COMMERCIAL

Press, Volume LXXX, Issue 24280, 10 June 1944, Page 6

COMMERCIAL

STOCK EXCHANGES GOOD TURNOVER Markets continued firm at call and there was a good turnover with heavier trading in Government loans. Sales on 'Change.-Listed stocks: 118 Christchurch Gas (fully paid), 26s 3d; £3OO N.Z. Farmers’ Co-op. (() P ; c. Stock, 1950), £IOO 17s 6d; 500 Maori Gold, s{d. Sales Reported.—Listed stocks. £9OO 3 DC N.Z. Govt. Stock, May, 1953-56, £9B 15s’ (2); £2300 N.Z. Govt. Stock. Dec.. 1953-56, £IOO (2); £2OO 3* P- c -. N "^Govt ; Stock. 1957-60 (late sale Thursday), £lO2, 200 South British Insurance (late sale Thursday), 80s; 100 National Mortgage (B) (cum div.). 37s 6d; 42jl Kaiapoi Woollens (17s paid) (late sale Thursday), 24s IOW. 100 Beath and Co. (ord.l, 30s; Claude Neon (N.Z.), 26s 6d, 26s 9d; 50 Electro Zinc (ord.), 57s fld; 109 N.Z. Farmers, Co-op (A pref.), 765; £3OO N.Z. Farmers Co-om (Vi ■p c. Stock, 1950). £IOO 17s 6d: 580 Woolworths (N.Z.) (ord., cum div.), in yesterday's issue of "sales reported—unlisted stocks,” of 400 Fletcher Holdings. 27s 4d (3), should have read "400 Fletcher Holdings, 27s 4d, 27s (3). LATEST QUOTATIONS. . Banks.—Natl, of A/asia (£lO paid) b. £l2; Natl, of N.Z., b. £2 15s, s. £2 15s 3d, New South Wales, b. £36 12s 6d; N.Z. Mort. Shares (ex div.), b. £1 13s 3a, Union of Aust., s. £8 12s 6d. . Insurance.—National, b. £l-4s sd, £1 4s lid; New Zealand, s. £4 9s 9d, South British, b. £3 19s 6d; Standard, b. £4, s. Loan* and Agency.—Newton King (pref.), b. £1 2s 6d; Christchurch Building,- b. £2O: Dalgety and Co., b. £8 10s; Natl. Mortgage (A) (cum div.). b, £3 4s; Natl. Mort. (B) (cum div.), b. 4s 4d. s. J lssd, N.Z. Loan and Merc. (ord. stow* s. £7l 10s• N.Z. Loan and Merc, (pref.), b. £IOB, s. £llO 10s; Wright, Stephenson, b. £1 6s; Wright, Stephenson (pref.), b. £1 5s bo. Frozen Meat.— Canterbury (pref.). .b. £9 s £9 10s; N.Z. Refrig. (£1 paid), b. £ 1 8s; N.Z, Refrig. (10s paid), b. 13s- Bd, s. 13s lid; South Otago, b. £6 10s; Waitaki. b. £6 12s 6d. . - c . Woollens.—Bonds Hosiery, b. £2 4s. Bruce, b. £1 16s 3d, s. £1 16sl0d;Bruce (oref). b. £1 7s; Felt, and Textiles, b. £2 14s 6d; Kalapoi (17s paid), b. £l4s 6d. s. £1 ss; Kaiapoi (7s paid), b. 9s 7d. s, 10s; Kaiapoi (pref.), b. £1 6s: „?®sP a oi|' b. £1; Wellington (pref.), b. £9 12s 6d, S ’(^al.—Kaltangata, b. £ 110s, s. Westport, b. £1 4s 9d. s. £1 5s 3d; West-port-Stockton, b. 3s 6d. s'. 3s 7d. Gas.— Christchurch, b. £1 6s 3d, s, £1 6s 6d; Christchurch (10s paid), b. 13s, s. 13s 3d; Timaru, b. 10s, s. 13s 3d; Ashburton, s. £5 13s 6d. . Miscellaneous.—Electro. Zinc, b. £2 17s, s £2 17s 9d: Hadfields, b. 13s 3d; Hay s, Ltd b. £2 4s. s. £2 6s; Griffin, and.Sons, b £1 11s 9d;- Mason Struthers (£1 paid), b 17s, s. 19s; N.Z. Farmers' Co-op. (£2 10s paid), b. £1 10s 6d; N.Z. Farmers f Co-op. (A pref.), b. £3 15s; N.Z. Farmers Co-op. (B pref.), b. £3 10s; N.Z. Farmers Co-op. (41 p.c. Stock, 26/5/49), b. , £9 . 9 , Farmers’ Co-op. (41 .p.c. Stock, 1950), b ’ £IOO 15s; N.Z. Paper Mills, b. £2 0s 3d. N.Z. Mining.—Arahura, b. £1 10s 9d. Arahura (def.). b. £1 4s: Assoc. Gold Dredges, s. 7s; Austral (N.Z.), b. 11s 3d, s. 13s; Grey River, b. 12s, s. 13s; Kanieri. b £1 4s s. £1 7s 6d; Kanieri (def.), b. 16s fid; Maori Gold, b. sd. s. 6Jd; Ngahere, s. 8s; Slab Hut. s. 4s 3d; Snowy River, b.- 7s sd, s. 7s 6d. Unofficial List.— Amalgamated Batteries, b. 12s 6d: Amalgamated Batteries (pm.), b. 15s 3d: A.P.A., b. 19s 6d, s. 20s Id: Aust. Invest. Trust, b. 10s. s. 14s 9d: Ass. Motor. Petrol (pref.), b. 26s 6d; Aust. Motor. Petrol, b. 20s. s. 22s 7d; Harley Chambers, b. 10s; Carbonic Ice, b. 345; Christchurch Press b. £10; Fletcher Hpldings (ord.), b 27s s 27s 4d: Mackintosh, Caley, Phoenix, b. 335, s. 375; Mt. Cook Tours, b. 4s; Tudor Hosiery (pref.), b. 20s 6d; Tudor Hosiery (ord.). b. 15s 9d; Selfridges con ), b. 12s 3d, s. 14s; Smith, Wylie b. 19s 6d, s. 22s 6d; Taramakau (5s paid), s. 3s 60, Whakatane Paper, b. 7s, s. 9s; Whakatane Paper (pref.), b. 24s 6d.

AUCKLAND Sales—First Liberty Loan, 15/9/52-55, 3 per cent., £99 7s 6d; Second Liberty Loan, 15/5/53-56. 3 per cent. (3). £9B 15s: War Loan. 1/8/51-54, 3 per 6s 6d. Bank of N.Z. (2), 43s 9d: N.Z. Insurance (2), 89s: Westport. Stockton (pref.), 6s 6d. Dominion Breweries. 46s 3d; N.Z. Breweries, 43s 2d; Colonial Sugar. £SB; Consolidated Brick. 10s 6d; Electrolytic Zinc (2), 57s 6d; Broken Hill Pty., 44s 6d: Auckland Laundry (odd lot). 19s; -Herald and Weekly Times, 60s; Sanford, 8s 3d; Woolworths (N.Z.), 19s; Woolworths (Sydney), 20s; Clutha. 2s lid; Maori Gold, sd; Mount Morgan, 7s lid. Unofflcial List: Whakatane Paper, Bs. WELLINGTON Sal es .—3 per cent. Stock, 15/12/53-56, £100; 2J per cent. Stock, 15/6/47-49. £99; 2S per cent. Stock. 1/8/46, £99 12s 6d; 3i per cent. Stock, 15/1/53-57, £104; 3J per cent. Stock, 15/9/57-60, £102; Bank of New Zealand, 43s 9d: New Zealand Insurance. 89s; J, J. Niven, 20s 3d; McKenzies, 60s. ' DUNEDIN Sales Reported.—lnscribed Stock, 3 per cent., 1953-58, £100: National Bank of New Zealand, £2 15s; South British Insurance, £4; Hume Pipe, £1 0s Id; Bank of New Zealand. £2 3s 9d; National Mortgage ("B” issue), £1 17s 6d. THE YEAR’S EXPORTS DECLINE IN MAJOR PRODUCTS Particulars of the principal commodities exported during the financial years 1942-43 and 1943-44 are published in the March Abstract of Statistics, with also the peVcentage change in each commodity. The table following shows the total value for the 1943-44 exports, and the percentage of increase and decrease on the preceding year:— Percentage £ change. Butter .. •• 15,487,668 Butter-fat, dry .. 134.327 —76.9 Cheese .. •• .7,974,547 —28.'4 Frozen beef .. .. 597.723 —62,8 Frozen lamb .. .. 10.243,591 Frozen mutton .. 722,277 + 3.1 Frozen pork .. ... .25.436 —93.9 Frozen veal ~ .. 264.616 + 8.6 Other frozen meats 688.486 + 7.5Dehydr. meats .. 591.105 Canned meats 1,473,789 —18.7 Sausage-casings . ... 938,140 Dried milk .. .. 410.184 -22.4 Biscuits .. .. 2,056.694 -(-131.0 Peas .. .. 420,886 + 3.7 Calfskins .. .. 449.803 -11.4 Cattle hides .. .. 614,531 —ll.B Opossum skins .. 102,516 92.5 . Rabbit-skins .. 1,065,839 + 60.1 Sheepskins with wool 496.931 -1- 9.3 Sheepskins without wool 1,582.144 —38.6 Wool, .. .. .. 16,683,457 + 3.3 Linen flax » (fibre and tow) 515,887 +113.2 Clover seed .. .. 399.864 +97.4 Grass seed . • .. 429,532 + 64.1 Tallow .. •• 975,342 —17.8 SEED POTATOES PRICE ORDERA price order appears in this week’s Gazette fixing’ the price of seed potatoes. The maximum price that may be charged by any grower for any uncertified seed potatoes shall be £9 a ton, delivered. f.o.r. s.i., at railway stations in the South Island. The basic prices for certified seed potatoes are:— For certified "mother seed.” £l4 a ton; for Chippewa, Doon Early, Dunbar Standard, and Katahdin varieties, £l4 a ton; for certified commercial seed, same varieties. £l2 10s a ton. For certified mother seed, for Arran Consul, Arran Banner. Arran Pilot; Aucklander Short Top. Aucklander Tall Top. Catriona, Cliffs Kidney, Epicure, Jersey Bennes, King Edward. Majestic. Robin Adair, Up-to-date, and other varieties not specified elsewhere, to £l3 a’ton; for certified commercial seed. £ll 10s. For Arran Chief. Dakota, Inverness Favourite, Iron Duke, Northern Star (Gamekeeper) varieties. £ll a ton; for certified, commercial seed, £9 15s a ton. • MINING Martha Return. —The following information has been cabled from London; —For the period ended May 27, the mine operated for 20 days and crushed 11,464 tons for a result of 2708 fine ounces gold and 21,698 fine ounces silver. Grey River.—The Grey River return for the fortnight ending June 7 is:—22o hours, 101,443 cubic yards. 200.050z. May totals: 554 hours, 304.325 cubic yards, 7090z. Ngahere.—The Ngahere return for the four-weekly period ended June 9 is 3890z from 108.097 yards worked in 330 hours. During this period the dredge was closed for seven days for the annual general overhaul.

Maori Gold.—There was no wash-up at the Maori Gold Dredge for the week ended June 9 as the dredge was still undergoing repairs.