COMMERCE AND FINANCE

Otago Daily Times, Issue 21539, 11 January 1932, Page 2

COMMERCE AND FINANCE

LONDON STOCK EXCHANGE (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, January 8. I’, and 0., 21s 5Jd. WHEAT MARKET (United Press Association.) IBy Electric Telegraph—Copyright.) LONDON, January 8. Wheat cargoes: Sellers arc willing to accept lower terms. Parcels are unchanged to 6d down. Trading is quiet. Western Australian ex unnamed steamer, i February, 28s. Futures: London, Februi ary, 24s lOd; June, 25s sd. Liverpool, March, 5s 5Jd; May, 5s 7|d; July, 5s 83d, LONDON MARKETS (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, January 9. (Received Jan. 10, at 5.5 p.m.) Wheat: Cargoes and parcels are 3d to Gd easier, and inactive. Futures: London — February, 24s lOd; June, 25s sd. Liverpool—March, 5s sd; May, 5s Id; July, 5s BJd. . Friday a closing prices were as follow: — Cotton: February, 4.94 d per lb. Rubber: Para, 4Jd; plantation smoked, 3Jd. Jute: January-February, £2O 7s Gd. Hemp: December-February, nominally £lO ss. ■ , Copra: January-February, South Sea, £l4 2s Gd; plantation, Rabaul, £l4 7s Gd. Linseed oil, £l4 ss. Turpentine, 52s Gd. Frozen Meat.—New Zealand sheep: North Island crossbred wethers and maiden ewes, 651 b to 721 b, 3|d; do ewes under 481 b, 3d: do 481 b to 641 b, 2id. Argentine sheep: First quality crossbred wethers, 651 b to 721 b, 3d. New Zealand lambs; Canterbury, 361 b and under, Ggd; do 371 b to 421 b, 5Jd; do second quality (average 301 b), 4jd; do selected North Island brands (including Downs), 361 b and under, 6|d; do second quality (average 301 b), Gd; other North Island brands—first quality, 361 b and under, 6Jd; do second quality (average 301 b), s|d. Australian lambs—Victorian first quality, 361 b and under, s§d. Argentine lambs—first quality, 431 b to 50lb, 5Jd. New Zealand frozen beef. Ox fores, 1501 b to 2201 b, l|d; ox hinds, 1601 b to 2201 b, 23d. , „ , Australian frozen beef: Ox crops, under 1001 b, 2Jd; ox crops, over 1001 b, 2|d. Argentine chilled beef. Ox fores, 1601 b to 2201 b 2§d; do ox hinds, 1601 b to 2201 b, 5Jd; others are unchanged. FOREIGN EXCHANGES (British Official Wireless.) (United Press Association.) (By Electric Telegraph — Copyright.)

LOCAL AND OVERSEAS MARKETS.

THE TALLOW MARKET (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, January 8. Tallow: Stocks, 1158 tons; imports, 701 tons; deliveries, 948 tons. PRICE OF FINE GOLD i (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, January 8. Fine gold is quoted at £6 0s 4d per ounce. BANKRUPTCIES IN 1931 OTAGO DISTRICT. Forty-five persons filed petitions in bankruptcy in the Otago district last year, their occupations being as under: Labourers (4), farmers (3), salesmen (3), butchers (2), carriers (2), carting contractors (2), fishmen (2), restaurant keepers (2), sawmillers (2), wool and skin merchants (2), blacksmith, bricklayer, builder, bus proprietor, carpenter, company manager, dairyman, electrical engineer, fishmonger, hotelkeeper, -and agent, lorry driver, manufacturer, miner, motor body builder, painter, pastrycook, petrol station proprietor, plasterer, plumber, and puntman. In three cases the liabilities were from £SO to £100; in 12, from £IOO to £250; in 11, from £250 to £500; in 10, from £SOO to £1000; in six, from £IOOO to £2000; and in two, from £2OOO to £SOOO, The following details are available: Assets, £12,852 10s 4d; amount secured to creditors, £25,641 3s 2d; liabilities, £30,907 12s 9d; assets realised by assignee, £4166 11s 3d; amounts of debts proved, £21,640 16s lid; paid in dividends (excluding preferential claims), £3454 0s 8d; paid in preferential claims, £386 8s 7d.

FRUIT AND PRODUCE WORLD Reilly’s report:—This is the time for the public to purchase their supplies of jam fruits, while prices are particularly low. During the week we sold: —Beetroot, Is 4d. Cauliflower: Choice, 3s; medium, 6s. Lettuce: Extra choice. Is 6d; choice. Is. Eggs: R.C.P.M., lid. Is Id. Parsnips, Is 4d. Carrots, Is 3d. Spinach, Is. Cucumbers, 3s, ss; outdoor, 2s. Cabbage, Is 6d, 2s dozen. Apples: Sturmers, choice Bs, small_ 3s to fls; new season’s Gravenstein, choice Bs, 10s Od, cookers 6s, Bs. Californian navels, 47s Cd. Californian lemons, 60s. Bananas: Ripe, 255; Niues, green, 17s 6d, Californian grape fruit, 47s 6d per case. Peaches: Crate, 2Jd, 4Jd; cases, lid, 3d. Rhubarb, lid. Apricots, 2d, sd. Green peas, 2d, 4d. Marrows, 2d. Water melons, 2d. Broad beans. Id, lid. French beans, 2|d, 3id. Butter beans, 4d, s|d; sweated unsaleable. Gooseberries, id, l|d. Raspberries: Pottles, 6d, lOd; buckets, ss, 8a 6d. Local tomatoes, 6d, lid; Christchurch, 4d, 6d; ■ Nelsons, 21d, 4d; green, lid, 2d. Garlic, 7id. Strawberries: Extra choice, Is 3d; medium soft, lOd. Black currants, 2 id, Hd. Red currants, 4d, sd, Cherries: Extra choice, Bd, 10d; small, soft, 3d, 6d. Plums, lid, 4jd. Peanuts, 4d Walnuts, ' 6d. Porker and bacon pigs, sd, 6d. Cheese: Medium, sd, 6d; loaf, 7d. Tea; Orange Pekoe, 2s 3d. New potatoes: Locals, Id, lid. Mushrooms: Choice, Bd, Is 2d; black, stale, unsaleable. Honey: Bulk, sd; ilb pats, 4id; sections, lOd; 10lb tins, ss, 6s. Butter, Bd, 9d. Hams, lid. Bacon, 6d, lid. Beeswax, Is 4d. Horsehair, Is. Cocoanuts, 16s 6d. Onions: Australian New Globes, 12s. Semesan and Granosan: nib, 555; ilb, 7s; 2oz, 2s 3d. Pa mer’s chick food: 41b, Is 3d; 101 b, 2s 6d; 251 b, 6s, 501 b, 10s; 1001 b, 19s.- C.M.W. knapsack, sprayer: Improved type, . £5; bucket pumps, 22s 6d. , Oyster grit. 9s. Woodwool, 28s. Fruit wraps, 3s 3d ream. Superphosphate garden manure, Is 6d. Champion egg crates, 16s. Raspberry buckets. 52s dozen, Vallo Giraffe lime sulphur; Cases 4 galls, 2s 3d: Weis. Is 10d gallon. Black Leaf “40”: 101 b tins, 525; 51b tins. 275; 21b tins, 14s: lib, 7s 6d; ilb, ss. Wheat, 6s. Partridge peas, 5s 9d. Crushed o?its, 12s 6d. Ricemeal: Specially good for poultry, pigs, and cattle, 7s 6d. Firewood blocks, 2s 9d. bag. Bran, £5 10s. Pollard, £6 10s. Oats;A Gartons, 2s 9d; B, 2s 3d. Seed oats, 3s 6d bushel. Oatsheaf chaff. £4. Straw; Wlieaten, £3. Poultry: 142 hens at 2s to 6s 4d, 108 chickens Is to 5s 6d; 6 ducklings 7s 4d (all at per pair); 1 hen and 10 chicks, 6s. REILLY’S CENTRAL PRODUCE MART, LTD., . Moray place, Dunedin.

MERCHANDISE MARKET

The northern jam manufacturers have advised an increase in the price of jama on account of the recent advance in the price of sugar. . , . Asparagus tips are being quoted # uy merchants at 18s per dozen, which is a considerable advance on previous cost, brought about through the heavy rate of exchange. . _ f A parcel of Heinz s English pack of soups was landed recently for this market. Smith’s potato crisps (two dozen in tin), packed in Sydney, are now available. . , New Zealand packed peas have been advanced Cd per dozen. . Second-grade apricots are in short supply. New season’s will not be available until March. . . , . A further sharp rise has taken place in the price of cream of tartar. The Narbada, due on the 17th, will be landing supplies of Singapore pineapples, sago, and tapioca. The vessel will also bring a considerable quantity of Indian tea and split lentils from Calcutta. New season’s shelled walnuts (Latco) are due to land on the 21st inst. The jam season is now on', and there is more demand for sugar. The next vessel to arrive is the Waimarino on the 14th. The Golden Cross brought a considerable quantity of Canadian flour, also seeded and seedless raisins and muscatels. The Waikouaiti brought transhipments ex eastern steamers, including desiccated coconut and walnut meat. . K tinned peas have advanced in price. Australian sultanas, all grades, are now quite unprocurable by merchants. Granose biscuits (3’s) have been reduced in price. C.M.C. tongues (jars) also show a reduction in price.

IUJGBT, January 8. Par. Jan. 7. Jan. 8. Paris, fr to £1 .. • • 124.21 85% 86 13-18 Brussels, belgas to £1 35 24 7-16 24% Oslo, kr to £1 .. •• 18.150 18% 18% Stockholm, hr to 81 .. 18.150 IT 13-16 17% Copenhagen, kr to 81 18.150 18% 18% Berlin, marks to £1 .. 20.43 14 5-18 14% Montreal, dol to £1 .. 4.80 2-3 4 4.04% New Tort dol to £1 .. 4.80 2-3 3.39 3.40% Yokohama, pence to yen 34.58 25% 25% Hongkong, pence to dol 25.15 17 7-18 17% Bombay, pence to rupee 18 18 7-04 18 T-64 Batarla. florins to £3 12.107 , — 8,86 Milan, lire to £1 .. 92.45 60% 67 Amsterdam, guild to £1 12.107 8.45% 8.47% Prague, hr to £1 .. 24.02 113 115 Genera, kr to £1 .. 25.22% 17 7-16 17 7-10 Vienna, schillings to £1 24.55% 80 SO Helsingfors, marks to £1 193.334 235 230 Madrid, pesetas to £1 25.22% 40 3-16 40 5-10 Athens, drachma to £1 25.22% 200 200 Lisbon, escudos 'o 81 5.50% 109% 109% Bucharest, lei to £1 .. 037 565 ' 675 Bio de Janeiro, pence to mllrcls 18 4% 4% Buenos Aires, pence to 47.82 40 9-10 40% Shanghai, pence to tael 23% 23 5-10 23 1-10 Montevideo, pence to peso 51 31% 31%