Farming and Finance

Manawatu Times, Volume LIV, Issue 7250, 1 September 1933, Page 8

Farming and Finance

STOCK AND SHARE MARKET THURSDAY, AUGUST 31, 1933. Wellington Stock Exchange. Morning Cali. Buyers. Sellers. £ s. ci. £ s. d,

Sales, this day: On 'Change: 4 per cent. Government stock (1955), £IOO ss. Reported: Bank of New Zealand, 48s 3d; King Solomon, 2s Cd; Golden Point, 24d. Sales, late yesterday: Bank of Australasia, £ll 18s; Staples Brewery, 26s sd, 26s’ Cd; Waihi Grand Junction, 4s Id; Bell Kilgour Gold Mining Co., Is sd; Bank of New Zealand, 48s 3d; British Tobacco (ord.), 34s 44d; Mataki, 2s.

* Cum. div. t Ex. div.

UNOFFICIAL LIST.

CHRISTCHURCH SALES. Per Press Association. CHRISTCHURCH, Last Night. Sales on ’Change: New Zealand Government,, 4 p.c. inscribed, 1949, £lOl 7s Cd; Comm. Bank of Aust., 16s, 16s Id; Comm. Bank of Sydney, £.17 9s (2); National Bank of Australasia (£lO paid), (£l2 19s (3); Bank of New Zealand, 48s 4d; Bank of New Zealand, “D” Mort. shares, 335; Union Bank of Aust., £9 5s 6d, £9 5s (2); Goldsbrough, Mort., 18& 6di Mm Zs&lsM £loa

paid) ,8s 4d, 8s 5d (2), Ss Cd (2); Kaiapoi "Woolleils (17s paid), 5s (2); New Zealand Breweries, 38s 7d, 38s Cd, 38s 2d; Staples Brewery, 26s 8d (5); British Tobacco, 34s 7d; Electro. Zinc (ord.), 235; Electro. Zinc (pref., cum. div.), 33s 4d; Mt. Lyell, 21s lOd (2); Alexander Mines (fully paid), 23s (3); Alexander Minos (13s Gd paid), 2s Cd, 2s 3d, 21s 9d, 21s Cd; Bell Hooper (9d paid), lOd; Bell Kilgour, Is Cd; Frcsliford, 74d; Golden Dawn, 2s 9d (2); Golden Point, 2)d (2); Mahakipawa, 2d; Nokomai, 3s 3d, 3s 2d (3); Okarito (cum. div.), 11s 9d (4), 11s S4d; Waihi, 265; Waitaku (5s paid), 7s 4d (2), 7s 4Jd, 7s 5d (5). Sales reported: Bank of Australasia, £ll 19s Cd; Comm. Bank of Aust., lCs lid; Bank of New South Wales (ex. div.)* £32 12s 6d (3); Union Bank of Aust., £9 ss, £9 Cs; Goldsbrough, Mort., 28s 9d, 29s 2d, 295; National Mortgage, “A,” 455; New Zealand Breweries (late sale 30th.), 395; New Zealand Breweries, 3Ss; Howard Smith, 12s 3d; Mt. Lyell, 21s lOd; Wilson's Cement, 34s 7d. DOLLAR RECOVERS LONDON, Aug. 30. Exchange on New York is 4.554 dollars to £l. Opening rates were reported as follows:-

PRICE OF GOLD AGAIN FALLS

The price of gold before England went olf the gold standard on Seifiember 21s, 1931, was about 84s lOd. Gold at 129 s 4id (as it was on December 3, 1932) per ounce brings the £1 sterling down to about 13s 2d. P.N. WOOL SKIN, HIDE AND TALLOW SALE SHARP RISE IN VALUES FOR .SHEEPSKINS. At the monthly sale of wool, sheepshins and hides and tallow held on Wednesday by Abraham and Williams, -id., there was a decided rise in values for sheepskins. An excex>tionaily large catalogue was olfered to a full bench of buyers and competition throughout was very keen. Wool: Finer sorts were more in demand with a rise of Id to 2d per lb., while other sorts were very firm. Sheepskins: Bidding was very ani- . mated. Fine sorts were up Id to 2d per lb., good full-woolled skins up to id per 10., while all other sorts were up Id to Id per lb. Hides: The demand was of the best. Ox hides were iirm, heavy cow depreciated l-8d to |d per lb., medium-weight cow was firm and light cow rose in value up to id per lb. Calfskins dropped in value Id to 2d per lb. Tallow: The market is firm. The following is the range of prices with those of our last sale in parentheses: — Wool: .Southdown, to (Gid to Sd); fine ligts., did to 7id (to Gid); fine Xbred, to u{d (5d to 5Jd); med. Xbred, 5d to 5) d (4d to s£d); coarse Xbred. none (2-id to 3£); dead, 3Jd to 4id (3J to -lid); bellies and pieces, to 5d (21d to 3-id); crutchings, first, 4d to 41d (31d to -Id); crutchings, 2nd., 2-id to old (2)d to 3|d). Sheepskins. —Dry: Fine hoggets, 7£d o 71d (5-Jd to 6d); fine Xbred, Gid to 7 £-d (5d to 7d); three-quarter-full wools, 5d to 71d (sj-d to Gid); quaTterl'.alf wools, 4id to 5Jd 4r)d to s^d); shorts, 3d to 3-Jd (3d to 4d); pelts, 2d to 2£d (to 2-ld); lambs, to 7d (41d to Gd); dead, 34d to -lid (3d to 3£d); seedy, 5d to 51d (3d to 4Jd); damaged, 3|d to 5d (4d to 4Jd); inferior, damaged, 2d to 2id (2£-d to 3d). Hides: Ox, heavy, 6d to Gid (to Old); ox. medium, Gd to G l-8d (to G l-8d); ox, light, to 5 7-8 d (to 5 7-Sd); cow, heavy, 4 7-Sd to 51d (old to 5-8 d); cow, medium, sid to 5 7-8 d (5 3-8 d to 5Jd); cow, light, 5 7-Sd to GJd (5 5-8 d to Gd); yearlings, s|d to 7 5-8 d (Gid to 7-|d)* yearlings, cut, 4id to 5Jd (sid to O' 5-8 d); calf, light, Ist., lOd to 11 l-8d (11 7-8 d to 12id); calf, light, 2nd., 9d to 9 5-8 d (11 l-8d to lljd); calf, light, cut, 7d to 7id (BiJd to 10£d); calf, light, slippy, 3d to Gd (Gd to 8d). Tallow: In drums, super, 16s 6d to 17s Gd (17s to 18s); in drums, Ist., 14s to 16s (14s to 16s); in drums, 2nd., 12s to -3s (11s to 12s 6d); in tins, Ist., to 13s 6d (to 14s 3d); in tins, 2nd., to 12s 6d (to 12bK JOHNSONVILLE STOCK SALE Messrs. Wright, Stephenson and Co., Ltd. and Abraham and Williams, Ltd. report on Johnsonvillo sale held yesterday as follows: —There was a full attendance of buyers to whom wo submitted a yarding of exceptionally good quality stock. Prices for cattle showed no alteration on last week’s rates, lateftg iflta ajssiojiM tM m

of the stock, sheep should be quoted as being slightly easier. Vealers met with a keen demand. We quote: —• Prime extra heavy bullocks, £lO, £9 17s, £9 15s, £9 10s; prime heavy bullocks, £B, £7 15s, £7 12s, £7 10s, £7 ss; medium bullocks, £0 15s, £6 10s; prime heavy cows and heifers, £5 15s, £5 10s, £5 ss, £4 15s; medium cows and heifers, £4 ss, £4, £3 10s; runners, £3, £2 17s, £2 7s, £1 19s, £1 17s; prime extra heavy wethers, 26s 3d, 265; prime heavy wethers, 23s 6d, 23s 3d, 22s 9d; light wethers, 17s 3d; prime extra heavy ewes, 22s 3d, 225; prime heavy ewes, 20s 7d, 20s 4d, 20s, 19s lOd; light ewes, 17s 9d, 16s 6d, 16s 7d; heavy hoggets, 20s 6d, 19s 6d, ISs 6d, 17s; light hoggets* 14s 3d, 14s.

N.Z. Govt. Loans— 4 p.e. bonds, 1940 101 0 0 4 p.c. bonds, 1940 100 5 0 — iiural Advc. Bond 34 p.c. ins. stk., — 98 10 c 1939-43 34 p.c. ins. stk., 101 5 0 — 1939-52 34 p.c. ins. stk., 100 15 0 — 193S-43 34 p.c. ins. stk., 101 10 0 — 193S-52 101 0 0 — 4 p.e. ins. stlc., 1940 101 0 0 1 p.c. ins. stk., 1940 100 10 0 — 4 p.c. ins. stlc., 1955 100 5 0 100 10 « Debentures — Auckland £ity, 54 p.c., 1944 .... (Jli ’cli. City, 54 100 0 0 p.c., 1944 .. .. Dunoain City, 54 100 0 0 p.c., 1944 .. .. Wgtn. City, 54 100 15 0 — p.c., 1940 .. .. Makerua Drnge. 100 10 0 Brd., 0 p.c., 1946 95 0 0 Wgtn. City, 4i p.c., 1953 .. .. 100 7 0 101 10 0 Wgtn. Gas Co. .. 102 10 0 — Wgtn. Raeg. Club Amlg. Brick and 93 10 0 93 0 0 Banks— Comm, of Aust. (ord.) Commcl. Banking 0 15 11 — Co., Sydney .. Nat. of A'asia. 17 s 0 (£5) .... .. 0 6 4 New Stk. Walest — 32 15 c New Zealand — 2 8 6 Union of Aust. .. Union of Aust. 9 3 0 — (Melb. register) 9 3 0 — Financial — Dalgcty and Co. . Goldsb'gk., Mort. 9 7 0 — and Co N.Z. Guar. Corp. 1 8. 9 i 9 0 (ord.) N.Z. Invest., Mor. 0 6 9 0 C 10 and Dep N.Z. Loan and 0 3 3 — Merc., ord. stk. Wgtn. Invest., T. 46 10 0 0 4 3 — Wgtn. Trust Loan 3 16 0 _ Gas— Christchurclx 0 1 7 Wgtn. (ord.) — 1 14 0 Insurance — Aust. Prov. Assce. 0 11 6 South. British 3 10 0 — Standard* .. .. meat Preserving— Gear Meat (cum. 2 19 6 3 0 0 rights) 1 11 0 1 12 6 N.Z. Kef rig. (10s) Wgtn. Meat Ex0 8 2 port (pref.) .. Southland Frozen 0 15 0 ~ 2 12 l Transport— Huddart - Parker Union Steam — 1 10 6 (pref.) P. and O. defd. 1 3 O 1 2 6 — Woollen— Wgtn. (ord.) — Coal — Kaitangata .. .. 1 i 6 — Breweries— N.Z. Breweries .. 1 18 9 1 19 3 Staples and Co. .. Miscellaneous—■ Brit. Tobac., Aust. 1 6 i) 1 7 0 1 14 1 14 8 Burns, Philp and Co 2 12 0 Consol. Brick and 0 6 3 Electro. Zinc 1 2 9 — Eiectro. Zinc (S p.c.j part prof.)* 1 13 0 — Howard Smith (ord.) N.Z. Farmers’ 0 11 6 0 12 3 Fertiliser* 0 15 9 — N.Z. Paper Mills Sharland and Co. 1 7 0 ~~ (ord.) Wilson’s Cement 1 0 0 “ (cum. rights) . 1 14 3 — N.Z. Newspapers Prestige N.Z. Ltd. 1 6 6 (pref.) 1 0 6 1 0 New Colosseum . Mining— 2 0 0 Big Kiver .. .. 0 1 64 0 1 71 Blackwater .... 1 17 9 —; Consol. Goldfields 0 17 0 — Gillespie’s Beach 0 2 2i 0 3 Golden Sandst .. 0 2 10 — 3 King Soloomn ,. 0 2 4 0 2 Ivlahakipawa 0 0 14 — Mt. Lyell .. .. 0 0 1 8 5 1 2 C 0 11 8 — Waihi 1 6 0 — Bell Hooper .. .. 0 0 9 0 0 11

Buyers. Sellers. 2 s. d. £ s. d. Claude Neon Lights .. .. 1 12 6 — Invest. Exc. Trust “B” deb 87 0 0 — Snowy River .. 0 2 0

Dollars to & 4.574 4.5S" Aug. 25 .. . - 4.59J . .. .. 4.544 4.494 . .. .. 4.52* Aug. 15 ... . 4.444 4.47’ 4.49 4.46 . .. .. 4.56 4.43 July 31 .. . 4.59 4.614 4.6S4 July 20 .. . . .. .. 4.73 July 10 .. .

LONDON, Aug ;. 30. The price oz. line, line. of gold is 128s 8$d per The course of the price of gold since July last is given hereunder:— Per oz. s. d. Aug. 29 4J Aug. 28 84 Aug. 26 4 Aug. 25 2 Aug. 24 9 Aug. 22 3 Aug. 21 2 Aug. 19 0 Aug. 17 3 Aug. 15 1 .. 124 10 Aug. 14 s Aug. 3 7 Aug. 2 3 July 20 6 July 11 10 July 1 122 4’