COMMERCIAL

Gisborne Times, Volume LXXII, Issue 11494, 23 November 1931, Page 2

COMMERCIAL

STOCK AND SHARE MARKETS (Press Association' AUCKLAND, Nov, 21. Reported sales: Wilson’s Cement, 36s 6d; Auckland City, 5£ per cent, de-bs., 1940, .£96. ; CHRISTCHURCH, Nov. 21. ■ Sales on ’Change: New Zealand Government, 54 per cent.. Bonds (1937) £9B 12s 6d; Union Bank of Australia,. £8 Is; Goldsbrough Mort, 22s 5d , ,:.22g 4d; New Zealand Refrigerating C 0.,. 10s paid, 4s 3d (8); New Zealand Breweries (cum. div.). 29s Bd, 29s lOd; Tooth’s Brewery, 20s 2d; British Tobacco, 24s 6d, 24s 7d; Mt. Lyell, cum. div., 19s 3d; Mahakipawa, 44d;. Okarilo, 9s Id, 9s 2d (2), 9s Id; Golden Dawn, 7s sd. Sales reported: Dalgety and Co. (cum div.),, £8 2s 6d; British Tobacco, 24s 9d ’(2).

LONDON MARKET REPORT Tho Bank of New Zealand is in, receipt of the following cable advice from its London office as at close of business last week: “Wethers: The demand is improving. Ewes: The market is quiet and unchanged. Lambs: There is a good demand for this time of tbo year. Trade generally is slow owing to heavy supplies of fresh meat. Current quotations: Wethers, light, 3sd to did; heavy, 2ijd to 3Jd; ewes, 2jd to 3RI; lambs, twos, 7d to 7Jd; eights, 6Jcl to 6)d; fours, 3d to sid; seconds, 3d to sid. HOME MEAT MARKET (D.P.A. by Elec. Tef. Copyright.) (Received Nov. 22. 11 p.m.) . LONDON Nov. 22. New Zealand sheep. North Island, crossbred wethers and maiden ewes, 48 to 561 b., 3fd; Australian sheep, first quality crossbreds, and/or merino wethers, 40-651 b.. 3d; do., second quality, 30 to oolb., 3d; do., ewes, 30 to 551 b., 3d. New Zealand lambs, Canterbury, 37 to 421 b., 62d, do., 43 to 501 b., sd; other South Island brands 43 to 501 b., oil; selected North Island brands. including Downs, 43 to 501 b.,. sd; Australian lambs, Victorian first quality, 361 b. and under, 63d, do., 37 to 421 b.. 5Jd; other States, first quality, 361 b. and under 5Jd; do., 37 to 421 b., od : Victorian, second, quality, 361 b. and under, ■sjd; Argentine lambs, first quality 37 to 421 b., sd, do., 43 to 501 b., sd. Australian frozen beef, ox crops under. 1001 b., 2fd: do., over 1001 b., 2jd; ox hinds, -under 1601 b., 3.U1, do. over 1601 b., 32c(. Argentine chilled beef, ox fores. 160 to 2201 b., 3jd; ox binds 160 to 2201 b., old. New Zealand pigs, first quality, 60 to 1101 b., average 901 b., 6d, do., 11l to 1201 b., old.

.AALERICAN STOCK MARKET (U TEA. b.v Elec. Tel. Copyright.) (Received Nov. 22, 5.5 p.m.) NEW YORK. Nov. '2O. The stock market, influenced by falling wheat prices, dropped one to ten points, especially when steel “common” went below its points of 121 made on November 5. Steel to-day touched GOg. A long list of Industrials and railways followed steel down. Auburn dropped 10$ to 1051;. General Motors closed at 255, a drop of five-eighths; Pennsylvania Railway 2S’s made a. drop of one point; "United States steel, closed at 61, a drop of 3s. WHEAT LOSSES (U.P.A. by Elec. Tel. jopyright.i (Received Nov. 22, 5.5 p.m.) OTTAWA. Nov. 22. A report from Brandon states that Manitoba’s loss in aiding the provincial wheat pool, through guarantees to tho banks for pool advances, will be 1,333,000 dollars. The Premier, Mr John. Bracken, revealed tb-day that the Government’s liability to the pool lending hanks is morq than three, million dollars, but about two, millions ate ..cove red by tho assets of the pool.' ■ BRITAIN’S. BUTTER, COMPULSORY MARKETING (U.P.A. by Elec. Tel. Copyright.) LONDON, Nov. 20. The Ministry of Agriculture announces a postponement of , the compulsory marketing ,of imported blending- butter- The recept. dissolution had -the effect of '.voiding the previous tabling of the draft .order, which cannot now-become;.operative till April.