LATE COMMERCIAL

Evening Star, Issue 19856, 3 May 1928, Page 9

LATE COMMERCIAL

PEARS AND APPLES. Press Association—By Telegraph-Copyright. LONDON, May 2. May 3, at 10.45 a.m.) Pears are selling well. Ex Largs Bay and Mataroa, New Zealand trays ot Winter Coles realised 2s 6d to 3s 6d; Josephines, 3s 6d to ss; Anjou, 4s to 4s 6d; Bosboscs (wasty), 2s 6d; others, 3s to 4s 6d. Apples by the Mataroa, Arawa, and Huntingdon brought the following prices:—New Zealand Cox’s, 12s to 17s; Cleopatrus, 13s 6d to 14s Gel; Jonathans, 12s to 13s; Delicious, 12s to J3s; Dunn’s, 10s to 12s; and Lord Wolseley’s, 10s to Us.—Australian Press Association. NEW ZEALAND LOAN OVERSUBSCRIBED. LONDON, May 2. (Received May 3, at 9.10 a.m.) The cash applications for the New Zealand loan of £5.000,000 were oversubscribed. —Australian Press Associa-tion-United Service. AUSTRAL FAN LAND COMPANY. Press Association —Ey Telegraph—Copyright. LONDON, May 2. (Received May 3, at 1.5 p.m.) The Australian Land Company has declared an interim dividend of 4 per cent.—Australian. Press AssociationUnited Service. LONDON STOCK EXCHANGE. LONDON, May 2. (Received May 3, at 1.6 p.m.)

Bank of Australasia! £l4 7s 6d; Bank of Now South Wales, £45 6s; Union Bank, £ls Is Bel; National Bank, £7 6s Bel; Bank of New Zealand, £9B; ex div. shares, £3; Loan and Mercantile Debentures, £94; ordinary stock, £lO4. Australian Press Association-United Service. LONDON WHEAT MARKET. LONDON, May 2. (Received May 3, at 1.5 p.m.) Wheat: Cargoes opened dull at 3d lower and closed steadier. Parcels were in moderate demand. Australians were fully steady. Ex Vcdic, Boltana, Fordsdale, Port Denison, and Maloja, 55s Gd; ex Otira, 55s 9d. .Liverpool futures: May, 10s 11 5-8 d; July, 11s 23d; October, 11s 6Jd.—Australian Press Association-United Service. LONDON TALLOW' SALES. ' \ LONDON, May 2. (Received May 3, at 1.5 p.m.) At the tallow sales 709 casks were offered and 626 were sold. Fine mutton was unchanged. Other sorts advanced 6d. Mutton: Fine, 41s 6d; medium, 38s. _ Beef: Fine, 425; medium, 38s.—Australian Press AssociationUnited Service. PUBLIC TRUST OFFICE. The following particulars of the loan transactions of the Public Trust Office and new business arc reported during the month ended March 31: — “The amount paid out in settlement of new loans was £219,123, making a total of £2,515,390 during the financial year just completed. The value of the new estates accepted for administration during the month was £588,833, and the total for the year ended March 31, 1928, exceeded all previous records. It amounted to £6,511,928, an increase of £960,909 over the previous year, which itself provided more new business titan had previously been obtained in any on© year. On March 31, 1927, the total value of estates and funds under administration was £4] ,043,523. LONDON PRODUCE MARKET. The Bank of New Zealand has received the following cable advice from its London office, under date the 2nd hist.: —Tallow: There is good demand. Current quotations: Good mutton, 40s to 40s 6d per cwfc; good beef, 40s to 40s 6d per cwt; good mixed, 39s 6d to 40s per cwt; gut, 35s to 38s per cwt. SALES ON ’CHANGE: THIS DAY. Auckland.—Commercial Bank, 28s Sd; Pukomiro Collieries, 64s 6d. Reported: New Zealand Farmers’ Fertilizeiyß2s 6d; Union Oil, 41s 6d ; War Loan, 4| per cent. (1938), £97 17s 6d; New Zealand Refrigerating (con.), Bs. Wellington.—Sales reported: New Zealand Government 4J per cent, bonds (1938), £97 15s; Bank of New South Wales, £4B; Bank of New Zealand, £3; Sharlancl and Co. (ord.), £l. On ’Change: Bank of New Zealand, £3 (two lots). Christchurch.—Commercial Bank of Australia, 28s 6d (two parcels); Bank of Australasia (rights). 60s; Dalgety and Co. (cum. div.), £l4 _Bs; New Zealand Loan and Mercantile, £IOB, £109; Timaru Brewery, 14s 9d; Mahakipawa, Is 5d (three parcels); New Zealand Government 54 per cent. Inscribed Stock (1933), £IOO 2s 6ci. Reported : Bank of New Zealand, 60s 3d; Commercial Bank of Australia, 28s 7d.