SMALLER TURNOVER

Dominion, Volume 30, Issue 113, 6 February 1937, Page 12

SMALLER TURNOVER

Australian Share Markets TOOHEYS ADVANCE By Telegraph.—Press Assn. —Copyright. (Received February 5, 9.15 p.m.) Sydney, February 5. The investment market was irregular to-day. with the turnover somewhat smaller. Tooheys shares went ahead on the announcement of dividend shortly. Anthony Horderns were firmer and in good demand. Sales: Bank of New South Wales. £36 5/.- Bank of Australasia, £l3; Nationaj Bank, £5 paid. £7/14/-: £lO paid, £l5 15/-; Colonial Sugar, £43/7/6: Associated News 24/6; Burns Philp, 76/9: Burns Philp. South Sea. 35/6; British Tobacco, 51/3. . Tooths, 57/3; Tooheys. 36/3; Dunlop Perdriau. 19/-; Morris Hedstrom. 30/-; Henry Jones, 47/3; Electrolytic Zinc, pref., 57/3; Farmers, 35/6; Anthony Hordern, 21/14; New Zealand and Fiji delivery. 21/41; Warburton Franki, 32/6; Morts Dock. 13/4; Sargents. 31/9. Woolworths, ordinary, buyer at £8 12/-, seller at £S/13/6, sales at £S/12/6; Woolworth-s-, New Zealand, buyer at £6 IS/-, seller at £7/5/-. Mt. Lyell, '43/9; Kuala Kampar, 22/-. Morning sales included : Commonwealth bonds: 3} p.c., 1949. £95; 3 J p.c., 1942, £99/2/6; 4 p.c.. 1938. £lOl/11/3; 1941, £lOl/18/9: 1959. £lOl/7/6; 1961, £lOl 17/6; Bank of Australasia. £l3; Bank of New South Wales, £36/5/-; Tooheys, 36/-; Tooths, 57/3; Associated News. 24/6; Anthony Hordern (New Zealand delivery). 21/1-1; British Tobacco, 51/3: Broken Hill Proprietary (new), 68/9; Dunlop-Perdriau, 19/11; Electrolytic Zinc. 55/6: Henry Jones, 47/3; Howard Smith. 22/10-1; Mcggitts, 32/9. Melbourne, February 5. The market generally was steady, with Barriers a shade easier. Sales: Commercial Bank of Australia. 19/8; Howard Smith, 23/-; British Tobacco, 51/6; Carlton Brewery, 64/6; G. J. Coles, £5/0/6; Australian Iron and Steel, pref., 27/6; Australian Glass, 94/6; Dunlop-Perdriau, 19/2; Goldsbrough Mort. 38/6; Electrolytic Zinc, 55/-; pref., 57/6. Mt. Morgan. 16/10; Mt. Lyell, 42/9; Broken Hill Proprietary. 81/3; North Brokens, 78/3; South Brokens, 47/9; Emperor, 20/9; Loloma, 24/-. Silverton Trams, 38/6; General Motors, 24/6; Hume Pipe, 22/-; Kauri Timber, 23/7; Koroere, 5/-; Yarra Falls, 40/-. BRADFORD TOPS MARKET High Prices Restrict Business By Telegraph.—Press Assn. —Copyright. London, February 4. Bradford tops quotations are largely nominal. There are encouraging inquiries below the current high levels which are restricting business. The requirements of spinners are at present satisfied. Latest quotations compare with those previously cabled as followsl

HIDES IMPROVE Sheepskins Easier Sheepskins showed an easing, but hides had a better tone at the fortnightly sale held yesterday by the combined Wellington -brokers. The demand for sheepskins was not so strong. As compared wjth previous quotations, values for full wools were fully 4d. lower, and at times Id.; while short wools ruled firm. Halfbreds sold up to 17Jd., fine crossbreds to 17d., medium crossbreds to 15Jd., coarse crossbreds to 15fd. There was only a small offering of salteds, prices showing little change. There was a good demand for all descriptions of hides, and the market showed a better tone. Heavy, medium, and light ox were par to Id. better, heavy cows par, lights and medium l-Bd. to 3-Bd. easier. Kip values showed little change. Yearlings and calf were in request at last sales’ values, with the exception of mediumweight yearlings, which were slightly easier. Calf 1 to 511;., sold to 16 5-Bd., 6to 81b. to 15 5-Bd. In sympathy with' the overseas market, the export demand for tallow has quietened considerably, and values declined 1/- to to 2/- per cwt. Mixed, in drums, sold to 28/-. . The following is the official range of prices;— Dry sheepskins: Halfbred, 17|d. per lb.’; fine crossbred, laid, to 17d.; medium crossbred, 14|d. to 15}d.; coarse crossbred, 14}d. to 15|d.; half-wools, 12 d. to 16d.; quarter-wools, SJd. to 134 d.; pelts, 9Jd. to lid. Salted skins: Pelts, 2/10 to 4/- each; quarter-wools, 3/3 to 5/2; half-lwools, 3/6 to 5/G: lamhs, 4/8(1. Hides: Ox, 331 b. to 441 b.. 6 3-8(1. io 7 5-Sd. per lb.; ox. 451 b. to 521 b., 7 3-Sd. to 8 3-Bd.; ox. 531 b. to 591 b., 7 l-Bd. to 9 3-Sd.; ox. 601 b. to 691 b.. 8 7-Sd. to 9|d.: ox, 701 b. and over. 94d.: cow. 331 b. to 391 h., 6 7-Bd. to 7 l-Bd.; cow. 401 b. to 481 b., 5Jd. to 7 7-Bd.; cow, 491 b. and over. 6 7-B<l. to Bd.; kin. 251 b. to 321 b., 6 3-Sd. to 84d.: kip, 171 b. to 241 b., Sd. to 9 5-Sd.; yearling. 111 b. to 161 b., Bd. to 13 1-Sd.; calf. 91b. to 101 b.. lljd. to 13d.; calf. 61b. tn Sib.. 12 5-Bd. to 15 5-Sd.: calf. 11b. tn 51b.. 124 d. to 16 5-8(1. Tallow : Tn casks, etc.. 25/6 to 28/- per cwt.: in tins. 15/- to 22/6. Sundries; Cow tails, lO’jd. per doz. FROZEN MEAT TRADE Lamb Market Firm Lambs: Market firm. Wetherfl and ewes: Market steady. Beef: Market firm on short supplies. Porkers: Market firm for light weights, slow for heavy weights. Baconers: Market slow with easier tendency. Tallow: Demand poor. The above report wa« received yesterday by Cathie, Dempster and Co., Ltd., Wellington, from Sliced. Thomson and Co., Ltd.. London, who quote current prices as follows: —- Lambs: 2’s. 7}d. to Bd.; S’s, 7Jd. to Rd.; 4’s, 7d. Io 7 1-Sd.; 2nds, 7 3-Sd. to 74(1. Wetliers: I's, 7’s, 51 d. to 5 5-Sd.; 3's, 9’s. s’s, 4 3-Sd. to sd. Ewes: I’s. 7’s. 4 1-8(1. to 4 3-Sd.; 3’s, 9’s. s’s. 3 5-Sd. to 4d. Ox beef: Hinds, -id. to 4}d.; fores, 2 7-B<l. to 3d. Cow beef: Hinds, 34d. to 3Jd.; fores' 2 3-Bd. to 2Jd. Porkers: 6Jd. to 7:’d.; baconers, 6}d. to 64d. Tallow: Fine mutton, 31/- per cwt.; sweet beef, 30/6; good mixed, 29/-. Henry S. Fitter and Sons, Ltd., have received the following cabled report from their London office:—Lambs: The market is firm, and moderate business has been done. Wethers: The market is quiet, but firm. Ewes: Smaller supplies have caused the market to harden. Chilled beef: Roth demand and prices arc steady. Pork: The market is quiet and unchanged. Trade generally is very Slow. I

Jan. Jan. Jan. Jan. Feb. 14. 21. 28. 4. <1. d. d. d. d. Merinos — 70’s ..... , 42 42 41 39 J 39 64's 40 40 39 371 37 60s 30 39 38 364 36 Crossbreds— 58’s 34 34 33 J 36 56's ..... 30 30 291 29 f J "l 50’s ..... — *27 *264 *24} *244 46 s — *24 *24 *23} *23} 40s — *24 ♦24 *234 *23} ♦Nominal.