COMMERCIAL

Poverty Bay Herald, Volume LXV, Issue 19758, 12 October 1938, Page 8

COMMERCIAL

RECOVERY IN PRICES AUSTRALIAN 'CHANGES BRISK TRADING (Eloc. Tel. Copyright—United Press Assn.) SYDNEY. Oct. 10. The Sydney share market opened and closed strongly to-day, all departments participating in the price recovery. Numerous good gains were made with brisk trading. Sales included:- Bank of New South Wales, £3l 10s; National Bank, £5 paid, £6 12s Gd; Bank of New Zealand, £2 2s 3d; Colonial Sugar. £4o ss; Associated News. £1 Is 3d: Howard Smith, l'fls tin: Burns. Philp, £2 12s: Burns. Philp (South Sea), ,ti 8s: British Tozaeco, .1.2 9.-,; Tooths and Co., £2 14s lid; J'ooheys, Ltd., £1 lis; G. J. Coles, £3 18s (id; Australian Glass, £4 13s; Dunlop Perdriau, £1 Is 3d; Anthony Hordern, lGs Ocl; James Madman, 13s 2d; Edwards, Dunlop, £2 (is; William Adams, 14s (id; Standard Cement, £1 0s lid; Australasian Paper, £1 10s; Malleys. £1; Sydney Ferries, 6s 7d; Wool worths Ltd., £1 Is: Warburton Franki, £1 0s 9ci: Mauri Bros., £3 2s Gel: Mark Foy, 19s fid: Victoria Nyanza, 15s Gd: United Provisions, 8s 3d; Wilcox MoIHm, (is 3d; Henry .Jones. £2 8s 3d; Electrolytic Zinc. 1:2 4s (id; ditto, N.Z. delivery, £2 4s Gd: ditto, prof., £2 8s; Mount Lyell, * 1 9s 3d: Broken Hill Ppty., £2 18s 9d; North Broken Hill, £2 9s 9d; Broken Hill joul'n, £1 13s; Ftawang Tin, lis lid; Larut Tin, 13s 3d; Loloma Mines, £1 is Gd; Oil Search. 8s 9d.

Morning sales included: Commonwealth Bonds, 4 pei- cent. 1938, £lOl ss; 1941. £lO2 ss; 1950, £lO2 10s; 1957. £IOB 2s (id: 1961, £lO2 10s; Tooth's Brewery, 545; Anthony Hordern. lGs

,;d; British Tobacco. 48s 3d; DunlopPerdriau Rubber. 20s 9d; Electrolytic Zinc, 43s Gd: Meggitt's. 29s 3d. On the Stock Exchange of Melbourne to-day, influenced by a strc.ig ; ise ill America, leading industrials and Barriers tinned, but gold shares (.vere variable. Dealings in Commonwealth bonds were irregular, with values practically unchanged. Sale:uiciucieu:—Commonwealth Bank of Australia, lGs lOd; National Bank, £5 paid, £G 14s; ditto. £lO paid, £l3 las; Australian Paper ivlfrs., pref., £1 4s lid; Howard Smith, 19s 8d; British Tobacco. £2 8s 9d; G. .1. Coles. £3 19s: Drug Houses. £1 as 9d; Dunlop-Per-driau, £1 0s lid; Felt and Textiles, £1 12s; Australian Foundation Investment Trust, ss; National Reliance Investment Trust. 10s; Electrolytic Zinc, £2 4s Gd; ditto, pref., £2 as 3d; Mount Morgan, lis 4d; Mount Lyell. £1 9. .Hi; Broken Hill Proprietary, £2 18s iid; North Broken Hill, £2 8s 9d; Broken Hill South. £1 13s: Emperor Gold, 13s 3d: Loloma Mines. £1 4s Gd

NORTHERN PRODUCE RATES

CAULIFLOWERS DEARER

DRY SPELL AFFECTS CROPS

Rain is now urgently needed to maintain production in the Pukekoho district at a good level. Crops are toeginning to ripen off prematurely.

Should the dry conditions continue, aew potato crops will be light and cauliflowers, particularly, will be in very short supply.

Crops of new potatoes dug last month yielded only about sewt. to the acre. Those being dug to-day are giving from 30cwt. to .'! tons. The price c'or good lines remains at last week's ievel. 25s 6d per cwt., f.0.r., Pukekqhe. Poorer lines are going direct to auction markets.

Cauliflower values have taken another jump, Monday's quotations being 13s 3d a Chapman bag, and His 3d a sack, as against 12s and las 3d last week. Orders are being filled only with difficulty. Spring cabbages remain at 10s. 9d a bag and 14s 9d a sack. The season for the Savoy variety has ended.

What is probably the last parcel of pumpkins to leave the district this year went away on Monday. The price was 9s per cwt. Carrot prices have aardened from 4s (id io 5s a sugar bag luring the week. Lettuce, which is in ;hort supply, remains firm at lis a case. Ca'bbag'e plants continue to bring 12s (id a thousand, cauliflower plants 13s (id, and onion plants 3s (id.