Farming amid Finance

Manawatu Times, Volume 59, Issue 221, 21 September 1934, Page 8

Farming amid Finance

STOCK AND SHARE MARKET,

THURSDAY, SEPTEMBER 20, 1934.

Wellington Stock Exchange. Morning Call, Buyers. Sellers a s. d. £ s. d,

LONDON WOOL SALES.

United Press Associaiion. —By Electric Telegraph—Copyright. LONDON, Sept. 19. Total catalogues offered at the London wool sales to-day were 10,551 bales, including 3645 bales New Zealand, and 8732 bales were sold. Homo and Continental competition was good, and the opening rates were maintained. New Zealand greasy crossbred “JMP" sold at 81«3: highest “and S 1-Sd average. Slipc, halfbred lambs, “Eclipse" over T II A, made 12}d highest and 11 3-Sd average.

MELBOURNE WOOL MARKET.

FINE WOOLS IN DEMAND

MELBOURNE, Sept. 20. The offerings at the wool sales were 0550 bales. There was a good demand for wools showing good style, both for merinos and comebacks, but inferior sorts, more especially burry and faulty skirtings, were difficult to sell. Top prices realised were super fleet*® wool 14Jd per lb., comeback 14_U1. DOLLAR AND STERLING. LONDON, Sept. 19. Sterling exchange, London on New York, 5.004 dollars.

The original par value of the United States dollar with sterling is 4.8 G 2-3 dollars, but since February 1, 1934, when the dollar was devalued, par valuo is 8.23 31-32. PRICE OF SILVER. (British Oilicial Wireless.) RUGBY, Sept. 19. Brice of silver, spot 21Jd per cz.; forward, 21 13-lGd per oz. * PRICE OP GOLD DEARER. - LONDON, Sept. 19. The price of gold is 140 s Sd per fine ounce.

CHRISTCHURCH SALES. Per Press Association. CHRISTCHURCH, Last Night. Sales on- Change: New Zealand Government, 4 per cent, inscribed, 1940, £IOB ss; New Zealand Government, 4 per cent, inscribed, 1940, £IOB 10s; New Zealand Government, 4 per cent, inscribed, 1955, £112; Comm. Bank ol' Aust., 17s. 2d (5), ,17s 3d; Comm. Bank of Sydney, £l7 15s; Reserve Bank of New Zealand, £G 9s; New Zealand Guarantee Corporation (cum. div.), 5s 4d (2); New Zealand Refrigerating (10s paid), 9s sd; New Zealand Breweries, 47s 2d; Tooth’s Brewery, 40s Gd; 100, Timaru Brewery (7s Gd paid), 7s 4d; British Tobacco (cum. div.), 3Ss Gd; Burns, I’hilp, 54s Gd (2); Electrolytic Zinc (ord.), 27s 7d (2); Kauri Timber. 19s Gd (2), 19s 7d; New Zealand Newspapers, 32s Gd; Sun Newspapers, 3s lid; Bendigo

gr.ur, 24d; Big River, Is 7d; Brian Born, Is 4d; Glenroy, ,1s 21d; Maliakipawa, 10d; Mount Lycll, 20s; Nevis Diesel Electric, 5Jd; Nokomni, 4s Id (4); Skippers, 7HI (2); Waihi Grand Junction, 4s 3d.

Sales reported: Skippers, 7)d; Xokomai. -Is 2d; Electrolytic Zinc (ord.), 27s 7d; Titnaru Brewery (7s Gd paid), 7s ad (2); New Zealand Breweries, 47s 3d (2), 475; National Insurance, 20s 4d; Dalgety and Co., £9 4s Gd; Skippers, 7ld; New Zealand Newspapers, 32s 9d. Unlisted stocks on ’Change: Woolworths, Sydney (ord.). 70s Gd, 765, 75s Gd. Reported: Wool worths, Sydney (ord.), 775. JOHNSONVTLLE STOCK PRICES. Wright, Stephenson and Company, Ltd., and Abraham and Williams, Ltd., report on the Johnsonville sale held on Wednesday as follow:—Wo submitted a full yarding of all classes of stock. In the* cattle yarding were several prime show bullocks which elicited keen competition. Prime quality cattle sold on a par with last week’s rates, whilst plainer and lighter bullocks wore slightly easier. Cows and heifers showed no alteration,in prices. Wethers met with a fair sale at late rates whilst ewes were in good demand at prices showing a decline of from Is to Is Gd per head. Spring lambs which were yarded in small numbers were keenly sought after.

We quote:—Prime extra heavy show bullocks, £l2 12s, £l2 10s, £l3 3s Gd; prime extra heavy bullocks, £lO 11s, £lO His, £lO, £9 10s, £9 10s. £9 7s Gd; prime heavy bullocks, £8 15s, £8 12s, £8 ss, £S. £7 16s; heavy bullocks, £7 7s 6d, £0 17s; extra prime heavy cows and heifers, £8 10s, £8 4s, £B, £7 15s. £< 10s, £G 17s, £6 13s; prime heavy cows and heifers, £G Is, £5 12s Gd, £5 2s Gd, £4 14s Gd; vealers, £1 10s, £1 9s, £1 2s, £l, 12s 6d; prime heavy wethers, 30s 3d, 30s Id; heavy wethers, 28s Gd, 28s 2d; medium wethers. 25s 3d: prime heavy ewes, 2Ss Gd. 2Ss Id. 27s od, 27s Gd; heavy ewes, 27s 3d, 2Gs lOd. 20s 9d; medium ewes, 25s 10d; 24s Gd, 24s Id;

hoggets, 2ls 3d, 21s 3d, 20s 6d; heavy spring lambs, 30s Id, 2<s 3d, 255, 24s 3d; spring lambs, 235, 22s Gd, 21s id, 19s 90, 17s Gd, 10s 3d.

N.Z. Govt. Loans4 p.c. bond s, lo/i/mo .. .. 10S 0 0 — 4 p.c. bonds, 16/2/100) .... I0S 0 0 — 4 p.c. b o n ds, 16/4/1010 .... 110 0 0 — 4 p.c. bond s, 16/6/1065 .. .. 11.1 5 0 — 5 p.fl. Kural bonds, i5/9/1947 .. .. 102 0 0 — 3) p.c. ins. stk., 15/5/1060-15 .. 108 5 0 — 3} p.c. ins. stk., 15/5/1939-52 .. 109 10 0 — o-l p.c. ins. stk., 15/8/1938-43 .. 108 5 0 — 3a p.c. ins. stk., .lo/51938-52 .. 109 .15 0 — 4 p.c. ins. stk., 16/1/1010 ... .. 108 2 0 — 4 p.c. ins. stk, 16/2/1046 .. .. 108 0 0 — 4 p.c. ins. stk., lb/4/1949 .. .. 110 10 0 — 4 p.c. ins. stk., le/0/1955 .. .. 111 10 0 112 10 0 Local Bodies DebenturesHauraki Plains, 51 p.c., 1944 .. — 102 0 0 Wgtn. City, 4-J: p.c., 1944 .. .. 105 15 0 — Otner Debentures— Wgtn. Gas Go. .. 104 15 0 — Banks— Australasia* .... 11 12 0 — Comm, oil Aust. (ord.) 0 17 0 0 17 4 Comm. Bnkg. Co., (Sydney .. .. — 18 1 0 Eng., Scot, and Aust — 3 10 0 Nat. of A’asia. (£5) — 0 12 U New Zealand o 7 10 2 8 (i New Zealand, D Long Term 1 14 0 i .14 9 Kcsorvo Bank or N.Z (1 9 0 0 9 3 Union of Aust. .. 9 13 0 9 14 0 Financial— Equit. Bldg. Co. 8 10 0 — Guidsbr’gh, Mori. and Co — 1 1.0 1 N.Z. Guar. Corp.'"' 0 5 4 0 5 0 Wgtn. Dcp. and Mort 0 4 0 — Gas— Christchurch 1 13 0 — Christchurch, con. 0 15 0 — Gisborne — 0 12 0 Wgtn. (ord.) 1 19 0 2 0 0 Insurance— National of N.Z. 1 0 1 — New Zealand 3 0 o — South British -4 7 9 — Meat— Gear Meat .. .. 1 (■■ 0 i S 0 N.Z. lief rig. (£1) 0 19 0 — N.Z. Kef rig. (10s) 0 9 2 0 9 3 Southland .. .. • 3 15 0 Woollen— Kaiapoi (cent.) . 0 3 7 0 4 1 Wgtn. (ord.) — 5 10 0 Coal— Kaitangala .. .. 1 0 0 — Westport 0 19 0 — Timber— Kauri 0 19 .10 — Leyland, O’Brien — i 3 3 Taupo T o t a r a (ord.) — 0 u 10 Breweries— Carlton .. .. .. 2 0 9 — N.Z. Breweries .. 2 7 0 2 7 0 Tooth and Co. .. 2 0 0 — Miscellaneous — British Tobacco (Aust.)* .. .. i IS 0 i IS 11 Consold’td Brick and Pipe ... .. 0 9 9 — Dental and Modical Supply 0 7 0 — Dominion I’ertiliser — i 0 9 Dominion Investmeats l ii 0 — Electro. Zinc (8 p.e. part prof.) 4 15 3 ,i To 9 N.Z. Farm. Pert. — i 0 9 N.Z. Paper Mills .1 12 0 — Prestige, New Zd. (pref.) — i 3 0 Sharland and Co. (ord.) 1 3 0 — Sharland and Co. (pref.) 1 5 0 — Wilson’s (N.Z.) Cement .. .. 1 10 0 — Woohvorths, N.Z. ford.) .. .. .. — 7 17 0 Manawntu Knitting Mills 1 5 0 — Mining— Alexander (paid) — 0 19 0 Bell-Hooper .. .. — 0 0 0 Bell-Kilgour .... 0 0 2 0 0 4 Big liiver .. .. 0 I 7 0 .1 8 Brian Boru .... — 0 1 *1 Mount Lvcll •— 1 O' 2 Nokomai 0 4 0 0 4 3 Okarito 0 S 0 — Skippers 0 0 7 — Talisman Dubbo 0 10 0 0 13 0 Waitahu 0 4 0 — Goldfields Drcdging .. .... .. 0 0 It — Mossy Greek - .. 0 .1 0 — Mt. Morgan — 1 14 G * Cum. div. First call this day: Wcolworths, Ltd. (ord.), 77s. UNOFFICIAL LIST. D ivers. Selie rs. £ £3. d. V s. d. Woohvorths, Ltd. (ord.) 3 10 0 3 IS 0 Woohvorths, W.A., Ltd — 4 10 0 M e 11 e r s, N.Z. Ltd 0 5 0 • Kemball’s Thtrc. Debentures — 9S 0 0 National Tobacco 3 4 9 — Kilbirnie Theatre — 0 15 0 Perpetual Forests — 2 10 0 Fluenzol, Limited (ord.) 1 0 0 — Fluenzol, Limited (pref.) 1 0 0 ■— Vacuum Products — 0 0 0

Sept. 18 Dollars to £1. . 5.0011-10 Sept. 17 5.00 13-10 Sept. 15 5.00 15-10 Scot. 11 ,. 5.00 13-10 Sept. 12 5.01 Sept. 11 .. 5.00i Sept. 10 .. 4.9911-10 Sept. 8 .. 4.99J Sept. 7 4.99 15-10 Sept, (i ,5.00 7-10 Sept. 5 .. 5.025 Sept. 4 .. 5.015 Sept, o Sept. 1 4,99 Aug. 51 .. 5.00 Aug. 1 .. 5.03 7-10 July 2 ...... •June 1 ...... May 1 April 5 March 1 I’cbr'r. 2 .. .. .. 4.95 Jau 'ry 2 ...... Nov. 10 (low ree.) .. 5.53

Sept. IS .. Per. s. 140 oz. d. 0 Sept. 17 140 5-i Sept. 35 110 5 Sept. 34 .. 140 . 01 Sept. 12 110 51 Sept. 11 .. 110 3} Sept. 10 140 13* Sept. S 140 9 Sept. 7 140 91 Sept, 0 140 S Sept. 5 140 0J Sept. 4 140 101 Sept, 3 (record) 141 7 Sept. 3. .. 141 5 Aug. 31 140 33-1 Aug. 30 139 5 Aug. 29 .. 130 41 Aug. 1 .. 133 1 duly 2 137 7* June 3. 3 37 31 M ay 1 .. 135 13* .February 5 record) . (former 110 0 February 3 135 (J January 2 127 0