FINANCE AND COMMERCE

Taranaki Daily News, 22 August 1930, Page 16

FINANCE AND COMMERCE

SHARE MARKET SALES. Auckland, August 21. —-Share market sales: War Bonds, 1938, 4j per cent., £100; Government bonds, 1933, 5& per cent., £99 ss; Commercial Bank of Australia (late sale Wednesday), 20s 3d; Bank of Australia, pref., £6 7s 6d; New Zealand Guarantee Corporation, 7s 9d, 7s Sd; Taupiri Coal (late sale Wednesday), 275; Auckland Gas, 245; Huddart Parker, pref., 20s; Northern Steam, 14s 6d; Kauri Timber, 13s; New Zealand Breweries, 51s, 50s lOd; Hill and Plummer, 21s; Robinson Ice Cream, 23s 6d; Wilson’s Cement, 40s; Waihi, 14s 4d (two parcels).' Christchurch, August 21.—gales on Exchange: Bank of New South Wales (cum. div.), £36 ss; New Zealand Insurance, 425; New Zealand Refrigerating (£1 paid), 10s 3d (2 parcels); Toohey’s Brewery, 17s lOd. Sales reported: New Zealand Guarantee Corporation, 7s 9d; New Zealand' Breweries, 51s 3d; Tiinaru Brewery (5s paid), Gs 6d; Taupiri Coal, 26s Kid.

NEW PLYMOUTH MARKETS. New Plymouth market prices this week were: — Buying Selling, sd s d Hams S 1 2 Bacon (rolls) 1 2 • Bacon (sides) 1 0 Butter (creamery) pats 1 4 Butter (best separator) (pats) 11 1 1 Butter (separator) lump 10 10 Eggs 1 2 1 4 LIVE STOCK MARKET. BURNSIDE PRICES FIRM. Dunedin, Aug. 20. Prices generally at the Burnside sale to-day could be quoted as being in sellers’ favour.' There was a yarding of about 240 fat cattle, including a small proportion of handyweights and a, larger percentage of medium cow? and heifers. On the. whole, values showed little alteration from last week’s price level, but if anything ruled in sellers’ favour, particularly in regard to the choicer sorts. The feature of this section was a show bullock sold at the high price of £29 12s 6d. Prime heavy bullocks made to £23 12s' Gd, prime to £2O, and medium from £l6 to £l7' 10s. Prime heavy cows and heifers made to £l6 ss, prime to £l3 10s, and lighter sorts to £ll 10s.

There was only a small entry of store cattle, with few quotable lines. Prices were firm at late rates.

The entry in the fat sheep section numbered about 1680, comprising a small penning of prime wethers and a sprinkling of fine-woolled sorts. The sale opened uneventually; but firmed considerably. Ewes wore worth about 2s per head more than at last sale, while wethers can be quoted as firm, although early in the sale they were a good bit dearer than at the previous sale. Prime wethers made to 36s 9d: medium, to 29s Gd; and light from 22s Gd. Prime heavy,ewes were worth up to 24s 9d, prime to 225, and light and medium from 13s Gd to 19s. Tlie hoggets brought from 14s to 235. A small entry of pigs sold at late rates.

JOHNSONVILLE SALE. At Johnsonville fat stock sale on Wednesday an average, yarding cf all classes was offered. Heavy prime cattle were in good demand at last week’s rates, but lighter and plain sorts were not sought after, showing a decline of at least 15s to £1 per head. Cows met with a, good sale. The larger proportion of the sheep yarding, comprised wethers. Light and medium-weight wethers met with a good demand at last week’s rates, heavyweight sheep being dull of sale. Ew.es were not in demand, prices showing a decline of last week’s rates. Lambs sold freely at late rates.

Prices ranged as follow: Heavy bullocks, £l6 10s, £l6 7s Gd, £l6 2s 6d, £l6; bullocks, £15.17s Gd, £l5 10s, £l5 2s 6d; light bullocks, £l4, £l3 10s, £l3 ss, £l2 10s, £l2; cows, £ll, £9 15s, £9. Sheep: Heavy wethers, 32s Gd, 31s, 30s 9d; wethers, 295, 27s 6d, 275, 26s 9d; light and unfinished, 24s 9d, 24s Gd, 245; ewes, 20s, 19s 9d, 19s Gd, 19s; lambs, 22s Gd, 22s 3d, 225, 20s.

WANGANUI WOOL SALE. LOAN AND MERCANTILE REPORT. The New Zealand Loan and Mercantile Agency Company reports that at the second, winter wool sale of the season at Wanganui there was a full bench of buyers representing Bradford and the Continent as well as local fellmongers, scourers and speculators, who competed keenly for all suitable lots right up to their limits. Owing to the large carry-over of fleece wool from Ir t season on account of the low prices ruling a percentage of the offering at today’s sale was held-over wool, but the firm’s catalogue comprised only crutchings and oddments, and it succeeded in disposing of the whole of the catalogue under the hammer at prices which must be considered highly satisfactory wher. compared with present ruling values for fleece wool.

Comparing prices with those ruling at Wellington the market shows little or no change, but comparing them with those ruling in June they must be quoted slightly easier, but this was to l>e> expected as the London market had eased in the meantime. Following are some of the firm’s sales: MORIKAU/OA, 53d, 6d; CB/TEKOPJTO, 6d; M & M, sd; RUAE, 4Jd, tfd; TH/N, (id; MATAPU, 5Jd; CHOREA, sjd; ZHM, 6 Id; OKUPtA, s£d; TAOKORO, 53d; BIRDGROVE, 6-Jd; FM, sid; VERITAS, 5Jd; LAJ/H, Cd; SA, 6d; JL/TAOROA, SU; TE RAUPO, 5Jd; PRESTON HILL, sd; HGH, 53d; EMH/ K, sd; LE, s{d.