COMMERCIAL

Evening Star, Issue 17955, 28 April 1922, Page 6

COMMERCIAL

(FLOUR AND BUTTER PRICES. Pram Association—By Tslcpraph—Copyright. Australian and N.Z. Press Association. SYDNEY, April 27. (Received April 28, at 11.30 a.m.) The wholesale price of butter has advanced by 14s per cwt to _l77s. Flour has advanced by 5s per ton to £l3 10s. AUSTRALIAN MARKETS. SYDNEY, _April 27. Oats; Algerian feed, local, 3s 6d ; lastnanian, 3s 9d to os lOd ; wnite, 4s Id. Maize: Yellow, ss; while, 4s 9d. Potatoes: Tasmanian, £6 to £7. Onions: Victorian. £7. ADELAIDE, April 27. Oats: Algerian feed, os to 5s Id. MELBOURNE, April 28. (Received April 28, at 11.40 a.m.) Barley ; English, 4s; Cape, 2s lid. Oats, os 4d to 3s sd. Potatoes, £4 to £4 15s. Onions, £4 10s to £5. NATIONAL INSURANCE DIVIDEND. The directors of the National Insurance Company of New Zealand have declared an interim dividend of Is 3d per share for the half-year ended March 31, payable on May 16. MONEY AND .MARKETS. Prcaa Association —By Telegraph—Copyright. LONDON, April 26. Waihi Junction shares —Buy 6s 9d, scl 6s 3d. At tho tallow sales 1,501 casks were offered and 708 sold. Prices were unchanged. The apple trade is hardly so biisk owing to large arrivals. Wheat cargoes arc steady despite the weakness in America. Cargo ex Olaracamus, 57s.—A. and N.Z., Cable. UN ITED ST AR R -BO WKETT. Mr E. A. Rosevenr presided last evening at a meeting of members of the United Starr-Bowkelt Society, held to dispose of £2,000 by ballot and sale. The seventy-seventh appropriation by sale in No. 3 group resulted as follows: —£2oo at £46 and £3OO at £36 per £IOO. A ballot was then taken for the 'eighteenth appropriation in No. 5 group, which resulted as follows :—Cluster No. 372 was drawn, held by two members. The nineteenth appropriation by sale in No. 5 group resulted as follows:—-£100 at £53 per £IOO ami £4OO at £4l per £IOO. ‘ A ballot was then held for the third appropriation in No- 6 group, which resulted as follows:—Cluster No. 230 was drawn, held by one member, Mr Rosovcar iniimatod that sixty-two shares had been applied for in new No. 6 group since last meeting, making a total of 1,400 shares to date. He thought it was very satisfactory to note the number in No. 6 group who were members in the earlier groups. Ho also stated that tho No. 1 group was paying a further dividend of £5 per share on May 1, making a total of £ls per share paid to. members, after providing every member with a loan. SALES ON ’CHANGE ; THIS DAY. Auckland.—Sales on ’Change: Waihi, 20s and 20s 3d ; Grand Junction, 7s; P. and O. deferred), £530; New Zealand 1 Refrigerating, (com), 13s; War Loans, 1930, £93 12s 6d; ditto, 1958, £92; ditto, 1938 (inscribed), £92. Christchurch.—Sales reported; Christchurch Gas, £6 12s 6d. Sale on ’Change: Government. inscribed, 1938, £9l 5s (2). Messrs Dulgety and Co., Ltd., report having received the following cable Irom their head office, dated London, April 26: —1,300 casks of tallow offered; 640 casks of tallow sold-; prices nominally unaltered. >