Melbourne Produce Markets

Dominion, Volume 28, Issue 287, 31 August 1935, Page 14

Melbourne Produce Markets

By Telegraph.—Press Assn.—Copyright Melbourne, August 30. Wheat, 3/3} to 3/3} a bushel. Flour, £ll/2/6 a ton. Bran, £5. Pollard, £5/10/-. Oats, 2/1 to 2/1} a bushel. Barley, English, 2/10 to 3/-. Maize, 4/6. Potatoes. £B/15/- to £9 a ton. Onions, £9/10/- to £9/15/-. English Grain Markets By Telegraph.—Press Assn.—Copyright. London, August 29. .Wheat cargoes to-day were easier, and parcels were quiet. Futures: London. September, 24/3 per quarter; February. 22/11; Liverpool, October, 5/6 5-Bd. per cental; December, 5/5; March, 5/4. Spot trade is slow. Australian, ex ship, 28/9 a quarter. Flour is steady. Australian, ex store, 20/- to 20/6 a sack. Oats are firm and peas and beans are unchanged. Adelaide Steamship Co. The directors of the Adelaide Steamship Co., Ltd., have declared a dividend at the rate of 6 per cent, per annum for the half-year ended June 30 last, payable on September 17. The interim dividend was at the above rate, and for 1933-34 6 per cent, was paid. Hume Pipe Co. (Aust.) Ltd. Net profit of Hume Pipe Co. (Aust.) Ltd., for the year to June 30 last, was £23,045, after providing for taxation, compared with £5013 for 1933-34. An interim dividend of 2 per cent, is to be supplemented by a final of like amount, making 4 per cent, for the year, payable on September 30. Sheepskins and Hides There was a marked increase in prices at the sale of wool, sheepskins, hides and tallow held by Abraham and Williams, Ltd.* at Palmerstop North. I The offering of wool consisted chiefly of crutchings. which made an advance of up to lid. per lb. One line made 6}d. Fleece wools were better }d., while pieces were very firm. Sheepskins were keenly sought after, limits being more elastic than for some time. Almost without exception all grades advanced Id. per lb., and tn some cases l}d. The only exception was pelts, which were firm. Heavy and medium weights of ox hides were firm to slightly easier, but light weights were }d. better. Cow hides sold readily under brisk competition, showing an increase in value of }d. per lb. for heavy and medium sorts, while light sorts were up a full Id. Yearlings were firm and calfskins were in sellers’ favour a full }d. per lb.

The following is the range of values, with those for last month in . parentheses :—•

Wool: Southdown, — (9d. to 9jd.); fine hoggets, — (7d. to 7?d.) ; A crossbred, 6jd. to 7d. (s}d. to 6}d.); B crossbred. s}d. to 6d. (sd. to s|d.) ; crutchings, s}d. to 6}d. (4}<l. to s}d.) ; pieces, 3}(L to 4}d. (3}d. to 4}d.); dead, 5d to 6}d. (sd. to 6d.). Sheepskins: Fine hoggets, Bd. to B}d. (7d. to 7id.); hoggets, 7d. to 7}d. (lid. to 6|d.)'; three-quarter-full wools, 7£d to B}d. (5Sd. to 7}d.) : quarter-half-wools. 7d. to 7?d. (s}d. to 7}d.); short-qnarter-wools, 6d. to 7d (4Jd. to 64(1.); pelts, 3d. to 4d. (3d. to 44d.) ; crossbred damaged, 5d to 6 J .«1. (4}d. to s}d.) ; lambs. 7d. to 7Jd. (6d. to 6?d.) ; lambs, damnged. 5d to 6}d. (4d. to 5d.). Hides—Ox: Heavy, 61d. to 7d. (6 1-8(1. to 7 5-Bd.) : medium. 5 3-Bd. to 6 1-Bd. (54d. to 6 3-Bd.) : light, to 5 l-80. (to 4 5-Bd.). Cow: Heavy, 4 3-B'l. to 5 3-8(1. (4d. to 5 l-8d.): medium. 4 3-Bd. to 5 1-Sd. (3 7-8 d to 4 5-Bd.) ; light. 5d to s}d. (3 7-Bd. to 4 5-Bd.). Yearlings. 6d. to 6 7-Bd. (6d. to 7 1-8(1.). Calf: Light first, 9}d. to lOd. (8 7-86. to 9 5-8 d.): light second. B}d. to 9 1-S<l. (Bd. to BJd.): light cut, 7d. to 7}d. (6 l-Bd. to 7d.). Tallow: In drum, super. 25/9 to 26/9 (24/- to 25/6) : in tins, first. 21/- to 23/- (17/- to 18/-) : in tins, second, 18/to !9/6 (14/- to 16/-). Canterbury Produce Markets By Telegraph.—Press Association Christchurch, August 30. The grain and produce markets continue very quiet, particularly potatoes, m which very little has been done, and quotations have not moved. Two ships got away this week. The Port Waikato took 1200 sacks from Ti'mitru and 990 from Lyttelton, a total of 2190. and the Waipiatn 661 from Bluff, 2090 from Timaru and 3100 from Lyttelton, a total of 8041. both ships mailing for Auckland. The Port Waikato also took about 500 sack" for outports. The consumption in Auckland continues fairly steady in spite of high prices there, and as the policy this seasm has been to buy from hand to mouth the shipments this week are expected to keep the market there quiet for a while. One interesting development has been a few forward dealings in next year’s crop. The basis has been about £4 f.o.b. There has been no movement at all in other markets.

Government Stocks

By Telegraph.—Press Ajisn.—Copyright. London. August 29. The following table gives Stock Ex change quotations tor consols and colonial Inscribed stocks, compared with those of August 22:— Price. Variation

£ s. d. £ s. d Consols, 24 p.c . 84 0 0 s same Fund. Loan. 4, 1060-90 116 12 6 tame War Loan. 34 p.c. .. , 105 10 0 0 o UT Conv. Loan. 34 p.c. . X105 0 0 1 0 0* Victory Bonds. 4 p.c. X113 10 0 £ ;ame C’wealth. 5. 1945-75 . 110 10 3 0 C’wealth. 3}. 1936-37 . , 102 11 3 same C’weaitb, 4, 1943-48 . 104 7 6 0 2 6’ C’wealth. 3i. 1948-53 . 103 5 0 0 2 6* C’wealth. 34. 1950-61 . 98 10 0 0 10 0* N.S.W., 3. 1935 101 1 3 0 1 3t N.S.W.. 34, 1930-50 .. 100 0 0 0 10 0* N.S.W.. 4J. 1935-45 .. 101 0 0 0 2 6* N.S.W.. 5, 1933-55 .. 102 11 3 ' 0 1 31 Victoria, 3. 1929-49 .. 98 10 0 0 6» Victoria, 4J, 1940-60 . 106 5 0 1 5 01 Victoria, 5, 1945-75 . 110 7 6 0 7 61 Q’land. 3, 1922-47 ... 98 2 6 0 o 0« Q’land. 5. 1940-60 ... 107 7 6 0 7 6* S Aust.. 3, 1916 (opt.) 88 10 0 0 2 61 S. Aust.. 5. 1945-75 . 110 11 3 0 6 31 W. Aust.. 4. 1942-62 . 102 15 0 0 5 O* Tiism., 3J. 1920-40 ... 101 15 0 0 10 ()• Tasm.. 4, 1940-50 .... 102 0 0 same N.Z.. 44. 1948-58 109 0 0 0 5 0‘ N.Z.. 34. 1940 103 10 0 0 5 0* N.Z.. 3. 1945 101 10 0 0 6‘ N.Z.. 6, 1036-51 103 10 0 0 5 0» ■(■Higher. ’Lower. X Ex dividend.