FINANCE AND COMMERCE

Taranaki Daily News, 7 June 1930, Page 11

FINANCE AND COMMERCE

DAIRY PRODUCE MARKET. MORE STEADINESS INDICATED. The London butter markdt is steady, according to cabled advice received by Mr. E. Griffiths. New Zealand finest is quoted at 1265. to 1285., first 1245. to 1255., Danish 1295. to 1305., Australian 121 s. to 1248. The market is steady, New Zealand whiteTeing quoted at 765., New Zealand coloured 785. ? Canadian" white 78s. e.i.f.e., Canadian coloured 795, Joseph Nathan and Co. have received the following cable: —Butter, 127 s. j white cheese 775.; coloured 83s. Tho cable indicates that there is more activity in both markets. 'file butter market is firmer, says a .cable received by Turner anff-Co. Danish is New. : Zealand, 1255. to Australian, 1235. to 1245, The cheese market is steady. White, 765. to 775.; coloured, 82g. to 83s.

The Farmers’ Co-op has received the following cable: Butter is steadier at 125 s to ]27s and cheese is firm at 76s to 82s.

' SHAREMARKET TRANSACTIONS. Wellington, June 6.—Reported sales: Inscribed Stock, 5j per cent. (1932), £9B 10b.; do., 5J per cent. (1937), £96; Bank of New. South Wales, £39 10b., £39 155.; 'Christchurch Gas 265, 6d.; Carlton Brewery, 345. 71d. .Sales on exchange: British Tobacco Co. (ord.), 41s. Dunedin, June 6.—Sales on .exchange: Paper Mills, 19s. 6d. (ex. div.). Christchurch, June 6. —’Sales on Exchange: New Zealand Government 5J per cent. Inscribed Stock, 1932, £9B 15s; New Zealand Government 5j per cent. Inscribed Stock, 1936, £99 7s 6d; Australian Bank of Commerce, 25s sd; National Bank of Australasia (£lO. paid), £l5 Ils; Bank of New South Wales, £4O (three parcels); Bank of New Zealand (cum. div.), 59s 6d; Union Bank of Australia, £l2 2s fid; New Zealand Refrigerating (10s ss 3d; Westport Co., 30s 6d; Toohey’s Brewery, 24s Id t’ Dunlop Perdriau Rubber, 14s 9d; Mb. Lyell (cum. div.), ,29s 4d; Weeks Lt<l, £7 15s; Stoney . Creek (6d :? paid),. 5d ('late sale yesterday). . Sales reported: Australian Bank of Commerce, 25s od; Commercial Bank of Australia, 22s 6d; Commercial Bank of Australia, 22s 3d; Goldsbrough Mort (cum. div.), 335, 32s 8d; Christchurch Gas, 26s fid; British Tobacco, 41s. Auckland, June C. —Commercial Bank of Australia, 22s 3d; National Bank of Australasia, £l5 6s; National Bank of Australasia (oon.), £7 14s; Bank of New ■South Wales, £4O; Bank of New Zealand, 59s 3d; South British Insurance, • 60s; Goldsbrough Mort, 33s (two lots) and 32s fid; Auckland Gas, 24s 9d; Huddart Parker, pref., 19s 9d; British Tobacco, 41s 3d; Colonial Sugar, £43 (two lots); Hill and Plummer, 22s fid; New Zealand Farmers’ Fertiliser, 19s 9d New Zealand Refrigerating (con.), ss,