COMMERCIAL.

Timaru Herald, Volume CXXV, Issue 18490, 4 February 1930, Page 4

COMMERCIAL.

SYDNEY WOOL SALE. MARKET SLIGHTLY HIGHER. (United Press Association— By Electrlo Telegraph—Copyright.) (Received February 3, 10.50 pm.) SYDNEY, February 3. At the wool sale, the offering totalled 9807 bales, of which 9594 were sold, with exceptionally good competition from the Continental section, supported by Bradford. The market, as compared with closing rates of last week, was par to five per cent, higher on all spinners wools. Japanese inquiry was very restricted, Greasy Merino brought 23id. POINT STOCK SALE. The fortnightly stock sale at Pleasant Point was held yesterday, good entries being received. The sale was inclined to drag, and prices were in favour of buyers. The following ‘ifllps were made under the hammer. Fat lambs.-14 at 22/-, 34 at 22/10, 31 at 23/11, 10 at 22/3, 11 at 26/3 27 at 21/3, 23 at 27/-, 61 at 24/-, 44 at Fat ewes. —9 at 18/-, 20 at 19/9, 18 at 18/1, 18 at 18/6, 16 at 19/9, 2 at 20/6, 3 at 18/-, 2 at 18/6, 12 at 22/-, 3 at 16/3, 9 at 22/10, 27 at 18/3, 14 at 19/9, 16 at 17/3, 9 at 20/-, 16 at 19/6 7 at 19/3, 40 at 19/9, 11 at 19/6, 20 at 21/3, 20 at 20/6. Fat wethers. —6 at 23/-, 11 at 24/-, 9 at 28/3, 16 at 24/9, 3 at 22/6, 13 at 25/2, 18 at 25/8, 32 at 25/7, 33 at 24 Store sheep.—29 lambs at 18/1, 76 at 16/7, 150 m.s. lambs at 20/6, 61 at 18/7 363 at 15/4, 22 2-tooth wethers at 18/6, 158 at 16/1, 50 2-tooth ewes at 22/3, 53 at 24/-, 33 2 and 4-tooth ewes at 20/-. Steers. —1 at £9, 1 at £4/10/-, 6 at £6. Cows.—l at £ll, 1 at £9/15/-, 1 at £ll/2/6, 1 at £lO/10/-, 1 at £B/7/6, 1 at £5/17/6, 1 at £5/15/-, 1 at £2/7/6, 1 at £lO/2/6, 1 at £9, 1 at £B/5/-, 1 at £7 - , Bullocks.—l at £l2/12/6, 1 at £ll 12/6. Calves.—s at 27/-, 1 at 20/-. Heifers.—l at £B/10/-, 1 at £3, 1 at £ll, 2 at £ll/10/-, 1 at £ll/5/-, 1 at £7/10/-, 1 at £5/2/6, 4 at £3/12/6, 1 at £2, 1 at £3/10/-, 1 at £B/7/6, 1 at £6/15/-. CHRISTCHURCH STOCK EXCHANGE. LATEST QUOTATIONS. I (Special to the '‘Herald.” I CHRISTCHURCH, February 3. The following quotations were current on ’Change this afternoon: — THE DAY’S BUSINESS. Sales on ’Change:—Australian Bank of Commerce, 23/6; Goldsbrough Mort, 30/3; British Tobacco, 40/3; Staples Brewery, 50/-. Sales Reported:—Dalgety and Co. (late sale, Ist February), £ll/15/-; Staples Brewery, 50/-; New Zealand

THE SHARE MARKET. By Telegraph—Press Association. AUCKLAND, February 3. Sales on ’Change.—War Bonds, 1938,

Breweries, 79/-. LATEST QUOTATIONS. Buyers. Sellers. £ s. d. £ s. d. N.Z. Government Stock4i p.c. Inscr., 1938 98 5 0 99 5 0 4i p.c. Inscr., 1939 98 5 0 — 4i p.c. Bonds, 1938 98 5 0 99 10 0 4* p.c. Bonds, 1939 98 5 0 — 5£ p.c. Bonds, 1933 — 99 5 0 5i p.c. Inscr., 1936 99 0 0 — . 5i p.c. Bonds, 1936 99 0 0 Other Debentures — Ashburton Electric 53 p.c., 1934 . . — 102 0 0 Christchurch City 53 p.c., 1955 . . — 101 10 0 N.Z. Refrigerating, Co.. 61 p.c., 1935 — 95 0 0 Banks— Aust. of Commerce 1 3 3 1 3 6 Australasia .... 11 5 0 11 8 6 Comm, of Aust. (cum. div.) . . 1 1 10 1 2 6 Comm, of Aust. (rights) .... 0 1 3 0 1 4

E., S. and A. . . ; — 6 11 0 National of Aust. (£5 paid) . » ; 7 2 0 7 6 0 National of N.Z. , — 6 9 0 New South Wales 37 0 0 38 5 0 New Zealand . . . 2 14 0 2 15 0 Union of Aust. . . 10 17 0 11 0 0 Insurance — A.P.A. — 0 7 9 National .... — 0 15 0 New Zealand (cum. div.) 2 2 0 Loan and AgencyDalgety and (Jo. . 11 10 0 11 17 6 Goldsbrough Mort 1 10 3 National Mortgage (cum. rights) — 4 0 0 N.Z. Guarantee Corporation . . 0 7 9 0 8 3 United Building Society .... 0 14 8 — National Mortgage (rights) .... — 0 0 3 Shipping— Huddart Parker . 1 16 0 1 18 6 Frozen Meat— Canterbury (ord.) — 6 17 0 Canterbury (pref) — 4 10 0 Gear — 2 0 6 N.Z. Refrigerating (£1 paid) . . . 0 10 6 0 11 0 N.Z. Refrigerating (10/- paid) . . 0 4 4 0 4 10 North Canterbury Freezing . . . — 0 3 3 Woollens— ) Kaiapoi (7/- paid) 0 3 3 0 4 3 Kaiapoi (pref.) . . — 0 14 6 Mosgiel 7 12 6 Coal — Grey Valley . . . — 1 6 0 Gas— Christchurch (cum div.) 1 6 9 1 7 0 Christchurch (10/paid, cum. div.) 0 12 10 0 13 2 Breweries— Crown (ex distribution) .... 0 7 0 — Carlton 1 18 6 2 0 0 Fosters ..... — 3 18 0 Monteiths .... — 0 19 6 New Zealand . . . 3 16 9 4 0 0 Staples 2 10 0 2 11 0 Timaru (5/- paid) — 0 8 6 Tooheys —• 1 5 0 Tooths 1 19 3 2 0 0 Miscellaneous — Allied Motors . . . — 0 3 3 Australian Distillery —■ 1 1 0 Australian Glass . — 2 5 0 Beath and Co. . . 1 9 6 1 12 6 Beath and Co. (Is paid) — 0 7 11 Booth Macdonald (pref.) .... — 0 4 6 British Tobacco . . 2 0 4 2 0 6 Broken Hill Proprietary . . — 1 3 6 Burns, Philp . . . — 1 15 9 Dunlop Rubber . . 0 0 — Electrolytic Zinc (ord. cum. div.) 1 9 0 1 10 Electrolytic Zinc (pref. c u m. div.) 1 9 0 1 10 3 Henry Jones Co.op — 1 8 0 Holden’s Motors . i 0 0 1 2 0 Hume Pipe (Aust.) — 0 16 0 Mount Lyell . . . 1 14 5 1 14 8 N.Z. Drug Co. . . . — 3 13 6 N.Z. F a r m e r s’ Co.-op. (£2 10s paid) 0 15 0 — N.Z. F a r m e r s’ Co.-op. (1st pref.) — 4 2 6 N.Z. Par m e r s’ Co.-op. (A pref) — 2 12 6 N.Z. F a r m e r s’ Co.-op. (B pref) 2 13 0 — N.Z. F a r m e r s’ Fertiliser . . . 1 0 3 1 1 8 Mining— Mahakipawa . . . 0 0 3 0 0 4 Stoney Creek (6d paid) 0 0 8 0 0 9 Winding Creek (Is paid) 0 0 10 Winding Creek (6d paid) 0 0 7