Finance and Commerce CHRISTCHURCH STOCK EXCHANGE

Timaru Herald, Volume CXLVII, Issue 21531, 19 December 1939, Page 5

Finance and Commerce

CHRISTCHURCH STOCK EXCHANGE

YESTERDAY’S QUOTATIONS Special to the “ Timaru Herald ” CHRISTCHURCH, December 18. The following quotations were ruling for the morning call on the Stock Exchange:— Buyers. Sellers.

Worksop .... 0 0 6!. TEMUKA STOCK SALE LARGE ENTRY OF CATTLE VALUES EASIER Owing to the approach of the holi- ! day season, the Temuka sale was held : yesterday in order that butchers could | get their supplies in ample time for ; Christmas. There was an over supply | of fat cattle, but values did not ease so much as was anticipated. Fat Cattle About 200 head were forward, good beef selling at 20/- and medium beef about 40 - a head less than late rates. | Values were:

£ s. d. £ s. d. 4 per cent. Inscr.. 15 3 40-43 . . 99 15 0 — 15/2, 43-46 . . 99 10 0 — 31 5 54-58 . . 98 15 0 — 4 per cent. Bonds. 1943-46 .... 99 10 0 — Company Debs. — N.Z. Refrig., 41 p.c. 1940-45 .... 99 7 6 — Banks— Comm, of Aust. . 0 16 0 0 16 5 Comm, of Sydney 19 15 0 — E. S. and A. . . . 4 14 6 5 5 <> Natl. of A asia (£10) 13 0 0 — (£5) 6 0 0 — National of N.Z. . —— 2 3 0 New Zealand . . 1 19 9 • > 0 3 D Mort. . . . 1 6 0 1 7 0 Insurance— National .... 0 18 0 — New Zealand . . 2 19 6 — South British . . 7 9 — Standard .... 2 17 6 — Loan & Agency— Dalgety — 7 7 6 Goldsbrough Mort. 1 11 0 1 12 0 Mutual Benefit — 13 10 0 N.Z. Guarantee Corporation . . — 0 3 11 N.Z.L. & Mer. ord. 25 0 0 — Sth. Island Fin. . — 0 7 11 United Building . 1 0 3 — Shipping— N.Z. Shipping . . 11 10 0 12 17 6 Union (pref.) . . 1 0 0 1 6 0 Frozen Meat— Canterbury . . . — 10 0 0 N.Z. Refrigerating (£1 paid) . . 0 19 3 0 19 6 (10/- paid) . . 0 9 1 0 9 2 Woollens— Felt and Textiles 1 19 0 — Kaiapoi <17 - pd.) 0 12 L0 0 13 0 (7/- pd.) . . . 0 4 6 — (Pref.) .... 0 15 — Mosgiel 9 10 0 — Oamaru — 0 17 6 Coal— Westport .... — 1 4 3 Westport Stockton 0 3 6 0 4 0 <Pref.) .... 0 8 0 0 8 6 Breweries— Ballins (15/- pd.) 0 10 0 0 11 6 New Zealand . . 1 16 5 1 17 0 Tooheys 1 11 0 — Tooths — 2 18 0 Wards (in liqdn.) — 0 1 4 Miscellaneous— Alloy Steel (Aust.) 0 5 0 — (N.Z.) .... 1 6 3 1 9 9 Beath and Co. 0 14 0 — Broken Hill Ppty. 4 3 9 4 5 9 Colonial Sugar 54 0 0 57 0 0 Dom. Fertilisers . 1 5 3 1 6 6 Dunlop Rubber 1 1 0 1 1 6 Electrolytic Zinc (ord.) .... 4 3 3 4 10 (pref.) .... — 3 6 0 Evans Atlas Flour 1 2 0 — Farmers’ Trading 0 16 (i — G. J. Coles . . . 4 0 4 3 0 Hay's Ltd. . . . 1 0 3 — Henry Jones . . — 3 1 0 MacdufTs Ltd. . . 0 3 7 0 3 11 (pref.) .... 0 11 0 0 12 0 McKenzies Ltd. — 1 0 N.Z. Drug Co. . . 3 14 6 — 41 p.c. Stk 49> 81 0 0 — (41 p.c. Stk ’50) 81 0 0 — (41 p.c. Stk ’55) 81 0 0 — N.Z.F. Fertiliser (J 18 0 — Standard Cement 1 3 7 1 4 ■’) Taranaki Oil . . — 0 5 1 Wilcox Mofflin (1 7 1 — Wilson’s Cement . 0 17 6 — Woolworths Ltd (ord.) 1 4 9 1 4 11 (N.Z.) ord. . . c 16 3 0 16 j (N.Z.) pf. . . 1 15 u — Aust. Mining— Broken Hill South — 1 13 3 Mount Lyell . . . 1 11 0 1 . ■> 9 Mount Morgan . . 0 io 0 North Broken Hill 2 10 0 2 13 6 Rawang Tin . . . — 0 12 Mining— Arahura 1 12 0 1 17 6 Argo — 0 1 4 Austral (N.Z.) . . 1 7 6 11 0 Barrvtown . . . ( 18 6 Grey River . . . ( 18 0 ( 18 3 Kaiiieri 1 12 0 1 lo 0 Maori Gully . . . ( 0 8 0 0 1'J _ New Rivei . . . — 0 0 1 1 Ngahere ] 7 7 1 KJ 0 Waimumu . . . . — 0

Steers— Best .. £ .. .. 13 s. d. £ 13 s. d 17 6 0 0 to Medium .. .. 10 0 0 to 12 0 0 Heifers— Best .. .. .. 11 0 0 to 13 12 6 Medium .... 8 7 6 to 10 7 6 Light .. .. .. 6 0 0 to 8 0 0 Cows— Best .. .... 9 0 0 to 11 2 6 Medium .... 7 0 0 to 8 2 G Light .. .... 5 0 0 to 6 7 G Store Cattle Bulls .. . .... 4 0 0 to 7 2 6 Cows and calves to 7 2 6 Fat Sheep An average yarding of fat sheep met with only fair competition. Values were down to the extent of 3/ on best ewes and wethers. Prices were: Prime wethers .. .. 22'to 22'10 Medium . 17/1 to 19/10 Light .. . 14/1 to 16'8 18 to 21 1 Medium . 14/to 16/10 Light .. . to 13/4 Store Sheep Shorn ewes and lambs to 10/-Two-too th ewes .. .. to 18/-Two-tooth wethers to 13/Pigs The large yarding of pigs wa too many for the demand, and the small to medium sorts eased to the extent of 3/- a head Values were • — Best weaners 25 z tc 27/Small weaners .. .. 12/Stores ,. to 31/Best porkers to 44'Light .. to 35/Baconers . .. .« .. 38/to 52/-