COMMERCIAL

Poverty Bay Herald, Volume LXVI, Issue 19891, 20 March 1939, Page 8

COMMERCIAL

AUSTRALIAN EXCHANGES BARRIERS WEAKEN (Eloc. Tel. Copyright—-United Press Assn.) SYDNEY, March 17. Trading was restricted on the Sydney Stock Exchange to-day. Prices in a number of cases were easier. Barrier shares were weaker, and the gold group was quiet. Sales included: Bank of New South Wales, £29 3s; National Bank, £lO paid, £l2 17s 3d; Queensland National Bank, £4 Ms Od; Huddart Parker, £2 13s 9d; British Tobacco, £2 8s 6d; Tooths, £2 13s 9d; foohevs, £1 10s Od; G. J. Coles, £3 16s; Drug Houses of Australia, £1 2s Od; Farmers, £1 8s 9d; General Industries, 18s 9d; Mort's Bock, 14s sd; W. Adams, 15s l.\d; Felt and Textiles, £1 Us 3d; Sargents, £1 9s 3d; W. R. Carpenter, ex div„ £2 2s; Standard Cement; £1 Is 9d; Goldsbrough Mori, £1 8s 4id; Henry Jones, £2 9s 3d; Colonial Sugar, £46 10s; Electrolytic Zinc, £2 5s 10td; Mt. Morgan, 10s 7d; M't. Lye 11, £1 6s 6d; Broken Hill Proprietary, £2 His 9d; do., con., £2 ss; North Broken Hill, £2 5s 3d; Broken Hill South, £1 6s 9d; Rawang Tin, 7s; Placer Development, £3 12s Od. Morning sales included: Commonwealth bonds, 3', oer cent, 1948, £97 17s 6d; 3J per cent, 1943, £lOl 17s 0d: 3jj per cent, 1954, £lOl Is 3d; 4 per cent, 1941, £lo2' Is 3d; 1944, £lO2 18s

!)d; 1947. £lOl 17s (id; 1957, £lO3 ss: Toohey's Breweries, 30s Gd; Tooth's Breweries, 545; Broken Hill Proprietary, eon.. 455; Colonial Sugar, £46 10s; 'Drug Houses, 22s Gd. MELBOURNE, March 17. Sales on the Melbourne Stock Exchange to-day included: Herald and Weekly Times. £3 0s 3d; Mt. Morgan, 10s 6d; Mt. Lyell. £1 lis (id: Electrolytic Zinc, prof., £2 Ss 9d; Dunlop Perdriau, £1 0s lOd; Broken Hill Proprietary, £2 l(3s (id; British Tobacco. £2 8s Gd; Argus, pref., lis Gd: National Bank, £5 paid, £G 9s. PUBLIC TRUST OFFICE STATEMENT FOR FEBRUARY Estates of a value of £332,840 were reported and accepted for administration by the Public Trustee during February, 1939. The total value of the estates and funds under adminisj tration by the Public Trustee on [March 31. 1938. was £00,815,306, and the new business for the 11 months 'ended February 28,1939, was £5,692,602. Grants of administration made by ithe court in favour of the Public Trustee numbered 168 for the month. During the month 457 new wills appointing the Public Trustee executor , were prepared on behalf of testators ; and lodged for custody, and 330 existing wills were revised to provide for changes desired by testators,

EAST COAST EWES j SALK AT Alol\ EIN S VILLE * ! LMi'UnVK.M ENT IN VALUES J East Coast breeding ewes were offered at the Morrinsville stock sale on Friday, values improving somewhat ■ on recent rates. | The Farmers’ Co-operative Auctioneering Company, Limited, reports that only a small yarding of fat sheep was penned, prices remaining on a par with last week. There was a good yarding of store lambs, with competition slightly better than previous sales, ’prices showing an improvement, i In the breeding ewe section the entry comprised chiefly East Coast 'ewes, and although the condition was ' not as good as usual, owing to the sheep having walked to Taneatua, all prices showed an improvement on last week's sale. ■ A medium entry of both beef and boner cows, wilth' a good yarding ot potter bulls, came forward. The demand was keen for all classes, and prices in all .sections remained firm on late rates. I ■ Quotations: — f Fat sheep—-Fait 2-tooth ewes, 13s 9d to 14s 3d; heavy fat lambs, 17s Id to 19s 3d; lighter, 13s 9d to 14s 3d; woolly store lambs, 11s 7d; shorn lambs, 9s to 9s Gd; small lambs, 7s 9d to 8s 9d. I Store sheep—Two-tooth ewes, 19s to '2ls 2d; smaller 2-iooth ewes, 18s;

mixed age ewes, 14s 8d to lGs: 4-year ewes, His ito 17s; 5-year ewes, to 15s; 5 and G-year ewes, 10s to 13s Gd; aged ewes, 5s 3d to lis Gd. Cattle.—Medium prime Polled Angus cows, £7 7s Gd; light prime Hereford and Polled Angus cows, £5 19s to £0 4s; light fat heifers, £4 15s to £5 12s Gd; light fat cows. £4 Gs to £4 lis; heavy boners, £3 10s to £3 19s; medium, £2 8s to £3 ss: light, 35s to £2 2s; extra heavy potter bulls, £9 12s.