COMMERCIAL

Southland Times, Issue 22159, 30 October 1933, Page 2

COMMERCIAL

STOCK EXCHANGE. SATURDAY’S QUOTATIONS. At Saturday’s call-over on the Invercargill Stock Exchange the following prices were quoted:— Banks. Commercial: s 17/2. E.S. and A. Bank: s £5 17/6. National of New Zealand: b 82/-, s 84/-. New South Wales: b £33 10/-, s £34 10/-. New Zealand: b 46/3, s 47/-. Breweries. Staples’ Brewery: s 28/6. Coal. Westport Coal: b 13/6, s 14/-. Insurance. National: b 18/3. New Zealand: b 54/-. South British: s 71/-. Standard: s 61/6. Loan and Agency. National Mortgage: b 53/-. N.Z. Loan and Mercantile: s £65. Wright, Stephenson and Co.— (pref.): b 14/9. . Meat Companies. N.Z. Refrigerating—(2o/- paid) b: 19/6; (10/- paid): b 9/3. Southland Forzen Meat—(£l ord.): b 54/3; (10/- ord.): b 28/-; (£1 pref.): b 54/3. South Otago Freezing Co: b 97/-. Mining. Gillespie’s Beach: b 2/1, s 2/3. Waitahu: b 6/4, s 6/7. Kildare: s 2/4. King Solomon: b 3/1, s 3/3J. Okarito: b 10/-, s 10/4. Paddy’s Point: b 5/1, s 5/4. Waihi Gold Mining: b 25/9. Bell Kilgour: b 1/5, s 1/7. Bell Hooper: s 1/oj. Upper Shotover: b 1/SJ, s 1/6J. Nokomai: s 3/1. Freshford: b 4d, s 6d. Shipping. Union Steam Ship Company (pref.): b 24/-, s 25/3. Woollen Mills. Bruce (ord.): b 10/-. Mosgiel: b £9 5/-. Miscellaneous. Colonial Sugar: b £59 5/-. D.l.C.—(pref.): b 22/-. Dominion Fertilizers: b 14/-, s 14/9. New Zealand Drug: s 71/-. N.Z. Farmers’ Fertilizers: s 16/-. N.Z. Guarantee Corporation: b 8/-. New Zealand Paper Mills: s 28/6. Otago Daily Times: b 45/3. Debentures. Government Stock, 3 J per cent., 1938: 43: b £lOO 5/-. Government Stock, 3J per cent, 193943: b £lOO 5/-. Government Stock, 4 per cent, 1940: b £lOl 10/-. Government Bonds,’ 4 per cent, 1940: b £lOl 10/-. Government Stock, 4 per cent, 1946: b £lOl 5/-. Government Bonds, 4 per cent, 1946: b £lOl 5/-. Government Stock, 4 per cent, 1949: b £lOO 5/-. Government Bonds, 4 per cent, 1949: b £lOO 5/-. Government Stock, 4 per cent, 1955: b £lOl. Government Bonds, 4 per cent, 1955: b £lOl.

BURNS & COMPANY. OTOCK AND SHARE BROKERS. U Alexandra Buildings. Corner Dee and Don Streets. Telegrams: “Sharestock,” Invercargill. P.O. BOX: 109.

A. H. MACKRELL. STOCK AND SHARE BROKER. Member Invercargill Stock Exchange, Federal Buildings, Dee Street, Invercargill. NORTHERN EXCHANGES. (Per United Press Association.) Auckland, October 29. Sales on ’Change: Bank of New South Wales £33 15/-; Union Bank £lO 6/-; A. P. and A. Assurance 11/7; South British Insurance 71/9; N.Z. Breweries 36/-; Mataku 1/10J; Waihi 26/1; Waitemata County 61, 5J per cent. £lOO. Christchurch, October 28. Sales on ’Change: Commercial Bank of Sydney £l7 17/- (2); Goldsbrough Mort 29/9 (3); N.Z. Guarantee Corporation 8/3; Staples’ Brewery 28/- (2); Dunlop Rubber 18/10; Electrolytic Zinc (ord.) 25/4; Nokomai 2/9; Waihi (cum. div.) 26/3 (2). Sales reported: National Bank of New Zealand £4 4/-; Donaghy’s Rope and Twine 45/-. WAIKAKA STOCK SALE. There was a very small entry at the monthly Waikaka stock sale on Friday, the yarding being comprised entirely of store cattle. Prices for dairy cattle showed a decline and other sorts were passed in. Sales were: J. E. Watson and Co. Ltd.: Cow coming to profit 35/-, do. £l, do. £l. Passed in: Cow at drop £3. Wright, Stephenson and Co. Ltd., offered and passed in: Cow coming to profit, heifer and calf (no bid), 26 3year store steers, £4 15/-. AUSTRALASIAN T. AND G. MUTUAL LIFE ASSURANCE SOCIETY LTD. The board of the T. and G. Mutual Life Society reports that the new business written during the financial year ended September 30 last was as follows: In the ordinary department 22,886 policies assuring £6,381,585 and in the Industrial Department-126,179 policies assuring £5,131,867, the total life business issued being 149,065 policies for £11,513,452. In addition in the Accident Department there was written 2965 personal accident and sickness policies for £1,319,700 and 8114 policies in the Ordinary Department were endorsed with accident benefits for £1,411,708. THE RIALTO. William Todd and Co. Ltd. report as follows for week ending October 28:— Pigs: 247 head entered. Demands slightly easier for weaners. Small weaners 9/- to 11/-; medium 11/9 to 13/-; large 13/6 to 14/-; small stores 15/6 to 20/-; stores 23/- to 27/-; sow in pig £4 3/-. Poultry: Fair demand. Hens 1/11 to

2/7; cockerels 2/3 to 4/-; ducks 1/8 to 1/11; hens and chicks 13/- to 18/-; ducks mid ducklings 7/- to 7/6. Bacon nigs: We arc cash buyers of bacon weights, 120 to 1501bs at 3jd lb, freight ’ Dairy cows: 2 at £6 10/-, 2 at £6 15/-; 3 at £7; 3 at £6 5/-. Set discs Produce: Table potatoes, Arran Chief poor inquiry £3 ton; King Edward, good demand for prime quality £3 10/- to £4 ton; inferior grade, heavy supplies, no demand; seed potatoes, low prices arc being accepted to clear; onions 10/- cwt; carrots 6/- cwt; parsnips 7/-; wheat 12/6 to 13/-; oats 7/to 9/-; black barley 10/-; ryecorn 10/-; oaldust 3/6; crushed oats 8/-; pollard 8/6- bran 7/-; Moose Meal 16/-; Moose Nuts 15/-; ccremilk 6/6; liver meal 11/-; Meat Meal 11/-; molasses 13/6 case; crushed linseed 20/- cwt; whole linseed 18/-; Meadows Chicken Mash 12/- to 15/-; chick food 17/6; oyster shell grit 6/- cwt; lodised Salt Licks 501 b biocks 10/-; Poaka pig food 7/6; Farra food 7/6; chaff £3 5/- to £3 10/-; straw £2 15/-; hay £3 10/-; barley pollard 11/-; sorrell 5/-. Vegetables: Cabbage 2/6 to 3/6; cauliflower 3/-; lettuce 1/6 doz.; rhubarb ljd to 2d lb. Miscellaneous: Lysagnt barb wire 28/- cwt.; No. 8 gal. 20/-; No. 9 21/-; rabbit netting 21/-; fowl netting 13/-; wheelbarrows 25/-; Kauri washtubs 55/-; baths 65/-; pumice boilers £6; tile surrounds complete £3 15/-; tanks 47/6; timber 12/- to 14/- 100; dressed 22/- to 26/-; droppers 12/-; stakes 22/6; Totara posts £5 100; horse collars 35/-; riding saddles £5 5/-; horse covers 30/-; cow covers 10/- to 15/-, Ceylon tea, 51b boxes, 12/6; petroleum jelly 1/—. Grass Seeds: White Clover lOd lb; Cowgrass lid; Timothy 8d; Akaroa Cocksfoot 4d to 1/-; Alsike 9d; Perennial Ryegrass 3/- to 3/6 bushel; Mixture Ryegrass, Clover, Cocksfoot 3d lb.

EXCHANGE MART. Messrs D. W. McKay Ltd., Exchange Mart, Invercargill, report as follows: — Fruit: Apples are in very short supply and prices have firmed, Stunners 9/to 11/-; Delicious 9/- to 11/-; Democrats 9/-; Oranges, Wainui shipment arrived in fairly good condition and realized 17/6 to 27/- per case according to count. A shipment of Samoan and Niue Bananas are due ex Maui Pomare on Wednesday and we expect prices to rule high. Tomatoes moderate supplies 1/4 to 1/8; Lemons N.Z. 18/- to 22/6; vegetables, Lettuce 1/to 3/6 doz.; Spinach lOd to 1/3 doz; Cabbages 3/6 to 6/-; Cauliflowers scarce and realizing high prices. Produce: Potatoes 4/- to 5/- bag; Seed Potatoes 4/- to 6/- cwt.; Oats 5/- to 6/-; wheat 13/6; oatdust 3/6; K.P. Manure 9/6; Super 7/6; Builders’ Lines and furntiure selling well, Exchange Tea 12/6; Honey 5/6 101 b tin.

BRAY BROS. Messrs Bray Bros. Ltd. report auction prices as follows: Apples, dessert, best quality and size, Sturmers 10/-; Delicious 11/- to 12/-; others 3/6 to 7/6; cookers 6/6 to 7/6; lemons (N.Z.) supplies arriving to-day; oranges, Berri, Navel, Joppa and Med. Sweet, 18/- to 27/6; Pears 5/6 to 6/6 box; tomatoes 1/3 to 1/8 lb; asparagus 4/- to 6/-; cabbage 6/- to 7/3 bag; cauliflower 5/- to 11/- doz.; carrots 7/6 cwt.; cucumbers 10/- to 15/- doz; lettuce 1/6 to 3/6; green peas 6d to 8d lb; onions 5/- to 6/- bag; potatoes 3/- to 4/6 cwt.; seed varieties 4/- to 10/- cwt; parsnips 7/6 cwt; pumpkins Id lb; rhubarb lid. to 2id lb; honey 101 b tins 4/6, 51b tins 2/6. Furniture: Showroom upstairs, new locally made Rimu furniture at specially reduced prices. Inspection invited.

BOWDEN & CO. F. Bowden & Co. report a busy week. All fruits in season being plentiful and prices reasonable, with the exception of apples, consignments of which are wanted. Supplies of cauliflowers, cabbage and rhubarb have eased off and prices advanced considerably, cauliflowers realizing up to 14/3 per doz. during the week. Lettuce is plentiful and reasonable, other vegetables are in full supply. Produce of every description is available. Table potatoes are plentiful, prices ruling on the low side, but there are some well graded freshly picked lines available.

The week closed with prices ruling: Grapes 17/- to 18/-; apples 5/6 to 10/6; oranges 18/- to 24/-; pines 15/-; bananas 22/-; lemons 15/- case; coconuts 17/6 to 18/- sack; pears 5/6 to 6/- box; tomatoes, hothouse 1/- to 1/6, island 8d lb. Vegetables, Produce and etc.—Bran 6/6; oatdust 3/6; super 6/-; wheat 7/to 13/-; pollard 8/6; swedes 2/6; onions 6/6; barley 13/-; oats 8/-; crushed oats 7/6; shell lime 1/6; garden and potato manure 1/8 bag; radishes 1/6; cauliflowers 1/- to 14/3; cabbage 2/9 to 4/9; leeks 1/2 to 2/10; lettuce 1- to 3/-; asparagus 4/- doz.; G. peas 6d; rhubarb ljd to 2d; parsnips lid to lid; carrots Id; kumaras l|d lb; table potatoes £2 10/- to £3 10/-; straw £3; chaff £3 to £3 10/- ton; seed potatoes 2/- to 4/- cwt. Pigs—Weaners 12/- to 14/6. We are cash buyers bacon pigs at full market rates, rail paid to Invercatgill. Dairy Cows —12 at £5 5/-, 3 for £l4 10/-, £3 10/-; covers 15/- to 17/6. Horses —2 at £3O, £2O, £lB, £l7, £l7, £l2 10/-, £5 10/-; R. saddle £2 5/-; spring cart harness £3, hopples 10/-, hobbles 8/-, other harness according to condition. Timber—At the lower prices is meeting a ready sale, and large quantities are being sold, good stocks still on hand. Sawn 12/-, dressed 22/-, totara posts £5 to £6; broadleaf £4 to £5; split stakes 20/-, sawn 25/- to 35/-; split droppers 10/-, sawn 12/- 100; strainers 5/- to 7/- each. Meat—Mutton, roast 3d to 31 a; loins and shoulders 3d to 3Jd. Beef: Roast 3Jd, boiling 2£d lb. General—New lawnmowers £2 15/to £3 5/-; drums 4/-; range £3 10/-; wheelbarrows 26/-; heavy gate hinges 7/-, meat safes 25/-, pumice boilers £6, English hardware, roofing iron