SOUTHERN EXCHANGES.

Auckland Star, Volume LX, Issue 292, 10 December 1929, Page 4

SOUTHERN EXCHANGES.

YESTERDAY'S BUSINESS. WELLINGTON. £ s. d.

4 A' ri E A v#'j C lib AN D ST A it, 'V UESD A Y, DiitiE M ± FINANCE, COMMERCE AND MARKETS. atTthT"marts! IMD SHAREMARKET, Loan, 1941, 4i p.c. ... 99/15/0 .. ■— v . Loan, 1933, 5i p.c. ... 99/12/6 .. — , ni«r , • r * , ■ r. Soldiers, 1933, 5i p.c. 101/0/0 .. — MARKETS AT A GLANCE. JIS STRAWBERRIES BETTER. TRANSACTIONS ON 'CHANGE. mm " ~ will be on the way to this port in a very T f n i « <vwi~/a 1(inr/ . few days. London houses report that iow' II n'£" wi VO " 100/V TRADING s^-oc^s London and Liverpool are much BANANAS SHORT FOR CHRISTMAS. BUSINESS ERRATIC. £££ 1M7-41: 5i'p.c! 99/15/0 100/5/ BRISK WHULhoALt InrtUIISU. larger than they "were this time last year, Loan, 1933, oi p.c. ... 09/12/6 .. — and also that shipments afloat were larger Soldiers, 1933, 5J p.c. 100/15/0 .. — HTR.0 ACID Wfc&S & EGGS ARE DEARER. GAS SHAKES STEADY. " W LOWER PRICES ON CIT . therefore express doubt of any permanent - - «xnw iKS be remenibereT'that^p'ri ces Stunners are now practically clone and morning CALL AND D,V,DEND L,8T ' DRIED FRUIT MARKETS SHOW generally are very low, and if values decline by next week supplies should be finished. 0 p CUe( j quietly with only a couple of SLIGHT WEAKNESS. I muc ! 1 furth er canners forced into Canadian apples are likely to be short sales recorded at the first call. DIVIDENDS. considerably cm tailing theii Output. as stocks in hand may give out before British Tobacco, whose directors have just Loan and Mercantile (final), pref. I American Resin. the new season 's arrive. As a con- announced an increased dividend rate, 2|. p.c., and ord. 5 p.c Now "Auckland Star" Office, Cab]es received ]ast Avec k advised that qprmpnrp , ir i ce s will rise namely from 11 to 12 per cent, are in Bank of New Zealand (Interim), rr 1 in American resin after remainin g firm for soquence P llces 1 bt - demand, and several sales have taken place 1/4 per share Now Tuesday, December 10. p - fo , gooseberries are the lowest at £2 5/ for the £1 shares . 4 Dec™; "Wholesale grocery houses have been ] ott - er market, latest quotations received J jank s c hares are ? ti]1 depressed, and I Devonp'ort sYeam 3*3* i>"c. Dec! exceptionally busy during the past week, showing a reduction of 5/ per ton on G, s . . offerings for several lines of scrip at this Mount Lyell (final), 2/9 a share .. Dec. If , • i , +i,of nil /lpmrtrrients and 10/ per ton on N, for immediate ship- Thames apricots arc beginning to come morning's call were on a lower basis. Goldsbrough, Mort (Interim), 10 and it IS anticipated that all departments forward, but the samples are only small. M ilne and Chovc serin ™ „ ■«. P- c - P- a Dec - 2C will experience very heavy trading right ' Rangoon Rice. The first of local hothouse grapes have buyelvs at £1 7/fo l t he shar m ■?} M°rris Hedstrom (final), 4 p.c. .. Dec. 31 up to the end of the present month. Fancy R ang00n r j ce remains fairly steady at u ]i lde theu ' a PP earance and sold at .7/3 for the debenture stock. ' National °Bank Zealand goods houses are also exceptionally busy last ruling rates, the recent low quota- , a * • <1 f 11 *-* as keeps steady at about £1 5/ (Interim), 6 p.c Jan. 4 just now, and as all oversea shipments tions advised some weeks ago encouraging are1 now about. in the n South Insm . ance • CALLS. , , , , . nnA xi • • wholesalers to place the greatest portion swing oi uie buisoii aim wiuuiu J- 1 - 111411 " k es f 0 f}' i. ™ > / T)n « have come to lianc in g < > 0 f their season's requirements for delivery so until about Chnstmas. Ihe demand j,,.... f , , , T Lucky Shot—3d per share Dee. 18 the various departments have been able ti ie next direct steamer, leaving should increase uiuil this time, and the ... io* war d for New Zealand Mount Welcome—Id per share .... Dec. 20 to display their new arrivals to the best approximately March-April next. Present quality of the *ruit should also keep up. ' ofreis reduced to £4 4/. _____ advantage, which has been of considerable indications are that although the market Weather conditions, however, are a I A parcel of debentures issued by the assistance to buyers. Drapery houses are remains unaltered at present, the tendency important in connection with this mat. 1 apier Harbour Board, QVz (1942) was QHIITMFRM FYPH Sow featuring toys, fancy novelties, jewel- i 6 distinctly firmer. Bananas will be scarce for the Christ- at £112, a buyer responding with bUU , MtKN tAoHANutO. lery, toilet needs, holiday apparel, novelty Penner mas season » as tllc cai 'E° from tllc Wai " aifts anions: their many attractive dis- •* pahi's special trip was , much smaller Th N _ .. Slavs which are already attracting con- Cables received from Singapore last than was expected. Prices will there- « , , . , YESTERDAY'S BUSINESS. siderable business In this respect the week showed still further fluctuations, all fore be high. , . " ber ot ircsh sales were completed public are strongly advised to make their grades offered being listed at slight de- Rulh valueS) according to !! E f 7 reported atthe Christmas purchases as early as possible chnes to the offers of the previous week. arc: _ ! 100 " ( . al ' whe " t h r re e more transactions WELLINGTON. in order to secure the best selection. If This reduction coming so close on the • Stunners 9/ to 12/G* Jona- 111 . ( T 0,d8 . br0U 8 h ' Mort ri e ht s were also NZ Brewe ries debentures ' ' left till nearer the holidays they will also sailing ot the December direct steamer, c; nad l 2 0/ to 21/- Delicious re g lstercd - ( . (2) 18 0 have greater difficulty in securing the although very favourab e to buyers, has '\ To ,/ town Pj';,, Qana- A sale of Milne an 'l Choyce debenture Bank of New South Wales .. 42 15 0 necessary attention. suited in much business owing to an, 1J/ a stock at £1 7/6 represents a new high Union Bank 13 12 0 the greater proportion of buyers operating ' V,' 4. ' T j IpvpI fnr thifi srrin Gear Meat 2 6 0 General. when new season's quotations were first 1 • Barry, 9/ to 11/ lomatoes: Hothouse, el tor this sciip British Tobacco 2 5 3 An unusually heavy demand is being announced. It is not anticipated that the |u. .Ihlo'or" 6 (i'/-.°'lb' ' Mount Lyell experienced by all groeery houses for present favourable quotations will hold y v _■ 18/ t " 9il /.' The return to the investor on his out- CHRISTCHURCH. canned fruit—peaches, pears, apricots and beyond the departure of the Narbada on y ial ? ges : y il n , . a ,. Ilcla > / ' ' lay, based upon the latest dividends and , £ s. d. pineapples—these being very popular for the 12th, and that there is every indica- h a 5 / 0llll yt',wberi°i-s• Ma.truerites Vd' to in the case of loans and debentures upon National Bank of Australasia picnics, etc. All Christmas commodities tion that the market will firm. Mail (V ] , 1 Surm-ise VAcl to 9(1- Civ- redemption at maturity, works out as National Bank of* N.Z.'!!!.' 6 15 0 are selling well, and by the time mer- reports received advises that arrivals at Plums-' Cherr? folloWS for the latesfc saies: ~ Goldsbrough,^ Mort ..7..::.. 1 18 6 chants close for the holidays' at is expected shipping centres are already commencing 2/6'to 4/- red cookimr 4/ to 5/ PER CENT PER ANNUM Ditto (rights) 5 0 that most lines »ill be ®ld out. Already to eho.v *, of Wfc, off sli.htly, ,„,1 6° B ' SM 1 , „ KTi°r! 2 1! I some items are in short supply with mer- there is no doubt that towards the end ot T * . 0/ , n o/' T omn „ t . 1 in/ s " d - m , urewery - ics u chants unable to reoffer on account of the present month supplies will tend to 14/; x 0 2 , 7/ to 9/'. Grapes: California.!, FCLs' tl Tuc L tio a neerfng 1961) 10 " D°itt 0 S .. .! W ?. 7 .!!!!.'!!!!! 2. 1 3 no further replacement stocks coming become less plentiful In the meantime 11 /' ba rre ls 27/6. Bananas: Choice re- Auckland Gas . g 0 New Zealand Drug 3 13 6 forward. The last shipment of new golden on any appreciable declines it would be 22/ ' t No 2 d medi 15/ Devonport Steam . 6 11 10 New Zealand Fertiliser .... 1 2 3 bleached raisins has proved an excellent strongly advisable to cover as the short * 20/ British Tobacco 5 6 8 British Tobacco 2 5 0 sample and the quality of the newly position is by 110 means covered, and the Mount Lyell 9 12 8 United Building 15 1 arrived bulk and carton dates leaves market is likely to be subject to some Glut of New Potatoes. N'.Z. Breweries debentures .. 7 2 10* Ly ell (3) 2 1 6 nothing to be desired. There are still sharp advances. Now that the bulk of Qn account of general wet weather Mi ' n^. k ancl Cho - vcti debenture 0 • small supplies of old season's seeded and the crop has been marketed, and arrivals mos t of the new season's vegetables are Mount Albert" I o'nn " 'ni u 16 6 DUNEDIN. seedless raisins available, both in bulk and may be expected to become less and less, coining in late. This applies in particu- (i960) ' * 5 10 n ro mmP rH«i Rnnk of Aim 1 fi a cartons, and as the quality of both lines as time goes on the ultimate prospects ]ar to CUC umbers, marrows and 1-rench » The calcuHtion In , n Bank of New South Wales 42 17 6 is quite good and the price of new seasoni s are certainly for higher markets. beans. More outdoor cucumbers arc debentures does nn\ iLin,S, , ° rewer y Union Bank 13 10 0 so much higher, it is considered that both Walnut Halves appearing, but not in the numbers holders are to have the rirht Goldsbrough, Mort (rights) . 5 1 these lines will experience a good demand. . * expected. into shares on April l, 1930 locomert Ditto 5 3 There is still a distinct shortage of wal- Cables received last week advised a • snnnh' and sneak- N.Z. Guarantee Corp 8 8 nut halves which is inconveniencing reduction on extra perfect (French) wal- . AU "nes aie m lair supplj, and, speak N.Z. Paper Mills 1 0 3 iiui, iidivco, ™ o 1. f c/ , f ,f„ P , v - r j jiiin. me generally, the demand is keen.