COMMERCIAL
BRADFORD TOPS MARKET. LONDON, October 9. The Bradford market is quiet and irregular. Nominal quotations: Sixty-fours, 24d; 60’s, 22d; 56’s 18d; 50 s 14 Jd* 46’s 12Jd; 40’s. 12d “ ’ LONDON TALLOW MARKET. LONDON, October 8. At the tallow sales 562 casks were offered, and 206 casks were sold or exchanged to 6d decline. Mutton: Fine, 30s fid; medium, 25s 6d. Beef: Fine, 31s 6d to 25s 6d. Stocks, 2040 casks; imports 827; deliveries, 1163.
Messrs Dalgety and Co., Ltd., advise having received the following cablegram from London dated October B.—At the London tallow sales 562 casks were offered and 37 per cent, were sold —208 casks; prices—fine mutton tallow. 30s fid; mixed go <1 tallow, 275; inferior tallow, 24s 6d.
LONDON STOCK EXCHANGE.
LONDON, October 9.
Tho following are the latest quotations for Government securities, compared with the prices rulinj last week:—
FOREIGN EXCHANGES.
RUGBY, October 9,
LONDON METAL MARKET. LONDON, October 9. Following are the official quotations in the metal market:— 1 Ton.
BEET SUGAR. LONDON, October 9. • Beet sugar: November, 4e sid.
BANK OF ENGLAND RETURN. LONDON, October 9. The following is the Bank of England jeturn: — ISSUE DEPARTMENT. Note issue in circulation .. £359,559,630 Banking department .. .. 57,917,086 £417,476,716 Government debt£ 11,015,100 Other Government securities 232,898,230 Other securities. 11,627,537 Silver coin 4,459,133 Gold coin and bullion .. .. 157,476,716 £417,476,716 BANKING DEPARTMENT. Proprietors’ capital .. .. £ 14.553.000 Rest 3,084,444 Public deposits 12,861,301 Other deposits (bankers) .. 66,447,104 Other accounts 34,251,102 Seven-day and other bills . . ’ R 867 £131,198,818 Government securities .. £ 44,666,247 Discounts and advances .. 4,879,485 Other securities 22.529,736 Notes in reserve Gold and silver coin .. .. 1,206,264 £131,198,818 . The proportion of reserves to liabilities is 52.00 per cent. Short loans are quoted nt 2 per cent.; three-nionths bills at 2. 2-32 per cent. BRITISH TREASURY BONDS. LONDON, October 10. • The average price obtained for the Treasury bonds was a shade under £lOO 11b 7d. THE RUBBER MARKET. , LONDON, October 6. Kubber stocks: London, 81,544 tons: Liverpool, 36,378. PRICE OF FINE GOLD. t,. ~ . LONDON, October 6. I ' ,ne sold is quoted at £4 4s Ugd per THE MEAT MARKET. — LONDON, October 11 Frozen Meat.—New Zealand sheep: Crossbred wethers and maiden ewes North Island, 57/641b t s|d; 65-721 b, 5Jd. Australian sheep: First quality crossbred and/or merino wethers, 40/651b, 43d; 4Jd. Argentine sheep: Ewes, 56/64111, sd: Patagonian sheep, wethers and/or maiden ewes. 50/601b. 4gd New Zealand Lambs: Other South Island brands. 37/421b. BAd. Australian lambs, all States, third quality, 6|d;
Argentine lambs, second quality, average 301 b, none offering. Argentine Chilled Beef.—Ox hinds, 160/2201b, 7|d. New Zealand Pigs.—First quality, 101/1201b, Bd. others unchanged.
LONDON WOOL SALES/
LONDON, October 6. At the wool sales 9062 bales were offered, including 4006 from New Zealand. Approximately 4650 bales were sold. There was a miscellaneous selection of all descriptions, and there was fair demand at late rates, but there were fairly large withdrawals owing to the high reserves.
At Bradford merinos are unchanged, and crossbreds are still sagging. October 7. At the wool sales 9081 bales were offered, including 3392 from New Zealand, and about 4180 were sold. The sales closed unchanged from the recent level. Compared with the July closing prices merinos and best combings were fully maintained, and prices for faulties and inferiors declined 5 to 74 per cent. Carbonising sorts were 15 per cent, down, scoureds (good) 10 to 15 per cent., and faulties and inferiors 20 per cent, lower. Crossbreds were all weaker. Halfbreds were 10 per cent, lower, slipes (halfbred) 15 per cent., and short and faulty 15 to 20 per cent. Lambs were neglected, and were 10 to 20 per cent, down.'
The market has been hesitant throughout, but at a lower level. Competition has been quite good. A total of 164,000 bales was catalogued, and 56.500 were sold to the Home trade, 70,500 to the Continent, 1000 to the LTnited States, and 75,000 have been held, of which 53,000 were not offered. The total Australian sold was 56,000 bales, and the total New Zealand 55,000.
The New Zealand Loan and Mercantile Agency Company, Ltd., has received the following cablegram from London, dated October 7: —As compared with last sales’ closing rates, prices are lower about 10 per cent, to 15 per cent, for greasy merino inferior, lambs’ merino, scoured merino super, fine crossbred slipe', fine greasy crossbred; lower about 15 per cent, to 20 per cent, for crossbred scoured, scoured merino medium, coarse crossbred slipe, scoured merino inferior, medium crossbred slipe; lower about 5 per cent, for greasy merino super; lower about 7J per cent, to 10 per cent, for greasy merino medium; lower about 15 per cent, for crossbred lambs, medium greasy crossbred, coarse greasy crossbred, and lower about 25 per cent, for crossbred slipe inferior. The sales closed with a ■weak tone to-day.
Messrs Murray, Roberts, and Co., Ltd., have received the following wool market cablegram from London, dated October 7: The sales have closed irregular, with
competition fair, all sections operating cautiously. Compared with the closing rates of the last London eales, greasy merino of best descriptions was from par to a 5 per cent, decline. Greasy merino, medium to good, declined 10 to 15 per cent.; greasy merino medium declined J 5 per cent.; greasy merino inferior and faulty declined 15 to 20 per cent.; lambs merino, greasy, except the best descriptions, declined 10_ to 15 per cent.; scoured merino best declined 5 per cent., scoured merino, medium to good, and scoured merino, inferior, declined 15 to 20 per cent. Lambs merino scoured, good to extra good, declined 5 to 10 per cent.; lambs merino scoured, inferior to medium, declined 20 to 25 per cent.; crossbred gieasy comeback and crossbred greasy halfbred declined 10 to 15 per cent.; crossbred greasy fine declined 15 per cent.; crossbred greasy, coarse to medium, and crossbred lambs, declined 15 to 20 per cent.; crossbred greasy, good length and staple, showed the least decline* crossbred scoured, fine, declined 10 to 15 per cent.; crossbred scoured, coarse to medium, declined 20 to 25 per cent ; crossbred scoured inferior declined 25 per cent.; sl:pe halfbred lambs of the best descriptions declined 10 per cent.; slipe crossbred of other descriptions declined 15 to 20 per cent. Quotations are: 60/64’s (New Zealand merino), yielding 48 per cent., 94d; 56’s, yielding 60 per cent., 9Ad, o 0 s, yielding 65 per cent., BJd; 44/46’s, preparing, yielding 74 per cent., Sd; 44/ 46 s; carding, yielding 72 per cent., 74d; 40/44’s, yielding 73 per cent., 7d; 36/40’s yielding 75 per cent., 6}d.
Messrs Dalgety and Co., Ltd., have received the following cablegram from their head office, London, dated October 7:— “ The London sales closed fairly active, with fair competition. There was a good attendance and a fair selection, but including heavy offerings of scoured -wool. The Continental buyers were the principal operators. The Home trade buyers were operating fairly freely at a lower range of prices. Scoured, inferior and faulty fleece and skirtings, were neglected, as compared with the closing rates of the last series. Scoured merino super was 2d lower; scoured merino, average to good. 2jd lower; merinos, inferior and faulty, 3d to 4d lower; greasy merinos, good to super, id to Id lower; average to good, Id to lid lower; inferior and faulty, IRI to 2d lower; superior halfbred, Id to lid lower; halfbred, average to good, l£d lower; inferior and faulty, Id to IJd lower; greasy fine crossbred. Id to 2d lower; greasy medium crossbred, lid to 2d lower; greasy coarse crossbred, lid to Ud lower; scoured halfbred, 2d to 3d lower; scoured crossbred, 2d to 3d lower* lambs, 2d to 3d lower. A total of 165,449 bales was offered, of which the Continent has bought 70,500 bales. Home trade 56,500 bales, America 1000 bales, carried forward. 77,500 bales, of which 53,000 bales were not offered.
Tlie following is the range of prices:— Merino, good to super, Hid to 14d; merino, low to medium, BJd to lid; halfvfjJ’ good to super, lid to 14d; half bred, 56/58, low to medium, 8d to 10id; halfbred, 50/56. good to super, lOd to lid; halfbred, 50/56, low to medium, 7id to 9}d; fine halfbred, 48/50, good to 9ld to lOJd; fine crossbred, 48/50, lne dium, 7Jd to 9Jd; fine crossbred 46/48, good to super, 9d to lOd; fine cros/ bred, 46/48, low. to medium, 7}d to 83d; crossbred, 44/46, good to super, BJd to 91d; crossbred, 44/46. low to medium, 7d to 83d; crossbred, 40/44, good to super, »4d to 9d; crossbred, 40/44, low to coarse crossbred, 36/40, good to super, B}d to B|d; coarse crossbred, 36/40, medium to good, 6Ad to OU, »
The Otago Farmers’ Co-operative AssoM f n Ne - V Zealan ‘b Ltd., is in receipt d the ffi follow,n « cablegram from its Lon-
Um wool sales closed to-day and prices compared with opening rates, are as follow:—Good merinos, 5 per cent. do"u, others 71 per cent, down; scoured, 10 per cent, down; greasy crossbreds, 5 per cent, to 71 per cent. dow*n; scoured, o per cent, to 10 per cent, down; slipe, 5 per cent, to 10 per cent, down
LONDON MARKETS.
■p ~ , LONDON, October 11. r riday s closing prices w*ere: Cotton: November shipment, 5.48 d per
„ Lara, 51d; plantation smoked, 3 13-16 d.
~J u i e * October and November shipment, £l6 us.
Hemp: Small business. October and November shipment, £23 per ton. Copra: November South Sea, £l4 12s od per ton; plantation Rabaul, £l4 15s. Linseed oil, £29 10s per ton. Turpentine, 34s 9d per cwt. Osmiridiuni is unchanged.
Messrs Dalgeay and Co.. Ltd., have received the following cablegram from London, dated October 7:— ® Tallow.—At to-morrow’s sale it is expected that if any change in prices takes Place. will be in favour of buyers. Dairy Produce.—Prices for butter and cheese are 2 S per cwt lower. The market is stagnant.
Messrs Dalgety and Co., Ltd., have received the following cablegram from thei” head office, London, dated October 9:—
DAIRY PRODUCE.
The cheese market is slow and the butter market is stagnant. Quotations are: Danish butter, 144 s to 1465; New Zealand finest butter, 112 s to 116 s; Australian finest, unsalted, 126 s to 128 s; Australian finest, salted, 110 s to 116 s; Australian finest, G.A.Q., 106 s to 110 s. Australian cheese, white, 68 s to 70s; Australian cheese, coloured, 68s to 70s; New Zealand cheese, white, 70s to 725; New Zealand cheese, coloured, 69s to 71s; Canadian cheese, white, 72s to 78s; Canadian cheese, coloured. 72 s to 78s; Canadian cheese, c.i.f., 745. FROZEN MEAT.
Lamb. —The market for New Zealand lamb is weak, and looks like going lower. The demand is moderate. Quotations are:—New Zealand prime Canterbury lamb, 28/361b, B§d; prime North Island lamb, 28/361b, 83d; prime Canterbury lamb, 36/421b, B|d; prime North Island lamb, 36/421b, B|d; prime Canterbury lamb, second quality, 7}d; prime North Island, lamb, second quality. 7d; prime Canterbury lamb, 42/501b. BJd; prime North Island lamb, 42/501b, Bd. Mutton.—The market for New Zealand mutton is firm and the demand is limited. Quotations are: New Zealand prime Canterbury mutton, 48/561b, 6d; prime North Island mutton, 48/561b, sfd; prime Canterbury mutton, 56/641b, 5Jd; prime North Island mutton, 56/641b,~5{d; prime Canterbury mutton, 64/721b, 53d; prime North Island mutton, 64/721b, sd; prime Canterbury ew*es, 48/641b, 3£d; prime North Island ewes, 48/641b, 3fd. Beef.—The market for New Zealand beef is unchanged. The demand continues. Quotations are: New Zealand prime ox beef hinds 5Jd. fores 4d; Argentine chilled hinds 7Jd. fores 4jd. Pork. —The market for pork is firmer and the demand is better owing to cold weather. Quotations are: English porkers, 80/1001b, lid; New Zealand porkers. 80/1001 b, 9d; New Zealand porkers 100/1201b, Bid.
DAIRY PRODUCE.
LONDON, October 9. Butter: Weak. Danish 1425; choicest salted New Zealand and Australian, 112 s and U4s; unsalted, scarce, nominal. Cheese: Flat. New Zealand white and coloured, 70s. Australian coloured. 68s. SYDNEY, October 12. Butter prices are being reduced on Monday by Ad per lb. Butter will be retailed at Is 7d to Is 74d per lb—the lowest level since 1918.
The National Mortgage and Agency Company of New Zealand, Ltd., has received the following cablegram from London:—
Butter.—The market is slow. Quotations are: New Zealand finest, 114 s to 116 s; New Zealand first grade, UOs to 112 s; Danish, 146 s to 148 s; Australian, 110 s to 114 s; stored, 2s to 4s less. Supplies more than equal the demand. Cheese.—The market is quiet. Quotations are: New Zealand white, 72s to 735; New Zealand coloured. 71s to 725; Canadian white, c.i.f., 725; Canadian coloured, c.i.f., 735.
The New Zealand Loan and Mercantile Agency Company has received the following cablegram from its London house dated October B.—Butter, 114 s to 118 s; no business. Cheese, 69s to 71s; very slow.
Messrs A. S. Paterson and Co., Ltd., are in receipt of the following cablegram from their principals in London, dated October 9:—
Butter.—Market steadier at reduction. Danish, 148 s; New Zealand, 110 s to 114 s; Australian. 108 s to 112 s. „ d lcese - —Market slow. White cheese, 69s to 70s; coloured, 69s to 68s. „
Amalgamated Dairies. Ltd., reports receipt of the following cablegram from its London office:—
Anchor butter, 118 s; other finest recent arrivals, 112 s, 114 s; stored, 110 s; demand ffiSSfWKT* “ pri “ 5 - 7os, coloured 60s; mar-.
. Messrs Dalgety and Co., Ltd., advise having received the following cablegram' from their head office, London, dated Oc- L tooer 10:—
The market for butter is slightly, steadier. Prices for cheese are Is to 2s, lower. >
GERMAN BANK RATE. , BERLIN, October 9. ine bank rate has been raised to 5 per. cent. <
WHEAT, FLOUR, ETC.
„ T , LONDON, October 9. Wheat cargoes are inactive and unchanged to 3d easier. Ben Nevis’s cargo' sold to India at 26s 3d (c.i.f.). Parcels are lifeless and unchanged at 3d decline, .futures— London: December and February 26s lOd. Liverpool: October, ss' Had; December and March, 5s lOJd; Mav 6s OJd. The spot trade is slow. tralian, ex ship, 31s. hlour is dull. Australian, ex store, 245. Oats are in poor demand. Australian and Algerian, 13s and 14s; A Gartons, 16s and 1/s.
O4n ea xi Llue dull. Tasmanian, 220 s and 2405; New Zealand, 200 s and 2205; maples' better inquiry; Tasmanian, 65s and 67s;’ New Zealand, 55s and 60s. New Zealand beans, quiet, 34s and 365. . T OTTAWA, October 9. .hews from Winnipeg states that serious decreases in the wheat yield of Western Canada are foreseen as a possible result pt continued wet weather, which has delayed threshing for some sections since early m September. Intermittent rains in Northern Saskatchewan and Alberta have virtually stopped operations, and wheat sprouting is reported, preventing threshing in .!?. an y cas es. It is undoubtedly true that millions of bushels w,l] be cut from the estimated prairie yield by the spell of wet weather. The current low prices for wheat have influenced a number of farmers to leave the grain lying in the fields.
MOSCOW, October 7. Hie newspaper Pravda admits that Kussia will be unable to deliver largd quantities of wheat Avhich has been sold tor future delivery. rr , WASHINGTON, October 10. Ihe Department of Agriculture to-dau t le United States wheat cron at 839,612,000 bushels.
. NEW YORK, October 6. Chicago wheat quotations: December. ons cents pcr bu shel; March, 861; May. OWy.
October 7. Chicago wheat: December 80} cents pep bushel; March, 84; 86’-; July. October 9. < hicago wheat: December. 772 cents pep bushel; March, 80J; May, 83J; July, 84|. GUINNESS’S PROFITS.
Expectations of a good showing by Arthur Guinness, Son and Co., Ltd., the Dublin brewers of stout, are realised in the figures abcompanying the final dividend announcement. The dividend is at the same rate as for the previous year, namely, 15 per cent., with a bonus of 5 per cent., making 35 per cent, in all for the year, less income tax, as is now the company s practice; but the addition to the reserve fund is £200,000 in place of £lOO,OOO, and £35,000 has been transferred to depreciation, while the balance remaincarr'ed forward is increased to £801,430, as compared with £642,357. From this showing it is evident that profits have increased in a satisfactory manner under adverse conditions of general trade depression.
CANADIAN LOAN.
P October 10. I he Canadian bonds were issued at 954 to yield 4.28 per cent. While the bond* yer ’w bS H rl x ed ’ Jt is generally re, p rted in M all street that the progress of the distribution to the hands of the ultimate investor is proving slow v/ri- Pl ’w IOU I i n 4. e^ aKe stated:—The New Herald-Tribunes financial editor states that arrangements have been vir. tually completed for a 100,000,000d0l loan for Canada in the local market, which is the largest offering for the year. A bank, ing group, headed by the Chase Securities Corporation, will underwrite the issue at 4 per eent. fo r 30 years, which will bq offeied at a figure which will yield the investor 4.4 to 4.6 per cent. The proceed! of the loan are for a 1930-31 refunding operation. The Canadian Government be. heves that the issue will be sold only ii» New York and Canada.
SYDNEY WOOL SALES.
. , ~ . SYDNEY. October 8. At the wool sales 10,985 bales were offered, of which 10,748 were sold, while 223 were disposed of privately. There was an improved demand by Japan and Yorkshire. The market was firm for all wools of average quality, and greasy merino brought lo}d.
. , , October 9. At the wool sales 11,247 bales were offered, of which 10,665 were sold, while 1873 were disposed of privately. There was good competition, particularly on brcnch and German account. Greasy merino brought 15Jd.
AUSTRALIAN MARKETS.
n „ . SYDNEY, October 9. Kcnecting the weakness overseas, the local wheat market is depressed. Bulked 2s 9ld. bagged 2s IOJd. Flour £9. Pollard and bran £5. Potatoes: Tasmanian £7 to £9, Victorian £7 10s. Oats 3s 9d to 4s 4d. Onions: Victorian Spanish £6. Maize 4s 3d. MELBOURNE. October 10. Wheat, 3s Id. Flour. £8 15s to £9. Bran and pollard. £5 ss.
FOUNTAIN PENS sometimes go wrong and need repairing. Our pen doctor will make any pen or nib better. Many leave it over and forget about it. Send your pen to and Simpson s, Booksellers, Dunedin.
Oats, 2s 6d to 2s 7d. Barley: English, 3s to 3s 3d. Maize, 4s 4d.
EXPORT OF CHEESE.
INVERCARGILL, October 11. At the annual meeting of shareholders pf the Southland Cool Stores, Ltd., on Saturday the following resolution was carried:—“That, in view of the reports from overseas of the deterioration in Quality of New Zealand cheese and of the necessity of maintaining the highest Quality of our exports in order that we may derive the highest price and thus be in a position to face the grave economic conditions, this meeting of Southland dairymen expresses the opinion that it is not in the interests of the dairying industry that standardised cheese should be exported; further, that the regulations governing the manufacture of full-cream pheese be strictly enforced.” Mr H. J. Middleton said that until members of the industry made themselves heard they would get no support either from the Minister of Agriculture or from the director of the dairy division.
DRAPERY AND GENERAL IMPORTING COMPANY.
ANNUAL REPORT.
The directors of the Drapery and General Importing Company of New Zealand, Ltd., report for the year ended August 20, 1930: Shareholders were paid the customary discount of 21 per cent, on their purchases for the first six months of the year in May last, and will receive it for the second six months on the Ist prox. The net profits for the past year, after making provision for land and. income tax, are £40.169 19s 3d, which, with £45,649 Os 6d, brought forward last year, show a total to the credit of the profit and loss account of £85,818 19s 9d. During the year the lease of premises in the Octagon was purchased to allow for the expansion of the Dunedin business. Owing to increased rates of income tax and land tax and to the withdrawal of exemptions formerly allowed a very much larger sum has had to be provided. On May lan interim dividend was paid on preference shares at the rate of 6 per cent, per annum for the half year ended February 20, which absorbed £7500. and left £78,318 19s 9d now available for division. It is proposed to deal with this sum as follows: —6 per cent, dividend on preference shares for the half year ended August 20, £/500; 10 per cent, dividend on ordinary shares, £17.917 8s Id; addition to reserve fund (which will then Stand at £85,000), £4622 15s 7d; balance to be carried forward. £48,278 16s Id The dividend (if approved) will be payable on or after November 1, 1930 Messrs P. L. Halsted and Alfred Fels retire from the directorate, but offer themselves for re-election. • EASTERN EXTENSION COMPANY. WELLINGTON, October 9. lhe Eastern Extension Company’s estimated receipts for August total £411,090. compared with £492.360 for August, 1929 The aggregate for the eight months of 1930 was £3.656,030. and for the similar period of 1929, £4.115.503, BUTTER AND CHEESE. INCREASE IN TRADING FIGURES. . WELLINGTON, October 8. lhe dairy division grading figures for the two months ended September 30 show an increase for butter of 15.68 per cent, at 10,459 tons (9041), and for cheese an increase of 34.01 per cent, at 5482 tons (4909), compared with the quantities for the corresponding period of last season, Shown in parentheses. Reduced to terms of butter-fat, the equivalent gradings of dairy produce for the two months show an increase of 18.608 per cent, over the corresponding period of last season.
Last week. This week. £ 6. d. £ s. (L Imperial Consols, 2’6 p. c . • • 55 17 6 56 15 0 War Loan, 5 p.c., 1929-47 .. 104 5 0 104 15 0 Conversion Loan. 3% p.c. .. 78 10 0 79 10 o Victory 4 p.c. .. 95 10 0 96 5 o C’wealth 6 p.c., 1931-41 .. 96 0 0 97 0 0 C’wealth 5% p.c.. 1922-27 .. 86 0 0 86 5 0 N.Z. G p.c.. 1936-51 .. .. 104 16 3 104 15 0 N.Z. 4 p.c.. 1920 .. 94 1 3 95 0 o N.Z. 3’6 p.c., 1940 .. .. 88 10 0 89 0 o N.Z. 3 p.c.. 1945 .. .. .. 80 11 3 81 0 0 N.S.W. 6’6 P.c.. 1930-40 .. 96 0 0 96 15 0 N.S.W. 6 p.c., 1930-40 .. 95 15 0 94 15 0 N.S.W. 5% p.c., 1922-32 .. 94 0 0 93 15 0 N.S.W. 4 p.c., 1933 .. .. 93 10 0 N.S.W. 3% p.c.. 1930-50 .. 84 0 0 83 10 o N.S.W. 3 p.c.. 1935 .. .. ' 65 15 0 10 0 Vic. 6% p.c.. 1930-40 .. .. 81 10 0 82 10 0 Vic. 6 p.c.. 1932-42 .. .. 84 17 6 85 5 o Vic. 4% P.C.. 1940-60 .. .. 92 0 0 02 0 0 Vic. 3% p.c.. 1929-49 ,. .. 65 0 0 65 0 o Vic. 3 p.c.. 1929-40 .. .. 63 10 0 63 0 0 Q’land 6 p.c.. 1930-40 .. 96 0 0 96 10 o Q’land 5 p.c.. 1940-60 .. 83 10 0 84 0 o Q’land 3 p.c.. 1922-47 .. 62 0 0 64 10 o S.A. 614 P.C.. 1930-40 .. .. 96 8 9 97 5 0 S.A. 3% p.c.. 1939 .. 80 5 0 80 15 o S.A. 3 p.c., 1918 or after .. 51 0 0 50 0 0 W.A. 6 p.c.. 1930-40 .. .. 94 12 G 95 0 0 W.A. 3’6 p.c.. 1920-35 .. 84 10 0 85 10 o W.A. 3H p.c.. 1915-35 .. 86 10 0 85 10 o Tas. 6% P.C., 1930-40 .. .. 99 10 0 99 10 0 Tas. 3’6 p.c., 1920-40 .. .. 80 10 0 81 o o Tas. 3 p.c.. 1920-40 .. .. TO 10 0 79 10 0
Paris, fr to £1 Par. Oct 7. Oct. 8 124.21 123.845 123.825 Brussels, belgas to £1 35 34.825 34.825 Oslo, kr to £1 34.43 18.16 18 16 Stockholm, kr to £1 18.150 18.09 18.09 Copenhagen, kr to £1 18.150 18.16 18 IB Berlin, marks to £1 20.43 20.425 20.125 Montreal. ■ dol to £1 * •• 4.80 2-3 4.85% New York. do! Yokohama; pence to to £1 yen 4.80 2-3 4.85% 24.58 24 7-16 4.85% 24 17-22 Hongkong, pence to dol 24.58 15 9-16 15 9-lft Bombay, pence to rupee 18 17 25-32 1 17 13-16 Batavia, florins to £1 12.107 Milan. Uro to £1 02.45 92.795 92.795 Amsterdam, guild to £1 12.107 12.04% 12.045 Prague, kr to £1 24.02 163% 103% 25 Geneva, kr to £1 25.22% 25.015 Vienna, schillings to £1 24.56% 34.445 34.445 Helsingfors, marks to £1 193.334 193% 193 Madrid, pesetas to £1 25.22% 47.45 48.20 Athens, drachma to £1 25.22% 375 375 Lisbon, escudos to .£1 4.50% 108.25 108.25 Bucharest, lei to £1 973 818 SIS Rio de Janeiro. pence to milreis .. 18 4 13-10 4« Buenos Aires, pence to pesos .. .. 47.82 39 9-16 39 1-1« Shanghai, pence 1 to 1 tael 23% 19 19
Copper, spot .. .. £43 6 3 Fall 25/Copper, forward .. .. 43 6 8 Fall 25/Electrolytic, spot .. .. 46 10 0 Electrolytic, forward .. 47 10 0 No changa Wire bars .. .. .. .. 47 10 0 No changa bead, spot .. .. 15 5 0 Fall Sl/J Lead, forward .. .. .. 15 5 0 Fall 20/Spelter, spot .. 18 9 Fan 15/Spelter, forward .. .. 14 10 0 Fall 16/3 Tin, spot .. .. .. .. 115 15 0 Fall 180/Tin. forward .. .. .. 117 7 Oz 6 Fall 175/Silver, fine .. Rise 3-164 Silver, standard .. .. 1/5 16-16 Rise 3-164
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Otago Witness, Issue 3996, 14 October 1930, Page 17
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4,236COMMERCIAL Otago Witness, Issue 3996, 14 October 1930, Page 17
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