FINANCE AND COMMERCE

Taranaki Daily News, 2 September 1933, Page 12

FINANCE AND COMMERCE

SHAREMARKET TRANSACTIONS. NEW ZEALAND EXCHANGES. Transactions on the New Zealand stock exchanges yesterday are reported by the Press Association as follows:— Wellington: Sales on exchange: Bank of New Zealand 48s 4d; Wellington Gas 33s 7d. Dunedin:—Sales on exchange: King Solomon, 2s 6d; Bell-Hooper, 104 d. Reported sales: New Zealand Breweries, 38s 2d; Dunedin Brewery, 23s 6d;; Paddy’s Point, 5s (after call); Freshford, B|d. Christchurch: New Zealand Government, 4 per cent. Inscribed. 1940, £lOl 2s 6d; Bank of New South Wales, £32 10s; Bank of New Zealand, 48s sd; Union Bank of Australia, £9 6s; Goldsbrough Mort, 28s 7d, 28s 9d, 29s 4d (4 lots); New Zealand Refrigerating (£1 paid), 18s 6d (2 lots), 18s 7d, 19s 2d; New'Zealand Refrigerating (10s paid), 8s Bd, 8s 9d, 8s lOd (5 lots); Electro. Zinc (prof., cum div.), 33s 2d; Mount Lyell, 21s 9d (2 lots), 21s lOd; Wilson Cement, 34s 7d (2 lots); Alexander Mines (13s 6d paid), 20s sd, 20s 3d; Bell Hooper (9d paid), 10id

(2 lots); Blackwater Mines, 37s 6d, 375, 37s sd, 37s 4d, 37s sd; Mahakipawa, 2d; Nukomai, 3s Id (2 lots), 3s Old; Okarito (cum div.), Ils 9d (2 lots). Sales reported: Commercial Bank of Australia, 16s Id (2 lots); Bank of New South Wales, £32 Ils 6d; Bank of New Zealand, 48s 6d; New Zealand Guarantee Corporation, 6s 8d; New Zealand Refrigerating (10s paid), 8s 6d (2 lots), 8s lOld; Kaiapoi Woollen (17s paid), 8s 3d, 8s 4d; New Zealand Breweries, 38s 2d. . Auckland: New Zealand Government Stock, 1938-52, 3J per cent., £101; Commercial Bank of Australia, 16s Id (2 lots); ditto (pref.), £8 14s; Bank of New Zealand, 48s 6d, 48s 4Jd, 48s 6d; New Zealand Insurance, 52s 6d (2 lots); Auckland Gas (con), 17s; Wellington Gas, 33s 6d; Devonport Ferry, 20s; Con. Brick, 5s lOd; Electro. Zinc, 235; Gear Meat, 31s 6d; National Timaru, ss; Farmers’ Fertiliser, 16s; New Zealand Refrigerating (con.), 8s 8d; Big River, Is 7d; King Solomon, 2s 6d (4 lots); Mataki, 2s Id, 2s 2d, 2s 3d, 2s 2d; Waihi, 26s 3d (2 lots); Bulolo Gold, 945; Mount Lyell, 21s 8d; Glaxo Debentures, 1945, 61 per cent., £B5. CANTERBURY PRODUCE PRICES. POTATO MARKET AGAIN EASIER. By Telegraph—Press Association. Christchurch, Last Night. The potato market has eased further during the week and values to-day were down to £3 5s a ton f.o.b. sacks in, for prompts, equal to £2 5s on trucks. Septembers are quoted at £3 10s f.o.b. sacks in. The Waimarino sailed in the midweek with a cargo of 5500 sacks from both ports. So few potatoes are wanted in the north that this quantity is likely to keep traders off the market in the meantime. It is thought that southern potatoes will be wanted later than usual on account of frosts in the Auckland crops, but on the season’s experience so far the quantity cannot be large. Fowl feed IS quoted at up to 3s 5d a bushel f.o.b. hacks extra, but from 3s 6d to 3s 6£d is quoted for better than grade. The market for partridge peas is weaker, values to farmers being 3s 6d a bushel on trucks. The oats and chaff markets are lifeless. Grade A Gartons are quoted nominally- at 2s 4d to 2s 5d at Lyttelton. A final increment of a halfpenny a bushel attaches to milling wheat for this month. The prices to farmers now are Tuscan 3s 9d, Hunters 3s lid, Pearl 4s Id, all f.o.b.