COMMERCIAL

Timaru Herald, Volume CXXXVII, Issue 19673, 15 December 1933, Page 16

COMMERCIAL

CHRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS. (Special to “The Herald") CHRISTCHURCH. December 14. The following quotations were current when the Stock Exchange closed for the day:—

YESTERDAY’S SALES. By T*> egraph—Pr*»* Association AUCKLAND. December 14 Sales on 'Change—Stock 1939-52 3 5 )«r cent. £!(**. 4 per cent stock 1940

£lO2 2s 6d. 1946 £lOl 15s. 1949 £lOl. 1955 £lO2. Mt. Albert Borough 5i per cent. £97 10s. Amalgamated Brick (Auckland! 7* per cent. £9O. Bank of New South Wales £32. Bank of New Zealand 47 -, 47 2. A. P. Assurance 10 3. Auckland Gas 24 -. Kaiapoi Woollen pref. 16 3. N.Z. Breweries 37 -. Bycroft 41 -. Farmers’ Trading 38. Farmers’ Fertilser 18 6. Wool worths Sydney (2nd pref.! 24 8. New Cornish Pt.’ lOid. Okarito 9-. Waihi 27 -, Kampang Langut Tin 23 9. Unofficial list—lnvestment Executive Trust (B. debs) £99, N.Z. Perpetual ' Forests 48 4. CHRISTCHURCH. December 14. Sales on Change.—4 p.c. Insurance. 1949 £101: Comomnwealth Bank of Australia 17 8. 17 7 (2!; E. S. and A. Bank £5 10 6. Bank of New South Wales £32 5-. Westport Coal 13 10: Addison's Flat <1 - paid! 26; BellHooper (1 - paid! 1 : Bell-Hooper <9d paid! lid: Charleston Sluicing 19; New Cornish Point (1 - paid! lid: Waitahu 5 5 (2!; Nokomal 21: Maerewhenua (. 1/ paid) lOd: Okaristo j 8 7|, 8 6. Sales Reported Westport Stockton Coal 65 p.c., 1933. £7B • DUNEDIN. December 14. Sales reported—Bell-Hooper (two) 1 Hid. Westport Coal 13 9. Nevis Diesel (two) 1 05. SYDNEY STOCK EXCHANGE. 11 United Press Association—By Electric Telegraph—Copyright SYDNEY. December 14. On the Stock Exchange there was a ! general slackening of business with the ; approach of the holidays, neither buyers nor sellers displaying any inclination to press business. The market lost nothing in strength, ail high class securities being firmlv ! quoted. Sales.—Bank of New South Wales, £3l 7 6: Commercial Bank of Sydney, £l7 5/-; Commercial Bank of Australia 18/-; National Bank (£lO paid‘ £l3 10 Queensland National Bank £5 14 : Australian General Insurance 11/10; Associated News (pref.) 20 9; Australian Gas (A pref.! £7 h British Tobacco. £1 17 6: Dunlop Perdriau (pref.! £1 15 9: Goldsbrougii Mortgage £1 13 6: Anthony Hordern 13 4: (pref.! £l2 3; Electrolytic I Zinc, £l6 6: Wilcox. Mofflin, jll 8: Winchcombe. Carson £l9 9; Tooths £2 29: Tooheys £2 3/101; j Bulolo Gold £5 46; Bulolo Deposits 21; Broken Hill Propv. £2 1/9. Melbourne.—Commercial Bank of Sydney £l7 5-: Electrolytic Zinc £2 6 6; Dunloß Perdriau £1 TO/-. LAMBING PERCENTAGES By Telegraph—Press Association WELLINGTON. December 14. An estimate of the current year’s lambing for the Dominion by the Department of Agriculture shows that j 17,209.000 breeding ewes are expected to I produce 15.457.000 lambs, a percentage ' of 89 82. In the North Island 9.318.000 ewes are estimated to give a percentage of 91.23. which is higher than any ! season in the last six years. In the | South Island 7.890.000 ewes are expected I to give a percentage of 88.14, a fraction less than last year. The Dominion average is 1 per cent higher than last I year, and higher than in any of the ! last six years. The highest district I yield. 95.26 per cent., is expected from , 3.591.000 ewes in the Wellington-West ; Coast area. AUSTRALIAN PRODUCE. j United Press Association —By Electric Telegraph —Copyright SYDNEY. December 14. Wheat—Bagged on sidings 2 04, bulk I 1/111. equal to about 2 71 ex trucks. Sydney. j Flour—£ll 15s, including £4 5s a | ton Federal tax. Bran—£4 ss. i Pollard—£4 15s. Potatoes —Tasmanian to £7. Victorian i to £3 10s, local, new £4 10s. Onions —Victorian Brown Spanish £4 10s. Oaten Hay £7 10s. maize 3 8. ADELAIDE. December 14. I Wheat—Growers lots 24. j Flour—Bakers’ lots £7 2s 6d plus sales tax. Bran and pollard—£4 17s 6d plus • sales tax. | Oats—Algerian, about 1/10. COLOMBO TEA SALES. By Telegraph—Press Association DUNEDIN. December 13 j Mr L. M. Wright has received the i following cable message about the ! Colombo tea auction on December 12: "Market for common teas advanced 2 to 3 cents, while good broken Pekoes were I slightly Irregular. The demand for ! other grades was less active than at the previous sale. The quantity auctioned was 2.010.0001 b. At next week's ] sale 2,610.0001 b will be catalogued.” DAIRY PRODUCE. The South Island Dairy Association Ltd has received the following market report from the New Zealand Produce i Association. Ltd., London:— Butter—Quiet. 71/- to 72 -, Danish i 112/-. Cheese—Steady, white 49 /-, coloured j 45 - to 46 -. j The N.Z. Loan and Mercantile | Agency Co. Ltd., have received the folj lowing message from their London i House:— j Butter, 71 ’-. Cheese: White 49'-, coloured 45 - to 46/-. UNITED STATES DOLLAR. LONDON. December 13. Sterling exchange, London on New York. Is 5 06 dollars. TALLOW MARKET. Cnlted Pres* Association— Bv Electric Telegraph—Copyright LONDON, December 13. At the tallow sales 927 casks were { offered, and 242 sold. Common sorts realised full prices; mutton, fine 24 3. ! medium 20 -; beef, fine 23 9, medium 20/-. SHARKS. LONDON. December 13. ! Shares—New Oulnea gold 4 BJd; Bulolo 85/-. STUDHOLME SALE. At the fortnightly stock sale at Studholme Junction on Wednesday, a small entry was penned In each section, and the attendance of buyers was below the average Beef prices were easier by about 1/- a head. The following price were realised:— Fat sheep—Six ewes at 17 2. 15 at II -, 11 at 14 6. 5 at 16 1. 12 wethers at 15 -. 1 at 19 9. 2 at 18 -. Store sheep —One wether at 15/-. 12 ! at 12 -. 12 at 15'-. 6 at IS'-. Cattle Fat cows at £l. £2. £2 15s: £3 15s. £4 7s 6d. £5; fat heifers at £5 12s 6d. £4 10s; yearling heifers at 28'-; cow and calf £1 10s: cow in profit so - und 20 -; rows €2 15s £3. £1 10s: empty cows £2 and £1; heifers 1( - and 20 -.

Buvers Sellers. £ s. d. £ s. d N.Z. Govt. Debentures— 35 p.c. Inscr.. 193943 100 0 0 — 4 p.c. Inscr.. 1940 102 0 0 — 4 p.c. Inscr., 1946 101 10 0 102 5 0 4 p.c. Inscr., 1949 101 0 0 101 5 0 4 p.c. Bonds. 1940 102 0 0 — 4 p.c. Bonds. 1955 102 0 0 — Other Debentures — Ch.Ch. Drainage. 55 p.c. 31 3 65 . . — 103 0 0 Glaxo. 65 p.c. 1945 90 0 0 — N.Z. Refrigerating 65 p.c., 1935 .... 101 10 0 — Ch.Ch. Gas, 55 p.c.. 1934 — 101 5 0 } Banks— Australasia .. .. ii .8 0 12 5 0 Comm, of Aust. .. 0 17 7 0 17 8 ! Comm, of Sydney 17 3 0 17 8 0 ; E.. S.. and A. 5 15 6 5 8 0 National of A asia (£10 paid) .. .. 13 5 0 13 8 0 National of A asia (£5 paid) 6 8 6 — New South Wales 32 0 0 32 5 0 Union of Aust. .. — 9 16 0 Insurance— i National — 0 19 2 Loan and Agency Dalgety and Co. . 9 .5 0 10 8 0 Goldsbrough Mort. 1 13 3 1 13 2 Mutual Benefit 10 0 0 12 5 0 National Mortgage “A” 3 4 0 3 5 6 N.Z. Guarantee Corporation .. .. 0 8 3 0 9 3 N.Z. Loan and Mer can-tile (ord. stk.) 58 0 0 61 0 0 Wright Stephenson and Co. (ord.) . 0 15 0 — Shipping— Huddart Parker . . 1 11 9 — P. and O. Deferred Stock 1 0 0 1 4 0 Frozen Meat— Canterbury (cum. div.' 10 12 6 a 2 6 Ditto (pref. cum. div.) 5 12 6 6 2 6 Gear 1 12 9 — N.Z. Refrigerating (£1 paid) .. .. 0 19 11 1 0 3 N.Z. Refrigerating (10/- paid) .. .. 0 9 4 0 9 6 Woollens— Kaiapoi (17/- paid* 0 8 3 0 8 6 Ditto (7/- paid) .. 0 2 3 0 3 6 Ditto (pref.) . . . 0 16 4 0 17 0 Mosgiel 9 5 0 Coal— Westport 0 13 9 — Stockton (prrf.j .. t 2 6 0 4 0 Gas— Christchurch .. .. 1 8 1 1 9 0 Ditto (10 - paid) 0 13 6 0 14 0 Wellington (pref.) — 1 5 0 Breweries— Carlton 2 2 3 2 3 0 New' Zealand .. .. 1 16 9 1 17 4 Staples — i 7 9 Timaru (7 6 paid) 0 5 0 Miscellaneous — Australasian Paper and Pulp .. .. 1 14 3 1 16 0 Amalgamated Wireless (contr.) .. .. 1 1 0 1 1 6 Anthony Hordern 0 13 2 0 13 4 Australian Glass . 2 7 0 2 10 0 Beath and Co. 1 7 6 1 9 6 Ditto (1/- paid) .. — 0 7 0 British Tobacco (cum. div.) .. .. 1 16 9 1 17 3 Broken Hill Propy. 2 0 6 2 1 0 Burns Philp .. .. 2 2 9 2 14 0 D.I.C. (10 - paid) 0 13 4 — Dominion Fertiliser 0 16 6 0 17 6 Donaghy Rope arid Twine 2 5 0 2 8 0 Dunlop Rubber 0 19 10 0 19 11 Electro Zinc (ord.) 1 5 9 1 6 0 Ditto (pref.) . .. 1 12 9 1 13 0 Greater Crystal Palace 0 17 0 — Henry Jones Co-op. 1 13 6 1 14 3 Howard Smith . .. 0 10 0 — New Colosseum .. — 2 0 0 Moturoa Oil .. .. — 0 5 0 Mt. Lvell (cum. div.) 1 2 8 1 2 9 N.Z. Drug Co. . .. 3 13 9 3 15 0 N.Z. Farmers' Co-op. (1st pref.) 1 8 9 — N.Z. Farmers ("A" pref) .. .. 0 5 0 1 5 0 N.Z. Farmers’ <"B" pref.) .. .. — 1 5 0 | N.Z. Farmers’ Co-op. (45 p.c. Stock. 1940) . .. 69 0 0 80 0 0 N.Z. Farmers’ Co-op. «4i p.c. Stock. 1945) . . . 69 0 0 — N.Z. Farmers’ Fertiliser 0 18 0 0 19 0 ! Victoria Nyanza Sugar — Whitcombe Tombs 3 7 Wilson’s Cement . 1 5 0 1 Wilcox Mofflin .. — 0 Mining— Addison's Flat (1/- paid, cum. div.) 0 2 2 Alexander — Bell Hill 0 1 4 0 2 6 Bell Hooper (1/- paid) .. .. 0 0 m 0 1 03 | Ditto <9d paid> .. 0 0 105 0 0 115 Bell Kilgour .. .. 0 0 10 1 05 Bendigo Goldlights c 0 3 0 5 Big River 0 0 7 0 0 11 Blackwater (cum. div.) 1 10 0 1 12 6 Central Shotover <9d paid) .. .. 0 0 9 0 1 3 Charleston Sluicing 0 1 9 0 1 11 Freshford 0 0 1 0 2 Gillespie's Beach .. 0 1 11 0 2 0 Golden Dawn 0 1 10 Golconda <8d paid) 0 0 8 Golden Point .. .. 0 0 25 3 Mount Morgan (cum. div.) .. .. 2 16 6 2 18 3 Golden Sands (cum. div.) .. .. 0 2 9 0 3 1 King Solomon 0 3 0 0 3 2 Lawson's Flat . .. 0 0 4 0 0 65 Mahaklpawa .. .. 0 0 1 0 0 15 Mining House Concessions <6d paid) 0 0 5 0 0 35 Nevis Diesel F,lectrie 0 0 in 0 1 0 New Cornish Point (1/- paid* .. .. 0 0 11 0 1 05 Ditto (6d paid) ... 0 0 8 Nokom&l 0 2 0 0 2 15 Maerewhenua <1 - 0 0 3i 0 105 Okarito 0 8 1 0 9 6 Paddv's Point (cum. div.) 0 4 6 Waihi 1 7 0 1 7 3 Waihi Grand Junction .. .. .. 0 4 1 0 4 3 Waitahu 0 5 3 0 5 5