QUOTATIONS IN CHRISTCHURCH

Press, Volume XCVII, Issue 28490, 21 January 1958, Page 15

QUOTATIONS IN CHRISTCHURCH

Altered Exchange Rates The £ sterling lost nearly 1 cent to the Canadian dollar last week, but gained slightly on the United States dollar. The premium on the Canadian dollar rose to about cents in terms of the United States dollar during the week. The Belgian franc also gained in terms of sterling but changes in other rates were marginal. Altered telegraphic transfer exchange rates, as advised yesterday by the Bank of New South Wales, are as follows: New Zealand on— New York: Buying, 2.8088 dollars to £N.Z.I (compared with 2.8076 dollars on January 13); selling. 2 7770 dollars (2.7758), Montreal: 2.7670 dollars (2.7751); 2.7314 dollars (2.7394). Belgium: 141.52 francs (141.82): 137.00 francs (137 30). Italy- 1754 lire (1755): 1719 lire (1720). Sweden: 14.59 kroner (same); 14.25 kroner (14.26). Switzerland: 12.27 francs (same); 12.02 francs (12.03). STOCK SALES "The Press" Special Service HMARU, January 20. PLEASANT POINT Seventy head of good quality fat cattle met a keen inquiry from butchers, with values holding extra firm at Pleasant Point today. Three hundred and fifty fat lambs and two races of fat sheep held steady competition from exporters and butchers, with values showing little change on recent sales. The offering of store sheep was a large one. made up for the most part of store lambs, values for which were held to a buoyant level by the large number of farmers present. Values were:— Fat cattle: fat steers, good £37 to £42 2s 6d; medium £33 to £36 17s 6d; Light £29 to £32 17s 6d. Fat heifers. good £27 to £32 2s 6d; medium £25 to £26 17s 6d; light £22 2s 6d to £24 17s 6d. Fat cows, good £23 to £26 2s 6d; medium £lB to £22 17s 6d; light £l4 to £l7 7s 6d Fat sheep: fat weathers, good 80s to 85s Id; medium 77s to 77s 9d: light 73s to 75s 10d.- Fat ewes, good 33s to 38s Id; medium 28s to 325; light 23s to 275. Fat lambs, good 56s to 58? Id: others 52s to 555. Store sheep: wether lambs, good 49s to 555, medium 44s to 48s. light 38s to 435. Romney ewe lambs, medium 47s to 57s Ewe lambs Border Leicestei cross to 655. Fullmouth ewes to 455. Store cattle: 18-month steers to £l9 10s. 18-Month heifers to £l7 10s. Ampol Sales Up.—Ampol Petroleum. Ltd., increased sales by 24 per cent, in the first quarter of the current year, compared with the corresponding period of last year This was announced at the company’s ahnual meeting in Sydney on Friday by the chairman iMr L. J. Thompson). He said profits had been maintained-

Buyers. Sellers. £ s. d £ s. d. N.Z. GOVT.— 3 p.c., 15/4/56-59 98 2 6 —— 3 p.c., 15/11/57-60 94 17 6 — 3 p.c., 15/8/59-61 94 0 0 94 5 0 3 p.c., 15/4/60-62 — 93 0 0 3 p.c., 15/4/60-63 91 5 0 3 p.c., 15/5/64-66 86 5 0 — 31 p.c., 15/1/56-59 97 10 0 3% p.C., 15/9/59 .. 99 5 0 —- 3% p.c., 15/5/62 .. — 95 5 0 3% p.c., 15/6/65-66 91 5 0 3% pl*., 15/9/69 .. 89 12 6 — 3% p.c., 15/9/74 .. 87 0 0 — 4 p.c., 15/8/65-66 94 0 0 — 4| p.c., 15/6/59 .. 98 5 0 p.c. 15/6/61 .. 98 7 6 —- 4g p.c., 15/6/66-67 97 5 0 NATL. SAVINGS— 4% p.c., 67-69 99 5 0 — 4% p.c., 62-63 .. 100 0 0 •- LOCAL BODY, CO. DEBS.— Chch. City 4 p.c.. 21/12/64 —— 94 10 0 14/9/64-95 95 17 6 —* Waitemata E.P.B., 4 p c.» 10/12/61 — 97 0 0 Springs. Ellesmere E.P.B., 4 p.c.. 1/2/74 — 80 0 0 BANKS— A.N.Z. 1 16 6 — Comm, of Aust., c.d. —m 0 16 0 Pref., c.d. 6 3 0 6 6 0 Comm, of Sydney, x.d. — 0 19 0 N.S.W. 33 2 6 33 7 6 BREWERIES— Ballins, ord. — 1 15 0 Dominion .. 4 11 9 •— New Zealand 2 8 3 2 9 0 Tooths .. —— 2 0 0 Westland 2 5 0 — FROZEN MEAT— Canterbury, pref., c.d. 6 7 6 6 17 6 N.Z. Refrigerating, c.d 2 5 3 m— Southland, c.d. .. 3 5 0 — Waitaki 1 19 6 —— GAS— Christchurch — 10 6 Cont. •. — 0 15 6 INSURANCE— F.A.M.E., pref. .. — 1 10 0 National 18 9 ■a New Zealand, c.d. — 4 4 0 South British 4 6 6 — LOAN A AGENCYChch. Bldg. 15 0 0 — Dalgety. £1 1 13 0 — Goldsbrough, Mort —- 18 0 Mutual Benefit .. 16 6 Nat. Mortgage, •« —— 0 8 2 N.ZJ. Co-op. •— 0 17 0 4»/ a p.c. Stk„ '60 95 0 0 —— 4 >,'2 p.c. Stk., ’65 90 5 0 •— Newton King. pf. 1 1 0 13 0 Buyers. Seilers £ s. d £ sd Perm. Invest. —— 12 10 0 United Bldg. — 0 18 6 Wright, Stephenson, x.d. — 2 10 TIMBER— Kauri 0 17 6 — Taupo Totara .. — 1 15 0 WOOLLENS— Bonds 0 15 9 — Bruce 1 12 0 — Feltex 110 —— N.Z. 1 19 0 — Lane, Walker Ind., pref. 10 6 — Manawatu 4 0 0 — Mosgiel 2 5 0 — Oamaru 2 0 3 — Tekau, x.d. 15 9 — Rights 0 5 6 — Timaru 13 9 — Wellington 1 19 6 2 2 0 MISCELLANEOUS— Amal. Batt 1 11 0 1 12 0 Ampol 0 11 9 —— Andrews and Bev. — 18 6 A.W.A. 0 9 9 0 10 0 Beath and Co. .. —— 1 18 0 B L Hart — 1 19 0 Brit. Tobacco .. 16 6 — B.H.P.. rights .. 0 17 9 0 17 11 Broken Hill Pty. 1 15 9 1 16 3 Cox Bros. 0 5 0 Burns, Philp 2 16 0 2 17 6 Email 0 6 3 —— Colonial Sugar .. —- 36 5 0 Cyclone Fence .. 1 12 6 Dorn. Builders .. 0 9 6 — D.I.C. 0 17 6 — Dunlop Rubber — 1 12 0 Dunlop, N.Z. 12 6 15 0 E.Z. 0 16 3 0 16 8 Fletcher Holds.. debs. — 12 0 Gillman Packing 15 0 —- G. J. Coles 0 15 9 0 15 10 Gord and Gotch 0 17 1 — Hallenstein Bros. 1 16 0 •— Hauraki Whaling — 0 16 Hay’s. Ltd. 1 5 6 16 3 Pf.. x.d. 10 0 —— Humes — 2 8 6 Humes. N.B., pf. 10 3 — I.C.I. A.. N.Z., c.d. 2 7 6 — J Gadsden, pref.. x.d 10 6 — K.P. Drugs 5 2 0 —— M.C.P. .. 0 4 0 —a— McKenzies 0 18 6 —- Mercers, pref. .. 1 1 0 Midland Mot., pf. 0 18 0 — McDonald Wines 0 19 0 Milne & Choyce 2 ft 0 N.Z. Cement — 0 19 6

Buyers Sellers Miscellaneous (continued)-— N.Z. Forest Prod. 0 16 9 0 16 11 N.Z. Newspapers — 1 19 3 North’n. Roller 2 ~2 0 Otago Daily Time N.Z. Packing 2 11 1 9 6 0 Ross and Gier Relax, pref. Silknit Toppa 1 0 0 3 Tip Top Ice 0 15 0 Ultimate-Ekco 0 16 0 Weeks 0 Whakatane. ord 1 X 4 0 6 Whit and Tombs 1 8 6 1 9 0 Hdgs. 1 4 3 1 4 6 Will. Jeffrey, pf W’worths., ord N.Z., ord. 1 0 6 0 18 5 0 18 0 AUST 1 0 9 — Consol. Zinc 2 11 0 Mount Lyell 0 18 3 Timor OiJ 0 4 1 — Wai hi — 0 3 0 UNLISTED STOCKS deposit .. — Booth Macdonald 0 0 Canty. Seed .. — 1 7 6 1 7 6 Kaiapoi Woolier 1 8 6 — R. and E. Tingey 0 6 9 St Elmo Courts, pref. .. — Tudor Hosiery — 1 0 0 Woolston Tanns — 0 11 0