LATE COMMERCIAL

Southland Times, Issue 22296, 11 April 1934, Page 11

LATE COMMERCIAL

SYDNEY STOCK EXCHANGE. HEAVY TRADING CONTINUES. (United Press Assn.—Telegraph Copyright.) (Rec. 8.35 p.m.) Sydney, April 10. On the Stock Exchange to-d.:y heavy trading continued in all sections. Banking shares were the only noteworthy weakness. Tin shares were steady at the recently improved levels. Sales:—

LONDON PRODUCE MARKETS. The Department of Agriculture has received the following cablegram, dated April 7, from the High Commissioner for New Zealand, London: — Tallow: Poor demand continues. Values about unchanged. Hemp: Manila—Market quiet. Value “K” grade for April-June shipment £l3 15/-. Sisal: Market quiet and easier. April-June shipment quoted sellers £l7 5/- and May-July shipment sold at £l7 5/-, New Zealand:

Market dull and unchanged with no first hand sales reported. Apples: Mataroa and Zealandic shipments cleared. Port Hunter landed in good condition. Mahana, Tuscan Star and Mamari discharging next week. Trade very slow in anticipation of 'heavy arrivals. Current prices: Cox’s Orange, 14/- to 20/-; Jonathan, 11/- to 13/-; Dunn’s Favourite, 10/- to 12/-; Worcester Pearmain, 9/- to 11/-; Alfriston, 11/- to 12/-; Gravenstein, 7/to 9/-. Peas: Maples—Demand disappointing. Market has declined but a little more interest shown by buyers at the lower level. Sellers quote Tasmanian for April-June shipment at 40/6. Closing values New Zealand for April-May shipment 39/-. Blues: Large supply of Tasmanian. Poor demand. Closing values for April-June shipment £lO 15/- to £ll.

£ s d Bank of New South Wales 34 7 6 Commercial Bank of Sydney 17 16 0 Bank of New Zealand 2 8 3 Union Bank 10 7 0 National Bank (£10 paid) 13 7 0 Colonial Sugar 66 12 6 Colonial Sugar (New Zealand delivery) 66 15 0 Associated Newspapers 1 2 9 Associated Newspapers (pref.) 1 3 71 Burns Philp (South Sea) 1 7 6 Australian Gas (A) 7 18 0 Dunlop Perdriau 19 9 Dunlop Perdriau (pref.) «i 1 15 11 Goldsbrough Mort 1 13 6 Adelaide Steam 1 5 6 British Tobacco 1 17 71 Tooth’s 2 3 6 Toohey’s 1 8 0 Carlton Brewery 2 5 0 Hume Pipe (New Zealand de livery) 14 0 Morris Hedstrom 17 6 Millaquin Sugar 1 9 0 Fairymead Sugar 1 14 3 Electrolytic Zinc 1 6 3 David Jones 2 0 9 Farmers 18 101 G, J. Coles 2 5 0 Lustre Hosiery 1 4 3 Mt. Morgan (ex-dividend) 1 0 0 Mt. Lyell 1 4 11 South Broken Hill 3 10 9 Kuala Kampar 16 11 Rawang 9 2 Malim Nawar 15 9 Tongkah Harbour 17 0 Melbourne Sales. Mt. Lyell 1 3 9 Broken Hill Pty. 2 6 0 THE METAL MARKET. (United Press Assn.—Telegraph Copyright.) (Rec. 8.35 p.m.) London, April 9. Metal quotations are as follows:— i April 6. April 9. £ s d £ s d Copper— Standard spot 33 9 41 36 4 41 Forward 33 14 41 33 16 3 Electrolytic 36 5 0 36 5 0 to 36 15 0 37 0 0 Wire Bars 36 15 0 37 0 0 American 8.25 cents 8.37 cents Lead— Spot 11 17 6 11 7 6 Forward 11 17 6 11 15 0 Spelter— Spot 15 0 0 14 17 6 Forward 15 7 6 15 5 0 TinSpot 243 17 6 241 7 6 Forward 242 8 9 239 17 6 Silver— Standard, per oz. 2C 19 15-16 Fine, per oz. 21 916 211