VALUES ON STOCK EXCHANGE
CHRISTCHURCH RATES, SEPTEMBER 22, 1939
FORMER LEVELS COMPARED
OTHER QUOTATIONS
SYDNEY
MELBOURNE
WELLINGTON Sales on ’Change £ s. d. Ins. Stock, 4 p.c., 1943 .. • • 9 Z J? 5 Broken Hill Proprietary .. 3 11 0 (Both late Thursday.) New Zealand Insurance .. 2 14 o New Zealand Breweries, .. 111 British Tobacco .. •• 2 6 3 G. J. Coles .. . • • • 311 6 Wilson’s Cement .. -• 01° * Woolworth Properties (2) 12 6
DUNEDIN Sales on ’Change £ s. d.
Christchurch Tramways, 41 p.c. debs., 1942 .. 99 10 0 Standard Insurance .. (2) 214 6 N.Z. Refrigerating (con.) ~ 0 8 3 New Zealand Breweries .. 111 3 Mount Lyell (late Thursday) .. 110 9
Buyers are showing restraint in the Sydney share market, and some sections are slightly weaker, notably . barriers. Sellers, however, are not pressing. Morning Sales £ s. d.
Commercial Bank of Sydney (N.Z. delivery) .. •• 1? 2 0 Tooheys , n n Tooths ■ - ■ • • " ? 5 2 Broken Hill Proprietary .. 3 7 8 Bums, Philp 2 11 3 G. J. Coles .. ' • • • • 3 8 0
Afternoon Sales £ s. d. Comm. Bank of Sydney .. 17 3 0 Comm. Bank of Sydney (N.Z. delivery) V 2 0 Union Bank S J? 2 Bums, Philp ■• • • • • 2 110 British Tobacco • • •• % " 5 British Tobacco (N.Z. deliv.) 2 5 0 Associated. Newspapers .. 015 6 Associated Newspapers (pref.) 018 6 Tooheys . - • • •• J „ 2 G. J. Coles .. . ■ • 3 8 0 Aust. Consolid. Industries .. 113 0 Aust. Consolid. Industries (rts.) 0 4 1 Hume Pipe (ex dlv.) .. 016 9 Farmers .. • • • • f i 2 Woolworths .. .. •• Jig Goldsbrough, Mort .. •. } 9’; Felt and Textiles .. •• J | •» John McGrath .. ... 16 0 Electrolytic Zinc .. .. 214 0 Mount Morgan • • •• ? 9 o Mount Morgan (pref.) .. 10 9 Mount Lyell .. .. i .. 19 6 Broken Hill Pty. .. .. 3 7 4 South Broken Hill .. ... ill Emperor .. • • ..092
ASSOCIATED BANKS’ DOLLAR RATES The Associated Banks (other than the Bank of New South Wales) quoted_the following rates yesterday on a New- Zealand currency basis. They are subject to alteration without notice:— - U.S.A. Canada. (Per £1 N.Z.) Dol. Dol. ® elli TT~ .. .. 3.05* 3.38 7-16 OD. .. .. 3.05 15-16 3.38* Buy iTf- .. 3.24 3.57 OX). .. .. 3.29 9-16 3.62*
GRAIN AND PRODUCE
DULL POTATO MARKET Business in the local potato' market is still very dull and the quotation of £l3 to farmers is only nominal. It appears that there are still a number of small odd lots held in the country and in the present state of the market these are, proving difficult to quit. The Government has notified "merchants that it requires a monthly return to be made of stocks of seeds held in stores and it is understood that in the meantime the export _ of all but three lines has been prohibited. The three lines excepted are stated to be fescue, browntop, and Suckling clover. Quotations. The president of the North Canterbury Grain, Seed, and Produce Merchants’- Association supplies the following quotations, prices . named being to farmers on trucks at country sidings, unless otherwise indicated;— Wheat—Milling, f.0.b., Tuscan 5s lid;. Hunters 6s Id; Pearl 6s 3d. . (Final payment of 3d a bushel oh all wheat at the end of year.) Oats-^A! Cartons 2s 7d to 2s Bd, B Cartons 2s 4d. Algerians 3s to 3s'6d, Duns 3s 6d to 4s 6d. ' Ryegrass (good germination)— Perennial up to 5s 6d (nominal). Italian up to 4s to 4s 6d (nominal). Cocksfoot—6d to 7d (nominal), i White Clover—ls to Is 3d per lb. Red Clover—Old season’s. 4d to 6d per lb; new season’s, 7d. Potatoes—£l3 a ton (nominal). Chaff—£4 to £4 25,6 d a ton. Barley—Malting 4s 7Jd,. feed 3s to 3s 6d a bushel, according to quality. Bran—Large £4 15s, small £5 ss. Pollard —Large £6 5s a ton, small £6 15s. , ASHBURTON Ashburton grain, seed, and produce merchants report a strong retail demand for all lines of ryegrass, clovers, and cocksfoot. , There is also a good demand for seed wheat and oats. Partridge, peas are also being sold, but supplies are scarce: Most milling wheat has now been marketed. The potato market remains quiet, but a demand is anticipated within the next few weeks. Other lines show no change. The following are prices quoted to farmers, on trucks at country stations unless otherwise indicated, sacks extra, free of commission:— Wheat—Tuscan 5s lid. Hunters 6s Id, Velvet or Pearl 6s 3d, f.o.b. (3d bonus at end of season). Oats—A grade Cartons 2s Bd, B grade 2s 4d, Algerians 3s to 3s 6d, Duns! 3s 6d to 4s 8d (according to quality). Grass Seed—Perennial 5s 3d, Western Wolths and Italian 4s 6d to ss, cocksfoot 6d .lb. white clover Is 6d, red clover 6d to 7d lb. Oatsheaf Chaff —£4 a ton. Partridge Peas—No. 1 grade Bs.* Potatoes—Dakotas and white £l7 for September delivery (nominal). VEGETABLES AND FRUIT CHRISTCHURCH MARKET With the exception of cabbages, which are scarce, good supplies of vegetables are available.
Rilling values are:— Cauliflowers, 3s 6d to 10s a dozen; cabbages, up to 8s 6d a dozen; lettuce, 2s 9d to 8s 6d a dozen; spinach, 3s to 6s 6d a dozen;'celery, 2s 6d to 8s a dozen; rhubarb. 7s 6d to 12s 6d a dozen; sprouts, 4d to 6J per lb; potatoes, up to 7s 6tJ a sugar-bag; onions, best quality up to 12s a sugarbag. Fruit—Apples: Good quality lines are scarce, and values are: Delicious, ,10s to 14s a case; Sturmers, extra choice'up. to- 10s 6d, others 5s to 8s 6d; cooking apples, up to 10s a case. Pears: Dessert varieties, very scarce, up to 7s 6d a half case; cooking, 5s 'to 6s. New Zealand passion fruit: Steady supplies coming forward, realising from 8s to 10s a case.
Imported Fruits—A shipment of Queensland pineapples came to hand during the week, and values were up to 21s a case. A small shipment of Australian oranges arrived yesterday. Shipments Arriving—Further supplies of Queensland pineapples are ex pected next week. Eggs—First grade Is 4Jd, seconds Is 3d to Is 3Jd; duck eggs to Is 5d a dozen. DUNEDIN irsxss association tiuosax.) . DUNEDIN, September 22. A shipment of Australian oranges, mostly ■ Valencias, arrived on Thursday. There were approximately 2700 cases in the shipment, and it was quickly taken, up by retailers, but unfortunately some of the cases were found to contain fruit of poor quality and the percentage of loss was heavy.
New Zealand lemons are practically cleared from the marts. A further consignment is due early next week. A small shipment of Australian grape fruit'arrived during the week. This will be the last grape fruit from this quarter for the present season. Apples continue in short supply, and choice quality meet a ready sale. Pears ex cool stores, are getting into short supply. . , ,
SALE OF PAPANUI BUNGALOW Messrs Ford and Hadfield, Ltd,, real estate agents and auctioneers, 131-133 Worcester street, have to report having sold on behalf of the ow/ier a. very fine bungalow, situated 9 Chapter .'street, to Mr P. Roll. .See Ford" and Ltd., for .all classes of real estate. . ■ ■>■ ■ ■ : —6
; i Return Ain't. paid. a Approx. market Approx market price a year , CO o . dt 1 • ..es > coxd Dividend 1 .payable. on investment at approx. Companies. she. Buyers. Sellers. price. ago Qg-S | price. £ £ d. £ s. d. £ s. d. £ s. d. £ 8. d. ■ N.Z. 1 curr. Banks— 5 8 15 0 9 2 6 8 16 0 10 10 0 8 Feb.-Aug. 4 10 10 Comm, of Aust. ,10s 0 14 0 — 0 14 6 0 15 9 7 1-12 Oct.-Mch. 4 17 Comm, of Aust. (pref.) Comm, of Syd. E.. S.. and A. 10 . 9 5 0 9 6 6 4 Oct.-Mch. 4 6 5 12£ 3 17 4 5 6 0 0 20 4 0 17 0 6 18 4 0 7 0 6 20 5 0 3 0 0 7 7 Jan.-July Nov.-May 4 17 4 16 0 Natl, of A’asia. (con.) Natl, of N.Z. .. 5 6 9 0 6 7 6 6 in 0 6 Nov.-May 4 14 1 2i 2 3 0 2 3 0 2 12 6 4J Jan.-July 5 4 N’.S.W. 20 29 0 0 29 « 0 30 0 0 6 Jan.-July New Zealand .. Union 1 5 1 18 3 1 8 19 1 6 0 1 8 18 0 9 0 2 8 2 7 0 0 10, 7 Jan.-July Jan.-July 5 3 4 7 6 Insurance— 7s 0 16 7 0 16 6 10 5-7 May-No v. 4 10 5 1 2 13 0 — 2 14 0 2 14 6 10 Feb.-Aug. 3 14 0 10s 2 3 0 — 2 3 0 2 4 3 141-6 Apl.-Oct. 3 5 -Standard 1 — — 2 14 0 2 14 6 12J Mch.-Sep. 4 12 Loan and Agency May-Nov. 4 14 5 6 5 0 6 15 0 fi 7 6 8 0 0 6 1 1 1 9 3 1 9 9 1 9 6 1 6 6 4i -Dec.-June 3 1 0 United Building 1 — — 1 0 6 1 0 3 5 Oct.-Apl. 4 17 Frozen Meat— 10s 0 12 0 0 14 4 5 5-6 July-Oct. 4 17 3 N.Z. Refrig. .. N.Z. Refrig., con. 1 0 16 3 ■ 0 17 0 — 5J Feb. 6 0 4 10s 0 8 0 0 8. 6 0 8 3 “ 5i Feb. 6 13 Gas— 1 0 14 9 1 0 0 5 July-Feb. 6 15 7 15s — — 0 14 3, 5 July-Feb. — 1 1 3 6 1 4 9 1 3 6 — 7 Aug.-Feb. 5 10 Ch.Ch. (con.) .. Wellington 10s 1 — 1 8 0 0 13 3 .7 8 Aug.-Feb. Aug.-Feb. 5 14 3 Shipping— Huddart-Parker P. and O. Def. Union (pref.) .. 1 1 1 = 1 6 0 3 1 1 1 5 5 0 0 0 1 6 3 14 8 5i May-Dec. May-Dec. May-Dec. 4 11 6 8 4 8 9 0 0 Coal— Taupiri Westport 1 0 16 6 0 15 0 74 May-Nov. 8 9 8 10s — — 1 1 3 1 4 6 10 May-Nov. . 4 14 1 Breweries— 1 3 10 0 3 2 6 15 Oct.-Mch. 4 5 8 New Zealand .. Tooheys Tooths 1 15s 1 1 2 11 10 0 0 2 11 6 1 1 2 11 9 11 0 0 6 2 1 2 0 12 12 0 0 3 84 9 114 Jan.-July Mch.-Sep. May-Nov. 5 9 4 13 4 9 8 1 4 Miscellaneous— Aust. Consolid. 1 1 13 11 1 15 0 4 11 0 6.86 Dec.-June 3 18 4 1 0 16 0 0 15 0 0 19 6 5 Mch.-Sep. 1 2 6 3 2 7 9 2 6 6 2 6 6 10 March 4 6 Broken HillPty. Burns, Philp .. 1 1* 3 11 5 3 11 6 3 11 2 14 6 0 2 14 2 10 6 6 124 10 Nov.-May Nov.-May a u xx 3 14-0 1 3 10 6 3 13 0 3 11 0 3 16 2 183 Jan.-July 5 a V Colonial Sugar 20 47 10 0 49 0 0 48 0 0 46 5 0 74 ,Nov.-May 3 24 18 11 1 1 4 0 1 5 0 1 4 3 1 4 0 6 June 1 0 18 3 0 18 5 0 18 3 1 0 4 7 Apl.-Oct. Elec. Zinc (ord.) Elec. Zinc (pf.) Henry Jones .. Kauri Timber .. N.Z. Drug Co. Mount Lyell .. Farm. Fertiliser N.Z. Newspapers Whit. & Tombs Wilson’s Cement Woolworths Woolworths, N.Z. 1 1 1 25s 2 1 1 16/8 2i 10s 5s 5s 2 2 1 0 0 I 1 15 17 10 15 16 1 6 0 6 0 6 3 2 17 2 19 1 3 1 12 0 17 1 12 3 0 r6 6 0 3 3 6 0 5' 2 16 2 18 2 15 1 2 3 8 1 10 0 17 1 12 2 19 0 16 K 3 0 17 0 6 0 6 0 9 0 0 6 6 5 0 1 2 2 1 3 1 0 1 0 0 19 4 9 2 9 6 17 14 16 Q 17 0 0 0 6 0 6 0 6 6 3 0 15 15 10 6 8 74 6 8 6 74 174 16 Mch.-Sep. Mch.-Sep. June-Dee. June-Dee. Sep.-Apl. June-Dee. August Nov.-May Mch.-Oct. Nov.-June Oct.-Apl. July-Jan. 5 2 3 12 6 13 4 14 4 17 7 1 4 3 5 0 4 10 4 1 ]4 14 6 8 4 1 6 2 5 10 10 10 1 Where no approximate price s given return is worked on mid-market price unless only one quote is given.
N.Z. Govt. Debentures Buyers Sellers. £ s. d. £ s. d. 34 d.c. Ins., 1953-57 .. 90 0 0 — 32 p.c. Ins., 1938-41 .. 99 0 0 — 4 p.c. Ins., 1943-46 .. 97 10 0 — 4 p.c. Ins., 15/3/40-43 — 97 15 0 4 n.c. Ins., 15/9/40-43 97 0 0 97 15 0 4 D.c. Ins., 1949-52 — 97 15 0 44 d.c. Ins., 1952-55 .. 95 0 0 —— 4 d.c. Ins., 1954-58 — 98 0 0 4 d.c. Bonds, 1948 97 15 0 — 4 d.c. Bonds, 1955 95 0 0 Rural Bonds, 5 p.c.. 98 2 6 15/9/47 ' — Other Debentures Tolaga Bay, 4i p.c.. 98 7 6 10/9/60 — Booth, Macdonald, 5 62 0 p.c., 1/6/47 0 — C.F.C.A., 4J per cent., 85 0 21/10/42 — Dom. Fertiliser, 6 p.c., 99 10 1/2/41 0 — Loan and Agency N.Z. Guar. Corpn. (3s) — 0 4 0 Perm. Invest.- (£10) — 9 12 9 Shipping Adelaide (£1) 1 12 0 — Frozen Meat Cantby. (£7 10s paid) ' 9 2 6 Cantby. (pref., £5) . 6 10 0 North Canty. Freezing 0 15 (pref., £1) .. Waitaki (£5) 0 4 15 0 Woollens Kaiapol (17s paid) — 0 12 0 Kaiapoi (pref., 17s) 0 14 0 — 6 Manawatu (£1) — 9 1 7 Oamaru (£1) 0 14 — \ Coal • WestDort-Stockton (10s) 0 3 6 0 4 3 Westport-Stockton (8 11 p.c., non-cum pf., 10s) 0 7 — Breweries Ballins (15s paid) .. Dominion (£1), 1/7/9 0 8 1 9 6 6 0 9 11 Swan (5s) 1 10 0 Miscellaneous Aust. Con. Industries (rights) .. . ... 0 4 7 0 4 11 Aust. Iron and Steel 1 12 0 2 Bootffi*MaccfcnaId (pf.) 0 T 9 0 4 Consoiid, Brick (£1) - — 0 8 6 Dom. Builders (10s) .. — 0 3 ii Donaghy Rope (£1) —* 2 8 0 D.I.C. (pref., £1) .... 1 1 1 . — G. J. Coles (10s paid) — 3 6 Hay’s, Ltd. (£1) •• 0 19 0 1 1 0 Hay’s. Ltd. (con., 15s 0 16 0 14 0 0 Gen. industries (12/6) 0 16 6 0 19 0 Herald and Weekly (£1) . •• — 3 0 Hume Pipe (Aust.). 0 19 9 (£1) •• „ •• — I.C.I. (Aust. and N.Z.) 0 (pref., £1) — 0 1 4 Mlllaquln Sugar (£1) 1 18 ■ — Morts Dock (£1) —- 0 16 Moturoa Oil (5s) ... — 0 4 6 Macduffs (pref.. £1) — 0 8 Micduffs (ord„ 5s) .. 0 2 2 0 2/11 McKenzies, Ltd. (£1) —- 2 2 N.Z. Farmers’ Co-op. (4J p.c. Stock, 1950, 73 J) £100) 0 — 6 N.Z. Paper Mills (£1) — 1 6 Quill, Morris (1936) (£1) ‘ 0 19 6 Simpson and Williams, (£1) . , 1 15 0 Standard Cement (£1) - 1 2 9 Taranaki Oil. (24/7 pd.) — 0 5 Woolworths (Victoria) • (pref., £1) •• — 1 10 Woolworths Properties (£1) — .1 2 6 Australian Mining Broken , Hill Sth.’ (5s) 1 8 6 1 11 0 Mount Morgan (2s 6d) 0 9 2 0 9 5 Mount Morgan (pref., £1) •• Nth. Broken Hill (5s) = 6 1 i 2 11 9 0 Rawang Tin (10s) .. 0 8 New Zealand Mining Arahura (£1) —: 1 7 0 Argo. (Is) —* Austral-N.Z. (£1) — Barrytown (£1) — 0 0 10 0 0 10 0 15 7 1 15 0 Big River Us) •• Gillespie’s Beach (Is) Grey River (10s) Kanleri (£1) 0 0 0 14 3 Maori Gully (Is) 0 0 Moonlight . Gold (8d) Nemona (Is) 0 o u 0 0 X(K o o m UNLISTED STOCKS All transactions in stocks quoted in this section are subject to special brokerage and are not quoted on the official nsi;— Buyers. Sellers. £ s. i. £ s.. d. Assoc. Gold Dredges — 0 6 1 10 6 Lange’s Mobile Gas .. Paparoa Coal •. Riley, Arthur D. (pf.) Timaru Lime 0 16 0 0 19 0 19 0 0 AUCKLAND Sales on ’Change £ s. d. Ins. Stock, 32 p.c.. 1938-41 (late Ins. Stock. 4‘p.c.. 1946*49 (late 98 15 0 sale) •. '. • • 98 0 97 17 6 Ins. Stock. 4 p.c.. 1943-46 . 97 17 6 Bank of New Zealand, (2)V 1 18 1 19 9 0 New Zealand Insurance 2 14 0 South British • • 2 3 Renown (pref.) • • 0 2 WestDort-Stockton (pref.) • 0 8 Dominion Breweries .. • • Broken Hill Proprietary • ■ 3 12 3 12 0 3 12 6 Wilson’s Cement - - • .. v • 0 16 7 0 16 9 Woolworths Properties 1 .2 6, Woolworths (Sydney) 1 2 9 Woolworths (Syd.) (late sale) 1 2’ 9 0 Mount Lyell (late‘sale) . . 1 10 9
Sales | -£ s. d. Bank of Australasia 7 16 .0 Comm. Bank of Australia .. 0 14 5 Goldsbrough, M. 1 6 G. J. Coles .. 3 8 0 Dunlop Perdriau ... 0 17 3 Dunlop Perdriau (pref.) Aust. Consolld. Industries .. 1 1 IX u 12 10 Aust. Consolid. Industries (rts.) 0 4 X Broken Hill Pty. 3 7 9 North Brbken Hill .. 2 7 0 Mount Lyell 1 10 n • 0 e Loloma . • • • • • 1 Z 9
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Bibliographic details
Press, Volume LXXV, Issue 22823, 23 September 1939, Page 11
Word Count
2,852VALUES ON STOCK EXCHANGE Press, Volume LXXV, Issue 22823, 23 September 1939, Page 11
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