STOCKS AND SHARES

Taranaki Daily News, 14 March 1935, Page 16

STOCKS AND SHARES

NEW ZEALAND EXCHANGES. YESTERDAY’S TRANSACTIONS. Dunedin: —Reported sales: Bank of New South Wales, £3O; Wright Stephenson (pref.), 19s 6d; Kaitangata Coal, 20s 3d; Electrolytic Zinc (ord.), 21s lOd; Kildare, 3s 6d; 1946 Stock, £lO5 15s. Auckland:—Sharemarket sales: Bank of New South Wales, £3O (2); Bank of New Zealand. 49s 3d (2); Guarantee Corporation, 5s lOd; Renown Collieries (pref.), 2s 4d; Colonial Sugar, £4l 12s 6d,_ £4l 10s; Waihi Junction, 4s 9d; Mt. Lyell, 17s lid. Unofficial list: Loyal, 20s 6d. • Christchurch: ■ Unlisted stocks: Argo Gold, Is sd; Woolworths, Sydney (ord.), £4 10s 6d. Sales on exchange: Commercial Bank of Australia (pref.), £9 17s 6d; National Insurance, 21s 2d (three parcels); New Zealand Breweries, 51s 7d, 51s 6d; Tooth’s Brewery, 48s 3d; British Tobacco (cum div.), 37s 9d; Dunlop Rubber, 18s (three parcels); Electrolytic Zinc. (ord..), 225; Big River, 2s 3d (four parcels); Kildare, 3s 6d, 3s 5Jd; Mahakipawa, lOJd; Mossy Creek, 2s 6d; Mount Lyell, 17s lOd; Skippers, 5Jd (two parcels). Sales reported: New Zealand Breweries, 51s 7d; Electrolytic Zinc (ord.), 225; Alexander Mines (15s paid), 16s 9d; Brian Boru, 2jd; Mahakipawa (late sale Tuesday), lid; Waihi Grand Junction, 4s 9d. PRICES AT TAUMARUNUI. LOWER QUOTATIONS FOR SHEEP. (Special to Daily News.) Taumarunui, March 12. The yarding at the Taumarunui sale to-day comprised 4000 sheep, 25 pigs and 20 head of cattle. Although there was a large attendance of farmery and outside buyers, the bidding was dull and values were much below late rates. There was a fair demand for lambs, but ewes were hard to quit and a large portion of tire entry was passed in, vendors not being prepared to accept lower rates. Store wethers, too, were hard to dispose of and the best fat wethers made up to 22s 7d. Pigs were dull of sale, and cattle showed little advance on late rates. The following prices were realised:— Pigs: Weaners, 6s, 7s, 8s 6d to Ils; store pigs, 10s to 13s; porkers, 24s to 255. Sheep: Fat wethers, 21s Id to 22s 7d; fat ewes, 16s; poor conditioned wethers, 7s 9d; two-tooth wethers, 18s 2d, 18s lOd to 21s 2d; two-tooth ewes, 25s 6d to 265; four-tooth ewes, 27s Id; four and fiveyear ewes, 225-to 22s Id; five-year ewes, 225; m.a. ewes, 16s 3d to 21s 7d; old ewes, 7s Id to 10s Id; ewe lambs, 13s 3d; wether lambs, 11s sd, 12s 4d to 13s Id; m.s. lambs, 10s 6d to 11s Id; good conditioned lambs, 15s 3d to 16s; fat lambs, 19s. Cattle: Fat cows, 30s to SLIGHT DROP IN WOOL PRICES. FIRMER THAN ANTICIPATED. By Telegraph—Press Assn.—Copyright. London, March 12. At the wool sales a total of 8766 bales were offered, including 3643 from New Zealand and 1046 from Australia. The selection was poor. Approximately 3804 bales of Australian and New Zealand were sold. There was a large attendance and competition was general and brisk, especially from Yorkshire. There was a strong undertone and the market was firmer than was generally anticipated. Compared with February closing rates, Merinos, greasy fine were unchanged, medium to low declined 5 per cent., crossbreds fine declined 5 to 10 per cent., medium declined 5 to 7% per cent., and coarse were par to 5 per cent. down. New Zealand prices were: Greasy crossbred, Katataue, top price 9%d, average 7 3-8 d; half bred, Gear, top price !o%d, average 10 7-Bd. SYDNEY WOOL SALE. — > Rec. 8 p.m. Sydney, March 13. At the wool sales 12,292 bales were offered and 11,163 sold, and 1573 were sold privately. Bidding was spirited from Yorkshire and Japan, and there was good support from the Continent. Prices were very firm. Greasy Merino sold to 17Jd.