COMMERCIAL

New Zealand Herald, Volume 81, Issue 24878, 27 April 1944, Page 2

COMMERCIAL

AUCKLAND^EXCHANGE GOLD SHARES IN DEMAND The strong position held by gold in the international currency agreement was reflected in yesterday's trading on the Auckland Stock Exchange. The 5s shares of the Martha Gold Mining Company, which had shown an easing tendency during the last lew months, changed hands at the iirst call Id up at 8s 7d, and were transferred at 9s at the last call. Over a thousand shares were placed during the day. A slight rise was also shown in Emperor Mines (Fiji). The market generally was very linn, the banking and insurance sections having a larger share of the business than usual. Traders' finance showed a gain of 4s 9d since last August, the dividend rate having been increased in the meantime. Goldsbrough Mort confirmed recent improvement with a sale at 30s 6d. the highest realisation for some time. CLOSING QUOTATIONS Buyers Sellers £sd £ s d Bank Australasia .9 7 0 98 « Coin. Bk. of Aust. 018 7 018 1 I Nat. Bk. of N.Z. Bank N.S.W. 87 0 0 Bank N.Z. . • 2 4 0 *-* 4 ;* Union Bk. of Aust. 8 0 0 810 0 National Insurance l -4 9 ] ;; ;> New Zealand Insce. 4 8 9 4 J 3 Sth. British Insce. 3 .16 9 3 0 F.C.A. (B I'uin. pf.) 1 i 0 1 " Goldsbrough Mort • 1 lo 0 Loan and Merc. GO 0 0 N.A.F. (.A prof.) 110 12 0 Trad. Fin. (.con.) U < 0 0 i b United Bidg. (Ak.) 1 3 9 ~~ Renown (ord.) . . 0 0 <> 010 0 Wstpt.-Sttn. (.ord.) 0 3 0 0 3 3 Auckland Gas . . 0 7 0 0 < t Ditto (con.) . . 0 3 0 0 3 3 Devonport Ferry.. 1 10 6 Northern Steam .. 0 10 • 0 10 10 Ditto (con.) . . 0 3 1 0 3 3 Ley land O'Brien 1 3 6 1 .> 0 National 0 7 o 0 J 0 Parker Lamb 0 3b 0 4 3 Taupo Totara (ord.) 0 0 3 010 0 Bruce (ord.) . ■ 1 10 0 Kaiapoi (17/- f.p.) 1 o 6 Timaru ■ • 10 0 110 Ballins Brew. . ■ 0 10 0 Dom. Brew, (ord.) 2 4 9 2 o 9 limes Brew, (ord.) 1 11 0 New Zealand • 2 1 0 22 0 Aust. Con. Indust 2 17 O 2 18 b British Tobacco 2 10 0 Broken Hill Pry. 2 4 9 2 b 0 Bycroft 2 13 9 Colonial Sugar . . 59 «> 0 59 lo 0 Con. Brick Pipe oin 7 0 0 9 Elec. Zinc (c. p.pf.) 2 17 6 2 19 0 Farmers' Trading 1 <> 9 i < Fletcher Hldsr. (c. pf.) 17 6 1 10 0 G. J. Coles . . 3 7 3 3 8 0 Hume Pipe (Aust.) 019 0 1 0 0 K.D.V. Boxes 0 12 3 Maeduffs (ord.) . . 015 3 McKenzies . . 217 0 2 9 0 Metiers • 0 I'' 6 0 19 0 M. &C. (deb. stk.) 150 1 S S M.K. Manuf's. 0 6 9 0 / 3 National Electrical 113 6 110 0 Auckland Laundry ois 0 019 3 N.Z. Fmrs' Fert. 14 6 1 o 3 Forest Prod, (ord.) 0/0 0 < 9 Ditto (pref.) 0 10 6 0 1-0 Peters Ice (N.Z.) 1 •> '» Reid Rubber Mills IJI 6 112 3 Selfridges (A'sia) Wilsons Cement . . 10 0 Woolworths (N.Z.) 018 0 01 ■» 1 Ditto (Prop.) ■ • 19 0 111 0 Ditto (.Sydney) 0 19 9 0 19 11 W. R. Carpenter 2 10 2^o Martha 0 S 9 0 9 3 Waihi Invests. 0 5 4 0 o 6 War Loan. 1/10/53 95 5 0 9o 12 6 St l'/s751-51. 3 . 99 10 0 99 15 0 15/5/53-56, 3 . ■ 100 5 0 100 1 0 0 Auck. Harb. Bd„ 9/7/56 . . 109 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 nf loans, redemption and brokerage;— AUCKLAND EXCHANGE Sale Price Rise or Yield £ s d Fall £ s d War Loan, 1/8/51-54,3 99 15 O +los 3 12 Stk.. 15:b'5255, 4 107 2 6 +l2B 6d 3 2 6 Ak. Harb. Bd„ o „ 9/7/56, 4109 15 0 Bank A'sia . 9 8 0 t 211 2 Com. Bank . 018 8 +ld 311 5 Union Bank . 8 5 0 +ls 3 2 8 Nat. Insce. . 1 5 3 South British 317 0 f- 11 11 Dom. Invest. 14 0 T~_. i H £ Traders' Fin. 017 3 +4s 9d 311 0 Golds. - Mort 110 6 +2s 318 8 Kauri . . 110 0 Broken Hill . 2 4 9 +6d 2 4 8 Col. Sugar .. 59 10 0 -2s6d 2 1(2 Dunlop .. 150 -IS 4 0 0 Reid Rubber. 111 9 Martha 0 8 7 +ld .11 19 8 Ditto 0 9 0 +6d 11 8 6 Also.—Taupiri (odd lot), 27s 3d; Consolidated Brick, 10s 8d; Hadfield Steel. 13s; Emperor Mines, 13s 3d. Wellington.—2nd Liberty Loan, 10/o/0356, 3. £ 100 ss; SA.C.I., 57s 6d; Colonial Sugar, £59 10s; Maeduffs (pref.), 26s 3d. Unofficial list: Whakatane Paper (pref.), 255. Christehurch. —Ist Liberty Loan, 15/9/5255, 3, £99 15s; Bank N.Z., 44s 2d, 44s 3d; Commercial Bank, 18s 7d, 18s 8d; §Goldsbrough Mort. 30s 6d; Guarantee Corporation, 4s 5d (2); §Manawatu Knitting, 42s 6(1; A.C.1.. 57s od; Westport-Stockton. 3s 4d (2); Broken Hill Pty.. 45s (2); Colonial Sugar, £59 10$; Maeduffs. 16s; ditto (pref.), 25s 9d: Unofficial list: Selfridges (N.Z.). 12s. Dunedin. —Stock, 15/4/49-52, 4, £106; Guarantee Corporation, 4s sd; Broken Hill Pty., 455; D.1.C., 2ls; Dental and Medical, 245; Maeduffs (pref.), 25s 9d. +Based on interim dividend at rate per annum. sale cum dividend. §Sales after hours on Monday. WESTFIELD SALES FIRM VALUES FOR BEEF The entry of beef was slightly below average at the Westfield fat stock sales yesterday. The demand was steady and values were firm for all classes. There was an average yarding of sheep and the rates ruling last week were well maintained. The calves, of which there was a small yarding, were below the usual standard of quality. Values firmed on last week's quotations. In the pig section there was a smaller entry of both pork and bacon. While bacon prices were firm, pork eased in value. Alfred Buckland and Sons, Dalgety and Company and the New Zealand Loan and Mercantile Agency report:— Beef.—Beef was penned in slightly less than average numbers. There was a steady demand, values for all classes being firm at late quotations. Extra choice ox, to £1 18s per 1001b.; choice and prime, £1 15s to £1 17s; ordinary ox, £1 12s to £1 14s; extra prime young cow and heifer, £1 lis to £1 13s; choice and prime,' £1 8s to £1 10s; ordinary cow beef, £1 5s to' £1 7s; extra heavy prime steers, £l4 12s Od to £ls; heavy, £l3 10s to £l4 10s; medium, £l2 7s Od to £l3 7s (id; light, £ll to £l2 ss; small, and unfinished, £9 to £lO 1.55; extra heavy prime cow and heifer, £lO oe io £lO 17s 6(1; heavy, £8 15s to £10; medium, £7 10s to £8 108; light, £6 to £7 7s Od; small unfinished, £3 to £5 7s Od. Sheep.—Sheep were penned in average numbers. There was ready competition and iast week's rates were well maintained. Extra heavy prime wethers, £1 1.5s to £1 16s 3d; heavy, £1 13s to £1 lis 9d; medium, £1 lis to £1 12s 9d; light and |>rime, £1 8s to £1 10s 9d; plain and unfinished, £1 4s to £1 7s fid; extra heavy prime .young and maiden ewes, £1 4s to £1 6s 6d; heavy prime ewes, £1 Is to £1 3s 3d; lighter, 19s 3d to £1 Os 9d; light,, 16s to 19s; plain and aged, 13s to 15s 9d; other ewes, 6s to 12s 6d. Lambs.—Less than tho average numbers of lambs were penned and sold readily at late ((quotations. Heavy prime lambs, £1 8s to CI 9s 6d; medium, £1 6s 3d to £1 7s 9d; lighter, £1 Is to £1 6s; light, £1 Is Od io CI 3s Od; small, 18s to £1 Is; unfinished lambs, best, 13s to 17s Od; others, 7s Od to 12« od. Calves.—There was a small yarding of calves. The quality was not up to tho usual standard. Bidding was keen for all classes and values firmed on last week's quotations. Runners. £5 to £8 15s; heavy vealers, £5 to CO sfl; medium, £4 to £1 15«; light, £2 10s to £.3 10s; small, £1 to £2 ss; unfinished and bucket fed, 10s to £1 10s; bobby and rough calves, 6s to IBs. Pigs.—tA smaller entry of both pork and bacon came forward. Bacon prices were firm, tint pork eased in value. Choppers, £3 to £4 13s ; heavy prime baconers, £4 lis to £4 18s medium, £1 Is to £4 6s; light, £3 12s to 1-3 17s; rio heavy porkers were yarded; medium, €2 10s to £2 10s; light, £2 2s to t'2 : stores, £1 Os to £1 10s: slips, 15s to £ 1 3s; weaners, 10s to 12s. MINING YIELDS Rimu (West Coast).—Period from March 7 to April 13, 4270z, 83,274 yards. 312 hours. AUCKLAND WOOL The final appraisal of the current Auckland wool season will commence this morning at the Parneli stores. Approximately 17,000 bales will be dealt with, go far this season 90.117 bales have been appraised and it seems likely that last season's record clip of J06,763 bales will be exceeded. AUSTRALIAN EGGS The chairman of the Australian Production Executive, Mr, Dedman. said nf Canberra last week that the executive had set, a goal of 105.000.000 dozen eggs for 1914-15. This represented an increase of 5,000,000 dozen on this season's goal, which was lively lo be 14,000,000 dozen eggs fewer than had been honed for. There were heavy demands by the Services for eggs in the shell and powdered. Even with the increase in production, it would be necessary to make an allocation of the eggs because the estimated requirements next year j exceeded likely production. j