COMMERCIAL

New Zealand Herald, Volume 79, Issue 24275, 16 May 1942, Page 5

COMMERCIAL

AUCKLAND EXCHANGE —" - BANK OF NEW ZEALAND EASE Limited business was doite on the Auckland Stock Exchange yesterday, with little change in the market tone. Bank ot New Zealand,s easier and sold 9d down at 37s 9d_, but recovered part of the loss later .with sales at 38s. New Zealand Insurance continued recent firmness and changed hands 6d higher at 61s, with more wanted at that figure. Government issues were firm, with few sellers. • CLOSING QUOTATIONS

Bonds — 15/10/44, 4 DEBENTURES Manunui Town Bd., 1/12/53 . . 104 10 0 106 10 0 YESTERDAY'S SALES RETURN ON INVESTMENTS In the following list of yesterday's sales yields allow for exchange and British income tax where necessary* and, in the case of loans, redemption and brokerage:— , AUCKLAND EXCHANGE Sale Price Rise or Yield £ s d Fall £ s d War Loan, 1/10/53 . 00 10 o Bank N.Z. . 117 9 -9d Sl9 6 Ditto (2) . 118 0 -6d 319 0 N.Z. Insce. .3 4 0 +od l A.C.I. 2 0 0 +<% d+3 15 0 Wilsons Cement 01" 9 +l/1% "1" 2 ,, 7 , 6 Also: Emperor, Bs. Unofficial list: Macky, Caldwell Properties, 15s. Wellington.—Sßank Australasia. £8 ss; §Emperor, 8s; §Wellingion Woollen (pref.), ,Ct\ as; War "Loan, 1/10/53, £9O 108: Bank NX',' 38s Od; South British, 54s 6d. Christchurch.— N.Z. Insurance, 03s 9d. Duncdin.—Bank N.Z., 3Ss Od; War Loan, 1/10/53, £9O 10s; 1.C.1, (pref.), 245; Bruce Woollen, 23s 3d. §Sales after hours on Thursday. 'lncludes bonus. tßased on interim dividend at rate per annum. MINING MARTHA CRUSHING RETURN (0.C.) WAIHI, Friday The following information has been cabled to the London office of the Martha Gold Mining Company (Waihi), Limited: —J or the period ended May 2, a total of 14.217 tons of ore were crushed for a result of 3/l.s ounces of gold and 22,076 ounces of silver. The crushing time was 19 days. PLACER DIVIDEND Placer Development, .Ltd. (Vancouver), announces a half-yearly dividend of 25 (ents (Canadian) a share, the first since its principal subsidiary Bulolo Gold Dredging, Ltd. suspended operations in New Guinea. For the last four years the half-yearly dividend has been 00 cents a share. NGATERE RETURN Ngatere Dredge (West Coast).—Return for half month ended May 14: 3140z; 129,049 yards; 238 hours. BANK OF ENGLAND RETURN LONDON, May 14 The Bank of England return for the week ended Wednesday is as follows: — ISSUE DEPARTMENT Liabilities. —Notes in circulation, £7BO 200,000 (last, week, £770,900,000); banking department. £50,000,000; total, £830,'J00,000. Assets. — Government debt, £11,000,000; other Government securities, £817,000,000; other securities, £2,000,000; silver coin, nil (fiduciary issue. £830,000,000); gold com and bullion. £200,000. BAN KING DEPAHTM ENT Liabilities. —Capital, £14,500,000; rest, £3 ''oo (Kit); public deposits, 412.000,000; bankers' deposits. £120,600,000; other accounts, £50,500.000; total, £•-'07,300,000. Assets. —Govt. securities, £127,800,000; advances i;7,OrtO,oOiJ; other securities, £"1 .->00(100; notes, £50,000,000; gold, ami silver coin, £1,000,000; total, £'.'(>7,300,000. Proportion ol reserve to liabilities, 20.93 (last week 'JO.'-'<>); discount rate, 2 per cent, unchanged. the" city markets Prices for most vegetables showed a marked easing at the City Markets yesterday. Cabbage cauliflower, potatoes, lettuce and pumpkin were heavily supplied and brought lower rates Beans, which were, scarce, were keenly sought. A small quantity of Captain Cook strawberries brought from 3s 8d to 4s a chip. Better supplies of . apples, pears and passionfruit came forward. Prices were:— Field Produoe. —Beet, 2s Od to 5s a case or Is to is Od a dozen; celery, cooking, .Is Od to 2s a bundle; dessert, 2s 6d to 3s !)u; carrots, lis to 7s a bag, or 18 to 2s a dozen; cauliflowers. 5s to 9s a sack; cabbages, 2s to Os Od; cucumbers, 3s 0(1 to 8s od a dozen; French beans, 3s to 4s a bag; stringier beans Ids to 10s; green peas, <>S to I/S; kurnaras, Island, (is to 7s ; Tauranga, 5s to 7s- local 8s to 12s; leeks, Is od to 2s 3d a 'bundle; lettuce. 2s to Is Od a case-, marrows. 4s to 7s Od u dozen ;v melons, citrons, <ls to Os'pc cwt.; onions, choice, 8s Od to 30s 3d a bag; southern. 12s to I Is jier cental; potatoes, southern, 13s 9d to 14s per cwt.; Ohakuno. Us to 12s (id. a bag; local, -s to 10s (id; pumpkins, choice ripe crown, to 21s per cwt.; medium and mixed, 8s to 13s a sack; parsnips, Os to 10s a bag; radish, (id to Is a dozen; rhubarb, 3s to r,s; spinach, 3s to 5s a case; spring onions, Is 3d to 2s a bundle; swedes 3s to 5s a bus; turnips. Od to Is 3d a dozen; Brussels sprouts, 4d to- 7'4d per lb. Fruit.—Apples, cookers, various, 3s Od to 4s (id a case; Brighton, Is Od; Delicious, 3s (id to 5s (id; Stunner, 3s to ss; Bitj arat, 4s- Golden Delicious, 4s Od to Os Od; Statesman 3s to ss; Home Beauty, 4s Od; pears, Winter Nelis. 10s Od to 15s: tomatoes, hothouse, is 3d to Is (id per lb; on door 15s to "is a case; others. 5s to 12s; tree tomatoes, new black, los to 15s; yellow, Os (>d to 10s; lemons, Os Od to 19s Od a three(luarter bushel case; grapes, hothouse, Gros Column, extra special 3s to 3s Oil per lb; others Is 7(1 to 'is 9(1; Chinese gooseberries 7h to" 12s od a case; Cape gooseberries 9d per lb- figs, 5s to Os a case; paasionfruit, 10s to'2os: persimmons, 4s to Os Od; strawberries, Captain Cook, 3s Sd to 4s a chip; fejois, 5s to 10s; guavns, 4s to Bsj mushrooms. 2s to 3s per lb. Poultry.—Cockerels, heavy breeds, prime, 4s Od to 8s 0(1; not prime, 56ij light, prime, •1s to ss; not prime, 2s; fat liens, heavy, 4s to ss; light, 2s fid to 3s; pvilb:ts hea\y, best Os to 7s- heavy, smaller, .is Od up, liuht best. 4s to 7s; drakes, young, prime, 4s Od to ss; young, smaller, 3s up: old. ss; ducks, young, 4s to ss; old, 3s up; geese, 8s; lurkey hens, 12s. Ekks and Butter.— Ecgs: Hen, standard grade 3s 11/ adl l / a d a dozen; duck, standard grade, 2s IIV a dozen. There was no change In the price of eggs. Farmers butter, Is 2/ a d to Is 7%d per lb.

Buyers , Sellers ■C. 8 d £ s d BANKS, INSURANCE , AGENCY Bank A'asia 8 2 6 _ 0 Com. Bk. Ans. 0 13 10 0 14 E., S. anil A. Bk. 3 2 0 — Nat; Bk. N.Z. ' 1 17 3 1 19 0 Bank N.S.W. ... 27 0 0 — Bunk New Zealand ,1 17 6 1 18 3 I'nioti Bank Ans. (5 12 0 ' — National Ins 0 18 3 — New Zealand Ins. . 3 4 0 3 4 3 South British Ins, o 14 0 o 15 0 F.A.C. (£2 paid) 1 7 0 1 12 0 Newton King (ord.) 0 12 6 0 14 6 N.A.F. (B prof.) .— 0 12 6 COAL, GAS, SHIPPING Pukemiro Coal .. 0 17 0 _ Taupiri (pref.) 1 4 0 — NVest.-Stktri. (ord.) 0 2 6 0 3 0 Ditto (pref.) .. 0 ' 7 0 — Auck. Gas (10/) 0 6 6 0 1 1 Ditto (con.) 0 2 6 0 2" 9 TIMBER. WOOLLENS, BREWERIES Kauri Timber 1 0 6 Lejland - 'O'Brien 0 16 3 National Timber . 0 8 0 — Taupo Tot. (ord.) 0 5 3 — Ditto (15/- f.p.) 0 13 6 — Bruce 1 3 0 1 8 9 Kaiapoi (17/- f.p.) 0 18 6 — 0 Dora. Brew, (ord.) 1 6 0 1 7 New Zealand Brew. 1 11 0 1 12 3 MISCELLANEOUS ■A.C.I. i 19 3 2 0 9 Berlei (N.Z.) 3 7 0 3 10 0 British Tobacco .. 1 13 0 — Broken Hill Pty.' 1 13 0 — B,vcroft .; 2 o 0 — Colonial Sugar .. 43 0 0 44 15 0 Electrolytic Zinc. . 1 19 t) 2 0 9 Farmers' Trading , 1 0 0 1 1 0 Fletcher , Hold. . 1 0 0 — ,G. ,T. Coles 2 0 0 2 8 0 ;McKenzies 1 19 0 2 0 0 M. and C. (deb.) 0 17 0 — N.Z. Fert. (C pf.) ' 1 o 0 — N.Z. Newspapers i . 1 9 6 1 11 6 N.Z. Refrig, (paid) 0 18 3 — 6 Nth. Roller (ord.) 0 19 0 1 1 Ditto .(C, pref.) 1 3 6 1 4 9 Reid Rubber 1 2 0 1 3 9 6 Sanford (ord.) 0 3 3 0 4 Tararfaki Oil Dev., 0 3 0 0 4 6 Taranaki Oil Fields 0 6 0 0 6 9 Wm. Cable (pref.) *1 2 6 18 "Wilsons Cement . . 0 17 4 0 0 ■\Voolworths (N.Z.) 0 12 8 . — 11 Ditto (Syd.) . - 0 13 S 0 13 MINING Martha .. 0 6 6 0 7 6 Emperor .. 0 7 6 0 8 14 3 'Loloma 0 14 0 0 6 Mount L.vell 1 3 0 1 4 6 Mt. Morgan (ord.) 0 7 0 0 7 9 N.Z. GOVT. LOANS War Loan, 1/10/53 90 0 0 — 0 Do., 1/8/46. 97 10 0 09 10 Stock— 15/9/46-48 99 15 0 — 15/1/5:1-57, SVa . 103 0 0 — 15/4/46-19, 4 . . 102 10 0 — 15/6/52-55, 4 . . 107 10 0 — COMMONWEALTH OF AUSTRALIA