STOCKS AND SHARES

Timaru Herald, Volume CXLIX, Issue 21971, 24 May 1941, Page 5

STOCKS AND SHARES

CHRISTCHURCH Sales on ’Change— 3oo Assoc. Gold Dredge <l2/- pd.) 10/6 (2), 10/7. Sales Reported— 2oo Gear Meat 12/6; 300 Christchurch Gas 21/- (2); 100 Broken Hill Proprietary 42/10; 100 N.Z. Drug Co.. 77/3; 240 Waihi Investments 3/-; £lOOO War Loan, 1/10'53 £B2/15/-; 25 Union Bank of Australia £B/12/6. AUCKLAND Sales on ’Change— Bonds 15/2/4T-46 4 p.c. £103; War Loan 1/10/53 £B2/#/-; Atnal. Brick (Auckland) 1/3/44, 6 p.c. £lOl/5/-; City of Auckland, 1/1/44-47, 4t p.c. £103; Auckland Gas (Perp. Siock) £96; Com. Bank of Aust. 13/11; Union Bank £6/12/6 (2); National Insurance 18/6; Equitable Building 8/-; Con. Brick 6/4 (2); Bycroft 43/11; Farmers' Trading 20/3; Gear Meat 12/6; Reid Rubber 28/-; Wilson’s Cement 19/2; Martha 7/4; Waihi Investments 3/- (2); Loloma 22/6: Wellington Alluvials 3/11; Auckland Meat 29/-. WELLINGTON , Sales on ’Change—4 p.c. Stock, 1946 £lu3; 4 p.c. Stock 1949 £lO3/12/6; 4 p.c. Bonds, 1955. £lO6/10/-; War Loan 1/10/53 £B2/15/- (2); Consolidated Brick 6/4. DUNEDIN Sales on ’Change: National Insurance 18/6, Christchurch Gas 21/-, Broken Hill Pty. 42/6, Morts Dock 19/10, N. Z. Drugs 7/-, N.Z. Breweries 31/6. AUSTRALIAN STOCK EXCHANGES (Rec. 11.20 p.m.) SYDNEY. May 23. Business on the Stock Exchange was restricted and leading industrials were inc ined to ease. Sales.—Anthony Hordern 13/1, Broken Hill Ppty. 39/6, Henry Jones 49/3, Peters 18/9, Lustre (pref.) J 2/6, Tooths 50/-, Austral Gas (A) £4/18/-, Bonds Industries 29/9, Bank of New South Wales £26/5/-, Placer Development 61/-, Farmers 25/3. Melbourne—Coles 58/-, Australian Consolidated Industries 43/-, Meyer (pref.). 32/-, Commercial Bank of Australia 13/-. PRODUCE MARKET e CHRISTCHURCH (PA.) CHRISTCHURCH, May 23. Except for a restrained trade in potatoes, the grain and produce markets locally are extremely dull. Potatoes have been a little weaker in the last few days, mainly because supplies are still reaching the northern markets from Ohakune. Digging is well forward in most districts. The crop has turned out remarkably well in many places, but in others it has been disappointing. There is no indication at present that there will be a shortage, but it is early yet to be able to tell, r'/hites are worth £7 on trucks with Suttons at £7/10/-. The market has 11 ”■? strength. No other section of the market shows any life, and prices are unchanged X from last week. DUNEDIN (P.A.) DUNEDIN, May 23. Only best quality wheat is being accepted by millers, but there is not much of this .wheat left to be marketed. Lines out of condition have to be disposed of as fowl feed, supplies of which are fairly plentiful. Fowl wheat .is selling wholesale at 5/6 to 5/9 a bushel, sacks extra and in small lots ex the stores at 6/6. / The chaff market is quiet. To-day’s quotation for best quality is £6/5/0 a ton, sacks extra, ex truck, with small J’lots realising £7 a ton ex store. Most distributors of potatoes are fully stocked. The value of best quality Arran Chiefs is £7/10/- a ton, ••sacks included, with King Edwards saleable at £9 a ton. All the seed markets remain firm, * but there is at present a lack of offerS Ings, especially from the country. t t S SWEEPSTAKES IN SHELTERS 2 Novel ideas in sweepstakes have ? been thought out by air raid shelter j parties in London, all proceeds over J and above the prize money going to j the Spitfire fund. In some shelters the . nightly prize is won by the holder of ? the ticket corresponding most nearly • with the time at which the morning ■i "All Clear” is sounded. A South LonIl don firm runs a sweepstake on the j number of German ’planes shot down r. during the ""e-k—Sunday to Saturday.