Farming and Finance

Manawatu Times, Volume LIV, Issue 7210, 17 July 1933, Page 8

Farming and Finance

STOCK AND SHARE MARKET

SATURDAY, JULY 15, 1933. Wellington Stock Exchange.

UNOFFICIAL LIST.

CHRISTCHURCH SALES. Per Press Association. CHRISTCHURCH, Last Night. Sales on 'Change: Comm. Bank of Aust. (cum. div.), 16s 4d (2), I6s 3d; National Bank of Australasia (£lO paid), £l2 19s; Bank of New Zealand, 495; Union Bank of Aust. (cum. div.), £9 Is; Goldsbrougli, Mort., 28s 7d, 28s 4d; ‘United Building Society, 17s 3d; New Zealand Refrigerating (10s paid), 6s Od (2); New Zealand Breweries (cum. div.), 34s 3d (2), 34s 2d; Bcatk and Co. (Is paid), ss; Electo. Zinc (ord.), SBs 3d; Mt. Lycll, 22s 6d (2); Alexander (13s 6d paid, cum. div.), 20s 9d (2) • Big River, Is 4jd; Blackwater, 26s' (3); Freshford, lOd (2); Golden Dawn, 2s 3d; Golden Sands (3 per cent, div.), 2s lOd; Kildare, 2s 3d; King Solomon, 2s; Lawson's Flat (Is paid), Is 34d; Okarito, 11s Id. Sales reported: E.S. and A. Bank, £o Is 6d; Dalgety and Co., £9 10s; Bank of New Zealand, 495; New Zealand Newspapers, 265. Unlisted sales: Mining House Concessions (3d paid), 54d; National Tobacco, 61s 6d.

NEW ZEALAND MEAT PRODUCERS’ BOARD Tlio returing officer announces that ho has received the following nominations for the three vacancies for producers’ representatives on the New Zealand Meat Producers’ Board: — A. D. Acland, Christchurch (sitting member); Edward Averill, Hastings; James Carr, Methven, Canterbury; R. S. Chadwick, Danncvirke; J. 0. Coop, Ataahua, Canterbury; W. D. Lysnar, Gisborne; J. D. W. Ormond, Wallingford, Hawke’s Bay; Sir Wm. Perry, Mastcrton (sitting member.) 'Plxc election will take place on August 31, 1933, when the delegates who will bo elected to represent the various districts throughout the Dominion and who will constitute the electoral committee, will assemble in Wellington to consider the eleventh annual report and statement of accounts of the board and to elect the three producers’ representatives on the board. As already advertised, nominations for delegates to the electoral committee close at the board’s office at noon on July 21, and a postal ballot will then be conducted among tho sheepfarmers in the districts where the nominations are in excess of the number of delegates required. FROZEN MEAT MARKET Messrs. Levin and Co. Ltd., have received tho following cable from their London agents, dated July 14, 1933: — Frozen meat quotations (prices on a <!< delivered” basis, ie.* including storage charges, cartage, market tolls, etc.): — North Island Down lambs, 28/361b5., 6 7-8 d per lb.; 36/42, 6 7-Sd per lb. Best North Island Crossbred Lambs, 28/3Glbs.. 6 5-Sd per lb.; 36/421b5., G 5-8 d per lb. North Island Second Quality Lambs average 30/311b5,, 5 7-Sd per lb. Best North Island Wether Sheep, under 481b5., 5d per lb.; 48/sGlbs., 4 l-8d per lb.; SG/641b5., 3 5-Sd per lb.; G4/721b5., 3 3-Sd per lb. North Island Ewes, under 481bs:, 3 3-8 d per lb.; 48/sGlbs., 3Jd per lb.; SG/641b5., 2 7-Sd per lb.; G4/721b5., 2-fd per lb. New Zealand Prime Ox Beef, 160/ 2201b5., 23-8 d per lb. Compared with last week’s quotations, Down lamb 2S/361bs. 1-Sd per lb. lower; crossbred lamb l-8d per lb. lower; 2nd. quality lamb 1-Sd per lb. lower; wethers 48/G4lbs., l-8d per lb. lower; ewes under 481bs. and 56/721bs. 1-Sd per lb lower. Others unchanged. Tho spot market is quiet and slightly easier all round. CLEARING- SALE The N.Z. Farmers’ Co-op. Distributing Co., Ltd., report holding a clearing sale of live and dead stock on account of Mr P. Lurajud, Marton. There was a very large attendance, and considering tho backward condition of the cows and heifers prices wero satisfactory. One hundred heifers and 36 cows were yarded, the majority showing good quality, but wore in rather poor condition and calving late. Two hundred and twenty sheep were penned, and these elicited keen competition. Five horses came forwards, a 2year draught realising £2l, and all being keenly sought after. Machinery and implements also sold particularly well. Prices were: 5S low-mouth ewes, r.w. R.r., 9s; 31 m.s. v-oolly lambs, 12s 7d; 26 small ewe lambs, 9s; 84 small w-ether lambs, 8s Id; 10 cull ewes, 3s. Dairy cows in milk, £2 to £3 15s; Jersey cows, duo August, £3 10s to £5 10s; later calvers, £2 5s to £2 15s; backward, 30s to £2 2s 66; Jersey cross heifers (springing), £2 12s Gd to £3 ss; backward, 35s to £2 ss; 4yr bay marc in foal, £18; aged mare in foal, £9 ss; 2yr draught gelding, £2l;4yr black pony, 5; bay pony, £5. S.f. R. and G. plough, £10; spring cart, £l3 15s; 2Jhired man engine, £9 2s 6d; Sandow wool press, £9; Booth, McDonald electric pump, £10; spring cart harness, £S. Sundries sold at satisfactory prices.

REFRIGERATOR SELLING In a statement to the "Editor and Publisher” in January last the Norge Corporation, of Chicago, stated that newspapers will constitute the back bone of Norge refrigerator advertising effort for 1933. The bulk of tho appropriation will be spent on space in dailies, it was revealed last week at one of a national series of 49 distribu-tor-dealer-meetings. Factory executives, in outlining this year’s sales programme, emphasised increased advertising schedules. Tho company had a successful year in 1932 and plans to sales further this yea/r.

Norge newspaper advertising "will bo placed at the factory’s order in 366 cities. In addition, mats are to be provided so that distributors and dealers may carry, over their signatures, Norge advertising. This distributor-dealer copy is to be placed by the dealer and paid for eo-operativcly by himself and tho distributor.

Morning Call. Buyers. Sellers. N.Z. Govt. Loans— 34 p.c. ins. stk., £ s. d. £ s. d. 1938-43 4 p.c. inst. stk. (ex. interest), 0 100 5 0 1940 4 p.c. ins. stk. (ex. interest), 100 0 0 1955 Debentures— South Taranaki Elec. Power 100 10 Bd., 4 i p.c., 1955 Makcrua Drnge. — 100 5 0 Bd., 0 p.c., 1946 — 95 0 0 Wgtn. Gas Co. .. 101 15 0 — Wgtn. Bacg. Club Banks — 92 0 0 Australasia .. .. 11 10 0 — E.S. and A. 4 19 0 — National of N.Z.f Nat. of A’asia. 3 16 6 " 6 (£5) — 0 6 7 New South Wales 32 0 — New Zealand N.Z., D Long 2 8 9 Term Financial — 1 10 O Dalgety & Co. .. Goldsbro., Mort. & 9 9 0 0 Co N.Z. Guar. Corp. 1 9 (ord.) N.Z. Guar. Corp. 0 6 0 (pref.) N.Z. and Biver 1 0 6 Plate Wgtn. Trust and 1 0 0 Loan .. .. .. G-clS— 3 7 0 6 Christchurch 1 6 6 1 7 Christchurch, con. 0 12 8 — Wgtn. (ord.) 1 13 0 — Wgtn .(pref.) .. insurance— 1 0 10 10 National of N.Z. 0 16 6 0 16 New Zealand* .. 2 10 3 — South British ,. Meat Preserving— 3 7 6 G Gear Meat .. .. 1 13 0 1 14 NZ. Bel’rig. (£1) — 6 0 16 3 N.Z. Being. (10s) TransportUnion Steam 0 6 0 7 0 (pref.) P. & 0. Defd. 1 2 3 0 Stock Woollen — 1 4 Wgtn. (ord.) 5 2 6 6 — Wgtn. (pref.) .. Coal — 5 % Westport — 0 0 13 6 Kaitangata .. .. Timber — i i Kauri 0 12 9 0 14 0 National Breweries — _ 0 7 6 Carlton 1 17 0 1 19 0 N.Z. Breweries* . — 1 14 O Staples and Co. .. Miscellaneous — Burns, Philp and 1 7 0 Co 2 8 0 2 10 0 Colonial Sugar .. Dominion Invest56 10 0 57 2 6 ments Electro. Zinc (8 p.c., part 1 1 6 pref.) 1 11 6 — 0 N.Z. Drug .. .. 3 5 0 3 7 N.Z. Paper Mills Sharland and Co. 1 6 4 (ord.) Sharland and Co. 0 19 6 (pref.) .. .. .. Wgtn. Queen’s Theatro .. . • Wilson’s Cement 0 19 6 0 1 1 (cum. rights) . Mining— 1 13 O 1 13 9 Alexander* .. .. 0 19 6 1 0 0 Big Biver .. .. 0 1 4-1 0 1 6 Blackwater .... 1 5 9 1 6 4 Gillespie’s Beach 0 I 6 — 6 Mt. Lyell 1 1 11 1 2 Nokomai 0 3 6 0 4 0 Okarito 0 10 9 — Waihi Waihi Grd. June1 2 ° tion 0 3 5 — 5± Bell - Kilgour .. — 14 0 1 Central Shotover 0 1 0 1 0 Lawson’s Flat .. 0 1 0 — * Cum. div. t Ex div. Sales reported this day 4d. Waihi, 22s

£ s. d. £ S* d. Murray Creek .. — 0 14 0 Bell - Hooper .. Majestic “A” Deb 0 10 0 1 4 — 82 0 0