Farming and Finance

Manawatu Times, Volume 60, Issue 99, 30 April 1935, Page 8

Farming and Finance

STOCK AND SHARE MARKET, MONDAY, APRIL 29, 1935. Wellington Stock Exchange. Morning Call. Buyers., Sellers. H s. d. £ s. d.

UNOFFICIAL LIST. Buyers. Sellers.

FROZEN LAME. LONDON MARKET EASIER. Prices for second quality and heavy prime frozen lamb in Lomlou are slightly lower, but other sorts are steady, according to the weekly cable received by the New Zealanu Meat Producers’ Board. Consumption is steadily improving, but heavy arrivals of Australian lamu are depressing the market. The market for wether mutton is slightly easier, with trade slow. Ewe mutton is steady, with fair trade. The beef market is quiet and unchanged. There is a steady' market for New Zealand porker pigs, which are meeting with fair trade. The market for baconcrs is steady and unchanged. The approximate average wholesale prices for the week, with those for tho previous week in parentheses, arc:—

New Zualaud sheep: Canterbury and North Island selected crossbred wethers and maiden ewes, 4S/SG, 4Jd per lb. (1 3-8 d), 57/04 5 5-Sd (3 5-Sd), 05/72 old (old) ; North Island,'4B/5(5 4 1-Sd (4}d), 57/04 3Jd (3 5-Sd), 05/72 3 3-Sd (old); ewes, 43/undcr 3 5-Sd (3 5-Sd), 48/64 2 7-Sd (2 7-Sd), 05/72 (25-8 d). Now Zealand lambs, Canterbury, 50/undcr Old (Old), 37/42 osd (Old), 43/50 0 5-Sd (0 5-Sd); second quality', average 32, 5 7-Sd (0d); other South Island brands, 3G/under Old (GJd), 37/42 Old (Old), 43/50 Old (0 u-Sd); including Downs, selected North Island brands, 3G/under Old (Old), 37/42 6ltd (Gld), 43/50 Old (Old), 43/50 GJd (G 5-Sd); second quality, average 32, 0 1-Sd (6 1-Sd); other North Island brands, first quality, 3G/under GJd (GJd), 37/42 GJd (GJd); second qualify, average 32. sld (Gd). Australian lambs, Victorian, first quality, 3G/undcr 5 3-Sd (51d), ..>7/42 5 3-8 d (54d). Argentine lambs, 36/under 5vJ

(5-Jd)J 07/42, 5 o-Sd (old). New Zealand beef, ox fores 2 5-Sd (2 5-Sd), hinds 3)d (3Jd). Argentine chilled beef, ox fores 3 3-Sd (3d), hinds 5 5-Sd (5 I-Sd). Australian frozen beef, ox crops, over 100, did (3id); hinds, over 160, 3 5-Sd (3 5-Sd). New Zealand prime porker pigs, GO/S0 Gd (Gd), S.l/100 54 d (old), 101/120 5 3-Sd (5 3-Sd), 120/IGO 5 5-Sd (5 5-Sd). Equivalent Prices. In regard to the published prices realised for New Zealand lamb delivered to Smithfield market, the Meat Board supplies the following ligures, giving the equivalent New Zealand parity, after deducting all costs, including selling commission:—lf price delivered to Smith field is Gld per lb., the Now Zealand “overall” parity delivered at works is approximately G.Gld per lb.; G 3-Sd is equivalent to G.49J; Gjd to G.34d.

PRICE OP GOLD STILL RISINGLONDON, April 27. Price of fine gold per ounce, Ills 4d.

CHRISTCHURCH STOCK EXCHANGE. Per Press Association. CHRISTCHURCH, Last Night. Sales on ’Change of unlisted stocks Upper Watut (2s paid), 5s -Id. Sales reported of unlisted stocks

Wool worths, (Sydney (ord.), SSs fid. (Sales on ’Change of listed stocks: Comm, ilank of Aust., 15s 9d; Bank of New Zealand (cum. div.), s“is 3d; Reserve Bank, £G 13s (2), £6 13s 3d; New Zealand Breweries, 54s Gd, 54s 9d.(3), 54s lOd; Dunlop-Perdriau Rubber, 17s 2d (2); Electrolytic Zinc (pref.), 33s 9d; (Sun Newspapers, ss; King Solomon, 4s 3d, 4s 3Jd; Mahakipawa, 8d; Maori Gully, Is Gd, Is 7d (3); Mount Lyell, 20s Od (2); Skippers, 3d (2). Sales reported of listed stocks: New Zealand Breweries, 54s Gd; Tooth’s Brewery, 50s !)d; Broken ill Propric tarj', 57s 9d; Muercwhcnua, 3d.

STERLING AND DOLLAR. LONDON, April 27. Sterling exchange, London on Now York, 4.513. dollars. The quotations for April and on the first of each prior month were as follows: —

N.Z. Govt. Loans4 p.c. Bonds, 15/1/1937-40 .. 104 0 0 105 0 0 5 p.c. liural Bonds, 15/9/47 103 5 0 — 31 p.c. Ins. 8tk., 15/5/1939-49-50 10G 15 0 — 34 p.c. Ins. Stk., 15/5/193S-49-52 100 15 0 — 4 p.c. Ins. Stk., 15/1/1937-40 .. 104 0 0 105 0 0 4 p.c. Ins. Stk., 15/2/1943-4(5 . . 100 12 G — 3-i p.c. Ins. Stk., 15/11/193S-41 . 103 0 0 — Local Bodies Debentures — Betone - Lower Hutt, 1/10/1955 109 15 0 .— Other Debentures— Amalgintd. Brick (Auckland) 99 15 0 — Amalgintd. Brick (Wellington) . 99 5 0 101 0 0 Banks — Comm, of Aust. (prof.) 9 10 0 9 17 () Comm. Bnkg. Co., Sydney .. .. 15 15 0 — Nat. of A ’asia. (£5)* — 6 5 0 New Stli. Wales* 30 0 0 — New Zealand* .. o 10 0 2 11 8 Iieserve Bank of N.Z G 11 0 — Union of Aust. . 8 10 0 8 12 G Financial— Goldsbr'gh, Mori. and Co 1 9 9 — N.Z. Guar. Corp. 0 5 3 — N.Z. Loan and

Merc., ord. stk. 37 0 0 41 0 0 Wgtn. Invest., T. and A — 0 10 0 Gas— Wgtn. (ord.) ' 2 3 0 2 4 •J Insurance— New Zealand 3 .10 G u 11 G Transport— Huddart - Parker (ord.) 1 17 6 1 IS ;; Coal— Taupiri — 0 IS 0 Westport 1 .1 0 — Breweries — N.Z. Breweries .. 2 13 0 2 14 0 Miscellaneous— British Tobacco (Aust.) .. .. 1 17 <) — Broken Hill Ptv.* o 11 0 — Colonial Sugar .. — 43 0 0 Dunlop - Pordriau 0 17 3 0 17 r, Electrolytic Zinc (ord.) 1 O !) — Howard Smith (ord.) 0 14 0 — Mount Lyell 1 0 0 1 0 . G N.Z. Drug .... — 4 0 !) N.Z. Farm. FcrtiUser 0 IS 0 .— Milburn Lime . . 2 2 0 — Manawatu Knitting Drills — 1 17 0 Mining—

Big River .... — 0 2 Brian Born .... 0 0 2 — King Solomon .. 0 " 11 — Okarito — 0 0 Skippers 0 0 Ci — Maori Golly .. 0 1. :u — Mt. Morgan .. 1 10 0 — * Cum. div. First call, this day: Ko sales.

£ »S. d. £ S. d. Woolworths, Lid. 4 9 (i — Metters (N.Z.), Ltd 0 5 9 0 9 (j Frozen Products 0 9 O — Vacuum Products (5s paid) .. .. — 0 6 Dcnhard (prof.) — 1 .1 0 Napier Breweries — 1 1 U

April 2(5 Per 144 oz. d. 9 k April 25 1-11 5 April 24 143 81 April 23 143 6 April 20 143 7 April 17 143 4 . April .1(5 . 143 4 April 15 , 143 11 April 13 . 144 Ol April 12 144 1 April 11 . • • » .. • • 143 Hi April 10 143 . Ill 0 April 0 u n April 8 . 144 April 6 . 144 i 101 April 5 . 143 April 4 . 144 ■> April 3 . 145 April 2 . 144 1 April 1 . 145 SJ March 2!) . 143 S March 6 (record) . . 149 March 1 . 145 1 February ' 1 . 142 4 January 1 . 140 101 April 27 1934.11

April 2'0 Dollars to £1. ,. .. 4.81 f April 25 April 24 April 25 .. .. 4.84 April 18 April 17 April 10 .. .. 4.30 April 15 .. .. 4.842 April 15 .. .. 4.S3? April 12 .. .. 4.84i April 11 .. .. 4.83; April 10 .... 4.852 April 9 .... 4.83 April 8 .... 4.822 April 0 .... 4.S4| April 5 .. .. 4,84 1-3 April 4 .... 4.S34 April 3 .... 4.80 April 2 .... 4.S2J April 1 • • . ♦ .... 4.70} March 1 February 1 .. .... 4.87 1-10 January 1 .. .. .... 4.04 3-10