FINANCE AND COMMERCE

Taranaki Daily News, 18 June 1932, Page 10

FINANCE AND COMMERCE

SHAREMARKET TRANSACTIONS.

NEW ZEALAND QUOTATIONS.

Christchurch, June 17'. —Sales on Exchange: New Zealand Government 5| per cent, inscribed, September, 1937, £lOO 15s; Commercial Bank of Australia, 13s (id; Bank of New Zealand (cum. div.), 41s 3d, 41s 4d; Goldsbrough Mort (cum. div.), 19s 2d, 19s (3), 19s Id (2), 19s 2d (2), 19s Id (6); New Zealand Refrigerating (10s paid), 4s; Tooth's Brewery, 25s sd; British Tobacco (cum. div.), 27s 3d; Mt. Lyell, 15s 7d, 16s 6d (3); Moturoa Oil, 3s 8d; Golden Point. 7<l (2). Sales reported: New Zealand Government 5j per cent, inscribed, 1933, £lOO 10s; Bank of New Zealand (cum. div.), 41s 3d; New Zealand Refrigerating (£1 paid), Ils (late sale 16th); Tooth’s Brewery, 25s 9d; Bank of New Zealand “D” mort. shares, 265; New Zealand Insurance, 37s lOd. Auckland, June 17.—Sharemarket sales: New Zealand Government 5 J per cent, bonds, September, 1937, £99 los; 51 per cent, stock, 1933, £9B 10s; per cent, stock, September, 1937, £99 17s 6d; Auckland Fire Board, 6 per cent., June, 1939, £lOO 10s; Commercial Bank, 13s sd; National Bank New Zealand, £2 19s; Bank of New Zealand (cum. div.), 4ls 6d; New Zealand Insurance, 37s 9d, 38s; Tooths Breweries, 25s 9d; Wailii, 14s Id, 13s lid; New Zealand Breweries, 24s Gd.

SYDNEY MARKET QUIET.

By Telegraph—Press Assn. —Copyright.

Rec. 9 pan. Sydney, June IT. There was' a quiet market and prices displayed a tendency to ease on the Stock Exchange to-day. Bonds, however, presented a fairly firm front and banks were firmer. Sales were: Commercial Bank of Sydney, £l6; Union Bank, £? 10s; Adelaide Steam, 18s 3d; Colonial Sugar, £45 7s 6d; Fairymead Sugar, 245; Millaquin Sugar, 25s 6d; Tooth’s Brewery, 28s 4Jd; Toohey’s Brewery, 18s 4Jd; Australian Glass (New Zealand delivery), 39s 6d; Goldsbrough Mort, 21s 9d; Dunlop Perdriau, 12s 2d; British Tobacco, 30s Gd; Burns Philp, 435; Carlton Brewery, 30s 9d; Broken Hill Proprietary, 16s IJd; North Broken Hill, 59s Gd; Commonwealth 4 per cent; bonds, 1938, £93 15s, 1941 £92 10s, 1944 £9l 17s 6d, 1947 £9l 15s, 1950 £9l 12s Gd, 1953 £9l 10s, 1955 £B9 Us 3d, 1957 £9O, 1959 £9O, 1961 £9O ss.

Melbourne reports the following sales: Commercial Bank of Australia, 15s 3d.

CANTERBURY PRODUCE MARKET.

HIGH ONIONS PRICE NOT HELD.

By Telegraph.—Press Association.

Christchurch, Last Night.

The potato market it} a little steadier though values are very little altered. The Wingatui on Wednesday, on account of the later sailing, took a bigger consignment from 1 Lyttelton than the trade expected. Altogether from Tiniaru and Lyttelton the Wingatui took 8300 sacks, as against an’ anticipated cargo of about 4500 sacks. The larger shipment caused a slackening of inquiry. Prompts were sold for the Wingatui at £6 15s, but to-day the figure is £6 10s with Junes at £6 12s 6d, Julys at £7 and July-Septembers at £7 10s. Values to farmers are £5 10s for June delivery and £6 for July, no price being quoted for July-September. The next boat advertised is the Waipiata on June 22. The sky-high price of onions has not held. There is no f.o.b. sacks in quotation at the moment, but the nominal quotation on trucks is £l3 10s a ton. Fowl wheat is steady at 4s 9d f.o.b. for prompt. Oats are neglected. Southern quotations are 3s 7d f.o.b. sacks in for A Gartons and 3s 3d for B’s. Seed prices are unaltered. MAHAKIPAWA GOLD PRODUCTION. Christchurch, Last Night. The Mahakipawa return for the week was 41 ounces of alluvial gold. SHAW, SAVILL COMPANY. NO DIVIDEND TO BE PAID, By Telegraph—Press Assn.—Copyright London, June 16. The Shaw, Savill and Albion Shipping Company has available £127,907, including £64,240 brought forward. There is no dividend on ordinary shares and £118,139 is being carried forward. IMPROVEMENT IN CONSOLS. VALUE OF ISSUE ENHANCED. (British Official Wireless.) Rec. 5.5 p.m. Rugby, June 10. Four per cent. Consols went over par on the Stock Exchange to-day for the first time since this loan was issued, the quotation being £lOO Is 3d. There is £341,767,000 of this stock in issue. It was first issued at the end of 1926 at £75 per eent. and since then has been added to by conversion offers to the Treasury and the main bondholders. Late in September the loan changed hands at £77 10s per cent, and the market appreciation in the past nine months has amounted to no less than £76,800,000. EGGS AND POULTRY. PRICES AT NEW PLYMOUTH. The range of prices for eggs at New Plymouth during the week was: First grade hen eggs, Is lOd to 2s 3d; mixed. Is 91d to Is lid. Nolan and Co. quoted the following prices for poultry: Hens, Is 6d to 3s 7d; pullets, 2s fid to 4s 9d; cockerels, 2s to 4s 6d; small, lOd to Is 3d; ducks, Is fid to 2s 6d; bantams, Is; geese, 3s 3d; turkeys, 5s to 6s 9d. RETAIL FISH PRICES. Retail prices for fish at New Plymouth were quoted as follow— Schna.pper: Whole 7<l per lb; trimmed, lOd; filleted, eight pieces Is. Terekihi: Whole 6cl per lb; trimmed, lOd; eight pieces Is. Smoked: Schnapper, lOd per lb; terekihi, Is 3d per lb; blue cod. Is 3d per lb. STUD JERSEY STOCK. SALE AT PALMERSTON NORTH. POOR PRICES REALISED. Palmerston N., June 16. The annual winter Jersey show and sale was held at the showgrounds at Palmerston North this morning, and attracted 47 entries. These comprised 20 stud Jersey cows and in-calf heifers, 11 slud yearling heifers and l(i stud bulls. The entries came forward in good condition, but tile prices were poor, and the bidding slow. Of the 47 head offered, only 24 head was sold, the remaining pens being passed in. The top price of 37 guineas was paid by Mrs. Moeen, of Raetihi, for a yearling bull, offered by Mrs. A. Banks and Son, of Feilding. Mr. H. R. Masters, of Sanson, paid 30 guineas for a yearling heifer from the same bi- eders, and Mr. M. A. McLeod, of Taonui, paid 29 guineas for a yearling bull bred by Mr. H. J. Lancaster, of Glen Orona. The lowest price received was 5 guineas.