COMMERCIAL

Southland Times, Issue 22201, 19 December 1933, Page 2

COMMERCIAL

INVERCARGILL STOCK EXCHANGE. YESTERDAY’S QUOTATIONS. At yesterday morning’s call-over on the Invercargill Stock Exchange the following prices were quoted:— Banks. Commercial, pref. 4 per cent, (cum): b £8 15/-. Commercial of Sydney: b £l7. E.S. and A. Bank: b £5 9/-. National of New Zealand: b 80/-, s 83/-. New Zealand: b 47/-; s 47/6. New Zealand Long “D” issue: b 31/9. Breweries. New Zealand Breweries—(Shares): s 37/6. Coal. Westport Coal: b 13/6, s 14/-, Kaitangata: s 22/6. Insurance. National: s 19/-. New Zealand: b 56/-. Standard: b 60/9, s 62/-. Loan and Agency. Goldsbrough, Mort and Co.: b 33/-. National Mortgage “B” issue: b 31/-. N.Z. Loan and Mercantile: s £6O

10/-. Wright, Stephenson and Co.—(ord.), s 18/6; (pref.): b 17/6. Meat Companies.

N.Z. Refrigerating—(2o/- paid): b 19/9, s 20/3. (10/- paid): s 9/9. Southland Frozen Meat—(£l ord.): b 60/- s 60/6. (10/- ord.): b 30/-, s 30/6. (£1 pref.): b 60/-, s 61/6. South Otago Freezing Co., b 104/-. Mining. Big River: s 1/-. Electrolytic Zinc—(pref.): b 32/3. Gillespie’s Beach: b 1/11, s 2/-. Mount David: s 2/-. Waitahu: b 5/2, s 5/5. King Solomon: b 3/2, s 3/5. Mount Lyell: b 22/7. Mount Morgan: s 60/-. Okarito: s 8/6. Paddy’s Point: s 4/5. Waihi Gold Mining: b 27/6. Waihi Grand Junction: b 4/2. Freshford: s 2d. Nokomai: b 2/3, s 3/-. Bell Hooper: s lljd. Bell Kilgour: b 1/-, s 1/1. Upper Shotover: s 1/4. Nevis Diesel: s 1/-. Central Shotover: s 1/-. Shipping.

Union Steam Ship Co. (pref.): b 24/-. s 25/-.

Woollen Mills. Bruce (pref.): b 17/6, s 20/-. Kaiapoi—(ord.): s 8/6. Mosgiel: b £8 15/-. Miscellaneous. D.l.C.—(ord): b 14/6; (pref.): b 22/9. Dominon Fertilizer: b 17/-, s 18/-. Donaghy’s Rope and Twine: b 46/-. Milbum Lime and Cement: b 31/-. New Zealand Drug: b 72/6, s 75/-. N.Z. Paper Mills: b 27/9. Otago Daily Times: b 46/-. Wilson’s (N.Z.) Portland Cement: b 25/9, s 26/6. Debentures. Government Stock, 3J per cent., 193843: b £lOl. Government Stock, 3| per cent., 1939-

43: b £lOl. Government Stocks, 4 per cent., 1940:

b £lO2. Government Bonds, 4 per cent, 1940:

b £lO2. Government Stock, 4 per cent., 1946:

b £lOl 15/-. Government Bonds, 4 per cent., 1946:

b £lOl 15/-. Government Stock, 4 per cent., 1949:

b £lOO 15/-. Government Bonds, 4 per cent., 1949:

b £lOO 15/-. Government Stock, 4 per cent., 1955

b £lOO. Government Bonds, 4 per cent, 1955: b £lOO. Sale Reported.

A sale was reported of Waitahus at 5/3J.

NORTHERN EXCHANGES.

(Per United Press Association.)

Auckland, December 18.

Sales on ’Change: Auckland Harbour Board 1940 5| per cent. £103; Bank of New South Wales £32; Bank of New Zealand D pref. 32/-, 31/9; National Insurance 18/6; New Zealand Insurance 57/3; Farmers’ Fertilizer 18/6; Woolworths, New Zealand pref. 36/-; Maerewhenua 10d.; South British I'll-.

Unofficial: Claude Neon 46/-.

Wellington, December 18. Sales on ’Change: Government bonds 4 per cent. (1946) £lOl 15/-; Bank of New Zealand, long term 31/9; Wellington Gas 34/6; Bartholomew Timber 12/6; New Zealand Breweries 37/-; Farmers’ Fertilizer 18/6; King Solomon 3/2, last three late Saturday. Christchurch, December 18,

Sales on ’Change: Timaru Brewery (7/6 paid) 5/3; Broken Hill Proprietary 41/-; Dominion Fertilizer 17/4 (2); Howard Smith 12/-, 12/3; Okarito 3/3 (4). Sales reported: Standard Insurance (late sale Friday 15th) 61/-; Timaru Brewery (7/6 paid) 5/3; Willcox Mofflen 11/8. Dunedin, December 18. Sale on ’Change: Okarito 8/2. Sales reported: Dominion Fertilizer

17/6, Waitahu 5/3; Southland Frozen Meat £3 0/6; 4 per cent, stock (1955) £lOO 10/-. SHEEPSKIN SALES. Messrs Murray, Roberts and Co. Ltd. have received the following sheepskin market cablegram from their London agents, Messrs Henderson, Murray and Elder Ltd., dated 14th inst.: —All sections operating, market advanced 10 per cent, to 15 per cent., except for short and shorn practically unchanged. DAIRY PRODUCE PRICES. The New Zealand Dairy Produce Board has received the following market report from its London office dated December 15, 1933: — Butter. —New Zealand salted 68/- to 70/- ex. 71/-, equals approximately 7.85 d. f.0.b.; unsalted 74/- to 76/-. Deliveries New Zealand 3,681 tons. In store New Zealand 3,100 tons, includes 352 tons ex Tamaroa. Australian salted 68/- to 70/-; unsalted 72/- to 76/-. Deliveries Australian 1,762 tons. In store Australian 1,332 tons. Market slow by end of week. Argentine unsalted 72/- to 74/- (little doing). Danish 95/- f.0.b., 115/- to 116/- spot (firm). Siberian 65/— to 66/- (slow). New Zealand retail price reduced to lOd. Danish retail price unchanged, 1/2. Empire Marketing Board’s estimated stocks of all butters 439,972 boxes (last year 476,654 boxes). Cheese: New Zealand white 48/- to 49/- (5.23 d. f.0.b.); coloured 44/- to 45/- (4.72 d. f.0.b.). Deliveries New Zealand 26,000 crates. In store New Zealand 29,500 crates, includes 13,000 crates Tamaroa. Australian coloured 44/-. Canadian white 46/- to 53/-; coloured 46/- to 50/-. Deliveries Canadian 9,600 boxes. In store Canadian 241,000 boxes. Market firm. Retail prices unchanged. English Finest Farmers SO/- to 94/-. Port Alma commenced butter and cheese December 7; finished cheese Bth; butter 9th Tamaroa commenced discharge cheese 12th; finished 13th; butter 13th.

The New Zealand Loan and Mercantile Agency Company repoi-t having received the following cabled advice today from their London office.—Butter market after considerable sales of Finest at 67/- to 68/-, quotations firmer. At moment 69/- to 70/-. Market quiet.

SYDNEY STOCK EXCHANGE.

BUYERS DISPLAY CONFIDENCE.

(United Press Assn.—Telegraph Copyright.) (Rec. 8.20 p.m.) Sydney, December 18. Anticipating a continuance, of improved business in the coming year investment buyers to-day operated with confidence and many front rank shares went to higher levels. Sales:— £ s. d.

LONDON MEAT QUOTATIONS. The New Zealand Meat Producers’ Board has received the following cable from its London Office, dated 15th December, advising that the following are the approximate average prices realized for the week based on actual transactions of wholesale quantities of the descriptions of meat mentioned and are for representative parcels of the goods offering during the week, being for business done on the basis of delivered to Smithfield Market and/or ex London stores: —

(Prices for the previous week are also shown). (Per lb.) 15/12/33.8/12/33. d. d.

North Island Lamb Quotations New Season’s. Lamb Market: New season’s arrivals meeting with rather slow demand owing to extremely cold weather demanding heavier meat. Portion of Tamaroa lambs now available are selling from 7gd to BJd ex hooks. Mutton Market: Wethers and Ewes very firm owing to strong competition for the small stocks available. Beef Market: Meeting with better consumption, but prices unchanged. N.Z. Porker Pigs: Firm with good trade, especially lightweight. N.Z. Baconer Pigs: Remain nominal with very little enquiry,

Bank of New South Wales 31 12 6 Queensland National Bank 5 13 6 National Bank (£5 paid) G 9 0 Australian Provincial Assurance 10 10 Colonial Sugar 64 5 0 United Insurance 9 5 0 Mercantile Mutual Insurance 19 9 Howard Smith 13 3 Australian Gas (B) 7 12 0 Associated Newspapers 1 0 41 Associated Newspapers (pref.) 1 1 3 British Tobacco 1 17 Dunlop Perdriau 1 0 0 Tooth’s 2 3 3 Toohey’s 1 3 3 Carlton Brewery 2 3 9 Newcastle Gas (a) 12 6 Commonwealth Wool 19 10) Australian Iron and Steel (pref.) 19 41 Drug Houses of Australia 17 G~ Henry Jones 1 17 0 Morris Hedstrom 18 6 Electrolytic Zinc 1 6 10) Standard Cement 17 0 Goldsbrough Mort 1 14 3 Wilcox Mofflin 12 4 Farmers 17 9 David Jones 1 17 0 Anthony Hordern 13 6 Anthony Hordern (pref.) 1 2 0 Lustre Hosiery 19 0 Mt. Morgan (ex dividend) 2 19 0 Broken Hill Pty. 2 2 6 Bulolo Gold 5 6 0 Melbourne Sales. Commercial Bank of Australia 17 11 Commercial Bank of Australia (pref.) 9 4 0 Metropolitan Gas 13 7 0 Gordon and Gotch 2 0 3 National Bank (£5 paid) 6 10 0 Australian Glass 2 10 0 Mt. Lyell 1 ■ 3 0 South Broken Hill 3 5 6 North Broken Hill 4 7 3 Taranaki Oil 1 11

N.Z. Sheep, Canterbury and North Island Selected Crossbred Wethers and Maiden Ewes— 481b to 561b 5 4;5 571b to 641b 41 4g 651b to 721b 40 4 North Island do.— 481b to 561b 5 45 571b to 641b 4g 41 651b to 721b 4 Ewes— 481b and under 4g 41 481b to 641b 38 3| 651b to 721b 3g 3g N.Z. Lambs, Canterbury— 361b and under— 65 65 371b to 421b 6| 68 Second quality: average 321b 6 6 Other South Islands Brands— 361b am" under 7 7 371b to 421b 6! 63 Australian Lambs— Victorian: 1st Quality, New season’s— 361b and under 6? 63 371b to 421b 60 61 Argentine Lamb— 1st Quality, New seasons — 361b and under 61 371b to 421b 6g 61 N.Z. BeefOx Fores 2} 21 Ox hinds 21 25 Argentine Chilled BeefOx fores 31 3g Ox hinds 6 5g Australian Frozen Beef— Ox crops, over 100 Ox hinds, over 160 2g 2g 30 3j N.Z. Prime Porker Pigs— 601b to 801b 7 7 811b to 1001b 60 6 1011b to 1201b 51 51 N.Z. Baconer Pigs— 1201b to 1601b 5 51