QUIET, BUT STRONG

Dominion, Volume 29, Issue 223, 17 June 1936, Page 14

QUIET, BUT STRONG

Australian Share Markets LEADING ISSUES FIRM By Telegraph—l‘rcss Assn.—Copyright. (Received June 16, 9 p.m.) Sydney, June 16. To-day's share market was rather quiet but strong. Fairymead Sugar scored a good gain. Sales: Bank of New South Wales, £33 5/-; Union Bank. £9/16/-: Colonial Sugar. £42/2/6; Mercantile Mutual Insurance. 32/-; Assocated News, 22/-; Adelaide Steam. ‘lO/41. Howard Smith. 19/44; British Tobacco, 41 /.3 ; Tooths. 53/3 ; Tooheys, 31/9 ; G. J. Coles, 80/6; Australian Iron and Steel, pref.. 26/-. Australian Glees. 92/6; Dunlop-I’er-driau. 17/101: Morris Hedetrom. 2.7/101 ; Henry Jones. 41/14: Fairymead Sugar, 47/6; Electrolytic Zinc, 40/3; Anthony Hordern, 18/9 ; Farmers. 31/3; Lustre, 25/101. General Industries. 19/6; Mauri Brothers, 60/-: Claude Neon. 50/3; Richardson and Wrench. 30/3: Mark Foy, 27/3; 11. Fowler, 13/9: Meggitts, 27/-: Sargents. 26/3. United Provisions. 14/3: Peters (Victoria), contributing, S/9; John McGrath, 34/6; Yarra Falls, 40/6. Mount Morgan. 15/9; Hili Proprietary. 72/3; new issue, 00/.l; South Broken Hill. £5/10/6; North Broken Hill. £B/6/-; Lady Shenton, 4/3; Loloma. 18/3. Woolworths, ordinary, buyer, £u/13/6; seller. £5/14/6; Wool worths (West Australia). buyer, £5/2/6.: Woolwortbs (Now Zealand), buyer, £9/5/-. Morning sales included: Commonwealth bonds. 3 3-R per cent.. 1949. £94 7/6; 4 per cent., 1938. £lOl/1/3 :_ 4 per cent.. 1944, £102; 4 per cent.. 1955. £lOO 17/6; 4 per cent.. 1957. £lOl/2/6, 4 per cent.. 1961. £lOl/17/6: Tooths Brewery, 53/3: Toohevs Brewery, 31/9; Associated News. pref.. 22/6: British Tobacco, 41/3; Broken Hill Proprietary, 73/6; Fairymead Sugar. 47/6: G. J. Coles, 80/9; James Stedman. 19/4|. Melbourne. June 16. Sales on the Melbourne Stock Exchange to-day included: C ommercial Bank of Australia, pref.. £9/3/-; Union Bank. £9/15/-: Goldsbrough Mort. 32/-; Amalgamated Zine, 8/6; Howard Smith, 19/3; Australian Glass, 93/6; Metropolitan Gas, £l4/2/-; Mount Lyeil, 24/6; Mount Morgan, 15/9; Loloma, 18/4; Emperor, 13/2. RABBITSKIN SALE Good Prices at Wellington The combined brokers, New Zealand Loan and Mercantile Agency Co.. Ltd., Wright, Stephenson and Co.. Ltd., and Dalgety and Co.. Ltd., held their second rabbitskin sale of the season at Wellington yesterday, when they offered a large catalogue comprising mainly autumns, incoming and winter skins, to a full bench of buyers. Competition was again extremely vigorous, and the market as compared with the previous sale held on Maj- 15 can be quoted as par to slightly easier for lower grades, with incoming and winter skins showing an improvement of from 3d. to 9d. per lb. A line of prime winter bucks realised 130 d. per Jb.j first bucks sold up to 1214 d.; first does, 73d. ; first incoming, 904 d.: and autumns, up to B<>d. The following is a range of prices realised :— Small, 15d. to 166.; rnuners, to 26[d.; light racks, 34d. to 36}d-; prime racks, to 3Gid.; summer bucks, to 32(1.; summer does, to 284(1.; milky, to 244 d.; autumn bucks* to 60d.; autumn does, to 43d.; dawny autumns, to 404<1.; second autumns, to 544 d.; early autumns, 57d. to 58d.i late autumns, 78d. to 80(1.; second incoming, to 764 d.; first incoming,, to 904(17; third broken, second broken, first broken, 24d. to 443 d.; summer and spring F.S. nnd 8.5., autumn F.S. nnd 8.5., incoming and winter F.S. and 8.5., 24 }d. to 644(1. Spring bucks, 50d. to 52(1.; spring does, 40d. to 424 d.; summer black, to 24 Jd.; autumn black, to 48d.; incoming;, nnd E.W.' black, to 544(1.:; winter black, to 664(1.; bares. 224(1. to 244 d.; spotted bucks, to 81d.; spotted dogs, to 526.; winter bucks, to 102 d.; winter does, 62d. to 63d.; first bucks, to 1214 d.; first does, to 73(1..: prime bucks, to 130 d.; second early winter, 70d. to 71(1.; early winter bucks, to llOJd.; early winter does, to 744 d.; summer weevilly, to 201 d.; winter weevilly, 25d. to 30(1. SYDNEY WOOL SALES Japanese Again Hold Off By Telegraph—Press Assn.—Copyright. (Received June 16, 9.20 p.m.) Sydney, June 16. At the wool sales to-day 8323 bales were offered, of which 5200 were cold at auction; also 900 bales were sold privately. There was good competition. chiefly from the Co /inental and Yorkshire sections. The market was firm at the previous day's rates. Withdrawals were heavy owing to the reserves. Tim Japanese again looked on without operating. A line of greasy merino sold to 21d. GRAIN AND PRODUCE Auckland Market Prices Dominion Special Service Auckland. June 16. Since last week the potato market has firmed up and quotations at £B/7/6 per ton through store are 10/- per ton dearer than they were a week ago. To-day's shipment is a light one. and it is expected that before the end of the week merchants will have reduced stocks. The latest reports from the south indicate firmness at the producing end. There is a good demand at present for seed lines, and early sorts are having a satisfactory turnover. The onion market is still being satisfied with supplies from Fukekohe. and prices are unchanged at 8/6 per cwt. Fowl wheat is offering more freely trom the south, and merchants have lowered their charges Id. tier bushel to 5/11 for graded lines, ungraded being from Id. to 4(1. less. The maize market is still chiefly supplied from South African purchases, though small consignments of new season's local arc now coming forward. Not being fully matured, they sell al a discount of 3d. per bushel STUD SOUTHDOWN EWES Shipments to Australia Two consignments of stud Southdown ewes left recently for Melbourne by the W.inganella, and arrived at their destination in excellent condition. Included in the shipment was a particularly line line of H |() mixed aged stud South, down ewes mated with stud Southdown rams, selected from the well-known Wairarapa flock of Messrs. A. and .1. Gray. "The Grange," Masterton. fora Melbourne buyer. . , , A consignment also left by _l_h<» same ship for a Melbourne buyer of 55 mixedagetl stud Southdown owes nulled with sl'tid Southdown rams from the promilrent flock of Mr II B Stuckey. Mangaekei. 1 taiinevirke. These consignments were selected and shipped through Ltalgety and Co., Ltd.