COMMERCIAL STOCKS AND SHARES

Timaru Herald, Volume CLIII, Issue 22479, 14 January 1943, Page 4

COMMERCIAL STOCKS AND SHARES

Auckland—Salos on 'Change: Conimcrciat Bank. 16 1. 16 2. 16 3; Colonial Sugar. £53; New Zealand Forest Products, 4 Liberty Loan. 15 5 53-56. 3 per cent. £99 5 Bank of New Zealand. 40 6: A.C.1.. 50 -; Inscribed Stock. 15 1 53-57. £lO4 5 - (2); New Zealand Insurance. 77/-; New Zealand Breweries. 35 9; Gear Meat. 20 3; Taranaki Oil Developments 1 9; Woolworths (N.Z.), 14/10. Wellington—Sales on ’Change: Stock, 15. 4 '46-49, 4 per cent., £lO4 5 -; Stock, 15/9/57-60, 3j per cent., £lOl 10 -. Christchurch—Sales on ’Change: Slab Hut (5 - paid, cum div.). 54. Sales Reported: 34 per cent Inscribed Stock. 1953-57. £lO4 5 -: Commercial Bank of Australia (cum div.), 16/3; Woolworths, Ltd.. 17/1. WOOL APPRAISEMENT (N.Z.P.A.) AUCKLAND, Jan. 13. The Auckland Woolbrokers’ Association announced to-day that the proceeds of the November appraisement were £271,722. and December £264,477, making a total wool return, so far thjs season, of £590,864 for 31,065 bales. Mr H. Dyke, the chairman of the Association, said that an extended season is likely owing to labour problems. The wool was light, and not so bright as last season. There were three appraisements yet. and a possible fourth in May. The season should approach the 1942 record in quantity—lo3,soo bales and a value of £1,770.742. UNION BANK LONDON, January 12. The Union Bank of Australia has declared a final dividend of 3/6. making 6 per cent, for the year, less British income tax. TEMUKA SALE GOOD ALL ROUND MARKET The first sale which has been held for a month In the district took place at the Temuke Saleyards yesterday. There was a good entry in every section, all the markets for the most part reflecting the good rates ruling before Christmas. About 130 head of fat cattle were forward, the quality being rather mixed, but, nevertheless, a very good clearance was effected. There was an outstanding yarding of store cattle, red and black polls predominating, these meeting with a very free sale. About 1500 fat lambs were keenly competed for by exporters, and made fully scheduled rates. Fat sheep showed little change for a moderately sized yarding. Weaner pigs sold well, but other classes were a shade easier. The range of prices was:— Fat Cattle—Fat Steers: Best. £l5 to £l6/12/6; medium, £l4 to £l4/17/6; light, £l2 to £l3/17/6. Fat heifers: Best, £l2 to £l4/17/6; medium, £lO to £ll/17/6; light, £8 to £9/17/6. Fat cows: Best. £lO to £l2/2/6; medium, £7/17/6 to £B/17/6; light, £5 to £7/12/6. Fat Sheep—Fat lambs: Exporters, 21/6 to 24/7; butchers, 25/4 to 26/10. Fat wethers: Best, 30/- to 33/1; medium, 27/to 30/-. Fat ewes: Best, 16/- to 17/10; medium, 13/- to 15/7; light. 10/- to 12/1. Store Cattle—Bulls to £7; two-year-old black poll steers to £7/7/6; two-year-old red poll steers from £5/12/6 to £B/7/6; two-year-old red poll heifers to £5/5/-; two-year-old black poll Hereford cross heifers. £5/2/6 to £7. Store Sheep—Store lambs, 18'- to 19/1. Pigs—Best weaners, 28 - to 35/-; medium weaners, 23/- to 27/-; small weaners. 19/to 22/-; light porkers, 45 - to 53/-; heavy porkers. £2/17/6 to £3/12/6; baconers, £3 to £3/7/6.