COMMERCE AND FINANCE

Otago Daily Times, Issue 24817, 17 January 1942, Page 2

COMMERCE AND FINANCE

THE SHARE MARKET YESTERDAY’S SALES Auckland. —Sales on 'Change: War Loan. 1951-54, 3 p.c., £9B 10s (2); Franklin P. B„ 1958, 41 p.c., £lO7 15s; Mount Roskill R. B„ 1954, 4’ p.c., £106; Bank of New Zealand (D. Mort), £1 10s; South British, £2 16s 6d; Kauri Timber, £1 3s 3d; N.Z. Breweries, £1 15s (2); Macky. Logan, £1 ss; Woolworths (Syd.), 15s 9d (2); Arahura. £1 8s; Emperor 9s. Overseas list; Woolworths Holdings (South Africa). 17s. Wellington.— 3 p.c. Stock, 1951-54 (late Friday), £9B 10s; Arahura Gold ord. (late Friday), £1 8s; 3 p.c. Stock, 1951-54 (2), £9B 10s; Wellington Gas, pref.. £1 2s 6d; Kauri Timber, £1 3s; Woolworths Holdings (South Africa). 17s; Macintosh Caley Phoenix, 15s. Christchurch. —Sales on 'Change; N.Z. Breweries, £1 15s (2). Sales reported: 3i p.c. Inscribed. 1956-59 (ex interest) £IOO 10s; War Loan. 1953, £B7: N.Z. Refrigerating (£1 paid). £1; Woolworths, South Africa, 17s IJd. LOCAL QUOTATIONS

Government Loans. —3£, 1953-57, b. £lOl 10s (ex); 4. 1943-46, b. £lO2 10s; 4. 1946-49, b. £lO3 15s; 4 Stock, 194952, b. £lO5 7s 6d; 4, 1952-55, b. £lO5 10s; 3 Nat. Dev. Ln.. 1945, b. £99; War Loan. 1953, b. £B6 15s. Banking, Insurance, and Shipping.— N.Z. (£1), b. £1 18s; N.Z. (Long D; £1), s. £1 10s 9d; Commercial (10s), b. 13s, s. -14 s 6d; Natl. N.Z (£2 10s), b, £1 18s 6d; Union (£5), s. £6 15s: National (7s). b. 19s, s. £1; South British (10s), s. £2 16s 3d; P. and O. Stock (£1), s. £1 17s 6d; TJ.S.S. Co (pref.; £1). b. £1 6s 6d. Meat and Agency. —N.Z. Refrig. (10s), b. 8s 6d; South. Froz. (ord.; £1), b. £1 12s; South Otago (£5), b. £5; L. and M. (ord.; £100), s. £43: W.S. (pref.; £1), s. £1 Is. Breweries, Gas, Coal, Oil, and Wool. —N.Z. Breweries (£1), b. £1 14s 9d, s. £1 15s 3d; Chch. (cocnt.; 10s), s. 11s 6d; Westport (10s), b. £1 4s 9d; Moturoa (pref.; ss). s. ss; Bruce (ord.; £1), b. £1 3s, s. £1 5s 6d; Bruce (pref.; £1). b. £1; Kaiapoi (ord.; 17s), b. 17s 3d; Kaiapoi (pref.; 17s), b. 19s; Mosgiel (£4), b. £lO s. 18s 6d.

Miscellaneous. —A.C.l. (£1), b. £2 2s: A. Iron and S. (pref.; £1), b. £1 7s; Booth Macd. (pref.; £1), b. 4s 6d, s. 5s 6d; Broken Hill Pty. (£1), b. £1 15s; C. Begg and Co. (£1), b. £l, s. £1 2s; D.I.C. (ord.; 10s), b. 14s; D.I.C. (pref.); £1), b. £1 4s; Donaghy’s Rope (£1), s. £2 11s 6d; Donaghy’s Rope (cont.), s. £1 15s; Dunlop Rubber (£1), s. £1 2s; G. J. Coles (£1), b. £2 15s; 1.C.1. (pref.; £1), b. £1 4s; Mac Duffs (ord.; £1), s. 9s 3d; Natl. Electric (£1), b. £1 Is, s. £1 3 S 6d; N.Z. Drug Co. (£2), s. £4 Is; Malay Rub. (ord.; £1), b. 2s; Otago Dly. Times (£1), b. £1 17s; Regent Theatre (£1), s. 18s 9d; Smith and S. (pref.; £1), b. 19s; Woolworths (ord.; ss), b. 14s 3d, s. 15s; Woolworths (S. Africa: ss), b. 17s 4d, s. 16s lOd. Mining.— Brok. Hill South (ss), b. £1 3s; Mount Lyell (£1). s. £1 7s; Mount Morgan (2s 6d). b. 8s 8d; North Brok. Hill (ss), b. £1 17s 6d; Rawang Tin (10s), b. 3s; Gillespie’s Beach (Is), s. 2s 6d; Waitahu (ss), b. 4d, s. 7d. FRUIT AND VEGETABLES AUSTRALIAN LEMONS ARRIVE DROP IN TOMATO PRICES Heavier supplies of stone fruit have been* arriving from Central Otago and prices have eased. ’, Only fair supplies, however, of crate peaches have come to hand,*and most of the-ease peaches are not; ’of high quality. Apricots of the Newcastle variety attract most attention. Other kinds of apricots are a little on the hard side, and these are not so easily placed. The shipment of Australian lemons which was carried past Dunedin to Wellington has now come to hand. These sold quickly at the very high prices ruling. Tomatoes have shown a sharp drop in prices, as fairly large quantities have now reached the wholesale marts. Supplies! however, cased off a little at the week-end.

The season for strawberries, gooseberries and currants is now just about finished.

The plums coming forward arc only of moderate quality. The market could’do with larger supplies of higher grade quality plums. The season for cherries must have proved satisfactory to growers, as supplies have been fairly heavy and prices have been well maintained throughout. Raspberries have a keen demand and high prices arc being obtained. Supplies have hardly been equal to the demand.

With supplies of peas coming from all quarters, prices have shown a considerable drop. Up to the present high values have been ruling in the marts. Supplies of potatoes have been somewhat irregular during the week, the broken weather no doubt being accountable for this. The fixation of the wholesale price at 2Jd per lb and the retail figure at 3£d has resulted in a keener demand. Household gardens are now commencing to supply potatoes to their owners, and this supply should increase from now on. Lettuces are in over supply, and even the best quality are slow of sale. The market could absorb larger quantities of marrows. Cabbages are plentiful, but supplies of sound quality cauliflowers are not sufficient for the demand. Parsnips and beetroot are now commencing to reach the marts. Broad beans and carrots are more plentiful. Wholesale prices are as follows: Oranges: Unobtainable.

New Zealand-lemons, 13s to 22s per case; Australian, 28s to 47s according to count. .

Peaches: Crates, 5d to 6Jd per lb: cases, 6s to 7s; cookers, 4s to 5s per case. Apricots: Cases, 6s to 8s; trays, 6d per lb. Bananas: Unobtainable.

Tomatoes: Christchurch, choice to 10d per lb. Gooseberries, 2d to 3d per lb. Strawberries: Finished. Black currants, 4Jd to std per lb. Plums; Dessert, 5d to 6d per lb; cooking, 5s to 6s per case. Cherries: Choice black, Is 8d to Is 10d per lb; Florence, 9d to Is. Rhubarb, to 2Jd per lb. Raspberries, in tins 11s 6d to 12s 6d: buckets, to 14s. . Cucumbers: Outside-grown. 12s to ]4s per case; hothouse, 5s to 8s per dozen. , Green peas, 3d to 3Jd per lb. New potatoes, 2£d per lb. Lettuce; Choice, Is to Is 6d per dozen; others, Is per case. Carrots. 2s per dozen bunches. White turnips, Is to Is 3d per dozen bunches. Marrows, to 6d per lb. Cabbages, 4s to 5s per bag. Cauliflowers, 6s per bag. Broad beans. 2d to 2Jd per lb. Beetroot to 2s per dozen bunches. Parsnips, to 3s per dozen bunches.