COMMERCIAL

Southland Times, Issue 22492, 29 January 1935, Page 2

COMMERCIAL

STOCK EXCHANGE. YESTERDAY’S QUOTATIONS. At yesterday’s call-over on the Invercargill Stock. Exchange the following prices were quoted:— Coal. Westport Coal, s 22/6. Westport Stockton (ord.), s 3/-. Insurance. National, b 22/3. New Zealand, b 70/6. South British, b 96/6. Standard, b 71/-. Loan and Agency. Goldsbrough, Mort and Co., s 29/9. i National Mortgage, s 60/-. Wright, Stephenson and Co—(ord.), b 18/-. (pref.), b 19/6, s 20/3. Meat Companies. N.Z. Refrigerating—(2o/- paid), b 21/-, s 21/3. (10/- paid), s 10/2. Southland (Frozen Meat—(£l ord.), b 76/-. (10/- ord.), b 38/-. (£1 pref.), b 76/-. South Otago Freezing Co., b £6 5/-. Shipping. Union Steam Ship Co (pref.), b 27/-. Miscellaneous. Australian Glass, b 61/-. Cblonial Sugar Co., b £4l 5/-. D. (pref.),.s 27/-. Dominion Fertilizer, b 21/-. Dominion Rubber Co., s 31/-. Dunlop Rubber (Aust.), s 19/11. Milburn Lime and Cement, b 42/-, s 43/-. New Zealand Drug, s 80/-. N.Z. Guarantee Corporation, b 5/9. New Zealand Paper Mills, s 34/6. Otago Daily Times, b 53/-. Woolworths (Sydney), s 94/-. Government Debentures. Government Stock, 31 per cent, 1938- ■_■.* 43, b £lO6 7/6. Government Stock, 31 per cent, 193852, b £lO6 7/6. ■ Government Stock, 31 per cent, 193943, b £lO6 7/6. Government Stock, 3J- per cent, 193952, b £lO6 7/6. Government Stock, 4 per cent, 1940, b £lO2 10/-. Government Bonds, 4 per cent, 1940, b £lO2 10/-. Government Stock, 4 per cent, 1946, b £lO6 - Government Bonds, 4 per cent, 1946, b.£106. Government Stock, 4 per cent, 1949, b £lO6 10/-. Government Bonds, 4 per cent, 1949, b £lO6 10/-, Banks. Commercial, b 16/4, s 16/9. E. and A. Bank, s£s 2/-. National of New Zealand, b 70/6. New Zealand, s 50/9. New Zealand long “D” issue, s 29/6. Reserve Bank of New Zealand, b £6 12/-, s £6 13/6. Union of Australia, b £8 19/-, s £9 2/6. Breweries. New Zealand Breweries—(Shares), b 50/6, s 51/6. Timaru Brewery, b 8/4. Woollen Mills. Bruce (pref.), b 21/-. Kaiapoi (ord.), s 15/9. Wellington Woollens (pref.), b £5 13/-.

Mining. Bell Hooper, s SidBendigo Goldlight, b 9d, s lid. Broken Hill, s 54/-. Big River, b 1/9. Gillespie’s Beach, b 1/7, s l/Bi. •Golden Sands, s"3/-. Goldfields Dredging, b 7d, s lOd. Kildare, b 2/5. King Solomon, b 3/4, s 3/8. Moonlight Nelson,' s Id. Mount Morgans, b 39/6. Nevis Diesel, s 4d. Nokomai, b 2/-. Okarito, b 7/3, s 8/1. Skippers, s 74d. Waihi Gold Mining, b 39/-. Waihi Grand Junction, b 4/8. Waitahu, b 2/-. Maori Gully, b 1/5, s 1/7. Sales Reported. ■ Commercial Banks, 16/8 (2). ■ NORTHERN EXCHANGES. (Per United Press Association.) Auckland, January 28. . Sales on ’Change: Bonds, 1940, 4 per cent. £lO3 10/-; Stock, 1938-1952, 3£ per cent £lO6 15/-; Bank of New Zealand 50/3; South British Insurance 97/6;-. Standard Insurance 72/6; Auckland Gas 27/9 (2); Devonport Ferry 22/9; Howard Smith 16/3; Huddart Parker 26/9; Colonial Sugar £4l 5/-; Consolidated Brick 10/1; Gear Meat 21/10; Henry Jones 25/6; New Zealand Drug 79/6; Woolworths (pref.) 40/9;

Mataki 1/10; Skippers 6jd;, Talisman Dubbo 10/-; Waihi 39/3 (2); Mount Lyell 16/6. Unofficial: Woolworths (Sydney) 91/6, 91/-; Golden Crown (6d paid) 2/1. .. .

Wellington, January 28. Sales on ’Change: Stock, 3J per cent., 1938-1952 £lO6 15/-; Bank of New Zealand 50/6 (late Saturday), 50/-; Bank of New Zealand (D long term) 29/(2); Reserve Bank of New Zealand £6 13/—; Auckland Gas 26/9 (late Saturday); New Zealand Insurance 71/- (late Saturday); Standard Insurance 72/6; Gear Meat 21/9 (2); Wellington Woollen (ord.) £5 16/-; Wellington Woollen (pref.) £5 16/-; British Tobacco (Australian delivery) 39/5 (late Saturday); British Tobacco 39/-; Colonial Sugar £4l 5/-; Dunlop Rubber 19/9 (late Saturday); Waihi 39/1 J. Unlisted sales on ’Change: Woolworths, Sydney (ord.) £4 12/6, £4 12/-. Christchurch, January 28. Unlisted sale on ’Change: Argo Gold (10Jd paid) 1/5. v Unlisted sale reported:' Woolworths, Sydney (ord.) 92/-. Sales on ’Change: Commercial Bank of Australia (cum. div.) 16/7; Bank of New Zealand 50/3 (5); Reserve Bank of New Zealand £6 12/9 . (2); New Zealand Refrigerating (10/- paid; cum. div.) 10/1; New Zealand Breweries 51/3, 51/1 (4); Big River 2/1; Mount Morgan 40/-; Skippers 6d (2). Sales reported: Reserve Bank of New Zealand £6 13/-; New Zealand Refrigerating (£1 paid; cum. div.) 21/1; New Zealand Refrigerating (10/- paid; cum. div.) 10/1; Skippers 6d. Dunedin, January 28.

Sales reported: Woolworths (Sydney) £4 12/6; Bank of New Zealand (long D) £1 9/-; New Zealand Refrigerating (paid) £1 1/1; Stock, 4 per cent., 1946, £lO6 10/-.

MINING REPORTS. , . '-' c . OKARITO RETURIf. . ' - - (Per United .Press Association.) Dunedin, January 28. The Okarito return for the week ended Saturday, January 26, was 370 z 2dwt for 122 J hours’ working. MATAKI RESULT. (Per United Press Association.) Auckland, January 28. The Mataki return for the week ending January 27 was 21oz for 136 hours’ work. GILLESPIE’S BEACH. (Per United Press Association.) Wellington, January 28. The Gillespie’s Beach wash-up was 420 z 12dwt for 131 hours’ work. DAIRY PRODUCE MARKET. The New Zealand Dairy _ Produce Board has received the following market report from its London office dated January 25, 1935:— Butter.— New Zealand salted, 84/- to 85/- (79/- to 82/-) equals approx. 9.79 cl f.0.b.; unsalted 88/- to 90/- (84/to 86/-); deliveries New Zealand, 2322 tons; in store New Zealand 4932 tons; Australian salted 82/- to 83/-, ex. 84/(79/- to 81/-); unsalted, 85/- to 86/(82/- to 84/-); delivered Australian, 2889 tons; in store Australian, 3641 tons. Market firm and active on available short supplies. Danish, 96/- f.0.b., 116/- to 117/- spot (97/-, 118/-); Dutch unsalted, 109/- to 113/-. Market steady. Retails unchanged N.Z. lOd, Danish 1/2, Cheese.—New Zealand white and coloured, 45/6 to 46/—, ex. 46/6 (4.85 d f.0.b.) (45/- to 46/6); deliveries New Zealand 18,914 crates, in store New Zealand 82,534 crates—includes 17,720 crates lonic and Rangitane; Australian white 44/6 to 45/-; coloured 44/to 45/- (45/-). Market steadier after quiet opening. Canadian white and coloured, 56/6 to 59/- (56/- to 60/~); market quiet. Deliveries Canadian, 8271 boxes; in store 123,049 boxes; English finest farmers’, 82/- to 90/-, steady (82/- to 90/-); English factory cheese 43/- to 44/-.