COMMERCIAL

Greymouth Evening Star, 28 April 1928, Page 8

COMMERCIAL

GRAIN AND PRODUCE. (Per Press Association.) CHRISTCHURCH, April 27. There is little change to record since the mid-week in produce values. Wheat is quoted at 5/7 to 5/8 on trucks, with North Canterbury a penny more. Offerings are freer than recently due to the amount of threshing that has taken place during the past few weeks. During the week, there has been some inquiry in regard to the millers’’ offer of 5/11 a bushel f.o.b. for next season’s Tuscan wheat, with advances of 3d and 9d for Hunters and Pearl. There are no reports so far of contracts being signed up and millers on their part are not pushing the offer. Fowl wheat is quoted at 5/7 to 5/7J f.o.b. Lyttelton. There is no change in the value of oats, but A’s are firm and very few are offering. A Garton’s can be bought at 3/11 f.0.b.5.i., but this allows little margin for export. B’s are worth 3/G f.o.b.s.i. for coastal shipment. From 3/3 to 3/3Ad on trucks for A’s and 2/11 for B’s is the average quotation, B’s being a shade easier. There are few decent sample duns abouly and 3/4, on trucks, is available for quality stliff. There is no change in the small seed market. Potatoes have recovered slightly from the position recorded last weekend. The Kurow took 6200 sacks north on Monday. The Wingatui sailed yesterday with a small cargo and it is not expected that the Waipiata, •at the beginning of the week, will take a big cargo. This is allowing the market in the North to steady a little. Values locally remain at £3/10/- on trucks for prompt or May delivery. For May and June £4/17/6 to £5/2/6 f.0.0b.5.i. is quoted, though little is doing at these figures. Onions are still “dead.” Auckland has not resumed buying, and forward sales' are being delivered by the Waipiata. Values are £3/10/-, on trucks.

METALS MARKET. LONDON, April 26. Copper £6l 11/IOSd and £6l 16/3, electrolytic £66 10/- and £67, wire bars £67, lead £2O 2/6, tin £232 6/3 and £232 11/3, ' silver, standard 26td, fine 28§d. SALE OF LIVE STOCK. At Wataroa stock saieyards on Monday, May 7, at 10.30 a.m., Dalgety and Co. will submit to public competition, 150 _ head of prime cattle, including bullocks, and heifers on account of various clients; also 300 mixed sheep including lambs, wethers and ewes. The auctioneers will provide a light luncheon.

SALE STORE CATTLE AND EWES

At Totara Flat saleyards on Wednesday, May 2, at 12.30 sharp, McMahon and Lee will sell by public auction 70 head of store cattle and 120 breeding ewes. The auctioneers invite further entries. STOCKS AND SHARES. AUCKLAND, April 28. Sales, on ’change: Waihi 12/6, New Waiotahi (con.) 6d. Reported: New Zealand Refrigerating 16/9, Union Bank £l4 15/6, English and Scottish Bank £8 8/6 to £8 9/- (three parcels). (Notes by “Insider.”) There has been an increased demand for shares and stocks on the various exchanges in the Dominion during the week. In the bonds and stock section prices have been on a par with last week. Bank shares show no easing off. Sales in Bank of New Zealand have been made at GO/-; Bank of New South Wales, ex dividend of 10/- per share, are wanted at £47 15s; Union Banks are quoted at £l4 15s Gd (Melbourne register); Bank of Australasia are standing at £l4 3s Gd, Rights GO/and fractions are wanted at 9/3. Commercial Bank of Australia have buyers at 2S/G for the ordinary shares. Insurance shares are in steady demand. New Zealand have had sales this week at 41/- and 41/3, South British (ex dividend) at 58/9, Nationals at 15/10 (cum. div. of 4d per share). Brewery shares are firm. New Zea-

land have a demand at 46/6; Staples 37/-; Wilson’s Cement have improved to 38/6; N.Z. Drugs are wanted at 68/J. In mining shares, Waihi has advanced to 13/-, which is an advance of 2/6 for the week. CHCH. STOCK EXCHANGE QUOTATIONS.

Buyers. Sellers DEBENTURES— 4J p.c. Inscr., 1938 £ b. d. £ b. d. 97 12- 6 98 0 • 4j p.c. Inscr., 1939 97 7 6 97 10 0 41 p.c. Bonds 97 7 6 97 10 0 5 p.c., 1927 99 0 0 99 5 0 5J p.c. Inscr. 1927-41 98 2 6 98 10 0 • 5J p.c. Inscr., 1928 100 5 0 100 10 0 5J p.c. Bonds, 1933 100 2 6 100 10 0 5J p.c. Bonds, 1936 100 5 0 100 10 0 5J p.c. Bonds, 1933 100 5 0 100 JU 5jj p.c. Chch. Gas, 1934 p.c. Chch. Hospital 100 10 0 99 0 0 99 10 7J p.c. Gisborne Sheepfarmers 1931 85 0 0 89 0 0 N.Z. Breweries 13 2 1 3 .6 BANKS— Adelaide 9 14 0 9 16 0 Aus. Bank of Commerce 1 13 9 1 13 11 Australasia 14 3 6 14 7 0 Australasia rights 3 0 0 3 1 6 fractions Comm, o f Australia ... 9 0 18 5 9 3 1 8 6 do. (pref.) 7 1 6 7 2 0 Comm, of Sydney 26 15 0 26 17 6 E.S. and A. 8 8 9 8 9 6 National of Australasia 18 2 6 18 5 0 New South Wales 47 16 0 47 17 6 New Zealand 3 0 0 3 0 6 Union of Australia 14 14 0 14 15 0 Western Australia 2 19 3 3 0<) Bank N.Z. Mortgage ... do. (fully paid) ... 16 9 1 6 3 1 6 9 National of N.Z. 7 1 6 7 3 6 INSURANCE— National of N.Z New Zealand 15 10 •2 1 0 16 3 2 1 6 South British 2 19 6 3 0 3 Standard 3 2 6 3 4 0 Queensland 3 16 3 5 0 LOAN AND AGENCY— Dalgety and Co 14 8 6 14 10 0 National Mortgage 3 14 0 4 5 0 Goldsborough Mort. ... 2 9 3 2 9 4 N.Z. Loan and M. Co. 102 0 0 110 0 0 SHIPPING— Howard Smith 1 6 9 1 7 6 Huddart Parker 2 7 0 2 8 0 Union 5i p.c. Cum Pref.) 10 1 1’. and 0. Stock 245 0 0 250 0 0 New Zealand 9 12 6 10 10 0 FROZEN MEAT— Canterbury 8 16 0 9 5 0 N.Z. Refrigerating do. 20s paid 7 11 16 7 8 0 17 6 WOOLLENS— Kaiapoi (pref.) Mosgiel 8 11 6 17 6 9 6 7 0 0 Wellington 6 5 0 6 10 !l COAL— Westport 1 10 0 1 11 0 Westport-Stockton 1 4 1 7 GASChristchurch Timaru Auckland 1 3 4 14 6 12 0 12 5 1 2 4 Wellington 17 2 1 7 6 Auckland 1 2 7 1 .. BREWERIES— Crown Manning New Zealand 19 9 2 6 5 13 0 1 0 2 7 0 Ward Staples 1 17 2 1 14 0 1 17 5 Monteith 1 0 0 1 2 0 Tooths 2 3 3 2 3 9 CEMENTS-

Wilson’s TIMBER— 1 18 2 I 19 (I Kauri 1 1 6 I •> 6 MISCELLANEOUSBeath and Co 1 11 li 1 12 6 British Tobacco J 0 11 0 6 Burns, Philp 11 0 o Colonial Sugar .58 10 0 59 0 0 Dunlop Rubber 1 1 it 1 ■' 0 Elect. Zinc Pref. I 12 . 1 1 12 II Boldens 1 11 9 1 13 0 N.Z. Drug Co » (i h 3 9 N.Z. Farmers' Co-op. ... 77 0 (1 79 0 0 N.Z. Sugar of Milk 17 6 19 3 Whitcombe and Tombs 3 9 (i 3 10 o Dom. Home Bldga. 1 6 6 0 D.I.C. (pref.) 1 3 0 1 3 6 D.I.C. (ord.) 19 3 1 0 0 N.Z. Guarantee Corp. ... 8 4 8 6 Quill Morris 1 0 () 1 1 0 Crystal Palace 18 0 Auckland Amusement It) 0 17 0 Victoria Nyanza 2 9 «■> 10 - MINING— Mt. Lvell 1 11 9 1 12 0 Waihi 12 12 (i Blackwater ... . ... 5 t Alexanders (fully paid) 15 0