BROKEN HILL PROPRIETARY

New Zealand Herald, Volume LXIX, Issue 21315, 17 October 1932, Page 5

BROKEN HILL PROPRIETARY

DIVIDEND OF 1s DECLARED FIRST PAYMENT SINCE 1929 [BY TELEGRATH —PRESS ASSOCIATION - ] WELLINGTON, Saturday Tho Stock Exchange 1 Association has been advised by the Broken Hill Proprietary, Limited, that a half-yearly dividend of Is per shares payable in Australian currency lias been declared. The distribution will be made on November 16. The dividend is the first to be paid by the company since 1929, in which j*ear and in previous years 10 per cent, or 2s a share, was paid. DAIRY PRODUCE MARKET PRICES AT THE WEEK-END QUIET TONE REPORTED Merchants have received the following cablegrams from their London houses, . dated October 14, regarding tho dairy produce market:— A. 11. Turnbull and Company, Limited, from W. Weddel and Company, Limited. -—Butter: Danish, 118s; New Zealand salted, 100s to 110s; Australian, 97s to 100s. The market is weak. Cheese: White, 65s to 665; coloured, 59s to 60s. The market i» quiet. Mr. H. S. Withers, from Mr. A. C. Rowson.—Butter: Finest, nominally 110s; first, 100s. The market is dull and weak. Cheese: White, 655; coloured, 60s. The market is quiet and steady. New Zealand Producers' Co-operative Marketing Association, Limited.—Butter: New Zealand, finest, 110s to 112s; first, 101s; Danish, 118s. Cheese: White, 65s to 665; coloured, 59s to 60s. Both market» are quiet. PRODUCE BOARD'S REPORT COMPARISON OF QUOTATIONS The New Zealand Dairy Produce Board has received the following market report from its London office, dated October 14, prices for the previous week being given in parentheses:— Butter.—New Zealand: Salted, 100s to 110s, ex. 112s (106s to 115s) ; unsalted,10Ps to 112s, ex. 114s (112s to 116s); 100s to 110s equals approximately 10jd f.o.b. Deliveries, New Zealand, 937 tons; in store, 4458 tons, includes 128 tons on Rangitata. Australian: Salted, 97s to 100s, ex. 101s (102s to 105s). Deliveries, Australian, 1038 tons; in store, 1025 tons. Argentine: Unsalted, 88s to 925, ex. 94s (88s to 945). Danish: 99s f.0.b., 118s spot (103s, 118s to 120s). Dutch: Unsalted, 120s to 122s (120s to 1225). Esthonian: Salted, 945, ex. 96s (945). Latvian : Salted, 94s to 955, ex. 965. Siberian, 88s to 90s (88s to 90s). Ukranlan: 86s. Lithuanian: 92s to 94s (92s to 945). The market is weak and irregular. New Zealand retail price unchanged, Is 2d : Danish, Is 3d. Cheese.—New Zealand: White, 65s 6d to 66s (65s 6d to 665); coloured, 59s to 61s (59s to 61s); 65s 6d to 66s equals approximately 6.34 d f.0.b., 59s to 61s equals 5.79 d f.o.b. Deliveries, New Zealand, 15,210 ciates; in store, 46,000 crates, excludes 2300 crates on Rangitata. Australian: White, 645; coloured, 59s to 61s. Canadian: White and coloured, 67s to 68a (67s to 695); c.i.f., 68s (67s to 69s 6d). Deliveries, Canadian, 26.500 boxes; in store, 166,818 boxes. . English: Finest | farmers, 96s to 100s (96s to 100s). The market is quiet. New Zealand retair price ; is 9d. j The board has also received the followj ing advice from its agents in Canada:—l Butter: New York, 20J cents; Montreal, 21 cents.