AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXX, Issue 21616, 7 October 1933, Page 7

AUSTRALIAN EXCHANGES

ACTIVE SYDNEY MARKET PRICES SOMEWHAT STEADY (Received October 6, 7.5 p.m.) SYDNEY, Oct. 6 Operations on the Sydney Stock Exchange to-day again were of exceptionally large dimensions. Buyers continued to dominate the situation. There was some steadying in prices, and a definite reaction in several issues followed profittaking sales. Tooth's brewery shares were lower, but pastoral shares improved. This morning's sales included: Commonwealth 4 per cent bonds: 194], £'lo4 8s 9d; 1944, £105; 1950, £lO4 12s 6d; 1953, £105; 1955, £lO5 17s 6d; 1957, £106; 1961, £lO5. Toohey's Brqwerv, 255; Tooth's Brewery, 43s and 42s 9d; Associated News, 20s; ditto New Zealand delivery, 20s; ditto, preference, 20s; British Tobacco, 37s 6d; Colonial Sugar, £59 17s 6d; Dunlop Perdriau, 18s lOJd; Goldsbrough-Mort, 29s 3d; Howard Smith, 15s lid; Morris Hedstrom, 20s. Sales this afternoon included: Bank of New South Wales, £34 10s; National Bank (£lO paid), £l3 7s; Mercantile Mutual Insurance, 21s; New Zealand Insurance, 555; Tooth's Brewery, 42s 6d; Toohey's Brewery, 255; Australian Glass, 51s 9d; Associated News, 20s; ditto, preference, 20s; Lustre Hosiery, 16s lOArl; Morris Hedstrom 1 , 20s; Wilcox Mofflin, 9s 3d; Howard Smith, 15s; Henry Jones, 39s 9d; British Tobacco, 37s 74d; Dunlop Perdriau, IBs 9d; Broken Hill Proprietary, 41s 9d; Broken Hill South, 65s 6d; Zinc Corporation, 38s; Mount Morgan, 48s; New Guinea Goldfields, 6s 8d; Bulolo, 995.

Commonwealth 4 per cent bonds: 1938, £lO3 12s 6d; 1941, £lO4 12s 6d; 1947, £lO4 12s 6d; 1950, £lO4 15s; 1955, £106; 1959, £lO6 ss; 1961, £lO5 2s 6d. .Melbourne sales included: Commercial Bank, 17s Id; National Bank (£5 paid), £6 12s; British Tobacco, 37s 9d; Broken Hill Proprietary, 41s 6d: Electrolytic Zinc, 265, Howard Smith, 15s. SECURITIES IN LONDON AUSTRALIANS FIRMER (Received October 6, 5.45 p.m.) Times Cable LONDON, Oct. 6 The City >editor of the Times says the Australian Budget resulted in the anticipated rise in Australian securities on the London Stock Exchange, including banks and commercial concerns. Gilt-edged stocks generally derived stimulus from the Budget and the New Zealand loan. COLD SHARES IN LONDON LONDON, Oct. 5 Bulolo gold shares were quoted today at 81s IOJd. THE CITY MARKETS HIGHER PRICES FOR FRUIT - VEGETABLES SELL WELL Owing to supplies becoming short, high values ruled for most classes of fruit at the City Markets yesterday. There was a good demand for apples and pears. Prices for ripe bananas advanced by about Is a case and orangesr particularly poorman, were a shade firmer. Hothouse tomatoes, which are still scarce, sold readily, while tree tomatoes brought good prices. There was no improvement iji the demand for lemons, values for which are exceptionally low. Additional supplies of cabbages and. cauliflowers met with a satisfactory sale. There was very little demand for onions and kumaras, which were in heavy supply. New potatoes had sale at unchanged prices, pumpkins meeting with a good Remand. Fair inquiry was shown for green peas, hothouse beans and asparagus, the last-named being in heavy supply. Lettuce met with a brisk sale and all root vegetables were keenly sought. Unchanged prices ruled for poultry, which was in average supply. There was no change in prices for eggs. Prices were: FRUIT Apples. Rome Beauty. 10s 6d to lis ft case; Delicious, 5s to 9s; Slurn.ers, 8a to 10s Gd; Granny Smith, 9s to 12s; pears, Coles, 8s to Us: Nelis, 8s to 12b Gd; P. Barry, 7s ("xl to 9s 6d; passions, 6s to 13s; oranKeSj Island, repacked, 19s to 265: South Australia, repacked, 36s to 245; Californian, 28s; poorman oranges, large, 5s to' 6s; small. 3s to 4s; mandarine. South Australian, 18s to 245; grapefiuit. New Zealand. choice, 6s to 7s; medium. 4s to ss: Californian. Sss; tomatoes, local hothouse. Is to Is 9d a lb.; bananas, choice. 27s a ca-ae; medium, 23j to 265; No. 2, 18s to 225; tree tomafoer, new black, 6s to 8s; others, 2s 6d to Gs 6d: lemons, tree ripe. 2s Gd to 4s; cured, 6ft to 8s; pines, Hawaiian. 18s to 20s; grapes, Californian, 24s to 28s; strawberries, 2s to 2s i;d a chip; coconuts. 12s 6d a eark. FIELD PRODUCE Potatoes, new. Id to 2Jd a lb.; Southern, 5s 6d to 7s 6d a cwt.; swedes. Is to Is 9d a bag; onions, local 3s to 4s 6d a bag; Canadian, 13s a cental; kumaras. Island, 9s a cwt.; Tauranga, 3s to 4s a bag; cabbage. 3s to 7s Cd a sack; on bonches. Is to 4s a dozen; cauliflower, 2s to 7s a sack: on benches. Is to 4s a dozen; pumpkins, Best Triumble, l'2s to 15s a cwt.; cucumbers, :4s to 5s 6d a dozen; carrot. Is 3d to Is 9d a dozen; parsnips, Is to la Gd a dozen: beet. Is Gd to 2s d a dozen; turnips, Od to 8d a dozen; radish, 6d to 9d a dozen; spring onions, 6d to 19 a bundle; spinach, 6d to 9d ft dozen; leek?,• 2d to 4d a bundle: green peas, 5d to 7}d ft lb.; beans, French, Ib 3d to 2s a lb.; broad, 6d; marrows, 3s to 4s a dozen; lettuce, 2s to 6s 6d a case; celery, cooking, 4d to 8d ft bundle; flessert, 9d to Is 9d a bundle; rhubarb, Is Gd 40 3s 6d a dozen; asparagus, Gd to lid a bundle. POULTRY Cockerels, heavy breeds, prime, 3s 6d to 5s Od; heavy breeds, not prime, 2a Gd up; light breeds, prime. 2s to 3s 6d; light breeds, not prime, is 6d up; fat roosters, heavy, breeds, prime, is 9d to 2s 3d; light breeds. Is 3d to Is 9d: fat hens, heavy breeds, 2s to 2s 6d: light breeds. Is 6d to 2s; pullets, heavy breeds, best. 2s 9d to 3s 9d; heavy breeds, smaller, 2s up; light breeds, best, 23 9d to 3s 9d; light breeds, smaller. 2s up; drakes, young, prime. Is 9d to 2s Od ; old, la Pd to 2s; ducks, young, 2s to 2s 3d: old. Is 6d to 2s; cockerel chicks, heavy breedn, 9d to Is Gd; light broods. 2d to 7d; day-old chicks. Black Orpington. 4}d to 8cl; Leghorn, 4d to Bd.

DAIRY PRODUCE Hen pkcs, first quality, 9Jd a dozen: B grade, Bjd: C crado, 7Jd; duck escgs, Bid. 7Jd and GJ«I: farmers' butter, 9<l to lid per lb.

THE FLAX INDUSTRY GRADINGS IN SEPTEMBER A total of 1729 bales of hemp was graded for export at New Zealand ports during September, a decrease of 42 bales on the quantity in September, 1932, but an increase of 39.0 bales on the gradings in August, 1933, The quantities graded at the respective ports were: —Bluff, 576 bales; Foxton, 526; Wellington, 497; Auckland, 130. The hemp was graded as follows, the figures for the corresponding month of last year being given in parentheses: — Good fair, 121 (12); ' high fair, 623 (705); low fair, 172 (582); common, 631 (371); reject, 169 (101); condemned, ,18 ( —). A total of 171 bales of tow was graded, a decrease of 216 bales on September, 1932, and 214 bales less than in the previous month of the current year. The gradings at the ports were: —Bluff, 131 bales; Wellington, 2J: Auckland, 16. The tow comprised: • —First grade, 4 (80); second, 69 (113); third, 87 (194); condemned, 31 (—). There were no gradings of stripper tow and stripper slips.