COMMERCIAL

Southland Times, Issue 25343, 23 July 1935, Page 3

COMMERCIAL

THE STOCK EXCHANGE. YESTERDAY’S QUOTATIONS. At yesterday’s call-over on the Invercargill Stock Exchange the following prices were quoted:—

Sale Reported. A sale was reported of Mount Morgans at 37/-. NORTHERN EXCHANGES. (Per United Press Association.) Auckland, July 22. Sales on ’Change: Bonds, 1940, 4 per cent., £102; Stock, 1939-1943, 31 per cent., £lO5 5/-; Stock, 1940, 4 per cent., £lO2, £lO2 5/-; Auckland City, 1942, 4| per cent., ClO3 15/-; Williamson Pictures, 1933-1949, -7J per cent., £7B; National Bank of New Zealand 68/9 (3); Bank of New South Wales £32 5/-; Reserve Bank of New Zealand £6 9/6; New Zealand Insurance 67/3; South British Insurance 98/3; Dominion Investment and Banking 17/-; North Auckland Farmers (B pref.) 10/-; Renown Colleries 9/6; National Timber 14/-; Kaiapoi Woollen (7/- paid) 6/5; Dominion Breweries 15/-; Consolidated Brick 10/7; Farmers’ Trading 7/2; New Zealand Refrigerating (£1 paid) 20/9; Mahakipawa s£d; Mataki 1/11; Okarito 5/10; Mount Morgan 37/-. Unofficial: Auckland Trotting Club, 1939-1944, 6) per cent., £103; Woolworths (Sydney) 94/-; Golden Crown 7/11. Wellington, July 22.

Sales on ’Change: Inscribed Stock, 3’ per cent., 1939-1952 £lOB 7/6 (2); Christchurch Drainage Board, 4j per cent., 1964 £lOB 17/6; National Bank of New Zealand 68/9 (late Saturday), 68/9 (6); Bank of New South Wales £32 7/6; Bank of New Zealand 51/6 (2); Union Bank £9 3/- (late Saturday); National Insurance 20/9; Gear Meat 21/-; New Zealand Refrigerating (contr.) 9/lOj, 9/11, Kaiapoi Woollen (contr.) 6/6; National Timber 14/3; Anthony Hordern 20/- (late Saturday); Broken Hill Proprietary 59/11, 59/1 (both late Saturday), 59/-. Unofficial: Woolworths (Sydney) 93/(3) (late Saturday), 93/3, 94/-. Christchurch, July 22.

Sales on 'Change: Goldsbrough Mort 30/1, 30/3; New Zealand Refrigerating (£1 paid) 20/10; Anthony Hordern 20/1; Dunlop Perdriau Rubber 15/6 (2), 15/7, 15/8 (2); Kauri Timber 22/2; Brian Boru 23d, 3d; King Solomon 3/9 (2); Maori Gully 1/54 (2); Mount Lyell 20/-, 20/1. Sales reported: New Zealand Government 4 per cent. Inscribed, 1937-1940 £102; Christchurch Drainage Board, 4} per cent., 1946 £lOB 17/6; National Bank of New Zealand 68/9: Reserve Bank of

New Zealand £6 9/6; Maerewhenua 2d. Dunedin, July 22. Sale on ’Change: Westport Coal 22/— (3).

MINING RETURNS. OKARITO AND GILLESPIE’S BEACH. (Per United Press Association.) Dunedin, July 22. The Okarito return was 320 z 6dwts for 123 hours and Gillespie’s Beach 470 z 6dwts for 136 J hours. » MATAKI RETURN. (Per United Press Association.) Auckland, July 22. The Mataki return for the week ending the 21st inst was 42 ounces for 1364 hours’ work. SYDNEY STOCK EXCHANGE. DEMAND FOR INVESTMENT SHARES. (United Press Assn. —Telegraph Copyright.) (Rec. 8.45 p.m.) Sydney, July 22. On the Stock Exchan> . to-day general investments commanded strong support. Leading industrials were firm, though Tooth’s and Broken Hill Pty. eased back slightly. A vigorous demand for Goldsbrough Morts was followed by a number of sales a - , ad-

DAIRY PRODUCE PRICES. The New Zealand Dairy Board has received the following market report from its London Office dated July 19, 1935:— Butter: New Zealand salted (approximately) 10.42, 89/-, 90/-. Unsalted 94/- Deliveries New Zealand 1450 tons. In store New Zealand 6994 tons (includes 1243 tons Remuera, Mahia and Port Sydney). Australian salted 86/-, 87/-. Unsalted 87/-, 88/-. Deliveries Australian 1404 tons. In store Australian 8646 tons. Market firm. New Zealand retail price unchanged lid. South Africa 80/-, 83/-. Irish creamery salted 38/-; unsalted 90/-. Danish 102/- spot; Dutch unsalted 81/-, 85/-; Estonian unsalted 82/-, 83/-; Siberian salted 81/-, 83/-; Ukranian salted 81/-, 82/-; Polish salted 74/-, 76/-; Lithuanian salted and unsalted 81/-, 83/-. Market firm. Danish retail price unchanged 1/-. Cheese: New Zealand white (approximately 4.6 d) 43/6, 44/-; coloured 43/6, 44/-. Deliveries New Zealand 19,379 crates. In store New Zealand 162,452. Australian white and coloured 40/-, 43/-. Canadian white and coloured 62/-, 63/-; new season’s 52/-, 53/-; c.i.f. 49/-, 52/-; deliveries 4354 boxes. In store 46,668. English factory cheese 33/-, 38/-. Market quiet. New Zealand retail price unchanged 6d.

Government Debentures. Buyer. £ s d Seller. s d Stock, 3J p.c., 1938-43 105 5 0 Stock, 31 p.c., 1938-52 107 12 6 Stock, 31 p.c., 1939-43 105 5 0 — Stock, 31 p.c.. 1939-52 107 12 6 Stock, 4 p.c., 1940 102 0 0 102 15 0 Bonds, 4 p.c., 1940 102 0 0 102 15 0 Stock, 4 p.c., 1946 108 0 0 Bonds, 4 p.c., 1946 108 0 0 — Stock, 4 p.c., 1949 108 15 0 Bonds', 4 p.c., 1949 108 15 0 — Stock, 4 p.c., 1955 111 15 0 —— Bonds, 4 p.c., 1955 111 15 0 — Banks. Commercial 0 16 8 — E.S. and A. Bank 5 0 0 — National of New Zealand _ 3 8 9 New South Wales 31 10 0 — New Zealand 2 11 3 2.11 9 New Zealand Long “D” issue 1 12 3 — Reserve Bank of New Zealand —— 6 9 6 Union of Australia 9 0 0 — Breweries. N.Z. Breweries (Shares) 2 13 0 2 14 3 Timaru Brewery 0 8 11 — Coal. Kaitangata — 1 0 9 Westport Coal 1 1 10 — Insurance. National 1 1 0 South British 4 18 0 — Standard 3 12 0 3 13 6 Loan and Agency. Dalgety and Co. — 8 7 6 National Mortgage (B issue) 1 12 0 -— — Wright, Stephenson ' and Co. (ord.) 0 18 0 (pref.) 0 19 9 — Meat Companies. N.Z. Refrigerating (20/- paid) 1 1 0 ——— (10/- paid) 0 9 11 Southland Frozen Meat (£1 ord.) 3 15 6 (£1 pref.) 3 15 6 South Otago Freez ing Co. 6 15 0 Shipping. Union Steam Ship Co. (pref.) 17 3 — Miscellaneous. Australian Iron and Steel 14 0 —- British Tobacco (Aust.) 1 18 6 — Dominion Fertilizer 1 3 0 1 3 6 Dominion Rubber Co. 1 9 0 Donaghy’s Rope and Twine 2 12 0 Dunlop Rubber (Aust.) — 0 16 4 N.Z. Farmers’ Fertilizers 10 6 — N.Z. Guarantee Cor poration 0 5 11 —— New Zealand Paper Mills 1 14 0 Woolworths (Sydncy) 4 12 6 — Mining. Bendigo Goldlight 0 0 9 0 0 10i Broken Hill -—- 2 19 6 Big River ■ 0 2 3 Electrolytic Zinc (ord.) 17 6 (pref.) 1 14 6 — Gillespie’s Beach — 0 1 5i Goldfields Dredging 0 0 21 — Kildare ■ 0 3 2 King Solomon 0 3 10 Moonlight Nelson . 0 0 1 Mount Morgans 1 16 9 1 17 3 Okarito 0 5 6 0 6 0 Waihi Gold Mining 1 18 0 Junction Reward 0 1 6

vanced prices. Sales:— £ s d Bank of New South Wales 32 17 6 Howard Smith 16 6 Huddart Parker 1 19 9 British Tobacco 2 0 9 Carlton Brewery 2 .3 9 Australian Iron and Steel (pref.) 1 4 7( Australian Glass 3 13 6 Dunlop Perdriau 16 0 Goldsbrough Mort 1 10 9 Wilcox Mofflin 11 11 Morris Hedstrom 1 3 Greater J. D. Wiliams 10 Anthony Hordern 1 0 3 Lustre Hosiery (ord.) 1 8 3 General Industries 1 0 9 Mount Morgan 1 16 10) Broken Hill Pty. 1 19 6 Broken Hill South 14 0 Zinc Corporation 2 1 9 Kuala Kampar 12 6 Rawang Tin 7 7 Placer Development 32 0 0 Melbourne Sales. Commercial Bank of Australia 17 3 National Bank (£5 paid) 6 12 0 Dunlop Perdriau 15 10 G. J. Coles o 2 0 Howard Smith 16 6 Broken Hili Pty. 2 19 3 Broken Hill South 4 13 6 Mt. Morgan 1 17 3 Electrolytic Zinc (pref.) 1 15 10) Zinc Corporation 2 1 9 Tongkah Harbour 1 12 6