COMMERCIAL.

Timaru Herald, Volume CXXV, Issue 18554, 29 April 1930, Page 10

COMMERCIAL.

CHRISTCHURCH STOCK EXCHANGES. (Special to the “Herald.”) CHRISTCHURCH, April 23. The Stock Exchange re-opened today after being closed since the Thursday before Easter. Quotations ruling at the afternoon call were as follows: —

Sales on ’Change.—National Bank of Australasia (£5 paid, cum div.), £7/2/-, £7/5/-, £7/9/-; Union Bank of Australia, £ll/18/-; Auckland Gas, 23/9; New Zealand Breweries, 53/-; Tooth’s Brewery, 31/9 (3), 32/-; British Tobacco, 40/3, 40/2, 40/3; Mount Lyell, 28/3; Stoney Creek (6d paid), 7d; Cornish Point (1/- paid), 9£d, Sid; Staples Brewery, 49/-, 48/9. Sales reported.—British Tobacco, 40/3; Mount LyeTi, 28/3; National Bank of Australasia (£5 paid, cum div.), £7/8/-; Bank of New Zealand, 58/-, 58/3, 58/6. THE SHAREMARKET. By Telegraph—Pre»* AuocltUon. AUCKLAND. April 28. Sales on ’Change.—Bank of New Zealand 59/- (2); South British Insurance 60/6; New Zealand Guarantee Corporation 7/11; North Auckland Farmers’ Corporation (B pref.) 8 1; Auckland Gas 23/9 (2); New Zealand Farmers’ Fertiliser 18/9; Waihi Gold Mines 13/10 (2). WELLINGTON, April 28. Sales reported.—New Zealand Government Stock U p.c. (1539) £97 10s: New Zealand Government Stock 41 p.c. (1938) £97 10s; Bank of New South Wales £39 8s; Huddart, Parker (pref.) 19/3. LONDON MEAT MARKET. DALGETY’S REPORT. LONDON. April 26. Frozen meat. —The market for New Zealand lamb is weaker, and demand is not improved by the change in prices. New Zealand mutton also is weaker, and demand poor. New Zealand beef is unchanged, with limited demand. New Zealand pork is weaker, and demand is poor owing to warm

weather. Australian lamb and mutton are weaker, and demand is poor. We quote:— New Zealand prime lamb, 28 to 361 b. Canterbury Bld, North Island 72d; 36 to 421 b, Canterbury 7*d, North Island 7gd; 42 to 501 b, Canterbury 7d, North Island 63d. New Zealand prime mutton, 48 to 561 b, Canterbury 6d, North Island 53d; 56 to 641 b, Canterbury s*d, North Island sid; 64 to 721 b, Canterbury sd, North Island 43d; ewes, 48 to 641 b, Canterbury 4Esd. Australian lam’J, g.a.q., 36 to 421 b, 7d; Australian mutton, f.a.q., 30 to 551 b, 4id; Australian ewe, 4d. Beef.—New Zealand prime ox, fores 4id, hinds 6d; Argentine chilled, fores 3id, hinds 6*d. Pork.—English and Dutch 10*d; New Zealand A porkers, 80 to 1001 b, 9£d, B porkers, 100 to 1201 b, 83d. DAIRY PRODUCE. The market is firm, and holders are asking 2/- more. Butter.—Danish 138/- to 140/-; New Zealand, finest salted, 128/- to 132/-; Australian, finest unsalted and salted, 124/- to 128/-; Australian g.a.q/ 118/to 122/-. Cheese.—New Zealand, white 77/- to 78/-, coloured 80/- to 82/-; Canadian, white 94/- to 100/-, coloured 94/- to 98/-.

Buy Sellers. £. s d. £. s. d. N.Z. Govt. Stock — Ah p.c. Inscr., 1938 97 12 6 98 2 6 Ah p.c. Inscr., 1939 97 12 6 — Ah p.c. Bonds. 1938 97 12 6 — Ah p.c. Bonds, 1939 97 12 6 — 5 h p.c. Inscr., 1933 99 5 0 99 10 0 5£ p.c. Bonds, 1933 99 5 0 — 5£ p.c. Inscr., 1936 99 5 0 — 5i p.c. Bonds, 1936 99 5 0 — 5 h p.c. Inscr., 1937 99 5 0 — Other Debentures Glaxo. 61 p.c., 1945 91 0 0 — N.Z. Refrigerating, 6 h p.c., 1935 . . 95 0 0 98 7 6 Banks— Aust. of Comm. . 1 3 6 1 3 9 Comm, of Aust. . 1 1 5 1 1 8 E„ S. and A. (cum. div.) — 6 12 6 Natl, of A/asia (£5 paid, cum div.) 7 7 0 7 9 0 Do. (£10 paid) . . 14 16 0 — National of N.Z. . 6 3 6 6 10 0 New South Wales 38 10 0 38 15 0 New Zealand (cum div.) 2 18 6 2 18 9 Union of Aust. . . 11 16 6 11 18 0 Insurance — New Zealand . . . — 2 5 0 National (cum div) 0 14 3 0 15 0 Queensland . . . — 2 10 6 South British . . 3 0 0 3 1 6 Loan and Agency Dalgety and Co. (cum. div.) . . 11 0 0 11 3 6 Goldsbrough Mort 1 10 0 1 10 6 National Mortgage 3 0 0 — N.Z. Guarantee Corporation . . — 0 8 1 United Building Society .... 0 13 7 0 14 1 Shipping— Huddart Parker . — 1 0 0 Frozen Meat— Canterbury (pref) — 4 5 0 N.Z. Refrigerating (£1 paid) . . . 0 10 1 0 11 10 North Canterbury Freezing . . . — 0 2 9 Wellington .... 8 0 0 — Coal— Grey Valley . . . 1 4 3 1 7 0 Gas— Auckland .... 1 3 6 1 3 9 Christchurch . . . 1 6 1 1 6 4 Timaru 1 1 1 1 3 3 Breweries— Monteiths .... — 0 19 6 New Zealand . . . 2 13 0 2 13 6 Staples 2 8 9 2 9 6 Tooths 1 12 0 1 12 3 Ward — 0 17 0 White Star .... — 0 15 0 Miscellaneous— Allied Motors . . — 0 2 6 Amalgamated Wireless (con.) 0 19 0 1 4 0 Beath and Co. (1/paid) 0 6 3 0 7 0 Booth, Macdonald (pref.) 0 2 9 0 3 9 British Tobacco . 2 0 2 2 0 3 Colonial Sugar . . 39 5 0 — Burns, Philp . . . — 1 16 9 Dunlop Perdriau Rubber .... 0 16 0 0 17 0 East African Coffee 1 1 0 — Hayward’s Pictures — 0 15 0 Mount Lyell . . . 1 8 2 1 8 4 N.Z. Drug Co. . . — 3 10 0 N.Z. Sugar of Milk — 1 0 0 New Colosseum . . — 2 7 6 N.Z. Farmers’ Co-op. (1st pref) — 4 2 0 N.Z. Farmers’ Co-op. (D pref) — 2 11 6 N.Z. Farmers’ Co-op. (A pref) — 2 12 6 N.Z. Farmers’ Co-op. (B pref) — 2 10 0 N.Z. Farmers’ Co-op. (6i p.c. Stock, 1939 . . — 89 0 0 N.Z. Farmers’ Co-op. (6i p.c. Stock, 1940) . . — 91 0 0 N.Z. Farmers’ Fertiliser . . . 0 17 0 North Canterbury Co-op. Flour . 0 17 7 United Pictures . . 1 4 6 Victoria N y a n z a Sugar 1 17 0 2 0 0 Mining— Alexander . , . . — 0 15 9 Mahakipawa . . . — 0 0 1 Stoney Creek (6d paid) 0 0 6 0 0 7J Winding Creek (1/paid) 0 0 5 0 1 0 Winding Creek (6d paid) 0 0 2 0 0 8 Cornish Point (1/paid) 0 0 8 h 0 0 9 THE DAY'S SALES.