COMMERCIAL

Evening Star, Issue 21881, 19 November 1934, Page 12

COMMERCIAL

FOREIGN EXCHANGES. (British Official Wireless.) Press Association—By Telegraph—Copyright RUGBY, November 17. (Received November 19, at noon.) Paris, franc to £1 75 23-32 New York, dollar to £1 4.99 Montreal, dollar to £1 4.87 Brussels, belgas to £1 21.41 Geneva, franc to £1 15.38 Amsterdam, florin to £1 7.39 Milan, lire to £1 58| Berlin, reichmarken to £1 12.42 Stockholm, kroner to £1 10.39 j Copenhagen, kroner to £1 22.40 Oslo, kroner to £1 19.9011 Vienna, schilling to £1 27 Prague, kroner to £1 119 7-16 Helsingfors, marks to £1 226 J Madrid, peseta to £1 ... 36 9-16 Lisbon, escudo to £1 110* Athens, drachmae to £1 523 Bucharest, lei to £1 497 Belgrade, dinars to £1 ... ... Warsaw, zlotys to £1 .. Rio de Janeiro, pence to milreis Buenos Aires, pence to dollar ... 3g; Montevideo, pence to dollar ... 39" Bombay, pence to rupee ..; ... 18 1-16 Shanghai, pence to tael 16f Hongkong, pence to dollar ... ... ?0 1-16 Yokohama, pence to yen 14 Batavia, florin to £1 ...

SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, November 19. (Received November 19, at 2 p.m.) Bonds: 4 per cent, £lO7 ss; 1941, £lO6 15s; 1944, £lO7 17s 6d; 1953, £ll2 2s 6d; 1957, £llO 17s 6d; 1959, £lll 6s •1961, £lll lss. Shares: Commercial Bank of Sydney, £l7 18s; Associated News, 25s 6d; Broken Hill Proprietary, 51s 6d; Dunlops, 20s; Goldsbrough, 31s; Howard Smith, 16s 6d; James Stedman, 16s 3d. GRAIN AND PRODUCE. Messrs Donald Reid and Co. Ltd. report : ■; Wheat.—An occasional sample of milling wheat is still coming to hand. The Wheat Board will only accept lines that conform with their requirements. Any wheat with a superfluity of moisture is rejected. Fowl wheat remains firm at recent quotations. The usual retail demand represents all the business passing. Prices range from 3s 9d to 4s 3d per btfehel, sacks extra, ex store, according to the quality and quantity required. Oats. —There is no business passing between merchants. Oats, at one time the means of continual speculation among merchants,- are now an item of little importance in the produce world. Nominal prices to growers remain—ls 9d for A grade and Is 6d for B grade, sacks extra, on trucks country stations. Millers will pay 2s for suitable milling lines.

Chaff.—The local market is well supplied. When local consignments begin to slacken, Canterbury merchants send along consignments and chaff of all descriptions is generally available to the buyer. Prime quality is alone required at this time of the year. There is no storage now available for chaff in the wool stores, and only the prime quality can be sold ex truck. Prices remain £3 15s ex truck, or £4 5s ex store, sacks extra.

Potatoes.—The season for old potatoes is now about finished. Prices have firmed slightly, due to the fact that farmers will not pick their lines and send them to market at the prices that have been ruling. Freshly picked tables are worth £3 10s to £4, ex store, sacks in. SALES ON ’CHANGE. Christchurch. —New Zealand Breweries, 49s 9d; Anthony Hordern, 17s; Broken Hill Proprietary (cum div.); 50s lid and 51s ; New Zealand Farmers’ Co-operative (4J per cent, stock 1945), £B7 ; Bell Hooper, 4Jd (2) ; Mount Lyell, 17s 5d (2) ; Worksop Extended, 3s 5Jd. Reported: Kaiapoi Woollens (17s paid), 16s; New Zealand Farmers’ Co-operative (4J per cent, stock 1945), £B7 10s; Big River (late sale 17th), Is 6d. Auckland.—Traders’ Finance, 3s 2d; Grey and Menzies, 5s 9d; Cement, 34s 6d; Claude Neon, 51s 4d; Byoroft, 525; Australian Glass, 61s; Colonial Sugar, £75 15s; British Tobacco 41s 3d. Wellington.—Dalgety, £9 3s 6d; United Provisions, 9s 6d; Kaiapoi (paid), 16s.