COMMERCIAL

Taranaki Daily News, 18 April 1932, Page 12

COMMERCIAL

SHAREMARKET TRANSACTIONS.

Auckland, April I's. Sharemarket sales: Inscribed Stock, 1933, 5| p.c., £97 ss; Commercial Bank of Australasia, 13s lid; Bank of New Zealand, 43s 3d; Westport Stockton, 6d; Taranaki Oil, _9d; Wilson’s Cement, 25s lOd; Waihi, 16s 9d. Christchurch, April 15. 'Sales on exchanges New Zealand Government, 4% per cent, inscribed, 1938, £94 12s 6d, £94 Ils 3d; National Bank of Australasia (£5 paid), 16s 6d (3); Dalgety and Co., £7 2s 6d; Goldsbrough Mortgage, 21s 7d; Mt. Lyell, 18s 6d; 18s 7d; Golden Dawn, 5s 7d (2), 5s 7jd (2); Golden Point, 4Jd (2); King Solomon, Is 4d; Okarito, 9s 7d; Waihi, 16s 7d.

Auckland, April 16: Sharemarket sales: Bank of New Zealand, 435. 3d.

AUSTRALIAN SHARE MARKET. GOOD TONE IN SHARES. Py Telegraph—Press Assn. —Copyright. 'Sydney, April 15. While the Stock Exchange was not so active to-day there was a good undertone in. the market and price variations were inconsequential, but banks and industrials more than held their own. Sales recorded were: Bank of New South Wales, £2B 12s 6d; Commercial Bank of Sydney, £l5 12s 6d; Bank of Adelaide, £5 ss; New Zealand Inscribed, 5J per cent, 1937, £109; Toohey’s, 16s 9d; Colonial Sugar, £42 ss; British Tobacco, 30s 3d; Golds'brough Mort, 24s 6d; Berlei, 20s; Burns Philp, 39s Australian Gas A, £5 13s 6d; Australian Glass, 35s 9d; Broken Hill Proprietary, l'ss 7d; Zinc Corporation, 15s 7d; Commonwealth Bonds, 4 per cent., 1938, £95 12s 6d; fours 1941, £94 ss; fours 1944 (ex-interest), £9l 17s 6d; fours 1947, £9l 10s; fours 1950, £9l 7s 6d; fours, 1959, (ex-interest), £9O; fours 1961, £9l 2s 6d. Sales on the Stock Exchange were: — Goldsbrough Mort, 24s 6d; British Tobacco, 30s 4Ad; Dunlop Perdriau, 10s lOd; Gordon and Gotch, £26 lOJd; South Broken Hill, 42s 9d; North Broken Hill, 635; Mt. Lyell, 21s; Taranaki Oil, 9d. VALUES IN WHEAT MARKET. Rec. 5.5 p.m. London, April 16. The market for wheat cargoes is quiet, values being mostly 3d. to 6d. lower. Parcels are in poor request at Ijd. to 3d. decline. I Futures are quoted as follows: London: June, 255. Id. per quarter; Sep-i tember, 255. Bd.; December, 265. 4d.j Liverpool: May, ss. 3d. per cental; July, ss. sd. 'to ss. Bd.; October, ss. BJd. ‘ RAW MATERIALS MARKET. : Rec. 5.5 p.m. ’ Loudon, April 16. The following are Friday’s closing prices, with those for April 8 in parentheses:— Cotton: May delivery, 4.66 d. (4.3 Gd. per lb. Rubber: Para, 3 5-Bd. (3 5-Bd.) per lb.; plantation, smoked, 1 7-Bd. (1 13-16 d.). Jute: April-May shipments, £l6 2s. 6d. ( £l6 13s. 9d.) per ton. Copra: April-May shipments, South Sea, £l4 10s. (£l3 17s. 6d.) per ton; plantation, Rabaul, £l4 15s. (£l4 2s. 6d.). Linseed oil: £l5 (£.14 55.) per ton. Turpentine: 565. 6d. (565.) per cwt.

THE FROZEN MEAT MARKET.

LITTLE CHANGE IN QUOTATIONS.

Rec. 5.5 p.m. London, April 16. The weekly quotations for the undermentioned classes of frozen meat are based on actual sales of wholesale quantities of carcases of mutton or lamb, or of quarters of beef delivered to Smithfield market, and/or ex London stores. They are compiled by the quotations’ committee, Smithfield.

To arrive at the equivalent ex ship values add one farthing per lb. to value quoted beloiy. Quotations given represent the average for the week, and are not for selected lines, but for parcels fairly representative of the bulk of shipments now on offer.

New Zealand sheep: Canterbury and North Island crossbred wethers and

maiden ewes, 48 to 561 b., 4Jd.; 57 to 641 b., 4Jd.; 65 to 721 b., 4d. North Island selected crossbred wethers and maiden ewes, 48 to 561 b., 4 3-Bd.; 57 to 641 b., 4 l-Bd.; 65 to 721 b., 3 7-Bd. North Island ewes, under 481 b., 3 7-Bd.; 48 to 641 b., 3£d.; 65 to 721 b., 2 5-Bd. Australian sheep: First quality crossbred and Merino wethers, 40 to 641 b., 3 5-Bd.; 65 to 721 b., 2 7-Bd.; second quality, 30 to 551 b., 3 7-Bd.; ewes, 36 to 551 b., 3Jd. Argentine sheep: First quality crossbred wethers, 48 to 641 b., 4jd.; 65 to 721 b., 3Jd.; over 721 b., none offering. Patagonian sheep: None offering. New Zealand lambs: Canterbury, 36 lb. and under, 7id.; 37 to 421 b., 7d.; 43 to 501 b., 6|d.; second quality, average 301 b., 6 7-Bd. Other South Island brands, 361 b. and under, 7 l-Bd.; 37 to 421 b., 6 7-Bd.; 43 to 501 b., 6id. Selected North Island brands, including Downs, 361 b. and under, 37 to 421 b., 7d.; 43 to 501b. r 6|d.; second quality, average 301 b., 6 7-'Bd. Other North Island brands, first quality, 361 b. and under, 7d.; 37 to 421 b., 6|d.; second quality, average 301 b., 6|d. Australian lambs: Victorian, first quality, 361 b. and under, 6 3-Bd.; 37 to 421 b., s<d.; second quality, 361 b. and under, 6 l-Bd. Other States, first quality, 361 b. and under, 6 l-Bd.; 37 to 421 b., s|d.; second quality, 361 b. and under, sfd.; AU States, third quality, 6}d. Argentine lambs: First quality, 361 b. and under, 5 7-Bd.; 37 to 421 b., 5 3-Bd.; 43 to 501 b., 5Jd. Patagonian lambs: None offering. New Zealand frozen beef: None offering. Australian frozen beef: None offering. Argentine chilled beef: Ox fores, 160 to 2201b.,' 4fd.; ox hinds, 160 to 2201 b., 6fd. New Zealand pigs: First quality, 60 to 1101 b., average 901 b., 5 3-Bd.; 11l to 1201 b., sd. Australian pigs: First quality, 60 to 1101 b., average 901 b., s}d.; 11l to 1201 b., sd. INCREASING DEMAND FOR SHEEP. > CATTLE MARKET STILL SLOW. The New Zealand Loan and Mercantile Agency Co., Ltd., Stratford, reports that forward lambs and wethers are keenly sought and are in short supply. There is an increasing demand for ewes in lamb to black-face rams, but most vendors are inclined to hold, them until prices harden. Most lots offering are small, prices ranging from Bs. to Bs. 6d., with bigger lines 9s. 6d. to IQs. and four and six-tooth ewes 12s. 6d.

i During the week paddock sales of I forward-conditioned lambs ranged from 18s. 6d. to 95., with wethers 10s. 6d. to Ils. 6d. Demand for in-calf heifers and weanera is still slow, good weaners quoting from £2 to £2 10a. and two-year incalf heifers from £5 to £6 ss.

At the Douglas sale on Monday there was an average yarding of sheep, twotooth wethers selling from 10s. to 10s. 4d., lambs te. to 6s. lid., forward lambs Bs. 6d. and empty ewes 6s. 6d. Cattle were sold at late rates. At Stratford on Tuesday forwardconditioned cows brought 245. to £2 and store cows 13s. to 19s. At Tarata on Friday there was a fair yarding of" sheep and cattle. Good for-ward-conditioned black-face lambs made 9s. 3d., fat and forward wether lambs 195., small lambs ss. to 6s. 3d., store cows 155., fat cows to £3, forward-con-ditioned bullocks £2' 10s., and store bullocks 2Hs. FEILDING STOCK SALE. PRICES FOR FAT SHEEP FIRM. Feilding, April 15. Fat sheep were firm at recent rates at the stock sale to-day. There was a fairly large yarding and freezing companies’ buyers again operated freely. Fat lambs: Primest 215., prime 16s. 7d. to 17e. 6d., good 14s. 6d. to 15s. 9d., medium from Bs. 6d. Fat ewes: Primest 10s. 2d., extra good Bs. Id. to Bs. 10d., good from 7s. 6d. Fat two-tooths 13s. 3d. Fat wethers: Primest heavy 13s. 3d. to 14s. 3d., prime 12s. sd. to 12s. 10d., good from 10s. 9d. Store sheep: A fair yarding. Forward wethers 125,,. fattening ewes 4s. Id. to ss, 2d., two-tooth wethers, good Ils. 7d. to 135., backward 9s. 9d. to 10s. Bd., m.a. ewes 9s. 10d., two to four-tooth ewes, S.D. rams, 9s. 10d. to 125., four-tooth

ditto 135., six-tooth to four-year ditto 12s. 3d., five-year ditto 7s. 6d. to -Bs. 6d., ewe lambs 7s. 9d. to Ils. 6d., m.s. lambs 7s. 9d., w.f. lambs 6s. to Bs. 6d., h.f. lambs Bs. 7d. There was a moderate yarding of- fat cattle of good quality; some lines were passed, others sold at late rates. Fat bullocks £5 12s. 6d., fat heifers £2 ss. to £3 155., fat cows 255. to £2 19s. 6d., store P.A. cows 225., store bullocks 30s. Dairy stock met a better demand. Heifers r.w.b., good £5 to £5 10s., others from £2 55., springing cows £5 ss. to £5 10s., heifers in milk £4 55., cows to £4 155., bulls £1 to £2. COMPANIES REGISTERED. The registration of the following companies, is reported:— Western Investments, Ltd. Regd, as a private company March 17, 1932. Capital £lOO in 100 shares of £1 each. Subscribers: Hawera: W. G. Walk-ley'99, G. Laurence 1. Objects: To deal with any moneys, of the company in such manner as from time to time be determined upon, and carry on business of moneylenders, etc. (New Plymouth, .2/32). Champion and Massam,-Ltd. Regd. as a private company March 22, 1932. Capital: £750, into 750 shares of £1 each. Subscribers: New Plymouth: G. T. Champion 188, H. S. Champion 187. Auckland: J. A. Massam 188, M. L. Massam IS 7 / Objects: To carry on the business of manufacturers and suppliers of soft goods, woollens, warehousemen, etc. (New Plymouth, 3/32). Friend (John), Ltd. Regd. as a private company March 22, 1932. Capital: £l5OO into 1500 shares of £1 each? Subscribers: Wanganui: E. H. Brooker 1499, R. V. Dyke 1. Objects: To carry on the business of Annotators of New Zealand Statutes, etc. (New Plymouth, 4/32). New Plymouth Express Co., Ltd. Regd. as a private company March 24, 1932. Capital: £3OOO into 3000 shares of £1 each. Subscribers: New Plymouth: G. F. Petherham 2000, R. E. Jackson 800, W. J. Hutchings 200. Objects: To carry on business of general carriers of goods, forwarding agents, etc., etc. (New Plymouth, 5/32).