12 PER CENT HIGHER

Evening Post, Volume CXXIII, Issue 19, 23 January 1937, Page 12

12 PER CENT HIGHER

AUSTRALIAN WOOL PRICES

(By Telegraph—Picks Assu.—Copyright.) SYDNEY. January 22. Half of Australia's 1936-37 wool clip already has been sold at prices about 12J per cent, above last season's average. • LONDON SALES. The Bank of New Zealand, producc department, has received the following advicc from its London ollicc under date January 21:— The market is somewhat irregular. Prices for greasy crossbreds generally are maintained. GOVERNMENT STOCKS MOVEMENTS IN PRICES (By Telegraph—Press Assu.—Copyright.) LONDON*, January 21. Last week. This week. Consols, 2% p.e 84 83% Funding Loan, 4 p.c., 1900-90 Uo'/i: 1 l")Vi War Loan, 3'/z p.c. ... 105% 105 Conversion Loan, 3% p.c lOtHi IOG'/i Victory Bonds, 4 p.c. 114% 114 Com'wealth Australia, 5 p.e., 1945-75 109 3-10 108% Com'wealth Australia, 3Vs p.c., 1836-37 ... 101 1-16 101 3-16 Com'wealth Australia, , 4 p.c., 1943-48 ..... IW% 103% Com'wealth Australia, 3% p.c., 1949-53 ... 103 3-16 103 Com'wealth Australia, 3'/i p.c., 1956-61 .....100 98 13-10 Com'wealth Australia, 3 p.c., 1953-58 90-7 i 90 11-10 N.S.W.. 3>/s p.c., 1930-50 100 1-16 100 3-16 Victoria, 3 p.c., 1929-49 08% 98',4 Victoria, 4% p.c., 194060 104% 104 Victoria, 5 p.c., 1915-7o 109 108 7-16 Queensland, 3 p.c., 1922-47 98 % 98 vi Queensland, 5 p.c., 1940-60 1071-16 106 3-16 S. Aust., 3 p.c., 1916 or after 00% »)'/« S. Aust., 5 p.c., 1945-75 108% 108% W. Aust., 4 p.c., 1842-62 101 15-16 101% Tasmania, 3% p.c., ] 020-40 101% 101% Tasmania, 4 p.c. 1940-50 101 Vi 101% N.Z., 4% p.c., 1948-58 107% 107 3-16 N.Z., 3% p.c., 1940'.... 101% 101% N.Z., 3 p.c., 1945 ... 100% 99 15-16 j PRICE OF SILVER. (British Official Wireless.) RUGBY, January 22. Price of Silver. —Spot, 20Ad per oz; forward, 20 3-Bd. BRITISH WAR LOAN. (Britist) Official Wireless.) RUGBY, January 22. The British War Loan, 3i per cent., is quoted at £105 Is 3d. MINING RETURNS (By Telegraph—Press Association.) INVERCARGILL, January 22. The King Solomon wash-up for the week was 80oz 12dwt. NEMONA DREDGE. (By Telegraph—Press Association.) GREYMOUTH, January 22. The Nemona dredge dealt with 12,000' yards of spoil in 154 hours. There will be jno wash-up until next week. CANTERBURY PRODUCE (By Telegraph.—Press Association.) CHRISTCHURCH, January 22. Fowl wheat continues to meet a good demand, the price having risen this week to 5s 4d f.o.b. Supplies are now short. There is no interest at all in potatoes except that a small trade is passing in prompts, mainly to the V/est Coast. The forward market is attracting no attention. The small seeds season is at least a fortnight late and nothing has as yet been offered from the country. Stocks of Italian ryegrass ill store in Canterbury are large, sufficiently so to offset the smaller crop, which now appears to be certain. Perennial rye stocks are not big in Canterbury, but stores in Otago and Southland are well filled, and from those quarters good seed is obtainable at last year's values. Reports to hand indicate that there will in all probability be a lighter cocksfoot crop than usual from Akaroa and the Plains. In many cases farmers report that they have fed off crops because seeding was too light to make them worth harvesting for seed. There is a fair trade in autumn onions at £11 a ton on trucks. The spring crop will not be on the market for three weeks or so, but when it does appear prices cannot be expected to hold. The comparative shortage of imported onions, has assisted the market. AUSTRALIAN PRODUCE. (By Telegraph—Press Assn.—Copyright.) SYDNEY, January 21. The downward trend in wheat values has been checked and the price at present is steady. Bagged wheat is quoted at 5s Id a bushel and bulk grain in the country at. 4s 4d, which is equal to 4s lid ex trucks, Sydney. Flour, £12 15s a ton; bran and pollard, £6 10s. ' Potatoes, Tasmanian, £10 to £14 a ton; Victorian, £13; onions, Victorian Globes, £21; white £12; maize, yellow, 5s 8d to 6s a bushel. | i

Fertiliser, 19s 6d; New Zealand Newspapers, 40s 9d, 41s, 41s-3d, 40s 9d. Peter's Ice, 275. ' Sharlands, 18s 6d; Shillings, 19s; Sanford, 4s 6d. Union Oil, 26s 9d, 26s 7Jd. Victoria Nyanza, 16s 6d. Weeks Ltd:, £7 17s 6d; Whitcombe and Tombs, 635, 62s 6d; Wilson's Cement, 395; Wilcox Mofflin, ■ 13s, 13s Id; Woolworths (N.Z.), £7, £7 2s 6d, £7 2s, £7 4s, £7 2s; Woolworths (Sydney) (Ist. pref.), 39s 3d. Unlisted.—Ballins Breweries (10s pd.), 8s; Alloy Steel (Aust.), 225; New Zealand Forests,'sls; Selfridgcs, 41s, 41s 9d, 42s 6d, 41s; Silknit, 50s 6d; Woolworths Ltd., £8 lis, £8 8s 6d, £8 10s, £8 lis, £8 12s 6d, £8 lis 6d, £8 12s 6d, £8 14s 6d, £8 14s, £8 13s 9d, £8 12s 6d, £8 13s, £8 14s, £8.13s 6d, £8 lis 6d. £8 10s, £8 10s 6d, £8 9s, £8 10s, £8 14s 9d, £8 15s, £8,13s 6d, £8. 14s; Woolworths (W.A), £7 Is 6d, £7 ss. MINING. A temporary decline in the prices of certain base metals caused Mount Lyells to weaken for a while, but these shares were again selling strongly at the end of the week. Among the mining shares reported sold were:— Argo Gold, 2s, 2s OJd, 2s; Gillespie's Beach, Is 5Jd; Golden Crown, ss; Golden Dawn, 2s 9d; King Solomon, Is, Is l|d, Is 3d. Maori Gully, 6sd, 6d; Mataki, Is; Martha, 19s 9d, 20s; Mount Lyell, 445, 44s Id, 44s 2d, 445, 43s 9d. 43s Bd, 43s 7d, 43s 6d, 43s 3d, 44s 2d, 44s fid, 43s 2d, 43s 3d, 43s sd, 43s 6d. 43s 7d, 43s Bd, 43s 9d, 43s lOd, 43s Cd, 43s sd, 435, 43s 6d, 435, 42s Bd. 42s sd, 425. 42s 9d, 42s Bd, 42s 7d 42s 6d, 42s 4d, 43s Id, 43s 2d. 42s 4d. 42s 6d, 42s fld. 42s 4d, 42s sd, 42s 6d, 435, 43s 3d; Mount. Morgan, 17s 3d, 17s 2d, 17s. 17s Id, 17s, 17s 2d, 17s Id, 17s 1.'.'1.. 17s Id. 17s, 17s 2d, 17s Id, 10s lid, 16s lOd. Placer Development, £5 4s, £5 Is, £5 3s, £5 2s 7d: Okarilo, 4s 4Jd; Skippers, 3fjd; Waih_i Investments, ]3s, 13s Id, 13s, 13s Id, 13s Ud, 13s Id; Worksop Extended. Is lOd, Is 104 d; Waimumu Sluicing, IQjd.