COMMERCIAL

Evening Star, Issue 21821, 10 September 1934, Page 12

COMMERCIAL

SYDNEY STOCK EXCHANGE. Press Association —By Telegraph—Copyright SYDNEY? September 10. (Received September 10, at 1.30 p.m.) Bonds: 4 per cent., 1938, £lO4 8s 9d; 1941, £lO6 2s 6a; 1944, £lO7 12s 6d; 1947, £lO9 12s 6d; 1960, £IOB 6s 3d; 1959, £lO9 2s 6d; 1961, £llO. Shares: Anthony Hordern (pref.), 22s 6d. FOREIGN EXCHANGES. (British Official Wireless.) Press Association—By Telegraph- Copyright. RUGBY, September 8. (Received September 10, at 1.30 p.m.) Paris, franc to £1 74 27-32 New York, dollar to £1 5.00 , Montreal, dollar to £1 4.851 Brussels, belgas to £1 21.04 Geneva, franc to £1 15.12 J Amsterdam, florin to £1 7.281 Milan, lira to £1 57-4 Berlin, reicbmarken to £1 12.46 Stockholm, kroner to ®. Copenhagen, kroner to 41' 22.40 Oslo, kroner to £1 ... 19-904 Vienna, schilling to £1 ... 26j Prague, kroner to £1 Helsingfors, marks to & 226| Madrid, 'peseta to £1 ... Lisbon, escudo to SI ... HO4 Athens, drachmae to St ... ... 515 Bucharest lei to £1 549 Belgrade, dinars to £1 ... Warsaw, zlotys to £1 _• Bio de Janeiro, pence to milrais 41 Buenos Aires, pence to dollar ... 36j ■ Montevideo, pence to dollar ... 39| Bombay, pence to rupee 181-16 Shanghai, pence to tael 174 Hongkong, pence to dollar 18 13-16 Yokohama, pence to yen 14| Batavia, florin to £1 ... GRAIN AND PRODUCE. Messrs Donald Reid and Co. Ltd. report:— Wheat.—There is very little happening in the milling wheat market. An odd line is still being submitted for approval, and if satisfactory is accepted by the board at current rates —viz., Tuscan 4s 104 d, Hunters, 5s Did, Velvet 5s 24d, sacks extra, f.0.b., main ports. Otago farmers are experiencing •difficulty in getting their spring wheat sown; the soil is still in unworkable condition, and unless conditions improve wheat sowing will'be abandoned and some other crop substituted. The fowl wheat market has firmed and suitable lines are getting scarce. Holders are asking equivalent to milling rates for their holdings, the possibility of u shortage next season no doubt influencing them to a certain extent. Good whole fowl wheat is being quoted at 3s 9d, f.0.b., sacks extra. Small lots ox store realise up to 4s per bushel, sacks extra. Oats.—The firming in this market is well maintained, but little business is passing. Growers with good heavy oats are not interested iii the prices offering. A few sales were recorded at Is lOd; sacks extra, but no sellers can now be found at this figure. Nominal values remain as follow:—A grade Is lOd, B grade Is 7d, sacks extra, on trucks, country sidings. ■ Chaff.—The local stores are well stocked with this commodity; sales of any quantity are a rarity. Consignments from the country will probably slacken now that the usual spring operations will be claiming the farmers’ attention. This will assist in clearing out the stores before the wool season begins. Good oaten sheaf is worth £3 15s, sacks extra, ex truck, for full truck lots. £4 5s is the equivalent price ex store for small quantities. Medium is worth from £2 15s to £3 10s. sacks extra. Potatoes.—Nothing of importance is happening in this market. There are ample potatoes, both seed and table, held in store for all inquiries. Northern consignments are still coming to hand, owners of apparently realising that there is little chance of improvement in values this season. Best freshly-picket tables are worth up to £3 per ton, ex store, Dunedin, sacks in. Arran Chief seed are worth £2 10s and £3 per ton, and King Edwards £5 per ton, ex store, sacks in. SALES ON ’CHANGE: THIS DAY. Christchurch.—Bank of Australia, 16s 3d; New Zealand Breweries, 47s 6d (5): Dunlop Perdriau Rubber (cum diy.), 20s 3d (3); Alexander (13s 6d paid), 15s 3d; Bendigo Goldlights, Is; Brian Boru, Is 44d, Is 4d (2); Gillespie’s Beach, Is 104 d; Golden Point, 2Jd; Mahakipawa (pref., 1930 issue), Is 3Jd: Mining House Concessions (9d paid), 4jd (5); Moonlight-Nelson Creek, 3d; Nokotnai, 4s (2). Reported: New Zealand Breweries, 47s 6d (4); Commercial Bank of Australia, 16s 3d; Gillespie’s Beach, Is lid; New Zealand Refrigerating (10s paid), 9s Id. Auckland.—Mataki, 2s 6Jd; Talisman, 12s 6d; Kaiapoi, 13s 3d; Commercial Bank, 16s Id; Kauri Timber, 18s 3d; National Insurance, 20s 3d; Waihi, 32s 9d; Breweries, 47s 6d; Broken Hill, 49s 6d; Standard, 675; Bank of New South Wales, £3l 17s 6d.