COMMERCIAL

Press, Volume LXXIX, Issue 23915, 6 April 1943, Page 6

COMMERCIAL

STOCK EXCHANGES CHRISTCHURCH TRANSACTIONS Shipping shares were firmer on the Christchurch Stock Exchange yesterday, when the following transactions were effected : Sales on ’Change.—Listed stocks: 100 Goldsbrough, Mort, 28s. Sales Reported.—Listed stocks: £2OOO 2J per cent. Ins. 1948 Stock, £9B 10s; 100 Huddart Parker, 48s 7Jd; 85 Kaitangata Coal 33s 3d; 240 Dominion Breweries (late sale Friday), 345; 200 Booth Macdonald (pref.), 8s; 50 Electro. Zinc (pref.) (ex div.). 56s IJd; 59 New Zealand Drug Co., 48s 9d; 115 Otago Daily Times, 43s 6d. QUOTATIONS . N.Z. Government Debentures.—2l per cent. Ins., 1946, b. £9B 10s; 21 per cent. Ins,, 1948, b. £9B; 31 per cent. Ins., 195357, b. £103; 4 per cent. Bonds, 1946-49, b, £104; War Loan, 1/10/53, b. £94 10s, s. £95; Adelaide Bank, b. £5 10s; Commercial of Aust. (pref.), b, £10; Commercial of Sydney, s. £2O; National of N.Z. b. £2 10s 9d, s. £2 13s; New South Wales, b. £3l 12s 6d; National Insurance, b. £1 2s, s. £1 2s 6d; South British (cum div.), s, £3 9s; Daigety and Co., b. £7 15s; Goldsbrough, Mort, b. £1 Bs, s. £1 8s 3d; N.Z. Guarantee, b. 3s 4d; Perm. Investment. b. £10; Huddart Parker, b. £2 8s; Union (pref.), b. £1 10s; Canterbury Frozen Meat, b. £l3; Gear Meat, b. £1 Is 3d; North' Canterbury Freezing (pref.), s. £1 3s 6d; Waitakl. b. £5 ss; Felt and Textiles, b. £2 3s 6d; Kalapoi Woollen (pref.), b. £1 Is 9d; Mosgiel, b. £11; Wellington, b. £8 2s 6d; Westport Coal, b. £1 4s lid; Christchurch Gas, b. £1 4s 3d, s. £1 5s 6d; Christchurch Gas (10s paid), b. 12s, s. 12s 6d; Dunedin Breweries, b. £1; New Zealand Breweries. s. £1 17s 6d; Tooheys, s. £1 15s; A.C.1., s. £2 10s 9d; . Beath' and Co„ b. £1 4s 3d, s. £1 6s; Booth. Macdonald (pref.), b. 7s 9d; British Tobacco, b. £2 7s; Canterbury Roller Flour (ex div.), b. 12s 9d; Electro. Zinc (pref.) (ex div.), b. £2 15s; G. J. Coles, b. £2 15s 6d, s. £2 17s; Greater Crystal, b. 12s 6d; Hay’s, Ltd., b. £1 11s; Macduffs (pref.), b. £1 Is: McKenzies, b. £2 4s; N.Z. Drug Co. (£1 paid), b. £2 8s 6d; N.Z. Farmers’ Coop (4i per cent. Stock, 1950), b. £95 10s, s. £9B; Woolworths, Ltd., b. 16s, s. 16s 3d; Bulolo Mining, b. £2 8s; Mount Lyell, s. £1 9s; Mount Morgan, b. 9s 6d; Grey River, s. 13s 8d; Snowy River, b. 7s. s. 7s 3d. AUCKLAND Sales.—Liberty Loan, 15/5/53-56, 3 p.c., £99 ss; Bank of N.S.W. (Melbourne register). £3l; E„ S., and A. Bank, 81s; Bank of N.Z., 40s 8d (3); National Bank of N.Z., 51s; National Timber, 9s; Colonial Sugar, £55 ss; Broken Hill Pty., 41s 3d; K.D.V. Boxes, 11s; Forest Products. 4s; Union Oil, 28s 4d; Woolworths (N.Z.), 15s 6d. • - . ' Sales.—Felt and Textiles. 435; Kauri Timber. 255; Woolworths (N.Z.), 15s 6d (2). DUNEDIN Sales Reported.—Late on Friday: National Insurance. 22s 3d; Broken Hill Pty., 41s Id. Yesterday: Otago Dally Times, 43s 6d: Felt and Textiles, 435; Perpetual Trustees, 495; War Loan, 1953, £94 12s 6d: Bank of N.Z., 40s 9d; Kaitangata Coal (odd lot), 33s 3d; D.I.C. (ord.). 17s; N.Z. Drug (£1 paid) (odd lot), 48s 6d; National Electrical, 275; Wilson’s Cement, 18s. MINING Associated Gold Dredges (N.Z.), Ltd.— For the week ended April 3. the company’s dredges recovered 188 ounces from 88,500 yards in 361 dredging hours. Alexander Mines.—l2o tons of ore were crushed for 38 ounces of melted gold, valued at £290, during March. In addition, 21 tons of concentrates were saved, valued at £6O. STOCK SALES DUVAUCHELLE There was a large yarding of cattle at the monthly stock sale at Duvauchelle on Friday and fat cattle came forward in larger numbers than usual. Fat cattle prices showed a decline on recent rates, but the' entry of about 170 head were all sold at auction. There were about 200 head of stores yarded, consisting of all classes and these met with a keen demand. Springers also realised high prices, the entry being larger than usual. The range of values was as follows: Fat steers, £l3 17s 6d to £lB 10s; lighter sorts, £lO 12s 6d to £11; fat heifers, £lO 17s 6d to £l4 ss; lighter sorts, £6 10s to £9; fat cows, £lO 17s 6d to £ls; lighter sorts, £4 2s 6d to £7 ss; springers, £ll 10s to £l4 10s; three-year-old steers, £ll 17s 6d to £l2; two-year-old steers and heifers. £6 17s 6d to £9; 18-months cattle, £4 10s to £7 2s 6d: store cows and heifers, £1 15s to £6.