COMMERCIAL

Timaru Herald, Volume CXXXVII, Issue 19571, 18 August 1933, Page 16

COMMERCIAL

CHRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS Special to " The Herald " CHRISTCHURCH, August 17. The following quotations were current when the Stock Exchange closed for the day— Buyers Sellers £ s. d. £ s. d.

Yesterday's Sales. Sales on 'Change—3s per cent. Stock 1938-43. £101; 4 per cent. Bonds 1946. £IOO/10/-; Commercial Bank of Australia. 16 2 (2); National Bank rt Australasia (£lO paid), £l3'2/-; Bank of New Zealand, 49 6; Gear Meat, 32/-; New Zealand Refrigerating (10'paid), 7/- (3); New Zealand Breweries,’3s/- <sl, 34 11; Beath and Co. (1/- paid). 5 9; Howard Smith. 9 11: Alexander Mines (13 6 paid) 23 23 1 (3); Beil Kilgour, 1/4; Central Shotover (9d paid), 1/1: Freshford, 8d; Golden Point, 2d, 25d; Bell Hooper, 8d; Nokomai, 3'6, 3/5, 3/4, 33; Waitahu (5/- paid), 7/5. Sales Reported—4 per cent. Bonds 1940. £lOl/7 6: 4 per cent. Bonds 1955. £IOO 15 -; Gisborne Sheepfarmers. 65 per cent. 1941, £B3 10/-; Bank of New Zealand. 49 5, 49 8; New Zealand Refrigerating (10/- paid), 6/115.

YESTERDAY’S SALES.

By Telegraph—Press Association AUCKLAND, August 17. Sales on Change—Stock, 1940, 4 p< cent. £101; Stock, 1940, 4 per cent, £lO £IOO/2/6; National Bank of Austra lasia. £l3/2/-; Union Bank, £9/3/. Queensland Insurance, 56/3; Bout British Insurance, 70/-; Goldsbroug Mort, 27 9: Auckland Gas, 23/64; Ne Zealand Breweries, 35/-; New ’ Zea land Paper Mills, 27/6; Taranaki O Fields, 2/3; Union Oil, 25/-; allies pie's Beach, 2/1; King Solomon, 2/Nokomai, 3/7, 3/6; Okarito, 11/10 Waihi, 24/9 (2); Walhi Junction, 3/8 Broken HIU South, 58/6; Mt. Lyell, 21/ 21/8 (2). DUNEDIN, August 17. Sales on 'Change—Southlan Frozen Meat (paid), 51/-; Bell Hoope (9d paid), Bd. Sales Reported—Bank of New Soutl Wales, £33/10/-; (cum div), New Zea land Paper Mills. 27/6; Staples Brew erv, 26/3; Okarito, 11/11 (cum <Hv) Gillespie's, 1/114 (2); Southland Froze Meat (cont), 51/- (2).

WELLINGTON WOOLLEN COMFAN

By Telegraph—Press Association WELLINGTON, August 17. The annual meeting of the Welling ton Woollen Company was held to-day A recommendation for the paymen of a dividend of 5 per cent, was agree< to. Messrs Alfred Smith and A. E. Mabh were re-elected directors. Mem Kember and Son and S. W. Bunt wen re-appointed auditors. SPRING LAMBS. By Telegraph—P. css Association WELLINGTON. August 17. The first spring lamb of the season will be available in Wellington thll week-end, a small shipment being made to-day from Blenheim to the order of an enterprising butcher in the capital. The lambs are at least a fortnight ahead of last year’s first shipment. From now on small lines wlli be forwarded according to buyers’ requirements.

AUSTRALIAN MARKETS.

United Press Association—By Hectrlo Telegraph—Copyright (Received August 17. 7.40 pm.) SYDNEY, August 17. Wheat—Owing to disorganisation in the overseas markets, the wheat trade is practically at a standstill. Bagged and bulk, on country sidings Is quoted at 3/5, equal to about 3/1 and 3/- respectively ex-trucks at Sydney. Flour £lO/15/-, bran and pollard £5. Potatoes—Tasmanian £B/10/-, £7, Victorian £5 to £5/10/-. Onions—Victorian Brown Spanish to £4/10'-. Oaten hay, Victorian £7/10/-. Maize, yellow white 4/4. ADELAIDE. August 17Wheat—Growers’ lots 3/01. Flour—Bakers’ lots £9, bran and pollard £5/2/6. Oats—Algerian 2/1.

SYDNEY STOCK EXCHANGE.

VALUES SHOW TENDENCY TO EASE. United Press Association—By Bectrto Telegraph—Copyright (Received August 17, 8.35 p.m.) SYDNEY. August 17. The Stock Exchange was quiet, by comparison with the recent average dally business. Values showed a tendency to ease. Giltedgeds, also banks losing some recent support. Winchcombe and Carson showed a profit for the year of £41,061, being an increase of £1854 over the previous year. Commercial Bank of Sydney, £l7/13/-; National Bank (£5 paid). £6/8/-: Australian Gas A, £7/7/6; Associated News, 8/5; pref. 18/9; British Tobacco. 35'-; Anthony Hordern (New Zealand delivery), 10/5; pref, 19/104; Berlei (New Zealand delivery), 27/-; Berlei (10/- paid). 13/3; Goldsbrough 28'14; Morris and Hedstrom, 18/105; Henry Jones, 38/9; Australia’s General Insurance, 10'3; Australian Provincial Assurance, 11/6: Greater J. D. Williams, 6/9: Standard Cement, 10/3: J. Fielding. 62/-; Tooths, 38/3: Wanderlich. 2/11; General Industries, 9/3: Carlton Brewery, 39/-; Mount Lyell, 22'3; Broken Hill Proprietary. 36/9; South Brokcns. 58/3; Mount Morgan, 39 '75: Bulolo Deposits, 2/75. Melbourne Sales—Commercial Bank of Australia, 16/5; National Bank (£5 paid), £6/8/-: Goldsbrough. 28/44: Dunlop Perdriau, 18/1; Huddart Parker, 31/-.

DAIRY PRODUCE.

The South Island Dairy Assn., Ltd., has received the following market Ter port from the New Zealand Produce Association. Ltd., London:— Butter—Firm 90/- to 92/-. Cheese—Steady, white 49/- to 50/-, coloured 51/- to 53/-.

The New Zealand Loan and Mercantile Agency Company Limited have received the following advioe from their London House: — Butter—9l/- to 92 -. Cheese—White, 49/- coloured. 52/-.

ST. ANDREWS SALE

LARGE CATTLE ENTRY The good cattle market at the last St. Andrews sale encouraged many vendors to enter a large number of cows, heifers and steers at yesterday's auction. The sale was a good one for the better sorts, but low conditioned beasts were harder to sell. Fat cows realised £4. £4/17/6. £4 10/and £4/17'6; small fat heifers to £3 7/6: fat steers to £7/5/-; ar.d store steers £2/15/- to £4. Springing cows made from £2 10/- to £5/17/6, according to quality. The best price for cows in profit was £6.5'-. Fat sheep sold well, the market being under-supplied. Fat wethers made 19 6, 20,'-. 23/3, 25/3 and 26/8. Fat ewes realised 10/- and 14/-. In the store sheep section a line o t three-quarterbred full and failingmouth ewes showing well In lamb was sold at auction at 15 6. A line of twotooth ewes, medium In size, was passed at 15/-. Two or three pens of aged ewes were also passed. Two pens of weaner pigs showeu an advance on previous sales, values ranging from 14/- to 17,6.

N.Z. Govt. Debs— 31 p.c. Inscr, 193843 100 10 0 101 5 0 31 p.c. Inscr., 193852 100 2 6 100 10 0 4 p.c. Inscr., 1940 . 101 2 6 — 4 p.c. Inscr.. 1949 . 101 5 0 — 4 p.c. Inscr., 1955 . 100 7 6 100 12 6 4 p.c. Bonds, 1940 . 101 D 0 — 4 p.c. Bonds, 1946 . 100 7 6 — 4 p.c. Bonds, 1949 . 101 5 0 — 4 p.c. Bonds, 1955 . 100 10 0 100 15 0 Other Debs. — N.Z. Refrigerating65 p.c., 1935 . . 100 15 0 102 0 0 N.Z. Refrigerating 55 p.c., 1935 . . 100 5 0 — Gisborne Sheep., 65 p.c., 1941 . . 82 0 0 85 0 0 Banks— Australasia .... 11 15 0 12 7 6 Comm, of Aust. 0 16 2 0 16 3 Comm. of Aust. (pref.) .... 8 17 I 8 17 6 Comm, of Sydney 17 7 6 17 12 0 E„ S. and A. . . . 5 7 6 5 10 0 National of A/asia (£10 paid) . . . 12 19 0 13 2 0 National of A/asia (£5 paid) . . . 6 5 0 6 7 6 National of N.Z. . 4 1 6 4 5 0 New South Wales (cum dlv.) . . . 32 15 0 33 7 6 New Zealand . . . 2 9 0 2 9 4 New Zealand <“D” Mort. shares) . 1 12 7 1 13 6 Union of Aust. . . 9 0 0 9 4 0 Insurance— National 0 17 2 — South British . . . 3 9 0 — Loan and Agency Ch.Ch. Building Society .... ii 5 0 — Dalgety and Co. . 8 15 0 9 10 0 Qoldsbrough Mort. i 7 6 1 8 0 N. Z. Guarantee Corporation . . 0 6 8 — New Zealand Loan and Mercantile (ord stock) . 44 10 0 — New Zealand Loan and Mercantile (ord stock pref) — 105 0 0 United Building Society .... 0 17 3 — Shipping— Huddart Parker . 1 10 9 i 11 0 P. and O. Deferred Stock 1 0 0 i 4 0 Frozen Meat— Canterbury .... 8 15 0 9 10 0 Canterbury (pref.) 5 0 0 — Gear 1 12 0 i 12 6 N.Z. Refrigerating (£1 paid) . . . 0 15 3 0 16 0 N.Z. Refrigerating (10/- paid) . . 0 6 a 0 7 0 Woollens— Kaiapoi (pref.) . • 0 12 0 0 16 0 Coal— Grey Valley . . . 0 12 6 — Westport 0 13 0 0 13 3 Gas— Auckland 1 3 0 — Christchurch . . . 1 7 4 Breweries— Carlton — 2 0 0 New Zealand . . . 1 14 ii 1 15 0 Staples . . . | . 1 5 ii i 6 4 Timaru 0 7 9 — Timaru (1/6 paid) 0 5 6 0 7 3 Tooths 1 17 6 1 18 5 Tui 1 16 6 Miscellaneous— Australasian Paper and Pulp . . . — 1 13 6 Australian Glass . 2 8 6 2 9 9 Beath and Co. . . i 7 0 i 8 0 Beath and Co. (1/paid) .... . 0 5 6 0 5 10 Beath and Co. (pref.) 1 2 6 1 5 0 British Tobacco . u 14 2 1 14 6 Broken Hill Proprietary . . 1 15 9 1 16 9 Burn Philp .... 2 10 6 Colonial Sugar . . 58 5 0 58 15 0 Dunlop Rubber . 0 17 6 0 17 11 Electrolytic Zinc (pref.) 1 11 8 1 12 0 Henry Jones Co-op 1 18 0 1 18 9 Howard Smith . . 0 9 9 Mt. Lyell .... i 1 4 1 1 N.Z. Drug Co. . . 3 6 0 — N.Z. F a r m e r s’ Co-op. 4* p.c. Stock, 1940 . . 57 10 0 — N.Z. F a r m e r s' Co-op. 41 p.c. Stock, 1945 . . 57 0 0 62 0 0 N.Z. Paper Mills . 1 7 0 — N.Z. Newspapers . 1 6 0 — Wilson’s Cement . 1 14 1 — Woolworths (Victoria (pref.) . . 1 3 6 i 4 0 Mining— Aotearoa Gold Prospecting . . 0 0 9 — Alexander .... 1 2 6 1 4 Alexander (13s 6d paid) 1 2 11 1 3 3 Bell Kilgour . . . 0 1 3 0 1 45 Big River .... 0 i 34 0 1 55 Blackwater .... 1 a 9 — Central Shotover (9d paid) . . . 0 1 0 0 1 .5 Consolidated . . . 0 15 i 0 15 6 Freshford 0 0 7 0 0 Gillespie’s Beach (1/- paid) . . . 0 1 114 0 2 Golconda (7d pd.) 0 0 9 0 1 0 Golden Dawn . . 0 2 0 0 2 2 Golden Point . . 0 0 2 0 0 3 Kildare 0 2 0 0 2 14 King Solomon . . 0 1 10 0 1 115 Lawson’s Flat (1/paid) 0 0 10 0 1 0 Mahakipawa . . . 0 0 2 0 0 25 Mahakipawa (pref.) 0 0 2 0 0 45 Nokomai 0 3 2 0 3 Okarito (cum 0 ii 11! 0 12 0 Paddy’s Point . . . 0 4 10 0 5 5 Waihi 1 — Waihi Grand Junction .... 0 3 7 0 Waitahu (5/- pd) 0 7 4 0 7 6 Oxenbridge Shotover (9d paid) 0 0 9 0 0 95