COMMERCIAL

Timaru Herald, Volume CXXXVIII, Issue 19944, 31 October 1934, Page 14

COMMERCIAL

CHRISTCHURCH STOCK EXCHANGE LATEST QUOTATIONS Svecial to “ The Tirnaru Herald " CHRISTCHURCH. October 30. The following quotations were ruling when the Stock Exchange closed for the day: i ]

i . Mining House Concessions ... 0 0 1 0 031 Moonlight Nelson Creek 0 0 23 Mossy Creek ... 0 1 93 0 111 | Mount Lyell ... 018 10 019 0 | Nevis Diesel Electric .... 0 0 43 0 0 5 New Cornish Point (9d paid) ... Nokomai 0 3 73 0 3 83 Okarito 0 8 4 0 8 9 Peninsula Tin <ls Paid) _ 0 19 6 Rawang Tin ... 0 8 2 0 8 4 Skippers 0 0 53 0 063 Stafford Sluicing 0 011 0 12 Upper Shotover <9d paid) ... 0 0 4 0 010 Waihi (cum. div.) 1 15 0 1 18 3 Waihi Grand Junction ... 0 4 2 0 4 4 Waitahu 0 4 1 Worksop Extended 0 3 0 0 3 6 Unlisted Stocks. All transactions in ; ocks quoted in this section are subject to a different rate of brokerage from Listed Stocks, and are not quoted on the Official List. Buyers. Sellers. £ s. d. £ s. d. Anderson’s, Ltd. (pref.) 016 2 018 3 Associated Motorists Petrol (pf.) Argo Gold (6d pd.) 0 0 83 Ben Ledi (1/- pd.) 0 1 03 0 1 5 Golden Gully 1/paicl) 0 0 11 Mining Research 0 0 11 Macetown (1/- pd) 0 13 ! Maori Gully (1 / - paid) 0 1 43 0 1 5 N.Z. Dry Cell and Battery .... 0 17 6 N.Z. Mining Investment 0 1 03 0 1 1 N.Z. Woolpacks . . 0 16 0 Procera Bread (10s paid) 012 4 012 7 Snowy River ... Were's Investment Trust _ 0 4 10 | Woolworths <Syd.) ( ord.) 313 10 314 2

YESTERDAY'S SALES

By Telesrrqph P»p« wv-mtinr AUCKLAND, October 30. Sales on ’Change.—Stock. 15 2 46. 4 per cent.. £109; 15/4/49. £109; 15 6 55. £ll3 10 -; Bank of Australasia, £ll 11/6, £lll2 -; Bank of New South Wales, £3l/15/-; Bank of New Zealand j ( D Mort.), 33 9; Reserve Bank, £6/11/-; I ! National Insurance, 21/7; Kaiapoi i Woollen (7/- paid). 4/63; Kauri Tim- : ; ber, 19 r 4; Staples Brewery. 31 -; Brit- I i ish Tobacco. 41/-; Colonial Sugar, £77, . * £77/5/-; Farmers’ Trading, 7 2; Gol- ! | conda, 6d; Talisman Dubbo. 11 9. ! Unofficial List.—Claude Neon Lights, ! 51/6; Woolworths (Sydney), ord.. 74 6. WELLINGTON. October 30. j Sales on ’Change.—Stock, 33 per cent. I 1938-52. £llO 26; Bank of Australasia, £ll/10 6, £ll 10/9; Reserve Bank. £6 11 3; New Zealand Guarantee Corporation. 5 6: British Tobacco. 41 3; Consolidated Brick. 110; Skippers. 63d: Worksop Extended, 3/-. Unofficial.—Woolworths, Ltd. <ord.), 1 74 6. CHRISTCHURCH. October 30. j Sales on ’Change.—Stock. 4 per cent. 1940. £105; 1955. £ll3/s—; Booth Macdonald. 63 per cent., 1937, £7O 5/-; Reserve Bank, £6/11/-; Goldsbrough Mort. 30 6; New Zealand Refrigerating (10/ paid). 9 9 (8); Christchurch Gas GO - paid), 16/6; New Zealand Breweries, 49/10; Anthony Hordern, 16/2; British Tobacco, 41/6 (2), 41/4, 41/5; Broken Hill Proprietary (cum div.), 52 -; Alexander (14/6 paid). 15/9 (2); Big River, 1/10; Blackwater, 33/5; Gillespie’s Beach, 1/93; Golden Point. 2d; Goldfields Dredging. 103 d: King Solomon, 3/8; Mahakipawa, lOd <4); Mt. Lyell. 18/11 (5); Nokomai, 3 9. 3/83; Worksop Extended, 3/- (2); Skippers. 63d. Sales Reported.—Skippers. 63d (2); Mahakipawa. 93d (2), lOd; New Zealand Farmers’ Co-operative (A pref.). 22/6; New Zealand Farmers Co-op. (Ist pref.), 45/6; Electrolytic Zinc <ord.>. 28/-; Dunlop Rubber 20/-; United Building, 20/9; Bank of New Zealand. 49/-; National Bank of Australasia (£5 paid, cum div.), £6'3/6. Unlisted Stocks—Argo Gold <6d paid) 83d (3); Ben Ledi (1/- paid), I'll; Maori Gully, 1/5 (2); ’New Zealand Mining Investment 1 03 (3), 1/1: Woolworths (Sydney), ord.. 74'-. 74/6; Procera Bread GO/- paid). 12 6. DUNEDIN, October 30. Sales Reported.—National Insurance. 1 21/6, 21/7. SYDNEY STOCK EXCHANGE United Press Association—By Electric Telegraph —Copyright (Received October 30, 9.5 p.m.) SYDNEY, October 30. j On the Stock Exchange the market j was without much change to-day. Most ! of the sound industrial concerns held j firm on late rates. Commonwealth | Bonds went higher. Sales:— Bank of New South Wales, £32/10 I, Colonial Sugar, £77/10/-; Adelaide Steam, 30/9; Howard Smith, 16 3; British Tobacco, 41/3; Tooths. 51''-; Carlton Brewery. 51/-; Dunlop Perdriau, 20/3; Goldsbrough Mort., 31/3; Morris and Hedstrom, 17 6; Henry Jones, 37/-; ditto, New Zealand Delivery, 37/-; Farmers, 25/-: Hume Pipe. 14/-; Australian Iron and Steel (pref.). 23 13; General Industries, 13/6; Mount Morgan, 35/6; Placer Development, £24G -; Commonwealth Bonds (all 4 per cent), 1938. £lO6/7/6; 1944, £lO7/10/-; 1953. £lll/12 6; 1955, 112/5/-; 1957. £ll2 8 9; 1959. £llO/15/-; 1961, £lll/5/-. Melbourne Sales.—National Bank (£5 paid). £6/6/6; Goldsbrough Mort.. 31 3; Howard Smith, 16/-; South Broken Hill, 75 6: Mount Lyell. 19/-; Tongkah Harbour, 21/9.

METALS MARKET

United Press Association—By Electric Telegraph—Copyright (Received October 30, 9.20 p.m.) LONDON. October 29.

ENGLISH WHEAT QUOTATIONS United Press Association —By Electric Telegraph—Copyright LONDON, October 29. Cargoes, —The demand is desultory. Parcels are in poor demand. London futures December 20/7, February 21/8, April 22/2. Liverpool futures —October 4/10. De- | cember 5/03, March 5/43, May 5/51. V

HIGH COMMISSIONER'S REPORT ' Th< “ Department ot Agriculture has 0 received the following message dated ' October 27. from the High Comm * 5 sioner for New Zealand, London: 3 Tallow. . Poor demand at auction: 699 casks * offered of which 95 sold Present sdot quotations are:— ", . Mutton—Fine. 22 6: fair to good 20 6 * to 21 6; dark to dull. 17 6 to 18 6. 2 ® eef r- Sv : eet and or mixed. 21 6to 22 6; fair to good. 19/- to 21 dark jto dull. 17 6tolß 6. ’ * , Mixed—Fair to good. 19/- to 31/--dark to dull, 17 6 to 18 6. 4 Gut. etc —l6/6 to 18 6 g Hemp. Manila: Market quiet but steady Value K grade for October-December 1 shipment £l2 15 -. t ! Sisal: Market quiet and easier Closmg sellers for October-December shin--1 ment £l3 10'-. Market unchanged on the basis of "Fair” grade with nominal value at £l3 for October-December shipment. 3 Eggs. . Market firm.—English, national pack * 3 17 -to 22 6. ordinary pack 1 ?’3 to 18 6; Danish. 13 - to 16 '9; Australian, 11, J 5 to 12 9. 1 Apples. I Home and imported supplies heavy. « Washington and Jonathan. 10/- to 11/-; Oregon Newtown, 12 - to 13/-; Cali: fornian Newtown. 9 - to 10/-; British , Columbia. Con s Orange, 8 - to 12 -' 3 Jonathan. 9 - to 11 -; Mackintosh Red’. ( 8 - to 10 -. 3 ! < i 3 . DALGETY AND CO„ LTD. > ' Dalgety and Co., Ltd., have received , advice from the head office in London ‘ that at the annual meeting to be held on November 22. the directors recommend declaring a final dividend of 24 per cent., making, with the interim dividend already declared. 5 pdr cent, for the year ended June 30 last. The directors propose transferring £IO.OOO to the Staff Provident Fund and carrying forward the sum of £129.400. —

Buyers. Sellers £ s. d £ s. d. N.Z. Go t. Debs.33 p.c. Inscr. 1941 106 0 0 4 p.c. Inscr., 1940 10' 12 6 105 6 4 p.c. Inscr., 1946 — 109 10 0 4 p.c. Inscr., 1949 10) 15 0 109 15 0 4 p.c. Inscr., 1955 113 5 0 113 7 6 4 p.c. Bonds. 1940 105 0 0 4 p.c. Bonds, 1949 109 0 0 4 p.c. Bonds, 1955 113 10 0 114 0 0 Other Debentures— North Canterbury Hospital, 5J p.c. 31/1/52 .... 103 0 0 106 0 0 Banks— Australasia .... 11 5 0 11 15 0 Comm, of Aust. Comm. of Aust. 0 15 li 0 16 2 (pref.) 9 18 6 10 0 0 Comm, of Sydney 17 0 0 17 10 0 E., S. and A National of A’asia 5 4 6 5 6 0 (£10 paid, cum div.) 12 7 6 12 12 6 National of A'asia (£5 paid, cum div.) 6 3 6 6 5 0 National of N.Z. . 3 10 3 New South Wales 31 15 0 32 0 0 New Zealand . . . 2 8 6 2 9 3 Reserve 6 11 0 6 12 0 Union of Aust. . . — 9 6 6 nsuranee— A.P.A 0 10 7 0 11 3 Mercantile Mutual 1 4 6 1 4 9 National <c. div.) . Lo: n and Agenej Ch. Ch. Building 1 2 0 Society .... 14 0 0 — Dalgety and Co. . 9 3 6 9 15 0 Goldsbrough Mort. 1 10 5 1 10 8 Mutual Benefit . . N.Z. Guarantee 11 15 0 — Corporation . . 0 5 4 0 5 5 New Zealand Loan and Merc. (ord. stk.) 40 0 0 United Building Society .... 1 0 8 1 1 6 Shipping— Huddart - Parker (pref.) — 1 10 6 Frozen Meat— N.Z. Refrigerating (£1 paid) . . . N.Z. Refrigerating 0 19 9 0 19 a (10 - paid) . . 0 9 9 0 10 0 North Canterbury Freezing .... 0 16 6 1 0 0 Woollens— Kaiapoi (17/- pd.) 0 14 6 — Kaiapoi <7 - pd.) 0 4 7 — Kaiapoi (pref.) . . — 1 0 Mosgiel 11 0 0 15 0 0 Coal— Stockton (ord.' 0 3 0 Stockton (pref. > . — 0 5 0 Gas— Christchurch . . . Christchurch (10/1 14 4 - paid) 0 16 2 0 16 5 Timaru 1 2 6 — Breweries— Fosters 3 0 0 Monteiths .... 0 14 0 New Zealand . . . 2 9 7 2 9 10 Staples 1 11 0 1 11 9 Timaru (7 6 paid) 0 7 8 0 9 0 Tooths 2 10 10 2 11 0 Miscellaneous — Associated Newspapers 1 5 0 — Anthony Hordern Australian Glrss (c. 0 16 2 0 16 3 div.) 2 13 6 2 14 5 Aust. Iron & Steel pref.) .... 1 2 8 1 3 6 Beath and Co. . . Beath and Co. 1 12 0 (1/- paid) . . . 0 9 9 0 10 3 British Tobacco Broken Hill Pro2 1 3 1 5 proprietary (c. div.) 2 11 i0 2 12 1 Burns Philp (c. div.) 2 17 0 — Claude Neon (Sydney 2 10 0 2 16 0 Colonial Sugar . . Dominion Builders' 76 15 0 77 10 0 Supplies .... 0 3 3 0 4 3 Dom. Fertiliser . . Dunlop Perdriau 1 0 6 Rubber 1 0 0 1 0 1 Electrolytic Zinc (ord.) 1 7 L0 1 8 1 Electrolytic Zinc (pref.) Greater Crystal 1 16 0 1 16 6 Palace — 1 0 17 6 Henry Jones Co-op 1 16 0 1 17 0 Kauri Timber . . Mason Struthers 0 19 0 1 19 6 (£1 paid) . . . — 0 16 0 Mason. Struthers (10/- paid) . . — 0 8 0 Milbum Lime . . N.Z. F a r m e r s’ 2 0 0 2 5 0 Co-op (“A" pf.) 0 12 6 1 12 6 N.Z. Farmer s’ Co-op. 4i p.c. Stock. 1940) . . _ 87 10 0 N.Z Farmers’ Co-op. (4i p.c. Stock. 1939) . . 85 0 0 88 0 0 N.Z. Newspapers . Northern Roller 1 12 9 Milling .... Quill Morris (in 1 12 0 1 14 0 liquidation) . . 0 2 9 0 3 1 Sun Newspapers . Victoria Nyanza 0 3 10 0 Sugar Whitcombe and 0 6 6 Tombs 3 18 6 — Woolworths (N.Z.) ord Woolworths (N.Z.) 8 0 0 - pref 2 0 4 2 1 3 Mining— Alexander .... Alexander (14/6 0 18 0 0 18 9 paid) 0 15 9 0 19 0 Aotearoa 0 0 9 0 1 0 Bell Hill .... 0 0 8 0 2 6 Bell Hooper . . . 0 0 2 0 0 4 Bell Kilgour . . . 0 0 2 0 0 3 Bendigo Goldlights — 0 0 11 Big River .... 0 1 9 0 1 lOi Blackwater . . . 1 13 6 1 13 8 Brian Boru .... 0 1 0 0 1 2 Deep Lead .... 0 1 11 0 2 3 Gillespie’s Beach . 0 1 9 i 0 1 lOi Glenroy .;.... 0 0 11 0 1 0 Golconda (lOd pd.) 0 0 3 — Golden Dawn . . 0 2 0 0 2 3 Golden Point . . . Goldfields Dredg0 0 U 0 0 2 ing 0 0 10 0 0 Hi Kildare 0 2 2 0 2 6 King Solomon . . 0 3 7 0 3 8 h Lawson’s Flat . . 0 0 2 h 0 0 3 Maerewhenua . . . 0 0 3 0 0 3i Mahakipawa . . . Mahakipawa (pf.) 0 0 91 0 0 10 1929 issue . . . 0 1 0 — Mahakioawa (pf.) 1930 issue . . . 0 1 li 0 1 3i MaUJr 0 2 7 0 2 8'-

Quotations: — Copper— £ s. d. Standard, spot 28 18 9 Forward 29 6 3 Electrolytic .. .. & . 32 0 0 to 32 5 0 Wire Bars American: 9 cents per 32 unit 5 0 Lead — Spot 10 17 6 Forward 10 17 6 Spelter— Spot 12 16 3 Forward 12 16 3 Tin— Spot 229 12 6 Forward 228 11 3 Silver— Standard, per oz. .. . Fine 230 25 i