STOCKS AND SHARES

Timaru Herald, Volume CXLIX, Issue 21968, 21 May 1941, Page 7

STOCKS AND SHARES

CHRISTCHURCH Sales on ’Change— lso New Zealand Breweries 31/1, 150 New Zealand Newspapers 29/6, 900 Christchurch Gas 21/6 (2), 21/5 (2), 21/3 (2). AUCKLAND Sales on ’Change—Stock, 31/5/54-58, 4 per cent, £lO7/12/6; Stock, 15/3/40-43, 4 per cent, £lOl/2/6; Amalgamated Brick (Auckland), 1/3/44, 6 per cent,

£lOl/5/-; N.Z. Insurance 62/3; Westport Stockton 2/6; Auckland Gas 5/10; Dominion Breweries (ord.) 28/9; British Tobacco 47/-; Colonial Sugar £52/10/-; Farmers’ Trading 20/-. WELLINGTON j, Sales on ’Change—N.Z. Refrigerating 17/-, Dominion Breweries 28/9, Kaiapoi Woollen 5/6. DUNEDIN Sales on ’Change War Loan £B2/10/-, Milburn Lime 37/6. Sales Reported—N.Z. Drugs 77/-, Mt. Morgan 9/-. AUSTRAL!AM STOCK EXCHANGES (Rec. 10.20 p.m.) SYDNEY, May 20. Investment trading was restricted on the stock Exchange to-day. Leading industrials were generally firm. Sales: Australian Consolidated Industries 39/9, Rawang 8/1, Woolworths 15/3, (paid) 43/0/J, Broken Hill Proprietary Burns Philp 49/6, Bank of New South Wales £26/4/-, Fairymead Sugar 32/-, Associated News 12/4, Peters 19/1/*, Mort's Dock 19/-, Goldsbrough Mort 23/9, Adelaide Steam 27/3. Melbourne—Union Bank £6/9/-, Myer 30/-, Coles 57/9, Electrolytic Zinc (pref.) 52/-. DIVIDEND DECLARED (P.A.) WELLINGTON, May 20. Dominion Fertiliser Ltd. recommends a dividend of 4» per cent for the year ended March 31. TEMUKA SALE IMPROVED DEMAND FOR FAT SHEEP The fortnightly stock sale was held yesterday at the Temuka yards, when fair entries came forward for most sections. About 100 head of fat cattle were offered to butchers. The sale was a dragging one, owing to the quality being not up to the usual standard. About two races of fat sheep showed an improvement on the rates ruling last week. A number of draught horses were forwarded, and although there were one or two buyers on the look out for good young sorts already broken in, the horses which had not been handled met witji a very sluggish sale, but a number were disposed of as vendors were keen to quit. The range of values was:— Fat Cattle—Steers, best £ll to £l2/17/6, medium £9 to £lO/12/6, light £8 to £B/17/6. Cows, best £7 to £B/2/6, medium £6 to £6/17/6, light £4 to £5/7/6. Heifers, best £8 to £9/7/6, medium £6/17/6 to £7/17/6, light £5 to £6/7/6. Dairy Cattle—Cows on drop £7 to £lO. Fat Sheep—Wethers, best 22/- to 24/10, others 19/- to 21/7. Ewes, best 14/- to 17/-, medium 12/- to 13/7, light 8/- to 11/-. Lambs, best 23/- to 26/10, medium £1 to 22/10, light 18/- to 19/10. Horses—Bay mare, 4yrs, all work £l5: bay mare, 8 yr?, all work, £10; geldinas rising 4yrs, unbroken, £3 to £6; fillies rising 2 and 3vrs. £3/10 to £7/15/-; gelding rising svrs to £B/5/-.