FINANCE AND COMMERCE

Taranaki Daily News, 9 June 1932, Page 16

FINANCE AND COMMERCE

WAIKATO LIVE STOCK VALUES.

MARKET RATES STEADY.

Hamilton, Juno 7. A fairly heavy offering of ox 'beef and an average yarding of cow beef met with a steady demand at the Frankton stock sale to-day. Prices for good quality sorts showed ‘little variation on' last wpek’s rates, but plain and inferior animals were easier of sale. Fat ewes and wethers were again penned in larger numbers than usual, and values showed no improvement on last week’s quotations. Owing to the short supply, bacon - ers sold at slightly increased rates, while prices for porkers also showed, a firming tendency. Sheep: Heavy fat wethers sold at 12s 6d to 14s; lighter, Ils to 12s; killable, 9s to 10s 6d; fat ewes, 5s 6d to 6s 6d; lighter, 4s 9d to 5s Id.; heavy prime fat lambs, 17s; heavy, 12s 6d to 14s; medium, Ils to 12s; light, 9s to 10s 6d; runners, 24s to 28s.

CattleVealers, 14s to 18s; medium fat steers, £5 5s to £6; light, £4.to £4 10s; heavy fat cows, £3 16s to £4 9s; medium fat cows and heifers, £2 14s to £3 4s; light, 32s 6d to £2 ss; store cows, 16s to '2os; boners, 6s to 14s; ■empty two-year heifers, 8s to 15s good Jersey cows, £5 to £6.105; backward, £2 10s to £4 10s; Friesian cows, 30s to £3; pedigree Jersey cows, 2Jgns to 7gns; cows in milk, £2 to £5; Shorthorn heifers, to £3 ss. Pigs: Heavy baconerg, £2 4s to £2 6s; medium, £2 .to £2 3s; heavy porkers, 25s to 28s; medium,-21s to 245; stores, Ils 6d to 14s; slips, 9s 6d to 13sj weaners, 5s to 9s; sows, with litters, £2 2s Gd to £2 17s. ‘ DAIRY PRODUCE PRICES. TWO SHILLING DROP ALL ROUND. The ‘butter market is quiet, quotations being from 96s to 975, reports, the Anglo-Continental Produce Co. Ltd. Danish is selling at 84s f.o.b. The cheese market is quiet at 54s to 555. These prices are a reduction of , two shillings on both butter and' cheese since the last reports received at the end of last week. GOOD COMPETITION FOR WOOL. FIRM MARKET AT SYDNEY SALES. By Telegraph—Press Assn.—Copyright. Rec. 9.30 p.m. Sydney, June 8. Of the 6225 bales offered at the wool sales to-day 4652 were sold, in addition to 1505 disposed of privately. The market for: all descriptions was. firm' and there was excellent competition. Greasy Merino made Hid. a lb.

SHAREMARKET TRANSACTIONS. Auckland, June B:.Sharemarket sales: Bank of New South Wales, £25 2s. 6d.; Commercial Bank of Australia, 13s. 6d.; Bank of New Zealand, 425. 9d.; New Zealand Insurance, 365. 7£d.; South British Insurance (two parcels), 50s. 6d.; Union Steam, pref., 19s. 3d.; Colonial Sugar, £4O 10s.; Farmers’ Trading, 3s. 9d.; New Zealand Fertiliser, 125.; . Blackwater, Bs. 6d.; Golden Point, old. Wellington, June 8: Sales reported: New Zealand Government, 4} per cent, stock, 1938, £92 ss. (late sale Tuesday); Bank of New Zealand (cum. div.), £2 2s. lid.; Bank qf New South Wales, £25 2s. 6d.; Goldsbrough, Mort, t £l Is. 6d.

AUSTRALIAN SHAREMARKETS.

PROFIT-TAKERS RATHER ACTIVE.

By Telegraph—Press Assn.—Copyright.

Rec. 9.30 p.m. Sydney, June 8. The Stock Exchange market continues firm and active. There was a slight reaction here and there, profit-takers being somewhat active to-day. Sales were; Bank of New South Wales, £29 2s. 6d.; Commercial Bank of Sydney, £l6' 155.; National Bank (£5 paid), £5 12s. 6d.; Colonial Sugar, £45 155.; Australian Provincial Assurance, 4s. 5d.; New Zealand debentures, 5J per cent,, 1937, £110; Australian Gas B, 117 s. 6d.; Tooth’s Brewery, 295. 3d.; ditto (New Zealand delivery), 295. IJd.; Toohey’s Brewery, 19s. 3d.; Dunlop Perdriau, 13s. 4d.; Goldsbrough, Mort, 235, IOJd.; British Tobacco, 325.; Fairymead Sugar, 245.; Millhquin Sugar, 255. 10|d.; Winchcombe and Carson, 195.; South Broken Hill, 40s. 3d.; North Broken Hill, 60s. 6d.; Commonwealth 4 per cent, bonds, 1938, £96 13s. 9d.; 1941, £92 2s. 6d.; 1947, £9l; 1950, £9l 12s. 6d.; 1955, £92; • 1957, ,£9l 155.; 1959, £9l 12s. 6d. , ' ' ‘ Melbourne reports the following sales: Commercial Bank of Australia, 14 s. 10d.; Dunlop Perdriau (pref.), 255. 4|d.; Herald and Times, 485.; North Broken Hill, 60s. 6d.; Mount Lyell, 18s. 7d.

SHAREMARKET TRANSACTIONS,

Christchurch, June 8: Sales on exchange: New Zealand Government 4> per cent, inscribed, 1938, £92 17s 6d; New Zealand Government 5J per cent, inscribed; February, 1937, £99 l'2s 6d; Commercial Bank of Australia, 13s 4d: National Bank of New Zealand, £3 Is 6d; Bank of New Zealand (cum. div.), 42s lOd (three parcels); Goldsbrough Mort, 21s 6d (two parcels), 21s sd, 21s 4d; New Zealand Refrigerating, (£1 paid), Us ad; New Zealand Refrigerating (10s paid), 4s;.New Zealand. Breweries (cum. div.), 24s 5d (two parcels), 24s 6d; Mount Lyell, 16s 6d (two parcels); Golden Dawn, 5s 7d. 5s 7|d (three parcels); Golden Point, 5d (three parcels); Mahakipawa, 4d; Mahakif>awa (pref.), 6d (three parcels); Okarito (ex. dividend), 9s; Waihi, 15s. Sales reported: Commercial Bank of Australia, 13s 6d (late sale 7th); Commercial Bank of Australia, 13s 6d; United Building Society, 14s.