FINANCE AND COMMERCE

Gisborne Times, Volume LXXXVI, Issue 13094, 16 February 1937, Page 8

FINANCE AND COMMERCE

LATEST MARKET NEWS

STOCKS AND SHARES. (Press Association) AUCKLAND, Feb. 15. Silos oil 'Change: Consolidated Prick, 10s 7d.; Marts Dock, 10s 6d; Alt. Morgan, 17s; Mt. .LvcdJ, -1 Is Gd; Electro Zinc, 56s Od, 575; Standard Insurance, 5Ss Gd; C. J. Coles, £5 11s 6d, £5 11s 9d; Stock, 193943, £llO3. 10s; Auckland City, 1953. £lO4 10s; Gillespie’s Peach, Is od. Is 43icl; Oamarli Wool, 20s; Sharlands, pref., 20s; -Mount -Morgan. 10s lid, 17; Hank of New Zealand. <los 3d,; Mt. Lyell, 44s Gd ; Broken Hill. S2s 9d ; Woohvorths (N.Z.) £7; National Bank of Australasia, con.. £7 11s 9d; ‘Wellington ILospitM Hoard, £lO3. WELLINGTON. Feb. 15. Sales oh ’Change: Colonial Sugar, £l3; G. J. Coles, £5 ILs Od. £5 12s. £5 11s; New Zealand Kefrigorating. 20s 3d; Gear Meat, 17s 3d; Abinuwatu Woollen, 25s Gd New Zealand Breweries. 58s ; Consolidated Brick. 30s gd; Woohvorths (N.Z.). £'< : Electro Zinc, ord., 56s 9d, 56s 71:1; Broken Hill. £B3. CHRISTCHURCH. Feb. 15. Sales on 'Change: 4 per cent in-

scribed stock, 1943-40, ex interest. £102; Commercial Bank of Australia 19s 2d; New Zealand Loan and Mercantile, ord., stock. £l4 (2); Canterbury Frozen Meat, pref.. £6 os; \Vcstport-Stoekton Coal. 2s 42); Christchurch Gas, 28s Dd; New Zealand Breweries, 58s 9d: British Tobacco, 51s 9d (2),; Broken Hill Proprietary. 82. sGd (3), 82s 8d (2). 82s 9d; Broken Hill Proprietary, con.. 70s Gd; Colonial Sugar, £412 15s; Dunlop Rubber It's Id (2); Electro Zinc, pref., cum div., 57s 6d (5) : G. T .Coles. £5 11s Cd (5) ; llumo Pipe (Aust.), ‘2ls 3d; Maori Gullv, - Gd ; Mount Lyell. 44s 7d, 44s Sd, 4-Is 9d (4); iMount Morgan, 16s (8); Ravang Tin. ills 4cl; Selfridgcs /X.Z.), 4s paid, 5s Cd; Woelworths (Sydney) ord., £8 12s, £8 11s 6d, £8 ILs 3d <2)>; Woolworths (W.A.) £7 ss. DUNEDIN, Feb. Jo. Sales on ’Change: Bank of New Zealand, 40s 3d ; Commercial Bank. 19s 3d (2) ; New Zealand Loan and Mercantile, ord.. £-14 10s, £44 ; Dunlop Perdriau, 19s; G. J. Coles, £5 10s, £5 ILs; Mount- Lyell, 44s 44. 455, 44s 8d (2); Hume P-ipe, 21s -Id.

TE PUKE SHEEP FA lit TOKOAIARU BAY EWES ARRIVE TOO LATE At the annual sheep fair at To Puke a good yarding of both ewes and lambs came forward, but owing to the late running -of the boat from Tokomaru Ray 6000 ewes were not delivered in time for this sale; these will bo offered at a supplementary sale to be held in To. Puke saleyanls Di.oxt Thursday. Eight hundred 5’ to C^yoar ewes, ex Gisborne,- realised 28s 9d; sonnd-mouth local ewes oil’ dean iountry, 18s to 28s 6d, the latter price being paid for & good line of large-framed ewes: on account of Mr S. W. Mitche#; other local ewes according to conditon and age, 12s Gd to 17s Gd. In sympathy with other districts, the store lamb market was not so brisk as has been, the ease in recent sales, but good lines of well-grown sorts realised satisfactory prices. Shorn Romney ewe lambs, 24s 3d; "Golly black-face lambs, 12s 3d to 18s; thorn black-face lambs, to 16s •Id; sma ll cr lambs, 8s to ILs Gd ; oneshear Southdown rams, 6.|gns. to 8 gas; 4-th to fresh, l ull-mouth South down’ rams, from 2jgns. to- sgns.

MOIIIUNSVILLE STOCK SALE SHARP DECLINE IN BREEDING EWES COAST AND GISBORNE SHEEP CHANGE HANDS Breeding ewes declined sharply in value at the Morrinsville stock sale on Friday. The Farmers’ Auctioneering Co., reports that there was an extra heavy entry of all classes of store sheep, including breeding ewes from the East Coast, North Auckland, and southern districts. Competition was not so keen as last week and prices all along showed rv decline-

In some cases of older ewes values receded by 4s to 5s a head. There were several pens of well-grown 2-th owes ,and, although competition in this class was slightly easier than in older sheep, these also showed a deedine on last week’s prices. There was a good yarding of store lambs, which were excellently competed for by dairy farmers, and values showed littlo alteration from last sale. Cull caves were hard to quit. The following prices were realised for .sheep ex-Tokomaru Bay and Gisborne: Best 2-th ewes, 41s to 42s <xl; medium, 38s 7d to 39s 3d; small, 30s to 325; late shorn. 34s 6d; 4-th ewes, 355; mixed’ age, 35s to 35s Gd; 4-yr ewes, 29s Gd to 32s 3d; 5-yr ewes, 29s to 33s 6d (best); others, 275; to 2Ss; Glyr leaves, 2’s to 275; other 6yr ewes' 23s Gd to 24s 90.