COMMERCIAL

Grey River Argus, 20 August 1934, Page 8

COMMERCIAL

(Per press Association.) WELLINGTON, August 17. lluddai't Parker Ltd., have advised the Stock Exchange Association as follows: Interim dividend payable September 13, preference 3 per cent, ordinary 3 per cent. Last year the interim dividend on ordinary shares was at 2| per cent WELLINGTON, August 18. Sal© on ’Change: Wool worths, Syd. ord.. 70s 3d. DUNEDIN, August 18. Sales reported: Union Steam (pref.) 275; Dominion Fertiliser 20s; North Broken Hill 965; Goldfields Dredging Is 31 d (late yesterday). AUCKLAND, August 18. Sales on ’Change: Golden Sands 2s 8d; Westport-Stockton Coal pref. s<; Taupiri Coal 13s 6d; River Plate 18s; Farmers’ Fertiliser 20s 3d; Waihi 316d; South British Insurance 82s 3d; Reserve Bank £6 7s 6d; Colonion Sugar £65 10s. Unlisted: Wool worths (Syd.) ord., 70s. After, call: Bank of New Zealand 46s 9d; Bank -of New Zealand (“D” Mortgage) 33s 9d. CHRISTCHURCH. August 18. Sales on ’Change: 20 Dalgety and Co. £8 15s; 100 British Tobacco 37s 3d; 200 Kaiapoi Woollen (17s paid) 12s 6d (2); 500 Bed-Kilgour 4^d ; 200 Golden Dawn 2s; 500 Mahakipawa lOld; 100 Raiwang Tin 9s 4d. Sales reported: 500 Mahakipawa lid: 1000 Skippers 7ld (late 17th). SYDNEY, August 18. Commonwealth Bonds 4 per cent.. 1957. £lOB 2s 6d; Bank of New South Wales. £3O 17s 6d; Australian Gas A. pref.. £7 18s; Tooths, 455; Anthony Hordern, 14s 6d; Associated News 235; Broken Hill Proprietary. 48s- Colonial Sugar £66 10s. LONDON, August 17. Gold is quoted at 138 s 3£d per oz. U.S.A. WHEAT FAILURE. RUGBY, August 17. The American Ambassador, Mr Bingham presided at the meeting at the Board of Trade of the Wheat Advisory Committee. A communique issued states: —The United States delegation reported that the failure of tjhis gear’s cropsi following on the poor crop in the previous year has greatly modified the reason which led the United States Administration to adopt an acreage reduction in order to improve the position of the American wheat farmer. The United States Government was prepared to take the necessary steps to prevent the area of sown wheat from rising above the level to which it had been reduced this year, provided other countries were ready to continue the general effort to adjust the wheat production to the demand. The delegation added that the reduction in acreage brought about 'in the United States had been of sufficient magnitude to represent at average yields over the ten years some hundreds million bushels of wheat.