COMMERCIAL

Poverty Bay Herald, Volume LXI, Issue 18367, 9 April 1934, Page 10

COMMERCIAL

SYDNEY STOCK EXCHANGE TIN SHARES VERY ACTIVE *# —. d-lfc. Tel. Copyright—United Press Assn.) SYDNEY, April 6. Qjj the Sydney Stock Exchange today. general industrial issues were steady. Commonwealth Bonds are still "advancing, ■while the turnover in the mining section was of almost record proportions. Tho demand for eaijjjjjrn tin shares is most persistent •"mE*London buying orders are believed still to be in the market for c oncerns In 'the alluvial tin group. Bales: Bank of New South Wales, SL'iJ 15s; Commercial Bank of Sydney, £l7 18s; Colonial Sugar, £65 Us; Australian Provincial Assurance, His (icl; Mercantile Mutual Insurance, 22s f?d; Associated Newt, 22s 9d; ditto., prel„ 23s 4Jd; British Tobacco, 37v. Jjd; Tooths, 43s 3d; Tooheys, 27s 101 fig Henry Jones, 34s 3d; Millaqiun •Suffir, 295; Lustre Hosiery, 24s 3d; IV. 11. Carpenter, 41 1 6d. Bfllolo Gold, £7 2s fid; Bulolo Deposes, 2s; Broken Hill Proprietary, 4fis 3d; South Broken Hill, 70s fid; Kawnng Tin, 9sf Larut, 14s fid; Topg.h Harbor, 14s 9d; Malim Nawar, lfis 3d; Kuala Kampur, 16s 8d; Rlaefir J > .vvSlopment, £lB 7s fid. '1 Morning sales Included: Coramonn v f h Bonds, 4 per cent, 4938, .2104 iSsiffl; 1950, £IOO 16t,;£ 10^,17s fid; Bai& of New South Wales, -834 MU; Ne\r Zealand Insurant 593 J ifefr;

■ Tooheys, 27s 9d; Tooths, 43s 3d; Associated News, 22s 9d; ditto, prof., 3s fed; Broken 11111 Proprietary, 4fis; Lustre Hosiery, 24s 3d; Meggitts, 21s; Winchcombe Carson, 29s fid. MELBOURNE, April (!. Sales on the Melbourne Stock Exchange to-day included: Commercial Bank, prof., £9 12s; National Bank, £5 paid, £0 10s; Dunlop Perdrlati, 19s lid; Metropolitan Gas, Cl 3 17s; Herald-Times, 52s 3d; North Broken Hill, 925; Goldsbrough Mori, 33s fid.

The meat market SWITHFIELD QUOTATIONS LONDON, April 7. Latest quotations on the JSinithliekl meat market are as follow : New Zealand sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 57 to#64lb, 4Jd; 65 to 721 b, 4Jd; North Island, 57 to 641 b, 4?d; 65 to 7£lb, 41d ; ewes, 65 to 7211), 1 Australian sheep.—First quality crossbred and/or merino wethers, 40 to 651 b, 4i<|.j second quality, 50 to 5511), 4pl. Argentina sheep.—First quality, crossbred Wethers, 65 to 721 b, 4^l. New 'Zealand lambs.—Canterbury, 45 to 601 b, 6|d; second quality, average about 321 b, 7d; other South Island, 36)b and under,’ 7|d ; 37 to 421 b, 7d; 43 to 501 b, bid; selected North Island, including ’Downs, 3611 i and under, 7£d ; 37 to 421 b; 7yd; 43 to ujjjlb, 6gd; other North Islalid, first quality, 361 b and under, 7 1 (!; second quality, average about 321 b, 7d. New Zealand frozen beef.—Ox fores, .160 to' 2201 b, 2yd.

Australian frozen beef. —Ox binds, 1601 b and under, 3|d; over 1601 b, 3j|d. Argentine chilled beef.—Ox fores, 160 to 2201 b, 3-id. New Zealand pigs.—First quality, 60 to 801 b, sid ; 81 to 1001 b, and 101. to 1201 b, sgd. \ Australian pigs.—First quality, 60 to 1001 b, average iibout 801 b, sgd ; 101 to 1201 b, sgd ( j others unchanged.

THE PRICE OP TIN (British Official Wireless.) Ilec. 10 a.m. RUGBY, April 7. The price of tin on the London exchange advanced by 02s 6d to £243 17s 6d, being the highest recorded since January, 1928,

OVERSEAS GRAIN MARKETS LONDON, April 5. Wheat -. The demand for cargoes quietened to-day, but prices were unchanged. Parcels were steadily bold. Futures: London: April. 16s fid per quarter; June, 17s ll.pl; September, 18s fipl; Liverpool : May, 4s 3d per rental; July, 4s 5J,d ; October, 4s 7 3-Sd. Spot wheat trade is slow, Atistraliau, ex ship, 21s 9d to. 22« 9d a. quarter. Flour is quiet. Australian, ex store, 16s 9d to 17s a sack. Oats are slow and easier; peas, maples, are move .active; best New Zealand, March and April shipments, 395; Tasmanian maples, March and April, 40s; blue Tasmanian, April, 210 s to 2155. Beans are unchanged.

LONDON STOCK EXCHANGE (British Official Wireless.) BUG BY; April 5. Owing to the approaching end of the account, business on the stock markets to-day was restricted. British Government stocks were slightly weaker, War Loan 3£ per cents, being quoted at £lO4 7s 6d. Sales included 1\ and 0. deferred stock, 17s 4Ad; Mount, Lyell, 19s 3d; Bulolo Gold Dredging, £5 lbs.

GOLD MINING REPORTS The Bell Kilgotir Gblrlmining Company wash-up for the week elided April <i amounted to 10oz. oewt. Irani development work. The secretary of the Goldfields Dredging Company, Limited, reports that the dredge is making good headway toward the upper gorge, and that there was no wash-up this week. The Charleston Sluicing Company (Buller) reports that for the period ended March 17, a total of 20oz. lSilhvt. was washed up. Of this amount Hioz. were secured in one week, water 'being very short during the second week. It was expected it hut, when the went her broke there'would bo no more dry spells for the remainder of the year.