COMMERCIAL

Poverty Bay Herald, Volume LXII, Issue 18633, 18 February 1935, Page 10

COMMERCIAL

AMALGAMATED WIRELESS INTERIM DIVIDEND p, msJganrited Wireless (Australasia), Limited'! bare advised that- a cable raest;ago from head office, Sydney, stated that, an interim dividend of 3 per cent, on capital would be paid on March 16. Transfer 'boohs will be closed from March 1 lo .16, inclusive. The interim dividend is at an unchanged rate. The. distribution for. the, year mulct I .lime 3, 1934, was at the rate of 10 per rent.

CONTINUED EASING

AUSTRALIAN SHARE MARKETS

SYDNEY, Feb. 15.

(in the Sydney Stock Exchange 10-dny prices continued Lo case. Leading industrials, including Broken Hill Proprietary and Colonial ,Sugar, slackened. Sales : Colonial Sugar, £4l 10s ; Bank of New South Wales, £3O 10s; Commercial Bank of Sydney, £l6 ss; National Bank of Australasia, £5 paid, £6 8s; Union Bank, £8 12s 6d. Associated News, 22s 9d; ditto, pref., 23s 4id ; Howard Smith, 16s 3d; Huddart, Parker, 38s 6d; Australian Gas, A, £7 18s; British Tobacco, 38s 9d; Tooths, 48s 6d ; Toohcvs, 29s 3d ; Carlton Brewery, Ess 3d.

Australian Glass, 61s; Dunlop, Perdriau. 18s 9;1; Goldsbrough, Mort, 28s 6d ; Wiuelicombe, Carson, 26s 6d ; Fairymead Sugar, 375 : Electrolytic Zinc, 21s lO^d; David Jones, 40s; Anthony Hordern, 18s: Lustre Hosiery, 2>6s 9d; Standard Cement, 19s did; Drug Houses of Australia, 24s 10jd. Australian Iron and Steel,-pref., 22s 10-jd : Broken Hill Proprietary, 51s 9d ; Bulolo Deposits, lid: Placer Development, £2B ss; General Industries, 14s 6d. Morning sales included: Commonwealth Bonds. 3 per cent., 1948, £ICO 10s; 31 per cent.. 1948. £lOl 10s; 4 per cent.. 1941. £106: 1944. £lO7 6s 3d; 1947. £IOB 10s; 1953, £lO7 12s 6d : 1955. £lO7 12s 6d : 1961. £lO9 5s ; Tooths. New Zealand delivery. 48s 6d : Anthony Hordern, 10s : Associated News, pref., 23s 4id; Broken Mill Proprietary, 535; Burns. Pliilu, 62s 6d ; Dimlo'i. Perdriau. 18s IOJd ; ditto, pref., 395; Goldsbrough 31011, 28s 3d • James Stcdman, 16s 3d. MELBOURNE, Feb. 15.

Rales on tbe Melbourne Stock Exehange to-day included: Commercial Bank of Australia, 16s 9d : ditto, pref.. £° 19s; National Bank of Australasia, £5 paid. £6 8s; Goldsbrough, Mort. 20s 3d: Australian Glass, pref.. 435: Australian Iron and Steel, pref., 22s Oil; Broken Hill Proprietary. 52.5 ; Dunlop, Perdriau. 18s 8d : Howard Smith, 16s 6d: Ml. I,veil. 17s 10d : Electrolytic v iiie, 211, 2d: Tongkah Compound. 22s

THE MEAT MARKET

SMITHFIELD QUOTATIONS

LONDON, Feb. 1(1. Following are the latest Smitlilield market quotations:— New Zealand Sheep. Canterbury and North Island' crossbred wethers and maiden ewes, -18/5(111'., s£d-; 57/6lib., Tiitl; (i5/721b., -lid; North Island, 48/5010., s»d; 57/(lJlb., -J.i'd; (55/7211)., -lid; ewes, under -181 b., Id; 48/0411)., Aid; (35/721b., 3Jd. Australian Sheep. First quality crossbred' and/or merino wethers, 40 to 051 b., -Id: second quality, 30/5511)., did; ewes, 80/551 b., 3Jd. Argentine Slicep. First quality crossbred wethers, 48/(541 b., 4ld; 05/72 lb., 4d. New Zealand Lambs. —Canterbury, 3(ilb. and under, 7£d; 57/421b., 7^cl; 43/50, 7Jd; second quality, average about 821 b., OJd'; other South Island none oil'ering; selected North .Island, including ’Downs, 801 b. and under, 7§d; 37/4211)., 7Jd; 48/5011)., 7<l; second quality, average about 821 b., 01d; other North Island first quality, 301 b. and under, 7d; 37/4210., 7<i; second quality, average about 321 b, (38d.

Australian Lambs. —Victorian first, quality, 801 b. and under, Old; 07/4210, Old; other States, first quality, 801 b. and under, Ogd; 87/4210.. Ogd; Victoriau, second quality, 861 b. and under, Ojd; other States, second .quality, 801 b. and under, Ojd; all States, third quality, average about 201 b., (5Jd. Argentine, Lambs.—First quality, 80 ]b-. and under, (iijd; 07/421b., o sd; second quality, average about 28Jb., bid'.

Patagonian Lambs. —None ottering. New Zealand frozen bcei'. : —Ox fores, 100/20010., 2pi; ox hinds, 100/22010., 3pL Australian frozen beef. —Ox crops, 1001 b. and under,' B{d; over IUOJb., 81 d; ox binds, 1001 b. and under, 3£d; over 1601 b., 3£d.

Argentine chilled beef.—Ox fores, IGO/2201b., 3.1 d; o.x hinds, 160/2201b., sd. New Zealand pigs.—First quality, 00/8010., sld; Sl/.1001b., sd; 101/120 lb., sd. Australian pigs. First quality, CO/1001b., average about 801 b., s]d; 101/120, sd.

MELBOURNE PRODUCE MARKETS

MELBOURNE;, Feb. 15

Wheat, 2s llid to 2s 11 irl per bushel. Flour, £7 15s per ton. Bran, £4 Iss. Pollard, £5. Oats, 2s 5d to 2s 5Jd; per bushel. Barley, English, 2s lOd to 3s. Maize, 3s fid. Potatoes, £ll 10s to £l2 10s per ton. Onions, £8 10s to £8 12s 6d.

NATIONAL MORTGAGE CO. LONDON, Feb. 14. The National Mortgage and Agency Company of New Zealand, Limited,-after contri'buting £6255 to stall' superannuation provident fund, shows a credit balance of £37,371, of which £14,685 was brought in. A final dividend of 5 per cent.', fax free, is declared, and there is placed to reserve £SOOO and carried forward £15,292.

GOLD MINING RETURNS The Goldfields Dredging 'Company reports a return for the week of 21oz. 10 dwts. for 129 hours’ dredging. LONDON MARKETS The Bank of Now Zealand has received the following advice from London as al the close, of business this week:—■“ Wei lien's: Weaker values are ruling owing to lack of demand. Ewes: Trade is slow. Lambs: The market is over-supplied. Sellers trying to force sales have weakened prices. Current quotations: AVotluvrs, light, 4Jd to fi|d; heavy, Hijd to •lid; ewes, .'ld In <1 .1 -Mil; lambs, twos 0 7-8 dto 7 J.-Stl; eights, 7cl lo 7jd; fours, 7d to 7]d; seconds, tj u-5d to 0 7-sd.