FINANCE AND COMMERCE

Taranaki Daily News, 26 August 1931, Page 16

FINANCE AND COMMERCE

SHAREMARKET TRANSACTIONS. Christchurch, August 25.—Sales on Exchange: Commercial Bank of Australia, 12s 4d; Goldsbrough Mort, 18s lid (2 parcels), 18s lOd; New Zealand Refrigerating (10s paid), 3s 7d (3 parcels); Mt. Lyell, 16s 9d; King Solomon, 2s lOd, 2s lid; Mahakipawa, 8d (4 parcels); Okarito, 9s 9d (2 parcels); Golden Point (Is paid), Is 3Jd (3 parcels). Sales reported: New Zealand Guarantee Corporation, 4s lOd .(4 parcels); Christchurch Gas (106 paid), 12s; N.Z. Breweries, 28s 6d. Auckland, August 25—Sliaremarket sales: Government Bonds, 1937, 54 per cent., £99 12s 6d; Inscribed Stock, 1937, 5J per cent., £99 10s; Commercial Bank of Australia, 13s sd, 13s 5Jd; Bank of New South Wales, £24 17s 6d; Bank of New Zealand, 46s 3d; Union Bank (2), £6 7s 6d; New Zealapd Insurance (late sale Monday), 37s 6d; South British, 50s 6d; Auckland Gas, 23s 3d; Moturoa Oil, 4s 9d; King Solomon (2), 2s lOd.

LITTLE BUSINESS AT BRADFORD.

By Telegraph—Press Assn.—Copyright. ' London, Aug. 24. Bradford reports little business. There Is fair inquiry for tops, but offers are usually .below sellers’ ideas. ■BRITISH WHEAT CARGOES STEADY London, Aug. 24. Wheat cargoes arc'steady. Parcels are 3d down. Quotations for futures are: London, September 17s 6d, December 18e 3d, February 18s lid. . Liverpool, October 3s lljd, December 4s Id, March 4s 3 7-Bd, May' 4s 6l'd. TALLOW AND HEMP. LONDON MARKETS QUIET. The Department of Agriculture has received the following cablegram, dated August 22, from the High Commissioner for New Zealand, London: —- Tallow— Market quiet. Very little demand either on spot or for shipment, and values nominally unchanged. Hemp.—Manila market inactive and prices lower. “K” grade for July-Sep-tember shipment sold down, to £l4 15s, and for shipment in August-October £l5. Sisal: Market quiet and easier. No. 1 grade., fair average quality for shipment in' July-September sold down to £l3, for August-October shipment £l3 2s 6d. Good marks done at 2s 6d more. New Zealand: No interest shown. Nominal values for August-Oc-tober' shipment. Highpoints £l9, fair £l7 10s, common £l6 10s, rejected £l5 10b. Tow, No. 2 grade £l3 15s, No. 3 grade £l2 15s. No first-hand sales reported. .