COMMERCIAL

Timaru Herald, Volume CXXXVII, Issue 19625, 20 October 1933, Page 16

COMMERCIAL

CHRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS. Special to “ The Herald ** CHRISTCHURCH. October 19. The following quotations were current when the Stock Exchange closed for thp riflv'—

YESTERDAY’S SALES. By Telegraph—Press Association AUCKLAND, October 19. Sales on Change.—Stock, 1938-52, 3i per cent., £lOl/15/-; 1939-43 3* per cent., £101; Commercial Bank of Australia, 16/9; Bank of New Zealand, 47/-, 46/9, 46/6; Queensland Insurance, 60/-; South British Insurance, 74/3 (21; Taupiri Coal, 14/-; Auckland Gas, 23/7; Bycroft Limited, 40/-; Colonial Sugar, £59 12/6; New Zealand Newspapers, 27 6; King Solomon, 3 3; Okarito, 10/6 (2); Waihi Junction, 3/11; Waitahu, 6/2. Unofficial.—lnvestment Trust, £9B (2). CHRISTCHURCH, October 19. Sales on 'Change: New Zealand Insurance 54 3, Commercial Bank of Sydney £lB (4), E. S. and A. Bank £5 12/9 (2), £5/13/-, Dalgety and Co. £ll/2/6 (2), Goldsbrough Mort 29/1, 29/- (2), Canterbury Frozen Meat £lO/5/- (2), New Zealand Refrigerating (10/- paid) 9/6, Staples Brewery 28/9, Dunlop Rubber 18/8 (3). Electro Zinc (ord.) 25/7, 25 TO, 25 9. Howard Smith 14/-, 13/10, 13/9, Mt. Lyell 23/(4), Bell Hooper (9d paid) 1/01, (2), 1/1 (4), King Solomon 3/3 (2), Nokomai 2//10, Okarito 10/5 (3), 10/6, 10/51, (2), Waitahu 6 2, 6/11, 6/1 (2). Sales reported; Kaitangata Coal 22/3. DUNEDIN, October 19. Sales on Change.—Bell Kilgour (4) 1/6, King Solomon (2) 3/3. Sales reported—Bank of New South Wales £34 10s, National Bank of New Zealand £4 4s, N.Z. Drug £3 10s 3d, N.Z. Newspapers £1 7s 6d, Staples Brewery £1 8s Bd, Bell-Hooper 1/1. Waitahu 6/2, Australian Knitting Mills £1 3s, Electrolytic Zinc (ord.) £1 5s 9d, Okarito 10/6. SYDNEY STOCK EXCHANGE. SLIGHT PRICE VARIATIONS. United Press Association—By Electric Telegraph—Copyright (Received October 19, 8.15 p.m > SYDNEY, October 19. On the Stock Exchange, good support was forthcoming for most retail trading shares and price variations were only slight. There was an active market for bonds, but banks were comparatively quiet. Quotations. —Bank of New South Wales £34 7/6, Commercial Bank rf Sydney £lB. Colonial Sugar £6l/12 6, Associated News 20 9, pref 20 3, Australian Glass 52 9. Australian Gas 'A pref) £7 7 -. British Tobacco 37 10S, Dunlop Perdriau 19//-. Carlton Brewery 41/9. Tooths Brewery 42 9. Tooheys Brewery 24 9. Burns Phllp 54 -, Howard Smith 13 3, Millaquin Sugar 29 3, Electrolytic Zinc 20/1 i, Wlnchcombe Carson 28 6. Lustre Hosiery 17/-, Standard Cement 16 101, Anothony Hordern 13 1, pref 21 101, Truth (first pref. New Zealand delivery). 25/-, second pref) 21 9, David Jones 35/-, Farmers 17/1, Australina Provincial Assurance 12 2. Mt. Morgan 47 3. Broken Hill Proprietary 40 3. Kuala Kampar 10 10.

Melbourne—Metropolitan Oas £l2 14 Dunlop Perdrlau 18 10. North Broken Hill 87 6. NATIONAL BANK OF AUSTRALASIA By Telegraph —PreM AuoeUtloo WELLINGTON. October 19. The National Bank ot New Zealand agents for the National Bank of Australasia, have been advised that the board of directors of the National Bank of Australasia have decided to pay on November 29 an Interim dividend on both olasses of shares at the rate of 5 tier cent per annum, for the half-year ended September 30

AUSTRALIAN PRODUCE PRICES. United Press Association—Be Electric Telegraph—Copyright (Received October 19. 7.55 pjn.l SYDNEY. October 19. Wheat.—Country sidings, bagged 1 85. bulk 1/71, equal to about 2 31 a bushel ex trucks Sydney. Flour.—£B 15/- a ton'. Bran and pollard—£4/10/- a ton. Potatoes—Tasmanian £5 10/-, Victorian to £4 a ton. Onions—Brown Spanish £4, white £lO a ton. Oaten hay. £7 a ton. Maize—Yellow and white 4'- a bushel. ADELAIDE. October 19. Wheat—Growers lots 2 31 to 2 A Flour—Bakers lots £7 a ton. Bran and pollard £5 2 6 a ton. Oats—Algerian about 2/1 a bushel. DAIRY PRODUCE. The South Island Dairy Association Ltd., has received the following market report from the New Zealand Produce Association Ltd.. London: Butter.—Quiet; finest 99 /-; firsts 95 Danish 117/-. Cheese.—Quiet; white 49 /-; coloured 47/-. The New Zealand Loan and Mercantile Agency Co., Ltd. have received the following advice from their London House:— Butter—9s '-. 96 '-. Danish 99 -. 100 '- Cheese—White. 49 '-, 50/-; coloured, 47/-, 48 -. METALS. United Press Association—By elector Telegraph—Copyright LONDON, October 18. Copper—Standard, spot £33 4 31, forward £33 8 9. Electrolytic—Spot £36/10/-, forward £37,10/-. American. 7.50 cents per lb. Wire bars—£37 10'-. Lead—Spot £ll 14 3. forward £l2. Spelter—Spot £l6. 63. forward £l6 16 3. Tin—Spot £224 13. forward £223 18 9. Silver—Standard 18 l-16d, forward 195 d. SILVER. Brltlsb omctsl Wireless RUGBY, October 17. Silver—Spot 17ld, forward 17 13-16 d a standard ounce. SHARES. United Press Association—By Electric Telegraph—Copyright LONDON, October 18. Bulolo gold shares 79 81. FOREIGN EXCHANGES.

PRICE OF GOLD. United Press Association—Bv Electric Telegraph—Copyright LONDON. October 17. Gold is quoted at 132/Oi a standard ounce. THE “OLLAR. United Press Association—Bv Electric Telegraph—Copyrlgnt LONDON. October 18. The dollar Is quoted at 4 581 LONDON DAIRY SHOW COLONIAL AWARDS. By Tftlegrapn—Press Association WELLINGTON. October 18. The Dairy Board has been advised of the following results in the colonial section of the London dairy show: — Twenty-seven entries were received, eighteen from New Zealand, seven from Australia and two from South Africa. First and Hansen and Bledlsloe Colonial and New Zealand Cups—Kelso Dairy Company, Otago. New Zealand. Second and reserve Hansen and Bledisloe Colonial Cup—Downs Dairy Company, Lllyvale, Queensland. Third and reserve Bledlsloe New Zealand Cup—Awarua Dairy Company, Southland. Fourth—Fairfax Dairy Company, Southland. Highly commended—Waianiwa Dairy Company. Southland: and Downs Dairy Company, Wyreema, Queensland. Commended—Wright's Bush Dairy Company, fouthland; Lowgarth P'.lry Company. Taranaki. Klngwlll Company, South Africa: Warmambool Dairy Company. Victoria. It was announced In July th‘-. year that Lord Bledlsloe had presented two handsome and valuable trophies for cheese exhibits at the National Dairy Show, which Is held In I<ondon In October every year. One of the trophies is for the best cheese produced In any Empire country and the other for 'he best cheese among the entries from New Zealand alone. The New Zealand trophy is also regarded as a district prize, the districts for the purpose bring Auckland, Taranaki. Wellington -Hawke's Bay, CanterburyOtago and Southland.

for the day: — Buy Seller. £ s. d. £ s. d. N.Z. Govt. Debt.— 33 p.c. Inscr., 193843 101 0 0 — 33 p.c. Inscr.. 19385.1 101 0 0 — 33 p.c. Inscr., 193943 101 0 0 101 10 0 33 p.c. Inscr., 193952 101 0 0 — 4 p.c. Inscr.. 1955 101 0 0 — 4 p.c. Bonds, 1946 101 10 0 — 4 p.c. Bonds. 1955 101 0 0 — Other Debts.— N.Z. Refrigerating 63 p.c. 1935 . . Westport-Stockton 101 10 0 102 0 0 Coal, 63 p.c. 1933 57 10 0 85 0 0 Booth Macdonald. 63 p.c. 1937 . . 44 0 0 — Banks— Australasia . . . 12 12 6 12 19 0 Comm, of Aust. 0 16 0 0 16 11 Comm, of Sydney 18 0 0 18 2 6 E. S. and A. . . . Natl, of A asia 5 12 6 5 13 0 (£10 paid) . . 13 7 6 Natl. of A. asia (£5 paid) . . . 6 12 6 New South Wales 34 7 6 34 10 0 New r Zealand . . Do. 0‘D” Mort 2 6 6 2 7 0 shares) .... — 1 13 9 Union of Aust. . . 10 5 0 10 9 6 Insurance — A.P.A 0 11 6 0 12 6 National .... 0 18 4 — New Zealand . . . 2 14 1 2 14 9 Loan and Agency Ch'Ch. Building Society .... 11 7 6 — Dalgety and Co. . 11 0 0 11 2 6 Goldsbrough Mort 1 8 9 1 9 0 Mutual Benefit . . National Mortgage 9 2 6 “B” 1 8 0 — N.Z. and River Plate 1 4 6 — N.Z. Guarantee Corp. (cum d.) N.Z. Loan and 0 8 3 0 8 6 Mercantile (ord. stock) 58 0 0 64 0 0 Do. (pref.) .... United Building 75 0 0 — Society .... Wright Stephen0 17 0 0 18 9 son and Co. . . 10 0 0 Shipping— Huddart Parker . P. & O. Deferred 1 12 0 1 13 0 Stock .... i 3 3 — Frozen Meat— Canterbury . . . N.Z. Refrigerating 10 5 0 11 0 0 (£1 paid) . . . 0 19 6 0 19 11 N.Z. Refrigerating (10/- paid) . . North Canterbury 0 9 5 0 9 7 Freezing .... 0 9 0 ~ Woollens — Kaiapoi (17/- pd.) 0 8 1 0 8 6 Do (7/- paid) . . 0 1 3 0 1 '1 Do. (pref.) .... 0 16 3 0 17 3 CoalGrey Valley . . . 0 13 7 0 16 6 Westport 0 13 7 0 14 6 Stockton (pref.) . 1 10 0 — Kaitangata .... 1 2 6 1 5 0 Gas - Christchurch . . . 1 7 0 1 7 6

Breweries— New Zealand . 1 16 6 1 17 3 Staples . . . 1 8 9 1 8 11 I Timaru 0 10 j Do. (7/6 paid) . . 0 4 6 0 6 0 j Tooths 2 1 9 2 2 3 Miscellaneous— Australasian Paper and Pulp . . . 1 11 9 Anthony Hordern Australian Distil0 13 0 0 13 6 tillery .... Australian Glass 0 17 3 1 3 0 (cum div.) . . — 2 13 0 Beath and Co. . . 1 7 6 1 7 10 Do. (1/- paid) . . 0 6 0 — Do. (pref.) .... Broken Hill Pro1 3 0 1 5 0 prietary (cum div.) 1 9 6 2 1 0 . Burns Philp . . . 2 13 0 2 13 6 British Tobacco 1 17 5 i 17 9 Do. (pref cum div) Dominion Fertil1 4 0 — iser 0 13 6 0 14 6 Donaghy's Rope and Twine . . 2 2 0 Dunlop Rubber . . 0 18 8 0 18 11 Electro Zinc (ord) 1 5 9 1 5 11 Do. (pref., cum d.) 1 14 6 1 15 3 Gordon and Gotch Greater Crystal 1 16 0 1 18 0 Palace .... — 1 0 0 Henry Jones Coop 1 18 0 1 19 3 Howard Smith . . 0 13 4 0 14 0 Hume Pipe (Aust.) 0 13 6 0 14 6 Kauri Timber . . 0 14 0 0 15 0 Mt. Lyell .... 1 2 9 1 3 0 N.Z. Drug Co. . . N.Z. F aimers’ 3 9 6 3 11 6 Co-op (4* p.c. Stock 1940) . . 62 10 0 66 0 0 Do. <4i p.c. Stock 1945) 62 0 0 66 0 0 N.F. Farmers’ Fertiliser 0 15 9 — Forth Canterbury Flour 0 10 0 0 14 6 N.Z. Newspapers . Whitcombe and 1 7 0 1 8 0 Tombs .... 3 5 0 3 9 0 Wilsons Cement 1 6 3 1 7 •0 Mining— Alexander .... 0 IS 6 Do. (13 6 paid) 0 16 6 0 17 2 Aotearoa Bendigo Gold0 0 11 0 1 6 lights 0 0 6 0 0 75 Bell Hill Bell Hooper (9d 0 1 0 0 3 0 paid) 0 1 1 0 1 15 Do. (1/- paid) . . 0 1 1 0 1 31 Big River .... 0 1 4 0 1 6 6 Blackwater .... Central Shotover 1 12 6 1 17 6 (9d paid) . . . 0 0 11 0 1 li Consolidated . . . 0 14 0 Freshford .... 0 0 5 0 0 55 Gillespie's Beach . 0 1 1 0 2 1 Golden Dawn . . 0 2 4 0 3 0 Golden Point . . . 0 0 u 0 0 2i Mount Morgan . . 2 5 0 2 6 6 6 Kawarau .... — 0 0 7 King Solomon . . 0 3 2 0 3 3 Lawson's Flat . . 0 0 4 0 0 m D Mahakipawa . . . 0 0 u 0 0 2 Do. (pref.) .... 0 0 u 0 0 3 New Cornish Point ♦ 9 (1/- paid) . . 0 1 1 Do. (6d paid) . . 0 0 61 0 0 75 Nokqmai 0 2 9 0 2 10 Rawang Tin . . . 0 5 8 0 6 VO 0 Okarito Oxenbridge Shot0 10 5 0 10 8 over (9d paid) 0 0 71 0 0 91 Paddy's Point . . 0 4 7 0 6 0 Waihi (cum div.) . W a i h i Grand 1 6 0 1 6 3 0 Junction . . . 0 4 0 0 4 6 Waitahu 0 6 3 0 6 6 1 Mataki 0 1 8 0 2 Kuala Kampar . . 0 10 4 0 10 7

British Official Wireless RUGBY, October 17. Paris, fr. ij £1 .. . Par. 124.21 80.0 New York, dol. to £1 4.866 4.55* Montreal, dol. to £1 4 886 4.69 Brussels, belgas to £1 35 22.50 Geneva, fr. to £1 .. 22.2215 16.15 Amsterdam, fl. to £1 12.107 7.77 Milan, lire to £1 .. 8.54 59 7-16 Berlin, reich to £1 .. 20.43 13.195 Stockholm, kr. to £1 18.159 19.40 Copenhagen, kr. to £1 18.159 22.40 Oslo, kr. to £1 .. .. 18.159 19.90 Vienna, schgs. to £1 34.585 281 Prague, kr. to £1 .. 164.25 1052 Helsingfors, marks to £1 193 28 2265 Madrid, pesetas to £1 25.2215 375 Lisbon, escudos to £1 110 1041 Athens, dracl- to £1 375 560 Buche- -t, iei to £1 818.6 535 Rio de Janeiro, d. to milreis 4.892 48 Buenos Aires, d. to dol 45.577 44 Monte Video, d. to dol 51 361 Bombay, d. to rupee 19 18 3-64 Shanghai, d. to dol. • 14 3-16 Hongkong, d. to dol. • 17 Yokohama, d. to yen. 24.58 141 Warsaw, par zylots to £1 43.36 27.62 Batavia, guilder 12.107 7.95 •Determined by price of silver.