STEADY MARKET

Evening Star, Issue 23702, 9 October 1940, Page 5

STEADY MARKET

FEW CHANGES RECORDED INTEREST IN SRIPfINS SHARES Shipping lines commanded more attention cm the Dunedin Stock Exchange this morning than at any time since the outbreak of war. Buyers were in the market for three issues, for which no sellers came forward Other tendencies remained the •amo. The offer of Westport Coals is being gradually reduced in the absence ol binding, but remains at a high level. There wag an offer of the contributing issue of Christchurch Gas, following a sale reported. The bid for Broken Hill was lower. Xn offer of Crystal Ice was 5s above the bid that ha* been standing. Electrolytic Zinc (pref.) was sought at £2 13s 6d. SALES EEPOETED. —Yesterday.— Bank of New Zealand, £2 2s 6d (2), £2 Meat (pref.), £6 17s 6d. Self ridge’s (N.Z.) Ltd., 3s 9d. —This Morning.— New Zealand Drug Company, £3 14s 3d. Christchurch Gas (cont.), 11s. Okarito, 7*d. RABBITSKIHB EXCELLENT DEMAND TMfftNS PRMPECTB COSO The Dunedin Stock Agents and Woolbrokers’ Association reports as follows; The total offering at yesterday’s rabbitakin auction was approximately 20 tons. There was an excellent demand for all descriptions, the bulk of the catalogues comprising summers, springs, outgoings, and milkys. Values were firm at late rates, and all catalogues were cleared under-the hammer. Exporters were well in the market, and took a fair share of. the offering. Furriers also purchased lots suitable for their trade. The small parcels of winters forward met keen competition, first bucks selling to 108 d, second bucks to 104 d, first does to 9ld, second does to 88|d, spotted bucks to 89d, and spotted does to 75id. Indications point to fair prices for the summer period, and at the rates now ruling trapping should be a payable proposition. The official range of prices was as follows:—Small, 18d to 18id per lb; runners, gpjd to 29£d; racks, 34d to 36Jd; summers, 33d to 35£d; spotted winter bucks, 844 d to 89d; spotted winter does, 70d .to 75jd; second winter bucks, 103 d to 104 d; second winter does, 81d to 88id; first winter bucks, 185 dto 108 d; first winter does, 89jd to Old; outgoing winter bucks, 70d to 79Jd; out?oing winter does, 60d to 66d; furrier does, 4d to 77d; spring bucks, 57d to 63d; spring does, 45id, to 47jd; stained' does, 49d to 58jd; first milky, 35jd to 41d; milky, 30Jd to 33Jd; summer broken, 31d to 35Ad; ■utumn broken, 34Jd to 37d; winter broken. 38id to. 41Jd;. summer fawns, to 30d; autumn fawns, to 40d; first winter fawns, 50d to 60d; summer' black, 24Jd to 25yd; autumn black, 38|d to 46d; first winter black, 57d to ‘ 77d; first hareskins, 36d to Sid: hareskins,-; 26d to 27d; horsehair, 28£d ; to:3ofd; first^"ferret*;" 9* 9d to 11s; second ferrets, 3s 6d to Bs.6d. The next sale is listed for October 22, AUSTRALIAN STOCK EXCHANGES Press Association—By Telegraph—Copyright SYDNEY, October 8. ' The industrial and share market to-day was encouraged by the London firmness and the leaders were strongly quoted on ’Change; Afternoon Sales.—Commercial Banking of Sydney, £l9 12s; Colonial Sugar, £49 10s; Tooheys, £1 8s 6d; Woolworths, 17s 9d; General Industries, 16s 6d; David Jones, £1 13s; Morris, Hedstrom, £1 Os 3d ; Atkins £1 3s; Mount Morgan, 9s 2d; Electrolytic Zinc, £2 11s 9d; Larut, 7s Id; Loloma, £1 Ss 7d. MELBOUENE, October 8. National Bank (£5 paid), £5 15s; Ausiialian Paper Manufacturers (pref.), £1 6s; Drug Houses. £1 6s 6d; Dunlop, Perdriau, 18s 9d; Mount Lyell, £1 9s; Cox Bros., 6s lOd; Broken Hill Proprietary, £2 4» 3d; South Broken Hill, £1 6s. PROPERTY SALES Messrs Haggitt, Duthie, and Campbell report having sold the bungalow residence,47 Cavell street, on account of Mr G. G. Cook, the purchaser being Mrs M. Mason. The same firm has also disposed of a new brick bungalow; 71 Preston Crescent, to Mr M. A. Scandrett.