I Farming and Finance

Manawatu Times, Volume LIV, Issue 7314, 15 November 1933, Page 8

I Farming and Finance

STOCK AND SHARE MARKET

TUESDAY, NOVEMBER 14, 1933,

lfcported sales, this day: 34 per cent. Government stock (1939-43), per cent. Government stock (1938-52). £102; Tui Brewery, 38s 9d. .Sales late yesterday: 4 per cent, inscribed stock, 1940, £lO2 ss; Bank of New Zealand*, 48s 2d; Wellington Gas (ord.), 345; New Zealand Insurance, 555; Goldsbrough, Mort., 30s lid. * Cum. div.

HEMP AND TALLOW The Department of Agriculture has received the following cablegram, dated November 11, from the High Commissioner for New Zealand, London: — Tallow: Fair demand at auction; 943 casks oll'ered of which 32G sold. Present spot quotations are: Mutton, fine 24s lid to 255; gut, etc., 17s (id to 19s 9d; others unchanged. Hemp: Manila: Market unchanged, but slightly easier. Sellers “K” grade lor Novembcr-January shipment £l4 ss. Sisal: Market slightly steadier. No. 1 grade for January-March shipment sold at £lb 10s. New Zealand: Market quiet and nominally unchanged. No first-hand sales reported.

INDIAN LOAN ‘ ‘STAGS’ ’ ’ DISCOMFITURE. LONDON, Nov. 13. The Indian loan went to a discount and slumped to 1} per cent., thus dealing a severe blow to the “stags.' 1 AMERICAN DOLLAR LONDON, Nov. 13. Exchange on New York is 5.13 J dollars to £l. PRICE OF GOLD LONDON, Nov. 13. The price of gold is 129 s ltd per oz. line. AUCKLAND THE FIRST WOOL SALE

The first wool auction of the New Zealand selling season will bo held in Auckland on November 27. Clips arc beginning to come in to the wool stores at a steady pace. Changeable weather has interrupted shearing to some extent, but every advantage is being taken of line weather, and this week should see operations expedited. There is every prospect of the catalogue limit of 25,001) bales being reached early next week.

The wool offering so far is of a generally higher standard than last year, but, until the clips have been fully examined no fair estimate of tho quality can be given. Included in the wool already in the stores are large quantities from North Auckland, and from districts nearer to the city. Waihcko clips, which are always expected to bring high prices, are now coining in. As far as prices are concerned, there is an optimistic feeling of higher values. BRADFORD TOPS FIRM LONDON, Nov. 13. The Bradford tops market is Arm and business is reported as active.

Wellington Stock Exchange. Morning Call. Buyc rs. Sellers. s. d. ■C s. d. N.Z. Govt. Loans■1 p.c. bonds, 19-10 102 0 0 — 4 p.c. bonds, 1955 101 15 0 — JKural Advance Bond — 97 5 0 31 p.c. ins. stk., 1939-52 101 15 0 102 7 6 1938-52 — 102 5 0 -1 p.c. ins. stk., 1940 — 102 0 0 4 p.c. ins. stk., 1955 101 15 0 — Debentures — Click. City, 5J p.c., 1944 .... 101 10 0 — Dunedin City, 5i p.c., 1944 .. .. 101 15 0 — Wgtn. City, 5i p.c., 1940 .... 101 10 0 — Wgtn. Harb. Bd., 51 p.c., 1940 . • 101 10 0 — Wgtn. City, 4i p.c., 1943 .. .. 102 0 0 — Wairero B.P. Bd., (i p.c., 1901 .. — 102 10 0 Waitomo County Council, 0 p.c., 1901 — 102 10 0 Palmerston North 51 p.c., 1/0/1948 9G (i 0 — New Plymouth, 1948 .... .. 9G 0 0 — Wgtn. Gas Co. .. 101 10 0 — Wgtn. ltacg. Club 95 10 0 — Amid. Brick and Pipe (Wgtn.) . — 94 0 0 Banks —• Comm, of Aust. (ord.) 0 1G 10 0 17 2 Comm. Bnkg. Co., Sydney .. .. 17 10 0 17 12 0 Eng., Scot, and Aust.* 15 12 G — National of N.Z. — 4 0 0 Nat. of A’asia. (£5)* .. .. • • — G 14 0 New fSt.li. Wales* 33 12 0 31 2 tr New Zealand* .. O 3 0 2 S 4 New Zealand, D Long Term* .. — 1 12 0 Union of Aust. .. * 10 5 G Financial — Goldsbr'gk, Mort. and Co 1 9 9 — Nat. Mort. “B” 1 10 0 — N.Z. Guar. Oorp. (ord.), cum. rights 0 S 2 0 8 4 N.Z. Invest., Mor. and Dep 0 4 G — N.Z. Loan and Merc., ord. stk. — G2 0 0 Wgtn. Dep. and Mort 0 3 C — General Finance, Ltd — 1 0 0 Gas— Auckland .. .. ■— 1 s 3 Wgtn. (ord.) 1 13 6 1 14 G insurance — Aust. Prov. Assce. 0 11 0 0 12 2 National of N.Z.* 0 18 6 New Zealand 2 14 9 2 15 3 South British .. 3 12 0 — Meat — N.Z. Itefrig. (£1) — 1 0 9 Wgtn. Meat Export (pref.) .. 0 IS 0 — Transport— Huddart - Parker (ord.) 1 11 G — Union Steam (pref.) 1 4 G 1 5 6 Timber — Kauri* — 0 1G 0 Leyland, O’Brien* 1 0 0 — Taringamutu Totara 0 — Breweries — N.Z. Breweries .. — 1 17 9 Miscellaneous — Colonial Sugar .. GO 0 0 61 7 6 Howard Smith (ord.) .. .. •• 0 12 9 0 13 3 National Electric — 0 G 9 N.Z. Drug .. .. 3 10 3 — N.Z. Farmers' Fertiliser .... 0 16 6 — N.Z. Paper Mills i 7 6 — Prestige N.Z. Ltd. (pref.) — 1 3 0 Sharland and Co. (ord.) i 2 9 — Sharland and Co. (pref.) i 2 9 — Wilson’s Cement* i G 9 1 7 * Woolworths, N.Z. (pref.) i 14 6 1 15 2 Woolworths (Sydney), 7 p.c. (pref.) — 1 G 0 Dominion Fertiliser 0 14 9 — Milling— Alexander (fully paid) 0 13 0 — Beil Hooper .. .. 0 0 10 — Big Fiver .. .. 0 0 9-J 0 1 0 Golden Dawn 0 1 0 — Gillespie’s Beach (ex. rights) .. 0 0 JO — King Solomon* .. 0 5 4 0 J Mataki — 0 0 Alt. Lyell* .... l 3 2 1 O i Nokomai 0 2 9 — Okarito 0 10 0 0 10 Wailii Grd. Junetion — 0 4 Waitahu 0 6 1 — Bulolo* 5 4 0 —

UNOFFICIAL LIST. Buyers. Sellers. Woolwortks, Ltd. £ a. d. £ s. tl. (ord-) _ 5 10 0 Glaxo Manufae6 turing, £1 prof. — 14