DUNEDIN STOCK EXCHANGE

Evening Star, Issue 23113, 12 November 1938, Page 14

DUNEDIN STOCK EXCHANGE

UNLISTED STOCKS— All stocks in this section are not quoted on the official list, and transactions are subject to a different rate of brokerage:— Wool worths Properties • (£1) ... 15 0 « 1 DOLLAR RATES. The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates to-day on a New Zealand currency basis. They are subject to alteration without notice:— U.S.A. CANADA. (Per £1 N Z.) (Per £1 N.Z.) SELLING—TT. (dol) ... 3.76 5-8 3.79 5-16 O.D. (dol) ... 3.76 15-16 3.79 9-16 3UYINGO.D, (dol) ... 3.82 1-8 3.85

FRUIT AND PRODUCE Bray Bros.. (Dunedin) report for the week ending to-day:— Owing to heavy rains the Canterbury and "North Otago districts .are looking particularly well for this time of the year, and it is now fairly safe to predict good yields of both wheat and oats from these quarters in the coming season. In Otago and Southland the growth is not so marked as in the northern areas, but recent rains have helped the position materially, and the prospebts for the incoming season are also excellent in these districts. Millers continue to work on their stocks of New Zealand and Australiangrown wheat, and it is considered that these stocks will be sufficient to meet their requirements until the next season's wheat is available. The fowl wheat market remains firm with supplies just about sufficient to meet the demand. Best quality is selling at 6s 9d per bushel (sacks extra, ex store). • Wholesale prices are as follows: Flour: 200's, £l3 15s 6d; 10's, £l4 2s 6d; 50's, £l4 17s 6d ; 25's, £ls 7s 6d. Bran: £5 5s per ton. Pollard: £6 15s per ton. Oatmeal: 2001 b sacks, £l9 per ton; 25's, £2O per ton. . . The amount of business passing in the oat market is not large. So far as the Otago district is concerned, merchants' stocks are light for this time of the year, and there are no offerings from the country. The ruling quotations are 3s 3d, f.0.b., s.i., for A Gartons, and 3s, f.0.b.. s.i., for B s. Advice from Victoria states that following on the absence of rain the oat market there lias firmed considerably. Supplies from Victoria liavo an influence on the New Zealand market. The demand for chaff is limited and small sales onlv are being recorded. Values are unchanged, with best quality worth £6 10s per ton (sacks extra), ex store. - . There are still ample supplies or potatoes available in Canterbury. The lateness of the new season's crop in the North Island has prolonged the demand for old tubers. Some of the JSortn Island ports are short of new (potatoes, and this has tended to improve the market. Stocks locally are sufficient for the requirements, and freshly-picked lines are worth round about £2 10s per ton (sacks included), ex store. An odd line of strawberries came to hand during the week. These were of good quality, and realised satisfactory prices. A further shipment of Australian oranges arrivrd on Tuesday ex the Maunganui. A supply of Jamaican oranges will be available early next month. It is understood that the Marketing Board has made arrangements for a continual supply of oranges throughout the season from vaiious sources. . , „ „i„„ A small shipment of pineapples also arrived ex the Maunganui Samoan bananas are meeting witn a re Supp£'of apples ex ccol stores.are on the short side, and are meeting with a readv sale at the marts. Tomatoes from Canterbury and local hothouse are increasing in supply. A good demand is being experienced New Zealand lemons are in hea\y SU Cabbages are in short supply, and higher prices were ruling at the weekenCauliflowers are in short supply and higher prices were ruling at the "Lettuce have been in over-supply. Only choice quality are worth sending to the markets. ' , Rhubarb is in good supply. Green peas are arriving regulariy from the Waimate and Canterbury districts. New potatoes are increasing in supplv. and are selling readily. New season's carrots will be available shortly.

New season’s white turnips are now.: on offer. The following prices were realised during the week:— Carrots.—New: 2s 8d per dozen. Parsnips, Is 4d per dozen. Asparagus, 10s to 12s 6d. Rhubarb, Id per lb. Christchurch Hothouse Tomatoes.—* Is 7d to Is 9d lb. Swedes, 2s bag. Carrots, 2s to 2s 6d bag. - Parsnips, 5s bag. Cabbages, 3s case. Cauliflowers, 6s to Ss 6d sack. Apples.—Stumers, 10s to 12s 6d case; Delicious, 10s to 11s case; cook« ers, 8s 6d to,los. , Lemons.—New Zealand, ss' to 8s case. ■■ ■• 1 . • Oranges.—Australian. 17s to 21s. Bananas. 18s 6d to 22s 6d. Pears. —Large case. 10s to 12s casa,Pineapples, 21s to 23s per case. Tomatoes.—Local hothouse, 2s pe/ Ik

THIS MORNING'S CALL LATEST QUOTATIONS Buyers. Sellers. £ B. i d. £ s. d. N.Z. GOVERNMENT LOANS— 34 p.c. Stock, Not., 1938-52 — 100 0 0 34 p.c. Stock, March, 1939-43 97 15 0 93 5 0 3j p c. Stock. Sept.. 1939-43 98 5 0 34 p.c. Stock, Mav, 1939-52 100 0 0 34 p.c. Stock, Sept., 1941-43 — 100 10 0 4 p.c. Bonds, 1946-49 — 99 0 0 1 p.c. Stock, 1946-49 — 99 5 0 4 p.c. Stock, 1952-55 98 15 0 — 34 p.c. Stock, 1953-57 — 94 0 0 BANKING— Australasia (£5) — 10 4' 0 New South Wales 0 (£20) — 31 5 New Zealand (£1) ... 2 -2 0 — E.S. and A. (£3) ... 5 10 0 — National of New Zealand (£2 10s) ... — 2 10 0 INSURANCE— National (7s) 0 16 1 — Standard (£1) 2 10 0 — SHIPPING — U.S.S. Co. (prefj £1). 1 6 0 — MEAT PRESERVING— Gear (10s) — 0 14 9 N Z. Kctnireratiug (paid, £1) — 0 18 0 Southland Frozen (paid, £1) — 1 10 0 South Otago Freezing (£5) 5 0 0 LOAN AND AGENCYGoldsbrough, Mort (£1) -• — 1 9 0 N.Z. Guarantee Corporaticn (3s) 0 4 0 — Wright, Stephenson (ord., £1) I 3 6 Wright, Stephenson (pref., £1) 1 0 6 COAL— ' W 7 cstport (10s) ... 1 3 6 Wcstport-Stockton (ord., 10s) — 0 4 9 W'estport-Stockton (pref., 10s) 0 6 0 — OIL— Moturoa (pref.. 5sl 0 5 0 Taranaki (£1 4s 7d) 0 12 9 0 13 6 WOOLLEN COMPANIESBruce (ord., £1) D 5 0 — MISCELLANEOUS— Associated News (£1) 1 2 0 Associated News (pref., £1) 1 4 0 — Australian Foundation Trust 0 4 9 •— Broken Hill Proprietary (£1) ... ... 2 17 9 1 — Crystal Ice Co. (£1) 1 10 0 17 0 D.l.C. (ord., 10s) —* 0 14 i> Dominion Fertiliser Debs. ... 101 0 0 —- General Industries (12s 6d) 0 18 0 — G. J. Coles (£1) ... 3 19 6 — I.C.I. (pref., £1) ... 1 2 10 : — Milburn Lime and Cement (£1) — 1 16 0 M’Lcod Bros (£10 ... 23 0 0 28 0 0 N.Z. Drug Co (£2) — 3 H 6 N.Z. Paper Mills (£1) • Otago Daily Times ' — 1 2 6 (£1) — 2 3 0 Smith and Smith (pref., £1) — 1 2 0 W 7 oolworths (ord., 5s) 0 19 9 — W’oolworths (Sydney, ord.j 5s) ... 1 0 10 — BREWERIES— Dunedin (£1) — 1 6 0 OVERSEAS LIST— Woolworths (South Africa) ... 0 14 8 OVERSEAS MINING— Broken Hill South (5s) 1 11 0 1 12. 0 Electro. Zinc (pref.. £1) 2 9 0 “ Electro. Zinc, (ord., 8 0 £1) — 2 Mount Lyell (£1) ... 1 9 6 — Mount Morgan (2s 6d) 0 9 8 0 9 10 (5s) — 2 12 0 Eawang Tin (10s) ... 0 8 4 — Zinc Corporation 5 3 0 N.Z. MINING— Argo Dredging (Is) — 0 2 0 Austral N.Z. (£1) .»• — 1 1 6 Big River (Is) 0 0 11 — 9 Clulha River (2s) ... 0 2 0 0 2 Gillespie’s (Is) ... ... —r 0 1 0 Goldfields Dredging (Is) 0 — 0 o ij Mataki Dredging (2s) o in — Molyneus River (2s) Nokmnai (5s) 0 0 10 0 1 £ Okaritn (5s) 0 2 1 0 2 9 Sandhills (Is) ... ... 0 0 1 0 o 24Waitahu (5s) — 0 i u