COMMERCIAL.

Timaru Herald, Volume XC, Issue 13299, 30 May 1907, Page 5

COMMERCIAL.

THE LONDON MARKETS.

Press Association-By, Telegraph-Copyright LONDON, May 28. Consols "sold at 84£ on .cash account, and were then quoted at-84 5:16. , The wheat aiid flour afloat for the United Kingdom amount ,to 3,470,000 quarters, and : for the. .Continent 2,560,000 quarters _The Atlantic shipments for the week total 245,0:00, quarters, and the Pacific .15,000 quarters, - ■. ■

Dalgety's shares oiCopper, on spot, £IOO ss: per ton; three months, £9B ss. Tin, on spot, £lB9 10s per ton; three months, £lB5 10s. Lead, £2O 2ts 6d per ton.

THE AUSTRALIAN MARKETS'.

SYDNEY,, May. .29.

Wheat, chick, 5s 6d to3s9d; milling, As.- Flour, £9. Oats, Victorian Algerian, 2s 9d; Tasmanian white, 3s. . Barley, Caps, 2s 8d tr> 2s 9d. Maize,. 2s lOd. Bran and pollard, Is Id. Potatoes, £2 10s to £3. Onions,. Victorian. £3 55., Butter, 96-s to 98s per cwt. Cheese, 6d per lb. Bacon, 6id tc< 7£d.

MELBOURNE, May 29.

Wheat, 3s 11 jd. Flour, £8 155. Barley, Cape feeding, 2s sd; choice malting to' 4s lid. Maize, 4s 4d. Bran and pollard, Is, Potatoes, £2 to £2, 10s.

ADELAIDE, May 29. - Wheat, 3s lOd. Flour, £8 15s Bran and pollard, Is Id.

BANK OF NEW SOUTH WALES.

Pveceived 12.44 SYDNEY, May 29.

At .the half-yearly meeting, of the Bank of New, South Wales the net-profits after making." all provisions, amounted to £141,-. 582. This with the undivided balance from last half-year gave £169,050 for distribution. A' dividend .-was declared at ilie r-ats of 10 per. cent. ;° £25;000 was added to the reserve: £15,000 to the Buckland fund, and £29,314 carried forward. The chairman reported .satisfactory business during the half-year. He explained that the Buckland fund was established by the late Sir Thomas-Buckland, a former president of the bank, who gave £ISOO to meet exceptional cases for relief outside the scope of <the\ Officers' Provident Fund. . The directors considered the present an opportune time to'make a grant to the fund which would, .enable them to further supplement the : retiring allowance of aged and infirm officers. The .report was. adopted. A special meeting .was held subsequently, at which it was • agreed to increase the'bank's capital from £2,000,000 to £2.500,000 by the issue .of 25,000 new £2O shares. * .■-... -.