6 Ditto (pref.) .. .. 8 0 8 9 0 National of N.Z. .. V 2 6 7 6 0 Nat. of Australasia 19 11 0 Ditto (con.) .. .. 9 12 6 New South Wales . 51 0 51 15 0 New Zealand .. .. 1 0 1 6 Ditto (D. .Mort.) . . 1 8 0 Union of Australia — 15 15 0 INS URANCE — A.P.A 0 12 1 0 12 6 National 0 16 0 16 4 New Zealand .. .. 2 8 9 3 0 South British .. .. standard 3 4 6 — LOAN AND AGENCT— Abraham & Williams (pref.) 4 S 0 — Dalgety and Co. 15 Farmers’ Co-op. Auctioneering 0 10 0 Ditto (A pref.) .. 0 17 Ditto (B pref.) .. 0 17 0 Ooldsbrough, Mort . 9 8 0 Newton King (pref) 0 11 0 N.Z. & River Plate 1 10 N.Z. Guar. Corp. .. 0 9 6 0 10 0 N. Auck. Farmers’ Co-op. (ord.) .. .. 0 2 9 Ditto (B pref.) .. 0 1L 6 Wright. Stephenson and Co. .. .. •• — COAL— Grey Valley .. .. 1 3 3 — Hikurangl (pref.) .. 0 3 6 Ditto (A pref.) (J 1 9 Pukemiro .. .. .. 3 5 6 8 8 0 In 0 Ditto (pref.) .. .. 0 10 0 3 2 Taupiri 1 Ditto (pref.) .. .. o Waina . . .. •• .. 11 S — Westport 1 12 0 — GAS— Auckland 1 4 3 1 4 S Ditto (con.) .. .. 0 Gisborne t» SHIPPING — Devonport Steam .. — 1 3 0 Huddart-Parker Ditto (pref.) .. .. Northern Steam .. 0 14 15 Ditto (con.) .. .. 0 6 S < p. O. (def. stk.) Union Steam (pref.) 1 0 6 — TIMBER— Bartholomew .. 0 19 9 — Kauri Timber .. .. 3 Leyland-O’Brien • . — 1 13 National < 6 WOOLLEN— Kaiapoi 0 13 9 0 14 4 Ditto (con.) .. .. 0 4 4 Ditto (pref.) .. .. 0 1» 6 Wellington .. .. .. Ditto (pref.) .. .. 7 — BREWERIES— C. L. Innes .. 1 0 0 — N.Z. Breweries 3 lb 6 3 17 9 M18CEL.LANF.OUS— Adair Bros 1 1 6 Auck. Amuse. Park (pref.) 0 2 0 0 12 0 Booth. Macdonald (ord.)

Buyers. Sellers. Ditto (pref.) .. .. 0 4 0 British Tobacco a 6 9 3 Burns, Philp 2 b 0 Bycroft, Ltd 1 12 (5 1 16 0 Checker Taxi . • .. 0 i Colonial Sugar 57 10 0 5S 0 0 Dominion Pictures.. 1 0 6 Ditto (pref.) 1 0 6 Donaghy’s Rope 1 14 0 Dunlop Rubber .. .. 1 7 0 Electrolytic Zinc 1 Ditto (pref) .. .. 1 Farmers’ Trading .. 0 7 11 Ditto B (pref.) .. 0 12 0 0 Gear Meat Drey and Menzies .. 0 10 9 Hayward’s Pictures H.M. Arcade (pref.) 1 0 Lewis Eady (ord.) . 1 1 Ditto (pref.) .. .. Milne and Choyce . 1 6 6 Ditto (pref.) .. .. 1 K Ditto (B pref.) .. 1 6 6 Ditto (deb. stock) 1 6 7 1 11 X.%. Express (pref.) 0 16 6 N.Z. Farmers' Fort. 1 2 8 3 N.Z. Paper Mills 1 0 0 1 6 N.Z. Refrig, (con.) 0 7 Robinson Ice Cream 1 1 6 Sanford. Ltd 0 IS 0 0 19 0 Ditto (pref.) .. .. 1 0 0 1 1 0 Sharland and Co. . 1 0 Thames Theatre 0 10 Tonson. Garlick 0 Wilsons Cement 2 2 0 — MININGAlburnia (2s lOd pd.) n 1 3 0 1 fi Moanataiari (paid) . Lucky Shot (4s pd.) 0 0 10 Ditto (con.) .. .. 0 0 4 0 1 Occidental-Una (2s paid) 0 0 3 0 0 51 Ohinemuri (ord.) 0 8 4 Waihi Grand June. 0 0 9 Broken Hill South . Kuala Kampar Tin . 0 12 8 ° DEBENTURES — 93 0 0 98 99 Ditto, 5} p.c 101 Ditto, 6 p.c City of Auckland. 1040 6* p.c 99 Ditto, 1936, El p.c. 99 Ditto, 1943. 51 P.C. 101 0 • Bor. of Devonport, 103 Bor. of Mount Eden, 6 p.c. 104 X.z Breweries .. . 1 Gisborne Sheepfarmers U GOVERNMENT BONDS100 0 0 — Ditto. 1939, 4i . 100 Ditto, 1941. 41 .. 99 lo 0 Ditto, 1933, 5i p.c. 101 0 Ditto, 1936, Si p.c. 101 5 — INSCRIBED STOCK 100 0 0 — Ditto. 1939, 41 p.c. 100 — Ditto, 1927-41 6199 5 0 Oltto, 1933, 51 p.c. 99 10 Ditto, 1933, 51 p.c. 101 6 101 0 Ditto, 1936. 51 p.c. 101 5 Ditto, 1932, 51 p.c. 99 10 0