SYDNEY STOCK EXCHANGE

Evening Star, Issue 23208, 6 March 1939, Page 6

SYDNEY STOCK EXCHANGE

Press Association—By Telegraph-Copyright SYDNEY, March 4. The following sales were made on ’Change to-day:—

ANTWERP FUTURES Press Association—By Telegraph—Copyright LONDON, March 4. Antwerp . futures are quiet, April, 22/d; July, 22id; September,. 23d. FROZEN MEAT TRADE LAMB PRICES DECLINE The Bank of Australasia is in receipt of the following cable,,dated London, March 1, from its London office: — Frozen lambs: There has been moderate demand with supplies sufficient for the trade, and, with, increased arrivals due shortly, prices have declined. Australian lambs are in poor demand and prices weaker. Frozen mutton: Slow trade for both wethers and ewes, and, in spite of lower prices, market continues dull. Frozen ’ bfeef: Fair inquiry, prices steady. ■ ■ :. . SLUMP VALUES REALISED ■ -TEKAPO SHEEP SALE [Pub UnitedPeess Assocutioh.J I FAIRLIE, March 4. , ■ Prices on a par with slump values! were realised 'at the Tekapo sale to-day,! the drop.being attributed! to the short-! age of feed and a lack of confidence. The yarding numbered about 2,000, onethird fewer , than last year. The de-; crease was due to sellers anticipating! the mafketj and also to smaller draughts owing to the severe' winter. The top price of 18s 6d was realised! for lambs, but the trend of the market' was indicated by the fact that only; good! two-tooth ewes touched 12s. Sound ewes sold at 7s ■ and failing down to 6d. Passings were numerous, many runholders preferring to take a chance! with the winter rather than meet the market. Nearly the whole of the yarding comprised merinos and half-: breds, representing draughts from stations. THE MEAT MARKET >■ ■ ■ ... . ’■ . .: T---[Peb Osited Pees* Associaxio*.] WELLINGTON, March 4. The New, Zealand Meat Producers’, Board advises that the. following are the ruling prices: of wholesale quantities of the descriptions of frozen meat mentioned, and are for representative parcels‘Of the goods sold on Thursday, March 2. Chilled beef prices are averages of the week on which this list is issued. All prices are on .the basis of delivered to Smithfield market. ■ New Zealand Sheep.—Cross-bred wethers and/or maiden ewes: Under 481 b, 4|d per lb; 49-561 b, 3|d; 57-641 b, 3id; 65-721 b, 3|d. Ewes: Under 481 b, 2Jd; 49-561 b, 2fd; 57-641 b, 2id; 65-721 b, 2id. New Zealand Lambs.—Canterbury: Under 361 b, 7id; 37-421 b, 7jd; 43-501 b, 6Jd. Second quality—average about 311 b, 7d. North Island Downs: Under 361 b, 7Jd; 37-421 b, 7d; 43-501 b, 6|d. Second quality—average about 301 b, 7d. North Island: First quality—Under 361 b, 7d; 37-421 b, 7d. Second qualityaverage about 311 b, 6id. ■■ . Australian Lambs.—Victorian; First quality—29-361b, 6id; 37-421 b, 6id. Argentine Lainbs.—First quality: Under 361 b, 6d; 87-421 b, s|d. *New Zealand Frozen Beef.—Ox hinds, 145-2101 b, 4d; ox fores, 145-2101 b, Bd. “Australian Frozen Beef.—Os hinds, 145-2101 b, 4d; ox crops, weights corresponding, 3d. ■ „. , New Zealand Porker P?gs— First quality: 61-80!b, 7*d; 81-1001 b, 6|d; 101-1201 b, 6|d. New Zealand Baconer Pigs.—l2l- - 6Jd. „ , _ . Boneless Bobby Veal.—Ex store, in parcels, 4Jd. . (Chilled beef prices are approximate average prices realised for the week.) New Zealand Chilled Beef.—/)x hinds, 145-2101 b, sd; ox fores, 145Australian Chilled Beef. Ox hinds, I4S-2101b, 4Jd; ox crops, weights corAfrica Chilled Beef. —Ox hinds. 145-2101 b, sid; ox fores, 145-2101 b, 3Jd. . , Southern Rhodesian Chilled Beef.— Ox hinds, 145-210 lb. 4d; ox fores. 145-2101 b, 3d. ■ ' .■ ■ _ . . , Argentine Chilled Beef.—Ox hinds, ■145-2101 b. 6d; ox fores, 145-2101 b, _4d. Uruguayan Chilled Beef.—Ox hinds, 145-2101 b, s|d; ox fores, 145-2101 b, 3ld Brazilian Chilled Beef.—Ox hinds.: 145-2101 H, Sid. * New Zealand and Australian frozen, beef quotations’second quality. Lamb Market.—Again shade easier, but lower prices stimulating consump-, fcl °Mnt.ton' Market. —Wethers and ewes r Trade slow, with prices heavy-weights lower. _ , , _ , Beef Market. —Frozen beef; Demand quiet; prices inclined to weaken. Chilled: beef: Demand slow owing to Lent, with, supplies heavy. _ . , , New Zealand Porker Pigs.—Lightweights easier; medium-weights firmer. Demand quiet. . New Zealand Baconer Pigs.—Market quiet and unchanged. DOLLAR RATES. The . Associated Banks (other than- the Bank of New South Wales) to-day quoted, the following dollar rates on a New Zealand currency basis. They are subject to alteration without notice: —

One of the recently-published) novel* is called ‘The Hinge.’ Presumably the plot turns on this. “ Help our nurses home,” runs an announcement. We never thought nurses were. like that. It has been said that the Dutch His* like hire purchase. All the same, they seem to like plain yans.

£ s. d. Commonwealth Bonds— 3 p.c., 1948 ... ... ... 94 2 6 3| p.c., 1949 96 18 9 3i p.c., 1943 ... ... ... 89 15 0 3| p.c., 1942 ... 100 13 9 3i p.c., 1951 ... ... ... 99 17 6 3| p.c., 1954 98 17 6 3J p.c., 1954 ... ... ... 100 17 6 4 p.c., 1944 ... ... ... : 102 5 0 4 p.c,, 1953 ... ... 102 76 4 p.c., 1955 ■ ...102 15 0 4 p.c., 1957 ... ... ' ...'103 7 6 Broken Hill Proprietary ... 2 16 0 Dunlop Perdriau (pref.) ... 1 18 0

U.S.A. CANADA. ' (Per £1 N.Z.) (Per £1 N.Z.) SELLING— T.T, (dol) ... 3.72 5-8 3.73 7-8 O.D. (dol) ... 3.72 15-16 3.74 1-8 buying— O.D. (dol) ... 5.78 7-16 3.79 7-8