COMMERCIAL.

Timaru Herald, Volume CXXXVI, Issue 19093, 27 January 1932, Page 14

COMMERCIAL.

CHRISTCHURCH STOCK EXCHANGE. LATEST QUOTATIONS. (Special to the “ Herald.") CHRISTCHURCH, Jan. 26. The following were the quotations current on ’Change after the afternoon call:—

Sales on ’Change.—Comm. Bank of Aust., 14 10: Bank of New Zealand, 44 2 (2), 44/3; Union Bank of Aust. (cum. div.). £7/10/-; Goldsbrough Mon., 23/6 (2); N.Z. Refrig. (£1 paid, cum. div.), 11/4 (2; Mt. Lyell, 20/11; Golden Foint, lOd, 10*d, lid (6); Golden Dawn. 7.91; King Solomon, I 2/21; Okaritc. 9/11 (2); N.Z. Govt. 4i j p.c. Inscr., 1939. £93. Sales Reported.—N.Z. Govt. 4£ p.c. Inscr., 1938. £95; Union Bank of Aust. I (cum. div.), £7 10/6; N.Z. Refrig. (10/paid, cum. div.), 4/10. TEMIKA SALE. FAT EWES IMPROVE. An entry of about 60 head of medium 1 quality fat cattle met with a slacker demand at Temulia yards yesterday. The auctioneers started the sale on time, but unfortunately, some of the butchers were late, and the first few • pens did not met with strong competition. However the sale improved later, although prices were not on a par with late sales. Best steers made to £7; fat heifers, £3/-/- to £4/15/-; best fat cows to £6/5/-; medium cows £3/-/- to £4/10/-; 1 inferior cows. 30/- to £2/-/-; runners, £2/-/- to £3/5/-; vealers to 30/-. ) In the store pens, only a small num-

ber were forward. Empty cows made (from 11/- to 20/-; calves to 8/6. Low I condition cows in profit brought up to £2/10/-. The fat sheep sale improved by about 2/- per head. Only two pens of fat wethers were forward, these selling at from 13/6 to 16/3. The fat ewe sale was a spirited one, and the I iarge yarding changed hands with dis- | patch. Best butchers' ewes fetched up j to 11/2; medium ewes. 8/6 to 10/-; ex- | porters’ ewes, 4/- to 7/6. I The store sheep sale was not a • buoyant one, sales being effected at ! low values. Medium 2-tooth wethers 1 sold up to 8 6; s.m. half-bred ewes, at 3/-; 6 and 8-tooth half-bred ewes at i 5/3. ! A splendid line of of 160 Crossbred rape lambs was passed at 7/-. i : The number of pigs yarded was • ; smaller than usual, and prices were | down by about 2/6 a head on those at i last sale. Weaners made from 9/- to I 14/-; and good stores were selling round about 20/- per head. ) { Three young draughts were offered after the sheep sale, and two good four-year-old geldings changed har.ds at £29 and £25. About 350 fat lambs were keenly bid 3 for by exporters, the best price of the day being 15 8.

Buvers Sellers £ s. d. £ s. d. N.Z. Govt. Debs.— 4i p.c. Inscr, 1938 95 0 0 95 10 0 4 h p.c. Inscr.. 1939 94 10 0 95 10 0 4-i p.c. Bonds, 1938 94 10 0 96 0 0 41 p.c. Bonds, 1939 99 10 0 — 5 p.c. Inscr., 1937 — 98 0 0 51 p.c. Inscr., 1933 98 0 0 — 51 p.c. Inscr., 1933 — 99 7 6 51 p.c. Inscr., 193G 99 12 6 100 0 0 51 p.c. Bonds, 1936 99 0 0 — 51 p.c. Inscr., 1937 99 15 0 100 0 0 51 p.c. Bonds, 1937 99 17 6 100 0 0 5i p.c. Inscr., 1951 99 15 0 — Other Debentures— Waitomo County, 6 p.c., 1964 . — 100 0 0 Hauraki Plains, 6 p.c., 1962 . — 100 0 0 Ch.Ch. Drainage, 51 p.c., 1938 . . 98 10 0 — Glaxo, 61 p.c., 1945 85 0 0 — N.Z. Refrigerating, 61 p.c., 1935 . . Gisborne Sheep94 0 0 99 0 0 farmers, 61 1941 . . p.c., 74 10 0 — Banks— Australasia . 8 15 0 Comm, of Aust. . 0 14 10 0 14 11 Comm, of Aust. (pref. cum. div.) 6 5 0 6 15 0

Comm, of Sydney (cum div.) . . 15 0 0 ] E. S. and A. . . National of A/asia 4 7 6 4 9 o! (£10 paid) . . . 10 0 0 Natl, of N.Z. . . 3 2 6 3 13 6 New South Wales 25 0 0 28 0 0 New Zealand . . New Zealand (“D” 2 4 2 4 4 Mort. shares) . Union of Aust. 1 5 6 (cum. div.) . . . 7 10 0 7 11 0 Insurance — National . . New Zealand (cum 0 12 8 0 13 0 div.) .... 1 19 9 2 0 9 Queensland . . . 1 7 0 — South British . . 2 14 0 Loan and Agency Dalgety and Co. . 7 10 3 7 15 0 Goldsbroueh Mort. 1 3 6 1 3 9 N.Z. & River Plate N.Z. Guarantee 1 0 0 Corporation . . United Building 0 4 6 0 5 0 Society 0 14 10 Shipping— P. and O. Deferred Stock 1 1 6 — Union (pref.) . . . . 0 19 6 1 0 6 Frozen Meat— Canterbury (pref.) — 4 10 0 N.Z. Refrigerating (£1 paid, cum. div) 0 11 2 0 11 4 N.Z. Refrigerating (10/- paid, cum. div.) 0 4 9 0 4 10 Woollens— Kaiapoi (17/- pd.» 0 5 6 0 8 0 Mosgiel 6 17 9 — Coal—

Westport 1 2 7 1 4 0 Stockton (ord.) . . 0 0 4 Stockton (pref.) . Hikurangi (“B” 0 0 6 pref.) 0 5 0 Gas — Christchurch (cum. div.) 1 7 0 1 7 3 Christchurch cum. div. (10/- pd.) 0 L2 8 0 13 S Timaru 0 18 0 Breweries — New Zealand . . • 1 5 9 1 6 7 Staples 1 8 0 Tooths ...... 1 3 3 1 3 8 Miscellaneous — Amalgamated Wire* 17 less (contr.) . . 0 0 Australian Glass . 1 9 0 — Beath and Co. . . Beath and Co. (1/0 17 0 1 0 0 paid) — 0 1 0 British Tobacco . 1 6 7 1 6 11 Colonial Sugar Dominion Builders 39 10 0 — Supplies .... Dunlop Perdriau 0 1 6 0 2 6 Rubber .... 0 11 8 0 12 3 Electrolytic Zinc (pref.) .... 1 0 3 — Howard Smith . . — 0 9 0 Kauri Timber . . . 0 5 0 — Moturoa Oil . . . 0 2 0 0 4 9 Mount Lyell . . . 1 0 10 1 1 0 N.Z. Drug Co. . . N.Z. Farmers’ 2 5 9 2 8 0 Co-op. ( “B” pref.) .... 0 19 0 N.Z. Farmers’ Co-op. (6* p.c. Stock, 1940 ana 1945) 43 0 0 Victoria Nyanza Sugar 0 15 0 — Woolworths (N.Z.) (pref.) 1 4 9 — Wunderlich .... 0 7 0 0 17 0

Mining — Alexander .... 1 0 0 Cornish Point . . 0 0 3 0 0 3i Golden Dawn . . . 0 7 9 0 7 9i Golden Point . . 0 0 10-i 0 0 11 King Solomon . . 0 2 n 0 2 2i Mahakipawa . . . 0 0 2k 0 0 4 Okarito 0 9 9 0 9 10 Waihi W a i ti i Grand 0 16 7 0 17 0 Junction .... 0 3 9 0 4 0