COMMERCIAL

Timaru Herald, Volume CXXXVII, Issue 19667, 8 December 1933, Page 16

COMMERCIAL

CHRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS. (Special to "The Herald”) CHRISTCHURCH, Dec. 7. The following quotations were current when the Stock Exchange closed for the day:—

YESTERDAY’S SALES. By Telegraph—Preas Association AUCKLAND. December 7. Sales on 'Change.—4 per cent Stock 1940 £lO2. 1946 £lOl 15s (2). 1949 £lOl. 1955 £lO2, Wright, Stephenson Perpetual 5 per cent £BS. Bank of New Zealand 48 3 (3). Queensland Insurance 62 6. South British Insurance i 77'- (2), Farmers’ Co-op. Auctioneers «A pref), 20 6. Goldsbrough Mort 31 8 31 9, Auckland Gas 23 9. Con 17 6 Gear Meat 33'- New Zealand Drug 73 6. Gillespie’s Beach 1 105. King Solomon 3 1. Waihi 26 11. Waihi Junction 4 3. Talisman Dubbo 5 -, Broken Hill Proprietary 40/-, Mt. Lyell 22/7 (2). Unofficial list.—lnvestment Executive Trust (B deb> £IOO. CHRISTCHURCH. December 7. Sales on ’Change.—E. S. and A. Bank £5 12s 6d, Bank of New South Wales £32 2s 6d, New Zealand Refrigerating (£1 paid) 20 1. 20/-, Carlton Brewery 42 9. Anthony Hordern 13 6. Dominion Fertiliser 18 - (5), 18/1 (2>, (3), 18 2 (2), 18/3 (2). Aotearoa (cum div.) 1/31, 1/4 2), Bell Kilgour 1 - (2). Charleston Sluicing 1/5, 16, Nokomai 2 8 (4). Maerewhenua (1 - paid) lOd, Waitahu 5 4. 5/3, Wetherstones 3/5. Sales reported— Napier Harbour Board 53 per cent 1/1/64 £95, Napier Borough Council 53 per cent 12 45 £95, Bank of New’ South Wales £32 ss, £32 7s 6d. Broken Hill Proprietary 39 9, Henry Jones Co-operative 33/3. DUNEDIN. December 7. Sales on ’Change.—Bell Hooper lOid, Waitahu 5/4, Bell Kilgour 1 -. Sales reported—Bell Kilgour 1/-, Bell Hooper 105 d. SYDNEY STOCK EXCHANGE. United Press Association—By Electric Telegraph—Copyright (Received December 7. 9.50 p.m.) SYDNEY, December 7. On the Stock Exchange business was brisk and an all round improvement was noted. Sales. Bonds 33 per cent., 1942. £104; 4 per cent., 1938. £lO5 5 -; 1941. £lO3/17/6, 1944. £lO4 12 6; 1947, £lO4 15/-; 1950, £lO5/15 -; 1953, £106; 1955. £lO6 26. 1957. £lO4 17 6; 1959, £lO5 5/-; 1961. £lO5 12/6; Bank of New South Wales, £32; Commercial Banking Companv of Svdnev. 17 8; Tooths, 42 6; Colonial Sugar. £62 7 6. £62 10 -; Broken Hill Proprietary. 40 9; Wilcox Mofflin, 11 2; Dunlop Perdriau. 35/-; British Tobacco. 37 6; Goldsbrough Mort. 32 75: New Guinea Gold. 6 6; Bulolo Deposits. 22. Melbourne.—Australian loans 4 per cent. 1941. £lO3 15/-; 1944, £lO4 15/-; 1955, £lO5/12 6, £lO5 15/-; 1953, £lO5 15/-. LONDON WOOL SALES. Dalgety and Co.. Ltd., have received the following message from their London Office, dated December 7th W’ool sales closed active with very strong tone as compared with closing rates of last series:—Greasy merino 15d to 2id higher, scoured 3d to 4d higher, greasy halfbred 2d to 3d higher, greasy crossbred fine lid to 2d higher, greasy crossbred medium Id to lid higher, greasy crossbred coarse Id to lid higher, fine slipe 2id to 3d higher, medium and coarse slipe lid to 2d higher, greasy lambs 2d to 2id higher. The N.Z. Loan and Mercantile Agency Co.. Ltd., have received the 1 following cablegram from their London House, under date December 6: "As compared with lart sale's closing rates, prices are higher 2d to 2id per i lb medium x-bred. lambs, merino, fine ! greasy x-bred; higher lid to 2d per lb. ! Coarse x-bred. greasy x-bred lambs, greasy merino; 3d to 3id scoured mer- i ino. fine scoured x-bred; 25d to 3d fine x-bred slipe. The sales closed firmly to-day.” DAIRY PRODUCE. The South Island Dairy Association. ! Ltd., has received the following mar- ] ket report from the New' Zealand Produce Association. Ltd., London: Butter—Steady with more demand 69 - to 71/-. Danish 114 -. Cheese—Steady, white 47/- to 48 -. coloured 45 - to 48 -. The N.Z loan and Mercantile Agency Co. Ltd., have received the following cable advice from London office, dated December 5: Butter—7o'-. 71 -. Cheese—47/-, 48 - (white); 45 - fcoloured)). COLOMBO TEA SALES. By Telegraph— Press Association DUNEDIN. December 6. Mr L. W. Wright has received the j following cable message about the Colombo tea auction oi December 5 "At yesterdays auction of 1.510,0001 b of good quality tea. broken Pekoes were five to six cents dearer, while all , ! other grades advanced three to four At next | will be catalogued Next years restriction of the crop has been fixed a* 12J per cent . commencing on April 1 1934 The : harp advance :n nil grarl*. SHAKES. United Prcu AmocUtlon— B* Electric j Telegraph —Co^yrljibt LONDON. December . N Gold 5/-.

METALS. United Press Association—By Electric Telegraph— Copyright (Received December 7. 8.50 p.m.> LONDON. December ” Copper.—Standard spot £3O 3 9 ftw ward £3O 4 45. Electrolytic.—£33 to £33 15 Wire bars.—£33 15 -; best selected £32 17 6. American 8 cents per lb. Lead.—Spot £ll 12 6. forward £ll 17 6. Spelter —Spot £l4 17 6. forward £ls 3/ 9. Tin —Spot and forward £227 6 3. Silver.—Standard 18 5-Bd. fine 20 l-8d an ounce. POLLED HEREFORD FOR SOUTHLAND. By Telegraph—Press Association WELLINGTON. December 7. The first polled Hereford bull to be imported to the South Island arrived by the Waikawa to-day from Canada. It has been imported by the Loan and Mercantile Agency Coy.. Ltd., to the order of Mr A. S. Holms, of Waimahaka, Southland. Mr Holms hopes that he will have an cver-increasing number of calves and increase the value of his herd without decreasing the quality. There are three other polled Hereford bulls in New Zealand, all at Gisborne

Buyers Sellers £ s. d. £ s. d. VZ. Govt. Debenture s— 31 p.c. Inscr.. 193843 100 0 0 4 p.c. Inscr., 1940 102 5 0 103 0 4 p.c. Inscr.. 1946 101 15 0 102 0 4 p.c. Inscr.. 1949 100 17 6 4 p.c. Inscr.. 1955 102 0 0 4 p.c. Bonds, 1940 102 5 0 4 p.c. Bonds. 1946 101 10 0 4 p.c. Bonds, 1955 102 0 0 — Other Debentures— Sluggish River 5* p.c., 1 7 44 . . — 101 10 0 Cook County, 51 p.c., 1 3 53 . . — 100 0 0 Banks— Adelaide 5 17 0 Australasia .... 11 10 0 12 10 0 Comm, of Aust. . . 0 17 2 0 17 5 Do. ipref.) .... 8 16 0 Comm, of Sydney 17 6 0 17 10 0 E. S. and A 5 11 0 5 12 6 National of A asia (£10 paid) . . . 13 6 6 13 9 0 National of N.Z. (cum. div.) . . . 4 1 0 4 3 0 New South Wales 32 0 0 32 0 New Zealand (cum. div.) 2 8 0 2 8 3 Union of Aust. . . 9 14 0 9 19 6 Insurance— National 0 19 0 0 19 3 South British . . . 3 16 6 3 18 0 Standard 3 0 0 United — 9 12 6 Loan and Agencv Goldsbrough Mort. 1 11 10 1 12 1 National Mortgage “A” 3 1 0 3 7 0 United Building Society .... 0 17 9 0 18 3 Shipping— Huddart Parker 1 11 6 P. and O. Deferred Stock 1 0 0 1 4 0 Frozen Meat— Canterbury (cum. div.) 10 10 0 10 15 0 Canterbury (pref. cum. div.) . . . 5 12 6 6 5 0 Gear 1 12 6 N.Z. Refrigerating (£1 paid) .... 0 19 7 i 0 1 N.Z. Refrigerating (10/- pakD . . 0 9 6 0 9 9 North Canterbury Freezing .... 0 12 0 0 16 2 Woollens— Kaiapoi (17/- pd.) 0 7 9 0 8 1 Kaiapoi (7/- paid) 0 1 4 — Kaiapoi (pref.) . . 0 16 0 0 18 0 Mosgiel 9 0 0 — Coal— Grey Valley .... — 0 14 0 Westport 0 13 9 0 14 0 Stockton (ord.) . . 0 0 7 0 0 9 Stockton (pref.) . 0 2 0 0 3 6 Gas— Auckland 1 3 0 Christchurch . . . 1 8 0 Ditto (10/- paid) 0 13 6 0 14 0 Breweries— Carlton 2 2 9 2 3 0 New Zealand (ex. div.) 1 15 10 i 16 4 Timaru (7. 6 paid) 0 4 11 0 5 1 Tooths 2 1 0 2 2 3 Miscellaneous— Australasian Paper and Pulp . . . 1 12 6 1 14 0 Amalgamated Wireless (contr.) . . 1 0 9 — Anthony Hordern 0 13 5 0 13 7 Australian Glass . 2 6 6 2 8 0 Beath and Co. . . 1 8 9 1 10 0 Do. (1/- paid) . . 0 6 4 0 7 0 Do. (pref.) .... 1 3 0 1 5 0 British Tobacco (cum. div.) . . 1 17 0 1 17 5 Broken Hill Propty 1 19 9 2 0 0 Dominion Fertiliser 0 18 0 0 18 1 Donaghy Rope and Twine 2 5 0 2 8 0 Dunlop Rubber . . 0 19 6 0 19 9 Electrolytic Zinc (ord.) 1 5 7 1 6 0 Electrolytic Zinc (pref.) 1 13 0 1 13 7 Henrv Jones Co-op 1 13 0 1 13 3 Mt. Lvell (cum div) 1 2 4 1 2 7 N.Z. Drug Co. . . . 3 13 6 3 15 0 N.Z. Farmers’ Co-op. (1st pref.) 1 7 0 — N.Z. Farmers’ Co-op. <45 p.c. Stock, 1945) . . 65 2 6 — N.Z. F a r m e r s’ Fertiliser . . . 0 17 4 Whitcombe and Tombs 3 8 6 3 11 0 Wilson’s Cement . 1 5 1 Woolworths (N.Z.) (pref. cum. div.) 1 15 0 Do. (N.Z.) ord. . . 5 5 0 5 10 0 Mining— Addison’s Flat (1 - paid) 0 2 6 0 3 6 Alexander — 0 19 6 Do. (13 6 paid) . . 0 15 6 0 15 9 Aotearoa (.cum div) 0 1 31 0 1 45 Bell Hill 0 1 9 0 2 9 Bell Hooper <9d pd) 0 0 10 0 0 11 Ditto (1/- paid) . 0 0 10 0 1 0 Bell Kilgour . . . 0 0 lii 0 1 05 Bendigo Goldlights 0 0 35 0 0 5 Big River — 0 1 1 Central Shotover (9d paid) .... 0 0 8 0 1 3 Charleston Sluicing 0 1 55 0 1 65 Freshford .... 0 0 2 0 0 4 Gillespie’s Beach . 0 1 9 0 1 10 Golconda (8d pd.) — 0 0 105 Golden Dawn . . 0 1 0 0 2 0 Golden Point . . . 0 0 2J 0 0 3 Golden Sands . . 0 2 9 0 3 3 Kildare — 0 2 0 King Solomon . . 0 3 0 0 3 05 Lawson's Flat . . . 0 0 41 0 0 6 Mahakipawa . . . 0 0 1 0 0 15 Do. (pref.) .... 0 0 1 — Mining House Concessions <6d pd.) 0 0 31 0 0 5 Nevis Diesel Elec. . 0 1 0 0 1 1 New Cornish Point *1 - paid) . . . 0 0 11 0 1 0 Do. (6d paid) . . . 0 0 6 0 0 65 Nokomai 0 2 7 0 2 9 Okarito ..... 0 9 0 0 9 8 Maerewhcnua (1/paid > 0 0 10 0 0 105 Oxenbridge Shotover (9d pd.) . — 0 0 9 Waihi 1. 6 10 1 7 0 Waihi Grand Junction .... 0 4 3 a 4 5 Waitahu 0 5 2* 0 5 35 Wctherstone's . . . 0 3 0 0 3 4 Matakl 0 0 10 — Unlisted Stocks All transactions In stocks quoted in this section arc subject to a din ere nt rate of brokerage from ILste d Stocks and are not quoted 3ii the official Its t. Anderson's, Ltd. (pref.) 0 12 0 — Brian Boru . . 1 4 6 1 7 0 Claude Neon Lights 2 4 0 — Cowl Is Somerville Wilkie — 0 16 6 Glenrov Gold (6d paid) 0 0 5s 0 0 7

Industries, Ltd. (12 6 paid* . . 1 Investment Execu- — 0 12 0 | tive Trust ,, B" debs. 1st issue 99 7 6 99 0 1 Do- (2nd issue B debentures) . , Peters Ice Cream 70 0 0 - (£1 paid) . . . N.Z. Underwriting 0 15 0 — and Development | 5/- paid . . . 0 1 0 New Gabriel Gully (6d paid* . . . : National Tobacco - 0 0 31 ! (cum. div.) . . 3 7 0 — 1 N.Z. Mining Investment . . . 0 0 10 0 1 0 | N. Z. Perpetual Forests — 3 0 0 | E. Reece, Ltd. (pref.) j Para Rubber (15 - - 0 2 0 paid) : Procera Bread (10 - 0 11 0 0 16 0 paid) Sandhills Gold (6d 1 0 0 paid) 1 Skippers, Ltd. (6d 0 0 7i paid) ...... 0 0 li 0 0 2 h j Smith Wylie . . . 0 10 10 0 13 7 1 Snowy River . . . j Stacey and Hawker 0 0 2 h 0 0 31 | (pref.) — 1 1 0 I Sun Newspapers 0 3 8 0 3 11 | Temuka Flour . . Tru Colour Films 0 17 0 — (£1 paid) . . . 1 17 5 3 5 0 Were's Investment Trust 0 4 0 | Woolworths ( Victoria* pref 1 4 9 1 5 6 j Workshop Extended 4id paid . . . 0 0 4 0 0 6