COMMERCIAL

Southland Times, Issue 21093, 27 May 1930, Page 2

COMMERCIAL

STOCK EXCHANGE. [ ■ YESTERDAY’S QUOTATIONS.

At yesterday’s call-over on the Invercargill Stock Exchange, the following prices were quoted:— Australian Bank of Commerce: b 24/3, s 25/6 - , „/ Bank of Australasia: b £l2 3/-. Commercial Bank of Australia: b 21/-. E.S. and A. Bank: b £6 6/-. National Bank of Australasia (cont.): s £8 Bank of New Zealand: b 58/3, s 59/-. New Zealand Breweries (shares): b 52/9. Westport Coal: b 31/6. National Insurance: s 14/9. Goldsbrough Mort and Co.: s 33/6. Gear Meat Preserving (20/-): b 10/3. New Zealand Refrigerating (10/- paid): s 5/-. Southland Frozen Meat (£1 ord.) : b 35/-; (10/- ord.), b 17/6; (£1 pref.) b 35/-. Mount Lyell Mining: b 29/-. Stoney Creek: s 9d. Bruce Woollen Mills: s 12/-. Kaiapoi Woollen Mills (cont.) b 3/9, s 4/3. Australian Iron and Steel: b 17/-. British Tobacco (Aust.): b 39/6, s 40/9. Christchtlrch Gas Co.: b 26/-. Dominion Rubber Co.: s 22/-. Donaghy’s Rope and Twine: b 32/-. Milburn Lime and Cement : b 32/-. New Zealand Farmers’ Fertilizers: b 18/6, s 20/-. New Zealand Guarantee Corporation: b 7/6. Inscribed Stock, 1938, 44 per cent, (free of income tax): b £9B 7/6. War Bonds, 1938, 44 per cent, (free of income tax): b £9B 7/6. Inscribed Stock, 1939, 44 per cent, (free of income tax) : b £9B 7/6. War'Bonds, 1939, 44 per cent, (free of income tax) : b £9B 7/6. Government Bonds, 54 per cent., 1933: b £99. Sales Reported. Sales were reported of Bank of New Zealand shares at 58/9, and New Zealand Refrigerating ’(cont.), at 4/7. THE SHAREMARKET. YESTERDAY’S TRANSACTIONS. (Per United Press Association.) Auckland, May 26. Sales on ’Change: Inscribed Stock (1932) 5} per cent. £9B 15/-; Commercial Bank of Australia 21/6, 21/74; E.S. and A. Bank £6 9/-; New South Wales (Melb. register) £39 10/- (2); Bank of New Zealand 58/9; South British Insurance 59/6; British Tobacco 40/-; Hayward’s Pictures 13/-; Waihi Gold Mining 13/4. Wellington, May 26. Sales reported: New Zealand Guarantee Corporation (ord.) £7 10/-; Wellington Investment T. and A. Co. 11/-; New Zealand Breweries £2 12/9 and £2 13/-; British Tobacco Co. (ord.) £2 0/3; New Zealand Government 44 per cent. Stock (1938) £9B 15/-; New Zealand Government 51 per cent. Stock (193'2) £9B 15/-; National Bank of New Zealand £6 6/-; National Bank of Australasia £lO 6/6. Christchurch, May 26. Sales on ’Change: Australian Bank of Commerce 25/2, 25/3, 25/2; Goldsbrough Mort 32/1; Kaiapoi Woollen (17/- paid) 11/- (2); New Zealand Breweries 52/9 (2), 52/6, 52/- (6) ; Amalgamated Wireless (cont.) 20/7, 20/8, 20/7 (3);. British Tobacco 40/- (2); Dunlop Rubber 14/6 (2).. Sales reported: Bank of New South Wales £39 10/-; Union Bank of Australia £ll 9/-; Kaiapoi Woollens (17/- paid) 11/2; Christchurch Gas 26/3; British Tobacco 40/2 (2) ; Bank of New Zealand (cum. div.) 58/9. Dunedin, May 26. Sales reported: Electrolytic Zinc (pref.) 27/6; Bank of New Zealand 58/6; Mount Lyell 29/6. Sales reported: After last call: Bank of New Zealand 58/6 (five). LONDON MARKETS. The New Zealand Meat Producers’ Board has received the following cable from its London office, dated May 23, 1930, advising that the following are the approximate average prices realized for the week, based on actual transactions of wholesale quantities of the descriptions of meat mentioned and are for representative parcels of goods offering during the week, being for business done on the basis of delivered to Smithfield market and/or ex London stores: — (Prices for the previous week are also shown). «• (Per lb.) 23/5/30.16/5/30. d. d. N.Z. Sheep, Canterbury and North Island selected; crossbred wethers, and maiden ewee —: 48ib to 561 b 54 5/ 571 b to 641 b 44 44 651 b to 721 b 44 44 North Island do.— 481 b to 56!b 4s 4’j ' 571 b to 641 b 4r 41 651 b to 721 b 44 4 Ewes — 481 b to 64ib 34 34 651 b to 721 b 2J 2JN.Z. Lambs, Canterbury—--361b and under 84 8} 371 b to 421 b . 7g 74 431 b to 501 b 7} 7 Second quality, average 331 b 7| 7} Other South Island brands—--361b and under 8J SJ 371 b to 421 b 7J 7 J 431 b to 501 b 71 7 Including Downs, selected North Island brands—--361b and under 84 81 371 b to 421 b 74 71 431 b to 501 b 71 7 Second quality average 311 b 7J 7} Other North Island brands, first quality—--361b and under 84 8 371 b to 421 b 71 7J Second quality, average 311 b 7} 7} Australian Lambs, Victorian first quality—--361b and under 7 7 371b' to 421 b 64 64 Argentine Lamb, first quality—--361b. and under 6 J 7 371 b to 421 b 5p 6 N.Z. BeefOx fores 34 34 Ox'hinds 54 54 Argentine Chilled Beef— Ox fores .. 3} 3 J Ox hinds 64 61 Australian Frozen Beef — Ox hinds, over 1601 b .... 54 54 N.Z. Prime Porker Pigs—601b to 1001 b 8 84 1011 b to 1201 b 7 71 N.Z. Prime Baconer Pigs—1211b to 1801 b 74 74 Lamb: Market distinctly firmer with better prices. There is much more confidence in the market. Mutton Market: Wethers, demand is improving slightly, but there is little change in prices; ewes, market quiet and unchanged. Beef: Market is depressed owing to heavy arrivals from Argentine. N.Z. Porker Pigs: Market is quiet, trade slow. New Zealand Baconer Pigs: Nominal prices. DAIRY PRODUCE. The National Mortgage and Agency Co., Ltd., advise having received the following cable from Messrs A. J. Mills and Co., Ltd.: Bytter: Market slow. New Zealand finest 128/- to 130/-; New Zealand first 126/- to 127/-; Danish 130/- to 132/-; Australian 124/- to 128/-. Cheese. —Market slow. New Zealand white 80/- to 81/-, coloured 86/- to 87/-.