THE LONDON MARKETS.

New Zealand Herald, Volume LXV, Issue 20116, 29 November 1928, Page 9

THE LONDON MARKETS.

FOREIGN EXCHANGES. Australian Press Association— United Scrvico (Received November 128, 5.15 p.m.) British Wireless. LONDON, Nov. 27. The following rates on foreign exchanges are current to-day, as compared with Uio cabled quotations oti November 22 and par:— Nov. 27. Nov. 22. Par. Montreal <lol. .. 1.8 1 3-3 4.84 3-10 4.80(5 New York. dol. .. 4.85 9-32 4.85 1-10 4.800 Paris, fr 124.10 1.24.10 21.21 Brussels, belga . . 34.89 34.89 35.00 Geneva. fr. .. "5.18 25.19 25 22 Amsterdam, ft. .. 12.07 5-8 12.08 lv',lo Home, lire .. 92.55 92.55 92 40 Berlin, r.m 20.35 20.35 20.43 Stockholm, kr. .. 18.14 18.11 15.159 Oslo, kr 18.19 18.19 18.1;.!) Copenhagen, !;r. .. 18.19 Vienna, soh. .. 31.191 .14.501 .11.585 Prasrue, kr. .. 1J 103; '21.02 irelsinu'fors. mark 1921 192} 192.23 Madrid, pes. .. uO.O"! ,10.07} 25.221 Lisbon, oscu. .. 108} 108J Athens, dr. .. 375 375 375.00 Bucharest, lei. .. 805} 805J- 25.22} KiodeJaneiro.mil. 5 29-32

Buenos Aires, dol. 47 15-32 Calcutta, rupee .. 18 1-32 18 1-32 18d, Shanghai, tael . 31} 31J Honckong, dollar 211 21} Yokohama, yen . . Batavia, fl. .. 12.0S 5-S 12.03 1-8 12 50

.WHEAT. Wheat.—Apart from sustained Indian inquiry for Australians, cargoes are quiet and prices aro practically unchanged. Dy tho Lionel for Calcutta,'4ss 10,} d; by an unnamed vessel to load on January i for Calcutta, 46s 3d. Parcels are in quiet request at late rates, Liverpool futures: 9s 3Jd per cental; March, 9s 4!d; Mav, 9s 4 5-Bd.

MEAT FOR GERMANY. QUOTA NOT TO BE ALTERED. Australian and N.Z. Press Association. (Received November 28, 5.5 p.nl.)BERLIN. Nov. 27. The Economic Committee of the Reichstag rejected a Communist proposal to raise tho quota of frozen meat imports to 150,000 tons instead of 50,000.

AUCKLAND COMPANIES.

THREE PRIVATE CONCERNS

Three private companies were registered at Auckland yesterday. • Details are as follows:

Grad-e-ators, Ltd. Objects; To put into use a patent for th'o treatment and improvement of cream and butter-fat grading. Capital, £SOO, in £1 shares Subscribers: L M Lane and A. S- Evans, 225 shares each; Alice M. Evans and Emily Lane, 25 shares each. Specialty Advertising. Ltd., advertising agents. Capital, £SOO. in £1 shares. Subscribers: J. N. Beattie, 450 shares, and R. M. Grant, 50 shares.

Mcintosh and Mackay, Ltd.— Objects: To acquiie and carry on the business of Charles Hamblv, Opotilii, motor dealer. Capital. £2OOO. in £1 shares. Subscribers: G. Mackay, 1000 shares; E. S. Mackay and L. Mcintosh, 500 shares each.

NEW CAPITAL ISSUE.

ACQUIRING SYDNEY BUSINESS. Of nominal capital of £IOO,OOO, in £1 shares, Moseley, Eurcka-Maytag, Ltd., a recent New South Wales registration, is offering for public subscription 25,000 8 per cent, cumulative preference and 25,000 ordinary shares at par. The preference shares arc entitled to participation in profits up to i» maximum dividend distribution of 10 per cent. They carry also prior rights in respect of capital. After payment oi 10 per cent dividend for any year, on ordinary and deferred ordinary shares, the preference shaves are to have tho right to participate in surplus divisible profit to tho extent of 2 per cent, per annum, making the limit of dividend r? turn t on that class of capital 10 per cent per annum

Payment for tho shares of each class Is required in 2s 6d instalments, with np plication and on allotment, tho balnnco to bo discharged lti calls of Is 6d a'shnro at intervals of not less than one month Fuller particulars are advertised and tho prospectus can bo obtained by application to tlio company's oflicn, 301, Castlereagh Street, Sydney.

CHICAGO WHEAT MARKET. Australian and N.Z. Press Association. CHICAGO, Nov. 27. Wheat. —December, 1 dollar 15 3-8 cents per bushel; March,, 1 dollar 20 3-8 cents; May, 1 dollar 23 i-8 cents.

LONDON DAIRY MARKET. Mr. G. Paviour-Smith has received from his London principals, tho Anglo-Contin-ental Produce Company, tho following cabled market report:—Butter, 174s to 178-i. Cheese, quiet, easier tendency.

SOUTHERN EXCHANGES. [ux TELEGRAPH. —I'll ESS ASSOCIATION.] WELLINGTON., Wednesday. The following sales wore made on tho Stock Exchange to-day;— Union Bank, £ls 8s 6d; Burns, Philp and Company, 45s 3dCHRISTCnURCn. Wednesday. Tho following Stock Exchange sales took place to-day Commercial Bank of Australia, 30s*5d; New Zealand Breweries, 56s 3d, 57s (two 'sales); Mount Lyell (cum dividend), 39s 2d; Mahakipawa, Is 2d. DUNEDJN, Wednesday. Tho following sales took place on tho Stock Exchange to-day;— New Zealand Breweries, 56s 6d (two).