Page 27 Advertisements Column 1

Otago Witness, Issue 3808, 8 March 1927, Page 27

LONDON TALLOW MARKET LONDON, March 2. At the tallow sales 1615 casks were offered, and 681 were sold at par to Is 6d decline. Quotations: Mutton,fine, 38s; medium 345; beef, fine, 39s 6d; medium, 345. LONDON WHEAT MARKET. LONDON, February 28. Wheat cargoes are steady, and late rates are maintained. Parcels are in fair request at 3d advance. Liverpool futures— March, 10s 6|d; May buyers, 10s 32d; July, 10s 3Jd. . March 2. Wheat: Cargoes showed improved demand in sympathy with American reports, and prices advanced by 6d. Quotations: Hesperus, 53s 3d (net); Sithonia, 53s 3d; Faxen, 53s 9d; Hoyanger, 53s lid. Pareels were moderately active at an advance of 3d to 6d. Ex the Medic, 53s 3d (net), 53s 4id; ex the City of Corinth and Vedic, 53s 4d; ex the Euripides and City of Hankow, 53s 3d; ex the Euryades, 53s 9d; ex the Berwickshire, 53s 6d. Liverpool futures— March,. 10s Bad; May, 10s 4£d; July 10s 4d per cental. CHICAGO WHEAT MARKET 4 . NEW YORK, February 28. Chicago wheat: May, 138 g cents per bushel; July, 132 f; September, 230 L _■ March 1... Chicago wheat: May 140| cents per bushel, July 134 J, September 1314.

LONDON MARKETS. LONDON, March 5. Cotton: April shipment, 7.59 d per lb. Rubber: Para, 17d; plantation and smoked, 20d. Jute: March-April shipment, £3l 2s 6d per ton. ilcmp: March-April shipment, £35 10s ;er ton. Copra: March-April shipment, £25 15s per ton. Linseed oil: £32 15s per ton. Turpentine, 47s per cwt. CALCUTTA TEA SALES. CALCUTTA, March 2. At the final tea sale of the season the demand was active and prives advanced •six .pies to. one anna in the case of leaf teas' and six pies for dusts. r lhe tea interests strongly condemn the Budget proposals to increase the assessment on the tea companies from 25 per cent, to 50 per cent, as an offset to the abolition of the tea export duty. SULTANAS AND CURRANTS. LONDON, March 2. The sultana trade is quiet. Australians, line, 68s to 735; medium, 63s to 68s; common, 56s to 625. Currants are in good demand, and stocks of Australian are practically cleared. Prices: 35s to 38s. HIDE SALES. LONDON, March 5. At the Australian hide sales dry salted realised from 94d to lOd and wet salted from 7£d to 7£d. BUTTER AND CHEESE. , LONDON, March 3. lhe butter market is dull. New Zealand supplies are neglected, and prices are unchanged at 166 s and 168 s. ■ Australian butter is selling quietly; cioicest salted, 158 s to 160 s; unsalted, 162 s to 1665. Danish butter is weak at 185 s. Cheese is dull. The New Zealand control prices have been reduced to 87s and 88s per cwt (compared with 91s and 925). THE MEAT MARKET. LONDON, March 5 Sheep.—North Island: Light 6 7-8 d; medium, 6 5-8 d; heavy. s?d. New Zealand ewes, 3 7-Bd. Australian: first, 3 7-Bd. Argentine: Light, sd; medium, 4d; heavy, 3£d. Lamb.—Canterbury : Light, lOd ; medium lOd; heavy, 9£d; soponds, 9d. Other selected brands: Light, 9?d, medium, 9?. North Island: Firsts, 9 5-16 d; seconds, Chilled Beef.—Argentine: Fores, 2’5-8d; Uruguayan; None offering. Other meat prices are unchanged. The slump in chilled beef is enormous, offerings amounting to 200,000 quarters in a fortnight from steamers held up during the fog. The weakness spread to all other meats. LONDON SHARE MARKET. LONDON, February 28. Mount Lyell, 28s; P. and O. deferred stock, £262. _ , „ March 1. P. and 0. deferred stock £259; Dalgety Vul Co. (shares) £lO3, (stock) £l5; Goldsborough Mort, £75 10s.

LONDON MARKETS. . , LONDON, March 1. Ihe tallow stocks are 7873 casks; imports 1317, deliveries 1831. The tin stocks are 13,068 tons; spot 336, afloat 1325, deliveries 1809. HUDDART, PARKER, LTD. The directors of Huddart, Parker (Ltd) have declared, subject to audit, a dividend for the half-year ended December 31, 1926, of 3 per cent, on the preference shares, and of 5 per cent, with a jubilee bonus of 5 per cent, on the ordinary shares. BANK OF NEW SOUTH WALES. SYDNEY, February 28. The Bank of New South Wales intends to raise its nominal capital to £7,500,000 by the creation of 75,000 new shares at £2O each. It is proposed ,to issue to the Bank of Western Australian shareholders 43,750 Bank of New South Wales shares in consideration of the sale of that bank as a going concern. The remaining 31,250 shares wil( be offered to all shareholders registered on April 30 on a pro rata basis. BANK OF "AUSTRALASIA. 1 . LONDON. March 3. J.no Bank of Australasia balance sheet shows that £50,000 has been transferred to reserve, £40,000 written off premises, and £135,508 carried forward. A dividend for the year at the rate of 14 per cent., tax free, has been declared.